Management Practices in Russian Manufacturing Subsidiaries of Foreign Multinational Corporations
Author | : Igor Gurkov |
Publisher | : |
Total Pages | : 46 |
Release | : 2013 |
ISBN-10 | : OCLC:1308972993 |
ISBN-13 | : |
Rating | : 4/5 (93 Downloads) |
Download or read book Management Practices in Russian Manufacturing Subsidiaries of Foreign Multinational Corporations written by Igor Gurkov and published by . This book was released on 2013 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.