The Dynamics Of The Firms Path To Failure

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Doomed Firms

Author : P.J. Cybinski
Publisher : Routledge
ISBN 13 : 1351775758
Total Pages : 250 pages
Book Rating : 4.3/5 (517 download)

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Book Synopsis Doomed Firms by : P.J. Cybinski

Download or read book Doomed Firms written by P.J. Cybinski and published by Routledge. This book was released on 2018-12-13 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2003. This book provides a much-needed comprehensive and up-to-date treatise on financial distress modelling. Since many of the challenges facing researchers of financial distress can only be addressed by a totally new research design and modelling methodology, this book concentrates on extending the potential for bankruptcy analysis from single-equation modelling to multi-equation analysis. Essentially, the work provides an innovative new approach by comparing each firm with itself over time rather than testing specific hypotheses or improving predictive and classificatory accuracy. Added to this new design, a whole new methodology - or way of modelling the process - is applied in the form of a family of models of which the traditional single equation logit or MDA models is just a special case. Preliminary two-equation and three-equation models are presented and tested in the final chapters as a taste of things to come. The groundwork for a full treatise on these sorts of multi-equation systems is laid for further study - this family of models could be used as a basis for more specific applications to different industries and to test hypotheses concerning influential variables to bankruptcy risk.

Situational Project Management

Author : Oliver F. Lehmann
Publisher : CRC Press
ISBN 13 : 1498722628
Total Pages : 299 pages
Book Rating : 4.4/5 (987 download)

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Book Synopsis Situational Project Management by : Oliver F. Lehmann

Download or read book Situational Project Management written by Oliver F. Lehmann and published by CRC Press. This book was released on 2016-08-19 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most project managers would agree that every project is unique. But not all project managers would agree that the best way to manage a unique project is unique. Many still cling to the old practice of having a methodology that is applied to all projects. "One size fits all" is still in common use, and this approach has proven to lead to project failure. Flexibility, situational intelligence, and creativity are essential to deliver project success. The need to recognize and master ever-changing requirements and environmental conditions is a tough challenge for professional project managers. The same practices that led to success yesterday may cause failure today. Selecting favorable responses to a given situation is often the most critical factor of the dynamics of success and failure. This book is designed to help project professionals assess a situation, predict the appropriate approach, methodology and achieving styles, and then apply them in a situational fashion. To guide project managers in selecting the appropriate responses, Situational Project Management (SitPM) shows how to assess a given project, determine its unique characteristics, and select the appropriate methods to complete the project. With this book, projects managers can use SitPM to develop profiles of their projects on the basis of the projects’ physical characteristics, the project teams’ behavioral characteristics, the enterprise environment, and the market environments receiving project deliverables. These profiles help project managers to determine the appropriate project life cycle approach and leadership style. The book also explores various ways to engage stakeholders on the basis of a project’s SitPM profile. The book’s author, Oliver F. Lehmann, has developed a set of templates to apply SitPM in practice. It can be downloaded from www.oliverlehmann.com/SitPM/Templates.zip.

Economics of the Firm

Author : Michael Dietrich
Publisher : Routledge
ISBN 13 : 1134158319
Total Pages : 256 pages
Book Rating : 4.1/5 (341 download)

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Book Synopsis Economics of the Firm by : Michael Dietrich

Download or read book Economics of the Firm written by Michael Dietrich and published by Routledge. This book was released on 2006-11-22 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together some of the world's leading experts on the economics of the firm. It eschews standard approaches to the economics of the firm (including analysis of transaction costs) in favour of a more interdisciplinary outlook.

The Warren Buffett Way

Author : Robert G. Hagstrom
Publisher : John Wiley & Sons
ISBN 13 : 0471707422
Total Pages : 273 pages
Book Rating : 4.4/5 (717 download)

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Book Synopsis The Warren Buffett Way by : Robert G. Hagstrom

Download or read book The Warren Buffett Way written by Robert G. Hagstrom and published by John Wiley & Sons. This book was released on 2004-12-13 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: Buffett is back . . . and better than before! A decade has passed since the book that introduced the world to Warren Buffett -- The Warren Buffett Way by Robert Hagstrom -- first appeared. That groundbreaking book spent 21 weeks on the New York Times Hardcover Nonfiction Bestseller list and sold over 1 million copies. Since then, Warren Buffett has solidified his reputation as the greatest investor of all time -- becoming even richer and more successful, despite the wild fluctuation of the markets. How does this value investing legend continue to do it? That's where Robert Hagstrom and the Second Edition of The Warren Buffet Way come in. This edition is a completely revised and updated look at the Oracle of Omaha -- comprising Buffett's numerous investments and accomplishments over the past ten years, as well as the timeless and highly successful investment strategies and techniques he has always used to come out a market winner. This edition is especially accessible as Buffett's basic tenets of investing are presented and illuminated with relevant and up to date examples. Order your copy today!

The Innovator's Dilemma

Author : Clayton M. Christensen
Publisher : HarperBusiness
ISBN 13 : 9780062060242
Total Pages : 336 pages
Book Rating : 4.0/5 (62 download)

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Book Synopsis The Innovator's Dilemma by : Clayton M. Christensen

Download or read book The Innovator's Dilemma written by Clayton M. Christensen and published by HarperBusiness. This book was released on 2011-10-04 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this revolutionary bestseller, innovation expert Clayton M. Christensen says outstanding companies can do everything right and still lose their market leadership—or worse, disappear altogether. And not only does he prove what he says, but he tells others how to avoid a similar fate. Focusing on “disruptive technology,” Christensen shows why most companies miss out on new waves of innovation. Whether in electronics or retailing, a successful company with established products will get pushed aside unless managers know when to abandon traditional business practices. Using the lessons of successes and failures from leading companies, The Innovator’s Dilemma presents a set of rules for capitalizing on the phenomenon of disruptive innovation. Find out: When it is right not to listen to customers. When to invest in developing lower-performance products that promise lower margins. When to pursue small markets at the expense of seemingly larger and more lucrative ones. Sharp, cogent, and provocative, The Innovator’s Dilemma is one of the most talked-about books of our time—and one no savvy manager or entrepreneur should be without.

The Dynamic Path

Author : James M. Citrin
Publisher : Rodale
ISBN 13 : 9781594863585
Total Pages : 288 pages
Book Rating : 4.8/5 (635 download)

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Book Synopsis The Dynamic Path by : James M. Citrin

Download or read book The Dynamic Path written by James M. Citrin and published by Rodale. This book was released on 2007-09-04 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Identifies three stages on the path to greatness or success while examining the key characteristics and disciplines that lead to personal and professional accomplishment.

The Economic Dynamics of Law

Author : David M. Driesen
Publisher : Cambridge University Press
ISBN 13 : 1107004853
Total Pages : 255 pages
Book Rating : 4.1/5 (7 download)

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Book Synopsis The Economic Dynamics of Law by : David M. Driesen

Download or read book The Economic Dynamics of Law written by David M. Driesen and published by Cambridge University Press. This book was released on 2012-06-18 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a theory of law and economics focused on change over time and aimed at avoiding systemic risks.

The Economy As An Evolving Complex System II

Author : W. Brian Arthur
Publisher : CRC Press
ISBN 13 : 0429976267
Total Pages : 437 pages
Book Rating : 4.4/5 (299 download)

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Book Synopsis The Economy As An Evolving Complex System II by : W. Brian Arthur

Download or read book The Economy As An Evolving Complex System II written by W. Brian Arthur and published by CRC Press. This book was released on 2018-05-04 with total page 437 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new view of the economy as an evolving, complex system has been pioneered at the Santa Fe Institute over the last ten years, This volume is a collection of articles that shape and define this view?a view of the economy as emerging from the interactions of individual agents whose behavior constantly evolves, whose strategies and actions are always adapting.The traditional framework in economics portrays activity within an equilibrium steady state. The interacting agents in the economy are typically homogenous, solve well-defined problems using perfect rationality, and act within given legal and social structures. The complexity approach, by contrast, sees economic activity as continually changing?continually in process. The interacting agents are typically heterogeneous, they must cognitively interpret the problems they face, and together they create the structures?markets, legal and social institutions, price patters, expectations?to which they individually react. Such structures may never settle down. Agents may forever adapt and explore and evolve their behaviors within structures that continually emerge and change and disappear?structures these behaviors co-create. This complexity approach does not replace the equilibrium one?it complements it.The papers here collected originated at a recent conference at the Santa Fe Institute, which was called to follow up the well-known 1987 SFI conference organized by Philip Anderson, Kenneth Arrow, and David Pines. They survey the new study of complexity and the economy. They apply this approach to real economic problems and they show the extent to which the initial vision of the 1987 conference has come to fruition.

The Innovator's Dilemma

Author : Clayton M. Christensen
Publisher : Harvard Business Review Press
ISBN 13 : 1422197581
Total Pages : 282 pages
Book Rating : 4.4/5 (221 download)

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Book Synopsis The Innovator's Dilemma by : Clayton M. Christensen

Download or read book The Innovator's Dilemma written by Clayton M. Christensen and published by Harvard Business Review Press. This book was released on 2013-10-22 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: Named one of 100 Leadership & Success Books to Read in a Lifetime by Amazon Editors An innovation classic. From Steve Jobs to Jeff Bezos, Clay Christensen’s work continues to underpin today’s most innovative leaders and organizations. The bestselling classic on disruptive innovation, by renowned author Clayton M. Christensen. His work is cited by the world’s best-known thought leaders, from Steve Jobs to Malcolm Gladwell. In this classic bestseller—one of the most influential business books of all time—innovation expert Clayton Christensen shows how even the most outstanding companies can do everything right—yet still lose market leadership. Christensen explains why most companies miss out on new waves of innovation. No matter the industry, he says, a successful company with established products will get pushed aside unless managers know how and when to abandon traditional business practices. Offering both successes and failures from leading companies as a guide, The Innovator’s Dilemma gives you a set of rules for capitalizing on the phenomenon of disruptive innovation. Sharp, cogent, and provocative—and consistently noted as one of the most valuable business ideas of all time—The Innovator’s Dilemma is the book no manager, leader, or entrepreneur should be without.

Leading Change

Author : John P. Kotter
Publisher : Harvard Business Press
ISBN 13 : 1422186431
Total Pages : 210 pages
Book Rating : 4.4/5 (221 download)

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Book Synopsis Leading Change by : John P. Kotter

Download or read book Leading Change written by John P. Kotter and published by Harvard Business Press. This book was released on 2012 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the ill-fated dot-com bubble to unprecedented merger and acquisition activity to scandal, greed, and, ultimately, recession -- we've learned that widespread and difficult change is no longer the exception. By outlining the process organizations have used to achieve transformational goals and by identifying where and how even top performers derail during the change process, Kotter provides a practical resource for leaders and managers charged with making change initiatives work.

Longrun Dynamics

Author : G. Snooks
Publisher : Springer
ISBN 13 : 0230599397
Total Pages : 291 pages
Book Rating : 4.2/5 (35 download)

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Book Synopsis Longrun Dynamics by : G. Snooks

Download or read book Longrun Dynamics written by G. Snooks and published by Springer. This book was released on 1998-04-08 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: Longrun Dynamics is a ground-breaking work that begins where the author's Economics without Time (1993) left off. It employs the inductive method proposed by J.S.Mill to develop a general dynamic theory that integrates the separate disciplines of economic growth, economic fluctuations, and political decision-making. The central feature of this general theory is dynamic demand, which provides both a realist form for the model and a new explanation of macroeconomics variables. The general theory also provides an entirely new basis for policy and is designed to counter the influence of neo-liberalism in economic theory.

Good Strategy Bad Strategy

Author : Richard Rumelt
Publisher : Currency
ISBN 13 : 0307886239
Total Pages : 338 pages
Book Rating : 4.3/5 (78 download)

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Book Synopsis Good Strategy Bad Strategy by : Richard Rumelt

Download or read book Good Strategy Bad Strategy written by Richard Rumelt and published by Currency. This book was released on 2011-07-19 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: Good Strategy/Bad Strategy clarifies the muddled thinking underlying too many strategies and provides a clear way to create and implement a powerful action-oriented strategy for the real world. Developing and implementing a strategy is the central task of a leader. A good strategy is a specific and coherent response to—and approach for—overcoming the obstacles to progress. A good strategy works by harnessing and applying power where it will have the greatest effect. Yet, Rumelt shows that there has been a growing and unfortunate tendency to equate Mom-and-apple-pie values, fluffy packages of buzzwords, motivational slogans, and financial goals with “strategy.” In Good Strategy/Bad Strategy, he debunks these elements of “bad strategy” and awakens an understanding of the power of a “good strategy.” He introduces nine sources of power—ranging from using leverage to effectively focusing on growth—that are eye-opening yet pragmatic tools that can easily be put to work on Monday morning, and uses fascinating examples from business, nonprofit, and military affairs to bring its original and pragmatic ideas to life. The detailed examples range from Apple to General Motors, from the two Iraq wars to Afghanistan, from a small local market to Wal-Mart, from Nvidia to Silicon Graphics, from the Getty Trust to the Los Angeles Unified School District, from Cisco Systems to Paccar, and from Global Crossing to the 2007–08 financial crisis. Reflecting an astonishing grasp and integration of economics, finance, technology, history, and the brilliance and foibles of the human character, Good Strategy/Bad Strategy stems from Rumelt’s decades of digging beyond the superficial to address hard questions with honesty and integrity.

Understanding the Firm

Author : Michael Taylor
Publisher : Oxford University Press, USA
ISBN 13 : 0199260796
Total Pages : 288 pages
Book Rating : 4.1/5 (992 download)

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Book Synopsis Understanding the Firm by : Michael Taylor

Download or read book Understanding the Firm written by Michael Taylor and published by Oxford University Press, USA. This book was released on 2006-12-21 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Firms are at the very heart of modern day life. They come in a seemingly infinite variety - from transnationals to small firm, from corporations to branch plants, to subsidiaries and joint ventures, from subcontractors to franchisees, from sole proprietorships to partnerships, from manufacturers to service providers and retailers. For the most part we view them as the creators, destroyers, and repositories of jobs - the creators and destroyers of people's livelihoods, lives, anddreams. But, deciding just what a firm is is neither a simple nor a straightforward task.Against a background of the dynamic complexity and plurality that business forms (and firms) can assume, there is a constant search within academic research for the processes that create and maintain both enterprise and enterprises in capitalist societies: a search for a theory of the firm.This book addresses some of the gaps in the current state of the theory of the firm from an economic geography perspective: issues around the boundaries of the firm; the collective agency of the firm; the political firm, financial markets, and the state; and the firm in place.

The Dynamic Firm

Author : Alfred D. Chandler
Publisher : OUP Oxford
ISBN 13 : 0191522570
Total Pages : 488 pages
Book Rating : 4.1/5 (915 download)

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Book Synopsis The Dynamic Firm by : Alfred D. Chandler

Download or read book The Dynamic Firm written by Alfred D. Chandler and published by OUP Oxford. This book was released on 1999-09-23 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt: Business Strategy is becoming increasingly 'pluralist', drawing on the insights of different disciplines, and business practice in different parts of the world. This book brings together the work and ideas of leading international scholars working in the field under three main headings Technology, Strategy and Organization, and Regions. The purpose of the book is to explore from different perspectives the dynamic interplay between the technology of a firm; its strategies; organizational choices; and issues of place, region, and location. The contributors are Peter Hagström, Alfred Chandler, Takahiro Fujimoto, Richard Nelson, Nathan Rosenberg, Erik von Hippel, Cristiano Antonelli, Giovanni Dosi, Benjamin Coriat, David Teece, Gunnar Hedlund, Pari Patel, Keith Pavitt, Ikujiro Nonaka, Hirotaka Takeuchi, Lars-Gunnar Mattsson, John Cantwell, John Dunning, Michael Enright, Masahisa Fujita, Ryoichi Ishii, Allen Scott, Orjan Solvell, Ivo Zander, J-C Spender, and Michael Porter. Together they address the challenge of explaining the long-run competitiveness of firms in an ever more global world. This book will be a benchmark for anybody wanting to keep abreast of leading edge strategic thinking.

Understanding the Dynamics of a Knowledge Economy

Author : Wilfred Dolfsma
Publisher : Edward Elgar Publishing
ISBN 13 : 1845429893
Total Pages : 275 pages
Book Rating : 4.8/5 (454 download)

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Book Synopsis Understanding the Dynamics of a Knowledge Economy by : Wilfred Dolfsma

Download or read book Understanding the Dynamics of a Knowledge Economy written by Wilfred Dolfsma and published by Edward Elgar Publishing. This book was released on 2006-01-01 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: . . . the topical way in which the subject is discussed makes this book useful also for policymakers or entrepreneurs interested in the subject. It is also appropriate for Masters or Ph.D. students who have a basic background in economics and management. . . [the book] provides interesting and deep analysis of the dynamic of knowledge economy and it is very well written. Francesca Masciarelli, Journal of Management and Governance The knowledge economy is a concept commonly deemed too ambiguous and elusive to hold any significance in current economic debate. This valuable book seeks to refute that myth. Presenting an important collection of views, from a number of leading scholars, this innovative volume visibly demonstrates that knowledge and information are a prime resource in driving the dynamics of an economy. It is argued that in order to understand the knowledge economy a diverse set of insights and approaches are required, which shed new and striking light on the roots of present-day economic dynamics. Using both theoretical and empirical material, this interdisciplinary collection offers a range of micro and macro perspectives. It draws on a variety of scientific backgrounds, and uses and develops a number of different methodologies, some of which may not be familiar in mainstream economics. The approaches adopted by historians, economists, systems theorists, management scholars and geographers which are explored in this book are central to encouraging a new and practical way forward in reading the dynamics of the knowledge economy. In offering these key insights, this important volume makes an invaluable contribution to the lively debate surrounding the knowledge economy. An essential read for economists, this book will also find widespread appeal amongst scholars of management, cultural studies and geography.

Microdynamics of Technological Change

Author : Cristiano Antonelli
Publisher : Routledge
ISBN 13 : 1134656076
Total Pages : 306 pages
Book Rating : 4.1/5 (346 download)

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Book Synopsis Microdynamics of Technological Change by : Cristiano Antonelli

Download or read book Microdynamics of Technological Change written by Cristiano Antonelli and published by Routledge. This book was released on 2002-01-04 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents a comprehensive assessment of the economic effects of the emerging information and communication technologies associated with a knowledge-based economy, and looks at how knowledge is increasingly treated as a product in its own right. An original framework is developed to comprehend these fundamental shifts, based on three bodies of knowledge: * the economics of path dependence and of historical time as they are elaborated in the economics of new technologies * economic topology based on the methodology of network analysis * the new economics of knowledge and the concept of localized technological change This book provides a unified analytical framework for the study of the transition of advanced economic systems towards a knowledge-based economy.

Remaking Regional Economies

Author : Susan Christopherson
Publisher : Routledge
ISBN 13 : 100015940X
Total Pages : 131 pages
Book Rating : 4.0/5 (1 download)

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Book Synopsis Remaking Regional Economies by : Susan Christopherson

Download or read book Remaking Regional Economies written by Susan Christopherson and published by Routledge. This book was released on 2020-08-18 with total page 131 pages. Available in PDF, EPUB and Kindle. Book excerpt: Winner of the 2009 Regional Studies Association Best Book Award! Since the early 1980s, the region has been central to thinking about the emerging character of the global economy. In fields as diverse as business management, industrial relations, economic geography, sociology, and planning, the regional scale has emerged as an organizing concept for interpretations of economic change. This book is both a critique of the "new regionalism" and a return to the "regional question," including all of its concerns with equity and uneven development. It will challenge researchers and students to consider the region as a central scale of action in the global economy, and at the core of the book are case studies of two industries that rely on skilled, innovative, and flexible workers - the optics and imaging industry and the film and television industry. Combined with this is a discussion of the regions that constitute their production centers. The authors’ intensive research on photonics and entertainment media firms, both large and small, leads them to question some basic assumptions behind the new regionalism and to develop an alternative framework for understanding regional economic development policy. Finally, there is a re-examination of what the regional question means for the concept of the learning region. This book draws on the rich contemporary literature on the region but also addresses theoretical questions that preceded "the new regionalism." It will contribute to teaching and research in a range of social science disciplines and this new paperback edition will also make the book more accessible to students and researchers in those disciplines, those individuals who will influence the re-structuring economies of the 21st century.