Download or read book Diversification Refocusing and Economic Performance written by Constantinos Markides and published by MIT Press. This book was released on 1995 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work examines the causes and consequences of the "refocusing" phenomenon, where companies have stopped diversifying and begun focusing once more on their core product lines. Coverage includes a discussion of the effects of refocusing on market value, profitability and organizational structure.
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 Diversification Industry Dynamism and Economic Performance written by Matthias Knecht and published by Springer Science & Business Media. This book was released on 2013-07-01 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: The decision to diversify lies at the core of corporate strategy and is one of the most important decisions for top management. Matthias Knecht introduces a new perspective on corporate diversification that extends the academic discussion and reveals substantial new insights with regards to one of the most pressing questions in strategic management: what makes a diversification strategy successful? The author introduces the dynamism of industries as the dominant force in the firm’s environment that influences the organization on all levels. Due to strategic, organizational, and managerial similarities of businesses competing in similar dynamic environments, synergistic benefits and superior economic performance can be realized through the combination of dynamic-related businesses in the corporate portfolio. This study provides a quantitative, multidimensional operationalization of industry dynamism and an in-depth assessment of the dynamism of a wide range of industries. At the core of the study lies the investigation of the performance impact of dynamic-related diversification strategies. The results provide new insights into successful portfolio construction strategies in the face of today’s dynamic environments.
Download or read book Creating Value in Financial Services written by Edward L. Melnick and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 486 pages. Available in PDF, EPUB and Kindle. Book excerpt: Creating Value in Financial Services is a compilation of state-of-the-art views of leading academics and practitioners on how financial service firms can succeed in today's competitive environment. The book is based on two conferences held at New York University: the first, `Creating Value in Financial Services', held in March 1997, and the second, `Operations and Productivity in Financial Services', in April 1998. The book is essentially designed to be a compendium of leading edge thinking and practice in the management of financial services firms. There is no book today that has this focus. It contains ideas that can apply to other service industries. Topics addressed are increasingly important worldwide as the financial services industries consolidate and search for innovative new directions and ways to create value in a fiercely competitive environment.
Download or read book Standing On The Shoulders Of International Business Giants In Memory Of Yair Aharoni written by Arie Y Lewin and published by World Scientific. This book was released on 2024-03-04 with total page 522 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book serves as an introductory volume to Yair Aharoni's remarkable impact on international business (IB) research. Most IB researchers will be familiar with at least one aspect of his work, but relatively few will be familiar with his broader body of work, as it spans so many of the issues addressed today in IB and strategy. This book aims to introduce readers to the depth and breadth of his impact.Unquestionably a founder of the IB field, over the course of his long career, Aharoni influenced its earliest development and, driven by a deep connection to policy and managerial practice, continually challenged conventional thinking on IB and strategy. He generated seminal insights into many aspects of why and how firms internationalize, including managerial decision-making processes, the strategies employed by state-owned enterprises, the interaction between firms and governments, and the foreign expansion of firms — including small- and medium-sized enterprises (SMEs) and those operating in the service sector — based in small and open economies. His research contributed to several salient research directions, including the behavioral theory of the firm, emerging-market multinationals, international entrepreneurship, the service economy, and non-market strategies.Aharoni was also an influential educator, having served as the founding dean of two top business schools in Israel. He was deeply engaged with the Israeli business environment — particularly senior executives of start-up companies — and a highly-valued advisor to the Israeli government. In honor of these contributions, Aharoni was the first management scholar in Israel, to be awarded the prestigious Israel Prize in 2010. Few scholars have had such meaningful impact on research, practice, and policy.
Download or read book Capitalizing on Change written by Stanley Buder and published by Univ of North Carolina Press. This book was released on 2009 with total page 557 pages. Available in PDF, EPUB and Kindle. Book excerpt: Americans love "this year's model," relying on the "new" to be always "improved." Enthusiasm for the new, says Stanley Buder, is essential to American business, where innovation and change stoke the engines of economic energy. To really understand the his
Download or read book European Cities and Global Competitiveness written by Peter Karl Kresl and published by Edward Elgar Publishing. This book was released on 2012-09-30 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: Europe is in a troubled state. The macroeconomic situation looks grim, national governments are close to dysfunction, and Europeans are facing austerity and relative decline. The one bright spot on the horizon is the potential for positive action at the level of the city and urban regions. In this book, the editors have assembled a collection of original contributions by scholars from Europe, North America and Asia who offer insights as to how local authorities in Europe might be able to chart a course for their city or urban region during this period of extraordinary difficulty. The volume begins with an Introduction, followed by a set of three papers in Part Two examining European urban competitiveness from the standpoints of measurement and policy. This section also provides a case study of the cities of one country _ Italy _ from which the reader can gain an understanding of the current position of European cities as well as what might be possible going forward. Experience has shown that perhaps the most crucial element in competitiveness enhancement is good and effective governance. To that end, Part Three examines structural aspects of urban government, including polycentric regions, wide metropolitan cooperation, the role of social actors and territorial aggregation. Part Four treats issues of innovation from two perspectives and provides a case study from Eindhoven, while also covering social issues such as demographics, participation, social exclusion and mobility. This set of scholarly reflections will be of considerable benefit to urban practitioners, researchers and students of public policy.
Download or read book The European Corporation written by Richard Whittington and published by Oxford University Press, USA. This book was released on 2002 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: The evolving strategies and structure of large European firms are examined in a comparative and historical context, and in the context of a range of hypotheses associated with Alfred Chandler.
Download or read book Handbook of Strategy and Management written by Andrew M Pettigrew and published by SAGE. This book was released on 2006-04-27 with total page 542 pages. Available in PDF, EPUB and Kindle. Book excerpt: Now available as a 60 day review copy in Paperback! ISBN: 1-4129-2121-X"Finally! We have a comprehensive, reflective and critical overview of the field of strategy in the new Handbook of Strategy and Management." -Cynthia Hardy, Head of Department of Management, University of Melbourne Presenting a major retrospective and prospective overview of strategy, this Handbook is an important benchmark volume for management scholars worldwide. The Handbook frames, assesses and synthesizes the work in the field. Chapters are grouped under four specific areas of strategy and management: Mapping a Terrain; Thinking and Acting Strategically; Changing Contexts; and Looking Forward. Within these parts, leading international scholars provide historical overviews of the key themes, address the central approaches which have characterized these themes, critically assess the quality of current theory and knowledge, and set out agendas for future theoretical and empirical development. The resulting volume is a unique overview of the inputs and dynamics to shape strategy and management and will be crucial reference for academics and students.
Download or read book Valuation of Companies in Emerging Markets written by Luis E. Pereiro and published by John Wiley & Sons. This book was released on 2002-11-12 with total page 529 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive guide focusing on the valuation issues for emerging markets Valuation of Companies in Emerging Economies takes a practical, step-by-step approach to valuing both public and closely held companies in emerging economies for merger or acquisition purposes. These extremely volatile markets present their own special set of challenges, which often differ from country to country. The author provides real world, best valuation practices in both developed and emerging markets and offers links to relevant Internet resources to provide CEOs, CFOs, venture capitalists, and financial analysts with the information they need to accurately value companies around the world. Luis E. Pereiro (Buenos Aires, Argentina) is a consultant who has steered several strategic change projects in multinational corporations such as Bank of America, Union Carbide, and Nissho Iwai. He is Interim Dean of the Universidad Tocuato Di Tella, Buenos Aires, as well as Director of its MBA program and Director of the Center for Entrepreneurship and Business Venturing. His numerous articles have appeared in many prestigious business journals and books. Over the years, financial professionals around the world have looked to the Wiley Finance series and its wide array of bestselling books for the knowledge, insights, and techniques that are essential to success in financial markets. As the pace of change in financial markets and instruments quickens, Wiley Finance continues to respond. With critically acclaimed books by leading thinkers on value investing, risk management, asset allocation, and many other critical subjects, the Wiley Finance series provides the financial community with information they want. Written to provide professionals and individuals with the most current thinking from the best minds in the industry, it is no wonder that the Wiley Finance series is the first and last stop for financial professionals looking to increase their financial expertise.
Download or read book Competence Governance and Entrepreneurship written by Nicolai J. Foss and published by Oxford University Press, USA. This book was released on 2002 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume brings together prominent voices on competence, governance, and entrepreneurship to advance and stimulate economic strategy research. By pooling and mobilizing intellectual resources of both competence and governance perspectives, the contributions show that an innovative joint venture between these two main perspectives can lead to a new avenue of future research on strategic issues such as 'corporate growth', 'interfirm cooperation', and 'corporate entrepreneurship.'
Download or read book Guide to Management Ideas and Gurus written by Tim Hindle and published by John Wiley & Sons. This book was released on 2008-09-01 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Good management is a precious commodity in the corporate world. Guide to Management Ideas and Gurus is a straight-forward manual on the most innovative management ideas and the management gurus who developed them. The earlier edition, Guide to Management Ideas, presented the most significant ideas that continue to underpin business management. This new book builds on those ideas and adds detailed biographies of the people who came up with them-the most influential business thinkers of the past and present. Topics covered include: Active Inertia, Disruptive Technology, Genchi Genbutsu (Japanese for "Go and See for Yourself"), The Halo Effect, The Long Tail, Skunkworks, Tipping Point, Triple Bottom Line, and more. The management gurus covered include: Dale Carnegie, Jim Collins, Stephen Covey, Peter Drucker, Philip Kotler, Michael Porter, Tom Peters, and many others.
Download or read book Integrity in Organizations written by W. Amann and published by Springer. This book was released on 2012-12-02 with total page 1041 pages. Available in PDF, EPUB and Kindle. Book excerpt: Goes beyond the call for more humanistic management in the aftermath of a series of corporate scandals and the recent financial crisis, and offers advice on how we can build more humanistic organizations with the help of integrity. The authors shed light on leadership, governance and further implementation issues.
Download or read book The Economics and Management of Technological Diversification written by John Cantwell and published by Routledge. This book was released on 2004-04-22 with total page 381 pages. Available in PDF, EPUB and Kindle. Book excerpt: And conclusionsFurther bibliography; Index.
Download or read book All the Right Moves written by Constantinos Markides and published by Harvard Business Press. This book was released on 2000 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annotation Markides (chairman, strategic and international management department, London Business School) contends that the essence of business strategy is to allow a company to create and exploit a unique strategic position in industry, and helps managers zero in on critical choices that lie at the heart of all innovative strategies. He approaches strategic thinking as a creative process, and poses key questions for readers to ask as he guides them through a framework for developing strategic thinking skills.
Download or read book Success Factors of Corporate Spin Offs written by Alexander Tübke and published by Springer Science & Business Media. This book was released on 2004 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corporate Spin-Off processes are very interesting phenomena formanagement theory and practice. In theory, Corporate Spin-Offs areboth a driver and a result of organisational change, offering thepossibility to investigate an area where companies are genuinelysharing experience and best practice. Although Corporate Spin-Offs canbe clearly distinguished from other types of start-ups and divestmentsand despite combining key-characteristics in a unique way, existinginvestigation is sparse and heterogeneous. In practice, CorporateSpin-Off processes are frequent and highly successful, but not aswell-regarded as Merger & Acquisition strategies and less understoodby the decision-makers.The present work was designed to meet these demands by analysing thesuccess factors of Corporate Spin-Offs, their relative contribution tothe process and the role of the different actors involved. Based on anextensive literature review and a new Spin-Off typology, a broad rangeof success factors and success dimensions is proposed. Using acombination of multivariate models, the responses from 211 Europeancompanies to a questionnaire are analysed and typologies derived.Among the single factors, customer participation, the transfer ofmanagerial and market-related experience and the main motivation arethe most important ones for the Spin-Off process and its success. Thetypologies reveal characteristic factors sets, showing for examplethat high-growth Spin-Offs benefited over-proportionally from sectorgrowth or the access to relations with customers or suppliers. Thisproduces a new and comprehensive perspective on the relativecontribution of each success factor, their interaction, and thebehaviour of both the parentand the Spin-Off companies in theprocess. These results are highly valuable for managers, scientists inthe field and policy-makers.
Download or read book Challenges for European Management in a Global Context written by M. Geppert and published by Springer. This book was released on 2016-01-28 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides cutting edge research and knowledge and an academic study of the impact of globalisation in different areas affecting management and how management is responding. It gives a comprehensive analysis of what is actually happening and likely future trends. It is not just a focus on 'convergence' arguments, but integrates a broader view of still remaining regional and national differences in management and organisation. The book draws on new theoretical approaches in the field of international business, highlighting areas such as Anglo-German subsidiaries of MNCs, HRM practices and change management processes or employment relations in US-based MNCs in Europe and many other aspects.
