Please enable JavaScript.
Coggle requires JavaScript to display documents.
Week 1 (LO1INFLUENCE OF CAPITALISM ON MANAGEMENT (SELF INTEREST (ECONOMIC…
Week 1
LO1INFLUENCE OF CAPITALISM ON MANAGEMENT
WAGE LABOUR
SPECIALISATION
PRIVATISATION
CONSPICUOUS CONSUMPTION
SHORT TERM INNOVATION
LONG TERM CONSEQUENCES IGNORED
SELF INTEREST
ECONOMIC GROWTH
KNOWLEDGE PROGRESSION
FREEDOM AND EFFICENCY
CAPITALISM
GREED
SUPERFICIALITY
HEDONISM
LO4: DEMROCRACY AND MANAGERS
Decision makers are elected
needs critical thinking and reasoning to be succsesfull
LO5: Making Sense of
Management
Popular Belief
Critical Resource
Meet Social Needs
Leaders
science & technical practice
Critical perspective
Decision making not rational
imperfect information
human capabilities
biases
deadlines
Social not technical
Management & managers
managers
engage in management
management
social practice
many different functions and purposes
LO3: Critical theory
Critical theory is the ability to analyse different varieties of information
ensure that information is free from bias
individuals should not be influenced wrongly as a consequence of a hidden agenda
to challenge existing norms, particularly when they are oppressive
individualism (the centre of capitalism)
implies that individual achievement is linked to talent
CT challenges this and claims that while pure talent can be a factor of ones achievement, there are many other factors that play a part in such achievement.
factors may include: family background, access to education etc.
CT and Management Practice
managers attempt to distance themselves from employees
to make harder managerial decision like redundancies easier
make it easier to treat employees as "replaceable cogs in a large wheel of production"
may lead to lower staff moral
CT point of view
management promote and reward certain values and behaviours
frustrating and punishing other competing agendas
effective management is evaluated on...
contribution to social justice
greater autonomyy
responsibility
democracy
ecologically sustainable development