Headquarters Economy: Managers, Mobility, and Migration - Hardcover

Shaver, J. Myles

  • 4.22 out of 5 stars
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9780198828914: Headquarters Economy: Managers, Mobility, and Migration
Hardcover
ISBN 10: 0198828918 ISBN 13: 9780198828914
Publisher: Oxford University Press, 2018

Synopsis

Metropolitan areas with a high concentration of headquarters from diverse industries stand out as influential, dynamic economies. However, there is little discussion about the characteristics of these 'headquarters economies'. Why do some regions develop vibrant headquarters economies, whereas others do not? The answer lies in understanding the essence of headquarters - the managerial talent pool that guides and governs these companies.

By investigating an exemplar headquarters economy - Minneapolis-St. Paul - this volume demonstrates that the talent pool (managers), its movement among companies and industries in a region (mobility), and the nature of its inflow and outflow from a region (migration), can create a virtuous cycle that strengthens regional companies, and draws in additional talent. Comparing the migration pattern of educated, high-earning individuals across metropolitan areas in the United States, and drawing upon a proprietary survey of thousands of headquarters employees in Minneapolis-St. Paul, this book provides supportive evidence for this dynamic.

A central insight of the research is that professional managerial talent is a determinant of regional vitality that has largely been overlooked. The underlying factors of managers, mobility, and migration, here identified in the context of Minneapolis-St. Paul, exist in metropolitan areas around the world, demonstrating the scope of application of the research findings, and highlighting the benefit of focusing on these underlying factors.

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About the Author

J. Myles Shaver is Professor of Strategic Management and Entrepreneurship at the Carlson School of Management, University of Minnesota, where he holds the Pond Family Chair in the Teaching and Advancement of Free Enterprise Principles. He has also received the Distinguished PhD Alumni Award from the Ross School of Business, University of Michigan, and the Irwin Outstanding Educator Award - an international teaching award based on his career contributions to MBA and Executive Teaching. His research interests include corporate expansion and corporate headquarters strategies.

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Publisher
Oxford University Press
Publication date
2018
Language
English
ISBN 10 
0198828918
ISBN 13 
9780198828914
Binding
Hardcover
Number of pages
230
Rating
  • 4.22 out of 5 stars
    9 ratings by Goodreads