Because of Alfred D. Chandler Jr's widely influential books and articles, historians of management and of business have often taken a firm, especially a manufacturing firm, as their unit of analysis. Despite its usefulness as an organizing concept, the firm-based approach does not take into consideration the management of networked systems, which have spread widely and posed major managerial challenges in recent decades. In this essay, the author shall compare the firm and the networked-systems approaches, but first he stresses that his attention is focused upon networked electric-power systems. Besides arguing that the management of networked, electric-power systems is worthy of attention, he is also contending that their management deeply influenced managerial practices in general bet...
The author never ceases to be amazed at the sheer number of business and management books that get published every year. There's no management topic too obscure, no strategy too minor to merit its own hardcover. But the more the author wades into the river of management books flowing through his mailbox, the more he's convinced that all too many of these titles really miss the point -- that good management is really pretty simple. The author's top management tips are: 1. You must be able to manage expectations. 2. Never forget the "no-surprise rule." 3. Know what you don't know. 4. You always need a Plan B. 5. Learn the art of the apology. 6. Treat people right.
Business Under Fire: How Israeli Companies Are Succeeding in the Face of Terror -- And What We Can Learn From Them, by Dan Carrison, is reviewed.
`Post-Crisis Risk Management Bracing for the Next Perfect Storm', * By: Tsuyoshi Oyama
Milwaukee, circa 2014: An executive from a water-purification company in Shanghai steps off a plane at Mitchell International Airport and is greeted by a sign that reads, "Welcome to the Freshwater Hub of the World. He boards a light rail train that whisks him to the downtown lakefront, where he takes in the sight of the gleaming white Milwaukee Art Museum and Discovery World buildings, both flanking the newest gem on the Lake Michigan shore: the multimillion-dollar headquarters of the Milwaukee Water Council and portions of the University of Wisconsin-Milwaukee School of Freshwater Sciences. Among the features inside is a renowned library holding one of the nation's best collections of legal, technological and business books and documents about the management and protection of water.
, by Frank J. Cavico and Bahaudin G. Mujtaba, is reviewed.
... on commercial and international business books of a university in Thailand, and through being a v...
IF you want to know which way the breeze is blowing in Asia, check out a bookstore in Hanoi. The two I went to while visiting there last week were stocked with the usual stuff - the writings of Ho Chi Minh and Gen. Giap - and many signs of the new Vietnam, which meant books on business and management plus a seemingly legal Vietnamese translation of Hillary Clinton's memoirs. Prominently displayed along with all these wares were the collected speeches of Chinese leaders Deng Xiaoping, Jiang Zemin and Hu Jintao.
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