Corporate Despotism: Management in Anarchy or Anarchy in Management

Uzoma E. Osita-Ejikeme
Department of Management, University of Port Harcourt, Nigeria.
DOI – http://doi.org/10.37502/IJSMR.2021.4712

Abstract

This study adds to existing literature on Corporate Despotism. Specifically, it examines which of the two (Management in Anarchy or Anarchy in Management) is an outcome of Corporate Despotism. It uses the case of former Diamond Bank Plc. to elucidate the discourse. Consequences of corporate despotism leading to anarchy range from job dissatisfaction to low performance and may lead to the failure of the organisation at large. Accountability mechanisms should be introduced and reinforced for the eradication of despotic leadership at all management levels.

Keywords: Corporate Despotism, Anarchy, Management.

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