scholarly journals Kaizen implementation and its challenges in small and medium manufacturing firms: A case of Woliso Town, Ethiopia

2021 ◽  
Vol 9 (2) ◽  
pp. 199-208
Author(s):  
Solomon Terfasa Dinka
Keyword(s):  
Quantitative Research ◽  
Resistance To Change ◽  
School Curriculum ◽  
Manufacturing Firms ◽  
Primary Data ◽  
Modern World ◽  
Research Approach ◽  
Continuous Training ◽  
Industrial Transformation ◽  
Scarcity Of Resources

In the modern world, industrial transformation receives great attention. As a result, many companies are becoming successful by implementing Kaizen as a change agent. Nevertheless, there were few pathways of continuous improvements, mainly because of abandonment of Kaizen philosophy, organizational resistance to change, lack of proper implementation and monitoring techniques, lack of employees’ motivation, and scarcity of resources. The study aimed to examine Kaizen implementation and its challenges in small and medium manufacturing firms of Woliso town. The study employed descriptive research adopting a quantitative research approach—the researcher used 55 small and medium manufacturing firms of Woliso town. In addition, the study employed primary data collected through open-ended and close-ended questionnaires. The study found that most sampled firms lack awareness about Kaizen because of a lack of training opportunities. Similarly, Kaizen philosophy is considered exhaustive and routine the attitude of owners, managers, and employees in Kaizen implementation is very weak. Finally, the study recommended that it is important to provide continuous training programs for employees and managers of small and medium manufacturing firms. Most importantly, to extend Kaizen's philosophy, it is essential to incorporate it into the school curriculum.

scholarly journals ANALYSIS OF FINANCIAL PERFORMANCE BEFORE AND AFTER STREAMLINING THE MANAGEMENT STRUCTURE OF THE STIE MUJAHIDIN TOLITOLI

2019 ◽  
Vol 1 (2) ◽  
pp. 8-16
Author(s):  
Andhy Saputra ◽  
Ijma Ijma
Keyword(s):  
Financial Performance ◽  
Quantitative Research ◽  
Good Governance ◽  
Primary Data ◽  
Research Approach ◽  
Tertiary Institution ◽  
Tertiary Institutions ◽  
Before And After ◽  
And Control ◽  
Profitability Ratios

Good governance of private tertiary institutions is a series of mechanisms to direct and control a tertiary institution so that it runs in accordance with the expectations of all interested parties, by applying the principles of transparency, accountability, responsibility, fairness, independence, equality and fairness. This study aims to determine and analyze the financial performance of STIE Mujahidin Tolitoli in terms of liquidity ratios, solvency ratios, activity ratios and profitability ratios. The study uses a quantitative research approach design by analyzing primary data. Based on the results of research and discussion it can be concluded that the financial performance condition of STIE Mujahidin Tolitoli in terms of Liquidity, Solvency, Activity and Profitability aspects after streamlining the manager structure has increased in value which can be interpreted that the financial performance after streamlining the manager structure is better than before because the value continues to increase and is above the industry average standard.

scholarly journals PENGARUH SISTEM KEUANGAN DESA TERHADAP KINERJA PEMERINTAH DESA DENGAN GOOD GOVERNANCE SEBAGAI VARIABEL INTERVENING DI KABUPATEN KULON PROGO (Studi Kasus di Kecamatan Panjatan)

2020 ◽  
Vol 4 (2) ◽  
pp. 77-94
Author(s):  
Wihastinelahi Wihastinelahi ◽  
Teguh Erawati
Keyword(s):  
Quantitative Research ◽  
Good Governance ◽  
Financial System ◽  
Primary Data ◽  
Research Approach ◽  
The Village

This research was conducted to find out the role of village financial system (Siskeudes) on the performance of village administration with good governance as an intervening variable in Kulon Progo Regency. This research employed quantitative research approach. The data used were primary data. The informants used were village Kaur  and Kasi, the village secretaries, the village financial system operators (Siskeudes). The result showed that: (1) village financial system (Siskeudes) influences on the good governance; (2) good governance influences on the performance of the village administration; (3) village financial system (Siskeudes) no effect to performance of village administration; (4) village financial system (Siskeudes) on the performance of village administration with good governance an an intervening variable.

scholarly journals AN ANALYSIS OF PERSONAL FINANCIAL LITERACY AMONG ADULTS IN VHEMBE DISTRICT, A RURAL MUNICIPALITY IN SOUTH AFRICA

2021 ◽  
Vol 9 (1) ◽  
pp. 55-66
Author(s):  
Adam Ndou ◽  
◽  
Sam Ngwenya ◽  
Keyword(s):  
South Africa ◽  
Low Income ◽  
Financial Literacy ◽  
Financial Services ◽  
Financial Management ◽  
Quantitative Research ◽  
Well Being ◽  
Primary Data ◽  
Research Approach ◽  
Vhembe District

Consumers in rural and low-income areas are the most financially vulnerable and are facing challenges with their finances and depend mostly on unsecured loans to finance their daily expenses. This has been exacerbated by global financial crises, which left many consumers in financial strains. The purpose of this paper is to measure the level of financial literacy focusing on the areas of day-to-day money management, financial planning, choosing appropriate financial services and products, and financial knowledge and understanding. The quantitative research approach was used to collect primary data among adults in Vhembe District Municipality (VDM), a rural and low-income municipality in South Africa. Primary data were analyzed through descriptive statistics. The results indicate that the level of financial literacy among adults in VDM is low at 38.73%. The low levels of financial literacy have serious consequences for an adult’s personal financial management skills and lead to their inability to make correct financial decisions. It is apparent that an individual’s level of financial literacy has become important in how individuals manage their finances in today’s complicated financial world. The paper concludes by suggesting interventions that could help adults to improve their level of financial literacy, manage and sustain their financial well-being.

scholarly journals Public outlook on small and medium enterprises as a strategic tool for economic growth and job creation in South Africa

2015 ◽  
Vol 4 (4) ◽  
pp. 412-418 ◽  
Author(s):  
Lawrence Mpele Lekhanya
Keyword(s):  
Economic Growth ◽  
South Africa ◽  
Quantitative Research ◽  
Small And Medium Enterprises ◽  
Job Creation ◽  
Primary Data ◽  
Research Approach ◽  
Survival And Growth ◽  
Analyse Data ◽  
Medium Enterprises

In spite of the key role played by the Small and Medium enterprises in economic development, there has been little effort to look at what needs to be done to improve survival and growth of SMEs. There is still a general lack of in-depth understanding from policy makers and other relevant stakeholders of how SMEs can be used as a strategic tool for economic growth and job creation in South Africa. These misperceptions and misunderstand leads to continuous failure to SMEs survival and growth. This study seeks to address this research gap. The study investigates the public views on what needs to be done to grow South African economy through the development of SMEs. Quantitative research approach was used to collect and analyse data for the study. Primary data was collected from four (4) provinces of South Africa. 230 people participated in the study. Questionnaires were emailed to each respondent and follow-ups were made via telephone. It was found that many SMEs fail within five years of their existence due to the various reasons. The most critical of these were related to lack of access to finance, lack of management experience as well as human capital. Study further revealed that most the SMEs owners/managers do not have business management related skills but rather they are just ordinary entrepreneurs.

scholarly journals The Moderating Effect of Risk Culture in Relationship between Leadership and Enterprise Risk Management Implementation in Malaysia

2018 ◽  
Vol 9 (1) ◽  
pp. 244
Author(s):  
Mohamad Hisyam Selamat ◽  
Othman Ibrahim
Keyword(s):  
Risk Management ◽  
Quantitative Research ◽  
Listed Companies ◽  
Moderating Effect ◽  
Senior Management ◽  
Primary Data ◽  
Research Approach ◽  
Management Commitment ◽  
Risk Culture ◽  
The Relationship

The present study is designed to examine the relationship between leadership (board of directors, senior management commitment and chief risk officer) and ERM implementation amongst Malaysian public listed companies (PLC). It is also examining the moderating effect of risk culture on the relationship between leadership and ERM implementation amongst Malaysian PLC. This research adopted quantitative research approach to analyze the data obtained from the questionnaire distributed to the PLC via their Risk Management Division. From the 814 listed companies, according to Bursa Malaysia main board directory, 300 were taken as a sample. The primary data collection commenced after the pilot test was completed and the data was analyzed using SPSS Version v.18. From the analysis it is found that senior management commitment and chief risk officer have a significant and positive relationship with the ERM implementation. The hierarchical multiple regressions indicated that risk culture played the moderating role in the relationship between senior management commitment, chief risk officer and ERM implementation. This study provides significant theoretical and practical contributions for the industry, practitioners, researchers and academician, besides providing a framework for ERM implementation in the listed companies in Malaysia. The results of this study could serve as a guide to develop a strategy for audit actions in the assessment of ERM practices to further improve the level of ERM implementation by the intended shareholders as a whole.

scholarly journals The Influence of Green Procurement Practice on Organisational Performance. Ghana Water Company Ltd. and Bayport Savings and Loans Plc as Point of Convergence

2020 ◽  
pp. 43-63
Author(s):  
Augustine Anane
Keyword(s):  
Organizational Performance ◽  
Quantitative Research ◽  
Primary Data ◽  
Research Approach ◽  
Management Support ◽  
Savings And Loans ◽  
Green Procurement ◽  
The Cost ◽  
The Relationship ◽  
Supplier Collaboration

This study was a comparative analysis of Ghana Water Co. Ltd. and Bayport Savings and Loans Plc with respect to Green Procurement practice and organizational performance by assessing the moderating role of supplier collaboration. This study employed a quantitative research approach; a structured questionnaire was used to solicit primary data from 160 staffs of both Ghana Water Co. Ltd and Bayport Savings and Loans Plc. SPSS was used to analyze the data. From the perspective of both Ghana Water Co. Ltd. and Bayport Savings and Loans, the study found that green procurement was a significant determinant of organizational performance. Moreover, from the perspective of both Ghana Water Co. Ltd. and Bayport Savings and Loans, the study again revealed that supplier collaboration has a significant effect on organizational performance. From the perspective of Ghana Water Co. Ltd., the study again revealed that supplier collaborations significantly moderate the relationship between green procurement and organizational performance. On the other hand, from the perspective of Bayport, the study found that those supplier collaborations significantly moderate the relationship between green procurement and organizational performance. The study found both Ghana Water Co. Ltd. and Bayport Savings and Loans Plc indicated that challenges in practicing green procurement spanned from lack of top management support, lack of cooperation from the staff, weak knowledge on green procurement to the cost of fully implementing green procurement. In conclusion, the study found no clear distinctiveness between green procurement practices in both Ghana Water Co. Ltd. and Bayport Savings and Loans Plc in terms of performance, supplier collaboration and challenges. The study recommends the need for green procurement implementation among corporate entities in order to increase performance.

scholarly journals Safety And Health Implementation Study Work (K3) In Coal Mining Companies (Case Study: PT. XYZ)

2019 ◽  
Vol 3 (3) ◽  
pp. 75-79
Author(s):  
Arafik Arafik ◽  
Restu Juniah ◽  
Mohammad Zulkarnain
Keyword(s):  
Coal Mining ◽  
Quantitative Research ◽  
Occupational Safety ◽  
Secondary Data ◽  
Analysis Data ◽  
Occupational Safety And Health ◽  
Primary Data ◽  
Research Approach ◽  
Mining Company ◽  
Safety And Health

This study aims to analyze the implementation of occupational safety and health (K3) in the coal mining company PT XYZ, Analyze and identify the factors that influence the implementation of occupational safety and health (K3) in the mining company PT XYZ. This research is a descriptive qualitative and quantitative research approach. Primary data obtained from respondents are used as a means to obtain information or data carried out by field surveys through direct observation and interviews with respondents in the company and secondary data obtained from PT XYZ collected and compiled according to the problem of this study which was conducted in literature studies. Data were analyzed through text analysis, data interpretation. Data were analyzed using the SPSS (factor analysis) program to analyze the factors that influence the implementation of occupational safety and health in the coal mining company PT XYZ.

scholarly journals Implementation of PP NOMOR 23 TAHUN 2018 on the Tax Cmplianc of Micro, Small and Medium Enterprises (UMKM) in Semarang City

2020 ◽  
Author(s):  
Atta Putra Harjanto ◽  
Subowo . ◽  
Kiswanto . ◽  
Hayat Widodo ◽  
Nani Fitriani
Keyword(s):  
Multiple Regression ◽  
Quantitative Research ◽  
Government Regulation ◽  
Small And Medium Enterprises ◽  
Tax Compliance ◽  
Primary Data ◽  
Research Approach ◽  
Training Institutions ◽  
Medium Enterprises ◽  
And Training

This research aims to examine the influence of the application of government regulation (PP) number23 of 2018 on tax compliance for Micro, Small and Medium Enterprises (UMKM) in Semarang city. Implementation of PP No.23 of 2018 is proxied by the variables of taxation knowledge and taxation sanctions. This is a quantitative research using primary data. The data are collected using questionnaire and analyzed using multiple regression. The data are processed using SPSS to analyze the data, and the research samples are selected using the questionnaire. The population of this research is the Micro, Small, and Medium Enterprises in Semarang, especially the Courses and Training institutions. There are 208 valid and reliable samples for further analysis. The results show that the application of PP No.23 of 2018 in Semarang affects the tax compliance of UMKM. This shows that the understanding of new regulations and sanctions positively influences the tax compliance among the UMKM. Due to the chosen research approach, the results are specific and may be less generalizable. Therefore, further researchers are encouraged to test the hypotheses submitted to other objects. This research includes implications for the tax regulators in implementing new regulations that are able to significantly influence the UMKM in the future. Keywords: Tax Knowledge, Tax Sanctions, Tax Compliance, PP Nomor 23/2018, UMKM

scholarly journals An Analysis of Budget Planning in Public Hospitals in Limpopo Province: South Africa

2021 ◽  
Vol 9 (2) ◽  
Author(s):  
Nkhumeleni Mathobo ◽  
Mashupye Maserumule ◽  
Kabelo Moeti
Keyword(s):  
South Africa ◽  
Quantitative Research ◽  
Planning Process ◽  
Cost Effective ◽  
Limpopo Province ◽  
Public Hospitals ◽  
Primary Data ◽  
Research Approach ◽  
Budget Management ◽  
Budget Planning

Budget planning is a challenge regarding the delivery of cost-effective health services in public hospitals. Budget planning is part of broader planning process in the organisations. The purpose of this article is to analyse budget planning in public hospitals in the Limpopo Province of South Africa. The research approach used for the study is quantitative research design. The sample size of 20 public hospitals was drawn from the population of 40 public hospitals. A survey questionnaire was used as the primary data-gathering instrument. The findings of the research show that budget planning is a management challenge for non-finance managers in public hospitals. The result for this is ineffective budget management in public hospitals. The study recommended that non-finance managers be capacitated on the alignment of budget with a strategy to improve budget management in public hospitals.

scholarly journals Compensation Practice and Job Satisfaction in Selected Consumer Goods in Lagos state Nigeria

2019 ◽  
Author(s):  
Egbuta, Olive U. Ph.D.
Keyword(s):  
Job Satisfaction ◽  
Survey Research ◽  
Consumer Goods ◽  
Quantitative Research ◽  
Work Organization ◽  
Primary Data ◽  
Research Approach ◽  
Lagos State ◽  
Efficiency And Effectiveness ◽  
Compensation Packages

Job satisfaction in work organization influences the general efficiency and effectiveness of the whole employees. This is usually the results of the compensation practices that predominate in a firm. This paper examined the Compensation practices and how it affects the job satisfaction of employees of selected consumer goods firms in Lagos State, Nigeria. The paper adopted the survey research design through quantitative research approach. Primary data was used through administration of 300 copies of questionnaires to employees in the selected consumer goods firms. Findings reveal that Compensation practice has a positive and significant effect on Job satisfaction (R = 0.296, Adj. R2 =0.071, p < 0.05, F =11.497). It was found that compensation practice significantly affects job satisfaction of employees of selected consumer goods firms in Nigeria. The paper suggests that managers should always think about what compensation packages really motivate and excite their employees.

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