by Alexandra Michel (Author), Alexandra Michel (Author)
Bullish 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.
Format: Illustrated
Pages: 278
Edition: Illustrated
Publisher: Cambridge University Press
Published: 10 Nov 2008
ISBN 10: 0521690196
ISBN 13: 9780521690195
Book Overview: Studies how two highly successful Wall Street investment banks managed the uncertainty of their high-velocity environment through different work practices.