scholarly journals Concept of Corporate Culture in the Context of Age Diversity

2019 ◽  
Vol 27 (s1) ◽  
pp. 49-57
Author(s):  
Miroslava Mĺkva ◽  
Jaromíra Vaňová ◽  
Peter Szabó ◽  
Anikó Danyi-Boll
Keyword(s):  
Competitive Advantage ◽  
Corporate Culture ◽  
Positive Interaction ◽  
Industrial Enterprises ◽  
Sustainable Performance ◽  
Age Diversity ◽  
Generational Groups ◽  
The Impact ◽  
Strategic Goal

Abstract The strategic goal of businesses is to secure a long-term competitive advantage, to differentiate themselves from other businesses and to succeed in the market. Corporate culture is what distinguishes an organization from others and cannot be easily imitated. Culture issues, the need for interaction and understanding are becoming an important part of business behaviour between employees and individual groups. In the paper we present a part of the results of the research carried out within the frame of VEGA project No. 1/0348/17 „The impact of the coexistence of different generations of employees on the sustainable performance of organisations”. The aim of the project was to explore the potential of positive interaction between individual generations of employees and its use to achieve sustainable performance of organizations in the conditions of multigenerational communities. We focus on corporate culture and selected factors that influence its manifestations and formation. In the research we also found out how important the selected factors are and how individual generational groups of employees in industrial enterprises in Slovakia perceive them. The results of the research confirmed the differences in employee expectations and their fulfilment.

Evaluating the impact of human resource planning programs in addressing the strategic goal of the firm

2019 ◽  
Vol 16 (5) ◽  
pp. 659-682 ◽  
Author(s):  
Debarun Chakraborty ◽  
Wendrila Biswas
Keyword(s):  
Factor Analysis ◽  
Competitive Advantage ◽  
Human Resource ◽  
Resource Planning ◽  
Equation Modeling ◽  
Content Type ◽  
Analysis And Design ◽  
Succession Plan ◽  
The Impact ◽  
Strategic Goal

Purpose Today, the employees stand firm as an integral part of the organization and are a precious asset. They are willing to learn, accept challenges and strive hard to deliver their level best. The role of the employees has become pronounced and significant, and it is no more conventional. They are now taking up responsibilities in strategic planning and development of the organization. Thus, HR department plays a profuse role in planning for the human resource of the firm to optimize the utilization of their potentials that would help support and meet the business as well as strategic goal of the firm. These HR planning programs ensure managing people within a planned framework and make them develop their performance that becomes a source of sustained competitive advantage for the firm. The paper aims to discuss these issues. Design/methodology/approach A descriptive research has been conducted with cross-sectional survey through a formalized questionnaire. Multistage sampling has been used in the study. Primary data have been collected from different manufacturing industries of India. Exploratory factor analysis and confirmatory factor analysis have been conducted on the hypothesized research model. Structural equation modeling has been done to specify the relation between the measured and latent variables. Findings The HR planning programs, namely, staffing plan and succession plan, yield a better result in addressing the strategic goal of the company. Succession plan, staffing plan and talent management strategies augment the efficacious performance of the firm. Effectual performance aids in gaining a competitive advantage for the firm in a substantial way. Job analysis and design have no impact in achieving the strategic intent of the organization. Originality/value The study gives a comprehensive scenario of the HR planning programs that can help the organization to meet and uphold their strategic goals. The study provides a model that can solidify and bind the organization toward securing organizational intent and leading a steadfast business process in this dynamic competitive marketplace.

scholarly journals DECLARATION OF CORPORATE VALUES BY MANAGERS AS A TOOL FOR ORGANISATIONAL PERFORMANCE MANAGEMENT

2012 ◽  
Vol 3 (1) ◽  
pp. 120-125
Author(s):  
Jaromíra Vaňová ◽  
Zdenka Gyurák Babeľová
Keyword(s):  
Performance Management ◽  
Corporate Culture ◽  
Cultural Norms ◽  
Company Performance ◽  
Corporate Values ◽  
Industrial Enterprises ◽  
Multicultural Environment ◽  
Sustainable Performance ◽  
And Performance ◽  
Performance Satisfaction

Care of corporate culture formation is a prerequisite for corporate values promotion. Cultural norms and system of values provide an orientation to company members during managing and reviewing their behaviour and decision-making with regard to business objectives. If managers will accept corporate culture and values, and exemplary declare adopted values, it will influence satisfaction and performance of employees and also company performance. The contribution is a part of research project VEGA 1/0787/12 “The identification of sustainable performance key parameters in industrial enterprises within multicultural environment”. It is based on research realized in conditions of business practice in Slovakia. Article focuses on how are set, reviewed and promoted corporate goals and values in companies in Slovakia. There are presented introductory information related to company and employees’ performance and their relation to the corporate culture. The research was focused on reviewing how managers, through they acting in compliance with company mission and vision influence attitudes of employees. The contribution discusses the effect, which company can have from such a declaration of corporate values by managers in company. Therefore, in the article are presented, not only outcomes of this research, but also experience and recommendations of authors. Key words: corporate culture, employees, performance, satisfaction.

Antecedents of strategic thinking and its impact on competitive advantage

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Shubham Dixit ◽  
Shiwangi Singh ◽  
Sanjay Dhir ◽  
Swati Dhir
Keyword(s):  
Knowledge Management ◽  
Competitive Advantage ◽  
Direct Effect ◽  
Corporate Culture ◽  
Structural Equation ◽  
Strategic Thinking ◽  
Mediating Effect ◽  
Content Type ◽  
Modelling Methodology ◽  
The Impact

Purpose This study aims to identify the antecedents of strategic thinking and its relationship with competitive advantage. Further, this study analyses the mediating effect of strategic thinking between its antecedents and competitive advantage. Design/methodology/approach A self-reported questionnaire with 51 questions was floated among 220 professionals from various industries in India. The response was analysed using the partial least squares-structural equation modelling methodology using SmartPLS software. Findings The direct effect of creativity, corporate culture and knowledge management are established with strategic thinking, as well as a competitive advantage. Also, the study finds a significant relationship between strategic thinking and competitive advantage. The study finds no mediation (direct effect) in the case of creativity, corporate culture and knowledge management. Further, no mediation (no relationship) is found in the case of vision. Practical implications Business must start adopting strategic thinking practices in their decision-making process to create a competitive advantage. Further, the influence of corporate culture, creativity and knowledge management on strategic thinking highlights their importance. Originality/value The study establishes the impact of antecedents of strategic thinking on competitive advantage. The study highlights the importance of other factors along with strategic thinking for achieving competitive advantage.

scholarly journals How Millennials Affect Corporate Culture

2019 ◽  
Vol 27 (s1) ◽  
pp. 76-83
Author(s):  
Petra Urbanovičová ◽  
Justína Mikulášková ◽  
Miloš Čambál ◽  
Milan Edl
Keyword(s):  
Corporate Culture ◽  
Materials Science ◽  
Science And Technology ◽  
Age Composition ◽  
Research Results ◽  
Sustainable Performance ◽  
Generation Z ◽  
The Impact

Abstract Corporate culture is made by the company´s employees. However, their age composition is different and is members of different generations that interact. Every generation brings with it something new, not only positive but also negative. Therefore, each generation should work together to eliminate the negative aspects and highlight the benefits of each generation and exploit them to their advantage. Each of the generations influences the corporate culture in different ways. The aim of the paper is to point out the results of research, which was realized at Faculty of Materials Science and Technology in Trnava and focused on individual generations of employees. We draw attention especially to the Generation Z, its impact on corporate culture and the new “wind” that it brings. This paper was written on the basis of research results of VEGA project No.1/0348/17 “The impact of the coexistence of different generations of employees on the sustainable performance of organisations”.

scholarly journals The Influence of Knowledge Sharing on Sustainable Performance: A Moderated Mediation Study

2020 ◽  
Vol 12 (3) ◽  
pp. 908 ◽  
Author(s):  
Munshi Muhammad Abdul Kader Jilani ◽  
Luo Fan ◽  
Mohammad Tazul Islam ◽  
Md. Aftab Uddin
Keyword(s):  
Knowledge Sharing ◽  
Structural Equation ◽  
Moderated Mediation ◽  
Capital City ◽  
Equation Modeling ◽  
Outcome Variable ◽  
Sustainable Performance ◽  
Knowledge Hiding ◽  
The Impact

The past few decades showed inadequate discussion of the impact of employees’ knowledge sharing and its diffusion on advancing banks’ long-term sustainability. The objective of the study is to examine the role of employees’ knowledge sharing on the sustainable performance of the banks operating in Bangladesh. Furthermore, this study tested the “moderated mediation model” of knowledge hiding and employees’ ambidexterity on the association above. The researchers applied the deductive reasoning method through the application of quantitative techniques, using structural equation modeling. Finally, 287 respondents from different banks were chosen through a self-administered questionnaire survey in the capital city of Dhaka. The findings indicated that all the predictor variables significantly explain the outcome variable, except the influence of knowledge sharing. Mediation analysis showed that employees’ ambidexterity mediated the association between knowledge sharing and sustainable performance. Surprisingly, moderation analysis revealed that the influence of knowledge sharing on employees’ ambidexterity is not affected by knowledge hiding. This study adds to the existing literature by demonstrating the importance of knowledge hiding, along with explaining how knowledge sharing can motivate and influence employees to achieve sustainable performances. In addition, the main contribution of this study is to advance knowledge and add values in the forms of knowledge creation, preservation, and dissemination among practitioners, banking professionals, and academics for utilizing their domain-specific areas to increase long-term sustainability.

scholarly journals Performance Improvements for Romanian SMEs and Their Predictors

2021 ◽  
Vol 13 (15) ◽  
pp. 8202
Author(s):  
Sorin-Romulus Berinde ◽  
Laura-Maria Herța
Keyword(s):  
Corporate Governance ◽  
Local Development ◽  
Time Lag ◽  
Small Degree ◽  
Local Context ◽  
Performance Improvements ◽  
Sustainable Performance ◽  
High Flexibility ◽  
The Impact

The corporate governance of Romanian SMEs states that these companies have been less and less able to generate performance over the last few years. An average number of 1.273 SMEs per year have been included in the study, coming from all the eight local development regions of Romania. The data covers a period of 14 financial years, between 2005 and 2018. The findings showed, after statistical computations using regression models, that the performance of Romanian SMEs depended on the level of external managerial consultancy that corporate governance received from specialized companies and on the increasing level of wages. Given the high flexibility potential of SMEs, these choices are seen as tailored actions and strategies to compete successfully and support sustainable performance in the local context where its trend is downward. Moreover, the act of achieving performance at present is upheld by the performance attained in previous financial years. The impact of these factors could be established as a matter of priority in a long-term approach, for a time lag of up to 3 years. Moreover, the performance of companies covering all the local development regions is influenced only to a small degree by taxation levels, by the frequency of tax supervision performed by government institutions, by the capacity of corporate governance to be up to date with legislative change or by the self-financing of the activity conducted by the companies.

scholarly journals Long-Term Discounting Frameworks: Insights from Multiple Experiments

2020 ◽  
pp. 84-100
Author(s):  
H. R. Ganesh ◽  
P. S. Aithal ◽  
P. Kirubadevi
Keyword(s):  
Competitive Advantage ◽  
Online Retailing ◽  
Sales Promotions ◽  
Online Retailers ◽  
Brick And Mortar ◽  
Consumer Perspective ◽  
Key Drivers ◽  
Online Stores ◽  
The Impact

Ever since the online retailing format has emerged in India, consumers now have wider options available for them to buy a product at a discounted price and notably, as online stores in India are following the product discounting as one of the key drivers for consumer acquisition, consumers’ perspective towards discount at brick-and-mortar store has changed.This change in consumers’ perspective has put the majority of brick-and-mortar retailers in India into a quandary and they are losing out their market share slowly to online retailers. In this research which is based on recommendations of empirical research previously carried out on the impact of changes in retailer and consumer perspective towards discount post emergence of online stores in India, we have carried out multiple experiments on multiple long-term discounting frameworks to investigate and recommend brick-and-mortar retailers on ideal(a) frameworks, (b) duration, (c) types, (d) assortment coverage, and (e) advertising techniques for long-term discounting strategies to enable brick-and-mortar retailers to design appropriate sales promotions to gain a competitive advantage over online retailing on the discount component.

scholarly journals Model Recommended Values of Corporate Culture for Industrial Companies in Slovak Republic

2017 ◽  
Vol 25 (41) ◽  
pp. 43-50
Author(s):  
Petra Urbanovičová ◽  
Justína Mikulášková ◽  
Miloš Čambál
Keyword(s):  
Corporate Culture ◽  
Business Performance ◽  
Slovak Republic ◽  
Corporate Values ◽  
Industrial Companies ◽  
Sustainable Performance ◽  
Characteristic Features ◽  
Level Of Significance ◽  
Value Model ◽  
The Impact

Abstract The main objective of the paper is to describe the recommended values model of corporate culture and supporting business performance for industrial companies operating in the Slovak Republic. This model was developed on the basis of research results within the STU Project to support young researchers entitled “Changing the potential of the company´s success using the principles of spiral management and its impact on corporate culture”. The current paper is a part of submitted VEGA project No.1/0348/17 “The impact of the coexistence of different generations of employees on the sustainable performance of organisations”. This model will be the basis for defining corporate values and developing or changing corporate culture for the companies operating on or coming (from abroad) to the Slovak market. The characteristic features of the value model are simplicity, complexity and applicability. This model takes into account the current situation on the Slovak market. The values of this model have a different level of significance given and each value is defined by the specified principles.

Vessel traffic affects bottlenose dolphin (Tursiops truncatus) behaviour in waters surrounding Lampedusa Island, south Italy

2011 ◽  
Vol 92 (8) ◽  
pp. 1877-1885 ◽  
Author(s):  
Elena Papale ◽  
Marta Azzolin ◽  
Cristina Giacoma
Keyword(s):  
Bottlenose Dolphin ◽  
Weather Conditions ◽  
Positive Interaction ◽  
Life Project ◽  
South Italy ◽  
Horizon Scanning ◽  
Long Term Effect ◽  
Boat Traffic ◽  
The Impact

Since 2003, as part of the LIFE project ‘Del.Ta.’ (NAT/IT/000163) a bottlenose dolphin community has been studied in order to assess the impact of increasing boat traffic in the Pelagie Archipelago (Sicily, Italy). During the summer of 2006 and 2008, land-based surveys were carried out at Lampedusa, one of the Archipelago's Islands, at set hours from 6 locations (7 in 2008) in standard weather conditions. Continuous horizon scanning and focal group sampling methods were used to study dolphin presence and behaviour. Dolphin–boat interactions were recorded for each sighting. A total of approximately 559 hours were spent monitoring and 83 sightings were recorded. With regard to the different types of vessels, interaction with sailing boats was always neutral, whereas fast boats caused the interruption of all activities and avoidance behaviour. Positive interaction occasionally occurred with bottom trawling fishing boats. Interactions recorded when fishing and powered engine boats approached within 200 m predominantly resulted in a negative reaction from the dolphins (approximately 70%) and dolphin behaviour was affected in terms of occurrence and patterns. Behavioural analysis showed that the animals reduced the frequency of behaviours related to feeding, social and relaxing activities. The dolphins also increased information-gathering behaviour such as spyhopping. The use of Markovian chain models revealed evidence of disruptions in sub-sequences made up of behaviours often associated with feeding. After boat departures, the animals rarely restarted their previous activity and persistence of this effect could have long-term consequences as a result of non-habituation. Sighting duration also decreased in the presence of vessels. The possible negative long-term effect of the presence of boats may be indicated by the lower mean sighting duration in 2008, when the highest presence of powered engine boats was recorded. In view of the scenario outlined above, local authorities need to enforce the requirement of maintaining a distance of over 200 m away from the animals for all types of boat and also promote regular land-based surveys of vessel impacts for tourist boats and dolphin watching cruises.

scholarly journals The Impact of Corporate Culture on the Performance of Industrial Enterprises

2019 ◽  
Vol 23 (1) ◽  
pp. 6-12
Author(s):  
Petra Urbanovičová ◽  
Miloš Čambál ◽  
Zdenka Guyrák Babeľová
Keyword(s):  
Corporate Culture ◽  
Industrial Enterprises ◽  
The Impact
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