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HR Barometer 2024. HRM trends and challenges in Belgian organisations
No full textBesides selection and recruitment, training and development are proving to be the absolute top priority in terms of human resources management for Belgian businesses. The ongoing challenge continues to be finding the right people, while also offering them opportunities for their continued development. However, businesses are still not taking a sufficiently strategic or long-term view when it comes to workforce planning. Addressing future needs, supply and demand resulting from changes within the business or external developments is proving somewhat ad hoc. With actions primarily aimed at eliminating shortages, the focus is on set roles rather than flexible skills. Such complexities, along with feelings of not having the right skill set, are inhibiting HR departments from taking action on developing strategic workforce planning.Hudso
Dynamic personnel rescheduling: insights and recovery strategies
No full textPersonnel rescheduling problems have typically been studied from a static perspective, assuming a single rescheduling decision to be taken for which all disruption information is known. However, companies operate in a dynamic environment and new disruptions arise at different moments in time during the course of the execution of the schedule. In response, the personnel planner resides to (multiple) rerostering and/or allocation decisions to reinstate the workability of the schedule. In this paper, we investigate the dynamic personnel shift and task rescheduling problem and propose different recovery strategies to efficiently restore the personnel schedule. To that purpose, we simulate the operational variability based on input probability distributions for different sources of uncertainty and conduct timely recourse actions whenever indicated by the studied recovery strategies. Insights are provided into the recourse actions with respect to the number and timing of rescheduling decisions, the type of rescheduling decision and the rescheduling time horizon. We assess the trade-off between the rescheduling quality and effort, mapping the efficient recovery strategies using a Pareto front. Based upon these insights, we devise well-performing rules-of-thumb, defining efficient recovery decision strategies that lead to reconstructed personnel schedules of high quality. In addition, we investigate the impact of the timeline uncertainty on the outcome of the recovery strategies
Guide to listing in Belgium
No full textThe purpose of this Guide is to outline the specific issues and continuing obligations a listed company may be confronted with in Belgium. The point of reference for this Guide is the position of an issuer that is listed on a Belgian regulated market. A listing on a regulated market is subject to more conditions and triggers more ongoing obligations than a listing on any other trading venue. Insight into the organisation and functioning of a regulated market can thus ease the understanding of the regulatory framework of all other trading venues in Belgium. This Guide deals with topics ranging from company law, corporate governance, finance and tax to opportunities for employee participation and the obligations and status of directors and executive managers. The Guide also covers the reasons and procedures for a possible de-listing, which is an issue that may become relevant to any listed company. Experience has shown that institutional investors and corporate governance rating agencies are keen to gain a deeper understanding of the rights and obligations of the various players that emerge in de-listing. This newly expanded 2024 edition also highlights the impact of important recent developments and insights in the fields of reporting, compliance, sustainability and valuation. This Guide is conceived as a quick-reference document. All chapters can be consulted separately and the notes allow the reader to find additional information on the topics and issues discussed
Research Handbook on Human Resource Management and Disruptive Technologies
No full textThis comprehensive Research Handbook examines the fundamental influence of emerging disruptive technologies, such as artificial intelligence, online platforms, the internet of things, and social robots, on Human Resource Management (HRM). Bringing together an array of interdisciplinary experts, this erudite Research Handbook analyses the HRM challenges posed by disruptive technologies and develops practical propositions to counteract them. It discusses the navigation of ethical dilemmas, human rights and digital governance in HRM, consumer value in the digital economy, and technology-driven changes in HRM practice. Featuring case studies on talent management in multinational enterprises, the engagement of digital generations with contemporary technologies, and the introduction of cobots in the manufacturing industry, contributors expertly explore current discussions and future directions for scholarly research. Promoting a better understanding of critical perspectives on HRM and disruptive technologies, this Handbook will be a vital resource for students, scholars and researchers in business analytics, information systems, knowledge management, organisational innovation, technology, and ICT. It will also provide valuable guidance on the effects of emerging technologies for HR and leadership practitioners
How to make a success of ESG in your organisation. Top priorities for driving sustainable business
No full textThe days of sustainability being at the periphery of business operations are well and truly over. The most successful businesses today will plan to achieve both profitable and sustainable outcomes. From now on, business will need to prioritise both profit and purpose. In this white paper Professor Xavier Baeten shares the top priorities for driving sustainable business
An in-depth study of executive remuneration based on Stoxx Europe 600's FY 2022 Annual reports - European Executive Reward
No full textHow much are senior executives being paid across Europe today? What are their remuneration packages made up of? And is executive remuneration becoming too complicated? This white paper answers these questions and more. It’s the result of an ongoing study by Vlerick’s Executive Remuneration Research Centre. Since 2014, the centre has been compiling a comprehensive database of CEO remuneration. The work is painstaking, and involves extracting information from remuneration reports published by Stoxx Europe 600 companies. And the results are illuminating
Decision-driven analytics: Leveraging human intelligence to unlock the power of data
No full textCompanies have more data at their fingertips than ever before. Yet, studies show that many executives and organizations fail to extract real value from it. Challenging the conventional wisdom of data-driven decision-making, marketing professors and behavioral scientists Bart De Langhe and Stefano Puntoni argue that many analytics efforts flounder because data analyses are disconnected from the decisions to be made. In their important book, they offer a new approach they call decision-driven analytics. Counterintuitively, they argue that the key to making good decisions with data is to start by putting data in the background. Drawing from their own research and teaching, as well as real-world business cases, De Langhe and Puntoni offer four pillars of decision-driven analytics and guide you around common mistakes that have held back many organizations from using data for impact. In Decision-Driven Analytics, you will learn how to: + Avoid common pitfalls in data-driven decision-making; + Close the gap between managers and decision-making on one side, and data scientists and data analytics on the other; + Enhance the impact of data analytics on business outcomes; + Think without data to make better decisions; + Prepare for artificial intelligence's impact on data analytics; and + Evaluate the costs and benefits of decision-driven analytics. A must-read for anyone who wants to harness the power of data for competitive advantage, Decision-Driven Analytics will equip you with the skills and tools you need to more effectively use data for business outcomes and to make better decisions in today's complex and data-rich world
Getting the job done: Nowjobs an industry disruptor
No full textThis case describes how House of HR, an international HR services group, dealt with turbulence in the European human resource and employment services market. This case study shows how established firms can respond to such turbulence by building a new business model outside their core market. It shows the challenges during the various phases of the creation of this new business model - from the idea's inception of the idea to the formation of the new team, and then to the launch of the new concept, the scaling of the venture and the international expansion phase. Although the new venture has experienced a healthy start and has been very successful since then, significant questions remain. One of those questions is how much freedom to give to the new unit and how to shape the growth path of the new business
Price-Cost Margins, Fixed Costs and Excess Profits
No full textAbstract This paper provides a new method to estimate price-cost margins in the presence of fixed costs of production. By exploiting properties of the primal and dual sales-based and cost-based Solow residuals, we are able to simultaneously estimate price-cost margins and the share of fixed costs in total costs for each input. Ignoring fixed costs in production underestimates price-cost margins and overestimates excess profit shares. Using a thirty-year panel of Belgian firms, we estimate price-cost margins, as a fraction of sales, of 25.4% on average, which can be decomposed between fixed costs of 22.9% and excess profits of 2.5%. Belgian price-cost margins have declined (−5.9%) in the past three decades due to a combination of falling fixed costs (−4.0%) and decreasing excess profits (−1.9%), suggesting that output markets have become even more competitive over time. While large firms have higher profit shares than small firms, they have lower fixed cost shares as well as lower price-cost margins
On the summary measures for the resource-constrained project scheduling problem
No full textThe resource-constrained project scheduling problem is a widely studied problem in the literature. The goal is to construct a schedule for a set of activities, such that precedence and resource constraints are respected and that an objective function is optimized. In project scheduling literature, summary measures are often used as a tool to evaluate the performance of algorithms and to analyze instances and datasets. They can be classified in two groups, network measures describe the precedence constraints of a project, while resource measures focus on the resource constraints of the instance. In this manuscript we make an exhaustive evaluation of the summary measures for project scheduling. We provide an overview of the most prevalent measures and also introduce some new ones. For our tests we combine different datasets from the literature and generate a new set with diverse characteristics. We evaluate the performance of the summary measures on three dimensions: consistency, instance complexity and algorithm selection. We conclude by providing an overview of which measures are best suited for each of the three investigated dimensions