Advances in Applied Business Strategy, Volume 6 : Implementing Competence-based Strategies (Advances in Applied Business Strategy, V. 6b)
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    Advances in Applied Business Strategy, Volume 6 : Implementing Competence-based Strategies (Advances in Applied Business Strategy, V. 6b)
    Ron Sanchez
    Manufacturer: JAI Press
    ProductGroup: Book
    Binding: Hardcover

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    ASIN: 0762306769

    Book Description

    Hardbound.
    Competence-Based Competition
    Average customer rating: 5 out of 5 stars
    • Competitive advantage through resources
    Competence-Based Competition

    Manufacturer: Wiley
    ProductGroup: Book
    Binding: Hardcover

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    1. Competitive Advantage: Creating and Sustaining Superior Performance Competitive Advantage: Creating and Sustaining Superior Performance

    ASIN: 0471943975

    Book Description

    Published in association with the Strategic Management Society, The Wiley Strategic Management Series aims to illustrate the ‘best in global strategic management’ for academics, business practitioners and consultants. This book addresses the theme of core competence and the processes and issues involved in managing core competence. It is an interesting and effective integration of strategic perspectives that exemplify many of the most important issues facing strategic management, both now and in the future. The contributions present the premise that corporate strategy should place technology, skill and synergy ahead of cash flow and control. Contributors Maurizio Barbeschi Richard Klavens Ilse Bogaert Jeremy Klein William C. Bogner Rudy Martens Vittorio Chiesa Richard P. Rumelt Michael Crawford Bernard L. Simonin Francesco De Leo Howard Thomas Richard Hall Dennis Turner Gary Hamel André Van Cauwenbergh Aimé Heene Paul Verdin Duane A. Helleloid Peter Williamson Peter Hiscocks Beverly C. Winterscheid

    Customer Reviews:

    5 out of 5 stars Competitive advantage through resources.......1999-05-26

    Creating that edge over competitors under hypercompetitve markets conditions is imperative to survival or domination. Competitive advantage can arise from effective positioning, cost leadership, differentiation or even the time taken from product-conceptualisation to product-realisation. To achieve success in these external-oriented strategies, the organisation itself must possess the necessary resources coupled with the appropriate orientation. The views offered in the book raises several interesting points on developing and preserving those resources so as to offer the organisation that competitive edge.
    Management Competence: Resource-Based Management and Plant Performance (Contributions to Management Science)
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      Management Competence: Resource-Based Management and Plant Performance (Contributions to Management Science)
      Andreas Enders
      Manufacturer: Physica-Verlag Heidelberg
      ProductGroup: Book
      Binding: Paperback

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      ASIN: 379080262X

      Book Description

      This book contributes to the never-ending search for higher firm rents. Firms can be defined as a set of resources and skills. Traditional theory on strategic management hardly examines the unique and invaluable character of management competence as the key resource of the firm. Management competence is two-fold. It expresses the ability to manage and to reallocate resources according to changing market requirements. The resource structure of a firm does not stop at the company level, but has to include suppliers and customers as external resources. This book uses state-of-the-art methodologies to deliver empirical evidence for the value of management competence in leading to both operational excellence and financial success. Thereby, it is able to provide deeper insights into the quest on firm performance differences.

      A resource-based view of outsourcing and its implications for organizational performance in the hotel sector [An article from: Tourism Management]
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        A resource-based view of outsourcing and its implications for organizational performance in the hotel sector [An article from: Tourism Management]
        T.F. Espino-Rodriguez , and V. Padron-Robaina
        Manufacturer: Elsevier
        ProductGroup: Book
        Binding: Digital
        ASIN: B000RR4XI6

        Book Description

        This digital document is a journal article from Tourism Management, published by Elsevier in . The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.

        Description:
        Outsourcing takes on special importance in the hotel sector. This article studies, from a strategic perspective, the characteristics that hotel activities must possess for them to be outsourced. A strategic perspective also requires analysis of the influence of outsourcing on organizational performance according to the strategic value of the activities. The results suggest that, apart from traditional factors, there are others, such as activity performance, substitutability and transferability, which may determine the decision to outsource. Evidence from the study implies that outsourcing has a positive influence on organizational performance. The study concludes with implications for hotel managers while also contributing to academic literature.
        Competence-Based Competition (Strategic Management Series)
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          Competence-Based Competition (Strategic Management Series)
          Gary Hamel
          Manufacturer: Wiley, John & Sons, Incorporated
          ProductGroup: Book
          Binding: Hardcover
          ASIN: B000MV5UR0
          Competence-Based Strategic Management
          Average customer rating: 4 out of 5 stars
          • Academic research into competence-based management
          • WRONG WAY
          Competence-Based Strategic Management
          Ron Sanchez
          Manufacturer: John Wiley & Sons
          ProductGroup: Book
          Binding: Hardcover

          Strategy & CompetitionStrategy & Competition | Management & Leadership | Business & Investing | Subjects | Books
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          ASIN: 0471968803

          Book Description

          This book discusses the central concepts in competence-based strategic management and highlights important new integration of practice and theory which facilitates the use of these concepts. It outlines the fundamental concepts of using competencies for successful change management and emphasizes the use of an open system of stock and flows of assets and capabilities.

          Customer Reviews:

          4 out of 5 stars Academic research into competence-based management.......2001-07-05

          The editors are Professor Aime Heene (University of Gent, Belgium) and Associate Professor Ron Sanchez (University of Western Australia). Both are specialists in the field of competence-based management, a stream of strategic management which was started by Gary Hamel and C.K. Prahalad in the early 1990s (read their book Competing for the Future, 1994). This book is part of a series by the Strategic Management Society and consists of 5 sections with 2-to-5 chapters each. Most chapters are written by academics.

          In Section I - Competence Concepts for Strategic Management - the editors introduce the fundamental concept and current issues in the competence-based management field and provides suggestions for linking theory with practice. It provides a summary of the previous book in this series (Hamel and Heene (1994), Competence-Based Competition).

          Section II - Competence Dynamics - which is the largest part of the book with 5 chapters, explores the dynamics of competence-based management. It describes the processes for strategic renewal in large organizations, the role of customers in stimulating organizational change, the role of innovation, the organizational capacity to change, and strategies for defending existing competences.

          The two chapters in Section III - Competence Systemics - investigate approaches for managing competences in a systematic way. The first chapter presents an useful framework for analyzing competences at different levels within a firm. The second chapter introduces, through a case study at the Merlin Gerin-Groupe Schneider - a large French company, the integration of competence-building with corporate strategy.

          Section IV - Cognition in Managing Competences - explores the key processes for managing the cognitions of decision makers. The two chapters detail the expected forms of "blind spots" in managerial cognitions about competences and processes for stimulating the building of new competences.

          The final section, Section V - Holism in Managing Competences, concludes with a holistic perspective on competence. The two chapters suggest theoretical and practical approaches to achieving organizational coherence, as well as the need to develop a more reflective, philosophical visouns of the firm as an organization.

          This book is a collection of 14 impressive chapters from academics from all around the world, therefore some readers will miss the practical perspective. It is not a simple book to read, since it uses difficult business-school US-English, but chapters can be read on a stand-alone basis. I would recommend this book to second-year MBA-students and academics interested in this particular field.

          4 out of 5 stars WRONG WAY.......2001-01-26

          I am afraid I am in the wrong way doing this, because what I want is information about the subject of the book I havent read it yet. I am searching for information about stndards of competence based management. That!s whay I supouse it rates at least 4 stars. Please help me to find the information I1m looking for. I am an expert on standards, but I would like to learn about Human resources management within this model. Thanks.
          Dynamics of Competence-Based Competition
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            Dynamics of Competence-Based Competition

            Manufacturer: Elsevier Science & Technology
            ProductGroup: Book
            Binding: Hardcover

            Strategy & CompetitionStrategy & Competition | Management & Leadership | Business & Investing | Subjects | Books
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            ASIN: 0080425852
            Reinventing strategic management: New theory and practice for competence-based competition (Discussion paper series)
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              Reinventing strategic management: New theory and practice for competence-based competition (Discussion paper series)
              Ron Sanchez
              Manufacturer: Graduate School of Management, University of Western Australia
              ProductGroup: Book
              Binding: Unknown Binding

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              ASIN: B0006QXFDW

              Global Investing: The Professional's Guide to the World Capital Markets
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                Global Investing: The Professional's Guide to the World Capital Markets
                Roger Ibbotson , and Gary P. Brinson
                Manufacturer: McGraw-Hill
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                Binding: Hardcover

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                Money, Interest, and Policy: Dynamic General Equilibrium in a Non-Ricardian World
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                  Money, Interest, and Policy: Dynamic General Equilibrium in a Non-Ricardian World
                  Jean-Pascal Bénassy
                  Manufacturer: The MIT Press
                  ProductGroup: Book
                  Binding: Hardcover

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                  ASIN: 0262026139

                  Book Description

                  An important recent advancement in macroeconomics is the development of dynamic stochastic general equilibrium (DSGE) macromodels. The use of DSGE models to study monetary policy, however, has led to paradoxical and puzzling results on a number of central monetary issues including price determinacy and liquidity effects. In Money, Interest, and Policy, Jean-Pascal Bénassy argues that moving from the standard DSGE models--which he calls "Ricardian" because they have the famous "Ricardian equivalence" property--to another, "non-Ricardian" model would resolve many of these issues. A Ricardian model represents a household as a homogeneous family of infinitely lived individuals, and Bénassy demonstrates that a single modification--the assumption that new agents are born over time (which makes the model non-Ricardian)--can bridge the current gap between monetary intuitions and facts, on one hand, and rigorous modeling, on the other.

                  After comparing Ricardian and non-Ricardian models, Bénassy introduces a model that synthesizes the two approaches, incorporating both infinite lives and births of new agents. He applies this model to a number of issues in monetary policy, namely liquidity effects, interest rate rules and price determinacy, global determinacy, the Taylor principle, and the fiscal theory of the price level. Finally, using a simple overlapping generations model, he analyzes optimal monetary and fiscal policies, with a special emphasis on optimal interest rate rules.
                  MacRoeconomics: Equilibrium and Disequilibrium Analysis
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                    MacRoeconomics: Equilibrium and Disequilibrium Analysis
                    James Rolph Edwards
                    Manufacturer: Macmillan Pub Co
                    ProductGroup: Book
                    Binding: Hardcover

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                    ASIN: 0023315555
                    Arbitrage equilibrium with transaction costs.: An article from: Journal of Money, Credit & Banking
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                      Arbitrage equilibrium with transaction costs.: An article from: Journal of Money, Credit & Banking
                      Juerg Niehans
                      Manufacturer: Ohio State University Press
                      ProductGroup: Book
                      Binding: Digital

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                      ASIN: B000921256
                      Release Date: 2005-07-28

                      Book Description

                      This digital document is an article from Journal of Money, Credit & Banking, published by Ohio State University Press on May 1, 1994. The length of the article is 8894 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

                      From the supplier: The general topic of this paper is the transmission of disturbances in asset markets. The specific topic is the role of transaction costs in this transmission. Do high transaction costs shelter a market against foreign disturbances while "bottling up" domestic disturbances at home? The question is considered in the context of a small-scale general equilibrium model of asset arbitrage with quadratic transaction cost functions. The main conclusion is that the transmission of disturbances depends more on the relationships between different transaction cost rates than on their absolute level. A progressive decline of transaction costs, therefore, does not necessarily strengthen the transmission of disturbances, nor can artificial increases of transaction costs be relied upon to reduce it. (Printed by permission of the publisher.)

                      Citation Details
                      Title: Arbitrage equilibrium with transaction costs.
                      Author: Juerg Niehans
                      Publication: Journal of Money, Credit & Banking (Refereed)
                      Date: May 1, 1994
                      Publisher: Ohio State University Press
                      Volume: v26 Issue: n2 Page: p249(22)

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                      Are our FEERs justified? [An article from: Journal of International Money and Finance]
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                        Are our FEERs justified? [An article from: Journal of International Money and Finance]
                        G. Barisone , R.L. Driver , and S. Wren-Lewis
                        Manufacturer: Elsevier
                        ProductGroup: Book
                        Binding: Digital

                        ElsevierElsevier | By Publisher | e-Docs | Formats | Books
                        ASIN: B000PAU3A2

                        Book Description

                        This digital document is a journal article from Journal of International Money and Finance, published by Elsevier in 2006. The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.

                        Description:
                        The Fundamental Equilibrium Exchange Rate (FEER) method of calculating an equilibrium real exchange rate is the most widely used alternative to PPP. This paper presents the first comprehensive historical test of FEER calculations for six major economies, using estimates for the last 20 years. We focus on unit root and cointegration techniques both at the individual country level and jointly using panel based estimation. Specifically, we test whether real exchange rates cointegrate with time series for the FEER. Even at an individual country level, the results provide support for the FEER, particularly in Canada, the UK and Germany. Panel unit root tests suggest that the real exchange rate and FEER cointegrate. Overall the results suggest that the FEER approach represents an improvement over PPP in explaining medium- to long-term trends in the real exchange rates of the major industrialised countries.
                        Can exchange rate variations or trade policy alter the equilibrium current account? [An article from: Journal of International Money and Finance]
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                          Can exchange rate variations or trade policy alter the equilibrium current account? [An article from: Journal of International Money and Finance]
                          N.C. Miller
                          Manufacturer: Elsevier
                          ProductGroup: Book
                          Binding: Digital

                          ElsevierElsevier | By Publisher | e-Docs | Formats | Books
                          ASIN: B000RR1L7W

                          Book Description

                          This digital document is a journal article from Journal of International Money and Finance, published by Elsevier in 2005. The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.

                          Description:
                          Paul Krugman has pointed out that much work needs to be done before the intertemporal open economy model can replace the open economy IS/LM model as a guide to policy making. The objective here is to take a step in this direction by examining if an exogenous increase in world demand for home goods (as via trade policy) can improve the equilibrium current account within an open economy intertemporal model. In the process, the paper explores the theoretical issue as to whether a variation in the real exchange rate can alter the difference between saving and investment. The key idea is that uncovered interest parity plus some degree of mean-reversion in the real exchange rate imply that a modern version of the Laursen-Metzler-Harberger effect is operative. The result is that a policy induced increase in the trade balance will alter the real exchange rate, which, in turn, increases the difference between home saving and investment, and, thereby, improves the equilibrium current account.
                          Can money matter for interest rate policy? [An article from: Journal of Economic Dynamics and Control]
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                            Can money matter for interest rate policy? [An article from: Journal of Economic Dynamics and Control]
                            M. Bruckner , and A. Schabert
                            Manufacturer: Elsevier
                            ProductGroup: Book
                            Binding: Digital

                            ElsevierElsevier | By Publisher | e-Docs | Formats | Books
                            ASIN: B000PAUI2K

                            Book Description

                            This digital document is a journal article from Journal of Economic Dynamics and Control, published by Elsevier in 2006. The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.

                            Description:
                            In this paper it is shown that money can matter for macroeconomic stability under interest rate policy when transactions frictions are non-negligible. We develop a sticky price model with a shopping time function, which induces the marginal utility of consumption to depend on the (predetermined) stock of money held at the beginning of the period. Equilibrium stability and uniqueness are then ensured by a passive interest rate policy, whereas activeness is associated with an explosive equilibrium. By reacting to changes in beginning-of-period real balances, the central bank can restore stability. Interest rates further depend on lagged real balances even if the central bank acts in an entirely forward-looking way, as under discretionary optimization. If the model is revised such that end-of-period money provides transaction services, money can in principle be neglected for a stabilizing interest rate policy. Discretionary monetary policy is, however, likely to be associated with equilibrium indeterminacy, which can be avoided if interest rates are set contingent on beginning-of-period real balances.
                            Central bank design in general equilibrium.: An article from: Journal of Money, Credit & Banking
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                              Central bank design in general equilibrium.: An article from: Journal of Money, Credit & Banking
                              James Bullard , and Christopher J. Waller
                              Manufacturer: Ohio State University Press
                              ProductGroup: Book
                              Binding: Digital

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                              ASIN: B00096XTBC
                              Release Date: 2005-07-13

                              Book Description

                              This digital document is an article from Journal of Money, Credit & Banking, published by Ohio State University Press on February 1, 2004. The length of the article is 8826 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

                              From the author: Keywords: political economy, monetary policy, time consistency, inflation bias.

                              Citation Details
                              Title: Central bank design in general equilibrium.
                              Author: James Bullard
                              Publication: Journal of Money, Credit & Banking (Refereed)
                              Date: February 1, 2004
                              Publisher: Ohio State University Press
                              Volume: 36 Issue: 1 Page: 95(19)

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                              Central bank instruments, fiscal policy regimes, and the requirements for equilibrium determinacy [An article from: Review of Economic Dynamics]
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                                Central bank instruments, fiscal policy regimes, and the requirements for equilibrium determinacy [An article from: Review of Economic Dynamics]
                                A. Schabert
                                Manufacturer: Elsevier
                                ProductGroup: Book
                                Binding: Digital

                                ElsevierElsevier | By Publisher | e-Docs | Formats | Books
                                ASIN: B000PAUMHQ

                                Book Description

                                This digital document is a journal article from Review of Economic Dynamics, published by Elsevier in 2006. The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.

                                Description:
                                This paper examines the role of the monetary instrument choice for local equilibrium determinacy under sticky prices and different fiscal policy regimes. Corresponding to Benhabib et al.'s results for interest rate feedback rules [Benhabib, J., Schmitt-Grohe, S., Uribe, M., 2001. Monetary policy and multiple equilibria. American Economic Review 91, 167-185], the money growth rate should not rise by more than one for one with inflation when the primary surplus is raised with public debt. Under an exogenous primary surplus, money supply should be accommodating-such that real balances grow with inflation-to ensure local equilibrium determinacy. When the central bank links the supply of money to government bonds by controlling the bond-to-money ratio, an inflation stabilizing policy can be implemented for both fiscal policy regimes. Local determinacy is then ensured when the bond-to-money ratio is not extremely sensitive to inflation, or when interest payments on public debt are entirely tax financed, i.e., the budget is balanced.
                                Discretionary Inflation in a General Equilibrium Model.(Statistical Data Included): An article from: Journal of Money, Credit & Banking
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                                  Discretionary Inflation in a General Equilibrium Model.(Statistical Data Included): An article from: Journal of Money, Credit & Banking
                                  Katharine S. Neiss
                                  Manufacturer: Ohio State University Press
                                  ProductGroup: Book
                                  Binding: Digital

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                                  ASIN: B00098X62W
                                  Release Date: 2005-07-28

                                  Book Description

                                  This digital document is an article from Journal of Money, Credit & Banking, published by Ohio State University Press on August 1, 1999. The length of the article is 7644 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

                                  From the author: This paper extends the Barro and Gordon (1983) model to a general equilibrium framework in which the costs and benefits to surprise inflation reflect the preferences, technology, and market structure of the economy. The benefit of such an approach is that we can relate the underlying features of the economy to the size of the inflation bias. In particular, it can be shown that an increase in the source of the monetary authority's incentive to inflate does not necessarily result in a worsened inflation bias due to offsetting changes in the cost of inflation. Furthermore, changes in the real interest rate affect the monetary authority's incentives and hence the discretionary level of inflation. Lastly, we can show that an increase in the labor share of national income worsens the inflation bias. The model also indicates the importance of a nominal rigidity, lack of policy precommitment, and a distortion for optimal monetary policy to be characterized by a level of discretionary inflation that exceeds the Friedman (1969) rule.

                                  Citation Details
                                  Title: Discretionary Inflation in a General Equilibrium Model.(Statistical Data Included)
                                  Author: Katharine S. Neiss
                                  Publication: Journal of Money, Credit & Banking (Refereed)
                                  Date: August 1, 1999
                                  Publisher: Ohio State University Press
                                  Volume: 31 Issue: 3 Page: 357

                                  Article Type: Statistical Data Included

                                  Distributed by Thomson Gale

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