“Management by wandering,” pingpong tables, and hiring by referral may have worked well when technology was somewhat off to the side of American capitalism. Now, however, these companies and their products are the main event, driving the global economy in ways unimagined in the days of Hewlett and Packard. And the problematic things about current Silicon Valley culture — the lack of diversity, the tolerance of bad behavior, the dramatic inequities within its workforce — are limiting tech companies’ ability to continue their remarkable track record of innovation.
Source: latimes.com – Los Angeles Times