Should We Kill Management?

Should we bring the corporate management hierarchy to its knees? Knee jerk lefties, Hollywood degenerates and man boobed senators always talk about it. Why don't we?

Constructively...

Nobel Prize winner Ronald Coase wrote of the benefits of the corporation in his seminal work "The Nature of the Firm". Nowadays, many would disagree and suggest new avenues.

We have some "utopians", like Dan Tapscott and Anthony Williams (authors of "Wikinomics") predicting the rise of "mass colaboration". The socialist lunacy which decries corporate management as Satan's incarnate.

There is reason for criticism, however. Looking at our overall economic malaise... the inefficiency, inertness and plain unwillingness of large corporate management teams to assert themselves on issues...has become a huge problem. Sleeping in the same bed as big government, much of today's corporate management cares more about PR than profitability and growth.

Ronald Coase:

It is simply too complicated and too costly to search for and find the right worker at the right moment for any given task, or to search for supplies, or to renegotiate prices, police performance and protect trade secrets in an open marketplace. The corporation might not be as good at allocating labor and capital as the marketplace; it made up for those weaknesses by reducing transaction costs.

These words were written in 1937. Much of their value still holds, but much of it is dated. It seems that a shift to a boutique style managerial structure is not something that can be avoided. Google does it on a large scale and Wall Street has seen more of its top talent going boutique...

I found a great example of terrible management which may do a better job of telling the story than the populist crap served to us in steaming bowls on a daily basis. Here they are boys: the financial statements Major League Baseball wants kept on the DL .

Just look at those numbers...telling...ain't it?

It seems that many of MLB's worst teams are pimping the revenue sharing scheme and PURPOSELY putting out a shitty product every year. Great news for the people of Kansas City and Pittsburgh no doubt. Tampa Bay's recent success notwithstanding, the obvious cost benefits of losing say a lot about the pathetic approach many corporate managers take to the sport of business. It also says a lot about our society and the feelings of entitlement which have become pervasive.

The large corporation gave America a new level of greatness and power, but it is time to rethink how corporate management operates.

After all, with rumors of 100 year bond issues and the aforementioned corporate welfare-ism...some of our LLCs are acting a lot more like...municipalities.