| Business |
![]() * The New Industrial Revolution: Consumers, Globalization and the End of Mass Production. Peter Marsh (Financial Times; London). New Haven, CT: Yale U Press, May 2012, 320p, $35. The rapid emergence of China and India as prime locations for low-cost manufacturing has led some to conclude that manufacturers in the “old economies” – the US, UK, Germany, and Japan – are being edged out of a profitable future. This analysis of the industrial revolution that is taking place right now shows that opportunities are not over for these countries. Considers advances in technology, a greater focus on tailor-made goods aimed at specific individuals and industry users, participation of many more countries in world manufacturing, and the growing importance of sustainable forms of production. (WORLD ECONOMY * NEW INDUSTRIAL REVOLUTION * MANUFACTURING * BUSINESS) * Consumer Shift: How Changing Values Are Reshaping the Consumer Landscape. Andy Hines (Lecturer and Executive-in-Residence, Graduate Program in Future Studies, U of Houston). Tempe AZ: No Limit Publishing Group, 2011, 292p. The old approaches to understanding consumers aren’t working, and the landscape of the next decade is likely to be quite different. A rethink is needed about shifts to postmodern values reinforced by the Great Recession. Five key themes: 1) Authenticity: people are tired of being managed and manipulated; 2) Connection: related to feeling that life is out of control is the desire to get reconnected to what is really important; 3) Anti-Consumerism: disenchantment with consuming has been gaining momentum, as people beyond poverty level seek to trade off money and material goods for time to enjoy experiences; 4) Self-Expression: people are turning inward and re-assessing the meaning of their lives, with a search for deeper meaning and purpose; 5) Enoughness: voluntary simplicity by choice or necessity; acceptance and embrace of the need for limits. Chapters discuss what’s going on deep inside consumers (identity, needs, values, mind-body), what’s being said to consumers, patterns in changing values, the shift to integral values (the next wave behind postmodern values), consumer co-creation and augmentation, consumer “sweet spots” (23 emerging need states in seven meta-needs such as pursuit of happiness, simplicity, local community preference,, global citizens), future personas, and the three “worlds” of nations (affluent nations, emerging markets, nations mired in poverty). (BUSINESS * SOCIETY * CONSUMER VALUES * VALUES OF CONSUMERS)
*The New Industrial Revolution: Consumers, Globalization and the End of Mass Production. Peter Marsh (Financial Times; London). New Haven, CT: Yale U Press, May 2012, 320p, $35. The rapid emergence of China and India as prime locations for low-cost manufacturing has led some to conclude that manufacturers in the “old economies” – the US, UK, Germany, and Japan – are being edged out of a profitable future. This analysis of the industrial revolution that is taking place right now shows that opportunities are not over for these countries. Considers advances in technology, a greater focus on tailor-made goods aimed at specific individuals and industry users, participation of many more countries in world manufacturing, and the growing importance of sustainable forms of production. (WORLD ECONOMY * NEW INDUSTRIAL REVOLUTION * MANUFACTURING * BUSINESS)
** The Corporate Whistleblower’s Survival Guide: A Handbook for Committing the Truth. Tom Devine (Legal Director, Government Accountability Project) and Tarek F. Maassarani (Adjunct Prof of Communication and Human Rights, George Washington U). San Francisco CA: Berrett-Koehler Publishers and Government Accountability Project, April 2011, 288p, $19.95pb (also as e-book). The Government Accountability project has helped over 5,000 people blow the whistle since 1977. Corporate whistleblowers save lives, prevent fraud, and preserve the environment by undergoing a long, difficult, draining, and often frightening process. They rarely have any idea what they’re in for and, daunted by the ferocity of the resistance and their feelings of isolation and helplessness, some give up, and others are broken financially and emotionally. Describes the tactics corporations use to attack whistleblowers and cover up or deny damaging revelations, and provides practical advice to whistleblowers on how to find information to support their claims, who to blow the whistle to, how to enlist allies, and taking advantage of legal opportunities. (BUSINESS * METHODS * WHISTLEBLOWER’S SURVIVAL GUIDE * GOVERNMENT ACCOUNTABILITY PROJECT)
* Report on the Green Transition Scoreboard. Hazel Henderson, Rosalinda Sanquiche, and Timothy Jack Nash (all www.EthicalMarkets.com). St. Augustine FL: Ethical Markets Media, Feb 2011, 26p (free online). The Green Transition Scoreboard, created by Hazel Henderson (longtime futurist and author of The Politics of the Solar Age, Doubleday Anchor 1981), is a global tracking of private financial system for all sectors investing in green markets. In the 2007-2010 period, $1,359 billion was invested in Renewable Energy, $282 billion in Efficiency and Green Construction, $65 billion in Cleantech (agriculture, materials, recycling, wastewater, etc.), $135 billion in Smart Grid (companies building infrastructure), and $164 billion in Corporate R&D (with thousands of R&D projects still unaccounted for). This finding of >$2 trillion “puts global investors and countries on track to reach $10 trillion in investments by 2020. [Note: This distinctive and heartening report will be updated every six months.]
(SUSTAINABILITY * GREEN TRANSITION SCOREBOARD * BUSINESS: GREEN INVESTMENT)
* Embedded Sustainability: The Next Big Competitive Advantage. Chris Laszlo (Visiting Professor, Case Western Reserve U; co-founder and managing partner, Sustainable Value Partners) and Nadya Zhexembayeva (Chair of Sustainable Development, IEDC-Bled School of Management). Palo Alto CA: Stanford U Press, April 2011, 224p, $35. Incorporating environmental, health, and social value into the product life cycle with no trade-off in price or quality is a requisite for every sector of the economy. The more mainstream “green” becomes, the more it sets the standard for all businesses. Embedded sustainability enables smart companies to create even more value for their investors, while excelling in the marketplace and meeting customers’ demands and personal standards.
(BUSINESS * SUSTAINABILITY AND BUSINESS)
* Doing Business 2011. The World Bank. Washington: World Bank, Sept 2010/185p/$35. More countries than ever are slashing red tape around starting businesses. Measures regulations across 183 economies affecting ten areas of everyday business activity (starting a business, dealing with construction permits, employing workers, registering property, getting credit, protecting investors, paying taxes, trading across borders, enforcing contracts, closing a business). Ranks countries on their overall ease of doing business, analyzes reforms to business regulations, and illustrates how reforms can translate into better outcomes for domestic entrepreneurs and the wider economy. Also focuses on how women are affected by complex business regulations. (BUSINESS)
* Consumer Policy Toolkit. Organisation for Economic Co-operation and Development. Paris: OECD, July 2010, 128p, $40 (free pdf). One of the principal functions of governments of market-based economies is to establish economic frameworks that promote innovation, productivity, and growth for the ultimate benefit of consumers. But “more choice and more complexity in many markets have made it increasingly difficult for consumers to compare and assess the value of products and services.” Similar challenges face government authorities responsible for protecting consumers from unfair commercial practices and fraud. Examines how markets have evolved and provides insights for improved consumer policy making (including accreditation, provision, standards, enforcement, and cooling-off periods). Explores how the study of behavioral economics is changing the way policy makers are addressing problems. (BUSINESS * ECONOMY * CONSUMER POLICY)
* The End of the Free Market: Who Wins the War Between States and Corporations? Ian Bremmer (president, Eurasia Group risk consultancy). NY: Portfolio (Penguin Group), May 2010/221p/$26.95 (e-Book, $12.99). Details the growing phenomenon of state capitalism, where governments drive local economies through ownership of market-dominant companies and large pools of excess capital. China has become the global model, boosted by the recent financial crisis. Other nations using state companies to shore up power at home include Russia, Iran, Venezuela, and the Arab states of the Persian Gulf. This new hybrid has led to a changing balance of power between the state and the market. This trend threatens America’s competitive edge, the conduct of free markets everywhere, and the entire global economy. [Also see interview with Bremmer (The Futurist, May-June 2010, 29-31) and The Beijing Consensus by Stefan Halper (Basic Books, 2010).]
(STATE CAPITALISM * CHINA * GLOBAL ECONOMY * BUSINESS)
* International White Collar Crime: Cases and Materials. Bruce Zagaris (partner, Berliner, Corcoran & Rowe, Washington; former Prof of Law, American U). NY: Cambridge U Press, March 2010, 366p, $45pb. On the rise of transnational economic crime —money laundering, terrorism, corruption, and organized crime— and recent strategies in the US, UN, World Bank, INTERPOL, and economic integration groups to combat it. As transnational criminals use globalization, trade liberalization, and new technologies for criminal purposes, combating transnational business crime draws attention to arduous tasks of extraterritorial jurisdiction, evidence gathering, extradition, and international prisoner transfer.
(INTERNATIONAL LAW *U.S. FOREIGN POLICY * WHITE COLLAR CRIME GLOBALIZED)
* How the Mighty Fall: And Why Some Companies Never Give In. Jim Collins. NY: HarperCollins, May 2009/240p/$23.99 (brief version, Business Week Cover Feature, 25 May 2009, 26-38). Author of Good to Great and Built to Last describes five stages of decline: 1) hubris born of success; 2) undisciplined pursuit of more growth; 3) denial of risk and peril (leaders discount negative data, amplify positive data, and put a spin on ambiguous data); 4) grasping for salvation (lurching for a quick fix or other silver-bullet solutions); 5) capitulation to irrelevance or death (hope abandoned for building a great future). (BUSINESS * METHODS)
* Boulevard of Broken Dreams: Why Public Efforts to Boost Entrepreneurship and Venture Capital Have Failed—and What to Do About It. Josh Lerner (Prof of Investment Banking, Harvard Business School). Princeton UP, Nov 2009/248p/$27.95. Global hubs of entrepreneurial activity all bear the marks of government investment, but there are many failed efforts, wasting billions of dollars* Lerner looks at ways governments have supported entrepreneurs and venture capitalists across decades and continents, suggesting how future public ventures should be implemented.
(BUSINESS * GOVERNMENT)
* The CEO’s Boss: Tough Love in the Boardroom. William M. Klepper (Prof of Management, Columbia U). NY: Columbia Business School (Columbia UP), Dec 2009/224p/$29.95. To avoid another Enron or Tyco, company directors have assumed a bold and independent role in the boardroom, creating a new atmosphere requiring careful negotiation* eight practices of a healthy partnership are detailed, notably the social contract where directors and CEOs agree to be transparent.
(BUSINESS * BOARD DIRECTORS)
* Can Business Save the World? Hard Truths About Ending Poverty. R. Glenn Hubbard (dean, Columbia Business School) and William Duggan (Senior Lecturer, CBS). NY: Columbia Business School (Columbia UP), Aug 2009/208p/$22.95. By diverting a major share of charitable aid into the local business sector of poor countries, citizens can take the lead in growing their own economies, following the success of China and India; switching the “feudal system of aid” to the local business sector to cultivate an ordinary middle class is the surest and only way to eliminate poverty.
(DEVELOPMENT * FOREIGN AID)
* WorldShift 2012: Making Green Business, New Politics, and Higher Consciousness Work Together. Ervin Laszlo (editor, World Futures; founder and president, Club of Budapest). Forewords by Deepak Chopra and Mikhail Gorbachev. Rochester VT: Inner Traditions, Sept 2009/128p/$14.95pb. The deepening economic crisis, threats of climate change, etc. also bring a great opportunity for fundamental change to a sustainable world respectful of humans, nature, and the planet; insights are assembled from spiritual leaders, scientists, and visionary businesspeople. (WORLD POLITICS)
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