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Failing to Change: The Plight of the Japanese Computer...

Japanese companies are still suffering from low earnings and profits, legacies of the collapsed "bubble economy" of the late 1980s. Among the sufferers are the biggest electronics firms in the country: Fujitsu, Hitachi, Mitsubishi Electric, NEC, and Toshiba. Some industry observers believe that the...

Emerging Technologies: A Novel Approach to Envisioning...

Just beyond the typical business time horizon are significant new technologies that will change our lives. These emerging technologies, not yet fully realized and still outside the arena of competition, will create enormous opportunities – and huge threats. Each of these technologies tends to be 10...

Recreating the Argentine National Oil Company: A Paradigm...

As has been widely documented, Argentina is in the process of dramatic change from a centrally controlled economy with protected markets to a competitive economy with open markets. The pace of change and its evident success testifies to the leadership of President Carlos Menem, who took power in...

Integrated Product Definition: Using QFD for the Business...

Quality function deployment (QFD) techniques have long been recognized as a potentially invaluable tool in successful product development. QFD techniques provide a systematic methodology for translating market opportunities and customer needs into clear product specifications that engineers and...

Reengineering Revisited: Achieving Seamlessness

Some people assume that reported failures in business process redesign (BPR), also known as reengineering, sound its death knell. We see such predictions as grossly premature. BPR will be with us indefinitely, for the simple reason that BPR, done right, creates tremendous improvements in business...

The Chief Technology Officer as an Agent of Change

Peter Drucker wrote in one of his many insightful essays: "The source of wealth is knowledge. If we apply knowledge to tasks we already know how to do, we call it productivity. If we apply knowledge to tasks that are new and different, we call it innovation." He went on to say that "the two beacons...

Managing Transformational Change

The pace of change is faster than ever before – and accelerating. While new technologies transform the ways people work and the ways businesses operate, new markets, with enormous potential, are opening up in Asia, Eastern Europe, and Latin America. Unforeseen competition – from different countries...

A Prism Primer Protecting Intellectual Property

Recent news items underscore the effective use of intellectual property to protect and enhance an organisation's competitive position. Despite the critical importance of intellectual property, few companies really understand what it is, how various laws and regulations work to protect it, what...

Finding Common Ground Through Alliances and Partnerships

Editor's note: Patrick Noonan is a conservationist, dedicated to preserving nature, protecting resources, and cleaning up pollution. Paul Chellgren is an industrialist, dedicated to using natural resources to make products that are useful to society, challenging nature, and creating goods and...

Core-Technology-Based Management: The Next Japanese...

Intensifying competition - driven in part by the worldwide economic slowdown - is forcing Japanese companies to abandon their "copycat" or "me-too" strategies and adopt new Western-style strategies based on proprietary technologies. In the past, Japanese competitive advantage arose from superb...