Showing results by author "Amar Bhide" in All Categories

Entrepreneurship is more popular than ever: courses are full, policymakers emphasize new ventures, managers yearn to go off on their own. Would-be founders often misplace their energies, however. Believing in a "big money" model of entrepreneurship, they spend a lot of time trying to attract investors instead of using wits and hustle to get their ideas off the ground.

Rules that restrict information required in negotiating private transactions have spurred a vast increase in the type of anonymous financial markets, particularly in the United States. The subtle costs of the information restricting rules raise questions about the social value of competing anonymous markets that would not naturally survive and did not historically exist.

The work describes how to create and use practical knowledge to create innovative products and services, attract customers, and deal with all the necessary elements to do so. It gives examples from the evolution of the airplane and shoe markets.

The age of competitive strategy may be past. Sophisticated managers are learning that handsome returns come directly from superior strategic execution - not strategic planning. Their method: hustle and get it right.