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Growth from Chaos

Growth from Chaos

Developing Your Firm's Resources to Achieve Profitability without Cost Cutting

by Michael Pettus
Hardback
Publication Date: 30/12/2003

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$117.95
We live in a chaotic world. Some of the chaos results from poor decision-making (e.g., Enron, Arthur Andersen, WorldCom). Yet other aspects of chaos (war, terrorist attacks, etc.) are beyond a firm's control. This book demonstrates that firm growth is more dependent on how a firm develops its resource base over time. Examining actual firm growth in several industries, with a focus on trucking, the airline industry, and the North American railroad industry, Pettus shows that a specific resource sequencing leads to higher firm growth than other sequencing patterns. This sequencing pattern is similar across transportation industries, and the pattern may be applicable to other industries. Decisions that firms make with respect to how resources are developed must balance the need for growth in the current time period with the need for growth over the long term. Firms can build sustainable growth by developing resources in a specific sequence; in essence, firms have control over their growth, even when confronted with ever-changing environmental conditions.
ISBN:
9781567206333
9781567206333
Category:
Management & management techniques
Format:
Hardback
Publication Date:
30-12-2003
Publisher:
Bloomsbury Publishing PLC
Country of origin:
United States
Pages:
256
Dimensions (mm):
241x156x24mm
Weight:
0.54kg

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