It is fairly well known that the field of business management can be susceptible to fads. Organizational scientists have studied the adoption of business approaches like management-by-objectives, total quality management (TQM), business process re-engineering, just-in-time manufacturing, scorecard methods, and others. Their work has led to an interesting body of literature about management innovations and organizational [...]
Archive for June, 2009
A Preponderance of the Evidence
Posted in Advocacy, Research, tagged evaluation theory, evidence, evidence based management, evidence based practice, management innovations, objectivity on June 29, 2009 | 3 Comments »
Down to Business
Posted in Advocacy, Measurement, tagged arts and culture, econometrics, economic impact, garbage in-garbage out, value on June 9, 2009 | 1 Comment »
The links between elaborate economic models and reality can be downright mysterious! In 1959 one economist described economic models this way: “Econometric theory is like an exquisitely balanced French recipe, spelling out precisely with how many turns to mix the sauce, how many carats of spice to add, and for how many milliseconds to bake [...]