First published in 1971, this collection of fourteen contemporaneous European research studies on managerial backgrounds and on the patterns, roles, and evolution of managerial careers examine managerial motivations in a broader context than the traditional analysis of psychological qualities. Most of the studies suggest or demonstrate the usefulness of a typology of industrial leaders - whether constructed from individual characteristics, the characteristics of the firm or the characteristics of the economy as a whole - that avoids isolating industrial executives from outside factors. This book will be of interest to students of business, sociology and industrial history.

This monograph presents results originating from a research project investigating autonomous adaptation of vehicle schedules and systematically develops and evaluates innovative ideas for the management of transportation processes in volatile scenarios. Showing the progress made in the development of the methodological toolbox for decision support in dynamic process management is the major motivation behind this book. The result is a new integrated approach to dynamic decision making. Existing process planning approaches for volatile environments and their application boundaries are investigated in Part I. Part II introduces the concept of feedback-controlled adaptive decision models and proposes the required extensions of the online decision making framework and of multi-agent systems. A comprehensive evaluation of the proposed decision model adaptation framework based on computational simulation experiments is reported in Part III and demonstrates the predominance of the new approach. Distinguishing features of this book are: -It provides the first contribution to the operational management of processes in supply networks that explicitly addresses the two challenges of dynamics and distributed decision making simultaneously. -It systematically approaches the limits of model-based process planning but also proposes methods to extend the application boundaries. -Software prototypes are developed and a comprehensive evaluation within numerical simulation experiments is executed. -The observed results are discussed with an explicit focus on specific performance indicators (flexibility, stability and robustness). -The strict interdisciplinary approach merging the requirements and needs of management sciences, operations research and computer sciences is pursued throughout the book.

This book explores the underlying causes of the pervasive dominance of 'unethics' in contemporary affairs in economics, business, and society. It is argued that the state of unethics is related to the overexpansion of market and market values in all spheres of social life and human activities. A correlate of this development is the emergence of an extremely individualistic, materialistic and narcissistic mind-set that dictates the decisions and behavior of people and organizations. The author argues that art can help to overcome the dominant market metaphysics of our age, as genuine art creates models of 'poetic dwelling,' which can generate non-linear, progressive change that opens up a larger playing field for ethics. Aesthetics and ethics go hand in hand. Ethical action is not just right for its own sake, but makes the world a richer, livable and more beautiful place. Ethics, Meaning, and Market Society will be of interest to students at an advanced level, academics, researchers and professionals. It addresses the topics with regard to ethics in economics, business, and society in a contemporary context.

Profiles in Operations Research: Pioneers and Innovators recounts the development of the field of Operations Research (OR), the science of decision making. The book traces the development of OR from its military origins to a mature discipline that is recognized worldwide for its contributions to managerial planning and complex global operations. Over the past six decades, OR analyses have impacted our daily lives: when making an airline or hotel reservation, waiting in line at a bank, getting the correctly blended fuel at the gas station, and ensuring that the book you are holding arrived at its destination on time. OR originated in the late 1930s when British scientists from various disciplines joined Royal Air Force officers to determine the most effective way to employ new radar technology for intercepting enemy aircraft. During World War II, similar applied research groups were formed to study, test, and evaluate military operations on both sides of the Atlantic. Their work resulted in great improvements-OR helped the Allies win the war. The scientific field that emerged from these studies was called operational research in the U.K. and operations research in the U.S. Today, OR provides a broad and powerful science to aid decision making. Profiles describes the lives and contributions of 43 OR pioneers and innovators and relates how these individuals, with varying backgrounds and diverse interests, were drawn to the nascent field of OR. The profiles also describe how OR techniques and applications expanded considerably beyond the military context to find new domains in business and industry. In addition to their scientific contributions, these profiles capture the life stories of the individuals-interwoven with personal tales, vivid vignettes, family backgrounds, and views of the mission and future of OR. Collectively, the profiles recount the fascinating story of the growth and development of a field enriched by the convergence of different disciplines. The Editors: Arjang A. Assad is Dean of the School of Management, University at Buffalo, State University of New York. Saul I. Gass is Professor Emeritus, Department of Decision, Operations & Information Technologies, Smith School of Business, University of Maryland, College Park. From the Reviews Profiles In Operations Research: Pioneers and Innovators. Book Review by Nigel Cummings: U.K. OR Society's e-journal, Inside OR., Sept 2011. "I can thoroughly recommend this book. I found it both enlighteningand undeniably gripping, so much so in fact, you may find it difficultto put it down once you have commenced reading it. Arjang A. Assad and Saul I. Gass have created a masterwork whichwill serve to immortalise [stet] the pioneers of O.R. for many years to come." *For a list of all known typos, plus further discussion on the book, please visit http://profilesinoperationsresearch.com.

This monograph deals with a general class of solution approaches in deterministic global optimization, namely the geometric branch-and-bound methods which are popular algorithms, for instance, in Lipschitzian optimization, d.c. programming, and interval analysis.It alsointroduces a new concept for the rate of convergence and analyzes several bounding operations reported in the literature, from the theoretical as well as from the empirical point of view. Furthermore, extensions of the prototype algorithm for multicriteria global optimization problems as well as mixed combinatorial optimization problems are considered. Numerical examples based on facility location problems support the theory. Applications of geometric branch-and-bound methods, namely the circle detection problem in image processing, the integrated scheduling and location makespan problem, and the median line location problem in the three-dimensional space are also presented. The book is intended for both researchers and students in the areas of mathematics, operations research, engineering, and computer science.

Global Business Intelligence refers to an organization's ability to gather, process and analyze pertinent international information in order to make optimal business decisions in a timely manner. With a challenging economic and geopolitical environment, companies and executives need to be adept at information gathering in order to manage emerging challenges and gain competitive advantages. This book Global Business Intelligence assembles a cast of international experts and thought leaders and explores the implications of business intelligence on contemporary management. Global Business Intelligence will be a key resource for researchers, academics, students and policy makers alike in the fields of International Business & Management, Business Strategy, and Geopolitics as well as related disciplines like Political Science, Economics, and Geography.

Applications of Management Science showcases current studies in the application of management science, contributing to the solution of significant managerial decision-making problems. To those involved in the applications of multi-criteria decision making, data envelopment analysis, and decision making, in a realistic managerial problem-solving environment through the use of state-of-the-art management science modeling, this is a must read. The research presented by academics in Volume 13 significantly aids in the deconstruction of managerial decision-making problems with management science methodologies. Specifically focusing on the applications of management science methodologies data envelopment analysis and multi-criteria decision making, this collection is split into three sections: Data Envelopment Analysis, Optimization Modeling, Business Analytical Modeling. Applications of Management Science is core for those academics, researchers, and practitioners of management science in mitigating significant managerial decision-making problems, for both the public and the private sectors.

In recent decades, the rapid expansion of trade and investment among developing countries has resulted in a scenario wherein firms from developing countries account for an increasing share of capital, goods, and wealth in the global economy. Industry leaders from developing countries have observed that firms in developing countries need to identify and develop key supply chain capabilities in order to succeed in emerging markets. It is argued that customers in emerging markets are likely to have different needs and supply chain expectations as compared to customers in developed economies. Reaching into these emerging markets, understanding the customer diversity, and translating it into effective segmentation schemes are critical for the efficient design of supply chain operations. Leadership Strategies for Global Supply Chain Management in Emerging Markets is a pivotal reference source that provides vital research on creating efficient supply chain operations in emerging markets. While highlighting topics such as consumer behavior, global operations, and information transparency, this publication investigates the needs of consumers in emerging markets as well as the methods of designing effective operations. This book is ideally designed for supply chain managers, logistics managers, operations and warehousing professionals, industry practitioners, academicians, students, and researchers.

Making decisions is a critical part of every executive's job. However we know so little about the often subliminal processes that shape the decisions we make. The Secret Life of Decisions exposes the unchallenged myths and distortions that impact our reasoning ability, raising our awareness of the many traps we can fall into. Meena Thuraisingham and her collaborator, Wolfgang Lehmacher, have drawn from decades of work with leaders showing that even the most talented leaders and teams can end up making sub-optimal decisions. This is rarely because they had poor critical thinking faculties but rather because they did not pay enough attention to the often invisible traps hardwired into our thinking processes, letting through only information that conforms with our current beliefs, mental models and expectations. This leaves many leaders and businesses exposed. Rather than being the rational output of our reasoning abilities, the authors show decision making to be a highly imprecise process. As decision makers we come to the table armed with our own perspectives, preferences, filters, heuristics and biases, influenced by a broad range of social influences many operating subliminally. The Secret Life of Decisions is an essential read for developing and seasoned executives who have to work through increasingly complex and high stakes decisions. It treats choosing wisely and the thinking involved as a skill, which as with many other skills, can be improved with the guided practice and supporting tools provided here. The journey however starts with awareness that comes from outing the 'secret forces that can sabotage the quality of our decisions.

Supply chain management in the construction industry has passed through different eras - yet throughout, the construction industry has experienced fragmentation, late project delivery and other Gordian Knots due to its slow adoption of innovative modern technologies and principles in the supply chain processes. Addressing the need to harmonise the construction supply chain and establish the industry as the lynchpin of the economy, Construction Supply Chain Management in the Fourth Industrial Revolution Era acts as a roadmap, re-aligning the activities of the construction supply chain stakeholders with the principles and tenets of Industry 4.0. Gathering evidence on both the benefits and disruptive potentials within the current construction supply chain management domain, this collection determines the acceptable practice and standard for regulatory bodies and managers, appealing also to researchers as it expands the frontiers of knowledge in the fourth industrial era.

Business Process Modeling, Simulation and Design, Third Edition provides students with a comprehensive coverage of a range of analytical tools used to model, analyze, understand, and ultimately design business processes. The new edition of this very successful textbook includes a wide range of approaches such as graphical flowcharting tools, cycle time and capacity analyses, queuing models, discrete-event simulation, simulation-optimization, and data mining for process analytics. While most textbooks on business process management either focus on the intricacies of computer simulation or managerial aspects of business processes, this textbook does both. It presents the tools to design business processes and management techniques on operating them efficiently. The book focuses on the use of discrete event simulation as the main tool for analyzing, modeling, and designing effective business processes. The integration of graphic user-friendly simulation software enables a systematic approach to create optimal designs.

Do you solve problems in the style of a coyote, competitor or eagle? Recognising the way you approach and deal with problems at work will enable you to identify the most suitable technique to use on a daily basis. Victor Newman's practical book strikes at the heart of fundamental challenges faced by all managers. It looks beyond the conventional techniques of problem-solving to the underlying process, identifies eight stages and explains how to recognise which technique is appropriate to which stage. On this basis managers can generate solutions at both the personal and the organisational level. A unique feature of the book is a Problem Solving Styles Profile that enables each reader to apply the material in the text to improve their own problem-solving capability.

This addition to the ISOR series addresses the analytics of the operations of electric energy systems with increasing penetration of stochastic renewable production facilities, such as wind- and solar-based generation units. As stochastic renewable production units become ubiquitous throughout electric energy systems, an increasing level of flexible backup provided by non-stochastic units and other system agents is needed if supply security and quality are to be maintained. Within the context above, this book provides up-to-date analytical tools to address challenging operational problems such as: * The modeling and forecasting of stochastic renewable power production. * The characterization of the impact of renewable production on market outcomes. * The clearing of electricity markets with high penetration of stochastic renewable units. * The development of mechanisms to counteract the variability and unpredictability of stochastic renewable units so that supply security is not at risk. * The trading of the electric energy produced by stochastic renewable producers. * The association of a number of electricity production facilities, stochastic and others, to increase their competitive edge in the electricity market. * The development of procedures to enable demand response and to facilitate the integration of stochastic renewable units. This book is written in a modular and tutorial manner and includes many illustrative examples to facilitate its comprehension. It is intended for advanced undergraduate and graduate students in the fields of electric energy systems, applied mathematics and economics. Practitioners in the electric energy sector will benefit as well from the concepts and techniques explained in this book.

How much risk should we take? A Short Guide to Risk Appetite sets out to help all those who need to decide how much risk can be taken in a particular risky and important situation. David Hillson and Ruth Murray-Webster introduce the RARA Model to explain the complementary and central roles of Risk Appetite and Risk Attitude, and along the way they show how other risk-related concepts fit in. Risk thresholds are the external expression of inherent risk appetite, and the challenge is how to set the right thresholds. By progressively deconstructing the RARA Model, the authors show that the essential control step is our ability to choose an appropriate risk attitude. The book contains practical guidance to setting risk thresholds that take proper account of the influences of organisational risk culture and the individual risk preferences of key stakeholders. Alongside this, individuals and organisations need to choose the risk attitude that will optimise their chances of achieving the desired objectives.

Hyperthinking is predicated on the assumption that the single most important skill required to help you and your organization thrive in the age of perpetual change, digital communications and networks is the mind-set of individuals. This includes your values, your ability to learn and ability to adapt to change. After 14 years of experience with leading global companies, author Philip Weiss has developed an approach that pulls together the ingredients needed for the modern executive to both adapt and thrive in this new age. The Hyperthinking model has been developed and tested on teams, clients and the author's networks with great success. The book explains how Hyperthinking can apply to different facets of our lives, starting from our personal experience and our role in society and shows how to adapt better to the new business world. Hyperthinking is a set of values and tools that, used in combination, enable individuals to embrace change develop their creativity and effectively engage in the digital age. It has been tested by a variety of business executives and helped them to understand change, as well as overcome fear or resistance to technology. Philip Weiss offers the perfect antidote to information overload; a wonderful blueprint for personal and organizational innovation; and a set of perspectives to help us all make sense of a fast-changing business environment. Read it and start Hyperthinking!

Management Ideas is a unique guide to the dominant theories influencing management practice in the late 20th century. Kermally explains how some organizations have taken these ideas on board and incorporated them in their strategies in order to survive in today's intensively competitive climate. Management Ideas looks at: Total quality management Benchmarking Customer service Business process re-engineering Performance measurement Empowerment Learning and knowledge-focused organizations The ...in brief books provide a critical 'snapshot' of the major management fashions and fads influencing business strategy. They cut through the consultants' jargon and steer a practical, common sense course through the theory and hype. They provide managers with a balanced view based on evidence rather than missionary zeal, so that they can be better informed.Sultan Kermally is the senior Vice President and the Director of the Economist Conferences. Formerly he was a Senior Group Director at Management Centre Europe, Brussels. He designs conferences on leading edge management issues such as Benchmarking, Empowerment, Process Re-engineering. He is also a part-time lecturer at Durham University Business School.An expanded hardback edition of this book, Total Management Thinking, is also available - ISBN 0750626143

From the perspective of delivering successful projects, the value of a skilled project sponsor and project manager outweighs many other factors. Projects need leaders who can give them vision, identity, keep the stakeholders and the project team on board and make the difficult decisions that will enable the project to continue (or, if necessary, be terminated). These are human skills that don't necessarily feature large in the project management bodies of knowledge. Ralf Muller and Rodney Turner's Project-Oriented Leadership explains the key leadership models of managerial, intellectual and emotional leadership and shows how they can be applied within projects to lead processes, functions and people, and ensure an ethical and inclusive approach within projects and programs.

In this thought-provoking book Dr Newman looks beyond the conventional techniques of problem solving to the underlying process. He identifies eight stages and explains how to recognize which technique is appropriate to which stage. On this basis managers can generate solutions at both the personal and the organizational level. He shows: c how to overcome the four main obstacles to developing a balanced problem solving style c how to manage the relationship between problem solving style and stress c how to use physical movement as an aid to problem solving. A unique feature of the book is a Problem Solving Styles Profile that enables each reader to apply the material in the text to improve their own problem solving capability. Written in a lively and practical style and drawing on examples from a wide range of real-life problems, Dr Newman's book is certain of a warm welcome from managers, team leaders and professionals of every kind.

There have been two critical leadership approaches. First Generation Leadership (command and control) was the dominant model until the 1940s. Second Generation Leadership (compliance coupled with rewards and punishments) is still dominant today. This approach is being rejected by 'Generation Y ', threatening the longevity of traditional organisations. In Third Generation Leadership and the Locus of Control, Douglas Long acknowledges the need for a leadership approach that elicits engagement, commitment, and enhanced personal, group, and organisational accountability. This is Third Generation Leadership. At its core lies the issue of where we centre our brain's locus of control and how this impacts on our understanding of and approach to leadership. With examples from everyday situations, underpinned by research, this book is about understanding and applying aspects of neuroscience critical for tomorrow's world. It provides a framework for addressing problems through insights into how the way we use our brains affects values, worldviews and behaviours. The author introduces the concept of 'red zone - blue zone' to explain the differences between a brain controlled by its stem-limbic areas (red zone) and the limbic-cortical cortex areas (blue zone). This becomes a short hand for describing and applying knowledge from neuroscience to encourage practitioners in leadership and management roles to achieve desired outcomes through becoming acquainted with different areas of their brain. Anyone grappling with what is required to deal with Generation Y people in a networked and mobile age will welcome this introduction to the world of third generation leadership.

This study, first published in 1986, examines and evaluates the personnel techniques and activities that were characteristic of one period in American industrial life. In later years these techniques and activities came to be known as personnel management or personnel administration. By these terms is meant the policies, procedures, and programs that were introduced by companies for the purpose of bringing about constructive and harmonious relationships between management and its own employees. This title will be of interest to students of business studies and human resource management.

There was much development of both education and industry in post-World War II Britain. There was, on the one hand, an extension of public education to the secondary school stage and the substantial financial help that was available, which meant that increasing numbers were going to university. On the other, there had been immense advances in scientific and technical knowledge and its application to industry. These advances in industry produced an increase in the demand for trained graduates. This book, first published in 1957, examines this correlation, and provides guidance for both graduates and hiring managers. This title will be of interest to students of human resource management and business studies.

In this title, first published in 1918, Lord Leverhulme explores the ideas of co-partnership, piece-work, housing, and the benefits of shorter hours of labour. The most notable of these discussions, collected by Stanley Unwin, with a Preface by Lord Haldane, advocates a six-hour day, with two shifts, in all industries in which the overhead charges are equal to or larger than the cost of weekly wages. Lord Leverhulme's view is that the employees work better in a short working day and might produce as much in six hours as in eight hours, and that in any case the machinery could be utilized more profitably by running for the double shift of twelve hours than for the single shift of eight hours. This seminal work will be of interest to students of business studies and human resource management.

The field of project management has developed over the past 40 years; however, the recent increase in computer power has greatly accelerated its theoretical and computational developments. Advanced Models for Project Management is an expository treatment of the recent developments in project modeling. These advances and their treatment in the book are as follows: Chapters 2 and 3 broaden the concept of precedence and the description of activities to produce a wide range of realistic representation of projects. Chapters 4 and 5 explore the stochastic study of project features through several analytical and numerical models - using simulation and risk analysis - which provide experimental and forecasting analyses. Chapter 6 examines the allocation of resources in complex situations and restrictions, and also studies the financial aspects of projects and optimization of financial elements. Chapter 7 assesses and evaluates projects within the framework of multi-criteria decision theory. Chapter 8 concludes with an analysis of new models based on synthetic indicators, helping the operations manager select the most convenient solutions. Hence, the book provides a number of original advances, including: an assessment of the complexity and hardness of a project network; a description of the network's morphology; a new approach to simulate project networks; development of models based on continuous variables to optimize project schedules; and the development of a three-dimension model (MACMODEL) to assess and to evaluate projects and a new synthetic indicator to support the process of scheduling. Finally, several software products are presented that help the project manager to use new tools suchas RISKNET and MACMODEL.

We are living in the post-information age, the era of so-called 'Big Data'. It is a practical possibility for corporations to report, chart and analyse every action, transaction and click that happens inside and outside their business. In Decision Sourcing Roberts and Pakkiri examine what this means to organisational decision making. They explode the myth that good decisions need only be informed ones through an examination into how business really make choices. They lay bare the poverty of decision making processes in today's corporate world and offer fresh and fascinating insight into how social tools are providing new sources of information, how they are challenging hierarchy and how they are providing opportunities for growth and agility through aligned and inclusive decision making. This book is for those organisations that want to get beyond the corporate Facebook account and are ready for the next bold step. It is for those businesses that want to engage their workforce and their customers in collaborative relationships that are at the heart of the successful social enterprise.

Data Mining in Agriculture represents a comprehensive effort to provide graduate students and researchers with an analytical text on data mining techniques applied to agriculture and environmental related fields. This book presents both theoretical and practical insights with a focus on presenting the context of each data mining technique rather intuitively with ample concrete examples represented graphically and with algorithms written in Matlab(r). Examples and exercises with solutions are provided at the end of each chapter to facilitate the comprehension of the material. For each data mining technique described in the book variants and improvements of the basic algorithm are also given.