scholarly journals Managing a culturally diverse workforce: A managerial accountant perspective

2019 ◽  
Vol 13 (2) ◽  
pp. 1904-1909
Author(s):  
Jacques Hugo ◽  
Roelof Sauerman ◽  
Hannorite Schutte ◽  
Danie Schutte ◽  
Eben Van Eeden
Keyword(s):  
Competitive Advantage ◽  
Culturally Diverse ◽  
Work Place ◽  
Past Century ◽  
Sustainable Competitive Advantage ◽  
Diverse Workforce ◽  
Management Accountant ◽  
The People ◽  
Strategic Role ◽  
Dramatic Shift

The role of the Management Accountant has seen a dramatic shift in the past century as the primary function has gradually moved from a technical to a strategic role that focuses on creating a competitive advantage for the organization. This shift from “measuring” to “managing” demands that the management accountant possess a broader range of skills, specifically softer skills, that is needed for managing and leading the people of the organisation in their roles. However, the 21st century work place is much more culturally diverse in its workforce today, than it was in previous decades. This diversity of the people in the organization has the potential to create unequalled competitive advantage if managed well, or to it has the potential to sink an organization if not managed well. This study aims at exploring different models that can be used by the management accountant to be better at understanding and ultimately managing the people within the company in a way that brings the best out of the diversity of its people in working to create a sustainable competitive advantage.

scholarly journals Workforce Diversity: Boon or Bane to the Organisation

2019 ◽  
pp. 7-16
Author(s):  
Aiman Hasan
Keyword(s):  
Competitive Advantage ◽  
Global Economy ◽  
Workforce Diversity ◽  
Critical Area ◽  
Research Papers ◽  
Diverse Workforce ◽  
Hrm Practices ◽  
The People ◽  
Fast Pace ◽  
The Individual

Workforce diversity is a critical area of competence for any organisation. It is an important asset for every organisation that seeks competitive advantage in the global economy. With the change in needs at the fast pace, the association among the people from varied culture, background, beliefs etc. has increased substantially. Wambui et.al. state that HRM practices need to promote diversity for business to grow effectively. The paper discusses the various benefits of a having a diverse workforce along with the challenges linked to it (post #me too movement also). The study of various literature and research papers and books has been done which reveals that diversity is all about differences. The manner in which we analyse and use these differences will determine whether diversity is an asset or liability to the individual and the organization. Workforce diversity can prove to be a strong pillar to the organisation if managed appropriately. There is need to lead a diverse workforce that can give diverse benefits to the organisation.

scholarly journals A review on the HR culture: India, US, Europe

2017 ◽  
Vol 2 (2) ◽  
pp. 103
Author(s):  
Khushmeet Kaur
Keyword(s):  
Competitive Advantage ◽  
Work Environment ◽  
Human Resource ◽  
World Economy ◽  
Competitive Advantages ◽  
Sustainable Competitive Advantage ◽  
Market Place ◽  
The People

The era of globalization of world economy has lead to the high complication, disturbance and competition in the market place. Human resource has become the indispensable part for the success of business. The competitive advantages of the organizations which need to be built sharpened and leveraged are the people. Agility, responsiveness, innovation or transcendence, efficiency and execution is the fundamental need of organizations for sustainable competitive advantage. It is here that organizations can be developed to their fullest capacity with the help of human resource. The work environment in which employees feel motivated and most satisfied when their needs and values are in consistency with those in their workplace is basically defined as the culture of that place. It is like a lifeguard on duty.

scholarly journals Improvement of HR Competency toward Performance and Sustainability Achievement

2020 ◽  
Vol 3 (2) ◽  
Author(s):  
EKANINGTYAS WIDIASTUTI
Keyword(s):  
Data Analysis ◽  
Competitive Advantage ◽  
Sampling Technique ◽  
Analysis Tool ◽  
Sustainable Competitive Advantage ◽  
Multiple Linear Regressions ◽  
Strategic Role ◽  
Data Analysis Tool ◽  
Hr Competencies ◽  
Linear Regressions

This research is focused on Batik businessmen or craftsmen in Banyumas Regency, to examine the improvement of HR competency towards performance and sustainability achievement. This study uses purposive sampling technique and there are 52 samples collected. The data analysis tool used is multiple linear regressions. The results of this study indicate that partially knowledge has a significant effect on Performance and Sustainability, skills does not affect Performance, but affect Sustainability. Ability has a significant effect on Performance and Sustainability. The variables of knowledge, skills, and abilities have 43,4 % effect on performance and have 48,2 % effect on sustainability. The results of the study indicate that batik business and craftsmen have the potential to develop and to manage HR competencies in a more directed and more optimal manner. HR competency has a strategic role in creating performance which will ultimately be a sustainable competitive advantage

Create Sustainable Competitive Advantage through Environmentally Friendly Culture of Village Credit Institutions

2019 ◽  
Vol 9 (7) ◽  
pp. 1606
Author(s):  
Anak Agung Ngurah GEDE SADIARTHA
Keyword(s):  
Organizational Culture ◽  
Competitive Advantage ◽  
Scientific Work ◽  
Sustainable Competitive Advantage ◽  
Credit Institution ◽  
The People ◽  
Banking Institutions ◽  
The Village ◽  
Credit Institutions

The purpose of this research is to obtain empirical The Village Credit Institutions "Lembaga Perkreditan Desa" (herein after abbreviated to as Village Credit Institution)‟ in Bali has a unique organizational culture. It owned by traditional villages in Bali are able to compete with other modern banking. This scientific work discusses sustainable competitive advantage management and the values of the organizational culture that strengthens of Village Credit Institution get the trust of the people of Bali, able to compete with modern banking institutions. The result of the research shows that a sustainable competitive advantage management strategy coupled with the awig-awig strength in the Village Credit Institution as a medium for the role of community discipline, pade ngelahang's attitude is able to build the confidence of local villagers and the strength of the human resource role in menyame braye as an effort to build shared values.

The Knowledge Creation Organization: The Case of Alphana

2012 ◽  
pp. 78-90
Author(s):  
Thang Nguyen Ngoc
Keyword(s):  
Competitive Advantage ◽  
Knowledge Creation ◽  
Future Research ◽  
Sustainable Competitive Advantage ◽  
Knowledge Based ◽  
The Future

Knowledge and the capability to create and utilize knowledge today are consid- ered to be the most important sources of a firm’s sustainable competitive advantage. This paper aims to advance understanding of the knowledge creation of firm in Vietnam by studying Alphanam Company. The case illustrates how knowledge- based management pursues a vision for the future based on ideals that consider the relationships of people in society. The finding shows that the case succeeded because of their flexibility and mobility to keep meeting to the changing needs of the customers or stakeholders. The paper also provided some suggestions for future research to examine knowledge-based management of the companies in a different industry segments and companies originating in other countries

Peran Bank Syariah: Menuju Perekonomian Masyarakat Madani

2019 ◽  
Vol 1 (2) ◽  
pp. 131-144
Author(s):  
Dini Maulana Lestari ◽  
M Roif Muntaha ◽  
Immawan Azhar BA
Keyword(s):  
Financial Markets ◽  
Islamic Law ◽  
Financial Service ◽  
Islamic Banks ◽  
Free Society ◽  
The Public ◽  
Turn On ◽  
The People ◽  
Strategic Role

Islamic banks are present in the community as financial institutions whose activities are based on the principles of Islamic law for the benefit of the people. This study aims to determine the strategic role of Islamic Banks as financial service institutions, the importance of the existence of Islamic Banks and Islamic-based markets and financial instruments in them. In its development, Islamic banks have a role as institutions that turn on public funds, channel funds to the public, transfer assets, liquidity, reallocation of income and transactions. In the Indonesian economic system, the existence of Islamic Banks is important as an alternative solution to the problem of conflict between bank interest and usury. Islamic financial markets and instruments provide a free society of interest and follow a different set of principles. Distribution of profit/ loss according to evidence of participation in the management fund. The division of rental income in the form of musharaka.

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