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This groundbreaking book on corporate-level strategy is the fruit of ten years of consulting and research with corporations in North America, Europe, and Japan. Michael Goold, Andrew Campbell, and Marcus Alexander have focused on the question of how parent companies create - or destroy - value in the businesses making up their organizations. They propose a new approach to the management of multibusiness companies, based on the goal of "parenting advantage": being the best parent for each of the businesses in the corporate portfolio. Multibusiness corporations around the globe are grappling with fundamental questions about what businesses their companies should be in, and how they should structure and influence their businesses. For many companies, restructuring and divestitures seem to be the sensible solution. But the authors of Corporate-Level Strategy show that size and diversity are not necessarily problems. More often than not, the fatal flaw is not the range of businesses in the portfolio, but the lack of a corporate strategy that will add any value to them. Corporate-Level Strategy arms senior managers and corporate planners with a set of proven strategic principles and clear guidelines for successfully managing a diverse, multibusiness company. Citing lessons learned from their experiences at companies such as Emerson, 3M, and GE in the USA; Canon in Japan; BTR, Shell, and Unilever in Europe; and a host of other prominent multibusiness organizations around the world, the authors demonstrate that developing a clear corporate-level strategy to achieve parenting advantage is essential to the successful management of a multibusiness corporation. They show how and why corporatestrategy differs from business unit strategy, why parents often inadvertently destroy value through their influence, and what the ingredients of a successful, value-creating corporate strategy are.

"We believe the results of this work deliver up some valuable lessons for any company thinking about ABM, about to start ABM, or recovering from a failure with ABM. . . . We hope our views on the pitfalls that impede successful implementation of ABM help the reader and that by book's end, you'll be as convinced as we are that ABM can be a key weapon in today's international business arena." from the Preface Now revised and expanded, "Activity-Based Management" covers the tools and techniques needed to implement ABM as smoothly as possible and use it to its maximum potential over the long-term. Along with revealing case studies from companies across industries, this comprehensive resource includes thirty lessons to be learned in three crucial areas: starting off right, developing the pilot, and moving from pilot to mainstream. Instrumental in decreasing or eliminating misallocation and misinformation, activity-based management (ABM) is a discipline that focuses on the management of activities as the route to improving the value received by the customer and the profit achieved by providing this value. While a host of Fortune 500 and other growth companies are using ABM, not all are doing so with maximum results, demonstrating clearly that proper application requires certain tools and techniques. The fundamentals needed for the effective deployment of ABM are presented and explained in this comprehensive resource, now completely revised and updated. Edited by Steve Player and David E. Keys, with cases written by members of Arthur Andersen's Advanced Cost Management Practice, "Activity-Based Management" defines what kind of organization should employ ABM, why it should beimplemented, and how it can link with other improvement initiatives to enhance a company's management performance.

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This timely work traces McGregor's original thinking, which has emerged in current approaches that stress distributed leadership, open-minded appraisal techniques, and employee/customer commitment. Today, the Company merged with the Brown News Company. 2005. All rights reserved. The words of Douglas McGregor, Revisited offers new generations of managers... Behind the Scenes (30 Mins.) By 1968, the name changed quite a few times. In his long career as a confidence man, Joseph"Yellow Kid" Weil swindled the public of more than eight million dollars and established the reputation for robbery and trickery. It remains today a landmark reference volume, and its papers are still widely read and referenced in companies, MBA and doctoral programs in Business Management worldwide. Together both books provide an indispensible set for academics, policy makers, consultants and strategists involved in strategic alliances. Originally published in 1948, Con Man now appears in a new edition, part of Broadway's Library of Larceny series, and here is Weil's story as never before, with a smart and witty afterword by none other than Nobel Laureate Saul Bellow, who profiled"Yellow Kid" for The Reporter in 1956. One day he was

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