Strategic Alignment,Performance, and Value

ABSTRACT

The paper discusses the reaching of superior value based on strategic alignment and the adoption of performance measurement systematics, which are based on multiple and integrated perspectives, using primary data obtained through the survey of companies of high complexity and impact in the Brazilian economy. The operationalization was developed from the adoption of multivariate analysis, which revealed the existence of correlations between the variables studied, reinforcing assumptions about reaching superior value based on the improvement of the mechanisms that support the strategic management dimensions with the backdrop of performance management practices based on the principles of Kaplan and Norton (2001 Kaplan , R. S. , and Norton , D. P. (2001). Organização Orientada para a Estratégia . Rio de Janeiro : Campus. [Google Scholar]) for organizations focused on strategy and the Balanced Scorecard approach. The findings confirm the importance of the association among strategic alignment vectors to reach a superior value and the existence of different clusters of organizations dedicated to reach and support value, mainly through combining the organization's relational capabilities (Soft Skills). The study deepens the discussion on strategic alignment of organizations through the introduction and testing of the Institutional Steering, Performance Maturity, and Balanced Performance constructs.     

Globalization and its consequences: Malaysian managerial perspectives and implications

With the aid of a multi-disciplinary literature review and a sample of 165 managers and professionals, this study investigated the perception of the impact of globalization in Malaysia. The study revealed that a significant percentage of the respondents subscribe to the hegemonic view of globalization as a system that is closed to other political, economic and value systems. However, they also see the benefits of globalization in terms of the transfer of good business practices as well as the flow of foreign direct investment (FDI). The views of respondents vary between ethnic groups, with the Chinese tending to be more enthusiastic about the positive impact of globalization while the Malays tend to be more concerned about its negative impact. The theoretical and practical implications of the study are discussed.     

EXPLORING EXPENDITURE‐BASED SEGMENTATION FOR RURAL TOURISM: OVERNIGHT STAY VISITORS VERSUS EXCURSIONISTS TO FEE‐FISHING SITES

About three fourths of new small tourism businesses fail within the first few years of operation mainly due to poor identification and lack of knowledge of their markets. While understanding visitor spending pattern is critical for the market to be economically viable and successful, research on rural tourist spending behavior is lacking in the literature. Therefore, the purpose of this study was to explore a visitor segmentation approach based on rural visitor spending behavior. Multiple regression analysis suggested accommodation attribute as the most useful predictor for visitor spending. Two subgroups were developed using accommodation type as a segmentation criterion—overnight stay visitors versus short excursionist. Comparative analyses were done using socio‐demographic variables, trip behavior, recreational motivation, and activity preferences. Overnight stay visitors and short excursion group showed significant differences on several behavioral and motivation variables. Practical suggestions are provided for attracting tourists to rural tourism destinations.     

Knowledge,Skills, and Abilities for the Market Economy: An Investigation of Student Perceptions Before and After China's WTO Entry

This exploratory study conducted in the People's Republic of China sought to determine the managerial knowledge, skills, and abilities (KSAs) that are perceived as important for the Chinese market economy. Questionnaire responses were collected from 145 business students in 2001 (before China's WTO entry) and 141 business students in 2006 (after China's WTO entry). The identified set of eight managerial knowledge, skills, and abilities included: business area knowledge and skills, communication skills, creativity/adaptability, ethics, leadership, problem solving, teamwork, and work habits. For each time period examined, the mean score for “importance” of each KSA was significantly higher than the mean score for “presence.” The differences between the importance mean and the presence mean for each KSA was denoted as a “gap.” This study revealed that five of the eight KSAs had a significantly smaller gap in 2006 than in 2001. This suggests that the business education system in China is enabling the development of more effective managers for the Chinese market economy.     

旅行社“零负团费”模式的经济解释

“零负团费”模式是旅游业发展到一定阶段出现的客源地和目的地相互作用的一种现象。在对“零负团费”现象研究文献的回顾中发现,对消费者非理性、旅行社削价竞争、旅游产品同质化、信息不对称等表面化的现象进行探讨的较多,但对于旅行社业影响最大的制度层面的研究往往被忽略。制度约束是“零负团费”产生的主要原因,而且在旅游资源无法自由流动的条件下,“零负团费”无疑是一种可以最小化交易费用的模式。正是因为具有这样的优势,“零负团费”模式才成为包价旅游产品一种主要的经营模式。     

股市波动对基金管理费报酬的影响研究——基于中介效应的分析

利用中介效应分析方法检验了理论假设:股市波动对基金管理费报酬有积极的影响,基金业绩在股市波动对基金管理费报酬的影响中存在正的中介效应,即基金有能力在股市波动中发掘机会来提高业绩,从而提高管理费报酬。实证结果表明,在没有增加基金业绩情况下,股市波动对基金管理费报酬具有积极影响,此结论从股市波动的视角证明了基金管理费激励机制并不是激励相容的。根据实证结果,可以从基金类型多样化、扩大管理费率范围和加强投资者教育等三个方面完善基金管理费激励机制。     

Gender and managerial coaching across cultures: female managers are coaching more

Despite the increasing popularity of managerial coaching in organizations worldwide, little is known with regard to how gender and culture may affect managerial behavior. The present study is the first empirical study on managerial coaching on a global scale. Based on social role theory, role congruity theory, and cross-cultural theory, we first expect female leaders to engage in more coaching behavior than male leaders. Second, we expect that male leadership, particularly coaching behavior, is more influenced by societal culture than female leadership. Survey data were obtained from more than 600,000 employees, assessing coaching behavior of more than 130,000 practicing managers from 51 countries/areas. Results support both expectations. Taken together, this study has advanced our empirical and theoretical understanding of managerial coaching on a global scale.     

基于商品质量偏好的双边市场定价策略分析

本文研究了双边市场一方用户群体提供商品或服务的质量在垄断市场情形和单归属（接入）寡头垄断市场情形下对双边市场平台定价问题。研究结果表明：在寡头垄断情形下,消费方和厂商的接入费用和其本身对质量的敏感程度及质量成本系数相关,平台具有鼓励符合条件的用户接入平台的动机。在单归属的寡头垄断情形下,平台之间的厂商无质量差异时,平台倾向于定高价以获取由商品质量引起的双边市场的剩余价值,而消费者和厂商均没有提高商品质量的要求和激励;在寡头平台之间的商品或服务质量差距小,质量信息不透明时,优势平台会随着质量差距扩大而提高厂商的接入费用,其消费者的数量也会增多;若质量信息透明,质量劣势平台为了保持市场份额,其价格与另一寡头平台的消费者市场的接入费用差距与质量差距成正比,而在厂商市场的接入费用差距与质量差距成反比。     

城镇职工医保基金结余问题与基金费用给付模式协同研究——基于某省W区的实证研究

职工医保统筹基金的结余水平与基金所采取的费用给付模式息息相关,城镇职工医保费用给付运营模式决定着统筹基金的结余水平应当保持在什么样的水平。本文以审计人员特有的视角,利用大数据分析技术及审计成果将职工医保基金结余进一步细分为个人账户结余与统筹基金结余进行研究,通过审计研究成果与政策规定的冲突以及职工医保与城乡医保基金相互之间的比较,分析基金结余研究的关键因素,进而探讨医保统筹基金费用给付模式,并就现阶段我国执行现收现付制加弱积累制混合模式的历史原因及现实因素作进一步的深入分析,最后基于人口老龄化背景下缓解职工医保收支恶化趋势提出相应的对策与建议。     

Whom are you promoting? Positive voluntary public disclosures and executive turnover

Research summary: This paper uses signaling theory to bring together two complementary research streams that have largely ignored each other: strategic human resource management and media relations management. We argue that when publicly traded firms voluntarily and publicly disclose positive information about their value creation and appropriation activities, they also send positive signals to managerial labor markets regarding executives' capabilities. Accordingly, we hypothesize a positive association between public disclosures and voluntary executive turnover. An analysis of pharmaceutical and communications equipment firms from 1990 to 2004 supports this prediction, underscoring the need to understand better the effects of voluntary public disclosures on a firm's ability to protect its human capital. More generally, our results highlight the importance of considering the impact of a single signal on multiple receivers. Managerial summary: Given the organizational benefits of positive media coverage, the considerable effort that firms put into managing their image in the media is not surprising. We argue and show, however, that when a firm enhances its public image it also improves its executives' positions in the managerial labor market and, by so doing, increases their likelihood of voluntarily leaving the firm. In particular, we find that corporate press releases, an important mechanism for managing information released in the public domain to signal a firm's competitive advantages, may result in unintentional loss of senior management talent. This trade‐off suggests that firms should increase coordination between their strategy, human resources, and corporate communications/investor relations departments to ensure that they collectively weigh the benefits and costs of publicly disclosing value‐relevant information. Copyright © 2015 John Wiley & Sons, Ltd.