scholarly journals Financing As One Of The Key Success Factors Of Small And Medium-Sized Enterprises

2016 ◽  
Vol 6 (2) ◽  
pp. 36-47
Author(s):  
Stjepan Pticar
Keyword(s):  
Capital Accumulation ◽  
Success Factors ◽  
Financial Structure ◽  
Investment Planning ◽  
Business Decisions ◽  
Key Success Factors ◽  
Fixed Assets ◽  
Macroeconomic Environment ◽  
Size And Structure

Abstract All entrepreneurs try to be timely unlimited, constant and successful in their business. In doing so, their company founding, running operations and development all depend on adequate and quality financing. The goal is to ensure a stable financing and growth and the question is how, when and from which sources should the financing be ensured. When talking of financing, it is primarily meant ensuring the money or the capital, a synonym of the entrepreneurship and its main moving strength. In order to be successful, it is of high importance to meet optimal business decisions and specially investing decisions. Even though the focus of the financing process is not solely limited to money, money plays a central role and is also the basis and the requirement for business activity and the very existence and the end goal of a business as well. One important focus of entrepreneurs is the question of an optimal financial structure for their own enterprise. The specifics of every individual company together with the industry they are in and macroeconomic environment they operate in do not allow for a uniform and generally applicable solution to this problem. The focus of this problem lies in the ratio between the size and structure of assets on one side and the size and structure of equity and debt on the other side. Every entrepreneur should also know which amount and structure of long-term assets, fixed assets is necessary for his enterprise. The function of investment planning defines these requirements before the actual investment takes place. An entrepreneur who is already longer in business will at this point analyze his actual financial structure with a focus on capital accumulation and conditions of raising debt.

scholarly journals The Influences of Multiple Factors in the Success of Strategic Planning in Project Management

2021 ◽  
Vol 12 (1) ◽  
pp. 31
Author(s):  
Stacy Lynch
Keyword(s):  
Project Management ◽  
Strategic Planning ◽  
Success Factors ◽  
Management Systems ◽  
Top Management ◽  
Statistical Population ◽  
Key Success Factors ◽  
Multiple Factors ◽  
Natural Outcome

Strategic planning is a process that involves informed dialog among the committee members over a period of time such that a consensus emerges as a natural outcome. In this paper, the multiple factors influencing success of strategic planning has been studied. Key success factors in strategic planning of project management contain such activities that must be performed if the organization intends to achieve its long-term targets. A large majority of enterprises only have a handful of key success factors. Nonetheless, even if one of these success factors is not executed accurately and precisely, the enterprises’ competitive strategy might be threatened. The key success factors in achieving project management excellence also apply to other types of organizations, including those which have not thoroughly implemented their project management systems. Though most organizations are sincere in their efforts to thoroughly implement their systems, stumbling stones are inevitable and have to be overcome. The statistical population of this research is composed of managers, consultants, and experts involved in the strategic planning in project management. According to the research results, the involvement of top management, involvement of team personnel, knowledge of the top management of strategic planning, and organizational culture are the most effective factors of strategic planning.

Relational Benefits Analysis of Credit-Delivering Services for Small and Medium Enterprises in Indonesia

2014 ◽  
Vol 9 (1) ◽  
Author(s):  
Tatik Suryani
Keyword(s):  
Factor Analysis ◽  
Relationship Marketing ◽  
Success Factors ◽  
Small And Medium Enterprises ◽  
Social Benefits ◽  
Key Success Factors ◽  
Relational Benefits ◽  
Medium Enterprises ◽  
Item Scale

Relationship marketing is one of key success factors for maintaining customersfor the long term, and for establishing business competitive advantage. In thedelivery of credit to small and medium enterprises (SMEs), banks need to buildrelationships with the SME clients.  To formulate effective marketing strategiesin credit services, banks should know the SMEs preferences in terms of relational benefits. The objective of this study is to explore the relational benefits sought bythe SME clients from the banks as these SMEs apply credit for developing theirbusiness.  In Indonesia, SMEs are located in three different regions. Another objective is to determine the differences among the three regions in terms of the relational benefits sought. A total of 265 entrepreneurs from three regionsparticipated in the survey.  The factor analysis results show consistency with theprevious studies. The 15-item scale yield three benefit factors sought by SMEsincluding: confidence benefits (50, 46 %), social benefits (11, 16%), and specialtreatment benefits (7, 87%). The variance analysis show significant differences inthe three benefit factors sought by SMEs across the regions. This suggests thatbanks’ delivery of credit services to SME should consider these differences. Keywords - Marketing, relational benefits, confidence benefits, social benefits, specialtreatment benefits, Indonesia

scholarly journals Sustainable Engagement with Indigenous Settlements in Prohibited Areas: Case Study of Karen Tribe Villagers in the Kaengkrachan Forest Complex, Thailand

2021 ◽  
Vol 20 ◽  
pp. 111
Author(s):  
Tarnrawee Ngamsiriudom ◽  
Terdsak Tachakitkachorn ◽  
Monsinee Attavanich ◽  
Chalumpon Thawanaphong ◽  
Piyathida Saikhun
Keyword(s):  
Social Engagement ◽  
National Park ◽  
Success Factors ◽  
Trial And Error ◽  
Key Success Factors ◽  
Job Opportunity ◽  
The Village ◽  
Network Project

Cultural Housing Network Project under collaboration by The Department of National Park, Pidthong Foundation and Chulalongkorn University has been initiated as a social engagement to solve conflicts between the Department of National Park and Primitive Karen tribe villagers in this prohibited area. Treatment bamboo for multi-utilizing and pre-establishing of village working group for cultural promotion has been raised as the key success factors, in parallel with trial and error activity for natural and cultural tourism. These were engaged to reconstruct the village pride of their local wisdom and widen up the job opportunity for their next generation, under restricted regulation by the Department of National Park and long-term distrustful conflicts between both sides. Chulalongkorn University and Pidthong Foundation, as the academic and NPO sectors, have to retain their neutral stances by following up a consensus roadmap of sustainable engagement plan, to counter measurement with any unexpected emerging pressures from both sides.

scholarly journals Investigating the Key Success Factors of Social Marketing in Promoting Environmental Consciousness: A Dematel-Based Approach

2020 ◽  
Vol 12 (2) ◽  
pp. 1 ◽  
Author(s):  
Chi-Horng Liao
Keyword(s):  
Climate Change ◽  
Decision Making ◽  
Natural Resources ◽  
Social Marketing ◽  
Success Factors ◽  
Success Factor ◽  
Environmental Consciousness ◽  
Key Success Factors ◽  
Future Success

Due to the overuse of the environment and natural resources, our environment has suffered long-term damage and natural disasters have been exacerbated by climate change, resulting in a significant impact on people’s livelihood and security. People must consider saving the environment as everyone’s responsibility. Hence, Environmental consciousness should be promoted to inspire public participation. This study used the Decision Making Trial and Evaluation Laboratory (DEMATEL) method to identify the key success factors of social marketing in promoting environmental consciousness. The DEMATEL method has been proven highly effective in gathering the views of experts and thereby providing information of greater reliability in many areas. The results of this research suggest that “Take advantage of existing successful campaign”, “Using appropriate media channel to increase the participation”, and “Enhancing campaign success by appropriate research” are the main strategies for promoting environmental consciousness. The findings of this study may be used in future success factor evaluations where social marketing is compared with other measures aiming to increase the efficiency of the campaign.

Identifying the Key Success Factors in Strategic Alignment of Transport Collaboration Using a Hybrid Delphi-AHP

2018 ◽  
pp. 1-36
Author(s):  
Yasanur Kayikci ◽  
Michael R. Bartolacci ◽  
Larry J. LeBlanc
Keyword(s):  
Supply Chain ◽  
Success Factors ◽  
Raw Materials ◽  
Strategic Alignment ◽  
Competitive Advantages ◽  
Sustainable Transport ◽  
Key Success Factors ◽  
Technical Risk ◽  
Reducing Costs

Transport collaboration has emerged as a growing trend that creates opportunities and competitive advantages for supply chain partners by eliminating inefficiencies and thus reducing costs. As a result, it allows the more efficient utilization of available resources and mitigates greenhouse gas emissions. Ensuring a strategic alignment among different partners is necessary to sustain a long-term collaboration with respect to transport and logistics activities. This chapter studies strategic alignment within the context of supply chain partners. The 37 key criteria from the technical, risk, financial, organizational, and operational categories for the formation and maintenance of a strategic alignment for collaboration are identified by utilizing a hybrid Delphi-AHP. This methodology utilized the expertise of transport experts from different countries. Establishing such collaborative initiatives from raw materials procurement to finished products distribution throughout supply chain is important for creating an efficient and environmentally/socially sustainable transport strategy.

The Effects of Telehealth on Patients with Long-Term Conditions in Routine Healthcare Use and Lessons from Practical Application

2013 ◽  
pp. 103-120 ◽  
Author(s):  
Victor Vuni Joseph
Keyword(s):  
Observational Study ◽  
Hospital Admission ◽  
Success Factors ◽  
Hospital Admissions ◽  
Controlled Trial ◽  
P Value ◽  
Routine Practice ◽  
Long Term Conditions ◽  
Key Success Factors

There is increasing uptake of telehealth for long-term conditions (LTCs). However, evidence of their effectiveness remains largely inconclusive. Similarly, success factors for implementation of telehealth into routine healthcare practice are not fully understood. The objectives of this chapter are to determine the effectiveness of telehealth; and to update existing checklist on key success factors for implementation of telehealth. Both randomized controlled trial (RCT) and observational study methods were used as case-studies. Analysis was carried out using logistic regression model and summary statistics. There was a statistically significant reduction in hospital admissions in favour of the intervention groups in the RCT, with an odds ratio (OR) of 0.08 (95% CI: 0.01, 0.81); p-value = 0.03, while in the observational study, the mean hospital admission per person reduced from 2.19 (95% CI: 1.67, 2.69) to 1.20 (95% CI: 0.88, 1.52); p-value 0.0004. Key success factors identified were used to update the second version of telehealth checklist tool. Telehealth was effective in reducing hospital admission in patients with COPD, heart failure, and diabetes. Key success factors were updated to support telehealth practitioners in embedding telehealth in routine practice.

The Effects of Telehealth on Patients with Long-Term Conditions in Routine Healthcare Use and Lessons from Practical Application

2015 ◽  
pp. 1197-1216
Author(s):  
Victor Vuni Joseph
Keyword(s):  
Observational Study ◽  
Hospital Admission ◽  
Success Factors ◽  
Hospital Admissions ◽  
Controlled Trial ◽  
P Value ◽  
Routine Practice ◽  
Long Term Conditions ◽  
Key Success Factors

There is increasing uptake of telehealth for long-term conditions (LTCs). However, evidence of their effectiveness remains largely inconclusive. Similarly, success factors for implementation of telehealth into routine healthcare practice are not fully understood. The objectives of this chapter are to determine the effectiveness of telehealth; and to update existing checklist on key success factors for implementation of telehealth. Both randomized controlled trial (RCT) and observational study methods were used as case-studies. Analysis was carried out using logistic regression model and summary statistics. There was a statistically significant reduction in hospital admissions in favour of the intervention groups in the RCT, with an odds ratio (OR) of 0.08 (95% CI: 0.01, 0.81); p-value = 0.03, while in the observational study, the mean hospital admission per person reduced from 2.19 (95% CI: 1.67, 2.69) to 1.20 (95% CI: 0.88, 1.52); p-value 0.0004. Key success factors identified were used to update the second version of telehealth checklist tool. Telehealth was effective in reducing hospital admission in patients with COPD, heart failure, and diabetes. Key success factors were updated to support telehealth practitioners in embedding telehealth in routine practice.

scholarly journals The Middle-Income Trap 2.0: The Increasing Role of Human Capital in the Age of Automation and Implications for Developing Asia

2020 ◽  
Vol 19 (3) ◽  
pp. 40-58
Author(s):  
Linda Glawe ◽  
Helmut Wagner
Keyword(s):  
Human Capital ◽  
Capital Accumulation ◽  
Success Factors ◽  
Industrial Revolution ◽  
Emerging Market ◽  
Middle Income ◽  
Key Success Factors ◽  
Future Challenges ◽  
Middle Income Trap

We modify the concept of the middle-income trap (MIT) against the background of the Fourth Industrial Revolution and the (future) challenges of automation (creating the concept of the “MIT 2.0”) and discuss the implications for developing Asia. In particular, we analyze the impacts of automation, artificial intelligence, and digitalization on the growth drivers of emerging market economies and the MIT mechanism. Our findings suggest that improving human capital accumulation, particularly the upgrading of skills needed with the rapid advance of automation, will be key success factors for overcoming the MIT 2.0.

scholarly journals Inflation Thresholds, Economic Growth and Investment Planning In Uganda

2019 ◽  
Vol 2 (1) ◽  
pp. 55
Author(s):  
Rogers Matte
Keyword(s):  
Economic Growth ◽  
Growth Rates ◽  
Capital Accumulation ◽  
Threshold Model ◽  
Infrastructure Development ◽  
Investment Planning ◽  
Development Objectives ◽  
Economic Growth Rates ◽  
The Relationship ◽  
Macroeconomic Environment

<p><em>Economic Planners, monetary policy custodians and civil society in Uganda often disagree on the target for inflation when their development objectives are not harmonised. When development economists argue for increased deficit spending in support of infrastructure development and capital accumulation, they are challenged in regards how much pressure the development budget should put on likely macroeconomic stability, particularly where inflation could rise above the inflation target. This paper examined the effect of inflation on economic growth in Uganda and evaluates the equilibrium rate of inflation in the country, given the macroeconomic environment.</em><em></em></p><p><em>Using the threshold model</em><em> </em><em>and data for the period 1991-2017 it is established that</em><em>:</em><em> a) below 7.3</em><em> </em><em>percent inflation level, the relationship between inflation and economic growth is positive and inflation is not harmful to growth, while at levels above 7.3 percent, inflation was detrimental to economic growth and the relationship become negative; b) at economic growth rates above 7.8 percent, inflation was an incentive for further growth, yet at economic growth rates below 7.8 percent per annum, increases in inflation served as a dis-incentive to economic growth. Therefore Uganda in the current conditions is better off maintaining inflation below 7.3 percent as long as the anticipated economic growth is 7.8 percent.</em></p>

scholarly journals BSC/ABC EFFICIENCY AND PERFORMANCE STRATEGY

ZBORNIK MES ◽  
2016 ◽  
Vol 1 (2) ◽  
Author(s):  
Rada Kučinar ◽  
Predrag Pravdić
Keyword(s):  
Balanced Scorecard ◽  
Success Factors ◽  
Service Providers ◽  
The Balanced Scorecard ◽  
Key Success Factors ◽  
Trade Offs ◽  
Performance Drivers ◽  
And Performance ◽  
Balance Set

Currently a rapid boom has been experienced in telecom sectors. In such a milieu, the pursuit of enhancing service quality has become imperative among the service providers. The balanced scorecard should be viewed as a dynamic system that evolves as the company’s strategy evolves. The four perspectives of the scorecard permit a balance between shortterm and long-term objectives, between outcomes desired and performance drivers of those outcomes, and between hard objectives measures and soften more objective measures. This balance set of measures that reveal the trade-offs that managers have already madе among performance measures and encourage them to achieve their goals in the future without making trade-offs among key success factors.

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