Business Commons^™

Corn, Soybeans Or Fallow: Dynamic Farmland Allocation Under Uncertainty, Onur Boyabatli, Javad Nasiry, Yangfang (Helen) Zhou

Research Collection Lee Kong Chian School Of Business

This chapter develops a theoretical basis for understanding the trade-offs facing a farmer for allocating his farmland among several crops over multiple growing seasons. Specifically, we focus on the farmland allocation among two cash crops (corn and soybeans) and letting the farmland lay fallow to rejuvenate the soil and increase the revenue for the crop grown on this farmland in the subsequent seasons. In each growing period, the farmer chooses the allocation in the presence of revenue uncertainty for each cash crop, and crop rotation benefits across periods, where revenue is stochastically larger and farming cost is lower when a …

Strategic Learning In Practice: A Case Study Of The Kauffman Foundation, Matthew Carr, Brett Hembree, Nathan Madden

The Foundation Review

Increasingly, foundations and nonprofits are seeking to engage their staff in learning and reflection activities that assess successes and challenges, and then generate insights that can improve programs and funding strategies. Yet, despite the intuitive benefits, there are common challenges that often stand in the way of promoting strategic learning for continuous improvement.

For the past year, the Ewing Marion Kauffman Foundation has been focused on creating more systematic and intentional strategic learning across our organization. As part of this work we cultivated a select cohort of staff to be “learning champions,” created simple tools and processes that can more …

Reflective Practice For Learning From Experience: Navigating The Back Roads At Work, Jan Jaffe

The Foundation Review

What are the roadblocks that limit reflective practice in the field of philanthropy? Between the desire to move the needle on social change and the pressure to be productive, philanthropy as a field is understandably driven to focus on doing and resistant to taking time to reflect on practice. This article is designed to help foundations encourage leadership and staff to put their expertise into play as a learning strategy.

This article defines reflective practice and traces roots and research that can inform its use. It also reports on interviews with philanthropy practitioners about how they use various reflective practice …

Challenges And Opportunities In Philanthropic Organizational Learning: Reflections From Fellow Grantmakers, Jennifer Chubinski, Kelley Adcock, Susan Sprigg

The Foundation Review

As the field of philanthropy has matured, increasing attention has been paid to evaluating the impact of philanthropic investments. In recent years, the scope of evaluation has expanded to include an intentional focus on organizational learning with the goal of learning from ongoing work, informing decision-making, and ultimately improving impact.

With this momentum to carry out organizational learning strategies and share successes, the sector has not yet stopped to reflect on challenges and lessons learned in the process of building the capacity for organizational learning — the messy yet meaningful middle between a desire for learning and the implementation of …

Evaluators As Conduits And Supports For Foundation Learning, Clare Nolan, Meg Long, Debra Joy Perez

The Foundation Review

Evaluators play a critical role in supporting philanthropic learning, programming, and strategy, but evaluation and learning in philanthropy is often limited in ways that impede deeper resonance and impact.

Most philanthropic evaluation is focused on the needs of individual foundations, knowledge sharing with the broader field is limited, and foundations struggle to integrate evaluation and learning as a management tool. This article makes the case that evaluators and funders can do more to build the collective capacity of evaluators working in philanthropy in order to enhance their contributions to community change.

This article also examines the ways that evaluation in …

Front Matter

The Foundation Review

No abstract provided.

Back Matter

The Foundation Review

No abstract provided.

Editorial, Teresa R. Behrens

The Foundation Review

No abstract provided.

Full Issue #11.1

The Foundation Review

No abstract provided.

Shifting Mindsets: How Meaningful Accountability Systems Can Strengthen Foundation Learning And Improve Impact, Marc J. Holley, Marcie Parkhurst

The Foundation Review

This article explores what it looks like when a foundation attempts to integrate accountability and learning practices, and presents a framework for the unique and complementary contributions that accountability and learning can make to the work of foundations.

The article also looks at the tensions that can arise when a foundation’s internal evaluation staff attempt to design, implement, and make use of accountability systems. Specifically, it identifies three problematic perspectives that can hold foundations back from full engagement in internally driven accountability initiatives, and offers practical guidance on how to shift these mindsets to more productive practices.

It concludes by …

Building A Culture Of Learning: Teaching A Complex Organization How To Fish, Tiffany Clarke, Hallie Preskill, Abigail Stevenson, Pamela Schwartz

The Foundation Review

Many social sector organizations are looking to balance their strategic plans with an ability to respond more quickly to change as it unfolds in their communities. For many years — but gaining particular urgency in 2015 — Kaiser Permanente Community Health saw a need to better understand the progress and impact of its portfolio and use its data to adapt strategy in response to its changing context.

To increase its capacity for strategic learning, Community Health worked with FSG to develop and implement a system called Measurement and Evaluation for Learning and Outcomes. While this process was tailored to Community …

Building Principle-Based Strategic Learning: Insights From Practice, Kelci M. Price, Chera Reid, Suzanne Kennedy Leahy

The Foundation Review

Strategic learning is a powerful tool for foundations to achieve greater impact, yet foundations have struggled to create practices and behaviors that effectively support them in learning about strategy. Given that many foundations are engaged in strategic philanthropy, where they have specific conditions in the world they are trying to change, it is critical that they have the capacity to effectively learn about and improve their strategies.

This article offers three principles for strategic learning, informed by the field of strategic learning and insights from practice across three foundations. Each principle is explored in terms of what it means and …

2019-03-01 General Education Council, Morehead State University. Faculty Senate.

Faculty Senate Records

General Education Council meeting minutes for March 1, 2019.

Implementing Unbiased Decision-Making In Construction: A Lean Approach, Somik Ghosh, Michelle Robinette, Howard Tapia

The Professional Constructor

Construction project-teams are frequently faced with the task of decision-making as part of their responsibility. The positive effects of the decisions made at various stages of the projects lead to improved project performances, while negative effects can hinder the performances. The project teams take up the task of decision-making surrounded by multiple criteria, which can be arduous and clouded with subjectivity. This paper presents an approach based on the Lean principle of providing more autonomy to the project-teams and supporting collaborative and decentralized process in pursuit of unbiased decision-making. This Lean way of decision-making is formalized as Choosing by Advantage …

Attracting And Retaining Future Top Performing Employees: A Student Perspective, Julia Allen

The Professional Constructor

This essay provides insight as to how construction companies can both attract and retain top performing employees. By making the standard interview and recruiting processes more personal, construction companies can evaluate potential hires to see is they are a good fit for the company for years to come. Once employees are hired, companies then need to provide opportunities for both personal and professional growth. From personal experiences, I share the characteristics I find most important in an ideal employer and emphasize the importance of having an in-depth, genuine conversation with potential hires.

Attracting And Retaining Top Employees By Placing Proper Value On Their Contribution To The Company, Joseph Franklin Iii

The Professional Constructor

Due to an optimistic economic future, construction companies want to attract and retain the best employees to ensure company success. Because of a larger job market, employees now look for the optimal work values to be met in long-term employment opportunities. Construction companies have many challenges when attracting and retaining top employees in a growing market. Therefore; it is beneficial for employers to consider the evolving work values of employees and for these values to be promoted throughout company culture. Offering employees good value for their contribution to the company attracts and retains top employees.

Social Resources Of Mechanical Contracting Management Personnel, Blake Wentz, Sarabeth Gandara

The Professional Constructor

The construction industry in the United States is projected to grow faster than average compared to other industries through 2026. The Baby Boomer generation is leaving a significant gap in the labor force as they reach retirement. Retention of high quality management personnel is a priority for all companies in the construction industry, including mechanical contracting companies. Firms that fail to retain these employees will be left with an understaffed and underqualified workforce, which will hinder their ability to be competitive in the marketplace. In order to aid in retention efforts, mechanical contracting firms need to focus their attention on …

Essay Winners, American Institute Of Constructors

The Professional Constructor

No abstract provided.

Attracting And Retaining Future Top Performing Employees, Caleb Bardin

The Professional Constructor

The goal of this essay is to explore the key factors that influence top-performing employees’ decisions to change companies or remain with their current employers. A few of these factors are salary and benefits, work environment, and corporate advancement. This essay will address such factors and propose solutions using my own educational and professional experience. A key theme to note is the constant evaluation of employees and workplace environment by employers. No company can hope to be successful or have the best people if this skill is not enhanced and implemented well.

The Double-Edged Sword Of High Expectations: Presumptive Trust, Reflective Trust, And Satisfaction In International Joint Ventures, Gokhan Ertug, Ilya Cuypers, Niels G. Noorderhaven, Ben Bensaou

Research Collection Lee Kong Chian School Of Business

Joint ventures (JVs) are commonly used by firms to enter into foreign markets. Firms often have high expectations when forming international joint ventures (IJVs). However, IJVs pose serious challenges and many fail to deliver the expected benefits found that the executives he interviewed were not satisfied with more than half of their IJVs, which is consistent with a recent McKinsey report in which senior managers indicated that more than 40 percent of their JVs underperform compared to initial expectations. Similarly, Madhok and Tallman (1998: 326) observed that despite their popularity, collaborations between firms are “characterized by a high level of …

Selling Off-Grid Light To Liquidity Constrained Consumers, Bhavani Shanker Uppari, Ioana Popescu, Serguei Netessine

Research Collection Lee Kong Chian School Of Business

Problem definition: A large proportion of the world’s population has no access to electricity and so relies on noxious kerosene for their lighting needs. Solar-based solutions require a large up-front investment and are often unaffordable in this market owing to consumers’ tight liquidity constraints. As an alternative, there are business models relying on rechargeable light bulbs that are sold at a subsidized price (which renders them affordable) and require regular micropayments for recharges (which eases liquidity constraints). These bulbs provide a cheaper and healthier light source than kerosene, yet their adoption is lower than expected, and some consumers continue …

Executive Summaries

The Foundation Review

No abstract provided.

Optimal Social Insurance With Informal Child Care, Christine Ho

Research Collection School Of Economics

The possibility of engaging in household child care may exacerbate the incentives of parents and grandparents to falsely claim disability benefits as households also get to save on formal child care costs. This paper considers a multi-generational family model with persistence in privately observed shocks and presents an efficient implementation case for subsidizing formal child care costs of the disabled. An implementation of the optimal scheme that consists of capped formal day care subsidies, non-linear income taxation and asset-testing is proposed. Simulations based on a parametrization that targets key features of the US labor and child care markets suggest that …

The International Penetration Of Ibusiness Firms: Network Effects, Liabilities Of Outsidership And Country Clout, Liang Chen, Noman Shaheer, Jingtao Yi, Sali Li

Research Collection Lee Kong Chian School Of Business

The burgeoning of ibusiness firms in the modern digital economy challenges the received internationalization theory. Given that ibusinesses such as social networking sites create value by providing a digital platform for users to interact with one another, we employ a user-network perspective and externalization logic, suggesting that ibusinesses' internationalization process depends critically on users' collective interactions, instead of being solely driven by firms' market commitments, as noted by the Uppsala model. However, ibusinesses may suffer from liabilities of outsidership due to the boundedness of international network effects. Drawing on social network theory, we demonstrate that such liabilities can be mitigated …

Establishing An Asia-Pacific Cryptocurrency Hub, Arnat Leemakdej, Chiyachantana N. Chiraphol

Research Collection Lee Kong Chian School Of Business

Asia is leading the way in digital asset markets, but individual countries are taking markedly different paths toward regulation and management in establishing themselves as cryptocurrency hubs, balancing innovation and regulation. Investors should be vigilant about the risks associated with alternative capital-raising methods.

Specific Job Search Self-Efficacy Beliefs And Behaviors Of Unemployed Ethnic Minority Women, Greet Van Hoye, Edwin A. J. Van Hooft, Jolien Stremersch, Filip Lievens

Research Collection Lee Kong Chian School Of Business

This two‐wave field study draws from social cognitive theory to investigate the specific job search self‐efficacy beliefs and behaviors of unemployed ethnic minority women in the Netherlands. We go beyond prior job search research that predominantly used white samples and conceptualized job search self‐efficacy and behavior as global, unidimensional constructs. We found that networking self‐efficacy and Internet self‐efficacy were the main predictors of ethnic minority women’s job search behaviors. Moreover, the more time they spent on contacting employment agencies and looking at job ads the more job offers they received. Finally, time spent on job ads was more positively related …

The Differential Impact Of Interactions Outside The Organization On Employee Well-Being, Devasheesh P. Bhave, Freyr Halldórsson, Eugene Kim, Alexandru M. Lefter

Research Collection Lee Kong Chian School Of Business

We examine two different perspectives of interactions outside the organization: the relational work design perspective and the emotional labour perspective. The relational work design perspective suggests that interactions outside the organization have favourable outcomes for employees, whereas the emotional labour perspective suggests that such interactions have adverse outcomes for employees. Our goal is to reconcile findings from these two research streams. In Study 1, using data from employees working in diverse occupations, we find that interactions outside the organization have a positive indirect effect on employee well‐being via task significance, and a negative indirect effect on employee well‐being via surface …

Scaled Pca: A New Approach To Dimension Reduction, Dashan Huang, Fuwei Jiang, Guoshi Tong, Guofu Zhou

Research Collection Lee Kong Chian School Of Business

The notion that bond risk premium varies with business cycles is challenged once real time macro data are used. In this paper, we argue that the macro factors extracted by using the standard PCA are not the most relevant for forecasting bond risk premium, because the PCA factors are designed to explain the most variation of macro data instead of the variation of bond risk premium. With the latter objective in mind, we propose a scaled PCA (sPCA) approach, which incorporates the information in bond risk premium in the factor extraction procedure. The real time macro sPCA factors have much …

Do Mobile Banner Ads Increase Sales? Yes, In The Offline Channel, Ernst C. Osinga, Menno Zevenbergen, Mark W. G. Van Zuijlen

Research Collection Lee Kong Chian School Of Business

Firms allocate increasingly large budgets to mobile banner advertising. Yet, existing research paid only scant attention to the sales effects of mobile banner ads. In this paper, we fill this gap by determining the offline and online sales impact of a large-scale mobile banner advertising campaign. As part of a geographical field experiment, over 3.5 million mobile banner ads were served to a predetermined geographical area. We determine the offline and online sales effects of the mobile banner ad campaign by analyzing twenty months of sales data for regions covering the entire country of the Netherlands. Relying on a difference-in-difference …

Why Are Americans So Divided On Refugee Policy?, Shilpa Madan, Shankha Basu, Aneeta Rattan, Krishna Savani

Research Collection Lee Kong Chian School Of Business

The U.S. will resettle the lowest number of refugees in fiscal year 2019 since the Refugee Act was passed in 1980. After taking office, President Donald Trump reduced the admission limit from 110,000 in 2017 to 45,000 in 2018, and to 30,000 in 2019. The reduction is not a result of fewer refugees seeking resettlement. On the contrary, the number of people seeking resettlement is on the rise.