An insider’s guide to the booming business of shrinking government, this ground-breaking look into the inner-workings of public entities and their private vendors, by consultant and former Texas state official Mary Scott Nabers, explains why the business of government—from how we pay for infrastructure to how we respond to natural disasters—will increasingly be driven by companies that see their public customers as partners, and are committed to building long-term trusting relationships built on shared goals while earning a competitive return on investment.
In balanced fashion, Nabers provides a detailed profile of the players, what they think, and why public officials and private executives often have so much trouble communicating effectively. The book is full of examples, insights, and guidance for both.
Not since World War II has there been as dramatic a shift in the way government does business as what’s happening in the wake of the Great Recession. Public agencies at every level are scrambling to find the resources required to deliver essential services. Hardly a day goes by that a government entity somewhere isn’t proposing privatizing some public obligation.
Nabers, an entrepreneur who spent a decade as a leading public executive in Texas, and who for more than fifteen years has been advising Fortune 100 companies, predicts trillions of dollars of public spending is eventually going to be outsourced, much of it in the form of joint ventures called public-private partnerships (P3s). From city parking garages to state pension fund management, public executives are rethinking how they deliver services, deciding which can be delivered more efficiently in collaboration with private enterprise, and which should be outsourced altogether. This mega-trend, driven by economic necessity, will lead to unprecedented opportunities for innovative companies to create solutions that will help reinvent government and reinvigorate our economy.
Whether you are in business, in government, or simply a curious citizen, you will be surprised by what you learn here about how government operates, what causes it to break down, and about the forward-looking business executives and conscientious public officials who are working together to create a more perfect and collaborative union.
“It is better for the public to procure at the market
whatever the market can supply; because there it is
by competition kept up in quality, and reduced to its
minimum price.” —Thomas Jefferson
About Mary Scott Nabers
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Published May 9, 2012
by Platform Press.
Business & Economics, Political & Social Sciences, Education & Reference.