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- All HBS Web
(3,560)
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- News (677)
- Research (2,000)
- Events (10)
- Multimedia (9)
- Faculty Publications (1,081)
- September 2009
- Article
Labor Market Institutions and Global Strategic Adaptation: Evidence from Lincoln Electric
By: Jordan I. Siegel and Barbara Zepp Larson
Although one of the central questions in the global strategy field is how multinational firms successfully navigate multiple and often conflicting institutional environments, we know relatively little about the effect of conflicting labor market institutions on... View Details
Keywords: Institutions; Labor Market; Complementarity; Global Strategy; Multinational Firms and Management; Governing Rules, Regulations, and Reforms; Labor Unions; Laws and Statutes; Operations; Organizational Change and Adaptation; Manufacturing Industry
Siegel, Jordan I., and Barbara Zepp Larson. "Labor Market Institutions and Global Strategic Adaptation: Evidence from Lincoln Electric." Management Science 55, no. 9 (September 2009): 1527–1546. (Although one of the central questions in the global strategy field is how multinational firms successfully navigate multiple and often conflicting institutional environments, we know relatively little about the effect of conflicting labor market institutions on multinational firms' strategic choice and operating performance. With its decision to invest in manufacturing operations in nearly every one of the world's largest welding
markets, Lincoln Electric offers us a quasi-experiment. We leverage a unique data set covering 1996–2006 that combines data on each host country's labor market institutions with data on each subsidiary's strategic choices and historical operating performance. We find that Lincoln Electric performed significantly better in countries with labor laws and regulations supporting manufacturers' interests and in countries that allowed the free
use of both piecework and a discretionary bonus. Furthermore, we find that in countries with labor market institutions unfriendly to manufacturers, Lincoln Electric was still able to overcome most (although not all) of the institutional distance by what we term flexible intermediate adaptation.)
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The Five Forces - Institute For Strategy And Competitiveness
HBS ISC Strategy Strategy Strategy Explained Business Strategy Creating a Successful Strategy Corporate View Details
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About Michael Porter - Institute For Strategy And Competitiveness
management and competitiveness . The author of 19 books and over 130 articles, he is the Bishop William Lawrence University Professor at Harvard Business School and the director of the school’s View Details
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Unique Value Proposition - Institute For Strategy And Competitiveness
HBS ISC Strategy Strategy Strategy Explained Business Strategy Creating a Successful Strategy Corporate View Details
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Course Overview - Institute For Strategy And Competitiveness
level. The strategies of firms, the vitality of clusters, and quality of the business environment in which competition takes place are what... View Details
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Distinctive Value Chain - Institute For Strategy And Competitiveness
HBS ISC Strategy Strategy Strategy Explained Business Strategy Creating a Successful Strategy Corporate View Details
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MOC Network - Institute For Strategy And Competitiveness
distinctive course platform developed at Harvard Business School by Professor Michael Porter and a team of colleagues at the Institute for Strategy and Competitiveness. The... View Details
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VBHCD Initiative - Institute For Strategy And Competitiveness
HBS ISC About Michael Porter About Michael Porter A Letter from Michael Porter Biography The Essential Porter Honors & Awards Affiliated Organizations & Institutions VBHCD Initiative Affiliated Organizations & View Details
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Social Progress Imperative - Institute For Strategy And Competitiveness
Delivery Project The Institute for Cancer Care Innovation MOC Network ICIC U.S. Cluster Mapping Project U.S. Competitiveness Project FSG Shared Value Initiative Social Progress Imperative AllWorld Network Social Progress Imperative Social... View Details
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News Coverage - Institute For Strategy And Competitiveness
HBS ISC About Michael Porter About Michael Porter A Letter from Michael Porter Biography The Essential Porter Honors & Awards Affiliated Organizations & Institutions VBHCD Initiative Affiliated Organizations & View Details
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Key Stakeholders - Institute For Strategy And Competitiveness
Employers Suppliers Policymakers Key Stakeholders We advocate that the goal of any health care system should be to increase the value it delivers to patients. This is the underlying thesis of Redefining... View Details
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Career Timeline - Institute For Strategy And Competitiveness
HBS ISC About Michael Porter About Michael Porter A Letter from Michael Porter Biography The Essential Porter Honors & Awards Affiliated Organizations & Institutions VBHCD Initiative Biography Biography Career Timeline Career Timeline... View Details
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Teaching Cases - Institute For Strategy And Competitiveness
the three procedures at the two different sites using the hospital's existing cost system and a proposed new system based on time-driven activity-based costing. Hoag Orthopedic Institute Harvard Business School Case 115-023 Robert S.... View Details
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Competitiveness & Economic Development - Institute For Strategy And Competitiveness
states, regions and nations. Clear economic strategies that engage all stakeholders, boost innovation and ultimately improve productivity are especially critical in times of... View Details
- December 2017
- Case
International Institute of Tropical Agriculture
By: Jose B. Alvarez and Sarah Mehta
It is July 2017, and Dr. Nteranya Sanginga, the director general of the Nigeria-based International Institute of Tropical Agriculture (IITA), is making progress toward two of his primary strategic objectives for the nonprofit research Institute: 1) to scale the impact... View Details
Keywords: Scaling Technologies; Youth Unemployment; Innovation In Nonprofits; Agribusiness; Plant-Based Agribusiness; Cash Flow; Labor; Employment; Commercialization; Problems and Challenges; Agriculture and Agribusiness Industry; Africa; Nigeria
Alvarez, Jose B., and Sarah Mehta. "International Institute of Tropical Agriculture." Harvard Business School Case 518-034, December 2017.
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Faculty & Staff - Institute For Strategy And Competitiveness
HBS ISC About the Institute About the Institute Contact Us Faculty & Staff Institute Associates Ludcke FAQs Faculty & Staff Faculty & Staff View Details
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The Diamond Model - Institute For Strategy And Competitiveness
Strategy The Diamond Model The Diamond Model Every business operates within a playing field—the environment where it is born and where it learns to compete. The diamond is a model for identifying multiple dimensions View Details
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Health Care Courses - Institute For Strategy And Competitiveness
Intensive Seminar is a non-credit, graduate-level program held at Harvard Business School using in-depth case studies of health care organizations who are leaders in value-based health care. Massachusetts General Brigham: VBHCD for... View Details
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Health Care Curriculum - Institute For Strategy And Competitiveness
efforts to reorganize health care delivery and engage in meaningful policy reform. The multiplier effects of the curriculum are already evident in our experiences over the past five years. Curriculum on... View Details
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Porter Prize Japan - Institute For Strategy And Competitiveness
strategies based on innovations in products, processes, and ways of managing. History of the prize in Japan Michael Porter's relationship with Hitotsubashi University dates... View Details