The paper "The Geniuses of Modern Business" is a great example of a Management Case Study. Many years have passed with the sweeping publication of the main management theorists coming alive and their application in the real world being experienced in the respective fields. In many ways, the theorists laid a strong foundation for Management Theory applicable in organizations as they exist today. Their influence on practitioners and theoreticians has been immense in the modern world, and they are valued highly in the management field. This paper is a critical review of three main management theorists including Chester Barnard, Andrew Carnegie and Mary Parker Follett.
The paper outlines the Biography of the theorist, main theories as they were passed by the respective theorists, their usefulness, and the application of the same theories in today’ s organizations. The main direction of this article is kindling the interest of the reader by making a presentation of the main ideas, which are central to the three theorists' arguments and establishing the relevance of these ideas for today’ s managers. The paper purposes to link the ides to more recent views on leadership within organizations.
It will also be making attempts of convincing the reader that the theorists’ ideas even have led to the development of numerous schools of thought; in the management and leadership field, they need further study. Biography of Chester Barnard Chester Barnard (1886– 1961) commonly referred to as Irving Barnard was a telecommunications executive. He is famed for being an author of the book “ Functions of the Executive” , which happens to be one of the best management books of the 20th century (Gabor, 2000).
In this book, Barnard makes a clear presentation of the theory of organization and outlines the functions of executives within given organizations (Williamson, 1995). In his younger age, Barnard used to work on a farm. It was during this period that he studied economics at Harvard University (Joseph, 2002). His main source of income at his early age was earned in tuning pianos, and he also operated a dance band. However, he experienced a challenge in his studies as Harvard denied him a BA (Scott, 1992). The denial was based purely on a technicality, but he was lucky that there were several other universities that offered to grant him honorary doctorates (Gabor, 2000). In his later years, Irving joined the American Telegraph Company which was also involved in Telephone (now named AT& T).
This was early in 1909 and later in 1927; Barnard was elected president of a Telephone Company by the name New Jersey Bell. In the period when the world was experiencing the Great Depression, Barnard was famed to have successfully directed a relief system within the New Jersey state (Williamson, 1995).
Later on, Irvin was elected and served as the United Service Organizations (USO) president which was in the period between 1942 and 1945 (Scott, 1992). Upon his retirement from business, Barnard served in the Rockefeller Foundation in the period 1948-52 where he also took the role of the president. He also happened to be the National Science Foundation chairman in the period 1952-54. Later on, in the 1950s, Barnard was listed among the first Society for General System’ s members in conducting Research (Joseph, 2002).
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