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Companies of the engineer-to-order (ETO) business face various trends such as digitalization and globalization. These trends will radically impact our ways of engineering. The Engineering framework translates Dave Snowden's Cynefin framework [2] to the engineering world. Cynefin for Engineers allows structuring future ways of engineering and guiding ETO companies along their transformation of engineering...
It is difficult to find optimum solutions by using evolutionary algorithms (EAs) in high-dimensional search space as compared with low-dimensional search space. For solving such a high-dimensional problem, we propose a search space reduction approach in EAs. For reducing the search space, the approach repeats fixing the value of one design variable which should be reduced from the search space. We...
This article suggests the hypothesis that a higher competency in program and portfolio management is required for Public-Private Partnerships (PPP) within Special Economic Zones (SEZ), which is the special preferential economic and regulatory conditions for local and foreign companies to develop a programs and projects related to the growth of the social, trade, technological, scientific and innovative...
While managing the project it is important to realize the type and scale of it as well as the influence on the company's strategic goals. It could be useful to know what projects, por-grammes or portfolios are strategic and what of them are not. It is helpful for project managers to know the certain criteria for distinguishing the project, porgrammes and portfolios regarding their strategic (or non-strategic)...
The strength of the German economy is the backbone of the technology-driven small- and midsize enterprises (SMEs). SME focus on small but very advanced niches and can be world-market leaders in their domain. To provide solutions to customers, they form SME clusters. A very important driver for successful technology regions are industry-university-cooperations [1] with a focus on applied sciences [2]...
The success of breakthrough projects and programs depends on two groups of factors: (i) the competence of organisations in managing of this projects and programs; (ii) "Entrepreneurial spirit (energy)" that is formed by the leadership of the organisation successful completion of the breakthrough projects. The success of the breakthrough project, as a management category, has contradictions...
Today is precious is the presence of the head of a developed emotional intelligence because the head is necessary to capture the mood of subordinates and employees. This article briefly outlines the concept of the Professional Project Manager — the person who unites the main groups of professional competences and has a highly developed level of emotional intelligence. These competences are divided...
Online controlled experiments (for example A/B tests) are increasingly being performed to guide product development and accelerate innovation in online software product companies. The benefits of controlled experiments have been shown in many cases with incremental product improvement as the objective. In this paper, we demonstrate that the value of controlled experimentation at scale extends beyond...
FONCODES is the public body in charge of financing and managing the execution of social-productive projects throughout the Peruvian territory. The objective of social-productive projects within the framework of the National Strategy of the Ministry of Development and Social Inclusion is to generate economic opportunities for rural households living in poverty and extreme poverty. The key processes...
Stock market dynamics is of great importance to researchers from diverse fields. Network Analysis of stock data can play an important role in the study of stock market. In this paper, network based data mining of stock market is done to identify crucial players. Stock market network in United States created based on dynamics of stocks over one year captured as daily time series, is used for the analysis...
Despite the fact that one of the main goals of corporate venture capital (CVC) investments in high-tech industries is to gain a window on future technologies, the relationship between CVC investments and strategies used to acquire technologies in the markets, such as licensing, has not been adequately explored. To address this gap, we build on the real option literature suggesting that CVC investments...
Technology assessment and planning requires that we can reliably, but indirectly, measure knowledge embedded in the organization. Operationalizing knowledge embedded into companies is increasingly challenging but also more and more relevant in the current cross-disciplinary and complex technological environment. Existing approaches for operationalizing company knowledge are based on patent data and...
In the view of the fact that the stock market in China continues to expand, the study on momentum effect requires the addition of volume to adjust the relevant indicators. This paper selects the weekly returns of all stocks in the Shanghai Stock Exchange and the Shenzhen Stock Exchange as the sample, and uses the overlapping sampling method to test the momentum effect of Chinese stock market from...
Competitive strategy should fit well with the focal firm's market position. This study extends this line of research to include a firm's technology positioning by considering market position at the industry level. Two inter-firm cooperative strategies considers equity-base (joint ventures) and non-equity alliances as effecting factors. The data file obtains that patent, inter-firm cooperative agreements,...
The paper examines the features of IT-projects and their impact on the management decisions of outsourcing companies in their implementation, as well as demonstrates the necessity to apply simulation models of portfolio management of IT-projects. It introduces a system-dynamic model of IT-project with elements of the cognitive approach as a basis for model management of an outsourcing IT-company as...
This research aims to analyze the internal and external environment of business and Information Systems/Information Technology (IS/IT), identify the current and future application portfolio, as well as create an Information System Strategic Planning (ISSP) to reach the vision and mission of PT XYZ. Data are obtained from interviews, questionnaires, and analysis of company documents. The method used...
Successful brands often rely on successful products to achieve true brand value. Brand portfolio is an effective strategy to create dominant brand, and its methods are brand development, brand alliance and brand acquisition. Based on the analysis of correlation between the three methods and the development strategy of product, this paper focuses on the development strategy of product under the brand...
Is devoted to the strategic decision making model based on project portfolio approach and fuzzy logic. The projects under discussion are innovation projects, with high risk and high potential profitability. The optimization task is based on 2 variables, profitability and risk for the whole portfolio. Strategic project portfolios then could be valued and compared.
To leverage the potential of bilateral contracts in the smart grid, we address the conflict-of-interest problem of designing energy portfolios. From the viewpoint of competing Utility companies, we present a game theoretical formulation for contract offering with integration of wind energy. We propose a heuristic algorithm, the Recursive Genetic Annealing algorithm (RGAn), to find the Nash-Equilibrium...
Product program optimization gains increasing relevance in industrial practice, due to rising number of variants in the context of product individualization. The definition of a product platform for several products of the program is a promising measure to reduce internal variety for the company. However, decisions for the right platform concept are challenging. Therefore, this publication aims to...
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