Power in Pro?t Maximizing Organizations (Classic Reprint) - Couverture souple

Rotemberg, Julio J.

9781334097041: Power in Pro?t Maximizing Organizations (Classic Reprint)

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ISBN 10 : 1334097046 ISBN 13 : 9781334097041

Editeur : Forgotten Books, 2018

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This book explores an alternative view of decision-making within organizations, arguing that the standard profit-maximizing approach is inadequate in many cases. The author shows that in situations where employees have conflicting preferences over decisions and different levels of stakes in the outcome, profit can be maximized by giving power to employees who are more valuable to the organization. The author explains that this is because such employees are more likely to remain with the organization, which reduces the need for costly staff turnover and training. While prior research suggests that power in organizations flows to those who control important resources or have expertise, the author argues that it can also flow to those who are disproportionately valuable to the organization in other ways. The book challenges the idea that decision-making in organizations is necessarily rational, arguing instead that it is often influenced by factors such as the desire for stability and the personal preferences of those in power. It also provides evidence that the distribution of power within organizations can have a significant impact on employee satisfaction and motivation.

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�diteur: Forgotten Books
Date d'�dition: 2018
Langue: anglais
ISBN 10: 1334097046
ISBN 13: 9781334097041
Reliure: Broch�
Nombre de pages: 44
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Power in Pro� t Maximizing Organizations (Classic Reprint)

Julio J. Rotemberg

Edit� par Forgotten Books, 2018

ISBN 10 : 1334097046 ISBN 13 : 9781334097041

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Vendeur : Forgotten Books, London, Royaume-Uni

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Paperback. Etat : New. Print on Demand. This book explores an alternative view of decision-making within organizations, arguing that the standard profit-maximizing approach is inadequate in many cases. The author shows that in situations where employees have conflicting preferences over decisions and different levels of stakes in the outcome, profit can be maximized by giving power to employees who are more valuable to the organization. The author explains that this is because such employees are more likely to remain with the organization, which reduces the need for costly staff turnover and training. While prior research suggests that power in organizations flows to those who control important resources or have expertise, the author argues that it can also flow to those who are disproportionately valuable to the organization in other ways. The book challenges the idea that decision-making in organizations is necessarily rational, arguing instead that it is often influenced by factors such as the desire for stability and the personal preferences of those in power. It also provides evidence that the distribution of power within organizations can have a significant impact on employee satisfaction and motivation. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. N� de r�f. du vendeur 9781334097041_0

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