bluuebunny/crossref_metadata_2025_split huggingface dataset:
Strategic human resource utility analysis
Authors: Rowold Jens , Mönninghoff Martina 
Published: January 2007

PurposeAs the implementation and acceptance of utility analyses are afflicted by several problems, this paper sets out to describe how to circumvent these problems by implementing a new framework for utility analysis.Design/methodology/approachThe HC BRidge™ model, developed by Boudreau and Ramstad, was implemented to determine the utility of assessment centers within a call center company.FindingsThe results demonstrate the utility of the assessment centers and the usefulness of the HC BRidge™ model.Research limitations/implicationsFuture research should clarify under which conditions human resource specialists can communicate effectively and reach an optimal decision within the HC BRidge™ model of utility analysis.Practical implicationsIt is highlighted how human resource experts can assist in using utility analyses (as a component of HR strategy) for decision‐making processes concerning limited organizational resources.Originality/valueTo demonstrate the usefulness and value of the HC BRidge™ model for both researchers and practitioners.
Conceptualizing and measuring the economic value of human capital of the third kind
Authors: Flamholtz Eric 
Published: January 2007

PurposeThe purpose of this paper is to deal with the conceptualization and measurement of the economic value of what we have termed “human capital of the third kind”, i.e. corporate culture. It also seeks to draw upon empirical research from the field of culture management to show how the economic value of human capital of the third kind can be measured.Design/methodology/approachThe paper presents a theoretical framework as well as some empirical research to show how economic value of the third kind can be measured.FindingsThis has provided a different conceptualization of human capital relevant to human resources accounting. It has presented a typology of human capital consisting of three types: the economic value of individuals; the economic value of groups or teams; and the economic value of the total human organization. The paper also summarized an empirical investigation relevant to the economic value of human capital of the third kind. The results of this empirical investigation provide support for the notion that culture, or human capital of the third kind, is a significant component of overall financial success. While the results are not completely definitive, they do provide statistically significant evidence of the impact of culture as a component of human capital. This, in turn, opens the way to a new approach to human resource accounting and value measurement.Research limitations/implicationsBased on this finding, we can conclude that human capital of the third kind (corporate culture) can be measured and that it does have a statistically significant impact upon financial performance. This opens the way to a new direction in human resource accounting.Originality/valueThis paper presents a redefinition of the overall global concept of human capital, and points the way to a new direction for future research in human resource accounting.
Stock market reactions to financial information
Authors: Wetterlind Dörner Ann 
Published: January 2007

PurposeThe purpose of this study is to examine the response of stock prices to financial announcements.Design/methodology/approachThe method used is a computer‐based content analysis of qualitative data. The data is from a Swedish real estate firm during the period 1991‐1996. The information collected and analysed comes from the company's press releases, quarterly statements and articles in the six largest business magazines in Sweden. Annual statements were excluded from the study due to the fact that the publication of these statements occurred at a point of time when the information was already reflected in the share prices.FindingsA positive correlation was found between the stock prices and the following information categories: net asset value, occupancy rates, cash flow and overall capitalisation rate. These results are compared to other studies investigating the influence of information on stock prices. The results from this study confirm previous results.Research limitation/implicationsInformation in the form of text from announcements is only one explanation of the volatility in shares. More explanations could be looked for in psychology, decision theory, prospect theory, investor relations and behavioural finance.Originality/valueThe main contribution of this study is that it supports the assumption that public financial information has an impact on stock market behaviour.
Intelligent remuneration in the knowledge economy for growth of intellectual capital
Authors: Edvinsson Leif , Camp Joachim 
Published: January 2007

PurposeThe aim of this article is to highlight some characteristics of balancing dimensions for an intelligent remuneration system in the knowledge economy; in other words, what to look for when remunerating sustainable growth of capabilities for future earnings potential (i.e. intellectual capital). The article also aims to present a supplement to the thinking regarding compensation systems.Design/methodology/approachThe article is based on and refined from a MBA thesis by J. Camp and presents a perspective on intelligent remunerations based on intellectual capital, motivational psychology and knowledge management theory.FindingsThis paper presents some aspects of an intelligent remuneration system for growth of intellectual capital by unleashing a larger potential of the human capital dimensions. In order to enhance mind value‐added by talents, enterprises need to offer their people a more sustainable remuneration on their invested personal human capital, consisting of both tangible and intangible remunerations.Originality/valueThe value of this paper is the perspective of intelligent remunerations based on connected thinking around intellectual capital, psychology and knowledge management. It will add a broadening perspective to the current thinking regarding compensation models in knowledge‐intensive firms. An intelligent remuneration system is a system that nourishes collective organizational learning and continuous renewal.
The role of mental models in innovative teams
Authors: Davison Graydon , Blackman Deborah 
Published: January 2007

PurposeThis paper aims to explore the role of mental models in knowledge development in order to demonstrate how the type and strength of the mental models held by a team contribute to its success in general and to innovation in particular.Design/methodology/approachTwo cases are analysed (a successful and an unsuccessful team) which were developed via observation and interviews. The mental models in each case were analysed to map them to the success or otherwise of the teams.FindingsThe first case demonstrates that mental models in a multidisciplinary team can provide opportunity for a shared generation of knowledge for process innovation while open to external influence. The second case demonstrates that, where there are strongly shared mental models that prevent the team from constructing an accurate picture of their present by closing out external influences and pre‐selecting desired knowledge, opportunities for innovation are shut down.Practical implicationsWhere mental models provide a sharing framework without closing out the networks and systems that sustain them, they can foster and support innovation. Managing team openness becomes a priority for supporting innovation. Team leaders will need to consider what types of mental models are developing and foster a focus on innovative outcomes and not processes. A concentration on understanding the current context via challenging given assumptions is recommended.Originality/valueThe paper offers clear, practical examples of the results of teams being encouraged to utilise open and closed systems of mental models.
E‐business in professional SMEs: the case of New Zealand
Authors: Ramsey Elaine , McCole Patrick 
Published: January 2007

PurposeThe aim of this study is to understand why some New Zealand firms in the professional services industries have been slow to embrace e‐business technologies.Design/methodology/approachThe authors employ a postal survey approach and involve a sample of 500 professional service small to medium‐sized enterprises (SMEs) in New Zealand.FindingsThe main conclusion derived from this study is that a combination of factors influences a firm's current and future level of e‐business adoption. These factors include: being able to understand potential e‐business benefits; being able to respond to customer and competitor practices; being prepared to develop staff skills and knowledge of internet‐based technologies (IBTs); and having a well justified and strategic orientation towards e‐business.Research limitations/implicationsThe research was restricted in scope to professional service sector SMEs in New Zealand. Further research is planned to provide valuable benchmarks of other country and sectoral adoption and diffusion behaviours.Practical implicationsAdopting firms must continue to extend their e‐business capabilities and levels of sophistication. The biggest challenge that lies ahead is how to change the mindset of non‐adopters and make them realise the benefits that e‐business can deliver. In the final analysis choices about new technology and the exploitation of e‐business opportunities must be owner‐manager led.Originality/valueThe contribution of this research is that the relationship between technology adoption and professional service‐sector firms in New Zealand has become better understood. Implicitly the study has revealed the factors that impact on the decision‐making processes of owner‐managers in relation to the adoption (or otherwise) of IBTs for business purposes.
Idiosyncratic portfolio characteristics of seed and venture capital funds
Authors: Erikson Truls 
Published: January 2007

PurposeThe purpose of this paper is to uncover the strategic nature of formal seed capital in Norway as opposed to equally sized venture capital firms.Design/methodology/approachAs the population of Norwegian seed capital firms is embedded in this study, a differential approach is taken when contrasting these seed capital firms with venture capital firms of approximately the same size.FindingsThe findings indicate that seed capital firms take higher market risk than their counterparts, and that they diversify to a larger extent than comparable venture capital firms. The latter appears to be a function of the former.Originality/valueThis study reviews previous categorizations of seed capital providers, henceforth building towards an overall taxonomy of seed capital.
The role of banks in the evolution of small entrepreneurial Irish firms
Authors: Ibbotson Patrick , Moran Lucia 
Published: January 2007

PurposeThe overall aim of the study was to gauge the perceptions of both small businesses and banks, as to the role of banks in the growth, development and success of small entrepreneurial Northern Irish businesses.Design/methodology/approachThe authors employed a mixed methodological approach, involving a series of focus groups and semi‐structured interviews with SMEs and staff from three leading high street banks. A follow up survey was conducted using a sample of 250 SMEs.FindingsEvidence suggests that banks in Northern Ireland have been, and continue to be very supportive to their small business client base and have played a major role in the growth and development of many of these small entrepreneurial firms. Many SMEs felt that their local branch manager was both understanding and sympathetic to their business needs.Research limitations/implicationsThe study examined the views of a relatively small sample of SMEs and bank staff. A further investigation is planned where a much larger sample will be used.Practical implicationsThe findings highlight the important role played by local branch managers in the support and development of SMEs. This is particularly important given the recent adverse publicity received by banks for “over‐charging” customers and the underlying threat faced by local bank branches.Originality/valueThe paper presents a different perspective on the relationship between banks and their small business clients, indicating that it is often positive, supportive and mutually beneficial.
Exploring succession planning in small, growing firms
Authors: Sambrook Sally 
Published: January 2007

PurposeThe paper aims to explore some of the issues in voluntary succession associated with finding and successfully developing principal successors to ensure the survival and growth of small firms. It highlights the key issues identified, including recruiting employees with potential, considering the work/career motives of potential successors and ways of transferring organisational and personal/tacit knowledge from the owner‐manager to the successor, whether an internal employee or a new purchaser. An initial, simple model is presented, identifying three types of knowledge transfer and two tiers of succession.Design/methodology/approachLiterature from entrepreneurship, organisation studies and human resourcing highlights the issues associated with succession planning. Qualitative research provides empirical data from four owner‐managers and employees.FindingsInsight into the reasons why it is difficult to plan voluntary succession are provided.Research limitations/implicationsA recognised limitation of this research is the small sample size. Further research is required to explore whether these issues – and the proposed model – are indeed relevant across other small firms, and whether there are any differences in succession planning between growth and non‐growth oriented firms, and between family and non‐family firms.Practical implicationsThe model can be used to analyse succession planning issues and develop successors.Originality/valueThe paper offers new insights into succession planning and the model provides a framework for developing successors.
Entrepreneurship education in UK business schools:
Authors: Matlay Harry 
Published: January 2007

PurposeThis paper aims to critically evaluate the conceptual, contextual and policy issues relating to the expanding field of research on entrepreneurship education in UK business schools.Design/methodology/approachThe author carried out an extensive literature review of, and a methodical evaluation of current knowledge on, topics related directly and indirectly to entrepreneurship education in UK business schools.FindingsA critical evaluation of the literature on entrepreneurship education in UK business schools highlighted a number of inherent definitional, conceptual and contextual issues relating to this area of research. Individually and cumulatively, such concerns can cast doubts upon the validity, comparability and generalisation potential of some of the research results and related hypotheses. The author calls for more empirically rigorous and comparable research that would bridge the knowledge gap that still exists between the perceptions and interests of various stakeholders in this important area of policy making. New research would offer a realistic and relevant benchmark to evaluate and inform progress in entrepreneurship education at local, regional and national levels. Furthermore, it could provide a more realistic measure of ongoing policy intervention as well as an expedient response base in a rapidly changing socio‐economic environment.Research limitations/implicationsThe evaluation and interpretation of relevant findings represent the author's own perceptions and experiences, and should, therefore, be viewed with caution. These are subject to the usual bias and singular perspective that is typically attributable to “viewpoint” papers.Originality/valueProvides an evaluation of research on entrepreneurship education in UK business schools.
Information and communications technology and industrial property
Authors: Thompson Bob 
Published: January 2007

PurposeThe purpose of this is to paper discuss the impact of information and communications technology (ICT) upon the industrial property sector through the identification of observable trends now and in the near future. The paper looks at the current ICT influences on industrial property, highlighting the nature of the impact and its implications for the sector.Design/methodology/approachThe paper draws upon the authors own experience of the industrial and IT sectors to isolate key technologies and resulting changes in the drivers of industrial property.Research limitations/implicationsThe focus of this paper is on demand side factors that affect the supply of an industrial product. The impact of ICT upon the efficiency and operation of industrial facilities themselves is excluded.Practical implicationsThrough the facilitation of changes in occupational demand, ICT has had a dramatic effect upon the industrial property sector over the last 30 years, changing the paradigms of location, structure and configuration beyond recognition.Originality/valueThe industrial property sector does often feature in discussions of the impact of ICT upon property generally. Yet of all the types of property, arguably industrial has seen the biggest quantum change over time facilitated by ICT. This article adds value to that debate through highlighting this fact.
UK call centres: crossroads of an industry
Authors: Snow Jon 
Published: January 2007

PurposeThe application of technology has shaped the call centre organisation, enabled its remote location, and allowed its swift relocation. The purpose of this practice briefing is to expose the reader to the reality that call centres are temporary employers of both human resource and property, while at the same time they are collectively one of the biggest occupiers of office space in the UK. The briefing aims to illustrate the uncertainties relating to the mobility of call centre business units and the threat to future employment posed by emerging technologies.Design/methodology/approachThis practice briefing draws upon a combination of third party research findings, other literature, and the author's experiences to illustrate the relationship between call centre employment and property requirements; the mobility of both jobs and property footprint due to the globalizing effects of high‐bandwidth communications and the development of enterprise software applications; and the potential for jobs erosion due to the “destructive” impact of new automated and self‐service customer interaction technologies.FindingsThe practice briefing acknowledges that DTI sponsored research delivers a very optimistic view of the future prospects for UK call centre employment. However, current experiences regarding offshoring and the adoption of non‐live agent means of customer interaction provide uncertainty regarding the timing and magnitude of call centre employment growth. Property investors seeking exposure to markets reliant on call centre occupiers should consider the prospect that call centre demand could disappear as quickly as it was created.Originality/valueThe footloose nature of today's call centres creates uncertainty for property investors that have, or are seeking, exposure to the UK call centre sector. This practice briefing delivers an accessible account of the operational risks that influence the stability of the UK call centre sector.
What makes al‐Qaeda a global learning network?
Authors: Harrison Matthew 
Published: January 2007

PurposeThis paper aims to reconceptualise the literature on learning organisations, fourth blueprint management and entrepreneurialism to develop the idea of a global learning network.Design/methodology/approachThis notion is used to highlight successful leadership and management practices used by a transnational organisation to respond to change in a way that fosters entrepreneurial action.FindingsThe author has identified al‐Qaeda as a pertinent and timely example through which to examine this new perspective because of its unique culture and enabling structure that encourage members to act as both “environmental scanners” and agents of influence in affecting change.Originality/valueThe al‐Qaeda case study illustrates how the four elements of metastrategic design – namely: vision, identity, configuration, and action – can operate to sustain organisational learning and renewal for more conventional transnational organisations.
How will ICTs affect our environment in 2020?
Authors: Rodríguez Casal Carlos , Van Wunnik Christine , Delgado Sancho Luis , Claude Burgelman Jean , Desruelle Paul 
Published: January 2007

PurposeThis paper aims to present the results of a research project that the Institute for Prospective Technology Studies commissioned to research the possible effects of information and communication technologies (ICT) on a set of environmental indicators in 2020.Design/methodology/approachThe project adopted an innovative methodology combining qualitative scenario‐building and quantitative modelling.FindingsThe general conclusion was that the impact of ICT is roughly between −20 and +30 percent. Therefore there are significant opportunities for improving environmental sustainability through ICTs, which can rationalise energy management in housing (or facilities), make passenger and freight transport more efficient, and enable a product‐to‐service shift across the economy.Originality/valueThe impact of ICT should accordingly be taken into account by environmental policies in order to ensure that ICT applications make a positive contribution to environmental outcomes, and, at the same time, to suppress rebound effects.
Drucker on government, politics, economics and society
Authors: Chobanyan Armen , Emblemsvåg Jan 
Published: January 2007

PurposeTo provide students, professors, political leaders, members of non‐governmental sector and economists with a review of Drucker's major works on recent changes in politics, government, society and economy.Design/methodology/approachThis article briefly illustrates and discusses Drucker's thoughts and analysis presented mainly in the booksPost‐Capitalist Society,New RealitiesandManaging in a Time of Great Change. However, reference is also made to other books and articles written by Drucker, as well as papers and books produced by other authors on his works or on subjects discussed in his works.FindingsThis article provides Drucker's views on recent changes in politics, government, society and economy, which have brought about new realities and challenges and have fundamentally transformed politics, economy and the society. Thorough considerations of these challenges would not provide fixed solutions but rather support and would enable governments, organizations and society at large to anticipate these transformations. It is believed that Drucker has made sound analyses of which one ought to take notice.Practical implicationsThis article provides a useful source of information on political and economic changes in this turbulent world and recommendations on how to anticipate these changes.Originality/valueIt is believed that this paper contains an original review of Drucker's politically oriented writings. The findings and recommendations in this article can be useful for scholars, students, politicians, economists, leaders of civil society organizations and businesses to better understand the transformations taking place in society and hence enable leaders to make better decisions.
Finding time for the future and overcoming future avoidance
Authors: Buchen Irving H. 
Published: January 2007

PurposeTo present the degree to which futurists (inadvertently perhaps) encourage future avoidance or deflection.Design/methodology/approachIdentifies instances and examples of future deflection and avoidance attributable to the misplaced zeal of forecasters.FindingsProposes five strategies futurists can use to turn avoidance into acceptance.Originality/valueTo call attention to the negative impacts of forecasters and forecasts on audiences and to suggest ways to eliminate or limit such audience alienation.