Overthinking (2021)
Living in China it&#x27;s quite amazing how the business culture differs from many western markets. People seem to throw themselves in to ventures without business plans, market research or specific costings. I suppose that when the cost of failure is reduced, dynamism results, because reaction times to opportunities are reduced and people are able to take the risk of following a new path. These days, when I think of analysis paralysis, I think of conservative traditional western business mindsets. The worst of which, frankly, seem to be continental European and governmental bureaucracies.<p>FWIW in the last 18 months I recall pitching one major European industrial group requesting specifically disruptive technology for established industries. Considered at the board level, their feedback was unanimously positive: but they could not take the opportunity because it was &quot;too far from existing business lines&quot;. If you thought corporate VC was bad, try that in an old-Europe context...