The purpose of this paper is to demonstrate how Accenture's commitment to diversity is reaping benefits for the business and its people on a global and a local level.
Abstract
Purpose
The purpose of this paper is to demonstrate how Accenture's commitment to diversity is reaping benefits for the business and its people on a global and a local level.
Design/methodology/approach
The article explores global initiatives and leadership behaviors that demonstrate this commitment, as well as the experiences of individuals who benefit from them, in order to combine global and individual perspectives.
Findings
These perspectives show that a deep commitment to diversity can reap the benefits of retaining experienced employees, maintaining employee satisfaction and attracting new talent.
Originality/value
The ultimate outcome is a better service to customers through consistency of quality service and high levels of innovation, in addition to mirroring the diversity of communities in which an organization lives and works.
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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.
Abstract
Purpose
This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting‐edge research and case studies.
Design/methodology/approach
This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.
Findings
Accenture employ over 178,000 people across 49 countries, so you could say they are already pretty diverse. What you might not know is that Accenture has a very serious commitment to diversity and inclusion, and has had for some time. In fact, Accenture have been so dedicated to this cause that their efforts have won them numerous international awards.
Originality/value
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.
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The author posits that the management model of an organization determines what kind of business models can be pursued within that organization and that successful 21st century…
Abstract
Purpose
The author posits that the management model of an organization determines what kind of business models can be pursued within that organization and that successful 21st century management models are very different from those that succeeded in the 20th century.
Design/methodology/approach
The author compares and contrasts successful 21st century management models with models that succeeded in the 20th century.
Findings
Success in the digital age requires a 21st century management model and mindset based on an obsession with delivering value to customers.
Practical implications
The management model incorporates the key ‘written and unwritten rules’ of the firm. The success of digital innovation can be threatened by 20th Century management assumptions that thwart Agile initiatives.
Originality/value
Article explains how Agile mindsets and practices are essential to the 21st century management model, and how they potentiate the firm’s focus on creating customers.
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The transition from shareholder value primacy to customer-centricity is a multi-dimensional challenge for leaders.
Abstract
Purpose
The transition from shareholder value primacy to customer-centricity is a multi-dimensional challenge for leaders.
Design/methodology/approach
Five books that provide guidance.by insiders are suggested.
Findings
Nadella confronted culture on day one and announced that from then on, the culture would be one of collaboration and finding mutually profitable solutions. Instead of an “us vs. them,” paradigm, it would be “us with them.”
Rusni Hassan, Noor Mahinar Abu Bakar and Noor Haini Akmal Abu Bakar
Using the notion of sustainable impactful strategies for waqf management, this study examines the governance and best practices on idle waqf management by the Malaysian States…
Abstract
Using the notion of sustainable impactful strategies for waqf management, this study examines the governance and best practices on idle waqf management by the Malaysian States Islamic Religious Councils (SIRCs) in selected states like Penang, Perak and Kuala Lumpur. The waqf management of the SIRCs is also assessed based on the model framework countries such as Singapore, Kuwait and United Arab Emirates (UAE). The findings of this chapter indicate that ineffective administration and management on waqf have hindered its development and expansion in Malaysia. Also, an effective and robust governance framework based on Shariah could and should be implemented to ensure that waqf in Malaysia are managed effectively to gain socio-economic sustainability of Muslim communities. The findings of this chapter will fill the research gap on good governance and best practices in waqf administration and management as a way forward for Malaysia by providing a way forward for SIRCs and policymakers in Malaysia, to enhance the performance of waqf entity using selected other countries as model framework of good governance and best practices. Furthermore, an emphasis on good governance and best practices is important to attract waqf donors. It is imperative to note that to date, there is no qualitative study that compare the impact of good governance and best practices on the management of waqf by selected SIRCs in Penang, Perak and Kuala Lumpur to Singapore, Kuwait and UAE as model framework countries.
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Urvashi P. Mall and V. H. Patel
This paper aims to determine the impact of in vitro gastrointestinal digestion (IVD) on the bioaccessibility of phenolic compounds derived from tomato pomace flour (TPF) and amla…
Abstract
Purpose
This paper aims to determine the impact of in vitro gastrointestinal digestion (IVD) on the bioaccessibility of phenolic compounds derived from tomato pomace flour (TPF) and amla pomace flour (APF), and to evaluate their potential health benefits as prebiotics on gut microbiota.
Design/methodology/approach
The nutritional and functional properties and the bioaccessibility of phenolic compounds obtained from APF and TPF were measured using IVD model and the potential prebiotic effects were assessed during in vitro fermentation.
Findings
APF and TPF contained significant amounts of total dietary fibre (55.83% and 48.29%, respectively) and protein (2.1% and 14.37%, respectively). After IVD, a considerable amount of polyphenols from APF and TPF were released. In the intestinal phase, APF and TPF showed significant (p = 0.05) release of total phenolics (81% and 57%, respectively) and flavonoids (84% and 76%, respectively). Additionally, in comparison to the control samples, IVD increased antioxidant capacity. The proliferation of bacteria (L. acidophilus) and the production of short-chain fatty acids (SCFAs), including propionate and butyrate, were both increased during in vitro fermentation of APF and TPF. Both the flours showed a positive prebiotic activity with the value of <1.50.
Social implications
The study supports sustainable agriculture and global pollution reduction. Incorporating these by-products into diets might increase the availability of inexpensive, nutritious food choices, improve digestive health and create economic possibilities for food producers and farmers.
Originality/value
The research provides novel information on the bioaccessibility of polyphenols and antioxidants during digestion, and the prebiotic potential APF, which have not been previously documented.
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This paper aims to analyze the forfeiture regime under the Malaysian anti-money laundering law. Apart from discussing the relevant provisions, several court cases also were…
Abstract
Purpose
This paper aims to analyze the forfeiture regime under the Malaysian anti-money laundering law. Apart from discussing the relevant provisions, several court cases also were examined to identify the problems which arise in the implementation of such a powerful forfeiture regime.
Design/methodology/approach
This paper mainly relies on statutes and court cases as its primary sources of information. It is supported by secondary data to justify the analysis. This paper also used analytical descriptive approach to analyze relevant forfeiture provisions from statutes and to examine current court cases regarding the implementation of the forfeiture regime.
Findings
The Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act (AMLATFPUAA) provides comprehensive procedures for the forfeiture of criminal proceeds. Any limitations of the previous statutory legislations have been addressed, and more importantly, the AMLATFPUAA introduces more powerful and innovative measures that can facilitate the recovery of illegal proceeds from money laundering and any other serious crimes. The AMLATFPUAA also provides avenue for the bona fide third parties to contest the forfeiture order. However, it appears that such right is not easy to be enforced.
Originality/value
This paper provides an analysis of the forfeiture regime under Malaysian anti-money laundering laws. It is hoped that the content of this paper can provide some insight into this particular area for enforcement authorities, practitioners, academics, policymakers and legal advisers not only in Malaysia but also elsewhere. The findings of this paper also expose any weakness or lacunae in the aspects of application and implementation of the forfeiture regime. Thus, more effective and workable legal solution especially on the issue of civil forfeiture of criminal assets could be considered for further accomplishment.
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Noor Haslina Ismail, Sharifah Nazatul Faiza Syed Mustapha Nazri and Salwa Zolkaflil
Terrorism had a profound impact on the global economy, society and security. Malaysia encountered a comparable scenario in the Movida attack. The availability of funds is a…
Abstract
Purpose
Terrorism had a profound impact on the global economy, society and security. Malaysia encountered a comparable scenario in the Movida attack. The availability of funds is a crucial determinant for successful terrorist activities. Hence, a guideline was introduced to deal with terrorism financing. As reporting institutions, the compliance officers are the gatekeepers to report any suspicious transaction related to money laundering and terrorism financing. However, lack of study has looked into the role of the compliance officer in reporting potential terrorism financing activities. Hence, this study aims to examine the factors that influence terrorism financing reporting, focusing on terrorism financing policy, terrorism financing red flags and the integrity of the officers.
Design/methodology/approach
A total of 120 responses were collected among the compliance officers and 91 responses were analyzed using multiple regression analysis.
Findings
Findings show that only terrorism financing policy and terrorism financing red flags influence suspicious transaction reporting among the compliance officers. Hence, there is a need to focus on officer’s competency, by enhancing the training module, especially on the latest terrorism financing trends and red flags.
Practical implications
This will help the compliance officers to be more competent in fulfilling their role as the reporting entity because their roles are vital in preventing terrorism financing.
Originality/value
This study focuses on terrorism financing risk assessment, which is different from prior literature that focuses on money laundering risk assessment. Owing to lack of prior studies, the questionnaire developed in the study was made based on guidelines provided by the authority and regulator.
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Raja Madihah Raja Alias, Norhashimah Mohd Yasin, Badruddin Hj Ibrahim and Mohd Yazid Zul Kepli
Money laundering and terrorism financing are financial crimes which affect the economic stability and integrity of the country. In this respect, the relevant regulator has a duty…
Abstract
Money laundering and terrorism financing are financial crimes which affect the economic stability and integrity of the country. In this respect, the relevant regulator has a duty to preserve and protect the financial stability of the country. This duty is in line with the concept of the protection of wealth (hifz al-mal) under the maqāsid al-Sharīʿah or higher objectives of Islamic law framework. The objective of this chapter is to examine the protection of wealth vis-á-vis money laundering and terrorism financing from the maqāsid al-Sharīʿah perspective. This study analyses the primary and secondary legal sources on the laws and regulations on anti-money laundering and counter financing of terrorism while also considering the primary and secondary sources of Islamic law. This study is significant as it makes an exploration of the maqāsid al-Sharīʿah perspectives and discusses the position of unlawful wealth that is acquired from the illicit gain of property from the abuse of money laundering and the financing of terrorist activities. This chapter suggests that Islamic law emphasises on the lawful ownership of wealth and prohibits a person from acquiring illicit wealth. This study will contribute towards the study on the deployment of maqāsid al-Sharīʿah, which is beneficial in safeguarding an individual action as well as the country’s commitment against abuse and misuse of wealth for financial crimes.