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Book part
Publication date: 14 March 2023

Torben Juul Andersen and Johanna Sax

Strategic adaptation in complex environments with frequent changes must balance the search for innovative opportunistic ventures and conscious pursuit to achieve established goals…

Abstract

Strategic adaptation in complex environments with frequent changes must balance the search for innovative opportunistic ventures and conscious pursuit to achieve established goals and outcomes. This creates a tension between attempted efficiency gains from tight strategic controls that avoid diversion of corporate resources and the facilitation of dispersed initiatives in search for business opportunities. To assess this conundrum, the authors present an interactive strategic control model that combines planning and participative strategy-making with interactive control processes. This combination of management practices arguably creates an adaptive system that drives the upside performance outcomes from a guided adaptation of opportunistic insights. Various hypotheses are developed and tested based on survey data from among the 500 largest firms in Denmark. The results suggest a direct relationship between interactive controls, strategic planning, and participative leadership on upside performance outcomes. Moreover, the positive effect from interactive controls on the upside potential is enhanced by participative decisions.

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Responding to Uncertain Conditions: New Research on Strategic Adaptation
Type: Book
ISBN: 978-1-80455-965-9

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Book part
Publication date: 28 October 2021

Odysseas Pavlatos and Hara Kostakis

The aim of this chapter is to investigate the relationship between the uses of budgets with financial performance in start-ups’ business environment. For this reason, an empirical…

Abstract

The aim of this chapter is to investigate the relationship between the uses of budgets with financial performance in start-ups’ business environment. For this reason, an empirical survey was carried out, using a questionnaire in 134 start-up companies, which are based in 10 different European countries. Results show that there is a positive association between the use of budgets for planning, resource allocation and performance evaluation with financial performance. The CEO’s business educational background, as well as CEO’s beliefs about planning, has a strong influence in the use of budgets in start-up firms. We also concluded that there is a positive association between perceived environmental uncertainty (PEU) and the use of budgets for planning and resource allocation and a negative association between PEU and the use of budgets for performance evaluation.

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Advances in Management Accounting
Type: Book
ISBN: 978-1-80043-627-5

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Book part
Publication date: 10 October 2017

Hans Mikkelsen and Jens O. Riis

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Project Management
Type: Book
ISBN: 978-1-78714-830-7

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Book part
Publication date: 10 October 2017

Hans Mikkelsen and Jens O. Riis

Abstract

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Project Management
Type: Book
ISBN: 978-1-78714-830-7

Book part
Publication date: 11 February 2019

Torben Juul Andersen and Simon Torp

The combined roles of strategic planning and decentralized strategy-making remain an essential issue in strategy research and its resolution has implications for management…

Abstract

The combined roles of strategic planning and decentralized strategy-making remain an essential issue in strategy research and its resolution has implications for management practice. To this end the current study considers the added effects of adopted leadership style and use of interactive controls and thereby uncovers new interesting insights about the combined strategy-making process. The authors use structural equation analyses to investigate these more fine-grained relationships based on an updated cross-sectional dataset from among the largest companies in Denmark. The analyses find that a participative leadership style drives the application of interactive controls, which in turn has a positive interaction effect on the relationship between strategic planning and corporate performance. A participative leadership style also exerts positive influence on autonomous strategic actions, which in turn has a negative direct relationship to performance, but a positive interaction effect on performance together with use of interactive controls. The authors discuss the theoretical foundation for these intricate relationships and consider opportunities to extract further research insights.

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Strategic Responsiveness and Adaptive Organizations: New Research Frontiers in International Strategic Management
Type: Book
ISBN: 978-1-78973-011-1

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Servitization Strategy and Managerial Control
Type: Book
ISBN: 978-1-78714-845-1

Book part
Publication date: 10 October 2017

Hans Mikkelsen and Jens O. Riis

Our notion of project control is based on the five-by-five model and constitutes a comprehensive control model including control of results, time and work control, resource…

Abstract

Our notion of project control is based on the five-by-five model and constitutes a comprehensive control model including control of results, time and work control, resource control, financial control, and contract management.

The task of project control is determined by uncertainty and complexity and calls for improvisation and ingenuity in order to be able to maneuver the project. The notion of forward-oriented follow-up is introduced.

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Project Management
Type: Book
ISBN: 978-1-78714-830-7

Book part
Publication date: 15 December 1998

Henk H. Hesselink* and Stéphane Paul**

Currently, the European air transport system is experiencing an annual growth of 7%. With an increasing number of flights, airports are reaching their capacity limits and are…

Abstract

Currently, the European air transport system is experiencing an annual growth of 7%. With an increasing number of flights, airports are reaching their capacity limits and are becoming a bottleneck in the system. Mantea is a European Commission funded project dealing with this issue. This paper focuses on planning decision support tools for airport traffic controllers.

The objective of our planning tools is to achieve a better use of the available airport infrastructure (taxiways and runways). To generate a safe plan, many rules must be taken into account that restrict the usage of airport tarmac: international regulations, airport operational procedures, aircraft performance, weather conditions and sometimes even controller “usual practices”. To generate a realistic plan, extensive monitoring of the traffic situation as well as suitable timing must be achieved. In the life cycle of a flight, 11 out of 15 possible causes of delay occur in an interval of 10-20 minutes, between aircraft start-up request and push-back. This means that precise planning before the end of this period is highly improbable. On the other hand, planning after this period implies the need for fast responses from the system.

In the Mantea project, an architecture is proposed in which a co-operative approach is taken towards planning aircraft movements at the airport. Controllers will be supported by planning tools that help assigning routes and departure times to controlled vehicles, in planning runway allocation (departure sequence) and occupancies, and in monitoring plan progress during flight phases. The planning horizon relates to medium term operations, i.e. 2-20 minutes ahead. The Mantea planning tools implement the following functions: runway departure planning, routing, and plan conformance monitoring. The tools will reduce the controller's workload, increase the level of safety for airport surface movements, and reduce the number of delays and operating costs for the airliners.

In this paper, we will focus on the constraint satisfaction programming techniques used in Mantea for (1) runway departure planning, (2) itinerary search and taxi planning functions. The airport tarmac and runway vicinity air routes have been modelled as a graph. Real time constraints have brought us to develop an algorithm linear in complexity for the itinerary search problem. Operational pressure has led us to develop fast search strategies for scheduling (i.e. use of heuristics, hill climbing…).

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Mathematics in Transport Planning and Control
Type: Book
ISBN: 978-0-08-043430-8

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Book part
Publication date: 10 October 2017

Hans Mikkelsen and Jens O. Riis

Abstract

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Project Management
Type: Book
ISBN: 978-1-78714-830-7

Book part
Publication date: 16 May 2013

Bruno Lobo

This chapter analyzes the role of new local planning frameworks in the development of urban megaprojects (UMPs). It argues that the way projects are integrated with existing…

Abstract

This chapter analyzes the role of new local planning frameworks in the development of urban megaprojects (UMPs). It argues that the way projects are integrated with existing planning controls and statutory procedures influences how its costs and benefits are distributed. Drawing on the case studies of the Special Hudson Yards District in New York City, the “Zone d’Amenagement Concerte Clichy-Batignolles” in Paris and the Operacao Urbana Agua Branca in Sao Paulo, it compares how the legislative reforms and strategic plans enacted in each city impacted development programs, implementation process, and public benefits delivered by each project. This is a comparative case study analysis using quantitative and qualitative data collected through planning documents, press articles, interviews, and field research on the planning process of the three case studies, their administrative and institutional frameworks focused combined with quantitative analysis of the development proposals and outcomes of each project. The research shows how the articulation between the new plans and the underlying zoning districts as well as willingness by the city to commit public funds to finance the required upfront investments influence the ability of cities to extract public benefits from urban megaprojects and improve integration with surrounding neighborhoods, transport infrastructure, and regional policy. Based on a succinct review of the related literature the chapter illustrates the evolving role of public agencies and land-use regulation in the development of UMPs, illustrates the material expression of strategic planning on legislative reform and policy statements, provides a comparative analysis of contrasting legal systems, and suggests policy formulations that can improve the “public return” generated by UMPs.

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