Business Competitiveness in Bahrain: A Synopsis

Unbridled freedom to private business sector is a harbinger of business collapse and eventually the economic landscapes of nations. We have had ample examples very recently. Hence, suitable rules and regulations are essential in conditioning favourable business environment. The ease of doing business can be understood by the availability of a cross section of factors such as clarity of property rights, low cost of resolving disputes, predictability of economic policies and situation, protection to investments, impartial redressal mechanism, the freedom and low cost retrenchment policy and exit, ease of resource mobilisation etc. This report reviews two annual reports on Doing Business pertaining to Kingdom of Bahrain vis-a-vis major counterparts in the Middle East and other noted economies.Business competitiveness, Doing business, Business environment, Kingdom of Bahrain

Trust is the new black

Trust is at the heart of ongoing relationships amongst people, but also with brands and companies. It has become a hot topic (Connelly, 2017, Huffington, 2015), particularly given the increasing media coverage of breakdowns in customer trust in well-known companies such as VW, Tesco, BP and Google. But away from these headlines is a stronger, more underlying trend. A move from transactions to longer term customer relationships. The risk of undermining that relationship through not being transparent, not being fair, not having reliable products and services is exacerbated as our world becomes increasingly technology focused. Relationships with suppliers we don’t know are built through trusted on-line third parties. Information about products and services we are unfamiliar with is increasingly sought from others, on-line, and subsequent feedback on customer experiences shared quickly and widely. Where companies are not transparent, the exponential growth in speed and breadth of news spreading makes them vulnerable. It is impossible to hide. However, to assess our own approach to corporate and brand trust, it helps to go back to the key academic theories to discover the concepts that underpin our understanding of trust, the factors that build trust and the outputs that emerge. In addition, we need to understand our performance on trust in the light of data from an industry and global context but also to support the business case for ensuring it remains a business priority. Examining a few of the high-profile failures in trust also helps us identify the range of areas where trust can be undermined. They provide pieces of a jigsaw that, when seen together, help us understand a broader picture of trust to inform our approach with our businesses and our customers now and in the future

The Network Economy and Models of the Employment Contract: Psychological, Economic and Legal

The emergence of the so-called ¿network economy¿ and the development of project-basedwork pose a fundamental challenge to established methods of regulating the employmentrelationship. There appears to be an unsatisfied demand for its greater use, especially amongemployers, and it is argued that this may be blocked by the lack of suitable contractual forms,such as those that have underpinned the established open-ended employment relationship.Project-based work seeks to retain some of the open-ended flexibility of the standardemployment relationship in relation to its task content but not its duration. The paper arguesthe success of the standard employment relationship owes much to the articulation of itspsychological, economic/incentive, and legal aspects. As yet, this appears to be lacking formore transient forms of relationship.Network economy, Labor Contracting, Labor Law, Labor-Management Relations

The ‘network economy’ and models of the employment contract.

The development of the ‘network economy’ and project-based work challenge established methods of regulating employment relationships. There appears to be an unsatisfied demand for its greater use, especially among employers, and this may be blocked by the lack of suitable contractual forms.. Project-based work seeks to retain some of the open-ended flexibility of the standard employment relationship in relation to its task content but not its duration. The paper argues the success of the standard employment relationship stems from articulation of its psychological, economic/incentive, and legal aspects. As yet, this appears to be lacking for more transient forms of relationship.

BUILDING RELIABLE AND ROBUST SERVICE-BASED SYSTEMS FOR AUTOMATED BUSINESS PROCESSES

An exciting trend in enterprise computing lies in the integration of applications across an organisation and even between organisations. This allows the provision of services by automated business processes that coordinate business activity among several collaborating organisations. The best successes in this type of integrated distributed system come through use of Web Services and Service-based Architecture, which allow interoperation between applications through open standards based on XML and SOAP. But still, there are unresolved issues when developers seek to build a reliable and robust system. An important goal for the designers of a loosely coupled distributed system is to maintain consistency for each long running business process in the presence of failures and concurrent activities. Our approach to assist the developers in this domain is to guide the developers with the key principles they must consider, and to provide programming models and protocols, which make it easier to detect and avoid consistency faults in service-based system. We start by defining a realistic e-procurement scenario to illustrate the common problems faced by the developers which prevent them from building a reliable and robust system. These problems make it hard to maintain the consistency of the data and state during the execution of a business process in the occurrence of failures and interference from concurrent activities. Through the analysis of the common problems, we identify key principles the developers must consider to avoid producing the common problems. Then based on the key principles, we provide a framework called GAT in the orchestration infrastructure. GAT allows developers to express all the necessary processing to handle deviations including those due to failures and concurrent activities. We discuss the GAT framework in detail with its structure and key features. Using an example taken from part of the e-procurement case study, we illustrate how developers can use the framework to design their business requirements. We also discuss how key features of the new framework help the developers to avoid producing consistency faults. We illustrate how systems based on our framework can be built using today’s proven technology. Finally, we provide a unified isolation mechanism called Promises that is not only applicable to our GAT framework, but also to any applications that run in the service-based world. We discuss the concept, how it works, and how it defines a protocol. We also provide a list of potential implementation techniques. Using some of the implementation techniques we mention, we provide a proof-of-concept prototype system

British Balance of Competence Reviews, Part I: ‘Competences about right, so far’. EPIN Working Paper No. 35, October 2013

The first in a series for a CEPS-EPIN project entitled “The British Question and the Search for a Fresh European Narrative” this paper is pegged on an ambitious ongoing exercise by the British government to review all the competences of the European Union. The intention is that this should provide a basis for informed debate before the referendum on the UK remaining in the EU or not, which is scheduled for 2017. This paper summarises the first six reviews, each of which runs to around 80 pages, covering foreign policy, development policy, taxation, the single market, food safety, and public health. The present authors then add their own assessments of these materials. While understandably giving due place to British interests, they are of general European relevance. The substantive conclusions of this first set of reviews are that the competences of the EU are judged by respondents to be ‘about right’ on the whole, which came as a surprise to eurosceptic MPs and the tabloid media. Our own view is that the reviews are objective and impressively researched, and these populist complaints are illustrating the huge gap between the views of informed stakeholders and general public opinion, and therefore also the hazard of subjecting the ‘in or out’ choice for decision by referendum. If the referendum is to endorse the UK’s continuing membership there will have to emerge some fresh popular narratives about the EU. The paper therefore concludes with some thoughts along these lines, both for the UK and the EU as a whole

A Literature Survey on Forms, Antecedents, and Outcomes of Interorganizational Relationships

The partnership concept is extended by the philosophy of supply chain management into a multiform effort to manage the total flow of goods from the supplier to the final customer. To achieve efficiency and capture the target goals, different production activities are coordinated within the supply networks, as well as in different forms of interorganizational relationship. Regardless of the nature of relationship or types of business some external (uncertainty, global competition, etc.), interorganizational (interdependence, trust, commitment, goal congruency, etc.), and organizational (scarcity, associated cost, organizational capacity, etc.) factors influence the formation of interfirm relationships. The motive behind the formation of interorganizational relationships is to increase relational competitive advantages

Supermarkets and Rural Livelihoods: A Research Method

This document presents a research method to analyze the access of small and medium farmers to the supermarket market, and the effect of such access on the producers' decisions and net incomes. The method was developed for and used in a study carried out in 2004 in three Central American countries.Labor and Human Capital, Marketing,