Corporations are social institutions. If they don't serve society, they have no business existing

Corporations are economic entities, to be sure, but they are also social institutions that must justify their existence by their overall contribution to society.

Corporations are social institutions. If they don't serve society, they have no business existing

Empowerment is what managers do to people. Engagement is what managers do with people.

What I have against M.B.A.s is the assumption that you come out of a two-year program probably never having been a manager - at least for full-time younger people M.B.A. programs - and assume you are ready to manage.

You can teach all sorts of things that improve the practice of management with people who are managers. What you cannot do is teach management to somebody who is not a manager, the way you cannot teach surgery to somebody whose not a surgeon.

Leadership, like swimming, cannot be learned by reading about it.