
The Idea Of Using Models To Inform Business Practice Seems Appealing, As It Suggests The Abstraction And Control Of A Large, Complex Subject By Means Of A Smaller, Easily Manipulated Mechanism. In Reality, However, Many Models Prove Inadequate When Translated Into Business Methods. Monitoring Business Performance - Models, Methods And Tools Elucidates How The Assumptions And Perceptions That Guide Performance Assessment Are Often Based On Models That Are Poor Interpretations And Descriptions Of Reality. In This Book, The Author Scrutinizes The Models Underlying A Number Of Well-known Business Methods And Tools, And Sheds Light On The Assumptions And Subjective Perceptions That Undermine Their Effectiveness. In Doing So, He Offers A Unique Criticism Of Accepting Business Models Without Questioning Their Relevance And Applicability, And Highlights The Need To Treat Models As Hypotheses, Rather Than As Certainties-- Provided By Publisher.
This book investigates the inherent limitations and frequent failures of business models when applied to real-world organizational performance assessment. Per Lind, drawing on his expertise in management theory, argues that many widely accepted business tools are built upon flawed assumptions and subjective perceptions that do not accurately reflect complex corporate realities. By challenging the tendency to treat these models as objective truths, the author proposes a framework for viewing them as testable hypotheses that require constant scrutiny and validation.
What You Will Find
Experts and business scholars recognize this text as a critical contribution to management literature that encourages a more skeptical, analytical approach to corporate performance tools. Readers frequently note the academic density of the prose, which serves as a rigorous challenge to conventional management thinking.
Page Count:
0
Publication Date:
2015-01-01
Publisher:
Routledge, Taylor & Francis Group,
ISBN-10:
0415836700
ISBN-13:
9780203694220
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