I've excerpted quite of bit of what's written because of his superb explanation of our witnessing a highly successful business man, now our President in action. Reading the entire article is very worth the time.

"Is President Trump Doing Management Wrong?

Source: Scott Adams Blog (Dilbert)

Posted January 31st, 2017 @ 9:24am in #Trump #management #entrepreneur 1

"It appears that Trump’s counter-persuasion for “chaos” involves framing his administration as “disruptive.” That’s a good persuasion move because it doesn’t deny the observations. A disruption looks a lot like chaos from the outside. Two movies on one screen.

The interesting question to me is this: How do we know whether President Trump is doing a good job or a bad one? What standard do we use for comparison? If you are not comparing Trump’s performance to some objective standard, you’re not saying anything at all......"

"......Let me explain another management concept that the pundits don’t understand because, generally speaking, they don’t have the right kind of education or experience to analyze a business process.

There are two basic styles of management. One is the cautious style of Fortune 500 companies. The other is the rapid-iteration and A/B testing style of entrepreneurs. Trump is bringing the latter style to the office. The markers for this style of management include:

1. Rapid and decisive hiring and firing.

2. Bias toward action.

3. Rapid A/B testing. Release the early beta version and judge reactions. Adjust accordingly.

4. Emphasis on the psychology of success. Entrepreneurial management includes lots of persuasion and bull because entrepreneurs have to fake it until they make it. In other words, they have to create demand via persuasion....."

".....A good way to tell whether a pundit or citizen understands the field of risk management well enough to critique Trump’s performance is to ask how they view his history of bankruptcies. If a person thinks those bankruptcies are a sign of poor management, they probably don’t know much about business. But if they understand the few bankruptcies – out of hundreds of projects – as part of a diversification strategy with good risk management that siloed off the losers, you might be seeing someone who understands business."

http://blog.dilbert.com/post/156628357041/is-president-trump-doing-management-wrong