What it is?
- A change in philosophy or operations implementation by a business, organisation or institution
- Often led by management on employees with little or no input from employees (Usually at the point of time, is popular with managerial circles and may fall away from favour
Common Traits for these ideas
- Leads to New Jargons for existing processes
- External consultants with these specialisations for these fads
- Certification or appraisal process performed by external agency for a fee
- Amending job titles of existing examples to include references to the fad
- Claims of a measurable business improvement via measurement of a metric e.g. KPI that is defined by the fad itself
- Internal sponsoring department or individual that gains influence due to fad's implementation
- Big Words and Complex phrases (Puffery)
Example of Management Theories, Practices and Fads
- Management by objectives
- Matrix management
- Theory Z
- One-minute management
- Management by wandering around
- Total quality management
- Business process reengineering
- Delayering
- Empowerment
- 360-degree feedback
- Re-engineering
- Teamwork
- ISO 9000
- Six Sigma[4]
- the tendency to replace every occurrence of "data" in compound managerial terminology with "information", see e.g. information integration vs. data integration
- Knowledge management [5]
- Agile software development[6]
- Hype Cycle - https://en.wikipedia.org/wiki/Hype_cycle
References
- Wikipedia - https://en.wikipedia.org/wiki/Management_fad
Business Fable/ Management Fiction
What is it?
- a motivational fable, parable or fictional story that shares a lesson or lessons
- Intended to be applied in the business world
- Aim to improve the 'organisational Culture'
- peaked in early 2000
Business Fables
- Who Moved My Cheese by Spencer Johnson
- The One Minute Manager by Ken Blanchard
- The Five Dysfunctions of a Team by Patrick Lencioni
- The Traveler's Gift by Andy Andrews
- Surviving Your Serengeti by Stefan Swanepoel
- The Goal by Eliyahu M. Goldratt
- The Paradox of Excellence by David Mosby and Michael Weissman
- The Go-Giver by Bob Burg and David John Mann
- FISH! philosophy by Stephen Lundin
References
- Wikipedia - https://en.wikipedia.org/wiki/Business_fable