Managerial Implications of Flagship Relationships
Managerial Implications of Flagship Relationships
Subsequent to the incorporation and analysis of consequences of the five partners framework in North American telecommunications, chemicals, automobiles, and electronics, attention is now shifted to the extension of these implications in other sectors and in other countries, specifically in Europe. In future researches, the expansion of the flagship paradigm into the inclusion of ‘tiered’ flagship linkages is proposed in order to come up with alternative structural management control strategies and levels. From all these, strategic management insinuations of the dominant model of global competitiveness should be examined from the perspective of, and for the benefit of, the business leaders. Such effects focus on the issues of strategic goal setting, balance between innovation and imitation, leadership, management constraints, quality expectations, business policies, and maintenance of relationships.
Keywords: five partners model, North America, Europe, business managers, flagship firm
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