Management Innovation: Essays in the Spirit of Alfred D. Chandler, Jr.
Alfred D. Chandler, Jr. was, by general consensus, the pre-eminent business
historian of the twentieth century. Through a prodigious body of work, Chandler made the
study of the evolution of business enterprise integral to the study of the evolution of
economy and society. His work combined detailed historical investigations with grand
sociological syntheses. As a result, Chandler's study of the modern business enterprise
invited social scientists and business academics as well as historians to contribute to
our understanding of a central institution of our time.
Chandler revealed how managerial activity was central to the functioning of
successful industrial corporations, and hence to the performance of the economy as a
whole. This book gathers together contributions from management scholars fundamentally
influenced by the work of Chandler to discuss management innovation, the ways in which
people who exercise strategic control over the allocation of resources put in place
organizational structures that can enable an enterprise to prosper and grow.
The volume offers a range of perspectives to examine the challenges that
corporate management encounters.
William Lazonick is Professor in the Department of Regional Economic
and Social Development at University of Massachusetts Lowell and Director of the UMass
Lowell Center for Industrial Competitiveness. He is also affiliated with the CNRS Groupe
de Recherche en Economie Theorique et Appliquee of Universite Montesquieu Bordeaux IV. He
is the author or editor of twelve books, including Competitive Advantage of the Shop Floor
(Harvard University Press, 1990) and Business Organization and the Myth of the Market
Economy (Cambridge University Press, 1991), and some 100 academic articles.
David J. Teece is Thoma W. Tusher Professor in Global Business at the
Hass Business School, University of California, Berkeley, where he is also Director of the
Center for Global Strategy and Governance. He is listed as one of the World's Top 50
Leading Business Intellectuals by Accenture, and also listed by ScienceWatch as a top 10
scholar worldwide in economics and business for the decade 1995-2005, based on citation
counts.
Table of Contents
I. Perspectives
1. Alfred Chandler's Managerial Revolution, William
Lazonick
2. The Dynamics of Industrial Capitalism: Perspectives on Alfred Chandler's Scale and
Scope, David Teece
3. Alfred Chandler and 'Capabilities' Theories of Strategy and Management, David Teece
4. The Chandlerian Corporation and the Theory of Innovative Enterprise, William
Lazonick
II. Strategy
5. The Role of Professionals in the Chandler Paradigm, Louis Galambos
6. Management Innovation in Supply Chain: Appreciating Chandler in the Twenty-First
Century, Susan Helper and Mari Sako
7. The Decision to Make or Buy a Critical Technology: Semiconductors at Ericsson,
1980-2010, Henrik Glimstedt, Donald Bratt, and Magnus P. Karlsson
III. Organization
8. The Evolution of Science-Based Businesses: Innovating How We Innovate, Gary Pisano
9. Alfred Chandler and Knowledge Management within the Firm, David Mowery
10. The Rise and Decline of Managerial Development, Peter Cappelli
IV. Finance
11. Finance of Industrial Enterprise, Mary O'Sullivan
12. The Hand of Management in Capital Allocation, David Bardolet, Dan Lovallo, and
Richard Rumelt
336 pages, Hardcover