scholarly journals Dialogue with stakeholders as a tool to ensure the sustainability of a business organization

2020 ◽  
Vol 10 (1) ◽  
pp. 21-24
Author(s):  
Taras Kitsak
Keyword(s):  
Business Processes ◽  
Point Of View ◽  
Business Organization ◽  
Business And Society ◽  
Business Organizations ◽  
Theoretical Approaches ◽  
Social And Economic Development ◽  
New Business ◽  
Personal Understanding ◽  
The Impact

The paper examines conceptual principles and the significance of dialogue with stakeholders for the successful functioning of a business organization, its development, competitive advantage, sustainability, brand and image growth. The relevance of this concept in new business realities, the main trends of which are digitalization, openness, networking, and globality of processes, has been substantiated. The purpose of the study is to establish the impact of dialogue with stakeholders on the social and economic development of a business organization in the realities of the new economy. In the course of researching theoretical approaches regarding the nature and scope of dialogue with stakeholders, the author has formed his own point of view on the value and relevance of these processes for business organizations; personal understanding of their impact on business and society has been determined. A list of potential opportunities for a business organization was identified and supplemented, subject to establishing an effective dialogue with stakeholders based on social responsibility. The author’s vision of the content and essence of the stakeholder engagement policy has been developed, the effectiveness of which will manifest itself in increasing the company’s capitalization, improving sustainability, and increasing investment attractiveness. Possible areas of manifestation and directions of interaction with stakeholders have been analyzed and the prospects and opportunities for their development towards strengthening the business process sustainability have been outlined. The research on the importance of dialogue with stakeholders for Ukrainian companies has been analyzed. Conclusions regarding the prospects for the development of this concept in the direction of improving business processes have been substantiated.

Theory A, Theory B and Theory C of managing people at work

2021 ◽  
Vol 5 (1) ◽  
pp. 69-75
Author(s):  
Birendra Nath Singh
Keyword(s):  
Empirical Studies ◽  
Shop Floor ◽  
Scientific Management ◽  
Business Organization ◽  
Business Organizations ◽  
Research Gaps ◽  
Future Studies ◽  
Modern Business ◽  
And Control ◽  
The Impact

Managing people and productivity are prime concerns of modern business organizations. Many empirical studies were conducted during the era of scientific management (Taylor, 1911) to investigate What and How? McGregor’s (1960) epic theory — Theory X and Theory Y, categorizing all employees into two groups and prescribing methods to motivate and control them was the best. However, his findings also suffered strong criticisms, creating research gaps. The objective of this study was to investigate further and to conclude that there are three major groups named Theory A, Theory B, and Theory C. Amongst them, a middle group — Theory B is most dominant, having all capabilities to significantly influence productivity and prosperity of organizations. The methodology used was qualitative, based upon intensive and critical shop-floor observations. Since this study was not empirical, it had many limitations requiring further researches. Therefore, rightly recommended that future studies should correlate the impact of technological advancements upon motivations and productivity of the modern business organization (Veitch, 2018).

scholarly journals The Impact of Open Book Management on Achieving Differentiation in the Business Organization

2016 ◽  
Vol 6 (2) ◽  
pp. 223
Author(s):  
Hamzeh Al- Sha’ar
Keyword(s):  
Practical Experience ◽  
Study Data ◽  
Business Organization ◽  
Business Organizations ◽  
Open Book ◽  
Significance Level ◽  
National Bank ◽  
Study Population ◽  
The Impact ◽  
Organization Study

This study aimed to know the concept open Book management and differentiation in the organizations and studying the effect of the relation between open book administration and differentiation in the organization. Study population consisted of all the commercial banks in Jordan, while the study sample consisted of (30) mangers and division mangers in Cairo Amman Bank and the Kuwait National Bank. The questionnaire has been used as an instrument to collect the study data. The study reached a set of results including: there are roles with statistically significance at significance level (a≤0.05) for paying the wages and the incentives on achieving differentiation in the business organizations. There are differences open book management on differentiation in the organizations attribute to gender, scientific qualification and practical experience variables. 

Digital Technologies in Wholesaling and Retailing

2021 ◽  
pp. 1297-1312
Author(s):  
Felix Weber
Keyword(s):  
Technological Innovation ◽  
Business Processes ◽  
Digital Technologies ◽  
Radical Change ◽  
Point Of View ◽  
Social Trends ◽  
Framework Conditions ◽  
The Impact ◽  
Transformation Processes

The ever increasing intra- and inter-competition, increased costs, and a lower differentiation margin have led to intense competitive pressures within the domains of wholesaling and retailing. At the same time, the increasing digitization due to technological innovation will radical change the economical and procedural fundamentals. In addition, from an entrepreneurial point of view, it must also be considered that the complexity of decision-relevant framework conditions has increased. Digitalisation is therefore to be seen as an essential driver for optimising business processes and as the basis for a new understanding of products and services. However, it cannot be considered independently of other social trends. The chapter will elaborate the underlying drivers and technological trends empowering the transformation processes within the domain of wholesaling and retailing. Starting from these major drivers we will scrutinize the impact of technological advancements and the opportunities, risks and constraints which are connected with it.

STUDI AWAL PENGEMBANGAN JARINGAN INKUBATOR TEKNOLOGI & BISNIS PADA INSTITUSI PENDIDIKAN TINGGI DI INDONESIA

2009 ◽  
Vol 10 (1) ◽  
pp. 47-53
Author(s):  
W Widayat ◽  
Settings Irawadi Jamaran
Keyword(s):  
Higher Education ◽  
Technological Innovation ◽  
Higher Education Institutions ◽  
Business Organization ◽  
Business Organizations ◽  
Research Institutions ◽  
Partnership Development ◽  
Initial Design ◽  
New Business ◽  
New Ideas

Partnership development and technology business incubator on the basis of mutual interests will require more real if developed until the stage of commercialization of technological innovation in the markerplace. The partnership is based on sharing information, experiences and resources between hinger education institutions, research institutions and the community. It is expected that such partership will preduce new business organization that comes from new ideas and new entrepreneurs. In this paper the initial design model is given as networks center college of growth in the form of partnership networks of higher education institutions and research institutions that support the development needs of the community business organizations through technology and business incubators.

scholarly journals Requirements for CFO Within The Business Model

2020 ◽  
Vol 1 (14) ◽  
pp. 186-191
Author(s):  
Rosita Zvirgzdina ◽  
Helena Skadina ◽  
Alida Vane
Keyword(s):  
Business Model ◽  
Business Environment ◽  
Chief Financial Officer ◽  
Business Organization ◽  
Business Organizations ◽  
Management Capability ◽  
Market Situation ◽  
New Business ◽  
Fierce Competition

The concept “Business modeling” has become commonplace in everyday business due to the rapidly changing market situation, fierce competition and digital transformation trend that affects every business. Other player can appear unexpectedly and bring a new business model to the market, typically fueled by innovative technologies and ideas, and render everyone else obsolete. To remain successful shifting of business environment is required as well as an updated management capability not only to modernize processes, but also to select, empower and appreciate workforce. One of the key roles in any business organization plays the Chief Financial Officer (CFO) that contributes and determines the wellbeing of the business. The role has become more important because of the new technological influence and therefore is more needed by business organizations. This paper aims to formulate requirements for CFO for companies that are going to establish a new business model or to reinvent the existing one. The result of this paper forms the basis for conclusions about the role of the CFO while modelling business, contribution to the modelling success and about requirements that the CFO has to meet.

scholarly journals Social responsibility as a factor in ensuring the competitiveness of a business organization

2019 ◽  
Vol 8 (2) ◽  
pp. 27-34
Author(s):  
Taras Kitsak
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Social Development ◽  
Business Processes ◽  
Sociological Research ◽  
Business Organization ◽  
Socially Responsible ◽  
The Stability ◽  
Corporate Social ◽  
The Impact

The article investigates manifestations, trends and dominants of the concept of social responsibility of business; its impact on balanced social development has been determined. The active role of social responsibility in ensuring the stability and competitiveness of business processes has been substantiated. The aim of the research is to determine the impact of socially responsible practices on the socio-economic development of a business organization in modern conditions. The author determined his own interpretation of corporate social responsibility after having researched its essence and its impact on social and business processes. The list of potential benefits for a business organization from realization of social investments has been specified and supplemented. The content and essence of the construct of a socially responsible organization which focuses on the development and successful functioning in a dynamic market environment have been distinguished. The sphere of interaction of the business organization with the main stakeholders has been analyzed and potential directions of establishing a constructive dialogue that will have a positive impact on the stability and success of business processes have been outlined. Sociological research on the evaluation of the perception of social responsibility by business organizations in Ukraine and awareness of its values, trends and benefits has been analyzed. Conclusions regarding directions of strengthening of forming the environment of facilitating the spreading of the concept of corporate social responsibility have been justified. Keywords: corporate social responsibility, stakeholders, balanced social development, socially responsible practices, social investments, social reporting.

Overview of Emerging Web 2.0-Based Business Models and Web 2.0 Applications in Businesses

2011 ◽  
Vol 7 (4) ◽  
pp. 1-16 ◽  
Author(s):  
In Lee
Keyword(s):  
Web 2.0 ◽  
Online Community ◽  
Business Models ◽  
Business Processes ◽  
Relationship Management ◽  
Customer Relationship ◽  
Business Organizations ◽  
Application Development ◽  
Business Applications ◽  
New Business

Web 2.0 offers business organizations an array of new ways to interact with customers and partners. Web 2.0 is continuously evolving and offers new business models and support business processes, customer relationship management, and partner relationship management. This study reviews some of the major business applications of Web 2.0, and identifies Web 2.0-based business models. Six emerging Web 2.0-based business models were identified: (1) Broad Online Community, (2) Focused Online Community, (3) Social Shopping, (4) Content Intermediary, (5) Virtual World, and (6) Shared Web 2.0 Services. Along with these new Web 2.0-based business models, this study discusses how Web 2.0 applications are used to support activities of traditional businesses in the areas of customers, value networking, capability, and sustainability. Finally, the interaction dynamics between emerging web 2.0-based businesses, existing businesses, and the Web 2.0 tool and application development industry are analyzed from an ecological viewpoint.

scholarly journals Review of Technology Adoption Models and Theories to Measure Readiness and Acceptable Use of Technology in a Business Organization

2020 ◽  
Vol 02 (04) ◽  
pp. 207-212
Author(s):  
Thando Dube ◽  
Rene Van Eck ◽  
Tranos Zuva
Keyword(s):  
Information Technology ◽  
Cloud Computing ◽  
Information Systems ◽  
Technology Adoption ◽  
Business Processes ◽  
New Technologies ◽  
Business Organization ◽  
Business Organizations ◽  
The Past ◽  
Use Of Technology

It has been evident that innovative technologies have evolved in the past few decades, notably, in the computing discipline. As a result, technology adoption models and theories are deemed vital to business organizations to assess if end users are ready and accept new technologies. Therefore, requirements to review prevailing technology adoption models and theories which seek to assist business organizations to assess the readiness and acceptance of these new technologies, otherwise, such initiatives become obsolete and do not support core business processes, as it was originally intended. This paper reviews three technology adoption models relevant to information systems and information technology studies on the latest technologies such as ERP, cloud computing, and other systems implemented in business organizations. The study could assist to analyse the acceptance and utilization of new technologies. It can also be used to improve such models and theories in the adoption of new technologies.

scholarly journals 3P (Participants, Process and Physical Evidence): Penilaian Konsep, Penerapan, dan Dampaknya Terhadap Tujuan Organisasi Bisnis-Jawa Barat

2020 ◽  
Vol 20 (3) ◽  
pp. 798
Author(s):  
Harman Malau
Keyword(s):  
Linear Regression ◽  
Marketing Mix ◽  
Primary Data ◽  
Business Organization ◽  
Business Organizations ◽  
Practical Application ◽  
Marketing Department ◽  
Organizational Goals ◽  
Physical Evidence ◽  
The Impact

This study aims to investigate the practical application of the 3P variable marketing strategy on business organizations, examine the impact of the 3P variable and identify the order of strength of its impact on the objectives of the business organization. This research uses a leading manufacturing company registered in Bandung-Indonesia. There are 95% of 105 respondents as online primary data distributed through structured questionnaires to the marketing department. Data analysis is performed through valid rates, mean analysis, linear regression and hypothesis testing. The results showed that the variable marketing mix concept applied in the practice of business organizations. The 3P variable is a variable that plays an important role in achieving the goals of business organizations. The correlation of each participant, process and physical evidence is strong and positive, both partially and simultaneously to the goals of the organization. Furthermore, the achievement of organizational goals can be predicted using linear regression. The participant, process and physical evidence variables significantly influence the achievement of organizational goals.

scholarly journals ANTI-CRISIS MANAGEMENT IN BUSINESS FINANCIAL SECURITY ENSURING

2021 ◽  
Vol 2021 (1) ◽  
Author(s):  
T. Zhukova ◽  
I. Basanets ◽  
I. Plikus
Keyword(s):  
Crisis Management ◽  
Economic Crisis ◽  
Business Processes ◽  
Stable State ◽  
Financial Policy ◽  
Financial Security ◽  
Theoretical Approaches ◽  
Main Thing ◽  
Definition Of ◽  
The Impact

The problem of effective anti-crisis management is of crucial importance for ensuring the overall level of development of Ukraine, surmounting the financial and economic crisis, as well as creating an appropriate level of national security. In today's world with its unstable economic, political and legal dimension an entity is exposed to the external environment. The impact of the economic crisis in the world, including Ukraine, has led to the fact that most companies are close to financial crisis and some of them have already gone bankrupt. The article presents the data showing that companies are in crisis and need anti-crisis management. It is reasoned that anti-crisis management as a mechanism of adaptive regulation of business processes of enterprises is relevant and in demand both in science and in practice; the program of anti-crisis measures in case of its successful practical application can help the companies being on the brick of bankruptcy. Theoretical approaches to the formation of anti-crisis management of enterprises are considered, further research was given to the problems of developing a system of anti-crisis management of the enterprise and the development of anti-crisis financial policy. It is proved that crisis management is aimed at adapting the enterprises' activities to the constantly changing environmental conditions as well as to extract benefits from new opportunities. At the same time, the main thing in the implementation of such management is the rejection of unpromising areas of activity and the definition of the most promising ways of the organization activity ensuring its development. After analysing the latest research on ensuring the stable state and bringing the company out of the crisis, the main approaches to preventing and overcoming bankruptcy in enterprises have been identified. For effective management the measures that will clearly assess the threat and respond to management staff are proposed in the article. The causes and factors that accompany the emergence of a crisis at the enterprise are studied. The activity of Ukrainian enterprises in the conditions of crisis is analyses and a set of measures to improve crisis management for the financial security of the company is created.

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