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Standing on the Sun: How the Explosion of Capitalism Abroad Will Change Business Everywhere Hardcover – February 7, 2012 by Christopher Meyer (Author), Julia Kirby

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Former Librasry copy Library Marking and library binding   For half a century the US has sat at the center of the global economic system, and Western-style capitalism has dominated. Now, it’s no secret that the center of gravity is shifting. The advanced economies that in 2000 consumed 75% of the world’s output will, by…

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SKU: 9781422131688
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For half a century the US has sat at the center of the global economic system, and Western-style capitalism has dominated. Now, it’s no secret that the center of gravity is shifting. The advanced economies that in 2000 consumed 75% of the world’s output will, by 2050, consume just 32%. Meanwhile, the emerging economies of the world–Brazil, India, China, and others–will surge forward.

As these fast-growing, low-income economies mature, will they adopt the practices of the old guard? Or will they make their own way, and create the next prevailing version of capitalism? What new opportunities will that create for firms around the world?

Standing on the Sun tackles these questions with fresh ideas and provocative examples. Based on firsthand observations of companies defying capitalism’s old rules yet prospering, the authors outline new principles for commercial success. Among them:

• The obsession with return on equity gives way to more broad-based measurements of success.

• Adam Smith’s invisible hand of the market is redeemed by the “invisible handshake” of collaborative networks.

• Businesses take ownership of the impacts they now call “externalities.”

Those who need to understand the emerging shape of global capitalism will benefit from Standing on the Sun.

 

Christopher Meyer

Christopher Meyer is dedicated to anticipating and shaping the future of business. He has pursued this goal as entrepreneur, executive, consultant, leader of a think tank, and author. Two consistent threads run through Meyer’s writing: adaptive enterprise and network-based business innovation. Adaptive enterprise refers to the application of lessons of biology to the design of enterprises with the capacity to sense, respond to, and adapt to changes in their environment. Network-based business innovation makes the case for leveraging networks of individuals – both within and outside an organization – to garner different perspectives on a problem, recombine them to generate new approaches, and then apply selective pressure to ‘squeeze out’ the most inventive and useful ideas. These two threads coalesce into the overarching theme of Meyer’s thought leadership, namely the application of network science to business and innovation.

Meyer has published three books, including BusinessWeek Best Seller “Blur: The Speed of Change in the Connected Economy,” “Future Wealth,” and “It’s Alive: The Coming Convergence of Information, Biology, and Business.” He blogs on the Harvard Business Review site, and has contributed to publications including Harvard Business Review, Sloan Management Review, Fast Company, TIME, The Wall Street Journal, and BusinessWeek. Meyer is currently in the process of writing his fourth book, “Standing on the Sun,” about how capitalism evolves as the economic center of gravity shifts to low-income, fast-growth, digital-native economies, which will be published by Harvard Business School Press in November of 2011.

Weight 25 oz
Dimensions 6.39 × 1.18 × 9.55 in

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