Executives owe it to the organization and to their fellow workers not to tolerate nonperforming individuals in important jobs.
what's absolutely unforgivable is the financial benefit top management people get for laying off people. There is no excuse for it. No justification. This is morally and socially unforgivable, and we will pay a heavy price for it.
Managing innovation will increasingly become a challenge to management, and especially to top management, and a touchstone of its competence.
Top management as a function and as a structure was first developed by Georg Siemens (1839-1901) in Germany between 1870 and 1880, when he designed and built the Deutsche Bank and made it, within a very few years, into continental Europe's leading and most dynamic financial institution.