Redesigning the Firm illuminates many of the challenges that confront the executive, approaching the issue from a wide variety of perspectives. The book considers, for instance, whether the firm's stockholders, directors, and managers should reevaluate how they distribute power and share information, and it explores why external board members often fail to exercise a strong voice in governance. It looks at the changing boundary of the firm, as partnerships and alliances have become more important, examining this new development in three types of market: emerging markets such as Eastern Europe, markets where economies of scale provide a critical advantage, and dynamic markets where speed is essential. It examines the use of suppliers in Japanese, American, and European firms, and finds the first to be most efficient.
Redesigning the Firm illuminates many of the challenges that confront the executive, approaching the issue from a wide variety of perspectives. The book considers, for instance, whether the firm's stockholders, directors, and managers should reevaluate how they distribute power and share information, and it explores why external board members often fail to exercise a strong voice in governance. It looks at the changing boundary of the firm, as partnerships and alliances have become more important, examining this new development in three types of market: emerging markets such as Eastern Europe, markets where economies of scale provide a critical advantage, and dynamic markets where speed is essential. It examines the use of suppliers in Japanese, American, and European firms, and finds the first to be most efficient.
FOREWORD ; ACKNOWLEDGEMENTS ; PARTICIPANTS ; TABLE OF CONTENTS ; 1. Introduction: redesigning the Firm ; I. BOUNDRIES, NETWORKS AND CORPORATE CONTROL ; 2. The Anomolies of Corporate Governance ; 3. Sustainable Competitive Advantage Through Alliance ; 4. Supplier and Buyer Networks ; II. SPEED, VARIETY AND FLEXIBILITY ; 5. Product Innovation in Mature Firms ; 6. Strategies for Product Variety: Lessons from the Auto Industry ; 7. How Control Systems can Support Organizational Flexibility ; III. FORM, SPACE AND TIME ; 8. The Design and Redisign of the Organizational Form ; 9. Organizing the Global Multinational Firm ; 10. How Firms Adapt to Evolving Markets ; IV. SUMMARY ; 11. Modularity and Permeability as Principles of Design
Edward H. Bowman is Reginald H. Jones Professor of Corporate Management and Director of the Reginald H. Jones Center of the Wharton School, at the University of Pennsylvania. Bruce Kogut is a Professor of Management at the Wharton School and Co-Director of the Reginald H. Jones Center.
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"Provides Wharton's unique perspective on contemporary business
research and management thinking."--Booklist
"New technologies, new models of work, and new businesses demand
that we rethink our organizations. This very intelligent book
points the way."--James Champy, Chairman, CSC Index and co-author,
Re-engineering the Corporation and Re-engineering Management
"This book takes a unique, interdisciplinary look at the
organizational issues facing companies living in today's
fast-changing world. The insights it provides will help insure
successful organizational redesign and future
competitiveness."--Lewis E. Platt, Hewlett Packard Company
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