Introduction To Market-Based Management
To begin with, Introduction to Market-Based Management was an excellent booklet and provided an extreme amount of information to organizations who currently follow a command-based management approach. Although, according to the market-based management booklet a market-based approach is best for organizations who want to be successful, it is by no means an easy transition. In order for a company to fully transition from command-based management to market-based management they have to undergo a tedious, yet fulfilling process. After reading how successful Koch Industries is and how they once had fewer than 700 employees, about 1,000 miles of pipeline, and operations focused on Kansas and Oklahoma twenty-five years ago has grown into a company that has an annual track record above industry average lets me know that their use of "market-based management" is the greatest move any organization can make.
The basis of the market-based management booklet is to provide readers with the......
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