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    The Influence Economy: Decoding Supplier-Induced Demand

    The Influence Economy by Sytch, Maxim;

    Decoding Supplier-Induced Demand

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    A termék adatai:

    • Kiadó OUP USA
    • Megjelenés dátuma 2025. május 8.

    • ISBN 9780197665152
    • Kötéstípus Keménykötés
    • Terjedelem320 oldal
    • Méret 224x140x35 mm
    • Súly 544 g
    • Nyelv angol
    • 700

    Kategóriák

    Rövid leírás:

    In The Influence Economy, Maxim Sytch explores the external influences that nudge buyers toward questionable decisions and consumption, revealing how professional services--consulting, marketing, banking, and legal firms--create demand for unnecessary and potentially harmful products and services. Sytch finds that such supplier-induced demand can take many forms, from superfluous reorganizations and frivolous lawsuits to ill-conceived acquisitions, which lead to wasted resources, demotivated workforces, and operational setbacks. Based on empirical analyses and interviews, Sytch identifies the conditions under which supplier-induced demand is likely to occur and offers insights into mitigating its effects in today's economy.

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    Hosszú leírás:

    What shapes a buyer's needs and wants? In The Influence Economy, Maxim Sytch explores the influences that nudge buyers toward questionable decisions and consumption, revealing how professional services--consulting, marketing, banking, and legal firms--create demand for unnecessary and potentially harmful products and services. Such supplier-induced demand can take many forms, including superfluous reorganizations, frivolous lawsuits, and ill-conceived acquisitions. These actions may not only fail to produce positive outcomes but can also inflict detrimental consequences on the buying organization, from squandering valuable resources and demotivating the workforce to disrupting business operations and causing various operational, legal, and financial setbacks.

    Supplier-induced demand is not uniform but occurs under specific circumstances. Through empirical analyses and interviews with buyers and sellers of professional services, Sytch reveals the conditions under which supplier-induced demand is most likely to occur. The book argues that the conditions that give rise to supplier-induced demand are increasingly characteristic of today's broader knowledge-based economy, with significant implications for managerial control, vertical integration, and the economics of agglomeration. Ultimately, Sytch lays the groundwork for a systematic understanding of the contemporary influence economy and identifies potential strategies for organizations and policymakers to counteract its adverse effects.

    Captivating read! Superbly written blend of classic research, fresh thinking, and spot-on field work, The Influence Economy is a deep dive into the arcane world of professional services. Lawyers, bankers, consultants, and the like are often wise, well-meaning advisors, but also can create demand for unnecessary, even harmful corporate actions. Full of provocative questions. Be prepared to think!

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    Tartalomjegyzék:

    Preface
    What is this Book About?
    Meet Supplier,Induced Demand
    Uncertainty
    The Power of Professional Service Firms
    The Imperfect Agents
    The Arrival of the Commerical Institutional Logic
    The Change in Professionals' Identity
    The Emergence of Supplier,Induced Demand
    Meet Supplier,Induced Demand
    Why Don't the Buyers Learn?
    Looking Forward
    References
    Index

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