Elites and Secret Handshakes Versus Metrics and Rule-Based Acclamation: A Comment on “Measuring the Unmeasurable”

© 2016, Taylor & Francis Group, LLC. In this issue of Econometric Reviews, Peter Phillips proposes a quantitative (objective) rule that might be used as part of the exercise of measuring merit. In this short comment, I will try and place the need for such a rule (lack of trust and pluralism), po...

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Main Author: Oxley, Leslie
Format: Journal Article
Published: 2016
Online Access:http://hdl.handle.net/20.500.11937/33020
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author Oxley, Leslie
author_facet Oxley, Leslie
author_sort Oxley, Leslie
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description © 2016, Taylor & Francis Group, LLC. In this issue of Econometric Reviews, Peter Phillips proposes a quantitative (objective) rule that might be used as part of the exercise of measuring merit. In this short comment, I will try and place the need for such a rule (lack of trust and pluralism), potential for adoption (negotiation and power), pros (transparency), and cons (metric failure and loss of institutional memory), within both an historical context and a broader strategic management literature. Ultimately, the adoption of such a rule will depend on its ability to convince the relevant community, via negotiation, that subjective assessments can be appropriately summarized numerically. Rather than argue for objectivity or suggest that numbers are somehow neutral transformations of the real world, it may be advantageous to consider some of the lessons from the critical accounting literature that has focused on the “socially constructed nature” of their numerical systems and techniques.
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spelling curtin-20.500.11937-330202017-09-13T15:26:24Z Elites and Secret Handshakes Versus Metrics and Rule-Based Acclamation: A Comment on “Measuring the Unmeasurable” Oxley, Leslie © 2016, Taylor & Francis Group, LLC. In this issue of Econometric Reviews, Peter Phillips proposes a quantitative (objective) rule that might be used as part of the exercise of measuring merit. In this short comment, I will try and place the need for such a rule (lack of trust and pluralism), potential for adoption (negotiation and power), pros (transparency), and cons (metric failure and loss of institutional memory), within both an historical context and a broader strategic management literature. Ultimately, the adoption of such a rule will depend on its ability to convince the relevant community, via negotiation, that subjective assessments can be appropriately summarized numerically. Rather than argue for objectivity or suggest that numbers are somehow neutral transformations of the real world, it may be advantageous to consider some of the lessons from the critical accounting literature that has focused on the “socially constructed nature” of their numerical systems and techniques. 2016 Journal Article http://hdl.handle.net/20.500.11937/33020 10.1080/07474938.2014.956638 restricted
spellingShingle Oxley, Leslie
Elites and Secret Handshakes Versus Metrics and Rule-Based Acclamation: A Comment on “Measuring the Unmeasurable”
title Elites and Secret Handshakes Versus Metrics and Rule-Based Acclamation: A Comment on “Measuring the Unmeasurable”
title_full Elites and Secret Handshakes Versus Metrics and Rule-Based Acclamation: A Comment on “Measuring the Unmeasurable”
title_fullStr Elites and Secret Handshakes Versus Metrics and Rule-Based Acclamation: A Comment on “Measuring the Unmeasurable”
title_full_unstemmed Elites and Secret Handshakes Versus Metrics and Rule-Based Acclamation: A Comment on “Measuring the Unmeasurable”
title_short Elites and Secret Handshakes Versus Metrics and Rule-Based Acclamation: A Comment on “Measuring the Unmeasurable”
title_sort elites and secret handshakes versus metrics and rule-based acclamation: a comment on “measuring the unmeasurable”
url http://hdl.handle.net/20.500.11937/33020