bluuebunny/crossref_metadata_2025_split huggingface dataset:
A plan for a US newspaper industry counterattack against disruptive innovators
Authors: Sterling John 
Published: January 2008

PurposeFirms offering a variety of disruptive innovations – for example, Craigslist.com – are successfully undercutting the traditional newspaper business model; this paper aims to describe a unique mode of counterattack.Design/methodology/approachThe American Press Institute (API) recognized that the transformation taking place in the newspaper industry was a textbook example of disruptive innovation, as described by strategist Clayton Christensen. Working with Christensen and his colleagues at the consulting firm Innosight, API developed a counter‐offensive program customized to the issues and changes facing newspaper companies.FindingsThe paper finds that the Newspaper Next Game Plan is essentially a strategic framework designed to enable newspaper organizations to structure and prioritize their approach to both the core business and the disruptive innovation opportunities that will drive long‐term success and growth.Practical implicationsAPI's newspaper‐centric version of the innovation methodology focuses on researching the needs, that is, the “jobs to be done,” of discrete sets of non‐users of the core products.Originality/valueThe paper offers a helpful guide for any industry beset by disruptive innovation. For the newspaper industry there is a radical lesson: serving non‐readers will require newspapers to build audiences by fulfilling “jobs to be done” that go beyond the core function of reporting the news.
The leader's dilemma agenda
Authors: Lowy Alex 
Published: January 2008

PurposeThe paper aims to analyze how the best leaders articulate a crucial issue that contains trade‐offs and risk and then blaze a new path for their group or organization. This is the “art” of dilemma management: the ability to address the shifting needs, drivers and opportunities occurring in and around the business, and then actively working to understand, defend and capitalize on them.Design/methodology/approachDilemma analysis has five steps: step 1: map the symptoms in two stages; step 2: identify the core dilemma; step 3: analyze and reframe using eight archetypal dilemmas; step 4: resolve gaps; and step 5: plan and implement.FindingsThe paper reveals that every leader needs to have a dilemma agenda. The agenda should include two categories of leadership dilemmas: direction‐setting and culture‐setting. The direction‐setting agenda defines what is of competitive strategic importance (such as, diversify or grow) while the culture‐setting agenda focuses on the values, mood and energy of the enterprise (such as emphasize a task or relationship focus).Practical implicationsTo successfully handle dilemmas, start by redefining what you mean by success itself. In place of “win”, think “understanding,” instead of “profit” think “sustainability”, and so on.Originality/valueThe paper reveals the big payoff for exploring organizational dilemmas is a more complete understanding of both sides of an issue and learning to transcend disabling impasses that are fueled by fear and ignorance.
Collaborative innovation throughout the extended enterprise
Authors: Owen Lawrence , Goldwasser Charles , Choate Kristi , Blitz Amy 
Published: January 2008

PurposeTo innovate, many high performing firms are collaborating beyond their organizations – with their extended networks of suppliers, customers, business partners and others. Such collaboration, however, is not easily accomplished. IBM Consulting offers a framework for managing these alliances – its ABCs of collaborative innovation – that can improve the chances of success. This paper aims to explore this framework.Design/methodology/approachIBM Consulting has recently completed a major study of innovation success and problems as perceived by top management. For example, they found that the strongest collaborators in a recent IBM study were also the strongest financial performers. This paper studies these firm's success factors.FindingsTo paper finds that to avoid the pitfalls of collaborative innovation, IBM Consulting's research and experience has determined that the key guiding principles are: alignment, boundaries and commitment, which they call the ABCs.Practical implicationsAlignment entails synchronizing the strategic vision and innovation goals with the implementation of these throughout the organization, focusing on collaboration both vertically and horizontally. Managing boundaries enables collaboration across organizations, establishing structures and processes regarding governance, operations and technology. Finally, an ongoing commitment is required to orchestrate and systematize collaboration for innovation throughout the organization and its extended enterprise over time.Originality/valueThe paper offers a useful top‐level review of the success factors for collaborative innovation.
Is the global financial system AML/CFT prepared?
Authors: Johnson Jackie 
Published: January 2008

PurposeTo gauge the extent to which the global financial system is anti‐money laundering (AML)/countering the financing of terrorism (CFT) prepared by analysing and comparing the AML/CFT systems of Financial Action Task Force (FATF) members with countries belonging to regional AML organisations.Design/methodology/approachMutual evaluation data of 16 FATF members and 21 non‐FATF countries is analysed and compared using Kruskal‐Wallis and paired‐t tests to determine similarities and differences across the two groups of countries.FindingsAML/CFT systems of FATF members and non‐FATF countries are poor. The lack of compliance with global AML/CFT standards leaves so many holes in these countries' regulatory, financial, and legal systems that money laundering with or without any relationship to the financing of terrorism, would be relatively easy to achieve.Research limitations/implicationsIn using an analytical approach it has been necessary to put numerical values on compliance levels used by the FATF. Given that these are very broad, substituting a single value for each compliance level will provide only a crude measure of compliance for comparisons to be made. The results should therefore be used as a guide to the ranking and compliance of countries rather than some exact measurement of compliance.Practical implicationsThere will need to be follow‐up visits to this round of mutual evaluations to evaluate country responses to their poor assessments.Originality/valuePublication of mutual evaluations by the FATF and a number of regional bodies has enabled a comparison of AML/CFT systems from countries around the world. Lack of data has not enabled this to be done before.
Stages of financial crime by business organizations
Authors: Gottschalk Petter 
Published: January 2008

PurposeThe inherent business focus of much organized financial crime has received increased attention in recent years. As organized crime receives increased attention, the corporate world of business enterprises is identified as an arena for organized crime. This paper aims to focus on the issues involved.Design/methodology/approachBased on financial crime literature, business organization literature, and stage model literature, this paper conceptualizes as stage model for organized financial crime by corporate business organizations.FindingsThe four stages are labeled agency, alliance, network, and mafia business, respectively.Research limitations/implicationsFuture research will empirically have to validate the stage hypothesis in this paper.Originality/valueThe paper develops a stage model for financial crime.
The dynamics of drug‐related organised crime and corruption in Brazil from a development perspective
Authors: de Andrade Filho Luiz 
Published: January 2008

PurposeThis essay aims to examine the relationship between socio‐economic forces and drug‐related organised crime in Brazil. It focuses on both judicial structures and social service delivery to illustrate how they impact the shaping of criminal networks – a recurrent situation in many Latin American countries.Design/methodology/approachDrawing from previous research on drug trafficking conducted for Amazonian states and the cities of Rio de Janeiro and Sao Paulo, this paper takes the viewpoint put forward by key development literature along with well established works on crime and corruption in order to conclude on interactions of important political, social and economic factors with crime.FindingsIt finds that some transformations introduced during the 1980s are a crucial element to understand the building up of criminal organisations. Furthermore, the absence of an effective judicial system, the lack of social service delivery by the government and cultural factors are central elements to take into account when seeking to address drug‐related crime.Practical implicationsA balance between positive and negative measures to combat organised crime and a better understanding of the institutional environment should be sought while designing public policies to address crime in Brazil. Moreover, further research is needed in order to gather a greater amount of reliable data, as well as an accurate appraisal of different strategies to prevent organised crime to broaden its incidence in the country.Originality/valueThe paper is a good starting point for those aiming to comprehend how organised crime operates in Brazil (and possibly in some Latin American countries).
Evolving challenges for supreme audit institutions in struggling with corruption
Authors: Kayrak Musa 
Published: January 2008

PurposeTo discuss the theoretical framework for involvement of supreme audit institutions (SAIs) in anti‐corruption struggle and their contributions in practice.Design/methodology/approachThe paper presents a theoretical and practical discussion on both direct and indirect contributions of SAIs in fighting with corruption. To this end, it covers a comprehensive analysis of SAIs in terms of separation of power, audit evidence, transparency, investigative power and accountability. Hence, cornerstone documents concerning the subject matter of the paper have been scrutinized so as to evaluate the role of SAIs in detail.FindingsActive participation of SAIs which have financial, organizational, operational and functional independence and audit mandate guaranteed by constitutions and laws is essential in order for deterring corruption by promoting accountability, openness and good governance public‐financial management. Furthermore, it is likely that SAIs detect some suspicious cases of corruption even though most of them have no power to investigate those cases.Originality/valueThe paper points out that SAIs to some extend may take part in the fight with corruption directly by detecting it beside its conventional role of deterring and preventing.
Corporate governance as a contraption of the FSA's accountability
Authors: Omoyele Olu 
Published: January 2008

PurposeOwing to the tremendously vast and unprecedented nature of the directly‐conferred statutory powers of the Financial Services Authority (FSA) (under the Financial Services and Markets Act (FSMA) 2000), there is need for ample accountability on its part. The paper aims to discuss the situation.Design/methodology/approachA critical analysis of the Combined Code on corporate governance. The paper argues in favour of obliging the FSA to adopt the Code as a way of making it accountable.FindingsIt is desirable that the FSA be accountable and that this can best be done via the imposition of corporate governance principles. The paper includes a suggestion of election of the FSA's governing board.Practical implicationsThe wider re‐drafting (and construction), by Parliament, of section 7 is the most attractive mode of enforcing corporate governance as an accountability mechanism. This is so, as it will give it far greater force than at present by creating a mandatory regime to bind the FSA in this respect. What is required, therefore, is an amendment of s. 7 of the FSMA 2000 to establish a better accountability method to be imposed on the FSA.Originality/valueThe paper proposes, for the first time, the use of corporate governance (especially the Combined Code) to ensure the accountability of the FSA. The paper is valuable to academics, postgraduate research students and legal practitioners in the area of financial services regulation, corporate law and general public body accountability. It is also useful for those interested incorporate governance and the Combined Code on corporate governance.
Workplace learning: a trade union failure to service needs
Authors: Stroud Dean , Fairbrother Peter 
Published: January 2008

PurposeThe purpose of this paper is to open up discussion about the relationship between trade unions and workplace learning.Design/methodology/approachThe paper is based on an analysis of a series of case‐studies of restructuring in the European steel industry, incorporating interviews, observation and documentary analysis.FindingsThe paper argues that trade unions often fail to address the significance of workplace learning for members, because they address workplace learning as a service. This approach fails to exploit opportunities and possibilities to extend workplace‐learning provisions, and thereby meet the wider learning and employability enhancing needs of members. The outcome is that trade union involvement in skill formation and workplace learning is marginal, and contributes to the perpetuation of traditional sector practices and regressive learning provisions.Research limitations/implicationsThe paper focuses on a discussion of trade union involvement in workplace learning in the European steel industry. The implications for workplace learning practices more generally, are limited to industries where trade unions (and companies/industry) organise in relation to training and learning agendas in similar ways – and in relation to industries undergoing similar process of restructuring and “modernisation”.Practical implicationsThe paper provides a critique of trade union service approaches to learning agendas and highlights for policy‐makers gaps in current learning provisions within industry.Originality/valueThis paper makes an original contribution to debates concerned with trade union involvement and participation in workplace learning. It focuses on workplace inequities in training provision, and the implications for the future of unions and the employability prospects of workforces within the European steel industry.
Online training: the value of capturing trainee reactions
Authors: Long Lori K. , DuBois Cathy Z. , Faley Robert H. 
Published: January 2008

PurposeDespite years of advice from researchers that trainee reactions provide training evaluation information that is of very limited use, trainee reactions remain the most commonly used measure of training effectiveness. Because the technology that supports online training facilitates the collection of trainee reaction information during and after training, organizations will likely expand their use of trainee reactions in training evaluation. Thus, the need to understand the utility of trainee reactions in online training is significant. The purpose of this study is to propose a model of trainee reactions based upon the theory of reasoned action and the technology acceptance model.Design/methodology/approachThe model was tested using students participating in online training courses provided by a large landscaping company based in the USA.FindingsAnalyses provided partial support for the model. Findings include a negative relationship between computer anxiety and pre‐training motivation, a positive main effect on perceived effort for both pre‐training motivation and trainee reactions, and a positive relationship between trainee reactions and intent to take future online courses.Research limitations/implicationsThe generalizability of the results of this study is limited due to the use of student subjects. Also, a small sample size limited the ability to test the full model using path analytic testing.Originality/valueThese results provide meaningful guidance both for researchers and for practitioners responsible for the design and implementation of online training courses.
Interim reflections on the corporate university and SME academy business development innovation and its diffusion
Authors: Dealtry Richard 
Published: January 2008

PurposeThe purpose of this paper is to reflect on and inform about learning points from ECUANET, a two‐year duration best practice action research and transnational networking project as it approaches its final stage.Design/methodology/approachThe paper explicates the key positive and obfuscating dynamics that the project team have had to, and will have to conjure with, in reaching its recommendations about the evolution of best practice in corporate university and enterprise academy design and management. The project partners have operated a voluntary or self selection process in their recruitment of corporate partner organisations to participate in the project action research case study work. The research methodology was based upon the corporate university blueprint architecture and browser toolkit to provide depth in practice evidence and a searchable database for comparative case to case practice evaluation of the key performance indicators (KPIs)FindingsIt was found that the corporate university organisation and business development concept is a subject area which is either well understood by company management and education institutions or there is considerable confusion about its role and purpose. This comment does not apply comfortably and consistently universally as there are very different states of maturity, adoption and interpretation in the concept's development and practice across the world region by region. From a wide and diverse portfolio of companies and organisations who where invited to participate in the action research case studies those who accepted have one very important characteristic in common: they are all intensively engaged in managing a major innovation, i.e. they already have the commitment and fortitude to making new ideas work in practice. The experience of this project confirms that to be successful in this turbulent era of intensive new learning management, there needs to be continuous commitment to engendering innovation diffusion in both strategic and tactically inspired new learning process management. In addition it also demands serious reflection about the creative nature of the learning leadership role and also the style of its management.Originality/valueThe a priori browser based corporate university blueprint model architecture employed in the empirical case study research mode proved to have both the depth and flexibility to provide a high quality evaluative framework and capture all the dynamics relating to the key variables in good corporate university design and management. The data base of case foundation information, KPIs and best practice outcomes will be one of the most comprehensive and world class quality reference sources published to date.
The nature of randomness
Authors: Powers Michael R. 
Published: January 2008

PurposeIn this two‐part series, this paper seeks to consider certain intriguing aspects of randomness, the basic mathematical concept used to model financial risk and other unknown quantities in the physical world.Design/methodology/approachPart 1 applies concepts from quantum physics and algorithmic information theory to distinguish between knowable complexity and unknowable complexity.FindingsIn Part 1, it is found that Heisenberg's uncertainty principle can be used to provide concrete examples of random variables, and that the Kolmogorov/Chaitin notion of algorithmic complexity can be used to define the formal concept of randomness.Originality/valueThe two‐part series explores the underlying nature of randomness in terms of both its physical/mathematical properties and its role in human cognition.
Corporate hedging and risk management theory: evidence from Polish listed companies
Authors: Marek Klimczak Karol 
Published: January 2008

PurposeThis paper aims to provide a comprehensive empirical assessment of major contemporary corporate hedging theories, i.e. financial theory, agency theory, stakeholder theory and new institutional economics.Design/methodology/approachHypotheses regarding the determinants of hedging are tested on a sample of 150 companies listed on the Warsaw Stock Exchange. The panel covers a period of five years (2001‐2005). Unlike in previous research the tests are organised around theories rather than individual hypotheses. In addition to classic tests, CART analysis is used to verify hypotheses.FindingsThe results show low empirical verification of all theories considered. However, the results support some single hypotheses. Tests identified currency exposure, market‐to‐book value, IT and service sectors and size as being determinants of hedging.Research limitations/implicationsThe results provide evidence for the low usefulness of contemporary theories. New models are needed to explain hedging behaviour more accurately.Practical implicationsThe results identify characteristics shared by firms that use hedging. Companies considering implementing hedging can check whether they share these characteristics.Originality/valueThis paper adds to risk management research by providing strong empirical evidence of theory verification status. It can serve as a base for future conceptual research.
Development in Islamic banking: a financial risk‐allocation approach
Authors: Mansoor Khan M. , Ishaq Bhatti M. 
Published: January 2008

PurposeThe core objective of this paper is to direct worldwide attention towards the unparalleled development in Islamic banking, its infrastructures and supporting institutions in recent years. This paper articulates the case for Islamic banking in a very comprehensive and effective manner. It depicts Islamic banking as a growing discipline adding more ethical, competitive and diversified tools and systems into global finance. It highlights the paradigm, theory and practice, achievements, pitfalls and future prospects of Islamic banking.Design/methodology/approachThe paper deals with the Islamic paradigm of borrowing, lending and investment. It presents the conceptual model and practice of Islamic banking. It covers other related issues over the recent development of Islamic banking across the globe.FindingsThe paper observes that Islamic banking has made unprecedented progress over recent years. The Middle East, South Asia and the Indian Subcontinent have emerged as hubs of Islamic banking. Western conventional regulators and investors and other agents have also shown a greater interest in and a receptive attitude towards Islamic banking. Despite all this, Islamic banking has been facing some core problems and challenges that will have deep impacts on its future growth and development.Research limitations/implicationsThe paper deals with concepts, information and other facts on Islamic banking that are not supported by any statistical analysis and empirical evidence. Thus this paper may be regarded as being subjective in its real essence.Originality/valueThe paper educates Western market players about Islamic banking tools and systems in their own language so as to bridge the gap between conventional and Islamic banking disciplines. It suggests that Islamic banking is an equity‐based system with conventional features. It makes an important point – that the main players from both the Islamic and conventional streams have a good opportunity to pool their expertise and resources to come up with better solutions in business, investment and finance.