This past Monday, Iceland’s coalition government collapsed amid public outcry of the government’s failure to effectively bail out their broken financial system. Simply put, Iceland did not have deep enough pockets like the US did to provide some sort of recovery program for its banks and other financial institutions. Although those are some of the [...]
Filed under: Blog | Tagged: formal, Formalization, government, Iceland, Scientific Management, Taylor, Taylor's Scientific Management, Taylorism, WalMart | 6 Comments »