THE EMERGING CLASS OF BUSINESSWOMEN AND WOMEN-OWNED BUSINESS FIRMS IN BRUNEI DARUSSALAM

1996 ◽  
Vol 04 (03) ◽  
pp. 287-300 ◽  
Author(s):  
W.A. WIMALATISSA
Keyword(s):  
Formal Education ◽  
Work Force ◽  
Management Style ◽  
Brunei Darussalam ◽  
Doing Business ◽  
Start Up ◽  
Personal Savings ◽  
Demographic Background ◽  
Service Businesses ◽  
Education Process

This study focuses on the emerging ’women entrepreneurship’ and ’womenowned businesses’ in Brunei Darussalam. It first examines the demographic background, personal competency, reasons behind the choice of ’selfemployment career,’ and management style of the businesswomen. Secondly, it looks into the main sources of finance, lines of merchandise, size of the work force, and problems of the women-owned enterprises. The sample consists of 50 businesswomen. In manufacturing, retail, and service businesses. These businesswomen have gone through the formal education process and are in their thirties. Their reasons for doing business are independence and an opportunity to use their knowledge and experience. The popular types of business activities for these businesswomen are retailing and services. They practise a centralised decision making style. Their businesses are generally in the start-up stage and the predominant source of capital is personal savings. Most of the businesses employ less than 10 workers and the major problems of the businesses are labour shortage and strong competition.

Small bank, big ambitions

2014 ◽  
Vol 30 (10) ◽  
pp. 1-4
Keyword(s):  
Business Performance ◽  
Best Practice ◽  
Global Financial Crisis ◽  
Management Style ◽  
Collaborative Management ◽  
American Business ◽  
Executive Development ◽  
Content Type ◽  
Start Up ◽  
Privately Owned

Purpose – The purpose of this article is to explain how an extensive program of executive development was used to stimulate a far-reaching change in organizational culture and strengthen business performance. Design/methodology/approach – It presents a case study describing how a privately owned Russian bank worked in partnership with an American business school at their European campus to boost management and leadership skills and create a culture that values teamwork, initiative taking and the free exchange of ideas. Findings – The first branch only opened in 1996, but by 2011, it was the third largest privately owned bank in Russia. But at Promsvyazbank (PSB) they wanted more – to compete on the basis of international best practice. Not such an easy task, after the global financial crisis had brought lending to customers to a halt and – perhaps understandably – taken attention away from executive development. Many banks in many countries faced difficulties following that crisis, including the issues of liquidity and capital limits facing PSB. But there were some extra challenges in their drive for expansion: two banks between them dominated the Russian home market: state-owned Sberbank and multinational Raffeisen, with market shares of 60 per cent and 15 per cent, respectively. It was time to ask what the bank needed to do to move from successful start-up to competitive, maturing organization. Practical implications – It emphasizes the role of leaders in driving and managing change and highlights the importance of a clear strategic focus. Social implications – It shows how the creation of a common culture and the adoption of a collaborative management style can stimulate knowledge sharing and strengthen business performance. Originality/value – It provides an insight into the managerial and cultural challenges executives must address as their successful start-up matures into an organization with ambitions to become the top privately owned bank in Russia.

scholarly journals Socio-Economic Impact of Revitalization: The Case of Bandar Seri Begawan, Brunei Darussalam

2018 ◽  
Vol 5 (2) ◽  
pp. 1 ◽  
Author(s):  
Fahmi Ibrahim ◽  
Syazana Syazwani Abdul Ghani
Keyword(s):  
Economic Impact ◽  
Capital City ◽  
Cause And Effect ◽  
City Environment ◽  
Sustainable Environment ◽  
Brunei Darussalam ◽  
Start Up ◽  
New Business ◽  
Socio Economic Impact ◽  
The City

Urban revitalization is the process of the city to restore its vibrancy, bringing the city to life, expanding profitable activities, increase in land and economic values and start-up new business ventures. The importance of revitalization can help improve the development to the city in terms of economic, social and cultural. Strategies of revitalization have been implemented through investments, conservation and regeneration that emphasizes to promote tourism, strengthen the capabilities and increase employment opportunities. The aim of this research paper is to revitalize the city of Bandar Seri Begawan into a sustainable environment integrating the interest of residents, businesses and tourists. Subsequently is to investigate the cause and effect of revitalization towards tourism, cultural and social activities. The study focuses on Bandar Seri Begawan, the capital city of Brunei which does not have the usual characteristic of a busy, key economic centre or ‘life’ of a country which suffers from lack of vitality that it loses out to other cities. Interviews and on-site observations methods were used for this study. The findings demonstrate that revitalization of Bandar Seri Begawan is closely related to the Water Village - Kampong Ayer as it represents the identity of Bandar Seri Begawan. This paper highlights the development of a conceptual framework that can be served as guidelines to revitalize the Bandar Seri Begawan (BSB) into a sustainable city environment integrating all the factors – the diversity of needs of residents, tourists and businesses which also help to understand the cause and effect of revitalization towards tourism, cultural and social activities.Socio-Economic Impact of Revitalization: The Case of Bandar Seri Begawan, Brunei Darussalam

Startup Success Trends in Small Business Beyond Five-Years

2018 ◽  
Vol 3 (1) ◽  
pp. 1-16 ◽  
Author(s):  
Alvin Perry ◽  
Emad Rahim ◽  
Bill Davis
Keyword(s):  
Small Business ◽  
Success Factors ◽  
Early Growth ◽  
Business Development ◽  
Growth Stages ◽  
Small Business Owners ◽  
Doing Business ◽  
Start Up ◽  
Business Failures ◽  
New Business

While entrepreneurs help to drive venture growth through business development in their respective cities, approximately 50% of new business ventures fail within the first 5 years of operation. Boss concluded that over 60% of entrepreneurs and small business owners fail within the first 6 years of doing business. This article examines some of the main factors that support early growth stage entrepreneurial sustainability for small business startups. In this article, entrepreneurship success factors, failure rates and sustainability are examined through qualitative research, expanding on factors identified in previous studies and applying them to different geographical areas. The results of this study can help reduce the number of small business failures by providing actionable knowledge to entrepreneurs in the start-up and early growth stages of business development.

scholarly journals Remittances, ICT and doing business in Sub-Saharan Africa

2019 ◽  
Vol 46 (1) ◽  
pp. 35-54 ◽  
Author(s):  
Simplice Asongu ◽  
Nicholas Biekpe ◽  
Vanessa Tchamyou
Keyword(s):  
Generalized Method Of Moments ◽  
Sub Saharan Africa ◽  
Negative Effects ◽  
Content Type ◽  
Doing Business ◽  
Time To Build ◽  
Start Up ◽  
Information And Communication ◽  
Sub Saharan ◽  
Ssa Countries

Purpose The purpose of this paper is to examine how linkages between information and communication technology (ICT) and remittances affect the doing of business. Design/methodology/approach The focus is on a panel of 49 Sub-Saharan African (SSA) countries for the period 2000–2012. The empirical evidence is based on the generalized method of moments. Findings While the authors establish some appealing results in terms of net negative effects on constraints to the doing of business (i.e. time to start a business and time to pay taxes), some positive net effects are also apparent (i.e. number of start-up procedures, time to build a warehouse and time to register a property). The authors also establish ICT penetration thresholds at which the unconditional effect of remittances can be changed from positive to negative, notably: for the number of start-up procedures, an internet level of 9.00 penetration per 100 people is required, while for the time to build a warehouse, a mobile phone penetration level of 32.33 penetration per 100 people is essential. Practical and theoretical implications are discussed. Originality/value To the best of the authors’ knowledge, this is the first study to assess linkages between ICT, remittances and doing business in SSA.

scholarly journals Mason biodiesel: A family℉s new venture in a new industry

2009 ◽  
Vol 12 (2) ◽  
pp. 63-70
Author(s):  
Matthew Eriksen ◽  
George H. Tompson
Keyword(s):  
United States ◽  
Rhode Island ◽  
The United States ◽  
New Venture ◽  
Full Time ◽  
Bank Debt ◽  
Start Up ◽  
Personal Savings ◽  
New Industry ◽  
Biodiesel Industry

This case describes a real family that has been running a labor-intensive business since 1992. The father, Phil Mason, runs the business with the help of his wife and two of his sons in southwestern Rhode Island. The business is a franchisee of ServiceMaster Clean. In 2006, the franchise employed 20 full-time employees and was the 50th largest ServiceMaster Clean franchise among the approximately 1,200 franchises located in the United States. Annual revenue is approximately $2.5 million. In late 2005, one of Phil℉s sons began researching the biodiesel industry. As he was growing weary of the labor-intensive nature of his franchise business, Phil fully researched the industry himself. By the middle of 2006, Phil was convinced that he could profitably manufacture biodiesel in his spare warehouse space. In July 2006, he formed Mason Biodiesel, LLC and financed the $1.5 million start-up costs through a combination of personal savings and bank debt.

Learning by Doing in Public Archaeology Training

2002 ◽  
Vol 24 (2) ◽  
pp. 11-15
Author(s):  
Brent Weisman
Keyword(s):  
Formal Education ◽  
Professional Competence ◽  
Work Force ◽  
Building Blocks ◽  
Active Role ◽  
Learning By Doing ◽  
Public Archaeology ◽  
Successful Solution ◽  
Education Support

We expect graduate students to be able to enter the work force and begin making professional contributions upon graduation. Indeed, those who do find employment in their chosen field are often immediately faced with complex challenges, the successful solution of which relies on both their problem solving abilities and the demonstration of basic levels of professional competence. We expect them to perform as if they were already experienced in the field, and hope that the building blocks we have provided them with in their formal education support the range of experiences with which they must deal. However, one problematic and daunting question lurks to haunt the transition from student to professional. How can the traditionally passive experience of a student in a classroom truly serve to prepare them for the active role of practitioner?

scholarly journals The Existence of the State of Brunei Darussalam in Advancing Education, Economy and Social Governance “Learning Reflections at the Sultan Syarif Ali University UNISSA Brunei Darussalam”

2020 ◽  
Vol 1 (2) ◽  
Author(s):  
Sumarto Sumarto ◽  
Emmi Kholilah Harahap ◽  
Ilham Dwitama Haeba
Keyword(s):  
Religious Education ◽  
Oil And Gas ◽  
The State ◽  
Tertiary Level ◽  
Economic Sector ◽  
Developed Country ◽  
Good Education ◽  
Brunei Darussalam ◽  
Social Governance ◽  
Education Process

As a prosperous and developed country, of course the State of Brunei Darussalam has implemented a very good education, economy and government system in accordance with the state ideology that is firmly held, namely Malay Islam Beraja (MIB). In the aspect of education, socio-economics and leadership in Brunei Darussalam embody Islam that is Rahmatan lil alamin according to the explanation we have conveyed. Education in Brunei Darussalam is characterized by the dominance of Islamic Religious Education which is specifically managed by Kesultanana in the Haji Sultan Hassanal Bolkiah Foundation (YSHHB) as well as at the tertiary level such as at UBD (Universiti Brunei Darussalam), KUPU (Kolej Universiti Perguruan Ugama) Seri Begawan and UNISSA (Sultan Sharif Ali Islamic University).The Sultanate government as fully responsible for the education process also integrates Islamic religious education with science, where according to the teachings in the Qur'an and Hadith, all have a connection and are beneficial to humans. Likewise with progress in the economic sector, where the State of Brunei Darussalam is a producer of oil and gas in Southeast Asia and even globally, which supports the welfare of its people. A government system that continues to maintain security and stability by adhering to the MIB ideology, carrying out Islamic teachings very well, this can be seen from every policy and regulation delivered by the Sultanate.

scholarly journals LIFELONG LEARNING AS A PRIORITY AREA AND A CONDITION FOR SUCCESSFUL PERSONAL CAREER DEVELOPMENT

2021 ◽  
pp. 466-472
Author(s):  
Elmira Sabirovna Pshembayeva ◽  
Nelli Emilevna Pfeifer
Keyword(s):  
Career Development ◽  
Lifelong Learning ◽  
Informal Education ◽  
Formal Education ◽  
Basic Principles ◽  
The Republic ◽  
The Individual ◽  
Personal Career ◽  
Education Process ◽  
Individual Human

The article is devoted to the study of the organization of lifelong learning process as a condition for the individual’s successful career development. The importance of the accession of the Republic of Kazakhstan to the European educational space is determined. Continuity of the education process, today, is one of the basic principles in the educational policy of Kazakhstan. The article presents the characteristics of such concepts as «formal education», «non-formal education», «informal education», according to the special terminology of UNESCO (formal education is a process of acquiring knowledge that takes place in a well-organized and hierarchically ordered context, culminating in the issuance of a state sample; non-formal education, in turn, is characterized by the acquisition of knowledge outside the specialized educational space; informal education is an individual human activity aimed at the cognitive process and does not always have a specific result). The article proves the need to merge formal, non-formal and informal education, which, in turn, makes it possible to prepare a person for life in a rapidly changing environment and ensure full-fledged career development of the individual, preserving his individuality, and satisfying his career and life needs.

scholarly journals Character Education with Setara Daring Application in Non-Formal Education

2021 ◽  
Vol 10 (4) ◽  
Author(s):  
Pratama Yoga Wica ◽  
Marzuki Marzuki
Keyword(s):  
Data Collection ◽  
Character Education ◽  
Formal Education ◽  
Human Life ◽  
Learning System ◽  
Qualitative Description ◽  
Ministry Of Education ◽  
Analysis Technique ◽  
Document Review ◽  
Education Process

Character is always a problem in human life that must be overcome immediately. One of the alternatives offered to build human character is through character education in non-formal schools. The school has an application that is able to help the character education process which is named the online equivalent application. This application is a learning system designed by the Ministry of Education and Culture Republic Indonesia. This research is in the form of a qualitative description and the purpose of this study is to describe the function of Setara daring applications in fostering the character of learning citizens. Data collection techniques using observation, interviews and documentation. The data collection instruments used were observation sheets, interview guidelines and document review. The data analysis technique used in this study is interactive model of analysis. The results of the application of the Setara Daring application turned out to have a major impact on the character education of learning citizens especially on the character of discipline, responsibility, independence, and caring for others.

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