Operations Strategy eJournal最新文献_第7页

Challenges Specific to Freemium and Two-Sided Markets 免费模式和双边市场特有的挑战

Operations Strategy eJournal Pub Date : 2011-12-04 DOI: 10.2139/ssrn.1968307

Nicolas Pujol

引用次数: 0

Using a Dual-Sourcing Option in the Presence of Asymmetric Information about Supplier Reliability: Competition vs. Diversification 供应商可靠性信息不对称下的双源选择:竞争与多元化

Operations Strategy eJournal Pub Date : 2011-09-05 DOI: 10.2139/ssrn.1275110

Zhibin (Ben) Yang, Goker Aydin, V. Babich, D. Beil

{"title":"Using a Dual-Sourcing Option in the Presence of Asymmetric Information about Supplier Reliability: Competition vs. Diversification","authors":"Zhibin (Ben) Yang, Goker Aydin, V. Babich, D. Beil","doi":"10.2139/ssrn.1275110","DOIUrl":"https://doi.org/10.2139/ssrn.1275110","url":null,"abstract":"We study a buyer's strategic use of a dual-sourcing option when facing suppliers possessing private information about their disruption likelihood. We solve for the buyer's optimal procurement contract. We show that the optimal contract can be interpreted as the buyer choosing between diversification and competition benefits. Better information increases diversification benefits and decreases competition benefits. Therefore, with better information the buyer is more inclined to diversify. Moreover, better information may increase or decrease the value of the dual-sourcing option, depending on the buyer's unit revenue: for large revenue, the buyer uses the dual sourcing option for diversification, the benefits of which increase with information; for small revenue, the buyer uses the dual sourcing option for competition, the benefits of which decrease with information. Surprisingly, as the reliability of the entire supply base decreases, the buyer may stop diversifying under asymmetric information (to leverage competition), whereas it would never do so under symmetric information. Finally, we analyze the effect of codependence between supply disruptions. We find that lower codependence leads the buyer to rely less on competition. Because competition keeps the information costs in check, a reduction in supplier codependence increases the buyer's value of information. Therefore, strategic actions to reduce codependence between supplier disruptions should not be seen as a substitute for learning about suppliers' reliabilities.","PeriodicalId":369181,"journal":{"name":"Operations Strategy eJournal","volume":"11 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-09-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122769987","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 168

Mass Customization: A Strategy for Customer-Centric Enterprises - A Review of the Strategic Capabilities to Make Mass Customization Work 大规模定制:以客户为中心的企业战略——大规模定制战略能力述评

Operations Strategy eJournal Pub Date : 2010-12-06 DOI: 10.2139/ssrn.1720785

F. Piller

引用次数: 4

Design Outsourcing in a Differentiated Product Market: The Role of Bargaining and Scope Economies 差异化产品市场中的设计外包:议价和范围经济的作用

Operations Strategy eJournal Pub Date : 2010-09-13 DOI: 10.2139/ssrn.2986185

Q. Feng, Lauren Xiaoyuan Lu

{"title":"Design Outsourcing in a Differentiated Product Market: The Role of Bargaining and Scope Economies","authors":"Q. Feng, Lauren Xiaoyuan Lu","doi":"10.2139/ssrn.2986185","DOIUrl":"https://doi.org/10.2139/ssrn.2986185","url":null,"abstract":"In the electronics industry and beyond, original design manufacturers (ODMs) provide a full spectrum of services, ranging from design and development to manufacturing, to original equipment manufacturers (OEMs). Through resource pooling, ODMs benefit from scope economies when designing different products for multiple OEMs. Such design outsourcing practices, however, stir concerns that it may dilute product differentiation and subsequently intensify market competition. To examine the strategic impact of design outsourcing, we develop a game-theoretical model with a single ODM and two competing OEMs. The ODM has two divisions to serve the OEMs separately. The OEMs engage in a differentiated price competition over the Hotelling Line with product locations endogenously chosen by the parties who design the products. A wholesale-price contract is negotiated bilaterally between an ODM division and her OEM customer, and design outsourcing may reduce an OEM’s bargaining power. We compare two scenarios: (1)The ODM divisions establish dedicated resources and act as independent profit maximizers; (2)The ODM divisions cooperate through resource pooling and benefit from scope economies in both design and manufacturing. Our results highlight the role of bargaining in shaping the OEMs’ design sourcing decisions. In particular, whether the OEMs outsource design in equilibrium critically depends on the degree of asymmetry between their bargaining powers vis-a-vis the ODM. With similar bargaining power, the OEMs are more likely to outsource when they become stronger relative to the ODM. With significantly different bargaining power, surprisingly, the strong OEM tends to insource while the weak one tends to outsource. Scope economies may induce the ODM to decrease product differentiation between the products she designs for her OEM customers, and this tendency increases as the OEMs’ bargaining power strengthens. Ceding bargaining power, therefore, can be used by an OEM as an incentive lever to influence the ODM’s design decisions.","PeriodicalId":369181,"journal":{"name":"Operations Strategy eJournal","volume":"39 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2010-09-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121672694","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 9

Business Strategy and Firm Reorganization: Role of Changing Environmental Standards, Sustainable Business Initiatives, and Global Market Conditions 商业战略与企业重组:变化的环境标准、可持续商业计划和全球市场条件的作用

Operations Strategy eJournal Pub Date : 2009-06-07 DOI: 10.2139/ssrn.1415848

Vivek Ghosal

{"title":"Business Strategy and Firm Reorganization: Role of Changing Environmental Standards, Sustainable Business Initiatives, and Global Market Conditions","authors":"Vivek Ghosal","doi":"10.2139/ssrn.1415848","DOIUrl":"https://doi.org/10.2139/ssrn.1415848","url":null,"abstract":"My study is framed against the backdrop of increasingly stringent environmental demands on the pulp and paper industry to reduce water and air pollution, and the changing global market conditions. I first present an observation-based analysis conducted by visiting selected paper mills in Finland, the US, Germany and Sweden. Interesting differences and similarities emerge. Some of the observed differences lie in their focus on achieving incremental efficiency gains from better management of production processes, inventories, supply-chain, product distribution and timing of modernization investments such as information technology. In the second part of the paper I present evidence on firms' productivity paths and the heterogeneity in productivity among relatively similar firms, and selected evidence of firms' investments in specific areas and how these affected productivity. My findings have implications for organizational behavior and business strategies employed by firms to improve their performance and productivity under changing environmental standards and market conditions. Copyright © 2013 John Wiley & Sons, Ltd and ERP Environment","PeriodicalId":369181,"journal":{"name":"Operations Strategy eJournal","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2009-06-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131007183","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 16

Effects of Business Environment on Operations Strategy: An Empirical Study of Retail Firms in China 商业环境对经营战略的影响:基于中国零售企业的实证研究

Operations Strategy eJournal Pub Date : 2009-04-22 DOI: 10.2139/ssrn.1393333

Wantao Yu, R. Ramanathan

{"title":"Effects of Business Environment on Operations Strategy: An Empirical Study of Retail Firms in China","authors":"Wantao Yu, R. Ramanathan","doi":"10.2139/ssrn.1393333","DOIUrl":"https://doi.org/10.2139/ssrn.1393333","url":null,"abstract":"The impacts of business environmental factors on operations strategy choices in a manufacturing context have been heavily researched. However, how managers of service firms in developing countries such as China develop operations strategy has yet to receive any significant attention among researchers. Drawing on the manufacturing literature, we examine, in the Chinese context, the relationships between business environmental factors (such as business cost, competitive hostility, labour availability, and environmental dynamism) and operations strategy choices (such as low cost, quality, flexibility and delivery performance). Employing a path analytic framework, we have identified strong linkages between business environment (viz. business cost, competitive hostility and environmental dynamism) and operations strategy choices. We have found that environmental dynamism (such as changes in retail technology and innovations in new service development) had the strongest influence on the degree of emphasis placed on operations strategy choices. However, environmental concerns about labour availability do not appear to have any direct effect on the operations strategy selections among retail firms in China.","PeriodicalId":369181,"journal":{"name":"Operations Strategy eJournal","volume":"9 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2009-04-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125453378","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 4

Exploring Performance Attribution: The Case of Quality Management Standards Adoption and Business Performance 绩效归因探讨:质量管理标准采用与企业绩效的案例

Operations Strategy eJournal Pub Date : 2009-03-03 DOI: 10.1108/17410400910950991

Gavin P. M. Dick

{"title":"Exploring Performance Attribution: The Case of Quality Management Standards Adoption and Business Performance","authors":"Gavin P. M. Dick","doi":"10.1108/17410400910950991","DOIUrl":"https://doi.org/10.1108/17410400910950991","url":null,"abstract":"– Accreditation to the ISO 9001 Quality Management Systems Standard has proven to be a persistent and growing phenomenon in services and manufacturing, yet to date little attempt has been made to explore how performance results in cross‐sectional research may be attributed to different causation mechanisms and how their influences may alter over time. This paper aims to fill this gap., – The paper defines four possible causation mechanisms before searching and analysing the empirical literature on quality management system certification to ISO 9001 and business performance for evidence of their causal influence., – From the analyses, it is found that the benefit that can safely be attributed to the treatment‐effect of ISO 9001 accreditation is lower waste; while the benefits of lower costs and better quality are less likely unless motives for adoption are developmental rather than externally driven. From an analysis of longitudinal studies a strong selection‐mechanism is found where more profitable firms have a greater propensity to adopt than less profitable firms. From the finding propositions are developed to show how the influence of these mechanisms change over time., – The existence of the selection‐mechanism has profound implications for interpreting business performance achievements because the benefits that are attributed to the treatment‐effect from adopting quality management system standards are likely to be greatly inflated by the influence of the selection‐mechanism. The author suggests that richer theory is needed that can incorporate bi‐directional influences and new research is needed to explore the underlying causes of the selection effect., – The paper is believed to be the first to systematically explore attribution of performance in the ISO 9001 literature. Its findings provide new insights into the complexities of attribution of performance in studies of new practices and systems.","PeriodicalId":369181,"journal":{"name":"Operations Strategy eJournal","volume":" 8","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2009-03-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131942794","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 28

Backdating Executive Stock Option Grants: An Agency Problem or Just Efficient Contracting? 回溯高管股票期权授予:代理问题还是仅仅是高效合同?

Operations Strategy eJournal Pub Date : 2008-08-01 DOI: 10.2139/ssrn.1030907

Hamed Mahmudi, Huasheng Gao

{"title":"Backdating Executive Stock Option Grants: An Agency Problem or Just Efficient Contracting?","authors":"Hamed Mahmudi, Huasheng Gao","doi":"10.2139/ssrn.1030907","DOIUrl":"https://doi.org/10.2139/ssrn.1030907","url":null,"abstract":"It is widely documented that managers tend to backdate their stock option grants so that a past date on which the stock price was particularly low is picked to be the grant date. Almost all of the current literature attributes the option backdating behavior exclusively to the agency problem which states that managers manipulate the terms of their option awards at the expense of shareholders. Our paper challenges this idea and demonstrates an alternative explanation for backdating. We show that backdating could be the consequence of efficient contracting that solves executive compensation problems. We first empirically document a rather strong but surprising evidence that better corporate governance is associated with more backdating. We then establish a theoretical model to explain this finding. The model predicts that managerial backdating benefits shareholders by (1) reducing the management compensation cost and (2) increasing managerial incentive. Using a large dataset, we provide strong empirical evidence supporting the model's predictions. Overall, our evidence supports the efficient contracting view of optionbackdating, and contradicts the prevalent agency explanation.","PeriodicalId":369181,"journal":{"name":"Operations Strategy eJournal","volume":"18 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2008-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124665422","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 17

Integrating Distributed Work: Comparing Task Design, Communication and Tacit Coordination Mechanisms 集成分布式工作:比较任务设计、沟通和默契协调机制

Operations Strategy eJournal Pub Date : 2008-02-01 DOI: 10.2139/ssrn.1125924

K. Srikanth, P. Puranam

引用次数: 315

The Smooth Implementation of Activity Based Cost Management (ABCM) in the Public Service Organisation (PSO) in South Africa 作业成本管理(ABCM)在南非公共服务组织(PSO)的顺利实施

Operations Strategy eJournal Pub Date : 2007-06-01 DOI: 10.2139/ssrn.2269740

Makomane Taba

引用次数: 0