||Central Bank Of Barbados
Gary Hamel contends that hierarchical companies, and the belief that managers should initiate and direct operations, are at the root of the current series of catastrophic failures of major companies and markets in the industrial world. Hamel believes that the world is on the cusp of a revolution of management theory and practice, driven by the fact that the management practices and organisation structures that we now take for granted are unsuited to the requirements of the modern marketplace, and are a source of demotivation for knowledge workers. The companies that have become most successful in the 21st century are those where managers view themselves as leaders, not generals, and where companies are organised so as to promote the talents of their staff, and to give each person room to grow and take initiatives.
Book Review - An Organisation Worthy of its Employees Talents (Dec 2012).pdf