The Theory of the Business (Harvard Business Review Classics)

The Theory of the Business (Harvard Business Review Classics)

Author: Peter F. Drucker

Publisher: Harvard Business Press

Published: 2017-04-18

Total Pages: 80

ISBN-13: 1633692531

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Peter F. Drucker argues that what underlies the current malaise of so many large and successful organizations worldwide is that their theory of the business no longer works. The story is a familiar one: a company that was a superstar only yesterday finds itself stagnating and frustrated, in trouble and, often, in a seemingly unmanageable crisis. The root cause of nearly every one of these crises is not that things are being done poorly. It is not even that the wrong things are being done. Indeed, in most cases, the right things are being done—but fruitlessly. What accounts for this apparent paradox? The assumptions on which the organization has been built and is being run no longer fit reality. These are the assumptions that shape any organization's behavior, dictate its decisions about what to do and what not to do, and define what an organization considers meaningful results. These assumptions are what Drucker calls a company's theory of the business. The Harvard Business Review Classics series offers you the opportunity to make seminal Harvard Business Review articles a part of your permanent management library. Each highly readable volume contains a groundbreaking idea that continues to shape best practices and inspire countless managers around the world—and will have a direct impact on you today and for years to come.


Book Synopsis The Theory of the Business (Harvard Business Review Classics) by : Peter F. Drucker

Download or read book The Theory of the Business (Harvard Business Review Classics) written by Peter F. Drucker and published by Harvard Business Press. This book was released on 2017-04-18 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: Peter F. Drucker argues that what underlies the current malaise of so many large and successful organizations worldwide is that their theory of the business no longer works. The story is a familiar one: a company that was a superstar only yesterday finds itself stagnating and frustrated, in trouble and, often, in a seemingly unmanageable crisis. The root cause of nearly every one of these crises is not that things are being done poorly. It is not even that the wrong things are being done. Indeed, in most cases, the right things are being done—but fruitlessly. What accounts for this apparent paradox? The assumptions on which the organization has been built and is being run no longer fit reality. These are the assumptions that shape any organization's behavior, dictate its decisions about what to do and what not to do, and define what an organization considers meaningful results. These assumptions are what Drucker calls a company's theory of the business. The Harvard Business Review Classics series offers you the opportunity to make seminal Harvard Business Review articles a part of your permanent management library. Each highly readable volume contains a groundbreaking idea that continues to shape best practices and inspire countless managers around the world—and will have a direct impact on you today and for years to come.


Organizational Restructuring

Organizational Restructuring

Author: Dr. Yash Paul Soni

Publisher: Xlibris Corporation

Published: 2016-01-04

Total Pages: 146

ISBN-13: 1514447967

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The political climate of the 1990s ushered through changes in the way corporate entities structured their businesses, largely influenced by the professionalization of corporate management in America. There are many examples in the decade which portray the emergence of corporate restructuring combined with corporate structures struggling to compete for the potential wealth and personal power identified.


Book Synopsis Organizational Restructuring by : Dr. Yash Paul Soni

Download or read book Organizational Restructuring written by Dr. Yash Paul Soni and published by Xlibris Corporation. This book was released on 2016-01-04 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: The political climate of the 1990s ushered through changes in the way corporate entities structured their businesses, largely influenced by the professionalization of corporate management in America. There are many examples in the decade which portray the emergence of corporate restructuring combined with corporate structures struggling to compete for the potential wealth and personal power identified.


Organizational Restructuring: Twelve Steps and Key Guidelines to Help Business Managers

Organizational Restructuring: Twelve Steps and Key Guidelines to Help Business Managers

Author: Zaziiz S. L. Dinkins Th.D. D.B.A

Publisher: WestBow Press

Published: 2022-05-27

Total Pages: 55

ISBN-13: 1664264647

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Leaders who participate in organizational restructuring know the difficulty involved in the process of finding the most successful solution. This book offers twelve steps and key guidelines for helping the organization to prepare for organizational restructuring. These twelve steps and key guidelines are valuable tips and insights to help today’s managers and leaders. In the book you will find the importance of understanding and recognizing the impact of organizational restructuring and better ways to usher in change. The book provides a space at the end of each step for you to reflect on what insight you gained and to make your own notes. The book provides a framework for you to integrate your own thoughts as you embark on such a significant journey with your organization.


Book Synopsis Organizational Restructuring: Twelve Steps and Key Guidelines to Help Business Managers by : Zaziiz S. L. Dinkins Th.D. D.B.A

Download or read book Organizational Restructuring: Twelve Steps and Key Guidelines to Help Business Managers written by Zaziiz S. L. Dinkins Th.D. D.B.A and published by WestBow Press. This book was released on 2022-05-27 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leaders who participate in organizational restructuring know the difficulty involved in the process of finding the most successful solution. This book offers twelve steps and key guidelines for helping the organization to prepare for organizational restructuring. These twelve steps and key guidelines are valuable tips and insights to help today’s managers and leaders. In the book you will find the importance of understanding and recognizing the impact of organizational restructuring and better ways to usher in change. The book provides a space at the end of each step for you to reflect on what insight you gained and to make your own notes. The book provides a framework for you to integrate your own thoughts as you embark on such a significant journey with your organization.


Corporate Social Responsibility, Corporate Restructuring and Firm's Performance

Corporate Social Responsibility, Corporate Restructuring and Firm's Performance

Author: Liangrong Zu

Publisher: Springer Science & Business Media

Published: 2008-10-01

Total Pages: 320

ISBN-13: 3540708960

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In today’s globalized and competitive business environment, companies increasingly look to restructuring, mergers & acquisitions and downsizing to survive, grow and maximize profits. However, when they are not managed in a socially responsible manner, restructurings may exert the negative impact on employees, shareholders, communities, and society as a whole. The book empirically explores the phenomena of corporate social responsibility (CSR), restructuring, and relationships with firms’ performance in China. It gives an insight into how Chinese firms respond to expectations of stakeholders by making social goals a part of their overall business operations. It also gives a fresh view of the new concept of socially responsible restructuring. For those seeking to promote socially responsible practices in restructuring, the book provides a unique and stimulating analysis and touchstone.


Book Synopsis Corporate Social Responsibility, Corporate Restructuring and Firm's Performance by : Liangrong Zu

Download or read book Corporate Social Responsibility, Corporate Restructuring and Firm's Performance written by Liangrong Zu and published by Springer Science & Business Media. This book was released on 2008-10-01 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: In today’s globalized and competitive business environment, companies increasingly look to restructuring, mergers & acquisitions and downsizing to survive, grow and maximize profits. However, when they are not managed in a socially responsible manner, restructurings may exert the negative impact on employees, shareholders, communities, and society as a whole. The book empirically explores the phenomena of corporate social responsibility (CSR), restructuring, and relationships with firms’ performance in China. It gives an insight into how Chinese firms respond to expectations of stakeholders by making social goals a part of their overall business operations. It also gives a fresh view of the new concept of socially responsible restructuring. For those seeking to promote socially responsible practices in restructuring, the book provides a unique and stimulating analysis and touchstone.


Management of Organizational Change

Management of Organizational Change

Author: K Harigopal

Publisher: SAGE

Published: 2006-04-14

Total Pages: 372

ISBN-13: 9780761934158

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Organizational Change is a complex yet essential process for growth and development in business. The second edition of this insightful book examines the nature of this critical process in the light of the rapid changes in the business environment and intense global competition.The author revisits fundamental concepts, as well as presents new ideas, activities, and processes associated with how to plan, implement and manage effective transformational change. The book highlights:- The nature and process of transformational change and the paradigms basic to the change process- The basic concepts and strategic leverages of change- The need for and ways of aligning current tasks, systems, processes, and culture with organizational goals- The support systems required for change and the need to develop and maintain these systems- Ways of tuning organizations for change- Managing change through people by optimizing individual and group effortsSupported by numerous case studies and written in a lucid and reader-friendly style, this book will be a definitive guide for students, scholars, and practitioners.


Book Synopsis Management of Organizational Change by : K Harigopal

Download or read book Management of Organizational Change written by K Harigopal and published by SAGE. This book was released on 2006-04-14 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: Organizational Change is a complex yet essential process for growth and development in business. The second edition of this insightful book examines the nature of this critical process in the light of the rapid changes in the business environment and intense global competition.The author revisits fundamental concepts, as well as presents new ideas, activities, and processes associated with how to plan, implement and manage effective transformational change. The book highlights:- The nature and process of transformational change and the paradigms basic to the change process- The basic concepts and strategic leverages of change- The need for and ways of aligning current tasks, systems, processes, and culture with organizational goals- The support systems required for change and the need to develop and maintain these systems- Ways of tuning organizations for change- Managing change through people by optimizing individual and group effortsSupported by numerous case studies and written in a lucid and reader-friendly style, this book will be a definitive guide for students, scholars, and practitioners.


ReOrg

ReOrg

Author: Stephen Heidari-Robinson

Publisher: Harvard Business Review Press

Published: 2016-10-25

Total Pages: 256

ISBN-13: 1633692248

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A Practical Guide in Five Steps Most executives will lead or be a part of a reorganization effort (a reorg) at some point in their careers. And with good reason—reorgs are one of the best ways for companies to unlock latent value, especially in a changing business environment. But everyone hates them. No other management practice creates more anxiety and fear among employees or does more to distract them from their day-to-day jobs. As a result, reorgs can be incredibly expensive in terms of senior-management time and attention, and most of them fail on multiple dimensions. It’s no wonder companies treat a reorg as a mysterious process and outsource it to people who don’t understand the business. It doesn’t have to be this way. Stephen Heidari-Robinson and Suzanne Heywood, former leaders in McKinsey’s Organization Practice, present a practical guide for successfully planning and implementing a reorg in five steps—demystifying and accelerating the process at the same time. Based on their twenty-five years of combined experience managing reorgs and on McKinsey research with over 2,500 executives involved in them, the authors distill what they and their McKinsey colleagues have been practicing as an “art” into a “science” that executives can replicate—in companies or business units large or small. It isn’t rocket science and it isn’t bogged down by a lot of organizational theory: the five steps give people a simple, logical process to follow, making it easier for everyone—both the leaders and the employees who ultimately determine a reorg’s success or failure—to commit themselves to and succeed in the new organization.


Book Synopsis ReOrg by : Stephen Heidari-Robinson

Download or read book ReOrg written by Stephen Heidari-Robinson and published by Harvard Business Review Press. This book was released on 2016-10-25 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Practical Guide in Five Steps Most executives will lead or be a part of a reorganization effort (a reorg) at some point in their careers. And with good reason—reorgs are one of the best ways for companies to unlock latent value, especially in a changing business environment. But everyone hates them. No other management practice creates more anxiety and fear among employees or does more to distract them from their day-to-day jobs. As a result, reorgs can be incredibly expensive in terms of senior-management time and attention, and most of them fail on multiple dimensions. It’s no wonder companies treat a reorg as a mysterious process and outsource it to people who don’t understand the business. It doesn’t have to be this way. Stephen Heidari-Robinson and Suzanne Heywood, former leaders in McKinsey’s Organization Practice, present a practical guide for successfully planning and implementing a reorg in five steps—demystifying and accelerating the process at the same time. Based on their twenty-five years of combined experience managing reorgs and on McKinsey research with over 2,500 executives involved in them, the authors distill what they and their McKinsey colleagues have been practicing as an “art” into a “science” that executives can replicate—in companies or business units large or small. It isn’t rocket science and it isn’t bogged down by a lot of organizational theory: the five steps give people a simple, logical process to follow, making it easier for everyone—both the leaders and the employees who ultimately determine a reorg’s success or failure—to commit themselves to and succeed in the new organization.


Restructuring for Corporate Success

Restructuring for Corporate Success

Author: Nikolai Rogovsky

Publisher: International Labour Organization

Published: 2005

Total Pages: 156

ISBN-13: 9789221154303

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This publication explores the use of socially sensitive enterprise restructuring (SSER) approaches by companies to help minimise the social costs for workers of downsizing, drawing on examples of good practice and case studies from different countries. Issues discussed include the importance of good labour management relations; communication strategies; the use of counselling, training and job searching strategies; early retirement, mobility and severence packages; alternative work schedules; and the various stages of the workforce reduction process.


Book Synopsis Restructuring for Corporate Success by : Nikolai Rogovsky

Download or read book Restructuring for Corporate Success written by Nikolai Rogovsky and published by International Labour Organization. This book was released on 2005 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication explores the use of socially sensitive enterprise restructuring (SSER) approaches by companies to help minimise the social costs for workers of downsizing, drawing on examples of good practice and case studies from different countries. Issues discussed include the importance of good labour management relations; communication strategies; the use of counselling, training and job searching strategies; early retirement, mobility and severence packages; alternative work schedules; and the various stages of the workforce reduction process.


The New Organizational Reality

The New Organizational Reality

Author: Marilyn K. Gowing

Publisher: Amer Psychological Assn

Published: 1997

Total Pages: 278

ISBN-13: 9781557984623

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This text describes and assesses the impact of restructuring and downsizing on both employees and companies. It presents case studies showing how organizations have successfully managed restructuring, and discusses principles and practices for revitalizing companies affected by restructuring.


Book Synopsis The New Organizational Reality by : Marilyn K. Gowing

Download or read book The New Organizational Reality written by Marilyn K. Gowing and published by Amer Psychological Assn. This book was released on 1997 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text describes and assesses the impact of restructuring and downsizing on both employees and companies. It presents case studies showing how organizations have successfully managed restructuring, and discusses principles and practices for revitalizing companies affected by restructuring.


Handbook of Research on Corporate Restructuring and Globalization

Handbook of Research on Corporate Restructuring and Globalization

Author: Moreira, Antonio Carrizo

Publisher: IGI Global

Published: 2019-05-31

Total Pages: 408

ISBN-13: 1522589074

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While acquisitions and expansion strategies are understood as exciting in the business world, contraction activities are received less enthusiastically. Nevertheless, portfolio restructuring constitutes a strategic tool to increase the strategic focus of firms and achieve economies of scale and an efficient control of multiple business units. This restructuring thus has distinct implications for companies and units. The Handbook of Research on Corporate Restructuring and Globalization provides emerging research on the theoretical infrastructure for portfolio restructuring in a single piece of work and explores important topics in the field including the implications on foreign and domestic units and the degree to which increasing globalization influences restructuring practices. Featuring coverage on a broad range of topics such as emerging markets, risk assessment, and global business, this book is ideally designed for corporate managers, government officials, scholars, researchers, and students.


Book Synopsis Handbook of Research on Corporate Restructuring and Globalization by : Moreira, Antonio Carrizo

Download or read book Handbook of Research on Corporate Restructuring and Globalization written by Moreira, Antonio Carrizo and published by IGI Global. This book was released on 2019-05-31 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: While acquisitions and expansion strategies are understood as exciting in the business world, contraction activities are received less enthusiastically. Nevertheless, portfolio restructuring constitutes a strategic tool to increase the strategic focus of firms and achieve economies of scale and an efficient control of multiple business units. This restructuring thus has distinct implications for companies and units. The Handbook of Research on Corporate Restructuring and Globalization provides emerging research on the theoretical infrastructure for portfolio restructuring in a single piece of work and explores important topics in the field including the implications on foreign and domestic units and the degree to which increasing globalization influences restructuring practices. Featuring coverage on a broad range of topics such as emerging markets, risk assessment, and global business, this book is ideally designed for corporate managers, government officials, scholars, researchers, and students.


Creating Value Through Corporate Restructuring

Creating Value Through Corporate Restructuring

Author: Stuart C. Gilson

Publisher: John Wiley & Sons

Published: 2010-04-05

Total Pages: 852

ISBN-13: 0470503521

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An updated look at how corporate restructuring really works Stuart Gilson is one of the leading corporate restructuring experts in the United States, teaching thousands of students and consulting with numerous companies. Now, in the second edition of this bestselling book, Gilson returns to present new insight into corporate restructuring. Through real-world case studies that involve some of the most prominent restructurings of the last ten years, and highlighting the increased role of hedge funds in distressed investing, you'll develop a better sense of the restructuring process and how it can truly create value. In addition to "classic" buyout and structuring case studies, this second edition includes coverage of Delphi, General Motors, the Finova Group and Warren Buffett, Kmart and Sears, Adelphia Communications, Seagate Technology, Dupont-Conoco, and even the Eurotunnel debt restructuring. Covers corporate bankruptcy reorganization, debt workouts, "vulture" investing, equity spin-offs, asset divestitures, and much more Addresses the effect of employee layoffs and corporate downsizing Examines how companies allocate value and when a corporation should "pull the trigger" From hedge funds to financial fraud to subprime busts, this second edition offers a rare look at some of the most innovative and controversial restructurings ever.


Book Synopsis Creating Value Through Corporate Restructuring by : Stuart C. Gilson

Download or read book Creating Value Through Corporate Restructuring written by Stuart C. Gilson and published by John Wiley & Sons. This book was released on 2010-04-05 with total page 852 pages. Available in PDF, EPUB and Kindle. Book excerpt: An updated look at how corporate restructuring really works Stuart Gilson is one of the leading corporate restructuring experts in the United States, teaching thousands of students and consulting with numerous companies. Now, in the second edition of this bestselling book, Gilson returns to present new insight into corporate restructuring. Through real-world case studies that involve some of the most prominent restructurings of the last ten years, and highlighting the increased role of hedge funds in distressed investing, you'll develop a better sense of the restructuring process and how it can truly create value. In addition to "classic" buyout and structuring case studies, this second edition includes coverage of Delphi, General Motors, the Finova Group and Warren Buffett, Kmart and Sears, Adelphia Communications, Seagate Technology, Dupont-Conoco, and even the Eurotunnel debt restructuring. Covers corporate bankruptcy reorganization, debt workouts, "vulture" investing, equity spin-offs, asset divestitures, and much more Addresses the effect of employee layoffs and corporate downsizing Examines how companies allocate value and when a corporation should "pull the trigger" From hedge funds to financial fraud to subprime busts, this second edition offers a rare look at some of the most innovative and controversial restructurings ever.