Management and Organisation

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UNIVERSITY OF TECHNOLOGY SYDNEY
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FACULTY OF BUSINESS
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Graduate School of Business
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Management & Organisations - 21800
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Student Name: Arijit Banerjee
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------------------------------------------------- Student Number: 11294636
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------------------------------------------------- Lecture Day: Monday 9 AM to 12 PM
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Lecturer: Dr. Walter Jarvis
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Tutor: Ms. Alison Lee
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UTS: BUSINESS SCHOOL OF MANAGEMENT

PART A:
The educational system in any country around the world is, by no doubt, designed to meet the ever growing hunger of Industrialization. Dubbed by Sir Ken Robinson (2010) as “the fast food model”, this educational system, albeit useful in shaping the world that we all see today, has had some significantly negative impact on the lives of some people who were forced to be a victim of this system.
It is indeed true and I agree with the fact that there are many people in this world who often forego their talents and creative abilities in order to be a part of this so called industrial model (Robinson 2010). Why does this happen? Why don’t people simply pursue a specific talent that they possess?

References: * Abrahamson, E. & Park, C. 1994, 'Concealment of negative organizational outcomes: An agency theory perspective ', Academy of Management Journal, vol. 37, no. 5, pp.1302 * Balakrishnan, A * Clegg, S., Kornberger, M. & Pitsis, T. 2011, Managing and Organizations, 3rd edn, Sage Publications, London * Dacin, M.T * Davis, J.H., Schoorman, F.D. & Donaldson, L. 1997, 'Davis, Schoorman, and Donaldson reply: The distinctiveness of agency theory and stewardship theory ', Academy of Management Review, vol. 22, no. 3, pp.611-613 * Fournier, V * Ghoshal, S. 2005, 'Bad management theories are destroying good management practices ', Academy of Management Learning & Education, Vol. 4, no. 1, pp.75–91 * Inside Job 2010, motion picture, Sony Picture Classics, California * Johnsen, D.B. 2009, 'The ethics of "commercial bribery":Integrative Social Contract theory meets Transaction Cost Economics ', Journal of Business Ethics, vol. 88, no. 1, pp. 791-803 * Kably, L * Tadajewski, M. 2011, Key concepts in critical management studies, Sage Publications, London * Williamson, O.E