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1 – 10 of 340As the global economy starts to perk up, interest in mergers and acquisitions is once again building. Now is the time to confront the paradox at the heart of M&A. Although study…
Abstract
As the global economy starts to perk up, interest in mergers and acquisitions is once again building. Now is the time to confront the paradox at the heart of M&A. Although study after study has shown that most deals destroy value for the acquirer’s shareholders, why do companies proceed with M&A deals? Why does hope triumph over experience? Because, if certain fundamental rules are followed, M&A can create substantial value for the acquirer’s shareholders. This article shows that every industry has acquisitive exemplars and describes how they extract value from acquisitions for their shareholders. Acquisitive exemplars view M&A as a means to a strategic end, rather than an end in itself. They adopt five decision biases: Set the balance between organic and M&A‐led growth in your corporate agenda, according to the maturity and dynamics of your industry. Challenge the level of acquisitiveness in your business unit’s agendas, and make sure they are aligned with the dynamics of the industry. If the growth strategy needs to be biased toward acquisition, challenge your business at the both corporate and business unit level on the nature of these acquisitions. Develop the key M&A capabilities needed for success in your industry or market segment. Develop a fully accountable process and appoint fully accountable people to integrate your M&A decisions with strategy formulation and performance monitoring.
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Àngels Fitó-Bertran and María-Jesús Martínez-Argüelles
‘Education for employability’ has been the mantra of the European Higher Education Area (EHEA) since its inception. To attain that, the 28 participating countries agreed to…
Abstract
‘Education for employability’ has been the mantra of the European Higher Education Area (EHEA) since its inception. To attain that, the 28 participating countries agreed to implement reforms aimed at bridging higher education (HE) curricula and learning strategies and the labour market demands. Indeed, the global financial crisis and the euro area crisis and the surge in youth unemployment they led to have reconfirmed the validity of this policy imperative. Clearly, several challenges beset the transition from content- to competence-based HE. By elaborating on the case of the Open University of Catalonia (UOC) this chapter, identifies and discusses them critically. Recommendations relevant for HE leadership conclude the discussion.
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Adriana Ornellas, Kajsa Falkner and Eva Edman Stålbrandt
The purpose of this paper is to introduce a theoretical framework based on authentic learning approaches that can be taken into consideration in higher education (HE) contexts to…
Abstract
Purpose
The purpose of this paper is to introduce a theoretical framework based on authentic learning approaches that can be taken into consideration in higher education (HE) contexts to design activities that enable students to develop employability skills.
Design/methodology/approach
Three methods were used to develop the framework: desk research on current demand and supply of new graduate’s employability skills; interviews in four European HE institutions to identify authentic learning scenarios; and asynchronous online focus group to validate the framework.
Findings
The paper takes a competence-centred approach to the concept of employability skills and sets out a taxonomy of skills required to enhance new graduates’ employability. It also gives criteria and examples of authentic learning scenarios in HE settings that promote the acquisition of these skills.
Research limitations/implications
The framework developed remains theoretical. In a second phase, the framework will be applied to implement authentic activities in different programmes and subjects of five HE institutions, and the results will be reported in future publications.
Practical implications
The framework gives directions to create real and practical ways to enhance new graduates’ employability skills by improving the connection between HE curricula and the demands of the real world.
Originality/value
The added value of the paper lies in adopting a learner-centred, genuine and effective learning approach, such as authentic learning as a catalyst for bringing work experience to formal learning in HE institutions, in order to better develop graduates’ employability skills.
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To address the implications for career of today’s changes in the organisation of work and labour markets, managers and counsellors need appropriate concepts, theories and…
Abstract
To address the implications for career of today’s changes in the organisation of work and labour markets, managers and counsellors need appropriate concepts, theories and methodologies. Career scholars may no longer be well placed to help. The paper notes how the range of perspectives they bring to their understanding of career fragments the field of study. Moreover, the dominant assumptions and approaches in the field are inappropriate to deal with what is taking place in it, and are being challenged by developments in the “new sciences”. The paper suggests that, to respond to these challenges, career scholars of all kinds need to engage in dialogue as they examine their assumptions and conceptualisations, and develop new research approaches. Practitioners must engage with these changes as researchers, exploring new qualitative methods, and individuals need support from their managers as they construct new identities.
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The paper seeks to investigate design engineers' and product developers' learning through their work. The aim was to approach designers' work practice and their learning in the…
Abstract
Purpose
The paper seeks to investigate design engineers' and product developers' learning through their work. The aim was to approach designers' work practice and their learning in the course of it as perceived by the designers themselves. The aim is also to examine their learning through the various individual and social processes, which take place in the workplace.
Design/methodology/approach
The ethnographic approach in this paper, with its use of combined and qualitative data gathering and analytical methods, was selected to approach the aim described above. Observations in two Finnish high‐tech companies and interviews with 18 designers were conducted. The observations and interviews were analysed with help of combined methods of analysis, such as phenomenographic, narrative and ethnographic analysis.
Findings
The findings in this paper suggest that in redefining designers' work and learning, four central themes are important: design practice is learning in itself; there is a close relationship between formal and practical knowledge in designers' learning at work; previous work experience plays an essential role in learning; and design practices and learning should be seen as shared, situated and contextualized.
Practical implications
In the paper general suggestions concerning the guidance of workplace learning are given, and the challenges of guiding and assessing workplace learning in the vocational education context are examined. There is a clear need for more effective integration between education and working life.
Originality/value
The paper illustrates that individual and social practice and learning in the workplace should be analysed as interdependent and intertwined.
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The aim of this study is to investigate how workers' work‐related identity is related to various forms of workplace learning. The study also aims to show how changes in the…
Abstract
Purpose
The aim of this study is to investigate how workers' work‐related identity is related to various forms of workplace learning. The study also aims to show how changes in the organization affect both learning and the work‐related identity construction of employees.
Design/methodology/approach
In‐depth interviews with four design engineers were conducted in 2000 and 2007 in Finland. Narrative analysis was used to construct four stories that were compared at two different points in time to find out what changes and development took place in relation to experiences of learning and work‐related identity.
Findings
The findings suggest that learning and work‐related identity are related to one another in many ways. Usually this relationship is individually constituted, but many of its elements are socially shared. Work‐related identity is constructed strategically as one of many identities constituted in the other areas of life.
Practical implications
The findings of this study show that employers should bear in mind the importance of this interrelationship in order to promote employees' commitment and so facilitate their continuous learning and construction of their work‐related identity.
Originality/value
This paper provides useful information on how changes in the organization affect both learning and the work‐related identity construction of employees.
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International educational research has shown that high quality coaching, mentoring, and induction for beginning teachers can enhance development and retention of highly effective…
Abstract
International educational research has shown that high quality coaching, mentoring, and induction for beginning teachers can enhance development and retention of highly effective teachers and, ultimately, increase student success. In Canada, like many jurisdictions, teacher induction programs have grown in popularity as a means to support beginning teachers, yet programs vary greatly in terms of delivery and effectiveness. This chapter presents the findings from a qualitative case study that examined one bespoke teacher induction program in the Western Québec School Board (WQSB). Specifically, it reports on the experience of mentor–coaches (MC) who are part of the school district’s Mentoring and Coaching Fellowship (MCF). In the district, mentoring and coaching are viewed as distinct, yet interconnected components of an effective induction program. In the WQSB, teaching fellows and MCs learn together in a social and situated context (Lave & Wenger, 1991) as they focus on four key elements: the practice of teaching, navigating school and district culture, what it means to be a teacher, and the formation of a teaching identity. Research has shown effective coaching and mentoring programs not only enhance teaching and learning, but also they offer powerful benefits to veteran teachers. With mentoring and coaching practice highly diverse and inconsistent depending on the quality of the relationship and the context, it is clear that effective selection, support and professional learning and development for MCs is essential. This chapter examines the strengths and challenges of the school district’s Mentor–Coach Professional Learning Network (MC PLN) from the perspective of network members. Data collected from questionnaires, focus groups and semi-structured interviews were abductively analyzed with and against Brown and Poortman’s (2018) five supporting conditions for effective PLNs. Study findings indicated that the MC PLN offers valuable professional learning and development for participants and is a critical feature in a powerful induction program that also focuses on “growing the top.” However, challenges also emerged that highlight the need for the district to ensure ongoing attention to the PLN’s structure and processes in order to sustain MC motivation, engagement, and commitment.
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The 28th annual conference of Aslib, held at Nottingham University from 11th to 14th September, 1953, proved to be the largest that Aslib has so far organized. A list of those…
Abstract
The 28th annual conference of Aslib, held at Nottingham University from 11th to 14th September, 1953, proved to be the largest that Aslib has so far organized. A list of those present is printed on pp. 254–260. Yet again Aslib was glad to be able to welcome a number of overseas guests and members, including Dr. and Mrs. Lancour and their small daughter from the U.S.A., Drs. and Mrs. van Dijk and Miss Rom from the Netherlands, Mr. M. S. Dandekar and Mr. J. V. Karandikar from India, Miss D. M. Leach from Canada, and Mrs. T. Collin from Norway. Mr. Walter A. Southern, a Fulbright scholar from the U.S.A. affiliated to Aslib during his year's study in the United Kingdom, represented the Special Libraries Association, and Mr. J. E. Holmstrom attended as an observer on behalf of Unesco.