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The Editor's Chair.(Brief Article)(Editorial)
January 1, 2000... My father missed one day of work in the 25 years he worked at a small-town textile mill. That didn't prevent him from being fired one night when he lost his cool and gave some angry backtalk to a manager. Approaching 50 years of age, without a...
ALTERNATIVE DISPUTE RESOLUTION.
January 1, 2000... Since the beginning of the Republic, business decision-makers have railed against the legal system--its complexities, its costs, the diversion of resources, and the general sense of helplessness they feel when confronted with the lawsuits that...
Navigating China's Changing Economy: Strategies for Private Firms.
January 1, 2000... China presents a paradox to both entrepreneurs and investors. Its economic growth continues to be strong, having averaged nearly 10 percent annually for much of the last two decades. During that time, its GDP has increased more than tenfold,...
Relationship Marketing the Chinese Way.
January 1, 2000... It has long been recognized that maintaining personal relationships is one of the major dynamics in Chinese society. According to Confucianism, an individual is fundamentally a social or relational being. Social order and stability depend on...
Insider-Outsider Perspectives of Guanxi.
January 1, 2000... Much has been made of the prospects offered by China's economic ascendancy. The switch to a market-based economy coupled with double-digit growth has attracted waves of foreign investors in numbers the likes of which have not been seen since...
Cultivating Guanxi as a Foreign Investor Strategy.
January 1, 2000... The success of the joint venture involving three enterprises--New Jersey's North Sea Shipping, Inc., privately held China United Oil Refinery, and state-owned Sino Chemical--is due to the tightly fitted strengths of its partners. It is a...
Business Success in Eastern Europe: Understanding and Customizing HRM.
January 1, 2000... Many Western firms are investing rapidly in companies in former communist countries. Since 1989, Hungary alone has received about $18 billion in foreign direct investments (FDI), over a third of all EDT for Eastern and Central Europe. Six...
Understanding the Market Environment of India.
January 1, 2000... India is the second most populated country in the world, with nearly one billion people. It has a reasonably favorable pro-business environment that aims to attract multinational companies (MNCs). Because of this enormous market size and...
Of Competitive Advantage: Kinetic and Positional.
January 1, 2000... Competitive advantage is considered the basis for superior company performance. To perform at such a level consistently, a firm often has to nurture an evolving system of competitive advantages to carry it through competition and over time....
Knowledge Transfer an Management Consulting: A Look at "The Firm".
January 1, 2000... What is knowledge transfer (KT), and how does it relate to an organization? Why should a business such as a management consulting firm be concerned with it? Quinn (1992) maintains that most successful firms today can be considered "intelligent...
Timing--The Bedrock of Anticipatory Management.
January 1, 2000... "Only two types of people dance with elephants. the quick and the dead!"
Chinese Proverb
There is little doubt that the twenty-first century will bring unheralded change to the business world. The rate, magnitude, and...