In the 1980s, noted management consultant Peter Drucker predicted that technological advances and new management techniques would cause the extinction of many office bureaucracies in the coming decades, as companies drastically cut managers and managerial layers. Things didn’t quite turn out as Drucker predicted: According to data from the Bureau of Labour Statistics, the number of managers and supervisors and their support staff grew by 90pc in the US between 1983 and 2014.

(Harvard Business Review)

Published in Dawn, Business & Finance weekly, July 25th, 2016