Nominal and Effective Interest

Management Quality and Competitiveness

Christoph H. Loch Stephen E. Chick Arnd Huchzermeier


Management Quality and Competitiveness
Lessons from the Industrial Excellence Award

Prof. Dr. Christoph H. Loch INSEAD Boulevard de Constance 77305 Fontainebleau Cedex France christoph.loch@insead.edu Prof. Dr. Arnd Huchzermeier WHU-Otto Beisheim School of Management Burgplatz 2 56179 Vallendar Germany ah@whu.edu

Prof. Stephen E. Chick INSEAD Boulevard de Constance 77305 Fontainebleau Cedex France stephen.chick@insead.edu

ISBN 978-3-540-79183-6

e-ISBN 978-3-540-79184-3

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Foreword
“He who stops getting better has stopped being good.” Hans Schneider, General Manager of the Siemens Amberg Electronics Factory, Industrial Excellence Award overall winner 2007 There is a general perception that inflexible labor markets and high labor costs are contributing to a massive displacement of manufacturing jobs and investment from Western...