Global corporate strategy has moved faster than global leadership development in many companies. This outcome has created some leadership problems: global companies may not have…
Abstract
Purpose
Global corporate strategy has moved faster than global leadership development in many companies. This outcome has created some leadership problems: global companies may not have enough leaders in their growth markets or leaders with the required global competencies in their headquarters. The purpose of this paper is to offer some concepts that may help companies tackle those problems.
Design/methodology/approach
This paper has a conceptual basis. It draws on previous theoretical knowledge on global leadership development and the experience of some leadership programs in global companies.
Findings
The first is that global leadership competencies should be based on the functions that global leaders need to perform and their specific context, not on some theoretical notions isolated from the business context. The second is the need for alignment of global leadership development with the firm's purpose and strategy. The third is that CEOs’ commitment is a key factor in making global leadership initiatives successful.
Research limitations/implications
This is a conceptual paper based on business experience. It needs to be complemented with additional empirical work.
Practical implications
Global leadership development should be based on real global business functions. Global leadership development should be aligned with the firm's purpose and strategy and its success depends on CEOs’ commitment.
Originality/value
The study of global capabilities needs to observe what happens in companies that have global leadership programs. Global leadership development takes place in specific organizations. This paper gets theory closer to the practice of global leadership development.
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How many times have you read about heightened global competition or dramatic changes in the competitive landscape over the last couple of years? Chances are quite a few. But no…
Abstract
How many times have you read about heightened global competition or dramatic changes in the competitive landscape over the last couple of years? Chances are quite a few. But no matter how much we read about such changes and the beneficial effects they may be having for consumers, many once‐on‐a‐time market leaders are witnessing the erosion of their competitive advantages and waving goodbye to their growth prospects.
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Gabriela Alvarado, Howard Thomas, Lynne Thomas and Alexander Wilson
The purpose of this paper is to evaluate key implications of globalisation for business schools, and to put structural alignment of academic structures with the Bologna…
Abstract
Purpose
The purpose of this paper is to evaluate key implications of globalisation for business schools, and to put structural alignment of academic structures with the Bologna Declaration in a broader strategic alignment with the needs of a knowledge‐driven society and a socially sustainable development.
Design/methodology/approach
The analysis uses systems theory for analysing dynamic change in society and a synthesis of its influences on business education, as we see the Bologna Process is neither conceived nor implemented with sufficient care for holism in the European effort to become an innovative society.
Findings
Business schools should extend their transformation effort beyond the Bologna Process and align their strategic model of operation with societal needs by integrating social requirements into their strategic framework.
Research limitations/implications
Research focuses on key external developments in business education at a transnational level. Future research should focus on the exploration of the business school response to social change in a local context.
Practical implications
A requisitely holistic picture of contextual change offers business school leaders deeper understanding of external implications for aligning schools with societal needs.
Social implications
Emerging social challenges in Europe are taken as the starting point for realigning a strategic model of business school operation with societal needs and the business world with the aim to improve schools' accountability and their evolvement into socially engaged actors with innovative approaches.
Originality/value
The paper presents a systemic and requisitely holistic view of social change for aligning the business school model of operation with the broader needs of a knowledge‐driven society that stretches beyond the formal academic structures unification in the Bologna Process.
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This paper aims to be a conversation with Joan Enric Ricart, conducted by Santiago Ibarreche, about his career as a successful scholar, prolific author and founder of many…
Abstract
Purpose
This paper aims to be a conversation with Joan Enric Ricart, conducted by Santiago Ibarreche, about his career as a successful scholar, prolific author and founder of many organizations that have contributed to the enhancement of the academic profession in the area of management.
Design/methodology/approach
This paper is an interview.
Findings
The interview explores Ricart’s career, his achievements and continued search for excellence in terms of teaching, research and service in academia and society. It highlights his experiences as a faculty member, a prolific author and a founder of many organizations. It also highlights his collaborations with different institutions and professional organizations and his contributions to new areas of research such as the future of cities.
Originality/value
The interview in this special section, A Life in Research, brings out an individual scholar’s experience and history, not only as recognition of scholarly impact but also as recognition of the person.
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Ricardo Calleja and Domènec Melé
The purpose of this paper is to present and interpret the “Enterprise Politics Model (EPM)” developed by Professor Antonio Valero, Founder and first Dean of IESE Business School…
Abstract
Purpose
The purpose of this paper is to present and interpret the “Enterprise Politics Model (EPM)” developed by Professor Antonio Valero, Founder and first Dean of IESE Business School, University of Navarra, Spain.
Design/methodology/approach
Drawing from a careful reading of Valero’s writings in their original context and some developments of these by his followers, this paper systematically presents and discusses the key ideas of Valero’s model for management and corporate governance.
Findings
The main features of Valero’s philosophy of the firm and of senior management can be summarized in four points: the firm as a community of persons; the firm as an intermediate social institution serving the common good of society; the different nature of political and technical practice, which leads senior management to exercise practical reason – not only science or technique, and at the same time a kind of political art, or wisdom; and the role and responsibility of entrepreneurs and top management. Valero emphasizes the political nature of management and, from a practical perspective, suggests a global analysis based on four big areas of governance: business activity, managing structure, institutional configuration, and professional community. He makes his model applicable by developing “political procedures”.
Research limitations/implications
Valero’s “EPM” is an original humanistic approach to management and corporate governance, with implications to business education. Valero’s contributions were based on his business and teaching experience and in a deep humanistic background, but adopted an intuitive outlook and need further conceptual development, actualization to contemporary business context and empirical research on the relationship between this model and performance.
Practical implications
Valero’s “EPM” is a practically oriented humanistic approach to management and corporate governance which can be a realistic alternative to conventional, and often criticized, approaches to management and corporate governance. In fact, it has already been successfully applied in several companies.
Social implications
In a context of growing discontent toward capitalism and the role of business in society, the “EPM” – discussed in this paper – shows how business might be run and organized to be socially responsible, contributing to the common good and respecting individual rights and flourishing.
Originality/value
The paper discusses, systematizes and interprets an innovative way of understanding management and corporate governance.
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Luis Enrique Ibarra-Morales, Monica Blanco-Jimenez and Beatriz Alejandra Hurtado-Bringas
The purpose of this paper is to boost the internationalization of companies by implementing key factors that will help them to increase their exports in a context of an emerging…
Abstract
Purpose
The purpose of this paper is to boost the internationalization of companies by implementing key factors that will help them to increase their exports in a context of an emerging country such as Mexico, where very few small- and medium-sized enterprises (SMEs) achieve internationalization.
Design/methodology/approach
According to different theories on the internationalization of companies, five independent variables were designed to measure their effect on the export performance using a multiple regression model on a sample of 95 Mexican industrial SMEs. In this context, the objective of this study is to investigate the impact of the product price, product quality, installed capacity, innovation capacity and financial capacity on the export performance of SMEs; and to identify the factors that are more significant.
Findings
The results indicate that innovation has a positive relationship, while the price of the product has a negative relationship with the internationalization of small- and medium-sized enterprises, showing that there is a possibility of overemphasizing the role of both variables in export performance of SMEs, at least in the Mexican context. The rest of the variables were not statistically significant to the generated model, perhaps because they are implicitly considered at the time of exporting and entering international markets.
Originality/value
These results will help companies to focus their efforts on obtaining resources to maintain and expand exports and find new opportunities in foreign markets to grow. They also show that companies can implement different types of internationalization strategies with the study’s variables to achieve better performance.
Propósito
El objetivo de este estudio es impulsar la internacionalización de las empresas mediante la implementación de factores clave que les ayudarán a incrementar sus exportaciones en un contexto de países emergentes como México, donde muy pocas pequeñas y medianas empresas logran la internacionalización.
Diseño/metodología/enfoque
Según las diferentes teorías sobre la internacionalización de las empresas, cinco variables independientes fueron diseñadas para medir su efecto en el desempeño de las exportaciones, utilizando un modelo de regresión múltiple en una muestra de 95 pequeñas y medianas empresas industriales mexicanas. En este contexto, el objetivo de este estudio es investigar el impacto del precio del producto, la calidad del producto, la capacidad instalada, la capacidad de innovación y la capacidad financiera en el desempeño exportador de las PYME, e identificar los factores que son más relevantes.
Resultados
Los resultados indican que la innovación tiene una relación positiva, mientras que el precio del producto tiene una relación negativa con la internacionalización de las pequeñas y medianas empresas, lo que demuestra que existe la posibilidad de sobre-enfatizar el papel de ambas variables en el desempeño exportador de las pequeñas y medianas empresas, al menos en el contexto mexicano. El resto de las variables no resultaron estadísticamente significativas para el modelo generado, tal vez porque están consideradas de forma implícita al momento de exportar e ingresar a los mercados internacionales.
Originalidad/valor
Estos resultados ayudarán a las empresas a concentrar sus esfuerzos en obtener recursos para mantener y expandir las exportaciones y encontrar nuevas oportunidades en los mercados extranjeros para el crecimiento. También demuestran que las empresas pueden implementar diferentes tipos de estrategias de internacionalización con las variables de estudio para lograr un mejor desempeño.
Details
Keywords
- Internationalization
- Industrial small- and medium-sized enterprises
- Export performance
- Emerging economy
- International markets
- CLADEA-2018
- M160
- M190
- F230
- F100
- F140
- O320
- Internacionalización
- Empresas industriales de tamaño pequeño y mediano
- Rendimiento de exportación
- Economía emergente
- Mercados internacionales
- CLADEA-2018
Jordi de San Eugenio Vela, Xavier Ginesta Portet, Marc Compte-Pujol, Joan Frigola-Reig and Cristina Fernández-Rovira
This paper aims to analyse the implications in terms of economic promotion and local development that ensue from the implementation of a strategy of agrarian branding in five…
Abstract
Purpose
This paper aims to analyse the implications in terms of economic promotion and local development that ensue from the implementation of a strategy of agrarian branding in five municipalities in the Baixa Tordera region (Catalonia, Spain).
Design/methodology/approach
The research follows a case study logic. First, five focus groups were designed and distributed by sectors of activity. Second, six in-depth interviews were scheduled with opinion leaders from the region. Finally, a survey open to all inhabitants was set up on the town councils’ websites.
Findings
The brand understood as a device removed from the connotations of indiscriminate marketing should guarantee the following elements in its deployment and implementation: knowledge, recognition, complicity, development and denomination of origin.
Practical implications
This research contributes to improve the management models of agrarian spaces, but it also helps expand the research background on studies on agrarian branding.
Originality/value
The place brand must become something close to a denomination of origin that, informally, invites us to define the future of this agrarian area. It therefore also affects the complexity of the planning and development of this area which, from now on, must necessarily be supramunicipal. In this way, the brand needs to offer a holistic vision of the region to all the agents that work in the strategic and urban planning of the five municipalities under study.