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1 – 10 of over 37000
Article
Publication date: 12 July 2023

A.M.D.S. Atapattu, Chandanie Hadiwattage, B.A.K.S. Perera and Dilakshan Rajaratnam

The circular economy concept emerged as the resolution to the destructive linear economy practices. Nevertheless, the transition to a circular built environment is hindered due to…

Abstract

Purpose

The circular economy concept emerged as the resolution to the destructive linear economy practices. Nevertheless, the transition to a circular built environment is hindered due to the ambiguities of the economic value of the concept. Conversely, numerous decision-making tools are applied in the construction industry in assessing economic alternatives, even if there is a gap in utilising these tools in appraising circular economic practices. Hence, this study investigates the potential benefits of applying proven decision-making practices, particularly criteria scoring matrices, in developing circular built environments.

Design/methodology/approach

A qualitative approach was followed to achieve the aim of the study. A conceptual design of a criteria scoring matrix was developed with a comprehensive literature survey. Semi-structured interviews of a three-round Delphi expert survey were employed to assess the matrix qualitatively and develop the matrix further. Data were analysed using the content analysis method.

Findings

The lack of a value assessment tool in economically assessing the circular economy principles is a key barrier to transcending to a circular built environment. In addressing this issue, this study develops a criteria scoring matrix for circularity value assessment during the design stage of a construction project.

Originality/value

This research contributes to the theory by developing a criteria scoring matrix to measure the economic contribution of circular economy principles. Further, this research contributes to the practice by allowing construction alternatives to be selected, balancing the potential economic return options of a project with the project's contribution to a circular economy.

Details

Smart and Sustainable Built Environment, vol. 13 no. 2
Type: Research Article
ISSN: 2046-6099

Keywords

Article
Publication date: 9 September 2014

David J. Burns

This purpose of this paper is to suggest and develop an alternative model, the Opportunity Assessment Matrix, to address some of the primary strategic issues in the business…

1658

Abstract

Purpose

This purpose of this paper is to suggest and develop an alternative model, the Opportunity Assessment Matrix, to address some of the primary strategic issues in the business environment of today. Changes in the business environment are increasing the need for strategic planning, but it has also diminished the value of some of the classic tools used in strategy formation in the past, such as portfolio models.

Design/methodology/approach

The shortcomings in applying portfolio models from the past to today’s business environment are discussed, providing a basis for the developing the Opportunity Assessment Matrix.

Findings

The Opportunity Assessment Matrix is introduced as a means to evaluate the ability of an organization to successfully undertake and exploit new business opportunities. The proposed model is based on two dimensions – operational flexibility and market potential.

Originality/value

The Opportunity Assessment Matrix facilitates an assessment of new business and product opportunities. With today’s ever-changing customer needs, the identification and exploitation of new product and business opportunities have become critical for the ongoing success of many firms. Most attempts by business firms to exploit new opportunities, however, are not successful, often due to a lack of an understanding of the market potential realization or an inadequate consideration of possible internal constraints. The Opportunity Assessment Matrix addresses both of these issues by examining the match between potential market opportunities and a firm’s ability to exploit them.

Details

Journal of Business Strategy, vol. 35 no. 5
Type: Research Article
ISSN: 0275-6668

Keywords

Article
Publication date: 3 January 2019

Ayse Kucuk Yilmaz

Aviation has multi-cultural business environment in all aspects as operational and management. Managing aviation requires high awareness on human factor risk which includes…

1738

Abstract

Purpose

Aviation has multi-cultural business environment in all aspects as operational and management. Managing aviation requires high awareness on human factor risk which includes organizational behavior-related topics. The greatest risk to an enterprise’s ability to achieve its strategic goals and objectives is the human factor. Both organizational behavior and corporate culture behavior with social psychology are the most vital aspects of management and strategy in terms of human resources. Related risks, including organizational behavior and culture, have the potential to directly impact on both business performance and corporate sustainability. Therefore, in this paper, the most prominent risks were determined in accordance with social psychology, and after identification of human factor-based risks, these have prioritized and prepared risk mapping with fresh approach. For this reason, this study aims to develop risk mapping model for human factors that takes into account interrelations among risk factors three dimensional based new approach. This approach includes both identification of human factor based risks, prioritization them and setting risk mapping according to corporate based qualifications via tailoring risk list. Developed risk map in this paper will help to manage corporate risks to achieve improved performance and sustainability.

Design/methodology/approach

This new organizational behavior- and culture-focused risk mapping model developed in this study has the potential to make significant contribution to the management of the human factor for modern management and strategy. In enterprise risk management system, risk mapping is both strong and effective strategic methodology to manage ergonomics issue with strategic approach. Human factor is both determinative and also strategic element to both continuity and performance of business operations with safely and sound. In view of management and strategy, vitally, the human factor determines the outcome in both every business and every decision-making.

Findings

It is assumed that, if managers manage human risk you may get advantages to achieving corporate strategies in timely manner. Aviation is sensitive sector for its ingredients: airports, airlines, air traffic management, aircraft maintenance, pilotage and ground handling. Aim of this paper is to present risk management approach to optimize human performance while minimizing both failures and errors by aircraft maintenance technician (AMT). This model may apply all human factors in other departments of aviation such as pilots and traffic controllers. AMT is key component of aircraft maintenance. Thus, errors made by AMTs will cause aircraft accidents or incidents or near miss incidents. In this study, new taxonomy model for human risk factors in aircraft maintenance organizations has been designed, and also new qualitative risk assessment as three dimensions is carried out by considering the factors affecting the AMT’s error obtained from extensive literature review and expert opinions in the field of aviation. Human error risks are first categorized into two main groups and sub three groups and then prioritized using the risk matrix via triple dimension as probability, severity and interrelations ratio between risks.

Practical implications

Risk mapping is established to decide which risk management option they will apply for managers when they will look at this map. Managers may use risk map to both identify their managerial priorities and share sources to managing risks, and make decisions on risk handling options. This new model may be a useful new tool to manage ergonomic human factor-based risks in developing strategy in aviation business management. In addition, this paper will contribute to department of management and strategy and related literature.

Originality/value

This study has originality via new modeling of risk matrix. In this study, dimension of risk analysis has been improved as three dimensions. This study has new approach and new assessment of risk with likelihood (probability), impact (severity) and interrelations ratio. This new model may be a useful new tool to both assess and prioritize mapping of ergonomic-based risks in business management. In addition, this research will contribute to aviation management and strategy literature and also enterprise risk management literature.

Details

Aircraft Engineering and Aerospace Technology, vol. 91 no. 4
Type: Research Article
ISSN: 1748-8842

Keywords

Article
Publication date: 5 April 2011

Adi Ifran Che‐Ani, Azimin Samsul Mohd Tazilan and Kamarul Afizi Kosman

Building inspection is one of the key components of building maintenance. The primary purpose of performing a building inspection is to evaluate the building's condition. Without…

1528

Abstract

Purpose

Building inspection is one of the key components of building maintenance. The primary purpose of performing a building inspection is to evaluate the building's condition. Without inspection, it is difficult to determine a built asset's current condition, so failure to inspect can contribute to the asset's future failure. Traditionally, a longhand survey description has been widely used for property condition reports. Surveys that employ ratings instead of descriptions are gaining wide acceptance in the industry because they cater to the need for a quantitative approach. These kinds of surveys are also in keeping with the new RICS HomeBuyer Report 2009. This paper aims to describe an assessment method.

Design/methodology/approach

The paper proposes a new assessment method, derived from the current rating systems, for assessing the building's condition and rating the seriousness of each defect identified. These two assessment criteria are then multiplied to find the building's score, which is called the condition survey protocol (CSP) 1 matrix. The matrix is assessed by means of a case study.

Findings

Instead of a longhand description of a building's defects, the matrix requires concise explanations about the defects identified, thus saving on‐site time during a building inspection. The full score is used to give the building an overall rating: good, fair or dilapidated. The overall findings reflect the reliability of the CSP1 matrix.

Practical implications

The matrix needs to be tested on more and larger buildings to further assess its reliability.

Originality/value

The paper focuses on the CSPI Matrix, a reliable and practical assessment method for building inspections performed under reasonable property conditions.

Details

Structural Survey, vol. 29 no. 1
Type: Research Article
ISSN: 0263-080X

Keywords

Open Access
Article
Publication date: 26 December 2022

James Crotty and Elizabeth Daniel

Consumers increasingly rely on organisations for online services and data storage while these same institutions seek to digitise the information assets they hold to create…

3306

Abstract

Purpose

Consumers increasingly rely on organisations for online services and data storage while these same institutions seek to digitise the information assets they hold to create economic value. Cybersecurity failures arising from malicious or accidental actions can lead to significant reputational and financial loss which organisations must guard against. Despite having some critical weaknesses, qualitative cybersecurity risk analysis is widely used in developing cybersecurity plans. This research explores these weaknesses, considers how quantitative methods might address the constraints and seeks the insights and recommendations of leading cybersecurity practitioners on the use of qualitative and quantitative cyber risk assessment methods.

Design/methodology/approach

The study is based upon a literature review and thematic analysis of in-depth qualitative interviews with 16 senior cybersecurity practitioners representing financial services and advisory companies from across the world.

Findings

While most organisations continue to rely on qualitative methods for cybersecurity risk assessment, some are also actively using quantitative approaches to enhance their cybersecurity planning efforts. The primary recommendation of this paper is that organisations should adopt both a qualitative and quantitative cyber risk assessment approach.

Originality/value

This work provides the first insight into how senior practitioners are using and combining qualitative and quantitative cybersecurity risk assessment, and highlights the need for in-depth comparisons of these two different approaches.

Details

Applied Computing and Informatics, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2634-1964

Keywords

Article
Publication date: 2 March 2022

Somesh Agarwal, Mohit Tyagi and Rajiv Kumar Garg

The purpose of this study is to present Industry 4.0 technologies for advancing the circular economy (CE) adaption in manufacturing industry’s supply chain (SC) network. To pursue…

Abstract

Purpose

The purpose of this study is to present Industry 4.0 technologies for advancing the circular economy (CE) adaption in manufacturing industry’s supply chain (SC) network. To pursue the same, Industry 4.0 technological aspects were recognized as solution measures to overcome the challenges for CE implementation in SC.

Design methodology approach

A new hierarchical framework containing 13 leading CE challenges and eight promising Industry 4.0 technological aspects had been proposed, representing their mutual relationship. The proposed framework was analysed using a hybrid approach of analytic hierarchy process (AHP) and combinative distance-based assessment (CODAS) under interval-valued intuitionistic fuzzy (IVIF) environment. The IVIF-AHP was used to acquire the priority weights of the CE challenges, whereas the IVIF-CODAS was used to attain the preference order of the proposed technological aspects.

Findings

The key findings of the present work indicate that “Information disruptions among the SC members due to multiple channels” and “Manpower inability to handle the toxic materials” are the two most critical challenges hindering the adoption of CE practices in SC. Along with, the results also demonstrate that to overcome these challenges, “Smarter equipment to empower flexibility and mass customization” and “Big data driven decision-making system” are the two most significant Industry 4.0 technological solutions, adoption of which might encourage the organizations to align their operations with CE philosophies.

Research limitations implications

The sample size of the experts engaged in work was limited; however, big data studies could be conducted in future to capture more insights of the stated topic. In addition to this, to understand the implication of CE on Industry 4.0-based manufacturing, a separate study can be synthesised in future.

Originality value

The proposed work facilitates a new framework consolidating various perspectives associated with CE implementation into a manufacturing industry considering the scenario of Indian rubber industry. This study enables the decision-makers to recognize the challenging factors for CE implementation into their organizations and up-taking the proposed Industry 4.0 practices as technological measures for improving the organization overall performance.

Details

Industrial Robot: the international journal of robotics research and application, vol. 49 no. 3
Type: Research Article
ISSN: 0143-991X

Keywords

Open Access
Article
Publication date: 9 May 2024

Yanhao Sun, Tao Zhang, Shuxin Ding, Zhiming Yuan and Shengliang Yang

In order to solve the problem of inaccurate calculation of index weights, subjectivity and uncertainty of index assessment in the risk assessment process, this study aims to…

Abstract

Purpose

In order to solve the problem of inaccurate calculation of index weights, subjectivity and uncertainty of index assessment in the risk assessment process, this study aims to propose a scientific and reasonable centralized traffic control (CTC) system risk assessment method.

Design/methodology/approach

First, system-theoretic process analysis (STPA) is used to conduct risk analysis on the CTC system and constructs risk assessment indexes based on this analysis. Then, to enhance the accuracy of weight calculation, the fuzzy analytical hierarchy process (FAHP), fuzzy decision-making trial and evaluation laboratory (FDEMATEL) and entropy weight method are employed to calculate the subjective weight, relative weight and objective weight of each index. These three types of weights are combined using game theory to obtain the combined weight for each index. To reduce subjectivity and uncertainty in the assessment process, the backward cloud generator method is utilized to obtain the numerical character (NC) of the cloud model for each index. The NCs of the indexes are then weighted to derive the comprehensive cloud for risk assessment of the CTC system. This cloud model is used to obtain the CTC system's comprehensive risk assessment. The model's similarity measurement method gauges the likeness between the comprehensive risk assessment cloud and the risk standard cloud. Finally, this process yields the risk assessment results for the CTC system.

Findings

The cloud model can handle the subjectivity and fuzziness in the risk assessment process well. The cloud model-based risk assessment method was applied to the CTC system risk assessment of a railway group and achieved good results.

Originality/value

This study provides a cloud model-based method for risk assessment of CTC systems, which accurately calculates the weight of risk indexes and uses cloud models to reduce uncertainty and subjectivity in the assessment, achieving effective risk assessment of CTC systems. It can provide a reference and theoretical basis for risk management of the CTC system.

Details

Railway Sciences, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2755-0907

Keywords

Article
Publication date: 29 April 2022

Caner Acarbay and Emre Kiyak

The purpose of this paper is to improve risk assessment processes in airline flight operations by introducing a dynamic risk assessment method.

Abstract

Purpose

The purpose of this paper is to improve risk assessment processes in airline flight operations by introducing a dynamic risk assessment method.

Design/methodology/approach

Fuzzy logic and Bayesian network are used together to form a dynamic structure in the analysis. One of the most challenging factors of the analyses in aviation is to get quantitative data. In this study, the fuzzy data quantification technique is used to perform dynamic risk assessment. Dynamic structure in the analysis is obtained by transforming the bow-tie model into a Bayesian network equivalent.

Findings

In this study, the probability of top-event from fault tree analysis is calculated as 1.51 × 10−6. Effectiveness of the model is measured by comparing the analysis with the safety performance indicator data that reflects past performance of the airlines. If two data are compared with each other, they are at the same order of value, with small difference (0.6 × 10−7).

Originality/value

This study proposes a dynamic model to be used in risk assessment processes in airline flight operations. A dynamic model for safety analysis provides real-time, autonomous and faster risk assessment. Moreover, it can help in the decision-making process and reduce airline response time to undesired states, which means that the proposed model can contribute to the efficiency of the risk management process in airline flight operations.

Details

Aircraft Engineering and Aerospace Technology, vol. 94 no. 10
Type: Research Article
ISSN: 1748-8842

Keywords

Article
Publication date: 2 November 2022

Ashis Mitra

The present study aims to demonstrate the application of newly developed combinative distance-based assessment (CODAS) approach for grading and selection of Tossa jute fibres…

Abstract

Purpose

The present study aims to demonstrate the application of newly developed combinative distance-based assessment (CODAS) approach for grading and selection of Tossa jute fibres, which possesses some unique features uncommon to other variants of multi-criteria decision-making (MCDM) method.

Design/methodology/approach

The CODAS method was used in this study to rank/grade ten candidate lots of Tossa fibres on the basis of six apposite jute fibre properties, namely, fibre defect, root content, fineness, strength, colour and density. These six fibre properties were considered as the six decision criteria, here, and they were assigned weights as determined previously by an earlier researcher using analytic hierarchy process. The grading of jute fibres was done based on a comprehensive single index known as the assessment scores (Hi), in descending order of magnitude.

Findings

Among the 10 Tossa jute lots, T2 was ranked 1 (top grade) because of the highest assessment score of 6.887, followed by T1 with Rank 2 (assessment score 1.830). Because of the least assessment score of −2.795, the candidate lot T4 was considered as the worst, and hence ranked 10. The overall ranking pattern given by the CODAS method was similar to the TOPSIS approach done by Ghosh and Das (2013). This study was supported by various sensitivity analyses to judge the efficacy of the present approach. No occurrence of rank reversal during the sensitivity analyses obviously corroborates the robustness and stability of the CODAS method.

Practical implications

Jute pricing is fixed solely by the quality for which grading of fibre is prerequisite. The traditional “Hand and Eye” method or Bureau of Indian Standards (BIS) system for jute grading is basically subjective assessment and need domain expertise. MCDM is reported as the most viable solution which gives due importance to the fibre parameters while grading the fibres based on a single index. The present study demonstrates the maiden application of CODAS to address the fibre grading problems for jute industries. This approach can also be extended to solve other decision problems of textile industry, in general.

Originality/value

CODAS is a recently developed exponent of MCDM. Uniqueness of the present study lies in the fact that this is the first ever application of CODAS in the domain of textile industry, in general, and jute industry, in particular. CODAS approach is very simple involving a few simple mathematical equations yet a potent tool of decision-making. This method possesses some features uncommon in other variants of MCDM. Moreover, the efficacy of CODAS method is investigated through various sensitivity analyses, which has been ignored in the earlier approaches.

Details

Research Journal of Textile and Apparel, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1560-6074

Keywords

Article
Publication date: 12 January 2010

Adrian Edwards, Melody Rhydderch, Yvonne Engels, Stephen Campbell, Vlasta Vodopivec‐Jamšek, Martin Marshall, Richard Grol and Glyn Elwyn

The Maturity Matrix is a tool designed in the UK to assess family practice organisational development and to stimulate quality improvement. It is practice‐led, formative and…

682

Abstract

Purpose

The Maturity Matrix is a tool designed in the UK to assess family practice organisational development and to stimulate quality improvement. It is practice‐led, formative and undertaken by a practice team with the help of trained facilitators. The aim of this study is to assess the Maturity Matrix as a tool and an organisational development measure in European family practice settings.

Design/methodology/approach

Using a convenience sample of 153 practices and 11 facilitators based in the UK, Germany, The Netherlands, Switzerland and Slovenia, feasibility was assessed against six criteria: completion; coverage; distribution; scaling; translation; and missing data. Information sources were responses to evaluation questionnaires by facilitators and completed Maturity Matrix profiles.

Findings

All practices taking part completed the Maturity Matrix sessions successfully. The Netherlands, the UK and Germany site staff suggested including additional dimensions: interface between primary and secondary care; access; and management of expendable materials. Maturity Matrix scores were normally distributed in each country. Scaling properties, translation and missing data suggested that the following dimensions are most robust across the participating countries: clinical performance audit; prescribing; meetings; and continuing professional development. Practice size did not make a significant difference to the Maturity Matrix profile scores.

Originality/value

The study suggests that the Maturity Matrix is a feasible and valuable tool, helping practices to review organisational development as it relates to healthcare quality. Future research should focus on developing dimensions that are generic across European primary care settings.

Details

International Journal of Health Care Quality Assurance, vol. 23 no. 1
Type: Research Article
ISSN: 0952-6862

Keywords

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