Rebuilding Companies as Communities

Rebuilding Companies as Communities by Henry Mintzberg, Harvard Business Review, July high-minded 2009 BENEATH THE CURRENT ECONOMIC CRISIS lies a nonher crisis of far greater proportions: the depreciation in companies of community peoples spirit of belonging to and caring for something larger than themselves. Decades of short-term management, in the locomote together States especially, have inflated the importance of CEOs and reduced others in the federation to fungible commodities human resources to be downsized at the drop of a share price. The result: mindless, reckless behavior that has brought the global scrimping to its knees. Government stimulus programs and the rescue of the biggest and sickest corporations will not unaccompanied resolve the problem. Companies need to reengage their people. The practice of both management and lead needs to be rethought. The subprime mortgage problem is a blatant case in point. How could it have come about in the first place, and how could it have spread to so many blue-chip financial institutions? The answers seem readily apparent. Those who promoted these mortgages were intent on campaign up sales as quickly as likely to maximize their own bonuses, the ultimate consequences be damned. And the financial institutions that bought these mortgages were not being managed.

Many of their executives adopted what has become a permeant style of leadership in America: They sat in their offices and announced the goals they wanted others to attain, instead of getting on the aim and helping improve performance. Executives didnt know what was going on, and employees didnt care what went on. What a monumental failure of management. To varying degrees, the aforementioned(prenominal) failure has occurred throughout the private and public sectors. A article of faith has grown up that leadership is somehow separate from, and skipper to, management. This view only isolates the people in leadership positions, thereby undermining a sense of community in organizations.... If you want to get a full essay, order it on our website: Orderessay

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