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Article
Publication date: 27 April 2012

Beyond stage‐gate: restoring learning and adaptability to commercialization

Nate Hutchins and Amy Muller

The authors of this paper contend that too many firms' innovation initiatives are shackled with archaic budgeting and planning methodologies that are intended to protect…

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Abstract

Purpose

The authors of this paper contend that too many firms' innovation initiatives are shackled with archaic budgeting and planning methodologies that are intended to protect managers from the embarrassment of blown budgets, missed deadlines, or market flops but instead suppress learning and adaptability, both critical to achieving successful commercialization of unique ideas. This paper aims to address this issue.

Design/methodology/approach

The authors propose that the first step to rid myopia and rigidity from the stage‐gate approach is to re‐conceive it as an assumption‐driven process centered on learning, rather than simply a sequence of activities marching towards a pre‐determined outcome.

Findings

The authors suggest that firms should adopt assumption‐driven learning in a series of sequential divergent‐convergent cycles – one cycle per stage – each centered on testing the major assumptions for that stage.

Practical implications

Continuous learning and unlearning is essential to the process of developing raw ideas into viable commercial applications. The key to success is to test assumptions through real‐life experiments – for example, market assumptions should be tested in‐market, manufacturability assumptions should be tested in production.

Originality/value

Firms should adopt assumption‐driven learning in a series of sequential divergent‐convergent cycles – one cycle per stage – each centered on testing the major assumptions for that stage.

Details

Strategy & Leadership, vol. 40 no. 3
Type: Research Article
DOI: https://doi.org/10.1108/10878571211221194
ISSN: 1087-8572

Keywords

  • Stage‐gate process
  • Innovation commercialization
  • Budgeting and planning methodologies
  • Gate reviews
  • Assumption‐driven process
  • Risk
  • Risk assessment
  • Risk management
  • Project evaluation

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Article
Publication date: 27 April 2012

Quick takes

Catherine Gorrell

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Abstract

Details

Strategy & Leadership, vol. 40 no. 3
Type: Research Article
DOI: https://doi.org/10.1108/sl.2012.26140caa.004
ISSN: 1087-8572

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Article
Publication date: 23 October 2009

Competency‐based service reviews and workforce planning at Deakin University library

Paul Cardwell

This paper seeks to describe an approach to staff development and workforce planning which is implemented as part of a process of internal reviews of service areas within…

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Abstract

Purpose

This paper seeks to describe an approach to staff development and workforce planning which is implemented as part of a process of internal reviews of service areas within an academic library.

Design/methodology/approach

The paper describes the factors leading to the development of such a process within the Deakin University Library.

Findings

A number of different factors – internal to the library, at the university level and in the wider environment – have driven the need for such reviews and influenced their design. The approach developed focuses on comparing current workforce capabilities (competencies and resource levels) with the set of competencies and resources required to deliver the projected services to the standards required. This account highlights the links between the review process and the implementation of a library‐wide staff development framework.

Practical implications

A number of practical implications may be drawn: the value of a flexible approach taking into account the local and institutional environment; the critical importance of organizational needs driving individual staff development and the benefits of mapping links from strategic goals to staff development.

Originality/value

The paper focuses on an emerging process for service delivery in an academic library.

Details

Library Management, vol. 30 no. 8/9
Type: Research Article
DOI: https://doi.org/10.1108/01435120911006502
ISSN: 0143-5124

Keywords

  • Universities
  • Libraries
  • Australia
  • Manpower planning
  • Employee development

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Article
Publication date: 1 January 2004

Market responsive manufacturing for the automotive supply chain

Ben Waller

Building to order enables manufacturing to better respond to market conditions. The time lost between changes in customer preferences and product mix disappears and…

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Abstract

Building to order enables manufacturing to better respond to market conditions. The time lost between changes in customer preferences and product mix disappears and customer demand can both be anticipated and shaped by the sales system. An automotive build to order supply chain must be able to meet seasonality within markets, and understand the detailed demand volatility for certain elements of the complex product mix, from which much of the profitability is derived. Market responsive manufacturing entails adaptive and flexible production and supply capability in conjunction with real‐time market interaction through revenue management. The combination of late capacity setting and revenue management can enable the whole extended enterprise to operate as a single entity. This article outlines the demand volatility examined for automotive products, integrated revenue and demand management as a solution, and the subsequent order system investment requirements.

Details

Journal of Manufacturing Technology Management, vol. 15 no. 1
Type: Research Article
DOI: https://doi.org/10.1108/09576060410512194
ISSN: 1741-038X

Keywords

  • Manufacturing systems
  • Customer requirements
  • Supply and demand

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Article
Publication date: 24 February 2021

Omni-channel retailing in supply chains: a systematic literature review

Syed Asif Raza and Srikrishna Madhumohan Govindaluri

The purpose of this paper is to conduct a structured literature review using advanced bibliometric tools to understand the existing knowledge base, understand the trends…

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Abstract

Purpose

The purpose of this paper is to conduct a structured literature review using advanced bibliometric tools to understand the existing knowledge base, understand the trends in omni-channel (OC) research and identify emerging research topics.

Design/methodology/approach

More than 500 articles selected through a keyword combination search from reputed databases of peer-reviewed academic sources from period 2009–19 are analyzed for the purposes of this study. The study first presents an exploratory analysis to determine influential authors, sources and regions, among other key aspects. Second, several network analyses including co-citation and dynamic co-citation network analyses are conducted to identify themes. These allow identifying research clusters and emerging research topics algorithmically. Both centrality and modularity-based clustering are employed. A content analysis of the most influential groups within OC literature for each cluster is included.

Findings

The findings of this paper make unique contributions by using advanced tools from network analysis along with the standard bibliometric analysis tools to explore the current status of OC research, identify existing themes and the guidance for potential areas of future research interest in OC.

Practical implications

This research provides a comprehensive view of the range of topics of importance that have been discussed in the literature of OC management. These research trends can serve as a quick guide to researchers and practitioners to improve decision making and also develop strategies.

Originality/value

The paper employs advanced tools for the first time to review the literature of OC retailing. The sophisticated tools include co-citation and dynamic co-citation network analysis.

Details

Benchmarking: An International Journal, vol. ahead-of-print no. ahead-of-print
Type: Research Article
DOI: https://doi.org/10.1108/BIJ-10-2020-0547
ISSN: 1463-5771

Keywords

  • Omni-channel (OC)
  • Multi-channel (MC)
  • Supply chain
  • Systematic literature review
  • Bibliometrics
  • Network analysis
  • Content analysis

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Book part
Publication date: 16 December 2016

Index

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Abstract

Details

Finance and Economy for Society: Integrating Sustainability
Type: Book
DOI: https://doi.org/10.1108/S2043-905920160000011023
ISBN: 978-1-78635-509-6

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Book part
Publication date: 9 July 2010

Collaborating to discover the practice of strategy and its impact

Elena P. Antonacopoulou and Julia Balogun

This chapter argues that one of the fundamental challenges of the global character of strategy research is the growing need to foster collaborations between academic and…

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Abstract

This chapter argues that one of the fundamental challenges of the global character of strategy research is the growing need to foster collaborations between academic and business practitioners that can help build a better understanding of the practice of strategy and through these means deliver greater impact. This challenge strengthens existing calls for strategy research to refocus on understanding the practice of strategy with an attentiveness to micro-dynamics of strategizing, and requires us to expand the ways in which research practice is performed. Whilst this can apparently be achieved through better dialogue, building trusting relationships and valuing the contribution each party can make due to their differences, it in fact requires a questioning of our research assumptions and practice.

Details

The Globalization of Strategy Research
Type: Book
DOI: https://doi.org/10.1108/S0742-3322(2010)0000027016
ISBN: 978-1-84950-898-8

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Article
Publication date: 11 September 2009

A global investigation of key turning points in business process maturity

Kevin McCormack, Jurgen Willems, Joachim van den Bergh, Dirk Deschoolmeester, Peter Willaert, Mojca Indihar Štemberger, Rok Škrinjar, Peter Trkman, Marcelo Bronzo Ladeira, Marcos Paulo Valadares de Oliveira, Vesna Bosilj Vuksic and Nikola Vlahovic

The purpose of this paper is to report on the results of research into the precedence of the maturity factors, or key turning points in business process maturity (BPM…

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Abstract

Purpose

The purpose of this paper is to report on the results of research into the precedence of the maturity factors, or key turning points in business process maturity (BPM) implementation efforts. A key turning point is a component of BPM that stabilizes within an organization and leads to the next maturity level.

Design/methodology/approach

Several years of data from over 1,000 companies in the USA, Europe, China, and Brazil that have completed a BPM assessment are analyzed to identify which components of BPM stabilize, when and in what order. Different analysis methods are employed in order to identify global commonalities and differences.

Findings

The paper identifies key turning points from several different perspectives using several different approaches and develops some conclusions common to all methods used in this research.

Research limitations/implications

The relationship between the components (dependencies) is only suggested but not statistically analyzed. Several data sets are also on the low end of sample size for the methods used and some parts of the research used ad hoc selection of companies of arbitrarily distributed companies into different groups.

Practical implications

The results can be useful for leaders and teams that are attempting the journey to process maturity. The guide‐posts, milestones, and measures can help answer the question “Where am I on this journey and what is next?”

Originality/value

A plethora of maturity models has emerged that claim to guide an organization through the process of building levels of maturity that lead to competitive advantage. To date, there has been a lack of quantitative studies documenting these road‐maps. The paper provides global, quantitative evidence of the critical maturity components associated at each level of maturity.

Details

Business Process Management Journal, vol. 15 no. 5
Type: Research Article
DOI: https://doi.org/10.1108/14637150910987946
ISSN: 1463-7154

Keywords

  • Business process re‐engineering
  • Process management
  • Business development

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Article
Publication date: 30 October 2007

Effective educational process: a data‐mining approach

Jayanthi Ranjan and Kamna Malik

The purpose of this paper is to develop a holistic model for educational purposes using data‐mining techniques for exploring the effects of probable changes in processes…

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Abstract

Purpose

The purpose of this paper is to develop a holistic model for educational purposes using data‐mining techniques for exploring the effects of probable changes in processes related to admissions, course delivery and recruitments.

Design/methodology/approach

The paper proposes a framework for an effective educational process using data‐mining techniques to uncover the hidden trends and patterns and making accuracy based predictions through a higher level of analytical sophistication in the process of counselling students.

Findings

Data‐mining tools are used in academia for capitalizing on the advances of information technology. This process improves research and academic decision making through uncovering hidden trends and patterns that predict using a combination of explicit knowledge base, sophisticated analytical skills and academic domain knowledge.

Originality/value

The paper presents a model using a data‐mining approach for academics.

Details

VINE, vol. 37 no. 4
Type: Research Article
DOI: https://doi.org/10.1108/03055720710838551
ISSN: 0305-5728

Keywords

  • Educational administrative data processing
  • Change management
  • Data handling

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Book part
Publication date: 16 December 2016

Finance and Mathematics: Merger or Acquisitions?

Sébastien Lleo and Jessica Li

The purpose of this chapter is to study the mathematisation of finance – excessive use of mathematical models in finance – which has been widely blamed for the recent…

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Abstract

The purpose of this chapter is to study the mathematisation of finance – excessive use of mathematical models in finance – which has been widely blamed for the recent financial and economic crisis. We argue that the problem might actually be the financialisation of mathematics, as evidenced by the gradual embedding of branches of mathematics into financial economics. The concept of embeddedness, originally proposed by Polanyi, is relevant to describe the sociological relationship between fields of knowledge. After exploring the relationship between mathematics, finance and economics since antiquity, we find that theoretical developments in the 1950s and 1970s lead directly to this embedding. The key implication of our findings is the realization that it has become necessary to disembed mathematics from finance and economics, and proposes a number of partial steps to facilitate this process. This chapter contributes to the debate on the mathematisation of finance by uniquely combining a historical approach, which chronicles the evolution of the relation between mathematics and finance, with a sociological approach from the perspective of Polyani’s concept of embedding.

Details

Finance and Economy for Society: Integrating Sustainability
Type: Book
DOI: https://doi.org/10.1108/S2043-905920160000011005
ISBN: 978-1-78635-509-6

Keywords

  • Mathematical finance
  • financial economics
  • embedding
  • positive economics
  • financial crisis
  • Barnesian performativity
  • A14
  • B10
  • B20
  • C02
  • G00

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