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  • 101.
    von Schéele, Fabian
    et al.
    Stockholm Univ.
    Haftor, Darek
    Linnaeus University, Faculty of Technology, Department of Informatics.
    Cognitive Time Distortion on the Performance of Economic Organizations2014In: Systems research and behavioral science, ISSN 1092-7026, E-ISSN 1099-1743, Vol. 31, no 1, p. 77-93Article in journal (Refereed)
    Abstract [en]

    This paper introduces a novel conception of an economic organization, where its Total Profit Equation accounts for the phenomenon of cognitive time distortionthis being understood as the discrepancy between physical and cognitive time. Cognitive time distortion is unconditionally inherent in all human beings and everything they do, and typically produces economic inefficiencies as well as human stress; all this may now be conceptualized, detected, and acted upon. The novel Total Profit Equation as introduced here, including its underlying Total Revenue Equation and the Total Cost Equation, echoes a call of the founders of Systems Sciences that non-trivial systems manifest several kinds of temporal experiences. This call has largely been ignored by the various disciplines that study organizations and their management, particularly economic organizations, where the temporal experience of economic organizations is reduced to physical time. In this sense, this contribution offers an alternative to remedy that reductionism. Copyright (c) 2013 John Wiley & Sons, Ltd.

  • 102.
    von Schéele, Fabian
    et al.
    Linnaeus University, Faculty of Technology, Department of Informatics.
    Haftor, Darek
    Linnaeus University, Faculty of Technology, Department of Informatics.
    Feedback information on Individual’s Time Perception Improves Project Management Control: results from a laboratory experiment2015In: Presented at 59th Annual Meeting of the International Society for the Systems Sciences, August 02 - 07, 2015, Berlin, Germany, 2015Conference paper (Refereed)
  • 103.
    von Schéele, Fabian
    et al.
    Linnaeus University, Faculty of Technology, Department of Informatics.
    Haftor, Darek
    Linnaeus University, Faculty of Technology, Department of Informatics.
    Out of Control, yet not maneuverability; Managing Cognitive Time Distortion, projects and economy in complex organizations.2015In: Presented at IAREP - SABE JOINT CONFERENCE, September 3rd – 6th, 2015, Sibiu, Romania, 2015Conference paper (Refereed)
  • 104.
    von Schéele, Fabian
    et al.
    Linnaeus University, Faculty of Technology, Department of Informatics.
    Haftor, Darek
    Linnaeus University, Faculty of Technology, Department of Informatics.
    Productivity Illusion: the Hidden Time Distortion as a Source for Productivity Decrease in Economic Organizations2014In: Book of abstracts for the 10th Asia Pacific Productivity Conference, University of Queensland , 2014, p. 6-Conference paper (Other academic)
    Abstract [en]

    Little attention has been put to the problems of the Time Distortion in productivity, where time distortion is the discrepancy between the objective or physical time and the subjective or cognitive time. Cognitive time distortion is a source of various performance challenges in organisations and its operations, including economic inefficiency, unsatisfactory output quality, and human not well-being. The output-input ratio of productivity may be understood in terms of these two kinds of time. Input that corresponds to physical time and the output that is based time assessments. The current conventions of economic organizations – both in practice and in theory – assume the physical time to be the only kind of time. Based upon findings from biological and mental sciences this assumption of physical time only is challenged. We establish therefore formals relation between the physical time and the cognitive time, and then between that temporal relation and the economic performance of an organization. One implication is that calculus that accounts only for one kind of time, the physical, disregards from errors based on cognitive time assessments by human agents, thereby forming the ground for large errors in performance measurement. An attempt to remedy this is made here by introducing a novel method for the conception and analysis of productivity, where human agent’s cognitive time distortion is accounted for. The formal elaboration of the productivity and efficiency metrics presented here is based upon a workload equation and the conventional total profit equation; however both are formulated to account for empirical findings of the probabilistic and asymmetric character of cognitive time distortion, on individual level as well as on group level. The novelty of the workload equation and the Total Profit Equation comes from its ability to predict of true working time, by introducing new mathematical mechanisms as lever effect between economy, workload and cognitive time distortion. Consequently, we suggest that the fundaments of productivity analysis need to be modified with regard to the measurement of time and value in workload and profit. The here introduced model for productivity analysis may have significant impact for managers.

  • 105.
    von Schéele, Fabian
    et al.
    Linnaeus University, Faculty of Technology, Department of Informatics.
    Haftor, Darek
    Linnaeus University, Faculty of Technology, Department of Informatics.
    Systems Management and Information Metrics based on Time Distortion and Profit2014In: Proceedings of the 58th Annual Meeting of the International Society for Systems Sciences; Washington, United States, 2014Conference paper (Refereed)
    Abstract [en]

    Organizational management systems, for control and command, have attracted a great amount of research and debate since the very origin of management, as its underlying question is: how to manage human activity systems successfully? More recently, the so-called 'Balanced Score Card' approach has assumed dominance in managers' practice. While that approach has its merits, it also has some important limitations; among others it ignores the concept of time and its relation to information. To deal with some aspect of this limitation, this paper introduces a metric, (e.g. mathematical model) based upon information theory (entropy). The entropy in this paper measures the information content of time distortion in organizational performance and links it to the economic outcome (profit). The paper demonstrates how time-based goals can serve as a metrics of both information and economy, and that the relation between information content and economy outcome is not linear.  The paper suggests a mathematical model in which the management system and its operating system are carriers of information (as measured in nats) with economic dependence. The proposed model shows, among others, that time-distortion influences economic performance dramatically, including a lever effect, while high information entropy does not necessarily imply high economic outcome. The outcomes of the paper are contra-intuitive and may suggest a new metric for assessing goal oriented information from management system to its operating system. It may also be seen as a model for assessment of management efficiency with respect to time and economy.

  • 106.
    von Schéele, Fabian
    et al.
    Linnaeus University, Faculty of Technology, Department of Informatics.
    Haftor, Darek
    Linnaeus University, Faculty of Technology, Department of Informatics.
    Temporal Perception as a Source of Productivity Measure Distortion2017In: EWEPA 2017, XV European Workshop on Efficiency and Productivity Analysis, 12 – 15 of June, London, Great Britain, 2017Conference paper (Refereed)
  • 107.
    von Schéele, Fabian
    et al.
    Linnaeus University, Faculty of Technology, Department of Informatics.
    Haftor, Darek
    Uppsala University.
    Temporal workload in economic organizations: A hidden non-linear condition of economic efficiency2018In: Journal of Business Research, ISSN 0148-2963, E-ISSN 1873-7978, Vol. 88, p. 415-420Article in journal (Refereed)
    Abstract [en]

    A temporal workload model is introduced to identify the relationship between the work time and economic performance of the activities conducted by a human agent in the context of an economic organization. The model's novelty derives from the account of time perception and its consequent cognitive time distortion, the latter being understood as a discrepancy between physical and cognitive time. Current praxis, both theoretical and empirical, assumes only physical time. This assumption is challenged here through the inclusion of time perception and cognitive time distortion in estimating the temporal workload of an economic agent. This inclusion enables a novel comprehension of frequent operational challenges, such as work delays, human stress, output quality issues, and economic inefficiencies. The main contribution to the literature is a specification of a new condition that governs the performance of any economic organization where human agents conduct time assessments.

  • 108.
    von Schéele, Fabian
    et al.
    Linnaeus University, Faculty of Technology, Department of Informatics.
    Haftor, Darek
    Linnaeus University, Faculty of Technology, Department of Informatics.
    The map or the reality?: How leverage effects of time leakages distort key ratios in information economy2015In: Proceedings of 2nd Dubrovnik International Economic Meeting. Scientific Conference on Innovation, Leadership & Entrepreneurship – Challenges of Modern Economy: University of Dubrovnik, Department of Economics and Business Economics, Dubrovnik, Croatia, October 01-03, University of Dubrovnik , 2015, p. 231-244Conference paper (Refereed)
    Abstract [en]

    This paper addresses specifically leverage effects based on the irreversible nature of time and the Cognitive Time Distortion in economy. In service - and information society, time has received an ever increasing importance, not from the perspective of faster production, but due to the fact that the major part of the economic value of Total Revenues and Total Costs is based on time. In this paper, we demonstrate new mathematical mechanisms in economy due to the irreversible nature of time and Cognitive Time Distortion, and we explore their lever effects. It is presented that the lever effect on return on capital employed may rise to many hundred percent of budgeted outcome. It is concluded that even moderate cognitive time distortions cause substantial deviation in budgeted profit as well as it proves to be a mechanism to large delays. The lever effect due to the time perception is an ever present distortion of a true economic outcome. 

  • 109.
    von Schéele, Fabian
    et al.
    Linnaeus University, Faculty of Technology, Department of Informatics.
    Haftor, Darek
    Linnaeus University, Faculty of Technology, Department of Informatics.
    The Time According to Taylor and Fayol: An Hampering Heresy in Information Society2015In: Psychology and Economics together for a better life : Conference Overview: IAREP - SABE Joint Conference: Sibiu, 2015 / [ed] Eugen Iordănescu, Cornelia Iordănescu, Gabriela Marcu, Aurelia Drăghici, EPIA , 2015, p. 388-394Conference paper (Refereed)
  • 110.
    von Schéele, Fabian
    et al.
    Linnaeus University, Faculty of Technology, Department of Informatics.
    Haftor, Darek
    Linnaeus University, Faculty of Technology, Department of Informatics.
    Time Distortion as a Metric for Information and Economy in Organizational Control2014In: Procedia Social and Behavioral Sciences: 3rd International Conference on Integrated Information (IC-ININFO) / [ed] Giannakopoulos, G; Sakas, DP; Vlachos, DS; KyriakiManessi, D, Elsevier, 2014, Vol. 147, p. 70-77Conference paper (Refereed)
    Abstract [en]

    Organizational management systems, for control and command, have attracted a great amount of research and debate since the very origin of management, as its underlying question is: how to manage human activity systems successfully? More recently, the so-called ‘Balanced Score Card’ approach has assumed dominance in managers’ practice. While that approach has its merits, it also has some important limitations; among others it ignores time and its relation to information. To deal with some aspect of this limitation, this paper introduces a metric, (e.g. mathematical model) funded upon information theory (entropy) that is linked through a notion of time-distortion to the economic performance of an organization. In this, a goal-related time- distortion, between a management system and its operating system, is a carrier of information with economic dependence. The proposed model shows, among others, that time-distortion influences economic performance dramatically, including a lever effect, while high information entropy does not necessarily imply high economic outcome.

  • 111.
    von Schéele, Fabian
    et al.
    Linnaeus University, Faculty of Technology, Department of Informatics.
    Haftor, Darek
    Uppsala University, Sweden.
    Pashkevich, Natallia
    Linnaeus University, Faculty of Technology, Department of Informatics.
    Cognitive time distortion as a hidden condition of worker productivity2019In: Journal of Business Research, ISSN 0148-2963, E-ISSN 1873-7978, Vol. 101, p. 591-596Article in journal (Refereed)
    Abstract [en]

    The present study advances a novel productivity function of knowledge workers. Cognitive science studies provide clear evidence that, for a given event, there is a difference between a worker's cognitive time and physical clock time; this difference gives rise to a cognitive time distortion. The proposed productivity function accounts for workers' dual experiences of time and the kinds of contracts utilized by an economic organization and its customers and workers. This function shows-for the first time and contrary to intuition-that, given certain conditions, workers' cognitive time and the form of contracts utilized are the only conditioners of knowledge worker productivity. The proposed productivity function unearths a hidden economic lever effect whereby a minor degree of time distortion generates a significant level of worker inefficiency. This constitutes a novel contribution to the literature on knowledge worker productivity.

123 101 - 111 of 111
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  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
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  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
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  • text
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