74 CREATIVITY AND INNOVATION MANAGEMENT Case Study: Jack Welch’s Creative Revolutionary Transformation of General Electric and the Thermidorean Reaction (1981–2004) Pier A. Abetti This case study draws a parallel between the French Revolution and the GE ‘revolution’‚ according to three waves of transformation. We discuss the ‘hard’ effects on GE employees (strategy‚ structure‚ employment‚ rewards) and the ‘soft’ effects (culture‚ work climate‚ indoctrination). In parallel with the French
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The case describes issues related to supply chain quality and how they evolve in the context of a multi-tiered global supply chain. The case involves a global multi-tier automotive supply chain made up of one of the world’s largest automotive original equipment manufacturers (OEMs)‚ its tier 1 supplier that is also a U.S.-based global corporation and the tier 2‚ tier 3 and tier 4 suppliers based in India. With Automek’s engineering support‚ Agile had developed many parts successfully for the OEM
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Management From: Date: [ 11/10/2010 ] Re: Competitive strategy Confidential Over the last several years Dollar General has seen great success with the strategies currently in place. With potential changes in the economy and some situations presently in the company Dollar General must plan for the future. This memo was put together to identify our strengths and weakness‚ analysis the external factors of the company‚ and find options for the future. The options of where to invest our time and effort
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Lawford Electric Company – Case Analysis Critical Summary This sale was Lawford’s to lose. Lawford Electric Company’s ongoing‚ 8-year relationship with Bayfield Milling Company‚ coupled with the geographic proximity of the two businesses‚ gave them a competitive advantage upon which they were unable to capitalize. The price tag of the drive system for which Lawford prepared a competitive bid represented more than 17 years of Bayfield’s average annual purchases from Lawford.¹ Sales engineer
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Example 6.4: Application of General Equation for a Closed System Question A gas is contained in a cylinder fitted with a movable piston as presented in Figure E6.4.1. Figure E6.4.1: A cylinder fitted to a moving piston If the cylinder is placed in boiling water with the piston held in a fixed position‚ 5 kcal of heat is absorbed by the gas‚ which equilibrates at 150oC and a higher pressure. The piston is then released‚ and the gas does 250 J of work in moving to its new equilibrium position
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In a society where almost everyone over the age of thirteen carries a cell phone many school systems have banned these items from school grounds. Why? Many say it’s due to the ’potential problems’‚ such as texting during classes. Others say it is because they interrupt the learning environment. Whatever the reason the school boards give‚ should cell phones be allowed at school? In a day and age where everyone relies heavily upon modern technology for communication‚ cell phones are a good thing to
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Valuation and Analysis of Dollar General Table of Contents Executive Summary……………………………………………………1 Overview of Dollar General…………………………………………6 Five Forces Model..............................................………..9 Rivalry among Existing Firms................................9 Industry Growth………………………………………….10 Concentration………………………………………….….10 Differentiation and Switching costs……………………13 Scale Economies and Fixed/Variable Costs…………..13 Excess Capacity and Exit Barriers………………………14 Threat
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Lincoln Electric 1. Problem The problem foe Lincoln Electric is that they are having less than expected revenues from their overseas venture. Their management system worked so well in their original facility in Ohio. They had such high confidence in the way they made their products there that they thought that if they do what they did in another country‚ they will reap the same benefits. When they applied the same management principles in other countries‚ they had net losses that are so high
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clusters due to influences. 1. "Innovators": whom adopting decisions are independent from ones of other members of social system. They are driven by external influence and forces like mass media communication channels. 2. "Imitators": second in time in the adoption of innovation they are driven by internal influences and forces generated by interpersonal network of the social system. World of mouth effect and opinion leaders generate pressure of adopting among members. Spread and shared information
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2.3 Institutional Environment 18 2.4 Forms of Business 20 3 Implications For International Business Analysis 21 3.1 The Role of National Institutions 21 3.2 A Formal Analysis of China ’s Environmental Complexity5 23 3.3 Strategies for Handling Environmental Complexity 25 3.4 Internationalization of Chinese Firms 27 3.4.1 The Latecomer Perspective 27 3.4.2 Institutional Analysis and the Role of Government 28 3.4.3 Entrepreneurs and Institutions 29 3.4.4 The Liability of Foreignness
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