rit management update august 2014 (1)

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MANAGEMENT UPDATE MANAGEMENT UPDATE A Monthly RIT Central Library, Service A Monthly RIT Central Library, Service August 2014 August 2014 1

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Page 1: Rit management update august 2014 (1)

MANAGEMENTMANAGEMENT UPDATEUPDATE

A Monthly RIT Central Library, ServiceA Monthly RIT Central Library, Service

August 2014August 2014

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LeadershipBerkovich IzhakBetween Person and Person: Dialogical Pedagogy in Authentic  Leadership Development.Academy of Management Learning & Education. Jun2014, Vol. 13 Issue 2, Pg. 245-264

This paper is a critique of the dominant functionalist discourse in authentic leadership theory, which shapes the manner in which we perceive authentic leadership development. As an alternative, I offer adopting dialogical philosophy as a theoretical lens for conceptualizing authentic leadership development. Drawing on various dialogical communication works, I explore how dialogical pedagogy can be used to improve authentic leadership development. I suggest eight components of dialogical pedagogy that can be adopted in authentic leadership development: self-exposure, open-mindedness, empathy, care, respect, critical thinking, contact, and mutuality. The advantages, limitations, and implications of dialogical pedagogy for authentic leadership development are then discussed.

Fadia, AlpeshSelf-leadership.Leadership Excellence.Aug2014, Vol. 31 Issue 8, Pg. 10-11.

The article discusses the role of self-leadership and the effect of a foundation of personal leaders. Topics include the role of self-awareness in effective leadership, the effect of self evaluation and review on one's leadership skills, details on the effect of improvement plans on organizations, and details

on the implications for the future development of leadership.The subject of developing leaders has always been a critical one. Today, creating high-quality public leaders has never been as paramount in its importance and widespread as it is now. Given that 202 million individuals were unemployed globally by the end of 2013 and $38 trillion were lost in the economic crisis, people’s continuing decline in the confidence of our public leaders is neither an accident nor a surprise

Marketing

Aaker DavidThe Five Biggest Ideas of the Branding Era.Marketing News. Jul2014, Vol. 48 Issue 7, Pg. 22-23.

The article presents a list of ideas associated with brand equity, brand marketing, and the management of brands. The list includes the effect of the strategic values of brands, the role of strategy, flexibility, and multidimensionality in brand visions, and the importance of customers' interests in marketing.

The concept of brand equity and the science and practice of building and managing brands strategically have now been with us for more than a quarter century. Taking stock, what are the most powerful and impactful ideas that have emerged during that time?

Wyner GordonThe ‘Why’ Question.Marketing News. Aug2014, Vol. 48 Issue 8, Pg. 14-15.

The article discusses whether it is necessary for marketers to

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understand why consumers behave the way they do, or whether behavioral information on consumers' actions is sufficient. Topics include direct marketing versus mass marketing; return on investment calculations; and strategic decisions relating to brand direction. The article also discusses how to measure the effectiveness of marketing.

Marketing practitioners are divided on whether t’s necessary to understand why consumers behave the way that they do. One view is that understanding “why” enables marketers to develop appealing offers and messages to best match consumer needs. The alternative view is that “why” doesn’t matter when determining the effectiveness of marketing and ROI. Behavioral information is what’s required.

Creativity and InnovationThoreson KarenBurnett Sallie AnnInnovation is allowed . Public ManagementAug2014, Vol. 96 Issue 7, Pg.23-24

The article focuses on the success of five city managers in the U.S. in motivating employees to obtain innovative goals. Palm Coast, Florida's City Manager Jim Landon used a cross-disciplinary approach during a budget crisis. Durham, North Carolina City Manager Tom Bonfield implemented the Culture of Service program to promote innovation and creativity. Olathe, Kansas City Manager J. Michael Wilkes used several strategies including behavior-based job interviews.

Over the past six years, the Alliance for Innovation and the Arizona State University have studied the characteristics that distinguish innovative, high-performing local governments. A key question has

been: How can we promote these qualities to local governments that want to enhance their organizational culture and sustain innovation over the long term? Six key qualities have been identified and curriculum has been developed to help organizations develop these qualities in local government organizations (http: //transformgov. org/wiki/ six_qualities_linked_to_innovation). The most frequently asked question by local government professionals has been: “If we can only focus on one characteristic or element that is within our control, what should that be?”

Russell, DanielCreating a Climate for   Innovation . Leadership Excellence. Jul2014, Vol. 31 Issue 7, Pg.25-26.

The article presents a list of ten work environment factors that affect creative performance and innovation in business. Topics include the role of leaders in increasing innovation effectiveness, the effect of a climate of trust and safety, the effect of the encouragement of flexibility and risk-taking, and the effect of employee autonomy.

Rapid technological change, increasing global competition, and economic uncertainty all contribute to companies’ increasing interest on creativity and innovation. Companies need to be able to generate new ideas to fuel growth. At the same time, they need to be able to increase both the effectiveness and efficiency of the innovation process. However, it is very difficult to generate high quality innovation and see it through to implementation. Still, there is a great deal that business leaders can do to improve innovation effectiveness and efficiency. One way leaders can increase innovation

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StrategyEnrico Bonetti ,Barbara MasielloAttracting R&D foreign direct investment through an evolutionary model of place marketing. The case of Ireland.International Journal of Management Cases. 2014, Vol. 16 Issue 4, p4-17. 14p.

Recently, most of the national and local governments are increasingly competing to attract in their territories foreign direct investments (FDIs) in R&D, wishing to get the multiple benefits associated to them. Indeed, the expanding internationalization of business R&D and high-tech activity opens important opportunities and challenges for the policy agenda. In such a scenario, this paper analyses the successful case of Ireland, which has gained notoriety on an international level by implementing an intended and effective marketing strategy finalized at intercepting the international cross-boarder flows of high-tech and R&D investments. The results of our case study's analysis allow us to propose a twos-tages model of place marketing for policy makers, who aim at positively influencing both the attractiveness of the location for inward investments and the benefits accruing to the local economy. According to our model, in each of the two stages, policy makers should set different objectives (first, attraction and then, embeddedness), target at different market segments and use a different set of operational tools. This work presents both theoretical and practical implications. From a theoretical point of view, it represents a first attempt to analyse systematically the topic of the attraction of R&D FDIs in terms of marketing options available to policy makers. By taking the policy maker's perspective, this work contributes to extant literature by shedding light

on a side of the topic almost overlooked by previous studies. As to the practical implications, the results of this work give policy makers suggestions for choosing the marketing policy that is more appropriate to pursue the attraction, and subsequently, the embeddedness of R&D FDIs in their territories.

Eric N. JohnsonPhilip M. J. ReckersGeoffrey D. BartlettInfluences of Timeline and Perceived   Strategy   Effective ness on Balanced Scorecard Performance Evaluation Judgments.Journal of Management Accounting Research. 2014, Vol. 26 Issue 1, Pg. 165-184

This study examines evaluator ratings of subordinate performance in implementing a new corporate strategy in a Balanced Scorecard environment. We focus on two factors predicted to influence strategic performance judgments: (1) the presence or absence of an explicit timeline for strategy implementation, and (2) the evaluator's perceptions of the effectiveness of the new strategy. One hundred eleven M.B.A. students averaging over eight years of work experience participated in the study. Consistent with predictions, we find that (1) absence of an implementation timeline was associated with fixation on lagging financial performance measures outside of the subordinate's time span of control, and (2) evaluator perceptions of the strategy's effectiveness were positively associated with evaluations of strategy-congruent performance. These results extend prior research by highlighting the importance of the time dimension and perceptions of strategy effectiveness in performance judgments. Implications for future research in strategic performance evaluation are discussed.

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Information and Knowledge ManagementTariq Khan, MuhammadEffects of Education and Training on "Human Capital - And Effects of Human Capital on Economic Activity (A Literature Based Research).International Journal of  Information , Business &  Management . Aug2014, Vol. 6 Issue 3, Pg. 90-105.

Human capitals refer to processes relating to education, training, and other professional initiatives for increasing the levels of knowledge, skills, abilities, values, and social assets of employees, leading to satisfaction and performance of the employees, and eventually increasing economic activity. This paper is focused on discussing the effects of education and training in building human capital and effects of human capital in economic growth. According to Bassanini & Scarpetta (2002) in the recent growth literature the accumulation of human capital has gained a central role. Marimuthu et al (2009) expressed that ‘Human Capital’ with increasing globalization and the saturation of the job market is getting wider attention especially due to the recent downturn in the various world economies. All the countries emphasize on a more human capital development by devoting necessary efforts and time to accelerate the economic growth. Thus to enter the international arena one of the fundamental solutions is human capital development. Firms must develop human capital by investing necessary resources, which tend to have a great impact on performance and, firm performance is viewed in terms of financial and non-financial performance. Marimuthu et al (2009)

revealed that human capitals refer to processes relating to education, training, and other professional initiatives for increasing the levels of knowledge, skills, abilities, values, and social assets of employees,leading to satisfaction and performance of the employees, and eventually increasing firm performance. Marimuthu et al (2009) also narrated that most firms in response to the changes, have embraced the notion of human capital that has a good competitive advantage and will enhance higher performance. Human capital development becomes a part of an overall effort to achieve cost-effective and firm performance. Hence, firms need to understand human capital that would improve performance, enhancing satisfaction of employee. Although there is a broad assumption that human capital has positive effects on performance of the firms, the notion of performance for human capital remains largely untested. Alani, & Isola (2009) considered human capital as human beings possessing skills, knowledge and attitudes, utilized in the production process and believed it the most important factor of production, and the most active catalyst of economic growth and development.

Dubravka Cecez-KecmanovicKarlheinz Kautz , Rebecca AbrahallReframing Success And Failure of   Information S ystems:A Performative Perspective.MIS Quarterly. Jun2014, Vol. 38 Issue 2, Pg. 561-588The paper questions common assumptions in the dominant representational framings of information systems success and failure and proposes a performative perspective that conceives IS success and failure as relational effects performed by sociomaterial practices of IS project actor-networks of developers, managers, technologies, project

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documents, methodologies, and other actors. Drawing from a controversial case of a highly innovative information system in an insurance company-considered a success and failure at the same time- the paper reveals the inherent indeterminacy of IS success and failure and describes the mechanisms by which success and failure become performed and thus determined by sociomaterial practices. This is explained by exposing ontological politics in the reconfiguration and decomposition of the IS project actor-network and the emergence of different agencies of assessment that performed both different IS realities and competing IS assessments. The analysis shows that the IS project and the implemented system as objects of assessment are not given and fixed, but are performed by the agencies of assessment together with the assessment outcomes of success and failure. The paper demonstrates that by reframing IS success and failure, the performative perspective provides some novel and surprising insights that have a potential to change conversations on IS assessments in both the IS literature and IS practice.

TechnologyMillman, ReneHow To Use Defence In Depth To Secure Endpoint Machines.Computer Weekly. 8/5/2014, Pg. 14-16.

The article discusses computer, network and device security, highlighting common holes in information technology departments' security protocols. Topics include endpoint security systems beyond anti-malware software; the difficulty of securing bring your own device (BYOD) environments due to the creation of different platforms; and security

aspects such as device patching and configuration, and device control.

Arguably the most important task of any endpoint security system is to protect against malware. However, these products are less effective as attackers develop increasingly novel ways of sidelining device security. The accuracy of antimalware technology has noticeably improved over the years but, at heart, only a few applications’ behaviours are profiled, typically the the most used ones – Microsoft Office, Java, Adobe Acrobat, Flash and browsers. Any odd behaviour exhibited by these applications can be picked up by an agent and this will deal with a threat by blocking unauthorised behaviour. Admittedly, this covers a lot of ground in the workaday use of a device, but it is clearly not apanacea – an intruder could easily attack less obvious applications on the device instead. Endpoint security is not just about detecting and eradicating malware, it is also about making sure these devices are properly patched, configured and controlled to reduce the attack surface as much as possible. Endpoint agents need to work with patch management systems to ensure that, as soon as patches are tested by an organisation, they can be rolled out to devices, which should be configured for use on the infrastructure according to rules defined by the IT department.

Collins,Matt ,Williams, Leon  A Three-Stage Filter for Effective Technology Selection.Research Technology Management. May/Jun2014, Vol. 57 Issue 3, Pg. 36-42.

Selecting the right technology for a given application is critical to the future of any enterprise. Companies invest billions of dollars each year in new technologies intended to provide competitive advantage. While there have been many attempts to rationalize the

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technology selection process, most are not sufficiently focused on the technology itself and many processes simply add a layer of complexity to an already difficult process. We have developed a three-stage technology selection tool that provides a framework and a simple risk-managed process for evaluating and selecting new technologies. The tool provides a powerful visual aid to help clarify key attributes of various technologies and the decisions related to their adoption, illustrating for both team members and senior management the decision-making processes engaged by technologists and project managers in considering new technologies. The three-stage filter was tested during a new product development project for a leading multinational company seeking smart material technologies to drive strategic innovation. [ABSTRACT FROM AUTHOR]

Training & DevelopmentAnne HoulihanEmpower your employees to make smart decisionsSupervision. Sep2014, Vol. 75 Issue 9, Pg.12-14.

The article discusses the benefits of a business's ability to empower their employees to make decisions that align with the company's mission and values. Topics include the role of establishing decision making parameters for employees, the effect of leaders' training sessions on employees, details on the understanding of the value of customers, and the effect of employee rewards.

Most company leaders say they want an organization filled with great decision makers; however, the reality is that the majority of employees are not empowered to make decisions. Instead, the company policy and/ or culture

make decision making a multi-layer process that requires forms, documentation, and numerous signatures. As a result, few decisions get made, and those decisions that do get made are typically slow to transpire.

Steve Barkley ,Terri BiancoLearning experts examine shortfalls of on-site and online trainingSupervision. Sep2014, Vol. 75 Issue 9, Pg. 24-26.

The article presents advice for companies' practice of training employees focusing on the need for training to be learned-centered. Topics include the effect of training methods on employee morale and retention, the role of efficiency in training, the role of brain-based training techniques, and details on the different ways in which adults learn.

Learning is as natural as breathing. In the senses alone, the brain picks up over 50,000 bits of information per second, processes them and makes decisions. So if the brain is constantly absorbing data, why does learning seem so difficult at times? Why do some people learn quicker than others? And why can’t we remember what we learn, particularly if we’ve just been trained? Why doesn’t the training stick?The fundamental f law in traditional training is that trainers teach what they want to train ratherthan what the person wants to learn. Brain research shows that unless there is relevance, meaning and emotion attached to what is being taught, the learner will not learn.Period.

FinanceMutsune, Tony

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No Kenyan Left Behind: The Model Of Financial Inclusion Through Mobile Banking.Review of Business &  Finance   Studies. 2015, Vol. 6 Issue 1, Pg. 35-42

The importance of widespread access to suitable financial services for the populace in fostering economic vitality is well recognized. Regrettably, much of the developing world experiences a relative scarcity of crucial financial services in rural and semi-urban areas. With estimated mobile devise ownership at over 700 million in Africa, innovative banking solutions such as mobile banking offer potential channels to advance the access frontier in the banking industry. This study examines Kenya's highly successful money transfer model, M-pesa, in an effort to explore the nature and role of financial inclusiveness in stimulating economic activity. M-pesa allows ordinary Kenyans to send money across the country cheaply and reliably using mobile devises. As such, the stage appears set for a mass adoption by similarly situated countries in the region that are keen to enhance their financial services. Understanding the nature and role of economic dynamism dispensed through financial inclusiveness can be useful for policy prescription and future studies, among other things. To this end, we borrow from a combination of the ideas of velocity circulation of money and a simple diffusion model to develop a framework for empirical study.

Chittedi, Krishna ReddyGlobal   F inancial   C risis And Contagion: Evidence For The 'Bric' Economies.Journal of Developing Areas. Fall 2014, Vol. 48 Issue 4, Pg. 243-264.

The present study examined the effects of contagion from the developed markets (The US, the UK, and Japan) to the BRIC

stock markets during the period of Jan 1996 to July 2011 using daily data. It applied Dynamic Condition Correlations (DCC) model and Asymmetric Generalized Dynamic Conditional Correlation (AG-DCC) approach to capture the effects of contagion originated from developed countries. Stock market indices are observed to display a persistent and high correlation between them during and after high volatility periods. Evidence on contagion implies that diversification sought by investing in multiplemarkets from different regional blocks is likely to be lower when it is most desirable. As a result, an investment strategy focused solely on international diversification seems not to work in practice during turmoil periods. Since countries and financial markets react differently to sovereign shocks, stocks from different emerging economies could provide advantages over debt-only or equity-only portfolios. GlobalizationKhan, Mohammad IftekharBanerji, l. AmitA Study of Drivers, Impact, And Pattern of Foreign Direct Investment In India . Journal of Developing Areas. Fall2014, Vol. 48 Issue 4, Pg. 327-348Till 1991, there was excessive control of Government over economy with inward looking policies leading to over protection of economy leading to deterioration of trade, economic growth and large fiscal deficits financed by external borrowings. Foreign currency reserves plummeted to very low levels. Since then India has seen a steady set of reforms in LPG mode with foreign investment playing important role. In this study data has been obtained from secondary sources, mainly government and global bodies. Literature cited has been taken with reference to India or generic in nature and problems identified. Policies needed for attracting FDI are not very different from those required for domestic investors. Preferential for FDI may act as an extra incentive. Foreign

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Portfolio investment is contingent upon returns expected from capital market and home country issues. Foreign direct investment has slowly moved from manufacturing to service sector probably because of easy entry and exit conditions as well as leveraging labour arbitrage. In this study we have reviewed papers on determinants, patterns and impact of FDI and FII/FPI on Indian economy for the period 1991-2012 and attempted to find out interrelation between FDI and FII/FPIinflows.

Pervaiz, M.Zafar, F.Strategic Management Approach to Deal with Mergers in the era of   Globalization .   Int.Jr. of Inf., Business & Management. Aug2014, Vol. 6 Issue 3, Pg. 170-181.

In this paper we have discussed the strategic implications when

undergoing a merger in the globalized world. Business Mergers in the corporate world are achieving increasing significance and attention especially in the advent of extreme globalization. This is obvious from the magnitude and growth of deal values and resultant 'mega-mergers' transacted in recent times. On the global stage, competitive advantages are gained by creating, transferring and exploiting capabilities across operations and locations internationally. In result, companies are redesigning their strategies to focus on core businesses, yet with a global scope. This paper also outlines the role of corporation's strategic management in making strategies for dealing with mergers on the global stage. Impact of corporate culture on mergers has been examined as it is the most important success factor of a merger. Statistical evidence has been reviewed to know about the latest trend of mergers.

Know your library Resources Total Books In RIT Central Library : (70558 Engineering

and Management) Titles: 19658 Text Books : 62378 Reference Books : 8180 E-Books : 1705 CD : 1347 Journals & Magazines : 133 E-Journals : Full Text 6670 , Indexed 17738 RIT Library Holds ( 8924 Books & 30 Journals ) for MBA

Dept. E-resources for MBA : EBSCO & J-Gate

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Must Know : ISSN ISSN is a worldwide identification number used by publishers, suppliers, libraries, information services, bar coding systems, union catalogues, etc. for citation and retrieval of serials such as journals, newspapers, newsletters, directories, yearbooks, annual reports & monograph series, etc.. The benefits include

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international publicity and recognition of the serial by automatic inclusion in the International Serials Directories.

ISSN International Centre is a network with its Headquarters at Paris and National Institute of Science Communication and Information Resources (NISCAIR) is the national centre of ISSN international centre for assigning ISSN to serials published in India.

 Who can obtain ISSN?

Any new serial print or electronic, whose first issue is yet to be brought out.

An existing serial publication which does not have ISSN. Changed serial title(s) whose old titles had already an

ISSN.

 How to obtain ISSN?

One can obtain ISSN by applying through filled datasheet, downloadable from NISCAIR Website www.niscair.res.in/Downloadables/Serial data sheet.doc  or www.niscair.res.in/Downloadables/Serial data sheet.pdf   on along with a specimen copy of the serial  in case of print version or a copy of home page in case of online version to Head, National Science Library, National Institute of Science Communication and Information Resources (NISCAIR), 14 - Satsang Vihar Marg, New Delhi -110 067. Obtaining ISSN is FREE of COST.

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The Full Text articles can be download by loging to EBSCO Database through

http://172.22.26.65/digilab.html

Compiled By RIT Central Library

Management update is a MonthlyRIT Central Library Service for Students & faculties of

Management

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THE RIT CENTRAL LIBRARY SERVICE