Looks at different aspects of competitiveness emerging from thisyear′s new books – the international race for supremacy, thecontribution of logistics towards commercial success…
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Looks at different aspects of competitiveness emerging from this year′s new books – the international race for supremacy, the contribution of logistics towards commercial success, and benchmarking vis‐a‐vis both the company and the customer.
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An anonymous Chinese quotation aptly describes the state of mind of many of us today. About 1,000 years ago, it was said, “When a big fish is pulled from the water, it flops about…
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An anonymous Chinese quotation aptly describes the state of mind of many of us today. About 1,000 years ago, it was said, “When a big fish is pulled from the water, it flops about wildly to find its way back in. The fish never asks where the next flip or flop will take it; it senses only that its present position is intolerable and something else must be tried.” In the face of our current turbulent environment, many businesses are flipping and flopping about because they do not understand what is causing the turbulence. By borrowing concepts from two of the physical sciences, geology and biology, I believe we can begin to understand the forces that are driving this environmental turbulence.
Adam Jamrozic and Marilyn Hoey
This monograph is an attempt to examine some of the changes which have occurred in the structure of the workforce in Australia during the 1970s. The study has the form of…
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This monograph is an attempt to examine some of the changes which have occurred in the structure of the workforce in Australia during the 1970s. The study has the form of exploratory analysis of data extracted from official labour market statistics, and its aims are to consider three broad issues: the significance changes in the labour market may have for Australian society, and particularly for the people who constitute the workforce, actual or potential; the implications of those changes for social policy; and the appropriate research methods of identifying social and social welfare issues in economic activities.
The essays by Sauer and Cassidy have argued that significant questions can be raised philosophically and historically about the guiding assumptions of economic behaviour. One can…
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The essays by Sauer and Cassidy have argued that significant questions can be raised philosophically and historically about the guiding assumptions of economic behaviour. One can also argue that these assumptions offer a partial view of human being with an accompanying loss of the sense of the whole person. Economics tends to reduce the multiform and rich notion of person to simply a datum of economic activity. In this essay, I will argue that there is a need to re‐examine basic assumptions about what it means to be fully human. I will do this from the perspective of developmental psychology, because developmental psychology has empirically based theories that produce expectations about humanity and the future that are very different from those ascribed by economics. This essay will examine developmental theory, particularly that of Robert Kegan, to show its relevance to providing a direction for economics.
Studies five successful chief ’ntrepreneur officers (CNOs) together with one failure. Looks at why the CNO is indispensable. Presents 36 characteristics of CNOs across six groups…
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Studies five successful chief ’ntrepreneur officers (CNOs) together with one failure. Looks at why the CNO is indispensable. Presents 36 characteristics of CNOs across six groups: eagerly embracing risk, passionately innovating, creating/harnessing disequilibria, empowering the middle management, empowering top management with complementing industry product and participants and with complementing capital products and providers. Uses numerous case studies to demonstrate theory and provide a number of questions and answers.
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Peter B. Webb and Harold L. Bryant
Emphasizes one of the two basic types of technology, Kaizen technology, which was principally conceived in Japan. Also discusses the relationship between Kaizen technology and the…
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Emphasizes one of the two basic types of technology, Kaizen technology, which was principally conceived in Japan. Also discusses the relationship between Kaizen technology and the second type, innovative technology. Kaizen technology is one of the principal reasons for Japan’s economic success. Asserts here that if American businesses are to compete successfully in international trade in future years, they must integrate and apply Kaizen technology. Presently, the prevailing managerial philosophy in the US, Taylor’s “scientific management”, impedes this integration and application. This philosophy, based on Frederick Taylor’s ideas, is contrasted with Kaizen technology. Finally, recommendations are presented to assist US firms in the transition from Taylor methods to quality management and Kaizen technology.
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Among developing countries, the Republic of China in Taiwan (hereinafter Taiwan) has been experiencing economic growth accompanied by improving income distribution. Between 1964…
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Among developing countries, the Republic of China in Taiwan (hereinafter Taiwan) has been experiencing economic growth accompanied by improving income distribution. Between 1964 and 1980, the average annual growth rate of the real gross national product was 9.92 per cent (Council for Economic Planning and Development (CEPD), 1982, p. 23). In the same period, the income ratio between the top 20 per cent and the bottom 20 per cent of families dropped from 5.33 to 4.17 and the Gini coefficient decreased from 0.36 to 0.30 (CEPD, 1982, p. 54; Directorate‐General of Budget Accounting and Statistics, 1980, (DGBAS), p. 44). To put it somewhat dif‐ferently, in 1964 the lowest fifth of households received 7.71 per cent of total personal income, and the highest fifth 41.07 per cent. But in 1980, the income share of the lowest fifth increased to 8.82 per cent while that of the highest fifth decreased to 36.80 per cent. The condition of greater equality in income distribution appears more obvious in the capital city of Taipei. In 1981, for instance, its Gini coefficient was estimated to be only 0.28 (Taipei Bureau of Budget, Accounting and Statistics, 1981, (TBBAS), P. 24).
As Stack was finishing up this column, Merrill Lynch made the stunning announcement it will offer low‐priced, un‐brokered, on‐line trading by the end of the year (it had…
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As Stack was finishing up this column, Merrill Lynch made the stunning announcement it will offer low‐priced, un‐brokered, on‐line trading by the end of the year (it had previously delivered limited on‐line access only to selected highest net worth clients).
Discussion of the theoretical underpinnings of Public Administration necessarily involves an appraisal of the legacy of mercantilism. Few movements have had more lasting influence…
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Discussion of the theoretical underpinnings of Public Administration necessarily involves an appraisal of the legacy of mercantilism. Few movements have had more lasting influence on the development of Public Administration or roused more controversy. As a philosophy originating in the Elizabethan era, its effects on the structure and form of political governance and organizations were astounding. Although sometimes cast as a relic of a bygone era, this article discusses how mercantilism and its progeny are alive and well in the twenty-first century global economy
Sang T. Choe and Kelly D. Huff
North Korea is moving in the direction of an open market as China did a generation ago. With a substantial population of 22 million, the country has abundant natural resources and…
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North Korea is moving in the direction of an open market as China did a generation ago. With a substantial population of 22 million, the country has abundant natural resources and an affordable labor force that are attractive to contract manufacturers, importers of retail goods, and contractors of large turnkey projects. North Korea's strategic location in the Far East offers enormous savings in transportation cost for multinational firms wishing to ship goods to Southeast Asia and Europe. Five reasons to do business with North Korea are analyzed in the report.