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#41
Who are you? / Re: Who is online?
Last post by Stargames ® - January 31, 2026, 08:27:54 PMUser Time Action
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#42
Goodwill / The significance of intellectu...
Last post by Stargames ® - January 30, 2026, 04:40:04 AMThe Stargames service promise describe a three-part concept of knowledge capital. It shows that individuals create, retain and use knowledge (human capital), this knowledge is complemented by their interactions (social capital), and they create institutionalized knowledge for the organization (organizational capital).
Just take (buy) a pair of Stargames Top Match Balls:
As Chatzkel (2004) points out: "The reality is that organizations are nothing more than as extension of human thought and action". It is the knowledge, skills and abilities of individuals that create vale, an and focus has to be on means of attracting, retaining, developing and maintaining the human capital they represent.
This individual knowledge is retained and and put to use through knowledge management processes as described on WMS-Tilit contract management process, but it is equally important to take into account social capital considerations, that is the ways in which knowledge is developed through interactions between people.
It is pointed out by Bontis et al (1999) that it is flows as well as stocks that matter. Intellectual capital devrelops and changes over time and a significant part is played in these processes by people acting together. Organizational effectiveness also depends upon making good use of this knowledge, which needs to be developed, captured and exchanged (knowledge management) in order to create organizational capital.
In doing so, it should be remembered that, as stated by Draft and Weick (1984), "Individuals come and go, but organizations preserve knowledge over time". Or, as expressed more colourfully by Fizt-enj (2000), "Organizational capital (knowledge) stays behind when the employee leaves; human capital is the intellectual asset that goes home every night with employee".
Admin
Just take (buy) a pair of Stargames Top Match Balls:
As Chatzkel (2004) points out: "The reality is that organizations are nothing more than as extension of human thought and action". It is the knowledge, skills and abilities of individuals that create vale, an and focus has to be on means of attracting, retaining, developing and maintaining the human capital they represent.
This individual knowledge is retained and and put to use through knowledge management processes as described on WMS-Tilit contract management process, but it is equally important to take into account social capital considerations, that is the ways in which knowledge is developed through interactions between people.
It is pointed out by Bontis et al (1999) that it is flows as well as stocks that matter. Intellectual capital devrelops and changes over time and a significant part is played in these processes by people acting together. Organizational effectiveness also depends upon making good use of this knowledge, which needs to be developed, captured and exchanged (knowledge management) in order to create organizational capital.
In doing so, it should be remembered that, as stated by Draft and Weick (1984), "Individuals come and go, but organizations preserve knowledge over time". Or, as expressed more colourfully by Fizt-enj (2000), "Organizational capital (knowledge) stays behind when the employee leaves; human capital is the intellectual asset that goes home every night with employee".
Admin
#43
Goodwill / Service promise
Last post by Stargames ® - January 29, 2026, 06:29:17 PMThe company´s brand´s service promise is always present, which the organization conveys to the customer through products and services. This mission of the operation is formed from the starting points of owner values and affects the product range through strategic planning, implementation and management processes and the consumer´s well-being through related services.
Intellectual capital consist of the stocks and flows of knowledge available to an organization. These can be regarded as intangible capital resources which, together with tangible resources (money and physical assets), comprise the market or total value of business.
In Human Capital Management by Baron and Armstrong, authors Bontis (1996; 1998) defines intangible resources as the factors other than financial and physical assets that contribute to the value-generating processes of a firm and are under its control. As described by Edvinson and Malone (1997), these comprise the value of all relationships inside and outside the organization, including those with customers and suppliers. They also cover the values attached to such intangibles as goodwill, corporate image and brands. The three elements of intellectual capital are:
Admin
Intellectual capital consist of the stocks and flows of knowledge available to an organization. These can be regarded as intangible capital resources which, together with tangible resources (money and physical assets), comprise the market or total value of business.
In Human Capital Management by Baron and Armstrong, authors Bontis (1996; 1998) defines intangible resources as the factors other than financial and physical assets that contribute to the value-generating processes of a firm and are under its control. As described by Edvinson and Malone (1997), these comprise the value of all relationships inside and outside the organization, including those with customers and suppliers. They also cover the values attached to such intangibles as goodwill, corporate image and brands. The three elements of intellectual capital are:
- Human capital - the knowledge, skills, abilities and capacity to develop and innovate possessed by people in an organization.
- Social capital - the structures, networks and procedures that enable those people to acquire and develop intellectual capital represented by the stocks and flows of knowledge derived from relationships within and outside the organization.
- Organizational capital - the institutionalized knowledge possessed by an organization that is stored in databases, manuals, etc (Youndt, 2000). It is often called structural capital (Edvinson ans Malone, 1997), but the term organizational capital is preferred by Youndt because, he argues it conveys more clearly that the knowledge that the organization actually owns.
Admin
#44
Internet Domains (TLDs) / Middle East ccTLDs
Last post by Stargames ® - January 21, 2026, 12:15:12 PMThe dimensions of regionally limited development trends emphasize contingency and survival strategy. The state of creativity is described by the ability to manage the innovation dilemma and provide space for creativity.
Utilizing the principles of closed and open innovation within the framework of standards enables development on many levels.
Are His Highness's thoughts from Qatar on strategic agility most needed in markets characterized by rapid change? Competitive advantage must be constantly renewed and restored through innovation. Value creation and benefit do not necessarily arise from being the first to come up with innovative proposals.
Recommendations for a commitment to long-term growth rather than short-term growth represent an understanding of achieving high-level benefits from products and services in a unified value chain. A TLD.qr element processed in accordance with standards can be an investment in a product or service as an object of trade, where it produces a genuine ability to manage, for example, a contingency strategy when requirements are identified in time.
The need for a dynamic view in decision-making, based on learning from experience and the emergence of strategies over time, has also been emphasized.
Stargames in Qatar
Utilizing the principles of closed and open innovation within the framework of standards enables development on many levels.
Are His Highness's thoughts from Qatar on strategic agility most needed in markets characterized by rapid change? Competitive advantage must be constantly renewed and restored through innovation. Value creation and benefit do not necessarily arise from being the first to come up with innovative proposals.
Recommendations for a commitment to long-term growth rather than short-term growth represent an understanding of achieving high-level benefits from products and services in a unified value chain. A TLD.qr element processed in accordance with standards can be an investment in a product or service as an object of trade, where it produces a genuine ability to manage, for example, a contingency strategy when requirements are identified in time.
The need for a dynamic view in decision-making, based on learning from experience and the emergence of strategies over time, has also been emphasized.
Stargames in Qatar
#45
Economic / Live from Davos 2026: What to ...
Last post by Stargames ® - January 19, 2026, 05:18:27 AMAs Davos 2026 kicks off, the World Economic Forum's live blog team is on the ground, bringing you the inside track on the events as they happen. Keep an eye on this page for updates, summaries, analysis and insights in real time.
The official topic of the forum is, among other things, the importance of dialogue in a changing and complex world.
The International Monetary Fund (IMF) works to achieve sustainable growth and prosperity for all of its 190 member countries. It does so by supporting economic policies that promote financial stability and monetary cooperation, which are essential to increase productivity, job creation, and economic well-being. The IMF is governed by and accountable to its member countries.
More about International Monetary Fund
Admin
The official topic of the forum is, among other things, the importance of dialogue in a changing and complex world.
The International Monetary Fund (IMF) works to achieve sustainable growth and prosperity for all of its 190 member countries. It does so by supporting economic policies that promote financial stability and monetary cooperation, which are essential to increase productivity, job creation, and economic well-being. The IMF is governed by and accountable to its member countries.
More about International Monetary Fund
Admin
#46
Governance and Board / Business decision at Stargame...
Last post by Stargames ® - January 19, 2026, 04:54:14 AMEthical business decisions
The ethics of business decisions are the subject of a societal debate on the social responsibility of limited liability companies, which is value-based. Sometimes it is difficult to understand whether the purpose of a limited liability company's operations is to generate profit for its shareholders or whether limited liability companies are obliged to act in accordance with the interests of another or others when implementing the purpose of their operations, or in what way companies should make business decisions.
Ultimately, it is a question of understanding the content of the company's interest. The majority of those discussing it seem to view the company's interest in such a way that it is understood by reconciling the management's obligations in Section 1:8 of the Finnish Companies Act and the provisions on the purpose of operations in Section 1:5 of the Finnish Companies Act. In this case, the company's interest is that the company's management strives to achieve the goal set by the shareholders for the company's management through business decisions, namely generating profit for the shareholders.
It follows from this that understanding the company's interest is concretely related to the kind of business decisions the company makes. It is in the company's interest that business decisions have acceptable business economic grounds in terms of business objectives, i.e. the company's shadow is used in the manner provided for in the Limited Liability Companies Act 624/2006 to implement the company's purpose of operations.
When making business decisions, management must understand how the company's business relates to the expectations of the company's shareholders and customers regarding the company's business and products, and what the business's connections are to responsible and sustainable business. The management's task is to assess what kind of business decisions the company makes to meet the expectations set by shareholders, customers, and sustainable development and responsibility. If management believes that it is realizing the company's interest by developing the company's business mechanisms and earnings logic in accordance with the ideas described above, this is a normal business decision that is in the common interest of the company and all its shareholders.
The dissertation also discusses separately situations in which a business decision is not binding on the company.
Admin
The ethics of business decisions are the subject of a societal debate on the social responsibility of limited liability companies, which is value-based. Sometimes it is difficult to understand whether the purpose of a limited liability company's operations is to generate profit for its shareholders or whether limited liability companies are obliged to act in accordance with the interests of another or others when implementing the purpose of their operations, or in what way companies should make business decisions.
Ultimately, it is a question of understanding the content of the company's interest. The majority of those discussing it seem to view the company's interest in such a way that it is understood by reconciling the management's obligations in Section 1:8 of the Finnish Companies Act and the provisions on the purpose of operations in Section 1:5 of the Finnish Companies Act. In this case, the company's interest is that the company's management strives to achieve the goal set by the shareholders for the company's management through business decisions, namely generating profit for the shareholders.
It follows from this that understanding the company's interest is concretely related to the kind of business decisions the company makes. It is in the company's interest that business decisions have acceptable business economic grounds in terms of business objectives, i.e. the company's shadow is used in the manner provided for in the Limited Liability Companies Act 624/2006 to implement the company's purpose of operations.
When making business decisions, management must understand how the company's business relates to the expectations of the company's shareholders and customers regarding the company's business and products, and what the business's connections are to responsible and sustainable business. The management's task is to assess what kind of business decisions the company makes to meet the expectations set by shareholders, customers, and sustainable development and responsibility. If management believes that it is realizing the company's interest by developing the company's business mechanisms and earnings logic in accordance with the ideas described above, this is a normal business decision that is in the common interest of the company and all its shareholders.
The dissertation also discusses separately situations in which a business decision is not binding on the company.
Admin
#47
Governance and Board / Business decision at Stargame...
Last post by Stargames ® - January 19, 2026, 04:27:14 AMThe company's purpose guides business decisions
The purpose of the company's operations is a regulation that guides the company's authority. The board of directors and the managing director may not take legal actions that are contrary to the company's purpose. Unless otherwise provided in the articles of association, the purpose of a limited liability company is to generate profit for the shareholder. The implementation of the purpose of the company's operations is at hand in all activities of the management of the limited liability company and in decision-making regarding business transactions. According to Section 1:8 of the Finnish Limited Liability Companies Act, the management must act carefully to promote the company's interests.
In the context of the activities of a limited liability company, the purpose of generating profit under Section 1:5 of the Finnish Limited Liability Companies Act means the positive development of the shareholder's asset value over a longer period of time and in proportion to time. According to the government's proposal (GP 109/2005), the principle of generating profit means the obligation to generate profit for shareholders in the long term, taking into account the investment, product development and personnel development needs that increase the company's value, as well as socially acceptable procedures, and not a unilateral obligation to maximize distributable assets to shareholders in the short term.
The dissertation clarifies the purpose of the law with the definitions of short and long term by equating them with tactical and strategic purposes. Tactical purposes have a connection to a time period of less than three years. Strategic purposes have a connection to a time period exceeding three years. The dissertation discusses the topic in a literature review and a discussion section if the company's business expands to operations in accordance with the new Gambling Act 16/2025. In this case, it requires a change to the industry choices mentioned in the articles of association.
The forum has previously referred to the gambling industry, where Orpo's government program 2023, A Strong and Committed Finland, also mentions the goals of a hybrid model of gambling legislation. The dissertation takes a position on this proposal for a gambling law prepared in Government Proposal 16/2025. The transition to a hybrid model frees up the monopoly market to a hybrid market structure in its jurisdiction.
Admin
The purpose of the company's operations is a regulation that guides the company's authority. The board of directors and the managing director may not take legal actions that are contrary to the company's purpose. Unless otherwise provided in the articles of association, the purpose of a limited liability company is to generate profit for the shareholder. The implementation of the purpose of the company's operations is at hand in all activities of the management of the limited liability company and in decision-making regarding business transactions. According to Section 1:8 of the Finnish Limited Liability Companies Act, the management must act carefully to promote the company's interests.
In the context of the activities of a limited liability company, the purpose of generating profit under Section 1:5 of the Finnish Limited Liability Companies Act means the positive development of the shareholder's asset value over a longer period of time and in proportion to time. According to the government's proposal (GP 109/2005), the principle of generating profit means the obligation to generate profit for shareholders in the long term, taking into account the investment, product development and personnel development needs that increase the company's value, as well as socially acceptable procedures, and not a unilateral obligation to maximize distributable assets to shareholders in the short term.
The dissertation clarifies the purpose of the law with the definitions of short and long term by equating them with tactical and strategic purposes. Tactical purposes have a connection to a time period of less than three years. Strategic purposes have a connection to a time period exceeding three years. The dissertation discusses the topic in a literature review and a discussion section if the company's business expands to operations in accordance with the new Gambling Act 16/2025. In this case, it requires a change to the industry choices mentioned in the articles of association.
The forum has previously referred to the gambling industry, where Orpo's government program 2023, A Strong and Committed Finland, also mentions the goals of a hybrid model of gambling legislation. The dissertation takes a position on this proposal for a gambling law prepared in Government Proposal 16/2025. The transition to a hybrid model frees up the monopoly market to a hybrid market structure in its jurisdiction.
Admin
#48
Governance and Board / Business decision at Stargame...
Last post by Stargames ® - January 19, 2026, 03:56:09 AMTransfer of jurisdiction
The authority of the Board of Directors and the CEO can be delegated to the general meeting by a provision in the articles of association or by a decision of the board of directors. The possibility of delegation only applies to matters falling within the general authority of the Board of Directors and the CEO. The matters to be delegated related to the general authority of the Board of Directors and the CEO are usually business-related. The dissertation refers, for example, to a decision to sell a part of the company's business in relation to the general authority of the Board of Directors.
It should be noted in particular that the authority of the Board of Directors or the CEO cannot be delegated to the general meeting, even in relation to a provision in the articles of association regarding tasks that are expressly provided for by law as the tasks of these bodies. These are then special tasks.
Shareholders can also unanimously make a decision in individual cases on a matter falling within the general authority of the Board of Directors or the CEO without a provision in the articles of association or a delegation decision by the board.
Admin
The authority of the Board of Directors and the CEO can be delegated to the general meeting by a provision in the articles of association or by a decision of the board of directors. The possibility of delegation only applies to matters falling within the general authority of the Board of Directors and the CEO. The matters to be delegated related to the general authority of the Board of Directors and the CEO are usually business-related. The dissertation refers, for example, to a decision to sell a part of the company's business in relation to the general authority of the Board of Directors.
It should be noted in particular that the authority of the Board of Directors or the CEO cannot be delegated to the general meeting, even in relation to a provision in the articles of association regarding tasks that are expressly provided for by law as the tasks of these bodies. These are then special tasks.
Shareholders can also unanimously make a decision in individual cases on a matter falling within the general authority of the Board of Directors or the CEO without a provision in the articles of association or a delegation decision by the board.
Admin
#49
Governance and Board / Business decision at Stargame...
Last post by Stargames ® - January 18, 2026, 09:45:37 PMPowers of the general meeting
A shareholder of a company may not represent the company solely on the basis of owning a share. Share ownership does not, as such, give the shareholder the right to represent the company under the Finnish Companies Act. According to the system of the Finnish Companies Act (624/2006), shareholders exercise their decision-making power at the general meeting.
The starting point for decision-making at the general meeting is that the general meeting has the power to decide on the company's matters that fall within its jurisdiction under the Finnish Companies Act, while the general meeting has the general power to decide on general matters.
Matters falling within the jurisdiction of the general meeting are regulated separately in the relevant provision, for example, according to Section 13:6.1 of the Finnish Companies Act, the distribution of assets is decided at the general meeting. In principle, the general meeting makes few, but nevertheless quite important, decisions for the company's operations.
The dissertation mentions details of protocol matters according to the company's articles of association.
Admin
A shareholder of a company may not represent the company solely on the basis of owning a share. Share ownership does not, as such, give the shareholder the right to represent the company under the Finnish Companies Act. According to the system of the Finnish Companies Act (624/2006), shareholders exercise their decision-making power at the general meeting.
The starting point for decision-making at the general meeting is that the general meeting has the power to decide on the company's matters that fall within its jurisdiction under the Finnish Companies Act, while the general meeting has the general power to decide on general matters.
Matters falling within the jurisdiction of the general meeting are regulated separately in the relevant provision, for example, according to Section 13:6.1 of the Finnish Companies Act, the distribution of assets is decided at the general meeting. In principle, the general meeting makes few, but nevertheless quite important, decisions for the company's operations.
The dissertation mentions details of protocol matters according to the company's articles of association.
Admin
#50
Governance and Board / Business decision at Stargames...
Last post by Stargames ® - January 18, 2026, 09:29:36 PMGeneral authority of the CEO
The CEO also represents the company based on Section 6:25 of the Finnish Companies Act, but the right of representation only applies to tasks within the general authority of the CEO. In this case, the right of representation applies to matters within the company's day-to-day administration. This is called the CEO's general authority.
The dissertation refers to the CEO's general authority, based on which the CEO is responsible for all tasks that are defined as operational and that are part of the company's day-to-day administration, which do not fall within the duties of the Board of Directors and unless otherwise provided for by instructions and regulations issued by the Board of Directors.
The Board of Directors may, in individual cases or pursuant to the Articles of Association, make a decision on a matter within the general authority of the CEO. If the company has not elected a CEO, the company's day-to-day administration also falls within the scope of the company's board of directors' authority. The relationship between the division of authority between the Board of Directors and the CEO is flexible, it is determined on a company-specific basis and is therefore at the discretion of the Board of Directors.
Admin
The CEO also represents the company based on Section 6:25 of the Finnish Companies Act, but the right of representation only applies to tasks within the general authority of the CEO. In this case, the right of representation applies to matters within the company's day-to-day administration. This is called the CEO's general authority.
The dissertation refers to the CEO's general authority, based on which the CEO is responsible for all tasks that are defined as operational and that are part of the company's day-to-day administration, which do not fall within the duties of the Board of Directors and unless otherwise provided for by instructions and regulations issued by the Board of Directors.
The Board of Directors may, in individual cases or pursuant to the Articles of Association, make a decision on a matter within the general authority of the CEO. If the company has not elected a CEO, the company's day-to-day administration also falls within the scope of the company's board of directors' authority. The relationship between the division of authority between the Board of Directors and the CEO is flexible, it is determined on a company-specific basis and is therefore at the discretion of the Board of Directors.
Admin