Business Chemistry
How to Build and Sustain Thriving Businesses in the Chemical Industry
- English
- ePUB (mobile friendly)
- Available on iOS & Android
Business Chemistry
How to Build and Sustain Thriving Businesses in the Chemical Industry
About This Book
Business Chemistry: How to Build and Sustain Thriving Businesses in the Chemical Industry is a concise text aimed at chemists, other natural scientists, and engineers who want to develop essential management skills. Written in an accessible style with the needs of managers in mind, this book provides an introduction to essential management theory, models, and practical tools relevant to the chemical industry and associated branches such as pharmaceuticals and consumer goods. Drawing on first-hand management experience and in-depth research projects, the authors of this book outline the key topics to build and sustain businesses in the chemical industry. The book addresses important topics such as strategy and new business development, describes global trends that shape chemical companies, and looks at recent issues such as business model innovation.
Features of this practitioner-oriented book include:
- Eight chapters covering all the management topics relevant to chemists, other natural scientists and engineers.
- Chapters co-authored by experienced practitioners from companies such as Altana, A.T. Kearney, and Evonik Industries.
- Featured examples and cases from the chemical industry and associated branches throughout chapters to illustrate the practical relevance of the topics covered.
- Contemporary issues such as business model design, customer and supplier integration, and business co-operation.
Frequently asked questions
Part I
Strategy
- 1 Management Challenges in the Chemical and Pharmaceutical Industry
by Jens Leker and Hannes Utikal - 2 Principles of Strategy: How to Develop Strategy
by Jens Leker and Tobias Lewe - 3 Strategic Analysis: Understanding the Strategic Environment of the Firm
by Jens Leker and Manuel Bauer - 4 Management of Business Cooperation
by Theresia Theurl and Eric Meyer
1
Management Challenges in the Chemical and Pharmaceutical Industry
For time and the world do not stand still. Change is the law of life. And those who look only to the past or the present are certain to miss the future.John F. Kennedy (1917ā1963), 35th President of the United States of America
1.1 Introducing the Chemical Industry as a Source of Innovation and Prosperity
1.2 Characteristics of the Chemical and Pharmaceutical Industry
1.2.1 Product and Process Characteristics
- Continuous processes run on singleāpurpose resources, steadily producing one product and not requiring regular changeover decisions. This type of process avoids downtime and scrap. However, flexibility in applying a different feedstock and input is limited as the production line is specialized for a certain product or process. Continuous processes can typically be found at the beginning of the chemicals value chain, involving petrochemicals, basis chemicals, and bulk polymers.
- Campaign production is related to multiāpurpose assets, so that different processes and products can run on the same production resource.
- Batch production is also related to multiāpurpose resources and, in addition, is suitable for steps implying a wellādefined start, throughput, and end production time as well as the ability to customize the huge amounts of the desired product. This is typically the case in the specialty chemicals segment [5].
1.2.2 Market Characteristics
Table of contents
- Cover
- Title Page
- Table of Contents
- List of Contributors
- Preface
- Part I: Strategy
- Part II: Innovation
- Index
- End User License Agreement