Knowledge Management (KM) is an emerging methodology that harnesses an organization's largely untapped resource, knowledge, not only to sustain competitive advantage but also to become innovative. Since knowledge is a crucial resource, it should be managed judiciously. KM helps integrate, manage, store, retrieve, and disseminate an organizations information and intellectual assets to improve bu...

This paper proposes a method for effectively implementing the pyramid strategy. The pyramid strategy is based on the short strangle strategy and adopts the multiple-entry approach. Risk management is an essential element of derivatives trading, and the pyramid strategy is very efficient because it combines mutual and dynamic hedging. However, in operating the pyramid strategy, choosing a specif...

I t was my pleasure to serve as chairman of the 26th annual competition for the Franz Edelman Award for Management Science Achievement. The competition is sponsored jointly by INFORMS and its practice section, the College for the Practice of the Management Sciences (CPMS). The primary purpose of the competition is to recognize outstanding accomplishments in the practice of our profession. The p...

ion? Does it supplant the real or is there, in it, reality itself? Like so many true things, this one doesn't resolve itself to a black or a white. Nor is it gray. It is, along with the rest of life, black/white. Both/neither." {John Perry Barlow 1995, p. 56) 1. What Is Infrastructure? People who study how technology affects organizational transformation increasingly recognize its dual, paradox...

JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range of content in a trusted digital archive. We use information technology and tools to increase productivity and facilitate new forms of scholarship. For more information about JSTOR, please contact [email protected]. INFORMS is collaborating with JSTOR to digitize, preserve ...

s of papers 47 follow manner. Rules for Animal Feeding Operations have been recently enforced and will require adoption of appropriate Best Management Practices (BMP’s), which includes Nutrient Management Planning for all operations where animals are raised in confinement according to regulatory definition. Nutrient management is necessary for agricultural production systems to protect air, soi...

This article analyzes the methodologies of Henry Ford, Taiichi Ohno, and Eliyahu Goldratt and presents explicitly the four principles of flow management according to these operations management philosophies. The differences among them are related to different instances of the same principles in different environments: Ford in his industry focusing on mass production of few (or one) products, Oh...

Session 1 – Disaster Risk Management as Global Development Agenda This introductory presentation explains why disaster risk reduction is considered a development challenge. It reviews the trends in disaster occurrence, its impact, frequency and regional distribution. It also highlights the interrelation between disaster risk reduction and poverty alleviation and Millennium Development Goals. Th...