Management Studies and a Changing World

by Sesh Velamoor

ABSTRACT

Management studies, standardized and relatively unchanged for a long time, are an endorsement of the power of human agency as the only determinant in bringing about desired futures, albeit restricted to the business world, or so it would seem. In reality these studies, and the implementation of the ideas based on faith in the power of human agency, have been the driving force in human affairs affecting all other domains, political, social, cultural, and legal. The justification for the entrenchment of the content of such studies and the faith in the power of human agency have been assumed to be proven by a set of metrics that are spread across all the major domains. (An examination of the underlying bases for the belief in the power of human agency is a vast subject and not included in the scope of this paper.) (continue…)

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