Assessing emphasis gaps among MBA alumni: a model framework

2016 ◽  
Vol 9 (1) ◽  
pp. 31-51
Author(s):  
Stuart Van Auken ◽  
Earl Chrysler ◽  
Ludmilla Gricenko Wells

Purpose This paper aims to focus on Master of Business Administration (MBA) alumni and their ability to provide institution-specific insights into MBA program delivery. Given desired MBA positioning dimensions, a case exemplar is used to reveal gaps between “should have” program emphases and “actual” emphases. Departures from expectations are used to reveal either under- or over-emphases which require repair. Design/methodology/approach The study develops a gap assessment procedure and the theory of gaps, and it presents insights into the prioritization of gaps for closing through the revelation of gap themes of varying magnitude. It also reveals the benefits and the limitations of emphasis-based gap assessments. Additionally, the study addresses the complexity of creating the dimensional structure for MBA program gap revelation. Findings This paper reports on the issues of framing dimensions, including the possibility of dimensional omissions, with a particular emphasis on the utilization of an emphasis-based gap model within an a priori identified structure. Practical implications The methodological approach provides a blueprint for additional program review, and it produces a strong structural base for MBA program positioning. It is also is particularly important in evaluating newly created one-year MBA programs. Originality/value The work reveals the potential for the revelation of both under- and over-emphases in MBA program delivery and the possible issue of sub-optimization in gap closing (i.e. the closing of one gap while opening another).

2014 ◽  
Vol 28 (4) ◽  
pp. 451-460 ◽  
Author(s):  
Atul Gupta ◽  
Sara E. Bennett

Purpose – The purpose of this paper is to empirically examine the value of Masters of Business Administration (MBA) degree. The authors aim to bridge the gap between the theory and individual understanding of the value of an MBA program. Design/methodology/approach – This empirical paper used a non-experimental design to test a proposed model based on a review of relevant literature. MBA alumni completed surveys capturing the constructs researched. Findings – The findings of this research suggest that an MBA adds value to both MBA alumni as well as the organizations who hire them. The main source of this value is the knowledge and skills acquired while taking academic courses in the MBA program. Research limitations/implications – The implication of this research is that an MBA does add value to students that is not necessarily obtained through work experience alone. Practical implications – The MBA degree qualifies an individual to manage an organization. An MBA does provide high potential for return on investment to both individuals well as the organization who hires them. Social implications – Economic growth requires entrepreneurs, professionals, business specialists, and managers. The research findings provide evidence that MBA program graduates do make a significant contribution toward improving the organization employing them. These profitable organizations in turn invest back in the community they operate in and help to improve the overall socio-economic fabric of the local economy. The results of this study also suggest that investment in MBA programs by local governments could bring back significant returns to the community in terms of job growth and availability of quality workforce. Originality/value – Although a considerable amount has been written about the value of an MBA education, there is still a lack of research in the area linking human capital with organizational performance for MBA graduates. This contribution is also of special importance amid the recent criticism of the MBA by prominent management scholars.


2017 ◽  
Vol 22 (43) ◽  
pp. 191-206 ◽  
Author(s):  
María del Mar Miralles-Quirós ◽  
José Luis Miralles-Quirós ◽  
Celia Oliveira

Purpose The aim of this paper is to examine the role of liquidity in asset pricing in a tiny market, such as the Portuguese. The unique setting of the Lisbon Stock Exchange with regards to changes in classification from an emerging to a developed stock market, allows an original answer to whether changes in the development of the market affect the role of liquidity in asset pricing. Design/methodology/approach The authors propose and compare two alternative implications of liquidity in asset pricing: as a desirable characteristic of stocks and as a source of systematic risk. In contrast to prior research for major stock markets, they use the proportion of zero returns which is an appropriated measure of liquidity in tiny markets and propose the separated effects of illiquidity in a capital asset pricing model framework over the whole sample period as well as in two sub-samples, depending on the change in classification of the Portuguese market, from an emerging to a developed one. Findings The overall results of the study show that individual illiquidity affects Portuguese stock returns. However, in contrast to previous evidence from other markets, they show that the most traded stocks (hence the most liquid stocks) exhibit larger returns. In addition, they show that the illiquidity effects on stock returns were higher and more significant in the period from January 1988 to November 1997, during which the Portuguese stock market was still an emerging market. Research limitations/implications These findings are relevant for investors when they make their investment decisions and for market regulators because they reflect the need of improving the competitiveness of the Portuguese stock market. Additionally, these findings are a challenge for academics because they exhibit the need for providing alternative theories for tiny markets such as the Portuguese one. Practical implications The results have important implications for individual and institutional investors who can take into account the peculiar effect of liquidity in stock returns to make proper investment decision. Originality/value The Portuguese market provides a natural experimental area to analyse the role of liquidity in asset pricing, because it is a tiny market and during the period studied it changed from an emerging to a developed stock market. Moreover, the authors have to highlight that previous evidence almost exclusively focuses on the US and major European stock markets, whereas studies for the Portuguese one are scarce. In this context, the study provides an alternative methodological approach with results that differ from those theoretically expected. Thus, these findings are a challenge for academics and open a theoretical and a practical debate.


Author(s):  
Andreas Ruf ◽  
Michael Schröder ◽  
Aryanti Kusuma Putri ◽  
Roman Konrad ◽  
David Franck ◽  
...  

Purpose – The purpose of this paper is to focus on the mechanical bearing load caused by the unbalanced magnetic pull (UMP), which is studied in detail. The applied approach is based on an analysis of static and dynamic eccentricities at different positions and different amplitudes. The influence of the operating points is calculated to show the effective bearing load for machines operating at different speeds. The decreasing lifetime of the applied bearings is examined and evaluated in detail. Design/methodology/approach – To evaluate the proposed methodology a permanent magnet synchronous machine (PMSM) with buried magnets is used. To consider effects of slotting and saturation, a finite element (FE) model is employed. The Monte Carlo method is used to determine the most likely amplitudes of the eccentricities. Calculating the UMP for all possible operating points using a control strategy for the machine and coupling this results with a drive cycle, determines the effective force acting on the bearing. Findings – It has been shown that the position of the eccentricity has a not significant influence on the behavior of the UMP and may therefore be neglected. The amplitude of the eccentricity vector influences the amplitude of the UMP including all harmonic force components. For technical relevant eccentricities, the influence is approximately linear for the average and the dominant harmonics of the UMP. In most cases, it is sufficient to displace the rotor at an arbitrary position and amplitude. It is sufficient to simulate one type of eccentricity (static or dynamic) with an arbitrary value of displacement (rotor or stator) to evaluate all possible airgap unbalances. Using stochastic simulations of the eccentricity amplitudes enables an a priori design and lifetime estimation of bearings. Originality/value – This paper gives a close insight on the effect of mechanical bearing load caused by rotor eccentricities. The effect of the position of the eccentricity vector, the operational range and a drive cycle are considered. A stochastic simulation and an empirical lifetime model of one bearing gives an example of using this methodological approach.


foresight ◽  
2017 ◽  
Vol 19 (1) ◽  
pp. 48-64 ◽  
Author(s):  
Lucia Cassettari ◽  
Ilaria Bendato ◽  
Marco Mosca ◽  
Roberto Mosca

Purpose The aim of this paper is to suggest a new approach to the problem of sales forecasting for improving forecast accuracy. The proposed method is capable of combining, by means of appropriate weights, both the responses supplied by the best-performing conventional algorithms, which base their output on historical data, and the insights of company’s forecasters which should take account future events that are impossible to predict with traditional mathematical methods. Design/methodology/approach The authors propose a six-step methodology using multiple forecasting sources. Each of these forecasts, to consider the uncertainty of the variables involved, is expressed in the form of suitable probability density function. A proper use of the Monte Carlo Simulation allows obtaining the best fit among these different sources and to obtain a value of forecast accompanied by a probability of error known a priori. Findings The proposed approach allows the company’s demand forecasters to provide timely response to market dynamics and make a choice of weights, gradually ever more accurate, triggering a continuous process of forecast improvement. The application on a real business case proves the validity and the practical utilization of the methodology. Originality/value Forecast definition is normally entrusted to the company’s demand forecasters who often may radically modify the information suggested by the conventional prediction algorithms or, contrarily, can be too influenced by their output. This issue is the origin of the methodological approach proposed that aims to improve the forecast accuracy merging, with appropriate weights and taking into account the stochasticity involved, the outputs of sales forecast algorithms with the contributions of the company’s forecasters.


2015 ◽  
Vol 47 (5) ◽  
pp. 221-227 ◽  
Author(s):  
Christopher Rees ◽  
Rossilah Jamil ◽  
Kate Rowlands

Purpose – The purpose of this paper is to explore the attitudes of two key groups of stakeholders (n=22) from academia and industry toward the nature of business ethics and their integration and inculcation in MBA programs in Malaysia. Design/methodology/approach – This is a qualitative study based on n=22 interviews with stakeholders from academia and industry. Findings – The main findings of the study indicate that respondents in this context tended define business ethics with reference to factors such as the interests of organizational stakeholders, environmental issues, property rights, and religion. It was also found that the respondents tended to consider ethical business practice to be primarily a social and religious obligation rather than representing a specific requirement of the workplace which could and should be developed during an MBA program. Research limitations/implications – The implications of the study are discussed in relation to some of the barriers that may exist to integrating business ethics into MBA programs in Malaysia. Originality/value – The study highlights the widely held view among the respondents that employees’ business ethics are primarily attributable to family upbringing, including religious instruction thus limiting the perceived need for and effect of later training and education in business ethics.


2018 ◽  
Vol 30 (2) ◽  
pp. 438-459
Author(s):  
Matti J. Haverila ◽  
Kai Christian Haverila

Purpose Customer-centric measures such as customer satisfaction and repurchase intent are important indicators of performance. The purpose of this paper is to examine what is the strength and significance of the path coefficients in a customer satisfaction model consisting of various customer-centric measures for different types of ski resort customer (i.e. day, weekend and ski holiday visitors as well as season pass holders) in a ski resort in Canada. Design/methodology/approach The results were analyzed using the partial least squares structural equation modeling approach for the four different types ski resort visitors. Findings There appeared to differences in the strength and significance in the customer satisfaction model relationships for the four types of ski resort visitors indicating that the a priori managerial classification of the ski resort visitors is warranted. Originality/value The research pinpoints differences in the strength and significance in the relationships between customer-centric measures for four different types ski resort visitors, i.e. day, weekend and ski holiday visitors as well as season pass holders, which have significant managerial implications for the marketing practice of the ski resort.


2005 ◽  
Vol 22 (7) ◽  
pp. 909-929 ◽  
Author(s):  
Hirohiko Masunaga ◽  
Christian D. Kummerow

Abstract A methodology to analyze precipitation profiles using the Tropical Rainfall Measuring Mission (TRMM) Microwave Imager (TMI) and precipitation radar (PR) is proposed. Rainfall profiles are retrieved from PR measurements, defined as the best-fit solution selected from precalculated profiles by cloud-resolving models (CRMs), under explicitly defined assumptions of drop size distribution (DSD) and ice hydrometeor models. The PR path-integrated attenuation (PIA), where available, is further used to adjust DSD in a manner that is similar to the PR operational algorithm. Combined with the TMI-retrieved nonraining geophysical parameters, the three-dimensional structure of the geophysical parameters is obtained across the satellite-observed domains. Microwave brightness temperatures are then computed for a comparison with TMI observations to examine if the radar-retrieved rainfall is consistent in the radiometric measurement space. The inconsistency in microwave brightness temperatures is reduced by iterating the retrieval procedure with updated assumptions of the DSD and ice-density models. The proposed methodology is expected to refine the a priori rain profile database and error models for use by parametric passive microwave algorithms, aimed at the Global Precipitation Measurement (GPM) mission, as well as a future TRMM algorithms.


2015 ◽  
Vol 28 (3) ◽  
pp. 216-227 ◽  
Author(s):  
Kristina Westerberg ◽  
Susanne Tafvelin

Purpose – The purpose of the this study was to explore the development of commitment to change among leaders in the home help services during organizational change and to study this development in relation to workload and stress. During organizational change initiatives, commitment to change among leaders is important to ensure the implementation of the change. However, little is known of development of commitment of change over time. Design/methodology/approach – The study used a qualitative design with semi-structured interviews with ten leaders by the time an organizational change initiative was launched and follow-up one year later. Thematic content analysis was used to analyze the interviews. Findings – Commitment to change is not static, but seems to develop over time and during organizational change. At the first interview, leaders had a varied pattern reflecting different dimensions of commitment to change. One year later, the differences between leaders’ commitment to change was less obvious. Differences in commitment to change had no apparent relationship with workload or stress. Research limitations/implications – The data were collected from one organization, and the number of participants were small which could affect the results on workload and stress in relation to commitment to change. Practical implications – It is important to support leaders during organizational change initiatives to maintain their commitment. One way to accomplish this is to use management team meetings to monitor how leaders perceive their situation. Originality/value – Qualitative, longitudinal and leader studies on commitment to change are all unusual, and taken together, this study shows new aspects of commitment.


2014 ◽  
Vol 4 (2) ◽  
pp. 102-115 ◽  
Author(s):  
Josefien J.F. Breedvelt ◽  
Lucy V. Dean ◽  
Gail Y. Jones ◽  
Caroline Cole ◽  
Hattie C.A. Moyes

Purpose – The purpose of this paper is to assess whether mental health symptoms affect one-year reoffending rates upon release from prison for participants engaging in substance dependence treatment in the UK. Design/methodology/approach – A retrospective cohort study was used to assess reconviction outcomes upon release. The Comprehensive Addiction and Psychological Evaluation (CAAPE) was administered to 667 inmates admitted to the programme. The effect of mental health, drug use, and static risk factors on reoffending was assessed at one-year post release. Findings – Logistic regression analysis showed that symptoms of Major Depressive Disorder at the start of substance dependence treatment increased the likelihood to reoffend, whilst Obsessive Compulsive Disorder symptoms and length of sentence decreased the likelihood to reoffend. Antisocial Personality Disorder symptoms show a trend towards increasing the likelihood to reoffend. In addition, previously established risk factors for reoffending, including dependence on heroin, crack/cocaine, and poly drug use significantly increased the likelihood of reconviction. Practical implications – Depressive symptomatology pre-treatment could affect reoffending outcomes for participants in substance dependence treatment in prison. An integrative approach addressing both substance misuse and mental health factors is pivotal. Future efforts to address both simultaneously can be made to improve assessment, training, treatment, and through care for prisoners in substance dependence treatment. Originality/value – Few studies have assessed the effect of mental health factors on reoffending outcomes for offenders in substance dependence treatment. A large sample was studied in an understudied population of UK prisoners in substance dependence treatment. The results have implications for clinical settings where mental health symptoms are not addressed concurrently with substance dependence. This finding can inform policy makers and practitioners who provide substance dependence treatment in prison.


2016 ◽  
Vol 43 (12) ◽  
pp. 1178-1193
Author(s):  
Tony Burns

Purpose The purpose of this paper is to examine the relationship between Amartya Sen’s notion of adaptation and his views on identity politics by focussing on the issue of slavery and, more specifically, on the example of the happy or contented slave. Design/methodology/approach The paper is text based. The methodological approach adopted is that of conceptual analysis, as is typical for work of this kind. Findings The paper concludes that the example of the happy or contented slave is indeed a fruitful one for those interested in exploring the relationship between Sen’s views on “the adaptation problem” and his views on identity politics, especially in relation to the subjection of women. Here Sen’s debt to the ideas of Mary Wollstonecraft and John Stuart Mill is particularly important. Research limitations/implications One implication of the argument of the paper is that there is a need to consider more carefully the differences that exist between the views of Wollstonecraft and Mill, so far as the example of the happy or contented slave is concerned. Practical implications One practical implication of the paper is that, hopefully, it establishes the continued relevance of the ideas of thinkers such as Wollstonecraft and Mill today, not least because of the influence that they have had on theoreticians such as Amartya Sen. Social implications The paper addresses issues which are of considerable social and political significance, especially for women in underdeveloped societies today. Originality/value The example of the happy or contented slave has not received much discussion in the literature on Sen, although Sen himself has suggested that the distinction between happiness and contentment is an important one, which does merit further discussion.


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