THE 10 DON’TS TO MANAGER’S EFFICIENCY

Kamen Kamenov
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Kamen Kamenov: D. A. Tsenov Academy of Economics

Economics 21, 2019, issue 1 Year 2019, 3-30

Abstract: The study of human history reveals that all authorities share a common attribute (feature) – the pursuit to consolidate, preserve and reproduce their power. This principle applies to the behavior of managers, too, since they need to ensure the efficient performance of the organisations they are in charge of and survive as the heads of those organisations. When approached from a broader perspective, issues are further complicated by the intervention of the ego. Managers’ behavior is still rational and acceptable when the influence of their ego is within reasonable limits. Going beyond those limits may result in dictatorship and bureaucracy in the effort to retain their power. There are some fundamental rules which, if observed during the management process, could help managers and their teams avoid serious trouble.

JEL-codes: D91 (search for similar items in EconPapers)
Date: 2019
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