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1 – 10 of 147Scholars of leadership education have recently called for more “practice fields” that combine leadership experience with deliberate instruction, reflection, and feedback. The…
Abstract
Scholars of leadership education have recently called for more “practice fields” that combine leadership experience with deliberate instruction, reflection, and feedback. The value of experience and reflection toward leadership development is widely espoused; yet, few studies assess best practices for their integration within leadership education. Through an assessment of a curricular-based peer mentor program, this article offers a potential model for a successful leadership practice field. Based on an analysis of student feedback, several features of the program are noted for their correlation with leadership learning and developmental gains.
David Greene, Barton Clark, Cheryl Coe, Sean FitzGerald, Nancy Kowalczyk, Adam Kestenbaum, Yvette Valdez and Ashley Weeks
To discuss general legal considerations for non-US private equity sponsors who seek to market their funds to US institutional investors.
Abstract
Purpose
To discuss general legal considerations for non-US private equity sponsors who seek to market their funds to US institutional investors.
Design/methodology/approach
Explains relevant aspects of US securities laws, commodity exchange laws, pension and employee benefit plan laws, federal income tax laws, and the Foreign Account Tax Compliance Act (FATCA).
Findings
The evolving US regulatory regime necessitates careful planning and thorough knowledge of relevant laws and regulations to effect a successful US marketing effort.
Originality/value
Practical guidance from experienced investment funds and tax lawyers.
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Tim Cohen and Brian H. Kleiner
Asuccessful business is due to productive employees, especially in the hotel industry. To keep employees productive their needs must be satisfied. Effectively managing wage and…
Abstract
Asuccessful business is due to productive employees, especially in the hotel industry. To keep employees productive their needs must be satisfied. Effectively managing wage and hours is one way to do this. However, this can be challenging in the United States due to the decline in travel after September 11th. Further, laws will always be changing and policies must abide by these new rules. If management follows the regulations, it still does not guarantee unions and workers will be content. Hence, a hotels outlook on wage and hours must consider all these factors. Some choose to move workers to departments that are busy, others opt for layoffs. Perhaps the most popular trend is to mirror the competition’s policies. Whatever the method, wage and hours must be constantly analysed to ensure success in the hotel industry.
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Simon M. Smith, Gareth Edwards, Adam Palmer, Richard Bolden and Emma Watton
The purpose of this paper is to report on the experience of attempting a “collaboratory” approach in sharing knowledge about leadership development evaluation (LDE). A…
Abstract
Purpose
The purpose of this paper is to report on the experience of attempting a “collaboratory” approach in sharing knowledge about leadership development evaluation (LDE). A collaboratory intertwines “collaboration” and “laboratory” to create innovation networks for all sorts of social and technological problems.
Design/methodology/approach
The authors, alongside a variety of public and private sector organisations, created the collaboratory. Within the process, the authors collected various forms of qualitative data (including interviews, observations, letter writing and postcards).
Findings
The findings show key areas of resonance, namely, the ability for participants to network, a creation of a dynamic shift in thinking and practice and the effective blending of theory and practice. Importantly, there are some critiques of the collaboratory approach discussed, including complications around: a lack of “laboratory” (hence bringing into question the idea of collaboratory itself), and the need to further develop the facilitation of such events.
Originality/value
The originality is to ultimately question whether the network actually achieved the collaboratory in reality. This study concludes, however, that there were some distinct benefits within our collaborations, especially around issues associated with LDE, and this study provides recommendations for academics and practitioners in terms of trying similar initiatives.
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The literature demonstrates how the environment for and value of research is changing. The purpose of this paper is to explore the narratives of 30 UK researchers and academics to…
Abstract
Purpose
The literature demonstrates how the environment for and value of research is changing. The purpose of this paper is to explore the narratives of 30 UK researchers and academics to consider how they learned about the nature and value of research through the researcher development process and within this broader context of change.
Design/methodology/approach
A biographical‐narrative approach is adopted, emphasising subjective experience and meaning and how this is shaped by wider social structures.
Findings
Respondents' stories highlight the continued informality of much of the development process and how a lack of systematic support can leave much to chance, potentially undermining future views of professional development. Data from respondents across generations also enable examination of some of the changes that have taken place over time in the higher education (HE) environment and the impact this has had on individuals' understanding of research. In particular, changes such as the introduction of the Research Assessment Exercise/Research Excellence Framework appear to have had a significant – and not entirely positive – shaping influence on how individuals perceive, and experience, research and its aims, leading to an emphasis on outputs over knowledge building.
Research limitations/implications
A biographical‐narrative approach necessarily involves a smaller sample, nevertheless, shared themes were generated by this size of sample and inferences can be drawn.
Practical implications
Despite increased emphasis on research and publishing in the UK, these stories across generations suggest that training and development for researchers often remain very informal, with much left to chance. A more overt approach to researcher development, such as through a “scaffolded” learning process, in which an experienced colleague guides development activities, could help to avoid negative early experiences and increase the likelihood that individuals will develop their own sense of a “culture of developmentalism”.
Originality/value
Focusing on what individuals learn about the nature and value of research as they go through the development process adds to our understanding of researcher development and how this is situated within the wider HE context. Data from respondents across generations equally enable examination of some of the changes that have taken place over time, and how these re‐shape researcher development.
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Des Thwaites and Keith Glaister
To succeed in an industry an organization must select a mode ofstrategic behaviour which matches the levels of environmentalturbulence, and develop a resource capability which…
Abstract
To succeed in an industry an organization must select a mode of strategic behaviour which matches the levels of environmental turbulence, and develop a resource capability which complements the chosen mode. Investigates UK building societies and identifies three distinct modes of strategic behaviour. One group of societies are reactive and driven by their environment. A second group are pre‐emptive and seek to anticipate future events and prepare for them while the third group exhibit the most aggressive stance; not only do they seek to identify future scenarios, they actually work to bring these about. The groups are compared across a range of marketing and strategy variables to establish the extent to which these approaches are supportive of the selected mode of behaviour. Clear differences are apparent between the reactive and proactive groups although, surprisingly, few differences of substance are evident between the two proactive groups.
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Allyn Young′s lectures, as recorded by the young Nicholas Kaldor,survey the historical roots of the subject from Aristotle through to themodern neo‐classical writers. The focus…
Abstract
Allyn Young′s lectures, as recorded by the young Nicholas Kaldor, survey the historical roots of the subject from Aristotle through to the modern neo‐classical writers. The focus throughout is on the conditions making for economic progress, with stress on the institutional developments that extend and are extended by the size of the market. Organisational changes that promote the division of labour and specialisation within and between firms and industries, and which promote competition and mobility, are seen as the vital factors in growth. In the absence of new markets, inventions as such play only a minor role. The economic system is an inter‐related whole, or a living “organon”. It is from this perspective that micro‐economic relations are analysed, and this helps expose certain fallacies of composition associated with the marginal productivity theory of production and distribution. Factors are paid not because they are productive but because they are scarce. Likewise he shows why Marshallian supply and demand schedules, based on the “one thing at a time” approach, cannot adequately describe the dynamic growth properties of the system. Supply and demand cannot be simply integrated to arrive at a picture of the whole economy. These notes are complemented by eleven articles in the Encyclopaedia Britannica which were published shortly after Young′s sudden death in 1929.
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Ever since men began living in society, thinkers and philosophers aimed at defining the goal of human beings to attain in order to lead a good life. An individual, according to…
Abstract
Ever since men began living in society, thinkers and philosophers aimed at defining the goal of human beings to attain in order to lead a good life. An individual, according to Plato, is insufficient by himself. Such insufficiency can be overcome only when he joins with others to meet mutual needs. Society is thus a relationship of mutual co‐operation and exchange (Aristotle, Al‐Farabi). In this relationship, everybody expects that ‘justice’ should be done to ensure one's due. Therefore, justice is the supreme value of the society. A societal condition is said to be just or a good or happy one, where everybody is ensured of his due. On the other hand, an unjust or unhappy society is that where a sense of injustice or ‘feeling of deprivation’ exists. Thus justice is a guarantee for happiness and injustice becomes the cause of unhappiness. Justice and happiness are, therefore, inextricably interwoven. Good life or happiness, the universal quest of mankind, can only be achieved, said Aristotle, in a society that is based on justice.
Sherin Kunhibava, Zakariya Mustapha, Aishath Muneeza, Auwal Adam Sa'ad and Mohammad Ershadul Karim
This paper aims to explore issues arising from ṣukūk (Islamic bonds) on blockchain, including Sharīʾah (Islamic law) and legal matters.
Abstract
Purpose
This paper aims to explore issues arising from ṣukūk (Islamic bonds) on blockchain, including Sharīʾah (Islamic law) and legal matters.
Design/methodology/approach
A qualitative methodology is used in conducting this research where relevant literature on ṣukūk was reviewed. Through a doctrinal approach, the paper presents analyses on the practice of ṣukūk and ṣukūk on blockchain by discussing its legal, Sharīʾah and regulatory issues. This culminates in a conceptual analysis of blockchain ṣukūk and its peculiar challenges.
Findings
This paper reveals that digitizing ṣukūk issuance through blockchain remedies certain inefficiencies associated with ṣukūk transactions. Indeed, structuring ṣukūk on a blockchain platform can increase transparency of underlying ṣukūk assets and cash flows in addition to reducing costs and the number of intermediaries in ṣukūk transactions. The paper likewise brings to light legal, regulatory, Sharīʾah and cyber risks associated with ṣukūk on blockchain that confront investors, practitioners and regulators. This calls for deeper collaboration in research among Sharīʾah scholars, lawyers, regulators and information technology experts.
Research limitations/implications
As a pioneering subject, the paper notes the prospects of blockchain ṣukūk and the current dearth of literature on it. The paper would assist relevant Islamic capital market entities and authorities to determine the potential and impact of blockchain ṣukūk in their respective businesses and the financial system.
Practical implications
Blockchain ṣukūk will assist in addressing issues inherent in classical ṣukūk and in paving the way to innovative solutions that will facilitate and enhance the quality of ṣukūk transactions. For that, ṣukūk would require appropriate regulatory technology to address its governance and regulation peculiarities.
Originality/value
Integrating ṣukūk with blockchain technology will add value to it. The paper advances the idea that blockchain ṣukūk revolutionises ṣukūk and enhances its practice against known inadequacies.
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Adam Polnay, Helen Walker and Christopher Gallacher
Relational dynamics between patients and staff in forensic settings can be complicated and demanding for both sides. Reflective practice groups (RPGs) bring clinicians together to…
Abstract
Purpose
Relational dynamics between patients and staff in forensic settings can be complicated and demanding for both sides. Reflective practice groups (RPGs) bring clinicians together to reflect on these dynamics. To date, evaluation of RPGs has lacked quantitative focus and a suitable quantitative tool. Therefore, a self-report tool was designed. This paper aims to pilot The Relational Aspects of CarE (TRACE) scale with clinicians in a high-secure hospital and investigate its psychometric properties.
Design/methodology/approach
A multi-professional sample of 80 clinicians were recruited, completing TRACE and attitudes to personality disorder questionnaire (APDQ). Exploratory factor analysis (EFA) determined factor structure and internal consistency of TRACE. A subset was selected to measure test–retest reliability. TRACE was cross-validated against the APDQ.
Findings
EFA found five factors underlying the 20 TRACE items: “awareness of common responses,” “discussing and normalising feelings;” “utilising feelings,” “wish to care” and “awareness of complicated affects.” This factor structure is complex, but items clustered logically to key areas originally used to generate items. Internal consistency (α = 0.66, 95% confidence interval (CI) = 0.55–0.76) demonstrated borderline acceptability. TRACE demonstrated good test–retest reliability (intra-class correlation = 0.94, 95% CI = 0.78–0.98) and face validity. TRACE indicated a slight negative correlation with APDQ. A larger data set is needed to substantiate these preliminary findings.
Practical implications
Early indications suggested TRACE was valid and reliable, suitable to measure the effectiveness of reflective practice.
Originality/value
The TRACE was a distinctive measure that filled a methodological gap in the literature.
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