Management Theories And Economics

If my company is treated as a globe with the company’s departments treated as countries involved in free trade, my management style would sound like the neo-classical school of economics.

“Employees know what they are doing, so leave them alone – except when market malfunctions.”

The resemblance between management theories and economics is uncanny. Probably because both have their focus on people at the core.


You've reached the end of this article but there is more!

We're inviting you to the Towards Business Community, a place where first-time founders meet and hold interactive discussions with other entrepreneurs around the globe.

Post a comment

Your email address will not be published. Required fields are marked *