There is the potential for a long post here, but for the moment, I’ll stick to “Innovation grants”. A small client worked for weeks, hiring consultants, to obtain an innovation grant for part of one R&D effort. They won a grant, and then spent the duration of the  project accounting for its use in excruciating detail. The person who did that accounting was a key employee: there was no one else available in such a lean and effective company. By […]

Tags: Bureaucracy, Business, Collectivism, Funding, Innovation