This paper investigates optimal decisions for private banking development in China under two innovative organizational structures—the big retail mode(BRM)and the independent development mode(IDM).Under the BRM,the re...This paper investigates optimal decisions for private banking development in China under two innovative organizational structures—the big retail mode(BRM)and the independent development mode(IDM).Under the BRM,the retail and private banking divisions form a cooperative relationship wherein the former transfers highnet-worth customers to the latter.In addition,retail banking receives a share of private banking revenues.We investigate the optimal revenue-sharing ratio between the two divisions and the optimal effort by private banking to serve transferred customers within the cooperative relationship.The analytical results show that as the private banking division becomes more developed,the optimal revenue-sharing ratio decreases,and the private banking division’s optimal effort to serve transferred customers decreases because it puts more effort into acquiring new customers.Under the IDM,the two divisions form a competitive relationship since they compete to acquire customers independently.We investigate customer acquisition efforts in this interdivisional competition.Optimal customer acquisition efforts by both divisions increase in potential assets and rates of return.This paper contributes to the literature by(1)analyzing financial innovation by private banks from an organizational perspective;(2)providing an economic analysis for private banking development in China.展开更多
The development of Financial Technology(FinTech)in areas such as mobile Internet,cloud computing,big data,search engines,and blockchain technology have significantly changed the financial industry.FinTech is expected ...The development of Financial Technology(FinTech)in areas such as mobile Internet,cloud computing,big data,search engines,and blockchain technology have significantly changed the financial industry.FinTech is expected to overturn the traditional banking business model,forcing banks to upgrade and transform.This study adopts a comparative case study method to contrast and analyze the Industrial and Commercial Bank of China(ICBC)and Citibank.It analyzes the strategies,organizations,HR systems,and product innovations adopted by these two banks in response to the impact of FinTech.This paper proposes an“electric vehicle”mode for ICBC and an“airplane mode”for Citibank.Further,it describes the difficulties encountered by the Chinese banking industry and proposes some feasible ways to upgrade.“Technology power”will become the core competitive concept for the financial institutions of the future.展开更多
The impact of the global recession has served to increase pressure on non-profit organizations resources.Executive leadership is an essential component of the success of these institutions.The two-fold purpose of this...The impact of the global recession has served to increase pressure on non-profit organizations resources.Executive leadership is an essential component of the success of these institutions.The two-fold purpose of this article is to provide a state-of-the-art overview about the existing literature on leadership and organizational innovation in the third sector,as well as to identify research gaps leading to a research model,which can be used in further empirical research.For this,we used the collection of existing literature in the Web of Science.The 144 articles selected in the database were analysed using the VOS-viewer software.Results show a concern with the renewal of management bodies and a lack of qualified leaders.This study contributes to the construction of an action agenda leading to the establishment of new leadership and organizational innovation model for the third sector.展开更多
Using Xinbei Branch of Changzhou Municipal Bureau of Urban Planning as a case,this study carefully examines how organizations innovate in China's urban planning management.The study builds itself upon a network an...Using Xinbei Branch of Changzhou Municipal Bureau of Urban Planning as a case,this study carefully examines how organizations innovate in China's urban planning management.The study builds itself upon a network analysis of the data collected through a survey of all the relevant members about their working relationships after their organizational reform.It shows that,with regional competition for economic development,the local government departments in developed areas tend to actively seek opportunities for organizational innovation in order to ensure planning management effectiveness and promote planning implementation efficiency.The reform measures and their effects are carefully examined for identifying lessons and experiences in planning implementation in China.展开更多
The research aims to explore the relationship between leadership and employee innovation,team innovation,and organizational innovation by reviewing the previous literature so that it can provide a systematie understan...The research aims to explore the relationship between leadership and employee innovation,team innovation,and organizational innovation by reviewing the previous literature so that it can provide a systematie understanding of the relationship.Most of the current researchers pay more attention to the relationship between one type of leadership and innovation,whereas this study reviews the literature on different leadership styles and innovations and provides concepts of them,and shows empirical findings.展开更多
This research is based on a qualitative approach based on the exploitation of secondary data.The objective of the research is to determine the factors likely to influence the success of innovation in small and medium ...This research is based on a qualitative approach based on the exploitation of secondary data.The objective of the research is to determine the factors likely to influence the success of innovation in small and medium enterprises(SMEs)of Building and Public Works(BTP)in Burkina Faso.To do this,we issued two research proposals that served as a guide for our research.It emerged that 77% of SMEs reported having innovated in 2019,while the same study concluded to the underperformance of these companies.Hence,there is the need to distinguish between innovation actions and the success of innovation.For us,the success of innovation is based on information transparency in the company and the development of human resources.The results showed that the information does not circulate the construction companies and it results in a lack of meeting place.In addition,construction and civil engineering SMEs lack competent and qualified staff and are not very motivated.Indeed,only 52% of business leaders are satisfied with the motivation of their staff.In terms of competence,97% business leaders say that they have qualified staff and even 87% say not to delegate because they lack qualified staff.In fact,obtaining approval requires the existence of qualified personnel in the company,which justifies this assertion to 97%.And yet,the staff presented for the approval is not the one available in the company.Moreover,the lack of competent and motivated staff is confirmed by the MOE and MOD.Our two research proposals have been validated.However,we noted that this is a partial search for the factors that influence the success of innovation in construction SMEs that could be complemented by other research.展开更多
Social services are a protection system that seeks to assist people throughout their lives.Innovation is essential for enabling us to respond to the problems that society is currently facing and to adapt to our changi...Social services are a protection system that seeks to assist people throughout their lives.Innovation is essential for enabling us to respond to the problems that society is currently facing and to adapt to our changing world.This paper validates an instrument based on the Public Innovation Hexagon(PIH),for measuring the degree to which an innovation culture is being implemented in the Spanish social services system.A sample group of social services professionals were asked to complete a questionnaire based on the variables that make up the PIH model.After our initial validation of the PIH model,we reduced the 42 initial items to 32,while maintaining the initial six dimensions.The objective was to eliminate redundant items and ensure that the resulting end model was more solid and reliable.The new improved model(PIHn)that we created achieved greater consistency with a smaller number of items while maintaining the initial six dimensions.展开更多
This research investigates the impact of managed health care on academic medical centers in the United States. Academic medical centers hold a unique position in the U. S. health care system through their missions of ...This research investigates the impact of managed health care on academic medical centers in the United States. Academic medical centers hold a unique position in the U. S. health care system through their missions of conducting cutting-edge biomedical researeh, pursuing clinical and technological innovations, Providing state-of-the-art medical care and producing highly qUalified health professionals. However, policies to control costs through the use of managed care and limiting resources are detrimental to academic medical centers and impede the advancement of medical sciTo survive the threats of managed care in the health care environment, acadendc medical centers must rely on their upper level managers to derive successful strategies. The methods used in this study include qualitative approaches in the form of key informants and case studies. In addition, a survey questionnaire was sent to 1h8 CEOs in all the academic medical centers in the U. S. The findings revealed that managers who perform the liaison, monitor, entrepreneur and resource allocator roles are crucial to ensure the survival of academic medical centers, so that academic medical centers can continue their missions to serve the general public and promote their well-being.展开更多
This paper aims at demonstrating that an acceptable level of performance as a group facilitator can be achieved byhospitality industry managers in a 35-hour course, to a maximum of fourteen trainees, experienced in gr...This paper aims at demonstrating that an acceptable level of performance as a group facilitator can be achieved byhospitality industry managers in a 35-hour course, to a maximum of fourteen trainees, experienced in groupleadership but not in small-group facilitation or large-group coordination. Based on a six-step model fororganizational intervention, the course was run in co-facilitation, using the effect of demonstration, modelling, andobservation to improve performance at individual level. The course represents a mix of organizational behaviourand human resources management that has proved to be effective in preparing managers to improve organizationalinnovation and accelerate change in companies. Each step produced outputs, namely three innovation projects.Participants rated the course in every item of an extensive questionnaire as Good and Very Good, except theintroduction (pre-consult), which was considered “too theoretical”. Therefore, the course model proved to beadequate for the preparation of managers as coaches for organizational innovation in the hospitality industry. As tofuture developments, they will have to do mostly with the functioning of a matrix structure in the hospitality industry,so that the whole approach may have a full impact on the company.展开更多
According to the survey of the employment status of Chinese college students and the results of the parents'questionnaire,the lack of comprehensive ability and practical experience among college graduates has beco...According to the survey of the employment status of Chinese college students and the results of the parents'questionnaire,the lack of comprehensive ability and practical experience among college graduates has become the most worrying problem for the society and students.However,the traditional education mode pays too much attention to the first class,or separates the first class from the second and third classes,emphasizing their respective independent roles and reducing the comprehensive effect of the three classes.Therefore,it is of great practical significance to explore how to improve students'practical ability,comprehensive ability and innovative spirit through the integration of classroom system.展开更多
Since the coronavirus disease 2019(COVID-19)pandemic,major innovative-oriented countries have adopted various science and technology innovation(STI)policies to address global public health challenges.Using data from t...Since the coronavirus disease 2019(COVID-19)pandemic,major innovative-oriented countries have adopted various science and technology innovation(STI)policies to address global public health challenges.Using data from the Organization for Economic Co-operation and Development STI Database,this study analyzed international STI policies in response to the COVID-19 pandemic.The findings revealed that the pandemic has dramatically stimulated the application of STI policies,and there are commonalities and differences in the STI policies of different countries.Meanwhile,COVID-19 has disrupted planning for allocating resources for STIs,leading to duplication and inefficiency.Based on the findings,this study recommends increasing research investment to address the long-term challenges of major infectious diseases,strengthening support for enterprises,promoting data sharing and openness,enhancing the internationalization of scientific research,strengthening scientific consultation and communication,and devoting more policy attention to vulnerable groups.展开更多
While the importance of knowledge management is increasingly acknowledged,many firms do not fully understand the significance of innovativeness in relation to knowledge management and firm performance.Consequently,the...While the importance of knowledge management is increasingly acknowledged,many firms do not fully understand the significance of innovativeness in relation to knowledge management and firm performance.Consequently,the objective of this article is to investigate innovativeness and its relationship with knowledge management and organizational performance in an under-examined industry sector and country context.The study methodology was survey-based and took place in the hospitality industry sector in Lesotho,Africa.Findings highlight the importance of knowledge management practices as an important driver of firm performance,where the results emphasize the positive mediating effect of innovativeness on the relationship between knowledge management and firm performance.The study has important practitioner and policy implications,where it is recommended that knowledge management be utilized in conjunction with innovativeness so as to positively influence firm performance.The article delivers a novel contribution to the literature in terms of establishing empirical associations between knowledge management,innovativeness and firm performance in an emerging country context.展开更多
基金supported by the National Natural Science Foundation of China(Grant Nos.72101281,72192843,71872171,71988101)the National Social Science Fund of China(Grant No 22VRC055)Program for Innovation Research in Central University of Finance and Economics.
文摘This paper investigates optimal decisions for private banking development in China under two innovative organizational structures—the big retail mode(BRM)and the independent development mode(IDM).Under the BRM,the retail and private banking divisions form a cooperative relationship wherein the former transfers highnet-worth customers to the latter.In addition,retail banking receives a share of private banking revenues.We investigate the optimal revenue-sharing ratio between the two divisions and the optimal effort by private banking to serve transferred customers within the cooperative relationship.The analytical results show that as the private banking division becomes more developed,the optimal revenue-sharing ratio decreases,and the private banking division’s optimal effort to serve transferred customers decreases because it puts more effort into acquiring new customers.Under the IDM,the two divisions form a competitive relationship since they compete to acquire customers independently.We investigate customer acquisition efforts in this interdivisional competition.Optimal customer acquisition efforts by both divisions increase in potential assets and rates of return.This paper contributes to the literature by(1)analyzing financial innovation by private banks from an organizational perspective;(2)providing an economic analysis for private banking development in China.
基金This manuscript has sponsored by(531-541009)from the Advanced Institute of Finance,Sun Yat-sen University.
文摘The development of Financial Technology(FinTech)in areas such as mobile Internet,cloud computing,big data,search engines,and blockchain technology have significantly changed the financial industry.FinTech is expected to overturn the traditional banking business model,forcing banks to upgrade and transform.This study adopts a comparative case study method to contrast and analyze the Industrial and Commercial Bank of China(ICBC)and Citibank.It analyzes the strategies,organizations,HR systems,and product innovations adopted by these two banks in response to the impact of FinTech.This paper proposes an“electric vehicle”mode for ICBC and an“airplane mode”for Citibank.Further,it describes the difficulties encountered by the Chinese banking industry and proposes some feasible ways to upgrade.“Technology power”will become the core competitive concept for the financial institutions of the future.
文摘The impact of the global recession has served to increase pressure on non-profit organizations resources.Executive leadership is an essential component of the success of these institutions.The two-fold purpose of this article is to provide a state-of-the-art overview about the existing literature on leadership and organizational innovation in the third sector,as well as to identify research gaps leading to a research model,which can be used in further empirical research.For this,we used the collection of existing literature in the Web of Science.The 144 articles selected in the database were analysed using the VOS-viewer software.Results show a concern with the renewal of management bodies and a lack of qualified leaders.This study contributes to the construction of an action agenda leading to the establishment of new leadership and organizational innovation model for the third sector.
基金the project of Research on City Strategic Planning Decision-Making and Implementation Process from the Perspective of Policy Network sponsored by the National Natural Sciences Foundation of China(No.71373277)Coordinating to Support Construction of First-Grade University and First-Grade Discipline sponsored by China Renmin University
文摘Using Xinbei Branch of Changzhou Municipal Bureau of Urban Planning as a case,this study carefully examines how organizations innovate in China's urban planning management.The study builds itself upon a network analysis of the data collected through a survey of all the relevant members about their working relationships after their organizational reform.It shows that,with regional competition for economic development,the local government departments in developed areas tend to actively seek opportunities for organizational innovation in order to ensure planning management effectiveness and promote planning implementation efficiency.The reform measures and their effects are carefully examined for identifying lessons and experiences in planning implementation in China.
文摘The research aims to explore the relationship between leadership and employee innovation,team innovation,and organizational innovation by reviewing the previous literature so that it can provide a systematie understanding of the relationship.Most of the current researchers pay more attention to the relationship between one type of leadership and innovation,whereas this study reviews the literature on different leadership styles and innovations and provides concepts of them,and shows empirical findings.
文摘This research is based on a qualitative approach based on the exploitation of secondary data.The objective of the research is to determine the factors likely to influence the success of innovation in small and medium enterprises(SMEs)of Building and Public Works(BTP)in Burkina Faso.To do this,we issued two research proposals that served as a guide for our research.It emerged that 77% of SMEs reported having innovated in 2019,while the same study concluded to the underperformance of these companies.Hence,there is the need to distinguish between innovation actions and the success of innovation.For us,the success of innovation is based on information transparency in the company and the development of human resources.The results showed that the information does not circulate the construction companies and it results in a lack of meeting place.In addition,construction and civil engineering SMEs lack competent and qualified staff and are not very motivated.Indeed,only 52% of business leaders are satisfied with the motivation of their staff.In terms of competence,97% business leaders say that they have qualified staff and even 87% say not to delegate because they lack qualified staff.In fact,obtaining approval requires the existence of qualified personnel in the company,which justifies this assertion to 97%.And yet,the staff presented for the approval is not the one available in the company.Moreover,the lack of competent and motivated staff is confirmed by the MOE and MOD.Our two research proposals have been validated.However,we noted that this is a partial search for the factors that influence the success of innovation in construction SMEs that could be complemented by other research.
文摘Social services are a protection system that seeks to assist people throughout their lives.Innovation is essential for enabling us to respond to the problems that society is currently facing and to adapt to our changing world.This paper validates an instrument based on the Public Innovation Hexagon(PIH),for measuring the degree to which an innovation culture is being implemented in the Spanish social services system.A sample group of social services professionals were asked to complete a questionnaire based on the variables that make up the PIH model.After our initial validation of the PIH model,we reduced the 42 initial items to 32,while maintaining the initial six dimensions.The objective was to eliminate redundant items and ensure that the resulting end model was more solid and reliable.The new improved model(PIHn)that we created achieved greater consistency with a smaller number of items while maintaining the initial six dimensions.
文摘This research investigates the impact of managed health care on academic medical centers in the United States. Academic medical centers hold a unique position in the U. S. health care system through their missions of conducting cutting-edge biomedical researeh, pursuing clinical and technological innovations, Providing state-of-the-art medical care and producing highly qUalified health professionals. However, policies to control costs through the use of managed care and limiting resources are detrimental to academic medical centers and impede the advancement of medical sciTo survive the threats of managed care in the health care environment, acadendc medical centers must rely on their upper level managers to derive successful strategies. The methods used in this study include qualitative approaches in the form of key informants and case studies. In addition, a survey questionnaire was sent to 1h8 CEOs in all the academic medical centers in the U. S. The findings revealed that managers who perform the liaison, monitor, entrepreneur and resource allocator roles are crucial to ensure the survival of academic medical centers, so that academic medical centers can continue their missions to serve the general public and promote their well-being.
文摘This paper aims at demonstrating that an acceptable level of performance as a group facilitator can be achieved byhospitality industry managers in a 35-hour course, to a maximum of fourteen trainees, experienced in groupleadership but not in small-group facilitation or large-group coordination. Based on a six-step model fororganizational intervention, the course was run in co-facilitation, using the effect of demonstration, modelling, andobservation to improve performance at individual level. The course represents a mix of organizational behaviourand human resources management that has proved to be effective in preparing managers to improve organizationalinnovation and accelerate change in companies. Each step produced outputs, namely three innovation projects.Participants rated the course in every item of an extensive questionnaire as Good and Very Good, except theintroduction (pre-consult), which was considered “too theoretical”. Therefore, the course model proved to beadequate for the preparation of managers as coaches for organizational innovation in the hospitality industry. As tofuture developments, they will have to do mostly with the functioning of a matrix structure in the hospitality industry,so that the whole approach may have a full impact on the company.
文摘According to the survey of the employment status of Chinese college students and the results of the parents'questionnaire,the lack of comprehensive ability and practical experience among college graduates has become the most worrying problem for the society and students.However,the traditional education mode pays too much attention to the first class,or separates the first class from the second and third classes,emphasizing their respective independent roles and reducing the comprehensive effect of the three classes.Therefore,it is of great practical significance to explore how to improve students'practical ability,comprehensive ability and innovative spirit through the integration of classroom system.
文摘Since the coronavirus disease 2019(COVID-19)pandemic,major innovative-oriented countries have adopted various science and technology innovation(STI)policies to address global public health challenges.Using data from the Organization for Economic Co-operation and Development STI Database,this study analyzed international STI policies in response to the COVID-19 pandemic.The findings revealed that the pandemic has dramatically stimulated the application of STI policies,and there are commonalities and differences in the STI policies of different countries.Meanwhile,COVID-19 has disrupted planning for allocating resources for STIs,leading to duplication and inefficiency.Based on the findings,this study recommends increasing research investment to address the long-term challenges of major infectious diseases,strengthening support for enterprises,promoting data sharing and openness,enhancing the internationalization of scientific research,strengthening scientific consultation and communication,and devoting more policy attention to vulnerable groups.
文摘While the importance of knowledge management is increasingly acknowledged,many firms do not fully understand the significance of innovativeness in relation to knowledge management and firm performance.Consequently,the objective of this article is to investigate innovativeness and its relationship with knowledge management and organizational performance in an under-examined industry sector and country context.The study methodology was survey-based and took place in the hospitality industry sector in Lesotho,Africa.Findings highlight the importance of knowledge management practices as an important driver of firm performance,where the results emphasize the positive mediating effect of innovativeness on the relationship between knowledge management and firm performance.The study has important practitioner and policy implications,where it is recommended that knowledge management be utilized in conjunction with innovativeness so as to positively influence firm performance.The article delivers a novel contribution to the literature in terms of establishing empirical associations between knowledge management,innovativeness and firm performance in an emerging country context.