Running a company is a permanent juggling act

teem with guides that promise to teach executives the secrets of success. Read this tome, follow this philosophy, change your habits and you, too, can be a management titan. As a moment’s reflection on business history demonstrates, there is no sure-fire route to glory. Instead, running a company is a permanent exercise in juggling trade-offs. .

The fashion for upscaling means that companies are encouraged to get their product to market as quickly as possible. The theory is that customers get a rough-and-ready prototype at the start, which is improved over time. This may work for smartphone apps, which are easy to update, but not for most other products, where a reputation for shoddiness may be impossible to shake off.

Another trade-off is between centralisation and delegation. Early Victorian businesses resembled the army: generals handing down instructions to non-commissioned officers who in turn directed the foot soldiers . This hierarchical structure was devised for a world in which employees were required to follow a clear set of instructions.

In the past 20 years or so management layers have been stripped away. A flat structure, with delegated decision-making, seemed more appropriate for a service-based economy. The idea of “agile” management, in which workers are frequently reassigned to multidisciplinary teams, is all the rage.

It's the best of both worlds to know when to commit and when to be flexible

Good characteristics for a parent too..jist my 2 cents...carry on.

Good decisions are good then. Thanks Who would have guessed?

Perfectly.

If Bartleby thinks the purchase of Nest was unrelated to Google’s core business, I suggest you read The Age of Surveillance Capitalism by shoshanazuboff

So is running a country. Unless, of course, YOU DON'T CARE.

And if a juggling company is running it's a permanent act

Fuck that

I’m gonna need the Krazy ex’s to juggle oranges with their hands behind their backs before this is over

…and fire your dead weight 😆😉

Being flexible and absorbant yo situational analysis and decision making accordingly is crucial

What about this judgement ? Sant Shri Asaram Bapu Ji always supported the judiciary in the legal process of this Fake Case.. but in result.. he got life time imprisonment without any proof.😪 31August_BlackDay

Very true.... If only more managers would read this (and actually take it to heart). Then again, good judgement isn't something that can necessarily be learned or taught (at least to everyone). Some people are perhaps too stuck in their ways.

It is and that is why it is so much fun.

👍

yeah exploiting wage laborers & keeping the profits for themselves, harrowing *moment of silence*

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