The Making of Modern Management British Management in Historical Perspective

by Wilson, John F.; Thomson, Andrew W.

• ISBN13: 9780199261581
• ISBN10: 019926158X
• Format: Hardcover
• Copyright: 2006-10-19
• Publisher: Oxford University Press

Summary

The authors provide an historical account of the evolution of modern management in the UK. The book draws on archival and secondary sources and addresses such issues as the particular context of management in the UK; the development of management as a profession; management and economic performance; and the spread of management education and ideas.

Author Biography

John F. Wilson is Professor of International Business, University of Central Lancashire. He is author of British Business History, 1720-1994 (Manchester University Press, 1995) and Ferranti. A History, Vol. I, Building a Family Firm, 1882-1975 (Carnegie Publishing, 2000). Andrew W. Thomson was formerly Dean of the Open University Business School. He is author of Changing Patterns of Management Development (with C.Mabey, J.Storey, C. Gray and P. Iles, Blackwell, 2001), A Portrait of Pay, 1970-1982: An Analysis of the New Earnings Survey (edited with M. Gregory, Clarendon Press, 1990).

Table of Contents

Preface	xi
List of Figures	xiv
List of Tables	xv
Abbreviations	xvi
PART I. Introduction
1. An Introduction to British Management History	3	(22)
Introduction	3	(1)
The Aims of the Book	4	(2)
The Origins of Management	6	(2)
Modern Management	8	(3)
The Evolution of Structure	11	(6)
The Managers	17	(4)
A Periodization of the Development of Modern Management in Britain	21	(2)
The Economic Background	23	(1)
Conclusions	24	(1)
2. A Theoretical and Thematic Framework	25	(26)
Introduction	25	(1)
Management in the Theory of the Firm	26	(2)
Schools of Management Thought	28	(3)
Managerial Approaches to Problems	31	(1)
Models of Organizational Growth	32	(5)
The 'Drivers' of Management Growth	37	(4)
The Themes of the Book	41	(5)
Conclusions	46	(5)
PART II. Management and Organizations
3. British Management and Organization up to the 1940's	51	(24)
Introduction	51	(1)
Industrialization and Management to the 1870's	51	(5)
The Rise of Big Business	56	(9)
Interwar Progress?	65	(4)
The Banking Sector	69	(4)
Conclusions	73	(2)
4. Comparative Management Systems up to the 1940's	75	(33)
Introduction	75	(1)
The United States: Competitive Managerial Capitalism	76	(13)
Germany: Professional Proprietorial Capitalism	89	(9)
Japan: Collective Managerial Capitalism	98	(8)
Conclusions	106	(2)
5. British Management since the 1940's	108	(29)
Introduction	108	(1)
The 1940's and 1950's: Continuing Post-war Problems	108	(9)
The 1960's and 1970's: Dimensions of Change	117	(6)
The 1980's and 1990's: Managerial Capitalism	123	(6)
Conclusions	129	(8)
PART III. Managers in Context
6. Managers—The Social and Cultural Environment	137	(19)
Introduction	137	(1)
The Role of Elites	138	(1)
Public Attitudes towards Industry	139	(3)
State Attitudes towards Industry	142	(2)
The Psychology of Industrialists	144	(3)
Management as a Career	147	(2)
The Managerial Labour Market	149	(6)
Conclusions	155	(1)
7. The Development of Managers	156	(20)
Introduction	156	(1)
The Educational Context	157	(4)
Corporate Training and Development	161	(3)
The Role of Consultants in Development	164	(2)
Development through the Professional Institutes	166	(2)
Management Education and the Rise of the Business Schools	168	(3)
The Demand for Development	171	(2)
Conclusions	173	(3)
8. Managerial Thought and Institutions	176	(21)
Introduction	176	(1)
Early Managerial Thought	176	(3)
The Interwar Management Movement	179	(4)
Towards a Body of Knowledge	183	(3)
Professional Institutes for Management	186	(1)
The Central Institute in Management	187	(3)
Other Professional Institutes	190	(3)
Conclusions	193	(4)
PART IV. Managerial Functions
9. The Practice of Management—Labour	197	(19)
Introduction	197	(2)
Early Dependence on Subcontracting	199	(2)
The Rise of Organized Labour and the Loss of Managerial Control	201	(3)
The Formalization of Bargaining in the Interwar Period	204	(3)
The Post-war Battle to Control the Shop Floor	207	(3)
The Assertion of Managerial Control: 1985–Present	210	(3)
Conclusions	213	(3)
10. The Practice of Management—Marketing	216	(18)
Introduction	216	(2)
Early British Marketing—The Heyday of Merchanting to 1870	218	(2)
1870–First World War: The Rise of Branding and Advertising in a Consumer Society	220	(4)
The Interwar Period and the Beginnings of Institutionalization	224	(3)
Post-Second World War: Towards Strategic Marketing	227	(4)
Current British Marketing	231	(1)
Conclusions	232	(2)
11. The Practice of Management—Accounting and Finance	234	(21)
Introduction	234	(1)
Accountancy and Industrialization	235	(4)
Associations, Divisions, and Roles	239	(3)
The Emergence of Financial Capitalism	242	(4)
Accountants and Business	246	(4)
Conclusions	250	(5)
PART V. Conclusions and Reflections
12. Conclusions	255	(20)
Reflections on the Frames of Reference	255	(3)
The Persistence of Personal and Proprietorial Capitalism	258	(2)
Management, Organizational Structure, and Transaction Costs	260	(2)
Social Attitudes towards Management and Industry	262	(2)
The Slow Transition towards Professional Management	264	(3)
Managerial Growth and Change	267	(2)
Reflections on Managerial Capitalism and the Future	269	(6)
Bibliography	275	(18)
Index	293