Managing complexity in maritime business: understanding the smart changes of globalization

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Hatice Akpinar ◽  
Didem Ozer-Caylan
Keyword(s):  
Competitive Advantage ◽  
Business Environment ◽  
Point Of View ◽  
Management Decisions ◽  
Important Place ◽  
Content Type ◽  
Complexity Management ◽  
New Business ◽  
The Subject ◽  
Managing Complexity

Purpose This study aims to review and try to understand the importance of complexity management for maritime business to gain competitiveness in global business environment. The purpose of the study is to discuss and evaluate managing change and requirements of understanding the complexity management. Design/methodology/approach To find peer-reviewed journal publications, a large scientific database used by searching Web of Science and Scopus as the most relevant abstract and citation databases that provide peer-reviewed literature data for many different academic disciplines and selected papers evaluated from the maritime business context. Findings As a conceptual paper, the contribution of the study is to offer practical/required management applications with the help of six proposes for making better management decisions to confront future challenges to catch organizational competitiveness and success. With adaptation of complexity management, maritime stakeholders able to create an important core competency. Research limitations/implications The research has some limitations and further research into this area should be extended. This study is designed as a first step to provide an insight to the field and to understand the main views of the subject. Subsequently, complexity management in maritime business is a slightly deficient area of research, which offers remarkable research opportunities. First, it would be fruitful to collect qualitative data to examine the current issues and changing business environment of the maritime business. Second, it would be helpful develop quantitative models to offer practical solutions from the maritime stakeholders’ point of view according to loading/discharging/transportation requirements. Future studies should deepen the subject with the help of simulation models of operations or agent based applications of stakeholder problems or vessel/ship-owner management implementations to understand changing circumstances of new business environment for the sake of managing complexity. Practical implications As the core point of view in strategic management; “achieving and sustaining” competitive advantage in organizations always takes an important place in organizational survival. With the help mentioned proposes stakeholders of the system could understand the ways of dealing with the complexities of new business world which enhances organizational competitiveness. Social implications Maritime business could be defined as a social ecosystem which has it is own dynamics and customs. Socio-eco systems, like all complex systems, show unique non-linear dynamics in space and time which could be tough to define via classical quantitative methods. Organizations co-exist and co-evolve with their environment. It is possible that organizations effect their environment and gain some control over it while at the same time affected from environment and should steer the new trends. Originality/value The originality of the study lies in highlighting the importance of change management as a handler of complexity management for maritime business. The contribution of the paper is to indicate expected opportunities and challenges of smart changes for relevant readiness of maritime business for better management decisions, benefiting maritime business stakeholders by simultaneously enhancing effectiveness to confront future demands to achieve organizational competitiveness. With the help of proper complexity management lenses organizations could able to create their source of competitive advantage that represents capacity to align and enable required functions under tough contextual environment.

scholarly journals GOOD WISHING IN RUSSIA AND CHINA: LINGUISTIC POINT OF VIEW

2018 ◽  
pp. 211-218
Author(s):  
A. V. Tikhonova ◽  
O. V. Chibisova
Keyword(s):  
Business Environment ◽  
Point Of View ◽  
Human Communication ◽  
Important Place ◽  
Ethnic Representation ◽  
Greeting Cards ◽  
On Line ◽  
The Subject ◽  
Definition Of ◽  
Russian Linguistic

The subject of this study is the forms of realization of the concept of “good wishing” in Russia and China, which occupies an important place in the spiritual culture of society, as it regulates the relationships between people within the accepted social statuses and roles. Good wishing serves a contact-fixing (societal or phatic) function and is therefore widely present in various spheres of human communication. The appropriateness of the research is defined by the expansion and strengthening of international relations, as well as by the dominance of well-favored forms of communication in the business environment. The aim of the research is to identify universal and differentiating signs of good wishing in Chinese and Russian linguistic societies on the basis of real usage, that is, the definition of cultural-universal and national-specific features of texts expressing good will. The methodology of the study includes a semantic and communicative analysis, which allows defining lexico-semantic, stylistic and grammatical features of good wishes in Russian and Chinese languages. The study material included on-line greeting cards with various Russian and Chinese wishes. Awareness of the ethnic representation specifics of good wishing will contribute to the improvement of mutual understanding in Russian-Chinese communication.

The Importance of Knowledge Transfer to Industry

2016 ◽  
Vol 4 (1) ◽  
pp. 1-6
Author(s):  
Emília Madudová ◽  
Keyword(s):  
Literature Review ◽  
Competitive Advantage ◽  
Divergent Thinking ◽  
Business Environment ◽  
Point Of View ◽  
Creative Industry ◽  
Specific Knowledge ◽  
Creative People ◽  
Industry Needs ◽  
Firm Owners

The paper examines the specific knowledge universities transfer to industry, reflecting to creative industry needs. As results shows, the most asked alumni competences should be tacit knowledge and divergent thinking. Divergent thinking influence the creativity. Creativity is often defined as the ability to develop new and useful ideas, but in deep literature review, we can see few irregularities and different definitions of creativity. The paper also evaluates the importance of creativity from business environment point of view and from the creative industry perspective and creative firm owners. As point of view. Another key finding is, that to educate creative people will be one of the key competitive advantage, because mainly the ability to create and disseminate knowledge is often at the heart of the organization's competitive advantage not only in creative industry, but in transport industry as well.

Impact of accounting information system on corporate governance: evidence from Pakistani textile sector

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Samza Fatima ◽  
Muhammad Ishtiaq ◽  
Adnan Javed
Keyword(s):  
Corporate Governance ◽  
Textile Industry ◽  
Accounting Information ◽  
Business Environment ◽  
Point Of View ◽  
Primary Data ◽  
Specific System ◽  
Content Type ◽  
Accounting Information Systems ◽  
Textile Sector

Purpose Efficient corporate governance is always important to safeguard the interest of all the stakeholders in the business environment. Therefore, this study focuses on the investigation of the relationship between accounting information systems (AIS) and corporate governance in the textile sector of Pakistan. The textile sector is the backbone of the Pakistani economy and has an important contribution toward the gross domestic product and as well as exports of the country. Design/methodology/approach The data were collected from the finance managers with the sample size of 300 firms of All Pakistan textile mills association, self-delivery and collection method used. Both descriptive and inferential statistics used to analyze data through the Statistical Package for Social Sciences 23. Findings The findings of this study proved that AIS has a significant impact on corporate governance. It is important from the management point of view to record the daily transaction in a better way with the use of a specific system and every member uses the computerized system to accomplish their tasks in the organization. Originality/value The textile industry is the backbone of Pakistan’s economy. The study conducted in this paper by primary data and drawing original contributions in the existing literature. Moreover, the findings of this study are going to have considerable theoretical and practical implications for the market.

Developing a model for supply chain agility and innovativeness to enhance firms’ competitive advantage

2019 ◽  
Vol 57 (7) ◽  
pp. 1511-1534 ◽  
Author(s):  
Chih-Jou Chen
Keyword(s):  
Supply Chain ◽  
Competitive Advantage ◽  
Dynamic Capabilities ◽  
Business Environment ◽  
Structural Equations ◽  
Survey Method ◽  
Content Type ◽  
Supply Chain Agility ◽  
It Integration ◽  
The Impact

Purpose Developing agility and innovativeness as dynamic capabilities are important for firms to sustain their competitive advantage in today’s global economy. The purpose of this paper is to develop and empirically test a framework to investigate how the supply chain agility and innovativeness are achieved through IT integration and trust in members of supply chain and how these, in turn, can enhance firms’ competitive advantage. Design/methodology/approach This research employs a survey method and data are collected from senior managers working in the supply chain or IT area. The model and hypotheses are tested utilizing data from 204 usable Taiwan manufacturing firms via structural equations modeling methodology. Findings The study demonstrates that both IT integration and trust in supply chain members significantly enhance supply chain agility and innovativeness, which in turn positively affect firm’s competitive advantage. The results indicate that IT integration and trust are antecedents and major joint partnership resources for improving supply chain agility and innovativeness. Research limitations/implications Data are collected from manufacturing industry in Taiwan and single respondent from each firm, the generalizability of current findings to other industries or countries should require additional investigation. Practical implications The study suggests that a firm should focus on IT integration and trust in supply chain members to achieve supply chain agility and innovativeness. To take advantage of supply chain agility and innovativeness, through maximizing firm’s competitive advantage, firms should continually adapt to the fast changing business environment and search for creative ways to satisfy new market needs. Originality/value Given the attention paid to supply chain agility and innovativeness in terms of importance to responding to business uncertainty and competitiveness, and more recently, as important capabilities in managing supply chain management, this paper investigates how IT integration and trust can contribute to supply chain agility and innovativeness. Provide evidence regarding the impact of IT integration and trust on agility of supply chains, innovativeness and competitive advantage.

scholarly journals Effects of enterprise sustainability on performance

2020 ◽  
Vol 4 (2) ◽  
pp. 11-23
Author(s):  
Violeta Domanović ◽  
Jasmina Bogićević ◽  
Bojan Krstić
Keyword(s):  
Performance Measurement ◽  
Business Performance ◽  
Business Environment ◽  
Business Rules ◽  
Research Results ◽  
Measurement Models ◽  
Long Run ◽  
New Business ◽  
The Subject ◽  
Sustainability Report

Contemporary business environment imposes new business rules. The maximization of profit and shareholder value cannot be the only aim of an enterprise. Instead, enterprises are forced to maximize value of all stakeholders in order to survive in the long run. The issue of sustainability has become of crucial significance, and especially measurement and reporting on sustainability, as well as, its effects on financial performances, as still dominant ones in the contemporary business performance measurement models. Hence, the subject of the research is the enterprise sustainability in the contemporary business environment. The aim of the research is to stress the role and the significance of the sustainability in the process of improving the enterprise efficiency. The research results show that the enterprise sustainability has the positive implications on the business performances in the long run, as well as on the welfare of all stakeholders. In order to be more transparent, it is desirable for enterprises to create the sustainability report, in the integration with the traditional business report, which would give the complete overview of enterprise efficiency.

The main trends in the Russian tourism and hospitality market from the point of view of Russian travel agencies

2018 ◽  
Vol 10 (4) ◽  
pp. 412-420 ◽  
Author(s):  
Aleksandr Gudkov ◽  
Elena Dedkova ◽  
Kristina Dudina
Keyword(s):  
Relevant Information ◽  
Tourism Industry ◽  
Point Of View ◽  
Content Type ◽  
Qualitative Research Methodology ◽  
Recent Developments ◽  
Survey Results ◽  
The Subject ◽  
Tourism And Hospitality ◽  
The Impact

PurposeThis paper aims to discuss recent developments in the Russian tourism industry and the main reasons for new initiatives in local destination development.Design/methodology/approachThe study is based on qualitative research methodology. A summary of key literature is presented alongside the analysis of the survey results.FindingsThis paper sheds light on the challenges and changes that took place in the Russian tourism business between 2014 and 2017. The subject is poorly covered in academic literature. The basic data for analysis presented in official statistics are scarce. Therefore a more effective way of obtaining relevant information was to conduct a survey using a semi-structured questionnaire, with tourism business actors as respondents.Research limitations/implicationsThis paper provides mostly conceptual analysis based on limited empirical data; directions for further empirical research are proposed in the conclusion.Originality/valueThe paper reveals something of the impact of economic and geopolitical factors, both negative and positive ones, on the restructuring of the Russian tourism market and the emergence of promising opportunities for the development of new domestic destinations. As a result, tourism market actors are able to become more diverse.

Do well-reputed companies carry out higher quality social reporting? An empirical approach

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Francisca Castilla-Polo ◽  
María Del Consuelo Ruiz-Rodríguez
Keyword(s):  
Intellectual Capital ◽  
Point Of View ◽  
Social Reporting ◽  
Voluntary Disclosures ◽  
Content Type ◽  
Weighted Index ◽  
The Subject ◽  
Practical Implications ◽  
Relative Quality

PurposeThe purpose of this research objective was to analyse social reporting within MERCO Business companies both from the point of view of the quantity of information disclosed and the references about their quality. This approach constitutes a novelty with respect to previous literature on the subject.Design/methodology/approachThis paper assesses how social reporting is being carried out by the companies included in the MERCO Corporate Reputation Business Monitor, MERCO Business, during the period 2014–2016. The methodological design include the construction of a weighted index based on two unweighted indexes related to the quantity revealed and the quality detected. In addition, this study integrates intellectual capital and social responsibility approaches in order to deep into these voluntary disclosures.FindingsWhile social reporting is considerable from a quantitative point of view within MERCO Business companies, they do not reach very high levels of quality, which is good to counteract the final value of the quantity–quality index that the authors' propose.Research limitations/implicationsIn MERCO Business companies, quantity is not a proxy for quality within social reporting. In this sense, only considering both dimensions it will be possible to assess these disclosures in a more complete way.Practical implicationsThis study allows a more accurate and comparable view of social reporting than those studies that only focus on how much information is disclosed. Besides, it involves an important advance in the identification of the relative quality of social reporting, opening a new line of research that will be key to comparing this type of disclosures in a more homogeneous way. Likewise, the results can be applied in future studies in the intellectual capital field given the complementarity between both types of disclosures.Social implicationsLikewise, these results will be of interest for future actions aimed at regulating the improvement of the quality of social reporting in the hands of managers, investors and regulators.Originality/valueThe authors have tested the value of quality in social reporting using a weighted index amongst the most reputable companies in the Spanish scenario. These disclosures have been compared with and without the use of it in order to deduce its value to obtain valid conclusions about social reporting.

Sustainable development of the business environment in smart cities: a hierarchical framework

Kybernetes ◽  
2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Mingnan Jiang ◽  
Yang Gao ◽  
Mingwei Jin ◽  
Sitong Liu
Keyword(s):  
Social Problems ◽  
Smart Cities ◽  
Business Environment ◽  
Interpretive Structural Modeling ◽  
Content Type ◽  
Hierarchical Framework ◽  
New Business ◽  
The Difference ◽  
Intelligent Technology ◽  
Smart Technologies

Purpose The purpose of this study is to explore a sustainable hierarchical framework for the business environment in smart cities. However, this hierarchical framework must consider unnecessary attributes and interrelationships between criteria to capture the difference between smart cities and traditional cities. Design/methodology/approach Hence, the fuzzy set theory is used for screening unnecessary attributes, the decision-making and trial evaluation laboratory (DEMATEL) is applied to manage the complex interrelationships among the aspects and attributes and interpretive structural modeling (ISM) is used to divide the hierarchy and construct a hierarchical theoretical framework. Ultimately, this research is applied to develop a sustainable hierarchical framework of the business environment in smart cities. Findings The results show that traditional social problems are still at the core of business environment development in smart cities, new smart opportunities may be discovered, but they are still limited by traditional social factors, the economy is still the main aspect of the business environment and there are still obstacles to solving social problems with smart technologies. Originality/value This theoretical hierarchical framework aims to guide smart cities toward sustainability. This study also proposes creating a predictable business environment by improving administrative efficiency, transparency, social mobility and infrastructure services and cultivating new business opportunities with intelligent technology.

Cloud computing assurance – a review of literature guidance

2017 ◽  
Vol 25 (1) ◽  
pp. 26-46 ◽  
Author(s):  
Rossouw von Solms ◽  
Melanie Willett
Keyword(s):  
Cloud Computing ◽  
Best Practices ◽  
Subject Matter ◽  
It Governance ◽  
Point Of View ◽  
Review Of Literature ◽  
Executive Management ◽  
Content Type ◽  
The Subject ◽  
Made In

Purpose This paper aims to provide guidance on cloud computing assurance from an IT governance point of view. The board and executive management are tasked with ensuring proper governance of organizations, which should in the end contribute to a sense of assurance. Assurance is understood to be a part of corporate governance which provides stakeholders with confidence in a subject matter by evaluating evidence about that subject matter. Evidence will include proof that proper controls and structures are in place, that risks are managed and that compliance with internal and external requirements is demonstrated with regard to the subject matter. Decisions regarding the use of cloud computing in organizations bring these responsibilities to the fore. Design/methodology/approach The design of this paper is based on an extensive review of literature, predominantly best practices and standards, from the fields covering IT governance, cloud computing and assurance. Findings The results from this paper can be used to formulate cloud computing assurance evidence statements, as part of IT governance mandates. Originality/value This paper aims to add value by highlighting the responsibility of managers to ensure assurance when exploiting opportunities presented through IT advances, such as cloud computing; serving to inform management about the advances that have and are being made in the field of cloud computing guidelines; and motivating that these guidelines be used for assurance on behalf of organizations adopting and using cloud computing.

A declaration for international relations (based on Islamic Sufi teachings)

2017 ◽  
Vol 59 (4) ◽  
pp. 584-601
Author(s):  
Bijan Bidabad
Keyword(s):  
International Relation ◽  
International Relations ◽  
International Law ◽  
Design Methodology ◽  
Natural Rights ◽  
Point Of View ◽  
Public International Law ◽  
Content Type ◽  
The Subject ◽  
Practical Implications

PurposeEstablishing peace, security and discipline for individuals, nations and states in contemporary international order is of the highest importance at the present time. Regularization should be done through approaching natural rights of individuals and also through observing humanistic characteristics and ethics. The aim of this paper is to introduce a legal base to promote international relations. Design/methodology/approachA draft for International Relation Declaration based on Islamic Sufi teachings has been compiled, and actually it is an abstract of an extended survey on the subject and opinions in relation to the current international problems. FindingsThis draft has been codified in three main topics of public international law, foreign policy and diplomacy. Research limitations/implicationsTo conclude the draft, it should be scrutinized by many scholars in different disciplines, in the next step. Practical implicationsAs the mystical characteristics of Sufism and Gnosticism of all religions (Tariqa) are all united and based upon love towards the Creator and consequently towards the creatures of God, these provisions could be agreed upon and put into practice. Social implicationsDelicateness, truthfulness and righteousness of Islamic Sufism, which is the gist of all those elites’ divine messages for thousands of years, one after another, can be of a great help to regulate international relations. Originality/valueInternational Law scholars have not looked at this subject matter from the Sufism viewpoint. This paper will shed a light on this point of view from other angles related to the international law such as politics, law and institutions.

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