In June
1987, Beat Hess, head of the legal department of the world-famous Swiss electro-technical
firm BBC Brown Boveri, was about to take his family on a well-earned week's holiday to
Italy. He was suddenly told by BBC's chairman Fritz Leutwiler and chief executive Thomas
Gasser, to prepare a full draft agreement for the 'unthinkable' - negotiations for a
merger with long-time rival ASEA, the Swedish power engineering firm that had been gaining
ground on Brown Boveri ever since a new CEO, Percy Barnevik, had taken over in 1980. If it
came off, this would be me largest cross-border merger in history.
Hess was
told to go ahead with his holiday if he wanted to. but that me agreement had to be
completed by the first week in July. The handwritten draft with its coffee and suntan
lotion stains that Hess brought back from Italy was to be the basis for what has now
become a legend of corporate history.
ABB has
grown to be a world-beating engineering business, but more than that, it has become one of
me most venerated companies in the world of business.
There is
almost an ABB doctrine that fascinates business leaders and scholars around the world. Why
is ABB so interesting to managers and management gurus alike? And why has It become the
world's favourite case study?
ABB's
success, in a fiercely competitive industry, is remarkable because the company has
pioneered a new
have
stumbled, this giant has learned to dance. ABB scope and local focus, between size and
speed, and between competition and co-operation. For many it has become the role model for
me entrepreneurial, globally connected corporation of the future.
ABB: The
Dancing Giant combines an illuminating corporate story with the first Insightful analysis
of the strategies and structures that have shaped this
Heimer
take you inside Europe's most admired company and unravel the decisive factors in its
success. Granted unparalleled access to the key players in this story - Percy Barnevik and
Goran Lindahl - the authors show how a visionary business can refine the rules for an
entire industry, and pioneer the shape of our corporate futures.
"A
deeply insightful, comprehensive examination of one of the world's leading examples of the
globally connected corporation. Barham and Heimer have unlocked an important mystery for
international managers from around the world. ABB: The Dancing Giant will be must-reading
for years to come" - Douglas A. Ready, President, International Consortium for
Executive Development Research (ICEDR), Lexington, Massachusetts
"I
think it is true to say that there is no company that is more widely admired for its
business success than ABB ... above all, ABB appears to have developed a different
corporate nervous system. In true Darwinian spirit, ABB has responded in its own unique
way to the environment of global competition ... This account, drawn together by Kevin
Barham and Claudia Heimer, is certain to have wide appeal" - Sir David Barnes, Chief
Executive, ZENECA plc
"ABB
is a fascinating company, but is prone to over-simplified adulation. Barham and Heimer
provide a deeper and more comprehensive analysis, with a masterful breadth of perspective
as well as depth of detail" - Marcus Alexander, Director, Ashridge Management Centre
"ABB:
The Dancing Giant is a genuinely stimulating account of the creation and evolution of ABB
under the charismatic vision and Napoleonic energy of Percy Barnevik. The description of
ABS's sweep into the Polish market after the collapse of the socialist system is a notably
fine piece of management writing" - Professor Nigel J. Holden, Copenhagen Business
School
"I
am incredibly impressed with the scope of this work. For anyone using ABB as a business
school case, or as an exemplar in redesigning their own organization, the detail and
richness of description in this book breathe life into this icon of modem strategic
management" - Stephen Tallman, PhD, Senior Lecturer, Cranfield School of Management
"In
the world of management education, ABB is one of the most frequently quoted companies. Now
we have an accessible and fascinating account of how this uniquely innovative
multinational developed. This book contains detailed, valuable information for all those
interested in international business, as analyst or practitioner" - Chris Brewster,
Professor of International HRM, Cranfield School of Management, UK.
ISBN
0-273-62861-5; 382 PAGES