Information theory and the role of intermediaries in corporate governance

We investigate the connection between corporate governance system configurations and the role of intermediaries in the respective systems from a informational perspective. Building on the economics of information we show that it is meaningful to distinguish between internalisation and externalisation as two fundamentally different ways of dealing with information in corporate governance systems. This lays the groundwork for a description of two types of corporate governance systems, i.e. insider control system and outsider control system, in which we focus on the distinctive role of intermediaries in the production and use of information. It will be argued that internalisation is the prevailing mode of information processing in insider control system while externalisation dominates in outsider control system. We also discuss shortly the interrelations between the prevailing corporate governance system and types of activities or industry structures supported

The interplay of retirement policy and externalisation strategies towards older workers in Polish and German enterprises

Throughout the last decades, employment rates of older workers in most European countries have been falling, as has the age of exit from the labour force. This development does not only exert heavy financial pressures on social security systems but inhibits also the potential of older workers to shape their lives actively. The reasons for that trend can be found at three dimensions: the early retirement options inherent in the public retirement system, the internalisation and externalisation strategies of enterprises, and the retirement preferences of individual workers. The paper will present recent empirical data on the way enterprises utilise early retirement options created by the public retirement system for externalising older workforce. The data was collected in expert interviews with personnel managers and works council members in Polish and German enterprises. Many of the studied companies are undergoing restructuring and are cutting employment levels. This clearly dominates their personnel policy towards older workforce. Therefore, externalisation strategies outbalance any possible tendencies to integrate older workers, like considering them to a greater extent in recruitment. The paper will also discuss the possible future development of externalisation strategies in the light of pension reforms carried out in Germany and Poland. --

Language as an instrument of thought

I show that there are good arguments and evidence to boot that support the language as an instrument of thought hypothesis. The underlying mechanisms of language, comprising of expressions structured hierarchically and recursively, provide a perspective (in the form of a conceptual structure) on the world, for it is only via language that certain perspectives are avail- able to us and to our thought processes. These mechanisms provide us with a uniquely human way of thinking and talking about the world that is different to the sort of thinking we share with other animals. If the primary function of language were communication then one would expect that the underlying mechanisms of language will be structured in a way that favours successful communication. I show that not only is this not the case, but that the underlying mechanisms of language are in fact structured in a way to maximise computational efficiency, even if it means causing communicative problems. Moreover, I discuss evidence from comparative, neuropatho- logical, developmental, and neuroscientific evidence that supports the claim that language is an instrument of thought

A weighted decision matrix for outsourcing library services

A study, funded by Resource: The Council for Museums, Archives and Libraries, was undertaken in 2000-2001 to give an up-to-date view of the current experience of outsourcing and externalization in libraries, museums and archives. Case studies of purchasers recognized as pioneers in the field, and of providers, were undertaken. As a result, this weighted decision matrix was developed as a tool for judging the suitability of library services for outsourcing. Illustrations of potential uses are given

Exploiting tacit knowledge through knowledge management technologies

The purpose of this paper is to examine the contributions and suitability of the available knowledge management (KM) technologies, including the Web 2.0 for exploiting tacit knowledge. It proposes an integrated framework for extracting tacit knowledge in organisations, which includes Web 2.0 technologies, KM tools, organisational learning (OL) and Community of Practice (CoP). It reviews a comprehensive literature covering overview of KM theories, KM technologies and OL and identifies the current state of knowledge relating to tacit knowledge exploitation. The outcomes of the paper indicate that Internet and Web 2.0 technologies have stunning prospects for creating learning communities where tacit knowledge can be extracted from people. The author recommends that organisations should design procedures and embed them in their Web 2.0 collaborative platforms persuading employees to record their ideas and share them with other members. It is also recommended that no idea should be taken for granted in a learning community where tacit knowledge exploitation is pursued. It is envisaged that future research should adopt empirical approach involving Complex Adaptive Model for Tacit Knowledge Exploitation (CAMTaKE) and the Theory of Deferred Action in examining the effectiveness of KM technologies including Web 2.0 tools for tacit knowledge exploitation

Book review: Rethinking public service delivery

Many public services today are delivered by external service providers such as private firms and voluntary organizations. These new ways of working – including contracting, partnering, client co-production, inter-governmental collaboration and volunteering – pose challenges for public management. This book aims to assess the ways in which public sector organizations can improve their services and outcomes by making full use of the alternative ways of getting things done. Alastair Hill believes it is in many ways a milestone work, both in its mapping of the complex 21st Century landscape of public service delivery, but also in offering a clear framework for practitioners

Construction and validation of the self-conscious emotions at work scale

The present study reports on the construction and validation of a new assessment instrument for self-conscious emotions in the work context, namely the Self-Conscious Emotions at Work Scale (SCEWS). In eight typical self-conscious work scenarios respondents have to indicate their emotional reaction in terms of 20 appraisals, subjective experiences, and action tendencies that are relevant and representative for the domain of self-conscious emotions. In total 512 students and 467 working adults completed the SCEWS and reported the frequency of positive emotions, anger, anxiety and sadness. In both samples a three-factorial structure emerged with a guilt, a shame/humiliation, and an anger in self-conscious situations factor. These three self-conscious emotion factors correlated differentially and in a predicted way with the frequency of emotions. Guilt-proneness was predicted to be psychologically constructive and correlated to the frequency of positive emotions. The proneness to shame/humiliation was expected to relate to internalising psychopathological tendencies, and positively correlated to a frequency of anxiety and sadness. Proneness to anger in self-conscious situations was expected to relate to externalising psychopathological tendencies and correlated with the frequency of anger in general. The present study demonstrates that self-conscious emotions can be validly measured in the work context. The new instrument allows for the systematic study of the role of self-conscious emotions in work and organisational behaviour

Developing a Framework for Managing Tacit Knowledge in Research using Knowledge Management Models

This research investigates whether and how selected models from Knowledge Management (KM) can be used to devise a framework for building coherent and rigorous methodologies for research in the creative and practice-led disciplines (CPD). This research has arisen from methodological problems of research in art and design in the UK concerning how, and the extent to which, non-propositional and tacit kinds of knowledge (e.g. experiential, procedural) can be included and communicated within research. The proposed research builds on previous studies by the authors into the role and relationship of different kinds of knowledge in research (Niedderer, 2007a, 2007b), and into how knowledge management (KM) and creative disciplines provide complementary insights on how knowledge can be managed and transferred (Imani, 2007). The research investigates whether and how the SECI model (Nonaka &amp; Takeuchi, 1995; Nonaka, 2000) can be used to develop a framework for managing different kinds of knowledge in research. Our research goes beyond existing approaches by offering a generic and flexible framework which researchers can use to better understand and build their own research methodologies and to integrate individual methods with regard to managing different kinds of knowledge.</p