Continuous Improvement Relationship to Risk Management

2020 ◽  
pp. 697-712
Author(s):  
Brian J. Galli
Keyword(s):  
Risk Management ◽  
Continuous Improvement ◽  
Competitive Market ◽  
Developing Strategy ◽  
Key Factors ◽  
The World ◽  
Different Types ◽  
The Relationship ◽  
A Company

In order for a company to economically survive, it needs to compete with a highly competitive market. The world is changing fast, adding different types of risks to companies. So, companies need to not only meet requirements but also exceed them. At the same time, companies are required to lower the level of risks they may encounter. As a result, continuous improvement and risk management should be key factors to insure company success. This study explores the relationship between the two concepts and gives examples where the interconnections between them exist. Also, the study explains the important key components of continuous improvement and the classifications of risk management. Finally, this article focuses on three aspects, managing complaints, developing strategy, and creating a suitable culture. These aspects are evaluated based on the relationship between continuous improvement and risk management.

Continuous Improvement Relationship to Risk Management

2018 ◽  
Vol 5 (2) ◽  
pp. 1-14 ◽  
Author(s):  
Brian J. Galli
Keyword(s):  
Risk Management ◽  
Continuous Improvement ◽  
Competitive Market ◽  
Developing Strategy ◽  
Key Factors ◽  
The World ◽  
Different Types ◽  
The Relationship ◽  
A Company

In order for a company to economically survive, it needs to compete with a highly competitive market. The world is changing fast, adding different types of risks to companies. So, companies need to not only meet requirements but also exceed them. At the same time, companies are required to lower the level of risks they may encounter. As a result, continuous improvement and risk management should be key factors to insure company success. This study explores the relationship between the two concepts and gives examples where the interconnections between them exist. Also, the study explains the important key components of continuous improvement and the classifications of risk management. Finally, this article focuses on three aspects, managing complaints, developing strategy, and creating a suitable culture. These aspects are evaluated based on the relationship between continuous improvement and risk management.

Comprehensive Effects of Short-Term Rental Platforms Across Hotel Types in U.S. and International Destinations

2021 ◽  
pp. 193896552110335
Author(s):  
John W. O’Neill ◽  
Jihwan Yeon
Keyword(s):  
Service Providers ◽  
Comprehensive Analysis ◽  
Competitive Market ◽  
Substitution Effects ◽  
Short Term ◽  
Hotel Performance ◽  
The World ◽  
Different Types ◽  
Location Type ◽  
The Impact

In recent years, short-term rental platforms in the lodging sector, including Airbnb, VRBO, and HomeAway, have received extensive attention and emerged as potentially alternative suppliers of services traditionally provided by established commercial accommodation providers, that is, hotels. Short-term rentals have dramatically increased the available supply of rooms for visitors to multiple international destinations, potentially siphoning demand away from hotels to short-term rental businesses. In a competitive market, an increase in supply with constant demand would negatively influence incumbent service providers. In this article, we examine the substitution effects of short-term rental supply on hotel performance in different cities around the world. Specifically, we comprehensively investigate the substitution effects of short-term rental supply on hotel performance based on hotel class, location type, and region. Furthermore, we segment the short-term rental supply based on its types of accommodations, that is, shared rooms, private rooms, and entire homes, and both examine and quantify the differential effects of these types of short-term rentals on different types of hotels. This study offers a comprehensive analysis regarding the impact of multiple short-term rental platforms on hotel performance and offers both conceptual and practical insights regarding the nature and extent of the effects that were identified.

scholarly journals Post-Traumatic Growth in Cancer Survivors: Narrative Markers and Functions of The Experience's Transformation

2016 ◽  
Author(s):  
Maria Luisa Martino ◽  
Maria Francesca Freda
Keyword(s):  
Cancer Survivors ◽  
Mixed Method ◽  
The Self ◽  
Traumatic Experience ◽  
Post Traumatic Growth ◽  
The World ◽  
Different Types ◽  
Post Traumatic ◽  
Transformative Function ◽  
The Relationship

The concept that a traumatic experience, such as a cancer, can lead to a positive change and transformation of self, life and relationships was named as post-traumatic growth (PTG). A large amount of research measured PTG in cancer survivors arguing an interpretation of the construct as an outcome. Recently, qualitative research shows different types of narrative of PTG, but the narrative markers and their functions of transformation remain still unclear. Within a mixed-method, we aim to highlight the narrative markers and their transformative functions, underlying the PTG, within 12 cancer survivors’ narratives with medium/high and medium/low level of PTG. A redemptive sequence analysis was carried out. In the narratives with high/medium PTG we find a specific transformative function on-thinking focused transformation founded on the change/expansion of the own internal criteria to interpret the relationship with the world centralizing the self in the present and future; in the narratives with medium/low PTG we find an on-acting focused transformation, founded on the change of the operational procedures aimed to live centered on the present and on its moments.

Energy Efficiency of Vehicles

2020 ◽  
Author(s):  
Doug Carroll
Keyword(s):  
Energy Efficiency ◽  
Scientific Knowledge ◽  
Fuel Economy ◽  
Environmental Consequences ◽  
Energy Models ◽  
The World ◽  
Different Types ◽  
The Impact ◽  
The Relationship ◽  
Rational Decisions

Energy Efficiency of Vehicles educates readers about energy and the environment and the relationship between the energy we use and the environment. The world is at a point in time when people need to make very important decisions about energy in the next few decades. This book enables readers to utilize our scientific knowledge to make good rational decisions. Energy Efficiency of Vehicles provides information on: Calculations related to energy, power, and efficiency, and the impact of using different types of energy on the environment. Environmental consequences of consuming energy. Models related to impact of city driving on the energy efficiency and fuel economy of cars and trucks.

Impact and Role of Motivation Theories in Continuous Improvement Environments

2020 ◽  
Vol 11 (1) ◽  
pp. 1-13
Author(s):  
Brian J. Galli
Keyword(s):  
Continuous Improvement ◽  
Working Conditions ◽  
Job Design ◽  
Internal Communication ◽  
Future Studies ◽  
The World ◽  
Multiple Variables ◽  
Quality And Reliability ◽  
The Relationship

A large number of the well-performing organizations in the world are believed to have better environments that produce highly motivated employees to attain their goals. As noted in the various literatures reviewed in this study, improved working conditions in companies, such as Dell Technologies and Apple Inc., are responsible for the overall organizational success within the highly contested market. When employees are motivated, they also work towards improving the conditions within the workplaces, so the relationship between the two is mutual. In addition, pay satisfaction, job design, and internal communication of an organization contributes to its workforce motivation, which results in improved productivity for the entire organization. On the other hand, highly motivated employees encourage organizational managers to offer better payment to their organizations, to attain satisfactory job design, and to improve internal communication. Even though this study utilized few articles in the literature review, its findings significantly contribute to the modern literature. However, future studies should consider using more materials and multiple variables to improve the quality and reliability of the outcomes.

scholarly journals SUSTAINABLE DEVELOPMENT GOALS DISCLOSURES AND COMPANY VALUES

2020 ◽  
Vol 19 (1) ◽  
pp. 29-45
Author(s):  
Elin Erlina Sasanti ◽  
Susi Retna Cahyaningtyas ◽  
R. Sapto Hendri Boedi Soesatyo
Keyword(s):  
Sustainable Development ◽  
Global Governance ◽  
Sustainable Development Goals ◽  
High Profile ◽  
Company Value ◽  
The World ◽  
Different Types ◽  
Development Goals ◽  
Sustainability Reports ◽  
The Relationship

The existence of a global governance agenda requires companies all over the world to get involved in implementing Sustainable Development Goals (SDGs). However, previous study showed that corporate involvement in the achievement of SDGs is overall still limited and question on the company motives to disclose SDGs remains unclear. Therefore, the objective of this study is to analyze the association between SDGs disclosures and company values. This study also aimed to analyze the moderating effect of type of industry on the association between SDGs disclosures and company values. Study was conducted on companies listed in IDX, which disclosed SDGs in their Sustainability Reports. The results of this study suggest SDGs disclosures is associated to company value, which confirmed the signaling motives in the involvement of corporate SDGs. The results also showed that different types of industry could weaken the relationship between SDGs disclosure and company values, when associated with high-profile industry companies.

scholarly journals Evaluating the Relationship between Investment in Innovation and the Volume of Sold Innovative Products in the Industry of Ukraine

2020 ◽  
Vol 3 (3) ◽  
pp. 67-79
Author(s):  
Larysa Kovchuha
Keyword(s):  
Regression Analysis ◽  
New Products ◽  
Time Lag ◽  
Scientific Research ◽  
Correlation And Regression Analysis ◽  
Different Types ◽  
Innovative Products ◽  
The Relationship ◽  
A Company

Applying the correlation and regression analysis, the study of the relationship between the volume and structure of innovation costs and the volume of sold innovative products (SIP) in industry was carried out on the example of Ukraine. The time lag of the costs-of-sales impact was also considered. It was hypothesized that the total volume of sold innovative products and their structure (the share of new products for the market, the share of products sold abroad) depend on different types of investment in innovation. The correlation and regression analysis showed that the components of investment in innovation influenced differently the volume and structure of SIP, which confirmed the hypothesis. The total amount of SIP largely depends on the level of costs to purchase machinery, equipment and software, as well as costs related to the component "Other". Positive dynamics of sold innovative products that are new to the market, as well as the products sold abroad, is largely determined by the volume of expenditures on external scientific research. Thus, by influencing the structure of investment in innovation, a company can significantly increase the level of its competitiveness.   

scholarly journals Le rapport a la santé des travailleurs: contextes et stratégies

2020 ◽  
Vol 9 (2) ◽  
pp. 72-89
Author(s):  
Philippe Sarnin ◽  
Christine Durif-Bruckert ◽  
Sabrina Rouat
Keyword(s):  
Health Status ◽  
Large Firm ◽  
Organizational Factors ◽  
Combined Processes ◽  
Objective Health ◽  
The World ◽  
Different Types ◽  
The Individual ◽  
The Relationship ◽  
Unique Relationship

The purpose of this paper is to report, from a qualitative study, the individual and organizational factors andprocesses that lead an employee to build a unique relationship to is health. We discuss these processes in relationto the construction of health among a sample of 34 „workers” selected in diverse contexts, considering health asa dynamic and co-constructed object. From biographical interviews and records of interactions between workersand professionals who support them, we analyze we analyze the transactions made between work and health.These transactions, which are defined in dynamic and combined processes (psychological, cognitive, interactiveand organizational), contribute to define the orientation of the relationship to work, the professional route, anddetermine the evolution of more objective health status and how it can be seen, lived and managed individually.This article examines three different contexts: small business employees, employees of a large firm, and job seekers.These three contexts are related with different types of strategies implemented by individuals on their healthin relation to their position in the world of work.

scholarly journals Contrivance of 5s System to Effectuate Higher Productivity in Apparel Industries

2020 ◽  
pp. 21-28
Author(s):  
Jaglul Hoque Mridha ◽  
A.M. Riasat Alam ◽  
Tanvir Mahmud ◽  
Tanvir Ahmed
Keyword(s):  
Continuous Improvement ◽  
International Market ◽  
Export Earning ◽  
Maximum Efficiency ◽  
Minimum Loss ◽  
Continuous Improvement Process ◽  
The World ◽  
Different Types ◽  
Huge Impact ◽  
Micro Level

Bangladesh is the second largest exporter of readymade garment (RMG) products in the world after China. Above 80% of its total export earning is contributed by the RMG sector which has a huge impact on the economy of the country. At present this RMG sector is facing many threats and challenges to hold its flourishing position because of the entrance of new competitors both in the national and international market. To overcome these challenges continuous improvement is required to a great extent. This paper experiments execution of 5S approach to a production scenario in a garments industry. 5S method should be improved to ensure ergonomics in the workplace, to reduce defects and increase cleaning and productivity growth. It is one of the fundamental tools to intensify continuous improvement process in organizations and represents a transformation in 5 steps of a job, which is characterized by maximum efficiency at the micro level and minimum loss. Any company applying the 5S methodology will have reduction of different types of waste, efficient workflow due to lesser machine breakdowns, lower defect rates, reduced inventory and effective problem visualization, visible and swift results in an efficient way.

scholarly journals New Managerial Paradigm: Manager–Stakeholder Instead of Manager–Employee

2021 ◽  
Vol 27 (1) ◽  
pp. 216-223
Author(s):  
Ovidiu Nicolescu ◽  
Ciprian Nicolescu
Keyword(s):  
Management System ◽  
The World ◽  
Present Context ◽  
The Relationship ◽  
A Company

Abstract This paper aims to propose a change of the management paradigm by placing in the foreground the relationship between manager and stakeholder instead of the manager–subordinate relationship. The new managerial paradigm comes as a result of the wide-ranging mutations that have taken place in recent decades at the level of societies, economies and organizations around the world, which have forced the change of traditional managerial approaches. The work emphasizes why is necessary and possible to change the management paradigm in the present context, taking into consideration managerial and organizational arguments, that are based on observations, suggestions and recommendations of numerous specialists. Also, there are highlighted the quantitative and the qualitative differences between managerial paradigm focused on stakeholders and classical managerial paradigm of manager–employee, as well as the main advantages of a company stakeholder-based management system.

Sign in / Sign up

Export Citation Format

Share Document