E-Book, Englisch, 393 Seiten, eBook
Reihe: Schriftenreihe der HHL Leipzig Graduate School of Management
In Search of Hidden Champions, their Business Principles and Common Industry Misperceptions
E-Book, Englisch, 393 Seiten, eBook
Reihe: Schriftenreihe der HHL Leipzig Graduate School of Management
ISBN: 978-3-8349-6533-2
Verlag: Betriebswirtschaftlicher Verlag Gabler
Format: PDF
Kopierschutz: 1 - PDF Watermark
Dr. Regina M. Neubauer wrote her dissertation under the supervision of Professor Ludo Van der Heyden, PhD from INSEAD at the HHL - Leipzig Graduate School of Management.
Zielgruppe
Research
Autoren/Hrsg.
Weitere Infos & Material
1;Foreword;6
2;Acknowledgements;8
3;Content;9
4;List of illustrations;13
5;List of tables;17
6;List of abbreviations;21
7;1 Introduction;25
7.1;1.1 Motivation and objectives;28
7.2;1.2 Object of consideration: Hidden Champions;31
7.2.1;1.2.1 Origin of the term and criteria;31
7.2.2;1.2.2 Size and profitability;35
7.3;1.3 Outline of the study;38
8;2 The area of logistics;45
8.1;2.1 Industry fundamentals;45
8.1.1;2.1.1 Origin of the term;46
8.1.2;2.1.2 Definitions;47
8.1.3;2.1.3 Similarities and differences with supply chain management;52
8.2;2.2 Recent developments;58
8.2.1;2.2.1 From value chain to value network;58
8.2.2;2.2.2 Environmental conditions;65
8.2.2.1;2.2.2.1 Micro environmental factors;65
8.2.2.2;2.2.2.2 Macro environmental factors;70
8.2.3;2.2.3 Trends and current developments;74
8.3;2.3 Industry demography;76
8.3.1;2.3.1 Market volume;76
8.3.2;2.3.2 Market segments;83
8.3.3;2.3.3 Large actors in the industry;86
8.3.4;2.3.4 SMEs and Hidden Champions in the area of logistics;88
9;3 Business models as an approach for analyzing companies;92
9.1;3.1 About business analysis;92
9.1.1;3.1.1 Environmental dynamics as a starting point;92
9.1.2;3.1.2 Approaches for analyzing companies;94
9.2;3.2 Business models: an approach for corporate analysis in a dynamic environment;99
9.2.1;3.2.1 Fundamentals of business models;99
9.2.1.1;3.2.1.1 Evolution of the terminology;99
9.2.1.2;3.2.1.2 Purpose of business modeling;102
9.2.2;3.2.2 Prevailing approaches;103
9.2.3;3.2.3 Definition;109
9.2.3.1;3.2.3.1 Requirements of the framework;109
9.2.3.2;3.2.3.2 Research framework;110
9.2.4;3.2.4 Limits of business models;113
10;4 Issues of empirical research and analysis;121
10.1;4.1 Methodology;121
10.1.1;4.1.1 Research challenges;121
10.1.2;4.1.2 Research approach;123
10.1.2.1;4.1.2.1 Classification;123
10.1.2.2;4.1.2.2 Representative research;124
10.1.2.3;4.1.2.3 Explorative research;125
10.1.2.4;4.1.2.4 Experimental research;126
10.1.3;4.1.3 Research process;127
10.1.3.1;4.1.3.1 Process;127
10.1.3.2;4.1.3.2 Theory;129
10.1.3.3;4.1.3.3 Reality;129
10.1.3.4;4.1.3.4 Quality;130
10.2;4.2 Business model architectures;131
10.2.1;4.2.1 Industry developments and business model architectures;131
10.2.2;4.2.2 Derivation of business model architectures and comparisons;132
10.2.2.1;4.2.2.1 Descriptions and characteristics;132
10.2.2.2;4.2.2.2 Research relevance;137
10.3;4.3 Survey of LSPs;137
10.3.1;4.3.1 Typology;137
10.3.2;4.3.2 LSPs relevant for research;143
10.3.3;4.3.3 Selection of LSPs for empirical research;144
10.4;4.4 Role of customers in empirical research;146
10.5;4.5 Questionnaire design;147
11;5 Formulation of hypotheses;150
11.1;5.1 Formulation of micro hypotheses on business model components;150
11.1.1;5.1.1 Micro hypotheses on Ambitions & Aims;150
11.1.1.1;5.1.1.1 Single Source Hypothesis;150
11.1.1.2;5.1.1.2 Segmentation and Transaction Hypotheses;153
11.1.1.3;5.1.1.3 Commodity Trap Hypothesis;155
11.1.2;5.1.2 Micro hypotheses on Implementation;156
11.1.2.1;5.1.2.1 Cherry Picking Hypothesis;156
11.1.2.2;5.1.2.2 Global Standard Hypothesis;158
11.1.2.3;5.1.2.3 Virtual Logistics Hypothesis;159
11.1.2.4;5.1.2.4 Complexity Hypothesis;161
11.1.2.5;5.1.2.5 Information Processing Hypothesis;163
11.1.2.6;5.1.2.6 Complementarity and Reliability Hypothesis;164
11.1.2.7;5.1.2.7 Rules Hypothesis30;165
11.1.3;5.1.3 Micro hypotheses on Financials;166
11.1.3.1;5.1.3.1 Significant Turnover Hypothesis;166
11.1.3.2;5.1.3.2 Risk Aversion Hypothesis;167
11.2;5.2 Formulation of macro hypotheses;169
11.2.1;5.2.1 Customer Centricity Hypothesis: Egoism Syndrome as hurdle for Total Integration;169
11.2.2;5.2.2 Partnership Hypothesis: Collaborative entity as solution for Total Integration;172
11.2.3;5.2.3 Size Compatibility Hypothesis: Minor company size as limitation for Total Integration;173
11.2.3.1;5.2.3.1 Correlation between size of LSP and size of customer;175
11.2.3.2;5.2.3.2 Critical company size for Total Integration;176
12;6 Empirical results;178
12.1;6.1 Evaluation of micro hypotheses and common industry misperceptions;180
12.1.1;6.1.1 Misperceptions on Ambitions & Aims;180
12.1.1.1;6.1.1.1 The striving for single source misperception;172
12.1.1.2;6.1.1.2 The sector specificity and selection misperception;188
12.1.1.3;6.1.1.3 The damnation to low margin business misperception;191
12.1.2;6.1.2 Misperceptions on Implementation;197
12.1.2.1;6.1.2.1 The competition misperception;172
12.1.2.2;6.1.2.2 The global standard misperception;205
12.1.2.3;6.1.2.3 The asset misperception;208
12.1.2.4;6.1.2.4 The prevalence of complex internal settings misperception;218
12.1.2.5;6.1.2.5 The reservation expectation misperception;220
12.1.2.6;6.1.2.6 The partner relationship misperception;223
12.1.2.7;6.1.2.7 Formality as a norm;225
12.1.3;6.1.3 Misperceptions on Financials ;227
12.1.3.1;6.1.3.1 The market leadership misperception;172
12.1.3.2;6.1.3.2 The willingness to take risks misperception;230
12.2;6.2 Summary of the micro analysis;232
12.3;6.3 Evaluation of the macro hypotheses and common industry misperceptions;238
12.3.1;6.3.1 The customers’ lacking attention misperception: Customers as activators for innovation and/or business growth;238
12.3.1.1;6.3.1.1 Confidence and performance as a basis for innovation and business growth;238
12.3.1.2;6.3.1.2 The reality of balanced responsibilities: The dream of Total Integration;240
12.3.1.3;6.3.1.3 Escaping the commodity trap;244
12.3.2;6.3.2 The collaboration misperception: The failure of collaborative integration in the absence of special conditions;246
12.3.3;6.3.3 The power of smallness misperception: Issue of size;254
12.3.3.1;6.3.3.1 Similarity in company size is a wish but not reality;254
12.3.3.2;6.3.3.2 Company size and survival;259
12.4;6.4 Summary of the macro analysis;263
13;7 In search of Hidden Champions: BMPS;266
13.1;7.1 Introduction to performance measurement and scoring;266
13.2;7.2 Scoring performance along the micro dimensions;270
13.2.1;7.2.1 Incrementalism;270
13.2.2;7.2.2 Scope;274
13.2.3;7.2.3 Gradual Conquest;276
13.2.4;7.2.4 Customer Favor Striving;278
13.2.5;7.2.5 Customer Proximity;281
13.2.6;7.2.6 Entrepreneurship;283
13.2.7;7.2.7 Simple and Fast Decision Making;285
13.2.8;7.2.8 Open Communication and Collaboration;288
13.2.9;7.2.9 Strategic Self-Sufficiency;290
13.2.10;7.2.10 Mutual Trust;294
13.2.11;7.2.11 Niche Sovereignty;296
13.2.12;7.2.12 Customer Granularity;298
13.2.13;7.2.13 Conclusions on scoring the micro dimensions;299
13.3;7.3 Scoring performance along the macro dimensions;302
13.3.1;7.3.1 Gradual Service Extension, Role Complementarity, and Continuous Innovation;303
13.3.2;7.3.2 Reliable Execution;307
13.3.3;7.3.3 Courage and Self-Confidence as well as Defense and Attack;308
13.3.4;7.3.4 Conclusions on scoring the macro dimensions;311
13.4;7.4 The BMPS Framework;312
13.4.1;7.4.1 Developing the BMPS Framework;312
13.4.1.1;7.4.1.1 The BMPS Framework’s micro perspective;313
13.4.1.2;7.4.1.2 The BMPS Framework’s macro perspective;323
13.4.2;7.4.2 Results from the BMPS Framework;330
13.4.3;7.4.3 Identification of starting points for improvements at non-Hidden Champions;337
13.5;7.5 Comment on business principles;347
14;8 Conclusions;350
14.1;8.1 My main point: fallacy of Total Integration;350
14.2;8.2 Market and competitive implications: SMEs can not be neglected in any serious study of the LSP industry;354
14.3;8.3 Future research;358
15;Appendices;360
15.1;Appendix 1: Overview of approaches to business models;361
15.2;Appendix 2: Overview of approaches to strategy;374
15.3;Appendix 3: Questionnaire/Interview Manual Logistics Service Provider;377
15.4;Appendix 4: Questionnaire/Interview Manual Customer;388
16;Bibliograhpy;393