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Management Practices and Organisational Behaviour




                      Notes



                                       Case Study    Is Management really a Profession?

                                                                                               – By: Jena McGregor
                                              octors must take the Hippocratic Oath and earn continuing education credits for
                                              years. Lawyers must pass the bar and adhere to strict codes about attorney-client
                                       Dprivileges.  But although  managers  have  long  been  known  colloquially  as
                                       “professionals,” the graduate schools many of them  attended have long drifted away
                                       from their founding charters, which wanted to create a profession of management.
                                       That’s the argument made by Rakesh Khurana, a Harvard Business School professor, in his
                                       book, From Higher Aims to Hired Hands: The Social Transformation of American Business
                                       Schools and the Unfulfilled Promise of Management as a Profession. Khurana, who made
                                       a name for himself with his 2004 book, Searching for a Corporate Savior: The Irrational
                                       Quest for Charismatic CEOs, is a star at HBS, and builds a fascinating argument for why
                                       business school education is in need of reform. For an interesting discussion between him
                                       and Yale School of Management Dean Joel M. Podolny, click here.

                                       I had the opportunity to hear Khurana speak about his book on Monday at a luncheon at
                                       the Princeton Club. Khurana defines a profession as one in which its practitioners have to
                                       master a certain body of knowledge, in which that knowledge is used to help others, and
                                       in which there’s a governance system that’s both ethical and self-policing in nature. None
                                       of those really describe management: Anyone can become a manager, whether or not they
                                       have an MBA; it’s not really done to aid a client; and there is no self-policing body making
                                       sure ethical standards are met. Khurana argues that while the founders of today’s elite
                                       business schools tried to legitimize business education by calling it a profession (no self-
                                       respecting elite institution at the time wanted to have anything to do with something so
                                       tied to making money), today, it’s become anything but.
                                       Khurana believes we’re at an “inflection point of what the role of business should be,” and
                                       as pressures build to create corporations more attuned to benefiting society, we also need
                                       to educate future managers to do the same. He suggests that business schools could have
                                       some  way of proving their  students have mastered the curriculum (a  board exam for
                                       MBAs?) and that there should be some “evergreen” aspect to the MBA (continuing education
                                       requirements, for instance). He adds that in “Rakesh’s normative world,” there might
                                       even be an equivalent of the  Hippocratic Oath  for business  students. He  even has a
                                       suggestion for the first sentence: “First, I will not lie.”
                                       Question
                                       What do you think? Should management be more of a profession?

                                    Source: Business Week

                                    1.7 Management vs. Administration

                                    There has been some controversy over the use of the terms ‘management’, ‘administration’ and
                                    ‘organisation’. At the  outset, it  may be  pointed out that organisation  is a narrower term as
                                    compared to the management process. The organisation function of management deals with the
                                    division of work among individuals, creation of structure of relationship in terms of authority
                                    and responsibility and laying down the channels of communication.






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