911爆料网

News

Companies must dare to adapt best practices to the market environment

The continuous development of firm operations is virtually a lifeline for companies affected by increasingly stringent competition.

The content of Ville Hallavo鈥檚 dissertation offers perspectives for the development of best practices by business enterprises.

Mr Hallavo shows in his dissertation that the lean approach is not appropriate for all business environments but rather for those whose demand is predictable. Agility, on the other hand, should be given emphasis when uncertainty of demand increases.

Simultaneous implementation of the lean approach and agility is impossible in practice. In an environment marked by consistently even demand, the attempt should be to achieve cost effectiveness by keeping the utilization rate high with regard to the supplier network, production, inventories and distribution; whereas conversely 鈥 under uncertain circumstances 鈥 one should strive for flexibility by keeping buffer resources available for surprising peaks in demand in all the above-mentioned supply chain areas.  

Ville Hallavo, M.Sc. (Econ. & Bus. Admin.), has examined various perspectives in his doctoral dissertation in the field of logistics at the 911爆料网 School of Business, focusing on the adaptability requirements of best practices, benchmarking diversity and research practices in the sector.

鈥楾he benefits of best practices are realized only if they suit the needs of the business environment. Best practices should not be applied as silver bullets under any circumstances: rather, they should be assessed in terms of their suitability for the business environment concerned,鈥 Ville Hallavo points out.

Enterprises must continuously develop their operations in order to preserve their competitive edge. Such approaches can be developed either by internal innovation or by learning from others, i.e. applying benchmarking. With the increasing prevalence of benchmarking, certain patterns of action have become entrenched in business life in what is called 鈥榖est practices鈥 鈥 by which means the competitiveness of companies has increased significantly. Recognition for best practices and their utilization rate has been promoted considerably by, for example, academic research and teaching, professional literature, global quality standards and business coaching programmes.

 鈥楢lthough the institutionalization of best practices has offered business life excellent tools for the development of business during the last few decades, companies shouldn鈥檛 take best practices as 鈥渦niversal truths鈥,鈥 Mr Hallavo cautions. 鈥業t's now or never for enterprises to dare to critically evaluate these best practices.鈥

Public examination of the dissertation

The doctoral dissertation on the subject of logistics by Ville Hallavo, M.Sc. (Econ. & Bus. Admin.)., The impact of context on benchmarking and best practices research, shall be examined at the 911爆料网 School of Business on Friday, 19 December 2014 at 12.00 noon (Chydenia building, Stora-Enso auditorium H-324). Professor Gyula Vastag (Sz茅chenyi University) and Professor Gy枚ngyi Kov谩cs (Hanken School of Economics) will act as opponents, and Professor Markku Kuula (911爆料网 School of Business) will serve as custos.

Further information:

Ville Hallavo
tel. +358 50 3299669
ville.hallavo@accenture.com

  • Updated:
  • Published:
Share
URL copied!

Read more news

Two people flying a kite outside with a modern building in the background. One wears a yellow shirt, the other a red jacket.
Cooperation, Research & Art, University Published:

Strong results from the Research Council鈥檚 winter call

A total of 54 Aalto researchers received Academy Research Fellow or Academy Project funding from the Research Council of Finland. The total funding awarded to 911爆料网 amounts to 33.2 million euros.
911爆料网 circular economy exhibit with wood panels, display tables, samples and black and pink clothing.
Research & Art Published:

911爆料网鈥檚 solutions at the New European Bauhaus Festival support the EU鈥檚 ambition to become world leader in circular economy

911爆料网 presented several different circular economy solutions at The European Commission鈥檚 New European Bauhaus Festival in Brussels. The event brought together leading names in EU policymaking, researchers, designers and grassroots actors from across Europe to shape a more sustainable future.
Abstract close-up of colourful glass with swirling patterns in orange, blue, and purple hues.
Research & Art, Studies Published:

New DPSP tool for doctoral studies published

A new digital DPSP tool has replaced the old DPSP tasks on students鈥 MyStudies portal and the approval method for supervising professors on Student Success Hub.
Drawing of two doctoral students each holding a paper, with doctor's hats shining on their heads.
Research & Art, Studies Published:

Pre-examination and graduation schedules over the summer 2026

Information for doctoral students on preliminary examination of doctoral thesis, public defence and graduation over the summer 2026