Business at a Crossroads: The Crisis of Corporate Leadership

Overview

Liberal capitalism harbours two dangerous seeds of self-destruction; growing inequality and, as recent events have demonstrated, a tendency for markets to spiral out of control. This book attributes both of them to fundamental flaws in capitalism's main economic agent, the large, CEO-led, limited liability joint stock company. It explains why the flaws developed, describes how they threaten the liberal capitalist consensus and suggests some steps companies could take to reform themselves and improve their ...

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Overview

Liberal capitalism harbours two dangerous seeds of self-destruction; growing inequality and, as recent events have demonstrated, a tendency for markets to spiral out of control. This book attributes both of them to fundamental flaws in capitalism's main economic agent, the large, CEO-led, limited liability joint stock company. It explains why the flaws developed, describes how they threaten the liberal capitalist consensus and suggests some steps companies could take to reform themselves and improve their adaptation to today's environment.

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Editorial Reviews

From the Publisher
"Tom Lloyd provides a sparkling explosion of shibboleths and myths about the corporate sector in the course of a coruscating attack on excessive executive remuneration." - John Kay, economist and author of The Long and the Short of It'
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Product Details

  • ISBN-13: 9780230230941
  • Publisher: Palgrave Macmillan
  • Publication date: 12/15/2009
  • Pages: 216
  • Product dimensions: 6.30 (w) x 9.30 (h) x 0.80 (d)

Meet the Author

TOM LLOYD is a management writer and author. He is a former editor of Financial Weekly and Management Today, was founder editor of Gemini Consulting's quarterly management jourbanal Transformation and wrote the 'Working Brief' column in The Sunday Telegraph for several years. He has written five books, including Managing Knowhow, with Karl-Erik Sveiby, (Bloomsbury, 1987) and The 'nice' company (Bloomsbury, 1990).

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Table of Contents

Introduction
PART I: What Ails Big Business
What People Want
A Feudal Heritage
The Steam-Age Corporation
The Decadent Corporation
Not So Much Greed
The Myth Of Leadership
PART II: Reforming Big Business
Leaderless Competitors
The Adaptive Challenge
Size And Shape
Corporate Reformation

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