By William E. Halal
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Extra resources for The new management: democracy and enterprise are transforming organizations
Why would tough-minded executives yield control over these crucial matters? Because they can thereby lead an organization where everyone shares the responsibility for success. The Profit-Motive Destroys the Power of Social Purpose This does not mean that CEOs give up power or that corporations are balkanized into warring camps. " Saturn, Page xxvi The Body Shop, IKEA, and scores of enlightened companies develop trusting relations with dients, share power with workers, and cooperate with suppliers, while also making more profit for investors.
The glitzy marketing, brutal treatment of throw-away workers, and all the other relics of a more exuberant but thoughtless economic youth must yield to a maturity that is quieter but more powerful. Leaders must find a way to serve unmet social needs, develop information systems to sharpen our understanding, help employees organize into self-managed units, and form collaborative relationships to resolve the old conflicts between workers and managers, sellers and buyers, and all the other divisions we can no longer afford.
15. 1996 Index of Social Health (Tarrytown, NY: Fordham Grad Center, 1996). 16. William E. Halal, The Infinite Resource (Jossey-Bass, 1998). Page 1 1 Management in Transition: Bridging That Divide between the Old and the New Civilization today is poised at the brink of a great divide between an old way of life that is dying and a new way of life that is still being born. Behind lies an Industrial Age that lavished wealth on a world that was poorbut which also left a polluted planet, quarrelsome societies, and empty lives.
The new management: democracy and enterprise are transforming organizations by William E. Halal