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Man has been seeking an ideal existence for a very long time. In this existence, justice, love, and peace are no longer words, but actual experiences. How ever, with the American preemptive invasion and occupation of Afghanistan and Iraq and the subsequent prisoner abuse, such an existence seems to be farther and farther away from reality. The purpose of this work is to stop this dangerous trend by promoting justice, love, and peace through a change of the paradigm that is inconsistent with justice, love, and peace. The strong paradigm that created the strong nation like the U.S. and the strong man like George W. Bush have been the culprit, rather than the contributor, of the above three universal ideals. Thus, rather than justice, love, and peace, the strong paradigm resulted in in justice, hatred, and violence. In order to remove these three and related evils, what the world needs in the beginning of the third millenium is the weak paradigm. Through the acceptance of the latter paradigm, the golden mean or middle paradigm can be formulated, which is a synergy of the weak and the strong paradigm. In order to understand properly the meaning of these paradigms, however, some digression appears necessary.

Man has been seeking an ideal existence for a very long time. In this existence, justice, love, and peace are no longer words, but actual experiences. How ever, with the American preemptive invasion and occupation of Afghanistan and Iraq and the subsequent prisoner abuse, such an existence seems to be farther and farther away from reality. The purpose of this work is to stop this dangerous trend by promoting justice, love, and peace through a change of the paradigm that is inconsistent with justice, love, and peace. The strong paradigm that created the strong nation like the U.S. and the strong man like George W. Bush have been the culprit, rather than the contributor, of the above three universal ideals. Thus, rather than justice, love, and peace, the strong paradigm resulted in in justice, hatred, and violence. In order to remove these three and related evils, what the world needs in the beginning of the third millenium is the weak paradigm. Through the acceptance of the latter paradigm, the golden mean or middle paradigm can be formulated, which is a synergy of the weak and the strong paradigm. In order to understand properly the meaning of these paradigms, however, some digression appears necessary.

Leadership development, career planning and management, management of start-ups, construction industry in India.

Post graduate management courses, executive training programs/modules in leadership development; organizational culture and construction management.

This case illustrates the shortcomings of both the management and leadership at a start-up business within a growing industry. The rapidly growing construction equipment manufacture and renting activity in India and the lack of structure, systems and resources characteristic of start-ups are complicated more by the fact that Itsun Heavy Industry India Pvt. Ltd (IHIIPL) was in India while its head quarter was in China. In exploring the diverse human, organizational and operational problems shadowing IHIIPL and their causes, students cannot only diagnose what went wrong and why for Dilip, but also sense how he could have handled these issues more effectively.

Dilip's case cautions managers against issues common to many industries and organizations and students will examine: self assessment and career choices: the case raises question of the gap between what was needed at IHIIPL and what skills and qualities Dilip brought to the job; leadership and leadership challenge: the case raises question of what kind of attitudes and actions constitute effective leadership; and managing the company performance for a start-up: Dilip faced a constant stream of operating problems: lack of procedures and systems, a non-supportive headquarter in China, inexperienced staff, shortages of resources and material and internal conflicts.

Teaching note.

The purpose of this paper is to forecast variability in mortgage rates by using interval measured data and interval computing method.

Variability (interval) forecasts generated by the interval computing are compared with lower‐ and upper‐bound forecasts based on the ordinary least squares (OLS) rolling regressions.

On average, 56 per cent of annual changes in mortgage rates may be predicted by OLS lower‐ and upper‐bound forecasts while the interval method improves forecasting accuracy to 72 per cent.

This paper uses the interval computing method to forecast variability in mortgage rates. Future studies may expand variability forecasting into more risk‐managing areas.

Results of this study may be interesting to executive officers of banks, mortgage companies, and insurance companies, builders, investors, and other financial decision makers with an interest in mortgage rates.

Although it is well‐known that changes in mortgage rates can significantly affect the housing market and economy, there is not much serious research that attempts to forecast variability in mortgage rates in the literature. This study is the first endeavor in variability forecasting for mortgage rates.

Supplemental Instructions (SIs) were introduced into the San Francisco State University College of Science & Engineering curriculum in 1999. The goal was to improve student performance and retention and to decrease the time to degree in STEM majors. While for the most part we followed the structure and activities as developed by the International Center for Supplemental Instruction at the University of Missouri, Kansas City, we discovered several variations that significantly improved our outcomes. First and foremost, we created SI courses that require attendance, which results in higher students’ performance outcomes compared to drop-in options. Second, at SFSU the SI courses are led by pairs of undergraduate student facilitators (who are all STEM majors) trained in active learning strategies. Each year, more than half of our facilitators return to teach for another year. Thus, each section has a returning “experienced” facilitator who works with a new “novice” facilitator. Third, the SI courses were created with a distinct course prefix and listed as courses that generate revenue and make data access available for comparison studies. Results are presented that compare SI impact by gender and with groups underrepresented in STEM disciplines.

The purpose of this paper is to associate a probabilistic confidence with the stock market interval forecasts obtained with the interval least squares (ILS) algorithm. The term probabilistic confidence in this paper means the probability of a point observation that will fall in the interval forecast.

Using confidence interval as input, annual ILS forecasts of the stock market were made. Then the probability of point observation that fall in the annual forecasts was examined empirically.

When using confidence interval as ILS input, the stock market annual interval forecasts may have the same level of confidence as that of the input intervals.

At the same confidence level, the ILS can produce much better quality forecasts than the traditional ordinary least squares method for the stock market. Although the algorithmic approach can be applied to analyze other datasets, one should examine implications of computational results as always.

Results of this specific paper may be interesting to executive officers, other financial decision makers and to investors.

Although the ILS algorithm has been recently developed in forecasting the variability of the stock market, this paper presents the first successful attempt in associating a probabilistic confidence with ILS interval forecasts.

Power‐electronic systems have been playing a significant role in the integration of large‐scale wind turbines into power systems due to the fact that during the past three decades power‐electronic technology has experienced a dramatic evolution. This second part of the paper aims to focus on a comprehensive survey of power converters and their associated control systems for high‐power wind energy generation applications.

Advanced control strategies, i.e. field‐oriented vector control and direct power control, are initially reviewed for wind‐turbine driven doubly fed induction generator (DFIG) systems. Various topologies of power converters, comprising back‐to‐back (BTB) connected two‐ and multi‐level voltage source converters (VSCs), BTB current source converters (CSCs) and matrix converters, are identified for high‐power wind‐turbine driven PMSG systems, with their respective features and challenges outlined. Finally, several control issues, viz., basic control targets, active damping control and sensorless control schemes, are elaborated for the machine‐ and grid‐side converters of PMSG wind generation systems.

For high‐power PMSG‐based wind turbines ranging from 3 MW to 5 MW, parallel‐connected 2‐level LV BTB VSCs are the most cost‐effective converter topology with mature commercial products, particularly for dual 3‐phase stator‐winding PMSG generation systems. For higher‐capacity wind‐turbine driven PMSGs rated from 5 MW to 10 MW, medium voltage multi‐level converters, such as 5‐level regenerative CHB, 3‐ and 4‐level FC BTB VSC, and 3‐level BTB VSC, are preferred. Among them, 3‐level BTB NPC topology is the favorite with well‐proven technology and industrial applications, which can also be extensively applicable with open‐end winding and dual stator‐winding PMSGs so as to create even higher voltage/power wind generation systems. Sensorless control algorithms based on fundamental voltages/currents are suggested to be employed in the basic VC/DPC schemes for enhancing the robustness in the entire PMSG‐based wind power generation system, due to that the problems related with electromagnetic interferences in the position signals and the failures in the mechanical encoders can be avoided.

This second part of the paper for the first time systematically reviews the latest state of arts with regard to power converters and their associated advanced control strategies for high‐power wind energy generation applications. It summarizes a variety of converter topologies with pros and cons highlighted for different power ratings of wind turbines.

Performance feedback theory (PFT) has informed analyses in numerous national contexts and has been used to explain various business and management activities of firms. Stemming from behavioral theory and grounded in a cognitive perspective, which views organizational actions as being the results of decisions produced by groups of individual decision-makers, PFT research has mostly assumed the universal nature of cognition and decision-making processes. However, PFT also presumes that individual decision-makers bring with them different backgrounds and experiences. Hence, this paper offers propositions on how cultural differences in individualism-collectivism influence the major components of PFT, including the formation and revision of performance goals (aspiration levels), and search behaviors and risk preferences in response to gaps between goals and actual performance. Implications for future research and practice are discussed.

This paper offers theoretical propositions for the above purpose.

This is not an empirical analysis.

By integrating the individualism-collectivism differences framework into the PFT model, the authors answer previous calls to integrate concepts and frameworks from other theories into PFT while considering the role of cultural differences in aspiration-consequence relationships. Additionally, much of PFT research has focused on outcomes, while actual internal processes have remained unobserved. By focusing on how cultural differences influence various PFT processes, this conceptual analysis sheds light on the unobserved bounds of decision-makers' cognitions.

Despite its persistence as a form of leadership, paternalism has received limited attention within organizational studies. In order to develop a construct definition of paternalism in a contemporary organizational context for this study, a literature review of paternalism is synthesized with qualitative field data collected in Mexican organizations and U.S. organizations that are owned and operated by Mexican immigrants. This analysis is conducted within a framework of leadership, and it suggests that paternalism combines paternalists’ benevolent acts with their subtle control over subordinates’ flexibility in meeting employment terms. Leaders express benevolence through their supportiveness and by providing for employees’ welfare both within the organization and their personal needs outside of the organization. Furthermore, both paternalistic leaders and subordinates frame their relationships in terms of social exchange, offering new insights into the dynamics within these exchange relationships.