Welcome to the first official day of class! If you haven't already, complete the Process Tasks so you can keep up to date on what's going on in the class as well as start your own blogging.
The Eisenberg et al. text was published in 2007, which means the authors likely finished writing it in 2006. I'm not sure they could have anticipated all the changes in the changing world of work, but they did identify several directions for workplace trajectories, particularly in terms of the global economy.
In Chapter 1, the authors note the problems with a market economy largely free from government regulation. Although the authors gave the International Monetary Fund (IMF) policies as an example of "an unreasonably optimistic belief in the self-regulating power of a market economy," (p. 8), the current state of the global financial system provides a current weakness with this line of thinking and action. The Federal Deposit Insurance Corporation (FDIC) lists failed banks and those needing emergency assistance dating back to 1991. The list is long for 2008 and includes IndyMac, Washington Mutual, and Downey Savings and Loan Association. Moreover, because economies world wide are interdependent, the problems have spread to Asia, Europe, the Middle East, and other places around the globe.
The authors conclude the chapter by observing that "traditional ways of doing business--and communicating--are no longer effective" (p. 24). The problems organizations are facing today suggest they haven't quite yet figured out what the news ways should be.
~ Professor Cyborg
Week 5: Blog 4
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Web Lecture: Procedural Democracy
I think the main point of this concept is that without it, you cannot have
democracy at all. A profound example of this i...
14 years ago
1 comment:
When reading this chapter 1 it made a lot of sense. I was talking with a friend I have from Denmark and the economy came up. She made a remark that the economy is better there than here. When I asked her if that was true she said not really because our economy affects there economy. The idea that since many economies are interdependant of each other a large country that is not doing well can affect many other economies. Although the current state of the economy is harsh for many people there is potential for something positive to come out of this. People will evaluate what went wrong and hopefully they will change things for the better.
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