Bewertung intertemporaler Abh?ngigkeiten zwischen IT-Projekten

Companies often decide in favour of IT investments (especially IT infrastructure investments) only because these investments build the foundation for more lucrative follow-up investments. Those intertemporal interdependencies among IT projects have to be considered within the scope of a value-based IT portfolio management. Therefore, current literature suggests the use of real options analysis??and therefore the application of option pricing models such as the binomial model or the Black-Scholes model. Both models require a complete market. However, because IT projects are characterized by project specific risks, which cannot be duplicated on a capital market, the forthright application of these models is problematic. This issue has been addressed within the scope of the discrete binomial model so far. In this paper we transfer these findings to the Black-Scholes model. Furthermore, we apply this approach to a real case and illustrate how a correct consideration of project specific risks using the Black-Scholes model can affect investment decisions.     

Community-based addiction treatment staff attitudes about the usefulness of evidence-based addiction treatment and CBO organizational linkages to research institutions

This national study of community-based addiction-treatment organizations' (CBOs) implementation of evidence-based practices explored CBO Program Directors' (n=296) and clinical staff (n=518) attitudes about the usefulness of science-based addiction treatment. Through multivariable regression modeling, the study identified that identical factors were associated with directors, and staff attitudes about the usefulness of science-based addiction treatment. For both directors and staff working in an organization that was affiliated with a research institution, working in an organization with better internet technology (measured through TCU-ORC scores) and having higher levels of education were all significantly associated with having more positive attitudes regarding science-based addiction treatment. Implications: government policy that promotes the hiring of addiction treatment clinical staff with professional degrees and encourages the development of linkages between addiction treatment researchers and treatment staff may positively impact attitudes and use of evidence-based addiction treatment practices (EBPs) in CBOs.     

The Prospective Role of Economic Stakeholders in the Governance of Nonprofit Organizations

This article focuses on the nexus between the governance of U.S. nonprofit organizations and their ability to secure the resources necessary to effectively execute their missions. Different sources of nonprofit income are associated with alternative stakeholders. Viewing these constituencies as beneficiary groups, we consider how the particular mix of income sources influences the capacity of nonprofits to generate resources, especially if there is competition among stakeholder groups for control of the organization’s policies and practices. We then ask how nonprofit governance might be modified to improve the ability of the organization to generate resources through a regime of economic stakeholder governance.     

Organizational Identity in Nonprofit Organizations: Strategic and Structural Implications

Organizational identity is what is central, distinctive, and enduring about an organization. This article argues that clarity and consensus about organizational identity are essential elements in setting successful long‐term strategy and making structural choices in a nonprofit organization. Four classes of nonprofit organization are examined here: grantmaking foundations, federated fundraising organizations, nonprofit academic centers, and social enterprises. In each case, alternative identities are described and the implications of each identity for organizational strategy and structure are analyzed. The article suggests that examination of identity should become an integral part of organizational development for nonprofit organizations and a subject for continued research.     

Sexual Orientation Discrimination and Its Challenges for Nonprofit Managers

In the wake of the recent New Jersey Supreme Court decision, Dale v. Boy Scouts of America and Monmouth Council Boy Scouts (1999), this article examines the issue of sexual orientation discrimination and the challenges it presents nonprofit managers. Because of regional shifts in public opinion, the enactment of nondiscrimination laws at the state and local level, and now a state Supreme Court interpreting state law to include the Boy Scouts of America (BSA) as a “public accommodation,” nonprofit managers may face a more complex legal and moral environment. It is hoped that this article will challenge nonprofit managers to carefully reexamine their membership and personnel policies with respect to lesbians and gay men and begin preparing their organizations for this cultural change.     

The Effects of Personality and Management Role on Perceived Values in Business Settings

This paper examines the effects ofpersonality variables and functional management role,either entrepreneur, manager in an entrepreneurialfirm, manager in a traditional firm, or small businessowner, on perceived business values. Functionalmanagement role had minimal discernible effects;personality variables differentiated entrepreneursfrom managers and produced many effects for ratings ofbusiness values. Results are discussed in terms ofMBTI and DISC theoretical constructs and theirimplications for entrepreneurship and management.     

Electoral Simultaneity: Expressing Equal Respect

The principle of simultaneity—that citizens should vote as far as possible at the same time—is more significant than is usually appreciated. It is based on a fundamental value of democratic theory, and it has substantial implications for electoral practice. It also invites further normative and empirical research.
The most important value that simultaneity expresses is a form of equality—equal respect. First, if citizens have only information they would have had if they were voting at the same time, the value of each citizen's choice is no greater than that of any other citizen. Second, when citizens go to the polls on the same day, publicly participating in a common experience of civic engagement, they demonstrate their willingness to contribute to the democratic process on equal terms. Taking simultaneity seriously has implications for electoral practices. It would limit the practice of media projections of election results, including the reporting of exit polls, and the calling of elections before all the polls close. It also casts doubt on the increasingly widespread use of early voting—absentee ballots and voting by mail. Early voting weakens the value of the experience of participating in a civic activity. Voting alone may be worse than bowling alone.     

Increasing physician engagement. Using norms of physician culture to improve relationships with medical staff

Comments on the 2004 survey identified that physicians thought it was too early to judge whether the new structure itself was successful. This year, the survey will be repeated to measure the effectiveness of the new structure and to help administrators set goals to further improve physician engagement levels. Meanwhile, Mercy & Unity is using the tenets of the physician compact, elements of physician culture, and elements of administrative culture to inform new process-improvement activities. More study is needed to identify whether Mercy & Unity's techniques of reorganization contributed to the higher rates of physician satisfaction and engagement, but it is our belief that incorporating physician cultural norms into the process helped prevent the change process from turning the horse into the proverbial camel.