PPM Papers Coming Soon
This section contains information about articles under review and waiting for publication in next issues of the journal.
Doing research on ‘management fashions’: methodological challenges and opportunities
Dag Oivind Madsen, Buskerud University College, Norway
Abstract. Management fashion theory is a growing research area in management studies. The focus of this management fashion literature is to understand why some management concepts are spread quickly and widely, while others are not. However, doing research on fashionable management concepts is a difficult task, and many commentators have pointed out the limitations of the research methods used in extant research. A consequence of these difficulties is that the theory has many understudied areas and ‘blind spots’. This paper aims at providing a review of the research methods typically used in management fashion research, and assesses the strengths and weaknesses of various approaches. Based on this review, the paper suggests research strategies that can be used to illuminate the blind spots of the management fashion theory. The paper distinguishes between research strategies at four analytical levels: the managerial level, the intra-organizational level, the field-level and the cross-national level.
An outcome evaluation of an adult education and postsecondary alignment program: the accelerate New Mexico experience
Mario A. Rivera, Regents' Professor, The University of New Mexico, New Mexico, USA
Abstract. Accelerate Math Camp, a federally-funded project of the Accelerate Technical Training and Job Placement Program (hereafter Accelerate New Mexico), has been carried out for three consecutive years (2011-2013) in six college campuses in northern New Mexico, in the Southwestern United States. Accelerate Math Camp has uniquely demonstrated statistically significant achievement of learning outcome goals by nontraditional students striving to enter or reenter a very competitive job market in STEM (Science, Technology, Engineering, and Math) related fields. Most remarkably, students of all backgrounds - men, women, racial and ethnic minorities, and majority students - have fared equally well in the 2013 Accelerate Math Camp. The program evaluation here reported found exceptionally positive results across the six program sites for student participants fitting every socio-demographic profile.
Problems of modernization and development priorities for industrial complex
Tatiana Kolmykova, Southwest State University, Kursk, Russia
Abstract. The article is devoted to the problems of the Russian industrial complex modernization. Particular attention is paid to the role of government in stimulating the development of the national industry. The key role of government programs in implementation of major innovation projects is considered. Structural reforms must be directed to support basic research in priority areas of science and technology, the creation of high technology, the introduction of innovations in different sectors of the economy, and especially in the industrial complex.
Long-run M&A success of strategic bidders in the construction industry
Dirk Schiereck, Department of Law and Economics, Darmstadt University of Technology, Germany
Abstract. The M&A success of strategic consolidation in various industries can be at least partly explained by increased market power, some potential for collusion or monopolistic price setting capabilities. This is not the case with the construction industry. This industry is characterized by high fragmentation, very low market shares of even the largest corporations and hardly any potential for gaining market power through acquisitions. Nevertheless, the construction industry shows intensive M&A activity and the question arises whether these transactions are favourable for the bidding companies.
Using the Internet to market small, medium and micro enterprises in a developing economy
Jeevarathnam P. Govender, Durban University of Technology, South Africa
Abstract. The Internet has become a key tool in promoting small businesses and their products. This, combined with the increased use of the Internet by customers, worldwide, provides opportunity for small businesses to raise their online profile. The objective of this paper is to ascertain the extent to which small, medium and micro enterprises (SMMEs) have adopted the Internet as a marketing tool. To this end, a survey was conducted among 388 South African SMMEs using non-probability sampling. The results indicate that hype created around company websites, businesses advertise online, are using online directories, social media and e-mails to promote themselves all to some extent. There was a notable absence of the use of viral campaigns and engagement in online sponsorships. The large majority of respondents indicated that small businesses were not effectively using the Internet to promote themselves. Recommendations are made on how SMMEs can use the internet more effectively in promoting their businesses.
Exploring factors affecting use of mobile government services in India
Mamta Sareen, University of Delhi, India
Abstract. Over the last two decades, Indian Government, both at central and state levels, have been attempting to deliver electronic or web-based citizen services. There have been varying degree of success and electronic government in India has been an area of extensive research. Given the very high teledensity in India and the penetration of mobile devices to larger masses, Indian Government today is exploring the use of mobile devices for offering citizen services and also to look at transitioning from electronic services to mobile-based service delivery. A new term mobile government is taking shape in India. However, mobile government is still in its infancy. A transition from electronic to mobile government in India requires the investigation of factors that could affect the use of mobile government services specifically in the Indian context. Experts have identified a number of such factors such as e-government strategy, cost, legal issues, social issues etc. However, these factors are likely to differ and vary across nations. This paper presents the findings of an online survey of Indian e-government experts on the factors affecting the use of mobile government services in India.
The influence of mergers & acquisitions on the management performance of financial institutions in the Taiwan region
Tsai-Yuan Lin, Graduate School of Business and Operations Management, Chang Jung Christian University, Taiwan
Abstract. In order to increase global competition, the merger among domestic financial industry has appeared (merged) since Taiwan joining WTO in 2002. The main purpose of this study is to examine the operating performance and the embedded risk factors for these organizations after affiliation. In this study, Data Envelopment Analysis (DEA) model was applied for performance measurement. Input and output were used to collect relevant information (secondary data) to conduct empirical research. The results showed that risk factors have positive impact on efficiency, especially the overall efficiency and technical efficiency. Although the beginning efficacy and end efficacy were not obvious, the overall efficacy was no significantly influenced. However, the means was decreasing because not every short period of consolidation is absolutely efficient, arising out of, two banks before acquisition, each with their different corporate cultures, and some non-financial factors. But the long-term synergies, the acquisition of commercial banks in Taiwan is to help the growth of both its banking financial or non-financial aspects of the surface, for both long-term helpful extraordinary.
The dynamics of foreign direct investment in SADC countries: experiences from five middle-income economies
Edmore Mahembe, University of South Africa (Unisa)
Abstract. This paper examines the dynamics of foreign direct investment (FDI) inflows and economic growth in five middle-income SADC countries, namely Botswana, Lesotho, South Africa, Swaziland and Zambia. It also analyzes the individual countries’ policies and strategies that are aimed at boosting FDI and economic growth. The analysis of this study shows that in the 1980s and the early 1990s, most SADC countries were still coming out of colonialism, and, as a result, their policies were focused on import substitution, socialism and a command economy. There was a heavy emphasis on protectionism and the protection of infant industries from foreign competition. As a result, the FDI inflows were fairly low during this period. However in the late 1990s and early 2000s, the majority of these countries embarked on privatization, liberalization, economic structural-adjustment programmes and FDI regulatory reviews. These policies led to significant increases in FDI inflows, especially from developed countries. However, like many other African countries, the FDI inflows into these countries are still fairly low. Some of the constraints identified in this paper include political instability, policy uncertainty, poor infrastructure and difficulty in doing business.
Role of monitoring and controlling quality in total quality management (TQM)
Sanjana Brijball Parumasur, University of KwaZulu-Natal, South Africa
Abstract. As a result of increasing competition, organizations have realized the importance of using technological advances in bringing about continuous improvement in quality, thereby securing increased customer satisfaction and loyalty as well as sustainable development. This study aims to assess managerial perceptions of the extent and nature of monitoring and controlling quality (competitive benchmarking, continuous monitoring of sources of defects, statistical quality control) that takes place in the organization in efforts to achieve total quality management. Biographical influences on these managerial perceptions are also assessed. A sample of 202 managers (middle, senior, top) was drawn using a stratified random sampling technique. Data was collected using a pre-coded, self-developed questionnaire whose psychometric properties were assessed using Factor Analysis and Cronbach's Coefficient Alpha respectively. Data was analyzed using descriptive and inferential statistics. The findings reflect that managers believe that monitoring and controlling quality takes place at a moderate pace in the organization with the greatest focus being on competitive benchmarking, followed by continuous monitoring of sources of defects and lastly, on statistical quality control. Based on the empirical analysis, since all action plans for monitoring and controlling quality in the organization reflect areas for improvement in bringing about total quality management, a graphical representation is outlined to recommend strategies for enhanced monitoring and controlling of quality and the accomplishment of TQM.
International trade and entrepreneurship - why Germany is so overwhelming among EU-27-countries?
Arto Lahti, Aalto School of Business, Finland
Abstract. Clustered Multinational Corporations (MNCs) own elements of trustified capitalism in terms of Joseph Schumpeter. MNCs invest heavily in global R&D and marketing, and they signal market power in the markets and countervailing power in politics as John Kenneth Galbraight noticed. Because NMCs dominate the global commodity markets, they can collectively determine the rules of the game in the global economic evolution or revolution. The dilemma in most EU-27-countries is that they have not been able to develop their own management doctrines. They apply the U.S. Harvard-Chicago Industrial Organization (IO) model without critics. The most influential writer has been Michael Porter. His models of competitive strategy or national diamonds, show clusters are far too trivial to be applicable in EU-27 countries that have a long history as the civilized nations compared with the. U.S., Germany is an exception. Germany and the German speaking Europe has their own management doctrine initiated by Friedrich List and modified by Joseph Schumpeter. List argued that economic policy had to be adapted to the needs of specific nations to create the National System of Innovation for Germany. Schumpeter gave micro level advices of economic incentives for entrepreneurs. The third economic miracle (Wirtschaftswunder) in Germany since 1990s is a combination of List’s and Schumpeter’s thinking. Germany’s global success recipe is more useful for EU-27 countries than Harvard-Chicago IO model.
The power of self-love in the evolution of leadership and employee engagement
Kurt A. April, Graduate School of Business, University of Cape Town, South Africa
Abstract. The purpose of this paper is to shine a light on the relatively unexplored phenomenon of self-love, and to create a conscious understanding of what it is and the powerful role that it could play at the heart of leadership, particularly in improving employee engagement. In offering a contribution that may help leaders to evolve their leadership, this work seeks to show leaders that it is possible to enhance their leadership with the energy of love, by bringing in love to the self first. This research was exploratory and qualitative in nature using a hybrid interpretive-phenomenological and social constructionist approach. Self-love was defined and deconstructed based on an extensive literature review and semi-structured interviews with 24 cross-functional leaders and leadership advisors, psychologists and coaches. Self-love was found to be fundamental to leadership and organizations by 100% of the participants, with a pervasive impact that includes the structure and quality of decision-making, the ability to inspire high levels of commitment and productivity from employees, and the ability to foster a culture of innovation. In addition, self-love is found to be at the heart of authenticity, servant leadership, empathy, care for employees and the ability to listen which link to leadership traits that have been found to encourage employee engagement. A definition of self-love and Constructs of Self-Love Model emerged from the research. Self-love is a rare, but vitally important, phenomenon, with a need for greater understanding of the concept.
Out-of-the-box? The state of the academic discussions about strategies and strategy work
Rauno Rusko, University of Lapland, Finland
Abstract. Strategies are popular instrument to organize business. However, general definition for strategy is still missing. This is an accepted state of affairs. However, there is a need to study further subjects of strategy and strategizing. This study focuses on this field using strategic journals and especially articles of “strategy work” as a source. The aim is to find combining and differentiating contents, discourses and meanings about strategy, and strategy work. Analysis reveals that the use of “strategy work” is mainly associated with the practices of strategy or strategy-as-practice and secondary the mainstream “traditional” perspectives. For example, in strategy education there is a need for new ways of thinking, “out-of-the-box”, outside the traditional perspectives. Despite the critique mounted against the traditional strategy perspective, there are efforts to construct combining strategy perspectives between practices (strategy itself) and traditional (managing strategy) perspective. The study suggests achieving added value via coexistence of two strategy discussions.
An analysis of multi-stakeholder interactions in the sugar industry using a social complexity framework
Cecile N. Gerwel Proches, Graduate School of Business and Leadership, University of KwaZulu-Natal, South Africa
Abstract. This study examines social complexity in the sugar industry. The sugar industry is complex, characterized by multiple stakeholders each with their own objectives. This study focuses on the interrelationships between the stakeholders by analyzing social complexity. The qualitative research approach was employed. Twenty-three in-depth, unstructured interviews were conducted with various stakeholders to collect data on the challenges that exist. The diverse goals of the stakeholders were found to be characteristic of a purposeful system, as is the case with social systems, but were identified as a potential source of conflict. Although the mill is a corporate shareholder entity, local interactions were found to be important in shaping the future. Critical factors, such as haulier inefficiencies, cane supply and cane quality, were found to have significant implications for the sustainability of the mill area.