By Rose Klukas
“At Kitimat the setting for a good life must be hewn out of the unknown wilderness. Pioneers must become old-timers, bound to Kitimat by enthusiastic love of their town and its qualities. They must be given the utmost freedom to develop their lives. And so the plans of Kitimat, both operational and physical, have been developed to serve as a flexible setting for good living that is open to continuous growth and expansion.”
By Yossi Sheffi
Governments around the world are investing in logistics clusters to encourage economic growth and create jobs. While the advantages of high-technology, knowledge-based clusters have been analyzed extensively, logistics cluster have not. A new book: Logistics Clusters: Delivering Value and Driving Growth (MIT Press, Cambridge MA, September 2012) fills the gap. This article looks at some of the factors motivating public sector investments in logistics clusters. It explains the mechanisms leading to their growth and some of the types of jobs created around such clusters.
By Les Secular
This article looks at how Transfer Pricing can impact the bottom line on financial statements, particularly in the current global economic climate, and why management should consider transfer pricing when setting their strategy for the future and their need to adapt rapidly to change.
The world is constantly changing. We see it all the time. Yesterday’s league leaders become today’s relegation battlers. Alternative misfits become mainstream celebrity icons. What were once rich mines of natural resources dry up, while new sources of supply emerge in unexpected or newly explored places.
By Douglas Evanoff, George Kaufman & Anastasios G. Malliaris
The successful performance of the U.S. economy during the ‘Great Moderation’ period of 1984 to 2006 appeared to have offered both the economics profession and policymakers the assurance that asset bubbles could be effectively managed with little or no real adverse economic impact. But the recent global financial crisis had a serious adverse impact on the U.S. and global economies, and has triggered a renewal of the debate about the impact of bubbles and the role of public policy in addressing them.
By Rafael Andreu & Josep M. Rosanas
The current world economy crisis creates difficulties for many. Beyond “mechanical” causes, we posit that bad management in the institutions affected is a crucial one. An exaggerated emphasis on immediate financial results (always short-term) as the sole purpose of management, betrays a pessimistic conception of human beings that react only to economic stimuli, paradoxically neglecting other fundamental management dimensions. We point out some starting points for better management. After analyzing concepts and practices that contributed to the crisis, we propose the foundations of a better conception of management.
In December 2005, I was invited by Oxford University to deliver the 2009 Clarendon Lectures in Management Studies and then to produce a book based on those lectures. We decided that I should try to synthesize my research, consulting, and other experiences going back to 1985 with companies ranging from Toyota, Intel, and Microsoft to Google and Apple, described in nine books and nearly one hundred articles. The result is my latest book, Staying Power: Six Enduring Principles for Managing Strategy and Innovation in an Uncertain World (Oxford University Press, 2010, and 2012 paperback). This article is a summary of the key ideas.1
Logistics Clusters: The Feedback Loop Leading to Economic Growth and Jobs Between Heaven and the Deep Blue Sea: Kitimat’s strategic placement facilitates a growing economy The Business of Healthcare Innovation: Convergence in the Marketplace Digital Social Capital: Building, Maintaining and Leveraging Digital Networks for Innovation and Creativity Staying Power: Managing Innovation in an Uncertain World China Marketing Life Insurance in China: How Cultural Taboo Matters Asset Price Bubbles: Lessons From The Recent Financial Crisis Dividends – Everything you know is wrong! Europe Middle East
Business
Writing a Manifesto for Better Management
Rafael Andreu & Josep M. Rosanas
Yossi Sheffi
Rose Klukas
Innovation
Why Questions Matter
Phil McKinney
Lawton Robert Burns
Anabel Quan-Haa
Michael A. Cusumano
The Chinese Miracle: A Modern Day Industrial Revolution Fred Stahl
Loretta Napoleoni
Cheris Shun-ching ChanWorld Economy
Why Transfer Pricing is Key to Decision Making and Strategic Reviews
Les Secular
Douglas Evanoff, George Kaufman & Anastasios G. Malliaris
David Hogarty
America
Fiscal Child Abuse American Style
Laurence Kotlikoff & Scott Burns
India
India’s Luxury – A Tale of Paradoxes
Glyn Atwal & Soumya Jain
The Crisis in the Eurozone
Justin Yifu Lin & Volker Treichel
The Educated Middle Class, their Economic Prospects, and the Arab Spring
Filipe R. Campante & Davin Chor
By Oliver Bush
This is an abridged and altered version of Bush, O, Farrant, K and Wright, M (2011), ‘Reform of the International Monetary and Financial System’, Bank of England Financial Stability Paper no. 13.
