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Economic Models - Convex Optimization

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146 Victoria Miroshnik<br />

A1<br />

A2<br />

A3<br />

D1<br />

D2 D3 D4<br />

B1<br />

B2<br />

B3<br />

MAV<br />

NC OC<br />

LC CP<br />

H1<br />

B4<br />

MEV<br />

MIV<br />

G1 G2 G3 FG<br />

F6<br />

H21<br />

C1 C2 C3 C4 C5<br />

HRMPJ<br />

F1<br />

F2<br />

F3<br />

F4<br />

F5<br />

E1<br />

E24<br />

Where “NC” is “National Culture”; “OC” is “Organizational Culture”; “LC” is “Leader Culture”;<br />

“MAV” is “Macro-Values of Culture”; “MEV” is “Meso-Values of Culture”; “MIV” is<br />

“Micro-Values of Culture”, and “CP” is “Corporate Performance”; A1 “Religious Values”, A2<br />

“Moral Values” A3 “Habitual Values” are indicators for MAV variable; B1 “Power Distance”,<br />

B2 “Individualism/Collectivism”, B3 “Masculinity/Femininity” are indicators for NC variable;<br />

C1 “Uchi/Soto Value”, C2 “Deru Kuiwa Utareru Value”, C3 “Senpai/Kohai Value”, C4<br />

“Hou-Ren-Sou Value”, C5 “Kaizen Value” are indicators for MEV variable; D1 “Stability”,<br />

D2 “Flexibility”, D3 “External Focus”, D4 “Internal Focus are indicators for OC variable”;<br />

E1 “On-Job-Training”; E2 “Emphasis on Personality of Recruits” are indicators for HRMPJ<br />

variable; F1 “Sense of Belonging to a Group Value”, F2 “Respect and Recognition from Others<br />

Value”, F3 “Sense of Life Accomplishment Value”, F4 “Self-respect Value”, F5 “Kangaekata<br />

Value”, F6 “Ishiki Value” are indicators for MIV variable; G1 “Leader as Facilitator”, G2<br />

“Leader as Innovator”, G3 “Leader as Technical Expert”, G4 “Leader as Competitor” are<br />

indicators for LC variable; H1 “Customers Satisfaction”, H2 “Employees satisfaction and<br />

Commitment” are indicators for CP variable.<br />

Figure 3. Research model: Values-culture-performance (VCP): predicted paths<br />

between variables and indicators.<br />

performance and culture. So far, the success of the Japanese companies was<br />

analyzed only in terms of their unique production and operations management<br />

system. However, the inter-relationship between the production and<br />

operations management system, which is a part of the OC, and the specific<br />

HRM system it requires for its proper implementation, was not given<br />

sufficient attention.<br />

The typical example is the analysis of the failure of the implementations<br />

of Japanese operations management system in Britain by Oliver and<br />

Williamson (1992) or in China by Taylor (1999). They could not explain<br />

the reason for the failure, as they have not analyzed the Japanese OC and<br />

particularly the HRM system.

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