The long-term value of M&A activity that enhances learning organisations

Viewing the automobile industry as being made up of independent learning-organisations may reveal some tie-ups that can generate value not easily revealed by traditional financial metrics. The key question to be answered when considering M&A activity between automakers from this perspective is how the formation of such a relationship (or its dissolution) may affect an automaker's organisational learning (e.g., the development of increasingly higher-performing organisational routines to shorten development lead times, improve a vehicle's overall customer satisfaction, improve the ease with which a vehicle can be assembled). We analyse three case studies to obtain insights into how M&A activity may be used to enhance the learning organisations of automakers. The first two cases, Renault-Nissan and Ford-Mazda, involve very significant but still minority equity stakes between Western and Japanese automakers. The third case, Chrysler-AMC, was a full acquisition involving two US firms.(A)

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/14709511
• Authors:
  • HELLER, D A
  • Mercer, G
  • Fujimoto, T
• Publication Date: 2006

Language

• English

Media Info

• Pagination: 157-176
• Serial:
  • International Journal of Automotive Technology and Management
  • Volume: 6
  • Issue Number: 2
  • Publisher: Inderscience Enterprises Limited
  • ISSN: 1470-9511
  • Serial URL: http://www.inderscience.com/jhome.php?jcode=IJATM

Subject/Index Terms

• TRT Terms: Administration; Communication; Communications; Demand; Education; Manufactures; Technology; Vehicles
• Geographic Terms: Japan; United States
• ITRD Terms: 155: Administration; 9098: Communication; 285: Demand (econ); 2284: Education; 8053: Japan; 3647: Manufacture; 3855: Technology; 8122: USA; 1255: Vehicle
• Subject Areas: Administration and Management; Education and Training; Vehicles and Equipment; I10: Economics and Administration;

Filing Info

• Accession Number: 01050710
• Record Type: Publication
• Source Agency: Transport Research Laboratory
• Files: ITRD
• Created Date: Jun 4 2007 11:55PM