The Managerial Revolution

The Managerial Revolution refers to the shift in how organizations are run, starting in the early 20th century. Instead of business decisions being made solely by owners or entrepreneurs, trained managers and professional administrators took on key roles. This change led to more structured, efficient management practices, allowing large and complex organizations—like corporations and government agencies—to operate smoothly. It transformed the economy and society by emphasizing hierarchy, specialization, and systematic planning, enabling organizations to grow and adapt more effectively in a rapidly changing world.