IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-0-230-36162-1_8.html
   My bibliography  Save this book chapter

Behind the Scenes — Management, Risk and Compliance

In: Marketing Shares, Sharing Markets

Author

Listed:
  • Jesper Blomberg

    (Stockholm School of Economics)

  • Hans Kjellberg

    (Stockholm School of Economics)

  • Karin Winroth

    (Södertörn University)

Abstract

In previous chapters, representatives of the four expert groups have often described themselves as entrepreneurs, suggesting that their work is like having ‘a business of their own, within the business’. The image they convey is one of competent professionals being given considerable leeway concerning how to plan and conduct their work. The focus is said to be on delivering (financial) results rather than on following specific procedures. They also suggest that this state of affairs is conducive to high performance in situations where you need to respond quickly and flexibly to external changes and adjust to the specific needs of your clients. As part of this characterization, managerial activity is regularly downplayed, for example: ‘as long as we deliver, they do not interfere’. This description of investment banking practices is hardly unique for our study and has led some observers to characterize investment banks as ‘self-designing organizations’, emphasizing the entrepreneurial facet of the experts’ work (e.g. Eccles and Crane, 1988).

Suggested Citation

  • Jesper Blomberg & Hans Kjellberg & Karin Winroth, 2012. "Behind the Scenes — Management, Risk and Compliance," Palgrave Macmillan Books, in: Marketing Shares, Sharing Markets, chapter 8, pages 156-180, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-36162-1_8
    DOI: 10.1057/9780230361621_8
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-0-230-36162-1_8. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.