Denis Saint-Martin
- Published in print:
- 2004
- Published Online:
- October 2011
- ISBN:
- 9780199269068
- eISBN:
- 9780191699344
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199269068.001.0001
- Subject:
- Business and Management, Public Management, Organization Studies
In the 1980s and 1990s the governance witnessed a shift from the Weberian model of bureaucracy to the ‘new managerialism’ — a term used to describe the group of ideas imported from business and ...
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In the 1980s and 1990s the governance witnessed a shift from the Weberian model of bureaucracy to the ‘new managerialism’ — a term used to describe the group of ideas imported from business and mainly brought into government by management consultants. Over the past fifteen years, the British, French, and Canadian governments have spent growing sums of money on consulting services, thus, policy makers inside the state have increasingly been exposed to the business management ideas that consultants bring into the public sector. There are major differences in the extent to which reformers in these countries accepted these ideas in bureaucratic reform. Accordingly, this is a book about policy change and variation. It shows that the reception given by states to managerialist ideas depends on the openness of policy-making institutions to outside expert knowledge and on the organization, development, and social recognition of management consultancy.Less
In the 1980s and 1990s the governance witnessed a shift from the Weberian model of bureaucracy to the ‘new managerialism’ — a term used to describe the group of ideas imported from business and mainly brought into government by management consultants. Over the past fifteen years, the British, French, and Canadian governments have spent growing sums of money on consulting services, thus, policy makers inside the state have increasingly been exposed to the business management ideas that consultants bring into the public sector. There are major differences in the extent to which reformers in these countries accepted these ideas in bureaucratic reform. Accordingly, this is a book about policy change and variation. It shows that the reception given by states to managerialist ideas depends on the openness of policy-making institutions to outside expert knowledge and on the organization, development, and social recognition of management consultancy.
C. A. Bayly
- Published in print:
- 2012
- Published Online:
- September 2012
- ISBN:
- 9780198077466
- eISBN:
- 9780199081110
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780198077466.003.0026
- Subject:
- History, Economic History
This chapter considers the merchant family in north India during pre-colonial and early periods as a business enterprise. It suggests that many of the patterns of behaviour which seem to characterise ...
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This chapter considers the merchant family in north India during pre-colonial and early periods as a business enterprise. It suggests that many of the patterns of behaviour which seem to characterise the family firm of nineteenth-century north India can be understood as tactics to avoid the risks of operating in a peculiarly hostile business climate. It explains that from early youth, children in merchant families were taught that good business involved the constant division of capital into small, manageable portfolios. It also discusses business management practices including double entry bookkeeping and the use of a central daily cash book.Less
This chapter considers the merchant family in north India during pre-colonial and early periods as a business enterprise. It suggests that many of the patterns of behaviour which seem to characterise the family firm of nineteenth-century north India can be understood as tactics to avoid the risks of operating in a peculiarly hostile business climate. It explains that from early youth, children in merchant families were taught that good business involved the constant division of capital into small, manageable portfolios. It also discusses business management practices including double entry bookkeeping and the use of a central daily cash book.
Alan M. Rugman and Joseph R. D’cruz
- Published in print:
- 2003
- Published Online:
- October 2011
- ISBN:
- 9780199258185
- eISBN:
- 9780191698521
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199258185.003.0001
- Subject:
- Business and Management, Strategy, International Business
Current trends in the business management and international relational strategies require the flagship paradigm or the five partners model to deal with managerial, organisational, and business policy ...
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Current trends in the business management and international relational strategies require the flagship paradigm or the five partners model to deal with managerial, organisational, and business policy issues in the context of multinational enterprises or MNEs. The five partners method features a flagship establishment (most commonly an MNE), major suppliers, leading clients, competitors, and a non-business infrastructure (NBI). The last partner deals with non-traded service providers, state, public services, medical aid, culture, and human capital. Such a model aims to incorporate the innovative ideas regarding corporate networks available and case studies conducted in the North American and European settings. After these, comparative studies will be conducted in Asian countries with parallel (but definitely unique) business links such as the vertical keiretsu of Japan, the chaebol of Korea, and the family-owned firms of China.Less
Current trends in the business management and international relational strategies require the flagship paradigm or the five partners model to deal with managerial, organisational, and business policy issues in the context of multinational enterprises or MNEs. The five partners method features a flagship establishment (most commonly an MNE), major suppliers, leading clients, competitors, and a non-business infrastructure (NBI). The last partner deals with non-traded service providers, state, public services, medical aid, culture, and human capital. Such a model aims to incorporate the innovative ideas regarding corporate networks available and case studies conducted in the North American and European settings. After these, comparative studies will be conducted in Asian countries with parallel (but definitely unique) business links such as the vertical keiretsu of Japan, the chaebol of Korea, and the family-owned firms of China.
Derek Matthews, Malcolm Anderson, and John Richard Edwards
- Published in print:
- 1998
- Published Online:
- October 2011
- ISBN:
- 9780198289609
- eISBN:
- 9780191684753
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780198289609.001.0001
- Subject:
- Business and Management, Finance, Accounting, and Banking, Business History
The leading professional accounting bodies in Britain today boast more than a quarter of a million qualified members and accountants are moving into top management positions in increasing numbers. ...
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The leading professional accounting bodies in Britain today boast more than a quarter of a million qualified members and accountants are moving into top management positions in increasing numbers. Accountants have become the foremost professional grouping in British business management. This book documents the rise of the accountancy profession, from the handful of accountants listed in the trade directories of the major cities in the late 18th century to the huge commercially-oriented firms of the late 20th century. The book focuses on the individual – the professional accountant – and adopts an economic determinist analysis to explain the rise of public practice and the transfer of staff to industry in increasing numbers. It also considers the routes through which this transfer of skills took place, and identifies demand and supply side factors to explain the professional accountant's present hegemony in business management.Less
The leading professional accounting bodies in Britain today boast more than a quarter of a million qualified members and accountants are moving into top management positions in increasing numbers. Accountants have become the foremost professional grouping in British business management. This book documents the rise of the accountancy profession, from the handful of accountants listed in the trade directories of the major cities in the late 18th century to the huge commercially-oriented firms of the late 20th century. The book focuses on the individual – the professional accountant – and adopts an economic determinist analysis to explain the rise of public practice and the transfer of staff to industry in increasing numbers. It also considers the routes through which this transfer of skills took place, and identifies demand and supply side factors to explain the professional accountant's present hegemony in business management.
Giovanni Dosi, David J. Teece, and Josef Chytry (eds)
- Published in print:
- 1998
- Published Online:
- November 2003
- ISBN:
- 9780198290964
- eISBN:
- 9780191596162
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/0198290969.001.0001
- Subject:
- Economics and Finance, Microeconomics
The profitability and growth of business firms is increasingly dependent upon the development and astute deployment of intangible (knowledge) assets. Wealth creation in an open world economy depends ...
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The profitability and growth of business firms is increasingly dependent upon the development and astute deployment of intangible (knowledge) assets. Wealth creation in an open world economy depends critically on technological innovation, and this in turn involves developing, owning, and astutely orchestrating knowledge assets and intellectual property. This is what is meant by dynamic capabilities. The value‐enhancing skills required in management are gravitating away from the administrative towards the entrepreneurial. The determinants of a firm's innovative capacity are rooted in organizational design, incentives, human resources, internal culture, and external linkages. Profiting from innovation is always a challenge, requiring the right business model, integration strategy, and organizational form. Licensing is one of many ways to capture value from innovation, but is generally not the most profitable, except when intellectual property rights are secure. Imitators are prolific and the survival and prosperity of the innovator requires the astute orchestration of intellectual property rights, and complementary assets. Managers designing market entry strategies must also be mindful of the evolution of standards. This book develops the principles involved in firm management and illustrates the interplay of these ideas.Less
The profitability and growth of business firms is increasingly dependent upon the development and astute deployment of intangible (knowledge) assets. Wealth creation in an open world economy depends critically on technological innovation, and this in turn involves developing, owning, and astutely orchestrating knowledge assets and intellectual property. This is what is meant by dynamic capabilities. The value‐enhancing skills required in management are gravitating away from the administrative towards the entrepreneurial. The determinants of a firm's innovative capacity are rooted in organizational design, incentives, human resources, internal culture, and external linkages. Profiting from innovation is always a challenge, requiring the right business model, integration strategy, and organizational form. Licensing is one of many ways to capture value from innovation, but is generally not the most profitable, except when intellectual property rights are secure. Imitators are prolific and the survival and prosperity of the innovator requires the astute orchestration of intellectual property rights, and complementary assets. Managers designing market entry strategies must also be mindful of the evolution of standards. This book develops the principles involved in firm management and illustrates the interplay of these ideas.
Rikkie Yeung
- Published in print:
- 2008
- Published Online:
- September 2011
- ISBN:
- 9789622098824
- eISBN:
- 9789882207196
- Item type:
- chapter
- Publisher:
- Hong Kong University Press
- DOI:
- 10.5790/hongkong/9789622098824.003.0005
- Subject:
- Economics and Finance, South and East Asia
This chapter reviews the MTRC's corporate history of struggling for financial survival to high profitability, interactions between the managing board and management, and evolution of corporate ...
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This chapter reviews the MTRC's corporate history of struggling for financial survival to high profitability, interactions between the managing board and management, and evolution of corporate strategies under different corporate leaders. The MTRC is one of the largest local property developers in Hong Kong. It has completed over 33 residential estates, office buildings, shopping centres, hotels, and car parks. The MTRC is innovative and aggressive in other commercial businesses, more so than the KCRC. In early years, the MTRC did struggle hard. For financial survival, it had to be prudent, innovative, and follow international standards in financial and business management. Over the years, the MTRC has developed a strong culture of corporate professionalism, commercial orientation, and autonomy from the government.Less
This chapter reviews the MTRC's corporate history of struggling for financial survival to high profitability, interactions between the managing board and management, and evolution of corporate strategies under different corporate leaders. The MTRC is one of the largest local property developers in Hong Kong. It has completed over 33 residential estates, office buildings, shopping centres, hotels, and car parks. The MTRC is innovative and aggressive in other commercial businesses, more so than the KCRC. In early years, the MTRC did struggle hard. For financial survival, it had to be prudent, innovative, and follow international standards in financial and business management. Over the years, the MTRC has developed a strong culture of corporate professionalism, commercial orientation, and autonomy from the government.
Joan C. Tonn
- Published in print:
- 2003
- Published Online:
- October 2013
- ISBN:
- 9780300096217
- eISBN:
- 9780300128024
- Item type:
- chapter
- Publisher:
- Yale University Press
- DOI:
- 10.12987/yale/9780300096217.003.0020
- Subject:
- History, Political History
In the summer of 1924, Mary P. Follett suffered yet another health-related crisis but found renewed strength due to her meditations on spiritual healing and her intimate relationship with Richard and ...
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In the summer of 1924, Mary P. Follett suffered yet another health-related crisis but found renewed strength due to her meditations on spiritual healing and her intimate relationship with Richard and Ella Cabot. Once she regained her strength, Follett continued her work, including a study of employee morale at Henry S. Dennison's paper products manufacturing firm. Both Follett and Dennison were invited by the Bureau of Personnel Administration, headed by Henry Metcalf, to speak to a group of business executives, the Executive Conference Group, in midtown Manhattan early in 1925. Follett delivered four lectures that addressed the psychological foundations of business management and shed considerable light on her assessment of the most widely known and influential management system of her day: scientific management. In her lectures, Follett tackled constructive conflict, giving of orders as a creative experience in the workplace, the worker's role in unifying business organizations, and the role of power in integrating differences between management and labor.Less
In the summer of 1924, Mary P. Follett suffered yet another health-related crisis but found renewed strength due to her meditations on spiritual healing and her intimate relationship with Richard and Ella Cabot. Once she regained her strength, Follett continued her work, including a study of employee morale at Henry S. Dennison's paper products manufacturing firm. Both Follett and Dennison were invited by the Bureau of Personnel Administration, headed by Henry Metcalf, to speak to a group of business executives, the Executive Conference Group, in midtown Manhattan early in 1925. Follett delivered four lectures that addressed the psychological foundations of business management and shed considerable light on her assessment of the most widely known and influential management system of her day: scientific management. In her lectures, Follett tackled constructive conflict, giving of orders as a creative experience in the workplace, the worker's role in unifying business organizations, and the role of power in integrating differences between management and labor.
Joan C. Tonn
- Published in print:
- 2003
- Published Online:
- October 2013
- ISBN:
- 9780300096217
- eISBN:
- 9780300128024
- Item type:
- chapter
- Publisher:
- Yale University Press
- DOI:
- 10.12987/yale/9780300096217.003.0021
- Subject:
- History, Political History
Engulfed in grief over the death of her partner Isabella Louisa Briggs, Mary P. Follett again sought refuge in service. She delivered lectures at the Bureau of Personnel Administration and others ...
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Engulfed in grief over the death of her partner Isabella Louisa Briggs, Mary P. Follett again sought refuge in service. She delivered lectures at the Bureau of Personnel Administration and others between 1926 through 1928, applying the principles articulated in her earlier books and lectures to some of the pressing problems of business management. In these lectures, she argued that the most fundamental idea in business organization was “function,” from which authority and responsibility are derived. She also discussed the implications of employee representation for managers, administrative leadership, the psychology of control, consent and participation, and creating integrations through mediation rather than arbitration.Less
Engulfed in grief over the death of her partner Isabella Louisa Briggs, Mary P. Follett again sought refuge in service. She delivered lectures at the Bureau of Personnel Administration and others between 1926 through 1928, applying the principles articulated in her earlier books and lectures to some of the pressing problems of business management. In these lectures, she argued that the most fundamental idea in business organization was “function,” from which authority and responsibility are derived. She also discussed the implications of employee representation for managers, administrative leadership, the psychology of control, consent and participation, and creating integrations through mediation rather than arbitration.
Joan C. Tonn
- Published in print:
- 2003
- Published Online:
- October 2013
- ISBN:
- 9780300096217
- eISBN:
- 9780300128024
- Item type:
- book
- Publisher:
- Yale University Press
- DOI:
- 10.12987/yale/9780300096217.001.0001
- Subject:
- History, Political History
Mary P. Follett (1868–1933) brought new dimensions to the theory and practice of management and was one of America's pre-eminent thinkers about democracy and social organization. The ideas Follett ...
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Mary P. Follett (1868–1933) brought new dimensions to the theory and practice of management and was one of America's pre-eminent thinkers about democracy and social organization. The ideas Follett developed in the early twentieth century continue even today to challenge thinking about business and civic concerns. This biography of Follett illuminates the life of this intriguing woman and reveals how she developed her farsighted theories about the organization of human relations. Out of twenty years of civic work in Boston's immigrant neighborhoods, Follett developed ideas about the group basis of democracy and the foundations of social interaction that placed her among leading progressive intellectuals. Later in her career, she delivered influential lectures on business management that form the basis of our contemporary discourse about collaborative leadership, worker empowerment, self-managed teams, conflict resolution, the value of inclusivity and diversity, and corporate social responsibility.Less
Mary P. Follett (1868–1933) brought new dimensions to the theory and practice of management and was one of America's pre-eminent thinkers about democracy and social organization. The ideas Follett developed in the early twentieth century continue even today to challenge thinking about business and civic concerns. This biography of Follett illuminates the life of this intriguing woman and reveals how she developed her farsighted theories about the organization of human relations. Out of twenty years of civic work in Boston's immigrant neighborhoods, Follett developed ideas about the group basis of democracy and the foundations of social interaction that placed her among leading progressive intellectuals. Later in her career, she delivered influential lectures on business management that form the basis of our contemporary discourse about collaborative leadership, worker empowerment, self-managed teams, conflict resolution, the value of inclusivity and diversity, and corporate social responsibility.
- Published in print:
- 2009
- Published Online:
- June 2013
- ISBN:
- 9780804760140
- eISBN:
- 9780804771146
- Item type:
- chapter
- Publisher:
- Stanford University Press
- DOI:
- 10.11126/stanford/9780804760140.003.0001
- Subject:
- Business and Management, Strategy
This book explores how culture shapes management and the economic development of Latin America. It argues that at least part of the observed lower productivity of Latin American countries such as ...
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This book explores how culture shapes management and the economic development of Latin America. It argues that at least part of the observed lower productivity of Latin American countries such as Brazil and Argentina can be attributed to poor management due to lack of research to adapt managerial practice to local cultures. It discusses culture and its relevance to development and organizations, including business organizations. The book looks at developmental paths and business management options; examines issues such as stereotypes and religion, the political and economic significance of the Black Plague, or the attitudinal proclivities of Spain and Portugal at the time of the Reconquista; and assesses the adequacy of North American management techniques for dimensions in Latin America such as managerial control, teamwork appraisal and compensation, or communication patterns. It also considers cultures of the New World such as the United States, Argentina, and Brazil. Finally, the book delves into the main contributors to the field of cross-cultural management, including Geert Hofstede, Fons Trompenaars, Shalom Schwartz, and Mary Douglas.Less
This book explores how culture shapes management and the economic development of Latin America. It argues that at least part of the observed lower productivity of Latin American countries such as Brazil and Argentina can be attributed to poor management due to lack of research to adapt managerial practice to local cultures. It discusses culture and its relevance to development and organizations, including business organizations. The book looks at developmental paths and business management options; examines issues such as stereotypes and religion, the political and economic significance of the Black Plague, or the attitudinal proclivities of Spain and Portugal at the time of the Reconquista; and assesses the adequacy of North American management techniques for dimensions in Latin America such as managerial control, teamwork appraisal and compensation, or communication patterns. It also considers cultures of the New World such as the United States, Argentina, and Brazil. Finally, the book delves into the main contributors to the field of cross-cultural management, including Geert Hofstede, Fons Trompenaars, Shalom Schwartz, and Mary Douglas.
Sema K. Sgaier
- Published in print:
- 2014
- Published Online:
- September 2014
- ISBN:
- 9780199450459
- eISBN:
- 9780199083084
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199450459.003.0008
- Subject:
- Economics and Finance, Development, Growth, and Environmental
Chapter 8 presents the Bill and Melinda Gates Foundation’s ‘game changing’ approach—the Avahan Program—for tackling India’s rapidly escalating HIV/AIDS epidemic in 2003. Its objectives were to ...
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Chapter 8 presents the Bill and Melinda Gates Foundation’s ‘game changing’ approach—the Avahan Program—for tackling India’s rapidly escalating HIV/AIDS epidemic in 2003. Its objectives were to provide HIV/AIDS services to 300,000 High-risk Groups and over five million men at risk, simultaneously across 600 towns in 83 districts within the first 3 years. To effectively roll out this ambitious initiative, they drew on many of the principles underlying the strategy of a large company. These included (1) market analysis and consumer profiling, (2) designing the business package and service delivery approach, (3) managing the delivery chain, (4) balancing supply with demand, (5) continuous and real-time monitoring of data, and (6) integrating a sustainability strategy into the design. This chapter presents Avahan’s ‘business management framework’ and takes us through each of these steps in the delivery of its innovative programme, simultaneously addressing many of its challenges and criticisms.Less
Chapter 8 presents the Bill and Melinda Gates Foundation’s ‘game changing’ approach—the Avahan Program—for tackling India’s rapidly escalating HIV/AIDS epidemic in 2003. Its objectives were to provide HIV/AIDS services to 300,000 High-risk Groups and over five million men at risk, simultaneously across 600 towns in 83 districts within the first 3 years. To effectively roll out this ambitious initiative, they drew on many of the principles underlying the strategy of a large company. These included (1) market analysis and consumer profiling, (2) designing the business package and service delivery approach, (3) managing the delivery chain, (4) balancing supply with demand, (5) continuous and real-time monitoring of data, and (6) integrating a sustainability strategy into the design. This chapter presents Avahan’s ‘business management framework’ and takes us through each of these steps in the delivery of its innovative programme, simultaneously addressing many of its challenges and criticisms.
- Published in print:
- 2009
- Published Online:
- June 2013
- ISBN:
- 9780804760140
- eISBN:
- 9780804771146
- Item type:
- chapter
- Publisher:
- Stanford University Press
- DOI:
- 10.11126/stanford/9780804760140.003.0002
- Subject:
- Business and Management, Strategy
Contrary to what the Davos Man preaches, modernization does not necessarily mean adopting the Davos culture. Rather, modernization more often than not means a return to indigenous values, as in ...
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Contrary to what the Davos Man preaches, modernization does not necessarily mean adopting the Davos culture. Rather, modernization more often than not means a return to indigenous values, as in Bolivia's Evo Morales, or the popular appeal of Peru's Ollanta Humala. The Davos Man is merely a slim developmental option, and not necessarily the one with the greatest chance of success in Latin America. At the outset of the millennium, there has been a backlash against globalization in Latin America such as Brazil, Argentina, Bolivia, Panama, Ecuador, Venezuela, and Uruguay. This chapter discusses the impact of culture on development in Latin America, along with stereotypes, national identity, some traits of the Iberian culture that are generally frowned upon by the Davos Men, and business management and development in Iberian America.Less
Contrary to what the Davos Man preaches, modernization does not necessarily mean adopting the Davos culture. Rather, modernization more often than not means a return to indigenous values, as in Bolivia's Evo Morales, or the popular appeal of Peru's Ollanta Humala. The Davos Man is merely a slim developmental option, and not necessarily the one with the greatest chance of success in Latin America. At the outset of the millennium, there has been a backlash against globalization in Latin America such as Brazil, Argentina, Bolivia, Panama, Ecuador, Venezuela, and Uruguay. This chapter discusses the impact of culture on development in Latin America, along with stereotypes, national identity, some traits of the Iberian culture that are generally frowned upon by the Davos Men, and business management and development in Iberian America.
Radim Bělohlávek, Joseph W. Dauben, and George J. Klir
- Published in print:
- 2017
- Published Online:
- June 2017
- ISBN:
- 9780190200015
- eISBN:
- 9780190200039
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/oso/9780190200015.003.0006
- Subject:
- Philosophy, Logic/Philosophy of Mathematics, General
The high visibility of fuzzy logic and mathematics based on fuzzy logic is primarily due to their highly successful applications in many areas of human affairs. The aim of this chapter is to ...
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The high visibility of fuzzy logic and mathematics based on fuzzy logic is primarily due to their highly successful applications in many areas of human affairs. The aim of this chapter is to characterize the evolution and current status of these applications. Covered are applications in the various areas of engineering, natural, social and earth sciences, psychology, medicine, management and business, decision making, pattern recognition, image analysis, risk analysis, music, among others. In each of these areas, the significance of using fuzzy logic and the associated mathematics is critically assessed. It is argued that in some application areas, such as psychology or quantum mechanics, a cooperation between researchers in fuzzy logic and those in the application domain, leading possibly to new types of nonstandard fuzzy sets, is essential for further progress.Less
The high visibility of fuzzy logic and mathematics based on fuzzy logic is primarily due to their highly successful applications in many areas of human affairs. The aim of this chapter is to characterize the evolution and current status of these applications. Covered are applications in the various areas of engineering, natural, social and earth sciences, psychology, medicine, management and business, decision making, pattern recognition, image analysis, risk analysis, music, among others. In each of these areas, the significance of using fuzzy logic and the associated mathematics is critically assessed. It is argued that in some application areas, such as psychology or quantum mechanics, a cooperation between researchers in fuzzy logic and those in the application domain, leading possibly to new types of nonstandard fuzzy sets, is essential for further progress.
Eitan Y. Wilf
- Published in print:
- 2019
- Published Online:
- September 2019
- ISBN:
- 9780226606835
- eISBN:
- 9780226607023
- Item type:
- chapter
- Publisher:
- University of Chicago Press
- DOI:
- 10.7208/chicago/9780226607023.003.0004
- Subject:
- Anthropology, Social and Cultural Anthropology
This chapter argues that although it might appear that Romantic creativity has been eradicated from the innovation process by means of its algorithmic-like structure, in practice such creativity has ...
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This chapter argues that although it might appear that Romantic creativity has been eradicated from the innovation process by means of its algorithmic-like structure, in practice such creativity has become this process’s condition of possibility. Focusing on a specific innovation strategy as it is explained in a business management book, the chapter argues that this strategy transforms human creativity into a manageable and reliable resource by displacing it from the innovator and consumer to the non-human elements of the innovation process, namely the products that are in need of innovation. This strategy stipulates that all the information the innovator needs in order to generate ideas for new products can be found in the history of the evolution of the forms of past successful products. This evolution reveals crucial information about existing products’ “creative potential” to develop into new products that will tap into consumers’ “unmet needs.” The innovator thus transforms the product into a quasi-person endowed with a creative potential for development—a new kind of commodity fetishism, and the consumer into a static, quasi-object whose needs emerge deterministically and can be inferred in advance by the innovator based on the systematic analysis of the product.Less
This chapter argues that although it might appear that Romantic creativity has been eradicated from the innovation process by means of its algorithmic-like structure, in practice such creativity has become this process’s condition of possibility. Focusing on a specific innovation strategy as it is explained in a business management book, the chapter argues that this strategy transforms human creativity into a manageable and reliable resource by displacing it from the innovator and consumer to the non-human elements of the innovation process, namely the products that are in need of innovation. This strategy stipulates that all the information the innovator needs in order to generate ideas for new products can be found in the history of the evolution of the forms of past successful products. This evolution reveals crucial information about existing products’ “creative potential” to develop into new products that will tap into consumers’ “unmet needs.” The innovator thus transforms the product into a quasi-person endowed with a creative potential for development—a new kind of commodity fetishism, and the consumer into a static, quasi-object whose needs emerge deterministically and can be inferred in advance by the innovator based on the systematic analysis of the product.
Julie A. Nelson
- Published in print:
- 2006
- Published Online:
- February 2013
- ISBN:
- 9780226572024
- eISBN:
- 9780226572055
- Item type:
- chapter
- Publisher:
- University of Chicago Press
- DOI:
- 10.7208/chicago/9780226572055.003.0007
- Subject:
- Economics and Finance, Behavioural Economics
This chapter draws conclusions for the actions as citizens, workers, parents, employers, and shareholders. Bringing—and keeping—body and soul together is critically important for two hugely important ...
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This chapter draws conclusions for the actions as citizens, workers, parents, employers, and shareholders. Bringing—and keeping—body and soul together is critically important for two hugely important areas of life. An aversion to thinking about money when the topic of discussion is care has resulted to a crisis of resources in the caring sectors of the economy. On the other hand, an aversion to thinking about ethics when the topic is business has led to a crisis of responsibility in commercial life. It is believed that it will be people on the ground, working in business management or doing the work of care, who will be most helpful in breaking down the petrified eighteenth-century image of the economic machine. Additionally, it is recognized that the health of living, vital economies depends on the ethical decision making and the willingness to support relationships of care and respect.Less
This chapter draws conclusions for the actions as citizens, workers, parents, employers, and shareholders. Bringing—and keeping—body and soul together is critically important for two hugely important areas of life. An aversion to thinking about money when the topic of discussion is care has resulted to a crisis of resources in the caring sectors of the economy. On the other hand, an aversion to thinking about ethics when the topic is business has led to a crisis of responsibility in commercial life. It is believed that it will be people on the ground, working in business management or doing the work of care, who will be most helpful in breaking down the petrified eighteenth-century image of the economic machine. Additionally, it is recognized that the health of living, vital economies depends on the ethical decision making and the willingness to support relationships of care and respect.
- Published in print:
- 1996
- Published Online:
- June 2013
- ISBN:
- 9780853238003
- eISBN:
- 9781846317354
- Item type:
- chapter
- Publisher:
- Liverpool University Press
- DOI:
- 10.5949/UPO9781846317354.011
- Subject:
- History, British and Irish Modern History
This chapter suggests that the deterioration in the Granby ward in Liverpool was because of the lack of government action. It explains that the application of business management to local government ...
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This chapter suggests that the deterioration in the Granby ward in Liverpool was because of the lack of government action. It explains that the application of business management to local government led to the take-over of the administration of community affairs by the bureaucracy and highlights the failure of this approach to resolve the deepening crisis in the inner cities. This chapter also describes how Granby has become a society of the unwanted, the left-behind, and a population of rejects.Less
This chapter suggests that the deterioration in the Granby ward in Liverpool was because of the lack of government action. It explains that the application of business management to local government led to the take-over of the administration of community affairs by the bureaucracy and highlights the failure of this approach to resolve the deepening crisis in the inner cities. This chapter also describes how Granby has become a society of the unwanted, the left-behind, and a population of rejects.
