Managing Innovation Assignment (WEEK 4)

Week 4 Readings & Links

Additional references

Steps to implementation. Full Text Available By: Scholes, Jim. European Business Forum, Spring2005, Issue 21, p10-13, 4p, 1 Color

Abstract:

Discusses the importance of strategic direction and implementation for the success of a business. Relationship between strategy and organisational capability; Strategy for bridging the gap to implementation; Illustration of the strategic architecture of Nokia from 1995-2000. INSETS: Case Study 1 Danone Poland;Case Study 2 Nokia.

Family-Firm Buyouts, Private Equity, and Strategic Change. Full Text Available By: SCHOLES, LOUISE; WRIGHT, MIKE; WESTHEAD, PAUL; BRUINING, HANS; KLOECKNER, OLIVER. Journal of Private Equity, Spring2009, Vol. 12 Issue 2, p7-18, 12p

Abstract:

When no suitable family successor can be identified, private family firm owners may opt for a MBO or MBI. We explore the strategic orientation of former private family firms pre- and post-MBO/I. We utilize a unique hand-collected representative sample of 104 MBO/Is located across Europe. Greater scope for efficiency gains and growth/expansion was found in cases where the founder was present at time of buyout, where no managers with equity stakes or non-executive directors were employed pre-buy-out and where the private equity investor and management were involved in succession planning.

Do you really have a global strategy? Full Text Available By: Hamel, Gary; Prahalad, C. K.. McKinsey Quarterly, Summer86, Issue 3, p34-50, 17p

Abstract:

In responding to the onslaught of Far Eastern competitors, many companies have miscalculated both the timing and the workability of their strategies, this article argues -- in part because they don't really understand the dynamics of global competition. The authors' analysis suggests a strategy based on a new approach to valuing market share, on the ability to discern the long-run strategies behind competitors' current tactics, and on a clear-cut distinction between global competitors, global businesses and global companies. INSET: What is cross-subsidization?.

[EBSCOHost]