Universal Enterprise: Famous People Talk About Enterprise Capability

Author: [Dan] Fos et al. (compiled by Li Donghong)
Publisher:
Publish Date: 2003-08-01
Features: Today, successful competition is no longer seen as the result of fleeting product development or strategic management, but as a deep-seated asset of the enterprise—a form of intellectual capital in the form of corporate capabilities that can promote the production of new products that mass consumers can hardly imagine. In recent years, the term "returning to core business" has permeated the entire field of corporate strategic management. The long-term competitive advantage of enterprises is seen as the result and manifestation of the ability of a "single" enterprise to carry out production and operational activities and solve various problems more effectively than competitors. The prevailing corporate analysis methods particularly emphasize that intangible, invisible "knowledge and capabilities" play a crucial role in corporate growth. This book delves into and develops this important theory that foresees the prospects of corporate growth. The corporate capabilities theory characterized by the "core capabilities" of the enterprise is a new achievement in the integration of management and economics. In this integration process, economics provides a rich theoretical foundation, while strategic management research further emphasizes the development of a more practical theory that reveals the essence of the enterprise. The perfect combination of the two offers a brand-new corporate analysis theory. Of course, the success of corporate capabilities theory does not stop there; it also fully demonstrates unique insights in explaining important development trends in business enterprises across countries, including Japan and other Asian nations, the rise and fall of the global wave of corporate mergers and acquisitions, and the operational strategies of numerous successful enterprises.