Adaptation, Specialization, and the Theory of the Firm

Adaptation, Specialization, and the Theory of the Firm PDF Author: Birger Wernerfelt
Publisher: Cambridge University Press
ISBN: 1107134404
Category : Business & Economics
Languages : en
Pages : 329

Get Book Here

Book Description
An up-to-date analysis of the theory of the firm, including the latest research on the resource-based view.

Adaptation, Specialization, and the Theory of the Firm

Adaptation, Specialization, and the Theory of the Firm PDF Author: Birger Wernerfelt
Publisher: Cambridge University Press
ISBN: 1107134404
Category : Business & Economics
Languages : en
Pages : 329

Get Book Here

Book Description
An up-to-date analysis of the theory of the firm, including the latest research on the resource-based view.

Organizational Evolution and Strategic Management

Organizational Evolution and Strategic Management PDF Author: Rodolphe Durand
Publisher: SAGE Publications
ISBN: 1446227111
Category : Business & Economics
Languages : en
Pages : 201

Get Book Here

Book Description
`I have no doubt this book will be read and used time and again by any scholar working within the evolutionary approach to organizations. I believe that it will also be of great interest to strategy scholars' - Management `Rodolphe Durand has a compelling message for the growing community of evolutionary researchers in organization studies. Evolutionary researchers need to attend more carefully to historical and contemporary debates in the biological sciences if they are to avoid false tracks and simplisitic analogies. Durand offers here the foundations of a distinctive and authentic evolutionary theory that takes organizations seriously for what they are' - Richard Whittington, Oxford University `This book fills an important gap in the study of organizations and strategy from an evolutionary perspective. It offers a synthetic approach to evolutionary analysis with grounded empirical examples that graduate students and seasoned scholars alike will find immensely useful. Durand's OES model, rooted in a critical examination of philosophical and scientific writings on evolution, is particularly promising and provides a valuable guidepost for future research on organizations and strategic management' - Michael Lounsbury, University of Alberta How is economic evolutionary theory, in which organisations evolve according to environmental selection, reconciled with evidence of strategic management? This book is the first of its kind to propose a solution to this theoretical puzzle and engage readers in a balanced understanding of organizational evolution. Rodolphe Durand embarks upon a fresh assessment of the literature. His discoveries provide the foundation for a new theory of organizational selection and an organizational evolution and strategy model that reconciles economic evolution with strategic intentionality. Chapters include an examination of the work by Lamarck, Darwin and Spencer; a constructive appraisal of evolutionary theory applied to organisations and a summary of how the organizational evolution and strategy model will affect future theory and research. - An associated web site with further information can be found at: http://studies.hec.fr/web/durand

Business Adaptation to Climate Change

Business Adaptation to Climate Change PDF Author: Jorge E. Rivera
Publisher: Cambridge University Press
ISBN: 1108835724
Category : Business & Economics
Languages : en
Pages : 309

Get Book Here

Book Description
A seminal global analysis of the adaptation strategies of businesses and corporations in response to climate change.

Performance-Driven Organizational Change

Performance-Driven Organizational Change PDF Author: Lex Donaldson
Publisher: SAGE
ISBN: 0761903550
Category : Business & Economics
Languages : en
Pages : 249

Get Book Here

Book Description
In this book, Lex Donaldson, one of the leading scholars in the field of organization theory, introduces a compelling theory of performance-driven organizational change, Organizational Portfolio Theory. In explaining why organizations change and also why they fail to change, the theory reconceptualizes the organization as a portfolio with a number of different causes of organizational performance varying over time. The author argues that without a performance crisis there is a good chance that necessary organizational changes will not be forthcoming, and that moreover, the adaptive change induced by the crisis creates the capacity for fresh organizational growth.

Dynamic Capabilities

Dynamic Capabilities PDF Author: Constance E. Helfat
Publisher: John Wiley & Sons
ISBN: 1405182067
Category : Business & Economics
Languages : en
Pages : 160

Get Book Here

Book Description
Creating, adapting to, and exploiting change is inherently entrepreneurial. To survive and prosper under conditions of change, firms must develop the “dynamic capabilities” to create, extend, and modify the ways in which they operate. The capacity of an organization to create, extend, or modify its resource base is vital. Since the concept of dynamic capabilities was first introduced, much research has elaborated the initial idea. This important book by Constance Helfat and her team of leading scholars provides a timely focus on in-depth examples of corporate dynamic capabilities. Examining these in the different contexts of alliances, acquisitions, and management, the book gives students and researchers a succinct, up-to-date definition of dynamic capabilities and the strategic management theories around them.

The Modern Firm

The Modern Firm PDF Author: John Roberts
Publisher: Oxford University Press
ISBN: 0198293755
Category : Business & Economics
Languages : en
Pages : 336

Get Book Here

Book Description
Business firms around the world are experimenting with new organizational designs, changing their formal architectures, their routines and processes, and their corporate cultures as they seek to improve their current performance and their growth prospects. In the process they are changing the scope of their business operations, redrawing their organization charts, redefining the allocation of decision-making authority and responsibility, revamping the mechanisms for motivating and rewarding people, reconsidering which activities to conduct in-house and which to out-source, redesigning their information systems, and seeking to alter the shared beliefs, values and norms that their people hold. In this book, John Roberts argues that there are predictable, necessary relationships among these changes that will improve performance and growth. The organizations that are successful will establish patterns of fit among the elements of their organizational designs, their competitive strategies and the external environment in which they operate and will go about this in a holistic manner. The Modern Firm develops powerful conceptual frameworks for analyzing the interrelations between organizational design features, competitive strategy and the business environment. Written in a non-technical language, the book is nevertheless based on rigorous modeling and draws on numerous examples from eighteenth century fur trading companies to such modern firms such as BP and Nokia. Finally the book explores why these developments are happening now, pointing to the increase in global competition and changes in technology. Written by one of the world's leading economists and experts on business strategy and organization, The Modern Firm provides new insights into the changes going on in business today and will be of interest to academics, students and managers alike.

Strategy from the Outside In (PB)

Strategy from the Outside In (PB) PDF Author: George S. Day
Publisher: McGraw Hill Professional
ISBN: 0071760784
Category : Business & Economics
Languages : en
Pages : 321

Get Book Here

Book Description
Make customer value a C-Suite priority for lasting profits and growth While the Great Recession ravaged the balance sheets of long-standing leaders in their respective industries, many companies have actually gained market share, grown revenuesand profits, and created more value for customers. These are not flash-in-the-pan companies—world-beatersone year and stragglers the next. They are companies like Johnson& Johnson, Procter & Gamble, Fidelity, Cisco, Philips, Walmart, and Amazon. The success of these organizations isn’t the result of a brilliant strategy for bad times; it’sthe outcome of a highly effective long-term strategy that manages thecompany from the outside in. In Strategy from the Outside In, George S. Day and Christine Moormanexplain that the key to such lasting and highly profitable successis the ability to compete on and profit from customer value. It meansoperating from the outside in. It means always building strategy onmarket insight, and ensuring that every part of the company puts customervalue first. Applying years of research, Day andMoorman illustrate that an outside-in view requires constant vigilance and focus on four customer value imperatives: Be a customer value leader Innovate new value for customers Capitalize on the customer as an asset Capitalize on the brand as an asset Day and Moorman take you from theory to practice, with an emphasison real world stories, practical models, and useable metrics sothat you can profit from customer value. From the outside in.

Handbook of Research on Accounting and Financial Studies

Handbook of Research on Accounting and Financial Studies PDF Author: Farinha, Luís
Publisher: IGI Global
ISBN: 1799821374
Category : Business & Economics
Languages : en
Pages : 487

Get Book Here

Book Description
The competitive nature of organizations in today’s globalized world has led to the development of various approaches to increasing profitability and maintaining an advantage over rival companies. As technology continues to be integrated into business practices, specifically in the area of accounting and finance, professionals and educators need to be prepared for advancing economic techniques, and they need to maintain a high level of financial literacy. The Handbook of Research on Accounting and Financial Studies is a pivotal reference source that provides vital research on advanced knowledge and emerging business practices and teaching dynamics in the fields of accounting and finance. While highlighting topics such as cost-benefit analysis, risk management, and corporate governance, this publication explores new initiatives in entrepreneurship and performance management. This book is ideally designed for business managers, consultants, entrepreneurs, auditors, tax practitioners, economists, accountants, academicians, researchers, and students seeking current research on modern advancements and recent findings in accounting and financial studies.

The Pirate Organization

The Pirate Organization PDF Author: Rodolphe Durand
Publisher: Harvard Business Press
ISBN: 1422183181
Category : Business & Economics
Languages : en
Pages : 210

Get Book Here

Book Description
In this book, Whole Foods Market cofounder John Mackey and professor and Conscious Capitalism, Inc. co-founder Raj Sisodia argue for the inherent good of both business and capitalism. Featuring some of today's best-known companies, they illustrate how these two forces can--and do--work most powerfully to create value for all stakeholders: including customers, employees, suppliers, investors, society, and the environment.

Adaptive Enterprise

Adaptive Enterprise PDF Author: Stephan H. Haeckel
Publisher: Harvard Business Press
ISBN: 9781422171783
Category : Business & Economics
Languages : en
Pages : 326

Get Book Here

Book Description
Adaptive Enterprise outlines the new sense-and-respond business model that helps companies anticipate, adapt, and respond to continually changing customer needs. Author Stephan Haeckel shows how large, complex organizations can adapt in a systematic way to the unpredictable demands of rapid, relentless change--if the organization is designed and managed as an adaptive system. In fact, the only kind of strategy that makes sense in the face of change is a strategy to become adaptive. Haeckel maps out a step-by-step plan that firms can use to transform themselves into a new type of organization, one where change is not a problem to be solved but rather a source of energy, growth, and value. Adaptive Enterprise is both a new way of thinking about business and a prescription for leadership of post-industrial organizations. It is, as Adrian Slywotsky says in his foreword, "a book that will influence the influencers of business thought."