opportunities for future growth while you take the time to shore up the fortress. • Some inside-out strategies involve opening up projects to investment and development by existing outside firms; others call for spinning off projects as separate ventures that still allow you to retain some equity. • The inherent cultural‚ political‚ and organizational challenges of inside-out open innovation can be met by approaching it holistically and placing it under the leadership of senior executives in strategic
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HBR CASE STUDY Trouble Paradise by Katherine Xin and Vladimir Pucik F The Zhong-Llan Knitting Company joint venture in China is one of the region’s shining success stories. So why is generai manager Mike Gravesthinking about pulling the plug on it? ROM Mike Graves’s tall windows‚ which were draped in red veivet‚ the view of Shanghai was spectacular: the stately old Western-style buildings‚ the riot of modem skyscrapers‚ the familiar needle of the TV tower. But today Mike barely noticed
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The Motives for International Acquisitions: Capability Procurements‚ Strategic Considerations‚ and the Role of Ownership Structures Author(s): Shih-Fen S. Chen Reviewed work(s): Source: Journal of International Business Studies‚ Vol. 39‚ No. 3 (Apr. - May‚ 2008)‚ pp. 454471 Published by: Palgrave Macmillan Journals Stable URL: http://www.jstor.org/stable/25483277 . Accessed: 28/02/2013 12:46 Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use‚ available at .
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for the Aravind Eye Hospital to invest in the future. A. Choice 1 – Joint Venture 1. Significance of choice 1 * Good local knowledge and network * Acquisition of experience for future development‚ such as franchise * Less finance stress and wider expansion than as a sole investor * More control than franchise 2. Reasons why choice 1 may not be optimal * Possibility of conflict with joint-venture partner * Slow decision making * High risk for being over-reliant on
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The main issue concerned in the French Danane Groupe and China’s Wahaha Group joint venture agreement in the 2007-2009 period‚ centres on the different attitude towards Wahaha’s non joint-venture subsidiaries. This dispute highlights the lack of cooperative strategic management and effective communication‚ the lack of sound institutionally provided legal structure to support joint venture contracts and perhaps ultimately the lack of cultural fusion. Based on research into organisational behaviour
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Overall comments: need to tie narrative to terms/concepts from the book. Should stratify comments into uncontrollable and controllable forces. (like Todd did) Although Blue Ridge Restaurants had success with expansion and joint ventures in Australia‚ the UK‚ France‚ Italy‚ Brazil and Hong Kong through 1987‚ many differing factors were at play when Yannis Costas evaluated the market and strategy for the Spain in the 1ate 1990s. Factors described by D. A. Ball‚ et al‚ 1‚ considered relevant in
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Danone Case What were the intentions of Wahaha Group and Danone when setting up joint ventures in China? The Wahaha Group did very well in the Chinese market around the mid 1990s‚ but because foreign multinationals were rapidly entering China‚ it was afraid that it might lose its competiveness. The company was eager to expand its scale and market share in China‚ but it lacked the necessary financial capital to do so. This is why they wanted to cooperate with Danone. Wahaha needed cash‚ and also
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The stages in the phase model of globalization and level of risk The world today has developed into a fast-growing market. More and more companies followed the phase model of globalization to achieve organizational goals. It has been defined as a company makes alteration by exporting‚ contributing cooperative contracts‚ structuring strategic alliances‚ and launching new wholly owned affiliates (Williams & McWilliams 2010). The purpose of this essay is to clarify the four
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advantage through knowledge transfer‚ culture‚ and trust in foreign parent and international joint venture (IJV) partnerships International Business Research KNOWLEDGE TRANSFER METHODS IN STRATEGIC ALLIANCES 2 Abstract: Trust‚ cultural and relational embeddedness‚ along with control synergies‚ comprise relational capital‚ representing an area of considerable importance in an international joint venture (IJV) relationship. The objective of this paper is to consider the various ways through which
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People-oriented corporate culture • Standardization & experience in senior management • Attentiveness to attraction & retention of customers Analysis of Strategic Approaches Little Sheep expanded rapidly by employing franchising‚ export and joint venture strategies. These have allowed Little Sheep to break into foreign markets with minimal financial and resource risk. As discovered through trial-and-error‚ these strategies combined with a global competitive strategy have serious drawbacks to their
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