{"id":11,"date":"2018-12-27T16:41:20","date_gmt":"2018-12-27T16:41:20","guid":{"rendered":"https:\/\/faculty.som.yale.edu\/jeffreygarten\/?page_id=11"},"modified":"2019-06-07T15:01:58","modified_gmt":"2019-06-07T15:01:58","slug":"books","status":"publish","type":"page","link":"https:\/\/faculty.som.yale.edu\/jeffreygarten\/books\/","title":{"rendered":"Books"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row][vc_column][vc_column_text]<\/p>\n<div id=\"content\">\n<p style=\"text-align: left;\"><span style=\"font-size: 12pt;\"><strong><em>The Politics of Fortune: A New Agenda for Business Leaders<\/em>, Harvard Business School Press, November, 2002<\/strong><\/span><\/p>\n<p style=\"text-align: left;\" align=\"center\"><span style=\"font-size: 12pt;\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/faculty.som.yale.edu\/JeffreyGarten\/images\/politics_001.jpg\" width=\"258\" height=\"395\" align=\"absmiddle\" border=\"2\" \/><\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"font-size: 12pt;\">In <em>The Politics of Fortune<\/em>, Jeffrey E. Garten poses two questions:<\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"font-size: 12pt;\">What is the emerging shape of the world in the wake of both September 11 terrorist attacks and the corporate scandals that began with Enron? What role should business leaders play in this new era? In this controversial book, Garten recommends a bold but feasible new agenda for CEOs \u2013 one that will not only require them to rebuild their tarnished reputations, but to partner with government in charting a new course that differs radically from what we\u2019ve known in the 1980s and 1990s.<\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"font-size: 12pt;\">Garten calls for business leaders to engage in constructive public initiatives to an extent that we\u2019ve not seen since the immediate aftermath of World War II. He shows CEOs must change not just their corporate and public strategies but their way of thinking about their responsibilities \u2013 not only to their shareholders but to a broader society. He describes the challenges that they must confront and the concrete steps that they must take in a number of areas:<\/span><\/p>\n<blockquote>\n<p><span style=\"font-size: 12pt;\">\u2022 Protecting homeland security<br \/>\n\u2022 Rebuilding trust in markets and corporate America<br \/>\n\u2022 Establishing a stronger foundation for free trade<br \/>\n\u2022 Devising better ways to reduce global poverty<br \/>\n\u2022 Expanding corporate citizenship abroad<br \/>\n\u2022 Charting a more effective foreign policy<br \/>\n\u2022 Reorienting business education for the new era<\/span><\/p>\n<\/blockquote>\n<p style=\"text-align: left;\"><span style=\"font-size: 12pt;\"><em>The Politics of Fortune<\/em> contains critical insights for anyone who wants to understand better the context for the enormous changes sweeping over our country and our world, and the role that private enterprise must play in building a more secure and more prosperous future.<\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"font-size: 12pt;\"><strong><em>The Mind of the CEO<\/em>, Perseus\/Basic Books, February, 2001<\/strong><\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"font-size: 12pt;\">In these times of intense change, what role should our most important business leaders play in society? How do the CEOs of major corporations construe their jobs? How should they construe them? These are the questions posed and answered in The Mind of the CEO.<\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"font-size: 12pt;\">Based on extensive and highly personal interviews with forty CEOs around the world \u2013 people such as GE\u2019s Jack Welch, AOL\u2019s Steven Case, Allen &amp; Co.\u2019s Nancy Peretsman, Newscorp\u2019s Rupert Murdoch, BP Amoco\u2019s John Browne, Nokia\u2019s Jorma Ollila, and Toyota\u2019s Hiroshi Okuda \u2013 Jeffrey E. Garten takes us on a journey into the innermost thoughts of the world\u2019s corporate titans and provides a context for understanding the turmoil in today\u2019s boardrooms. His conclusions may surprise you:<\/span><\/p>\n<ul style=\"text-align: left;\">\n<li><span style=\"font-size: 12pt;\">Global CEOs are not nearly as powerful as many people think, nor do they see themselves that way. Many are overwhelmed by the complexity of what\u2019s demanded of them.<\/span><\/li>\n<li><span style=\"font-size: 12pt;\"> The real Internet wars will not involve the dot-coms but will be fought among the traditional corporate titans. And they\u2019ve only just begun.<\/span><\/li>\n<li><span style=\"font-size: 12pt;\"> Many global CEOs are complacent about their international strategies; they know less than they think they do.<\/span><\/li>\n<li><span style=\"font-size: 12pt;\">Corporate success in the future will require much more than creating short-term value for shareholders. Most top executives will have to devote more attention to employees, customers, suppliers, and communities \u2013 but achieving the right balance is nearly an impossible task.<\/span><\/li>\n<li><span style=\"font-size: 12pt;\">With creative and expert workers more important than ever, keeping employees\u2019 trust and articulating clear values are increasingly crucial. But in an era of restructuring, layoffs, and \u201cgolden parachutes,\u201d trust is increasingly hard for CEOs to win.<\/span><\/li>\n<li><span style=\"font-size: 12pt;\">For CEOs to thrive, their visions must be increasingly bold, and execution increasingly flawless. But the bolder the vision, the more difficult the execution.<\/span><\/li>\n<li><span style=\"font-size: 12pt;\"> CEOs need to take a much stronger role than most now contemplate to create the framework of globalization \u2013 to manage the environment, train workers, and design the rules and institutions for trade, finance and communications. Otherwise, globalization will end in chaos and anarchy.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: left;\"><span style=\"font-size: 12pt;\">In the end, Jeffrey Garten advocates a much broader leadership role for CEOs than they now appear willing to play \u2013 though he acknowledges the extreme difficulties many will have in doing so. His ideas are a challenge to those who are suspicious of corporate power, those who believe CEOs should focus only on enriching shareholders, and even to many CEOs who see their jobs much more narrowly. They will be welcomed by anyone who is wrestling with how to make globalization work better, and those who genuinely seek ways for multinational corporations to exercise the citizenship responsibilities that come with vast economic power. No one interested in the future can afford not to read, think about, and debate The Mind of the CEO. <\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"font-size: 12pt;\"><strong><em>World View: Global Strategies for the New Economy<\/em>, (editor and introduction), Harvard Business School Press, 2000<\/strong><\/span><\/p>\n<div style=\"text-align: left;\" align=\"center\">\n<p><span style=\"font-size: 12pt;\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/faculty.som.yale.edu\/JeffreyGarten\/images\/worldview_001.jpg\" width=\"258\" height=\"393\" align=\"absmiddle\" border=\"2\" \/><\/span><\/p>\n<\/div>\n<p style=\"text-align: left;\"><span style=\"font-size: 12pt;\">At a time in which globalization impacts corporate strategy as never before, corporate leaders are challenged to consider all the implications of a new global economy. Characterized by a myriad of competing forces, this new global economy is highlighted by unprecedented advances in technology of all kinds.<\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"font-size: 12pt;\">With such unrelenting change blurring the view, corporate leaders need the benefit of the best thinking in order to focus on the right global strategies. World View offers just such thinking, featuring examples of strategies and best practices used by successful companies worldwide in moving toward global markets. In his introduction to this collection of Harvard Business Review articles, editor Jeffrey Garten pinpoints five emerging themes:<\/span><\/p>\n<ul style=\"text-align: left;\">\n<li><span style=\"font-size: 12pt;\">Operating in a global market requires CEOs to rethink every aspect of their strategies.<\/span><\/li>\n<li><span style=\"font-size: 12pt;\"> The best strategies require that organizations gather massive amounts of information and process it effectively.<\/span><\/li>\n<li><span style=\"font-size: 12pt;\"> Companies that succeed on a global scale are constant innovators, learning and implementing simultaneously.<\/span><\/li>\n<li><span style=\"font-size: 12pt;\"> Great global companies create cultures conducive to extensive internal and external collaboration and networking.<\/span><\/li>\n<li><span style=\"font-size: 12pt;\"> Radical change brings unprecedented opportunity to capture markets and enhance shareholder value.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: left;\"><span style=\"font-size: 12pt;\">Seeing globalization through the eyes of leading thinkers and executives who have mastered its challenges, World View presents forward-thinking insights for corporate leaders determined to succeed in the always-new and uncertain global economy.<\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"font-size: 12pt;\"><strong><em>The Big Ten: Big Emerging Markets and How They Will Change Our Lives<\/em>, Basic Books, 1997, 1998<\/strong><\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"font-size: 12pt;\">A dramatic transformation of global power is under way, one only dimly recognized by most Americans. As economics and trade now loom larger than nuclear stockpiles or Cold War ideology, those countries with the fastest growing economies have begun to rewrite the rules of power and influence in the world. These nations are the Big Emerging Markets, and for too long we have failed to recognize their importance. We can no longer afford that luxury.<\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"font-size: 12pt;\">The Big Ten is the essential guide to the ten most important Big Emerging Markets. Jeffrey E. Garten, the Dean of the Yale School of Management and the former Under Secretary of Commerce for International Trade, explains who they are, why they have burst onto the world scene, and how they will reshape the world in the twenty-first century. The ten countries to watch are spread across the globe: Mexico, Brazil, and Argentina in the Americas; China, India, Indonesia, and South Korea in Asia; Poland and Turkey in Europe; and in Africa, South Africa. The Big Ten are bigger than most people realize: they are home to half the world\u2019s population, and the United States exports more products to these countries than to Europe and Japan combined. They also wield immense political influence in many of the world\u2019s most critical regions. Moreover, American industrial firms, mutual funds, and pension plans have begun to invest heavily in these dynamic economies, making our own prosperity increasingly dependent on theirs.<\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"font-size: 12pt;\">While the Big Ten offer new opportunities for the United States, Garten observes, their potential political instability could create economic havoc around the world. In addition, they pose powerful ethical and strategic dilemmas. The BEMs do not share our values regarding human rights, child labor, corruption, or environmental degradation, and our growing contacts with these societies are sure to violate our notions of fairness and our moral sensibilities. And as the Big Ten grow and mature as regional powers, they will pose unprecedented challenges to American global leadership.<\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"font-size: 12pt;\">Drawing on his first-hand experiences at the highest levels of government, finance, and academia, Garten advances a comprehensive plan for America to meet the challenges of this emerging new world. He addresses the critical questions facing American policy makers, business executives, educators, and concerned citizens, and he outlines the bold changes that will be necessary if we are to control our national destiny in the decades to come. The Big Ten will help readers understand the importance of NAFTA, the rise of China, the connection between trade and human rights, and the imperatives for American foreign policy, business, and higher education. Packed with powerful insights and real-life stories from the front lines of international commerce, The Big Ten will redefine the way we think about America\u2019s global role in the twenty-first century.<\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"font-size: 12pt;\"><strong><em>A Cold Peace: America, Japan, Germany and the Struggle for Supremacy<\/em>, Times Books, 1993, 1994<\/strong><\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"font-size: 12pt;\">No issue may be more crucial to America\u2019s standing in the world and to its ability to solve its social and economic problems at home than its widening competition with Japan and Germany. In A Cold Peace, Jeffrey E. Garten, an investment banker who has served in the White House and the State Department, shines an intense light on the growing conflicts with our two most important allies and rivals \u2013 and on the critical impact they will have on America\u2019s future.<\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"font-size: 12pt;\">Garten explains how the often irreconcilable agendas of Washington, Tokyo, and Berlin stem from over a century of deeply held cultural, institutional, and political traditions. Whether the issue is trade, banking, technology, defense policy, immigration, or the environment, in the coming decade we could well see grueling struggles among the three countries including new forms of economic warfare, differing notions of national security, the formation of new regional empires, and destructive rivalries in the global organizations.<\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"font-size: 12pt;\">Going beyond today\u2019s headlines and sound bites, beyond the sterile debates over protectionism versus free trade, and beyond the dead-end arguments over whether America is the lone superpower or whether it is in decline, A Cold Peace reveals the most fundamental dilemmas for America in the years ahead. In a powerful analysis drawn from two decades of high-level experience in both the public and private sectors, Garten shows that the greatest threat to the United States is home grown \u2013 in our reluctance to recognize the links between our domestic and foreign policies, in our liability to see how the global rules of the game have changed, and in our failure to adopt a new mind-set not only toward Japan and Germany but toward ourselves as well.<\/span><\/p>\n<p style=\"text-align: left;\">\n<\/div>\n<p>[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][vc_column_text] The Politics of Fortune: A New Agenda for Business Leaders, Harvard Business School Press, November, 2002 In The Politics of Fortune, Jeffrey E. Garten poses two questions: What is the emerging shape of the world in the wake of both September 11 terrorist attacks and the corporate scandals that began with Enron? What role [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"parent":0,"menu_order":3,"comment_status":"closed","ping_status":"closed","template":"","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"class_list":{"0":"post-11","1":"page","2":"type-page","3":"status-publish","5":"entry"},"_links":{"self":[{"href":"https:\/\/faculty.som.yale.edu\/jeffreygarten\/wp-json\/wp\/v2\/pages\/11","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/faculty.som.yale.edu\/jeffreygarten\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/faculty.som.yale.edu\/jeffreygarten\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/faculty.som.yale.edu\/jeffreygarten\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/faculty.som.yale.edu\/jeffreygarten\/wp-json\/wp\/v2\/comments?post=11"}],"version-history":[{"count":3,"href":"https:\/\/faculty.som.yale.edu\/jeffreygarten\/wp-json\/wp\/v2\/pages\/11\/revisions"}],"predecessor-version":[{"id":38,"href":"https:\/\/faculty.som.yale.edu\/jeffreygarten\/wp-json\/wp\/v2\/pages\/11\/revisions\/38"}],"wp:attachment":[{"href":"https:\/\/faculty.som.yale.edu\/jeffreygarten\/wp-json\/wp\/v2\/media?parent=11"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}