Companies might face several obstacles when trying to implement a competitive team structure like Theranos. Firstly, such a structure could lead to a toxic work environment due to excessive competition, leading to employee burnout and high turnover rates. Secondly, it could lead to a lack of collaboration and knowledge sharing between teams, hindering overall progress. Lastly, it could create a culture of fear and secrecy, which is detrimental to innovation and growth. To overcome these obstacles, companies could promote healthy competition that encourages collaboration and knowledge sharing. They could also ensure transparency and open communication, and provide adequate rest and support for their employees to prevent burnout.

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As months went by, Elizabeth grew frustrated with the slow pace and wanted to run the engineering teams twenty hours and seven days a week. Ed felt this would overburden his already stressed team and refused to comply. Over the next few months, he saw new engineers being hired who did not report to him. A parallel engineering team was being formed to make both teams compete with each other.

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Bad Blood

Learn why and how a $9 billion dollar company vanished in a few weeks. The story of Theranos is the Silicon Valley equivalent of the Enron scandal rep...

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