The wrong direction


To mark the journal’s 90th anniversary, the Harvard Business Review website has run a series of blogs and articles under the strapline “Why Management Matters”. Alas, the content does not engage with the proposition itself, taking the importance of management for granted.

… “The problem is managerial, it’s not economic,” says McGill University’s Prof Henry Mintzberg of the crisis. “So many companies have been so mismanaged, the whole economy is faltering.” Somewhere along the line, management stopped being Dr Jekyll and turned into Mr Hyde – the biggest destroyer of shareholder value since the Great Depression and world wars.

Read full article: Financial Times, December 3, 2012