Beyond Market-Driven Development

Beyond Market-Driven Development

Author: Costas Lapavitsas

Publisher: Routledge

Published: 2007-04-11

Total Pages: 240

ISBN-13: 1134240694

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Because their economies were regulated, their financial systems ‘repressed’ and their states interventionist, for many years the countries of East Asia challenged the Washington consensus, offering an alternative development paradigm. However, in the 1990’s, Asian capitalism was disrupted following Japan’s stagnation and the financial crisis of 1997-98. Treading the unexplored theoretical terrain created by the simultaneous decline of the Washington Consensus and Asian developmentalism, this revealing book analyzes the comparative political economy of East Asia and Latin America. Divided into four key sections, it covers: Theoretical Framework Results of Globalization Converging and Diverging of Paths of Economic Development Finance and Regionalism. Through the juxtaposition of countries in East Asia and Latin America, leading academics analyze the impact of government intervention, institutional malfunction, social transformation and financial change as well as conflict and power on economic development. This book will prove to be invaluable to students and academics of development economics.


Beyond Digital

Beyond Digital

Author: Paul Leinwand

Publisher: Harvard Business Press

Published: 2022-01-04

Total Pages: 142

ISBN-13: 1647822335

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Two world-renowned strategists detail the seven leadership imperatives for transforming companies in the new digital era. Digital transformation is critical. But winning in today's world requires more than digitization. It requires understanding that the nature of competitive advantage has shifted—and that being digital is not enough. In Beyond Digital, Paul Leinwand and Matt Mani from Strategy&, PwC's global strategy consulting business, take readers inside twelve companies and how they have navigated through this monumental shift: from Philips's reinvention from a broad conglomerate to a focused health technology player, to Cleveland Clinic's engagement with its broader ecosystem to improve and expand its leading patient care to more locations around the world, to Microsoft's overhaul of its global commercial business to drive customer outcomes. Other case studies include Adobe, Citigroup, Eli Lilly, Hitachi, Honeywell, Inditex, Komatsu, STC Pay, and Titan. Building on a major new body of research, the authors identify the seven imperatives that leaders must follow as the digital age continues to evolve: Reimagine your company's place in the world Embrace and create value via ecosystems Build a system of privileged insights with your customers Make your organization outcome-oriented Invert the focus of your leadership team Reinvent the social contract with your people Disrupt your own leadership approach Together, these seven imperatives comprise a playbook for how leaders can define a bolder purpose and transform their organizations.


Beyond Mechanical Markets

Beyond Mechanical Markets

Author: Roman Frydman

Publisher: Princeton University Press

Published: 2011-02-07

Total Pages: 304

ISBN-13: 1400838185

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A powerful challenge to contemporary economics and a new agenda for global finance In the wake of the global financial crisis that began in 2007, faith in the rationality of markets has lost ground to a new faith in their irrationality. The problem, Roman Frydman and Michael Goldberg argue, is that both the rational and behavioral theories of the market rest on the same fatal assumption—that markets act mechanically and economic change is fully predictable. In Beyond Mechanical Markets, Frydman and Goldberg show how the failure to abandon this assumption hinders our understanding of how markets work, why price swings help allocate capital to worthy companies, and what role government can and can't play. The financial crisis, Frydman and Goldberg argue, was made more likely, if not inevitable, by contemporary economic theory, yet its core tenets remain unchanged today. In response, the authors show how imperfect knowledge economics, an approach they pioneered, provides a better understanding of markets and the financial crisis. Frydman and Goldberg deliver a withering critique of the widely accepted view that the boom in equity prices that ended in 2007 was a bubble fueled by herd psychology. They argue, instead, that price swings are driven by individuals' ever-imperfect interpretations of the significance of economic fundamentals for future prices and risk. Because swings are at the heart of a dynamic economy, reforms should aim only to curb their excesses. Showing why we are being dangerously led astray by thinking of markets as predictably rational or irrational, Beyond Mechanical Markets presents a powerful challenge to conventional economic wisdom that we can't afford to ignore.


Market Driven Strategy

Market Driven Strategy

Author: George S Day

Publisher: Free Press

Published: 2015-01-17

Total Pages: 0

ISBN-13: 9781501100178

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Now in its 21st printing, George S. Day's Market Driven Strategy first defined what it means to be "market- driven." Providing a foundation for Day's new companion volume The Market Driven Organization, this seminal work remains a vital resource for a generation of managers struggling to align their organizations to volatile markets. Contending that the rate of change in the market has clearly outstripped the speed at which a conventionally managed company can respond, Day makes a compelling case for first creating superior customer value, without which there can be no share-holder value. He presents a proven market-driven approach to formulating and implementing competitive strategy at the business-unit level -- "in the trenches" -- based upon materials that have been empirically tested and critiqued in more than 200 internal executive programs and strategic planning sessions at such companies as U.S. West, General Motors, Marriott, Kodak, and General Electric. Day introduces the five critical, interdependent choices that managers must make to create a market-driven strategy. With dozens of examples from companies such as Otis Elevator, GE, H.J. Heinz, Ikea, Nestlé, Acuson, and 3M, he shows how forward-thinking companies select their markets, differentiate their products, choose their communication and distribution channels, decide on the scale and scope of their support activities, and select future areas for growth. Finally, Day persuasively documents the commitment to thinking and planning processes at these winning companies that harnesses the power of bottom-up understanding of customers and competitive realities with top-down vision and leadership.


Adjusting to Reality

Adjusting to Reality

Author: Robert Klitgaard

Publisher: Taylor & Francis

Published: 2021-12-24

Total Pages: 324

ISBN-13: 1000410609

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Originally published in 1991, Robert Klitgaard’s classic book addresses questions of enduring relevance in a lively and insightful way. Bribes, tribes, and markets that fail—these are the realities in many developing countries. The usual strategies for reform—be they capitalist or socialist—have failed to address them effectively. What is to be done when economic reforms leave the poor behind or when when new constitutions and elections are undercut by inefficient bureaucracies, overcentralization, and corruption? And what to do about persistent ethnic inequalities within developing countries? The book provides inspiring examples from around the world, as well as analytical frameworks to guide inclusive policy discussion. Theorists will enjoy the novel uses of industrial economics, the theory of the firm, and the economics of discrimination. The book highlights overlooked causes of underdevelopment: imperfect information and weak information processing in individuals and institutions. In the preface, the former President of Panama, Dr. Nicolás Ardito Barletta, writes: "Poverty, Klitgaard argues, is—and should be—a principal concern of development strategists, but policy makers and analysts will continue to run from pillar to post in their search for a cure unless they can adjust their development schemes to reality...." "The new approach that the author proposes is based on two fundamental principles. One is that the proper choice of economic strategies cannot be determined in the abstract but depends on particular circumstances... The other is that information is at the heart of problems in the real world of the developing countries... Klitgaard offers examples from Bolivia, Brazil, India, Indonesia, Malaysia, Pakistan, Peru, and the Philippines to make his point. "The author suggests creative ways in which the state and citizens themselves can solve their own ‘inevitably unique problems.’ One of the key tasks, in Klitgaard’s view, is to ensure that environments are rich in information. This volume offers a broad framework for policy analysis that moves us closer to intelligent solutions to the real problems of the real poor in the modern world."


The Rise of the Market

The Rise of the Market

Author: Philip Arestis

Publisher: Edward Elgar Publishing

Published: 2004

Total Pages: 248

ISBN-13:

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The growth of neo-liberalism has been the dominant political force in the past two decades. This volume concentrates on understanding the political economy of neo-liberalism. It focuses on a number of the most critical issues and examines the essence of neo-liberalism, namely, the dominance of the market. In particular, the authors consider: the political economy of market expansion the rise of neo-liberalism in advanced capitalist economies the notion of social capital the nature of economic imperialism the political economy of central bank independence the relationship between Keynes and Marx. With contributions by some of the leading scholars in the field, this vital new book on the political economy of neo-liberalism and the dominance of the market will become essential reading for all those with an interest in post Keynesian economics, political economy and international economic policy.


Beyond Development Cooperation

Beyond Development Cooperation

Author: Fauzya A. Moore

Publisher: IDRC (International Development Research Centre)

Published: 1994

Total Pages: 90

ISBN-13:

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Beyond Development Cooperation: Toward a New Era of Global and Human Security


Beyond Total Quality Management

Beyond Total Quality Management

Author: Gregory M. Bounds

Publisher: McGraw-Hill/Irwin

Published: 1994

Total Pages: 862

ISBN-13:

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Beyond Total Quality Management, the first and only college textbook devoted entirely to TQM, is comprised of 12 conceptual chapters and a collection of chapter-length case studies. The conceptual chapters introduce students to the philosophies, methods and tools of TQM and suggest a new paradigm for management which goes beyond TQM as it is commonly viewed today. The case studies exemplify the concepts in practice and give students a context for discussing the practical applications of TQM. While maintaining a strong customer value orientation throughout, this text addresses the entire spectrum of issues related to TQM - from human resources management and organizational culture to customer value measurement and statistical quality control. This well-balanced approach is based on sound research and consistently reinforces the crucial link between TQM and business strategy.


Beyond the Apartheid Workplace

Beyond the Apartheid Workplace

Author: Eddie Webster

Publisher: University of Kwazulu Natal Press

Published: 2005

Total Pages: 524

ISBN-13:

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Has the apartheid workplace changed over the past ten years of democracy in South Africa? In order to answer this question, the contributors of this book studied seventeen different workplaces, including BMW, a state hospital, footwear sweatshops and the wine farming industry. The editors broaden the definition of work to cover studies of the informal economy, including street traders, homeworkers and small rural enterprises. Beyond the Apartheid Workplace shows how South Africa's triple transition-towards political democracy, economic liberalization and post-colonial transformation-has generated contradictory pressures at workplace levels. A wide range of managerial strategies and union responses are identified, demonstrating both continuities and discontinuities with past practices. These studies reveal a growing differentiation within the world of work between stable, formal-sector work, casualized and outsourced work, and informal work where people struggle to make a living on the margins of the formal economy. The majority of workplaces are marked by the persistence and reconfiguration of the apartheid legacy. Deepening poverty and exclusion have been generated among great numbers of workers and their dependents.