International Journal of Global Community (Riksawan Institute - IJGC-RI)
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Enterprise risk management: Integrale risicobeheersing voor organisaties, Handboek financieel administratieve modellen
Changing the boundaries of the firm:Adopting and designing efficient management control structures
Purpose - To develop a model in which alternative patterns of management control are confronted with situational and institutional features in the context of transactional relationships. The model could be of use to managers in making rational decisions regarding the boundaries of the organization.Design/methodology/approach - The model is developed by drawing on transaction cost economics extended with systems theoretical notions on trust.Findings - Three patterns of management control are identified: a market pattern, a bureaucratic pattern and a trust pattern. Furthermore, the transactional and institutional factors that determine the choice of a control pattern or elements therein are identified and confronted with the three management control patterns.Research limitations/implications - An extended transaction cost economics approach is rather static of nature and, therefore, could be criticized for its lack of attention to processes of gradual development. In practice, adoption and design of management control structures are only part of the story; there also is gradual development or evolution in management control. However, the implications of the model are restricted to rational decision making regarding the adoption/design of management control patterns.Originality/value - The paper provides a relevant and usable model for the adoption and design of management control patterns.</p
Western models and African realities:Human resource management and performance in Eritrea
Hoe passen Eritrese organisaties Human Resource Management (HRM) toe? En welk verband bestaat er tussen HRM en bedrijfsresultaten? Het meeste onderzoek op het gebied van HRM vindt plaats in de westerse wereld en in mindere mate Azië, maar over de situatie in Afrika is slechts weinig bekend. Promovendus Ghebremeskel onderzocht het HRM in zijn vaderland Eritrea. De Human Resource Managers in dit Oost-Afrikaanse land kampen met diverse problemen, zoals de economische crisis en de politieke instabiliteit. Niettemin blijkt dat kennis van HRM aanwezig is en ook benut wordt voor training, werving, beloningssystemen en medewerkerparticipatie. De collectivistische Eritrese cultuur bevordert de invoering van participatief management en teamwork. Dat is in tegenspraak met de heersende opvatting dat de bedrijfsvoering in Afrika wordt gekenmerkt door autoritaire en hiërarchische trekken, nepotisme en vriendjespolitiek