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Unlocking the power of corporate purpose
The greater the gender balance on the board, the greater a business's sense of purpose Some 90% of Belgian CEOs and board members believe that having a clear purpose contributes positively to the long-term performance of their business, with 78% having translated this into concrete, strategic objectives. However, only 63% of employees are believed to be aware of the impact of purpose on day-to-day activities – and just 58% report that performance indicators have been properly defined to measure progress on purpose. The greater the gender balance on a business's board, the greater the sense of purpose embodied throughout its strategy, decision-making and communications. These were the main conclusions drawn from a survey on purpose among 116 CEOs and board members. Conducted by Professor Koen Dewettinck and researcher Jana Machtelinckx of Vlerick Business School, the study assessed how much value Belgian businesses place on purpose and whether they ultimately put such social objectives into practice
Private equity fund terms in Belgium
The goal of this white paper is to bring more information transparency to the opaque market of Private Equity fundraising, and, more specifically, to the commonly used terms and conditions in Limited Partner Agreements (LPAs). Our hope is that this will facilitate fundraising by General Partners (GPs) and raise investment willingness by Limited Partners (LPs) in the future, thanks to greater insight into common market practices in this opaque industry
Liefdesbrieven aan ondernemers
Een meeslepend eerbetoon aan het ondernemerschap In Liefdesbrieven aan ondernemers schrijft Hans Crijns een boeiend en meeslepend eerbetoon aan het ondernemerschap. Het boek geeft een verfrissende variatie op het managementboekthema: Hans Crijns hangt elke brief op aan één concreet aspect of concrete gebeurtenis. Door de anekdotische en vaak humoristische vertelstijl gidst hij de lezer moeiteloos langs vele interessante aspecten van het ondernemerschap
AMCIS 2024 Proceedings
The digital age industrial revolution (IX.0) shifted the goal post of digital maturity attainment for industrial organizations seeking to digitally transform. This has presented challenges for organizations’ ability to comprehend the unfolding paradigm around them and how to pull possibilities successfully into their organizations to revolutionize through a paradigm shift rather than maintain the existing paradigm within the guise of evolving. The research examines what a paradigm and paradigm shift entails within IX.0, providing a framework to comprehend such changes. The findings indicate that a paradigm shift entails a symbiosis of technological and organisational change. The research contributes to the scholarly debate surrounding digital transformation in industrial contexts and offers insights into the mechanism of an IX.0 paradigm shift.The authors would like to acknowledge and express gratitude towards Beaulieu International Group (B.I.G.) for their research-funding contribution and continued commitment to research
The development of children's beliefs about the trade-off between health and taste in food and the long-term consequences for body weight and related health problems
Integrated supply chain management (ISCM) at Eandis
Eandis, the distributor of electricity in Belgium, is about to launch a multi-year multi-phase smart meter implementation project. Its supply chain management organisation should be transformed to a more agile and cost efficient structure to tackle the challenges of maintaining service quality, managing multi-functional teams, establishment of formal communications, internal collaboration in forecasting and planning, and external cooperation among utility companies and cities. The teaching case provides a detailed analysis of challenges faced by a (traditionally) asset-based organisation while being transformed to an info-based entity from the supply chain management perspective
Groeien als ondernemer - 36 inzichten voor blijvende impact
Ondernemers staan voor vele uitdagingen. Het bedrijf laten groeien kan vaak enkel als de persoon achter de onderneming ook groeit. Met dit boek tracht Yannick Dillen, professor bij Vlerick Business School, om (toekomstige) bedrijfsleiders, bestuurders en managers een aantal cruciale inzichten te geven om van hen betere ondernemers te maken. Hierdoor zal ook hun bedrijf groter kunnen worden en meer impact creëren. In ’Groeien als ondernemer’ bundelt de auteur 36 laagdrempelige maar inspirerende take aways die hij de voorbije jaren neerschreef op basis van gesprekken met ondernemers in België en Nederland. Een praktische gids met gegarandeerde return on investment
Harnessing the Potential of Older Workers Through Relationships at Work: Social Support, Feedback, and Performance
Abstract With the aging of the global workforce, it is crucial to deepen our understanding of how to keep older workers healthy, motivated, and productive. In this research, we integrate job design with socioemotional selectivity theory to propose that social job characteristics relate to employee performance differently for older and younger workers. Specifically, in a 3-wave survey (N = 454), we tested employee age as a moderator of the relationships between receiving social support and feedback at work, and performance, as well as giving social support and feedback at work, and performance. The results showed that, in general, both receiving and giving social support and feedback are associated more strongly with the performance of older than younger workers. The findings provide important theoretical implications for the study of aging and work; they also offer practical applications for creating workplaces in which older workers can reap the benefits of social relationships to remain productive
Leveraging Digital Advertising Platforms for Consumer Research
Abstract Digital advertising platforms have emerged as a widely utilized data source in consumer research; yet, the interpretation of such data remains a source of confusion for many researchers. This article aims to address this issue by offering a comprehensive and accessible review of four prominent data collection methods proposed in the marketing literature: “informal studies,” “multiple-ad studies without holdout,” “single-ad studies with holdout,” and “multiple-ad studies with holdout.” By outlining the strengths and limitations of each method, we aim to enhance understanding regarding the inferences that can and cannot be drawn from the collected data. Furthermore, we present seven recommendations to effectively leverage these tools for programmatic consumer research. These recommendations provide guidance on how to use these tools to obtain causal and non-causal evidence for the effects of marketing interventions, and the associated psychological processes, in a digital environment regulated by targeting algorithms. We also give recommendations for how to describe the testing tools and the data they generate and urge platforms to be more transparent on how these tools work