March 26, 2013
I think the manager-free model only works for a business that has high margins and depends more on creating hits than cutting costs. The videogame business fits that model, as do many Internet businesses. And in both cases entrepreneurs can hire from anywhere in the world.
So here’s my summary: Management only exists to compensate for its own poor hiring decisions.
Written by Weiran Zhang who lives and works in Nottingham. You should follow him on Twitter.