In the next 10 years, service industries will dominate the list of fast‐growing, small‐business fields. Take a look at what factors are behind the trends, as well as who's taking…
Abstract
In the next 10 years, service industries will dominate the list of fast‐growing, small‐business fields. Take a look at what factors are behind the trends, as well as who's taking advantage of them—and how.
Tylor Garacci and Brian H. Kleiner
Posits that US companies are now recognising the challenge of holding on to qualified workers and making life as comfortable as possible, to keep these “assets” on board. States…
Abstract
Posits that US companies are now recognising the challenge of holding on to qualified workers and making life as comfortable as possible, to keep these “assets” on board. States that, in the 1990s, workplace quality of life issues appear prominent. Glances at retirement, social security, the smaller firm and retirement provisions etc. Sums up that, increasing the odds must be worth the extra effort to safeguard employees’ future and their financial arrangements therein.
Details
Keywords
The key to any successful organization must be its communication network. Bold statement, but is it true? It is, of course, a sweeping generalization and one with which anyone…
Abstract
The key to any successful organization must be its communication network. Bold statement, but is it true? It is, of course, a sweeping generalization and one with which anyone would have difficulty in picking an argument. One way to determine what is, and what is not, vital to your organization is by eliminating it from the equation and asking yourself where you would be without it. Do away with your communication system, apart from the most basic, and see what you are left with? If the answer is not a great deal, then you can hopefully appreciate the importance of what you have, and realize the attention it deserves. Taking things for granted is an all too common phenomenon. When developing new systems and new strategies, it is important to remember the existing systems so as not to ignore their development too. Distribution and logistics management is an area which is experiencing many changes and, because of this, it is important for the communication system to be first class.
If your company is like most, you are providing your customers with more options, more variety, and more customization than they have ever had before. While that is indeed…
Abstract
If your company is like most, you are providing your customers with more options, more variety, and more customization than they have ever had before. While that is indeed the direction in which most firms must move in order to succeed in today’s turbulent markets, you must remember a simple rule: customers do not want more choices. They just want exactly what they want.
Joshua B. Bellin and Chi T. Pham
This article aims to advise leaders of global enterprises who are increasingly concerned about the effects of international expansion on their corporate culture. It seeks to…
Abstract
Purpose
This article aims to advise leaders of global enterprises who are increasingly concerned about the effects of international expansion on their corporate culture. It seeks to explain that companies that nurture a set of enterprise‐wide mindsets can maintain a unity of purpose while at the same time successfully adapting practices to diverse local economic and cultural conditions.
Design/methodology/approach
An Accenture survey of more than 900 senior executives on the challenges of building a global organization revealed that they are increasingly concerned with the problem of maintaining a common corporate culture and identity. The firm then studied the best practices of successful firms.
Findings
When performance mindsets are widely shared, they translate established company values into practices by means of commonly understood guidelines on how to recognize and solve problems – which, in turn, guide the organization in making decisions when faced with many possibilities.
Practical implications
Country managers must ensure that the company's values and mindsets are used to overcome the national, cultural, and linguistic boundaries that can block success.
Originality/value
With the participation of leaders at all levels of an organization a company's management of its performance mindsets can become a distinctive capability and thereby a source of international competitive advantage. By successfully following these steps for managing and propagating shared values and mindsets across diverse organizations corporations can produce winning performance in the competitive international arena.