By Paul Osterman
Damaged Ladders: Managerial Careers within the New financial system presents the 1st accomplished view of ways the careers of managers in firms are altering. damaged Ladders stories at the employment safety, development customers, talents, and wages of managers in a variety of corporations and industries. those situations convey that one myth--that the variety of managers is declining--is flawed. however the activity tenure of center managers is extra precarious. they could not anticipate regular promotions up the ladder, nor can they anticipate life-time employment with a similar enterprise. New organizational designs call for new talents from managers and damaged Ladders describes what those are. On one other entrance, managerial pay has now not declined on the related expense as different employees. notwithstanding, the pay hole among senior and center managers has widened. Given task lack of confidence and turning out to be pay inequality organizations confront a tough issue: the best way to retain the dedication in their managers even as that the employers are lowering their dedication to their staff. damaged Ladders could be of curiosity to students and scholars within the fields of human assets, exertions economics, occupation improvement, and organizational habit. it is going to even be vital examining for managers and strategic planners who've to take account of the altering nature of employment.
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Extra resources for Broken Ladders: Managerial Careers in the New Economy
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New Organizational Technologies Greater efficiencies can be gained not simply through physical technology, such as computers, but also via new ideas and insights about how to organize people. There is good reason to believe that this is an important part of the recent story. Much of the academic and management literature from the end of World War II to the mid 1970s can be read as a defense and justification of formal and fairly lengthy managerial bureaucracies. This was the central message of Chandler's (1977) explanation of the rise of the multidivisional firm and the role of management in extending the market (the "visible hand").