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_Academic research has identified several operational drivers in manufacturing companies that have an effect on either the physical production of goods or its distribution: working capital requirements, manufacturing performance, supply chain performance and supply chain risk. Despite the fact that these four operational drivers have been operationalized in empirical studies and theoretical discourses, no-one has yet conducted a holistic study of how they interrelate and what specific contribution they make to overall firm performance. The key question addressed by this study is therefore how companies should align these operational drivers of excellence to achieve superior firm performance. The results are based on a universe of 274 top-class manufacturing companies based in Germany, Switzerland or Austria and more than 15 interviews with top executives. By consequence, a trade-off exists: Strong firm performance requires a significant level of supply chain risk at the expense of working capital performance. Companies that accept a reasonable level of supply chain risk while maintaining high manufacturing and supply chain performance outperform the lowest-performing reference group by 14% in terms of sales, sales growth, profitability and market share (´´firm performance´´).
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When Mitch McDeere signed on with Bendini, Lambert & Locke of Memphis, he thought that he and his beautiful wife, Abby, were on their way. The firm leased him a BMW, paid off his school loans, arranged a mortgage, and hired the McDeeres a decorator. Mitch should have remembered what his brother Ray-doing fifteen years in a Tennessee jail-already knew: You never get nothing for nothing. Now the FBI has the lowdown on Mitch´s firm and needs his help. Mitch is caught between a rock and a hard place, with no choice-if he wants to live.
There are not many books that are genuine classics, and only a handful in business and management whose insights and ideas last for 50 years and more. This book is one of the very few ´´must reads´´ for anybody seriously interested in the role of management within the firm. Originally published in 1959, The Theory of the Growth of the Firm has illuminated and inspired thinking in strategy, entrepreneurship, knowledge creation, and innovation. Edith Penrose´s tightly-argued classic laid the foundations for the resource based view of the firm, now the dominant framework in business strategy. She analyses managerial activities and decisions, organizational routines, and also the factors that inevitably limit a firm´s growth prospects. For this new anniversary edition, Christos Pitelis has written a new introduction which both tells the story of Penrose´s extraordinary life, and provides a balanced assessment of her key ideas and their continuing relevance and freshness.
City/Cruising-Motorradstiefel, Touring-Motorradstiefel / Für wen: Damen, Herren / Außenmaterial: Leder / Innenmaterial: Netzfutter / Protektoren: Fersenschutz, Zehenschutz / Verschlüsse: Schnürsenkel, Reißverschluss