Elevating Regional Authority: KONE Corporation's Effort to Implement Effective Regional Management

Phillip C. Nell, Rebecca Piekkari

    Research output: Other contributionEducation

    Abstract

    Kone is a large industrial corporation based in Finland, mainly producing escalators and elevators. Due to strong internationalization via acquisitions and internal growth Kone spread quickly and, today, it covers all of the important regions of the world. The case focuses on how regional management is introduced and changed over the 40-year period between early internationalization and 2008. It features differences between different regions of the world, especially between Europe and the Asia-Pacific region, as well as different approaches and problems to managing the regions. At the end of the case text period, Tarmo, a board-level director of Kone with long-standing experience within the firm, is faced with the task of analyzing how regional management has changed over time and recommending changes to the current structure. He faces the dilemma that more regional resources and decision making rights seem necessary while many in the firm fear increasing regional overhead costs and power struggles.
    Original languageEnglish
    Publication date30 Sep 2011
    Place of PublicationFrederiksberg
    PublisherCopenhagen Business School, CBS
    Number of pages25
    Publication statusPublished - 30 Sep 2011

    Bibliographical note

    CASE-Reference no. 311-202-1

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