Market-based Perspective Research Articles

A market-based perspective on information systems development

A market-based perspective on information systems development

The Energy Savings Analysis Protocol: A New Standard for Energy Auditing

ABSTRACT To present opportunities for whole-building upgrades, Concurrent Technologies Corporation (CTC)1 is developing a standard for energy auditing: the Energy Savings Analysis Protocol, or ESAP. By following the performance specification, or auditing guidelines, reports resulting from such enhanced audits will be approved as “ESAP Solutions.” The Energy Savings Analysis Protocol follows an approach of “approving, adapting, or enhancing” existing auditing tools and formats, and then combining them to form a coordinated and complete package. It then adds features not found in conventional energy audits. In creating this set of standards, market research was conducted on the concept, on current auditing procedures, and on integration with related federal programs. To ensure a market-based perspective, a peer review panel of industry experts was also convened. In phase one preliminary design, protocols were developed for approving existing auditing tools. Phase two called for the ESAP guidelines to be developed in draft form and presented to a wide array of stakeholders in the energy marketplace for two purposes: 1. to solicit input and secure commitments of support and2. to establish an organizational framework for the subsequent stages of project development.

Hypercompetition and the future of global management in the twenty‐first century

AbstractIn today's hypercompetitive landscape, organizations are moving from being multinational to being global in the strategic intent. There are a number of “drivers” of this globalization process, but it would be difficult to argue that globalization is not going to be an enduring phenomena. The consequences of this modification in the strategic orientation of organizations have implications for most every element in an organization. To gain an insight into the future of global organizations in the twenty‐first century, a market‐based perspective is utilized. In addition, the importance of organizational boundary spanners is also explored as a means to effectively compete in the global competitive arena. Inpatriation is viewed as a means to gain tacit knowledge at the headquarters level to ensure adaptation of corporate standard operating policies to effectively compete as a global network, yet with the flexibility to meet local competitor strategies and consumer demands. © 2001 John Wiley & Sons, Inc.

Green alliances: building new business with environmental groups

‘Green alliances’, partnerships between businesses and environmental groups, can be effective strategies for integrating corporate environmental responsibilities with market goals. They are an outgrowth of an emerging philosophy called ‘Market-based Environmentalism’ which advocates making ecology attractive to businesses via market incentives. This article describes the conceptual underpinnings of the market-based perspective and illustrates how green alliances, specifically, are helping companies to develop ecologically-protective programmes which can lower costs and build differentiation advantages. A typology of green alliances is presented to explain different ways firms can achieve such advantages. Green alliances are a new strategic domain, and some have encountered positioning and relationship management problems. Recommendations are offered on how corporations can successfully ally with environmentalists to push competitive frontiers into the 21st century.

Market regulation versus co-management?: Two perspectives on regulating fisheries compared

The crisis of fisheries management is also a crisis of governability; somehow governments almost everywhere seem to run into trouble while managing fisheries. This article compares two alternative styles of regulation that are put forward as solutions to this crisis: market-based regulation and comanagement. In particular the contradiction is analyzed between an apparently strong theoretical basis for market-based regulation and actual practice which often opts for co-management. The theoretical basis of the market-based perspective is challenged and on the basis of an analysis of flatfishery management in the Netherlands, it is concluded that there are often sound arguments for restructuring the management responsibilities between public authorities and civil society.