Key strategic issues for German companies

Technological progress and the exacerbation in competition spurred by innovation call for important strategic corporate decisions on products, manufacturing processes and location structure for the 1990s. This, in turn, emphasizes the importance of strategic planning and innovation management—on the one hand with regard to the forecast potential of economic, technological and social trends and, on the other hand, with regard to the ability to plan and introduce future products and production processes.     

美日电子商务发展比较

美日在IT领域的发展差距体现在很多方面,电子商务是其中之一。本文比较分析了美日电子商务的规模,总结了美日发展电子商务的不同特征,并指出至少在目前,电子商务在日本具有较强的工具性和一定的封闭性,而美国的电子商务发展更能满足电子商务的本质要求。文中还探讨了造成美日之间这一发展差距的原因,及今后可能推动日本电子商务发展的有利条件。     

Employer-employee based quality circles in Japan: human resource policy implications for American firms

This paper traces the development of the quality circle in Japan with reference to such traditions as permanent employment, nenko (seniority-based compensation), enterprise unionism, and management paternalism. Quality circles are examined as tools for motivating employees, reducing labor turnover, effecting employee "career expansion," and allowing employee participation in job redesign.     

Technology management in Indian companies

Since 1966, the Indian Government has progressively restricted imports of technology. Together with constraints on the growth of big business houses and of foreign firms, the next consequence of the Government's policies has been that it takes 3–5 years for a large firm to get a sanction for the import of technology and its utilization; this entails advance planning of technology imports, and advance action for the generation of alternatives within the country, should the imports not be allowed.

The restrictions on technology imports accentuated the need for internal research and development; at the same time, the recession that began in 1966, and whose effects still continue to be felt in some sectors, squeezed industrial profits and limited the resources that could be allocated to R & D. Hence large Indian firms have felt the need for methods of rational allocation of R & D resources among competing projects, and a number of them have been feeling their way towards general criteria of allocation. Some of their efforts are described here. They are essentially exploratory; but since R & D management is still a problematic area even in industrial countries, an analysis of Indian practices is perhaps of more general interest.     

Business strategies in small high-technology companies

Cambridge high-technology companies, like other small businesses, do not for the most part have explicit overall business strategies, but a number of their key policies are quite clear-cut. For example: they all aim to sell highly specialized products in profitable market niches; the newer electronics firms minimize their commitment to manufacturing by buying-in components for assembly and testing; nearly all the firms want to make the minimum use of outside capital so as to maintain their independence. Although many are expanding rapidly, there are a number of cultural and environmental factors working against their growth into major international competitors.     

Managing business portfolios in German companies

This study analyzes the behavior of top managers in managing their firms' business portfolios. A review of the existing literature provides a conceptual framework for a research design combining quantitative and qualitative techniques. Data were collected through interviews with 35 top managers of well-known German business firms and the findings of this study translated into guidelines for managers. The results suggest that successful top managers should be concerned with the social relationships and management processes within the corporate office, as well as with their use of management concepts in managing the business portfolio.     

Corporate planning in South African companies

This paper is based on the research understaken by the author for his dostorate thesis. It describes the research methodology, data analysis and results of a survey of strategic planning as practised by South African companies, based over 500 questionnaires. The influence of the various interest groups revealed in the analysis is compared and discussed.     

Successful strategies in French high technology companies

This paper is based on an exploratory study of six major French firms in four new high technology industries, the objective is to identify logics, strategies, organization and culture of some of the best competitors in ‘middle-level’ nations like France, in this kind of risky business.     

Strategic planning in small and medium-sized companies

In analysing the characteristics of strategic planning applications in different types and sizes of companies, confusion often arises not because of the application but because of the definitions utilized. This paper analyses the use of strategic planning concepts in small and medium-sized companies in Holland. As the author points out, in this context the definition of small and medium-sized is determined by five strategically relevant criteria which are distinctive. The author points out, however, that whilst these criteria are distinctive of the category of small and medium-sized companies surveyed, they do not all have to occur at the same time; the higher the number that do occur, the more typical the company. Whilst this paper does not, as the author admits, represent the result of a systematic survey, the authors wide experience as a consultant is in itself a valuable background to his analysis. Indeed, the findings stated in this paper represent an analysis of the strategic planning practises of some 75–100 companies. Therefore, in view of the detailed criteria utilized and the number of companies analysed the results represent an important addition to our knowledge of the application of strategic planning.     

Strategic management in major Japanese hightech companies

Since the early 1980s, there has been remarkable progress in advanced technology in Japan and in leading Western countries. What is the present situation in technological development in major Japanese industries and what are the implications for strategic management? The author describes how Japanese industries have harnessed new technologies and suggests a number of concepts which underly these trends. Given the imperatives of advanced technology, he emphasizes the importance of positioning the technology development strategy in the context of strategic management paying particular attention to developing an open organizational culture through a flexible corporate planning system.     

Efficiency of telecommunications companies in European countries

The telecommunications sector has undergone the most drastic changes in terms of market liberalization and has dominated the privatisation process in most countries in terms of the size of its assets and because this industry is the flagship of public services. The purpose of this study is to conduct a comparative analysis of the efficiency of eleven European privatised Public Telecommunications Operators PTOs from 1997 to 2005 and to determine whether privatisation, liberalisation and investment in infrastructure have increased their efficiency or not. We make use of the DEA methodology to analyse the efficiency of PTOs, as this model is especially appropriate to analyse organisations whose production process does not result in the obtaining of a product but in the delivery of a public service. In spite of the technological progress, our results do not show that the comparative performance of PTOs has grown significantly during the period analysed. Therefore, we must take into account other factors such as privatisation, state regulation and organisational changes to determine their performance. From our study, we can conclude that not all companies have been able to adapt equally to the competitive market. The non-efficient companies have traditionally operated in a protectionist market and they continue in a monopolistic situation in spite of market liberalization.     

Strategic planning in smaller rapid growth companies

The research reported in this article is based on a study of the strategic planning practices of the 500 fastest growing privately held smaller companies in the United States ranked according to percentage of sales increases from 1978 to 1982.^p1 Based on the information provided, a clear picture emerges regarding the actual role of strategic planning in rapid growth companies.     

The control function in major German companies

Control as a specific managerial function is receiving increasing recognition. This article presents different concepts of control which have developed in the U.S.A. over many years and quite recently in the Federal Republic of Germany. Examples are given of control concepts as put into practice by leading German industrial enterprises.     

International HRM in South African multinational companies

With the paucity of published research on human resource management (HRM) policy and practice in the BRICS countries (Brazil, Russia, India, China and South Africa), the rationale for this article is to evaluate the nature of HRM practices, their development, application and diffusion in South African MNCs. It provides an exploratory analysis in a systematic literature review referring to qualitative case study research and research survey literature to better understand HRM strategies and practices developed and diffused by growing emerging market MNCs from South Africa.The findings underline significant challenges of human resource development and controversies regarding host country issues alongside a degree of ‘sophistication’ in the HRM practices of firms analysed. An aim of the article is to identify areas for further research on business and HRM models of Emerging Market MNCs (EMMNCs) in the African context and develop a set of seven research propositions.     

The sophistication of capital budgeting in Malaysian companies

The sophistication of capital budgeting in 70 Malaysian companies is assessed in terms of a three-stage model of the capital budgeting process with reference to the following: the percentage of capital investments for which the techniques are used, explicit assessment of risk, the method of determining the cost of capital, the method of measuring cash flows, the formal profit contribution analysis, the extent of use of management science/operations research in capital budgeting, information systems support and the planning and control of capital expenditures. The assessment reveals a general tendency in the direction of increasing sophistication in the various phases of capital budgeting in Malaysian companies.     

Empowerment as a success factor in start-up companies

In this paper, we develop a theoretical model of employee empowerment in start-ups by integrating different management-oriented approaches in the literature. To test this model, we use recent survey data from start-up companies in high-growth industries based in Germany. In particular, we examine the degree to which employee empowerment as a modern concept of delegative leadership contributes to a higher organizational effectiveness within the firm and eventually to higher growth.

Corporate planning in small companies— a survey

The current state of research on corporate planning is directed at investigations of actual practices within specific industries. It is believed that by so doing, a more generally applicable theory of corporate planning will ultimately be developed. Within this broad framework, the study reported upon in this article was undertaken so that a determination could be made of the current level of actual planning by small businesses. More specifically, it focuses upon the corporate planning process within small and medium sized companies located in New England, U.S.A.     

The application of dynamic programming in United Kingdom companies

Dynamic Programming (or DP as it is commonly known) is a mathematical programming method which would appear to be a very powerful technique for use in management decision problems. A great number of theoretical texts have been written on the mathematics of DP and a few articles have been published on the more practical aspects, but DP has remained very much on the theoretical shelf as far as practising management has been concerned. This paper gives the results of a survey carried out at the beginning of 1972 and is intended to provide some insight into the use of DP in real management problems in U.K. companies and to show what sort of problems are apparently restricting its use. The findings demonstrate that several firms have used DP in various applications with considerable success. There are also some enlightening comments on the difficulties involved, and on the future potential of DP in industry.     

Strategic planning in 21 U.K. companies

This article is based upon an analysis of strategic planning performance in 21 UK companies and discussions with 91 executives in those companies. The author's findings stress some of the problems related to strategic planning particularly with regard to the importance of informal and political processes in planning.