Should the Prospect of More Powerful Organisations Be Welcomed or Feared?
Should the Prospect of more powerful organisations be welcomed or feared?
In this essay I am going to argue that the prospect of more powerful organizations should be both welcomed and feared .This means that these organizations are indeed necessary to our economy, yet their power and dominance needs to be restricted and controlled in perimeters so they do not become irrepressible. I will elaborate on my argument in three sections. In Section 1 , I will begin my argument by exploring the degree of power that multinational , business organisations have attained over time , also extracting from the work of Bakan (2004), Morgan(2006), as well as other references in order to reflect the dominance of organisations and their destructive power on society, thus the reasons why their authority needs to be contained in certain boundaries .In Section 2 , I will investigate the reasons why organisations are vital to the economy through the work of Knights & Roberts , Steward Clegg , Martin Kornberger & Tyrone Pitsis , along with other references to illustrate the necessity of organisational power. In section 3, I will draw upon the work of Morgan (2006) to comment on the need to maintain a balance of power and ethical standards in order to convey that these entities are both indispensable and unscrupulous and through this balance a more positive and less fearful idea of organisational dominance can be embraced. Conversely, in my conclusion I will justify that these multinational, business organisations need to maintain boundaries in which their power can be exercised in order to sustain a degree of power and retain a reputable ethical standard.
Section1: Consequence of organisational power
Corporate organisations are among the largest entities in the world to this day totalling approximately 63,000.Arguably, the responsibility of these organisations; extend well beyond the aims of maximising output and employee satisfaction. These entities have some liability to society, culture and all living things .The challenge for organisations today lies in their ability to ensure that they accept their responsibility and become more accountable for their influence over society rather than take advantage of their power and authority. Modern organisations are established according to the same principles as the simple biological formations of a million years ago , however the question “of how best to use the human resources of an organisation to satisfy a want” , has been addressed differently by managers of organisations over time (Hellriegel , Slocum , Woodman 1995) reflecting the growing organisational power and their varying methods focusing more on productivity and profits rather than employee satisfaction and moral standards therefore the need for this authority to be contained has emerged.
Organisations have been gradually increasing their power and control over