Catalyst Code: The Strategies Behind the World's Most Dynamic Companies
By (Author) Richard L. Schmalensee
Harvard Business Review Press
Harvard Business Review Press
1st May 2007
United States
General
Non Fiction
658.4012
Hardback
240
In an economy where markets, consumers, and technology are ever-changing and increasingly interdependent, economic catalysts - businesses that bring together a number of groups who need each other and make it easy for them to work together - are essential. Think of the credit card industry. This trillion dollar industry brings merchants and consumers together. Google creates value for its customers, and makes billions for itself, by bringing searchers and advertisers together. Companies that do this right - and transform their pricing practices, incentive plans, and organizational structures - are today's power brokers. Of course, catalysts have been around as long as marketplaces. But now, more than ever, they drive the economy. Doing business in this world isn't for the faint of heart - but "Catalyst Code" maps it out, showing where the opportunities - and pitfalls - lie.
David S. Evans is the Vice Chairman of LECG Europe, and a visiting professor at University College in London. Richard Schmalensee is John C Head III Dean of MIY's Sloan School of Management.