International synergy management: A strategic approach for raising efficiencies in the cross-border interaction process

A strategic approach for raising efficiencies in the cross-border interaction process

Business & Finance, Management & Leadership, Management
Cover of the book International synergy management: A strategic approach for raising efficiencies in the cross-border interaction process by Patrick Daum, GRIN Verlag
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Patrick Daum ISBN: 9783656182153
Publisher: GRIN Verlag Publication: May 3, 2012
Imprint: GRIN Verlag Language: English
Author: Patrick Daum
ISBN: 9783656182153
Publisher: GRIN Verlag
Publication: May 3, 2012
Imprint: GRIN Verlag
Language: English

Master's Thesis from the year 2011 in the subject Business economics - Business Management, Corporate Governance, grade: 1,3, South Bank University London (International Business), language: English, abstract: Global economic integration has changed business conditions significantly. Due to their limited financial and human resources it was initially difficult for German small and medium-sized businesses to internationalize. Nowadays, this business segment is heavily approaching foreign markets. Export is still the dominating internationalization mode, however it is supplemented by the relocation of selected business activities or entire value networks to foreign markets. Corporations operating internationally and establishing foreign subsidiaries are facing the obligation as well as the challenge to profit from cross-border interaction. However, potential synergetic benefits provided by the international environment are accompanied by even more demanding challenges. This dissertation elaborates to which extend German small and medium-sized manufacturing businesses could benefit from the implementation of a strategic cross-border synergy management. The study is based on a single case study deriving the research hypotheses and a survey investigating cross-border interaction throughout a sample of small and medium-sized manufacturing businesses. Research findings indicate that headquarter - subsidiary interaction within this business segment provides unutilized synergetic potential, as barriers are blocking the optimal design of cross-border interrelationships. In contrast to the organisational requirements proposed by scientific experts, a significant part of the responding companies are not actively controlling and managing these barriers in a strategic and comprehensive way. Extensive systems thinking and a holistic management approach are required in order to profit from synergetic interaction. 'Synergies are not realized by themselves - they have to be identified and actively developed within a professionally coordinate process. Management of synergy seeking organizations is asked for intensive efforts beyond daily operations' (Weber and Roventa, 2006). Based on the research findings this paper proposes a holistic framework, designed for strategists of small and medium-sized manufacturing business. It outlines the establishment of the cross-border synergy management concept as part of the corporate strategy and the efficient and effective management of international interaction.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Master's Thesis from the year 2011 in the subject Business economics - Business Management, Corporate Governance, grade: 1,3, South Bank University London (International Business), language: English, abstract: Global economic integration has changed business conditions significantly. Due to their limited financial and human resources it was initially difficult for German small and medium-sized businesses to internationalize. Nowadays, this business segment is heavily approaching foreign markets. Export is still the dominating internationalization mode, however it is supplemented by the relocation of selected business activities or entire value networks to foreign markets. Corporations operating internationally and establishing foreign subsidiaries are facing the obligation as well as the challenge to profit from cross-border interaction. However, potential synergetic benefits provided by the international environment are accompanied by even more demanding challenges. This dissertation elaborates to which extend German small and medium-sized manufacturing businesses could benefit from the implementation of a strategic cross-border synergy management. The study is based on a single case study deriving the research hypotheses and a survey investigating cross-border interaction throughout a sample of small and medium-sized manufacturing businesses. Research findings indicate that headquarter - subsidiary interaction within this business segment provides unutilized synergetic potential, as barriers are blocking the optimal design of cross-border interrelationships. In contrast to the organisational requirements proposed by scientific experts, a significant part of the responding companies are not actively controlling and managing these barriers in a strategic and comprehensive way. Extensive systems thinking and a holistic management approach are required in order to profit from synergetic interaction. 'Synergies are not realized by themselves - they have to be identified and actively developed within a professionally coordinate process. Management of synergy seeking organizations is asked for intensive efforts beyond daily operations' (Weber and Roventa, 2006). Based on the research findings this paper proposes a holistic framework, designed for strategists of small and medium-sized manufacturing business. It outlines the establishment of the cross-border synergy management concept as part of the corporate strategy and the efficient and effective management of international interaction.

More books from GRIN Verlag

Cover of the book Die Besetzung und Fluktuation in der Clubführung der deutschen Fußball-Bundesliga by Patrick Daum
Cover of the book Auswirkungen auf die soziale Kompetenz innerhalb integrativer Schulklassen by Patrick Daum
Cover of the book Versteckte Aufrüstung im Dritten Reich - Der Mefo-Wechsel by Patrick Daum
Cover of the book Burnout. Grundlagen und Prävention im Krankenhaus by Patrick Daum
Cover of the book Wandel in Mexiko? by Patrick Daum
Cover of the book Gleichnisse: Das Gleichnis vom verlorenen Sohn. Religion 5. Klasse Realschule by Patrick Daum
Cover of the book DRG - Systeme im Krankenhauswesen by Patrick Daum
Cover of the book Integration jugendlicher Russlanddeutscher by Patrick Daum
Cover of the book Die Morphologie des Lernens in Abgrenzung zu Ideologie und Dogmatismus by Patrick Daum
Cover of the book Bilanzierung immaterieller Vermögenswerte by Patrick Daum
Cover of the book Inklusion oder Exklusion: Vergleich von Systemen der Interessenvermittlung by Patrick Daum
Cover of the book Internationale Rechnungslegungssysteme HGB, IAS, US-GAAP: Aufbau, Zweck, Elemente by Patrick Daum
Cover of the book Der Zusammenbruch der DDR. Der vorläufige Sieg des Maximalprofits über die materiellen und kulturellen Bedürfnisse des deutschen Volkes by Patrick Daum
Cover of the book Der Beitrag der Massenmedien zur Etikettierung von Ausländern als 'kriminell' by Patrick Daum
Cover of the book Der Neoinstitutionalismus by Patrick Daum
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy