Max Weber Bureaucracy Essay

Max Weber Bureaucracy Essay Max Weber, known as the father of organization theory, founded the bureaucratic centralization theory. Despite of the study on this issue made by others prior to him, the theory did not pronounce its existence as a systematic one until Web. This theory advocated bureaucratic organization and many people considered it is a most ideal structure with industrialization. As a traditionally organizational mode suited for industrializing society, bureaucracy could exist reasonably. But along with the development of modern society, its drawback has been exposed day by day. Research (Turner Factor, 2009) showed that the rational official system could not have an active response to the post-industrial society because of its abuses since 1970s. Consequently, most western advanced countries started the administration reform against the officialism. It is time to reform bureaucratic system and modern people nowadays pay more and more attention to explore and solve these major issues and select t he essence of new management to develop our administration. Bureaucratic management thoughts Max Weber is a famous sociologist, political economist and the founder of the bureaucratic centralization theory. Webers bureaucratic organization theory has profound influence on the entire western society and even the world since it birth (Turner, 1993). Webers bureaucratic centralization theory is one of the biggest impact theories throughout the 20th century. It can be say that webs bureaucratic centralization theory is a milestone in the history of organizational theory that it marked the classical theory become mature and perfect. However, in the period of Webers, there are apparent split between Germanys economic structure and the political and social value system that the economic structure could be easily controlled by industrial system and bureaucratic rule. In the meanwhile, culture value system and political structure is still influenced by traditional semi-feudal society values and bureaucratic conservatism. Web profoundly realize that the characteristic and defects of t his system and analyzed thoroughly about the reason of features and defects, thus he put forward the bureaucratic centralization theory (Kasler, 1989). Weber gave an extremely high praises to modern bureaucracy, he thought the emergence of modern capitalism is inseparable with the bureaucracy although entrepreneurs possess means of production. Market freedom, rational technical, predictable legal, free labor and commercial of capitalist is also the necessary condition of existence and development of capitalist. If people want to optimum use of the industrial organization of capitalism forms they must rely on the predictable judgment and management (Weber, 1978). From 1960s, along with the rapid development of bureaucratic organization, scholars of western management, social field and even political field make a great criticism and rethinking of these bureaucratic organization. Since 1980s, in the most typical bureaucracy of public management field, from Britain to the United States, from Australia to New Zealand, it launched a global reform movement called the new public manage movement. In the business world, there is a powerful sound that government or enterprises must abandon bureaucracy since the emergence of a new management mode, for example, humanized management, network organization, virtual organization and learning organization. Bureaucratic in modern management Since the 18th century, bureaucratic has achieved great success in western society that the formal rationality and technical design are fit for their society. However, in contemporary developed countries they all entered the post-industrial society and the bureaucracy emergence several different degrees of ills on in or outside adapt. Because of its own defects and the development of the change modern social environment, the organization mode of the bureaucracy is also facing a crisis and the bureaucratic organization also exist some disadvantages. First, bureaucratic organizations rigid and closed. Bureaucracy organization use hierarchy temperance type of organization form to maintain the authority of organization, use the scale and level of organization to reflect the superiority of bureaucratic organization, therefore, it leads unrestricted expansion of the organizations size (Andreski, 2010). As Weber said people will hold their position and use their deliberate to climb the peak of bureaucracy hierarchy. But at the peak it inevitably at least has a kind of not purely factors of bureaucratic system. Meanwhile, the technical and mysteriousness of bureaucratic organization make it become a closed system that separated from the social environment (Downs, 1967). So bureaucratic organization became lack of flexibility, more and more inflexible and can not adapt to the rapid development of the information society changes thus it showed overall non efficiency. Second, bureaucracy advocated impersonal, rationalized and institutionalized spirit that hampered personal growth and personal mature, in a certain extent it influence the efficiency of the unity and organizational members (Levin Sanger, 1994). The worker of bureaucracy only do things routine nature, they will lose their affection and finally become a person that has no spiritual experts and no emotion enjoyment. Individuals freedom is encroached by technological advances and organizational goals, peoples personality and passion will be depressive, the mans work has become increasingly meaningless and no humanized. Third, the inverted of purpose and means make former rationality enter the erroneous zone. Organization rule and program is mean to achieve organizations efficiency and means. But because the ego inflation of bureaucracy organization and the pursuit of their own interests make the purpose and means of bureaucracy organization inverted. Bureaucracy constantly improves its method for achieving its objectives and means increasingly become the purposes of management. Forth, from the practical perspective analysis, bureaucracy led to widespread bureaucratize and corruption problem. Personal become a part of machine and any flexible behavior is not allowed in the hierarchy principle of machine built by organization division and differentiation. This will inevitably leads to the bureaucratic disease such as egotistical socialist and red-tape, bureaucracy will be fully development but the problem of bureaucracy will be more and more serious. Especially when people analysis the theory of Max Weber and bureaucratic centralization theory people will find some problems that many bureaucrats abuse public power and abuse power for their own interests even though these theory reflect strict rationality and science technology center of socialism, so that in the world most countries suffered bureaucratize and corruption problem when they practice bureaucracy (Morgan, 2010). As that point, people can say that bureaucratic organization is the breeding the hotbe d of bureaucracy and corruption. The more influential theory the more question will come from all parties. A cosmopolitan theory must undergo repeated criticism and temper. Webers bureaucracy born with the noise of great industrial machine and it made a brilliant influence on industrial age. Bureaucratic organization appeared various problems in actual operation performance and most people put blame eye to Webers theory. Meanwhile many people thought bureaucratic organization will be ended at 1950s or 1960s (Bennis, 2009), but the life of bureaucratic organization still not over. If people can observe and study cautiously, they will find an interesting fact that those so-called alternative bureaucracy things, whether new theory or practical mode, not only abandon away bureaucracy but also perfect repair the bureaucracy. But there are some academic theories that do not direct conflict with bureaucracy corroded quietly with foundation of bureaucracy (Andreski, 2008). In a practice management, the new public management reform of government field and the management revolution of enterprise management have no fundamentally impact on bureaucracy. On the contrary, these reforms basically focus on improve performance, reduce cost and use rational method and without a reform is focus on negative the level of division, reduce rational factors and against professional skills. However, since 1960s, the new reform of bureaucracy as it is for swab machine dirt, remove the machine sundry, polishing, tighten parts and add some oil that make machine appear shining. So human b eings can say because the Webers bureaucracy, people established a research organization and unprecedented paradigm of management. Future management after Webers is actually perfect, enrich and development this bureaucracy paradigm. So far, the new organization theory although had some breakthrough bureaucracy paradigm, but is still cannot become a new paradigm to alternative Webers. Furthermore, those reform practices who try to abandon the bureaucracy have become new branches of this paradigm and those critical theories of bureaucracy are added Webers theory on advocate rationality (Wood Watermn, 1994). So bureaucracy paradigm of Webers is still dominated the whole world. Conclusion Weber introduced bureaucracy to emphasize rule, ability and knowledge, which in fact offered an efficient and rational administrative system to society. An ideal administrative organization should be based on rationality-legal rights. The more it reduced the personal, irrational and unpredictable factors, the more it developed in Webers view. Although the polity, economy and culture of modern society has changed a lot compared the Webers age, but the basic idea of his age still applies to todays organization. Certainly, bureaucratic organization is still cannot easily replace of organization in the management of government department, large social group and enterprise (Rosenbloom, 1995). However, people must be fully aware that the bureaucracy that developed on the industrial age already exist many problems and it becomes overstaffed, severe waste and low efficiency. Therefore, people must reform part of bureaucratic system, such as fully exert government officials subjective and ada ptability, decentralized governments power, pay a more attention to rationality, train rational spirit, play the advantage of bureaucracy technology, form a organization concept that respect knowledge and talent, establish a cheap and efficient government organization.

How hedge funds are structured Essay

Hedge funds are investment partnerships with the scope of investing in any kind of market securities including real estates, derivatives, currencies, commodities among many others. The funds play essential roles in decreasing the mispricing activities in the financial markets. They are considered significant in the provision of liquidity both during the calm and stressful periods. The funds add depth and scope in the capital markets and provide an important source of transferring and diversifying risks by taking risks that would have instead lingered in the balance sheets of numerous financial organizations. Various brokerages have offered hedge fund among other instruments. Firstly, the regional brokerage offers such instruments because of its potential higher return. Being a limited partnership, the hedge fund only has a little regulation, which means that different investment strategies such as financial leveraged or short positions can be used throughout their investment. They will seek to provide the exploited investment opportunities through different investment vehicles. Involved strategies include ultimate analysis of the publicly traded companies with an emphasis on the small and medium enterprises that are also involved in the conduct of business activities. The modern hedge fund structure includes an incentive-based fee based on a certain percentage of profits and a fee of assets under management. With an excellent performance of a hedge fund manager, the firm can maximize the returns and minimize market risk and thus earn high commissions in both up and down market by picking a good stock. From the history record, the energy prices usually have a high correlation with inflation. In the periods of rising inflation, the energy funds are doing better in the market. Its past performance was unusual in such a volatile and cyclical industry. Thus, it provides investors with a good diversification tool. This is also why such brokerages would like to offer energy fund. For the investors, the hedge funds bring a higher return for them. For the firm, their competitiveness is increased. The hedge funds are vital in maintaining competitive edges in capital markets. Brokerages provide essential research details that attract investors as well as financial capital that fasten economic growth. The dynamic hedge fund reports are provided to show the numbers, size, and locations of the funds. They show experiences of growth over periods of time which is measured either by the number of issued funds or rather the assets that are under the management. In addition to the above, they show the accountability and transparency by offering information associated with the financial health of the types of companies in the target for investment. Regional brokerages offer such instruments to enable investor protection from risks that are associated with hedge funds. It offers a guidelines to investors. The reports show the overvalued and undervalued equity securities. They reveal the funds with highly expected returns which one can invest in. The activist hedge fund intends to increase the benefit of the shareholder through the company ownership and the demands that are made in favor of improving the management and the business strategies.

Descriptive Writing in Literature

Literature indulges us in a different world by using descriptive writing that paints a vivid picture in our mind. Every author has a different way to accomplish that, but the main purpose is to draw the reader into the desired place and time of the literature. I will compare two poems and one story that capture the imagination by a descriptive writing. First we will take a closer look how these authors accomplished their transition of us into their world and then we will compare if those works have something in common. Grabbing the attention of a reader is not an easy thing especially that each person has a different view of the world, and one thing that can be understandable to some can be an enigma to others. In the poem â€Å"The Fish† written by Elizabeth Bishop we can see a simple act of catching a fish that is translated into a powerful descriptive poem that shows how this catch not only defined time, but is also a renewal of life after the release. When we hear a person describing a fish it is usually pretty simple: small, big, long, had large teeth, heavy etc†¦ In the poem Elizabeth Bishop uses great synonyms and metaphors (change the words) that grab our attention from the first verse:† I caught a tremendous fish and held him beside the boat half out of the water, with my hook fast in a corner of his mouth. † We can clearly imagine the fish that has just been caught still breathing being held next to the boat. Next she uses synonyms that start to describe the appearance of it: â€Å"He hung a grunting weight, battered and venerable and homely. But the great description does not end on those couple lines she goes into details about its skin and how it looks like an old wallpaper, discolored, faded, torn apart: â€Å"his brown skin hung in strips like ancient wall-paper, and its pattern of darker brown was like wall-paper: shapes like full-brown roses stained and lost through age. † Just from reading this couple lines we can see that the fish was old, because of its skin and the color of it, some fish can even grow up to a hundred and now we can see that the catch could be even older that the fisherman. The author goes into further detail about the age of the fish when he writes: â€Å"hung five old pieces of fish-line†¦ with all their five big hooks† and â€Å"Like medal with their ribbons frayed and wavering, a five-haired beard of wisdom trailing from his aching jaw. † These lines have great power of showing us that the fisherman realized that the fish had fought many battles throughout his years, and the reminders that were left in his jaw look like medals worn by soldiers after their fights. The image that we can develop thanks to this descriptive writing is bright and clear this metaphor of medals is a great way to picture the old, tired fish that has overcame many obstacles on its path (Bishop, 2007). The story that we will look at that has also caught my imagination through its playful and colorful writing is â€Å"The Bride Comes to Yellow Sky† by Stephen Crane. In this short story not only the surrounding is described to details, but characters feeling and thoughts are written in a way that we can place ourselves in their shoes. This way we can accomplish a greater similarity with characters and also show some emotion that we have never felt before â€Å"She continually twisted her head to regard her puff sleeves, very stiff, straight, and high. They embarrassed her. † In those two lines we can see that the character is not used to this king of attire and it is making her uncomfortable. Same thing probably happened to everybody in their life once, when we had to wear something that was not chosen by us, but the dress code or the occasion required it, like a bridesmaid who wears a dress that thinks it is the ugliest in the world only to please the bride. Those simple feeling transferred to paper can make the reader transfer in time and place to the action of the story. For example when Stephen Crane describes the drunken challenger and his eagerness to pick a gun fight with anybody he shows us how determined and fearless the man felt â€Å"Often he yelled, and these cries rang through a semblance of a deserted village, shrilly flying over the roofs in a volume that seemed to have no relation to the ordinary vocal strength of a man. It was if the surrounding stillness formed the arch of a tomb over him. These cries of ferocious challenge rang against walls of silence. † We can picture a man who is screaming so loudly that his voice can be heard across town almost begging to find a challenger, but his calls are unanswered and the silence of the town shows how serious this man is. Descriptive writing is a great way to narrate a story that way there is no room for misplacing the feeling that the author is trying to show us (Crane, 2007). The second poem that I have chosen is â€Å"I dwell in the Possibility† by Emily Dickinson. This poem is much different than other two literature works, because it leaves more room for our imagination to fill in the gaps. Emily tells us through her poem how much she loves poetry and how limitless it is. She compares it to a house â€Å"A fairer House than Prose-â€Å"and with this single line she burns an image of a house in our mind, but how does it look? How big is it? In that split second after reading that line we can imagine a house of our dreams without limitations. She goes on comparing windows to opportunities and endless options that can be achieved through poetry. Our house starts taking a sharper and clearer image in us, and to achieve her desired influence on us she paints an extraordinary picture in our imagination. The second stanza holds the key to the incredible descriptive writing that took us on a journey: â€Å"And for an Everlasting Roof The Gambrels of the Sky-â€Å". No house could be complete without a roof; or could it? How could we imagine a house without a roof, or could the sky be our roof? The options are limitless the metaphor is excellent and the descriptive writing although not detailed still fulfilled its purpose of invoking a vivid picture that will last in our mind forever (Dickinson, 2007). Each author used different method of descriptive writing; some left us more room to play with our imagination than others. What matters the most is that not only a colorful picture is painted in our mind, but also emotions are clearly portrayed. To indulge the reader all three authors use the power of words. In poem â€Å"The Fish† I stared and stared and victory filled up the little rented boat†¦ until everything was rainbow, rainbow, rainbow! † We can imagine the sight of a fisherman that caught a tremendous fish and is really happy, and more importantly in those few lines we can fell that joy and positive energy that illuminates this image in our head. The emotions are almost screaming through the fisherman and the renewal of life after releasing the fish can be felt in us the readers as well. Also the author accomplished sympathy toward the fish without ever mentioning fear or agerness to escape the terrible future that was meant for it. He accomplished that through descriptive writing of its appearance when he compared hooks left in his jaw to medals of soldiers which sway in the wind or when he looked into his eyes that were larger than fisherman’s. Those few moments subconsciously build sympathy in us toward the catch and also build some tension when we read from line to line in hope that it will somehow survive (Bishop, 2007). Stephen Crane also portrays great emotions in his story. This story builds up a tension that was heading towards a gunfight were the main character Jack Potter could not even live long enough to enjoy his first day of marriage. When we compare typical Western movies to â€Å"The Bride comes to Yellow Sky† we can see allot of differences. Nobody has died or even been shot and most importantly even the tough Sheriff is scared of something; people’s reaction to his marriage. The author uses descriptive writing while narrating through the train ride, saloon, and mad gun slinger on the path for blood. What might be a surprise from the first page we can see the emotions of Jack Potter which normally we did not see in Westerns where all lead characters are tough, emotionless, and invincible. The author wants to show real emotions even in a feared man like Jack that was freshly married on his way with the bride to his hometown. The emotions shown between the newlyweds are a big part of this story â€Å"A sense of mutual guilt invaded their minds and developed a finer tenderness. †(p. 484). The joy and happiness that people receive after their marriage is incredible; so many thoughts and feeling are experienced at the same time that are hard to describe and thanks to describing those feeling we become sympathetic with the couple. As we read we develop almost friendship with them and we can start envisioning the unstoppably gunfight which builds even greater emotions in us. Page after page Stephen Crane paints a clearer picture of tension in the town before the main battle erupts â€Å"Oh, there’ll be a fight fast enough, if any one wants it. Anybody can get a fight out there in the street. There’s a fight just waiting. † The description of the gunslinger shows that the man is serious and eager to kill which might be Jack Potter â€Å"His eyes, rolling, and yet keen for ambush†¦. He walked with the creeping movement of the midnight cat. As it occurred to him, he roared menacing information. † Tension reaches climax at the end where both men collide unexpectedly. This story not only transferred us in time and place to a small Western town, but also painted a clear picture of emotions that even toughest man goes through when they get married (Crane, 2007). Descriptive writing is one of the most creative ways to indulge the reader in literature’s world. Thanks to descriptive writing the authors can stimulate reader’s imagination that will leave an everlasting imprint. The proper usage of words can transfer us in time and location, and also into a different emotion that we might have never experienced. This method brings heart into any work that pumps blood which is so vital at keeping the reader interested and on the edge of their seat. We could see it clearly in story â€Å"The Bride Comes to Yellow Sky† where tension builds up with each page turned and the closer we get to the end the closer we get to a tragedy than somehow never happens. Even in poem â€Å"The Fish† emotions are building up to sympathies readers with the fish although usually we do not associate feeling with fishes. The final literature work â€Å"I Dwell in the Possibility† incorporates a different descriptive writing. It is not guided by usual details that are followed, but single lines that are just as powerful, and are left to roam our mind and take on shapes and forms that only readers can see and feel.

A Nation Of Pride .. Lifein America After The Revolutionary

A Nation of Pride Life in America after the Revolutionary war went through major transformations. The first seeds to a feeling of nationalism were planted at the end of the French-Indian war, however, the growing sense of pride and unity fluctuated at the conclusion of the American Revolutionary War. Chiefly, the Americans felt presumptuous in their ability to lead an individual nation, and they still harbored harsh feelings against the British due to their cruelty ensuing the French-Indian War. The Americans took drastic steps to ensure their independence. Namely, the first steps in visualizing the American freedom was the signing of the Declaration of Independence on July four, 1776, which was greatly inspired by Thomas Paine s†¦show more content†¦At first the Articles had to deal with three unrelated issues. First, they had to assume responsibility of covering the war debts. Next, the Articles had to see to making peace with the Indians. Finally, they had to guide the c itizens in dealing with the western settlement. The Articles seemed to be a fair form of government with equal rights and powers and no executive legislature, however, it was very weak causing a modest form of upper power to slowly be invented. To help with the war debts the confederations turned to the states to assist in funding the war debts. However, the states having their own personal debts, while establishing ,were reluctant to tax their people, feeling it would inhibit growth and sales of properties. The state of Massachusetts, however, instated a huge tax on their occupants and took great measures to enforce them. Provided that, the Massachusetts residence were infuriated and sought revenge. Massachusetts citizens decided to take actions, after a series of civil conventions to settle the tax issue ended in futility. At first, they targeted the courthouses forcing them to shut down. The military refused to get involved due to pity for the citizens. The rebels were not poor p eople they just wanted justice. One of those farmers and former army captain was Danial Shay. Daniel Shay was disparaged by the Massachusetts governor, James Bowdoin. Bowdoin was formerly a strong advocate against