ARTICLE 1

Employability: individual initiative or
company decision

Résumé :

What was once called simply a ‘career’ has, in the twenty-first century, mutated into a ‘career path’. Jobs and recruitment techniques are increasingly evolving; people are becoming more and more actively involved in the paths their professional lives take. Employability is now a central concern and a major issue for companies. What are the factors that generate the development of employability? What employability practices and strategies do companies implement? Is employability an individual initiative or a company decision?
By studying the point of view of employees, their managers and Human Resources Managers, this paper aims to better describe the different initiatives and strategies that companies and individuals apply and how these affect worker employability.
The aim is not to express an absolute reality, but to give a glimpse of the tools used to develop employability inside firms, and then begin to think about other practices to be developed while presenting the initial results that were drawn from our empirical study.

par Mahrane Hofaidhllaoui
Assistant Professor
ESSCA School of Management
LUNAM University

ARTICLE 2

Process improvement and organizational development: the synergies between six sigma and seam

Résumé :

Consultants and managers often employ explicit quantitative protocols like Six Sigma to assess and improve processes in an organization. Combining a comprehensive protocol like the Socio-Economic Approach to Management (SEAM) with the highly quantitative approaches of Six Sigma (SS) expands the contextual lens of the consultant. This paper discusses how these qualitative and quantitative methodologies can be complementary. We also discuss how an integration of SS and SEAM approaches can make consulting engagements more effective.

par Randall Hayes
Professor Co-Director of the Institute of Management Consulting Central Michigan University
(USA)
Lawrence Lepisto Professor
Co-Director of the Institute of Management Consulting
Central Michigan University (USA)
Sean Goffnett Assistant Professor
Central Michigan University (USA)

ARTICLE 3

A tetranormalization intervention of the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB)

Résumé :

The purpose of this paper is to consider a tetranormalization application into the accounting standards convergence process of the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) in light of recent convergence issues. Rather than continue to debate whose antecedent rules or principles have more merit, we suggest how to move to anteriority-events (occurring before coordinated action can occur). Our contributions are twofold. First, we demonstrate the need for intervention within the ‘anteriority of intelligent action’ (defined aS Being and knowing combined) to bring about convergent-interactions. Second, we propose a tetranormalization intervention that integrates respective constituencies into the convergence process congruent with a representational model.

par William L. Smith
Associate Professor New Mexico State University
(USA)
David M. Boje Professor New Mexico State University (USA)
Taylor W. Foster III Professor Emeritus
New Mexico State University (USA)

ARTICLE 4

Bank risk-taking: are contingent convertibles a resolution mechanism?

Résumé :

CoCos (contingent convertibles) are recent hybrid securities which are converted into equity when banks are in need of a recapitalization. Our model derives an optimal capital structure endogenously while also allowing for bank risk choice. It shows that CoCos significantly reduce their probability of failure although they cannot completely protect banks against bankruptcy. Moreover, they may destroy wealth due to greater incentives for shareholders to risk-take.

par Christine Maati-Sauvez
IDP, University of Valenciennes (France)
Jérôme Maati
LEM, University Lille 1 (France)