ch. 1. Hoshin Kanri : an overview -- ch. 2. Creating the vision -- ch. 3. Strategy and tactics -- ch. 4. Driver policies, becoming fit, fast, lean and hungry? -- ch. 5. Driver measures to KPIs -- ch. 6. Benchmarking -- ch. 7. Prioritising KPIs and cost of poor quality -- ch. 8. Risk management...

This paper deals with models allowing for trending processes and cyclical component with error processes that are possibly nonstationary, nonlinear, and non-Gaussian. Asymptotic confidence intervals for the trend, cyclical component, and memory parameters are obtained. The confidence intervals...

The sum of a supermodular function, assumed nondecreasing in the choice variable, and of a 'concavely supermodularizable' function, assumed nonincreasing in the parameter variable, satisfies the Milgrom-Shannon (1994, Monotone comparative statics, Econometrica 62, 157-180) single crossing...

This paper develops a contest model of a professional sports league in which clubs maximize a weighted sum of profits and wins (utility maximization). The model analyzes how more win-orientated behavior of certain clubs affects talent investments, competitive balance and club profits. Moreover,...

In increasingly competitive business environments, many organizations adopt the strategic planning approach to strive for business excellence. On the other hand achievement and implementation of strategies can perform an important role for the purpose of organizations' success. Balanced...

Little is known about how firms manage cash policy over time. This paper fills this gap by examining if and how firms manage cash toward a target cash ratio. Estimating partial adjustment models of cash, we find that firms actively adjust their cash toward a target; however, the speed of...

In what follows we try to develop a concise line of reasoning concerning a conceptual clarification of the relationship between corporate ethics and management. Our proposal will draw from philosophical considerations developed by philosophers of the methodical constructivism of the so-called...

We present a formal model of symmetric n-firm Cournot oligopoly with a heterogeneous population of optimizers and imitators. Imitators mimic the output decision of the most successful firms of the previous round a la Vega-Redondo (1997). Optimizers play a myopic best response to the opponents'...