Strategies and Outcomes in the Two Sectors of the Japanese Shipbuilding Industry

2001 ◽  
Vol 17 (03) ◽  
pp. 174-182
Author(s):  
Philip C. Koenig ◽  
Hitoshi Narita ◽  
Koichi Baba

The Japanese ocean-going shipbuilding industry has evolved into two distinct sectors and today's second tier or medium-sized firms build close to half the nation's output of large ocean-going vessels. Many vessels recently delivered by the major and the medium-sized shipbuilders are of similar size and complexity. However, the medium-sized shipbuilding companies of Japan differ considerably from the majors in business strategy and corporate structure. To date, studies published in English on the Japanese shipbuilding industry have focused mainly on the seven major firms. In this paper Japan's medium-sized shipbuilders are introduced. Their competitive environment, operations, and strategies are compared with those of the seven major firms. The relative strengths and weaknesses of the major and medium-sized shipbuilders are considered and the role of technological development in the long-term prospects of both is discussed.

Author(s):  
Dmitriy Davydov

The article examines  the idea of meritocracy, now increasingly criticized. It is shown that the relevance of the discourse on meritocracy is due to the objectively increased role of education and various creative and technical talents in the context of rapid technological development. At the same time, critics rightly point out that meritocracy today has become largely a myth that plutocrats turn to justify their privileges, status and wealth. The very idea of a meritocracy that focuses exclusively on the technical competencies and abilities demanded by the neoliberal economy is also criticized. Many authors talk about the need to fairly reward and respect low-skilled workers, who often (especially in the context of the COVID-19 pandemic) bring more public benefit than highly educated financiers or bankers. Nevertheless, the article shows that this criticism is a hidden apology for meritocracy. In this case, critics justify deeper inequalities associated with long-term prospects and self-realization. It leads to cementing the “secondary” status of workers of the “hand” and “heart”, whose fate in the context of automation and the development of artificial intelligence technologies may turn out to be unenviable. In the author's opinion, the only alternative to this state of affairs is the rejection of meritocracy as a normative concept. It should be recognized as an inevitable evil associated with the imperfection of social institutions and, in part, human nature. Accordingly, the author contrasts the meritocratic pursuit of status and power with the ideal of universal striving for the maximum possible and, what is remarkable, all-round development and practical application of the talents of all without exception.


1997 ◽  
Vol 26 (2) ◽  
pp. 79-85 ◽  
Author(s):  
Mario C. Demicheli

Set for success in the market, biotechnology could fulfil several objectives of the European Union, notably those relating to health, agriculture, the environment, technological development and general business competitiveness. However, several factors hinderthis knowledge-based technology from realizing its potential in Europe, as is measured by the usual indicators of competitiveness. The reasons are examined through a bottom-up approach, starting from the management of biotechnology research and moving towards business strategy and the role of consumers and regulators. Agricultural biotechnology in Europe is characterized by excellence in research but unattractiveness to investors.


2021 ◽  
Vol 18 (2) ◽  
pp. 137-151
Author(s):  
Gulnara A. Krasnova ◽  
Alexander V. Fedotov

Problem and goal. Determination of the place and role of education in the national security system at the present stage based on the analysis of the foreign and Russian regulatory framework, as well as scientific literature on the subject of the study. Methodology. Through the analysis and parallel comparison of the main domestic and foreign regulatory legal acts in the field of security, the key transformations of the perception and vision of education as a factor of national security in foreign countries and Russia were identified, and the causal relationships between the development of the education system and national security were formulated. Results. The problems of national security in all their diversity are significantly related to the state and sustainability of the development of the educational sphere, the impact of which is long-term and has far-reaching consequences in the form of imbalances in the socio-economic, scientific and technological development of the country. Conclusion. The formalization of existing approaches to assessing threats to national security and the economic aspects of ensuring national security will allow us to propose a methodology for quantifying the costs of the education system as a whole (or only for higher education), necessary to optimize the impact of education on national security.


Author(s):  
Timofei Vladimirovich Alekseev

The subject of this article is the assessments of national researchers on various aspects of shipbuilding of the Azov Fleet in 1695-1712. The goal consists in revealing the key issues in development of shipbuilding industry as one of the branches of domestic military production by means of critical analysis and generalization of results of research conducted by the Russian scholars. The author examines the factors  and prerequisites for selecting Voronezh as the center of construction of the Azov fleet, the key stages and evolution of shipbuilding industry and activity in the Voronezh Region, establishment of administrative branches and role of foreign experts thereof,  results of shipbuilding of the Azov Fleet and its impact upon further development of shipbuilding industry in Russia. The novelty of this study consists in analysis of the works of national researchers dedicated to shipbuilding of the Azov Fleet for covering the problem of establishment of shipbuilding sectors of the Russian military industry, clarifying and generalizing debating points on the subject matter. The article describes the influence of the conditions of shipbuilding of the Azov Fleet upon the course of shipbuilding works and the image of forming shipbuilding industry. The factors of institutionalization of shipbuilding industry, the course of development of the first shipbuilding cluster in Russia, as well as the results of short-term and long-term shipbuilding activity of are revealed.


CSR is a business strategy that works in a world where brand value and reputation are increasingly seen as an organization's most valuable asset. It can build the loyalty and trust that ensure a bright sustainable future. In our complicated, international society, partnerships have become grade by grade apparent. these agencies aren't made a decision on their effects but on their conduct as properly. therefore CSR have to have become a essential piece of each a part of commercial enterprise lifestyles and this acquires improvement budgetary execution, builds profitability, higher danger and emergency the board, increased specialist obligation, extraordinary individuals of the own family with government and networks, upgraded brand clearly well worth and notoriety this brings to lengthy haul staying power and affordable development to the corporation. primarily based on these, this investigation is under taken to recognise whether or now not CSR exercising of Nalco has affected on the long haul staying energy and supportable development of the company, the exam implemented organized ballot and assembly method to collect the data from the respondents. The exam has applied chi rectangular method to check theories and both the non-obligatory idea are mentioned and check uncovers that additives of CSR exercise of the agency effects on lengthy haul patience and maintainable improvement of the enterprise. as a result, there may be a requirement for NALCO prepared in Odisha to improve the CSR workout and revealing it usually.


2000 ◽  
Vol 32 (2) ◽  
pp. 461-501 ◽  
Author(s):  
CARLOS HUNEEUS

This article analyses the role of the economic team known as the ‘Chicago Boys’ and of the main political faction in Pinochet's Chile, the ‘Gremialists’, founded by Jaime Guzmán in the Catholic University in 1966. These two sectors of the elite had a common professional and political career and were the principal civilian groups of the dictatorship who developed a long-term political strategy that deeply influenced both the economic and political orientation of the military regime. They shared a long-term power strategy, that was basically defined by the ‘Gremialists’. The article focuses on the role played by ODEPLAN in shaping the economic reforms. It demonstrates that the coherence of the economic model inherent in the implementation of its policies is to be found in the integration of the policies with a political project, articulated by the ‘Gremialists’.I want to make it clear that I am convinced that the main responsibility for all that is going on in Chile lies not with the military, but rather with the civilian advisors and the whole climate of adulation and servilism that the economic right has created around them, The ideology of the government was born in the most traditional circles of the economic right, disguised under the sign of ‘nationalism’ and shielded behind ‘the courage to declare oneself anti- Marxist’.


1996 ◽  
Vol 2 (3) ◽  
pp. 623-702 ◽  
Author(s):  
R.M. Paul

ABSTRACTIn the current financial climate takeovers of proprietary life companies by other life companies, amalgamations of mutuals and demutualisations have become more and more prevalent. However in respect of takeovers, the process does not end with the purchase, but normally results in the transfer of the long-term business of one of the companies to the other. To optimise synergy and administrative efficiency, there may be a need to reconstruct the amalgamated funds.The author has been involved as Appointed Actuary and internal project manager in such transfers of business within proprietary companies and has also acted as an independent actuary and as an external project manager for other transfers. One of these transfers involved four companies transacting both with-profits and unit-linked business in which the interests of both policyholders and shareholder had to be protected. He considered this transfer to be of sufficient interest to merit the preparation of a paper discussing the issues which arose. Although the paper is principally based on that transfer as a case study, relevant and related factors arising in other transfers have been included where appropriate, as have references to the role of the actuary before, during and after reconstruction.In the case study, the scheme of transfer and the associated reconstruction of corporate structure involved merging three separate with-profits funds, merging many unit-linked funds (including unitised with-profits) and, subject to appropriate compensation, rationalisation of the rights to surplus attributable to both with-profits policyholders and shareholder.


2012 ◽  
Vol 09 (01) ◽  
pp. 1250008 ◽  
Author(s):  
MICHAEL GALLIS ◽  
EMILY LORANCE RALL

In the past three decades, there has been a rise in neo-Schumpeterian approaches for understanding the role of innovation in technological development cycles. However, a literature review reveals two important factors are missing: first, an understanding of the role of the Global Network, defined as the connective network by which people, goods, and information move around the world, and second, a more holistic view of innovation cycles that is based on hierarchies of technologies and encompasses the influence of sociopolitical interactions and market integration worldwide. This paper presents a new conceptual framework for understanding the development of technology, taking these factors into account through the grouping of innovations into Global Development Cycles. With increasing globalization and radical technological development, the attempt to understand predictable, long-term pattern changes has never been more important if we are to effectively manage global development. The implications of this more comprehensive global perspective are discussed.


Author(s):  
Nicola Persico ◽  
C. James Prieur

In 2007 Conseco's CEO, C. James Prieur, faced a complicated set of problems with his company's long-term care (LTC) insurance subsidiary, Conseco Senior Health Insurance (CSHI). CSHI faced the threat of congressional hearings and an investigation by the U.S. Government Accountability Office, triggered by an unflattering New York Times article alleging that CSHI had an unusually large number of customer complaints and was denying legitimate claims. This threat came in addition to broader systemic problems, including the fact that the entire LTC industry was barely profitable. What little profitability existed was dependent on the goodwill of state insurance regulators, to whom the industry was highly beholden for approvals of rate increases to keep it afloat. Furthermore, CSHI had unique strategic challenges that could not be ignored: First, the expense of administering CSHI's uniquely heterogeneous set of policies put it at a disadvantage relative to the rest of the industry and made rate increases especially necessary. Second, state regulators were negatively predisposed toward Conseco because of its notorious reputation and thus were often unwilling to grant rate increases. Finally, CSHI was dependent on capital infusions totaling more than $1 billion from its parent company, Conseco, for which Conseco had received no dividends in return. Faced with pressure from Conseco shareholders and the looming congressional investigations, what should Prieur do? Students will discuss the available options in the context of a long-term relationship between Conseco and state insurance regulators. Prieur's solution to this problem proved to be innovative for the industry and to have far-reaching consequences for CSHI's corporate structure.After reading and analyzing this case, students will be able to: evaluate the impact of a regulatory environment on business strategy; and assess the pros and cons of various market strategies as well as recommend important non-market strategies for a firm in crisis in a highly regulated industry.


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