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1 – 6 of 6Michael D. Phillips, Dong Y. Nyonna, John X. Volker, Ashton B. Weddington and Tim L. Williams
This paper aims to argue that important elements in the capital budgeting process are either undervalued or not considered and are a significant reason for both low and slow…
Abstract
Purpose
This paper aims to argue that important elements in the capital budgeting process are either undervalued or not considered and are a significant reason for both low and slow growth in large firms. Adopting an entrepreneurial mindset in conjunction with a portfolio approach based on different types of innovation to allow for growth projects to enter the process and be evaluated for possible selection are outlined as an alternative to strengthen the capital budgeting process.
Design/methodology/approach
Concepts and processes drawn from the finance, economics and entrepreneurship literature are used to form a proposed new approach to the capital budgeting process.
Findings
Only a handful of large firms even achieve returns more than their cost of capital. This manuscript argues that the reason for the lack of growth is a function of a capital budgeting process that does not allow the full spectrum of risk projects because of behavioral factors. This manuscript further proposes a portfolio approach that would allow for all projects to be fairly considered and aligned with stakeholder interests.
Originality/value
The current literature tends to focus on the financial evaluative aspect of the capital budgeting process. The void in the literature is with other aspects of the capital budgeting process both in terms of currency and in pursuing alternative explanations for the reasons the full risk spectrum of projects is not considered.
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Maryam AlQasmi and Kamla Ali Al-Busaidi
This study aims to investigate the most effective enablers and tools for inhabitants’ knowledge acquisition in public policymaking organizations.
Abstract
Purpose
This study aims to investigate the most effective enablers and tools for inhabitants’ knowledge acquisition in public policymaking organizations.
Design/methodology/approach
Based on a literature review, the study summarized 51 individual, organizational, technological and inhabitant-related enablers of inhabitants’ knowledge acquisition, as well as 36 technological and social tools. The study assessed the effectiveness of these enablers and tools based on two rounds of a Delphi study targeting 31 policymakers in the Gulf Cooperation Council (GCC) countries. Kendall’s coefficient of concordance was assessed to determine consensus among participating policymakers.
Findings
The findings indicate that the most effective enablers were inhabitants’ willingness to get involved, information technology (IT) infrastructure, IT staff support and inhabitants’ trust in policymakers. Additionally, the study found that the most effective tools for inhabitants’ knowledge acquisition included meetings, interviews, social media and field visits.
Originality/value
Inhabitants’ knowledge acquisition is an important social and economic force that will drive change in any society by enabling the implementation of innovative ideas and practices. A review of the relevant research shows that despite the usability of inhabitants’ knowledge, the degree to which inhabitants’ knowledge acquisition is integrated into the public policymaking system remains unclear. This study of inhabitants’ knowledge acquisition from the policymaker perspective provides a better understanding of the inhabitants’ knowledge acquisition process in policymaking organizations.
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Mahalakshmi Satyanarayana and Shubha Ranganathan
The viewpoint essay focusses on the significance of integrated care (IC) for chronic pain in India, in an attempt to reflect on how pain management and care can be made more…
Abstract
Purpose
The viewpoint essay focusses on the significance of integrated care (IC) for chronic pain in India, in an attempt to reflect on how pain management and care can be made more accessible and available to patients.
Design/methodology/approach
This reflective essay invites looking at chronic pain beyond biomedical perspectives. Insights from the medical humanities and the social sciences are used to emphasise chronic pain as a psychosocial and socio-political phenomenon and not just a biomedical category.
Findings
The essay argues that there are several challenges and barriers to the recognition and validation of chronic pain as a speciality.
Originality/value
IC has not received sufficient attention in the Indian context, where medical curricula and training do not sufficiently include an understanding of the multi-faceted aspects surrounding chronic pain. By highlighting the role of humanistic approaches to effectively bridge the gap, this viewpoint essay illustrates the significance of drawing on an integrated or holistic healthcare framework.
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Taofeeq Durojaye Moshood, James O.B. Rotimi and Wajiha Shahzad
Formulating strategic decisions poses a significant challenge for construction organizations, profoundly impacting their overarching strategic management. The success of an…
Abstract
Purpose
Formulating strategic decisions poses a significant challenge for construction organizations, profoundly impacting their overarching strategic management. The success of an organization’s strategy relies on how information is managed and decisions are executed. However, the literature has a limited understanding of the connection between information quality and strategic decision-making, particularly in construction business performance. This study aims to bridge this gap by exploring how information quality mediates the relationship between strategic decision-making and the performance of construction businesses in New Zealand.
Design/methodology/approach
This quantitative study aims to fill this gap by assessing how information quality shapes strategic decision-making practices, impacting construction organizations’ performance. Analysing 102 viable responses through partial least squares structural equation modeling structural equation modelling offers partial support to the research framework.
Findings
The study used statistical analysis to gauge the impact of adopting strategic management practices on construction business performance, considering the mediation of the quality of information within New Zealand’s context. It affirmed a positive correlation between strategic decision-making management and construction business performance, underpinned by the mediation of quality of information.
Practical implications
This study underscores the critical role of information quality in evaluating strategic decisions for bolstering construction business performance. In essence, it affirms that enhancing the performance of construction organizations via strategic decision-making is intrinsically linked to the quality of information.
Originality/value
This study makes a noteworthy contribution by establishing connections between decision importance, process effectiveness, information quality, intuition in decision-making and model development, providing valuable insights to the field.
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Claudia Giacoman, Pamela Ayala Arancibia and Camila Joustra
The social sciences have extensively studied meals; nonetheless, a few have investigated the menu format, with all the data originating from European countries. Within this…
Abstract
Purpose
The social sciences have extensively studied meals; nonetheless, a few have investigated the menu format, with all the data originating from European countries. Within this framework, the novelty of this research is that it analyses the relationship between social class and lunch structure among adults in a Global South city: Santiago, Chile.
Design/methodology/approach
The study worked with data from the Survey of Commensality in Adults (>18) of the Metropolitan Region, which used a questionnaire and a self-administered eating event diary. The analysis unit was lunches (n = 3,595). The dependent variable was the structure of the lunches (single course, starter with a main course, a main course with dessert or a full-course menu with starter, main course and dessert). The independent variable was the individual’s social class (either the working, intermediate or service class).
Findings
The data showed that lunches are mostly semi- or fully structured (only 44.5% of the lunches reported by the participants contained a single course). The odds of eating a single course were lower in the service class than the working one and the odds of eating a full-course meal were higher in the service class than the working one.
Originality/value
The results provide new quantitative evidence from a representative sample of a Global South city about the relevance of social class as a differentiating factor in food, specifically regarding the existence of simpler meals among the lower classes.
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Maribel Labrado-Antolín, Óscar Rodríguez-Ruiz and José Fernández-Menéndez
This paper studies the impact that perceived proximity and employee voice have on the affective well-being of employees working from home (WFH). Drawing on Wilson et al.'s (2008…
Abstract
Purpose
This paper studies the impact that perceived proximity and employee voice have on the affective well-being of employees working from home (WFH). Drawing on Wilson et al.'s (2008) model of perceived proximity in virtual work, we believe that effectiveness in the use of the enterprise social network (ESN), communication and workmate identification increase the perceived proximity of teleworkers. We also propose that employee voice and perceived proximity have in turn positive implications in terms of well-being.
Design/methodology/approach
The study analyzes a dataset of 542 professionals with experience in home-based telework. Structural equation modeling (SEM) has been used to test the proposed hypotheses.
Findings
Results show that perceived proximity is significant and positively associated with affective well-being. Conversely, the expression of direct voice using electronic channels has a negative influence on the well-being of home-based teleworkers.
Originality/value
This study reveals the need to re-think the challenges of telework after the forced experiment of WFH provoked by the COVID-19 pandemics. Building on the “far-but-close” paradox, it emphasizes the role of workmate identification and communication and the perceived effectiveness of the ESN as sources of perceived proximity. At the same time, the paper adds to telework research by explaining how the expression of direct voice through electronic channels and indirect voice can have consequences in terms of well-being.
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