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Entrepreneurial and Small Business Operations Commons™
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Articles 1 - 7 of 7
Full-Text Articles in Entrepreneurial and Small Business Operations
Adopting Change Initiatives During Economic Downturns, Anthony J. Jackson Prof
Adopting Change Initiatives During Economic Downturns, Anthony J. Jackson Prof
Anthony J Jackson Prof
Change initiatives is a popular approach to eliminate waste and increase profits with a more efficient approach to productivity. Developed by Motorola it now has spread world wide with the more popular Toyota Production System (TPS) to Trumpf with its Synchro Production System, Healthcare, and Small Business Enterprises (SME’s). Many companies have claimed benefits from change initiative implementation with some failures. This paper reviews the critical success factors and change projects and what the companies did to be successful..
Outdated Supply Chain Strategies, Anthony J. Jackson Prof
Outdated Supply Chain Strategies, Anthony J. Jackson Prof
Anthony J Jackson Prof
The insurance industry spends millions of dollars each year in efforts to repeal insurance laws that they feel are not favorable to them. Anything that goes against changing current policies and giving consumer more protection and value they want no part of. Instead of finding ways to change their strategies and make a profit they look for reasons not too.
If Experience And Training In Distribution Centers Is So Bad, Why Don't, Anthony J. Jackson Prof
If Experience And Training In Distribution Centers Is So Bad, Why Don't, Anthony J. Jackson Prof
Anthony J Jackson Prof
Warehouses and distribution centers focus a lot of attention on management training they look for the brightest, talented, and most experienced person available. Yet when it comes to hiring the staff of people who are actually going to do the work they obtain someone with minimal education and work experience. Most companies hire hourly workers who may have been to several companies in past and assimilate them into their organization immediately and getting familiar with operation as they go along or in some cases not at all.
Jayaashree Industries: Revolutionising Sanitary Pad Use In India, Arcot Desai Narasimhalu, Christopher Dula
Jayaashree Industries: Revolutionising Sanitary Pad Use In India, Arcot Desai Narasimhalu, Christopher Dula
Arcot Desai NARASIMHALU
Arunachalam Muruganantham is a social entrepreneur dedicated to solving India’s menstrual health problems. He developed an unprecedented product as a solution: a low-cost, locally produced sanitary pad. In a paragon effort of frugal innovation, he reverse-engineered the industrial processes used to make sanitary-pads. The result was a small-scale, low-cost machine that could manufacture quality pads sold at a retail price 20% lower than the cheapest mass-produced brands. However, no one bought his pads until his wife began to sell them. After which, the two were unable to keep up with demand. This triggered his realization concerning the importance of including …
What Is Strategy?, Steven Slezak
What Is Strategy?, Steven Slezak
Steven Slezak
A presentation outlining the nature of strategy, emphasizing its paradoxical nature, describing its structure, and describing competitive advantage and the value chain.
Lean Manufacturing Initiatives, Anthony J. Jackson Prof
Lean Manufacturing Initiatives, Anthony J. Jackson Prof
Anthony J Jackson Prof
The purpose of this research study is to analyze the factors that prevent small and medium size enterprises from implementing lean manufacturing processes and show, that by not implementing lean they are missing out on savings, efficient workforce, and new markets in the globalization arena. Globalization offers opportunities that have not been realized by SME’s yet still pose challenges and barriers that can be overcome by adoption and implementation of lean manufacturing.
Milestone Payments Or Royalties? Contract Design For R&D Licensing, Pascale Crama, Bert De Reyck, Zeger Degraeve
Milestone Payments Or Royalties? Contract Design For R&D Licensing, Pascale Crama, Bert De Reyck, Zeger Degraeve
Zeger Degraeve
We study how innovators can optimally design licensing contracts when there is incomplete information on the licensee's valuation of the innovation, and limited control over the licensee's development efforts. A licensing contract typically contains an up-front payment, milestone payments at successful completion of a project phase, and royalties on sales. We use principal-agent models to formulate the licensor's contracting problem, and we find that under adverse selection, the optimal contract structure changes with the licensee's valuation of the innovation. As the licensee's valuation increases, the licensor's optimal level of involvement in the development-directly or through royalties-should decrease. Only a risk-averse …