Debunking the Fads that Undermine Corporate Performance.
Managers of large organisations could be excused for thinking they are under siege. They are said to be unnecessary drones, and in the trend to flatten and downsize, must be got rid of in large numbers. They are being told to make way for newly-empowered workers, and they are criticised for failing owners through a preoccupation with pay and "perks".
'Management Redeemed' offers a contrary view. It shows why well-structured hierarchies and processes of classical management remain vital, and demonstrates how the current preoccupation with fads such as flat structures, corporate culture, quick fixes, intuition, and investor and board activism is undermining corporate performance. In place of the current crazes, Hilmer and Donaldson argue for professional management. They explain why successful large corporations require well-educated, well-paid managers, in sufficient numbers, to tackle ever-increasing demands.
This book details why several layers of management are beneficial, and why analysis and reflection are essential for success. Additionally, it challenges the view that an independent board chaired by an outside director offers the path to corporate salvation.
'Management Redeemed' is a rallying call for managers to recognise their own worth. It urges investors and governments to move from manager-bashing to recognising that management is essential if societies are to retain competitiveness. Competition policy begins with government, but competition practice rests with dedicated, full-time, well-trained managers.
Drawing on a wealth of research, combined with their experience, directors and consultants Hilmer and Donaldson make a compelling case for the crucial need for management.
