Management Practice in Small and Medium-Sized Enterprises: Problems and Solutions from the Perspective of Open Innovation

2021 ◽  
Vol 7 (4) ◽  
pp. 214
Author(s):  
Maris Millers ◽  
Elina Gaile-Sarkane
Keyword(s):  
Statistical Analysis ◽  
Management Practices ◽  
Visual Analysis ◽  
Management Practice ◽  
Self Assessment ◽  
Governance Model ◽  
Analysis Technique ◽  
Problems And Solutions ◽  
Cluster Analysis Technique ◽  
A Company

A large proportion of small and medium-sized enterprises are managed by their owners and founders. The goal of this research was to describe the diversity of management practices in owner-managed SMEs. Understanding this diversity will raise awareness of the challenges SMEs are facing and suggest possible solutions that will help improve their management and sustainability. In this study, 205 owner-managed SMEs with more than nine people employed were analyzed using a company self-assessment based on a tailor-made governance model. Data were analyzed using statistical analysis software in combination with a visual analysis. To group similar companies, the cluster analysis technique was used. The results showed a high diversity in how companies were managed and their performances. This research indicated that statistical analysis itself is not sufficient for exploring this diversity, and other approaches, such as visual analysis, must be used as well.

scholarly journals Improving business performance through brand management practice

2016 ◽  
Vol 61 (208) ◽  
pp. 137-167 ◽  
Author(s):  
Sasa Veljkovic ◽  
Djordje Kalicanin
Keyword(s):  
Business Performance ◽  
Management Practices ◽  
Brand Management ◽  
Management Practice ◽  
Marketing Channel ◽  
Brand Performance ◽  
Channel Relationships ◽  
Industry Sectors ◽  
A Company ◽  
Domestic Companies

The aims of this study are to determine which variables are common as brand management practices, how these variables affect a company?s business performance, and whether there are statistically significant differences between companies in the sample in terms of individual elements of the Brand Management Practice (BMP) model. The research took place in Serbia, and comprised 118 managers and specialists involved in marketing and brand management. After validating the proposed BMP model, we found a link between certain variables of the model and companies? business performance. There are statistically significant differences between companies in terms of individual elements of brand management practice, and we identify three clusters: brand-guided companies, emerging brand companies, and brand-agnostic companies. They differ from each other in terms of: brand-oriented approach, innovativeness, brand support activities, unique marketing offers, marketing channel relationships, brand performance measurement, brand barriers, company size, and specific business area of a key-brand. They also differ according to estimated and actual business and financial performance. The results are valuable for explaining the main drivers of good brand management practice and their effects on business performance in different industry sectors. The implications for managers of domestic companies are also discussed.

scholarly journals The Way That Companies Should Manage Their Human Resources As Their Most Important Asset: Empirical Investigation

2011 ◽  
Vol 1 (1) ◽  
Author(s):  
Abdalla Hagen ◽  
Igwe Udeh ◽  
Macil Wilkie
Keyword(s):  
Organizational Performance ◽  
Management Practices ◽  
Management Practice ◽  
Business Case ◽  
Practical Experience ◽  
Performance Reduction ◽  
Ranking Order ◽  
A Company ◽  
Status Differences ◽  
The Way

<p class="MsoNormal" style="text-align: justify; margin: 0in 0.5in 0pt;"><span style="font-size: x-small;"><span style="font-family: Times New Roman;"><span style="mso-bidi-font-style: italic;">Although research reveals a direct relationship between a company&rsquo;s success and its commitment to management practices that treat its people as assets, trends in management practice are moving away from these principles. This study provides a sound business case confirming that the way a company manages its people is a real and enduring source of competitive advantage. Drawing on their practical experience, the surveyed CEOs agree that the seven management practices (selective hiring, extensive training, employment security, self-management teams and decentralization, comparatively high compensation contingent on organizational performance, reduction of status differences, and sharing information) suggested in this study are the way that companies should manage their people as their most important asset. However, there are differences in the ranking order of<span style="mso-spacerun: yes;">&nbsp;</span>management practices between CEOs and<span style="mso-spacerun: yes;"> </span>Pffer and Veiga </span><span style="mso-spacerun: yes;">&nbsp;</span><span style="mso-bidi-font-style: italic;">(1999).</span></span></span></p>

scholarly journals The Influence of Leadership and Motivation on Employee Performance

2020 ◽  
Vol 4 (2) ◽  
pp. 190-196
Author(s):  
Indra Januar Rukmana
Keyword(s):  
Statistical Analysis ◽  
Human Resources ◽  
Hypothesis Testing ◽  
Driving Force ◽  
Employee Performance ◽  
Regression Testing ◽  
Full Attention ◽  
Analysis Technique ◽  
A Company

Human resources play an important role in company management. In this case that human resources are the main key that must be able to full attention to all their needs. Human resources are the driving force of the company. The progress of a company is very dependent on the human resources that exist in a company by giving authority and responsibility in managing activities. This study aims to determine the effect of leadership and motivation on employee performance at PT. Mitra Steel in Jakarta. The method used was explanatory research with a sample of 82 employees. The analysis technique uses statistical analysis with regression testing, correlation, determination, and hypothesis testing. The results of this study leadership have a significant effect on employee performance by 35.2%, hypothesis testing obtained significance 0,000 <0.05. Motivation has a significant effect on employee performance by 43.1%, hypothesis testing obtained significance 0,000 <0.05. Leadership and motivation simultaneously have a significant effect on employee performance by 52.0%, hypothesis testing obtained significance 0,000 <0.05

scholarly journals Assessment of Storage and Inventory Practices to Improve Medicine Supply Chain in Jubek State South Sudan

2021 ◽  
Vol 4 (2) ◽  
pp. 310-320
Author(s):  
Adut Jervase Manyuat ◽  
Kashi Carasso ◽  
Mulatedzi Makhado
Keyword(s):  
Supply Chain ◽  
Inventory Management ◽  
Management Practices ◽  
Management Practice ◽  
Health Facilities ◽  
The Self ◽  
Great Similarity ◽  
Stock Management ◽  
Self Assessment ◽  
Medicine Supply

BackgroundIn order to deliver quality health services, safe, effective, affordable and quality medicines are needed. Inappropriate storage conditions, poor infrastructure and poor medicine management practices may lead to poor medicines quality, stock damage and expiration.ObjectiveAssess storage and inventory practices to improve the medicine supply chain in South Sudan.MethodologyThe study used a descriptive cross-sectional design. The study population comprised 12 Health Centers in Juba where inventory management was practiced. Both questionnaire‐guided interviews for staff self‐assessment, and observer assessment were used by the researcher. With regard to storage and inventory management, the researcher collected data on the condition of storerooms with regards to availability of enough storage space, availability of enough storage equipment, and temperature conditions of the medicines stores, among others.ResultsThe study found that store and inventory management practices varied widely in the different health facilities. Hospitals and central medical stores exhibited good or average inventory and storeroom management practices, respectively. The two hospitals and medical stores scored 100% in the elements in the assessment of storerooms and stock management. Some primary health care centers exhibited good inventory and store room management practice, whilst others were rated as average or poor. Most of the elements assessed scored 37% in storeroom assessment while elements assessed for inventory management scored less than 75%. There was great similarity between the observation assessment and the self-assessment.ConclusionIn conclusion, store and inventory management practices and knowledge of the respondents varied in the different health facilities. Hospitals and central medical stores exhibited good, average and poor inventory and storeroom management practices assessed through self-assessment and observation assessment by the researcher. There was a great similarity between the observation assessment and the self-assessment. Rwanda J Med Health Sci 2021;4(2): 310-320

scholarly journals Justice perceptions of performance management practices in a company in the chemical industry

2015 ◽  
Vol 18 (4) ◽  
pp. 567-585
Author(s):  
Thanasagree Govender ◽  
Anton Grobler ◽  
Yvonne Trintje Joubert
Keyword(s):  
Performance Management ◽  
Chemical Industry ◽  
Business Performance ◽  
Management Practices ◽  
Positive Impact ◽  
Management Practice ◽  
Measuring Instrument ◽  
Organisational Justice ◽  
Justice Perceptions ◽  
A Company

The sustainability of corporations globally is becoming increasingly problematic. Combined with the unique challenges of an operating entity, this could potentially expose the profitability of sustainable businesses on a daily basis. The purpose of this study is to evaluate employees’ justice perceptions of performance management practices in a company in the chemical industry. The population includes all the employees in the chemical industry that was used in this study. A total of 140 questionnaires were issued to all the employees in an organisation which had undergone a performance appraisal and 102 respondents completed the surveys, giving a response rate of 72 per cent. A cross-sectional survey design was used in this study. The justice perceptions were measured according to an existing framework developed by Thurston and McNall (2010). The framework is founded on a hypothesised four-factor model constructed according to theories on organisational justice. The employees of the organisation in the chemical sector were involved in this study. Descriptive statistical analyses were used to measure perceptions of justice based on theories on organisational justice. The measuring instrument used was based on recognised models and theories. The study supports the construct validity of the measuring instrument and the reliability of the scales used. The justice constructs were used to identify specific items in the performance management practice that required improvement. The implications of the results are that continual interventions are required if employee commitment and productivity levels are to improve, resulting in a positive impact on business performance. Significant differences in perceptions by demographic groups were reported and discussed. This study explored the importance of understanding justice perceptions of performance management practices as an enabler for sustained business performance. Further, the study confirmed that justice perceptions have a direct impact on both the organisational climate and employee morale.

scholarly journals Responsible Resource Management in Remanufacturing—Framework for Qualitative Assessment in Small and Medium-Sized Enterprises

Resources ◽  
2021 ◽  
Vol 10 (2) ◽  
pp. 19
Author(s):  
Paulina Golinska-Dawson ◽  
Karolina Werner-Lewandowska ◽  
Monika Kosacka-Olejnik
Keyword(s):  
Resource Management ◽  
Automotive Industry ◽  
Circular Economy ◽  
Management Practices ◽  
Assessment Tool ◽  
Qualitative Assessment ◽  
Maturity Model ◽  
Self Assessment ◽  
Research Gap ◽  
A Company

Through the remanufacturing process, obsolete, broken, and end-of-use products are brought to “a like new condition”. Remanufacturing is an example of implementation of circular economy at a company level. There are few studies on responsible resource management in a remanufacturing process. This paper contributes to this research gap by presenting a two-layered framework, which uses the maturity model theory, and it allows for a quick scan of a remanufacturing process. First, in the descriptive layer of the framework we define five maturity levels with regard to responsible resource management. We analyze water, emissions, energy, and materials, and describe relevant responsible resource management practices, which we link with maturity levels. We also design the relevant self-assessment tool which utilizes the existing expert’s knowledge of a company. Then, in the prescriptive layer of the framework, we propose a method for the identification of the maturity gap, and areas for improvement. We develop a procedure for prioritizing the measures, which shall be implemented in order to achieve a higher level of responsible resource management in a remanufacturing company. The framework is tested in small and medium-sized enterprises from the automotive industry.

Talented Employees in Russian and Foreign Companies

2013 ◽  
pp. 147-156 ◽  
Author(s):  
M. Latukha ◽  
T. Tsukanova
Keyword(s):  
Management Practices ◽  
Management Practice ◽  
Talent Management ◽  
Foreign Companies ◽  
Study Results ◽  
Practice Development

The study investigates talent management practices in Russian and foreign companies. The inquiry of Russian and foreign companies (working in Russia) showed that perceived and dedicated talent management practices contribute to better companies performance. The study results can be used in talent management practice development.

Impression management and legitimacy strategies: The BP case

2013 ◽  
pp. 35-64 ◽  
Author(s):  
Giovanna Michelon
Keyword(s):  
Impression Management ◽  
Management Practices ◽  
Legitimacy Theory ◽  
British Petroleum ◽  
Wide Range ◽  
Management Techniques ◽  
Disclosure Tone ◽  
The Empirical Analysis ◽  
A Company ◽  
Texas City

The aim of this paper is to study if and how impression management varies during different phases of the legitimation process, in particular during the legitimacy building and legitimacy repairing phases (Suchman, 1995). We aim at understanding whether and how the disclosure tone adopted by a company in the two different moments is diverse and thus functional to the intrinsic objective of the each phase. The empirical analysis focuses on the case of British Petroleum Plc. We investigated the impression management practices undertaken by the company both during the preparation of the rebranding operation, i.e. a situation in which the company is trying to build legitimacy; and during the happenings of two legitimacy crises, like the explosion of the refinery in Texas City and the oil spill in the Gulf of Mexico. The evidence appears in line with the theoretical prediction of legitimacy theory. Results show that while the company tends to privilege image enhancement techniques during the legitimacy-building phase, it uses more obfuscation techniques when managing a legitimacy-repairing process. Moreover, the analysis suggests that the company makes more extensive use of impression management techniques in the disclosures addressed to shareholders, investors and other market operators than in the disclosures addressed to the wide range of other stakeholders.

Management of Guidance and Counseling on Learning Discipline

2020 ◽  
Vol 10 (2) ◽  
pp. 60-74
Author(s):  
Muhammad Syauqi Mubarok
Keyword(s):  
Statistical Analysis ◽  
Descriptive Analysis ◽  
Field Studies ◽  
Guidance And Counseling ◽  
Analysis Method ◽  
Vocational High School ◽  
Analysis Model ◽  
Survey Techniques ◽  
Analysis Technique ◽  
Path Analysis Model

This article aims to examine and describe the influence of guidance and counseling management on learning discipline. The method used in this research is descriptive analysis method using survey techniques. Data collection techniques that used are documentation studies and field studies. Moreover, the data analysis technique that has been used to answer the research hypothesis is statistical analysis with a path analysis model. The location of the study was at the Ciledug Vocational High School Al-Musaddadiyah Garut, with 85 respondents taking part in the survey. The results of the discussion show that guidance and counseling management has a positive and significant effect on the discipline of learning

ANALISIS PENGARUH MOTIVASI DAN KEDISIPLINAN TERHADAP PRESTASI KERJA PEGAWAI MELALUI PERILAKU KERJA PADA DKIPS PROVINSI SULAWESI BARAT

2020 ◽  
Vol 2 (1) ◽  
pp. 5-8
Author(s):  
Arnas A.M Patonangi ◽  
Cahyono Cahyono ◽  
Muhlis Ruslan
Keyword(s):  
Statistical Analysis ◽  
Work Performance ◽  
Work Motivation ◽  
Employee Performance ◽  
Partial Least Square ◽  
Least Square ◽  
Work Behavior ◽  
Test Results ◽  
Analysis Technique ◽  
Descriptive Statistical Analysis

Penelitian ini bertujuan untuk mengetahui apakah motivasi, kedisiplinan berpengaruh terhadap perilaku kerja, apakah motivasi dan kedisiplinan berpengaruh terhadap prestasi kerja, apakah perilaku kerja berpengaruh terhadap prestasi kerja, apakah motivasi berpengaruh terhadap prestasi kerja pegawai melalui perilaku kerja, serta apakah kedisiplinan berpengaruh terhadap prestasi kerja pegawai melalui perilaku kerja pada DKIPS Provinsi Sulawesi Barat. Teknik pengumpulan data melalui observasi, interview dan dokumentasi serta kuesioner. Sedangkan teknik analisis data yang digunakan adalah analisis statistic deskriptif, statistik infe-rensial, PLS (Partial Least Square), pengujian hipotesis. Hasil penelitian menemukan bahwa motivasi kerja berpengaruh positif dan signifikan terhadap perilaku kerja, Kedisiplinan berpengaruh positif dan signifikan terhadap perilaku kerja, Motivasi kerja berpengaruh positif dan signifikan terhadap prestasi kerja, Kedisiplinan berpengaruh positif dan signifikan terhadap prestasi kerja pegawai, Perilaku kerja berpengaruh positif dan signifikan terhadap prestasi kerja pegawai, hasil uji mediasi menunjukkan bahwa perilaku kerja dapat memediasi motivasi kerja terhadap prestasi kerja pegawai pada DKIPS Provinsi Sulawesi Barat, serta hasil uji mediasi menunjukkan bahwa perilaku kerja dapat memediasi disiplin kerja terhadap prestasi kerja pegawai pada DKIPS Provinsi Sulawesi Barat. This study aims to determine whether motivation, discipline affect work behavior, do motivation and discipline affect work performance, does work behavior affect work performance, does motivation affect employee performance through work behavior, and does discipline affect work performance through work behavior in West Sulawesi Province DKIPS. Data collection techniques through observation, interviews and documentation and questionnaires. While the data analysis technique used is descriptive statistical analysis, inferential statistics, PLS (Partial Least Square), hypothesis testing. The results found that work motivation has a positive and significant effect on work behavior, the discipline has a positive and significant effect on work behavior, work motivation has a positive and significant effect on work performance, the discipline has a positive and significant effect on employee work performance, work behavior has a positive and significant effect on employee work performance, mediation test results indicate that work behavior can mediate work motivation on employee work performance in DKIPS Province of West Sulawesi, and mediation test results indicate that work behavior can mediate work discipline towards employee work performance at DKIPS Province of West Sulawesi.

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