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Rapid changes in the business environment and the accelerating dynamics and increasing complexity shaping the functioning of organizations have given rise to modern concepts of people management. The Management 3.0 (M3.0) concept was developed based on agile project management concept; however, it can be implemented not only in projects, but also in the entire organization. It consists of six pillars such as: energizing people, empowering teams, aligning constraints, developing competencies, growing structure, and improving everything. The paper aims to present the relationships between the level of implementation of the above-presented pillars and such variables as the scope of use of agile project management methodologies, and project managers' (PMs) as well as HR practitioners' knowledge in this area.

Members of PMI and IPMA representing 34 companies located in Poland took part in the research which was based on a CAWI method.

Research shows that the level of M3.0 implementation – in terms of its six pillars – is internally consistent but mostly on a “defined” level. No correlation was observed between the implementation of M3.0 and the frequency with which agile project management methodology is applied. On the other hand, there is a strong correlation between the level of PMs' knowledge and the implementation of some of the M3.0 pillars. HR specialists' knowledge in the field of M3.0 is not associated with organizational advances in the implementation of M3.0.

As the first research project in the area of M3.0, this study proposes practical implications as well as topics which require further empirical exploration.

It is often stated that a trade‐off occurs when a cost increase in one field is over‐compensated by a cost reduction in another field, resulting in an overall improved situation. Economic Trade‐offs (ETOs) are calculations intended to support decision making in respect of business activities. In this respect an ETO is, of course, only an aid and not a goal in itself.

This paper attempts to conceptually clarify and examine success factors for the establishment and subsequent sale of a successful small virtual organization, Millennium3, in the financial services sector in Australia.

The paper describes the concept of a virtual organization, outlines some distinct characteristics of virtual organizations and provides some historical and current background to Millennium3 (M3). It then provides a descriptive evaluation of outcomes from semi‐structured interviews with all M3 executives and, based on those interviews and organizational structure, examines its overall performance.

The following values describe how M3 conducts business: lifelong learning; teaching by example; interdependence; customer intimacy; all relationships founded on a win/win basis; and respect and courtesy.

The paper concludes with some critical success factors for M3 and gives the reader an idea how a corporation successfully works as a virtual organization.

The purpose of this paper is to estimate total emission during idling of vehicles and validate emission results from real-world data.

Motor Vehicle Emission Simulator (MOVES)2010b emission model is customised for developing country like India and a case study of the Ashram intersection in Delhi has been selected in order to measure the emissions of vehicles during idling.

Results show that 3.997 mg/m3 of hydrocarbon, 1.82 mg/m3 of NOx and 17.688 mg/m3 of carbon monoxide is emitted from the cars, trucks and buses, respectively, at Ashram intersection in one day. As there are 600 intersections throughout Delhi, a total of 2,398.055 mg/m3 of hydrocarbon, 1,087.068 mg/m3 of NOx and 10,612.612 mg/m3 of carbon monoxide is emitted from cars, trucks and buses in a day in all of Delhi.

Knowledge of idling emission and fuel loss is very little for Indian traffic condition during delays.

The well‐known maxim “different products, different requirements” is, of course, derived from practical experience. This article seeks to establish whether this maxim also has significance when viewed from the perspective of physical distribution. In particular, it will consider what this significance is with reference to physical distribution strategy, production allocation and stock allocation policy. At the same time it will seek to establish which product characteristics can significantly shape this policy.

The purpose of this study is to propose a data-driven perspective to analyze enterprise information system (EIS) feature use for understanding what and how the system features are actually used in the organization.

An empirical study was conducted by analyzing information system (IS) log data collected from a well-known shipbuilding manufacturer in China. The multiple analytical approach employed in this study includes social network analysis, association rules learning and human dynamics.

This study first classified IS users into 41 core users and 325 general users. Then 24 core modules and 54 general modules were identified by social network analysis, and the correlation between them was analyzed. Finally, we found that the IS use time intervals for different user groups followed a power-law distribution, and IS use displayed strong burstiness and weak memory.

This study proposes a data-driven perspective to investigate how the system features are actually used in the organization. This study contributes to the literature and opens a new avenue for future IS use research. Furthermore, this study informs managers how to diagnose, maintain and optimize the implemented IS in order to maximize IS benefits.

Multiple encapsulated phase change materials (PCMs) are used in a wide range of applications, including convective drying, electronic cooling, waste heat recovery and air conditioning. Therefore, it is important to understand the performance of multiple PCMs in channels with flow separation and develop methods to increase their effectiveness. The aim of the study is to analyze the phase transition dynamics of multiple encapsulated PCMs mounted in a U-shaped tube under inclined magnetic field by using ternary nanofluid.

The PCMs used in the upper horizontal channel, vertical channel and lower horizontal channel are denoted by M1, M2 and M3. Magnetic field is uniform and inclined while finite element method is used as the solution technique. Triple encapsulated-PCM system study is carried out taking into account different values of Reynolds number (Re, ranges from 300 to 1,000), Hartmann number (Ha ranges from 0 and 60), magnetic field inclination (between 0 and 90) and solid volume fraction of ternary nanofluid (between 0 and 0.03). The dynamic response of the liquid fraction is estimated for each PCM with varying Re, Ha and t using an artificial neural network.

It is observed that for PCMs M2 and M3, the influence of Re on the phase transition is more effective. For M2 and M3, entire transition time (t-F) lowers by approximately 47% and 47.5% when Re is increased to its maximum value, whereas it only falls by 10% for M1. The dynamic characteristics of the phase transition are impacted by imposing MGF and varying its strength and inclination. When Ha is raised from Ha = 0 to Ha = 50, the t-F for PCM-M2 (PCM-M3) falls (increases) by around 30% (29%). For PCMs M1, M2 and M3, the phase transition process accelerates by around 20%, 30% and 28% when the solid volume fraction is increased to its maximum value.

Outcomes of this research is useful for understanding the phase change behavior of multiple PCMs in separated flow and using various methods such as nano-enhanced magnetic field to improve their effectiveness. Research outputs are beneficial for initial design and optimization of using multiple PCMs in diverse energy system technologies, including solar power, waste heat recovery, air conditioning, thermal management and drying.

The purpose of this paper is to examine whether a long-run stable money multiplier exists in Kazakhstan. It also investigates whether different episodes of currency shocks, including the financial crisis and recession of 2008–2010, have affected the working of the money multiplier in Kazakhstan.

The long-run multiplier is tested employing three cointegration tests: Engle–Granger (1987), Phillips–Ouliaris (1990) and Johansen and Juselius (1990).

The results of cointegration and coefficient restrictions tests are consistent with the money multiplier when broad money (M2 and M3) is used rather than when narrow money (M1) is used. The relationship between broad money and monetary base is structurally stable when examined on the basis of a dynamic (an error-correction) model. However, the M2 multiplier performs better than the M3 multiplier.

This paper is restricted to testing a mechanistic version of the money multiplier and its stability using both narrow (M1) and broad money (M2 and M3) supplies. Thus, the paper focusses on the money view of the multiplier rather than the credit view of the multiplier.

One implication that emerges from the findings of this paper is that the National Bank of Kazakhstan can control M2 by controlling the monetary base, and hence the latter can serve as an indicator for monetary policy.

The validity of the money multiplier implies that monetary policy can be conducted to control the money supply and the provision of bank credit to private sector to stabilize economic activity, thereby leading towards social stability in the economy as well.

In addition to offering a coherent survey of the literature on the standard money multiplier, this paper is a first attempt to find a stable money multiplier for Kazakhstan.

Several different definitions of Domestic Credit Expansion (DCE) in the UK have been used either for official or for academic purposes, yet apart from an early paper by Art is and Nobay (1969) there has been little serious discussion of the issues involved. This expository note is intended to clarify the differences between the various definitions. Section I uses a table of assets and liabilities by sector to show the relationship between DCE, the change in money supply (ΔM) and the balance of payments/change in foreign reserves (ΔR)for a simple monetary system. Section II uses a more complex table to present three official definitions of DCE for the UK and three definitions that have been used in academic work. Section III considers the choice between the definitions in terms of the purposes for which the concept of DCE might be used. Section IV summarises the main conclusions.