Files:DescriptionFile size FormatBrowse
Fulltext0.06 MBPDF (requires Acrobat Reader)Previous | Next
  
Authors:Lars Grønholdt: Department of Marketing, Copenhagen Business School, Denmark
Anne Martensen: Department of Marketing, Copenhagen Business School, Denmark
Publication title:Driving Profitable Growth: A Study of Essential Management Practices
Conference:11th QMOD Conference. Quality Management and Organizational Development Attaining Sustainability From Organizational Excellence to SustainAble Excellence; 20–22 August; 2008 in Helsingborg; Sweden
Publication type: Abstract and Fulltext
Issue:033
Article No.:045
Abstract:Purpose: The purpose of this paper is to examine how different management practices drive profitable growth and business success in Danish companies.

Methodology/approach: Both qualitative and quantitative research are conducted to study the relationships between eight general mangemement practices and key performance results. A survey among large companies in Denmark and the companies’ key performance results forms the empirical basis for the study. Two central key performance results are ‘increase in turnover’ and ‘return on invested capital’. It can be argued that sustained increase in turnover and high return on invested capital at the same time indicate profitable growth and return to shareholders in the long run.

Findings: The findings provide evidence that the eight management practices are linked to key performance results. The high-performing companies differentiate significantly from the low-performing companies with regard to how well they do the management practices. All eight mangement practices are essential in producing profitable growth.

Research limitations: This study is limited to the eight identified management practices in large Danish companies.

Practical implications: This study has clear implications in terms of identifying and measuring the importance of essential management practices which influence profitable growth and thereby separating the facts from the fads.

Originality/value: The study identifies and measures eight essential management practices and links these to actual key performance results.

Language:English
Keywords:Profitability; Growth; Key performance results; Management practice; Denmark
Year:2008
No. of pages:8
Series:Linköping Electronic Conference Proceedings
ISSN (print):1650-3686
ISSN (online):1650-3740
File:http://www.ep.liu.se/ecp/033/045/ecp0803345.pdf
Available:2008-12-09
Publisher:Linköping University Electronic Press; Linköpings universitet

REFERENCE TO THIS PAGE
Lars Grønholdt, Anne Martensen (2008). Driving Profitable Growth: A Study of Essential Management Practices, 11th QMOD Conference. Quality Management and Organizational Development Attaining Sustainability From Organizational Excellence to SustainAble Excellence; 20–22 August; 2008 in Helsingborg; Sweden http://www.ep.liu.se/ecp_article/index.en.aspx?issue=033;article=045 (accessed 12/19/2014)