In this work the tools of economic analysis are applied to organizational architecture. The work examines how managers can design organizations to motivate individuals to make choices that enhance firm value.
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Most Helpful Customer Reviews
6 of 6 people found the following review helpful:
5.0 out of 5 stars
An outstanding all-in-one guide to business management,
By Mark Babunovic (m_babunovic@compuserve.com) (London, England) - See all my reviews
This review is from: Managerial Economics and Organizational Architecture (Irwin Advantage Series for Computer Education) (Hardcover)
Besides being a well organized and example-packed textbook, I found Managerial Economics and Organizational Architecture to be a compact MBA refresher course -- and a useful reference for day-to-day problems. Thinking about business organizations as rational individuals responding to incentives and new information simply fits the facts. The three basic elements developed in this book allow managers to translate this logical thinking into operational decisions: allocating decision rights, measuring performance, and compensating individuals and groups. The power of this approach in analyzing common management problems equips the reader with a rich set of tools for identifying and solving them.
5 of 5 people found the following review helpful:
5.0 out of 5 stars
It provides a powerful analysis of organizational structure.,
By A Customer
This review is from: Managerial Economics and Organizational Architecture (Irwin Advantage Series for Computer Education) (Hardcover)
This book provides a broad, powerful, economics-based framework for examining a wide array of organizational problems--centralization vs decentralization, use of incentive compensation, establishing cost or profit centers. It is well organized, and the numerous examples from the business press help relate the analysis to practice. Because it is based on economics, it provides strong links to finance, accounting, and marketing.
10 of 13 people found the following review helpful:
4.0 out of 5 stars
Healthy Concepts,
By A Customer
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This review is from: Managerial Economics and Organizational Architecture (Irwin Advantage Series for Computer Education) (Hardcover)
I just loved the way each chapter started with a scenario from the history archives of actual firms that narrated a story which was directly linked to the contents of the chapter. Out of all the books that i read for my MBA, this book has been one of the better Management books, which i enjoyed reading. The ideas, theories and concepts in the book felt like eating a salad for lunch. It was light, easy to digest and healthy
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