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Thirst for A New Management Theory


Affiliations
1 University School of Management Studies, Guru Gobind Singh Indraprastha University, Sector 16 C, Dwarka, New Delhi – 110078, India
2 ICFAI Business School, IDPL Complex, Old Delhi-Gurgaon Road, Dundahera, Gurugram, Haryana – 122016, India
     

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Purpose: This paper evaluates some recent articles concerning the management theory. The paper stresses upon the need for reformation of management theories.

Design/Methodology/Approach: The paper is presented mainly as a viewpoint based on some recent pieces of literature and original arguments.

Findings: The paper observes that business is a part of the larger existential order and needs to play a role in helping humans meet their goals of continuous happiness and prosperity. There is need for a new business theory that contextualizes the human face of business and emerges as a humane model of business.

Originality/ Value: The paper brings together various pieces of literature from inter-disciplinary fields and puts them together in the context of management theory.


Keywords

Management Theory, Viewpoint, Existential Order, Continuous Happiness, Prosperity, Humane Model of Business.
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  • Thirst for A New Management Theory

Abstract Views: 166  |  PDF Views: 0

Authors

Gagan Deep Sharma
University School of Management Studies, Guru Gobind Singh Indraprastha University, Sector 16 C, Dwarka, New Delhi – 110078, India
Mandeep Mahendru
ICFAI Business School, IDPL Complex, Old Delhi-Gurgaon Road, Dundahera, Gurugram, Haryana – 122016, India

Abstract


Purpose: This paper evaluates some recent articles concerning the management theory. The paper stresses upon the need for reformation of management theories.

Design/Methodology/Approach: The paper is presented mainly as a viewpoint based on some recent pieces of literature and original arguments.

Findings: The paper observes that business is a part of the larger existential order and needs to play a role in helping humans meet their goals of continuous happiness and prosperity. There is need for a new business theory that contextualizes the human face of business and emerges as a humane model of business.

Originality/ Value: The paper brings together various pieces of literature from inter-disciplinary fields and puts them together in the context of management theory.


Keywords


Management Theory, Viewpoint, Existential Order, Continuous Happiness, Prosperity, Humane Model of Business.

References