MBA programmes, especially those not provided by the recognised premier league business schools, are often criticised as being “all things to all men”. They are essentially…
Abstract
MBA programmes, especially those not provided by the recognised premier league business schools, are often criticised as being “all things to all men”. They are essentially product driven and “sold” to the potential client. When organisations think about developing people to fulfil organisational goals and roles, there is a tendency to assume that MBAs offer personal development, not necessarily business or organisational benefits. This article examines the MBA supplier buyer divide from a business and people development perspective. The “product” driven approach, as it relates to the needs of the client, be they corporate or individual, is examined. An alternative business focused model is suggested. A practical case is provided to illustrate design, partnership and implementational issues.
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Christopher Greensted and Jonathan Slack
Following the fundamental review by the Committee of Inquiry into Higher Education, under the Chairmanship of Sir Ron, (now Lord) Dearing, in July, 1997 (and Scottish equivalent…
Abstract
Following the fundamental review by the Committee of Inquiry into Higher Education, under the Chairmanship of Sir Ron, (now Lord) Dearing, in July, 1997 (and Scottish equivalent under Sir Ron Garrick); the Quality Assurance Agency for higher education (QAA), is currently consulting on the detailed elaboration of those Committees’ main recommendations. The QAA proposals are designed to provide public assurance on both the quality and standards in higher education and comprise an inter‐related set of components under the following headings: the development of a complete and overarching framework of qualifications for the UK; the development of a national template for individual programme specifications; the development of benchmarking information and threshold standards across 41 subject areas; the development of institutional codes of practice and institutional reviews; and the strengthening of the existing external examiner system to encompass a formal role of feedback on quality and standards to the QAA. The paper was submitted by the Association of Business schools to the QAA, in the format specified by the QAA. It can therefore best be understood in conjunction with the QAA’s consultation paper “An agenda for quality”, which provides greater detail of the main components, set out above.
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The purpose of this paper is to investigate New Entrepreneur Scholarships, a government‐funded programme that aims to help people from disadvantaged backgrounds to become…
Abstract
Purpose
The purpose of this paper is to investigate New Entrepreneur Scholarships, a government‐funded programme that aims to help people from disadvantaged backgrounds to become self‐employed.
Design/methodology/approach
A case study methodology is employed.
Findings
The programme has been very effective in helping people who would not otherwise overcome the barriers in setting up a business to establish themselves in self‐employment.
Originality/value
Tacking the issue of qualifications remains an issue as there is no clear demand for a qualification. Resources are also needed to further promote the success of New Entrepreneur scholars within their own areas to that they can be role models to others and so that enterprise can be seen as a viable option for other members of their communities.
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Stuart Cooper, Carole Parkes and John Blewitt
Neo-institutional theory suggests that organisations change occurs when institutional contradictions, caused by exogenous and endogenous dynamics, increase over time to the point…
Abstract
Purpose
Neo-institutional theory suggests that organisations change occurs when institutional contradictions, caused by exogenous and endogenous dynamics, increase over time to the point where change can no longer be resisted. Human praxis will result, but only when sufficiently powerful interests are motivated to act. This paper aims to examine the role that the accreditation of business schools can play in increasing institutional contradictions and hence fostering organisational change towards stakeholder engagement and engagement with social responsibility and sustainability issues. Numerous accreditations are promulgated within the higher education and business school contexts and a number of these relate to, or have aspects that relate to, ethics, social responsibility and sustainability.
Design/methodology/approach
The paper first analyses the take up of accreditations across UK business schools and then uses a case study to illustrate and explore stakeholder engagement and changes related to ethics, social responsibility and sustainability linked to accreditation processes.
Findings
Accreditations are found to be an increasingly common interest for UK business schools. Further, a number of these accreditations have evolved to incorporate issues related to ethics, social responsibility and sustainability that may cause institutional contradictions and may, therefore, have the potential to foster organisational change. Accreditation alone, however, is not sufficient and the authors find that sufficiently powerful interests need to be motivated to act and enable human praxis to affect change.
Research limitations/implications
This paper draws on previous research that considers the role of accreditation in fostering change that has also been carried out in healthcare organisations, public and professional bodies. Its findings stem from an individual case study and as such further research is required to explore whether these findings can be extended and apply more generally in business schools and universities in different contexts.
Practical implications
This paper concludes by recommending that the newly established UK & Ireland Chapter of PRME encourages and supports signatory schools to further embed ethics, social responsibility and sustainability into all aspects of university life in the UK. This also provides an opportunity to engage with the accrediting bodies in order to further support the inclusion of stakeholder engagement and issues related to this agenda in their processes.
Originality/value
This paper contributes by introducing accreditation as an institutional pressure that may lead indirectly to organisational change and supports this with new evidence from an illustrative case study. Further, it draws on the role of institutional contradictions and human praxis that engender organisational change.
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Dmitri G. Markovitch and Jonathan O'Brien
Research finds that investors initially under-react to increases in R&D intensity. The phenomenon is commonly viewed as mispricing. We draw on behavioral theory of the firm (BTF…
Abstract
Purpose
Research finds that investors initially under-react to increases in R&D intensity. The phenomenon is commonly viewed as mispricing. We draw on behavioral theory of the firm (BTF) to propose an alternative explanation that increased R&D intensity is often indicative of problemistic search in firms. We empirically explore three contextual factors that may help discriminate between mispricing and problemistic search effects when capital markets frown on increased R&D intensity.
Design/methodology/approach
We use econometric methods to analyze longitudinal data on 4,561 US manufacturing firms.
Findings
We find that market reactions to R&D investments are consistent with the view that managers often engage in R&D-based search to correct anticipated problems. We show that increased R&D intensity is a stronger indicator of diminished expected future performance for firms with greater inertia, including larger firms and high-performing firms. However, greater R&D intensity is less indicative of problemistic search in slack-rich firms.
Originality/value
Whilst the BTF has been used extensively in management research, ours is one of the few studies which link the BTF to stock market phenomena.
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Chelsey Sara Taylor, Michael L. Naraine, Katie Rowe, Jonathan Robertson and Adam Karg
The purpose of this study was to explore the process of change in existing professional sport organisations as they initiate a women's team.
Abstract
Purpose
The purpose of this study was to explore the process of change in existing professional sport organisations as they initiate a women's team.
Design/methodology/approach
Three Australian Football League clubs with licenses for professional women's teams were examined, with semi-structured interviews held with three key department managers from each club.
Findings
The findings suggest organisations adopt either a community-focused or commercially focused approach, the selection of which is a response to the interplay of institutional pressures (e.g. league demands), resource demands (e.g. human and financial) and the strategic choices of a few, key “idea champions”.
Originality/value
This study provides insight into the approach change taken by clubs as they introduce a women's team into their existing organisational structure.
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Tom McLean, Tom McGovern, Richard Slack and Malcolm McLean
This paper aims to explore the development of the accountability ideals and practices of Quaker industrialists during the period 1840–1914.
Abstract
Purpose
This paper aims to explore the development of the accountability ideals and practices of Quaker industrialists during the period 1840–1914.
Design/methodology/approach
The research employs a case study approach and draws on the extensive archives of Quaker industrialists in the Richardson family networks, British Parliamentary Papers and the Religious Society of Friends together with relevant contemporary and current literature.
Findings
Friends shed their position as Enemies of the State and obtained status and accountabilities undifferentiated from those of non-Quakers. The reciprocal influences of an increasingly complex business environment and radical changes in religious beliefs and practices combined to shift accountabilities from the Quaker Meeting House to newly established legal accountability mechanisms. Static Quaker organisation structures and accountability processes were ineffective in a rapidly changing world. Decision-making was susceptible to the domination of the large Richardson family networks in the Newcastle Meeting House. This research found no evidence of Quaker corporate social accountability through action in the Richardson family networks and it questions the validity of this concept. The motivations underlying Quakers’ personal philanthropy and social activism were multiple and complex, extending far beyond accountabilities driven by religious belief.
Originality/value
This research has originality and value as a study of continuity and change in Quaker accountability regimes during a period that encompassed fundamental changes in Quakerism and its orthopraxy, and their business, social and political environments.
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This chapter analyses the causes and effects of the financial crisis that commenced in 2008, and it examines the dramatic government rescues and reforms. The outcomes of this, the…
Abstract
This chapter analyses the causes and effects of the financial crisis that commenced in 2008, and it examines the dramatic government rescues and reforms. The outcomes of this, the most severe collapse to befall the United States and the global economy for three-quarters of a century, are still unfolding. Banks, homeowners and industries stood to benefit from government intervention, particularly the huge infusion of taxpayer funds, but their future is uncertain. Instead of extending vital credit, banks simply kept the capital to cover other firm needs (including bonuses for executives). Industry in the prevailing slack economy was not actively seeking investment opportunities and credit expansion. The property and job markets languished behind securities market recovery. It all has been disheartening and scary – rage against those in charge fuelled gloom and cynicism. Immense private debt was a precursor, but public debt is the legacy we must resolve in the future.
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Taghreed Abu Salim, Balan Sundarakani and Flevy Lasrado
The purpose of this paper is to study the role of slack (both moderating and mediating) to stimulate the relationship between total quality management (TQM) factors and innovation…
Abstract
Purpose
The purpose of this paper is to study the role of slack (both moderating and mediating) to stimulate the relationship between total quality management (TQM) factors and innovation outcomes relative to gaining competitive industry advantages.
Design/methodology/approach
The research methodology includes a multi-item scale questionnaire completed in three waves between 2016 and 2017, and later analysed in 2018. A final response rate of 29.5 per cent was obtained, representing 190 organisations from both manufacturing and service industries in the United Arab Emirates (UAE). Partial least squares structural equation modelling was used to test the multi-collinearity, moderation and mediation analysis.
Findings
Analysis confirmed that factors such as continuous improvement (CI), human resource management (HRM) and information measurement (IM) were positively linked to innovation. However, when slack was introduced as a moderator, innovation outcomes were stimulated through HRM and IM. The results indicate that slack acts as a full mediator for management leadership but only partially mediates supplier quality, IM, CI, HRM and process management.
Research limitations/implications
In terms of geographical coverage, research was limited to the UAE. Organisations striving for excellence through innovation may benefit from the outcomes, as they help in understanding the relationship between TQM and innovation moderated and/or mediated by slack. This could also lead businesses to develop new strategies that harmonise TQM policies with “rationale” slack policies, thus, promoting innovation.
Originality/value
This study is the first to examine the use of slack to stimulate the relationship between TQM factors and innovation outcomes. Using slack as a mediator can help in understanding when TQM might influence innovation, while slack as a moderator could invert the relationship between the two.
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María A. Agustí, José L. Galán and Francisco J. Acedo
The purpose of this paper is to analyse and classify the literature that links slack resources with performance, determining the diversity and coherence within the field, as well…
Abstract
Purpose
The purpose of this paper is to analyse and classify the literature that links slack resources with performance, determining the diversity and coherence within the field, as well as possible future research trends.
Design/methodology/approach
Using Web of Science information, a dynamic co-citation and co-word analysis was developed, enabling identification of the theoretical foundations that have accompanied the study of the slack–performance relationship and the research trends associated with these types of resources and their temporal evolution.
Findings
Document co-citation and co-word analysis and its evaluation present a growing diversity of literature but which maintains links to the core works, giving coherence to this research field. The key theoretical approaches remain stable over time but with fragmentation of the topics analysed. Results allowed identification of a number of emerging research trends, achieving a level of consolidation within the field, with research fronts linked to those trends.
Originality/value
Slack resources have a large trajectory within the management field. However, it is believed only basic bibliometric analyses of the literature have been made and none has developed an analysis of the evolution. This work is useful not only for incipient researchers to better understand the theoretical bases upon which the current work is based but also for the identification of possible gaps and unanswered research questions. The results complement previous research, with qualitative or meta-analytic perspectives, fundamental in understanding the structure and evolution of this research field.