This book provides important guidelines for the digital transformation process and shows how established companies in particular can use digitization for their strategic further development. It highlights developments in IT and data management supported by AI and analyzes how marketing sales HR the corporate organization and controlling must be transformed in the digital age in order to take advantage of these new opportunities as early and comprehensively as possible. The tools offered in this book will support companies in actively shaping the change.

This book dives deep into the Three Pillar Model (3-P-Model) applied by the authors for organizations. These pillars are: Sustainable Purpose Traveling Organization and Connected Resources. The authors specifically concentrate on the pillar Traveling Organization and help in understanding the concept its design and navigation in practice. The expert contributors also show the relevance of the 3-P-Model in diverse areas - from profit and public organizations to the catholic church and cultural work. The navigation is aligned with the pillar Sustainable Purpose and connects professional topics organizations and people as three core resources. Organizational scientists business strategists and executive MBA students will particularly benefit from this book.

9780871548443. Pre-Owned: Good condition. Trade paperback. Language: English. Pages: 619. Trade paperback (US). Glued binding. 619 p. Contains: Illustrations. Modern financial markets offer the real world s best approximation to the idealized price auction market envisioned in economic theory. Nevertheless as the increasingly exquisite and detailed financial data demonstrate financial markets often fail to behave as they should if trading were truly dominated by the fully rational investors that populate financial theories. These markets anomalies have spawned a new approach to finance one which as editor Richard Thaler puts it entertains the possibility that some agents in the economy behave less than fully rationally some of the time. Advances in Behavioral Finance collects together twenty-one recent articles that illustrate the power of this approach. These papers demonstrate how specific departures from fully rational decision making by individual market agents can provide explanations of otherwise puzzling market phenomena. To take several examples Werner De Bondt and Thaler find an explanation for superior price performance of firms with poor recent earnings histories in the tendencies of investors to overreact to recent information. Richard Roll traces the negative effects of corporate takeovers on the stock prices of the acquiring firms to the overconfidence of managers who fail to recognize the contributions of chance to their past successes. Andrei Shleifer and Robert Vishny show how the difficulty of establishing a reliable reputation for correctly assessing the value of long term capital projects can lead investment analysis and hence corporate managers to focus myopically on short term returns. As a testing ground for assessing the empirical accuracy of behavioral theories the successful studies in this landmark collection reach beyond the world of finance to suggest very powerfully the importance of pursuing behavioral approaches to other areas of economic life. Advances in Behavioral Finance is a solid beachhead for behavioral work in the financial arena and a clear promise of wider application for behavioral economics in the future.

Conventional explanations of the nature of money are weighed down by bad ideas and irrelevant historical evidence. The standard theory of finance is hampered by the lack of both sociological and ethical contextualization and by sloppy thinking about numbers and time. Money Finance Reality Morality addresses those weaknesses with truly novel models of how the economy money and finance actually work. The book analyses the perception of money as an economic tool (as compared to a symbolic and sociological object) as a highly functional quantitative token that assigns numerical values to the inherently unmeasurable economic activities of labour and consumption. It looks at finance as an often inferior solution to economic problems and a tool for helping the poor support the rich. And it explains how the tolerance of greed makes the money-finance system the weakest link in modern economies. Money Finance Reality Morality written without jargon or maths will be of interest to students teachers and practitioners in economics and finance government and politics religion and philosophy and sociology.

This series summarizes current thinking in the field of comparative management. The series is intended to make an academic contribution through focused essays presenting material in a fashion suitable for both scholars and advanced students.