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Viewpoint What Executives Need to Learn

Executives who understand their work in terms of a flow of information are still a very small minority. Most of us continue to use computers primarily to do things we have always done - that is, to crunch numbers. Information - which means the right knowledge to take effective action - is still...

Toward Effective Supplier Management: International...

The purchasing function is acquiring high priority in the eyes of senior management for a number of reasons. First, increasingly global strategies for marketing and manufacturing require equally global approaches to sourcing. The skills and knowledge required for effective worldwide sourcing are...

Industry/Government Partnering: Toward a New Industrial...

Confronted with an increasingly competitive business environment at both national and international levels, corporations of all sizes are finding collaboration, teaming, and partnering more and more important, both tactically and strategically. Corporations increasingly recognize that the larger-...

Viewpoint The Other Germany: An Open Door to Europe and...

"With German unification apparently imminent, there is a danger that Americans will adopt a passive attitude towards commercial relations with the German Democratic Republic (GDR). European and Japanese firms, however, are not waiting for unification, but are moving quickly and decisively to take...

How the Japanese Manage Risk

Americans hear so much about Japan as the success story of the international economy, they sometimes forget that the Japanese have economic problems of their own. Japan has its declining industries such as steel and its low-wage competitors such as South Korea and Taiwan. And in an era of fast-...

Corporate Management of a Major Crisis

The way a company manages a major crisis can literally spell the difference between life and death - both for the immediate victims of the crisis and for the company itself. Over the past decade, several major crises have had severe environmental, health, and safety consequences, as well as drastic...

Strategic Alliances in High-Tech Industries

As the next century approaches, significant trends now emerging in global economics and technology will have major implications for corporate international strategies. While Europe and North America are forming stronger regional trading blocs, Western firms are also pursuing increasingly attractive...

Political and Economic Forces Shaping the Business World

Historians and social scientists do better looking backward than looking forward. Economists, for example, have predicted seven of the last two recessions. Once something has happened, however, we can usually explain why it was inevitable.

Telecommunications: Fueling Asia Pacific Growth?

If information is the oxygen of modern economic development, then telecommunications provides the essential circulatory system. A health check on the state of Asia Pacific telecommunications today would reveal both bad news and good news.

Alliances for Competitive Advantage: Why, When, and How

For better or worse, alliance formation soared during the 1980s as corporations united for competitive advantage. While many alliances have been highly successful, others have ended bitterly, and some should never have been formed in the first place. In today's world, it is important to understand...