Creative Destruction Management
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Creative Destruction
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Author : Richard Foster
language : en
Publisher: Crown Currency
Release Date : 2011-04-20
Creative Destruction written by Richard Foster and has been published by Crown Currency this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-04-20 with Business & Economics categories.
Turning conventional wisdom on its head, a Senior Partner and an Innovation Specialist from McKinsey & Company debunk the myth that high-octane, built-to-last companies can continue to excel year after year and reveal the dynamic strategies of discontinuity and creative destruction these corporations must adopt in order to maintain excellence and remain competitive. In striking contrast to such bibles of business literature as In Search of Excellence and Built to Last, Richard N. Foster and Sarah Kaplan draw on research they conducted at McKinsey & Company of more than one thousand corporations in fifteen industries over a thirty-six-year period. The industries they examined included old-economy industries such as pulp and paper and chemicals, and new-economy industries like semiconductors and software. Using this enormous fact base, Foster and Kaplan show that even the best-run and most widely admired companies included in their sample are unable to sustain their market-beating levels of performance for more than ten to fifteen years. Foster and Kaplan's long-term studies of corporate birth, survival, and death in America show that the corporate equivalent of El Dorado, the golden company that continually outperforms the market, has never existed. It is a myth. Corporations operate with management philosophies based on the assumption of continuity; as a result, in the long term, they cannot change or create value at the pace and scale of the markets. Their control processes, the very processes that enable them to survive over the long haul, deaden them to the vital and constant need for change. Proposing a radical new business paradigm, Foster and Kaplan argue that redesigning the corporation to change at the pace and scale of the capital markets rather than merely operate well will require more than simple adjustments. They explain how companies like Johnson and Johnson , Enron, Corning, and GE are overcoming cultural "lock-in" by transforming rather than incrementally improving their companies. They are doing this by creating new businesses, selling off or closing down businesses or divisions whose growth is slowing down, as well as abandoning outdated, ingrown structures and rules and adopting new decision-making processes, control systems, and mental models. Corporations, they argue, must learn to be as dynamic and responsive as the market itself if they are to sustain superior returns and thrive over the long term. In a book that is sure to shake the business world to its foundations, Creative Destruction, like Re-Engineering the Corporation before it, offers a new paradigm that will change the way we think about business.
Creative Destruction Management
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Author : Tarmo Kalvet
language : en
Publisher: PRAXIS
Release Date : 2006
Creative Destruction Management written by Tarmo Kalvet and has been published by PRAXIS this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Creative destruction categories.
Entrepreneurial Profiles Of Creative Destruction
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Author : E. Carayannis
language : en
Publisher: Springer
Release Date : 2014-08-26
Entrepreneurial Profiles Of Creative Destruction written by E. Carayannis and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-08-26 with Business & Economics categories.
Entrepreneurial Profiles is intended to help students and practitioners of entrepreneurship think about what it takes to create a significant business, with focus on what it may take to create a successful and significant business.
Creative Destruction
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Author : Raul Luciano Katz
language : en
Publisher: MIT Press
Release Date : 2002
Creative Destruction written by Raul Luciano Katz and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Business & Economics categories.
Schumpeter's framework of creative destruction applied to the rapidly changing telecommunications and related Internet industries. More than fifty years ago, Joseph Schumpeter stated that processes intrinsic to a capitalist society produce a "creative destruction," whereby innovations destroy obsolete technologies, only to be assaulted in turn by newer and more efficient rivals. This book asks whether the current chaotic state of the telecommunications and related Internet industries is evidence of creative destruction, or simply a result of firms, governments, and others wasting valuable resources with limited benefits to society as a whole. In telecommunications, for example, wireless, IP, and cable-based technologies are all fighting for a share of the market currently dominated by older, circuit-switched, copper-terminated networks. This process is accompanied by mergers, acquisitions, bankruptcies, and investment and divestment in worldwide markets.The selections discuss the primary challenge facing firms, governments, and other players: how to exploit the opportunities created by such destructive dynamics. They highlight the importance of national regulations promoting competition and nonmonopolistic market structures, as well as the role of new technologies such as the Internet in driving down the price and speeding the diffusion of innovative products and services in telecommunications, media, electronic retailing, and other "new economy" industries.
Capitalism Socialism And Democracy
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Author : Joseph A. Schumpeter
language : en
Publisher:
Release Date : 2010
Capitalism Socialism And Democracy written by Joseph A. Schumpeter and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with categories.
Explores the relation between a socialist view of society and the democratic method of government; argues that socialism is probably inevitable, for political rather than economic reasons. The book developes five principal themes, presented in five parts. Part I, "The Marxian Doctrine," attests to Schumpeter's belief in the importance of Karl Marx's thought, and discusses Marx in the roles of prophet, sociologist, economist, and teacher. His strength lay in synthesis of history, economics, and politics into a vision and system (which Schumpeter admires) that that can be used for solving problems and contributing to knowledge and insight; the value of Marx's theories and conclusions are found wanting. Part II "Can Capitalism Survive?" shows that a socialist form of society will inevitably emerge from the inevitable decomposition of capitalist society. Essential to capitalism is the process of "creative destruction," which constantly revolutionizes the system from within; this revolutionary transformation of capitalism, which spells its doom, results from its success--not, as Marx argued, from its failure. In Schumpeter's view of capitalism, monopolistic policies promote stability and increase efficiency; unemployment and business cycles accompany economic growth; and without political interference, output would increase and standard of living increase. The entrepreneurial function, which revolutionizes production by exploiting innovation, becomes routine and obsolete due to technical development and rise of big firms; the entrepreneur becomes a bureaucrat. Without innovating enterprise, profit will vanish or become unimportant. Capitalism's success undermines the social conditions that protect it. Capitalism will not survive because public opinion will not support it: the bourgeoisie is not equipped for politics; corporate evolution and decline of the family have reduced the bourgeois sense of property and incentives; destruction of monarchy and aristocracy have deprived the bourgeois of its protectors; and disenchanted intellectuals inflame discontent with free enterprise. Establishment of socialism can be expected. Part III, "Can Socialism Work?" answers, "Of course it can." Socialism for Schumpeter is centralized control over the means of production. Necessary for the success of socialism is reaching the requisite stage of industrial development and resolution of transitional problems. The assessment of a socialist society should be based less on economic efficiency than on the quality of the bureaucratic apparatus operating the system. Socialism may likely be as successful in satisfying consumers, promoting economic progress, and enforcing discipline and efficiency. Part IV, "Socialism and Democracy" argues one can have autocratic, theocratic, or democratic socialism. Socialism's economic problem should only be discussed referring to the given state of the social environment and historical situation. Schumpeter alternatively defines democracy as people's selection of a government. Socialism may be democratic if certain conditions are met: politics must be culturally valued, range of political decisions must be fairly narrow, a well-trained bureaucracy exists, and the public exercises democratic self control. Part V, "Historical Sketch of Socialist Parties" analyzes the history of the most important socialist parties in England, Sweden, U.S., France, Germany, and Austria, emphasizing how they tried to live within the structure of a Marxist system and to remain alive and grow politically. Socialism, though, is likely to present fascist features. (TNM).
Management Practice And Creative Destruction Existential Skills For Inquiring Managers Researchers And Educators
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Author : Steven Segal
language : en
Publisher:
Release Date : 2015
Management Practice And Creative Destruction Existential Skills For Inquiring Managers Researchers And Educators written by Steven Segal and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with Industrial management categories.
Knowledge Driven Corporation
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Author : George B. Graen
language : en
Publisher: IAP
Release Date : 2008-10-01
Knowledge Driven Corporation written by George B. Graen and has been published by IAP this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-10-01 with Business & Economics categories.
This book is about preparing our thinking, feeling, and acting for the rapidly expanding “knowledge era.” We discuss the following queries in the chapters. We begin with a discussion of what an appropriate knowledge-driven corporation (KDC) is. Next, we explore a number of design issues about this transformed charter company and present two examples of new knowledgedriven corporations that are described in strategic and tactical terms. At this point, the questions of management and leadership selections and development for the KDC are discussed in the next two chapters. These are followed by two chapters discussing the “political side” of human KDC in terms of “fit” or “no fit.” Following this discussion of our frail interpersonal habits, project teams’ research shows how an orderly process of team leadership development unfolds over the project life cycle. Finally, the last chapter discusses where we are concerning emergent response leadership in building real knowledge-driven corporations. This book is dedicated to survival of the best of the best of our corporations in the knowledge era through complex creative destruction.
Free To Fail
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Author : Arjen van Witteloostuijn
language : en
Publisher: Edward Elgar Publishing
Release Date : 2013-01-01
Free To Fail written by Arjen van Witteloostuijn and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-01-01 with Business & Economics categories.
This challenging book tackles one of the most fundamental questions in economics: Why are commercial organizations more efficient than organizations in the public domain? It is generally accepted that the traditional answer (the fact that commercial organizations maximize profits) does not necessarily hold true. Finding a solution to this anomaly, as this book attempts to do, should therefore be a prime concern in economics. The authors believe the answer lies in the fact that even in a completely stable environment, all organizations will eventually fail irreparably. Organizations operating in the market are more efficient because, once in decline, they are Ôfree to failÕ and allowed to be disassembled or even replaced. Public organizations that fail are more often than not protected and allowed to continue even though their efficiency is questionable. This fascinating and thought-provoking book will provide a stimulating read for academics and students with an interest in economics, business and management and public policy.
Management Inquiry And Creative Destruction Existential Skills For Inquiring Managers Researchers And Educators
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Author : Steven Segal
language : en
Publisher: Lund Humphries Publishers
Release Date : 2015-08-01
Management Inquiry And Creative Destruction Existential Skills For Inquiring Managers Researchers And Educators written by Steven Segal and has been published by Lund Humphries Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-08-01 with Business & Economics categories.
In Management Practice and Creative Destruction, Steven Segal changes our understanding both of management and research though his exploration of the concept of Creative Destruction. He explains how progress and development can also have negative and destructive effects within the same environment, that in order to embrace new ways of doing things it is necessary to let go of the old. This is both frightening and exciting. The book finds new ways of looking at management and provides a framework for managers, management educators, theorists and researchers to turn moments of creative disruption into opportunities for curios inquiry into their practices. It fully explores a mode of inquiry that is only beginning to emerge in management research and theory.
Strategic Management Of Technology
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Author : Kari Hakkarainen
language : en
Publisher: University of Vaasa
Release Date : 2006
Strategic Management Of Technology written by Kari Hakkarainen and has been published by University of Vaasa this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Creative destruction categories.