Senin, 08 Juni 2015

PDF Ebook Designing Games: A Guide to Engineering Experiences

PDF Ebook Designing Games: A Guide to Engineering Experiences

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Designing Games: A Guide to Engineering Experiences

Designing Games: A Guide to Engineering Experiences


Designing Games: A Guide to Engineering Experiences


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Designing Games: A Guide to Engineering Experiences

About the Author

Tynan Sylvester first designed games in 2000. His smallest projects were one-man independent games on which he wrote every line of code and painted every frame of art. His largest was four years at Irrational Games working on BioShock Infinite. Tynan's game design blog is at tynansylvester.com. He likes talking to people, so go ahead and post a comment or email him at tynan.sylvester@gmail.com.

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Product details

Paperback: 416 pages

Publisher: O'Reilly Media; 1 edition (February 24, 2013)

Language: English

ISBN-10: 9781449337933

ISBN-13: 978-1449337933

ASIN: 1449337937

Product Dimensions:

6 x 0.9 x 9 inches

Shipping Weight: 1.2 pounds (View shipping rates and policies)

Average Customer Review:

4.6 out of 5 stars

29 customer reviews

Amazon Best Sellers Rank:

#146,174 in Books (See Top 100 in Books)

Tynan Sylvester is a massively under-appreciated contributor to the art and science of game development and design. Within the first day of reading this book, my buddy and I had major breakthroughs with our game that had been trapped by bad design. We kept looking for what experience we were going for, what story we should tell, or what mechanic we needed to add, without fully appreciating how those are all connected. The first half of this book has completely and permanently changed how I approach game design--for the better. The second half taught me about how to actually manage and design the production of your game. All throughout, his clear and concise writing draws connections between the game-related topics and life in general, making for a remarkably interesting and meaningful read. Maybe I just found this book at the right time, but I can honestly say that this book has been life-changing for me. I'd recommend it to anyone who is interested in improving their ability to make great games. Hopefully future editions will elaborate on how his conclusions have guided the design and production of his game, Rimworld.

This book is amazing. I already want to re-read it. It doesn’t only talk about surface level “how” of game design or crafting, but also the “why” as the philosophy and psychology behind games. I feel like it’s going to be my game design bible for years to come.This book puts into words and solidifies a lot of concepts I’ve been sorta noticing but couldn’t quite put my finger on. For example, the discussion about how people play games not only because they’re “fun,” but because they trigger all sorts of emotions. I wouldn’t describe the all-too-realistic fear of sharks and drowning that Subnautica triggers in me as fun, yet I keep wanting to play it.There’s also a great discussion about elegance of design, which makes me feel like game reviews saying something like “easy to learn, hard to master” are the best praise a dev can get.Finally, the discussions of flow, skill floors/ceilings, and philosophy of balance are the epitome of things I’ve felt with my intuition but haven’t understood really cerebrally. So anyways, great book, if you’re considering buying it, I highly recommend going for it. Well worth full price.

I only have one complaint about this book...it ended. I wanted the author, Tynan Sylvester to go on for at least another 200 pages. Hopefully, one day, he'll write one just talking about all the true and weird stuff that goes on in the games industry.This book is heads and tails above any "classic" game design book or manual. It's the opposite of some of those ivory tower tomes written by those that don't "do" but "teach". It's not a step-by-step manual about how to do good game design. It begins assuming you already have read the many books on those subjects. This is a book about game design in the real world. Instead of a chapter on brainstorming techniques like some books on game design would have you slog through, "Designing Games" says this about brainstorming: (in a chapter called "Knowledge Creation") - After defining brainstorming as a semi-formal process designed to quickly produce a large number of ideas, he says - "Brainstorming is good for generating ideas in volume. It is very bad for refining ideas, and the ideas it produces vary widely in quality."Exactly 6 sentences are devoted to brainstorming. You may not agree and think that brainstorming requires much more discussion, but I loved that choice.The highest compliment that I can give to this book is that it coherently explains exactly why I don't want to work in an organization that creates games and prefer to create/design games on my own. It is exceptionally difficult to Create/Design games within any organization, but Tynan breaks it down every step of the way and gives many, many pointers of how to navigate the potential minefield of getting a "good" game done in a corporate environment. He makes the point more than once that the smaller teams are more likely to make great games. (and that's why I'm still a team of one, even though I wouldn't call my Clutter games "great" by any measure).Basically, it felt like I was talking to an old colleague, who has been in the trenches with me at the various game companies I've worked for. The only difference is that Tynan has way bigger and better experiences than I have.He even covers topics like Motivation, and how it can be affected by success.The last third of the book is the best as it delves more into the "process" of creating a game as opposed to the "craft" part. He talks about what a developer has to do day in and day out to get a game done. He starts by telling us what "busy idiocy" is (basically solving the wrong problems that aren't the real problems and the fake satisfaction of completing unimportant tasks (my words)) and then he sums it up nicely:"In the short term, busy idiocy feels like raging genius."And that's the best compliment I can leave Tynan with. He's a true genius in a sea of raging ones. He can spot "poop and scoop" (buy the book/look it up) a mile away."Designing Games" is wisdom you won't find anywhere else...and if you've been in the trenches of even a small game development team trying to get out "good" product, this book is for you. It's your story and it will make you think about how you make your many choices in both Game Design, and just Game Creation a bit differently.Thanks Tynan, I want that sequel.

Written in a clear concise manner and chock full of valuable information. Writer shows his knowledge in the industry as well as giving you many techniques still in use today. I've applied it to my own programming and designing skills and have improved my games in leaps and bounds.

Very good, especially the section on "elegant" game mechanics. For me, that section alone was worth the price of the book, because it provides several good rules of thumb on what makes a good game mechanic and what doesn't. Whenever I have to make a design choice, I feel I can fall back on these rules and make a better decision.

I have bought this book for my husband and he likes it a lot. I took a peek as well - it is wonderfully written and would be interesting wven for a newbie.

An insightful guide to designing the player's overall gameplay experience, which is a welcome change from books that discuss lower-level elements such as individual gameplay mechanics.

Great resource to learn the theory behind designing games.Elegant design is hard to describe but this book does a pretty good job of it.

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Senin, 01 Juni 2015

PDF Download Maritime Security and MET (Organization of IAMU)

PDF Download Maritime Security and MET (Organization of IAMU)

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Product details

Hardcover: 448 pages

Publisher: WIT Press / Computational Mechanics (October 17, 2005)

Language: English

ISBN-10: 1845640586

ISBN-13: 978-1845640583

Product Dimensions:

6.2 x 1.2 x 9 inches

Shipping Weight: 1.7 pounds (View shipping rates and policies)

Average Customer Review:

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Amazon Best Sellers Rank:

#10,070,958 in Books (See Top 100 in Books)

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Kamis, 21 Mei 2015

Free PDF Merriam-Webster's Vocabulary Builder, Newest Ed, completely revised

Free PDF Merriam-Webster's Vocabulary Builder, Newest Ed, completely revised

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Merriam-Webster's Vocabulary Builder, Newest Ed, completely revised

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Merriam-Webster's Vocabulary Builder, Newest Ed, completely revised


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About the Author

For more than 150 years, in print and now online, Merriam-Webster has been America's leading and most-trusted provider of language information. All Merriam-Webster products and services are backed by the largest team of professional dictionary editors and writers in America, and one of the largest in the world.

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Product details

Mass Market Paperback: 720 pages

Publisher: Merriam-Webster Mass Market; New Edition, completely revised edition (May 1, 2010)

Language: English

ISBN-10: 0877798559

ISBN-13: 978-0877798552

Product Dimensions:

4 x 0.8 x 8.8 inches

Shipping Weight: 9.6 ounces (View shipping rates and policies)

Average Customer Review:

4.4 out of 5 stars

223 customer reviews

Amazon Best Sellers Rank:

#9,901 in Books (See Top 100 in Books)

Great book, perfect for what I needed and yet offers more. I have a pretty extensive English vocabulary and have used vocabulary flash cards in the past. The problem is, it gets harder over time to find useful words. Some are just so long or obscure that I don't find it fruitful to try to memorize or use them. And the rest are already known to me. This book managed to introduce some useful words and also has useful etymological information which further elucidates the real meaning of the word by exploring the history of its origin.

I read a lot, but often the words I read get logged somewhere in the back of my mind so that I understand it (either from school or from the context clues through reading), recognize it when I see it again, but rarely could I use these in conversation. This handy little book is in a format that works well for learning some more advanced vocabulary through using the Latin roots.What I like about this book is that most of the words are words that are understood by most folks, but rarely enter into conversation. It is also handy for writing instead of always going with the Thesaurus. Practicing the words out loud is nice also. If you even look at the excerpt provided, you see the layout of the book and a good example of the kinds of words that you will learn.So why should you get this book? If you are studying for a standardized exam (such as SAT or GRE) then it's a handy reference. But if you are like me, you probably want to expand your vocabulary, though not in a way that makes you sound pretentious or overly verbose. Instead they are words that one might want to be familiar with in everyday speech but words that are not the most common. It is also especially nice if you are familiar with these words but want to get a firm grasp on their proper use.I highly recommend this version due to the amazing format and sheer volume of actual usable words. Take that Dictionary.com word of the day e-mail! (of which 90% of the time are words I will never use) The other nice aid would be a set of GRE or SAT vocabulary flash cards. Though those focus on the most common GRE or SAT words and not necessarily on words one might really want to insert into everyday conversation.

This resource is wonderful for those who want to begin their understanding of word structure, word families, and some historical context for word origins. However, for word aficionados of any post-intermediate level, the work was a bit elementary and trite, without extensive development or explanations. Good for late high school or early college use by those wanting to improve basics word development skills. It was a good reminder for things you might have forgotten. My biggest disappointment in the Kindle version was the end of chapter quizzes that were not efficiently or interactively active-linked to the answers or provided immediate scoring, making this learning-assessment tool cumbersome and taking the worst of both printed and electronic reading options into an nearly unusable resource. With a little development, this might have made the book more engaging and interactive. Oh well!

5 stars for the book and 1 for the print. I ordered this vocabulary builder after reading a library copy. The content is great, the print however, is very low quality. It was printed in May 2017 in the US and many pages, mostly in the end, have imprinted text from following pages. The text is still readable but the appearance is irksome.

What I love most about this book is that most of the words I'm already familiar with when I see them in writing, but I never use them in my own speech and writing. This books helps me understand those words better, especially since every five or so words are grouped under their Latin or Greek origins.The only thing that disappointed me about the book was that the pages are extremely thin and flimsy. I would equate it to a low-quality newspaper. Figured I could use this as a reference for years to come, but seems unlikely. But this might be on par for the course with most mass market paper books, so wouldn't subtract a star for it.

This book is a fun little coffee table book. You can use it to learn from, or you can open it up a day at a time and learn a new word when you're relaxing on the couch.It introduces new words, breaks them down by their constituent parts, identifies related words, and then provides the definitions and how the definitions evolved. Very enjoyable. I'm glad I bought it.

This book has been helping me since I been in school to assist with expanding my vocabulary skills. This book has helped with proficient vocabulary skills within my writing course. Effective writing with the proficiency of utilizing proper vocabulary has been exciting for me. I would highly recommend this book for anyone who is looking to expand their vocabulary.

A great text to read, I look forward to reading a new section each day, the roots really help and the text given helps the terms stick rather than just having a bland definition to memorize.

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Free Ebook Approaches to Teaching Bechdel’s Fun Home (Approaches to Teaching World Literature)

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Product details

Series: Approaches to Teaching World Literature (Book 154)

Paperback: 216 pages

Publisher: The Modern Language Association of America (December 1, 2018)

Language: English

ISBN-10: 1603293590

ISBN-13: 978-1603293594

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6 x 0.8 x 9 inches

Shipping Weight: 10.9 ounces (View shipping rates and policies)

Average Customer Review:

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Amazon Best Sellers Rank:

#727,095 in Books (See Top 100 in Books)

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Sabtu, 18 April 2015

Download PDF A Practical Guide to Linux

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Estimates have it that there are over three million Linux users worldwide because besides Linux being very good, it is free. Linus Torvalds developed Linux and placed it on the Internet protected by "copyleft," which means anyone can use the original source code, but they must also place any developed code in the public domain for others to use. This book is not for computing beginners but is instead for advanced users who are new to installing and running Linux. The book includes an introduction to Linux installation and discussions of file structure, editing, shell programming, and utility programs such as regular expression searching, help, emulators, and POSIX standards.Copyright 1997 Reed Business Information, Inc.

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From the Back Cover

"...I am indebted to Mark for helping me to learn UNIX and now for helping to make Linux accessible to more people...I strongly recommend this book to anyone who is interested in learning and using Linux." Linus Torvalds Father of Linux "Finally, a Linux 'tome' I will recommend to friends. Mark knows Linux well, and presents it clearly. In a book primarily and successfully aimed at new users, he has succeeded in teaching me more about my favorite environment -- and I'm paid to be an expert." Michael K. Johnson Software Developer, Red Hat Software (Former Editor, Linux Journal) This new book by best-selling UNIX author Mark Sobell combines the strengths of a tutorial and those of a reference to give you the knowledge and skills to master Linux. Uniquely designed for both beginners and experienced users, A Practical Guide to Linux requires no prior programming experience. It begins with an extensive tutorial to bring those with less experience up to speed, and then quickly progresses to detailed chapters on GUIs, networking, the vi and emacs editors, three popular shells, programming tools, and system administration. Part two is a comprehensive reference containing descriptions and examples of 87 utilities. The book includes several complete example sessions on downloading and installing Linux-based utilities and other software from the Internet. A Practical Guide to Linux contains: clear, easy-to-read descriptions of 87 utilities with practical examples; detailed coverage of Linux programming tools and concepts, including using the C compiler, make, and source code control systems (rcs and cvs); in-depth discussion of system administration procedures such as backing up the system, monitoring growing files, rebuilding Linux, installing new software and updates, and preventing and fixing problems; thorough shell coverage with chapters on the Bourne Again Shell (bash), the TC Shell (tcsh), and the Z Shell (zsh); examples showing interactive use of the shells as well as shell programming; information on using and customizing the X Window System, including sections on the Mosaic and fvwm window managers; and a comprehensive glossary as well as appendixes covering regular expressions, POSIX standards, and a special Linux help section written as a FAQ. The text is compatible with all Linux distributions, and a companion Web site is maintained by the author to provide assistance in locating on-line Linux documentation, software, news groups, and more (http://www.sobell.com). 0201895498B04062001

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Product details

Paperback: 1072 pages

Publisher: Addison-Wesley Professional; 1 edition (July 5, 1997)

Language: English

ISBN-10: 0201895498

ISBN-13: 978-0201895490

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7.4 x 1.5 x 9.2 inches

Shipping Weight: 3.5 pounds (View shipping rates and policies)

Average Customer Review:

4.2 out of 5 stars

55 customer reviews

Amazon Best Sellers Rank:

#566,132 in Books (See Top 100 in Books)

Mark Sobell's "A Practical Guide to Linux Commands, Editors, and Shell Programming, Second Edition" follows a number of other "Practical Guides" that Sobell has authored on different flavors of Unix and Linux. Its title is quite descriptive, as it does not contain any material on GUIs, networking, printing, and so on.The Good: this is basically two books for the price of one. The 300-page reference section toward the end of the book is very good: it contains tables of command arguments in a visually pleasing layout, specific notes, and on top of that it also includes exactly what the man pages sorely lack: detailed examples! Thus, the command reference in Part V alone is worth buying the book for. Sobell covers 100 utilities, ranging from one-page pointers (e.g. cal, renice, strings, wc) to mini-tutorials (e.g. find, grep, make, pax, sort). The early part of the book is 600 pages long and is intended to be both a tutorial and a reference. Sobell is explicitly trying to be novice-friendly: he has included chapter summaries, exercises (with answers to even-numbered exercises provided on his website), a glossary in an appendix, as well as numerous tables summarizing lessons learned (or about to be introduced). Such tables are scattered throughout the text and in the case of a few chapters (notably the ones on vim and emacs) they are also repeated in the form of very useful chapter summaries. Sobell is very good both at cross-referencing material and at collecting all the relevant information in one place. The first 5 chapters deal with the basics of interactive shell usage and are pedagogically sound, probably more so than the chapters that follow. After that, the author covers two different text editors and two different shells. Though Sobell doesn't seem to favor vim over emacs (or vice versa), in the case of shell programming he is unambiguous: "Do not use tcsh as a programming language ... If you are going to learn only one shell programming language, learn bash." (p. 350). On a different note, Sobell also includes various asides which are perhaps not necessary but are fun to read about, e.g. on the tee or the pstree utilities.The Bad: this book tries to be two things at the same time, tutorial and reference, and succeeds more in the latter than in the former. This is unfortunate: this volume is too elementary for advanced Linux users, yet it may be too difficult for those with limited experience. A few examples of suboptimal pedagogy: a) Sobell seems to have a mix-and-match approach to writing new books, e.g. in chapter 4 the use of fstab and mount comes out of nowhere and is never really explained -- though it is explained in chapter 12 of Sobell's book on Ubuntu. b) Chapter 6 is nominally about the vim text editor, but in reality it's lacking pretty basic stuff (e.g. gg). Sobell seems to be more interested in old-school vi, ignoring vim capabilities like folding, keyword completion, and (most importantly) vim's visual mode. c) The organization of the material is not always sound: e.g. to understand the introduction to bash in chapter 8 one has to read portions of chapter 10 on bash programming. Unfortunately, the same also holds for the first half of chapter 10 itself, in which Sobell repeatedly uses concepts that are introduced in the second half. d) When the author introduces a new tool from scratch (see chapters 12, 13, and 14 on awk, sed, and rsync, respectively) the results are underwhelming: pages upon pages of tables and definitions with all examples postponed until later. e) Even though the book contains a number of errata, as of this writing none of them have been corrected on the author's website. Some of these are potentially grave: for example, on p. 305 Sobell describes (()) by saying that it expands an arithmetic expression, but then on p. 461 he includes a tip box highlighting the distinction between arithmetic expansion, $(()), and arithmetic evaluation, (()). What's even worse, using this book as a reference is also somewhat complicated: since it's purportedly aimed at beginners it is far from complete (e.g. Sobell has nothing to say about the printf builtin), but that doesn't change the fact that one still has to lug around a 1000-page volume.In a nutshell, this an OK introduction to interactive shell usage, but not to shell programming. O' Reilly's tutorial volumes "Learning the bash shell" and "Classic shell scripting" (both of which can be read linearly) are much better when it comes to programming. Even so, the meticulous cross-referencing and the abundance of tables make Sobell's book a decent reference. All in all, 3.5 stars.Alex Gezerlis

Excellent book that will take your linux skills to the next level. Command line is where Linux shines and if you need to know what's under the hood, read this book, either cover to cover or just by chapters that interest you.You'll hear many Linux enthusiasts gladly pointing to free online resources for learning Linux and although there are many, those resources are of varying quality and always fail to go into a deeper discussion accompanied by examples, end up pawing man pages or worse are just echo of somebody else's attempt at writing a Linux walkthrough.This book is primarily practical. Although the opening chapter may seem unnecessary, dealing with history of GNU and Linux, chapters that follow dive deeper and deeper to show you just what is it that makes Linux shell so great.The language in which this book is written makes it an authoritative source. If you ever caught yourself reading the man pages of any Linux utility, you noticed how incredibly terse and hard to understand the language of the man pages can be. The language of this book is just a notch down from the man pages language, it isn't hard on you but it will require your attention all the time as there's very little to none "filler material" and unnecessary repetition.This is not to say that this material is dry and unreadable. The material is not only compiled information on utilities and their roles but author also shows his points in practice and makes you learn not only on how- to's but by contrast as well. I caught myself reading 30 pages at once when I noticed this book on the shelves of the bookstore, just by browsing through the pages.Educative- if you set out to learn as many available commands with their most commonly used handles, the appendices of this book will greatly help you achieve just that since those appendices contain an impressive compilation of commands, their handles and (what most impressed me) what those handles do through examples. No other book or online guide that I've seen so far does that for its reader. Commands discussed aren't only the most popular ones, or the recommended ones for different levels, inside are explanations for commands that are used by more advanced users but explained on a very plain level and through non- trivial examples. That is way past the "hello world" level of online guides.Although you'll probably be mostly interested in the Bash shell part, author discusses other available shells with the more advanced audience in mind (like tcsh and zsh) keeping the same level and depth of discussion, and where necessary, points out how things are done or which equivalent utilities are used in those shells as well as in Bash.What isn't covered here is Linux networking. Everything that is explained pertains to working at an individual Linux workstation. It is assumed that you have an access to a completely configured and successful Linux installation that has all hardware and installation issues resolved. In this day and age, you'd probably want to do a virtual installation of Linux in a virtual machine thereby eliminating possible conflict due to non- compliant hardware.This book helped me a lot while preparing for the Linux Professional Institute Certification level 1, especially for the first of the two exams (LPIC 101) that required exact knowledge of commands and their usage on individual workstations. I successfully passed that exam and those appendices with commands as well as explanations provided throughout the book proved invaluable at exam time.

I'm fairly computer-literate, but have no formal training in Linux. I've picked-up some Linux knowledge (mostly by bothering other employees for help), but had big gaps and never felt comfortable working in the environment. After reading this book, the gaps were filled and, while I'm not an expert, I'm much more comfortable working in with Linux.This book really does have it all. The chapters are well written for newcomers to learn the concepts and commands, plus it has an extensive reference section that puts the "man" pages to shame. The examples are very good, and the cross-references are excellent.I actually bought this book in both print and Kindle formats. The book stays on my desk, while the Kindle travels with me. This is one of the best-formatted Kindle editions of a technical book I have seen to date. The cross-references actually work (and are more critical in the Kindle version than the print). My only complaint with the Kindle version is that some of the examples are a little hard to read as "pictures" on my Kindle 2. Still, some effort has been made to format them (unlike some other books).The bottom line is that if you need work with Linux, this is the book to buy.

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Download Ebook , by Victoria Bampton

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File Size: 45485 KB

Print Length: 646 pages

Publisher: The Lightroom Queen (August 29, 2018)

Publication Date: August 29, 2018

Sold by: Amazon Digital Services LLC

Language: English

ASIN: B07GZ19W3S

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Don't be confused. This may the only manual for the new Lightroom for the cloud. Also it's excellent

Seems to be a great starter for the novice

I've never used photo editing software before, but found that this book was easy to follow and clearly explained terminology, editing concepts and program features.

I’ve been a photographer for very many years and studied at Uni when we actually went into the darkroom and got our hands dirty. Moving to digital photography I eventually learned to use post shooting software and flipped back and forth between Lightroom and Apple’s Aperture. I settled on Lightroom but still struggled with many concepts and it was only when I stumbled across Victoria’s book on Lightroom (The original ‘Classic’ version) that everything became clear and I started to enjoy what I was doing began to learn again.With the advent of CC and the mobile version, I bought Vicoria’s Latest book and again this brought everything into focus (pun fully intended!). She explains the how, and more importantly, the why of all the controls, how the whole cloud infrastructure works and the benefits and downsides of the various versions.That the book is available as both a hard copy (which lives next to my desktop computer for constant reference) and as a regularly updated download, it really is indispensable.There are other, very good, tutors, but Victoria’s style makes everything simple and understandable.I really recommend the book. It’s made my photography and the post shoot developing enjoyable again.

Adobe Photoshop Lightroom CC - Edit Like a Pro is aimed at new users of Lightroom CC, but is also very useful to those of us who use Adobe Lightroom Classic. Starting about 1/3 of the way into the book, Victoria Bampton, the "Lightroom Queen", begins analyzing ordinary images and showing how tweaks can turn them into much stronger images. It's a great way to further your study of how to make your images better. The edits suggested in the book for sample images have shown me that more edits are possible for my own images, to make them much stronger. Mastering photography is a lifetime pursuit, at least for me, and learning new ways to look at images, see features in the images that make them weaker, and the Lightroom possibilities to strengthen my own images is the essence of good photography. We never stop learning.

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I purchased Victoria’s previous book “Adobe Lightroom Classic CC FAQ”, and found it to be a valuable, well written and informative reference book. It sits next to my computer and I have the ebook copy on my tablet. When she offered a similar book for cloud based “Adobe Lightroom CC” that also included suggestions to improve and optimize my post processing I jumped on it with both feet. I am very pleased with my purchase. I strongly recommend this book for anyone seeking to improve the quality of their photographs. I normally shoot with my DSLR but now I am also using LR CC on my iPad to supplement my digital photography experience.

But this is the best one, by far. Concise yet hitting all the key areas. Well written and organized. It has a "Fast Track" that points you to different portions of the book to address key aspects of the program to get started. I really liked that. In addition, she is really easy and pleasant to deal with over the internet, and provides updates that keep track with the program. What more can you ask for? This is now my go-to book for Lightroom.

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Jumat, 20 Maret 2015

Free Ebook Creating Value Through Corporate Restructuring: Case Studies in Bankruptcies, Buyouts, and Breakups

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Creating Value Through Corporate Restructuring: Case Studies in Bankruptcies, Buyouts, and Breakups

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Nearly a decade has passed since Creating Value through Corporate Restructuring was originally published. During this time, the business and financial world has faced incredible challenges, and the practice of corporate restructuring has been transformed in a number of significant ways. That's why Harvard Business School Professor Stuart Gilson, one of the leading corporate restructuring experts in the United States and a consultant to numerous companies, has created the Second Edition of this bestselling book. Emphasizing learning through analysis of real-world case studies, the book is organized around three modules, each highlighting a particular area of restructuring, including the restructuring of debt and liabilities, equity and assets, and employees' claims. By giving you a unique "insider's" perspective on these cases, this reliable resource will help you develop a deeper understanding of the restructuring process and how it impacts corporate financial performance and value. Featuring thirteen additional new case studies and technical chapters, this book will equip you with the insights and tools that you will need to capitalize on future restructuring challenges and opportunities, and to create value for your shareholders and other constituencies. In addition to addressing new strategies and practices in corporate restructuring, the new cases in this book highlight a number of important industry sectors that have been particularly hard hit by economic turmoil—including retailing (Kmart), technology (Arch Wireless Communications and Seagate Technology), finance (The Finova Group), and auto manufacturing (Delphi). Along the way, other case studies will provide you with valuable insights into issues such as the investment strategies used by hedge funds to trade in the debt of distressed companies (Kmart), the increasing use of Chapter 11 as a platform for auctioning off bankrupt firms' assets (Adelphia Communications), credit derivatives (Delphi Corp. and the Credit Derivatives Market), corporate restructuring practices outside the United States (Groupe Eurotunnel S.A. and Buenos Aires Embotelladora S.A.), and equity split-offs, equity carve-outs, and share repurchases (DuPont). Based on interviews with executives, investment bankers, attorneys, creditors, investors, and other key participants, the cases found here involve some of the most innovative, complex, and controversial restructurings of the past two decades, and represent a broad cross-section of management and restructuring challenges. Engaging and informative, they offer an inside look at how a corporate restructuring actually gets done, and how restructuring could financially impact a company and those associated with it. As global markets continue to become more integrated and competitive, corporate restructuring will play an increasingly important role in how companies create value. With the Second Edition of Creating Value through Corporate Restructuring as your guide, you'll discover how to effectively weigh your restructuring options and choose the best path forward.

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Praise for Creating Value through Corporate restructuring second edition "Professor Stuart Gilson's Creating Value through Corporate Restructuring, Second Edition is a 'must-have' reference guide for beginners and experienced professionals alike. The use of case studies illustrates critical elements of restructuring transactions, from valuation techniques (and their use as a tactical tool in bankruptcy), to the objectives and behavior of vulture investors in distressed situations, to the handling of competing claims to the treatment of tax loss carry forwards, and much more. Comprehensive, fact filled, and really useful!" —Henry S. Miller, Chairman, Miller Buckfire & Co., LLC "This book is the gold standard for learning and teaching about corporate restructuring. Gilson's notes and cases are classic and contemporary. With the economic turbulence of recent years, Gilson's lessons here have only grown in importance." —Robert F. Bruner, Dean and Charles C. Abbott Professor of Business Administration, Darden School of Business, University of Virginia "Gilson's book presents the Harvard case study method at its best—practical, insightful, and deliciously interesting. The competing perspectives of the CEOs, investment bankers, attorneys, investors, labor union leaders, and others who lived these cases day by day bring the stories to life. It's a great read." —Elizabeth Warren, Leo Gottlieb Professor of Law, Harvard Law School, Harvard University "From my perspective as one of the early pioneers and real-world practitioners of corporate restructuring and crisis management during the past three decades, Professor Gilson's work provides an important resource for professionals in the business, legal, and academic communities, as well as in the government sector."? ? —Tony Alvarez II, co–Chief Executive Officer, Alvarez & Marsal "Professor Gilson has once again captured the multilateral dynamism that is the core of rescue and restructuring throughout the world. This volume encompasses a broad spectrum of crises facing an enterprise and its management and, in each case, identifies the central players and their agendas, as well as an assessment of potential techniques or tools available for constructive resolution. It is a marvelous and thought-provoking read!" —Corinne Ball, Partner, Jones Day

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Product details

Hardcover: 848 pages

Publisher: Wiley; 2 edition (April 5, 2010)

Language: English

ISBN-10: 0470503521

ISBN-13: 978-0470503522

Product Dimensions:

6.4 x 1.8 x 9.1 inches

Shipping Weight: 2.7 pounds (View shipping rates and policies)

Average Customer Review:

3.5 out of 5 stars

32 customer reviews

Amazon Best Sellers Rank:

#147,974 in Books (See Top 100 in Books)

I think it's worth an ALERT: this is a case book and let me be clear, there is only an array of cases (facts, financial statements, description of situation), no studies.Hence it's a waste of time if you are trying to self-study. There is nothing to learn in this book, unless you are in the author's class that uses this book as the teaching material. To make up for that learning experience, you need the group discussion and the teaching, which is only available in the classroom. The book facts are 5% of the value of the course.The correct name of the book should be : case materials for HBS corporate structuring course, no studies included.100% Avoid if you are buying for self study.Again, I don't care if this book is meant to be used in the classroom and "therefore the author cannot reveal the solutions". As customers, I feel cheated and as seller and writer, it should be their responsibilities to make it clear what the book is and is not. I bought this and shipped it to Asia paying 50 bucks of shipping fee and I think it's fair to say I'm cheated.

This book is exceptional. It starts with providing the reader with the basics of distressed situations: the parties involved in restructuring, academic research regarding investment returns, the bankruptcy process, etc.The remainder of the book in primarily composed of case studies grouped into three categories (1) liability restructuring, (2) asset/equity restructuring, and (3) restructuring employee's claims. The cases are exceptionally well written.Many reviewers complain that the book would be better with a supplement that discusses "solutions" to the cases. I agree, those would be nice to have. However, the author uses his book to conduct his Harvard MBA course on restructuring. The value of the cases would obviously be compromised if answers were released. Maybe he will do so when he retires.For those interested in restructuring, the following is a list of my favorite books organized by subject area.Bankruptcy process:1. The Executive Guide to Corporate Bankruptcy - Legal text with comprehensive coverage on the bankruptcy processStrategies of distressed investors:1. The Art of Distressed M&A - Good book for strategic buyers who want to purchase the company or a business unit prior to bankruptcy or through a section 363 transaction during bankruptcy2. Distressed Debt Analysis - Good book for hedge fund managers who are looking to purchase distressed debt usually to extract short-term profits. Structural arbitrage is only briefly discussed.Turnaround Management:1. Corporate Recovery - Discusses how to turnaround companies nearing, but not in, bankruptcy2. Corporate Turnaround - Discusses how to turnaround companies nearing, but not in, bankruptcyAccounting for Restructuring:Advanced Accounting by Hoyle, Schaefer, Doupnik - Excellent coverage of fresh start accounting and NOL preservation. Note that only one chapter in the book covers bankruptcy accounting but this will be the same for all advanced accounting texts.Note, Principles of Corporate Renewal and The Vulture Investors are supposed to good as well but I have not read them yet.

This is a TERRIFIC book, but it is a collection of terrific case studies and by that I mean the kind of case studies you would use in an MBA program. There are no conclusions drawn or analysis of the case or even questions to think about. There is also no follow up on the corporations included and how their plans were actually implemented or if they survived.However, the cases are divided up into three parts and each part has a short essay that introductes the general theme for the cases and offers a paragraph summary of each case. There is also a reding list of academic papers and books that can be used to delve deeper on that parts topic. This does add real value to this book.Just like in b-school, you are expected to dig, dig, dig. And this is a good thing. Don't get me wrong. You will learn more by asking yourself questions about what all the information means. And if you are an experienced case reader you will pretty much know what you should go after. And these cases have a extremely useful financials associated with them (analyzing these is where the real payoff is). You can do a lot of the follow up on your own by digging through Internet resources such as WSJ, Yahoo, and Hoovers, etc.Just don't expect any easy conclusions in the book because it is designed for use in class so all of the conclusions have to be held back or the cases become useless for teaching. However, since discussion of cases is the best place to get new insights above your own analysis, it would be GREAT if the publisher or the author put up a website where purchasers of this book could discuss the cases with each other.Maybe this would be the same problem as publishing analysis. However, my only frustration with this wonderful book is that even though I have gotten a great deal from it and will continue to benefit from it as a resource text for years to come, I KNOW I could get more out of it by discussing it with others. Each of these cases would be terrific for class use.The cases are all five star. I gave the book four stars only because of my personal frustrations in not being able to get other discussion about the cases and because of its very specialized topic. If you are interested in this topic and understand what cases are and are not - then for you this is a five star book.

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