Critically discuss Plato's theory of the psyche and relate it with managing today

Critically discuss Plato
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Critically discuss Plato’s theory of the psyche and relate it with managing today: Executive Summary: Plato’s speculations and assertions on the nature of human psyche have withstood the test of time and are a useful aid to modern managers. Plato defined the abstract and the rational as equivalent to the moral good.


Plato understood that the human psyche is in constant exchange with the external social, cultural and political environment. The similarities between Plato’s and Freud’s conceptions of the psyche are relevant to modern business management because Freudian psychoanalysis is well entrenched in Human Resources Management practice. The continued utility of Plato’s theory of the psyche to modern managers is illustrated by its perusal in management seminars and workshops. Even the process of knowledge creation and transfer prevalent in management practice today has parallels to Plato’s ideas on knowledge. Plato’s theory of psyche remains an eminent source of wisdom and counsel to leaders in various fields today. Introduction: Plato is one of the most influential philosophers from the Hellenistic Age, whose ideas are still relevant to modern times. Business management as we know it today was not a preoccupation of Plato. For that matter, management of business enterprises under a capitalist framework is a modern phenomenon ushered in by the Industrial Revolution of late 18th century. But Plato was a polymath, who forwarded treatises on a range of subjects. Questions of what constitutes good governance under a monarch was a focus of his thought. When we look closely, there are many parallels between the structure of a kingdom and that of a business corporation. ...
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