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Corporate Sustainability Assessments
Sustainable development is an internationally recognised objective for governments, businesses and societies. However, how the private sector engages with sustainability in a systematic way through their business activities remains unclear. This book evaluates the sustainability practices of the private sector by utilising a sustainability assessment framework – a method for integrating different strands of impact assessment, to better inform decision making for the promotion of sustainable economic development. Through a sample of leading multinational enterprises (MNEs) in Thailand, this book provides evidence on the types of sustainability approaches being utilised by the private sector, shedding light on the important relationship between FDI and sustainable development. It also clarifies the role of FDI in sustainable development, and the methods, tools, and techniques that enable the private sector to engage with sustainability and sustainable development. The book will generate significant interest from sustainability practitioners in both the public and private sector.
Frugal Innovation and the New Product Development Process
This book explores the new product development process of firms developing frugal innovation for the base-of-the-pyramid (BOP) markets in developing countries. Frugal innovations are products characterised by an affordable price-point, durability, usability and core functionalities that are highly adapted to BOP consumers’ needs. Frugal products have the potential to drive the development progress and living standards of low-income consumers. With an innovation framework developed from worldwide frugal case studies, this book provides detailed insights through two in-depth start-up firms in Indonesia that have successfully launched frugal products for the low-income market. These two start...
Sustainability Assessments
This book looks at how multinational enterprises address sustainability within their business activities. Contextualized within a rapidly developing country in Asia, it explores how management practices, tools and techniques are implemented by foreign multinational enterprises (MNEs) operating in the Philippines. The book introduces a useful three-stage and six-step sustainability assessment framework for company practices. The three stages are framed around impact identification, impact assessment and impact monitoring, with the six steps associated with these stages, including the initiation step, scoping, impact analysis, alternative selection, monitoring and evaluation, and feedback and follow-up. The book also highlights how voluntary guidelines and global sustainability platforms play an instrumental role in directing the practices of organisations when implementing corporate sustainability.
The Role of Multinational Enterprises in Supporting the United Nations' SDGs
The Role of Multinational Enterprises in Supporting the United Nations’ SDGs is an exploration of the place of the private sector in implementing select Sustainable Development Goals. Beyond the abundant literature published by the United Nations and journal articles, there are few book-length treatments of the unique role that multinationals play as facilitators of goal implementation and agents of change. This volume aims to stimulate debate and research on MNEs’ best practices, fleshing out many of the seventeen goals through the lens of corporate strategic choices.
Frugal Innovation
Customers are increasingly seeking "low-cost, high-quality" or what is known as frugal products that meet the buyer’s needs while reducing the associated cost of ownership. This book examines the developing principles and theories of frugal innovations across the globe. The authors identify frugal innovation (FI) using a multi-method approach to data analysis. They argue that the concept of frugality as a societal/ethical value has undergone several changes and propose a differentiated model of frugal innovations. They address frugal innovations that have never been accessible to the public. Hands-on case studies across various industry sectors and countries, supported by theory, provide m...
Fostering Local Entrepreneurship in a Multinational Enterprise
Corporate entrepreneurship involves new business creation within established companies, the strategic renewal of existing business, and, ultimately, the search for sustainable competitive advantage in an increasingly globalised economy. Yet it remains elusive for many firms. In a collaboration between a practitioner and academic, Joe J. Amberg and Sara L. McGaughey explore corporate entrepreneuring within a large conglomerate multinational enterprise: Siemens AG. In early 2009, following a prolonged period of business stagnation and a huge bribery scandal, Siemens’ top management identified a severe lack of entrepreneurship as a critical issue. The strengthening of ‘local entrepreneurshi...
Japanese Management
This book provides a new understanding of the constellations of logics in Japanese management practices in Asia and the West. Through comparative ethnographic case studies in a Japanese multinational corporation (MNC), the book explores the cultural meanings of family, corporation, market and religion logics at each subsidiary’s site in Thailand, Taiwan, Belgium and the United States. In doing so, the book defines cultural space through an institutional logic approach. It argues that logics are culturally interpreted, which can impose a serious limitation on the institutional logic approach based on the analysis of Western society. It reveals that Japanese ‘family’ logics and Theravada...
Strategic Human Resource Management in China
This book documents and explains how strategic human resource management (SHRM) and high performance work systems (HPWS) have been adopted among indigenous enterprises, namely state-owned enterprises (SOEs) and domestic private enterprises (DPEs) in China, from both management and employee perspectives. The book examines the mutual relationships between employees and their supervisors/ managers through social exchange theory. It explains how and why employees develop their perceptions and relationships with their immediate supervisors/managers in the working environment and the consequent effects on their attitudes and behaviour at work. Given the importance of the Chinese economy in the world, and the impact of its ‘open door’ policy and economic and management reforms, this book will provide valuable insight into China’s SHRM and HPWS.
Management Control Systems in Japan
As the world's third-ranking economic power, Japan's style of management, such as the lifetime employment system, the seniority system, and an enterprise union, has been well studied. However, little else is known about the Japanese management control systems (MCSs) and management accounting systems, which are significantly different from other economic powers. This book sheds light on Japanese MCSs and the differences with those of the United States, illustrated with examples from Mitsubishi Electric, Kao, and more. This book aids not only researchers in management accounting, but also provides more useful insight for international investors and management accountants that can prove useful in business management.
Entrepreneurship, Innovation and Smart Cities
There has been increased emphasis on smart cities due to the economic, environmental and technological shifts that have impacted on society. This book focuses on how cities are becoming smarter, more innovative and entrepreneurial due to the increased pressures placed on them from societal changes in the global business environment. The book defines a smart city as an urban or rural development that integrates technology to enhance a city’s assets, which may include community services, parkland, education, transportation and energy sources. The book aims to examine the role that innovation has in creating smart cities by focusing on issues such as public transport, use of energy efficiency and sustainability practices. It helps to shed understanding on how cities have become smarter in the way they handle increased migration to urban and rural areas and decrease the strain on public finances.
