Sunday, September 22, 2019
Reading Summary of Eric Abrahamson and Gregory Fairchilds Management Fashion Essay Example for Free
Reading Summary of Eric Abrahamson and Gregory Fairchilds Management Fashion Essay Thesis While most fads in management technique are short-lived some techniques become institutionalized and evolve and are reshaped to fits current fashions. Exogenous and endogenous forces shape the demand for management- knowledge entrepreneurs to constantly reshape and redefine rational management processes. Evidence Abrahamson and Fairchilds study yielded findings that help contextualize the concept of management fashion. Lifecycles of a management techniques typically follow a short-lived, bell-shaped, symmetric popularity curve. Positive feedback on management techniques increases the discourse promoting that technique, making it more diffuse across organizations. Exogenous forces facilitate or suppress fashion niches and endogenous maintain niches. Superstitious learning suggests that managers seek to find instant-results and cure-all solutions for their management approach, motivated by emotion rather than detailed studies. Whereas real-learning constitutes careful planning and evaluation of ideas to produce an effective management technique. Limitations Abrahamson and Fairchild articulate the negative aspects of constant transience -temporal instability and cross-sectional diversity- but fail to indicate the effects these management fashions have on the institutions in which they are implemented. Do shifting management techniques stunt institution growth, do changing techniques disrupt the markets for the products of these institutions? Questions (1) What causes certain management practices to become institutionalized while others are only passing fads? (2) Are the results of superstitious-learning or real-learning more likely to be adopted? Which is more effective?