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Tuesday, January 06, 2015

KIBS in Russia 

Doroshenko M., Miles I., Vinogradov D. (2014) Knowledge Intensive Business Services: The Russian Experience. Foresight-Russia, vol. 8, no 4, pp. 24–39.

Knowledge-Intensive Business Services (KIBS) are seen to be a core sector of the so-called ‘knowledge economy’, and already play an important role in developed economies. The KIBS providers are both innovate themselves and provide their clients with knowledge and learning opportunities.
This paper examines the status of KIBS in Russia, and explores some key issues in their role in innovation using data from surveys of KIBS firms and their clients.

...

Conclusions
The evidence from this study on Russia confirms and extends the thesis advanced mainly from studies in Western European countries: that the KIBS sector possesses a high innovative potential. KIBS sectors can generate service innovation of two types: commoditization and personalization of services. In Russia, the KIBS sector’s share of innovative outputs is comparable with the most advanced industrial sectors. Importantly, KIBS also supports innovation among its users, and this support is a self-sustaining mechanism. The sector deserves more attention in statistical reporting and studies, and more consideration from policymakers and other potentially interested stakeholders, including management training schools and industry associations. KIBS can be significant sources of export earning and — according to our analyses — make a significant contribution to innovation in the economy as a whole.
Our study explores the issue of asymmetric perceptions of standardized / customized KIBS by providers and consumers, which partly explains the insufficient engagement in co-production by inexperienced customers. As if looking through an opaque glass, inexperienced clients see all services as essentially similar and do not see the benefits of co-production. A lack of co-production, due to customers’ failure to understand why it is needed, means that services are not always fully absorbed by the customers. They may be inadequately tuned to the needs of the customer, or customers may be under-equipped to absorb them; both problems can be addressed through meaningful co-production of KIBS. The results of our study support the idea that customers with prior experience in KIBS consumption better understand why they need KIBS and the benefits from co-production. This could be an issue to address in awareness-raising initiatives for KIBS firms as well as other organizations.

Research into Professional Services from Cass Business School 

Cass and Cambrifgr have research groups  on Professional Services - here are Cass outputs:

Working papers

Read academic working papers and practitioner reports. For permission to quote from them, or to comment on them, please contact the author.
Exclusive Inclusivity: Securing Status and Legitimacy in the UK's Elite Professional Service Firms.
Louise Ashley and Laura Empson (Working Paper CPSF-0011 2013)
Leadership and Professionals.
Laura Empson and Ann Langley (Working Paper CPSF-0010 2013)
My affair with the 'other': Identity journeys across the research-practice divide.
Laura Empson (Working Paper CPSF-009 2012)
Convenient fictions and inconvenient truths: The role of paradox in understanding female career progression within leading UK accountancy firms.
Louise Ashley and Laura Empson (Working Paper CPSF-008 2012)
Financialization as a strategy of workplace control in professional service firms.
Johan Alvehus and Andre Spicer (Working Paper CPSF-007 2012)
Differentiation and discrimination: Understanding social class and social exclusion in the UK's leading law firms.
Louise Ashley and Laura Empson (Working Paper CPSF-006 2011)
Managing partners and management professionals: Institutional work dyads in professional partnerships.
Laura Empson, Imogen Cleaver and Jeremy Allen (Working Paper CPSF-005-Revised May 2012)
Beyond dichotomies: A multi-stage model of governance in professional service firms.
Laura Empson (Working Paper CPSF-004 2010)
"They're not all bastards": Prospects for gender equality in the UK's elite law firms.
Louise Ashley (Working Paper CPSF-003 2010)
Beyond received wisdom: An integrative perspective on organizing professionals.
Laura Empson, Joseph P. Broschak (University of Arizona) and Huseyin Leblebici (University of Illinois at Urbana-Champaign) (Working Paper CPSF-002 2010)
Making a difference? The use (and abuse) of diversity management at the UK's elite law firms.
Louise Ashley (Working Paper CPSF-001 2010)

and research reports:


Reluctant Leaders and Autonomous Followers - Leadership Tactics in Professional Service Firms

How do leaders in professional service firms stake their claim for leadership and, in an environment where all workers consider themselves experts, how do they maintain this position of power?
Updated: 14/07/2014
Comments:
Views: 3,018

Who's in charge? Exploring leadership dynamics in professional service firms

This research represents a ground-breaking, in-depth study into leadership dynamics in professional service firms. It examines how leaders of these firms exert their influence, and analyses how they enact and resolve internal power dynamics.
Updated: 03/01/2015
Comments: 4
Views: 2,575

The Role of Knowledge Management Strategies and Task Knowledge in Stimulating Service Innovation

Are service firms that enact strategies to manage their new service development knowledge able to generate a sustainable competitive advantage? Based on analysis of data from a large survey of service companies, the answer is yes. We find that companies employing the knowledge management strategies of codification and personalisation reflect higher levels of NSD knowledge. However, the two strategies vary in their individual performance outcomes, with codification promoting NSD proficiency and personalisation promoting greater NSD innovativeness. When used together, the two strategies magnify NSD knowledge, which when combined with NSD proficiency and NSD innovativeness, promote a SCA.
Updated: 04/01/2015
Comments: 8
Views: 2,659

The role of paradox in understanding female career progression within UK professional services firms

In recent years, professional services firms have increasingly promoted their commitment to workplace gender diversity and inclusion (D&I). Research demonstrates that there are three narratives commonly cited to justify D&I. This study argues that the way in which organisational leaders combine and utilise these three narratives can help to predict their success in promoting gender diversity at senior levels.
Updated: 05/01/2015
Comments: 10
Views: 6,031

Resistance to knowledge transfer in mergers between professional service firms

It is known that the announcement of a merger creates a highly stressful environment of uncertainty, fear and distrust. Even if redundancies are not planned, individuals in both the acquired and the acquiring firms may fear loss of status and changes to their established work norms.

Why do individuals resist knowledge transfer in the context of mergers between professional service firms? Professor Laura Empson provides an executive summary of her recent paper on this topic.
Updated: 16/12/2014
Comments: 8
Views: 10,031

Unlocking the Catch-22 of institutional change

Traditionally partnerships are based on ambiguous and negotiated relationships amongst professional peers, who are the firm's owners as well as its core producers. But in recent years there has been a growing acceptance amongst partners in large international law firms that they require more explicit forms of performance measurement and management and more hierarchical structures of governance in order to maximise Profits per Partner - the professional partnership is becoming a bit more corporate.

It was this change which prompted researchers from the Centre of Professional Service Firms to study the rise of the management professional and their role in the professionalisation of management in large international law firms.
Updated: 06/02/2013
Comments:
Views: 4,017

Trust and values in the City


With the recent Occupy movement, the concept of ethics and trust in the City has barely left the news - the perception remains that the City does not serve the wider economy and society.

On October 27th 2011, leading figures came together to discuss a recent initiative to restore trust in the City. The aim of this initiative, established by The Rt Hon The Lord Mayor, Alderman Michael Bear, was to look at practical ways to embed the right values and behaviours in the DNA of every City business and worker.
Updated: 16/12/2014
Comments: 6
Views: 5,987

Playing it safe: Why law firms continue to discriminate on the basis of social class

Author(s):

Louise Ashley

 et al.
It may come as no surprise to read that the UK's leading law firms discriminate on the basis of social class when recruiting but most law firms insist that they value diversity.

One question then is: whydo leading law firms persist in discriminating on the basis of social class? Read the full report to find out more.
Updated: 06/02/2013
Comments:
Views: 5,681

What is the role of the corporate leader in the innovation process post-financial crisis?

A joint project between Cass and the Chartered Insurance Institute (CII).
Updated: 01/01/2015
Comments: 12
Views: 11,579

Making a difference: the use (and abuse) of diversity management at the UK’s elite law firms

This research suggests that though diversity strategies do little to change organisational cultures, those that recognise both the depth of professional prejudice within the sector and the reality of educational inequality across the UK may prove relatively progressive nonetheless.
Updated: 02/11/2011
Comments:
Views: 3,960
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Beyond received wisdom: an integrative perspective on organizing professionals

We argue for an integrative perspective on organizing professionals, one which focuses on the dynamic interplay between the professional service firm and the contending, and sometimes conflicting, perspectives presented by the profession, professionals, and their clients.
Updated: 02/11/2011
Comments:
Views: 3,687

Beyond dichotomies: a multi-stage model of governance in professional service firms

The current working paper argues that these dichotomized models ignore the variety of forms of governance prevalent within the professional service firm sector- in reality a professional service firm will adopt multiple forms of governance over time in response to its increasing scale and complexity.
Updated: 01/01/2015
Comments: 16
Views: 5,468

Cass Ethics with Cameron Cartmell: diversity and inclusiveness at Ernst & Young

Author(s):

Edouard Larpin

 et al.
In the second edition of Cass Ethics, Cameron Cartmell a Partner at Ernst & Young tells us how important diversity and inclusiveness are in his firm.
Updated: 01/01/2015
Comments: 2
Views: 7,253

Beyond the firm: a new way of looking at professional service firms

Professional service firms hold a particular significance for organisational scholars. This is partly to do with the critical position that they occupy in the economic, social, and political realms, and partly because any developments in professional service firms can have far-reaching implications for the study of organisations more generally.
Updated: 22/09/2011
Comments:
Views: 4,233

It's just a stage you’re going through

Partnership or corporation? Private or public? Adhocracy or professional bureaucracy? It is very easy to think of the governance of professional service firms in terms of these simple dichotomies.
Updated: 22/09/2011
Comments:
Views: 4,136

Back to the future: a long term solution to the occupational pensions crisis

Author(s):
DC schemes have some substantial weaknesses, and a continuation of current policies will probably lead to another pensions crisis in a few decades.
Updated: 22/09/2011
Comments:
Views: 4,329

What are professional service firms and why do we study them?

The word 'professional' is often used rather loosely: the lay person will as easily apply it to footballers, actors, and hairdressers as to lawyers and accountants. In the altogether more precise language of academics it is still a highly contested term - as, by extension, is the expression professional service firm (PSF).
Updated: 31/12/2014
Comments: 1
Views: 8,825

Managing the pain of knowledge-based mergers

Mergers and acquisitions are supposed to create value. For professional service firms (PSFs), which are knowledge-based organizations, this value is created through gaining access to and making effective use of new sources of knowledge. It can be the technical knowledge needed to deliver a professional service or the client knowledge required to tailor that service to a client's needs - and ideally it should be both.
Updated: 21/10/2011
Comments:
Views: 9,468

The stories firms tell

We all tell stories about ourselves - sometimes to others to make us look successful, charming, clever etc., sometimes to ourselves to help us explain or excuse our behavior.
 

Partnership under pressure

As recently as twenty years ago, partnership was the pre-eminent form of governance in most major professional sectors. But in the 1980s the incidence of partnership began to decline in areas such as accounting, management consulting, actuarial consulting, and investment banking, to the extent that most major consulting firms and almost all investment banks are now organised as privately-held or publicly-quoted corporations.
 


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