An ageing well collaboration: opportunity or wicked problem

2019 ◽  
Vol 40 (1) ◽  
pp. 18-27
Author(s):  
Lois Marjorie Hazelton ◽  
Laurence Murray Gillin ◽  
Fiona Kerr ◽  
Alison Kitson ◽  
Noel Lindsay
Keyword(s):  
Policy Development ◽  
Independent Living ◽  
Integrated Approach ◽  
Business Case ◽  
Economic Benefits ◽  
Added Value ◽  
Wicked Problem ◽  
Wealth Creation ◽  
Content Type ◽  
Collaborative Structure

Purpose Within the “wicked” concept of ageing, this paper aims to primarily model an integrated approach to identifying and evaluating opportunities that deliver innovative outcomes in Ageing Well Practice, Health and Economic Policy and Research Actions using a collaborative and entrepreneurial mindset. The strategic focus is on a “Boomer” (user)-driven and facilitated Network – that brings together health professionals, research specialists, technologists, ageing well providers, “encore” career specialists, life-style providers, community groups, wealth creation specialists and industry innovators to streamline the progression of identified concepts to valued users and markets and enhance the economy. Design/methodology/approach Using the unit of analysis for innovation, i.e. the “added-value” as perceived by the user and not simply a product or a technology, the identified “opportunity-outcome” will embed a new service concept or intervention, which embraces and promotes ageing well, independent living or resident-centred care in the community and delivers direct and indirect economic benefits. Findings The authors model a point of differentiation in facilitating existing ageing well policies in the community, through a focus on an integrated and multi-dimensional collaborative framework that can deliver user value and contributes to community and economic benefits. Research limitations/implications Generalising results without a commercial business case from this single strategic viewpoint requires caution. The positive outcomes from this innovation collaborative concept can be used to guide further policy development and business investment in ageing well needs. Practical implications Such an integrated innovation collaborative structure provides the capacity to identify ageing well opportunities, to contract enterprises, both SMEs’ and larger companies, for development of the opportunities into user-valued outcomes, to network venture resources and deliver these outcomes to a sustainable market of ageing well citizens. Social implications The Ageing Well Innovation collaborative framework identifies practical ways to integrate new concepts of ageing participation to be realised by the increasing number of “Boomers”. It provides a self-managing process for linking individuals, public and private parties to maximise information and ideas flow, and engagement of the skilled resources in the Boomer group. Originality/value The innovation collaborative structure proposed is not simply novel but is a targeted focus on entrepreneurship and innovation applied strategically to the needs of ageing boomers and community needs. The added-value is in the demonstrated enhancement to effective innovation outcomes in community ageing and the economy.

Effective customer selection for marketing campaigns based on net scores

2017 ◽  
Vol 11 (1) ◽  
pp. 2-15 ◽  
Author(s):  
René Michel ◽  
Igor Schnakenburg ◽  
Tobias von Martens
Keyword(s):  
Decision Trees ◽  
Direct Marketing ◽  
Real Data ◽  
Business Case ◽  
Added Value ◽  
Scoring Method ◽  
Content Type ◽  
Effective Selection ◽  
Selection For ◽  
Response Modeling

Purpose This paper aims to address the effective selection of customers for direct marketing campaigns. It introduces a new method to forecast campaign-related uplifts (also known as incremental response modeling or net scoring). By means of these uplifts, only the most responsive customers are targeted by a campaign. This paper also aims at calculating the financial impact of the new approach compared to the classical (gross) scoring methods. Design/methodology/approach First, gross and net scoring approaches to customer selection for direct marketing campaigns are compared. After that, it is shown how net scoring can be applied in practice with regard to different strategical objectives. Then, a new statistic for net scoring based on decision trees is developed. Finally, a business case based on real data from the financial sector is calculated to compare gross and net scoring approaches. Findings Whereas gross scoring focuses on customers with a high probability of purchase, regardless of being targeted by a campaign, net scoring identifies those customers who are most responsive to campaigns. A common scoring procedure – decision trees – can be enhanced by the new statistic to forecast those campaign-related uplifts. The business case shows that the selected scoring method has a relevant impact on economical indicators. Practical implications The contribution of net scoring to campaign effectiveness and efficiency is shown by the business case. Furthermore, this paper suggests a framework for customer selection, given strategical objectives, e.g. minimizing costs or maximizing (gross or lift)-added value, and presents a new statistic that can be applied to common scoring procedures. Originality/value Despite its lever on the effectiveness of marketing campaigns, only few contributions address net scores up to now. The new χ2-statistic is a straightforward approach to the enhancement of decision trees for net scoring. Furthermore, this paper is the first to the application of net scoring with regard to different strategical objectives.

The return on investment from international patient programs in American hospitals

2019 ◽  
Vol 13 (2) ◽  
pp. 171-182
Author(s):  
Ishani Patel ◽  
Tricia J. Johnson ◽  
Andrew N. Garman ◽  
Samuel Hohmann ◽  
Paola Pescara ◽  
...  
Keyword(s):  
Health Systems ◽  
Return On Investment ◽  
Economies Of Scale ◽  
Business Case ◽  
Economic Benefits ◽  
International Programs ◽  
Operating Expense ◽  
Content Type ◽  
International Program ◽  
The Usa

Purpose Hospitals catering to the unique needs of international patients often make substantial investments in their international program. Research has yet to evaluate the return on investment (ROI) of establishing these programs. The purpose of this paper is to quantify the economic benefits and costs of international patient programs and evaluate the ROI of international patients for US hospitals by program maturity and size. Design/methodology/approach Operational information about 29 health systems with international patient programs in the USA was obtained from the US Cooperative for International Patient Programs (USCIPP) Annual Benchmarking Survey. A Spearman correlation coefficient was used to test the association between international program investments and revenue. Mann–Whitney U tests were used to test whether ROI differs significantly by program maturity and size. Findings It was found that 14 (48.3 per cent) international programs were established and 10 (34.5 per cent) programs were large in size. The median estimated organizational total gross revenue less operating expense for all programs was positive ($15.6m). Total gross revenue less operating expense was higher for large programs ($105.6m) than for small programs ($9.2m) (p < 0.001) and higher for established programs ($40.2m) than for new programs ($8.5m) (p < 0.001). Originality/value The results suggest that hospital investment in international programs yields substantial returns for the health systems studied. New programs rely on staff from other areas of the organization while developing operational processes and relationships with providers and payers abroad. Examining the ROI can help hospitals develop a business case for an international program and understand any economies of scale from increased investment.

An integrated fuzzy-AHP and TOPSIS approach for maintenance policy selection

2019 ◽  
Vol 37 (9/10) ◽  
pp. 1275-1299 ◽  
Author(s):  
Narges Hemmati ◽  
Masoud Rahiminezhad Galankashi ◽  
D.M. Imani ◽  
Farimah Mokhatab Rafiei
Keyword(s):  
Heat Exchanger ◽  
Fuzzy Ahp ◽  
Integrated Approach ◽  
Added Value ◽  
Risk Level ◽  
Maintenance Policy ◽  
Content Type ◽  
Policy Selection ◽  
Different Types ◽  
Molten Sulfur

Purpose The purpose of this paper is to select the best maintenance policy for different types of equipment of a manufacturer integrating the fuzzy analytic hierarchy process (FAHP) and the technique for order of preference by similarity to ideal solution (TOPSIS) models. Design/methodology/approach The decision hierarchy of this research includes three levels. The first level aims to choose the best maintenance policy for different types of equipment of an acid manufacturer. These equipment pieces include molten sulfur ponds, boiler, absorption tower, cooling towers, converter, heat exchanger and sulfur fuel furnace. The second level includes decision criteria of added-value, risk level and the cost. Lastly, the third level comprises time-based maintenance (TBM), corrective maintenance (CM), shutdown maintenance and condition-based maintenance (CBM) as four maintenance policies. Findings The best maintenance policy for different types of equipment of a manufacturer is the main finding of this research. Based on the obtained results, CBM policy is suggested for absorption tower, boiler, cooling tower and molten sulfur ponds, TBM policy is suggested for converters and heat exchanger and CM policy is suggested for a sulfur fuel furnace. Originality/value This research develops a novel model by integrating FAHP and an interval TOPSIS with concurrent consideration of added-value, risk level and cost to select the best maintenance policy. According to the highlights of the previous studies conducted on maintenance policy selection and related tools and techniques, an operative integrated approach to combine risk, added-value and cost with integrated fuzzy models is not developed yet. The majority of the previous studies have considered classic fuzzy approaches such as FAHP, FANP, Fuzzy TOPSIS, etc., which are not completely capable to reflect the decision makers’ viewpoints.

scholarly journals Methods in assessing the values of architecture in residential neighbourhoods

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Lidwine Spoormans ◽  
Ana Pereira Roders
Keyword(s):  
Literature Review ◽  
Systematic Literature Review ◽  
Policy Development ◽  
Added Value ◽  
Value Assessment ◽  
Content Type ◽  
Research Fields ◽  
Digital Database ◽  
Different Types ◽  
Two Stages

PurposeAlthough residential neighbourhoods are the largest and most resilient share of a city and the process of urban conservation and renewal is ongoing, methods to assess their values are limited. This paper presents the results of a systematic literature review, revealing the state of the art and its knowledge gaps with regard to methods for assessing values of architecture in residential neighbourhoods.Design/methodology/approachThe systematic literature review is based on studies selected by a research protocol, using a digital database of peer-reviewed literature. A metanarrative approach is used to synthesise the qualitative data from reviewed articles. This review has two stages: (1) giving an overview of the field and (2) categorising research methods and disciplines.FindingsThe review revealed a wide variety of studies from different disciplines and deduced its key trends, titled as “storylines”, concerning the methods to assess significance, integrating a broader scope of values and different perspectives. In particular, the “storylines” outside traditional heritage disciplines offer methods to include more stakeholders, link value assessment to policy development or highlight heritage potential. Results reveal the diversity in concepts and strengthen the need for an interdisciplinary vocabulary on values and methods, enabling planners and policymakers to compare their results and help to create more attractive and resilient cities.Originality/valueBy reviewing and comparing the selected studies from a wider range of disciplines and research fields, this paper shares insights into the complementary characteristics of the different types of value research, outlining the added value of the different perspectives.

An integrated approach to electronic waste (WEEE) recycling

Circuit World ◽  
2007 ◽  
Vol 33 (2) ◽  
pp. 52-58 ◽  
Author(s):  
I. Dalrymple ◽  
N. Wright ◽  
R. Kellner ◽  
N. Bains ◽  
K. Geraghty ◽  
...  
Keyword(s):  
Electronic Waste ◽  
Integrated Approach ◽  
Current Treatment ◽  
Added Value ◽  
Secondary Products ◽  
Content Type ◽  
Treatment Regimes ◽  
Treatment Technologies ◽  
Materials Recycling ◽  
Number Of Treatment

PurposeThis paper aims to present a review carried out under DEFRA‐funded project WRT208, describing: the composition of WEEE, current treatment technologies, emerging technologies and research.Design/methodology/approachThis paper summarises the output from the first part of the project. It provides information on the composition of WEEE and an extensive survey of technologies relevant to materials recycling from WEEE. A series of further papers will be published from this research project.FindingsWEEE has been identified as one of the fastest growing sources of waste in the EU, and is estimated to be increasing by 16‐28 per cent every five years. Within each sector a complex set of heterogeneous secondary wastes is created. Although treatment requirements are complicated, the sources from any one sector possess many common characteristics. However, there exist huge variations in the nature of electronic wastes between sectors, and treatment regimes appropriate for one cannot be readily transferred to another.Research limitations/implicationsA very large number of treatment technologies are available, both established and emerging, that singly and in combination could address the specific needs of each sector. However, no single set of treatment methods can be applied universally.Originality/valueThis paper is the first part of work leading to the development of technical strategies and methodologies for reprocessing WEEE into primary and secondary products, and where possible the recovery of higher added‐value components and materials.

scholarly journals Consumer preferences in food packaging: CUB models and conjoint analysis

2016 ◽  
Vol 118 (3) ◽  
pp. 527-540 ◽  
Author(s):  
Rosa Arboretti ◽  
Paolo Bordignon
Keyword(s):  
Conjoint Analysis ◽  
Food Packaging ◽  
Consumer Preferences ◽  
Integrated Approach ◽  
Added Value ◽  
Psychological Characteristics ◽  
Content Type ◽  
Cub Models ◽  
Fresh Food ◽  
Fresh Products

Purpose – Packaging features have been shown to be of great importance for the consumer final choice of fresh products (Silayoi and Speece, 2007). Packaging is an extrinsic attribute, which consumers tend to rely on, when relevant intrinsic attributes of the product are not available. In the current literature, studies on the influences of packaging features on consumer preferences are mainly related to classical preference evaluation methods like conjoint analysis (CA). The purpose of this paper is to apply both CA and the less known combination of uniform discrete and shifted binomial distributions (CUB) models to food packaging evaluations. Design/methodology/approach – Starting from a real case study in this field, along with CA, the author apply CUB models (Iannario and Piccolo, 2010) as a useful tool to evaluate preferences. CUB models can grasp some psychological characteristics of consumers related to the “feeling” toward packaging attributes and related to an inherently “uncertainty” that affects the consumers’ choices. Both psychological characteristics “feeling” and “uncertainty” can be linked to relevant subject’s information. At first we detect preferred packaging attributes of fresh food by means of CA, then we apply CUB models to some relevant attributes from the CA study. Findings – Results show that attributes like packaging material and size/shape of packaging are the most important attributes and that biodegradable packaging, reclosable trays/bags and long “best by” date are also valuable features for consumers. The introduction of covariates showed that specific demographic characteristics are linked to both feeling and uncertainty. Originality/value – The “data driven” segmentation results give to the integrated approach “CUB models and Conjoint Analysis” the most important added value.

Electronic waste management and sustainable development goals

2019 ◽  
Vol 11 (2) ◽  
pp. 120-137 ◽  
Author(s):  
Kalyan Bhaskar ◽  
Bipul Kumar
Keyword(s):  
Sustainable Development ◽  
Waste Management ◽  
Sustainable Development Goals ◽  
Electronic Waste ◽  
Integrated Approach ◽  
Business Case ◽  
Social Implications ◽  
Extensive Literature ◽  
Content Type ◽  
Development Goals

Purpose The purpose of this study is, first, to understand if the firms are displaying integrated approach toward electronic waste management and sustainability and, second, is there a business case for linking e-waste management with sustainable development goals (SDGs) pronounced by the United Nations. Design/methodology/approach This study conducts an extensive literature review to gather perspective from multiple disciplines and also carries out content analysis of annual reports/sustainability reports of the firms. Findings Bulk consumers have sustainability policies and/or strategies but many of these firms have not linked their e-waste management with their sustainability strategies practices. Also, based on the elaboration of different perspectives, this study provides an integrative framework that suggests focus of a particular perspective on a given SDG and commensurate business approach by the firms to find a synergy between the two. Research limitations/implications This study provides a wider perspective on the subject of electronic waste management and its linkage with SDGs to create business case, thus opening up many theoretical avenues. Practical implications The policy like extended producers’ responsibility has a clear practical implication in terms of creating reputational capital for the firms by linking electronic waste management and SDGs. Social implications The SDG, detailing clean water and sanitation by asking firms not to pollute water bodies by dumping the waste, has clear social implications. Originality/value This study is first of its kind to explore the linkage between electronic waste and SDGs to understand the business case. It also throws good insights on whether the firms use integrated approach toward electronic waste management and sustainability.

Redefining economics: why shared value is not enough

2019 ◽  
Vol 29 (5) ◽  
pp. 497-514 ◽  
Author(s):  
Friedrich Glauner
Keyword(s):  
Value Creation ◽  
Mental Model ◽  
Business Models ◽  
Value Added ◽  
Added Value ◽  
Shared Value ◽  
Wealth Creation ◽  
Content Type ◽  
Viable Business ◽  
Value Concept

Purpose This paper aims to offer scholars and practitioners critical arguments on the strengths and weaknesses of the shared value concept and of the mental model of economics that lies at its heart. On the basis of these arguments, it proposes the paradigm of ethicological value-added creation as a new economic framework extending the shared value concept into a concept of lastingly viable business strategy. Design/methodology/approach Conceptual and philosophical analysis of the mental model of economics and of basic concepts and premises regarding scarcity, competition, growth and raising value. Application of this analysis to the re-design of the shared value approach and to the development of practical guidelines for sustainably viable business models. Findings This paper highlights how the shared value approach can be transformed into an even stronger strategic tool for the design of viable business models. Practical implications Scholars, entrepreneurs and managers receive a new conceptual framework to design lastingly viable business models on the basis of re-defined tools and concepts. Originality/value Leading texts on strategy and business development as well as CSR-driven texts on designing sustainable business models do not bridge the paradox of destructive wealth creation, i.e. the fact that individually rational and, in itself, highly successful economic behaviors lead, on the group level and the level of the whole system, to an outcome that by and large is highly destructive, as it places the social, ecological and economic sources of this wealth creation process in existential jeopardy. The paper proposes a new framework of economic reasoning for solving the paradoxes that shape current economic models and the shared value approach. It offers a first set of indicators, the parameters by which the shared value approach can be transformed into a living model for generating resource growth and added value creation cycles that stop the present downward spiral of acceleration, disruption, concentration and resource depletion. The paper thus presents forms of shared value creation that are more holistic and sustainable.

scholarly journals The impact of healthy workplaces on employee satisfaction, productivity and costs

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Theo van der Voordt ◽  
Per Anker Jensen
Keyword(s):  
Employee Satisfaction ◽  
Labour Productivity ◽  
Cost Effective ◽  
Economic Benefits ◽  
Work Environments ◽  
Added Value ◽  
Content Type ◽  
Health Satisfaction ◽  
Environment And Health ◽  
The Impact

Purpose This paper aims to explore the added value of healthy workplaces for employees and organizations, in particular regarding employee satisfaction, labour productivity and facility cost. Design/methodology/approach The paper is based on a narrative review of journal papers and other sources covering the fields of building research, corporate real estate management, facilities management, environmental psychology and ergonomics. Findings The review supports the assumption of positive impacts of appropriate building characteristics on health, satisfaction and productivity. Correlations between these impacts are still underexposed. Data on cost and economic benefits of healthy workplace characteristics is limited, and mainly regard reduced sickness absence. The discussed papers indicate that investing in healthy work environments is cost-effective. Originality/value The findings contribute to a better understanding of the complex relationships between physical characteristics of the environment and health, satisfaction, productivity and costs. These insights can be used to assess work environments on these topics, and to identify appropriate interventions in value-adding management of buildings and facilities.

A review on the prerequisites of Evidence-Based Curriculum as a driver to skills development of the leather value chain in Africa

2019 ◽  
Vol 5 (1) ◽  
pp. 1-10
Author(s):  
Mwinyikione Mwinyihija
Keyword(s):  
Higher Education ◽  
Curriculum Design ◽  
Value Chain ◽  
Theoretical Perspective ◽  
Economic Benefits ◽  
Skills Development ◽  
Evidence Based ◽  
Wealth Creation ◽  
Urban Rural ◽  
Review Study

The review study closely introspects’ on the prerequisites of evidence-based curriculum within the realms of specialized skills development agenda as pursued through higher education Institutions in Africa. Explicitly, the constraining factors that bedevil the leather sector are identifiable when appropriate research designs tools are applied. As such, in the process of identifying the constraints, renascence themes could, therefore, be beneficial in collecting evidence in support of developing curriculum. Such a developed curriculum stands higher chances of acceptability and aptly mitigates against challenges related to specialized skills development. The review succinctly indicates that in the process of identifying the themes, the scope of collecting evidence becomes attainable, thus, improving curricula that entails a participatory and transformative orientation. Indeed, during the review phase of the study, three main perspectives are depicted to be consequential in attaining a comprehensive, evidence-based curriculum, such as; action research, backward curriculum design perspective and theoretical perspective. Therefore, about this perspective, a reflection based on personal experiences and related to new knowledge with what they already know leads to constructivism. The relevancy of a constructivist strategy is observed to facilitate the observatory and evaluative stance during the development of evidence-based curriculum. Moreover, in consolidating and sustaining the benefit of such a developed curriculum, threshold concept was found during the review that it complements the process and strengthens the collecting evidence for curriculum development. Accordingly, therefore, the result of the review study indicate that Africa would  position itself for initiating transformational changes in aspects of specialized higher education, fruition towards socio-economic benefits (e.g. employment, wealth creation and technology transfer), reversal of urban-rural or inter/intra continental migration flurry.

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