The purpose of this paper is to help organizational and human resource leaders understand how to use storytelling to engage and align their employees around their strategic…
Abstract
Purpose
The purpose of this paper is to help organizational and human resource leaders understand how to use storytelling to engage and align their employees around their strategic planning efforts.
Design/methodology/approach
This paper lays out four guidelines organizations and human resource leaders can follow to help ensure their employees not only see the outcomes of their strategic planning efforts (e.g. strategic vision, brand positioning, mission, etc.), but also see themselves in those outcomes and, importantly, understand their role in bringing them to life.
Findings
Storytelling is the way we most naturally communicate with each other as social and interconnected human beings. And yet, many organizations and organizational leaders never consider this timeless craft of humanity in their strategic planning efforts or recognize the role it can play in engaging and aligning employees around – and ultimately, implementing – the strategic vision and brand positioning that often result from those efforts. Organizations that embed storytelling into their strategic planning efforts effectively tap into their human nature to bring more meaning, focus and productivity not only to their work, but also their workforce.
Originality/value
The concept of using storytelling to improve the impact and uptake of a company's strategic planning efforts will benefit organizational leaders and human resource executives who are responsible for the implementation of those plans and the engagement of their employees.
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Daniel Salinas and David P. Baker
Recent developments in neuroscience have generated great expectations in the education world globally. However, building a bridge between brain science and education has been…
Abstract
Recent developments in neuroscience have generated great expectations in the education world globally. However, building a bridge between brain science and education has been hard. Educational researchers and practitioners more often than not hold unrealistic images of neuroscience, some naively positive and others blindly negative. Neuroscientist looking at how the brain reacts and changes during mental tasks involving reading or mathematics usually discuss education as some constant and undifferentiated “social environment” of the brain, either assuming it to be a “black box” or evoking an image of perfect schooling and full access to it. In this review, we claim that a more productive and realistic relationship between neuroscience and the comparative study of education can be thought about in terms of the hypothesis that formal education is having a significant role in the cognitive and neurological development of human populations around the world. We review research that supports this hypothesis and implications for future studies.
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The English banking system before the Panic of 1825, apart from the Bank of England, which maintained a monopoly of joint-stock banking, was one of private partnerships both in…
Abstract
The English banking system before the Panic of 1825, apart from the Bank of England, which maintained a monopoly of joint-stock banking, was one of private partnerships both in London and in the provinces, most of which were independent unit banks. Since remittance was the principal function of country banks at this time close ties in the form of correspondent relations developed between country banks and London agents, similar to the structure prevailing in the United States later in the nineteenth century between New York and interior banks. Although efficient in the transfer of funds across space, these networks also proved to be quite efficient in the transmission of financial pressures during panics.
There has been an upsurge of interest in management training needs.However, community education has tended to be overlooked. Tied in withupsurge of interest in management is the…
Abstract
There has been an upsurge of interest in management training needs. However, community education has tended to be overlooked. Tied in with upsurge of interest in management is the interest in paid educational leave. The Baker Education Bill also has implications for community education management. The ways in which local education authorities can make an effective response to management training needs in community education and leisure are examined.
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Alan C. Porter and Francine J. Rosenberger
In this time of heightened regulatory attention to potential conflicts of interest and the transparency of transaction costs in buying and selling portfolio securities, soft…
Abstract
In this time of heightened regulatory attention to potential conflicts of interest and the transparency of transaction costs in buying and selling portfolio securities, soft dollar practices have come under intense scrutiny. Regulators are asking whether the use of soft dollars should be eliminated, while some in the investment management industry have begun to restrict their own practices or even voluntarily discontinue them. What should you be doing now? Should you be evaluating your soft dollar arrangements? Do you have effective soft dollar policies and procedures in place to maintain compliance with applicable regulatory requirements? Who are the primary beneficiaries of your soft dollar arrangements? This article outlines the background and regulatory considerations applicable to soft dollar arrangements, and discusses the issues money management firms should consider in reviewing their soft dollar practices.
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The purpose here is to show how the “shadow” economy has grown in scale and impetus in recent years, though even before modern times it has been present (e.g. the City of London…
Abstract
Purpose
The purpose here is to show how the “shadow” economy has grown in scale and impetus in recent years, though even before modern times it has been present (e.g. the City of London, Shaxson, 2011) since at least the middle ages. The reasons for this have become complicated, but we can identify some “deep structures” that are common. Firstly, “globalisation” made it easier for multinationals to escape national regulatory regimes. Secondly, one of the ways neoliberal trading regulations allowed such actors to augment their assets was by means of what they initially called “transfer-pricing” but which now is officially known as “profit shifting” through tax havens. Thirdly, the growth in international trade in legal and illegal ways caused money laundering – even by otherwise respectable banks – to grow across borders. Conversely, from the supply-side, tax haven status was increasingly accessed by jurisdictions that sought to achieve economic growth by supplying tax haven services, both Delaware and Ireland as exemplars of a “developmental” fiscal policy.
Design/methodology/approach
This paper adopts a “pattern recognition” design, an approach that is abductive, meaning interpretive, as shown in the observation that explanation can be valid or reliable without direct observation. This is shown in the indirect observation that “rain fell because the terrace has puddles” or “ancient glaciers once carved this valley”.
Findings
Reviewing the European Union’s (EU) list of non-co-operating jurisdictions in support of the OECD’s review of base erosion and profit-shifting activity, Collin concluded the EU’s listing “moved the needle” somewhat but was only a modest success. This is because of its reluctance to sanction its own members or large economies like the USA. Data on foreign direct investment and offshore banking assets suggest listed jurisdictions did not suffer notably from being named and shamed. In all cases studied, this contribution found legally damaging, fraudulent, conflict of interest and corrupt practice activities everywhere.
Originality/value
The originality is found in three spheres. Firstly, the pattern recognition method was vindicated in yielding hard to research results. Secondly, the “assemblage-thirdspace” theory was found advantageous in demonstrating the uneven geography of tax haven clusters and their common history in turbocharging economic development. Finally, the empirics showed the ruses executed by cluster members in tax havens to circumvent the law from global management consultancies to micro-firms consisting of tax lawyers and other experts interacting in knowledge supply chains of dubious morality.
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The practice of destination branding for cities has been increasingly adopted by communities of all sizes and has enjoyed success to varying degrees. The focus of many of these…
Abstract
The practice of destination branding for cities has been increasingly adopted by communities of all sizes and has enjoyed success to varying degrees. The focus of many of these branding initiatives has frequently been on the creative elements of logo, tagline, and advertising theme, with only limited consideration for the importance of generating stakeholder support and experience delivery. Active stakeholder engagement, to build the brand from the inside out during its planning process, has been shown to be an important factor in those initiatives that are considered more successful. This chapter highlights the need to engage stakeholders in the brand planning for destinations from the earliest stages. It illustrates a consultative model for destination brand planning, primary with a US case study, along with examples of some other cities.
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Sylvia C. Hudgins and Richard Gregory
The examination of the differential effects of bailout legislation on well‐capitalized versus under‐capitalized thrifts is the focus of this study. The study examines return…
Abstract
The examination of the differential effects of bailout legislation on well‐capitalized versus under‐capitalized thrifts is the focus of this study. The study examines return responses for portfolios of thrift stocks, formed on the basis of capitalization, to news events concerning bailout funding leading up to and concluding with the President's signing of the Competitive Equality Banking Act of 1987 (CEBA). The results indicate thrifts react differently to legislative news events based on their capitalization levels. This is evidenced by 1) the presence of abnormal returns for portfolios of relatively well‐capitalized and relatively under‐capitalized thrifts, 2) the trends in the size of abnormal returns across well‐capitalized (under‐capitalized) portfolios as the average level of capitalization decreases (increases), and 3) the opposite signs of abnormal returns for relatively well‐capitalized versus relatively under‐capitalized portfolios.
Darcy Fudge Kamal, Cristina Nistor and Charu Sinha
In many industries, firms collaborate as business partners, which helps them achieve superior outcomes and ensure survival in a crisis. Business relationships help companies…
Abstract
Purpose
In many industries, firms collaborate as business partners, which helps them achieve superior outcomes and ensure survival in a crisis. Business relationships help companies access limited resources, share information and build trust within the community. This paper aims to highlight the strategies that firms can use to adapt to the loss of a business partner.
Design/methodology/approach
This study considers qualitative examples from what happens when a business partner disappears in the Thoroughbred horse industry. The authors draw attention to several types of partner loss due to firm bankruptcy, owner death and strategic restructuring.
Findings
This paper proposes a framework of strategies for surviving the loss of business partners. Specifically, surviving partners may respond by strategic distancing, relationship self-repair or reconfiguration through asset purchases or mimicry by minimizing exit risks.
Practical implications
The proposed framework can be used by strategists and managers to determine a course of action when faced with the loss of a business partner. Managers can quickly respond to a partner’s exit with the appropriate action to distance their business or stabilize alternate relationships.
Originality/value
The novel framework, informed by examples from the Thoroughbred horse industry, conceptualizes an important theoretical and practical problem. This paper proposes strategies for how businesses react and adapt to survive after losing a business partner.
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In those frightening years between the two Wars and governments in France came and went with dismal frequency, it used to be said that any French Government which permitted food…
Abstract
In those frightening years between the two Wars and governments in France came and went with dismal frequency, it used to be said that any French Government which permitted food prices to rise had no chance whatever of surviving, and the result was that food was bountiful and incredibly cheap. Times have changed dramatically but not the attitude of people to the price and availibility of food and, in particular of political control; this is very much the same as always. Mostly, it revolves around the woman and what she sees as an abuse, greed and taking mean advantage of prevailing conditions and, make no mistake, this will be reflected in the political field; in the way she votes. It has happened in previous elections; it will happen in even greater degree in the next election and, although not decisive, it can have a not insignificant impact. None know better than the housewife how meaningless is the smug talk of the politicians when it comes to food prices. Their attitude may not have been the main factor in throwing out the last Conservative Government; this was undoubtedly the fear that their continuance in office would result in widespread strikes and the serious effect these upheavals have on food prices (and other household necessit ies), but the votes of woman were an unimportant contribution. As it was, it mattered little to the muscle men of the trade unions which party is in power. Women's talk around the shops and supermarket's, up and down the High Street to‐day is one long grumble and disillusionment with politicians generally.