Vernon L. Smith (1927) American economist
Source: "Relevance of laboratory experiments to testing resource allocation theory," 1980, p. 348.
Ackoff’s (1994) The Democratic Corporation: A Radical Prescription for Recreating Corporate America and Rediscovering Success. p. 117 cited in: Stuart A. Umpleby and Eric B. Dent. (1999) "The Origins and Purposes of Several Traditions. in Systems Theory and Cybernetics". in Cybernetics and Systems: An International Journal, Vol 30. pp. 79-103.
1990s
Vernon L. Smith (1927) American economist
Source: "Relevance of laboratory experiments to testing resource allocation theory," 1980, p. 348.
Michael Jensen (1939) American economist
Michael C. Jensen and William H. Meckling. "Specific and general knowledge and organizational structure." (1992).
Herbert A. Simon (1916–2001) American political scientist, economist, sociologist, and psychologist
H.A. Simon (1986), " Rationality in psychology and economics http://www.kgt.bme.hu/targyak/msc/ng/BMEGT30MN40/data/JoBus-86-rationality-HSimon.pdf," Journal of Business, p. 210-11” <br class="br">1980s and later
Robert S. Kaplan (1940) American accounting academic
Can you figure out what you believe, as if you were an owner?
Can you act on those beliefs?
Do you act in a way that adds value to someone else: a customer, a client, a colleague, or a community? Do you take responsibility for the positive and negative impact of your actions on others?
These elements are not a function of your formal position in an organization. They are not a function of title, power, or wealth, although these factors can certainly be helpful in enabling you to act like an owner. These elements are about what you do. They are about taking ownership of your convictions, actions, and impact on others. In my experience, great organizations are made up of executives who focus specifically on these elements and work to empower their employees to think and act in this way.
Source: What You're Really Meant To Do, 2013, p. 22-23
Tjalling Koopmans (1910–1985) Dutch American economist
Source: Three Essays (1957), p. 53, as cited in: Harold Kincaid, Don Ross (2009) The Oxford Handbook of Philosophy of Economics. p. 128
John Thibaut (1917–1986) American social psychologist
Source: "A theory of procedure." 1978, p. 546
“Management manages by making decisions and by seeing that those decisions are implemented.”
Harold Geneen (1910–1997) American businessman
Managing, Chapter Four (Two Organizational Structures), p. 69.
Harold Koontz (1909–1984)
Source: "The Management Theory Jungle," 1961, p. 180