The Emergence and Impact of MNC Centres of Excellence explores an important new element in the development of the multinational corporation. Whilst previously the parent company was seen as the centre, and the foreign subsidiaries as the periphery, today, it is recognized that different subsidiaries have different roles, and are linked to each other in a complicated pattern. One crucial aspect of this is that some subsidiaries become 'centres of excellence' (COE) controlling resources on which other parts of the corporation depend for their operations. This book investigates the existence of COEs in different countries, examining why they emerge and analysing their impact on corporate strategy.
U. Holm
Acquisition business cluster clusters Corporate Strategy development International Business merger mergers methods multinational corporation network networks research strategy
'This is an excellent book on a critical topic, namely how to create competencies and use these in multinational corporations. Critically, the authors have illustrated that such organizations have multiple centres of excellence as part of their global networks as opposed to the old headquarters only syndrome. The book demonstrates convincingly how subsidiary headquarters as well as subsidiary research and development centers can be sources of competence. In-depth case studies and a comparative multinational approach further strengthen the value of the book, with multinational headquarters in Sweden, Denmark, Norway, Finland, Germany and the UK being part of the sample. All in all, the authors have tackled one of the most critical issues facing today's organizations: how to become truly effective, global competence-creating, and competence-using organizations. They show that balanced, broadly-distributed networks represent the answer.' - Peter Lorange, President, International Institute for Management Development
'This volume contains material at the cutting edge of international business research. Many emerging areas of critical importance are identified, and courageously explored by some of the leading scholars from a broad range of business-related disciplines. The monograph deserves to be widely read and carefully studied.' - John Dunning, Rutgers and Reading Universities