I received a free copy of this book in exchange for a fair and honest review. All opinions are my own.
Author Hunter Hastings shows readers how old school business structures are being replaced by more innovative and constructive ideas in the book “The Post-Managerial Era of Capitalism.”
The Synopsis
Traditional business management was the machinery of control for industrial organizations that had sprawled beyond the oversight of their founders, an organizational innovation that became a profession and a science. The aim was the stability and predictability the financial sector demanded. But control brought increasing costs: (1) slow response to market changes, leaving established firms behind innovative newcomers; (2) bureaucratic inertia that strangled flexibility; (3) disengaged employees who felt their creativity and agility stifled. These failures weakened firms and lowered economic productivity. In the Kuhnian framework of scientific revolutions, the management paradigm entered crisis mode. Consistent with the Kuhnian framing, businesses are moving beyond management. Self-organization and enterprise flow are revolutionizing business models. Interconnected ecosystems replace bounded industries. Experimentation and feedback replace traditional strategic planning. Dynamic, autonomous teams replace hierarchies of authority. Liberated companies embrace dynamic cohesion rather than the rigidities of business administration. They operate in a post-managerial era.
The Review
This was a powerful, straightforward and insightful read. The author does a remarkable job of covering both the history of management from the nineteenth century factories to the modern day, as well as the new integrations of various technologies into the field. The level of detail and education the author is able to incorporate into the book was astounding considering the fast pacing of the book overall. The author’s writing style took on a commanding and informed tone throughout the book, allowing readers to feel engaged in honest discussion with the author rather than talked “at”.
The heart of this book was in the direct way of approach the author took to the subject matter and the emphasis on self management. The ability to move with the changing needs of a customer based and do so without constant overhead decisions slowing down the process is a valuable bit of knowledge for companies moving forward, as is the integration of technology like digital networks. The way emphasis is placed on elements such as empathy in a company’s hierarchy was inspiring as well, putting focus on the workers making a company successful instead of the 1% at the head of it all.
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The Verdict
Memorable, thought-provoking, and enlightening, author Hunter Hasting’s “The Post Managerial Era of Capitalism” is a must-read nonfiction business book. The fast pace of the book’s core material, the use of diagrams and charts for educational purposes, and the ability to reference this book time and time again are just a few reasons why the author’s book works so well, and why the need to change perspectives on how to grow a business and manage it need to happen now. If you haven’t yet, be sure to grab your copy today!
Rating: 10/10
About the Author
Hunter Hastings is founder of The Value Creators, a business education brand that aims to bring a new perspective on value creation to the young professionals and young entrepreneurs operating the new breed of digitally enabled companies.
