Fiefdom type of management
Q: What does one mean when he/she says the firm has a fiefdom type of management ?
A: An organization w/ a fiefdom type of management is one that is controlled by a dominant person or group. The people get inefficient and complacent, as a result of which they lose their curiosity and innovative capabilities.
It is similar to a domain controlled by a feudal lord, and that is the original meaning of fiefdom
A: An organization w/ a fiefdom type of management is one that is controlled by a dominant person or group. The people get inefficient and complacent, as a result of which they lose their curiosity and innovative capabilities.
It is similar to a domain controlled by a feudal lord, and that is the original meaning of fiefdom
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