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First published in German, this book starts from the premise that managers' understanding and theories of organizations determine how they decide to act. It therefore scrutinises management's basic tasks, and examines the most important concepts of management science, prompting questions for a company's 'health check'. The management tasks and scientific concepts are presented on the basis of an integrated framework which allows the reader to easily recognize their interdependencies and interlinkages.
It’s starting to look as if the whirlwind of the Internet revolution might be petering out to a gentle breeze. The customer’s new position of power is now a well-established fact. For the business world, Facebook and Twitter accounts, coupled with an attractive website, now rank high on most checklists for corporate success. But is that really enough? In a world where even the smallest air current can build into a powerful storm, it can obviously prove to be a mistake not to keep a constant watch on the ever-changing digitalization trend – the trend that is generating new data and networking ever more physical products all the time. How fast can an online post by a single disgruntled customer call forth hordes of angry users that can do lasting damage to a company’s reputation? Could data be the key to business success in the future? Success in the Digital Age is the first-ever collection of success stories and reports of real-world experiences by 17 CEOs and leading executives from a diverse range of industries as well as leading academics.
From the winner of the INCOSE Pioneer Award 2022 The world has become increasingly networked and unpredictable. Decision makers at all levels are required to manage the consequences of complexity every day. They must deal with problems that arise unexpectedly, generate uncertainty, are characterised by interconnectivity, and spread across traditional boundaries. Simple solutions to complex problems are usually inadequate and risk exacerbating the original issues. Leaders of international bodies such as the UN, OECD, UNESCO and WHO — and of major business, public sector, charitable, and professional organizations — have all declared that systems thinking is an essential leadership skill f...
This book addresses changes in socio-economic systems. To do so, it employs the evolutional approach, which views changes in socio-economic systems from an evolutionary standpoint connecting the past, present and future, and focuses on preventing sudden, high-risk changes. The changes in socio-economic systems are also studied with the help of the system approach, which calls for assessing complex economic subjects, characterized by the sustainable connections between their elements, as socio-economic systems. Combining these two approaches in the context of studying the changes in socio-economic systems is unprecedented in modern economic science. The book studies various issues that cover ...
This book conducts an interdisciplinary and comparative examination of tort liabilities of multinational enterprises (MNEs). It examines the social, economic, managerial and legal characteristics of MNEs and compares the findings of this examination to the current understanding of MNEs in the way that tort liability is applied to them. Existing laws and principles related to liability of MNEs are explored from a variety of jurisdictions with the aim of assessing whether these laws are adequate for the challenges that modern MNEs create. Muzaffer Eroglu also proposes solutions to the problems of tort liability of MNEs. Comparing the theory of control in existing laws and the theory of control in business management structure, Multinational Enterprises and Tort Liabilities will be of great interest to academics, researchers, students and practitioners. It will also appeal to NGOs particularly interested with the liabilities of MNEs for their human rights breaches.
This book discusses the existing management approaches for dealing with changes, namely readiness, maturity, and resilience. Although these concepts have been discussed for several years now, their importance grows when companies must deal with extended changes in economies. The changes are of a different nature: social, technological, and political, and they strongly impact every aspect of economies and companies’ activity. Is it possible to be ready for the changes? Should companies be resilient to disruption? These are the questions the managers are trying to answer, yet they need some support from academics. This book explores the synergy between the state-of-the-art knowledge and experience of companies to create a Contemporary Management Model. The scope of this book covers the methodology with an introduction and discussion of the key ideas and concludes with a presentation of the Contemporary Management Model followed by the practical validation and verification of the model based on case studies. This book is simply about developing the readiness and resilience of resources and processes, especially from a tactical perspective.
Presents an analysis of how thinking on strategy has evolved and what are the likely developments. This work includes chapters on six key areas: Approaches to Strategy, Strategic Analysis and Formulation, Corporate Strategy; International Strategy; Strategies of Organizational Change; and Strategic Flexibility and Uncertainty.
The productivity in pharmaceutical research and development faces intense pres sure. R&D expenditures of the major US and European companies have topped US$ 33 billion in 2003 compared to around US$ 13 billion just a decade ago. At the same time, the number of new drug approvals has dropped from 53 in 1996 to only 35 in 2003. Moreover, the protraction of clinical trials has significantly reduced the effective time of patent protection. The consequences are devastating. Monopoly profits have started to decline and the average costs per new drug have reached a re cord level of close to US$ 1 billion today. As a result, any failure of a new sub stance in the R&D process can lead to considerable...
Selected Papers from the Ninth International. This volume presents papers from the Ninth International Baltic Conference on Databases and Information Systems Baltic DBIS 2010 which took place in Riga, Latvia in July 2010. Since this successful biennial series began in 1994, the Baltic DBIS confer