Title :
Sun Tzu´s The Art of War for business management strategic planning: resources and competitive actions
Author :
Lee, S.F. ; Roberts, Paul ; Lau, W.S.
Author_Institution :
Hong Kong Inst. of Vocational Educ., China
Abstract :
Summary form only given as follows. Under the well-known Sun Tzu´s philosophy, a survey on its implementation in Hong Kong business environment was conducted. One of the main objectives is to research and assess the usefulness and influences of these philosophies and strategies in the Hong Kong business environment. The responses provide insight to both local and foreign companies in understanding the corporate strategies and behaviors for the challenges in the Asian Pacific region as well as global business competition in the next century. The business management competitive strategies based on Sun Tzu´s The Art of War scored 3.6 on average which is in between the “average important” and the “very important” ranking positions. This high ranking is highly encouraging because it implies that Sun Tzu´s wisdom is widely used and adopted as Chinese business management strategies. This paper presents the detailed findings of Strategy 2 “Resources and Competitive Actions” and the mean score is 3.6, which is in between the “average important” and the “very important” ranking positions
Keywords :
management; strategic planning; Asian Pacific region; Chinese business management strategies; Hong Kong business environment; Strategy 2; Sun Tzu´s The Art of War; Sun Tzu´s philosophy; average important ranking position; business management competitive strategies; business management strategic planning; competitive actions; corporate behaviours; corporate strategies; foreign companies; global business competition; local companies; resources; very important ranking position; Collaboration; Government; Innovation management; Manufacturing; Resource management; Strategic planning; Subspace constraints; Sun; Technological innovation; Technology management;
Conference_Titel :
Management of Engineering and Technology, 1999. Technology and Innovation Management. PICMET '99. Portland International Conference on
Conference_Location :
Portland, OR
Print_ISBN :
1-890843-02-4
DOI :
10.1109/PICMET.1999.808535