Managerial Flow

251 Pages·2015·1.19 MB·English

by  Veronica Vecchi

Managerial Flow
When globalization affects jobs and economies, policy makers strive to plan, design,
and implement actions to support their communities and businesses. Furthermore,
local development policies are at the core of international cooperation programs or
more in general represent a challenge for emerging countries. They could refer to infra-
structure, entrepreneurship innovation, or urban renewal. However, more frequently
than not, development policies, which involve different institutional levels and public
and private players, fail because of poor implementation management. This research
book presents a managerial approach (the so-called Managerial Flow) that could help
the closure of gaps that hamper an effi cient and effective policy execution.
The managerial fl ow model observes the phenomenon of policy implementation
for economic development through managerial lens. In the book, the research team
has empirically identifi ed fi ve gaps in practice whereupon public policy implementa-
tion falls down. As a response Managerial Flow model outlines sets of managerial
actions that can be adopted to facilitate a clear “fl ow” from policy development
through to implementation.
This book expands on the Managerial Flow model and acts as both a practi-
cal guide to stimulate evidence-based policy implementation in governments and as
theoretical contribution to policy and strategy execution.
Written for researchers and academics, this book begins by outlining the theoretical
foundations of Managerial Flow and moves to unpack application and cases, based in
different sectors and countries, in order to discuss and show how the Managerial Flow
approach can concretely support managers in the implementation of economic devel-
opment policies. It reviews and discusses how the managerial fl ow could be relevant in
the implementation of a set of sectorial policies and uses the managerial fl ow concept
to analyze cases of economic development and to establish lessons for broader manage-
ment scope.
Veronica Vecchi is SDA Professor of Public Management and Policy at SDA Bocconi,
Bocconi University School of Management.
Ben Farr-Wharton is in the fi nal stages of achieving his doctoral thesis at Southern
Cross Business School. His doctoral research focuses on the impact of social net-
works, business acumen, and performance for people working within the creative
industries.
Rodney Farr-Wharton is Program Leader, Entrepreneurship, and Senior Lecturer,
Innovation and Entrepreneurship, at Faculty of Business, University of the Sunshine
Coast.
Manuela Brusoni is Senior SDA Professor of Public Management and Policy at SDA
Bocconi, Bocconi University School of Management.
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Puplampu Brusoni
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Managerial Flow
E dited by Veronica Vecchi,
Ben Farr-Wharton, Rodney
Farr-Wharton, and Manuela Brusoni
First published 2015
by Routledge
711 Third Avenue, New York, NY 10017
and by Routledge
2 Park Square, Milton Park, Abingdon, Oxon OX14 4RN
Routledge is an imprint of the Taylor & Francis Group,
an informa business
© 2015 Taylor & Francis
The right of Veronica Vecchi, Ben Farr-Wharton, Manuela Brusoni
and Rodney Farr-Wharton to be identified as author of this work has
been asserted by him/her in accordance with sections 77 and 78 of the
Copyright, Designs and Patents Act 1988.
All rights reserved. No part of this book may be reprinted or reproduced or
utilized in any form or by any electronic, mechanical, or other means, now
known or hereafter invented, including photocopying and recording, or in
any information storage or retrieval system, without permission in writing
from the publishers.
Trademark Notice: Product or corporate names may be trademarks or
registered trademarks, and are used only for identification and explanation
without intent to infringe.
Library of Congress Cataloging-in-Publication Data
Managerial flow / edited by Veronica Vecchi, Ben Farr-Wharton, Manuela
Brusoni, Rodney Farr-Wharton.
pages cm. — (Routledge advances in management and business studies ; 61)
Includes bibliographical references and index.
1. Industrial management. 2. Management. I. Vecchi, Veronica.
HD31.2.M36 2015
658—dc23
2014045550
ISBN: 978-0-415-74945-9 (hbk)
ISBN: 978-1-315-79611-6 (ebk)
Typeset in Sabon
by Apex CoVantage, LLC
This book is dedicated to:
Mami, Papi, and Sole, by Veronica
Eloisa, by Ben
Yvonne, by Rod
Ulisse and Penelope, by Manuela
This page intentionally left blank
Contents
List of Figures xii i
List of Tables xv
Preface xvii
A Note from the Editors xxi
PART I
Introduction and Overview
1 Closing the Gaps of the Successful Implementation of Local
Development Policies: The Managerial Flow Approach 3
VERONICA VECCHI AND MANUELA BRUSONI
2 Evaluating the Potential Impact of Development Policies 14
ROD FARR-WHARTON, BEN FARR-WHARTON, AND YVONNE BRUNETTO
3 Making Sense of the Complexity of Managerial Flow:
The Case of Urban Regeneration in the UK 26
ALYSON NICHOLDS
PART II
Innovation and Managerial Flow
4 Implementing Innovation Policy: The Function of Strategic
Orientation, Networks, and Relationships 45
STEPHEN KELLY, JENNIFER SCOTT, JAKOB TRISCHLER, AND
NATALIE WOJTAROWICZ
5 Transforming Singapore’s Innovation System: An Analysis
Using the Managerial Flow Model 60
PENGJI WANG AND ADRIAN T. H. KUAH
6 Fostering Innovation in Chinese Industrial Parks 74
PENGJI WANG AND LIN YUAN