Business Commons^™

Dynamic Capabilities Related To Converging Software Markets, Mike Smith

Engineering and Technology Management Student Projects

Methodology for in the software development life cycle has rapidly evolved over the last couple decades. This evolution is related to strategies born in just-in-time manufacturing which reveal themselves through methods such as rapid application development, waterfall development, spiral development, agile development, and DevOps. Coupled with consumer and industry adoption of cloud-based technologies, software releases to consumers can happen minutes after code-commits. This environment breeds highly competitive firms, rapid and frequent new entrants, ever changing resource barriers, and a constant threat of replacement. To mitigate these risks the adoption of dynamic capabilities could improve firm success and assist in ensuring …

Exploring Technology Forecasting And Its Implications For Strategic Technology Planning, Yonghee Cho

Dissertations and Theses

As the importance of R&D has been growing in economic growth, the accountability and effectiveness of R&D programs are highly emphasized. Especially, in times of economic downturn, the evaluation of performance in a firm is needed to justify R&D investment. In response, various attempts have been made to improve success rates of R&D projects, gain competitive advantage, and achieve a firm's growth in profitability. In particular, in industries where technological innovation is significant, strategic technology planning and R&D capabilities may be the lead ones in defining the dynamic capabilities of a firm. In addition, technology forecasting (TF) in technology planning …

Strategic Planning For Collegiate Athletics, R Henry Migliore

Migliore Collection

Aimed at developing a long term strategic plan for the athletic department. Strategic Planning for Collegiate Athletics offers a step-by-step approach, complete with worksheets and examples, to assist athletic administrations in developing their plans for collegiate athletics. You will discover how to manage issues such as high turnover rates, unclear goals among staff, working long hours and still being unable to keep up, and lack of team spirit. As a college, university, high school, or recreational athletic director, you will benefit from the theoretically sound decision-making material that can be applied toward these issues addressing such areas as creating purpose …

Planeación Y Directión Estratégica, R Henry Migliore

Migliore Collection

Un problema siempre presente en las organizaciones y empresas, es determinar su dirección estratégica, desarrollar un plan y, después, ad- ministrarlo. Las organizaciones pequeñas, particularmente aquellas dirigidas por un propietario/administrador/organizador, generalmente enfrentan este reto sin mayores problemas en los años iniciales. Pero cuando crecen, aumentando su personal, la expansión pronto se convierte de un simple problema en uno mucho más complejo. A no ser que la administración se mantenga totalmente alerta y activa, una organización podría estancarse, víctima de la pérdida de dirección.

Reb Strategic Plan, Mohamed Sheikh, Catalina Reyes, Oneshin Aiken, Marthed Mohammed, Bhawinee Banchongraksa

Engineering and Technology Management Student Projects

Slides from a presentation outlining the strategic plan for a new skin care enterprise, including strategic planning, customer analysis,marketing plan and forecasting.

Big Data Analytics For A Sustained Competitive Advantage, Nayem Rahman

Student Research Symposium

Achieving a sustained competitive advantage in the industry is vital for a firm’s long-term survival. Big data has been mentioned as a powerful competitive tool in the literature. This study examines the influence of big data analytics in achieving competitive advantage by a firm in its business operations. From a competitive advantage standpoint, big data analytics capability has implications for three key resources such as big data technology, big data technical skills, and data scientist skills. In this presentation we provide an overview of big data analytics in terms of resource-based view of the firm. Based on resource-based theory, we …

Exiting From Large-Scale Initiatives: Lessons And Insights From A National Scan Of Philanthropy, Hanh Cao Yu, Moninder-Mona K. Jhawar, Daniela Berman

The Foundation Review

This article shares insights and lessons from a research project commissioned by The California Endowment in early 2016 to inform the planning for its transition out of Building Healthy Communities, a 10-year, place-based, policy- and systems-change initiative. The goal of the nationwide study, which included literature reviews and interviews with 30 executives and directors from 17 foundations, was to tap into philanthropic leaders’ accumulated wisdom about exiting out of similar initiatives.

In generalizing the study’s findings for the broader philanthropic audience, this article presents a guiding framework for exit and sustainability planning in the form of a set of recommendations …

Fundamentals Of Strategic Planning In A Global Economy, R Henry Migliore

Migliore Collection

This book discusses a philosophy of management that has convincingly demonstrated its value in bringing order out of chaos. It compels the management team to agree to direction. It is simple to understand. Once in motion it acquires a natural rhythm. It offers the opportunity to satisfy higher-level needs. Finally, and highly important, it provides a foundation to manage the organization. It gets everyone involved in the planning process. The problem with life is . . . Life is a great journey through places and times, but some go through it without a map or guide! Life is a journey. …

Strategies For Increased Productivity Through Control Of Process Constraints, Fabian Aniemene

Walden Dissertations and Doctoral Studies

In Nigeria, manufacturing businesses play a vital role in the industrial growth of the nation and have many dynamic benefits crucial for the growth of a sustainable economy. The manufacturing sector has added substantially to the gross domestic products of many countries. Nonetheless, 50% of manufacturing firms in Nigeria experience a decline in production capacity utilization and profitability because of inefficient production processes. The purpose of this qualitative multiple case study was to explore strategies leaders of manufacturing firms in Nigeria use to support efficient manufacturing operations. The theory of constraints served as the conceptual framework for this study. Eight …

Strategic Planning For A Community Focused Non-Profit Organization, Erik W. Williams

Liberal Studies (MA) Final Essays

This paper explores the process used to create the Engage 2020 Strategic Plan for Family Service of Roanoke Valley, a 116 year non-profit in Roanoke, Va. Utilizing a community based process that focused on the strengths, opportunities, aspirations, and results; the strategic plan focused on improving the people and culture, programming and impact, and the vitality of the agency over a three-year period. Discussed in this paper are the history of the agency, its previous strategic plan, the planning, the process, and the end product strategic plan.

Sequential: Sustainability And Growth In The Biofuels Business, Dave Garten, Jacen Greene, Carolyn Niehaus, Devdeep Aikath

Business Faculty Publications and Presentations

SeQuential, a vertically-integrated biodiesel company based in Portland, Oregon, pursued a more sustainable supply and production strategy than many competitors by securing inputs from used cooking oil (UCO) rather than new crops. A fragmented U.S. biodiesel industry produced more than 1.25 billion gallons of the fuel in 2016 from a mix of virgin materials and UCO, but the environmental impact of crop-based biodiesel was increasingly controversial. Meanwhile, UCO collection had grown rapidly in recent years, and with strong forecasted growth, offered a potential additional revenue stream for vertically-integrated biodiesel firms.

The price of the UCO used to produce SeQuential’s biodiesel …

The Organization Of The Future And The Marketing Function: Marketers' Competencies In The Era Of Information Technology, Mario V. González Fuentes

School of Business Faculty Research

The past two decades—and the technology advancements experienced throughout them—have left marketers with a new context that has provided new business opportunities. This new context has prompted a change in the focus of the marketing function and demanded a shift in marketing imperatives and competencies. This chapter provides a comprehensive review of the technological changes experienced by the marketing function in a company, as documented by both scholars and practitioners. It also provides a thorough discussion of the ongoing academic debate regarding the new set of technical skills that have defined employability in the marketing circles for the past couple …

An Exploration Of Ticket Pricing In Intercollegiate Athletics, Craig A. Morehead

Human Movement Sciences & Special Education Theses & Dissertations

Ticket sales represent a significant revenue stream for FBS athletic departments, yet little is known about how administrators determine prices for those tickets. This three-paper format dissertation is an attempt to begin filling this gap in the literature so that we may better understand ticket pricing from a managerial perspective. Paper one is conceptual in nature, and includes a review of extant ticket pricing literature and presents a research agenda for studying pricing in the unique environment of intercollegiate sport using the theoretical frameworks of stakeholder theory and institutional theory. The second and third papers are empirical examinations of ticket-pricing …

Needs Assessment As A Process For Change Management: Aligning Organizational Performance And Human Capital Investment With Strategic Planning And Change Creation, Abdulaziz Alshgeri

Wayne State University Dissertations

Research suggests that 70% of change management (CM) initiatives are considered unsuccessful. The most important reason for the dismal success rate of change initiatives is that they are driven by poor and invalid strategic decisions. Frameworks that businesses implement to secure sustainable long-term competitive advantages in the marketplace are often not effective. Therefore, decision-making related to improving results is critical, and must be based on an organization’s preset criteria. Creating and prioritizing key performance indicators direct leaders’ attention to effective change decisions. Prior research addresses several approaches to decide whether change is needed, such as statistical evidence, gut feelings, or …

Grassroots Strategic Planning: Involving Library Staff From The Beginning, Anne Marie Casey

Anne Marie Casey

Strategic planning is often considered a managerial tool. The management of an organization surveys the environment and develops a plan that they introduce to the organization as a whole. Most modern organizations seek employee involvement in the planning process and feedback to some degree with varied results. But for one academic library, employee involvement in the development and execution of the strategic plans has been a vital part of the processes. The Hunt Library at Embry-Riddle Aeronautical University has been developing strategic plans for several years with active input from the librarians and staff. This case study chronicles the different …

Strategic Priorities: A Roadmap Through Change For Library Leaders, Anne M. Casey

Anne Marie Casey

Twenty-first century academic libraries need to adapt on a regular basis because external forces such as increased pressures from the institution and accreditation organizations, emerging technologies, or budget reductions create new conditions. In a twenty-year period ending in 2008, academic library spending shifted substantially from physical to electronic resources and from staff and student salary lines to professionals, signaling profound changes in the way libraries do business. “Then just as academic … libraries were settling into these new behaviors, the worst recession in seventy-five years occurred, forcing many … to concern themselves with survival and making difficult decisions based on …

Strategic Planning Objectives For Venture Capitalist Investments In Emerging Information Technologies: A Value-Focused Perspective, David L. Coss, Gupreet Dhillon, Ifeoma Udeh

The Journal of Entrepreneurial Finance

Abstract

Academic and practitioner literature suggests that Venture Capitalists often have problems with aligning information technology opportunities with investment objectives. To a large extent the alignment process is not formally documented and relies on intuitive instincts. Hence it is important to define Venture Capitalist objectives for investments in emerging information technologies. This paper uses the Value-Focused Thinking approach to identify, define and structure value driven objectives. Based on data collected from a number of Venture Capitalist interviews we identified 130 values, which resulted in 72 objectives. These objectives were organized into 22 clusters, which were bifurcated into fundamental and means …

What's In Your Leadership Toolbox?, Barbara M. Tarasovich, Bridget M. Lyons

WCBT Faculty Publications

Senior finance executives play a pivotal role in achieving corporate strategic vision, fostering growth, and enhancing return on invested capital. But their role is becoming more and more complex. In addition to traditional functions, they and their finance teams must now do financial modeling, integrate data analytics, handle strategies for cyber security and complicated risk management, and more. To find out what capabilities must today's financial leaders have to be successful, the authors interviewed CFOs and human resources (HR) executives and identified the key required competencies. They identified six competencies frequently named by finance and HR executives that they believe …

Success Factors Of Small Business Owners Of Independent Financial Planning Firms, Joanne Snider

Walden Dissertations and Doctoral Studies

Small Business Administration statistics indicate that 20% of small businesses fail within the first 2 years and 50% fail within 5 years. The purpose of this case study was to explore the success factors and strategies of 12 small business owners of independent financial planning firms who achieved profitability beyond 5 years. A gap exists in the literature concerning such business owners, and their experiences provide valuable information to others desiring to start or maintain a financial planning business. The conceptual framework was entrepreneurship theory and Porter's 5 forces model of competitive strategy. The data were gathered via semistructured interviews …

Governmental Procurement Restrictions, Deficit Reductions, And The Sustainability Of Alaska Native Corporations, Paul O. Fondren

Walden Dissertations and Doctoral Studies

Alaska Native Corporations (ANCs) came under political scrutiny in the United States in 2009 during a climate of economic recession and governmental spending reductions. Since then, ANCs have faced increased governmental regulations that immediately changed the ways that their leaders previously achieved growth and success. The purpose of this explanatory case study was to identify elements of ANC strategic plans that lead to success and growth when operationally implemented. The central research questions investigated what executable strategic plans ANC leaders need to ensure sustainable business growth and what practices have led to success and failures. Data were collected from interviews …

Grassroots Strategic Planning: Involving Library Staff From The Beginning, Anne Marie Casey

Publications

Strategic planning is often considered a managerial tool. The management of an organization surveys the environment and develops a plan that they introduce to the organization as a whole. Most modern organizations seek employee involvement in the planning process and feedback to some degree with varied results. But for one academic library, employee involvement in the development and execution of the strategic plans has been a vital part of the processes. The Hunt Library at Embry-Riddle Aeronautical University has been developing strategic plans for several years with active input from the librarians and staff. This case study chronicles the different …

Preparing For Service: A Template For 21st Century Legal Education, Michael J. Madison

Articles

Legal educators today grapple with the changing dynamics of legal employment markets; the evolution of technologies and business models driving changes to the legal profession; and the economics of operating – and attending – a law school. Accrediting organizations and practitioners pressure law schools to prepare new lawyers both to be ready to practice and to be ready for an ever-fluid career path. From the standpoint of law schools in general and any one law school in particular, constraints and limitations surround us. Adaptation through innovation is the order of the day.

How, when, and in what direction should innovation …

Strategic Priorities: A Roadmap Through Change For Library Leaders, Anne M. Casey

Publications

Twenty-first century academic libraries need to adapt on a regular basis because external forces such as increased pressures from the institution and accreditation organizations, emerging technologies, or budget reductions create new conditions. In a twenty-year period ending in 2008, academic library spending shifted substantially from physical to electronic resources and from staff and student salary lines to professionals, signaling profound changes in the way libraries do business. “Then just as academic … libraries were settling into these new behaviors, the worst recession in seventy-five years occurred, forcing many … to concern themselves with survival and making difficult decisions based on …

Best Practices For Talent Acquisition In 21st-Century Academic Libraries, Kimberley Bugg

Publications and Research

Building a qualified and capable staff to engage students, faculty, and staff in a 21st century academic libraries requires that libraries rethink traditional approaches to recruitment and retention. This article draws attention to four phases: strategic planning, branding, pipe-lining, and candidate experience as essential to talent acquisition.

Gazing Into The Crystal Ball: Using Scenarios For Future Visioning Of A Distance Learning Library Service, Anne Marie Casey, Jon E. Cawthorne, Kathleen Citro

Anne Marie Casey

This article describes the use of scenarios as a tool to assist a large distance learning library service in its strategic planning. Through a description of the scenario process from beginning to end, the authors detail the steps that the library director and the consultant took initially; their missteps; and the successful conclusion. This study of the journey through the scenario process to a new strategic plan should prove useful to library administrators interested in exploring new ways to plan for uncertain futures.

Gazing Into The Crystal Ball: Using Scenarios For Future Visioning Of A Distance Learning Library Service, Anne Marie Casey, Jon E. Cawthorne, Kathleen Citro

Staff Works - Hunt Library

This article describes the use of scenarios as a tool to assist a large distance learning library service in its strategic planning. Through a description of the scenario process from beginning to end, the authors detail the steps that the library director and the consultant took initially; their missteps; and the successful conclusion. This study of the journey through the scenario process to a new strategic plan should prove useful to library administrators interested in exploring new ways to plan for uncertain futures.

Executing The Strategic Plan: Five Actions Midlevel Leaders Can Take, Daniel Jensen

Faculty Works

The article offers suggestions for executing strategic plans for organizational success. Topics discussed include determining the objectives, goals, and organizational vision, measuring specific tasks to evaluate progress against expected results, and use of SWOT analysis to determine the strengths and weaknesses of organizations.

Climbing The Mountain: An Approach To Planning And Evaluating Public-Policy Advocacy, Sam Gill, Tom Freedman

The Foundation Review

· This article proposes a new methodology for planning and evaluating public-policy advocacy. The methodology is designed around a series of stages, each with a different set of strategic planning and assessment requirements.

· The article suggests that both planning and evaluative approaches that fail to take account of the necessary stages required to develop and then implement an advocacy strategy will likely assign the wrong indicators of success.

· This analysis is based on direct experience working with both policy processes and a wide range of foundations and nonprofits that have invested in public-policy advocacy, including the Rockefeller, Ford, …

Flexibility: The Next Competitive Battle: The Manufacturing Futures Survey, Arnoud De Meyer, Jinichiro Nakane, Jeffrey M. Miller, Kasra Ferdows

Arnoud DE MEYER

Over the past 4 years research teams from INSEAD (Fontainebleau), Boston University and Waseda University (Tokyo) have administered a yearly survey on the manufacturing strategy of the large manufacturers of the three industrialized regions of the world. In this paper the results for the 1986 survey are compared. One of the most striking results of that year’s survey is the emphasis some of the more advanced manufacturers put on their efforts to overcome the trade-off between flexibility and cost efficiency. In particular for the Japanese respondents these attempts become clear. Europeans and North Americans are not yet seizing the opportunity …

Tripping And Falling Into The Future: An Eolithic Perspective, Keri Schwab

Keri Schwab

EXECUTIVE SUMMARY: Thirty years ago, Dustin and McAvoy (1984) published an essay in Environmental Ethics titled “Toward Environmental Eolithism.” The article compared and contrasted two distinct orientations to environmental planning and management: the design mentality and the eolithic mentality. The authors concluded that the more popular design mentality lacked obscure eolithic mentality was a superior orientation to environmental planning and management. Environmental Ethics and then discuss how an eolithic perspective might complement the strategic planning process. We begin by describing the similarities between strategic planning and the design mentality as well as the shortcomings of strategic planning in a rapidly …