Book Description
For undergraduate strategy/strategic management courses. Wheelen and Hunger takes a unique approach to helping students synthesize all of the factors of the strategic process through a student friendly Strategic Management Model.
Customer Reviews:
Very useful, even after graduate school........1999-08-21
This was the book I used in my graduate consulting school in Arthur D. Little which was probably the most read of all my books, up to this time. I still used it as my reference now that I'm back here in Manila as a Financial executive and adopted it as my class textbook in my Strategic Management class.
Book Description
The tenth edition of Strategic Management is a current, well-written strategic management book with the most up-to-date compilation of cases available. Designed in functional four-color, it offers a popular practitioner-oriented perspective, focuses on skill-building in all major areas of strategy formation, implementation, and evaluation, and weaves three very contemporary themes throughout each chapter—globalization, the natural environment, and e-commerce. 46 Experiential Exercises, and 43 cases are included.
The author provides and overview of strategic management, as well as strategy formulation and implementation, strategy evaluation, strategic management case analysis, 46 Experiential Exercises and 43 cases including service company cases and manufacturing company cases.
For management professionals, small business owners and others involved in business.
Customer Reviews:
Good book.......2007-06-01
Easy reading, good explanations of basic concepts and up to date scenarios in real world.
Used at new price.......2005-10-01
I ordered the book new. It arrived with dented/chipped corners and a slightly torn spine on hardcover. I assumed it was new but slightly damaged from storage or shipping. Three weeks into the college term I am discovering highlighting already in the book. I feel ripped off.
not pleased at all........2005-09-01
I ordered the 7th edition as this page shows and incorrectly received the 5th edition. Problem was not corrected.
A good book, but not spectacular.......2003-09-01
This is a good, step-by-step book for strategic management.
It lays out the steps very well, but it could use a bit more information.
The financial ratios section could use more information, and the case studies are often unequal in the types of information that they carry. This makes it difficult to do competitor comparisons.
How do you rank a company's workers policy when only one case has information on it and the other does not? You cannot simply discount such information when it could be an important competitve factor.
Essentially, this is a good book for teaching you a process, but it could use some work on giving you more details.
Strategic Management: Concepts & Cases.......2002-03-20
It is a helpfull book, especially for anyone who deal with the strategy formulation. This book provide some valuable tools for analyzing the organization's environment, both external and internal, which is something special with this book that make it different with the other.
Book Description
The eighth edition of this best-selling book continues to provide readers with a realistic picture of actual collective bargaining and labor relations situations drawn from the authors' considerable experiences. Sections of actual labor agreements as well as arbitration cases and decisions of the National Labor Relations Board (NLRB) and the courts illustrate and emphasize contemporary issues of collective bargaining and labor relations. Experts in the fields of labor law and arbitration have contributed âtipsâ on how the concepts in the book can actually be applied.
In addition to covering history and law, workplace challenges, the collective bargaining process, and labor contracts, major features of this new edition include expanded coverage of public sector labor relations, international collective bargaining issues, union organizing and avoidance strategies, and collective bargaining in professional sports.
Because of its comprehensive coverage and excellent resource material, this book is an excellent reference for human resource directors, labor relations directors, personnel directors, and labor negotiators.
Customer Reviews:
Dry.......2007-02-19
I only bought this book because I'm in labor relations class. It's as dry as a piece of stale bread. But if you want to know anything and everything about Labor Relations and the history, BUY IT!
My first textbook order from Amazon.......2007-01-11
This is the first time I have order a textbook online. My experience was awesome. I received my order in a timely manner. The textbook was in outstanding condition. This text consisted of labor law material along with various labor law cases and procedures. I just order another book I am awaiting for the early arrival of this text.
THANK YOU AMAZON !!
Fairly good - Not excellent.......2004-11-19
I just took a college level class in which we used this book as the textbook. There is a lot of good information inside which provides a good introduction to the novice on how the process of collective bargaining works. It begins with the history of how it started and continues through the specific issues that collective bargaining entails. There is even a copy of the National Labor Relations Act in the back of the book.
There are some rough spots that should be worked out in the next edition however. Sometimes I found myself lost in the verbage that the author chose to use and had no idea what the point had been. The case studies at the ends of the chapters have no solutions, they ask questions of you and then leave you - a novice - to flounder with no professional direction in the event - which is frequent - that you can't figure out the answer. And, there are some typo's in key locations which end up disproving, instead of proving, the point that the author was attempting to make (very confusing.)
This text is best used in conjunction with lectures by a good professor if you want to get the most out of it.
Great Book.......2002-05-17
Great book for the novice negotiator or student.Current, easy to read, practical examples.
Concise & complete.......2002-04-11
The authors provide a complete & concise discussion of the process of collective bargaining within a general labor relations context. Many, current cases, tips from experts, and historical references help present the concepts. A solid text for the novice negotiator or interested student.
Amazon.com
To prove their various points, most books on business leadership focus strictly on either a series of standard, contemporary corporate illustrations or a single nontraditional model (such as a specific historic personality or a classic manuscript such as the Tao Te Ching). But Michael Useem, director of the Center for Leadership at the University of Pennsylvania's Wharton School, has long used poignant real-life examples of people facing their "moments of truth"--regardless of the setting--to teach students how best to perform under the pressures they will face in the business world. In The Leadership Moment: Nine True Stories of Triumph and Disaster and Their Lessons for Us All, Useem presents some of these surprisingly effective profiles to show how others have responded when push truly comes to shove. Among them are: the story of Roy Vagelos championing an unprofitable drug that ultimately wiped out a debilitating disease in Africa; how flight director Eugene Kranz worked calmly and efficiently to return the endangered Apollo 13 astronauts safely back to Earth; and a look at Arlene Blum's pioneering all-woman ascent of the 26,545-foot Himalayan peak Annapurna in 1978. --Howard Rothman
Book Description
Are you ready for the leadership moment?
Merck's Roy Vagelos commits millions of dollars to develop a drug needed only by people who can't afford it · Eugene Kranz struggles to bring the Apollo 13 astronauts home after an explosion rips through their spacecraft · Arlene Blum organizes the first women's ascent of one of the world's most dangerous mountains · Joshua Lawrence Chamberlain leads his tattered troops into a pivotal Civil War battle at Little Round Top · John Gutfreund loses Salomon Brothers when his inattention to a trading scandal almost topples the Wall Street giant · Clifton Wharton restructures a $50 billion pension system direly out of touch with its customers · Alfredo Cristiani transforms El Salvador's decade-long civil war into a negotiated settlement · Nancy Barry leads Women's World Banking in the fight against Third World poverty · Wagner Dodge faces the decision of a lifetime as a fast-moving forest fire overtakes his firefighting crew
Download Description
Eugene Kranz returning Apollo 13; Arlene Blum leading the first women's expedition climbing the Himalayan peak of Annapurna; Roy Vagelos committing Merck to spending hundreds of millions of dollars to develop a drug needed only by people who couldn't afford it; Alfredo Christian ending the civil war in El Salvador.
These are just some of the stories in this unusual and important book about leadership. Michael Useem believes that by examining what others have done when a business, a life, or even the fate of a nation is on the line, we all can learn what works and what fails, what hastens a cause or subverts a purpose, and what must be done when we must perform and lead under pressure.
Customer Reviews:
Warren Bennis is right: "It's one helluva read.".......2007-08-23
I read this book soon after it first appeared (in 1998) and recently re-read it, curious to know how well its core concepts and insights have held up. My conclusion? Very, very well. In his remarkably informative Foreword, Warren Bennis acknowledges having several reasons why he admires Michael Useem's book and cites three. First, Useem's selection of "cases" that focus on nine "real people, not stick figures"; the cases deal with what in theater would be called "turning points" (i.e. "life-challenging, morally consequential events fraught with risk and danger"); and third, the principles that Useem examines can be applied to any organization, regardless of size or nature, and the lessons learned from the nine cases are "eternal and universal. "
Useem suggests that leadership "is at its best when the vision is strategic, the voice persuasive, the results tangible." His focus is on exceptionally difficult leadership decisions, "those fateful moments when our goals are at stake and it is uncertain if we will achieve them, and when the outcome depends on mobilizing others to realize success." He examines nine quite different leaders who found themselves in "life-challenging, morally consequential events fraught with risk and danger" and prevailed. Those who have seen the film Apollo 13 are already familiar with Eugene Kranz (portrayed by Ed Harris). However, most of those who read this book were previously not familiar with several others, notably Wagner Dodge, Arlene Blum, and Clifton Wharton. Nonetheless, valuable leadership lessons can be learned from each of the nine.
Colonel Joshua Lawrence Chamberlain is of special interest to me. Briefly, he had assumed command of the 20th Regiment of Infantry, Maine Volunteers, in May of 1863; within four days, they were marching through Virginia. Less than a year before, the 20th had mustered a thousand men at commissioning time; only 358 remained. The situation was soon complicated by the fact that 120 mutineers in the 2nd Regiment had been placed under Chamberlain's command. His orders from his superior, General George C. Meade: "make them do duty or shoot them down the moment they refused." What happened next is best revealed within Useem's compelling narrative but I can reveal that Chamberlain's combined forces played a major (if not the pivotal role) at Gettysburg, securing and then defending their position.
Useem observes that, in a crisis such as the one Chamberlain and his men faced on Little Round Top when under relentless attack, "everything is magnified, for better or for worse." Some rise to the leadership challenge and take effective action as Chamberlain did, others don't. Useem suggests several leadership lessons to be learned from that bloody, decisive day on the fields of Gettysburg. For example:
"Winning the confidence of your people now may well be invaluable in a yet-unforeseen time when you face the ultimate test...[However,] early investments in winning support among even your most stalwart opponents may make the difference between success and defeat when it counts most." This is precisely what President Abraham Lincoln did when forming his first cabinet, one that Doris Kearns Goodwin characterizes as a "team of rivals."
I commend Michael Useem on his brilliant correlation of historical information with an analysis of the leaders he has studied and the lessons to be learned from their encounters with "life-challenging, morally consequential events fraught with risk and danger."
Those who share my high regard for this book are urged to check out his Leading Up as well as Warren Bennis and Robert Thomas' Geeks & Geezers (recently updated and reissued as Leading for a Lifetime), Bill George's True North, Jeffrey Sonnenfeld and Andrew Ward's Firing Back: How Great Leaders Rebound After Career Disasters, and Leading at the Edge: Leadership Lessons from the Extraordinary Saga of Shackleton's Antarctic Expedition co-authored by Dennis N. T. Perkins, Margaret P. Holtman, Paul R. Kessler, and Catherine McCarthy.
A Different Approach to Self-Help.......2007-03-01
Biography is often a more inspiring way to learn "soft skills" than are traditional self-help books that spell out, word for word, the traits they're purchased to teach. But it's also possible, with a biography, to miss the decision-making moments, even though the actions the subject took are clear.
The Leadership Moment combines both historical and didactic approaches, by pausing in the midst of its nine hair-raising stories to briefly examine the choices that caused the next turn of events. The winning characteristics and skills are repeated in the back of the book under the picture of their respective exemplar. If you enjoy quick reads that deliver in a can't-miss fashion principles you can use, you will enjoy The Leadership Moment. Read a chapter a day before sallying forth to slay your own dragons.
Entirely worthwhile reading, the volume nonetheless has its weaknesses. Only two of the nine accounts are about women, and both of those are set in an all-female environment. (The seven males are in all-male environments.) Seven stories are unequivocal triumphs, one a brazen failure (though another man steps in to save the company), and one ambiguous: did the hero fail to lead or did his team fail to follow? The lesson author Michael Useem highlights is not altogether clear the way he tells the story.
Good leadership examples.......2005-08-31
Many of the examples used in this book are excellent case studies for leadership workshops and classes. It was a nice variety of examples from different sectors and industries.
Great leadership stories!.......2004-12-01
As part of an assignment for a Leadership/Small Group Communication course, I was directed to select the book of my choice from an Amazon book search under the topic of leadership. After poring through the descriptions of just a few of the 116,000 books in this category, I quickly identified the type of book I was looking for. I wanted something less academic/theoretical and more real life. I figured any lessons on leadership would be easier to grasp if they accompanied the stories of real people. Michael Useem's The Leadership Moment: Nine True Stories of Triumph and Disaster and Their Lessons for Us All fit the bill.
The Leadership Moment is a book of nine stories of real individuals who were faced with leadership challenges or put into positions where their decisions as leaders would greatly affect the outcome or survival of companies, countries and often, many other lives. The stories cover attempts to cure disease, retreating from a fire, returning a malfunctioning spacecraft to earth, ascending a mountain, leading men to battle, restructuring large corporations, the downfall and rise of a large company, working towards development of women in the third world and ending a civil war. Each story identifies a leader put into a critical do or die situation where their decisions and leadership qualities either led to success and meeting objectives, or led to failure and the demise of the company or death of those they were leading.
What I really liked about the book was the real life examples and the vast range of examples that Useem used. While many of us in the corporate world identify leadership as the ability to bring in financial returns or climb the corporate ladder, this book shows how leadership comes up in vastly different situations.
Useem's writing style flows well and is easy to follow. The stories are interesting and descriptive. For each story, he points out several leadership objectives that are implicated in the story. I enjoyed the book, and was able to identify how some of his leadership objectives could apply to my own career. I recommend this book to anyone looking for an interesting read on leadership.
great service.......2003-07-11
The book arrived on time, and in great condition. And they also included another book for free with the order!
Average customer rating:
- Enlightening stuff
- Excellent book
- Learn from other people and other companies mistakes
- A Master Class In Hazard Avoidance And Mitigation
- Itemized Case History of Accidents in the Chemical Industry
|
What Went Wrong?, Fourth Edition: Case Studies of Process Plant Disasters
Trevor A. Kletz
Manufacturer: Gulf Professional Publishing
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Similar Items:
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Still Going Wrong!: Case Histories of Process Plant Disasters and How They Could Have Been Avoided
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Learning from Accidents, Third Edition
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Process Plants: A Handbook for Inherently Safer Design (Chemical Engineering)
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Guidelines for Risk Based Process Safety
ASIN: 0884159205 |
Book Description
Expert Trevor Kletz examines the causes and aftermaths of numerous plant disasters--almost every one of which could have been prevented. Case histories illustrate what went wrong, why it went wrong, and then guide you in how to circumvent similar tragedies.
Learn from the mistakes of others. This invaluable and respected book examines the causes and aftermaths of numerous plant disasters - almost every one of which could have been prevented. Case histories illustrate what went wrong and why it went wrong, and then guide you in how to circumvent similar tragedies.
* Learn from the mistakes of others with this important book!
* Examines the causes and aftermaths of numerous plant disasters - most of which could have been prevented
* Case histories illustrate what went wrong, why it went wrong, and then guide you in how to circumvent similar tragedies
Customer Reviews:
Enlightening stuff.......2007-08-14
Mr Kletz offers engaging technical insights with case stories arising out of his long professional experience related to accidents causing small to large property damage and bodily injury including death and demonstrates that they just arise from silly mistakes made during everyday work or by having misconceptions about the laws of physics or process engineering
It is focused on occurrences in the chemical industry but the case stories serve as an example for property loss prevention in any industry (among the chapters it delves into are: maintenance, modifications, pressure pipes and vessels, hazard of materials, computers, human errors, storage tanks, labeling)
It is a slow paced reading, written to focus on ideas and develop concepts to have something new to think about. Most suitable readers are loss control & process engineers and health and safety professionals working in any type of industry or doing field surveys for insurance companies
Excellent book.......2007-03-08
Concise review of many industrial accidents with clear recommendations to help avoid repeating them. A must read all involved with industrial plants but especially chemical plants and refineries.
Learn from other people and other companies mistakes.......2006-07-12
Learning from other people and other companies mistakes is better than to gain experience through our own mistakes, especially if those are relate to safety.
An excellent reference for the industrial practitioner interested or involved with Process Safety System, Emergency Shutdown Systems, Safety Instrumented Systems, etc. working in the process industries, who want to learn about real world examples of what can go wrong.
The incidents described could occur in any type of industrial plants, even in yours. This book doesn't provide an exhaustive analysis of process safety issues or risk control. For this type of in-depth information you could try "Loss Prevention in the Process Industries", by F. P. Lees.
Use this book as a safety manual full of stories from which you should try to get what lessons can be learned from the incidents described.
I am an Industrial Practitioner of Process Safety and Control. I have been working for more than 16 years as an Instrumentation, Automation, and Process Safety and Control Engineer for the Oil & Gas Industry. I found this book to be an aid when preparing training material for operators and technicians.
A Master Class In Hazard Avoidance And Mitigation.......2006-05-02
"What Went Wrong?" is a well thought-out book on practical safety in the chemical processing industry. The book recounts numerous actual process plant accidents and incidents, includes causes and effects, and avoidance and mitigation practices.
Some of the accidents in this book are familiar to most people (Bhopal, etc.), but most are not; this exposure to "new" material is a real strength. Another strength is the focus on "minor," seemingly inconsequential, actions that have major effects. For instance, on page 62, a company was concerned that because heating had to be shut down over a weekend that water lines would freeze, so water was replaced with alcohol. When a fire occurred the sprinklers then fed the fire. This seems obvious in retrospect, but Kletz is trying to develop foresight rather than hindsight. Kletz also includes examples of human error accidents from other fields. (An excellent example concerning radiological medicine is on pages 92-93.) Kletz always avoids simplistic "human error" diagnoses and diligently pursues root causes; he asserts correctly that in human error accidents it is "unfair to put all the blame on the person who adds the last straw."
Chapter seven concerns leaks. Thomas Fuller was right in 1732 when he said "A small leak will sink a great ship." Leaks are easy to discount as minor and routine annoyances. This chapter does an excellent job of discussing most leak-related issues. The section on "Drain Valves and Vents" is particularly well-developed, as is the section titled "Small Cocks," which makes the point that they should never be used as the sole source of isolation (especially for flammable materials above their atmospheric boiling points.) Likewise his remarks at the end of the chapter (page 162) about measurements are insightful: "Whenever possible we should measure directly what we need to know and not some other property from which it can be deduced." This was, of course, one of the major problems that triggered the Three Mile Island accident.
Chapter eight is titled "Liquefied Flammable Gases," and is an extension of chapter seven in many ways (leaks play a role in many LFG incidents.) Kletz also has an excellent discussion of the hazards of Boiling Liquid Expanding Vapor Explosions (BLEVEs) including dramatic examples from Feyzin, France and Duque de Caxias, Brazil. A great example (a crack propagation problem in a low temperature, nine percent nickel steel tank in Qatar) of how to mitigate and trap problems in a large-scale LFG system is on page 172, and discusses the pros and cons of different types of dike wall construction.
Chapter nine is on pipe and vessel failures. There is a good discussion of vapor cloud explosions, and while I am amazed at the scope of the author's data, even I was surprised (and amused) to find that Table 9-1 included in "transport container" column for vapor cloud explosions the note "Includes 1 zeppelin." Now that's thorough!
The book also discusses ancillary fittings (like flanges and gaskets) and equipment (like centrifuges and pumps), their common failure modes and hazard prevention methods. There is an especially good discussion of heat exchangers, furnaces, and cooling towers in chapter ten. Especially enlightening is the discussion of damage by water hammer, and the example given (see Figure 10-11, "Condensate in the steam...knocked off the impingement plate and damaged calandria tubes") illustrates the folly of ignoring precursor incidents in an accident prevention strategy. In section 10.7 Kletz discusses furnaces, and makes the statement "Never say, 'It must be safe because we have been doing it this way for years and have never had an accident'" which is an axiom that any safety professional should embrace.
Chapter eleven concerns entry into vessels, and notes that in the US each year about 63 people are killed after being overcome in inadequately prepared vessels. Of these, 40 are would-be rescuers. Any business with this type of exposure must insure that they have excellent equipment and training (including recurrent training) for people undertaking these tasks. No matter what training occurs, though, you can't protect from bad judgment. On page 232 an incident is discussed where a worker was trying to shrink-fit a bearing onto a shaft in a pit with an acetylene torch while the shaft was cooled by another worker hosing liquefied petroleum gas onto the shaft with the expected fatal results.
Chapter twelve discusses the hazards of common materials. Many situations in this book concern the misuse of water resulting in boilover, slopover, foamover, frothover, puking, or many other steam or vaporization related accidents. Compressed air is another underappreciated hazard, and is also discussed at length. Especially emphasized are reactions of air and oil mixtures and the importance of using Type 3A molecular sieves, which can avoid issues encountered in operations that dry or purify compressed air. Nitrogen is also discussed. While it is inert, Kletz makes it clear that it is not harmless using several insightful examples, including an unusual liquid nitrogen induced explosion in a pork rind processing operation on page 254.
Throughout the book Kletz emphasizes the importance of process change control, and that even slight modifications are thoroughly evaluated; this is true in all safety communities, not just the chemical processing industry. Excellent examples of training issues are throughout the book, but are specifically delineated in section 22.5 "Poor Training or Procedures."
Appendix one contains a useful discussion of relative rates of different types of incidents, while Appendix two is perhaps the best in the book, as it discusses accident reporting (page 395) and gives five excellent reasons to publish accident reports, advice that is valid in all industries.
"What Went Wrong?" is a well written book with many insights for safety professionals. It is written for the chemical industries, but is readable and useful to safety professionals in all industries. I deal largely with aviation safety (though I have a background in industrial chemical processing), and the parallels are manifold.
I highly recommend this book, and look forward to reading other books by Trevor Kletz.
Itemized Case History of Accidents in the Chemical Industry.......2006-04-06
What I like most about this book is its index and table of contents. It is easy to find a type of accident. For example, when I turned to page 291, I found an exact, simple description of the dangers resulting from the flow of a non-conducting liquid, i.e., one with a low dielectric constant --- like toluene (2.4 compared to water with a constant of 80). "The danger is that a spark could discharge between a body of liquid and grounded metal." In other words, a high voltage shock will knock you off your feet.
If this review was helpful, please add your vote.
This is an easy-to-read text and should be required reading for all chemical engineers entering the workforce. After you read it, you can move on to more detailed engineering text on the subject of safety such as Kletz's own book, or Mark Tweeddale, or Crowl and Louvar's text. These text are for calculations, "What Went Wrong," is for a clear understanding of the dangers you will be facing.
If this review was helpful, please add your vote -- Thanks.
Customer Reviews:
The Strategy Process.......2005-12-31
The authors of "The Strategy Process..", produced a high quality textbook on strategic planning and management. The authors show the complexity of the subject and the need for managers to exercise caution in using prescriptive systems in the highly dynamic, uncertain and complex operating environment. The book avoids taking a simplistic view to the subject but take a realistic approach of presenting various approaches that managers can use depending on their peculiar circumstances. Having grasped the various concepts, leaders of organisations can then use their judgement to come up with appropriate decisions and actions. The book focuses on developing the ability of managers to make informed judgements based on analysis, synthesis, experience and intuition and harnessing the collective skills and expertise of their organisations.
The book shows how strategy formulation and implementation are intimately intertwined as complex interactive processes in which politics, values and organisational cultures and management styles determine or constrain particular strategic decisions.
Top managers have to make judgements on various unknown and difficult to predict factors and integrate external considerations about technologies, limited resources, competitions, markets, societal attitudes, cultural differences, government regulations and environmental issues. Internally, they have to make judgements on organisational structures, systems, staff, physical resources, existing and potential power bases and bureaucracies.
The chief executive officer has the challenging task of mediating between the various aspects of the internal and external environment and exercises his skills, judicious exercise of power and often make highly qualitative (rather than quantitative) choices from a wide range of possible options.
The book will enable the reader to understand the wide range of issues involved in strategy.
The book has a wide range of cases and articles that give the reader the opportunity to develop and exercise judgements on strategic issues. Although experience is the best teacher, these case studies and articles shorten the training time of managers. The cases cover a wide range of issues and perspectives. The reader can practice their judgement that should develop an awareness of the complex and subtle issues typical in the business world. The cases should highlight the limitations and the reasoning behind various theories and the limitations of standard answers based on conventional wisdom.
The book is recommended reading for those seeking a more in-depth insight into both the theory and practice of strategic management. For students embarking on advanced strategic planning, say at MBA or doctoral level, this is required reading and important reference material.
decent book.......2003-12-11
This book is an ok book. The cases are very interesting and they were the best part of the book. The readings in the first half of the book were random at times and generally not that good. Mintzberg has a great grasp of the concepts, but the book does not do well at conveying them.
Excellent business book.......1999-09-20
This is the kind of book that everyone who wants to be a business administrator should read. It is a compilation of diferents articles most of them from HBR and each unit has some real cases which explain the theme better.
Very good book........1999-03-03
I managed to read it throughly and study most of the cases presented on this book. This book is a very actual source of information to learn and expand existing knowledge. I give 5-stars due to the fact that it is rich in its contents.
Book Description
The governance of natural resources used by many individuals in common is an issue of increasing concern to policy analysts. Both state control and privatization of resources have been advocated, but neither the state nor the market have been uniformly successful in solving common pool resource problems. After critiquing the foundations of policy analysis as applied to natural resources, Elinor Ostrom here provides a unique body of empirical data to explore conditions under which common pool resource problems have been satisfactorily or unsatisfactorily solved. Dr. Ostrom first describes three models most frequently used as the foundation for recommending state or market solutions. She then outlines theoretical and empirical alternatives to these models in order to illustrate the diversity of possible solutions. In the following chapters she uses institutional analysis to examine different ways--both successful and unsuccessful--of governing the commons. In contrast to the proposition of the tragedy of the commons argument, common pool problems sometimes are solved by voluntary organizations rather than by a coercive state. Among the cases considered are communal tenure in meadows and forests, irrigation communities and other water rights, and fisheries.
Customer Reviews:
Addressing the Collective Action Problem.......2007-08-02
Ostrom attempts to refute the belief that only through state and or market-centered controls can commonly pooled resources (CPRs) be effectively governed. Ostrom writes, "Communities of individuals have relied on institutions resembling neither the state nor the market to govern some resource systems with reasonable degrees of success over long periods of time" (p. 1). Governing the Commons sets out to discover why some groups are able to effectively govern and manage CPRs and other groups fail. She tries to identify both the internal and external factors "that can impede or enhance the capabilities of individuals to use and govern CPRs."
The first section of the book examines both state-controlled and privatization property rights regimes, and illustrates failures in both regimes; namely, that central authorities often fail to have complete accuracy of information, have only limited monitoring capabilities, and possess a weak sanctioning reliability. As such, a centralized governing body may actually govern the commons inaccurately and make a bad situation worse. In the case of privatized property rights regimes, Ostrom illustrates two main points: 1) it assumes that property is homogenous and any division of property will be equitable; and 2) privatization will not work with non-stationary property (fisheries, for example).
After discussing the state-controlled and privatization property rights regimes, Ostrom attempts examine the causes of successful CPR governance, and the catalysts which lead to failure. Being part of the "new institutionalist" school, Ostrom seeks to examine the rules, structures, and frameworks within the various CPR governance structures. Ostrom has discovered a number of "design principles" within the successful CPR governance cases. These principles include: 1) a clear definition of boundaries, 2) monitors who either are appropriators of the resource or accountable to the appropriators, 3) graduated sanctions, 4) mechanisms controlled by the appropriators used to mediate conflict and when necessary, change the rules, 5) a congruence between the rules used and the local conditions.
In other words, Ostrom suggests that these "design principles," form a cooperative institutional structure. If the correct institutions are in place, the players will see cooperation as the best means to gain optimal outcomes. These mechanisms create a confidence between players that defections will be minimal, and those that do defect will be sanctioned accordingly. Additionally, the institutional structures create an environment in which resources are distributed in such a way that all (or at least most) players benefit. As such, many of these institutional structures must be accompanied by a good deal of trust between players. This can only be developed over time and is most likely to succeed when the number of players in the CPR is reasonably small.
One of the most important works in the social science literature published in the last 100 years.......2006-12-30
"Governing the Commons" has become a classic, not only within the literature of political science, but more broadly throughout the social sciences. In the book, Elinor Ostrom argues brilliantly and compelling for a third way of avoiding Garrett Hardin's "tragedy of the commons," in addition to privatization (conversion of the commons to private property) or government regulation (conversion of the commons to public property). Though numerous examples, Ostrom demonstrates how users of common property resources have managed, in various places around the world, to sustainably manage those resources through local, self-regulation. In other words, common property regimes can avoid the "tragedy of the commons."
Ostrom recognizes that common property management regimes do not always work. Indeed, the seem to fail as often as they succeed. To explain why this is the case, and to help predict the likelihood of success or failure, Ostrom develops an elaborate and very useful model of common property success/failure. In the 15 years since she published "Governing the Commons," that model has not been significantly improved by other scholars. Her book remains as current and important today, as it was when she first published it in 1990. It is required reading for all social scientists, indeed anyone, interested in resource conservation and property systems.
conventional theory applied to odd cases.......2002-05-22
Ostroms' book covers a variety of cases where allocational difficulties arise. She employs sound economic reasoning in analyzing a number of cases where ordinary property rights enforcment is difficult. This book illustrates how vital institutional arrangements are in managing natural resources. Self-described environmentalists should read this book to see how many of the problems that concern them can actually get solved. The history in this book is made interesting through the application of economic concepts. This is not light reading, but it surely is interesting- for serious readers.
Book Description
Provides readers with the background knowledge and guidelines that wil enable them to test their own ethical positions in business situations.
KEY TOPICS: Topics included are: it outlines two approaches to ethical theory, an overview of deontological and consequentialist views, and the analysis of ethical reasoning according to stages of moral development. Also offers a step-by-step protocol for resolving ethical conflicts, many of which end in stalemates, plus much more.
Customer Reviews:
Complex but filled with useful information on ethical though.......1997-08-17
Have used the book for two years in a college level management course. Material is complex forcing the student to read and think. Text covers many ethical principles that are usually not contained in business ethics books. Cases are thought provoking
Average customer rating:
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Inside the Mind of Toyota: Management Principles for Enduring Growth
Satoshi Hino
Manufacturer: Productivity Press
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ASIN: 1563273004 |
Book Description
Toyota's sustained growth attracts the attention of economists and industrialists around the world eager to learn the secrets of Toyota's lasting success.
In Inside the Mind of Toyota: Management Principles for Enduring Growth, Satoshi Hino examines the source of Toyota's strength: the fundamental thinking and management structures that lie beneath the creation of its famed Toyota Production System. From the perspective of a professional with 30 years experience in the auto industry, Hino presents a fresh and detailed analysis of Toyota's essential management system, from its very beginnings into the 21st century.
This book:
Presents a comprehensive and systematic analysis of the Toyota management philosophy.
Clarifies the mechanisms used to transmit its winning system from generation to generation.
Gives a historical perspective on the structural anatomy of Toyota's management foundation.
Provides analysis emphasizing research, product planning, design, and development functions.
The ultimate goal is not simply to mimic Toyota's formula, but to learn from it and, in doing so, surpass it.
Book Description
Insuring the value of IT ventures, from implementation through execution
Over 50 percent of all Information Technology projects fail, not only costing companies considerable monetary investment but also thwarting key strategic initiatives for which the new technology was critical. This book helps executives and managers increase IT project success by using a process for identifying the true ROI value for proposed IT investments-"Real ROI"-then tracking project results against that standard. This guide provides an abundance of pragmatic tips, tools, and techniques to make the process easy to understand, focusing on implementing an ROI plan as well as on tracking IT investments and measuring results postimplementation.
Customer Reviews:
A valuable read for IT marketers .......2007-02-06
Although this book is targeted primarily to IT purchasers, it provides valuable insight and guidance for those who market IT products. Too often, marketers use empty phrases to describe the potential value of investing in their products. The content in this book will help marketers substantiate those claims and make all of their product messages and promotional materials more credible and compelling.
The Best IT Sales Tool of All Time.......2005-10-10
Written by a 17-year Silicon Valley Sales Veteran - Since 2001, closing sizable deals has been difficult. The old 5 page consultative selling ROI spreadsheet has very little credibility. This book my friend put credibility and VALUE back into your ROI sales quiver. In fact, I give a copy of this book to my champion within the account so that he can get me to the information to develop a comprehensive business case that clearly and logically support a justifiable ROI. I actually have reservations writing this review because at the moment, this book is my competitive edge. But because this book helped me close three deals each in excess of $11M in the third quarter of 2005, I have to give this endorsement to the author.
useful if you don't have much of a clue.......2004-11-02
I got this book amongst other related ones, for a management learning project I participate in. My background in formal evaluation of IT projects is essentially zero.
I expected this book to provide me with some oversight on the topic, and practical tools amd methods to carry out the assignment.
The book delivers on both aspects, so I feel I have to explain why I give it only a "fair" 3 stars rating.
The book conveys a host of conventional wisdom nicely and orderly packaged, a lot of "practical" stuff (that I don't expect to be able to use in practice though), and a "solution to any situation in 11 steps" attitude, all of which imho make it essentially a sort of consultant-held 2-day course in written form.
Also, it's useful in that you don't get confused with several approaches, but just the ROI approach may not be enough. You'll likely need more than this to get the job done.
In conclusion, it's a good book, but not something you can't do without, nor particularly enlightening, nor your definitive source on this topic.
Make sure your IT investments are profitable........2004-10-13
If you really want to make sure your IT investments are making money to your organization, this is the book that will help you to get the right and supported answer.
Jack M Keen describes in a very detailed way how to track the benefits and real business value from the IT Investments. Is a well written and fast, easy to read book that worth's every dollar you spend on it.
Don't have any doubts; this may be the more useful book you may get about the subject. I have read others (Like IT Payoff, and others) and are OK, but this is the more practical and useful of all.
Raises the bar in business case development.......2004-03-22
I have a pile of books that address the same subject and would not have picked this one up if a colleague had not persistently badgered me into reading it. Instead of yet another tome on business cases, ROI and value, I discovered what to me is the absolute best book on the following three areas:
(1) business case development - the authors shine here by showing how to craft a realistic business case that does look at the important factors and benefits. More importantly, you're shown how NOT to write a business case, and common problems with too many business cases that are presented (and all-too-often accepted). This aspect of the book alone raises the bar in business case development.
(2) properly computing ROI that is real - in many organizations ROI is a forbidden word and NPV used instead. One reason for this is it's rarely computed correctly. Before reading this book I used ROI as a quick and dirty gage, but always looked to NPV as the deciding factor when exploring the feasibility to a project or solution. The way the authors expose fallacies of improper ROI computation, and how to avoid them is invaluable, and will restore credibility to ROI as a realistic indicator.
(3) assuring value - the VALUE-on-Demand approach the authors propose is a straightforward method for evaluating, selecting and prioritizing projects. This methodology has no flaws that I can find, and will add structure, clarity and process to governance.
Regardless of your experience, there is much to learn from this book. It can serve as a company 'how-to' guide and standard as is with little-to-no tailoring, and represents the best book I own on business case development and determining ROI. It's also one of the best books on establishing a viable governance program I've read.
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