An investigation of the impact of enterprise social media in leading an enterprise transformation

Thesis (S.M.)--Massachusetts Institute of Technology, Engineering Systems Division, 2013."February 2013." Cataloged from PDF version of thesis.Includes bibliographical references (p. 108-112).Historically, 70% of change initiatives in organizations and businesses fail. Change involves people. Throughout decades, as the generations change, we've seen a major change in the leader's approach and the medium they have used to connect with people. It is predicted that enterprise social media will become the main communications channel for 20% of business users by 2014. Investigation in this thesis shows the extent to which corporate leaders have used enterprise social media to bring a change in an organization. This research is an examination of how enterprise social media can deliver value in bringing an enterprise transformation. Fundamentals that have been laid out by Dr. Kotter to implement change in the organizations by the corporate leaders still hold. This thesis includes a practical examination of the effectiveness of using enterprise social media for each of the Dr. Kotter's 8-stages for leading change. To investigate the impact of enterprise social media in enterprise transformation, several full scale and brief interviews were conducted with key stakeholders in small, medium, and large scaled organizations. In addition to the standard Lean Advancement Initiative (LAI) suite of tools, the effectiveness of social media was evaluated in various stages using Kaplan's Balanced Scorecard, Force Field Analysis, Matrix Scorecard, System Dynamics Model, and a Weighted Scoring Card. Analysis suggests that based on the existing set of enterprise social tools, enterprise social media can play a key role in 3 of the 8 steps of leading change described by Dr. Kotter. Currently, enterprise social media can provide limited advantages in 5 of the 8 steps of leading change. Going forward, with the emerging set of enterprise social tools that are more integrated into business processes, the role of enterprise social media in bringing an enterprise transformation is expected to increase significantly.by Raj (Pratik) Rajani.S.M

Chinese Enterprise Reform as a Market Process

The reform of China's enterprise system increasingly reflects the outcome of China's emerging property rights market. We distinguish between a centrally-directed reform strategy, with characteristics similar to those of a Pigouvian tax, and a market-driven reform process, which captures the essential features of a Coasian approach to social cost. The Coase Theorem postulates that eliminating transaction costs and attaching well specified property rights to public goods that generate externalities will allow uncoordinated economic agents to negotiate institutional arrangements that produce socially efficient allocation of resources. Extending Coase's reasoning to the case of socialist transition ' we argue that reforms that expand competition, move toward well-specified assignment of ownership rights to public enterprises, and reduce transaction costs will motivate the "ultimate" owners, including officials of national and sub-national government agencies, to reconfigure their assets or to combine their assets with those of other jurisdictions and/or private investors to create more efficient ownership arrangements. We review the extent to which China's reforms have established the conditions for an effective market in ownership rights to industrial property. We tabulate progress from 1 980 to present along the three major analytic dimensions inherent in Coase's analysis: competition, property rights, and transaction costs. We conclude that the sheer size and diversity of China's industrial economy will motivate a continuation of decentralized reform initiatives. To support this Coasian reform process, central and provincial governments need to expand initiatives to clarify property rights, particularly the right of alienation, reduce impediments to competition, and facilitate the reduction of transaction costs.http://deepblue.lib.umich.edu/bitstream/2027.42/39466/3/wp76.pd

The Determinants of Foreign Direct Investment in Transition Economies

Using a panel dataset containing information on FDI flows from market to transition economies, we establish the determinants of FDI inflows to Central and Eastern Europe: country risk, unit labour costs, host market size and gravity factors. In turn, we find country risk to be influenced by private sector development, industrial development, the government balance, reserves and corruption. By introducing structural shift dummy variables for key announcements of progress in EU accession we show that announcements have impacted directly upon FDI receipts but have not influenced country credit ratings. The Agenda 2000 announcement by the European Commission induced a bifurcation between the 'first wave' transition countries and the remainder of our sample. The underlying dynamics of the process illustrate that increases in FDI improve country credit ratings with a lag, hence increasing future FDI receipts. Consequently we suggest that the accession progress has the potential to induce virtuous cycles for the frontrunners but may have serious consequences for the accession laggards.http://deepblue.lib.umich.edu/bitstream/2027.42/39726/3/wp342.pd

Strategies for sustainable socio-economic development and mechanisms their implementation in the global dimension

The authors of the book have come to the conclusion that it is necessary to effectively use modern approaches to developing and implementation strategies of sustainable socio-economic development in order to increase efficiency and competitiveness of economic entities. Basic research focuses on economic diagnostics of socio-economic potential and financial results of economic entities, transition period in the economy of individual countries and ensuring their competitiveness, assessment of educational processes and knowledge management. The research results have been implemented in the different models and strategies of supply and logistics management, development of non-profit organizations, competitiveness of tourism and transport, financing strategies for small and medium-sized enterprises, cross-border cooperation. The results of the study can be used in decision-making at the level the economic entities in different areas of activity and organizational-legal forms of ownership, ministries and departments that promote of development the economic entities on the basis of models and strategies for sustainable socio-economic development. The results can also be used by students and young scientists in modern concepts and mechanisms for management of sustainable socio-economic development of economic entities in the condition of global economic transformations and challenges

Benchmarking performance management systems

The Balanced Scorecard and associated performance management approaches, has become a widely practiced and popular management reporting method in recent times. Moreover, enabling technology, which assists in the delivery and personalisation of corporate performance information, is having a deeper and more rapid impact than ever before. This paper presents a brief comparative benchmarking study of leading enterprise performance management systems. Also, the author discusses the merits of bespoke internet technology development and out-of-the-box portal functionalities. An analysis of key business drivers and implementation risks of such approaches is highlighted via a case study example, and concludes the paper