Strategic Management Policy Commons^™

Industry And Corporate Competitiveness : The Auto Parts Industry In China, Taiwan, South Korea, And India By L. Sridharan, New Delhi: Wheeler Publishing, 1999., L S Murty

IIMB Management Review

No abstract provided.

Coping With Growth Transitions: The Case Of Chinese Family Businesses In Singapore, Wee-Liang Tan, Siew Tong Fock

Research Collection Lee Kong Chian School Of Business

Families control more than half of the corporations in East Asia. The contribution of family businesses to Asia's economic growth is predicated upon successfully growing their businesses. Many family businesses in East Asia, spanning countries such as Taiwan, Hong Kong, Indonesia, Singapore, and Malaysia, are Chinese owned and managed. Some claim that these businesses will never develop into full-fledged multinational enterprises because of their cultural heritage (Redding, 1990). However, some Chinese family businesses have successfully made the transition.This paper presents an in-depth study of five Chinese family businesses in Singapore that have successfully made the transition in growth and size …

An Experimental Study Of Circuit Breakers: The Effects Of Mandated Market Closures And Temporary Halts On Market Behavior, Lucy Ackert, Bryan K. Church, Narayanan Jayaraman

Faculty Articles

This paper analyzes the effect of circuit breakers on price behavior, trading volume, and profit-making ability in a market setting. We conduct nine experimental asset markets to compare behavior across three regulatory regimes: market closure, temporary halt, and no interruption. We find that the presence of a circuit breaker rule does not affect the magnitude of the absolute deviation in price from fundamental value or trading profit. The primary driver of price behavior is information. By comparison, trading activity is significantly affected by the presence of a circuit breaker. Market participants advance trades when a trading interruption is imminent.

Consulting Demons : Inside The Unscrupulotls World Of Global Corporate Consulting By Lewis Pinault, New York, Harper Business, 2000, Price : $26; Rs 940., Rishikesha T Krishnan

IIMB Management Review

This irreverent and perhaps slightly exaggerated account of the world of global consulting has behind it some sharp insights into a highly sought-after industry. Having worked in a range of consulting firms - from the strategy- and idea-driven Boston Consulting Group (BCG) to the more conservative and thorough Coopers & Lybrand (now Price Waterhouse Coopers) -Lewis Pinault has a range of experiences to offer and he does so in an engaging and easy-to-read manner. The book reads like a thriller, but every chapter ends with a section titled ' consulting demonology in which the author distil the learnings from his …

Business Strategies In Transition Economies By M W Peng, Internationa L Business Series, Sage, 2000, Pp 322, Price: $29.95., D Sampath

IIMB Management Review

Most theories on strategy have originated from the western world, which presupposes the existence of a certain type of institutional support existing in the economy. The "core competence" of Prahl ad and Hammel, Porter's vision of competitive dynamics, and Krishna Palepu's theory on non-applicability of focussed strategies for emerging economies have unfortunately been regarded as globally applicable by academics and practitioners alike. Culture specificity of a nation, which may be under transition, and the need to reorient the strategies with culture as one of the key variables has either been ignored or scoffed at. However, it is becoming increasingly clear …

Software Architecture In Project Management, Kum Yeng Looi

Student Works (2000-2009)

Software architecture is vital for large and complex software systems in which the main means is controlling complexity. Currently, software development has been deteriorating from architecture point of view over the years as a result of adaptation of vast changing of system requirements. Consequently, architecture improvement of existing software is therefore turning more and more important. Software architecture is a set of concepts and design decisions about the structure and texture of software that must be made prior to concurrent engineering to enable effective satisfaction of architecturally significant explicit functional and quality requirements and implicit requirements of the product family, …

Ohio’S Competitive Advantage: Manufacturing Productivity, Edward W. Hill

All Maxine Goodman Levin School of Urban Affairs Publications

The underlying theme of Dr. Hill’s book is that manufacturing is the connective tissue of the state’s economy. This is true in two ways: The first is in terms of the distribution of employment, and the second connection is in locations of different parts of the manufacturing production process. The key to increasing incomes in all parts of Ohio is to ensure that the products made in manufacturing production platforms remain competitive, which means vigorously pursuing public policies that enhance productivity—investing in both labor and capital.

2001 Annual Reports And Resolutions, American Dental Association

ADA Transactions

This item is part of the Annual Reports and Resolutions subtitle of the ADA Transactions, a serial publication of the annual activities of the ADA House of Delegates (HOD)/Board of Trustees (BOT) made up of three separate subtitles: Annual Reports and Resolutions, Supplements, and Transactions. Generally, the ADA Transactions are published in multiple volumes throughout the year. Older versions include reports from all departments as subsections, while more recent versions include only those of councils, commissions, and committees.

Knowledge Management In Twenty Malaysian Companies, Lai Yee Kong

Student Works (2000-2009)

The world economy has evolved over the last couple of years from a managed economy into an entrepreneurial economy or commonly referred as knowledge-based economy. In the knowledge-based economy, knowledge is becoming the primary production factor comparing to the traditional economies, which focused on labour, land, and capital. Therefore, there is a need to explore its impact to Malaysian's firms. This research deals with knowledge management in the emergence of knowledge economy especially for developing country such as Malaysia. Exploration of Malaysian's managers' perception towards knowledge management process and its awareness will be focused in the entire research study. In …

Director Ownership And Financial Performance Of Listed Companies In Malaysia, Kiew Heong Yap

Student Works (2000-2009)

The ability to align managerial and shareholder Interests via the managerial ownership of equity is an important topic of Inquiry, with the governance issues arising from the separation of ownership from control. The primarily US and UK based literature and findings suggest that management is aligned at low and possibly high levels of ownership but is entrenched (pursuing self interest) at intermediate ownership levels. This paper examines the relationship between the performance of public-listed companies (PLC) and director ownership in Malaysia using accounting and market performance measures. The empirical results of the paper shows that as director ownership in a …

Transnational Strategy At Nestle : A Focus On Nestle Malaysia, Pin Tat Keh

Student Works (2000-2009)

Nestle is one of the few multinational companies that adopts the transnational strategy to pursue its global competitiveness. In Nestle Malaysia, it is no different with great focus on product innovation and cost leadership a real challenge to the management. With the advent of trade liberalisation upon the implementation of AFTA and WTO, it is inevitable that Nestle Malaysia should focus on its core competencies and build on its strengths as designated by the Asian Zone Management, that is to be a regional player of Milo and infant cereals In order to consolidate and build on its dominant market share …

The Future Of Payphones Industry In Malaysia, Kamarul Shah Azman Mohd Hussin

Student Works (2000-2009)

With rapid technological advancement especially in telecommunications sector, today's payphones industry seems irrelevant and facing difficulties to survive in the current business environment. This paper presents an insight into the present and future of payphones industry in Malaysia by considering external environmental impacts and the industry competitiveness effects. Looking into the external environmental impact, it will be seen that payphones industry is in declining stage in term of its market share due to the existence of surrounding threats in the industry. In deeper perspective, this paper discusses on the contributing factors that causes Malaysian payphones market to decline, specifically in …

Survival Strategy Of Sunway Construction Berhad In 1997 Financial Crisis, Kok Leong Chow

Student Works (2000-2009)

Over dependence on the domestic market and government projects and lack of international exposure are the weaknesses of Sunway Construction Berhad, (SWCB), leading to being hit badly by the 1997 financial crisis. The financial crisis has only help to expose such weaknesses . The lack of marketing strategy and over-emphasis on closing of sale (Bidding of tender) do not help to face the challenges of the new business environment, such as trade liberalization ,merger and acquisitions, new entrants and Gatt's and protectionism. To survive well and to maintain growth, it is essential for SWCB to strengthen its competitive advantages and …

Research And Development Practices Of Malaysian Companies : Current Perceptions Of The Directors, Ervina Alfan

Student Works (2000-2009)

Short-termistic perception; according to a study done in U.K is the main cause for declining UK companies competitiveness in the international market. Because of this perception, companies are less involved in R&D activities. This scenario could be detrimental to their survival in the long run. This paper tries to explore this issue from the Malaysian perspective. It attempts to determine the perceptions of the Finance Directors of Malaysian companies and to obtain an understanding behind their perceptions.

A Study On Infant Formula Industry In Malaysia, Kaun Kwai

Student Works (2000-2009)

Since established in 1959, DUMEX (Malaysia) Sdn. Bhd. is the market leader in infant formula business in Malaysia. Stricter Code of Ethics for Infant Formula Products and increasing market competitiveness however, have awaken the need to examine appropriate marketing strategies in order to remain as number one in the infant formula segment. Marketing strategies proposed for infant formula industry in this study are predominantly based on capabilities of DUMEX (Malaysia) Sdn. Bhd. DUMEX Nutrition Services Team plays an important role in creating infant formulas awareness among health care professionals. Dilemma of high staff turnover generated a need to determine correlation …

Developing An Effective Marketing Strategy For Petlin (Ldpe), Ramu Shankar

Student Works (2000-2009)

Malaysian International Trading Corporation (MITCO), a fully owned subsidiary of Petroliam Nasional Berhad (PETRONAS) has been appointed to market the Low Density Polyethylene (LOPE) of PETRONAS's share to be produced by PETRONAS's joint-venture petrochemical plant called PETLIN. The plant would be on-stream (in production) at the end of the year 2001. A continued rapid growth in the low-density polyethylene (LOPE) market has been expected globally for the next 4 to 5 years although competition is being encountered from other resins such as polypropylene in the important consumer and industrial packaging market. The growing concern is that the impact of this …

Case Study : Business Strategy On Siemen's Power Plant Generation In Malaysia, Wai Chee Wong

Student Works (2000-2009)

The power plant producers in Malaysia is dominated by several market players such as Siemens, ABB, General Electric (GE), supplying hardware equipment, software support programs and after sales professional back up services to the Independent Power Producers(IPP) and Tenaga Nasional Berhad (TNB). This study highlights the business strategy on Siemens power plant generation operations in Malaysia. This study analyses Siemens' industry's market share, the competition structure, its product plans, its pricing plans, etc. using relevant business models, making remarks and recommendations in order to strengthen its strategic competitive advantage in order to stay ahead or to remain as a major …

Application Of Soft System Methodology In A Planned Organisational Change : A Case Study On Chs Ind. Bhd., Chew Choo Chan

Student Works (2000-2009)

The objective of this study is to gauge the organisation viability and performance by applying the Soft System Methodology, to draw a framework for a planned organisational change in a polywrap packaging material manufacturer. The selection of samples for observation and secondary data was based on census (for organisation level and group level) and probability sampling (for individual level). The stratified sampling method was used to select 30% (70 individuals) from 3 levels of employees in the organisation (which consists of 234 employees). The 5 points Likert Scale was used to measure the magnitude of the variables being evaluated. The …

The Strategic Management Of A Large Scale Information Technology Project In The Financial Services Sector, Foong Seng Chee

Student Works (2000-2009)

Information Technology (IT) is one of the essential building blocks of modern organizations. Increasingly, IT is being used by innovative organization to facilitate the re-engineering of their business processes and in some instances to radically change the way in which they conduct business. Therefore, IT is no longer a technical problem but a business issues. IT strategy should be created to serve as a tool to implement an organization's business strategy and provide the company strategic advantage. The main purpose of this dissertation is to explore the issues surrounding IT strategy formulation and implementation especially in term of merging in …

Teenagers' Acceptance Of Products Endorsed By Ethnicity Of Local Celebrities, See Seng Lim

Student Works (2000-2009)

The world population today is said to be not less than seven billion citizens. It is said that every minute a baby is being born somewhere in the world and unconfirmed statistic reported that a big fraction of the population comprises of the youths. lf the report findings are true there is a huge and lucrative teen market waiting to be tapped yearly that might runs into billions of US$ dollars. No wonder the teenager has been the focus of media attention and commercialization. This paper seeks to explore the Malaysian teen market and their acceptance of celebrity as an …

Technology, Globalization And Liberalization : The Effectiveness Of Pos Malaysia Berhad To Meet Challenges, Nazirruddin Abd. Rahman

Student Works (2000-2009)

Technology, globalization and liberalization are new forces that challenge Pos Malaysia Berhad (PMB) government core control business business activity activity and organizational effectiveness. being a government control business entity, the business entity and the institutional and legal set-up to a certain extends limit PMB effective response to the environmental changes. It made more difficult when the entity has to fulfill two divergence objectives; to support some overarching social ideal and to excel in business performance. The interactions of these factors have developed some observable symptoms to PMB organizational weakness. This phenomenon triggered the need to analyze PMB organizational effectiveness to …

Corporate Strategy For An Enterprise : Case Study On A Local Private Education Company, Sau Keen Wong

Student Works (2000-2009)

Recent decades have seen tremendous growth in the number of public and private institutions of higher learning being set up in Malaysia especially by the private sector. The catalyst behind this growth is none other than the Malaysian government; where reputable and financially strong private corporations were encouraged to participate in the establishment of private universities and colleges to address the shortages in supply versus the continuous increase in demand for tertiary education in Malaysia. This will also curtail the increase In outflows of foreign exchanges due to large number of students advancing their studies overseas, which arise directly as …

Key Factors Predicting The Effectiveness Of Organizational Change, Shreen Ahmad

Student Works (2000-2009)

Change management is the process of continually renewing an organization's direction, structure and capabilities to serve the ever-changing needs of the external and internal customers. Mastering strategies for managing change is more important today since the rate of change is greater than at any other time in history. Research shows that many change initiatives, even those undertaken by organizations with the best of intentions, are often destined for failure. It is therefore imperative for organizations to develop and implement strategies for successful organizational change. Many authors have provided guidelines on the principles and practices underlying the effective management of change. …

A Study Of Recruitment And Selection Procedures In The Private Sector, P. George Koshy

Student Works (2000-2009)

It is universally recognized that people make the difference to an organization. Hence the type of people recruited by organizations are extremely important. How they are managed at work is influenced by a variety of factors ranging from the size of the organization to government regulations and it's culture and philosophy. The need to have employees identify themselves with the organizational objectives and contribute positively to it's success is the crux of human resource management in general and recruitment in particular. Taking cognizance of the importance of people and their contributions, companies generally are making every effort to recruit the …

Industri Kecil Dan Sederhana Malaysia Dalam Ekonomi Global, Abdul Jabbar Abdullah

Student Works (2000-2009)

Ekonomi dunia masa kini telah memperlihatkan pelbagai perkembangan yang menarik. Era ledakan teknologi maklumat liberalisasi dan globalisasi serta K­ ekonomi memberikan cabaran baru kepada sektor pemiagaan dan industri. Jelas transfonnasi dan perubahan struktur ekonomi tersebut menjadikan tekanan persaingan pemiagaan tennasuk sektor industri bertambah sengit. Hanya industri yang mempunyai daya saing yang kukuh mampu bertahan. Bagaimanapun, sektor perkilangan terutarnanya sektor industri kecil dan sederhana (IKS) di Malaysia terus dilingkari oleh masalah tradisi yang seolah-olah tiada penghujung. Masalah kewangan, penggunaan teknologi yang minimum dengan kualiti keluaran yang rendah sentiasa menjadi isu utama yang menjcjaskan perkembangan sektor tersebut. Justeru, kemampuan IKS dalam mengharungi …

A Study Of Consumer Buying Behaviour In The Selection Of Sauces, Chow Sim Cheong

Student Works (2000-2009)

Sauces are the common product used by most of the household in Malaysia. Every household usually has at least a bottle of Chilli Sauce or Tomato Ketchup or Oyster Sauce. It is interesting to study the selection criteria of Malaysian households on the purchases of sauces by the demographic (such as gender, ethnicity, age, education, occupation and income) and psychographic characteristics (such as social class and lifestyle). Psychographic refers to a set of values or tastes exhibited by a group of consumers, especially as they are reflected in consumption patterns. Purchase behaviour, including store patronage preferences, is also explored. Data …

The Competitiveness Of Malaysia Palm Oil Export By The Year 2005, Wee Chen Liew

Student Works (2000-2009)

The palm oil production in Malaysia has been on the increased trend since it was first commercially produced. In the last 10 years its contribution towards Malaysia GDP also is shadowing the trend of the production and export. Malaysia palm oil industry is getting more competitive in recent years. Indonesia, the second largest producing country is posing a huge threat to Malaysia with their vast land and cheaper labor. Hence, it is crucial to understand the competitiveness of Malaysia palm oil industry in relation to Indonesia as well as other major oils and fats producing country. Porter Five factor analysis …

Sumatec's Survival Strategy In The Construction Sector Of Oil And Gas Industry, Kin Wah Phoon

Student Works (2000-2009)

The oil and gas industry worldwide is experiencing a rapid growth of demand in its petroleum products. In line with this, the growth in construction sector of oil and gas industry is relatively high too. It demands for high quality and safety standards of works and it offers premium price to its contractors. Due to the higher profitability as offered by the construction sector of oil and gas industry as compared to other general industries, many firms are striving to become one of its contractors. In Malaysia, its demand for high quality and safety standards to be performed by the …

Administration Of Tourism In Nigeria, Roddy Igwebuike Nwokeabia

Student Works (2000-2009)

As the title suggests, this research study focuses on the administration of tourism in Nigeria. Tourism, because it is one of the most neglected sectors of the troubled Nigerian oil dominated economy. In addition, tourism is the world's largest growth industry with no signs of slowing down in the 21st century and employs and estimated 100 million people around the world. Foreign currency receipts from international tourism reached US$ 423 billion in 1996, outstripping exports of petroleum products, motor vehicles, telecommunications equipment, textiles or any other product or service (World Tourism Organisation, 2001). It has also been observed that although …

Corporate Governance And Political Ownership, David Seong Wei Lo

Student Works (2000-2009)

This paper makes an attempt to study the concept of corporate governance in a political ownership environment. It emphasizes the relationship between political objectives and governance objectives. The paper first gives a preliminary view of corporate governance and political ownership. It investigates whether political ownership will restrict the functioning of the governance mechanism. By making a case study of several privatised firms with strong political ownership, it shows that there is a strong possibility that political objectives will undermine the governance objectives without a proper check and balance system in place. There are indications that the situation is starting to …