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    Integrated change management framework for the U.S. aerospace and defense industry

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    The purpose and scope of this research is to: Develop an integrated change management framework for the knowledge workforce in the U.S. aerospace and defense industry. Minimize the impact of workforce attrition, and to nurture the employees’ skills base, during disruptive program changes.An Integrated Change Management Framework for theU.S. Aerospace and Defense Industry Transition Management of Knowledge Workforce Key Words: Organizational Change, Force-field, Transformational Leadership Satya Pilla July 2011Purpose and Scope of the Research Develop an integrated change management framework for the knowledge workforce in the U.S. aerospace and defense industry. Minimize the impact of workforce attrition, and to nurture the employees’ skills base, during disruptive program changes. Research Questions Though what change processes can management lead knowledge workforce transitions during major organizational disruptions in the US aerospace and defense industry? Significance of this Research for Management • No integrated change management frameworks are readily available for the knowledge workforce • This is a new area of research for transformational leadership • This is a new area of research for establishing metrics to measure organizational changesThesis Statement Episodic organizational change involving knowledge workforce, in the U.S. aerospace and defense industry, can be successfully achieved by: implementing transformational leadership strategies to address organizational force-field, and framing leader-follower alignment to gain follower alliance.Main Literature Themes and Authors Force-Field Concept: Lewin, Schein Change Readiness: Armenakis, Bandura Leader Motivation: McClelland, House, Hollander Follower Motivation: Chaleff, Kelley Orientation: Black, Mouton Regulatory Focus: Kark, Van Dijk Self Concept: Lord, Shamir Social Identity: Tajfel, Haslam Key Propositions Distilledfrom the Literature In the domain of knowledge workers: Lewin’s force-field concept can be applied to manage organizational change. Leaders can be “typed” by power and relational motivation, orientation, and regulatory focus. Followers have the same behavior dimensions as leaders Leader-follower alignment is key to follower alliance, and The result will be a high degree of success for workforce transition.Conceptual FrameworkForce-Field Force-Field for Knowledge Workforce Transition -Pilla (2011) Capacity (Operations Strategy) Collaborative Vision & Action (Business Strategy) Commitment (People Strategy) Retention, Productivity Gains Attrition, Operational Bottlenecks Ethnic Diversity, Organizational Cultural mix, Incompatible Leadership Behavior Transformational Leadership, Team Cohesion, Work Content Shared Values in the Vision, Inclusive Environment, Leader-follower Similarity High Perceived Power Distance, One-way Communication Gaps in Skill Mix, Closed Organizational Culture, Disparate Technologies Knowledge Mgmt, Complexity Management Equilibrium State A Equilibrium State B F(+) F(-) F(+) F(-) F(+) F(-) F(+) F(-) Direction of Change from A to B Transition Flux External Environmental Forces Ability Availability External Environmental ForcesConceptual FrameworkLeader-Follower Typology Leader’s Typology Model from Behavioral Dimensions –Pilla (2011) Follower’s Typology Model from Behavioral Dimensions –Pilla (2011) Power, and Relational Power, and Relational Orientation, Regulatory Focus Orientation, Regulatory FocusConceptual FrameworkIntegrated Change Management Framework Vision for Change Leader-Follower Self-Group-Identity Articulate Change Change Readiness Chart Force-Field Frame Leader-Follower Alignment Follower Alliance Change Objectives State A State B Prior Equilibrium New Equilibrium Change Management Framework for Knowledge Workforce Transition -Pilla (2011) Mitigate ResistanceResearch Approach & Formationof Argument • Evidence Based Research Extensive body of scholarly literature for formulating the theoretical framework Existing empirical data for supporting the research propositions • Expert Panel Reviews Academia, Industry, Government • Guidance and Review by Faculty and CohortsFindings Force-field theory for organizational change management is empirically supported Cultural aspects and change readiness concepts for transition are empirically supported. Leader typology is empirically supported by varied studies Follower typology in this study is new, and is not yet empirically verified Leader-follower similarity for transformation is empirically supported.Implications for Management Practice • Great value to the U.S. aerospace and defense industry, for steering the workforce safely through disruptive organizational changes since it strategically builds workforce commitment and mitigates attrition • If organizational change metrics are established, and measured, change scenarios can be digitally simulated, prior to implementation.Future Research Agendas • How does the quasi-stationary equilibrium of Lewin force-field compare with asymmetric appreciative inquiry (AI) for addressing global level changes? • What are the leader-follower alignment implications for the long-term? • How can organizational change be quantitatively measured, monitored and simulated

    Shift happens II: How critical forces of change are reshaping the US higher education paradigm

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    This is a video of the presentation at the 1st Annual UMUC ShareFair on Research and Scholarship. Free registration is required to view this webcast

    Women in leadership: A case study of executive women in the U.S. banking industry

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    The purpose of this study was to explore various factors that women perceive as significant in their achievement of executive level positions in the U.S. banking industry.Self-Efficacy Mentoring Relationships Emotional Intelligence Organizational Culture Networking Sponsorships Neutral Industry Based Commitment Goal Oriented Positive Attitude Direct Leadership Communication Continuous Learning Perceived Significance of Factors Women in Leadership: A Case Study of Executive Women in the U.S. Banking Industry Introduction: Purpose & Scope Results The purpose of this study was to explore various factors that women perceive as significant in their achievement of executive level positions in the U.S. banking industry. Conclusions Mary Jo Anderson Graduate School of Management & Technology University of Maryland University College, Adelphi, MD Method Existing literature indicated that several potential factors may contribute to upward career mobility for women: Emotional Intelligence: Goleman,1998, 2005; Fitzgerald & Schutte, 2009; Mayer, Salovey, & Caruso, 2004; Petrides & Furnham, 2000. Self-Efficacy: Bandura, 1977, 1982; Gist & Mitchell, 1992; Metz, 2003; Paglis & Green, 2002; Stajkovic & Luthans, 1998. Networking: Broadbridge, 2004; Ibarra & Hunter, 2007; Linehan, 2001; Van Emmerick, Euwema, Geschiere, & Schouten, 2006. Mentoring Relationships: Burke & McKeen, 1990; Kanter, 1977; Kram, 1983; Levinson, 1978; Ragins & Cotton, 1999. Organizational Culture: Bierema, 1996; Gallagher & Golant, 2000; E. Schein, 1983, 1990, 2004; V. Schein, 2007. Propositions derived from key literature: P1: Executive women in the U.S. banking industry perceive their own degree of emotional intelligence as significantly contributing to their achievement of upward career mobility. P2: Executive women in the U.S. banking industry perceive their sense of self-efficacy as significantly contributing to their achievement of upward career mobility. P3: Executive women in the U.S. banking industry perceive their participation in networking activities as significantly contributing to their achievement of upward career mobility. P4: Executive women in the U.S. banking industry perceive their involvement in mentoring relationships as significantly contributing to their achievement of upward career mobility. P5: Executive women in the U.S. banking industry perceive the corporate culture within their organization as significantly contributing to their achievement of upward career mobility. A purposeful sampling was used to select five women meeting prescribed criteria: • Employed with a U.S. banking institution (Commercial Banks and Savings Institutions) • Hold a corporate title of CEO, President, CFO, COO, CIO, CAO, EVP, or SVP • Geographically located in Mid-Atlantic region of the U.S. • FDIC bank asset size classifications of less than 100 million,100 million to 1 billion, or over 1 billion A semi-structured questionnaire was used to conduct face-to-face in-depth interviews that were recorded using a digital voice recorder and electronically transcribed. ATLAS.ti was used to assist in the data analysis process to derive common themes and findings. Research Question R1) What are the factors that women attribute to their upward career mobility and achievement of executive level positions in the U.S. banking industry? R2) To what extent are internal factors such as emotional intelligence and self-efficacy; or external factors such as networking, mentor relationships, and organizational culture, perceived as significant to women’s ability for upward career mobility? Key Literature & Propositions 12 MAJOR THEMES FROM PARTICIPANT INTERVIEWS 1) Importance of managers as mentors 2) Influence from mentors who were career advocates and provided advancement opportunities 3) Lack of participation in networking activities 4) Avoidance of women networking groups 5) Lack of organizational sponsorship for promoting the advancement of women 6) Neutral impact from corporate culture 7) Direct leadership style 8) Willingness to continuously learn 9) Importance of communication 10) Positive attitude 11) Strong sense of commitment 12) Goal oriented Implications for Management/Future Research The banking industry may adjust their career development programs specifically for women to reflect some of the key findings from this study. For example, several large banks sponsor women only networking groups and mentoring programs that only include women mentors. Additional studies by individual organizations exploring similar potential influential factors may benefit from examining the current perceived factors within their own organization. Word Cloud Created from Participants’ Interview

    Influence of senior executive team culture on managers’ decision making in crisis situations

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    The purpose of this presentation is, focusing on how senior executive team culture affects managers' decision making during crisis situations, to explore effective solutions and strategies for organizations such as community colleges in effectively preparing for and managing crises.The Influence of Senior Executive Team Culture on Managers’ Decision Making in Crisis Situations Kendris J. Brumfield University of Maryland, University College contact: [email protected] keywords: organizational culture, senior executive team culture, decision-making, crisis management, Purpose and Scope of The Research • To focus on how senior executive team culture affects managers' decision making during crisis situations. •To explore effective solutions and strategies for organizations, such as community colleges in effectively preparing for and managing crises.Research Question The following research question will guide this study: Primary Research Question: • Does senior executive team culture influence middle manager decision making in critical incidents? Subquestions: • Does the type of senior executive team culture determine how successful an organization will be in managing a crisis? • What type of crisis outcomes are produced when a hierarchy or top-down senior executive team culture exists within an organization?Significance of this Research for Management • Based on an analysis of their own culture, senior executives will have information to recognize and acknowledge that their leaders must be empowered to make decisions during the time of crisis management. These decisions involve acting decisively and not ambivalently, especially when the loss of life and property is impending.Key Propositions Distilled from the Literature • Where group members possess shared beliefs and values, crisis outcomes of an organization are generally successful. • Managers who possess the passive–defensive cultural style tend to make ambivalent decisions during crisis situations. • Managers who possess the passive–defensive cultural style tend to make ambivalent decisions during crisis situations. • Where there is a balanced and trusting senior executive team culture, managers are empowered to effectively oversee critical incidents. • Where senior executive teams empower their leaders during critical incidents, the outcomes tend to be positive.Main Literature Themes and Authors • Organizational Culture Theory Schein O’Reilly and Chatman Hofstede; Weick • Crisis Management Pearson and Clair Flynn O’Connor • Decision Making Bazerman Simon Conger and Rabindra • Leadership Fiedler House and Aditya KotterSenior Executive Team Artifacts, Espoused Beliefs, Values, and Underlying Assumptions Clan Identity Adhocracy Identity Hierarchy Identity Market Identity Middle Management Decision Making In Crisis Management Constrained Decisions Rational Choices or Decisiveness Organizational Failure Organizational Resiliency Cultural Dimensions Conceptual Framework of Cultural Influence Team Culture Types Decision Influence Decision Types Crisis OutcomesThesis Statement Based on Schein’s Organizational Culture Theory (1996), the guiding theory for this study, suggests that senior executive culture is a subset of organizational culture and expressed that senior executive’ values and beliefs can determine the culture of an organization. Senior executive team culture types influence managers’ decision types and constrained management decisions lead to adverse crisis outcomes.Research Approach & Formation of Argument • The research methodology used in this study involves a systematic review and critical analysis of extant literature. • Developed based on a conceptual model and feedback from subject matter experts. • The literature review involved a critical analysis of scholarly research to understand cultural dimensions, decision-making behaviors, and leadership attributes of executive teams.Findings • An organization’s leadership traits and culture as defined by the executive team will determine how successful an organization is in managing a crisis. • Value sharing or belief sharing occurs among group members and that this sharing directly relates to how senior executive teams share their values and beliefs among the team members, providing direction for the organization.Implications for Management Practice Understand the Executive Team Culture of the Organization • Capability to provide strategies and insights to investigate how elements of the culture may impact organizational crisis performance • Through analyzing their executive team culture, organizational leaders will be able to change values and traits that are barriers for crisis management success. Implications for Management Practice Understand the Relationship between Executive Team Culture and Organizational Performance • Executive Culture influences managers’ decision making and the resulting decisions determine crisis outcomes • Managers and researchers, especially those working in the community college arena can address issues of advancing a firm’s opportunities for resiliency and sustainability after a crisis event and future innovationsFuture Research Agendas • Study role of senior executive team culture influence on radical innovation in crises • Study role of executive team culture influence on employee retention • Conduct case-study research to understand the role of executive culture influence on for-profit educational institutions’ resiliency in an economic down-tur

    Comparing student course grades with their participation in online discussion forums

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    The goals of the research were as follows: 1) To identify strategies for improving student learning through enhanced interaction in UMUC discussion conferences; and 2) To begin to identify those variables [see the literature review section below] related to student course grades. This study looks at student participation in conferences [discussion fora] through 5 semesters of an introductory graduate course in Public Health Administration at UMUC with the goal of helping the presenter improve his use of the conferences. See the Timeline of Activities in Appendix 1 and the Deliverable list in Appendix 2.Fall 2011 Faculty Research Grant Project Summary University of Maryland University College The Graduate School William B. Ward, Adjunct Professor, UMUC HCAD 1. Title and abstract of the research project. The title of the research grant project was “Comparing Student Course Grades with Their Participation in Online Discussion Forums”. The study examined participation in conferences [discussion forums] in a basic Public Health Administration course taught over 5 consecutive semesters. The role of the instructor was also examined. Examination of a course at a second university was dropped at the suggestion of a member of my department and the reality that a comparison would be difficult given the different structure of that course and its forums. 2. Description and goals for the research. The goals of the research were as follows: 1) To identify strategies for improving student learning through enhanced interaction in UMUC discussion conferences; and 2) To begin to identify those variables [see the literature review section below] related to student course grades. This study looks at student participation in conferences [discussion fora] through 5 semesters of an introductory graduate course in Public Health Administration at UMUC with the goal of helping the presenter improve his use of the conferences. See the Timeline of Activities in Appendix 1 and the Deliverable list in Appendix 2. 3. Brief literature review and summary of current knowledge. Examination of discussion forums suggested that that those who participated later had shorter posts and shorter responses. This suggests the hypothesis that a majority of learning takes place early on. It also suggests that more points might be given for early contributions. Perhaps one of the more important issues to be looking at is ‘instructor involvement’. Simmering et al (2004) wrote: “Recent research into VLEs indicates that the role of an instructor and class-mates in online learning is more important than previously thought.” Social Presence Theory appears to be of interest. A confounding variable might be class size in determining the amount and frequency of interaction. (Dringus and Ellis, 2005; and Lee and Rha, 2009) posit that ‘less structured interaction produces more high level contributions.’ The problem is that less structure can also add to minimal contributions and responses by those less involved. There is some evidence of the following in the discussion forum literature: 1) More higher-level knowledge constructions occur in forums with a larger number of participants making postings; 2) There seems to be significant positive correlation between group size & duration of online discussion; 3) No significant correlation found between duration of online discussion & frequency of higher level knowledge construction [Foon & Cheung [2011]. According to Khe Foon Hew and Wing Sum Cheung, “The six main facilitation techniques are as follows: 1) Giving comments or opinions about an issue or topic; 2) Asking questions; 3) Setting ground rules for online discussion; 4) Showing appreciation for some action; 5) Encouraging people to contribute; and 6) Summarizing what has been discussed so far. The research design is simplistic comparing UMUC courses over a five-semester period Palmer et al (2008) observed “that while many students read a significant number of discussion postings, generally, the posting of new and reply messages occurred at the minimum level required qualifying for the assignment marks.” 4. Hypotheses generated and tested 1. Students who provide new posts earlier will have higher course grades [rejected but revised to Earlier new posts will have higher numbers of response posts 2. ]; The total number of words in a student’s post notes will be related to her/his overall course 3. grade. [Rejected] The average number of responses by a specific student will be related to the overall course 4. grade of the student. [Some support] The relevance of the post note to the forum /conference will be related to the student’s overall course grade. 5. [Partially supported] There will be a correlation between level of activity in the conference by the instructor and by the students [supported only in ungraded conferences 5. Study summary There is need for models of andragogy rather than [pedagogy. Possible models are the SOLO Taxonomy http://prs.heacademy.ac.uk/view.html/PrsDiscourseArticles/208, the Information Processing Model http://msucares.com/health/health/appa1.htm , and the Theory of Reasoned Action model http://msucares.com/health/health/appa1.htm which aim at behavior change. For the study, the majority of the hypotheses did not pan out. In hindsight, the lessons learned, for the moment, have to be as follows: 1) Give credit for all contributions that meet the word limits 2) Give additional credit for earlier new threads 3) Give additional credit for correctly referenced contributions 4) Provide more initial guidance as to conference expectations 5) Have fewer conferences 6) Provide a slightly longer time frame for the conferences and avoid overlapping conferences 7) The role of the instructor should be more of a facilitative one rather than as a blessor of the posts. Numbers 5 and 6 have been implemented in spring 2012 and the others are planned for Summer 2012. 6. Expected benefits to you, to your program, to your students, and/or to UMUC. As an instructor relatively new to the UMUC system [12/2008], I feel the process has helped facilitate my use of WebTycho conferencing. In spring 2012, I have made some changes to conference organization and students seem more involved in the conferences than in the past [my assessment]. There are additional changes based on the research findings that I plan on implementing by summer 2012. I assume that there may be other relatively new UMUC faculty who could also benefit from the findings through publicizing of the revised presentation. If published, the article might help to increase the already considerable image of UMUC as a leading institution for online graduate studies 7. Target publication or conference for disseminating the research results. The research was accepted for presentation at Sloan 2011 and was presented on 11/9/11: http://sloanconsortium.org/conferences/2011/aln/comparing-student-course-grades-their-participation-online-discussion-forums I plan to submit a manuscript to one of the following journals: the Journal of Technology in Human Services, the Online Journal of Distance Learning, Distance Education, or the Journal of Interactive Learning Research based on study findings.Appendices 1. Timeline of research tasks and when they will be completed. The following table lists research project activities and time frame for the proposed research study. Step Research Activity Time Period 1 Comprehensive Lit Review July/September 2011 2 Refining of Hypotheses August/September 2011 3 Development of Data Variables September/October 2011 4 Entry of Data into Database [EXCEL] September/October 2011 5 Development of Charting formats September/October 2011 6 Cleaning of Database Errors September/October 2011 7 Data Runs September/October 2011 8 Testing of Hypotheses September/October 2011 9 Report/Manuscript Draft September/October 2011 10 Presentation @ Sloan Orlando 2011 November 9, 2011. 11 Presentation Revision Based on Feedback December 2011/January 2012 12 Revised Presentation Submission February 1, 2012 13 Summary Report Submission to UMUC Graduate Dean February 3 2012 14 Plan to Submit Manuscript for Publication February/March 2012 2. Deliverable outcomes of the research. a. A framework for UMUC WebTycho conference data analysis b. Development of a revised conference scoring matrix. c. Presentation of study findings at the Sloan 2011 Conference in Orlando, FL http://sloanconsortium.org/aln d. Submission of a revised presentation with narration to UMUC. e. Data permitting the submitting of a manuscript to a journal focusing on online education research. Fall 2011 Faculty Research Grant Project Summary University of Maryland University College The Graduate School William B. Ward, Adjunct Professor, UMUC HCAD 1. Title and abstract of the research project. The title of the research grant project was “Comparing Student Course Grades with Their Participation in Online Discussion Forums”. The study examined participation in conferences [discussion forums] in a basic Public Health Administration course taught over 5 consecutive semesters. The role of the instructor was also examined. Examination of a course at a second university was dropped at the suggestion of a member of my department and the reality that a comparison would be difficult given the different structure of that course and its forums. 2. Description and goals for the research. The goals of the research were as follows: 1) To identify strategies for improving student learning through enhanced interaction in UMUC discussion conferences; and 2) To begin to identify those variables [see the literature review section below] related to student course grades. This study looks at student participation in conferences [discussion fora] through 5 semesters of an introductory graduate course in Public Health Administration at UMUC with the goal of helping the presenter improve his use of the conferences. See the Timeline of Activities in Appendix 1 and the Deliverable list in Appendix 2. 3. Brief literature review and summary of current knowledge. Examination of discussion forums suggested that that those who participated later had shorter posts and shorter responses. This suggests the hypothesis that a majority of learning takes place early on. It also suggests that more points might be given for early contributions. Perhaps one of the more important issues to be looking at is ‘instructor involvement’. Simmering et al (2004) wrote: “Recent research into VLEs indicates that the role of an instructor and class-mates in online learning is more important than previously thought.” Social Presence Theory appears to be of interest. A confounding variable might be class size in determining the amount and frequency of interaction. (Dringus and Ellis, 2005; and Lee and Rha, 2009) posit that ‘less structured interaction produces more high level contributions.’ The problem is that less structure can also add to minimal contributions and responses by those less involved. There is some evidence of the following in the discussion forum literature: 1) More higher-level knowledge constructions occur in forums with a larger number of participants making postings; 2) There seems to be significant positive correlation between group size & duration of online discussion; 3) No significant correlation found between duration of online discussion & frequency of higher level knowledge construction [Foon & Cheung [2011]. According to Khe Foon Hew and Wing Sum Cheung, “The six main facilitation techniques are as follows: 1) Giving comments or opinions about an issue or topic; 2) Asking questions; 3) Setting ground rules for online discussion; 4) Showing appreciation for some action; 5) Encouraging people to contribute; and 6) Summarizing what has been discussed so far. The research design is simplistic comparing UMUC courses over a five-semester period Palmer et al (2008) observed “that while many students read a significant number of discussion postings, generally, the posting of new and reply messages occurred at the minimum level required qualifying for the assignment marks.” 4. Hypotheses generated and tested 1. Students who provide new posts earlier will have higher course grades [rejected but revised to Earlier new posts will have higher numbers of response posts 2. ]; The total number of words in a student’s post notes will be related to her/his overall course 3. grade. [Rejected] The average number of responses by a specific student will be related to the overall course 4. grade of the student. [Some support] The relevance of the post note to the forum /conference will be related to the student’s overall course grade. 5. [Partially supported] There will be a correlation between level of activity in the conference by the instructor and by the students [supported only in ungraded conferences 5. Study summary There is need for models of andragogy rather than [pedagogy. Possible models are the SOLO Taxonomy http://prs.heacademy.ac.uk/view.html/PrsDiscourseArticles/208, the Information Processing Model http://msucares.com/health/health/appa1.htm , and the Theory of Reasoned Action model http://msucares.com/health/health/appa1.htm which aim at behavior change. For the study, the majority of the hypotheses did not pan out. In hindsight, the lessons learned, for the moment, have to be as follows: 1) Give credit for all contributions that meet the word limits 2) Give additional credit for earlier new threads 3) Give additional credit for correctly referenced contributions 4) Provide more initial guidance as to conference expectations 5) Have fewer conferences 6) Provide a slightly longer time frame for the conferences and avoid overlapping conferences 7) The role of the instructor should be more of a facilitative one rather than as a blessor of the posts. Numbers 5 and 6 have been implemented in spring 2012 and the others are planned for Summer 2012. 6. Expected benefits to you, to your program, to your students, and/or to UMUC. As an instructor relatively new to the UMUC system [12/2008], I feel the process has helped facilitate my use of WebTycho conferencing. In spring 2012, I have made some changes to conference organization and students seem more involved in the conferences than in the past [my assessment]. There are additional changes based on the research findings that I plan on implementing by summer 2012. I assume that there may be other relatively new UMUC faculty who could also benefit from the findings through publicizing of the revised presentation. If published, the article might help to increase the already considerable image of UMUC as a leading institution for online graduate studies 7. Target publication or conference for disseminating the research results. The research was accepted for presentation at Sloan 2011 and was presented on 11/9/11: http://sloanconsortium.org/conferences/2011/aln/comparing-student-course-grades-their-participation-online-discussion-forums I plan to submit a manuscript to one of the following journals: the Journal of Technology in Human Services, the Online Journal of Distance Learning, Distance Education, or the Journal of Interactive Learning Research based on study findings.Appendices 1. Timeline of research tasks and when they will be completed. The following table lists research project activities and time frame for the proposed research study. Step Research Activity Time Period 1 Comprehensive Lit Review July/September 2011 2 Refining of Hypotheses August/September 2011 3 Development of Data Variables September/October 2011 4 Entry of Data into Database [EXCEL] September/October 2011 5 Development of Charting formats September/October 2011 6 Cleaning of Database Errors September/October 2011 7 Data Runs September/October 2011 8 Testing of Hypotheses September/October 2011 9 Report/Manuscript Draft September/October 2011 10 Presentation @ Sloan Orlando 2011 November 9, 2011. 11 Presentation Revision Based on Feedback December 2011/January 2012 12 Revised Presentation Submission February 1, 2012 13 Summary Report Submission to UMUC Graduate Dean February 3 2012 14 Plan to Submit Manuscript for Publication February/March 2012 2. Deliverable outcomes of the research. a. A framework for UMUC WebTycho conference data analysis b. Development of a revised conference scoring matrix. c. Presentation of study findings at the Sloan 2011 Conference in Orlando, FL http://sloanconsortium.org/aln d. Submission of a revised presentation with narration to UMUC. e. Data permitting the submitting of a manuscript to a journal focusing on online education research

    Preferred feedback mechanisms in online accounting & finance education: Evidence from UMUC

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    This research utilizes an online questionnaire survey to assess student perceptions of feedback in online accounting & finance courses at the University of Maryland University College (UMUC). Existing literature demonstrates that students studying accounting & finance at the tertiary level are generally dissatisfied with the feedback they receive. The primary objective of this research is to identify the type of feedback mechanisms that are preferred by online accounting and finance students. Furthermore, our research analyzes whether preferred feedback mechanisms differ across student types (e.g. graduate vs. undergraduate, accounting vs. finance, traditional vs. non-traditional). Our preliminary findings indicate that students (particularly graduate students) prefer timely personalized feedback. This finding is unaffected by the „student type‟. Our results suggest that any efforts to increase the speed and personalization of feedback at UMUC will increase student satisfaction

    Ability to advance knowledge in a trans-global learning environment

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    Knowledge is an invaluable commodity whose transference must be facilitated by educators through technological means. Thus, while the boundaries of “traditional society” appear to be stretching beyond the breaking point, those who guide a techno-savvy generation to lifelong learning must be willing to adapt their message to an electronic forum.1 The Ability to Advance Knowledge in a Trans-Global Learning Environment Suzane L. Bricker, M.A. Adjunct Assistant Professor at the School of Undergraduate Studies at University of Maryland University College Academic Writing Department (online division) Abstract: Knowledge is an invaluable commodity whose transference must be facilitated by educators through technological means. Thus, while the boundaries of “traditional society” appear to be stretching beyond the breaking point, those who guide a techno-savvy generation to lifelong learning must be willing to adapt their message to an electronic forum. Imagine the concept of being able to establish a fully meaningful relationship with someone that you will probably never meet, but with whom you are frequently able to share knowledge and information about your mutual backgrounds, interests, goals, and experiences. And, during the course of this communication process, which lasts only about 13 weeks; you are able to greatly advance your academic knowledge and skills through an ongoing exchange that is facilitated by someone who both recognizes and supports your lifelong quest to remain an active learner. Such scenarios, which were once merely fodder for the intricate plots of science fiction novels, are fast becoming commonplace, thanks to the continuing expansion of distance learning options. Accordingly, one of the most beneficial aspects of being able to supplant a conventional brick-and-mortar lecture hall with the virtual classroom setting is that students from all sectors of the globe can participate. And by doing so, the distance learner can engage in meaningful exchanges with instructors and classmates through a broad channel of communication that is designed to transcend traditional geographic boundaries. Thus, for a techno-savvy generation, whose introduction to computers is often linked to initial presence on a social networking site, the “virtual learning platform of the future” is available today, and offers a much more realistic and viable option for “world citizens” to live and work in a “globalized society” (Magano and Carvalho 17). Consequently, through the increasing frequency of synchronous and asynchronous cyberspace exchanges in interactive learning activities, a mounting body of evidence is rapidly becoming available to support the central premise that online education increases the quality of knowledge transfer overall. 2 So, for the contemporary generation of students engaged in higher learning, whose thumbs can manipulate cell phone key pads faster than a light switch, and whose range of emotional commentary on interactive websites is as trackable as seismic activity on a Richter scale, skills which were once exclusive to establishing presence in a global chat room, now provide the basic tools to succeed in a virtual learning environment. However, for a transition from real-time learning to virtual classrooms to sustain longevity, it is essential that educators freely acknowledge their respective roles in facilitating this evolutionary process. Yet, it appears that this challenge is easier for some to embrace than for others. For, as online educator and researcher Robert Hogan points out in his recent essay on roadblocks to the systemization of distance learning options, “ … moving from the podium to the keyboard may be frightening” (289). And, in truth, it is understandable that those of us who were schooled before the pop-culture term, “virtual communication,” had been introduced into the English language, would find the adjustment to E-learning techniques to be quite daunting. However, should we choose to ignore the advantages of fusing electronic communications into the 21-century classroom, we will not be sufficiently able to meet the demands of a techno-savvy generation who seek our guidance in obtaining knowledge within the construct of an electronic forum. Thus, as distance learning researchers and co-authors, Jose Magano and Carlos V. Carvalho, clearly state: “Above all, the construction of a shared vision and understanding of the role of technology in higher education institutions is required” (17). Indeed, transmitting messages in a web-based environment allows educators to communicate more directly with their students; thereby, reducing the level of distortion in the delivery of core learning concepts. In other words, like it or not; prepared or not, technology is our future, and it is therefore our responsibility as educators to show students how they can best utilize these electronic tools to maximize their learning potential. And, by so doing, we are acknowledging that such changes in the traditional classroom structure do not diminish our capacity to teach; but, instead, enhance our ability to guide a new generation of scholars and entrepreneurs toward the attainment of their respective goals. So, as present-day educators, the real issue becomes, not whether we are willing to accept our role in challenging students to achieve their academic potential in a virtual learning environment; but, whether we can overcome our own resistance to fully embracing such innovative techniques. For, as more and more of our students choose to advance their skills through E-learning, it is up to us to construct a corridor that leads into a transnational channel for the transfer of knowledge. Conversely, should we choose to remain tied to the rigid instructional methods of the past, we are limiting opportunities for an increasing number of students, whose physical presence in a classroom is prohibited by personal or professional commitments. Consider, for example, the case of a young enlistee who participated in my online class last term. While she had recently been deployed overseas; nonetheless, she retained a strong desire to obtain her college degree before she completed her tour of duty. However, her ability to participate in classroom discussions or to submit required writing assignments was restricted to when the military allowed her access to a computer. Therefore, this highly-motivated individual 3 would have been unable to pursue her goal, if a traditional classroom setting was her only available option. And so, the question that naturally begs to be asked is: Why should someone, who so eagerly prioritizes her country’s needs over her own, not be entitled to the same quality learning options as another individual who has not made this type of brave commitment? The answer is obvious: both student populations deserve equal access. Thus, for this young recruit, the opportunity to participate in a classroom situation that offers an online delivery option means that she can achieve the same learning outcomes as any student who has set similar objectives. This anecdotal reference to the unique challenges that many of our students face, reinforces the concept that, as educators, we must facilitate access to a quality learning environment for all those who seek to obtain a degree. Therefore, we need to recognize when our students’ need to balance personal and professional responsibilities interfere with demanding class schedules, or when sudden economic or job losses make affordability an issue, or, when the impact of unique social, cultural, or age-related barriers minimize the benefits of face-to-face learning options. And, as we become more attuned to these issues that impact our students’ ability to achieve their goals, we must also admit that, as educators of the 21st century, we, ourselves, have much to learn. No longer can we assume that conventional teaching methods will enable us to best serve the needs of those who enroll in institutions of higher learning. In fact, according to an article in the Online Journal of Distance Learning Administration that was co-authored by Scott L. Howell, PhD and Peter B. Williams, M.S. of Brigham Young University, and Nathan K. Lindsay, M.S. of the University of Michigan, “Today’s adult learners differ still from traditional college-age students. They are motivated by professional advancement, external expectations, the need to better serve others, social relationships, escape or stimulation, and pure interest in the subject. Their demands include time and scheduling, money, and long-term commitment constraints” (Howell, Williams and Lindsay). So, we must recognize that, as the characteristics of these learners change, we have to make adjustments in our delivery methods as well. Similarly, this evolving student portrait challenges us to be more responsive to those whose needs which may have previously been sidelined or even ignored. As a result, when national statistics indicate that: “Between 1976 and 2008, increases in undergraduate enrollment were greatest among Hispanics and Asians/Pacific Islanders,” and women accounted for 57 percent of new undergraduates and 64 percent of incoming black students,” as educators, we have no choice but to acknowledge and adapt to such variances in the images of traditional undergraduates (Aud, Fox and KewalRamani). And, when research also shows that the growth of online enrollment is increasing faster than the general rate at colleges and universities overall, we must redefine our roles as facilitators before we “set foot” into the virtual classroom (Allen and Seaman). Indeed, as we begin to update our lesson plans, we would be wise to heed Socrates cautionary words: “There is only one good, knowledge, and one evil, ignorance” (Huss, Mastrangelo and Smith). For, even if we struggle with the task of infusing new technology into our curriculum, we must remember that it is our students, not us; who have chosen this pathway to learning. Therefore, our duty is and always will be to effectively guide those who seek such intangible rewards. And, if we are to take our roles in this educational process seriously, we need to work together toward eliminating barriers of distance or design that inhibit progress. Consequently, by first learning 4 how to open new doors to knowledge transfer, we can proudly say that we are well-equipped to lead new generations of collegiate learners toward the attainment of their respective goals. 5 Works Cited Allen, I. E. and J. Seaman. "Class Differences: Online Education in the United States, 2010." 2010. Babson Survey Research Group. 18 May 2011 . Aud, S, M. Fox and A KewalRamani. "Status and Trends in the Education of Racial and Ethnic Minorities." Educational Demographic Patterns. Washington, DC: U.S. Department of Education, National Center for Education Statistics, 2010. Hogan, Robert. "Societal Issues, Legal Standards, & International Realities Universities Face in the Distance-Learning Market." Holim, Song. Distance Learning Technology, Current Instruction, and the Future of Education: Applications of Today, Practices of Tomorrow. Hershey: Information Science Reference, 2010. 284-300. Howell, PhD , Scott L., M.S. , Peter B. Williams and M.S., Nathan K. Lindsay. "Thirty-two Trends Affecting Distance Education: An Informed Foundation for Strategic Planning." 2003. Online Journal of Distance Learning Administration. 14 May 2011 . Huss, Bernhard, et al. "The Unknown Socrates: Translations, With Introductions and Notes, of Four Important Documents in the Late Antique Reception of Socrates the Athenian." Wauconda: Bolchazy Carducci Publishers, Inc., 2002. Magano, Jose and Carlos V. Carvalho. "From Traditional Teaching to Online Learning" Revolution or Evolution." Song, Holim. Distance Learning Technology, Current Instruction, and the Future of Education: Applications of Today, Practices of Tomorrow . Hershey: Information Science Reference, 2010. 17-26. Suzane L. Bricker, M.A. Adjunct Assistant Professor School of Undergraduate Studies University of Maryland University College Academic Writing Department (online division) Educators must “guide” a techno-savvy generation . Technology facilitates the most direct route of such knowledge transfer. Adaptability to electronic forums helps to promote active and lifelong learning. The Need to Introduce a New Classroom Setting Goal: To remain active learners Response: Virtual environment greatly expands options for ongoing exchanges of knowledge and information. Benefits of Distance Learning to Students Goal: To share knowledge and develop meaningful interactions with classmates. Response: Enables trans-global transmission of ideas and feedback. Benefits of Distance Learning to Students Students can share information with instructors and classmates through a broad channel of communication. Enables participation from all sectors of the globe. Teaching platform transcends traditional geographic boundaries which have been established by brick-and-mortar classrooms. Advantages to a Virtual Classroom Setting Social networking skills provide the basic tools to succeed in a virtual learning environment. Offers ideal environment for educators to meet the needs of a 21st-century classroom. Joins instructor and student in benefiting from the enhanced role of technology in education. Reduces distortion in communication channel; thereby enabling delivery of core learning concepts. Easy Access to Information Technology is our future, and thus, as educators, we must be willing to utilize these electronic tools in order to maximize our students’ learning potential. Introduction of such innovative techniques into the classroom better equips our students to achieve their respective academic and career goals. Barriers to learning are removed, when concrete walls are replaced by a transnational channel of communication that enables direct transfer of knowledge. Accepting the Challenge The rigid construct of a brick-and-mortar classroom limits opportunities for an increasing number of students, whose physical presence is prohibited by personal or professional commitments. Physical location should not be a prohibitive factor for students to achieve their long-term goals. Online delivery options reach out to students for whom such opportunities were nonexistent . Overcoming Resistance Online enrollment rates are climbing faster than statistics on traditional classroom participation. The image of the “traditional” college student has changed. When the characteristics of these learners change, we must be willing to make adjustments in our own delivery methods . Our students have the right to demand that we be responsive to their needs. We must equip ourselves to guide new generations along this updated pathway to learning. The Time for Change is No

    Executive scorecard: Evaluating a CEO’s performance using the balanced scorecard and stakeholder theory approach

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    Despite executive pay being closely scrutinized, the recent financial debacle in 2008 spring boarded executive compensation to the attention of the news, the public and the government. This study reviews the history of executive compensation and the findings of quantitative and qualitative studies concerning executive compensation in relation to excessive pay, firm size, agency theory, pay in other countries, pay-for-performance, and motivation. Various models including the Stakeholders‟ model, Total Reward approach, and the Balanced Scorecard are reviewed to see the possible ways management can approach executive compensation. Using the literature on stakeholder theory and the Balanced Scorecard, a conceptual framework (Executive Scorecard) is developed that provides organizations the ability to formulate executive goals that are translated into a set of measures that align executive compensation with a firm‟s goals and objective while meeting stakeholder expectations. The study concludes with a discussion of the findings of the research and a discussion of the implications for management practitioners and trends for future research.An Executive Scorecard: Evaluating a CEO’s Performance Using the Balanced Scorecard and Stakeholder Theory Approach By Patricia A. Beckenholdt Dissertation submitted to the Faculty of the Graduate School of the University of Maryland University College, in partial fulfillment of the requirements for the degree of Doctor of Management 2011 Dissertation Advisory Committee: James P. Gelatt, Ph.D. Katherine Edwards, Ph.D. Michael Evanchik, Ph.D. John Glennie, Ph.D. ii Abstract Despite executive pay being closely scrutinized, the recent financial debacle in 2008 spring boarded executive compensation to the attention of the news, the public and the government. This study reviews the history of executive compensation and the findings of quantitative and qualitative studies concerning executive compensation in relation to excessive pay, firm size, agency theory, pay in other countries, pay-for-performance, and motivation. Various models including the Stakeholders‟ model, Total Reward approach, and the Balanced Scorecard are reviewed to see the possible ways management can approach executive compensation. Using the literature on stakeholder theory and the Balanced Scorecard, a conceptual framework (Executive Scorecard) is developed that provides organizations the ability to formulate executive goals that are translated into a set of measures that align executive compensation with a firm‟s goals and objective while meeting stakeholder expectations. The study concludes with a discussion of the findings of the research and a discussion of the implications for management practitioners and trends for future research. Key Words: Agency Theory, Balanced Scorecard, Executive Compensation, Pay-for-Performance, Stakeholder Theory iii Dedication I dedicate this dissertation to my dearest children, Lindsay, Joel, and Paul who have spent their lives journeying down my educational path. Their love, support, and understanding of my need for lifelong learning are most graciously appreciated. “We now accept the fact that learning is a lifelong process of keeping abreast of change.” --Peter Drucker iv Acknowledgments I would like to thank all of the people who supported me through this challenging yet rewarding program. To my children, who supported me over the past three years…a huge thank you! A special thanks to my friends Mary and Barbara, who spent countless hours shopping, going to the movies, and having dinners and breakfasts during semester breaks. I cannot thank you enough for always being there for me. To my sister, Marlene, who has supported me in more way than imagined over the years, and especially through my time in this program! Many thanks to my expert panelists, Dr. James O‟Brien, Mr. Thomas Ettinger, and especially Dr. Liliana Meneses, who read through my paper, provided sound advice, and shared ideas. I would like to acknowledge and thank my colleagues with whom I journeyed through the doctoral program. You have been a wonderful group of people to share this experience and I appreciate your support and encouragement. Finally, I would like to thank the University of Maryland University College faculty for their dedication to teaching in the doctorate program. v Table of Contents Abstract .............................................................................................................................. ii Dedication ......................................................................................................................... iii Acknowledgement ............................................................................................................ iv Table of Contents .............................................................................................................. v Chapter One: Introduction .............................................................................................. 1 1.1:Research Problem ............................................................................................. 1 1.2: Significance of Problem to Management......................................................... 3 1.3: Purpose of Study .............................................................................................. 5 1.3.1: Research Questions ................................................................................ 6 1.4: Definition of Terms ......................................................................................... 7 1.4.1: "Executive" Defined ................................................................................ 7 1.4.2: Types of Compensation ........................................................................... 7 1.4.2.1: Base Salary ........................................................................................ 8 1.4.2.2: Incentive Awards ............................................................................... 9 1.4.2.3: Benefits and Allowances in Kind .................................................... 10 1.4.2.4: Long-term Incentive Compensation ............................................... 10 1.5: Assumptions................................................................................................... 10 1.6: Chapter One Summary and Organization of Dissertation ............................. 11 Chapter Two: Literature Review .................................................................................. 13 2.1: Introduction .................................................................................................... 13 2.2: Components of Salary .................................................................................... 13 2.3: History of Compensation .............................................................................. 20 vi 2.4: Comparison of CEO Salary to Average Worker... ........................................ 27 2.5: Excessive Pay ............................................................................................... 28 2.6: Comparison of U.S. Compensation to Other Countries................................. 31 2.7: Regulatory and Legal Intervention ................................................................ 34 2.8: Agency Theory .............................................................................................. 36 2.9: Relationship between Pay and Size of Firm ................................................. 38 2.10: Relationship between Pay and Performance ............................................... 42 2.11: Relationship between Pay and Motivation .................................................. 45 2.12: Total Rewards Model................................................................................... 47 2.13: Stakeholders' Model ..................................................................................... 50 2.13.1: Stakeholders' Expectations ....................................................................... 52 2.14: Balanced Scorecard...................................................................................... 57 2.15: Theoretical Lens and Summary ................................................................... 61 Chapter Three: Conceptual Model ............................................................................... 64 3.1: Introduction ................................................................................................... 64 3.2: Applying the Balanced Scorecard to Strategy .............................................. 64 3.3: Applying the Balanced Scorecard and Stakeholders' Model to Executive Compensation ............................................................................... 65 3.4: Designing an Executive Scorecard ................................................................ 67 3.5: Stakeholders' .................................................................................................. 68 3.6: Evaluating Executive Performance ............................................................... 72 3.7: The Need for an Effective Evaluation ........................................................... 73 3.8: Creating the Evaluation ................................................................................. 75 vii 3.8.1: Step One: Identifying key stakeholders ............................................... 75 3.8.2: Step Two: Defining stakeholders' expectations ................................... 76 3.8.3: Step Three: Setting the CEO's goals and objectives ........................... 78 3.8.4: Step Four: Defining key performancemeasures ................................... 79 3.8.5: Step Five: Developing metrics for setting targets ................................ 83 3.9: Completed Scorecard .................................................................................... 85 3.10: Managing Executive Scorecard Weaknesses .............................................. 93 3.11: Summary ..................................................................................................... 93 Chapter Four: Methodology .......................................................................................... 94 4.1: Research Process............................................................................................ 94 4.2: Evidence-based Research .............................................................................. 96 4.3: Application of Evidence-based Research ...................................................... 96 4.4: Use of Expert Panel ....................................................................................... 96 4.5: Summary ........................................................................................................ 97 Chapter Five: Analysis and Discussion ......................................................................... 98 5.1: Question 1 ...................................................................................................... 98 5.2: Question 2 .................................................................................................... 101 5.3: Question 3 .................................................................................................... 102 5.4: Question 4 .................................................................................................... 105 5.5: Chapter Summary ........................................................................................ 106 Chapter Six: Conclusions, Implications and Trends ................................................. 107 6.1: Conclusions .................................................................................................. 107 6.2: Implications for Management ...................................................................... 109 viii 6.3: Implication of Trends................................................................................... 111 6.4: Limitations and Areas for Future Research ................................................. 114 6.5: Summary ...................................................................................................... 115 List of Figures ...................................................................................................................... Figure 1: Schematic of stakeholder theory .......................................................... 52 Figure 2: Balanced Scorecard .............................................................................. 58 Figure 3: Performance Evaluation Process .......................................................... 74 List of Tables ....................................................................................................................... Table 1: CompensationTerms Defined .................................................................. 8 Table 2: Performance Measures ........................................................................... 17 Table 3: Timeline - History of Compensation ..................................................... 20 Table 4: 2009 CEO Compensation ...................................................................... 26 Table 5: Stakeholders' Expectations Document ................................................... 77 Table 6: CEO's Goals and Objectives .................................................................. 78 Table 7: Performance Measures ........................................................................... 80 Table 8: Explanation for Selection of Performance Measures ............................ 82 Table 9: Executive Scorecard Targets ................................................................. 84 Table 10: Completed Executive Scorecard .......................................................... 89 References ...................................................................................................................... 117 Appendix A (Panel Member 1) ................................................................................... 129 Appendix B (Panel Member 2) .................................................................................... 132 Appendix C(Panel Member 3) ..................................................................................... 135 Chapter One: Introduction 1.1: Research Problem As organizations are faced with doing business in an increasingly competitive global market, executive compensation has become a more complex and controversial issue. The financial crisis of 2008 has brought the topic of executive compensation to the forefront of the news, raising criticism and debate from investors, the public, and the government over what they consider unacceptable and inappropriate pay packages. Although the recent executive compensation controversy has focused on the financial service industry with firms such as American International Group (AIG), Bear Stearns, and Goldman Sachs, the resulting initiatives (ex: more transparency of compensation, more corporate governance) are aimed at the entire public-company arena (Hodak, 2010). Executive compensation started out as simple as executives receiving compensation in the form of salary (Ellig, 2006), and has evolved into a complex pay system that substantially rewards Chief Executive Officer‟s (CEO‟s) and senior executives for their services. Firm size has been shown to play a role in how much CEO‟s receive in compensation, with CEO‟s of larger firms receiving compensation that far exceeded the salaries of their counterparts at smaller firms (Agarwal, 1981). The literature review in Chapter Two provides a more comprehensive discussion of the history of executive compensation and the relation to firm size. In more recent years, executive compensation has been headline news due to skyrocketing CEO compensation of US firms, especially in comparison to stagnant wage growth for the average employee (Agarwal, 2010). Much of the concern relates to executive compensation practices that bear questionable relationship to a company‟s financial performance (O‟Reilly & Main, 2007), which will be discussed further in 2 Chapter Two. Further, public awareness has raised the question of whether senior executives deserve to receive the huge amounts of compensation received. There is concern as to who should have a say, and how corporations should design an executive compensation package to meets the criteria of stakeholders so everyone benefits to some degree. The problem is not only the amount senior executives earn but how they are paid. The last fifteen years have seen a shift in executive compensation from a cash-based (fixed salary and bonus) pay system to an equity-based pay system (stock options and methods of pay-for-performance) (Barrington and Hallock, 2009). Corporate board directors and compensation committees are faced with new challenges as they attempt to find the right balance between providing meaningful compensation for performance and avoiding what government regulators and the public believe are extravagant payouts for taking on a level of risk that jeopardizes meeting established performance goals. Beyond meeting the ever-expanding legal and regulatory requirements, board members are also confronted with motivating and retaining good performance from executives while managing change-of-control provisions and severance packages that can result in high CEO payouts (Steinberg, 2009). Additionally, the board and compensation committee is tasked with aligning CEO and other top executives‟ compensation with a company‟s strategy. Ferracone & Gershkowitz (2010) suggest executive compensation be a derivative of corporate strategy that drives value for shareholders. The economic value created has a direct influence on compensation plans to include the pay mix, selection of performance metrics, and the setting of goals (p. 17), all of which should be easily understandable. Appropriate performance measures need to be in place to motivate a CEO‟s behavior that is also in the shareholder‟s best interest 3 while effectively measuring both short-term and long-term performance (Steinberg, 2008). 1.2: Significance of Problem to Management Executive compensation has taken a front and center position in the wake of the financial crisis of 2008. Although not new to controversy, executive compensation came under scrutiny when companies such as American International Group, Inc. (AIG) received bailout funds only to later report that executives continued to received bonuses and perks. Edward M. Liddy, Chairman and CEO of AIG, and New York‟s Attorney General, Andrew Cuomo, met and came to an agreement to help recover bonuses and other payments paid out in bailout funds. Cuomo considered the 8milliondollarsthatwasplannedforexecutiveperksandjunketstobeunwarrantedandoutrageous(McLeod,2008,p.1).Tomakemattersworse,inJuly2009,AIGannouncedplanstopaytheremainingquarterlybonusesthatwerepartofaconcessionthatAIGhadagreedtodelay.AIGexecutivesreceivedapproximately8 million dollars that was planned for executive perks and junkets to be “unwarranted and outrageous” (McLeod, 2008, p. 1). To make matters worse, in July 2009, AIG announced plans to pay the remaining quarterly bonuses that were part of a concession that AIG had agreed to delay. AIG executives received approximately 9.6 million in bonuses representing half of their 2008 bonuses with two more quarterly disbursements expected (Dennis and Cho, 2009). With so many large corporations on the brink of financial collapse, U.S. regulators began discussing the need for changes to executive compensation policies and transparency. Public outcry fostered organizations to rethink how they determine executive compensation. In an effort to improve executive accountability, many shareholders wanted a say-on-pay and to have their votes count as more than advisory votes (Albano, Alcock, Emberger, LaPorte, & Bonnett, 2011). It has been suggested by President Obama‟s administration that say-on-pay will allow shareholders and members 4 of the board a way to express their opinions, resulting in a collaborative effort to design a compensation package that will encourage executives to maximize long-term corporate goals and wealth (U.S. Dept. of Treasury Fact Sheet, 2009). The stakeholder concept of the organization implies that maintaining favorable relationships and affiliations with internal and external stakeholders is known to play an important role in generating current and future wealth (Susnienẻ and Sargunas, 2009). Ferrell (2004) noted that consumers identify with organizational images that are congruent with their self-identity, so when there is negative perception of an organization, consumers separate from an organization. When there is a perception that an organization has created an ethical corporate culture based on leadership and commitment to values that stress the importance of stakeholder relationships, an organization will be better prepared to maintain satisfactory relationships with all stakeholders. Hartzell and Starks (2003) performed a study that showed a positive relationship between institutional investor ownership and performance sensitivity of executive compensation and a negative relationship between ownership and the level of compensation. The study, which will be discussed in detail in Chapter Two, is relevant in that it shows that institutional investors influence executive compensation and play an integral role in the monitoring of expenses emphasizing good leadership as a priority. Evans and Hefner (2009) argue that CEO‟s who are socially responsible are those who consider the effects of takeovers and the presence of severance agreement clauses on stakeholders. Compensation committees are tasked with linking executive pay to performance or face tax consequences that impact both executive and company. For example, under the Internal Revenue Code Section 162(m), the employer can lose a tax 5 deduction and the executive is subject to a 20 percent excise tax on excess parachute payments if there

    Including Engaging Dynamic Content in WebTycho Conferences - DE Oracle

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    DE Oracle @ UMUC An Online Learning Magazine for UMUC Faculty Center for Support of Instruction Including Engaging Dynamic Content in WebTycho Conferences Laddie Odom Multimedia Producer Center for Support of Instruction Published: January-February 2011 Category: » Online-pedagogy » Teaching-strategies Introduction This article examines the benefits of using Open Educational Resources (OERs), discusses how to find dynamic content from non-educational providers and make it instructionally relevant, and reviews various methods for including dynamic OER content within the WebTycho conference area. It also links to a tutorial on how to embed objects in WebTycho conferences. OERs and Their Benefits According to Rawson and Thomes (2008), "OERs are any type of educational material that are freely available for teachers and students to use, adapt, share, and reuse. OERs include learning content such as videos, audio clips, images, lecture notes, reading lists, course assignments, syllabi and lesson plans, textbooks, data, instructional games, tests and quizzes, etc." Because OERs have already been developed by other people and organizations, faculty can easily incorporate them as supplements to their existing course materials and not have to bear the burden of creating the resource themselves. Dynamic OERs can assist faculty in fostering discussion because they provide a more interactive mode of content delivery than plain text. Interactive content also helps address the needs of different learning styles. In a government-funded research report, Crook et al. (2008) documented several benefits that come from providing dynamic content in the online classroom, including that it stimulates new modes of inquiry, creates new opportunities for collaborative learning, allows students to engage with new literacies, and encourages proficiency in the publication of content. The report also indicated that faculty can encourage students to research and share relevant OERs, which can foster a sense of ownership, audience engagement, and peer assessment. In short, OERs can help the teaching and learning process in a variety of ways. Finding OERs and Using them Appropriately Numerous OERs are available and waiting to be used. Rawson and Thomes (2008) detail where to find them from known educational content providers and how to evaluate those resources. But OERs can be discovered in other (seemingly unlikely) places such as video hosting Web sites if faculty are willing to think outside the box. A video on one of these sites may seem self-contained, but by writing around that video and explaining why it is important (or what important ideas can be gleaned from it or how it relates to what is being discussed in class, and so on), faculty can take an otherwise non-educational stand-alone object and turn it into something that is instructionally relevant. As an example, a search on YouTube for environmental topics turned up The Plastic Battle (http://www.youtube.com/watch?v=MJaI-Ohggd4) , a one-minute video that takes a brief look at overpackaging in children's toys. The video won a Best Green Film award from Friends of the Earth, an international organization that focuses on the environment. Although the video has no dialogue, it can make more of an impact through its visual imagery than text alone can convey. As a stand-alone video, The Plastic Including Engaging Dynamic Content in WebTycho Conferences - DE Oracle Battle is cute and accurately portrays the difficulty involved in opening toy packages. Faculty in an environmental management course could make this video instructionally relevant and a useful addition to course materials by placing it in a conference note, providing information that relates the video to the course materials or the discussion topic of the week, and telling the students what they should do with this video (such as discuss the problems with the packaging, offer ideas for how the packaging could have been better, relate the packaging materials to landfill issues, etc.). By taking a creative yet critical view of non-educational content and establishing instructional relevance for their students, faculty will have an even larger pool from which to find appropriate dynamic content to include in their courses. Methods for Including OERs in WebTycho Conferences The conference area of WebTycho is a natural space for faculty to provide engaging dynamic content to students by incorporating relevant OERs that foster discussion. Using OERs in conferences creates opportunities to provide different opinions and/or new ways of viewing and considering course material. Strategically placed OERs can help faculty focus on a specific point and make subject matter more understandable, relevant, and current. Practically speaking, the key to using OERs successfully in online conferences is to embed them within the context of the course materials. As demonstrated below, there are three basic levels of approach to the inclusion of dynamic content, such as The Plastic Battle video mentioned earlier, within WebTycho conferences. The okay method provides a link to the OER while the better method embeds the OER using HTML tags. The best method embeds the OER within a contextual wrapper that explains how the OER relates to course content and provides instructions on how students should engage with the resource. Okay Method: Link to the OER The most basic method of including dynamic OER content in the online classroom is to provide a link to the OER, as demonstrated below. However, by providing a link with no context for introducing or using the OER, students may be confused as to how they should engage with the resource. In addition, providing a link that opens YouTube in a new window can be distracting to students, with the variety of other videos available for browsing and viewing. Better Method: Embed the OER In the example below, The Plastic Battle video from YouTube has been directly embedded into a conference note via HTML tags. Embedding OERs can help eliminate the visual distractions on external sites. Even though this method keeps students in the conference area and away from distracting external elements, they still may not know how the resource relates to their learning or how to interact with it because there is no contextual information. Including Engaging Dynamic Content in WebTycho Conferences - DE Oracle Best Method: Embed the OER with Relevant Context The best method for including dynamic content within the WebTycho conference area is demonstrated below. This method directly embeds the OER in a conference note and provides context that explains the OER’s connection to course materials and how the students should engage with the resource. By providing a framework such as this for the embedded OER, faculty can help maintain students’ interest and encourage reflection, interaction, and collaboration within conference discussions. Including Engaging Dynamic Content in WebTycho Conferences - DE Oracle Keep in mind that certain content may not always fit appropriately within WebTycho. For instance, it is possible that the size of the conference frame may not readily lend itself to the size requirements of an embedded object and may force a user to scroll horizontally and/or vertically to view the entire object and its functions. In situations such as these, embedding may not be the best choice. Instead, a link to the OER will have to suffice—provided that a proper contextual wrapper is also supplied. Finally, it is also important to note that when OERs are used in the online classroom, they should be properly cited in the appropriate format to give credit to the owner of the content. Conclusion OERs have numerous instructional benefits, and they allow faculty to deliver content in different formats that can help enhance the online learning environment. Dynamic OER content can be found in a variety of places, and it is up to the instructor to make each instance of an OER instructionally relevant. While OERs can be added to a classroom in different ways, the best way to include dynamic content in the conference area of a WebTycho classroom is by embedding it in a conference note and providing an appropriate contextual wrapper that will help engage students in the learning process. Please view the accompanying Embedding Tutorials to help you get started on embedding objects in WebTycho's course content and conference area. How to Embed a YouTube Video in a WebTycho Classroom How to Place a Link to a Flash Movie in a WebTycho Classroom How to Embed a Flash Movie in a WebTycho Classroom References Crook, C., Fisher, T., Graber, R., Harrison, C., & Lewin, C. (2008, September). Implementing Web 2.0 in secondary schools: Impacts, barriers and issues. Retrieved from http://partners.becta.org.uk /upload-dir/downloads/page_documents/research/web2_benefits_barriers.pdf (http://partners.becta.org.uk/upload-dir/downloads/page_documents/research/web2_benefits_barriers.pdf) Rawson, J., & Thomes, C. (2008, September-October). Open educational resources. DE Oracle @ UMUC. Retrieved from http://deoracle.org/online-pedagogy/emerging-technologies/open-educational- resources.html About the Author(s) Laddie Odom began his professional career over two decades ago in Detroit as an animator and special effects artist for regional and national television commercial campaigns. After moving to Chicago in the 1980s, he first found employment in "multimedia," which at the time meant slideshows produced with traditional analog photographic and graphic tools. Shortly afterwards, he was one of the first people in the multimedia industry to be trained to operate large, specialized, ridiculously under-powered (compared to today's machines) graphics computers that created and presented slides digitally. Several years later, after helping pioneer the production of digital imagery and animation in multimedia presentations, he began to produce a new kind of multimedia that was delivered via CD-ROM, was interactive, and was usually authored in Macromedia Director. In the mid 1990s he was given the opportunity to apply his extensive experience as production manager for several companies and as an independent producer of interactive marketing and educational materials. Laddie came to UMUC over five years ago to help explore and implement new technologies that will help staff, faculty, and students achieve their goals. Rating: Not yet rated Including Engaging Dynamic Content in WebTycho Conferences - DE Oracle Contact Site Manager Created and Maintained by the Center for Support of Instruction © University of Maryland University College Powered by ArticleMS from ArticleTrader.com Comments No comments posted. You must be logged in and be a member of the UMUC community in order to comment. If you are a member of the UMUC community and do not have an account, please register for a FREE one. If you have a guest account but are Faculty/Staff of UMUC please send an email to the DE Oracle Site Manager (mailto:[email protected]?subject=Please Update my DE Oracle Guest Account) so that your guest account can be updated. Including Engaging Dynamic Content in WebTycho Conferences - DE Oracl

    QR Codes in Online Classrooms_combined - DE Oracle

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    DE Oracle @ UMUC An Online Learning Magazine for UMUC Faculty Center for Support of Instruction QR Codes in Online Classrooms Laddie Odom Multimedia Producer Center for Support of Instruction Published: November-December 2011 Category: » Online-pedagogy » Teaching-tools Perhaps you have recently encountered an image that looks like the one shown in Figure 1. Figure 1. A QR code. This image is known as a QR code. Although not exactly new, the term, the image, and its usage may be puzzling to many people. This article attempts to remove some of the mystery behind QR technology by providing a brief history and description of its use and an overview of how to create a QR code. It also discusses m-learning and presents a scenario in which QR codes can be utilized in an online classroom to help integrate mobile platforms with online learning management systems. QR Codes History and Description QR is short for Quick Response. According to Rouillard (2008), QR codes were initially developed for the automotive industry in 1994 by a Japanese company to help keep track of vehicle parts during their production. These two-dimensional barcodes can hold large amounts of data (4000+ alphanumeric characters or 7000+ numeric characters) and were designed to have the data decoded at very high speeds. From their birth and first application in auto manufacturing, QR codes have evolved into many other uses, such as serving as a new conduit for marketers to deliver their messages and content to mobile users. The types of information that QR codes may carry today include—but are not limited to—the following: Calendar event Contact information E-mail address Geo Location Phone number Text message (SMS) QR Codes in Online Classrooms - DE Oracle URL For our purposes, a more concise description is that a QR code provides a fast and easy way to capture information and quickly access it on mobile devices equipped with a camera. Most people usually spot their first QR code in the real world via a poster, magazine, or possibly even a t-shirt. However, they are also increasingly found on many Web pages, and there are plenty of good reasons to use them online—particularly when a mobile device’s browser does not navigate or work well on a certain Web site. Mobile Platforms, M-learning, and QR Codes The use of mobile devices has risen rapidly over the last few years. Consider the following statistics cited by mobiThinking (2011): At the end of 2010, there were over 5.3 billion cellular subscribers (individual mobile lines) worldwide. This number is a substantial increase from the 4.6 billion mobile subscriptions at the end of 2009. Cellular users are expected to send over 8 trillion text messages during 2011. In 2010, over 1.38 billion handsets were sold—an 18.5 percent increase from 2009. Clearly, the use of mobile platforms is a significant and growing wave that bears watching—and action—so as not to be left behind. Mobile learning (m-learning)—the delivery of content and learning support via a mobile device—is riding on this same crest, and with good reason. Mobile devices, even those equipped with simple SMS (Short Message Service, i.e., text messaging) capabilities, can be used in a variety of creative ways for education, from simple class announcements to authentic situational learning opportunities in the field. While comprehensive theoretical research on the value of mobile platforms for education is still in its early stages, Muyinda (2007) notes that m-learning “provides access to learning during previously unproductive times, … allows more flexible and immediate collaborative options, … allows controlled learning in contextual situations, and provides greater options for teachers to observe and assist in independent learning” (p.103). Using QR codes for educational purposes can help further address the needs of students who are seeking to use their mobile devices to learn anywhere at any time by providing the needed educational resources to them in a quick and easy-to-access manner. Using QR Codes in the Online Classroom: A Scenario The following scenario demonstrates how QR codes and mobile devices can be combined to create useful m-learning opportunities for students: John, an online graduate student and mobile device owner, is traveling to Boston via train this weekend and wants to take his reading assignments along with him. Unfortunately, his Windows Mobile smartphone is not able to readily navigate to the discussion area where the instructor has posted the URL of a reading assignment. When he logs in to the online classroom from his desk computer, he notices that the instructor has included both a link and a QR code for the assigned reading, as shown in Figure 2. QR Codes in Online Classrooms - DE Oracle Figure 2. QR code in a WebTycho conference. This is good news for John because he already has a QR code reader app on his smartphone. This kind of app utilizes a mobile device’s camera to capture the QR code and display the information in it directly on the device’s screen. (See the Resources at the end of this article for a list of some useful QR code reader apps.) To read the QR code provided by the instructor, John opens his QR code reader app, as shown in Figure 3. Figure 3. QR code reader app. He then points his smartphone's camera at the QR code that is visible on the computer screen, as demonstrated in Figure 4. QR Codes in Online Classrooms - DE Oracle Figure 4. The i-nigma app captures the QR code. Once the camera has detected the QR code, the code is captured and the app quickly recognizes it as a URL. John then navigates to this URL. In this particular case, the URL is the download page for an e-book on the Project Gutenberg Web site, listing several formats in which he can download the e-book to his smartphone for later reading, as shown in Figure 5. Figure 5. E-book download options at gutenberg.org. This scenario shows just one way that students can benefit from QR codes by easily downloading course materials to their mobile devices and then accessing that content at their convenience. Such usage of QR codes helps bridge the gap between mobile devices and Web sites that do not fully support mobile platforms—and in this specific case, paves a path towards a richer m-learning experience. QR Code Generators The above scenario is well and good but begs the question where did the QR code come from and how QR Codes in Online Classrooms - DE Oracle was it placed in the classroom? The answer is simple: a QR code generator. QR code generators are free online tools that allow users to create their own QR codes from the variety of information types supported, such as URLs and calendar events. One example of a simple and convenient QR code generator is Kaywa (http://qrcode.kaywa.com/) , shown in Figure 6. Kaywa has a somewhat limited number of information types available, but its streamlined interface and limited ads and branding make it a popular choice. The Resources at the end of this article list additional examples of code generators you may want to try. Figure 6. The Kaywa Web site. Once a QR code is generated by these tools, HTML embed code is also typically generated. This embed code can be copied and pasted into an online classroom or Web page. Alternately, the QR code image itself can also be copied and pasted. To learn how to generate your own QR code and place it in your classroom, please view the accompanying tutorial. Summary QR codes offer a simple way to add m-learning opportunities to students with mobile devices. By creating a useful bridge to transfer content from the online classroom to mobile platforms, QR codes help provide students with even greater anywhere-anytime access to educational materials. Resources QR Code Generator / Reader Tutorial QR Code Readers: i-nigma - http://www.i-nigma.com (http://1. www.i-nigma.com/) 2. BeeTagg - http://www.beetagg.com/ (http://www.beetagg.com/) QR Code Generators: 1. Zxing Project – http://zxing.appspot.com/generator/ (http://zxing.appspot.com/generator/) 2. Kaywa - http://qrcode.kaywa.com/ (http://www.google.com/url?q=http%3A%2F%2Fqrcode.kaywa.com%2F& QR Codes in Online Classrooms - DE Oracle Contact Site Manager Created and Maintained by the Center for Support of Instruction © University of Maryland University College Powered by ArticleMS from ArticleTrader.com sa=D&sntz=1&usg=AFQjCNHMx65jmjyya8_eQmg4x9TGTdZszQ) References mobiThinking. (2011). Global mobile statistics 2011: All quality mobile marketing research, mobile Web stats, subscribers, ad revenue, usage, trends... Retrieved from http://mobithinking.com/mobile-marketing- tools/latest-mobile-stats#subscribers (http://mobithinking.com/mobile-marketing-tools/latest-mobile- stats#subscribers) Muyinda, P.B. (2007). Mlearning: Pedagogical, technical and organisational hypes and realities. Campus-Wide Information Systems, 24(2), 97-104. Retrieved from http://cees.mak.ac.ug/sites /default/files/publications/Muyinda.pdf (http://cees.mak.ac.ug/sites/default/files/publications/Muyinda.pdf) Rouillard, J. (2008). Contextual QR codes. Proceedings of The Third International Multi-Conference on Computing in the Global Information Technology, ICCGI '08 (pp. 50-55). Retrieved from http://www2.lifl.fr/~rouillar/publi/2008_Rouillard_ICCGI.pdf (http://www2.lifl.fr/~rouillar/publi /2008_Rouillard_ICCGI.pdf) About the Author(s) Laddie Odom began his professional career over two decades ago in Detroit as an animator and special effects artist for regional and national television commercial campaigns. After moving to Chicago in the 1980s, he first found employment in multimedia, which at the time meant slide shows, produced with traditional analog photographic and graphic tools. Shortly afterwards, he was one of the first people in the multimedia industry to be trained to operate large, specialized graphics computers that created and presented slides digitally. Several years later, after helping pioneer the production of digital imagery and animation in multimedia presentations, he began to produce a new kind of multimedia, which was delivered via CD-ROM, was interactive, and was usually authored in Macromedia Director. In the mid-1990s, he was given the opportunity to apply his extensive experience as production manager for several companies and as an independent producer of interactive marketing and educational materials. For the last several years he has helped UMUC explore and implement new technologies in order to help staff, faculty, and students achieve their goals. Rating: Not yet rated Comments No comments posted. You must be logged in and be a member of the UMUC community in order to comment. If you are a member of the UMUC community and do not have an account, please register for a FREE one. If you have a guest account but are Faculty/Staff of UMUC please send an email to the DE Oracle Site Manager (mailto:[email protected]?subject=Please Update my DE Oracle Guest Account) so that your guest account can be updated. QR Codes in Online Classrooms - DE Oracle DE Oracle @ UMUC An Online Learning Magazine for UMUC Faculty Center for Support of Instruction Show Me Video (click play button) QR Code Generator / Reader Tutorial Deborah Schroeder Senior Instructional Support Specialist Center for Support of Instruction Published: November-December 2011 Category: » Tech-skills-software » Qr-codes Part I - Generate a QR Code In Part I of this tutorial, we will complete the following tasks: Obtain a URL for an e-book. (For demonstration purposes, we will use Project Gutenberg (http://www.gutenberg.org/) , a site that offers links to free e-books.) Use a QR Code generator to covert the URL to a QR code. (For demonstration purposes, we will use the code generator from Kaywa (http://qrcode.kaywa.com) .) Paste the QR code into WebTycho. Navigate to the Project Gutenberg Web site (http://www.gutenberg.org/) and perform a search for Alice's Adventures. 1. 2. Click on the link for the e-book. QR Code Generator / Reader Tutorial - DE Oracle Right-click on the link for the appropriate format. (NOTE: For this demonstration, we will right-click on the PDF link.) 3. Choose 4. Copy Link Location from the context menu. 5. Navigate to Kaywa (http://qrcode.kaywa.com) , the Web site for the code generator application. QR Code Generator / Reader Tutorial - DE Oracle 6. Click the URL radio button. 7. Right-click in the URL field and select Paste from the context menu. 8. Select the appropriate QR code image size from the Size drop-down box. QR Code Generator / Reader Tutorial - DE Oracle 9. Click the Generate! button. You can choose to copy/paste the QR code image into your classroom or you can use the provided embed code. The better option, however, is to copy/paste the QR code image. To do this, right-click on the image and select Copy Image from the context menu. 10. 11. Navigate to the conference area of your classroom and create a new conference topic. QR Code Generator / Reader Tutorial - DE Oracle 12. Right-click in the text editing box and select Paste from the context menu. 13. Click the Submit button to publish the conference note. Part II - Read a QR Code on a Mobile Device In Part II of this tutorial, we will complete the following tasks: Use the i-nigma QR code reader. (NOTE: i-nigma is one of many code readers currently available for Windows, iPhone, and Android mobile devices.) Scan the QR code that was placed in the conference area during Part I of this tutorial. QR Code Generator / Reader Tutorial - DE Oracle From your mobile device, open the i-nigma app. (NOTE: This tutorial assumes that you have i-nigma (http://i-nigma.com/Downloadi-nigmaReader.html) already installed on your mobile device. If you don't, you can install it now. If you prefer not to download i-nigma, you can use the QR/barcode scanner app of your choice.) 1. From your computer's browser, navigate to the conference note that you created in Part I of this tutorial. (The QR image should be on the screen.) Hold your mobile device toward the screen so that the i-nigma app can capture the QR code. 2. 3. Click the Go Online button to navigate to the URL that i-nigma identified from the QR code image. QR Code Generator / Reader Tutorial - DE Oracle Contact Site Manager The mobile device's browser opens to the URL 4. so that you can begin reading the e-book. Acknowledgements Many thanks to Laddie Odom for his content and video contribution to this tutorial. Rating: Not yet rated Comments No comments posted. You must be logged in and be a member of the UMUC community in order to comment. If you are a member of the UMUC community and do not have an account, please register for a FREE one. If you have a guest account but are Faculty/Staff of UMUC please send an email to the DE Oracle Site Manager (mailto:[email protected]?subject=Please Update my DE Oracle Guest Account) so that your guest account can be updated. QR Code Generator / Reader Tutorial - DE Oracle Created and Maintained by the Center for Support of Instruction © University of Maryland University College Powered by ArticleMS from ArticleTrader.com QR Code Generator / Reader Tutorial - DE Oracl

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