06-Operations-500

Fall 1995
Volume 37, Issue # 1

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09-Marketing-500

Returns Policies: Make Money by Making Good

  • Research Feature
  • Read Time: 24 min 

ALTHOUGH RETURNS POLICIES HAVE BEEN WIDELY USED FOR MANY YEARS, THEY CONTINUE TO BE A SOURCE OF CONTROVERSY. THE AUTHORS present a framework that explains when and how to adopt returns policies. They analyze the benefits and costs of accepting returns from distributors, and also compare returns policies to alternative ways of coordinating the distribution channel.

07-Strategy-500

The Nonmarket Strategy System

  • Research Feature
  • Read Time: 35 min 

Why do some well-formulated competitive strategies run into roadblocks or end up being stalled by government inaction? Why do some strategies produce unintended consequences inconsistent with a company’s core values? Why are strategies sometimes criticized by the public and threatened by government action? The causes of these problems are frequently

021-Leading-your-team-500

Rebuilding Behavioral Context: Turn Process Reengineering into People Rejuvenation

  • Research Feature
  • Read Time: 42 min 

Why are some companies able to remain vital, even after extensive reengineering, while others flounder and fail? The answer, according to these authors, lies in a company’s ability to rejuvenate its employees by establishing a behavioral context with four characteristics — discipline, support, trust and stretch. The authors show how companies like Intel and 3M have been able to renew themselves by creating an environment in which people are the most important resource.

016-Innovation-500

Strategic Work-Space Planning

  • Research Feature
  • Read Time: 33 min 

Space, buildings, and architecture are not the first things a company thinks about when it is “transforming work.” Yet changes to space and time are basic to evolving concepts of what work means.

03-big-data-and-analytics-500

Improve Software Quality by Reusing Knowledge and Experience

  • Research Feature
  • Read Time: 24 min 

THE APPROACHES FOR IMPROVING QUALITY IN MANUFACTURING PROCESSES DON’T WORK ESPECIALLY WELL FOR SOFTWARE DEVELOPMENT. THE AUTHORS provide a quality improvement paradigm for the software industry that builds on manufacturing models but focuses on reused learning and experience by establishing “experience factories.” Their iterative process enables an organization to acquire core competencies to support its strategic capabilities.

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03-Strategy-500

A CEO Survey of U.S. Companies’ Time Horizons and Hurdle Rates

  • Research Feature
  • Read Time: 22 min 

The competitiveness of U.S. corporations, particularly manufacturing firms, declined during the 1980s. The decade witnessed serious inroads by foreign firms into traditional domestic markets. In capital goods, for example, the import penetration ratio rose from less than 15 percent to nearly 40 percent. Some indicators of U.S.

06-Operations-500

An Empirical Study of Flexibility in Manufacturing

  • Research Feature
  • Read Time: 18 min 

Much has been written in recent years about flexible factories and flexible manufacturing systems (FMS), but the literature has been largely theoretical; managers who are interested in making their factories more flexible have little empirical research on which to base their decisions.