While reading Chapter 20 I was taken back by what Deetz was implying. The ramification of managers/CEO’s wanting control. Money is the ultimate goal and people are second. The definition of managerialism found in strategy: overt managerial moves to extend control (Griffin 2008)is , a systematic logic, set of routine practices, and ideology that values control over all other concern (p. 265). This is what has caused the financial crisis we are experiencing right now. I have a very high FICO score and I cannot get a $1300 student loan in the private sector. Griffin (2008) states, “because of stock options and “golden parachutes,” top management has benefited more than any other group from the merger mania of the last two decades (p. 265). This is so true, I mean I cannot get a small student loan and the CEO of Wamu worked only three weeks and received a golden parachute of 19 million. Alright enough venting. This really does prove that Deetz’s critical theory of communication in organizations affects everyone. Big corporations have become the dominate force in society.
2 comments:
I feel your pain! ;) It is almost appalling at what CEOs make in terms of their stock options, dividend, and golden parachutes, not to mention board seats and all the other nice benefits they receive. I work in an industry where we work closely with the CEOs of various start-ups in the Life Sciences sector, and it is just...... amazing, for lack of a better word. I feel so little in comparison to a CEO. Or anyone in top level management for that matter. It always makes you wonder what they're doing that you're not...... I've been reading several articles about this lately especially since the whole WaMu thing... it's just crazy. Wouldn't we all like to be a CEO? Well maybe not..... but the perks are definitely nice.
I agree. I think it's all a bit much. I too tried to get a student loan and didn't get approved. It sucks. You'd think that if all of these big corporations want their employees to have college degrees that they'd be willing to try and help a struggling college student or two...or three or four...oh what the heck why not 50. They surely can afford it. But it's all the big people at the top that want to take all they can get. It sucks but what are we gonna do? With the way our economy is going right now...not much, unfortunately!
Post a Comment