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Compared to the other sciences, it seems to me that management science, as an entire discipline, is a nearly complete failure. This is a field where startup exp
by jl2718 8y ago
Compared to the other sciences, it seems to me that management science, as an entire discipline, is a nearly complete failure. This is a field where startup experiments by complete newbies lead the conversation against a network of business schools and long-standing organizations. There seems to be no consensus whatsoever on the best way to manage people. It’s not even clear, to me at least, that modern management practices at many large corporations are provably better than some kind of naive baseline like a pure democracy or pure dictatorship. Expert texts are nothing more than pontification and hand-picked anecdotes. Does anybody really know what works?
- gabriel34 8y agoEven worse, in the same source basic concepts have multiple definitions, partially overlapping, partially contradictory. This is exactly why I believe C-level officers are grossly overpaid. Previous success does not guarantee future success, especially in different industries, hence they don't know some magic formula to make his salary * 1000 in profits for the shareholders anymore than a mid level manager does.