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Value creation principles : the pragmatic theory of the firm begins with purpose and ends with sustainable capitalism /

"Bartley J. Madden's The Pragmatic Theory of the Firm specifies that a firm's knowledge-building proficiency is the fundamental cause of a firm's survival and prosperity as well as a pathway to significant improvements across a firm's typically siloed activities. This theory...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Madden, Bartley J. (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Hoboken, New Jersey : John Wiley & Sons, Inc., [2020]
Temas:
Acceso en línea:Texto completo (Requiere registro previo con correo institucional)

MARC

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020 |a 9781119706632  |q electronic book 
020 |a 1119706637  |q electronic book 
020 |z 9781119706625  |q hardcover 
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082 0 0 |a 658.15/52  |2 23 
049 |a UAMI 
100 1 |a Madden, Bartley J.,  |e author. 
245 1 0 |a Value creation principles :  |b the pragmatic theory of the firm begins with purpose and ends with sustainable capitalism /  |c Bartley J. Madden. 
264 1 |a Hoboken, New Jersey :  |b John Wiley & Sons, Inc.,  |c [2020] 
300 |a 1 online resource (xxii, 250 pages) :  |b illustrations (some color) 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
504 |a Includes bibliographical references and index. 
520 |a "Bartley J. Madden's The Pragmatic Theory of the Firm specifies that a firm's knowledge-building proficiency is the fundamental cause of a firm's survival and prosperity as well as a pathway to significant improvements across a firm's typically siloed activities. This theory is about connectedness among the firm's purpose, its major activities, and its long-term overall performance, with attention to long-term financial performance. Madden argues that employees improve their knowledge-building proficiency with experience in traversing the knowledge-building loop, whether alone or preferably with a mentor. Success in understanding cause and effect, using that virtuous cycle of learning, reveals faulty or obsolete assumptions and leads to new assumptions whose reliability is then verified. Language matters and employees' knowledge-building proficiency improves with a habitual concern for questioning assumptions underpinning words describing the firm's activities. Attention to language can help guide experiments (similar to Intuit's experimentation culture) having the potential to negate "knowledge" which is now obsolete possibly due to a changed environment. A firm's knowledge-building proficiency depends upon top management developing and sustaining an organizational culture that accomplishes two objectives. First, employees are rewarded for productive work enabled by their continual learning and related proficiency in knowledge building, which results in process improvements and occasional breakthrough ideas. Second, the culture promotes collaboration both inside and outside the firm and sharing local knowledge across the firm's business units so that firm-wide knowledge becomes a significant, value-creating intangible asset"--  |c Provided by publisher. 
588 |a Description based on online resource; title from digital title page (viewed on October 28, 2020). 
505 0 |a Cover -- Title Page -- Copyright -- Contents -- Preface and Overview -- Part I A Firm's Role in Society -- Chapter 1 Overview of the Pragmatic Theory of the Firm -- The Nucleus of the Pragmatic Theory of the Firm -- The Evolution of Thinking About the Theory of the Firm -- Kindred Spirits for the Pragmatic Theory of the Firm -- Innovation and Economic Growth -- The Purpose of the Firm -- The Pragmatic Theory of the Firm -- Chapter 2 Knowledge Building and Firm Performance -- The Knowledge-Building Path to Improved Performance -- The Knowledge-Building Loop -- Human Behavior, Culture, and Firm Performance -- Elegant, Parsimonious, and Reliable Theories -- Chapter 3 Work, Innovation, and Resource Allocation -- Lean Thinking-"No Problem is a Problem" -- The Theory of constraints -- Ontological/Phenomenological Model -- Innovation -- Resource Allocation -- The Key Constraint in Sustaining a Knowledge-Building Culture -- Part II The Pragmatic Theory of the Firm Connects Innovation and Valuation -- Chapter 4 Life-Cycle Performance and Firm Risk -- The Firm's Competitive Life Cycle -- A Paranoid Optimist Restructures Nokia -- A Case Study of Innovation-Amazon -- The Life-Cycle Valuation Model -- What Does a Stock Price Say About a Firm's Future Investments? -- Forward-Looking, Market-Implied Discount Rate -- The Roots of Modern Finance -- Firm Risk Offers a Different Mindset -- Summary of Key Ideas -- A Research Methodology for Advancing the Life-Cycle Framework -- Better Estimates of the Investor Discount Rate -- Chapter 5 Intangible Assets, Brands, and Shareholder Returns -- The New Economy and Connectivity-Enabled Business Models -- Empirical Evidence about Intangible Assets -- Brands Impact a Firm's Market Value -- A Conceptual Roadmap for Handling Intangible Assets -- Integrated Reports, Life-Cycle Reviews, and Intangibles. 
505 8 |a Expect more than coffee-Starbucks -- Costco Starts by Caring for Its Employees -- Ringing Doorbells and Changing Times-Avon -- Why did Illumina Outperform the Stock Market 18-Fold from 2004 to 2014? -- The Efficient Market Hypothesis and the Factor Zoo -- Excess Shareholder Returns and three Levels of Cause-and-Effect Logic -- Useful Ideas for Investors, Managements, and Academic Researchers -- System Principles and Effective Language -- Part III Value Creation -- Chapter 6 Life-Cycle Position, Adaptability, and Organizational Structure -- Life-Cycle Guideposts -- Focused Execution of an Innovative Business Model-Netflix -- Innovation in the Operating Room-Intuitive Surgical -- Nothing Runs Like a Deere -- Smith Corona and NCR -- The ABCs of Organizational Structure -- Organizational Experimentation at the Haier Group -- Value Creators Drive Dynamism in China -- Chapter 7 Achieving Progress Through Knowledge Building and Value Creation -- The New Economy and the Pragmatic Theory of the Firm -- Life-Cycle Track Records are a Scorecard and a Learning TOOL -- Politics and The Greater Good -- Progress Studies -- About the Author -- Index -- EULA. 
590 |a O'Reilly  |b O'Reilly Online Learning: Academic/Public Library Edition 
650 0 |a Organizational effectiveness. 
650 0 |a Organizational learning. 
650 0 |a Production management. 
650 0 |a Value. 
650 6 |a Efficacité organisationnelle. 
650 6 |a Apprentissage organisationnel. 
650 6 |a Production  |x Gestion. 
650 6 |a Valeur. 
650 7 |a value (economic concept)  |2 aat 
650 7 |a BUSINESS & ECONOMICS / Finance / General.  |2 bisacsh 
650 7 |a Organizational effectiveness.  |2 fast  |0 (OCoLC)fst01047852 
650 7 |a Organizational learning.  |2 fast  |0 (OCoLC)fst01047870 
650 7 |a Production management.  |2 fast  |0 (OCoLC)fst01078309 
650 7 |a Value.  |2 fast  |0 (OCoLC)fst01163873 
776 0 8 |i Print version:  |a Madden, Bartley J..  |t Value creation principles  |b First Edition.  |d Hoboken : Wiley, 2020.  |z 9781119706625  |w (DLC) 2020006300 
856 4 0 |u https://learning.oreilly.com/library/view/~/9781119706625/?ar  |z Texto completo (Requiere registro previo con correo institucional) 
938 |a Recorded Books, LLC  |b RECE  |n rbeEB00831187 
938 |a EBSCOhost  |b EBSC  |n 2507958 
994 |a 92  |b IZTAP