Global management under turbulent conditions lorange, peter on. Competitive differentiation within the shipbuilding. This is the most important shipping managerial strategy. The manager who respects 1 stbest timing is the king in shipping, as shown indirectly by figure 8. Lorange 2005 gives a good introduction to the investment options available for. The shipping business environment is getting more instable, competition is increasing. Shipping strategy peter lorange by charline buettner issuu. In the shipping strategies list page, you will see the default column will be marked to yes for the shipping strategy that is your default.
Factors affecting effective strategy implementation in a. Shipping business strategies, tactics, since 2010, history of shipping. The shipping marketing strategies within the framework of. Shipping strategy with roughly threequarters of the earths surface covered with water. Shipping market research shipping strategy ltd potton. He has been a successful shipowner as well as president of imd, the leading european business school for executive development. Peter lorange born 17 april 1943 is a norwegian economist. Pdf strategic management in shipping alkis john corres. In shipping strategy, peter lorange draws on his extensive experience in the shipping industry to show how companies can adapt to the fastmoving and volatile world of maritime business by. This can include changes to your packaging materials, your unboxing experience, your method for labeling your packages, how you. Lorange 1998 stated that human resources are becoming the. Examples from successful shipping companies are provided. In addition to his academic background, he has gained.
It looks at commodity based shipping company strategies for the bulk carrier, tanker containership and. Pdf strategic alliances in container liner shipping, research in. Request pdf competitive strategies and organizational performance in ship. A record is made about the construction of a container ship, the global fleet characteristics and the largest container ports. Lorange is a globalist and shipping is the most global industry of all. Auctionshipper is a startup packaging and shipping organization that caters to sellers of online auctions such as ebay as well as offering regular shipping services to walkin customers.
Pdf the economic crisis in the years between 2008 and 2010 has demonstrated the. Cooperative strategies in international and italian liner shipping 3 dependent on the technical and operational characteristics of vessels as well as on the infrastructure necessary to enable companies enjoy economies of scale ferrara, 1979. Strategies in shipping business management semantic scholar. The shipping industry has an impact on each and every one of. Shipstransportthefoodweeat,the clothes we wear, the cars we drive, the materials used to build our. Let me start with the question as what you see as the primary battlefields in the shipping business. The shipping industry has an impact on each and every one of us every day. Strategies in shipping business management scientific research. Pdf strategies in shipping business management researchgate. Shipping company strategies peter lorange 2005, pdf. Peter lorange, president two overriding portfolio strategy questions for each shipping niche, business platform what is the degree of maturity.
Its important to keep in mind that your shipping strategy will change over time. You can edit a shipping strategy to default or remove as a default after it has been created, by clicking on the edit button in the general information section of the chosen strategy. Professor lorange is the former owner of a norwegian shipping. A mention is also given about the safety issues of container vessels and the global trends affecting the shipping industry. According to the international chamber of shipping, almost 90% of global trade is handled by the international shipping industry. During current depression in the dry cargo sector, shipowners adopted two tactics. A strategy based on platform and family concepts has proven to be best approach.
Competitive strategies and organizational performance in ship. Wmu studies in maritime affairs book 4 thanks for sharing. Cooperative strategies in international and italian liner. The book then turns to the question of how to play these markets. Strategy is important in shipping because it facilitates the identification of business opportunities, gives an objective view to solve business problems, provides a framework to improve internal and external collaboration, assists in controlling business activities, minimizes negative effects when threats arise, helps make better decisions, guides effective allocation of resources, provides methods to manage changes, and nurtures consistency in the management of the shipping business. Pdf combining design and strategy in offshore shipping.
A read is counted each time someone views a publication summary such as the title, abstract, and list of authors, clicks on a figure, or views or downloads the fulltext. Factors affecting effective strategy implementation in a service industry. Global management under turbulent conditions peter lorange this book is about developing implementable strategies for shipping firms. The book then takes a close look at the challenge of driving ones strategy towards niches, i. The shipping industry has an impact on each and every one of us every da. Shipping strategy ltd filing history free information. He was professor of strategy at imd and held the kristian gerhard jebsen chair of. Peter, first i like to thank you for taking the time to talk to us about your experiences and your thoughts as you see strategy being influenced in shipping. Strategy implementation is a connecting loop between formulation and control. This paper examined the shipping marketing strategies within the framework of complexity theory. You try to get a longterm contract, say, with a chemical company or a trading. Semantic scholar extracted view of south african owned shipping and potential benefit for south africa. When youve been serving the shipping industry for a good 80 years. What is the number of business platforms, and interrelationship among these.
Professor of strategy and was the kristian gerhard jebsen chair of international shipping. Emergent strategy, offshore, shipping, strategy, systematic combining. Then using prevailing models in both services marketing and complexity theory, core elements like dynamic life cycle of products and industries, strategy, leadership, teamwork. In this book, peter lorange draws on his extensive experience in the shipping industry to show how companies can devise strategies for future success. Here the reader is introduced to the global nature of competition in shipping, as well as the volatility of shipping markets. Indeed, shipping plays a major role in the world economy, so much so that the modern world simply would be unimaginable to exist without it. The first type of player runs an operation in relative mass markets, e.
The latest news, videos, and discussion topics on shipping strategies entrepreneur. In the industrial shipping strategy, you get a longterm charter contract from an industrial company. Innovating for success by professor peter lorange the shipping industry has an impact on each and every one of us every day. Jul 14, in shipping strategy peter lorange draws on his extensive experience in the shipping industry to show how companies can adapt to the fastmoving and volatile world of maritime business by devising strategies for future success, including specialization and by. Shipping strategy with roughly threequarters of the earths surface covered with water, it is needless to say that shipping plays a major role in world trade. Read shipping strategy innovating for success by peter lorange available from rakuten kobo. Shipping companies can learn from the example of the progressive business leaders in other fields, capitalizing on their way to succeed and grow, by developing a dual capability to see new opportunities and to mobilize the relevant organizational resources to implement these. Shipping strategy ltd free company information from companies house including registered office address, filing history, accounts, annual return, officers, charges, business activity. Shipowners are mostly reactivemanagers and apply porters strategy of cost leadership mainly through economies of scale, cuttingdown fleets average age as. Its a good idea to look at shipping policy examples for ecommerce before landing on a final strategy for your business, especially now that shipping is so critical to consumers purchasing decisions. Shipping strategy draws upon peter loranges unique experience as an innovator in the worlds of academia and shipping. Shipping company strategies global management under turbulent conditions this book is about developing implementable strategies for shipping firms. In fact,itisoneofthemostinternationalindustries,andhasanimpacton eachandeveryoneofuseveryday. We work with you to develop bespoke analytics software.
Defining the contours ofthe strategy process field alexandria. Could you explain your second strategy, which tends to be more longterm. Lorange was formerly president of the norwegian school of management in oslo. Strategy is important in shipping because it facilitates the identification of business opportunities, gives an objective view to solve business problems, provides a framework to improve internal and external collaboration, assists in controlling business activities, minimizes negative effects when threats arise, helps make better decisions, guides effective allocation of resources. Ships transport the food we eat, the clothes we wear, the cars we drive, the materials used to build our homes, and the fuel that heats them. South african owned shipping and potential benefit for. Skaugen, farstad shipping, the torvald klaveness group and leif hoegh and co.
Dr lorange is a globalist and shipping is the most global industry of all. In shipping strategy, first published in 2009, peter lorange draws on his extensive experience in the shipping industry to show how companies can adapt to the fastmoving and volatile world of maritime business by devising strategies for future success, including specialization and innovation. Ships transport the food we eat, the clothes we wear, the cars we drive, the materials used to build our homes, and the fuel that. The paper deals with the tactics and strategies applied by global shipping companies.
Whether you need a concise briefing on a specific issue, a oneday seminar to get your team up to speed on the maritime sector, a staff training course or a partner to bring shipping expertise to your app development vision, shipping strategy can deliver the service you need. Shipping operations management ebook by 9783319623658. In shipping strategy peter lorange draws on his extensive experience in the shipping industry to show how companies can adapt to the fastmoving and volatile world of maritime business by devising strategies for future success, including specialization and innovation. Heres a roundup of examples from real life businesses. Shipping strategy ebook by peter lorange rakuten kobo. Please make sure that you have one shipping strategy as your default. The need to ensure a certain level of service with respect to higher frequency, wider. Auctionshipper packaging and shipping business plan executive summary. Shipping strategy ltd 1010 cambourne business park, cambridge, uk, cb23. In the end there is a note about the future of the container shipping industry. I think that we look at two basic focus types of businesses that act as players either in a market setting environment or in market niche environment.
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