bluuebunny/crossref_metadata_2025_split huggingface dataset:
Internationalization of emerging market firms: the case of Turkish retailers
Authors: Eren‐Erdogmus Irem , Cobanoglu Emine , Yalcın Muge , Ghauri Pervez N. 
Published: May 2010

PurposeThe purpose of this paper is to understand the internationalization process (IP) of retailing firms from emerging markets and to determine a new focus and/or modifications if necessary in the established Western‐based theories.Design/methodology/approachThe paper follows an exploratory approach utilizing qualitative multiple case studies. Data are collected through eight in‐depth interviews with senior managers of four Turkish retail firms in textile and ready‐to‐wear industry. An inductive approach is followed.FindingsIt is found that internal drivers, home and host country characteristics and matching have an impact on the IP of retail firms from emerging markets. A table is formed to compare and contrast IP in the context of developed country, emerging market, and Turkish retail firms. Also a model is proposed to understand the IP of Turkish retail firms.Research limitations/implicationsThe proposed model of IP for Turkish retail firms provides an initial point for building theory in this quite new area of research.Originality/valueThis paper is among the first attempts to study the IP of Turkish retail firms, but it does not intend to claim generalizability to all emerging country firms.
Scrap loss reduction using the 5‐whys analysis
Authors: Murugaiah Uthiyakumar , Jebaraj Benjamin Samuel , Srikamaladevi Marathamuthu M. , Muthaiyah Saravanan 
Published: May 2010

PurposeThis paper seeks to document an approach to reduce scrap losses using the root cause analysis technique in a lean manufacturing environment.Design/methodology/approachThe study uses lean manufacturing root cause problem solving (RCPS) technique. The study starts with the collection phase, followed by the analysis phase and ends with the solution phase. Supporting data are presented using a Pareto chart to prioritise wastage in order to be more focused for improvement. The Toyota Production System's 5‐whys analysis is performed to analyse the cause of wastages, to formulate and implement corrective actions.FindingsThe application of the 5‐whys analysis in a manufacturing industry (XYZ Corporation) provides a fact‐based and structured approach to problem identification and correction that not only reduces, but also totally eliminates defects. Corrective action has permanently eliminated the top defect, which is the “last piece material scratch” and this results in zero scrap thereafter. In this study it was also proven that with sound understanding of manufacturing coupled with possible solutions using the 5‐whys analysis the authors were not only able to eliminate waste, but also to do it with zero‐cost.Originality/valueThe approach documented in the paper can be extended to other areas in the manufacturing industry to help improve overall equipment efficiency, breakdown, time loss, customer complaints, etc.
Clustering of European countries based on ISO 9000 certification diffusion
Authors: Franceschini Fiorenzo , Galetto Maurizio , Maisano Domenico , Mastrogiacomo Luca 
Published: May 2010

PurposeOne of the stated goals behind the formation of the International Organization for Standardization was to develop standards to facilitate international trade in goods and services. This goal has caused different country‐group trends in the diffusion of ISO certification. The purpose of this paper is to create a taxonomy of ISO 9000 certification diffusion in Europe.Design/methodology/approachThe diffusion of ISO certificates in Europe was analyzed using the single linkage clustering algorithm. Then the features of each cluster were highlighted.FindingsEuropean nations were found to belong to three macro areas which differ for patterns of ISO 9000 certification diffusion: the constant growth area, the saturation area and the decline area.Research limitations/implicationsThe present study deals with European nations, focusing on ISO 9000 standards. Future research will be addressed toward the analysis of other standards in a wider geographical area in order to see if the results found for the European reality may be extended. In addition the outcomes of such analysis may be used to enhance the existing models for the diffusion of ISO 9000 certification.Practical implicationsThe analysis of the evolution of the certification market may arouse the interest of both companies and certification bodies that, from this study, may gain an insight into the future possible demand of certification. Furthermore, this study can be interesting from a legislature point of view, providing an answer to a more general question: “What is the general life cycle of standards or regulations?”Originality/valueThe novelty of the paper is the clustering approach that allows the grouping of different nations according to similar diffusion dynamics.
Reliability assessment for one‐shot product with Weibull lifetime components
Authors: Pan Chung‐Chu , Chu Liou 
Published: May 2010

PurposeIn daily life, many products, such as light bulbs, fuses, dry batteries, fireworks, semiconductors, are non‐repairable. The non‐repairable products are usually referred to as one‐shot products, or as failed products that are not worth repairing. A one‐shot product is usually required to perform a function once only since its use is normally accompanied by an irreversible reaction or process, e.g. chemical reaction or physical destruction. However, most one‐shot products being stored or deployed are usually not under continuous surveillance. The failed products can only be found by inspection or at the beginning of operation. Therefore, this paper seeks to assess the reliability of one‐shot products.Design/methodology/approachThe study considers a series system consisting of m components with lifetime following Weibull distribution, and applies a competing failure model to investigate the proposed series system for one‐shot products. The maximum likelihood estimators (MLEs) of parameters of the Weibull distribution based on the quantal‐response data in the proposed series system are derived. The model is illustrated with a two‐component series system, and the statistical properties of the MLEs are investigated by Monte Carlo simulation under the two‐stage inspection scheme and the three‐stage inspection scheme.FindingsSimulation results reveal not only that the MLEs of Weibull parameters gradually approximate the true values of Weibull parameters under rising sample sizes, but also that the precision and accuracy of the MLEs of parameters increase with an increasing sample size. Furthermore, the standard deviations of MLEs of Weibull parameters for the two‐stage inspection scheme are smaller than those for the three‐stage inspection scheme.Originality/valueThe paper focuses on the reliability assessment of one‐shot products, e.g. firework, ammunition, airbag, injector, dry battery, with Weibull components lifetime distribution.
Arts‐based learning at work: economic downturns, innovation upturns, and the eminent practicality of arts in business
Authors: Nissley Nick 
Published: May 2010

PurposeThis article offers an up‐to‐date overview of the emergent practice of arts‐based learning in business. First, arts‐based learning is situated within the broader arts in business context as well as our present reality of the economic downturn. Then, the article shares why arts‐based learning has emerged as a new pedagogy in management education. Next, a working definition of arts‐based learning is shared as well as an exploration of how others are conceiving it. Lastly, the article turns attention to the question, what are the strengths and limitations of arts‐based learning, and suggests a couple leading‐edge management education programs that are framed by arts‐based learning approaches.Design/methodology/approachIn addition to the author's expertise in arts‐based learning and his role as executive of one of the world's premier institution's of arts‐based learning in management education/leadership development, the author exchanges ideas with a number of prominent business leaders, artists and respected management educators from around the globe, whose comments about arts‐based learning in business color the ideas presented in the article – adding texture and a richer perspective.FindingsThis article directly addresses what has changed since the 2005 special edition of theJournal of Business Strategy. Of course – the economic downturn. And, now, more than ever, this article asserts, that leaders are looking to arts‐inspired creativity, as a means to realize the upside of the downturn. The article asserts an integral role for the arts to play in an organization's efforts to create a culture of innovation – which is central to business strategy in the economic downturn. More specifically, the article documents how new ways of working together in business (resultant from the continued emergence and growth of the knowledge economy) will require new ways of learning how to work together. This article suggests that arts‐based learning may offer such a new way of learning how to work together.Originality/valueThis article affords the reader insights to how arts‐based learning may enable your strategic actions and the innovation upturn that you're being asked to deliver.
If InterContinental were a sound … what would it be?
Authors: Spencer Michael 
Published: May 2010

PurposeCorporate communications and music seem unlikely bedfellows. Increasingly, businesses are turning to non‐traditional methods to create competitive advantage. This case study demonstrates how such alliances can reveal new opportunities for creating sustainable differentiation in the marketplace.Design/methodology/approachThis paper examines the strategy and processes behind a specific positioning initiative undertaken by one of the global leaders in the hospitality industry. It charts its genesis, and the evolution from a simple concept into a major international initiative.FindingsAlthough interventions may start from a simple conceptual basis, in this instance the more effective use of music in hotels, this study shows how the development of a systematic, arts‐based training initiative, making direct connection with the business imperatives of a client, can prompt more exacting inquiry into established industry practice and act as a catalyst for organisational change. It demonstrates the importance of developing a shared understanding between the protagonists of the culture within which the process takes place, and how necessary it is to establish a mutually acknowledged “lingua franca” for the purposes of conceptual exchange. In this way, additional and unexpected benefits can emerge.Originality/valueMusic is acknowledged universally as having profound personal impact, but that this is generally a highly subjective experience. As this paper shows, in the light of new research into the wider context of music in society, it also presents opportunities as a catalyst for the pursuit of deeper levels of learning with value to be accrued at both corporate and personal level.
Pointing your way to success through metaphorming
Authors: Siler Todd 
Published: May 2010

PurposeOur innovation work involves unlocking the potential of individuals, teams, groups and organizations by tapping peoples' creativity and critical thinking powers through a process called Metaphorming. This paper describes how Metaphorming works to continually inspire innovative thinking. Facilitators guide participants in making and exploring symbolic models that show and describe their ideas, plans, and goals, while pointing out possibilities for achieving them.Design/methodology/approachBased on our work with businesses as diverse as building supplies, computers, consumer packaging goods, energy, environmental studies, finance, government, healthcare, insurance, lawyers & law enforcement, telecommunications, and technology‐oriented venture capital organizations, we've found that every business can benefit from all‐purpose creativity and communication tools. They help improve human communication by fostering understanding. The tools our company provides include facilitated, hands‐on workshops that incorporate arts‐based and science‐based innovation techniques to help organizations realize their goals as they “learn by doing.”FindingsThis article relates some of the tangible results our clients gained from using our tools and methods to catalyze innovations, generate new products, and develop new business solutions.Originality/valueMetaphorming offers the next generation of brainstorming tools for all aspects of business development. It enables everyone to freely create and communicate ideas, utilizing the versatile, dynamic, symbolic models they make; essentially, they “show‐n‐tell‐n‐share” their stories in effective, memorable and productive ways.
What does beauty have to do with business?
Authors: Merritt Suzanne 
Published: May 2010

PurposeTo examine how an interest in art can be harnessed to accelerate one's success as a leader of innovation.Design/methodology/approachThe introduction of eight patterns of beauty as a framework for observation and insight were found have the potential to change the way people see the world, leading to new possibilities and new business opportunities. Anecdotal evidence is drawn from case studies for consumer products organizations, such as Polaroid, public relations firms, and technology companies, participating in arts‐based training and engaging in innovation initiatives. Follow up interviews conducted by the writer confirmed new vantage points and connections acquired, as a result of the training, fostered continuous improvement in creative leadership practices.FindingsAfter five to ten years leaders continue to use methods learned in the art‐based training to generate imaginative business ideas.Originality/valueThe writer's experiential learning indicates potential and lasting impact of arts‐based training. This calls for diligent consideration of beauty as part one's professional development as a future leader of innovation in business.
Trade union strategy in Sydney's construction union: a Roman Catholic perspective
Authors: Kwai‐Sim Leung Jenny , James Kieran , Mustata Razvan V. , Giorgiana Bonaci Carmen 
Published: May 2010

PurposeThe purpose of this paper is to document key elements of union strategy at Sydney (Lidcombe) branch of Australia's Construction Forestry Mining and Energy Union (CFMEU) in an attempt to document and critique its branch level strategy in the year immediately after the removal of the Howard‐Costello Government.Design/methodology/approachA case study approach is used in analysing data obtained from internal CFMEU documents and correspondence; interviews with the New South Wales State Secretary of the CFMEU Andrew Ferguson, union organisers, one former organiser who worked for a number of years at Western Sydney but is now with a white‐collar union in the education sector, and construction workers; CFMEU official publications; news media stories and a series of building site visits. The authors use a theory framework of Roman Catholic social teaching to frame the discussions and analyze the case study findings.FindingsIn focus groups with construction workers, the authors find one challenging external constraint for the CFMEU: reaching out to and meeting effectively the needs of younger workers especially those from families hostile to unionism. However, younger workers seem to hold a mix of individualistic and collectivist philosophies. The final case shows the CFMEU organiser Tulloch to be adaptable and flexible in the heat of industrial disputation. Finally, the fact that building workers brought the asbestos issue to CFMEU's attention in the final case study shows union willingness to pursue issues not initiated by the union.Originality/valueThe paper documents the fact that the CFMEU has the ability and potential to rebuild its influence on building sites in Sydney and win further favourable outcomes for exploited and vulnerable workers within its sphere of influence. Through the theoretical framework, the authors point that as it does so it will assist in bringing to fruition the Roman Catholic social teaching that presents strong trade unions as a valid form of collective voice for workers and a way for collective and individual labour to retain in practice the dignity that God has already clothed them with.
Is the Israeli economy controlled by a tiny group of common interest members?
Authors: Ben David Nissim 
Published: May 2010

PurposeThe purpose of this paper is to illustrate the centralization of control in the Israeli economy.Design/methodology/approachThe paper uses data published by the Israeli stock market authority to identify owners holding more then 5 percent of a company's value.FindingsThe total worth of stocks traded in the Tel‐Aviv stock exchange was 690 billion shekels (about 180 billion current US dollars), while the worth of the 25 largest companies was about 479 billion shekels (69.4 percent). The party of interest holdings share in these companies was 35.2 percent (while the public share was 64.8 percent).Practical implicationsIn order to reach economic efficiency, we are willing to pay the social cost of unequal income distribution. There is no reason not to use the same logic regarding the taxing of inheritance. If it is more economically efficient, inheritance should be taxed, although it has already been taxed in the past.Social implicationsHow can we improve income distribution without levying taxes that reduce economic efficiency? The answer is high taxes on inheritance.Originality/valueThe paper suggests a practical policy to reduce inequality in Israel.
Foreign exchange risk and risk exposure in the Japanese stock market
Authors: Tai Chu‐Sheng 
Published: May 2010

PurposeWhether stock returns are linked to exchange rate changes and whether foreign exchange risk is priced in a domestic context are less conclusive and thus still subject to a great debate. The purpose of this paper is to provide new empirical evidence on these two inter‐related issues, which are critical to investors and corporate risk management.Design/methodology/approachThis paper applies two different econometric approaches: Nonlinear Seemingly Unrelated Regression (NLSUR) via Hansen's Generalized Method of Moment (GMM) and multivariate GARCH in mean (MGARCH‐M) to examine the exchange rate exposure and its pricing.FindingsUsing industry data for Japan, similar to previous studies, foreign exchange risk is not priced based on the test of an unconditional two‐factor asset pricing model. However, strong evidence of time‐varying foreign exchange risk premium and significant exchange rate betas are obtained based on the tests of conditional asset pricing models using MGARCH‐M approach where both conditional first and second moments of industry returns and risk factors are estimated simultaneously.Research limitations/implicationsThe strong empirical evidence found in this study implies that corporate currency hedging not only results in more stable cash flows for a firm, but also reduces its cost of capital, and hence is justifiable.Originality/valueThis paper conducts an in‐depth investigation regarding the exchange rate exposure and its pricing by utilizing two different econometric approaches: NLSUR via Hansen's GMM and MGARCH‐M. In doing so, a more reliable conclusion about the exchange rate exposure and its pricing can be drawn.
Risk management in electricity markets
Authors: Basterfield David , Bundt Thomas , Nordt Kevin 
Published: May 2010

PurposeThe purpose of this paper is to explore risk management models applied to electric power markets. Several Value‐at‐Risk (VaR) models are applied to day‐ahead forward contract electric power price data to see which, if any, could be best used in practice.Design/methodology/approachA time‐varying parameter estimation procedure is used which gives all models the ability to track volatility clustering.FindingsThe RiskMetrics model outperforms the GARCH model for 95 per cent VaR, whereas the GARCH model outperforms RiskMetrics for 99 per cent VaR. Both these models are better at handling volatility clustering than the Stable model. However, the Stable model was more accurate in detecting the numbers of daily returns beyond the VaR limits. The fact that the parsimonious RiskMetrics model performed well suggests that efforts to specify the model dynamics may be unnecessary in practice.Research limitations/implicationsThe present study provides a starting point for further research and suggests models that could be applied to electricity markets.Originality/valueElectricity markets are a challenge to risk modelers, as they typically exhibit non‐Normal return distributions with time‐varying volatility. Previous academic research in this area is rather scarce.
Branding of post‐purchase ancillary products and services
Authors: Baker William E. , Sciglimpaglia Donald , Saghafi Massoud 
Published: May 2010

PurposeAfter the sale of a primary product, firms often have the opportunity to sell ancillary products or services in support of the primary brand. These add‐ons or services may be offered in a generic or in a branded form. The aim of the this paper is to study the demand for add‐on services in the mobile communications industry and to detail a methodology that can be employed to make this assessment.Design/methodology/approachA field experimental design approach using two‐brand manipulations, four‐price points and six content applications was employed. The study was fielded at a mall intercept facility in a major urban center. Interviews with 389 mobile phone users between the ages 18‐31 were conducted.FindingsResults extend brand equity theory into the context of ancillary product sales and demonstrate that branded ancillary services can command a price premium and are less sensitive to price increases than unbranded alternatives.Practical implicationsGiven the growth of demand for non‐voice mobile services, proliferation of such services and the global competition in the industry, marketing managers are under constant pressure to differentiate while achieving revenue goals. This study provides a methodology for managers to calculate the price premium that branded ancillary services may provide over unbranded alternatives and, hence, estimates the worth of potential brand partnerships.Originality/valueThis study extends brand equity theory by recognizing an overlooked scenario: offering branded versus generic ancillary services after the sales of the primary products, through which firms can leverage brand equity benefits.