Download or read book Corporate Management of Diversified Companies Information Demand and Information Processing written by Nicolas Rabener and published by diplom.de. This book was released on 2005-08-18 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inhaltsangabe:Abstract: The ultimate management challenge is said to be the management of a conglomerate. Diversified companies, especially conglomerates, are complex organisations that in the larger cases resemble full-blown economies, rather than firms. They develop internal capital markets with billion dollar budgets, enormous internal labour markets, and often a decent amount of bureaucracy. The International Telephone and Telegraph Corporation (ITT) owned more than 150 businesses in the 1960s, ranging from electronics to insurance companies, with operations across the globe. The architect of ITT, Harold Greneen, once acquired 20 unrelated business in a single month and was strongly convinced that sound management principles could be applied to any type of business. He believed that information was key to good management. During his reign earnings increased a 100 consecutive quarters and seemed to support this management belief. In the late 1960s, earnings did not increase any longer and the stock price lost significantly in value. By the early 1980s the company was already heavily involved in deconglomeration and had divested more than a 100 businesses. ITT was not the only diversified company in the 1980s that was on the search for focus. The conglomerate strategy went out of fashion with investors, due to poor performance associated with this strategy. The result was a conglomerate discount of an average 15 percent on the stock market that persists until today. Despite this investor aversion, some companies continued the conglomerate path and managed to be highly successful at the same time. General Electric has a broad product portfolio, which contains electronics and insurance businesses, too, and is currently the most valuable company in the world in terms of market capitalisation. Warren Buffet s Berkshire Hathaway, Citigroup or Virgin are diversified as well and have created substantial value for their owners. These and other successful diversifiers have mastered managing the diversified company. Diversification has been studied in strategic management, finance, economics, organisations theory and other subjects. Each of these subjects views the duties of corporate management of a diversified company slightly different. Combining the views yields an integrated approach for managing a diversified company. First is the management of the corporate portfolio that includes a selection of businesses that are desired and a continuous [...]
Download or read book Downscoping written by Robert E. Hoskisson and published by Oxford University Press. This book was released on 1994-09-01 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: Large, diversified firms face unique challenges as they compete worldwide, and corporate restructuring is one way multinationals strive for competitive advantage. Weighing the pros and cons of a variety of approaches to restructuring, Downscoping offers executives a clear, strategic path through the maze. The authors show that when a multinational conglomerate fails to compete effectively, too much diversification may be the culprit. Whether the result of weak corporate governance or poor corporate strategy, over-diversification can make managers, unfamiliar with some of the markets in which they compete, opt for safety over innovation. This risk-aversion and lack of long-range commitment to innovation lead inevitably to stagnation over the longer term. The answer is not downsizing--closing offices and laying off personnel--but downscoping: a strategic approach to restructuring. The options include incentive and compensation adjustments for executives, leveraged buy-outs and capital structure changes, focusing on core skills, diversifying internationally while focusing on businesses in which a firm has strong competencies, and buying and selling mature businesses where product development is not a great concern. Regardless of the approach, executives must exercise strategic leadership during and after restructuring, including providing strategic direction, exploiting core competencies, developing human capital, and sustaining the corporate culture. Based on systematic research rather than casual observation, Downscoping provides a strong description of restructuring alternatives and their resulting tradeoffs. Its specific guidelines for maintaining competitiveness will be essential reading for managers involved in corporate restructuring.
Download or read book International Business Strategic management of multinationals written by Alan M. Rugman and published by Taylor & Francis. This book was released on 2002 with total page 498 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive four volume set includes all major contributions to the field of international business. It also includes key writings in the areas of international political economy and on regional and national issues.
Download or read book The Management of Corporate Acquisitions written by Alessandro Sinatra and published by Springer. This book was released on 2016-07-27 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt: Finally! A comprehensive volume on the management of corporate acquisitions that summarizes contemporary research, and that moves what we know about acquisition management a step further. The book encompasses innovative works from several countries, related to a variety of issues; managerial motives, the role of acquisitions in competitive strategy, as well as organizational and political processes. Unlike several other works on acquisitions, this book emphasizes the most critical issue faced by managers today; how to manage successfully already acquired companies and operations. Both researchers, managers and students of strategy and organization will find this book an important supplement.
Download or read book Strategic Management Competitiveness and Globalisation written by Dallas Hanson and published by Cengage AU. This book was released on 2016-09-29 with total page 608 pages. Available in PDF, EPUB and Kindle. Book excerpt: With an emphasis on global advantage, the text offers a comprehensive examination of regional and international issues to provide a complete, accurate and up-to-date explanation of the strategic management process. New coverage on environmental concerns and emerging technologies as well as examples and cases from Australia, New Zealand and Asia-Pacific serve to engage students while updated international content demonstrates how strategic management is used in the global economy. The text takes a 'resource-based' approach, which requires the examining of a firm's unique bundling of its internal resources. This text is appropriate for upper-level undergrad, usually third year; post grad in Masters courses.
Download or read book Current Topics in Management written by M. Afzalur Rahim and published by Routledge. This book was released on 2018-02-06 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Current Topics in Management presents basic research on the theory and practice of management and administration. Volume 12 contains eleven contributions divided into four sections. The editor explains the volume in Chapter 1, while the other chapters were the survivors of competitive reviews of 124 submissions to the thirteenth annual International Conference on Advances in Management held at Lisbon, Portugal.Part 1, "Managing Evolution and Transformation" contains three chapters that deal with organizational transformation through reengineering for improving business processes, an organizing framework for the emergence of new organizational forms, and concepts and forms of "do-it-yourself" in organizations which involve creative use of resources to deal with a problem. Part 2, "Managing Inappropriateness" deals with some unusual situations: managing global imbalances that require cooperation and commitment from all countries and one of the most important contemporary phenomena--misrepresentation or radical distortion of reality. Part 3, "Issues in Strategic Management" focuses on the relationships of board of directors' attributes, conflict, and shared mental models to board effectiveness, controlling CEO compensation through an independent board of directors, and ecologically responsive behavior of corporate actors.The final part, "Entrepreneurship and Behavior in Organizations" concentrates with an opportunity-based approach to the theory and research in entrepreneurial discovery research; a study of the moderating effects of goal commitment, task feedback, and reward for competence on the relationship between work overload and creativity; and guidelines to managers for the diagnosis of the spiritual health and intervention to enhance spirituality at work.This volume will be of interest to corporate libraries, advanced students in management and administration, economists, and labor studies specialists. It is the official publication of the Center for Advanced Studies in Management
Download or read book Strategic Leadership written by Sydney Finkelstein and published by Strategic Management. This book was released on 2009 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book integrates and assesses the vast and rapidly growing literature on strategic leadership, which is the study of top executives and their effects on organizations. The basic premise is that in order to understand why organizations do the things they do, or perform the way they do, we need to deeply comprehend the people at the top-- their experiences, abilities, values, social connections, aspirations, and other human features. The actions--or inactions--of a relatively small number of key people at the apex of an organization can dramatically affect organizational outcomes. The scope of strategic leadership includes individual executives, especially chief executive officers (CEOs), groups of executives (top management teams, or TMTs); and governing bodies (particularly boards of directors). Accordingly, the book addresses an array of topics regarding CEOs (e.g., values, personality, motives, demography, succession, and compensation); TMTs (including composition, processes, and dynamics); and boards of directors (why boards look and behave the way they do, and the consequences of board profiles and behaviors). Strategic Leadership synthesizes what is known about strategic leadership and indicates new research directions. The book is meant primarily for scholars who strive to assess and understand the phenomena of strategic leadership. It offers a considerable foundation on which professionals involved in executive search, compensation, appraisal and staffing, as well as board members who evaluate executive performance and potential, might build their tools and perspectives.
Download or read book Leading Organizations written by Gill Robinson Hickman and published by SAGE. This book was released on 2010 with total page 697 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Second Edition of Leading Organizations offers an expanded focus on the fluid roles of leaders and participants (followers) and their mutual responsibility for organizational leadership. Like the first edition, this text contains chapters on implementing the organization's mission, structure, culture and strategy written by leading scholars in the fieild. New features include: - Strategic leadership - Virtual leadership - Leadership, organizational change, and conflict - Building a culture of leadership
Download or read book Computational Analysis of Firms Organization and Strategic Behaviour written by Edoardo Mollona and published by Routledge. This book was released on 2010-09-13 with total page 492 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses possible applications of computer simulation to theory building in management and organizational theory. The key hypothesis is that modelling and computer simulation provide an environment to develop, test and articulate theoretical propositions. In general, computer simulation provides an experimental environment where researchers are able to play with symbolic representations of phenomena by modifying the model’s structure and activating or deactivating model’s parameters. This environment allows to both generating hypotheses to ex post explain observed phenomena or to ex ante generate distributions of unrealized events thereby envisioning areas for further empirical investigations. Under a methodological perspective, the volume investigates logics and techniques to design a research strategy grounded on computer simulation. In particular, the articles in the book concentrate on two different techniques, and philosophies, to set up a simulation study: System Dynamics, which is grounded on differential equations and feedback theory, and agent-based modeling. The book describes how computer simulation helps to look into research issues typical to strategic management and organizational theory. In this respect, such themes as firms’ diversification strategies, competitive strategy, rivalry and the impact of role dynamics on organizational performances are explored through the lenses of computer simulation models.
Download or read book Proceedings of the 2022 2nd International Conference on Financial Management and Economic Transition FMET 2022 written by Vilas Gaikar and published by Springer Nature. This book was released on 2023-02-10 with total page 830 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an open access book. As a leading role in the global megatrend of scientific innovation, China has been creating a more and more open environment for scientific innovation, increasing the depth and breadth of academic cooperation, and building a community of innovation that benefits all. Such endeavors are making new contributions to the globalization and creating a community of shared future. FMET is to bring together innovative academics and industrial experts in the field of Financial Management and Economic to a common forum. We will discuss and study about Financial marketing, Corporate finance, Management and administration of commercial Banks, International trade theory and practice, Economy and foreign economic management, Economic information management and other fields. FMET 2022 also aims to provide a platform for experts, scholars, engineers, technicians and technical R & D personnel to share scientific research achievements and cutting-edge technologies, understand academic development trends, expand research ideas, strengthen academic research and discussion, and promote the industrialization cooperation of academic achievements. To adapt to this changing world and China's fast development in the new era, 2022 2nd International Conference on Financial Management and Economic Transition to be held in August 2022. This conference takes "bringing together global wisdom in scientific innovation to promote high-quality development" as the theme and focuses on cutting-edge research fields including Financial Management and Economic Transition. FMET 2022 encourages the exchange of information at the forefront of research in different fields, connects the most advanced academic resources in China and the world, transforms research results into industrial solutions, and brings together talent, technology and capital to drive development. The conference sincerely invites experts, scholars, business people and other relevant personnel from universities, scientific research institutions at home and abroad to attend and exchange!
Download or read book Corporate Level Strategy written by Olivier Furrer and published by Routledge. This book was released on 2010-10-04 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Corporate Level Strategy, Furrer guides the reader in developing the ability to consider the impact of change and other important environmental forces on the opportunities for establishing and sustaining competitive advantage in diversified corporations as a whole.
Download or read book Competitive Advantage written by Michael E. Porter and published by Simon and Schuster. This book was released on 2008-06-30 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt: Now beyond its eleventh printing and translated into twelve languages, Michael Porter’s The Competitive Advantage of Nations has changed completely our conception of how prosperity is created and sustained in the modern global economy. Porter’s groundbreaking study of international competitiveness has shaped national policy in countries around the world. It has also transformed thinking and action in states, cities, companies, and even entire regions such as Central America. Based on research in ten leading trading nations, The Competitive Advantage of Nations offers the first theory of competitiveness based on the causes of the productivity with which companies compete. Porter shows how traditional comparative advantages such as natural resources and pools of labor have been superseded as sources of prosperity, and how broad macroeconomic accounts of competitiveness are insufficient. The book introduces Porter’s “diamond,” a whole new way to understand the competitive position of a nation (or other locations) in global competition that is now an integral part of international business thinking. Porter's concept of “clusters,” or groups of interconnected firms, suppliers, related industries, and institutions that arise in particular locations, has become a new way for companies and governments to think about economies, assess the competitive advantage of locations, and set public policy. Even before publication of the book, Porter’s theory had guided national reassessments in New Zealand and elsewhere. His ideas and personal involvement have shaped strategy in countries as diverse as the Netherlands, Portugal, Taiwan, Costa Rica, and India, and regions such as Massachusetts, California, and the Basque country. Hundreds of cluster initiatives have flourished throughout the world. In an era of intensifying global competition, this pathbreaking book on the new wealth of nations has become the standard by which all future work must be measured.
Download or read book The Past Present and Future of International Business and Management written by Timothy Devinney and published by Emerald Group Publishing. This book was released on 2010-07-27 with total page 668 pages. Available in PDF, EPUB and Kindle. Book excerpt: A volume that concentrates on the substantive gaps in the IB/IM field and addresses whether these gaps are resolvable with the theoretical and methodological toolkit.
Download or read book Signal and Information Processing Networking and Computers written by Songlin Sun and published by Springer Nature. This book was released on 2022-10-12 with total page 1294 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book collects selected papers from the 9th Conference on Signal and Information Processing, Networking and Computers held online, in December, 2021. The book focuses on the current works of information theory, communication system, computer science, aerospace technologies, big data and other related technologies. Readers from both academia and industry of this field can contribute and find their interests from the book.
Download or read book Information Processing and Management of Uncertainty in Knowledge Based Systems written by Davide Ciucci and published by Springer Nature. This book was released on 2022-07-04 with total page 807 pages. Available in PDF, EPUB and Kindle. Book excerpt: This two-volume set (CCIS 1601-1602) constitutes the proceedings of the 19th International Conference on Information Processing and Management of Uncertainty in Knowledge-Based Systems, IPMU 2021, held in Milan, Italy, in July 2022. The 124 papers were carefully reviewed and selected from 188 submissions. The papers are organized in topical sections as follows: aggregation theory beyond the unit interval; formal concept analysis and uncertainty; fuzzy implication functions; fuzzy mathematical analysis and its applications; generalized sets and operators; information fusion techniques based on aggregation functions, pre-aggregation functions, and their generalizations; interval uncertainty; knowledge acquisition, representation and reasoning; logical structures of opposition and logical syllogisms; mathematical fuzzy logics; theoretical and applied aspects of imprecise probabilities; data science and machine learning; decision making modeling and applications; e-health; fuzzy methods in data mining and knowledge discovery; soft computing and artificia intelligence techniques in image processing; soft methods in statistics and data analysis; uncertainty, heterogeneity, reliability and explainability in AI; weak and cautious supervised learning.
Download or read book Signal written by and published by . This book was released on 2004 with total page 920 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Academy of Management Journal written by Academy of Management and published by . This book was released on 1988 with total page 1014 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focus on management theory and practice
