-THE CARROT AND THE STICK-

Many companies fail to perdure in time due to weak structures and foundations. There are many examples that we can name, nevertheless, for the purpose of this post, the idea is disregarded.
A business cannot be fully functional without the feeling of loyalty of its employees. Each and every one of the people that comprise that company must feel that their contribution has a direct effect upon the daily, weekly, monthly and even yearly results. They must feel that they have key funtions. However, modern companies and their management fail see that, and encourage managers fail to interact with their subordinates and do not see them as equals. Furthermore, the carrot and the stick method is still viewed as the best way to success. This not only makes the workers feel exploited to the maximum, but the workers limit their functions and do only what they are told to, do in fear of the reprisal. Imagination, contributions, ideas and criticisms to the system are simply not tolerated by those on top, when it is the workers themselves who know the core business and its weaknesses.
As long as we continue to adopt such mentality, there is little or no future at all for many companies.
-CA