Bullish on Uncertainty
How Organizational Cultures Transform Participants
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Bullish on Uncertainty by Alexandra Michel
Book DescriptionBullish on Uncertainty provides rare insight into the secretive world of Wall Street high finance, which has shaped influential business, governmental, and cultural leaders and keeps supplying new business practices to other organizations in dynamic and complex environments. The book studies how two highly successful Wall Street investment banks managed the uncertainty of their high-velocity environment through different work practices. One bank chose the familiar route of decreasing bankers' uncertainty. The other bank used the novel and effective practice of increasing bankers' uncertainty to make them more alert to new situations and more likely to draw on the bank's entire range of resources. Through vivid accounts of newcomers during their first two years, the book traces how the two banks' initially similar participants were transformed into fundamentally different kinds of persons by the different kinds of work practices in which they participated.
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Book DetailsISBN: 9780521869966
(228mm x 152mm x 20mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 10-Nov-2008
Country of Publication: United Kingdom
Books By Author Alexandra Michel
Psychology of Organizational Change, Paperback (December 2014)
This volume examines organizational change from the employee's perspective.
Bullish on Uncertainty, Paperback (November 2008)» View all books by Alexandra Michel
Studies how two highly successful Wall Street investment banks managed the uncertainty of their high-velocity environment through different work practices.
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Author Biography - Alexandra Michel
Alexandra Michel is assistant professor in the Department of Management and Organization at the Marshall School of Business, University of Southern California. Before receiving a Ph.D. from the Wharton School of Business, University of Pennsylvania and beginning her academic career, she worked as an investment banker in Goldman Sachs' mergers and acquisitions department, and she worked under Goldman's Chief of Staff, helping the firm implement a new approach to executive education, with topics that included leadership, banker development, and building client relationships. Her interdisciplinary publication record includes such journals as Administrative Science Quarterly, Theory and Psychology, and Learning Inquiry. Stanton Wortham is the Judy and Howard Berkowitz Professor of Education at the Graduate School of Education, University of Pennsylvania. He is the author of Learning Identity (Cambridge University Press, 2006).
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