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The goal of Lean is to identify and eliminate nonessential and non-value-adding steps in business processes to streamline operations, improve quality, and gain customer loyalty. Implementation of Lean technologies for many prestigious Fortune 500 companies as well as smaller companies has netted larger profit margins, higher-quality products and services, improved employee engagement, increased customer satisfaction, and lower operating costs. The return on investment regarding Lean initiatives has been stellar. This book introduces basic Lean rules and principles in a variety of simulated case studies drawn from the author's professional experiences as a Lean coach, trainer, and manager. In each instance, the author presents a different scenario for implementing Lean technologies.In this book, you will learn about:– Lean thinking– Lean mindset– The 4 Lean rules and 5 Lean principles– The Lean transformation roadmap– Lean leadership– Five common Lean pitfalls and how to avoid them– Kaizen workshops– Daily improvements and Kata

The journey towards the future of work was greatly accelerated due to the COVID pandemic. Some changes have altered the functioning of the business world forever. Against the backdrop of these alterations, variations, and modifications, this book presents and analyzes three crucial factors: work, workforce, and workplace and their transformation into new-age organizations for meeting its customer expectations and long-term strategic goals. Companies must focus on ways of deployment of policies and practices that meet the business needs from the perspective of external changes. To achieve this goal, the organizations must realign their stakeholders and indulge in critical thinking by looking deeply into factors responsible for bringing about this transformational change. Re-envisioning is the current critical need for organizations to thrive; they must incorporate best practices to beat the competition and add value to their existing HR processes. This book clearly presents the practices and policies of successful organizations through the contribution of industry leaders. This book helps you understand the dynamism of work, workforce, and workplace that exist in organizations (as well as the challenges these organizations face) and their impact on business practices. The authors cover these broad areas because of the need to diversify and promote organic inclusive growth. Essentially, re-envisioning our organizations is the new normal. Organizations must leave the shackles of what might have been and look to what they can be. Stakeholders, employees, and the environment have been drastically altered, and organizations must change accordingly to survive. What now matters is how much an organization re-envisions itself and how it deals with all that is happening.

Three experts from the worlds of magic and business strategy share the secrets to conjuring innovation and shattering expectations.Your organization may employ hundreds, even thousands. You may be experiencing growth and hitting your revenue targets. But unless you are creating magic for your customers—like Disney, Apple, and Amazon—you are not the innovation leader you need to be in today's marketplace.In Creating Business Magic, a corporate strategist, a former acting CIA director, and a world-renowned magician share their secrets to success. Each chapter opens with a legendary magic act—from Harry Houdini to Pen and Teller—and explores how the same principles and techniques can be deployed to create a fertile environment for disruptive innovation and propel a company light years ahead of the competition.'The authors illuminate the power of perception, ways to innovate, to think out of the box, break down conceptual barriers, and finally bring out the magician inside all of us.” —from the introduction by David Copperfied

Ein Blueprint für umsetzbare Innovationen im Konzernumfeld65% der CEOs großer Unternehmen haben Angst davor, im Innovationswettkampf von disruptiven Start-ups überholt zu werden. Die vermeintliche Lösung: die Methoden der Start-ups kopieren. Doch dies ist eine fatale Fehlentscheidung, denn Konzerne sind keine Start-ups! Und so scheitern die meisten Ideen, und Innovation wird zur Frustration. Warum ist das so? Und wie sieht eine Lösung aus, mit der große Unternehmen kundenzentriert und erfolgreich innovieren können? Die Antwort ist der 5C-Prozess für effiziente Innovation. Damit schließen die Autoren eine Lücke in der praxisorientierten Innovationsliteratur – und bringen die Lust auf Innovationen zurück in die Konzerne!'Das relevanteste Innovationsbuch des Jahres!'Stefan Heidrich, General Manager, Maybelline NY, L'Oréal'Ein Muss für jeden Innovationsverantwortlichen!'Prof. Dr. Nicolas Burkhard, Professor für Innovation, Change & LeadershipFür Innovationsverantwortliche:Die Aufgabe'Corporate Innovation'scheint oftmals eine unlösbare Herausforderung: Egal ob Forschung & Entwicklung, Open Innovation, Design Thinking oder Lean Startup Prototyping: Die angeblichen Lösungen für erfolgreiche Innovationen und Disruptionen sind vielfältig – führen jedoch nur selten zu den gewünschten, zählbaren Ergebnissen. Dieses Buch bietet mit dem 5C-Prozess eine Methodik, die in jedem Innovationsmanagement genutzt werden kann, um effizienter erfolgreiche Innovationen zu entwickeln.Für Mitarbeiter:Wenn neben der täglichen Arbeit auch noch Innovationen entwickelt und umgesetzt werden sollen, benötigt es passende Methoden und Hilfsmittel. Mit aktuellen Start-up-Methoden wie Design Thinking, Lean Startup & Co. können zwar kreative Ideen generiert werden, die Umsetzung fällt jedoch oft schwer. Damit aus Innovationsfrust wieder Innovationslust wird, bietet dieses Buch praxisnahe Tipps und neue Denkrichtungen, die nicht nur für neue Ideen sorgen, sondern auch für umgesetzte Innovationen.Für Führungskräfte:Manager und Führungskräfte befinden sich oftmals im Innovationsdilemma: Auf der einen Seite muss das Kerngeschäft optimiert und verbessert werden, auf der anderen Seite sollen neue Innovationen und Disruptionen für Wachstumsimpulse sorgen – oder zumindest die Gefahr disruptiver Start-ups abwenden. Der positive Effekt aktueller Auswege aus diesem „Innovator's Dilemma“ ist bisher begrenzt, egal ob es mit Innovation Labs, Design-Thinking oder Lean Startup-Methoden versucht wird: Alle Lösungen bieten noch nicht die benötigte Erfolgschance.Die Autoren: Lucas Sauberschwarz ist Gründer und Geschäftsführer von Venture Idea, einem Unternehmen, das sich auf die systematische Entwicklung effizienter Innovationen für Großunternehmen spezialisiert hat. Das Unternehmen arbeitet mit mehr als der Hälfte der DAX-Konzerne zusammen, genauso wie mit zahlreichen großen Mittelständlern und internationalen Konzernen. Lysander Weiß ist Partner bei Venture Idea und maßgeblich für die Weiterentwicklung der 5C-Methodik verantwortlich. Neben der Projektarbeit mit internationalen Konzernen schreibt er regelmäßig über Innovationen, Trends und disruptive Technologien und teilt sein Wissen auch im Rahmen von Workshops und Vorträgen mit großen Unternehmen und Universitäten.

Organizing and Reorganizing Markets brings organization theory to the study of markets. The difference between markets and organizations is often exaggerated. Organizing exists in addition to other processes and phenomena that form markets: the mutual adaption among sellers and buyers as described in mainstream economics, and the institutions described in institutional economics and economic sociology. Market organization can be analysed with the same type of theories used for analysing organization within formal organizations. Through the use of many empirical examples, the book demonstrates how this can be done. The authors argue that the way a certain market is organized can be understood as the (intermediate) result of previous organizing processes. Questions discussed include:'What drives market organizing and reorganizing processes? What makes various organizations intervene as market organizers? And, how are the specific contents of market organization determined?'The answers to these questions help to analyse similarities and differences among organizing processes in formal organizations and those in markets. Arguments are illustrated by in-depth studies of many types of markets. The book will open up markets as a field of study for scholars of organization.

How and to what extent do decisions affect business performance? Despite years of study by academic researchers and industry practitioners, there still remains a need to draw a clear and established connection between decision making and performance. By closely examining consequential business decisions made by key executives, this book offers a better understanding of business performance and recommendations for improved business practices.Through the use of case studies and interviews with business leaders based on 17 theorized measures of performance, this breakthrough study not only clarifies the impact of decisions on business performance, but also defines and distinguishes decisions that lead to successful and unsuccessful performance. Recommendations are made to optimize decision making for businesses of all sizes and projections about the future of decision making and performance are provided. This book can be used both as a reference source for academic researchers and students seeking further research on the subject, and as a practical guide for leaders and business professionals seeking advancement and better decision making within the industry.

For Introduction to Business courses. Focus on the Practical Skills and Important Developments in BusinessThe recent events in domestic and global economies are presenting unprecedented challenges, excitement, and disappointments for business–and a need for a change in Introduction to Business courses and texts. Business Essentials captures the widespread significance of these developments and presents their implications on businesses today. The Eleventh Edition includes new real-world examples and research findings, helping students to see how entrepreneurs are putting into practice the concepts that they are learning, and making this text the most current and relevant one available on the market today. MyBizLab® not included. Students, if MyBizLab is a recommended/mandatory component of the course, please ask your instructor for the correct ISBN and course ID. MyBizLab should only be purchased when required by an instructor. Instructors, contact your Pearson representative for more information.MyBizLab is an online homework, tutorial, and assessment product designed to personalize learning and improve results. With a wide range of interactive, engaging, and assignable activities, students are encouraged to actively learn and retain tough course concepts.

The monograph “Family and non-family firms'financial structure. The effects of financial crisis: blessing or curse?” deals with the issue of firms'financial structure. It introduces the debate, moving from the difficult in finding a balance between debts and equity and presenting the actual situation of Italian and European firms. Then, it offers an overview of the main financial theories. Subsequently, it deals with the financial structure issue in family business context, by presenting the state of art on the theme and delineating peculiar problematics faced by family firms. Finally, it provides an empirical investigation about the effect of financial crisis on family and non-family firms'capital structure, offering a wide discussion of the results and useful implication for theory and practice. The monograph “Family and non-family firms'financial structure. The effects of financial crisis: blessing or curse?”is aimed at family business and financial scholars, undergraduate and postgraduate students, and practitioners.Carmen Gallucci is Associate Professor of ‘Corporate Finance'and ‘Family Business Governance'at University of Salerno, where she is the Director of Family Business Observatory. Her research interests are in the area of family business and corporate finance. She is Author of monographs and papers published also on international journals. Rosalia Santulli is Research Fellow in Business Administration at University of Cassino and Southern Lazio and Lecturer of Financial Analysis at University of Salerno. Her research interests are in the area of family business, corporate governance, and corporate finance.

What I like most about Strategic Challenges for the Base of the Pyramid is the authors'clear understanding of what we have already learned about the BoP domain and their subsequent focus on creating new knowledge. The chapters in this book provide important insights into several important topics in the BoP domain, including trust, innovation, and scale. Congratulations to Patrick Vermeulen, Edgar Hütte and their colleagues in putting together this book.'- Ted London, William Davidson Institute and Ross School of Business at the University of Michigan, USThis pioneering book addresses some of the key challenges that firms encounter when they enter low-income markets and offers solutions - based on empirical evidence - for those firms already operating in such a difficult arena.The Base of the Pyramid (BoP) has become a popular area for firms to search for new business potential. However, serving the BoP requires a fundamentally different approach to doing business and presents a new and unique set of organizational challenges. In this book, Patrick Vermeulen and Edgar Hütte discuss some of the key challenges firms are confronted with when operating in BoP markets. Based on empirical evidence from various companies across the globe, the authors provide valuable insights into how firms can deal with these challenges. With the rapid growth of developing countries, Western firms should be more aware of the potential problems when entering these markets; this book will help those making the crucial choices necessary to resolve these issues.This book will appeal to academics and students in international business or business administration. It will also prove an essential resource for practitioners that are active in, or are considering moving into, low-income markets.Contents: 1. Introduction 2. The Base of the Pyramid 3. Cross-sector Collaborations at the Base of the Pyramid 4. Building Trust at the Base of the Pyramid 5. Innovation at the Base of the Pyramid 6. Scaling Challenges at the Base of the Pyramid 7. Next steps in Base-of-the Pyramid Research and Practice Index

Kooperation wird in der sich stetig wandelnden, pluralistischen Gesellschaft zu einem der wichtigsten Erfolgsfaktoren von Unternehmen. Das vorliegende Buch verbindet die klassische, überbetriebliche Kooperation mit einer innerbetrieblichen Perspektive, der Kooperationsfähigkeit. Dabei stellt Kooperation ein übergeordnetes Konzept dar, welches das Unternehmensverständnis in einen gesellschaftlichen Kontext setzt. Im Zentrum steht die permanente Interaktion, welche durch die bewusste Berücksichtigung und Integration einen Multiplikator auf den unternehmerischen und gesellschaftlichen Erfolg darstellt. Auf dem Hintergrund eines umfassenden Kooperationsverständnisses basierend, welches alle Interaktionen in organisationalen Feldern berücksichtigt, findet eine theoretische, ökonomische sowie sozioökonomische Analyse eines umfassenden Kooperationsverständnisses statt. Aufbauend auf Grundannahmen, welche sich aus den theoretischen Diskussionen herauskristallisieren, wird in Verbindung mit Erfolgsfaktoren ein Kooperationsmanagement modelliert und in Kontext zu aktuellen Managementmodellen gesetzt.

Most economic theory is based on the assumption that economies grow in a linear fashion. Recessions, depressions and (financial) crises are explained by policy mistakes. However, economic development has historically been uneven, and this state of affairs continues today. This book argues that twentieth century economic theory has marginalized individualism and organizational variety, and puts forward the case for a pluralist approach. This book represents a unique synthesis of business theory and economic theory, which pinpoints the problems with many current mainstream theories and sets out new agendas for research. Here, Maria Brouwer argues that market competition is not about adapting to changes from outside, but is driven by human motivation and goal directed behavior. This gives managerial skills, which do not traditionally have a significant place in mainstream economic theory, a key role. It also highlights the need for organizations that have a motivational culture and appreciate human capital. This differs from the traditional view of the firm as a production function dictated by technology. Brower argues that organizations should be depicted as voluntary associations of people that pursue goals of their own, while firms compete on markets, where relative performance determines their fate. This argument builds on older theories of innovation and market competition that live on in business school curricula, and paints a picture of an economy directed by individuals and firms. This signals a bold departure from standard economic thinking.

Administratie en ondernemingen is ontwikkeld voor de hoofdfase en sluit naadloos aan op de uitgave Basisstudie in het boekhouden. Deze 16e druk is in opzet geheel gewijzigd ten opzichte van de vorige druk. De wijzigingen zijn naast didactische overwegingen, als het gevolg van ontwikkelingen in de belastingwetgeving en regelgeving rond externe verslaggeving. Deel IV van de vorige druk is opgenomen in Basisstudie in het boekhouden. In het theorieboek zijn bij elk hoofdstuk theorievragen en vraagstukken opgenomen. Hiermee zijn theorie- en opgavenboek één geheel. De uitwerkingen van de vraagstukken zijn te vinden op de bijbehorende website. Het theorieboek bestaat uit: Deel I: Handelsondernemingen, Deel II: Industriële ondernemingen, Deel III: Dienstverlenende en Non-profit ondernemingen. Naast de vraagstukken in het theorieboek zijn ook vele vraagstukken als extra oefenmateriaal opgenomen op de studentenwebsite. Het opgavenboek bij de 16e druk komt te vervallen. De opgaven worden in plaats daarvan gedeeltelijk in het hoofdboek opgenomen en voor de rest op de internet site.

Handels- und Direktvertrieb sind zwei grundsätzlich unterschiedliche Vertriebsansätze die in vielen Fällen durch das Entweder-Oder gekennzeichnet sind. Vertreibt der Hersteller seine Produkte mit einer eigenen Organisation oder bedient er sich dem Handel, diese klassische Frage gilt es zu beantworten. Innovationspotential existiert nicht nur in Produkten, sondern auch in der Ausgestaltung des Vertriebssystems. Eine Kombination der Vertriebskonzepte von Handels- und Direktvertrieb birgt hohe Chancen und Potentiale - aber auch erhebliche Risiken. Im Zuge dieser Studie wird die Forschungsfrage nach den in der Literatur genannten Gründen, Chancen und Risiken der Mehrkanalsysteme beantwortet und diese für den vorliegenden Fall in eine logische Struktur gebracht. Daraus abgeleitet resultieren theoretische Lösungsansätze sowie Ausgestaltungsformen für Mehrkanalsysteme, die final bei der Umsetzung, Strategieentwicklung und Aufgabenverteilung im Unternehmen konkretisiert wurden. Die aktuelle Unternehmenssituation des konkreten Falls wird bei allen, für die vorliegende Ausarbeitung relevanten Stellen analysiert und beschrieben, um ein einheitliches Grundverständnis zu schaffen und die geeigneten Gesprächspartner für nachgelagerte Befragungen zu identifizieren. Die Erhebungen münden in Ergebnissen bzw. ermöglichen eine fundierte Verifizierung bzw. Entkräftung der theoretischen Erkenntnisse. Zum quantitativen Beleg der gewonnenen Fakten wurden sowohl klassische Kennzahlen verwendet, als auch spezifische Parameter entwickelt, die zur ständigen Kontrolle und als Entscheidungsgrundlage dienen. Abschließend münden die gefilterten und verifizierten Erkenntnisse in Empfehlungen, die sowohl die interne Kommunikation und Ausgestaltung beinhalten, als auch die externe Kommunikation und Argumentation abdecken. Mit Empfehlungen zur Umsetzung der Mehrkanalstrategie und faktischen Aufgabenstellungen an die beteiligten Fachabteilungen schließt die vorliegende Ausarbeitung ab. Die gewonnenen Erkenntnisse der Studie können als Referenz und Anhaltspunkte auf andere Anwendungsfälle übertragen werden.

Twenty-first century capitalism has been marked by an increasing international economic independence, and considerable differences between dominant economic systems of coordination and control. In this context, national competition and coordination within industries has increased, but the governance of leading firms, and the kinds of competences they develop, remain quite diverse. This book shows how different kinds of firms become established and develop different capabilities in different societies, and as a result are effective in particular kinds of industries and markets. By integrating institutionalist approaches to organizations with the capabilities theory of the firm, Richard Whitley suggests how we can understand this combination of diversity and integration by developing the comparative business systems framework in three major ways. First, by identifying the particular circumstances in which distinctive business systems and innovation systems become nationally established and reproduced, as well as how changing endogenous and exogenous pressures have affected the major kinds of business systems that developed in many OECD states during the postwar period. Second, by showing how variations in authority sharing with employees and business partners and in the provision of organizational careers lead institutional regimes to affect the nature of organizational capabilities that dominant firms develop and enable them to deal with different kinds of risks and opportunities in particular technologies and markets. Third, by identifying the circumstances in which multinational firms are likely to develop distinctive transnational organizational capabilities through such authority sharing and careers, and so become different kinds of companies from their more domestically focused competitors. In many, if not most, cases of cross national managerial coordination, these conditions rarely exist, and so the extent to which multinational firms do indeed constitute distinct organizational forms and strategic actors is much less than is sometimes claimed.

Ingenieure tragen wesentlich dazu bei, dass Unternehmen ihre Ziele erreichen und wirtschaftlich erfolgreich sind. Dafür ist das Verständnis des Zusammenhanges zwischen Ingenieurstätigkeit einerseits und wirtschaftlichen Konsequenzen sowie unternehmerischen Rahmenbedingungen andererseits erforderlich. Das Lehrbuch liefert das Basiswissen für dieses Verständnis. Es stellt Wesen, Rechtsform- und Standortwahl von Unternehmen dar und gibt einen Überblick über die wichtigsten Unternehmensbereiche (Produktion, Absatz und Marketing, betriebliches Rechnungswesen, Investitionsrechnung, Finanzierung und Unternehmensführung). Der Bezug zur Ingenieurstätigkeit wird in allen Bereichen durch die Integration der relevanten Normen und Richtlinien hergestellt. Die für das Lehrbuch konzipierte Internetplattform bietet neben weiterführenden Fallstudien auch die Lösungen zu den Übungsaufgaben und einen direkten Kontakt zum Autor.

Title from eBook title screen (viewed on Aug. 25, 2005).