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As economic growth in Western countries shows signs of fatigue,
companies are battling hard to discover how to generate and sustain
corporate growth. The restructuring and reengineering processes of
the early 1990s, and the massive lay-offs they brought about, have
only given an additional boost to the need for expansion. Corporate
efficiency is indispensable, but is not a sufficient condition for
corporate survival. Firms need to think about their future growth.
Corporate innovation and entrepreneurship are more important than
ever to create and sustain growth opportunities. This book deals
with the challenge of how to speed up innovation and
entrepreneurial initiatives to sustain corporate growth, by
focusing on developing the necessary leadership competencies.
In the wake of the drastic changes that have occurred in the world
banking industry over the past two decades, Professor Canals's new
book addresses several important questions: are universal banks
bound to disappear? What is the role of universal banks and
financial markets in the context of deregulation and
disintermediation? What should banks' strategic reactions be to
changes in the industry such as diversification,
internationalization, and restructuring? And what role do banks
play vis a vis modern financial markets? Canals draws on up-to-date
case studies from Europe, Japan, and the US to provide a
provocative reassessment of universal banking.
The current business context of disruptive, accelerated change
requires a new framework for understanding how boards of directors
can best support their organizations. In this book, Professor Jordi
Canals presents a new model of effective governance, positioning
the board of directors as the steward of the firm's future
development, and focusing on the notion of corporate purpose.
Canals argues that boards of directors should focus on strategy and
corporate transformation, CEO and senior management development and
succession, the board and the firm's culture, the board as a team,
the engagement of shareholders and critical stakeholders, and the
firm's overall impact. Moreover, for boards to be effective,
directors must develop new competencies. Drawing on well-grounded
theory and international case studies, this book outlines a new,
holistic model of boards of directors, offering a pathway to
effective governance that will enhance companies' reputation and
success.
The current business context of disruptive, accelerated change
requires a new framework for understanding how boards of directors
can best support their organizations. In this book, Professor Jordi
Canals presents a new model of effective governance, positioning
the board of directors as the steward of the firm's future
development, and focusing on the notion of corporate purpose.
Canals argues that boards of directors should focus on strategy and
corporate transformation, CEO and senior management development and
succession, the board and the firm's culture, the board as a team,
the engagement of shareholders and critical stakeholders, and the
firm's overall impact. Moreover, for boards to be effective,
directors must develop new competencies. Drawing on well-grounded
theory and international case studies, this book outlines a new,
holistic model of boards of directors, offering a pathway to
effective governance that will enhance companies' reputation and
success.
Artificial Intelligence (AI) is redefining the nature and
principles of general management. The technological revolution is
reshaping industries, disrupting existing business models, making
traditional companies obsolete and creating social change. In
response, the role of the manager needs to urgently evolve and
adjust. Companies need to rethink their purpose, strategy,
organisational design and decision-making rules. Crucially they
will also need to consider how to nurture and develop the business
leaders of the future and develop new ways to interact with society
on issues such as privacy and trust. Containing international
insights from leading figures from the world of management and
technology, this book addresses the big challenges facing
organisations, including: * Decision-making * Corporate strategy *
People management and leadership * Organisational design Taking a
holistic approach, this collection of expert voices provides
valuable insight into how firms will discover and commit to what
makes them unique in this new big data world, empowering them to
create and sustain competitive advantage.
The current financial crisis has deep macroeconomic roots, but the
dominant view of the firm has made the crisis deeper and more
devastating. Over the past few decades, maximizing shareholder
value has become the main objective of the firm. Chief executives
have been keen on this objective because their economic incentives
have been clearly associated with stock market performance.
Unfortunately, this has driven many CEOs to make terrible decisions
based on short-termism and greed. In this way, the firm has become
the object of anger, criticism and cynicism. In Building Respected
Companies, Jordi Canals argues that we must address this problem by
developing companies that serve society, not just their
shareholders. This requires a new perspective of what a firm is,
what the purpose of the firm in society should be and what the role
of the board of directors and senior executives should be.
In the wake of the drastic changes that have occurred in the world
banking industry over the past two decades, Professor Canals's new
book addresses several important questions: are universal banks
bound to disappear? What is the role of universal banks and
financial markets in the context of deregulation and
disintermediation? What should banks' strategic reactions be to
changes in the industry such as diversification,
internationalization, and restructuring? And what role do banks
play vis a vis modern financial markets? Canals draws on up-to-date
case studies from Europe, Japan, and the US to provide a
provocative reassessment of universal banking.
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