Management has done a lot to create wealth and improve condtions on this wealth: not politics, economics or academics. Not banks
A former colleague in banking after heading a cement plant said that bankers are tongpats creatures, if not parasites. We make money off the backs of producers: contractors, manufacturers, farmers. They are the real heroes of the economy.
Thus to create wealth we must increase output of management. Andrew Grove book, High Output Management has been influential on my career and probably has helped propel my career and my output as a manager, entrepreneur.. Andrew Grove is the 3rd CEO of Intel. During his time Intel was the leader in semicon. Now it is a shell of its old self and is subject to merger because it is not making money. Nvidia headed by Jensen Hang is, and is trillion $company. He is reputed to have built up Silicon Valley and the mentor of Steve Jobs
Some of the lessons:
1. Nudging
2. Nudging,
3. Bottle necks
4 Matrix Management
5. One time set up- termed as coding (programming by Dan Martell
6. Communications one on one, group meetings
Management must not increase tasks but output. Output must increase
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