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Why make managers?(highly skilled employees need not be groomed for management)
January 1, 1996... In traditional industries, where the management chain of command was precisely defined, a person making a certain kind of decision was a person occupying a particular position in the organization chart. As the saying went, authority (to make...
Toward global convergence.(differences in culture, economics, values, disappear across the world)
January 1, 1996... In the long run, we are all dead," observed British economist John Maynard Keynes. Although speculation about tomorrow is, at best, problematic, three seemingly unconnected undercurrents are converging with nearly the same certainty as Lord...
Investing in India: strategies for tackling bureaucratic hurdles.
January 1, 1996... Although free-market reforms have spurred foreign investment in India, bureaucratic hurdles continue to shackle foreign investors and impede the flow of investment. From July 1991--when the free-market reform policy started--to December 1994,...
Transfer pricing by multinational marketers: risky business.
January 1, 1996... Transfer pricing decisions are made every day in multinational corporations. When a department within an MNC transfers its tangible or intangible output to another department or a subsidiary, it regards this transfer as a sale. The price that is...
The stalled revolution: business education in Eastern Europe.
January 1, 1996... Some time ago, I spent ten days lecturing at a Polish business school and was gratified to find all my classes and seminars jammed with students and businessmen. Everyone was enthusiastic and keen to learn as much as possible. After the last...
Fear of the needle? The future of Hong Kong business.
January 1, 1996... In 1982, when the British government announced that it would return Hong Kong to China in 1997, a wave of shock and concern rolled through the colony. The massacre in Tiananmen Square on June 4, 1989 was another blow to Hong Kong, arousing an...
Gainsharing: a lemon or lemonade?
January 1, 1996... In 1981, gainsharing received attention from the federal government when the U.S. General Accounting Office issued a report entitled Productivity Sharing Programs: Can They Contribute to Productivity Improvement? The conclusion of that report was...
Comparable worth: the Canadian legislation. (implementation of pay equity laws in Canada)
January 1, 1996... In many ways the historical aspects of Canadian public policy on gender-based wage discrimination have undergone a development much like those in the United States. Although the concept of comparable worth is a relatively new phenomenon, it is...
Challenges in managing technology in transnational multipartner networks.
January 1, 1996... The high-profile establishment of research and development labs in the United States by leading high-tech Japanese companies signals a growing trend. Ever more R&D labs, such as NEC's lab at Princeton and Mitsubishi's at Cambridge, are being...
The Faculty-in-Residence program.(Wake Forest University's Babcock School of Management)
January 1, 1996... Business schools have come under increasing criticism over the relevance of faculty research to business practice and the adequacy of curriculum design and structure to prepare business leaders for the twenty-first century. Dissatisfaction over...
Green issues.(social and legal considerations for companies making products more environmentally safe)
January 1, 1996... "It's not easy being green."
-- Kermit the Frog
As industry voluntarily "greens" into the twenty-first century, a host of related terms beg practice and definition. Producers must distinguish between product and package when claiming...
Improving profitability through product triage.
January 1, 1996... Managers usually understand that their primary goal is to increase profitability, but surprisingly few companies attempt to improve future performance by analyzing current profitability. Even when managers recognize the importance of...
Will the real socially responsible consumer please step forward? (marketing)
January 1, 1996... It appears that the U.S. public has placed the environment and certain social issues at the top of its agenda. This has likely resulted from increased media coverage of environmental disasters and social problems. Environmental concerns first...