scholarly journals Diagnosing the Business Development during Strategizing

2021 ◽  
Vol 2021 (2) ◽  
pp. 216-224
Author(s):  
Oleg Kalinskiy ◽  
Nadezhda Isaeva
Keyword(s):  
Industrial Development ◽  
Performance Indicator ◽  
Topological Analysis ◽  
Statistical Simulation ◽  
Sustainable Growth ◽  
Added Value ◽  
Situational Analysis ◽  
Strategic Plans ◽  
Potential Capacity ◽  
And Performance

Introduction. As a rule, strategic plans use the potential plant capacity to adapt the enterprise to adverse conditions, and these plans require constant adjustment. Strategic plans that rely on insufficient information about pant capacity may result in significant financial losses for the company. The research objective was to develop a principle for diagnosing sustainable growth based on potential capacity. Study objects and methods. The research featured three metallurgical enterprises, since metallurgy is of strategic importance for the domestic industrial development. The study involved such standard methods as system and situational analysis, expert assessments, correlation analysis, regression analysis, topological analysis, and statistical simulation. Results and discussion. The authors proposed an algorithm for calculating three types of potential capacity indicators: relative added value and revenue (y1), situational potential (y2) and performance (y3). The new methods made it possible to forecast the indicators of sustainable development and compare the mode of operation with standard value, i.e. the length of the estimated vector, which exceeded or equaled a certain fraction of its maximum possible value. If the vector length was less than this value, the stability started to decrease. The performance indicator demonstrated if the enterprise reached the maximal value of the indicator when it exceeded the boundary of the sustainability standard. Conclusion. The new approach provided a prompt assessment and forecast of the potential plan capacity. It could improve the forecast of potential instability, increase the flexibility of strategic plans, and prevent strategic shock.

scholarly journals The added value of governance boards in small and medium-sized family firms

2010 ◽  
Vol 7 (3) ◽  
pp. 470-479
Author(s):  
Ilse Matser ◽  
Dirk Gerritsen
Keyword(s):  
Family Firms ◽  
Legal Framework ◽  
Added Value ◽  
Short Term ◽  
Resource Based View ◽  
Strategic Process ◽  
Strategic Plans ◽  
Family Smes ◽  
And Performance ◽  
Dutch Family

This paper explores a possible relation between governance boards in small and medium-sized family firms and performance indicators of the firm. Following the legal framework in The Netherlands, firms can have an advisory and/or supervisory governance board next to the top management. The resource based view is used to discuss the possible valuable resources of family SMEs, including the governance board. Two relevant board functions within SMEs are the contribution of resources and the aid to the strategic process. If a governance board is a valuable resource, the establishment of it should ultimately lead to a better defined strategy and possibly a higher performance. Hypotheses were tested on a sample of 330 Dutch family SMEs. Our results show that governance boards positively affect the existence of written strategic plans and the expected marketability of the firm, while there is no relation with the expected short term sales growth.

Board Effectiveness: An Evaluation based on Corporate Governance Score

Think India ◽  
2015 ◽  
Vol 18 (1) ◽  
pp. 16-23
Author(s):  
Hitesh Shukla ◽  
Nailesh Limbasiya
Keyword(s):  
Corporate Governance ◽  
Good Governance ◽  
Sustainable Growth ◽  
Governance Mechanism ◽  
Minority Shareholders ◽  
Effective Governance ◽  
Performance Orientation ◽  
Corporate Governance Mechanism ◽  
And Performance ◽  
Ethical Governance

Growth, progress, and prosperity of any country depend highly on the corporate governance mechanism of that country. Good governance of a country helps it to sustainable growth and consistency in progress. The good governance should contribute towards the improvement in transparency, ethics, morality, and disclosure. The principles of good governance stand on honesty, trust, integrity, openness, and performance orientation. Our honorable Prime Minister Narendra bhai Modi had given the three E for good governance during his speech on Independence Day i.e. Effective Governance, Electronic Governance, and Ethical Governance. The fundamental concern of corporate governance mechanism is to ensure the protection of minority shareholders/owners of specific firms. Mechanism of a corporate governance specifies the relations among the shareholders, board of directors, and managers. The present paper is an attempt to evaluate the effectiveness of the board by calculating the corporate governance score. The mandatory and non-mandatory guidelines have been considered while assigning points to specific parameters of the corporate governance.

scholarly journals Relationship of Limb Lengths and Body Composition to Lifting in Weightlifting

2021 ◽  
Vol 18 (2) ◽  
pp. 756
Author(s):  
Dafnis Vidal Pérez ◽  
José Miguel Martínez-Sanz ◽  
Alberto Ferriz-Valero ◽  
Violeta Gómez-Vicente ◽  
Eva Ausó
Keyword(s):  
Body Composition ◽  
Skill Acquisition ◽  
Performance Indicator ◽  
Relative Length ◽  
Maximal Velocity ◽  
Anthropometric Measures ◽  
Positive Correlation ◽  
Level I ◽  
And Performance ◽  
Relationship Of

Weightlifting is a discipline where technique and anthropometric characteristics are essential to achieve the best results in competitions. This study aims to analyse the relationships between body composition, limb length and barbell kinematics in the performance of weightlifters. It consists of an observational and descriptive study of 19 athletes (12 men [28.50 ± 6.37 years old; 84.58 ± 14.11 kg; 176.18 ± 6.85 cm] and 7 women [27.71 ± 6.34 years old; 64.41 ± 7.63 kg; 166.94 ± 4.11 cm]) who met the inclusion criteria. A level I anthropometrist took anthropometric measures according to the methodology of the International Society for the Advancement of Kinanthropometry (ISAK), and the measurement of the barbell velocity was made with the software Kinovea. In terms of body composition, both genders are within the percentage range of fat mass recommended for this sport. In female weightlifters, there is a positive correlation between foot length, maximal velocity in the Snatch (ρ = 0.775, p = 0.041), and performance indicator in the Snatch and the Clean & Jerk (ρ = 0.964, p < 0.001; ρ = 0.883, p = 0.008, respectively). In male weightlifters, a positive correlation between tibial length and average velocity of the barbell in the Snatch is observed (ρ = 0.848, p < 0.001). Muscle mass percentage correlates positively with performance indicator in both techniques (ρ = 0.634, p = 0.027; ρ = 0.720, p = 0.008). Also, the relative length of the upper limb is negatively correlated with the performance indicator (ρ = −0.602, p = 0.038). Anthropometry and body composition may facilitate skill acquisition among this sport population, contributing to increase the limited body of scientific knowledge related to weightlifting.

scholarly journals A comprehensive KPI network for the performance measurement and management in global production networks

2021 ◽  
Author(s):  
B. Verhaelen ◽  
F. Mayer ◽  
S. Peukert ◽  
G. Lanza
Keyword(s):  
Performance Measurement ◽  
Corporate Strategy ◽  
Performance Indicator ◽  
Production Network ◽  
Manufacturing Companies ◽  
Production Networks ◽  
Global Production Networks ◽  
Performance Review ◽  
And Performance ◽  
Corporate Level

AbstractThe trend of globalization has led to a structural change in the sales and procurement markets of manufacturing companies in recent decades. In order not to be left behind by this change, companies have internationalized their production structures. Global production networks with diverse supply and service interdependencies are the result. However, the management of global production networks is highly complex. Key performance indicator (KPI) networks already exist at the corporate level and site level to support the management of complex systems. However, such KPI networks are not yet available to support the management of entire production networks. In this article, a KPI network for global production networks is presented, which links the key figures of the site level and the corporate level. By integrating both levels into a comprehensive KPI network, cause and effect relationship between the production-related KPIs and the strategic KPIs of a corporate strategy become transparent. To this end, this KPI network is integrated into a Performance Measurement and Management (PMM) methodology. This methodology consists of three phases: performance planning, performance improvement, and performance review. For testing the practical suitability, the PMM methodology is applied to the production network of an automotive supplier using a simulation model to estimate the effects of proposed improvement actions of the methodology.

NATURE-BASED SOLUTIONS FOR CLIMATE RESILIENT BUILDINGS AND CITIES

2020 ◽  
Author(s):  
Barbara Widera
Keyword(s):  
Urban Design ◽  
Well Being ◽  
Sustainable Growth ◽  
Environmental Benefits ◽  
Raw Material ◽  
End User ◽  
Material Consumption ◽  
Local Conditions ◽  
Sustainable Urbanization ◽  
And Performance

The paper addresses the topic of nature-based solutions applied in the architectural and urban design. These ideas are analyzed in the context of the opportunities they create for the humanity in terms of the sustainable growth and environmental protection. Nature-based solutions are inherently taken from nature. The first part of the paper presents their tremendous potential to be energy and resource-efficient, and resilient to change. In the second part of the research particular concepts driven from nature (copied form nature or inspired by nature) proposed for the buildings and cities are described and evaluated. The author discusses their functional usefulness, spatial appropriateness, adaptation to local conditions, end-user comfort, environmental benefits and the possibility of duplication. Nature-based solutions applied in urban planning can make cities more climate resilient and contribute to ecosystems restoration. The paper describes how sustainable urbanization can stimulate economic growth, make cities more attractive and enhance well-being of the inhabitants. It is also explained how particular buildings can benefit from the concepts driven from nature e.g. by increasing their energy efficiency and performance in terms of raw material consumption. In purpose to properly response to the climate challenge, humanity has to establish a new kind of partnership with nature. Using nature-based solutions should be considered as an important part of this approach. The concepts presented in this paper show some of the most promising options, such as integration of living systems with built systems and innovative combinations of soft and hard engineering. In conclusion some of the most promising nature-based solutions for climate resilient buildings and cities are indicated

The Education—Industry Interface in India

1999 ◽  
Vol 13 (5) ◽  
pp. 316-322
Author(s):  
M. M. Ansari
Keyword(s):  
Higher Education ◽  
Industrial Development ◽  
Educational Institutions ◽  
Business Organizations ◽  
Education Industry ◽  
Strategic Measures ◽  
Business Support ◽  
Educational Programmes ◽  
Education In India ◽  
And Performance

Industry and educational institutions are increasingly dependent on each other in terms of their productivity and performance. This paper reports and analyses the findings of a survey designed to ascertain the extent of industry's support for education in India and companies' attitudes towards the provision of that support. Although various forms of business support for education are identified and discussed, the author's overall assessment indicates that, in spite of the very substantial mutual benefits of cooperation, interaction between higher education institutions and companies remains at a low level in India – and this threatens educational and industrial development. In this context, he describes the major impediments to industrial support for and involvement in educational programmes and recommends a series of policy and strategic measures for government, HEIs, and business organizations which would address the constraints and disincentives identified.

scholarly journals New tools and opportunities in growth and climate friendly greening for small and medium enterprises in the European Union

2015 ◽  
Vol 9 (4) ◽  
pp. 25-31
Author(s):  
Xénia Szanyi-Gyenes ◽  
György Mudri ◽  
Mária Bakosné Böröcz
Keyword(s):  
Economic Growth ◽  
Environmental Sustainability ◽  
Small And Medium Enterprises ◽  
Sustainable Growth ◽  
Added Value ◽  
Easy Access ◽  
The European Union ◽  
Access To Finance ◽  
Medium Enterprises ◽  
The Eu

The role of Small and Medium Enterprises (SMEs) is unquestionable in the European economies, while financial opportunities are still inadequate for them. The more than 20 million SMEs play a significant role in European economic growth, innovation and job creation. According to the latest EC Annual Report , SMEs are accounting for 99% of all non-financial enterprises, employing 88.8 million people and generating almost EUR 3.7 tn in added value for our economy. Despite the fact that there is plenty of EU funding available for these SMEs, for certain reasons these funds hardly reach them. But we have to see that the EU supports SMEs by various way, e.g. by grants, regulatory changes, financial instrument, direct funds. On the other hand, SMEs and decision makers realised that the environmental sustainability has to be attached to the economic growth, therefore more and more tools are available for these enterprises. Over the last few years, public institutions, the market, the financial community and non-governmental associations have explicitly demanded that firms improve their environmental performance. One of the greatest opportunities might lay in the Climate- and Energy Strategy till 2030 as 20% of the EU budget is allocated to climate-related actions, however the easy access to finance is still a key question. Does the EU recognise the actual difficulties? Is there a systemic reason behind the absorption problems? Is the EU creating a more businessfriendly environment for SMEs, facilitating access to finance, stimulates the green and sustainable growth and improving access to new markets? The paper analyses the current European situation of the SMEs and the effectiveness of some new tools, which are specially targeting SMEs. JEL classification: Q18

scholarly journals Planning budgets and their impact on management function and performance measurement in banks: الموازنات التخطيطية وأثرها على وظيفة الإدارة وقياس الأداء في البنوك

2017 ◽  
Vol 1 (7) ◽  
Author(s):  
‏​‏​‏​​‏​‏​​‏​‏​‏​‏​‏​‏ Tayseer Ali Khalaf Al Momani
Keyword(s):  
Performance Measurement ◽  
Management Control ◽  
Administrative Efficiency ◽  
Strategic Plans ◽  
Management Function ◽  
And Performance ◽  
Management Functions ◽  
General Tool ◽  
Future Plans

- This research is conducted to identify the measurement of planning budgets and their impact on management function and performance measurement in banks, as well as their impact on various management functions, including long-term planning, with performance measurement. The study found that there is an effect on the use of planning budgets in Jordanian commercial banks by increasing the administrative efficiency and achieving the competitiveness of the bank. The planning budgets contribute to the interpretation of the budget of the bank. Strategic plans, optimal utilization of resources, increased profitability and long-term planning. Budgets reflected the future plans of the banks' general budgets and contributed to timely management decisions. There is also an impact on the process of performance measurement as the budget is a general tool for improving the efficiency of management. It also reflects the expectations of senior management and management control. The bank, which found a contribution in interpreting deviations, has a role in supervising the performance of employees.

scholarly journals OVERCOMING THE CONSEQUENCES OF UKRAINIAN MANUFACTURING DEINDUSTRIALIZATION IN THE CONTEXT OF EUROPEAN INTEGRATION

2021 ◽  
Author(s):  
Natalia Gakhovich ◽  
◽  
Oksana Kushnirenko ◽  
Liliia Venger ◽  
◽  
...  
Keyword(s):  
European Integration ◽  
Structural Transformation ◽  
Industrial Development ◽  
Manufacturing Industry ◽  
Structural Changes ◽  
Population Aging ◽  
Developed Countries ◽  
Industrial Sector ◽  
Added Value ◽  
Technological Leadership

In the paper, we investigate the main causes and consequences of de-industrialization manufacturing and identify important factors influencing the structural transformation of the industrial sector through the prism of global technological challenges. Important challenges identified include environmental challenges of the threatening impact of climate change, digitalization in all spheres of public life, the technological leadership of developed countries in context field of Industry 4.0, changes in the geopolitical landscape and trade conflicts between countries; migration and population aging; changes in competencies and retraining of employees to acquire digital skills; cybersecurity and volatility threats; quarantine amid the COVID-19 pandemic. The current structural imbalances of Ukrainian industrial development are considered and the current state and dynamics of structural changes in the Ukrainian economy in technological, reproduction, sectoral and foreign economic dimensions are analyzed. Crisis trends in the Ukrainian industry developed long before the start of the COVID-19 pandemic: comparing the structure of Ukrainian industry by type of economic activity, a decrease in the share of the manufacturing industry, a loss of production potential for a number of high-tech industries (automotive industry, instrument making, shipbuilding) and a decrease in added value in manufacturing industry with Ukraine's establishment as an independent state in which profound political, social and economic reforms have begun to take place. The analysis made it possible to determine further opportunities for industrial development, taking into account harmonization with European trends in digital and green transformations in industry. Based on the research results, complex directions for solving structural imbalances in industry at interrelated levels are proposed: state, regional and local levels. Overcoming the consequences of Ukrainian manufacturing deindustrialization in the context of European integration is dependent on developing and implementing relevant policy of manufacturing modernization and principles of the "circular economy"; integration into strategic value chains; creating conditions for training personnel with digital competencies; development of an innovative infrastructure – scientific, industrial, technological parks, innovation clusters and business-incubators. This will lead to the development and introduction of domestic innovation in production, which in turn should inspire further progress in the innovation structural transformation in Ukrainian economy and help to enhance national competitiveness and achieve sustained economic growth.

scholarly journals Implementation of the Balanced Score Card to Achieve Strategic Goals in the State Islamic Religious Colleges

2019 ◽  
Vol 7 (2) ◽  
pp. 281-301
Author(s):  
Yusuf Hadijaya ◽  
Inom Nasution ◽  
Suhairi Suhairi
Keyword(s):  
Higher Education ◽  
Performance Management ◽  
Balanced Scorecard ◽  
Performance Indicator ◽  
Management Approach ◽  
Balanced Score Card ◽  
Score Card ◽  
Religious Colleges ◽  
And Performance ◽  
The Balanced Score Card

Performance Management in State Islamic Religious Colleges (PTKIN) Indonesia are still often ignoring the identification of stakeholders and the primary performance indicator of management measurement goal. The Balanced Score Card (BSC) as a management approach translates the direction of Higher Education developing into an action based on the initiatives identity number and management measurement goal systems. In the context aims to determine the implementation of the Balanced Score Card at PTKIN with four perspectives which are connected as part of the chain driving to achieve the strategic point of Higher Education and performance of higher education results model. This research is qualitative research with the technique of data collection on observation, in-depth interviews, and documentation. The results paper shows that the Balanced Score Card is the performance integrating on management system at UIN Jakarta, UIN Yogyakarta, and UIN North Sumatera through the making of Score Cards with the processing of strategy maps to achieve its strategic point of higher education objectives. The Map Strategy is preparing as a companion model for its BSC implementation management goal of Higher Education. Keywords: Balanced Scorecard, Strategic Objectives, Initiatives, and Performance Indicators Abstrak Manajemen Kinerja di banyak Perguruan Tinggi Keagamaan Islam Negeri (PTKIN) di Indonesia masih sering mengabaikan identifikasi stakeholders dan sistem pengukuran indikator kinerja utama. Balanced Score Card (BSC) sebagai sebuah pendekatan manajemen menerjemahkan arah pengembangan Perguruan Tinggi pada aksi yang dilandasi oleh identifikasi inisiatif dan sistem pengukuran. Dalam konteks ini, penelitian ini bertujuan untuk mengetahui implementasi Balanced Score Card di PTKIN dalam empat perspektif yang dihubungkan sebagai bagian dari rantai pendorong untuk mencapai tujuan-tujuan strategis dan hasil capaian kinerja. Penelitian ini merupakan penelitian kualitatif dengan teknik pengumpulan berupa observasi, wawancara, dan dokumentasi. Hasil penelitian menunjukkan bahwa BSC diintegrasikan dalam sistem manajemen kinerja di UIN Jakarta, UIN Yogyakarta, dan UIN Sumatera Utara melalui pembuatan score cards dan/atau peta strategi dalam mencapai tujuan-tujuan strategis. Kata Kunci: Balanced Score Card, Tujuan Strategies, Inisiatif, dan Indikator Kinerja

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