{"id":12679,"date":"2019-04-24T18:50:51","date_gmt":"2019-04-24T18:50:51","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=12679"},"modified":"2019-04-24T18:50:51","modified_gmt":"2019-04-24T18:50:51","slug":"the-changing-idea-of-management-and-reporting","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/the-changing-idea-of-management-and-reporting\/","title":{"rendered":"The changing idea of management and reporting"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">With millennials and their ideas of what it means to be an employee entering the workforce, many companies are finding it necessary to change their organizational structure and how they operate. This has resulted in employees becoming more independent, the role of managers being reduced and reports increasingly becoming a thing of the past. In particular, millennials have a disdain for subordination and reporting. Given that and their general ability to work in a team as well as their desire to make their environment better and their openness towards others, many companies have concluded that it is better to adapt to them rather than to try to force them to adapt to the company.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While companies like Google and Facebook have been quick to adopt new reporting and management structures, perhaps the most dramatic approach has been the company Valve. Everything is quite simple at Valve- there are no managers at all. This decision was made in order to maximize creativity, a process cannot be controlled. The company has more than 300 employees, and there is not a single manager. Gabe Newell, founder of Valve, believes that not every company can work effectively without control, reporting and managers, however, as this requires suitable people. In the right circumstances though, companies need to consider the true value of management structures and reporting as compared to what employees are really capable of producing.<\/span><\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-12679 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='Blockchain in the financial industry: hype or a real opportunity?'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/blockchain-in-the-financial-industry-hype-or-a-real-opportunity\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/12\/https_2F2Fcdn.evbuc_.com2Fimages2F306871542F975142336532F12Foriginal-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-7464\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-7464'>\n\t\t\t\tBlockchain in the financial industry: hype or a real opportunity?\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='The future of cybersecurity in banking'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/the-future-of-cybersecurity-in-banking\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/10\/the-future-of-cybersecurity-in-banking-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-11222\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-11222'>\n\t\t\t\tThe future of cybersecurity in banking\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='IBM publishes codes to encourage rapid creation of artificial intelligence projects'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/ibm-published-the-code-for-the-rapid-creation-of-projects-in-the-field-of-ai\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/01\/ibm-abyss-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-8094\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-8094'>\n\t\t\t\tIBM publishes codes to encourage rapid creation of artificial intelligence projects\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>With millennials and their ideas of what it means to be an employee entering the workforce, many companies are finding it necessary to change their organizational structure and how they operate. This has resulted in employees becoming more independent, the role of managers being reduced and reports increasingly becoming a thing of the past. In &hellip;<\/p>\n","protected":false},"author":5,"featured_media":12692,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[193,81],"class_list":["post-12679","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-fintech","tag-hr","tag-operationalefficiency","b_post_type-bfc-recommends"],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/12679","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=12679"}],"version-history":[{"count":1,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/12679\/revisions"}],"predecessor-version":[{"id":12680,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/12679\/revisions\/12680"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/12692"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=12679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=12679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=12679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}