Organisational Change and the Tensions of Decentralisation: the Case of Royal Mail

Miguel Martinez Lucio and Mike Noon, who are Lecturers in Industrial Relations and Organisational Behaviour respectively at the Cardiff Business School, draw on a case study of Royal Mail to explore the reasons for decentralisation and the issues this poses for managers and employees. They argue that the restructuring of Royal Mail was the result of three different imperatives for change: market, technological and political – pressurising managers to decentralise the formal structures of management-trade union relations. Decentralisation of these structures, however, has been far from a straightforward process: it has led to considerable tensions in the management of industrial relations, created scope for the development of new workplace industrial relations institutions and agendas, and given rise to a constant process of management reform.     

Brand orientation in the charity sector: a framework for discussion and research

Some charity organisations are turning to charity brand status, not only in terms of a name and logo but more importantly in terms of communicating value and meaning to their stakeholders. Brand orientation is described in this paper as the extent to which charity organisations regard themselves as brands, an indication of how much (or how little) organisations accept the theory and practice of branding. Through literature‐based and field‐based research, this paper examines the nature of brand orientation in the charity sector. A conceptual framework of brand orientation is proposed with antecedent factors which may augment or diminish levels of brand orientation and consequences which may follow its adoption. A number of research propositions are put forward which constitute both a framework for discussion and a research agenda for the charity sector. Copyright © 2001 Henry Stewart Publications     

Fads, Techniques and Control: The Competing Agendas of TPM and TECEX at the Royal Mail (UK)

The paper offers empirical insight into how traditional thinking can continue to dominate contemporary change initiatives, and suggests that the propensity to repackage and sell 'old' management theory as new techniques reflects the persistence of fundamental, insoluble dilemmas in the nature of organizing. Empirical evidence is drawn from a detailed qualitative study of two case study sites at the Royal Mail, the UK postal service. The analysis shows how the two different change initiatives of Total Productive Maintenance (TPM) and Technical Centres of Excellence (TECEX) are in competition through their methods and discourse, and how this reflects underlying and competing differences in ideologies of management. It vividly demonstrates how contemporary management thinking can involve repackaging old ideas in new rhetoric and a tendency for faddism. In organizations such as Royal Mail the consequence is that far from proving to be the solution to organizational problems, the techniques perpetuate a traditional management dualism in strategies of labour management between control and autonomy.     

The effect of capital wealth on optimal diversification: Evidence from the Survey of Consumer Finances

It is well known that the wealthier the household, the larger tends to be the proportion of its total capital portfolio allocated to publicly traded stock, and the larger tends to be the number of individual stock issues included in its portfolio. Using the “homogeneous securities” case of a mean-variance model originally proposed by Michael Brennan, explicit functional forms are obtained for both the optimal proportion of the portfolio allocated to stocks and the optimal number of individual stock issues in the portfolio. An empirical evaluation of these theoretical results, using a dataset derived from the 2004 Survey of Consumer Finances, lends substantial support to the model.     

Retirement and housing adjustment in later life: evidence from the British Household Panel Survey

Using data from the first five waves of the British Household Panel Survey (BHPS), we examine the extent and determinants of residential mobility for persons aged 55 or older, plus the subsequent housing adjustments made by those who move. The dimensions of adjustment examined are house value and rental costs, the number of `excess' rooms, and housing tenure. Relatively few individuals move house in later life in Britain. Choices do respond to one's own retirement, but other household changes such as loss of spouse and spouse leaving employment are also important. When a residential move is made, there is a tendency for housing consumption to change in a direction consistent with the correction of a disequilibrium position.     

Dual careers,time‐use and satisfaction levels: evidence from the British Household Panel Survey

This article empirically examines time‐use and its impact on satisfaction levels among dual career households in a post‐industrial economy, the UK. Analysis explores the 1993–2009 British Household Panel Survey using panel probit regression. The evidence reveals distinctions in time‐use relative to gender, occupations and employment sector. Long hours persist among managers and professionals. The uneven division of household labour, further, continues to burden women with extensive amounts of housework and care. Satisfaction with working hours and amount/use of leisure time are lower among women, especially the public sector professionals. Provision of care, occupation and partner employment characteristics represent important satisfaction determinants present among women, while income (including partner's income) only has relevance among men. Housework does not itself generate dissatisfaction. It is the overload of household tasks, due to inequality in the household division of labour, which constrains many highly skilled working women reducing satisfaction with time‐use and life overall.     

Towards a better understanding of the financial donor: an examination of donor behaviour in terms of value structure and demographics

While marketing academics have long advocated the application of marketing principles by not-for-profit organisations, a review of the literature suggests that attempts to segment financial donors have primarily concentrated on demographic variables. Recently, there have been moves to gain a better understanding of more psychographic influences on individuals' propensity to contribute to charities. It is proposed that the concept of values offers potential for enhancing this understanding. Findings confirm some earlier studies in that demographics such as age, education and household income significantly discriminate between heavy and light donors. Additionally, ten of the initial 56 values tested contribute to the overall discriminant model obtained. The profiles obtained suggest that distinct promotional strategies, with emphasis on different reasons for donating, may appeal to the two groups. Copyright © 1999 Henry Stewart Publications     

信息安全专业“学分银行”认证标准的探索与实践

学分银行制度是实现不同类型学习成果的互认和衔接,构建我国终身教育体系的制度保证和技术支持. “学分银行”存储的不是货币而是学分,汇兑的不是货币而是学历或资格证书.学分银行的“学分”及“证书”如何定义、如何存储、如何兑换,需要一系列标准来支撑.本文基于信息安全行业实践工作,就信息安全专业各层次学习成果在“学分银行”制度下转换互认标准的建立进行研究与探索.     

Consumer cooperatives as an alternative form of governance: The case of the broadband industry

With a growing number of consumer cooperatives in non-agrarian industries such as energy and broadband, there is a need to better understand their emergence as a viable form of governance. In this context, the paper uses Mikami’s (2010) model on consumer cooperatives to explain their emergence as a result of their ability to generate additional equity financing through the membership market. It focuses on the motivations of consumers to financially contribute to a cooperative by examining the risks and benefits associated with the investment. Based on a survey of 759 consumers, it links their motivations for joining a cooperative to different forms of risks and benefits associated with the investment. It shows that the risks related to cost sharing and switching costs are important determinants for consumers. Other factors that affected the likelihood of joining a cooperative were expected benefits with respect to user network externalities and infrastructure gains.     

Characteristics of workplaces with financial participation: evidence from the Workplace Industrial Relations Survey

This article assesses the theory and evidence for the adoption and use of financial participation. It reports finding of a comparison of the characteristics of workplaces with profit sharing, employee share schemes and those with no schemes at all, using data from WIRS3     

The Productivity Effects of Internal and External R&D: Evidence from a Dynamic Panel Data Model*

We examine the impact of internal and external R&D on labour productivity in a 6‐year panel of Dutch manufacturing firms. We apply a dynamic panel data model that allows for decreasing or increasing returns to scale in internal and external R&D and for economies of scope. We find complementarity between internal and external R&D, with a positive impact of external R&D only evident in case of sufficient internal R&D. These findings confirm the role of internal R&D in enhancing absorptive capacity. The scope economies are accompanied by decreasing returns to scale at high levels of internal and external R&D. The analysis indicates that productivity grows by increasing the share of external R&D in total R&D.     

Public sector restructuring and the re‐regulation of industrial relations: the three‐decade project of privatisation,liberalisation and marketisation in Royal Mail

The British postal service, Royal Mail, was privatised in 2013, following failed attempts at divestiture in 1994 and 2009. This article analyses processes of marketisation, liberalisation and privatisation, highlighting how strong workplace‐centred union presence allowed for considerable influence and bargaining gains within such highly sensitive political projects of restructuring.     

The Effects of Consumption Variability on Saving: Evidence from a Panel of Muscovite Households**

Due to the high uncertainty characterizing them, transition economies provide an extraordinary opportunity to test the precautionary saving hypothesis. This paper represents an attempt to exploit this opportunity. We use a panel of 2,346 Muscovite households, over the 12 months of 1996, to construct two time‐varying measures of consumption growth variability, which we use as proxies for households’ perceived uncertainty. We then regress household saving on these uncertainty variables using a GMM‐system estimator. We find that both uncertainty measures generally have a positive and statistically significant effect on saving. This result, which is robust to the use of different measures of saving, supports the precautionary saving hypothesis.     

Broadcast meteorology and the supply of weather forecasts: an exploration

Advertising imperfectly translates viewer preferences into demand for programming, and evaluating the quality of news products is difficult for consumers. Consequently the ability of market forces to supply high quality news is a subject of continuing debate. This paper offers new evidence on the supply of news by examining the investments by television stations in weather coverage. Weather forecasts meet the classic economic definition of a public good, yet television stations across the U.S. undertake extensive efforts to provide viewers with weather forecasts. Stations in markets with a higher incidence of severe weather, particularly a higher tornado rate, make significantly greater investments in their own Doppler weather radars and weathercasters certified by the American Meteorological Society. Since television weather can help save lives during severe weather, the supply of TV weather coverage is at least approximately efficient.     

城市居民收入对通勤时间的影响——基于2014年CFPS数据的研究

城市社会转型过程中,不同收入群体的职住空间分化与通勤行为差异增加,目前已有研究对于收入对通勤的影响存在争议。基于2014年的中国家庭追踪调查数据,定量描述和分析了全国、区域和省级尺度下居民的通勤格局,并探讨了居民收入与通勤时间的关系。研究表明:(1)我国城市居民2014年平均通勤时间为20.68分钟,并且存在较大的区域与省级差异。(2)收入对居民通勤行为具有正向的影响,收入越高通勤时间越长。(3)通勤还受到年龄、性别、教育程度等社会经济属性和住房属性的影响。     

Monetary Policy and Macroprudential Policy: New Evidence from a World Panel of Countries

The event of the recent financial crisis raises the question of whether policy makers could have done more or something different to prevent the build‐up of financial imbalances. This paper contributes to the field of regulatory impact by tackling the debate on whether central banks should ‘lean against the wind’, while in case the response is positive, how macroprudential policies should be combined with monetary policy. Using an augmented Taylor rule and a sample of 127 global economies, the results provide evidence on the importance of macroprudential issues for the implementation of an effective monetary policy. They also document that the type of adopted macroprudential instrument has a substantial effect on such effectiveness, with this policy mix being less ‘integrated’ when the monetary rule aims at primarily safeguarding inflation stability. The results survive robustness checks under alternative assets.     

State Dependence and Stickiness of Sovereign Credit Ratings: Evidence from a Panel of Countries

Using data from Moody's, we examine three sources of sovereign credit ratings persistence: true state dependence, spurious state dependence and serial error correlation. Accounting for ratings persistence, we also examine whether ratings were sticky or procyclical for two major crises: the European debt crisis and the East Asian crisis. We set up a dynamic panel ordered probit model with autocorrelated disturbances and nonparametrically distributed random effects. An efficient Markov chain Monte Carlo algorithm is designed for model estimation. We find evidence of stickiness of ratings and of the three sources of ratings persistence, with the true state dependence being weak. Copyright © 2015 John Wiley & Sons, Ltd.     

The Impact of Training on Productivity and Wages: Evidence from British Panel Data*

It is standard in the literature on training to use wages as a sufficient statistic for productivity. This paper examines the effects of work‐related training on direct measures of productivity. Using a new panel of British industries 1983–96 and a variety of estimation techniques we find that work‐related training is associated with significantly higher productivity. A 1% point increase in training is associated with an increase in value added per hour of about 0.6% and an increase in hourly wages of about 0.3%. We also show evidence using individual‐level data sets that is suggestive of training externalities.