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Open access

Mike Patterson and Daniel Friesen

Abstract

This paper includes an introduction to the concept of spreadsheet optimization and modeling as it specifically applies to combinatorial problems. One of the best known of the classic combinatorial problems is the “Traveling Salesman Problem” (TSP). The classic Traveling Salesman Problem has the objective of minimizing some value, usually distance, while defining a sequence of locations where each is visited once. An additional requirement is that the tour ends in the same location where the tour started. Variants of the classic Traveling Salesman Problem are developed including the Bottleneck TSP and the Variation Bottleneck TSP.

Open access

Yonpae Park, Sungwoo Jung and Yousef Jahmani

Abstract

The activity-based costing (ABC) systems emerged as a management accounting innovation in the mid-1980s in response to dissatisfaction with traditional management accounting techniques and heightened international competition. Although ABC provides many advantages for managerial decision making, ABC tends to be outdated due to its limitations and is substituted by the time-driven activity-based costing (TDABC) systems. TDABC requires estimates of only two parameters: how much it costs per time unit of capacity to supply resources to activities and how much time it takes to perform each activity. TDABC allows incorporation of variation in the time demands made by different types of processes and consequently the representation of all possible combinations of activities that a process performs. This paper uses TDABC to calculate marketing costs and describes TDABC as a useful technique to reduce marketing resource costs and to support effective marketing decision making in various contexts such as marketing processes restructuring, marketing mix choices, customer profitability and price differentiation for customer classes.

Open access

Nadine El Masri and Abubakr Suliman

Abstract

This paper aims to provide insight into talent management and employee recognition variables, in an effort to understand if these management practices are, in a way, implemented in the Research Institutions in Qatar. It also aims to examine the link of these two constructs to employee performance and to suggest a pathway to improve the current practices, if any, in order to enhance the work performance. The sample of the study consisted of 180 full time employees who were randomly selected and surveyed using an online personalized questionnaire. The results of the empirical research uncover that talent management and employee recognition can significantly affect the level of employee performance, as well contributing to the organizational success and positioning. This study also found that talent management and employee recognition are interrelated variables that affect employee performance. Talent Management and employee performance are seen as strategic tools to implement strategic objectives and to enhance employees and organization’s performance. The study concludes with a set of recommendations for both practitioners and researchers working in Qatar and beyond. The results of the study emphasize the importance of managing employee recognition in shaping work performance. It seems to be individuals’ need for recognition, esteem and social status continues to be a higher order need irrespective of time and context. This paper is the first paper in Qatar and the Middle East that examines the role of talent management and employee recognition in shaping employee performance in the context of research institutions.

Open access

Susil Kumara Silva, B N F Warnakulasuriya and B J H Arachchige

Abstract

This paper is to develop a measurement scale for perceived construction project success to be used for management studies in construction project context. First, a systematic literature review was conducted. A questionnaire was administrated to a sample of 108 construction projects and 47 (44%) questionnaires were received. Exploratory factor analysis was carried out and required steps were followed in the process to establish validity and reliability of the measurement scale. Initially nine criteria with 25 items which can be used for evaluating and driving construction projects were found. Results of factor analysis reveal seventeen measurable items which were loaded on three dimensions/factors. Practitioners can use these criteria as a guiding framework for monitoring and driving their construction projects. This scale will be instrumental for those who are aspired to do research in construction project context. This study may be the first to discuss a measurement scale for construction project success with the viewpoints of Sri Lankan construction professionals. Also this scale has attempted to go beyond the traditional criteria and emphasize the requirement of having a long term perspective. This study add to the body of knowledge of project success criteria and construction project management.

Open access

Claudia Ogrean

Abstract

Over the last few decades Big Data has impetuously penetrated almost every domain of human interest/action and it has (more or less consciously) become a ubiquitous presence of day to day life. The main questions this exploratory paper seeks to address (throughout its two parts) are the following: What is the (actual) impact of Big Data on Business & Management and How can businesses (through their management) leverage the potential of Big Data to their benefit? This second part of the paper is dedicated to the investigation of the demand-side of the big data industry – by highlighting some evidences (and projections) on the impact of big data analytics on Business & Management (both at aggregate and granular level) and exploring what companies could and should do (through their management) in order to best capitalize on the opportunities of big data and avoid/minimize the impact of its threats.

Open access

Radu-Alexandru Șerban and Mihaela Herciu

Abstract

The utility of performance measurement and management system can be said to have been proven, but the problem faced by both the theoreticians and practitioners is to set the right performance indicators. Developed models are tools that managers can use to measure and manage performance, but they need to be tailored to the context. Also, the trend towards using non-financial performance indicators makes it very difficult for managers to design a performance measurement and management system because it involves the integration of qualitative and non-quantitative variables and a profound understanding of the internal and external environment of the company.

Open access

Arina Greavu

Abstract

Bad writing can affect individuals and companies alike. It can cause confusion and misunderstanding, waste important resources of time and money, erode credibility and trust. On the other hand, clear writing will increase productivity, promote goodwill, and cement relations. This article discusses some of the most common problems encountered in business writing, together with their causes and the solutions proposed in the literature. Using too many words, an abstract vocabulary, and passive constructions will obscure the message and tire the reader. Conversely, the elimination of clutter, the use of plain words and personal pronouns, and the construction of sentences with clear subjects and verbs will convey the message clearly and effectively and will make your writing stand out.

Open access

Gregory Dempster and Jesse Kluver

Abstract

Employing the lens of institutional entrepreneurship to help understand the logic of organizational change management, we conduct an analysis of the impact of Appreciative Inquiry® in a multi-unit division of a large, university-based health system. Our results indicate that, although there may have been some marginal impact in temporarily reducing an observed decline in employee commitment indicators, the program failed to sustain positive impacts over the longer term. Implications for the study of organizational change as the action of institutional entrepreneurs are briefly discussed.

Open access

Halil Dincer Kaya

Abstract

We examine the impact of the Global Crisis on entrepreneurial aspirations and entrepreneurial attitudes. We focus on three aspiration variables (Growth Expectation early-stage Entrepreneurial Activity, New Product early-stage Entrepreneurial Activity, and International Orientation early-stage Entrepreneurial Activity), and eight attitude variables (Entrepreneurial Intention, Entrepreneurship as Desirable Career Choice, Fear of Failure Rate, High Status Successful Entrepreneurship, Know Startup Entrepreneur Rate, Media Attention for Entrepreneurship, Perceived Capabilities, and Perceived Opportunities). Our results show that, two of the attitude variables have changed significantly three years after the crisis. Entrepreneurial Intention is significantly higher in 2011 (i.e. three years after the crisis started) when compared to 2008, and Know Startup Entrepreneur Rate is significantly lower in 2011 when compared to 2008. On the other hand, we find no significant change in any of the aspiration variables.

Open access

Mohammad Saiful Islam and Sharmin Akter Eva

Abstract

The purpose of this research paper is to study the present status of e-commerce industry in Bangladesh and finding out comprehensive model based solution for the expansion of the sector spreading e-commerce all over the country. SWOT analysis has been conducted and business expansion model has been developed from the data generated from surveying to the reputed e-commerce business organizations and customers of e-commerce. Primary data has been collected from the top level management of e-commerce business organizations and e-commerce customers as interviewees while secondary data have been collected from Bangladesh Telecommunication Regulatory Commission reports, relevant literature etc. This study identifies that e-commerce intermediation and channel conflict are the great problems in case of e-commerce business expansion that increases the price level of the products and services but can not reach mass people outside the mega cities as Dhaka. That is why a value chain based business expansion model has been proposed to reach the mass people of Bangladesh for inclusive e-commerce through e-commerce agent. The study will provide insights to the policy makers to work with e-commerce business expansion in the process of digitization of Bangladesh.