Transition Strategies: Cases from the East German Industry

235 Pages·2002·3.87 MB·English

by  Torsten Wulf, Harald Hungenberg (auth.)

Transition Strategies
i
REGULATION THEORY: THE STATE OF ART (co-editor with Yves Saillard)
JAPANESE CAPITALISM IN CRISIS (co-editor with T. Yamada)
BETWEEN IMITATION AND INNOVATION. THE TRANSFER AND
HYBRIDIZATION OF PRODUCTIVE MODELS IN THE INTERNATIONAL
AUTOMOBILE INDUSTRY (co-editor with Elsie Charron, Ulrich Jürgens, Steven
Tolliday)
CONTEMPORARY CAPITALISM: THE EMBEDDEDNESS OF INSTITUTIONS
(co-editor with R. Hollingsworth)
AFTER FORDISM (with Jean-Pierre Durand)
STATES AGAINST MARKETS: THE LIMITS OF GLOBALIZATION (co-editor with
Daniel Drache)
THE RETURN TO INCOMES POLICY (co-editor with Ronald Dore, Z. Mars)
THE REGULATION SCHOOL. A CRITICAL INTRODUCTION
THE SEARCH FOR LABOUR MARKET FLEXIBILITY
ONE BEST WAY? TRAJECTORIES AND INDUSTRIAL MODELS OF THE
WORLD’S AUTOMOBILE PRODUCERS (co-editor with Andrew Mair, Koichi
Shimizu, Giuseppe Volpato)
Transition Strategies
Cases from the East German Industry
Torsten Wulf
Friedrich-Alexander-University, Erlangen-Nuremberg
and
Harald Hungenberg
Friedrich-Alexander-University, Erlangen-Nuremberg
© Torsten Wulf & Harald Hungenberg 2002
Softcover reprint of the hardcover 1st edition 2002 978-1-4039-0009-8
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ISBN 978-1-349-50717-7 ISBN 978-1-4039-0771-4 (eBook)
DOI 10.1057/9781403907714
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Library of Congress Cataloging-in-Publication Data
Wulf, Torsten, 1968—
Transition Strategies : cases from the East German industry / by Torsten
Wulf and Harald Hungenberg.
p. cm.
Includes bibliographical references and index.
ISBN 978-1-349-50717-7
1. Industrial policy—Germany (East)—Case studies. 2. Privatization—
Germany (East)—Case studies. I. Hungenberg, Harald II. Title.
HD3616.G42 W85 2002
388.0943'01—dc21
2002024876
10 9 8 7 6 5 4 3 2 1 9
11 10 09 08 07 06 05 04 03 02
Contents
List of Tables vii
List of Figures viii
List of Abbreviations xi
Part I The starting point 1
1 Introduction 3
2 Economic environment and starting conditions of East
German companies in 1990 13
Part II The case studies 29
3 From collective combine to global player 31
4 From state-owned enterprise to sucessful medium-sized
company 80
Part III Conclusions 169
5 A characteristic adaptation pattern of East German
companies 171
6 Success factors in the adaptation process of East German
companies 185
7 Implications for companies in economies in transition 201
Notes 206
Bibliography 220
Index 229

List of Tables
3.1 Major acquisitions of Jenoptik AG, 1992–1999
3.2 Major divestitures of Jenoptik AG, 1994–1999
vii
List of Figures
1.1 Structure of the book
1.2 Process of building theory from case study research
1.3 Framework for the analysis of organizational development
1.4 Overview of the selected companies
2.1 Characteristic planning process in the economic system of the
GDR
2.2 Characteristic organization of the economy of the GDR
2.3 Network of external relations of the collective combine VEB
Lacke und Farben
2.4 Distribution of employees of VEB Werkzeugmaschinenfabrik
Bad Düben in 1987
2.5 Deficits of state-owned enterprises under conditions of a market
economy
2.6 Vicious circles of formerly state-owned industrial companies in
East Germany
3.1 The demerger of the collective combine VEB Carl Zeiss Jena
3.2 Ownership structure before and after the demerger of Jenoptik
Carl Zeiss Jena GmbH
3.3 Sources and appropriation of funds received by Jenoptik GmbH
3.4 Organizational structure of Jenoptik GmbH in January 1994
3.5 Organizational structure of Jenoptik GmbH in 1995
3.6 Organizational structure of Jenoptik AG in 1997
3.7 Jenoptik AG, consolidated balance sheet, 1993–2000
3.8 Jenoptik AG, consolidated statement of income, 1993–2000
3.9 Jenoptik AG, key figures by divisions, 1995–2000
3.10 Structure of Deutsche Waggonbau AG in June 1990
3.11 Business areas, products and locations of Deutsche Waggonbau
AG in 1990
3.12 Business areas and products of Deutsche Waggonbau AG in 1994
3.13 Organizational structure of Deutsche Waggonbau AG in 1995
3.14 Vehicles sold by Deutsche Waggonbau AG between 1990 and
1997
3.15 Deutsche Waggonbau AG, consolidated statement of income,
1990–1997
3.16 Deutsche Waggonbau AG, consolidated balance sheet,
1990–1997
viii
3.17 Deutsche Waggonbau AG, regional distribution of revenues,
1990–1997
4.1 Employee distribution of VEB Werkzeugmaschinenfabrik Bad
Düben in 1987
4.2 Product range of Bad Düben Profilwalzmaschinen GmbH in
1991
4.3 Product range of Bad Düben Profilwalzmaschinen GmbH in
1993
4.4 Bad Düben Profilwalzmaschinen GmbH, revenue development,
1990–1997
4.5 Bad Düben Profilwalzmaschinen GmbH, development of gross
profits, 1990–1997
4.6 Bad Düben Profilwalzmaschinen GmbH, employee and
productivity development, 1990–1997
4.7 Bad Düben Profilwalzmaschinen GmbH, investments in new
machinery, equipment and process improvement, 1991–1998
4.8 Bad Düben Profilwalzmaschinen GmbH, development of sales
costs and R&D costs, 1992–1998
4.9 Revenues and revenue distribution of FAM Förderanlagen
Magdeburg GmbH, 1990–1998
4.10 Development of the employee distribution of FAM
Förderanlagen Magdeburg GmbH, 1992–1998
4.11 Employee and productivity development of FAM Förderanlagen
Magdeburg GmbH, 1990–1998
4.12 Phases in the adaptation process of FAM Förderanlagen
Magdeburg GmbH
4.13 Florena Cosmetic GmbH, revenue development, 1990–2001
4.14 Florena Cosmetic GmbH, development of net income,
1991–1997
4.15 Florena Cosmetic GmbH, employee and productivity
development, 1990–2000
4.16 Florena Cosmetic GmbH, revenue development per product
group, 1992–1997
4.17 Florena Cosmetic GmbH, revenue development domestic and
abroad, 1992–2000
4.18 Revenues and revenue development of Kathi Rainer Thiele
GmbH, 1991–1997
4.19 Development of the product range of Kathi Rainer Thiele
GmbH, 1990–1997
4.20 Employee and productivity development of Kathi Rainer Thiele
GmbH, 1990–1997
ix