Managing for the Long Run

Lessons in Competitive Advantage from Great Family Businesses

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Author: Danny Miller,Isabelle Le Breton-Miller

Publisher: Harvard Business Press

ISBN: 9781591394150

Category: Business & Economics

Page: 310

View: 7887

Fidelity, Hallmark, Michelin, and Wal-Mart are renowned industry powerhouses with long leadership track records. Yet these celebrated companies are united by another factor not generally equated with competitive success: They are all family-controlled businesses. While many view the hallmarks of family businesses—stable strategies, clan cultures, and unencumbered family ownership—as weaknesses, Danny Miller and Isabelle Le Breton-Miller argue that it is these very characteristics that create formidable competitive advantages for many such firms. Managing for the Long Run draws from a worldwide study of enduring, family-run organizations—including Cargill, Timken, L.L. Bean, The New York Times, and IKEA—to reveal their unconventional success strategies and how these strategies can be adopted and applied in any organization. Miller and Le Breton-Miller show how four driving passions of family-run firms—command, continuity, community, and connection—give rise to a set of practices that defy modern management thinking yet ensure a company’s long term competitive advantage. Outlining how these practices can enhance strategic efforts from operations to brand leadership to innovation, this book shows what every company must do to manage for the long run.

Economics in the Long Run

New Deal Theorists and Their Legacies, 1933-1993

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Author: Theodore Rosenof

Publisher: Univ of North Carolina Press

ISBN: 0807864234

Category: History

Page: 240

View: 4230

Though understandably preoccupied with the immediate problems of the Great Depression, the generation of economists that came to the forefront in the 1930s also looked ahead to the long-term consequences of the crisis and proposed various solutions to prevent its recurrence. Theodore Rosenof examines the long-run theories and legacies of four of the leading members of this generation: John Maynard Keynes of Great Britain, who influenced the New Deal from afar; Alvin Hansen and Gardiner Means, who fought over the direction of New Deal policy; and Joseph Schumpeter, an opponent of the New Deal. Rosenof explores the conflicts that arose among long-run theorists, arguing that such disputes served eventually to set the stage for the emergence and domination of a short-run Keynesian approach to economic policy that collapsed under the impact of 1970s stagflation. Tracing the subsequent revival of long-run theories, Rosenof demonstrates their relevance to an understanding of the economy's problems over the past quarter-century and to the current debate over public policy. Originally published in 1997. A UNC Press Enduring Edition -- UNC Press Enduring Editions use the latest in digital technology to make available again books from our distinguished backlist that were previously out of print. These editions are published unaltered from the original, and are presented in affordable paperback formats, bringing readers both historical and cultural value.

In the Long Run We're All Dead

The Canadian Turn to Fiscal Restraint

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Author: Timothy Lewis

Publisher: UBC Press

ISBN: 0774845260

Category: Political Science

Page: 288

View: 8252

In The Long Run We're All Dead: The Canadian Turn to Fiscal Restraint offers the first comprehensive scholarly account of this vital public policy issue. Lewis deftly analyzes the history of deficit finance from before Confederation through Canada's postwar Keynesianism to the retrenchment of the Mulroney and Chr�tien years. In doing so, he illuminates how the political conditions for Ottawa's deficit elimination in the 1990s materialized after over 20 consecutive years in the red, and how the decline of Canadian Keynesianism has made way for the emergence of politics organized around balanced budgets.

The Long Run

A New York City Firefighter's Triumphant Comeback from Crash Victim to Elite Athlete

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Author: Matt Long

Publisher: Rodale

ISBN: 1609611799

Category: Sports & Recreation

Page: 292

View: 4413

A New York City firefighter's emotional and inspiring memoir of learning to run again after a debilitating accident. "The Long Run" is an emotional and incredibly honest story about Long's determination to fight through fear, despair, loneliness, and intense physical and psychological pain to regain the life he once had.

The Long Run

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Author: Michael Seibert

Publisher: Lulu.com

ISBN: 0557545579

Category:

Page: N.A

View: 2240

The Long Run

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Author: Leo Furey

Publisher: Shambhala Publications

ISBN: 1590305280

Category: Fiction

Page: 376

View: 1120

In the face of loneliness and brutality, a group of boys in the Mount Kildare Orphanage, located in the small city of St. John's, Newfoundland, bands together to look out for one another and secretly train for the city's marathon.

Profits in the Long Run

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Author: Dennis C. Mueller

Publisher: Cambridge University Press

ISBN: 9780521306935

Category: Business & Economics

Page: 378

View: 8703

Discovers that there are persistent differences in market power among large U. S. companies by analyzing data for the 1000 largest manufacturing firms in 1950 and 1972. Considers the influence of risk, sales, diversification, growth and managerial control on long run profitability.

The Long Run

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Author: Ted Allbeury

Publisher: Hachette UK

ISBN: 1444782630

Category: Fiction

Page: 272

View: 1256

In Washington, in London, in Berlin, very different men confront a future they distrust and despise. In the years since the end of the Cold War, true power seems to have shifted from their nations' natural leaders to a gaggle of irresponsible journalists and self- seeking politicians, cynically manipulating news and public opinion to their own ends. These men have not forgotten the lessons of five decades of clandestine struggle. And when a long-dead spy's secrets resurface, they see an opportunity. But can any man, no matter how well-meaning, seize the reigns of power without endangering the very way of life he seeks to protect?

Unemployment and Productivity in the Long Run

The Role of Macroeconomic Volatility

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Author: Paolo Surico,Mr. Luca Antonio Ricci,Pierpaolo Benigno

Publisher: International Monetary Fund

ISBN: 1455216860

Category: Business & Economics

Page: 49

View: 1938

We propose a theory of low-frequency movements in unemployment based on asymmetric real wage rigidities. The theory generates two main predictions: long-run unemployment increases with (i) a fall in long-run productivity growth and (ii) a rise in the variance of productivity growth. Evidence based on U.S. time series and on an international panel strongly supports these predictions. The empirical specifications featuring the variance of productivity growth can account for two U.S. episodes which a linear model based only on long-run productivity growth cannot fully explain. These are the decline in long-run unemployment over the 1980s and its rise during the late 2000s.