http://dspace.ediindia.ac.in:8181/xmlui//handle/123456789/577 2026-05-15T14:54:07Z http://dspace.ediindia.ac.in:8181/xmlui//handle/123456789/950 How to be Extraordinary Successful by Focusing Specifically on Talent-Orientation? Meloth, Heinz The paper describes not only the challenges of SME in the scenario of globalisation, but also refers to the great opportunities due to the fast growing global markets. It specifically highlights the big chance for SME to become highly competitive and thus extraordinary success full when they focus on exploring, developing and sponsoring the specific talents of their employees. A huge potential of additional energy can be made available for everybody involved with a win/win concept by increasing effectiveness and efficiency of the operations. Referring to experience in Europe and USA it is explained how a company can utilise and maximise best its talents in order to grow its human- (means also) intellectual capital with the right future oriented management and leadership concepts. With this concepts, also Indian SME can in this way get well positioned and thus becoming (also internationally) highly success full. 2007-03-21T00:00:00Z http://dspace.ediindia.ac.in:8181/xmlui//handle/123456789/639 Global Ancillarisation of Small and Medium Enterprises: The Role and Development of Ancillary Industries Mukerji, Suman K Globalisation can help to reconcile the right, basic and constitutional, of both the developed and the underdeveloped countries, for its philosophy is found on a value-system that promotes learning not merely of academia. All the players are initiated into a humanist world-view. A progressive society is nurtured not only by the emergent independent thinking people; there is also need for right thinking people. One who knows the values of interdependence, co-operation, sincerity and justice in the context of self-development. In the current phase of industrial life small and medium enterprises (SMEs) play an important role in the recovery, restructuring and improvement of an economy. SMEs in symbiosis with large firms are usually regarded as activities with high investment potential. Would it not be apt to suggest that ancillarisation is the answer for an integrated national as well as regional policy. Moreover, this hypothesis when extended might indeed determine the new economic order; smaller nation; larger nation nexus. Major corporation in the United States and Western Europe have been experimenting with "strategic alliances" in the high-tech field. It involves acquiring part ownership of a foreign company by buying a small percentage of a MLT (Mezzanine floor levels of technology) or HT foreign company. There is sharing of the equity ownership, management research and development, technology, manufacturing, marketing and indeed, the markets themselves. The critical needs of additional working capital and inexpensive manufacturing facilities have demonstrated the potential for establishing strategic alliances between SMEs at the MLT level in the USA and Asia. Transactional Corporations only indicate that alliances are crucial and will possibly determine tomorrow's economic order. 2007-03-21T00:00:00Z http://dspace.ediindia.ac.in:8181/xmlui//handle/123456789/638 Corporate Entrepreneurship: A Strategic and Structural Perspective Lakshminath, C Corporate Entrepreneurship has been recognized as a potentially viable means for promoting and sustaining organizational performance, renewal and corporate competitiveness over the past three decades. The entrepreneurial activities help companies to develop new businesses that create revenue streams. Corporate Entrepreneurship activities also enhance a company's success by promoting product and process innovations. Corporate Entrepreneurship is embodying risk taking, pro-activeness and radical product innovations. These Corporate Entrepreneurship activities can improve organizational growth and profitability and, depending on the company's competitive environment, their impact may increase over time. The empirical evidence is compelling that Corporate Entrepreneurship improves company performance by increasing the firm's pro-activeness and willingness to take risks, and by pioneering the development of new products, process and services through enriching its competitiveness. However, the creation of corporate activity is difficult since, it involves radically changing internal organizational behaviour patterns. Many studies have attempted to understand the factors that accelerate or impede Corporate Entrepreneurship, which examined the effect of a firm's strategy, organization and external environment. It appears that the environment plays a profound role and influencing. There is consensus that the external environment is an important antecedent of Corporate Entrepreneurship. Focus on the environment, the literature highlights two fire-burning questions that deserve examination. First, how do firms that compete in different environments vary in the Corporate Entrepreneurship activities? Second, which Corporate Entrepreneurship activities are philosophicative, processicative and conductive to superior performance in different environments? In this backdrop, the present paper develops a theoretical foundation of these questions and emphasizing on the perceptual mapping between Corporate Entrepreneurship and strategic management in a integrating model of Corporate Entrepreneurship, giving special and unique attention to the strategic behaviour, corporate context and organizational types. 2007-03-21T00:00:00Z http://dspace.ediindia.ac.in:8181/xmlui//handle/123456789/637 Entrepreneurial Trends in Liberalised Civil Aviation Sector in India: Paradigm Shifts Beyond 1990s Khan, Mohammed Naved Civil aviation sector is growing at a brisk pace in India. This growth is fuelled by the liberalisation of the industry, increase in investments, emergence of low cost carriers (LCCs), positive impetus by regulatory authorities and improvement in the standards of living in the region in general. Liberalization of the domestic civil aviation industry in India gained pace with the repeal of the Air Corporations Act 1953 on 29th January 1994. A number of private players commenced domestic operations including Jet Airways, Air Sahara, Modiluft, Damania Airways, NEPC Airlines and East West Airlines. However, many of these operators could not sustain their businesses and closed operations by 1997. Among the many private airlines, which started operations with the deregulation of the Indian civil aviation sector, only two still continue to operate-Jet Airways and Air Sahara. With the entry of LCCs, the airline industry in India is in fact presently witnessing the second phase of liberalisation. Leading players in the Indian aviation industry include Air India, Indian Airlines, Jet Airways, Sahara Airlines, Kingfisher, Spicejet, Paramount, IndiGo and Go Air. But the airline industry in India is currently encountering problems related to air traffic management, inadequate infrastructure, cockpit crew shortage, safety issues, rising fuel cost, environmental degradation and low levels of customer satisfaction. The profit margins of network airlines have hit rock bottom owing to low-fare competition, increasing security related costs, and shifts in air travel choice behaviour. The interrelationships between problems outlined above means that there is no single solution to the current industry crisis. The paper examines the structure of the aviation industry in India and the entrepreneurial challenges that it has thrown up. It also discusses the sweeping changes that have radically changed the face of the aviation industry, the general economic conditions that have deeply influenced the industry, gradual process of liberalising of air services, entrepreneurial interest and growth of new airlines, allocation of capacity at airports, reforms in the ground handling markets and other related issues. Further, it describes in detail the new regulatory problems thrown up by liberalisation, as well as measures taken by entrepreneurs to overcome them. The authors have also made an attempt to empirically determine passenger satisfaction levels vis-à-vis changes introduced by new airlines in order to reduce flying costs. 2007-03-21T00:00:00Z