SAM ADVANCE MANAGEMENT JOURNAL (AMJ)

VOL. 64, NO.1, Winter 1999

Are Joint Ventures Losing 4
Their Appeal in China?
Joint ventures were the entry device of choice for
many foreign companies eager to participate in new
opportunities in China. Although in theory having a
domestic partner would counter many of the ob-
stacles and disadvantages of trying to operate in a
very foreign environment, infact, many if not most
joint ventures have been disappointing. A major
reason is that the objective of the foreign partner is
usually very different from that ofthe domestic
partner. Following certain guidelines can help the
chance of success, however, and signs of change in
China's business and political environment may
make joint ventures less necessary in the future.
Yim Yu Wong, Thomas E. Maher, Richard A.
Jenner, Alien L. Appell and Len G. Hebert

Offshore Trusts for Asset 13
Protection
In this day of omnipresent computers and data hanks,
protecting the privacy of your financial asset informa-
tion becomes increasingly difficult. Maintaining
privacy can be crucial in the event of lawsuits seeking
financial redress. One avenue to explore is establish-
ing an offshore asset protection trust, which is
sometimes combined with a limited partnership.
However, it is crucial that you secure expert advice
from a lawyer knowledgeable about foreign laws and
customs and that the trust is drawn up correctly. Two
states, Delaware and Alaska, now permit a type of
asset protection trust, but they may not ensure as high
a degree of privacy as an offshore trust.
Cheryl Hem

Casual Dress at Work 17
Miss Manners notwithstanding, casual dress took the
workplace by storm in the 1990s. With a more
egalitarian atmosphere and increased flexibility in
many workplaces, permission to dress in "business
casual" has increasingly been forthcoming. The
initial evidence is that work does not suffer, infact, it
seems to improve morale and encourage openness.
The degree of client contact often determines whether
a person or business can go casual, and abuse of the
privilege cause it to be revoked.
Elisa Biecher, Paul N. Keaton, and
A. William Pollman

Beyond Teams and Empower- 29
ment: A Counterpoint to Two
Common Precepts in TQM
It has seemingly been an article of faith that total
quality management required the use of teams and
the empowerment of employees. But was this based
on empirical evidence? A literature review plus case
studies of companies adopting TQM suggest not.
indeed, it can be argued that teams and individual
empowerment are antithetical, and that neither is
crucial to the successful implementation of TQM.
Companies thinking of adopting TQM, which has
many successes, should take afresh look at the
underlying assumptions and the many reasons why it
does not, infact, always succeed.
Appa Rao Korukonda, John G. Watson, and
T. M. Rajkumar

Quality Implementation in 37
Small Business: Perspectives
From the Baldrige Award
Winners

Created by Congress in 1987 to spur the overall
competitiveness of U.S. industries, the Malcolm
Baldrige Quality Award program applies to small
business as well as large. Profiles of some small
business award winners and a discussion of key
areas of quality effort can help guide managers
toward quality improvement and, perhaps, an award.
The key areas are top management involvement,
focus on customer needs, employee training, empow-
erment of employees, and the generation of new
ideas.

Richard M. Hodgetts, Donald F. Kuratko, and
Jeffrey S. Hornsby

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SAM ADVANCED MANAGEMENT JOURNAL
VOL. 64 , NO. 3 , 1999

Te Competitive Advantage 4
of Intellectual Property
George R. Wagman and Stephen B. Scofield

Challenges and Trends in 9
HR/IR Programs: Bridging the
Gap for Global Competitiveness
PHILIp Benham

Parent-Subsidiary Relationships 15
in Japan: Some Observations
From Financial Statement Data
Nobuaki Namiki

Potential Roles of the Human 22
Resource Management
Professional in the Strategic
Planning Process
Robert W. Rowden


Diagnosing and Making 28
Reasonable Accommodation
Under ADA for Attention-Deficit
Hyperactivity Disorder in Adults
David E. Drehmer and Helen LaVan

Emerging Opportunities in 35
Kyrgyzstan
Lilia Toktobaeva