The 5 Stages of Corporate Grief
Oct. 2nd, 2020 02:11 pmThe 5 Stages of Corporate Grief
Denial ("We totally are not doing that thing regulators are asking about.")
Anger ("How dare you accuse us of doing something wrong! Even if we were doing the Thing, we would have a total right to do it! And it's good for consumers! Why do you hate consumers, huh?")
False Bargaining ("What if we just agree not to do the Thing any more? No rule or law, just we promise. Or maybe some minor punishment or this new law/rule we ourselves have written?")
Real Bargaining ("Fine, we'll stop doing the Thing and accept a rule about the Thing, but not variations on the Thing. Well, maybe one general rule, but nothing else. You don't want to overregulate us.")
Acceptance ("We really don't need the Thing to be profitable and besides, the real money now is in Other Thing.")