Technology Companies

I sometimes wonder how a company can stay in business. I used to work for a company that would stumble over itself internally. Every manager or vice president had his/her own idea about how to do something. One vice president would want to direct the company toward a special technology and another one would want to move another way. They would accept contracts for which they didn't have any specialists. They would then feverishly look for someone with that speciality (even offering referral bonuses to employees). It they couldn't find someone they would down the contract. I really couldn't believe it.