Part OneRedefining the Foundationof Management

Like the foundation of a building, the foundation of management must support the entire structure by anchoring it securely to its environment. These three chapters of Part One redefine the conceptual foundation of modern management to anchor today’s institutions in the Information Age.

Chapter 2 refutes the age-old universal assumption that organizations must be controlled by “superiors” from the top down. This hierarchical foundation was good for the simple conditions of the Industrial Age, but a new foundation based on enterprise is emerging to contain the turbulence of an Information Age. Modern organizations master complexity by having entreprenuerial units manage themselves from the bottom up—“internal ...

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