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Why Managers Matter:
…management (and hence executive authority) is essential in two conditions that are the hallmarks of our modern economy: an emphasis on knowledge as the key competitive resource, and competition based on innovation.
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135 |
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Why Managers Matter:
Big companies can certainly become lethargic, paving the way for typically smaller, more agile competitors to ‘disrupt’ them…
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142 |
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Why Managers Matter:
So hierarchy seems to be central for understanding of what firms are and do for the functioning of the economy.
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142 |
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Why Managers Matter:
Indeed, the traditional hierarchically organized company has remarking staying power.
|
144 |
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Why Managers Matter:
…the company is indisputably at the center of capitalism.
|
145 |
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Why Managers Matter:
Distrust of the corporation – and more broadly, the company – goes back a long time.
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145 |
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Why Managers Matter:
A well-designed hierarchy helps coordinate people and tasks. It lets the right hand cooperate with the left. It establishes routines, policies, and procedures – the rules of the game…
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150 |
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Why Managers Matter:
A good plan clearly delineates people’s responsibilities and how their roles and tasks are lined to those of other people.
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151 |
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Why Managers Matter:
In a well-coordinated project or organization, every part of the plan comes together.
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151 |
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Why Managers Matter:
Coordination doesn’t happen by itself; it requires deliberate forethought, motivation, review, and revision.
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151 |
