scholarly journals Financial Planning and Corporate Development: Attitude Analysis of Selected Enterprises in Uzbekistan

2017 ◽  
Vol 3 (6) ◽  
pp. 38-42
Author(s):  
Khasan Akhmedov
Keyword(s):  
Development Strategy ◽  
Financial Planning ◽  
Transition Economy ◽  
Developing Economies ◽  
Business Environment ◽  
Basic Knowledge ◽  
Business Practices ◽  
Corporate Development ◽  
Expansion Planning ◽  
Modern Business

Financial planning has become an integral part of corporate development strategy in businesses in developed and emerging economies. Despite the rapid spread of advanced business practices, enterprises in transition and developing economies still have been lagging behind in absorbing some elements of modern business conduct skills and methods. This weakness is visible in corporate planning and forecasting practices. Although key elements of the market economy have already been introduced and a business environment is functioning favorably, enterprises in transition economies of the post-Soviet area are facing difficulties in applying and adapting changeable and regularly updating economic climate due to changing business psychology in the society and ongoing gradual structural reforms. Entrepreneurs and finance officers possess basic knowledge and understanding of income-cost and input-output planning. But corporate and business expansion planning, forecasting and risk analysis skills are out of their capabilities when it comes to applying in decision-making processes. It should be admitted that people’s business mind changed significantly and nowadays business sector is a backbone of any post-communist or transition economy. However, it does not suffice to run the business, to stay active in the market and to keep the stable financial structure. In this paper, we examined the attitudes of decision-makers of 24 enterprises in Uzbekistan towards financial planning and its possible benefits for enterprises they are running. The Likert scale-based survey showed that attitudes towards the financial planning are positive since its effect on corporate policy matters is treated comparatively less favorable.

Adapting the scrum methodology for establishing the dynamic inter-organizational collaboration

2018 ◽  
Vol 31 (4) ◽  
pp. 852-866 ◽  
Author(s):  
Mohammad Reza Mollahoseini Ardakani ◽  
Seyyed Mohsen Hashemi ◽  
Mohammadreza Razzazi
Keyword(s):  
Value Added ◽  
Business Environment ◽  
Professional Organizations ◽  
Business Practices ◽  
Content Type ◽  
Incremental Method ◽  
Business Environments ◽  
Project Life Cycle ◽  
Modern Business ◽  
Project Life

Purpose The purpose of this paper is to propose an applicable method for establishing the dynamic inter-organizational collaborations (DIOCs) based on the scrum methodology. Design/methodology/approach The scrum methodology embedded within the context of the DIOC project life cycle was used and adapted to being usable with specific characteristics of the project. Findings In order to succeed in the highly competitive, dynamic and changing business environments, the organizations need to change their view of business practices. The transition from the traditional status of manufacturing to the inter-organizational collaborations can be one of the fundamental changes in the modern business management. The proposed method has the capability to establish DIOCs effectively and efficiently whilst guaranteeing agility, competitiveness, and risk timely management. Originality/value Establishing collaborative alliances via association of various experienced and professional organizations and producing the value-added market’s need services is an effective and efficient solution for survival of SMEs in the current competitive, dynamic and changing business environment. So far, different frameworks, reference models/architectures, and many theoretical discussions have been presented for DIOCs context, but these representations are conceptual, empirical and generic. This paper aims to propose an applicable iterative and incremental method for establishing the DIOC which guarantees the agility and risk timely management of the establishment process and promotes competitiveness of partners.

Analysis of Methods of Development of the Human resources of Enterprises

2021 ◽  
pp. 97-105
Author(s):  
Anna Bessonova ◽  
◽  
Tetyana Chernata ◽  
Keyword(s):  
Staff Development ◽  
Human Resources ◽  
Development Strategy ◽  
Business Environment ◽  
Human Potential ◽  
Human Resources Development ◽  
Advantages And Disadvantages ◽  
Long Run ◽  
Modern Business ◽  
Resources Development

Modern business conditions require from managers not only the perfect selection of staff, but also its constant development, because the productivity of each employee and the whole company depends on the successful increase of human resources, its competitiveness and efficiency. Nowadays, a lot of attention and resources are paid to the development of human potential, because a balanced, professional approach to this aspect significantly increases all possible performance indicators of the enterprise. The aim of the study was to analyze the existing systems of human resources development of enterprises, characterization of their methods, tools, advantages and disadvantages, as well as the derivation of the author's interpretation of the term "staff motivation". There was also given a detailed description of modern tools for improving the quality of personnel and their components, proposed by world researchers, and have been formed the basics of the system of human resources development. The authors present and analyze the main mistakes in the implementation of personnel development strategy. In today's business environment, there are several effective methods of forming a productive team and developing human resources. Each of these methods includes a number of effective tools that are necessary for a thorough assessment of human resources of the enterprise and possible ways to develop human resources. The management of the organization should develop a detailed, clear strategic plan for human resources development, which will coincide with other goals of the enterprise and will not be unprofitable in the long run. Management must clearly formulate the goals for which human development will be carried out. To manage the company effectively, it is necessary to understand the deep principles of motivation and staff development, because only if the basics of these categories are presented, management will be able to create their own system of human resources development or choose the one that suits the organization best and avoid standard mistakes in its implementation.

scholarly journals The Applicability of AIS Practices within Modern Business Environment – Case Study of Amman Stock Exchange

2019 ◽  
Vol 13 (11) ◽  
pp. 62
Author(s):  
Jomana Mostafa Albadainah
Keyword(s):  
Cloud Computing ◽  
Stock Exchange ◽  
Business Environment ◽  
Structure Design ◽  
Business Practices ◽  
Application Process ◽  
Business Application ◽  
Amman Stock Exchange ◽  
Modern Business ◽  
Computing Structure

Current study aimed at examining the applicability of Accounting Information Systems within modern business environment in Amman stock exchange between the variables of Software (Industrial application structure, Business application structure, Cloud computing structure) and Hardware (Stand-alone structure design, Multi-user structure design, Network structure design, Cloud computing structure design). In order to be able to highlight extent of applicability researcher has chosen quantitative approach through applying the study tool (questionnaire) on accounting managers within (102) companies in Amman Stock Exchange. After application process total of (65) accounting managers responded to questionnaire with a response rate of 63.72% which was statistically acceptable. Results of study indicated a high level of applicability of AIS within Amman Stock Exchange companies attributed to high awareness of accounting managers regarding AIS. In addition to that, it appeared through the analysis that the applicability degree is more influenced by software equipment more than the hardware which explains that high awareness of individuals.  In light of such results; study recommends companies in Amman stock exchange should continue embracing AISs in their business practices to increase their speed of processing tasks, use data entered into the system to compile reports, and make correction easily where necessary.

scholarly journals Good business practices improve productivity in Myanmar’s manufacturing sector: Evidence from two matched employer–employee surveys

2021 ◽  
Author(s):  
Paolo Falco ◽  
Henrik Hansen ◽  
John Rand ◽  
Finn Tarp ◽  
Neda Trifković
Keyword(s):  
Development Strategy ◽  
Manufacturing Sector ◽  
Value Added ◽  
Medium Size ◽  
Business Practices ◽  
Private Sector Development ◽  
Wage Regressions ◽  
Modern Business ◽  
Employee Information ◽  
Entrepreneurial Training

We look into the relationship between business practices and enterprise productivity using panel data with matched employer and employee information from Myanmar. The data show that micro, small, and medium-size enterprises in Myanmar typically do only a few modern business practices. Even so, through estimates of value-added functions and labour demand relations we find a positive and economically important association between business practices and productivity. The results are confirmed when we utilize employer–employee information to estimate Mincer-type wage regressions. In combination, the value-added functions and the Mincer regressions show that at least half of the productivity gain from improved business practices stems from selection effects of employment of more productive workers. This sorting channel is important to keep in mind when supporting enterprises in Myanmar’s manufacturing sector through entrepreneurial training activities. While our results indicate that implementation of more structured business practices could be a key ingredient of a private sector development strategy in Myanmar, the full effect of such a strategy may take time to materialize. Moreover, entrepreneurial training should be accompanied by labour market initiatives aimed at improving productive matches of employers and employees.

scholarly journals The Role of the Process Organizational Structure in the Development of Intrapreneurship in Large Companies

2016 ◽  
Vol 62 (4) ◽  
pp. 42-51 ◽  
Author(s):  
Adisa Delić ◽  
Sabina Đonlagić Alibegović ◽  
Mersiha Mešanović
Keyword(s):  
Rapid Development ◽  
Business Environment ◽  
Global Market ◽  
Business Practices ◽  
Organizational Changes ◽  
Business Environments ◽  
Information Communications Technology ◽  
Modern Business ◽  
Intensive Development

AbstractModern companies’ business environments have become increasingly complex, dynamic, and uncertain as a consequence of globalization and the rapid development of information communications technology. Companies are urged to increase their flexibility in order to keep their competitiveness in the global market. The affirmation of intrapreneurship becomes one of the basic ways for achieving higher adaptability and competitiveness of large companies in the modern business environment. In this context, the choice of an organizational solution that improves the development of entrepreneurial orientation and increases employee entrepreneurship and innovativeness becomes an important task for large companies. Research studies and business practices have indicated that various types of modern organizational forms enable the development of intrapreneurship. Therefore, the main aim of this paper is to identify dominant characteristics of organizational solutions and analyse their influence on the development of intrapreneurship in large companies in Bosnia and Herzegovina (BiH). The research results indicate that current organizational characteristics are not favourable for the development of intrapreneurship in large BiH companies and that improvement is necessary in order to create an enabling environment for intrapreneurship and innovativeness. Based on these findings, recommendations for appropriate organizational changes are presented that might result in a more intensive development of intrapreneurship in large BiH companies.

Strategi Pengembangan Usaha Sepuluh Wirausaha Muda Tenant Program IbK STIE Ahmad Dahlan Jakarta

Liquidity ◽  
2018 ◽  
Vol 1 (2) ◽  
pp. 125-134
Author(s):  
Asriyal Asriyal ◽  
Sutia Budi
Keyword(s):  
Steady State ◽  
Development Strategy ◽  
Business Development ◽  
Self Determination ◽  
Strategy Development ◽  
Development Effort ◽  
Modern Business ◽  
Young Entrepreneurs

The purpose of this study is to: (1) review and analyze the strategies that have been implemented by 10 young entrepreneur’s Program of IbK of STIEAD Jakarta in developing their businesses over the years; (2) identify and analyze the strategies that will be run by them for the next day; (3) analyze and formulate proposals for business development strategy is relevant to young entrepreneurs run by them. The results shows, the strategy which conducted by them is actually still conventional and little is applying modern business patterns. However, they have a plan/strategy development effort that started steady state. Targets that have been set should be reassessed and to be rationalized, if the strategy is capable of being implemented. The recommendations concerned are for all tenants should have self determination for entrepreneurship, able to instill confidence, and always looking for a way out in case of a deadlock

A DATA DEFENSE STRATEGY FOR MODERN BUSINESS ENVIRONMENT

2018 ◽  
Vol 9 (1) ◽  
pp. 21-26
Author(s):  
FLORIN OGIGAU NEAMTIU ◽  
Keyword(s):  
Business Environment ◽  
Defense Strategy ◽  
Modern Business

Business Environment in West Bengal: An Ethical Issue

Think India ◽  
2016 ◽  
Vol 19 (1) ◽  
pp. 35-41
Author(s):  
Sreekumar Ray
Keyword(s):  
West Bengal ◽  
Balance Sheet ◽  
Business Environment ◽  
Business Practices ◽  
Ethical Business ◽  
Industrial Growth ◽  
Long Run ◽  
Fixed Assets ◽  
Finance Company ◽  
Set Up

Ethics in Business are keywords in any business environment which are lacking in most of the cases. In a broad sense ethics means not to cheat others and to do the business in an honest way, to abide by the rules and regulations of the soil, and above all to keep the morale high so that the business can grow to a new height in long run. Unfair means and unethical business practices to earn money quickly are often fraught with the danger of losing the business permanently or losing the goodwill and respect of society. West Bengal has got bad reputation for industrial growth and fake chit funds and it has been named as ponzy capital of India by many as 72 out of 86 fake chit funds are in the state of West Bengal (as per the Report of Ministry of Corporate Affairs, Govt. of India). On the other hand the micro finance company Bandhan which has got Banking license last year (set up in 2001 in West Bengal) and Eins Edutech the company which was originally incorporated on March 9, 1983, as Ganpat Udyog in West Bengal are worth mentioning and at ease one can feel proud of them. As on 17th April, 2015 the latter company has got market capital of Rs.700 crore with its fixed assets, as per its balance sheet, as only two cell phones and one printer. As per monthly status of Bandhan in February 2015 it has 2,022 branches, 63,66,269 borrowers, 15,956 staff, loan disbursed for the month Rs.1,572 crores, and loan outstanding Rs.8,908 crores. Under such situation, this study focuses on the ethical business environment prevailing in West Bengal and the strategies adopted by them.

scholarly journals Does a National Innovation System Encourage Sustainability? Lessons from the Construction Industry in Serbia

2021 ◽  
Vol 13 (7) ◽  
pp. 3591
Author(s):  
Marija Mosurović Ružičić ◽  
Mirjana Miletić ◽  
Marina Dobrota
Keyword(s):  
Energy Efficiency ◽  
Construction Industry ◽  
Innovation System ◽  
Business Environment ◽  
National Innovation System ◽  
Eastern European ◽  
System Perspective ◽  
Modern Business ◽  
Eastern European Countries ◽  
The Impact

Influences from the modern business environment indicate the need for the incorporation of sustainability concepts from an innovation system perspective. In the presented research, we emphasize the energy efficiency concept within the frame of sustainability and innovation. The aim of this research was to underline and explore the relationships between innovation, energy efficiency, and sustainability in the construction industry. To answer the research questions, a questionnaire was created to explore the impact of the energy efficiency certification process on the innovation behavior of construction industry enterprises in Serbia. The results show that energy efficiency has supported innovation, and that there exists a relationship between sustainability and innovativeness in the construction industry. Applying energy efficiency passports has influenced the co-operation of enterprises in the construction sector and other actors in the national innovation system in Serbia. The innovation concept demonstrates that enterprises in the construction industry should be observed as a part of the wider picture—the national innovation system. In turn, the specific context of a particular national innovation system should be seen within the wider picture of national innovation systems of Central and Eastern European Countries (CEECs).

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