scholarly journals Environmental Capabilities Indicators are Prominent for Organizational Competitiveness and Performance. An Empirical Study of Malaysian Manufacturing Industry

2018 ◽  
pp. 553-562
Keyword(s):  
Manufacturing Industry ◽  
Study Finding ◽  
Environmental Responsibility ◽  
Organization Performance ◽  
Manufacturing Companies ◽  
Sustainable Practices ◽  
Sustainable Performance ◽  
The World ◽  
Regulatory Bodies ◽  
And Performance

It is no doubt, an awareness of environmental responsibility is currently taking place. Locally, Bursa Malaysia has unveiled Environmental, Social and Governance (ESG) Index in 2014 for public listed companies (Berhad)aiming to boost sustainability practices. Internationally, two of the world largest companies; Apple Incorporation – the most valuable companies in the world and Wal-Mart Incorporation – the world largest company in term of revenue are actively engaging with sustainable practices (Deloitte CFO Insights, 2009). As such, a company’s superb performance is no longer constrained on economic expects but has extended to environmental and social matters which named as sustainable performance. Yet, the practice of sustainability in developing nations such as Malaysia is relatively extreme low especially manufacturing companies in Malaysia. Essentially theExcel of Malaysian manufacturing depends on the scrutinization from developed counterparts in term environmental compliance. Aiming to encourage sustainable practices among manufacturing companies, particularly environmental area; thestudy will develop environmental capabilities indicators aiming to lead higher organization performance with ultimately boost up the sustainability practice. The technique of Amos 18 is applied in this study. Essentially, this study has successfully revealed comprehensive environmental capabilities indicators. In a nutshell, an organization with strong performance definitely possess appropriate indicators of environmental capabilities indicators. As such, regulatory bodies like The Electrical and Electronics Association of Malaysia (TEEAM) and The Federation of Malaysian Manufacturers (FMM), Malaysia Institute of Accountant (MIA), must lead and be proactive in promoting sustainable practices among Malaysian manufacturing companies. They can unlock the study finding in drafting their policies and encourage companies to implement it.

Empirical Study of the Implementation of Certain Budgeting Concepts in Manufacturing Companies in Serbia

2021 ◽  
Vol 59 (1) ◽  
pp. 61-76
Author(s):  
Marija Nikodijević ◽  
Blagoje Novićević ◽  
Milovan Rogan
Keyword(s):  
Empirical Study ◽  
Manufacturing Industry ◽  
Management Approach ◽  
Manufacturing Companies ◽  
Global Trends ◽  
Current State ◽  
Tradable Goods ◽  
Key Features ◽  
And Performance ◽  
Macroeconomic Environment

Abstract The basic indicators of manufacturing industry’s level of development are still at an unenviable level, although it provides the majority of tradable goods of Serbian economy and has the most significant share in gross domestic product. This state of the manufacturing industry in Serbia is the result of an unstable macroeconomic environment and institutional insecurity, as well as an inadequate management approach in companies of this sector. Taking into account the situation, there is an obvious need to change management approach in these companies, which includes improving their budgeting processes and systems. Budgeting, as a management instrument, has become important in companies in Serbia only in the last decades, that is, after the change of the economic system. The results of the conducted empirical study, aiming to perceive the current state and relevant management attitudes regarding the implementation of certain budgeting concepts in manufacturing companies in Serbia, are presented in this paper. The study aims to determine the current presence of certain budgeting concepts, as well as which concepts the management of the sample companies intends to implement in the future, since it considers them an appropriate and a good solution for its company, taking into account the specifics of its environment and business. The presented results will show whether manufacturing companies in Serbia follow global trends in budgeting practices that relate to the implementation of modern budgeting concepts with flexibility, customer focus and performance based as their key features.

scholarly journals Role of diversity management and charismatic leadership on innovation and performance in the globalized era

2020 ◽  
Vol 8 (3) ◽  
pp. 489-515
Author(s):  
Zafer Adiguzel ◽  
Fatma Sonmez Cakir
Keyword(s):  
Manufacturing Industry ◽  
Diversity Management ◽  
Charismatic Leadership ◽  
Analysis Data ◽  
Positive Influence ◽  
Mediation Effect ◽  
Survey Study ◽  
Company Performance ◽  
Manufacturing Companies ◽  
And Performance

Objective of the Study: The purpose of this study was to analyze the relationships between the variables of diversity management, charismatic leadership, innovation speed, innovation performance, and company performance.Methodology/Approach: A survey study was conducted with 427 employees (both technicians and engineers) working at companies that operated in the manufacturing industry in the scope of the research purpose. SPSS 25 and SPSS AMOS programs were used incrementally, and the acquired data were evaluated and analyzed.Originality/Relevance: In this research, white-collar workers constituted our sampling group because they play a key role in product innovation. While gathering the analysis data, the first 500 companies registered in Istanbul Chamber of Industry were determined, and manufacturing companies operating in Istanbul constituted the main part of the study.Main Results: As a result of the analysis, it is understood that diversity management and charismatic leadership have a positive influence on innovation and performance.Theoretical/Methodological Contribution: In terms of innovation and company performance, the study revealed the mediation effect of charismatic leadership linked to diversity management.Social/management contributions: In order for organizations to carry out creative and innovative activities, it is very important to effectively manage different ideas and thoughts within organizations. In fact, charismatic leadership positively affects employees, helping them to perform better. Therefore, employees must be actively involved in order to successfully carry out innovation.

scholarly journals RE-ENGINEERING STRATEGY AND PERFORMANCE OF LARGE MANUFACTURING FIRMS IN KENYA

2021 ◽  
Vol 6 (3) ◽  
pp. 102-118
Author(s):  
Jacob Kithinji ◽  
Gladys Rotich ◽  
Allan Kihara
Keyword(s):  
Manufacturing Industry ◽  
Low Cost ◽  
Manufacturing Firms ◽  
Theory Of Constraints ◽  
Local Market ◽  
Unique Contribution ◽  
Manufacturing Companies ◽  
Turnaround Strategies ◽  
Engineering Strategy ◽  
And Performance

Purpose: Most of the large manufacturing firms in Kenya have been experiencing declining performance in terms of revenue, sales and the profit margins for more than a decade. This has seen some of the large manufacturing firms in the country consider strategies such as relocating or restructuring their operations, opting to serve the local market through importing from low-cost manufacturing areas instead of adopting turnaround strategies. This therefore prompted a question on whether turnaround strategies such as reengineering strategy are effective for the manufacturing firms; hence the motivation of this study. Methodology: This study was informed by theory of constraints. A descriptive research design was adopted while 708 large manufacturing firms in Kenya registered under the Kenya Association of Manufacturers were targeted. The sample size for the study was 249 firms selected randomly from all the 14 sectors of the manufacturing industry in Kenya. The data collection instrument was a questionnaire, while mean, frequencies and percentages were used to describe the data. Correlation and regression analysis were done to show direction, magnitude and significance of the association between the variables. Findings: The findings revealed that re-engineering strategy had significant and positive influence on the performance of large manufacturing firms in Kenya. The findings further revealed that organizational culture had significant moderating effect on the relationship between reengineering strategy and performance of large manufacturing companies. The study concluded that reengineering strategy as one of the turnaround strategies positively influenced the performance of large manufacturing companies. Unique Contribution to Theory, Practice and Policy: It is therefore recommended that the management of large manufacturing firms uphold reengineering strategy in order to enhance performance.

scholarly journals The impact of customer integration on manufacturing firms sustainable performance

2018 ◽  
Vol 7 (2.15) ◽  
pp. 119
Author(s):  
Mohamad Ghozali Hassan ◽  
Rahimi Abindin ◽  
Norani Nordin
Keyword(s):  
Manufacturing Firms ◽  
Three Dimensions ◽  
Green Supply Chain ◽  
Organization Performance ◽  
Manufacturing Companies ◽  
Social Dimensions ◽  
Customer Integration ◽  
Business Operation ◽  
Sustainable Performance ◽  
The Impact

This paper examined the impact of customers’ integration on the three dimensions of sustainability performance (environmental, economic and social) among manufacturing firms. The rationale for undertaking this study is based on the fact that many manufacturing firms, most especially within Malaysia have yet to adopt green supply chain management (GSCM) concept in their business operation, with GSCM recently emerging to ensure that firms comply with regulations for environmental protection. Even the few firms that have implemented this concept do not integrate their customers in the chain, which has led to the creation of an unhealthy culture. Although there are few prior studies that have investigated customers' integration on manufacturing firms’ sustainable performance, they have largely focused on sustainable performance only in terms of environmental dimension, excluding the economic and social dimensions. In this study, quantitative method was used for collecting data from 107 ISO14001 certified manufacturing companies in Malaysia. The statistical package for social science (SPSS) version 20.0 was used to analyze the data. The study findings indicate that customer integration has a positive and significant relationship with sustainable performance. Therefore, the study argues the need for customer integration to ensure a vibrant business organization performance. 

scholarly journals The Relationship Between Innovation Management, Social Innovation and Sustainable Performance in Mexican SMEs

2021 ◽  
pp. 85-101
Author(s):  
Sandra Yesenia Pinzón-Castro ◽  
Gonzalo Maldonado-Guzmán ◽  
Rubén Michael Rodríguez-González
Keyword(s):  
Scientific Literature ◽  
Social Innovation ◽  
Innovation Management ◽  
Empirical Studies ◽  
Jel Classification ◽  
Structural Equations ◽  
Manufacturing Companies ◽  
Sustainable Performance ◽  
The World ◽  
The Relationship

Abstract Social innovation is a relatively recent construct in the scientific literature in the field of marketing and has recently been considered an essential construct to achieve a higher level of sustainable performance in manufacturing companies, particularly in small and medium-sized companies. However, despite the importance of small and medium-sized enterprises in any country in the world, there are relatively few theoretical and empirical studies that have focused on the analysis and discussion of the relationship between social innovation and sustainable performance. in small and medium-sized companies, and there are even fewer studies that relate these two constructs to innovation management, especially in developing countries, such as Mexico. Therefore, the essential objective of this study is the analysis and discussion of the relationship between innovation management, social innovation and sustainable performance in small and medium-sized companies, for which a sample of 300 companies and the analysis of structural equations. The results obtained show the existence of a positive and significant relationship between innovation management and social innovation and sustainable performance, and between social innovation and sustainable performance. Keywords: Innovation management, social innovation, Sustainable performance, SMEs. JEL classification numbers: M21.

scholarly journals Human Resource Scorecard (HRSC) and Objective Matrix as Performance Measurement and Performance Booster Method to Optimize Production Performance

2019 ◽  
Vol 6 (6) ◽  
pp. 173 ◽  
Author(s):  
Jesen Hardi ◽  
Deppy Supardi ◽  
Christopher Angelo ◽  
Nicko Farhan ◽  
Farrell CND ◽  
...  
Keyword(s):  
Performance Measurement ◽  
Human Resource ◽  
Manufacturing Industry ◽  
Production Efficiency ◽  
Production Performance ◽  
Manufacturing Companies ◽  
Business Units ◽  
Financial Perspective ◽  
Development Technology ◽  
And Performance

The development technology is something that happens quickly and surely this is marked by the number of new manufacturing companies that are emerging and spreading throughout the world. In the manufacturing industry the most important thing that must always be maintained is production efficiency, but the majority of industries only pay attention to the efficiency aspects of their production activities without regard to the aspects of humans who work in the industry. Human resource scorecard (HRSC) is an appropriate measurement method in identifying and measuring the relationship between workers, strategy, and performance to produce a good company. This human resource performance measurement is looking at business units from four perspectives: financial perspective (F), the customer (C), internal business process (I), and learning and growth (L). Each perspective in HRSC weighted by Analytical Hierarchy process method and then calculated by Objective Matrix (OMAX) to identify which category needed an extra attention and need to be repaired. The end result of OMAX will be reviewed by management theory so the solution made in this analysis will produce the best end result that needed by the company. This measurement is very critical to the company because the competition between company is getting tougher nowadays. HRSC measurement was carried in PT OCM by describing the company’s vision and mission into human resource action whose contribution can be measured using AHP analysis in 4 perspectives: financial perspective with a weight of 0.396, customer perspective (employee) with a weight of 0.118, internal business perspective with a weight of 0.240, and growth and development perspective with a weight of 0.247 after that PT OCM use that measurement in OMAX method to determine what KPI needed extra attention and repairment, management based theory will be applied in that solution to give the best result.

scholarly journals THE RELATIONSHIP BETWEEN SUSTAINABLE MANUFACTURING PRACTICES AND SUSTAINABLE PERFORMANCE IN MANUFACTURING SECTOR

2021 ◽  
Vol 3 (8) ◽  
pp. 10-30
Author(s):  
Nur Sarah Hidayah Mohd Farid ◽  
Nurazwa Ahmad ◽  
Noor Aslinda Abu Seman
Keyword(s):  
Environmental Sustainability ◽  
Significant Relationship ◽  
Quantitative Methods ◽  
Manufacturing Industry ◽  
Sustainable Manufacturing ◽  
Employee Relations ◽  
Manufacturing Companies ◽  
Sustainable Performance ◽  
Manufacturing Organizations ◽  
The Relationship

The implementation of sustainable manufacturing practices has brought many benefits not only to the manufacturing industry itself but also to the environment. Among the benefits are increasing productivity, bringing a good image, and producing environmentally friendly products. However, there are still many manufacturing organizations that still do not implement sustainable manufacturing practices due to factors such as high cost and organizational culture that does not accept such practices. Thus, this study aims to identify the relationship between sustainable manufacturing practices (SMP) and the sustainable performance of manufacturing organizations. Data were collected based on quantitative methods using a questionnaire survey. This study employed a simple random sampling method and SPSS was used to analyze the descriptive and correlation data for a sample of 51 manufacturing companies in Johor. Clean production practices and employee relations show a significant relationship with sustainable performance. Eco-efficiency practices show no relationship to economic sustainability, yet there is a significant relationship to environmental sustainability and social sustainability. The benefit of this study is that manufacturing organizations can see some SMPs acting as drivers to improve the sustainable performance of the organization because of the long-term benefits it offers.

From strategic human resources to organization performance

2014 ◽  
Author(s):  
Ana Rita Damas Oliveira ◽  
Paulo Alexandre Guedes Lopes Henriques ◽  
Teresa Cristina Clímaco Monteiro de Oliveira
Keyword(s):  
Human Resources ◽  
Business Strategy ◽  
Organization Performance ◽  
Case Study Methodology ◽  
Strategic Human Resources ◽  
The People ◽  
Sustainable Advantage ◽  
Strategy Alignment ◽  
And Performance ◽  
The Impact

Much has been written about the link between HR and performance, however consensus has yet not been found concerning the understanding on how that relationship comes together. Empirically, no direct impact has been found and research has only suggested an indirect impact. Consequently, the Strategic HRM field is particularly interested on the understanding of the mediating variables that impact the organization performance. Besides the integrated and business strategy alignment of the HR function, it should be considered that it is the people (HR) of the organization and not their practices that determine the company´s competitive advantage. (Messersmith & Guthrie, 2010) argue that it is the impact of those practices that represent “the true resource and enable a sustainable advantage over industry rivals”. The objetive of this research proposal is to study the impact of strategic human resources practices on the organization performance through a case study methodology, supported by longitudinal data. Namely, the project aims to achieve a deeper understanding of the variables that affect the process stream during strategy implementation. How the HR practices impact on people? And why human resources are the most valuable asset? These core premises are in line with the most recent economic concerns about people productivity, employment policies and labor flexibility.

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