And there's another long list of companies like these, and amongst them are nearly all the Israeli companies that listed on the Nasdaq during the last year, whose common denominator is that they are managed by their Israeli founders. In many cases, managing these companies is the first commercial activity that these CEO-entrepreneurs have ever undertaken . To avoid generalizations, I'll say right here that the list of successful Israeli companies headed by Israeli CEOs is much longer than the list of successful Israeli companies led by American managers, and certainly longer than the list of Israeli companies coerced by their investors to recruit an American chief executive. Management is, indeed, a profession, but it is not an absolute science. Its rules don't yield to its environment, but remain rigid and detached regardless of any outside factors.
Management is a culturally-dependent function.
Management and the way it is practiced are innately tied to the cultural environment of the entity being managed. Management methods are nearly meaningless if they are detached form this culture. Cultural compatibility, at all layers, between a business and its management, is essential to the business's success. In the absence of such compatibility, either the business culture must change and adapt itself to its management, or the management must change, whether through a change of personell or approach. Of course, this process will take a significant amount of time and if the organizational culture that emerges isn't compatible with the competitive environment within which the company functions, the company is doomed.