Purpose: Whether they support long-term growth companies, entrepreneurial firms or turnarounds, top teams need to make bold strategic investment choices in times of boom, bust or pandemic. This paper aims to discuss firm strategies, as evidenced by their investment choices, over a 21-year...

Purpose: As a professor of strategic management and as a consultant to organizations on strategy and change, the author focused on the activities that are necessary for leaders to create effective strategy and to execute successfully. The author has also been responsible for equipping the...

Purpose: The purpose of this paper is to present a viewpoint on aligning strategy and execution to produce superior business results. Design/methodology/approach: The paper examines the long-term financials of the top ten growers to reveal companies that have continued to grow in good economic...

The Theory of the Growth of the Firm proposed a process theory of growth based on the pursuit of knowledge and unconstrained by government, hence applicable only to an economy where the corporation is the dominant form of industrial organization. In her subsequent studies of foreign direct...

I examine two competing proposals for reforming and reviving confidence in the international monetary regime. Robert Triffin introduced and championed the proposal for centralized reserves. Fritz Machlup championed the proposal for flexible rates originally introduced by Milton Friedman. Triffin...

This paper explores the influence of Fritz Machlup and the Bellagio Group on world monetary reform. After an examination of the literature, the paper addresses research into MachlupÕs framing of the problem of world monetary reform, his method, his selection of economists to join the Bellagio...

Nearly a half-century before the financial crisis of 2008, there was another time when reforming the world monetary system was on everyone’s lips and many academics and policy makers were developing and attempting to promote plans for its reconstruction before illiquidity, speculation and loss...