ABSTRACT

Originally published in 1992. The task of management has become increasingly complex in recent years. Chief executives and senior management are confronted with the task of making sense of the multiple factors affecting business systems, and identifying causal relationships in seemingly unstructured problems. In the field of management, a wide gulf exists between theory and practice. Pronouncements from theorists have become increasingly unintelligible to practitioners. Practical propositions from management consultants - often in the form of recipes derived from experience and case studies - are often based on limited hard evidence. This has given rise to many fashions in management. The danger of fashionable doctrine is that they can lead to the adoption of what may be regarded as "management mispractices", namely practices that are based on questionable beliefs and premises. The topics and problems discussed in Management Practice and Mispractice aim to provoke the reader to think about the many issues involved and to question established doctrines and beliefs. This book should be of interest to managers, management consultants and students of management.

chapter Chapter 1|14 pages

Structuring the unstructured

chapter Chapter 2|10 pages

Mission incomplete

chapter Chapter 3|14 pages

Determinants of corporate performance

chapter Chapter 4|9 pages

Board size and corporate failure

chapter Chapter 5|12 pages

OR at the top?

chapter Chapter 6|11 pages

A simple formula

chapter Chapter 7|12 pages

The bottom-liners

chapter Chapter 8|6 pages

A misleading performance measure

chapter Chapter 9|16 pages

Prominent performance ratios

chapter Chapter 10|9 pages

Use and misuse of productivity ratios

chapter Chapter 11|11 pages

A cake can be cut in many ways

chapter Chapter 12|9 pages

A transfer pricing saga

chapter Chapter 13|15 pages

Divide and rule

chapter Chapter 14|13 pages

Management performance appraisal

chapter Chapter 15|19 pages

What makes Sammy run?

chapter Chapter 16|9 pages

Don’t spit in the soup, we all have to eat

chapter Chapter 17|10 pages

The role of business schools

chapter Chapter 18|11 pages

Business policy for beginners