80,635 research outputs found

    Stakeholder engagement: Defining strategic advantage for sustainable construction

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    This is the accepted version of the following article: Rodriguez-Melo, A. and Mansouri, S. A. (2011), Stakeholder Engagement: Defining Strategic Advantage for Sustainable Construction. Bus. Strat. Env., 20: 539–552, which has been published in final form at http://onlinelibrary.wiley.com/doi/10.1002/bse.715/abstract.Although sustainable development is increasingly becoming a part of business plans, it is unclear what makes the economic, social and environmental dynamics strategically compatible. This research examines which of the following in sustainable development – government policy, managerial attitude and stakeholder engagement – is the most influential on the profitability of companies in the UK construction sector. Quantitative and qualitative analyses were rendered through a survey and semi-structured interviews. Patterns of ambiguity in legislation were discovered as an obstacle for changing the sector's mind-set. Stakeholder engagement was identified as the defining factor increasing managers' awareness, helping legislation to be effectively implemented and making sustainability highly appealing to clients. These findings indicate that to gain competitive advantage, companies should embark on long-term strategic alliances which adopt the proposals of environmental non-governmental organisations and closely follow public opinion. This, strengthens brand equity, allows for premium pricing, increases market share and maximizes profit

    Planning Rural Water Services in Nicaragua: A Systems-Based Analysis of Impact Factors Using Graphical Modeling

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    The success or failure of rural water services in the developing world is a result of numerous factors that interact in a complex set of connections that are difficult to separate and identify. This research effort presented a novel means to empirically reveal the systemic interactions of factors that influence rural water service sustainability in the municipalities of Darío and Terrabona, Nicaragua. To accomplish this, the study employed graphical modeling to build and analyze factor networks. Influential factors were first identified by qualitatively and quantitatively analyzing transcribed interviews from community water committee members. Factor influences were then inferred by graphical modeling to create factor network diagrams that revealed the direct and indirect interaction of factors. Finally, network analysis measures were used to identify “impact factors” based on their relative influence within each factor network. Findings from this study elucidated the systematic nature of such factor interactions in both Darío and Terrabona, and highlighted key areas for programmatic impact on water service sustainability for both municipalities. Specifically, in Darío, the impact areas related to the current importance of water service management by community water committees, while in Terrabona, the impact areas related to the current importance of finances, viable water sources, and community capacity building by external support. Overall, this study presents a rigorous and useful means to identify impact factors as a way to facilitate the thoughtful planning and evaluation of sustainable rural water services in Nicaragua and beyond

    Enhancing Inter functional coordination and marketing performance: utilization of the motivation/ability/opportunity framework

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    This paper integrates a large literature on intra-organisational relationships with the aim to understand how to enhance coordination between different functional units inside an organisation and to empirically examine the impact of inter functional coordination on marketing performance. By drawing on the Motivation/Ability/Opportunity (MAO) theoretical framework, this research attempts to examine factors to enhance employees? motivation/ability/opportunity to coordinate on improving inter functional coordination. The research also empirically examined the impact of inter functional coordination on marketing performance in terms of adaptiveness, effectiveness, efficiency and creativity of marketing programmes. The research conceptual model was tested with data collected from 274 structured surveys in medium to large Egyptian firms. Regression analysis was employed as a tool for testing the research hypotheses. The research findings suggest that the use of cross functional teams, resource dependency, joint reward systems, management support, positively affect the level of inter functional coordination. The research also showed that some factors, for example employees? interpersonal skills, might hinder coordination between functional units and these issues should be resolved in order to establish an effective inter functional coordination. The research provides empirical evidence of the direct positive impact of inter functional coordination on marketing performance

    Long-Term Load Forecasting Considering Volatility Using Multiplicative Error Model

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    Long-term load forecasting plays a vital role for utilities and planners in terms of grid development and expansion planning. An overestimate of long-term electricity load will result in substantial wasted investment in the construction of excess power facilities, while an underestimate of future load will result in insufficient generation and unmet demand. This paper presents first-of-its-kind approach to use multiplicative error model (MEM) in forecasting load for long-term horizon. MEM originates from the structure of autoregressive conditional heteroscedasticity (ARCH) model where conditional variance is dynamically parameterized and it multiplicatively interacts with an innovation term of time-series. Historical load data, accessed from a U.S. regional transmission operator, and recession data for years 1993-2016 is used in this study. The superiority of considering volatility is proven by out-of-sample forecast results as well as directional accuracy during the great economic recession of 2008. To incorporate future volatility, backtesting of MEM model is performed. Two performance indicators used to assess the proposed model are mean absolute percentage error (for both in-sample model fit and out-of-sample forecasts) and directional accuracy.Comment: 19 pages, 11 figures, 3 table

    Understanding the Footprint of the RBV in International Business Studies: the Last Twenty Years of Research

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    International business (IB) research has evolved substantially over the past four decades incorporating new concerns and theoretical contributions. During the past two decades, the Resource-Based View (RBV) has gained the preference of many IB scholars and has gradually become one of the dominant theoretical perspectives for studying IB decisions and operations. The 1991 article “Firm resources and sustained competitive advantage” by Jay Barney is recognized as a fundamental contribution to the Resource-Based View (RBV). In this paper we assess the influence of the RBV, proxied by Jay Barney’s (1991) article, on IB research over the twenty years period, from 1991 to 2010. In this bibliometric study of the articles published in the leading journal for IB research – Journal of International Business Studies (JIBS) – we conduct citation and co-citation analyses, the networks of co-authorship, and delve into the analysis of the key research topics. Beyond understanding the extant research we also contribute to i identifying future research avenues.info:eu-repo/semantics/publishedVersio

    Relationships' sustainability: the case of German wheat-to-bread chain

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    In recent years there has been a shift in emphasis from transaction-based to more co-operative relationships, as chain members have recognised the need to invest in their supply chain relationships in order to protect their businesses. These non-arm’s-length relationships are capable of generating relational rents for chain partners. The main aim of this paper is to investigate why, in spite of the advantages of the non-arm’s-length relationships, some relationships do not continue. To enhance the understanding of the termination process, we identify and analyse the factors inducing relationship sustainability (continuation) as well as termination in the case of the German wheat-to-bread chain. The study built on the findings of relationship marketing approach that stresses the importance of building longer-term relationships with customers rather than carrying out individual transactions. In addition, the findings of modern microeconomic theories including transaction costs theory and industrial theory are taken into consideration. The empirical analysis is based on two data sets: First, a quantitative questionnaire survey and second, interviews with stakeholders of the wheat-to-bread chain were conducted, aiming at identifying the role of economic and behavioral dimensions of relationships for their termination. The questionnaire survey provides that businesses assess the relationships in the wheat-to-bread chain, being of high quality and long term duration. The results show that trust, satisfaction and commitment - the behavioural dimensions of relationships quality - are very high in the considered chain. Competitive price, competitive quality and supply continuity were identified as determinants mostly important for buyers’ satisfaction as directly influencing relationships’ performance. In addition, the results demonstrate that lack of trust is the reason why relationships do not develop or are terminated in the early phases of the relationship. In the long lasting relationships on the other hand, the reasons for termination are mostly of economic nature. The paper shows why sustainable relationships may enhance business’ competitiveness and analyses why in spite of it the relationships terminate. As the result of the research we understand the sustainable relationships as those relationships in that the costs for starting the relationship are exceeded by returns gained from the cooperation in time.economic relationships, sustainability, termination, Agribusiness,
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