Stakeholder Theory: A Short Introduction and Bibliography

Home Organisation Choices Research Information Resources Bibliography Stakeholder Theory: A Short Introduction and Bibliography Stakeholder Theory:  Short Introduction and Bibliography The recent rise in corporate social responsibility (CSR) initiatives by firms globally can be traced back to the rise of Stakeholder Theory. Stakeholder theory stands in contrast to agency view of the firm. While CSR…

Details

Book Review: The End of Theory by Richard Bookstaber

Home Organisation Choices Research Publications Reviews & Critiques Book Review: The End of Theory by Richard Bookstaber  The End of Theory: Financial Crises, the Failure of Economics, and the Sweep of Human Interaction by Richard Bookstaber, Princeton University Press, 2017, 240 pages; $24.95 The End of Theory is Richard Bookstaber’s second book. Richard Bookstaber is…

Details

You can’t shrink a business to greatness!

Home Organisation Choices Publications Perspectives You can’t shrink a business to greatness! You can’t shrink a business to greatness! “You can’t shrink a business to greatness!” These words were uttered some years ago, by a non-finance leader, who was just beginning to understand finance in his role as CEO. Having been brought up under the…

Details

My Frame of Reference for Strategic Choices in an Industry-in-Transition

Home Reflective Practice Research Publications Mental Model My Frame of Reference for Strategic Choices in an Industry-in-Transition My Frame of Reference for Strategic Choices in an Industry-in-Transition I work for the world’s largest lighting firm at a time when the lighting industry is undergoing a major transition, caused by growth in urbanisation, changes in technology…

Details

Book Review: Adaptive Markets by Andrew Ho

Home Organisation Choices Research Publications Reviews & Critiques Book Review: Adaptive Markets by Andrew Ho Adaptive Markets: Financial Evolution at the Speed of Thought by Andrew W. Ho. Princeton University Press (Princeton and Oxford), 2017, First Edition; 483 pages; £31.95 Since the financial crises of 2008, the workings of financial markets and its participants (namely,…

Details

Treat others how you would like to be treated: Why it doesn’t work!

Home Organisation Choices Research Publications Insights Treat others how you would like to be treated: Why it doesn’t work! “The key is just to treat your staff how you would like to be treated.” Richard Branson. Applying the Golden Rule in business makes sense or does it? Consider this case: My program coordinator stepped into…

Details

Analysis of Business Performance Practice

Home Organisation Choices Publications Analytical Studies Analysis of Business Performance Practice A business leader or a manager needs to review his or her business’ performance from market as well as organisational perspectives. Our approach to analysis of business performance covers the following 3 aspects: Market, includes reviewing the performance from customer and competitive perspective. Operational, includes the…

Details

Managing Costs to Manage Growth & Profitability

Home Organisation Choices Research Publications Perspectives Managing Costs to Manage Growth & Profitability I consider managing cost to be as important as managing growth. Since costs are inputs for generating sales, we expect them to grow slower than sales. Only then the profitability, as measured by the margin on sales, will go up. In other words,…

Details