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Global Perspectives on Achieving Success in High and Low Cost Operating Environments

Book Description

Competing in both high and low-cost operating environments can present a number of unique challenges. In light of global competition and the changing scope of various industries due to technological advancement, these challenges must be addressed in order to ensure business success. Global Perspectives on Achieving Success in High and Low Cost Operating Environments features a collection of research and case studies addressing contemporary issues surrounding operational success in various regions. Business professionals, managers, academics, and upper-level students will find this publication an essential resource for the latest tools and solutions for managing operations in diverse operating environments.

Table of Contents

  1. Cover
  2. Title Page
  3. Copyright Page
  4. Book Series
  5. Foreword
  6. Preface
    1. INTRODUCTION
    2. COMPETING ON VALUE, NOT PRICE
    3. THE POWER OF KNOWLEDGE
    4. COLLABORATION DRIVES INNOVATION AND COMPETITIVENESS
    5. A FOCUS ON CLUSTERS, REGIONS, AND SECTORS
    6. THE IMPERATIVE OF INDUSTRIAL REJUVENATION
    7. INNOVATION BY ENTERPRISES AND WORKPLACES
    8. STRUCTURE OF THE BOOK
  7. Section 1: Responses for National Economies
    1. Chapter 1: Manufacturing in a High Cost Environment
      1. ABSTRACT
      2. THE STRUCTURAL CHANGE OF MANUFACTURING: PAST-TO-PRESENT
      3. THE STRUCTURAL CHANGE OF MANUFACTURING: INTO THE FUTURE
      4. INDUSTRIAL COMMONS AND ECONOMIC COMPLEXITY
      5. IMPLICATIONS OF THE ABOVE CHANGES IN MANUFACTURING
      6. CONCLUSION
      7. REFERENCES
      8. ENDNOTES
    2. Chapter 2: Competing from a High Cost Economy
      1. ABSTRACT
      2. INTRODUCTION
      3. THE FRAMEWORK FOR PUBLIC POLICY
      4. IMPLEMENTING INNOVATION POLICY: ALTERNATIVE DESIGNS
      5. DILEMMAS IN SHIFTING PUBLIC POLICY
      6. CONCLUSION
      7. REFERENCES
      8. KEY TERMS AND DEFINITIONS
      9. ENDNOTES
    3. Chapter 3: Foundations for Industrial Rejuvenation
      1. ABSTRACT
      2. INTRODUCTION
      3. REJUVENATION AND REGENERATION
      4. REJUVENATION AND REGENERATION IN CITIES AND REGIONS
      5. REFLECTIONS ON BILBAO
      6. IMPACTS OF INDUSTRIAL CHANGE AND SHOCKS
      7. RESPONDING TO INDUSTRIAL CHANGE AND SHOCKS
      8. FOUNDATIONS FOR REJUVENATION AND REGENERATION
      9. ACKNOWLEDGMENT
      10. REFERENCES
      11. KEY TERMS AND DEFINITIONS
      12. ENDNOTES
  8. Section 2: Responses for Sectors, Clusters, and Regions
    1. Chapter 4: The Role of Local and Regional Institutions
      1. ABSTRACT
      2. REGIONAL DEVELOPMENT IN A HIGH COST ECONOMY
      3. NEW THINKING ON PLACE-BASED CITY AND REGIONAL DEVELOPMENT
      4. NEW APPROACHES TO LOCAL AND REGIONAL DEVELOPMENT: GLOBAL DEVELOPMENTS
      5. PLACE-BASED APPROACHES IN EUROPE
      6. LESSONS FOR CITIES AND REGIONS
      7. REFERENCES
      8. KEY TERMS AND DEFINITIONS
    2. Chapter 5: Putting Clusters to Work
      1. ABSTRACT
      2. INTRODUCTION
      3. PART ONE: DEFINING BUSINESS OPPORTUNITIES AND STRATEGIC POTENTIAL FOR A REGION
      4. PART TWO: BUSINESS COLLABORATION PROCESS
      5. PART THREE: PUTTING CONNECTORS TO WORK
      6. CONCLUSION: LESSONS LEARNT FROM PUTTING CLUSTERS TO WORK
      7. REFERENCES
      8. KEY TERMS AND DEFINITIONS
    3. Chapter 6: Confronting the Productivity Challenge in the High Cost Economy
      1. ABSTRACT
      2. INTRODUCTION
      3. ADDRESSING THE PRODUCTIVITY CHALLENGE AT THE FIRM-LEVEL
      4. THE DAWN OF A GOLDEN AGE OF GAS OR A MISSED OPPORTUNITY IN THE MAKING?
      5. REFRAMING THE PRODUCTIVITY AGENDA: WHAT CAN FIRMS DO IN THIS ENVIRONMENT?
      6. METHODS
      7. RESULTS AND DISCUSSION
      8. DISCUSSION
      9. ACKNOWLEDGMENT
      10. REFERENCES
      11. ENDNOTES
    4. Chapter 7: Strategic Roadmapping as a Policy Tool for Meso-Level Industrial Transformation
      1. ABSTRACT
      2. INTRODUCTION
      3. STRATEGIC ROADMAPPING, POLICIES AND INDUSTRIAL TRANSFORMATION
      4. STRATEGIC ROADMAPPING AS A MESO-LEVEL POLICY TOOL
      5. CASE STUDY: THE PRESENT STATE OF CELLULOSIC FIBRE VALUE CHAIN IN THE GREEN TRIANGLE, SOUTH AUSTRALIA
      6. STRATEGIC ROADMAPS TO CATALYSE INDUSTRIAL TRANSFORMATION IN THE GREEN TRIANGLE
      7. FUTURE PATHWAYS FOR THE GREEN TRIANGLE IN SHORT AND MEDIUM TERM
      8. DISCUSSION AND CONCLUSION
      9. ACKNOWLEDGMENT
      10. REFERENCES
      11. ENDNOTES
  9. Section 3: Responses for Enterprises and Workplaces
    1. Chapter 8: Business Innovation
      1. ABSTRACT
      2. INTRODUCTION
      3. THE CHANGING CONTEXT: DRIVING THE NEED FOR NEW BUSINESS MODELS
      4. BUSINESS MODEL OPTIONS
      5. BUSINESS MODELS FOR HIGH COST ECONOMIES
      6. CONTROLLING THE VALUE CHAIN THROUGH THE BOOKEND MODEL
      7. INTEGRATED SOLUTIONS: PRODUCT – SERVICE COMBINATIONS,
      8. GLOBAL (AND LOCAL) NICHE BUSINESS MODELS
      9. CHARACTERISTICS OF SUCCESSFUL BUSINESS MODEL INNOVATORS
      10. DESIGNING AND MANAGING BUSINESS MODEL INNOVATION FOR HIGH-COST ECONOMIES
      11. SCAN AND SCOPE
      12. RETHINK AND REDESIGN
      13. SPECIFY AND ASSESS
      14. PLANNING AND IMPLEMENTING: ACTIVITIES AND CAPABILITIES
      15. CAPABILITY FOR ONGOING BUSINESS MODEL INNOVATION
      16. CONCLUSION
      17. REFERENCES
      18. KEY TERMS AND DEFINITIONS
      19. ENDNOTES
    2. Chapter 9: Design-Led Innovation
      1. ABSTRACT
      2. OVERVIEW
      3. WHAT IS DESIGN-LED INNOVATION AND HOW DOES IT FACILITATE BUSINESS TRANSFORMATION?
      4. RESEARCH APPROACH
      5. WHAT ARE THE PRACTICAL CHALLENGES OF ADOPTING A DESIGN-LED INNOVATION APPROACH?
      6. IMPLICATIONS FOR FIRMS TO BECOME DESIGN INTEGRATED AND NEXT STEPS
      7. REFERENCES
      8. KEY TERMS AND DEFINITIONS
    3. Chapter 10: The Effects of Six Sigma Quality (SSQ) on Innovation and Organisational Ambidexterity in a High Operating Cost Environment
      1. ABSTRACT
      2. INTRODUCTION
      3. LITERATURE REVIEW AND THEORY
      4. RESEARCH METHODOLOGY
      5. MULTIPLE-CROSS CASE ANALYSIS (MCCA)
      6. DISCUSSION AND ANALYSIS OF PROPOSITIONS
      7. CONCLUSION
      8. FUTURE RESEARCH AGENDA
      9. REFERENCES
    4. Chapter 11: Managerial Practices in a High Cost Manufacturing Environment
      1. ABSTRACT
      2. INTRODUCTION
      3. MANAGEMENT PRACTICES IN MANUFACTURING
      4. AGGREGATE MANAGEMENT PRACTICES AND HIGH VERSUS LOW LABOUR COSTS ECONOMIES
      5. STRUCTURAL, INSTITUTIONAL AND ECONOMIC FACTORS INFLUENCING MANAGEMENT PRACTICES
      6. AUSTRALIA AND NEW ZEALAND MANUFACTURING FIRMS
      7. MANAGEMENT PERFORMANCE IN THE MANUFACTURING SECTOR
      8. CONCLUSION
      9. ACKNOWLEDGMENT
      10. REFERENCES
      11. ENDNOTES
    5. Chapter 12: Supporting Entrepreneurship in High Cost Economies
      1. ABSTRACT
      2. INTRODUCTION
      3. ECONOMICS AND ENTREPRENEURSHIP
      4. THE KEY CHARACTERISTICS OF ENTREPRENEURSHIP: DEFINITIONS AND TERMS
      5. REGIONAL LEVEL CHARACTERISTICS
      6. INDIVIDUAL LEVEL CHARACTERISTICS
      7. FIRM LEVEL CHARACTERISTICS
      8. ENTREPRENEURSHIP POLICY
      9. CONCLUSION
      10. ACKNOWLEDGMENT
      11. REFERENCES
      12. KEY TERMS AND DEFINITIONS
    6. Chapter 13: Manufacturing in a High Cost Environment
      1. ABSTRACT
      2. LOW COST OPERATING ENVIRONMENT
      3. HIGH COST OPERATING ENVIRONMENT
      4. EXOGENOUS DRIVERS OF INNOVATION DYNAMICS
      5. PRODUCTIVITY DRIVERS IN HIGH COST OPERATING ENVIRONMENTS
      6. FIRM RESPONSE IN HIGH COST OPERATING ENVIRONMENTS
      7. CONCLUSION AND RECOMMENDATIONS
      8. REFERENCES
      9. ENDNOTES
  10. Conclusion
    1. SUCCEEDING IN A HIGH COST ENVIRONMENT
  11. Compilation of References
  12. About the Contributors