Powerful institutions do not change until compelled to. The catalyst of change is a crisis which threatens the society's life. Such a crisis now confronts the West. Louis Kelso and co-author Mortimer J. Adler saw this crisis coming more than fifty years ago. In The Capitalist Manifesto (Random House, 1958) they warned that if we continue our ever more futile efforts to distribute through labor the income which is increasingly earned by the other income-producing...

Bienvenidos a AdminCity Para explicarte de una forma fácil y divertida qué es la Administración vamos a hacer un recorrido virtual por diferentes empresas. Nuestra primera parada es una empresa que se dedica a crear vídeo juegos y se llama D-Control. Antes de iniciar el recorrido aprende estas palabras clave: La organización es el grupo de personas que trabajan de manera ordenada para conseguir un objetivo específico.

When a tragic mountain-climbing accident left business professor Denis Shackel stranded on Mount Ruapehu in New Zealand, he turned to the leadership principles he'd been teaching for years to survive the longest night of his life. Alone, with temperatures plunging to -30 degrees Celsius, Shackel managed to stay alive. He broke the night into five thousand five-second intervals, and chose to deal with only one interval at a time -- a strategy based...

Diversity is undeniably good for any business. Corporations with a greater percentage of gender diversity in leadership are in a better position to outperform their less diverse competitors. Not only do these companies have higher capital returns, but they also have better employee retention and engagement. Because the companies are racially diverse, innovative, and problem solving, their horizon of relevance is broader for a wide range of customers. Yet,...

Presenta a nivel teórico y aplicado los principales desarrollos que han consolidado la teoría moderna de portafolio. Para ello, se presentan los elementos fundamentales del modelo media-varianza introducido por Markowitz en 1952 para la construcción de portafolios óptimos, así como sus principales extensiones mediante la incorporación de otras medidas de riesgo como: las medidas de semivarianza, el VaR o CVaR, entre otros; así como diferentes...

This book is largely written in a Frequently Asked Question and Answer format augmented by the historical context for Employee Stock Ownership Plan law, basic corporate finance mathematics used in ESOPs and also has a section of "plays" i.e. common business scenarios with text and illustrations showing how the ESOP structure can elegantly address the desired outcome of these various problems requiring a solution other than selling the company to outside...

The IPO — Initial Public Offering is the most complex financial transaction as it involves knowledge in finance, in many national and international laws, in marketing trends analysis, in macro- and micro- economy, in financial public relations, in econometrics, in fundamental corporate analysis, in financial and securities markets analysis as well as in traditional, financial and analytical accounting. Too many people, including experts, talk about...

Apple, Starbucks, Amazon, Zara, McDonald's - these are some of the brands and companies that are at the forefront of today's global economy. They are embedded in virtually every city and town. But when the global economy goes wrong (as in 2008), it can leave local communities vulnerable in the form of unemployment and bankruptcy. This forward-looking book argues for the creation of local economies as a means of resisting the seismic changes that globalization...

Participate in the Lessons of Experience of a boy born in Bellevue, Kentucky, continuing through high school in Pinellas County, Florida, and then the University of Cincinnati. Follow the twenty-three years of experiences as he joins the Financial Management Program and then goes on the fast track program of corporate audit staff, and increasingly more responsible positions to become the chief financial officer (CFO) of two of GE's industrial businesses...

Financial (or business) acumen is essential for all managers and owners of businesses if they are to truly understand how to make them successful. Yet, for general (non-financial) managers and owners, business finance is often perceived to be "difficult" and/or plain boring. This book, written by an experienced and popular teacher of finance to thousands of non-financial managers, explains in very simple but engaging terms what are the goals of a...