Gaining advantage by 'leaking' information: informal information trading
Article Abstract:
A study of the steel industry in the US and Germany has illustrated the benefits of information trading by companies. Information may be exchanged in ways which are not formally regulated. This may take the form of advice on technical matters. The US petroleum industry has and explicit set of guidelines relating to information trading. Oil scouts collect information which they first pass to their employers. They seek to provide accurate information both to employers and to associates employed by other companies. Obligations are created through trading information.
Publication Name: European Management Journal
Subject: Business, international
ISSN: 0263-2373
Year: 1995
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Building the entrepreneurial corporation: new organizational processes, new managerial tasks
Article Abstract:
The business environment of the 1990s is characterised by instability, slow growth and an abundance of capital. Companies which relied on size and diversity have found this new environment to be inhospitable. New management roles are needed such as revitalizing and rationalizing firms, and fostering initiatives. Companies need an integrated theory in order to abandon old-style models. Top managers need to become institutional leaders rather than allocators of resources and arbitrators.
Publication Name: European Management Journal
Subject: Business, international
ISSN: 0263-2373
Year: 1995
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New view of strategy: an interview with C.K. Prahalad
Article Abstract:
C.K. Prahalad is associated with a number of management concepts such as strategic intent. He has developed early notions of core competence and stretch and leverage into a wider view on strategy. He argues that it is necessary to involve many people in setting up a strategic direction. Investment opportunities need to be constantly created in order for companies to achieve profits. Prahalad argues that size is not important, rather, innovation and entrepreneurial skills are crucial.
Publication Name: European Management Journal
Subject: Business, international
ISSN: 0263-2373
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
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