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Books > Business & Economics > Business & management > Business strategy
Data is an intrinsic part of our daily lives. Everything we do is a
data point. Many of these data points are recorded with the intent
to help us lead more efficient lives. We have apps that track our
workouts, sleep, food intake, and personal finance. We use the data
to make changes to our lives based on goals we have set for
ourselves. Businesses use vast collections of data to determine
strategy and marketing. Data scientists take data, analyze it, and
create models to help solve problems. You may have heard of
companies having data management teams or chief information
officers (CIOs) or chief data officers (CDOs), etc. They are all
people who work with data, but their function is more related to
vetting data and preparing it for use by data scientists. The jump
from personal data usage for self-betterment to mass data analysis
for business process improvement often feels bigger to us than it
is. In turn, we often think big data analysis requires tools held
only by advanced degree holders. Although advanced degrees are
certainly valuable, this book illustrates how it is not a
requirement to adequately run a data science project. Because we
are all already data users, with some simple strategies and
exposure to basic analytical software programs, anyone who has the
proper tools and determination can solve data science problems. The
process presented in this book will help empower individuals to
work on and solve data-related challenges. The goal of this book is
to provide a step-by-step guide to the data science process so that
you can feel confident in leading your own data science project. To
aid with clarity and understanding, the author presents a fictional
restaurant chain to use as a case study, illustrating how the
various topics discussed can be applied. Essentially, this book
helps traditional businesspeople solve data-related problems on
their own without any hesitation or fear. The powerful methods are
presented in the form of conversations, examples, and case studies.
The conversational style is engaging and provides clarity.
Since the early 1980s, Japanese firms have massively globalized
their production operations and have shown superb competitive
powers in global markets. This meant, however, they had to
establish their unique Japanese-style management and production
system locally, taking into account different conditions in
countries that had not originally nurtured their unique system. In
each case, firms found ways to balance applications and
adaptations, resulting in a hybridization of their management and
production systems. These experiences abroad dictated changes to
the traditional system-in order to retain its basic logic and
competitiveness, the essentials of the system needed to be
redefined.
Hybrid Factories in the United States elucidates the real
advantages and weaknesses of the Japanese-style management and
production system (JMPS) in the United States and elsewhere in the
globalized economy. To assess the success of the "hybridization"
dynamics of JMPS abroad, the editor and authors developed their own
"hybrid-analysis" model, which has been used successfully around
and globe for decades, and has been recognized as a major research
framework for elucidating the study of international
transferability of management and production systems in general. In
very concrete ways and attentive to regional differences, the
authors' hybrid-analysis methods identify which aspects of JMPS
will inevitably change and which should be sustained. Tetsuji
Kawamura and his team have provided a crucial and comprehensive
resource not only for anyone interested in the Japanese story, but
also for those concerned about the future of American manufacturing
industries, for the investigation of Japanese transplants provides
an invaluable perspective of the real dimensions of major
management innovations of U.S. industries.
Cutting Edge Research Methods in Hospitality and Tourism sits at
the forefront of fast-paced developments in the tourism and
hospitality industry, highlighting the importance of applied and
pure research to address the theoretical and practical problems and
gaps. Approaching from different perspectives including economic,
social, cultural, environmental, political, and technological, this
edited collection reviews traditional research methods and
re-assesses them to suit contemporary problems and research
agendas. Developing recent research strategies under the umbrella
of quantitative and qualitative research methods - such as the use
of structural equation modeling analysis, applied econometric
research, network theory and social network analysis, using
tracking mobility and planning exercises, fuzzy-set Qualitative
Comparative Analysis, necessary condition analysis, and netnography
approaches - can offer promising solutions. A necessity for
academics and practitioners in the tourism and hospitality sector,
Cutting Edge Research Methods in Hospitality and Tourism expands
existing knowledge, generating innovative research.
This timely book investigates the importance of national culture as
it applies to the strategic management of multinationals. The
author focuses on backward linkage strategies within US, Japanese,
Taiwanese and Korean microcomputer multinationals investing in
Europe. In particular, both market-driven and resource-driven
strategic orientations are depicted in new and established firms.
The main premise of the book is concerned with the backward linkage
strategy of US and Asian Pacific firms, and is therefore based on a
specific set of relevant core cultural values rather than a
universal set of values. The material in this volume is derived
from directly and indirectly collected data, and in addition,
unstructured face-to-face interviews with representatives from
multinational firms headquartered across different cultures. This
volume will provide academics, researchers, students, business
consultants and strategists a new perspective on business strategy
as well as an up-to-date source of industry material.
Find out how to hold your own with the accountants.
The principles of business finance aren't complicated. Every business is driven by just four figures. Knowing what these four figures are, how they relate to each other and (most importantly) how they can be managed, is the key to understanding the finances of any organisation. Quickly learn how to get to grips with the accounts of any business.
The 4 Figure Trick will show you how, in under one minute, to ascertain whether any business is a success or not and how, in less than five minutes, to identify all its core strengths and weaknesses. Discover the formula for financial success and the practical steps any business can take to enhance financial performance.
In contemporary economies, businesses must consistently make
strides to remain competitive and profitable at both national and
international levels. Unlike in the developed world, corporations
in developing nations face a different set of challenges for
achieving growth. Multinational Enterprise Management Strategies in
Developing Countries is an authoritative reference source for the
latest scholarly research on diverse opportunities and obstacles
facing multinational corporations in emerging economies.
Highlighting innovative perspectives and real-world examples, this
book is ideally designed for researchers, practitioners,
upper-level students, and industry professionals interested in
management approaches for achieving success in international
corporations.
This book reveals the hidden and potentially misleading nature of
measurements, empowering readers to avoid making critical business
decisions that are harmful, unreasonable, unwarranted, or plain
wrong. Decision makers in business and government are more reliant
than ever on measurements, such as business performance indicators,
bond ratings, Six-Sigma indicators, stock ratings, opinion polls,
and market research. Yet many popular statistical and business
books and courses relating to measurement are based on flawed
principles, leading managers to the wrong conclusions-and
ultimately, the wrong decisions. misLeading Indicators: How to
Reliably Measure Your Business provides something unique and
invaluable: trustworthy tools for judging measurements. Each
chapter illustrates the four key principles for reliable
measurements: sufficient background information, accuracy and
precision, reasonable inferences, and reality checks in different
situations. After the three fundamental methods of measuring are
defined, the authors expand to the application and interpretation
of measurements in specific areas, including business performance,
risk management, process, control, finance, and economics. This
book supplies essential information for managers in business and
government who depend on accurate information to run their
organizations, as well as the consultants who advise them.
Never has this capacity for strategic thinking been more important.
Over the next few years leaders of all types of organisations -
corporate, entrepreneurial, social enterprise and community based -
will be called upon to transform their endeavours as the world is
hit by successive waves of financial, economic and environmental
turbulence. The Power of Strategic Thinking demonstrates not only
how to develop the power to think strategically but is full of a
myriad of stories, examples and case studies drawn from businesses,
not-for-profit organisations and ordinary men and women who are
doing just this - applying strategic thinking to make a big
difference right now.
Managers and executives know the importance of integrating business
strategy and IT strategy for competitive advantage. Via numerous
real-world examples and anecdotes, this book investigates myriad
issues regarding the application of business strategy and IT
strategy. Specifically, it focuses on how business/IT alignment is
assessed, the factors that aid or hinder its integration, a
maturity assessment and way in which managers can implement
strategic information systems within their firms using various
constructs and models. Strategic Information Technology:
Opportunities for Competitive Advantage provides managers with an
understanding and appreciation for the development of business and
information technologies strategies to yield competitive advantage.
A number of truly disruptive events have occurred in recent times,
from the financial crisis and the pandemic to political conflict
with broad ramifications for international business conduct.
National borders have been severely constrained with radical
effects on global value-chains and supply conditions. We must
respond to these unpredictable developments in ways that create
resilience and advance sustainable solutions. The global business
environment is highly uncertain, fractured by unforeseen events and
making decisions that deal with a largely unknown future. Following
the global scale of COVID-19, the divergent uncoordinated actions
of regimes around the world, and the more recent demonstration of
brutal military interventions in Ukraine, the long-term belief that
globalization is the bedrock of future wealth-creation is being
questioned. As the system scrambles to cope with the costs of
necessary adjustments to realign the international economic system,
we realize that organizations must improve their ability to
respond. To support these considerations and foster constructive
thinking about effective response capabilities, this volume of
articles presents a new set of studies that attempt to better
understand and address this very need. The contributions consider
the diverse effects of institutional settings and subtle
organizational strategy-making contexts gauging ways to gain
flexibility and strategic adaptability that can generate
sustainable performance outcomes.
In the 21st century, business innovation faces multifaceted and
interdependent challenges that require new concepts, models and
tools to drive social and economic transformation. Platforms
Everywhere: Transforming Organizations by Integrating Ecosystems in
Business Design presents a new comprehensive paradigm for platform
businesses and a practical methodology for platforming
organizations across sectors and industries. This methodology
includes Guiding Principles for Platforming, Platforming Design
Steps (with practical tools and methods), and Platforming
Navigator. The book explores the Meta platform business model, with
four core elements that apply to all platforms regardless of their
purpose and focus, and the variety of emerging types of platforms,
including hybrid platforms. Featuring strategic guidance for
leveraging platform policy, platform governance, and systemic
design as key drivers of innovation success, Platforms Everywhere
is an essential guide for anyone seeking to understand the
challenges and opportunities of cutting-edge business design and
organizational transformation. It is particularly beneficial for
individuals and organizations interested in business innovation
that taps into sources of value in ecosystems to empower
stakeholders for learning and collective impact.
This innovative book sets out to rethink corporate social
responsibility (CSR) in global value chains. Peter Lund-Thomsen
considers how CSR is often framed and promoted by key actors in the
Global North, the home of many large retailers and brands, in ways
that overlook the unique challenges and broader circumstances faced
by suppliers and countries in the Global South. He instead proposes
that CSR must be understood as an evolving, context-dependent, and
contested term that can best be viewed through multiple
perspectives. Developing an integrated analytical model of buyer,
supplier, and worker perspectives on CSR in global value chains,
the book draws out future research and policy implications of this
analysis in the areas of governance, human rights, the circular
economy, and climate change. This book will be a critical resource
for scholars and students with an interest in corporate social
responsibility, critical management studies, management and
sustainability, and responsible consumption and production.
Practitioners and policy makers in business, government,
international organizations, and NGOs will also benefit from the
book's re-evaluation of CSR in global value chains.
A volume in Research in Strategic Alliances Series Editor T. K.
Das, City University of New York Strategic Alliances for Value
Creation is a volume in the book series Research in Strategic
Alliances that will focus on providing a robust and comprehensive
forum for new scholarship in the field of strategic alliances. In
particular, the books in the series will cover new views of
interdisciplinary theoretical frameworks and models, significant
practical problems of alliance organization and management, and
emerging areas of inquiry. The series will also include
comprehensive empirical studies of selected segments of business,
economic, industrial, government, and non-profit activities with
wide prevalence of strategic alliances. Through the ongoing release
of focused topical titles, this book series will seek to
disseminate theoretical insights and practical management
information that will enable interested professionals to gain a
rigorous and comprehensive understanding of the field of strategic
alliances. Strategic Alliances for Value Creation contains
contributions by leading scholars in the field of strategic
alliance research. The 14 chapters in this volume cover a number of
significant topics that encompass value creation through strategic
alliances in recent times. The chapters cover both the broader
topics, such as multi-partner alliances, technology parks,
intellectual property rights, knowledge management and culture,
portfolio theory, learning in alliances, and open innovation, and
the more focused problems of transparency in interfirm accounting,
local partner perspective of management control, knowledge in
intra-district networks, and alliance partners for entrepreneurial
firms. The chapters include empirical as well as conceptual
treatments of the selected topics, and collectively present a
wide-ranging review of the noteworthy areas of research on
employing strategic alliances for value creation.
There are numerous trends taking place around the world and
especially in the U.S. with implications for organizations, the
workplace, leaders, and supporting organizations like Human
Resources. How organizations and their leadership react and
proactively address these changes will be difference between
positioning themselves for success in the future or for
disappearing as other organizations have disappeared. The
critically important issue of these trends is that they are
occurring simultaneously. The trends consists of constant and
consistent change driven by advancing technology, challenges with
education with implications for a future workforce, an aging
population and workforce, four generations in the workforce with a
growing millennial workforce, changing expectations from the
workforce with an emphasis on employee engagement, and leadership
development opportunities. This perfect human capital storm
addresses these very important and relevant issues in a succinct
fashion while also providing some systemic recommendations for
organizations and its leadership to consider as they work to
differentiate themselves from their competition, to look to
reinvent themselves, while also creating a great place to work in
the 21st century. In addition, the book provides an assessment to
use as a guide and to serve as a starting point for discussion and
planning among the organization's leadership team for the
organization.
The Business and Society (BAS) 360 book series is an annual
publication targeting cutting-edge developments in the broad
business and society field, such as stakeholder management,
corporate social responsibility and citizenship, business ethics,
sustainability, social entrepreneurship and others. Each volume
will feature a comprehensive discussion and review of the current
"state" of the research and theoretical developments in a specific
business and society area. Volume Five focuses on research drawn
from work grounded in Social Entrepreneurship. Leading scholars in
this discipline contribute to a 360-degree evaluation of theory,
including cross-discipline research, empirical explorations,
cross-cultural studies, literature critiques, and meta-analysis
projects. Social Entrepreneurship will be useful for emerging and
senior business school educators researching and teaching in the
business and society field, as well as doctoral and masters level
students across the business, social sciences and natural sciences
seeking to learn about this multi-discipline and sustained field of
management study.
Not solely covering new products, Innovation Management focuses on
new services and new business models; in doing so, it provides an
introduction to new business development. The book follows the
logic of the innovation process, from idea development via
selection to implementation, and discusses these topics both on the
level of the company and individual projects. Its content is
evidence-based, but with many practical examples. This textbook
ensures up-to-date subject knowledge by providing a contemporary
approach: novel methodologies such as design thinking, lean
innovation and open innovation are included. Exercises and
discussion questions at the end of each chapter enable self-testing
and reflection. Comprehension of new topics is aided by an
in-margin glossary and further multimedia links on the companion
website - bloomsburyonlineresources.com/innovation-management. It
is an essential resource for undergraduate students seeking a
rigorous and science-based, yet accessible and manageable, overview
of innovation management.
This book helps managers and students of management to makes sense
of the competing advice on how to change organisations in order to
improve their effectiveness.
Helps managers to understand how their organisations' performance
could be improved.
Presents an overview of the advice on organisational improvement
facing managers.
Classifies and evaluates various different approaches.
Highlights the relationships between strategy and capability.
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