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In search of gold and sanctuary in Tijuana. (economic growth in Mexico) (Editorial)
January 1, 1992... Predicting, as Mark Twain observed, is a hazardous business, especially when it involves the future. Economists know full well that prescience is a quality the gods jealously guard, reserving it for themselves. But the gods are seductive,...
The Baltic republics: renaissance now? (includes related article on coup in the Soviet Union)
January 1, 1992... On June 1, 1991, 1 departed Bloomington, Indiana for a two-week trip to the notso-sunny Baltic destination of Riga, Latvia. While other academic brethren were departing for the likes of Hawaii and the Bahamas at their own expense, I was...
The globalization of venture capital.
January 1, 1992... As American industry has become more globalized, we find that venture capital is no longer exclusively an American phenomenon. Europe and the Far East, most notably, have become major players in the venture capital arena. Ramon V. Reyes of...
The Icarus paradox: how exceptional companies bring about their own downfall.
January 1, 1992... The fabled Icarus of Greek mythology is said to have flown so high, so close to the sun, that his artificial wax wings melted and he plunged to his death in the Aegean Sea. The power of Icarus's wings gave rise to the abandon that so doomed...
Self-confidence and decisiveness: prerequisites for effective management in the 1990s.
January 1, 1992... Managers in today's organizations face complex, turbulent, and challenging decision environments. Among other conditions, U.S. firms are now confronted with significant global competition. In recognition of these realities, and particularly...
Rambo doesn't work here anymore. (ineffectiveness of guerrilla management techniques)
January 1, 1992... Global markets of the 1980s were not user-friendly to American business. The Pacific Rim decimated domestic and international markets. "Merger-mania," having infected corporate America like measles racing through the first grade, made its...
Women in middle management: their career development and aspirations.
January 1, 1992... An increasing number of women are seeking management positions as a result of their greater participation in the labor force, expanded access to educational opportunities, and involvement in affirmative action programs. According to the U.S....
The meaning of service in business. (includes related article on personal commitment)
January 1, 1992... Humans are frequently tripped up by the mistaken notion that significance can be realized directly through acquiring possessions, or by living spotless lives, or both. Experience shows us that a sure way to fail ever to achieve success is to...
Smoke-free environments: a critical review.
January 1, 1992... In a 1987 issue of the Harvard Business Review, we discussed how Blue Cross/Blue Shield of Maryland (BCBSM) introduced its smoke-free worksite policy. At that time, the number of organizations nationwide that were contemplating or had adopted...
Getting payoff from investment in human resource management.
January 1, 1992... We have all read annual reports and listened to executive speeches stating that people are the most important resource. No executive would openly object to this statement. As our economy shifts from an industrial to a service base, as complex...
Minority ownership for key employees: dividend or disaster?
January 1, 1992... In the search for ways to inspire and reward performance, many owners of privately held companies have awarded minority shareholdings to key employees. Encouraged by the conventional wisdom espoused by consultants, lawyers, accountants, and...
A review of current biographies and business histories. (Bibliography)
January 1, 1992... Ever since Lee Iacocca wrote his best-selling autobiography, publishers have been releasing business and professional books that strip the veils from corporate oligarchs, or publishing unvarnished corporate histories that lay bare the...
Economic Reform in China: Problems and Prospects.
January 1, 1992... Collections of conference papers inevitably contain articles of uneven quality. Participants frequently address their current research preoccupations, which may be only obliquely related to the assigned topic. Some are more articulate than...
The Measurement of Savings, Investment, and Wealth: Studies in Income and Wealth.
January 1, 1992... The conference at which the papers and discussions in this volume were presented was held in March 1987, about 50 years after the first sessions of the newly founded Conference on Research in Income and Wealth. A large number of the previous...
Flying Blind: The Failure of Airline Deregulation.
January 1, 1992... The reviewer, Arthur S. Leahy, is an industry economist at the Internal Revenue Service, Washington, D.C The views expressed are those of the reviewer and do not necessarily reflect the views of the Internal Revenue Service.
It has been...
The Federal Role in Urban Mass Transportation.
January 1, 1992... (Before saying anything else, I am compelled to report two facts. First, for the past 14 years I have earned my livelihood as an employee of the Urban Mass Transportation Administration, an agency this book discusses in some detail. Second,...