Towards a talent retention model: mapping the building blocks of the psychological contract to the three stages of the acquisition process

Author(s):  
Denise Holland ◽  
Hugh Scullion

This research paper examines the overall merger and acquisition process and identifies the determinants of successful merger and acquisition for Indian companies. The acquisition process identified for this paper was classified into three stages, i.e., pre-acquisition management, post-acquisition integration, and post-acquisition performance evaluation. This process itself has a crucial role in deciding the success of the acquisition deal. Utilizing information from previous research, in the present study fifteen dimensions have been identified in three stages of merger and acquisition. These fifteen dimensions were employed as the building blocks of a successful acquisition transaction. Through synthesizing multiple dimensions in the overall acquisition process simultaneously, an attempt has been made to identify the content of specific factors that has affected a successful merger and acquisition deal.


2018 ◽  
Vol 26 (1) ◽  
pp. 95-109
Author(s):  
Guoxin Ma ◽  
John Blenkinsopp ◽  
Steve Armstrong

AbstractThis paper addresses longstanding questions about how promise and obligation, two of the key conceptual building blocks for psychological contract research, are conceptualized and operationalized: How do employees understand these concepts? Would their understandings be congruent with the researchers’ and how would this knowledge inform future psychological contract research? Drawing on interviews with 61 Chinese workers from diverse backgrounds, our results suggest the concepts have distinct meanings for participants in terms of three criteria (defining characteristics, key features and manifestations in employment). We argue that promise and obligation are likely to serve different functions in employment relationship and have different meanings for researchers versus participants, and accordingly we highlight the challenges of using them to conceptualize and operationalize psychological contracts in China and beyond.


2021 ◽  
pp. 19-33
Author(s):  
Jan Jonker ◽  
Niels Faber

AbstractA transition from a linear economy to a more sustainable and circular economy requires different business models. In this chapter, we provide you with an introduction to the nature and logic of business models. In essence, a business model is a description of how value creation between parties or partners is organized, at a particular moment, in a specific context, and given available resources. Conventional business modelling approaches have several weaknesses—the main point of criticism being their focus on creating financial value. With the Business Model Template (BMT), we try to resolve most of these criticisms. To do so we introduce three archetypal business models: the platform, community, and circular economy business models. This chapter provides an overview on how, over three stages and ten building blocks that together make up the Business Model Template, these archetypal business models will be used.


2019 ◽  
Vol 63 (4) ◽  
pp. 238-250
Author(s):  
Elena Bender ◽  
Niclas Schaper ◽  
Mirko Schürmann

Abstract. This study investigates factors influencing employeesʼ intention to stay. Therefore, we developed and analyzed a retention model relating to the voluntary turnover model ( Allen et al., 2010 ). We assume that the decision processes for retention and turnover might be similar. Differences can be found in the initiating factors (the drivers for leaving and staying). We combine empirically evident retention drivers, which are weighted regarding their implementation in the organization, with process variables from the turnover model. The model is tested with a sample of 881 German employees using structural equation modeling. Results show a significant indirect effect of the retention drivers on the intention to stay. The influence is mediated by the key attitudes job satisfaction and affective commitment. A psychological contract breach influences the relationship between job satisfaction and intention to stay, but not between affective commitment and intention to stay. We integrated research from Human Resource Management (HRM) into the framework of voluntary turnover.


2016 ◽  
Vol 4 (3) ◽  
pp. 257-278 ◽  
Author(s):  
Francis Kasekende ◽  
John C. Munene ◽  
Joseph M. Ntayi ◽  
Augustine Ahiauzu

Purpose The purpose of this paper is to address the building blocks for psychological contract among public institutions in Uganda by investigating the mediation effect of leader-member exchanges (LMX) in the relationship between perceived environmental dynamism and psychological contract. Design/methodology/approach The authors use structural equation modelling (AMOS) to investigate the hypotheses. Findings LMX is a significant mediator in the association between generational work values and psychological contract and technological advancement and psychological contract among employees in public institutions in Uganda. Practical implications At commissions and agencies level, generational work values and technological advancement seem to create better effects on employee-employer unwritten expectations and obligations when they go through LMX. This has important implications for the investment in and outcomes of these LMX endeavours from both the employer and the employee. Originality/value The study is one of the pioneers to demonstrate that the presence of LMX reflected in the form of a dyadic relationship helps to extend the positive effects generational work values and technological advancement have on psychological contract.


2021 ◽  
pp. 167-175
Author(s):  
Jan Jonker ◽  
Niels Faber

AbstractThis book is designed to support you to work through the ten building blocks of the Business Model Template (BMT), grouped into three stages, from left to right and top to bottom. The underlying idea is to develop a business model from scratch by following the various steps in the Business Model Template in a straightforward and almost linear manner. There is nothing wrong with your first attempt at developing a business model. But there are many other possible routes. Here we outline five possible alternatives: (1) Idea-driven, (2) Proposition-driven, (3) Network-driven, (4) Impact-driven, and (5) Competence-driven. Depending on your circumstances, the networks you have access to, and the nature of the idea you would like to pursue, an alternative route might be worth looking at. You can still use all of the building blocks of the Business Model Template, but in a different order. That part is up to you.


Author(s):  
Maxim Eltsov

The article reveals the results of pedoarchaeological research of the Zhayyk-kurgan. The research is based on the pedoarchaeological method in the study of historical monuments as a part of natural. The essence of this method is a joint study of modern soils and ancient paleosols of different age archaeological monuments. The obtained data allowed us to clarify the construction features of the archaeological monument’s ground mound, as well as to suggest the time of its building. Natural conditions in this period (probably 5th century BC) were generally similar to modern ones, the area was dominated by steppe landscapes with dark chestnut soils. The сentral part of the kurgan was built of soil blocks, which are cut out upper humus horizons of the soil in their natural composition. The inner mound of the monument is surrounded by a circular moat about 80 cm deep. In the сentral part of the mound, there are traces of burning in the form of burnt and melted blocks, pieces of soil colored brick and dark pink, charred fragments of wood. The internal structure made of blocks is covered with an embankment of yellow-gray loose humus loam, which is a layer of soil lying under the humus horizon in the areas of building blocks preparation, and this material also fills the ring moat. The embankment that overlaps the primary structure, in turn, is covered with a massive gray-brown top-up that forms the appearance of the monument. It is possible to point out three stages of the kurgan construction: the moment of building a block structure with a ring moat; the stage of building the first mound, and then covering the entire structure with the mound of the last burial.


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