It’s risk vs. efficiency. Duplicating work lowers risk at the cost of efficiency. Without redundancy, the market is unstable.
Look at the pipeline shortages of the past year. A chip shortage screws up many industries because all eggs are in one basket. Farmers have government incentives to overproduce for to prevent food instability.
A company always has competition due to promotions, by the way. Competing at a team level makes sense for R&D, since products can end up different. But I’m not sure how it makes sense for a big, resource heavy project.
Look at the pipeline shortages of the past year. A chip shortage screws up many industries because all eggs are in one basket. Farmers have government incentives to overproduce for to prevent food instability.
A company always has competition due to promotions, by the way. Competing at a team level makes sense for R&D, since products can end up different. But I’m not sure how it makes sense for a big, resource heavy project.