An important new resource for managers in marketing, finance, acquisitions analysis, and strategic planning, this book explores a question central to the financial health of every company: Is there a rate of corporate growth that is both desirable and sustainable? As the authors point out, excessive growth in sales can be as destructive to the survival of a firm as no growth. Here they present analytical models and tools that enable corporate planners to evaluate their own growth needs, target realistic expectations, and assess the collateral risks of growing either too fast or too slow. Focusing throughout on the concept of managed growth, the authors begin with a theoretical micro/macroeconomic analysis and proceed to a practical, applied presentation of growth theory in management decision making. They present models useful for both short- and long-term management, all of them illustrated with concrete data taken from corporate annual reports and SEC 10K reports. By employing these models, planners will be able to accurately forecast optimal and feasible growth rates, evaluate the impact of price fluctuations on the sustainable growth rate, isolate the effects of productivity trends, plan working capital requirements, determine the most favorable capital structure of the firm, and measure the impact of potential mergers or takeovers on sustainable growth. Each of the models can easily be programmed for computer usage. The authors also pay considerable attention to remedial actions that can be taken when the actual growth rate either exceeds or falls short of the sustainable growth rate, making this an especially practical tool for anyone charged with financial, sales, and strategic planning responsibilities.
There are plenty of books in this world which will tell you what is wrong with this world. There are fewer books which will tell you what needs to be done to save it and our civilisation from self-destruction. And there are few indeed which tell you exactly how to go about achieving a sweeping overhaul of an entire society.
This little Manifesto is the result of four years of discussion by a group of students reading for their undergraduate degrees at the ancient and elite University of St. Andrews. It is the distillation of the main recommendations of a five hundred thousand word book manuscript called Freeing Growth: Volume 1 which assumes that if we are screwed as the evidence would suggest, then an authoritarian regime is highly likely to be enacted by a panicking population as billions starve, floods of refugees hit our shores, and the price of oil, fresh water and raw materials skyrocket.
If an authoritarian regime is therefore likely inevitable, we asked what is the best form of authoritarianism? What measures would deliver rapid, long term sustainable economic growth? Who should be allowed civil liberties and who ought to be repressed? How do we go about restoring our relationship with God to the centre of our economy? What should be done about the old? Indeed, what should be done about the children?
This Manifesto presents an integrated, holistic, and technology centred set of proposals based on non-orthodox financial systems. It is provided, as close to at cost as possible, to anyone interested.
Available in two sizes of paperback (US Trade and Pocket) from all major international outlets and from all major eBook retailers including Kindler, iPadr, Nookr and the Aldiko app for Androidr.
Rather than describing the various schools of economics or its history, this book aims to present current macroeconomic knowledge, with a few contributions from famous works and authors when absolutely necessary. It is aimed at those with some existing knowledge of the subject.