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Headquarters Economy - Managers, Mobility, and Migration (Hardcover)
Loot Price: R872
Discovery Miles 8 720
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Headquarters Economy - Managers, Mobility, and Migration (Hardcover)
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Metropolitan areas with a high concentration of headquarters from
diverse industries stand out as influential, dynamic economies.
However, there is little discussion about the characteristics of
these 'headquarters economies'. Why do some regions develop vibrant
headquarters economies, whereas others do not? The answer lies in
understanding the essence of headquarters - the managerial talent
pool that guides and governs these companies. By investigating an
exemplar headquarters economy - Minneapolis-St. Paul - this volume
demonstrates that the talent pool (managers), its movement among
companies and industries in a region (mobility), and the nature of
its inflow and outflow from a region (migration), can create a
virtuous cycle that strengthens regional companies, and draws in
additional talent. Comparing the migration pattern of educated,
high-earning individuals across metropolitan areas in the United
States, and drawing upon a proprietary survey of thousands of
headquarters employees in Minneapolis-St. Paul, this book provides
supportive evidence for this dynamic. A central insight of the
research is that professional managerial talent is a determinant of
regional vitality that has largely been overlooked. The underlying
factors of managers, mobility, and migration, here identified in
the context of Minneapolis-St. Paul, exist in metropolitan areas
around the world, demonstrating the scope of application of the
research findings, and highlighting the benefit of focusing on
these underlying factors.
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