Sometime in the midst of the last century, Chester Barnard, a retired telephone executive and author of the Functions of the Executive, imported the term "decision making" from the lexicon of public administration in to the business world. There it began to replace narrower descriptors such as "resource allocation" and "policy making". ... So Barnard -- and such later theorists as James March, Herbert Simon and Henry Mintzberg -- laid the foundation for the study of managerial decision making.
If you have taken a class in entrepreneurship recently from the top business schools of the world, chances are that many of the lessons taught were not based on sound knowledge. Worse, it is likely that some of the content was nothing but platitudes, good wishes, or simply illusions: mediocre knowledge sold at the price of gold.
From naming Michael A. Meighen as the University’s new Chancellor in January to having two students earning Rhodes Scholarships in December, 2014 was yet another eventful year for McGill. As we head into the final weeks of 2014, the Reporter looks back on the year that was, highlighting some of the key happenings over the past 12 months in words and pictures.
Now we can call a MOOC for what it is: Missed Opportunity for Online Collaboration. Otherwise known as the Massive Online Open Course, the MOOC possesses a major downside – students get flexibility and independence in their studies, and even the freedom to learn – usually for free – while wearing nothing but last week’s underwear, but usually work without the benefit of team-based collaboration.
Forty years ago, Henry Mintzberg, of McGill University, asked the simple question: “What do managers do?”
To Mintzberg managers were not just corporate CEOs but also “vice presidents, bishops, foremen, hockey coaches and prime ministers”—people with “formal authority” for some kind of “organizational unit.”
Read full article: Government Executive, January 8, 2015
When your correspondent entered the leadership field in the early nineties, not long after starting work as a middle manager, the economy was rebounding from a recession and a new buzz around leadership was emerging. Fueled by the writings of a growing cast of respected thinkers, this buzz not only re-introduced the writings of such luminaries as Peter Drucker, Mary Parker Follett and Jay Forrester, but also sought to explore the interconnection between leadership and management.
Everyone is looking to start-ups in Silicon Valley to find the next big thing in the business world, but what if the next big thing in business education isn’t coming from a start-up or even a big name school in the US, but from established institutions in Europe.
Strategic management focuses solely on the process a business goes through in creating a sustainable competitive advantage. Just as there’s usually more than one option for solving most business problems, there’s more than one school of thought for creating a strategic management plan. Some of the most commonly implemented by both large and small businesses are those identified by Henry Mintzberg, Bruce Ahlstrand and Joseph Lampel in 1998.
... Small-Business Significance