The End Of Management?
TIME.com: The End Of Management? -- Jul. 12, 2004 http://www.time.com/time/insidebiz/article/0,9171,1101040712-660965,00.html /
Re: The End Of Management?
I love it! Total Information Awareness meets ParEcon. Robin Hanson, may I introduce you to Robin Hahnel... Charles Brown wrote, TIME.com: The End Of Management? -- Jul. 12, 2004 http://www.time.com/time/insidebiz/article/0,9171,1101040712-660965,00.html Tom Walker 604 255 4812
Re: The End Of Management?
this is such crap. Note that the closer than the official forecast 75% of the time number shows up twice in different contexts. Note also that you would do better than the official forecast 50% of the time by simply flipping a coin, so 75% seems a pretty low bar (if your playing a coin flipping game, heads versus tails, the side that's ahead after three flips will be the eventual winner 75% of the time). And finally note that problems like forecasting chip sales would have to be judged against a very complicated and asymmetric loss function; underestimates are much less harmful than overestimates. Hanson put out a press release last year saying that the revised Policy Analysis Market would be up and trading by March 2004. I emailed him offering to bet $500 that it wouldn't, but I never got a reply. dd -Original Message- From: PEN-L list [mailto:[EMAIL PROTECTED] Behalf Of Tom Walker Sent: 14 July 2004 23:43 To: [EMAIL PROTECTED] Subject: Re: The End Of Management? I love it! Total Information Awareness meets ParEcon. Robin Hanson, may I introduce you to Robin Hahnel... Charles Brown wrote, TIME.com: The End Of Management? -- Jul. 12, 2004 http://www.time.com/time/insidebiz/article/0,9171,1101040712-660965,00.html Tom Walker 604 255 4812
Re: The End Of Management?
In a message dated 7/14/2004 2:21:54 PM Central Standard Time, [EMAIL PROTECTED] writes: TIME.com: The End Of Management? -- Jul. 12, 2004 http://www.time.com/time/insidebiz/article/0,9171,1101040712-660965,00.html The article states: The end of management just might look something like this. You show up for work, boot up your computer and log onto your company's Intranet to make a few trades before getting down to work. You see how your stocks did the day before and then execute a few new orders. You think your company should step up production next month, and you trade on that thought. Comment Industrial management and the industrial bureaucracy that permeates society is undergoing revolution as we pass deeper into the post industrial era. Industrial management and the industrial bureaucracy are not two separate categories of the economy or forms of organization of the industrial infrastructure and superstructure but interpenetrate one another. The above writer conceives the revolution in the technological regime and its material impact on who people are organized to utilize the material power of production from the standpoint of the interaction of the individual with financial - capital, markets. The layers of Industrial management and the industrial bureaucracy . . . which were once graphically illustrated by the General Motors building in Detroit (with its famous 14 floors of industrial management) and the management style of Alfred Sloan has gone the way of all flesh. Managing the flow of labor and resources through financial markets is a vision limited to the bourgeois property relations in my opinion. Tracking the moment of labor and resources through the prism of gambling in the market for financial reward is the vision of the bourgeoisie for post industrial society. This gambling in the financial market is not a thing in itself . . . non is compensation for excellence a bad word. Rather the larger question is who the new technology, labor and resources are to be deployed and on whose behalf as a property relations. Management as administration has no end . . . in human history . . . but management as administration is profoundly riveted to a distinct stage of development of the productivity forces . . . the system of communications and distributionand the property relations within. Here is what is missing. Yes, . . . the management system is undergoing revolutionary change and this changes expresses revolution in the mode of production on which sits the previous and pre existing management system. The previous and preexisting management system is part of the industrial mode of production . . . which seems not to be understood. I have some practical experience with this . . . Especially when the auto industry in American attempted to assimilate the advance production and management system of Japan . . . the Just In Time system and its corresponding management structure. This is not an abstract question but has profound theory implications that cannot be answered on the basis of ideology and democratic proclamations and protestations. Melvin P.
Re: The End Of Management?
Daniel Davies wrote, Hanson put out a press release last year saying that the revised Policy Analysis Market would be up and trading by March 2004. I emailed him offering to bet $500 that it wouldn't, but I never got a reply. However, had he accepted your wager, Daniel, he would have paid up: http://www.mail-archive.com/[EMAIL PROTECTED]/msg07948.html Tom Walker 604 255 4812
