WorldWideScience

Sample records for means managerial decisions

  1. Time series modelling of global mean temperature for managerial decision-making.

    Science.gov (United States)

    Romilly, Peter

    2005-07-01

    Climate change has important implications for business and economic activity. Effective management of climate change impacts will depend on the availability of accurate and cost-effective forecasts. This paper uses univariate time series techniques to model the properties of a global mean temperature dataset in order to develop a parsimonious forecasting model for managerial decision-making over the short-term horizon. Although the model is estimated on global temperature data, the methodology could also be applied to temperature data at more localised levels. The statistical techniques include seasonal and non-seasonal unit root testing with and without structural breaks, as well as ARIMA and GARCH modelling. A forecasting evaluation shows that the chosen model performs well against rival models. The estimation results confirm the findings of a number of previous studies, namely that global mean temperatures increased significantly throughout the 20th century. The use of GARCH modelling also shows the presence of volatility clustering in the temperature data, and a positive association between volatility and global mean temperature.

  2. Managerial Decision Making in Traffic

    Directory of Open Access Journals (Sweden)

    Teodor Perić

    2003-11-01

    Full Text Available Decision-making is defined as a selection of a certain actionamong several alternatives. It is the essence of planning, asin the managerial sense there is no plan until a decision of engagementof resources, reputation and direction of activities ismade. Decision-making is, in fact, only a step in planning, evenwhen it is performed quickly and without special consideration.It is what we all experience every day. It is one of the most fascinatingbiological activities and the subject of frightening implicationsfor the whole human race. Since various techniques improvethe system and the quality of managerial decision-making,they are classified into three assumptions: risk analysis, decision-making trees, and the theory of revealed preference. Allof these are based on the interaction of a certain number of importantvariables out of which many contain the elements ofuncertainty, but maybe also high level of probability.

  3. Option Strike Price and Managerial Investment Decisions

    Institute of Scientific and Technical Information of China (English)

    刘鸿雁; 张维

    2003-01-01

    The manager′s investment decisions is modeled when the manager is risk-averse and has stock options as compensation. It is found that the strike price of options is crucial to the investment incentives of managers, and that the correct value, or interval of values, of managerial stock option strike price can bring stockholder and manager interests in agreement.

  4. INCOME TAXATION VERSUS MANAGERIAL DECISIONS

    OpenAIRE

    Tomasz Wo³owiec; Tomasz Skica; Anna Nedyalkova

    2014-01-01

    Taking rational decisions in a company, both current and strategic, requires knowing and taking into consideration the external conditions of the conducted activity. The accuracy of decisions made, as well as the ability to adjust to a changing external environment determines not only the effectiveness of the enterprise’s operations, but also its ability to conduct further activity. The paper aims at demonstrating the influence of income tax on the activity of economic entities and also on th...

  5. INCOME TAXATION VERSUS MANAGERIAL DECISIONS

    Directory of Open Access Journals (Sweden)

    Tomasz Wołowiec

    2015-05-01

    Full Text Available Taking rational decisions in a company, both current and strategic, requires knowing and taking into consideration the external conditions of the conducted activity. The accuracy of decisions made, as well as the ability to adjust to a changing external environment determines not only the effectiveness of the enterprise’s operations, but also its ability to conduct further activity. The paper aims at demonstrating the influence of income tax on the activity of economic entities and also on the decisions taken by management. The article is composed of three complementary sections. The first one – the introduction – is an attempt at outlining the subject framework for the article and demonstrating potential areas in which the tax system affects the economy and the associated consequences. The second part provides an empirical analysis presenting possible variants (simulations of declaring income and related management decisions taken in various time horizons and boundary conditions, reflecting the criteria of a resident. The third part of the paper comprises conclusions based on the results of conducted simulations, related to the influence of the income tax construction on financial decisions taken by enterprises and related consequences.

  6. Senegalese Entrepreneurs in the USA and Managerial Decision ...

    African Journals Online (AJOL)

    sulaiman.adebowale

    2007-12-26

    Dec 26, 2007 ... and Managerial Decision making: A pilot study ... informal accounts by Senegalese themselves suggest a population reaching at least 4,000 .... unrestricted capacity to consider any information that may provide a better.

  7. Managerial Decision Making in Geopolitically Turbulent Environments

    OpenAIRE

    Gawlik, Remigiusz

    2010-01-01

    The presented paper is a presentation of final results of research led throughout past years on a group of Polish and international SME’s. The essential aim was the elaboration of a decision – making model including both qualitative and quantitative factors that influence decision – making processes. Most focus has been put on geopolitical determinants of international companies’ development. In order to narrow the research field, a further limitation has been made in the type of undertaken s...

  8. FINANCIAL INDICATORS IN MANAGERIAL DECISION-MAKING

    Directory of Open Access Journals (Sweden)

    Fenyves Veronika

    2014-07-01

    Full Text Available Working capital is crucial to determine the short-term financial position of a given company. Significant changes in working capital provide important information to the stakeholders. Working capital analysis is one of the methods of credit rating and it can also help to better understand the business cycle of a given company. One of the key elements of working capital management is liquidity management, that is, to maintain a company’s ability to pay continuously, because in the short-term, it ensures the company to stay afloat, and justifies its progress on the long-term. Decision makers are in need of such indicators and interrelations that can help precisely assessing the real situation and recognise problems of funding in time. Achieving this goal is a very complex task because the use of several indicators and perspectives are necessary to measure liquidity. For this, companies have to develop management and organizational structures that provide an adequate framework to measure and follow up liquidity. To facilitate this, the study draws attention to interrelations that anticipate the actual liquidity position of a company more precisely. Generally, liquidity indicators are being used to measure a company’s ability to pay, but those do not sufficiently take into account for how long different components are tied up during the operation. Adjusted liquidity indicators can be calculated to solve these problems as these include the time an asset is in the operating cycle in the case of current assets and short-term liabilities. At the same time, these days the continuous monitoring and analysis of operational data has become essential, too. The database which has been created as a result of the annual financial statement reporting obligation that was introduced by the Act C in 2000 can be used to analyse company data on a yearly basis. However, in case we would like to examine the changes of these indicators continuously during the

  9. Informative-syntanalitical support system of managerial decision-making

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    O.M. Kostenko

    2017-12-01

    Full Text Available The article discusses the theoretical and methodological positions in the formation of info-syntanalitical management providing service. The author determines the directions in the improvement of the info-accounting formalization within the social phenomena and processes due to using there the info-syntanalitical identification. The management process, which is essentially the exchange of information between the management object and the management system, is examined. It is proved the necessity of the information, which should be objective, reliable, understandable, completed and useful for making or amending managerial decisions. The information sources used for decision-making are explored. It is determined that they serve as statistical observation, accounting and various off-classified data that characterize market and climatic conditions, regulatory environment, political stability, investment climate, etc. It is argued that the basis of the service activity is the staff, methods and conditions of service, while the effectiveness of the service depends on the correct management activity, which is provided by informative needs at different levels carried out with the help of information-syntactical service. The necessity of research was emphasized as the triad consisting of information, analytics and service, the task of which is to use existing information, to identify the reasons of process (situation undesirable development and to synthesize the results of the analytical assessment, to determine the reasonable directions of solving problem and in the most appropriate form to convey the possible options of managerial decisions to users, i.e. to create a high-quality service. It is generalized that the essence of the info-syntalitical service is expressed through the improvement of management efficiency by the improving display of in-depth reflection and reasonable prediction of the developing management object, as well as increasing the

  10. Giving meaning to sport involvement in managerial work

    NARCIS (Netherlands)

    Knoppers, A.E.|info:eu-repo/dai/nl/151627576

    2009-01-01

    I use a discursive analytical approach to explore ways in which senior managerial men working in nonprofit organizations understand the contribution, if any, of their own sport history to their work skills, how this may vary by organizational contexts and how the subtexts of these discourses may

  11. R&D tax incentives for innovation and managerial decisions

    Directory of Open Access Journals (Sweden)

    Monika Walicka

    2016-09-01

    Full Text Available In many countries tax incentives are a popular means of realizing political, economic and social objectives. The main motive of their application is often to achieve and accelerate the selected activities in the public interest and also stimulate development of industry, and induce growth in research and investment. The key element that helps a company achieve a competitive advantage is innovation. Global competition forces the production of unique products and services. Tax incentives in science, research and development are important in stimulating innovation. The purpose of this article is to show the level of managerial awareness about R&D tax incentives, the level of R&D tax incentive usage by companies in Poland, and main obstacles that managers meet with R&D tax incentives in practice. We explore R&D tax incentives as a government instrument on R&D management and aim to find the reasons why Polish companies do not take advantage of them. We examine 275 companies using a semi-structured questi onnaire. Our findings suggest that many firms report lack of knowledge about such incentives, and firms find many obstacles to reach all of the requirements which are necessary to use the incentive. Due to our analysis we find that large firms, especially those that implement innovation, are more likely to use the tax incentives, but small and medium sized companies find more obstacle. The effect of this tax policy is significant mainly in large, high-tech sector firms.

  12. The Influnce of Metacognition on Managerial Hiring Decision Making: Implications for Management Development

    OpenAIRE

    Kumar, Angela Ewell

    1998-01-01

    THE INFLUENCE OF METACOGNITION ON MANAGERIAL HIRING DECISION MAKING: IMPLICATIONS FOR MANAGEMENT DEVELOPMENT by Angela Ewell Kumar (ABSTRACT) Cognitive processing has a primary role in decision making. In addition, metacognition, the regulation and knowledge of cognition, affects decision making in a consistent and predictable way. Novices explain situations in a simple way. Novices are more likely to make inappropriate decisions. Research suggests that train...

  13. Managerial Decision Styles of Deans: A Case Study of a Malaysian Public University

    Directory of Open Access Journals (Sweden)

    Leele Susana Jamian

    2011-12-01

    Full Text Available It is often said that decision making style (DMS is reflective of leadership style. Numerous studies in the area of Management and Leadership indicate that DMS is a key factor that contributes to the success of both managers and their organizational performance. Using the Decision Making Styles Inventory (DMSI developed by Rowe and Boulgarides (1992, this paper examines the managerial DMS ofdeans in one of the Malaysian public universities. The scores derived from the DMS were categorized into four decision styles, namely directive, behavioural, analytical and conceptual. The findings revealed that a majority of the deans adopted at least one very dominant or dominant DMS, i mainly behavioural DMS, along with one or two back-up decision styles. Nevertheless, the overall individual results further revealed that the deans possessed more than one style implying that they have considerable flexibility in their managerial DMS and are able to change their decision styles from one situation to another with little difficulty.

  14. Development and validation of a managerial decision making self-efficacy questionnaire

    Directory of Open Access Journals (Sweden)

    Wim Myburgh

    2015-05-01

    Full Text Available Orientation: Self-efficacy beliefs, given their task-specific nature, are likely to influence managers’ perceived decision-making competence depending on fluctuations in their nature and strength as non-ability contributors. Research purpose: The present research describes the conceptualisation, design and measurement of managerial decision-making self-efficacy. Motivation for the study: The absence of a domain-specific measure of the decision-making self-efficacy of managers was the motivation for the development of the Managerial Decisionmaking Self-efficacy Questionnaire (MDMSEQ. Research approach, design and method: A cross-sectional study was conducted on a nonprobability convenience sample of managers from various organisations in South Africa. Statistical analysis focused on the construct validity and reliability of items through exploratory and confirmatory factor analysis to test the factorial validity of the measure. Main findings: The research offers confirmatory validation of the factorial structure of the MDMSEQ. The results of two studies involving 455 (Study 1, n = 193; Study 2, n = 292 experienced managers evidenced a multidimensional structure and demonstrated respectable subscale internal consistencies. Findings also demonstrated that the MDMSEQ shared little common variance with confidence and problem-solving self-efficacy beliefs. In addition, several model fit indices suggested a reasonable to good model fit for the measurement model. Practical/managerial implications: The findings have implications for practical applications in employment selection and development with regard to managerial decision-making. Absence of the assessment of self-efficacy beliefs may introduce systematic, non-performance related variance into managerial decision-making outcomes in spite of abilities that managers possess. Contribution/value-add: Research on the volition-undermining effect of self-efficacy beliefs has been remarkably prominent

  15. Relevance of a Managerial Decision-Model to Educational Administration.

    Science.gov (United States)

    Lundin, Edward.; Welty, Gordon

    The rational model of classical economic theory assumes that the decision maker has complete information on alternatives and consequences, and that he chooses the alternative that maximizes expected utility. This model does not allow for constraints placed on the decision maker resulting from lack of information, organizational pressures,…

  16. Dismissal: Important criteria in managerial decision-making

    Directory of Open Access Journals (Sweden)

    Fabricio Stocker

    2018-04-01

    Full Text Available Knowledge about dismissal decision-making, particularly concerning the criteria used by managers in choosing who will be dismissed and why, is scarce. Considering the implications of such decisions for organizations and society, in this paper, we identify the seven most frequently used criteria in dismissal decisions and examine their importance for managers. We collected data through a survey among 385 managers and used the rational ranking and the multicriteria Analytic Hierarchy Process (AHP to analyze them. The results show that commitment, performance records, and trust have the greatest impact on the dismissal decision, whereas interpersonal relationship, growth potential, and professional experience are considered secondary criteria. These results contribute to extending our knowledge about dismissal decisions and showing the most relevant criteria in these choices and the relevance assigned to each of the criteria so that greater transparency can be achieved.

  17. MANAGERIAL DECISION IN INNOVATIVE EDUCATION SYSTEMS STATISTICAL SURVEY BASED ON SAMPLE THEORY

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    Gheorghe SĂVOIU

    2012-12-01

    Full Text Available Before formulating the statistical hypotheses and the econometrictesting itself, a breakdown of some of the technical issues is required, which are related to managerial decision in innovative educational systems, the educational managerial phenomenon tested through statistical and mathematical methods, respectively the significant difference in perceiving the current qualities, knowledge, experience, behaviour and desirable health, obtained through a questionnaire applied to a stratified population at the end,in the educational environment, either with educational activities, or with simultaneously managerial and educational activities. The details having to do with research focused on the survey theory, turning into a working tool the questionnaires and statistical data that are processed from those questionnaires, are summarized below.

  18. Teaching versus Living: Managerial Decision Making in the Gray

    Science.gov (United States)

    Soltes, Eugene

    2017-01-01

    Preparing students for the consequential ethical decisions that they will face in their careers is among the most difficult tasks of management education. I describe some of these challenges based on my book "Why They Do It: Inside the Mind of the White-Collar Criminal" and recent work in behavioral ethics. I explore why some decisions…

  19. Heuristics, biases and traps in managerial decision making

    Directory of Open Access Journals (Sweden)

    Peter Gál

    2013-01-01

    Full Text Available The aim of the paper is to demonstrate the impact of heuristics, biases and psychological traps on the decision making. Heuristics are unconscious routines people use to cope with the complexity inherent in most decision situations. They serve as mental shortcuts that help people to simplify and structure the information encountered in the world. These heuristics could be quite useful in some situations, while in others they can lead to severe and systematic errors, based on significant deviations from the fundamental principles of statistics, probability and sound judgment. This paper focuses on illustrating the existence of the anchoring, availability, and representativeness heuristics, originally described by Tversky & Kahneman in the early 1970’s. The anchoring heuristic is a tendency to focus on the initial information, estimate or perception (even random or irrelevant number as a starting point. People tend to give disproportionate weight to the initial information they receive. The availability heuristic explains why highly imaginable or vivid information have a disproportionate effect on people’s decisions. The representativeness heuristic causes that people rely on highly specific scenarios, ignore base rates, draw conclusions based on small samples and neglect scope. Mentioned phenomena are illustrated and supported by evidence based on the statistical analysis of the results of a questionnaire.

  20. Investment sensitivity and managerial decision making behaviour of Indian firms

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    Pankaj Kumar Gupta

    2013-01-01

    Full Text Available Contemporary models of the financial theory support the proposition that the stock prices should be fundamentally a reflection of the discounted value of earnings. Accordingly the investors and analysts should base their expectations on the expected future cash flows that are logically correlated or have a carry over effect vis-ŕ-vis present stream of cash flows. This logically implies that the managers would have an incentive to manipulate investor’s expectation of future cash flows. The zeal to maximize the firm’s value based on market capitalization is expected to have a detrimental effect on the investment decisions leading to sub optimality. Given the imperfect information structure and market pressures, the Indian firms suffer from mispricing and as such the conventional robust theoretical models of agency conflicts cannot be refuted. This motivates us to examine the interrelation ship between the concerns for valuation and investment sensitivity. We use a sample statistics of selected listed firms that represent the CNX Nifty Index and test for the dependence of the investment behavior of the firm, on the sensitivity of the firms’ share prices to its current cash flow represented by surprise earings. We use the earnings response coefficient (ERC framework proposed by Ball and Brown (1968 for 11 key industries in India. We find that the surpise in accounting earnings announcements is negatively associated with abnormal stock returns and the investment decisions taken by the firms are negatively sensitive to changes in investment opportunities.

  1. THE FEATURES OF THE PROCESS OF MANAGERIAL DECISION-MAKING IN THE ENTERPRISE

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    E. V. Romanovskaya

    2015-01-01

    Full Text Available The article discusses issues related to the development and acceptance of administrative decisions in the enterprise. The large number of publications in the field of research of the process of managerial decision-making demonstrates its relevance for effective management of the enterprise. The article presents the author's approach to the disclosure of the nature and concepts of the term «management decision», a substantive analysis of the main elements of the theoretical aspect of managerial decision-making. The increased competition associated with market liberalization and globalization of world economy, requires from senior management of an effective control system. The authors revised classification criteria and allocated them accordingly the kinds of management decisions; identifies the main stages of development and adoption of management decisions. The article is devoted to finding new ways of making decisions to improve the efficiency of enterprise management. It is noted that for optimal decision making, it is required to calculate the impact of its implementation on the value of the enterprise as a whole or the size of its economic effect.

  2. An Exploratory Study Investigating How and Why Managers Use Tablets to Support Managerial Decision-Making

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    Meng Xiao

    2017-11-01

    Full Text Available Managers are often mobile and a large proportion of their work is dealing with decisions. Although many managers currently use tablet computers in their work, there is little research on the use of tablets for managerial decision-support. This exploratory study aims to investigate the ways in which managers use tablets to support their decision-making and the reasons why they do so. Using Task-Technology Fit theory, semi-structured interviews were conducted with 20 managers, 17 of whom used tablets for their work-related decision-making. The study reveals managers’ tablet usage patterns in terms of location, tablet applications, decision activities and types. This study has also found that a range of tablet characteristics and decision-task characteristics affect managers’ use of tablets to support decision-making at work. This exploratory study contributes to both academia and industry by providing evidence on the tablet decision-support area, and affording organisations, tablet vendors and tablet application developers informative findings for further improvement in the provision of tablet-based decision support.

  3. Logistical modelling of managerial decisions in social and marketing business systems

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    Oleksandr Velychko

    2017-10-01

    Full Text Available Logistical modelling of business systems within the context of mathematical logistics, logistical management, operational research as well as rationalistic provision of logistics at an enterprise have been considered in the article. The research was carried out on the methodological basis which included the authors’ developments and implied conveying familiar knowledge on new objects within the field of linear programming. Scientific novelty concerns the development of categorical toolkit as well as the existing methodical approaches of rationalistic logistics to managerial decisions. Rational areas of using terms “logistical model” and “model of logistics” in business environment have been determined. The authors’ methodology of constructing logistical models in management of separate social and marketing systems of enterprises according to minimization and maximization criteria is presented. Ways of using modelling at not conventional objects of logistical support for managerial decisions have been suggested in the context of studying the moral psychological climate of staff and complex estimation of socioeconomic measures of staff management improvement. The procedure of logistical optimization in the system of distributing and advertising activity of the enterprise has been developed. Approbation of the developed models has been carried out and possibilities for further model’s complication by output data, variables, and limitations under specific practical conditions have been grounded.

  4. Cognitive requirements of competing neuro-behavioral decision systems: some implications of temporal horizon for managerial behavior in organizations.

    Science.gov (United States)

    Foxall, Gordon R

    2014-01-01

    Interpretation of managerial activity in terms of neuroscience is typically concerned with extreme behaviors such as corporate fraud or reckless investment (Peterson, 2007; Wargo et al., 2010a). This paper is concerned to map out the neurophysiological and cognitive mechanisms at work across the spectrum of managerial behaviors encountered in more day-to-day contexts. It proposes that the competing neuro-behavioral decisions systems (CNBDS) hypothesis (Bickel et al., 2012b) captures well the range of managerial behaviors that can be characterized as hyper- or hypo-activity in either the limbically-based impulsive system or the frontal-cortically based executive system with the corresponding level of activity encountered in the alternative brain region. This pattern of neurophysiological responding also features in the Somatic Marker Hypothesis (Damasio, 1994) and in Reinforcement Sensitivity Theory (RST; Gray and McNaughton, 2000; McNaughton and Corr, 2004), which usefully extend the thesis, for example in the direction of personality. In discussing these theories, the paper has three purposes: to clarify the role of cognitive explanation in neuro-behavioral decision theory, to propose picoeconomics (Ainslie, 1992) as the cognitive component of competing neuro-behavioral decision systems theory and to suggest solutions to the problems of imbalanced neurophysiological activity in managerial behavior. The first is accomplished through discussion of the role of picoeconomics in neuro-behavioral decision theory; the second, by consideration of adaptive-innovative cognitive styles (Kirton, 2003) in the construction of managerial teams, a theme that can now be investigated by a dedicated research program that incorporates psychometric analysis of personality types and cognitive styles involved in managerial decision-making and the underlying neurophysiological bases of such decision-making.

  5. Cognitive requirements of competing neuro-behavioral decision systems: Some implications of temporal horizon for managerial behavior in organizations

    Directory of Open Access Journals (Sweden)

    Gordon Robert Foxall

    2014-04-01

    Full Text Available Interpretation of managerial activity in terms of neuroscience is typically concerned with extreme behaviors such as corporate fraud or reckless investment (Wargo, Baglini & Nelson, 2010a; Peterson, 2007. This paper is concerned to map out the neurophysiological and cognitive mechanisms at work across the spectrum of managerial behaviors encountered in more day-to-day contexts. It proposes that the competing neuro-behavioral decisions systems (CNBDS hypothesis (Bickel, Mueller & Jarmolowicz, 2012 captures well the range of managerial behaviors that can be characterized as hyper- or hypo-activity in either the limbically-based impulsive system or the frontal-cortically based executive system with the corresponding level of activity encountered in the alternative brain region. This pattern of neurophysiological responding also features in the Somatic Marker Hypothesis (Damasio, 1994 and in Reinforcement Sensitivity Theory (Gray & McNaughton, 2000; McNaughton & Corr, 2004, which usefully extend the thesis, for example in the direction of personality. In discussing these theories, the paper has three purposes: to clarify the role of cognitive explanation in neuro-behavioral decision theory, to propose picoeconomics (Ainslie, 1992 as the cognitive component of competing neuro-behavioral decision systems theory and to suggest solutions to the problems of imbalanced neurophysiological activity in managerial behaviour. The first is accomplished through discussion of the role of picoeconomics in neuro-behavioral decision theory; the second, by consideration of adaptive-innovative cognitive styles (Kirton, 2003 in the construction of managerial teams, a theme that can now be investigated by a dedicated research program that incorporates psychometric analysis of personality types and cognitive styles involved in managerial decision-making and the underlying neurophysiological bases of such decision-making.

  6. Judging Managerial Actions as Ethical or Unethical: Decision Bias and Domain Relevant Experience

    Directory of Open Access Journals (Sweden)

    Jeffrey J. Bailey, Ph.D.

    2013-07-01

    Full Text Available This is an empirical study comparing the susceptibility of managers and students to a decision-making bias when making judgments about ethical business practices. The managers and students read through vignettes and made judgments about how ethical they perceived the described business actions to be. Half of the participants (half of the managers and half of the students were exposed to three situations in which the actions being judged were clearly unethical. The other half of each group was exposed to situations in which the actions being judged were clearly ethical. All were exposed to the same fourth situation of a business decision. In this ambiguous situation it was not clear if the business decision being evaluated was ethical or unethical. The decision bias examined here addressed the question of ‘to what extent does exposure to prior unethical (or ethical actions influence one’s evaluation of how ethical a particular business decision is when it is not a clearly right or wrong action. The results demonstrated that students’ ethical judgments about the action in the fourth scenario (the same scenario for everyone differed depending on what they were previously exposed to. Significant assimilation effects were found in the student sample suggesting support for the perceptual readiness models. The managerial sample yielded differences in the opposite direction, one of a contrast effect, but these did not reach statistical significance. Assimilation effects occurred in the sample without domain relevant experience and contrast effects occurred with the experienced sample. Implications are discussed.

  7. Modelling Investment Attractiveness of a Public Joint Stock Company as the Basis of Managerial Decision Making

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    Brukhovetskaya Natalia E.

    2014-01-01

    Full Text Available The article analyses factors of influence upon investment attractiveness of a public joint stock company, which are factors by the sphere of origin. The article identifies the degree and direction of influence of the factors by the sphere of origin upon investment attractiveness of a public joint stock company; factors are divided into two groups, which could be regulated directly by society and which cannot be regulated. It justifies the necessity of modelling investment attractiveness of a public joint stock company under influence of the factors with the aim of managerial decision making of two groups of stakeholders: owners and managers, shareholders and investors. It conducts modelling of investment attractiveness of a public joint stock company using the decision tree method. It develops a decision matrix, on the basis of which the owners, managers, shareholders and investors can make decisions regarding directions of increase of investment attractiveness of a public joint stock company and expediency of initial or further investing into society development.

  8. Integrating resource, social and managerial indicators of quality into carrying capacity decision making

    Science.gov (United States)

    Peter Newman; Robert Manning; Bill Valliere

    2002-01-01

    As use in national parks and related areas continues to rise and visitors and types of activities continue to diversify, we are challenged to balance use and preservation in parks, wilderness and related areas. Faced with these challenges, integrative approaches to defining, monitoring and managing ecological, social and managerial setting attributes is crucial. This...

  9. The Effect of Gender on the Importance of Business Ethics and Managerial Decisions: A Student Perspective

    Science.gov (United States)

    Keith, Nancy K.; Perreault, Heidi R.; Chin, Mary; Keith, Megan

    2009-01-01

    Objective: The study examined male and female business college students' perceptions regarding the need for a match between personal and corporate ethics, whether success in business depends on ethical behavior, and the types of ethical misconduct that warrant the most severe managerial disciplinary actions. Background: The literature contains…

  10. A meaning for transparency in decision processes

    Energy Technology Data Exchange (ETDEWEB)

    Wene, C.O. [Chalmers Univ. of Technology, Goeteborg (Sweden). Energy System Technology; Espejo, R. [Univ. of Lincolnshire and Humberside, Lincoln (United Kingdom). Lincoln School of Management

    1999-12-01

    In this paper we discuss transparency in decision processes. We argue that transparency requires fostering, producing and maintaining distributed dialogues and communications between all those affected by (the stakeholders) and those producing these decisions (the decision makers and the actors/experts). The issues raised in these dialogues will not only refer to questions of technical efficiency, but also to what is right and fair and what is considered to be good in society. Social policies, particularly those of wide social significance, are in one form or another the outcome of multiple meaning creation processes, reflecting their multiple spheres of influence, from the local to the global, from the disciplinary to the multi- and transdisciplinary. Each of these processes requires transparency. This paper is focused on the structural requirements to make these dialogues and communications effective at all levels, taking into account the need for technical explanation, proof of authenticity and legitimacy of actions. Moreover it is concerned with the alignment of these meanings creation processes in order to increase the chances of having not only a distributed but also a coherent overall decision process. Our emphasis is in defining forms of interaction among stakeholders in order to ground the debate of the policy throughout the organisation, beyond senior levels of management. The aim is increasing the demands on those responsible for policy implementation, stretching them so that they offer the best of themselves. We argue that this is the basis for a structural mechanism for transparency. The outcome of this paper is a conceptual framework to study issues of transparency in policy making which is illustrated with reference to nuclear waste management in Sweden.

  11. A meaning for transparency in decision processes

    International Nuclear Information System (INIS)

    Wene, C.O.; Espejo, R.

    1999-01-01

    In this paper we discuss transparency in decision processes. We argue that transparency requires fostering, producing and maintaining distributed dialogues and communications between all those affected by (the stakeholders) and those producing these decisions (the decision makers and the actors/experts). The issues raised in these dialogues will not only refer to questions of technical efficiency, but also to what is right and fair and what is considered to be good in society. Social policies, particularly those of wide social significance, are in one form or another the outcome of multiple meaning creation processes, reflecting their multiple spheres of influence, from the local to the global, from the disciplinary to the multi- and transdisciplinary. Each of these processes requires transparency. This paper is focused on the structural requirements to make these dialogues and communications effective at all levels, taking into account the need for technical explanation, proof of authenticity and legitimacy of actions. Moreover it is concerned with the alignment of these meanings creation processes in order to increase the chances of having not only a distributed but also a coherent overall decision process. Our emphasis is in defining forms of interaction among stakeholders in order to ground the debate of the policy throughout the organisation, beyond senior levels of management. The aim is increasing the demands on those responsible for policy implementation, stretching them so that they offer the best of themselves. We argue that this is the basis for a structural mechanism for transparency. The outcome of this paper is a conceptual framework to study issues of transparency in policy making which is illustrated with reference to nuclear waste management in Sweden

  12. THE MANAGERIAL DECISION IN TOURISM RELATED TO THE TAX INFORMATION AND THE ACCOUNTING REPORTS

    Directory of Open Access Journals (Sweden)

    MARIUS BOIŢĂ

    2014-05-01

    Full Text Available This paper refers to accounting reports, and information provided by the accounting process by which accounting information is produced and disseminated. It emphasizes and underlines the role and importance of accounting reports and information provided by them in the analysis and management decisions in tourism. Management decisions on the quantity, quality and timing of information provision depends on the cost and benefits of accounting information production and dissemination. Development of correct decisions by the users of accounting information depends on the quality and quantity of accounting information provided by the accounting reports.

  13. Systems thinking, complexity and managerial decision-making: an analytical review.

    Science.gov (United States)

    Cramp, D G; Carson, E R

    2009-05-01

    One feature that characterizes the organization and delivery of health care is its inherent complexity. All too often, with so much information and so many activities involved, it is difficult for decision-makers to determine in an objective fashion an appropriate course of action. It would appear that a holistic rather than a reductionist approach would be advantageous. The aim of this paper is to review how formal systems thinking can aid decision-making in complex situations. Consideration is given as to how the use of a number of systems modelling methodologies can help in gaining an understanding of a complex decision situation. This in turn can enhance the possibility of a decision being made in a more rational, explicit and transparent fashion. The arguments and approaches are illustrated using examples taken from the public health arena.

  14. Deciziile amenajistice ca procese ierarhizate [Managerial decisions as hierarchical analytic processes

    Directory of Open Access Journals (Sweden)

    Drăgoi M

    2002-07-01

    Full Text Available The paper deals with a step-wise HAP, applied by a group of decision makers, wherein nobody has a dominant position and it is unlikely to come to terms with respect to either the weights of different objectives or expected utilities of different alternatives. One of HAP outcome, namely the consistency index, is computed for each decision maker, for all other decision makers but that one, and for the whole group. Doing so, the group is able to assess to which extent each decision maker alters the group consistency index and a better consistency index could be achieved if the assessment procedure is being resumed by the most influential decision maker in terms of consistency. A case study is used to demonstrate how the step-wise process succeeds in improving the group's consistency index and how the weights of criteria are being changed during the negotiation process. The main contribution of the new approach is the algorithm presented in the figure of the paper where the condition to stop the process might be either a threshold value for the consistency index, or a given number of iterations per group or per person.

  15. An Empirical Analysis of Incremental Capital Structure Decisions Under Managerial Entrenchment

    NARCIS (Netherlands)

    de Jong, A.; Veld, C.H.

    1998-01-01

    We study incremental capital structure decisions of Dutch companies. From 1977 to 1996 these companies have made 110 issues of public and private seasoned equity and 137 public issues of straight debt. Managers of Dutch companies are entrenched. For this reason a discrepancy exists between

  16. Dynamic Perspectives on Managerial Decision Making : Essays in Honor of Richard F. Hartl

    NARCIS (Netherlands)

    Dawid, H.; Doerner, K.F.; Feichtinger, G.; Kort, Peter; Seidl, C.

    2016-01-01

    This volume collects research papers addressing topical issues in economics and management with a particular focus on dynamic models which allow to analyze and foster the decision making of firms in dynamic complex environments. The scope of the contributions ranges from daily operational challenges

  17. Business model change : Managerial roles and tactics in decision-making

    NARCIS (Netherlands)

    van den Oever, Koen; Martin, Xavier; Baden-Fuller, Charles; Mangematin, Vincent

    2015-01-01

    We study the decision-making process behind business model change, focusing specifically on the tactics managers employ to gain support for such changes. We first argue for the prominent role of middle management in business model change, and second, we revisit the literature on issue selling and

  18. Performance Feedback Utility in a Small Organization: Effects on Organizational Outcomes and Managerial Decision Processes.

    Science.gov (United States)

    Florin-Thuma, Beth C.; Boudreau, John W.

    1987-01-01

    Investigated the frequent but previously untested assertion that utility analysis can improve communication and decision making about human resource management programs by examining a performance feedback intervention in a small fast-food store. Results suggest substantial payoffs from performance feedback, though the store's owner-managers had…

  19. Managers' implicit and explicit risk-attitudes in managerial decision making

    NARCIS (Netherlands)

    Bittner, Jenny; Landwehr, Julia; Hertel, Guido; Binnewies, Carmen; Krumm, Stefan; Holling, Heinz; Kleinmar, Martin

    2013-01-01

    Purpose We examined the contribution of implicit and explicit risk-attitudes to the prediction of risky management decisions. Indirect methods allow for the measurement of implicit attitudes, while self-report is typically used to measure explicit, reflective attitudes. Indirect methods make it

  20. How Feedback Can Improve Managerial Evaluations of Model-based Marketing Decision Support Systems

    NARCIS (Netherlands)

    U. Kayande (Ujwal); A. de Bruyn (Arnoud); G.L. Lilien (Gary); A. Rangaswamy (Arvind); G.H. van Bruggen (Gerrit)

    2006-01-01

    textabstractMarketing managers often provide much poorer evaluations of model-based marketing decision support systems (MDSSs) than are warranted by the objective performance of those systems. We show that a reason for this discrepant evaluation may be that MDSSs are often not designed to help users

  1. Creative Accounting and Managerial Decision on Selected Financial Institutions in Nigeria

    OpenAIRE

    Sunday O. Effiok; Okon E. Eton

    2012-01-01

    The study was conducted to appraise the impact of creative accounting on managementdecisions of selected companies listed in the Nigerian Stock Exchange. With the background,the main objective of the study includes the examination of the extent to which macromanipulationof financial statement affects management decisions; to examine the extent towhich macro-manipulation of financial statement affects share price performance; and todetermine the impact of misreported assets and liabilities as ...

  2. ACTIVITY-BASED COSTING IN THE MANUFACTURING SECTOR: A MANAGERIAL INSTRUMENT FOR DECISION-MAKING

    Directory of Open Access Journals (Sweden)

    Ioana D. BUFAN

    2014-04-01

    Full Text Available The aim of this paper is to emphasize the importance of using the activity-based costing (management system in the manufacturing sector. The utility of the ABC (ABM system concerns decisions taken at a strategic and operational level. In our country, few managers understand the need for such a system and many Romanian companies use only a traditional costing system or don’t use one at all. The paper also includes a case study which is a small example of using the ABC method in a Romanian manufacturing company. The study shows that the ABC/ABM system helps managers to properly manage indirect costs (by activities and understand the profitability of products, distribution channels and customers. Therefore, it offers a powerful instrument for decision-making. Although ABC is a new system of cost calculation that is absolutely necessary, in most cases the ABC method must be implemented in addition to the traditional costing systems, which are essential for the purposes of management accounting.

  3. Topical Interface between Managerial Finance and Managerial Accounting.

    Science.gov (United States)

    Williams, Norman C.; Swanson, G. A.

    1988-01-01

    The authors present a method to examine the interfaces between business courses for redundancy. The method is demonstrated by examining the content in managerial finance and managerial accounting courses. A decision model application of analysis, expert judgment, and synthesis are incorporated in this method. (CH)

  4. Managerial Coaching

    Science.gov (United States)

    Bommelje, Rick

    2015-01-01

    This chapter explores how coaching equips managers and supervisors to be successful in the 21st-century workplace. Coaching has benefited these professionals by providing them with viable tools to enhance the leadership and managerial tools they already possess.

  5. Managerial competences as a strategic element in the decision-making of Real Estate Development

    Directory of Open Access Journals (Sweden)

    Alberto Fecchio

    2012-04-01

    Full Text Available A real estate plan works when is a part of a wider project which regards the society needs in a certain place. To know where to invest and the risk/performance profile, it is necessary to know the profit and loss profile of the building in the future, in addition to building costs. A correct real estate valuation does not exist if upstream a deep knowledge of real estate, financial, statistical, investors’ psychology (science or knowledge cycles, as well as an experience of years do not exist, which allows to acquire sensibility even towards unpredictable events. The dynamic real estate management is the necessary tool to increase the recurring revenue, the capital gain, to improve cash, decrease risks. The real estate manager, consisting in a team with integrated skills, with “on field” experience, with business logical knowledge, with roots on territory, able to share the business risk, with knowledge of public administrations’ procedures and complexity, is able to support the real estate investor in the development procedure. The evolution of the decision process must follow the trend that since 2009 has seen the overcoming of redevelopment projects compared to new building projects, with higher costs and complexity, but more sustainable from the environmental and space rationalization point of view. Redevelopment processes will be framed in complex territorial development projects, with guarantees of transparency of administrative processes and times, in order to attract international funds, that today are prevented to operate due to great uncertainty of the administrative process management in Italy.

  6. Entrepreneurial versus managerial marketing decision making processes in the context of uncertainty from the perspective of the effectuation theory

    OpenAIRE

    Sá, Elisabete Maria Sampaio de

    2014-01-01

    Doctoral thesis in Marketing and strategy Entrepreneurial marketing has been attracting growing interest, although it is a fairly young research subject. Its relevance results, on the one hand, from the evidence that small and entrepreneurial firms’ marketing practices often differ from the generally accepted textbook prescriptions, adapting marketing concepts so as to make them more adjusted to their needs. On the other hand, managerial marketing has been the target of some cr...

  7. Managerial Accounting in Library and Information Science Education.

    Science.gov (United States)

    Hayes, Robert M.

    1983-01-01

    Explores meaning of managerial accounting in libraries and discusses instructional program for students of library and information science based on experience in School of Library and Information Science at University of California, Los Angeles. Management decision making (budgeting, performance evaluation, overhead, resource allocation,…

  8. Managerial coaching: a concept analysis.

    Science.gov (United States)

    Batson, Vicki D; Yoder, Linda H

    2012-07-01

    This article presents a report of a concept analysis of managerial coaching. Managerial coaching has been identified as a means for managers to give support to staff nurses, however, no clear delineation of what behaviours and attributes constitute managerial coaching or differentiate it from other career development relationships is provided in the current nursing literature. The CINAHL, ProQuest, Business Source Complete and PscyhIFNO databases were searched for articles published between 1980-2009 using the keywords coaching, managerial coaching, nurse manager support, nursing leadership, self-efficacy, work environment and empowerment. A hybrid approach was used, incorporating both Walker and Avant's method of concept analysis and King's conceptual system and Theory of Goal Attainment to explore the meaning of managerial coaching. Inclusive years of search ranged from 1980-2009. Managerial coaching is a specific dyadic relationship between the nurse manager and staff nurse intended to improve skills and knowledge as they relate to expected job performance. Antecedents and consequences are categorized at the individual and organizational level. Defining attributes, empirical referents and a model case are presented. The theoretical definition for this concept helps to differentiate it from other types of career development relationships and will give a basis for nurse managers to understand what skills and attributes are necessary to establish an effective managerial coaching relationship with staff nurses. Conceptualization will also assist in developing empirical studies examining managerial coaching behaviours in the work environment. © 2012 Blackwell Publishing Ltd.

  9. THE EVOLUTION OF MANAGERIAL ACCOUNTING

    OpenAIRE

    Delia MANEA

    2012-01-01

    The technological and organizational changes that have occurred in recent years, led to the apparition and then to continuous changes in managerial accounting, requiring the reconsideration of the existing informational system, so that it will contain all the information that managers need in order to make economic decisions. This paper aims to present the most important events that have marked the evolution of managerial accounting from its occurrence until today, and some courses of action ...

  10. Modelling of functional systems of managerial accounting

    Directory of Open Access Journals (Sweden)

    O.V. Fomina

    2017-12-01

    Full Text Available The modern stage of managerial accounting development takes place under the powerful influence of managerial innovations. The article aimed at the development of integrational model of budgeting and the system of balanced indices in the system of managerial accounting that will contribute the increasing of relevance for making managerial decisions by managers of different levels management. As a result of the study the author proposed the highly pragmatical integration model of budgeting and system of the balanced indices in the system of managerial accounting, which is realized by the development of the system of gathering, consolidation, analysis, and interpretation of financial and nonfinancial information, contributes the increasing of relevance for making managerial decisions on the base of coordination and effective and purpose orientation both strategical and operative resources of an enterprise. The effective integrational process of the system components makes it possible to distribute limited resources rationally taking into account prospective purposes and strategic initiatives, to carry

  11. Mean-Variance Optimization in Markov Decision Processes

    OpenAIRE

    Mannor, Shie; Tsitsiklis, John N.

    2011-01-01

    We consider finite horizon Markov decision processes under performance measures that involve both the mean and the variance of the cumulative reward. We show that either randomized or history-based policies can improve performance. We prove that the complexity of computing a policy that maximizes the mean reward under a variance constraint is NP-hard for some cases, and strongly NP-hard for others. We finally offer pseudo-polynomial exact and approximation algorithms.

  12. Managerial Imagination

    Directory of Open Access Journals (Sweden)

    Michael Savvas

    2016-02-01

    Full Text Available This article analyzes the links between imagination and human resource management. The concept imagination has received little scholarly attention within the field of management, despite its potential to inform a number of lines of inquiry. At the present time, much of the research literature on imagination is confined to the visual arts, literature, and education. Human resource (HR professionals could play a part in aligning employees with organizational goals and bring about organizational change if they developed their thinking in a more imaginative way. Developing managerial imagination can help solve the dilemmas and contradictions they face. A diagram is developed, which maps the development of the personnel function and offers four possibilities within a framework. They are biography, personal framing, history, and social structure. The outcome of this analysis provides a development of the personnel function one of which is a globally imaginative HR management. Within such a framework, the concept of “the imaginative performer” is discussed. The implications of combining imagination with management may provide a theoretical and practical way to understanding HR management.

  13. Modelling Financial-Accounting Decisions by Means of OLAP Tools

    Directory of Open Access Journals (Sweden)

    Diana Elena CODREAN

    2011-03-01

    Full Text Available At present, one can say that a company’s good running largely depends on the information quantity and quality it relies on when making decisions. The information needed to underlie decisions and be obtained due to the existence of a high-performing information system which makes it possible for the data to be shown quickly, synthetically and truly, also providing the opportunity for complex analyses and predictions. In such circumstances, computerized accounting systems, too, have grown their complexity by means of data analyzing information solutions such as OLAP and Data Mining which help perform a multidimensional analysis of financial-accounting data, potential frauds can be detected and data hidden information can be revealed, trends for certain indicators can be set up, therefore ensuring useful information to a company’s decision making.

  14. Excluded-Mean-Variance Neural Decision Analyzer for Qualitative Group Decision Making

    Directory of Open Access Journals (Sweden)

    Ki-Young Song

    2012-01-01

    Full Text Available Many qualitative group decisions in professional fields such as law, engineering, economics, psychology, and medicine that appear to be crisp and certain are in reality shrouded in fuzziness as a result of uncertain environments and the nature of human cognition within which the group decisions are made. In this paper we introduce an innovative approach to group decision making in uncertain situations by using a mean-variance neural approach. The key idea of this proposed approach is to compute the excluded mean of individual evaluations and weight it by applying a variance influence function (VIF; this process of weighting the excluded mean by VIF provides an improved result in the group decision making. In this paper, a case study with the proposed excluded-mean-variance approach is also presented. The results of this case study indicate that this proposed approach can improve the effectiveness of qualitative decision making by providing the decision maker with a new cognitive tool to assist in the reasoning process.

  15. Managerial accounting applications in radiology.

    Science.gov (United States)

    Lexa, Frank James; Mehta, Tushar; Seidmann, Abraham

    2005-03-01

    We review the core issues in managerial accounting for radiologists. We introduce the topic and then explore its application to diagnostic imaging. We define key terms such as fixed cost, variable cost, marginal cost, and marginal revenue and discuss their role in understanding the operational and financial implications for a radiology facility by using a cost-volume-profit model. Our work places particular emphasis on the role of managerial accounting in understanding service costs, as well as how it assists executive decision making.

  16. Using a Common Experience to Teach Introductory Managerial Accounting

    Science.gov (United States)

    King, Gail Hoover; McConnell, Cheryl

    2010-01-01

    Teaching introductory accounting courses can be both challenging and rewarding. In introductory financial and managerial accounting, students struggle with the unfamiliar terminology and concepts. However, managerial accounting offers distinct challenges in that managerial accounting reports used for decision-making are not publically available,…

  17. A managerial modernization model in crisis conditions

    OpenAIRE

    Ion VERBONCU; Ion PURCARU

    2009-01-01

    The improvement of the economic performances of Romanian enterprises facing crisis conditions could be achieved by means of promoting and implementing a range of managerial modernization methods. Among them we mention several factors pertaining to strategic management: redesigning the managerial system, implementing methodological management – with an emphasis on profit center management and other managerial tools which ensure process and organizational flexibility – and professionalizing...

  18. Treating an unhealthy organisational culture: the implications of the Bundaberg Hospital Inquiry for managerial ethical decision making.

    Science.gov (United States)

    Casali, Gian Luca; Day, Gary E

    2010-03-01

    This paper explores the interplay between individual values, espoused organisational values and the values of the organisational culture in practice in light of a recent Royal Commission in Queensland, Australia, which highlighted systematic failures in patient care. The lack of congruence among values at these levels impacts upon the ethical decision making of health managers. The presence of institutional ethics regimes such as the Public Sector Ethics Act 1994 (Qld) and agency codes of conduct are not sufficient to counteract the negative influence of informal codes of practice that undermine espoused organisational values and community standards. The ethical decision-making capacity of health care managers remains at the front line in the battle against unethical and unprofessional practice.

  19. INVOLVEMENT OF MANAGERIAL ACCOUNTING IN ENSURING THE COMAPNY’S COMPETITIVENESS ON THE MARKET

    Directory of Open Access Journals (Sweden)

    ALINA-TEODORA CIUHUREANU

    2012-01-01

    Full Text Available The problem of costs is that they are an extremely complex variable of the company’s management, because of its importance in the management of each business. All managers need accurate and timely information to carry out pricing, planning, operation activities and to take other type of decisions. Managerial accounting is considered as an indispensable system in the accounting activity of the organisation for decision making. Regardless of where they are, managers administrate their field of responsibility, start actions that will lead to effects only by means of resources consumption. But, in order for the effects to be favourable to the organisation, managerial accounting demonstrates its usefulness in establishing what is profitable, in terms of costs as decisive factors for determining prices, this system being implemented through the managerial accounting, as part of the accounting activity performed within the organisation.

  20. Enhancing managerial effectiveness in dietetics.

    Science.gov (United States)

    Hoover, L W

    1983-01-01

    Environmental pressures from such sources as economic conditions, the government, third-party payers, and inter-institutional competition create managerial challenges. Although cost-containment has received considerable attention, long-term cost-effectiveness is probably the significant issue. Dietitians must become more cost-conscious and effective in resource management to attain desired performance outcomes. Some of the skills and characteristics essential to managerial effectiveness are a marketing orientation, systems design skill, quantitative operations management techniques, financial expertise, and leadership. These abilities facilitate decision-making and achievement of long-term cost-effectiveness. Curriculum enhancement and continuing education are two strategies for improving managerial competency in the dietetics profession. In dietetics education, study of management topics should be enhanced to provide more advanced coverage of management theories and quantitative models so that managerial performance can be at a higher level of sophistication and competency. To assure the viability of the dietetics profession, the emphasis on management must be more comprehensive and rigorous.

  1. Remarks on managerial errors and public participation

    International Nuclear Information System (INIS)

    Hilberry, N.

    1978-01-01

    The failure of the Salt Vault project at Lyons was only a managerial error, as were the leaks in the Hanford tanks. Administrative and managerial decision-making needs to be distinguished. Despite claims to special welfare for the public welfare, no segment of the public, such as environmentalist groups, should be permitted to exercise greater (or lesser) political pressure than any other segment. The US NRC Commissioners should be the personification of the public for all operational purposes

  2. A study to determine important barriers in using managerial accounting

    Directory of Open Access Journals (Sweden)

    Rahmatollah Mohammadipour

    2012-09-01

    Full Text Available Managerial accounting plays an important role for making prompt and efficient decisions to reduce troubles in the market. However, there are many circumstances where management team cannot make appropriate, fast and reliable managerial decisions. In this paper, we present a survey in cement industry and look to find out important factors as major barriers of managerial accounting implementation. The proposed model of this paper designs and distributes questionnaire among management teams who work for cement industry in Iran. The results of the survey indicate that lack of familiarity of managers with managerial accounting techniques, existence of unprofessional people in financial and accounting affairs and lack of having globally acceptable standards are major barriers in this industry for implementation of managerial accounting skills. However, our survey does not find any relationship between market turbulence and efficiency and implementation of managerial accounting skills.

  3. A consideration of the functional fixation hypothesis, and the effects of accounting data on managerial decision-making in the United Kingdom Atomic Energy Authority

    International Nuclear Information System (INIS)

    Webb, J.

    1980-01-01

    The study involves the application of the functional fixation hypothesis, developed by psychology researchers, to accounting. In this context one is concerned with the effect of previous experience with accounting reports, which may condition an individual to assign meanings to accounting outputs according to the label used, regardless of the accounting methods employed. The study then proceeds to look at its effects on the aggregate of investors comprising the capital market. The study then concentrates on the effects of fixation on managers in the United Kingdom Atomic Energy Authority. Managers from two establishments, divided into four experimental groups made decisions on two case studies, which differed only in the accounting method used, and which provided sufficient footnote information to allow conversion to the other method. Differences in decisions were measured, the results showing that, to varying degrees, managers were fixated with 'total costs' and that those who had greater experience of using reports for a variety of decisions, over a period of time, tended to be less fixated and more likely to adjust the numbers presented, where appropriate. Resource allocation appeared to be influenced by changes in overhead allocation procedures. Finally the specific implications of the results to management accounting and to accounting in the Authority are considered, and the importance of producing accounting reports which accurately model reality and which are decision-orientated is stressed, as is the need to break down restricting functional barriers. (author)

  4. The relationship between managerial skills and managerial effectiveness in a Managerial simulation game

    OpenAIRE

    Smutný Petr; Procházka Jakub; Vaculík Martin

    2016-01-01

    The study explores the relationship between managerial skills and managerial effectiveness, measuring managerial effectiveness by four different methods. Evaluation of 96 top managers of fictitious companies by a group of 1,746 subordinates took place after three months of intensive cooperation during a managerial simulation game. All respondents were college students. Results show that different managerial effectiveness indicators have different sets of managerial skills predictors: Group pe...

  5. Preconditions of origin, essence and assignment of strategic managerial accounting

    OpenAIRE

    Boiko, I.

    2010-01-01

    The article is devoted to the research of preconditions and necessity of creation strategic managerial accounting in the accounting system of enterprise. There are investigated economic essence and assignment of strategic managerial accounting and substantiated its importance for making strategic decisions on an enterprise.

  6. Two managerial grids in NPP

    International Nuclear Information System (INIS)

    Zhao Hui

    2012-01-01

    Today, the nuclear power corporation (NPC) enjoys the profit of LCEP (the low carbon economic policy). at the same time, they also enduring more and more pressure. For example, the partner competition or the NPP potential occupational risk . The efficient counterplot of risk is the self-ability cultivation. It is essential to research the NPP managerial flow. The nuclear power plant (NPP) unit is a carrier of the NPC enterprise management system, and has taken on a new look 'pull one portion then the whole moving'. The NPP has three systematical characters, the security responsibility center, the man-machine system and the input-output system. The manufacturing system and the enterprise management system are the great constituents of the NPP managerial flows. Means of systems analysis, we can find out the truth of the NPP running interface. In CHINA, there are many operating experiences near 20 years. It indicates that the NPP manufacturing system and the enterprise system are the roots of the nuclear power corporation, the core of the all NPP systems must be based on it. So the ability cultivation is the work core to NPP. It is reliably to ensure the NPP to be up against problems, for instance, the security duty, the costing control and the man-machine system running harmoniously. This paper introduces the NPP managerial flow and the present state of QNPC, also come up with a proposal to refer for the NPC development actions of collective measure, specialization, standardization, fine. (author)

  7. MANAGERIAL AND COST ACCOUNTING PRACTICES - A ROMANIAN OVERVIEW

    Directory of Open Access Journals (Sweden)

    CARDOS ILDIKO REKA

    2011-12-01

    Full Text Available Research theme Globalization and technological changes generates complexity both in the business environment and the accounting systems. Under these conditions managerial accounting needs to learn new practices in order to become an active consultant of management. Objectives: The main objective of this paper is to present how managerial accounting changed over the years in Romania. We intend to present how the managerial accounting system is implemented within Romanian organizations, to report the level of adoption of traditional practices, tools and techniques, to identify to what extent contemporary managerial accounting practices are implemented and used, and finally to identify whether managerial accounting information is useful for business decisions. Prior works: Over the years researchers from all over the world were interested in managerial accounting changes and innovations, in managerial accounting practices, tools and techniques adopted by organizations. On international level the study made by Pavlatos and Paggios (2009 and on national level the study made by Jinga et al (2010 represents the starting point of our study. Both research team conducted a study on managerial accounting practices and the utility of managerial accounting information and found out that managerial accounting information is useful for managers in the decision making process but traditional practices, tools and techniques are used to 'produce' this type of information. Design/methodology : An empirical study was conducted in 2010 within Romanian accounting professionals. A questionnaire was sent to a number of 1871 professionals members of The Body of Expert and Licensed Accountants of Romania regarding managerial accounting practices, tools and techniques adopted and implemented. Data obtained was processed and analyzed with the help of descriptive statistics. Results/findings - Romanian professionals consider that managerial accounting information is useful

  8. Standing up to Managerialism

    Science.gov (United States)

    Rowe, Stephen

    2014-01-01

    "Managerialism" represents a relatively new orientation to college and university administration, one that arises from the coincidence of three distinct features of the contemporary landscape: market rationality, nihilism, and the modern wish for a new beginning. In this article, the author offers simple clarification as to the nature of…

  9. Decentralisation, managerialism and accountability:

    DEFF Research Database (Denmark)

    Robinson, Sarah

    2015-01-01

    on the people inside an Australian state education administration during the time when the organisation was being restructured. It examines how decentralisation, managerialism and accountability result in the loss of professional expertise. This study contributes to the literature on the neo...

  10. Managerial Accounting. Study Guide.

    Science.gov (United States)

    Plachta, Leonard E.

    This self-instructional study guide is part of the materials for a college-level programmed course in managerial accounting. The study guide is intended for use by students in conjuction with a separate textbook, Horngren's "Accounting for Management Control: An Introduction," and a workbook, Curry's "Student Guide to Accounting for Management…

  11. Strategic planning and managerial control

    OpenAIRE

    Mihaela Ghicajanu

    2004-01-01

    In this paper present relationship among strategic planning and managerial control process. For begin I want present few elements about strategic planning and managerial control in order to identify link inter these elements.

  12. Financial Accountant Versus Managerial Accountant in the Hotel Business System

    Directory of Open Access Journals (Sweden)

    Ivana Zubac

    2012-01-01

    Full Text Available From the perspective of financial or managerial accountant, subject of interest in this paper is the relationship of financial and managerial accounting in the hotel business. Being necessary functions within the business system of hotel company, their mutual connection as well as their differences are explained. The management of hotel company makes decisions based on accounting information from both parts of accounting. As support to hotel management in decision-making, financial accountant provides financial information about past events, while managerial accountant provides non-financial information oriented toward future. The example above is just one out of many specific tasks, which are performed by accountants of specific part of hotel accounting system. Without their support, the management could not make correct and timely decisions with certainty. The importance of the roles of financial and managerial accountant is reflected through need for a wide knowledge in the field of accounting in specific business conditions of hotel industry.

  13. Power forward curves: a managerial perspective

    International Nuclear Information System (INIS)

    Nagarajan, Shankar

    1999-01-01

    This chapter concentrates on managerial application of power forward curves, and examines the determinants of electricity prices such as transmission constraints, its inability to be stored in a conventional way, its seasonality and weather dependence, the generation stack, and the swing risk. The electricity forward curve, classical arbitrage, constructing a forward curve, volatilities, and electricity forward curve models such as the jump-diffusion model, the mean-reverting heteroscedastic volatility model, and an econometric model of forward prices are examined. A managerial perspective of the applications of the forward curve is presented covering plant valuation, capital budgeting, performance measurement, product pricing and structuring, asset optimisation, valuation of transmission options, and risk management

  14. MANAGERIAL ACCOUNTING SYSTEM: UTILITY, PRACTICE, MANIPULATION, NORMALIZATION

    Directory of Open Access Journals (Sweden)

    Flavius-Andrei GUINEA

    2017-05-01

    Full Text Available Economic entities accuse current managerial accounting instruments due to their used indicators, their post operativeness, and their lack of necessary adjustments, short-term target, information handling and decisions taken for various reasons, except the efficiency one. In order to manage a more and more complex organization, located in an uncertain environment, managers require a permanent, real-time, information system. There is no longer sufficient the simple retrospective measurement of results, as there should be provided those instruments that support the decision making process throughout the strategic and operational processes. The implementation of a managerial accounting tool will always interact with the human behavioural dimension. In the initial stage, the actors of an organization will initially manifest reactions of difficult acceptance or even rejection. Each of them will adopt that behaviour which ensures the maximization of its own goals, even if these are, or not, convergent with the organizational objectives.

  15. CONCEPTUAL ASPECTS ON MANAGERIAL ACCOUNTING AND ITS INFLUENCE ON MANAGEMENT

    Directory of Open Access Journals (Sweden)

    TIRAU ADRIAN IOAN

    2017-12-01

    Full Text Available Managerial accounting must be defined and analyzed as well as an integrated component in the decisionmaking process. Starting from this premise, we need to clearly highlight the role and objectives of managerial accounting. The importance of managerial accounting is highlighted by the challange that economic entities have to respond, to develop and substantiate optimal decisions and know how to select new initiatives to refocus their own activity. The important role played by managerial accounting and the calculation of costs in the decision-making process outlines the objectives of the research theme, objectives which, in order to be achived suppose the analyse of theoretical aspects existing in the national and international literature regarding to the organization of the management accounting and cost calculation.

  16. Formation of information culture of personality in the process of teaching mathematics within the discipline «managerial methods of decision making»

    Directory of Open Access Journals (Sweden)

    Мария Владимировна Морозова

    2012-09-01

    Full Text Available This article contains structural elements of the methodology for formation of personal information culture in the study of mathematics for the specialty «State and municipal management» (on the subject «Methods of decision-making».

  17. Cultural Impacts in Managerial Accounting

    OpenAIRE

    Flavius Guinea

    2006-01-01

    From the theoretical point of view, it has been stated that there is a considerable probability that some cultural aspects could affect the economic environment and, consequently, the managerial accounting. While this statement has a certain suppositional degree, we will try to test the importance of culture within the managerial accounting. Several empirical approaches underline the existence of a powerful impact of the national culture on the managerial accounting systems. Moreover, it is c...

  18. Managerial Leadership - A Theoretical Approach

    Directory of Open Access Journals (Sweden)

    Felicia Cornelia MACARIE

    2007-06-01

    Full Text Available The paper endeavors to offer an overview of the major theories on leadership and the way in which it influences the management of contemporary organizations. Numerous scholars highlight that there are numerous overlaps between the concepts of management and leadership. This is the reason why the first section of the paper focuses on providing an extensive overview of the literature regarding the meaning of the two aforementioned concepts. The second section addresses more in depth the concept of leadership and managerial leadership and focuses on the ideal profile of the leader. The last section of the paper critically discusses various types of leadership and more specifically modern approaches to the concept and practices of leadership.

  19. Partner Selection in a Virtual Enterprise: A Group Multiattribute Decision Model with Weighted Possibilistic Mean Values

    Directory of Open Access Journals (Sweden)

    Fei Ye

    2013-01-01

    Full Text Available This paper proposes an extended technique for order preference by similarity to ideal solution (TOPSIS for partner selection in a virtual enterprise (VE. The imprecise and fuzzy information of the partner candidate and the risk preferences of decision makers are both considered in the group multiattribute decision-making model. The weighted possibilistic mean values are used to handle triangular fuzzy numbers in the fuzzy environment. A ranking procedure for partner candidates is developed to help decision makers with varying risk preferences select the most suitable partners. Numerical examples are presented to reflect the feasibility and efficiency of the proposed TOPSIS. Results show that the varying risk preferences of decision makers play a significant role in the partner selection process in VE under a fuzzy environment.

  20. Decision Making in Uncertain Rural Scenarios by means of Fuzzy TOPSIS Method

    Directory of Open Access Journals (Sweden)

    Eva Armero

    2011-01-01

    Full Text Available A great deal of uncertain information which is difficult to quantify is taken into account by farmers and experts in the enterprise when making decisions. We are interested in the problems of the implementation of a rabbit-breeding farm. One of the first decisions to be taken refers to the design or type of structure for housing the animals, which is determined by the level of environmental control sought to be maintained in its interior. A farmer was consulted, and his answers were incorporated into the analysis, by means of the fuzzy TOPSIS methodology. The main purpose of this paper is to study the problem by means of the fuzzy TOPSIS method as multicriteria decision making, when the information was given in linguistic terms.

  1. Role of emotional intelligence in managerial effectiveness: An empirical study

    Directory of Open Access Journals (Sweden)

    Md. Sahidur Rahman

    2016-03-01

    Full Text Available Emotional intelligence is very critical to the managerial effectiveness. The present study intends to explore the relationships between emotional intelligence and the three roles such as, interpersonal, informational, and decision of managerial effectiveness. Emotional intelligence is measured by using the Emotional Quotient Index (Rahim et al., 2002 [Rahim, M., Psenicka, C., Polychroniou, P., Zhao, J., Yu, C., Chan, K., Susana, K., Alves, M., Lee, C., Rahman, M.S., Ferdausy, S., & Wyk, R. (2002. A model of emotional intelligence and conflict management strategies: a study in seven countries. International Journal of Organizational Analysis, 10(4, 302-326.] while managerial effectiveness is assessed by using Tsui’s (1984 scale [Tsui, A.S. (1984. A role set analysis of managerial reputation. Organizational Behavior and Human Performance, 34, 64-96.]. Data were collected by distributing self-administered questionnaires among the working MBA students using a convenience sampling technique. Respondents are asked to rate their emotional intelligence and managerial effectiveness scales. Finally 127 usable responses are received and, then, analyzed by using the descriptive statistics, bivariate correlation, and regression analysis. Analysis shows that emotional intelligence was positively related with interpersonal role, informational role, and decision role. The main implication is that emotional intelligence could enhance managerial effectiveness guiding the managers, academics, and professionals. The limitations are the sample size and the sampling technique which might limit the generalizability of the findings. Future directions are also discussed.

  2. Managerial technology transfer

    CERN Document Server

    2012-01-01

    Organisations need to think globally, but act locally - with a full appreciation of the diversity of local cultures. Major global companies must recognise that policies need to be managed with the broad context of business strategy and integrated into the work culture with the support of all elements of human resources management. Most currently, companies are accommodating national cultural differences while preserving work culture principals that encourage people to effectively execute the company's strategic objectives. Even to the casual observer, it is apparent that culture- a society's programming of the mind- has both a pervasive and changing influence on each national business environment. Global managers must recognise the influence of culture and be prepared to either respond to it or change it. This book examines current research in the study of managerial technology transfer.

  3. Availability Control for Means of Transport in Decisive Semi-Markov Models of Exploitation Process

    Science.gov (United States)

    Migawa, Klaudiusz

    2012-12-01

    The issues presented in this research paper refer to problems connected with the control process for exploitation implemented in the complex systems of exploitation for technical objects. The article presents the description of the method concerning the control availability for technical objects (means of transport) on the basis of the mathematical model of the exploitation process with the implementation of the decisive processes by semi-Markov. The presented method means focused on the preparing the decisive for the exploitation process for technical objects (semi-Markov model) and after that specifying the best control strategy (optimal strategy) from among possible decisive variants in accordance with the approved criterion (criteria) of the activity evaluation of the system of exploitation for technical objects. In the presented method specifying the optimal strategy for control availability in the technical objects means a choice of a sequence of control decisions made in individual states of modelled exploitation process for which the function being a criterion of evaluation reaches the extreme value. In order to choose the optimal control strategy the implementation of the genetic algorithm was chosen. The opinions were presented on the example of the exploitation process of the means of transport implemented in the real system of the bus municipal transport. The model of the exploitation process for the means of transports was prepared on the basis of the results implemented in the real transport system. The mathematical model of the exploitation process was built taking into consideration the fact that the model of the process constitutes the homogenous semi-Markov process.

  4. Cultural Impacts in Managerial Accounting

    Directory of Open Access Journals (Sweden)

    Flavius Guinea

    2006-08-01

    Full Text Available From the theoretical point of view, it has been stated that there is a considerable probability that some cultural aspects could affect the economic environment and, consequently, the managerial accounting. While this statement has a certain suppositional degree, we will try to test the importance of culture within the managerial accounting. Several empirical approaches underline the existence of a powerful impact of the national culture on the managerial accounting systems. Moreover, it is clear for everybody that the companies’ strategic objectives are often expressed in numerical terms, but they are chosen according to the culture.

  5. Develop a more reliable means of assessing safety risk due to rock bursts and rock falls as a managerial decision support technique

    CSIR Research Space (South Africa)

    Chichowicz, A

    1997-01-01

    Full Text Available The project was initiated to create techniques for processing falls of ground (FOG) data. Those techniques were tested with data from east rand proprietary mines (ERPM). The first part of this report concerns seismic events that caused falls...

  6. Managerial Attention in International SMEs

    NARCIS (Netherlands)

    Fan, Jiasi

    2017-01-01

    Managerial attention affects organizational strategies and the resulting consequences. In the international business context, it is noted that how much attention managers give to the international marketplace, i.e., international attention, has profound implications for large global companies’

  7. Accounting information and managerial work

    OpenAIRE

    Matthew Hall

    2010-01-01

    Despite calls to link management accounting more closely to management (Jonsson, 1998), much is still to be learned about the role of accounting information in managerial work. This lack of progress stems partly from a failure to incorporate in research efforts the findings regarding the nature of managerial work, as well as inadequate attention devoted to the detailed practices through which accounting information is actually used by managers in their work. In this paper I draw on prior rese...

  8. Some Interval Neutrosophic Linguistic Maclaurin Symmetric Mean Operators and Their Application in Multiple Attribute Decision Making

    Directory of Open Access Journals (Sweden)

    Yushui Geng

    2018-04-01

    Full Text Available There are many practical decision-making problems in people’s lives, but the information given by decision makers (DMs is often unclear and how to describe this information is of critical importance. Therefore, we introduce interval neutrosophic linguistic numbers (INLNs to represent the less clear and uncertain information and give their operational rules and comparison methods. In addition, since the Maclaurin symmetric mean (MSM operator has the special characteristic of capturing the interrelationships among multi-input arguments, we further propose an MSM operator for INLNs (INLMSM. Furthermore, considering the weights of attributes are the important parameters and they can influence the decision results, we also propose a weighted INLMSM (WINLMSM operator. Based on the WINLMSM operator, we develop a multiple attribute decision making (MADM method with INLNs and some examples are used to show the procedure and effectiveness of the proposed method. Compared with the existing methods, the proposed method is more convenient to express the complex and unclear information. At the same time, it is more scientific and flexible in solving the MADM problems by considering the interrelationships among multi-attributes.

  9. Miller Table Company: A Profit Analysis Case Integrating Managerial Accounting, Microeconomics and Marketing

    Science.gov (United States)

    Miller, Louise

    2014-01-01

    This paper describes a unique integrative business case appropriate for use in a managerial accounting course or other business courses related to economics or marketing. The case describes a scenario in which a managerial accountant is assisting in business decisions relating to factors influencing the profitability of a small manufacturing…

  10. ROMANIAN MANAGERIAL APROACHES

    Directory of Open Access Journals (Sweden)

    Rusu Liviu Dumitru

    2015-07-01

    Full Text Available Globalization has deeply turned the macroeconomic environment as well as the behaviour of organizations on the global market. Increasingly fierce competition on this market has contributed to the emergence and crystallization of the euro management which was called upon to respond to this challenge. It is closely related to organizational culture and developed on the basis of the integration of markets and economies which led to the appearance, in the management area, of a methods ’ concentration, management techniques and methodologies specific to the European countries. As a part of the European management, the Romanian management involves the formulation of some specific traits, defining features, detached from its approach both on processes and management functions as well as on the components of the management system. This approach results from the organization's system feature called "management system". The objectives of this work consist in the formulation of some relevant answers to questions like: "Do the Romanian Managers have a certain conception in terms of functions of the management processes?"; "Was there outlined a specific content for each of the five managerial functions?"; "Is the content of the management components /subsystems already patterned?". As a methodology, from the answer to these questions , there will be taken some conclusions on the "Romanian management" from the theoretical-methodological point of view as a first stage and, on the second stage, as a pragmatic approach on the Romanian organizations and generally within the business environment in Romania. As a result, in the end we present the defining elements of the "Romanian management pattern", to the extent that we come to the conclusion that one can speak of such a model and which are the common and distinct traits as against the European management.

  11. Measuring Information Loss in Managerial Decision

    Czech Academy of Sciences Publication Activity Database

    Volf, Petr

    2016-01-01

    Roč. 1, č. 1 (2016), s. 26-32 ISSN 2414-6498 R&D Projects: GA ČR GA13-14445S Institutional support: RVO:67985556 Keywords : stochastic optimization * Gini index * newsvendor problem * information loss Subject RIV: BB - Applied Statistics, Operational Research http://library.utia.cas.cz/separaty/2016/SI/volf-0456860.pdf

  12. Intuitionistic uncertain linguistic partitioned Bonferroni means and their application to multiple attribute decision-making

    Science.gov (United States)

    Liu, Zhengmin; Liu, Peide

    2017-04-01

    The Bonferroni mean (BM) was originally introduced by Bonferroni and generalised by many other researchers due to its capacity to capture the interrelationship between input arguments. Nevertheless, in many situations, interrelationships do not always exist between all of the attributes. Attributes can be partitioned into several different categories and members of intra-partition are interrelated while no interrelationship exists between attributes of different partitions. In this paper, as complements to the existing generalisations of BM, we investigate the partitioned Bonferroni mean (PBM) under intuitionistic uncertain linguistic environments and develop two linguistic aggregation operators: intuitionistic uncertain linguistic partitioned Bonferroni mean (IULPBM) and its weighted form (WIULPBM). Then, motivated by the ideal of geometric mean and PBM, we further present the partitioned geometric Bonferroni mean (PGBM) and develop two linguistic geometric aggregation operators: intuitionistic uncertain linguistic partitioned geometric Bonferroni mean (IULPGBM) and its weighted form (WIULPGBM). Some properties and special cases of these proposed operators are also investigated and discussed in detail. Based on these operators, an approach for multiple attribute decision-making problems with intuitionistic uncertain linguistic information is developed. Finally, a practical example is presented to illustrate the developed approach and comparison analyses are conducted with other representative methods to verify the effectiveness and feasibility of the developed approach.

  13. Risk-Sensitive and Mean Variance Optimality in Markov Decision Processes

    Czech Academy of Sciences Publication Activity Database

    Sladký, Karel

    2013-01-01

    Roč. 7, č. 3 (2013), s. 146-161 ISSN 0572-3043 R&D Projects: GA ČR GAP402/10/0956; GA ČR GAP402/11/0150 Grant - others:AVČR a CONACyT(CZ) 171396 Institutional support: RVO:67985556 Keywords : Discrete-time Markov decision chains * exponential utility functions * certainty equivalent * mean-variance optimality * connections between risk -sensitive and risk -neutral models Subject RIV: BB - Applied Statistics, Operational Research http://library.utia.cas.cz/separaty/2013/E/sladky-0399099.pdf

  14. Performance Management, Managerial Authority, and Public Service Performance

    DEFF Research Database (Denmark)

    Nielsen, Poul Aaes

    2014-01-01

    that managerial authority over human resources positively moderates the effect of performance management, whereas decentralizing goal setting works in the opposite direction. These findings may help account for the differing effects of performance management found in previous studies and suggest that decision...

  15. Intuitionistic Fuzzy Normalized Weighted Bonferroni Mean and Its Application in Multicriteria Decision Making

    Directory of Open Access Journals (Sweden)

    Wei Zhou

    2012-01-01

    Full Text Available The Bonferroni mean (BM was introduced by Bonferroni six decades ago but has been a hot research topic recently since its usefulness of the aggregation techniques. The desirable characteristic of the BM is its capability to capture the interrelationship between input arguments. However, the classical BM and GBM ignore the weight vector of aggregated arguments, the general weighted BM (WBM has not the reducibility, and the revised generalized weighted BM (GWBM cannot reflect the interrelationship between the individual criterion and other criteria. To deal with these issues, in this paper, we propose the normalized weighted Bonferroni mean (NWBM and the generalized normalized weighted Bonferroni mean (GNWBM and study their desirable properties, such as reducibility, idempotency, monotonicity, and boundedness. Furthermore, we investigate the NWBM and GNWBM operators under the intuitionistic fuzzy environment which is more common phenomenon in modern life and develop two new intuitionistic fuzzy aggregation operators based on the NWBM and GNWBM, that is, the intuitionistic fuzzy normalized weighted Bonferroni mean (IFNWBM and the generalized intuitionistic fuzzy normalized weighted Bonferroni mean (GIFNWBM. Finally, based on the GIFNWBM, we propose an approach to multicriteria decision making under the intuitionistic fuzzy environment, and a practical example is provided to illustrate our results.

  16. Risk-sensitivity and the mean-variance trade-off: decision making in sensorimotor control.

    Science.gov (United States)

    Nagengast, Arne J; Braun, Daniel A; Wolpert, Daniel M

    2011-08-07

    Numerous psychophysical studies suggest that the sensorimotor system chooses actions that optimize the average cost associated with a movement. Recently, however, violations of this hypothesis have been reported in line with economic theories of decision-making that not only consider the mean payoff, but are also sensitive to risk, that is the variability of the payoff. Here, we examine the hypothesis that risk-sensitivity in sensorimotor control arises as a mean-variance trade-off in movement costs. We designed a motor task in which participants could choose between a sure motor action that resulted in a fixed amount of effort and a risky motor action that resulted in a variable amount of effort that could be either lower or higher than the fixed effort. By changing the mean effort of the risky action while experimentally fixing its variance, we determined indifference points at which participants chose equiprobably between the sure, fixed amount of effort option and the risky, variable effort option. Depending on whether participants accepted a variable effort with a mean that was higher, lower or equal to the fixed effort, they could be classified as risk-seeking, risk-averse or risk-neutral. Most subjects were risk-sensitive in our task consistent with a mean-variance trade-off in effort, thereby, underlining the importance of risk-sensitivity in computational models of sensorimotor control.

  17. Affective Congruence between Sound and Meaning of Words Facilitates Semantic Decision.

    Science.gov (United States)

    Aryani, Arash; Jacobs, Arthur M

    2018-05-31

    A similarity between the form and meaning of a word (i.e., iconicity) may help language users to more readily access its meaning through direct form-meaning mapping. Previous work has supported this view by providing empirical evidence for this facilitatory effect in sign language, as well as for onomatopoetic words (e.g., cuckoo) and ideophones (e.g., zigzag). Thus, it remains largely unknown whether the beneficial role of iconicity in making semantic decisions can be considered a general feature in spoken language applying also to "ordinary" words in the lexicon. By capitalizing on the affective domain, and in particular arousal, we organized words in two distinctive groups of iconic vs. non-iconic based on the congruence vs. incongruence of their lexical (meaning) and sublexical (sound) arousal. In a two-alternative forced choice task, we asked participants to evaluate the arousal of printed words that were lexically either high or low arousing. In line with our hypothesis, iconic words were evaluated more quickly and more accurately than their non-iconic counterparts. These results indicate a processing advantage for iconic words, suggesting that language users are sensitive to sound-meaning mappings even when words are presented visually and read silently.

  18. Managerial level, managerial motivation and sense of coherence

    Directory of Open Access Journals (Sweden)

    MG Coetzee

    2006-04-01

    Full Text Available The first objective of the study was to assess whether the dimensions of Antonovsky’s Sense of Coherence (SOC scale correlated positively with those of the Managerial Motivation scale (MMQ. The second objective was to establish whether managers and supervisors differed with regard to sense of coherence and managerial motivation. The respondents were 124 employees of the Agricultural Research Council. None of the sense of coherence scales correlated with Attitude towards authority figures (MMQ. Also, Meaningfulness (SOC and Willingness to conduct administrative functions (MMQ did not correlate. However, the remainder of the correlations supported the hypothesis, indicating a strong positive relationship between managerial motivation and sense of coherence. Statistically significant differences between managers and supervisors were obtained for only two variables, namely Meaningfulness (SOC and Power motive (MMQ.

  19. The Relationship Between the Managerial Skills and Results of “Performance Evaluation “Tool Among Nursing Managers in Teaching Hospitals of Iran University of Medical Science

    Science.gov (United States)

    Isfahani, Haleh Mousavi; Aryankhesal, Aidin; Haghani, Hamid

    2015-01-01

    Performance of different organizations, such as hospitals is mainly influenced by their managers’ performance. Nursing managers have an important role in hospital performance and their managerial skills can improve the quality of the services. Hence, the present study was conducted in order to assess the relationship between the managerial skills and the results of their performance evaluation in Teaching Hospitals of Iran University of Medical Science in 2013. The research used the cross sectional method in 2013. It was done by distributing a managerial skills assessment questionnaire, with close-ended questions in 5 choice Likert scale, among 181 managers and head nurses of hospitals of Iran university of Medical Sciences; among which 131 answered the questions. Another data collection tools was a forms to record evaluation marks from the personnel records. We used Pearson and Spearman correlation tests and SPSS for analysis and description (frequency, mean and standard deviation). Results showed that the managerial skills of the nursing mangers were fair (2.57 out of 5) and the results of the performance evaluation were in a good condition (98.44). The mangers’ evaluation results and the managerial skills scores were not in a meaningful correlation (r=0.047 np=0.856). The research showed no correlation between different domains of managerial skills and the performance evaluation marks: decision making skills (r=0.074 and p=0.399), leadership (correlation coefficient 0.028 and p=0.654), motivation (correlation coefficient 0.118 and p=0.163), communication (correlation coefficient 0.116 and p=0.122), systematic thinking (correlation coefficient 0.028 and p=0.828), time management (correlation coefficient 0.077 and p=0.401) and strategic thinking (correlation coefficient 0.041 and p=0.756). Lack of any correlation and relation between managers’ managerial skills and their performance evaluation results shows need to a fundamental revision at managers

  20. MANAGERIAL ACCOUNTING AND ENVIRONMENTAL PERFORMANCE OF BAKERY COMPANIES

    Directory of Open Access Journals (Sweden)

    Marian TAICU

    2012-09-01

    Full Text Available The complexity of the economic life, the economic and financial crisis and the social and environmental problems determine the increase in the role of information provided by managerial accounting in decision-making. The efficient management of any economic unit is based on the existence of a well structured information system, according to managers’ information needs, the main component of such system being accounting. The article aims at clarifying certain aspects concerning the role of managerial accounting in the correct assessment and in managing performance in bakery companies.

  1. Integrating Computer Spreadsheet Modeling into a Microeconomics Curriculum: Principles to Managerial.

    Science.gov (United States)

    Clark, Joy L.; Hegji, Charles E.

    1997-01-01

    Notes that using spreadsheets to teach microeconomics principles enables learning by doing in the exploration of basic concepts. Introduction of increasingly complex topics leads to exploration of theory and managerial decision making. (SK)

  2. Hospital management training and improvement in managerial skills: Serbian experience.

    Science.gov (United States)

    Supic, Zorica Terzic; Bjegovic, Vesna; Marinkovic, Jelena; Milicevic, Milena Santric; Vasic, Vladimir

    2010-06-01

    The purpose of this study was to analyze the improvement of managerial skills of hospitals' top managers after a specific management training programme, and to explore possible predictors and relations. The study was conducted during the years 2006 and 2007 with cohort of 107 managers from 20 Serbian general hospitals. The managers self-assessed the improvement in their managerial skills before and after the training programme. After the training programme, all managers' skills had improved. The biggest improvement was in the following skills: organizing daily activities, motivating and guiding others, supervising the work of others, group discussion, and situation analysis. The least improved were: applying creative techniques, working well with peers, professional self-development, written communication, and operational planning. Identified predictors of improvement were: shorter years of managerial experience, type of manager, type of profession, and recognizing the importance of the managerial skills in oral communication, evidence-based decision making, and supervising the work of others. Specific training programme related to strategic management can increase managerial competencies, which are an important source of competitive advantage for organizations. Copyright (c) 2010 Elsevier Ireland Ltd. All rights reserved.

  3. Coal-Mine Liquidation as a Strategic Managerial Decision: a Decision-Making Model Based on the Options Approach / Likwidacja Kopalni Jako Strategiczna Decyzja Menedżerska: Model Decyzyjny Z Wykorzystaniem Podejścia Opcyjnego

    Science.gov (United States)

    Jewartowski, Tomasz; Mizerka, Jacek; Mróz, Cezary

    2015-09-01

    The aim of this paper is to determine the optimal time of coal mine liquidation given the necessity of bearing the costs of post-mining reclamation. In order to consider the volatility of parameters important for making a liquidation decision and the entrepreneur's flexibility in the decision-making process, the real options approach was applied. Mine liquidation, which is inextricably linked to post-mining reclamation, is examined as an American put option on the market value of continuing the mine's operation which plays the role of the underlying asset. In turn, the role of the exercise price is played by expenditures for mine liquidation and post-mining reclamation, which can be avoided if the decision to close the mine is taken before all the deposits are exhausted. The liquidation option is exercised when the value of liquidation and reclamation cost savings significantly exceeds the continuation value. Mine liquidation was additionally made conditional on the value of funds accumulated to finance post-mining reclamation. Artykuł dotyczy ustalenia optymalnego momentu likwidacji kopalni w związku z koniecznością ponoszenia kosztów rekultywacji gruntów pokopalnianych. W celu uwzględnienia zmienności wartości parametrów istotnych dla podjęcia decyzji o likwidacji oraz elastyczności w podejmowaniu decyzji przez przedsiębiorcę, wykorzystano podejście opcyjne. Likwidację kopalni, która jest nierozłącznie związana z rekultywacją terenów pokopalnianych, rozpatruje się jako amerykańską opcję sprzedaży (put) wystawioną na rynkową wartość kontynuacji działalności kopalni pełniącą rolę instrumentu bazowego. Z kolei rolę ceny wykonania odgrywają nakłady na likwidację kopalni i rekultywację terenów pokopalnianych, poniesienia których można uniknąć, gdy decyzja o wstrzymaniu eksploatacji zapadnie przed wyczerpaniem się złoża. Opcja likwidacji jest wykonywana, gdy kwota nakładów na likwidację i rekultywację znacz

  4. Police, managerialization and presentational strategies

    NARCIS (Netherlands)

    Terpstra, J.; Trommel, W.A.

    2009-01-01

    Purpose - The managerialization of the police may be seen as an effort to restore the legitimacy of the police. This paper aims to show that the managerialist strategy presently occurring within police forces creates new pitfalls and unintended consequences. Design/methodology/approach - The paper

  5. Managerial Accounting. Course Administrative Manual.

    Science.gov (United States)

    Central Michigan Univ., Mount Pleasant. Inst. for Personal and Career Development.

    This manual is part of the materials for a college-level programmed course in managerial accounting and intended to aid instructors in helping students to work their way through the self-instructional study guide around which the course is organized. The manual describes the various materials and components used in the self-instructional sequence…

  6. Valence and Efficacy: The Affective Meanings of Human Values and their Relationship to Moral Decisions

    Directory of Open Access Journals (Sweden)

    Walter Renner

    2015-07-01

    Full Text Available Human values and value based judgments are not only based on rationality but are highly emotional by their nature. Like other emotional concepts, human values can not only be rated by their desirability or subjective evaluation, but also by their perceived power, effectiveness, or activity. This aspect has been omitted in previous research. We therefore employed the Semantic Differential to examine the factorial structure of the affective meanings of 15 German-language value terms. The demographically heterogeneous sample comprised N = 274 (N = 136 female; mean age 39.14 years, s = 18.35, range 16...88 years Austrian and German respondents. In line with our expectations we found two affective dimensions, Valence and Efficacy, which predicted central aspects of value related moral or ethical judgments. We conclude that the previously neglected dimension of Efficacy should be considered in future research on human values. Possible implications for studying consumer decisions or political voting as well as ethical aspects are discussed.

  7. Do Short-Term Managerial Objectives Lead to Under- or Over-Investment in Long-Term Projects

    OpenAIRE

    Lucian Arye Bebchuk; Lars A. Stole

    1994-01-01

    This paper studies managerial decisions about investment in long-run projects in the presence of imperfect information (the market knows less about such investments than the firm's managers) and short-term managerial objectives (the managers are concerned about the short-term stock price as well as the long-term stock price). Prior work has suggested that imperfect information and short-term managerial objectives induce managers to underinvest in long-run projects. We show that either underin...

  8. Multiple Attribute Group Decision-Making Methods Based on Trapezoidal Fuzzy Two-Dimensional Linguistic Partitioned Bonferroni Mean Aggregation Operators.

    Science.gov (United States)

    Yin, Kedong; Yang, Benshuo; Li, Xuemei

    2018-01-24

    In this paper, we investigate multiple attribute group decision making (MAGDM) problems where decision makers represent their evaluation of alternatives by trapezoidal fuzzy two-dimensional uncertain linguistic variable. To begin with, we introduce the definition, properties, expectation, operational laws of trapezoidal fuzzy two-dimensional linguistic information. Then, to improve the accuracy of decision making in some case where there are a sort of interrelationship among the attributes, we analyze partition Bonferroni mean (PBM) operator in trapezoidal fuzzy two-dimensional variable environment and develop two operators: trapezoidal fuzzy two-dimensional linguistic partitioned Bonferroni mean (TF2DLPBM) aggregation operator and trapezoidal fuzzy two-dimensional linguistic weighted partitioned Bonferroni mean (TF2DLWPBM) aggregation operator. Furthermore, we develop a novel method to solve MAGDM problems based on TF2DLWPBM aggregation operator. Finally, a practical example is presented to illustrate the effectiveness of this method and analyses the impact of different parameters on the results of decision-making.

  9. The importance of managerial accounting in managerial accounting system

    OpenAIRE

    Dragan Cristian

    2014-01-01

    In order to determine the role of Managerial Accounting in a company’s information system we must start with a systematic approach. According to systematic approach, this system is a structure that produces: - transformation; - self-adjusting; - synergy (the principle of totality). Therefore, considering the above, the total is higher than the sum of the component parts, when we are referring to plus- value creation.

  10. Meaning

    Science.gov (United States)

    Harteveld, Casper

    The second world to be considered concerns Meaning. In contrast to Reality and Play, this world relates to the people, disciplines, and domains that are focused on creating a certain value. For example, if this value is about providing students knowledge about physics, it involves teachers, the learning sciences, and the domains education and physics. This level goes into the aspects and criteria that designers need to take into account from this perspective. The first aspect seems obvious when we talk of “games with a serious purpose.” They have a purpose and this needs to be elaborated on, for example in terms of what “learning objectives” it attempts to achieve. The subsequent aspect is not about what is being pursued but how. To attain a value, designers have to think about a strategy that they employ. In my case this concerned looking at the learning paradigms that have come into existence in the past century and see what they have to tell us about learning. This way, their principles can be translated into a game environment. This translation involves making the strategy concrete. Or, in other words, operationalizing the plan. This is the third aspect. In this level, I will further specifically explain how I derived requirements from each of the learning paradigms, like reflection and exploration, and how they can possibly be related to games. The fourth and final aspect is the context in which the game is going to be used. It matters who uses the game and when, where, and how the game is going to be used. When designers have looked at these aspects, they have developed a “value proposal” and the worth of it may be judged by criteria, like motivation, relevance, and transfer. But before I get to this, I first go into how we human beings are meaning creators and what role assumptions, knowledge, and ambiguity have in this. I will illustrate this with some silly jokes about doctors and Mickey Mouse, and with an illusion.

  11. Surgical center: challenges and strategies for nurses in managerial activities.

    Science.gov (United States)

    Martins, Fabiana Zerbieri; Dall'Agnoll, Clarice Maria

    2017-02-23

    Analyze the challenges and strategies of nurses performing managerial activities in a surgical center. Exploratory, descriptive study with a qualitative approach, involving six nurses by means of the Focus Group Technique, between April and August 2013. Data were submitted to thematic content analysis. The main challenges noted were deficiency of material resources, communication noise, adequacy of personnel downsizing, and relationships with the multidisciplinary team. Key strategies include construction of co-management spaces to promote integration among professionals, conflict resolution and exchange of knowledge. Managerial activities involve the promotion of dialogic moments to coordinate the different processes in the surgical center to provide inputs to expand safety and quality of services provided.

  12. Pythagorean Fuzzy Muirhead Mean Operators and Their Application in Multiple-Criteria Group Decision-Making

    Directory of Open Access Journals (Sweden)

    Jianghong Zhu

    2018-06-01

    Full Text Available As a generalization of the intuitionistic fuzzy set (IFS, a Pythagorean fuzzy set has more flexibility than IFS in expressing uncertainty and fuzziness in the process of multiple criteria group decision-making (MCGDM. Meanwhile, the prominent advantage of the Muirhead mean (MM operator is that it can reflect the relationships among the various input arguments through changing a parameter vector. Motivated by these primary characters, in this study, we introduced the MM operator into the Pythagorean fuzzy context to expand its applied fields. To do so, we presented the Pythagorean fuzzy MM (PFMM operators and Pythagorean fuzzy dual MM (PFDMM operator to fuse the Pythagorean fuzzy information. Then, we investigated their some properties and gave some special cases related to the parameter vector. In addition, based on the developed operators, two MCGDM methods under the Pythagorean fuzzy environment are proposed. An example is given to verify the validity and feasibility of our proposed methods, and a comparative analysis is provided to show their advantages.

  13. Culture and Palliative Care: Preferences, Communication, Meaning, and Mutual Decision Making.

    Science.gov (United States)

    Cain, Cindy L; Surbone, Antonella; Elk, Ronit; Kagawa-Singer, Marjorie

    2018-05-01

    Palliative care is gaining acceptance across the world. However, even when palliative care resources exist, both the delivery and distribution of services too often are neither equitably nor acceptably provided to diverse population groups. The goal of this study was to illustrate tensions in the delivery of palliative care for diverse patient populations to help clinicians to improve care for all. We begin by defining and differentiating culture, race, and ethnicity, so that these terms-often used interchangeably-are not conflated and are more effectively used in caring for diverse populations. We then present examples from an integrative literature review of recent research on culture and palliative care to illustrate both how and why varied responses to pain and suffering occur in different patterns, focusing on four areas of palliative care: the formation of care preferences, communication patterns, different meanings of suffering, and decision-making processes about care. For each area, we provide international and multiethnic examples of variations that emphasize the need for personalization of care and the avoidance of stereotyping beliefs and practices without considering individual circumstances and life histories. We conclude with recommendations for improving palliative care research and practice with cultural perspectives, emphasizing the need to work in partnerships with patients, their family members, and communities to identify and negotiate culturally meaningful care, promote quality of life, and ensure the highest quality palliative care for all, both domestically and internationally. Copyright © 2018 American Academy of Hospice and Palliative Medicine. Published by Elsevier Inc. All rights reserved.

  14. The method of belief scales as a means for dealing with uncertainty in tough regulatory decisions.

    Energy Technology Data Exchange (ETDEWEB)

    Pilch, Martin M.

    2005-10-01

    Modeling and simulation is playing an increasing role in supporting tough regulatory decisions, which are typically characterized by variabilities and uncertainties in the scenarios, input conditions, failure criteria, model parameters, and even model form. Variability exists when there is a statistically significant database that is fully relevant to the application. Uncertainty, on the other hand, is characterized by some degree of ignorance. A simple algebraic problem was used to illustrate how various risk methodologies address variability and uncertainty in a regulatory context. These traditional risk methodologies include probabilistic methods (including frequensic and Bayesian perspectives) and second-order methods where variabilities and uncertainties are treated separately. Representing uncertainties with (subjective) probability distributions and using probabilistic methods to propagate subjective distributions can lead to results that are not logically consistent with available knowledge and that may not be conservative. The Method of Belief Scales (MBS) is developed as a means to logically aggregate uncertain input information and to propagate that information through the model to a set of results that are scrutable, easily interpretable by the nonexpert, and logically consistent with the available input information. The MBS, particularly in conjunction with sensitivity analyses, has the potential to be more computationally efficient than other risk methodologies. The regulatory language must be tailored to the specific risk methodology if ambiguity and conflict are to be avoided.

  15. Managerial Methodology in Public Institutions

    Directory of Open Access Journals (Sweden)

    Ion VERBONCU

    2010-10-01

    Full Text Available One of the most important ways of making public institutions more efficient is by applying managerial methodology, embodied in the promotion of management tools, modern and sophisticated methodologies, as well as operation of designing/redesigning and maintenance of the management process and its components. Their implementation abides the imprint of constructive and functional particularities of public institutions, decentralized and devolved, and, of course, the managers’ expertise of these organizations. Managerial methodology is addressed through three important instruments diagnosis, management by objectives and scoreboard. Its presence in the performance management process should be mandatory, given the favorable influence on the management and economic performance and the degree of scholastic approach of the managers’ performance.

  16. Managerial Distance and Virtual Ownership

    DEFF Research Database (Denmark)

    Hansmann, Henry; Thomsen, Steen

    Industrial foundations are autonomous nonprofit entities that own and control one or more conventional business firms. These foundations are common in Northern Europe, where they own a number of internationally prominent companies. Previous studies have indicated, surprisingly, that companies con......, but corporate governance and fiduciary behavior more generally....... on differences among the industrial foundations themselves. We work with a rich data set comprising 113 foundation-owned Danish companies over the period 2003-2008. We focus in particular on a composite structural factor that we term “managerial distance.” We propose this as a measure of the extent to which......-seeking outside owners of the company. Consistent with this hypothesis, our empirical analysis shows a positive, significant, and robust association between managerial distance and the economic performance of foundation owned companies. The findings appear to illuminate not just foundation governance...

  17. Performance assessment of Portuguese wind farms: Ownership and managerial efficiency

    International Nuclear Information System (INIS)

    Pestana Barros, Carlos; Sequeira Antunes, Olinda

    2011-01-01

    This paper analyzes ownership and unobserved managerial ability as factors affecting the performance of a representative sample of Portuguese wind farms by means of frontier models. These farms are ranked according to their technical efficiency during the period 2004-2008 and homogenous and heterogeneous variables are disentangled in the cost function, which leads us to advise the implementation of common policies as well as policies by segments. Economic implications arising from the study are also considered. - Research highlights: → Wind farms are heterogeneous displaying distinct ownership and managerial characteristics that affect efficiency. → Managerial practices has a positive impact on the efficiency. → Ownership has a positive impact on the efficiency. Large wind farms are more efficient.

  18. Managerial competencies in Operations Management

    Directory of Open Access Journals (Sweden)

    Carmen Gonzalez-Zapatero

    2017-06-01

    Full Text Available The main objective of this paper is to develop a method of self-assessment of managerial competencies in Operations Management. Specifically we work the following skills: Analytical Consideration, Planification and organization, Consciousness and teamwork, Adaptability, Assertiveness, Leadership. The empirical evidence shows how some of these abilities are related to the results of the course while no relation was found with the results obtained with the results the rest of the degree.

  19. Mergers, managerial incentives, and efficiencies

    OpenAIRE

    Jovanovic, Dragan

    2014-01-01

    We analyze the effects of synergies from horizontal mergers in a Cournot oligopoly where principals provide their agents with incentives to cut marginal costs prior to choosing output. We stress that synergies come at a cost which possibly leads to a countervailing incentive effect: The merged firm's principal may be induced to stifle managerial incentives in order to reduce her agency costs. Whenever this incentive effect dominates the well-known direct synergy effect, synergies actually red...

  20. Do the Managerial Characteristics of Schools Influence Their Performance?

    Science.gov (United States)

    Agasisti, Tommaso; Bonomi, Francesca; Sibiano, Piergiacomo

    2012-01-01

    Purpose: The purpose of this paper is to investigate the role of governance and managerial characteristics of schools. More specifically, the aim is to individuate the factors that are associated to higher schools' performances, as measured through student achievement. Design/methodology/approach: The research is conducted by means of a survey in…

  1. Employability, Managerialism, and Performativity in Higher Education: A Relational Perspective

    Science.gov (United States)

    Kalfa, Senia; Taksa, Lucy

    2017-01-01

    This article combines Bourdieu's concepts of field, habitus and cultural capital with Lyotard's account of performativity to construct a three-tiered framework in order to explore how managerialism has affected the academic habitus. Specifically, this article examines the adoption of group assignments as a means of developing teamwork skills in…

  2. Multi-Attribute Decision-Making Based on Bonferroni Mean Operators under Cubic Intuitionistic Fuzzy Set Environment

    Directory of Open Access Journals (Sweden)

    Gagandeep Kaur

    2018-01-01

    Full Text Available Cubic intuitionistic fuzzy (CIF set is the hybrid set which can contain much more information to express an interval-valued intuitionistic fuzzy set and an intuitionistic fuzzy set simultaneously for handling the uncertainties in the data. Unfortunately, there has been no research on the aggregation operators on CIF sets so far. Since an aggregation operator is an important mathematical tool in decision-making problems, the present paper proposes some new Bonferroni mean and weighted Bonferroni mean averaging operators between the cubic intuitionistic fuzzy numbers for aggregating the different preferences of the decision-maker. Then, we develop a decision-making method based on the proposed operators under the cubic intuitionistic fuzzy environment and illustrated with a numerical example. Finally, a comparison analysis between the proposed and the existing approaches have been performed to illustrate the applicability and feasibility of the developed decision-making method.

  3. New Forms of Managerial Education in Knowledge Society

    Science.gov (United States)

    Maly, Milan

    Paper illustrates the ways of knowledge sharing in transition companies in two main topics: the methods of knowledge management of local managers in joint ventures with foreign partners from free market countries and the development of leadership behavior and decision making styles in privatized companies in the Czech Republic. Lack of previous experience is the main reason for the adoption of different ways of managerial education. Several systems like the tandem, distant learning, mixed, foreign and hired managerial systems are analyzed, and the role of both partners, local and foreign managers, is specified. The analysis of leadership behavior and decision-making styles specifying five levels of participation. Czech managers consider it to be appropriate to use a more autocratic style than a participative one. Only in a few cases, mostly in joint ventures, can we see some elements of the partnership style.

  4. The vexing problem of defining the meaning, role and measurement of values in treatment decision-making.

    Science.gov (United States)

    Charles, Cathy; Gafni, Amiram

    2014-03-01

    Two international movements, evidence-based medicine (EBM) and shared decision-making (SDM) have grappled for some time with issues related to defining the meaning, role and measurement of values/preferences in their respective models of treatment decision-making. In this article, we identify and describe unresolved problems in the way that each movement addresses these issues. The starting point for this discussion is that at least two essential ingredients are needed for treatment decision-making: research information about treatment options and their potential benefits and risks; and the values/preferences of participants in the decision-making process. Both the EBM and SDM movements have encountered difficulties in defining the meaning, role and measurement of values/preferences in treatment decision-making. In the EBM model of practice, there is no clear and consistent definition of patient values/preferences and no guidance is provided on how to integrate these into an EBM model of practice. Methods advocated to measure patient values are also problematic. Within the SDM movement, patient values/preferences tend to be defined and measured in a restrictive and reductionist way as patient preferences for treatment options or attributes of options, while broader underlying value structures are ignored. In both models of practice, the meaning and expected role of physician values in decision-making are unclear. Values clarification exercises embedded in patient decision aids are suggested by SDM advocates to identify and communicate patient values/preferences for different treatment outcomes. Such exercises have the potential to impose a particular decision-making theory and/or process onto patients, which can change the way they think about and process information, potentially impeding them from making decisions that are consistent with their true values. The tasks of clarifying the meaning, role and measurement of values/preferences in treatment decision

  5. Managerial attitude toward quality assurance

    International Nuclear Information System (INIS)

    Kirschenmann, H.J.

    1983-01-01

    This paper will present what relationships exist between the attitude toward quality assurance and the variables of training and experience on the part of managers within the nuclear power industry. Managerial attitude toward quality assurance was measured via questionnaires submitted to managers within architect-engineering, nuclear steam supplier, and constructor firms throughout the United States. The data from the completed questionnaires were statistically analyzed using the chi-square test and conclusions were drawn. Additional study results related to major factors for positive and negative attitudes toward quality assurance will be presented

  6. PEOPLE RETRIEVAL BY MEANS OF COMPOSITE PICTURES: METHODS, SYSTEMS AND PRACTICAL DECISIONS

    Directory of Open Access Journals (Sweden)

    G. A. Kukharev

    2015-07-01

    Full Text Available We discuss the problem of people retrieval by means of composite pictures and methods of its practical realization. Earlier on, the problem was posed in the previous paper by the authors, and this paper deals with its further development. The starting premise here is that for the successful search of people by their sketches it is necessary to transform these sketches into sets of populations of sketches imitating evidence of «group of witnesses» and evidence with incomplete information in verbal portraits. Variants of structures for benchmark «photo-sketch» databases are presented, intended for modeling and practical realization of original photos retrieval by sketches, which new component is a population of sketches. Problems of preprocessing for initial sketches and original photos and its influence on the result of their comparison are discussed. Simple sketch recognition systems (Simple FaRetSys and a problem of original photos retrieval by the sketches are considered. Shortcomings of such systems are shown and new decisions on extending and development of simple systems (Extended FaRetSys are presented. Experiments on searching of original photos by sketches in the CUFS database of sketches and similar experiments on widely known FERET and CUFSF facial databases are presented. Three frameworks are offered for retrieval performance improvement. In the first one, original sketches are transformed into populations, and then in these populations the sketch similar to the given sketch (Forensic Sketch is already defined. The class of the sketch found in a population «by definition» unambiguously corresponds to a class of the original photo. In the second framework, the Forensic Sketch is transformed to a population of sketches, and all original sketches in a benchmarking database are compared to sketches from populations of the Forensic Sketch. The class of matches is determined in the same manner as in the first framework. The third

  7. Relationships among measures of managerial personality traits.

    Science.gov (United States)

    Miner, J B

    1976-08-01

    Comparisons were made to determine the degree of convergence among three measures associated with leadership success in large, hierarchic organizations in the business sector: the Miner Sentence Completion Scale; the Ghiselli Self-Description Inventory; and the F-Scale, Correlational analyses and comparisons between means were made using college students and business manager samples. The results indicated considerable convergence for the first two measures, but not for the F-Scale. The F-Scale was related to the Miner Sentence Completion Scale in the student group, but relationships were nonexistent among the managers. Analyses of the individual F-Scale items which produced the relationship among the students suggested that early family-related experiences and attitudes may contribute to the development of motivation to manage, but lose their relevance for it later, under the onslaught of actual managerial experience.

  8. Critical Aspects regarding the Implementation of Managerial Accounting Systems

    Directory of Open Access Journals (Sweden)

    Guinea Flavius-Andrei

    2017-01-01

    This implementation is a genuine organisational revolution that includes the managerial systemused. Any implementation process should take into account the scope of the change in mentalityand culture that the people involved should undergo. The implementation should not be made byimposing hierarchically adopted decisions, but focus on the daily contribution of each andeveryone. A new system which has not been properly internalised and accepted is doomed todisappear. The training effort should be oriented more towards the change of mentality than on thepresentation of the techniques. Within this context, putting the decisions into practice becomesextremely important, especially when it comes to studying the impact on the organisation of theleaders’ attempt to impose their vision.

  9. Managerial accounting in the system of payments with enterprise buyers

    Directory of Open Access Journals (Sweden)

    Tsegel'nik N.I.

    2017-12-01

    Full Text Available Today, in the period of global changes in different spheres of social activity, the issue of managerial accounting in the system of payments with buyers is actual enough as the efficiency of management of enterprise economic activity to a great extent depends exactly on the information resources of managerial accounting. The managerial accounting in the system of payments with buyers is adjusted on the implementation of enterprise strategies, that is the construction of administrative accounting depends on the strategy of market scope. There is a necessity to make the decision about how many places for selling products should be opened on a certain geographical territory to satisfy the necessities of present and potential clients of a special purpose group in products, commodities and services. The system of tasks of administrative accounting in the system of payments with buyers is formulated, that allows to unite all the information about the products sold, will do the information integral and will enable users, in particular, the leader of an enterprise, to a great extent to take the opportunity to get the complete information on the state of calculations with buyers and to make administrative decisions correctly in order to avoid complicated and contradictory situations with buyers. The paper determines the directions for further researches in relation to the development of issues, which have direct regard to the buyers of purchase-sale contractual relations.

  10. Managerial Stress Management as an Asset in People Management Being a Marketing Strategy Element

    Directory of Open Access Journals (Sweden)

    Branislav Radnović

    2013-07-01

    Full Text Available Any service organization operating under turbulent market conditions must have a successful marketing strategy. A successful marketing strategy implies proper management of all elements within a marketing mix: service package, price, distribution channels, promotion, service process, service ambience and people. People, i.e. primarily the employed within an organization are one of the elements that must be appropriately considered when drawing up and implementing a marketing strategy. Proper personnel management must nowadays include good management of managerial stress. Adequate managerial stress management is preconditioned by successful identification of sources of managerial stress. The aim of this paper is to present the importance of proper and timely identification of sources of managerial stress. The paper demonstrates the carried out scientific research based on a method that is universal for all types of organizations, regardless of their type and activity, in order to precisely identify the sources of managerial stress and define its proper management, as an asset in people management, which is an element of marketing strategy. The research was conducted using a survey, sampling 100 employees in 13 organizations throughout Serbia. Survey results indicated that the most important sources of managerial stress are: participation in decision-making, selection process, earnings, and time and deadlines pressure. Therefore, recommendations are provided for directing identified sources of managerial stress towards successful management of people as an element of marketing strategy.

  11. Maclaurin symmetric mean operators of linguistic intuitionistic fuzzy numbers and their application to multiple-attribute decision-making

    Science.gov (United States)

    Liu, Peide; Qin, Xiyou

    2017-11-01

    Linguistic intuitionistic fuzzy number (LIFN) is a special intuitionistic fuzzy number which can more easily describe the vagueness existing in the real decision-making. Maclaurin symmetric mean (MSM) operator has the characteristic of considering the interrelationships among any number of input parameters. In this paper, we extended the MSM operator to the LIFNs and some extended MSM operators for LIFNs were proposed, some new decision-making methods were developed. Firstly, we introduced the definition, score function, properties and operational rules of the LIFNs. Then, we proposed some linguistic intuitionistic fuzzy MSM operators, such as linguistic intuitionistic fuzzy Maclaurin symmetric mean operator, weighted linguistic intuitionistic fuzzy Maclaurin symmetric mean (WLIFMSM) operator, linguistic intuitionistic fuzzy dual Maclaurin symmetric mean operator, weighted linguistic intuitionistic fuzzy dual Maclaurin symmetric mean (WLIFDMSM) operator. In the meantime, we studied some important properties of these operators, and developed some methods based on WLIFMSM operator and WLIFDMSM operator for multi-attribute decision-making. Finally, we use an example to demonstrate the effectiveness of the proposed methods.

  12. Hesitant triangular fuzzy information aggregation operators based on Bonferroni means and their application to multiple attribute decision making.

    Science.gov (United States)

    Wang, Chunyong; Li, Qingguo; Zhou, Xiaoqiang; Yang, Tian

    2014-01-01

    We investigate the multiple attribute decision-making (MADM) problems with hesitant triangular fuzzy information. Firstly, definition and some operational laws of hesitant triangular fuzzy elements are introduced. Then, we develop some hesitant triangular fuzzy aggregation operators based on Bonferroni means and discuss their basic properties. Some existing operators can be viewed as their special cases. Next, we apply the proposed operators to deal with multiple attribute decision-making problems under hesitant triangular fuzzy environment. Finally, an illustrative example is given to show the developed method and demonstrate its practicality and effectiveness.

  13. Identification of Managerial Competencies in Knowledge-based Organizations

    Directory of Open Access Journals (Sweden)

    Königová Martina

    2012-03-01

    Full Text Available Managerial competencies identification and development are important tools of human resources management that is aimed at achieving strategic organizational goals. Due to current dynamic development and changes, more and more attention is being paid to the personality of managers and their competencies, since they are viewed as important sources of achieving a competitive advantage. The objective of this article is to identify managerial competencies in the process of filling vacant working positions in knowledge-based organizations in the Czech Republic. The objective was determined with reference to the Czech Science Foundation GACR research project which focuses on the identification of managerial competencies in knowledge-based organizations in the Czech Republic. This identification within the frame of the research project is primarily designed and subsequently realised on the basis of content analysis of media communications such as advertisements - a means through which knowledge- based organizations search for suitable candidates for vacant managerial positions. The first part of the article deals with theoretical approaches to knowledge-based organizations and issues on competencies. The second part evaluates the outcomes of the survey carried out, and also summarizes the basic steps of the application of competencies. The final part summarizes the benefits and difficulties of applying the competency-based approach as a tool of efficient management of organizations for the purpose of achieving a competitive advantage.

  14. Iinformation accessibility and farmers manageriability of guinea ...

    African Journals Online (AJOL)

    The study examined the farmers' access to information and their manageriability of the intervention programme in the study area. To achieve the objective, there was need to determine farmers' information accessibility and manageriability of guinea worm intervention package; then determine farmers satisfaction with the ...

  15. The meaning of the virtual Midas touch: an ERP study in economic decision making.

    Science.gov (United States)

    Spapé, Michiel M; Hoggan, Eve E; Jacucci, Giulio; Ravaja, Niklas

    2015-03-01

    The Midas touch refers to the altruistic effects of a brief touch. Though these effects have often been replicated, they remain poorly understood. We investigate the psychophysiology of the effect using remotely transmitted, precisely timed, tactile messages in an economic decision-making game called Ultimatum. Participants were more likely to accept offers after receiving a remotely transmitted touch. Furthermore, we found distinct effects of touch on event-related potentials evoked by (a) feedback regarding accepted and rejected offers, (b) decision cues related to proposals, and (c) the haptic and auditory cues themselves. In each case, a late positive effect of touch was observed and related to the P3. Given the role of the P3 in memory-related functions, the results indicate an indirect relationship between touch and generosity that relies on memory. This hypothesis was further tested and confirmed in the positive effects of touch on later proposals. © 2014 Society for Psychophysiological Research.

  16. Managerial overconfidence and debt maturity structure of firms Analysis based on China's listed companies

    Institute of Scientific and Technical Information of China (English)

    Jiang Wei; Xiao Min; You Jiaxing

    2011-01-01

    Purpose-The purpose of this paper is to empirically analyze the effects of managerial overconfidence on debt maturity structure decisions in terms of liquidity risk and asset match in Chinese listed companies.Design/methodology/approach-Combining data from CSMAR with some default data collected by hand,this paper selects age,tenure,education,education background and whether the board chair and CEO positions are consolidated in Chinese listed companies as proxies of managerial overconfidence.Thus,the authors acquired needed and credible empirical data.Findings-It was found that,the younger the CEO,the shorter the tenure,the lower the education,having economics or management education and being chairman concurrently,CEOs have stronger managerial overconfidence.Thus,corporate debt maturity structure is more weakly correlated with debt ratio and asset structure.Research limitations/implications-The findings in this study suggest that managerial irrationality,especially overconfidence,does have an effect on the financing decisions of firms.Originality/value-This is the first paper to analyze the effects of managerial overconfidence on debt maturity structure derisions in terms of liquidity risk and asset match.The findings inspire firm risk management policies from managerial overconfidence.

  17. Peer Influence on Managerial Honesty

    DEFF Research Database (Denmark)

    Brunner, Markus; Ostermaier, Andreas

    2018-01-01

    peers’ reports are higher than they have expected, the opposite is not true. Third, partial transparency reinforces this asymmetry in peer influence. Unlike full transparency, it allows managers to substitute self-serving assumptions for missing information and to thus justify their own dishonesty more......We investigate peer influence on managerial honesty under varying levels of transparency. In a laboratory experiment, managers report their costs to a superior to request budget. We manipulate whether the managers learn each other’s report and cost (full transparency) or the report but not the cost...... (partial transparency). The results show, first, that managers are susceptible to peer influence, as they join peers in reporting honestly and dishonestly both under full and partial transparency. Second, however, the effect of peer influence is asymmetric. While managers’ dishonesty increases much when...

  18. Models for Multiple Attribute Decision-Making with Dual Generalized Single-Valued Neutrosophic Bonferroni Mean Operators

    Directory of Open Access Journals (Sweden)

    Jie Wang

    2018-01-01

    Full Text Available In this article, we expand the dual generalized weighted BM (DGWBM and dual generalized weighted geometric Bonferroni mean (DGWGBM operator with single valued neutrosophic numbers (SVNNs to propose the dual generalized single-valued neutrosophic number WBM (DGSVNNWBM operator and dual generalized single-valued neutrosophic numbers WGBM (DGSVNNWGBM operator. Then, the multiple attribute decision making (MADM methods are proposed with these operators. In the end, we utilize an applicable example for strategic suppliers selection to prove the proposed methods.

  19. The gold analyser: a tool for valuation and a means for improved mining decisions

    International Nuclear Information System (INIS)

    Stewart, J.M.; Nami, M.

    1986-01-01

    The erratic values of gold grade in Witwatersrand placer deposits necessitates the collection of large numbers of samples for accurate valuation and ore reserve estimation. Owing to manpower requirements current sampling techniques do not allow for the collection of sufficiently large numbers of samples. A portable gold analyser, which is at an advanced stage of development, is expected to alleviate this problem. It is a lightweight instrument, intended for one-man operation, and is based on energy dispersive X-ray fluorescence principles for determining gold and other mineral concentrations. The instrument is designed for in situ face scanning operations and provides a direct readout and internal storage of the measured gold concentration. The immediate availability of an estimate of gold grade should significantly improve the quality of short-term panel-scale mining decisions. Data are presented to show the improved precision in valuation using the gold analyser instead of conventional chip sampling

  20. Coordinated management of combined sewer overflows by means of environmental decision support systems.

    Science.gov (United States)

    Murla, Damian; Gutierrez, Oriol; Martinez, Montse; Suñer, David; Malgrat, Pere; Poch, Manel

    2016-04-15

    During heavy rainfall, the capacity of sewer systems and wastewater treatment plants may be surcharged producing uncontrolled wastewater discharges and a depletion of the environmental quality. Therefore there is a need of advanced management tools to tackle with these complex problems. In this paper an environmental decision support system (EDSS), based on the integration of mathematical modeling and knowledge-based systems, has been developed for the coordinated management of urban wastewater systems (UWS) to control and minimize uncontrolled wastewater spills. Effectiveness of the EDSS has been tested in a specially designed virtual UWS, including two sewers systems, two WWTP and one river subjected to typical Mediterranean rain conditions. Results show that sewer systems, retention tanks and wastewater treatment plants improve their performance under wet weather conditions and that EDSS can be very effective tools to improve the management and prevent the system from possible uncontrolled wastewater discharges. Copyright © 2016 Elsevier B.V. All rights reserved.

  1. Assessment of redundant systems with imperfect coverage by means of binary decision diagrams

    Energy Technology Data Exchange (ETDEWEB)

    Myers, Albert F. [Northrop Grumman Corporation, 1840 Century Park East, Los Angeles, CA 90067-2199 (United States)], E-mail: Al.Myers@ngc.com; Rauzy, Antoine [IML/CNRS, 163, Avenue de Luminy, 13288 Marseille Cedex 09 (France)], E-mail: arauzy@iml.univ-mrs.fr

    2008-07-15

    In this article, we study the assessment of the reliability of redundant systems with imperfect fault coverage. We term fault coverage as the ability of a system to isolate and correctly accommodate failures of redundant elements. For highly reliable systems, such as avionic and space systems, fault coverage is in general imperfect and has a significant impact on system reliability. We review here the different models of imperfect fault coverage. We propose efficient algorithms to assess them separately (as k-out-of-n selectors). We show how to implement these algorithms into a binary decision diagrams engine. Finally, we report experimental results on real life test cases that show on the one hand the importance of imperfect coverage and on the other hand the efficiency of the proposed approach.

  2. The relationship between the managerial skills and results of "performance evaluation "tool among nursing managers in teaching hospitals of Iran University of Medical Science.

    Science.gov (United States)

    Isfahani, Haleh Mousavi; Aryankhesal, Aidin; Haghani, Hamid

    2014-09-25

    Performance of different organizations, such as hospitals is mainly influenced by their managers' performance. Nursing managers have an important role in hospital performance and their managerial skills can improve the quality of the services. Hence, the present study was conducted in order to assess the relationship between the managerial skills and the results of their performance evaluation in Teaching Hospitals of Iran University of Medical Science in 2013. The research used the cross sectional method in 2013. It was done by distributing a managerial skills assessment questionnaire, with close-ended questions in 5 choice Likert scale, among 181 managers and head nurses of hospitals of Iran university of Medical Sciences; among which 131 answered the questions. Another data collection tools was a forms to record evaluation marks from the personnel records. We used Pearson and Spearman correlation tests and SPSS for analysis and description (frequency, mean and standard deviation). Results showed that the managerial skills of the nursing mangers were fair (2.57 out of 5) and the results of the performance evaluation were in a good condition (98.44). The mangers' evaluation results and the managerial skills scores were not in a meaningful correlation (r=0.047 np=0.856). The research showed no correlation between different domains of managerial skills and the performance evaluation marks: decision making skills (r=0.074 and p=0.399), leadership (correlation coefficient 0.028 and p=0.654), motivation (correlation coefficient 0.118 and p=0.163), communication  (correlation coefficient 0.116 and p=0.122), systematic thinking  (correlation coefficient 0.028 and p=0.828), time management (correlation coefficient 0.077 and p=0.401) and strategic thinking  (correlation coefficient 0.041 and p=0.756). Lack of any correlation and relation between managers' managerial skills and their performance evaluation results shows need to a fundamental revision at managers

  3. Cost-effectiveness analysis: what it really means for transfusion medicine decision making.

    Science.gov (United States)

    Custer, Brian; Hoch, Jeffrey S

    2009-01-01

    Some have suggested that "blood is different," and the role for cost-effectiveness is thus circumscribed. In this article, the authors start by reviewing key concepts in health economics and economic analysis methods. Examples are drawn from published blood safety studies. After explaining the underlying reasoning behind cost-effectiveness analysis, the authors point out how economic thinking is evident in some aspects of transfusion medicine. Some cost-effectiveness study results for blood safety are discussed to provide context, followed by consideration of prominent decisions that have been made in transfusion medicine field. In the last section, the authors conjecture as to why in some cases cost-effectiveness analysis appears to have greater impact than in others, noting the terrible price that is paid in mortality and morbidity when cost-effectiveness analysis is ignored. In this context, the implications of opportunity cost are discussed, and it is noted that opportunity cost should not be viewed as benefits forgone by concentrating on one aspect of blood safety and instead should be viewed as our societal willingness to misallocate resources to achieve less health for the same cost.

  4. Hybrid approach for the assessment of PSA models by means of binary decision diagrams

    International Nuclear Information System (INIS)

    Ibanez-Llano, Cristina; Rauzy, Antoine; Melendez, Enrique; Nieto, Francisco

    2010-01-01

    Binary decision diagrams are a well-known alternative to the minimal cutsets approach to assess the reliability Boolean models. They have been applied successfully to improve the fault trees models assessment. However, its application to solve large models, and in particular the event trees coming from the PSA studies of the nuclear industry, remains to date out of reach of an exact evaluation. For many real PSA models it may be not possible to compute the BDD within reasonable amount of time and memory without considering the truncation or simplification of the model. This paper presents a new approach to estimate the exact probabilistic quantification results (probability/frequency) based on combining the calculation of the MCS and the truncation limits, with the BDD approach, in order to have a better control on the reduction of the model and to properly account for the success branches. The added value of this methodology is that it is possible to ensure a real confidence interval of the exact value and therefore an explicit knowledge of the error bound. Moreover, it can be used to measure the acceptability of the results obtained with traditional techniques. The new method was applied to a real life PSA study and the results obtained confirm the applicability of the methodology and open a new viewpoint for further developments.

  5. Hybrid approach for the assessment of PSA models by means of binary decision diagrams

    Energy Technology Data Exchange (ETDEWEB)

    Ibanez-Llano, Cristina, E-mail: cristina.ibanez@iit.upcomillas.e [Instituto de Investigacion Tecnologica (IIT), Escuela Tecnica Superior de Ingenieria ICAI, Universidad Pontificia Comillas, C/Santa Cruz de Marcenado 26, 28015 Madrid (Spain); Rauzy, Antoine, E-mail: Antoine.RAUZY@3ds.co [Dassault Systemes, 10 rue Marcel Dassault CS 40501, 78946 Velizy Villacoublay Cedex (France); Melendez, Enrique, E-mail: ema@csn.e [Consejo de Seguridad Nuclear (CSN), C/Justo Dorado 11, 28040 Madrid (Spain); Nieto, Francisco, E-mail: nieto@iit.upcomillas.e [Instituto de Investigacion Tecnologica (IIT), Escuela Tecnica Superior de Ingenieria ICAI, Universidad Pontificia Comillas, C/Santa Cruz de Marcenado 26, 28015 Madrid (Spain)

    2010-10-15

    Binary decision diagrams are a well-known alternative to the minimal cutsets approach to assess the reliability Boolean models. They have been applied successfully to improve the fault trees models assessment. However, its application to solve large models, and in particular the event trees coming from the PSA studies of the nuclear industry, remains to date out of reach of an exact evaluation. For many real PSA models it may be not possible to compute the BDD within reasonable amount of time and memory without considering the truncation or simplification of the model. This paper presents a new approach to estimate the exact probabilistic quantification results (probability/frequency) based on combining the calculation of the MCS and the truncation limits, with the BDD approach, in order to have a better control on the reduction of the model and to properly account for the success branches. The added value of this methodology is that it is possible to ensure a real confidence interval of the exact value and therefore an explicit knowledge of the error bound. Moreover, it can be used to measure the acceptability of the results obtained with traditional techniques. The new method was applied to a real life PSA study and the results obtained confirm the applicability of the methodology and open a new viewpoint for further developments.

  6. GROUPWARE - MODERN INFORMATION MANAGERIAL METHOD

    Directory of Open Access Journals (Sweden)

    Rozalia NISTOR

    2006-01-01

    Full Text Available The notion groupware contents the information technologies that facilitate theteam work and that are intended for communication, collaboration,coordination within the organization. Having as base software routines forteamwork, the groupware technology has many applications in themanagement process of the organization. The notion groupware refers to aspecial class of web packages connected to a network of personalcomputers: email, chat, video IP, newsgroups, etc. The studies from theliterature consider the groupware as a class of software programs thatfacilitate the coordination, the communication and the cooperation within themember of a group. As in marketing the marketing-mix is known as the “4P”,in the area of groupware its characteristics are known as the “3C”:communication within the group; coordination among the members of thegroup; collaboration among the members of the group. From the groupwaresoftware those with relevance for the managerial activity are: electronic mail,Internet meetings, time management, project management, the managementof dissimulated information. The groupware technologies can be divised inmany categories based on two elements: time and space. The users of agroupware work together in the same time – real time groupware, or invarious periods of time – offline groupware.

  7. Mean-risk optimal decision of a steel company under emission control

    Czech Academy of Sciences Publication Activity Database

    Zapletal, F.; Šmíd, Martin

    2016-01-01

    Roč. 24, č. 2 (2016), s. 435-454 ISSN 1435-246X R&D Projects: GA ČR(CZ) GBP402/12/G097; GA ČR GA13-25911S Grant - others:EC(XE) SP2014/146; EC(XE) SP2013/148 Institutional support: RVO:67985556 Keywords : Stochastic programming * Risk management * Mean-risk modeling * Emissions trading * Emissions management Subject RIV: BB - Applied Statistics, Operational Research Impact factor: 0.659, year: 2016 http://library.utia.cas.cz/separaty/2015/E/smid-0451991.pdf

  8. Mindful decision making and inhibitory control training as complementary means to decrease snack consumption.

    Science.gov (United States)

    Forman, Evan M; Shaw, Jena A; Goldstein, Stephanie P; Butryn, Meghan L; Martin, Lindsay M; Meiran, Nachshon; Crosby, Ross D; Manasse, Stephanie M

    2016-08-01

    Obesity is largely attributable to excess caloric intake, in particular from "junk" foods, including salty snack foods. Evidence suggests that neurobiological preferences to consume highly hedonic foods translate (via implicit processes) into poor eating choices, unless overturned by inhibitory mechanisms or interrupted by explicit processes. The primary aim of the current study was to test the independent and combinatory effects of a computerized inhibitory control training (ICT) and a mindful decision-making training (MDT) designed to facilitate de-automatization. We randomized 119 habitual salty snack food eaters to one of four short, training conditions: MDT, ICT, both MDT and ICT, or neither (i.e., psychoeducation). For 7 days prior to the intervention and 7 days following the intervention, participants reported on their salty snack food consumption 2 times per day, on 3 portions of their days, using a smartphone-based ecological momentary assessment system. Susceptibility to emotional eating cues was measured at baseline. Results indicated that the effect of MDT was consistent across levels of trait emotional eating, whereas the benefit of ICT was apparent only at lower levels of emotional eating. No synergistic effect of MDT and ICT was detected. These results provide qualified support for the efficacy of both types of training for decreasing hedonically-motivated eating. Moderation effects suggest that those who eat snack foods for reasons unconnected to affective experiences (i.e., lower in emotional eating) may derive benefit from a combination of ICT and MDT. Future research should investigate the additive benefit of de-automization training to standard weight loss interventions. Copyright © 2016 Elsevier Ltd. All rights reserved.

  9. Women in Managerial Positions in Greek Education.

    Science.gov (United States)

    Athanassoula-Reppa, Anastasia; Koutouzis, Manolis

    2002-01-01

    Discusses the under representation of women in managerial positions in Greece and the evidence of barriers that inhibit women from pursuing and taking such positions, a type of covert discrimination that is counter to notions of democratic citizenship. (SLD)

  10. Job sharing at the managerial level.

    Science.gov (United States)

    Acorn, S; Williams, J; Dempster, L; Provost, S; McEwan, C

    1997-05-01

    Job sharing restructures a full-time position-two individuals share the responsibilities and the benefits of the position. If nurses are committed to making it work, this arrangement can succeed at the managerial level.

  11. Managerial Meta-knowledge, Uncertainty, and Adaptation

    DEFF Research Database (Denmark)

    Jensen, Henrik; Foss, Nicolai Juul

    "Managerial Meta-Knowledge, Uncertainty, and Adaptation: Governance Choice when Firms do not Know their Capabilities" Much research on economic organization (e.g., transaction cost economics) is based on an assumption that firms accurately know their own capabilities. In terms of what managers know...... about the resources of the firm (including employee knowledge) we argue that this amounts to an assumption of perfect managerial meta-knowledge. However, research streams on resource cognition, transaction memory and organizational self- knowledge suggests that this assumption is not in general...... warranted. We examine the implications for economic organization of less-than-perfect managerial meta-knowledge. Specifically, we show that imperfect managerial meta- knowledge is a cause of surprises in contractual relationships, affects the ability of coordinated adaptation, and an opportunism...

  12. Improving Communication Within a Managerial Workgroup

    Science.gov (United States)

    Harvey, Jerry B.; Boettger, C. Russell

    1971-01-01

    This paper describes an experiment involving the use of laboratory education (Bradford, Gibb, & Benne, 1964; Bennis & Schein, 1965) and was designed on the assumption that improvement of communication in managerial workgroups enhances task effectiveness. (Author)

  13. Decision management - projects subject to uncertainty

    Directory of Open Access Journals (Sweden)

    A.E. Paterson

    2003-12-01

    Full Text Available The human mind is normally unable to grasp more than five to nine aspects relating to the same decision circumstances simultaneously. It has been demonstrated that only between four and eight variables significantly affect return on engineering projects (at the 90% level irrespective of scale. The most powerful means of isolating these significant variables is by computer simulation. This is demonstrated through the application of the interactive CASPAR programme to a simulated mining project. The significant variables are separated into controllable, influence able and uncontrollable categories for decision and control purposes since the nature of the speculative risk differs. The managerial treatment of each category is discussed.

  14. Managerial Objectives of the Annual Financial Statements. True and Fair View or „Users, Be Careful!”

    OpenAIRE

    Alina Teodora Ciuhureanu; Nicolae Balteş; Hortensia Gorski

    2009-01-01

    The financial statements represent the less expensive and the most widely spread managerial communication method. Starting from this aspect, the paper shows the managerial usefulness of the information offered by the financial statements. But, in order to take reality, and not „creativity” based decisions, the financial statements must offer a true and fair view of the company, the managers’ opinion regarding this matter being captured, through a selective research.

  15. Market liquidity, investor participation and managerial autonomy: why do firms go private?

    NARCIS (Netherlands)

    Boot, A.W.A.; Gopalan, R.; Thakor, A.V.

    2005-01-01

    We analyze a publicly-traded firm's decision to stay public or go private when managerial autonomy from shareholder intervention affects the supply of productive inputs by management. We show that both the advantage and the disadvantage of public ownership relative to private ownership lie in the

  16. Managerial entrenchment, external discipline and accounting manipulations in the credit union industry

    NARCIS (Netherlands)

    Hillier, D.; Hodgson, A.; Stevenson-Clarke, P.

    2005-01-01

    This study examines the extended stakeholder corporate governance model in credit unions and the extent to which inherent managerial entrenchment impacts upon their operational decisions. Using Australian credit union data and the introduction of Basle-type capital adequacy regulations as a case

  17. Education Reform: A Managerial Agenda.

    Science.gov (United States)

    Bacharach, Samuel B.; Conley, Sharon C.

    1986-01-01

    Education reform has wrongly focused on teacher motivation and rewards, when the organizational system itself is at fault. Research shows that effective school management hinges on increased individual discretion and decision-making opportunities for teachers and less controlling behavior by administrators. Ten characteristics of effective…

  18. Three perspectives on physical therapist managerial work.

    Science.gov (United States)

    Schafer, D Sue

    2002-03-01

    The nature of managerial work in the commercial sector has not been studied since the 1970s, and little is known about the work of managers in the health care sector. In this study, the perceived importance of managerial role and skill categories among 3 groups of physical therapists were studied to better understand the work priorities of physical therapist managers. Two groups of subjects were physical therapist managers in hospitals or private practices. A third group consisted of faculty members in professional physical therapist education programs. Respondents (n=343) rated the importance of 75 managerial activities. Responses related to 16 predetermined work categories were placed in rank order by group. A multivariate analysis of variance (MANOVA) was used to identify differences among groups. All groups identified communication, financial control, entrepreneur, resource allocator, and leader as the 5 most important categories and rated technical expert and figurehead as least important. The MANOVA showed differences between faculty members and private practice managers in 15 work categories, between hospital-based managers and private practice managers in 9 categories, and between faculty members and hospital-based managers in 8 categories. Work setting appears to have an impact on level of importance placed on managerial work categories. The strongest candidates for "universal" physical therapist managerial work categories were communication, financial control, and resource allocator.

  19. Ecological sustainability and personal behavior: relations demonstrated by the decision-making process of selecting a certain transportation mean

    Energy Technology Data Exchange (ETDEWEB)

    Priewasser, Reinhold [Linz Univ., Inst. for Environmental Management in Enterprises and Regions, Linz (Austria)

    1999-07-01

    Facing the aim of ecological sustainability only little emphasis has been placed on the fact that the extent of environmental stresses is not only a consequence of certain factual or structural conditions but also essentially determined by varying human behaviour patterns. Technologies and structures are not ecologically effective by themselves, their environmental relevance strongly depends on the persons' way of acting within the prevailing system. Recognising the importance of that perspective psychological and social theories about the generation of personal behaviour as well as the theoretical models of learning can offer useful indications concerning the interpersonal and extrapersonal preconditions of environmentally oriented acting. With reference to the decision-making process of selecting a certain transportation mean, the influences of rational and emotional factors and obstacles to an ecologically sustainable personal act should be exemplary demonstrated. At the same time very effective points of departure for behavioural change can be identified. (Author)

  20. Accounting Conservatism and Managerial Incentives

    OpenAIRE

    Young K. Kwon

    2005-01-01

    There are two sources of agency costs under moral hazard: (1) distortions in incentive contracts and (2) implementation of suboptimal decisions. In the accounting literature, the relation between conservative accounting and agency costs of type (1) has received considerable attention (cf. Watts 2002). However, little appears to be known about the effects of accounting conservatism on agency costs of type (2) or trade-offs between agency costs of types (1) and (2). The purpose of this study is...

  1. Involvement of Managerial Accounting in Ensuring The Comapny’s Competitiveness on The Market

    OpenAIRE

    Alina-Teodora Ciuhureanu

    2012-01-01

    The problem of costs is that they are an extremely complex variable of the company’s management, because of its importance in the management of each business. All managers need accurate and timely information to carry out pricing, planning, operation activities and to take other type of decisions. Managerial accounting is considered as an indispensable system in the accounting activity of the organisation for decision making. Regardless of where they are, managers administrate their field of ...

  2. Personalitate şi nivel managerial

    Directory of Open Access Journals (Sweden)

    Andrei Ion

    2012-01-01

    Full Text Available This study investigates the relationship between personality traits and managerial level. Personality traits were assessed by using the Romanian version of the California Psychological Inventory – 260 (Gough, 2002. The inclusion criteria in the three managerial groups (low level management, middle level management and high level management were the number of subordinates and the reported distance from the CEO. Data were collected from the managers at a few companies from the fast moving consumer goods and telecom industry. Results indicated that some personality traits varied significantly across the three groups of managers. Moreover the scores on three scales appear to vary significantly across males and females samples.

  3. Leadership styles and managerial culture at industrial enterprises with different modernization and innovation processes

    Directory of Open Access Journals (Sweden)

    Glukhov Sergei

    2017-01-01

    Full Text Available The article presents the results of an empirical research into the transformational leadership and managerial culture at industrial enterprises with different modernization and innovation processes. The authors suggest the criteria for differentiation of options of making changes at the industrial companies: the attitude to their own research base, the focus on introduction of innovations, the investment potential for the introduction of innovations, contacts with research and educational agencies, presence of institutional innovation structures in the structure. It was found out that the managerial profile of an industrial enterprise, focused on innovation activities, involves the index of transformational leadership and the managerial culture with a subject-oriented management, i.e. democratic, which is manifested in the commitment to the group decision making process; humanizing, which is manifested in the attitude towards the employees as being independently valuable regardless the context of achieving organizational results; and innovative, which is manifested in the constant quest for changes.

  4. MANAGERIAL OPTIMISM AND DEBT FINANCING: CASE STUDY ON INDONESIA MANUFACTURING LISTED FIRMS

    Directory of Open Access Journals (Sweden)

    Gesti Memarista

    2016-10-01

    Full Text Available Managerial’s psychology can affect financial decision in the company. This paper analyzes the influence of managerial optimism on the debt financing by using regression analysis. The dependent variable in this paper is debt financing. The independent variable is managerial optimism and the control variable are firm value, firm size, and firm performance that are occurred in the previous period. The sample used in this study is manufacturing companies that listed in Indonesian stock exchange during 2010-2014. The result on this study shows that managerial optimism, firm value, and firm size that are occurred in the previous period have positive significantly impact on debt financing, whereas firm performance in the previous period has negative significantly impact on debt financing.

  5. From feeling to naming: A sensitive approach to managerial newspeak through bullying at work

    Directory of Open Access Journals (Sweden)

    Agnès Vandevelde-Rougale

    2016-02-01

    Full Text Available By accessing language, an individual is granted the means to represent experiences and to share meaning. However, ill-being resulting from workplace bullying makes it hard for the subject to put his/her experience into words. I explored this uneasiness through qualitative research conducted through an interdisciplinary approach. My fieldwork led me to raise questions about the influence of modern managerial discourse on the individual and his/her relation to language. After conducting in-depth interviews with individuals confronted with bullying at work and crossing their narratives with information from organisational websites, I suggest that modern managerial discourse hinders the expression of emotions and thereby the understanding of subjective experiences (both the informants’ understanding of their own subjective experience and the understanding of their experiences by others. I argue that this process is rooted in an internalization of managerial discourse, which weakens the subject as it diminishes his/ her enunciative autonomy and limits his/her ability to make sense of his/her emotional experiences. This article considers these findings. Through excerpts from organisational communications, the first part calls on the heuristic dimension of knowing via the senses to question the subjective influence of managerial discourse. The narrative of an experience of workplace bullying then allows for display of the ambivalence of managerial discourse. It appears to be a tool both enabling and hindering subjective expression, as it allows sharing of facts at the expense of sharing emotions. Considering my argument that the internalization of managerial discourse by the subject turns this discourse into “managerial newspeak”, the third and concluding part of the article addresses the issue of sharing understanding of psychosocial processes in scientific work.

  6. Scottish Education and the New Managerialism.

    Science.gov (United States)

    Fairley, John; Paterson, Lindsay

    1995-01-01

    Argues that the "new managerialism" approach to educational management in Scotland, with its emphasis on performance monitoring, diverts attention away from the core concerns of educational delivery and incurs significant bureaucratic costs. An alternative model, which is based on collegiality and democracy, focuses on professionalism,…

  7. Gendered Learning Environments in Managerial Work

    Science.gov (United States)

    Gustavsson, Maria; Eriksson, Anna Fogelberg

    2010-01-01

    The aim is to investigate female and male managers' learning environments with particular focus on their opportunities for and barriers to learning and career development in the managerial work of a male-dominated industrial company. In the case study 42 managers, 15 women and 27 men in the company were interviewed. The findings demonstrate that…

  8. Commandants' Managerial Capacity and Workers Productivity in ...

    African Journals Online (AJOL)

    The purpose of this study is to evaluate the commandant's managerial capacity as if relates to workers productivity with a view to determining whether their calling to the education terrain has been justified and to correct certain areas in need of improvement in the Nigeria Police Education set up. In doing this, the study took ...

  9. Exploring Methods in Managerial and Organizational Cognition

    DEFF Research Database (Denmark)

    Hodgkinson, Gerard P.; Sund, Kristian J.; Galavan, Robert

    2017-01-01

    This book comprises the second volume in the recently launched New Horizons in Managerial and Organizational Cognition book series. Volume 1 (Sund, Galavan, & Huff, 2016), addressed the topic of strategic uncertainty. This second volume comprises a collection of contributions that variously report...

  10. Internal Management and Perceived Managerial Trustworthiness

    DEFF Research Database (Denmark)

    Pedersen, Mogens Jin; Stritch, Justin Michael

    2018-01-01

    What is the effect of internal public management on individuals’ perceptions of managerial trustworthiness (MTW)? MTW is associated with a range of positive organizational outcomes, but research examining how a public manager might affect employees’ perception of MTW is sparse. This article compl...

  11. Managerial Effectiveness: Impact of Emotional Intellegence and ...

    African Journals Online (AJOL)

    organizations in Nigeria. The descriptive survey research method was adopted for the study. Instruments used for data collection in this study are: Emotional Intelligence Scale, Work-Family Role Conflict Scale and. Managerial Effectiveness Scale. Linear Regression Analysis was used to test hypotheses that were generated ...

  12. Leadership and managerial capacity strengthening for quality ...

    International Development Research Centre (IDRC) Digital Library (Canada)

    Success in the implementation of maternal and newborn health interventions at the country level has been generally attributed to three main interlinked factors: leadership and management, resources, and end-user-related factors. Leadership and managerial capacities are critical for transformational change and ...

  13. THE NEED FOR MANAGERIAL ACCOUNTING SYSTEMS

    Directory of Open Access Journals (Sweden)

    Flavius-Andrei GUINEA

    2016-12-01

    Full Text Available The implementation of a managerial accounting system represents a genuine initiative for implementing change, this involving the need for change, a vision of change and strategy, and last, but not least, innovation stimulation. In the last decades, the implementation of such a system translated into a broader reform, including the management system used. A management control system, once implemented, tends to attract the manifestation of creative accounting phenomena, especially in times of crisis. Taking these into consideration, the article aims to highlight the importance of the implementation of a modern managerial accounting system in the Romanian firms, as well as to analyse the potential consequences of this process, from the author’s point of view.

  14. Gendered learning environments in managerial work

    OpenAIRE

    Gustavsson, Maria; Fogelberg Eriksson, Anna

    2010-01-01

    The aim is to investigate female and male managers’ learning environments with particular focus on their opportunities for and barriers to learning and career development in the managerial work of a male-dominated industrial company. In the case study 42 managers, 15 women and 27 men in the company were interviewed. The findings demonstrate that the male managers were provided with significantly richer opportunities to participate in activities conducive to learning and career development tha...

  15. Stock Option Compensation and Managerial Turnover

    OpenAIRE

    Raluca Georgiana NASTASESCU

    2009-01-01

    This study examines the association between managerial turnover and equity-based compensation. I investigate whether stock options act to bond executives to their firms and whether retention of managers is a motivation of companies in designing CEO incentive contracts. The results show that stock options do negatively influence the probability of a CEO leaving the company. The monetary cost of losing the value of equity-based compensation package keeps the manager with his company. I also fin...

  16. Effects of Objectives and Information on Managerial Decisions and Profitability

    OpenAIRE

    JS Armstrong; Fred Collopy

    2004-01-01

    Managers are often advised, 'beat your competitors,' which sometimes contrasts with the advice, 'do the best for your firm.' This may lead managers to focus on comparative measures such as market share. Drawing on game theory, the authors hypothesize that managers are competitor oriented under certain conditions, in particular, when they are provided with information about competitors' performance. Empirical studies lead to the additional hypothesis that a competitor orientation is detrimenta...

  17. Supply chain (re) design: Support for managerial and policy decisions

    NARCIS (Netherlands)

    Dullaert, W.; Bräysy, Olli; Goetschalckx, M.; Raa, B; Center, A.

    This article studies a single-location inventory model with random leadtimes. Inventory is replenished by a single supplier who, at the time a replenishment order is received, knows exactly when the order will be delivered. In other words, the supplier knows the leadtime for every replenishment

  18. Senegalese Entrepreneurs in the USA and Managerial Decision ...

    African Journals Online (AJOL)

    The paper looks at the conditions that influence how Senegalese entrepreneurs create and manage their businesses in the US while acquiring income in order to maintain and improve their social status in Senegal. The study uses the grounded theory to look at three cases in the city of Cincinnati. The study found that the ...

  19. The development of a decision analytic model of changes in mean deviation in people with glaucoma: the COA model.

    Science.gov (United States)

    Kymes, Steven M; Lambert, Dennis L; Lee, Paul P; Musch, David C; Siegfried, Carla J; Kotak, Sameer V; Stwalley, Dustin L; Fain, Joel; Johnson, Chris; Gordon, Mae O

    2012-07-01

    To create and validate a statistical model predicting progression of primary open-angle glaucoma (POAG) assessed by loss of visual field as measured in mean deviation (MD) using 3 landmark studies of glaucoma progression and treatment. A Markov decision analytic model using patient level data described longitudinal MD changes over 7 years. Patient-level data from the Collaborative Initial Glaucoma Treatment Study (n = 607), the Ocular Hypertension Treatment Study (OHTS; n = 148; only those who developed POAG in the first 5 years of OHTS) and Advanced Glaucoma Intervention Study (n = 591), the COA model. We developed a Markov model with transition matrices stratified by current MD, age, race, and intraocular pressure categories and used a microsimulation approach to estimate change in MD over 7 years. Internal validation compared model prediction for 7 years to actual MD for COA participants. External validation used a cohort of glaucoma patients drawn from university clinical practices. Change in visual field as measured in MD in decibels (dB). Regressing the actual MD against the predicted produced an R(2) of 0.68 for the right eye and 0.63 for the left. The model predicted ending MD for right eyes of 65% of participants and for 63% of left eyes within 3 dB of actual results at 7 years. In external validation the model had an R(2) of 0.79 in the right eye and 0.77 in the left at 5 years. The COA model is a validated tool for clinicians, patients, and health policy makers seeking to understand longitudinal changes in MD in people with glaucoma. Copyright © 2012 American Academy of Ophthalmology. Published by Elsevier Inc. All rights reserved.

  20. Managerial Roles and Functions in Negotiation Process

    Directory of Open Access Journals (Sweden)

    Andrzej Kozina

    2014-06-01

    Full Text Available The paper is focused on negotiation processes performed in a company and presents author’s concept of the description of the roles and functions accomplished by managers within those processes and being of significant importance from the point of view of negotiations’ outcomes. Such a concept aims at providing the analysis and conducting of business negotiations with effective support. Firstly (following introduction, the concept, types, and comprehensive model of such negotiations is presented as a useful methodological framework for specifying managerial roles and functions. Secondly, some classic concepts of those roles are reviewed, drawing special attention to the ones that concern negotiation process. Thirdly, general managerial functions within that process are described. Fourthly, those functions are precised by relating them to typical hierarchical levels. Fifthly, peculiar managerial functions within negotiating team are discussed. Finally, specific issue of the role of manager as a mediator is addressed. Summing up the paper, the crucial areas for subsequent research were pointed out. In order to elaborate the presented concept the author carried out the comparative study of negotiation literature as well as developed his original ideas.

  1. SAT projects' effectiveness: managerial aspects

    International Nuclear Information System (INIS)

    Kazennov, A.; Zlokazov, A.; Kossilov, A.

    2003-01-01

    reliable and effective NPP personnel training and qualification. In reality, the objectives of SAT implementation at many NPPs have been more specific and pragmatic, mostly derived from the features of SAT as a management tool. If we will consider an 'effective' project in meaning of producing a desired effect or influence, then we ultimately need to clearly state what positive influence or impact on plant performance, production, engineering, organization, business conduct, personnel qualification, or training process quality do we expect from SAT project introduction. Criteria to evaluate SAT project implementation should be established. A set of methodological, technical and organizational measures should be taken in order to successfully achieve the objectives of SAT project implementation, and therefore to positively impact on personnel training and the whole organization. These measures include a development of standards and criteria, use of job aids and procedures, training of personnel involved, identification of the role of managers and development of their attitudes, etc. The following examples and actual practices are discussed in the presentation: systematic needs analysis, criteria to evaluate training system, specific objectives of SAT projects, and examples of the criteria to evaluate SAT project. (author)

  2. The Role of Batch Costing and Cost Accounting in the Managerial Process

    OpenAIRE

    Ciumag, Marin; Ciumag, Anca

    2008-01-01

    Starting from the premises that the informational system is a part of the management system of any company, it is always stated, completely rightly that the effectiveness of an company strictly related to the way in which this knows how to manage the information. One of the problems the economic agents encounter nowadays is the lack of some coherent and well structured information that should assist the managerial decision at a superior level, as well as at inferior echelons. Once with ...

  3. Strategic environmental assessment (SEA) as a means to include environmental knowledge in decision making in the case of an aluminium reduction plant in Greenland

    DEFF Research Database (Denmark)

    Hansen, Anne Merrild

    2011-01-01

    The purpose and means of strategic environmental assessment (SEA) can vary depending on the case investigated and interests of actors involved. Based on the objective for the SEA of a proposed aluminium reduction plant (ARP) in Greenland, this paper evaluates the SEA’s effectiveness in securing...... environmental knowledge in a decision-making process. It is concluded that the SEA secured inclusion of environmental knowledge in three out of four key decision arenas, which determined the direction and outcome of the process. The results from the SEA did not oppose the recommendations based on the economic...... assessments. As there was no conflict between economic and environmental recommendations, and hence no visible proof of SEA’s influence on the outcome of the decision, it is discussed whether environmental knowledge, in this decision making process, equals influence. The investigation was carried out...

  4. What does the new breed of decision-making methodologies mean for choices and norms in hydrological science?

    Science.gov (United States)

    Wikman-Svahn, Per

    2013-04-01

    Hydrological sciences are increasingly utilized in decision-making contexts that need to manage deep uncertainty, changing conditions and very long-lead times and lifetimes. Traditional optimizing approaches become problematic in such situations. For example, optimizing approaches may underestimate the importance of low probability outcomes, or very uncertain outcomes. Alternative decision-making strategies are therefore increasingly used in hydrological applications, including "bottom-up/top-down", "context-first", "decision-scaling", "assess risk of policy", "robust", "resilient" or "flexible" approaches. These kinds of strategies are typically designed to handle very uncertain and diverse outcomes, and often start from the particular decision-making context, in contrast to more traditional "predict-then-act" or "science first" approaches. Contemporary research in philosophy of science stress the influence of value judgments and norms in scientific assessments. In particular, this literature points out that implicit anticipated applications often influence choices made in scientific assessments. Furthermore, this literature also emphasize that choices made at within scientific assessments have consequences for decision-making later on. One reason is that it is often difficult for decision-makers to see what choices are made and the implications of these choices. Another reason is that information that could be of use for decision-makers are lost at an early stage. For example, the choice to focus on central estimates and not providing assessments on more unlikely outcomes is a choice that has consequences for what outcomes are taken into account in the decision-making process. This paper develops this argument and then analyzes the implications of these new developments for hydrological science. One implication of the increasing use of the new breed of planning strategies is that a broader range of uncertainty in scientific assessments becomes desirable in order

  5. Web-Based Group Decision Support System: an Economic Application

    Directory of Open Access Journals (Sweden)

    Ion ISTUDOR

    2010-01-01

    Full Text Available Decision Support Systems (DSS form a specific class of computerized information systems that support business and managerial decision-making activities. Making the right decision in business primarily depends on the quality of data. It also depends on the ability to analyze the data with a view to identifying trends that can suggest solutions and strategies. A “cooperative” decision support system means the data are collected, analyzed and then provided to a human agent who can help the system to revise or refine the data. It means that both a human component and computer component work together to come up with the best solution. This paper describes the usage of a software product (Vanguard System to a specific economic application (evaluating the financial risk assuming that the rate of the economic profitability can be under the value of the interest rate.

  6. Managerial share ownership, firm performance and dividends : Australian evidence

    OpenAIRE

    Khan, Arifur Rahman

    2017-01-01

    This thesis examines the relationship between managerial share ownership and firm performance as well as the relationship between managerial share ownership and dividends in Australia. Agency theory, more specifically two alternative theories – incentive alignment and managerial entrenchment theory – provides the theoretical framework that underpins this thesis. The three empirical studies in this thesis examine the top 300 Australian listed companies for the period 2000 to 2006 and the metho...

  7. Transformation of University Organizations:Leadership and Managerial Implications

    Directory of Open Access Journals (Sweden)

    Cemil ULUKAN

    2005-10-01

    Full Text Available Transformation of University Organizations:Leadership and Managerial Implications Cemil ULUKAN, Ph.D Anadolu UniversityOpen Education Faculty Eskisehir-TURKEYABSTRACT Technology and globalization are forcing higher education institutions to transform themselves. This paper aims to contribute to a better understanding the leadership and managerial implications of recent developments for higher education. Reviewing unique characteristics and the fundamental changes shaping higher education, the paper examines the need for organizational transformation and the major managerial implications.

  8. MANAGERIAL AND COST ACCOUNTING PRACTICES - A ROMANIAN OVERVIEW

    OpenAIRE

    CARDOS ILDIKO REKA; PETE STEFAN

    2011-01-01

    Research theme - Globalization and technological changes generates complexity both in the business environment and the accounting systems. Under these conditions managerial accounting needs to learn new practices in order to become an active consultant of management. Objectives - The main objective of this paper is to present how managerial accounting changed over the years in Romania. We intend to present how the managerial accounting system is implemented within Romanian organizations, to r...

  9. Managerial Ethics: The Ethics in the Enterprise Organizations

    Directory of Open Access Journals (Sweden)

    Roberto Bondarik

    2006-12-01

    Full Text Available The present article has for objective to present the ethics meanings, its application and importance in the enterprise organizations. Century XX was marked by deep transformations in the most diverse fields of the activity human being, also perceived in its finish a concern with the enterprise ethical behavior. Was transferred to charge it of the companies a bigger concern with the quality of its products and the way that these organizations treated its diverse public, the intern and the external one. The ethical behavior in an organization does not have to be to result only of a requirement of the market, but of spontaneous behavior. The importance that the organizations possess in the present time made with that many scholars called our time of Managerial Age, therefore its paradigm is the company, who influences the society.

  10. Decision of pedagogical tasks as mean of forming of pedagogical position of students of higher education physical establishments

    Directory of Open Access Journals (Sweden)

    Stepanchenko N.I.

    2012-08-01

    Full Text Available In the article one of terms of forming of pedagogical position for the students of higher education physical establishments - decision of educational-pedagogical situations (EPS is examined. Monitoring of progress from pedagogical disciplines confronted with the results of experiment on determination of levels of decision of EPS by students is conducted. It is set that the traditional model of studies provides the high level of capture students theoretical knowledge, but does not influence on forming of them pedagogical position. Most students were shown by the medium-and-low levels of formed of abilities to decide EPS. It is set that the traditional model of teaching provides the high level of capture students theoretical knowledge's, but substantially does not influence on forming of their pedagogical position. Basic difficulties are certain at a decision the students of EPS, which allow to define the basic going near development of methodical accompaniment of EPS, which must include: educational material which is based on integration of pedagogical and sporting preparation with support on context approach; algorithm of decision of tasks; questions of cognitive character.

  11. Deactivation of Pacemaker: Ethical Approach or Managerial Failure?

    Directory of Open Access Journals (Sweden)

    Macková Marie

    2017-12-01

    Full Text Available The decision about the deactivation of a pacemaker must be the result of a multicriteria decision-making process where the legal, ethical and effectiveness aspects must be taken into account and delicately balanced, while also considering the risk of managerial failure. Academic as well as professional discussion is necessary because there is a whole range of question marks on this topic and all the aspects mentioned above. The aim of this paper is to contribute to the debate by presenting the views of Czech physicians about the possibility of deactivation of the pacemaker in patients in terminal states. Based on the results of our research, the following steps are recommended to enable the deactivation of pacemakers in the Czech environment. Before the patient’s own indication of pacemaker therapy, treatment should be discussed with the patient in detail, including complications and deactivation options. Czech ethical consultant services should be set up in Czech hospitals. And last but not least, they should take an opinion on this issue as well as the professional society.

  12. Managerial Challenges in Investment Market Research

    Directory of Open Access Journals (Sweden)

    Daniel Manaţe

    2012-12-01

    Full Text Available Since1860 the investment community beneficiated by the first structured approach regarding the ocean of data which every potential money supplier was flooded with. It was Henry Poor who leaded the new investment way and, later, was followed by noble successors like John Moody, Benjamin Graham, David Dodd or John Burr Williams. They founded what today is called the fundamental analysis. The continuous increase of the turbulence and complexity of the environment confronting global, regional or local investors enhanced the need for a better managerial approach within the investment process. This was John Murphy’s mastermind work of synthesis, the intermarket analysis. The essence of this managerial approach is to profit the most from the global market relationships between equities market, forex market, commodities market and credit market. Studying the interaction among these markets and deciding accordingly the in and outs positions on different financial instruments paid far better than strategies such as the naive „buy and hold” or the manipulative „buy on rumours - sell on news”.

  13. ADAPTATION MODEL FOR REDUCING THE MANAGERIAL STRESS

    Directory of Open Access Journals (Sweden)

    VIOLETA GLIGOROVSKI

    2017-12-01

    Full Text Available Changes are an inseparable component of the company's life cycle and they can contribute to its essential growth in the future. The purpose of this paper is to explain managerial stress caused by implementation of changes and creating an adaptation model to decrease managerial stress. How much the manager will successfully lead the project for implementation of a change and how much they will manage to amortize stress among employees, mostly depends on their expertise, knowledge and skills to accurately and comprehensively inform and integrate the employees in the overall process. The adaptation model is actually a new approach and recommendation for managers for dealing with stress when the changes are implemented. Methodology. For this purpose, the data presented, in fact, were collected through a questionnaire that was submitted to 61 respondents/ managers. The data were measured using the Likert scale from 1 to 7. Namely, with the help of the Likert scale, quantification of stress was made in relation to the various variables that were identified as the most important for the researched issues. An adaption model (new approach for amortizing changes was created using the DIA Diagram application, to show the relations between manager and the relevant amortization approaches.

  14. 'When measurements mean action' decision models for portal image review to eliminate systematic set-up errors

    International Nuclear Information System (INIS)

    Wratten, C.R.; Denham, J.W.; O; Brien, P.; Hamilton, C.S.; Kron, T.; London Regional Cancer Centre, London, Ontario

    2004-01-01

    The aim of the present paper is to evaluate how the use of decision models in the review of portal images can eliminate systematic set-up errors during conformal therapy. Sixteen patients undergoing four-field irradiation of prostate cancer have had daily portal images obtained during the first two treatment weeks and weekly thereafter. The magnitude of random and systematic variations has been calculated by comparison of the portal image with the reference simulator images using the two-dimensional decision model embodied in the Hotelling's evaluation process (HEP). Random day-to-day set-up variation was small in this group of patients. Systematic errors were, however, common. In 15 of 16 patients, one or more errors of >2 mm were diagnosed at some stage during treatment. Sixteen of the 23 errors were between 2 and 4 mm. Although there were examples of oversensitivity of the HEP in three cases, and one instance of undersensitivity, the HEP proved highly sensitive to the small (2-4 mm) systematic errors that must be eliminated during high precision radiotherapy. The HEP has proven valuable in diagnosing very small ( 4 mm) systematic errors using one-dimensional decision models, HEP can eliminate the majority of systematic errors during the first 2 treatment weeks. Copyright (2004) Blackwell Science Pty Ltd

  15. Managerial Risk-taking in International Acquisitions in the Brewery Industry

    DEFF Research Database (Denmark)

    Geppert, Mike; Dörrenbächer, Christoph; Gammelgaard, Jens

    2013-01-01

    in the authors' view are significantly shaped by specific home country institutional influences. This study concerns the question of how different forms of ownership - concentrated (e.g. family and bank based) and dispersed (stock market based) - influence risk-taking and managerial decision-making in large......This paper deals with the role that institutional differences play in managerial risk-taking when firms engage in international acquisitions. It is assumed that multinational corporations (MNCs) have different interests and capabilities when dealing with international acquisition, which...... international acquisitions. Comparing a total of 12 large acquisitions of four leading MNCs in the global brewery industry, the paper shows that mutually reinforcing influences of country of origin (coordinated vs liberal market economies) and ownership (family ownership vs stock market ownership) lead...

  16. Managerial Career Patterns: A Review of the Empirical Evidence

    Science.gov (United States)

    Vinkenburg, Claartje J.; Weber, Torsten

    2012-01-01

    Despite the ubiquitous presence of the term "career patterns" in the discourse about careers, the existing empirical evidence on (managerial) career patterns is rather limited. From this literature review of 33 published empirical studies of managerial and similar professional career patterns found in electronic bibliographic databases, it is…

  17. Managerial Career Patterns: A Review of the Empirical Evidence

    NARCIS (Netherlands)

    Vinkenburg, C.J.; Weber, T.

    2012-01-01

    Despite the ubiquitous presence of the term "career patterns" in the discourse about careers, the existing empirical evidence on (managerial) career patterns is rather limited. From this literature review of 33 published empirical studies of managerial and similar professional career patterns found

  18. Student Academic Performance in Undergraduate Managerial-Accounting Courses

    Science.gov (United States)

    Al-Twaijry, Abdulrahman Ali

    2010-01-01

    The author's purpose was to identify potential factors possibly affecting student performance in three sequential management-accounting courses: Managerial Accounting (MA), Cost Accounting (CA), and Advanced Managerial Accounting (AMA) within the Saudi Arabian context. The sample, which was used to test the developed hypotheses, included 312…

  19. The Managerial Roles of Academic Library Directors: The Mintzberg Model.

    Science.gov (United States)

    Moskowitz, Michael Ann

    1986-01-01

    A study based on a model developed by Henry Mintzberg examined the internal and external managerial roles of 126 New England college and university library directors. Survey results indicate that the 97 responding directors were primarily involved with internal managerial roles and work contacts. (CDD)

  20. Low-level waste packaging--a managerial perspective

    International Nuclear Information System (INIS)

    Motl, G.P.; Hebbard, L.B. Jr.

    1980-01-01

    This paper emphasizes managerial responsibility for assuring that facility waste is properly packaged. Specifically, existing packaging regulations are summarized, several actual violations are reviewed and, lastly, some recommendations are made to assist managerial personnel in fulfilling their responsibility to ensure that low-level waste is packaged safely and properly before shipment to the disposal site

  1. Evaluating Managerial Skills for Business Education in a ...

    African Journals Online (AJOL)

    This will go a long way in determining whether Business Education is still relevant in accomplishing its goals such as provision of managerial skills for economic sustainability. Based on the above, the researchers thought it reasonable to evaluate the managerial skills acquired through Business Education in present day ...

  2. Gender Influence On Managerial Efficiency Of Academic Librarians ...

    African Journals Online (AJOL)

    This study discusses the influences of gender on managerial efficiency of academic librarians in Nigeria. The rationale for the study was to investigate if gender grouping has an influence on the managerial competence of librarians in Nigeria. The total enumeration sampling technique with a questionnaire instrument was ...

  3. Chosen methods and tools for measuring managerial competencies

    Directory of Open Access Journals (Sweden)

    Gabriela Roszyk-Kowalska

    2016-12-01

    Full Text Available In contemporary enterprises, a lot of attention is devoted to notions regarding human capital in an organization, putting increasingly higher emphasis on specific professional competences, especially to managerial ones, which are crucial in efficient management of human resources. To achieve satisfactory results, it is at first worth to get familiar with methods and tools, which thanks to scientific research, can be implemented into systems of improving managerial competences, assessing them and adjusting possibilities of elimination of disadvantages and improvement of manager’s assets. The article embraces an attempt to analyze research methods regarding managerial competences, because not only scientific staff works on development of new techniques referring to managerial competences, as such actions may be also identified in case of commercial advisory companies. A reason for searching for new tools lays in continuously increasing requirements, especially within the already competitive market of workers of managerial personnel.

  4. Economic Organization and Imperfect Managerial Knowledge

    DEFF Research Database (Denmark)

    Jensen, Henrik

    question guiding this effort is: What managerial challenges arise from having distributed knowledge within a firm and how does the manager’s knowledge of this knowledge matter for economic organization? The dissertation consists of three research papers, each exploring a dimension of the research question....... The first paper investigates antecedents of coordination break-down and how teams differ in their ability to coordinate specialized knowledge and skills. The second paper provides a theoretical framework for theorizing about the role of managers’ knowledge about employees’ knowledge for economic......When companies depend on knowledge distributed among employees, managers play a key role in establishing cooperation and coordination systems. This dissertation investigates the implications of managers’ knowledge about the knowledge and skills of employees for economic organization. The research...

  5. The Visual Image in Managerial Communication

    Directory of Open Access Journals (Sweden)

    Tudor Ioan

    2016-07-01

    Full Text Available The increasing proliferation and diversification of artificial languages have become a prerequisite for an efficient managerial discourse. The inclusion of language in a philosophy of management is justified by at least three reasons: language becomes the condition, the model and the object of scientific management. Implementing one�s management plan is consistent with the ability to send easily decipherable messages. It is a fact that one of the most important qualities of a leader is his or her ability to communicate. Career success is conditioned by facilitating the ease of communication between employees and superiors. Communication skills can lauch or ruin a career. Advances in messaging technology have a profound impact on our psychology. Communication through image, especially nowadays, is of particular importance. Included among the expressive behaviors, nonverbal communication is characterized by several aspects.

  6. HEDGE FUND MANAGERIAL INCENTIVES AND PERFORMANCE

    Directory of Open Access Journals (Sweden)

    Nor Hadaliza ABD RAHMAN

    2011-07-01

    Full Text Available The growth of the hedge fund industry over the decades has brought an interesting form of performance contract between the portfolio managers and their investors. The contractual relation has given an impact to the performance of the hedge fund industry, which benefited both fund managers and investors. Furthermore, it has created more investors and fund managers to participate in this high risk and high return investment. Currently, many issues on fee structures and performancebased incentives have been discussed. Do these issues affect the performance of the hedge fund in the market? This paper will investigate the issues in Australian market. It will empirically analyze the hedge fund performance in relation to the market performance and whether managerial incentives and discretions associated with better fund performance.

  7. The laboratory workforce shortage: a managerial perspective.

    Science.gov (United States)

    Cortelyou-Ward, Kendall; Ramirez, Bernardo; Rotarius, Timothy

    2011-01-01

    Most clinical laboratories in the nation report severe difficulties in recruitment and retention of most types of personnel. Other important factors impacting this problem include work complexities, increased automation, and a graying workforce. As a further challenge, institutional needs for clinical laboratory personnel are expected to grow significantly in the next decade. This article examines the current situation of the clinical laboratory workforce. It analyzes the different types of personnel; the managerial, supervision, and line positions that are key for different types of laboratories; the job outlook and recent projections for different types of staff; and the current issues, trends, and challenges of the laboratory workforce. Laboratory managers need to take action with strategies suggested for overcoming these challenges. Most importantly, they need to become transformational leaders by developing effective staffing models, fostering healthy and productive work environments, and creating value with a strategic management culture and implementation of knowledge management.

  8. THE IMPACT OF MANAGERIAL COMPETENCIES ON THE MANAGERIAL PERFORMANCE IN THE EDUCATIONAL SYSTEM

    OpenAIRE

    Cristina, STAN

    2015-01-01

    The concept of competence in science education is in the midst of individual and collective performance. The complexity of the activity of running school has found a certain specific of its management that is materialized in two dimensions of the school activity: the variety of categories of staff and the interpersonal relationship, culture and work climate. All these result in the formation and development of a set of skills specific to the managerial field and necessary to the director of s...

  9. What Determines the Financing Decision in Corporate Takeovers : Cost of Capital, Agency Problems or the Means of Payment?

    NARCIS (Netherlands)

    Martynova, M.; Renneboog, L.D.R.

    2008-01-01

    While the means of payment in takeovers has been a focal point in the takeover literature, what has largely been ignored is the analysis of how the takeover bid is financed and what its impact is on the expected value creation of the takeover. This paper investigates the sources of transaction

  10. Strategic Management in Hospitals: Tensions between the Managerial and Institutional Lens

    Directory of Open Access Journals (Sweden)

    Lucilaine Maria Pascuci

    2017-07-01

    Full Text Available The relationship between organizations and their environments has been object of study by scholars of the theory of organizations and in discussions concerning organizational strategy. When these perspectives come together, two sets of different but overlapping forces in the strategy formation process are highlighted. The purpose of this study is to analyze how strategic management contributed to reducing tensions derived from managerial and institutional logics in philanthropic hospitals. It is a comparative case study, with a multi-method approach. The data were examined using narrative and document analysis techniques. The analysis indicated that integrating organizational-managerialist and institutional perspectives raises continuous tensions within organizations with a direct impact on managerial decisions, strategic actions and performance. The strategic management approach should be sensitive enough to recognize and reduce these tensions and find ways to integrate them more effectively. This effort requires a combination of strong leadership skills and appropriate managerial tools. Flexibility, adaptability, creativity and informal interactions should be the basis of any strategic initiatives. Daring and innovation of the hospitals - more than acquiescence - are essential to their social and financial sustainability.

  11. REVISITING SCHEIN (1965 STUDY ON THE MANAGERIAL VALUES AND ATTITUDES OF MBA STUDENTS

    Directory of Open Access Journals (Sweden)

    A. Gonul Demirel

    2015-04-01

    Full Text Available As schools are organized networks of socializing experiences which prepare individuals to act in society, MBA programs are the socializing media to prepare the future managers. Our study is “a partial replication” of the study done by Schein (1965. The same constructs are used in the questionnaire of the present study. Assuming that what is valued by managers influences how those individuals make business decisions, we aim to find out the managerial values and attitudes of MBA students. We also aim to draw the attention of the faculty members to think about what attitudes, beliefs, and values MBA students are learning and what might the faculty contributions be to the transfer of managerial values. Therefore, the main question of our study is “What are the major managerial values and attitudes of our MBA students?” A second intended contribution of this study is the validation of the scales. The goal of science is empirical generalization, or knowledge development. Systematically conducted replications with extensions facilitate this goal. Keeping this in mind our reconsidering the original constructs of the Schein (1965 study contributes to the validation of at least some of these original constructs.

  12. Assessing managerial information needs: Modification and evaluation of the Hospital Shift Leaders' Information Needs Questionnaire.

    Science.gov (United States)

    Peltonen, Laura-Maria; Lundgrén-Laine, Heljä; Siirala, Eriikka; Löyttyniemi, Eliisa; Aantaa, Riku; Salanterä, Sanna

    2018-03-01

    The aims were (1) to evaluate the modified version of the Intensive Care Unit Information Need Questionnaire for the broader hospital setting, and (2) to describe the differences in respondents' managerial activities and information needs according to the position held by the respondent and the type of hospital unit. Information systems do not support managerial decision-making sufficiently and information needed in the day-to-day operations management in hospital units is unknown. An existing questionnaire was modified and evaluated. Shift leaders, that is, the nurses and physicians responsible for the day-to-day operations management in hospital units were reached using purposive sampling (n = 258). The questionnaire ascertained the importance of information. Cronbach's α ranged from .85-.96 for the subscales. Item - total correlations showed good explanatory power. Managerial activities and information needs differed between respondents in different positions, although all shared about one-third of important information needs. The response rate was 26% (n = 67). The validity and reliability of the questionnaire were good. Attention should be paid to the positions of shift leaders when developing information systems. The questionnaire can be used to determine important information when developing information systems to support day-to-day operations management in hospitals. © 2018 John Wiley & Sons Ltd.

  13. MANAGERIAL COMMUNICATION - PREMISE FOR THE INCREASE OF ECONOMIC AGENTS’ PERFORMANCE

    Directory of Open Access Journals (Sweden)

    ADRIAN MOCANU

    2015-12-01

    Full Text Available Managerial communication is a vital factor in achieving maximum efficiency within an organization, its purpose being the achievement of correct, efficient and effective information both vertically and horizontally, in order to achieve optimal use of internal and external requirements and consistent with the established managerial and organizational objectives. In order to obtain a managerial communication leading to maximum results require a detailed analysis of the basic communicative activities of managers, analysis which represents, in fact, the purpose of this article. Keywords: communication, manager, efficiency, performance

  14. Sistem Pendukung Keputusan Pemilihan Line-up Pemain Sepak Bola Menggunakan Metode Fuzzy Multiple Attribute Decision Making dan K-Means Clustering

    Directory of Open Access Journals (Sweden)

    Aldi Nurzahputra

    2017-07-01

    Full Text Available In football, the selection of players line-up is based on their statistical performance. In this research, the line-up selection can implement the decision support system (DSS with FMADM SAW method. The criterias were used are goal, assists, saves, clean sheets, yellow cards, red cards, games, and an own goal. Then, the assessment players performance is using K-Means Clustering. There are two clusters: cluster_cukup and cluster_baik. The system used Manchester City player data in Forward, Mildfilder, Defender and Goal Keeper position. The purpose of this research is applying the FMADM and K-Means Clustering method to the system. Based on the results, the line-up selection can be processed by FMADM method and the performance assessed by K-Means Clustering method. By using the system, the selection and the assessment can be conducted and give the best decision for footbal coach objectively. Dalam sepak bola, pemilihan line-up pemain oleh pelatih dilakukan berdasarkan statistik yang dimiliki pemain. Penelitian ini menerapkan sistem pendukung keputusan (SPK dengan metode FMADM SAW untuk memilih pemain dari hasil pembobotan dari beberapa kriteria, yaitu goal, assist, saves, clean sheet, kartu kuning, kartu merah, main, dan gol bunuh diri. Penilaian performa pemain menggunakan metode K-Means clustering dengan dua cluster, yaitu cluster_cukup dan cluster_baik. Data yang digunakan dalam sistem ini menggunakan data pemain club Manchester City dengan posisi Forward, Mildfilder, Defender, dan Goal Keeper. Berdasarkan hasil yang diteliti, data statistik pemain dapat diolah dengan metode FMADM dan penilaian performa dengan metode K-Means clustering. Dengan adanya sistem ini, pemilihan dan penilaian dilakukan secara objektif dan memberikan pilihan untuk pelatih dalam mengambil keputusan.

  15. Managerial leadership in the micro hermeneutics school

    Directory of Open Access Journals (Sweden)

    Elsy Rodriguez

    2016-12-01

    Full Text Available In the present work, we analyze in a theoretical way the micropolitics of the centers for understand the singularity in the school organization. The literature review leads to the conclusion, that while the struggle comply an important role in the political arena of the schools, this can be manage through the executive leadership, it’s a necessary role but not ever assumable by the school principals, on the other hand, the reflection around the issue put the conflict and leadership as a factor that influence in the social fabric of an educational community. The first is inherent in the daily dynamics of every organization, including the school, because emerges from the interaction between people, each one with ideologies and ways to read the reality in different way. Situation that gives rise to diversity of goals on which we must agree. Therefore, the negotiation that leads to the parties to reach agreement requires the exercise of a leadership from the management function to avoid polarization of ideas and eventually work for the common good. That is to say the leadership in the managerial function is an important role for promote dialogue in the centers, for motivate to the members of the educational community to participate in future changes, in benefit of all and not a few, and achieve consensus without this implying shield the democracy. 

  16. CONSIDERATIONS ON MANAGERIAL ETHICS IN SPORTS ORGANIZATIONS

    Directory of Open Access Journals (Sweden)

    Mihai Constantin Razvan BARBU

    2012-01-01

    Full Text Available The scholarly literature in the ethics field approaches the ethical management issue in different areas such as accounting, retail, banking, public institutions or private companies. The subject of sports managers’ ethics is not very well highlighted in the national literature, as "sports industry" is constantly evolving. Sports have a strong impact on the national culture, influencing the values of millions of spectators and participants. The definition of sports given by the Council of Europe is "all forms of physical activity which, through more or less organized participation, aim at expressing or improving physical and psychological condition, the development of social relationships or obtaining positive results in all levels competitions". In this paper we conducted a study on managerial ethics tools within sports clubs. The used methodology involved the intersection of the main current stage of knowledge and the formulation of new judgments. The study identified and highlighted the major role of the manager of sports clubs in providing the framework for the manifestation of ethical behaviors.

  17. The Importance of Managerial Communication in the Activity of a Firm

    Directory of Open Access Journals (Sweden)

    Marcel Laurentiu ROMANESCU

    2016-12-01

    Full Text Available Communication is a fundamental feature of existence. All managerial functions are made through communication, as a process of understanding between people by means of information transfer. In the attempt of defining the notion of communication it should not lose sight that this is a means and not an purpose, which gives managers the opportunity to lead. Communication, in management science, is known as a main activity of the managers, being considered as a component of the management function. Communication or exchange of information, ideas and feelings, was defined as an interpersonal process of transmission and reception of symbols that have meanings attached.

  18. FORMATION OF THE ICT COMPETENCE OF MANAGERIAL AND PEDAGOGICAL STAFF IN A NETWORKING

    Directory of Open Access Journals (Sweden)

    O. A. Kozlov

    2016-01-01

    Full Text Available The questions related to the preparation of modern pedagogical and managerial staff to implement the capabilities of information and communication technologies in the professional activities in terms of networking. The authors found that the scientific-pedagogical conditions of formation of the ICT competencies of management and teaching staff as the coordinator of modernization of education are: to form approaches and principles of formation of the ICT competencies of management and teaching staff and the willingness of the professional community in the formation of the ICT competencies of management and teaching staff as the modernization of the coordinators education in networking Determined ways and means to achieve teaching and administrative staff of professional ICT competence under network interaction. Said factors that provide an optimal model to achieve the professional pedagogical ICT competence and managerial personnel under network interaction.

  19. Lessons From Managerial Theories for Improving Virtualness in Electronic Business

    NARCIS (Netherlands)

    Wassenaar, Arjen; Govindaraju, Rajesri; Govindaraju, R.; Moreno Bragado, Elisa; Moreno Bragado, Elisa; von Raesfeld Meijer, Ariane M.; Ribbers, Pieter; Swagerman, D.M.; Sieber, Pascal; Griese, Joachim

    1998-01-01

    Electronic business and virtual organisations are important research topics in the IS research community today. At the same time these research topics are very appropriate for interdisciplinary research. The panel aims: - presentation of lessons from managerial theories for improving organisational

  20. THE IMPACT OF ORGANIZATION'S PERSONALITY ON MANAGERIAL BEHAVIOR

    Directory of Open Access Journals (Sweden)

    Costin Mădălina-Adriana

    2010-07-01

    Full Text Available Organizational climate and the conditions that determine the "personality" of an organization represent important factors in determining the managerial behavior. Climate and behaviors are strongly influenced by organizational culture. Managerial behavior is determined by the variety of ways of realizing functions and by their attitude to employees and subordinates. These features of the each manager’ behavior is defined management style. This study examined the relationship between individual’s personality, organization’s personality, the environmental factors and managerial behavior. Data were collected from thirty enterprises (micro, small and mediums from Bihor County. The results obtained from these sources suggested that the size of the lead group has a great influence on managerial behavior.

  1. Determinants of Quit Behavior Among Managerial and Professional Women

    Science.gov (United States)

    1986-12-01

    to socialization or discrimination is the major cause of women’s over representation in crowded occupations. Some studies relate the amount of specific...c.l ^16 Arrowood Determinan ^t:^ of quit behavior aifiong managerial and professional women.

  2. Influence of Managerial Accounting Skills on SME's on the Success ...

    African Journals Online (AJOL)

    Influence of Managerial Accounting Skills on SME's on the Success and ... SMEs such as strategic management, financial, marketing, human resource and ICT and ... A census research design was used, with a self administered questionnaire ...

  3. managerial ability and farming success : an analysis of small ...

    African Journals Online (AJOL)

    This research and analysis drew from the field of Industrial Psychology to determine and ... capital and sound financial structure within farmers' business, market access, ... managerial ability and strong entrepreneurial instinct; ability to handle.

  4. Selection of the number of moderator circuits for Argos PHWR 380 by means of multicriteria decision aiding technique

    International Nuclear Information System (INIS)

    Espejo, J.A.

    1989-01-01

    One of the problems in the design of Argos PHWR 380 was the selection of the number of moderator circuits. Two options were proposed, one with three circuits and the other with two circuits. The multicriteria outranking technique was applied to choose the best option. This method has the ability to handle both commensurable and qualitative criteria. It was considered The following prior criteria were cosidered to estimate the weighting factors in decreasing order of importance: public safety, licensing risk, availability (from the point of view of service quality), investment, normal operating dose. The qualification of these factors is discussed in the report as well as the utility functions. For the criteria operating cost and normal operating dose the differences between the utility values of the two options are masked by other factors. For this reason these two criteria were excluded and the analysis was made taking into account the remainding four criteria. The utility matrix was made with the utility values. From the utility matrix and the weighting factors, the concordance and the discordance matrixes were obtained. Adopting appropriate thresholds, both options were compared with the aid of the code Mulcri - I. The result of the comparison, described in the report, shows that the option of three moderator circuits is preferable to the option of two circuits. With the help of code Mulcri - I, a sensitivity analysis by modifying the utility values one by one was made. The analysis shows those variations lower than 50 % which do not revert the result. Variations from 50 % to 80 % revert the result in only a few cases. This means that it is not necessary to go deeper in the analysis of the estimations of the utility values. It is concluded that the option of three circuits finally adopted in Argos PHWR 380 design is preferable to the option of two circuits. (Author)

  5. Managerial capacity in the innovation process and firm profitability

    OpenAIRE

    Giovanni Cerulli; Bianca Potì

    2013-01-01

    This paper studies at firm level the relation between managerial capacity in doing innovation and profitability. Moving along the intersection between the evolutionary/neo-Schumpeterian theory and the Resource-Based-View of the firm, we prove econometrically that managerial efficiency in mastering the production of innovation is an important determinant of firm innovative performance and market success, and that it complements traditional Schumpeterian drivers. By using a Stochastic Frontier ...

  6. A methodology to measure the degre of managerial innovation

    Directory of Open Access Journals (Sweden)

    Mustafa Batuhan Ayhan

    2014-01-01

    Full Text Available Purpose: The main objective of this study is to introduce the concept of managerial innovation and to propose a quantitative methodology to measure the degree of managerial innovation capability by analyzing the evolution of the techniques used for management functions.Design/methodology/approach: The methodology mainly focuses on the different techniques used for each management functions namely; Planning, Organizing, Leading, Controlling and Coordinating. These functions are studied and the different techniques used for them are listed. Since the techniques used for these management functions evolve in time due to technological and social changes, a methodology is required to measure the degree of managerial innovation capability. This competency is measured through an analysis performed to point out which techniques used for each of these functions.Findings: To check the validity and applicability of this methodology, it is implemented to a manufacturing company. Depending on the results of the implementation, enhancements are suggested to the company for each function to survive in the changing managerial conditionsResearch limitations/implications: The primary limitation of this study is the implementation area. Although the study is implemented in just a single manufacturing company, it is welcomed to apply the same methodology to measure the managerial innovation capabilities of other manufacturing companies. Moreover, the model is ready to be adapted to different sectors although it is mainly prepared for manufacturing sector.Originality/value: Although innovation management is widely studied, managerial innovation is a new concept and introduced to measure the capability to challenge the changes occur in managerial functions. As a brief this methodology aims to be a pioneer in the field of managerial innovation regarding the evolution of management functions. Therefore it is expected to lead more studies to inspect the progress of

  7. A methodology to measure the degre of managerial innovation

    OpenAIRE

    Ayhan, Mustafa Batuhan; Oztemel, Ercan

    2014-01-01

    Purpose: The main objective of this study is to introduce the concept of managerial innovation and to propose a quantitative methodology to measure the degree of managerial innovation capability by analyzing the evolution of the techniques used for management functions.Design/methodology/approach: The methodology mainly focuses on the different techniques used for each management functions namely; Planning, Organizing, Leading, Controlling and Coordinating. These functions are studied and the...

  8. Comparative Analysis Of Online Recruitment And Managerial Capabilities

    OpenAIRE

    Roblyn Simeon

    2011-01-01

    On-line recruitment is a phenomenon that is not only changing the traditional approach to human resource management but is also having a significant impact on other business strategies. Managerial recruitment appears to be the area having the greatest influence on business strategy. We examined two theoretical perspectives that help to explain the importance in the U.S. of aggressive screening and competence matching as firms seek out exceptional managerial candidates. We then used data colle...

  9. Managerial Perspective on Open Source Collaboration and Networked Innovation

    OpenAIRE

    Henttonen Maaret Katja; Pasi Pussinen; Timo Koivumäki

    2012-01-01

    This study explores the managerial perspectives towards open source software and networked innovation. We analysed six software companies who use open source software as a significant part of their product or service offering. The study found notable differences in managerial attitudes, expected benefits and key challenges related to open source software and its role in innovative activities. While all companies were using same pieces of software with open source communities, there were diffe...

  10. Chosen methods and tools for measuring managerial competencies

    OpenAIRE

    Gabriela Roszyk-Kowalska

    2016-01-01

    In contemporary enterprises, a lot of attention is devoted to notions regarding human capital in an organization, putting increasingly higher emphasis on specific professional competences, especially to managerial ones, which are crucial in efficient management of human resources. To achieve satisfactory results, it is at first worth to get familiar with methods and tools, which thanks to scientific research, can be implemented into systems of improving managerial competences, assessing them ...

  11. The Managerial Approach in Public Administration Studies (II

    Directory of Open Access Journals (Sweden)

    Cristina MORA

    2002-06-01

    Full Text Available The current paper has analyzed in its first installment the causes for the decrease in the interest vested in scientific management, while accepting its virtues as the starting point for a managerial approach to public administration. This paper points out that the above-mentioned bureaucratic model is no match for the process of organizing public administration, when change in managerial terms is compulsory.

  12. Managerial incentives for attracting attention and firm investor base

    OpenAIRE

    Papiashvili, Nino

    2016-01-01

    This thesis studies how managerial incentives relate to strategic transmission of soft information from managers to investors in order to attract attention of financial markets. Additionally, I study trading reaction of different investors (large sophisticated vs. small individual) to CEO voluntary announcements and how their trading is affected when managerial incentives are taken into account. I use large panel data and several alternative proxies for soft information togethe...

  13. Accounting and reporting in small businesses: managerial aspect

    OpenAIRE

    Gogol Tatyana A.

    2013-01-01

    The article states that development of small businesses envisages formation and use of a wide spectrum of economic information for providing managerial structure with timely and quality information, which requires creation of a system of managerial accounting and reporting, which should not contradict to the principle of expenses – benefits relation, when expenses on introduction of such a system would exceed the effect obtained from its functioning. It adds that the main requirements of buil...

  14. Managerial Strategies for the Conservation of Rurality in Rural Tourism

    Directory of Open Access Journals (Sweden)

    Cornelia Petroman

    2010-10-01

    Full Text Available If we admit that rurality designates small densities, open areas, small settlements below 1,000 inhabitants, and land reserved mainly to agricultural and forestry practices, and as natural area, if we admit that society tends to be traditional and that government al policies tend to conserve rather than to make rapid or radical changes, then we should admit that rural tourism should be an activity generating new incomes in the area. Rurality also means preserving a continuum in the approach of different types of areas with different characteristics, a concept that can also be of use in the identification of activities specific to rural tourism. Be they activities specific to the rural environment or activities common to the rural area, they need to aim at the conservation of rurality as a main tourism resource. Managerial strategies in rural tourism contribute effectively to rural development, provided they are sustainable and that rural tourism be not the only solution for rural development.

  15. Conditions of Forming of Managerial Competences of the Enterprise

    OpenAIRE

    Denisyuk Olga V.

    2012-01-01

    The article analyzes the involvement of industrial enterprises in innovation, the tendency of managers to implement innovations. The conditions of formation of managerial competences are defined by means of laying the emphasis on financial, investment, industrial, and educational and qualification factors.В статье проанализирована степень участия промышленных предприятий в инновационной деятельности, склонность управленцев к внедрению нововведений. Определены условия формирования управленческ...

  16. Managerial functions of organizing and leading people in MLM organizations and their manifestations in historical schools of managerial thinking

    OpenAIRE

    Košnarová, Zita

    2013-01-01

    The article looks into managerial functions of organizing and leading in multilevel marketing (MLM) organizations, focusing on the creation of organizational structures and the style of leadership. Paper is trying to identify what historical trends of managerial thinking these functions are derived from and what other trends influenced them. The functions are studied in a concrete MLM organization in which the organizational structure and the style of leading people are defined. The article d...

  17. The Impact of Managerial and Adaptive Capabilities to Stimulate Organizational Innovation in SMEs: A Complementary PLS–SEM Approach

    Directory of Open Access Journals (Sweden)

    Zulfiqar Ali

    2017-11-01

    Full Text Available The aim of this study is to empirically explore and propose a rigorous model for the positive impact of managerial capability (in terms of decision-making, management style, people development, and succession planning and adaptive capability (in terms of horizon scanning, change management, and resilience on organizational innovation in the context of small and medium-sized enterprises (SMEs. The study uses partial least squares structural equation modeling (PLS–SEM to test the model hypotheses, and importance-performance matrix analysis (IPMA to provide information regarding the significance and relevance of the dimensions of managerial and adaptive capability in explaining organizational innovation in the proposed model. The empirical data is gathered through questionnaires from 210 SMEs. The results show a strong and significant relationship between managerial capability, adaptive capability, and organizational innovation. This study found that all of the dimensions of managerial capability and adaptive capability help to develop and improve the performance of organizational innovation in SMEs. The study concludes with a comprehensive discussion of the research limitations, and provides suggestions for future research.

  18. Economic and Managerial Analysis of Effective Managerial Strategies on Prevention from Ketosis in Transition Period in Shahroud Commercial Dairy Farms

    Science.gov (United States)

    Kashfi, H.; Yazdani, A. R.; Latifi, M.; Shirani Bidabadi, F.

    2011-01-01

    The purpose of this research is to study any effects of managerial strategies on prevention of ketosis metabolic disorder in transition period in Shahroud commercial dairy farms. For this purpose, a questionnaire was prepared in order to obtain required information about the performance of these managerial strategies, performance costs, involvement situation with disorders relying upon clinical signs and treatment and health records, producing and economic situation, and fertility rate and its costs. The considered managerial guidelines include body condition score management or type evaluation in transition period, increase in dry matter intake close to parturition, using propylene glycol, using niacin, and high-quality feeding (the importance of feed quality) in transition period. Finally and upon arrangement of data, it was possible to study any effects of mentioned managerial strategies on related variants through multiple linear regressions. Furthermore, in order to study any relation among variables, we considered Pearson correlation coefficients as well. Finally, it was revealed that any application of managerial strategies for prevention from Ketosis in transition period has a significant effect in betterment of managerial and economic parameters. PMID:23738102

  19. The relative meaning of absolute numbers: the case of pain intensity scores as decision support systems for pain management of patients with dementia.

    Science.gov (United States)

    Lichtner, Valentina; Dowding, Dawn; Closs, S José

    2015-12-24

    Assessment and management of pain in patients with dementia is known to be challenging, due to patients' cognitive and/or communication difficulties. In the UK, pain in hospital is managed through regular assessments, with the use of pain intensity scores as triggers for action. The aim of this study was to understand current pain assessment practices, in order to later inform the development of a decision support tool designed to improve the management of pain for people with dementia in hospital. An exploratory study was conducted in four hospitals in the UK (11 wards), with observations of patients with dementia (n = 31), interviews of staff (n = 52) and patients' family members (n = 4) and documentary analysis. A thematic analysis was carried out, structured along dimensions of decision making. This paper focuses on the emergent themes related to the use of assessment tools and pain intensity scores. A variety of tools were used to record pain intensity, usually with numerical scales. None of the tools in actual use had been specifically designed for patients with cognitive impairment. With patients with more severe dementia, the patient's body language and other cues were studied to infer pain intensity and then a score entered on behalf of the patient. Information regarding the temporality of pain and changes in pain experience (rather than a score at a single point in time) seemed to be most useful to the assessment of pain. Given the inherent uncertainty of the meaning of pain scores for patients with dementia, numerical scales were used with caution. Numerical scores triggered action but their meaning was relative - to the patient, to the clinician, to the time of recording and to the purpose of documenting. There are implications for use of data and computerized decision support systems design. Decision support interventions should include personalized alerting cut-off scores for individual patients, display pain scores over time and integrate

  20. The meaning of evidence-based management to Brazilian senior nurse leaders.

    Science.gov (United States)

    Spiri, Wilza Carla; MacPhee, Maura

    2013-09-01

    The study objective was to understand the meaning of evidence-based management for senior nurse leaders in accredited, public hospitals in the State of Sao Paulo, Brazil. A phenomenological approach was used to analyze interviews conducted with 10 senior nurse leaders between August 2011 and March 2012. The analytic method was developed by the Brazilian phenomenologist, Martins. Senior nurse leaders described how they critically appraise many sources of evidence when making managerial decisions. They emphasized the importance of working with their teams to locally adapt and evaluate best evidence associated with managerial decision making and organizational innovations. Their statements also demonstrated how they use evidence-based management to support the adoption of evidence-based practices. They did not, however, provide specific strategies for seeking out and obtaining evidence. Notable challenges were traditional cultures and rigid bureaucracies, while major facilitators included accreditation, teamwork, and shared decision making. Evidence-based management necessitates a continuous process of locating, implementing, and evaluating evidence. In this study leaders provided multiple, concrete examples of all these processes except seeking out and locating evidence. They also gave examples of other leadership skills associated with successful adoption of evidence-based practice and management, particularly interdisciplinary teamwork and shared decision making. This study demonstrates senior nurse leaders' awareness and utilization of evidence-based management. The study also suggests what aspects of evidence-based management need further development, such as more active identification of potential, new organizational innovations. © 2013 Sigma Theta Tau International.

  1. Influence of Culture on the Process of Managing Decisions Adoption

    Directory of Open Access Journals (Sweden)

    Florin-Lucian Isac

    2015-01-01

    Full Text Available Different cultural environment requires a corresponding managerial environment. The process of managing decisions adoption is influenced by the values, attitudes, beliefs and behaviors of the employees.

  2. Educational technologies in the system of managerial staff mentoring

    Directory of Open Access Journals (Sweden)

    L. P. Gancharik

    2016-01-01

    Full Text Available Investigations related to educational technologies, ensuring the Investigations are related to the educational technologies, ensuring the formation and support of a system of mentoring of managerial staff on the basis of the «cascade» technology training. A new form of cascade training – academic cascade training when the educational institutions create a large-scale information and educational environment on the basis of telecommunication technologies to provide the institute mentoring support in the state bodies and organizations.In comparison with the traditional mentoring (personal experience, students and graduates of the retraining system of educational institutions can transmit the knowledge and skills, acquired by them in the course of training, to the young managers and specialists of their organizations, thereby promoting further innovative educational potential of educational institutions through a system of cascading mentoring. For this purpose, in educational institutions an interactive educational environment is created based on telecommunication technologies, which allows you to create and develop a common information space, to simplify the procedure for communicating the mentors and trainees, to provide a wide access to the content. Telecommunication information technologies are not only a powerful tool, intelligent instrument and means of creating a cascade learning environment, but also an important factor in improving the entire methodical system of mentoring.It is proposed the creation of a large-scale information and educational environment on the basis of telecommunication technologies for cascade training when the educational institutions may become a part of the mentoring institution. On the one hand, they prepare students, including both potential mentors, and on the other hand, using modern telecommunication educational technologies, they participate together with the students-mentors in mentoring activity in

  3. Incorporating ecosystem function concept in environmental planning and decision making by means of multi-criteria evaluation: the case-study of Kalloni, Lesbos, Greece.

    Science.gov (United States)

    Oikonomou, Vera; Dimitrakopoulos, Panayiotis G; Troumbis, Andreas Y

    2011-01-01

    Nature provides life-support services which do not merely constitute the basis for ecosystem integrity but also benefit human societies. The importance of such multiple outputs is often ignored or underestimated in environmental planning and decision making. The economic valuation of ecosystem functions or services has been widely used to make these benefits economically visible and thus address this deficiency. Alternatively, the relative importance of the components of ecosystem value can be identified and compared by means of multi-criteria evaluation. Hereupon, this article proposes a conceptual framework that couples ecosystem function analysis, multi criteria evaluation and social research methodologies for introducing an ecosystem function-based planning and management approach. The framework consists of five steps providing the structure of a participative decision making process which is then tested and ratified, by applying the discrete multi-criteria method NAIADE, in the Kalloni Natura 2000 site, on Lesbos, Greece. Three scenarios were developed and evaluated with regard to their impacts on the different types of ecosystem functions and the social actors' value judgements. A conflict analysis permitted the better elaboration of the different views, outlining the coalitions formed in the local community and shaping the way towards reaching a consensus.

  4. A Two-Stage Approach for Improving the Convergence of Least-Mean-Square Adaptive Decision-Feedback Equalizers in the Presence of Severe Narrowband Interference

    Science.gov (United States)

    Batra, Arun; Zeidler, James R.; Beex, A. A. Louis

    2007-12-01

    It has previously been shown that a least-mean-square (LMS) decision-feedback filter can mitigate the effect of narrowband interference (L.-M. Li and L. Milstein, 1983). An adaptive implementation of the filter was shown to converge relatively quickly for mild interference. It is shown here, however, that in the case of severe narrowband interference, the LMS decision-feedback equalizer (DFE) requires a very large number of training symbols for convergence, making it unsuitable for some types of communication systems. This paper investigates the introduction of an LMS prediction-error filter (PEF) as a prefilter to the equalizer and demonstrates that it reduces the convergence time of the two-stage system by as much as two orders of magnitude. It is also shown that the steady-state bit-error rate (BER) performance of the proposed system is still approximately equal to that attained in steady-state by the LMS DFE-only. Finally, it is shown that the two-stage system can be implemented without the use of training symbols. This two-stage structure lowers the complexity of the overall system by reducing the number of filter taps that need to be adapted, while incurring a slight loss in the steady-state BER.

  5. A Two-Stage Approach for Improving the Convergence of Least-Mean-Square Adaptive Decision-Feedback Equalizers in the Presence of Severe Narrowband Interference

    Directory of Open Access Journals (Sweden)

    A. A. (Louis Beex

    2008-02-01

    Full Text Available It has previously been shown that a least-mean-square (LMS decision-feedback filter can mitigate the effect of narrowband interference (L.-M. Li and L. Milstein, 1983. An adaptive implementation of the filter was shown to converge relatively quickly for mild interference. It is shown here, however, that in the case of severe narrowband interference, the LMS decision-feedback equalizer (DFE requires a very large number of training symbols for convergence, making it unsuitable for some types of communication systems. This paper investigates the introduction of an LMS prediction-error filter (PEF as a prefilter to the equalizer and demonstrates that it reduces the convergence time of the two-stage system by as much as two orders of magnitude. It is also shown that the steady-state bit-error rate (BER performance of the proposed system is still approximately equal to that attained in steady-state by the LMS DFE-only. Finally, it is shown that the two-stage system can be implemented without the use of training symbols. This two-stage structure lowers the complexity of the overall system by reducing the number of filter taps that need to be adapted, while incurring a slight loss in the steady-state BER.

  6. Headteachers' managerial behaviour and teachers' task ...

    African Journals Online (AJOL)

    The result of the study revealed that head teachers' decision-making strategy and head teachers' leadership style have significant influence on teachers' task performance in the sampled schools. And that head teachers' communication skills significantly relates to teachers' task performance in the area. Based on this result, ...

  7. Evolution of managerial problems from the perspective of management science

    Directory of Open Access Journals (Sweden)

    Marek Szarucki

    2015-12-01

    Full Text Available Managerial problems and the process of their solving play an important role both in the theory of management science and practice of organisations’ functioning. There is a gap in the literature related to the evolution of management problems in the context of the methodological approaches to solve them. The main goal of this paper was to analyse the evolution of the managerial problems from the perspective of management science and to present dominant methodological approaches for problem solving. Based on the extensive literature analysis in the discipline of management science, the evolution of the managerial problems was described with relation to the sixteen streams of management science. The author reviewed the selected classifications of the management theory as well as proposed his own perspective, which took into account managerial problems and their evolution over time. Moreover, there was presented an attempt to depict sources of management problems from the historical perspective within the methodological approaches of management science. Despite the broad view on management problems presented in this paper, such perspective gives a good ground for developing new more specific problem classifications, addressing different facets of managerial problems.

  8. Cost analysis and the practicing radiologist/manager: an introduction to managerial accounting.

    Science.gov (United States)

    Forman, H P; Yin, D

    1996-06-01

    Cost analysis is inherently one of the most tedious tasks falling on the shoulders of any manager. In today's world, whether in a service business such as radiology or medicine or in a product line such as car manufacturing, accurate cost analysis is critical to all aspects of management: marketing, competitive strategy, quality control, human resource management, accounting (financial), and operations management, to name but a few. This is a topic that we will explore with the intention of giving the radiologist/manager the understanding and the basic skills to use cost analysis efficiently, making sure that major financial decisions are being made with adequate cost information, and showing that cost accounting is really managerial accounting in that it pays little attention to the bottom line of financial statements but places much more emphasis on equipping managers with the information to determine budgets, prices, salaries, and incentives and influences capital budgeting decisions through an understanding of product profitability rather than firm profitability.

  9. Managerial Perspective on Open Source Collaboration and Networked Innovation

    Directory of Open Access Journals (Sweden)

    Henttonen Maaret Katja

    2012-09-01

    Full Text Available This study explores the managerial perspectives towards open source software and networked innovation. We analysed six software companies who use open source software as a significant part of their product or service offering. The study found notable differences in managerial attitudes, expected benefits and key challenges related to open source software and its role in innovative activities. While all companies were using same pieces of software with open source communities, there were different levels of engagement in the development of the software and information flows between companies and communities. A deeper level of involvement enables the exchange of more than just the code: like ideas, influences, opinions and even innovations or parts of them. The differences in managerial views on open source and networked innovation may be explained by industry domains, value chain position and leadership style

  10. Understanding the managerial state: a few theoretical tools

    Directory of Open Access Journals (Sweden)

    Iana Gomes de Lima

    2012-06-01

    Full Text Available This article offers theoretical tools to the analysis of the state and contemporary public policies, with special attention to educational policies. Utilizing mainly the contribution of John Clarke and Janet Newman and adding the concepts used by Michael Apple and Stephen Ball, this article offer theoretical lenses to theexamination of the managerial nature of the contemporary state. Through the dispersal of power, the blurring of the borders between public and private and assessment policies that control the action of public institutions, the managerial state fi ghts the Welfare State and creates the conditions to public policies that reshape the relationship between civil society and the state. The article ends with some implications to the study of educational policies, emphasizing the fact that the managerial logic does not transfer, unmediated, to all state actions.

  11. Does managerial turnover affect football club share prices?

    OpenAIRE

    Bell, Adrian; Brooks, Chris; Markham, Tom

    2013-01-01

    This paper analyses the 53 managerial sackings and resignations from 16 stock\\ud exchange listed English football clubs during the nine seasons between 2000/01 and\\ud 2008/09. The results demonstrate that, on average, a managerial sacking results in a\\ud post-announcement day market-adjusted share price rise of 0.3%, whilst a resignation\\ud leads to a drop in share price of 1% that continues for a trading month thereafter,\\ud cumulating in a negative abnormal return of over 8% from a trading ...

  12. Contributions to the Definition of the Managerial Profiles

    Directory of Open Access Journals (Sweden)

    Dan Constantinescu

    2008-01-01

    Full Text Available Considering that the superior manager variety is a result of the different levels of “accommodation” of the characteristics met in the dedicated literature, in the beginning we have summed up the opinions of the subjects of a statistical research in some managerial profiles, closer to the real life. The same procedure was applied in middle management, making some adjustments regarding the main characteristics. The last part of the study is dedicated to define the best performing managerial teams (tandems, reported to the role of the two representatives of the organizational structures in accomplishing the general objectives of each company.

  13. Scarce means with alternative uses: robbins' definition of economics and its extension to the behavioral and neurobiological study of animal decision making.

    Science.gov (United States)

    Shizgal, Peter

    2012-01-01

    Almost 80 years ago, Lionel Robbins proposed a highly influential definition of the subject matter of economics: the allocation of scarce means that have alternative ends. Robbins confined his definition to human behavior, and he strove to separate economics from the natural sciences in general and from psychology in particular. Nonetheless, I extend his definition to the behavior of non-human animals, rooting my account in psychological processes and their neural underpinnings. Some historical developments are reviewed that render such a view more plausible today than would have been the case in Robbins' time. To illustrate a neuroeconomic perspective on decision making in non-human animals, I discuss research on the rewarding effect of electrical brain stimulation. Central to this discussion is an empirically based, functional/computational model of how the subjective intensity of the electrical reward is computed and combined with subjective costs so as to determine the allocation of time to the pursuit of reward. Some successes achieved by applying the model are discussed, along with limitations, and evidence is presented regarding the roles played by several different neural populations in processes posited by the model. I present a rationale for marshaling convergent experimental methods to ground psychological and computational processes in the activity of identified neural populations, and I discuss the strengths, weaknesses, and complementarity of the individual approaches. I then sketch some recent developments that hold great promise for advancing our understanding of structure-function relationships in neuroscience in general and in the neuroeconomic study of decision making in particular.

  14. Study of Modern Approach to Build the Functional Models of Managerial and Engineering Systems in Training Specialists for Space Industry

    Directory of Open Access Journals (Sweden)

    N. V. Arhipova

    2016-01-01

    Full Text Available The SM8 Chair at Bauman Moscow State Technological University (BMSTU trains specialists majoring not only in design and manufacture, but also in operation and maintenance of space ground-based infrastructure.The learning courses in design, production, and operation of components of the missile and space technology, give much prominence to modeling. The same attention should be given to the modeling of managerial and engineering systems, with which deal both an expert and a leadman. It is important to choose the modeling tools for managerial and engineering systems with which they are to work and to learn how to apply these tools.The study of modern approach to functional modeling of managerial and engineering systems is held in the format of business game in laboratory class. A structural analysis and design technique (IDEFØ is considered as the means of modeling.The article stresses the IDEFØ approach advantages, namely: comprehensible graphical language, applicability to all-types and all-levels-of-hierarchy managerial and engineering systems modeling, popularity, version control means, teamwork tools. Moreover, the IDEFØ allows us to illustrate such notions, as point of view, system bounders, structure, control, feedback as applied to the managerial and engineering systems.The article offers a modified procedure to create an IDEFØ model in the context of training session. It also suggests a step-by-step procedure of the instruction session to be held, as well as of student self-training to have study credits, and a procedure of the work defense (final test.The approach under consideration can be applied to other training courses. The article proves it giving information about positive experience of its application.

  15. Moving from rational to normative ideologies of control over public involvement: A case of continued managerial dominance.

    Science.gov (United States)

    Croft, Charlotte; Currie, Graeme; Staniszewska, Sophie

    2016-08-01

    Public Involvement (PI) is a strategic priority in global healthcare settings, yet can be seen as peripheral during decision making processes. Whilst extant research acknowledges variations in how policy is translated into practice, the majority attribute it to the limiting influence of professional hierarchies on the perceived 'legitimacy' of PI. Drawing on examples of three commissioning organisations within the English NHS, we outline how the variance in policy implementation for PI can be attributed to influence from the managers rather than professionals. In doing so we explore how rational ideologies of managerial control negatively impact PI. However, we also illustrate how PI alluded to in policy can be more successfully realised when organisational managers enact normative ideologies of control. Notwithstanding this assertion, we argue managerial domination exists even in the case of normative ideologies of control, to the detriment of more radical PI in service development. Copyright © 2016 Elsevier Ltd. All rights reserved.

  16. Exploring Managerial Mechanisms That Influence Innovative Work Behavior

    DEFF Research Database (Denmark)

    Bysted, Rune; Jespersen, Kristina Risom

    2014-01-01

    Increasing employees’ innovative work behaviour is a complex process of developing an internal climate supportive of idea generation and realization through use of financial, participative, and decentralization mechanisms. This article investigates the effectiveness of these managerial mechanisms...... as extra-role behaviour to be compensated for. Private employees recognize innovative work behaviour as necessary behaviour for career advancement....

  17. Managerial autonomy, optimal security issuance and capital structure

    NARCIS (Netherlands)

    Boot, A.W.A.; Thakor, A.V.

    2005-01-01

    In this paper we address two related puzzles: (i) why do firms issue equity when stock prices are high and (ii) why do firms so often not issue securities to counteract the mechanical effect of their stock returns on their leverage ratios? Our theory builds on the importance of managerial autonomy

  18. Investment and Internal Finance: Asymmetric Information or Managerial Discretion?

    NARCIS (Netherlands)

    H. Degryse (Hans); A. de Jong (Abe)

    2001-01-01

    textabstractThis paper examines the relation between cash-flow availability and investment spending in the Netherlands. In particular, we are interested whether managerial discretion and/or asymmetric information drive the positive relation between cash-flow and investment spending. This relation

  19. Essays on the role of managerial type in financial reporting

    NARCIS (Netherlands)

    Jia, Y.

    2008-01-01

    In this dissertation, I combine two methodologies to venture a first attempt to explore the effect of managerial type on accounting quality. In an experimental study, I show that incentive compensation and social context (i.e., the behavior of other managers in the firm) are associated with how

  20. Valuing Professional, Managerial and Administrative Staff in HE

    Science.gov (United States)

    Duncan, David

    2014-01-01

    The article explores the role of the Registrar (Chief Operating Officer) in a university, and the ways in which we value the contributions of professional, managerial and administrative (PMA) staff. It assesses the conditions in which PMA staff work and describes the professional development opportunities they enjoy. The article goes on to analyse…

  1. Gendered Managerial Discourses in Sport Organizations: Multiplicity and Complexity

    NARCIS (Netherlands)

    Knoppers, Annelies; Anthonissen, A.

    2007-01-01

    The lack of women in senior management functions in sport may in part be attributed to dominant discursive managerial practices in sport organizations. The purpose of this study is to explore ways in which the discourses and their subtexts used by directors of Dutch national sport organizations

  2. The Managerial Behavior of Secondary School Heads in Punjab (Pakistan)

    Science.gov (United States)

    Naeemullah, Khan; Muhammad, Inamullah Hafiz; Muhammad, Sarwar; Uddin, Muhammad Naseer; Shafqat, Hussain

    2010-01-01

    The purpose of the study was to explore the perception of secondary school heads and their managerial roles. The sample of the study consisted of 56 school heads including 34 males and 22 females. A five-point scale was designed by the researchers for data collection. One of the researchers personally collected and recorded the information from…

  3. Coping With Change And Globalisation: A Study Of Managerial ...

    African Journals Online (AJOL)

    This paper draws in part on the findings from a study of managerial perceptions of Globalisation-related business issues in the island of Mauritius. The objectives of the research were to determine the degree of awareness of Mauritian senior executives regarding the Globalisation issue, and to investigate the difficulties and ...

  4. Matching Managerial Skills and Behaviour with Business Strategy ...

    African Journals Online (AJOL)

    ... number of authors. The paper then concludes that matching a manager to a business strategy needs learning. However managerial characteristics are difficult to change as business change. At best the matching concepts suits manual and technical jobs. African Journal of Finance and Management Vol.8(2) 2000: 32-36 ...

  5. Food quality management : A techno-managerial approach

    NARCIS (Netherlands)

    Luning, P.A.; Marcelis, W.J.; Jongen, W.M.F.

    2002-01-01

    The book focuses on consumer-driven Quality Management in food production systems using a product-based approach. It integrates organizational and technological aspects of food product quality into one techno-managerial concept and it presents an integrated view of how Quality Management is to be

  6. Food quality management : a technological and managerial principles and practices

    NARCIS (Netherlands)

    Luning, P.A.; Marcelis, W.J.

    2009-01-01

    This book describes Food Quality Management in one integrated concept. Firstly, all relevant aspects of food quality management are brought into one model, which forms the framework for this book. Secondly, the authors introduce the techno-managerial approach. This approach starts from the idea that

  7. Perceptions of Women's Communication Skills Related to Managerial Effectiveness.

    Science.gov (United States)

    Berryman-Fink, Cynthia

    In a study designed to document empirically perceptions about women managers' communication skills and training needs, 101 managers (53 females and 48 males) responded to two open-ended questions: (1) From your observation and experience, what specific communication skills do women possess that might help promote their managerial effectiveness?…

  8. Essays of Executive Compensation - Managerial Incentives and Disincentives

    NARCIS (Netherlands)

    K-C. Yu (Ko-Chia)

    2011-01-01

    textabstractExecutive compensation has been a central point of debates for the past 20 years, both in the academic circle and in Wall Street Journal. Have shareholders paid too much to the CEOs, or are the pay packages necessary for recruiting and keeping managerial talents? Are the structures

  9. Control by Numbers: New Managerialism and Ranking in Higher Education

    Science.gov (United States)

    Lynch, Kathleen

    2015-01-01

    This paper analyses the role of rankings as an instrument of new managerialism. It shows how rankings are reconstituting the purpose of universities, the role of academics and the definition of what it is to be a student. The paper opens by examining the forces that have facilitated the emergence of the ranking industry and the ideologies…

  10. The influence of principal managerial task performance on ...

    African Journals Online (AJOL)

    Poor performance of managerial tasks culminates declining staff productivity and thus deteriorating students academic performance. Secondary school students performance in most public examinations are not satisfactory in most states in Nigeria. Hence, this study investigate the extent to which secondary school principal ...

  11. Managerial autonomy, allocation of control rights, and optimal capital structure

    NARCIS (Netherlands)

    Boot, A.W.A.; Thakor, A.V.

    2011-01-01

    We examine the design of control rights of external financiers, and how these interact with the firm's security issuance and capital structure when the firm's initial owners and managers may disagree with new investors over project choice. The first main result is an ex ante managerial preference

  12. Local School Micropolitical Agency: An Antidote to New Managerialism

    Science.gov (United States)

    Johnson, Bruce

    2004-01-01

    This paper reports research into the micropolitical strategies used by five school leadership teams in the South Australian School-based Research and Reform Project. The research challenges many of the orthodoxies of educational managerialism. For example: the use of leadership teams made up of teachers, coordinators and senior school leaders…

  13. Managerial Cost Accounting for a Technical Information Center.

    Science.gov (United States)

    Helmkamp, John G.

    A two-fold solution to the cost information deficiency problem is proposed. A formal managerial cost accounting system is designed expressly for the two information services of retrospective search and selective dissemination. The system was employed during a trial period to test its effectiveness in a technical information center. Once…

  14. Capital Structure and Managerial Compensation : The Effects of Renumeration Seniority

    NARCIS (Netherlands)

    Calcagno, R.; Renneboog, L.D.R.

    2004-01-01

    We show that the relative seniority of debt and managerial compensation has important implications on the design of remuneration contracts.Whereas the traditional literature assumes that debt is senior to remuneration, we show that this is frequently not the case according to bankruptcy regulation

  15. The Managerial Grid; Key Orientations for Achieving Production through People.

    Science.gov (United States)

    Blake, Robert R; Mouton, Jane S.

    The Managerial Grid arranges a concern for production on the horizontal axis and a concern for people on the vertical axis of a coordinate system: 1,1 shows minimum concern for production and people; 9,1 shows major production emphasis and minimum human considerations; 1,9 shows maximum concern for friendly working conditions and minimum…

  16. Capital Structure and Managerial Compensation: the Effects of Remuneration Seniority

    NARCIS (Netherlands)

    Calcagno, R.; Renneboog, L.

    2007-01-01

    We show that the relative seniority of debt and managerial compensation has important implications for the design of remuneration contracts. Whereas the traditional literature assumes that debt is senior to remuneration, there are in reality many cases in which remuneration contracts are de facto

  17. Influence of managerial beliefs and personality on the leadership ...

    African Journals Online (AJOL)

    The study examined the influence of managerial beliefs and personality on leadership styles of managers in manufacturing and service organizations. Two hundred and three (203) managers participated110. (54.2%) were males and 93 (45.8%) were females. Managers from service organizations were 115 (56.7%) and ...

  18. Control, Contingency and Delegation in Decision-Making.

    Science.gov (United States)

    Michael, Stephen R.

    1979-01-01

    Proposes a model which emphasizes the delegation of decision-making authority and managerial control of operations. Suggests that risks can be reduced by using (1) a contingency approach to delegation, (2) decision rules for consistency, (3) decision models for specific situations, (4) vital indicator reports, (5) management by objectives, and (6)…

  19. Developing the Image and Public Reputation of Universities: The Managerial Process.

    Science.gov (United States)

    Davies, John L.; Melchiori, Gerlinda S.

    1982-01-01

    Managerial processes used in developing programs to improve an institution's public image are outlined, drawing on both theory and experience in college administration and public relations. Eight case studies provide illustrations. A five-stage managerial plan is presented. (MSE)

  20. Using Social Media as a Managerial Platform for an Educational Development Project : Cofimvaba

    CSIR Research Space (South Africa)

    Van der Vyver, AG

    2015-12-01

    Full Text Available of the project use Whatsapp, a popular social media platform to engage in managerial communication. The researchers found that this unconventional platform proved to be an excellent anchor for managerial communication on the project....

  1. Reducing Post-Decision Dissonance in International Decisions: The Analytic Hierarchy Process Approach.

    Science.gov (United States)

    DuBois, Frank L.

    1999-01-01

    Describes use of the analytic hierarchy process (AHP) as a teaching tool to illustrate the complexities of decision making in an international environment. The AHP approach uses managerial input to develop pairwise comparisons of relevant decision criteria to efficiently generate an appropriate solution. (DB)

  2. Teacher’s asserting premises and possibilities of efficient managerial styles

    OpenAIRE

    Claudiu Marian Bunăiașu

    2014-01-01

    The issue of teacher's managerial styles is unitary approached along with educational styles issue and institutional management styles issue, and is part of the class' managerial dimension. Comparative, educational and managerial styles (of the school manager) have a theoretical history and benefit from validated techniques and tools, whereas teacher's managerial styles issue are about to gain consistency as part of the pedagogical literature, and present researches emphasize their roles in e...

  3. Aspects of the Normalization of Managerial Accounting in Romania on a Microeconomic Level

    Directory of Open Access Journals (Sweden)

    Sorin BRICIU

    2011-03-01

    Full Text Available The article presents the general frame of the normalization of managerial accounting on a national level, following an incursion in its international normalization. The objectives of the normalization of managerial accounting in Romania are presented into detail, from the authors’ point of view, as well as the profile and attributions of the managerial accountant as a normalizer. The article ends with the authors’ conclusions related to the normalization of managerial accounting in Romania on a microeconomic level.

  4. Traditional Vs. Contemporary Managerial/Cost Accounting Techniques Differences Between Opinions Of Educators And Practitioners

    OpenAIRE

    M. A. Ekbatani; M. A. Sangeladji

    2011-01-01

    From the mid 1980s, the start of new movements in the field of managerial/cost accounting, a gap has emerged between the opinions of academia and practitioners regarding the degree of usefulness of managerial/cost accounting techniques. It is believed that practitioners generally prefer managerial/cost accounting techniques which are simple, practical and economically applicable. On the other hand, many authors and academia believe that the traditional managerial/cost accounting techniques ar...

  5. Managerial approach in higher agricultural education

    Directory of Open Access Journals (Sweden)

    Héctor Horacio Murcia Cabra

    2003-11-01

    Full Text Available The appropriate measure of an educational organization demands to the persqn who leads itto enliven the creativity, so that it keeps up in constant development within a number of situationsthat the environment formulates. lt is very important to fa ce up with strong decision the panoramain front ahead and distinguish new paths that allow within a safer atmosphere the organizationalstrengthening a long with the indicators every company should hove. In this respect some strategiesmust be brought into so that they make a difference all the way inside the educational organizationto open up new ways to make the updating possible to offer the students an the undergraduatenew roads to be able to face up the environmental problems, among these challenges there isa laboral conflict affecting Latín American countries like Colombia. lnside this conflict anddespite their preparation, the young population find less opportunities in the market. Regardingthis context we can mention the progresses achieved by The Faculty of Agricultura! Managemental La Salle University (Bogotá, Colombia in a coherent application of a educational strategyaiming to deal with the working world problems through the application of a vocational trainingbased on a dynamic conception where other techniques such as the planning of differentscenarios, the holistic approach, system orientation, strategic planning, total quality and continuous improvement as well as creativity and innovation.

  6. Managerial optimism and the impact of cash flow sensitivity on corporate investment: The case of Greece

    Directory of Open Access Journals (Sweden)

    Dimitrios I. Maditinos

    2015-10-01

    Full Text Available Purpose - The existence of optimism as a personal psychological characteristic of managers is a necessity in contemporary economy and decision making, although the phenomenon of over-optimism may lead to unfavourable outcomes. The purpose of this study is to examine the optimism bias and its impact on the firms' future performance. Especially regarding the recent years where Greece faces increased economic depression, high percentages of unemployment and lack of budgetary discipline, the goal is therefore, to find whether managerial optimism has an impact on corporate investment of Greek firms. Design/methodology/approach - The investment of firms with optimistic managers is more sensitive to cash flow than the investment of firms with managers who are not optimistic. To test the research question a number of fixed effect panel regressions of capital expenditures (capital expenditures divided by lagged assets is the dependent variable is run. In all regressions we analyse cash flow divided by lagged assets and lagged Tobin's Q as the independent variables, for firms whose managers are classified as optimistic and not optimistic. This classification is based on the optimism "dummy" variable, which is equal to 1 when members of the Executive Board and the Supervisory Board (ALL, only the Executive Board (EB, and only CEO are classified as optimistic. The concept of this study is tested for firms which are listed in the Athens Stock Exchange. A total of 243 firms are recorded, for the time period between 2007 and 2012, including firms from 11 different industries; basic materials, chemicals, consumer goods, consumer services, health care, industrials, financials, oil and gas, technology, telecommunications and utilities. Based on the literature and on related methodology aspects, financial firms are excluded. Findings - It was revealed that managerial optimism affects corporate investment in firms with high degree of closely held shares. Moreover

  7. Managerial leadership and ischaemic heart disease among employees: the Swedish WOLF study

    Science.gov (United States)

    Nyberg, A; Alfredsson, L; Theorell, T; Westerlund, H; Vahtera, J; Kivimäki, M

    2009-01-01

    Objective: To investigate the association between managerial leadership and ischaemic heart disease (IHD) among employees. Methods: Data on 3122 Swedish male employees were drawn from a prospective cohort study (WOLF). Baseline screening was carried out in 1992–1995. Managerial leadership behaviours (consideration for individual employees, provision of clarity in goals and role expectations, supplying information and feedback, ability to carry out changes at work successfully, and promotion of employee participation and control) were rated by subordinates. Records of employee hospital admissions with a diagnosis of acute myocardial infarction or unstable angina and deaths from IHD or cardiac arrest to the end of 2003 were used to ascertain IHD. Cox proportional-hazards analyses were used to calculate hazard ratios for incident IHD per 1 standard deviation increase in standardised leadership score. Results: 74 incident IHD events occurred during the mean follow-up period of 9.7 years. Higher leadership score was associated with lower IHD risk. The inverse association was stronger the longer the participant had worked in the same workplace (age-adjusted hazard ratio 0.76 (95% CI 0.61 to 0.96) for employment for 1 year, 0.77 (0.61 to 0.97) for 2 years, 0.69 (0.54 to 0.88) for 3 years, and 0.61 (0.47 to 0.80) for 4 years); this association was robust to adjustments for education, social class, income, supervisory status, perceived physical load at work, smoking, physical exercise, BMI, blood pressure, lipids, fibrinogen and diabetes. The dose–response association between perceived leadership behaviours and IHD was also evident in subsidiary analyses with only acute myocardial infarction and cardiac death as the outcome. Conclusion: If the observed associations were causal then workplace interventions should focus on concrete managerial behaviours in order to prevent IHD in employees. PMID:19039097

  8. Communication with U.S. federal decision makers : a primer with notes on the use of computer models as a means of communication.

    Energy Technology Data Exchange (ETDEWEB)

    Webb, Erik Karl; Tidwell, Vincent Carroll

    2009-10-01

    This document outlines ways to more effectively communicate with U.S. Federal decision makers by outlining the structure, authority, and motivations of various Federal groups, how to find the trusted advisors, and how to structure communication. All three branches of Federal governments have decision makers engaged in resolving major policy issues. The Legislative Branch (Congress) negotiates the authority and the resources that can be used by the Executive Branch. The Executive Branch has some latitude in implementation and prioritizing resources. The Judicial Branch resolves disputes. The goal of all decision makers is to choose and implement the option that best fits the needs and wants of the community. However, understanding the risk of technical, political and/or financial infeasibility and possible unintended consequences is extremely difficult. Primarily, decision makers are supported in their deliberations by trusted advisors who engage in the analysis of options as well as the day-to-day tasks associated with multi-party negotiations. In the best case, the trusted advisors use many sources of information to inform the process including the opinion of experts and if possible predictive analysis from which they can evaluate the projected consequences of their decisions. The paper covers the following: (1) Understanding Executive and Legislative decision makers - What can these decision makers do? (2) Finding the target audience - Who are the internal and external trusted advisors? (3) Packaging the message - How do we parse and integrate information, and how do we use computer simulation or models in policy communication?

  9. Dynamic Planning of Experiments for the Optimisation of Managerial Scheduling

    Directory of Open Access Journals (Sweden)

    Tomáš Macák

    2016-01-01

    Full Text Available Time management has a crucial role in organizations and also in our personal lives. Managerial scheduling is an important tool for the time management, especially It can serve as a tool for the first phase, of time management - namely for effective planning. This paper focusses on finding the best possible setting for determining significant the best layout for activities according to the criteria of urgency and importance using a modified steepest ascent method, which can be referred as dynamic scheduling. This term indicates the nature of the method; wherein the experimental design space is changed to look for the best conditions for adjustment factors influencing a managerial process. Existing methods for layout optimization mentioned in the literature and conventionally implemented in practice have only shown local optima.

  10. Driving Strategic Risk Planning With Predictive Modelling For Managerial Accounting

    DEFF Research Database (Denmark)

    Nielsen, Steen; Pontoppidan, Iens Christian

    for managerial accounting and shows how it can be used to determine the impact of different types of risk assessment input parameters on the variability of important outcome measures. The purpose is to: (i) point out the theoretical necessity of a stochastic risk framework; (ii) present a stochastic framework......Currently, risk management in management/managerial accounting is treated as deterministic. Although it is well-known that risk estimates are necessarily uncertain or stochastic, until recently the methodology required to handle stochastic risk-based elements appear to be impractical and too...... mathematical. The ultimate purpose of this paper is to “make the risk concept procedural and analytical” and to argue that accountants should now include stochastic risk management as a standard tool. Drawing on mathematical modelling and statistics, this paper methodically develops risk analysis approach...

  11. Managerial competence at senior levels of integrated delivery systems.

    Science.gov (United States)

    Longest, B B

    1998-01-01

    The advent of integrated delivery systems (IDSs) in the healthcare industry has changed much about the work involved in running many healthcare organizations. As a result of these changes, senior healthcare managers in IDSs need different skills and knowledge (competencies) than managers of other healthcare systems. The work of managers is changed by the shift to more organizational integration in the healthcare industry because they become responsible for coordinated continuation of services, accountable for the overall health status of the populations they serve, and involved in more complex organizational structures. The article identifies six distinct managerial competencies--conceptual, technical managerial/clinical, interpersonal/collaborative, political, commercial, and governance--and describes how they relate to an IDS senior manager's successful work performance. The implications of these competencies are considered for practicing senior managers in IDSs, as well as those who aspire to such positions, and those who help educate them.

  12. Measuring the effect of managerial ability on earning quality

    Directory of Open Access Journals (Sweden)

    Jamal Bahri Sales

    2015-09-01

    Full Text Available This paper presents an empirical investigation to measure the effect of managerial ability on earning quality on selected firms listed on Tehran Stock Exchange over the period 2007-2013. The proposed study uses data envelopment analysis to measure the relative efficiency of selected firms where Sales is considered as output and Cost of goods (COGS, Selling, General and Administrative Expenses (SG&A, Net Property Plant and Equipment (PPE, Net operating Leases (OpsLease, Research & Development (R&D, Purchased Good will (Goodwill and Other intangible assets (OtherIntan are considered as inputs. Earning quality in this survey consists of three parts of quality of accruals, earnings and earnings forecast persistence. The results of our survey have indicated that managerial ability influences positively on earning quality.

  13. Managerial adjustment and its limits: sequential fault in comparative perspective

    Directory of Open Access Journals (Sweden)

    Flávio da Cunha Rezende

    2008-01-01

    Full Text Available This article focuses on explanations for sequential faults in administrative reform. It deals with the limits of managerial adjustment in an approach that attempts to connect theory and empirical data, articulating three levels of analysis. The first level presents comparative evidence of sequential fault within reforms in national governments through a set of indicators geared toward understanding changes in the role of the state. In light of analyses of a representative set of comparative studies on reform implementation, the second analytical level proceeds to identify four typical mechanisms that are present in explanations on managerial adjustment faults. In this way, we seek to configure an explanatory matrix for theories on sequential fault. Next we discuss the experience of management reform in the Brazilian context, conferring special attention on one of the mechanisms that creates fault: the control dilemma. The major hypotheses that guide our article are that reforms lead to sequential fault and that there are at least four causal mechanisms that produce reforms: a transactions costs involved in producing reforms; b performance legacy; c predominance of fiscal adjustment and d the control dilemma. These mechanisms act separately or in concert, and act to decrease chances for a transformation of State managerial patterns. Major evidence that is analyzed in these articles lend consistency to the general argument that reforms have failed in their attempts to reduce public expenses, alter patterns of resource allocation, reduce the labor force and change the role of the State. Our major conclusion is that reforms fail sequentially and managerial adjustment displays considerable limitations, particularly those of a political nature.

  14. JOINT VENTURE: STRATEGY TO OBTAINTHE MANAGERIAL COMPETITIVENESS IN PERU

    OpenAIRE

    Maguiña F., Raúl

    2014-01-01

    This article proposes a managerial competitiveness strategy using the Joint- Venture enterprise, rising out of alliances linking business units, by analizing its making-up process through legal and clear compromise requirements, framed within the peruvian law, and with the purpose of getting feasibility of various investment projects, in any production sector in our country. El artículo propone una estrategia de competitividad empresarial utilizando el joint venture, a partir de alianzas q...

  15. Managerial Methods Based on Analysis, Recommended to a Boarding House

    Directory of Open Access Journals (Sweden)

    Solomia Andreş

    2015-06-01

    Full Text Available The paper presents a few theoretical and practical contributions regarding the implementing of analysis based methods, respectively a SWOT and an economic analysis, from the perspective and the demands of a firm management which functions with profits due to the activity of a boarding house. The two types of managerial methods recommended to the firm offer real and complex information necessary for the knowledge of the firm status and the elaboration of prediction for the maintaining of business viability.

  16. Business annual planning and controlling in Slovenian managerial practice

    OpenAIRE

    Pučko, Danijel; Čater, Tomasž

    2001-01-01

    Management process is usually segmented into planning, organizing, leading and controlling. The first and the last of these subprocesses are analyzed in the paper from the economic and managerial viewpoint as they occurr in Slovenian enterprise practice. The focus is on empirical research on a tactical level. Business analysis, tactical planning and controlling are the core issues analyzed in the article. The paper builds heavily on presenting empirical findings regarding the empirical system...

  17. A MANAGERIAL AND COST ACCOUNTING APPROACH OF CUSTOMER PROFITABILITY ANALYSIS

    OpenAIRE

    PETE Stefan; CARDOS Ildiko Reka

    2010-01-01

    In the last years many organizations realized that market orientation is essential to their success. Satisfying the needs of customers, offering them products and services which meet their desires and demands, customer loyalty can increase profitability for long term. After analyzing the existing journal literature in this field we would like to emphasize that managerial accounting, cost calculation methods and techniques, the analysis of costs provides relevant information when analyzing the...

  18. Managerial Risk Accounting and Control – A German perspective

    OpenAIRE

    Winter, Peter

    2007-01-01

    Recent developments have sparked a renewed interest concerning risk related topics in nonfinancial companies. Risk management issues directly touch the domain of management accounting and control. In Germany, topics related to the support of corporate or enterprise risk management are commonly discussed under the label of “Risikocontrolling”, which will be translated as Managerial Risk Accounting and Control. However, the conceptual foundation of a risk oriented management accounting respecti...

  19. Location as a determinant of accommodation prices: managerial approach

    OpenAIRE

    Napierała, Tomasz; Leśniewska, Katarzyna

    2014-01-01

    In the presentation authors discuss the location-based factors’ impact on accommodation prices. The aim of the presentation is to compare the results of qualitative and quantitative research on location-based determinants of accommodation prices in Lodz Metropolitan Area (Poland). The authors employ methodological triangulation (Yeung 2000), both to explore statistical significance of location-based determinants of accommodation prices, and to present managerial opinions about the influence o...

  20. Capital Structure and Managerial Compensation: The Effects of Renumeration Seniority

    OpenAIRE

    Calcagno, R.; Renneboog, L.D.R.

    2004-01-01

    We show that the relative seniority of debt and managerial compensation has important implications on the design of remuneration contracts.Whereas the traditional literature assumes that debt is senior to remuneration, we show that this is frequently not the case according to bankruptcy regulation and as observed in practice.We theoretically show that including risky debt changes the incentive to provide the manager with stronger performance-related incentives ("contract substitution" effect)...

  1. Personality correlates of Managerial talent: Cross cultural comparison

    Directory of Open Access Journals (Sweden)

    A. D. de Bod

    1983-11-01

    Full Text Available In spite of the worldwide use of the Managerial Assessment Centre, little, if any, cross-cultural research has been done on the method. Another neglected area of AC-research, is the study of personality. This study is aimed at making a contribution towards both these areas by investigating the relationship between the managerial dimensions and personality attributes for a group of Canadian (N = 1199 and a group of South African (N = 177 middle level managers. The first step was to compare the measuring instruments which were used to test the two groups, so as to ascertain any similarities and/or differences between the two instruments. The data which was generated by the application of the instruments was then subjected to a correlational and discriminant function analysis. The result of these analyses was used to (a define the personality correlates of managerial talent and (b to identify broad tendencies with regard to the relative influence of culture on the relationship between personality and managerial talent. Opsomming Ten spyte van die wêreldwye gebruik van die bestuursbeoordelingsentrum (AC is daar tot dusver weinig kruiskulturele navorsing hieroor gedoen. 'n Verdere verwaarloosde area van AC-navorsing, is die bestudering van persoonlikheid. Hierdie studie ondersoek die verwantskap tussen bestuursdimensies en persoonlikheidsattribute van 'n groep Kanadese (N = 1199 en 'n groep Suid-Afrikaanse (N = 177 middelvlakbestuurders. Die eerste stap was om die meetinstrumente wat gebruik is te toets en die twee groepe te vergelyk. Die ingesamelde data vir beide groepe is aan 'n korrelatiewe en diskriminant-funksie ontleding onderwerp. Die ontledings is gebruik om (a die persoonlikheidskorrelate van bestuurstalent te omlyn en (b breë tendense bloot te lê ten opsigte van die relatiewe invloed van kultuur op die verwantskap tussen persoonlikheid en bestuurstalent.

  2. Managers’ Perception on Budget Participation, Procedural Justice and Managerial Performance

    Directory of Open Access Journals (Sweden)

    Sady Mazzioni

    2014-08-01

    Full Text Available The purpose of this paper is analyzing the influence of budget participation on the relationship between procedural justice and managerial performance in organizations in Santa Catarina. In order to achieve the objective, a descriptive quantitative research was carried out, based on a questionnaire, with 5 and 7-pont Likert scale, answered by 44 managers. For data treatment, it was used the statistical package Smart PLS to determine, by regression technique, the contribution of each variable (participation and procedural justice on the dependent variable (performance. Descriptive statistics points to a greater awareness regarding the possibility of participation in budgeting process and a less meaningful feeling regarding superiors’ procedural justice, leaving the assessment of managerial performance in an intermediate condition. Initially, it was found that the correlations between independent (procedural justice and intervening (budget participation variables, and between intervening and dependent (managerial performance variables are statistically meaningful. However, the correlation between independent and dependent variables was not statistically meaningful. The results of using structural equation (path analysis indicated that one of the assumptions of the indirect effect was not confirmed, that is, the relationship between independent and dependent variables should diminish after being controlled by the intervening variable. In the present study, the reverse situation was observed, starting from a non-significant correlation and reaching a significant negative correlation, after the effect of the intervening variable.

  3. Organizational, managerial, and institutional influences on risk management

    International Nuclear Information System (INIS)

    Perin, C.

    1992-01-01

    Organizational and managerial systems for risk management in nuclear power plants are under the influence of externally and internally generated goals. Externally, the NRC, public utility commissions, and such institutions as Institute of Nuclear Power Operations (INPO) establish requirements and guidelines for best practice. Internally, utility strategies define operational goals and standards for safety and production. One managerial responsibility in operating the complex, interdependent technological systems of nuclear power plants is to assure that the activities of departments, divisions, and functions are coordinated. These bridging processes need to be understood in order to suggest alternatives for organizing work and managing risk. To delineate the ways in which regulators and industry institutions affect these processes, details of their influences on daily practices can be addressed through a work system approach. The work system approach takes a dynamic view of organizational structures and managerial processes. Managers balance safety goals with efficiency and production goals through a continuous exchange of information, advice, expertise, budget allocations, personnel, and other resources, drawing on resources from within their organizations and from outside their boundaries. This exchange of resources is essential to organizational strategies for reducing and managing risk

  4. Work addiction and presenteeism: The buffering role of managerial support.

    Science.gov (United States)

    Mazzetti, Greta; Vignoli, Michela; Schaufeli, Wilmar B; Guglielmi, Dina

    2017-08-08

    The current study examined the mediating effect of presenteeism and moderating effect of managerial support in the relation between workaholism and work-family conflict. A sample of 1065 white-collar employees from an Italian company filled in an online survey and hypotheses were tested using a bootstrapping procedure. Results showed that presenteeism mediated the association between workaholism and work-family conflict. Moreover, the mediating effect of presenteeism was moderated by managerial support: for employees reporting lower levels of support workaholism was stronger related to presenteeism than for those experiencing higher support. Presenteeism, in turn, was related to greater levels of work-family conflict. The present study sheds light into the protective role played by managerial support in preventing workaholic employees from forcing themselves to attend work also when feeling sick. Accordingly, early intervention aimed at buffering the negative association between workaholism and work-family conflict should focus on training managers to develop supportive leadership skills. © 2017 International Union of Psychological Science.

  5. The analysis of waste treatment methods and managerial skills towards the effectiveness of CO2 emmissions (an ex post facto study at TPA Bantar Gebang Bekasi)

    Science.gov (United States)

    Ria Rajagukguk, Jenni; Siagian, Lestina

    2017-09-01

    In the last three years, Java Island produces 29.413.336 m3/year of waste, coming from settlement (house hold) and non-settlement waste. Recently, this waste is managed with conventional technology, composting and recycling. Based on law No. 18 of 2008 on Waste Management, Chapter III Article 5, it is firmly stated that the government and regional governments are responsible for ensuring proper and environmentally sound waste management in accordance with the objectives. The observation of managerial skills is highly needed to investigate the operation of waste management at TPA Bantar Gebang towards the effectiveness of CO2 emissions.The problems are (1)Whether there is any influence between the method of waste management through Biogas Technology to the effectiveness of CO2 emissions. (2) Whether there is any influence between managerial skills to effectiveness of CO2 emission. (3) Whether there is any simultaneous influence between waste management method and managerial skill to CO2 emission effectiveness and (4) how is the method of waste management. Quantitative and egineering method were used to process the data.Biogas Technology variables and Managerial Skill are simultaneously and significantly influenced to CO2 Emission Effectiveness, this is based on Fh > Ft value of 168,453 > 3.072467) and its significance is 0.000 accepted which means that variable of Managerial Skill have influence or very big influence to Effeciveness of CO2 Emission, Correlation coefficient value 94,1% which means there is very strong relation between variable of Biogas Technology, Managerial Skill to Effectiveness of CO2 emission. Then Technology management through Biogas Technology is anaerobic biology.

  6. The Managerial Reduction in the Management Technologies Transposition Process to Public Organizations

    Directory of Open Access Journals (Sweden)

    Sandro Trescastro Bergue

    2010-04-01

    Full Text Available This essay discusses the phenomenon of the implementation of technologies designed in the management business, with emphasis on relations with public organizations. It proposes a reflection on the concept of sociological reduction by Guerreiro Ramos, recovering its roots in Husserl and Heidegger and their relationship with the concepts of creative adaptation and the translation of managerial issues. Contextualized in the paradigm of new public management and the list of values and assumptions on which this movement is based, the analysis of the reproduction of practices known in private organizations by public ones seeking their legitimacy has revealed the formality and ceremonial aspect of this contemporary phenomenon. The importance of bringing knowledge from the organizational field that subsidizes management as well as the coherence of these cultural objects in terms of concepts and assumptions of organization are highlighted here. The process of transpositions, contrasting with reproducible traits of Brazilian managerial culture that are historically constructed but consistent with the notion of sociological reduction, requires a critical, conscious and engaged attitude on the part of members of the organization not only regarding the relevance of the imported content but also giving new meaning to the concepts underlying the management technologies.

  7. Relation of managerial efficiency and leadership styles – Empirical study in Hrvatska elektroprivreda d.d.

    Directory of Open Access Journals (Sweden)

    Damir Skansi

    2000-01-01

    Full Text Available The relation of the managerial efficiency and leadership styles are analysed in this paper. We conducted an empirical study in a Croatian power supply company (HEP. The dominant leadership style in HEP is consultational, which the organization, according to postulates of this research, brings closer to the top global companies, considering that the tendencies in leadership styles point to the need for a new generation of leaders which will be essentially different from the traditional manager. We have determined that there is a significant interdependence between leadership styles of HEP’s managers (measured using Likert’s method and the degree of management work efficiency (measured using the adjusted Mott’s technique; the closer the leadership style is to System 4, that is participational, the higher the managerial efficiency is. Also, we have found that there is no significant difference between lower and middle management in HEP, concerning the relation between leadership styles and efficiency. This means that both levels get better grades for its efficiency if they belong to a consultational and participational leadership style.

  8. Employee self-enhancement motives and job performance behaviors: investigating the moderating effects of employee role ambiguity and managerial perceptions of employee commitment.

    Science.gov (United States)

    Yun, Seokhwa; Takeuchi, Riki; Liu, Wei

    2007-05-01

    This study examined the effects of employee self-enhancement motives on job performance behaviors (organizational citizenship behaviors and task performance) and the value of these behaviors to them. The authors propose that employees display job performance behaviors in part to enhance their self-image, especially when their role is not clearly defined. They further argue that the effects of these behaviors on managerial reward recommendation decisions should be stronger when managers believe the employees to be more committed. The results from a sample of 84 working students indicate that role ambiguity moderated the effects of self-enhancement motives on job performance behaviors and that managerial perceptions of an employee's commitment moderated the effects of those organizational citizenship behaviors that are aimed at other individuals on managers' reward allocation decisions. 2007 APA, all rights reserved

  9. Lexical Decision with Left, Right and Center Visual Field Presentation: A Comparison between Dyslexic and Regular Readers by Means of Electrophysiological and Behavioral Measures

    Science.gov (United States)

    Shaul, Shelley

    2012-01-01

    This study examined the differences in processing between regular and dyslexic readers in a lexical decision task in different visual field presentations (left, right, and center). The research utilized behavioral measures that provide information on accuracy and reaction time and electro-physiological measures that permit the examination of brain…

  10. Robust Decision Making

    Energy Technology Data Exchange (ETDEWEB)

    Christopher A. Dieckmann, PE, CSEP-Acq

    2010-07-01

    The Idaho National Laboratory (INL) is funded through the Department of Energy (DOE) Office of Nuclear Energy and other customers who have direct contracts with the Laboratory. The people, equipment, facilities and other infrastructure at the laboratory require continual investment to maintain and improve the laboratory’s capabilities. With ever tightening federal and customer budgets, the ability to direct investments into the people, equipment, facilities and other infrastructure which are most closely aligned with the laboratory’s mission and customers’ goals grows increasingly more important. The ability to justify those investment decisions based on objective criteria that can withstand political, managerial and technical criticism also becomes increasingly more important. The Systems Engineering tools of decision analysis, risk management and roadmapping, when properly applied to such problems, can provide defensible decisions.

  11. Emotions and Emotion Regulation in Economic Decision Making

    OpenAIRE

    Astor, Philipp J.

    2013-01-01

    By employing the methodology of experimental economics, the thesis examines the influence of emotions on decision making in electronic auction markets. Subjects' emotional processes are measured by psychophysiological indicators, helping to decipher the coherence of information, emotion (regulation) and decision making. Four chapters build the main body of the thesis and all are constructed similarly: introduction, design, method, results, limitations, theoretical and managerial implications.

  12. The Theoretical and Methodical Foundations of Formation and Development of the Managerial Knowledge of Enterprise

    Directory of Open Access Journals (Sweden)

    Denysiuk Olga V.

    2017-05-01

    Full Text Available The article defines the relationship between the concepts of «managerial competency» and «managerial knowledge of enterprise». By generalizing the conceptual provisions, a typology of the enterprise’s competencies has been developed. In order to clarify the contents of the concept of managerial competency, the classification attributes of the managerial knowledge of enterprise have been allocated. The need to use management standards (management of business processes, staff, quality, projects, and production in the processes of formation and development of the managerial competencies of the enterprise has been substantiated. The composition of the methodical support of formation and development of the managerial competencies of enterprise have been provided.

  13. Managerial Ownership in Nursing Homes: Staffing, Quality, and Financial Performance.

    Science.gov (United States)

    Huang, Sean Shenghsiu; Bowblis, John R

    2017-06-20

    Ownership of nursing homes (NHs) has primarily focused broadly on differences between for-profit (FP), nonprofit (NFP), and government-operated facilities. Yet, among FPs, the understanding of detailed ownership structures at individual NHs is rather limited. Particularly, NH administrators may hold significant equity interests in their facilities, leading to heterogeneous financial incentives and NH outcomes. Through the principal-agent theory, this article studies how managerial ownership of individual facilities affects NH outcomes. We use a unique panel dataset of Ohio NHs (2005-2010) to empirically examine the relationship between managerial equity ownership and NH staffing, quality, and financial performance. We identify facility administrators as owner-managers if they have more than 5% of the equity stakes or are relatives of the owners. The statistical analysis is based on the pooled ordinary least squares and NH-fixed effect models. We find that owner-managed NHs are associated with higher nursing staff levels compared to other FP NHs. Surprisingly, despite higher staffing levels, owner-managed NHs are not associated with better quality and we find no statistically significant difference in financial performance between owner-managed and nonowner-managed FP NHs. Our results do not support the principal-agent model and we offer alternative explanations for future research. Our findings provide empirical evidence that NH ownership structures are more nuanced than simply broadly categorizing facilities as FP or NFP, and our results do not fully align with the standard principal-agent model. The role of managerial ownership should be considered in future NH research and policy discussions. © The Author 2017. Published by Oxford University Press on behalf of The Gerontological Society of America. All rights reserved. For permissions, please e-mail: journals.permissions@oup.com.

  14. Business development - the function, research propositions, and managerial implications

    DEFF Research Database (Denmark)

    Sørensen, Hans Eibe

    and executives from high-tech firms and venture capitalists in North America, Asia, and Europe to provide a foundation for future research. Business development is an emerging staff function providing an added level of sophistication to the firms' overall strategic management with interesting performance...... implications. The business development function is typically found in progressive firms especially within high-tech industries, but is argued to become critical for all types of firms across industries wishing to grow and accumulate wealth. Research propositions and managerial implications are discussed....

  15. A MANAGERIAL AND COST ACCOUNTING APPROACH OF CUSTOMER PROFITABILITY ANALYSIS

    Directory of Open Access Journals (Sweden)

    CARDOS Ildiko Reka

    2010-07-01

    Full Text Available In the last years many organizations realized that market orientation is essential to their success. Satisfying the needs of customers, offering them products and services which meet their desires and demands, customer loyalty can increase profitability for long term. After analyzing the existing journal literature in this field we would like to emphasize that managerial accounting, cost calculation methods and techniques, the analysis of costs provides relevant information when analyzing the customer’s profitability. We pay special attention on cost systems. An activity based costing approach takes customer profitability to new levels of accuracy and usefulness, provides the basis for creating, communicating and delivering value to the customers.

  16. The process of managerial control in quality improvement initiatives.

    Science.gov (United States)

    Slovensky, D J; Fottler, M D

    1994-11-01

    The fundamental intent of strategic management is to position an organization with in its market to exploit organizational competencies and strengths to gain competitive advantage. Competitive advantage may be achieved through such strategies as low cost, high quality, or unique services or products. For health care organizations accredited by the Joint Commission on Accreditation of Healthcare Organizations, continually improving both processes and outcomes of organizational performance--quality improvement--in all operational areas of the organization is a mandated strategy. Defining and measuring quality and controlling the quality improvement strategy remain problematic. The article discusses the nature and processes of managerial control, some potential measures of quality, and related information needs.

  17. PSYCHO-SOCIAL PERCEPTIONS AND MANAGERIAL PREFERENCES OF WOMEN ENTREPRENEURS IN WESTERN ROMANIA

    OpenAIRE

    Saveanu Tomina; Borza Adriana

    2010-01-01

    Our study aims at identifying correlations between preferences and psycho-social choices of women entrepreneurs, more precisely the effect of these characteristics on a given managerial strategy. Based on the data obtained through the administration of two types of questionnaires, we analyzed the relations between social and psychological set of perceptions and managerial strategy. Social success and managerial performance are related with these perceptions and thus we can identify a signific...

  18. Quality management techniques in public sector organizations: the role of managerial autonomy and organizational culture

    OpenAIRE

    Demuzere, Sara; Verhoest, Koen; Bouckaert, Geert

    2008-01-01

    According to NPM, more effective and efficient public services can be delivered if public sector organizations are granted more managerial autonomy and if they use various (private sector) management techniques. To date, only very limited attention has been paid to the link between managerial autonomy and the use of management techniques. With this study, we seek to fill this gap in the extensive NPM literature by examining the extent to which managerial autonomy has an effect on the use of m...

  19. Understanding managerial behaviour during initial steps of a clinical information system adoption.

    Science.gov (United States)

    Rodríguez, Charo; Pozzebon, Marlei

    2011-06-17

    While the study of the information technology (IT) implementation process and its outcomes has received considerable attention, the examination of pre-adoption and pre-implementation stages of configurable IT uptake appear largely under-investigated. This paper explores managerial behaviour during the periods prior the effective implementation of a clinical information system (CIS) by two Canadian university multi-hospital centers. Adopting a structurationist theoretical stance and a case study research design, the processes by which CIS managers' patterns of discourse contribute to the configuration of the new technology in their respective organizational contexts were longitudinally examined over 33 months. Although managers seemed to be aware of the risks and organizational impact of the adoption of a new clinical information system, their decisions and actions over the periods examined appeared rather to be driven by financial constraints and power struggles between different groups involved in the process. Furthermore, they largely emphasized technological aspects of the implementation, with organizational dimensions being put aside. In view of these results, the notion of 'rhetorical ambivalence' is proposed. Results are further discussed in relation to the significance of initial decisions and actions for the subsequent implementation phases of the technology being configured. Theoretical and empirically grounded, the paper contributes to the underdeveloped body of literature on information system pre-implementation processes by revealing the crucial role played by managers during the initial phases of a CIS adoption.

  20. The Assistant Manager - a Key Factor of the Managerial Team

    Directory of Open Access Journals (Sweden)

    Lecturer Ph. D. Niculina Vargolici

    2009-05-01

    Full Text Available The new economic context, marked by the crisis and by radical transformations of the labor market, generates the need for more and more sophisticated skills for the assistant manager. That is because the efficiency of the secretarial activity implies both strategic skills and complex abilities, starting from knowledge about the specific activity of the company/institution where the person works as assistant manager, to connected areas such as: management, marketing, human resources, brand communication, company’s culture etc. Whether the manager changes his job together with the “boss”, or the boss is changed and he is bond to adapt to new conditions, a strong team spirit between the manager and his assistant is one of the most important elements that contribute to the productivity and efficiency of the both. The loyalty to the boss and to the company where he works, his adaptation capacity, his competence and his professionalism make the today’s assistant manager a key factor of the managerial team. The essence of the assistant manager job consists in making more efficient the managerial activities, namely, to make it respond to the expectations expressed or not of the manager, or even to anticipate them.

  1. Malaysian aviation technologist promotion to managerial role: an empirical overview

    Science.gov (United States)

    Liew, C. L.; Abu Talib, A. R.; Jacobs, R. L.

    2016-10-01

    The Malaysian aviation industry has continued to march forward. With a turnover of RM23.7 billion in 2013, it is expected to grow higher especially after the Malaysian national aerospace blueprint was launched in 2015. The aviation related organizations currently have a workforce of approximately 13500. These organizations need to be managed by competent managers who have a strong background of technologist. Aviation technologist is one of the key components in the aviation maintenance industry as they are the future managers charged with the responsibility to ensure continuation of the organization's objectives and culture. The technologist role and manager's role are somehow different. The promotion of technologist to managerial roles is quite common but whether the technologist is able to take up managerial role effectively is yet to be fully understood. It is quite common that there was insufficient training for the technologist before being promoted to take up management roles. The purpose of this paper is to give an overview of the role of technologists and managers in professional services industries such as MRO and to understand that there is a need within the industry to re-look into the perspective of a proper training to prepare them to take up management roles effectively.

  2. Managerial Communication in the Context of Organizational Change

    Directory of Open Access Journals (Sweden)

    Mirela Arsith

    2014-05-01

    Full Text Available The hypothesis from which we start in initiating our approach is that according to which managerial communication is an important tool to change an organization's strategy. Our purpose is to argue in favor of the fact that this type of communication contributes significantly to adjusting the attitudes and changing behaviors of the organization members. In the context of change, managerial communication should be transformative, in order to ensure the adaptation of the organization to a new extra-organizational environment, which is, in turn, towards a significant change. What we intend to highlight is the fact that communicative interaction must occur at all levels and to be forceful, visionary and empathetic, to maintain wellness in the organization, as the essential element of the organizational change is the human change. Whatever the type of change - unplanned, planned, imposed, negotiated or participatory – it is very important to harmonize the measures of change between each other and with the processes that normally take place in the organization. Finally, we propose a case study that reveals the role of the transformative leadership and communication in the successful implementation of the new strategy.

  3. The Effects of Decision-Making Style on Openness and Satisfaction within Japanese Organizations.

    Science.gov (United States)

    Stewart, Lea P.; And Others

    1986-01-01

    Examines the influence of decision-making style on communication openness and satisfaction in Japanese organizations. Results of a survey indicated that Japanese employees preferred persuasive or consultative managerial decision-making styles and were more satisfied when their preferred decision-making style and the style of their manager were…

  4. THE DUALISM OF THE ACCOUNTING ACTIVITY OF THE COMPANY. CHARACTERISTICS OF THE MANAGERIAL ACCOUNTING AND IMPLICATIONS IN THE MANAGEMENT OF THE COMPANY

    Directory of Open Access Journals (Sweden)

    ALINA-TEODORA CIUHUREANU

    2012-01-01

    Full Text Available The diversity of accounting information need led to the construction of two representations of the same reality: an “internal” representation and an “external” representation. Formally speaking, this dual representation consists of two elements of the accounting system of the enterprise: the financial accounting – “the external face” of the entity – and the managerial accounting – “the internal face” of the entity. The organisation of managerial accounting activity is up to each entity, but it is essential to realize its importance because it provides confidential information to managers for the evaluation, control and future management of the businesses. The practical activity of cost calculation and analysis should be by excellence a major component of the company’s management that would ensure the realisation of competitive costs so that the pricing decision competes at obtaining a profit that would lead to the possibility of the company’s future development.

  5. Leadership effectiveness in Higher Education: Managerial self-perceptions versus perceptions of others

    Directory of Open Access Journals (Sweden)

    Tessie H.H. Herbst

    2011-03-01

    Research purpose: The purpose of this study was to investigate the prevalence of selfperception accuracy amongst the managers and to explore the patterns of interaction between self-perception accuracy (regarding their leadership behaviour and perceived transformational leadership behaviour (as measured by composite ‘other’-ratings. Motivation of the study: Research has shown that managers in various work environments typically overestimate their own level of competence and that this could impact on the effectiveness of their leadership behaviour. This phenomenon has however not yet been researched in the context of South African higher education institutions. Research design, approach and method: A quantitative cross-sectional study of the relationship between self-perception accuracy and leadership effectiveness was conducted amongst the total population (N = 204 of staff members in management positions. The response rate was 67% and the realised sample consisted of 137 managers. Leadership behaviour was measured by means of behavioural ratings on the following five dimensions of the Leadership Practices Inventory (LPI: ‘Challenging the process’, ‘Inspiring a shared vision’, ‘Enabling others to act’, ‘Modelling the way’ and ‘Encouraging the heart’. Main findings: Statistically significant discrepancies were found between self- and observer ratings on all five leadership dimensions, indicating a probable overestimation of their own capabilities. Results further provide evidence that perceived leadership effectiveness on three of the five transformational leadership practices varied as a function of the self-perceptions of managers. Practical/managerial implications: Managerial development practices should sensitise managers to what is essentially introspective and provide opportunities for them to reflect upon and question their leadership practices. Contribution/value-add: A challenge for higher education is to embark on feedback intensive

  6. Generational shifts in managerial values and the coming of a global business culture

    NARCIS (Netherlands)

    van Hoorn, A.A.J.

    2013-01-01

    In a globalizing world, cross-national differences in values and business culture and understanding these differences become increasingly central to a range of managerial issues. Studies of cultural (dis)similarities in the values of managers (so-called managerial values) and the development of a

  7. A Phenomenological Narrative Study: Elementary Charter School Principals' Managerial Roles

    Science.gov (United States)

    Cetinkaya, Ahmet

    2016-01-01

    This study was a phenomenological narrative research investigating the managerial roles of elementary charter school principals. Managerial leadership practices were investigated under three categories personnel management, student management, and finance management. Elementary charter school principals provided positive feedback for having small…

  8. The Managerial Labor Market and the Governance Role of Shareholder Control Structures in the UK

    NARCIS (Netherlands)

    Renneboog, L.D.R.; Trojanowski, G.

    2002-01-01

    We simultaneously analyze two mechanisms of the managerial labor market: CEO turnover and monetary remuneration schemes.Sample selection models and hazard analyses applied to a random sample of 250 firms listed on the London Stock Exchange over a six-year pre-Cadbury period show that managerial

  9. Managerial Coaches, Are They Ready? The Case of Malaysian Telecommunications Industry

    Science.gov (United States)

    Chong, Chin Wei; Yuen, Yee Yen; Tan, Booi Chen; Zarim, Zainal Abu; Hamid, Norhasniza Abdul

    2016-01-01

    Purpose: This paper aims to identify the key competencies managerial coaches have and examine the significant competencies that affect coaching effectiveness in the Malaysian telecommunications industry. Design/Methodology/Approach: The unit of analysis was individual managerial coaches who were working in the Malaysian telecommunications…

  10. Managerial trust in new product development projects : its antecedents and consequences

    NARCIS (Netherlands)

    Dayan, M.; Benedetto, Di A.C.; Colak, M.

    2009-01-01

    Purpose - To explore managerial trust in new product development (NPD) projects. Design/methodology/approach - Touches on studies into managerial trust, observing few in the articles in the NPD area. Connects trust, interactional justice, management trust and NPD team performance within a conceptual

  11. Managerial competence of first-line nurse managers: A concept analysis.

    Science.gov (United States)

    Gunawan, Joko; Aungsuroch, Yupin

    2017-02-01

    A variety of terms are used interchangeably to define managerial competence of first-line nurse managers. This has resulted in a degree of ambiguity in the way managerial competence is described. The aim of this concept analysis is to clarify what is meant by managerial competence of first-line nurse managers internationally, what attributes signify it, and what its antecedents and consequences are. The Walker and Avant concept analysis approach was applied. The attributes of managerial competence include developing self, planning, organizing, leading, managing legal and ethical issues, and delivering health care. Antecedents to managerial competence include internal and external factors. Consequences include nurse performances, nurse and patient outcomes, intention to stay of nurses, and nurse and patient satisfaction. This analysis helps first-line nurse managers to understand the concept and determine where the responsibility lies in establishing a definition of managerial competence. It is recommended that middle and top managers should be aware of the internal and external factors as antecedents of the concept. Further research is needed to illuminate the attributes of managerial competence in relation to antecedents and the potential effect upon the consequences, and the need to establish managerial competence evaluation. © 2017 John Wiley & Sons Australia, Ltd.

  12. On explaining performance differentials: Marketing and the managerial theory of the firm

    NARCIS (Netherlands)

    Stoelhorst, J.W.; Raaij, van E.M.

    2004-01-01

    Efforts to develop a managerially meaningful alternative to the neoclassical theory of the firm have always been an important part of theory development in marketing. This paper argues that the main explanandum of a managerial theory of the firm is performance differentials between firms. Marketing

  13. On explaining performance differentials: marketing and the managerial theory of the firm

    NARCIS (Netherlands)

    Stoelhorst, J.W.; van Raaij, E.M.

    2004-01-01

    Efforts to develop a managerially meaningful alternative to the neoclassical theory of the firm have always been an important part of theory development in marketing. This paper argues that the main explanandum of a managerial theory of the firm is performance differentials between firms. Marketing

  14. Social Work Discretion between Professionalism and Managerialism in Denmark

    DEFF Research Database (Denmark)

    Skals, Anette

    working with clients who are unfit for work or work market as a result of ill health. In Denmark the local municipal Job Centre is the primary service delivery involved in welfare-to-work. Here values, interest and policies, transformed into rules and regulation, meet the concrete practices of welfare-to-work...... for working in order to helping clients in becoming self-supporting after ill health. As well as examining how social work discretion is made possible in the work organization, the research behind the paper focuses on the issue of new forms of professionalism in social work. In the light of policy changes......Professionalism and managerialism are important and conflicting concepts in the study of professionals working in public service organizations. By focusing on street-level social workers and social work discretion, it is possible to see how welfare-to-work policies are practiced as well as how...

  15. Managerial Long-Term Responsibility in Family-Controlled Firms

    Directory of Open Access Journals (Sweden)

    Dietmar Sternad

    2013-01-01

    Full Text Available Evidence suggests that long-term orientation (LTO as a dominantstrategic logic contributes to the sustainable performance offamily-controlled firms (FCFS. Combining a review of the literatureon lto with stewardship theory and upper echelons theoryreasoning, this article presents a typology of managerial responsibilityand introduces the concept of long-term responsibility as amanagerial characteristic constituting a major driving force behindcreating lto. The antecedents of long-term responsibilityunder family firm-specific conditions (stemming from the familysystem, the governance system, and family-firm managers’ personalcharacteristics are also identified and presented in an integratedmodel. The paper contributes to a more comprehensiveunderstanding of intertemporal choice in fcfs and explains whythey tend to be more long-term oriented than other types of firms.

  16. Epistemic evaluation of the training and managerial competence development process

    Directory of Open Access Journals (Sweden)

    Evelio F. Machado

    2015-12-01

    Full Text Available This article presents the problem of defining the concept of “competence”, due to it being an integral and complex term that has been applied in many domains as well as in a more general sense for everyday life. However, no doubt, a competence can only be tested and valuated in the practice, and it is a person who becomes competent in a context for a certain function. This is why there are many different conceptions in the literature regarding this issue; it’s a consequence of its imprecise, variable character. However, the position profiles (mainly in educational entities and the acceptation/graduation profiles are being more and more frequently established in terms of competences. This paper intends to check what has been valuated and written about the managerial competences training and development regarding the educational field, in order to obtain conclusions regarding its dimension in the school level.

  17. A MANAGERIAL ACCOUNTING APPROACH OF CUSTOMER RELATIONSHIP MANAGEMENT

    Directory of Open Access Journals (Sweden)

    Ildikó Réka CARDOȘ

    2014-11-01

    Full Text Available Globalization and changes in the business environment have important implications on the nature and function of managerial accounting (MA. Organizations realized that market and customer orientation is essential for their success and the secret to improve profitability and performances is to attract and maintain customers. Customer relationship management (CRM is one of the most important business strategies for organizational performance evaluation. Although CRM is considered to be a marketing topic it is an important MA innovation at the same time and represents an attractive research topic. This article aims to explore the theoretical knowledge of CRM from the perspective of MA. In the first part, we focus on the conceptual framework of CRM, trying to identify processes and technologies involved. The second part is devoted to reflection on the successful implementation of CRM. Finally, we summarize the key points arising from the theory in order to set further research objectives.

  18. [Nursing managerial approach: a study based on general management theories].

    Science.gov (United States)

    Fernandes, Marcia Simoni; Spagnol, Carla Aparecida; Trevizan, Maria Auxiliadora; Hayashida, Miyeko

    2003-01-01

    The purpose of this study was to identify nurses managerial conduct in a private maternity hospital located in the interior of the São Paulo state, Brazil. In order to collect data, authors used a questionnaire with 20 propositions related to the work of nurses in the different units of the hospital. Following, authors performed a descriptive statistical analysis of the data. Results showed a tendency toward democratization in the conduct of the nurses investigated as the majority of the responses privileged questions on team work, workers' participation and group development. Also, authors evidenced that great part of the responses did not agree with the propositions about the principles of the Classical Administration Theory.

  19. Determinants of customer satisfaction with hospitals: a managerial model.

    Science.gov (United States)

    Andaleeb, S S

    1998-01-01

    States that rapid changes in the environment have exerted significant pressures on hospitals to incorporate patient satisfaction in their strategic stance and quest for market share and long-term viability. This study proposes and tests a five-factor model that explains considerable variation in customer satisfaction with hospitals. These factors include communication with patients, competence of the staff, their demeanour, quality of the facilities, and perceived costs; they also represent strategic concepts that managers can address in their bid to remain competitive. A probability sample was selected and a multiple regression model used to test the hypotheses. The results indicate that all five variables were significant in the model and explained 62 per cent of the variation in the dependent variable. Managerial implications of the proposed model are discussed.

  20. Penal managerialism from within: implications for theory and research.

    Science.gov (United States)

    Cheliotis, Leonidas K

    2006-01-01

    Unlike the bulk of penological scholarship dealing with managerialist reforms, this article calls for greater theoretical and research attention to the often pernicious impact of managerialism on criminal justice professionals. Much in an ideal-typical fashion, light is shed on: the reasons why contemporary penal bureaucracies endeavor systematically to strip criminal justice work of its inherently affective nature; the structural forces that ensure control over officials; the processes by which those forces come into effect; and the human consequences of submission to totalitarian bureaucratic milieus. It is suggested that the heavy preoccupation of present-day penality with the predictability and calculability of outcomes entails the atomization of professionals and the dehumanization of their work. This is achieved through a kaleidoscope of direct and indirect mechanisms that naturalize and/or legitimate acquiescence.

  1. Managerial ability and earnings quality: Evidence from Tehran Stock Exchange

    Directory of Open Access Journals (Sweden)

    Hamid Salehi

    2014-07-01

    Full Text Available Auditor independence is associated with the independence of the internal/external auditor from various parties who may have some financial interest in the business being audited. Many countries have set up different rules forcing firms to change their auditors every few years. This helps business retain healthy business. This paper presents an empirical investigation to study the effect of change in auditing system on 90 selected firms from Tehran Stock Exchange over the period 2007-2011. Using a regression model developed earlier by Demerjian et al. (2012a [Demerjian, P. R., Lev, B., Lewis, M. F., & McVay, S. E. (2012a. Managerial ability and earnings quality. The Accounting Review, 88(2, 463-498.], the study determines a positive impact of change in auditor system on business development.

  2. GROWTH OF MANAGERIAL PERFORMANCE BY IMPROVING AUDITING ACTIVITY

    Directory of Open Access Journals (Sweden)

    Daniel DĂNECI-PĂTRĂU

    2014-04-01

    Full Text Available To reflect the place and role of internal audit in the economic entity and its function as assistant manager in this paper we followed the presentation of the preliminary assumptions of a model for measuring the quality of internal audit. Also, we presented a possible model of research regarding managerial effectiveness. Questions that sought answer in this research are: How can we streamline internal audit? What is meant by effective internal audit? What is the relationship between internal audit efficiency and performance management? Recording a high level of performance of internal audit provide a high level of performance of the whole economic entity. Of course, responsible for the implementation of recommendations made by the Internal Auditor is the manager, but in our opinion, as long as the internal audit department conducts activities / tasks with maximum seriousness, conscientiousness and professionalism, the manager will be to some extent forced to implement the recommendations, having a high confidence in those.

  3. A Managerial Approach To A Controversial Exhibition: The Human Body

    Directory of Open Access Journals (Sweden)

    Viorica Aura Păuş

    2013-12-01

    Full Text Available This paper will analyse the reception of the Human Body exhibition of 2013 in Romania, from a managerial point of view. The research is based on the exhibition visitors’ book, to which a content analysis was applied. The main aim of the paper is to investigate how the ‘Grigore Antipa’ Museum (Romania constructed the cultural context in which the scientific arguments prevailed over the religious ones, turning the exhibition of plastinated human bodies into an accepted public event, with a strong emphasis on education and science (medicine. At the same time, ethical concerns and religious criticism were downplayed by maintaining the focus on the ‘education for health’ frame.

  4. Using a Managerial Analogy for Making Mathematics More Attractive

    Directory of Open Access Journals (Sweden)

    Jozef Hvorecký

    2010-06-01

    Full Text Available In many countries, Mathematics is among the least popular school subjects. Educators are spending a lot of time in searching methods that could change this unfortunate situation. The author, a lecturer at a School of Management, discusses the issue as a managerial problem.First, the popularity of mathematics is analyzed as a marketing problem. Marketing theories recommend increasing the market choice as a way of attracting more customers. Our first goal is therefore to expand the variety of problems. To do so, we consider Knowledge Management concepts to demonstrate an imbalance between tacit and explicit knowledge in traditional courses. Currently used educational methodologies favour the latter one. Examples of the approaches that might increase learners’ tacit knowledge are our second goal.

  5. Guidelines for overcoming hospital managerial challenges: a systematic literature review

    Directory of Open Access Journals (Sweden)

    Crema M

    2013-10-01

    Full Text Available Maria Crema, Chiara Verbano Department of Management and Engineering, University of Padova, Vicenza, Italy Purpose: The need to respond to accreditation institutes' and patients' requirements and to align health care results with increased medical knowledge is focusing greater attention on quality in health care. Different tools and techniques have been adopted to measure and manage quality, but clinical errors are still too numerous, suggesting that traditional quality improvement systems are unable to deal appropriately with hospital challenges. The purpose of this paper is to grasp the current tools, practices, and guidelines adopted in health care to improve quality and patient safety and create a base for future research on this young subject. Methods: A systematic literature review was carried out. A search of academic databases, including papers that focus not only on lean management, but also on clinical errors and risk reduction, yielded 47 papers. The general characteristics of the selected papers were analyzed, and a content analysis was conducted. Results: A variety of managerial techniques, tools, and practices are being adopted in health care, and traditional methodologies have to be integrated with the latest ones in order to reduce errors and ensure high quality and patient safety. As it has been demonstrated, these tools are useful not only for achieving efficiency objectives, but also for providing higher quality and patient safety. Critical indications and guidelines for successful implementation of new health managerial methodologies are provided and synthesized in an operative scheme useful for extending and deepening knowledge of these issues with further studies. Conclusion: This research contributes to introducing a new theme in health care literature regarding the development of successful projects with both clinical risk management and health lean management objectives, and should address solutions for improving health

  6. Investment, managerial capacity, and bias in public health preparedness.

    Science.gov (United States)

    Langabeer, James R; DelliFraine, Jami L; Tyson, Sandra; Emert, Jamie M; Herbold, John

    2009-01-01

    Nearly $7 billion has been invested through national cooperative funding since 2002 to strengthen state and local response capacity. Yet, very little outcome evidence exists to analyze funding effectiveness. The objective of this research is to analyze the relationship between investment (funding) and capacity (readiness) for public health preparedness (PHP). The aim of the authors is to use a management framework to evaluate capacity, and to explore the "immediacy bias" impact on investment stability. This study employs a longitudinal study design, incorporating survey research of the entire population of 68 health departments in the state of Texas. The authors assessed the investment-capacity relationship through several statistical methods. The authors created a structural measure of managerial capacity through principal components analysis, factorizing 10 independent variables and augment this with a perceived readiness level reported from PHP managers. The authors then employ analysis of variance, correlation analyses, and other descriptive statistics. There has been a 539 percent coefficient of variation in funding at the local level between the years 2004 and 2008, and a 63 percent reduction in total resources since the peak of funding, using paired sample data. Results suggest that investment is positively associated with readiness and managerial capacity in local health departments. The authors also find that investment was related to greater community collaboration, higher adoption of Incident Command System (ICS) structure, and more frequent operational drills and exercises. Greater investment is associated with higher levels of capacity and readiness. The authors conclude from this that investment should be stabilized and continued, and not be influenced by historical cognitive biases.

  7. MANAGERIAL PROBLEMS CONFRONTED BY EXECUTIVE CHEFS IN HOTELS

    Directory of Open Access Journals (Sweden)

    Kemal BIRDIR

    2014-07-01

    Full Text Available The study was conducted to determine the managerial problems confronted by executive chefs working at 4 and 5-star hotels in Turkey. A survey developed by the researchers was employed as a data collection tool. Answers given by participants were analyzed using “T-test” and “ANOVA” analyses in order to determine whether there are significant differences of opinion on the subject (collated in answers to the survey questionnaire amongst executive chefs, based on answers given by them (expressed as average figures dependent upon such variables as their “Age”, “Gender”, “Educational Status” and “Star status of the hotel within which they worked.” The study results showed that the most important problem confronting executive chefs was “finding educated/trained kitchen personnel.” On the specific problem, “responsibility and authority is not clear within the kitchen,” there was a significant difference of opinion by the gender of the executive chefs. Moreover, there was a significant difference of opinion dependent upon the star status of the hotels within which the chefs worked on the problem of whether or not “the working hours of kitchen personnel were too long.” The findings suggest that there are important problems confronted by executive chefs. Moreover, male and female executive chefs have different opinions on the magnitudes of some specific problems. Whereas there are various reports and similar publications discussing problems faced by executive chefs, the present study is the first one in the literature that solely explore the managerial problems experienced at a kitchen context.

  8. Influence of Types of Managerial Decisions on Effectiveness of Activity of Trade Companies Влияние типов управленческих решений на эффективность деятельности торговых предприятий

    Directory of Open Access Journals (Sweden)

    Moshek Grigoriy Ye.

    2013-05-01

    Full Text Available The article justifies the statement that one of the most important tasks of a manager of an organisation is mastering the technology of main managerial decisions and their making for solving individual problems and situations. At the same time, the analysis showed that insufficient attention is paid in literature sources with respect to revelation of the essence and role of managerial decisions and selection of their most optimal type for solving production (commercial problems. The article specifies the essence and role of managerial decisions and studies their main types and influence on effectiveness of activity of trade companies. It also reflects the practical side of construction of decision making in existing companies. The article determines that a managerial decision can be presented as the main form of the impact of the managerial system on a managed subsystem with the aim of performance of specific production (commercial tasks and achievement of the set goals. It also justifies that a modern manager of an organisation should not only know types of managerial decisions, but also should be capable of applying them in practical activity of a company. Conclusions were made during the study that the most effective types of decisions that are applied in activity of trade companies are programmed, rational, optimal and collective (collegial decisions with participation of highly qualified managers and specialists of a company. Managers of companies that apply mostly the above-mentioned types of managerial decisions with the use of innovation approaches (models to development and making decisions, achieve, as a rule, high economic and social indicators of activity.В статье обосновано утверждение, что одной из важных задач менеджера организации является овладение технологией основных управленческих решений и их

  9. Does managerial behavior of managing earnings mitigate the relationship between corporate governance and firm value? Evidence from an emerging market

    Directory of Open Access Journals (Sweden)

    Mian Sajid Nazir

    2018-06-01

    Full Text Available The relationship between corporate governance and managerial choices for value creation is a topic of continuing interest for researchers. One of most significant managerial decisions that affect value is Discretionary Earnings Management (DEM which is the judgmental adjustments in firm's reported accounting earnings by managers to upsurge firm value temporarily. Effective corporate governance structure to control this opportunistic behavior of mangers can presumably make accounting earnings more reliable and more informative for the stakeholders and hence, increase firm value. Based on 1944 firm year observations for listed firms in Pakistan, this study aims at to analyze the role of corporate governance in enhancing firm value along with the moderating role of DEM using models proposed by Kasznik (1999 and Beatty, Ke, & Petroni (2002 for detecting earnings management practices of managers. The results report that corporate governance significantly and positively influences firm value confirming the positive role of corporate governance in mitigating agency problem and enhancing the firm value. Moreover, corporate governance mechanisms may mitigate the managers’ opportunistic behavior of manipulating the reported earnings. Furthermore, the results report that the behavior of managers is opportunistic towards managing earnings and they are destroying the current and subsequent firm value by manipulating the reported accounting earning. Finally, this opportunistic behavior of managers to manipulate earnings is negatively moderating the well-established positive relationship of corporate governance and firm value. Keywords: Corporate governance, Firm value, Discretionary earnings management, Opportunistic behavior, Kasznik model, Moderating effect

  10. A Study of Transformational Leadership and Managerial Competencies in the Flower Agricultural Sector of Colombia

    Directory of Open Access Journals (Sweden)

    Iliana Páez

    2014-07-01

    Full Text Available Rev.esc.adm.neg A good leadership is essential for the successful development of organizations and their staff members. Transformational leadership is a contemporary focus which highlights the moral bases of leadership and which has been valued in different cultures, being associated with its efectiviness and workers´ outcomes such as satisfaction and performance. This leadership is manifested through four basic performance dimensions (idealized influence, inspiring motivation, intellectual stimulus and individual consideration and through the managerial competencies of an executive. In this case study, these dimensions and ten leadership competencies (integrity and confidence, orientation to outcomes, importance of action, perseverance, effective use of time, effective communication, high performance team formation and development, decision making, business capacity and strategic management capacity have been analyzed taking an executive sample of 16 companies from the flower agricultural sector with the Florverde seal. This seal shows care for products and compromise with companies regarding environmental affairs and social responsibility, issues which are closely related with transformational leadership. Two transformational leadership dimensions were found: idealized influence and inspiring motivation, and its most outstanding competence was confidence and integrity, key elements for the successful development of transformational leadership.

  11. Participation of the Neighborhood Representatives (Mukhtars into Managerial Activities in Local Level: Burdur Case

    Directory of Open Access Journals (Sweden)

    Mustafa LAMBA

    2017-05-01

    Full Text Available Neighborhood representatives (mukhtars are the nearest administrative units to citizens in local level. It is required to take advantage of that the neighborhood representatives know their districts and residents better than central and local government authorities. In addition, it will be appropriate to the principles of subsidiarity and the European Charter of Local Self Government to determine problems and demands of neighborhoods by their representatives. It is necessary to maintain communication channels and keep close relations with neighborhood representatives by local governments to use that advantage efficiently. It is aimed in this study to determine the participation level of neighborhood representatives into managerial activities in local level. For that purpose, the neighborhood representatives in the center of Burdur province are included in the research. According to the findings, it has been determined that the neighborhood representatives have participated into various activities without experiencing any difficulty, and they have been informed about the services regarding to their neighborhoods, and they have kept close relationship with central and local administrations, and most of them could communicate with local authorities directly. Therefore, it has been concluded that the neighborhood representatives have been influential enough in decision-making mechanisms in local level in Burdur.

  12. An analysis of the adoption of managerial innovation: cost accounting systems in hospitals.

    Science.gov (United States)

    Glandon, G L; Counte, M A

    1995-11-01

    The adoption of new medical technologies has received significant attention in the hospital industry, in part, because of its observed relation to hospital cost increases. However, few comprehensive studies exist regarding the adoption of non-medical technologies in the hospital setting. This paper develops and tests a model of the adoption of a managerial innovation, new to the hospital industry, that of cost accounting systems based upon standard costs. The conceptual model hypothesizes that four organizational context factors (size, complexity, ownership and slack resources) and two environmental factors (payor mix and interorganizational dependency) influence hospital adoption of cost accounting systems. Based on responses to a mail survey of hospitals in the Chicago area and AHA annual survey information for 1986, a sample of 92 hospitals was analyzed. Greater hospital size, complexity, slack resources, and interorganizational dependency all were associated with adoption. Payor mix had no significant influence and the hospital ownership variables had a mixed influence. The logistic regression model was significant overall and explained over 15% of the variance in the adoption decision.

  13. Gender of the immediate manager and women's wages: The importance of managerial position.

    Science.gov (United States)

    Halldén, Karin; Säve-Söderbergh, Jenny; Rosén, Åsa

    2018-05-01

    One argument for increasing female representation in management is the expectation that female managers will be particularly beneficial for female employees through, e.g., role modeling, mentoring or providing other incentives to enhance female productivity. We explore this issue by analyzing the association between women's wages and the gender of their immediate managers using Swedish matched employee-employer data from 2010. Contrary to the expected positive association, we find that wages are overall 3% lower for female employees with a female instead of male manager. However, dividing the sample by managerial position and controlling for the sorting of employees with respect to, e.g., non-cognitive traits, work tasks, family commitment and establishment gender composition, the negative association is found only for female employees working for lower-level managers, not for women with a manager at the highest rank. One possible explanation could be a difference in decision-making power if lower-level female managers have more limited resources for their subordinates compared to lower-level male managers. Copyright © 2017 Elsevier Inc. All rights reserved.

  14. 41 CFR 102-192.125 - What is the appropriate managerial level for an agency mail manager?

    Science.gov (United States)

    2010-07-01

    ... managerial level for an agency mail manager? 102-192.125 Section 102-192.125 Public Contracts and Property... ADMINISTRATIVE PROGRAMS 192-MAIL MANAGEMENT Agency Mail Manager Requirements § 102-192.125 What is the appropriate managerial level for an agency mail manager? The agency mail manager should be at a managerial...

  15. Interval-valued Hesitant Fuzzy Heronian Mean Operators and Their Application to Multiple Attribute Decision Making%区间犹豫模糊集成算子及其在多属性决策中的应用

    Institute of Scientific and Technical Information of China (English)

    赵晓冬; 臧誉琪; 孙微

    2017-01-01

    针对属性值为区间犹豫模糊元且属性间存在相互关联的多属性决策问题,提出一种基于区间犹豫模糊Heronian平均算子的多属性决策方法.首先,给出了区间犹豫模糊元的定义及运算法则;然后,提出了区间犹豫模糊Heronian平均算子和区间犹豫模糊几何Heronian平均算子,并探讨了它们的特性;在此基础上,考虑到各属性的不同重要性,定义了区间犹豫模糊加权Heronian平均算子和区间犹豫模糊加权几何Heronian平均算子;最后,将区间犹豫模糊加权Heronian平均算子应用于多属性决策问题中,验证了所提算子的有效性和可行性.%With respect to the multiple attribute decision making problems in which the a ttribute values are in the form of interval-valued hesitant fuzzy information and attributes are associated with each other,in this paper proposed a multiple attribute decision making method based on the intervalvalued hesitant fuzzy Heronian mean operator.Firstly,the definition of the interval-valued hesitant fuzzy set is given,some basic operation laws of it are discussed;Then,the interval-valued hesitant fuzzy Heronian mean operator and the interval-valued hesitant fuzzy geometric Heronian mean operator are proposed,some desirable properties are studied in detail;Furthermore,considering the attributes with different importance,the interval-valued hesitant fuzzy weighted Heronian mean operator and the interval-valued hesitant fuzzy weighted geometric Heronian mean operator are defined.Finally,the interval-valued hesitant fuzzy weighted Heronian mean operator is applied to the multiple attribute decision making problem,in order to illustrate the effectiveness and feasibility of the proposed operators.

  16. Pilot Error? : Managerial decision biases as explanation for disruptions in aircraft development

    NARCIS (Netherlands)

    Akkermans, Henk; van Oorschot, K.E.

    2016-01-01

    Although concurrency between project development stages is an effective approach to speeding up project progress, previous research recommends concurrent engineer- ing primarily for less complex, incremental projects. As such, in complex radical aircraft development projects, managers opt for less

  17. Competitor Orientation: Effects of Objectives and Information on Managerial Decisions and Profitability

    OpenAIRE

    Armstrong, J. Scott; Collopy, Fred

    1996-01-01

    Managers are often advised, "beat your competitors," which sometimes contrasts with the advice, "do the best for your firm." This may lead managers to focus on comparative measures such as market share. Drawing on game theory, the authors hypothesize that managers are competitor-oriented under certain conditions, in particular, when they are provided with information about competitors' performance. Empirical studies lead to the additional hypothesis that a competitor orientation is detrimenta...

  18. Prediction of the anti-RhD donor population size for managerial decision-making

    NARCIS (Netherlands)

    van Hoeven, L. R.; Berkowska, M. A.; Verhagen, O. J H M; Koffijberg, H.; van der Schoot, C. E.; Janssen, M. P.

    2016-01-01

    Background: Rhesus D (RhD)-negative women pregnant with a RhD-positive child receive prophylactic injections to prevent haemolytic disease of the newborn. Because of the success of the prophylaxis, the number of naturally immunized women has decreased, thereby also decreasing the number of potential

  19. Measuring Managerial Potential and Intervening to Improve the Racial Equity of Upward Mobility Decisions.

    Science.gov (United States)

    1985-04-01

    spans, and diverse perspectives. For the last 20 years, predominantly white organizations in the United States have been coping with processes of...by group membership... Since little is known concerning the dynanics by which demographic characteristics, such as race and sex, affect ratings it is...and by her or his relationship to her or his own group. Embeddedness of intergroup relations refers to interpenetration of group level effects across

  20. Impact of mobile app user acquisition on managerial decisions: Evidence from empirical experiment

    OpenAIRE

    Cabral, Francisco Manuel da Silva Brás Gaspar Vieira

    2015-01-01

    In this research we conducted a mixed research, using qualitative and quantitative analysis to study the relationship and impact between mobile advertisement and mobile app user acquisition and the conclusions companies can derive from it. Data was gathered from management of mobile advertisement campaigns of a portfolio of three different mobile apps. We found that a number of implications can be extracted from this intersection, namely to product development, internationalisa...

  1. Psychological characteristics of managerial decision making in the management of agricultural enterprise

    OpenAIRE

    BATYK B.B.; PENTSAK T.G.

    2011-01-01

    The article includes the personal qualities of the manager necessary for the effective management in the agro-industrial complex, different types of character of the manager and their impact on the administrative activity. The authors highlighted the main characteristics of leadership and emphasis on the psychological qualities as essential to building effective leadership.

  2. Aspects of Cognitive Complexity Theory and Research as Applied to a Managerial Decision Making Simulation

    Science.gov (United States)

    1985-09-01

    existence of at least a limited typography : Some degree of generality of cognitive style across domains was obtained. Which style is utilized in a...obtained results indicating that complexity is related to affect and dispersion of affect ratings for brands of toothpaste and automobiles. Specifically

  3. The role of coordinated marketing-operations strategy in services : Implications for managerial decisions and execution

    NARCIS (Netherlands)

    Dixon, M.; Rhee, van der B.; Karniouchina, E.; Verma, R.; Victorino, L.

    2014-01-01

    The purpose of this paper is to discuss the importance of a coordinated marketing and operations strategy in goods and service producing business organizations. Customer engagement and co-production are imperative service delivery considerations, and therefore an aligned marketing and operations

  4. Political skill: explaining the effects of nonnative accent on managerial hiring and entrepreneurial investment decisions.

    Science.gov (United States)

    Huang, Laura; Frideger, Marcia; Pearce, Jone L

    2013-11-01

    We propose and test a new theory explaining glass-ceiling bias against nonnative speakers as driven by perceptions that nonnative speakers have weak political skill. Although nonnative accent is a complex signal, its effects on assessments of the speakers' political skill are something that speakers can actively mitigate; this makes it an important bias to understand. In Study 1, White and Asian nonnative speakers using the same scripted responses as native speakers were found to be significantly less likely to be recommended for a middle-management position, and this bias was fully mediated by assessments of their political skill. The alternative explanations of race, communication skill, and collaborative skill were nonsignificant. In Study 2, entrepreneurial start-up pitches from national high-technology, new-venture funding competitions were shown to experienced executive MBA students. Nonnative speakers were found to have a significantly lower likelihood of receiving new-venture funding, and this was fully mediated by the coders' assessments of their political skill. The entrepreneurs' race, communication skill, and collaborative skill had no effect. We discuss the value of empirically testing various posited reasons for glass-ceiling biases, how the importance and ambiguity of political skill for executive success serve as an ostensibly meritocratic cover for nonnative speaker bias, and other theoretical and practical implications of this work. (c) 2013 APA, all rights reserved.

  5. Essays on pig production efficiency and farmers' financial decisions under uncertainty

    OpenAIRE

    Labajova, Katarina.

    2018-01-01

    Recent structural changes in agricultural production towards fewer, but larger, units pose challenges for farmers in decision making about practical production and about managerial practices to increase efficiency, which are vital for farm productivity and profitability. In studies using mathematical programming and econometric models, this thesis evaluated farm-specific characteristics related to the individual technical efficiency (TE) of each input and output factor and of managerial chara...

  6. Information source exploitation/exploration and NPD decision-making

    DEFF Research Database (Denmark)

    Jespersen, Kristina Risom

    different Scandinavian companies. Data was analyzed using hierarchical regression models across decision criteria dimensions and NPD stages as well as analyzing the combination of selected information sources. Rather than forwarding one optimal search behavior for the entire NPD process, we find optimal...... information search behavior at either end of the exploitation/exploration continuum. Additionally, we find that overexploitation and overexploration is caused by managerial bias. This creates managerial misbehavior at gate decision-points of the NPD process.......The purpose of this study is to examine how the exploration/exploitation continuum is applied by decision-makers in new product gate decision-making. Specifically, we analyze at gate decision-points how the evaluation of a new product project is affected by the information source exploitation...

  7. Managerial strategies to make incentives meaningful and motivating.

    Science.gov (United States)

    Korlén, Sara; Essén, Anna; Lindgren, Peter; Amer-Wahlin, Isis; von Thiele Schwarz, Ulrica

    2017-04-10

    Purpose Policy makers are applying market-inspired competition and financial incentives to drive efficiency in healthcare. However, a lack of knowledge exists about the process whereby incentives are filtered through organizations to influence staff motivation, and the key role of managers is often overlooked. The purpose of this paper is to explore the strategies managers use as intermediaries between financial incentives and the individual motivation of staff. The authors use empirical data from a local case in Swedish specialized care. Design/methodology/approach The authors conducted an exploratory qualitative case study of a patient-choice reform, including financial incentives, in specialized orthopedics in Sweden. In total, 17 interviews were conducted with professionals in managerial positions, representing six healthcare providers. A hypo-deductive, thematic approach was used to analyze the data. Findings The results show that managers applied alignment strategies to make the incentive model motivating for staff. The managers' strategies are characterized by attempts to align external rewards with professional values based on their contextual and practical knowledge. Managers occasionally overruled the financial logic of the model to safeguard patient needs and expressed an interest in having a closer dialogue with policy makers about improvements. Originality/value Externally imposed incentives do not automatically motivate healthcare staff. Managers in healthcare play key roles as intermediaries by aligning external rewards with professional values. Managers' multiple perspectives on healthcare practices and professional culture can also be utilized to improve policy and as a source of knowledge in partnership with policy makers.

  8. MANAGERIAL ORGANISATIONAL PATHOLOGIES IN PERIODS OF EXETENDED CRISIS

    Directory of Open Access Journals (Sweden)

    PASTOR IOAN

    2014-08-01

    Full Text Available In periods of extended crisis an increasing number of organisations are faced and confronted with pathological phenomena such as corruption, organizational stress, burnout, workaholism, mobbing, collective personality, organizational myths and neurotic organizations, which can generate organisational dysfunctions, managerial and organisational crises, critical moments when the results are unclear, disorders, confusions, mental and professional illnesses, organisational illnesses. All these have severe and generalized disadaptive effects that influence not only the personal life of the organisation’s members, but also their socio-professional life. They affect the work ability of the members of the organisation, the formal and informal relationships between them, their well-being and work productivity. In time, the organisation turns from a healthy and efficient one into a morbid and very unproductive one. The paper presents the results of some research for diagnosing some of these disadaptive phenomena present in the different sectors of activity of the Mureş County, which are affected by an extended crisis: organisational stress, burnout, workaholism and mobbing.

  9. Managerial instrument for didactic staff structure optimization for Distance Learning

    Directory of Open Access Journals (Sweden)

    Gavrus Cristina

    2017-01-01

    Full Text Available Distance learning is a modern system for providing educational services and is relatively new in Romania, if related to the date of its emergence in Europe. More and more active working people are interested in this form of education, paying of course a special attention to its quality. It is quite difficult to appraise the quality of educational programs but several instruments and criteria have been developed over time. The present paper proposes an original mathematical instrument that is aiming at human resources, this type of resources being considered extremely important in case of providing educational service. The number of teachers is crucial for a distance learning program study, because the didactic staff must cover a number of didactic classes that take place on weekends. Concretely, this paper is focused on finding an algorithm that allows the didactic staff structure optimization. For accomplishing this objective, two managerial instruments were use. One of them is mathematical linear programing technique, that develops a mathematical model for didactic staff structure and the other one is WinQSB software package that tests the mathematical model.

  10. Profits and losses from changes in fair value, executive cash compensation and managerial power: Evidence from A-share listed companies in China

    Directory of Open Access Journals (Sweden)

    Ruiqing Shao

    2012-12-01

    Full Text Available According to optimal contracting theory, compensation contracts are effective in solving the agency problem between stockholders and managers. Executive compensation is naturally related to firm performance. However, contracts are not always perfect. Managers may exert influence on the formulation and implementation of compensation contracts by means of their managerial power. As fair value has been introduced into the new accounting standards in China, new concerns have arisen over the relationship between profits and losses from changes in fair value (CFV and levels of executive compensation. In this study, we find that executive compensation is significantly related to CFV. However, this sensitivity is asymmetric in that increases to compensation due to profits from changes in fair value (PCFV are higher than reductions to compensation due to losses from changes in fair value (LCFV. Furthermore, we find that managerial power determines the strength of this asymmetry.

  11. Accomplishing Water Strategy Policies in Hospitals: The Role of Management Information Systems and Managerial Styles

    Directory of Open Access Journals (Sweden)

    David Naranjo-Gil

    2017-02-01

    Full Text Available Hospitals are using more sophisticated and comprehensive management information systems to implement multiple strategic policies towards water cost saving and water quality enhancement. However, they do not always achieve the intended strategic goals. This paper analyzes how managerial styles interact with sophisticated management information systems to achieve different water strategic priorities. How proactive vs. reactive managerial styles moderate the effects of management information systems on water cost saving and water quality enhancement is analyzed. Relationships are explored using data collected from 122 general services directors in Spanish public hospitals. The findings show a positive effect of sophisticated management information systems on the achievement of water policies focused on cost saving and quality enhancement. Results also show a different moderated effect of managerial styles; thus, sophisticated management information systems with a proactive managerial style facilitate managers to achieve better water quality policies rather than water cost saving policies.

  12. Managerialism, organisational commitment, and quality of job performances among European university employees

    NARCIS (Netherlands)

    Smeenk, S.; Teelken, J.C.; Doorewaard, H.; Eisinga, R.

    2009-01-01

    To achieve efficient and effective quality improvement, European universities have gradually adopted organizational strategies, structures, technologies, management instruments, and values that are commonly found in the private business sector. Whereas some studies have shown that such managerialism

  13. Managerialism, Organizational Commitment, and Quality of Job Performances among European University Employees

    NARCIS (Netherlands)

    Smeenk, S.G.A.; Teelken, J.C.; Eisinga, R.N.; Doorewaard, J.A.C.M.

    2009-01-01

    To achieve efficient and effective quality improvement, European universities have gradually adopted organizational strategies, structures, technologies, management instruments, and values that are commonly found in the private business sector. Whereas some studies have shown that such managerialism

  14. Managerialism, organizational commitment and quality of job performances among European university employees

    NARCIS (Netherlands)

    Smeenk, S.; Teelken, Ch.; Eisinga, R.; Doorewaard, R.

    2009-01-01

    To achieve efficient and effective quality improvement, European universities have gradually adopted organizational strategies, structures, technologies, management instruments, and values that are commonly found in the private business sector. Whereas some studies have shown that such managerialism

  15. Managerial conflict management in five European countries : The importance of power distance, uncertainty avoidance, and masculinity

    NARCIS (Netherlands)

    Van Oudenhoven, J.P.; Mechelse, L.; De Dreu, C.K.W.

    This research deals with managerial conflict management in Denmark, United Kingdom, The Netherlands, Spain, and Belgium. According to Hofstede (1991). these countries' cultures differ primarily in terms of uncertainty avoidance, power distance, and masculinity-femininity. The differences in

  16. Managerial performance and cost efficiency of Japanese local public hospitals: a latent class stochastic frontier model.

    Science.gov (United States)

    Besstremyannaya, Galina

    2011-09-01

    The paper explores the link between managerial performance and cost efficiency of 617 Japanese general local public hospitals in 1999-2007. Treating managerial performance as unobservable heterogeneity, the paper employs a panel data stochastic cost frontier model with latent classes. Financial parameters associated with better managerial performance are found to be positively significant in explaining the probability of belonging to the more efficient latent class. The analysis of latent class membership was consistent with the conjecture that unobservable technological heterogeneity reflected in the existence of the latent classes is related to managerial performance. The findings may support the cause for raising efficiency of Japanese local public hospitals by enhancing the quality of management. Copyright © 2011 John Wiley & Sons, Ltd.

  17. [The construction process of managerial profile competencies for nurse coordinators in the hospital field].

    Science.gov (United States)

    Manenti, Simone Alexandra; Ciampone, Maria Helena Trench; Mira, Vera Lucia; Minami, Lígia Fumiko; Soares, Jaqueline Maria Sousa

    2012-06-01

    The objective of this study was to construct a profile of managerial competencies, based on the consensus of nurse coordinators in the field. This study was developed in a philanthropic hospital in São Paulo, following the research-action model, and included 13 nurse coordinators as participants. The data collection was performed using the focal group technique. Data analysis was performed using the theoretical frameworks related to the working process and managerial competencies. The results identified the greater emphasis assigned to the competencies related to the mentor, coordinator and director roles. It was, therefore, possible to construct a professional development plan that is based on competencies in the technical, ethical-political, and communicative domains, as well as the development of citizenship. The analysis of the managerial working process and the study of the competencies within the managerial environment were shown to be important, because they highlighted the professionals' need to improve, thus fulfilling personal, professional, and organizational demands.

  18. Abordarea managerială în studiul administrației publice (II

    Directory of Open Access Journals (Sweden)

    Cristina MORA

    2002-06-01

    Full Text Available Current paper analyzes in the first part the causes of the decreased interest towards scientific management, accepting although its virtues as starting point for a managerial approach in public administration. This paper also points out that the bureaucratic model that has been presented previously does not match with the process of organizing public administration where a change in managerial terms is absolutely necessary.

  19. Managerial Analysis Regarding the Strategic Premises of Two Large Tourism Agencies

    Directory of Open Access Journals (Sweden)

    Solomia Andres

    2016-06-01

    Full Text Available The paper presents some theoretical and practical ideas regarding the application of managerial analysis methods of strategic premises belonging to two large tourism agencies that presently function on profitable bases on the Caras-Severin county territory. The observation refers to the managerial analysis used, which offers the information necessary to obtaining knowledge on the status of the firm and on the establishment of relevant premises and proposals for the viability of business in the tourism domain.

  20. Small Firms in a Small Country: Managerial Factors, Internationalization and Performance of Slovenian SMEs

    OpenAIRE

    Mariola Ciszewska-Mlinarič; Franjo Mlinarič

    2010-01-01

    International activities of small and medium enterprises (SMEs) constitute an important research area. To understand this phenomenon, researchers employ different theoretical perspectives. Among them, the resource-based theory has been given much attention. In this study three managerial factors: managerial attitude toward internationalization, internationalization knowledge and international experience, are seen as examples of the firm’s intangible assets. The objectives of this study are tw...

  1. INTERDEPENDENT ANALYSIS OF LEVERAGE, DIVIDEND, AND MANAGERIAL OWNERSHIP POLICIES: Agencies Perspectives

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    Wibisono Hardjopranoto

    2006-06-01

    Full Text Available This paper attempts to investigate interdependent mechanism among leverage, dividend, and managerial ownership policies. This paper considers firm size and economic conditions to control their effect on the relationship among the three policies. The interrelationship between leverage, dividend, and managerial ownership policies will be tested using two-stage least squares. Five exogenous variables are employed in simultaneous equation: current assets and structure of assets as leverage determinants, book to market and return on investment as dividend determinants, and relative return to risk as managerial ownership determinant. The research employs year 1994-2004 data, with 1717 firm years. The research findings can be summarised as follows. First, there is a negative relationship between managerial ownership and leverage policies as suggested by agency theory. Second, there is a relationship between managerial ownership and dividend policies, but the relationship between leverage and dividend is insignificant. Third, the relationship between leverage and dividend is insensitive to economic condition and firm size. Fourth, all exogenous variables have significant effect on endogenous variables, except relative return. Fifth, the effects of exogenous variables are not sensitive to control variables. Sixth, we find that managers show self-interest behaviours by reducing managerial ownership when the economic condition worsens.

  2. Factors contributing to managerial competence of first-line nurse managers: A systematic review.

    Science.gov (United States)

    Gunawan, Joko; Aungsuroch, Yupin; Fisher, Mary L

    2018-02-01

    To determine the factors contributing to managerial competence of first-line nurse managers. Understanding factors affecting managerial competence of nurse managers remains important to increase the performance of organizations; however, there is sparse research examining factors that influence managerial competence of first-line nurse managers. Systematic review. The search strategy was conducted from April to July 2017 that included 6 electronic databases: Science Direct, PROQUEST Dissertations and Theses, MEDLINE, CINAHL, EMBASE, and Google Scholar for the years 2000 to 2017 with full text in English. Quantitative and qualitative research papers that examined relationships among managerial competence and antecedent factors were included. Quality assessment, data extractions, and analysis were completed on all included studies. Content analysis was used to categorize factors into themes. Eighteen influencing factors were examined and categorized into 3 themes-organizational factors, characteristics and personality traits of individual managers, and role factors. Findings suggest that managerial competence of first-line nurse managers is multifactorial. Further research is needed to develop strategies to develop managerial competence of first-line nurse managers. © 2017 John Wiley & Sons Australia, Ltd.

  3. Managerial ownership and corporate performance in Slovenian post-privatisation period

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    Marko Simoneti

    2004-12-01

    Full Text Available The Slovenian post-privatisation period has been characterised by a decline in the ownership by non-managerial owners (employees and state-controlled funds. On the other hand, domestic and foreign non-financial firms, Privatisation Investment Funds and managers have been increasing their holdings. The latter, namely the growing managerial ownership, is likely to feature in future ownership dynamics in Slovenia. In fact, in 2002 the desired (optimal ownership stakes estimated by Slovenian managers were 10.8 percentage points higher than their actual stakes. The aim of our paper is to describe the main trends in the ownership of Slovenian corporations in the post-privatisation period and to provide an answer to the basic economic question: what is the influence of the ongoing consolidation of managerial ownership on the performance of Slovenian firms. The empirical analysis testing this relationship is based on a panel of 182 Slovenian firms in the 1995-99 period and does not provide relevant evidence of any positive effects of the increasing managerial control on Slovenian firms’ performance. If any, a positive incentive effect is only observed in those firms whose managers’ holdings exceed 10-percent, only with regards to firms’ financial performance (but not total factor productivity and only in firms that are not listed on the capital market. Further, the negative effect of the current gap between the desired and actual managerial ownership seems to exceed any positive incentive effect arising out of managerial ownership

  4. DECISIONS, METHODS AND TECHNIQUES RELATED TO DECISION SUPPORT SYSTEMS (DSS

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    Boghean Florin

    2015-07-01

    Full Text Available Generalised uncertainty, a phenomenon that today’s managers are facing as part of their professional experience, makes it impossible to anticipate the way the business environment will evolve or what will be the consequences of the decisions they plan to implement. Any decision making process within the company entails the simultaneous presence of a number of economic, technical, juridical, human and managerial variables. The development and the approval of a decision is the result of decision making activities developed by the decision maker and sometimes by a decision support team or/and a decision support system (DSS. These aspects related to specific applications of decision support systems in risk management will be approached in this research paper. Decisions in general and management decisions in particular are associated with numerous risks, due to their complexity and increasing contextual orientation. In each business entity, there are concerns with the implementation of risk management in order to improve the likelihood of meeting objectives, the trust of the parties involved, increase the operational safety and security as well as the protection of the environment, minimise losses, improve organisational resilience in order to diminish the negative impact on the organisation and provide a solid foundation for decision making. Since any business entity is considered to be a wealth generator, the analysis of their performance should not be restricted to financial efficiency alone, but will also encompass their economic efficiency as well. The type of research developed in this paper entails different dimensions: conceptual, methodological, as well as empirical testing. Subsequently, the conducted research entails a methodological side, since the conducted activities have resulted in the presentation of a simulation model that is useful in decision making processes on the capital market. The research conducted in the present paper

  5. Economic-mathematical substantiation of optimizing the use of technical means, to perform tasks in conditions of uncertainty

    Directory of Open Access Journals (Sweden)

    I. V. Kuksova

    2017-01-01

    Full Text Available In this article a variant of the economic-mathematical substantiation of optimization approaches choice of tools for the survey of airfields, the mechanism of the use of multiple statistical criteria for optimality and usefulness of the decisions taken in this matter, when operating in conditions of uncertainty. Lately in the modern world in many socio-economic areas of human life quite often there are thematic challenges of managerial decision-making in a conflict environment and competition, when several in the General case, reasonable working actors perform collective decision-making, and the benefits of each depends not only on the chosen business strategies, but also from management decisions of other partners and the success of the experiments. Therefore, it is necessary to develop and substantiation of optimum variants of decision of choice of forces and means to perform tasks in conditions of uncertainty, that is also acceptable for military units. The actual problem currently is to optimize system control engineering-airfield security, the components of which perform their tasks under conditions of uncertainty. Analysis of opportunities of technical means (unmanned aerial vehicles shows that under the condition of equipping them with the appropriate equipment can be considered about the possibility of their use as part of a complex of technical means for inspection of airfields after the who enemy action in the runway. Therefore, the scientific goal in this article is to examine the possibilities of using technical means for inspection of airfield engineering and airfield services, and the aim of the study is using mathematical methods to justify the choice of the most effective means, from the point of view of economic cost of its introduction and use when performing tasks in conditions of uncertainty.

  6. Managerial attitude to the implementation of quality management systems in Lithuanian support treatment and nursing hospitals

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    Lydeka Zigmas

    2006-09-01

    Full Text Available Abstract Background The regulations of the Quality Management System (QMS implementation in health care organizations were approved by the Lithuanian Ministry of Health in 1998. Following the above regulations, general managers of health care organizations had to initiate the QMS implementation in hospitals. As no research on the QMS implementation has been carried out in Lithuanian support treatment and nursing hospitals since, the objective of this study is to assess its current stage from a managerial perspective. Methods A questionnaire survey of general managers of Lithuanian support treatment and nursing hospitals was carried out in the period of January through March 2005. Majority of the items included in the questionnaire were measured on a seven-point Likert scale. During the survey, a total of 72 questionnaires was distributed, out of which 58 filled-in ones were returned (response rate 80.6 per cent; standard sampling error 0.029 at 95 per cent level of confidence. Results Quality Management Systems were found operating in 39.7 per cent of support treatment and nursing hospitals and currently under implementation in 46.6 per cent of hospitals (13.7% still do not have it. The mean of the respondents' perceived QMS significance is 5.8 (on a seven-point scale. The most critical issues related to the QMS implementation include procedure development (5.5, lack of financial resources (5.4 and information (5.1, and development of work guidelines (4.6, while improved responsibility and power sharing (5.2, better service quality (5.1 and higher patient satisfaction (5.1 were perceived by the respondents as the key QMS benefits. The level of satisfaction with the QMS among the management of the surveyed hospitals is mediocre (3.6. However it was found to be higher among respondents who were more competent in quality management, were familiar with ISO 9000 standards, and had higher numbers of employees trained in quality management. Conclusion

  7. Data-Mining – A Valuable Managerial Tool for Improving Power Plants Efficiency

    Directory of Open Access Journals (Sweden)

    Danubianu Mirela

    2014-05-01

    Full Text Available Energy and environment are top priorities for the EU’s Europe 2020 Strategy. Both fields imply complex approaches and consistent investment. The paper presents an alternative to large investments to improve the efficiencies of existing (outdated power installations: namely the use of data-mining techniques for analysing existing operational data. Data-mining is based upon exhaustive analysis of operational records, inferring high-value information by simply processing records with advanced mathematical / statistical tools. Results can be: assessment of the consistency of measurements, identification of new hardware needed for improving the quality of data, deducing the most efficient level for operation (internal benchmarking, correlation of consumptions with power/ heat production, of technical parameters with environmental impact, scheduling the optimal maintenance time, fuel stock optimization, simulating scenarios for equipment operation, anticipating periods of maximal stress of equipment, identification of medium and long term trends, planning and decision support for new investment, etc. The paper presents a data mining process carried out at the TERMICA - Suceava power plant. The analysis calls for a multidisciplinary approach, a complex team (experts in power&heat production, mechanics, environmental protection, economists, and last but not least IT experts and can be carried out with lower expenses than an investment in new equipment. Involvement of top management of the company is essential, being the driving force and motivation source for the data-mining team. The approach presented is self learning as once established, the data-mining analytical, modelling and simulation procedures and associated parameter databases can adjust themselves by absorbing and processing new relevant information and can be used on a long term basis for monitoring the performance of the installation, certifying the soundness of managerial measures taken

  8. [Clinical and managerial autonomy. Perception of the coordinators of the health centers in Mallorca, Spain].

    Science.gov (United States)

    Tamborero Cao, Gaspar; Gómez Nadal, Amalia; García Pineda, Atanasio; Miguélez Chamorro, Angélica; Canet Martorell, Rosa; Esteva Cantó, Magdalena

    2011-12-01

    The self-management has been linked with increased efficiency and job satisfaction. Before any changes aimed at a more autonomous management is important to know the position of professionals and managers. objective: To assess the importance attached by the coordinators of the health centers (HC) to the clinical and managerial autonomy, knowing their decision making capacity and their expectations about the feasibility of implementing a project of self-management. cross-sectional study, application questionnaire. Primary Care, 2009. All the coordinators of the HC of Mallorca (N = 47). 27 questions that explore the coordinator's opinion about the importance of the components of the self-management, its ability to present intervention, the propensity / aversion to risk, leadership, and the feasibility of a self-management. response rate: 42/47 (89,4%). 42 (100%) attaches the highest importance to the management of human resources, 41 (97,6%) to demand management and 40 (95,2%) to the management of waiting lists. 15 (35,7%) would take a financial risk, 14 (33,3%) were considered trained and 18 (42,9%) were willing to lead a process of self-management. 14 (33,3%) thought that the professionals in your team would not be interested in a process of self-management and 29 (69%) believed that others could develop HC of Mallorca. The respondents were coordinators have a limited ability to decide on the components of the self-management, being risk averse and make a little leadership ability and willingness to self-management projects.

  9. The Meaning of Meaning, Etc.

    Science.gov (United States)

    Nilsen, Don L. F.

    This paper attempts to dispel a number of misconceptions about the nature of meaning, namely that: (1) synonyms are words that have the same meanings, (2) antonyms are words that have opposite meanings, (3) homonyms are words that sound the same but have different spellings and meanings, (4) converses are antonyms rather than synonyms, (5)…

  10. Development of the Model of the System of Managerial Diagnostics of the Enterprise on the Basis of Improvement of Diagnostic Purposes

    Directory of Open Access Journals (Sweden)

    Grzegorz Pawlowski

    2017-11-01

    Full Text Available The purpose of the article is to develop a model of the system of managerial diagnostics of the enterprise on the basis of the improvement of diagnostic purposes. The developed model of the system of managerial diagnostics of the enterprise is a set of subjects (owners, managers, investors, specialists, etc., objects (management system, resources, technology, methods (a set of methods and means, business indicators and criteria (parameters that, when interacting, provide the achievement (efficient and effective of the diagnostic objectives of the system of the objectives of managerial diagnostics of the enterprise, taking into account the compliance of its competitive strategy of the state of the environment function of direct action (competitors, customers, suppliers, mediators, and other contact audiences in the context of improving the efficiency and developing the management. It is determined that the system of goals of the model of the system of managerial diagnostics of the enterprise (taking into account the ensuring of the compliance of the system of management with strategic goals and tactical tasks form the following key diagnostic objectives that require improvement on the basis of business indicators (parameters, namely: 1 diagnostics of the effectiveness of controlling the internal business processes of the enterprise; 2 diagnostics of the effectiveness of the typical organizational structure of enterprise management; 3 diagnostics of the efficiency of standardization of the work of linear and functional managers and specialists at the enterprise; 4 diagnostics of the enterprise in the areas of vocational education, labor activity and motivation, innovation work and social development; 5 diagnostics of the level of conflict in the team at the enterprise; 6 diagnostics of efficiency of use of information technologies in the management of the enterprise. The prospect of further research in this area is to improve the complex system of

  11. Environmental impacts assessment of industrial estate providing with managerial process

    Energy Technology Data Exchange (ETDEWEB)

    Nouri, J.; Mahvi, A.H.; Younesian, M.; Nabizadeh, R.; Hashemi, I. [Univ. of Tehran (Iran)

    2007-07-01

    The existence of balance, coordination and required order among natural elements is one of the key factors in the ecosystem. If this balance is disturbed under certain circumstances, it will damage the structure of living existences and more specifically human beings. Since a half century ago, factors such as important economical and industrial activites, advanced technologies together with growing population and lack of concordance among different couhntries to take optimal advantage of the existing natural resources have distrubed the balance in the ecosystem. As a result, man has caused many problems such as high death tolls and arduous diseases due to the different pollutions in water, air, land, sound, temperature, etc and factors such as erosion, desert, expansion, floods, extinction of plant and animal species, ozone layer destruction, global warming, sea level rise and greenhouse gases increase. Environmental Impact Assessment (EIA) is to recognize and assess systematic consequences of projects and programs on elements like physicochemical, biological, cultural, economical and social phenomena in th environment; in other words it is a way or method to determine the direction of predication and assessment of environmental impacts of activities on the environmental health of the ecosystem affecting human lives. In this study, and environmental impact assessment of the establishment of the Shahzand Industrial Estate in Arak at the central part of Iran was investigated. After collection of data and analysis of the findings, the positive and negative impacts resulting from establishment of the indutrial estate were investigated using the Leopold Matrix and Scaling checklist methods providing the managerial solutions in order to minimize the harmful environmental impacts. The existing environmental situation was investigated and then environmental impact alternatives were determined. This was done in regard to the amount and kind of predicted pollution for the

  12. The Effects of Tight Budgetary Control on Managerial Bahaviour in the Swedish Public Sector : Emphasizing Motivation, Commitment, Satisfaction and Stress

    OpenAIRE

    Hemsing, Malte; Baker, Fadi

    2013-01-01

    This thesis study is about the effects of tight budgetary control on managerial behaviour in the Swedish public sector. Managerial behaviour represents the four variables; motivation, organizational commitment, stress, and satisfaction. As previous research mostly investigated the effects of tight budgetary control on organizational performance in the private sector, this study can be seen as one of the first that focus on managerial behaviour and is based on the public sector. For the data c...

  13. The Effect of Managerial Ability on Future Stock Price Crash Risk: Evidence from Korea

    Directory of Open Access Journals (Sweden)

    Soo Yeon Park

    2017-12-01

    Full Text Available This study examines the effect of managerial ability on subsequent stock price crash risk using listed firm data in Korea. Compared to some financially advanced countries, the influence of managers is particularly more powerful in Korea, as ownership and management are not effectively separate in most Korean firms. In addition, we considered the effect of large business groups called Chaebol, which is family-run conglomerates with unique corporate governance system that hugely affect the Korean economy. It is important to recognize determinants of the stock price crash risk which would result in doubt on going concern to enhance the company’s sustainable management. Hence, this study focuses on the managerial ability as one of the main factors of the stock price crash risk. We use the measures of firm-specific stock price crash risk based on Hutton et al. (2009. Managerial ability is estimated through a Data Envelopment Analysis (DEA and tobit regressions following Demerjian et al. (2012. From the empirical tests, there is a negative association between managerial ability and stock price crash risk. This suggests that managers with a higher ability release more voluntary disclosure to signal their ability, ultimately lowering the subsequent stock price crash risk. We also find that firms in large business groups, Chaebol, weaken the negative association between managerial ability and subsequent stock price crash risk.

  14. Managerial Characteristics and its Impact on Organizational Performance: Evidence from Syria

    Directory of Open Access Journals (Sweden)

    Elias Milana

    2015-06-01

    Full Text Available This study aims to explore impact of managerial human capital in performance of a Syrian public organization, Directorate of Finance of province of Damascus, through use some of managerial characteristics are age, level of education, tenure and functional track. This study applied on a sample of 12 managers and 138 employees. The study reveals that there are no significant effect of age, level of education and functional track in performance of Directorate of Finance of province of Damascus, while there is a positive, strong and significant effect of tenure manager in organizational performance, which indicates that managerial characteristics almost irrelevant with performance of Directorate of Finance of the province of Damascus, and the public sector in general. Such results appear a need for efforts are invested in the formulation and implementation of human resource procedures and policies which can bring about effective change in behaviours and roles of the public managers and employees.

  15. Managerial accounting of costs in the system of management of enterprise logistics activity

    Directory of Open Access Journals (Sweden)

    L.G. Medvid

    2017-12-01

    Full Text Available The article deals with the analysis of scientific researches about the reflection of the logistics activity costs of a production enterprise in the system of analytical accounting. Practice shows that it is difficult to separate the reflection of logistics costs in primary documents in the system of financial accounting, and, as a result, the reflection in managerial reporting and the possibility of control and optimization. The research allows to determine the components of the organizational and methodical model of accounting of logistics costs according to the responsibility centers of production enterprises, namely, the system of responsibility centers according to the enterprise logistics activity, regulated documents, the system of budgetary logistics costs and internal managerial reporting according to the responsibility centers of the second level. This allowed to develop the methodological and organizational bases of managerial accounting of logistics activity costs of a productive enterprise.

  16. PSYCHO-SOCIAL PERCEPTIONS AND MANAGERIAL PREFERENCES OF WOMEN ENTREPRENEURS IN WESTERN ROMANIA

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    Borza Adriana

    2010-12-01

    Full Text Available Our study aims at identifying correlations between preferences and psycho-social choices of women entrepreneurs, more precisely the effect of these characteristics on a given managerial strategy. Based on the data obtained through the administration of two types of questionnaires, we analyzed the relations between social and psychological set of perceptions and managerial strategy. Social success and managerial performance are related with these perceptions and thus we can identify a significant conversion of mentalities determined by the governmental changes which took place in Eastern Europe after 1990. The data presented here are driven from the research conducted within the project ”Entrepreneurship and equality of chances. A inter-regional model of entrepreneurship training for women in western Romania”.

  17. Farmers’ managerial thinking and management process effectiveness as factors of financial success on Finnish dairy farms

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    Heikki Mäkinen

    2013-12-01

    Full Text Available The objective of the study was to analyze how farmers’ managerial thinking and management process effectiveness contribute to profitability of farming. A structural equation model of these two elements of management capacity and financial performance was applied on survey data and bookkeeping results from 117 dairy farms. The model explained one-fourth of the varying profitability of sample farms. The results show that farmers’ managerial thinking is connected to farm profitability, but management process effectiveness is not. It was concluded that it is essential for good performance that the farmer has a clear vision of developing farming with business and investment plans. Successful farmers also have a firm confidence in their managerial skills, a strong emphasis on instrumental and intrinsic values, and a high appreciation of farming as occupation. They also see the farm as an entrepreneurial business unit and intend to follow the corresponding principles of management.

  18. Quantifying Bounded Rationality: Managerial Behaviour and the Smith Predictor

    OpenAIRE

    Riddalls, C.E.; Bennett, S.

    2001-01-01

    The concept of bounded rationality in decision making and research on its relegation to aggregate system dynamics is examined. By recasting one such example of a dynamic system, the Beer Game, as a Smith predictor control system is derived. A stability analysis is then employed to support the and qualify the assertion that the level of bounded rationality can adversely affect the aggregate dynamic behaviour of such supply chains. The analytical basis of these calculations enables the qualific...

  19. Service quality in the electricity industry: The role of privatization and managerial behavior

    Energy Technology Data Exchange (ETDEWEB)

    Fumagalli, Elena; Garrone, Paola; Grilli, Luca [Politecnico di Milano, Milan (Italy). Department of Management, Economics and Industrial Engineering

    2007-12-15

    This paper analyzes the relationship between privatization and service quality in the electricity industry, and tests the hypothesis that managerial behavior is a significant intervening factor. The sample includes 31 Italian distributors over the period 1998-2004; their quality performance is represented by continuity of supply, an aspect of quality that is both contractible and regulated. Results of the empirical analysis suggest that the transfer of shareholdings to private investors does not lead to quality degradation. The results also suggest that managerial dominance translates into a reduction in supply quality; this effect is likely to be particularly strong for public-sector utilities. (author)

  20. ORGANIZING OF MANAGERIAL ACCOUNTING IN THE FORMING OF INFORMATION BASE OF BUILDING ENTERPRISES PROVIDING DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    Nadiia Pylypiv

    2017-03-01

    Full Text Available This article explores the impact of organization of managerial accounting on formation of informational base on the local (level of the individual enterprise, regional, disciplinary and national levels in the context of providing stable economic development for building enterprises. Based on our findings, we built a cognitive map of such an influence, which shows itself through different spheres, such as: economic, ecological and social, and will enjoy informational requests of management for improving of effectiveness of management system of such kind of  enterprises. Keywords: managerial accounting, organization, provision, stable economic development, building enterprises

  1. Service quality in the electricity industry: The role of privatization and managerial behavior

    International Nuclear Information System (INIS)

    Fumagalli, Elena; Garrone, Paola; Grilli, Luca

    2007-01-01

    This paper analyzes the relationship between privatization and service quality in the electricity industry, and tests the hypothesis that managerial behavior is a significant intervening factor. The sample includes 31 Italian distributors over the period 1998-2004; their quality performance is represented by continuity of supply, an aspect of quality that is both contractible and regulated. Results of the empirical analysis suggest that the transfer of shareholdings to private investors does not lead to quality degradation. The results also suggest that managerial dominance translates into a reduction in supply quality; this effect is likely to be particularly strong for public-sector utilities

  2. The Relationship between Managerial Satisfaction and Job Turnover Intention: The Mediating Role of Job Satisfaction

    Directory of Open Access Journals (Sweden)

    Rüveyda Öztürk Basol

    2017-09-01

    Full Text Available The growth of service sector in Turkey occurs faster than the other sectors and the number of shopping malls increases correspondingly. The rapid growth of the number of shopping malls has necessitated the measurement of the attitudes of the employees in this sector. This study demonstrated that the gender, marital status and age were not the significant variables on job satisfaction, managerial satisfaction and job turnover intention; however, education status and income status were found to be significant variables on job satisfaction and job turnover intention. In addition, job satisfaction fully mediated the relationship between managerial satisfaction and job turnover intention.

  3. Determinants of managerial competencies for primary care managers in Southern Thailand.

    Science.gov (United States)

    Mohd-Shamsudin, Faridahwati; Chuttipattana, Nirachon

    2012-01-01

    The purpose of this paper is first, to identify the critical managerial competencies of primary care managers; and second, to determine the relationship between personality and motivation, and managerial competency. A survey was conducted involving distribution of questionnaires to 358 rural primary care managers in Southern Thailand. The survey found six critical managerial competencies: visionary leadership; assessment, planning, and evaluation; promotion of health and prevention of disease; information management; partnership and collaboration; and communication. Both personality and motivation are found to significantly influence primary care managers' managerial competency. In particular, conscientiousness (i.e. perseveres until the task is finished, does a thorough job, full of energy, does things efficiently, and a lot of enthusiasm) is related to all managerial competencies. It is clear that extrinsic and intrinsic factors (i.e. quality of supervision and leadership, organizational policy and administration, interpersonal relationship, working conditions, work itself, amount of responsibility, and job recognition) are influential in primary care manager motivation that can significantly improve morale. The short version of the personality instrument may limit the generalization of some of the findings. Future research is needed to assess the relationship between managerial competency and performance. Further research could be done in other countries to see if this conclusion is in fact correct. It would also be useful to research if the findings apply to other health and social areas. Personality and motivation are able to co-predict managerial competency whereby motivation tends to have a stronger influence than personality. These findings will be useful to policy makers and to those responsible for the human development in the preparation of management training and development programs. Moreover, top management should not overlook the motivational system

  4. Applied Imitation Modelling as an Analytical Basis for Managerial Decision Making Прикладное имитационное моделирование как аналитическая основа принятия управленческих решений

    Directory of Open Access Journals (Sweden)

    Sokolovskaya Zoya N.

    2013-06-01

    Full Text Available The article reveals application aspects of the use of imitation modelling in the process of analysis and managerial decision making. It offers a model of functioning of a utility company built on the basis of the method of system dynamics in the Ithink package environment. It provides results of imitation experiments directed at ensuring effective management of material and financial flows of a company.В статье раскрываются прикладные аспекты использования имитационного моделирования в процессе анализа и принятия управленческих решений. Предложена модель функционирования коммунального предприятия, построенная на базе метода системной динамики в среде пакета Ithink. Приведены результаты имитационных экспериментов, направленных на обеспечение эффективного управления материальными и финансовыми потоками предприятия.

  5. Nurses' perception of nursing workforce and its impact on the managerial outcomes in emergency departments.

    Science.gov (United States)

    Hu, Yi-Chun; Chen, Jih-Chang; Chiu, Hsiao-Ting; Shen, Hsi-Che; Chang, Wen-Yin

    2010-06-01

    (1) To understand nurses' subjective perceptions of the current nursing workforce in their emergency departments, (2) to examine the relationship between nurses' workforce perceptions and its impact on the managerial outcomes and (3) to analyse the correlation between nurses' characteristics and the scores on workforce perception. While the association between workforce perceptions and nurse outcomes is well-documented, few studies have examined how emergency department nurses perceive current workforce and related outcomes. A cross-sectional questionnaire survey. A self-reported workforce perception questionnaire was used to survey 538 registered nurses in the emergency departments of 19 hospitals in northern Taiwan, during May to October 2006. Data were analysed using descriptive statistics, chi-square test, independent t-test, Pearson correlation and one-way anova. The mean score of workforce perception was 6.28 points (total = 10 points). Both overtime (p = 0.02) and number of callbacks on days off (p = 0.01) were significantly correlated to current nursing workforce and hospital level. Older nurses tended to have more emergency department experience (r = 0.37; p = 0.01) and those with more emergency department experience tended to have vacation accumulation (r = 0.09; p = 0.04), overtime (r = 0.10; p = 0.03) and better perception of their emergency department's current workforce (r = 0.09; p = 0.05). Although nurses' perceptions were found to be only moderate, overtime and number of callbacks on days off are potential problems that should be addressed by nursing leaders to benefit future emergency nurses. The findings can help drive strategies to ensure adequate staffing, to stabilise the nursing workforce and to prevent nurses from burnout factors such as working long hours, unpredictable schedules and a stressful work environment that may impact both the quality of emergency care and the quality of the nurses' work environment.

  6. An Extension of the Theory of Reasoned Action in Ethical Decision Contexts: The Role of Normative Influence and Ethical Judgment

    Science.gov (United States)

    Celuch, Kevin; Dill, Andy

    2011-01-01

    The moral conduct of organizations is ultimately dependent on the discrete actions of individuals. The authors address the scholarly and managerial imperative of how individuals combine various cognitions in their ethical decision making. The study extends the understanding of ethical decision making by exploring relationships among Theory of…

  7. 功能用語請求項明確性之臺灣判決案例研究 Definiteness of Means/Steps-Plus-Function Clams—A Cases Study of Taiwan’s Courts Decisions

    Directory of Open Access Journals (Sweden)

    郭榮光 Jung-Kuang Kuo

    2015-12-01

    、流程,二者不得互換,否則該請求項即不明確。 Article 19(4 of Taiwan’s Enforcement Rules of the Patent Act permits meansplus- function and steps-plus-function claims. However, without reciting the structure, material or acts performing the claimed function, claims may face challenges about the definiteness requirement. One of the related debates is whether the specification should recite the corresponding structure, material or acts of the claimed function. This issue has been brought up both in Taiwan and U.S. jurisdictions. This study compares Taiwan court decisions with the U.S. decisions which touch on the definiteness of means-plus-function and steps-plus-function claims. We find that while the U.S. courts require that the specification has to recite the corresponding structure, material or acts of means-plus-function and steps-plus-function claims to satisfy the definiteness requirement, Taiwan courts do not adopt the same standard. This study argues that by requiring specifications disclose the corre-sponding structure, material or acts implementing claimed function to satisfy the definiteness requirement, the standard made by U.S. court decisions limits the metes and bounds of means-plus-function and steps-plus-function claims to a more reasonable extent in order to prevent the abuse of functional claims. This study further suggests that Taiwan’s legislative and judicial branches of the government should adopt the same standard to prevent future definiteness disputes. Additionally, this study contends that means-plus-function can be used for device claims while steps-plus-function can be used for method claims. Due to this distinction, this study concludes that the corresponding disclosure of means-plus-function claims in the specification should be structures or materials which have concrete forms, while the corresponding disclosure of steps-plus-function claims in the specification should be acts which should have no concrete forms.

  8. The Means-End Approach to Understanding Customer Values of a On-Line Newspaper

    Directory of Open Access Journals (Sweden)

    André Luiz Maranhão de Souza Leão

    2007-01-01

    Full Text Available Customer value is understood as one of the constructs that best explains consumer decision making. Its proposal is to understand how consumers translate product or service characteristics and consequences of use into personal self-relevant values. The means-end theory is a way of systematically thinking in this hierarchicalrepresentation. The most commonly used method to achieve means-end chains is laddering. This theory and method were used to understand customer values of an important on-line Brazilian newspaper, which is an innovative approach, since on-line laddering is uncommon. The findings indicate that values related to goals of a personal nature are the most important ones. However, other values indicate the increase of the public man pointing to an alternative vision of what is commonly thought of as the contemporary isolated and selfish human. Academic research could benefit from a broader understanding and use of the means-end theory and laddering on the Web. Future research for managerial practices is warranted in areas such as segmentation, satisfaction measuring and customer value reevaluation, in addition to copy tests.

  9. 'Holding the line': a qualitative study of the role of evidence in early phase decision-making in the reconfiguration of stroke services in London.

    Science.gov (United States)

    Fraser, Alec; Baeza, Juan I; Boaz, Annette

    2017-06-09

    Health service reconfigurations are of international interest but remain poorly understood. This article focuses on the use of evidence by senior managerial decision-makers involved in the reconfiguration of stroke services in London 2008-2012. Recent work comparing stroke service reconfiguration in London and Manchester emphasises the ability of senior managerial decision-makers in London to 'hold the line' in the crucial early phases of the stroke reconfiguration programme. In this article, we explore in detail how these decision-makers 'held the line' and ask what the broader power implications of doing so are for the interaction between evidence, health policy and system redesign. The research combined semi-structured interviews (n = 20) and documentary analysis of historically relevant policy papers and contemporary stroke reconfiguration documentation published by NHS London and other interested parties (n = 125). We applied a critical interpretive and reflexive approach to the analysis of the data. We identified two forms of power which senior managerial decision-makers drew upon in order to 'hold the line'. Firstly, discursive power, which through an emphasis on evidence, better patient outcomes, professional support and clinical credibility alongside a tightly managed consultation process, helped to set an agenda that was broadly receptive to the overall decision to change stroke services in the capital in a radical way. Secondly, once the essential parameters of the decision to change services had been agreed, senior managerial decision-makers 'held the line' through hierarchical New Public Management style power to minimise the traditional pressures to de-radicalise the reconfiguration through 'top down' decision-making. We problematise the concept of 'holding the line' and explore the power implications of such managerial approaches in the early phases of health service reconfiguration. We highlight the importance of evidence for senior managerial

  10. Intervening: Managerial Issues and Challenges in an Educational Management Development Program.

    Science.gov (United States)

    Barrilleaux, Louis E.; Schermerhorn, John R., Jr.

    The literature on intervention theory tends to overlook the pragmatic managerial issues and challenges of intervening. This paper analyzes the formative period of a school management development program to establish crucial differences between the program director's espoused theory and the actual experience of the intervention. These differences…

  11. New Technology and Changing Organisational Forms: Implications for Managerial Control and Skills.

    Science.gov (United States)

    Grimshaw, Damian; Cooke, Fang-Lee; Grugulis, Irena; Vincent, Steve

    2002-01-01

    Case studies of client relations in a call center and an information technology company's partnership with a government agency examined how new technology affects organizational structures and managerial control. Evidence suggests that new structures arise in tandem with technological changes and technology's use as a form of control differs in…

  12. From Managerialism to Communicative Competence: Control and Consensus in Educational Administration.

    Science.gov (United States)

    Watkins, Peter

    1986-01-01

    Traditional approaches to educational administration have generally reflected a managerial perspective based partly on scientific management principles developed by Frederick W. Taylor. Concerns with efficiency and administrative control have masked inequities and ideologies comprising organizational structure. Habermas's critique may help expose…

  13. Instructional, Transformational, and Managerial Leadership and Student Achievement: High School Principals Make a Difference

    Science.gov (United States)

    Valentine, Jerry W.; Prater, Mike

    2011-01-01

    This statewide study examined the relationships between principal managerial, instructional, and transformational leadership and student achievement in public high schools. Differences in student achievement were found when schools were grouped according to principal leadership factors. Principal leadership behaviors promoting instructional and…

  14. Foucault, Confucius and the In-Service Learning of Experienced Teachers in an Era of Managerialism

    Science.gov (United States)

    Huang, Hua

    2018-01-01

    By drawing on Foucault's theory of subjectification, this study presents a case study of two experienced teachers' in-service learning in the managerialist climate of Macau. The results indicate that the prevailing policies and administrative strategies on in-service learning served as the apparatus of managerialism working on teachers and…

  15. Impact of Terrorism on Managerial Efficiency of Heads of Secondary Schools in Khyber Pakhtunkhwa, Pakistan

    Science.gov (United States)

    Khattak, Usman Ghani; Iqba, Javed

    2015-01-01

    Terrorism has adversely affected the educational environment in Khyber Pakhtoon Khwa Province. This study was conducted to know the impact of Terrorism on managerial efficiency of heads of secondary schools in Khyber Pakhtoon Khwa that included Malakand, Mangawara, Dir, Hangu , Bannu and D I Khan which are the highly affected areas of terrorism.…

  16. The Managerial Motivation Models Appear To Be in the Family Way.

    Science.gov (United States)

    Lanser, Kris

    Managerial motivation models have evolved beyond the human resource tradition of the 1960s and the 1970s to a form of corporate involvement with the personal needs of employees, many of whose family lifestyles have changed dramatically. To analyze the new role for companies and the corporate concern for employees' well-being, this research study…

  17. Managerial Competence--Its Place in the Structure of University Teachers Competencies

    Science.gov (United States)

    Turturean Monica

    2012-01-01

    Higher education in Romania is passing though an authentic crisis caused by the necessity of our society to adapt to the European Union's demands. University teachers have a huge role in satisfying these requests. They need to possess a lot of competencies, and one of the most important is the managerial competency that will help university…

  18. Impact of Long-Term Communication Training on Managerial Style and Perceptions of Organization.

    Science.gov (United States)

    Cullinane, Laura E.; Stacks, Don W.

    A study examined the impact of a working commitment to corporate communication and corporate communication education on perceptions of management and managerial style and the more general perceptions of the organization. Subjects, 15 male mid-level managers at a large southeastern chemical plant that had in place a continuing corporate…

  19. Determinants of the use of value-based performance measures for managerial performance evaluation

    NARCIS (Netherlands)

    Dekker, H.C.; Groot, T.L.C.M.; Schoute, M.; Wiersma, E.

    2012-01-01

    As value-based (VB) performance measures include firms' cost of capital, they are considered more congruent than earnings measures. Prior studies, however, find that their use for managerial performance evaluation is less extensive than their presumed benefits would suggest. We examine how the

  20. Information Technology Managerial Capabilities and Customer Service Performance Among Insurance Firms in Nigeria

    Directory of Open Access Journals (Sweden)

    Sunday Adekunle Aduloju

    2014-12-01

    Full Text Available The potential of information technology (IT as an enabler of customer service process continues to generate interest, which is reflected in the large number of IT-related studies. In spite of the significant progress made in this area, research findings have been mixed and inconsistent. Also, the underlying mechanisms by which IT can affect customer service process remain underexamined. The aim of this study was to find out whether IT investments and IT managerial capabilities can account for variations in customer service performance among insurance companies in Nigeria. Using survey research design, the three formulated hypotheses were tested with data gathered from 402 staff at the managerial level drawn from the selected insurance companies in Nigeria, which have been among the largest investors in IT, and where customer service is widely perceived as strategically important. Responses were analyzed using linear regression. A major finding of this study is that IT is a necessary, but not sufficient, condition for sustainable competitive advantage in customer service. Results show that the interaction of IT investments and tacit, path-dependent, and firm-specific IT managerial capabilities significantly explains variations in customer service performance. Consequently, this study recommends that to realize IT-business value, investments in IT should be accompanied by building and developing IT managerial capabilities.

  1. Resilience as resistance to the new managerialism: portraits that reframe nursing through quotes from the field.

    Science.gov (United States)

    Cope, Vicki; Jones, Bronwyn; Hendricks, Joyce

    2016-01-01

    This paper acknowledges the relationship between resilience and the new managerialism of contemporary nursing. Qualitative portraiture methodology. The new managerialism in hospital settings results in a rapidly increasing turnover of acutely ill or comorbid patients, which directly relates to retention and quality service. In education settings, the management imperative to recruit more students into the profession combined with financial cutbacks leads to similar tensions. In aged care the trend equates care directly with funding, with the same effect. Yet despite this, many registered nurses remain working. Portraiture explored 'why' nurses remain in workplaces often described as awful. The resilience of nurses is seen through their stories and reframed to highlight resilience as a form of resistance to the new managerialism inherent in contemporary healthcare. This paper describes some of the hallmarks of new managerialism where workforce pressures force practices that do not value the 'human resource'. The quotes from the field give insight into the nurse's world view and have implications for managers, educators and employers, as well as for consumers of nursing care. © 2015 John Wiley & Sons Ltd.

  2. Managerialism, Organizational Commitment, and Quality of Job Performances among European University Employees

    Science.gov (United States)

    Smeenk, Sanne; Teelken, Christine; Eisinga, Rob; Doorewaard, Hans

    2009-01-01

    To achieve efficient and effective quality improvement, European universities have gradually adopted organizational strategies, structures, technologies, management instruments, and values that are commonly found in the private business sector. Whereas some studies have shown that such managerialism is beneficial to the quality of job performances…

  3. Learning in product innovation processes. Managerial action on improving learning behaviour

    NARCIS (Netherlands)

    Gieskes, J.F.B.

    2001-01-01

    Learning in and by organisations has been of great interest to practitioners and academics for a number of years now. However, publications on empirical research are few, especially in the context of product innovation.This thesis reports on research which was aimed at (a) effective managerial

  4. Establishing managerial requirements for low-and intermediate-level waste repository

    International Nuclear Information System (INIS)

    Chung, C. W.; Lee, Y. K.; Kim, H. T.; Park, W. J.; Suk, T. W.; Park, S. H.

    2004-01-01

    This paper reviews basic considerations for establishing managerial requirements on the domestic low-and intermediate-level radioactive waste repository and presents the corresponding draft requirements. The draft emphasizes their close linking with the related regulations, standards and safety assessment for the repository. It also proposes a desirable direction towards harmonizing together with the existing waste acceptance requirements for the repository

  5. Administrative and managerial controls for the operation of nuclear fuel reprocessing plants

    International Nuclear Information System (INIS)

    Anon.

    1979-01-01

    Guidelines are provided for the administrative and managerial controls necessary for the safe and efficient operation of nuclear fuel reprocessing plants. Topics covered include: administrative organization; review and audit; facility administrative policies and procedures; and tests and inspections. Recognizing that administrative practices vary among organizations operating nuclear fuel reprocessing plants, the standard incorporates flexibility that provides for compliance by any organization

  6. Emotional Expression at Different Managerial Career Stages: Female Principals in Arab Schools in Israel

    Science.gov (United States)

    Arar, Khalid

    2017-01-01

    This paper examines emotional expression experienced by female principals in the Arab school system in Israel over their managerial careers--role-related emotions that they choose to express or repress before others. I employed narrative methodology, interviewing nine female principals from the Arab school system to investigate expression of…

  7. Auditors of the Managerial University: Neo-Liberal Business Advisers or Paternal Controllers?

    Science.gov (United States)

    Reid, Ian C.

    2009-01-01

    Universities are increasingly being seen as commercial enterprises, and are represented as particular types of business entities in manuals provided to university managers. Critical discourse analysis is employed in this paper to construct an analytical framework for the study of managerial advice, which is then used to examine the manual provided…

  8. The Effect of the Research Assessment Exercise on Organisational Culture in English Universities: Collegiality versus Managerialism

    Science.gov (United States)

    Yokoyama, Keiko

    2006-01-01

    The purpose of the study is to identify the effect of the research assessment exercise (RAE) on the balance between collegiality and managerialism in English universities. The article examines the institutional strategies for the 2001 RAE and its effect on organisational culture, identifying change in governance, management and leadership in…

  9. Networking and Managers' Career Success in the Malaysian Public Sector: The Moderating Effect of Managerial Level

    Science.gov (United States)

    Rasdi, Roziah Mohd; Garavan, Thomas N.; Ismail, Maimunah

    2012-01-01

    Purpose: The purpose of this paper is to investigate how managerial level moderates the relationships between networking behaviours and career success (objective and subjective) in the context of a public sector organisation in Malaysia. Design/methodology/approach: The study utilised a cross-sectional design and investigated these relationships…

  10. From Principled Dissent to Cognitive Escape: Managerial Resistance in the English Further Education Sector

    Science.gov (United States)

    Page, Damien

    2011-01-01

    This article presents findings from a study of first tier managers (FTMs) within further education. While studies of managerial resistance are rare, this research highlights a range of resistant behaviours employed by first tier managers as they struggle to meet demands from students, their teams and the organisation. Resistance here is considered…

  11. The use of role playing in managerial learning: A socio constructivistic approach

    NARCIS (Netherlands)

    Ruiller, C.; Heijden, B.I.J.M. van der; Patin-Saint-Mieux, B.

    2014-01-01

    This research deals with role playing (RP) aimed at assisting learners to optimize their managerial style. While RP is often used in training sessions, contributions on its evaluations have decreased since the beginning of the 1980s. Although RP as a training method had been criticized for several

  12. The use of role playing in managerial learning: a socio constructivistic approach

    NARCIS (Netherlands)

    Ruiller, Caroline; van der Heijden, Beatrice; Patin-Saint-Mleux, Bertille

    2014-01-01

    This research deals with role playing (RP) aimed at assisting learners to optimize their managerial style. While RP is often used in training sessions, contributions on its evaluations have decreased since the beginning of the 1980s. Although RP as a training method had been criticized for several

  13. Managerial attention to exploitation versus exploration : Toward a dynamic perspective on ambidexterity

    NARCIS (Netherlands)

    Walrave, B.; Romme, A.G.L.; van Oorschot, K.E.; Langerak, F.

    2017-01-01

    Managerial attention to exploitation and exploration has a strong influence on organizational performance. However, there is hardly any knowledge about whether senior managers need to adjust their distribution of attention to exploitation and exploration in response to major changes in demand

  14. Constrained Optimization Problems in Cost and Managerial Accounting--Spreadsheet Tools

    Science.gov (United States)

    Amlie, Thomas T.

    2009-01-01

    A common problem addressed in Managerial and Cost Accounting classes is that of selecting an optimal production mix given scarce resources. That is, if a firm produces a number of different products, and is faced with scarce resources (e.g., limitations on labor, materials, or machine time), what combination of products yields the greatest profit…

  15. Plan before You Play: An Activity for Teaching the Managerial Process

    Science.gov (United States)

    Althouse, Norm R.; Hedges, Peggy L.

    2015-01-01

    This article describes a 60-minute classroom activity using LEGO® bricks that demonstrates and reinforces the importance of the managerial process. The activity, Plan Before You Play (PBP), is targeted to introductory business classes, and differs from others in that it requires little investment or up-front planning, is easily scalable, and, with…

  16. Outcome-Based Education and Student Learning in Managerial Accounting in Hong Kong

    Science.gov (United States)

    Lui, Gladie; Shum, Connie

    2012-01-01

    Although Outcome-based Education has not been successful in public education in several countries, it has been successful in the medical fields in higher education in the U.S. The author implemented OBE in her Managerial Accounting course in H.K. Intended learning outcomes were mapped again Bloom's Cognitive Domain. Teaching and learning…

  17. A Business Communication Module for an MBA "Managerial Accounting" Course: A Teaching Note

    Science.gov (United States)

    Stout, David E.

    2014-01-01

    This Teaching Note describes a two-hour-and-40-minute "Business Communication" module developed and used by the author over the past six years in an MBA "Managerial Accounting" course at a university in the USA. The module has two modest but important goals: to sensitize graduate accounting students to the importance of…

  18. E-hancing the Master of Business Administration (MBA) Managerial Accounting Course

    Science.gov (United States)

    Zabriskie, Fern H.; McNabb, David E.

    2007-01-01

    Professional education, including managerial accounting education, at independent colleges and universities faces two challenges: (a) meeting shifting demand with static or declining resources and (b) ensuring that graduates gain the technological knowledge and skills that they need to succeed in their future careers. For many schools, the…

  19. The Accounting Class as Accounting Firm: A Model Program for Developing Technical and Managerial Skills

    Science.gov (United States)

    Docherty, Gary

    1976-01-01

    One way to bring the accounting office into the classroom is to conduct the class as a "company." Such a class is aimed at developing students' technical and managerial skills, as well as their career awareness and career goals. Performance goals, a course description, and overall objectives of the course are given and might serve as a model.…

  20. Collegiality and Managerialism: A False Dichotomy? Evidence from the Higher Education Literature

    Science.gov (United States)

    Tight, Malcolm

    2014-01-01

    Collegiality and managerialism are often portrayed as opposed ideas or practices, with the latter, in particular, either held up as a necessary response to the massification of higher education or portrayed as a betrayal of long-held academic ideals (as supposedly reflected in collegiality). This article explores how collegiality and managerialism…

  1. Neoliberal Globalisation, Managerialism and Higher Education in England: Challenging the Imposed "Order of Things"

    Science.gov (United States)

    Beckmann, Andrea; Cooper, Charlie

    2013-01-01

    This article critically explores the consequences of the imposition of neoliberal ideology on a transnational scale on the higher education system. Its particular focus is England where the context of the "new managerialism" continues to dominate the "lifeworlds" of educators and the educated, despite strong concerns about its…

  2. Evaluation of the Determinants of Technological and Managerial Results of Cooperability in Brazilian Multinationals

    Directory of Open Access Journals (Sweden)

    Priscila Rezende da Costa

    2013-12-01

    Full Text Available The objective of this article was to evaluate the technological and managerial elements that determine the results of the cooperability in Brazilian multinationals (BMN.We conducted a survey among the universe of BMN and the data analysis was supported by Cronbach's Alpha testing, factorial analysis, correlation analysis, principal component analysis and multiple regression analysis. As a conclusion of the study on the elements of the technological trajectory, we found that the greater the experience in R&D in the headquarters, the more effective will be the technological results of cooperability and the greater the accumulated experience in R&D in foreign subsidiaries and international cooperation the more effective will be the managerial results of cooperability. We also found that the greater the degree of relevance of strategies for technological capacity building the more effective will be the results of cooperability, both technological and managerial. The aggregated analysis of technological inputs showed that the higher the investments in R&D and the number of internal and cooperative projects the more effective will be the technological results. However, as the company expands its project portfolio, grow the difficulties regarding alignment and management of the BMN, which may adversely affect the managerial results of cooperability.

  3. When salespeople develop negative headquarters stereotypes: performance effects and managerial remedies

    OpenAIRE

    Homburg, Christian; Wieseke, Jan; Lukas, Bryan A.; Mikolon, Sven

    2011-01-01

    This study examines the performance implications that organizations may suffer when their salespeople develop negative stereotypes of their corporate headquarters. How such stereotypes can be remedied through managerial action is also examined. The study draws on matched data from four different sources: sales managers, salespeople, customers, and company reports. Findings indicate that negative headquarters stereotypes among salespeople are associated with poor marketing-related ...

  4. Managerial Accounting Principles and Cost Calculation Used by Economic Entities in the Coal Mining Industry

    OpenAIRE

    Boca (Rakos) Ileana – Sorina; Vatasoiu Cristian Ionel

    2011-01-01

    Considering the specialized work in managerial accounting, this paper aims to show which cost calculation principles are actually applied in the coal mining industry today. The methodology used in this scientific approach is of qualitative nature, using the following methods: direct observation and interview.

  5. The Use of Poster Projects as a Motivational and Learning Tool in Managerial Accounting Courses

    Science.gov (United States)

    Altintas, Nergis Nalan; Suer, Ayca Zeynep; Sari, Emre Selcuk; Ulker, Mirac Sema

    2014-01-01

    Poster projects are an alternative method of motivation, learning, and information dissemination in education. The main purpose of this initial study was to determine the effect of poster projects on the motivational and learning process of managerial accounting students. In addition, the authors aimed to compare the opinions of managerial…

  6. Cow behaviour and managerial aspects of fully automatic milking in loose housing systems

    NARCIS (Netherlands)

    Ketelaar-de Lauwere, C.C.

    1999-01-01

    In this study of cow behaviour and managerial aspects of fully automatic milking, the emphasis was on implementing automatic milking systems (AMS) in cubicle houses in a way that suits cows and farmer. The starting points of the research were that the cows would visit the AMS voluntarily

  7. Friend or Foe? New Managerialism and Technical, Administrative and Clerical Support Staff in Australian Universities

    Science.gov (United States)

    Pick, David; Teo, Stephen; Yeung, Melissa

    2012-01-01

    The aim of this paper is to assess and conceptualise the effects of new managerialism-related organisational reforms in three Australian public universities on technical, administrative and clerical support staff job stressors and job satisfaction. Using a mixed method approach consisting of a quantitative core component and qualitative…

  8. The Impact of Diagnosing Skill Deficiencies and Assessment-Based Communication Training on Managerial Performance.

    Science.gov (United States)

    Papa, Michael J.; Graham, Elizabeth E.

    1991-01-01

    Evaluates an organizational diagnosis program that assesses managerial communication skills and provides the frame for follow-up training programs. Finds that managers participating in follow-up communication skills training performed significantly higher on interpersonal skills, problem-solving ability, and productivity over three long-term…

  9. MANAGERIAL IMPLICATIONS IN PROMOTION POLITICS OF TOURISM UNITS (EXAMPLE IN S.C. TURIST ŞUIOR S.R.L. BAIA SPRIE

    Directory of Open Access Journals (Sweden)

    Sîrbu Janetta

    2013-04-01

    Full Text Available The managerial involvement establishes the organizational policy and incorporates employees in planning and organizing activities in order to achieve its objectives through analysis and forecasts, to motivate and ensure a favorable climate. Taking decisions with respect to the diversity of tourism products is up to the manager in the tourist facilities who seek and evaluate the service quality to attract a more diverse consumer segment. The consumers of tourism products are seeking various opportunities in the tourism market, characterized by the marketing environment, particularities and structure, market research stages, the main factors of influencing the demand being the supply and the tourist image. The management policy on the promotion of Şuior Tourist Complex is made through travel portals, its own website, participation in fairs and exhibitions, brochures from which tourists can find full information on facilities, rates, location and possibility to make reservations. Complex management is planning on two years period by involving staff at different levels, an appropriate information system being implemented in which messages are transmitter on both directions and a system of quality management and food safety. The continuous improvement processes to ensure customer-tourist satisfaction determined the leadership to improve the managerial activity, to better communicate the mission and promotional strategy, to practice more intensely the participative management and modern management techniques, to use a more consistent loyalty policy and to diversify the number of tourists and have a good knowledge of the competition.

  10. Managerial attitudes, strategic intent, environmental initiatives and competitive advantage

    DEFF Research Database (Denmark)

    Reyes Rodríguez, Juan Felipe; Ulhøi, John Parm; Madsen, Henning

    2013-01-01

    To stay at the competitive forefront successful firms have for quite a while addressed environmental issues as part of their strategy. The competitive 'imperative' is however not restricted to large enterprises entirely. This paper reports empirical findings from a series of identical surveys per...... will be provided that allows for making recommendations with regard to possible new strategic directions. Before concluding, key implications for future research, managers and other related decision-makers are briefly addressed....... performed regularly since 1999. The purpose has been to track and analyse the development of the strategic responses of SMEs in Denmark. Furthermore, identification of potential shifts in the influence of motivators and the impact on competitive advantage has also been focused. In so doing, evidence...

  11. Managerial implications for architectural competitions based on paradox theory

    NARCIS (Netherlands)

    Manzoni, B.; Volker, L.; Smyth, H.

    2014-01-01

    Despite being one of the most important means to obtain commissions, explore in design terms and develop design quality, architectural competitions are an extremely controversial practice. Nevertheless, they are increasingly adopted within the European procurement law, to the point that exploring

  12. Self-assessment of managerial knowledge and skills of medical doctors in primary health care

    Directory of Open Access Journals (Sweden)

    Aida Pilav

    2016-03-01

    Full Text Available Introduction: The aim of this paper was to evaluate the managerial knowledge and skills of mid-level managers – medical doctors in Medical center of the Canton Sarajevo.Methods: A cross-sectional study of the mid-level managers in the Medical center of the Canton Sarajevo was conducted using an originally developed questionnaire for self-assessment of managerial knowledge and skills. The respondents answered each of the questions using a 5-point Likert scale. Apart from the quantitative section, the respondents could present their observations concerning the educational needs in the health care system.Results: Almost 40% of the respondents said that the process of assessing health care needs is not conducted. No statistical significance was observed in the responses according to the length of service in a managerial position. In total, 41% of the respondents were not sure whether a plan exists, even though the development of these plans should be a principal managerial responsibility in the quality management. Managers who were longer in the position reported no plans for corrective actions. This result was in contrast with the answers obtained from the managers who were in the position for a shorter period. In addition, 91% of the respondents said that they regularly discuss problems with their employees.Conclusions: Self- assessment and assessment of managerial competencies should be regular activities in a health care organization, in order to monitor the knowledge and skills, as well as to make the development plans. The results of this study could serve as the basis for planning and developing the health management education in the Canton Sarajevo.

  13. Implementing managerial innovations in primary care: can we rank change drivers in complex adaptive organizations?

    Science.gov (United States)

    Longo, Francesco

    2007-01-01

    There has been much innovation in primary care in the past few decades. Although external and systemic constraints for health care organizations are relevant for their managerial evolution, there is also evidence that organizations operating under the same external pressures reach different levels of maturity. Which of the internal drivers available explain and foster change? Is it possible to rank change drivers by looking at their rate of efficacy in order to define a general change management path in the relationship between managers and physicians? The study is a hypothesis-generating work, designed to discuss a framework, consistent with the complex adaptive systems literature, for more effective internal change management approaches. We employed a qualitative approach to conduct a multiple case study in order to directly observe the evidence and to ask "key change players" for their perceptions. We studied different organizations all subject to the same external constraints in order to focus on the effects of internal change drivers. According to key players' opinions, the main drivers for managerial development are characteristics of the actors involved: their motivation, leadership, and commitment; the quality of relationships among the main actors; and how the resources dedicated to manage change are used. Given these criteria, any organizational strategy and goal seems to be achievable. This is consistent with the suggestions coming from the complex adaptive system literature. MANAGERIAL IMPLICATIONS: Managers have to consider the management of the relationship with professionals as the key success factor for implementing change. Managerial leadership has to be diffused in the organization both in the vertical and horizontal dimensions. Innovations need a medium or long-term perspective to become widely applied, and this requires a strong commitment which is related to managerial stability. Resources for innovation are to be considered a critical driver

  14. Henri Fayol’un Yönetim Düşüncesi Üzerine Notlar(Notes on Managerial Thought of Henry Fayol)

    OpenAIRE

    Ramazan ŞENGÜL

    2007-01-01

    Henri Fayol, developed a managerial approach which is a perfect guide for both private and public sectors through focusing systematically upon managerial process. A major advantage of Fayol in creating a general managerial doctrine was his pratician side. His managerial thought which was developed in the early 20th century lasted up to our times. The distinguished characteristic of Fayol’s thought was studying the administrative reality through separating it into its functions, in that it hel...

  15. Decision Making

    Directory of Open Access Journals (Sweden)

    Pier Luigi Baldi

    2006-06-01

    Full Text Available This article points out some conditions which significantly exert an influence upon decision and compares decision making and problem solving as interconnected processes. Some strategies of decision making are also examined.

  16. Overconfidence, Managerial Optimism, and the Determinants of Capital Structure

    Directory of Open Access Journals (Sweden)

    Alexandre di Miceli da Silveira

    2008-12-01

    Full Text Available This research examines the determinants of the capital structure of firms introducing a behavioral perspective that has received little attention in corporate finance literature. The following central hypothesis emerges from a set of recently developed theories: firms managed by optimistic and/or overconfident people will choose more levered financing structures than others, ceteris paribus. We propose different proxies for optimism/overconfidence, based on the manager’s status as an entrepreneur or non-entrepreneur, an idea that is supported by theories and solid empirical evidence, as well as on the pattern of ownership of the firm’s shares by its manager. The study also includes potential determinants of capital structure used in earlier research. We use a sample of Brazilian firms listed in the Sao Paulo Stock Exchange (Bovespa in the years 1998 to 2003. The empirical analysis suggests that the proxies for the referred cognitive biases are important determinants of capital structure. We also found as relevant explanatory variables: profitability, size, dividend payment and tangibility, as well as some indicators that capture the firms’ corporate governance standards. These results suggest that behavioral approaches based on human psychology research can offer relevant contributions to the understanding of corporate decision making.

  17. THE MANAGEMENT AND CONTENT OF MANAGERIAL FUNCTIONS IN ROMANIAN UNIVERSITIES

    Directory of Open Access Journals (Sweden)

    AVRAM MARIOARA

    2013-12-01

    Full Text Available Although pan-European universities became autonomous institutions, their governance structure is still organized under the laws of each state, which expressly states the functions and management structures together with their attributions. For the past two years, the Romanian academic environment experienced a consistent reform. The old ground of the educative system was reinforced by the new Law of National Education which represented, for our country, the starting of the modernization of the academic education. By modifying the regulation framework, certain key-objectives were envisaged, such as: the modernization of higher education institutions management, reinforcing university autonomy and the public liability, insuring quality in academic education, enforcing measures for stating university ethics, competition financing, supporting performant private education, developing trans-borders cooperation, both at the Community level and globally. In the university management, the changes followed: a review of governance structures and leaving behind the traditional self-governance model, focusing on the new models, which re-distribute the decision making power and responsibilities between stakeholders, internal and external. Now, Romanian academic education can be found in the middle of the crossroad since the reform is not completed but must go on in order to improve educational results.

  18. Data and Decision Making: Same Organization, Different Perceptions; Different Organizations, Different Perceptions

    Science.gov (United States)

    Maxwell, Nan L.; Rotz, Dana; Garcia, Christina

    2016-01-01

    This study examines the perceptions of data-driven decision making (DDDM) activities and culture in organizations driven by a social mission. Analysis of survey information from multiple stakeholders in each of eight social enterprises highlights the wide divergence in views of DDDM. Within an organization, managerial and nonmanagerial staff…

  19. Managerial strategies for creating an effective work environment.

    Science.gov (United States)

    Luse, Kimberly A

    2013-01-01

    To create a highly functioning medical imaging team, radiology managers must be able to analyze their departments and identify areas for improvement. This type of analysis means assessing front-line personnel who already work in the department, along with identifying staffing needs and recruiting talented new employees. In addition, managers must develop effective retention tools such as career ladders and mentorship programs to improve the overall working environment. This article discusses a variety of different strategies to help managers develop a more effective department.

  20. Reprocessing decision

    International Nuclear Information System (INIS)

    Heising, C.D.

    1978-01-01

    The United States must decide whether to permit, delay, or prohibit the reprocessing and recycling of nuclear spent fuel. To permit reprocessing would allow recycle as early as 1985; to delay the decision for a later administration to deal with means spent fuel would mount up at nuclear reactor sites; to prohibit would eliminate recycling and mandate permanent storage. Bayesian decision analysis was used to examine reprocessing costs associated with risks and economic benefits. Three distinct categories of risk that are important in the nuclear fuel cycle are discussed. These are: health, environment, and safety risks; nuclear theft and sabotage; and nuclear weapons proliferation risks. Results are discussed from comparing nine routes to weapons-usuable mterial available to nonweapons states that desire a nuclear capability. These are: production reactor and military reporcessor; research reacotr and military reprocessor; power plant plus military reprocessor or commercial reprocessor; enrichment (centrifuge, gaseous diffusion, electromagnetic separation, or aerodynamic jet cascade); and accelerator. It was found that the commercial power reactor-commercial reprocessor route is comparatively unattractive to a nonweapons state. In summary, allowing nuclear fuel reprocessing to go forward in the United States can be expected to increase the costs to society by a maximum $360 million a year. This is approximately one-seventh of the expected benefit (reduced electricity bills) to be dderived by society from closing the fuel cycle. It appears that the permitting reprocessing now is logically preferable to delaying or prohibiting the technology, the author concludes

  1. Decision making.

    Science.gov (United States)

    Chambers, David W

    2011-01-01

    A decision is a commitment of resources under conditions of risk in expectation of the best future outcome. The smart decision is always the strategy with the best overall expected value-the best combination of facts and values. Some of the special circumstances involved in decision making are discussed, including decisions where there are multiple goals, those where more than one person is involved in making the decision, using trigger points, framing decisions correctly, commitments to lost causes, and expert decision makers. A complex example of deciding about removal of asymptomatic third molars, with and without an EBD search, is discussed.

  2. Exploring Managerial Commitment towards SPI in Small and Very Small Enterprises

    Science.gov (United States)

    O'Connor, Rory V.; Basri, Shuib; Coleman, Gerry

    This paper compares and contrasts the results of two similar studies into the software process practices in Irish Small and Very Small Enterprises. The first study contains rich findings in relation to the role and influence of managerial experience and style, with particular respect to the company founder and software development managers in small to medium seized enterprises (SMEs), whilst the second study contains extensive findings in relation to people and management involvement / commitment and SPI goal planning in very small enterprises (VSEs). By combining these results of these two studies of Irish SMEs/VSEs we can develop a rich picture of managerial commitment towards SPI and in particular explore the similarities between Small and Very Small Enterprises.

  3. Creativity in Managerial Accounting: the Syndrome of Clone-type Production Costs

    Directory of Open Access Journals (Sweden)

    Flavius-Andrei Guinea

    2016-01-01

    Full Text Available This study presents the complex and delicate subject of managerial accounting systems, aiming to highlight the motivational complex of developing creative accounting techniques and to identify certain creative accounting techniques at the border between legal and fraud. The field research undertaken was also aimed at identifying and possibly solving the problems related to identifying and presenting a set of creative accounting techniques in the practical context of implemented systems, focusing also on the consequences on the quality of the accounting information. The contributions of the study are highlighted particularly in the practical level, this aspect being obviously due to the types of research conducted. One of the fundamental objectives of the study was to spark the interest in the practical possibilities of protecting against the dangers occurring from a creative managerial accounting system.

  4. Reported time-management of work and managerial activities: Head and department nurses

    Directory of Open Access Journals (Sweden)

    Tomáš Kotrba

    2010-01-01

    Full Text Available Here the author presents results of a nursing time-management questionnaire research from seven hospitals in the Czech Republic. Target subjects were department and head nurses. Questionnaires were distributed and collected between Nov. 2009 and Dec. 2009 and were completed by 147 respondents. The aim of this study was to evaluate and analyze reported time management by department and head nurses in performing their managerial duties. Nurses were asked about their allocation of regular shift hours versus additional managerial task hours. Findings were compared between hospitals. The research was made possible through the informational system RELA. Questionnaire results were statistically analyzed and compared with the results of working analysis. Work analysis was collected from two Czech hospitals and included work hours from 37 head nurses (357 total work day records and 37 department nurses (363 work day records. Research was made by auto-screening method.

  5. Core competencies necessary for a managerial psycho-educational training programme for business team coaches

    Directory of Open Access Journals (Sweden)

    Jeanette E. Maritz

    2009-06-01

    Full Text Available The objective of this research was to explore and describe core competencies necessary for a managerial psycho-educational training programme for business team coaches. The total number of participants in this qualitative research was 30. A purposive and snowball sampling strategy was used. Triangulation was achieved through focus groups, in-depth individual interviews and naïve sketches. Data were analysed through an open inductive approach and descriptive analysis. The results describe core competencies of a business team coach as situated within an Outcomes Based Education framework and relate to the knowledge to be discovered, skills to be mastered and the attitudes to be formed during a managerial psycho-educational training programme.

  6. Are managerial pressure, technological control and intrinsic motivation effective in improving data quality?

    International Nuclear Information System (INIS)

    Molina, Roger; Unsworth, Kerrie; Hodkiewicz, Melinda; Adriasola, Elisa

    2013-01-01

    Can data collectors be “pushed” into collecting high quality data or would being “pulled” be more effective? This paper finds that managers should be careful of the degree to which “push” factors, such as managerial pressure and technological input control, are relied upon. While they may be helpful for motivating those data collectors who are not intrinsically motivated, they are either not helpful or may discourage those data collectors who are intrinsically motivated. Instead, self-concordance may act as a longer-term, more stable approach to increasing the motivation of data collectors and thus increasing the quality of data that enter reliability systems. This study uses a sequential mixed-method approach involving interviews with 20 data collectors and a quantitative survey of 109 data collectors in a water utility. It examines the interactive effect of managerial pressure, technological input control and self-concordance on data collection performance

  7. Determining change in managerial practices implementation readiness in a gold mine / Yolandie Jansen van Vuuren

    OpenAIRE

    Jansen van Vuuren, Yolandie

    2011-01-01

    Performance Effectiveness Appraisal, Performance Effectiveness Review as well as Coaching and training are crucial elements of the performance management process included in a set of managerial competencies required by managers in a deep level gold mine in South Africa. This dissertation provides a contemporary review of performance management and gold mining in a South African deep level gold mine context. It provides a theoretical framework for the processes of Performance Effectiveness ...

  8. The Impact of Managerial Leadership on Stress and Health Among Employees

    OpenAIRE

    Nyberg, Anna

    2009-01-01

    The overall aim of this thesis was to explore the relationship between managerial leadership on the one hand and stress, health, and other health related outcomes among employees on the other. This was done in five studies, three using a cross-sectional and two a prospective design. In all studies the employees rated their managers with a self-administered questionnaire. The health outcomes were in four of the studies self-reported, but in the last study register-based diagn...

  9. Service employee adaptiveness : exploring the impact of role-stress and managerial control approaches

    OpenAIRE

    Sahadev, S; Purani, K; Panda, T

    2017-01-01

    The research aims to explore the relationships between managerial control strategies, role stress and employee adaptiveness among call center employees.\\ud Based on a conceptual model, a questionnaire based survey methodology is adopted. Data was collected from call center employees in India and the data was analysed through PLS methodology.\\ud The study finds that Outcome control and activity control increase role stress while capability control does not have a significant impact. The intera...

  10. In search of the perfect manager? Work-life balance and managerial work

    OpenAIRE

    Ford, J; Collinson, D L

    2011-01-01

    Work-life balance debates continue to proliferate but give relatively little critical attention to managerial workers. This article draws on research into the experiences of managers in a local government organization revealing an intricate, multifaceted and heterogeneous picture of fragmentation, conflicting demands, pressures and anxieties. The study highlights the importance of paid work for public sector managers; the concomitant difficulties in controlling working hours for those in mana...

  11. Empowering communication as an aspect of managerial communication in the training and development of principals

    OpenAIRE

    2012-01-01

    D.Ed. On surveying education in South Africa, it becomes clear that there is a vast and pervasive effort to reform schools. Criticism from several quarters regarding the lack of effective managerial skills of principals including empowering communication indicates the importance of research into the communicative competencies of educational managers. The development of training programmes in effective communication skills for principals is thus imperative. A group of M.Ed. students from th...

  12. The integration of online face-to-face social networking: the need for managerial reconfiguration

    OpenAIRE

    B. Imperatori; D. Ruta

    2013-01-01

    Purpose — The chapter explores if and how online and face-to-face organizational environments can interact, and if and how this interaction could foster managerial practices to sustain personal growth, organizational development, and employee–organization relationships. Methodology — Research project is based on an emblematic case study: fubles.com is a social sport sharing platform with one of the most active sport communities in Europe. This case is representative of a novel initiative, ...

  13. Negotiation with teachers as a managerial task of the school principal / Sewagodimo Amos Sebetlele

    OpenAIRE

    Sebetlele, Sewagodimo Amos

    2005-01-01

    The study focuses on the use of negotiation skills as a managerial task of the school principal in order to reduce conflicts between teachers and between teachers and themselves, so as to enhance a good working interpersonal relationship between them. This will lead to the building of trust, professional development and success. The purpose of this study was to determine through a literature study and empirical investigation, the nature of negotiation in schools and the skills ...

  14. Essential managerial attributes of the nowadays nursing service manager in the South African context

    Directory of Open Access Journals (Sweden)

    K Jooste

    2003-09-01

    Full Text Available Nursing service managers need certain essential managerialattributes in taking the lead in effective management ofthe nowadays health care organisations in South Africa.Major changes in restructuring and human resources planningare taking place through transformation of health servicesand specific managerial attributes are needed in thisscenario. Without nursing service managers with the necessarymanagerial attributes, change in the health care environmentwill be hampered and planning, organising, directingand control of the delivering of quality care will benegatively influenced.

  15. Impact of the Managerial Communication upon the Work Productivity in Organization

    OpenAIRE

    Luminita Lupu; Monica Voicu

    2006-01-01

    The main objective of the paper is to analyze on a real cases how communication offer gains on work productivity. The authors present on their researche results in the N-E Region organizations, which have real problems in work productivity. The conclusions of these researches are useful to managers to identify and analyze all factors which determine the the work productivity increases and the importance of managerial communication in these problems.

  16. The effects of perceived managerial support on organizational commitment: An example of professional football players

    Directory of Open Access Journals (Sweden)

    İlhan ADİLOĞULLARI

    2017-12-01

    Full Text Available Aim: The aim of the study was to examine the effect of the support from managers that the professional footballers perceive in their commitment to their teams. Material and Methods: In this study, 641 professional football players were randomly participated from the professional football leagues organized by Turkish Football Federation in the season of 2015-2016. Data were collected by administrating the “Perceived Managerial Support Questionnaire” developed by Giray and Sahin (2012 and the “Organizational Commitment Questionnaire” which developed by Meyer and Allen (1997 and adapted to Turkish language by Wasti (2000 that has three subscales and 18 items. The data obtained in the study were evaluated by the Mann Withney U test, the Kruskal-Wallis test and the regression analyses as well as the percent-frequency analyses via SPSS programme. Results: Results revealed that there was a significant relationship between the level of organizational commitment and managerial support of professional football players that they perceive from their managers. In relation to perceived managerial support of football players, there was a significant difference between the groups according to league category and educational status of football players who participated in the present study. Furthermore, there was a significant difference in the level of organizational commitment among the groups according to football players’ age, level of league, educational status and duration of professional football career. Conclusion: According to results of this study that the professional football players’ commitment of their teams is predicted by the perceived managerial support from their managers is considered as an important conclusion. In this premise, results of the present study shed light on our understanding of the organizational management in football to be aware of football player’s expectations from their managers and provide such awareness in

  17. Public sector restructuring: The institutional and social effects of fiscal, managerial and capacity-building reforms

    OpenAIRE

    Bangura, Yusuf

    2000-01-01

    There have been tremendous pressures in the 1990s to change the character and functions of the state in developed and developing countries alike. Multilateral financial agencies and neoliberal analysts question the state's nationalistic, hierarchical, redistributive and interventionist character, which they believe is partly responsible for poor service delivery and economic performance in many countries. They seek to transform the state into a market-friendly, lean, managerial, decentralized...

  18. A Theoretical Assessment on Emotional Intelligence as a Competitive Managerial Skill

    Directory of Open Access Journals (Sweden)

    Burcu Hacioglu

    2014-03-01

    Full Text Available Emotion as the main motive underlying the human behaviors is a conceptthat has been researched by many disciplines in the social sciences. Derivingfrom behavioral studies on emotions, Emotional Intelligence as acritical concept in organizational behavior studies is attached to theassestment of employee motivation and performance drivers. In this study, atheoretical framework for the emotional intelligence in workplace has beenassessed. The major contribution of the concept in competitive business strategiesfrom managerial scope has been evaluated.

  19. Investment cash flow sensitivity under managerial optimism: new evidence from NYSE panel data firms

    OpenAIRE

    Mohamed, Ezzeddine Ben; Fairchild, Richard; Bouri, Abdelfettah

    2014-01-01

    Investment cash flow sensitivity constitutes one important block of the corporate financial literature. While it is well documented in standard corporate finance, it is still young under behavioral corporate finance. In this paper, we test the investment cash flow sensitivity among panel data of American industrial firms during 1999-2010. Using Q-model of investment (Tobin, 1969), we construct and introduce a proxy of managerial optimism following Malmendier and Tate (2005a) to show the impac...

  20. Competitive position, managerial ties, and profitability of foreign firms in China: an interactive perspective

    OpenAIRE

    Julie Juan Li; Kevin Zheng Zhou; Alan T Shao

    2009-01-01

    Despite the prominence of the competitive strategy perspective, it remains unclear whether foreign firms entering China can still adopt a differentiation or low-cost position to achieve superior performance, given the unique market and institutional environments in China. Alternatively, should foreign firms follow conventional wisdom and actively build managerial ties with government officials and business community to enhance their performance? This study develops and tests an interactive pe...

  1. The international business of higher education – a managerial perspective on the internationalisation of UK universities.

    OpenAIRE

    Warwick, P.

    2014-01-01

    This paper employs a managerial perspective to examine the internationalisation of higher education (HE). Using four case studies of United Kingdom (UK) universities, the research identifies the differences between organisations that are making good progress toward implementing their internationalisation strategy and those that are finding it more difficult. The literature review combines three sets of literature on: the internationalisation of HE, management of HE institutions and strategic ...

  2. WTO Accession and Managerial Challenges for Manufacturing Sectors in Southern China

    OpenAIRE

    Yeung, G; Mok, V

    2002-01-01

    Based on 31 case studies, this study tests the validity of four major managerial hypotheses for manufacturers in China after WTO accession. It is argued that the skills of managers will be severely tested in four specific areas after China accedes to the WTO: (1) preparing for trade disputes with their overseas competitors, (2) developing newer and higher value-added products and diversifying their markets, (3) selecting the appropriate localization strategy, and (4) upgrading manufacturing p...

  3. The Relationship between Managerial Satisfaction and Job Turnover Intention: The Mediating Role of Job Satisfaction

    OpenAIRE

    Rüveyda Öztürk Basol; Harun Demirkaya

    2017-01-01

    The growth of service sector in Turkey occurs faster than the other sectors and the number of shopping malls increases correspondingly. The rapid growth of the number of shopping malls has necessitated the measurement of the attitudes of the employees in this sector. This study demonstrated that the gender, marital status and age were not the significant variables on job satisfaction, managerial satisfaction and job turnover intention; however, education status and income...

  4. CEO Appointments and the Loss of Firm-specific Knowledge - Putting Integrity Back into Hiring Decisions

    DEFF Research Database (Denmark)

    Rost, Katja; Salomo, Søren

    2008-01-01

    the last thirty years. Assuming that general managerial skills are becoming more important relative to firm-specific skills, the authors conclude that competition in the managerial labor market establishes optimal contracts. In our model and our empirical analysis we question this explanation by assuming...... that over the past decades the dishonesty of the predecessor has become relatively more important for the appointment decisions of firms. We conclude that outside hires are a suboptimal trend because external candidates even step up the regression of integrity in firms: As nobody has an incentive to invest...

  5. CEO Appointments and the Loss of Firm-Specific Knowledge - Putting Integrity Back into Hiring Decisions

    DEFF Research Database (Denmark)

    Rost, Katja; Salomo, Søren; Osterloh, Margit

    2008-01-01

    the last thirty years. Assuming that general managerial skills are becoming more important relative to firm-specific skills, the authors conclude that competition in the managerial labor market establishes optimal contracts. In our model and our empirical analysis we question this explanation by assuming...... that over the past decades the dishonesty of the predecessor has become relatively more important for the appointment decisions of firms. We conclude that outside hires are a suboptimal trend because external candidates even step up the regression of integrity in firms: As nobody has an incentive to invest...

  6. The Perception of the Internal Managerial Control System – the Case of the Romanian Public Entities

    Directory of Open Access Journals (Sweden)

    State Violeta

    2017-01-01

    Full Text Available In order to control the management of activities for achieve the objectives, the managers at all levels of the hierarchy must have relevant information on the organization's events and activities, in an appropriate form and detail. Thus, they can assume their responsibilities. In this context, we considered that important of organizing and implementing in the public entities of the system of internal managerial control. This system provides reasonable assurance that the organization's objectives will be achieved in terms of efficiency, efficacy, economically. For this purpose, we have carried out a documentary research of both specialized papers and the applicable regulations in force in Romania in the field of managerial internal control within the public entities, as well as empirical research. Thus, in a conjunct survey, we conducted a survey on the implementation of the managerial internal control system in different public institutions in Romania with the central objective to highlight the perception of the staff involved in this tool at the disposal of the management.

  7. INTERDEPENDENCIES OF THE INTERNAL / MANAGERIAL CONTROL STANDARD NO. 6 - ORGANIZATIONAL STRUCTURE

    Directory of Open Access Journals (Sweden)

    Ionut-Cosmin BĂLOI

    2015-06-01

    Full Text Available Our initiative of analyzing the internal control standard which deals with the organizational structure comes from the observations on the significance of these essential aspects of modern management and on the sensitivity with which this standard is treated in most of the public institutions considered representative for the Oltenia region. Although the administrators of public institutions strive to optimize the systems of internal/managerial control, they frequently face many issues concerning the misunderstanding of these standards, vaguely explained, for example throughout some guidelines or other documents. The hypothesis of our study is that most of public institutions face gaps in understanding, interpreting, adapting and implementing an effective model of organizational structure, and the causes are due to the lack of an interdependent, correlated approach of the pillars that support the internal/managerial control system: the 25 standards required by the Romanian legislation. Our study critically describes the superficial approach founded in the self-evaluation reports of the public institutions, if we refer only to the conformity of the organizational structure and the four standards that we consider inextricably related with this internal/managerial control standard. From the methodological point of view, our study tests the correlation between the level of compliance of these standards and the functionality of the system composed by them in the public organizations that we have investigated.

  8. A phenomenological exploration of intellectual disability: nurse's experiences of managerial support.

    Science.gov (United States)

    Galvin, Geraldine; Timmins, Fiona

    2010-09-01

    The present study aimed to explore Registered Nurse Intellectual Disabilities (RNIDs) experiences of managerial support. The current work environment for RNIDs is undergoing immense change. These changes include the introduction of social care leaders and care staff to care for people with an intellectual disability (ID) and community-based approaches to care. This has led to ambiguity and marginalization for RNIDs thus requiring them to re-establish their role boundaries. Support is thus required, through this change process, with managers required to lead and support RNIDs through this process. A Heideggerian constructivist phenomenological approach was used. Four overarching themes emerged from the data: The Professional Role of the Clinical Nurse Manager (CNM), Leadership Role of the CNM, Personal Supports and the Effects of CNM support. The themes found in this research study correlate with findings of other research studies on nurses' experiences of managerial support in various nurse settings. The findings of this research study will illuminate and create an understanding for nurses, nurse managers and ID services of what managerial supports are to this specific group of RNIDs working in this service for people with an ID. © 2010 The Authors. Journal compilation © 2010 Blackwell Publishing Ltd.

  9. Beyond clinical engagement: a pragmatic model for quality improvement interventions, aligning clinical and managerial priorities.

    Science.gov (United States)

    Pannick, Samuel; Sevdalis, Nick; Athanasiou, Thanos

    2016-09-01

    Despite taking advantage of established learning from other industries, quality improvement initiatives in healthcare may struggle to outperform secular trends. The reasons for this are rarely explored in detail, and are often attributed merely to difficulties in engaging clinicians in quality improvement work. In a narrative review of the literature, we argue that this focus on clinicians, at the relative expense of managerial staff, has proven counterproductive. Clinical engagement is not a universal challenge; moreover, there is evidence that managers-particularly middle managers-also have a role to play in quality improvement. Yet managerial participation in quality improvement interventions is often assumed, rather than proven. We identify specific factors that influence the coordination of front-line staff and managers in quality improvement, and integrate these factors into a novel model: the model of alignment. We use this model to explore the implementation of an interdisciplinary intervention in a recent trial, describing different participation incentives and barriers for different staff groups. The extent to which clinical and managerial interests align may be an important determinant of the ultimate success of quality improvement interventions. Published by the BMJ Publishing Group Limited. For permission to use (where not already granted under a licence) please go to http://www.bmj.com/company/products-services/rights-and-licensing/

  10. STUDY REGARDING THE ALLOCATION OF PRODUCTION OVERHEADS PROCEDURE: CONVENTIONALITY, SUBJECTIVITY AND INFORMATION DISTORTION IN MANAGERIAL ACCOUNTING

    Directory of Open Access Journals (Sweden)

    GUINEA FLAVIUS-ANDREI

    2017-02-01

    Full Text Available Traditional methods of cost calculating have become obsolete. The loss of relevance of traditional cost calculating systems is mainly due to the existence of a gap between the current model of enterprise control and the model of analysis centres, as well as the difference between the way of composing the actual cost and its image reflected by managerial accounting. The vision of the company on which the method of analysis centres was based no longer corresponds to the present reality. The approach of this study captures the complex and delicate subject of the allocation of production overheads procedure. Through the field research undertaken, it was aimed to identify and possibly solve the problems related to the rational allocation of these expenditures. The own contributions of the study are highlighted in particular at practical level, as an obvious result of the types of research undertaken. One of the fundamental objectives of the present study is to enhance the interest regarding the practical possibilities of protecting against the dangers of a creative managerial accounting system. A managerial accounting system, once implemented, will also attract the manifestation of creative accounting phenomena, especially in times of crisis. Having at their disposal the most relevant set of information, managers are tempted to resort to more or less ingenious techniques that are more or less questionable and more or less legal, in order to improve the financial statement presentation.

  11. Nurse entrepreneurs' attitudes to management, their adoption of the manager's role and managerial assertiveness.

    Science.gov (United States)

    Sankelo, Merja; Akerblad, Leena

    2008-10-01

    This study explores the attitudes of Finnish nurse entrepreneurs to management, their adoption of the manager's role, managerial assertiveness, development and training needs in management and associated factors. The research was conducted as part of a questionnaire survey among 335 entrepreneurs with different educational backgrounds. The sample for the study reported here consisted of those respondents who had a registered nurse degree. The data were analysed using SPSS statistical software. Nurse entrepreneurs took a positive attitude towards management, but there were obvious shortcomings in their adoption of the manager's role. They also showed a lack of managerial assertiveness. Half of the respondents had development needs and one-third had training needs in relation to management. Nurses who are planning to start up in business should have earlier leadership experience and should attend some form of management training. The provision of care and nursing services is increasingly taking place in the private sector. This study contributes to our understanding of the managerial role of nurse entrepreneurs in this new environment.

  12. Leadership Styles of Russian Enterprise Managers: The Effect of Transactional and Transformational Behaviors on Employees' Evaluation of Managerial Performance.

    Science.gov (United States)

    Ardichvili, Alexander

    2001-01-01

    Identifies leadership styles of Russian enterprise managers and determines how theses styles are related to employees' subjective evaluation of managerial performance. Highlights include laissez-faire leadership, transactional leadership, and transformational leadership; international leadership research; and implications for Russian leadership…

  13. The effects of a sound-field amplification system on managerial time in middle school physical education settings.

    Science.gov (United States)

    Ryan, Stu

    2009-04-01

    The focus of this research effort was to examine the effect of a sound-field amplification system on managerial time in the beginning of class in a physical education setting. A multiple baseline design across participants was used to measure change in the managerial time of 2 middle school female physical education teachers using a portable sound-field amplification system. Managerial time is defined as the cumulative amount of time that students spend on organizational, transitional, and nonsubject matter tasks in a lesson. The findings showed that the amount of managerial time at the beginning of class clearly decreased when the teacher used sound-field amplification feedback to physical education students. Findings indicate an immediate need for administrators to determine the most appropriate, cost-effective procedure to support sound-field amplification systems in existing physical education settings.

  14. Book review:- Confronting Managerialism. How The Business Elite And Their Schools Threw Our Lives Out Of Balance.

    OpenAIRE

    English, Rachel A.

    2011-01-01

    This was a book review on:- Confronting Managerialism. How The Business Elite And Their Schools Threw Our Lives Out Of Balance. Author:- Robert R. Locke & J.C. Spender. Publisher:- Zed Books, London & New York.

  15. Critical analysis of the implications of new managerialism on ethical, democratic and professional values in public service

    Directory of Open Access Journals (Sweden)

    Jose G. Vargas-Hernández

    2016-01-01

    Full Text Available This paper aims to critically analyze the implications of the new managerialism in the public service through ethical, democratic and professional values. It assumes the contradictions between the values that seek to promote the public service under the model of managerialism and the reality of its implementation. The method used is analytical-descriptive-normative from the critical perspective of the parallel developments of managerialism and public service. The theoretical and methodological framework that serves as a reference for this critical analysis is provided by the theories of organizational economics and public choice. The discussion concludes that there is a necessary conflict between ethical, democratic and professional values of these new organizational forms promoted by managerialism through the theories of economics and organizational public choice and traditional values of public service.

  16. Researching pharmacist managerial capability: philosophical perspectives and paradigms of inquiry.

    Science.gov (United States)

    Woods, Phillip; Gapp, Rod; King, Michelle A

    2015-01-01

    In successful community pharmacy business enterprises suitably responsive actions to meet ever-increasing change require capable pharmacy managers who readily learn and adapt. Capability as a concept is generally understood to be the ability of a manager to identify and act to solve unfamiliar problems in unfamiliar situations. Capability is characterized by adaptability and flexibility. However, different understandings of the concept 'capability' and what it means to be 'capable' are indirect and incomplete. This paper aims to clarify current theories regarding the concept of 'capability' at the level of the individual, and through this to make more explicit what is known about the phenomenon, but more particularly, how we know what we know. The analysis includes the concept of 'competence' because explanations of capability include competence, and the two concepts are not clearly separated in the literature. By probing the epistemological origins of current theory concerning both concepts, the limiting taken for granted assumptions are revealed. Assumptions about context and time, and the psychological theory through which individuals are assumed to perceive, know and learn, are illuminated. The analysis, in connection with the literature, shows how the interpretive philosophic research approach may reveal a different and useful theoretical perspective for explaining capability as a dynamic performance. It is suggested that such a perspective may narrow the gap between the theory of capability and its practice. The interpretive perspective holds potential to reveal how capability, as performed by successful community pharmacy managers, might be further researched and strengthened. This paper supports the challenging suggestion that pharmacy social research needs to rebalance the dominance of purely empirical research by exploring interpretive methodologies to better understand human actions and relations in the context of pharmacy. Crown Copyright © 2015

  17. Investigating whether a lack of marketing and managerial skills is the main cause of business failure in South Africa

    Directory of Open Access Journals (Sweden)

    S Radipere

    2014-07-01

    The study concludes that a lack of marketing and managerial skills has a negative impact on the success, viability and development of small businesses.  The challenge is to improve the managerial skills of small business owners, since the small business sector is widely considered to be the ideal site for the solving of South Africa’s unemployment problems and the rejuvenation of its stagnating economy.

  18. A meta-analysis of country differences in the high-performance work system-business performance relationship: the roles of national culture and managerial discretion.

    Science.gov (United States)

    Rabl, Tanja; Jayasinghe, Mevan; Gerhart, Barry; Kühlmann, Torsten M

    2014-11-01

    Our article develops a conceptual framework based primarily on national culture perspectives but also incorporating the role of managerial discretion (cultural tightness-looseness, institutional flexibility), which is aimed at achieving a better understanding of how the effectiveness of high-performance work systems (HPWSs) may vary across countries. Based on a meta-analysis of 156 HPWS-business performance effect sizes from 35,767 firms and establishments in 29 countries, we found that the mean HPWS-business performance effect size was positive overall (corrected r = .28) and positive in each country, regardless of its national culture or degree of institutional flexibility. In the case of national culture, the HPWS-business performance relationship was, on average, actually more strongly positive in countries where the degree of a priori hypothesized consistency or fit between an HPWS and national culture (according to national culture perspectives) was lower, except in the case of tight national cultures, where greater a priori fit of an HPWS with national culture was associated with a more positive HPWS-business performance effect size. However, in loose cultures (and in cultures that were neither tight nor loose), less a priori hypothesized consistency between an HPWS and national culture was associated with higher HPWS effectiveness. As such, our findings suggest the importance of not only national culture but also managerial discretion in understanding the HPWS-business performance relationship. (PsycINFO Database Record (c) 2014 APA, all rights reserved).

  19. A robust decision-making approach for p-hub median location problems based on two-stage stochastic programming and mean-variance theory : a real case study

    NARCIS (Netherlands)

    Ahmadi, T.; Karimi, H.; Davoudpour, H.

    2015-01-01

    The stochastic location-allocation p-hub median problems are related to long-term decisions made in risky situations. Due to the importance of this type of problems in real-world applications, the authors were motivated to propose an approach to obtain more reliable policies in stochastic

  20. The purchase decision process and involvement of the elderly regarding nonprescription products.

    Science.gov (United States)

    Reisenwitz, T H; Wimbish, G J

    1997-01-01

    The elderly or senior citizen is a large and growing market segment that purchases a disproportionate amount of health care products, particularly nonprescription products. This study attempts to examine the elderly's level of involvement (high versus low) and their purchase decision process regarding nonprescription or over-the-counter (OTC) products. Frequencies and percentages are calculated to indicate level of involvement as well as purchase decision behavior. Previous research is critiqued and managerial implications are discussed.