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THIS number will appear at the beginning of the Leeds Conference. Although there is no evidence that the attendance will surpass the record attendance registered at the Birmingham…
Abstract
THIS number will appear at the beginning of the Leeds Conference. Although there is no evidence that the attendance will surpass the record attendance registered at the Birmingham Conference, there is every reason to believe that the attendance at Leeds will be very large. The year is one of importance in the history of the city, for it has marked the 300th anniversary of its charter. We hope that some of the festival spirit will survive into the week of the Conference. As a contributor has suggested on another page, we hope that all librarians who attend will do so with the determination to make the Conference one of the friendliest possible character. It has occasionally been pointed out that as the Association grows older it is liable to become more stilted and formal; that institutions and people become standardized and less dynamic. This, if it were true, would be a great pity.
Melanie E. Kreye, Linda B. Newnes and Yee Mey Goh
– The purpose of this paper is to explore the information that manufacturing companies have available when competitively bidding for service contracts.
Abstract
Purpose
The purpose of this paper is to explore the information that manufacturing companies have available when competitively bidding for service contracts.
Design/methodology/approach
A semi-structured interview study was undertaken with industrialists in various sectors, which are currently facing the issue of servitisation.
Findings
One of the main findings was that, despite the novelty of the process, the decision makers at the competitive bidding stage have an understanding of the involved uncertainties. In particular, the uncertainty arising from the customer as the user of the product and evaluator of the competitive bids in addition to the uncertainty connected to the competitors were identified as the main influences on the pricing decision.
Research limitations/implications
The research implications show the influences and considerations during the decision-making process at the competitive bidding stage for service contracts. These include the customer and the competitors.
Practical implications
Shortcomings in the current industrial practice were identified such as the approaches used to communicate the cost estimate for the service contract. The approaches currently used contradict research findings in the area of communicating uncertainty information, which means that further research is to be done to identify optimal approaches to displaying the uncertainty connected to the communicated information.
Originality/value
This paper offers a basis for research to understand the challenges industry faces when competitively bidding for service contracts. This can be used to develop novel approaches in supporting the decision maker such as a model that presents the probability of winning in comparison to the probability of making a profit.
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IN 1909 THOMAS HARDY published in Time's Laughingstocks a poem called ‘Panthera’. It is not a poem which has attracted much attention, though unusual and interesting in many…
Abstract
IN 1909 THOMAS HARDY published in Time's Laughingstocks a poem called ‘Panthera’. It is not a poem which has attracted much attention, though unusual and interesting in many re‐spects. It is a dramatic monologue, the opening of which seems a deliberate attempt to imitate the idiomatic abruptness of some of Browning's better‐known monologues:
Inspections have been made during the year at the majority of the principal food importing ports in England and Wales in connection with the administration of the Public Health…
Abstract
Inspections have been made during the year at the majority of the principal food importing ports in England and Wales in connection with the administration of the Public Health (Foreign Meat) and the Public Health (Unsound Food) Regulations, 1908.
Eddie Chamisa, Musa Mangena and Guanlan Ye
The purpose of this paper is to investigate the relative value relevance of accounting measures based on Chinese Accounting Standards (CAS) and International Financial Reporting…
Abstract
Purpose
The purpose of this paper is to investigate the relative value relevance of accounting measures based on Chinese Accounting Standards (CAS) and International Financial Reporting Standards (IFRS) in relation to both A‐share and B‐share markets during three distinct phases (1994‐1997, 1998‐2000 and 2001‐2004) over which CAS were progressively harmonized with IFRS.
Design/methodology/approach
Using data for 86 Chinese listed companies which issued both A‐ and B‐shares, the authors employ the price model to test for the association between CAS‐based and IFRS‐based accounting information, and A‐share and B‐share prices. The J‐test was employed to determine the relative value relevance of the information based on the two sets of accounting standards.
Findings
Overall, the authors find that for both the A‐share and B‐share markets, both CAS‐based and IFRS‐based accounting information are value relevant, but IFRS‐based information is more value relevant than the CAS‐based information. However, the magnitude of the differences between the explanatory powers of the CAS‐ and IFRS‐based accounting information narrowed significantly in the 2001‐2004 period in both the A‐share and B‐share markets. The results are robust to the deflator used and the stock exchange on which the companies are listed.
Practical implications
The results have implications for China and other transitional economies attempting to integrate IFRS with a uniform accounting system.
Originality/value
The paper provides the first comprehensive empirical evidence as to whether or not the progressive harmonization of CAS with IFRS improved the value relevance of CAS‐based accounting in China and contributes to the debate on the (ir)relevance of IFRS in emerging and transitional economies.
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THE ESSENTIAL DIFFERENCE between the larger German and English libraries is that, whereas English libraries like the British Museum and the Bodleian are not lending libraries, the…
Abstract
THE ESSENTIAL DIFFERENCE between the larger German and English libraries is that, whereas English libraries like the British Museum and the Bodleian are not lending libraries, the German state libraries are. Hence the difference of emphasis in structure and organization or—put another way: the extreme simplicity of English set against the extraordinary complexity of German libraries. In the Bodleian one is still a person with a name. In the Bavarian State Library one is a computerized number. In the Guildhall Library in London uniformed assistants bring the books to one's place. In the New York City Library small boys dart about on roller skates in the magazine to fetch the books from the stacks. In Munich the books are delivered along rollers controlled by some magnificent robot to one of the five counters to which as a Reader one has been assigned—that is, if the books which one has ordered are present. Often they are not, which is obviously the disadvantage of allowing readers to take them home. Yet even to have obtained confirmation of their absence is an achievement which may have taken days!
Managing the urban housing plan of a very fast-growing city may be difficult if the scientific input, i.e. thermodynamic architecture and the climate change challenges, is not…
Abstract
Purpose
Managing the urban housing plan of a very fast-growing city may be difficult if the scientific input, i.e. thermodynamic architecture and the climate change challenges, is not factored into its initial framework. Recent building plan in some parts of a growing city located in a developing country was adopted for the purpose of this research. The purpose of this study is to investigate the impact of poor urban planning on humans.
Design/methodology/approach
The reverberation time analysis was carried using the Ecotect software. In total, 15-year surface temperature data were obtained (1999-2013) from the Global Land Data Assimilation System. Thermal distributions were calculated using beta probability and Gaussian distribution. Also, the parametric study of the solar constant was accomplished using possible mathematical outcomes.
Findings
It was discovered that irrespective of the fabrics of building, air properties and materials within a building, the total heat and sound absorptions are high for the life form. Necessary recommendations were made for further study.
Research limitations/implications
Only the outdoor impact was calculated.
Practical implications
There should be more proactive measures by the urban planning authorities.
Social implications
There would be wide spread of diseases and very low thermal comfort.
Originality/value
This paper illustrates on the most ignored parameter in environmental architecture.
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The objective of this article is to provide executives with a practical high‐level roadmap to business transformation.
Abstract
Purpose
The objective of this article is to provide executives with a practical high‐level roadmap to business transformation.
Design/methodology/approach
Over the past 20 years in his role as an academic, researcher and consultant, the author and his team have worked with and observed several organizations of varying sizes. This resulted in the identification of patterns associated with failed and successful transformation attempts, which in turn have been summarized into a formula for business transformation.
Findings
Any successful business transformation will have to address all eight components of the business transformation model. These are: value streams, strategy, organization, people, processes, systems and resources, leadership and performance measurement. For a transformation attempt to succeed, all eight components must be addressed. Most failed transformation attempts have failed to address one or more of these components.
Practical implications
The roadmap for business transformation provides a high‐level checklist to facilitate executives to plan their transformation journey with a certain degree of confidence. The article provides practical guidelines and tips to ensure that each component of the formula is appropriately addressed.
Originality/value
The article provides a holistic and practical look at business transformation from an executive's viewpoint.
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The objective of this study was to explore the main factors influencing the development of strategy in small firms. Among its contributions, the study found that strategy was…
Abstract
The objective of this study was to explore the main factors influencing the development of strategy in small firms. Among its contributions, the study found that strategy was personality‐driven and crisis‐driven. The study identified two main types of entrepreneurs: the pragmatist and the charismatic entrepreneur, and highlighted how the risk‐taking capacities of some entrepreneurs changed over time. The study suggests that the experience of crisis gave rise to a more rational, planned approach to the strategy‐making process.
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Fabian Groven, Gaby Odekerken-Schröder, Sandra Zwakhalen and Jan Hamers
This paper aims to explore how tensions and alignments between different actors’ needs in a transformative services network affect balanced centricity, which is an indicator of…
Abstract
Purpose
This paper aims to explore how tensions and alignments between different actors’ needs in a transformative services network affect balanced centricity, which is an indicator of well-being. Balanced centricity describes a situation in which all network actors’ interests and needs are fulfilled simultaneously. In such cases, all actors are better off, which increases both individual actors’ and overall actor-network well-being.
Design/methodology/approach
The empirical study takes place in nursing homes in which in-bed baths represent co-created service encounters that affect the well-being of focal actors (i.e. patients), frontline service employees (i.e. nurses) and transformative service mediators (i.e. family members), who have potentially competing needs. Using a qualitative, phenomenological approach, the study inductively explores and deductively categorizes actors’ personal experiences to gain deep, holistic insights into the service network and its complex web of actor interdependencies.
Findings
The resulting conceptual model of balanced centricity identifies actors’ lower-order needs as different manifestations of the psychological needs for autonomy, competence and relatedness. If actors’ needs are aligned, their psychological needs can be satisfied, which facilitates balanced centricity. If actors exhibit competing needs though, balanced centricity is impeded.
Practical implications
This study establishes actors’ psychological needs as the origin of tensions/alignments in multi-actor networks that impede/contribute to balanced centricity. Transformative service providers should try to address all actors’ psychological needs when co-creating services to achieve network well-being.
Originality/value
This study adopts a novel, multi-actor perspective and thereby presents a conceptual model that contributes to the understanding of balanced centricity. Future research could test this model in other transformative service settings.
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