Fundamental Shifts in Strategic Thinking Concepts and their Teaching Implications

<p>Powerful forces of disruption are penetrating the core concepts of strategic thinking and the strategy education industry.</p><p>Traditional strategic thinking literature and instruction material rest on a solid base of concepts developed by authors from Ansoff and Drucker to Porter, Mintzberg and Prahalad. Their concepts lasted for decades and their literature is a standard feature of business school strategy teachings until this very day. Disruptive forces are changing this situation, however, Generic and functional disruptive forces from boundary-breaking technologies, and norm shaking sociology to rule-breaking economics and unsettling political shifts, have gone a long way towards introducing a new paradigm.</p><p>The following article provides an attempt at identifying those concepts worn out by new realities or end game concepts, and those others constituting a novel thrust.</p><p>The article draws a picture of possible future consequences as well. Those include research prospects, curricula implications and competency gaps.</p>

Work from Home: A Primer on Managing Work-Life Balance

Work from home approach has gained significant importance recently during the COVID-19 era. Working from home provides enough time for oneself to improve upon personal cores. Work-life balance means a healthy balance between working and personal life but in the 21st century, both working and personal areas contain too much stress, anxiety, tasks, and difficulties. As an employee working remotely who is successful in making a work-life balance, one can have more productivity, fewer chances of depression, more quality time for oneself and family and happy and healthy life. In this article, we will discuss the hindrances in work-life balance and the ways to create an effective work-life balance, especially for ‘work from home set-ups’.

Business Resilience: Managing the Business Uncertainty during High Times of Economic Slowdowns with Special Reference to COVID-19

A pandemic breaks out and spreads to the geographies and regions of the entire world. Increased infections force governments to bring in lockdowns locking almost every activity. The restrictions are put on the movement of humans and goods. Supply lines are badly affected. The demands are not met due to disrupted supply chains at the beginning of such a breakout. And, consumer demand gets badly affected as we move through uncertain times while fighting and overcoming such unfortunate times. This paper examines the relevance of business resilience and management outlooks for ensuring sustainable business models coupled with community-oriented service models.

Negotiation and Negotiating Behaviours: The Role of Personality Variables

<p>This paper examined the concept of negotiation and types of negotiation, namely distributive and integrative. It pondered on why people fail to keep to negotiation rules. Thomas Hobbes state of nature and Machiavelli’s concept of the human relationship used to explain this phenomenon. Furthermore, the article argues that this disposition is a consequence of people’s perception of negotiation as a game where one party’s gain is the other party’s loss. The significance of game theory in the negotiation is therefore emphasised. Personality factors were considered important in the negotiation process. The impact of the big-five personality on the negotiation situation was highlighted. Unethical practices could make the negotiation process difficult, thereby affecting the quality of decision reached during negotiation. The study concludes by suggesting some ways of succeeding in negotiation.</p>

Leveraging Employee Experience during Crisis Situation for Higher performance- Special Reference to COVID -19 pandemic

<p>When the crisis hits the organisation, it’s the positive employee experience that organisation able to manage matters the most to motivate and retain the workforce.</p><p>The world is going through an unprecedented crisis. While businesses are fighting to maintain business continuity yet managing employee experience is also equally critical during these testing times of the COVID -19 pandemic. This situation calls for creative ways to balance the employee experience amidst business constraints. During such turbulence, employees often have to deal with both work from home and work at home which includes: helping with household chores, taking care of children and demands of family members alongside work.</p><p>Employee experience plays a vital role in keeping employees happy and in the engagement of employees (Deloitte 2017).</p><p>Similarly, according to Psichogios P. (2013), the cumulative effect of employees’ experiences will ultimately affect an employee’s performance and, therefore, the results for the entire organisation, regardless of whether employees are engaged but the question arises whether the role of employee performance is same when the organisation is sailing through in the difficult times.</p><p>This study is an attempt to understand employees experience and its drivers under crisis situation among employees from the hospitality industry in India</p><p>This is a cross-sectional study where both primary and secondary data is collected. Primary data is collected from employees at all levels through a self-report questionnaire. Out of 374 respondents 287clean responses were received.</p>

The Influence of Financial Accounting and Reporting on the Management of a Business Organization and A Case Study

<p>The international financial crises experienced in recent years have led to the loss of confidence in capital markets. The understanding of organizational management has been developed to enable businesses to become reliable and robust institutions and to regain lost market confidence. Businesses need well-organized and well-functioning information systems to create reliable and robust structures. The most important of the business information systems is the accounting information system (MBS). The accounting information system plays an important role in the development of corporate governance understanding and taking the necessary measures in this direction and also in the presentation of the results of the application to the relevant persons.</p><p>As a result of the research, it has been determined that there is a significant positive relationship between corporate governance understanding and accounting information systems. In this context, attention should be paid to the accounting information system to successfully implement corporate governance understanding in enterprises and to offer solutions to problems. Because the accounting information system and corporate governance understanding create mutual power for effective management.</p>

Conceptual Framework for the Strategic Management

This study aims to reveal the development of strategy and strategic management thinking, which has become even more important in today's intensely competitive environment, and the direction of current research issues in strategic management issues. In this framework, a literature review has been made to make comments and reach new syntheses by examining the subject with a broad and deep perspective in our study. It has been ensured that the sources related to the subject of the article are reviewed, opinions, attitudes, and descriptions are found. In this article, the pioneers of strategic management thought and philosophy from the past to the present and the historical development process, the strategic management schools and research issues that have emerged until today, have been tried to be revealed through a literature review. In our study, the progress and developments provided by strategic management thinking have been examined.

Blockchain Technology: Application in the Financial Industry

Cryptocurrencies and their underlying blockchain technology are being out as the next big thing after the creation of the internet. The Blockchain is an encrypted, distributed database that records data, or in other words, it is a digital ledger of any transactions, contracts - that needs to be independently recorded. Blockchain has been initially launched as an approach to payment transactions based on cryptography to provide an alternative mechanism for the trust between two transacting parties. Blockchain technology has sparked a lively debate among researchers. This article tried to study the applications of blockchain technology in the financial industry.

Information Systems: The Changing Scenario of Concepts, Practice and Importance

Information is very important and required in almost all areas and fields. It is close to some of the areas viz. Data, Content and Knowledge. The system is also another concept that deals with the group of interrelated and connected entities, objects, tools, or facets. In other words, combinations of some subsystems are called Systems. Therefore, Systems in respect of the Information is called Information Systems. Information Systems is the way, tools, connected entities that are dedicated or responsible for the information related activities ranging from the collection, selection, organization, processing, management and dissemination. There are different contexts regarding Information Systems, in some contexts, it is also the electronic systems dedicated to information management and delivery to the organizations, institutions. In some contexts, it is the Computational way to preserve and deliver content and information. Information Systems in another context are the apex controlling mechanism of some of the divisional information systems such as Executive Information Systems, Decision Support Systems, etc. which helps in Information related activities to the organizations. Even Information System is also considered as a branch or field of study internationally. This paper is a theoretical one and mentioned the aspects of systems including their foundations, applications of systems, information systems including their foundation, types, nature, and emerging characteristics. The paper also highlights the academic availability and potentiality of Information Systems.

Research Activities, Opportunities & Possibilities in Environmental Informatics: International Scenario & Indian Potentialities

<p>Environment is an important concern and also treated as a knowledge field viz. Environment Science, Environment Studies, Environment Engineering, Environment Management, etc. Environmental Informatics is the combination of Environment which includes allied branches and subjects from the environment side and Informatics which includes all allied branches and subjects from the informatics and IT side. All the environment-related subjects can get the benefit of Environmental Informatics for their different sorts by different means. Environmental Statistical applications also need Computational tools and so Environmental Informatics will be the right solution for such concern. Environmental Informatics uses different tools, techniques, and sub-technologies of Information Technology and few also from the Computer Science or allied branches. Due to its wider benefits and different applications, many educational institutes are offering the field with Bachelors, Masters and Research Degrees in the concerned field as well as in allied fields. As far as research is concerned the research in different forms are conducted by academicians, researchers and scientist. This paper provides comprehensive details on Environmental Informatics research opportunities and potentialities in Indian and international context.</p>