Damian Charles Hine, Helge Helmersson and Jan Mattsson
The purpose of this paper is to focus on the need in biotechnology to integrate a variety of knowledge bases to build the intellectual asset base of the commercial entity…
Abstract
Purpose
The purpose of this paper is to focus on the need in biotechnology to integrate a variety of knowledge bases to build the intellectual asset base of the commercial entity operating in the biotechnology industry.
Design/methodology/approach
The paper is based upon a single case study of a young biotechnology company, itself relying on the knowledge and expertise of four directors. To analyze the responses of the four directors to a single lead question, designed to prompt the respondents to articulate the intellectual capital they offer to the firm, this study employs a novel text analytical tool known as Perspective Text Analysis (Pertex).
Research limitations/implications
The results show the disparate nature of the individual knowledge sets in contributing to the interdisciplinary base of the firm. The combined analysis illustrates the importance of collective intellectual capital through “sustainable collaboration.”
Originality/value
This study employs a novel analytical tool to undertake an analysis of both individual intellectual capital and collective interdisciplinary contribution using data from a single question. Pertex is a valuable tool in analyzing the intentionality of a respondent by cutting through to the true essence of their response.
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Charles Hines, Jerry Kreuze and Sheldon Langsam
The purpose of this paper is to investigate the bankruptcy of Lehman Brothers, with particular focus on its use of Repo 105 transactions.
Abstract
Purpose
The purpose of this paper is to investigate the bankruptcy of Lehman Brothers, with particular focus on its use of Repo 105 transactions.
Design/methodology/approach
The use of the Lehman's bankruptcy report produced in part by Anton R. Valukas was used as a basis to explain how Lehman maintained acceptable leverage ratios through the use of Repo 105 transactions to paint a better picture of its financial position than actually existed.
Findings
The study concludes that Lehman's accounting method choice disguised its real problems, perhaps long enough for bankruptcy to become the only option.
Practical implications
Lehman's bankruptcy becomes part of a growing history of business failures where accounting principles have become the focus. The failure of Lehman reminds us that financial reporting must remain transparent, allowing users to make informed decisions with confidence.
Originality/value
This bankruptcy provides a painful reminder that financial reporting must allow users to differentiate among investment alternatives, based on the relative, factual financial position of the investment. The credibility of our reporting model is at stake.
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Deborah Smart, Lucy Jane Henshall and Libby Oldham
This chapter intends to provoke thought around assumptions about young people providing care, what influences how young carers are perceived and how stigma and judgement…
Abstract
This chapter intends to provoke thought around assumptions about young people providing care, what influences how young carers are perceived and how stigma and judgement associated with caring are discussed. We conclude by emphasising the significance of the role as an educator in creating discussion about the breadth and diversity of care experiences. This role includes both educating young people about young caring and being mindful that your students may currently be or previously been a young carer.
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This article aims to explore the impact of the Great War on the Sheffield armaments industry through the use of four company case studies in Thomas Firth, John Brown, Cammell…
Abstract
Purpose
This article aims to explore the impact of the Great War on the Sheffield armaments industry through the use of four company case studies in Thomas Firth, John Brown, Cammell Laird and Hadfields. It charts the evolving situation the armaments companies found themselves in after the end of the conflict and the uncertain external environment they had to engage with. The article also examines the stagnant nature of armaments companies’ boards of directors in the 1920s and the ultimate rationalisation of the industry at the close of the decade.
Design/methodology/approach
The research design is based around a close examination of the surviving manuscript records of each of the companies included, the records of the speeches recorded by chairpersons at annual meetings and some governmental records.
Findings
The article concludes by outlining how the end of the Great War continued to affect the industry for the following decade and the complex evolving situation with a changing external environment and continuity of management internally ultimately leading to mergers in the industry.
Originality/value
This article uses a number of underused manuscript records to examine the Sheffield armaments industry and explores the effect of a global mega event in the Great War on one of the most technologically advanced industries of the period.
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Peter Hines, Chris Butterworth, Caroline Greenlee, Cheryl Jekiel and Darrin Taylor
The purpose of this paper is to extend the People Value Stream concept further by developing a view of what the world would look like through the eyes of a positive psychology…
Abstract
Purpose
The purpose of this paper is to extend the People Value Stream concept further by developing a view of what the world would look like through the eyes of a positive psychology employee-centred lens. The authors hope to provide a frame for further discussion, research and practical application in this area.
Design/methodology/approach
In this conceptual paper, the authors draw on their collective 120 plus years of experience with Lean and Human Resource Management through leading, teaching, researching and consulting in the area.
Findings
The People Value Stream concept is extended here by ideating how the “Voice of the Employee” could be used to enhance the existing knowledge of Lean. Relying on a range of cognitive psychological theories, particularly Self-Determination Theory, the authors show how it might be possible to develop a highly engaged workforce primarily by unlocking their intrinsic motivation through a “Self-Development and Growth Cycle”. This cycle is the people-improvement version of the seminal Deming process-improvement PDCA cycle. It can be applied within a job crafting “Personal Cockpit”. The authors also highlight a range of outputs and wider implications that create a pull for team leaders and senior management wishing to move to a real Servant Leader model. It will also help those developing and supporting people-related policies and procedures both within organisations and in trade unions.
Originality/value
This paper turns the existing literature about people within Lean upside down. To the best of the authors’ knowledge, for the first time in an academic paper, it discusses what would be the implications for the Lean world if the authors truly started understanding and deploying the explicit “Voice of the Employee” rather than just the established Lean “Voice of the Owner”-led Hoshin Kanri approach. The authors show how a lack of knowledge in these areas by the Lean community is limiting Lean’s engagement of people and its sustainability.
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Amber Cheri McKinley and Samantha Jones
This study aims to view police mental and physical health and overall well-being through a victimological lens so as to attempt to prevent problems from starting or protecting…
Abstract
Purpose
This study aims to view police mental and physical health and overall well-being through a victimological lens so as to attempt to prevent problems from starting or protecting them by informing them of what may occur within their career.
Design/methodology/approach
Knowledge production within the field of police health and career implications is exponentially increasing as officers all over the world try and sometimes fail to navigate the difficulties of their complex career choice. Many of the disciplines that deal with this research are acting as silos, so there is not a lot of crossover in Australian literature. This study creates a contemporary collective of literary evidence in relation to police well-being as well as the impact of COVID on them. Creating this collective is why the literature review as a research method is critical. Traditional literature reviews can lack clear process. By using a literature review as a specific methodology, the outcome is a meticulous record of all relevant materials.
Findings
The results of this literature review identified, without bias or interpretation, many officers became disillusioned, mentally unwell and took time away from work for two main reasons: (1) for many police officers, the substantial distress from cumulative exposure to bureaucratic administration and management styles, erratic work hours and long hours of repetitive work and (2) the dangers of day-to-day policing with the presence at fatal accidents, suicides, receiving threats to life, being assaulted and gaining poor eating and drinking habits creating issues for sleep and physical health.
Research limitations/implications
For the purposes of creating a contemporary paper, the authors restricted the sample of literature to 22 years (accessing from 2,000 onward). By only selecting journals from Google Scholar, relating to specific years and drawing on search terms to limit our search, it may be perceived to have skewed the sample and the outcomes. Further work will be completed in the future to correct this.
Practical implications
Police organisations may consider altering their bureaucratic procedures and make an effort to allow officers to better self-manage minor issues. From a victimological perspective, given that police officers are more than likely to be affected by cumulative experience of traumatic events over their career, they should be taught how to lower their individual levels of stress, to practice self-care and to be able to trust that the care they seek will be readily available without judgement.
Social implications
Knowing the triggers related to police breakdown, both physically and mentally, may help intervene in the early years to prevent The extremes of policing range from being faced with overwhelming paperwork and administration to acute trauma events and can leave the officer dealing with cumulative stress in all its guises. Allowing a judgment free public debate into this issue will assist police (and other emergency service works) in the future.
Originality/value
Viewing police officers as victims of their career choice is not common and reviewing the factors that impact them on a daily basis and throughout their career is critical for both prevention and understanding. This paper has value to numerous disciplines.
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Paul Brewer, Kylie Moore and Marlene Reid
Surveys of mental health services users consistently report stigma as a major barrier to recovery. Service users from black and other minority ethnic groups, of course, suffer…
Abstract
Surveys of mental health services users consistently report stigma as a major barrier to recovery. Service users from black and other minority ethnic groups, of course, suffer double discrimination. This article describes a pilot project in which service users and staff from two voluntary sector organisations organised an awareness‐raising event for pupils in an inner city school to challenge and inform them about mental illness.
Andika Rachman and R.M. Chandima Ratnayake
A systematic literature review is performed to reveal the state-of-the-art in the implementation of lean principles in the petroleum industry. This paper aims to generate a…
Abstract
Purpose
A systematic literature review is performed to reveal the state-of-the-art in the implementation of lean principles in the petroleum industry. This paper aims to generate a conceptual framework and reveal research gaps with respect to lean concept application in the petroleum industry.
Design/methodology/approach
After formulating research questions, the search strategy is generated, followed by data extraction, literature review and synthesis of the results. The search covers any studies in peer-reviewed scientific journals and conference proceedings in the period 1990-2017 that discuss the implementation of the lean concept in the petroleum industry.
Findings
The lean concept has been used to improve operational and technical aspects, contractor/supplier relationships, team organization and project management practice in the petroleum industry. Based on the literature review, a conceptual framework is generated comprising four main elements: leadership and commitment from management, employee involvement, cooperation and trust with contractors/suppliers and lean project management. These elements are the pillars that are founded on lean philosophy and principles to support technical/operational improvement in the organization. The types of literature identified indicate that the subject of the study is still immature.
Research limitations/implications
This study focuses only on the upstream sector of the petroleum industry, which restricts the generalizability of the results to midstream and downstream businesses.
Practical implications
This paper provides knowledge and information regarding the current state of lean implementation in the petroleum industry. The developed conceptual framework provides general guidance for practitioners regarding lean implementation in the petroleum industry, and is also expected to support research on theory building.
Originality/value
Few studies have discussed the application of the lean concept in the petroleum industry. This paper contributes a platform for researchers and practitioners to comprehend how the lean concept has been applied in the petroleum industry, and provides a foundation for further studies on lean implementation in the petroleum industry.