Tom Copeland, Tim Roller and Jack Murrin
When the time comes to make a European acquisition or divestiture, you will be relieved to have this step‐by‐step guide to valuing a multinational business on hand. This article…
Abstract
When the time comes to make a European acquisition or divestiture, you will be relieved to have this step‐by‐step guide to valuing a multinational business on hand. This article, written from the point of view of a finance executive, is adapted from Valuation: Measuring and Managing the Value of Companies.
DRAUGHTSMEN can make a major contribution to productivity provided they are trained in work study. This fact emerged from a paper presented by Mr. B. A. Dyson, General Manager…
Abstract
DRAUGHTSMEN can make a major contribution to productivity provided they are trained in work study. This fact emerged from a paper presented by Mr. B. A. Dyson, General Manager (Overseas Production) of Hoover Ltd., to a joint work study conference organised by the British Institute of Management.
Jaco Lok, W. E. Douglas Creed and Rich DeJordy
The concept of (self-)identity has become increasingly central to institutional theory’s microfoundations, yet remains relatively underdeveloped. In this chapter, the authors use…
Abstract
The concept of (self-)identity has become increasingly central to institutional theory’s microfoundations, yet remains relatively underdeveloped. In this chapter, the authors use an autobiographical interview with a gay Protestant minister in the US to explore the role of narrative conventions in the construction of self-identity. The analysis of this chapter offers the basis for a new understanding of the relation between institutions, self-identity, and agency: how we agentically engage institutions depends not only on who we narrate ourselves to be, but also on how we narrate ourselves into being. This suggests that narration as a specific modality of micro-institutional processes has important performative effects.
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Focuses on the successful leadership techniques of three unexpected leaders: Steve Jobs, Robert Polet and Tim Gunn.
Abstract
Purpose
Focuses on the successful leadership techniques of three unexpected leaders: Steve Jobs, Robert Polet and Tim Gunn.
Design/methodology/approach
This briefing is prepared by an independent writer who adds their own impartial comments.
Findings
In 1976, at the age of 21, a then unknown young innovator co‐started a company in his parent's garage. Four years later he was worth $200 million, but when he was thirty his own company threw him out. Twelve years later they begged for him back, and Steve Jobs returned to Apple. In the fashion sector, France's Pinault family paid $8 billion for Gucci, sacked the company's CEO and most famous designer and hired the so called “ice‐cream” man Robert Polet to come and direct the show. Equally unpredictable, young CEO of Liz Claibourne Inc. William McComb decided to hire Tim Gunn, a man with a background in education and, more recently, TV, to change the fortunes of his company. In all three cases, hiring and firing decisions have been the subject of outrage, derision and very nervous stock brokers. But in all three cases the decisions have proved good. What is it about these three leaders that have them succeeding against the odds?
Practical implications
Offers advice to aspiring leaders in the business world.
Originality/value
Presents three successful but different leadership personalities, pointing out what three diverse men actually have in common.
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Ing Liang Wong, Philip Eames and Srinath Perera
Transparent insulation materials (TIMs) have been developed for application to building facades to reduce heating energy demands of a building. The purpose of this research is to…
Abstract
Purpose
Transparent insulation materials (TIMs) have been developed for application to building facades to reduce heating energy demands of a building. The purpose of this research is to investigate the feasibility of TI‐applications for high‐rise and low‐rise office buildings in London, UK, to reduce heating energy demands in winter and reduce overheating problems in summer.
Design/methodology/approach
The energy performance of these office building models was simulated using an energy simulation package, Environmental Systems Performance‐research (ESP‐r), for a full calendar year. The simulations were initially performed for the buildings with conventional wall elements, prior to those with TI‐systems (TI‐walls and TI‐glazing) used to replace the conventional wall elements. Surface temperatures of the conventional wall elements and TI‐systems, air temperature inside the 20 mm wide air gaps in the TI‐wall, dry‐bulb zone temperature and energy demands required for the office zones were predicted.
Findings
Peak temperatures of between 50 and 70°C were predicted for the internal surface of the TI‐systems, which clearly demonstrated the large effect of absorption of solar energy flux by the brick wall mass with an absorptivity of 90 percent behind the TIM layer. In the office zones, the magnitude of temperature swings during daytime was reduced, as demonstrated by a 10 to 12 h delay in heat transmission from the external façade to the office zones. Such reduction indicates the overheating problems could be reduced potentially by TI‐applications.
Originality/value
This research presents the scale and scope of design optimisation of TI‐systems with ESP‐r simulations, which is a critical process prior to applications to real buildings.
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IN a departure from usual practice this issue concentrates to a large extent upon a single subject — Mechanical Handling. It coincides with that industry's exhibition at Earls…
Abstract
IN a departure from usual practice this issue concentrates to a large extent upon a single subject — Mechanical Handling. It coincides with that industry's exhibition at Earls Court from the 9th to 19th of this month, to be opened by the Rt. Hon. Christopher Chataway, M.P., Minister for Industrial Development. In consequence it was necessary to defer some regular features for a time, for which we apologise.
Machine tending is the oldest of applications for the Industrial Robot, and is even more economically beneficial today than it was in 1960 when the first robot was installed at a…
Abstract
Machine tending is the oldest of applications for the Industrial Robot, and is even more economically beneficial today than it was in 1960 when the first robot was installed at a die casting machine. Robots now serve many more types of machines and a number of recent applications are described. These include injection moulding machines, machining centres, CNC lathes, cylindrical grinders and press brakes. All these cases identify the key benefit of “lights out” operation. However, the absence of operators brings the problems of unscheduled stoppages going undetected until “the day shift arrives”. One answer discussed is remote monitoring by tele‐linking the machine to a control centre. Finally, a case study is described of a polishing cell for stainless steel sanitary and catering equipment in which the robots handle the parts as well as manipulate the polishing tools.
Sebastian Stopp, Thomas Wolff, Franz Irlinger and Tim Lueth
This paper aims to verify a new method for accurate part manufacturing using a 3D printer. In particular, the direction and position dependence of the printed results are to be…
Abstract
Purpose
This paper aims to verify a new method for accurate part manufacturing using a 3D printer. In particular, the direction and position dependence of the printed results are to be verified within the building area. The results of the accomplished experiments are to be used for the computation of new printer adjustments.
Design/methodology/approach
Test cubes with a defined edge length were printed and measured afterwards. The test cubes were distributed thereby either over the entire building area or only for a small part of the building area. Next, the test cubes were measured and the differences between measured and desired values were used for adjustment of the printer parameter settings. Therefore, the “bleed compensation” settings were used.
Findings
The deviations depended strongly on the position in the building area of the printer. In dependence of the position and orientation, different deviations in the three dimensions of the printer coordinate system resulted. By a calibration of the printer parameters for a reduced part of the processed area, the print accuracy could be strongly increased. Afterward, the calibration the deviations could be reduced from 0.4 mm ±0.2 mm to under 0.04 mm ±0.03 mm.
Originality/value
The work shows the position and direction dependency of the 3D‐printer manufacturing accuracy. Furthermore, a calibration procedure for bleed compensation calibration is presented.
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Many American companies in mature industries have become uncompetitive because restrictive work practices and labor costs have outstripped productivity. One answer to the dilemma…
Abstract
Many American companies in mature industries have become uncompetitive because restrictive work practices and labor costs have outstripped productivity. One answer to the dilemma may lie in employee ownership of the business.
MANY who realise the implications of White's book on The Organisation Man have probably closed it with the self‐satisfied reflection that ‘it can't happen here.’ That is the…
Abstract
MANY who realise the implications of White's book on The Organisation Man have probably closed it with the self‐satisfied reflection that ‘it can't happen here.’ That is the anodyne we generally swallow to protect us from disagreeable fears.