This paper discusses our aims in organizing this special issue. We believe that a synthesis of the field is needed to resolve the many conflicts between theory and empirical evidence and between advocates of the various ...

The impact of the industrial revolutions on all aspects of our society, work and life has, undoubtedly, been substantial. Will all the talk about the information revolution produce similar, far-reaching changes? By examining ...

In this article, the authors begin by examining the current position of the Greek economy, its business environment and firms, noting a duality of extremes between family-owned firms and the subsidiaries of multinationals. ...

Aggregating information by combining forecasts from two or more forecasting methods is an alternative to using just a single method. In this paper we provide extensive empirical results showing that combined forecasts ...

After several decades of important theoretical developments, practical experience gained through applications, and the findings of many empirical studies the field of forecasting is entering into a stage of maturity. The ...

In the last few decades many methods have become available for forecasting. As always, when alternatives exist, choices need to be made so that an appropriate forecasting method can be selected and used for the specific ...

This paper proposes a new approach to time series forecasting based upon three premises. First, a model is selected not by how well it fits historical data but on its ability to accurately predict out-of-sample actual data. ...

The SIBYL/RUNNER interactive forecasting system is a comprehensive package of time-shared computer programs that seek to handle four essential forecasting functions. The first is screening alternative forecasting techniques ...

Long-term predictions are indispensable for planning and strategy. Yet little is known about their value, their limitations or the most appropriate way of making and using them. This paper examines these issues and proposes ...

Lately there has been a renewed interest in strategic planning after more than a decade of focusing on operational concerns such as total quality, downsizing, benchmarking and reengineering. Will strategic planning provide ...

High blood pressure (HBP) or hypertension (HTN) is one of the leading causes of cardiovascular (CV) morbidity and mortality throughout the world. Despite this fact, there is widespread agreement that the treatment of HBP, ...

Forecasting as a scientific discipline has progressed a lot in the last 40 years, with Nobel prizes being awarded for seminal work in the field, most notably to Engle, Granger and Kahneman. Despite these advances, even ...

The Turing Test, originally proposed as a simple operational definition of intelligence, has now been around for more than half a century. This paper chronicles some comments on Turing's classic article from its publication ...

The purpose of the research described in this paper is to first identify successful Greek SMEs that can be qualified as ‘hidden champions’ and second to uncover the factors that have contributed to their success. These ...

The purpose of this paper is to apply the Box–Jenkins methodology to ARIMA models and determine the reasons why in empirical tests it is found that the post-sample forecasting the accuracy of such models is generally worse ...

This paper extends the empirical evidence on the forecasting accuracy of extrapolative methods. The robustness of the major conclusions of the M-Competition data is examined in the context of the telecommunications data ...

Following the attainment of a place in the GreekSailing Team in the Olympics of 1960, SpyrosMakridakis set sail for New York University wherehe obtained a PhD in 1969. His first academicappointment was at INSEAD where he ...

This analysis is devoted to the national culture and its linkage with individual behaviour and work-related values. The authors will investigate into what extent the national culture underpins individual behaviour.

Forecasting methods currently available assume that established patterns or relationships will not change during the post-sample forecasting phase. This, however, is not a realistic assumption for business and economic ...

This paper investigates into what extent, and in what ways, Knowledge Management (KM) and Learning Organisation (LO) constitute new means for the managerial appropriation of the knowledge and skills of workers.