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Academic Journal
Business Law

“A business model for success: Enterprises serving the base of the pyramid with off-grid solar lighting”

Basic electric service is essential to sustainable development, yet for remote rural areas, connecting to an electric grid can be economically and geographically unfeasible. Firms have sought to bring basic electric service to isolated and impoverished rural areas using off-grid solar lights and solar home systems, but often meet challenges common to base of the pyramid (BOP) markets. This article examines the intersection of theories related to successful business models for enterprises serving the base of the pyramid and studies of off-grid renewable energy enterprises. It identifies relevant and overlapping themes, and creates a framework for a successful business model that includes four primary components: community interaction; partnerships; local capacity building; and addressing barriers unique to the off-grid market, including financing, education, and development of distribution networks.
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Academic Journal
BIS

“A Case-based Reasoning Framework for Workflow Model Management”

In order to support efficient workflow design, recent commercial workflow systems are providing templates of common business processes. These templates, called cases, can be modified individually or collectively into a new workflow to meet the business specification. However, little research has been done on how to manage workflow models, including issues such as model storage, model retrieval, model reuse and assembly. In this paper, we propose a novel framework to support workflow modeling and design by adapting workflow cases from a repository of process models. Our approach to workflow model management is based on a structured workflow lifecycle and leverages recent advances in model management and case-based reasoning techniques. Our contributions include a conceptual model of workflow cases, a similarity flooding algorithm for workflow case retrieval, and a domain-independent AI planning approach to workflow case composition. We illustrate the workflow model management framework with a prototype system called Case-Oriented Design Assistant for Workflow Modeling (CODAW).
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Academic Journal
Supply Chain

“A censored stochastic volatility approach to the estimation of price limit moves”

A censored stochastic volatility model is developed to reconstruct a return series censored by price limits, one popular form of market stabilization mechanisms. When price limits are reached, the observed prices are truncated and the equilibrium prices are unobservable, which makes further financial analyses difficult. The model offers theoretically sound estimates of censored returns and is demonstrated via simulations to outperform existing approaches with respect to the estimates of model parameters, unconditional means, and standard deviations. The algorithm is applied to model stock and futures returns and results are consistent with the simulation outcomes.

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Conference
Business Analytics

“A cognitive-neural approach to explaining market oscillations in a fully recurrent adaptive agent population”

Recreating market oscillations to study the markets often makes use of induced activity reversal via finite share or auction thresholds, strategically replacing agents via bankruptcy or genetic algorithm rules, heavily data specific network parameterization, or stochastic randomness. However, such techniques do not shed any additional light on how and why intelligent individual scale agents may spontaneously and rationally decide to endogenously change from a buying to a selling posture within a population. This paper introduces Social Netmap, an agent based population of general purpose, parameter-free, adaptive agents adjusting their behavior in real time to the directly observed aggregate and individual behaviors of their neighbors much like real intelligent actors might in a population. Without relying on random processes, validated parameters, turning-point thresholds, or agent replacement, Social Netmap was able to endogenously create typical market oscillations in 21 out of 30 cases of real Dow Jones Industrial Average data. Social Netmap points towards future work in more realistic group behavior of intelligent, rational agents.
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Academic Journal
Management

“A commentary on Thomas et al. (2024): How high achievers and hypercompetitive cultures may be inadvertently dissuading mental health offering usage”

Thomas et al. (2024) contribute to research and practice by providing a standardized taxonomy of workplace mental health (MH) resources, a much-needed step toward systematically addressing employee well-being in modern organizations. Yet, its effectiveness hinges on understanding the barriers that prevent certain employees from utilizing these resources. In line with Thomas et al.’s call for research to identify the “factors that (1) limit workers’ using and (2) foster workers’ using the MH offerings in their workplaces” (p. 24), we draw attention to a critical segment of the workforce that often goes overlooked in conversations surrounding MH: high achievers. Specifically, we argue that high-achieving employees have unique considerations, needs, and challenges surrounding their MH that can impede MH support utilization. Moreover, given these individuals’ impactful role in organizations’ success and cultures, attending to the unique considerations of this population is of paramount concern. We elaborate on how organizations and leaders may be exacerbating high achievers’ MH challenges and thwarting support utilization, as well as how high achievers themselves may perpetuate this damage. We also discuss the MH offerings from Thomas et al.’s taxonomy that are likely to be most beneficial to high achievers and, thus, hopefully attenuate the potential damage done to themselves and others.
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Academic Journal
Management

“A commentary on Thomas et al. (2024): What employees, HR professionals, and business leaders really need”

We extended Thomas et al.’s (2024) organizing framework of mental health benefits to include dimensions specific to each stakeholder group. We also introduce the need for a compassionate communication platform in which the formal leadership-level taxonomy is expressed to employees using a person-centered approach. Together, group-specific dimensions and a compassionate communication platform will improve literacy of mental health benefits for employees, HR professionals, and business leaders, and more importantly, usage of mental health benefits for employees.
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Academic Journal
Management

“A Commentary on Thomas et al. (2024): Zooming In and Out to Enhance Employee Well-being”

Thomas et al. (2024) address a crucial and timely objective in today’s workplace: the growing and unprecedented need for employees to have access to, and to use, mental health resources. Their goal with creating a taxonomy of mental health offerings was to “increase the chances these offerings make impacts in people’s lives” (p. 3). We argue, however, that to truly impact employees’ lives, we must do what Kanter (2011) suggested leaders do in order to make effective strategic decisions, namely, to zoom in and to zoom out. First, we need to zoom out. Rather than focus exclusively on mental health, we must expand the focus to reflect a broader view of health. Second, we must zoom in. We need to focus on a very important benefit that individuals both want and need – flexible sick/wellness leave. In our commentary, we expand on Thomas et al.’s (2024) suggestions on how to improve the (mental health) needs of employees by zooming out and zooming in. To make our case, we focus on the experience of grief. Grief illustrates the complexities associated with health needs of employees and highlights (a) challenges associated with focusing exclusively on mental health (to the exclusion of physical health) and (b) the importance of flexible leave time in addressing employee health needs.
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