Participation, productivity, and the firm's environment

Article Abstract:

While increasing worker participation in decision making can often increase productivity, it remains relatively rare in the United States. This article describes how the product, labor, and capital market conditions that firms face can work against participatory firms and why the free market may provide too little encouragement for worker participation. (Reprinted by permission of the publisher.)

Methods, Analysis, Participatory management, Industrial productivity

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Strategic issues in managing change: the turnaround at BankAmerica Corporation

Article Abstract:

BankAmerica Chairman and CEO A.W. Clausen outlines key strategies behind the corporation's dramatic turnaround in the late 1980s and suggests ways for management to maximize shareholder value and improve their firms competitive position. (Reprinted by permission of the publisher.)

Competition (Economics), Finance, Prices and rates, Stocks, Organizational change, Stock prices, BankAmerica Corp., BAC, Corporate turnarounds, Turnaround management

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