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New Director Dilemmas - Pushing Senior Management
by Suraj Srinivasan Amram Migdal David G. FubiniThis case explores a new board director who wants more detail from the management team than his fellow directors are willing to press for. New board director Sam Pesca is frustrated that CFO Alex Marotta provides only a minimal two-page financial summary at board meetings, despite Pesca's requests for more comprehensive information. The other directors object to pressing Marotta for more detail, and young CEO R.J. Oscott asks Pesca to refrain from pressing the CFO. This case is part of a series of vignettes that capture different dilemmas faced by directors as they join boards of companies and understand the dynamics of the new boards that they join.
New Director Dilemmas - Sharing Expertise
by Suraj Srinivasan Amram Migdal David G. FubiniThis case focuses on a new director who was invited to the board specifically due to her expertise in a technical area. The case allows for discussion of the board director's appropriate role: to advise and direct management, or to ask thoughtful questions about proposed approaches and outline the inherent risks in recommended approaches so that management can "own" the issue and the solutions. This case is part of a series of vignettes that capture different dilemmas faced by directors as they join boards of companies and understand the dynamics of the new boards that they join.
New Drugs, Fair Prices: Managing the Pharmaceutical Innovation Ecosystem for Sustainable and Affordable New Medicines
by Brian D. SmithNew Drugs, Fair Prices addresses the important question of how we might get the innovative new medicines we need at prices we can afford. Today, this debate is impassioned but sterile. One side calls for price controls, discounting their impact on investment in innovation. The other points to miraculous new therapies, disregarding their affordability and social inequity. This polarized argument creates more heat than light, threatening the social contract between the industry and society on which pharmaceutical innovation depends. This ground-breaking book takes a wholly new perspective on the issue and raises the debate to a more informed and productive level. Drawing on interviews with more than 70 experts across the pharmaceutical innovation world and combining a diverse literature from scientific, political, economic and business domains, it describes how a sustainable and affordable supply of new medicines is possible only by balancing pharmaceutical innovation’s complex, adaptive ecosystem. By considering how each of the ecosystem’s seven habitats work and interact with the others, it makes a comprehensive set of recommendations for achieving that ecosystem balance. The core message of New Drugs, Fair Prices is important to anyone who ever has needed or will ever need a medicine: we can have a sustainable supply of new medicines that are both innovative and affordable if we manage the pharmaceutical innovation ecosystem intelligently.
New Drugs: An insider's Guide to the FDA's New Drug Approval Process for Scientists, Investors and Patients
by Lawrence T. FriedhoffDrug development, the processes by which a chemical compound becomes a “drug” and is approved for sale by the FDA and European and Asian regulators, is not for the faint-of-heart or the shortsighted. Designing and monitoring studies, obtaining and analyzing scientific data, and reconciling clinical results against the ethical constraints and regulatory guidelines of government agencies, requires a complex interaction of in-house specialists and academic and commercial consultants worldwide. Scientific, technical, and tactical considerations play out in an environment where a balance must be struck between the often-competing interests of the corporation, its investors, government regulators, and the safety and well being of intended patients. All the while, dwindling patent protections impose an ever-contracting timeframe for success. Written to be accessible to a wide audience, NEW DRUGS provides a thorough, succinct, and practical understanding of these drug-development processes. If you’re involved in the pharmaceutical industry, NEW DRUGS will provide scientific and management tools to increase the likelihood of regulatory approval at each phase of your compound’s development. If you’re a patient or consumer, NEW DRUGS will enable you to intelligently discuss medications with your health-care provider and empower you to make informed decisions at the pharmacy. If your portfolio, rather than your health, makes you an interested observer of the fortunes of this critical sector of the US economy, NEW DRUGS will help you to decode press releases and annual reports, so that you can recognize and invest in well-run companies with promising products.
New Dynamics in Banking and Finance: 5th International Conference on Banking and Finance Perspectives, Famagusta, Cyprus (Springer Proceedings in Business and Economics)
by Nesrin Özataç Korhan K. Gökmenoğlu Bezhan RustamovThis volume presents current developments in the fields of banking and finance from an international perspective. Featuring contributions from the 5th International Conference on Banking and Finance Perspectives (ICBFP), this volume serves as a valuable forum for discussing current issues and trends in the banking and financial sectors, especially in light of the global economic challenges triggered by financial institutions. Using the latest theoretical models, new perspectives are brought to topics such as the global financial markets, international banking and finance, microfinance, fintech, and corporate finance.Offering an opportunity to explore the challenges of a rapidly changing industry, this volume will be of interest to academics, policy makers, and scholars in the fields of banking, insurance, and finance.
New Earth Mining, Inc.
by Wei Wang William E. FruhanNew Earth Mining is one of the largest producers of precious metals in the U.S. While the firm operates mines primarily in the U.S. and Canada, it has also made substantial investments in gold exploration projects in Australia and Chile. New Earth has been very successful and has a large amount of cash on the balance sheet, a simple debt structure, and a reasonable leverage ratio with liquidity risk. With a strong financial position, the firm considers reducing its dependence on precious metals by diversifying into base metals and other minerals. An investment opportunity for mining iron ore in South Africa looks promising but still carries substantial risk. A high risk of civil war in neighboring countries along with strong fears that the South African government will nationalize mining operations combine to create an unstable political environment. The tentative financing package is complex and creates challenges for determining a value for the project. Students must complete a quantitative analysis of 4 proposals with different valuation methods before making a final recommendation.
New Earth Mining, Inc.
by Wei Wang William E. FruhanNew Earth Mining is one of the largest producers of precious metals in the U.S. While the firm operates mines primarily in the U.S. and Canada, it has also made substantial investments in gold exploration projects in Australia and Chile. New Earth has been very successful and has a large amount of cash on the balance sheet, a simple debt structure, and a reasonable leverage ratio with liquidity risk. With a strong financial position, the firm considers reducing its dependence on precious metals by diversifying into base metals and other minerals. An investment opportunity for mining iron ore in South Africa looks promising but still carries substantial risk. A high risk of civil war in neighboring countries along with strong fears that the South African government will nationalize mining operations combine to create an unstable political environment. The tentative financing package is complex and creates challenges for determining a value for the project. Students must complete a quantitative analysis of 4 proposals with different valuation methods before making a final recommendation.
New East Asian Economic Development: The Interaction of Capitalism and Socialism
by Lily Xiao LeeThis text documents the economic development of East Asian countries in order to highlight the beneficial techniques used to increase growth. Socialist and capitalist structures are discussed, complete with an analysis of the future extent of interaction between East Asian countries.
New Economic Engine: Effective Government and Efficient Market (China Academic Library)
by Yunxian ChenThis book contains at least three main highlights: breaking through the limitations of the mainstream Western economics system and the market theory framework, correctly explaining the successful experience of China’s reform and opening up over the past 40 years from an economic perspective, and developing a new economics system and market theory. China’s reform and opening up and innovative developments have provided a wide range of materials and resources for this theory; the results of this research will be integrated into world economic theories and serve the economic development and economic growth across the world.
New Economic Spaces: New Economic Geographies (Dynamics Of Economic Space Ser.)
by James W. HarringtonAs a core volume in the Dynamics of Economic Space series, contributors from North America, Australasia, Europe and the Middle East each address the constitutive processes of new economic and institutional spaces and the theoretical, methodological and policy-engaging practices of emerging economic geographies. Together, they provide a timely and important overview of the current debates about the geographies of economic change. As national and regional economies change rapidly, so the frameworks, concepts and methods used to describe and analyse those processes also need to evolve. This volume puts forward a comprehensive analysis of a range of different and innovative means currently available, through which to view regional economic activities and interactions.
New Economic Statecraft: China, the United States and the European Union (Routledge Frontiers of Political Economy)
by Zhang XiaotongThis book provides insights on the art of governing a state and managing its external relations from a wealth-power logic. It looks at "economic statecraft", which consists of wealth production, wealth mobilization, and wealth-power conversion by a state. This book reconceptualizes what economic statecraft is and proposes a new theory focused on wealth-power conversion. With a long historic perspective, this book goes through the modern history of Western powers practicing economic statecraft since 1500, and presents three case studies, the United States, the European Union, and China, the three biggest users of economic statecraft in the contemporary world. The book serves as an ideal reference for policy makers, businesspeople, and researchers whose work touch upon either wealth creation, power projection, or the combination of both.
New Economic Theory: How Reality Surpasses Our Theoretical Models
by Vinzenz von HolleThe standard economic theory, despite its many advantages, has a significant weakness: it is only of limited applicability to the economic reality of practice. Therefore, the book presents a new economic theory that is completely oriented towards the reality of economic practice. In this new theory, human beings are not just actors but constitute the central element from which the theory and everything else derive: work, production, consumption, demand, supply, exchange, trade, markets, stock exchanges, money, state economics, and global economics with all their complexities. Unlike the standard model, the new theory employs a holistic approach in its methodology. With this new and differentiated economic perspective and mindset, the new theory is capable of initiating a paradigm shift in the discipline of economics.
New Economic Thinking and Real Estate
by Danny MyersNew Economic Thinking and Real Estate offers a modern and distinctive approach to forecasting and understanding property markets. With this book, students will develop an intuitive ability to interpret economic indicators and acquire the confidence to assess property markets. The book is divided into three parts: Part A: Resource choices - deals with microeconomics; Part B: Financial Systems - seeks to make sense of the macroeconomic scene and Part C: Measuring and Forecasting.
New Economics as Mainstream Economics
by Philip ArestisThis volume deals with both a new theoretical framework and the capability of new economics to tackle a number of economic problems. It offers detailed analysis and informed comment on the type of new economics emerging in the aftermath of the financial crisis and the 'great recession'.
New Economies for Sustainability: Limits and Potentials for Possible Futures (Ethical Economy #59)
by Luise Li LangergaardThe edited volume New Economies for Sustainability: Limits and Potentials for Possible Futures brings together a range of alternative views on economy and organization to illustrate different perspectives on how to work towards more sustainable solutions to production, consumptions and economic organization more generally. The book brings chapters from the most renowned scholars in the field, who bring their perspectives on how alternative schools theorize politics, society, organization, nature and ethics in their attempts to develop theories with a strong focus on sustainability. The book aims to contribute with a platform for gathering and collecting these theories in a pluralist economic framework, which can provide a strong alternative voice to mainstream economic theories in sustainability debates.
New Economy, New Myth (Routledge Studies In Contemporary Political Economy Ser.)
by Jean GadreyThe 'new economy' has been criticised greatly of late, and after the speculation and hype that surrounded the internet bubble, this is hardly surprising. This book, first published in French and updated here, however treats the 'new economy' as a discourse - one that is often misleading. In order to understand what happened during the internet bubb
New Education Policy, Sustainable Development and Nation Building: Perspectives, Issues and Challenges
by Manish K. VermaThe book provides a comprehensive account of the linkages between education, sustainable development, and nation-building from an interdisciplinary perspective. It examines various theories of education and sustainable development and critically explores the origin, evolution, and contours of education in India through the lens of the current policy debates around the Indian educational system. The book also investigates to what extent the New Educational Policy deliberations can be instrumental for the nation’s development, as well as be an effective tool for devising sustainable solutions, including the new challenges posed by climate change.An important blueprint of higher education policy and planning, the book will be indispensable for teachers, students, and researchers of education, public policy, educational studies, development studies, sustainable development, sociology, history, and political studies. It will also be of immense interest to policymakers, development practitioners, and NGOs.
New Energy
by Caineng ZouThis book comprehensively and systematically introduces the principles, key technologies and main types of new energy utilization based on the analysis and prospect of global energy development trend and energy transformation law. Starting from the basic law of energy development, this book points out the inevitability of the development of fossil energy to non-fossil new energy, expounds scientifically and prospectively the importance of developing new energy to conform to the law of energy development and to ensure national energy security, introduces in detail various new energy technologies, summarizes the new strategies of traditional energy companies, and expounds respectively current situation and application prospect. The book is divided into four parts. The first one is "Energy Trend" includes the law of energy development, world energy layout and energy development trend. The second part, "New Energy Revolution", includes revolutionary energy technology and energy Internet technology. The third part is "New Strategies of Traditional Energy Companies", which includes the new energy distribution of oil companies and coal-fired power companies. Part IV "New Energy Theories", includes hydrogen energy, energy storage and new materials, geothermal, nuclear energy, wind and tide and other new energy sources.
New Engagement Strategies for Energy Justice: Perspectives from the Next Generation (Just Transitions)
by Alicia Phillips Laura KaschnyThis book offers an innovative exploration of energy justice, from concept to action, highlighting its role as a crucial tool for navigating the complexities of a just and sustainable energy transition. The book is timely and as the global energy transition rapidly progresses, it will serve as an essential resource, offering practical guidance to advancing a just and sustainable energy future. The perspectives presented in this book are presented by early career energy justice scholars from around the world, each highlighting and proposing ways to navigate the transition. The discussion focuses on three key themes: the integration and repurposing of energy infrastructures with the use of technology, the need for affordable and accessible energy services, and the promotion of responsible governance through effective policymaking and corporate social responsibility. At the heart of this book is the presentation of the ‘Toolkit to Achieve the Just Transition using the Energy Justice Framework’.
New England Baptist Hospital: Getting Paid for Value
by Robert S. Kaplan Mary L. Witkowski Syed S. Shehab Toby E. EmanuelCase
New England Patriots: Making the Team
by Aaron M.G. Zimmerman Nancy Dean BeaulieuExamines the organizational strategy of a professional football team that contributed to the team's sustained success. Considers several aspects of the team's "blueprint" with respect to players: recruitment, retention, task structure, training, culture, and compensation. Presents opportunities to explore: the potential complementarities between multiple human resources systems, the role of intrinsic motivation and extrinsic incentives, whether star players are incompatible with well-functioning teams, and the establishment and maintenance of a culture that reinforces goal alignment.
New Enterprises: A Start-Up Case Book (Routledge Revivals)
by Sue BirleyA constant growth of new small firms is an important part of a healthy economy, yet little is known about the factors which determine success or failure in a small business. Success is concerned not only with the development of a product and its market but, more importantly, with the individual behind it. There are very few completely new ideas or products to guarantee success; therefore, the person seeking to start their own business must assemble customers and resources themselves before they start trading. The cases outlined here are all based on actual experience, and explore the issues and problems facing would-be entrepreneurs. They offer step-by-step advice on the processes involved in starting a small business and demonstrate the wide range of business opportunities available. First published in 1982, this is a detailed and practical guide, particularly applicable to those who find the idea of establishing a small business of their own appealing.
New Environment for Business Models
by Henry ChesbroughA new class of innovation markets is emerging, creating the beginnings of a secondary market for innovations and associated intellectual property. This chapter explores the rapidly changing world surrounding companies in knowledge-intensive industries, and the new challenges and new opportunities for managing innovation that have arisen.
New Ergonomics Perspective: Selected papers of the 10th Pan-Pacific Conference on Ergonomics, Tokyo, Japan, 25-28 August 2014
by Sakae YamamotoNew Ergonomics Perspective represents a selection of the papers presented at the 10th Pan-Pacifi c Conference on Ergonomics (PPCOE), held in Tokyo, Japan, August 25-28, 2014.The first Pan-Pacific Conference on Occupational Ergonomics was held in 1990 at the University of Occupational and Environmental Health, Japan. The main theme of the PPCOE 1990
New Essays on Pareto's Economic Theory (Routledge Studies in the History of Economics)
by Luigino Bruni Aldo MontesanoPareto's Manual of Political Economy, first published in 1905, introduced the analytical approach which has characterised a significant part of twentieth century economic theory. In particular, the Manual examined the ordinal representation of the individual choice, the issue of the general economic equilibrium and the Pareto optimality criterion for evaluating economic efficiency. The Manual also contained analyses of production, non-linear prices, non-competitive markets and the competition process, which have not yet been fully developed in modern mainstream economics. Based on Pareto’s groundbreaking ‘Manuale di Economia Politica’, this edited collection brings together a selection of essays from some of the most authoritative scholars of Pareto, who discuss the relevance of Pareto’s economics in the context of the present theoretical debate.