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"Modern" management is nearing its existential moment .

"Modern" management is nearing its existential moment . “Everything we learned in the last century about managing large corporations is in need of a serious rethink .” Corporations are bureaucracies and managers are bureaucrats.

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"Modern" management is nearing its existential moment .

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  1. "Modern" management is nearing its existential moment. • “Everything we learned in the last century about managing large corporations is in need of a serious rethink.” • Corporations are bureaucracies and managers are bureaucrats. • Fundamental tendencies: control, self-perpetuation and resistance to change. • Corporate bureaucracy is becoming obsolete. Why managers should act like venture capitalists • Rise of "mass collaboration" as the new basis of organization. • Change, innovation, adaptability, • "The single biggest reason companies fail, is that they overinvest in what is, as opposed to what might be."

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