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Timedistortion as a Metric for Information and Economy in Organizational Control
Linnaeus Univ, SE-35195 Vaxjo, Sweden.
Linnaeus Univ, SE-35195 Vaxjo, Sweden.ORCID iD: 0000-0003-0491-2122
2014 (English)In: Procedia - Social and Behavioral Sciences, ISSN 1877-0428, E-ISSN 1877-0428, Vol. 147, p. 70-77Article, review/survey (Refereed) Published
Abstract [en]

Organizational management systems, for control and command, have attracted a great amount of research and debate since the very origin of management, as its underlying question is: how to manage human activity systems successfully? More recently, the so-called ‘Balanced Score Card’ approach has assumed dominance in managers’ practice. While that approach has its merits, it also has some important limitations; among others it ignores time and its relation to information. To deal with some aspect of this limitation, this paper introduces a metric, (e.g. mathematical model) funded upon information theory (entropy) that is linked through a notion of time-distortion to the economic performance of an organization. In this, a goal-related time- distortion, between a management system and its operating system, is a carrier of information with economic dependence. The proposed model shows, among others, that time-distortion influences economic performance dramatically, including a lever effect, while high information entropy does not necessarily imply high economic outcome.

Place, publisher, year, edition, pages
2014. Vol. 147, p. 70-77
National Category
Business Administration Information Systems, Social aspects
Research subject
Business Studies
Identifiers
URN: urn:nbn:se:uu:diva-337940DOI: 10.1016/j.sbspro.2014.07.105ISI: 000360703000009OAI: oai:DiVA.org:uu-337940DiVA, id: diva2:1171177
Conference
3rd International Conference on Integrated Information (IC-ININFO), Location: Prague, CZECH REPUBLIC, SEP 05-09, 2013
Available from: 2018-01-05 Created: 2018-01-05 Last updated: 2018-04-04Bibliographically approved

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Haftor, Darek

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