Editorial statement: Lessons from Goodhart’s law for the management of the journal

Varela, Diego; Benedetto, Giacomo; Sánchez‐Santos, José Manuel

doi:10.17979/ejge.2014.3.2.4299

Cited by 3 publications

(2 citation statements)

References 4 publications

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“…Definitely, it seems both intriguing and troubling how our reliance on such flawed measures to judge and evaluate our research performance is escalating. According to Goodhart's law, when a performance indicator becomes an objective or a goal for the individual, it loses its meaning and stops functioning as a measure (Varela et al, 2014). Fochler et al (2016) argued that the highly individualistic dynamics fostered by the current academic reward system are likely to challenge the social commitments of the scientific community.…”

Section: The Reward System Of Academiamentioning

confidence: 99%

Self-criticisms toward a socially responsible science in the field of management

Frutos‐Belizón

Alcázar

Gardey

2021

BRQ Business Research Quarterly

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Management scholarship should be placed in a unique position to develop relevant scientific knowledge because business and management organizations are deeply involved in most global challenges. However, different critical voices have recently been raised in essays and editorials, and reports have questioned research in the management field, identifying multiple deficiencies that can limit the growth of a relatively young field. Based on an analysis of published criticisms of management research, we would like to shed light on the current state of management research and identify some limitations that should be considered and should guide the growth of this field of knowledge. This work offers guidance on the main problems of the discipline that should be addressed to encourage the transformation of management research to meet both scientific rigor and social relevance. The article ends with a discussion and a call to action for directing research toward the possibility and necessity of reinforcing “responsible research” in the management field. JEL CLASSIFICATION: M00, M10

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Section: The Reward System Of Academiamentioning

confidence: 99%

Self-criticisms toward a socially responsible science in the field of management

Frutos‐Belizón

Alcázar

Gardey

2021

BRQ Business Research Quarterly

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“…A critical insight into how to deal with performance data comes from Goodhart's Law: "When a measure becomes a target, it ceases to be a good measure" [16,17]. The measure of performance is no longer reliable when the measure's optimization comes from the people that are measured themselves.…”

Section: Performance Managementmentioning

confidence: 99%

Business Intelligence for IT Governance of a Technology Company

Biagi

Patriarca

Gravio

2021

Data

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Managers are required to make fast, reliable, and fact-based decisions to encompass the dynamicity of modern business environments. Data visualization and reporting are thus crucial activities to ensure a systematic organizational intelligence especially for technological companies operating in a fast-moving context. As such, this paper presents case-study research for the definition of a business intelligence model and related Key Performance Indicators (KPIs) to support risk-related decision making. The study firstly comprises a literature review on approaches for governance management, which confirm a disconnection between theory and practice. It then progresses to mapping the main business areas and suggesting exemplary KPIs to fill this gap. Finally, it documents the design and usage of a BI dashboard, as emerged via a validation with four managers. This early application shows the advantages of BI for both business operators and governance managers.

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Planning for science: China’s “grand experiment” and global implications

Sun

Cao

2021

Humanit Soc Sci Commun

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China’s rising capability in science, technology and innovation to a certain extent has to do with “a grand experiment” that started 15 years ago when the Chinese government released the National Medium and Long-Term Plan for the Development of Science and Technology (2006–2020) (MLP). MLP launched the indigenous innovation strategy and set goals to turn China into an innovation-oriented country. The junction when the old MLP phased out and a new MLP (2021–2035) will soon be introduced holds greater historical and practical significance for the Chinese and international scientific communities to make sense of planning for science. This paper reviews the progress achieved in implementing the MLP, analyzes the daunting challenges facing China to become an innovation-oriented nation, discusses the implications of planning science for the Chinese and international scientific communities, and speculates on what might be included in the new MLP.

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Editorial statement: Lessons from Goodhart’s law for the management of the journal

Cited by 3 publications

References 4 publications

Self-criticisms toward a socially responsible science in the field of management

Self-criticisms toward a socially responsible science in the field of management

Business Intelligence for IT Governance of a Technology Company

Planning for science: China’s “grand experiment” and global implications

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