Hennes & Mauritz (H&M) is a 100 billion Sweden company, engaged in designing and retailing of fashion apparel and accessories. The company offers a range of apparel, cosmetics, footwear and accessories for men, women, children and teenagers. H&M primarily operates in Europe, North America and Asia, and has a presence in over 38 countries. The company is headquartered in Stockholm, Sweden an…
The main purpose of this paper is to present an overview of the historical development of strategic management through a critical review of the most relevant theoretical proposals, and to consider its links to ethics and corporate social responsibility. From the very beginning of strategic management thought, attempts have been made to fuse ethical aspects, such as the values of senior manage…
The health care industry is currently experiencing numerous fundamental changes. Healthcare organizations (HCOs) are increasingly challenged to look at their operations and find new opportunities to reorganize their processes, in order to improve the efficiency and effectiveness of their services, reduce costs, be more competitive, and also provide high quality and more personalized patient car…
Nowadays due to the crisis, some government measures are aimed at reducing healthcare spending, affecting in some level or another the quality offered. Process management is said to be a useful tool for reducing healthcare costs by improving management without any additional economic investment. That is doing more with the same resources and without reducing the quality offered. In this study a…
Rankings of strategy journals are important for authors, readers, and promotion and tenure committees.We present several rankings, based either on the number of articles that cited the journal or the per article impact. Our analyses cover various periods between 1991 and 2006, for most of which the Strategic Management Journal was in first place and Journal of Economics & Management Strate…
Preface The idea for this book started as a consequence of my directing and teaching a one-day course on “Fundamentals of Risk Analysis” at the annual meetings of the Society for Risk Analysis (1991, 1992, and 1994). Also, teaching a course at the United Nations Division for Sustainable Development, New York, on “Use of Risk Analysis in Sustainable Development”, and teaching a cour…
Institutions of higher technical and vocational education (hereafter HTVE) in Taiwan face the pressures of a reduced number of students and competition for students from an increased number of domestic and international institutions. To cope with these challenges, HTVE institutions that are better equipped to respond to market requirements, and are prepared to make constant improvements in …
These guidelines address the growing need of management development and governance programmes that are broad-based and involve a number of actors and institutions that work together in common systems (for example, judicial, financial, information, electoral, planning, decentralised systems). Other thematic areas can adapt and utilise these guidelines as well. In fact, development practitio…
As outsourcing is becoming mandate for today’s business, there has been a variety of researches taking place. This paper discusses on managing operational risks in an organization where one or more business processes are being outsourced. We first review on changing nature of operational risks not only in outsourced process itself, but also among any other interrelated processes. Then a c…
Abstract A review of the extant literature of enterprise risk management (ERM) and capital allocation shows that insurers have an incentive to manage capital costs through risk management. Capital is the most expensive and important input in production for insurance companies. They deploy capital by holding a large number of financial risk positions that need to be evaluated. ERM can help …
Globalization of markets, the extremely fast pace of technology, especially in communications technology, increasingly fierce competition between credit institutions to provide the most competitive products and services to customers led to an acceleration of activities in the banking system internationally. The cooperative banks have undergone extensive reforms since 2006, pursuing their re…
The Accounting Education Change Commission has recommended accounting courses include a focus on non-technical skills, such as written and oral communication, teamwork, problem solving, and critical thinking skills. Employers of entry-level managerial accountants have indicated these skills are necessary, but that students are also lacking in technical cost or managerial accounting preparat…
The challenges that complicate strategic management in emerging industries, like the renewable energy industry, motivate this dissertation. In particular, difficulties stemming from the industrial context, from environmental uncertainty, and from manager-stakeholder interactions are discussed. The most prominent environmental hurdles are thereby to be found in the areas of regulation, technolog…
The term ‘strategy’ proliferates in discussions of business. Scholars and consultants have provided myriad models and frameworks for analysing strategic choice (Hambrick and Fredrickson, 2001). For us, the key issue that should unite all discussion of strategy is a clear sense of an organization’s objectives and a sense of how it will achieve these objectives. It is also important tha…
The purpose of this study was to investigate the effects of firm size on enterprise risk management for the listed firms in Kenya. Effectiveness of enterprise risk management is measured by financial performance of the listed firms. A descriptive research design was used. Theoretically, ERM adds value to an organization, however there is disagreement among scholars on whether ERM add value to a…