Differentiation Strategies in the Adoption of Environmental Standards: LEED from 2000 to 2014

2020 ◽  
Vol 66 (9) ◽  
pp. 4173-4192
Author(s):  
Marc Rysman ◽  
Timothy Simcoe ◽  
Yanfei Wang
Keyword(s):  
Business Strategy ◽  
Unobserved Heterogeneity ◽  
Environmental Design ◽  
New Method ◽  
Strategic Interactions ◽  
Environmental Standards ◽  
Certification System ◽  
The Impact ◽  
Identification Strategy

We study the role of vertical differentiation in the adoption of LEED (Leadership in Energy & Environmental Design), a multitier environmental building certification system. Our identification strategy relies on the timing of adoption and shows that builders seek to differentiate from each other by choosing a different certification level from previously certified buildings. A common concern in this framework is that mean-reverting behavior could be mistaken for differentiation. We develop a new method for establishing the importance of strategic interactions based on simulating from a model with independent choice and unobserved heterogeneity, and showing that such a model cannot generate the level of interaction that we observe. Finally, we estimate a model that incorporates both differentiation incentives and correlated market-level unobservables and use our estimates from this model to simulate the impact of reducing the number of LEED tiers from four to two. The simulations indicate that environmental investments depend on the location of the threshold between tiers. This paper was accepted by Bruno Cassiman, business strategy.

scholarly journals Energy Saving as an Important Factor in Ensuring Product Competitiveness

2021 ◽  
Vol 2 (48) ◽  
pp. 120-125
Author(s):  
O. P. Vashkiv ◽  
◽  
S. B. Smereka ◽  
Keyword(s):  
Energy Saving ◽  
Specific Energy Consumption ◽  
Environmental Standards ◽  
Manufacturing Enterprise ◽  
Research Results ◽  
Industrial Enterprises ◽  
The Face ◽  
The One ◽  
The Impact

The article is aimed at studying the features of energy saving at a manufacturing enterprise and establishing a cause-and-effect relationship between energy saving and product competitiveness. Due to analyzing and generalizing the research results of domestic and foreign scientists the views of researchers on the process of energy saving at a manufacturing enterprise are systematized; the growing role of energy saving in ensuring energy efficiency and, consequently, product competitiveness is established. The research results show that energy saving at an enterprise is one of its most important assets, the impact of which on the level of product competitiveness is becoming increasingly important in the face of the exacerbating energy and environmental crises. Energy saving, basically focusing on the intensification of production processes and use of energy and energy resources, on the one hand, reduces the level of specific energy consumption and, consequently, the price of the released product while maintaining or increasing its quality; on the other hand, it reduces the carbon loading on the environment, thus contributes to the growth of the company's image among its consumers and partners. Both components are the most important factors in ensuring product competitiveness. The development and implementation of energy saving measures at industrial enterprises, with regard to the industry-specific character of economic entities, market conditions, and the requirements of environmental standards can serve as prospects for further research

Factors Determining the Role and Tasks of HR Business Partnering in Enterprises

2021 ◽  
Vol 138-139 (1-2) ◽  
pp. 65-84
Author(s):  
Maria Wanda Kopertyńska ◽  
Natalia Dernowska
Keyword(s):  
Organizational Culture ◽  
Organizational Structure ◽  
Organizational Development ◽  
Business Strategy ◽  
Research Method ◽  
Structured Interview ◽  
The Other ◽  
Development Phase ◽  
The Impact

The article presents the results of research on the impact of selected factors, such as business strategy, organizational culture, the stage of organizational development, the location of HR in the organizational structure, the type of activity, and the sector to which the company belongs, on the role and scope of the tasks of HR Business Partnering (HR BP). The research method employed was an in–depth, partially structured interview conducted on a group of HR BPs from twenty companies belonging to various sectors. In the interview, the respondents rated the impact of each factor on a scale from 1 to 5, where 1 means definitely has no impact and 5 means there positively is an impact. On the basis of the research, it was shown that the company’s business strategy, organizational culture, and the location of HR in the organizational structure have the greatest impact on the shape and role of HR BP in the surveyed organizations. The organizational development phase is slightly less important. On the other hand, the type of activity of the organization as well as the sector to which the company belongs has only a slight impact on the role and scope of tasks of HR BP in the company.

The Role of Intellectual Property Protection in the Business Strategy of University Spin-Off Biotech Companies in a Small Transition Economy

2007 ◽  
Vol 32 (1) ◽  
pp. 19-40 ◽  
Author(s):  
Tõnis Mets ◽  
Merike Leego ◽  
Tiit Talpsep ◽  
Urmas Varblane
Keyword(s):  
Intellectual Property ◽  
Business Strategy ◽  
Transition Economy ◽  
Intellectual Property Protection ◽  
Transition Country ◽  
Low Costs ◽  
Break Even Point ◽  
The Impact ◽  
Selection Of

AbstractSpin-off biotech companies often have difficulties in creating competitive advantage through protection of their intellectual property, due to their limited human and financial resources. Having considered the value of the intellectual property and questions of enforceability, spin-off companies should use patenting only for inventions with a high market value and high patent enforceability; otherwise, publishing early or keeping the invention a trade secret should be preferred. This allows the inventor to benefit from operational freedom while maintaining low costs. The impact of the protected intellectual property on the success of the firm depends on its speed of entry into the market and when it reaches break-even point. In a transition country with a poorly developed entrepreneurial environment, patents may expire before the spin-off company has produced any profit from its expenditures on the protection of the intellectual property. It should also be remembered that their products may contain modules which are already protected by other inventors. Consequently, a strategically fundamental issue for the success of spin-off firms is the careful selection of the markets in which to operate, and the choice of the proper degree and method of intellectual property protection.

Ways and Side Ways of Using the Information and Communication Technology (ICT) in Knowledge Sharing in Organizations

2013 ◽  
Vol 11 (4) ◽  
pp. 871-882
Author(s):  
Roman Lavtar
Keyword(s):  
Information System ◽  
Information And Communication Technology ◽  
Communication Technology ◽  
Business Strategy ◽  
Business Processes ◽  
Organizational Knowledge ◽  
Information And Communication ◽  
Strategic Information System ◽  
The Impact

Today, the information and communication technology (ICT) is vital for a successful and on-going operation and as support in the decision-making process of an organization. ICT used to serve merely as a data processing support and later as a management information system but it is nowadays becoming understood as a strategic information system, which is no longer separated from an organization’s business strategy. The new functionality requires that an organization does not treat ICT in its business plan separately. Such a role requires a change of business processes, different organizational approaches and a skilled workforce. Knowledge in an organization has been a competitive advantage and not an asset for quite some time now, therefore ICT must also be observed and applied in the light of creating the organizational knowledge. However, there is a risk of the role of ICT being overestimated, both in current operations as well as in the introduction of changes in an organization. The article studies the impact of ICT on the operations of an organization in the context of creating organizational knowledge and introducing changes. Moreover, it points out the traps which the management is exposed to whilst introducing such changes.

Zoom Snowboards Incorporated: Understanding the Impact of Management Decisions on the Audit Plan

2012 ◽  
Vol 27 (4) ◽  
pp. 1193-1213 ◽  
Author(s):  
Joanne C. Jones
Keyword(s):  
Business Strategy ◽  
Audit Committee ◽  
Financial Statement ◽  
Rigorous Analysis ◽  
Private Company ◽  
Audit Planning ◽  
Financial Statement Audit ◽  
Multiple Issues ◽  
The Impact

ABSTRACT Zoom Snowboards Incorporated is a fictitious Canadian private company in the snowboard industry. While the company is fictitious, many of the facts are adopted from actual snowboard companies. The overall goal of this case is to give the students an opportunity to develop their ability to perform a rigorous analysis of an assurance case with multiple issues. Students assume the role of audit senior and are asked to prepare an audit planning memo for the partner. In order to perform a rigorous analysis, students will need to consider the broader issues related to business strategy, risk management, and corporate governance, as well as the regular components of an audit planning memo. Students will also need to consider how the various requests from client management, the bank, and the audit committee impact the financial statement audit as they are preparing their planning memo.

Renault Duster: dusting away competition or facing a dust storm?

2015 ◽  
Vol 5 (3) ◽  
pp. 1-9
Author(s):  
Subhalaxmi Mohapatra ◽  
Subhadip Roy
Keyword(s):  
Marketing Strategy ◽  
Business Strategy ◽  
Brand Management ◽  
Development Program ◽  
Growth Strategy ◽  
Content Type ◽  
First Mover Advantage ◽  
The Impact ◽  
First Mover

Subject area The major issues discussed in the case are related to first-mover advantage, segmenting, targeting and positioning and marketing strategy. Study level/applicability The case could be discussed in a postgraduate program for marketing and brand management and also for strategic management. It could also be used for an executive development program for marketing and business strategy. Case overview The present case is on the Renault Duster, a compact SUV (sports utility vehicle) launched by Renault India in 2012. Equipped with attractive design, innovative features and smart technology, the company used buzz marketing and social media marketing to promote the brand. Competitive pricing of Duster attracted both premium hatchback and sedan buyers in India as the company realized both sales and awards. However, sales started declining from the second half of 2013, and competition used both pricing strategy and exhaustive mass media advertising to compete with the Duster. The other cars from Renault India could not replicate the success of the Duster, which was contributing to around 80 per cent of the total sales of the company in India. Renault thus faced the challenge of losing their ground in the Indian market if they could not revive the sales of the Duster. Expected learning outcomes Product differentiation and brand positioning (the case is a good example of first-mover advantage); market segmentation and creating a new segment; branding strategy and the role of marketing communications in the same; analyze the role of a long term growth strategy and how it influences product/marketing strategy (business strategy course); understand the probable threats of business due to overdependence on one product (business strategy course); understand the impact of inter-firm rivalry on brandsuccess (business strategy course). Supplementary materials Teaching notes areavailable for educators only. Please contact your library to gain login details or email [email protected] to request teaching notes.

scholarly journals ’Business at the speed of light’ – the role of time and speed on business strategy

2010 ◽  
pp. 36-39
Author(s):  
Omri Morag ◽  
Károly Barakonyi
Keyword(s):  
Business Strategy ◽  
Economies Of Scale ◽  
Economies Of Scope ◽  
Competitive Advantages ◽  
Global Village ◽  
Strategic Processes ◽  
The World ◽  
Sustainable Competitive Advantages ◽  
The Impact

The article focuses on the importance of the dimension of time and speed in the world of competitive strategy. In today’s global village, businesses struggle with competitors in the industry to achieve sustainable competitive advantages through the creation of economies of scale and/or economies of scope but also to achieve economy of time. In some industries this is one of the key success points for leadership in the competition. The article describes the trends in the area of the impact of time and speed on the world of strategy and presents the main parameters that influence the speed of the implementation of the strategic processes by companies.

scholarly journals The Impact of Succession Planning on Product and Service Innovation at Family Businesses in Yemen.

2021 ◽  
Vol 1 (1) ◽  
pp. 14
Author(s):  
Tariq Alradhi ◽  
Mohammed Al-Abed ◽  
Ahmed Alkherbi
Keyword(s):  
Succession Planning ◽  
Business Strategy ◽  
Family Firms ◽  
Service Innovation ◽  
Family Businesses ◽  
Four Dimensions ◽  
Training Post ◽  
The Impact ◽  
And Training

As increasing numbers of family businesses are emerging, the marketplace is in danger of becoming saturated with products that end users do not understand while competition between businesses becomes stiffer. For businesses that operate in a saturated space to access new opportunities, they need to continually invest in the development of new products and services via a process of creativity and innovation. However, in the contemporary business landscape, innovation has extended beyond being a means of gaining a competitive advantage to being a necessity. To achieve this objective, family firms need to develop an understanding of the factors that influence innovation in order to promote, preserve, and boost innovative practices. This research investigated the impact of succession planning on product and service innovation in Yemeni family businesses. Quantitative approach was employed for the purpose of answering the research questions and testing the underlying hypotheses. A survey questionnaire was utilized as the main instrument to gather the required data from the owners of family firms and organizations that the Yemen Tax Authority has classified as top taxpayers. The sample size consisted of 120 family businesses whose headquarters were located in Sana'a City, Republic of Yemen. Only 116 questionnaires were completed with no invalid data, representing a high response rate of 97%. The results show significant relationships between succession planning and its four dimensions; successor selection and training, post-succession business strategy, post-succession role of incumbent, dissemination of the succession decision with product and service innovation. In addition, the results of Regression analysis reveal that succession planning as the whole independent variable has a significant impact on innovation. Furthermore, results show that the four dimensions of succession planning; successor selection and training, post-succession business strategy, post-succession role of incumbent, and dissemination of the succession decision have a significant impact on product and service innovation. These results provide recommendations to the family business owners, at that they should establish strong and vested plans for succession. They should pay attention to the quality of training that is offered to potential successors. Family businesses should build and rely on "family constitution", which is considered as an important document that includes a definition of the basic values, vision, and general objectives of the company.

scholarly journals MCS package and entrepreneurial competency influence on business performance: the moderating role of business strategy

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Shafique Ur Rehman ◽  
Hamzah Elrehail ◽  
Kiran Nair ◽  
Anam Bhatti ◽  
Abdallah Mohammad Taamneh
Keyword(s):  
Business Strategy ◽  
Business Performance ◽  
Partial Least Square ◽  
Least Square ◽  
Business Strategies ◽  
Content Type ◽  
Administrative Control ◽  
Entrepreneurial Competencies ◽  
The Impact

PurposeThis paper draws on resource-based theory (RBV) to examine the impact of the management control system (MCS) package on business performance through the mediating role of entrepreneurial competencies and the interaction role of business strategy in small and medium-sized enterprises (SMEs).Design/methodology/approachA total of 372 questionnaires were used in this research for analysis purposes using partial least square–structural equation modelling. Cluster sampling was used and nine states out of 16 states were selected randomly, including Kelantan, Johor, Sarawak, Selangor, Kedah, Kuala Lumpur, Penang, Perak and Sabah, because the nine states cover 84.4% of the total SMEs.FindingsThe results revealed that only cultural and administrative control has no relationship with business performance. Moreover, in the MCS package, all elements have a significant and positive influence on entrepreneurial competencies. Furthermore, business strategy (cost leadership and differentiation strategy) significantly moderates, while entrepreneurial competencies mediate between, cultural, planning, cybernetic, rewards and compensation, administrative control and business performance.Originality/valueSMEs in Malaysia are contributing 36.6% to gross domestic product. Further, as this sector is important, less attention has been paid to this area of MCS package with business strategies to determine organisational performance. This study fills these gaps, and the recommendations and findings for further research are discussed in detail accordingly. Moreover, the findings of the current research provide guidelines for the management of SMEs.

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