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1 – 10 of 355Youmin Xi, Xiaojun Zhang and Jing Ge
The purpose of this paper is to address several challenges faced by organizational management in the contemporary context, and how managers can better reply to management…
Abstract
Purpose
The purpose of this paper is to address several challenges faced by organizational management in the contemporary context, and how managers can better reply to management challenges by integrating oriental and occidental philosophy and wisdom.
Design/methodology/approach
The paper first describes the characteristics of the contemporary management context and identifies challenges that managers are likely to encounter. The paper then investigates how oriental and occidental philosophy and wisdom reply to these management challenges, whilst also considering the relative advantages and disadvantages of both traditions. Based on the complementarity of these two traditions, the paper finally proposes a framework that integrates both oriental and occidental wisdom by HeXie Management Theory to better respond to management challenges.
Findings
The contemporary organizational environment is characterized by four key salient components: complexity, change, ambiguity, and uncertainty (CCAU). Managers are challenged by problems of determining causality, managing holistically, and adaptation to rapid change. Western philosophical approaches to confronting management challenges arising from CCAU, inherent in the wider economic environment, emphasize standardization and rational design on the basis of science, law, and religion. Conversely, Oriental philosophical approaches to management challenges oppose such rigid systems in favour of flexibility and adaptability which emphasize harmony and morality. Essentially, whereas western thought intends to limit the occurrence of unpredicted events through the development of scientific systems, oriental thinking aims to provide a flexible and fluid system which absorbs the effects of CCAU, thus limiting and using its impact. These two perspectives both have their own advantages and disadvantages when facing management challenges in the context of CCAU. By integrating these two complementary approaches, the authors propose HeXie Management Theory (HXMT). HXMT establishes a clear vision and mission to direct the development of organizations; to organize an integrated management system through the HeXie Theme and HeXie Coupling, and to apply the component “He Principle” and “Xie Principle” as basic mechanisms to cope with management challenges.
Originality/value
This study contributes to research on relationships between organizations and environment by providing a holistic analysis, and adds knowledge about how to reply to management challenges by constructing ambidextrous organizations based on HeXie Management Theory.
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James M. Kurtenbach and Robin W. Roberts
Accounting researchers have performed many studies related to public sector budgeting and financial management. Public sector accounting research seeks to explain the role of…
Abstract
Accounting researchers have performed many studies related to public sector budgeting and financial management. Public sector accounting research seeks to explain the role of accounting and auditing in the public sector. For example, researchers examine issues such as (1) the use of accounting information by elected officials, (2) the demand for auditing, and (3) the determination of bond ratings. This review of the public sector accounting literature describes some of the theoretical foundations utilized in public sector accounting research and reviews a sample of selected empirical studies.
Paul Mitchell and Hadyn Ingram
Considers a number of analytical theoretical frameworks used in retailing to assess space, benchmark performance and determine property market value. Compares the nature of the…
Abstract
Considers a number of analytical theoretical frameworks used in retailing to assess space, benchmark performance and determine property market value. Compares the nature of the hospitality product to retailing and applies some of these frameworks to the hotel context. Assesses various ways of determining hotel valuations that take account of performance, market conditions and local factors. Concludes that the range and sophistication of retailing techniques may be appropriate to hotels in the determination of realistic market valuations.
Describes how the opinions about Wilhelm Roscher and his workdeveloped during the century following his death in the USA. Possiblereasons for the changes are explored. Special…
Abstract
Describes how the opinions about Wilhelm Roscher and his work developed during the century following his death in the USA. Possible reasons for the changes are explored. Special attention is given to the more favourable reception of Roscher in the USA as opposed to the UK. A central point is that his influence and importance in the USA changed as time passed and with the development of professional economics. Suggests new reading of Cunningham′s essay. Attention is drawn to some of Roscher′s works in English that have been neglected. Some problems of periodization in the history of economic thought are investigated. Several conventional judgements are challenged and possibilities for further research suggested.
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“In your October 1988 issue (Vol.5, No.9) you advise people making hardware decisions to purchase existing PC architecture rather than switching to the new OS/2 Micro‐Channel…
Abstract
“In your October 1988 issue (Vol.5, No.9) you advise people making hardware decisions to purchase existing PC architecture rather than switching to the new OS/2 Micro‐Channel architecture. You correctly point out that the new hardware and software will be more expensive and that there is currently little software to take advantage of the new architecture. In your recommendation you state the following: ‘The proper time to switch, if ever, is when there is a super hardware package you just have to have which runs only on the new machines. If you want to switch just for the sake of it, it makes more sense to try a Macintosh than a PS/2.’
Silveli Cristo-Andrade and Mário José Franco
Based on firms’ need to remain competitive and dynamic in a scenario of constant change, the purpose of this paper is to compare the actors involved in cooperation for innovation…
Abstract
Purpose
Based on firms’ need to remain competitive and dynamic in a scenario of constant change, the purpose of this paper is to compare the actors involved in cooperation for innovation between Brazilian small- and medium-sized enterprises (SMEs) and large firms (LFs), and also in two industries/sectors, manufacturing and services.
Design/methodology/approach
To achieve this objective, the database chosen was PINTEC, with data available from 1998 to 2014. The statistical analyses performed were binary logistic regression, descriptive statistics of the variables, correlation matrix and the difference of means.
Findings
The empirical evidence show that the firm’s characteristics (SME or LF) favour the use of one type of cooperation for innovation or another, highlighting SMEs’ proximity to their clients and LFs’ structures, tending to belong to business groups and having links to training centres and technical assistance networks.
Research limitations/implications
The theoretical contribution of this study lies in the evidence that types of cooperation for innovation can vary according to firm size and the type of industry/sector, and the practical contribution lies in pointing out the importance of clients for SMEs, and for LFs the importance of business groups, technical assistance and professional training centres. The importance of suppliers in cooperation for innovation stands out in the service sector, and that of clients in the manufacturing sector.
Originality/value
This study shows that the types of cooperation to innovation can vary according to firm size and type of sector, in an emerging market and with low rates of innovation. It is emphasized that most research on the subject has been carried out in developed countries or emerging Asian ones. Therefore, this study is innovative because it shows particularities of the Brazilian market that can subsequently be observed in other emerging markets.
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Mohinder Chand and Anastasia A. Katou
The study has a two‐fold purpose: to investigate whether some specific characteristics of hotels affect organisational performance in the hotel industry in India; and to…
Abstract
Purpose
The study has a two‐fold purpose: to investigate whether some specific characteristics of hotels affect organisational performance in the hotel industry in India; and to investigate whether some HRM systems affect organisational performance in the hotel industry in India.
Design/methodology/approach
A total of 439 hotels, ranging from three‐star to five‐star deluxe, responded to a self‐administered questionnaire that measured 27 HRM practices, five organisational performance variables, and ten demographic variables. Factor analysis was performed to identify HRM systems, one‐way ANOVA was employed to test the association of the demographic variables with organisational performance, and correlation analysis was used to test the relation between HRM systems and organisational performance.
Findings
The results indicate that hotel performance is positively associated with hotel category and type of hotel (chain or individual). Furthermore, hotel performance is positively related to the HRM systems of recruitment and selection, manpower planning, job design, training and development, quality circle, and pay systems.
Research limitations/implications
Single respondent bias may have occurred because a single respondent from each organisation provided information on HRM practices and perceived measures of organisational performance. The sample was drawn from the population of best performing hotels in India, so is not representative of the hotel industry in India.
Practical implications
If hotels are to achieve higher performance levels, they should preferably belong to a chain and increase their category, and management should focus on “best” HRM practices indicated in the study.
Originality/value
The study makes a modest attempt to add information to the very little empirical knowledge available referring to the link between HRM and performance in the hotel industry.
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Nobody concerned with political economy can neglect the history of economic doctrines. Structural changes in the economy and society influence economic thinking and, conversely…
Abstract
Nobody concerned with political economy can neglect the history of economic doctrines. Structural changes in the economy and society influence economic thinking and, conversely, innovative thought structures and attitudes have almost always forced economic institutions and modes of behaviour to adjust. We learn from the history of economic doctrines how a particular theory emerged and whether, and in which environment, it could take root. We can see how a school evolves out of a common methodological perception and similar techniques of analysis, and how it has to establish itself. The interaction between unresolved problems on the one hand, and the search for better solutions or explanations on the other, leads to a change in paradigma and to the formation of new lines of reasoning. As long as the real world is subject to progress and change scientific search for explanation must out of necessity continue.