Improving the Company Performance by Using Energy Audit Method

2013 ◽  
Vol 371 ◽  
pp. 827-831
Author(s):  
Andrei Aciobanitei ◽  
Constantin Militaru ◽  
Nancy Khassawneh ◽  
Crinel Vladoi
Keyword(s):  
Technical Analysis ◽  
Company Performance ◽  
Process Performance ◽  
Energy Audit ◽  
Energy Auditing ◽  
A Company ◽  
The Way

This article approaches the technical means to generate savings for companies, and this is accomplished in an ecological manner, by reducing waste of energy. This implies performing deep technical analysis using specific methods and tools for energy auditing of a company building and technical installations. The most effective way for enhance process performance is tuning. The first step is energy audit, the way to determine where energy loses appears and what could be improved in order to eliminate them, thus being more efficient and ecological.

scholarly journals Budaya Organisasi Salah Satu Faktor Penentu Kinerja Karyawan

2020 ◽  
Vol 3 (2) ◽  
pp. 518-523
Author(s):  
Marlina Deliana
Keyword(s):  
Organizational Culture ◽  
Employee Performance ◽  
Company Performance ◽  
Social Culture ◽  
Work Patterns ◽  
Community Culture ◽  
Performance Results ◽  
A Company ◽  
Determining Factor ◽  
The Way

Organizational culture is one of the factors that differentiate the performance results of a company. Organizational culture is proposed to employees as the way a job is done. National and social culture of a country influences organizational culture, based on the Hofstede’s and Trompeneaar’s model, there are dimensions of community culture that influence and shape the values and norms of a founder, employees, and customers of a company. Performance is the result of an employee's ability coupled with effort and support. The ability of an influential person is influenced by talent and interest, while effort is influenced by motivation, incentives and work patterns. The importance of organizational culture on employee performance has two research views. Some researchers consider that organizational culture has no significant effect on performance, while some studies prove that organizational culture has a positive and significant effect on employee performance. Organizational culture that is found in many Indonesians organizational culture is a hierarchical culture, which focuses on control and stability associated with the bureaucratic system. So that this becomes one of the factors, where organizational culture is not a determining factor for improving performance.

scholarly journals Universal corporate governance standards: recommendations following the global financial crisis

2014 ◽  
Vol 11 (3) ◽  
pp. 438-446
Author(s):  
Ronald Henry Mynhardt
Keyword(s):  
Corporate Governance ◽  
Financial Crisis ◽  
Global Financial Crisis ◽  
The Global Financial Crisis ◽  
A Company ◽  
The Way

Corporate governance can be defined as: the set of processes, customs, policies, laws and institutions affecting the way a company is directed, administered or controlled. Suggestions were investigated that the global financial crisis revealed severe shortcomings in corporate governance. Research was conducted to establish whether these suggestions are accurate. The study found that it appeared that corporate governance has failed and action needs to be taken. The study recommends that a world supervisory body on corporate governance be established. It also proposes that a summit be called to discuss and create such an authority. In addition, the formulation of a set of universal corporate governance standards for implementation by the members was suggested

scholarly journals Controlling and the Use of UAVs as Important Components of Smart Logistical Operations

2021 ◽  
Vol 12 (1) ◽  
pp. 192-203
Author(s):  
Martin Holubčík ◽  
Jakub Soviar
Keyword(s):  
Decision Making ◽  
Internal State ◽  
Good Decision ◽  
Interdisciplinary Field ◽  
Different Types ◽  
Way Of Thinking ◽  
Set Up ◽  
Controlling Measures ◽  
A Company ◽  
The Way

Abstract Modern controlling is an interdisciplinary field that allows management to manage properly, thereby creating the basis for good decision-making. Logistics operations in smart companies need to be not only properly set up, but also properly controlled and improved. The purpose of the article is to analyze the controlling environment in a selected company and point out possible improvements in logistics activities and devices, with a view to preventing different types of problems. For this purpose, observations of the internal logistics processes in a selected company were used and quantified to assess its internal state. On the basis of the data, controlling measures are put forward to improve the management of the company’s logistics activities. The results of the research highlight the opportunities that exist through controlling activities to collect and analyze information about the logistics activities of a company. By doing so, employees can be given greater responsibility for the fulfilment of their tasks and contribute to the streamlining of logistics processes. For managers, the implementation of controlling represents a change in the way of thinking and managing a company.

scholarly journals Energy auditing and energy saving measures in 'Zastava Automobili' factory

2009 ◽  
Vol 13 (1) ◽  
pp. 185-193 ◽  
Author(s):  
Dusan Gordic ◽  
Milun Babic ◽  
Dubravka Jelic ◽  
Davor Koncalovic ◽  
Nebojsa Jovicic ◽  
...  
Keyword(s):  
Energy Efficiency ◽  
Energy Saving ◽  
Feasibility Studies ◽  
Hot Water ◽  
Compressed Air ◽  
Energy Sources ◽  
Energy Costs ◽  
Energy Audit ◽  
Energy Auditing ◽  
Economical Feasibility

This paper deals with energy audit procedure implemented on only Serbian car manufacturer 'Zastava Automobili'. Based on the results of energy auditing and performed technological and economical feasibility studies several energy saving measures were proposed. The measures are related to different energy sources: steam, hot water, compressed air, electricity, and water. Such energy efficiency programs reduce energy costs and increase production profitability of the factory.

scholarly journals Energy Auditing in Electrical Sciences Block

2019 ◽  
Vol 8 (2S11) ◽  
pp. 3380-3385
Keyword(s):  
Energy Consumption ◽  
Energy Management ◽  
Energy Flow ◽  
Operational Cost ◽  
Energy Audit ◽  
Conservation Of Energy ◽  
Procedural Approach ◽  
Collective Data ◽  
Energy Auditing ◽  
Clear Description

The energy consumption has seen a vast increment because of which the use of non-sustainable sources has increased drastically. Due to this steep increase, the need of energy auditing and conservation has also increased. Growing demand for energy directly increases emission of effluents, causing environmental catastrophe. To tackle this problem a collaboration between energy audit and conservation conservation of energy is required. Energy audit is a procedural approach which is used for a clear description of the energy flow and energy management. This collective data helps in calculating the efficiency and minimizing operational cost. The aim of this project is to carry out the energy audit for the Electrical Sciences Block (ESB) of SRM INSTITUTE OF SCIENCE AND TECHNOLOGY. The main purpose of the following literature is to give a clear picture of the energy details of the ESB block.

scholarly journals El impacto de los servicios financieros y la capacitación de las MIPYMES de Costa Rica (The impact of financial services and managerial Training on Costa Rica SMEs)

2014 ◽  
Vol 8 (1) ◽  
pp. 19 ◽  
Author(s):  
Ricardo Monge González ◽  
Juan Antonio Rodríguez Álvarez
Keyword(s):  
Costa Rica ◽  
Financial Services ◽  
Medium Size ◽  
Company Performance ◽  
Access To Credit ◽  
Managerial Training ◽  
El Sistema ◽  
Training Courses ◽  
The Impact ◽  
A Company

<p>Este trabajo estima el impacto de los servicios financieros (diferentes del crédito) y los cursos de capacitación de corto plazo sobre las ventas reales, número de empleados, grado de formalización y acceso al crédito en el sistema financiero formal, de un conjunto de micro, pequeñas y medianas empresas clientes de una entidad de microfinanzas que opera en Costa Rica. Para ello, se emplea un panel de datos de cinco años (2006 a 2010) y modelos econométricos que tratan de controlar por atributos de las empresas, tanto observables como no observables, que afectan el desempeño de las variables sobre las cuales se mide el impacto. Los resultados señalan que aquellas empresas que recibieron servicios financieros diferentes del crédito lograron aumentar más el valor de sus ventas y el empleo, y también mejoraron su grado de formalización (aunque este resultado es débil estadísticamente), cuando se las compara con aquellas que no obtuvieron acceso a este tipo de financiamiento. Además, parecería ser que las garantías de participación y cumplimiento son el instrumento financiero que más impacta en forma positiva el desempeño de estas empresas. Por otra parte, no se obtuvo evidencia de que los servicios de capacitación de corta duración tuvieran algún impacto sobre el desempeño de estas empresas. Con base en todo lo anterior se plantean varias recomendaciones de política.</p><p> </p><p><strong>Abstract </strong></p><p>This paper considers the impact that financial services other than credit, and short term training courses have on total sales, employee number, level of formalization and access to credit in the regular financial system for a group of micro, small and medium size enterprises that are clients of a micro financing entity operating in Costa Rica. With this aim, data collected over five years (2006 to 2010), and econometric models that monitor a company`s performance by visible and non-visible attributes affecting measuring variables were used. Results show that the companies that received financial services other than the credit itself increased sales and employment more , and also improved their level of formalization (although the latter is statistically weak), when compared to others that did not had access to this type of financing. Also, it seems that participation and compliance guarantees are the most impacting financial instrument on company performance. On the other hand, no evidence was obtained about short training courses had any impact on company performance. Finally, some policy changes are recommended.<strong><br /></strong></p>

scholarly journals The Role of Communication in Enhancing Work Effectiveness of an Organization

2017 ◽  
Vol 22 (1) ◽  
pp. 49-57 ◽  
Author(s):  
George Bucăţa ◽  
Alexandru Marius Rizescu
Keyword(s):  
Leadership Skills ◽  
Team Leadership ◽  
Management Skills ◽  
Work Effectiveness ◽  
A Company ◽  
The Way

Abstract Communication is one of the most important levers of management that a company can implement for the formation of teams and achieving valuable performance. Communication and management are complementary disciplines and strong business elements for success. Management skills are essential in a business, but all equally important are those relating to the rules for the communication and the way in which a manager knows how to interact with his staff. Being manager not only means to rein in business, but mostly means knowing to coordinate a team, leadership skills and most of all, communicate.

14. The articles of a private company

Business Law ◽  
2021 ◽  
pp. 145-153
Author(s):  
J. Scott Slorach ◽  
Jason Ellis
Keyword(s):  
Private Company ◽  
A Company ◽  
The Way

This chapter considers some of the major issues which the articles of association of a private company are likely to address and the way in which the articles of a company can be altered and any restrictions thereto. It covers provisions concerning shares and membership; provisions concerning meetings of shareholders; provisions concerning directors; single member companies; and alteration of articles.

14. Shareholders

2017 ◽  
Author(s):  
Derek French
Keyword(s):  
Decision Making ◽  
Company Law ◽  
Annual General ◽  
Private Companies ◽  
Holding Company ◽  
Wholly Owned Subsidiary ◽  
Mandatory Rules ◽  
Class Rights ◽  
A Company ◽  
The Way

This chapter focuses on the members or shareholders of a company and the way in which they take decisions on the company’s affairs by written resolution using a statutory procedure. It begins by considering the rules which determine who is a member of a company and the information on the members which a company must record. It then describes the mandatory rules of company law that allow members to participate in decision-making with regards to a company’s affairs; members’ class rights and the alteration of such rights; and the definitions of holding company, subsidiary and wholly owned subsidiary. Relevant provisions of the Companies Act 2006 governing written resolutions of private companies, meetings and annual general meetings, voting, adjournment of meetings and authorisation of political donations by companies are also discussed. The chapter analyses a number of particularly significant cases.

scholarly journals How Are Company Size, Financial Performance and Corporate Governance Related to Directors' Remuneration?

2020 ◽  
Vol 11 (6) ◽  
pp. 12
Author(s):  
Norziana Lokman ◽  
Fattiadriati Mohd Tareh
Keyword(s):  
Corporate Governance ◽  
Financial Performance ◽  
Financial Reporting ◽  
Pearson Correlation ◽  
Annual Reports ◽  
Company Size ◽  
Company Performance ◽  
Ceo Duality ◽  
The Relationship ◽  
A Company

This study examined the relationship between the company-specific characteristics, namely, company size, company performance, and company leverage and the corporate governance attributes of a company which includes CEO duality and remuneration committee independence as the predictor factors that determine directors’ remuneration. A sample of 260 public listed companies on Bursa Malaysia was selected using stratified random sampling for the financial reporting of 2018. All data concerning the company characteristics and corporate governance attributes were obtained from the annual reports of the companies, which can be accessed from the Bursa Malaysia website. Pearson correlation and multi-regression analysis were used to analyse the data to determine the relationship of the predictor variables with director remuneration. On the one hand, the results of the study showed that directors’ remuneration is positively and significantly related to the size of the company. On the other hand, the financial performance of a company is positively but weakly related to directors remuneration. The remaining predictors have no relationship with directors’ remuneration. The finding suggested that the key determinant factor of directors’ remuneration is company size whereas company performance may have a small impact. Lastly, company compliance with the recommendation of the Malaysian Code on Corporate Governance did not guarantee the effectiveness of the monitoring function of the remuneration committee in ensuring that directors’ remuneration is commensurate with company performance. The result of the study provides additional evidence and support that company size and financial performance are linked to director remuneration. Also the finding of the study reconfirmed prior study that board leadership structure (CEO duality) and remuneration committee independent have no impact on directors’ remuneration.

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