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The estimate directory—UK
(1995), 41 pp., £5.99. Different a p p r o a c h s to some of these p e o p l e issues are contained in Stress, Culture and Aggression, ARNOLD S. LINSKY, RONET BACHMAN and MURRAY A. STRAUS, Yale University Press (1995), 200 pp., £16.50. A t t e m p t s to answer questions, such as: Is life in the US b e c o m i n g more stressful? Are levels of stress related to residence in a particular state or region? Is stress in a society associated w i t h aggression? A n i m p o r t a n t subject, but likely to be of specialist interest. Also, pity no attempt to correlate State Stress Index (pp. 30-31) with i n c o m e per head a n d / o r its distribution; also relevant are The Achilles Syndrome, PETRUSKA CLARKSON, Element (1994), 180 pp., £8.99 (explores h o w to overcome the secret fear of failure); and Talking from 9 to 5, DEBORAH TANNEN, Virago (1995), 368 pp., £16.99 (shows the different w a y s men and w o m e n tend to make decisions, ask for information, negotiate a n d get others to do things; needs to be integrated w i t h the w o r k on culture by Hofstede, T r o m p e n a a r s et el.)
The Estimate Directory--UK, The Estimate Directory Ltd (1995), 704 pp., monthly, annual subscription £495.00. The collection of equity forecast data w o u l d be invaluable for anyone involved in attempting to evaluate the future prospects of 1250 public quoted UK companies capitalized over £10 million. Also available on disk, at a price subject to negotiation d e p e n d ing on markets covered and level of access. Other v o l u m e s cover Continental Europe, Emerging Markets, Japan and Pacific Basin. The measurem e n t of the performance of one, increasingly important, aspect of (UK) p e n s i o n funds is c o n t a i n e d in AVC 95: Survey Results, Watson Wyatt (1995), 24 pp., £95.00. A n o t h e r useful performance related p u b l i c a t i o n is the 19 papers in Measures for Success in the Public Sector, edited by PETER M. JACKSON, CIPFA/Public Finance Foundation (1995), 158 pp., £25.00. Essential reading for all public sector managers. Some of the more general issues associated w i t h u n d e r s t a n d i n g h o w the external e n v i r o n m e n t of companies influences their performance are c o n s i d e r e d (academically) The Performance of Companies, STEPHEN NICKBook Reviews and Review Briefs
ELL, Blackwell (1995), 118 pp., £25.00. (One conclusion: "Perhaps surprisingly, the evidence suggests that group based r e w a r d systems have a bigger positive impact on p r o d u c t i v i t y than i n d i v i d u a l - b a s e d systems.")
be given a greater global perspective. Other global perspectives are reflected in Corporate Governance in Tran-
sitional Economies: Insider Control and the Role of Banks, edited by MASAHIKO AOKI and HYUNG-KI KIM, W o r l d Bank (1995), 467 pp., $30.00; Workers
in an Integrating World: World Development Report 1995, W o r l d Bank/ The Strategic Role of Marketing: Understanding why Marketing should be Central to your Business Strategy, ADRIAN DAVIES, McGraw-Hill (1995), 205 pp., £22.95. Emphasizes the i m p o r t a n c e of a harm o n i o u s partnership between marketing and effective strategic l e a d e r s h i p to p r o d u c e strategies that will achieve outstanding organizational results. A n i m p o r t a n t message (well presented) that cannot be over emphasized. A similar theme is effectively covered in Marketing Management & Strategy, PETER DOYLE, Prentice Hall (1994), 410 pp., £21.95. A useful collection of 21 classical marketing papers is contained in Marketing Strategy, e d i t e d by DALE LITTLER and DOMINIC WILSON, Butterworth Hein e m a n n (1995), 389 pp., £19.99. The changing nature of (UK) c o n s u m e r buying patterns are considered in The Rich and the Poor in Britain, Mintel (1995), £895.
Ownership and Control: Rethinking Corporate Governance for the Twentyfirst Century, MARGARETM. BLAIR, The Brookings Institution (1995), 371 pp., $42.95 (hb), $18.95 (sb). Reviews h o w the institutional arrangements for the governance of public corporations in the US are s u p p o s e d to work, in theory and by law, as well as laying out the economic rationale for these arrangements. Presents a conceptual framework for thinking about h o w the Corporate Governance systems in the US must evolve for long-term wealth creation. Emphasizes the n e e d to consider the interests of all stakeholders, if long-term survival is important. Similar to the theme of Tom orro w' s Comp any: the Role orb u siness in a Changing World, RSA Inquiry (1995), 33 pp., £25.00. In view of the increased internationalization of business (and life) all these issues n e e d to
Oxford University Press (1995), 251 pp., $20.00; Global Economic Prospects and the Developing Countries, World Bank (1995), 102 pp., $13.00.
Creative Destuction: a Six-stage Process for Transforming the Organization, RICHARD L. NOLAN and DAVID C. CROSON, Harvard Business School Press (1994), 259 pp., £22.50. Develops a set of 20 m a n a g e m e n t principles to provide the s o u n d foundation on w h i c h to b u i l d a n e t w o r k organization for the 1990s and beyond. These are then integrated into a six-stage process for managing the transformation from the old set of industrial economic structure to the new. A similar theme is reflected, but from a different perspective, in Corporate Restructuring:
Managing the Change Process from Within, GORDON DONALDSON, Harvard Business School Press (1994), 227 pp., £25.95. Both are essential reading. Not all the points are new, but success comes from their effective integration and failure comes from the weakest link. A n o t h e r a p p r o a c h is taken by
Crisis and Renewal: Meeting the Challenge of Organizational Change, DAVID K. HURST, Harvard Business School Press (1995), 229 pp., $24.95. Argues there are times w h e n mangers must deliberately by committing acts of 'ethical anarchy' in order to break the constraints of success and renew their organizations. (Includes 60 pp. of notes, b i b i o g r a p h y and index.) All the above s h o u l d also be read in conduction with Simplicity Wins: How
Germany's Mid-sized Industrial Companies Succeed, GUNTER ROMMEL, JURGEN KLUGE, ROLF-DIETER KEMPIS, RAIMUND DIEDERICHS and FELIX BRUCK, Harvard Business School Press (1995), 214 pp., £20.95. Authors are partners in McKinsey & C o m p a n y ' s Tokyo, Munich, Dusseldorf and Vienna offices. Full of valuable advice; but surprisingly no discussion of the importance of learning. A thorough discussion
The Estimate Directory--UK, The Estimate Directory Ltd (1995), 704 pp., monthly, annual subscription £495.00. The collection of equity forecast data w o u l d be invaluable for anyone involved in attempting to evaluate the future prospects of 1250 public quoted UK companies capitalized over £10 million. Also available on disk, at a price subject to negotiation d e p e n d ing on markets covered and level of access. Other v o l u m e s cover Continental Europe, Emerging Markets, Japan and Pacific Basin. The measurem e n t of the performance of one, increasingly important, aspect of (UK) p e n s i o n funds is c o n t a i n e d in AVC 95: Survey Results, Watson Wyatt (1995), 24 pp., £95.00. A n o t h e r useful performance related p u b l i c a t i o n is the 19 papers in Measures for Success in the Public Sector, edited by PETER M. JACKSON, CIPFA/Public Finance Foundation (1995), 158 pp., £25.00. Essential reading for all public sector managers. Some of the more general issues associated w i t h u n d e r s t a n d i n g h o w the external e n v i r o n m e n t of companies influences their performance are c o n s i d e r e d (academically) The Performance of Companies, STEPHEN NICKBook Reviews and Review Briefs
ELL, Blackwell (1995), 118 pp., £25.00. (One conclusion: "Perhaps surprisingly, the evidence suggests that group based r e w a r d systems have a bigger positive impact on p r o d u c t i v i t y than i n d i v i d u a l - b a s e d systems.")
be given a greater global perspective. Other global perspectives are reflected in Corporate Governance in Tran-
sitional Economies: Insider Control and the Role of Banks, edited by MASAHIKO AOKI and HYUNG-KI KIM, W o r l d Bank (1995), 467 pp., $30.00; Workers
in an Integrating World: World Development Report 1995, W o r l d Bank/ The Strategic Role of Marketing: Understanding why Marketing should be Central to your Business Strategy, ADRIAN DAVIES, McGraw-Hill (1995), 205 pp., £22.95. Emphasizes the i m p o r t a n c e of a harm o n i o u s partnership between marketing and effective strategic l e a d e r s h i p to p r o d u c e strategies that will achieve outstanding organizational results. A n i m p o r t a n t message (well presented) that cannot be over emphasized. A similar theme is effectively covered in Marketing Management & Strategy, PETER DOYLE, Prentice Hall (1994), 410 pp., £21.95. A useful collection of 21 classical marketing papers is contained in Marketing Strategy, e d i t e d by DALE LITTLER and DOMINIC WILSON, Butterworth Hein e m a n n (1995), 389 pp., £19.99. The changing nature of (UK) c o n s u m e r buying patterns are considered in The Rich and the Poor in Britain, Mintel (1995), £895.
Ownership and Control: Rethinking Corporate Governance for the Twentyfirst Century, MARGARETM. BLAIR, The Brookings Institution (1995), 371 pp., $42.95 (hb), $18.95 (sb). Reviews h o w the institutional arrangements for the governance of public corporations in the US are s u p p o s e d to work, in theory and by law, as well as laying out the economic rationale for these arrangements. Presents a conceptual framework for thinking about h o w the Corporate Governance systems in the US must evolve for long-term wealth creation. Emphasizes the n e e d to consider the interests of all stakeholders, if long-term survival is important. Similar to the theme of Tom orro w' s Comp any: the Role orb u siness in a Changing World, RSA Inquiry (1995), 33 pp., £25.00. In view of the increased internationalization of business (and life) all these issues n e e d to
Oxford University Press (1995), 251 pp., $20.00; Global Economic Prospects and the Developing Countries, World Bank (1995), 102 pp., $13.00.
Creative Destuction: a Six-stage Process for Transforming the Organization, RICHARD L. NOLAN and DAVID C. CROSON, Harvard Business School Press (1994), 259 pp., £22.50. Develops a set of 20 m a n a g e m e n t principles to provide the s o u n d foundation on w h i c h to b u i l d a n e t w o r k organization for the 1990s and beyond. These are then integrated into a six-stage process for managing the transformation from the old set of industrial economic structure to the new. A similar theme is reflected, but from a different perspective, in Corporate Restructuring:
Managing the Change Process from Within, GORDON DONALDSON, Harvard Business School Press (1994), 227 pp., £25.95. Both are essential reading. Not all the points are new, but success comes from their effective integration and failure comes from the weakest link. A n o t h e r a p p r o a c h is taken by
Crisis and Renewal: Meeting the Challenge of Organizational Change, DAVID K. HURST, Harvard Business School Press (1995), 229 pp., $24.95. Argues there are times w h e n mangers must deliberately by committing acts of 'ethical anarchy' in order to break the constraints of success and renew their organizations. (Includes 60 pp. of notes, b i b i o g r a p h y and index.) All the above s h o u l d also be read in conduction with Simplicity Wins: How
Germany's Mid-sized Industrial Companies Succeed, GUNTER ROMMEL, JURGEN KLUGE, ROLF-DIETER KEMPIS, RAIMUND DIEDERICHS and FELIX BRUCK, Harvard Business School Press (1995), 214 pp., £20.95. Authors are partners in McKinsey & C o m p a n y ' s Tokyo, Munich, Dusseldorf and Vienna offices. Full of valuable advice; but surprisingly no discussion of the importance of learning. A thorough discussion