Configuration of Data Monetization: A Review of Literature with Thematic Analysis

159

Risk management plays a key role in uncertain times, preventing corporations from acting rashly and incorrectly, allowing them to become flexible and resilient. A global turbulence such as the COVID-19 pandemic has had a strong impact on individual companies and entire economic sectors, raising the question of whether a paradigm shift is necessary, in order to enable a new cycle of development that is much environmentally, socially and economically sustainable. This environmental and socio-economic context of profound uncertainty forces organizations to consider more carefully the risk factors affecting their business continuity, as well as how these factors relate to sustainability issues. However, there is a gap in knowledge about how risk management systems relate to sustainability management systems, and how both of them exert influence on business performance, especially from a theoretical point of view. The aim of this study is to address this gap, by developing a new interpretative framework for the analysis of risk management strategies in organizations. This approach has been identified in economic hermeneutics as an innovative methodological tool to improve the knowledge of risk and design the most appropriate management strategies. The paper provides two main results: the first one is the construction of a theoretical model that relates risk management to sustainability management; the second one is an operational framework of multidimensional risk assessment useful for analysis at different levels (business, competitive scenario and system). Finally, the model also makes it possible to carry out a sustainability assessment through risk evaluation in the perspective of the sustainable development goals.

Section: Theoretical Frameworkmentioning

confidence: 99%

Flexibility and Resilience in Corporate Decision Making: A New Sustainability-Based Risk Management System in Uncertain Times

Settembre-Blundo

González-Sánchez

Medina-Salgado

et al. 2021

159

“…Data being the king of these kinds of research, entire flexibility system's big data analytics articles were reviewed. Particularly from (Grover & Kar, 2017;Hanafizadeh & Nik, 2020) who insisted that education institutional researches on flexibility systems should have big data spectrum in it. According to ancient system of practice, all oral defense in Universities was done face-to-face, however, the administrators attempted to review new mode for conducting this and eventually failed (Bernoulli, 1954).…”

Section: The Literature On Virtual Systemsmentioning

confidence: 99%

Implementing Flexible Systems in Doctoral Viva Defense Through Virtual Mechanism

Raju

2021

Year 2020 has cultivated new arena in education. Covid-19 has not only reformed the world but also revived the process of operations. One among them is academics. Never in history of education was a lecture delivered without the physical presence of lecturers, in an academic environment. Even in present wildest innovative decade, the idea of eliminating the academia was not an option. However, after the pandemic encounter, it happened. These are not mere changes, but it is a transformation. While this phenomenon is getting acceptable gradually by takers, the mammoth turnaround is happening in Ph.D. final viva voce defenses too. Practice of online defense is approved by leading Universities so as to avoid stagnation of researchers in final stage. Question is, will it be appropriate to accept final defenses in online stream? and has the institutions developed rubrics to assess the researches which are presented online? Finally, if this is the only choice then how best we can use the technology to generalize it as a system? This research was executed through Delphi technique method from academia, research aspirants and policy-makers. Partial least square is used to quantify the data after interpreting qualitative data. Thirteen homogeneous University's respondents were used as sample. Focus of this paper remains to substantiate the benefits of emerging technology and developing a scheme for virtual streaming, rather identifying reasons to avoid them.

“…The information flow can have these qualities: transparency, granularity and timeliness; transparency describes the capability of workers to understand the information delivered to them, granularity refers to the level of detail of the information and timeliness describes the availability of information when required (Durugbo et al 2010;Tomanek and Schroder 2017). The fourth quality of information flow is the cost of information flow which refers to the cost that an information can input or output while manufacturing a product, researcher has been only focused on the cost of information related to the product to be delivered to customers (Ballou et al 1998;Hanafizadeh and Nik 2020). The characterization of the information flow is resumed in Fig.…”

Section: Quality Of Information Flowmentioning

confidence: 99%

Analysis of Information Flow Characteristics in Shop Floor: State-of-the-Art and Future Research Directions for Developing Countries

Mbakop

Voufo

Biyeme

et al. 2021

The information flow in a company is a whole set of static or dynamic data obtained from communication used for the conception and realization of products; facing competition, every company aims at improving its performance to meet customer needs. The focus on information flow to improve the performances of companies has always been a major preoccupation in the research domain, which always contributes to the evolution of the analysis of information flow for companies to be more efficient. This article presents the state of the art on the analysis of information flow model based on information characteristics in shop floor manufacturing companies (known as advanced in technology) to ameliorate their performance and future research directions for small-and medium-sized manufacturing companies for developing countries to be more competitive and efficient.