Bullish on Uncertainty: How Organizational Cultures Transform Participants by Alexandra Michel, Stanton Wortham | | Paperback | Barnes & Noble
Bullish on Uncertainty: How Organizational Cultures Transform Participants

Bullish on Uncertainty: How Organizational Cultures Transform Participants

by Alexandra Michel, Stanton Wortham
     
 

ISBN-10: 0521690196

ISBN-13: 9780521690195

Pub. Date: 11/10/2008

Publisher: Cambridge University Press

Bullish on Uncertainty provides rare insight into the secretive world of Wall Street high finance, which has shaped influential business, governmental, and cultural leaders and keeps supplying new business practices to other organizations in dynamic and complex environments. The book studies how two highly successful Wall Street investment banks managed the

Overview

Bullish on Uncertainty provides rare insight into the secretive world of Wall Street high finance, which has shaped influential business, governmental, and cultural leaders and keeps supplying new business practices to other organizations in dynamic and complex environments. The book studies how two highly successful Wall Street investment banks managed the uncertainty of their high-velocity environment through different work practices. One bank chose the familiar route of decreasing bankers' uncertainty. The other bank used the novel and effective practice of increasing bankers' uncertainty to make them more alert to new situations and more likely to draw on the bank's entire range of resources. The book explains why the two banks differed in their ability to notice market changes and adapt to them. It thereby illuminates current events in the financial markets. Through vivid accounts of newcomers during their first two years, the book traces how the two banks' initially similar participants were transformed into fundamentally different kinds of persons by the different kinds of work practices in which they participated.

Product Details

ISBN-13:
9780521690195
Publisher:
Cambridge University Press
Publication date:
11/10/2008
Edition description:
New Edition
Pages:
278
Product dimensions:
5.90(w) x 8.90(h) x 0.80(d)

Related Subjects

Table of Contents

Foreword Kenneth J. Gergen; 1. Bullish on uncertainty; Part I. Work Practices: 2. Practices that reduced cognitive uncertainty at Individual Bank; 3. Practices that amplified cognitive uncertainty at Organization Bank; Part II. Psychological Transformation: 4. Recruiting; 5. Individual-centered transformation; 6. Organization-centered transformation; 7. An alternative approach to organizational and psychological transformation.

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