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The Importance of Participative Management
Mark Gandy: Ricardo Simler's book Maverick is about participative management. He says managers have been consulting employees for centuries. But only when bosses give up decision making and let their employees govern themselves can a business jointly managed by workers and executives, he says. The book Maverick highly recommended; if you can find it, hope you enjoy it. CFO bookshelf airs on weekdays at 8 p.m. ET/PT or midnight GMT.