Showing papers in "Long Range Planning in 2000"

TL;DR: In this paper, the authors propose a model of knowledge creation consisting of three elements: (i) the SECI process, knowledge creation through the conversion of tacit and explicit knowledge; (ii) "ba", the shared context for knowledge creation; and (iii) knowledge assets, the inputs, outputs and moderators of the knowledge-creating process.

TL;DR: In the new economy, the sustainable competitive advantage of business firms flows from the creation, ownership, protection and use of difficult-to-imitate commercial and industrial knowledge assets as mentioned in this paper.

TL;DR: In this paper, the authors investigated the dual performance effects of strategic planning and autonomous actions in the strategy formation process and found that strategic planning has positive performance effects across industries, and exists in tandem with autonomous actions, where managers make responsive decisions that enhance performance under changing environmental conditions.

TL;DR: In this paper, the authors present a framework for structuring and supporting the complex and dynamic process of alliance building, which is based on an extensive literature study and in-depth case studies.

TL;DR: In this paper, the authors present an eight-stage development model for MNC subsidiaries and encourage them to take strategic initiatives beyond compliance to improve the value of the subsidiary's contribution to and strategic significance within the corporation.

TL;DR: In this paper, the authors present strategies employed by consumers to tide them over the economic crisis include: more comparative shopping; delaying purchases of expensive items; placing more emphasis on product durability and functionality; switching to lower end and local brands; developing a product life cycle cost perspective; relying more on informative and less on imagery-based advertisements; and buying more often at discount stores.

TL;DR: In this paper, the determination of executive pay in the UK and Germany has been investigated and it was shown that the gap between CEO pay and that of other employees is higher in UK than in Germany, and that there is cross-section variation in the pay-performance relation.

TL;DR: In this article, the authors present an exclusive ranking of the research activities of all business schools in Europe, based on work published in top quality international journals, and compare their rankings with those of other reputation makers, such as The Financial Times and national ranking schemes, and find that their list is more robust and comprehensive.

TL;DR: In this paper, the authors explore existing portfolio models in purchasing, which classify purchases into different product categories and link these product categories to different types of suppliers and, secondly, link the product category and the supplier types to the specification process.

TL;DR: In this paper, the authors examined the complexity of UK option contracts for CEOs and showed how the portfolio of options varies with firm wealth; describe the structure of the contract (in terms of vesting criteria related to performance targets); and illustrate whether the option performance criteria is historically 'demanding'.

TL;DR: In this article, the authors explain the ways in which recession has affected the supply chain relationships in Japan and the domestic and international sourcing strategies that shape them, and present new competitive technical and commercial capabilities, enabling their Japanese industrial customers to concentrate on real-time, market-driven configuration of products, without needing to hold stocks in their supply chains and distribution channels.

TL;DR: Based on a series of in-depth interviews, three case studies are presented which reflect and are representative of the underlying structure and organisational dynamics of supplier networks in Taiwan's machine tool industry as discussed by the authors.

TL;DR: In this paper, a matrix is developed to illuminate the options of revealing or concealing future intentions regarding integration or the termination of a relationship with the foreign partner, and a number of company cases are presented to illustrate the way in which these options may be created to facilitate a future shift from one operation mode to another within a foreign market.

TL;DR: In this paper, the authors considered there was a need for empirical research into the effect of such methods within industry today, and their research was based on two questionnaires: the first was sent to 319 companies looking at levels of integration, the second to 20 of the responding companies concentrating on the development process and content of their individual strategies.

TL;DR: In this paper, the authors analyzed the success of adaptation strategies applied by Finnish companies during the recession in 1989-93 and suggested that in the long-term, active adaptation strategies are most likely to lead to sustained success whereas passive (financial) strategies are associated with a high risk of failure.

TL;DR: Novotel as discussed by the authors is one of the world's major hotel chains, occupying a leading place in Europe and with locations globally, and it employs more than 30,000 people.

TL;DR: In this article, three strategic choices facing multinational corporations (MNCs): labour-intensive vs. capital-and technology-intensive; coastal vs. inland location; and joint venture vs. wholly-owned investment are studied.

TL;DR: In this article, the authors look at different reactions to the Asian economic crisis and discuss a variety of strategies, including bargain hunting for assets and making strategic purchases whilst prices are low, forming new alliances to augment or supplant those that already exist, and expanding whilst competitors are weak.

TL;DR: In this article, a framework for companies that wish to conduct an audit of how well their approach to synergy management is working is presented, which has been used successfully by several companies, providing a practical and systematic way of pinpointing unrealized opportunities and creating an agenda of initiatives for addressing them.

TL;DR: Leahy as discussed by the authors discusses the Tesco story and how the UK-based food retailing buisness has undergone one of the most remarkable transformations of the last decade, achieving the position of the leading food retailer, the most admired retailer in the Financial Times annual survey and the most popular company in the UK.

TL;DR: In this paper, the authors present and discuss the available data on executive compensation, in particular looking at the use of stock options and the like, and provide an interesting comparison with practices in other leading European countries such as the UK and Germany.

TL;DR: In this paper, the authors argue that a firm's corporate strategy influences the choices for the roles of the corporate centre and propose that the right choices could result in a whole that is worth more than the sum of its parts.

TL;DR: In this article, the authors describe how foreign MNC positioning has dominated that of their domestic counterparts, and how this strategic dominance has triggered domestic firms into rethinking their strategies, and turned them into global players.

TL;DR: The US Naval Security Group Command's (NSG) search for strategic management during a time of unprecedented change was described in this article, where the NSG engaged in a six-year strategic planning process, guided by a strategic planning framework specifically designed for public and non-profit organizations.

TL;DR: In this paper, the authors used an unbalanced five-year panel data set of about 8,500 individual-year observations from a sample of Danish firms during the four-year period 1992 to 1995.

TL;DR: This paper found that defining competitive boundaries relatively narrowly, with an organization's technological competencies as the reference point, is positively associated with sales growth in turbulent industries, and in stable industries, conceptualizing competitive boundary relatively broadly to circumscribe substitute product organizations is positively correlated with sales.

TL;DR: In this paper, an in-depth survey was conducted covering 25 legal firms and 25 accountancy firms to understand change in professional services, and the potential benefits of strategic marketing planning are examined, together with the difficulties of adopting such an initiative.

TL;DR: In this article, the development of PowerGen's corporate planning process to meet the extensive and continuing changes that have taken place in the company's environment, strategy and organization is discussed.