The role and evaluation of the modern corporation is being challenged by multiple stakeholders, changing markets and public expectations. Unfortunately, corporate governance, regulation and accounting have played a prominent role in business failure for the past decade resulting in a growing lack of public confidence in our markets. We present a new model that contributes to improving the quality of corporate information by providing not more, but better information through increased intelligibility of overall information, benefiting both the firm and its broad array of stakeholders. It has become apparent that boards, management and regulators have been unable to cope with the rise of business failures by adding increasing layers of regulation that have often served only to exacerbate the complexity and further cloud the transparency of needed information. We have identified a growing number of forward-thinking firms that have found alternative means to provide better and 9600 Garsington Road, Oxford OX4 2DQ, UK. information and strengthen their companies. We offer a stakeholder-centric model for improving information intelligibility based upon the extensive scope and variety of external input derived from the growing social movement organizations. With the added focus on intelligibility, these groups can help foster greater corporate responsibility, meaningful transparency, increased stakeholder benefits, and improved overall performance of the firm.
Management research has been challenged by the altering realities of organization life, job roles, and individual motivations that have long guided traditional theoretical thinking. The classical frameworks regarding managerial performance requirements have been largely based upon organizationally driven underpinnings. We propose a cognitive shift suggesting that individually driven roles and desires are impacting the relevancy of conventional job requirements. Our study analyzes the utilization of managerial skills, mindsets, and roles as perceived by 259 executives representing nine industries and ~200 organizations. The results reveal that the interpretation and application of managerial roles are primarily influenced by the individual’s intentions rather than adherence to the current organizationally based theoretical taxonomy as taught by many business schools. These findings illuminate the gap between the vast amount of effort researchers and educators have expended on taxonomic precision and its questionable relationship to organizational and individual learning and effectiveness. The theoretical and practical implications of these findings are discussed along with recommendations to extend the current research.
Purpose -The purpose of this investigation is to identify and examine the tactics and upward mobility strategies utilized by individuals who advanced into leadership positions. Design/methodology/approach -Drawing on both narrative, consensual qualitative research (CQR) and empirical research, the authors conducted in-depth interviews with 187 leaders from 136 organizations. Findings -This study offers an elaboration on the interrelatedness of career tactics and presents a typology based upon the ranking, bundling and utilization of selected tactics by organization leaders. The analysis produced a framework of four strategic categories: foundation strategies, building self-brand, being centered and seizing opportunity. The results suggest that the utilization of these strategies is likely to influence career advancement. Research limitations/implications -This study was confined to individuals who had achieved high level positions which may limit the ability to generalize. Practical implications -Organization players will benefit by leveraging the upward mobility typology and recognizing the value of proactive preparedness and career self-management. Inclusion of this tactical framework will also enhance the effectiveness of organization leadership, mentoring and career counseling programs. Originality/value -The value of this study is twofold. First, it contributes to understanding of advancement tactics in the limited, and often inconclusive, research on upward mobility and predeterminants. Second, it underscores the importance of career tactics in the thought processes of career aspirants faced with a hypercompetitive market.
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