Hello and welcome to Business 300. My name is Philip Kulenshov and this is 300 seconds about

business. We're all a busy people, so I have five minutes or less to get my point across.

Maybe you won't agree with me here, but at least it'll be over soon.

You won't have to suffer for too long.

Not everybody agrees on everything.

Surprise.

Even those who agree in principle frequently have contradicting practices.

The business world is no different.

Whether we're talking about production lines, customer service, team morale,

or many other functions of a business, not everybody agrees. Managing and company is an area where contradictory philosophies come to a testing point. What is the best way to make a decision? What is the

right principles to operate by? Who makes what decisions and by what standard? Is top-down management

more effective or is a bottom-up style

better for everybody? Who's to say? There are companies who functionally operate at the sole

discretion of management. In some sense, this is a given. Obviously, the business operates

at the discretion of management. How else could you make an executed decision? Even if management

decides to give more reign, autonomy, and freedom to the team,

that decision still belongs to management. But there are business managers who make decisions

apart from considering the purpose and the people of their business. Because I said so,

might not be spoken every time, but it is a state of mind prevalent among some in authority.

Authority that is disconnected from purpose and people is difficult to trust because

it comes across like selfish ambition. Following a person who's pursuing himself is difficult. Because I

said so, it's not an invigorating slogan. Imagine putting that above the manager's office door or

...