Corporations Are Social Institutions. If They Don't

The Great Myth Is The Manager As Orchestra Conductor. It's This Idea Of Standing On A Pedestal And You Wave Your Baton And Accounting Comes In, And You Wave It Somewhere Else And Marketing Chimes In With Accounting, And They All Sound Very Glorious. But Management Is More Like Orchestra Conducting During Rehearsals, When Everything Is Going Wrong.

It Is Time To Recognize Conventional Mba Programs For What They Are - Or Else To Close Them Down. They Are Specialized Training In The Functions Of Business, Not General Educating In The Practice Of Management.

What We Call A Financial Crisis Is Really At Its Core A Crisis Of Management, And Not Just A Crisis Of Management, But A Crisis Of Management Culture. ...in Other Words, What You Had Is A Detachment Of People Who Know The Business From People Who Are Running The Business.

Strategy-making Is An Immensely Complex Process Involving The Most Sophisticated, Subtle, And At Times Subconscious Of Human Cognitive And Social Processes.

The Real Challenge In Crafting Strategy Lies In Detecting Subtle Discontinuities That May Undermine A Business In The Future. And For That There Is No Technique, No Program, Just A Sharp Mind In Touch With The Situation.