Diversity in Paradigms and Culture

In the chapter “Changing Contours of Organizations and Org Theory” of Organizations and Organizing Scott and Davis discuss the changes that are developing in the area of organization theory.  Two examples of change in the field caught my attention and reminded me of a concept from a previous chapter, “From Unitary to Multiparadigm” and “From Monocultural to Multicultural Studies.”  These two areas of change are similar in that they both deal with the evolution of knowledge in a certain area via diversity whether it’s in theories and ideas or international professional literature on the topic of organizational literature.  Diversity is gaining support as more academics and theorists become aware that “sometimes faulty assumptions and blind spots that we inherit from our predecessors” (Scott and Davis, p369).  The two topics’ push for diversity immediately recalled postmodernism and its suggestion of diversity over control and suppression of non-dominant cultures in an organization.  This similarity between postmodernism and the two topics from chapter 14 shows that the field of organizational theory is finally catching up with the vastly diverse cultures that make up modern multinational companies.

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The Downfall of the NHL? Hopefully Not!

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I grew up playing hockey, went to a high school that revolved around hockey and had two sheets of ice on campus, and I continue to play hockey to this day.  It wasn’t until I came to college that I realized that hockey wasn’t a popular as I had always thought.  With a more open perspective on the NHL and hockey in general I see the reality of the situation and the flaws and mistake that the NHL has made that’s led to the weakening of the league itself. Continue reading

Deregulation and New Financial Legislation Set the Stage for the Financial Crisis

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For my previous two posts, I focused on the financial reform and regulatory legislation and securitization’s impact in the Enron crisis.  Doing research for both of these posts introduced me to the controversial topic of financial regulation and deregulation.  For my final paper I’m focusing on the financial regulation and deregulation that influenced behavior and was responsible for the financial crisis that’s led us into the Great Recession.  There are many questions that need to be addressed for this topic.  Why and who desired the new regulations and the deregulation of the financial markets in the US?  How was this legislation needed or not needed?  What were the pros and cons of some of the pieces of legislation?  Where did the regulatory system fail and why?  Researching these questions will paint a clearer picture of what set the ground work for the financial crisis. Continue reading

How to Reform? The Big Question

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In wake of the financial crisis the public is demanding more regulation on the banks and other financial institutions that have put the country’s economy where it is.  These regulations range from total transparency with derivatives, breaking up of the “Too Big To Fails” (TBTF), and other restrictions on financial institutions.  Anyone can easily see that this is a complex topic, now throw politics into the mix.  On the Baseline Scenario many author and financial reform bloggers have discussed this topic and its issues. Continue reading

Enron Tarnishes the Practice of Securitization

One of Enron’s greatest tools for making money and hiding and removing risk from their Annual Report was securitization (sort of).  The Enron crisis and bankruptcy brought to light many things about securitization, some good and some bad.  It was a wake up call to politicians, businesses, and scholars that securitization though beneficial has huge dangers.  This realization had some effects. Continue reading

Dot Thompson’s My Hero

Through my 4 years at Bucknell many of my classes have had class tutorials on how to use the cast amount of resources offered by the Bucknell Library.  So I was able to do a little research on my own before meeting with Dot Thompson in order to get myself reacquainted with the databases the school has access to.  I was able to find a few sources, but nothing that stood out. Continue reading

Enron’s Words “Loosely” Linked to Their Actions

When most people imagine the structure a successful company their first thought most likely is the CEO, then the other chief officers of the company, the rest of the upper management, and then hierarchy that divides the company into subunits (divisions and departments).   Some people would expect there to be links between all the divisions of the company and be organized in a rigid and simple structure.  Though some businesses are structured this way not all are.  Enron was neither, one of those companies nor successful in any legal sense. Continue reading