An illuminating look at the on-going revolution in corporate design
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Edward H. Bowman is Reginald H. Jones Professor of Corporate Management and Director of the Reginald H. Jones Center of the Wharton School, at the University of Pennsylvania. Bruce Kogut is a Professor of Management at the Wharton School and Co-Director of the Reginald H. Jones Center.
Redesigning the Firm illuminates many of the challenges that confront the executive, approaching the issue from a wide variety of perspectives. The book considers, for instance, whether the firm's stockholders, directors, and managers should reevaluate how they distribute power and share information, and it explores why external board members often fail to exercise a strong voice in governance. It looks at the changing boundary of the firm, as partnerships and alliances have become more important, examining this new development in three types of market: emerging markets such as Eastern Europe, markets where economies of scale provide a critical advantage, and dynamic markets where speed is essential. It examines the use of suppliers in Japanese, American, and European firms, and finds the first to be most efficient.
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