When this classic text was first published in 1992 it provided a unique focus for the burgeoning concern for sustainability and sustainable organizational practices. The book's impact continues to be felt today as large multinational corporations are making substantial commitments to the 'triple bottom line' of economic success, social responsibility, and environmental protection, and sustainability has become a part of curricula in business schools around the globe. Featuring extensive new material throughout, this new edition of "Management for a Small Planet" maintains the same unique vision and approach that made the original so influential. Unlike other texts on the topic, it employs a strategic, general management perspective within theoretical frameworks on how organizations can be instrumental in moving humankind toward a more sustainable world. Part I includes chapters dedicated to each dimension of sustainability: biophysical, economic, and social. Part II contains the specifics on the formulation and implementation of sustainable management practices, all grounded in the principles of organizational behavior, leadership, and business strategy. The book is an ideal text for any course concerned with environmental management and sustainable management practices.
Since economic development in China for the last 30 years has been mostly "top down," it's appropriate that a new textbook focused on the Chinese economy emphasizes the macroeconomic and monetary sides of the economy. Through adept use of case studies, the author clearly presents what the world's second largest economy has accomplished and what work remains. Schramm uses not only the traditional macroeconomics tools in explaining the Chinese economy but also takes a novel approach by assessing China as a company. By employing models from finance, such as cash flows and valuations, he is able to dig deeper into understanding the fundamental characteristics of the Chinese economy. Another unique approach is referencing Chinese economic activity to that of the U.S. economy: what is similar, what is different. Numerous graphs, tables, and charts accompany the text.