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.
eBook - PDF
Growth from Chaos
Developing Your Firm's Resources to Achieve Profitability without Cost Cutting
- 256 pages
- English
- PDF
- Available on iOS & Android
eBook - PDF
Growth from Chaos
Developing Your Firm's Resources to Achieve Profitability without Cost Cutting
Table of contents
- Contents
- Preface
- Acknowledgments
- Introduction
- 1 Firm Growth Is a Strategic Process
- 2 Growth over Time Does Not Depend upon a Friendly Environment
- 3 A Framework for Achieving Long-Term Domestic and International Growth
- 4 Deregulation and Growth: An Inhibitor or an Accelerator?
- 5 Trucking Deregulation: Why Firms Failed
- 6 Trucking Deregulation: Patterns of Growth
- 7 The Restructuring of the U.S. Airline Industry
- 8 The Radical Transformation of the U.S. Railroad Industry
- 9 The Future of the U.S. Airline Industry
- 10 Patterns Generating Long-Term Growth
- Index
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Yes, you can access Growth from Chaos by Michael Pettus in PDF and/or ePUB format, as well as other popular books in Business & Business General. We have over 1.5 million books available in our catalogue for you to explore.