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- All HBS Web
(3,576)
- People (5)
- News (697)
- Research (2,040)
- Events (11)
- Multimedia (9)
- Faculty Publications (1,117)
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Course History - Institute For Strategy And Competitiveness
HBS ISC Resources Resources Video Courses Data Events & Presentations Frameworks News Publications Courses Course History Course History In keeping with the mission of Harvard Business School—to educate leaders who make a difference in... View Details
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Course Overview - Institute For Strategy And Competitiveness
defining the appropriate portfolio of businesses - creating a distinctive strategy for each business, and an effective planning process Creating an effective relationship with the board - understanding the... 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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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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Cluster Studies - Institute For Strategy And Competitiveness
foundational work on cluster mapping that Prof. Michael E. Porter has led at the Institute for Strategy and Competitiveness (ISC), Harvard Business School over the last two decades. He launched the U.S.... View Details
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Environmental Quality - Institute For Strategy And Competitiveness
environmental regulation on business by declaring that well designed regulation could actually enhance competitiveness. Since then, Professor Porter and the Institute have continued to explore how new government regulations, as well as... View Details
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Redefining Capitalism - Institute For Strategy And Competitiveness
HBS ISC Creating Shared Value CSV Creating Shared Value CSV Explained Emerging Topics CSV in Practice Published CSV Cases CSV Explained CSV Explained The Three Levels of CSV Adding a Social Dimension to View Details
- 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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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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Contact Us - Institute For Strategy And Competitiveness
HBS ISC About the Institute About the Institute Contact Us Faculty & Staff Institute Associates Ludcke FAQs Contact Us Contact Us Map & Directions General Inquiries... View Details
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Making Strategic Trade-offs - Institute For Strategy And Competitiveness
HBS ISC Strategy Strategy Strategy Explained Business Strategy Creating a Successful Strategy Corporate 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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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
- June 2003 (Revised October 2003)
- Case
Institut Pasteur
The Pasteur Institut is implementing a proactive commercialization strategy under the direction of Christian Policard. Highlights the government's innovation policy and the role that the Pasteur Institut can play in shaping it. Also addresses issues relating to higher... View Details
West, Jonathan, Nicolas Mottis, and Mona Ashiya. "Institut Pasteur." Harvard Business School Case 603-069, June 2003. (Revised October 2003.)
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The 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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VBHCD Intensive Seminars - Institute For Strategy And Competitiveness
Professor Porter and the institute have developed a weeklong, intensive seminar focused on frameworks, application tools, and case studies highlighting real-life examples of organizations moving toward... 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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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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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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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