Recent Submissions

  • Quality and pricing decisions in production/inventory systems (Accepted)

    Jalali, Hamed; Raïsa, Carmen; Van Nieuwenhuyse, Inneke; Boute, Robert (Elsevier, 2018)
    In this article, we consider the impact of finite production capacity on the optimal quality and pricing decisions of a make-to-stock manufacturer. Products are differentiated along a quality index; depending on the price and quality levels of the products offered, customers decide to either buy a given product, or not to buy at all. We show that, assuming fixed exogenous lead times and normally distributed product demands, the optimal solution has a simple structure (this is referred to as the load-independent system). Using numerical experiments, we show that with limited production capacity (which implies load-dependent lead times) the manufacturer may have an incentive to limit the quality offered to customers, and to decrease market coverage, especially in settings where higher product quality leads to higher congestion in production. Our findings reveal that the simple solution assuming load-independent lead times is suboptimal, resulting in a profit loss; yet, this profit loss can be mitigated by constraining the system utilization when deciding on quality and price levels. Our results highlight the importance of the relationship between marketing decisions and load-dependent production lead times.
  • Hoe Coca-Cola, Netflix en Amazon leren uit hun mislukkingen

    Desmet, Lien (Nieuwe Media Groep, 2018)
    Hoe komt het dat er ineens zoveel succesvolle bedrijfsleiders zijn die hun bedrijven en collega's aansporen om meer fouten te maken en hun mislukkingen meer te omarmen?
  • How to catch a moving target in the digital world

    Viaene, Stijn (Exact Editions, 2017)
    In this article, Prof. Stijn Viaene continues to shed light on the realities that executives and business leaders must face in the digital era. In an era where customers are moving at the speed of the Internet, how does a digital leader catch them?
  • Three steps to launch new products for optimum results

    Desmet, Bram (Institute of Business Forecasting & Planning, 2017)
    The article describes the necessary steps to prepare for a successful new product launch. The steps include preparing scenario forecasts (instead of point forecasts), negotiating a flexible contract with suppliers, and quickly dropping products that are not providing enough margin.
  • Stop de meeting gekte!

    De Baets, Shari (Editions NMG SPRL, 2017)
  • Pioniers, doordrijvers, integrators & bewakers

    Van Mechelen, Sander (Editions NMG SPRL, 2017)
  • Talent: een zegen of een vloek?

    Van Mechelen, Sander (Editions NMG SPRL, 2017)
  • Waarom (en Hoe) HR meer als een marketingafdeling moet handelen

    Schoubben, Robyn (Editions NMG SPRL, 2017)
    Op dit punt, weten we allemaal dat de bedrijfscultuur een centrale rol speelt binnen bedrijven, vooral met alle digitale transformaties tegenwoordig. Dit geldt met name vooral voor de marketingafdeling, die momenteel aan zo’n halsbrekend tempo verandert dat marketing succes sterk afhankelijk is van HR om nieuwe skillsets te identificeren en op te leiden. Aan de andere kant, zou HR beroep kunnen doen op de hulp van marketeers, of op zijn minst HR-professionals die denken als marketeers. De strijd voor het beste talent is fast and furious, en in vele gevallen is het sociale web het slagveld.
  • Onboarding alleen is niet voldoende

    Vandenbroucke, Astrid (Editions NMG SPRL, 2017)
    Organisaties menen al snel dat ze goed scoren wanneer het gaat over het onboardingproces van nieuwe leidinggevenden. In realiteit loop het echter niet altijd van een leien dak. Vooral grotere bedrijven doen het relatief goed op vlak van administratieve basisproducedes, maar onboarding doet weinig tot niets wanneer die werknemers met onbekende culturele normen en verwachtingen te maken krijgen. De inspanningen die organisaties leveren voor integratie verschillen sterk en dit laat tijd, prestatie en talent management niet ongeschonden.
  • De paradox van het stretchen van doelen

    Van Steerthem, Angie (Nieuwe Media Groep BVBA, 2017)
  • Belgian high-growth monitor. What characterizes Belgian growth firms

    Dillen, Yannick; Crijns, Hans (Vlerick Business School, 2018)
    The Belgian High-Growth Monitor is an annual initiative from the Impulse Centre ‘Growth Management for Medium-sized Entreprises’ (iGMO) of Vlerick Business School, in cooperation with EY and KBC. The report presents the state of affairs of Belgian high-growth firms by giving an overview of their profile characteristics. In addition, the results of a survey with Belgian growth entrepreneurs are presented.
  • The batteries of change. Is your organisation energised for change

    De Prins, Peter; Letens, Geert; Verweire, Kurt (2018)
    This white paper by Prof Peter De Prins, Prof Geert Letens and Prof Kurt Verweire sets out a new change model and outlines how you can use it to make lasting, effective change happen in your organisation.
  • Future-proof tariff design: Recovering sunk grid costs in a world where consumers are pushing back

    Schittekatte, Tim; Momber, Ilan; Meeus, Leonardo (2017)
    Traditional analysis of distribution grid user’s reaction to tariffs assumes a low price sensitivity and a lack of alternative technologies to grid connection. This is radically changing with two technology breakthroughs: (1) Photovoltaics (PV) enable domestic and commercial consumers to self-produce energy; (2) Batteries allow self-producers to set both their grid energy and capacity parameters. Contributing to the state of the art, the grid cost recovery problem is modelled as a non-cooperative game between consumers. In this game, the availability and costs of new technologies (such as PV and batteries) strategically interact with tariff structures. Four states of the world for user’s access to new technologies are distinguished and three tariff structures are evaluated. The assessed distribution network tariff structures are: energy volumetric charges with net-metering, energy volumetric charges for both injection and withdrawal, and capacity-based charges. Results show that the new distribution world -open by new technology choices for grid users- is highly interactive and threatens grid regulation not understanding it.
  • Assessment of cost-benefit analysis for offshore electricity infrastructure development

    Bhagwat, Pradyumna; Schittekatte, Tim; Keyaerts, Nico; Meeus, Leonardo (2017)
    The application of cost-benefit analysis (CBA) for offshore electricity infrastructure projects with a pan-European impact is discussed. An analytical framework for the evaluation of CBA methodologies is presented. The framework is then applied to assess the CBAs of three offshore infrastructure projects (EWIC, COBRAcable and ISLES). Overall, the CBAs assessed already comply with several dimensions of the analytical framework. However, based on this assessment it is found that scope for improvement in quality exists in three areas namely, in considering project interactions, in dealing with uncertainty and in making the results between CBAs comparable by ensuring full monetisation. Furthermore, the research also confirms the view that a common harmonised CBA methodology is essential for selection of PCIs.
  • DSO-TSO cooperation issues & solutions for distribution grid congestion management

    Hadush, Samson; Meeus, Leonardo (2017)
    The role of DSOs is evolving due to the increasing penetration of intermittent and distributed energy resources in the distribution system. On the one hand, TSOs are accessing flexibility resources connected to the distribution grid. On the other hand, DSOs are actively managing distribution grid congestion, moving away from the conventional fit and forget approach. As a result, the need for DSO-TSO cooperation has become increasingly important. In this study, we first discuss market and grid operation issues related to different system states and the corresponding congestion management approaches. Second, we discuss possible solutions that are inspired by inter-TSO cooperation solutions as well as solutions that are being adopted by DSOs. Our findings show that the issues are rather similar both at transmission and distribution level; however, the need for cooperation and the solutions will depend on where structural congestion will occur and which borders will be managed.
  • Electricity network regulation in the EU : The challenges ahead‎ for transmission and distribution

    Unknown author (Edward Elgar, 2018)
    The UK model of incentive regulation of power grids was at one time the most advanced, and elements of it were adopted throughout the EU. This model worked well, particularly in the context of limited investment and innovation, a single and strong regulatory authority, and limited coordination between foreign grid operators. This enlightening book shows that since 2010 the whole context has changed and regulation has had to catch-up and evolve. The EU is entering a wave of investment, and an era of new services and innovation which has created growing tensions between national regulatory authorities in terms of coordinating technical standards and distribution systems. This is being played out against an increasingly disruptive backdrop of digitzation, new market platforms and novel business models.
  • The Career Perspective of Graduates. Update 2017

    Defever, Emmy; Vandenbroucke, Astrid; Dewettinck, Koen; Buyens, Dirk (The Centre for Excellence in Strategic Talent Management of Vlerick Business School, 2017)
    Graduates are an essential part of the workforce. The inflow of graduates in the European labour market is about 4,7 million each year (Eurostat, 2014, 2015). The challenge for companies is how to attract and retain the most talented graduates.

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