Page 336 - (DK) The Business Book
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        DIRECTORY






                                               usiness is all about succeeding, often against considerable odds,
                                               and to do so its practitioners have drawn on a range of insights
                                         B from a number of related disciplines. It requires an understanding
                                         of people, numbers, and systems, so it is perhaps not surprising that a
                                         large proportion of its key thinkers come from the fields of psychology,
                                         mathematics, and engineering. Some of them have proved adept at turning
                                         theory into practice, building large businesses that continue to evolve and
                                         grow over the long term. The main part of this book has examined the
                                         work of some of those key thinkers in detail; here we look at others whose
                                         impact on the business environment is marked, from industrial designers
                                         and theorists to inspirational leaders and management gurus.


                                         studying industrial management    business administration at Harvard
        RICHARD BRANSON                  at Central Michigan University, MI.   Business School, Christensen has
        1950–                            His consulting work within diverse   published widely; his first book,
                                         industries led him to develop the   The Innovator’s Dilemma, is an
        Founder of the Virgin Group of   LEO (Listen, Enrich, Optimize)   international best seller.
        businesses, Richard Branson was   solution, popularized in his book,   See also: Changing the game
        born in 1950 in Surrey, UK. In 1969   The Ice Cream Maker. This approach   92–99   ■  Crisis management 188–89
        he started a mail-order record   says that by making “quality” the   ■  Avoiding complacency 194–201
        company called Virgin, which then   responsibility of every employee,
        expanded into retail stores. In 1972   individual quality leads to process
        he built a recording studio, and   quality and organizational success.  ROBERTO CIVITA
        began his own record label. The   See also: Quality sells 318–23  1936–2013
        Virgin brand expanded into diverse
        areas, and the Virgin Group today                                 Brazilian media baron Roberto
        consists of more than 200 companies  CLAYTON CHRISTENSEN          Civita was born in Milan, Italy, in
        in more than 30 countries,       1952–                            1936. His family moved to the US
        including Virgin Atlantic airlines,                               shortly after his birth, then to Brazil
        Virgin Radio, and Virgin Galactic.   Clayton Christensen is considered   around 10 years later, where his
        See also: Beating the odds at    one of the world’s top management   father founded the Abril publishing
        start-up 20–21   ■  Creating a brand   thinkers. Born in Utah in 1952, he   company. Civita studied for several
        260–65   ■  Generating buzz 276–78  worked as a missionary for the   degrees at various US universities,
                                         Church of Jesus Christ of Latter-day   in subjects as diverse as nuclear
                                         Saints in South Korea from 1971 to   and particle physics, journalism,
        SUBIR CHOWDHURY                  1973. On his return to the US, he   economics, and sociology. After
        1967–                            studied economics at Brigham     stints working at Time and Abril,
                                         Young University, Utah, and Oxford   in 1968 he started Veja, Brazil’s
        An expert on quality management,   University, UK, before earning an   best-selling weekly magazine. His
        Subir Chowdhury was born in      MBA and doctorate at Harvard     successful media and educational
        Chittagong, Bangladesh in 1967.    Business School. While working    enterprises led Forbes magazine
        He earned a degree in aeronautical   as a management consultant he   to estimate his net worth as
        engineering at the Indian Institute   helped found Innosight, a public   $4.9 billion at his death in 2013.
        of Technology, Kharagpur, before   policy think tank. Now a professor of   See also: Rupert Murdoch 337
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