Managerial Dilemmas: The Political Economy of Hierarchy

Gary J. Miller (Washington University, St Louis)

Managerial Dilemmas: The Political Economy of Hierarchy
Format
Paperback
Publisher
Cambridge University Press
Country
United Kingdom
Published
24 September 1993
Pages
276
ISBN
9780521457699

Managerial Dilemmas: The Political Economy of Hierarchy

Gary J. Miller (Washington University, St Louis)

In organisation theory a schism has developed between the traditional organisational behaviour literature, based in psychology, sociology and political science, and the more analytically rigorous field of organisational economics. The former stresses the importance of managerial leadership and cooperation among employees, while the latter focuses on the engineering of incentive systems that will induce efficiency and profitability, by rewarding worker self-interest. In this innovative book, Gary Miller bridges the gap between these literatures. He demonstrates that it is impossible to design an incentive system based on self-interest that will effectively discipline all subordinates and superiors and obviate or overcome the roles of political conflict, collective action, and leadership in an organisation. Applying game theory to the analysis of the roles of cooperation and political leadership in organisational hierarchies, he concludes that the organisation whose managers can inspire cooperation and the transcendence of short-term interest in its employees enjoys a competitive advantage.

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