The 5 Dumbest Management Concepts of All Time

Last Updated Jan 12, 2011 8:49 AM EST

It's a truism that "nothing is certain in this world except death, taxes and bad management." But why? Why does bad management remain so pervasive, even after decades of MBA courses, millions of management books, and billions spent on management training?

The root of the problem lies in five basic management concepts that became popular in the 20th century and continue to propagate stupidity. As long as the business world kowtows to these obsolete management concepts, we'll be plagued by managers who screw up.

Some of these concepts are dearly held panaceas for much of the business world. Even so, they were ill-considered and ill-conceived from the start, and should be jettisoned for the good of everybody.

Click to see the first dumb concept »

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