Planemakers change formation
Article Abstract:
The European aerospace industry may well lose the decisive edge it gained in the 1980s when aircraft manufacturers from various countries consolidated their presence in world markets through strategic cooperation. In the 1990s, the cooperative spirit that propelled European aerospace firms to record sales in the 1980s has rapidly unravelled, as a post-Cold War decline in military sales forces key players to compete against each other in the commercial aircraft market. Symbolic of the division in the ranks of Europe's top aircraft manufacturers is the decision of several firms to separately launch development projects to develop the next generation of commercial aircraft, particularly in the lucrative commuter jet market. Given the high development costs involved, it seems likely that some of Europe's aerospace companies may not survive what may become a bruising battle for market share.
Publication Name: International Management
Subject: Business, international
ISSN: 0020-7888
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
Boeing develops a new design to cut down on corporate drag
Article Abstract:
Boeing Commercial Airplane Co plans to reduce its 1986 record of $1.4 billion in wasted materials and personnel time to $260 million annually within five years. The current figure represents seven percent of sales, which is at the lower end of the five to fifteen percent industry average for waste. Analysis of the 1986 waste figure indicates that: 35 percent of the waste is assignable to scrap material, 28 percent is lost employee hours, 23 percent represents lost sales, and 14 percent is capital losses caused by equipment downtime. Research also reveals that most of the problem results from inadequate and problematic systems and processes, rather than employee behavior. Boeing Commercial's improvement plans center on participative management techniques and quality control groups that will brainstorm on specific problems until solutions have been developed.
Publication Name: International Management
Subject: Business, international
ISSN: 0020-7888
Year: 1987
User Contributions:
Comment about this article or add new information about this topic:
Weathering the recession was no fluke for this firm
Article Abstract:
The third-largest electronic test and measuring equipment manufacturer in the U.S. (behind Hewlett-Packard and Tektronix) is John Fluke Manufacturing Co., under second generation management by John Fluke, Jr. Fluke's father founded the firm in the family home's basement in 1948. In 1985 the company earned $15.2 million on sales of $217 million. Foreign sales accounted for 37 percent of the firm's 1985 revenues, and a $10 million contract with the People's Republic of China is one highlight of the company's overseas operations. The management and marketing strategies of the firm that enabled it to weather the recent slump in the electronics industry are discussed.
Publication Name: International Management
Subject: Business, international
ISSN: 0020-7888
Year: 1986
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Iran's foot in the Afghan wars. On the crest of a wave. Caspian pipedreams no longer
- Abstracts: US moves nearer free flight. Bridging the gap for Copenhagen
- Abstracts: APP audit delayed further. China is given the edge over India in study of risks for foreign business
- Abstracts: Japanese managers alarmed in land of the rising yen. The oracle of TRON. The next high-tech gem from Japan
- Abstracts: Market segmentation practices of industrial markets. Brand equity in the business-to-business market. Industrial buying in high-tech markets