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Strategic Management for the Plastics Industry: Dealing with Globalization and Sustainability, Second Edition 2nd edition [Kõva köide]

  • Formaat: Hardback, 178 pages, kõrgus x laius: 234x156 mm, kaal: 450 g
  • Ilmumisaeg: 07-Aug-2013
  • Kirjastus: CRC Press Inc
  • ISBN-10: 1466505869
  • ISBN-13: 9781466505865
  • Formaat: Hardback, 178 pages, kõrgus x laius: 234x156 mm, kaal: 450 g
  • Ilmumisaeg: 07-Aug-2013
  • Kirjastus: CRC Press Inc
  • ISBN-10: 1466505869
  • ISBN-13: 9781466505865
This second edition includes significant new information on the globalization of the plastic industry and sustainability. Jones, who has a plethora of practical experience, does an able job of explaining the foundations of the industry, segments, technologies and markets. He explores the factors that shape a company's business, company culture, organization and direction, managing and staffing for success, managing globally and sustainability, tools necessary for management, acquisitions, joint ventures, and divestitures. He also produces an interesting series of case studies. Annotation ©2013 Book News, Inc., Portland, OR (booknews.com)

Any general management book can give you the basics of quality assurance, strategic planning, logistics, and more. But how do you apply that knowledge to a company that requires not only sound business practices but also sound science to succeed? And how do you deal with the impact of globalized competition, a fluctuating world economy, and growing pressure from environmental groups and government regulators? Revised and updated throughout, Strategic Management for the Plastics Industry: Dealing with Globalization and Sustainability, Second Edition continues to combine coverage of management best practices with coverage of issues specific to the plastics industry.



The author outlines the fundamentals of polymer manufacturing, compounding, distribution, processing, and auxiliary products that make this industry unique, and shows how these factors affect management decisions. Using case studies and examples, he demonstrates the thinking behind successful managerial choices and illustrates what errors to avoid. The book also explains the interrelationships between technologies, markets, business sectors, and strategies in the plastics industry. Topics include company culture, staffing, how to manage internal growth, the "dos and don’ts" of acquisitions, and much more. The material is based on the author’s more than 55 years of experience, extensive research, and interviews with managers throughout the industry.



What’s New in This Edition





  • A new chapter on globalization and sustainability


  • All chapters revised and updated


  • Updated case studies, and one new case study


The book is written for a broad audience, including aspiring professionals who wish to become managers, managers who want to round out their skills, consultants to the industry, and university students and faculty in plastics engineering and polymer chemistry departments. The combination of experience-based in

Arvustused

"The author shares his profound knowledge and understanding of the global plastics industry in a very accessible manner. The case studies as presented are impressive and very relevant. ... This book is a standard, a must-have for every individual with the ambition to understand, build a career, or establish a successful business within the global plastics industry." -Stan Verbraak, Solid Polymer Solutions, The Netherlands

Preface xiii
Acknowledgments-Second Edition xv
The Author xvii
Suggested Reading xix
1 Introduction 1(16)
1.1 Why a Management Book for the Plastics Industry
1(2)
1.2 Management as a Career
3(4)
1.3 What Six Things Management Must Do
7(10)
1.3.1 Organize the Business to Meet Market and Customer Needs
8(1)
1.3.2 Recognize and Manage
8(2)
1.3.3 Develop Company Goal and Get Everyone on Board with the Plan
10(1)
1.3.4 Continuously Appraise Performance and Provide Feedback
11(1)
1.3.5 Lead by Example
12(1)
1.3.6 Ensure That the Business Is Increasingly Profitable
12(5)
2 Foundations of the Segments 17(12)
2.1 Polymer Manufacturing
17(4)
2.1.1 Technology
17(1)
2.1.2 Scale and Integration
18(1)
2.1.3 Routes to Market
19(2)
2.1.3.1 Direct Sales
20(1)
2.1.3.2 Distributors and Brokers
20(1)
2.2 Compounding-Key Factors
21(2)
2.2.1 Technology
21(1)
2.2.2 Supplier Relationships
22(1)
2.2.3 Geographic Dispersion for Customer Focus
22(1)
2.3 Distribution-Key Factors
23(3)
2.3.1 Customer Relationships
23(1)
2.3.2 Supplier Relationships
24(1)
2.3.3 Geographic Dispersion
25(1)
2.4 Processing-Key Factors
26(1)
2.4.1 Technology
26(1)
2.4.2 Customer Relationships
26(1)
2.5 Equipment, Additives and Others
27(2)
2.5.2 Critical Mass
27(1)
2.5.3 Customer Relationships
28(1)
3 Technologies and Markets Shape a Company's Business 29(14)
3.1 Technologies
29(8)
3.1.1 Materials
29(3)
3.1.1.1 Commodity and Semi-Commodity Materials
29(2)
3.1.1.2 High-Performance and Unique Materials
31(1)
3.1.1.3 Support Requirements
32(1)
3.1.2 Processing Equipment
32(2)
3.1.2.1 Equipment Types-Opportunities or Limitations?
33(1)
3.1.2.2 Full Service versus Specialist
34(1)
3.1.3 Patents, Trade Secrets, and Licensing
34(2)
3.1.4 Regulatory and Environmental Issues
36(1)
3.2 Markets
37(6)
3.2.1 Packaging
37(1)
3.2.2 Construction
38(1)
3.2.3 Automotive
39(1)
3.2.4 Electrical/Electronic
39(1)
3.2.5 Consumer Goods
40(1)
3.2.6 Industrial Components and Semifinished Shapes
41(1)
3.2.7 Other
41(2)
3.2.7.1 Medical
41(1)
3.2.7.2 Aerospace and Military
41(2)
4 Company Culture, Organization, and Direction 43(16)
4.1 Size Matters-It's Intertwined with Culture
43(6)
4.1.1 Entrepreneurial Culture
45(1)
4.1.2 Managerial Culture
46(1)
4.1.3 Commodity Culture
46(1)
4.1.4 Technology Culture
47(1)
4.1.5 Nationality/Ethnic Cultures
48(1)
4.2 Tailoring Organizational Form to Business Needs
49(4)
4.2.1 Organizing by Function
49(1)
4.2.2 Organizing by Product
50(1)
4.2.3 Organizing by Market
51(1)
4.2.4 Organizing by Geography
52(1)
4.2.5 Hybrid Organizations
52(1)
4.3 People Management
53(2)
4.4 The Board of Directors
55(4)
5 Managing for Success 59(10)
5.1 Planning for Success
59(1)
5.2 Managing and Integrating Functions
60(7)
5.2.1 Research & Development
61(2)
5.2.2 Sales and Marketing
63(1)
5.2.3 Manufacturing
64(2)
5.2.4 Administration
66(1)
5.3 Managing Costs
67(2)
6 Managing Globally and Sustainably 69(18)
6.1 What Is Globalization and What Is Its Effect?
69(10)
6.1.1 Globalization and Sectors of the Plastics Industry
73(2)
6.1.1.1 Machinery
73(1)
6.1.1.2 Processing
74(1)
6.1.1.3 Polymer Manufacturing
74(1)
6.1.1.4 Compounding
75(1)
6.1.1.5 Summary
75(1)
6.1.2 Strategies to Take Advantage of Globalization
75(4)
6.1.2.1 Weighting Defense versus Offense
75(2)
6.1.2.2 Things to Avoid or Beware of When Buying Globally
77(1)
6.1.2.3 Competing Globally through Partnerships
78(1)
6.2 Managing Sustainably
79(8)
6.2.1 Separating Wishful Thinking from Reality with-Respect to Sustainability
79(3)
6.2.2 Finding a Consistent, Practical Definition of Sustainability
82(1)
6.2.3 Green Polymers
83(4)
7 Staffing for Success 87(22)
7.1 Recruiting
87(8)
7.1.1 Education
89(1)
7.1.2 Experience
90(2)
7.1.3 Personality Traits
92(1)
7.1.4 References
92(1)
7.1.5 Employment Agreements
93(2)
7.2 Training
95(2)
7.2.1 Job Enrichment and Rotation
95(1)
7.2.2 Continuing Education
96(1)
7.3 Compensation and Reviews
97(1)
7.4 Promotions
98(1)
7.5 Firing and Laying Off Personnel
99(4)
7.5.1 Firing and Laying Off Outside the United States
102(1)
7.6 Using Temporary Personnel
103(1)
7.7 Retention
104(1)
7.8 Plant and Laboratory Nonprofessional Personnel
105(4)
7.8.1 Unions
106(3)
8 Tools for Management 109(14)
8.1 Analyzing Your Business
109(4)
8.1.1 Current Relative Profitability
110(2)
8.1.2 Relative Profitability Potential
112(1)
8.2 Benchmarks for Allocation of Costs
113(4)
8.2.1 Polymer Manufacturer
114(1)
8.2.2 Compounder
115(1)
8.2.3 Distributor
115(1)
8.2.4 Processor
116(1)
8.2.5 Machinery Manufacturer
117(1)
8.3 Measuring Your Results
117(6)
8.3.1 Achievements versus Planned Goals
117(1)
8.3.2 Financial Statements and Stock Valuation
118(1)
8.3.3 Customer Satisfaction
118(1)
8.3.4 Competitive Rankings and Analysis
119(4)
9 The Role of Acquisitions, Joint Ventures, and Divestitures 123(12)
9.1 Access to Markets
124(1)
9.2 Access to Technology
125(1)
9.3 Manufacturing Capacity
126(1)
9.4 Integrating Acquisitions into Existing Operations
126(1)
9.5 When Not to Acquire
127(3)
9.6 Acquisitions versus joint Ventures
130(1)
9.7 Divestitures
131(1)
9.8 The Challenges of Being Acquired
132(3)
9.8.1 Selling Your Company
133(1)
9.8.2 Surprise Your Company Has Been Sold!
134(1)
10 Case Studies 135(14)
10.1 BASF-Using Breadth of Product Line and Manufacturing Integration
135(3)
10.1.1 BASF's History in Plastics
136(1)
10.1.2 The Effect of "Verbund" (Integration) on Product Line
137(1)
10.2 Victrex-A High Polymer Company
138(1)
10.3 LNP Engineering Plastics-Global Compounding
139(5)
10.3.1 LNP's History
140(1)
10.3.2 LNP's Business Strategies
141(3)
10.3.2.1 Focus on Customer Needs
141(1)
10.3.2.2 Decentralize Manufacturing
142(1)
10.3.2.3 Regional Management, Globally Coordinated
143(1)
10.3.2.4 Patented Technology for Marketing Strength
144(1)
10.4 Modified Plastics-Regional Compounding
144(2)
10.4.1 Using a Time Zone against Larger Competitors
145(1)
10.5 Maguire Products-Auxiliary Machinery
146(1)
10.6 Common Threads
146(3)
11 Summary 149(2)
Index 151
Roger Franklin Jones 55-plus-years career in the plastics industry has covered a broad range of technical and management functions as well as types of companies. In 2004, he joined an investor consortium that founded PlastiComp LLC, and was elected board chairman; he has continued to serve on the board as chairman emeritus since 2011. He is a widely published authority on plastics and related topics. In the United States and overseas, he has authored/edited four books, authored more than 100 articles and papers, and is inventor of record for 20 patents. His honors include the Honor Scroll of the American Institute of Chemists and election as a Fellow by both the Society of Plastics Engineers (1975) and the American Chemical Society (2012). He is a Life Fellow of the American Institute of Chemists. He served as an officer in the United States Navy on active duty for three years at the end of the Korean War. He continued his military career in the Naval Reserve for an additional 30 years, retiring with the rank of captain.