Industrial/Organizational Psychology
FUTURE WEALTH
Stan Davis & Christopher Meyer
Harvard Business School Press, 2000
EDUCATIONAL OBJECTIVES The reader will be able to:
• Describe the shift in wealth creation in the information age from real (producing and consuming goods) to financial (bearing, trading, and managing risks)
• Describe effects of the shift in wealth accumulation from earned income (salaries) to unearned income (investments)
• Describe effects of the shift in control of wealth from institutions to individuals
• Apply this knowledge in work with businesses and organizations
• Explore three features of the changing economy: risk as opportunity, not only as threat; the growing efficiency of financial markets for human capital; and the need for new forms of social capital
Stan Davis is an independent author and public speaker based in Boston and was a Senior Research Fellow at the Cap Gemini Ernst & Young Center for Business Innovation in Cambridge, Massachusetts. This is his tenth book. Some of the previous books include BLUR, FUTURE PERFECT, 2020 VISION, and THE MONSTER UNDER THE BED.
Christopher Meyer was a partner of Cap Gemini Ernst & Young. He is currently the CEO of The Monitor Networks (www.monitor.com) and on the board of Adventis Board of Advisors. He is a regular columnist in BUSINESS 2.0 and the co-author of BLUR.