How do firms live through and experience change? The authors examine four high-technology firms, providing a rich analysis of their routines, and illustrating how people are continually engaged with change. The book develops a broader concept of routine, and identifies the persistence of routine practices at a strategic level.
We have, in recent decades, been able to witness a veritable revolution in the world economy, known as ‘globalization’. Generally, the term is connected to the rapid increase of the free movement of goods, capital, people, ideas, information and knowledge around the globe. This book contributes to the meso- and micro-economic literature on innovation and entrepreneurship in the global economy.
Over the past ten years there has been a massive growth in call centres worldwide. These centres are said to represent the most dynamic growth area in white-collar employment internationally since the mid 1990s. Yet the footloose and global nature of the industry means that jobs will always be susceptible to outsourced operations, ICT developments, public sector subsidization of business restructuring and re-location, and cheaper operations elsewhere. This book conducts a thorough analysis of this modern phenomenon.
When Joint Special Operations Command deployed Task Force 714 to Iraq in 2003, it faced an adversary unlike any it had previously encountered: al-Qaeda in Iraq (AQI). AQI’s organization into multiple, independent networks and its application of Information Age technologies allowed it to wage war across a vast landscape. To meet this unique threat, TF 714 developed the intelligence capacity to operate inside those networks, and in the words of commander Gen. Stanley McChrystal, USA (Ret.) “claw the guts out of AQI.” In Transforming US Intelligence for Irregular War, Richard H. Shultz Jr. provides a broad discussion of the role of intelligence in combatting nonstate militants and revisits this moment of innovation during the Iraq War, showing how the defense and intelligence communities can adapt to new and evolving foes. Shultz tells the story of how TF 714 partnered with US intelligence agencies to dismantle AQI’s secret networks by eliminating many of its key leaders. He also reveals how TF 714 altered its methods and practices of intelligence collection, intelligence analysis, and covert paramilitary operations to suppress AQI’s growing insurgency and, ultimately, destroy its networked infrastructure. TF 714 remains an exemplar of successful organizational learning and adaptation in the midst of modern warfare. By examining its innovations, Shultz makes a compelling case for intelligence leading the way in future campaigns against nonstate armed groups.
This book approaches markets as a dynamic ensemble of institutions; and as a set of rules or norms, that contribute to the evolution of social systems of governance, and can be analysed as a structured social system. It tackles such questions as: * Where do markets come from and what drives their evolution? * How do organizations cope with the competitive dynamism of markets? * What is the role of governance mechanisms in the institutional coordination of markets? Using this 'new institutionalist' approach, an international group of leading scholars examine the institutional foundations of economic change. Drawn from an array of disciplines, including Business, Organization Studies, Economics, and Sociology, the contributors address the organizational capabilities of firms, the social structuration of competition, and the diversity of governance mechanisms in the market. Contributors include: Nikolaus Beck, Christophe Boone, Robert Boyer, Alexander Ebner, Neil Fligstein, Henrich R. Greve, John Harriss, Bob Hinings, Geoffrey M. Hodgson, Bob Jessop, Alfred Kieser, Namrata Malhotra, Renate E. Meyer, Richard R. Nelson, Rudolf Richter, Peter Walgenbach, Filippo Carlo Wezel, Sidney G. Winter, and Arjen Van Witteloostuijn.
Lazonick explores the origins of the new era of employment insecurity and income inequality, and considers what governments, businesses, and individuals can do about it. He also asks whether the United States can refashion its high-tech business model to generate stable and equitable economic growth. --from publisher description.
This book picks Cisco as an example to propose a framework of ambidextrous integration of innovation and operation, which is the key to the success of global companies along their evolutions, especially for those technology companies. The authors try to find how the company combines active innovation and efficient operation for its sustainable development. On the basis of comprehensive analysis of the strategic leadership, change management, innovation system, M&As, IT-enabled value chains, collaboration, etc., in Cisco, as well as the interviews with Cisco staff, this book shows that management practices shape the balance of internal-external resources for explorative-exploitative innovations. IT strategies and implementation enable efficient operations when innovations are identified and justified in the leading company. Managerial insights for sustainable competitiveness can be gained from Cisco practices in this book. The companion of the book, Huawei: From Catching up to Lead, telling another growth path of technology company in China by similar framework.
An insider's look at security analysis and business valuation, as practiced by Wall Street, Corporate America, and international businesses Two major market crashes, numerous financial and accounting scandals, growth in private equity and hedge funds, Sarbanes Oxley and related regulations, and international developments changed security analysis and business valuation substantially over the last fourteen years. These events necessitated a second edition of this modern classic, praised earlier by Barron's as a "welcome successor to Graham and Dodd" and used in the global CFA exam. This authoritative book shows the rational, rigorous analysis is still the most successful way to evaluate securities. It picks up where Graham and Dodd's bestselling Security Analysis - for decades considered the definitive word on the subject - leaves off. Providing a practical viewpoint, Security Analysis on Wall Street shows how the values of common stock are really determined in today's marketplace. Incorporating dozens of real-world examples, and spotlighting many special analysis cases - including cash flow stocks, unusual industries and distressed securities - this comprehensive resources delivers all the answers to your questions about security analysis and corporate valuation on Wall Street. The Second Edition of Security Analysis on Wall Street examines how mutual funds, private equity funds, hedge funds, institutional money managers, investment banks, business appraisers, and corporate acquirers perform their craft of security analysis and business valuation in today's highly charged environment. Completely updated to reflect the latest methodologies, this reliable resource represents the most comprehensive book written by someone who has actually worked as an investment banker, private equity executive, and international institutional investor. Shows the methodical process that practitioners use to value common stocks and operating companies and to make buy/sell decisions Discusses the impact of the two stock market crashes, the accounting and financial scandals, and the new regulations on the evaluation process Covers how Internet and computing power automate portions of the research and analytical effort Includes new case study examples representative of valuation issues faced daily by mutual funds, private equity funds, hedge funds, institutional investors, investment banks, business appraisers, and corporate acquirers Is a perfect tool for professors wishing to show their MBA students the essential tools of equity and business valuation Security analysis and business valuation are core financial disciplines for Wall Streeters, corporate acquirers, and international investors. The Second Edition of Security Analysis on Wall Street is an important book for anyone who needs a solid grounding in these critical finance topics.
This book constitutes the thoroughly refereed post-conference proceedings of the First International Conference on Virtual and Networked Organizations, Emergent Technologies, and Tools, ViNOrg 2011, held in Ofir, Portugal, in July 2011. The 35 revised full papers presentedwere carefully reviewed and selected from over 60 initial submissions. The papers cover a wide range of topics, such as ubiquitous computing and organizations, cloud computing and architectures, grid computing, human-computer interfaces, serious games, data mining, Web services, cognitive systems, social networks and other emergent IT/IS approaches in various function domains, such as decision support systems, planning, design, control, negotiation, marketing, management and many other, in the context of virtual and networked enterprises and organizations.