The Network Challenge (Chapter 15)
The Network Challenge (Chapter 15)

Author: Christoph Zott

Publisher: Pearson Education

Published: 2009-05-19

Total Pages: 41

ISBN-13: 0137015100

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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 5)
The Network Challenge (Chapter 5)

Author: Dawn Iacobucci

Publisher: Pearson Education

Published: 2009-05-19

Total Pages: 41

ISBN-13: 0137015348

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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
The Network Challenge

Author: Paul R. Kleindorfer

Publisher: Prentice Hall Professional

Published: 2009-06-11

Total Pages: 589

ISBN-13: 0137029322

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New Paperback Edition Networks and the Enterprise: Breakthrough Thinking and Actionable Strategies “This book presents an amazing collection of insights on underlying forces and ways to thrive in our post-Coaseian age—an age in which the centralized firm is changing into an agile and resilient network of participants. A must read for a world where unpredictability reigns supreme.” —John Seely Brown, Independent Co-Chair of the Deloitte Center for Edge Innovation, and Senior Fellow at the Annenberg Center for Communication at the University of Southern California “I couldn’t wait to get my hands on this research...I have already begun to put the ideas into practice in designing next-generation open innovation networks...the diversity of ideas and perspectives is truly amazing and will be a terrific resource to anyone seeking to move to new business models based on the power of networks for innovation, marketing, and creating and leveraging big ideas. Job well done!” —Larry Huston, Creator of the “Connect and Develop” program for Procter & Gamble, and Managing Director of 4iNNO, a major Open Innovation consulting practice “In our borderless world, every manager needs to understand the strategic implications of networks. For the first time, The Network Challenge brings together thought leaders from many fields—a team of experts as broad as the network challenge itself.” —Kenichi Ohmae, author of more than 100 books, including the seminal work, The Mind of the Strategist, advisor on global strategy to foreign governments and scores of multinational corporations, selected by The Economist as one of five management gurus in the world. Networks define modern business. Networks introduce new risks (as seen by the rapid spread of contagion in global financial markets) and opportunities (as seen in the rapid rise of network-based businesses). While managers typically view business through the lens of a single firm, this book challenges readers to take a broader view of their enterprises and opportunities. This book’s 28 original essays include CK Prahalad on networks as the new locus of competitive advantage Russell E. Palmer on leadership in a networked global environment Dawn Iacobucci and James M. Salter II on the business implications of social networking Franklin Allen and Ana Babus on contagion in financial markets Steven O. Kimbrough on artificial intelligence, evolutionary computation, and networks Satish Nambisan and Mohan Sawhney on tapping the “global brain” for innovation Manuel E. Sosa on coordination networks in product development Christophe Van den Bulte and Stefan Wuyts on customer networks Christoph Zott and Raphael Amit on using business models to drive network-based strategies Yoram (Jerry) Wind, Victor Fung, and William Fung on network orchestration Valery Yakubovich and Ryan Burg on network-based HR strategy Howard Kunreuther on risk management strategies for an interdependent world Paul R. Kleindorfer and Ilias D. Visvikis on integrating financial and physical networks in global logistics Witold J. Henisz on network-based political and social risk management Boaz Ganor on terrorism networks And much more...

The Network Challenge (Chapter 27)
The Network Challenge (Chapter 27)

Author: J. Shin Teh

Publisher: Pearson Education

Published: 2009-05-19

Total Pages: 53

ISBN-13: 0137015585

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Infectious diseases are complex, interdependent events that can be described as networks over enormous scales of time and distance from the molecular to the societal, from the local microenvironment to the global stage. In this chapter, Teh and Rubin argue that meeting this challenge effectively requires a solution that engages networks. This network-based perspective must inform not only the development and distribution of drugs and vaccines for infectious diseases, but also the development of strategies of primary prevention that use the knowledge of such networks to disrupt and limit disease spread. In this review, they analyze infectious diseases in the context of the networks underlying the evolution, establishment, and propagation of disease. They also review the network-based analyses for modeling disease spread and allowing a better understanding of the counter-interventions needed. Finally, they outline the future challenges in this area and propose a collaborative international solution based on a “global compact” that will allow effective diagnosis, prevention, and treatment of infectious diseases.

The Network Challenge (Chapter 14)
The Network Challenge (Chapter 14)

Author: Christophe Van den Bulte

Publisher: Pearson Education

Published: 2009-05-19

Total Pages: 38

ISBN-13: 0137015097

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Social networks and word-of-mouth marketing are increasingly important, yet few current practices are based on a deep understanding of how the structure of networks can affect customer behavior and marketing outcomes. This chapter offers some critical observations on current word-of-mouth marketing practices and identifies four key questions that managers need to ask themselves before engaging in campaigns designed to leverage customer networks: Can we be confident that interpersonal influence or social contagion is really important? Why exactly would social contagion occur? Should we target key influentials? Can we identify and target those influentials? The answers to these questions cannot be taken for granted.

The Network Challenge (Chapter 25)
The Network Challenge (Chapter 25)

Author: Witold J. Henisz

Publisher: Pearson Education

Published: 2009-05-19

Total Pages: 29

ISBN-13: 0137015550

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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 20)
The Network Challenge (Chapter 20)

Author: Prashant Kale

Publisher: Pearson Education

Published: 2009-05-19

Total Pages: 32

ISBN-13: 013701550X

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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 19)
The Network Challenge (Chapter 19)

Author: Valery Yakubovich

Publisher: Pearson Education

Published: 2009-05-19

Total Pages: 43

ISBN-13: 0137015496

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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.

AI-Aided IoT Technologies and Applications for Smart Business and Production
AI-Aided IoT Technologies and Applications for Smart Business and Production

Author: Alex Khang

Publisher: CRC Press

Published: 2023-12-01

Total Pages: 352

ISBN-13: 1003821499

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This book covers the need for Internet of Things (IoT) technologies and artificial intelligence (AI)–aided IoT solutions for business and production. It shows how IoT-based technology uses algorithms and AI models to bring out the desired results. AI-Aided IoT Technologies and Applications for Smart Business and Production shows how a variety of IoT technologies can be used toward integrating data fabric solutions and how intelligent applications can be used to greater effect in business and production operations. The book also covers the integration of IoT data-driven financial technology (fintech) applications to fulfill the goals of trusted AI-aided IoT solutions. Next, the authors show how IoT-based technology uses algorithms and AI models to bring out the desired results across various industries including smart cities, buildings, hospitals, hotels, homes, factories, agriculture, transportation, and more. The last part focuses on AI-aided IoT techniques, data analytics, and visualization tools. This book targets a mixed audience of specialists, analysts, engineers, scholars, researchers, academics, and professionals. It will be useful to engineering officers, IoT and AI engineers, engineering and industrial management students, and research scholars looking for new ideas, methodologies, technologies, models, frameworks, theories, and practices to resolve the challenging issues associated with leveraging IoT technologies, data-driven analytics, AI-aided models, IoT cybersecurity, 5G, sensors, and augmented and virtual reality techniques for developing smart systems in the era of Industrial Revolution 4.0.

Operations Management
Operations Management

Author: R. Dan Reid

Publisher: John Wiley & Sons

Published: 2015-09-28

Total Pages: 704

ISBN-13: 1118952618

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This text is an unbound, three hole punched version. In Operations Management: An Integrated Approach, Binder Ready Version, 6th Edition, Dan Reid and Nada Sanders have strengthened their commitment to improve the teaching and learning experience in the introductory operations management course. The text provides a solid foundation of Operations Management with clear, guided instruction and a balance between quantitative and qualitative concepts. Through an integrated approach, the authors illustrate how all business students will interact with Operations Management in future careers.