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Corporations are economic entities, to be sure, but they are also social institutions that must justify their existence by their overall contribution to society.

Henry Mintzberg

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Henry Mintzberg
Age: 85
Born: 1939
Born: September 2
Author
Economist
Sociologist
University Teacher
Writer
Montreal
Quebec
Society
Entity
Social
Justify
Also
Contribution
Must
Corporations
Institutions
Economic
Existence
Entities
Sure
Overall

More quotes by Henry Mintzberg

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What we call a financial crisis is really at its core a crisis of management, and not just a crisis of management, but a crisis of management culture. ...In other words, what you had is a detachment of people who know the business from people who are running the business.
Henry Mintzberg
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Corporations are social institutions. If they don't serve society, they have no business existing
Henry Mintzberg
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Organizations should be built and managers should be functioning so people can be naturally empowered. If someone's doing their job, if someone's working in one of your warehouses, say, they should know their job better than anybody. They don't need to be 'empowered,' but encouraged and left alone to be able to do what they know best.
Henry Mintzberg
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Why does every generation have to think that he lives in the period with the greatest turbulence?
Henry Mintzberg
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Leadership, like swimming, cannot be learned by reading about it.
Henry Mintzberg
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If you ask managers what they do, they will most likely tell you that they plan, organise, co-ordinate and control. Then watch what they do. Don't be surprised if you can't relate what you see to those four words.
Henry Mintzberg
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We're all flawed, but basically, effective managers are people whose flaws are not fatal under the circumstances. Maybe the best managers are simply ordinary, healthy people who aren't too screwed up.
Henry Mintzberg
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Anecdotal data is not incidental to theory development at all, but an essential part of it.
Henry Mintzberg
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While hard data may inform the intellect, it is largely soft data that generates wisdom.
Henry Mintzberg
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Strategy making needs to function beyond the boxes to encourage the informal learning that produces new perspectives and new combinations... Once managers understand this, they can avoid other costly misadventures caused by applying formal techniques, without judgement and intuition, to problem solving.
Henry Mintzberg
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Companies are communities. Theres a spirit of working together. Communities are not a place where a few people allow themselves to be singled out as solely responsible for success.
Henry Mintzberg
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Never set out to be the best. It's too low a standard. Set out to be good. Do Your best.
Henry Mintzberg
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So technologies, whether it is a telephone or an iPhone, computers in general or automobiles, television even, all individualize us. We all sit in front of our iPhones and communicating but are we really communicating?
Henry Mintzberg
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Strategic planning is not strategic thinking. Indeed, strategic planning often spoils strategic thinking, causing managers to confuse real vision with the manipulation of numbers.
Henry Mintzberg
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If the private sectors are about markets and the public sectors are about governments, then the plural sector is about communities.
Henry Mintzberg
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Management is a curious phenomenon. It is generously paid, enormously influential, and significantly devoid of common sense
Henry Mintzberg
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Strategy is not the consequence of planning, but the opposite: its starting point.
Henry Mintzberg
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Learning is not doing it is reflecting on doing.
Henry Mintzberg
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Everyone is against micro managing but macro managing means you're working at the big picture but don't know the details.
Henry Mintzberg
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My feeling about executive bonuses is that any candidate for a chief executive job who even raises the issue of bonuses should be dismissed out of hand.
Henry Mintzberg