Management Theory is becoming a compendium of dead ideas

“Management Theory is becoming a compendium of dead ideas”.

What Martin Luther did to the Catholic Church needs to be done to Business Gurus” Schumpeter, The Economist https://lnkd.in/ehXu9Wx

I am not a fan of 20th Century Management either because it is categorically FAILING to deliver And the truth is that management, employees and customers have never been more disconnected from each other

KPIs and Finance are now ALL that matters

The only thing stopping employees from firing their bosses is their own financial situation and macro-economics The evidence is staggering:

ūüėģ87%‚Äč ‚Äčof‚Äč ‚Äčemployees‚Äč ‚Äčare‚Äč ‚Äčdisengaged.‚Äč ‚ÄčUp‚Äč ‚Äčto‚Äč ‚Äč35%‚Äč ‚Äčcan‚Äč ‚Äčbe‚Äč ‚Äčactively‚Äč ‚Äčdisengaged,‚Äč ‚Äčworking against‚Äč ‚Äčthe‚Äč ‚Äčinterests‚Äč ‚Äčof‚Äč ‚Äčthe‚Äč ‚Äčcompany.¬†

ūüėģ86%‚Äč ‚Äčof‚Äč ‚Äčemployees‚Äč ‚Äčbelieve‚Äč ‚Äčthere is‚Äč ‚Äča‚Äč ‚Äčleadership‚Äč ‚Äčcrisis,‚Äč ‚Äčdistrusting‚Äč ‚Äčtheir‚Äč ‚Äčleaders‚Äč ‚Äčso‚Äč ‚Äčbadly that‚Äč ‚Äčthey‚Äč ‚Äčhave‚Äč ‚Äčno‚Äč ‚Äčloyalty‚Äč ‚Äčto‚Äč ‚Äčthe‚Äč ‚Äčcompany‚Äč ‚Äčat‚Äč ‚Äčall¬†

ūüėģ75%‚Äč ‚Äčof‚Äč ‚Äčemployees‚Äč ‚Äčsay‚Äč ‚Äčtheir‚Äč ‚Äčboss‚Äč ‚Äčis‚Äč ‚Äčthe‚Äč ‚Äčworst‚Äč ‚Äčpart‚Äč ‚Äčof‚Äč ‚Äčtheir‚Äč ‚Äčjob

ūüėģ70%‚Äč ‚Äčof‚Äč ‚Äčmanagers‚Äč ‚Äčadmit‚Äč ‚Äčthey‚Äč ‚Äčdon‚Äôt‚Äč ‚Äčknow‚Äč ‚Äčhow‚Äč ‚Äčto‚Äč ‚Äčcope‚Äč ‚Äčwith‚Äč ‚Äčtheir‚Äč ‚Äčemployees‚Äč

So WHY are we still hiring 20th century consultants?  Thanks to Dr. Richard Claydon and John Dobbin for the stats.

The Creative destruction is coming. Read my own article on the Schumpeterian perspective: https://lnkd.in/emQm9xf