Smart Growth : Building an Enduring Business by Managing the Risks of Growth.
Title:
Smart Growth : Building an Enduring Business by Managing the Risks of Growth.
Author:
Hess, Edward D.
ISBN:
9780231521758
Personal Author:
Physical Description:
1 online resource (203 pages)
Series:
Columbia Business School Publishing
Contents:
Title Page -- Dedication -- Acknowledgements -- Smart Growth -- CHAPTER 1 - Defining the Growth Mental Model -- What Is a Mental Model? -- What Is the Growth Mental Model? -- Smooth and Continuous Growth-Wall Street Rules -- Earnings Game Example -- Why Should Your Company Grow? -- Tiffany & Co. Case -- CHAPTER 2 - Smooth and Continuous Company Growth -- McGrath Study -- Lipton -- McKinsey Study -- Corporate Executive Board Study -- Hess's Organic Growth Index Studies -- Wiggins and Ruefli Study -- Conclusion-Six Studies -- Sysco Corporation Case -- CHAPTER 3 - Economics THEORIES OF GROWTH -- Neoclassical and New Growth Economics -- Industrial Economics -- Penrose: A Resource-Based View of the Firm -- Joseph Schumpeter: Creative Destruction -- Complexity Economics -- Ecological Steady-State Economics -- Behavioral Economics -- Conclusion: Economics-Theories of Growth -- McDonald's Corporation Case -- CHAPTER 4 - Organizational Design and Strategy -- Corporate Half-Truths -- Sustainable Competitive Advantage -- Growth Progressions -- Darden Growth/Innovation Model -- Best Buy Co., Inc. Case -- CHAPTER 5 - Biology THEORIES OF GROWTH -- Complexity Theory -- Procter & Gamble Company Example -- Defender Direct, Inc. Case -- CHAPTER 6 - Smart Growth -- Disclosure/Transparency of the "Earnings Game" -- What Is the Impact of the Earnings Game? -- Coca-Cola Company Case -- CHAPTER 7 - Managing the Risks of Growth -- Growth Decision Process -- Growth Risks Audit Checklist -- Starbucks Coffee Example -- JetBlue Example -- Home Depot, Inc. Case -- Harley-Davidson Example -- CHAPTER 8 - Managing the Risks of Growth -- Darden Private Growth Company Research -- Room & Board Case -- CHAPTER 9 - It Is Time for Smart Growth -- Smart Growth -- Costco Wholesale Corp. Example -- United Parcel Service Case -- Conclusion -- Appendix -- Bibliography -- Index.
Copyright Page.
Abstract:
Wall Street believes that all public companies should grow smoothly and continuously, as evidenced by ever-increasing quarterly earnings, and that all companies either "grow or die." Introducing a research-based growth model called "Smart Growth," Edward D. Hess challenges this ethos and its dangerous mentality, which often deters real growth and pressures businesses to create, manufacture, and purchase noncore earnings just to appease Wall Street. Smart Growth accounts for the complexity of growth from the perspective of organization, process, change, leadership, cognition, risk management, employee engagement, and human dynamics. Authentic growth is much more than a strategy or a desired result. It is a process characterized by complex change, entrepreneurial action, experimental learning, and the management of risk. Hess draws on extensive public and private company research, incorporating case studies of Best Buy, Sysco, UPS, Costco, Starbucks, McDonalds, Coca Cola, Room & Board, Home Depot, Tiffany & Company, P& G, and Jet Blue. With conceptual innovations such as an Authentic Earnings and Growth System framework, a seven-step growth funnel pipeline, a Growth Decision Template, and a Growth Risks Audit, Hess provides a blueprint for an enduring business that strives to be better, rather than simply bigger.
Local Note:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2017. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
Genre:
Electronic Access:
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