2003 Faculty Publications

DEC is Dead, Long Live DEC: The Lasting Legacy of Digital Equipment Corporation
by Edgar H. Schein, editor
Berrett-Koehler, 2003
Schein collects the wisdom of insiders from Digital Equipment Corporation who analyze the culture of innovation that drove DEC to the top and examine how the company was created, how it evolved, and why it ultimately collapsed.

Fortune Favors the Bold: What We Must Do to Build a New and Lasting Global Prosperity
by Lester C. Thurow
HarperBusiness, 2003
Thurow believes that we are at a critical crossroads in the development of the global economy. We can sit back and let it grow at will, or we can seize the moment and build economic systems that will minimize instability, allow second and third world countries to thrive, and protect and enhance first world interests.

Fundamentals of Corporate Finance Alternate Edition w/Student CD ROM + PowerWeb +S&P+ Student Problem Manual + Excel Tutor CD+ Grade Summit Demo/sample
by Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan
McGraw-Hill/Irwin, 2003
The Alternate Edition of this definitive corporate finance textbook includes additional chapters on four advanced topics: Risk Management; An Introduction to Financial Engineering; Option Valuation; Mergers and Acquisitions, and Leasing.

Gathering Power: The Future of Progressive Politics in America
by Paul Osterman
Beacon Press, 2003
Osterman argues that political change lies not in crafting a better message to beam from Washington but rather in effective local action. Gathering Power explores the most successful and promising organization to enable local activism and strengthen our democracy: the Industrial Areas Foundation (IAF).

Inventing the Organizations of the 21st Century
Edited by Thomas W. Malone, Robert Laubacher, Michael S. Scott Morton
The MIT Press, 2003
This much-awaited volume reports on a five-year multidisciplinary research initiative conducted by MIT Sloan and sponsored by leading international corporations. The book outlines the outcome of the goals of the initiative: to understand the way we work, invent new ways of working, and put those innovations into practice.

Organizing Business Knowledge: The MIT Process Handbook
Edited by Thomas W. Malone, Kevin Crowston, and George A. Herman
The MIT Press, 2003
A multidisciplinary research group at MIT Sloan worked for more than a decade to create a systematic and powerful method of organizing and sharing business knowledge. Their findings have been compiled into this landmark volume that proposes a set of fundamental concepts to guide analysis and a classification framework for organizing knowledge, including templates, cases, and software tools.

Product Design and Development
by Steven D. Eppinger and Karl T. Ulrich
McGraw-Hill/Irwin, 2003
Ulrich and Eppinger present a set of product development techniques aimed at bringing together marketing, design, and manufacturing functions. The integrative methods in the book facilitate problem solving and decision making among people with different disciplinary perspectives, reflecting the current industry trend to perform product design and development in cross-functional teams.

Smart Globalization: Designing Global Strategies, Creating Global Networks
by Anil K. Gupta and D. Eleanor Westney (editors)
Jossey-Bass, 2003
The latest volume in the MIT Sloan Management Review Book Series is a compendium of leading-edge thinking on global strategy. The central premise of the book is that globalization can be a double-edged sword, and the essays here explore both the benefits and the risks.