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Articles 451 - 469 of 469
Full-Text Articles in Business
Theory And Research In Strategic Management: Swings Of A Pendulum, Robert E. Hoskisson, William P. Wan, Daphne W. Yiu, William A. Hitt
Theory And Research In Strategic Management: Swings Of A Pendulum, Robert E. Hoskisson, William P. Wan, Daphne W. Yiu, William A. Hitt
Research Collection Lee Kong Chian School Of Business
The development of the field of strategic management within the last two decades has been dramatic. While its roots have been in a more applied area, often referred to as business policy, the current field of strategic management is strongly theory based, with substantial empirical research, and is eclectic in nature. This review of the development of the field and its current position examines the field’s early development and the primary theoretical and methodological bases through its history. Early developments include Chandler’s (1962) Strategy and Structure and Ansoff’s (1965) Corporate Strategy. These early works took on a contingency perspective (fit …
East Vs. West: Strategic Marketing Management Meets The Asian Networks, George T. Haley, Chin Tiong Tan
East Vs. West: Strategic Marketing Management Meets The Asian Networks, George T. Haley, Chin Tiong Tan
Research Collection Lee Kong Chian School Of Business
Strategic management in Asia is different. Decision-making differs from that taught in Western, and even Asian, schools of business. In the last decade, the influence of Japanese management systems on Western management practice has become evident. Though the Japanese economy is the world's second largest, and Japan's population substantial, neither compares with the combined economies and combined populations of non-Japanese Asia. The influence of the most aggressive elements of the non-Japanese Asian business communities, the Overseas Chinese and Overseas Indian Networks cannot help to be felt on Western management practice. This article explains why this difference in decision-making styles exists, …
Singapore Investments In China: Implications From Projects During Early 1980s & Early 1990s, Rajah Vellan Komaran
Singapore Investments In China: Implications From Projects During Early 1980s & Early 1990s, Rajah Vellan Komaran
Research Collection Lee Kong Chian School Of Business
It is well known that foreign investments by the industrialized world are driven by the private sector leveraging its technological, management and marketing skills, and that those by developing countries arise because of geographic proximity, social and economic homogeneity, and cultural familiarity. In the case of Singapore, a uniques characteristics is the direct participation by government-related corporations and their affiliates, and persuasion by statutory bodies such as the Economic Development Board and Trade Development Board for the corporate sector
Theory And Research In Strategic Management: Swings Of A Pendulum, Robert E. Hoskisson, Michael A. Hitt, William P. Wan, Daphne W. Yiu
Theory And Research In Strategic Management: Swings Of A Pendulum, Robert E. Hoskisson, Michael A. Hitt, William P. Wan, Daphne W. Yiu
Research Collection Lee Kong Chian School Of Business
The development of the field of strategic management within the last two decades has been dramatic. While its roots have been in a more applied area, often referred to as business policy, the current field of strategic management is strongly, theory, based with substantial empirical research, and is eclectic in nature. This review of the development of the field and its current position examines the field's early development and the primary theoretical and methodological bases through its history. Early developments include Chandler's (1962) Strategy and Structure and Ansoff's (1965) Corporate Strategy. These early works rook on a contingency perspective (fit …
Asian Expatriate Development: A Comparative Study Of Japanese, Korean And Singaporean Expatriates, A. Ahad M. Osman-Gani, Wee Liang Tan
Asian Expatriate Development: A Comparative Study Of Japanese, Korean And Singaporean Expatriates, A. Ahad M. Osman-Gani, Wee Liang Tan
Research Collection Lee Kong Chian School Of Business
Owing to rapid internationalization of business activity, human resource development (HRD) has become increasingly important in recent years. This is especially true when domestic human resource management takes on international dimensions as it deals more with multicultural workforce. International HRD, much of it embodied in cross-cultural training, has been proposed by many scholars as a means of facilitating more effective interaction among managers, employees and customers from different national-cultural backgrounds. Despite the need for cross-cultural skills and the shortage of managers who possess these skills, most human resource decision-makers do nothing in terms of cross-cultural training for their employees. Studies …
A Framework For Reaching Agreement On Climate Change: Morals, Self-Interest, And Strategy, F. Ted Tschang, N. S. Murthy, K. S. Kavi Kumar
A Framework For Reaching Agreement On Climate Change: Morals, Self-Interest, And Strategy, F. Ted Tschang, N. S. Murthy, K. S. Kavi Kumar
Research Collection Lee Kong Chian School Of Business
This paper examines why negotiations following the Framework Convention on Climate Change (FCCC) have stalled and makes suggestions on how to circumvent the obstacles. In particular, the paper: - illustrates how current barriers to international agreement on climate change (CC) decompose into the separate components-self-interest, morality and strategy and discuss how the recent country positions are mixing them. - discusses some elements of a conceptual framework that will serve as a benchmark for assessing the feasibility of a proposal for a CC agreement. - discusses a few modest proposals that could potentially end the current stalemate, and also the potential …
Making Sense Of The Asian Success Story: An Integrative Framework, Chow Hou Wee, Gilbert Tan
Making Sense Of The Asian Success Story: An Integrative Framework, Chow Hou Wee, Gilbert Tan
Research Collection Lee Kong Chian School Of Business
The article focuses on Asian countries that have experienced economic growth over the past 50 years including Hong Kong, China; Japan; Singapore; South Korea and Taiwan. With the exception of Hong Kong, the economic success of the Asian countries has been attributed to the interventionist framework. Export-orientation is one strategy that is most associated with the success of the five Asian countries. The export-oriented strategy helped the five Asian countries in many ways. The ensuring growth of employment enabled the country to save and accumulate capital for reinvestment. The export-oriented strategy also positively affects the competitive advantages of the country. …
The Impact Of Strategic Choice On The International-Ization Of The Firm, Timothy Clark, Geoff Mallory
The Impact Of Strategic Choice On The International-Ization Of The Firm, Timothy Clark, Geoff Mallory
Research Collection Lee Kong Chian School Of Business
Companies either seeking to expand into foreign markets or to alter their existing institutional arrangements have a choice between three forms of foreign market servicing: exporting, foreign licensing and foreign direct investment (FDI)1 (Buckley 1991; Buckley and Casson 1976; Root 1987; Terpstra 1987). The ‘stages theory of internationalisation’ proposes that these options are chosen in a linear sequence in that firms initially export, then establish a sales subsidiary and only when they have built up knowledge and experience do they invest directly.
Sustaining International Linkages: A Dynamic Competence View, William C. Bogner, Howard Thomas
Sustaining International Linkages: A Dynamic Competence View, William C. Bogner, Howard Thomas
Research Collection Lee Kong Chian School Of Business
Strategic alliances have been growing in popularity among firms over the past 10 years. The basis for the formation of truly strategic alliance has been presented by several authors who use the theoretical foundations that are popular in strategic management, in particular the resource-based theory of the firm, organizational learning theory and industrial organizational economics. Still, little has been said about why these alliances are sustained. This paper takes those same theoretical bases and constructs a basic set of propositions about the continuation of strategic alliances.
Challenges Of Global Economic Competition: The Singapore Response, Caroline Yeoh
Challenges Of Global Economic Competition: The Singapore Response, Caroline Yeoh
Research Collection Lee Kong Chian School Of Business
No abstract provided.
Rivalry And The Industry Model Of Scottish Knitwear Producers, Joseph F. Porac, Howard Thomas, Fiona Wilson, Douglas Patton, Alaina Kanfer
Rivalry And The Industry Model Of Scottish Knitwear Producers, Joseph F. Porac, Howard Thomas, Fiona Wilson, Douglas Patton, Alaina Kanfer
Research Collection Lee Kong Chian School Of Business
In this paper we argue that market boundaries are socially constructed around a collective cognitive model that summarizes typical organizational forms within an industry. This model is produced when firms observe each other's actions and define unique product positions in relation to each other. Our study examines the question of how firms define a reference group of rivals when market cues are ambiguous and interorganizational variety is high and identifies the industry model underlying rivalry among Scottish knitwear producers. The data suggest that a six-category model of organizational forms best describes the common sense of competition in the industry and …
Interpreting And Responding To Strategic Issues: The Impact Of National Culture, Susan C. Schneider, Arnoud De Meyer
Interpreting And Responding To Strategic Issues: The Impact Of National Culture, Susan C. Schneider, Arnoud De Meyer
Research Collection Lee Kong Chian School Of Business
Perceptions of environmental uncertainty and organizational control influence strategic behavior. As national culture influences these perceptions we expect to find cultural differences in interpretation and response to strategic issues. Given a case describing an issue concerning deregulation of the U.S. banking industry, managers completed questionnaires rating interpretations and responses to that issue. National culture was found to influence interpretation and responses. In particular, Latin European managers when compared with other managers were more likely to interpret the issue as a crisis and as a threat. Latin Europeans were also more likely to recommend proactive behavior. This study indicates that different …
Taxonomic Mental Models In Competitor Definition, Joseph F. Porac, Howard Thomas
Taxonomic Mental Models In Competitor Definition, Joseph F. Porac, Howard Thomas
Research Collection Lee Kong Chian School Of Business
In this article, a cognitive approach to the problem of competitor definition is outlined, which begins with a discussion of the information-processing demands implied by current models of competitive strategy. How decision makers simplify the competitive environment by using a mental model of competitive groups is then discussed. Finally, the implications of a cognitive approach for the classifying organizations and organizational adaptation are commented on.
Competitive Groups As Cognitive Communities: The Case Of The Scottish Knitwear Manufacturers, Joseph F. Porac, Howard Thomas, Charles Baden-Fuller
Competitive Groups As Cognitive Communities: The Case Of The Scottish Knitwear Manufacturers, Joseph F. Porac, Howard Thomas, Charles Baden-Fuller
Research Collection Lee Kong Chian School Of Business
This article explores how the mental models of organizational strategists determine perceptions of competing organizations and responses to competitive conditions. We first outline a cognitive perspective for discussing competitive strategy, and then use this framework to analyse the particular case of the Scottish knitwear industry. We show how the structure of that industry both determines and is determined by managerial perceptions of the environment. We conclude by drawing out a few general implications of our framework for research and theory on competitive strategy.
Diversity, Diversification And Profitability Among British Manufacturing Companies, 1972-1984, Robert M. Grant, Azar P. Jammine, Howard Thomas
Diversity, Diversification And Profitability Among British Manufacturing Companies, 1972-1984, Robert M. Grant, Azar P. Jammine, Howard Thomas
Research Collection Lee Kong Chian School Of Business
This study investigated the causal relationships between diversity, diversification, and profitability among 304 large British manufacturing companies that differed in both product and multinational diversity. Diversity and profitability were positively related up to a point; after that point, increases in product diversity were associated with declining profitability. The results were unclear with respect to the underlying causal relationships. Product diversification did not increase profitability, and there was limited evidence that profitability promoted diversification. For multinational diversification, however, we found that profitability in the home market encouraged overseas expansion that in turn increased profitability.
Attitudes And The Risk-Return Paradox: Prospect Theory Explanations, Avi Fiegenbaum, Howard Thomas
Attitudes And The Risk-Return Paradox: Prospect Theory Explanations, Avi Fiegenbaum, Howard Thomas
Research Collection Lee Kong Chian School Of Business
This study attempted to explain Bowman's risk-return paradox in terms of recent research in behavioral decision theory and prospect theory. The research emphasized the role of reference, or target, return levels in analyzing risky choices. For returns below target, a large majority of individuals appear to be risk seeking; for returns above target, a large majority appear to be risk averse. Using extensive COMPUSTAT-based data on U.S. firms, we consistently found a negative risk-return association for firms having returns below target levels and a positive association for firms with returns above target. These results support the basic propositions of prospect …
Toward A Contingency Model Of Strategic Risk Taking, Inga Skromme Baird, Howard Thomas
Toward A Contingency Model Of Strategic Risk Taking, Inga Skromme Baird, Howard Thomas
Research Collection Lee Kong Chian School Of Business
A model of strategic risk taking incorporating environmental, industrial, organizational, decision maker, and problem variables is presented. The model is intended to be both a preliminary conceptualization of strategic risk taking and a stimulant for future research on risk taking in strategic management decisions. Relevant research from a number of disciplines is summarized, and the potential impacts of particular variables on the propensity to take strategic risks are examined.
Decision And Risk Analysis In A New Product And Facilities Planning Problem, David B. Hertz, Howard Thomas
Decision And Risk Analysis In A New Product And Facilities Planning Problem, David B. Hertz, Howard Thomas
Research Collection Lee Kong Chian School Of Business
This article illustrates the linkage between risk analysis and strategy by discussing the application of decision and risk analysis to a new product and facilities planning problem. The authors trace the analysis from the initial results through the policy dialogue to the final strategy recommendation.
Mapping Strategic Management Research, Howard Thomas
Mapping Strategic Management Research, Howard Thomas
Research Collection Lee Kong Chian School Of Business
During the last two decades, in particular, there has developed a substantial body of literature in the fields of strategic management, strategic planning, corporate and business policy, and related topics. This literature owes much to the prior writings of Alfred Chandler [10] and the decades of case writing and research undertaken at Harvard Business School by many learned professors. Indeed, Harvard's tradition of leadership in this field dates from 1914 when it first introduced a course requirement for business policy into the business school program. The term strategic management is of relatively recent origin [49] and is currently the accepted …