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Technostructure

 
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jabailo



Joined: 20 Mar 2006
Posts: 1273
Location: Kent (East Hill), WA

PostPosted: Mon Sep 10, 2012 6:21 am    Post subject: Technostructure Reply with quote

Quote:
Technostructure is a term coined by the economist John Kenneth Galbraith in "The New Industrial State" (1967) to describe the group of technicians within an enterprise (or an administrative body) with considerable influence and control on its economy. It usually refers to managerialcapitalism where the managers and other company leading administrators, scientists, or lawyers retain more power and influence than the shareholders in the decisional and directional process.


http://en.wikipedia.org/wiki/Technostructure

The goals of the Technostructure sound oddly like those of the major startups that have recently IPO'd:

Quote:
Since the technostructure is composed of an hierarchical system of influential employees inside the enterprise, its primary goal is not to maximize their profits but rather survival, continuous growth and maximal size. While it must maintain acceptable relations with their shareholders, hegemonic growth is more beneficial to the technostructure.


This sounds an awful lot like Facebook, Groupon, ...

Although the final, if not primary, goal (I think) is that this control allows them to maximize revenues and generate large profits.
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