A comparison of Japanese failure models: Hybrid neural networks,logit models,and discriminant analysis

This article looks at the ability of a relatively new technique, hybrid artificial neural networks (ANNs), to predict Japanese banking and firm failures. These models are compared with traditional statistical techniques and conventional ANN models. The results suggest that hybrid neural networks outperform all other models in predicting failure for one year prior to the event. This suggests that for researchers, policymakers, and others interested in early warning systems, the hybrid network may be a useful tool for predicting banking and firm failures.     

Vietnam’s economy: Achievements and perspective

In last several years, Vietnams economy has reached significant achievements. Those are clearly seen by analyzing economic growth, economic structure transformation, trade and investment and Vietnams economy competitiveness. However, in the process of development, Vietnams economy is still facing many difficulties and challenges. Vietnam is accelerating speed of innovation process, is active and quicker in international economic integration in order to complete the economic – social objectives in the period of 2001–2005 with annual average economic growth rate of 7.5%.     

On Combinatorial Approximation of Covering 0-1 Integer Programs and Partial Set Cover

The problems dealt with in this paper are generalizations of the set cover problem, min{cx | Ax b, x {0,1}ⁿ}, where c Q₊ⁿ, A {0,1}^{m × n}, b 1. The covering 0-1 integer program is the one, in this formulation, with arbitrary nonnegative entries of A and b, while the partial set cover problem requires only m–K constrains (or more) in Ax b to be satisfied when integer K is additionall specified. While many approximation algorithms have been recently developed for these problems and their special cases, using computationally rather expensive (albeit polynomial) LP-rounding (or SDP-rounding), we present a more efficient purely combinatorial algorithm and investigate its approximation capability for them. It will be shown that, when compared with the best performance known today and obtained by rounding methods, although its performance comes short in some special cases, it is at least equally good in general, extends for partial vertex cover, and improves for weighted multicover, partial set cover, and further generalizations.     

Charisma,Macht und Narzissmus

Charisma, power and narcissism. On the diagnostics of an ambivalent leading qualityManagers are often obviously narcissistic personalities with “charismatic qualities”. The author discusses the background of these qualities and their ambivalence, because behind the brilliance of a successful manager may be a hidden narcissistic problem as the actual motive power. Nevertheless a constructive narcissism is to be distinguished from a destructive one. Charismatic constellations as well as narcissistic dynamics are to be understood not only as an individual problem but as an interactional phenomenon, involving both sides of a relationship. In order to explain these dynamics, the author presents the concepts of “narcissistic collusion” and “expanded self”. It is of great importance to the coach, to be able to analyse and to deal with these relational patterns — and also to preserve oneself from being involved in such narcissistic dynamics.     

Coaching von Unternehmern Erfahrungen und Wirkungen

Coaching of owner-entrepreneurs — experiences and effectsThe author argues that the kind of coaching which owner-entrepreneurs require differs in fundamental ways from the kind of coaching for hired top managers. The difference is rooted in the higher level of complexity of the decision problems of owner-entrepreneurs, which needs to be reflected in a more complex approach chosen by the coach. In this context, the ability to make himself better understood by others turns out to be a very essential key capacity which some owner-entrepreneurs lack and which a qualified coach can help them to regain.     

Toyota in the 21st century in Asian countries: Information exchange system and best mix

This article explains the general nature of the business style of Toyota management strategy, its specific performance, and its development in China. It is quite difficult to find specific revolutionary policies and unusual strategies for the success of the Toyota Motor Corporation.     

Philosophie als Einübung des Perspektivenwechsels am Beispiel von Platon und Nietzsche

Philosophy as exercising the shift of perspectives, exemplified with Plato and NietzscheIn professional counselling a shift of perspectives is useful to develop new options of thinking and of action in the case of seemingly hopeless situations. Philosophy presents a great variety of concepts and also of models of change processes, which may offer a resource to counsellors. With regard to Plato’s “cave metaphor” and to Nietzsche’s “transvaluation of all values” the author presents a structure of change in three stages. Concerning the practice of counsellors some relevant aspects are derived from these discussions.     

Erfolgsfaktoren beim Einzel-Coaching

Success factors of executive coaching. A screening of the coaching scenery from the client’s point of viewThis survey, based on questionnaires, examines the success factors of one-to-one coaching from the client point of view. Firstly, ten success factors in coaching were established by means of factor analysis. Secondly, more extensive analysis shows that, contrary to previous research in this field, the “professional system” is not necessarily a determining success factor in coaching. As an exclusive instrument of staff development, coaching seems to be effective even without support from the professional system. The analysis also indicates that the clients perceive their coach as an advisor and confidant as regards role expectations. Furthermore, multiple regression analysis discloses the predictive effects of the two success factors “the coach’s qualification” and “the coach’s involvement” for the overall success of coaching from the client’s point of view. The overall success of coaching itself is established through three items: the clients’ attitudes towards coaching, their attitude concerning further coaching, and the extent to which their objectives were met in coaching.     

Braucht Coaching eine philosophisch begründete Ethik?

Does coaching need a philosphically substantiated ethics? On the foundation of a systemic value oriented imperative for coachingThe general claim that coaches have to take responsibility for their clients is in contrast to the low interest in scientific discussion about ethics in coaching. One of the reasons for that seems to be the fact that this discussion is dominated by systemic thinking and its conviction that ethical aspects should be discussed as matter of contingency. From a philosophical point of view we can realize that this statement contains many ethical implications. Concerning a further development of coaching theory the author discusses these implications with regard to philosophical concepts of Kant, Habermas, Prange, Heidegger, Bauman and the Dalai Lama leading to the suggestion that systemic thinking should be more based on value orientation. On this theoretical grounds an ethical coaching imperative can be formulated with regard to the “categorical imperative” of Kant.