Introduction (revised 1993); Managing the fundamentals - Adjusting for inflation; Managing for liquidity and financial strength; Managing productivities; The productivity of the knowledge worker; The costs of staying in business vs. the delusion of profit; Managing for tomorrow - Concentrating resources on results; Sloughing off yesterday; Managing growth; Managing innovation and change; Business strategies for tomorrow; A scorecard for managers; Managing the sea-change: the new population structure and the new population dynamics - The new realities; Production sharing: the transnational integration; The new consumer markets; The implications for managerial strategies; From 'labor force' to 'labor forces'; The end of mandatory retirement age; The 'double-headed monster'; Job needs in the developing countries; The need for redundancy planning; Managing in turbulent environments - The integrated world economy; Transnational world money; The end of sovereignty; The fractured world polity; The world economy's almost-developed countries; Business policies for the world economy; The Employe Society; 'Power follows property'; Can the labor union survive; Business enterprise as a political institution; Managing in a political environment; Conclusion: the challenge to management; Index.