For organizations that are tempted to throw out the classic organizational management handbook in favor of a structure with no managers – think again. Nicolai J. Foss is a professor of strategy at Copenhagen Business School and the co-author of Why Managers Matter: The Perils of the Bossless Company. The book pushes back on the notion that the key to breakthrough success for organizations is through flat, leaderless structures akin to today’s trendy startups, and makes the case for why companies need hierarchies to function. Nicolai and Greg discuss the feasibility and realities of operating without traditional hierarchies, why these models often rely heavily on exceptional founders and are not suited for all business types, and the essential roles managers play in coordination, cooperation, and maintaining effective workflows, especially during times of crisis. *unSILOed Podcast is produced by University FM.*