Navigating growth in emerging markets: six rules for improving decision making between corporate and local leadership

The aim of this paper was to assess the level of community participation and the localization of decision-making with regards to foreign donor funded projects in Zimbabwe. The participatory approach was the theoretical framework that was adopted for the research paper. The primary data were collected from a survey of 52 project members who were from two localngos that were randomly selected from Chiredzi District, located in the South Eastern low veld of Zimbabwe. The findings show that there was partial to no involvement of the project members in various phases of the project cycle. Furthermore, there were consultations with the local leadership, but not during the assessment phase of the project. The authors conclude there is need for community involvement in decision making, project ownership, and clear lines of communication with thengos, among others.

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Leadership and decision-making style for airline crisis management in emerging markets

EuroMed J of Management ◽

10.1504/emjm.2019.10026073 ◽

2019 ◽

Vol 3 (2) ◽

pp. 89

Author(s):

Mazen O. Bekdash

Keyword(s):

Decision Making ◽

Emerging Markets ◽

Crisis Management

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Environmental, Social, and Governance Investment in Emerging Markets: A Case Study of Firms in Southeast Asia

WIMAYA ◽

10.33005/wimaya.v2i01.43 ◽

2021 ◽

Vol 2 (01) ◽

pp. 8-16

Author(s):

Upalat Korwatanasakul ◽

Adam Majoe

Keyword(s):

Decision Making ◽

Content Analysis ◽

Emerging Markets ◽

Southeast Asia ◽

Investment Decision ◽

Decision Making Process ◽

Investment Decision Making ◽

Sustainability Reports ◽

Asean Countries

This study examines the current situation of environmental, social, and governance (ESG) investment in Association of Southeast Asian Nations (ASEAN) countries. Based on a purposive sampling, our sample includes 143 leading firms from 10 ASEAN countries. By intensively reviewing firms’ multiyear annual and sustainability reports, we utilize content analysis to identify the characteristics of ESG firms (firms considering ESG factors in their investment decision-making process). Our result shows that ESG firms, on average, have higher profitability. Moreover, ESG investment helps lower costs and boost revenue and profits. However, ESG investment has only been implicitly and unsystematically implemented in ASEAN firms.

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Transforming a cancer center into a high reliability organization.

Journal of Clinical Oncology ◽

10.1200/jco.2019.37.27_suppl.234 ◽

2019 ◽

Vol 37 (27_suppl) ◽

pp. 234-234

Author(s):

Anna C. Pavlick ◽

Kathleen C. Duffy Fray ◽

Annette C. Rabinovich ◽

Benjamin C. Wertheimer

Keyword(s):

Decision Making ◽

Safety Climate ◽

Positive Impact ◽

High Reliability ◽

Medical Center ◽

Cancer Center ◽

High Reliability Organization ◽

Local Leadership ◽

Emotional Recovery ◽

Preventable Harm

234 Background: The goals of a high reliability organization (HRO) are to eliminate preventable harm and streamline processes to maximize efficiency. The NYU Langone Medical Center embarked upon transforming the entire organization into an HRO. Educating the staff of the NYU Perlmutter Clinical Cancer Center (NYUPCCC) about the principles of HRO and a stepwise rollout began in March 2018. Methods: All cancer center employees were provided with an anonymous survey designed to assess culture, teamwork and burnout. Response rate to the survey was 83%. The survey evaluated 8 areas: improvement readiness, local leadership, teamwork climate, safety climate, decision making, burnout climate, personal burnout and emotional recovery. Three areas of opportunity were identified: teamwork and communication, discussing and correcting errors and participation in decision-making. Implementation and onboarding of the NYUPCCC occurred in 3 phases due to the physical layout of the center. Infusion floors were paired with physician floors that utilized them. Three “aims” for each floor were proposed with one aim being an overlapping aim that would require collaboration between the treatment and physician floors. Weekly “huddles” at a white board occur at a defined time and is led by a different staff member each week. This 15-minute gathering of all floor staff allows for an open exchange of ideas, verbalization of new areas of improvement and staff acknowledgement who provided a service above and beyond expectations. Initiatives and results will be presented. Results: This initiative had a positive impact on culture, improved staff-wide communication, improved physician efficacy and decreased patient wait times through the utilization of staff generated ideas and processes. It identified the need for better physician engagement. It also identified a data collection challenge so that information could be gathered in real time and metrics analyzed promptly. Conclusions: Transforming the NYUPCCC into an HRO identified opportunities for staff to encourage a culture of acceptance, foster teamwork, enhance overall cancer center communication and streamline processes to maximize patient safety and overall system efficiency.

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Investigating the Economic Vulnerability Factors of Emerging Markets After the Global Financial Crisis of 2008 With a Hybrid Multi-Criteria Decision-Making Approach

Intelligent Systems ◽

10.4018/978-1-5225-5643-5.ch094 ◽

2018 ◽

pp. 2114-2134

Author(s):

Hasan Dinçer ◽

Ümit Hacıoğlu

Keyword(s):

Decision Making ◽

Financial Crisis ◽

Emerging Markets ◽

Emerging Economies ◽

Global Financial Crisis ◽

Multi Criteria Decision Making ◽

Vulnerability Factors ◽

Economic Vulnerability ◽

The Global Financial Crisis ◽

The Relationship

The latest global financial crisis and its effects on emerging economies engaged researchers' attention to the relationship between economic vulnerability factors and financial crisis. Especially, infrastructure and growth-based factors directly impact on the economic vulnerability of emerging economies. In this study, it is aimed to investigate the economic vulnerability factors indicating the infrastructure and growth of emerging markets after the global financial crisis of 2008 with a hybrid multi criteria decision making approach. To clarify the relationship between the subjective causality structures of the real world problems DEMATEL and PROMETHEE techniques have been employed in the hybrid model. The results illustrate that (1) Nigeria has the highest degree of the economic vulnerability in each year after the global financial crisis, and (2) Mexico for 2009, Turkey for 2012, and Korea for 2015 have the lowest degree of exogenous economic and environmental shocks among the selected emerging markets.

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What differentiates successful strategic marketing among manufacturers in an emerging vs developed market?

Asia Pacific Journal of Marketing and Logistics ◽

10.1108/apjml-12-2016-0251 ◽

2018 ◽

Vol 30 (2) ◽

pp. 309-332 ◽

Cited By ~ 5

Author(s):

Roger Brooksbank ◽

Zahed Subhan ◽

Steven Miller

Keyword(s):

Decision Making ◽

Emerging Markets ◽

Emerging Market ◽

Strategic Marketing ◽

Conventional Model ◽

Content Type ◽

Developed Markets ◽

Marketing Decision ◽

The Usa ◽

Competitive Success

Purpose Emerging markets present strategists with a unique set of challenges that result from a business environment that is quite different from that which characterises developed markets. Yet, little is known about marketing’s contribution to successful strategic decision making in emerging markets. Thus, the purpose of this paper is to examine the usage of conventional strategic marketing practice, as it relates to developed markets, within groups of higher- and lower- performing manufacturers in the emerging market of India, comparing it against that of their counterparts in the developed market of the USA. Design/methodology/approach The study is based on separate web-hosted questionnaire surveys conducted in India and the USA, yielding samples of 71 and 84 self-reported manufacturing companies, respectively. Data analyses were conducted using independent-sample t-tests and logistic multiple regression, and sought to compare and contrast successful strategic marketing decision making in each country. Findings The results confirm that conventional strategic marketing plays a vital role in facilitating the competitive success of manufacturers in India. However, they also suggest that differences in the strategic environments faced by manufacturers in both countries necessitate quite different priorities for success at each stage of the strategic marketing decision-making process. Research limitations/implications Due to relatively low response rates, the extent to which the study samples are representative of the population under scrutiny remains unknown. Also, differences in the respondents’ interpretation of certain questions and some of the marketing vocabulary and terminology used cannot be ruled out. Practical implications The research highlights the important contribution that conventional strategic marketing makes to the achievement of competitive success of manufacturers in India. However, it also identifies several specific practices that differentiate higher firm performance in the two countries, drawing into question the direct applicability of the conventional model of strategic marketing within an emerging market. Originality/value As far as is known for the first time, the applicability of the conventional model of successful strategic marketing within an emerging market is assessed. As a result, a new model is forwarded.

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