July 29, 2013

TAKE THE MONEY AND RUN:

Are there too many managers? : Once upon a time there were only workers and owners, but then the age of the manager dawned (Lucy Kellaway. 7/29/13, BBC Magazine)

There are five million managers in the UK today, 10 times as many as there were 100 years ago. [...]

And yet we were able to get through the industrial revolution without having any "masters of business administration" at all. No-one thought of management then - the very word manager wasn't widely applied to business until the 20th Century.

"There's an earlier set of meanings of management, one is to do with managing the household, from the French word menager," says Chris Grey, professor of organisation studies at Royal Holloway University.

"But it also has a meaning, in popular early 19th Century culture, of dishonesty. A manager was someone who will run off with your money. 

Some things never change.

Posted by at July 29, 2013 5:16 AM
  

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