Motivation and rewarding of personnel: problems and prospects in a small business

2021 ◽  
pp. 10 (80)-15 (84)
Author(s):  
V.G. Gorlova ◽  
N.V. Sidorov

Motivational tools for an enterprise in the modern world play the same important role as, for example, the choice of a corporate development strategy for the next 5 years. Simply put, without a clear understanding of the system of motivation and remuneration, the company will easily lose its entire staff, “earn” negative dynamics in the development of personnel, and as a result, this will lead to its natural “death”. English version of the article on pp. 80-84 is available at URL: https://panor.ru/articles/motivation-and-remuneration-of-personnel-problems-and-prospects-in-a-small-enterprise/65424.html

Author(s):  
Anastasiya Olegovna Androsova ◽  
Anna Viktorovna Semenikhina

The subject of this research is the analysis of components constituting the efficiency of corporate strategy. The authors conduct detailed examination on the key elements of a competitive strategy proposing means for its assessment, and give recommendations in assessment of the efficiency of corporate development strategy, which plays the crucial role in realization and success of the activity of any company. The object of this research is the socioeconomic component of organization. An attempt was made to establish dependence between the key economic indicators of activity of the company and successful implementation of its strategy, which allowed formulating the main principles for its assessment. In the current context, the rapid changes in external environment force the companies to build more flexible development strategies and constantly adjust them in accordance with the dictated changes. At the same time, it is important to be able to assess the existing strategy through the prism of work performance indicators. The article substantiates the need for constant monitoring and assessment of the efficiency of existing corporate development strategy; establishes connection between the goals, resources, outlook, mission of the company with its strategy; as well as suggests the principles for assessing efficiency of corporate strategy that would facilitate timely determination of problematic areas from the strategic perspective and initiate measures for their elimination, which maintain the company’s competitiveness and help achieve long-terms success.


2021 ◽  
pp. 483 (576)-491 (583)
Author(s):  
A.V. Zhigalov

This paper raises the problem of coexistence of cultural diversity in the modern world. Since social dynamics do not change dramatically, we can find answers to the challenges of today in the practices of the past. The experience of the internationalism of the USSR, which must be thoroughly studied and adopted, is indicative. English version of the article on pp. 576-583 at URL: https://panor.ru/articles/diversity-and-identity-in-a-multicultural-society-rethinking-the-experience-of-soviet-internationalism/66092.html


2011 ◽  
pp. 46-67
Author(s):  
Elham Metwally

This study of “Bird ICT” is a case of a business development company in the field of information and communication technology (ICT). The chapter explores, describes, and examines the story and circumstances of building and managing innovative business ideas in an Egyptian small business enterprise. It specifically addresses specific circumstances, opportunities, and challenges with which a small enterprise pursuing innovation strategies is faced, and analyzes how effective deployment of innovative business ideas and bringing them to the market has contributed to strategic competitiveness. Findings highlight the patterns of developing new business ideas and mainly conclude the following: strategic competitiveness is accounted for by management’s efficiency, commitment, cheap labor, and most importantly, fast delivery of easy hit technologies and innovative, reliable, flexible, yet easy to use innovative advertising solutions. This study used qualitative research strategy in connection with theory to gain full understanding of a natural setting, and as a comprehensive method of substantiating or un-substantiating the context of achieving strategic competitiveness through new innovations and technologies, and provides insights into the nature of management of innovations, from which lessons can be drawn for other organizations both in small business sector organizations and generally.


1984 ◽  
Vol 25 (2) ◽  
pp. 214-241 ◽  
Author(s):  
Linda Weiss

Despite the certainty with which our theories of industrial society chorused the demise of the small-scale economy, Italy'ssmall producers have not merely refused to disappear but have continued to nourish, multiply and predominate in the postwar economy. Most explanations for this phenomenon have centred oneconomic factors—whether the old linear notions of delayed development and backwardness (Fuà 1976; Sereni 1966), or the more fashionable centre-periphery model which attributes the survival of small-scale production to Italy's ‘latecomer’ status within the international division of labour (see, e.g., Paci 1979; Bagnasco 1977). In this paper I shall attempt to provide a non-economic explanation for the persistence and reproduction of Italy's small business stratum. The weight and importance of small enterprise in a given economy is not entirely explained by economic factors, since comparative statistics tell us that in many advanced economies petty production is by no means a marginal organisational form. Indeed they indicate that the processes of industrialism, far from generating homogenous and purgative effects, produce a diversity of conditions in which small firms can survive. On these and other empirical grounds, the paper argues that the differences observable in the Italian case are the product of particular social and institutional factors.


2007 ◽  
Vol 15 (04) ◽  
pp. 371-392 ◽  
Author(s):  
GOLAM MOSTAFA KHAN ◽  
DARWISH ALMOHARBY

The importance of stimulating interest in entrepreneurship and small business is now recognized worldwide. In recent years, a number of organizations in Oman have started promoting entrepreneurship. In an attempt to diversify the economy and stimulate private enterprise development, government agencies and private institutions are participating in different entrepreneurship development activities. This paper provides a brief overview of the emergence of entrepreneurship education and training followed by a review of relevant programs and activities in Oman aimed at fostering entrepreneurship and small enterprise development. The paper also suggests how to enhance the efforts related to entrepreneurship development in the country and argues that a well developed comprehensive and co-ordinated program needs to be made available nationwide.


2013 ◽  
Vol 6 (2) ◽  
pp. 347-358 ◽  
Author(s):  
Evelyn Chiloane-Tsoka

The South African women emancipation policy statement and gender equality are critical tools established by government to eradicate poverty among entrepreneurs operating in small business. Khula was established to act as a financial wholesaler to emerging entrepreneurs who needed finance to start and grow businesses. The Small Enterprise Development Agency was established to provide training needs to small business operators. Lack of finance is a major stumbling block to women entrepreneurs reaching their full economic potential in South Africa. Financial collaterals are barriers for women operating in SMMEs in Tshwane. The objective of the study was to investigate the financial barriers facing women entrepreneurs in Tshwane when starting or growing businesses. In order to achieve the results a structured questionnaire and interviews were used as method of collecting data. A sample of 300 women operating SMMEs in six townships of the Tshwane metropolitan area was analysed per a quota of 50 businesses per township. The results indicate that women entrepreneurs lack the financial collateral that is demanded by financial institutions when applying for finance to start or grow their business.


2018 ◽  
pp. 112-118
Author(s):  
Svitlana Boiko

The article studies the problem of forming Ukrainian national identity of the Ukrainian citizens, which becomes crucial in the modern Ukrainian studies discourse, especially during the opposition to the hybrid war initiated by Russia against Ukraine. The formation of a national identity is a decisive socio-cultural trend not only for Ukraine, but for the whole of the modern world. The urgency and importance of this problem is expressed in the fact that for some societies, the crisis of national identity has become such forms and scales that overcoming it means not only the choice of an adequate strategy for development, but also becomes a problem of survival. The attention is drawn to the fact that since the establishment of the new Ukrainian state in 1991, Ukrainians haven’t managed to overcome Russian identity with its “friendship of nations” and great Russian culture. The majority of citizens in the new country have preserved the distorted understanding of their own history and state traditions, related to the historical myths and a pantheon of historical heroes and traitors. It is determined that our state must construct its own policy of shaping Ukrainian national identity, which must be implemented in the system of education and upbringing of the younger generation. This context requires giving credence to the researchers’ opinion about the priority of education as the key factor for shaping modern Ukrainian national identity, which serves as the base for the national development, national security, and consolidation of the Ukrainian society. It is with education that modern scholars associate the implementation of the state policy of preserving the united socio-cultural space of Ukraine, the formation of a value system, genuine citizenship and patriotism, the formation of a consolidation of society and Ukrainian national identity. Today, the Ukrainian education is undertaking a journey from de-ideologization and humanization to the national focus on the European vector of transformations. Special attention is paid to the educational strategies: National Education Development Strategy for 2012–2021, Strategy of National and Patriotic Education of Children and Youth for 2016–2020, «Ukraine 2020» Sustainable Development Strategy, etc.


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