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Home arrow Blog arrow Magazine's Blog arrow The Economist, December 22, 2007

The Economist, December 22, 2007

Magazine - The Economist

The Economist, December 22, 2007, Asiaing.com, free ebookChristmas Specials

Staying at the top: Mao and the art of management 

A role model, of sorts

Books on management tend to define success in the broadest possible terms—great product, happy employees, continuous improvement, gobs of profits, crushed competitors. Even when words such as “excellence” and “success” are omitted from the title, they are often implicit. A case in point is the book which many would say defined the genre, Alfred Sloan's “My Years with General Motors”, published in 1963 when GM was still an iconic company and Sloan correctly acknowledged as the architect of the well-run, decentralised, global corporation.

But focusing on how the best produce the best has its limits. Most managers, after all, do not stitch an industrial triumph from a vast bankrupt junkyard, as Sloan did. They do not delight their customer, crush competitors and create vast wealth. They struggle. They stumble.

Where is the book for them? Who can help the under-performing, over-compensated chief executive fighting to survive intrusive journalists, independent shareholders and ambitious vice-presidents who could do a better job? Where is the role model for the manager who really needs a role model most—the one who by any objective measure of performance cannot, and should not, manage at all?...

View The Economist, December 22, 2007

Full Table of Contents. Free.

The Economist Magazine, a weekly news and business publication written for top business decision-makers and opinion leaders who need a wide range of information and views on world events. It explores the close ties between domestic and international issues, business, finance, current affairs, science and technology.

According to its contents page, its goal is "to take part in a severe contest between intelligence, which presses forward, and an unworthy, timid ignorance obstructing our progress." Subjects covered include international news, economics, politics, business, finance, science and technology and the arts.

The publication is targeted at the high-end "prestige" segment of the market and counts among its audience influential business and government decision-makers.

Although The Economist calls itself a newspaper, it is printed in magazine form on glossy paper, like a newsmagazine.

The Economist belongs to The Economist Group. The publication interests of the group include the CFO brand family as well as European Voice and Roll Call (known as "the Newspaper of Capitol Hill"). Another part of the group is The Economist Intelligence Unit, a research and advisory company providing country, industry and management analysis worldwide. Since 1928, half the shares of The Economist Group have been owned by the Financial Times, a subsidiary of Pearson PLC, and the other half by a group of independent shareholders, including many members of the staff. The editor's independence is guaranteed by the existence of a board of trustees, which formally appoints him and without whose permission he cannot be removed.

(From Wikipedia, the free encyclopedia)

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