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  • 1
    Article
    Article
    Associated volumes
    In:  The Elgar companion to Ronald H. Coase (2016), Seite 160-171 | year:2016 | pages:160-171
    ISBN: 9781782547983
    Language: English
    Titel der Quelle: The Elgar companion to Ronald H. Coase
    Publ. der Quelle: Cheltenham, UK : Edward Elgar Publishing, 2016
    Angaben zur Quelle: (2016), Seite 160-171
    Angaben zur Quelle: year:2016
    Angaben zur Quelle: pages:160-171
    Keywords: Aufsatz im Buch
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  • 2
    Article
    Article
    Associated volumes
    In:  Cultural dynamics : insurent scholarship on culture, politics and power Vol. 9, No. 1 (1997), p. 77-96
    ISSN: 0921-3740
    Language: Undetermined
    Titel der Quelle: Cultural dynamics : insurent scholarship on culture, politics and power
    Publ. der Quelle: London [u.a.] : SAGE Publ
    Angaben zur Quelle: Vol. 9, No. 1 (1997), p. 77-96
    DDC: 050
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  • 3
    Online Resource
    Online Resource
    [Cambridge, MA] : MIT Sloan Management Review
    Language: English
    Pages: 1 online resource (1 volume) , illustrations
    Keywords: Profit ; Electronic books ; Electronic books ; local
    Abstract: Is it possible for a company to strive for a higher purpose while also delivering solid profits? Some have argued that pursuing goals other than making money means, by definition, spending on things that aren't profit-maximizing. Others have countered that by investing in worthwhile causes the company is doing something intrinsically valuable that will generate a long-term payoff to all parties. In the authors' view, the important question is not whether there is some tension between purpose and profits; there is. Instead, the question to ask is: How can the tension between purpose and profits best be managed? This article is based on research that the authors conducted over the last five years looking at the organizational challenges involved in managing two different objectives at the same time. The authors describe how goal-framing theory provides an understanding of why pursuing "pro-social" goals - which the authors define as goals that involve working toward common causes that go beyond just making money and staying in business - creates a stronger motivational basis for working in organizations than does pursuing self-interest goals that emphasize financial gain or personal enjoyment. The authors' research identified many companies with a clear sense of purpose, typically expressed as a set of pro-social goals such as putting employees first or investing in local communities. In the majority of cases, there was no discernible impact on the way employees actually behaved; however, the authors also found a small number of highly successful companies whose pro-social goals seemed genuine. Using examples such as Svenska Handelsbanken, Tata Group and HCL Technologies, the authors argue that there are a few organizing principles that help a company sustain its sense of purpose over time while still achieving a solid level of profitability. For example, they observe that pro-social goals need supporting systems within the company if they are to stick. Even with such supporting systems, however, the authors note that it is quite common to see executives bowing to short-term financial pressures.
    Note: "Reprint number 55315.". - Place of publication from publisher's website. - Includes bibliographical references. - Description based on online resource; title from title page (Safari, viewed May 7, 2015)
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  • 4
    Language: English
    Pages: 1 online resource (8 pages) , illustrations
    Edition: [First edition].
    DDC: 658
    Keywords: Management
    Abstract: For all the hype around bossless companies, managerial authority and hierarchy are still the best ways to ensure coordination, cooperation, creativity, predictability, and accountability in large organizations. But authority and hierarchy must be aligned to a company’s specific needs. To fine-tune them, leaders should consider the need for speed in decision-making, the extent of employee knowledge, what knowledge is truly required, employee feelings of ownership, and procedural justice.
    Note: Reprint 64304. - Includes bibliographical references
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  • 5
    ISBN: 9781134689859 , 1134689853
    Language: English
    Pages: 1 online resource (1 v.) , ill.
    Series Statement: Routledge studies in business organization and networks 8
    Parallel Title: Erscheint auch als
    Keywords: Competition ; Congresses ; Investments ; Congresses ; Uncertainty ; Congresses ; Equilibrium (Economics) ; Congresses ; Prices ; Congresses ; Capitalism ; Congresses ; Electronic books ; local ; Electronic books
    Abstract: The work of G.B. Richardson has given insights into key issues and debates such as markets versus hierarchies, price stability, the economics of information and the concept of competition based upon differentiated firms. This collection encourages further development of Richardson's themes. It will make excellent reading for students looking at the capability or competence approach to the firm, and for all those wishing to familiarise themselves with the work of this important economist.
    Note: Includes bibliographical references and index. - Description based on print version record
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  • 6
    Language: English
    Pages: 1 online resource (1 volume)
    Keywords: Organizational change ; Management ; Business planning ; Electronic books ; Electronic books ; local
    Abstract: Exploring new business models may be a good way to stay competitive, but doing so can create tensions internally, in areas such as organizational structure and competition for resources. Companies exploring business model innovation may not recognize the inevitability of these tensions and thus be poorly prepared to manage them. But understanding these issues may lessen some of the organizational challenges associated with business model innovation.
    Note: Date of publication suggested by the text. - "Reprint #57410.". - Includes bibliographical references. - Description based on online resource; title from cover (viewed September 8, 2016)
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  • 7
    Language: English
    Pages: 1 online resource (1 volume)
    Keywords: Performance ; Management ; Executives ; Electronic books ; Electronic books ; local
    Abstract: The Industrial Revolution brought the decline of small-scale, cottage production and the rise of large, integrated businesses; Adam Smith's invisible hand was replaced with what business historian Alfred D. Chandler Jr., called the "visible hand" of management. But now that pendulum appears to be swinging the other way - to a system of loose networks, virtual businesses and peer-to-peer interactions. A supposed hallmark of the new economy has been the decline of managerial authority. Management gurus, consultants and pundits have proclaimed that hierarchy is out. Modern organizations such as online retailer Zappos have come to favor flat hierarchies with widely distributed authority. And yet, given the demands of the current environment, authors Nicholai J. Foss and Peter G. Klein argue that managerial authority is still essential in situations where (1) decisions are time-sensitive; (2) key knowledge is concentrated within the management team; and (3) there is need for internal coordination. Such conditions, they observe, are also hallmarks of our networked, knowledge-intensive and hypercompetitive economy. While it is true that many knowledge workers no longer need a boss to direct them to tasks or monitor their day-to-day progress, the authors contend that the role of managers and the definition of "authority" needs to change. Managers need to move away from specifying methods and processes in favor of defining the principles they want people to apply or the goals they want people to meet. In other words, the main task for top management is to define and implement the organizational rules of the game. To be sure, procedures for defining rules and frameworks can themselves be delegated and nested. Indeed, when a company's key assets are knowledge workers whose skills and behaviors are difficult to assess objectively, companies will need to increasingly rely on more subjective assessments of performance, which must be carried out by managers.
    Note: Includes bibliographical references. - Description based on online resource; title from cover page (Safari, viewed April 27, 2015)
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  • 8
    ISBN: 9781843767107
    Language: English
    Pages: 1 Online-Ressource (ix, 283 p) , ill
    Series Statement: Edward Elgar E-Book Archive
    Parallel Title: Available in another form
    Parallel Title: Elektronische Reproduktion von Entrepreneurship and the firm
    DDC: 338/.04
    RVK:
    RVK:
    Keywords: Entrepreneurship ; Theorie der Unternehmung ; Industrieökonomik ; Österreichische Schule ; Theorie ; Entrepreneurship ; Austrian school of economics ; Industrial organization (Economic theory) ; Electronic books ; Aufsatzsammlung ; Unternehmenstheorie ; Industrieökonomie ; Wiener Schule ; Industrieökonomie ; Wiener Schule ; Unternehmenstheorie
    Abstract: While characteristically "Austrian" themes such as entrepreneurship, economic calculation, tacit knowledge and the temporal structure of capital are clearly relevant to the business firm, Austrian economists have said relatively little about management, organization, and strategy. This innovative book features 12 chapters that all seek to advance the understanding of these issues by drawing on Austrian ideas
    Abstract: 1. Explaining firms / Brian J. Loasby -- 2. Modularity in technology and organization / Richard N. Langlois -- 3. Economic organization in the knowledge economy : an Austrian perspective / Nicolai J. Foss -- 4. Knowledge : a challenge for the Austrian theory of the firm / Pierre Garrouste -- 5. Schumpeter's and Kirzner's entrepreneur reconsidered : corporate entrepreneurship, subjectivism and the need for a theory of the firm / Wolfgang Gick -- 6. Economic organization and the trade-offs between productive and destructive entrepreneurship / Kirsten Foss and Nicolai J. Foss -- 7. Entrepreneurship, contracts and the corporate firm : Austrian insights on the contractual nature of business organization / Stavros Ioannides -- 8. Costs of contracting, psychology of entrepreneurship and capabilities of firms / Martti Vihanto -- 9. Do entrepreneurs make predictable mistakes? : evidence from corporate divestitures / Peter G. Klein and Sandra K. Klein -- 10. Telecommunications mergers and theories of the firm -- 11. Rents and resources : a market process perspective / Jerry Ellig -- 11. Rents and resources : a market process perspective / Peter Lewin and Steven E. Phelan -- 12. Resource-advantage theory and Austrian economics / Shelby Hunt
    Note: Includes bibliographical references and index
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