Value Creation Principles

Value Creation Principles
Author :
Publisher : John Wiley & Sons
Total Pages : 272
Release :
ISBN-10 : 9781119706625
ISBN-13 : 1119706629
Rating : 4/5 (25 Downloads)

Book Synopsis Value Creation Principles by : Bartley J. Madden

Download or read book Value Creation Principles written by Bartley J. Madden and published by John Wiley & Sons. This book was released on 2020-06-10 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: PRAISE FOR VALUE CREATION PRINCIPLES "In Value Creation Principles, Madden introduces the Pragmatic Theory of the Firm that positions the firm as a system fueled by human capital, innovation, and, at a deeper level, imagination. He challenges us to understand how we know what we think we know in order to better discover faulty assumptions that often are camouflaged by language. His knowledge building loop offers guideposts to design experiments and organize feedback to facilitate early adaptation to a changed environment and to avoid being mired in ways of thinking rooted in 'knowledge' of what worked well in the past a context far different from the context of today. His book explains a way of being that enables those who work for, or invest in, business firms to see beyond accounting silos and short-term quarterly earnings and to focus on capabilities instrumental for creating long-term future and sustainable value for the firm's stakeholders. I can't recommend this astounding book enough especially given its deep and timely insights for our world today." John Seely Brown, former Chief Scientist for Xerox Corp and Director of its Palo Alto Research Center (PARC); co-author with Ann Pendleton-Jullian of Design Unbound: Designing for Emergence in a White Water World "In contrast to existing abstract theories of the firm, Madden's pragmatic theory of the firm connects management's decisions in a practical way to a firm's life cycle and market valuation. The book promotes a firm's knowledge building proficiency, relative to competitors, as the fundamental driver of a firm's long-term performance, which leads to insights about organizational capabilities, intangible assets, and excess shareholder returns. Value Creation Principles is ideally suited to facilitate progress in the New Economy by opening up the process by which firms build knowledge and create value, which is a needed step in revising how neoclassical economics treats the firm." Tyler Cowen, Professor of Economics, George Mason University; co-author of the popular economics blog Marginal Revolution "Bartley Madden rightfully points out that both textbook and more advanced economic theories of the firm fail to address the concerns of top management and boards of directors. He offers a tantalizing pragmatic alternative that directly connects to quantitative changes in the firm's market value. His framework gives recognition to the importance of intangible assets, and his pragmatic approach is quite complementary to the Dynamic Capabilities framework that strategic managers implicitly and sometimes explicitly employ." David J. Teece, Thomas W. Tusher Professor in Global Business, Faculty Director, Tusher Center for the Management of Intellectual Capital, Haas School of Business, University of California, Berkeley


Value Creation Principles Related Books

Value Creation Principles
Language: en
Pages: 272
Authors: Bartley J. Madden
Categories: Business & Economics
Type: BOOK - Published: 2020-06-10 - Publisher: John Wiley & Sons

DOWNLOAD EBOOK

PRAISE FOR VALUE CREATION PRINCIPLES "In Value Creation Principles, Madden introduces the Pragmatic Theory of the Firm that positions the firm as a system fuele
The 7 Principles to Complete Co-Creation
Language: en
Pages: 208
Authors: Stefanie Jansen
Categories: Business networks
Type: BOOK - Published: 2018-01-30 - Publisher: BIS Publishers

DOWNLOAD EBOOK

Three shifts are shaking our society: from dominating to collaborating, from sending to interacting, and from closed to open. Organizations are increasingly for
The Creation Principles
Language: en
Pages: 138
Authors: Tra Lynch-Strozier
Categories:
Type: BOOK - Published: 2004-10 - Publisher: Xulon Press

DOWNLOAD EBOOK

"The Creation Principles" teaches readers how to mimic God--placing a magnifying glass over the biblical events of the creation, reminding them of their worth,
The Seven Principles of Life and the Power of Creation
Language: en
Pages: 214
Authors: Benjamin Franklin Smith
Categories:
Type: BOOK - Published: 2021-08-25 - Publisher:

DOWNLOAD EBOOK

Time stops for no one until they die-and so, it's time to take initiative and climb your ladder of success. In The Seven Principles of Life and the Power of Cre
The Principles of Knowledge Creation
Language: en
Pages: 312
Authors: Bengt Gustavsson (Ph. D.)
Categories: Social Science
Type: BOOK - Published: 2007-11-27 - Publisher: Edward Elgar Publishing

DOWNLOAD EBOOK

'. . . a vast array of material that would be useful in a variety of courses and projects. Recommended.' - R.K. Murray, Choice