Management Secrets of Chairman Mao

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Years ago, I read an article in the McKinsey Quarterly about the totalitarian structure of corporate governance. Why is it, asked Rajat Gupta (this was before he became the head of McKinsey), that in a democracy like the US, our corporate institutions are so undemocratic?

The Economist reminded me of that article a few days ago when they published an article titled "Mao and the art of management."

Here are some "best practices" -

1. A powerful, mendacious slogan (in Mao's case "Serve the People"...)

2. Ruthless media manipulation

3. Sacrifice of friends and colleagues

4. Activity substituting for achievement

Who does that remind you of? Exxon Mobil? The Republican Party? Cheney & W? All of the above?

By the way, here's the answer to Rajat's question = $$$.

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This page contains a single entry by Christian Sarkar published on December 31, 2007 1:52 AM.

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