Strategic Management for the Plastics Industry: Dealing with Globalization and Sustainability, Second Edition

Strategic Management for the Plastics Industry: Dealing with Globalization and Sustainability, Second Edition

by Roger F. Jones

Hardcover(Revised)

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Overview

Strategic Management for the Plastics Industry: Dealing with Globalization and Sustainability, Second Edition by Roger F. Jones

Any general management book can give you the basics of quality assurance, strategic planning, logistics, and more. But how do you apply that knowledge to a company that requires not only sound business practices but also sound science to succeed? And how do you deal with the impact of globalized competition, a fluctuating world economy, and growing pressure from environmental groups and government regulators? Revised and updated throughout, Strategic Management for the Plastics Industry: Dealing with Globalization and Sustainability, Second Edition continues to combine coverage of management best practices with coverage of issues specific to the plastics industry.

The author outlines the fundamentals of polymer manufacturing, compounding, distribution, processing, and auxiliary products that make this industry unique, and shows how these factors affect management decisions. Using case studies and examples, he demonstrates the thinking behind successful managerial choices and illustrates what errors to avoid. The book also explains the interrelationships between technologies, markets, business sectors, and strategies in the plastics industry. Topics include company culture, staffing, how to manage internal growth, the "dos and don’ts" of acquisitions, and much more. The material is based on the author’s more than 55 years of experience, extensive research, and interviews with managers throughout the industry.

What’s New in This Edition


  • A new chapter on globalization and sustainability
  • All chapters revised and updated
  • Updated case studies, and one new case study

The book is written for a broad audience, including aspiring professionals who wish to become managers, managers who want to round out their skills, consultants to the industry, and university students and faculty in plastics engineering and polymer chemistry departments. The combination of experience-based insights and research-based strategies make this an essential resource to help you operate productively, manage effectively, and grow in the global marketplace.

CRC Press Authors Speak

Watch a video of Roger F. Jones speaking about his book.

Product Details

ISBN-13: 9781466505865
Publisher: Taylor & Francis
Publication date: 08/15/2013
Edition description: Revised
Pages: 178
Product dimensions: 6.40(w) x 9.20(h) x 0.60(d)

About the Author

Roger Franklin Jones’ 55-plus-years’ career in the plastics industry has covered a broad range of technical and management functions as well as types of companies. In 2004, he joined an investor consortium that founded PlastiComp LLC, and was elected board chairman; he has continued to serve on the board as chairman emeritus since 2011. He is a widely published authority on plastics and related topics. In the United States and overseas, he has authored/edited four books, authored more than 100 articles and papers, and is inventor of record for 20 patents. His honors include the Honor Scroll of the American Institute of Chemists and election as a Fellow by both the Society of Plastics Engineers (1975) and the American Chemical Society (2012). He is a Life Fellow of the American Institute of Chemists. He served as an officer in the United States Navy on active duty for three years at the end of the Korean War. He continued his military career in the Naval Reserve for an additional 30 years, retiring with the rank of captain.

Table of Contents

Introduction
Why a Management Book for the Plastics Industry
Management as a Career
What Six Things Management Must Do

Foundations of the Industry's Segments
Polymer Manufacturing
Compounding—Key Factors
Distribution—Key Factors
Processing—Key Factors
Equipment, Additives, and Others

Technologies and Markets Shape a Company’s Business
Technologies
Markets

Company Culture, Organization, and Direction
Size Matters—It's Intertwined with Culture
Tailoring Organizational Form to Business Needs
People Management
The Board of Directors

Managing for Success
Planning for Success
Managing and Integrating Functions
Managing Costs

Managing Globally and Sustainably
What Is Globalization and What Is Its Effect?
Managing Sustainably

Staffing for Success
Recruiting
Training
Compensation and Reviews
Promotions
Firing and Laying Off Personnel
Using Temporary Personnel
Retention
Plant and Laboratory Nonprofessional Personnel

Tools for Management
Analyzing Your Business
Benchmarks for Allocation of Costs
Measuring Your Results

The Role of Acquisitions, Joint Ventures, and Divestitures
Access to Markets
Access to Technology
Manufacturing Capacity
Integrating Acquisitions into Existing Operations
When Not to Acquire
Acquisitions versus Joint Ventures
Divestitures
The Challenges of Being Acquired

Case Studies
BASF—Using Breadth of Product Line and Manufacturing Integration
Victrex—A High Polymer Company
LNP Engineering Plastics—Global Compounding
Modified Plastics—Regional Compounding
Maguire Products—Auxiliary Machinery
Common Threads

Summary

Index

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