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Article
Publication date: 1 October 2005

Ángel Cabrera and David Bowen

This paper seeks to argue that global management should be considered by practitioners, educators, regulators and society at large as a true professional discipline. While…

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2693

Abstract

Purpose

This paper seeks to argue that global management should be considered by practitioners, educators, regulators and society at large as a true professional discipline. While in its current form it may not meet all the defining criteria of a profession, true professionalism is the best guiding principle as progress is made.

Design/methodology/approach

The paper reviews recent critiques of management education, synthesizes the generally agreed criteria of a profession, and applies that framework to the case of management.

Findings

Global management needs to further develop a body of knowledge that is both theoretically grounded and instrumental for practice; it needs to raise the bar in terms of professional qualification through existing accrediting bodies; and it needs to articulate and formally adopt a set of core values and principles of conduct, determining how it serves the broader interest of society.

Originality/value

It is important that all key actors assume true professionalism as a guiding principle for the future. The challenges ahead need to consider the ongoing construction of a solid body of knowledge, the revision of MBA degree requirements and the establishment of a set of core transcendental values that should guide professional practice. Academic institutions and practising executives alike must share a commitment to building a global management knowledge base that will not only improve the quality of management practice, but also earn management its professional status.

Details

Journal of Management Development, vol. 24 no. 9
Type: Research Article
ISSN: 0262-1711

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Article
Publication date: 1 March 1997

Syed Z. Shariq

Society is entering into an era where the future essentially will be determined by people’s ability to wisely use knowledge, a precious global resource that is the…

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5432

Abstract

Society is entering into an era where the future essentially will be determined by people’s ability to wisely use knowledge, a precious global resource that is the embodiment of human intellectual capital and technology. As people begin to expand their understanding of knowledge as an essential asset, they are realizing that in many ways the future is limited only by imagination and the ability to leverage the human mind. As knowledge increasingly becomes the key strategic resource of the future the need to develop comprehensive understanding of knowledge processes for the creation, transfer and deployment of this unique asset are becoming critical. Educational institutions and training organizations and businesses and knowledge‐based organizations in the public sector are in need of an integrative discipline for studying, researching and learning about the knowledge assets ‐ human intellectual capital and technology. An international society of knowledge professionals is proposed which can provide the necessary focus for fostering collaboration among the best minds and organizations on study, research and learning dedicated to the underlying disciplines and their integrative evolution into the emergence of Knowledge Management as a new discipline.

Details

Journal of Knowledge Management, vol. 1 no. 1
Type: Research Article
ISSN: 1367-3270

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Book part
Publication date: 26 June 2006

Namrata Malhotra, Timothy Morris and C.R. (Bob) Hinings

This chapter examines the sources of variation in organizational form among accounting and law firms. We first summarize research in the organization of professional

Abstract

This chapter examines the sources of variation in organizational form among accounting and law firms. We first summarize research in the organization of professional service firms and explain its evolution. This is followed by the argument that variations around the P2 archetype have emerged in response to different market and institutional pressures faced by accounting and law firms. Drawing on contingency and institutional theory, we show how the changing balance between the influence of market and institutional factors has resulted in structural variation.

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Professional Service Firms
Type: Book
ISBN: 978-0-76231-302-0

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Article
Publication date: 5 September 2020

K.B. Sridevi

Management is a blended discipline with characteristics of both science and art. The component science is to be learnt and art to be practiced. This art component of…

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767

Abstract

Purpose

Management is a blended discipline with characteristics of both science and art. The component science is to be learnt and art to be practiced. This art component of management education is the really challenging part, and this is where the management educational institutions build their uniqueness. The present management education needs a paradigm shift in order to fulfill the growing futuristic demands of the industry. The quality gaps identified through review of literature are preach–practice, industry–institution linkages, quality faculty, updated curriculum, soft skills development, research, online platforms and updated pedagogies. The researcher has taken an attempt to do a dyadic study in India.

Design/methodology/approach

The researcher has taken an attempt to do a dyadic study in India to analyze the perception of the management faculty and management students toward filling the quality gaps for a futuristic management education. The study has included 125 management faculties and 1200 management students through simple random sampling, and the data are collected through survey method.

Findings

The independent “t” test has been applied. The management faculties exhibit high degree of acceptance for filling the quality gaps such as research gaps, online platforms and industry and institution linkages since the mean scores are 4.22, 4.20 and 4.14 respectively. The management students exhibit high degree of acceptance for filling the quality gaps such as online platforms, updated pedagogies and soft skills development since the respective mean scores are 3.87, 3.85 and 3.82.

Research limitations/implications

The research area chosen for the study is reflecting the scenario of management education in developing countries such as India. The scenario may differ to developed countries.

Practical implications

When the quality of the management education is enriched, it will create global management professionals who will contribute qualitatively to the industries and uplift the overall global economic developments.

Social implications

The present study is enriching the existing literature review, by comparing the perception of both the counterparts, the management faculty and students, about the teaching and learning process. Thus, it can be concluded that the outcome of this study is relevant for the management educational institutions, and the need of the hour for the management education is definitely to fill the quality gaps, and all the management educational institutions have to be prepared enough to overcome the gaps with the support of their well-planned strategies. The futuristic demands are ever growing, even then the gap between the present and future expectations of the industry need to be well considered and bridged. As a result of the paradigm shift, the quality of the management education will be enriched, and it will create global management professionals. As a result of this quality-conscious education, a reputed brand image and set of loyal customers may also be developed (Akareem and Hossain, 2016). The learners of quality management education will contribute qualitatively to the industries and uplift the overall global economic developments. Further research is needed to measure the post impact of filling the quality gaps in the arena of management education.

Originality/value

The quality gaps identified through review of literature are preach–practice, industry–institution linkages, quality faculty, updated curriculum, soft skills development, research, online platforms and updated pedagogies.

Details

Journal of Economic and Administrative Sciences, vol. 37 no. 4
Type: Research Article
ISSN: 1026-4116

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Article
Publication date: 1 April 1998

Richard E. Teare

Reviews the prospects and potential for meeting industry‐specific learning and development needs with particular reference to a “University for Industry” initiative for…

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1159

Abstract

Reviews the prospects and potential for meeting industry‐specific learning and development needs with particular reference to a “University for Industry” initiative for hospitality and tourism. Its design and implementation draw on a global industry forum and its infrastructure provides: an access point for workplace learning programmes; a resource for addressing project and personal updating needs; a reference point for training and internal corporate communications and a means of interacting with “communities of interest” (such as industry‐education linkages).

Details

Journal of Workplace Learning, vol. 10 no. 2
Type: Research Article
ISSN: 1366-5626

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Article
Publication date: 1 March 2006

Michael Thomas

Seeks to explore the responsibilities of the major players in the market‐driven, globally orientated, capitalist system. Should managers and management educators be…

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2297

Abstract

Purpose

Seeks to explore the responsibilities of the major players in the market‐driven, globally orientated, capitalist system. Should managers and management educators be concerned with the way the system works? If the great guru of management thinking, Peter Drucker, raised fundamental questions about equity and management responsibility, then surely they must. This viewpoint challenges managers to think about their role as social trustees for a just society.

Design/methodology/approach

The paper explores the author's thinking about the problem

Findings

Concludes that managers and management educators should consider their social and cultural role as “citizen professionals”, and the responsibilities that that term implies. Instead of talking vaguely about paradigm shifts, they should rethink the future in the context of the all too evident “discontinuity” (Drucker) and “disruption” (Fukuyama) that characterise capitalism at the beginning of the twenty‐first century, and beware of “epistemopathology” (Thomas) of those times.

Practical implications

The paper provides insights into a new conceptual framework for management in these times.

Originality/value

Draws radical conclusions about the role of “management” in society.

Details

Management Decision, vol. 44 no. 3
Type: Research Article
ISSN: 0025-1747

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Article
Publication date: 5 March 2018

Kam Jugdev, Gita Mathur and Christian Cook

Given the demanding and stressful nature of project work, with a view to explore established concepts of burnout within the project management context, the purpose of this…

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2341

Abstract

Purpose

Given the demanding and stressful nature of project work, with a view to explore established concepts of burnout within the project management context, the purpose of this paper is to examine two instruments: the Maslach Burnout Inventory (MBI) and the Areas of Worklife Survey (AWS). Since there is a paucity of literature in project management anchored within the MBI and the Areas of Worklife Survey (AWS), this paper proposes a high-level model on burnout in project management, drawing on the literature underlying these two instruments.

Design/methodology/approach

Using a conceptual approach, the paper reviews the social psychology literature on burnout and then the narrow stream of literature on burnout in project management. The paper develops and proposes a conceptual model as a foundation to explore the links between the determinants of project manager burnout/engagement and turnover/retention.

Findings

This paper contributes to an improved understanding of the determinants of project manager burnout, engagement, turnover, and retention.

Practical implications

The driver for this research is to contribute to the emerging literature on burnout in project management and strategies to help improve engagement and retention of project managers in the discipline – specifically, their tenure in organizations and/or the profession.

Originality/value

This paper contributes to the topic of burnout in the project management context. An improved understanding of the stressors in project management contexts, and the mechanisms to mitigate the stress, can add to our understanding of project manager well-being, engagement and retention, improved project success, and healthier work environments.

Details

International Journal of Managing Projects in Business, vol. 11 no. 1
Type: Research Article
ISSN: 1753-8378

Keywords

Content available
Book part
Publication date: 4 May 2021

Abstract

Details

Enterprise Risk Management in Europe
Type: Book
ISBN: 978-1-83867-245-4

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Article
Publication date: 20 December 2018

Hussein Abdulla El-Omari

Obtaining, managing and using proper marketing information are considered an important strategic issue that cannot be ignored in the light of stiffening competition…

Abstract

Purpose

Obtaining, managing and using proper marketing information are considered an important strategic issue that cannot be ignored in the light of stiffening competition locally and internationally. Therefore, the purpose of this study is to examine the level of importance attached by Saudi industrial organizations to good management and use of quality marketing information.

Design/methodology/approach

A questionnaire method was used to collect the required data. Using a self-distributed method, the questionnaire was provided to top management levels of 80 companies from different industrial sectors in Saudi Arabia, selected randomly from a list provided by Saudi’s Chamber of Industry. Despite all attempts, only 30 completed questionnaires were returned and used in the statistical analysis for this study. This gave a response rate of 37.5 per cent. Used in this study’s statistical analysis were descriptive statistics such as frequencies, measures of central tendency such as the mean and median, measures of dispersion such as standard deviation and measures of distribution such as skewness and kurtosis. Advanced statistics, such as factor analysis statistics, were also used.

Findings

The study’s findings indicate how company variables are related to the ideal and actual marketing information application variables. Management’s capacity to develop a marketing plan and effectively observe the improvement may be the most demanding part of achieving desired results. This study further examined the degree to which Saudi business organizations are aware of how important it is to obtain and use proper marketing information. To develop good marketing plans, those business organizations must understand the nature of Saudi’s social structure. Its organization and welfare services are rooted in the values and traditions of Arab Muslim Culture. One of the five basic Pillars of Faith in Islam is the practice of Alms-giving and care of needy. Furthermore, people’s behavior is heavily influenced by the value, norms and expectations of Islam.

Research limitations/implications

This research offers a methodology to develop a better comprehension of the importance of having good management of marketing information and its use in Saudi Arabia via a description of the significant variables that form marketing information management and use. The current study also calls for more empirical research into this area of marketing in Saudi Arabia. The empirical nature of this study revealed some recommendations for future work that should look into the issues highlighted in this study. It would be useful to apply this study to other similar contexts, which may prove helpful in reexamining the validity of its results. However, further studies are needed to validate the findings of this study, as all behavioral and cultural variables were not investigated and are left for future research. In addition, this is a deductive research; therefore, some important variables may have been omitted, which is another reason for recommending more empirical studies of this type in Saudi Arabia and similar contexts.

Practical implications

Investigating this type of study in Saudi Arabia gives a unique implication, as it calls for better understanding of the Islamic Marketing Environment of this country, which has two important holy Mosques of Islam (i.e. Al-Haram and the Prophet’s Mosques). There is no denying that the marketing environment characteristics in any society are affected by environmental circumstances, and Saudi Arabia as the most important Muslim Country, is no exception.

Originality/value

The central issue of this paper is related to the importance of having, managing and using good marketing information by industrial organizations. With this issue in mind, this study was carried out in a Muslim country (i.e. Saudi Arabia). Although the Saudi market has many dealers, domestic and international trades and co-operatives, there is little relevant data about the existing marketing systems, i.e. scarcity of market data and information concerning demand, consumption, opportunities and competition.

Details

Journal of Islamic Marketing, vol. 10 no. 2
Type: Research Article
ISSN: 1759-0833

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Book part
Publication date: 3 September 2014

Ricardo Colón and Héctor G. Bladuell

This paper aims to help auditors manage the risk of Foreign Corrupt Practices Act (“FCPA”) violations of the companies that they audit, particularly those with operations…

Abstract

Purpose

This paper aims to help auditors manage the risk of Foreign Corrupt Practices Act (“FCPA”) violations of the companies that they audit, particularly those with operations in Latin America.

Methodology/approach

First, the paper describes the relevant provisions of the FCPA. Second, it identifies the common schemes and transactions associated with heightened risk of FCPA liability in Latin America and provides recommendations to minimize this risk. Third, it discusses the responsibilities of auditors under U.S. securities laws and regulations with respect to the FCPA violations of their clients. Finally, it describes the sanctions that auditors could face if they fail to fulfill their responsibilities regarding these FCPA violations. The paper is based on data collected from various documents including laws, cases, accounting and auditing standards, litigation releases, press releases, deferred prosecution agreements, and enforcement actions.

Findings

Auditors have a responsibility under Section 10A(a) of the Exchange Act to design procedures that provide reasonable assurances of detecting the FCPA violations of their clients, which are illegal acts with direct and material effects on the financial statements. In addition, auditors have a responsibility under Section 10A(b) of the Exchange Act to report the violations of the FCPA that they detect during the audit to the appropriate level of management. If management does not take the necessary remedial steps, auditors must report FCPA violations to the U.S. Securities and Exchange Commission. In order to reduce their FCPA-related liability and fulfill their responsibilities under U.S. securities laws and accounting standards, auditors should closely scrutinize transactions with a high risk of FCPA liability. An analysis of FCPA cases occurring in Latin America reveals six categories of transactions with heightened FCPA risk.

Originality/value of paper

While there is much literature regarding a company’s compliance with the FCPA, there has not been much literature about the auditor’s responsibilities with respect to the FCPA violations of their clients. This paper attempts to start bridging this gap by providing guidance to auditors regarding their responsibilities to detect and report FCPA violations.

Details

Accounting in Latin America
Type: Book
ISBN: 978-1-78441-067-4

Keywords

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