BEISPIEL
Nils Laacks:The Role of Networks in the Internationalization of Management Consulting Firms: A critical View on traditional Theory
- neues Buch 2010, ISBN: 9783836640961
Inhaltsangabe:Introduction: The French economist Jean Fourastié had already predicted the expansion of the service sector in his early work in 1949. Accordingly, the economies of the deve… Mehr…
Inhaltsangabe:Introduction: The French economist Jean Fourastié had already predicted the expansion of the service sector in his early work in 1949. Accordingly, the economies of the developed countries were prognosticated a division into the three major branches agriculture, manufacturing and services with an increasing domination of the latter over time. In fact, the actual growth of the tertiary sector even surpassed Fourastié¿s expectations. ¿Knowledge-intensive business services constituted the fastest growing sector in Western economies at the end of the twentieth century¿. Within this group of knowledge-intensive business services management consulting represents one of the fastest growing business models. Before the first economic slowdown in the consulting industry started in 2000, the global market for advisory services had grown at rates between 10 and 15 percent. In Europe, the turnover of the consulting sector rose about twenty-seven percent annually during the second half of the nineties. Growth today represents one of the key success factors in the consulting business and firms have to reach certain growth rates in order to stay competitive. There are mainly two different strategies for enterprises to achieve the goal of prosperous growth. Firms can either follow the strategy of diversification or internationalization. An increasing number of consulting firms decides to expand business activities into international markets in order to stay competitive and take advantage of new possibilities associated with globalization. Empirical studies have shown that the propensity of firms to internationalize not only accounts for large multinational corporations but also for small and medium-sized firms. Therefore, scientists and economists have put attention to the internationalization efforts of management consulting firms. Nevertheless, scientific literature about the internationalization of these business models is still scarce. Most of the existing theories are based on empirical findings that refer specifically to material goods and are thus often criticized for not adequately reflecting the unique characteristics of services. Numerous internationalization theories have been developed during the last forty years. While common theories focus on aspects such as transaction costs or knowledge about a particular market, approaches that are more recent underline the central role of relationships and international networks. In my study, I will challenge systematically the traditional approaches of internationalization and examine if a more complex view has to be favored. This relates specifically to the role networks play these days in the internationalization process of management consulting firms and the way this is being reflected in different theoretical frameworks. In the first part, I will give some general definitions of key terms that represent the basis of my analysis. The following section cites some of the particularities of the industry as evidence for the high environmental uncertainty on the management consulting market. Subsequently, the main internationalization theories are introduced and critically reviewed in reference to their transferability to the service sector and the respective consideration of networks. Do the prevailing internationalization approaches still reflect the altered conditions of today¿s economy, particularly those in the service sector? Which theoretical framework does recognize the specific characteristics of management consulting services in the most appropriate way? Afterwards, different motives for the internationalization of management consulting firms are reviewed before I will conclude the main part with different market entry strategies. Finally, I will reiterate the main points and assess the implications for future theory and research. Inhaltsverzeichnis:Table of Contents: List of figures and tablesvii Abbreviationsviii 1.Introduction4 2.Definitions5 2.1Services6 2.2Management Consulting8 2.3Networks8 3.The Management Consulting Market9 3.1Key Data10 3.2Knowledge12 3.3The Role of Trust and Reputation13 3.3.1Institutional Problems17 3.3.2Transactional Problems17 4.Internationalization Theories18 4.1The Uppsala Model19 4.2Transaction Cost Inhaltsangabe:Introduction: The French economist Jean Fourastié had already predicted the expansion of the service sector in his early work in 1949. Accordingly, the economies of the developed countries were prognosticated a division into the three major branches agriculture, manufacturing and services with an increasing domination of the ... eBook PDF 13.01.2010 eBooks>Fremdsprachige eBooks>Englische eBooks>Ratgeber & Freizeit>Business & Karriere, Bedey Media GmbH, .201<
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Nils Laacks:The Role of Networks in the Internationalization of Management Consulting Firms: A critical View on traditional Theory
- neues Buch 2000, ISBN: 9783836640961
Inhaltsangabe:Introduction: The French economist Jean Fourastié had already predicted the expansion of the service sector in his early work in 1949. Accordingly, the economies of the deve… Mehr…
Inhaltsangabe:Introduction: The French economist Jean Fourastié had already predicted the expansion of the service sector in his early work in 1949. Accordingly, the economies of the developed countries were prognosticated a division into the three major branches agriculture, manufacturing and services with an increasing domination of the latter over time. In fact, the actual growth of the tertiary sector even surpassed Fourastié¿s expectations. ¿Knowledge-intensive business services constituted the fastest growing sector in Western economies at the end of the twentieth century¿. Within this group of knowledge-intensive business services management consulting represents one of the fastest growing business models. Before the first economic slowdown in the consulting industry started in 2000, the global market for advisory services had grown at rates between 10 and 15 percent. In Europe, the turnover of the consulting sector rose about twenty-seven percent annually during the second half of the nineties. Growth today represents one of the key success factors in the consulting business and firms have to reach certain growth rates in order to stay competitive. There are mainly two different strategies for enterprises to achieve the goal of prosperous growth. Firms can either follow the strategy of diversification or internationalization. An increasing number of consulting firms decides to expand business activities into international markets in order to stay competitive and take advantage of new possibilities associated with globalization. Empirical studies have shown that the propensity of firms to internationalize not only accounts for large multinational corporations but also for small and medium-sized firms. Therefore, scientists and economists have put attention to the internationalization efforts of management consulting firms. Nevertheless, scientific literature about the internationalization of these business models is still scarce. Most of the existing theories are based on empirical findings that refer specifically to material goods and are thus often criticized for not adequately reflecting the unique characteristics of services. Numerous internationalization theories have been developed during the last forty years. While common theories focus on aspects such as transaction costs or knowledge about a particular market, approaches that are more recent underline the central role of relationships and international networks. In my study, I [...] eBooks > Fremdsprachige eBooks > Englische eBooks > Ratgeber & Freizeit > Business & Karriere; eBooks > Fachbücher > Wirtschaft; eBooks > Fremdsprachige eBooks > Englische eBooks > Sach- & Fachthemen > Wirtschaft; eBooks > Fachbücher > Sozialwissenschaft , Diplomica Verlag, PDF, Diplomica Verlag<
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Nils Laacks:The Role of Networks in the Internationalization of Management Consulting Firms: A critical View on traditional Theory
- neues Buch 2010, ISBN: 9783836640961
Inhaltsangabe:Introduction: The French economist Jean Fourastié had already predicted the expansion of the service sector in his early work in 1949. Accordingly, the economies of the dev… Mehr…
Inhaltsangabe:Introduction: The French economist Jean Fourastié had already predicted the expansion of the service sector in his early work in 1949. Accordingly, the economies of the developed countries were prognosticated a division into the three major branches agriculture, manufacturing and services with an increasing domination of the latter over time. In fact, the actual growth of the tertiary sector even surpassed Fourastié¿s expectations. ¿Knowledge-intensive business services constituted the fastest growing sector in Western economies at the end of the twentieth century¿. Within this group of knowledge-intensive business services management consulting represents one of the fastest growing business models. Before the first economic slowdown in the consulting industry started in 2000, the global market for advisory services had grown at rates between 10 and 15 percent. In Europe, the turnover of the consulting sector rose about twenty-seven percent annually during the second half of the nineties. Growth today represents one of the key success factors in the consulting business and firms have to reach certain growth rates in order to stay competitive. There are mainly two different strategies for enterprises to achieve the goal of prosperous growth. Firms can either follow the strategy of diversification or internationalization. An increasing number of consulting firms decides to expand business activities into international markets in order to stay competitive and take advantage of new possibilities associated with globalization. Empirical studies have shown that the propensity of firms to internationalize not only accounts for large multinational corporations but also for small and medium-sized firms. Therefore, scientists and economists have put attention to the internationalization efforts of management consulting firms. Nevertheless, scientific literature about the internationalization of these business models is still scarce. Most of the existing theories are based on empirical findings that refer specifically to material goods and are thus often criticized for not adequately reflecting the unique characteristics of services. Numerous internationalization theories have been developed during the last forty years. While common theories focus on aspects such as transaction costs or knowledge about a particular market, approaches that are more recent underline the central role of relationships and international networks. In my study, I [...] eBook Nils Laacks PDF, Diplomica Verlag, 13.01.2010, Diplomica Verlag, 2010<
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Nils Laacks:The Role of Networks in the Internationalization of Management Consulting Firms: A critical View on traditional Theory
- neues Buch 2010, ISBN: 9783836640961
Inhaltsangabe:Introduction: The French economist Jean Fourastié had already predicted the expansion of the service sector in his early work in 1949. Accordingly, the economies of the dev… Mehr…
Inhaltsangabe:Introduction: The French economist Jean Fourastié had already predicted the expansion of the service sector in his early work in 1949. Accordingly, the economies of the developed countries were prognosticated a division into the three major branches agriculture, manufacturing and services with an increasing domination of the latter over time. In fact, the actual growth of the tertiary sector even surpassed Fourastié¿s expectations. ¿Knowledge-intensive business services constituted the fastest growing sector in Western economies at the end of the twentieth century¿. Within this group of knowledge-intensive business services management consulting represents one of the fastest growing business models. Before the first economic slowdown in the consulting industry started in 2000, the global market for advisory services had grown at rates between 10 and 15 percent. In Europe, the turnover of the consulting sector rose about twenty-seven percent annually during the second half of the nineties. Growth today represents one of the key success factors in the consulting business and firms have to reach certain growth rates in order to stay competitive. There are mainly two different strategies for enterprises to achieve the goal of prosperous growth. Firms can either follow the strategy of diversification or internationalization. An increasing number of consulting firms decides to expand business activities into international markets in order to stay competitive and take advantage of new possibilities associated with globalization. Empirical studies have shown that the propensity of firms to internationalize not only accounts for large multinational corporations but also for small and medium-sized firms. Therefore, scientists and economists have put attention to the internationalization efforts of management consulting firms. Nevertheless, scientific literature about the internationalization of these business models is still scarce. Most of the existing theories are based on empirical findings that refer specifically to material goods and are thus often criticized for not adequately reflecting the unique characteristics of services. Numerous internationalization theories have been developed during the last forty years. While common theories focus on aspects such as transaction costs or knowledge about a particular market, approaches that are more recent underline the central role of relationships and international networks. In my study, I [...] eBook Nils Laacks 13.01.2010, Diplomica Verlag, Diplomica Verlag<
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BEISPIEL
Nils Laacks:The Role of Networks in the Internationalization of Management Consulting Firms: A critical View on traditional Theory
- Erstausgabe 2010, ISBN: 9783836640961
eBooks, eBook Download (PDF), Auflage, [PU: diplom.de], [ED: 1], diplom.de, 2010
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