1University School of Management Studies, Guru Gobind Singh Indraprastha University, Sector 16 C, Dwarka, New Delhi-110078
2ICFAI Business School, IDPL Complex, Old Delhi-Gurgaon Road, Dundahera, Gurugram, Haryana, -122016
This paper evaluates some recent articles concerning the management theory. The paper stresses upon the need for reformation of management theories.
The paper is presented mainly as a viewpoint based on some recent pieces of literature and original arguments.
The paper observes that business is a part of the larger existential order and needs to play a role in helping humans meet their goals of continuous happiness and prosperity. There is need for a new business theory that contextualizes the human face of business and emerges as a humane model of business.
The paper brings together various pieces of literature from inter-disciplinary fields and puts them together in the context of management theory.
Management theory, viewpoint, existential order, continuous happiness, prosperity, humane model of business
