AgeofHeretics

AgeofHeretics - The Age of Heretics: A story of Management...

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The Age of Heretics: A story of Management  History By Art Kleiner
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Time Line Preindustrial 4th -8th century  Benedictine monasteries  demonstrate a “self contained corporate form” 16th century  Regulated merchant companies charted  by the crown, emerge to keep traders safe from  liabilities 16th century “ Double entry bookkeeping” methods  allow debt and equity to be recorded in Venice 1840-1910  Railroads, textiles, steel and explosives  companies develop more “sophisticated forms of  tracking” using metrics
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Time Line 1880 -1930  Frederick Taylor’s “scientific management”  establishes numbers as the dominant method of  tracking productivity - time study, MTM  1920  “Divisional” corporate form emerges at Dupont  and GM and supersedes other forms of corporate  governance 1920-1930  A few corporate heretics begin to discover  the tyranny of numbers.  Numbers can lie and liars 
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AgeofHeretics - The Age of Heretics: A story of Management...

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