"The unanimous verdict: Thus far, the Trump administration is a textbook case of how not to run a complex organization like the executive branch.
“This is so basic, it’s covered in the introduction to the M.B.A. program that all our students take,” said Lindred Greer, an assistant professor of organizational behavior at the Stanford Graduate School of Business. By all outward indications, Mr. Trump “desperately needs to take the course,” she said.
Jeffrey Pfeffer, professor of organizational behavior at Stanford and the author of “Power: Why Some People Have It and Others Don’t,” said Mr. Trump’s executive actions as president “are so far from any responsible management approach” that they all but defy analysis.
“Of course, this isn’t new,” he told me. “His campaign also violated every prudent management principle. Everyone including our friends on Wall Street somehow believed that once he was president he’d change. I don’t understand that logic.”
Wall Street did take notice. After months of cheering the prospect of tax reform and infrastructure spending, investors sold stocks after a weekend of chaos at the nation’s airports connected to the president’s executive order on immigration. On Monday, the Dow industrials experienced the biggest one-day decline since the election, fueled by worries that a dysfunctional White House wouldn’t be able to execute Mr. Trump’s policies."