Boute, Robert; Isik, Öykü; Kleer, Robin; Muylle, Steve; Vanderheyden, Karlien; Vereecke, Ann (2019)
Everyone is talking about Industry 4.0 – from the Internet of Things, additive manufacturing and the cloud through to artificial intelligence, augmented reality and blockchain. But what does it all mean in practice? It’s not a question of if Industry 4.0 will drastically change the way we do business. It’s a question of when and how quickly. So how can you apply this technology in your business – not just to improve production and performance, but to make a difference for customers? This white paper gives you the insight you need to get ahead of the game and prepare your organisation for the fourth industrial revolution.
Van den Broeke, Maud; De Baets, Shari; Vereecke, Ann; Baecke, Philippe; Vanderheyden, Karlien; Van den Broeke, Maud; De Baets, Shari; Vereecke, Ann; Baecke, Philippe; Vanderheyden, Karlien (Elsevier, 2018)
Accurate demand forecasting is the cornerstone of a firm’s operations. The statistical system forecasts are often judgmentally adjusted by forecasters who believe their knowledge can improve the final forecasts. While empirical research on judgmental forecast adjustments has been increasing, an important aspect is under-studied: the impact of these adjustments over different time horizons. Collecting data from 8 business cases, retrieving over 307,200 forecast adjustments, this work assesses how the characteristics (e.g., size and direction) and accuracy of consecutive adjustments change over different time horizons. We find that closer to the sales point, the number of adjustments increases and adjustments become larger and more positive; and that adjustments, both close and distant from the sales point, can deteriorate the final forecast accuracy. We discuss how these insights impact operational activities, such as production planning.
Boros, Smaranda; Van Gorp, Lore; Cardoen, Brecht; Boute, Robert; Boros, Smaranda; Van Gorp, Lore; Cardoen, Brecht; Boute, Robert (2017)
In this paper we investigate how effective conflict management in conflict asymmetry situations impacts the quality of cross-functional management teams' performance. During a 5-day business simulation, we explore the consequences of the relational conflicts and conflict asymmetry experienced by team members. We use two different measures of conflict asymmetry: the traditional group conflict asymmetry measurement of Jehn (Adm Sci Q 40:256-282, 1995) and a social networks method. We find that when some team members evoke more conflict than others, this affects the evolution of team dynamics (and ultimately the performance of the team) even more than high levels of conflict altogether, however, group emotional awareness can mitigate this negative effect and improve the team performance through the appropriate use of conflict management strategies. Since group emotional awareness can be fostered and trained within teams, this is of practical value to improve the performance of cross-functional management teams.
Knockaert, Mirjam; der Foo, Maw; Erikson, Truls; Cools, Eva; Knockaert, Mirjam; der Foo, Maw; Erikson, Truls; Cools, Eva (2015)
Although academic entrepreneurship has taken place in some U.S. universities for many decades, it is only over the past few decades that there has been an increased interest by universities worldwide to engage in their third mission related to entrepreneurship and economic development. Recently, researchers studying academic entrepreneurship have increasingly focused on understanding research scientists? entrepreneurial intentions. It has however also been acknowledged that, next to understanding entrepreneurial intentions, it is important to generate insights into growth intentions. This is because growth is unlikely to be achieved if no growth intention exists. Taking a cognition and self-efficacy perspective, our study explores how cognitive styles are associated with growth intentions within a group of research scientists having entrepreneurial intentions. Our study indicates that a planning cognitive style promotes while a knowing cognitive style curbs growth intentions. Further, working experience mitigates the negative impact of a knowing style on growth intentions. Our research has practical implications and implications for technology management, academic entrepreneurship and entrepreneurial intentions literatures.
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