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Article
Publication date: 6 July 2010

Robert D. Austin and Lee Devin

Interest in the uses and effects of art and methods of art making in businesses of all kinds is on the rise. In this paper, we show that the “arts‐in‐business movement” is no mere

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Abstract

Purpose

Interest in the uses and effects of art and methods of art making in businesses of all kinds is on the rise. In this paper, we show that the “arts‐in‐business movement” is no mere fad, that it is, in fact, driven by fundamental economic forces, two tectonic shifts moving the business world. Financial crises and other like disruptions not withstanding, these shifts will increasingly influence how companies, especially those based in developed economies, compete. Consequently, business success in a not‐too‐distant future will, for many companies, require a new understanding of art and art making, a sophisticated appreciation of, and a feel for, aesthetic principles.

Design/methodology/approach

We develop an economics and business strategy based model using historical facts and empirical patterns to illustrate how two tectonic shifts now gathering force and momentum will change the way businesses, especially those based in developed economies, compete. The first shift, toward differentiation based business strategies, arises from the emerging realities of the globalized economy, and is enabled by increasingly mature communications and transportation networks. The second shift, toward iterative modes of production that lead to more artful innovation, is supported by recent developments in information technology. We compare the transformation from Industrial to Post‐Industrial economy to a centuries earlier transition from Craft to Industrial economy, demonstrating that the changes underway have potential to be every bit as important as those earlier changes. Our arguments and analyses are based on and summarize findings from a multi‐year field based research project.

Findings

Business success in the not‐too‐distant future will, for many companies, require a new understanding of art and art making, a sophisticated appreciation of, and a feel for, aesthetic principles. Managers will need to improve their understanding of these principles, will succeed or fail in business competition based on how well they master them. Although many have long labeled certain poorly understood aspects of business “art” and wished to turn them into science or engineering, to make them more industrial, something more like the opposite will occur – some formerly industrial aspects of business will evolve into something very like art.

Practical implications

Firms that develop and exploit artful methods will be a step ahead of their competition. Insightful managers should begin now gaining a better understanding of how notions like “aesthetic coherence” can improve their ability to compete.

Originality/value

This paper looks at current events from a perspective rare in business practice and research, presenting familiar facts in a new light, and urging a long‐term view quite different to the current short‐term reasons for moving work off shore. We reach conclusions opposite (or nearly so) what many might casually assume, reaching counterintuitive endpoints of our empirically and analytically developed arguments, which many readers will consider surprising.

Details

Journal of Business Strategy, vol. 31 no. 4
Type: Research Article
ISSN: 0275-6668

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Article
Publication date: 1 January 2004

Kathleen M. Utecht, Randall B. Hayes and Patrick A. Okonkwo

The current interest in Enterprise Resource Planning (ERP) software systems is based primarily on the principle of the system: generating real time data, enabling linkages across…

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Abstract

The current interest in Enterprise Resource Planning (ERP) software systems is based primarily on the principle of the system: generating real time data, enabling linkages across functional areas and divisions, and, thereby, promoting the integration of information across all of the units of a business at one time. Indeed, in practice, such a system not only cultivates accurate and timely information which is available for all operations in a company, including those in global locations, but also fosters more effective decision making and the attainment of the competitive advantage. This study, therefore, examines the benefits of implementing an ERP system, in general, and SAP R/3, a type of ERP system in particular, in the headquarters of major corporations in the United States, as well as in the factories of these corporations located in Guadalajara, Mexico. More specifically, eight corporations which have adopted SAP R/3 and include AT&T, Compaq, Eastman Kodak, Hershey Foods, Hewlett‐Packard, IBM, Intel, and Motorola are examined, and the benefits and merit of having the same SAP R/3 software system in their installations in Guadalajara, Mexico are explored.

Details

Competitiveness Review: An International Business Journal, vol. 14 no. 1/2
Type: Research Article
ISSN: 1059-5422

Keywords

Available. Content available
Article
Publication date: 15 July 2014

Craig Henry

662

Abstract

Details

Strategy & Leadership, vol. 42 no. 4
Type: Research Article
ISSN: 1087-8572

Available. Content available
Article
Publication date: 6 July 2010

Harvey Seifter and Ted Buswick

994

Abstract

Details

Journal of Business Strategy, vol. 31 no. 4
Type: Research Article
ISSN: 0275-6668

Available. Content available
Book part
Publication date: 15 September 2022

Jens P. Flanding and Genevieve M. Grabman

Free Access. Free Access

Abstract

Details

Purpose-driven Innovation: Lessons from Managing Change in the United Nations
Type: Book
ISBN: 978-1-80382-143-6

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Article
Publication date: 5 September 2016

Andrew Blake, Robert Robinson, Alex Rovira and Charles Sommers

To alert financial market participants to rules jointly proposed by the US Securities and Exchange Commission (SEC) and US Federal Deposit Insurance Corporation (FDIC) regarding…

101

Abstract

Purpose

To alert financial market participants to rules jointly proposed by the US Securities and Exchange Commission (SEC) and US Federal Deposit Insurance Corporation (FDIC) regarding orderly liquidation of certain large broker-dealers as mandated in Title II of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank).

Design/methodology/approach

Explains how typical broker-dealer liquidations are generally effected, the alternative of determining a broker-dealer to be a “covered broker-dealer” to be liquidated through an orderly liquidation proceeding under Title II of Dodd-Frank, the appointment of the FDIC as receiver and Securities Investor Protection Corporation (SIPC) as trustee, the requirement for the SIPC to file a protective decree with a federal district court, the possible use of “bridge broker-dealers” to facilitate an orderly liquidation, the FDIC’s procedures for settling claims of customers and other creditors against covered broker-dealers, and additional proposed provisions for administrative expenses and unsecured claims.

Findings

Counterparties of broker-dealers that could be subject to an orderly liquidation proceeding should evaluate the proposal and consider whether, if adopted, the rules would require any changes to credit risk or other internal procedures. Large broker-dealers that could be the subject of such an orderly liquidation proceeding should do the same. Although the formal comment period has closed regarding the proposal, market participants that did not submit comments but who still wish to influence final rule making should still consider submitting written comments to the SEC and FDIC or otherwise advocating before them.

Originality/value

Practical guidance from experienced securities and financial services lawyers.

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Book part
Publication date: 23 July 2019

Claretha Hughes, Lionel Robert, Kristin Frady and Adam Arroyos

Abstract

Details

Managing Technology and Middle- and Low-skilled Employees
Type: Book
ISBN: 978-1-78973-077-7

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Article
Publication date: 1 March 2011

Toru Eguchi, Robert Schmidt, Andrew Dainty, Simon Austin and Alistair Gibb

This paper explores the adaptability of buildings in Japan from the perspective of three distinct practice typologies: large general contractors, large architectural design firms…

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Abstract

This paper explores the adaptability of buildings in Japan from the perspective of three distinct practice typologies: large general contractors, large architectural design firms, and small design ateliers. The paper illustrates the cultivation of adaptability in Japan revealing a maturing of concepts into current innovations, trends, priorities, and obstacles in relation to adaptability in design. The paper contextualizes the situation by reviewing the evolution of residential development in support of building adaptability, and the ways in which these policies and concepts have shaped practice and transcended residential design. This evolution is then explored through non-residential case studies undertaken by the three practice types, and supported through a review of critical themes emerging from the interviews. The importance of particular physical characteristics are examined including storey height, location of services, planning modules and structural spacing/spans. The interviews expose the critical relationship between adaptability and different social variables - the state of the market, the role of planning regulations and other legal frameworks; as well as, the misconceptions and variations in the perceptions on the role and meaning adaptability has in practice. The paper is concluded by revealing the lessons learnt, including the unfolding of dependencies outside the ‘black box’ of adaptability (e.g. practice culture, material and, stakeholder mindsets) and the requirement of effective communication of concepts to allow an informed conversation between professionals and with clients and users. Like many other philosophical design concepts in complex processes, adaptability benefits from a mutual understanding, good relationships, communication, integration, and shared goals amongst team members.

Details

Open House International, vol. 36 no. 1
Type: Research Article
ISSN: 0168-2601

Keywords

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Book part
Publication date: 31 July 2020

David B. Szabla, Elizabeth Shaffer, Ashlie Mouw and Addelyne Turks

Despite the breadth of knowledge on self and identity formation across the study of organizations, the field of organizational development and change has limited research on the…

Abstract

Despite the breadth of knowledge on self and identity formation across the study of organizations, the field of organizational development and change has limited research on the construction of professional identity. Much has been written to describe the “self-concepts” of those practicing and researching in the field, but there have been no investigations that have explored how these “self-concepts” form. In addition, although women have contributed to defining the “self” in the field, men have held the dominant perspective on the subject. Thus, in this chapter, we address a disparity in the research by exploring the construction of professional identity in the field of organizational development and change, and we give voice to the renowned women who helped to build the field. Using the profiles of 17 American women included in The Palgrave Handbook of Organizational Change Thinkers, we perform a narrative analysis based upon the concepts and models prevalent in the literature on identity formation. By disentangling professional identity formation of the notable women in the field, we can begin to see the nuance and particularities involved in its construction and gain deeper understandings about effective ways to prepare individuals to work in and advance the field.

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Book part
Publication date: 4 October 1996

Robert A. Seal

Abstract

Details

Advances in Librarianship
Type: Book
ISBN: 978-1-84950-879-7

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