Browsing by Author "Vassolo, Roberto"
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- ItemCompetitive Dynamics And Early Mover Advantages Under Economic Recessions.Dinámica competitiva y ventajas de precursores en recesiones económicas(2017) Vassolo, Roberto; García Sánchez, J.; Mesquita, L.
- ItemDigitalization of maintenance: exploratory study on the adoption of Industry 4.0 technologies and total productive maintenance practices(TAYLOR & FRANCIS LTD, 2022) Tortorella, Guilherme Luz; Saurin, Tarcisio Abreu; Fogliatto, Flavio Sanson; Mendoza, Diego Tlapa; Moyano-Fuentes, Jose; Gaiardelli, Paolo; Seyedghorban, Zahra; Vassolo, Roberto; Vergara, Alejandro F. Mac Cawley; Sunder, Vijaya M.; Sreedharan, V. Raja; Sena, Santiago A.; Forstner, Friedrich Franz; de Anda, Enrique MaciasThis paper analyzes the joint adoption of Industry 4.0 (I4.0) technologies and Total Productive Maintenance (TPM) practices in manufacturing firms. For that, we surveyed 335 practitioners from firms currently implementing TPM and I4.0, located in sixteen countries. The collected dataset was analyzed using sets of partial correlation analyses, obtained when controlling the effect of three contextual variables, all assessed at the firm level: (i) socio-economic context, (ii) technological intensity, and (iii) size. Pairs of TPM practices and I4.0 technologies with significant positive correlations in all partial correlation sets indicate positive trends in the adoption of elements in the pairs, regardless of context, and may be viewed as indicators of TPM practices and I4.0 technologies more prone to be integrated. Our results identified 67 pairs of I4.0 technologies and TPM practices meeting the significance criterion. Four TPM practices (fostering operator ownership, standardization of AM checks, setting 3M-machine/man/material-conditions, and constant search for the next generation of technology) and two I4.0 technologies (Internet-of-Things, and big data) appeared in 26 of the 67 pairs. The study unveiled trends in the integration of I4.0 and TPM, pointing to pairs whose joint adoption is predominant and indicating pathways to the digitalization of maintenance.
- ItemDoes overconfidence pay off when things go well? CEO overconfidence, firm performance, and the business cycle(2020) Reyes, Tomás H.; Vassolo, Roberto; Kausel, Edgar E.; Torres, D. P.; Zhang, S.
- ItemEffects of contingencies on healthcare 4.0 technologies adoption and barriers in emerging economies(2020) Tortorella, G. L.; Fogliatto, F. S.; Esposto, K. F.; Mac Cawley Vergara, Alejandro Francisco; Vassolo, Roberto; Mendoza, D. T.; Narayanamurthy, G.
- ItemEntry-Timing Advantages in Renewable Natural Resources Industries(2019) Mac Cawley Vergara, Alejandro Francisco; Sevil, Ángel; Vassolo, Roberto; Sepúlveda Vargas, José Ignacio
- ItemEstrategia financiera en tiempos de crisis : cómo las adquisiciones y fusiones pueden generar ventajas competitivas permanentes en periodos de crisis(2021) Gutiérrez Solís, José Tomás; Reyes, Tomás H.; Vassolo, Roberto; Pontificia Universidad Católica de Chile. Escuela de IngenieríaEn esta investigación, examinamos los mecanismos que permiten a algunas empresas transformar las fluctuaciones transitorias en los mercados, usualmente negativas, que provocan las recesiones, en fuentes de ventajas competitivas sostenibles en el largo plazo. Ante esto, planteamos que se puede obtener un desempeño superior durante y con posterioridad a estos periodos de crisis. Esta mejora, se obtiene al administrar óptimamente los recursos internos de la empresa para enfrentar las incertidumbres de los mercados de factores estratégicos, y tomar oportunidades de creación de valor en el momento ideal, acorde con la teoría de opciones reales, en los mercados nacionales e internacionales. Argumentamos que el Apalancamiento Financiero, visto como medida de compromiso, es un elemento crucial que se debe manejar adecuadamente para que sea fuente de oportunidades de ventajas y no de limitaciones en el actuar de las firmas. Por otro lado, planteamos que, dadas las variaciones en los valores de los activos en mercados de factores estratégicos durante las recesiones, se presentan oportunidades no vistas en tiempos de crecimiento económico. Dichas oportunidades pueden ser aprovechadas a través de una mayor actividad de Fusiones y Adquisiciones por parte de firmas con una mejor posición económica. Además, planteamos que estos efectos se ven acentuados en economías emergentes, más que en desarrolladas. Esto se debe a que la liquidez es más valiosa en ellos, debido a las mayores ineficiencias de mercado que hay en mercados menos desarrollados. Nuestra teoría está respaldada por un análisis empírico de 33.043 observaciones trimestrales de 755 empresas pertenecientes a Estados Unidos, Alemania, México y Brasil entre los años 2004 y 2017. Esta muestra abarca varias recesiones, de las cuales estudiamos en particular la del 2007-2009
- ItemHealthcare costs' reduction through the integration of Healthcare 4.0 technologies in developing economies(ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD, 2020) Tortorella, Guilherme Luz; Fogliatto, Flavio Sanson; Esposto, Kleber Francisco; Mac Cawley, Alejandro Francisco; Vassolo, Roberto; Tlapa, Diego; Narayanamurthy, GopalakrishnanThis study aims at examining the effect of Healthcare 4.0 (H4.0) implementation on healthcare costs' reduction in hospitals located in developing economies. For that, 159 middle and senior leaders from hospitals located in Brazil, India, Mexico and Argentina were surveyed regarding their adoption level of H4.0 technologies and cost reduction improvements. Responses were analysed using multivariate data analysis techniques. Our findings indicate that the adoption of H4.0 technologies, empirically grouped into two different bundles (Sensing-Communication and Processing-Actuation), is positively related to healthcare costs' reduction and that the extent of such relationship may vary according to the bundle under analysis. Our results elucidate the impact of digital integration on healthcare costs, suggesting a cost-effective path based on H4.0 implementation. The identification of this relationship in hospitals located in developing economies evidences the benefits of healthcare digital transformation despite the challenging socioeconomic conditions, which has been contradictorily reported in previous studies.
- ItemHow do industry and country impact firm performance? A national and supranational analysis(2019) Etiennot, H.; Vassolo, Roberto; Hermelo, F.D.; McGahan, A.
- ItemHow does artificial intelligence impact employees' engagement in lean organisations?(Taylor & Francis Ltd., 2024) Tortorella, Guilherme Luz; Powell, Daryl; Hines, Peter; Mac Cawley Vergara, Alejandro Francisco; Tlapa-Mendoza, Diego; Vassolo, RobertoDriven by the digital transformation currently pursued by organisations, artificial intelligence (AI) applications have become more frequent. Nevertheless, its impact on employees' behaviors and attitudes is still poorly known. As employees' engagement (EE) is a key element for a successful Lean Production (LP) implementation, there is the need to understand such AI's implications on EE in this scenario. This paper aims to investigate the impact of AI on EE in lean organisations. We performed a qualitative-empirical approach in which we first interviewed twelve academic experts to grasp the investigated problem. Then, we conducted a multi-case study in manufacturing organisations undergoing a LP implementation to refine such understanding based on the observation of real-world evidence. Identifying commonalities between these stages allowed the formulation of propositions for future theory testing and validation. Findings indicate that AI may positively impact EE dimensions (physical, cognitive, and emotional) in human-centred work environments, such as lean organisations, although not at the same extent. Results also suggest that employees' psychological conditions (safety, meaningfulness, and availability) are positively affected by the relationship between AI and EE. The demystification of AI's effect on EE helps practitioners anticipate potential issues that can impair the LP implementation in the Fourth Industrial Revolution era.
- ItemJump! the effect of recessions on competitive positioning(2017) Sepúlveda Lasen, Marco Antonio; Reyes, Tomás H.; Vassolo, Roberto; Pontificia Universidad Católica de Chile. Escuela de IngenieríaAnalizamos el efecto de las recesiones en el posicionamiento estratégico de las empresas. Proponemos que las recesiones cambian temporalmente el valor de los mecanismos de aislamiento competitivo, aumentando el valor de los mecanismos por el lado de la oferta y disminuyendo el valor de los mecanismos por el lado de la demanda. Esto le permitirá a las empresas cambiar su posicionamiento dentro de la industria. No obstante, las empresas verán este cambio como una oportunidad sólo si cuentan con suficiente flexibilidad estratégica. Lo anterior es demostrado empíricamente, luego de analizar múltiples industrias Americanas entre los años 1982 y 2015.
- ItemLiability of Middleness Revisited : The Advantages for Mid-Sized Competitors in Renewable Natural Resource Industries(2019) Cruz Novoa, Alfonso; Reyes, Tomás H.; Vassolo, Roberto
- ItemMeasuring the effect of Healthcare 4.0 implementation on hospitals’ performance(2020) Tortorella, G. L.; Fogliatto, F. S.; Espôsto, K. F.; Mac Cawley Vergara, Alejandro Francisco; Vassolo, Roberto; Tlapa Mendoza, D.; Narayanamurthy, G.
- ItemPolitical uncertainty and innovation : the relative effects of national leaders' education levels and regime systems on firm-level patent applications(2019) Pertuzé Salas, Julio; Reyes, Tomás H.; Vassolo, Roberto; Olivares Bascuñán, Nicolás Benjamín
- ItemSoft lean practices and organizational resilience in the service sector(2023) Tortorella, Guilherme; Prashar, Anupama; Antony, Jiju; Vassolo, Roberto; Mac Cawley Vergara, Alejandro Francisco; Peimbert García, Rodrigo; Mattos Nascimento, Daniel Luiz dePurposeThis paper aims to examine the relationship between the implementation of soft lean practices and organizational resilience development in the service sector.Design/methodology/approachA mixed-methods explanatory design that relied on two sequential and complementary phases was adopted. In the first phase, a quantitative analysis was performed based on data collected from practitioners from service organizations, allowing the identification of the significance of this relationship. In the second phase, the authors used semi-structured interviews with experts to qualitatively assess how this relationship occurs.FindingsFindings indicated that soft lean practices are positively associated with organizational resilience, although the extent of their relationships varies depending on the resilience ability under analysis. Interviews with experts also provided specific details on how such relationships occur, adding insights to the numerical results.Originality/valueThis study provides a deeper understanding of the implications of lean management, specifically concerning the support of soft lean practices to develop organizational resilience. Additionally, the identification of this relationship (and how it occurs) allows service organizations to deploy human-related strategies to promote broader adoption of certain soft lean practices. As socio-cultural changes are usually time-consuming, anticipating these organizational resilience needs may result in competitive advantages in the face of disruptive events.
- ItemThe dark side of the moon : the effect of CEOS overconfidence on performance during macroeconomic recessions(2017) Trucco Vera, Joaquín Eugenio; Reyes, Tomás H.; Vassolo, Roberto; Pontificia Universidad Católica de Chile. Escuela de IngenieríaA pesar de décadas de análisis del efecto de las recesiones en el desempeño financiero de las empresas, a menudo los gerentes fallan en implementar estrategias que los investigadores han probado son exitosas al enfrentar una contracción macroeconómica. En este trabajo analizamos el efecto de la sobre confianza de los gerentes generales en el desempeño de sus empresas durante recesiones macroeconómicas. En general, el exceso de confianza sesga las decisiones de los gerentes generales, llevándolos a sobre invertir en proyectos de bajo valor y a subestimar el riesgo, por consiguiente genera una disminución en la flexibilidad organizacional y financiera de la empresa. Durante periodos de recesión, las firmas requieren una mayor capacidad para adaptarse a cambios organizacionales, puesto que hay mayores presiones no triviales en la rentabilidad de la compañía. Por lo tanto, nosotros afirmamos que el exceso de confianza en gerentes generales es especialmente peligroso durante una recesión. Además,nosotros argumentamos que los gerentes generales con experiencia previa, en ese cargo, durante recesiones económicas pueden ayudar a mitigar los efectos negativos del exceso de confianza. Nuestros resultados empíricos basados en 214 industrias de Estados Unidos durante el periodo 1992 – 2015 apoyan fuertemente este razonamiento.
- ItemTHE FORGOTTEN COMPETITIVE ARENA : STRATEGY IN NATURAL RESOURCE INDUSTRIES(2020) Casarin, A. A.; Lazzarini, S. G.; Vassolo, Roberto
- ItemThe impact of Industry 4.0 on the relationship between TPM and maintenance performance(EMERALD GROUP PUBLISHING LTD, 2022) Tortorella, Guilherme; Saurin, Tarcisio Abreu; Fogliatto, Flavio Sanson; Tlapa, Diego; Moyano Fuentes, Jose; Gaiardelli, Paolo; Seyedghorban, Zahra; Vassolo, Roberto; Mac Cawley, Alejandro Francisco; Sunder, Vijaya M.; Sreedharan, V. Raja; Sena, Santiago Alfredo; Forstner, Friedrich FranzPurpose In this paper, the authors examine the impact of Industry 4.0 (I4.0) technologies on the relationship between total productive maintenance (TPM) practices and maintenance performance. Design/methodology/approach Data collection was carried out through a multinational survey with 318 respondents from different manufacturing companies located in 15 countries. Multivariate data techniques were applied to analyze the collected data. Diffusion of innovations theory (DIT) was the adopted theoretical lens for our research. Findings The authors' findings indicate that I4.0 technologies that aim to process information to support decision-making and action-taking directly affect maintenance performance. Technologies oriented to sensing and communicating data among machines, people, and products seem to moderate the relationship between TPM practices and maintenance performance. However, the extent of such moderation varies according to the practices involved, sometimes leading to negative effects. Originality/value With the advances of I4.0, there is an expectation that several maintenance practices and performance may be affected. Our study provides empirical evidence of these relationships, unveiling the role of I4.0 for maintenance performance improvement.
- ItemThe sources of dynamism in dynamic capabilities(2018) Salvato, Carlo; Vassolo, Roberto