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This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting‐edge research and case studies.

This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.

Companies with IT at their heart are inevitably quick out of the blocks when it comes to embracing social media and Iyer et al.'s article paints a convincing picture of a firm who know precisely what they are doing. By contrast, Ainger's piece shows us that for the sector, social media usage is very much work in progress. While some initiatives will doubtless have “legs”, others may fall by the wayside. Koo et al. have produced some highly complex and exhaustive research. An article whose very title is difficult to absorb is not going to make for reading, and the findings are unremarkable but there is some interest in their use of media richness theory in relation to the research.

The paper provides strategic insights and practical thinking that have influenced some of the world's leading organizations.

The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy‐to digest format.

The purpose of this paper is to identify the circumstances that gave rise to an adverse audit opinion by a New Zealand (Christchurch) accounting firm, Hicks and Ainger, on the annual financial report of the local firm, T.J. Edmonds Ltd, in 1976. In so doing, this study revealed not only previously undocumented issues surrounding major asset purchases but also the impact of key personalities before and after the adverse opinion decision.

The study is located within the Cultural Theory of History, to theorize the narratives within the wider contextual perspective. The issues surrounding the use of memory from such interviews are also considered. The key material offered in this study is sourced from a 2015 interview with the two key audit partners in this audit engagement.

The accounting standard on depreciation at that time, SSAP 3, had not been applied properly to the accounting treatment of four helicopters for wild deer operations, purchased a week before balance date. Neither the artificial suppression of profits by this purchase decision and accounting choice nor the fall in profits nor the adverse opinion, influenced share prices or shareholder perceptions long term.

The significance of this project is that it informs the appreciation of the importance of contextual understanding of a singular adverse audit opinion.

Prominence is given in this issue to the interesting Diamond Jubilee celebration held last month in connection with the Norwich Public Library. It was a courageous but entirely proper thing to hold this celebration in war time, because although it was calculated to raise opposition from short‐sighted people, at the same time it was good policy to affirm that the Public Library is an essential part of national economy even in the greatest of wars. Excellent arguments on behalf of this last proposition were advanced at that meeting in the happy speech made by Mr. L. Stanley Jast, which we hope to see published in even fuller form sooner or later, and equally in the letter from Sir Frederic Kenyon. This gains greatly in force from the fact that Sir Frederic is not only an officer in the Army, but is, we believe, at this moment serving in France. If any of our readers have had doubts about the present seasonableness of their work, and there may conceivably be such, they may wisely ponder the letter and again take heart of grace. As for the celebration as a whole, it was, as we have said, opportune; it was also skilfully engineered and advertised, and was an undoubted success upon which the Norwich Library Committee and Mr. G. A. Stephen have every reason to congratulate themselves.

A new lass of sensors for thermal imaging and detection in the infra‐red band is emerging which exploits the pyroelectric effect in ferroelectric materials. These sensors, which are fabricated in the form of large linear or two‐dimensional arrays of detectors interfaced to a silicon readout circuit, do not require cooling for their operation, in contrast to the photon detection based thermal imagers. They thus have the potential for low cost thermal detection and imaging. This paper examines the design of these arrays and the technologies employed in their fabrication, with particular attention to their specialised packaging requirements, by reference to a range of linear and two‐dimensional pyroelectric array devices that have been fabricated in this laboratory.

The paper seeks to examine the latest stage in a process of change aimed at introducing concepts of sustainable development into the activities of the Department of Engineering at Cambridge University, UK.

The rationale behind defining the skills which future engineers require is discussed and vehicles for change at both undergraduate and postgraduate level are described. Reflections on the paradigms and pedagogy of teaching sustainable development issues to engineers are offered, as well as notes on barriers to progress which have been encountered.

The paper observes that the ability to effectively initiate a change process is a vital skill which must be formally developed in those engineers wishing to seek sustainable solutions from within the organisations for which they will work. Lessons are drawn about managing a change process within a large academic department, so that concepts of sustainable development can be effectively introduced across all areas of the engineering curriculum.

A new pedagogy for dealing with changes from the quantitative to the qualitative is required, as the paper questions where the education balance should lie between providing access to technological knowledge which can be applied to designing hard solutions, and training engineers to rethink their fundamental attitudes towards a broader, multiple perspective approach in which problem formulation and context setting play a vital role in reaching consensual solutions.

The paper reviews previously recognised key themes for engineering education for sustainable development, and proposes three further essential ingredients relating to an engineer's ability to engage in problem definition, manage change in organisations, and understand the nature of technical and business innovations.

The design of polymeric materials for microelectronic applications is based on the recognition that structural features in a polymer chain influence the physical properties of the polymer. Illustrations of structure‐property relationships are drawn from applications in lithography, dielectric interlayers and packaging. Among the properties discussed are resolution, plasma etch resistance, thermal stability, electrical properties, permeability, adhesion, mechanical properties and thermal expansion.

The purpose of this paper is to develop an investment valuation model using the mezzanine debt mechanism based on blue bonds that explicitly allude to public–private partnerships (P3s) and project finance (PF). Additionally, this study proposes the financial captured value (FCV) theory for measuring how much financial value lenders may capture by becoming sponsors through financing of sustainable infrastructure systems (SIS).

The investment valuation model was validated through the Aguas Claras wastewater treatment plant as a case study.

The empirical results show that lenders may capture financial value by converting outstanding debt into equity shares throughout the operation and maintenance stage. Furthermore, case study results provide new insights into the implications of the debt–equity conversion ratio on the relationship between the sponsors’ internal rate of return and the FCV.

The most significant limitation is the lack of primary and secondary information on blue bonds. Thus, robust statistical analyses to contrast results were not possible.

Researchers and practising professionals can improve their understanding of how mezzanine debt, P3s and PF into an investment valuation model allows financing SIS using a non-conventional financial mechanism. The recommendations will benefit both the academia as well infrastructure industry in bridging the gap between design theory and practice.

Sustainability components have not been addressed explicitly or combined in the financing’s structuring. Therefore, the investment valuation model could be considered a novel methodology for decision making related to financing and investment of SIS.

OF all trades or professions, with pretensions to some measure of specialization, if not learning, librarianship is the only one which does not make preliminary technical training an absolute condition of entrance to its fellowship. We know, from past experience, that the ranks of the library profession are filled from all sorts of sources and by all kinds of men, very few of whom can show a diploma, or any kind of certificate, beyond their own word and the testimony of interested friends, to prove that they possess any special qualification for the work. In this respect librarianship differs from every other branch of the municipal and public educational services of the country. There is no independent test of fitness applied, even for positions of great responsibility, and librarians hold tenure of their offices by means of credentials which would not be accepted in the case of most town clerks, medical officers, accountants, surveyors, schoolmasters, and even sanitary inspectors. We are assumed to possess qualifications of a profound and immense range, but, beyond the undoubted power to announce this, by means of the voices and tongues with which we are lavishly endowed, our references are, for the most part, testimonies to character and experience, rather than to scientific training and professional capacity. Mr. X. spends fifteen years in the service of the O. Public Library, which was organised by a superannuated railway guard in 1862, on lines which were, no doubt, suggested by his former experience in dealing with parcels, passengers, and other luggage. This system has the merit of being based upon the science of Mathematics, because number is the main factor relied upon in every department, and for every purpose. It may, possess, moreover, an elementary relationship to the science of literature by making some use of the ordinary English alphabet, and so we have a combination of letters and numerals which is satisfactory evidence that the librarian was no fool, although he was only a railway guard. His literary methods are, therefore, of the A, B, C, 1, 2, 3. type, and all his assistants are carefully trained in the art of preserving bibliographical order by observing that 5 comes between 4 and 6, and q after p. Now, the assistant who has been brought up in this kind of library may have 15 years' so‐called experience behind him to which he can proudly refer, when applying for a chief post, and there is nothing on earth to show that he does not know absolutely everything about literature, bibliography and library methods—ancient and modern, retrograde and advanced, childish and scientific, or that he is not, in every sense of the word, a Complete Librarian. Indeed, the possession of such an imposing qualification as Fifteen Years' Experience is enough to intimidate any ordinary committee who have no standards by which to compare such a phenomenon. There is no standard by which we can at present judge the qualifications of any librarian, unless he is ass enough to reveal his shortcomings by writing books and papers, and what is really happening every day is simply that appointments are being made on the successful candidate's own valuation of his fitness. He is not tested as regards his professional ability at all, and library authorities are driven to appoint men who have had a long term of experience, no matter how elementary or antiquated it may be. They cannot do anything else in the absence of proper training schools, and certificates of special knowledge, issued by independent and impartial examining bodies. It is quite common to hear librarians boasting about their ten, twenty, or thirty years of experience, who would be sorely put to it to answer intelligently any ordinary question in English literature, systematic classification, or bibliography. These men have managed to establish a kind of freehold for mere experience, minus every other qualification, and it is their continuance in office which has prevented Public Libraries from being more liberally recognised by both State and local authorities. This absurd substitution of mere experience in feeble and unworthy methods, for systematic training in the higher departments of librarianship, has produced a race of self‐sufficient librarians—inferior in general intelligence to commercial clerks and shopmen—who have succeeded, by their narrow‐minded mal‐administration and absence of culture, to thoroughly eradicate any little scrap of confidence in the Public Library idea originally cherished by the people. It is fashionable among those gentlemen to blame parliamentary and municipal stinginess and indifference, as the sole causes of the inadequate financial provision to be squeezed out of a 1d. rate. They can account for everything on this theory—small salaries, invisible book‐funds, poor buildings equipped with inferior furniture, and so on—forgetting, in their inflated self‐sufficiency, how much of this neglect and indifference is due to their own ignorance and failure to interest either people or governors. The argument that everything must wait till the penny rate is abolished is the refuge of everyone who has failed to realize the important fact that, if recognition is wanted, it must be worked for. It may be taken as pretty conclusive that the failure of Public Libraries to obtain greater support from the people and Parliament is due largely to an all‐round failure to meet public needs in a thoroughly efficient manner. It matters not if some twenty or thirty places are managed on business‐like and scientific lines. They cannot influence other places at a distance, scattered all over the Kingdom to the number of 450, and inaccessible in other respects to the reformative effect of a good example. There are plenty of superior, cock‐sure librarians going about, with all the authority conferred by twenty years' experience—and nothing else—telling the people that the utmost degree of accomplishment to be had for a penny has been reached. This alone is enough to counteract the good work of fifty well‐managed libraries. The people say to themselves, “If our library represents all we can get for a penny, and our librarian is the sort of man we may expect in the future, what's the good of paying more for a double dose of the same kind of outfit?”

In the second edition of Greenwood's “Public Libraries,” 1887, p. 137, there is a description of the Dent Indicator, from which it may be gathered that such an indicator was actually constructed. The inventor, however, is of opinion that his idea never got so far as realization in material form, though there can be hardly any doubt that Mr. Dent's indicator is the first to combine indicating with charging, and that it suggested several succeeding devices. His account of it is interesting, as it mentions the existence of an early form of card indicator which has since been reinvented in various styles. “A certain Mr. Christie, Librarian of the Constitution Hill Branch Library (Birmingham), about 1868, constructed a small rack with cards bearing the titles of a selection of the books in history, science, &c, open to the public, and the presence of one of these tickets in the rack indicated that the book was ‘in.’ If anyone wished to take one of the books thus shown, he lifted the ticket out of the rack (there was no glass in front) and handed it to the attendant who put it in a box till the book came back, and then replaced it almost anywhere in the rack. This gave me an idea that the cumberous system of day‐book, posting‐book, and constant piles of books to be marked off as returned might be done away with, if tickets in a rack representing every number in the library were substituted for book‐entry, &c.” Mr. Dent's improvement upon this idea consisted in the provision of a series of numbered shelves in columns, with spaces between to take the borrowers' cards when the books were out. The back of the borrower's card was to be ruled to allow of numbers and dates being pencilled thereon, and, of course, the presence of a borrower's card under a number indicated a book “ out.”