RESOURCE GOVERNANCE: The Internal Economy: how to apply market principles within organizations to make sense of budgeting, rate-setting, project-approval, and accounting processes. 2004.

An overview of the application of market economics within organizations to rationalize budget decisions, set realistic cost-based chargeback rates, design customer-driven project-approval processes, match expectations to available resources, and align support staff with corporate strategies.

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Format: paperback, 117 pages. $8.95 US

Table of Contents

See also: The Internal Economy: Overview of Implementation Processes.

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Reviews

It's remarkable... more than remarkable! In just 110 pages, this succinct and illuminating book provides more information about getting control over spending and about governance than the whole pile of other books I've read on this topic. Moreover, Meyer takes the reader from theory to practicality by explaining how to effectively use market economics in an enterprise of any size.

This book presents a completely new way to look at financial processes, yet it all seemed like common sense. We need to implement this.

Adam Smith meets Darwin in this exciting book that advances the state of the art of business management.

This little gem of a book contains breakthrough thinking. Business is run by the market; but organizations are usually run by power, and that's where they get into trouble. Meyer's approach can help change that. He brings the market rules inside, and gives leaders practical tools to implement empowered, entrepreneurial, organic organizations.

This book helped me pull together a variety of real-world governance issues, and gave me invaluable insights on our path forward.

This book raises all the right questions that are essential to our success; and for answers, Meyer points us back to the basics of market economics that we all believe in outside the office but rarely apply internally. Very helpful.

In this plainly and succinctly written book, Dean Meyer presents his logical and thoughtful approach in a way that is understandable by senior executives -- even those with no accounting or financial background. The book is certainly worth reading.

A masterpiece of insight and straightforward writing. This fits so well with the other pieces of the puzzle of leadership and corporate governance that Dean Meyer has written about, from the RoadMap to his Business within-a-Business Paradigm. All are on my 'must read' list for any senior executive.

This is a thought-provoking book, a highly recommended read for those executives responsible for the management of change within an organization as well as for those who oppose it or fear it.

The Internal Economy offers a clear and practical vision of how internal market processes can work side by side with the invisible hand of outside competition.

No one should seriously consider outsourcing until they understand and practice the wisdom in Dean Meyer's great little book. We owe it to our employees and shareholders to manage our internal resources with the discipline we'll surely need to manage external resources.