I've done that exact project for like 6 giant pharma companies.
Probably a difficult thing to study, though.
If, on the other hand, your company of 500 employees introduces profit-sharing, then there's probably no point to even trying. Too many decision makers pulling in too many politically motivated directions.
For the latter, putting a spotlight on people's jobs will send a message to all other works.
It isn’t, of course. It’s made up of managers who want to look like they’re doing something big so that they gain status and get a pay raise (“I led the company’s first blockchain initiative!”). It’s made up of employees who want to cover their own asses by recommending that a brand-name consultancy be added to their project. And so on.
Each individual in a corporation acts in accordance with her or his own incentives, which may or may not be well aligned with those of the company’s shareholders.
That's not dissimilar to the food you buy and throw away, the antique furniture you bought planning to restore but never got to it, the stack of book you wanted to read but other things occupy your time.
When you as an individual don't feel any sense of doing better for your organisation. How can an organisation composed of diverse set of people think of your cause?
But the organization itself? Nah. Corporations aren't people, no matter what the courts say.
So much this!
I've seen many outsourced multi-million-pound projects that would have been quicker, cheaper, and better as in-house projects for a few hundred thousand.
A senior manager doesn't want "In charge of a £100,000 3-month project" on their CV. They want to be able to write "In charge of a £20,000,000 2-year project". It doesn't matter that the cheap one works and the expensive one doesn't.
The true currency in the work world isn't money it's status.
Money is only important as a proxy for status.
Having a lot of people reporting to you confers status.
It's a different story to say "we analyzed a market and decided against pursuing those opportunities because of x, y and z" (an activity that produces lots of shelves full of reports) than to say "we didn't pursue some opportunities and we never bothered to look into it" (an activity that never occurred because nobody was filling shelves with reports).
"Give me everything we know about foo" is only possible if somebody has been collecting shelves full of things over time.
Step 5. Consultants get hired to digitalise the process of reporting.
Now a good consultant can make the leap to step 1 and start redirecting value to something else. A shitty consultant milks the company for $ without ever undermining the sorry people stuck at step 3.