Abstract
AbstractThis chapter represents a novel exercise in model-building. The first part reviews conceptual dimensions of the way in which management has been viewed: management in the theory of the firm; schools into which writers on management thought can be broken down; and the ways in which managers themselves have approached problems. The second part provides a theoretical base. Initially, it reviews three models of organizational structures: Chandlerian internalization of decision-making; resource dependency-based or externalization-oriented; and a socially constructed approach. The main drivers of change are then identified. Finally, the four themes of the book are introduced: the persistence of personal and proprietorial capitalism; management, organizational structure and transaction costs; social attitudes towards industry and management; and the slow transition to professionalism.
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