Agile manufacturing is the winning strategy to be adopted by manufacturers for dramatic performance enhancements to become national and international leaders in an increasingly competitive market of fast changing customer requirements. The methodology of this research is archive type which exploited of various foreign articles and books. A structural model includes the primary components of Jus...

In order to reap competitive advantage of innovation, a firm‟s technology activities should square with its technology strategy. But how do technology strategies relate to activities and financial performance in relevant business areas? This paper investigates this question by means of a comparison between two leading firms in the electrical engineering industry: ABB and General Electric. We sh...

An expanded paradigm is needed to explain how competitive advantage is gained and held. Firms resorting to 'resource-based strategy' attempt to accumulate valuable technology assets and employ an aggressive intellectual property stance. However, winners in the global marketplace have been firms demonstrating timely responsiveness and rapid and flexible product innovation, along with the managem...

Developing the “right” new products is critical to firm success and is often cited as a key competitive dimension. This paper addresses the link between new product development (NPD) portfolio strategy and firm performance. To do so, we first characterize resource allocation and NPD portfolio strategy in a general theoretical framework. We then proceed to use our framework to analyze a popular ...

This paper studies the problem of on-line leasing of depreciable equipment. We first discuss deterministic strategies for the problem for situations with and without interest rates, respectively. Competitive ratios are used to evaluate the performance of online algorithms. The optimal competitive ratio of the deterministic strategy is therefore obtained. As randomization can boost performance, ...

New product development (NPD) is a major driver of firm growth and sustainable competitive advantage, yet risks are intrinsic in NPD in all industries. Thus understanding, identifying, managing, and reducing risk is of strategic importance for firms. In this research, we synthesize and build on previous research, and propose a three-dimensional risk management framework for NPD. We empirically ...

As information technology becomes integral to the products and services in a growing range of industries, there has been a corresponding surge of interest in understanding how firms can effectively formulate and execute digital business strategies. This fusion of IT within the business environment gives rise to a strategic tension between investing in digital artifacts for long-term value creat...

Strategic IT business alignment deals with the capability of IT to both shape and support business strategy. It can be interpreted as an organizational learning process that combines business and IT knowledge to support business objectives and can positively affect organizational profitability by creating superior strategies that achieve a competitive advantage. These strategies have to be impl...