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The problem is that at a lot of big companies, process becomes a substitute for thinking. You're encouraged to behave like a little gear in a complex machine. Frankly, it allows you to keep people who aren't that smart, who aren't that creative.
Most young people were getting jobs in big companies, becoming company men. I wanted to be individual.
Nobody had a credit card when I was a kid. No one had credit card debt. But these big companies and banks wanted to know how to get more money out of people - get them charging things.
Big companies are like marching bands. Even if half the band is playing random notes, it still sounds kind of like music. The concealment of failure is built into them.
Often you see big companies, big banks who are eager to embrace crushing regulatory burdens because they drive up everyone's costs.
Atari showed that young people could start big companies. Without that example it would have been harder for Jobs and Bill Gates, and people who came after them, to do what they did.
Big companies often use their leverage to take stakes in would-be suppliers, especially in the technology business.
Big companies are looking closer term, and even the most technological companies spend less than 1% of sales on research. Startups have suffered the burst bubble.
The Italy of my children will be at head of Europe, economically. Because Italy has all the conditions to be the country of the startups, the country of artisans and quality, and the country of the big companies.
If you look at any of the big companies, whether it is IBM or L'Oreal, they have a corporate religion and corporate self-image that makes it very difficult for them to execute in different areas.