Innovation management in Russia’s foreign manufacturing subsidiaries: a pilot exploration of creation and implementation of effective innovation routines
There co-exist several problems when measuring the level of competitiveness. The major one is that it represents an integral indicator of the enterprise performance. The indicator has something in common with the notion of the utility function used in economics. The latter one stamps a numerical equivalent of the utility associated by an individual from the consumption (or possession) of certain goods. Nevertheless, it stays an implicit (non-observable) function.
I report the results of observations of management practices in 20 Russian manufacturing subsidiaries of Western multinational corporations (MNCs). I argue that to counterbalance the higher country-specific risks associated with investing in Russia, MNCs impose on their Russian subsidiaries high demands for superior performance in terms of both technical and economic efficiency. My observations confirm that in most cases such demands are successfully met by the implementation of highly effective practices. Thus, I challenge several beliefs about industrial management in Russia, including the myths that Russian firms are hostile towards knowledge sharing and are wary of talent.
For successful implementation of inclusive and sustainable industrial development (ISID) in the framework of the Sustainable Development Goals (SDG) UNIDO acts as a global forum for the establishment of relevant international standards, including on industrial statistics. In this format, UNIDO implements a regional project “Improvement of industrial statistics and development of indicators of industrial performance for policy-relevant analysis in CIS countries”. The main objective of the project is to provide methodological assistance to national statistical offices in the Commonwealth of Independent States (CIS) countries in introducing international standards on industrial statistics to statistical practice and forming modern and internationally comparable statistical information to display industrial development processes. Therefore, it was necessary to assess reliability, timeliness and international comparability of official statistics of Rosstat and other national statistical offices of the CIS countries, so the analytical part is done mainly based on the official data sources. This paper is based on the intermediate results of statistical analysis of the analytical module of UNIDO project
The chapter focuses on the alternative measures of the relative competitiveness of Russian manufacturing enterprises and on assessing the changes in the distribution of manufacturing firms by those measures between 2005 and 2009.
Russian multinational enterprises (MNE) expanded widely in the late 1990s through the summer of 2008 at the onset of the global financial crisis of 2008. The emerging market MNEs have now become a subject of intensive study with a particular focus on the actions and behaviors of firms from Brazil, Russia, India, China, and South Africa (BRICS). This paper attempts to flesh out the reputational and corporate social responsibility (CSR) aspects of this internationalization process. The paper finds that in select cases the reputation of a Russia MNE does play a role in their activities and that these emergent firms recognize host country stakeholders as an audience for concern when conducting OFDI.
The survey of Russian medium-size companies was the basis for analysis of the structure of motives for innovations of top Russian executives. Innovations are perceived as key element of post-crisis recovery; the difficulties for execution of innovative actions are not impossible to overcome. However, the scope of innovative actions raises only in the firm surpasses the level of annual investments at 10% of the annual sales.
The extant literature acknowledges the role of overseas subsidiaries in the growth and development of multinational companies (MNCs). Such subsidiaries are viewed as critical players in the innovation process at MNCs. This topic remains largely underresearched in the Russian context. This study aims to fill this gap by examining the dynamics of the innovation process in Russianbased subsidiaries of global MNCs. We present qualitative findings that indicate Russian subsidiaries are not only recipients of knowledge and technology developed elsewhere in the MNCs.
The author analyzes the most widely applied risk management standards in Russia, emphasizing the lack of a clear system for operational risk management. Reviewing the challenges emerging on European markets due to the introduction of the Solvency II directive, he suggests approaches to the solution of possible problems for Russian insurers.
портовый менеджмент, показатели деятельности, анализ эффективности, система учета, распределение издержек, методы анализа деятельности портовой системы
At present many industries reveal tendency for setting up of vertically integrated companies (VIC) the structure of which unites all technological processes. This tendency proved its efficiency in oil industry where coordination of all successive stages of technological process, namely, oil prospecting and production -oil transportation - oil processing - oil chemistry - oil products and oil chemicals marketing, is necessary. The article considers specific features of introduction of "personnel management" module at enterprises of oil and gas industry.
vertically integrated companies; personnel management