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Article
Publication date: 10 July 2017

Ralph Schuhmann and Bert Eichhorn

The aim of this paper is to pursue three objectives: to assess the extent to which theoretical concepts and corporate practice are reflecting the contract’s risk management…

1475

Abstract

Purpose

The aim of this paper is to pursue three objectives: to assess the extent to which theoretical concepts and corporate practice are reflecting the contract’s risk management dimensions; to identify ways to make full usage of the contract’s risk dimensions for risk management purposes; to overcome the isolation of the contract caused by its perception as a legal instrument by integrating its handling into the overall corporate management processes.

Design/methodology/approach

Literature is analyzed regarding the contract’s roles as a source of risk and as a risk management device. Based on the relevant findings, it uses the Contractual Management Model to develop a concept that integrates all contract-related risk management processes in an enterprise.

Findings

The paper redefines the term “contract risk” in the light of modern understanding of contract functions and contract purposes. It shows that only Contractual Risk Management theory takes the management capacity of the contract fully into account. A Contractual Risk Management process is suggested which integrates all contract-related corporate management processes and aligns them to the requirements of transaction risk management and enterprise risk management.

Originality/value

The paper may guide executives to optimize corporate risk management processes through a better understanding of the risk potential of contract and of its risk management capacity. It provides a checklist of redefined contract risks as well as a concept that, for the first time, is aligning all contract-related management processes to support the corporate risk management system.

Details

International Journal of Law and Management, vol. 59 no. 4
Type: Research Article
ISSN: 1754-243X

Keywords

Article
Publication date: 2 February 2015

Ralph Tench and Angeles Moreno

The principle focus of the European Communication Professional Skills and Innovation (ECOPSI) Research project reported in this paper is to develop understanding of the…

1699

Abstract

Purpose

The principle focus of the European Communication Professional Skills and Innovation (ECOPSI) Research project reported in this paper is to develop understanding of the competences held by senior communication practitioners and the contributing knowledge, skills and personal attributes that are relevant to their role. The paper aims to discuss this issue.

Design/methodology/approach

This paper is based on 24 months of desk and empirical work by the research team in three core phases: the benchmarking report based on literature reviews in each country region; quantitative data collection from communication practitioners in 42 countries across Europe; qualitative data from 53 interviews across four senior practitioner roles in the six regions of the study’s focus.

Findings

The findings highlight the competencies needed by senior practitioners through the creation of the Communication Role Matrix with critical evaluation of the current contemporary issues faced by the sector.

Research limitations/implications

The authors acknowledge a limitation of the study regarding the selection of the four studied professional roles. ECOPSI has proven a common understanding of theses four studied roles in Europe, but further research on the competencies of diverse roles performed in the profession would need to be explored for a more comprehensive appreciation of the full spectrum of public relations and strategic communication practice.

Practical implications

The paper draws together findings from across Europe and presents a practical interpretation of the project in the form of an online self-diagnostic tool based on an online portal for practitioners to self-complete.

Social implications

The programme improves the professionalism of practitioners across Europe and their ability to work across borders in a European and wider international community of communication practitioners.

Originality/value

This study benchmarks the educational and practice landscape in six key regions of Europe to demonstrate that the elements focusing on skills, knowledge and personal attributes of European communication professionals can be synthesised using competences as the foundational element. The originality is also reflected in the self-diagnostic tool for the project based on an online portal.

Details

Journal of Communication Management, vol. 19 no. 1
Type: Research Article
ISSN: 1363-254X

Keywords

Article
Publication date: 1 December 2001

Markus Schwaninger

Considers systems theory and cybernetics to be a solid basis for transdisciplinarity in management education and research. Introduces the “St Gallen Management Model” and…

2497

Abstract

Considers systems theory and cybernetics to be a solid basis for transdisciplinarity in management education and research. Introduces the “St Gallen Management Model” and discusses models grounded in systemic thinking. Outlines recent developments and assesses their impact.

Details

Kybernetes, vol. 30 no. 9/10
Type: Research Article
ISSN: 0368-492X

Keywords

Article
Publication date: 8 May 2019

Markus Schwaninger

This study aims to explore an exemplar of the design and application of a systemic framework for higher education. The field of application is in the social sciences and the…

Abstract

Purpose

This study aims to explore an exemplar of the design and application of a systemic framework for higher education. The field of application is in the social sciences and the perspective long-term, covering three generations of faculty and many generations of students.

Design/methodology/approach

This study is exploratory. It contains a conceptual component and an empirical component with a long-term case study from a European university.

Findings

A cybersystemic approach to higher education has been shown, at the focal university, to be a powerful amplifier of individual and institutional capabilities, and it still has great potential. The crucial prerequisite is that the approach is virtuously designed and implemented.

Originality/value

A case study ranging over 50 years is presented. The respective university has been a role model for other educational institutions for many years. Its influence in the German-speaking countries, and more recently also internationally, has become significant.

Details

Kybernetes, vol. 48 no. 7
Type: Research Article
ISSN: 0368-492X

Keywords

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