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Editor's note.
July 1, 2006... James O'Rourke's paper on how Merck managed communications about the Vioxx recall reads like the beginning of a novel. The ending may not be known for many years, as more than 11,000 product liability lawsuits run their course in the courts....
Corporate governance best practices: the proof is in the process.(Corporate governance)
July 1, 2006... Corporate governance best practices are, by their very design, intended to enhance board members' ability to discharge their responsibilities--responsibilities to shareholders, the company, and each other. Despite decades of research, dialogue,...
Stick this in your stovepipe.(Alternative strategies)
July 1, 2006... Often when a society has utterly collapsed, the last remains of the civilization are the chimneys of the buildings. Similarly, when a business organization is in a state of imminent collapse, its vertical structures--its "stovepipes"--often...
Merck & Co. Inc.: communication lessons from the withdrawal of Vioxx.
July 1, 2006... On the afternoon of Friday, September 24, 2004, Joan Wainwright, Vice President of Public Affairs at Merck & Co., Inc., sat in the jury waiting room in a Baltimore, Maryland courthouse. "One last time," she thought, as she checked her...
Are you enjoying globalization yet? The surprising implications for business.
July 1, 2006... Haier, the Chinese household appliances manufacturer, is enjoying the fruits of globalization. So are Israel-based Teva in pharmaceuticals, Rolls-Royce in engines and turbines, Toyota in automobiles, and Infosys in information technology.
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Not by technology alone: sustaining winning strateaies.(business management strategies for high technology industries)
July 1, 2006... Business strategies built upon single competencies are abundant in today's fast changing, information and technology driven environment. Yet, the most successful firms of the current decade and century are learning to become highly flexible,...
Cultural competence in the business world: a Finnish perspective.
July 1, 2006... In western societies, culture and economy are still understood to be two separate things. The concept of culture is associated with something sublime and distant, while business is seen mostly in terms of moneymaking. Between the two lies a...
Strategic marketing and the global banking industry: elements of excellence.
July 1, 2006... It is not news to even the most casual observer of the financial services industry that these are challenging times for financial institutions. The pace of change and the growing complexity around are breathtaking. The information technology...
Memory loss? Corporate knowledge and radical change.
July 1, 2006... An organization's ability to collect, store and use knowledge it has generated through experience can have important consequences for its performance. Storing and using stored knowledge effectively can buffer the organization from the...
Bouncing back: response strategies to the dotcom bust in Israel.
July 1, 2006... Introduction
Business strategy is the way managers decide to use the resources of their firms to respond to the threats and opportunities of their environment. Critical changes in these environments change the rules of the game and force...