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Creating Market Economies Within Companies

Jason Magidson (INTERACT, the Institute for Interactive Management, a Bala Cynwyd, Pennsylvania management education and consulting firm)
Andrew E. Polcha (Advisory product forecaster for application product software at IBM US, Gaithersburg, Maryland)

Journal of Business Strategy

ISSN: 0275-6668

Article publication date: 1 March 1992



In December 1991, General Motors Corp. announced that it would lay off 74,000 employees. The same month, The New York Times reported that Xerox Corp., Eastman Kodak Co., IBM Corp., and General Motors, among other organizations, expect many 1991 layoffs to be permanent. Some feel that's because this latest US recession is not a cyclical downturn but an overdue adjustment indicative of a relocation of the world economy.


Magidson, J. and Polcha, A.E. (1992), "Creating Market Economies Within Companies", Journal of Business Strategy, Vol. 13 No. 3, pp. 39-44.




Copyright © 1992, MCB UP Limited

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