Bulldozer00's Blog

In The Management Myth, Matthew Stewart rags about how, despite the proven inapplicability of FOSTMA techniques in the 21st century, “modern” management theory continuously repackages the same old wine (vinegar?) in a new bottle via the Management Fad Cycle (MFC). MBA snake oil salesmen simply use new words to cloak the same worn and tired underlying themes in order to make a buck.

The thing that makes modern management theory so painful to read isn’t usually the dearth of reliable empirical data. It’s that maddening papal infallibility. – Matthew Stewart