Growth from Chaos: Developing Your Firm's Resources to Achieve Profitability without Cost Cutting
Michael L. Pettus, "Growth from Chaos: Developing Your Firm's Resources to Achieve Profitability without Cost Cutting"
Praeger Publishers | 2003 | ISBN: 1567206336 | 256 pages | PDF | 12,3 MB
Praeger Publishers | 2003 | ISBN: 1567206336 | 256 pages | PDF | 12,3 MB
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.
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