Industrial economics advice
Our competence team for industrial economic consulting offers a scientifically based, individually scalable consulting concept for the analysis and optimization of organizational forms. We create competitive advantages for you through faster decision-making processes and higher cost efficiency.
Industrial economics advice on the analysis and optimization of organizational forms
The task
Our competence team for industrial economic consulting offers an individually scalable consulting concept for the analysis and optimization of organizational forms.
The industrial economy
Industrial economics in general is an economic approach that deals with the interaction between the market and companies and with the connection between industry structure, competitive behavior and success. This relates, for example, to a company’s price and product selection, competitive behavior and cartel agreements, market entry and exit decisions, or research and development activities.
Recognizing potential for change in the organizational structure
The solution
On the basis of Univ.-Prof. dr Wolfgang H. Schulz developed the theory of institutional role models (IRM), the relevant assignments of tasks and positions can be analyzed. The knowledge gained can be used to identify potential for change in the organizational structure and to initiate well-founded organizational development projects. In times of constantly changing market conditions, we support our customers in setting the right sails. Because the same applies to organizational development: standing still means going backwards.
Institutional Role Model (IRM)
The IRM is a dynamic model that can be adjusted according to various input factors, such as the market phase or the actors involved. The primary objective pursued by the IRM is to reduce uncertainty for all actors involved and to develop trust, common interests and cooperation. The IRM finds its origin and is based on three different disciplines: Institutional Economics, Systems Theory and Systems Dynamics. The IRM is therefore a complex structure due to the interdependent relationship between the three disciplines. This is absolutely necessary in order to adequately capture the complexity of the object to be examined and to enable non-discriminatory coordination.
Industrial economic consulting structures organizational system effectively and efficiently
The potential
The basic components of the model include the elements “roles and functions”, “actors” and “rules”. These three elements are evaluated using a numerical code and included in the algorithmic calculation. The result resulting from the calculations offers an optimal basis for structuring an organizational system effectively, efficiently and non-discriminatoryly. This enables organizations in a wide variety of subject areas to exploit their full potential.
The industrial economy
The epistemological interest of industrial economics aims at the empirically secured clarification of the diverse relationships that exist between market structure, market behavior and market results. That is why we analyze your company and your processes in three steps as part of our industrial economic consulting:
Market structure
Analysis of the existing market participants and their market shares as well as their interdependent relationships with and among each other
Market behavior
How are market participants currently behaving and according to which economic principles and maxims do they act on the market?
Market result
What economic and structural results result from the structure and behavior of the market for each individual player?
Competitive advantages through organizational consulting and organizational analysis
The implementation
Accordingly, our strategy consulting includes corporate development, the analysis of task distribution and job assignments, the acceptance, break-even, cost-benefit and value-added analysis, the initiation of change processes, market analyzes and product evaluations, capacity and resource planning, the determination of basics and – Evaluation for corporate decisions, 360 degree assessments and stakeholder analyses. We are also active in organizational consulting and organizational analysis, create mobility concepts and provide close support in project management and consulting.
The use
Through our industrial economic consulting, we generate competitive advantages for you by increasing the cooperation rent, accelerating the decision-making processes and increasing cost efficiency, increasing arbitrage profits while reducing transaction costs and optimizing agile communication processes.
Services industrial economics consulting
FAQ – Frequently Asked Questions on the topic of industrial economics consulting
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