Academic literature on the topic 'Novel business idea'
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Journal articles on the topic "Novel business idea"
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EPPLER, MARTIN J., FRIEDERIKE HOFFMANN, and SABRINA BRESCIANI. "NEW BUSINESS MODELS THROUGH COLLABORATIVE IDEA GENERATION." International Journal of Innovation Management 15, no. 06 (December 2011): 1323–41. http://dx.doi.org/10.1142/s1363919611003751.
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Generating novel and sustainable business model ideas is a crucial yet challenging innovation task. A growing body of literature shows that artefacts, such as visual templates, objects and sketches, can enhance team collaboration and creativity in innovation activities. Drawing on literature from diverse fields we propose a model that aims to explain how artefacts can affect the team processes in developing new business model ideas, positing that they have an impact on creativity and collaboration. We report the results of an illustrative experimental study comparing the team processes of managers working on a business model innovation task. Teams were supported by different types of artefacts (a business model template; physical objects with sketching; or PowerPoint). The results indicate that using the template significantly increases perceived collaboration and decreases perceived creativity, hence showing that artefacts can have the power to shape team work for innovation tasks.
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Gonul, Ozlem Ogutveren. "Teaching and Implementing Ideation in Entrepreneurship: A Systematic Approach." Journal of Entrepreneurship and Business Innovation 5, no. 2 (February 27, 2019): 27. http://dx.doi.org/10.5296/jebi.v5i2.13245.
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Idea creation is significant to all disciplines, yet it is even more crucial for entrepreneurs since the process of entrepreneurship requires new and novel ideas in all phases. Ideation should be taught and implemented in an intentional and systematic approach in order to increase the efficiency of idea generation in entrepreneurial activity. Systematic ideation is comprised of a series of steps including observation, building the right ideation team, using multiple thinking methods and idea generation methods together and validating the idea for further improvement. Many of the entrepreneurship programs teach students the process of entrepreneurship after the individual comes forth with an idea, focusing on developing personal skills and business models required for a successful venture. Little attention and focus is dedicated to the initial step of idea creation. Systematic approach to teaching and implementing ideation would fill this gap in entrepreneurship education and field.
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Sudharsan, N. S., and K. Latha. "Preeminent System for Detecting Venomous Banking Sites in Online Business." Applied Mechanics and Materials 573 (June 2014): 519–22. http://dx.doi.org/10.4028/www.scientific.net/amm.573.519.
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. Phishing has become most notorious security issues in online real time web pages. Many studies and ideas have been proposed related to phishing attack in order to overcome the security issues. Phishing attack can be easily done by Uniform resource locator (URL) obfuscation. It is the trick where the user will be forwarded to fake web page which has look and feel effect as the original web page when they click through the fake link. Organizations which use online business and transaction like ebay, paypal use many preventive approaches like blacklist, whitelist of URL in order to prevent any online theft using phishing attack. This paper propose a novel idea for detecting Phishing attack by checking the URL patterns of the suspected page with generated legitimate common URL pattern by inspecting different international URL patterns of that particular banking site.
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Gottfridsson, Patrik, and Anna Stålhammar. "Transforming the service idea – a communication and learning process." International Journal of Quality and Service Sciences 6, no. 1 (March 11, 2014): 2–16. http://dx.doi.org/10.1108/ijqss-03-2013-0010.
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Purpose – This paper is about service innovation processes and especially about how an idea about a new service proposition is realized and gradually transformed during the process. The purpose of this paper is to describe and explain the process by which the idea of what should be developed is formed. Design/methodology/approach – Empirically this study is built on two case studies from the public transport context. The cases studied are long-term and involves a number of different actors from different organizations put together to deliver a new system solution regarding information- and ticketing systems. Findings – The findings indicate that the service ideas gradually develop throughout the service innovation process; some of the changes are that distinct that they could be described as turning points. The reasons for the changes of the ideas are sometimes the renewed awareness that the involved actors get from communicating and learning from each other's, other times the turning points occur as a result form confrontation with the outside world, and what is their perceived as necessary and possible to do. Originality/value – The study is novel in several respects: the notion of the transformation of the service idea during a service innovation process is introduced; it provides an empirical analysis of the knowledge transformation process during a service innovation process, and it applies traditional innovation perspective in a new context.
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Summatavet, Kärt, and Mervi Raudsaar. "Cultural heritage and entrepreneurship – inspiration for novel ventures creation." Journal of Enterprising Communities: People and Places in the Global Economy 9, no. 1 (March 9, 2015): 31–44. http://dx.doi.org/10.1108/jec-03-2013-0010.
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Purpose – The purpose of this paper is to study the role of networking, creating community, product development and mentoring in the experiential and entrepreneurial learning process. A close look is taken at the experiential knowledge of entrepreneurs to understand and bridge the gap between local cultures and entrepreneurial communities: how to map and implement the tacit knowledge possessed by an entrepreneur, and what sources help trainees find attractive ideas for a new venture? Design/methodology/approach – After reviewing the key literature, a phenomenological approach has been applied. Data were collected using not only semi-structured interviews but also secondary data. Findings – Creative entrepreneurs consider it important that learning materials are provided according to the learner’s specialist business idea. They need and expect multi-layered support from peers/coaches/mentors and social/local/specialist networks to test the ideas and products and services directly in the community. Originality/value – As the conventional teaching methodology is inapplicable for creative and community entrepreneurs, the key factors of their venture-creation process focus on their personal experience, skills, capabilities and motivation.
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He, Wei, J. J. Po-An, Andreas Schroeder, and Yulin Fang. "Attaining Individual Creativity and Performance in Multidisciplinary and Geographically Distributed IT Project Teams: The Role of Transactive Memory Systems." MIS Quarterly 46, no. 2 (May 25, 2022): 1035–72. http://dx.doi.org/10.25300/misq/2022/14596.
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Contemporary IT project teams demand that individual members generate and implement novel ideas in response to the dynamic changes in IT and business requirements. Firms rely on multidisciplinary, geographically distributed IT project teams to gather the necessary talent, regardless of their locations, for developing novel IT artifacts. In this team context, individuals are expected to leverage dissimilar others’ expertise for creating ideas during idea generation (IG) and then implement their ideas during idea implementation (II), known as the IGII process. Although much has been done to explain individual creativity, the extant literature offers little theoretical understanding on how to address the double-edged effects of dispersions in both functional expertise (ExpDisp) and geographical locations (GeoDiss)—the two defining characteristics of multi-disciplinary, cross-locational IT project teams—on individual creativity and subsequent performance. Drawing on the IGII framework, we propose transactive memory systems (TMSs) as a plausible team-level solution to tackle the challenge. With a multi-wave multi-level dataset from 141 members and their supervisors from 35 IT project teams, we found that team-level TMS and GeoDiss interactively moderate individual-level IGII processes in multi-disciplinary geographically-distributed IT project teams during both II and IG, but in qualitatively different ways.
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Turk, Žiga, Mewail Giddey, and Robert Klinc. "Platforms - A Novel Paradigm of Construction Collaboration." IOP Conference Series: Materials Science and Engineering 1218, no. 1 (January 1, 2022): 012029. http://dx.doi.org/10.1088/1757-899x/1218/1/012029.
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Abstract Business and innovation models based on an idea of a digital platform have revolutionized information technology use in many consumer areas where uptake of IT would have otherwise been slow. Slow is also the uptake of information technology in construction. The hypothesis of this paper is that the delivery mechanism for technology has not been the most suitable one and that this can be improved upon – using the digital platforms. Term platform has been used before. In this paper we define the concept of a digital construction platform. We then analyse their potential in construction processes, focusing on construction design. The paper contributes to the understanding of an emerging new paradigm for the delivery, marketing, and innovation in digital technology in construction. Follow up work will examine the platforms from the structure-function-behaviour perspective and present their architectural foundations.
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Xu, Gaochao, Yan Ding, Yuqiang Jiang, Ming Hu, and Jia Zhao. "A Novel Distributed Recommendation Framework Using Big Data in Social Context." International Journal of Pattern Recognition and Artificial Intelligence 31, no. 08 (May 9, 2017): 1759015. http://dx.doi.org/10.1142/s0218001417590157.
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Recently big data have become a research hotspot and been successfully exploited in a few applications such as data mining and business modeling. Although big data contain a plenty of treasures for all the fields of computer science, it is very difficult for the current computing paradigms and computer hardware to efficiently process and utilize big data to attain what are looked forward to. In this work, we explore the possibility of employing big data in recommendation systems. We have proposed a simple recommendation system framework BDRSF (Big Data Recommendation System Framework), which is based on big data with social context theories and has abilities in obtaining the Recommender based on the idea of supervised learning through big data training. Its main idea can be divided into three parts: (1) reduce the scale of the current recommendation problems according to the essence of recommending; (2) design a rational Recommender and propose a novel supervised learning algorithm to get it; (3) utilize the Recommender to deal with the later recommendation problems. Experimental results show that BDRSF outperforms conventional recommendation systems, which clearly indicates the effectiveness and efficiency of big data with social context in personalized recommendation.
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Fischbach, Sarah, and Veronica Guerrero. "Mobile Business Retailing: Driving Experiential Learning on Campus." Journal of Marketing Education 40, no. 1 (September 22, 2017): 56–65. http://dx.doi.org/10.1177/0273475317733509.
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Engaging students in the classroom is a struggle all faculty face especially in the age of modern technology. This article proposes a novel approach to engage and motivate students through the mobile business “on wheels” marketing concept. The growth in mobile business retailing (e.g., food trucks, mobile dog groomers, etc.) is an appealing concept for today’s entrepreneurial-minded students. This concept provides students with an opportunity to combine their creativity with their understanding of the seminal marketing concepts of a principles of marketing course. The project involves two marketing challenges: the promotion of a mobile business retailing event on campus and the development of a marketing plan for a unique mobile business retailing idea developed by the students. The project provides a variety of hands-on, engaging pedagogies to guide the students from concept creation based on primary research through campaign proposals integrating digital media examples. Resources in project design, implementation, evaluation, and critical analysis of this comprehensive marketing project are outlined in this article. Recommendations for future research and implementation are also provided.
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Rice, Mark. "SmartPooch: pre-venture opportunity assessment." CASE Journal 14, no. 3 (May 8, 2018): 292–304. http://dx.doi.org/10.1108/tcj-12-2017-0116.
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Synopsis In an MBA capstone project course, a team of four mid-career, working professionals had assessed the feasibility of a new venture idea. All four were dog-lovers who had been frustrated by the ineffectiveness of the various dog training programs and products in which they had participated. Their idea was to utilize a novel technology to assist dog owners in the training process. After completing the course, the team met to determine whether SmartPooch was just an interesting idea—or alternatively was a sufficiently promising opportunity that one or more of them would continue to explore it. Research methodology The four students who are the case protagonists conducted both primary and secondary research. In addition, the case writer conducted additional secondary research and consulted with the four students during the development of the case study. Relevant courses and levels Introductory Entrepreneurship course at Master’s or Undergraduate levels Theoretical bases Frameworks from which feasibility analysis questions were derived include Mullins’ New Business Road Test and Osterwalder’s Business Model Canvas. The discussion of opportunity recognition starts with the definition of opportunity drawn from Hansen, D.J.; Shrader, R.; and Monllor, J. (2009), “Composite definitions of entrepreneurial opportunity and their operationalizations: toward a typology”, Frontiers of Entrepreneurship Research, Vol. 29 No. 17.
Dissertations / Theses on the topic "Novel business idea"
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ALVARADO, VALENZUELA JUAN FRANCISCO. "SOMETHING NEW, SOMETHING USED, SOMETHING BORROWED: INNOVATION OF MIGRANT ENTREPRENEURS IN THE SERVICE SECTOR." Doctoral thesis, Università degli Studi di Milano, 2019. http://hdl.handle.net/2434/633508.
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Innovation contribute to the socio-economic development of a society, and the role of migrant entrepreneurs is slowly getting attention. This study focuses on migratory experiences translated into business ideas with the exploration of business elements that are new, those adapted from other contexts and those shaped by the interaction with people around the entrepreneur. The theoretical inspirations come from the model of diffusion of innovations and the approach of mixed-embeddedness. The relationships product & entrepreneurs, context & entrepreneurs, and connections & entrepreneurs are analysed with 70 interviews in Brescia, Italy and 41 in Amsterdam, the Netherlands as two parallel, but cross-fertilized, cases.
Product & entrepreneurs look at incremental innovation in five features: relative advantage, compatibility, complexity, trialability and observability. Migrant businesses adapted goods and services using past education, work, migration and cultural practices. Digital technology becomes marketing innovation, and cultural traits become product and production innovation. Context & entrepreneurs provides information about innovation programs in Brescia with a lack of incentives for foreigners. The geographical dispersion of immigrants and potential local customers generates an intermittent ethnic demand and the survival of businesses at small scale. Connections & entrepreneurs show that similar and diverse networks are needed: the former to develop and test ideas, and the latter to implement and expand them. Migratory experiences contribute to the adaptation of innovative ideas with the influence of similar networks; nonetheless a limited implementation of innovative ideas where the quality of the connections, rather than quantity, matters.
Books on the topic "Novel business idea"
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J, Courchene Thomas, Mundell Robert A, Institute for Research on Public Policy., and John Deutsch Institute for the Study of Economic Policy., eds. Money, markets, and mobility: Celebrating the ideas of Robert A. Mundell, Nobel Laureate in economic sciences. Kingston, Ont: John Deutsch Institute for the Study of Economic Policy, Queen's University, 2002.
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ALEXANDERA-REES, Tolbert. Write Novels and Present Ideas: A Concrete Guide to Starting a Novel Writing and Business. Independently Published, 2021.
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Fancourt, Daisy. Conceptualizing and planning interventions. Oxford University Press, 2017. http://dx.doi.org/10.1093/oso/9780198792079.003.0005.
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This chapter outlines the first four stages in the process of designing and delivering arts in health interventions. Using business models from industry, management, and health care, it provides a step-by-step guide to conceptualizing and planning effective arts in health interventions that meet a real need within health care. It shows how to scope national and local opportunities, identify specific challenges that the arts could address, select appropriate target groups, understand the needs of patients, public, and staff, undertake consultations, identify relevant research, develop initial ideas, plan for a pilot, and model the impact that the intervention could have. These steps will provide the foundation for a creative and novel intervention with the potential to have real impact and sustainability.
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Edge, M. D. Statistical Thinking from Scratch. Oxford University Press, 2019. http://dx.doi.org/10.1093/oso/9780198827627.001.0001.
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In virtually every field, researchers find themselves navigating tremendous amounts of new data. Making sense of this flood of information requires much more than the rote application of traditional statistical methods. This book will train researchers to be creative and confident users of statistics by thinking hard about the application of simple methods to a small dataset. In particular, this book focuses on simple linear regression—a method with strong connections to the most important tools in applied statistics—using it as a detailed case study for teaching resampling-based, likelihood-based, and Bayesian approaches to statistical inference. This exercise imparts an idea of how statistical procedures are designed and implemented, a flavor for the philosophical positions one implicitly assumes when applying statistics, and an opportunity to probe the strengths and weaknesses of one’s statistical approach. Key to the book’s novel approach is its mathematical level, which is gentler than most texts for statisticians but more rigorous than most introductory texts for non-statisticians. Statistical Thinking from Scratch is suitable for senior undergraduate and beginning graduate students, professional researchers, and practitioners seeking to improve their understanding of statistical methods across the natural and social sciences, medicine, psychology, public health, business, and other fields.
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Nishizawa, Tamotsu, and Yukihiro Ikeda. From New Liberalism to Neoliberalism. Oxford University Press, 2017. http://dx.doi.org/10.1093/acprof:oso/9780190676681.003.0005.
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The chapter explores the intellectual background of the shift toward neoliberal policymaking in Japan. There existed a variety of New Liberal and neoliberal traditions in the Japanese economic thought, which meant the transition from one welfare regime to the next did not necessarily rest on imported ideas. The chapter describes New Liberalism and social liberalism between the wars and the intellectual basis of the postwar welfare regime (focusing on Fukuda, Ishibashi, and Ueda). It then describes the New Liberalism and neoliberalism in the postwar business world (focusing on Keizai-doyukai, the Japan Economic Research Institute, and the Institute of World Economy). The chapter describes the rise of neoliberalism, first under the radar, then explicitly after the mid-1970s (when Hayek won the Nobel Prize), focusing on Nishiyama.
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Hancock, David. Atlantic Trade and Commodities, 1402–1815. Edited by Nicholas Canny and Philip Morgan. Oxford University Press, 2012. http://dx.doi.org/10.1093/oxfordhb/9780199210879.013.0019.
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This article reviews the transfer of goods and services between the continents bordering the Atlantic Ocean. It shows that the demands of long-distance trade, particularly but not solely across the Atlantic, encouraged innovation in technologies and methods, transformed commercial institutions, and required traders to develop novel ways of managing their businesses. After regaining independence from Spain in 1640, Portugal created a transatlantic trading system that was more vigorous than what had existed before 1580. The long eighteenth century witnessed a precipitate decline of France as an Atlantic commercial power and a steady rise of England. Paradoxically, France's Atlantic trading burgeoned, at least at first. While Britain and France struggled for Atlantic control, the Netherlands flourished, albeit in slightly different channels than before. The increase in the efficiency of shipping, the dematerialisation of finance, and the spread of information were substantial results of a burgeoning Atlantic trade. They also forced changes in traders' and governments' ideas about how commerce should be managed.
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Scanlan, Melissa K. Prosperity in the Fossil-Free Economy. Yale University Press, 2021. http://dx.doi.org/10.12987/yale/9780300253993.001.0001.
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This book provides a legal blueprint for creating alternate corporate business models that mitigate climate change, pay living wages, and act as responsible community members, including Certified B Corps and benefit corporations. With an emphasis on cooperatives, the book reveals the power and potential of cooperating as a unifying concept around which to design social enterprise achieving triple bottom-line results: for society, the environment, and finance. The book begins with the year 2020, considering it an inflection point when the world changed due to the spread of the novel coronavirus and sent people into isolation. It talks about the cooperation learned during the pandemic, which is essential in the transition off fossil fuels. It also mentions path-breaking cooperatives that sparked ideas for how to structure social enterprises. Another world was shown to be possible, wherein fossil fuels are left behind and a better life in the new democratic economy is defined by shared prosperity. We have reached a critical juncture in global development that calls for a fresh approach to cooperating for a livable planet. There is a growing awareness around the world to move the global economy off fossil fuels and rethink and redesign man's relationship with natural resources.
Book chapters on the topic "Novel business idea"
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Martin-Nevot, Mickaël, Sébastien Nedjar, Lotfi Lakhal, and Rosine Cicchetti. "C-Idea." In Advances in Business Information Systems and Analytics, 129–69. IGI Global, 2019. http://dx.doi.org/10.4018/978-1-5225-4963-5.ch005.
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Discovering trend reversals between two data cubes provides users with novel and interesting knowledge when the real-world context fluctuates: What is new? Which trends appear or emerge? With the concept of emerging cube, the authors capture such trend reversals by enforcing an emergence constraint. In a big data context, trend reversal predictions promote a just-in-time reaction to these strategic phenomena. In addition to prediction, a business intelligence approach aids to understand observed phenomena origins. In order to exhibit them, the proposal must be as fast as possible, without redundancy but with ideally an incremental computation. Moreover, the authors propose an algorithm called C-Idea to compute reduced and lossless representations of the emerging cube by using the concept of cube closure. This approach aims to improve efficiency and scalability while preserving integration capability. The C-Idea algorithm works à la Buc and takes the specific features of emerging cubes into account. The proposals are validated by various experiments for which we measure the size of representations.
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Podosokorsky, Nikolay N. "The Legend of Rothschild as the “Napoleon of Finance” in Dostoevsky’s Works." In Dostoevsky’s Novel The Adolescent: Current State of Research, 257–74. A.M. Gorky Institute of World Literature of the Russian Academy of Sciences, 2022. http://dx.doi.org/10.22455/978-5-9208-0677-2-257-274.
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The paper analyses the legend of the mighty financial dynasty of Rothschilds who exerted great influence on business life, politics, and culture in 19th-century Europe. Dostoevsky considered the motif of the power of money and Mammon’s greatness as one of the severest problems of his time, “a cruel time, a time of business and money, a calculating time, full of tables, numbers, and zeros of all kinds and types”. From his earliest works, Dostoevsky relates the Napoleonic idea with the idea of monetary enrichment (“Mr. Prokharchin”, “Uncle’s dream”, Crime and Punishment, and others). However, in his early works, the names of Rothschild and Napoleon evolved in parallel, and finally merged only in his novels The Idiot and The Adolescent.
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Saavedra, Angelo, Bernice Kotey, and Kamaljeet Sandhu. "The Digital Value Propositions for Virtual Business Incubators." In Digital Innovations for Customer Engagement, Management, and Organizational Improvement, 1–19. IGI Global, 2020. http://dx.doi.org/10.4018/978-1-7998-5171-4.ch001.
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Business incubators (BIs) are property-based initiatives that provide nascent entrepreneurs access to a mix of business support services and networking opportunities. These services are expected to foster the idea generation process from inception to commercialisation, with the hope they will later develop into self-sustaining, thriving ventures. Digital technologies have enabled BIs to extend their support services to include new digital services, and to expand their geographical coverage, giving rise to the virtual business incubator (VBI). This chapter provides a detailed review of the BI from its origin until the emergence of the VBI, highlighting their main characteristics, differences, and benefits. Furthermore, the author argues the view of the VBI as an extension of the BI is insufficient to fully understand its operations, value-added incubation services, and contribution to venture success. Therefore, a novel conceptual framework to define the VBI is proposed.
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Biswas, Baidyanath. "Forecasting Software Vulnerabilities Using Time-Series Techniques." In Advances in Business Information Systems and Analytics, 125–65. IGI Global, 2019. http://dx.doi.org/10.4018/978-1-5225-3534-8.ch007.
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This chapter discusses the concepts of time-series applications and forecasting in the context of information systems security. The primary objective in such formulation is the training of the models followed by efficient prediction. Although economic and financial forecasting problems extensively use time-series, predicting software vulnerabilities is a novel idea. The chapter also provides appropriate guidelines for the implementation and adaptation of univariate time-series for information security. To achieve this, the authors focus on the following techniques: autoregressive (AR), moving average (MA), autoregressive integrated moving average (ARIMA), and exponential smoothing. The analysis considers a unique data set consisting of the publicly exposed software vulnerabilities, available from the U.S. Dept. of Homeland Security. The problem is presented first, followed by a general framework to identify the problem, estimate the best-fit parameters of that model, and conclude with an illustrative example from the above dataset to familiarize readers with the business problem.
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Stahlke, Samantha, James Robb, and Pejman Mirza-Babaei. "The Fall of the Fourth Wall." In Research Anthology on Business Strategies, Health Factors, and Ethical Implications in Sports and eSports, 307–24. IGI Global, 2021. http://dx.doi.org/10.4018/978-1-7998-7707-3.ch017.
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Over the past several years, the live-streaming of digital games has experienced a vast increase in popularity, coinciding with the rise of eSports as an entertainment medium. For a rapidly growing audience, streamed content provides material from an ever-increasing roster of games, tournaments, and special events. Recently, streaming platforms, game developers, and professional players have experimented with the inclusion of viewer interaction through mechanisms such as chat, broadcast messages, donations, and voting systems. With the advent of these mechanisms, the concept of game viewership has entered a transitory period; while still largely focused on consumption, for many spectators, the viewing experience is no longer an entirely passive act. The idea of interactive spectatorship (the authors refer to it as Spectator-players) carries the potential for audience members to engage with content at a much deeper level, participating actively in a novel form of entertainment and contributing to an enriched gaming community. This novel form of gaming interaction poses interesting challenges for game designers, as it requires design considerations to meet the needs of players, passive viewers, and active audience members alike. In this paper, the authors examine the opportunities and challenges presented by the design of interactive spectator experiences. Ultimately, they propose a series of design guidelines aimed at the exploration of development in the area of interactive spectator experiences.
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Chakravarthy, M. Hemanth, E. Kannan, and M. J. Carmel Mary Belinda. "A Hybrid Routing Protocol Towards Secure and Smart Military Applications in Cloud Environments." In Advances in Computer and Electrical Engineering, 234–48. IGI Global, 2019. http://dx.doi.org/10.4018/978-1-5225-9023-1.ch014.
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Having understood the strategic significance of the flourishing cloud idea, enterprises across the globe are keenly strategizing and executing to embark on the cloud journey with all the clarity and confidence. There are product vendors bringing forth additional capabilities to easily and quickly setup and sustain competent cloud environments, which are being positioned as the one-stop IT solution for worldwide business organizations. The business domains such as governments, retail stores, healthcare providers, telecommunication service providers, supply chain and logistics, utilities, homeland security, etc. are keenly embracing the cloud idea to be ahead of their competitors in their operations, outputs, and offerings. However, there are some critical challenges and concerns being associated with the cloud paradigm. The widely quoted non-functional requirements (NFRs) and the quality of service (QoS) attributes such as security, performance, reliability, modifiability, and availability have to be fulfilled by cloud software, platform and infrastructures in order to boost the confidence level of business executives and institutions. There are mission-critical and emergency services, which are finding their residence in cloud environments (private, public, and hybrid). Their requirements are quite unique and hence researchers across the globe are striving hard and stretching further to bring forth innovative, disruptive, and transformation technology solutions to fulfill the various needs. This chapter proposes a cloud-based network architecture that contributes a consistent and ubiquitous internet connection. The mesh topology is recommended here to ensure that the connectivity is available all the time without any fail and slowdown. The security of data when it gets transmitted over channels, persisted in data stores, and used by applications, has to be ensured in order to boost the confidence of data owners and users. Hence, this chapter proposes a secure cloud-based heterogeneous network using a novel routing protocol.
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Chakravarthy, M. Hemanth, E. Kannan, and M. J. Carmel Mary Belinda. "A Hybrid Routing Protocol Towards Secure and Smart Military Applications in Cloud Environments." In Research Anthology on Military and Defense Applications, Utilization, Education, and Ethics, 272–86. IGI Global, 2021. http://dx.doi.org/10.4018/978-1-7998-9029-4.ch015.
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Having understood the strategic significance of the flourishing cloud idea, enterprises across the globe are keenly strategizing and executing to embark on the cloud journey with all the clarity and confidence. There are product vendors bringing forth additional capabilities to easily and quickly setup and sustain competent cloud environments, which are being positioned as the one-stop IT solution for worldwide business organizations. The business domains such as governments, retail stores, healthcare providers, telecommunication service providers, supply chain and logistics, utilities, homeland security, etc. are keenly embracing the cloud idea to be ahead of their competitors in their operations, outputs, and offerings. However, there are some critical challenges and concerns being associated with the cloud paradigm. The widely quoted non-functional requirements (NFRs) and the quality of service (QoS) attributes such as security, performance, reliability, modifiability, and availability have to be fulfilled by cloud software, platform and infrastructures in order to boost the confidence level of business executives and institutions. There are mission-critical and emergency services, which are finding their residence in cloud environments (private, public, and hybrid). Their requirements are quite unique and hence researchers across the globe are striving hard and stretching further to bring forth innovative, disruptive, and transformation technology solutions to fulfill the various needs. This chapter proposes a cloud-based network architecture that contributes a consistent and ubiquitous internet connection. The mesh topology is recommended here to ensure that the connectivity is available all the time without any fail and slowdown. The security of data when it gets transmitted over channels, persisted in data stores, and used by applications, has to be ensured in order to boost the confidence of data owners and users. Hence, this chapter proposes a secure cloud-based heterogeneous network using a novel routing protocol.
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Teh, Pei-Lee, Huo-Chong Ling, Soon-Nyean Cheong, and Pervaiz K. Ahmed. "Mobile Embedded System." In Multigenerational Online Behavior and Media Use, 425–52. IGI Global, 2019. http://dx.doi.org/10.4018/978-1-5225-7909-0.ch023.
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The use of smartphone is pervasive. With device pocketability driving user engagement throughout the day, it is highly probable that smartphones will replace daily items (e.g., keys and credit cards) that people now carry around. The idea presented here is a significant step in this direction. This chapter details the authors' design and development of a smartphone access control system using Near Field Communication (NFC) Encrypted Steganography Graphical Password (ESGP). The primary objective is to leverage the technical capability of NFC-enabled smartphones in developing a two-factor authentication system connecting physical resources (i.e., premises) and virtual resources (i.e., password knowledge). This involves a novel integration of token-based, graphical-password authentication, cryptography and steganography. The second objective is to evaluate users' behavior intention to use the system. New insights for researchers and business world interested in the unified solutions for NFC-compatible smartphone, access control and mobile security are provided.
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Brehm, N., D. Lübke, and J. Gómez. "Federated Enterprise Resource Planning Systems." In Handbook of Enterprise Systems Architecture in Practice, 290–305. IGI Global, 2007. http://dx.doi.org/10.4018/978-1-59904-189-6.ch017.
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Enterprise resource planning (ERP) systems consist of many software components, which provide specific functionality. As ERP systems become more complex, the financial expenditures that are associated with the application of such systems dramatically increase. Furthermore, ERP system development of nowadays is product-oriented and coordinated by only one instance at any one time. Consequently, each product has a separate data model, which is the basis for the integration of various types of business applications. Based on this fact, the selection of the covered functional enterprise sectors as well as the implemented functions is controlled by the respective vendor, too. Thus, enhancements and modifications of the standard software product are incumbent upon the software vendors. A cross-vendor standardization of data models for ERP systems and the establishment of unified architectural model, however, would change this situation. The new idea is to develop a novel ERP system architecture, which facilitates an overall reusability of individual business components (BC) through a shared and non-monolithic architecture based on Web services. The presented approach uses Web services to wrap up ERP components that are provided within a distributed system, which appears as an ERP community and serves as a vendor-independent platform.
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Ktoridou, Despo. "Cultivating Entrepreneurial Thinking through a Management of Innovation and Technology Course." In Advances in Educational Marketing, Administration, and Leadership, 114–33. IGI Global, 2013. http://dx.doi.org/10.4018/978-1-4666-2116-9.ch006.
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In recent years, the concept of entrepreneurship and the idea of entrepreneurship education are not novel. Entrepreneurship education at the university level is mostly taught in business schools. Entrepreneurial skills, though, are not only necessary for students who become entrepreneurs. Science and Management Information Systems (MIS) specializations are preparing students to effectively integrate into the competitive working environments of the 21st century. Nevertheless, a common observation is that it is often difficult for students to see any motivation in cultivating mainly entrepreneurial thinking through a course of Management of Innovation and Technology. Academics and practitioners, who teach related topics, especially to multidisciplinary classes, continuously seek innovative teaching and learning approaches to impose more learning responsibility on students, mainly to cultivate their entrepreneurial thinking and acting. This chapter examines the impact of Student-Centered Learning (SCL) introduced in the new multidisciplinary undergraduate course MGT370 Management of Innovation and Technology at the University of Nicosia. The study shows that students and lecturer effectively adopted SCL and commented on its worth for their teaching and learning. Further, the study confirms the implementation of SCL as a significant contribution in cultivating students’ entrepreneurial thinking in meeting the needs of the 21st century.
Conference papers on the topic "Novel business idea"
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Sakahara, Atsushi, Madoka Hasegawa, and Atsushi Ito. "A Novel Idea Generation Method, “SA method”." In 13th International Conference on Applied Human Factors and Ergonomics (AHFE 2022). AHFE International, 2022. http://dx.doi.org/10.54941/ahfe1001791.
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“A technique for producing ideas” (James Webb Young,1940) has been a bible for advertising people since its publication. It says, “An idea is nothing more nor less than a new combination of old elements.''(P.15) It also says, “ An idea is a new combinations”.(P.20). But it never mentions how you can combine ideas with an excuse: “This part of the process is harder to describe in concrete terms because it goes on entirely inside your head.”(P.20) Another well known technique for idea producing is the “KJ method”(Jiro Kawakita,"Abduction”1967). It is an approach to find ideas by organizing ideas and it doesn't explain how you can produce ideas by combining elements.Now we are in an era where creation is the important drive force of economic activities in our society and creation is producing ideas. But still the process of producing ideas is in the veil. I am a film director, educator, as well as management consultant. Many of my students and clients need to find an idea with an objective such as career goal, new business idea, project idea. When I help them, I often deploy techniques I use for developing movie projects. I realized I always go through the same path with them. So I developed the “SA method” based on the path I always go through with my students or clients. I am now developing a software application based on the method.Combining two ideas is not so difficult but combining three ideas is extremely difficult. “SA method” helps people to produce ideas by combining three elements. “SA method” assumes an idea with three elements must be a “synthesis” produced by an aufheben in dialectic development with two elements. And each of three elements must be a synthesis produced in dialectic development with the rest respectively. When an idea is produced with three elements, the dialectic is revolved with the same three elements so that the idea is kneaded. “SA method” also has a process of quantifying it and describing it, which not only helps to ferment ideas in mind but also helps to select ideas at each proper timing. This selection also helps to separate the idea generation stage and the idea selection stage. According to my observation, people, who are not good at producing ideas, don’t know the importance of the separation. The SA method is a unique combination of practical and original use of dialectic development and Analytical Hierarchy processing.I conducted pilot tests with 35 undergraduate students at Utsunomiya University and 6 undergraduate students at Chuo University in November of 2021 to find their career goal using the SA method. During the trial, some people had difficulties producing 25 ideas. There may be some reasons such as not being accustomed to generating ideas and “SA method”, and 25 was an unnecessarily large number. Also they didn’t have enough time to search for information about their career development.We are now considering how to refine the methodology. Also, we have started to develop a Web based tool or PC application to work with the “SA method” visually. I would like to conduct further research projects such as comparing “SA method” with “KJ method” while refining the method.
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Al Shammakhi, Adnan, Kevin Oelofse, Maram Al Busaidi, Fakhri Al Sukaiti, and Bader Al Shekaili. "Improving Observable Leadership Behaviours in Asset Integrity and Process Safety Huddles Through the Utilization of Thriving in Change (TIC) Approach." In ADIPEC. SPE, 2022. http://dx.doi.org/10.2118/211109-ms.
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Abstract Objectives/Scope The purpose of this paper is to share knowledge from utilizing a novel behavioral change management approach, that incorporates agile, ideation and experimentation methods, to improve Asset Integrity and Process Safety Management (AIPSM) at Petroleum Development Oman. This paper includes an overview of the methods used to achieve positive shifts in safety leadership Behaviors observed during team AIPSM engagements or "huddles". Methods, Procedures, Process Our Thriving in Change (TIC) approach was utilized, and the following methods were deployed: 1) Observable Behaviors identification: This involved identifying the leadership Behaviors critical to AIPSM success. 2)Ideation: This creative process involved co-creating possible behavioral intervention ideas or "nudges" with key stakeholders. 3)Prioritization: Ideas were prioritized based on the most passionate first since people support what they are most passionate about. The selected idea was then further improved to fit within typical cost, time and do-ability constraints. 4)Behavioral Experimentation: The idea was then converted into an experiment card to facilitate the planning, measurement and learning around the behavioral experiment Results, Observations, Conclusions The primary outcomes of this process were: 1) Behavior Observation card: a simple and cost effective co-created solution to nudging leaders at all levels towards the Behaviors that are required in creating a culture that supports AIPSM 2)Minimal resistance: People support what they help to develop. The approach of selecting the most passionate idea first helped drive higher levels of engagement and participation in the execution of the idea. 3)Create a learning organization: The PDCA nature of the experimentation card promotes cycles of learning and experimentation until the goal is achieved. 4) Speed of implementation: The agile approach encouraged quicker doing and results. Learning our way into it rather than suffering "analysis paralysis". The observations from our behavioral experiment: The first round of experimentation was not successful, however it provided us with several learnings such as shifting the language used and making the observation card simpler and easier to use. The second round of experimentation in 4 different areas provided a more positive result. Within a month we observed improvements in the targeted leadership Behaviors and huddle leaders viewed this as a valuable coaching tool. The observation card is now being rolled out across all PDO AIPSM "huddles". As a conclusion, the observation card helped to improve observable leadership Behaviors such as communication, transparency, respect etc, which improved the overall AIPSM management. Novel/Additive Information Holistically the approach used can be transferred to any other business with some customization to suit each organization business nature. The utilization of change management tools such as ideation and behavioral experimentation is not common in the oil field sector. Looking to the future we can expand the utilization of the change management tools to other HSE project and furthermore to support some PDO strategic projects.
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Kirjavainen, Senni, and Katja Hölttä-Otto. "To Classify or Combine: The Effects of Idea Generation Mechanisms on the Novelty and Quantity of Ideas." In ASME 2019 International Design Engineering Technical Conferences and Computers and Information in Engineering Conference. American Society of Mechanical Engineers, 2019. http://dx.doi.org/10.1115/detc2019-97141.
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Abstract Idea generation is an integral part of creative problem solving that happens in all businesses developing products — whether they were services or physical products. Idea generation methods have been studied against one another to create an understanding on how to produce most novel and innovative ideas or how to use certain mechanisms such as incubation or analogies in order to promote idea generation. This paper presents a study comparing two idea generation mechanisms used as interventions during an alternate uses test. A group of 61 participants either classified or combined their ideas from the first round of ideation to come up with more ideas on a second round of idea generation. An outcome-based approach was used to evaluate the data and two metrics, quantity and novelty were used to evaluate the resulting ideas per group and round and unique ideas produced after the intervention. The results suggest that at least when ideating alone, it is useful to stop and use some time to either classify or stop, observe and start combining the ideas already produced. Both have a positive effect on idea novelty, but classifying ideas results in significantly higher novelty scores over combining ideas. There was no difference in the novelty of unique ideas between the two groups, but both had a positive effect on novelty of unique ideas. Classifying ideas into categories produced significantly more unique ideas than combining ideas.
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Kubo, Yoshito, and Osamu Sato. "Differences in processes and outcomes between starting from in-house industrial designers and starting from R and D engineers in design-driven innovation." In 13th International Conference on Applied Human Factors and Ergonomics (AHFE 2022). AHFE International, 2022. http://dx.doi.org/10.54941/ahfe1002558.
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This research aims to clarify the differences in development processes, new product outlines, and post-launch results between two cases of design-driven innovation (DDI), one starting from industrial designers and the other starting from engineers.SignificanceThe importance of design for gaining a competitive advantage is well documented in many countries with a strong tradition of industrial design, such as Italy, Sweden, and Japan. The DDI concept proposed by Roberto Verganti has been developed based on the analysis of more than 50 case studies, mainly from the manufacturing industry. However, while several studies have been published on the practical process of DDI, there are still few empirical studies that focus on the differences in the processes and outcomes of DDI when starting from in-house industrial designers and when starting from R&Dengineers.MethodologyThis study adopted a qualitative approach using Yin's methodology and selected two cases related to high-end model electric fans launched by two Japanese electronics companies in the electric fan market, which is a mature market.In both cases, information on the development process was collected mainly through the use of authenticated secondary sources, augmented in part by direct interviews. On the other hand, the overviews of the new products were based on the product catalogs, and the post-launch results were analyzed based on POS data.Findings/Discussion of resultsNew product development related to the DDI process includes the following stages: design research, idea generation, concept design, product planning, legal protection (patents, etc.), detail design, prototype manufacturing, testing, and production.In the two cases, the in-house designers play a strategic role in the product planning stage, but the main role of idea generation is different. In the case where idea generation was led by the in-house designers, the appearance of the conventional electric fan was retained, but incremental innovation through modularization was achieved. On the other hand, in the case where the ideas were generated by engineers in the R&Ddepartment, a different technology was adopted for the air blowing mechanism, resulting in newness in terms of appearance and product concept.Both models won the Good Design Award and succeeded in establishing a new domain of high-end electric fans in a mature market. The products originating from in-house industrial designers could only increase the number of fan blades in order to compete with other companies' products in subsequent product development. In contrast, the design by R&Dengineers achieved less-than-satisfactory results in terms of sales due to the newness of its design, but it had a positive impact on the company's subsequent product development and business expansion by applying the adopted technology to products other than electric fans. As a result of this study's considerations, it was found that differences occur in the development processes, new product outlines, and post-launch results when the originators are in-house industrial designers and when they are engineers.Originality/valueThis novel qualitative study will advance the accumulation of DDI process research related to new product development and provide suggestions on how to effectively manage and utilize in-house industrial designers and engineers to ensure successful DDI and its outcomes.
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Reddicharla, Nagaraju, Subba Ramarao Rachapudi, Indra Utama, Furqan Ahmed Khan, Prabhker Reddy Vanam, Saber Mubarak Al Nuimi, and Mayada Ali Sultan Ali. "A Novel Well Test Data Analyzer and Process Optimizer Using Artificial Intelligence and Machine Learning Techniques." In SPE Annual Technical Conference and Exhibition. SPE, 2021. http://dx.doi.org/10.2118/206137-ms.
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Abstract Well testing is one of the vital process as part of reservoir performance monitoring. As field matures with increase in number of well stock, testing becomes tedious job in terms of resources (MPFM and test separators) and this affect the production quota delivery. In addition, the test data validation and approval follow a business process that needs up to 10 days before to accept or reject the well tests. The volume of well tests conducted were almost 10,000 and out of them around 10 To 15 % of tests were rejected statistically per year. The objective of the paper is to develop a methodology to reduce well test rejections and timely raising the flag for operator intervention to recommence the well test. This case study was applied in a mature field, which is producing for 40 years that has good volume of historical well test data is available. This paper discusses the development of a data driven Well test data analyzer and Optimizer supported by artificial intelligence (AI) for wells being tested using MPFM in two staged approach. The motivating idea is to ingest historical, real-time data, well model performance curve and prescribe the quality of the well test data to provide flag to operator on real time. The ML prediction results helps testing operations and can reduce the test acceptance turnaround timing drastically from 10 days to hours. In Second layer, an unsupervised model with historical data is helping to identify the parameters that affecting for rejection of the well test example duration of testing, choke size, GOR etc. The outcome from the modeling will be incorporated in updating the well test procedure and testing Philosophy. This approach is being under evaluation stage in one of the asset in ADNOC Onshore. The results are expected to be reducing the well test rejection by at least 5 % that further optimize the resources required and improve the back allocation process. Furthermore, real time flagging of the test Quality will help in reduction of validation cycle from 10 days hours to improve the well testing cycle process. This methodology improves integrated reservoir management compliance of well testing requirements in asset where resources are limited. This methodology is envisioned to be integrated with full field digital oil field Implementation. This is a novel approach to apply machine learning and artificial intelligence application to well testing. It maximizes the utilization of real-time data for creating advisory system that improve test data quality monitoring and timely decision-making to reduce the well test rejection.
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Schroeffer, Andreas, Franz Irlinger, and Tim Lueth. "Methods for the Design of Individual Mechanisms for the Fabrication by Additive Manufacturing." In ASME 2021 International Mechanical Engineering Congress and Exposition. American Society of Mechanical Engineers, 2021. http://dx.doi.org/10.1115/imece2021-69602.
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Abstract Additive Manufacturing (AM) enables the quick and cost-effective generation of complex geometries and therefore new business models such as individualized products. The time-consuming step thereby is no longer the production, but the design of the parts. The key to solve this issue is the development of algorithms for automated process-specific design. Currently, the design process for parts fabricated by AM is still characterized by the procedure used for traditional fabrication processes. Several manual steps are necessary, requiring time and expert knowledge. At our institute, a MATLAB integrated design toolbox is developed, trying to overcome these issues. The basic idea is an algorithmic approach to design problems and a direct generation of surface models that can be fabricated in an AM process. It can be used to realize design tools that allow to define parts by their functionality and not by their geometry. In this work, the toolbox is used to create automated design algorithms for individual compliant mechanisms. A novel droplet-based AM process enabling hard/soft multi material printing is used to fabricate the parts. The scope of the software provides a component library of flexure hinges, mechanical connectors, and grippers that are generated from functional descriptions given by the design engineer. Several application examples of compliant mechanisms realized with the software are shown. An experiment is presented showing investigations of how well functional specifications can be reached.
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Markopoulos, Evangelos, Ines Selma Kirane, and Hannu Vanharanta. "Metaverstic Innovation Management: The World Innovation Stock Exchange Democratic Incubator." In 13th International Conference on Applied Human Factors and Ergonomics (AHFE 2022). AHFE International, 2022. http://dx.doi.org/10.54941/ahfe1001523.
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Since the first ideation of the World Innovation Stock Exchange in 2015, the business landscape has drastically changed. The world witnessed the introduction the Metaverse as the pioneer of cyber-parallel worlds. Societies endured a global pandemic and the subsequent socio-economic crises of unprecedented force. All happened under an ambient banalization of individual entrepreneurship as a shaping capacity with increasing impact power on the Collective (physical, cultural, and digital society). Under the phenomena of globalization and financialization, the contribution to knowledge and innovation is becoming more and more organic, since citizens themselves endorse an entrepreneurial proactiveness in tackling challenges of varied scale. The contemporary global technologic and social disruptions are changing the game of innovation management. Emerging and existing technologies of the Industrialisation 4.0 not only provide a platform to the digital world, but also augment it, thereby augmenting the impact a sole individual, a simple organization, or a remote business can have in innovating globally. Moreover, global crises have accelerated both the already occurring evolution of work-places & work-practices, and the capacity stakeholders have in endorsing collectively and holacratically projects to solve commonly faced challenges. More than ever before, the digital world enables to collaboratively develop, control and monetise one another’s Innovation. The diversity in stakeholder’s collaboration is a consequence of these structural changes. Indeed, it is no longer surprising that eminent businessmen now collaborate individually with start-up incubators, celebrities partner with social enterprises, and eminent scholars pair up with MNCs to come up with developmental programs. Above the previously mentioned technological, social, and economic disruptions, a superseding revolution has occurred. One that is structurally reshaping individual and social relationships to knowledge and knowledge management: the democratisation of intellectual capital. Nowadays, anyone connected to the web can collaborate and expose its ideas formally or informally on a variety of social media and professional platforms. The number of innovators with unique profiles, in age, geographic location, and social status has sprung. The power of metaverstic-like processes in knowledge management relies on its democratic nature, inclusively welcoming a diversity of profiles and ideas. How to take sporadic ideas and contributions internationally, expressed on a web platform, and instantaneously match them, ideally structure them, and coordinate their protagonists’ actions to pursue them? How to facilitate and incentivise the evolution idea-innovation? How to optimally take ideas on a page to a lifechanging service? Since innovation management is becoming gamified, the is an evident need to develop Metaverstic project management tools that encompasses not only AI-facilitated holacratic teaming, but also blockchained project management in all its phases (from ideation to market launch), while taking into account the critical component of innovation monetisation. In 2015, the World Innovation Stock Exchange already set the bases of such Metaverstic platform of innovation management: this Exchange structures the meeting of the minds, just as any financial stock exchange does, while following the Shared Values principles. To extend on the premises of this novel Exchange, this paper describes in detail how a component of the W.ISE will have to be developed, namely the World Innovation Stock Exchange Democratic Incubator (WISE-DI). It describes how it operates conceptually and to which extent it answers structural guidelines to practically develop this W.ISE. It addresses the critical notion of Innovation tokenization with the MarkPoints cryptocurrency, the securitization of project management via the W.ISE blockchain, and the monetization of the launched-to-market innovations in the real economy*. The ultimate benefit of the W.ISE-DI platform relies on both its smart structuring capacity and user-friendly/ interactive interface, which enable to manage intellectual contribution ownership and incentivise R&D collective financing.
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López-Parra, Marcelo, Vicente Borja, Alejandro Ramírez-Reivich, and Osiris Ricardo-Torres. "Embedding the Innovation Process in the CDMIT: Mexican Engineers Face New Challenges Today." In ASME 2017 International Mechanical Engineering Congress and Exposition. American Society of Mechanical Engineers, 2017. http://dx.doi.org/10.1115/imece2017-70167.
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Since 1976 the Mechanical Design Center of UNAM (CDMIT) has worked under the premise that experiential learning is a scheme that substantially helps in the task of educating engineers. The work of the CDMIT over the years has yielded good results that have underpinned the education process of its engineering students. Using real-world sponsored projects to integrate engineering knowledge taught in the classroom is not a novel idea though; CDMIT’s method of organizing teams of students essentially follows Kolb’s framework of learning through experience (LTE). The CDMIT implemented a way of bringing real-world engineering projects closer to the students, sometimes emulating such experiences in the classroom and some other times via the realization of senior capstone projects that involve the design and manufacture of automatic machine systems that are developed to either displace intensive manual work needed in production lines or to avoid importing expensive pieces of production equipment. This paper reports on the results and impact that these design projects and application of the LTE model have had on the students’ education. On the other hand, Mexico is also experiencing new opportunities and challenges; the country became the fourth world largest exporter of automobiles not long ago, in 2014. The automotive companies established in Mexico are mainly looking for engineers that have a generic and solid technical background in the core knowledge areas of the curriculum, this allows their training and development departments to better guide young engineers towards specific strategic technical fields that are considered important. The automotive industry boom, besides creating new job positions, has helped Mexico to come onboard the train of future transportation technologies. This trend has been particularly appealing to young engineers who envisage great business opportunities. Under this scenario, the LTE method has therefore to be strengthened in different ways. The second part of the paper explains how the CDMIT is embedding the innovation process in the curricula; the final goal is to help students learn the tools that will allow them to develop a design ability, emphasizing innovation and ingenuity.
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Grochmal, Stanisław. "Paradigm of Unity - a New Holistic Paradigm in Management Sciences. Ergonomic and Spiritual Aspect in Theory and Practice." In Applied Human Factors and Ergonomics Conference. AHFE International, 2020. http://dx.doi.org/10.54941/ahfe100398.
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A paradigm of unity and its application in the management sciences is presented in the paper. This innovative approach has anthropological, economic, cultural, ergonomic, and spiritual aspect and concerns each human activity. These aspects are discussed in the paper. The novel character of the paper lies in the consideration of ergonomics and spirituality as constitutive elements of the management process. The paradigm of unity in economics and management sciences is expressed by the idea of the economy of communion which has been implemented for more than twenty years in 800 enterprises worldwide. The analysis of management processes in these businesses (also from the ergonomic and spiritual point of view) is presented in this paper. The results of research carried out in 110 businesses worldwide are presented. For six content dimensions of paradigm of unity the weight coefficients are evaluated on the basis of experts’ opinion and then the degree of implementation of these dimensions in practice is determined, based on questionnaires filled in by entrepreneurs. The conformity of the idea with practice is quantitatively calculated and is used as a numerical metric of the quality of management. This approach in management sciences is a new one. It is a modern, holistic and integrated vision of management.
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Kulkarni, Sukrut Shridhar, and Marliana Bt Mohammad. "Improvising Integrated Gas Planning Through Network Optimization for End-To-End Value Chain Enhancement." In International Petroleum Technology Conference. IPTC, 2021. http://dx.doi.org/10.2523/iptc-21235-ms.
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Abstract This paper describes a suggestion to improvise an integrated gas planning process through network optimization. As a prudent operator it is imperative to formulate long-term gas supply outlook and scenarios to ensure efficient and effective resource management with due considerations of growth strategies while maximizing value for purpose of production-focused conversations, technical assessment of forthcoming developments, commercial arrangement policy and strategic expansions. Also, it necessitates to develop and implement resolution plan arising from supply planning areas i.e. shortfall mitigation, facilities ullage, constraint and complying specifications commitment. It thereby imposes to implement robust network optimization workflow in place to improvise the integrated gas management cycle to manage the current existing gas supply and to also regulate strategy in terms of line-ups, evacuation path of forthcoming fields economically. Precedingly integrated gas planning exercise was executed via stacking up list of production sources with forecasted demands. The precedent approach was emphasized purely on mathematical and statistical method of capitalizing the production profile and geographical traits of the production sources. Notwithstanding, the approach usually linked with identified challenges and pain points throughout the planning cycle. Challenges and pain points in integrated gas planning were briefly outlined to understand limitations of existing work process as well as the need of improvising the same by embedding network optimization by simulation modeling. It was observed that multiple challenges did occur during planning preparation until post planning implementation. Workflow for strategic integrated gas planning was established to include step by step process to illustrate the ideal case otherwise known as base case scenario. The work process for constructing a mathematical model for integrated gas planning was demonstrated to reflect the complexity of the process and landscape network. For each process, expectations were clarified to ensure robustness of the analysis. The limitations in the mathematical/statistical model workflow process was complimented by the enhancing method through network optimization. Network optimization was evaluated by leveraging on the development of holistic integrated modelling for current complex offshore facilities to empower and safeguard the proposed line up of new fields meeting technical allowances such as ullage, pressure balancing & supply/demand requirements, contaminant management in accordance with strategic planning & operations. Novel idea was established to create physical prototype (network model) of offshore supply network with building components such as source (fields), connectors (export pipelines and highways), sinks (multiple terminals), and pressure boosters (pump/compressor) were embedded in model for landscape along with multiple receiving end terminals. Network simulation model was also validated with Plant information PI data to yield representative results prior deployment. Situational analysis (what-if scenarios) were conducted to evaluate to root cause analysis and troubleshooting at several nodes in the network to cater for harmonic balance. Gap analysis was also executed to identify the necessary alterations to operating philosophy, partial segregation of system to cater for product demand and quality. Simulation network model was also utilized to explore different evacuation routes that could adhere to business rules/standards to optimize the work process and boost up the efficiency of current network. The above approach of improvising the integrated gas planning through network optimization truly enhance the end to end value chain by constituting result matter in validating the mathematical planning model with technical simulation to ensure robustness in management decision of certain strategies for the planning scenarios. It could also advocate the planning numbers by ensuring the do-ability and steer optimal solution for value maximization by deciphering the impediments and strengthening the analysis.