Authors:
- Provides valuable insights on how to be an effective capital creator – the world’s number one game
- Lays out how to build a well-defined and shared understanding of an organization’s capital creation system which is a necessary first step to strategic planning and digital transformation
- Explains the five fundamental systems for creating and maintaining six type of capital and how these should be the focus of any digital transformation effort
Part of the book series: Management for Professionals (MANAGPROF)
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Table of contents (15 chapters)
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Front Matter
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Capital Creation Systems
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Front Matter
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Capital Creation Mechanisms
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Front Matter
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Capital and Systems Measurement
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Front Matter
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Back Matter
About this book
This book provides a set of integrated frameworks—capital, systems, and objects—that transcend managerial or technology hype by focusing on the long-term fundamentals that sustain organizational success. Many organizations are currently addressing two important transformational issues: ecological sustainability and digitization. Sustainability is a goal, an end, and digitization is a process, a means to achieve a goal. This book introduces a flexible model that can be applied to current and future organizational challenges, including sustainability and digitization, because the fundamentals are constant.
This book is designed to serve two purposes for the readers: first, to present three conceptual foundations for designing and operating organizations (capital, systems, and objects in Part I); and second, to provide a reference source for implementing these ideas in an organization (Parts II and III). The Part I of the book, chapters 1 through 7, sets forth the conceptual foundations. The chapters mix concepts and practical examples to give a new way of thinking about the setting in which one may work many days each year. The Part II provides details and associated examples of every one of the thirty-six forms of capital conversion. It also illustrates how the five foundational systems support capital conversion in a variety of ways. Finally, the Part III is about measuring capital and systems.
The book will resonate with practitioners and students of strategy, leadership, and organizational design. It is critical reading for leaders, industry experts, and general readers who want to understand how over thousands of years the capital creation system has developed today’s world and will fashion its future.
Authors and Affiliations
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Department of Management Information Systems, University of Georgia, Athens, USA
Richard Thomas Watson
About the author
Richard Watson is a Regents Professor and the J. Rex Fuqua Distinguished Chair for Internet Strategy in the Terry College of Business at the University of Georgia. In 2011, he received the Association for Information Systems' LEO award for exceptional lifetime achievement in Information Systems. The University of Liechtenstein has established with government support a Consortium for Digital Capital Creation based on the ideas in this book.
Bibliographic Information
Book Title: Capital, Systems, and Objects
Book Subtitle: The Foundation and Future of Organizations
Authors: Richard Thomas Watson
Series Title: Management for Professionals
DOI: https://doi.org/10.1007/978-981-15-9418-2
Publisher: Springer Singapore
eBook Packages: Business and Management, Business and Management (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd. 2021
Hardcover ISBN: 978-981-15-9417-5Published: 02 December 2020
Softcover ISBN: 978-981-15-9420-5Published: 03 December 2021
eBook ISBN: 978-981-15-9418-2Published: 01 December 2020
Series ISSN: 2192-8096
Series E-ISSN: 2192-810X
Edition Number: 1
Number of Pages: XXI, 234
Number of Illustrations: 1 b/w illustrations, 27 illustrations in colour
Additional Information: Previous edition was self published and available on Amazon
Topics: Business Strategy/Leadership, Organization, International Organization, Business Information Systems, Administration, Organization and Leadership