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A study on the business strategy of company for Taiwan to join the WTO--A case study of China Steel Structure Co.Yang, Hsien-Chi 19 June 2002 (has links)
The R.O.C. has already joined World Trade Organization ¡]called WTO¡^ since January 2002, and it has brought our country the great impact in all aspects. The enterprises face many challenges, which are caused by the necessary and sharply changes of economical development policies, including the modulation of industrial structure, the renewal of commercial working mode, and the regeneration of the main power of the enterprises. In order to bring the synergy into full play, the enterprises must make good use of the Portfolio policy, select center industry for the foundation of the Diversification Strategy, utilize effectual managerial skills and advanced technology, and coordinate suitable organization structure and management philosophy.
This research uses case method to analyze China Steel Structure Co.¡]called CSSC¡^; as for implanting the above-mentioned methods to reengineer corporation and using diversification strategy to deal with a company after it joins WTO, this research addresses effective operate strategies and specific suggestions. In addition, the research is based on Resource Based Theory and Diversification Strategy to confer company¡¦s resources-assets, skills, and capabilities to create core advantage and accumulate abilities to make the company reach interior consistency and bring the overall achievements, which included harmonized resources, scope of business/structures and coordinated/controlled systems into full play.
Which mode should the company select for future management strategy? According to the result of generalization question, based on appropriate theory, the suggestion, which the company should adopt are as follows:
1¡BExpansion of the scope of business:
¡]1¡^Two alarming earthquakes occur continuously, then the steel structure substitutes the traditional structure, such as ferroconcrete and reinforced brick ones. It is not only able to be the precaution against earthquake and conform with the requirement of green architecture of environmental protection, but also the necessary product for the future architecture.
¡]2¡^The reachable range of CSSC manufactures are able to extend naturally with the superiority of excellent techniques, effective management skills, and punctual deliveries and CSSC can establish the factories in the mainland china first.
2¡BDiversification
¡]1¡^Related Diversification Strategy
Diversify corporation supply chain: establish construction, engineering company.
Diversify operation: corporate venture of employees and establish assemble company
¡]2¡^Mergence and strategic alliance
Apply CSSC¡¦s financial resources to invest or merge companies which are healthy but lack of capitals or funds; launch joint ventures with project consultant companies, architects and construction professions.
3¡BAdjustment of organization
To face the knowledge economy age, CSSC should take down, classify, and store the experience and knowledge of the core abilities, such as steel structure technology and production management. Then, organize all professional knowledge, rethink over the structure of the company¡¦s organization in coordination with the suggestions, which the research mentioned above.
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A case study of the Resource-Based Theory to the investment behavior and the strategy of MNC subsidiaries in Taiwan-Empirical Research for Chemical IndustryChang, Shu-ming 14 August 2008 (has links)
Abstract
Globally recognized for its investment strengths, Taiwan offers superior geographical and cultural advantages, a vibrant yet stable economy, technological prowess, tightly integrated industrial infrastructure, professional talent and a skilled labor force. Taiwan¡¦s economic strength is rooted in its industrial base, which started with a manufacturing boom in basic-level exported goods and progressed to technology intensive industries, such as electrical goods and chemicals. The Taiwan government is dedicated to attracting investment by establishing a free and open investment system, and by providing a good environment for corporate operations.
According to the 2005¡ã2006 global competitiveness report issued by the World Economic Forum (WEF), in 2005 Taiwan ranks fifth in the world (behind the countries of Finland, the US, Sweden and Denmark), and first in Asia, in growth competitiveness. In its 2nd report in 2006, Business Environment Risk Intelligence (BERI) of Switzerland ranks our investment environment sixth in the world and third in Asia. The assessments compiled by these institutions, all of which enjoy a high degree of public trust, make it clear that Taiwan has a low-risk investment environment that is suitable for investment, and that its investment environment is a highly advantageous one1.
Therefore, the study applies the resource-based theory to the exploration of relationship between core resources and strategy, makes use of records and case study to develop the relevant conclusion and further presents the academic and practical contributions, and provides suggestions for Taiwan enterprises to deliberate the further strategy and direct how the subsequent research concerned is conducted.
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Adopting emerging integration technologies in organisationsChen, Xin January 2005 (has links)
A review of the innovation and diffusion literature indicates a considerable amount of research, where attention is given to a range of features which may support integration technologies adoption. However, some literature suggests that the findings derived from the study of large enterprises cannot be generalised and applied in SMEs due to the distinct characteristics of SMEs. Although the adoption of integration technologies is recognised as being different between large and small companies, the literature on its adoption by SMEs remains limited. Nevertheless, in existing work, there is a lack of studies emphasising the reasons why SMEs and large companies take the decision to adopt integration technologies, focusing specifically on the different factors. This thesis therefore identifies the significant differences in the way that SMEs and large companies approach integration technologies, based on the existing literature, theoretical diffusion theories, and resource-based theory. In doing so, the parameters that can be used to explain the adoption of integration technologies in SMEs and large firms are identified, as nature of organisations, company size, integration needs, adoption factors for SMEs and large organisations, and time. Additionally, adoption factors are found and classified into three categories: adoption factors explicit to SMEs, adoption factors explicit to large organisations, and common factors. Based on this, a conceptual model is introduced to explain the different factors that influence adoption between SMEs and large organisations. The empirical contexts of the research are one project on integration technologies adoption, and four case studies on a large firm and three SMEs, which are analysed using an interpretive and qualitative research approach. The evidence suggests that the empirical data complement the identified dimensions nature of organisations, integration needs, company size and time. The empirical data also confirm that the current integration technologies adoption factors reported in the literature can be classified into common factors, factors explicit to SMEs, and factors explicit to large firms, to support a more comprehensive view of this area. An additional factor perceived future prospect has been considered as an influence on adoption in large organisations. The findings of this research can be useful to guide analysts and researchers in determining critical aspects of the complex issues involved for integration technologies adoption, and lead to suggestions for further valid research.
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Divesting assets and redeploying resources as predictors of the performance of acquisitions : the case of GreeceGiannopoulous, Marinos January 2013 (has links)
Post-crisis market realities in Greece are expected to lead to increased M&A activity in the coming years, little evidence is provided in the academic literature on Greek M&A post-acquisition performance and its driving factors. The overall aim of this thesis is to complement and enhance the existing M&A literature by examining the impact of two post-acquisition actions, of asset divestiture and resource redeployment on the long-term performance of Greek M&A deals over the period 2005-2009. The conceptual framework of this thesis draws on the strategic management perspective. Using the cost efficiencies argument, the thesis examines how cost savings, due to asset divestiture affect the post-acquisition performance of both the target and the acquiring firm. In addition, by drawing on the resource-based view of the firm and the dynamic capabilities perspective, the thesis explores the effects of post-acquisition resource redeployment from acquirers to targets and vice versa, on revenue-enhancing capabilities. The findings revealed that the divestiture of the acquirers’ assets does not reduce costs. In addition, the importance of revenue-based synergies was shown, through the mediating variables of market coverage and innovation capabilities. Finally, acquirer’s resource redeployment has a positive and significant effect on cost savings and the same holds true for the resource redeployment to the target. These results indicate that resource redeployment contributes in achieving higher cost efficiency. The originality of this study is that it tries to obtain new insights on the subject of the post-acquisition performance using arguments from the cost-based and resourcebased synergies, the resource-based view (RBV) of the firm and the dynamic capabilities perspective. In addition, this is a large-scale empirical study conducted in Greece drawing on detailed primary data on a high range of post-acquisition actions followed by the managers of the acquiring companies rather than secondary data.
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Addressing Challenges Faced by Small Business Immigrant Entrepreneurs in Houston, TexasAlghafir, Yahya 01 January 2017 (has links)
Immigrant entrepreneurs play a significant role in the economic development of the United States. However, some small business immigrant entrepreneurs are less successful than small business nonimmigrant entrepreneurs. The purpose of this multicase study was to explore the strategies some small business immigrant entrepreneurs use to sustain and grow their businesses profitably. Using a purposeful sampling technique, the population for this study consisted of 5 small business immigrant entrepreneurs having sustained and grown businesses for a minimum of 5 years in Houston, Texas. The conceptual framework that grounded this study was a combination of Barney's resource-based theory and the Light's disadvantage theory of business enterprise. Data collection consisted of interviews, field notes about observations, and review of documentation related to business strategies. Data analysis involved a process of disassembling data into common codes, reassembling data into themes, interpreting meaning, and making conclusions. The following 4 themes emerged from data analysis: providing good customer service, offering lower prices than competitors, offering popular products, and keeping costs and expenses low. Results showed that small business immigrant entrepreneurs concentrate on differentiation and cost control to sustain and grow their businesses profitably. The implications for positive social change included the potential to provide small business immigrant entrepreneurs with knowledge to improve their business strategies, thereby enhancing their contribution to the prosperity of their families, their employees, and their local community.
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A Study on the Integration and Management of the Electric Control Resources in Group Company ¡V A Case Study of China Steel GroupTzou, Sen-mu 02 July 2010 (has links)
In order to stay sustainably competitive and provide low cost, high quality products safely and on schedule, China Steel Group must depend on a highly automated and sophisticated electric control system for dynamic and optimized control. Therefore, the promotion of group synergy as well as integration and management of the resources of China Steel Group¡¦s electric control system become the main purpose of this study.
This study is based on resource-based theory, Collis & Montgomery's strategy and the literatures on Group Company¡¦s management. Management system of Formosa Plastics Group, three Japanese and one Korean Steel Groups were also investigated as benchmarking practices. Following issues have been analyzed via 4 experts¡¦ interviews and 135 questionnaires: 1).Core electric control resources with sustainable competitive advantage of China Steel Group, 2).The electric control resources¡¦ integration and management system of China Steel Group, 3).The necessity and direction to establish China Steel Group¡¦s general management office.
Findings and conclusions of this study are shown as follows:
1) . Core electric control resources with sustainable competitive advantage of China Steel Group:
a. Expertise is the most important core resources of electric control system; process and operation domain knowledge, process control maintenance knowledge and basic engineering of electric control project are the most sustainable competitive advantage in daily business operation.
b. Process domain knowledge in rolling mill is the most valuable and difficult electric core resource and need to be enhanced first.
c. The most important factors to evaluate the performance of electric control business are: quality, time schedule, safety and environmental protection, technical ability, communication and coordination services.
2) . The electric control resources¡¦ integration and management of China Steel Group:
a. Through resources, business and organization as well as by the coordination and monitoring system, the integration and management of the electric control resources of China Steel Group will become more effectively.
b. In addition to the original electric control maintenance and engineering business, China Steel Group should strengthen the function of electric control professional staff to integrate the group¡¦s resources.
c. The way to integrate electric control resources are: technology and information integration, material and logistics integration, process/organization and human resources integration.
d. Project detail design and software maintenance for DCS and PLC should be subcontracted to subsidiary company, InfoChamp System Corp., to enhance its capability in addition to keep core capability inside China Steel Group.
e. Maintain the existing district-based electric maintenance system; Integrate group-wide resources to set up group¡¦s electric control engineering company responsible for all group's electric control projects; Functions of companies¡¦ electric control department shall be transformed into group¡¦s professional staff.
3) . The necessity and direction to establish China Steel Group¡¦s general management office:
a. The performance of resource integration in China Steel Group is very important.
b. More than 85.2% of respondents considered Group¡¦s general management office should be established or expand the parent company (China Steel Corp.) existing organizations to integrate the resources of China Steel Group.
Finally, the result of this study is not only meaningful for China Steel Group but also can be applied in other industry group companies and engineering companies.
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An Analysis on Companies of Cultural and Creative Industries in Taiwan with Resource-Based TheorySung, Ming-yen 17 August 2011 (has links)
The Law for the Development of the Cultural and Creative Industries is passed by the Legislative Yuan on Feb 3, 2010 and implementated on August 30, 2010. It shows that the Taiwanese government is devoted into cultural and creative industries, and also to position cultural and creative industries in a significant place of culture policy. In the Law, there are 16 categories. Among them, the researcher thinks that the handicrafts industry, the digital content industry and the visual communication design industries are full of developmental potential. Therefore, this study will draw three cultural and creative industry projects form these industries as the focus of the analysis.
This research applies the resource-based theory on three Taiwan's cultural and creative industry companies. The research interviews one case of each industry listed above. Through interviews and documents, the research attempts to understand those companies¡¦ internal resources, explore their core competencies, and further analyze of the competitive advantages and strategies. Several research questions are listed: what are the successful factors of three cases? What resources are available in their companies? What are their competitive strategies? The analysis will help to understand the development of Taiwan's cultural and creative enterprise and business. In addition, interviewees also provided suggestions for the current policy of Taiwan's cultural and creative industries. Finally, the researcher provides suggestions to the three cases, Taiwanese government on policy of Cultural and Creative Industries in Taiwan, also made efforts for the further studies.
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A Study of Key Success Factor for Tradition Industry to invest on Hi-tech Industry by Resource-based Theory Approach¡ÐA Case Study on Petrochemical Industry CompanyWang, Yao-Ching 15 July 2004 (has links)
Taiwan¡¦s successful industry development model had admired by people in the world. To induce the successful industry development model was from agriculture industry, industry to hi-tech industry. Now some hi-tech products had been the No.1 in the world but some tradition industries competence are decreasing due to high cost of wage and land and low profit. Recently China¡¦s industry rises abruptly and relies on its low wage and vast local market to attract foreign capital investment. This situation made Taiwan tradition industries face severe competition. Some tradition industries are in view of surviving or diverting risk to invest hi-tech industry. Some are success but more are failure even cumbering mother companies.
According to Taiwan tradition industries situation, we consider if tradition industries do not understand what core resources they own or what key success factor on hi-tech industries and invest in a swarm of bees will cause vast damage. The research is based on resource-based theory and search for the key success factors of hi-tech industries, and to realize what the competitive dominance is. We hope the research result will help for tradition industries to invest hi-tech industries.
This study has three steps as following: (1) Through comparing differences between tradition industry and hi-tech industry to design questionnaire and interview experts deeply to get the key success factors. (2) To check the results by successful company. (3) To present the results of analysis and to give some suggestions.
In conclusion, we get five key success factors as following:
(1) Leader characteristic
(2) The ability to get outer capital
(3) The ability to get right professional team work
(4) The ability of technique
(5) Company culture
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Exploring Study for Strategic Human Resource employment architecture:the Example of A Marine CompanyChao, Pao-Chen 09 February 2001 (has links)
ABSTRACT
As the progress of information technology, the trend of globalization market and dramatic market competition, human resource can be the only source of sustaining a competitive advantage for organizations. It is not all employees who possess knowledge and skills of core resources for firms. It is the fundamental work for human resource management for firms to improve employment management of human resource. Given pressures for both efficiency and flexibility, in addition to the use of internal full-time employees, firms are use external workers, such as temporary employees, contract laborers, consultant etc. The fact highlights that human resource management can be divided to make or buy decisions. It would be more efficient employment to hire at employee's characteristic.
The related academic is less and lack of a systematic framework for carrying for employment management. This study, develop a human resource architecture based transaction cost economics, human capital, resource-based view and the academic of Lepak & Snell (1999). The conclusions are: 1.When human resource are both valuable and unique, firms should internally develop human resource and would rely on a commitment-based human resource configuration. 2. When human resource is valuable but not unique, firms should acquire human resource from labor market and would rely on a market-based human resource configuration.3. When human resource is not valuable and unique, firms should use contractual human resource and would rely on a compliance-based human resource configuration.4. When human resource is unique but not valuable, firms should use alliance and would rely on a collaborative-based human resource configuration.
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The Study of Inter-firm Cooperationsin Information System Integration IndustriesChiang, Ru-Yu 24 July 2001 (has links)
With the coming of digital times, global competition resulted in every industry expanding their requirements in supply chain integration and enterprise resource planning. The importance of information system integration industries also increases with time. When all kind of industries continues to integrate supply chain and establish cooperative partnerships, trying to exploit cooperation to acquire more competencies in the market, we want to know whether the information system integration industries establish their cooperative relationship.
Therefore, our study tried to review the actives and relationship between integrators by the systems integration service process. Through the theory¡¦s guiding, we attend to induce the factors of inter-firm cooperation in system integration industries. We use multiple case study to design our research¡Aand select three cases to study. Semi-structural interview is used to collect needed data to understand the true cooperative relationship between integrators. According to transaction cost theory, resource-base theory and social exchange theory, we propose some theoretical propositions to guiding the real cases analysis.
The conclusions not only describe the real cooperation in Taiwan system integration industries, but also induce several factors of cooperative relationship between integrators, including product characteristics, transaction cost, resource, trust and guanxi. Moreover, the transaction cost is the most important element in the cooperative relationship between information system integrators.
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