The Network Challenge Chapter 15

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The Network Challenge (Chapter 15)

Author : Christoph Zott,Raphael Amit
Publisher : Pearson Education
Page : 38 pages
File Size : 54,6 Mb
Release : 2009-05-19
Category : Business & Economics
ISBN : 9780137015108

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The Network Challenge (Chapter 15) by Christoph Zott,Raphael Amit Pdf

Zott and Amit explore the role of business models in creating value through networks. They review earlier, firm-centric views of value creation, including Porter’s value chain, the resource-based view, and the transaction costs approach. They point out that business models go well beyond classic views of network theory (e.g., topography and structure) and include notions of purpose, acceptance, fairness, coherence, and viability. Based on their earlier framework for e-business models, they explore the role of four major interlinked value drivers: efficiency, complementarities, lock-in, and novelty. They argue that the focal firm’s business model acts as both an engine for value-creation and an invaluable construct for understanding the firm’s role in relation to other business model participants in the networks in which it is embedded.

The Network Challenge (Chapter 24)

Author : Kevin Werbach
Publisher : Pearson Education
Page : 37 pages
File Size : 42,5 Mb
Release : 2009-05-19
Category : Business & Economics
ISBN : 9780137015542

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The Network Challenge (Chapter 24) by Kevin Werbach Pdf

Telecommunications is a networked business, yet it traditionally has resisted a network-based view in its strategies and business models. In this chapter, Kevin Werbach explores this paradox, contrasting the worldview of Monists such as AT&T, who see the infrastructure as inseparable from the network, and Dualists such as Google, who see the network and its applications as distinct from the underlying infrastructure. Not surprisingly, AT&T is a proponent of “tiered access” whereas Google argues for “network neutrality.” Finally, Werbach examines how a more modular future might bridge the gap between those who seek to own and capitalize on the network and those who seek to expand it through more neutral offerings.

The Network Challenge (Chapter 25)

Author : Witold J. Henisz
Publisher : Pearson Education
Page : 28 pages
File Size : 45,8 Mb
Release : 2009-05-19
Category : Business & Economics
ISBN : 9780137015559

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The Network Challenge (Chapter 25) by Witold J. Henisz Pdf

From oil companies seeking rights to drill to consumer products firms attempting to forestall a consumer boycott, organizations often seek to influence political or social policy to achieve their own objectives. But to exert this influence, they need to understand the structure of political and social networks. In this chapter, Witold Henisz examines how information about the structure of political and social networks can be integrated into data acquisition and analysis, as well as strategy implementation. Although sophisticated companies have long relied on an informal understanding of networks of informants to gather information about social and political actors at home and abroad, the analysis of the information and design of an influence strategy has too often occurred without reference to that structure. As Henisz points out, a more rigorous approach to analysis is transforming political and social risk management from art to quasi-formal science. This chapter outlines the past, present, and future frontiers of political and social risk management with particular attention to using an understanding of the network structure of diverse actors in perceiving, analyzing, and influencing the political and social environment.

The Network Challenge (Chapter 12)

Author : Colin Crook
Publisher : Pearson Education
Page : 37 pages
File Size : 55,7 Mb
Release : 2009-05-19
Category : Business & Economics
ISBN : 9780137015061

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The Network Challenge (Chapter 12) by Colin Crook Pdf

Complexity theory offers valuable insights into the interactions of complex systems such as networked enterprises. Complexity theory addresses the “network effects” that result from interactions between many individual actors. This chapter examines the implications of this theory for business, and how these effects influence key management areas such as making sense, strategy, and organization. The author explores issues such as fads and crowds, using information and technology, and the use of agent-based simulations. Finally, he explores the shifts in management thinking, and business education, needed to utilize complexity theory--a shift in mental models that may be crucial to success in a networked world.

The Network Challenge (Chapter 19)

Author : Valery Yakubovich,Ryan Burg
Publisher : Pearson Education
Page : 41 pages
File Size : 44,5 Mb
Release : 2009-05-19
Category : Business & Economics
ISBN : 9780137015498

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The Network Challenge (Chapter 19) by Valery Yakubovich,Ryan Burg Pdf

Although any manager would recognize the importance of “networking” in finding, developing, and retaining employees, human resource management traditionally has focused on individuals. In this chapter, the authors point out that core HR processes such as recruitment and hiring, training and development, performance management, and retention all depend on networks. They consider the importance of weak ties in matching employees with jobs and “structural holes” in promoting creativity. They urge managers to make the shift from an atomized view to a network view of human resources--from focusing on the “trees” to understanding the “forest.” They show that networks can boost efficiency and productivity by facilitating information sharing, attracting talent, and strengthening employees’ commitment to the firm. But networks may also pose risks such as “lift-outs,” in which a departing employee takes other workers in his or her network. The authors explore how managers need to understand the impact of networks and how to “manage” them.

The Network Challenge (Chapter 17)

Author : Yoram (Jerry) R. Wind,Victor K. Fung,William K. Fung
Publisher : Pearson Education
Page : 38 pages
File Size : 41,8 Mb
Release : 2009-05-19
Category : Business & Economics
ISBN : 9780137015122

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The Network Challenge (Chapter 17) by Yoram (Jerry) R. Wind,Victor K. Fung,William K. Fung Pdf

If you accept, in the words of Thomas Friedman, that “the world is flat,” how do you need to reshape your organization, management, and thinking for this new terrain? This chapter offers strategies and insights on the capability for “network orchestration” that is essential in designing and managing networks that are centrally controlled. While most management education is focused on competition at the firm level, competition today is increasingly “network against network.” This changes the way we approach strategy, supply chains, building competencies, and managing enterprises. The authors examine the strategies used by successful networked companies in diverse industries. Effective network orchestration requires balancing control with empowerment of customers, suppliers, and entrepreneurial managers; and building value more from integration than specialization. While the traditional focus of core competencies has been at the firm level, the rise of networked organizations means that companies need to take a broader view. Success is based less on the competencies that the organization owns than those that it can connect to. This means that core competencies in network orchestration and learning may become increasingly important because these meta-competencies allow organizations to assemble and flexibly reconfigure the competencies needed to fulfill a customer-driven value chain.

The Network Challenge (Chapter 23)

Author : Paul R. Kleindorfer,Ilias D. Visvikis
Publisher : Pearson Education
Page : 39 pages
File Size : 45,5 Mb
Release : 2009-05-19
Category : Business & Economics
ISBN : 9780137015535

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The Network Challenge (Chapter 23) by Paul R. Kleindorfer,Ilias D. Visvikis Pdf

Logistics is at the center of network-based manufacturing strategies, linking manufacturing sources with intermediate and final markets. As global logistics networks have grown and developed, they also have presented new challenges in managing risk and volatility across these broad, global networks. In this chapter, Kleindorfer and Visvikis discuss changes in logistics and financial instruments such as derivatives that have emerged to value and hedge the cost of capacity and services in these markets. They trace the recent history of maritime logistics and describe the convergence and integration of the physical and financial networks that underlie the valuation and use of logistics services. Global logistics illustrates how network-based strategies have integrated financial and physical networks. It also shows the emerging tools and competencies that have been needed to manage new risks arising from these broader networks.

The Network Challenge (Chapter 6)

Author : Sonia Kleindorfer,James G. Mitchell
Publisher : Pearson Education
Page : 42 pages
File Size : 44,9 Mb
Release : 2009-05-19
Category : Business & Economics
ISBN : 9780137015351

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The Network Challenge (Chapter 6) by Sonia Kleindorfer,James G. Mitchell Pdf

Biology remains the most extensive and complex information network on the planet. This chapter examines the nature of biological networks, including their inherent stability and risks to their resilience. After a general introduction exploring networks and biological systems, this chapter reviews (1) the evolution of biological networks; (2) principles that govern biological networks; and (3) measures of stability, productivity, and efficiency in biological networks. The authors use examples from food (energy) transfer in rainforests and coral reefs, as well as the creation of a biological network through colonization in Darwin’s Finches of the Galapagos Islands. Research shows that while large biological networks are inherently unstable, some are more stable than others.

The Network Challenge (Chapter 20)

Author : Prashant Kale,Harjit Singh,John Bell
Publisher : Pearson Education
Page : 30 pages
File Size : 52,8 Mb
Release : 2009-05-19
Category : Business & Economics
ISBN : 9780137015504

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The Network Challenge (Chapter 20) by Prashant Kale,Harjit Singh,John Bell Pdf

In an environment of rapid and discontinuous change, managers have turned to alliances to access the resources they need. But research on alliances shows that more than half fail, demonstrating the difficulty of managing these relationships. Based on their extensive research on alliances, the authors explore the relational capabilities needed for building and managing successful alliances. Using the case of Royal Philips, they explore the role of strategy, structure, systems, people, and culture in alliance success. They also discuss the need for ongoing adaptation and renewal of relational capabilities as the business and its environment change.

The Network Challenge (Chapter 21)

Author : Franklin Allen,Ana Babus
Publisher : Pearson Education
Page : 38 pages
File Size : 53,5 Mb
Release : 2009-05-19
Category : Business & Economics
ISBN : 9780137015511

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The Network Challenge (Chapter 21) by Franklin Allen,Ana Babus Pdf

Modern financial systems exhibit a high degree of interdependence, with connections between financial institutions stemming from both the asset and the liability sides of their balance sheets. Networks--broadly understood as a collection of nodes and links between nodes--can be a useful representation of financial systems. By modeling economic interactions, network analysis can better explain certain economic phenomena. In this chapter, Allen and Babus argue that the use of network theories can enrich our understanding of financial systems. They explore several critical issues. First, they address the issue of systemic risk, by studying two questions: how resilient financial networks are to contagion, and how financial institutions form connections when exposed to the risk of contagion. Second, they consider how network theory can be used to explain freezes in the interbank market. Third, they examine how social networks can improve investment decisions and corporate governance, based on recent empirical results. Fourth, they examine the role of networks in distributing primary issues of securities. Finally, they consider the role of networks as a form of mutual monitoring, as in microfinance.

The Network Challenge (Chapter 3)

Author : Alan M. Kantrow
Publisher : Pearson Education
Page : 31 pages
File Size : 52,5 Mb
Release : 2009-05-19
Category : Business & Economics
ISBN : 9780137015313

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The Network Challenge (Chapter 3) by Alan M. Kantrow Pdf

Human knowledge and traditions can persist long after their relevance disappears, particularly in an environment of rapid change. Organizational routines often continue in force long after memory of their purpose has been lost. But memory is rarely lost entirely. It usually lingers, in distributed fragments, in an organization’s social networks and can, when needed, be reassembled. This chapter examines the role of such networks in the process of memory loss and recovery.

The Network Challenge (Chapter 10)

Author : Manuel E. Sosa
Publisher : Pearson Education
Page : 43 pages
File Size : 44,9 Mb
Release : 2009-05-19
Category : Business & Economics
ISBN : 9780137015399

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The Network Challenge (Chapter 10) by Manuel E. Sosa Pdf

Complex products, such as airplanes and automobiles, are designed by networks of design teams working on different components, often across organizations. The challenge in managing these networks is to decompose the project into manageable pieces but then coordinate the entire network to produce the best overall design. In this chapter, Manuel Sosa offers insights on this challenge. He examines the design structure matrix (DSM) as a project management tool for planning complex development efforts and discusses the engineering and managerial implications of considering complex products as networks of interconnected subsystems and components. In particular, he considers the impact of modularity on interactions among subcomponents. Finally, he examines organizational communications, overlaying product interfaces with communications interfaces of development teams to understand where communication links may be missing or unnecessary. The discussion offers insights on any complex design and coordination challenge, where networks of individuals or teams work together to contribute to a larger whole.

The Network Challenge (Chapter 5)

Author : Dawn Iacobucci,James Salter
Publisher : Pearson Education
Page : 40 pages
File Size : 43,5 Mb
Release : 2009-05-19
Category : Business & Economics
ISBN : 9780137015344

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The Network Challenge (Chapter 5) by Dawn Iacobucci,James Salter Pdf

This chapter provides an overview of social networks, the basic discipline from which ideas and terminology are drawn when characterizing popular phenomena such as “social networking” Internet sites like Facebook. The authors offer the reader a flavor of the theoretical and empirical research conducted by social network scholars since the 1930s. They explore how researchers have used social networks to generate and test economic, sociological, and organizational theories. They also examine broad insights from this research, as well as management implications in areas such as advertising, brands, loyalty, authenticity, and segmentation. The overriding message is that as power shifts from firms to social networks, companies have less control over their own destinies and need to pay more attention to networks.

The Network Challenge (Chapter 7)

Author : Robert Giegengack,Yvette Bordeaux
Publisher : Pearson Education
Page : 42 pages
File Size : 48,5 Mb
Release : 2009-05-19
Category : Business & Economics
ISBN : 9780137015368

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The Network Challenge (Chapter 7) by Robert Giegengack,Yvette Bordeaux Pdf

What can we learn about networks from ants, honeybees, and other animals with evolved social structures? The impact of information and communications strategies on network dynamics did not arrive with the emergence of computers, cell phones, and the Internet. This chapter describes communication networks selected from among many that have been studied in communities of nonhuman organisms. It explores the extent to which communication linkages have controlled the development of those networks. In some of those networks, developmental histories are manifest as evolved body plans and gender roles not represented in human communities. Many of those networks are founded on efficient exchange of information via pathways of which humans are almost fully oblivious.

The Network Challenge (Chapter 13)

Author : Serguei Netessine
Publisher : Pearson Education
Page : 41 pages
File Size : 44,7 Mb
Release : 2009-05-19
Category : Business & Economics
ISBN : 9780137015078

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The Network Challenge (Chapter 13) by Serguei Netessine Pdf

As manufacturing supply chains have moved from vertically integrated factories to diffused networks, manufacturers need to manage complex, global webs of suppliers. In this chapter, Netessine examines supply networks in two industries in particular: automobiles, and aerospace and defense. He explores how different strategies and technologies have helped companies manage, organize, and capitalize on their networks of suppliers. He discusses how Japanese automakers have used partnerships to outperform their U.S. rivals, who have taken a more adversarial approach to their suppliers. He also considers how companies such as Airbus and Boeing have used technology to coordinate and integrate far-flung networks. While Netessine notes that the formal study of network-based supply chains is just emerging, he offers insights from research and practice on the growing importance of supply networks and strategies for managing them successfully.