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Article
Publication date: 1 December 2004

Vin D’Amico

If a critical part of your business was knocked out of commission for a few days, would your business survive? What would you do during that time? Close the doors? Take orders by…

800

Abstract

If a critical part of your business was knocked out of commission for a few days, would your business survive? What would you do during that time? Close the doors? Take orders by hand? Refer people to a competitor? How much business would you lose? How quickly could you recover?

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Handbook of Business Strategy, vol. 5 no. 1
Type: Research Article
ISSN: 1077-5730

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Available. Content available
Article
Publication date: 6 March 2007

369

Abstract

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Business Strategy Series, vol. 8 no. 3
Type: Research Article
ISSN: 1751-5637

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Article
Publication date: 1 December 2005

Vin D’Amico

This paper provides a clear and simple means of evaluating and managing a portfolio of information technology projects. The ultimate goal being a major reduction in the failure…

2034

Abstract

This paper provides a clear and simple means of evaluating and managing a portfolio of information technology projects. The ultimate goal being a major reduction in the failure rate for such projects. The phrase “alignment of business and technology goals” (or some variation thereof) is widely used. But, how do you go about “aligning” such intangibles? And, what does “alignment” mean when it comes to information technology projects? Most companies struggle with these questions. The real problem is that they are dealing with the issues on an individual project basis when they should be evaluating all projects as a portfolio. For example, financial investors diversify. There is not a single investment that provides complete risk and reward diversification. Likewise, attempting to manage individual projects to meet corporate goals is futile. Manage the project portfolio instead. Many companies have used Project Portfolio Management successfully. While their results vary, there have been clear, definable gains from using one or more of the approaches discussed in this article. Failure rates for information technology projects are much too high. The survival of information technology as a strategic corporate service depends on better management of IT project portfolios. Too much is written about theories of management or concepts for dealing with failure. This paper is different. It is focused on practical ideas and metrics that any corporation can put to immediate use.

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Handbook of Business Strategy, vol. 6 no. 1
Type: Research Article
ISSN: 1077-5730

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Article
Publication date: 6 March 2007

Vin D'Amico

One of the biggest hindrances to corporate growth lurks in the shadows – emergency disruptions. How companies deal with them will govern how rapidly they are able to grow. There…

2536

Abstract

Purpose

One of the biggest hindrances to corporate growth lurks in the shadows – emergency disruptions. How companies deal with them will govern how rapidly they are able to grow. There is too much emphasis on “major disasters” like floods, earthquakes and terrorist attacks. Meanwhile, there is not enough emphasis on “daily disruptions” like security violations, supply problems and equipment breakdowns. It's the little things that can destroy productivity and leave a company scrambling for survival.

Design/methodology/approach

A comprehensive review of the literature related to business continuity and disaster recovery planning served as a foundation for this article, though the real‐world stories of how companies handled disasters was more valuable.

Findings

Most companies create lengthy manuals full of disaster response information. This material is difficult to understand and maintain. Worst of all, there is little emphasis on prevention.

Practical implications

Companies must separate business continuity planning into three phases: planning and prevention (resolve phase), disaster response (respond phase) and, return to normal (rebuild phase). They must also think about three levels of disruption because disasters vary widely in scope and complexity.

Originality/value

Breaking down business continuity planning into phases and levels is a new approach. Senior executives, middle managers and business owners should embrace the concepts outlined in this article.

Details

Business Strategy Series, vol. 8 no. 3
Type: Research Article
ISSN: 1751-5637

Keywords

Available. Open Access. Open Access
Article
Publication date: 27 April 2020

Massimo Sargiacomo, Christian Corsi, Luciano D'Amico, Tiziana Di Cimbrini and Alan Sangster

The paper investigates the closure mechanisms and strategies of exclusion concerning the establishment and subsequent functioning of the Collegio dei Rasonati, the professional…

1026

Abstract

Purpose

The paper investigates the closure mechanisms and strategies of exclusion concerning the establishment and subsequent functioning of the Collegio dei Rasonati, the professional body of accountants that was established in Venice in 1581 and operated until the end of the 18th century.

Design/methodology/approach

The research design offers a critical longitudinal explanation of the emergence of the Collegio dei Rasonati as a professional body in the context of Venetian society by relying on the social closure theory elaborated by Collins (1975); Parkin (1979) and Murphy (1988).

Findingse

The Collegio dei Rasonati was established to overcome the prerogatives of a social class in accessing the accounting profession. However, the pre-existing professional elites enacted a set of social closure strategies able to transform this professional body into a stronghold of their privileges.

Research limitations/implications

As virtually all of the evidence concerning the admission examinations has been lost over time, the investigation is restricted to the study of the few examples that have survived. The main implication of the study concerns the understanding of some dynamics leading to neutralize attempts to replace class privileges with a meritocratic system.

Originality/value

The research investigates the structure of the rules of social closure revealing the possibility of an antagonistic relationship between different co-existing forms of exclusion within the same structure. Moreover, it highlights that a form of exclusion can be made of different hierarchical levels.

Details

Accounting, Auditing & Accountability Journal, vol. 33 no. 5
Type: Research Article
ISSN: 0951-3574

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Article
Publication date: 19 May 2023

Riccardo Vecchio, Daniela Toccaceli, Alessandro Pacciani, Carla Cavallo and Gerarda Caso

The scenario of clean wines is rather articulated, and many consumers perceive diverse types of wines as a homogeneous category, not actually related with the true characteristics…

279

Abstract

Purpose

The scenario of clean wines is rather articulated, and many consumers perceive diverse types of wines as a homogeneous category, not actually related with the true characteristics of the products. Additionally, most often, individuals turning to these wines are driven either by health concerns or environmental consciousness or by curiosity. The purpose of this study is to understand whether there are differences in monetary preferences for four distinct clean labels and to analyze the level of interest of diverse market segments of regular wine consumers for this specific category of wines.

Design/methodology/approach

This study applied a computer-assisted Web interviewing technique. A survey was administrated in mid-September 2021 by a professional panel provider to a quota-based sample (N = 1,113) of Italian regular wine consumers. Individual willingness-to-pay (WTP) for red wines carrying different claims (organic, natural, low-sulfites and no-additives) and a conventional counterpart were collected. Clean wines’ WTP were subsequently used for hierarchical clustering.

Findings

Among the clean labels presented, respondents reported a higher WTP for organic wine. Cluster analysis yielded three actionable segments: “Easygoing wine enjoyers” (63.7%), “Convenience drinkers” (13.4%) and “Clean wine passionate” (23%). The latter reveals high preferences for all the investigated clean wines.

Research limitations/implications

Sociodemographics and wine-related characteristics of regular wine consumers particularly interested in clean wines are depicted in this study; further analysis should delve on the core drivers of individual preferences.

Practical implications

Wineries should consider the heterogeneous interest of regular wine consumers for clean wines, developing tailored strategies for specific market segments. Stakeholders interested in safeguarding consumers should carefully monitor the landscape of different clean claims entering the wine market.

Originality/value

To the best of the authors’ knowledge, no previous study has simultaneously analyzed regular wine consumers’ preferences for the four types of clean labels.

Details

International Journal of Wine Business Research, vol. 35 no. 3
Type: Research Article
ISSN: 1751-1062

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Article
Publication date: 21 February 2020

Giuseppina Migliore, Alkis Thrassou, Maria Crescimanno, Giorgio Schifani and Antonino Galati

The aim of this study is to understand which wine quality characteristics, consumers' attitudes and socio-demographic characteristics affect the consumers' willingness to pay…

1724

Abstract

Purpose

The aim of this study is to understand which wine quality characteristics, consumers' attitudes and socio-demographic characteristics affect the consumers' willingness to pay (WTP) a premium price for a bottle of natural wine.

Design/methodology/approach

The research is experimental and investigated the purchasing intentions of 613 Italian wine consumers within a hypothetical setting. In order to elicit WTP for natural wine, a multiple price list (MPL) in a comparison with one bottle of conventional wine, with an average price of €5 was adopted. To understand which quality attributes of wine affect the consumers' WTP for natural wine, a Tobit regression model was implemented.

Findings

The findings reveal that drink frequency and occasion, organic production method, the content of sulfites, income and the attitudes towards healthy eating and the environment are positively associated with a higher WTP for natural wine.

Research limitations/implications

The main limitation of this study is related to both the convenient sample and the limited geographical area. However, identifying which quality attributes of natural wine are most appreciated by consumers and which attitudes affect this behaviour is fundamental in order to develop successful marketing strategies for product development and the design of advertising and communication campaigns.

Originality/value

This study is one of the first to analyse the consumer behaviour towards natural wines contributing to enrich that part of the economic literature which states that consumers have a positive attitude towards sustainable wines.

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Article
Publication date: 11 January 2022

Eva Parga-Dans, Pablo Alonso González and Raimundo Otero-Enríquez

The complexity in determining the quality of a credence good like wine increases due to the lack of mandatory ingredient labeling. This has generated a significant information…

232

Abstract

Purpose

The complexity in determining the quality of a credence good like wine increases due to the lack of mandatory ingredient labeling. This has generated a significant information asymmetry in the wine market, leading consumers to delegate their purchase decisions to expert rankings and wine guides. This paper explores whether expert assessments reduce the information asymmetry caused by the absence of ingredient labeling in the wine market.

Design/methodology/approach

By employing analysis of variance (ANOVA) in a sample of 304 wines included in the Wine Guide of the Spanish Consumers Organization (OCU), this paper assesses the extent to which expert assessments based on sensory evaluations converge with the objective cues provided by laboratory analysis in wine quality evaluations.

Findings

Results reveal a mismatch between expert assessments and laboratory analyses. Chemical aspects such as SO2 levels or volatile acidity, sensorial factors such as intensity and persistence, and extrinsic variables such as the region of origin or wine type play an important role in the quality ranking of wines.

Originality/value

These findings call for the inclusion of objective intrinsic cues in expert sensory assessments to provide consumers reliable information about wines and to resolve the apparent dissonances in wine quality assessments.

Details

British Food Journal, vol. 124 no. 12
Type: Research Article
ISSN: 0007-070X

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Article
Publication date: 9 December 2019

Martin Quinn, Martin Hiebl, Romilda Mazzotta and Stefania Veltri

This paper aims to draw on a family business perspective to explore the historic accounting records of an Italian liquorice juice business. The applicability of the three-circle…

849

Abstract

Purpose

This paper aims to draw on a family business perspective to explore the historic accounting records of an Italian liquorice juice business. The applicability of the three-circle model of family business systems to such an historic context is examined.

Design/methodology/approach

Using archival records, the Cassa accounting book of the business is studied. Its transactions are examined to distinguish family and business items over the period from 1875 to 1920.

Findings

Through an analysis of the accounting records, the family, ownership and business systems are shown to overlap more than typically expected in a contemporary setting.

Originality/value

Contemporary literature suggests the three-circle model of a family business is relatively static, but it has not been applied to an historic context. This study suggests that the model can be applied in historic studies, but it is not static over time with its elements needing refinement.

Details

Journal of Management History, vol. 26 no. 2
Type: Research Article
ISSN: 1751-1348

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Article
Publication date: 24 July 2024

Seema Bhardwaj, Ritika Chopra and Eugene Cheng-Xi Aw

The wine market has witnessed intensified competition across all aspects. However, there is a limited systematic assessment of wine marketing literature. This study employs…

306

Abstract

Purpose

The wine market has witnessed intensified competition across all aspects. However, there is a limited systematic assessment of wine marketing literature. This study employs bibliometric and thematic content evaluation methodologies to present a comprehensive summary and trend of the existing research in wine marketing.

Design/methodology/approach

This integrates bibliometric and thematic content analytical techniques to trace the evolutionary arc of wine marketing research, underpinned by a framework-based evaluation - the 4 Ws (what, where, why, and how) to give a thorough overview of wine marketing literature. We draw on the thematic structure of wine marketing research by conducting keyword co-occurrence, thematic, social network, and cluster-based content analyses. A total of 291 publications from peer-reviewed journals, spanning the years 2001–2023, were examined in the present study.

Findings

The bibliometric analysis is used to determine the most notable journals, authors, nations, articles, and themes, thereby offering a comprehensive understanding of the publication trends within the sphere of wine marketing. Based on the findings, this study advocates a research agenda to extend further contributions to the field of wine marketing.

Originality/value

The study performs a comprehensive analysis of the publication patterns, influential authors, and emerging trends within the wine marketing research field. It provides a unique insight into the evolution and development of wine marketing as a scholarly discipline, facilitating future research directions and knowledge advancement.

Details

Marketing Intelligence & Planning, vol. 42 no. 7
Type: Research Article
ISSN: 0263-4503

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