Time to update the ancient management principles
Many companies have a good understanding of modern leadership practices. But rapid growth often causes silos and structures to form, which does not serve the needs of an optimally operated business. Often the outcomes remind us of the 50-year-old management practices built atop 19th-century management principles. While the world becomes increasingly complex, our organizational systems are designed for a simpler era. Rigid, centrally-led structures chained by old practices and frustrating processes ignore human needs and leave business potential on the table. It is time for a change.