The idea involves slashing the corporate bureaucracy, giving employees more control, and, hopefully, as a result, allowing the company to innovate efficiently.
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"We hire highly educated, trained people, and then we put them in these environments with rules and procedures and eight layers of hierarchy," Anderson said in an interview with Business Insider earlier this year.
In a traditional corporate setting, the organizational chart flows upward: Lower-level employees have managers, those managers have managers, and so on until the top of the chain.
In comes a key part of Anderson's proposal: Cut a big chunk of the middle managers and let employees choose the projects they want to pursue.
Persons:
—, Alka, Seltzer, Claritin, Bill Anderson, Anderson, It's, That's, Bayer, Nicholas Bloom, Bloom, — Bloom
Organizations:
Service, Bayer, Business, Street Journal, Monsanto, Stanford University, American Economic
Locations:
New Jersey