Profit Power Economics: New Competitive Strategy for Creating Sustainable Wealth
A new economy is emerging from the global financial crisis. In this groundbreaking book, seasoned executive and Harvard-trained economist Mia de Kuijper guides readers through the fundamentals of this economy and explains how companies and individuals can create sustainable wealth now. The key is wielding one of twelve contemporary sources of profit power. Control just one and you are on the road to high returns. Turning profit power into sustainable wealth requires new strategies,...
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A new economy is emerging from the global financial crisis. In this groundbreaking book, seasoned executive and Harvard-trained economist Mia de Kuijper guides readers through the fundamentals of this economy and explains how companies and individuals can create sustainable wealth now. The key is wielding one of twelve contemporary sources of profit power. Control just one and you are on the road to high returns. Turning profit power into sustainable wealth requires new strategies, enumerated here, for choosing and valuing investments, structuring and managing global enterprises, confronting competitive threats, and navigating markets which may increasingly display power law dynamics and where distributions may have "fat tails." To derive this book's unique framework for achieving high returns, de Kuijper rethought parts of economic theory itself in light of the most transformative force in the new economy (dubbed the Transparent Economy by de Kuijper), namely the vanishing cost of information and connectivity. Based on original research and illustrated with lively lessons from the experiences of the author and other successful investors and leaders, Profit Power Economics draws a detailed picture of the new competitive arena and gives readers a step-by-step approach to build (or find) exceptionally high-return enterprises and to utilize today's shifting market dynamics to influence choice and build wealth.
Introduction 1I The Key to Profit Power1 The Power Node Strategy 15II Understanding the Transparent Economy2 The Star Driver: The Vanishing Cost of Information 373 The Two Trends of Transparency: Perfect Information and Interdependent Decision Making 454 Perfect Information and Imperfect Markets 605 The New Paradigm: Powerlaw Economics 68III How Transparency Alters the Building Blocks of Profits6 The Four Strategic Decisions In Transparency 877 Ownership Focused on Profit Power 918 The Shape of the 21st-Century Firm 1059 Three-Dimensional Competition 12110 Strategles for Powerlaw Marketplaces 131IV The Four Rules for Maximizing Profits in Transparency11 From the Four Strategic Decisions to the Four Rules 145V Power Nodes: Transparency's Sources of Profits and Competitive Weapons12 The 12 Power Nodes 15113 Managing the Power Nodes 184VI The Four Rules Method for Maximizing Profits14 The Four Rules Templates and How to Use Them 19915 Rule #1: Power Node Evaluation and Action Plan Templates 20516 Rule #2: 21st-Century Business Model Evaluation and Action Plan Templates 21217 Rule #3: 3-D Competition Evaluation and Action Plan Templates 22718 Rule #4: Powerlaw Marketplace Evaluation and Action Plan Templates 234VII Strategies for Investors19 The Four Rules Method: Added Value for Investors 243VIII Conclusion20 On Gaining Perspective 261Notes 265Glossary 275Annotated Bibliography 281Bibliography 287Index 297
