15,140 research outputs found
The development of competitive advantage through sustainable event management
Purpose: Whilst the debate rages between progressive and destructive considerations of economic development, this paper aims to develop thinking around the sustainable event and its contribution to competitive advantage. Design/methodology/approach: The paper defines the sustainable event and considers different position that might be adopted by private and public sector organisations when addressing the triple bottom line of sustainable development. Findings: Cost leadership strategies are unlikely to work and the event organiser must address competitive advantage via differentiation and focus strategies. Practical implications: Event managers must gain a better understanding of the motivations of their audience in relation to sustainability and work towards clearer means to demonstrate that their event meets these sustainable development needs. Originality/value: The intention being that if event organisers can see a competitive advantage in the sustainable event, their contribution to sustainable development will be increased. © Emerald Group Publishing Limited
Knowledge management and organizational learning: Strategies and practices for innovation
In a globalised competitive world, organisations are looking for ways to gain or maintain a competitive advantage in the marketplace. Of the important challenges facing firms and organizations three are of prime importance: (1) for organizations to know what they know and maximise the transfer of this knowledge throughout their organisation; (2) finding ways of working which assist in maintaining their competitive advantage and finding new ways of gaining competitive advantage often through innovation, and (3) continuously learning through the exploitation of existing resources and capabilities and the exploration of new resources and capabilities to improve their performance. These challenges are interrelated. This paper investigates some of the extensive literature on innovation and knowledge management and suggests propositions for future research
Sustainable procurement strategies for competitive advantage: An empirical study
Procurement plays a key role in sustainability as policies and practices need to extend beyond organisations' boundaries to incorporate their whole supply chains. There is, however, a paucity of empirical research on sustainable forms of procurement initiatives currently being implemented in the UK construction sector to improve competitiveness - which is the core driver of this paper. In order to achieve this aim, a mixed research methodological approach was adopted to collect and analyse data. The findings are based primarily on quantitative data obtained from 53 completed postal questionnaires and semi-structured interviews with 17 professionals from 12 UK construction organisations. As revealed by this study, sustainable procurement is becoming increasingly important in the UK construction sector. The paper concludes that the process of integrating sustainable procurement initiatives into existing business models is often a complex issue. Therefore, there is an urgent need to explore the drivers and impediments associated with the successful integration of sustainable procurement initiatives into existing construction business models. It is also suggested that there is a need for cross-sector collaboration to capture and share best and worst practices relating to sustainable procurement strategies
SUSTAINING COMPETITIVE ADVANTAGE IN THE OIL PALM INDUSTRY: SWOT ANALYSIS OF IOI CORPORATION
IOI Corporation, or commonly referred to as IOI, is one of Malaysia's home grown business conglomerates which started off from humble beginnings in industrial gas manufacturing. Today IOI Group is a global organization with over 150,000 hectares of plantations where 98% are planted with oil palm; 12 palm oil mills across Malaysia; three CPO refineries with total capacity of 1.8 million MT/yr located in Peninsular and East Malaysia, and Rotterdam in the Netherlands; the largest oleochemical plants in Asia; and specialty fats plants across the world in the Netherlands, the United States, Egypt, Canada, and Malaysia (source: IOI Annual Report 2009).The Group’s plantation business strong growth in a short span of 24 years since 1983 was achieved through acquisitions and distinctive plantation management practices which emphasizes on continuous improvements in yields and cost efficiencies. As a major player in the oil palm industry, which is the third biggest contributor to the Malaysian economy (,Economic Report 2007/2008), IOI corporation faces many challenges to sustain its competitiveness. What strategic moves must IOI take to remain tops in this oil palm industry? This paper seeks to provide a perspective on how IOI Corporation can sustain its competitiveness by undertaking a SWOT Analysis the corporation. A diagnosis of the corporation is made after the SWOT analysisCompetitiveness, SWOT Anlaysis, Oil palm industry, Case study
Beyond Competitive Devaluations: The Monetary Dimensions of Comparative Advantage
Motivated by the long-standing debate on the pros and cons of competitive devaluation, we propose a new perspective on how monetary and exchange rate policies can contribute to a country's international competitiveness. We refocus the analysis on the implications of monetary stabilization for a country's comparative advantage. We develop a two-country New-Keynesian model allowing for two tradable sectors in each country: while one sector is perfectly competitive,firms in the other sector produce differentiated goods under monopolistic competition subject to sunk entry costs and nominal rigidities, hence their performance is more sensitive to macroeconomic uncertainty. We show that, by stabilizing markups, monetary policy can foster the competitiveness of these firms, encouraging investment and entry in the differentiated goods sector, and ultimately affecting the composition of domestic output and exports. Panel regressions based on worldwide exports to the U.S. by sector lend empirical support to the theory.Constraining monetary policy with an exchange rate peg lowers a country's share of differentiated goods in exports between 4 and 12 percent
Leakage and Comparative Advantage Implications of Agricultural Participation in Greenhouse Gas Emission Mitigation
The world is moving toward efforts to reduce greenhouse gas emissions. Net emission reduction efforts may involve the agricultural sector through options such as planting of trees, crop and livestock management changes, and production of biofuels. However, such options can be competitive with domestic food production. In a free trade arena, reduced domestic food production could stimulate increased production and exports in other countries, which are not pursuing similar mitigative courses of action. As a consequence, net emission reductions in implementing countries may be offset by activities stimulated in other countries. In addition producers in countries where agriculture is subject to greenhouse gas mitigation have expressed concern about their competitive position to countries which are not trying to reduce net emissions.Emission Leakage, Agricultural Sector Model, Greenhouse Gas Policy, Mitigation, Carbon Sequestration
Shared Value in Emerging Markets: How Multinational Corporations Are Redefining Business Strategies to Reach Poor or Vulnerable Populations
This report illuminates the enormous opportunities in emerging markets for companies to drive competitive advantage and sustainable impact at scale. It identifies how over 30 companies across multiple sectors and geographies design and measure business strategies that also improve the lives of underserved individuals
Market-Driven Management and Intangible Assets in Global Television Set Manufacturers
The television set industry is a global sector where the most competitive companies are market-driven. Their competitive advantage is based not only on their ability to innovate products but also on their capability to develop and strengthen intangible assets, such as corporate culture, brand image and relationships between organisations.Television set industry, Market Driven Management, Competitiveness, Intangible Assets DOI:http://dx.doi.org/10.4468/2010.2.07silvestrelli
Jurisdictional Advantage
Our objective in this paper is to define jurisdictional advantage, the recognition that location is critical to firms' innovative success and that every location has unique assets that are not easily replicated. The purpose is to be normative and policy oriented. Drawing from the well-developed literature on corporate strategy, we consider analogies to cities in their search for competitive advantage. In contrast to the more passive term locational advantage, our use of the term jurisdiction denotes geographically-defined legal and political decision-making authority and coordination. Thus, jurisdictions may be constructed and managed to promote a coherent activity set. We review recent advances in our understanding of patterns of urban specialization and the composition of activities within cities, which suggest strategies that may generate economic growth as well as those strategies to avoid. This paper then considers the role of firms and their responsibility to jurisdictions in light of the net benefits received from place-specific externalities, and concludes by considering the challenges to implementing jurisdictional advantage.
THE COMPETITIVE ADVANTAGE OF ROMANIA IN THE CONTEXT OF ECONOMIC RECOVERY
The economic crisis has given the opportunity for the world to reconsider the use of resources, so the subject of competitive advantage has became actual. There are several relevant papers on national competitiveness, but we consider that there are still important issues to discuss in order to identify the economic sectors in Romania that have the potential to create successful products for the global market. The paper applies modern competitivity models on the features of our country, and concludes about the best use of our resources, in terms of increased productivity and optimal results. The goal is to encourage exporters to extend on several international markets and multinational companies to invest in developing new businesses in Romania.competitive advantage, resources, economic recovery
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