Review of the strategy literature indicates there has been five phases in the evolution of the field since World War II. The paradigm was at its peak in the 1970s with the strategic planning phase, however, prescriptive approaches to strategy formulation and implementation were demonstrated to be inadequate in this period in the face of environmental uncertainty. In the 1980s the field evol…
Established businesses are trying to take advantage of the opportunities and minimize the threats presented by e-business. Although e-business has emerged as a strategic imperative for many firms, v/e found that vision and strategy paled in importance compared to learning and implementation in the process of transforming to an e-business organization. Regardless of their strategic objectives…
Globalization, demographic changes and lack of talented employees – they all contribute to the increase in interest in managing diversity of workers’ potential. The concept of diversity management first appeared in the eighties, but nowadays it appears even more often, especially in the business, scientific and social and legal context. Diversity management (dm) is a part of the Europe…
The purpose of this study is to investigate the current level of strategic management tools and techniques utilization as well as to explore and identify the impact of management tools on organizational performance in the Czech Republic. The research paper is based on a questionnaire survey obtained from the 91 companies. This paper is one of the few studies which investigate the relationsh…
Today, more than at any previous time, the success of an organization depends on its ability to acquire accurate and timely data about its operations, to manage this data effectively, and to use it to analyze and guide its activities. Phrases such as the information superhighway have become ubiquitous, and information processing is a rapidly growing multibillion dollar industry. The amount …
Females consistently score lower than males on standardized tests of mathematics, yet no such differences exist in the classroom. These differences are not trivial, nor are they insignificant. Test scores help determine entrance to college and graduate school and, therefore, by extension, a person’s job and future success. If females receive lower test scores, then they also receive fewer opp…
Business leaders recognise effective risk management as one of the main success drivers for enterprises. Even though the Enterprise Risk Management (ERM) concept has evolved significantly in the past years, in the aftermath of recent economic crises it became evident some of its critical challenges still need to be addressed. The review of subject literature led to a conclusion that current ERM…
Abstract Measuring and managing exchange rate risk exposure is important for reducing a firm’s vulnerabilities from major exchange rate movements, which could adversely affect profit margins and the value of assets. This paper reviews the traditional types of exchange rate risk faced by firms, namely transaction, translation and economic risks, presents the VaR approach as the currently …
FMIS project performance is analyzed from various angles. The performance ratings in the ICRs indicate that the majority of 55 completed projects were “satisfactory” along most dimensions of performance (67% of outcome, 87% of sustainability, 56% of development impact, 61% of Bank performance, and 59% of Borrower performance ratings were satisfactory or above).4 This pa ern changes sli…
The continued advance of the nation's space program is directly dependent upon the development and use of new technology. Technology is the foundation for every aspect of space missions and ground operations. The improvements in technology that will enable future advances are not only in device and system performance, but also in permitting missions to be carried out more rapidly and at lower c…
This high volume of errors was recently affirmed by some with first- hand knowledge of errors—practicing physicians, patients, and their families. Fully 35 percent of practicing physicians and 42 percent of members of the American public responding to a 2002 national survey reported having experienced an error either in their own care or in that of a family member. Moreover, 18 percent of the…
Seven years ago, the Institute of Medicine (IOM) Committee on the Quality of Health Care in America released its first report, To Err Is Hu- man, finding that an estimated 44,000 to 98,000 Americans may die an- nually due to medical errors. If mortality tables routinely included medical errors as a formal cause of death, they would rank well within the ten leading killers (IOM 2000). Two years …
This volume reports on discussions among multiple stakeholders about ways they might help transform health care in the United States. The U.S. healthcare system consists of a complex network of decentralized and loosely associated organizations, services, relationships, and participants. Each of the healthcare system’s component sectors—patients, healthcare profes- sionals, healthcare deliv…
The rapid pace of scientific discovery and technological innovation over the last several decades is unprecedented and raises the prospect of achieving dramatic improvements in the nation’s health and well-being. Yet stakeholders from across the healthcare system, from patients to practitioners to payers, are demanding fundamental improvements to a system that is seen as costly, fragmented, a…
Clinical effectiveness research (CER) serves as the bridge between the development of innovative treatments and therapies and their productive application to improve human health. Building on efficacy and safety determinations necessary for regulatory approval, the results of these investigations guide the delivery of appropriate care to individual patients. As the complexity, number, and diver…
Because of their potential to enable the development of new knowledge and to guide the development of best practices from the growing sum of individual clinical experiences, clinical data represent the resource most central to healthcare progress (Arrow et al., 2009; Detmer, 2003). Whether captured during product development activities such as clinical research trials and studies, or as a part …
The fundamental notion of the learning healthcare system—continuous improvement in effectiveness, efficiency, safety, and quality—is rooted in principles that medicine shares with engineering. In particular, the fields of systems engineering, industrial engineering, and operations research have long experience in the systematic design, analysis, and improvement of complex systems, notably i…
The Institute of Medicine’s Committee on Optimizing Graduate Medi- cal Trainee (Resident) Hours and Work Schedules to Improve Patient Safety evaluated the literature concerning (1) the impact of current residents’ duty hours on patient safety and (2) the relationship of hours of work and sleep to performance. The principal aim of residency training in the United States is to prepare young d…