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Re-Creating the Corporation: A Design of Organizations for the 21st Century / Edition 1

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Overview


Over the last three decades the average life expectancy of a corporation in North America has dipped well below 20 years. In fact, by 1983 a full third of the 1970 Fortune 500 companies had been acquired, merged, or broken apart. In this landmark book, one of the business world's foremost pioneers, Russell L. Ackoff, delivers this indispensable guide for those hoping to beat these odds--and to better navigate the corporate challenges of the next millennium.
While most business and management schools continue to teach the functions of a corporation separately--production, marketing, finance, personnel--the reality is that for a corporation to endure each division must work with the others to create an effective system. Re-Creating the Corporation is Ackoff's masterful blueprint for understanding and creating these model corporate systems. In four comprehensive sections--Background, Process, Designs, and Change--Ackoff lays out in clear concise prose the five organizational goals of successful corporate systems: plan effectively, learn and adapt rapidly, democratize, introduce internal market economies, and employ a flexible structure that will minimize the need for future restructuring. And through a deft mix of practical and theoretical examples drawn from a wide range of applications in a wide range of firms, this book ultimately guides executives to the system best suited to meet their organizational goals.
Re-Creating the Corporation, which is the culmination of a lifetime of innovative and insightful business thought from one of the business world's premier thinkers, is essential reading for those attempting to navigate the rapidly changing economic environment of the next millennium.
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Editorial Reviews

Bruce Rayner
This latest offering from management guru Russell Ackoff provides a compelling argument for why large corporations need to rethink organizations....Even though it weighs in at a hefty 352 pages, Re-Creating the Corporation is still a quick read, because Ackoff uses plain English.
Electronic Business
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Product Details

  • ISBN-13: 9780195123876
  • Publisher: Oxford University Press, USA
  • Publication date: 7/28/1999
  • Edition description: New Edition
  • Edition number: 1
  • Pages: 352
  • Product dimensions: 9.40 (w) x 6.20 (h) x 1.20 (d)

Meet the Author

Russell L. Ackoff is currently Chairman of Interact, an institute dedicated to education, consulting, and research, and Professor Emeritus of the Wharton School, University of Pennsylvania. Considered one of the most innovative and insightful management thinkers of the 20th century, he is also the author of the acclaimed The Democratic Corporation: A Radical Prescription for Recreating Corporate America and Rediscovering Success, published by Oxford University Press in 1994.

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Table of Contents

Preface
Pt. I Background
1 The Nature of Systems 3
2 Types of Systems and Models 21
3 Types of Management 45
Pt. II Process: Planning, Design, Implementation, and Learning
4 Formulating the Mess: Sensing and Making Sense of the Situation 63
5 Ends Planning: Where to Go 81
6 Means Planning: How to Get There 107
7 Resource Planning: What's Needed to Get There 131
8 Implementation and Control: Doing It and Learning 157
Pt. III Designs: Democracy, Economy, and Flexibility
9 A Democratic Hierarchy: The Circular Organization 179
10 The Internal Market Economy 207
11 The Permanently Structured Multidimensional Organization 225
Pt. IV Change: Reformations and Transformations
12 Panaceas, Fads, and Quick Fixes 251
13 Organizational Development and Transformational Leadership 273
App. A: A Short Bibliography on Systems 293
App. B An Application of Interactive Planning 295
References and Sources 317
Index 323
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