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Growth from Chaos Developing Your Firm's Resources to Achieve Profitability without Cost Cutting
(Click to Enlarge)
Michael L. Pettus
Book Code: Q633
ISBN: 1-56720-633-6
ISBN-13: 978-1-56720-633-3
256 pages, figures, tables
Praeger Publishers
Publication: 12/30/2003
List Price: $69.95 (UK Sterling Price: £39.95)
Availability: In Stock
Media Type: Hardcover
Trim Size: 6 1/8 x 9 1/4
Subjects:
  • Endorsement From Peter Wright, Professor of Management and Holder of the Endowed Chair in Free Enerprise Management
    University of Memphis:     A must read for both academic scholars and practitioners interested in firm growth.
  • Endorsement From Erik C. Brechnitz, Senior Vice President
    MorganStanley:     Growth from Chaos is a wonderful roadmap to answering the question of what happens to industries after they privatize. It is applicable to all industries not just the transportation industry.
Description: We live in a chaotic world. Some of the chaos results from poor decision-making (e.g., Enron, Arthur Andersen, WorldCom). Yet other aspects of chaos (war, terrorist attacks, etc.) are beyond a firm's control. This book demonstrates that firm growth is more dependent on how a firm develops its resource base over time. Examining actual firm growth in several industries, with a focus on trucking, the airline industry, and the North American railroad industry, Pettus shows that a specific resource sequencing leads to higher firm growth than other sequencing patterns. This sequencing pattern is similar across transportation industries, and the pattern may be applicable to other industries. Decisions that firms make with respect to how resources are developed must balance the need for growth in the current time period with the need for growth over the long term. Firms can build sustainable growth by developing resources in a specific sequence; in essence, firms have control over their growth, even when confronted with ever-changing environmental conditions.
Table of Contents:
  • Preface
  • Acknowledgments
  • Introduction
  • Firm Growth Is a Strategic Process
  • Growth over Time Does Not Depend upon a Friendly Environment
  • A Framework for Achieving Long-Term Domestic and International Growth
  • Deregulation and Growth: An Inhibitor or and Accelerator?
  • Trucking Deregulation: Why Firms Failed
  • Trucking Deregulation: Patterns of Growth
  • The Restructuring of the U.S. Airline Industry
  • The Radical Transformation of the U.S. Railroad Industry
  • The Future of the U.S. Airline Industry
  • Patterns Generating Long-Term Growth
  • Index
LC Card Number: 2003059690
LCC Class: HD3616
Dewey Class: 338
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