The turnaround and growth of a corporate: Strategic operation of business and capital alliance among corporates

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In this research, we have conceptualized the dynamic system to establish sustainable and competitive power by pooling synergy and learning in inter-relationships of companies as LMC (Linked Management Competence). Based on this concept, we have examined how these processes that have resulted in the turnarounds and reinforcement of dynamic competences took place in several major companies in Japan and East Asian countries. More specifically, we intended to investigate the financing, global locations and logistics, HRM and operation management, and SCM of Panasonic, Mazda, Ford, Hyundai Motor and Kia Motor. It was found out that LMC concept is useful and efficient to explain how the factors of strategic competitive advantages of organizations work out in the mezzo level perspective, enhancing the power of explaining about turnaround and growth of a corporate more than merely doing it through the perspectives of network systems (macro level) or strategic alliances (micro level).