Rethinking America

Hedrick Smith, Author Random House (NY) $25 (474p) ISBN 978-0-679-43551-8
To meet intensified economic global competition, American businesses and schools must adopt a new mind-set emphasizing teamwork, collaboration and long-term strategy, counsels Pulitzer Prize-winning journalist Smith (The Russians). As examples of his mind-set, the former New York Times correspondent provides highly instructive case histories, including Ford Motor's restructuring, which gave more autonomy to individual employees and to work teams; Boeing's collaborative stance toward customers and suppliers; and Motorola's transformation from a hierarchical, command-driven system to one that invites innovation from all staff members and encourages continual education. Smith also favors public-private partnerships, pointing to the success of Sematech, a consortium of 14 high-tech companies and the federal government, launched by President Reagan in 1987 to rescue the U.S. computer chip industry. As for education, he gives high marks to work-study apprenticeships, in high schools from Wisconsin to Maine, designed to equip non-college-bound students with marketable skills; and he visits Central Park East, a Harlem public school built around smaller classes and close cooperation among teachers, students and families. Smith traveled extensively in Japan and Germany, and he believes that American firms can learn a lot from these nations' ``consensus capitalism,'' power-sharing and ``stakeholding,'' whereby banks, workers, institutional investors and home communities share in ownership of corporations or sit on corporate boards. His welcome book is a life raft we ignore at our peril. (June)
Reviewed on: 05/01/1995
Release date: 05/01/1995
Show other formats
FORMATS
Paperback - 978-0-380-72821-3
Analog Audio Cassette - 978-1-879371-98-9
Hardcover - 978-0-517-19354-9
Open Ebook - 480 pages - 978-0-307-82942-9
X
Stay ahead with
Tip Sheet!
Free newsletter: the hottest new books, features and more
X
Only $18.95/month for Digital Access
or $20.95 for Print+Digital Access!
X
Only $18.95/month for Digital Access
or $20.95 for Print+Digital Access!
X
Email Address

Password

Log In Lost Password

PW has integrated its print and digital subscriptions, offering exciting new benefits to subscribers, who are now entitled to both the print edition and the digital editions of PW (online or via our app). For instructions on how to set up your accout for digital access, click here. For more information, click here.

The part of the site you are trying to access is now available to subscribers only. Subscribers: to set up your digital subscription with the new system (if you have not done so already), click here. To subscribe, click here.

Email pw@pubservice.com with questions.

Not Registered? Click here.