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Extra info for Cleaning Service: Entrepreneur's Step-By-Step Startup Guide (4th Edition)
Even more importantly, Ghoshal87 argues that outdated management paradigms and academic research related to the conduct of business and management have had some very negative influences on the practice of management, and by propagating ideologically inspired amoral theories, business schools have freed their students from any sense of moral responsibility. 0, radical management, agile management, conscious capitalism, customer capitalism, stakeholder capitalism, reorganizing for resilience, the power of pull, employees first, the net promoter system, Wiki-management, Scrum, etc.
For example, the ROA for US firms has steadily fallen to almost one-quarter of 1965 levels despite improvements in labor productivity; the “topple rate” at which big companies lose their leadership positions has more than doubled, suggesting that “winners” have increasingly precarious positions; the US competitive intensity has more than doubled during the last 40 years, increasing rivalry and the pressures companies are facing; increasing customer disloyalty indicates that customers also seem to be gaining and using power, enforcing the need for companies to focus on customers rather than share price.
Adopting a “scientific model” of research based on partialization of analysis, where a phenomenon is analyzed as an isolated part, excluding consideration of human choice and intentions (leading to a denial of ethical considerations), and use of strict assumptions and deductive reasoning. The use of a scientific method in the analysis of a social phenomenon has led not only to a loss of morality but also to a loss of a common sense 6. Adopting a pessimistic “liberalism”-based ideology81 focused on solving the negative problem of restricting the social costs arising from human imperfections, and theory in the social science tends to be self-fulfilling, so managers start behaving according to the theory, leading to pathologies in management behavior 7.
Cleaning Service: Entrepreneur's Step-By-Step Startup Guide (4th Edition) by Entrepreneur Magazine