ADMS 1010 Lecture Notes - Lecture 2: Henri Fayol, Original Intent, Decision-Making

• School: York University
• Department: Administrative Studies
• Course: ADMS 1010
• Professor: Paulette Burgher

Document Summary

But also, gov"t (public admin), not-for-profits, disasters and emergencies . Sas is effectively a business school (b-school) First collegiate business schools established around 1900s. U of chicago graduate school of business est. Reflected the rise of the modern, publicly-traded corporation. Original intent was to develop a professional degree similar to law and medicine: Manage corporations in the interest of a variety of stakeholder: The education students received was neither rigorous nor especially effective (escher, 2010) Public policy goal to have no unemployment. Carnegie & ford foundations commissioned studies of business education in the later. Very critical of b-schools students, faculty, curriculum . Resulted in a shift to a more traditional academic curriculum, with specialized, functional disciplines. Led to a greater legitimacy and power w/in universities. Rapid growth of post-secondary business programs continues to the present. Milton friedman"s view predominant: goal of business is to maximize profit. Practitioner focus: purpose is to educate business managers.