Economic Models - Convex Optimization
Economic Models - Convex Optimization
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.