• Performance- & rewardmanagement in een agile omgeving

      Vandenbroucke, Astrid (HR Magazine, 2020)
      Vanuit de nood om flexibeler en wendbaarder in te spelen op de klant, groeit de belangstelling voor het zogenaamde agile werken. Vlerick Business School onderzocht hoe een aantal bedrijven die aanpak vertalen naar performance- en rewardmanagement.
    • Performantie in de Belgische verzekeringssector - Het belang van alignering

      Roelandt, Peter; Verweire, Kurt (De Verzekeringswereld, 2006)
    • Personalized medicine: Time to invest more in our health

      Van Dyck, Walter; Cardoen, Brecht; Neels, Leo (The Clinical Services Journal, 2015)
      Healthcare is on the verge of a revolution, especially as miniaturised digital technology, more powerful computing and an attitude change converse and reshape the way we deal with health issues.
    • Pertinent insights from Europe on executive compensation

      Baeten, Xavier; De Ruyck, Bettina (The Journal of Total Rewards, 2020)
      Throughout this article, it became clear that there is no “European way” of executive compensation as a number of geographical differences were found to be present. However, the research shows that the variance is explained by determinants such as business size, the industry in which the company operates and the share ownership structure. The article also looked at the underlying key performance indicators used for incentive systems. Not surprisingly, financial indicators were found to be most prevalent, determining on average 70% of the bonus while company size was the main driver of CEO compensation. We found that CEO compensation policies in the best performing companies, over a longer period of time, are characterized by modesty. This applies to compensation levels, the weight of incentives in the total package, and the spread between target and maximum bonus.
    • PEV storage in multibus scheduling problems

      Momber, Ilan; Morales-España, Germán; Ramos, Andrés; Gómez, Tómas (IEEE Transactions on Smart Grids, 2014)
      Modeling electricity storage to address challenges and opportunities of its applications for smart grids requires inter-temporal equalities to keep track of energy content over time. Prevalently, these constraints present crucial modeling elements as to what extent energy storage applications can enhance future electric power systems' sustainability, reliability, and efficiency. This paper presents a novel and improved mixed-integer linear problem (MILP) formulation for energy storage of plug-in (hybrid) electric vehicles (PEVs) for reserves in power system models. It is based on insights from the field of System Dynamics, in which complex interactions between different elements are studied by means of feedback loops as well as stocks, flows and co-flows. Generalized to a multi-bus system, this formulation includes improvements in the energy balance and surpasses shortcomings in the way existing literature deals with reserve constraints. Tested on the IEEE 14-bus system with realistic PEV mobility patterns, the deterministic results show changes in the scheduling of the units, often referred to as unit commitment (UC).
    • Pharmaceutical discovery as a complex system of decisions: The case of front-loaded experimentation

      Van Dyck, Walter; Allen, P. (Emergence: Complexity & Organization, 2006)
      In an article to appear shortly (McCarthy et al., 2006) the NPD process has been shown to be a complex adaptive system. In earlier articles (Allen & Ebeling, 1983; Allen, 2001; Allen & Strathern, 2005) the theory behind the emergent nature of the innovation and the new product development process has been presented and discussed, linking it to the inherent uncertainties involved in system instabilities when new dimensions and descriptors are turned on. This is the fuzzy front end of the innovation process and corresponds in practice to “the period between when an opportunity is first considered and when an idea is judged ready for development” (Kim & Wilemon, 2002). In the fuzzy front end, ambiguity about the performance of the idea prevails, preventing it from being transferred to development where it becomes increasingly expensive to rework or kill non-performing product ideas as one proceeds through the process (Verganti, 1997; Thomke & Fujimoto, 2000).
    • Pioneer, early follower, or late follower: Which entry strategy should you prefer?

      Fischer, Marc; Himme, Alexander; Sönke, Albers (Zeitschrift für Betriebswirtschaft, 2007)
    • Pioniers, doordrijvers, integrators & bewakers

      Van Mechelen, Sander (HR Magazine, 2017)
    • Pitfalls of administering justice in an inconsistent world: Some reflections on the consistency rule

      Patient, David (Journal of Organizational Behavior, 2011)
      The unique legal context investigated by Stein, Steinley, and Cropanzano (this issue) highlights important challenges facing decision makers charged with administering justice in turbulent environments. First, rules may need to be adapted to new information and changed circumstances. Second, consistency over time can compete with altruistic motives, moral convictions, and other important principles. Third, decisionmakers may face demands from multiple audiences to re‐interpret a rule in ways that are harsher, more lenient, or otherwise different than previously warranted. Since managers in other organizational settings can also face strong pressures to change over time how they interpret and apply rules, the legal context highlights important aspects of fairness that can compete with consistency over time, and that merit further investigation
    • Planning projects with scarce resources: Yesterday, today and tomorrow’s research challenges

      Vanhoucke, Mario (Frontiers of Engineering Management, 2018)
      This paper is an invited request to describe the main research challenges in the domain of resource-constrained project scheduling. The paper is split up in three parts. In today’s challenges, research endeavors that have received a significant, but still not enough, attention have been described. In tomorrow’s research challenges, some promising research avenues for future research have been given. Finally, in yesterday’s challenge, a research topic that started decades ago, is said to have still a huge potential in tomorrow’s research agenda. This paper does not intend to give a full literature overview, nor a summary of all possible research paths. Instead, it is inspired from the author’s experience in academic research and practical consultancy and it serves as a personal opinion on a non-exhaustive set of promising research avenues, rather than giving a full literature-based advice for future research directions.
    • Platform flexibility strategies: R&D investment versus production customization tradeoff

      Van den Broeke, Maud; Boute, Robert; Van Mieghem, Jan (European Journal of Operational Research, 2018)
      Product platforms are assets that are shared by multiple products. We study the optimal investment in platform flexibility. Each platform type is characterized by its functionality that determines its R&D investment and unit production cost, as well as the customization cost to produce the end products from the platform. The firm can invest in a portfolio of specialized platforms that align with the functionalities of a specific product and flexible platforms that cover the functionalities of a product range at lower customization cost. We characterize the optimal platform portfolio strategy using an ex-ante investment versus ex-post production customization tradeoff curve and show comparative statics of these costs, demand forecast, and the decision maker's regret and risk attitude. Flexible platforms provide operational hedging for risk-averse decision makers who thus should invest more than risk-neutral counterparts. In contrast to manufacturing flexibility, the regret of sub-optimal investments increases as demand is more negatively correlated.
    • Portfolio Entrepreneurship and Resource Orchestration

      Baert, Caroline; Meuleman, Miguel; Debruyne, Marion; Wright, Mike (Strategic Entrepreneurship Journal, 2016)
      This study examines the role of resource orchestration for the exploration and exploitation of opportunities through portfolio entrepreneurship. Adopting a single-case study approach, we identify eight distinctive resource orchestration subprocesses that we group into three aggregate resource orchestration processes that enable the development and exploitation of a set of resources and capabilities across a portfolio of ventures. Our findings extend the literature on enduring entrepreneurship by building theory on how resource orchestration across a portfolio of ventures facilitates the emergence of synergies when exploring and exploiting opportunities.
    • Portfolio investment strategies in the Finnish venture capital industry: A longitudinal study

      De Clercq, Dirk; Goulet, P.K.; Kumpulainen, M.; Mäkelä, M. (Venture capital, 2001)
    • Positioning change recipients' attitudes toward change in organizational change literature

      Bouckenooghe, Dave (Journal of Applied Behavioral Science, 2010)
    • Post-Enron Implicit Audit Reporting Standards: Sifting through the Evidence

      Sercu, Piet; Vander Bauwhede, Heidi; Willekens, Marleen (De Economist, 2006)
    • Postponed Manufacturing supplementary to transportation services

      Van Hoek, R.; Van Dierdonck, Roland (Transportation Research - Part E, 2000)
    • Pourquoi participer aux programmes de fidélisation?

      De Wulf, Kristof; Odekerken-Schröder, Gaby; De Cannière, Marie; Van Oppen, C. (Marketeer, 2001)
    • PP for product placement or puzzled public?

      Tessitore, Tina; Geuens, Maggie (International Journal of Advertising, 2013)
      This research examines the effectiveness of the European ‘PP’ symbol, recently introduced as a warning of product placement in locally produced television programmes. The authors test whether this symbol counters the pervasive effect of product placement on purchase intention. Study 1 shows that the symbol does not prompt resistance to the influence of product placement. This is because the majority of consumers neither notice nor comprehend the symbol. In Study 2, two training methods are tested to increase the symbol’s effectiveness: (1) verbal label training and (2) a combination of verbal label training and information training. The addition of information training is necessary to increase the symbol’s noticeability, whereas verbal label training helps increase the symbol’s comprehensibility and effectiveness in activating persuasion knowledge and decreasing purchase intention. Finally, the results provide evidence that brand recall is crucial for resistance to product placement, suggesting the importance of brand recall as a moderator of resistance processes.
    • Practical application and empirical evaluation of reference class forecasting for project management

      Batselier, Jordy; Vanhoucke, Mario (Project Management Journal, 2016)
      Traditionally, project managers produce cost and time forecasts by predicting the future course of specific events. In contrast,reference class forecasting (RCF) bypasses human judgment by basing forecasts on the actual outcomes of past projects similar to the project being forecasted. The RCF technique is compared with the most common traditional project forecasting methods, such as those based on Monte Carlo simulation and earned value management (EVM). The conducted evaluation is entirely based on real-life project data and shows that RCF indeed performs best, for both cost and time forecasting, and therefore supports the practical relevance of the technique.