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Upper Echelon
The upper echelons theory is a management theory published by Donald C. Hambrick and Phyllis A. Mason in 1984. It states that organizational outcomes are partially predicted by managerial background characteristics of the top level management team. History Donald C. Hambrick Donald C. Hambrick (born November 27, 1946) is Evan Pugh Professor and the Smeal Chaired Professor of Management, Smeal College of Business, at The Pennsylvania State University. He is also Bronfman Professor Emeritus, Columbia Business School, ..., a strategic management professor and P. Mason first published an article about the upper echelon perspective in 1984. The article is cited over 16,000 times and several additional articles in this field of research have been published over the last decades. Premise The theory tries to explain a correlation between the organizational outcome and managerial background characteristics. Application fields The theory is used in human resource management as a ...
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Management Theory
Management science (or managerial science) is a wide and interdisciplinary study of solving complex problems and making strategic decisions as it pertains to institutions, corporations, governments and other types of organizational entities. It is closely related to management, economics, business, engineering, management consulting, and other fields. It uses various scientific research-based principles, strategies, and analytical methods including mathematical modeling, statistics and numerical algorithms and aims to improve an organization's ability to enact rational and accurate management decisions by arriving at optimal or near optimal solutions to complex decision problems. Management science looks to help businesses achieve goals using a number of scientific methods. The field was initially an outgrowth of applied mathematics, where early challenges were problems relating to the optimization of systems which could be modeled linearly, i.e., determining the optima (max ...
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Donald C
Donald is a masculine given name derived from the Gaelic name ''Dòmhnall''.. This comes from the Proto-Celtic *''Dumno-ualos'' ("world-ruler" or "world-wielder"). The final -''d'' in ''Donald'' is partly derived from a misinterpretation of the Gaelic pronunciation by English speakers, and partly associated with the spelling of similar-sounding Germanic names, such as ''Ronald''. A short form of ''Donald'' is '' Don''. Pet forms of ''Donald'' include ''Donnie'' and ''Donny''. The feminine given name ''Donella'' is derived from ''Donald''. ''Donald'' has cognates in other Celtic languages: Modern Irish ''Dónal'' (anglicised as ''Donal'' and ''Donall'');. Scottish Gaelic ''Dòmhnall'', ''Domhnull'' and ''Dòmhnull''; Welsh '' Dyfnwal'' and Cumbric ''Dumnagual''. Although the feminine given name '' Donna'' is sometimes used as a feminine form of ''Donald'', the names are not etymologically related. Variations Kings and noblemen Domnall or Domhnall is the name of many ...
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