Information and the Modern Corporation

Author: James W Cortada

Publisher: MIT Press

ISBN: 0262297949

Category: Business & Economics

Page: 176

View: 2867

While we have been preoccupied with the latest i-gadget from Apple and with Google's ongoing expansion, we may have missed something: the fundamental transformation of whole firms and industries into giant information-processing machines. Today, more than eighty percent of workers collect and analyze information (often in digital form) in the course of doing their jobs. This book offers a guide to the role of information in modern business, mapping the use of information within work processes and tracing flows of information across supply-chain management, product development, customer relations, and sales. The emphasis is on information itself, not on information technology. Information, overshadowed for a while by the glamour and novelty of IT, is the fundamental component of the modern corporation. In Information and the Modern Corporation, longtime IBM manager and consultant James Cortada clarifies the differences among data, facts, information, and knowledge and describes how the art of analytics has all but eliminated decision making based on gut feeling, replacing it with fact-based decisions. He describes the working style of "road warriors," whose offices are anywhere their laptops and cell phones are and whose deep knowledge of a given topic becomes their medium of exchange. Information is the core of the modern enterprise, and the use of information defines the activities of a firm. This essential guide shows managers and employees better ways to leverage information--by design and not by accident.

The Modern Corporation and Private Property

Author: N.A

Publisher: Transaction Publishers

ISBN: 9780887388873

Category: Business & Economics

Page: 380

View: 2917

Written more than a half-century ago, The Modern Corporation and Private Property remains the fundamental introduction to the internal organization of the corporation in modern society. Combining the analytical skills of an attorney with those of an economist, Berle and Means raise the central questions, even when their answers have been superseded by changing circumstances. This volume remains of valuable to all those concerned with the evolution of this major social institution.

New Perspectives on the Modern Corporation

Corporate Strategy and Firm Growth: Creating Value for Shareholders

Author: Angelo Dringoli

Publisher: Edward Elgar Publishing

ISBN: 1781005672

Category: Business & Economics

Page: 256

View: 8720

This book explores the conditions for growth that can create value for shareholders, focusing on the main strategies adopted by firms including horizontal expansion, vertical integration and product diversification. To evaluate whether or not a particular growth strategy is successful, the author examines the economic fundamentals of each strategy and presents analytical models of both internal development and external acquisition. He moves on to present four case studies of successful companies to highlight how a firm chooses and implements a defined growth strategy. This stimulating integrated analysis will appeal to researchers and students in business administration as well as managers, entrepreneurs and consultants involved in strategic management.--publisher description.

Governing the Modern Corporation

Capital Markets, Corporate Control, and Economic Performance

Author: Roy C. Smith,Ingo Walter

Publisher: Oxford University Press

ISBN: 0199924015

Category: Business & Economics

Page: 336

View: 6776

Nearly seventy years after the last great stock market bubble and crash, another bubble emerged and burst, despite a thick layer of regulation designed since the 1930s to prevent such things. This time the bubble was enormous, reflecting nearly twenty years of double-digit stock market growth, and its bursting had painful consequence. The search for culprits soon began, and many were discovered, including not only a number of overreaching corporations, but also their auditors, investment bankers, lawyers and indeed, their investors. In Governing the Modern Corporation, Smith and Walter analyze the structure of market capitalism to see what went wrong. They begin by examining the developments that have made modern financial markets--now capitalized globally at about $70 trillion--so enormous, so volatile and such a source of wealth (and temptation) for all players. Then they report on the evolving role and function of the business corporation, the duties of its officers and directors and the power of its Chief Executive Officer who seeks to manage the company to achieve as favorable a stock price as possible. They next turn to the investing market itself, which comprises mainly financial institutions that own about two-thirds of all American stocks and trade about 90% of these stocks. These investors are well informed, highly trained professionals capable of making intelligent investment decisions on behalf of their clients, yet the best and brightest ultimately succumbed to the bubble and failed to carry out an appropriate governance role. In what follows, the roles and business practices of the principal financial intermediaries--notably auditors and bankers--are examined in detail. All, corporations, investors and intermediaries, are found to have been infected by deep-seated conflicts of interest, which add significant agency costs to the free-market system. The imperfect, politicized role of the regulators is also explored, with disappointing results. The entire system is seen to have been compromised by a variety of bacteria that crept in, little by little, over the years and were virtually invisible during the bubble years. These issues are now being addressed, in part by new regulation, in part by prosecutions and class action lawsuits, and in part by market forces responding to revelations of misconduct. But the authors note that all of the market's professional players--executives, investors, experts and intermediaries themselves--carry fiduciary obligations to the shareholders, clients, and investors whom they represent. More has to be done to find ways for these fiduciaries to be held accountable for the correct discharge of their duties.

The Modern Corporation and Private Property

Author: Gardiner Means

Publisher: Routledge

ISBN: 1351479350

Category: Business & Economics

Page: 426

View: 9948

This monumental work on the corporation is one of those enduring classics that many cite but few have read. Graced with a new introduction by Weidenbaum and Jensen, this new edition makes this classic available to a new generation. Written in the early 1930s, The Modern Corporation and Private Property remains the fundamental introduction to the internal organization of the corporation in modern society. Combining the analytical skills of an attorney with those of an economist, Berle and Means raise the central questions, even when their answers have been superseded by changing circumstances.The book's most enduring theme is the separation of ownership from control of the modern corporation and its consequences. Berle and Means display keen awareness of the divergent interests of directors and managers, and of each from owners of the firm. Among their predictions are the characteristic increase in size of the modem corporation and concentration of the economy. The authors view stock exchanges and stock markets as essential by-products of the rise of the modem corporation, and explore how these function. They address the difficult questions of whether corporations operate for the benefit of owners or managers, and explore what motivates managers to make effective use of corporate assets. Finally, they examine the role of the corporation as the prevailing form of organizing the production and distribution of goods and services.In their new introduction, Weidenbaum and Jensen, co-directors of the Center for the Study of American Business at Washington University, critically assess the impact of developments not fully anticipated by Berle and Means, such as the rise of the service sector, and the significant role played by institutional investors in the owner/manager equation. They note the authors' prescient observations, including the complex role of and motivating influences on professional managers, and the significance of inside informatio

Failsafe IS Project Delivery

Author: Andrew Holmes

Publisher: Gower Publishing, Ltd.

ISBN: 9780566082559

Category: Computers

Page: 218

View: 700

This book examinates what goes wrong in IT projects and what can be done to prevent this in the future.

The Essential Manager

How to Thrive in the Global Information Jungle

Author: James W. Cortada

Publisher: John Wiley & Sons

ISBN: 1119004934

Category: Business & Economics

Page: 262

View: 1692

This book discusses the evolution of management as a professionover the past two decades and how it continues to evolve. It goeson to describe the new style of management and makesrecommendations for what today’s and tomorrow’smanagers must know and how to work. Offers ways to think about your role as a manager in order tooptimize your effectiveness toward uncertain and turbulentchanges Discusses current realities in which management currentlyoperates Provides a historical background of managerial practices andhow they’ve evolved in the present workplace

Technology in the Modern Corporation

A Strategic Perspective

Author: Mel Horwitch

Publisher: Elsevier

ISBN: 1483160548

Category: Technology & Engineering

Page: 244

View: 9633

Technology in the Modern Corporation: A Strategic Perspective examines the role of technology in corporate planning and all that this relationship implies to corporate organization and strategy. Organized into 13 chapters, this book first discusses the management of corporate entrepreneurship; technological innovation and interdependence; and the rise and character of modern technology strategy. Subsequent chapters describe corporate research and development; corporate strategies for managing emerging technologies; approaches for the strategic management of technology; innovation and corporate strategy; and executive succession, strategic reorientations, and organization evolution.

The Struggle for Control of the Modern Corporation

Organizational Change at General Motors, 1924-1970

Author: Robert F. Freeland

Publisher: Cambridge University Press

ISBN: 9780521630344

Category: Business & Economics

Page: 364

View: 9311

Winner of the 2005 Business History Review Newcomen Award for best book in business history, The Struggle for Control of the Modern Corporation provides a fascinating historical overview of decision-making and political struggle within one of America's largest and most important corporations. Drawing on primary historical material, Robert Freeland examines the changes in General Motors' organization between the years 1924 and 1970. He takes issue with the well-known argument of business historian Alfred Chandler and economist Oliver Wiliamson, who contend that GM's multidivisional corporate structure emerged and survived because it was more efficient than alternative forms of organization. This book illustrates that for most of its history, GM intentionally violated the fundamental axioms of efficient organization put forth by these analysts. It did so in order to create cooperation and managerial consent to corporate policies. Freeland uses the GM case to re-examine existing theories of corporate governance, arguing that the decentralized organizational structure advocated by efficiency theorists may actually undermine cooperation, and thus foster organizational decline.

Corporate Spirit

Religion and the Rise of the Modern Corporation

Author: Amanda Porterfield

Publisher: Oxford University Press

ISBN: 0199372659

Category: History

Page: 216

View: 4431

In this groundbreaking work, Amanda Porterfield explores the intertwining of commercial and religious forces in the history of incorporation in the US. She focuses on three elements - the revolutionary implications of religious disestablishment, the proliferation of religious organizations,and religious organizations as models of commercial operation.The intersection of the religious and the corporate can be traced to first century Rome, and Paul's letters to Christian Jews in Corinth. "For just as the body is one and has many members, and all the members of the body, though many are one body, so is it with Christ." Porterfield traces thisconnection from ancient Rome, through medieval Europe and Elizabethan England. In the second half of the book, she reaches North America and considers Christian corporate fellowship in the years preceding the American Revolution. In the decades following ratification of the US Constitution, religious organizations led the way as models of corporate growth. Eighteenth-century economic and political developments forced American churches to back away from oversight of commercial operations and concentrate more on the formationof individual character, encouraging individuals to transfer to business the lessons of moral responsibility and common purpose learned in church. While commercial outlets faced daunting headwinds as a result of spiraling debt, weak banks, lack of financial regulation, rampant speculation,widespread counterfeiting, and ruinous embargoes, religious organizations set a fast pace of growth and helped many Americans absorb the shocks of economic turbulence by maintaining networks of social support. The privatization of religion enabled advocates for religion to operate more independently and creatively than under religious establishment; this independence fostered innovation, competition, and organizational growth. Left more to their own devices than under British law, religious groups inearly nineteenth-century America enjoyed new freedom as private corporations. This unprecedented autonomy facilitated religious growth and transformation on a massive scale, as religious groups devised new forms of communal governance and discipline, and new means of broadcasting their messagesthrough education, print media technology, public events, and ingenious event-planning. The book's conclusion presents an overview of the development of modern corporations since the late-nineteenth century, highlighting religion's evolution in a society dominated by commercial incorporation.

A Financial History of Modern U.S. Corporate Scandals

From Enron to Reform

Author: Jerry W. Markham

Publisher: M.E. Sharpe

ISBN: 9780765615831

Category: Business & Economics

Page: 742

View: 8784

Examines the collapse of the Enron Corporation and other financial scandals that arose in the wake of the market downturn of 2000. Provides context and analysis to the modern era of corporate corruption.

Douglas MacAgy and the Foundations of Modern Art Curatorship

Author: David R. Beasley

Publisher: Davus Publishing

ISBN: 0915317095

Category: Art

Page: 159

View: 1639

From formative years in Toronto and Philadelphia, MacAgy became the catalyst for the advent of American abstraction, the spirit behind the modern art movement, the introducer and interpreter of European and Russian art to America, the head of the National Endowment for the Arts, and the installer of the Hirshhorn Museum and Sculpture Garden. He was on the cutting edge of modern art movements from American abstract expressionism to conceptualism and fought as an independent educator against the forces using art for political ends. “MacAgy has a place in history,”—George Rickey.

No More Secrets: Open Source Information and the Reshaping of U.S. Intelligence

Open Source Information and the Reshaping of U.S. Intelligence

Author: Hamilton Bean Ph.D.

Publisher: ABC-CLIO

ISBN: 0313391564

Category: History

Page: 218

View: 4329

This in-depth analysis shows how the high stakes contest surrounding open source information is forcing significant reform within the U.S. intelligence community, the homeland security sector, and among citizen activists. • Critique and commentary from intelligence officials and analysts regarding open source reforms within the intelligence community and homeland security sector • Three interrelated case studies through which post-9/11 U.S. intelligence reform is analyzed and critiqued • Examples of collateral, including official and unofficial photos, from the 2007 and 2008 Open Source Conferences sponsored by the Director of National Intelligence • A timeline of key open source developments, including the establishment of associated commissions and changes in organizational structures, policies, and cultures • Appendices containing excerpts of key open source legislation and policy documents • A bibliography of open source-related scholarship and commentary

Best Truth

Intelligence in the Information Age

Author: Bruce D. Berkowitz,Allan E. Goodman

Publisher: Yale University Press

ISBN: 9780300093971

Category: Computers

Page: 224

View: 9834

Confronted by the new challenges of the information age and the post-Soviet world, the U.S. intelligence community must adapt and change. And marginal change is not enough, the authors of this provocative book insist. Bruce D. Berkowitz and Allan E. Goodman call for fundamental, radical reforms in the organization and approach of America’s intelligence agencies. They show why traditional approaches to intelligence fall short today, and they propose thoughtful alternatives that take into account recent changes in information technology and intelligence requirements. An information-age intelligence service would move away from a rigid, hierarchical structure toward a more fluid, networked organization, the authors explain. They recommend a system that would utilize the private sector - with its access to more capital and its ability to move more quickly than a government organization. At the same time, this system would encourage government intelligence operations to concentrate on the specialized, high-risk activities they are uniquely able to perform. Berkowitz and Goodman examine recent failures of the intelligence community, discuss why traditional principles of intelligence are no longer adequate, and consider the implications for such broad policy issues as secrecy, covert action, and the culture of the intelligence community.

Information Technology and the Corporation of the 1990s

Research Studies

Author: Thomas J. Allen,Michael S. Scott Morton

Publisher: Oxford University Press

ISBN: 9780195361780

Category: Business & Economics

Page: 544

View: 2958

One of the most pathbreaking and influential business books of the 1990s is The Corporation of the 1990s by Michael Scott Morton. Its expert view of how information technology would influence organizations and their ability to survive and prosper in the 1990s has become the benchmark of thinking about information technology. Now, in a supporting companion volume, Information Technology and the Corporation of the 1990s makes available the research on which The Corporation of the 1990s was based. The research was conducted at the Sloan School of Management at MIT by the Management in the 1990s program. The program was funded by a group of 12 industrial and government sponsors from the United States and Britain which included American Express, Digital Equipment Corporation, Eastman Kodak, British Petroleum, MCI Communications, General Motors, U.S. Army, ICL Ltd., Internal Revenue Service, Ernst & Young, BellSouth, and CIGNA Corporation. Information Technology and the Corporation of the 1990s aims to disseminate ideas on how organizations can manage the impact of information technology, and also to raise issues and stimulate further thought by both academics and professionals. The book is divided into three sections which cover the information technology revolution, strategic options, and organization and management responses. It incorporates the work of many important scholars including Charles Jonscher, Michael J. Piore, Thomas W. Malone. JoAnne Yates, Robert I. Benjamin, Gary W. Loveman, Eric von Hippel, Edgar H. Schein, Stanley M. Besen, Garth Saloner, N. Venkatraman, Akbar Zaheer, John C. Henderson, Jay C. Cooprider, Kevin Crowston, Jeongsuk Koh, Gordon Walker, Laura Poppo, John S. Carroll, Constance Perin, Brian T. Pentland, John Chalykoff, Lotte Bailyn, D. Eleanor Westney, Sumantra Ghoshal, John D.C. Little, Thomas J. Allen, Oscar Hauptman, Lisa M. Lynch, Paul Osterman, Thomas A. Kochan, and John Paul MacDuffie.

Machine Made: Tammany Hall and the Creation of Modern American Politics

Author: Terry Golway

Publisher: W. W. Norton & Company

ISBN: 0871407922

Category: History

Page: 400

View: 4061

“Golway’s revisionist take is a useful reminder of the unmatched ingenuity of American politics.”—Wall Street Journal History casts Tammany Hall as shorthand for the worst of urban politics: graft and patronage personified by notoriously crooked characters. In his groundbreaking work Machine Made, journalist and historian Terry Golway dismantles these stereotypes, focusing on the many benefits of machine politics for marginalized immigrants. As thousands sought refuge from Ireland’s potato famine, the very question of who would be included under the protection of American democracy was at stake. Tammany’s transactional politics were at the heart of crucial social reforms—such as child labor laws, workers’ compensation, and minimum wages— and Golway demonstrates that American political history cannot be understood without Tammany’s profound contribution. Culminating in FDR’s New Deal, Machine Made reveals how Tammany Hall “changed the role of government—for the better to millions of disenfranchised recent American arrivals” (New York Observer).