A Quote by Patrick Collison

At most large companies, what is locally optimal for you is very frequently not what is globally optimal for the company. — © Patrick Collison
At most large companies, what is locally optimal for you is very frequently not what is globally optimal for the company.
Large companies are very good at solving extremely complex problems in a globally optimal way.
Rereading Candide, I was struck by the link between optimism and the optimal, the idea that we have been placed in this optimal world rather than some other.
In the future the optimal form of industrial organization will be neither small companies nor large ones but network structures that share the advantages of both.
Very soon, most companies will need to have a global operating model - even if you only sell locally. Even mid-sized companies will source globally. Knowing how to operate in this environment will be critical. We need to train managers and leaders to become citizens of the world.
That's a large part of the job as governor: to create and maintain the optimal balance.
Large credit guarantees also impede optimal allocation of financial resources and increase moral hazard.
If you are not trying new ways every single day in your company, you will not get to your optimal point.
Going public for the sake of going public is not really an optimal thing. You're going public because as a company you believe it is the right thing to do and it will benefit the ability of the company to achieve its long-term objectives.
One of the most important lessons we can glean from the environmental movement is to 'think globally and act locally.'
No one-liner can ever be optimal.
Miami is not optimal for raising a child.
Well I believe in the desirability of an optimal society.
If the Health Impact Fund were to be instituted, a single company would be in charge of a medical product all the way from its conception to the health improvements realized by actual patients. The company would be paid for health impact, and it would have to arrange the entire pipeline in between - all the steps of invention, of clinical testing, of getting marketing approval in many different countries, of wholesalers and retailers and prescriptions and so on - in a holistically optimal way.
The cutting room is where you discover the optimal length of the movie.
Even people who aren't sick may not have optimal wellness.
In my opinion, no single design is apt to be optimal for everyone.
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