Friedrich Hedtrich, Jens‐Peter Loy and Rolf A.E. Müller
The purpose of this paper is to evaluate the possible advantages of applying prediction markets to supply network management. Are the same encouraging results possible as in the…
Abstract
Purpose
The purpose of this paper is to evaluate the possible advantages of applying prediction markets to supply network management. Are the same encouraging results possible as in the election application of prediction markets?
Design/methodology/approach
This is a paper focused on the requirements and the possible results of the application based on the literature for supply network management and prediction markets. It discusses the potential of prediction markets to improve information management in supply networks.
Findings
The paper finds that prediction markets are a new instrument to collect the diverse information among the supply chain members, and to publish this information to the other members.
Practical implications
Prediction markets are able to improve the information basis for decision making in supply chains.
Originality/value
This paper shows the application of prediction markets in a supply network management case and the possibilities and limitations of prediction markets to collect, and publish information within the supply chain.
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Ralf Müller and Miia Martinsuo
– The purpose of this paper is to identify the impact of relational norms on project success in different project governance contexts.
Abstract
Purpose
The purpose of this paper is to identify the impact of relational norms on project success in different project governance contexts.
Design/methodology/approach
A worldwide web-based questionnaire yielded 200 responses. Results from regression analyses supported the hypothesis that relational norms impact project success. Hierarchical regression analyses showed the moderating effect of governance and control on the relationship between relational norms and project success.
Findings
Relational norms in the buyer-supplier relationship are positively associated with project success. This relationship is moderated by the strictness of project governance, especially the level of flexibility left to the project manager. Lower levels of managerial flexibility are detrimental to project success in cases of weak relational norms and supportive of project success in cases of high relational norms.
Research limitations/implications
Academic implications stem from the indication that control has a low influence on the relationship between relational norms and project success, but that the level of managerial flexibility ultimately influences the choice of relational norms needed for a project to be successful.
Practical implications
Clear organizational structures and methodologies are supportive of project success in cases of good relational norms. Therefore, project management training should focus on the relationship building capabilities of project managers, to leverage investments in existing methods and organizational structures.
Originality/value
The paper extends the insights of the importance of soft aspects in managing projects across organizational borders and different governance structures.
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Knowledge-intensive organizations tend to be project intensive having many projects of different size and importance. In this context, competence evolves through projects. The…
Abstract
Purpose
Knowledge-intensive organizations tend to be project intensive having many projects of different size and importance. In this context, competence evolves through projects. The purpose of this paper is to identify the mechanisms that steers competence management in these kinds of organizations and also the factors that are involved in the human capital contribution to competitive advantage in relation to the interaction between parent organizations and projects.
Design/methodology/approach
This study has a contingency theory perspective and consists of a literature search in the following domains: project-intensive organizations, knowledge-intensive organizations, competence management, human resource management and dynamic capabilities and learning.
Findings
The main contribution of this study is the theoretical framework derived from different domains. The framework is called the competence loop and explains how projects generate competence that the parent organization can either exploit in further activities or use for strategy adjustment. It also explains how an organization can use learning strategies to support competence exploration/exploitation. Another contribution is the description of the relationship between dynamic capabilities and organizational learning in project-intensive organizations.
Research limitations/implications
This paper is a conceptual paper intended to create a base for further empirical studies.
Originality/value
The paper combines different domains to define a framework that is a new approach to competence management in a project-parent organizational context. The framework includes learning and competence management characteristics and has both theoretical and practical value.
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The purpose of this paper is to describe a useful mentorship experience from the perspective of the current author. It is a one case study at the same time as it opens up for…
Abstract
Purpose
The purpose of this paper is to describe a useful mentorship experience from the perspective of the current author. It is a one case study at the same time as it opens up for reflections on mentorship in a variety of contexts with implications for academia.
Design/methodology/approach
Storytelling and reflections for the sake of reviving the notions of mentorship in academia by paying tribute to a trusted mentor.
Findings
The story is about how the mentorship evolved as part of a friendship relation, but the story has also implications for how mentoring can be developed as a personal strategy.
Originality/value
Mentoring can either be planned as a deliberate process or it can just happen, growing out of experiences from working with another person.
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Competence management should no longer be considered as disconnected activities with few relationships with the organizational goals. It is the viewpoint that competence…
Abstract
Purpose
Competence management should no longer be considered as disconnected activities with few relationships with the organizational goals. It is the viewpoint that competence management as a whole consists of different mechanisms and strategies that involve many functions in the organization and link strategy, product/service development, and innovation. The purpose of this paper is to explore how a public knowledge-intensive, project-intensive organization manages competence in relation to its organizational goals and to identify which mechanisms are involved in this process as well as the underlying factors of those mechanisms.
Design/methodology/approach
The research was conducted following a single case study approach using several sources of evidence in a public organization responsible for public transport in the south of Sweden.
Findings
A theoretical framework called the competence loop is used as a platform. The results expand the framework by identifying underlying factors constituting the mechanisms and categorizing those factors in organizational and social dimensions. Another contribution is the competence concept including the factors that generate new competence. Furthermore, the study highlights that organizational culture has an impact on efficient competence management.
Research limitations/implications
This study was conducted in a public organization; similar studies should be conducted in other kinds of knowledge-intensive, project-intensive organizations.
Originality/value
The results provide support to practitioners when trying to understand how competence evolves, how to facilitate learning in organizations that are reliant on human resources, how to manage competence to achieve organizational success, and show the role of the project as a competence arena.
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Florian Philipp Federsel, Rolf Uwe Fülbier and Jan Seitz
A gap between research and practice is commonly perceived throughout accounting academia. However, empirical evidence on the magnitude of this detachment remains scarce. The…
Abstract
Purpose
A gap between research and practice is commonly perceived throughout accounting academia. However, empirical evidence on the magnitude of this detachment remains scarce. The authors provide new evidence to the ongoing debate by introducing a novel topic-based approach to capture the research-practice gap and quantify its extent. They also explore regional differences in the research-practice gap.
Design/methodology/approach
The authors apply the unsupervised machine learning approach Latent Dirichlet allocation (LDA) to compare the topical composition of 2,251 articles from six premier research, practice and bridging journals from the USA and Europe between 2009 and 2019. The authors extend the existing methods of summarizing literature and develop metrics that allow researchers to evaluate the research-practice gap. The authors conduct a plethora of additional analyses to corroborate the findings.
Findings
The results substantiate a pronounced topic-related research-practice gap in accounting literature and document its statistical significance. Moreover, the authors uncover that this gap is more pronounced in the USA than in Europe, highlighting the importance of institutional differences between academic communities.
Practical implications
The authors objectify the debate about the extent of a research-practice gap and stimulate further discussions about explanations and consequences.
Originality/value
To the best of the authors' knowledge, this is the first paper to deploy a rigorous machine learning approach to measure a topic-based research-practice gap in the accounting literature. Additionally, the authors provide theoretical rationales for the extent and regional differences in the research-practice gap.
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ELSEWHERE in this number we list libraries which have Esent us copies of their annual reports which we are glad to have. Now and again we are able to elaborate on these, but in…
Abstract
ELSEWHERE in this number we list libraries which have Esent us copies of their annual reports which we are glad to have. Now and again we are able to elaborate on these, but in the present issue that has not been possible. We would say, however, that these reports are deserving of the attention of librarians generally, and of students at the library schools. They are records of work in progress, and they do suggest the development of library policy. The best of them are of textbook value.
Rolf Mahnken, Magnus Johansson and Kenneth Runesson
In this work a gradient‐based optimization method is applied in order to determine material parameters for a viscoplastic model with dynamic yield surface coupled to damage as…
Abstract
In this work a gradient‐based optimization method is applied in order to determine material parameters for a viscoplastic model with dynamic yield surface coupled to damage as presented in 1997. To this end a sensitivity analysis consistent with the integration scheme presented previously is performed in a systematic manner, both for strain and stress controlled experiments. The algorithm is tested in two numerical examples: first, simulated data are used, in order to re‐obtain parameters for the case of damage under monotonic loading. In the second example material parameters are obtained based on experimental data for lcf‐testing of an austenetic stainless steel, thus showing a very good agreement with respect to hardening, rate and damage effects.
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Gerald Oeser, Tanju Aygün, Claudia-Livia Balan, Thomas Corsten, Christian Dechêne, Rolf Ibald, Rainer Paffrath and Marcus Thomas Schuckel
The purpose of this paper is to gain a general holistic view of implications of the growing and highly relevant customer segment of elder consumers for the food demand chain (food…
Abstract
Purpose
The purpose of this paper is to gain a general holistic view of implications of the growing and highly relevant customer segment of elder consumers for the food demand chain (food retail, production, logistics, and business informatics) in Germany.
Design/methodology/approach
This paper takes a holistic demand-chain approach that is based on interviews with 36 German food consumers aged 65-87 and with 50 experts from manufacturing, trade, logistics, and business informatics as well as a survey with 1,288 consumers above 64 years of age and 682 consumers below 65 years of age.
Findings
Physical, statistical, psychological, social, and behavioural characteristics of elder German consumers may influence location, services, and layout of food retail, food variety, sizes, packaging, and labelling, food production, transportation, and storage volumes and capacities, as well as facility location, route, and inventory planning. The social function of grocery shopping especially for single consumers, intergenerational products and services, home-delivery services especially to rural areas, as well as decentralisation and regionalisation are expected to gain importance. Logistics and industry 4.0 can facilitate the efficient and effective supply of food.
Originality/value
This research is the first to investigate the needs and wants of elder German food consumers and their implications for the German food demand chain in a more holistic demand-chain approach.