Minerva meets the market: From managerialism to critical reflexivity

Book chapter, 2017

This conclusion presents some closing thoughts of the concepts discussed in the preceding chapters of the book. The book highlights the twisted and ironic consequences of the phenomenal rise of business schools in the last three decades. It provides a panoramic overview of current conditions of academia, conditions that are intertwined with the fads and foibles of contemporary organizational life more generally. The book also explains the management profession itself via its own professional association. It also discusses that branding practices are pervasive in business schools. The book explains the term 'Audit Society' which is now pervasive in business schools and universities more generally. It also shows how a business school of some international repute passively adheres to some homogenizing exercises, even when that means that resources will be reallocated from education and research into the bureaucratic administration of the very same accreditation processes.