ABSTRACT

This introduction presents an overview of the key concepts discussed in the subsequent chapters of this book. The book deals with organizational transformation through reengineering for improving business processes, an organizing framework for the emergence of new organizational forms, and concepts and forms of bricolage in organizations which involves creative use of resources to deal with a problem. It suggests that theories of management and organization have traditionally overlooked the concept of bricolage. The book describes some unusual situations: managing global imbalances that require cooperation and commitment from all countries and one of the most important contemporary phenomena—misrepresentation or radical distortion of reality. It also suggests that the size of the US current account deficit is unprecedented, almost two-thirds of the entire global deficits. The book examines the relationships of board of directors' attributes, conflict, shared mental models to board effectiveness, controlling CEO compensation through an independent board of directors, and behaviour of actors.