Failure Management & Success Management
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This study was conducted mainly on cases in the field of enterprise management, but we believe that the framework of failure management and success management will be applicable in various fields of individuals and society. We hope this book will be a small reference for those who pursue ‘dynamic sustainability through paradoxes.’
작가정보
Junesoo Lee is an Associate Professor at the KDI School of Public Policy and Management, in charge of the Dynamic Sustainability Laboratory (DS Lab). He received his PhD in Public Administration and Policy from the State University of New York at Albany.His research focuses on failure management and success management in the paradoxical contexts where systems can be sustained by beneficial failure and also challenged by harmful success.
Paul Miesing is the State University of New York at Albany Emeritus Professor and the Founding Director of its Center for Advancement and Understanding of Social Enterprises (CAUSE). He received his PhD in Strategic Management from the University of Colorado at Boulder. His current research interests are in social entrepreneurship, environmental sustainability, and corporate governance. He has published dozens of articles and papers in both academic and practitioner journals, most recently co-editing K. Briar-Lawson, P. Miesing, & B.M. Ramos (eds.), Social Entrepreneurship and Enterprises in Economic and Social Development (Oxford University Press, 2020). Prof. Miesing was a Fulbright lecturer at Fudan University in Shanghai, has won numerous awards and recognitions, and served on several peer review boards.
Seung-Joo Lee is a Professor at the KDI School of Public Policy and Management and Associate Dean of the Center for International Cooperation and Capacity Building. He received his DBA from Harvard University and worked at McKinsey & Co. as a management consultant. He conducts research on global megatrends and teaches in the areas of strategic management, entrepreneurship, and leadership.
Kwon Jung is a Professor at the KDI School of Public Policy and Management and Associate Dean of the Office of Academic and Students Affairs. He received his Ph.D. in Marketing at the University of Illinois at Urbana-Champaign. His research interest lies in understanding consumer behaviors in both private and public sectors and sustainable business strategy.
목차
- Table of contents
CHAPTER 01
How entrepreneurs can benefit from failure management Junesoo Lee, Paul Miesing
BENEFITING FROM BUSINESS FAILURES 1
Why We Learn from Failure _2
How We Learn from Failure _3
What We Learn from Failure—A Retrospective View _4
How We Use Failure—A Prospective View _5
TOWARD FAILURE MANAGEMENT 6
A FRAMEWORK FOR FAILURE MANAGEMENT 8
Definitions and Concepts _8
Propositions _10
FAILURE MANAGEMENT VS. OTHER MANAGEMENT TOOLS 22
CONCLUSION 23
SELECTED BIBLIOGRAPHY _25
Appendix A. Failure management propositions 28
Appendix B. Risk, crisis, and failure/success _29
CHAPTER 02
Making hindsight foresight: Strategies and preparedness of
failure management Junesoo Lee
INTRODUCTION OF FAILURE MANAGEMENT 31
ABOVE AND BEYOND FAILURE MANAGEMENT 32
Q1. WHAT STRATEGIES CAN WE CREATE TO USE FAILURE
RETROSPECTIVELY AND PROSPECTIVELY? 34
Factor One: How Do We Respond to Failure? _34
Factor Two: What Opportunities Do We Get from Failure? _35
Spectrum of Retrospective and Prospective Strategies of Failure Management _38
Four Strategic Options for Dealing with Failure _39
Q2. HOW CAN WE ASSESS HOW WELL WE ARE PREPARED TO
USE FAILURE? 44
Five Common Stages for Learning through Failure _45
Factor One: Do We Anticipate Failure in Advance? _46
Factor Two: Are We Aware of the Benefit of Failure in Advance? _47
Three Types of Preparedness of Failure Management _47
Contexts in Which the Three Types of Preparedness are Used _52
FAILURE MANAGEMENT: WORKING WITH A BLESSING IN DISGUISE 54
SELECTED BIBLIOGRAPHY _56
CHAPTER 03
Success management: Dynamic sustainability beyond harms of success Junesoo Lee, Seung-Joo Lee
SUCCESS, AN IMPEDIMENT TO SUSTAINABLE MANAGEMENT 59
HARMS OF SUCCESS I: INTERNAL DECISION-MAKING BIAS 60
Cognition _61
Aiming _63
Reasoning, Attribution _64
Internal Network _66
Investment _68
HARMS OF SUCCESS II: EXTERNAL BACKFIRE 71
Customers _71
Intermediaries (suppliers, partners) _72
The General Public _73
Adversaries (regulators, competitors) _74
TOWARD REMEDYING THE HARMS OF SUCCESS 75
Organization-based Objectives of SM _76
NOUNS of Organization-based Management : Strategy and Validation (S&V) _77
ADJECTIVES of Organization-based Management : Characteristics/Directions of S&V _78
SUCCESS MANAGEMENT THROUGH FAILURE MANAGEMENT 88
SELECTED BIBLIOGRAPHY _91
CHAPTER 04
Balanced SWOT: Revisiting SWOT analysis through failure management and success management Junesoo Lee, Seung-Joo Lee, Kwon Jung
REVISITING SWOT ANALYSIS 93
FAILURE MANAGEMENT & SUCCESS MANAGEMENT 95
Failure Management (FM) _96
Success Management (SM) _99
MAKING SWOT ANALYSIS BALANCED THROUGH FM & SM 102
FAILURE MANAGEMENT & BALANCED SWOT ANALYSIS 103
Dealing with the Positive Impacts of Failure _103
Case 1: iPhone 4S _105
Case 2: Post-it Notes _106
Case 3: Space Race _107
Case 4: Judo Management _109
SUCCESS MANAGEMENT & BALANCED SWOT ANALYSIS 111
Dealing with the Negative Impacts of Success _111
Case 1: CVS _112
Case 2: Tesla _113
Case 3: Costco _115
Case 4: Winston Churchill _116
BALANCED SWOT ANALYSIS FOR WINDOW OF OPPORTUNITY 118
SELECTED BIBLIOGRAPHY 120
Epilogue in the era of COVID-19 _121
Index _125
기본정보
ISBN | 9781635190311 ( 1635190312 ) |
---|---|
발행(출시)일자 | 2021년 08월 10일 |
쪽수 | 144쪽 |
총권수 | 1권 |
언어 | 영어 |
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