Epoch, Epistemology and the Virtual Organization

This paper engages with contemporary discussions of ?the virtual organization?. Starting with some influential accounts that were published in the 1990s, the paper highlights the continued significance of control ration alities in the increasingly dispersed and disaggregated organizations of the advanced industrial societies. The paper also takes issue with the ?epochalist? tendency to equate virtuality with the ?end of organization?, and it puts the case for a more historically situated view of technology in ?post bureaucratic? or ?virtualised? organizational settings

A Postmodern Theory of Industrial Democracy

This paper argues that the greatly increased emphasis in our civilization today on expanding one of the oldest and most basic values, the idea of democracy, has given the public an interest in wanting more participation in the decision-making processes that vitally affect their welfare. It is the thesis of this paper that an extension of participative decision making into capitalism could develop what is called a postmodern theory of industrial democracy. At the same time, such a theory redefines the discourse on empowerment

Filtration Failure: On Selection for Societal Sanity

This paper focuses on the question of filtration through the perspective of “too much information”. It concerns Western society within the context of new media and digital culture. The main aim of this paper is to apply a philosophical reading on the video game concept of Selection for Societal Sanity within the problematics of cultural filtration, control of behaviors and desire, and a problematization of trans-individuation that the selected narrative conveys. The idea of Selection for Societal Sanity, which derives from the first postmodern video game Metal Gear Solid 2: Sons of Liberty (2001), is applied into a philosophical framework based on select concepts from Bernard Stiegler’s writing and incorporating them with current events such as post-truth or fake news in order to explore the role of techne and filtration within social organizations and individual psyches. Alternate forms of behavior, which contest cultural paradigms, are re-problematized as tension between calculability and incalculability, or market value versus social bonding

Co-Opting Revolution in the Post-Revolutionary Age - Revolution as Embedded Counter-Culture in Swedish Finance

From the 1980s and onwards, markets have been prime movers in an individualist, market-liberal transformation, and now take part in the every-day life of the general public. Similar to economic development, also personal identity has become fuelled by consumption. Production and work turn more peripheral vis-à-vis the self-project. Instead of the process of production, objects of consumption, in which to express one’s individuality become situated at the centre of business-life. Consumers with values of expressive individualism view seemingly non-conformist products as attractive. Swedish finance is here analysed as a formerly conservative sector of business that because of an increasingly focus on speed opens up to notions of counter-culture and even revolution.brokerage firms; co-optation; counter-cultures; ethical consumption; revolution

Power and multistakeholderism in internet global governance. Towards a synergetic theoretical framework

With the advancement of multistakeholder collaboration as a governance principle in theglobal Internet Governance, how to investigate the political process in a ‘shared power’environment emerges as a challenging methodological issue. In this paper, a synergetic theoretical approach is proposed to the study of Internet governance political process, which focuses on the concept of power, and crosses the boundaries of three academic fields, namely, Political Philosophy, Political Science and International Relations, and Organization Studies. This approach aggregates, in a descending analytical manner, concepts intrinsically linked to the contemporary shifting governance paradigm (i.e. governmentality, global governance, global public-policy networks, shared power, multistakeholder collaboration). In addition, such an approach brings the collaborative process into focus (rather than the decisions it leads to) by accentuating the productive potential of a collaboration based on the ‘shared power’ formula. Each of those theoretical reflections on shifting power relations provides building elements for a synergetic theoretical framework that can be, and has been, applied to the investigation of the emergent Internet governance regime. As a result, stakeholder alliances can be mapped, instances of power dynamics can be discerned, and some longitudinal tangible and intangible outcomes of the multistakeholder collaboration can be envisioned

An Empirical Investigation into the Matching Problems among Game Theoretically Coordinating Parties in a Virtual Organization

Virtual organization emerged as a highly flexible structure in response to the rapidly changing environment of 20th century. This organization consists of independently working parties that combine their best possible resources to exploit the emerging market opportunities. There are no formal control and coordination mechanisms employed by the classical hierarchical structures. Parties, therefore, manage their dependencies on each other through mutual understanding and trust. Mathematician John Nash, having significant contributions in Game Theory suggests that in every non-cooperative game there is at least one equilibrium point. At this point, according to him, every strategy of the player represents a response to the others’ strategies. Such equilibria could exist in a virtual organization, at which parties coordinate which each other to optimize their performance. Coordination/Matching problems are likely to arise among game theoretically coordinating parties in a virtual organization, mainly due to lack of binding agreements. By identifying and resolving these matching problems, virtual organizations could achieve efficiency and better coordination among parties.Virtual organization, Game theory, Matching problems, Coordination

Exchange Market Pressure in African Lusophone Countries

This paper explores the credibility of exchange rate arrangements for the five African Portuguese-speaking (PALOP) countries. Our working hypothesis is that credibility necessarily implies low mean exchange market pressure (EMP), low EMP conditional volatility and low-severity EMP crises. In addition, economic fundamentals must account for EMP dynamics. We also seek evidence of a risk-return relationship for mean EMP and of “bad news” (negative shocks) having a greater impact on EMP volatility than “good news” (positive shocks). Using our econometric models, we are able to rank PALOP countries’ conditional volatility in ordinal terms. Our main conclusion is that countries with currency pegs, such as Guinea-Bissau (GB) and Cape Verde (CV), clearly have lower volatility when compared to those with managed floats and are therefore more credible. Moreover, EMP crises episodes under pegs are much less severe. We find that economic fundamentals correctly account for mean EMP in all countries and that the risk-return relationship is much more favourable for investors under currency pegs, as the increase in volatility is lower for the same rate of return. The exception to this finding is Mozambique (MOZ), which apparently has a risk-return profile akin to that enjoyed by countries with pegs. A plausible reason is that MOZ has the only managed float in our sample implementing monetary and exchange rate policy within the confines of an IMF framework, which establishes floors for international reserves and ceilings for the central bank’s net domestic assets. This intuition needs to be tested, however. EMP conditional volatility is generally driven by changes in domestic credit (lowers it) and foreign reserve changes (raises it). The first effect is more pronounced under currency pegs, but also under MOZ’s managed float. “Bad news” increases volatility more that “good news” only in the case of CV’s currency peg, which we take to be another sign of its credibility. A few striking cross-country comparisons also emerge in our analysis. Among countries with managed floats, we find that Angola (ANG) has the most severe EMP crises whilst MOZ has the least severe. São Tomé & Princípe (STP), meanwhile, lies between these two extremes but its EMP crises behaviour is clearly much closer to that of MOZ. STP’s credibility may also be improving since its volatility has declined as of 2002 and its level is now much closer to that of MOZ, whose managed float has lowest volatility of such arrangements.

A commentary on decision-making and organisational legitimacy in the Risk Society

Key concepts of Risk Society as elaborated by Ulrich Beck and others (Beck, U., 1992 (trans. Mark Ritter). The Risk Society. Sage Publications, London. Beck, U., 1995, Ecological Politics in the Age of Risk. Polity Press, Cambridge. Beck, U., 1999, World Risk Society. Polity Press, Cambridge. Giddens, A., 1994, Beyond Left and Right. Polity Press, Oxford. Beck, U., Giddens, A. and Lash, S., 1994, Reflexive Modernisation: Politics, Tradition and Aesthetics in the Modern Social Order. Stanford University Press, Stanford. Beck, U., Bonss, W. and Lau, C., 2003, Theory, Culture & Society 2003, Sage, London, 20(2), pp. 1-33.) are illuminated though a case study of managed environmental risk, namely the hexachlorobenzene (HCB) controversy at Botany, a southeast suburb of Sydney. We observe the way multiple stakeholder decision-making plays out a number of Risk Society themes, including the emergence of 'unbounded risk' and of highly 'individualised' and 'reflexive' risk communities. Across several decades, the events of the HCB story support Risk Society predictions of legitimacy problems faced by corporations as they harness technoscientific support for innovation in their products and industrial processes without due recognition of social and environmental risk. Tensions involving identity, trust and access to expert knowledge advance our understanding of democratic 'sub-political' decision-making and ways of distributing environmental risk. © 2008 Elsevier Ltd. All rights reserved

Postmodern Organization and Service Delivery in the Banking Industry Lagos State, Nigeria

The banking industry in any economy is expected to be the engine room of economic growth and development. The industry globally, has employed practices that have challenged the continued relevance of the ideal bureaucratic model of Max Weber in order to improve in its service delivery. These global practices that are at variance with the bureaucratic model are regarded in this study as postmodern organization. Postmodern organization has contributed to quality service delivery in most countries of the world. In a bid to remain globally relevant and to improve in service delivery, the Nigerian banking industry forced its way into a postmodern organization. However, in spite of the adoption and implementation of these global practices, XIII the Nigerian banking sector still manifests turbulence and gap in quality service delivery. It was against this backdrop that this study was embarked upon to unravel the extent of postmodern organization in the Nigerian banking industry; the extent to which postmodern organization contributes to service delivery in the sector and the role of the business environment in the observed trends. Postmodern theory, Complexity theory, Structuration theory and theory Z were used to explain specific themes of the study. The study was conducted in six banks selected from the twenty one existing commercial banks in Nigeria in six Local Government Areas of the three Senatorial Districts of Lagos State, Nigeria. A sample of 371 bank employees and 584 of their customers was selected for the study from the six consolidated banks studied. The study employed both quantitative and qualitative methods of data collection. These include a cross sectional survey of the banks and their customers (involving the use of two structured questionnaires) and in-depth interviews. All statistical analyses were performed using the SPSS software package. Descriptive statistics such as frequency distribution, cross tabulations, measures of central tendency and variability (mean, standard deviation) were employed. The key findings show that postmodern organization is evident in the banking industry in Nigeria and its application has improved service delivery to the economy. However, some of the features of postmodern organization such as, decentralization, employee empowerment and customer service among others, were not well implemented because they were foreign transplanted. The turbulence in the Nigerian banking industry was not limited to the shortcomings of the internal organization of the banks and poor implementation of the postmodern features. Rather, it is mainly located in the problems arising from the banks’ business external environment which the banks have little or no control over. These include the dearth of infrastructural facilities, the predominance of corruption, policy summersaults, socio-cultural misalignment/distortions, and environmentally induced poor corporate governance. It is concluded that modern organization typical of bureaucracy cannot be totally jettisoned. It can only be modified or complemented by postmodern organization especially in developing nations like Nigeria to meet situations as they present themselves

Lines of Flight: Everyday Resistance along England’s Backbone

The visual and the cultural impact of ‘social industry’ has made a permanent impression on the landscape and on individual minds, whether for ill or for good, particularly in the Peak and Pennines region of northern England. In the current research we examine this impact and consider how both its visible and less apparent effects took hold and how they set in motion an ongoing process of productive/consumptive estrangement from life’s primordial forces, which continue to be alien and obscure, or else appear arcane and overly nostalgic to present-day life. Drawing on the methodology of a short film (incorporating narrative and verse) and using rock climbing as an illustration, we will invoke several, radically dynamic ‘lines of flight’ to open up and articulate an aesthetic appreciation of concrete experience in the fight against coding and to engender a call for action and passion so that we might come to a renewed belief in free activity, which can prompt us, in turn, to think about how we live and work and how we might change things