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Full-Text Articles in Business Law, Public Responsibility, and Ethics

Impact Of Life-Cycle Costs Threshold Criteria In The Alternate Design Pavement Bidding Practices Of Public Transportation Agencies, Ilker Karaca, Douglas Gransberg, Ashley F. Buss Aug 2019

Impact Of Life-Cycle Costs Threshold Criteria In The Alternate Design Pavement Bidding Practices Of Public Transportation Agencies, Ilker Karaca, Douglas Gransberg, Ashley F. Buss

Ilker Karaca

This paper proposes a model that enables Department of Transportation (DOT) policy makers to quantify the expected volume of projects that will qualify for letting in their alternate design/alternate bid (ADAB) pavement bidding programs. Current guidance on alternate bidding recommends a fixed percentage as the life cycle cost (LCC) threshold criterion to determine whether pavement selection decisions should be made through ADAB bidding practices. The paper’s analysis shows that the fixed LCC threshold percentage approach may have considerable shortcomings. Instead, a dynamic threshold value is proposed that can subsequently be calibrated by agencies, based on the desired size of their …


Core Competencies, Core Values And Core Compromises, Jeffrey Keisler, Edward Romar Dec 2018

Core Competencies, Core Values And Core Compromises, Jeffrey Keisler, Edward Romar

Jeffrey Keisler

To achieve success businesses enunciate values and mission, secure resources, develop capabilities, and execute strategies.  For firms to succeed, managers must make decision about what should remain, be abandoned and acquired or developed?  In the decision-making process, management often overlooks, compromises, neglects, and dismisses the firm’s history, unique industry position, and fundamental strengths in a single-minded focus on the future.  In this paper we discuss one aspect of strategy that is neglected in the literature.  Most of the literature focuses on strategy and competencies, with little focus on or awareness of its opposite, the compromises management makes as they look …