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By Robert S. Kaplan, David P. Norton

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Additional resources for Balanced Scorecard Report - The Strategy Execution Source - Volume 11 Number 1 - Jan-Feb 2009

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119-131, 2007. : Markets and Hierarchies – Analysis and Antitrust Implications. Free Press, New York, 1975. : The Economic Institutions of Capitalism. Firms, Markets, Relation Contracting. The Free Press, New York, 1985. Winter, Sidney: The satisficing principle in capability learning, in: Strategic Management Journal, Vol. 21, p. 981-996, 2000. Winter, Sidney: Understanding Dynamic Capabilities, in: Strategic Management Journal, Vol. 24, p. 991 – 995, 2003. The World Bank:, World Bank national accounts data, and OECD National Accounts data files.

3. How do you assess the following questions regarding your mode for foreign business? In how many countries do you work simultaneously? How long after market entry does it normally take for you to change the mode? How long do you normally need for your opinionbuilding process from the first idea to switch to the decision to switch? How long is the time duration between the decision to switch and the beginning of implementation? How long is the time duration from the beginning of implementation until the new mode is functional?

Can success pattern of mode switching be identified? The research questions are explained in more detail subsequent to the literature review in Chapter 3. 3 Main objectives The research focus of this work is the analysis of foreign management operations with the aim of gaining better understanding of the switch of foreign operation mode. The analysis centres on company strategies after market entry and the further development of the operation mode. An attempt is made to explain decision making in the internationalisation process of firms and the management of foreign operations.

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