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1 – 4 of 4Ralph 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…
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.
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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…
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.
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Considers systems theory and cybernetics to be a solid basis for transdisciplinarity in management education and research. Introduces the “St Gallen Management Model” and…
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.
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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.
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