Synopses & Reviews
A Three-Pronged Strategy for Boosting Organizational Performance--and Shareholder Value As a business leader in today's increasingly competitive global race, you need more than fads and buzzwords. You need a focused, cross-functional organizational design, one that will foster intercompany communication and help you identify and resolve minor issues before they become major barriers to success.
Designing Organizations to Create Value draws on recent research as well as the authors' hands-on experience to outline an integrated framework for coordinating the three critical aspects of organizational architecture:
- Assignment of decision-making authority
- Development of effective performance evaluation systems
- Creation of a logical and motivating compensation structure
Executives and senior-level decision makers must focus on the entirety of their organizations--as opposed to one particular facet such as strategy, quality, or logistics--to build an efficient and interconnected company. Let Designing Organizations to Create Value provide you with methods to systematically analyze all of your organizational issues and reconstruct your workforce into that of a balanced, functional, and battle-ready market leader.
"In today's environment, managers are under increasing pressure to address organizational issues and manage organizational change. . . . The business literature to date has . . . failed to provide managers with an integrated approach to identifying and solving organizational problems. Our book is designed to provide a systematic, comprehensive framework for analyzing organizational issues, one that can be consistently applied in addressing problems and structuring more effective organizations."--From the Preface
"Value creation" is more than just another buzz phrase; it is, in fact, the time-honored key to business success. Designing Organizations to Create Value is today's most top-to-bottom examination of the ever-elusive topic of value--how it is measured, how firms create and capture it, and how the drive for value impacts the strategy of the entire firm.
Rather than focusing on one aspect or strategy, however, this comprehensive book details virtually every area that influences value creation, including:
- Proven strategies for efficient deployment of knowledge throughout an organization
- Decentralization, and the necessity of implementing proper checks and balances
- The essential and interwoven roles of institutional innovation, strategy, and dynamic leadership
By whatever name, in whatever era, value creation is a requisite for long-term organizational survival and success. Designing Organizations to Create Value combines decades of multidisciplinary research with case studies from market leaders such as General Electric, Honda, and Wal-Mart to illustrate the payoffs from effective organizational design--and provide a practical, sensible approach for creating value at every level and with every process of your organization.
Synopsis
A three-pronged strategy for dramatically increasing organizational performance and value Business leaders today need more than fads and buzzwords to beat the competition; they need a solid organizational architecture for identifying and resolving the problems that prevent companies from reaching their full potential. Designing Organizations to Create Value outlines just such a framework, providing executives with the tools they need to build a balanced, functional organizationone that helps ensure the success of the business as it lays the groundwork for increased firm value. This practical, sensible book, based on the author's bestselling college classic, follows a step-by-step process for identifying the critical aspects of an organization's internal structure and taking the appropriate actions to address them and lead the organization to greatness. That process, adaptable to virtually any
organization or organizational structure, details:
- Assignment of decision-making rights
- Rewarding individuals
- Evaluating performance
Synopsis
Business leaders today need more than fads and buzzwords to beat the competition; they need a solid organizational architecture for identifying and resolving the problems that prevent companies from reaching their full potential. Designing Organizations to Create Value outlines just such a framework, providing executives with the tools they need to build a balanced, functional organization -- one that helps ensure the success of the business as it lays the groundwork for increased firm value.
This practical, sensible book, based on the author's bestselling college classic, follows a step-by-step process for identifying the critical aspects of an organizations internal structure and taking the appropriate actions to address them and lead the organization to greatness. That process, adaptable to virtually any organization or organizational structure, details:
-- Assignment of decision-making rights
-- Rewarding individuals
-- Evaluating performance
About the Author
James A. Brickley, Ph.D., is the Gleason Professor of Business Administration at the University of Rochester's Simon Graduate School of Business. He has coauthored a number of influential books, and his work has appeared in numerous professional journals, including The Journal of Business and The Journal of Finance.
Clifford W. Smith, Jr., Ph.D., is the Louise and Henry Epstein Professor of Business Administration at the Simon Graduate School of Business. He is the author or coauthor of more than a dozen books and numerous journal articles and has served as an economist with the Securities and Exchange Commission.
Jerold L. Zimmerman, Ph.D., is the Ronald L. Bittner Professor of Business Administration at the Simon Graduate School of Business. The author or coauthor of several books, he is a founding editor of the Journal of Accounting and Economics and has (along with coauthors Brickley and Smith) extensive corporate consulting experience.
Janice Willett is a senior manuscript editor with the Journal of Financial Economics and associate editor of the Journal of Applied Corporate Finance.