Matt Porta, Brian House, Lisa Buckley and Amy Blitz
Business “rules” (for the way value is created) are rapidly evolving, necessitating transformational change. The confluence of several factors – the Internet, innovative new…
Abstract
Purpose
Business “rules” (for the way value is created) are rapidly evolving, necessitating transformational change. The confluence of several factors – the Internet, innovative new technologies, changing consumer preferences, intensified global competition, and the proliferation of fast‐evolving social technologies that connect people and ideas – is driving the need to change. This paper aims to investigate these issues/
Design/methodology/approach
The paper looks at eight new rules which have been identified through research on 100 technology start‐ups and 40 early adopter large enterprises that were then refined based on insights from technology analysts, IBM business leaders and the venture capital community.
Findings
The paper finds that these rules, referred to as Value 2.0, illustrate unique ways in which emerging technologies are enabling new value creation in an enterprise.
Practical implications
Corporations can use the eight rules to capitalize on new markets and business models, get closer to markets and customers and create new capabilities
Originality/value
The Value 2.0 proficiencies described in the article seem likely to be critical in coming years for corporations in many industries.
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Saul Berman, Steven Davidson, Sara Longworth and Amy Blitz
Companies are now struggling to cope with the most severe recession in more than half a century. This paper aims to study how leading companies have successfully reacted to the…
Abstract
Purpose
Companies are now struggling to cope with the most severe recession in more than half a century. This paper aims to study how leading companies have successfully reacted to the crisis.
Design/methodology/approach
The researchers identified early winners in the current recession, beginning with large US‐listed companies whose stock appreciated by at least 5 percent in 2008, at a time when the S&P declined by 37 percent. They looked at best practices of 61 companies.
Findings
Winners have learned to ask, “Which strategies will allow the company to both survive in this economic transformation and, potentially, to thrive in it?”
Practical implications
Overall, the early winners the following: focus on value via sustainable strategies that emphasize long‐term value; exploit opportunities presented during downturns, including growing through low‐cost acquisitions and stock buy‐backs; and act quickly, with the agility to respond ahead of, or at least to keep pace with, rapid changes in the new economic environment.
Originality/value
As winning firms have learned, there are the three targets for leaders in the new economic environment. The article offers a how‐to guide to achieving them: leadership target no. 1: focus on value; leadership target no. 2: exploit opportunities; and leadership target no. 3: make speed a competitive advantage.
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Lisa Ruhanen, Char-lee Moyle and Brent Moyle
The purpose of this study is to expand our understanding of sustainable tourism research given that both researchers and policymakers consistently question the effectiveness of…
Abstract
Purpose
The purpose of this study is to expand our understanding of sustainable tourism research given that both researchers and policymakers consistently question the effectiveness of sustainable tourism and its practices, applications and practical adoption.
Design/methodology/approach
The aim of the research was to provide an update on previous studies by examining how sustainable tourism research has progressed in the five intervening years since Ruhanen et al. completed their 25-year bibliometric analysis.
Findings
This paper provides insights into how sustainable tourism research has developed over the 30 years since the publication of the Brundtland report. It shows that over the past five years, the field has matured to place greater emphasis on climate change, modeling, values, behavior and theoretical progression.
Research limitations/implications
Future research in the field should aim to better understand the methods and analysis techniques being used in sustainable tourism, as well as how sustainable tourism and climate change policy and actions translate into policy and practice.
Originality/value
Bibliometrics and text mining shows that 30 years after the Brundtland report, sustainable tourism research continues to grow exponentially, with evidence that the field is starting to mature by broadening its horizons and focusing on more relevant, big-picture and hard-hitting topics, such as climate change.
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Vickie Coleman Gallagher, Lisa E. Baranik, Maria Hamdani, Sorin Valcea, Pakanat Kiratikosolrak and Anthony R. Wheeler
Multidimensional fit (MDF) has been coined as “elusive” and relevant to an individual’s social identity and self-concept, unfolding over time as individuals assess their fit…
Abstract
Multidimensional fit (MDF) has been coined as “elusive” and relevant to an individual’s social identity and self-concept, unfolding over time as individuals assess their fit relative to Person-Organization, Person-Vocation, Person-Job, and Person-Team Fit. In this chapter, the literature as it relates to the refugee employment journey, MDF, and HRM practices that facilitate or inhibit MDF is reviewed. Furthermore, in this study, the process-oriented view of the refuge path highlights the complexity of their experience, noting an array of antecedents as they relate to country, host country and individual differences, interventions through NGOs, refugee resettlement agencies, and organizations, as well as the less explored entrepreneurial path. These diverse paths and the process of finding fit, and the obstacles refugees face, are viewed through the lens of shocks and reassessment of MDF throughout their journey. Finally, the study’s outcomes illustrate individual wellbeing factors, organizational level benefits, as well as community level benefits to MDF.
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Aim of the present monograph is the economic analysis of the role of MNEs regarding globalisation and digital economy and in parallel there is a reference and examination of some…
Abstract
Aim of the present monograph is the economic analysis of the role of MNEs regarding globalisation and digital economy and in parallel there is a reference and examination of some legal aspects concerning MNEs, cyberspace and e‐commerce as the means of expression of the digital economy. The whole effort of the author is focused on the examination of various aspects of MNEs and their impact upon globalisation and vice versa and how and if we are moving towards a global digital economy.
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ALEXANDER M. ROBERTSON and PETER WILLETT
This paper describes the development of a genetic algorithm (GA) for the assignment of weights to query terms in a ranked‐output document retrieval system. The GA involves a…
Abstract
This paper describes the development of a genetic algorithm (GA) for the assignment of weights to query terms in a ranked‐output document retrieval system. The GA involves a fitness function that is based on full relevance information, and the rankings resulting from the use of these weights are compared with the Robertson‐Sparck Jones F4 retrospective relevance weight. Extended experiments with seven document test collections show that the ga can often find weights that are slightly superior to those produced by the deterministic weighting scheme. That said, there are many cases where the two approaches give the same results, and a few cases where the F4 weights are superior to the ga weights. Since the ga has been designed to identify weights yielding the best possible level of retrospective performance, these results indicate that the F4 weights provide an excellent and practicable alternative. Evidence is presented to suggest that negative weights may play an important role in retrospective relevance weighting.