A question of time: Do economists and strategic managers manage time or do they even care?

The article explores the notion of time in an economic thought. Opposite to the importance of time, it has been shown that economic thought has no clear conceptual frame of the relevance of time in its investigations. The usage of time as a context of economic processes is being discussed. Differe...

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Main Author: Sanja Pfeifer
Format: Article
Language:English
Published: University of Split, Faculty of Economics 2001-01-01
Series:Management : Journal of Contemporary Management Issues
Subjects:
Online Access:http://hrcak.srce.hr/file/272171
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author Sanja Pfeifer
author_facet Sanja Pfeifer
author_sort Sanja Pfeifer
collection DOAJ
description The article explores the notion of time in an economic thought. Opposite to the importance of time, it has been shown that economic thought has no clear conceptual frame of the relevance of time in its investigations. The usage of time as a context of economic processes is being discussed. Different approaches toward the future are presented. Management science forecasting tools are systematized and presented as a tool for controlling and perpetuating present behavior instead of creating future behavior. Management science needs to adopt a new form of the question eligible to it, as well as to adopt a new quality of the answers relevant in management science. Future development depends on the imagination and passion for creating a future behavioral pattern more than the passion for explaining and rationalizing the future as the continuity of the present behavioral pattern that management science has historically inclined to do.
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spelling doaj.art-88e27cac177e48a1aeeee3ebe0c64fea2022-12-21T18:51:38ZengUniversity of Split, Faculty of EconomicsManagement : Journal of Contemporary Management Issues1331-01941846-33632001-01-0161-289105A question of time: Do economists and strategic managers manage time or do they even care?Sanja Pfeifer0University of Osijek, Faculty of EconomicsThe article explores the notion of time in an economic thought. Opposite to the importance of time, it has been shown that economic thought has no clear conceptual frame of the relevance of time in its investigations. The usage of time as a context of economic processes is being discussed. Different approaches toward the future are presented. Management science forecasting tools are systematized and presented as a tool for controlling and perpetuating present behavior instead of creating future behavior. Management science needs to adopt a new form of the question eligible to it, as well as to adopt a new quality of the answers relevant in management science. Future development depends on the imagination and passion for creating a future behavioral pattern more than the passion for explaining and rationalizing the future as the continuity of the present behavioral pattern that management science has historically inclined to do.http://hrcak.srce.hr/file/272171the concept of timehuman behaviorforecasting
spellingShingle Sanja Pfeifer
A question of time: Do economists and strategic managers manage time or do they even care?
Management : Journal of Contemporary Management Issues
the concept of time
human behavior
forecasting
title A question of time: Do economists and strategic managers manage time or do they even care?
title_full A question of time: Do economists and strategic managers manage time or do they even care?
title_fullStr A question of time: Do economists and strategic managers manage time or do they even care?
title_full_unstemmed A question of time: Do economists and strategic managers manage time or do they even care?
title_short A question of time: Do economists and strategic managers manage time or do they even care?
title_sort question of time do economists and strategic managers manage time or do they even care
topic the concept of time
human behavior
forecasting
url http://hrcak.srce.hr/file/272171
work_keys_str_mv AT sanjapfeifer aquestionoftimedoeconomistsandstrategicmanagersmanagetimeordotheyevencare
AT sanjapfeifer questionoftimedoeconomistsandstrategicmanagersmanagetimeordotheyevencare