Management Decision: Volume 40 Issue 8

The Pareto principle in organizational decision making

Ralph C. Craft, Charles Leake

All organizations face decisions for prioritizing resources to yield the greatest value to the organization. This study focuses on a highly‐matrixed, US manufacturer and the…

An entrepreneurial logic for the new economy

J. Barton Cunningham, Philip Gerrard, Herbert Schoch, Chung Lai Hong

Managers and entrepreneurs are increasingly being challenged to respond to a world where it is harder to effectively make and implement their decisions. Over half the decisions…

Time compression diseconomies in accelerated global alliances

Esteban García‐Canal, Cristina López Duarte, Josep Rialp Criado, Ana Valdés Llaneza

This paper aims at identifying practices that help managers to cope with two opposing forces related to global alliance management: the desirable gradual development of the…

Business plans for new or small businesses: paving the path to success

Amir M. Hormozi, Gail S. Sutton, Robert D. McMinn, Wendy Lucio

Planning plays an important role in determining the degree of success realized by a new or small business. Essential elements to business success are identification of goals…

Developing personal responsibility and leadership traits in all your employees: part 1 – shaping and harmonizing the high‐performance drivers

Peter A.C Smith, Meenakshi Sharma

Proposes that to optimize enterprise performance and longevity, organizations must develop and sustain appropriate traits of personal responsibility and leadership in all…

Creating value in the “new economy”

David Walters, Michael Halliday, Stan Glaser

Business operates everywhere in an environment that is both dynamic and challenging: markets have globalised (supply markets and customer markets); technology has become all…

Continuous improvement in the history of human resource management

Mitchell Langbert, Hersh Friedman

Human resource management’s challenge is to improve the balance among three competing quality targets: equity, flexibility and alignment. Management of these targets has improved…

Evolution of management theory: the case of production management in construction

Aguinaldo dos Santos, James Alfred Powell, Marjan Sarshar

In the past 100 years production management has evolved from a set of heuristic ideas to a portfolio of somewhat developed concepts and principles. “Just‐in‐time” and “total…

Democracy without empowerment: the grand vision and demise of Yugoslav self‐management

Monty L. Lynn, Matjaz Mulej, Karin Jurse

Under Josip Tito’s leadership, Yugoslavia broke away from Stalinistic central planning in 1948 and developed an economy‐wide system of worker self‐management. Its ideological…