Brokerage and Closure

- An Introduction to Social Capital

af

indgår i serie Clarendon Lectures in Management Studies


Brokerage and Closure
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Format:
Bog, paperback
Udgivelsesdato:
01-09-2007
Sprog:
Engelsk
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Social Capital, the advantage created by location in social structure, is a critical element in business strategy. Who has it, how it works, and how to develop it have become key questions as markets, organizations, and careers become more and more dependent on informal, discretionary relationships. The formal organization deals with accountability; Everything else flows through the informal: advice, coordination, cooperation friendship, gossip, knowledge, trust. Informal relations have always been with us, they have always mattered. What is new is the range of activities in which they now matter, and the emerging clarity we have about how they create advantage for certain people at the expense of others. This is done by brokerage and closure. Ronald S. Burt builds upon his celebrated work in this area to explore the nature of brokerage and closure. Brokerage is the activity of people who live at the intersection of social worlds, who have a vision advantage of seeing and developing good ideas, an advantage which can be seen in their compensation, recognition, and the responsibility they're entrusted with in comparison to their peers.Closure is the tightening of coordination in a closed network of people, and people who do this do well as a complement to brokers because of the trust and alignment they create. Brokerage and Closure explores how these elements work together to define social capital, showing how in the business world reputation has come to replace authority, pursued opportunity assignment, and reward has come to be associated with achieving competitive advantage in a social order of continuous disequilibrium.

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Udgivelsesdato:
01-09-2007
ISBN13:
9780199249152
Vægt:
452 g
Dybde:
15 mm
Bredde:
160 mm
Højde:
230 mm
Format:
Paperback
Forfattere
Bibliotekernes beskrivelse Social Capital, the advantage created by location in social structure, is a critical element in business strategy. Who has it, how it works, and how to develop it have become key questions in markets, organizations, and careers. Ronald S. Burt builds on his celebrated work in this area to explore these issues. Numerous figures and tablesPRIZES:Winner of Shortlisted for the AOM George R Terry Award 2006.

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