Managers will have to become entrepreneurs, will have to learn to build and manage innovative organizations.”
After the management boom in about 1970, the need arose for new knowledge, greater productivity, and better management to address new challenges. The old ways of doing things like decentralizing business, containing people, and optimizing processes and products were no longer sufficient for results.
For results, managers needed to become entrepreneurs (31), workers needed to understand how they perform and plan accordingly for results (33), and societies needed to make their traditions and institutions productive (34).
(Management, chapter 3)