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Growth, Governance and Organisation:
on Power Strategy and Modular Organisation, Van Gorcum, Assen, 2005.
Download:
strikwerda-2005.pdf
Excerpt
The first task of good corporate governance is to ensure the growth of
individual firms and nations. To achieve this, corporate governance
should not restrict itself tot effective internal control and risk
management by the Executive Board, but that the Executive Board defines
and executes an effective external control as well.
Sustainable growth and profitability require more than just
technological innovation or working more hours, different recipes are
needed. We need to re-invent our business institutions to free ourselves
from the conventions that hinder us to capture the opportunities of
digital technology and the exploitation of content. Contrary to the
present dominant notion of corporate governance, firms need to be in
control with respect to their future. To achieve this, firms need to pay
attention to their external control, not only to their internal control.
The modular organisation provides many more degrees of freedom to design
the organisation of the firm to optimize the economics of the firm.
However, this modular organisation is a two-edged sword, one edge being
a better economizing of the firm, the other edge is a higher
transparency for competitors with respect to the real sources of cash
flow. This makes the firm vulnerable for precision attacks by
competitors on those sources of cash flow. To ensure its future, a firm
needs to have a far more sophisticated portfolio of activities, beyond
the traditional capital investment based portfolio, a portfolio that
more resembles the pieces on a chessboard, requiring the mind of a
grandmaster to win the game.
A book for executives and non-executives, strategists and managers, and
for policy makers, in need for a fresh view on strategy, governance and
organisation in a world of changing rules.
Growth, Governance and Organisation
Growth, Governance and organisation
- The importance of growth
- Talent, technology and tolerance
Corporate governance and economic growth
- The loss of an aspirational agenda
- How corporate governance contributes to economic growth
- The purpose of the system of corporate governance
- The psychology of governance
- New issues in governance
Growth and institutions
- Hope
- Knowledge and growth
- Institutions
- Firm-level institutions
- Changes in Human Resource Management
- Management Control
To be or not to be in control
- When is the Board in control?
- Perfect control does not exist
- Control: external and internal, future oriented
- External control
- Internal control
- A redefinition of to be in control
Power strategy
- Market power
- Types of power
- Playing the power game
The modular organisation
- Value centres
- New degrees of freedom for organisation design
- Modular organisation at the industry level
- The network industry concept
- The standards war
- Horizontal competing
- One-dimensional interfaces
- Building blocks and value creation
- The new building blocks of the organisation
- Chess
Back to daily life
- MBA-concepts
- Leadership
- Explorative trust
- Seeing the whole ‘board’ (the theatre of competition)
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