scholarly journals Review of studies of blockchain technology effects on the shipping industry

2022 ◽  
Vol 7 (1) ◽  
Author(s):  
Kelly Gerakoudi-Ventouri
Keyword(s):  
Decision Making ◽  
Industrial Revolution ◽  
Research Area ◽  
Shipping Industry ◽  
Digital Evolution ◽  
Blockchain Technology ◽  
Study Results ◽  
Decision Making Processes ◽  
Effective Decision ◽  
Effective Decision Making

AbstractDecision-making is a prolific research area in the internet era, which has propelled globalization and the virtual elimination of many country border barriers. However, effective decision-making in the shipping industry is a time consuming and often complicated process. Digital evolution has provided new innovative organizational operation methods. Blockchain technology—a basic component of the Fourth Industrial Revolution—is one such innovation that promises to alter the process of decision-making. However, only a few academic studies have explored the decision-making aspect of blockchain technology. Moreover, there is a dearth of comprehensive research on how blockchain affects decisions in the shipping industry. This study explored how this novice technology can address issues, such as vast documentation and information asymmetry in the shipping industry. Specifically, grounded theory was used to qualitatively investigate extant practices and examine the potential impact of blockchain technology on decision-making in the shipping industry and the potential of using blockchain technology to emancipate decision-making. The study results indicate that the instant and reliable data-sharing capability of blockchain can significantly impact the shipping industry, while transforming its decision-making processes.

Effective Decision Making for Knowledge Development in Higher Education

2018 ◽  
pp. 382-399
Author(s):  
Nwachukwu Prince Ololube ◽  
Erebagha Theophilus Ingiabuna ◽  
Undutimi Johnny Dudafa
Keyword(s):  
Higher Education ◽  
Decision Making ◽  
Poor Quality ◽  
Public And Private ◽  
The Poor ◽  
Decision Making Processes ◽  
Effective Decision ◽  
Effective Decision Making ◽  
Types Of Information ◽  
University Leaders

Making decisions is the most important task of university leaders or managers and it is often the most difficult task. This chapter offers a step-by-step decision-making procedure for solving complex problems. It outlines the concept of decision-making and processes for both public and private decision-making agendas, using different decision criteria and different types of information. This chapter also describes barriers to effective decision making and decisions that must be made in conditions of certainty and uncertainty. Using a descriptive and suggestive research design, multiple statistical procedures; the results revealed that the types, styles and barrier to decision making processes are significantly related to the poor quality management of higher education in Nigeria? It is therefore imperative that institutional leaders are thoughtful and precise decision makers. This study recommends that the process of decision making ought not to be reactionary, but systematically planned and swift as well as planning for the unanticipated and unintentional situations as they arise.

Effective Decision Making for Knowledge Development in Higher Education

2021 ◽  
pp. 546-563
Author(s):  
Nwachukwu Prince Ololube ◽  
Erebagha Theophilus Ingiabuna ◽  
Undutimi Johnny Dudafa
Keyword(s):  
Higher Education ◽  
Decision Making ◽  
Poor Quality ◽  
Public And Private ◽  
The Poor ◽  
Decision Making Processes ◽  
Effective Decision ◽  
Effective Decision Making ◽  
Types Of Information ◽  
University Leaders

Making decisions is the most important task of university leaders or managers and it is often the most difficult task. This chapter offers a step-by-step decision-making procedure for solving complex problems. It outlines the concept of decision-making and processes for both public and private decision-making agendas, using different decision criteria and different types of information. This chapter also describes barriers to effective decision making and decisions that must be made in conditions of certainty and uncertainty. Using a descriptive and suggestive research design, multiple statistical procedures; the results revealed that the types, styles and barrier to decision making processes are significantly related to the poor quality management of higher education in Nigeria? It is therefore imperative that institutional leaders are thoughtful and precise decision makers. This study recommends that the process of decision making ought not to be reactionary, but systematically planned and swift as well as planning for the unanticipated and unintentional situations as they arise.

scholarly journals Prosedur Pengambilan Keputusan Di Lembaga Pendidikan Tinggi Di Era Revolusi Industri 4.0

2020 ◽  
Vol 3 (2) ◽  
pp. 32-42
Author(s):  
Biqrotul Azizah ◽  
Imam Syafi’i
Keyword(s):  
Decision Making ◽  
Industrial Revolution ◽  
Relevant Literature ◽  
Decision Making Process ◽  
Traditional Model ◽  
Scientific Journals ◽  
Public Meetings ◽  
Library Research ◽  
Effective Decision ◽  
Effective Decision Making

 This article aims to describe the process of making and effective methods for the dissemination of decision results in the Industrial Revolution 4.0 era. This research uses library research taken from scientific journals and relevant literature. The results showed that the most effective decision making process was a combination of top-down and bottomup with formal decision-making mechanisms or decisions. Decision making formally involves leaders and subordinates and adjusted to the output of the meeting. The dominant dissemination mechanism is traditional dissemination through meetings and through social networks. The implications of the results of this study indicate that the formal process of decision making through public meetings or limited meetings is still the choice of the decision making process so that this traditional model provides space for all elements involved to participate and provide constructive advice for effective decision making.

Human Resource Analytics as a Life-Jacket for Organizations Amid Crisis

2021 ◽  
pp. 51-71
Author(s):  
Alper Ertürk ◽  
Razan Alkhayyat
Keyword(s):  
Decision Making ◽  
Information Technology ◽  
Human Resource ◽  
Vital Role ◽  
Significant Shift ◽  
Business Partnership ◽  
Decision Making Processes ◽  
Effective Decision ◽  
Effective Decision Making

With the advancement of information technology and the substantial increase in the production and usage of data, analytics has become an important new tool for effective decision-making processes in the organizations. The evolution of management to a digital and data-driven orientation has also caused a significant shift in the position of HRM from a more operational role to a strategic business partnership. With expeditious digitalization, along with the inevitable influence of globalization, human resource analytics (HRA) has rapidly become a crucial tool for organizations in all industries. Recent examples and catastrophic experiences, such as the COVID-19 pandemic, have proven the vital role of HR analytics for organizations to survive in times of crisis. This chapter aims to summarize what HR analytics is, how it should be implemented and utilized, and how it will be effective and play a crucial role for organizations in order to be able to survive in a crisis situation.

Effective decision-making: applying the theories to nursing practice

2020 ◽  
Vol 29 (2) ◽  
pp. 98-101
Author(s):  
Samantha Watkins
Keyword(s):  
Decision Making ◽  
Patient Assessment ◽  
St Segment Elevation ◽  
Segment Elevation Myocardial Infarction ◽  
St Segment ◽  
Decision Making Processes ◽  
Effective Decision ◽  
Effective Decision Making ◽  
Future Practice

Many theories have been proposed for the decision-making conducted by nurses across all practices and disciplines. These theories are fundamental to consider when reflecting on our decision-making processes to inform future practice. In this article three of these theories are juxtaposed with a case study of a patient presenting with an ST-segment elevation myocardial infarction (STEMI). These theories are descriptive, normative and prescriptive, and will be used to analyse and interpret the process of decision-making within the context of patient assessment.

Systematic vs intuitive decision making and the Pareto principle

2015 ◽  
Vol 31 (3) ◽  
pp. 108-111 ◽  
Author(s):  
H Frank Cervone
Keyword(s):  
Decision Making ◽  
Design Methodology ◽  
Project Teams ◽  
Content Type ◽  
Difficult Time ◽  
Decision Making Processes ◽  
Intuitive Decision Making ◽  
Effective Decision ◽  
Individual Decisions ◽  
Effective Decision Making

Purpose – The purpose of this paper is to discuss some of the primary factors that inhibit efficient decision-making in teams and propose some methods to help facilitate the process more effectively. Teams often have a difficult time navigating the decision-making process. Even with a well-defined process, decision-making can be derailed by failing to set and maintain priorities or by ineffectively evaluating the significance of individual decisions that need to be made within the larger project scope. Design/methodology/approach – This article reviews some of the applicable literature related to decision-making and synthesizes it into an approach that can be used by teams to facilitate their decision-making processes. Findings – There are three major impediments to efficient and effective decision-making in teams. Using methods for diagnosing and triaging the nature of decisions, teams can become more effective and efficient in their decision-making processes. Originality/value – This article synthesizes a number of strands of research from various subdisciplines in management to develop an approach that can be used by project teams to more effectively facilitate their decision-making processes.

Parliamentarism and the Legislative Branch

2017 ◽  
Author(s):  
András Sajó ◽  
Renáta Uitz
Keyword(s):  
Decision Making ◽  
Political Parties ◽  
Legislative Branch ◽  
Effective Decision ◽  
The Law ◽  
Internal Operations ◽  
Effective Decision Making ◽  
The Relationship ◽  
Law Making

This chapter examines the relationship between parliamentarism and the legislative branch. It explores the evolution of the legislative branch, leading to disillusionment with the rationalized law-making factory, a venture run by political parties beyond the reach of constitutional rules. The rise of democratically bred party rule is positioned between the forces favouring free debate versus effective decision-making in the legislature. The chapter analyses the institutional make-up and internal operations of the legislature, the role of the opposition in the legislative assembly, and explores the benefits of bicameralism for boosting the powers of the legislative branch. Finally, it looks at the law-making process and its outsourcing via delegating legislative powers to the executive.

scholarly journals Reflections on the Importance of Cost of Illness Analysis in Rare Diseases: A Proposal

2021 ◽  
Vol 18 (3) ◽  
pp. 1101
Author(s):  
Patrizio Armeni ◽  
Marianna Cavazza ◽  
Entela Xoxi ◽  
Domenica Taruscio ◽  
Yllka Kodra
Keyword(s):  
Rare Diseases ◽  
Cost Of Illness ◽  
Fragile X ◽  
Direct Costs ◽  
Medicinal Products ◽  
Novel Treatments ◽  
Decision Making Processes ◽  
Effective Decision ◽  
Cross Country ◽  
Effective Decision Making

In the field of rare diseases (RDs), the evidence standard is often lower than that required by health technology assessment (HTA) and payer authorities. In this commentary, we propose that appropriate economic evaluation for rare disease treatments should be initially informed by cost-of-illness (COI) studies conducted using a societal perspective. Such an approach contributes to improving countries’ understanding of RDs in their entirety as societal and not merely clinical, or product-specific issues. In order to exemplify how the disease burden’s distribution has changed over the last fifteen years, key COI studies for Hemophilia, Fragile X Syndrome, Cystic Fibrosis, and Juvenile Idiopathic Arthritis are examined. Evidence shows that, besides methodological variability and cross-country differences, the disease burden’s share represented by direct costs generally grows over time as novel treatments become available. Hence, to support effective decision-making processes, it seems necessary to assess the re-allocation of the burden produced by new medicinal products, and this approach requires identifying cost drivers through COI studies with robust design and standardized methodology.

Sign in / Sign up

Export Citation Format

Share Document