The managerial revolution,the institutional infrastructure,and the problem of human capital

InScale and Scope, A.D. Chandler explores the role of management in shaping growth and competitiveness in industrialising nations. Chandler views managers as reacting to technological and economic change rather than initiating it, giving little attention to the extent to which growth of modern management and corporate capacities were tied to the emergence of parallel structures in government and society, and the important national differences in the role of public and private sectors in the process. His failure to offer a broad and encompassing paradigm of organisational growth and change produces a celebration of ‘American exceptionalism’ and corporate bigness rather than a genuinely comparative analysis.