Simply adding automation to an existing business environment typically results in a marginal savings of 10 to 20 percent. But when improvements are also made to existing business…
Abstract
Simply adding automation to an existing business environment typically results in a marginal savings of 10 to 20 percent. But when improvements are also made to existing business processes, a company can see a savings of over 70 percent.
Two giants, IBM and Xerox, were faced with a profile of aging products, high production costs, and stiff world competition. This article shows how they streamlined their…
Abstract
Two giants, IBM and Xerox, were faced with a profile of aging products, high production costs, and stiff world competition. This article shows how they streamlined their manufacturing process and repositioned their products.
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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Ellen Ernst Kossek, Raymond A. Noe and Beverly J. DeMarr
In light of the dramatic social transformations occurring in the nature of family and worker demands, nearly all employees today need to make decisions on how to manage work and…
Abstract
In light of the dramatic social transformations occurring in the nature of family and worker demands, nearly all employees today need to make decisions on how to manage work and family roles. Drawing on role theory, we provide a summary framework for understanding individual, family, and organizational influences on the self‐management of work and family roles. Work‐family role synthesis is defined as the strategies an individual uses to manage the enactment of work and caregiving roles. It involves decision‐making choices governing boundary management and role embracement of multiple roles. We present hypotheses and a research agenda for examining antecedents and consequences of employee strategies for managing work and family roles.
Riitta Katila, Raymond E. Levitt and Dana Sheffer
The authors provide new quantitative evidence of the relationship between technologies and organizational design in the context of complex one-off products. The systems that…
Abstract
The authors provide new quantitative evidence of the relationship between technologies and organizational design in the context of complex one-off products. The systems that produce complex, one-off products in mature, fragmented industries such as construction lack many of the typical organizational features that researchers have deemed critical to product development success (e.g., team familiarity, frequent communication, and strong leadership). In contrast, the complexity of these products requires a diverse knowledge base that is rarely found within a single firm. The one-off nature of construction’s products further requires improvization and development by a distributed network of highly specialized teams. And because the product is complex, significant innovations in the end product require systemic shifts in the product architecture. Riitta Katila, Raymond E. Levitt and Dana Sheffer use an original, hand-collected dataset of the design and construction of 112 energy-efficient “green” buildings in the United States, combined with in-depth fieldwork, to study these questions. A key conclusion is that the mature US construction industry, with its particularly fragmented supply chain, is not well suited to implementing “systemic innovations” that require coordination across trades or stages of the project. However, project integration across specialists with the highest levels of interdependence (i.e., craft, contract integration) mitigates the knowledge and coordination problems. There are implications for research on how technology shapes organizations (and particularly how organizations shape technology), and on the supply chain configuration strategies of firms in the construction industry as well as building owners who are seeking to build the best buildings possible within their budgets.
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Donna J. Wood and Raymond E. Jones
This paper uses a stakeholder framework to review the empirical literature on corporate social performance (CSP), focusing particularly on studies attempting to correlate social…
Abstract
This paper uses a stakeholder framework to review the empirical literature on corporate social performance (CSP), focusing particularly on studies attempting to correlate social with financial performance. Results show first that most studies correlate measures of business performance that as yet have no theoretical relationship (for example, the level of corporate charitable giving with return on investment). To make sense of this body of research, CSP studies must be integrated with stakeholder theory. Multiple stakeholders (a) set expectations for corporate performance, (b) experience the effects of corporate behavior, and (c) evaluate the outcomes of corporate behavior. However, we find that the empirical CSP literature mismatches variables in terms of which stakeholders are relevant to which kind of measure. Second, only the studies using market‐based variables and theory show a consistent relationship between social and financial performance, particularly those showing a negative abnormal return to the stock price of companies experiencing product recalls. Although this paper shows that the CSP construct is not yet well‐specified enough to produce stronger results, recent research suggests that much progress is being made both empirically and theoretically in developing valid and reliable measures of corporate social performance.
Roger Reinsch, Raymond J. Jones, III and Randy Skalberg
The purpose of this study is to examine the choices social enterprises in the USA have about the legal formation of their business. Recently, new legal forms have been developed…
Abstract
Purpose
The purpose of this study is to examine the choices social enterprises in the USA have about the legal formation of their business. Recently, new legal forms have been developed in the USA to ensure social goals are legally embedded into the firm. While the development of these new alternative supports social missions, organizations should be aware of both the benefits and drawbacks, which are outlined in this paper. Additionally, we draw on the US Supreme Court’s decision in the Hobby Lobby case to illustrate how social enterprises can embed their social mission into their legal foundation using traditional legal structures, accomplishing the same purpose as the new socially oriented alternatives.
Design/methodology/approach
The authors provide a detailed assessment of the social-oriented legal forms of business based on precedent set in the US Supreme Court Hobby Lobby case.
Findings
Based on precedent in the Hobby Lobby case, the authors’ view is that traditional US legal business structures can be as effective as alternative socially oriented legal forms in the US as a method to legally prevent mission drift by legally embedding social goals into the legal structure of the firm.
Practical implications
By highlighting how social enterprises can use traditional US legal business forms to ensure their social mission as part of the organizational goals, the authors provide another legal avenue, and so US-based social enterprises can continue to focus on addressing social issues without worrying about mission drift from legal pressures.
Social implications
There is quite a lot of hype surrounding the development and adoption of socially oriented legal business forms in the USA with little discussion about the actual need for these new forms. The alternative perspective by the authors informs social enterprises how they can operate within the traditional US legal system while still focusing on their social mission.
Originality/value
The authors are one of the first to argue, based on precedent in the Hobby Lobby case, that US social enterprises need to critically examine which type of legal form is right for their business and what will offer them most benefit to their social mission in the long run.
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The social indicator approach represents an extension and a change in direction of traditional methods of statistical assessment. Professor Raymond Bauer, a pioneer of the social…
Abstract
The social indicator approach represents an extension and a change in direction of traditional methods of statistical assessment. Professor Raymond Bauer, a pioneer of the social indicator movement, has described them as:
Geoffrey J. Simmons, Mark G. Durkin, Pauric McGowan and Gillian A. Armstrong
As evidence mounts on the importance of small to medium‐sized enterprises (SMEs) to national and international economies and the opportunities presented to them by the internet…
Abstract
Purpose
As evidence mounts on the importance of small to medium‐sized enterprises (SMEs) to national and international economies and the opportunities presented to them by the internet, it becomes important to understand the key issues which determine internet adoption and utilisation. With literature on SME internet adoption fragmented and incoherent, there is also a need for conceptual framework development and testing to provide more focused research in this important area. Several researchers have also highlighted a need for research which concentrates more on specific industrial sectors rather than taking a more generalist approach to SME internet adoption. Within this evolving research context, the agri‐food industry makes a particularly relevant area of study, which this paper aims to study.
Design/methodology/approach
This paper addresses this purpose by conducting a study of 50 Northern Ireland SME agri‐food companies. The study utilises and tests a conceptual framework derived from the extant literature in relation to the determinants of SME web site adoption and utilisation.
Findings
The findings of this study point to the need for SME agri‐food companies to develop an awareness of the internet's efficacy for their business and a subsequent dynamic strategic approach in adoption and utilisation. However, the lack of marketing ability and negative industry norms prevalent within developed economy agri‐food industries will contribute negatively to internet adoption and utilisation. These will need to be addressed if the internet, and web site adoption and utilisation in particular, are to provide an effective business tool. The research findings support the conceptual framework's usefulness as a research tool. The findings point to the importance of marketing ability and industry norms in relation to their impact on the central determinants of internet adoption by the SME agri‐food companies studied.
Originality/value
In this paper it is contended that a lack of marketing ability and negative industry attitudes towards internet adoption and utilisation will constrain levels of awareness of the efficacy of the internet as a business tool for the individual businesses researched. The findings reveal that this will subsequently contribute to a lack of strategic web site development and subsequent utilisation.
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Current issues of Publishers' Weekly are reporting serious shortages of paper, binders board, cloth, and other essential book manufacturing materials. Let us assure you these…
Abstract
Current issues of Publishers' Weekly are reporting serious shortages of paper, binders board, cloth, and other essential book manufacturing materials. Let us assure you these shortages are very real and quite severe.