Strategic Planning

Guanxi and Business Strategy: Theory and Implications for by Eike A. Langenberg

Posted On March 23, 2017 at 11:48 am by / Comments Off on Guanxi and Business Strategy: Theory and Implications for by Eike A. Langenberg

By Eike A. Langenberg

''Guanxi and enterprise Strategy'' elaborates upon a subject of paramount significance to either educational students and bosses doing company with China: the influence of private relationships (guanxi) on company affairs. within the chinese language cultural and socio-economic setting, how are the ever-present practices of guanxi to be thought of in entrepreneurial strategies?Rather than explaining the emergence of guanxi and its patience – inspite of the lifestyles of a industry economic system – with Confucianism, the writer applies the phenomenon to the technique of latest monetary Sociology. by means of integrating guanxi right into a enterprise context, he exhibits that the economic usage of guanxi with providers, shoppers, rivals and experts yields major sustainable aggressive merits. As guanxi practices, despite the fact that, could pose dangers to unsuspecting managers, guanxi-based company innovations also are assessed when it comes to compliance with criminal and moral criteria.

Show description

Read or Download Guanxi and Business Strategy: Theory and Implications for Multinational Companies in China PDF

Best strategic planning books

A Practical Guide to Information Systems Strategic Planning (2nd Edition)

The root of a profitable details platforms strategic plan is the popularity that company course and specifications needs to force the IS procedure and computing structure. a realistic consultant to info structures Strategic making plans, moment variation outlines a scientific method of advisor you thru the improvement of a good IS plan that's formulated out of your company's marketing strategy.

Strategy: Seeking and Securing Competitive Advantage

What makes up an efficient process? This choice of "Harvard company Review" articles bargains perception and functional suggestion from the leaders within the box: Michael Porter, Kenichi Ohmae, Steven Wheelwright, Gary Hamel, and C. okay. Prahalad, between others. They convey how virtue can and may be extracted from many resources, from advertising and joint ventures to monetary research.

Industrial Organisation: Competition, Strategy, Policy, 2nd Edition

This new version of business association improves at the luck of the 1st variation, offering a robust hyperlink among the idea and research of business economics and giving genuine global software of the idea to the company setting. large case experiences supply brilliant and interesting descriptions of commercial industry buildings and company innovations and behavior.

Strategic ERP Extension and Use

Strategic ERP Extension and Use presents practitioners and researchers with a window into the innovative strategic extension and using glossy ERP structures, targeting present use of ERP process implementation in addition to outlooks for destiny advancements for operations and strategic managers. With contributions and real-world case reviews by means of demonstrated specialists within the box at such modern associations as MIT, Accenture Institute for prime functionality enterprise, and the Kelley institution of industrial at Indiana college, this quantity clarifies the prevailing functions of ERP structures and the possibility of extensions of those features in help of source administration ideas.

Additional info for Guanxi and Business Strategy: Theory and Implications for Multinational Companies in China

Example text

Since his time, benevolence has been explicitly perceived by Confucianism as incremental compassion that depends on the nature of the social relationship (Ho 2003: 290). ) 24 25 26 ness was determined not only by the circumstances of one’s situation but by one’s relevant social role. The ruler is obliged to show benevolence for his subjects. Since it is in the nature of things that only few persons can attain a high position in the hierarchy, the ruler shall also be a shining example for every man from top to bottom (van Norden 2002: 21).

Similarly, Schramm and Taube (2001) oppose exchanges in guƗnxì networks to economic practices in the Western legal framework. GuƗnxì networks are identified as an “optimum” solution to the problem of institutional arrangements—a finding that is found to have far-reaching implications for the dynamics of corruption. Charging that the conceptualization of guƗnxì is insufficiently questioned and that there is considerable confusion about its implications for business, Fan (2002b) analyzes guƗnxì from the perspective of social processes.

9: Embeddedness of individuals into the guƗnxì system (macromicro transition): how is an actor’s set of feasible actions related to the initial social context (institutional norms, traditions, and other codes of conduct)? Principle of action (individual reasoning): how does an individual select from the set of feasible actions? This assumption about the individual reasoning process shall analogously hold for transition no. 6. Combined effect of individual actions on the guƗnxì system (micro-macro transition).

Download PDF sample

Rated 4.31 of 5 – based on 41 votes