Average customer rating:
|
Building Wealth: The New Rules for Individuals, Companies, and Nations in a Knowledge-Based Economy
Lester C. Thurow Manufacturer: HarperAudio ProductGroup: Book Binding: Audio Cassette Similar Items:
Accessories: ASIN: 0694520802 |
Amazon.com
The world is on the verge of another industrial revolution, driven by knowledge this time, not the steam engine or electricity, according to noted MIT economist Lester C. Thurow. In his book, Building Wealth: The New Rules for Individuals, Companies and Nations, Thurow writes that "Knowledge is the new basis for wealth. This has never before been true. In the past, when capitalists talked about their wealth, they were talking about their ownership of plant and equipment or natural resources. In the future when capitalists talk about their wealth, they will be talking about their control of knowledge." This means that the Bill Gateses of the world will be on top, not the Rockefellers, Carnegies, or Morgans.To ready themselves for this new economy, companies and nations need to build what Thurow calls a "wealth pyramid," using building blocks such as a solid social organization, entrepreneurial skills, and education that encourages creativity and curiosity. The United States is better positioned than Europe or Japan to do well in the new economy, Thurow contends, but he warns of weaknesses even here. He puts companies like Intel on top in the knowledge-based global economy and places a question mark next to firms like Wal-Mart. Will the traditional retailer fall to the onslaught of lower-priced Internet competitors, or will it survive because people's herding instincts make them still want to drive to a Wal-Mart store? Bulding Wealth is a worthwhile read for anyone concerned about the wealth of nations and individuals, by the author of such economic bestsellers as Head to Head and The Zero Sum Society. --Dan Ring
Book Description
As we stand on the brink of the new millennium, MIT economist and New York Times bestselling author Lester Thurow addresses the critical issue of wealth creation. The result is an essential road map for how individuals, companies, and nations can and must build wealth in a knowledge-based global economy. What skills are needed to succeed in this new economy? What new rules must apply to the creation and protection of new ideas?How can marketable wealth be rising at ever-faster rates while productivity growth is slowing? How can nations create a social system where the entrepreneurial spirit can flourish without creating income and wealth inequalities that threaten the system? Professor Thurow addresses these questions and, finally, turns his attention to the three major economic sectors of the world: America, East Asia, and Europe. He provides a trenchant analysis of each as a significant competitor in the coming decades, and predicts the likely outcome of the complex forces that are presently shaping global society.Customer Reviews:
How can one be wrong so much, and yet be successful?.......2004-06-08
A Wealth of Knowledge! Must Have For The 21st Century!.......2003-08-26
How Rich Countries Get Rich.......2002-08-02
1) There has been significant change in the economic landscape, and that change continues to accelerate. Before the industrial revolution, 98% of the world's population had income only from farming. Now less than 2% are farmers.
2) The world is increasing a global market. Coca Cola gets 80% of its revenues from outside the United States.
3) The gap in wealth continues to widen.
- Bill Gates market value is the same as the poorest 110,000,000 Americans.
- In the United States, the average CEO pay is 212x the average worker.
- The top 1% of people in the US own 40% of the total wealth.
- Africa GDP is the same as it was in 1965. Has not changed in 35 years.
4) We are all busier. With the invention of electricity, the average hours of sleep dropped from 9 hours to 7 hours a day.
5) Old companies must destroy themselves (re-invent themselves) in order to stay competitive and grow. Also, individuals must constantly change and grow to remain competitive. If not, they will fall behind.
6) Capitalism is a tough game. The number of businesses failing (88% a year) is almost as many as new business are formed. Wealth is constantly being transferred from one group ~ to another.
7) There are many basic ingredients to create wealth. Some are cultural (like entreprenuership), some are created and enforced by the government (intellectual property, law and order, infrastructure), some are learned by the individual (skills, knowledge)
8) Each country, and region has its strengths and weakness. In order to build wealth for the future, each country must act differently:
- Japan: Clean up the banks, bring in professional management, restore government credibility, and create internal growth. Japan is too big to play the export game anymore.
- US: Break the two-tier society (rich and very poor) by improving education for more skilled workers, and investing more in infrastructure
- Europe: Encourage entrepreneurs and corporate flexibility
9) Wealth is created when there is a disequillibrium (imbalance) in technology, or society. When there is change, there is opportunity ~ because wealth is being transferred.
10) Know your weakness and go where that weakness is not important.
How Rich Countries get Rich.......2002-08-02
1) There has been significant change in the economic landscape, and that change continues to accelerate. Before the industrial revolution, 98% of the world's population had income only from farming. Now less than 2% are farmers.
2) The world is increasing a global market. Coca Cola gets 80% of its revenues from outside the United States.
3) The gap in wealth continues to widen.
- Bill Gates market value is the same as the poorest 110,000,000 Americans.
- In the United States, the average CEO pay is 212x the average worker.
- The top 1% of people in the US own 40% of the total wealth.
- Africa GDP is the same as it was in 1965. Has not changed in 35 years.
4) We are all busier. With the invention of electricity, the average hours of sleep dropped from 9 hours to 7 hours a day.
5) Old companies must destroy themselves (re-invent themselves) in order to stay competitive and grow. Also, individuals must constantly change and grow to remain competitive. If not, they will fall behind.
6) Capitalism is a tough game. The number of businesses failing (88% a year) is almost as many as new business are formed. Wealth is constantly being transferred from one group ~ to another.
7) There are many basic ingredients to create wealth. Some are cultural (like entreprenuership), some are created and enforced by the government (intellectual property, law and order, infrastructure), some are learned by the individual (skills, knowledge)
8) Each country, and region has its strengths and weakness. In order to build wealth for the future, each country must act differently:
- Japan: Clean up the banks, bring in professional management, restore government credibility, and create internal growth. Japan is too big to play the export game anymore.
- US: Break the two-tier society (rich and very poor) by improving education for more skilled workers, and investing more in infrastructure
- Europe: Encourage entrepreneurs and corporate flexibility
9) Wealth is created when there is a disequillibrium (imbalance) in technology, or society. When there is change, there is opportunity ~ because wealth is being transferred.
10) Know your weakness and go where that weakness is not important.
How Rich Countries Get Rich.......2001-10-24
1) There has been significant change in the economic landscape, and that change continues to accelerate. Before the industrial revolution, 98% of the world's population had income only from farming. Now less than 2% are farmers.
2) The world is increasing a global market. Coca Cola gets 80% of its revenues from outside the United States.
3) The gap in wealth continues to widen.
- Bill Gates market value is the same as the poorest 110,000,000 Americans.
- In the United States, the average CEO pay is 212x the average worker.
- The top 1% of people in the US own 40% of the total wealth.
- Africa GDP is the same as it was in 1965. Has not changed in 35 years.
4) We are all busier. With the invention of electricity, the average hours of sleep dropped from 9 hours to 7 hours a day.
5) Old companies must destroy themselves (re-invent themselves) in order to stay competitive and grow. Also, individuals must constantly change and grow to remain competitive. If not, they will fall behind.
6) Capitalism is a tough game. The number of businesses failing (88% a year) is almost as many as new business are formed. Wealth is constantly being transferred from one group ~ to another.
7) There are many basic ingredients to create wealth. Some are cultural (like entreprenuership), some are created and enforced by the government (intellectual property, law and order, infrastructure), some are learned by the individual (skills, knowledge)
8) Each country, and region has its strengths and weakness. In order to build wealth for the future, each country must act differently:
- Japan: Clean up the banks, bring in professional management, restore government credibility, and create internal growth. Japan is too big to play the export game anymore.
- US: Break the two-tier society (rich and very poor) by improving education for more skilled workers, and investing more in infrastructure
- Europe: Encourage entrepreneurs and corporate flexibility
9) Wealth is created when there is a disequillibrium (imbalance) in technology, or society. When there is change, there is opportunity ~ because wealth is being transferred.
10) Know your weakness and go where that weakness is not important.
Average customer rating: |
Building Wealth: The New Rules for Individuals, Companies, and Nations in a Knowledge-Based Economy
Lester C. Thurow Manufacturer: Harpercollins ProductGroup: Book Binding: Hardcover ASIN: B000NXVS0A |
Average customer rating: |
International Management Behavior: Text, Readings, and Cases (Blackwell Business)
Henry W. Lane , Joseph J. Distefano , and Martha L. Maznevski Manufacturer: Blackwell Publishers ProductGroup: Book Binding: Paperback Similar Items: ASIN: 0631218319 |
Book Description
The new edition of this popular text explores the realities of executing global strategies and helps students develop the knowledge, perspective, and skills they need in order to conduct global business successfully.International Management Behavior, Fourth Edition is designed with students in mind. It has been thoroughly restructured and extended to increase coherence and incorporate the very latest management issues. The combination of text, readings and real-life case studies help students understand that international business success is gained by combining good business practice with an understanding of intercultural dynamics. The new features of this book include: Updated case studies covering a range of industries of different sizes, in countries around the world. A selection of new, up-to-date readings. Revised, user-friendly text. A new, field-tested framework for improving cross-cultural communications.
Average customer rating: |
International Management Behavior: Text, Readings, and Cases
Henry W. Lane , Mark E. Mendenhall , Joseph J. DiStefano , and Martha L. Maznevski Manufacturer: Blackwell Publishing Limited ProductGroup: Book Binding: Paperback Similar Items:
ASIN: 140512671X |
Book Description
Now in its fifth edition, International Management Behavior, continues to help students develop the knowledge, perspective and skills they need in order to conduct global business successfully. The combination of well-chosen cases, current readings and text provides them with an excellent introduction to real-life management issues and a field-tested framework for understanding cross-cultural dynamics.For the fifth edition, the text has been thoroughly updated to reflect the authors ' classroom experience, as well as feedback from professors and students who have used it. The Text and Readings sections now highlight new thinking on regional cultures, the global mindset, network organizations, Asian values, global business ethics, and sensemaking; while approximately half the cases have been replaced with more current material, such as Enron, NES China, House of Prince, and Yahoo.
Average customer rating: |
International Human Resource Management: A Multinational Company Perspective
Monir H. Tayeb Manufacturer: Oxford University Press, USA ProductGroup: Book Binding: Hardcover ASIN: 0199277273 |
Book Description
This new textbook provides comprehensive coverage of the key issues facing multinational corporations (MNCs) in their management of human resources across diverse national boundaries. It attempts to answer the question, "Can there be a uniform set of best human resource management (HRM)
Average customer rating:
|
Whole World on Fire: Organizations, Knowledge, And Nuclear Weapons Devastation (Cornell Studies in Security Affairs)
Lynn Eden Manufacturer: Cornell University Press ProductGroup: Book Binding: Paperback Similar Items:
ASIN: 080147289X |
Book Description
Whole World on Fire focuses on a technical riddle wrapped in an organizational mystery: How and why, for more than half a century, did the U.S. government fail to predict nuclear fire damage as it drew up plans to fight strategic nuclear war?U.S. bombing in World War II caused massive fire damage to Hiroshima and Nagasaki, but later war plans took account only of damage from blast; they completely ignored damage from atomic firestorms. Recently a small group of researchers has shown that for modern nuclear weapons the destructiveness and lethality of nuclear mass fire oftenand predictablygreatly exceeds that of nuclear blast. This has major implications for defense policy: the U.S. government has underestimated the damage caused by nuclear weapons, Lynn Eden finds, and built far more warheads, and far more destructive warheads, than it needed for the Pentagon's war-planning purposes.
How could this have happened? The answer lies in how organizations frame the problems they try to solve. In a narrative grounded in organization theory, science and technology studies, and primary historical sources (including declassified documents and interviews), Eden explains how the U.S. Air Force's doctrine of precision bombing led to the development of very good predictions of nuclear blasta significant achievementbut for many years to no development of organizational knowledge about nuclear fire. Expert communities outside the military reinforced this disparity in organizational capability to predict blast damage but not fire damage. Yet some innovation occurred, and predictions of fire damage were nearly incorporated into nuclear war planning in the early 1990s. The author explains how such a dramatic change almost happened, and why it did not.
Whole World on Fire shows how well-funded and highly professional organizations, by focusing on what they do well and systematically excluding what they don't do well, may build a poor representation of the worlda self-reinforcing fallacy that can have serious consequences. In a sweeping conclusion, Eden shows the implications of the analysis for understanding such things as the sinking of the Titanic, the collapse of the Tacoma Narrows Bridge, and the poor fireproofing in the World Trade Center.
Customer Reviews:
Constructing Destruction.......2005-01-16
Interesting for Hard-Core Nuke Fans.......2004-12-07
Average customer rating: |
International Management: Insights from Fiction and Practice
Manufacturer: M.E. Sharpe ProductGroup: Book Binding: Hardcover ASIN: 0765609703 |
Average customer rating: |
Global Price Fixing (Studies in Industrial Organization)
John M. Connor Manufacturer: Springer ProductGroup: Book Binding: Hardcover ASIN: 3540342176 |
Product Description
The book describes and analyzes the formation, operation, and impacts of modern global cartels. It provides a broad picture of the economics, competition law and history of international price fixing. A deeper understanding of the phenomenon is afforded by intensive case studies of collusion in the markets for lysine, citric acid, and vitamins. Particular attention is given to the economic injuries sustained by the cartels' customers. The author assesses whether antitrust enforcement by the European Union, the United States, and other countries is capable of deterring cartels in the foreseeable future.
Average customer rating:
|
In the Middle of a Muddle: How NOT to Reinvent Government
Bruce A., Ph.D. Reinhart Manufacturer: Manta Press ProductGroup: Book Binding: Hardcover ASIN: 0967285003 |
Book Description
Early in his presidency Clinton's charge to Vice President Al Gore was to "reinvent" the federal government. Since the Vice President's release of the first report of the National Partnership for Reinventing Government in 1993, From Red Tape to Results: Creating a Government that Works Better and Costs Less, we have had an ongoing release of assessments. But, they have all assessed the effort from the outside looking in, or from the vested interests of the politically involved. We have had no objective assessment from the inside.Now, for the first time, we have such an assessment. In the Middle of a Muddle: How NOT to Reinvent Government, documents what took place when the Clinton administration hastened the reinvention of the U. S. Department of Education under the partisan politics of the Congress when the Republicans took control in 1994. It describes the actions of the leadership, the responses of the staff, and the disastrous results when this critical agency attempted to reinvent itself. Unfortunately, such prominent programs as Goals 2000, Title I of the Elementary and Secondary Schools Act, and Safe and Drug Free Schools, have had a significant loss in the quality of services.
There are a number of changes that the Congress can effect through legislation. There are also significant changes that the President can accomplish through executive directives. And a conscientious Secretary can leave a positive legacy. But changing the distinctive character of an organization is much more difficult. Federal agencies are also social institutions whose culture and ways of doing business are deeply ingrained. Its like changing the organization's "DNA." This book reveals that . . .
* Managers were unable to change the way they did business. * "Partnership" was just another name for well-intentioned patriarchy. * Problems of diversity were swept under the rug for someone to stumble over. * The term "team" was just another name for a traditional work group. * Mid-level management was thinned while the bloated, top-level hierarchy remained. * The staff could not provide leadership to the nation's schools because they knew little about learning, teaching or systemic reform. * Training was expected to "fix" all problems, but a dysfunctional organization stifled any changes. * Strategic planning was an oxymoron.
The Department of Education did accomplish a number of significant changes, but it never changed its "DNA" - its culture and ways of doing business. Consequently, its efforts to reform itself were a disaster. It would take some "tough love" to remove some of the barriers keeping the Department from major reform.
Customer Reviews:
Case study of why the controversy at the DOE exists!.......1999-10-09
An in-depth look at the impact of government's reinvention.......1999-09-17
Anyone interested in change can learn from this book........1999-09-07
I think there are lessons here for anyone involved in organizational change -- whether you work for government or any other sector. Managing major change processes takes a lot of skill -- especially when there is strong resistance. Every step along the way must be well thought out. As we see from Bruce's story, communication and being clear on intention are critical. Damage control takes a lot more effort than doing it right the first time around.
Reinhart has done a great job with this book. It has the makings of a movie filled with interesting characters and suspense as you'll be on the edge of your seat, amazed at the muddle.
Average customer rating:
|
Business Networks in Asia: Promises, Doubts, and Perspectives
Manufacturer: Quorum Books ProductGroup: Book Binding: Hardcover ASIN: 1567203027 |
Book Description
Despite the current crisis, Asian economies remain an important market for firms around the world and continue to be stiff competitors in world business. One reason for the region's strength, and a predictor of Asia's endurance, are its business networks--keiretsus in Japan, chaebols in Korea, and other forms that connect single firms, entire industries, and which interlink the region as a whole. Richter and his contributors examine the origins of business networks, their effects on the economies, and the implications of their presence and growth in Asian economies. Corporate strategic planners, marketing executives, and other decision makers will find here an important contribution to their understanding of why Asia's economies will pick up again and how they will continue to grow. The book examines the promises of business networks and the role of transaction costs, interdependence, and membership commitment. The contributors do not automatically assume that past successes of these networks will mean future successes; rather, they define the outlines of new and innovative forms of networks, and see in their configurations an even better platform for further economic development in Asia and for the globalization of Asian multinationals. Contributors offer a critical approach to theory and practice of Asian networking, and because of their national diversity are able to provide a variety of viewpoints on them. Research-based and presenting the thinking of scholars and practitioners alike, the book supplies expert knowledge and a basis for academic discourse on managerial policy not easily found elsewhere.Customer Reviews:
Networks and the economic crisis.......2000-07-27
Hidden organizational agenda of Japanese success.......1999-09-12
Fresh thoughts about Asian business networks.......1999-09-06
Good book on interpersonal networking.......1999-09-03
Inevitably, in this day and age, the authors grapple with the development of Organisational Learning and the management of Knowledge Creation in the context of firms networking for their joint advantage. And so many authors come to the acknowledgement that the visions of senior management can act at once as goals, and also as the catalyst for individuals to unfold goal-oriented tasks - essentially noting these chief executives have to be both anarchists and organisers within a network setting where other like-minded persons co-operate trustingly.
Recommended
Average customer rating: |
Casebook of Organizational Behaviour (Pergamon international library of science, technology, engineering and social studies)
Andrew J. DuBrin Manufacturer: Elsevier ProductGroup: Book Binding: Hardcover ASIN: 0080205038 |
Average customer rating: |
Cases in International Organizational Behavior
Mark Mendenhall Manufacturer: Blackwell Publishing Limited ProductGroup: Book Binding: Hardcover ASIN: 0631211276 |
Book Description
Cases in International Organisational Behaviour is an ideal supplement to organizational behavior and principles of management courses. This collection includes eighteen cases that reflect the complexity of managing people across borders. The cases are multi-functional in nature and have been selected for inclusion based on their orientation toward decision-making. The cases deal with issues such as: interactions between cultures, ethics, perception, values, job and organizational design, leadership, power, motivation, and communication. This diverse selection and emphasis on decision-making ensures that readers of Cases in International Organisational Behaviour will gain the exposure they need to excel in the work place.Books:
Recommended Books