Information Asymmetries in the Hiring Process and the Risk of New Leader Dismissal: Insights from English Premier League Soccer Organizations

Why are some new leaders dismissed more quickly than others? Adopting agency theory logic, the authors examine how different succession contexts shape boards’ information asymmetries about a potential candidate's competencies in the hiring process, which influences the propensity of making poor hiring decisions and hence the risk of new leader dismissal. Employing duration analysis on a sample of 164 newly appointed leaders in the English premier league (1996–2014), the authors find that the risk of new leader dismissal is: (i) greater when the predecessor leader's exit was initiated by them rather than by the board; (ii) greater when following a longer‐tenured predecessor; and (iii) lower for outside successions compared with inside successions.     

Randomized controlled trial of the Resilience and Coping Intervention (RCI) with undergraduate university students

Objective: The purpose of this pilot study was to evaluate the Resilience and Coping Intervention (RCI) with college students. Participants: College students (aged 18–23) from a large Midwest US university who volunteered for a randomized controlled trial during the 2015 spring semester. Methods: College students were randomly assigned to an intervention (n = 64) or a control (n = 65) group. Intervention participants received three 45-minute RCI sessions over subsequent weeks. All participants completed pre- and post-intervention assessments at the beginning of Week 1 and end of Week 3. Student resilience, coping, hope, stress, depression, and anxiety were assessed. Results. RCI participants reported significantly more hope and less stress and depression from Week 1 to Week 3 compared with control participants. Results for resilience also approached statistical significance. Effect sizes were small to moderate. Conclusions: This study found preliminary evidence that RCI is an effective resilience intervention for use with college students.     

The management of stocks—some case histories

This paper looks at the problem of stock management in its broad context. Using three separate cases as illustrations, it presents some of the real life characteristics of stock control. The situations described show some of the complicated organisational problems that may arise and which are often inherent in stock management. Accurate information is seen to be of paramount importance, and also often difficult to obtain. It is suggested that more effort spent in problem diagnosis, rather than complex mathematical modelling, would be beneficial.     

Does Dividing the Range by Four Provide an Accurate Estimate of a Standard Deviation in Family Science Research? A Teaching Editorial

Occasionally, scientific reports have omitted information on standard deviations, making estimates of effect sizes very difficult to impossible. In such situations, several scholars have recommended obtaining an estimate of the standard deviation of distributions by dividing the range of the distribution (highest value minus lowest value) by four. However, there appears to be little evidence to confirm the validity of this approach. Articles from 2012 to 2015 in the journal Marriage & Family Review were surveyed to find instances where demographic variables (age, education, duration of relationship, number of children) were reported with both standard deviations and ranges. Ratios between range and standard deviations were calculated by several rules of thumb or more complex formulas and compared with the actual ratios obtained. Results indicated that dividing by five in general provided a more accurate estimate of actual standard deviations but accuracy in predicting the true ratio between range and standard deviation was substantially related to the position of the mean score within the range of scores with larger divisors needed as the mean approached either the minimum or the maximum values of the demographic variable (skew). Other recent formulae for estimating the standard deviation were also evaluated, but the skew-based approach appeared to be more accurate than the others. However, further investigation in other samples is needed because the skew-based approach was derived from observation of the data here, which might not replicate in different sets of data.     

The Institutionalization of Third Stream Activities in UK Higher Education: The Role of Discourse and Metrics

In this paper we examine the institutionalization of a new organizational practice around third stream activities in UK higher education from 1994 to 2008. Employing a longitudinal research design, involving archival, survey and contemporary interview data, we show how a new organizational practice diffused through the use of discourse and metrics around commercialization but over time was threatened on pure economic criteria. In response to the threat we explore how actors worked to institutionalize the new practice, reshaping both discourse and metrics to ensure that they were robust so that they could align with the interests and values of major stakeholders. In addition, actors worked to align discourse and metrics, as any misalignment between the two would have undermined the institutionalization of the new organizational practice.     

Bayer reorganizes in response to growth

In this article the Head of Strategic Planning at Bayer AG describes the new corporate structure which was introduced into the company in 1984, and the considerations which led to its development and implementation.     

The use of formal inventory control models: A preliminary survey

Of the many papers and texts on the subject of inventory control, relatively few report the successful implementation of systems based on formal mathematical models developed with specific objectives in mind. This could be considered rather strange in the light of the relatively high number of papers reporting the development of models for dealing with a multitude of different hypothetical situations, and the widespread availability of computer systems capable of exploiting such models. Various reasons for this anomaly can be put forward. This paper reports the results of a preliminary survey designed to investigate this more deeply, and draws some necessarily tentative conclusions relating to factors contributing to the successful application of such systems.     

The effects of seasonal demand on depot location

Many of the cost functions associated with depot location algorithms assume an overall demand for a fixed period, usually one year. This paper describes an investigation into the effect of high seasonality within such demand figures on the optimal location of storage facilities. The preliminary results indicate that a more flexible approach for certain products could be worthwhile.     

Reordering Our Priorities by Putting Phenomena before Design: Escaping the Straitjacket of Null Hypothesis Significance Testing

In this paper we reflect on two related questions. First, how have we arrived at a position where null hypothesis significance testing is the dominant criterion employed by quantitative researchers when deciding on whether or not a result is ‘significant'? Second, how might we change the practice of quantitative management research by promoting a greater plurality of methods, and in doing so better enable scholars to put phenomena before design? We conclude by arguing that quantitative management researchers need to focus on the epistemological issues surrounding the role of scholarly reasoning in justifying knowledge claims. By embracing a plurality of approaches to reasoning quantitative researchers will be better able to escape the straitjacket of null hypothesis significance testing and, in doing so, reorder their priorities by putting phenomena before design.