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1 – 10 of 80Dennis Schlegel, Bernhard Rosenberg, Oliver Fundanovic and Patrick Kraus
In recent years, the robotic process automation (RPA) technology, a software-based method to automate routine tasks in business processes, has gained significant interest and…
Abstract
Purpose
In recent years, the robotic process automation (RPA) technology, a software-based method to automate routine tasks in business processes, has gained significant interest and adoption. However, many implementation projects fail and current literature lacks a synthesis and comprehensive overview of factors that challenge the implementation of RPA, have an impact on success or failure of projects, or, play an enabling role in an RPA project. Hence, the purpose of this research is to identify key factors that should be considered by organizations when conducting an RPA project.
Design/methodology/approach
The paper adopts a qualitative methodology based on data collected in a systematic literature review (SLR) and interviews with 10 RPA experts. Using inductive coding, an integrated framework of key factors is developed.
Findings
The results suggest that the key factors for a successful RPA introduction can be divided into human, organizational and technical factors. Important aspects include for example project management techniques, capabilities and skills of employees, as well as data security considerations.
Originality/value
The paper contributes to knowledge by synthesizing previously dispersed knowledge into an integrated framework, as well as by complementing previous results with new qualitative, empirical data. Additionally, the RPA-specific factors are put into the perspective of persistent problems in information systems development.
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Patrick Kraus, Elias Fißler and Dennis Schlegel
In recent years, the robotic process automation (RPA) technology has increasingly been used to automate business processes. While a lot of research has been published on the…
Abstract
Purpose
In recent years, the robotic process automation (RPA) technology has increasingly been used to automate business processes. While a lot of research has been published on the potential and benefits of the technology, only a few studies have conducted research on challenges related to RPA adoption. Hence, this study aims to identify and discuss challenges related to RPA implementation projects.
Design/methodology/approach
Following an inductive methodology, interviews have been conducted with consultants who were involved in multiple RPA implementation projects. Hence, their extensive experience and views contribute to a detailed and in-depth understanding of the phenomena under research.
Findings
The results suggest that there are various process-related, technical, resource-related, psychological and coordinative challenges that must be considered when conducting an RPA implementation project.
Originality/value
This paper contributes to knowledge by presenting a new typology of challenges, as well as providing an in-depth discussion of the individual challenges that organizations face.
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Patrick Kraus, Peter Stokes, Neil Moore, Ashok Ashta and Bernd Jürgen Britzelmaier
Elite interviewing is a well-established area of interview research methods. Nevertheless, the actual casting of an “elite” has been generally conducted in a prima facie or broad…
Abstract
Purpose
Elite interviewing is a well-established area of interview research methods. Nevertheless, the actual casting of an “elite” has been generally conducted in a prima facie or broad manner. A consideration of entrepreneurs and owner-managers as “elites” has been less profiled and received less attention, therefore the paper views the entrepreneurs and owner-managers as constituting a form of “local elite” within given and varying sectorial, regional and community boundaries. The authors argue that a consideration of entrepreneurs as “local elites” and transferring knowledge from an elite interviewing perspective may strongly support scholarly research in the entrepreneurship field.
Design/methodology/approach
The study conducts a comprehensive narrative literature review of elite interviewing literature and transfers key methodological insights to the entrepreneurship field. The methodological contribution based on literature is complemented by experiences and observations from an extensive inductive interview study with over 30 entrepreneurs of German manufacturing Small and Medium-sized Entities (SMEs) and are used to reflect on, and refine, interview research approaches with entrepreneurs.
Findings
The reflections and discussions in this paper provide valuable insights for other researchers conducting research in entrepreneurship domains regarding the power dynamics of negotiating access, procedural issues of interviews and thereby enhancing the quality of data.
Originality/value
The contribution to knowledge is mainly of a methodological nature. While the paper takes a novel act of recasting elite interviewing in the SME and entrepreneurship context, the paper methodologically contributes to the entrepreneurship and elite interview literature thereby facilitating higher quality interviews.
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Patrick Kraus, Julian Kappl and Dennis Schlegel
Due to the disruptive nature of digital transformation, firms can hardly ignore the further digitalisation of processes and business models. Implementing such initiatives triggers…
Abstract
Purpose
Due to the disruptive nature of digital transformation, firms can hardly ignore the further digitalisation of processes and business models. Implementing such initiatives triggers enormous investments in infrastructure and software, making the evaluation of digital investments crucial for a firm’s competitive situation.
Design/methodology/approach
Given the dynamics and uncertainties inherent in digital transformation, a qualitative, inductive research approach based on semi-structured interviews with high-level finance executives has been employed.
Findings
Our findings indicate widespread dissatisfaction with traditional investment appraisal methods for evaluating digital investments. Data also suggest that non-financial considerations are frequently taken into account, albeit implicitly, as participants struggled to clearly conceptualize these criteria.
Originality/value
The literature indicates important research gaps regarding the applicability and usage of traditional, predominantly financial, investment appraisal methods in digital contexts. This research enhances our understanding of digital investment evaluation, by (i) developing an exploratory conceptual framework of potential qualitative evaluation criteria and (ii) providing an in-depth and detailed understanding of the barriers to implementing investment appraisal methods.
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Dennis Schlegel and Patrick Kraus
Digital transformation of organizations has major implications for required skills and competencies of the workforce, both as a prerequisite for implementation, and, as a…
Abstract
Purpose
Digital transformation of organizations has major implications for required skills and competencies of the workforce, both as a prerequisite for implementation, and, as a consequence of the transformation. The purpose of this study is to analyze required skills and competencies for digital transformation using the context of robotic process automation (RPA) as an example.
Design/methodology/approach
This study is based on an explorative, thematic coding analysis of 119 job advertisements related to RPA. The data was collected from major online job platforms, qualitatively coded and subsequently analyzed quantitatively.
Findings
The research highlights the general importance of specific skills and competencies for digital transformation and shows a gap between available skills and required skills. Moreover, it is concluded that reskilling the existing workforce might be difficult. Many emerging positions can be found in the consulting sector, which raises questions about the permanent vs temporary nature of the requirements, as well as the difficulty of acquiring the required knowledge.
Originality/value
This paper contributes to knowledge by providing new empirical findings and a novel perspective to the ongoing discussion of digital skills, employment effects and reskilling demands of the existing workforce owing to recent technological developments and automation in the overall context of digital transformation.
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Patrick Kraus and Bernd Britzelmaier
Sustainability has become a hot topic in business administration theory. However, there is still a lack of knowledge on how companies can manage sustainability properly…
Abstract
Purpose
Sustainability has become a hot topic in business administration theory. However, there is still a lack of knowledge on how companies can manage sustainability properly. Therefore, the purpose of this paper is two fold. First, it provides an updated discussion on the potential business case for sustainability. Second, it analyses the current state of the implementation of sustainability management in Germany.
Design/methodology/approach
Based on literature review, the paper aims to answer two research questions: are there indications for a business case for sustainability, and what is the current state of implementation of sustainability management in Germany?
Findings
A business case for sustainability seems, in principle, plausible, especially with regard to an individual company basis. The discussion of recent empirical studies in Germany may lead to the conclusion that sustainability management is not yet implemented comprehensively. Remarkably, the management control and finance departments are almost completely uninvolved in the implementation of sustainability.
Research limitations/implications
Empirical research is not provided. The paper proposes to conduct qualitative empirical studies for further research to address the research problem.
Originality/value
The paper integrates German and international literature and therefore represents a comprehensive base for further research. It also brings a number of empirical studies about the implementation of sustainability management, conducted in the German language, into the international discussion.
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Bernd Britzelmaier, Andreas Doll, Michael Häberle and Patrick Kraus
The purpose of this paper is to study the remuneration of management in the financial crisis. What are the key elements of management payment at the Euro Stoxx 50 companies, does…
Abstract
Purpose
The purpose of this paper is to study the remuneration of management in the financial crisis. What are the key elements of management payment at the Euro Stoxx 50 companies, does management remuneration comprise long-term incentives in order to overcome principal-agent conflicts and how did the financial crisis affect management payment in terms of payment elements and size?
Design/methodology/approach
Based on the Euro Stoxx 50 financial reports of the fiscal year 2009 and other documents elements and size of management payment are being analysed.
Findings
Management payment has been affected by financial crisis. Among the Euro Stoxx 50 companies management remuneration is quite heterogeneous.
Practical implications
There is still a lack of use of appropriate metrics. There are doubts whether measures like TSR really can align manager's decisions to a sustainable, long-term orientated strategy.
Originality/value
The paper gives an insight view in management remuneration at the Euro Stoxx 50 companies.
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Bernd Britzelmaier, Patrick Kraus, Michael Häberle, Benjamin Mayer and Valentin Beck
The purpose of this paper is to discuss the applicability of value based management (VBM) concepts for small to medium‐sized enterprises (SMEs) and to identify obstacles for its…
Abstract
Purpose
The purpose of this paper is to discuss the applicability of value based management (VBM) concepts for small to medium‐sized enterprises (SMEs) and to identify obstacles for its implementation. Estimating cost of capital is central to all VBM concepts, it is hence intended to critically analyse approaches that allow estimating cost of capital for non‐publicly traded firms.
Design/methodology/approach
The paper is based on literature review and a case study approach. A case study on estimating the cost of capital has been conducted with a single manufacturing firm in Germany.
Findings
VBM may provide useful management concepts for SMEs. Estimating the cost of capital has been found to be a critical element of implementing VBM concepts. Due to the absence of capital market data, cost of equity in SMEs has to be derived by means of alternative procedures. Results of a case study implicate that a combination of different methods may provide reasonable results in practice.
Research limitations/implications
The applied research approach and the heterogeneity of the SME sector do not allow generalizing the results of this research.
Originality/value
The paper addresses a major barrier for implementing VBM in SMEs. It proposes a combination of analogy and qualitative approaches for estimating the cost of equity in SMEs.
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Viviana Ploper, Rise Jones, Dana J Kraus, Annie Schmidt and Patrick Corrigan
Mental Health First Aid (MHFA) is a course meant to train participants in how to identify and respond to signs of mental disorders and crises. The purpose of this paper is to…
Abstract
Purpose
Mental Health First Aid (MHFA) is a course meant to train participants in how to identify and respond to signs of mental disorders and crises. The purpose of this paper is to conduct a qualitative study of MHFA participants to get a sense of some values and challenges associated with the training.
Design/methodology/approach
Results from an online survey of 143 participants yielded 24 discrete themes. Survey responses were gathered into a single data set and coded by two independent raters.
Findings
Themes were sorted into four categories: MHFA benefits, training limitations, challenges to MHFA, and resources that facilitate MHFA. Several benefits emerged, consistent with findings from Australian studies.
Research limitations/implications
Findings represent a sample of people who completed the program in Chicago; research needs to determine how perceived benefits and limitations vary by geographic area.
Originality/value
Findings echoed many of the benefits found in studies conducted outside the USA and can be used to further improve MHFA training as it expands in the US market.
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Alexander Neff, Patrick Weber and Daniel Werth
The initial observation of this study is the gap of research in the economic application of data spaces in wholesale. With the lowering threshold in using digital technology in…
Abstract
Purpose
The initial observation of this study is the gap of research in the economic application of data spaces in wholesale. With the lowering threshold in using digital technology in innovative services wholesale is confronted with new competition in their main business – the purchase and sale of products in large numbers. Wholesale must advance in their own business creating new digital services for their customers to stay relevant competitors in their markets.
Design/methodology/approach
The design follows an explorative, heuristic and interdisciplinary approach (social sciences and in-formation systems) of a multiple case study combining semi-structured, open and participating observation in three case studies. The cases were set in tourism, construction, as well as manufacturing and were each scientifically accompanied for more than one year during the identification of implementation of strategies for data spaces as digital entrepreneurial path.
Findings
The study shows four strategies in the implementation of data spaces in traditional wholesale. These data spaces have their focus in (1) the traded commodity with two specificities (1a and 1b), (2) the customer and (3) the cooperation of an ecosystem of companies. Each have their own challenges, chances and specifications like the data sovereignty. These strategies are embedded in the behavior of digital entrepreneurship.
Originality/value
This study accompanied and observed the entrepreneurial strategies of three wholesalers discovering new opportunities enabled via data spaces. These three strategies follow different approaches offering potentials for other wholesalers.
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