Why the 'agents of change' are becoming the victims of change

Article Abstract:

Management consulting is a growing, but increasingly competitive field, boosted by global business deregulation, innovations in information handling, new manufacturing technologies, international competition, and the depletion of corporate executive staffs. The consulting boom is especially evident in Europe, where the market has grown by an average 20 percent per year since 1984. The field is crowded with 'predators' such as accounting firms that offer consulting services, former corporate executives who find consulting easy and profitable, and new consulting firms, such as the one being formed by Saatchi and Saatchi. Difficulties facing management consulting firms include: increased public scrutiny related to potential conflicts of interest, higher salary demands from MBA graduates, and rising employee turnover rates.

Analysis, Services, Accounting firms, Accounting services, Business consultants, Management consultants, Retired executives

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Nokia: Finland's electronics samurai aims for the stars

Article Abstract:

Nokia Oy, a large Finnish electronics company, has often been compared to a Japanese firm, and the comparison goes far beyond its Japanese-sounding name. The company appears ready to challenge the leaders in the Western European electronics industry, after several years of flat performance, with its Mikko computers, Salora televisions, Mobira mobile telephones and Luxor satellite television dishes. Similarities with the Japanese are evident in Nokia's long-term commitments over short-term profit, its confident management (led by its president and CEO Kari Kairamo), and its ambitious plans for the future in European and international markets.

ELECTRONIC & OTHER ELECTRIC EQUIPMENT, Finland, Case studies, Electronics industry, Nokia Corp., Business planning, Kairamo, Kari

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The unlikely diversifications helping to keep Aer Lingus aloft

Article Abstract:

Aer Lingus expects to hold its 50 percent market share for transatlantic air transport, despite the competition offered from Delta, Pan Am, and Northwest Orient. Ireland's national airline generates 50 percent of its yearly revenues of $704 million and virtually all of its profits of $20 million from such diverse activities as data processing, hospitals, and robot sales. Due to its small domestic market, very seasonal traffic, and tight government owners, Aer Lingus chief executive officer David Kennedy will pursue the growth of assets generated outside the firm's core operations even though rivals are selling such assets.

Finance, Ireland, Airlines, Aer Lingus Group PLC

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