1st Edition
Multinational Strategic Management An Integrative Entrepreneurial Context-Specific Process
Build the skills needed to compete in the highly competitive global business environment!This incisive book is a comprehensive introduction to contemporary multinational strategic leadership and management. A vital guide to business policy, Multinational Strategic Management: An Integrative Entrepreneurial Context-Specific Process combines basic strategic management with a distinctive international business perspective. The result is invaluable as a preparatory overview for novices and as a guidebook for business practitioners.Mixing basic management and leadership perspectives with a study of international business, Multinational Strategic Management takes a comprehensive approach to subjects that traditionally require multiple texts. Designed for use as a textbook for undergraduate and graduate course work, the book fills an educational void in a rapidly growing field. The in-depth text provides you with a thorough understanding of how to lead and manage enterprises that operate within and across national borders.Multinational Strategic Management helps professionals, students, and educators:
- acquire and enhance skills in entrepreneurial contingency thinking and action
- integrate those skills to creatively handle specific situations
- learn more about management processes (and possibly develop new ones)
- Preface
- A Rapidly Changing, Highly Competitive Context
- An Integrative, Many-Dimensional Process
- The Intended Readership
- Meeting the Challenges of Managing Across National Boundaries and Cultures
- Acknowledgments
- Part I: Introduction
- Chapter 1. An Integrative Entrepreneurial Process
- An Entrepreneurial Perspective
- The Multinational Strategic Leadership and Management Processes
- Formulating Strategic Frameworks Within Different Time Perspectives
- The Processes at Work: Implementing Strategies
- Managing Diversity in a Balanced Way
- The Useful but Limited Role of Adaptive Common Frameworks
- Contingency Processes: A Powerful, Widely Used Common Framework
- Summary
- Review Questions
- Exercises
- Chapter 2. An Enterprise’s Multinational Strategic Framework
- Enterprise-Wide Situations
- Strategic Business Unit (SBU) Situations
- Developing the Specifics of Strategic Frameworks: The Synthesis
- Evaluating Alternatives
- Financial Analysis and Evaluation Techniques and Tools
- Enabling Functional/Operations Situations
- Integrative Strategic Management at Toyota
- Summary
- Review Questions
- Exercises
- Chapter 3. Specific Decisions, Tasks, and Activities
- The Basic Strategic Decision to Go Multinational
- Key Marketing and Production/Operations Enabling Tasks
- Supply Chain Management
- Strategic Alliances
- Summary
- Review Questions
- Exercises
- Chapter 4. Structured Analysis of Rapidly Changing Multinational Situations
- Critical Factors Affecting the General External Multinational Environment
- Critical Factors Affecting Industry and Competitive Market Environment
- Critical Factors Affecting the Internal Company Environment
- Summary
- Review Questions
- Exercises
- Part II: Making Strategies Work—Business Process Enablers
- Chapter 5. Enabling Multinational Marketing Processes
- Multinational Marketing
- Exercise: Identifying Products or Services to Be Offered: A Short-Term Perspective
- Identifying Products or Services to Be Offered: A Longer-Term Perspective
- Entry/Operating Method
- Summary
- Review Questions
- Exercises
- Chapter 6. Enabling Multinational Production/Operations Processes
- Multinational Production/Operations
- Overall Production/Operations Strategies
- Overall Strategies for Product or Service Design and Development
- Designing Production/Operations Systems
- Planning and Managing Production/Operations
- Analyzing Situation Factors
- Exercises: Selected Production/Operations Situations
- Integrating Functional Strategies, Plans, Programs, and Budgets
- Summary
- Review Questions
- Exercises
- Chapter 7. Enabling Advanced Technologies: Telecommunications and Computer Information Systems
- Telecommunications
- Worldwide Information Systems
- Diffusion of Technology in Developing Countries
- Summary
- Review Questions
- Exercises
- Chapter 8. Finance, Accounting, Taxation, and Control Enablers
- Finance, Accounting, and Taxation
- Finance: Management Tasks and Processes
- Accounting and Taxation: Management Tasks and Processes
- Stimulating Innovation and Controlling Performance
- Summary
- Review Questions
- Exercises
- Chapter 9. Enabling Multinational Organizations: The New Equation
- Organization: Structure, Processes, and Culture
- Structure: The Necessary Evil
- Creating a Balanced Organization
- The Human and Business Systems: Collaborative Infrastructures
- Creating an Enabling, Supporting, Enterprise-Wide Corporate Culture
- Summary
- Review Questions
- Exercises
- Part III: Enabling Human Resources
- Chapter 10. Managing Multicultural Diversity: Interpersonal Interaction
- Cultural Factors
- Understanding and Managing Cultural and Personal Biases and Mental Sets
- Six Perspectives on Managing
Biography
Erdener Kaynak, Robert Mockler, Dorothy G. Dologite