scholarly journals Modelling the Implementation of a Sustainable Development Strategy through Process Mapping

Proceedings ◽  
2020 ◽  
Vol 63 (1) ◽  
pp. 6
Author(s):  
Ioana Miruna Tătaru ◽  
Elena Fleacă ◽  
Bogdan Fleacă ◽  
Radu D. Stanciu
Keyword(s):  
Development Strategy ◽  
Performance Indicators ◽  
Business Processes ◽  
Value Added ◽  
Value Stream ◽  
Classification Framework ◽  
Environmentally Responsible ◽  
Energy Innovation ◽  
Process Classification

Industry 4.0 implies sustainable production by providing green products created through environmentally responsible processes. This paper aims to analyze the two main business processes responsible for energy innovation in a telecommunications company: “develop property strategy and long-term vision” and “evaluate environmental impact of products, services, and operations”. The processes will be introduced using an initial set of key-performance indicators (KPIs) and American Productivity & Quality Center (APQC) Process Classification Framework activities. Through value stream analysis, the non-value-added activities will be eliminated. Ultimately, to provide an overview for the stakeholders, a new set of KPIs will be proposed and the processes will be modeled using Event-Driven Process Chain (EPC) and Suppliers-Inputs-Process-Outputs-Customers (SIPOC) methods.

scholarly journals General Concept of Neo-institutional Measurements of Business Processes

2019 ◽  
Vol 11 (4) ◽  
pp. 28-80
Author(s):  
Arkadiusz J. Derkacz
Keyword(s):  
Process Management ◽  
Institutional Economics ◽  
Business Processes ◽  
Thought Experiment ◽  
Value Added ◽  
Daily Basis ◽  
General Concept ◽  
New Institutional Economics ◽  
Effectiveness And Efficiency

Abstract Objective: General concept of neo-institutional measurements of business processes is an approach developed by the author, which fits in with the practical search for appropriate methods and tools that would optimize effectiveness and efficiency of business process management. The objective of the following discussion is to prove the thesis that effectiveness of business processes that take place within a company depends on the quality of support of such processes that is included in the set of supporting factors, as well as on neo-institutional determinants of business processes. Methodology: In the article, the author used primarily long-term observations of the functioning of enterprises, critical literature analysis and thought experiment. Findings: The concept was based on long-term of author’s experience in business management and it was essentially grounded in the model of the new institutional economics. On the basis of critical analysis of the literature and with the use of empirical research results from different industries and countries, it defines four hypotheses, which make ground for the concept in question. These are: hypothesis of rational change of condition, hypothesis of expected determinants of business processes, hypothesis of rational determinants of business processes and intensity of impact hypothesis. Value Added: The concept presents a new holistic and behavioral method for business processes analysis. Recommendations: The general concept of neo-institutional measurements of business processes may become a new economic approach concerning the issues of effectiveness and efficiency of business processes, but also it may become the ground for creation of a new catalogue of recommendations for managers, who, on a daily basis, make difficult managerial decisions.

scholarly journals SUSTAINABILITY AS A CORPORATE VALUE CREATOR

10.23856/2710 ◽  
2018 ◽  
Vol 27 (2) ◽  
pp. 90-100
Author(s):  
Iryna Vasylchuk ◽  
Kateryna Slyusarenko
Keyword(s):  
Sustainable Development ◽  
Performance Indicators ◽  
Indirect Method ◽  
Value Added ◽  
Corporate Value ◽  
Logical Scheme ◽  
Sustainable Value ◽  
Corporate Social ◽  
Development Paradigm

The article explores current theoretical and practical approaches to expanded implementation of the principles of sustainable development paradigm within corporations. The essence of Sustainable Corporation and Sustainability as a factor of formation of the long-term corporation value is determined; the relationships between corporate social and financial performance are described; the existing methods for developing sustainability key performance indicators are discussed. The authors present a structural-logical scheme and algorithm of assessment of sustainable value added using indirect method. The scheme characterizes the distribution of the value among internal and external, financial and non-financial stakeholders.

scholarly journals Modeling of the System of Evaluation of Retail Enterprises on the Basis of KPI and Process Approach

2021 ◽  
Vol 4 (519) ◽  
pp. 66-72
Author(s):  
O. S. Podskrebko ◽  
◽  
N. O. Ivanchenko ◽  
V. V. Tkachenko ◽  
◽  
...  
Keyword(s):  
Environmental Conditions ◽  
Performance Indicators ◽  
Business Processes ◽  
Process Approach ◽  
Retail Trade ◽  
Financial Indicators ◽  
Key Factors ◽  
Modeling And Forecasting ◽  
Retail Enterprise

The article proposes a model for evaluating the activities of retail enterprise, which is based on five stages and allows determining ways to increase the efficiency of functioning, which will improve the adaptive properties of the economic object. The analysis of types of KPI is carried out, process and functional approaches are identified as the main ones for the direct development of key performance indicators, as well as the characteristics of the evaluation of effective marketing at enterprises, including those that function in the sphere of retail trade, are determined. The authors considered how modeling and forecasting of key financial indicators of an enterprise contribute to the creation of strategies for its development. The article notes that for the initial evaluation of a retail enterprise focused on long-term success, it is mandatory to conduct an audit aimed at assessing the efficiency of the economic object and defining how quickly the enterprise adapts to dynamic environmental conditions. The carried out analysis allowed to identify the key factors that contribute to an improvement of the enterprise’s operation. Also, on the example of the Isikawa diagram, the ratio of KPI, strategies and understanding of business processes was considered in order to set, control and analyze the achievement of goals.

scholarly journals Simulation analysis of engineering business process in asset sustainment activities based on total cost of ownership

2021 ◽  
Vol 13 ◽  
pp. 184797902110101
Author(s):  
John PT Mo ◽  
Anthony Caporaso
Keyword(s):  
Business Process ◽  
Performance Indicators ◽  
Business Processes ◽  
Simulation Analysis ◽  
Total Cost Of Ownership ◽  
Engineering Change ◽  
Total Cost ◽  
Cost Of Ownership ◽  
New Business

Major assets such as buildings, infrastructure and defence systems are long term investments that require many outsourced sustainment activities to maintain satisfactory performances over their service life. When multiplied by the number of years that the sustainment is planned to be undertaken, the contracting cost is high. Many business processes are established to govern these asset sustainment activities and eventually become the source of inefficiency. This paper analyses the performance of these processes using a performance driven approach. Combined with input data of requests for engineering change in similar assets, this paper evaluates a new business process redesigned from an existing process to achieve significant savings in total cost of ownership as well as improving other non-financial performance indicators.

scholarly journals Balanced Scorecard for Repair Shipyards

2019 ◽  
Vol 17 (2) ◽  
pp. 130-144
Author(s):  
O. G. Leonova
Keyword(s):  
Balanced Scorecard ◽  
Performance Indicators ◽  
Business Processes ◽  
Balanced Score Card ◽  
Economic Activities ◽  
Daily Work ◽  
Score Card ◽  
Enterprise Model ◽  
Strategic Goals

To achieve success in the production sphere, any business entity must be able to quickly adapt to changing market conditions. Its financial and economic activities largely depend on speed of obtaining information, besides financial data, about factors influencing the results of both the daily work of the enterprise and achievement of long-term strategic goals. One of the effective methods of implementing the strategy in a form that is acceptable for a competitive environment is Balanced Score Card (BSC).The article substantiates the need for its implementation in the practice of Russian repair shipyards, proposes a method for determining key performance indicators considering the customer focused business processes, targeted labour motivation and corporate psychology of personnel. The suggested model was adapted to the practices of an enterprise, model KPI were proposed and discussed.

Lead Time Reduction through Lean Technique in an Monoblock (SWJ1HP) Pump Industry

2014 ◽  
Vol 592-594 ◽  
pp. 2671-2676 ◽  
Author(s):  
K. Ganesan ◽  
Mohan M. Prasad ◽  
R.K. Suresh
Keyword(s):  
Lean Manufacturing ◽  
Manufacturing Industry ◽  
Business Processes ◽  
Value Added ◽  
Flow Diagram ◽  
Value Stream Mapping ◽  
Value Stream ◽  
Whole Process ◽  
Current State ◽  
The Right

Value Stream Mapping has the reputation of uncovering waste in manufacturing, production and business processes by identifying and removing or streamlining value-added steps and eliminating non-value-added steps. The various process times for manufacturing a mono block pump were obtained from a pump manufacturing industry. The flow diagram showing the process is drawn to reflect the current state of the operation. The non-value actions are identified in each step and between each step by their waste of time and resources. The process is analyzed for opportunity to drastically reduce and simplify it to the fewest actions necessary. By reducing waste the proportion of value adding time in the whole process rises and the process throughput speed is increased. This makes the redesigned process more effective (the right things are being done) and more efficient (needing fewer resources). The reengineered process is flow charted in its future state with process steps and information flows redesigned, simplified and made less expensive. This paper addresses the application of lean manufacturing concepts to the pump manufacturing industry.

scholarly journals APLIKASI LEAN CONSTRUCTION UNTUK MENGIDENTIFIKASI PEMBOROSAN PADA PROSES LOGISTIK PROYEK

2015 ◽  
Author(s):  
Sri Sugiantari ◽  
I G. A. Adnyana Putera ◽  
Gd. Astawa Diputra
Keyword(s):  
Material Selection ◽  
Value Added ◽  
Project Completion ◽  
Value Stream ◽  
Internal Customers ◽  
A Value ◽  
Distribution Process ◽  
Material Transportation ◽  
Logistics Process

Construction logistics process hides some non value added activities which are difficult to avoid, those activities have extended leading time which are not only cause the delay of the project completion, but also spend more production expenses that effect to the profit itself. Data rising by questionnaire is conducted in 22 qualified contractors around Denpasar with 3 respondents in each contractor. Data raising by questionnaire is done in 2 stages, first stage is questionnaire which identify wastes. Second stage are questionnaire which determine waste causes. Field observation is aimed to create a value steam mapping of construction logistic process. It had been found 7 types of wasting which often occurs. They are the field inspection, the purchase of one type material in different suppliers, awaiting the instruction of the owner, the delay of the material transportation, the purpose of approval or additional signature, clarification needs, awaiting the instruction of the superior. Afterwards, the cause of each wasting, namely the workers inspected are less skilled, the bad quality of goods given by the suppliers, the owner procedures which require workers await the instruction before working, material loading-unloading and distribution process is too slow, a complicated bureaucratic system and unclear information. And from the observation, it is obtained that there are some non-added activities occurred throughout the value stream of the construction project logistics, among them awaiting the approval of the supervisors, transportation, awaiting the order process which is still done manually and product defects during the material selection. As a wasting reduction, it is necessary to simplify the process, create a standard operation procedure, provide enough training to the workers so they are more independent, use an information technology to ease the delivery of the report, hold a long-term contracts with the suppliers and the internal customers.

Russian low carbon development strategy

2020 ◽  
pp. 51-74
Author(s):  
I. A. Bashmakov
Keyword(s):  
Economic Growth ◽  
Development Strategy ◽  
Low Carbon ◽  
Security Risk ◽  
Ghg Emission ◽  
Emission Mitigation ◽  
Russian Economy ◽  
The Russian Federation ◽  
Scenario Projections

The article presents the key results of scenario projections that underpinned the Strategy for long-term low carbon economic development of the Russian Federation to 2050, including analysis of potential Russia’s GHG emission mitigation commitments to 2050 and assessment of relevant costs, benefits, and implications for Russia’s GDP. Low carbon transformation of the Russian economy is presented as a potential driver for economic growth that offers trillions-of-dollars-worth market niches for low carbon products by mid-21st century. Transition to low carbon economic growth is irreversible. Lagging behind in this technological race entails a security risk and technological backwardness hazards.

Russia’s Development Strategy: Guidelines and Restrictions

2008 ◽  
pp. 119-130 ◽  
Author(s):  
V. Senchagov
Keyword(s):  
Economic Development ◽  
Development Strategy ◽  
Conceptual Basis ◽  
The Core ◽  
Economic Development Strategy ◽  
Socio Economic Development ◽  
Rates Of Growth

The core of Russia’s long-term socio-economic development strategy is represented by its conceptual basis. Having considered debating points about the essence and priority of the strategy, the author analyzes the logic and stages of its development as well as possibilities, restrictions and risks of high GDP rates of growth.

An Evaluation of Provincial Macroeconomic Performance in Vietnam

2017 ◽  
pp. 34-47
Author(s):  
Hoi Le Quoc ◽  
Nam Pham Xuan ◽  
Tuan Nguyen Anh
Keyword(s):  
Development Strategy ◽  
Institutional Transformation ◽  
Economic Indicators ◽  
Macroeconomic Performance ◽  
Economic Development Strategy ◽  
Socio Economic Development ◽  
The Cost ◽  
Development Objectives ◽  
First Time

The study was targeted at developing a methodology for constructing a macroeconomic performance index at a provincial level for the first time in Vietnam based on 4 groups of measurements: (i) Economic indicators; (ii) oriented economic indicators; (iii) socio-economic indicators; and (iv) economic - social – institutional indicators. Applying the methodology to the 2011 - 2015 empirical data of all provinces in Vietnam, the research shows that the socio-economic development strategy implemented by those provinces did not provide balanced outcomes between growth and social objectives, sustainability and inclusiveness. Many provinces focused on economic growth at the cost of structural change, equality and institutional transformation. In contrast, many provinces were successful in improving equality but not growth. Those facts threaten the long-term development objectives of the provinces.

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