Corporate education system as a factor of ensuring modern companies’ financial stability

Purpose: This article aims to identify the role of corporate universities opened by large holdings for their employees’ effective training as a part of the company’s mission implementation and ensuring business financial stability strategy. Design/Methodology/Approach: To implement flexible project management of the companies’ financial stability, a concept of corporate university development is presented on the grounds of a competency-based approach. Main emphasis of the competency-based approach is aimed at the labor functions performance and establishment of a correlation between competence and labor efficiency of employees. Findings: Methods and techniques of corporate education are aimed at creating human capital development optimal model, ensuring the company’s financial stability. Practical Implications: The study results were tested as part of a corporate retraining program for the specialists at the “Russian Railways” company in Rostov-on-Don. Participation in corporate university programs allows employees responding quickly to market changes. Originality/value: Main contribution of this study is to create an algorithm for transmitting the company's strategy to all management levels. The tools for key changes in the company’s organizational and financial management system are formed at a corporate university.peer-reviewe

Creating and Capturing Value Through Sustainability: The Sustainable Value Analysis Tool. A new tool helps companies discover opportunities to create and capture value through sustainability.

Recent research and practice have shown that business model innovation can be one way to create and capture new value and drive production and consumption toward sustainability. However, business model tools typically do not create a space to consider how sustainability concerns may be integrated into the innovation process. To address this gap, this article describes a tool that can help companies identify new opportunities to create and capture value through sustainability by analyzing value captured and uncaptured for key stakeholders across the product life cycle. The Sustainable Value Analysis Tool is shown to help companies recognize value uncaptured and turn it into opportunities; it facilitates sustainability-focused business model innovation by identifying value uncaptured—and hence, opportunities for innovation—associated with environmental and social sustainability in production, use, and disposal.This study was supported by the EPSRC Centre for Innovative Manufacturing in Industrial Sustainability (grant EP/I033351/1) and the EPSRC project Business Models for Sustainable Industrial Systems (grant EP/L019914/1)

Creating and capturing value through sustainability: the Sustainable Value Analysis Tool

This is the author accepted manuscript. The final version is available from Taylor & Francis (Routledge) via the DOI in this record.Recent research and practice have shown that business model innovation can be one way to create and capture new value and drive production and consumption toward sustainability. However, business model tools typically do not create a space to consider how sustainability concerns may be integrated into the innovation process. To address this gap, this article describes a tool that can help companies identify new opportunities to create and capture value through sustainability by analyzing value captured and uncaptured for key stakeholders across the product life cycle. The Sustainable Value Analysis Tool is shown to help companies recognize value uncaptured and turn it into opportunities; it facilitates sustainability-focused business model innovation by identifying value uncaptured—and hence, opportunities for innovation—associated with environmental and social sustainability in production, use, and disposal.This study was supported by the EPSRC Centre for Innovative Manufacturing in Industrial Sustainability (grant EP/I033351/1) and the EPSRC project Business Models for Sustainable Industrial Systems (grant EP/L019914/1

An Internal Perspective of Business Model Innovation in Manufacturing Companies

Business model innovation is increasingly being used as a concept in different academic fields, although it is still missing a ground theoretical conceptualization. This work aims at advancing the understanding of business model innovation from an internal perspective in manufacturing companies. It builds on a literature review regarding two main concepts – business model and business architecture – and proposes a set of key areas for internally-driven business model innovation. Six main areas have been identified: i) strategy & business goals; ii) organizational culture; iii) product and service management; iv) technology management; v) operations management; vi) performance management systems. Further research will analyze the innovation processes within each area, based on existing theoretical foundations and empirical studies. Moreover, new empirical studies will be performed to further investigate different potential pathways for business model innovation.This work builds on research initially undertaken on SustainValue project which received funding from the European Community´s Seventh Framework Programme (FP7/2007-2013) under grant agreement n°262931. Further review and analysis leading to these results was supported by the EPSRC Centre for Innovative Manufacturing in Industrial Sustainability (grant n° EP/I033351/1).This is the author accepted manuscript. The final version is available from IEEE via http://dx.doi.org/10.1109/CBI.2015.4

On the existence of traveling waves in the 3D Boussinesq system

We extend earlier work on traveling waves in premixed flames in a gravitationally stratified medium, subject to the Boussinesq approximation. For three-dimensional channels not aligned with the gravity direction and under the Dirichlet boundary conditions in the fluid velocity, it is shown that a non-planar traveling wave, corresponding to a non-zero reaction, exists, under an explicit condition relating the geometry of the crossection of the channel to the magnitude of the Prandtl and Rayleigh numbers, or when the advection term in the flow equations is neglected.Comment: 15 pages, to appear in Communications in Mathematical Physic

Nuclear spin-lattice relaxation in p-type GaAs

Spin-lattice relaxation of the nuclear spin system in p-type GaAs is studied using a three-stage experimental protocol including optical pumping and measuring the difference of the nuclear spin polarization before and after a dark interval of variable length. This method allows us to measure the spin-lattice relaxation time $T_1$ of optically pumped nuclei "in the dark", that is, in the absence of illumination. The measured $T_1$ values fall into the sub-second time range, being three orders of magnitude shorter than in earlier studied n-type GaAs. The drastic difference is further emphasized by magnetic-field and temperature dependences of $T_1$ in p-GaAs, showing no similarity to those in n-GaAs. This unexpected behavior is explained within a developed theoretical model involving quadrupole relaxation of nuclear spins, which is induced by electric fields within closely spaced donor-acceptor pairs.Comment: 9 pages, 8 figure