The world’s major financial institutions, commercial organizations and public policy bodies are peopled by scores of MBA graduates, advised by the world’s foremost consultancies, and informed by millions of research papers, books and journals on business and organizational performance.
Despite this, the global economy plunged into a crisis that nobody planned, few predicted and none of these ‘highly tuned’ organizations was able to control. How could this be? And, equally significantly, how is it that most things have gone on largely ‘as normal’ in the face of these high-level failures?
These are the questions that Ralph Stacey invites us to consider in his latest book, Complexity and Organizational Reality.
I recently reviewed the book for the March 2010 edition of AMED's e-journal, Organisations and People. Apart from the editorial, the journal is accessible only to members of AMED and to subscribers. However, a copy of my review can be downloaded here (PDF - 89kB), for personal, non-commercial use only.
More information on AMED can be found on the Association's website.