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Articles 1 - 13 of 13
Full-Text Articles in Business
Teaching Strategic Thinking In Management Education, Ingrid Bonn
Teaching Strategic Thinking In Management Education, Ingrid Bonn
Ingrid Bonn
No abstract provided.
Business Sustainability And Undergraduate Management Education: An Australian Study, Josie Fisher, Ingrid Bonn
Business Sustainability And Undergraduate Management Education: An Australian Study, Josie Fisher, Ingrid Bonn
Ingrid Bonn
The academic literature arguing that there is an urgent requirement for businesses to become more sustainable is rapidly expanding. There is also a demonstrated need for managers to develop a better understanding of sustainability and the appropriate strategies required to improve business sustainability. In addition, there have been international calls for educators to address sustainability in their programs. The aim of this study was to investigate the extent to which business sustainability was incorporated into undergraduate business and management courses in Australian universities. The high percentage of international students enrolled in these courses suggests our findings have implications beyond the …
Sustainability: The Missing Ingredient In Strategy, Ingrid Bonn, Josie Fisher
Sustainability: The Missing Ingredient In Strategy, Ingrid Bonn, Josie Fisher
Ingrid Bonn
Extract: A survey by KPMG in 2008 found that 47.7 per cent of companies considered sustainability and corporate responsibility an important driver of innovation (KPMG International, 2008). However, for the majority of companies, understanding how to make their businesses more sustainable was a challenge. The areas that posed the greatest challenge for approximately 80 per cent of companies were identifying and prioritizing issues, developing strategies and policies and measuring performance. This finding is in line with anecdotal evidence from our consulting work. The Director of Sustainability of a large manufacturing company in New South Wales, Australia, for example, stated: ‘‘For …
Aldi In Australia, Ingrid Bonn
Aldi In Australia, Ingrid Bonn
Ingrid Bonn
Extract: In 1948, the brothers Theo and Karl Albrecht opened the grocery store ‘Albrecht Discounts’ (Aldi) in Essen (Ruhr Valley), Germany. The store had a simple layout and offered a restricted number of products at a low price. The company grew rapidly, owning 13 stores in 1950 and about 300 stores in 1961 across Germany. In 1961, Theo and Karl divided the company into Aldi North (run by Theo) and Aldi South (run by Karl). The reasons for this division, according to Dieter Brandes, a former managing director of Aldi in Schleswig-Holstein, Germany, were different views about how to develop …
Business Sustainability And Undergraduate Management Education In Australia, Josie Fisher, Ingrid Bonn
Business Sustainability And Undergraduate Management Education In Australia, Josie Fisher, Ingrid Bonn
Ingrid Bonn
There is a large and rapidly expanding academic literature arguing that there is an urgent requirement for businesses to become more sustainable. There is also a demonstrated need for managers to develop a better understanding of sustainability and the appropriate strategies required to improve business sustainability. In addition, there are international calls for educators to address sustainability in their programs. The aim of this study was to investigate the extent to which business sustainability is being incorporated into undergraduate business and management courses in Australian universities. The high percentage of international students enrolled in these courses suggests our findings have …
Do Or Die - Strategic Decision-Making Following A Shock-Event, Ingrid Bonn, Sharyn Rundle-Thiele
Do Or Die - Strategic Decision-Making Following A Shock-Event, Ingrid Bonn, Sharyn Rundle-Thiele
Ingrid Bonn
Little attention has been directed towards investigating how senior managers and boards approach strategic decision-making when dealing with shock events as compared to strategic decision-making in a stable environment. This paper presents evidence to suggest that strategic decision-making following a shock event involves a more intuitive, less analytical and less consultative approach, while decision-making in a stable environment is characterised by a more cooperative, formal and analytical process. Decision-making following a shock event tends to be simplified and fast, whereas decision-making in a stable environment tends to be comprehensive and slow. Furthermore, the strategic role of the board transforms following …
International Strategies And Ethics: Exploring The Tensions Between Head Office And Subsidiaries, Josie Fisher, Ingrid Bonn
International Strategies And Ethics: Exploring The Tensions Between Head Office And Subsidiaries, Josie Fisher, Ingrid Bonn
Ingrid Bonn
Purpose – The purpose of this paper is to explore the complexities and tensions that international organisations face in managing ethics.
Design/methodology/approach – Three levels of ethics are identified and discussed in the paper in the context of three international strategies.
Findings – The study finds that an organisation’s approach to ethics depends on its level of ethics and the type of international strategy adopted. These two dimensions have the potential to create identifiable tensions between head office and subsidiaries that will need to be understood and managed.
Practical implications – The paper offers practical guidance to managers by providing …
Improving Strategic Thinking: A Multilevel Approach, Ingrid Bonn
Improving Strategic Thinking: A Multilevel Approach, Ingrid Bonn
Ingrid Bonn
Following a multilevel approach, the purpose of this paper is to develop a framework of strategic thinking, which integrates the micro-domain's focus on individuals and groups with the macro-domain's focus on organisations. The paper first defines strategic thinking, outlines its elements and examines some of the conceptual issues surrounding the construct, especially those concerning levels of analysis. The following questions are addressed. What are the characteristics of an individual strategic thinker? What are the dynamics that take place within groups and how do they influence strategic thinking? What are the contributions of the organisational context to strategic thinking?
Board Structure And Firm Performance: Evidence From Australia, Ingrid Bonn
Board Structure And Firm Performance: Evidence From Australia, Ingrid Bonn
Ingrid Bonn
The influence of corporate governance on firm performance has been discussed for a number of years, but mainly in a United States and European business context. This article investigates the composition of boards of directors in large Australian firms and analyses whether board structure has an impact on performance, as measured by return on equity and market-to-book value ratio. The results showed that outsider ratio and female director ratio were positively associated with firm performance, whereas board size and directors' age had no influence on firm performance.
Sustainability- The Missing Ingredient In Strategy, Ingrid Bonn, Josie Fisher
Sustainability- The Missing Ingredient In Strategy, Ingrid Bonn, Josie Fisher
Ingrid Bonn
While strategy has been addressed in the literature since the 1960s and sustainability has received a lot of attention recently, there has been little attention paid to the question of how sustainability considerations might be integrated into an organisation's strategy. In this paper a framework that outlines how sustainability can be addressed strategically in organisations is introduced and analysed. It is argued that all three dimensions of sustainability- economic, environmental and social- must be integrated into all aspects of an organisation's strategy and need to be addressed on an ongoing basis.
International Strategies And Ethics, Jodie Fisher, Ingrid Bonn
International Strategies And Ethics, Jodie Fisher, Ingrid Bonn
Ingrid Bonn
In this paper, we identify and discuss three different levels of ethics that can be implemented by organisations pursuing global, transnational or multinational strategies. Our main argument is that an organisations's approach to ethics depends on its level and type of international strategy adopted. Organisations pursuing global or transnational strategies are likely to regard their approach to ethics as an important strategic decision that needs to be implemented in all subsidiaries around the world. Organisations with multinational strategies are likely to face tension between head-office and subsidiary management if they operate at different levels of ethics.
Corporate Governance And Business Ethics: Insights From The Strategic Planning Experience, Ingrid Bonn, Josie Fisher
Corporate Governance And Business Ethics: Insights From The Strategic Planning Experience, Ingrid Bonn, Josie Fisher
Ingrid Bonn
In this paper we develop an integrated approach towards corporate governance and business ethics. Our central argument is that organisations can learn from the development of strategic planning in the 1970s and 1980s. We identify three weaknesses – a bureaucratic and formalised approach, lack of implementation and lack of integration throughout the organisation – which were prevalent in strategic planning in the past and which are potentially just as problematic for an integrated corporate governance approach to business ethics. We suggest ways these weaknesses might be avoided and provide questions for boards of directors to consider when integrating ethical concerns …
Effects Of Board Structure On Firm Performance: A Comparison Between Japan And Australia, Ingrid Bonn, Toru Yoshikawab, Phillip Phanc
Effects Of Board Structure On Firm Performance: A Comparison Between Japan And Australia, Ingrid Bonn, Toru Yoshikawab, Phillip Phanc
Ingrid Bonn
This article compares the effects of board size, proportion of female directors, proportion of outside directors and average age of directors on firm performance in Japanese and Australian firms. We found that board size and age of directors were negatively associated with the performance of Japanese firms. For Australian firms, outsider ratio and female director ratio were positively associated with performance.