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Having worked on both sides. Private industry has the ability to quickly maneuver and change tact.
Imo
It depends on the industry. Huge publicly traded organizations are basically as bad as government
I've peaked inside large private companies. They're no better than public companies. Turns out, being large means you can't move very fast.
Eh, you can quickly create a new division/bureau/area and hire for the new roll and when it doesn't work out you can fire easily. That ain't possible within government where everything is governed by statue or rule
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