Book cover of Managerial Dilemmas: The Political Economy of Hierarchy

Book description

In organisation theory a schism has developed between the traditional organisational behaviour literature, based in psychology, sociology and political science, and the more analytically rigorous field of organisational economics. The former stresses the importance of managerial leadership and cooperation among employees, while the latter focuses on the engineering of incentive…

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Why read it?

1 author picked Managerial Dilemmas as one of their favorite books. Why do they recommend it?

For decades, I was unsatisfied with the definitions of “leadership” I would read. For one thing, they failed to account for why we need the term “leader” when the more humdrum “manager” would do just fine. To me, the word "leader" will always be linked to 20th-century fascism, so I'm reluctant to use the word casually. Additionally, many conventional definitions of leadership are just laundry lists of virtuous behavior we’d really like to see in anyone, not just “leaders.” 

At the same time, I was fascinated with game theory. This book brought those two strands, leadership and game theory, together.

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