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A lot of focus on employee performance, but relatively little on management performance. I always wonder how a once great company can slowly decline into irrelevance. Take yahoo for example, it could only be due to management failure over several decades right? How can companies optimize for management performance?

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bornfreddy 3 days ago | parent [-]

Firing 10% each year would be a great start in many companies. ;)

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fargle 2 days ago | parent [-]

firing the right 10% each year would be great, but that's the problem.

can you expect the management correctly identify the right people to fire, especially when they are themselves heavily over-represented in that class?

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seiferteric 2 days ago | parent [-]

Maybe employees get a vote on who to fire.

	▲	fargle 2 days ago \| parent [-]
		well, that's simply not how any business works, even in the most extreme naively theoretical socialistic case. why would a company do that? - employees don't (generally) own the company. even for some reason they were forced to, in practice, a cadre of employees (most likely the ones you'd want to fire in the first place), would instantly form some new ad-hoc political layer to exercise political power and control the organization, voting, etc. so you just end up with a layer of useless management and a independent layer of useless politicians, neither of which are willing to fire themselves.