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Article
Publication date: 1 May 1992

Richard Ratliff and Steven Hanks

Auditors need to assess organizations′ risk‐taking behaviour in thechanging marketplace. Discusses strategic risk – with a specificregard to the product market and its…

Abstract

Auditors need to assess organizations′ risk‐taking behaviour in the changing marketplace. Discusses strategic risk – with a specific regard to the product market and its dangers to the organization without the correct techniques. Looks at the two types of risk – action and inaction risk – and goes on to clarify their importance to firms. Examines various techniques and strategies to eliminate risk for companies and these are listed and discussed. Concludes that there are several implications for managerial auditors regarding risk‐bearing strategies.

Details

Managerial Auditing Journal, vol. 7 no. 5
Type: Research Article
ISSN: 0268-6902

Keywords

Article
Publication date: 1 August 1994

Richard L. Ratliff, James W. Brackner and Steven H. Hanks

The science and discipline of management have undergone some remarkablechanges in recent years. These changes affect virtually every part oforganizations, including…

786

Abstract

The science and discipline of management have undergone some remarkable changes in recent years. These changes affect virtually every part of organizations, including internal auditing. One impact has been an increase in what are known as special projects conducted by internal auditors. Notes three observations suggesting several unique challenges for internal auditors performing special projects. Observation 1 – Special projects are more likely to involve higher level strategy. Observation 2 – Special projects may lead internal auditors into unfamiliar organizational territory. Observation 3 – Special projects are more likely to occur in the context of larger projects. Outlines defining characteristics of special projects and analyses five issues related to the above observations: (1) how to ensure auditor competence; (2) how to gain senior management′s commitment to special projects by internal auditors; (3) how to determine objectives, expectations and deadlines; (4) how to schedule special projects; and (5) how to report findings.

Details

Managerial Auditing Journal, vol. 9 no. 5
Type: Research Article
ISSN: 0268-6902

Keywords

Article
Publication date: 11 February 2014

Rajendra Prasad Mohanty and Prince Augustin

This paper traces the historical evolution and growth trajectory of the automotive and farm equipment sector, which is a very significant entity of the Mahindra & Mahindra…

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Abstract

Purpose

This paper traces the historical evolution and growth trajectory of the automotive and farm equipment sector, which is a very significant entity of the Mahindra & Mahindra (M&M) group. The purpose of this paper is to understand and provide a pragmatic framework through which the authors can see what were the internal and external factors and the spirit of the contemporary times that led to the changes in the nature of the group.

Design/methodology/approach

The “Greiner curve” model has been applied to interpret the evolutionary growth of the group and strategic trajectory explaining characteristics in its different phases.

Findings

M&M initially went through its share of learning and grew through pragmatic and, orchestrated entrepreneurial risk. The group made a very successful transition from a proprietorship model to a professionally managed group. It is found that rapid growth has been possible through innovation led collaboration. The group is increasingly organizing its innovation activities around the development of responses to specific challenges.

Research limitations/implications

This study suffers from methodological limitations associated with a stage model that the estimated length of the time the organizations will stay in a phase is not known. It is unclear whether passage through all stages is necessary; or whether, in some circumstances, one or more stages may be omitted, and if variations in sequencing can occur. The data for the initial years was not available in primary form and the paper had to depend entirely on the secondary sources.

Practical implications

Various strategies adopted by the group from time to time have practical implications for Indian economy. The group has faced many challenges, but challenge-led collaboration-driven approach represents a new type of innovation process that contrasts with other methods of business strategies and provides a sharper focus for managerial and technical issues and brings together stakeholders with diverse interests, expertise and perspectives.

Originality/value

This study is a unique attempt in India to trace the evolution of the strategic interventions in the context of a major business group, which is considered to be a symbolic representation of Indian economic history. The paper has got both academic as well as managerial utility.

Details

Journal of Strategy and Management, vol. 7 no. 1
Type: Research Article
ISSN: 1755-425X

Keywords

Book part
Publication date: 1 July 2005

Shaker A. Zahra and Bruce A. Kirchhoff

New ventures contribute to the competitiveness of the United States in global markets, creating jobs and wealth. Understandably, public policy makers and researchers alike…

Abstract

New ventures contribute to the competitiveness of the United States in global markets, creating jobs and wealth. Understandably, public policy makers and researchers alike have shown an interest in understanding the factors that spur these ventures’ growth, which is also an important research issue in the field of entrepreneurship. Researchers have highlighted the role of owners’ needs and aspirations and industry conditions as determinants of new ventures’ growth. This study proposes that new ventures’ resource endowments influence their growth in domestic and international markets. Using the resource-based view (RBV) of the firm, the study examines the effect of select technological resources on the domestic and international sales growth of 419 new ventures. Start-ups (5 years or younger) benefit from using a different set of technological resources in achieving growth than those of adolescent firms (6–8 years old). These differences persist in low vs. high technology industries, reflecting the maturation of these ventures.

Details

Entrepreneurship
Type: Book
ISBN: 978-0-76231-191-0

Article
Publication date: 4 January 2016

Steven Tam and David E Gray

The purpose of this study is to relate the practice of organisational learning in small- and medium-sized enterprises (SMEs) to the organisational life cycle (OLC)…

6322

Abstract

Purpose

The purpose of this study is to relate the practice of organisational learning in small- and medium-sized enterprises (SMEs) to the organisational life cycle (OLC), contextualising the differential aspects of an integrated relationship between them.

Design/methodology/approach

It is a mixed-method study with two consecutive phases. In Phase I, 30 Hong Kong SMEs identified through theoretical sampling were classified into three life-cycle stages – inception, high growth and maturity. In Phase II, their employees’ learning practices (grouped by learning levels) were statistically compared using the analysis of variance and then followed up for confirmation with qualitative semi-structured interviews.

Findings

This study uniquely suggests the nature of a relationship between SME organisational learning and the OLC. Empirical results show that three of the four learning levels (individual, group, organisational and inter-organisational) practised in SMEs are varied in importance between life-cycle stages.

Research limitations/implications

Comparative studies are encouraged in other parts of the world to strengthen the findings – with either SMEs or large organisations.

Practical implications

The study informs SME owner/managers about what is important for employee learning at different business stages so that appropriate learning strategies or human resource development policies can be formulated in a timely fashion to promote competitiveness.

Originality/value

It is among the first studies to connect SME learning with organisational growth. The relationships found serve as a sound foundation for further empirical investigations.

Details

European Journal of Training and Development, vol. 40 no. 1
Type: Research Article
ISSN: 2046-9012

Keywords

Article
Publication date: 15 January 2021

Duncan Light, Steven Richards and Preslava Ivanova

The concept of “Gothic tourism” has recently been proposed within the discipline of English Literature. Such tourism is claimed to be a distinct form of special interest…

Abstract

Purpose

The concept of “Gothic tourism” has recently been proposed within the discipline of English Literature. Such tourism is claimed to be a distinct form of special interest tourism grounded in familiarity with the Gothic, distinctive aesthetics, and experiences of frights and scares. It is increasingly common in towns and cities around the world. This paper aims to examine and critique the concept of Gothic tourism, and consider its similarities with existing forms of urban tourism.

Design/methodology/approach

This is a conceptual paper and no empirical data are presented.

Findings

Gothic tourism is not as clearly differentiated from other forms of tourism as has been claimed. In particular, Gothic tourism can be conceptualised as a particular form of “lighter” dark tourism, but it can also be considered as a form of literary tourism. A conceptual model is presented which places Gothic tourism at the nexus of dark and literary tourism.

Research limitations/implications

This study is a conceptual exploration of Gothic tourism. Further empirical research is required to test the ideas presented in this paper at established Gothic tourism attractions.

Originality/value

This study examines the recently proposed (but little-researched) concept of Gothic tourism and considers its relationships with other forms of special interest tourism. It also illustrates the broader issue of how typologies of special interest tourism do not necessarily correspond with the motives and experiences of tourists themselves, or of the providers of tourist experiences.

Details

International Journal of Tourism Cities, vol. 7 no. 1
Type: Research Article
ISSN: 2056-5607

Keywords

Article
Publication date: 1 April 1991

Paul N. Finlay and Steven B. Tyler

Describes the means by which the performance of propertyinvestments can be measured and analysed. Reports on the results of aquestionnaire survey looking into the practice…

Abstract

Describes the means by which the performance of property investments can be measured and analysed. Reports on the results of a questionnaire survey looking into the practice of UK independent property portfolio managers. Suggests that a survey of financial institutions, namely insurance companies and pension funds, would reveal more about the objectives of performance measurement.

Details

Journal of Property Valuation and Investment, vol. 9 no. 4
Type: Research Article
ISSN: 0960-2712

Keywords

Article
Publication date: 5 April 2011

Steven A. Blackwell, David K. Baugh, Melissa A. Montgomery, Gary M. Ciborowski and Jesse M. Levy

The purpose of this paper is to identify the probability of the occurrence of an analgesic medication injury when controlling for potential risk factors, as well as gain a…

Abstract

Purpose

The purpose of this paper is to identify the probability of the occurrence of an analgesic medication injury when controlling for potential risk factors, as well as gain a better understanding of which risk factors appear more problematic.

Design/methodology/approach

Cross‐sectional retrospective review of 2004 Centers for Medicare and Medicaid Service Medicaid Pharmacy claims data. Logistic regression analysis performed to examine the risk of injury‐related emergency room (ER) visits following the use of analgesics controlling for potential risk factors.

Findings

Methadone, an agent to treat severe pain, and propoxyphene, an agent to treat non‐severe pain, are problematic opioids in the elderly. White origin, male gender, and increased disease burden are potential risk factors influencing injury‐related ER visits for elderly analgesic recipients. Increased age in the elderly is a potential risk factor for severe pain analgesics; decreased age for non‐severe pain analgesics.

Research limitations/implications

The study uses administrative data which, by its nature, makes conducting outcomes research on inappropriate medication use problematic. A number of confounders are present.

Practical implications

Appropriate drug therapy in an elderly patient is complicated by age‐related changes in pharmacokinetics as well as chronic disorders that affect drug response. Knowing of additional risk factors that may place the patient at greater odds of having an adverse outcome should improve prescribing practices.

Originality/value

The findings add to the literature by identifying problematic risk factors associated with injury among elderly recipients of analgesics.

Details

International Journal of Pharmaceutical and Healthcare Marketing, vol. 5 no. 1
Type: Research Article
ISSN: 1750-6123

Keywords

Article
Publication date: 4 October 2021

Joanne Pérodin, Zelalem Adefris, Mayra Cruz, Nahomi Matos Rondon, Leonie Hermantin, Guadalupe De la Cruz, Nazife Emel Ganapati and Sukumar Ganapati

This paper aims to call for change in disaster research through a metis-based approach that values practical skills and knowledge (vs technical knowledge) derived from…

Abstract

Purpose

This paper aims to call for change in disaster research through a metis-based approach that values practical skills and knowledge (vs technical knowledge) derived from responding to ongoing changes in the natural and human environment.

Design/methodology/approach

This paper is based on metis from Miami-Dade County that is prone to an array of climate-related disasters. Metis is supplemented by a review of secondary sources (e.g. newspaper articles, government reports).

Findings

There is a need to reconceptualize disaster phases in disaster research—preparedness, response, recovery and mitigation. For many members of marginalized communities of color, this paper depicts preparedness and mitigation as luxuries and response as a time of worry about financial obligations and survival after the disaster. It suggests that even communities that are not on a hurricane's path could have post-disaster experiences. It also highlights ongoing risks to marginalized communities' physical and mental well-being that are in addition to the mental health impacts of the disaster during the recovery phase.

Originality/value

This paper's originality is twofold: (1) underlining the importance of metis, a less studied and understood concept in disaster risk reduction, prevention and management literature and (2) questioning disaster researchers' technical knowledge with respect to each of the four disaster phases in light of metis.

Details

Disaster Prevention and Management: An International Journal, vol. 31 no. 3
Type: Research Article
ISSN: 0965-3562

Keywords

Article
Publication date: 1 June 1989

Steven Miller

Companies are ignoring a wealth of untapped marketing gold embedded in their internal customer files. If this information can be extracted from a database, it could become…

Abstract

Companies are ignoring a wealth of untapped marketing gold embedded in their internal customer files. If this information can be extracted from a database, it could become a key source of sales leads.

Details

Journal of Business Strategy, vol. 10 no. 6
Type: Research Article
ISSN: 0275-6668

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