74: Emergence of Middle Management - Alfred Chandler (Part 1)

Alfred Chandler’s award-winning book, "The Visible Hand: The Managerial Revolution in American Business" provides an excellent summary of the history of American commerce from the pre-industrial era to the mid-20th century, and how new technologies and a changing society led to the creation of the modern industrial enterprise. The "visible hand" refers to the transparency and prominence of this new class of manager who coordinated and controlled these growing enterprises,