Avoiding Corporate Breakdowns The Nature and Extent of Managerial Responsibility

by Hosmer, Larue; Barry, Patrick J.

• ISBN13: 9781137322913
• ISBN10: 1137322918
• Format: Hardcover
• Copyright: 2013-04-18
• Publisher: Palgrave Macmillan

Summary

There is no denying the global economy is changing at a rapid pace. Competition is increasing in intensity, technology is increasing in complexity, and innovation is increasing in importance, but approaches to managerial decision-making have not kept pace. This rigidity explains such corporate disasters as the blowout, explosion, and fire at the BP drilling platform in the Gulf of Mexico in 2010, the total collapse of the residential mortgage industry that started in 2006, and the use of lead paint on children's toys revealed in 2007. Managers today face 21st century problems, and Avoiding Corporate Breakdowns provides the means of solving these very problems.

Author Biography

LaRue Hosmer is an Emeritus Professor who taught a mixture of courses on Corporate Strategy, Entrepreneurial Ventures and Business Ethics at the University of Michigan. He found, during his career, that these were not three different topics. Instead, they were three different ways of addressing the same issue of successful organizational leadership using separate theoretical approaches.Patrick Barry is a Graduate of the University of Chicago Law School and is currently teaching at the University of Michigan.

Table of Contents

Table of Contents
1. Defining the Problem 
2. Proposing the Solution 
3. Applying the Evaluative Construct of Economic Efficiency 
4. Applying the Evaluative Construct of Legal Conformity 
5. Applying the Evaluative Construct of Personal Integrity 
6. Acknowledging the Results: Trust, Commitment and Effort