Business&school blather can’t beat real&world CEO know&how

MANAGEMENT THEORY is in a dismal state. The theory that dominated business thinking from the late 1970s onwards — call it neo-liberalism for short — lies in ruins thanks to Enron and the global financial crisis. But the the-ory that replaced it — stakeholder capitalism for short — is proving no better. Stakeholder capitalism depends […]

Business&school blather can’t beat real&world CEO know&how
MANAGEMENT THEORY is in a dismal state. The theory that dominated business thinking from the late 1970s onwards — call it neo-liberalism for short — lies in ruins thanks to Enron and the global financial crisis. But the the-ory that replaced it — stakeholder capitalism for short — is proving no better. Stakeholder capitalism depends […]