Comment: Management Technology in Perspective

Abstract

Management Decision was originally founded to publish the latest developments in all areas of management science and practice, for the benefit of serious professional managers and students of management. Even in my introduction to the first issue in Spring 1967, however, I noted and warned against a potentially dangerous tendency for managers—and especially contributors to and readers of Management Decision—to confuse the ends of management with the means of management. I felt then that there was some danger that professional managers could become so beguiled with some of the fascinating new techniques of management that they would lose sight of the basic results that these techniques are supposed to achieve—namely, improved profitability for their companies as expressed in such down‐to‐earth ratios and measures as return on capital employed, and (in the case of public companies) earnings per share and the market value of their companies' shares.

Citation

Parker, H. (1970), "Comment: Management Technology in Perspective", Management Decision, Vol. 4 No. 3, pp. 4-5. https://doi.org/10.1108/eb000933