Long-Term Competitiveness

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Andrea Trianni - One of the best experts on this subject based on the ideXlab platform.

  • exploring drivers for energy efficiency within small and medium sized enterprises first evidences from italian manufacturing enterprises
    Applied Energy, 2013
    Co-Authors: Enrico Cagno, Andrea Trianni
    Abstract:

    Several studies have investigated the barriers to industrial energy efficiency, but few have focused on the most effective means (drivers) to promote the adoption of energy-efficient technologies and practices. In this respect, Small and Medium-sized Enterprises (SMEs) have been completely overlooked despite interesting consequences for their overall energy consumption and their concurrent low levels of adoption of energy-efficiency measures. Starting from insights garnered from the extant literature on the drivers of industrial energy efficiency, this paper presents an empirical investigation of 71 Italian manufacturing SMEs through a multiple case-study approach. The research highlights the importance of allowances or public financing for energy efficiency interventions, as well as the importance of external pressures such as increases in energy prices and the introduction or increasing of fees on both resources consumed and on emissions of pollutants. Moreover, enterprises look favourably upon energy-efficient technologies which are able to provide Long-Term benefits, evidence of their willingness to adopt seemingly radical solutions when these are able to improve their Long-Term Competitiveness. Other drivers considered as strategic for increasing energy efficiency are the presence within the company of people with great ambition and entrepreneurial mind and the management sensitivity to the issue. This paper also provides a preliminary analysis of how factors such as firm size, sector, supply chain complexity, and innovation characteristics are or might be able to significantly affect drivers toward the adoption of energy-efficient technologies.

Thomas C Lawton - One of the best experts on this subject based on the ideXlab platform.

  • the limits of price leadership needs based positioning strategy and the long term Competitiveness of europe s low fare airlines
    Long Range Planning, 1999
    Co-Authors: Thomas C Lawton
    Abstract:

    Abstract This article argues that a strategy of low operating costs and cheap prices is not sufficient in and of itself to establish long term competitive advantage for a growing company. Companies also need to leverage their distinctive corporate capabilities and unique experiences. In the case of service sector companies such as airlines, capabilities derive from the relationship which exists between the company, its employees, and its customers, as well as the reputation which is gradually established on the basis of reliability and quality of service. Unique experiences arise from the corporate culture and route network which an airline builds over time.

Enrico Cagno - One of the best experts on this subject based on the ideXlab platform.

  • exploring drivers for energy efficiency within small and medium sized enterprises first evidences from italian manufacturing enterprises
    Applied Energy, 2013
    Co-Authors: Enrico Cagno, Andrea Trianni
    Abstract:

    Several studies have investigated the barriers to industrial energy efficiency, but few have focused on the most effective means (drivers) to promote the adoption of energy-efficient technologies and practices. In this respect, Small and Medium-sized Enterprises (SMEs) have been completely overlooked despite interesting consequences for their overall energy consumption and their concurrent low levels of adoption of energy-efficiency measures. Starting from insights garnered from the extant literature on the drivers of industrial energy efficiency, this paper presents an empirical investigation of 71 Italian manufacturing SMEs through a multiple case-study approach. The research highlights the importance of allowances or public financing for energy efficiency interventions, as well as the importance of external pressures such as increases in energy prices and the introduction or increasing of fees on both resources consumed and on emissions of pollutants. Moreover, enterprises look favourably upon energy-efficient technologies which are able to provide Long-Term benefits, evidence of their willingness to adopt seemingly radical solutions when these are able to improve their Long-Term Competitiveness. Other drivers considered as strategic for increasing energy efficiency are the presence within the company of people with great ambition and entrepreneurial mind and the management sensitivity to the issue. This paper also provides a preliminary analysis of how factors such as firm size, sector, supply chain complexity, and innovation characteristics are or might be able to significantly affect drivers toward the adoption of energy-efficient technologies.

Javier Gimeno - One of the best experts on this subject based on the ideXlab platform.

  • earnings pressure and long term corporate governance can long term oriented investors and managers reduce the quarterly earnings obsession
    Organization Science, 2016
    Co-Authors: Yu Zhang, Javier Gimeno
    Abstract:

    Recent research has shown that managers in publicly traded companies facing earnings pressure—the pressure to meet or beat securities analysts’ earnings forecasts—may make business decisions to improve short-term earnings. Analysts’ forward-looking performance forecasts can serve as powerful motivation for managers, but may also encourage them to undertake short-term actions detrimental to future Competitiveness and performance. To identify whether managerial reactions to earnings pressure suggest evidence of intertemporal trade-offs, we explored how companies respond to earnings pressure under different conditions of corporate governance that shape the temporal orientations of managers. Using data on competitive decisions made by U.S. airlines under quarterly earnings pressure, we examined the effect of earnings pressure on competitive behavior under different ownership structures (ownership by Long-Term dedicated investors versus transient investors) and CEO incentives (unvested incentives that are restricted or unexercisable in the short term, versus vested incentives). The results suggest that companies with more Long-Term-oriented investors and Long-Term-aligned CEOs with unvested incentives are less likely to soften competitive behavior in response to earnings pressure, relative to companies with transient investors and CEOs with vested, immediately exercisable stock-based incentives. Using a difference-in-differences (DiD) specification for stronger identification, we also found that firms respond to their rivals’ earnings pressure shocks by increasing capacity and prices, particularly when those rivals do not have Long-Term-oriented investors and CEO incentives. The evidence is more aligned with the view that the pursuit of short-term earnings as a result of earnings pressure may be detrimental to Long-Term Competitiveness.

Ana Maria Diazmartin - One of the best experts on this subject based on the ideXlab platform.

  • the brand management system and service firm Competitiveness
    Journal of Business Research, 2013
    Co-Authors: Maria Leticia Santosvijande, Ana Belen Del Riolanza, Leticia Suarezalvarez, Ana Maria Diazmartin
    Abstract:

    article i nfo Despite the growing body of literature acknowledging that strong brands are crucial for firms' Long-Term Competitiveness, little research examines how firms should manage their brands internally to maximize their value and the firm's commercial performance. On the basis of the brand management system (BMS) that Kim and Lee (2007) and Lee, Park, Baek, and Lee (2008) describe, the current research extends these authors' work and develops a multidimensional BMS scale comprising three dimensions: brand orientation, internal branding, and strategic brand management. The BMS represents the basic internal management infrastructure necessary to sustain brand-building activities and brand equity creation. The study also con- ceptualizes the BMS as a dynamic capability that constitutes a potential route to acquiring a sustainable com- petitive advantage. The data from a sample of 151 knowledge-intensive business services firms show that the BMS effectively helps firms to perform better than their competitors and that market orientation and innova- tiveness are key antecedents for the development of the system. These results contribute to the scarce liter- ature on managing brands in business services.