Honestly the bigger problem - even with the current topic - is that everything is top down.
They don't make a framework for XYZ to emerge based on market forces. It's always committee driven 'we will support this initiative so XYZ happens' top-down initiatives.
Those are necessary in some sectors, but it is applied everywhere. With multinational participation in committee and a lot of back and forth dance.
It's better than blind trendchasing or completely unregulated market forces doing their job, but the delay overhead is gigantic.
They don't make a framework for XYZ to emerge based on market forces. It's always committee driven 'we will support this initiative so XYZ happens' top-down initiatives.
Those are necessary in some sectors, but it is applied everywhere. With multinational participation in committee and a lot of back and forth dance.
It's better than blind trendchasing or completely unregulated market forces doing their job, but the delay overhead is gigantic.