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The Role of a Manager Has to Change in 5 Key Ways

Harvard Business

For almost 100 years, management has been associated with the five basic functions outlined by management theorist Henri Fayol: planning, organizing, staffing, directing, and controlling. Yet, it has been our experience that when facing new situations, the best managers create leadership circles, or groups of peers from across the firm, to gain more perspective about problems and solutions. Companies need to learn that their successes should not distract them from innovation.

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