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Agile Time Management as an Innovation in an Enterprise

Abstract

The study presents a new innovative approach to the accepted principle of agile enterprise management by using the method of rationalization of the structure of administrative and office work (DZA). Agile enterprise management focused on minimizing costs induces permanent necessity to look for new methods and techniques to achieve the assumed cost targets. Contemporary enterprises have access to a wide range of activities and instruments affecting the formation of costs while running their business. In connection with the above, a research question was posed in the study; how to implement the concept of agile enterprise management based on methods of rationalization of the structure of administrative and office work and lean management? The aim of the paper is to learn and evaluate the applied method of analysis of run times in the system of administrative and office work (DZA Dürchlaufzeitenanalyse) in the context of agile management of the enterprise. The study indicates the advantages and disadvantages of implementing this concept for the enterprise, thus the paper bridges the gap between theory and practice in the selection of instruments to realize of the concept of agile business management. The applied research method is literature studies and descriptive analysis in the field of application of the method of minimizing time of runs. Descriptive analysis was developed based on an example of the activity of a chemical industry enterprise operating in Poland. The research issues are important and up-to-date due to the constant need to maintain cost discipline in the enterprise and the implementation of innovative approaches to seek ways to reduce costs.

Open access
Aspects of the Evolution of the Romanian Tourists’ Preferences Concerning the Domestic Tourist Destinations

Abstract

Tourist services represent a category of services in which the inseparability of production and consumption, the inability to be storable, the immateriality, and last but not least non-durability, induces in tourism management a number of peculiarities and difficulties. Under these circumstances the development of medium-term strategies involves long-term studies regarding on the one hand the developments and characteristics of the demand, and on the other hand the tourist potential analysis at regional and local level. Although in the past 20 years there has been tremendous growth of on-line booking made by household users, the tour operators agencies as well as those with sales activity continue to offer the specific services for a large number of tourists, that number, in the case of domestic tourism, increased by 1.6 times in case of the tour operators and by 4.44 times in case of the agencies with sales activity. At the same time, there have been changes in the preferences of tourists regarding their holiday destinations in Romania. Started on these considerations, paper based on a logistic model, examines the evolution of the probabilities and scores corresponding to the way the Romanian tourists spend their holidays on the types of tourism agencies, actions and tourist areas in Romania.

Open access
Dashboard – Control and Pilot Instrument in the Romanian Patrimonial Entities

Abstract

Assess the performance of a patrimonial entity, its financial position and its change, the degree of risk in an economic and financial environment - socially dynamic, requires information far beyond the scope of financial-accounting information. Therefore, it is necessary to complete the financial data provided by the financial statements with the information on the technical and human potential (equipment quality, modernization, qualification of employees, level of labor productivity, etc.), commercial potential (quality of products / services and distribution network, price level, etc.), the intensity of competition, the position of the entity on the market, the image of the entity and its products / services, etc. All this information can be synthesized on responsibility boards (technical and production, human resources, trade-supply / sales / marketing, etc.) in a dashboard, which is a synoptic, legible and interpretable instrument, carried out with a certain frequency, which highlights the significant deviations between the results achieved and the fixed objectives, in order to ensure the necessary corrections for the good performance of the activity. This communication aims to highlight the results of the research on the importance of the dashboard as a control and pilotage tool for Romanian patrimonial entities.

Open access
Electricity Supply and Economic Diversification in Nigeria (1981-2016)

Abstract

The study examined the impact of electricity supply on economic diversification in Nigeria, using time series data from 1981 to 2016. The study employed descriptive analysis and Autoregressive Distributed Lag (ARDL) techniques. The Augmented Dickey-Fuller unit root test showed that the variables are integrated of different orders.

The result from the Bounds co-integration test to show the presence of a long-run relationship among the variables was inconclusive. The short run (ARDL) model, however, indicated a positive insignificant relationship between electricity supply and economic diversification in Nigeria. The findings of the study revealed that the electricity supply had not played a fundamental role in enhancing economic diversification in Nigeria.

The study, therefore, recommended that for Nigeria to drive economic diversification through electricity supply, the government should fix the electricity supply problem which can be achieved by short-term action to reduce technical faults through maintenance of the transmission and distribution infrastructure or long-term interventions to expand generating capacity.

Open access
Human Capital Development and Macroeconomic Performance in Nigeria: An Autoregressive Distributed Lag (ARDL) Approach

Abstract

While developed and most developing nations have seen the need and continue to invest heavily in the development and training of her manpower as shown by huge budgetary allocations to education and health, Nigeria continues to play politics with her human capital development policy which has been poor and only been effective on paper despite the huge outlay of human capital available at our disposal. This study therefore examined the impact of human capital development on the macroeconomic performance of Nigeria. Using autoregressive distributed lagged model, the study proxied human capital development using government expenditure on education, government expenditure on health, secondary school enrolment rate, and school enrolment rate at tertiary level, while per capita GDP was used as proxy variable for measuring macroeconomic performance.

The results of the estimated short and long run ARDL models indicated, an insignificant and negative relationship between human capital development and gross domestic product per capita (GDPPC) in the short run. Another result of this study is that, only tertiary enrolment rate (TER) has a significant and positive impact on gross domestic product per capita (GDPPC). This finding was an indication of relatively good but insufficient efforts by government to boost human capital. The study concluded that while human capital development is crucial for accelerated macroeconomic performance, government efforts aimed at boosting human capital has had a depressing effect on macroeconomic performance. On the strength of this, the study recommended that government and economic policy makers in Nigeria should place greater emphasis on human capital development.

Open access
Leadership in the Digital Era

Abstract

The new generation, who grew up with social media and the intensive use of information technology, is pouring into the job market, disrupting the corporate culture and leadership models that have been known until now.

If these young experts have unique working methods and a language of their own, they are also at the center of the value creation network. How can a leader cope with these changes and exploit the remarkable potential of this new generation? No Fear builds on the personal experiences of leaders of major international companies and points the way forward for any leader who wants to grow its business and its employees in the digital age.

The digital revolution will pose new challenges to the leaders of the companies. First of all, the proliferation of technological innovations and their rapid diffusion are a major challenge to understand, assimilate and use them wisely. Second, the exponential growth of Internet-based businesses poses a major challenge for those in the old economy that are at risk of a rapid break in their core business.

Open access
Neuro-Linguistic Programming: History, Conception, Fundamentals and Objectives

Abstract

A way of opening new perspectives that has attracted the interest of researchers in counseling and psychotherapy at the beginning of the 1980s is Neuro-linguistic programming (international acronym: NLP). Ϲreated in the 70ꞌs by Βandler R.W. and Grinder J.Т. for the purpose of discovering human excellence, NLP is still considered today one of the “roads” to success, providing the necessary tools to achieve goals. Although the mid-80s’ surveys lowered the importance of the NLP basic ideas, decreasing the interest of Psychology Specialists in the field of Psychology to further research this area, a group of well-known colleagues and students in that period - among which we mention Ϲameron-Βandler, L., DeLozier, J., Dilts, R.Β., Gordon, D., Pucelik, F., Βуron, Α.L., Eicher, J., Муers-Αnderson, М., Gilligan, S.G., Αndreas, S. and Αndreas, Ϲ., Epstein, Т.Α., Hallbom, Т., Smith, S., Reese, E.J., and Reese, М., James, Т., Woodsmall, W., Jacobson S., Lankton, S.R., or Epstein, Т. (and the list may continue) – have made a significant contribution to the development and expansion of NLP since then until the present day.

Open access
Obtaining Value and Performance by Managing Effectively the Customers’ Complaints

Abstract

Customers’ complaints represent an opportunity for any organization who wants to improve relationship with customers, to find out the problems existing into organization and the way to solve them, to improve the amount of knowledge and the desire, beliefs, and needs of customers. All those are made in order to increase value for organization and also for the customers. Having objective information, updated, clear and sincere, the organization may improve the quality of their products and services it offers. Thus, any complaints may be regarded as a gift not as a negative feedback from the customers, or as a two-way feedback based on trust and collaboration. A gift which will bring performance on long term based on win-win situations.

In this article we will disseminate the literature in the field and also we will analyze the results of a research made on 150 respondents who analyzed 10 institutions, the willingness to recommend them to other customers and the problem existing into these institutions, making a plan to overcome them. The objective of this analysis is to understand the role of customers’ complaints in improving the quality of the products and services and of the value obtained both for customers and organizations.

Open access
Qualitative Research in WoS of the Link between Corporate Social Responsibility and Corporate Financial Performance

Abstract

This study aims to analyze the relationships between corporate social responsibility and corporate financial performance using only content analysis from 1971 to 2018 available in all databases of Web of Knowledge. Our findings attempts to fill this void that past researchers are deepening because the uncertainty can be find in lots of papers. If there is a link between CSP and CFP is no longer the question. Our question is what kind of link is it and what is its impact? Some authors are proposing some kind of theories linking this concepts but we must understand better the implications for the companies.

Open access
The Role and the Importance of Human Resources in Obtaining Organization Performances

Abstract

The human resources department represents a particular capital, which needs being listened to, motivation and training for the achievements of the organization’s objectives. The employee contributes or prevents the right turn of the things going on into a company. People are different from each other, and the transfer of practices considered standard in an activity or organization becomes inappropriate in another environment with different cultural and professional values. Human resources specialists avoid passing examples of good practice to other organizations due to the fact that successful recipes in a certain environment are impractical in another.

It is vital to create a motivational climate and an organizational culture that facilitates employee integration into the institution's needs and personal goals to match to organizations. The data was collected by means of a questionnaire applied to a representative sample of teaching staff in pre-university education in Dâmboviţa County. The teachers carry out their activity in academic high schools, technological and vocational schools. The data was used to outline an overview of what human resources are for the organization and to what extent it influences its performance.

Open access