Infographic: Management Revolution

The changing world of business has also often necessitated a change of management style for many business owners.

A lot of newer businesses have eschewed the traditional hierarchical approach to management. In the process this has done away with a lot of unnecessary middle management and required that business owners be a lot more “hands-on” in their approach. This, of course, requires a completely different skill set.

The new management style fosters teamwork rather than competition, continually striving to improve processes instead of “fire-fighting” problems as they arise and making themselves more accountable to the customer rather than to other managers.

Today’s infographic provides a interesting look at the contrast between the two styles and how shared spaces can improve collaboration.

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