This volume assesses the situation for multinationals at the beginning of the 1990s, bringing together contributions from academics recognized as world leaders in the field and from practitioners with wide experience in international management. Drawing on perspectives from Europe, the USA and Japan, the contributors outline the shape of the global firm of the future. They focus squarely on the development of the corporation as a whole, rather than on the narrow management of individual foreign subsidiaries, and they also explore the specific implications for areas such as strategic planning systems, financial management, information systems and R & D management.
List of contributors. Preface. Acknowledgements. Introduction: The Changing Agenda for Researchers and Practitioners. Christopher A Bartlett, Yves Doz, Gunnar Hedlund. Part 1: Conceptions of Global Management. 1. Action in Heterarchies: New Approaches to Managing the MNC Gunnar Hedlund and Dag Rolander. 2. International Sequential Advantages and Network Flexibility Bruce Kogut. 3. Managing Globalization As A Self-Renewing Process: Experiences of Japanese MNCs Ikujiro Nonaka. 4. Organizing for World-Wide Advantage Roderick E White and Thomas A Poynter. Part 2: Management of Multinational Processes and Systems 5. Control, Change and Flexibility: The Dilemma of Transnational Collaboration Yves Doz, C K Prahalad and Gary Hamel. 6. Effective Strategic Planning Processes in the Multinational Corporation Peter Lorange and Gilbert Probst. 7. New Information Systems and the Changing Structure of MNCs Peter Hagström 8. Rediscovering Functions in the MNC: The Role of Expertise in Firms’ Responses to Shifting Exchange Rates Donald R Lessard and Nitin Nohria. Part 3: Innovation and R&D in the MNC 9. Managing Innovation in the Transnational Corporation Christopher A Bartlett and Sumantra Ghoshal 10. International Decentralization of R&D – the Organizational Challenges Lars Håkanson 11. Internal and External Linkages in the MNC: The Case of R&D Subsidaries in Japan D Eleanor Westney. Part 4: The Concepts in Use 12. Research on Managing the Multinational Company: A Practioner’s Experiences E Ralph Biggadike. 13. Building A Dynamic Intelligent Network: Lessons from the Telecommunications Revolution for the MNC Organization of the Future Håkan Ledin. Index.