Resumen de Why managers still matter

Nicolai J. Foss, Peter G. Klein

• We live in a knowledge-based, rapidly changing, networked world. A supposed hallmark of the new economy has been the decline of managerial authority. Modern organizations such as online retailer Zappos have come to favor flat hierarchies with widely distributed authority. We call such businesses wikified companies, using the wiki- prefix to denote the loosely structured, bottom-up, egalitarian structure popularized by the Wikipedia encyclopedia project and touted by management thinkers and consultants. Wikifying the modern business has become a call to arms for some management scholars and pundits. As Tim Kastelle, a leading scholar on innovation management at the University of Queensland Business School in Australia, wrote: Its time to start reimagining management. Making everyone a chief is a good place to start. Companies, some of which operate in very traditional market sectors, have been crowing for years about their systems for managing without managers and how market forces and well-designed incentives can help decentralize management and motivate employees to take the initiative