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Books > Business & Economics > Business & management > Ownership & organization of enterprises > General
This volume will present experimental economics research focusing on issues of environmental quality and sustainability. Specific topics will include institutions for cap-and-trade, eco-tourism, urban sprawl, and optimal pollution control strategies. In addition to the traditional 'introduction', we are asking an expert on engineering issues in energy, the environment, and sustainability to write an essay highlighting the benefits to scientists and engineers of understanding human behaviour.
Originally published in 1983, this comparative study of day-to-day industrial relations in two closely matched factories in Britain and Germany, the author examines the causes of the disorder in British manufacturing industry. The book describes how, in the absence of government in the British factory, workers took the law into their own hands in order to redress grievances over pay and to protect their position in the factory's earnings hierarchy. In the German workplace, management and works council successfully administer orderly and equitable pay structures.
Originally published in 1990, this anthology of articles from the German financial and industrial press, translated into English for this volume, discusses the socio/politico/economic background that was a catalyst for the development of replacement cost accounting ideas in Europe and Anglo-American countries. The contributions to the replacement cost debate contained in this anthology, in general, defended depeciation and cost accumulation based on replacement cost. If industry and the German economy were to prosper in a time of social, economic and political chaos in the immediate post World War I period, replacement cost accounting was considered essential.
Originally published in 1981 but now with a new preface, this volume provided the first detailed comparative analysis of how local authorities in the UK and W. Germany faced up to the challenge of trying to help local industry and improve employment prospects. Based on the results of case-studies the book considers the powers and resources available to local authorities and examines how the authorities are organized for this type of economic activity. The authors' analysis of the interplay of political and administrative factors will be particularly important for student and professionals in comparative public policy and public finance. The study shows how economic policy making in local government is constrained both by the higher levels of government in both countries and by the conditions in the economy operating both locally and nationally.
Examining the innovations of economic policy in the UK, France and Germany in the 1960s, this book originally published in 1968, assesses the degree of success of these policies and draws conclusion for the oreintation of future policy. The book contrasts the long history of national planning in France with the equally long history of anti-p[lanning ideology in Germany and by close examination of the actual policies, brings out the relaities that lie behind the public attitudes. It discusses the problems which lead to planning interventions, followed by a chapter on the UK, France and Germany. It examines in details particular adaptations of policy: namely quantitative programming, monetary policy, fiscal policy, public expenditures, regional policy, prices and incomes policy and the balance of payments, comparing developments in all 3 countries. It also looks at the beginning of economic planning at the level of the EEC, with particular implications for British entry.
Originally published in 1991 this book brings together 9 essays which address a number of central issues relating to the nature of German industrialisation, including the role of foreign competition in fostering technological change, the importance of market integration for economic development and the response of German banks to industrialisation. The book also provides an important corrective to the traditional interpretation of German industrialisation and reassesses the economic impact of the customs union (Zollverein). The reappraisal of some dominant themes in German economic and business history is distinctive in its explicit use of economic theory in historical analysis of long-term growth processes. It also emphasises the importance of sectoral analysis and illustrates the usefulness of a differential regional approach for understanding the process of German industrialisation.
Originally published in 1980 but re-issued now with a new preface, this book looks at the German manager from a sociological viewpoint and explains why German management has been so successful and highlights the key factors in the training of the German manager and the attitudes and skills he develops in his work. The views and aspirations of German managers themselves are discussed in the light of the author's first-hand acquaintance with German industry. Throughout there is comparison with the UK, USA and other European countries. The manufacturing function is the subject of a special examination. It is argued that although German management has adopted some American practices the ethic is strictly German and an essential part of the German character.
German industry in particular is a central focus for studying technical and organizational changes in industry due to its pivotal position in international markets, its technological sophistication and its well-established training systems. Originally published in 1992, this study brings together contributions which contain both theoretical approaches and extensive empirical studies, on the manufacturing industry in Germany, including comparisons to other european countries. It looks at the developments of new technology, identifying trends in rationalization and the influences they have on organizational behaviour. As it discusses the relationships between technology and the work-force it includes discussion on flexible specialization, labour processes, union relations, small and large firms and training processes.
Originally published in 1940, this book remains an illuminating and forceful survey of the economic development of modern Germany. It reveals for the first time the basic trends of German business enterprise towards central control. This survey makes three important factors clear. Firstly, the continuity in the underlying trends of German history; secondly the characteristic prevalence of 'statism' in German history; thirdly, Nazism cannot be explained on purely economic grounds: no other county showed such a striking sequel of ups and downs as that which this book illustrates in the economic history of the late 19th and early 20th centuries.
In IT divisions and organizations, the need to execute in a competitive and complex technical environment while demonstrating personal integrity can be a significant personal and organizational challenge. Supplying concrete guidelines for those at an ethical crossroads, Ethics in IT Outsourcing explores the complex challenges of aligning IT outsourcing programs with ethical conduct and standards. This one-stop reference on the ethical structure and execution of IT outsourcing incorporates an easy-to-apply checklist of principles for outsourcing executives and managers. It examines certification programs, such as the online ethics training and certification offered by the Code of Ethics and Business Practice Standards for Outsourcing Professionals established by the International Association of Outsourcing Professionals (IAOP). Based upon significant research on the economic impact of outsourcing at a micro, macro, and corporate level, this volume defines a comprehensive set of ethical program components to ensure your program is aligned with ethical guidelines. Based on a solid foundation of documented research and analysis Examines the ethical impact of outsourcing on individuals, corporations, and society Outlines a new corporate capability-the Ethics PMO Includes a list of tools to help readers establish their own Ethics PMO Filled with authoritative insights based on the author's decades of experience working with large firms in IT and outsourcing, this book is suitable for both veteran IT practitioners and stakeholders new to the topic. A must-read for anyone seeking to understand the underlying issues in this area of growing importance, it will bring you up to speed on the recent developments you need to be aware of to ensure ethical personal, corporate, and societal decision-making. Readers are invited to participate in the growing dialog of business ethics, and IT outsourcing ethics in particular, at the author's website: www.ethicsinit.com
Dream Vision Purpose Mission These words have been defining the life of Michael E. Gerber, bestsellingauthor and international small business guru, since before 1977--whenhe created E-Myth Worldwide to transform the way that small businessowners can grow their companies. Now he's created the Dreaming Room, theplace where entrepreneurs and future entrepreneurs come to discover how tomake their dreams a reality. In Awakening the Entrepreneur Within, Michael will help you shape yourdream into a viable, economically successful company. He writes, "It is time todream. It is time to care about something bigger than you. It is time to imaginesomething sorely needed in the world--the world you live in--that somebody would pay to have. It is time to look around you and ask yourself, 'What's missing in this picture?'" If you see something missing in your world, join Michael E. Gerber in the Dreaming Room and awaken the entrepreneur within you.
Multi-actor partnerships are promoted as central to the achievement of sustainable development. However, these relationships are not always easy, and calls are being made for more guidance on how partners can work together effectively to deliver results and achieve meaningful change. Shaping Sustainable Change explains the growing and significant role of partnership brokering in shaping these relationships. Drawing upon the work of the Partnership Brokers Association, it uses evidenced-based materials to show how the work of partnership brokering contributes to the management of collaborative relationships so that they are better positioned to have a positive and sustainable impact. As well as making the case for partnership brokering, the publication explores the profile and key activities carried out by partnership brokers, and the skills required to undertake this role. Examples are also provided to illustrate how partnership brokering works in practice in relation to different contexts, sectors and themes. This book will appeal not only to partnership brokers but also to professional and academic readers interested in achieving sustainable development.
This book is about the relationship between firm dynamics, innovation and globalization, the processes that are essential for long term economic growth and welfare creation. This volume deals with these three issues in three sections titled respectively: entrepreneurship, new firm formation and growth; productivity-innovation-growthnexus; globalization, multinational firms and producers' dynamics. The book presents new studies written by distinguished researchers in the field, who use state-of-the-art methodologies and extensive sources of firm- and plant-level longitudinal data to analyze and understand these major economic issues facing modern economies. In the first section, the book proposes two comprehensive introductory surveys which explore in detail the underpinnings of entrepreneurship, new firm formation and growth in advanced and developing countries. The second fundamental issue, productivity-innovation and firm dynamics, is approached by examining key drivers of selection mechanisms such as size, scale elasticity, innovative efforts, financial fragility of the firms, barriers to entry and exit, capital and financial market distortions, institutional inefficiencies and other market imperfections which affect the ability of firms to expand or enter. The third section examines differences, linkages and intertwined evolution of foreign and domestic firms in their dynamics of survival and growth in different institutional contexts and periods. Each chapter includes a detailed discussion of the implications of the respective analyses for enterprise policy. In a concluding chapter the overall implications for enterprise policy of the analyses presented in the different chapters are drawn by the Editors. This approach ensures that the book is integrated around a coherent central theme in comprehensive framework. The book responds to a growing concern among scholars, professionals, and policy makers over the recent decades about firm ability to survive and compete in a context of increasing globalization and international competition. The approach adopted is both theoretical and empirical with consideration of paradigmatic case studies in Europe, Africa and Asia, providing new evidence on developed, developing and transition economies in a comparative perspective. The cases selected represent different levels of development, different firms strategies and paths, with distinct outcomes. The book is an essential reading for scholars and students concerned with industry development, public policy and globalization, as well as to all those involved professionally in such issues.
Many organizational leaders may not even realize that most of their strategic decisions are made without accurate or full information. And yet more than 40 years of socio-economic research indicate that around 40% of what happens economically in organizations is not taken into consideration by traditional accounting. This lack of information affects an organization's effectiveness by turning organizational functions into dys-functions which leads to hidden costs. Socio-economic research shows that average hidden costs are more than $20,000 per employee per year.Socio-Economic Approach to Management (SEAM) is a different way to lead and manage organizations - or to put simply steer them. What differentiates SEAM from traditional management? First, SEAM focuses on both the people and economic sides of the workplace. Second, SEAM identifies and reduces hidden costs through engaging employees and developing their potential. The results are increased efficiency and profitability, sustainable organizational development, and higher employee engagement.SEAM was developed in France and is little known in the US. This book provides a sound introduction to SEAM for the English-speaking audience. The book will be of interest for organizational leaders and managers who search new ideas, techniques, and tools to increase the efficiency of their organizations. The book will also be beneficial for change management and HR practitioners.
This book examines the vast and largely uncharted world of cultural/creative city-making in Asia. It explores the establishment of policy models and practices against the backdrop of a globalizing world, and considers the dynamic relationship between powerful actors and resources that impact Asian cities. Making Cultural Cities in Asia approaches this dynamic process through the lens of assemblage: how the policy models of cultural/creative cities have been extracted from the flow of ideas, and how re-invented versions have been assembled, territorialized, and exported. This approach reveals a spectrum between globally circulating ideals on the one hand, and the place-based contexts and contingencies on the other. At one end of the spectrum, this book features chapters on policy mobility, in particular the political construction of the "web" of communication and the restructuring or rescaling of the state. At the other end, chapters examine the increasingly fragmented social forces, their changing roles in the process, and their negotiations, alignments, and resistances. This book will be of interest to researchers and policy-makers concerned with cultural and urban studies, creative industries and Asian studies.
The service sector accounts for a huge proportion of global employment, and is the biggest driver of gross domestic product in developing nations. Yet there has been little research uncovering its scope, potential and implications on sustained and inclusive economic growth. This is especially true for Africa, which has seen a strong growth trajectory in recent years. This book presents a new frontier of research, offering insightful perspectives on the 21st-century realities of the service sector and its effect on economic development in Africa. The analysis presented here will be of relevance to academics and policymakers with an interest in Africa's role in the global economy.
The world has changed profoundly since the publication of the influential book Technopoles of the World. As policy-makers and practitioners attempt to harness science, technology and innovation to create dynamic and vibrant cities many wonder how relevant Manuel Castells and Peter Hall's messages are today. Twenty years later, this book returns to their concepts and practices to update their message for the 21st century. Making 21st Century Knowledge Complexes: Technopoles of the World Revisited argues that the contemporary technopole concept encompasses three new dimensions. Firstly, building synergy between partners is vital for the success of complexes. Secondly, the correct governance arrangements are critical to balance competing interests inevitable in any science city project. Thirdly, new evaluation mechanisms are indispensable in allowing policy-makers to steer their long-term benefits. Through twelve case study chapters and a detailed comparative analysis, this book provides academics, policy-makers and practitioners with critical insights in understanding, managing and promoting today's high-technology urban complexes.
In 2021 Coventry celebrates being the national City of Culture. Modern Coventry is a product of successive rounds of industrial, economic and social developments driven by regional, national and global forces. This book presents a timely opportunity to reflect on this rich, and often misunderstood, history. The book examines the development of industry, services, infrastructure and social transformation, and the role which globalising forces have played in influencing these, particularly since the 1950s. It looks at the experiences of the city of Coventry in responding to the challenges of socioeconomic change, technological advances, reconstruction and renewal. Issues of investment, economic decline, reconstruction, employment change and local and national governance are all considered in assessing the story of modern Coventry, a city influenced by new industries and development opportunities while still being shaped by its historical economic challenges. By focusing on the case of Coventry this book contributes to debates surrounding urban structural change, economic diversification and resilience from the perspective of a medium-sized city.
The structure and regulation of consumption and demand has recently become of great interest to sociologists and economists alike, and at the same time there is growing interest in trying to understand the patterns and drivers of technological innovation. This book, newly available in paperback, brings together a range of sociologists and economists to study the role of demand and consumption in the innovative process. The book starts with a broad conceptual overview of ways that the sociological and economics literatures address issues of innovation, demand and consumption. It goes on to offer different approaches to the economics of demand and innovation through an evolutionary framework, before reviewing how consumption fits into evolutionary models of economic development. Food consumption is then looked at as an example of innovation by demand, including an examination of the dynamic nature of socially-constituted consumption routines. The book includes a number of illuminating case studies, including an analysis of how black Americans use consumption to express collective identity, and a number of demand-innovation relationships within matrices or chains of producers and users or other actors, including service industries such as security, and the environmental performance of companies. The involvement of consumers in innovation is looked at, including an analysis of how consumer needs may be incorporated in the design of high-tech products. The final chapter argues for the need to build an economic sociology of demand that goes from micro-individual through to macro-structural features. This book is relevant to United Nations Sustainable Development Goal 9, Industry, innovation and infrastructure -- .
In the current environment of severe global competition, an uncertain business future as well as shorter product life cycles, companies have a pressing need to develop new products and businesses rapidly. In this book, Professor Yasuhiro Monden expounds on his theories about inter-firm networks and incentive price systems as important mechanisms to encourage innovation.The author has coined the term incentive price system to explain profit allocation systems which will motivate inter-firm collaboration to develop new customer-pleasing products or businesses. He notes that such a comprehensive concept of incentive price has not been studied in conventional economics but is invaluable for solving various profit allocation problems.The theories in the book are richly illustrated by many case studies from the automobile, auto-parts, smartphone, semiconductor, convenience store and nuclear power electricity industries. Examples from the automobile industry account for more than half of the case studies because the author has accumulated much practical knowledge and experience from research and related activities in the Japanese automobile industry over several decades.This book will be of interest to researchers and practitioners of lean or just-in-time production, as well as those involved in related areas such as managerial accounting, managerial economics, corporate finance, organization theory and cooperative game theory.
Examining the flow of technical knowledge between the US, Taiwan and Mainland China over the last sixty-five years, this book shows that the technical knowledge that has moved between these states is vast and varied. It includes the invention and production of industrial goods, as well as knowledge of the patterns of corporate organization and management. Indeed, this diversity is reflected in the process itself, which is driven both by returning expatriates with knowledge acquired overseas and by successful government intervention in acquiring technology from multinational firms. Technology Transfer Between the US, China and Taiwan engages with the evolving debates on the merits, importance and feasibility of technology transfer in the process of economic development globally, and uses the example of Taiwan to show that multinational corporations can indeed play a positive role in economic development. Further, it reveals the underlying tension between international cooperation and nationalism which inevitably accompanies international exchanges, as well as the delicate balancing act required between knowledge acquisition and dangerous levels of dependency, and the beneficial role of the US in East Asia's technological development. With contributors from disciplines ranging from history, geography, urban planning, sociology, political science and electrical engineering, this multi-disciplinary book will be of great interest to students and scholars working across a broad range of subjects including Taiwan studies, Chinese studies, economics, business studies and development studies.
Alan Wilkins explains how an organization with strong character can more successfully adapt to change, develop new skills, and ensure a successful future without sacrificing established values or strengths. He offers step-by-step instructions on how to determine the readiness of an organization to change--and how to identify directions and strategies most likely to succeed. And he reveals the signs that indicate the erosion of corporate character and suggests specific management practices to overcome such problems.
Building Business Value through Talent uniquely describes how a CEO and CHRO can accelerate business growth by working together to design and operationalize value-driven talent strategies. CEOs focus on decisions that will drive the business strategy forward while HR leaders routinely try to satisfy the needs of the largest number of employees. Often, the two align superficially or in administrative ways - and to put out the occasional flash fire. This book changes that dynamic by unlocking the investment potential of HR and empowering an unprecedented, tangible and measurable partnership between CEOs and CHROs. Framed as a product guide, the "product" is visualized as the HR Operating Model necessary to succeed in our modern economy: a business-based talent planning and investment strategy to sustain talent solutions and intellectual capital growth. This product guide provides the tools and insights that business leaders are seeking in order to win the ever more challenging battles in their war for talent. Learning and adopting these winning practices will provide a visible testament to the effective leadership of any CEO and CHRO team.
The theory of the firm did not exist, in any serious manner, until around 1970. Only then did the current theory of the firm literature begin to emerge, based largely upon the work of Ronald Coase and to a lesser degree Frank Knight. It was work by Armen Alchian, Robert Crawford, Harold Demsetz, Michael Jensen, Benjamin Klein, William Meckling and Oliver Williamson, among others, that drove the upswing in interest in the firm among mainstream economists. This accessible book provides a valuable overview of the 'prehistory' of the firm. Spanning an impressive timeline, it delves into Antiquity, the Medieval era, the pre-classical economics period and the 19th and 20th centuries. Next, the book traces the theoretical contributions from pre-classical, classical and neoclassical economics. It will be illuminating reading for students and researchers of the history of economic thought, industrial organization, microeconomic theory and business history.
The legal services marketplace has become ever more competitive. Identifying a robust business strategy and sources of competitive advantage are difficult challenges for law firms today. The review of legal services carried out by Sir David Clementi, leading to the Legal Services Bill, paves the way for yet more change, competition and consolidation. As well as reviewing the way that law firms are regulated, the Bill will de-regulate the ownership of law firms, so that they can be made public or owned by multi-disciplinary principals. For the first time, firms now face the prospect of not being wholly owned and managed by lawyers, and of being able to seek capital in the general finance markets in the same way as other businesses. Stephen Mayson has been a consultant to law firms all over the world for more than 20 years, and is one of the most respected commentators on legal practice. In this new book, he presents the first in-depth and systematic treatment of strategy, competitive advantage and valuation for the legal services market. The text provides practical guidance for law firms on how respond to the reforms to be introduced by the Legal Services Bill, and in particular how to build and preserve value in the new environment. It explores in detail a range of factors that firms need to address in order to face both known and new forms of competition, and build a sustainable business. In the first part of the book, the author explores the emerging landscape of legal services. He discusses fair market valuation and the link between strategy, competitive advantage and valuation, before addressing regulation and competition. Here the decline of regulatory barriers (including the Clementi Review and the Legal Services Bill) and the effects of maturing markets are examined, as well as the issues and challenges of consolidation and polarisation of legal service providers, and globalisation. Mayson then examines the nature of competitive advantage, including its foundations and sustainability. In the third section, the principles of valuation, including definitions of value and methods of valuation, are looked at, in addition to an analysis of the drivers of value in law firms and guidance on how to optimise and sustain income. A section on the implications of valuation then focuses on issues such as the possible tensions between individuals and the organisation, collective action and commitment, and the longevity of the firm. In the final section, the author looks at the foundations of strategy, such as: its context; the 'strategic triangle' of services, clients and geography; strategic objectives and risks; the strategic response; and the building of capital for competitive advantage (including a discussion of financial, physical, human, social and organisational capital). The book ends with a discussion of future prospects for the legal services market. Law Firm Strategy: Competitive Advantage and Valuation is an invaluable text for those already managing law firms, those looking to compete with existing law firms in the new environment, and those who are not lawyers but find themselves with an opportunity to own, invest in or manage a legal services business. |
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