Self defeating conclusion?
So, article suggests picking winners is not possible, and concludes with...
'...If the PM wishes to know what sort of company should be at the heart of any future UK industrial strategy, Hayes and his many chief executive friends around the country are ready and waiting for her call'.
And this will be different why?
Perhaps a better choice would be not doing any of this rubbish and leaving the resulting hundreds of millions of revenue in the hands of people who have shown an ability to add value (hence the existence of that profit to tax)