Should American businesses guarantee workers lifetime employment as many Japanese and European firms do? While guaranteed employment poses some problems especially in times of…
Abstract
Should American businesses guarantee workers lifetime employment as many Japanese and European firms do? While guaranteed employment poses some problems especially in times of economic downturn, the benefits in terms of increased productivity can be substantial. Here are some strategies to make guaranteed employment work.
David A. Aaker and Briance Mascarenhas
How can today's business cope with increasing uncertainty? The answer lies in opening up avenues of strategic flexibility. The authors tell how.
Gabriele Suder and Michael R. Czinkota
Based on a literature review of terrorism and global business literature, this paper addresses those conditions that may lead to new considerations about risk and its management…
Abstract
Based on a literature review of terrorism and global business literature, this paper addresses those conditions that may lead to new considerations about risk and its management at policy and the MNE (multinational enterprise) level. How do MNEs adapt to the 09/11 ‐ type risk in strategic management that shapes choices made for internationalization and for international business operations? It is observed that MNEs increasingly enlarge the notion of political risk. We suggest the development of a strategic risk assessment that incorporates terrorism which in its threat, event and aftermath does not remain local or national, but influences investment, location, logistics, supply‐chain and other performance‐ linked decisions of the international value chain through an enlarged risk‐return evaluation. Using the OLI‐paradigm as a typology, we extend Dunning’s work by incorporating the terrorism dimension. We do so mainly through the analysis and distinction of the most vulnerable links in firms’ value chain in which adjustments need to be made in the face of terrorism threat, act and aftermath. This paper attempts to improve the understanding of international management in an era of global risk and uncertainty.
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It's not prudent to venture into international markets without learning how to gather local competitive intelligence. But you can start your analysis project without leaving your…