In the modern corporation the decisive power, that of the managers, is derived from no one but the managers themselves controlled by nobody and nothing and responsible to no one. It is in the most literal sense unfounded, unjustified, uncontrolled and irresponsible power. -- The Future of Industrial Man (1942)
About this quote
- What does it mean?
- Managerial power in modern corporations is self‑derived, unchecked, and therefore unjustified.
- In plain terms
- Corporate managers hold power without external accountability.
- What can you take from it?
- Introduce checks to make managerial authority accountable.
Where it applies
Putting it to work
Questions to consider
- What mechanisms best balance autonomy and accountability?
- How does unchecked power affect employee morale?
Another view
Some degree of autonomy can be necessary for rapid decision‑making.
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