Risks Management in Agile New Product Development Project Environments

This article reviews the risks associated with the implementation of Agile Project Management practices in projects that involved new products development in manufacturing companies and identified according to existing research the best strategies to approach those risks. Further, this article analyzes the events that can affect the implementation of APM practices in projects that involve the development of new products within manufacturing companies and provides some strategies to mitigate, avoid, and minimize the likelihood if they become risks and its impact in the customer requirements. Principal risks in manufacturing companies were highlighted, and its probability and impact were evaluated regarding scope, quality, schedule, and cost. Risk responses and strategies were noted align with the purpose of the agile practices, which is to deliver innovative products quickly and with high-quality standards.

Bibliometric Analysis of Lean, Agile, and Leagile Supply Chains in Automobile Industry (1990 - 2017)

This article describes how organizations embrace various supply chain strategies aiming at effective and efficient performance outcomes for gaining competitive advantage. The authors conducted an extensive search for academic publications on lean, agile, and leagile (hybrid) supply chains in context with automobile industries, published since year 1990 in reliable repositories such as Google Scholar, Scopus and ResearchGate. None of these papers used bibliometric analysis on the topic. This paper systematically maps, publications on lean, agile, and legal strategies in automobile industry published during 1990–2017. A five-step process is followed, namely (i) defining appropriate search terms, (ii) initial search results, (iii) refinement of search results, (iv) initial data, statistics, and (v) data analysis; adopted for inclusion of relevant documents for publication and citation analysis. Selected documents include primary search term ‘automobile' along with associated secondary terms such as ‘lean', ‘agile', ‘lean and agile', and ‘leagile' as part of the title, abstract, or keywords. The analysis finds several documents on lean or agile strategies, but only one document exists on ‘leagile' paradigm. Maximum articles are contributed on engineering subjects followed by business, management and accounting and computer sciences. Large publication and high citation counts were observed for lean from United States and Chinese authors, whereas Indian authors contributed in agile studies. This article identifies areas of current research interests discussing crucial contributions by several authors' and provides potential directions for further research investigations in the field.

The Advent of the Value Sharing Model

This chapter reviews the field of Shared Value (<SV>) to develop insights into how <SV> research is developing, offer a critique of the research to date, and outline future research opportunities. The authors find that most published <SV> research presents normative arguments for <SV> and there is little research examining <SV> in practice. Thus, the authors call for more research that critiques <SV>'s rhetoric and practice. Thus, this chapter offers an insightful critique into an emerging management issue and widespread business practice. The research findings provide insights into future research needs on Shared Value.

Publishing Industry

The general aim of this chapter is to show digitalization is one of the main threats that is shaping the publishing industry value chain and company business models. The analysis of the publishing industry structure is conducted from the perspective of international features. The value chain system of printed media publishing business is explored with more in-depth analysis of its elements. The primary objective of this research is to establish practical outcomes of Internet influence on the structure and business model of publishing companies. As rapid development in the IT sector and the Internet can be considered a crucial risk factor for contemporary publishing business, it creates new business models and changes the industry structure. Publishers progressively respond to changing consumer demands, especially around digital content. Effective pricing strategies for digital content will be the major challenge for magazine publishers.

Five Drivers of Eco-Innovation

Today, firms are faced with a number of environmental challenges such as pollution, scarcity of natural resources, global warming a growing demand for environmentally friendly products. Complexity of sustainability issues in operations management leads this study to determine a parsimonious model of eco-innovation. Most of the research findings have emphasized the effect of innovation on company's economic benefits. However, there are inadequate studies in respect to eco-innovation and its impact to business and environmental sustainability. This paper focuses on determinants of drivers of eco-innovation and its outcome on sustainable business performance. Content analysis is used in order to explain the phenomena of eco-innovation in operations management and categorize the determinants of drivers. The unit of analysis of this study is driver or factor of eco-innovation which are commonly found in entire articles reviewed. The scope of review encompassed articles published between the years 1994 to 2012. Results indicate that a parsimonious model of eco-innovation consists of five drivers. More comprehensive and robust findings could be obtained by testing this model and broadening the scope of study.

Ethical Consumerism: Contextual Issues of Ethical Decision-Making Processes

Ethical consumerism is the outcome of an ethical decision-making process. This research examines situational factors exemplified in context-related issues affecting decision-making as perceived by business students at the University of Bahrain. Reward systems, authority, bureaucracy, work role, organizational culture and national and cultural context are investigated. Qualitative research employing open-ended questions in questionnaire form is used. Two hundred and forty students participated in this research. Five questions were asked in the research. Themes involved are illustrations of reward systems, bureaucracy, organizational culture, national and cultural context and work roles. This research suggests that work roles require to be thoroughly investigated in future research. The research also shows that students are unaware of ethical consumerism. This explains reasons for not translating views of students to behavior as a reflection of ethical consumerism.

MOOCs Business Models

MOOCs have grabbed the headlines and rightfully become the focal point of the disruption under way in higher education. The environment in which MOOCs and other forms of online education operate is changing virtually every day. The viral nature of MOOCs has been apparent through the rapid growth of providers, participating (significant) institutions, faculty members involved in providing courses, students enrolled, and other measures. And MOOCs are starting to exhibit the second trend desired by their startup investors: MOOCs don't seem to be going away. More courses are being added, more faculty members and students are becoming involved. While MOOCs have captured the interest of many, the business models and return on investment are still evolving. The aim of this chapter is to present an analysis of various business models being used by various MOOCs providers along with some future monetization strategies for MOOC providers.

Business/IT Alignment in Two-Sided Markets

Business/IT alignment can be considered a key challenge in IT governance and becomes especially important in IT-heavy and internet based business models. Recent discussions express the need for a bi-directional paradigm for internet based business models. IT governance frameworks support business/IT alignment but mostly follow a business-driven alignment paradigm. We identify characteristics of internet based business models and use the case of streaming to examine how the IT governance framework COBIT 5 can integrate these characteristics under consideration of a bi-directional business/IT alignment process. We reveal that requirements for streaming business models may not be fully covered by the framework. Based on a structural description of internet based business models and the COBIT 5 Goal Cascade, we explain these specific requirements and propose a possible integration of a bottom-up alignment. With this work we provide guidance in the challenge of business/IT alignment for internet based business models and show pathways for IT governance frameworks to better support a bi-directional alignment.

A Survey of Risk-Aware Business Process Modelling

For organizations, risk is a key concept when dealing with business process. Integrating risks aspects during business process management starts with an accurate consideration of risk's characteristics in the modelling phase. Most research is needed on integrating risk and business process modelling. Actually, the literature suggests various approaches to represent risk-related information in business process models. The diversity of those methods and the fact that this domain is still emerging make it difficult to choose the most suitable language. This paper aims to represent a survey of the existing risk-annotated business process model's notations.

The Role of Internal Standardization in Business Models

This chapter focuses on business models and the role of internal standardization in business models. We develop a typology that outlines the role of internal standardization for a set of value configurations that serve as representations of generic business models. The topic is of importance for both managers and researchers in relation to firm level innovation and strategy, as well as how business models relate to internal and external standardization. With regard to business model innovation, this chapter can aid in identifying shifts in the firm's internal standardization focus associated with changes in its business model.