89902008


The Sideshow on the failure of business management:

There’s a lot of that going around. I’ve complained before about the huge influx of owners and managers over the last 20-some years in almost every field who seem to place no value on – indeed, seem unaware of – the history and lore of the industries they are now controlling. These people, in turn, hire others who are similarly ignorant and all too often so oblivious to the way things work that don’t even try the novice trick of reinventing the wheel, because they don’t see the value in having the wheel in the first place. That is, they get rid of existing practices that work for the industry, without understanding (or caring) why those practices were in place, and then they implement new practices that confound the goals and efficiency of the organizations they run.