CONTENTS
Foreword = 9
Introduction = 11
The aim of the study = 11
Participants in the study = 12
European Round Table of Industrialists (ERT) = 15
Groupe ESC Lyon = 16
1 How Europeans view management = 17
The evolving European management model = 18
The challenge of change = 20
Social change = 21
The response to change = 22
2 A changing order = 25
A new world order = 26
The importance of balance = 27
Maintaining balance in turbulence = 28
3 The European view of the world = 31
Echoes of humanism = 31
Contradictions = 33
The desire to survive = 35
A summarizing view = 35
A cultural heritage = 37
4 Managing international diversity = 39
The pros and cons of diversity = 40
Who has the know-how? = 43
Understanding and respecting other cultures = 46
A 'glocal' approach to the Single Market = 50
Integrating diversity = 53
5 Social responsibility = 55
A broader purpose = 56
The company as part of society = 57
The price of a social role = 59
Links with government = 60
Long-term thinking = 62
Constraints on British firms = 64
Maintaining an equilibrium = 66
6 Internal negotiations = 67
Labour relations = 68
The northern system = 70
The Latin system = 71
The British variation = 72
Towards a more united approach = 73
7 Attitudes to human resources = 75
Japanese attitudes = 75
Contrasts with America = 76
Individuality and conformity = 77
Mistrust of authority = 78
Quality of life = 79
Learning from Japan = 80
'Female' characteristics = 81
8 Women in business = 83
Scandinavia leads Europe = 84
Ability more than ambition = 85
Glass ceilings = 86
Combining career and family = 87
A generation seeking balance = 89
'Macho' is outmoded = 89
'Equality' must mean 'equal' = 91
Ahead of the rest = 91
9 Management with leadership = 93
Management = 93
Leadership = 94
Japanese CEOs manage more than lead = 97
Systems are not enough = 99
Tools and rules = 100
Balancing systems and sense = 102
Leading and managing = 103
10 Competing worldwide = 105
Customers and quality = 106
A world outlook = 109
Global markets = 110
Not either/or, but both = 111
11 Future challenges = 113
The industry/finance interface = 114
Balancing social responsibility with competitiveness = 115
Making the most of the Single Market = 116
Building in flexibility = 116
Quality in people as well as products and processes = 117
Customer service at every level = 118
Eastern Europe = 119
12 Euromanagement skills = 121
The capacity to change = 122
An open mindset = 122
The ability to learn from others = 123
An entrepreneurial spirit = 124
Communication skills = 125
Business schools for the Single Market = 126
13 Reconciling forces = 131
A European management model = 131
Reconciling contradictory forces = 132
Appendix: The participants in the study = 135