Be careful. Very careful. “Bad management theories are destroying good management practices”. That is what Sumantra Ghoshal, one of the most respected voices in the world on what management ought to be like, argued in a path breaking paper by the same name. It was published shortly after he died in 2004 and continues to hold resonance even today. You can download and read this essay from corporation2050.org.
(This story appears in the 25 May, 2012 issue of Forbes India. To visit our Archives, click here.)