This book provides a comprehensive and integrated approach to management strategy that is based on economics. A basic introductory strategy text that integrates economic analysis with management strategy, it takes into account global competition and high-tech (Internet) developments, and recognizes that companies today can no longer expect to sustain competitive advantage but must rely on [...]

Everybody is discussing about the executive pay topic. John E. Core, Wayne Guay and David F. Larcker have published a contribution about “The Power of the Pen and Executive Compensation” in the Journal of Financial Economics: Vol. 88 (1) 2008. In an online interview Larcker stated that “Two issues emerged, first, is the press picking [...]

The term “ABC” collaboration refers to academic, business practicioners and consultants. In a pre-conference session of the 28th annual meeting of the strategic management society in cologne Jay Barney, Hugh Courtney, Bolko von Oetinger and Paul Schoemaker discussed this topic. In my opinion this is a critical question for academics as well as practicioners. While [...]

In a article published by Harvard Business School | Working Knowledge Michael E. Porter, Jay W. Lorsch and Nitin Nohria give advise to new CEOs and argue that… “You Can’t Run the Company” The reasons are too many meetings and too many tactical discussions. Another argument is that… “You Are Not The Boss” So often [...]