The use of rational systems in bounded rationality organizations: a dilemma for financial managers
Authors
Bromiley, Philip
Euske, K.J.
Subjects
Advisors
Date of Issue
1986
Date
Publisher
Language
Abstract
This article discusses some general weaknesses of rationally-based management techniques. To make the discussion more concrete, examples of the weaknesses in one management technology, MBO, are discusses with a recognition that similar weaknesses are present in other rationally-based systems. his article is intended neither to review all of the literature on the advantages and disadvantages of MBO (let alone all rationally-based techniques) nor to present the management technique which will resolve the problems of management. Rather this article looks at rationally-based techniques and seeks to address the questions, 'How can we deal with them given their sometimes obvious problems?'
We first review MBO in relation to a number of concept in the organizational literature, and then suggest some possible changes in the implementation of MBO.
Type
Article
Description
Series/Report No
Department
Administrative Sciences
Organization
Naval Postgraduate School (U.S.)
Identifiers
NPS Report Number
Sponsors
NPS Foundation
Funder
Format
10 p.
Citation
Philip Bromiley, K.J. Euske, "The use of rational systems in bounded rationality organizations: a dilemma for financial managers," Financial Accountability & Management, v. 2, no.4 (Winter 1986), pp. 311-320
Distribution Statement
Rights
This publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.