Another corker from Simon Caulkin:
‘… Why is so much that managers do a waste of time, if not worse? And why do they still persist in trying to make it work? To Answer the second question first: because we’re locked in. Precisely because we all know things don’t work, a whole ecology of improvers – consultants, IT vendors, outsourcers and peddlers of tools of all descriptions – has grown up with a promise to make it better. Everyone has a vested interest in the setup, even business schools producing the research that discredits it.
The reason that none of these things work, and never will, is that they are being put to the service of a clapped-out model. The paradox of today’s capitalism is that we’re still trying to manage it by central planning. Managers at any corporate headquarters or ministry in Whitehall would have been quite at home in the Soviet ministry of planning. They estimate what the market will be, allocate resources and schedule production to match the estimate.”