How to make knowledge resources valuable

Author(s):  
Syed Amjad Hussain

Purpose This paper aims to offer an integration point for newly acquired heterogeneous knowledge resources to be assessed if these resources qualify to be a part of a firm’s existing knowledge resource portfolio. Focus of this paper will be on the development of knowledge integration point (KIP), in addition to the factors helping in determination of this KIP, for example, manager’s judgment about the firms’ knowledge requirements, knowledge reserve a potential employee should have and firm’s existing knowledge resource portfolio. Design/methodology/approach This study includes a content analysis. Findings Firms should have only those resources which contribute to value creation for the customers and the organization. Presence of any other knowledge resource which does not have the ability to create value is a waste of value. It is the knowledge managers’ responsibility to decide whether a knowledge resource should be a part of a firm’s existing knowledge portfolio. This decision should be taken before the acquisition of that knowledge resource, i.e. at KIP, then it would be more easy for knowledge managers to handle and integrate them with the existing set of firm’s knowledge resources. Practical implications If the potential knowledge resource is evaluated at KIP to know its level of integration and configuration ability with the existing firms’ knowledge resource portfolio, then it will take less time and efforts to integrate. It will take such firms far ahead than those whose acquired resources took much time to integrate. Hence, resource’s integration and configuration ability levels affect the speed of integration, which ultimately provides opportunity to firms to perform well. Originality/value KIP may help to make speedier integration process, which eventually leads firms to perform better.

2019 ◽  
Vol 22 (3) ◽  
pp. 405-413
Author(s):  
Clive Roland Boddy

Purpose Academic qualitative researchers have been criticized for rejecting the idea that their research can establish causality while market and social researchers, with their realist and pragmatic approach to research, take for granted that it can. This paper aims to explore the ability of qualitative research to determine cause and effect in terms of market and social phenomena. Design/methodology/approach The literature on causality in qualitative research is reviewed and discussed. The discussion is further informed by the author’s own experience of undertaking commercial and academic market and social qualitative research over the past 33 years. Findings In qualitative market and social research, the determination of causality is often needed but rarely discussed. This paper explores this occurrence and brings to the fore, via discussion and the use of example, the ways in which causality can be determined by qualitative research. Practical implications A determination of what events bring about predictable changes in social and market environments can be established via qualitative research particularly at a probabilistic level of causality. This implies that policymakers should give a greater emphasis to qualitative findings than then sometimes do at the moment. Originality/value Causality in market and social research is rarely discussed by practitioners but is nevertheless a premise of much of the qualitative research that is undertaken. This paper is therefore distinctive in that it examines whether this premise is justifiable.


2016 ◽  
Vol 14 (1) ◽  
pp. 30-48 ◽  
Author(s):  
Wasim K. AlShattarat ◽  
Muhannad A. Atmeh

Purpose Islamic banks use Mudarabah contract to replace the interest-bearing deposits with profit-sharing investment accounts. The purpose of this paper is to explore the challenges and problems associated with the employment of Mudarabah contract by Islamic banks. Design/methodology/approach The study critically analyzes the Mudarabah contract used by Islamic banks. It reviews the evolution of the contract from its traditional type to more complicated types such as compound, unrestricted, commingled and continuous Mudarabah. The paper investigates the problems that have emerged from implementing such types in current business settings. Findings The paper proves that implementing the Mudarabah contract by banks imposes several problems among which are the following: difficulty in the determination of total profit resulting from Mudarabah and in allocating this profit to the multiple parties involved in Mudarabah; usage of reserves to cater against future losses may undermine the concept of Mudarabah profit-loss sharing and lead to earnings management; corporate governance is also a major problem in Mudarabah contract, as the depositors are exposed to risks but have no governance rights; and Mudarabah may also lessen the fair presentation of financial reporting. Research limitations/implications The paper examines the evolving Mudarabah contract and its implementation challenges, based on available literature (no empirical analysis was conducted). Practical implications The implications are significant for the future development of Islamic contracts and Islamic accounting treatments. Originality/value Many studies explored the Mudarabah contract from a Shariah or law perspective. However, this paper investigates the Mudarabah contract with a focus on the implication on accounting and financial reporting because of the lack of studies in this area. Furthermore, it demonstrates the persistent flaws in the Mudarabah contract, and it proposes a new model for mobilizing funds, i.e. mutual fund.


2016 ◽  
Vol 36 (4) ◽  
pp. 376-387 ◽  
Author(s):  
Di Yang ◽  
Weiwei Qu ◽  
Yinglin Ke

Purpose For the automatic drilling and riveting in panel assembly, gaps between the skin and strangers are inevitable and undesirable. At present, the determination of pre-joining schemes relies on workers’ experience, introducing excessive number and inappropriate locations of pre-joining. This paper aims to present a new method for the evaluation of residual clearances after pre-joining and the pre-joining scheme optimization, providing operation guidance for the workers in panel assembly workshop. Design/methodology/approach In this paper, an equivalent gap assembly model for pre-joining is proposed on the basis of the mechanism of variation. This model retains the essential elastic behavior of the key features during the pre-joining operation and calculates the residual clearances in the view of the potential energy. Subsequently, this method is embedded into a Pareto optimality-based genetic algorithm, and the optimal pre-joining schemes are achieved with the consideration of the total residual clearances and the permissive tolerances. Findings The equivalent gap assembly model has the capability to predict an acceptable degree of accuracy of the residual clearances and achieve the optimized pre-joining schemes with less number of pre-joining at the same level of residual clearances. Practical implications The optimized pre-joining schemes are given in the form of Pareto optimality set, and workers can select suitable results according to their inclination to the quality and efficiency. Originality/value The paper is the first to propose the equivalent gap assembly model for the pre-joining operation, which provides for the simplification of the calculation of residual clearances based on the constrained variation principles.


2015 ◽  
Vol 27 (4) ◽  
pp. 382-396 ◽  
Author(s):  
Seyed Amir Bolboli ◽  
Markus Reiche

Purpose – The purpose of this paper is to propose a roadmap for operationalizing EFQM excellence model based on the RADAR logic and in parallel develop a new concept for selecting the firm-specific EFQM measures based on the level of maturity and the prevailing corporate culture. Design/methodology/approach – A comprehensive review of literature leads to a clarification of the relation between EFQM measures and RADAR logic and also identification of the requirements for assessment of culture and determination of maturity level in the context of EFQM excellence model. Based on these requirements, existing culture assessment approaches and maturity assessment methods have been evaluated. Findings – The main outcome of this research is a new concept for efficient design of EFQM excellence model. This concept consist of three main parts: assessment of culture types in context of EFQM; assessment of maturity level; and design of EFQM measures based on RADAR logic. The findings are expected to reduce the effort for implementation of EFQM by designing tailored measures that fit to the existing culture and maturity level. Practical implications – The findings of this study are relevant to multinational large firms that deal with EFQM or similar excellence models. Originality/value – This paper presents a new concept for designing EFQM in the light of prevailing corporate culture and maturity level, which in one hand needs fewer resources and on the other hand it is more effective in implementation.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Falah Abu ◽  
Muhamad Zameri Mat Saman ◽  
Jose Arturo Garza-Reyes ◽  
Hamed Gholami ◽  
Norhayati Zakuan

PurposeThis study analyses the challenges in implementing lean manufacturing (LM) in the wood and furniture industry. In order to facilitate the smooth implementation of LM practices in this industry, the challenges in terms of its deployment need to be analysed and observed.Design/methodology/approachRealizing this importance, this study proposes a model, using PLS-SEM, which focusses on dealing with the challenges faced in the implementation of lean in the wood and furniture industry. The model consists of ten challenges that were determined based on a survey involving 46 SMEs companies in Malaysia.FindingsThe findings revealed that the implementation of LM is significantly affected by three main issues, namely: knowledge, resources and culture and human attitude. Furthermore, the analyses also highlighted four dominant challenges which are related to culture and human attitude issues – lack of employee commitment, lack of senior management's interest and support, difficult to implement, and LM is viewed as “current trend”. Overall, the ability to deal with the challenges involving factors of knowledge and culture and human attitude determines the success of LM implementation, especially in companies that have limited resources.Practical implicationsThis study would help wood and furniture SMEs, government agencies, professional bodies and academics to better understand the challenges when implementing LM practices.Originality/valueOverall, this study aims at investigating the relationships between the three challenges to better promote LM in the scope under study. Therefore, several activities were proposed to overcome the abovementioned challenges and subsequently contribute to the current body of knowledge.


2017 ◽  
Vol 31 (1) ◽  
pp. 12-20 ◽  
Author(s):  
Adam Albekov ◽  
Tatyana Romanova ◽  
Natalya Vovchenko ◽  
Tatyana Epifanova

Purpose The purpose of this paper is to study the factors which facilitate the increase of effectiveness of university education and determination of perspectives of their management for provision of maximization of effectiveness of university education by the example of modern Russia. Design/methodology/approach The authors define the notion and sense of effectiveness of university education under the conditions of market economy, conduct theoretical review, classify factors which facilitate the increase of effectiveness of university education, and conduct regression and correlation analyses of influence of various factors on effectiveness of university education. Findings As a result of the research, the authors come to the conclusion that the volume of financing of science is not a factor of efficiency of scientific activities of Russian universities; the most important factors of effectiveness of university education are the number of universities and quantity of academic staff. Perspectives of provision of maximization of university education effectiveness in modern Russia are related to management of human capital – academic staff of universities – and finding a balance of quantitative growth and increase of quality of university education. Practical implications Practical significance of the conducted research consists in the fact that its results could be used during development and conduct of the state policy for the management of effectiveness of the system of university education in modern Russia. Originality/value The research has high theoretical significance, as it contributes to the development of the concept of effectiveness and understanding of foundations of management of the system of university education under the conditions of market economy.


2019 ◽  
Vol 91 (2) ◽  
pp. 235-240
Author(s):  
Wojciech Wronicz ◽  
Maciej Malicki

Purpose The purpose of this paper is to investigate a possibility of determination of the rivet hole expansion with the use of computed tomography (CT). This method offers several benefits in comparison to the traditionally used destructive methods. Design/methodology/approach The measurements of rivet hole expansion were performed on three specimens with the use of CT. Then, the same specimens were measured with the use of the conventional destructive method. This allows to estimate accuracy of the proposed method and characterize its advantages and limitations. Findings Good correlation with the destructive method has been obtained. The proposed method enables more detailed analysis of a joint as arbitrarily oriented cross-section for analysed area can be easily generated and increase of measurements number is always possible and simple. The disadvantage of the method is lower accuracy of diameter determination than in the case of conventional methods. Research limitations/implications The measurements were performed only on one type of specimens. Probably, if a rivet and sheets were made of the same alloy, the measurements would be barely possible. The rivets were installed with squeezing ratio D/Do = 1.7 whose value is close to maximum as defined in riveting instructions (Kaniowski, 2015). This means that measured hole expansions were higher than in typical joint. The proposed method is appropriate for simple specimens (one rivet at a specimen width). Practical implications The investigation shows that rivet hole expansion can be measured with the use of CT. This method is useful especially when destruction of a specimen is not allowed or more detailed analysis is required (e.g. measurements on many depth levels). Originality/value The paper presents measurements of rivet hole expansion with the method which has not been used before for this application. Advantages and limitations of the proposed approach compared to conventional methods are discussed.


2018 ◽  
Vol 90 (6) ◽  
pp. 973-982 ◽  
Author(s):  
Mariusz Oszust ◽  
Tomasz Kapuscinski ◽  
Dawid Warchol ◽  
Marian Wysocki ◽  
Tomasz Rogalski ◽  
...  

PurposeThis paper aims to present a vision-based method for determination of the position of a fixed-wing aircraft that is approaching a runway.Design methodology/approachThe method determines the location of an aircraft based on positions of precision approach path indicator lights and approach light system with sequenced flashing lights in the image captured by an on-board camera.FindingsAs the relation of the lighting systems to the touchdown area on the considered runway is known in advance, the detected lights, seen as glowing lines or highlighted areas, in the image can be mapped onto the real-world coordinates and then used to estimate the position of the aircraft. Furthermore, the colours of lights are detected and can be used as auxiliary information.Practical implicationsThe presented method can be considered as a potential source of flight data for autonomous approach and for augmentation of manual approach.Originality/valueIn this paper, a feasibility study of this concept is presented and primarily validated.


2018 ◽  
Vol 120 (10) ◽  
pp. 2334-2348 ◽  
Author(s):  
Maria Cecília Evangelista Vasconcelos Schiassi ◽  
Amanda Maria Teixeira Lago ◽  
Vanessa Rios de Souza ◽  
Juliana dos Santos Meles ◽  
Jaime Vilela de Resende ◽  
...  

Purpose The purpose of this paper is to optimize a mixed juice made from Brazilian Cerrado fruits (cagaita, mangaba and marolo). Design/methodology/approach The juices were evaluated by rheological, physical, physicochemical, nutritional and sensory acceptance analyses. The mixture design is a widely used tool for product optimization, allowing the determination of factors, combinations and levels that provide best responses. Findings The results show that using mangaba pulp negatively contributed to juice acceptance, but resulted in the highest ascorbic acid content. The treatments produced using cagaita and marolo pulps presented a greater acceptance by consumers, and contributed to higher antioxidant activity and phenolic compounds content. The juice prepared with a mixture of equivalent quantities of the three fruits had the highest β-carotene and lycopene contents. Practical implications This research has shown that different fruit combinations can improve sensory and nutritional characteristics, adding value to the final product. Social implications The processing of mixed juices could increase population access to the nutrients present in Brazilian Cerrado fruits, given that they are seasonal and perishable fruits. Originality/value In recent years, there has been an increase in the development of new food products based on Cerrado native fruits, however information on the chemical and nutritional characteristics, rheological behavior, and sensory attributes of the derivative products are still limited, resulting in a lack of scientific investments in this area. In addition, it is necessary to optimize the developed products to offer the consumer a unique product, combining the characteristics of two or more fruits, which adds value to the final product.


2019 ◽  
Vol 40 (8/9) ◽  
pp. 601-610
Author(s):  
Gui Ling Sui ◽  
Bin Yao

Purpose The purpose of this paper is to propose an approach of quantitative assessment of academic value and demand of journals for a discipline. Design/methodology/approach This study defines relative citation rate (RCR) and utilization rate (UR) of journals cited by a discipline with a case of inorganic chemistry discipline in Jilin University, ranks the journals in decreasing order of RCR and UR, and analyzes the RCR and UR curves with mathematical statistics and physics. Findings The RCR and UR curves can be expressed as: RCR(n)=N1exp(−n/t(N1))+N2exp(−n/t(N2))=64.54exp(−n/1.98)+31.14exp(−n/23.11) and UR(n)=Y1exp(−n/t(Y1))+Y2exp(−n/t(Y2))=85.06exp(−n/108.6)+12.94exp(−n/705.8). The parameters t(N1), t(N2), t(Y1) and t(Y2) can be used to assess quantitatively academica value and demand of journal for a discipline and to determine core journals of the discipline. Research limitations/implications This approach is used to quantitatively assess academic value and demand of journals for a discipline. Practical implications This approach may provide useful information for journal management of library. Originality/value The present work is original.


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