scholarly journals Project Management Skills in Malaysian Economic Sectors

2021 ◽  
Vol 4 (4) ◽  
pp. 10-16
Author(s):  
Rukmani P ◽  
◽  
Kamran Shavarebi ◽  
Keyword(s):  
Project Management ◽  
Curriculum Design ◽  
Skills Gap ◽  
Management Skills ◽  
Economic Sectors ◽  
Demand And Supply ◽  
Proposed Model ◽  
Conceptual Study ◽  
The Impact ◽  
Job Mismatch

Objective of this conceptual study is to investigate the demand for project management skills in Malaysian economic sectors and to develop strategies on narrowing down the project management talent gap to enable the nation in leveraging on project management talents to implement strategic initiatives, driving change, and delivering innovation to Malaysia whilst contributing to nation’s productivity and standard of living. Previous studies on project management skills demand in Malaysian economic sector is limited, mostly related to non-Malaysian economies and other areas of skills. Demand and supply theory based on Graduate Tracer Study is used as basis to understand and close the gap in project management skills demand and project management talent shortages and, in consideration of potential job mismatch due to traits of workers and the impact of curriculum design on employability competence. This study on project management skills in Malaysia will serve as basis to identify the project management skills gap in Malaysian economic sectors. Proposed model of strategies expected to be developed in this study is aimed to provide granular level insights for government in adopting more targeted approach in meeting the demand for project management skills and narrowing down project management talent shortages.

The Impact of Defense Investment on Economic Growth in the Perspective of Time Series

2014 ◽  
Vol 5 (4) ◽  
pp. 44-58
Author(s):  
Bin Pan ◽  
Shih-Yung Wei ◽  
Xuanhua Xu ◽  
Wei-Chiang Hong
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Private Investment ◽  
Investment Risk ◽  
Demand And Supply ◽  
Economic Growth Rate ◽  
Proposed Model ◽  
Endogenous Growth Model ◽  
The Impact ◽  
The Relationship

By considering the demand and supply effects of defense investment and the uncertainty of the stochastic process of the production and defense investment, this study proposes a stochastic endogenous growth model to explore the impact of defense investment on economic growth. The results suggest that the relationship between defense investment and economic growth rate is nonlinear and obtains the optimal percentage of defense investment to maximize economic growth. Moreover, the impact of defense investment volatility on economic growth rate is subject to production and defense investment interference term's covariance and representative private investment risk preference. Finally, the empirical data are used to illustrate the applicability of the proposed model.

scholarly journals Global City in a Global Pandemic: Assessing the Ongoing Impact of COVID Induced Trends on London’s Economic Sectors

2020 ◽  
Author(s):  
Dylan Anderson ◽  
Rachel Hesketh ◽  
Mark Kleinman ◽  
Jonathan Portes
Keyword(s):  
Producer Services ◽  
Economic Sectors ◽  
Economic Implications ◽  
Demand And Supply ◽  
Industrial Sectors ◽  
Global Pandemic ◽  
The Uk ◽  
The Impact ◽  
The City

Over the last 50 years, London has successfully adapted to technological change and globalization, making it the major driver of the UK economy. But its strengths have also made the city particularly vulnerable to the health impacts of COVID-19, and potentially also to wider negative economic implications of the crisis. Many of London’s key sectors rely on proximity, agglomeration economies and externalities. We evaluate the available data on the impact of the pandemic on London to date, with a particular focus on the differential effects between sectors. We also identify seven key trends, affecting both the demand and supply side of the economy, that are likely to have significant medium- to long-term economic impacts, and assess the potential impacts on London’s major industrial sectors. Our findings suggest that COVID-19 may further accentuate the existing divide between globally competitive advanced producer services and more locally focused sectors providing lower-value personal and household services, posing a number of significant policy challenges.

Test of Mediation and Moderation between Employee Empathy and Customers’ Advocacy

2020 ◽  
Author(s):  
Sajjad Ahmad Afridi ◽  
Asad Shahjehan ◽  
Maqsood Haider ◽  
Dr Uzma Munawar
Keyword(s):  
Factor Analysis ◽  
Customer Loyalty ◽  
Service Sector ◽  
Mediating Effect ◽  
First Line ◽  
Private Hospitals ◽  
Proposed Model ◽  
Confirmatory Factor ◽  
The Impact ◽  
Significant Moderator

This study examined the impact of employee empathy on customers’ advocacy directly and indirectly through customers’ loyalty. Moreover, the interacting effect of customers’ trust was verified between the association of customers’ loyalty and advocacy. The attributes of the proposed model were examined in the context of first line employee and patients’ interactions. A total of 220 responses were collected for analysis from the private hospitals of Peshawar. The model fitness was confirmed through confirmatory factor analysis and hypotheses were examined. Findings confirmed the positive and significant impact of employee empathy on customers’ advocacy. Further, the mediating effect was examined and found that loyalty partially mediates employee empathy and customers’ advocacy. Additionally, trust was found a significant moderator between the association of customer loyalty and advocacy. Furthermore, findings revealed that trust based loyalty significantly and positively mediates employee empathy and customers’ advocacy. Findings of the present study provide understanding for the service sector, particularly in healthcare, to enhance customers’ loyalty, advocacy, and trust through service employee’s empathic aptitude. Keywords: Employee empathy, Service Eco-system, Customers’ Loyalty, Customers’ Advocacy, Trust-Based Loyalty, Healthcare, S-D Logic

Designing a CRM Framework for online & offline sports footwear retailers

2015 ◽  
Vol 3 (1) ◽  
Author(s):  
Rodrigo Cueva ◽  
Guillem Rufian ◽  
Maria Gabriela Valdes
Keyword(s):  
Environmental Changes ◽  
Customer Relationship ◽  
Business Strategies ◽  
Economic Sectors ◽  
Running Shoes ◽  
Brick And Mortar ◽  
Key Factor ◽  
On Line ◽  
The Impact

The use of Customer Relationship Managers to foster customers loyalty has become one of the most common business strategies in the past years.  However, CRM solutions do not fill the abundance of happily ever-after relationships that business needs, and each client’s perception is different in the buying process.  Therefore, the experience must be precise, in order to extend the loyalty period of a customer as much as possible. One of the economic sectors in which CRM’s have improved this experience is retailing, where the personalized attention to the customer is a key factor.  However, brick and mortar experiences are not enough to be aware in how environmental changes could affect the industry trends in the long term.  A base unified theoretical framework must be taken into consideration, in order to develop an adaptable model for constructing or implementing CRMs into companies. Thanks to this approximation, the information is complemented, and the outcome will increment the quality in any Marketing/Sales initiative. The goal of this article is to explore the different factors grouped by three main domains within the impact of service quality, from a consumer’s perspective, in both on-line and off-line retailing sector.  Secondly, we plan to go a step further and extract base guidelines about previous analysis for designing CRM’s solutions focused on the loyalty of the customers for a specific retailing sector and its product: Sports Running Shoes.

What is the Business with AI? Preparing Future Decision Makers and Leaders

2020 ◽  
Author(s):  
Helena S. Wisniewski
Keyword(s):  
Data Science ◽  
Decision Makers ◽  
Management Skills ◽  
Business Courses ◽  
College Of Business ◽  
College Of Engineering ◽  
Investment Firm ◽  
Business Curricula ◽  
The University ◽  
The Impact

With companies now recognizing how artificial intelligence (AI), digitalization, the internet of things (IoT), and data science affect value creation and the maintenance of a competitive advantage, their demand for talented individuals with both management skills and a strong understanding of technology will grow dramatically. There is a need to prepare and train our current and future decision makers and leaders to have an understanding of AI and data science, the significant impact these technologies are having on business, how to develop AI strategies, and the impact all of this will have on their employees’ roles. This paper discusses how business schools can fulfill this need by incorporating AI into their business curricula, not only as stand-alone courses but also integrated into traditional business sequences, and establishing interdisciplinary efforts and collaborative industry partnerships. This article describes how the College of Business and Public Policy (CBPP) at the University of Alaska Anchorage is implementing multiple approaches to meet these needs and prepare future leaders and decision makers. These approaches include a detailed description of CBPP’s first AI course and related student successes, the integration of AI into additional business courses such as entrepreneurship and GSCM, and the creation of an AI and Data Science Lab in partnership with the College of Engineering and an investment firm.

Exhibition and Trade Fair Activity and Economic Crises: response measures and factors for recovery

Communicology ◽  
2020 ◽  
Vol 8 (2) ◽  
pp. 80-89
Author(s):  
A.A. Nazarov
Keyword(s):  
Trade Fair ◽  
Government Support ◽  
Economic Sectors ◽  
Current Crisis ◽  
Governmental Organizations ◽  
Non Governmental Organizations ◽  
Multiplier Effect ◽  
Response Measures ◽  
The Impact ◽  
Exhibition Industry

The paper represents the analysis of the impact on the exhibition and trade fair activity of the Russian Federation during crisis situations caused by external factors. The author examined the major anticrisis measures, industry statistics and the main trends in the postcrisis phase. The fundamental role of the exhibition industry as a tool is caused by stimulation of economic sectors recovery from the crisis due to the multiplier effect. The particular relevance of the article is justified by a comprehensive study of the state of the industry during the current crisis caused by the COVID-19 pandemic. The author provides an overview of main government support measures for the industry and explains factors that have reduced some of these measures. Also, the author examined in detail activities of non-governmental organizations and associations of the exhibition industry in lobbying for the provision of state support and educational and legal assistance to Russian exhibition companies. Thus, the importance of coordinating activities of all participants in the exhibition industry and, in particular, further consolidation of interaction at the level of industry associations, becomes apparent. Besides, the author suggests a number of measures, such as highlighting exhibitions, trade fairs and congresses from the list of mass events following the example of Germany, introducing insurability for exhibition organizers in case of postponement or cancellation of events due to emergency circumstances, standardizing public health and hygiene rules. Their practical application should mitigate the way out of the current situation.

The impact of duration observations on precision of results GNSS measurements

2017 ◽  
Vol 921 (3) ◽  
pp. 7-13 ◽  
Author(s):  
S.V. Grishko
Keyword(s):  
Measurement Accuracy ◽  
Functional Dependence ◽  
Observation Time ◽  
Satellite Networks ◽  
Satellite Measurements ◽  
Proposed Model ◽  
Actual Error ◽  
Gnss Measurements ◽  
The Impact ◽  
Qualitative Characteristics

This paper shows that the accuracy of relative satellite measurements depend not only on the length of the baseline, as it is regulated by the rating formula of accuracy of GNSS equipment, but also on the duration of observations. As a result of the strict adjustment much redundant satellite networks with different duration of observations obtained covariance matrix of baselines, the most realistic reflecting the actual error of satellite observations. Research of forms of communication of these errors from length of the baseline and duration of its measurement is executed. A significant influence of solar activity on accuracy of satellite measurements, in general, leads to unequal similar series of measurements made at different periods, for example, in the production of monitoring activities. The model of approximation of the functional dependence of accuracy of the baseline from its length and duration of observations having good qualitative characteristics is offered. Based on the proposed model, we analyzed the dynamics of changes in measurement accuracy with an increase in observation time.

On the devaluation of expert opinion or why do we need a law about the basics of expert activity

2020 ◽  
Vol 22 (3) ◽  
pp. 19-24
Author(s):  
MARAT R. BIKTIMIROV ◽  
◽  
OLGA V. PILIPENKO ◽  
MAXIM S. SAFONOV ◽  
◽  
...  
Keyword(s):  
Project Management ◽  
Structural Analysis ◽  
Expert Opinion ◽  
Knowledge Economy ◽  
Rapid Development ◽  
Digital Technologies ◽  
Accurate Assessment ◽  
Industrial Management ◽  
The Impact ◽  
Creative Construction

Taking practical responsible decisions in the field of social and industrial management in the context of rapid development of digital technologies in the era of the knowledge economy is impossible without reliance on expertise. A kind of organization of activities for the production of ‘predictions’ is required, when not only an accurate assessment of the impact of certain factors and their possible interactions with each other is given, but also as a result of creative construction of scenarios for the development of processes and events, an understanding comes which factors need to be taken into account. At the same time, the expertise constantly faces criticism, calling the conclusions of experts arbitrary, unreliable and subjective. Often, expertise is confused with monitoring, evaluation, diagnosis, inspection or counseling. The authors of the article carried out a structural analysis of the content of the expertise processes in the project management vector in the digitalization era and came to the conclusion that the effectiveness of the expertise is significantly increased in case of clear regulation of this type of activity, providing the necessary status.

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