International business scholars have conducted a considerable amount of research on both headquarters-subsidiary relationships and subsidiary roles. The horizontal relationships between foreign subsidiaries, however, have not gained much attention - although these linkages are important to the...

Vorhaben, ob geschäftlich oder privat, wirken oft so kompliziert, dass man sie gar nicht erst anpacken will. Offiziere lernen Grundlagen taktischer und strategischer Planung. Damit verinnerlichen sie gleichzeitig eine Denkstruktur, die sie Herausforderungen anpacken und lösen lässt. Dieser...

Kommunikationsverantwortliche haben es mit einer Vielzahl an Themen zu tun und oft ihre liebe Müh‘, diese abzuarbeiten. Was dabei nicht selten auf der Strecke bleibt, sind Gesamttenor und der rote Faden. Im besten Fall kommunizieren sie mit unterschiedlichen Medien an die jeweiligen...

Purpose: The purpose of this paper is to develop the hitherto unexplored concept of strategic discipline. Design/methodology/approach: Three fairly iconic firms of the Germanic Mittelstand (ALDI, Stihl and Hipp) are examined. The meaning and relevance of strategic discipline is derived....

Purpose: This paper aims to explore hidden wellsprings of risk-taking in family firms. Design/methodology/approach: The high tolerance for risk shown repeatedly by the famous family firm Hipp of Germany is documented. Three major risk-taking episodes at Hipp are examined. Findings:...

Purpose: For firms that depend on personalized management as a key element of their competitive advantage, maintaining personalized management in the face of sustained growth presents a particular challenge. The purpose of this paper is to examine how firms in the Germanic Mittelstand have...