Description: Brokerage and Closure Please note: this item is printed on demand and will take extra time before it can be dispatched to you (up to 20 working days). An Introduction to Social Capital Author(s): Ronald S. Burt Format: Hardback Publisher: Oxford University Press, United Kingdom Imprint: Oxford University Press ISBN-13: 9780199249145, 978-0199249145 Synopsis Social Capital, the advantage created by location in social structure, is a critical element in business strategy. Who has it, how it works, and how to develop it have become key questions as markets, organizations, and careers become more and more dependent on informal, discretionary relationships. The formal organization deals with accountability; Everything else flows through the informal: advice, coordination, cooperation friendship, gossip, knowledge, trust. Informal relations have always been with us, they have always mattered. What is new is the range of activities in which they now matter, and the emerging clarity we have about how they create advantage for certain people at the expense of others. This is done by brokerage and closure. Ronald S. Burt builds upon his celebrated work in this area to explore the nature of brokerage and closure. Brokerage is the activity of people who live at the intersection of social worlds, who have a vision advantage of seeing and developing good ideas, an advantage which can be seen in their compensation, recognition, and the responsibility they're entrusted with in comparison to their peers. Closure is the tightening of coordination in a closed network of people, and people who do this do well as a complement to brokers because of the trust and alignment they create. Brokerage and Closure explores how these elements work together to define social capital, showing how in the business world reputation has come to replace authority, pursued opportunity assignment, and reward has come to be associated with achieving competitive advantage in a social order of continuous disequilibrium.
Price: 40.93 GBP
Location: Aldershot
End Time: 2025-02-06T21:25:06.000Z
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Book Title: Brokerage and Closure
Number of Pages: 296 Pages
Publication Name: Brokerage and Closure: an Introduction to Social Capital
Language: English
Publisher: Oxford University Press
Item Height: 242 mm
Subject: Sociology, Management, Business
Publication Year: 2005
Type: Textbook
Item Weight: 585 g
Author: Ronald S. Burt
Item Width: 162 mm
Series: Clarendon Lectures in Management Studies
Format: Hardcover
