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The rise of China poses a significant challenge to the existing,
Western-dominated world economic order. The effectiveness of the
Regional Comprehensive Economic Partnership (RCEP) is contingent on
a smooth transition of the world’s economic center toward the
Asia-Pacific Region. For Western investors, the vast market
opportunities can be tempting. However, the lack of experience and
knowledge of international management in China – a country with
radically different business rules and cultural background –
poses a substantial risk. This book provides comprehensive insights
into the fast-changing business world in China. Based on the
authors’ theoretical knowledge and invaluable years of practical
experience, it discusses the various options for doing business in
China, with current examples that demonstrate how European SMEs can
successfully position themselves between multinational companies
and local competitors. It also highlights new opportunities arising
from China’s international involvement (New Silk Road, RCEP) and
addresses risk management for European SMEs operating in China.
Moreover, it sheds light on how to form relationships of mutual
trust between Chinese policymakers and their advisors/cooperation
partners from abroad. Readers with an interest in doing business in
China will find this book particularly valuable.
This book provides readers a holistic and pragmatic approach
towards supply management in China. It elaborates on how supply
management should integrate the optimum level, and a combination of
quality, cost and delivery. In addition to serving as a guide on
how to address cultural barriers, apply supply tools and concepts,
it also illustrates the best practices in supply management in
China. It draws from a large number of best practices of companies
from automotive to railway, to convince other functional
departments and higher management that supply management plays the
most fundamental role in any organization due to the high number of
value adding activities which are coming from suppliers. These
practices have been derived by a multi-methodical approach
including interviews with supply management leaders from industry
and experts in academia, making it as unique and a suitable a guide
for practitioners and academics.
This book provides a holistic and pragmatic approach to performance
management throughout the business value chain, and demonstrates
the optimal design and use of performance management in order to
achieve competitive advantage. A wealth of best practices, case
studies and real-world examples are used to reveal the diversity of
performance measurement methods, methodologies and principles in
practice. Readers will gain comprehensive insights into the status
quo of performance management, including primary functions such as
supply, operations and sales, and secondary functions like finance,
human resources, and information systems. Focusing on
'best-in-class' performance excellence, the book offers the ideal
guide for any organization pursuing competitive advantages across
all corporate functions and focusing on value-adding activities.
The increasing interconnection and the unlimited exchange of data
and information has led to a maximized transparency of globally
offered and sold products and services. The desires, needs and
wants of the consumer are the critical issues today in creating new
or offering existing products and services. This book outlines
successful marketing and sales strategies with a clear focus on
practical relevance. It provides a systematic overview and
description of selling, pricing and negotiation concepts which
enable the reader to apply the best-case scenario in their company.
Tools such as the marketing mix or marketing strategies are well
explained for practical application in industry. The book also
integrates elements of change, lean and innovation management as
drivers for performance excellence. Featuring industry case
studies, this book is a practical guide for marketing
professionals, academics and policy makers to enable enterprises to
achieve long-term competitive advantages through best-in-class
marketing, sales and pricing activities.
This book provides a holistic and practical approach to managing
supply chains risks and presents a new framework model for
sustainable optimization of risk management. This framework
includes supportive tools for risk mapping and strategic
decision-making. Managers can apply tailored versions of this
framework for the management process of their respective sector.
The authors provide case studies in industries such as automotive,
aviation, airport, and healthcare.
Fierce competition, globalisation and the permanent liberalisation
of markets have changed the face of supply chains and operations
drastically. Companies, which want to survive in a hostile
environment, must establish the optimum combination of supply and
operations. This book provides a holistic and practical approach to
operations management 4.0 and supply management 4.0. It combines
operations and supply best practices across the value chain. It
explains comprehensively, how these new paradigms enable companies
to concentrate on value-adding activities and processes to achieve
a long-term sustainable and competitive advantage. The book
contains a variety of best practices, industry examples and case
studies. Focusing on best-in-class examples, the book offers the
ideal guide for any enterprise in operations and supply in order to
achieve a competitive advantage across all business functions
focusing on value-adding activities.
This book explores total revenue management (TRM), an emerging
concept in revenue management that incorporates existing principles
and tools of revenue management across all profit streams. It is a
professional's guide to using TRM in an optimal and innovative
manner to gain competitive advantage. Readers will gain
comprehensive insights into the strategies, tools and principles of
TRM including existing and emerging revenue streams across the
value chain. The author offers a transparent and holistic
explanation of pricing strategies, segmentation methods and
distribution principles which enable implementation of TRM in
organizations.
This book provides a comprehensive overview of corporate social
responsibility (CSR) and its practical applications. In addition to
the structured procedure with definitions and CSR approaches,
functions within the value chain are described in comprehensive
manner with reference to business practice. Business trends in
special sectors such as innovation management and hospitality
management are also covered. Numerous practical examples and
country-specific recommendations for decisions in practical
situations are also offered.
The book provides a holistic and practical approach to lean
management throughout the business value chain. The lean management
framework and tools demonstrate the optimal design and use of
methods, tools and principles for companies and organisations. The
author describes comprehensively how lean management enables
companies to concentrate on value-adding activities and processes
to achieve a long-term, sustainable competitive advantage. A wealth
of best practices, industry examples and case studies are used to
reveal the diversity and opportunities of lean management
methodologies, methods and principles. Moreover, the book shows how
lean management principles are ultimately applied in industries
like automotive, healthcare, education and services industries.
This book describes how international negotiations can be conducted
in a structured, professional and effective manner. It also offers
recommendations based on examples of successful negotiations from
both economically leading countries such as the USA, China and
Japan, as well as smaller countries such as the Netherlands, Israel
and Morocco. Providing practically relevant experiences from middle
and top management positions in different business sectors, the
contributors focus on all elements of negotiations, spanning from
preparation, execution, strategies and tactics to non-verbal
communication and psychological factors. Moreover, the chapters
offer detailed introductions to more than 25 countries around the
globe, which can be used as a reference guide to doing business in
the specific contexts.
Fierce competition in many industries, megatrends, the COVID-19
pandemic, the ongoing globalisation and the permanent
liberalisation of markets have changed the face of economies and
businesses drastically. Companies must establish suitable and
long-term strategies and performance criteria in order to survive
in this dynamic and hostile environment. This book provides a
holistic and practical approach to strategic performance
management. It combines all functions of the value chain and
contains best practices in performance. The author demonstrates how
new paradigms enable companies to concentrate on value-adding
activities and processes to achieve a long-term sustainable and
competitive advantage. The book contains a variety of best
practices, industry examples and case studies. Focusing on
best-in-class examples, the book offers the ideal guide for any
enterprise to achieve a competitive advantage across all business
functions focusing on value-adding activities.
The increasing globalization, the battle for talents, and global
trends are changing the work patterns in organisations around the
globe. Enterprises are working across country and cultural borders
alongside complex supply and demand networks. Global incidents such
as the financial crisis in 2008 and the recent COVID-19 pandemic
have forced global organizations to find innovative ways to
continue to connect globally and maintain a competitive advantage.
Therefore, innovative enterprises have established global and
virtual organisations including members of the value chain on
supply and demand side. This book outlines these new work and
leadership styles, and agile organisations, which are necessary to
work virtually and globally. It provides case studies and
experiences from different global organizations in different
industries and sectors with a focus on value-adding processes and
services.
This book provides professionals and academics with a holistic and
practical approach to virtual and innovative quality management
(QM) throughout the business value chain. It describes how
to manage the value change from the supply
side combining all functions of the value chain and contains
best practices in performance, particularly in the production,
trading, service, and information industries. It explores such
topics as integrated management systems (IMS), extended reality,
artificial intelligence, and environmental social governance (ESG).
Industry examples and case studies are used to reveal the diversity
of opportunities for QM methodologies and principles. This book is
an ideal guide for professionals and practitioners who wish to
incorporate QM concepts to achieve a competitive advantage across
all business functions.
This book provides a holistic and practical approach to Japanese
concepts of lean management throughout the business value chain. It
explains principles like Kaizen, Kata or Keiretsu in a pragmatic
and logical way with many industry examples and case studies. The
authors describe comprehensively how lean management enables
companies to concentrate on value-adding activities and processes
to achieve a long-term, sustainable competitive advantage.
Moreover, the book shows how lean management principles are
ultimately applied in industries like aviation, civil engineering,
automotive, healthcare, education and other industries.
This book equips managers and professionals with effective
management tools and strategies, as well as important concepts to
help them combat current challenges and problems. It provides a
holistic and practical approach to lean and quality management
throughout the business value chain. The author describes
comprehensively how management strategies and problem-solving tools
enable companies to concentrate on value-adding activities and
processes to achieve the competitive advantage. This allows
managers to choose the proper tool and strategy for each situation
and use it effectively. A wealth of best practices, industry
examples and case studies are also included.
Fierce competition in many industries, megatrends, the COVID-19
pandemic, the ongoing globalisation and the permanent
liberalisation of markets have changed the face of economies and
businesses drastically. Companies must establish suitable and
long-term strategies and performance criteria in order to survive
in this dynamic and hostile environment. This book provides a
holistic and practical approach to strategic performance
management. It combines all functions of the value chain and
contains best practices in performance. The author demonstrates how
new paradigms enable companies to concentrate on value-adding
activities and processes to achieve a long-term sustainable and
competitive advantage. The book contains a variety of best
practices, industry examples and case studies. Focusing on
best-in-class examples, the book offers the ideal guide for any
enterprise to achieve a competitive advantage across all business
functions focusing on value-adding activities. Â
Globalization, digitization, global supply chains and the Corona
pandemic have led companies to take a closer look at value chains.
Shifting services to partially competing supplier networks is
giving rise to new guiding principles, strategies and processes.
The focus in the future has therefore long since shifted from
leveraging internal cost advantages to information exchange, stable
supply chains and the exploitation of global cross-company
potential. This book uses innovative, digital and strategic
examples to show how successful supplier management must function
and act.
Dieses Buch befasst sich mit dem Total Revenue Management (TRM),
einem aufkommenden Konzept im Revenue Management, das die
bestehenden Prinzipien und Instrumente des Revenue Managements in
alle Gewinnbereiche einbezieht. Es ist ein professioneller
Leitfaden für denoptimalen und innovativen Einsatz von TRM, um
Wettbewerbsvorteile zu erzielen. Der Leser erhält einen
umfassenden Einblick in die Strategien, Instrumente und Prinzipien
des TRM, einschließlich bestehender und neu entstehender
Ertragsströme entlang der Wertschöpfungskette. Der Autor bietet
eine transparente und ganzheitliche Erklärung von Preisstrategien,
Segmentierungsmethoden und Vertriebsprinzipien, die die Umsetzung
von TRM in Unternehmen ermöglichen.
Dieses Buch beschreibt die wichtigsten Primärfunktionen
Beschaffung, Produktion und Marketing. Darüber hinaus werden die
Sekundärfunktionen Qualität, Logistik, IT, Personal, Finanzen und
Nachhaltigkeit ausführlich erläutert. Es führt die bislang
getrennt voneinander agierenden betriebswirtschaftlichen Bereiche
der Wertschöpfungskette zusammen. Nur die Integration dieser
Funktionen führt zu langfristigen Wettbewerbsvorteilen. Zahlreiche
Beispiele und Handlungsempfehlungen am Ende jedes Kapitels
ergänzen die umfassende Darstellung und ermöglichen eine
erfolgreiche Umsetzung in der Unternehmenspraxis.
Entwicklungen, wie Urbanisierung, Internationalisierung,
Klimakrise, Digitalisierung und COVID-19-Pandemie haben in
Gesellschaft und Unternehmen zu einer näheren Betrachtung der
Qualität von Produkten und Dienstleistungen in den global
agierenden Wertschöpfungsketten geführt. Durch internationale
Produktionsverbünde, Wertschöpfungsallianzen und Verlagerungen
auf Lieferantennetzwerke, die im Wettbewerb zueinanderstehen,
bilden sich neue Leitbilder, Strategien und Abläufe im
Qualitätsverständnis. Das Buch beschreibt, wie ein agiles
und nachhaltiges Qualitätsmanagement gestaltet werden kann und
gibt anhand zahlreicher Beispiele, Fallstudien und Arbeitshilfen
wertvolle Handlungsempfehlungen für eine erfolgreiche
Transformation.Â
Fierce competition, globalisation and the permanent liberalisation
of markets have changed the face of supply chains and operations
drastically. Companies, which want to survive in a hostile
environment, must establish the optimum combination of supply and
operations. This book provides a holistic and practical approach to
operations management 4.0 and supply management 4.0. It combines
operations and supply best practices across the value chain. It
explains comprehensively, how these new paradigms enable companies
to concentrate on value-adding activities and processes to achieve
a long-term sustainable and competitive advantage. The book
contains a variety of best practices, industry examples and case
studies. Focusing on best-in-class examples, the book offers the
ideal guide for any enterprise in operations and supply in order to
achieve a competitive advantage across all business functions
focusing on value-adding activities.
The increasing globalization, the battle for talents, and global
trends are changing the work patterns in organisations around the
globe. Enterprises are working across country and cultural borders
alongside complex supply and demand networks. Global incidents such
as the financial crisis in 2008 and the recent COVID-19 pandemic
have forced global organizations to find innovative ways to
continue to connect globally and maintain a competitive advantage.
Therefore, innovative enterprises have established global and
virtual organisations including members of the value chain on
supply and demand side. This book outlines these new work and
leadership styles, and agile organisations, which are necessary to
work virtually and globally. It provides case studies and
experiences from different global organizations in different
industries and sectors with a focus on value-adding processes and
services.
The book provides a holistic and practical approach to lean
management throughout the business value chain. The lean management
framework and tools demonstrate the optimal design and use of
methods, tools and principles for companies and organisations. The
author describes comprehensively how lean management enables
companies to concentrate on value-adding activities and processes
to achieve a long-term, sustainable competitive advantage. A wealth
of best practices, industry examples and case studies are used to
reveal the diversity and opportunities of lean management
methodologies, methods and principles. Moreover, the book shows how
lean management principles are ultimately applied in industries
like automotive, healthcare, education and services industries.
This book explores total revenue management (TRM), an emerging
concept in revenue management that incorporates existing principles
and tools of revenue management across all profit streams. It is a
professional's guide to using TRM in an optimal and innovative
manner to gain competitive advantage. Readers will gain
comprehensive insights into the strategies, tools and principles of
TRM including existing and emerging revenue streams across the
value chain. The author offers a transparent and holistic
explanation of pricing strategies, segmentation methods and
distribution principles which enable implementation of TRM in
organizations.
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