Re-Creating the Corporation: A Design of Organizations for the 21st Century by Russell L. Ackoff

Re-Creating the Corporation: A Design of Organizations for the 21st Century

byRussell L. Ackoff

Hardcover | July 15, 1999

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Over the last three decades the average life expectancy of a corporation in North America has dipped well below 20 years. In fact, by 1983 a full third of the 1970 Fortune 500 companies had been acquired, merged, or broken apart. In this landmark book, one of the business world's foremostpioneers, Russell L. Ackoff, delivers this indispensable guide for those hoping to beat these odds--and to better navigate the corporate challenges of the next millennium. While most business and management schools continue to teach the functions of a corporation separately--production, marketing, finance, personnel--the reality is that for a corporation to endure each division must work with the others to create an effective system. Re-Creating the Corporationis Ackoff's masterful blueprint for understanding and creating these model corporate systems. In four comprehensive sections--Background, Process, Designs, and Change--Ackoff lays out in clear concise prose the five organizational goals of successful corporate systems: plan effectively, learn andadapt rapidly, democratize, introduce internal market economies, and employ a flexible structure that will minimize the need for future restructuring. And through a deft mix of practical and theoretical examples drawn from a wide range of applications in a wide range of firms, this book ultimatelyguides executives to the system best suited to meet their organizational goals. Re-Creating the Corporation, which is the culmination of a lifetime of innovative and insightful business thought from one of the business world's premier thinkers, is essential reading for those attempting to navigate the rapidly changing economic environment of the next millennium.

About The Author

Russell L. Ackoff is currently Chairman of Interact, an institute dedicated to education, consulting, and research, and Professor Emeritus of the Wharton School, University of Pennsylvania. Considered one of the most innovative and insightful management thinkers of the 20th century, he is also the author of the acclaimed The Democratic...

Details & Specs

Title:Re-Creating the Corporation: A Design of Organizations for the 21st CenturyFormat:HardcoverDimensions:352 pages, 6.18 × 9.41 × 1.18 inPublished:July 15, 1999Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0195123875

ISBN - 13:9780195123876

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From Our Editors

As a business owner, operator or senior manager, do you really know where you want your organization to be in five, 10 or even 15 years? Many people have the stamina to get a business up and running, but fewer women and men in the corporate sector know how to keep it afloat. By dividing useful information into four sections, Russell A. Ackoff provides a five-part framework for ensuring your organization always attains success in Re-Creating the Corporation.

Editorial Reviews

"A very straightforward book based on systems thinking, an approach that views the corporation as an organic whole swimming in its environment rahter than as a conglomerate of disparate departments and functions." "With clarity and style, Ackoff has drawn a very simple map for theimplementation of systems thinking in the corporation."--Stacy Hague, CIO