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Companies, which enjoyed monopoly status in the beginning of the 80's, like IBM, are now realizing that nothing lasts forever, and they have be innovative, even if the competition is not a great threat. Bill Gates, owner of MicroSoft, has very admirable policies concerning this. His firm is not a monopoly, but it is definably a cutting-edge firm, which is shaping the future...
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One rule he has, is that every six months the bottom five percent of the company's workforce (in terms of performance) get firedo. It is his goal to make his own products obsolete, not letting others do it, and it seems he is achieving that goal. Allocating resources in monopoly does not have to be worsening, but times change and so must management...
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