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The New Environmental Stewardship

Heads of corporations have long been fluent in the languages of competition, finance, shareholder value, and - more recently - manufacturing strategies and global information networks. But for many, environmental management was an issue to be looked after elsewhere in the organisation.

Japan's Changing Management Style

In response to the rapidly changing world markets in which they compete, Japanese firms are facing the need for significant changes in the way they manage themselves. While some changes are already under way, more drastic changes may be expected. Specifically, Japanese firms are moving toward a...

The New Production-Sharing Networks

Production sharing is a strategy for conducting industrial operations in which certain procurement and manufacturing processes are restructured and shared, with firms in a developed country furnishing capital and technology-intensive components, while firms in a developing country furnish labor-...

From Uncertainty to Risk: Reducing the Guesswork in R&D

The R...

Planning for Chaos: A Scenario Approach to the Oil Market

No one can forecast oil prices. Yet a sharp change in oil prices can radically alter business conditions for a very large number of companies. In the early 1980s, automobile companies, iron and steel companies, airlines, marine transportation companies, and ultimately financial institutions all...

Asia Pacific: The Next Regional Trading Bloc?

If Lester Thurow is right in suggesting that GATT is "dead," how will international trading relationships develop during the rest of this century? In an era of improving communications and rapid economic development, companies' investment, marketing, and sourcing strategies are becoming...

The New Business Topography

Once again we are embarked on a period of turbulent change, when it seems that the established order is dissolving, familiar guideposts disappearing, and our traditional frames of reference out of date. The very topography in which business is conducted is shifting beneath our feet. Change of this...

Proprietary Technology: The Next Challenge for the NICs

The future economic success of the Asia Pacific region is predicated on developing and sustaining a successful manufacturing sector. This must include not only primary processing and secondary manufacturing, in which the region has considerable experience, but the development of proprietary...

Redefining the Corporation

In recent years, a great many corporations have been reshaping - or at least attempting to reshape - themselves, with varying degrees of success. In North America, at least, the 1980s could easily end up being called the Decade of Downsizing. Reasons for this trend include deregulation, volatile...

Viewpoint Beyond Tiananmen: Is There a Future for Foreign...

The recent events in China's Tiananmen Square sent a deep shudder through the boardrooms of many firms in the United States, Western Europe, and Japan. While most foreign companies doing business in the People's Republic of China (PRC) have felt somewhat uneasy about making significant commitments...