Management squeeze driving U.S. decline

Henry Mintzberg, McGill's John Cleghorn Professor of Management Studies, writes in an opinion piece in the the South China Morning Post: "Signs of the American economy's perilous condition are everywhere - from yawning fiscal and current-account deficits to plummeting home prices and a feeble U.S. dollar. But something that shows up in none of the economic indicators may be driving many of them: the deterioration of U.S. management, which is undermining not only many of America's great enterprises, but also its spirit of enterprise. ..."