Managers, technology and market forces

Article Abstract:

Some economic beliefs in capitalist societies are that market forces can best satisfy the needs of society and that free markets should not be hindered by regulation. Coupled with these beliefs is a belief that public sector entities are inefficient in satisfying public needs because the lack of competition makes them insensitive to public demands. An analysis of training polices in the UK and Japan indicates that UK businesses often do not emphasize innovation in research and development (R&D) or properly train personnel. These results indicate that market forces play only a limited role in deciding on the allocation of resources to R&D, education, training, and capital investment. The UK government must play a vital role in ensuring that these critical areas receive sufficient resources for the UK to remain economically viable.

Analysis, Japan, Industrial research, Free enterprise, Corporations, Japanese

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Management training and development: in search of an integrated approach

Article Abstract:

Many UK firms are committed to management training and development (MTD), but questions remain how to develop truly effective MTD programs. Research in this area reveals major trends in course content, training delivery, customization, and targeted management levels. MTD is often perceived as positive because it creates more participatory management and enhances the ability of managers to influence their environments. Research also shows there is an absence of corporate strategy synthesizing training goals and that organizations need to integrate MTD with their strategic planning. Additionally, research reveals the importance of customized training. The ideal MTD program incorporates personal development, performance reviews and appraisals, and career planning.

Human resource management, Strategic planning (Business), Management training

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Issues management: integrating value audits in strategy formulation

Article Abstract:

Corporations in Great Britain, West Germany and the United States that are involved in projects affected by country politics, such as environmental or military projects, are studied to determine whether company cultures and value system affect the success of the project, and how effective a company can be in influencing country-wide political decisions. Company political value systems are essential to corporations involved in politically sensitive projects, because these systems allow the company's managers and executives to form networks that include politicians and public figures. A lengthy case study of management and political activity at a West German firm, Baerlocher Chemical Works Munich, is examined in support of the research.

United States, Business, Political activity, Political aspects, Corporate culture, Environmental policy, Germany, West, Corporations, West German, Baerlocher Chemical Works Munich

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