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Internal Markets Bringing the Power of Free Enterprise Inside Your Organization

by Ali Geranmayeh

  • ISBN: 9780471593645
  • ISBN10: 0471593648

Internal Markets Bringing the Power of Free Enterprise Inside Your Organization

by Ali Geranmayeh

  • List Price: $34.95
  • Binding: Hardcover
  • Publisher: John Wiley & Sons Inc
  • Publish date: 12/01/1993
  • ISBN: 9780471593645
  • ISBN10: 0471593648
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Description: One of the great ironies of capitalism is that while founded on the liberating principles of free enterprise, most corporations remain centrally-controlled, hierarchical systems - somewhat like the centrally-planned economies that failed so spectacularly in the old communist bloc. How else to explain why companies such as General Motors and IBM seem unable to respond adequately to the dizzying economic changes of today's information revolution? In this major work, many of our most astute intellectuals and leaders contend that radical changes are needed that go beyond TQM, flat structures, networks, reengineering, and other current innovations. They demonstrate why business and government must adopt a new management paradigm - Internal Markets - that brings the power of free enterprise inside organizations. Internal Markets not only presents the best thought on this crucial topic, it includes case histories written by the executives who made this transition at MCI, Alcoa, Clark Equipment, Control Data, Canadian Imperial Bank, Armco, Blue Cross/Blue Shield, and Esso. Rather than just theories, these firsthand accounts provide specific advice you can apply to your organization. This revolutionary perspective reveals how line, staff, marketing, and even the CEO's office can be redefined as autonomous "internal enterprises" that buy and sell internally and externally, all united by information networks, financial systems, and an entrepreneurial culture. More than a laissez-faire market, leaders collaborate to shape this "organizational economy" into a "guided market" that encourages strategic alliances, solves common problems, and shares technology. Like any market, an internal market offersall of the dynamic advantages of free enterprise: accountability to internal and external clients, superior quality and service at lower cost, continuous rightsizing throughout the organization, elimination of bureaucracy and office politics, accurate information to improve decisions, freedom for entrepreneurial innovation, flexibility and rapid response time, and incentives that motivate performance. Internal Markets also debunks the myths that have supported today's faithful allegiance to the obsolete hierarchical model. Evidence shows that organizational markets actually reduce - not increase - accounting, overhead, and other transaction costs by streamlining operations; they foster cooperation - not conflict - by establishing a sound basis for working relationships. Markets have their drawbacks, but they are spreading around the globe because free enterprise, whether external or internal, is the most powerful economic force for producing rapid, creative change. Internal Markets is essential reading for every manager who wants to break out of today's dispiriting economic stagnation.
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Seller: Better World Books West
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Condition: Good
Ships from Reno, NV. Former Library book. Shows some signs of wear, and may
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Ships from Reno, NV. Former Library book. Shows some signs of wear, and may
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Seller: Ergodebooks
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Buy with confidence. Excellent Customer Service & Return policy.Ships Fast. 24*7 Customer Service.
Seller: Ergodebooks
Location: Richmond, TX Ask seller a question
Condition: New
Buy with confidence. Excellent Customer Service & Return policy.Ships Fast. 24*7 Customer Service.
Price:
$72.01
Comments:
Buy with confidence. Excellent Customer Service & Return policy.Ships Fast. 24*7 Customer Service.
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