E/M/179. Critically evaluate the privileged and powerful position that contemporary managers occupy both in the business world and wider society today. Your answer should be illustrated with reference to the behaviour and performance (on both a business and wider societal level) of senior managers in the now defunct MG Rover Group.

The paper examines the dimensions of managerial power providing a review of management theories, commenting on the shift from an old bureaucratic organisation to a new enterprising organisation, and addressing the issues of pay power and ethics. The actions of CEO in the MG Rover case are discussed.