Now showing items 1-20 of 6050

    • Dating insurtech startups

      Cumps, Bjorn (Wiley, 2018)
      Love is all around in the world of InsurTech today. Both large corporates and startups have observed and learned from what happened and is still happening in FinTech: disruptive innovation does not necessarily equal "bye bye traditional insurance companies". Not all large corporate insurance companies will disappear and startups will not rule the insurance world.
    • Payments: Refurbish or rebuild

      Slagmulder, Regine; Cumps, Bjorn; Dillen, Yannick (Henry Stewart Publications, 2018)
      The payments industry is facing its most radical change in decades. This is due to at least four change drivers — increased regulation, changing customer behaviour, technological innovation and new entrants. The sector faces increased competition from large established tech companies and small FinTech start-ups that are moving into the payments space. Based on the authors’ work with companies in the financial services industry and expert interviews, this paper identifies two distinct types of trends: those enhancing the existing payments system and those trying to build a completely new system. It is clear that a lot of the innovations focus on disintermediating the incumbent organisations. But how can these organisations best address these changes? Building on previous research the authors discuss four crucial capabilities for incumbents to master in an increasingly turbulent environment like the payments sector — designing superior customer experiences, setting up data-driven infrastructures, building multiparty collaborations and providing platform-based solutions. It is impossible for organisations to predict what will happen, but they will be better prepared for the road ahead by investing in these four capabilities.
    • Inferring comprehensible business/ICT alignment rules

      Cumps, Bjorn; Martens, David; De Backer, Manu; Haesen, Raf; Viaene, Stijn; Dedene, Guido; Baesens, Bart; Snoeck, Monique (Elsevier, 2009)
      We inferred business rules for business/ICT alignment by applying a novel rule induction algorithm on a data set containing rich alignment information polled from 641 organisations in 7 European countries. The alignment rule set was created using AntMiner+, a rule induction technique with a reputation of inducing accurate, comprehensible, and intuitive predictive models from data. Our data set consisted of 18 alignment practices distilled from an analysis of relevant publications and validated by a Delphi panel of experts. The goal of our study was to describe practical guidelines for managers in obtaining better alignment of ICT investments with business requirements. Our obtained rule set showed the multi-disciplinary nature of B/ICT alignment. We discuss implication of the alignment rules for practitioners.
    • New directions in entrepreneurial finance (Accepted)

      Cumming, Douglas; Deloof, Marc; Manigart, Sophie; Wright, Mike (Elsevier, 2019)
    • Corporate finance

      Deloof, Marc; Manigart, Sophie; Ooghe, Hubert; Van Hulle, Cynthia (Intersentia, 2019)
      This textbook on Corporate Finance deals with the different sources of funding and the capital structure of corporations (excluding financial institutions), the decisions that managers can take to increase enterprise value as well as the tools and analysis used to allocate financial resources. The authors link theoretical insight to practical cases. The objectives and functions of corporate finance are discussed in an introductory chapter. The following chapters cover: fundamental financial valuation principles, investment analysis and the minimum investment return requirement, capital structure and dividend policy, long-term and medium-term financing, working capital as well as some specific financial topics such as valuation of companies, international financial policy, financing of growth companies, mergers and acquisitions, etc. While written for students, this book is also appealing to financial professionals such as financial directors, credit rating agencies, corporate managers in financial institutions as well as accountants and auditors.
    • Organisation multimedial: Zum polyphonen Programm der nächsten Organisation

      Unknown author (Carl-Auer Verlag GmbH, 2010)
      Die Zeiten, in denen Computer nur eine Funktion hatten, sind vorbei: Heutige Computer sind Kommunikationsmittel, Zeitnehmer, Kalender, Musikinstrument und -abspielgerät, Notizblock, Ablagesystem, Spielzeug, Wettervorhersage und Visitenkarte in einem. Die Organisation der Computergesellschaft scheint diese Entwicklung bislang verschlafen zu haben, kultiviert sie doch unbeirrt das Selbstverständnis der monofunktionalen Expertenorganisation: Bank? Wirtschaft! Partei? Politik! Schule? Bildung! An der Schwelle zur nächsten Gesellschaft entlarvt sich dieses Denken endgültig als alltagstheoretischer Kurzschluss: Die Bank ist längst auch Kunstmäzen, die Kirche Machtfaktor, die politische Verwaltung muss sich wirtschaftlich rechnen, und die Universität bekommt in aller Öffentlichkeit ihre „third mission“ übertragen. So zeigen die Beiträge des vorliegenden Bandes: Auch die Organisation der nächsten Gesellschaft ist multimedial. Und sie fragen, was das für ihre Identität bedeutet.
    • Comparative and combined effectiveness of innovative therapies in cancer: A literature review (Published Online)

      Geldof, Tine; Rawal, Smita; Van Dyck, Walter; Huys, Isabelle (Future Medicine Ltd, 2019)
      To achieve therapeutic innovation in oncology, already expensive novel medicines are often concomitantly combined to potentially enhance effectiveness. While this aggravates the pricing problem, comparing effectiveness of novel yet expensive (concomitant) treatments is much needed for healthcare decision-making to deliver effective but affordable treatments. This study reviewed published clinical trials and real-world studies of targeted and immune therapies. In total, 48 studies compared and/or combined multiple novel products on breast, colorectal, lung and melanoma cancers. To a great extent, products evaluated in each study were owned by one manufacturer. However, cross-manufacturer assessments are also needed. Next to costs and intensive market competition, the absence of a regulatory framework enforcing real-world multiproduct studies prevents these from being conducted. Trusted third parties could facilitate such real-world studies, for which appropriate and efficient data access is needed.
    • Why some are more equal: Family firm heterogeneity and the effect on management’s attention to CSR (Published Online)

      Fehre, Kerstin; Weber, Florian (Wiley, 2019)
      Research at the family firm–Corporate Social Responsibility (CSR) nexus lacks agreement about whether family firms are more or less socially responsible than their non‐family counterparts, which leads discussion relating to the bright and dark side of socioemotional wealth (SEW). We add to this ongoing debate in two different ways. First, we build on family firm heterogeneity and argue for a gray side to SEW, located between the bright and dark sides that is dependent upon the kind of family firm ownership. Second, we assume that prior research on a diverse set of CSR behaviors may, to some extent, explain the contradicting results; thus, we propose going back a step and focusing on management’s attention to CSR as an important antecedent of CSR behavior. By analyzing the letters to the shareholders of German HDAX firms from 2003 to 2012, this study finds that family ownership positively affects management’s attention to CSR, mainly driven by founders and family foundations. The research adds to our understanding of the family firm–CSR nexus by scrutinizing the role SEW plays in management’s attention to CSR when it comes to family firm heterogeneity.
    • The performance of acquisitions by high default risk bidders (Accepted)

      Bruyland, Evy; Lasfer, Meziane; De Maeseneire, Wouter; Song, Wei (Elsevier, 2019)
      We investigate the takeover strategies of high default risk acquirers and their value impact. We find that these bidders select bigger, less profitable and unrelated targets, pursue transactions during recessions, and pay with shares by offering target shareholders high premiums. Their long-term buy-and-hold returns are extremely negative, and reflect fundamentally their substantial drop in profitability combined with high leverage. We show that the well-established long-run under performance of acquiring firms is largely driven by this sub-set of acquirers. The results are similar when we use alternative measures of default risk and performance, and a global sample of non-US bidders.
    • Alliander: Power to the people (C)

      Debruyne, Marion; Meeus, Leonardo; Hadush, Samson Yemane (2017)
      This is part of a case series. The aim of this three part teaching case is to stimulate discussion on how companies can adopt new business models to survive sector-wide transitions by taking the perspective of energy network companies which often operate under a highly regulated environment.
    • Alliander: Power to the people (B)

      Debruyne, Marion; Meeus, Leonardo; Hadush, Samson Yemane (2017)
      This is part of a case series. The aim of this three part teaching case is to stimulate discussion on how companies can adopt new business models to survive sector-wide transitions by taking the perspective of energy network companies which often operate under a highly regulated environment.
    • Customer innovation: Delivering a customer-led strategy for sustainable growth

      Debruyne, Marion; Tackx, Koen (Kogan Page, 2019)
      Many organizations approach customer-centic marketing and innovating their business strategy in isolation to one another, missing groundbreaking opportunities for advancement. Customer Innovation, second edition, turns this on its head by starting with the customer, innovating around their needs, then building a customer led business strategy around it. It presents a well-constructed three-by-three formula of connect, convert, collaborate, laying the foundations for innovation and change, to improve the current customer journey and expand into new customer horizons. This enables new product and service development to flow with outstanding efficiency and substantial growth. Customer Innovation, second edition, includes exciting updates around co-creation and the benefits of involving customers, stakeholders and employees from the beginning. It provides guidance on using technology to reinvent traditional business models, with consumer needs at the heart. With a spectacular range of case studies, including Disney, LEGO and Johnson & Johnson, all delivered with active takeaways, this is the ultimate handbook for any leader, business or marketing strategist, ready to pave the way in a new era of customer led strategy.
    • Managing cost and earned value

      Vanhoucke, Mario (Gower Publishing, 2014)
      This Handbook was the first APM Body of Knowledge Approved title for the Association for Project Management. Over the course of five editions, Gower Handbook of Project Management has become the definitive desk reference for project management practitioners. The Handbook gives an introduction to, and overview of, the essential knowledge required for managing projects.
    • Adding value and HRM practice: evidence-based HR

      Buyens, Dirk; Verbrigghe, Jasmijn (Springer, 2015)
      We argue that although HR has a lot of tools and practices, it still lacks an overarching decision science that defines how organizations can obtain strategic success through their human resources. In order to support companies’ informed HRM decision-making, we recommend establishing a tradition of evidencebased HR practices. Evidence-based HR is a family of practices, combining research evidence with contextual information and individual judgment of HR professionals as essential sources of information. After having reviewed implications for HR practice from scholarly work, economic and societal trends as well as business tools from other managerial domains, we discuss the potential of Talentship as an evidence-based decision science and as a first step towards a general way of thinking to support HR decisions. As such, we believe the present chapter provides a significant contribution to the insights of practitioners and scholars into the further development towards evidencebased HR.
    • E-business strategy: How companies are shaping their manufacturing and supply chain through the internet. A review and outlook

      Vereecke, Ann; Kalchschmidt, Matteo (Springer, 2016)
      The original paper investigated, on a large sample of manufacturing firms, the adoption of Internet-based tools to support supply chain processes. Four strategies are identified, according to the level of adoption of e-commerce, e-procurement and e-operations. The four strategies are subsequently analysed according to contingent factors and supply chain integration mechanisms. Results show a clear relationship between the use of Internet-based tools and the adoption of integration mechanisms. The commentary shows that the paper has been widely cited in both operations, supply chain and ICT literature, recognizing its seminal contribution to the analysis of the impact of Internet technologies on supply chain processes, their relations with supply chain integration and their impact on performance. The research directions suggested in the original papers are discussed analyzing the subsequent literature, including the replication studies performed by the original authors. The importance of investigating emerging topics, as well as observing their evolution over time, is highlighted.
    • Customers the day after tomorrow. Hoe trek je klanten aan in een wereld van AI, bots en automatisering.

      Van Belleghem, Steven (LannooCampus, 2017)
      Hoe je automatisering en artificiële intelligentie omzet in klantvoordelen We belanden stilaan in de derde fase van digitalisering: de fase van verregaande automatisering en artificiële intelligentie. Die verschuiving zal de relatie tussen bedrijven en klanten radicaal veranderen. Willen bedrijven klantgericht blijven, dan moeten ze op zoek naar aangepaste klantenstrategieën. Dit boek gidst je door de nieuwste fase van digitalisering en reikt je de mindset aan om in de 'Day After Tomorrow' je bedrijf te blijven optimaliseren. Alleen zo slaag je erin de meest briljante digitale ontwikkelingen met de meest unieke menselijke skills te verenigen.
    • The relationship between demand pull attention and radical product innovation: Evidence through computer-aided text analysis

      Biehl, Esther; Fehre, Kerstin; Tietze, Marco (Emerald Publishing Limited, 2018)
      This study updates the discussion on demand-pull attention as a source of radical product innovation. Demand-pull attention shows an ex ante alignment with market characteristics and needs as opposed to pushing resources toward markets. The authors suggest a holistic framework and specify three dimensions of demand-pull attention: anticipated or revealed market demand, market environment, and external economic environment. Based on a large German longitudinal panel consisting of 941 firm-year observations from 2003 to 2013, the authors conceptualized the measurement of demand-pull dimensions’ attention and radical product innovation using computer-aided text analysis of annual reports. The authors analyzed the relationship between the attention that a firm pays to different demand-pull dimensions and the firm’s strategic intention to radically innovate; thus, the authors actually focused on the cognitive sources of radical product innovations. This chapter suggests that radical product innovation activities are positively driven by attention toward the market environment and market demand orientation. However, the hypothesis, which assumed a negative relationship between attention toward the external economic environment and radical innovation, could not be significantly confirmed. This demands a closer look into the underlying decision processes of firms when deciding on radical product innovations. With the theoretical grounding on the attention-based view of the firm, the authors contribute to a better understanding of the role that organizational cognition plays in innovation processes.
    • Attitudes of family firms toward outside investors: The importance of organizational identification

      Neckebrouck, Jeroen; Manigart, Sophie; Meuleman, Miguel (Routledge, 2018)
      More and more family firms open their capital for outside investors, yet existing studies mainly conclude that family firms are more reluctant than nonfamily firms to hand over control to outside investors. In this study, we build on an organizational identification perspective to explore why family firms differ in their attitudes toward outside investors. We hypothesize that family members who identify strongly with their firms are less willing to cede control to outside investors and, if they do cede control, have a stronger preference for investors who may readily identify with family firms, such as family offices or high net worth individuals, rather than investors who may not fit well with a familial identity, such as private equity sponsors or financial investors. We also hypothesize that social identification mediates the relationship between important family firm governance characteristics and preferences for outside investor. Exploratory evidence from a sample of Belgian family firms is supportive of most of our predictions.