Peter J. Williamson

Michelle Wang Jingji

This case explores how Alibaba Group has nurtured the creation of a business ecosystem to underpin the success of its Taobao Marketplace and Tmall.com e-commerce businesses that have come to dominate on-line shopping in China.

From Intermediary to Ecosystem Enabler

Alibaba Group's Taobao

Eighty years after the fall of Benito Mussolini, controversy remains about what his dictatorship represented. This reflects the different sides to the Duce's leadership: while adept at nurturing and enforcing his personal political power, Mussolini's lack of insight into the requirements of governance prevented him from converting this power into influence to achieve his goals. His efforts to maintain the support of Italy's conservative elites--economic, social and political--also created tensions with his radical Fascist ambitions, diminishing the momentum behind his regime. Mussolini is frequently portrayed as a charismatic leader, but his rule was secured principally by coercion, violence and a 'spoils system'. Nonetheless, his personality cult had significant popular appeal, even if based upon a political myth. This enabled him to consolidate his position and to dominate his Fascist colleagues--but at a price of over-centralized, dysfunctional decision-making. In this book, the first comprehensive English-language study of Mussolini in nearly two decades, Peter J. Williamson brings to life the contradictions within the Duce's leadership. Using a wide range of sources, Williamson reveals how these conflicts impeded the dictator's ambitions, leaving him increasingly frustrated, all while most Italians endured the severe privations of both failure and Fascism.

The Political Leadership of Benito Mussolini

Duce: The Contradictions of Power

Eighty years after the fall of Benito Mussolini, controversy remains about what his dictatorship represented. This reflects the different sides to the Duce’s leadership: while adept at nurturing and enforcing his personal political power, Mussolini’s lack of insight into the requirements of governance prevented him from converting this power into influence to achieve his goals. His efforts to maintain the support of Italy’s conservative elites—economic, social and political—also created tensions with his radical Fascist ambitions, diminishing the momentum behind his regime. Mussolini is frequently portrayed as a charismatic leader, but his rule was secured principally by coercion, violence and a ‘spoils system’. Nonetheless, his personality cult had significant popular appeal, even if based upon a political myth. This enabled him to consolidate his position and to dominate his Fascist colleagues—but at a price of over-centralised, dysfunctional decision-making. In this book, the first comprehensive English-language study of Mussolini in nearly two decades, Peter J. Williamson brings to life the contradictions within the Duce’s leadership. Using a wide range of sources, Williamson reveals how these conflicts impeded the dictator’s ambitions, leaving him increasingly frustrated, all while most Italians endured the severe privations of both failure and Fascism.

Ravi Ramamurti

Afonso Fleury

Maria Tereza Leme Fleury

A rigorous analysis of how the innovative practices of emerging multinationals from the BRIC countries are transforming global competition.

The Competitive Advantage of Emerging Market Multinationals

Hendrik S. Houthakker

This book puts economics to work on the daily problems faced by investors, traders, speculators and brokers as they wrestle with increasingly complex financial markets. Drawing on data direct from the financial behavior of households, corporations, and governments, through to the prices of individual securities, the authors show how accessible but rigorous economics can help the players make sense of the hour-by-hour reality of the way financial markets move. Many of the twists and turns that might seem random at first sight are, they contend, rational and often predictable. But inefficiencies do exist, and the authors also demonstrate how these can become unique profit opportunities. By bringing together information on the daily workings of financial markets with the concepts and tools of economics, Houthakker and Williamson have provided a valuable resource for practitioners and students alike.

The Economics of Financial Markets

Arnoud De Meyer

To succeed in the face of disruptive competition, companies will need to harness the power of a wide range of partners who can bring different skills, experience, capacity, and their own networks to the task. With the advent of new technologies, rapidly changing customer needs, and emerging competitors, companies across more and more industries are seeing their time-honored ways of making money under threat. In this book, Arnoud De Meyer and Peter J. Williamson explain how business can meet these challenges by building a large and dynamic ecosystem of partners that reinforce, strengthen, and encourage innovation in the face of ongoing disruption. While traditional companies know how to assemble and manage supply chains, leading the development of a vibrant ecosystem requires a different set of capabilities. Ecosystem Edge illustrates how executives need to leave notions of command and control behind in favor of strategies that will attract partners, stimulate learning, and promote the overall health of the network. To understand the practical steps executives can take to achieve this, the authors focus on eight core examples that cross industries and continents: Alibaba Group, Amazon.com, ARM, athenahealth, Dassault Systèmes S.E., The Guardian, Rolls-Royce, and Thomson Reuters. By following the principles outlined in this book, leaders can learn how to unlock rapid innovation, tap into new and original sources of value, and practice organizational flexibility. As a result, companies can gain the ecosystem edge, a key advantage in responding to the challenges of disruption that business sees all around it today.

Peter J. Williamson

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