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Critical Management Theory(CMT) and its application as an analytical tool for resolving problems in a post-modern organisation
Finance & Accounting
Pages 8 (2008 words)
Critical Management Theory (CMT) and its application as an analytical tool for resolving problems in a post-modern organisation Table of Contents Introduction 3 Importance of Critical Management Theory in Postmodern Organisation 4 Different Approaches in Critical Management Theory 6 Marxist Theory 6 Labour Process Theory 7 Application of Critical Management Theory in Postmodern Organisation 8 Conclusion 10 Reference 10 Introduction Since last five decades, scholars and critics have been trying to develop multiple innovative and modernized approaches for managing an organisation.
Today managements develop their common goal as per the present requirements of society, environment and community. The increasing concern for corporate social responsibility and community development is one of major evidences in this respect. The Critical Management Theory (CMT) is a reasonable and effective theoretical approach for managing the postmodern organisations. These theories include a wide range of views and ideas that criticize the traditional management theories. CMT attempts to explore, recognise and relate the similar attributes of management basics and critical theories. Critical managements studies deals with the different areas of management theories. More specifically, it is the academic field for critical management theories. Sudhanshu Katyal has explained that “Critical Management Studies (CMS) challenges and offers alternatives to received wisdom about ‘management’” and it “is differentiated from mainstream research by (i) its unorthodox treatment of established topics (e.g. motivation, strategy) and/or (ii) its attention to marginalised issues (e.g. ...
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