Abstract:
The concept of bounded rationality provides a premise from which one can interrogate
the development of management as an academic discipline founded on the assumptions
of a "normal" science. Our concern is with the consequences of this for the content of
management education and its addressees, namely the students (receivers), and teachers
and texts (senders) that carry and disseminate the ideas and pedagogy of management
education. We draw a distinction between a science of objects and a science of subjects,
arguing that the latter is a more appropriate frame for the discipline of management. We
introduce the idea of management knowledge based on "phrotiesis,' central to which is a
concern with power, history, and imagination. We discuss power and the politics of
organizing as a case study and conclude that if the teachers and graduates of today's
schools of business and management were to aspire to Aristotelian virtues of "phrotiesis,"
they would need to learn in an environment in which discursive plurality is accepted and
acknowledged, and where obstinate differences in domain assumptions are explicitly
tolerated. In terms of pedagogy, we need to refocus the curriculum less around answers
to apparent problems and more on questions that undercut the apparent problematics of
the answers proposed.