29,578 research outputs found

    General metrics and contracting operations

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    Managing at the Speed of Light: Improving Mission-Support Performance

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    The House and Senate Energy and Water Development Appropriations Subcommittees requested this study to help DOE's three major mission-support organizations improve their operations to better meet the current and future needs of the department. The passage of the Recovery Act only increased the importance of having DOE's mission-support offices working in the most effective, efficient, and timely manner as possible. While following rules and regulations is essential, the foremost task of the mission-support offices is to support the department's mission, i.e., the programs that DOE is implementing, whether in Washington D.C. or in the field. As a result, the Panel offered specific recommendations to strengthen the mission-focus and improve the management of each of the following support functions based on five "management mandates":- Strategic Vision- Leadership- Mission and Customer Service Orientation- Tactical Implementation- Agility/AdaptabilityKey FindingsThe Panel made several recommendations in each of the functional areas examined and some overarching recommendations for the corporate management of the mission-support offices that they believed would result in significant improvements to DOE's mission-support operations. The Panel believed that adopting these recommendations will not only make DOE a better functioning organization, but that most of them are essential if DOE is to put its very large allocation of Recovery Act funding to its intended uses as quickly as possible

    Web Services Support for Dynamic Business Process Outsourcing

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    Outsourcing of business processes is crucial for organizations to be effective, efficient and flexible. To meet fast-changing market conditions, dynamic outsourcing is required, in which business relationships are established and enacted on-the-fly in an adaptive, fine-grained way unrestricted by geographic distance. This requires automated means for both the establishment of outsourcing relationships and for the enactment of services performed in these relationships over electronic channels. Due to wide industry support and the underlying model of loose coupling of services, Web services increasingly become the mechanism of choice to connect organizations across organizational boundaries. This paper analyzes to which extent Web services support the dynamic process outsourcing paradigm. We discuss contract -based dynamic business process outsourcing to define requirements and then introduce the Web services framework. Based on this, we investigate the match between the two. We observe that the Web services framework requires further support for cross - organizational business processes and mechanisms for contracting, QoS management and process-based transaction support and suggest ways to fill those gaps

    Better Auditing for Better Contracting: Eight Recommendations to Reform the Defense Contract Audit Agency and Other Federal Government Audit

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    Examines why the DCAA's audits of government contractors sometimes fail. Proposes reforms to strengthen oversight, including giving auditors authority to subpoena contractor records and shifting from limited to risk-based audits and random checks

    The Role of Maintenance and Facility Management in Logistics: A Literature Review

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    Purpose - The purpose of this paper is to provide a literature review on the different ways of carrying out Facility Management and related topics in order to uncover that there is limited research regarding the impact of Facility Management on the logistics and operational performance of warehouses. Design/methodology/approach - Four different focus areas have been identified and for each one different methodologies and streams of research have been studied. Findings - The study underlines the importance of Facility Management for the logistics operations; therefore it supports the notion that investments aiming at preserving the status of the building and service components of warehouses are crucial. Originality/value - This paper aims to suggest to Facility Management managers that they can contribute to enhance business performance by designing effective Facility Management strategie

    Alignment model for trunk road network maintenance outsourcing

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    Road maintenance outsourcing is now the foremost strategy by which road authorities procure maintenance works. Despite growing application of road maintenance outsourcing, there are conflicting estimates on the effective­ness of road maintenance outsourcing and shortage of appropriate models to align over optimistic expectations of road authorities from road maintenance outsourcing with substantiated benefits. This paper investigates the efficacy of road maintenance outsourcing. In this paper, the different variants of road maintenance outsourcing and road maintenance works are evaluated with a SWOT analysis and a comprehensive literature review respectively. In addition, a road main­tenance outsourcing alignment model based on a decision tree and Balance Score Card is proposed and illustrated with a Nigerian trunk road network authority as a case study. The result of the SWOT analysis and comprehensive literature review establishes fresh insight into road maintenance outsourcing dynamics. The presented road maintenance outsourc­ing alignment model provides adequate pathways that could assist road authorities identify the most appropriate road maintenance outsourcing variant for road maintenance procurement. In addition it aligns actual benefits and expectations of road maintenance outsourcing and facilitates development of SMART metrics for effective assessment of road main­tenance outsourcing. The proposed model is applicable across other infrastructures. First published online: 01 Sep 201

    The Road Less Traveled: Funders' Advice on the Path to Nonprofit Sustainability

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    (With apologies to Robert Frost, The Road Not Taken, 1920.) As part of the Capital Ideas symposium co-hosted by the Hauser Center for Nonprofit Organizations at Harvard University and the Nonprofit Finance Fund in March, 2007, an online survey was conducted about funder practices that support nonprofit sustainability. This article highlights the survey findings and the advice that funders offered from their own experiences as paths to greater nonprofit strength. Rather than a qualitative analysis of funding initiatives, this article presents guidance to the field from the field, as funders grappling with how best to strengthen the long term health of their grantees reflect on their works in progress. This article then goes a step further by annotating these lessons learned with the additional perspective offered from just four of the ten draft funding principles that have evolved from the Capital Ideas symposium with the hope of encouraging more funders to consider these principles and practices in their own work. The Capital Ideas survey generated 48 profiles of funding approaches, practices and strategies that support nonprofit organizational capacity building, long term financial health and or programmatic improvement. The lessons funders learned from those initiatives informed ten funding principles that were introduced at the Capital Ideas symposium on March 15, 2007 at Harvard University. Four of those draft principles, outlined below, offered concepts that resonated throughout the profiles and are offered as key steps for funders to consider as they reflect upon their own giving practices. These principles include: Understand when youre building or buying, and fund accordingly. Actively pool resources when more funds are required to achieve results. Minimize the transaction costs for grantees and funders of applying for and reporting on grants. Fund at the organizational rather than the programmatic level, even when your primary interest is in one program. This publication is Hauser Center Working Paper No. 40. The Hauser Center Working Paper Series was launched during the summer of 2000. The Series enables the Hauser Center to share with a broad audience important works-in-progress written by Hauser Center scholars and researchers

    Clawback Provisions in Real Estate Investment Trusts

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    Using a sample of 195 unique real estate investment trusts (REITs), we examine factors related to the adoption of clawback provisions within managerial compensation contracts. In general, we find strong and consistent empirical evidence that clawback provision are directly related to firm size, complexity, leverage, growth options, monitoring incentives, and CEO performance incentives. We also find that clawbacks are associated with enhanced market and accounting performance, with stronger performance relations observed for adoption decisions tied directly to regulatory mandates. In sum, we conclude compensation clawback provisions represent a value-relevant, strategic governance mechanism for REITs
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