WHY MANAGEMENT HAS GOTTEN WORSE AND THE LEADERSHIP ISSUES BEHIND THAT.

This article discusses the decline in management practices and leadership issues in recent decades. It highlights the lack of management training for promoted employees, leading to dissatisfaction and high turnover rates. The influence of the investor world, which prioritizes financial accounting over human capital, is identified as a major reason for the decline. The article also explores the changing attributes of top executives and their hands-on approach to decision-making. It concludes by discussing the shift in educational backgrounds of CEOs towards fields like engineering and finance, the decline in management training programs, and the rise of tech companies as new role models for business. Additionally, the article explores the management practices and culture within tech companies and large organizations, emphasizing the importance of boards of directors guiding executives and developing talent from within. [Extracted from the article]