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El. knyga: Luck: A Key Idea for Business and Society [Taylor & Francis e-book]

(University of Warwick, UK)
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Luck: A Key Idea for Business and SocietyDidesnis paveikslėlis
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Taylor & Francis e-booksMore info about Taylor & Francis e-books
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Shortlisted for the EGOS Book Award in 2021, this book moves beyond tired analyses of business success that bias leadership and strategy in order to focus on the critical role of good fortune.

The author provides insights from economics, sociology, political science, philosophy, and psychology to create a brief intellectual history of luck. In positioning luck as a key idea in management, the book analyzes various facets of fortune such as randomness, serendipity, and opportunity. Often overlooked given psychological bias toward meritocratic explanations, this book quantifies luck to establish the idea in a more central role in understanding variations in business performance.

In bringing the concept of luck in from the periphery, this concise book is a readable overview of management which will help students, scholars, and reflective practitioners see the subject in a new light.
List of figures
xi
1 The unconventional wisdom of luck
1(3)
2 How to interpret luck?
4(27)
2.1 Defining luck
5(1)
2.2 Luck as attribution
6(3)
2.3 Luck as randomness
9(4)
2.4 Luck as counter/actual
13(5)
2.5 Luck as undeserved
18(5)
2.6 Luck as serendipity
23(6)
2.7 Summary: luck is in the eye of the beholder
29(2)
3 How to quantify luck?
31(34)
3.1 The weak version: luck as a straw man in hypothesis testing
32(5)
3.2 The semi-strong version: luck as an alternative explanation for empirical regularities
37(4)
3.3 The strong version: luck as a regulating factor for judging merit
41(7)
3.4 Measuring the impact of luck using real-world data
48(12)
3.5 Summary: what the luck?
60(5)
4 How to strategize with luck?
65(24)
4.1 Rewarding and blaming people for their good and bad luck
66(2)
4.2 Search guides for opportunities from the luck bias
68(8)
4.3 Everyone is fooled by randomness, except you?
76(6)
4.4 Strategies of overcoming barriers to exploiting rivals' luck biases
82(4)
4.5 Summary: the context-dependent luck biases and their exploitation strategies
86(3)
5 Good night and good luck
89(8)
5.1 Beliefs about luck in different cultures
90(1)
5.2 Can beliefs about luck be rational?
91(2)
5.3 Reconciling the conventional and the unconventional wisdom of luck
93(4)
Acknowledgments 97(2)
References 99(10)
Index 109
Chengwei Liu (Ph.D., Cambridge) is Associate Professor of Strategy and Behavioral Science at the ESMT Berlin, Germany and the University of Warwick, UK.
Pastovi nuoroda: https://www.kriso.lt/db/9781315106144_pe.html
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