International Journal of Business Excellence (117 papers in press)
The Adoption of Lean Principles and Practices: Transforming Human Resources Delivery System Model
by Gregory Mundth, William Mothersell, Jaideep Motwani, Michael Moore
Abstract: The use and application of lean has continued to diffuse across industrial sectors and in the past decades has begun to attract increased interest in the public sectors in general and in higher education institutions in particular. This paper is a case study of the adaptation of lean principles and practices to drive improvement efforts in an HR function at a large public university. The study identifies how HR was able to successfully adapt lean principles and practices to improve organizational processes and systems.
Keywords: lean production; lean principles; human resources; lean transformation; service industry; higher education; lean HR.
'Application of MQL for Developing Sustainable EDM and Process Parameter Optimization using ANN and GRA Method'
by Srinivas Viswanth, R. Ramanujam, Rajyalakshmi Gajjela
Abstract: This paper addresses the experimental-based optimisation of near dry EDM process on duplex stainless steel 2,205 grade material under minimum quantity lubrication (MQL) for improving the sustainability. Taguchi's L9 orthogonal array experimental design has been executed for varying input parameters like pulse-on time, pulse-off time, current and voltage. The machining performance is analysed by measuring the material removal rate (MRR), electrode wear rate (EWR) and surface roughness (SR). The obtained results are analysed by the artificial neural network (ANN) and grey relational analysis (GRA) for the multi-response optimisation. In multi-response optimisation, the optimum combination of parameters derived using GRA lead to the improvement of material removal rate at 6.1287 mm3/min and reduced electrode wear rate 0.0698 mm3/min at optimal parameters levels (TON = 450
Keywords: Minimum Quantity Lubrication; Sustainability; Electrical Discharge Machining; Grey Relational Analysis; Multi-response optimization.
IT Flexibility and Downstream Petroleum Supply Chain Performance
by Vishnu Nath, Ashutosh Sheel, Y.P. Singh
Abstract: The purpose of this study is to examine the role of IT flexibility in improving firm performance of the firms in the downstream supply chain of petroleum industry. Using a structured questionnaire, data was collected from 348 petrol stations in Uttarakhand, Uttar Pradesh and Haryana, India. The results show that transactional, operational and strategic IT flexibility as well as process integration affect firm performance. Based on this, certain IT solutions are proposed for the identified issues in the downstream supply chain of petroleum industry in India. For researchers, the present study shows how various IT flexibilities are connected with one another (in a particular industry) and how they affect firm performance via process integration. For managers, the study highlights the importance of IT flexibility and proposes IT solutions for the identified issues. The research extends past frameworks on IT flexibility for solving issues of downstream petroleum supply chain in India.
Keywords: IT Flexibility; Supply Chain Performance; AHP; Petroleum; Operations Management; Flexibility; Structural Equation Modeling.
Development of a Scale to Measure Individual Creativity Constraints
by Tripti Sharma
Abstract: Individual creative thinking is subject to some major constraints. These constraints are real obstacles to problem solving skills of employees who drive the business in terms of creative thinking. If these constraints are removed then creativity can flourish, fill a new niche, increase productivity, improve services, develop new uses for existing products and provide solution to existing challenges of varied businesses. The interest in individual creative construct has gained increasing momentum in recent years. Till now, the measurement tools have focused on individual and organisational creativity. However, no measure of individual creativity constraints (ICC) has been advanced despite of persistent requirement in the research. The main aim of this research study is to develop a scale on ICC. This article presents the methodological rigour in development of a scale, which is valid and reliable. It is developed for the use in the human resources and behavioural science to measure ICC.
Keywords: Creativity; Creative Thinking; Constraints; Creativity Constraints; Individual Creativity Constraints and Scale Development.
Establishing the link between Marketing and Accounting functions: A review
by Mohammed Nuseir
Abstract: Marketing and accounting functions are carried out by two different departments of an organisation. These two departments should complement each other practically and perceptually, but in fact, this rarely appears to be the case. The functions carried out by the marketing and accounting departments tend to be very different, and there has been little attempt to link them. This literature review examines the respective functions of the two departments and links them through the prism of the stakeholders, as the opinions of stakeholders are vital to the success of any organisation. The need to pass information to the stakeholders, and the way information among stakeholders is shared, can be a starting point to understanding the link between these departments. This study has identified the importance of eliminating the tiered perception of departments in an organisation by evaluating the functional relationships among them. It is crucial to understand that marketing and accounting functions 'meet' in a common place at the operational level.
Keywords: Marketing; Accounting; Perception; Functional Organization Structure; Stakeholders.
Prioritisation of lean construction barriers in Qatari context: A fuzzy AHP approach
by Abdulla Yaqoub Al Sayed, Dinesh Seth, A.M. Hamouda
Abstract: This study identifies, reviews and prioritises lean construction barriers in Qatari context. Lean has been widely adopted in manufacturing and service sectors, but its applications in construction sector are found in scarce. The study addresses an urgent need of identifying lean construction barriers (LCBs) and its prioritisation. For obtaining a comprehensive barrier set, the study uses Scopus database. Subsequently, fuzzy analytical hierarchy process (FAHP) is applied for barrier intensity and ranking. This study prioritises 28 barriers that hinder lean adoption in construction. The results reveal that 'policy related barriers' and 'economic and managerial barriers' possess high intensity in obstructing lean adoption. Authors expect that critical review and prioritisation of lean construction barriers will help both researchers and practitioners in formulating appropriate strategies to overcome these barriers.
Keywords: Lean barriers; failure factors; Fuzzy AHP; construction industry; lean construction barriers.
A new DEA based Voting Method for Ranking and Evaluating the Influence of E-marketing on Bank Performance
by Mohammad Izadikhah, Seyed Hamzeh Mirzaei
Abstract: Due to importance of measuring banks' performance and because of remarkable impact of recent growth of the internet on banking industry, this study evaluated the influence of e-marketing on bank performance by using a DEA-based voting methodology. In this way, usually more than one unit may be efficient in the DEA models and their scores are one. Therefore, how to rank DMUs and increase the power of discrimination among efficient DMUs become an important part of performance assessments. So, in order to provide a satisfactory ranking, this paper presents a voting methodology that uses the results of some ranking models. For this purpose, each DMU is considered as an alternative and each ranking method is considered as a decision maker. The proposed methodology is applied to evaluate the influence of e-marketing on Iranian's bank performance.
Keywords: E-marketing; Data envelopment analysis (DEA); Ranking; Voting system.
Excellence of social media: A quality assessment
by M.Parveen Roja
Abstract: Social media is a breakthrough innovation in communication bringing people together and reflecting their minds. Though social media serves as a source of connect, it is not exceptional to flaws. The quality of social media is studied analysing the gaps between the expected and actual features of social media from the perspective of its users. The study applied confirmatory factor analysis (CFA) to confirm the gaps and the leading factors and structured equation modelling (SEM) to find the level of influence of these gaps, lifestyle and personality on the satisfaction level of social media users and their usage level. The study suggested the rectification strategies to refine the features and set right the gaps existing in the social media. It also suggested various options and variants that could be introduced to satisfy the customer segments with varied interests and mindset.
Keywords: Gap analysis; Lifestyle; Personality; Security; Socialize; Social media.
The mediating role of ethical organizational climate between HRM practices and HR outcomes in Public Sector of Saudi Arabia
by Mohammad Ali Yamin
Abstract: Understanding the main human resource management (HRM) practices is critical for an organisation success or failure. Despite the recent surge in HRM practices studies, little has been discussed about mediating role of organisational ethical climate between HRM practices and HR outcomes in public organisation of Saudi Arabia. The present study develops a theoretical framework grounded in HRM practices namely: training and development, performance appraisal, compensation and reward, organisation planning and HR outcomes include: employee's satisfaction and employees retention with mediating role of organisational ethical climate. A total number of 236 HR managers of public organisations participated in this research. The research model was empirically tested using structural equation modelling (SEM). The findings reveal that all four dimensions of HRM practices have significant influence on employee's satisfaction and employee's retention with mediation of organisational ethical climate. Finally, limitations and future research directions have been discussed.
Keywords: HRM practices; Organizational ethical climate; HR outcomes; Meditation; Structural equation modeling.
The impact of extrinsic and intrinsic rewarding system on employee motivation in the context of Sri Lankan Apparel Sector
by Nirma Sadamali (N.S) Jayawardena, Darshana Jayawardena
Abstract: The main purpose of this empirical research was to investigate the relationship between the extrinsic and intrinsic rewarding system on employee motivation on a leading apparel company in Sri Lanka. The research design includes mono method quantitative methodology. Data were gathered through 400 employees in the selected apparel company in Sri Lanka through a self-administrated questionnaire. The major findings of this study indicated that there was a strong positive influence from the job promotion variable on employee motivation which is a major extrinsic reward. The study contributed to identify the employee motivational factors in the selected company and to reduce current labour turnover ratio by identifying the factors which motivate the current workforce. The conceptual framework of the study is developed by the author based on the previous literature.
Keywords: Keywords- Employee motivation; intrinsic rewards; extrinsic rewards; permanent employees; apparel sector; Sri Lanka.
Risk Management of Innovative Projects using FMEA; A Case Study
by Yogesh Ghadage, Balkrishna Narkhede, Rakesh Raut
Abstract: Identification and management of risks in innovative projects is a crucial phase because of a high degree of inherent uncertainties. The present study attempt to identify the critical risk factors for innovative projects. This study intends to propose a methodology for risk management which utilises failure mode and effect analysis (FMEA) for quantification of risks for innovative projects. Based on the analysis the risks are prioritised. The evaluation of outcome indicates that the proposed methodology is successful since it identifies, classifies and analyses the risks. Additionally, current methodology helps to document the action plan and strategies to tackle identified critical risks.
Keywords: Risk Management; Innovative Projects; FMEA.
Lean Six Sigma: Literature Review & Implementation Roadmap for Manufacturing Industries
by SEHUL PATEL, Darshak A. Desai, Koilakuntla Maddulety, Balkrishna Narkhede, Rakesh Raut
Abstract: Nowadays by virtue of current economic crisis, an ever-increasing number of organisations are looking for management systems that enable them to make their processes flawless, enhance their product quality and/or service characteristics, reduce costs, improve profitability and customer satisfaction. Research has featured a requirement for a specific and feasible integration of Lean with Six Sigma to develop Lean Six Sigma culture in manufacturing sector by providing roadmap to manage and sustain change. Many issues have been analysed in this paper and important themes have cited which includes: execution, critical success factors, benefits and obstacles of Lean Six Sigma deployment. The analysis of 127 articles from 1989 to 2017 has resulted in significant benefits. Hence, this research could provide valuable insights to practitioners.
Keywords: Lean Six Sigma; Critical Success Factors; DMAIC; Roadmap.
What Brazilian workers think about flexible work and telework?
by Francisco Antonio Coelho Junior, Cristiane Faiad, Mariana Carolina Barbosa Rêgo, Wilsa Ramos
Abstract: Organisations are enabling and encouraging the use of information technologies in work-related tasks. In Brazil, few organisations have implemented telework and some issues need to be discussed considering the Brazilian organisations' reality. Who is eligible to telework? What is the profile of the teleworker? How is telework evaluated from the viewpoint of teleworkers themselves? Thus, this paper examines the perception that Brazilian teleworkers have about the advantages and disadvantages of this labour regime. It determines which are the facilitators and obstacles of telecommuting within a large Brazilian organisation. The paper is based upon 67 structured questionnaires completed by Brazilian teleworkers. The findings show that some of the advantages are flexibility, greater family time and the lower displacement costs. The Brazilian teleworkers seem motivated with this kind of modality of work, although most people miss their daily social contact with co-workers. The effects of telecommuting must be investigated in later studies.
Keywords: telecommuting; job design; organizational behavior; work arrangement; organizational context; person and job-fit.
Proposing a Model of Talent Excellence With a Case Study in Isfahan Province Gas Company
by Arash Shahin, Farzaneh Soltani, Ali Shaemi
Abstract: The main purpose of this study is to develop a model of talent excellence. For this purpose, thematic analysis and interviews with university experts, industry experts and managers were first used to identify a model for talent excellence. Then, a researcher-made-questionnaire was used to study the current status of target population based on talent excellence model. Finally, the research model was used to evaluate the status of the Isfahan Province Gas Company (IPGC) as a case study using experts' viewpoints according to the target scores of the model. Eventually, solutions were offered based on the assessment results. The developed model included three main themes (criteria), eight sub-themes (sub-criteria) and 30 concepts. Assessment results indicated that IPGC achieved 455 out of 1,000 points. Based on the privileges of the talent excellence model in the IPGC, the results, enablers and process were satisfactory, respectively.
Keywords: Excellence model; Talent; Enablers; Process; Results; Isfahan Province Gas Company.
RESEARCH GAPS IN FAMILY OWNED BUSINESSES: CONCEPTUAL LINK BETWEEN SOCIOEMOTIONAL WEALTH, FAMILY COMMITMENT AND FIRM PERFORMANCE
by Mohammad Razzak, Norizah Mustamil, Raida Abu Bakar
Abstract: Family business researchers acknowledge that firms controlled by families are primarily driven by a set of goals that are family-centric and non-economic in nature, known as socio-emotional wealth. However, the family business literature is yet to reach a nuanced understanding of how different dimensions of such goals drive family commitment to the firm and consequently firm performance. This paper builds on the premise that family firms vary in their goals and aspirations and argues that the willingness of family firm owners to commit resources, time and effort towards the firm's business goals depend on which of the dimensions of socio-emotional wealth are more emphasised by the key decision makers in the firm. We explore the gaps in the behavioural stream of family business literature, and propose a conceptual link between the dimensions of socio-emotional wealth, family commitment and firm performance and propose a set of considerations for future empirical studies.
Keywords: Socioemotional wealth; family commitment; firm performance.
Impact of Social Media Marketing Activities on Brand Equity and Brand Commitment in the Leather Industry
by Reza Rostamzadeh, Homa Kavousi, Bahram Boudaghi
Abstract: Social media marketing is increasing traffic, or entering a website or paying attention to an issue through social media. Its programs usually focus on trying to create a content that can attract attention of the audience and encourage readers to share it among social media. The goal of this research is studying the impact of social media marketing activities on brand equity and brand commitment in the leather industry. Data collection method is descriptive-correlation type and in terms of objective, it is an applied research. The library-field study and questionnaire were used for data collecting. Therefore, 483 customers of Novin Charm Company selected as a sample. In order to evaluate the causal model and to check the reliability and validity of the measurement model, structural equation model is utilised. The provided model and data obtained through questionnaires analysed through SMART PLS software. Finally, the results of this study showed that brand equity and brand commitment is significantly influenced by social media activities.
Keywords: Social media marketing activities; brand awareness; brand image; brand commitment; leather industry.
Improvement in Procurement through Energy Resource Planning for Manufacturing Organization
by Iram Naim, Ashraf Rahman Idrisi, Tripti Mahara
Abstract: A manufacturing organisation performs planning for optimal utilisation of their resources. Energy resource planning plays a key role for energy intensive organisations to manage their energy resources efficiently. In India, procurement of energy resource especially for natural gas requires procurement contract from supplier. The imbalances between the upcoming future requirements predicted by buyer and its actual consumption always attract additional charges in form of penalty. This paper focuses on how energy resource planning combined with procurement can benefit a manufacturing organisation through effective forecast mechanism in order to decide the critical level for procurement of natural gas. Furthermore, the realisation of energy resource planning benefits during procurement of natural gas by deciding the optimal value of gas purchase is also illustrated through a case study of CFFP, BHEL Haridwar, a manufacturing organisation in India.
Keywords: Manufacturing Organization; Energy Resource Planning; Procurement; Forecasting; Time series; Cross-validation; ARIMA; Natural gas; Penalty; Contract Agreement.
RELATIONSHIP BETWEEN PERSONALITY AND JOB PERFORMANCE: INDIAN PERSPECTIVE OF TRIGUNA THEORY
by Garima Mathur, Richa Banerjee, Ravindra Pathak
Abstract: The three Gunas namely, Sattva, Rajsic and Tamsic are considered as basis of personality formation according to Indian psychology which decides an individual's orientation towards something. In the study two Gunas, i.e., Sattva Guna and Rajas Guna were taken into consideration as Tamsic Guna indicates malpractices where an individual is considered as self centred. The studies have been done considering personality theories like trait theory or big five personality theory in correlation with job performance (Ceschi et al., 2016) but Indian personality theory is not studied that much. The study has been done on the employees of service sector of the Gwalior from central India. The objective of this study is to evaluate the impact of Sattva and Rajas Guna on employee job performance. The result of the study indicated that Sattva and Rajas Gunas are important contributors towards his job performance.
Keywords: Gunas; Sattva; Rajsic; Tamsic; Triguna; Job Performance.
Integrating Justice Dimensions and Expectation?Confirmation Model in measuring Customer Satisfaction and Continuance Intention In Private Higher Education in Malaysia: A Conceptual Model
by Mohd Rushidi Mohd Amin, Saiful Ahmad Masrani, Shishi Kumar Piaralal
Abstract: In providing a better service in higher education institutions, the aim of implementing online services is to manage customers more efficiently. Higher education institutions often focus on doing it right the first time and tend to ignore the importance of service recovery through justice dimensions when a service failure occurs. Service failure brings many disadvantages to the institutions and this is where justice dimensions through distributive, procedural, interpersonal and informational justice play an important role. The expectation-confirmation model (ECM) is suggested for examining customer satisfaction and continuance intention in the use of online services in the service failure context. The relationships among justice dimensions, ECM, customer satisfaction and continuance intention are given less attention compared to service quality in private higher education institutions in Malaysia. Therefore, the purpose of this paper is to examine customer satisfaction and continuance intention at the post-consumption phase in service failure situation.
Keywords: Justice Dimensions; Expectation-Confirmation Model; Perceived Confirmation; Perceived Usefulness; Continuance Intentions.
Supplier Selection & Performance Evaluation for Formulating Supplier Selection Strategy by MCDM based approach
by Rakesh Raut, Bhaskar Gardas, Balkrishna Narkhede, Linda L. Zhang
Abstract: Effective supplier-base management demands many resources. The purchasing departments of many organisations believe that having more suppliers requires a higher cost. This investigation aims to evaluate the performance of existing suppliers to rationalise the supplier-base and find out top strategic suppliers who can ensure the full supply of products per the market demand. The analytic hierarchy process (AHP) was employed for evaluating the selection criteria and ranking the shortlisted suppliers. The technique for order preference by similarity to ideal solution (TOPSIS) was adopted as well for ranking suppliers based on the weights of the criteria obtained from the AHP evaluation approach. Both methodologies were compared and top performing suppliers were identified. Finally, gap analysis was carried out to determine the effective ranking tool between AHP and TOPSIS methodologies. The results of the study highlighted that volume flexibility is found to be the most significant evaluation criterion and supplier 'VA' is the best amongst all. This study is intended to guide the policy and decision makers in formulating the strategies for the effective supplier selection in highly competitive environments.
Keywords: Supplier selection; performance evaluation; MCDM; Procurement Strategy.
Analysis of marketing capabilities, service differentiation and performance of executive hotels in the State of Santa Catarina, Brazil
by Marcio Miura, Elvis Silveira-Martins, Jean Carlos De Abreu, Deosir Castro Junior
Abstract: This research aims to understand the predictors of hotel performance. The research by Carvalho (2011) and Morgan and Katsikeas (2012) ground future empirical studies of marketing capabilities regarding hotel performance. The study collected data from a sample of 153 Brazilian executive hotels. For the data analysis, exploratory and confirmatory factorial analysis were used. The work adopted structural equations modelling as a set of techniques to conduct the analysis of the data obtained through the survey. Among the research outcomes, it is worth stressing the methodological results such as the validation of scales and the hypothesis tests, which revealed that: marketing capabilities have a positive relationship with performance; marketing capabilities are predictors of service differentiation; marketing capabilities are positively related to service differentiation; service differentiation, in two dimensions, is positively related to performance, and the service differentiation, in its three dimensions, mediates the relationship of marketing capability and hotel performance.
Keywords: strategy; marketing capability; service differentiation; performance; hospitality; competitivity.
Achieving Excellence in Services Marketing: Roles in Customer Delight
by Pratap Chandra Mandal
Abstract: Companies need to innovate and differentiate themselves to sustain in the competition. Services marketing gain in importance because it is difficult to innovate and differentiate physical products. It is difficult to imitate differentiation and innovation incorporated in services. The paper discusses the strategic initiatives companies need to adopt for achieving excellence in services marketing. The initiatives include a strategic orientation, commitment from the top management, maintaining high standards, having profit tiers, monitoring service performance and prompt action on customer complaints. The paper also discusses the roles of differentiation and innovation in achieving excellence. The paper focuses on those companies which excel in providing services to customers and analyses the strategies followed by them. Proper implementation and execution of strategies provides a direction for service companies to excel, delight their customers and build relationships with their customers.
Keywords: services marketing; excellence; differentiation; innovation; strategic orientation; customer delight.
Sustainability for Small and Medium Enterprises: An Interpretive Structural Modeling Approach
by Uma Maheswari, Kavitha Devarajan
Abstract: Sustainability symbolises an equitable world with responsible governments, businesses and people striving to protect the natural environment and social equity, at the same time not compromising their quest for economic growth. This empirical study on the sustainability scenario in SMEs is undertaken in Coimbatore district, Tamil Nadu, South India. The sample for the study consisted of 220 SMEs drawn from the members of CODISSIA. This pioneering empirical research has identified the mutual influences amongst the drivers of sustainability. These variables were identified based on a literature review and a survey conducted among small and medium enterprises. The interpretive structural modelling analysis has been used to identify the interrelationships amongst the identified variables. Further, a MICMAC analysis was used to classify the variables as driver variables, linkage variables, autonomous variables and dependent variables. The results of the study provide insights on the appropriate factors that drive sustainability practices.
Keywords: Sustainability; small and medium enterprises; India; Interpretive Structural modelling; MICMAC Analysis; Drivers; Top management commitment; Associations; Networks; Organizational ethics.
EMPLOYEE COMMITMENT TO STRATEGY IMPLEMENTATION AND STRATEGIC PERFORMANCE: ORGANISATIONAL POLICY AS MODERATOR
by Chijioke E. Nwachukwu, Pavel Zufan, Helena Chladkova
Abstract: The purpose of this paper is to examine employee commitment to strategy implementation and the moderating role of organisational policy in the relationship between employee commitment to strategy implementation and strategic performance. The study adopts a survey method to collect data from 105 employees on managerial levels of the four multinational firms operating in the mobile telecommunication sector in Nigeria. This research suggests that employee commitment to strategy implementation and organisational policy have direct positive and significant relationship with strategic performance. Additionally, organisational policy moderates the relationship between employee commitment to strategy implementation and strategic performance. By paying attention to the importance of employee commitment to strategy implementation managers/executives can significantly increase their firm's strategic performance. Managers and executives have a better understanding of the importance of organisational policy and creating an environment that supports employee commitment to strategy implementation to achieve superior strategic performance.
Keywords: strategy implementation employee commitment strategic performance resource-based theory social exchange theory organisational policy.
Understanding the relationship between supply chain management maturity dimensions: findings from a case study in a truck manufacturing company
by Jeanfrank T. D. Sartori, Guilherme F. Frederico
Abstract: Research on supply chain management (SCM) has gained pre-eminence since 1990s as a result of its potential to generate opportunities to accrue value to the companies, and to compete advantageously. It is of the essence to comprehend the dimensions regarding the maturity and performance of SCM as well as the perception of the interrelations among them. This research renders findings from theoretical framework application in a global truck manufacturing company. The methodology adopted was a case study with the aim of identifying the characteristics of each maturity dimension and classifying the SCM level of maturity in this operation. Findings demonstrate that evidence of the cause-effect relations among dimensions is compatible with the projections of the theoretical framework. Moreover, it also provided strong indication that the intervening effects of business process is present and expected in the model. To sum up, it lays the foundations for specific issues that may come to the spotlight in future research.
Keywords: Supply Chain Management; Maturity Dimensions; Relationship; Case Study; Manufacturing.
The Role of Social Influence and e-Service Quality in Impacting Loyalty for Online Life Insurance: A SEM-based Study
by Preeti Viswanathan, Garima Gupta, Anurupa Singh
Abstract: The aim of this research is to investigate the role of e-service quality, social influence and e-customer satisfaction on e-loyalty relationship. Data was collected from online life insurance policyholders in Delhi/NCR using structured questionnaires and in depth interviews and was then analysed and relationships were examined through structural equation modelling. Service quality and social influence were found to have substantial relationship with customer loyalty and satisfaction in online life insurance. E-customer satisfaction was found to have a mediating role in the relationship of customer loyalty with both service quality and social influence in online medium. The results of this study are estimated to offer significant contributions to academia, policy makers and facilitate a foundation for marketers to further examine various ways of interacting with customers that will aid in enhancing e-customer satisfaction leading to customer retention thereby improving overall business profits of the insurers.
Keywords: E- service quality; social influence; e-customer satisfaction; e-loyalty; online life insurance; mediating effect.
Electricity prices determinants: Indias perspective
by Sonal Gupta, Deepankar Chakraborti, Hiranmoy Roy
Abstract: A robust trading system is vital to promote competition in the Indian electricity market. In India, the exchange trading market is still at an incipient stage, despite being the best option for innovation, due to the presence of high volatility huge losses are incurred by the power market participants such as power generators and distribution companies. Hence, a descriptive research was conducted to identify the major factors leading to the periods of spikes and jumps in the Indian energy exchanges day-ahead market (DAM) prices of all the regions (north, south, east, west and north east) from August 2008 until June 2017. It was found that the major factors affecting DAMs prices are regulatory, weather, fuel supply, transmission congestion; power plant outages/new plants operational, frequency and reservoir levels. This study will encourage the stakeholders to further model and forecast prices devising profit maximisation techniques thereon.
Keywords: Electricity price; Volatility; Determinants; Day-ahead market; Indian Energy exchange.
ISM-MICMAC approach for evaluating the critical success factors of 5S implementation in manufacturing organizations
by Rajesh Attri, Ashishpal ., Noor Zaman Khan, Arshad Noor Siddiquee, Zahid A. Khan
Abstract: The objective of this paper is to ascertain and evaluate the critical success factors (CSFs) that affect the fruitful implementation of 5S in manufacturing organisations. 20 CSFs of 5S has been recognised through extensive literature survey and experts views. Subsequently, interpretive structural modelling (ISM) approach has been applied for instituting inter-relationship between identified CSFs. Further, MICMAC analysis was applied to classify the CSFs into different groups. From ISM-MICMAC analysis, it was found that effective top management contribution, education and training, proper leadership, establishment of role and responsibility, cognition of 5S, integration with the organisational objectives, integration with quality improvement approaches, proper implementation plan and financial resources are the key CSFs. These CSFs were found to exhibit a significant role in successful implementation of 5S.
Keywords: 5S; critical success factors; MICMAC; ISM; hierarchy.
Improving Business Process by Predicting Customer needs based on Seasonal Analysis: the role of Big Data in E-Commerce
by Moorthi K., K. Srihari, S. Karthik
Abstract: Many e-commerce sites gives item recommendations to buyers while they navigate the site. This study aims to identify the ways to predict the customer demands based on different seasonal in India and improving the business process of a new e-commerce seller by giving recommendations. We focus on textile and we categorised the seasonal in to three winter season, summer season and rainy season. In this study we analyse historical sale record of a new e-commerce seller Esteavo International based on these three seasonal. Using these analyses we aims determine the purchase patterns of the customers and the factors affecting the changes in sale on different seasons. Also we developed new big data architecture it guides the e-commerce seller for taking effective decisions to improve their business process.
Keywords: Big Data analytics; Seasonal Analysis; Textile; E-commerce; Recommendations.
Quality-Satisfaction-Loyalty Linkage and Switching Costs: Findings in the Context of Online Life Insurance
by Garima Gupta, Preeti Viswanathan
Abstract: The emergence of online life insurance in recent years has provided consumers with flexibility and ease of taking an insurance policy besides making it imperative for firms to consistently formulate strategies to ensure customer satisfaction and loyalty in future. In this respect, the present study examines the linkages between service quality, satisfaction, loyalty and switching costs in the context of online life insurance. Using survey methodology, responses pertaining to the aforesaid constructs are obtained from a sample of 128 customers. Though significant variations are not revealed in customers perceptions across demographic groups, but it establishes mediating role of satisfaction and the moderating role of switching costs along with the significant impact of service quality in influencing loyalty behaviour. It provides theoretical as well as practical implications for the service providers. The paper ends with acknowledging the limitations and outlines the directions for undertaking further research in this pertinent domain.
Keywords: Online life insurance; Service quality; Customer satisfaction; Switching costs; Loyalty; Moderating effect; e-loyalty; e-service quality.
MAPPING ORGANIZATIONAL COMPETENCES: Case study on a Franchise in the Food Industry in Brazil
by Jose Jaconias Da Silva, Claudia Cirani, Josena Laura Pereira De Amorim
Abstract: This study aimed to map empirically organisational, functional and individual competences in a unit of a large franchise network in the food industry in Brazil. The objective was to assess activities previously established and based on the theme of competence. A case study was presented on a company located in Cuiabá, Mato Grosso do Sul, Brazil, and to achieve the goals, we used a specific methodology for mapping competences in a qualitative approach. Among the organisational competences (OCs) identified are 'product quality, along with efficient delivery, leaves the customer satisfied', 'well prepared menu and particular flavour of dishes that pleases the customer', 'skilled professionals in the production, sales and delivery processes' and 'the franchise brand name that stands out for quality and positive associations to the product/service and the organisation itself, which translate into intangible results, such as acceptance, satisfaction and benefits'. The model tested was adequate to identify organisational competences as well as functional and individual competences.
Keywords: Mapping Competences; Organizational Competences; Functional Competences; Individual Competences; Case Study.
Impact of Referrals on Buying Decisions and Cognitive Behaviour among Aging Consumers
by Rajagopal .
Abstract: This study attempts to explore the consumer decision process among aging consumers through referral marketing like interpersonal communications, corporate referral programs, advertising, and word-of-mouth. The study has been conducted in Mexico City by administering the semi-structured research questionnaire among 114 elderly consumers, who represented C+ and C socio-economic demographic segments. By analysing the key variables on brand communication, social media, brand attributes, consumption experience, quality of referrals, trust, value for money, and perceived consumer value, the study reveals that face-to-face interactions with fellow consumers serve as more effective referrals than knowledge for making purchase decisions among elderly consumers. The results of the study emphasise that the quality of referrals on brands are built around brand promise, value for money, and perceived consumer values. Quality of referrals develops trust on brands, and influences upstream marketing values among elderly consumers. Accordingly, consumers steer cognitive process to develop emotions and brand attachment, which augment their perceived value.
Keywords: Consumer referrals; decision making; aging consumers; consumer emotions; brand attraction; Mexico.
The Importance of Aligning Lean with Organizational Strategy.
by Brent Opall, Kristy Lauver, Abraham Nahm, James Keyes
Abstract: This study explores how strategic direction of firms may affect salient factors that were found in prior research to be conducive for lean implementation success. We use Venkatramans (1989a) categorisation of strategy and examine their correlation with workers perceived job security, perceived personal benefits of lean, and level of training on lean (Nahm et al., 2012). We apply intraclass correlations, ANOVA analyses, and regression analysis within the study. Lean success factors were affected differently by each type of organisational strategy examined (proactiveness, defensiveness, analysis and futurity). Workers perceived their jobs to be secure in all four types of strategies. They also perceived personal benefits of lean positively under futurity strategy, but were negative about it under proactiveness and defensiveness strategies. Training on lean concepts and techniques was actively carried out in firms with analysis and futurity strategies but significantly less training was done in firms adopting a proactiveness strategy.
Keywords: Lean Implementation; Strategy; Perceived Job Security; Perceived Personal Benefits of Lean; Training on Lean,.
Managing Agility in the Downstream Petroleum Supply Chain
by Vishnu Nath, Ashutosh Sheel, Y.P. Singh
Abstract: The aim of the current study is to examine the effect of marketing and supply chain orientation under environmental uncertainty on supply chain agility of downstream petroleum supply chain in India. Data was collected from 348 petrol stations in the states of Uttarakhand, Uttar Pradesh and Haryana, India. Path analysis was performed to know the strength of the relationship between the identified variables. The findings show that marketing orientation and supply chain orientation are antecedents of agility. Based on the findings, the study proposes solutions to issues being faced in the downstream petroleum supply chain in India. The current research applies past findings on supply chain agility in the context of downstream petroleum supply chains in India and addresses the lack of academic research as well as provides solutions to the identified issues of downstream petroleum supply chains in India.
Keywords: Supply chain agility; Supply chain orientation; marketing orientation; Firm performance; Indian petroleum sector; IT; Downstream petroleum supply chain.
A STUDY ON THE INTERRELATIONSHIPS BETWEEN EMPLOYEE ENGAGEMENT, EMPLOYEE ENGAGEMENT INITIATIVES AND JOB SATISFACTION
by Gnanadhas Delina, Priya Esther Samuel
Abstract: The concept of employee engagement has streamlined with management school of thought since recent past as it helps achieve improved organisational performance and business excellence. This study attempts to examine the employee engagement levels of IT professionals in South India across different dimensions of engagement namely, vigour, dedication and absorption based on UWES scale. Differences in engagement levels based on demographic characteristics are presented. This paper further, presents the influence of satisfaction towards employee engagement initiatives on employee engagement levels and job satisfaction. This study also highlights the various employee engagement initiatives in IT companies and the respondents satisfaction about the same. The research outlook of this paper is that when employees are satisfied with the employee engagement initiatives practiced by their organisations, they are more engaged with their jobs and it subsequently, contributes to their job satisfaction as well.
Keywords: Employee Engagement; Employee Engagement initiatives; Job satisfaction; IT professionals; South India.
The alignment between business strategy and project strategy and its effects on the dimensions of project success using PLS-SEM
by Saeed Zolfaghari, Alireza Aliahmadi, Mohammad Mahdavi Mazdeh, Javid Zare
Abstract: Increasing the companies dependence on new product development (NPD) projects, as a way to carry out strategies, makes the alignment of these projects with organisational objectives more crucial. Utilising partial least squares structural equation modelling (PLS-SEM), this study sheds light on the process and logic of alignment between project strategy and business strategy and how the alignment affects different dimensions of project success of 91 NPD projects in 30 companies in Iran. This study elucidates the critical importance of alignment and prioritises the elements of project strategy in alignment with business strategy to achieve the specific dimensions of project success.
Keywords: Strategic Project Management; Business Strategy; Project Strategy; Alignment; Project Success; NPD Projects; PLS-SEM.
THE INFLUENCE OF TECHNOLOGIC PAYMENT ADOPTION IN SATISFACTION: A STUDY WITH RESTAURANT COSTUMERS
by NILTON GOMES FURTADO, JULIA VASCONCELOS FURTADO, LAURO CESAR VIEIRA, RODRIGO CUNHA D.A. SILVA
Abstract: This study analyses the relationship between the perceptions about technology payment use and consumers satisfaction in food and beverage industry. Observing the phenomenon of technology implementation in the catering industry, the present study sought to review the existing literature and describe the state of the art on the matter, articulating experiences of studies held domestically and internationally. A survey had been applied seeking to understand this global phenomenon of technology payment and its impact on customer perception. We analysed data collected through 950 questionnaires and categorised influencing factors that affect the perception and satisfaction of using mobile payment technologies in restaurants. The quantitative study allowed an understanding on which factors are more relevant on perception and use of mobile payment technologies, identifying a set of influencing factors, as well as finding out the advantages and disadvantages perceived by consumers in the use of mobile payment technologies.
Keywords: mobile payment; mobile technology; customer perception; smartphone; technology; NFC; smartphone payment; app; payment restaurant.
Relationship between Forgiveness at Work and Life Satisfaction: Indian Manufacturing Organizations
by Rinki Dahiya, Santosh Rangnekar
Abstract: Researchers have strived to comprehend the essentials of a happy and satisfied life - a fundamental question - for decades, which has gained popularity in organisations, academics and policy circles in contemporary times, when occupational discord is inevitable. The purpose of the present study is to investigate the relationship between forgiveness at work (self, others and situations) and life satisfaction, and also to examine the moderating role of age in the relationship between forgiveness at work and life satisfaction. Data were collected from 352 employees working in Indian manufacturing organisations and analysed using hierarchical multiple regression. The results show that indicators of forgiveness significantly influence life satisfaction. Moreover, it was found that age moderates the relationship between forgiveness (self and others) and life satisfaction in such a way that it becomes stronger for older employees than younger employees. Based on the findings, the present study posits that HR professionals and practitioners should develop and implement psychological interventions and practices aimed at fostering forgiveness and cultivating life satisfaction among employees.
Keywords: Age; forgiveness; life satisfaction; employees; India; manufacturing organizations.
ONLINE SHOPPING EXPERIENCE IN INDIA: AN EXAMINATION OF CONSUMERS WORLD
by Maani Dutt, Anurupa Singh, Ambrish Joshi
Abstract: In a gradually increasing competitive atmosphere, more examination is required by companies to understand determinants of the success of their online shopping in terms of website effectiveness, brand experience and their influence on building trust in the context of online footwear retailing. This paper analyses the relationship between e-service quality and effects of brand experience, role of website effectiveness, and their effect on trust. Online survey using a convenience sample capturing the above constructs was verified for validity and reliability prior to distribution. SEM multigroup analysis is done to test the hypothesized relations and the role of trust as a moderating variable. Most of the data being collected from Delhi/NCR, India. This study may help retailers in focussing on the areas to create trust towards the brand and online platform. The model would also help prevailing online retailers to tune their business conferring to the findings of research. Our model considers the role of brand experience together with online platform for the effective role of trust.
Keywords: e-Commerce; online shopping; trust; brand experience; website; e-service quality.
Enhancing proactivity among hospital employees: A Serial Mediation Model
by Abhishek Singh
Abstract: This research article aims to investigate the mechanism by which employees proactivity can be enhanced in the healthcare context. This study examined the direct impact of empowering leadership on employee proactivity by investigating the sequentially mediating effect through goal orientation, and commitment to managers and company. In serial mediation model, direct and indirect effects were examined through regression analysis, structure equation modelling and PROCESS. To test hypothesis of serial mediation model, data was collected from 252 employees of three National Accreditation Board for Healthcare Service Providers (NABH) accredited hospitals Uttarakhand, India. The results of statistical analysis revealed that empowering leadership has direct positive and significant impact on employee proactivity and indirect significant impact through goal orientation and commitment to managers and company.
Keywords: Empowering leadership; Goal Orientation; Commitment to managers and company; Employee proactivity; Indian NABH accredited Hospitals.
Barriers to Six Sigma Implementation in Chinese Small and Medium Steel Enterprises
by Ghaith M. Al-Abdallah, Chew V. Lic
Abstract: Six Sigma initiative has been in place for many years now and proven to be an effective methodology that serves to help enterprises achieve bottom-line improvements. Many large enterprises implement Six Sigma successfully and achieve cost saving of millions USD per year, however, it is a rare case that small and medium size enterprise employ Six Sigma methodology. This paper aims to identify the barriers to Six Sigma implementation in Chinese small and medium manufacturing enterprises in the steel industry. Interpretive paradigm was applied utilising qualitative research design, in which Interviews were carried out on a convenience sample of small and medium steel enterprises in China. The results show that the there are five main barriers to Six Sigma implementation for Chinese small and medium steel enterprise arranged in ascending order: conflict between Six Sigma culture and enterprise culture, the perception of Six Sigma is inefficient, lack of resources to implement Six Sigma, difficult to train or obtain enterprise-wide Six Sigma knowledge, high enterprise quality management system foundations requirements. The discussion, managerial implications and further research recommendations are provided based on the results of the study.
Keywords: Six Sigma; SMEs; Steel Industry; China.
Board Diversity and Corporate Performance: The Jordanian Industrial Corporations Case
by Asem Tahtamouni, Alaa Abu Mallouh, Tawfeq Tahtamouni
Abstract: This paper aims to explore the relationship between board diversity and corporate performance in Jordanian Industrial Corporations during the year (2014). This will be explored through examining the impact of the board diversity in terms of (independence, educational level, and age) on the corporate financial performance in the latter companies. The paper also aims to identify the impact of board size, and corporate size on the corporate financial performance in the latter companies. The study's sample consists of 49 Jordanian Industrial Corporations listed on Amman Stock Exchange. The paper will analyse the annual financial reports of the selected companies. It will also conduct the multiple regression analysis in order to explore the relationship between the study's variables. It was found that there is a statistically significant relationship between the board diversity in terms of (independence, and age) and the corporate financial performance in Jordanian Industrial Corporations.
Keywords: Board Diversity; Corporate Performance; Jordanian Industrial Corporations; Amman Stock Exchange.
EVALUATING PERFORMANCE OF APPAREL RETAIL STORES USING DATA ENVELOPMENT ANALYSIS
by Smriti Pande, Ruby Sengar, Narendra Singh Chaudhary
Abstract: The purpose of this research paper is to evaluate the performance of chain of organised apparel retail stores and also to benchmark their performance at company as well as store level considering both discretionary as well as non-discretionary variables. The paper aims to use data envelopment analysis firstly, for calculating the efficiency score and secondly for calculating projections for each of the retail store in order to understand the excess in discretionary inputs and shortfalls in output. Results show that most of the retail stores are performing well but there is a scope for improvement in several cases. The study provides a framework for performance evaluation and also assists in identifying the areas of improvement.
Keywords: Retail; Apparel; DEA; Discretionary; Non-discretionary; India.
Specificities of SMEs Relevant to Knowledge Management: a Systematic Literature Review
by Jeanfrank T. D. Sartori, Guilherme F. Frederico, Maria Do Carmo Duarte Freitas, Ricardo Mendes Júnior
Abstract: The various positive impacts that knowledge management (KM) offers to organisations that effectively apply it are fully consolidated in the literature. Nonetheless, even large enterprises, although usually abundant of human, financial and technological resources, are not always expressively successful on applying that concept. Small and medium-sized enterprises (SMEs) present numerous additional characteristics, challenges and obstacles to the implantation of KM. To contribute to change that reality, it is clear from the scientific perspective the importance of the effort to consolidate the state of art of knowledge on this field, especially because the last similar work dates to 2012 and significant research in different countries has been produced since then. In addition, just a few of previous works have their main goal like what is here presented. Thus, the present article is a systematic review of the literature of the relevant specificities of SMEs for KM in a global perspective.
Keywords: Knowledge Management; SME; systematic literature review; global perspective; specificities; knowledge; challenges; practices.
The Impact of Transformational Leadership on Organizational Performance Case Study: The University of Jordan
by Rateb Sweis, Niveen Alsayed, Taghrid Suifan, Basheer Kelani
Abstract: This research aimed to examine the impact of transformational leadership on organisational performance at the University of Jordan. A questionnaire was distributed to a sample of (280) administrative employees at the University of Jordan. Data were analysed using SPSS software. Information about respondents was analysed using descriptive analysis. While multiple regression was used to determine whether the four dimensions of transformational leadership; idealised influence, inspirational motivation, intellectual stimulation and individualised consideration have a significant impact on organisational performance. The findings revealed that the transformational leadership had a significant impact on organisational performance along with idealised influence and intellectual stimulation. However, individualised consideration and inspirational motivation did not have a significant impact on organisational performance according to the respondents ratings.
Keywords: Transformational Leadership; Organizational performance; Effectiveness; The University of Jordan.
Human Capital Dimensions and Firm Performance, Mediating Role of Knowledge Management
by Alhamzah Alnoor
Abstract: The study was aimed to examine the impact of human capital dimensions on form survivability. The study further investigated the mediating role of knowledge management in the said relationship. To measure human capital six dimensions (education, experience, health, personal attributes, skills, and training) were utilised. The data was collected through a structured questionnaire. The respondents agreeableness on statements was measured by five-point Likert scale. The sample size of the study was 342 responses collected from the owners of SMEs in Iraq. A structural model was developed to relate the variables and these relationships were examined using partial least square structural equation modelling (PLS-SEM). SmartPLS 3.0 was used to analyse the data. The findings suggest the positive and significant impact of HC-dimension on firm survival. The results also suggest the mediating role of knowledge management on the relationship of HC-dimension (education, skills, and training) on firm survival. The results were supported by the existing literature. Moreover, the research implication, limitations and future research avenues were presented.
Keywords: Human Capital Dimension; Firm Survival; Knowledge Management; SEM.
Designing and Testing the Success Model of Shopping Centers in Iran
by Gholamhosein Ahmadi, Ali Kazemi, Bahram Ranjbarian
Abstract: The aim of this research is to identify the key factors of success of shopping centres in Iran. It will help investors, especially banks, reduce their investment risk. This research is a developmental study in terms of objective and descriptive-survey in terms of method. The tool to collect the data included interview and questionnaire based on Likert scale. Qualitative data were analyzed by using thematic analysis techniques and quantitative data were analyzed using SEM. The results revealed that six key factors play role in the success of shopping centres: 1) factors related to location; 2) factors related to administration of the shopping centres; 3) factors related to ownership and tenants; 4) factors related to goods and services; 5) factors related to marketing; 6) factors related to architecture and design. In addition, the moderating variable of the size of the shopping centre can change the effect of each of these factors.
Keywords: Shopping center; success index; people visiting the shopping centers; shopping mall.
Export Country Selection with Fuzzy AHP and PROMETHEE
by Elia Oey, Yu Sekiguchi, Yunanto Adi Nugroho
Abstract: With the advancement of technology and communication, international business gives opportunity for firms to expand its coverage beyond its domestic markets. The research is a case study of a shoe sole manufacturer in Indonesia sought to expand its business to international market. Seven potential countries were shortlisted, and 15 sub-criteria were identified for the export market selection of the studied company. The study employed combination of fuzzy AHP and PROMETHEE for its analysis. Fuzzy AHP was used to calculate weight of (sub)-criteria, whilst PROMETHEE was used for ranking the alternatives. Two scenarios were performed using different preference functions in PROMETHEE to gain insights and ensure stability of the recommendation. Using PROMETHEEs stability interval, sensitivity analysis was also performed and recommended two stages of export plan. As the first stage it recommended three countries (Italy, China and Thailand) as the starting export countries for the studied company.
Keywords: Fuzzy; AHP; PROMETHEE; Export; Country Selection.
Acceptance of Mobile Banking in Islamic Banks: Integration of DeLone & McLean IS model and Unified Theory of Acceptance and Use of Technology
by Majeed Mansour
Abstract: The aim of this study is to investigate the factors that influence on user intention to adopt Islamic mobile banking. Islamic mobile banking is relatively new area of research when compared with other traditional online banking services such as internet banking and conventional mobile banking. Thus, understanding the determinants that influence on Islamic banking user intention is important. The present study integrates two well-known theories; the unified theory of acceptance and use of technology and DeLone and McLean IS success model in order to investigate users behaviour towards adoption of Islamic mobile banking in Palestine. Findings of the structural equation modelling depicted that factors underpinned UTAUT and D&M model explained R2 61.3% variance in user intention to adopt Islamic mobile banking. IPMA analysis suggested that managers and policy makers should focus on system quality in order to boost Islamic mobile banking adoption among customers of Islamic banks.
Keywords: : DeLone & McLean IS success model; UTAUT; Islamic Mobile Banking; System Quality; Information Quality; Service Quality; Structural equation modeling.
Identification and prioritization the critical activities of the emergency department using business continuity management concept
by Bakhtiar Ostadi, Mehdi Alibakhshi, Mohammad Mehdi Sepehri
Abstract: Supporting critical activities and key process in the unmoral situation is important success factor to any organisations and emergency department (ED) as one of the most important parts of the hospital. The aim of this paper is to identify and prioritise ED critical activities by using business continuity management (BCM) approach. For this purpose, preliminary ten main activities in ED were identified based on the patient flow mapping through using BPMN standard and literature review and experts judgement. Then, analytical hierarchy process (AHP) has been used to assess the identified ten activities of ED and to find their priorities in according to major criteria of criticality of an activity. Ten preliminary activity were refined and validated through interviews with ED experts. The findings of the study can be used by EDs as an important achievement in taking strategic decisions regarding BCM and resources allocation.
Keywords: Emergency department; Critical activities; Business continuity management; Analytical Hierarchy Process; Patients flow.
A Mixed System of Network Data Envelopment Analysis to Evaluate the Performance of Bank Branches: An illustration with Iranian Banks
by Sajad Akbari, Jafar Heydari, Abbas Keramati, Mohammadali Keramati
Abstract: Performance evaluation in the banking industry is important for managers, customers, investors, and stakeholders. Measuring and improving efficiency in banks are among the most important applications of the data envelopment analysis technique and numerous studies have been done in this area. This study is aimed to investigate and design a mixed structure in accordance with the conditions of Iranian banks. Since we want to obtain performance of different divisions of the new structure, an envelopment form of the NDEA model had to be used. Therefore, a slack-based NDEA model was selected to solve its mathematical model. The study sample consisted of 31 branches of a large commercial bank in Iran. The advantage of this research to previous studies is that the result will be more realistic considering the inputs and outputs consistent with Irans banking conditions. The interesting result of this research can be mentioned as follows: there is no need to allocate high inputs in order to obtain the maximum efficiency of the branches.
Keywords: Data envelopment analysis (DEA); Mixed System; Network; Efficiency; Banking industry; Performance evaluation; Iranian banks.
Work-family Conflict of Women Entrepreneurs in the Informal sector in India.
by SHOBHANA NARAYANAN, ANNETTE BARNABAS
Abstract: The objective of the study is to investigate the work-family conflict of women entrepreneurs in the informal sector in India. It considers the impact of demographic variables on the work-family conflict. It also focuses on the obstacles, namely, the economic and legal factors along with family-related factors, gender-related issues and technical factors, faced by women entrepreneurs, and their impact on work-family conflict. The study used a survey instrument to collect data from 245 women entrepreneurs from Tamil Nadu, India. The findings of the study depict that among the demographic variables, the time spent at home had the highest impact on the work-family conflict. The overall findings conclude that lack of spousal support, one of the family related factors is the best predictor of work-family conflict among the various obstacles faced by women entrepreneurs.
Keywords: women entrepreneurs; informal sector; obstacles; work-family conflict; India.
DOES PROFIT SHARING ENHANCE PRODUCTIVITY: EVIDENCE FROM THE RETAIL FOOD INDUSTRY IN CANADA
by Mahmoud Askari, Ghaleb A. El Refae
Abstract: In this paper, we provide further support for using profit sharing to enhance productivity and profitability from the retail food industry in Canada. The overall gross profit percentage (GP%) of a retail store was used as a measure of productivity and profitability for the store. In addition, and as another measure of productivity, the study compared the performance of one of the most sensitive departments in a food retail store, and that is the GP% of the produce department. Results show that the overall actual GP% of the studied location has increased by 1.74% in the first quarter of using profit sharing, when compared with the previous quarter. Results also show an actual GP% increase of 1.12% for the profit sharing quarter when compared with the previous year that preceded the shift to profit sharing compensation system.
Keywords: Profit Sharing; Productivity; Motivation; Performance; Incentives.
Operational Excellence in the Value Stream of Electricity Distribution
by Bahman Jamshidieini
Abstract: Sustainable success is the ultimate aim of electricity distribution companies. However, it cannot be achieved without an efficient supply chain that rigorously creates value for customers. Operational excellence (OPEX) is a holistic discipline which can help electricity distribution companies to pursue this path by focusing on waste minimisation and improve the service continuity. In the current study, the value stream of electricity distribution and its processes were studied and for the first time, an integrated OPEX framework for this business was developed. This framework is comprised of both technical and organisational aspects such as business intelligence, integrated asset management, and resilient supply chain.
Keywords: Operational Excellence (OPEX); electricity distribution companies; value stream; business process management; continuous improvement; sustainable success.
Assessment of Liquidity Risk Management in Islamic and Conventional Banks - An Empirical Study
by Suleiman Mohammad, Asma Hussein Khalaf Al-znaimat, Abdullah Aldaas, Asem Tahtamouni
Abstract: The aim of this study was to assess liquidity risk management (LRM) practices in Jordanian Islamic and conventional banks during the period (2013-2017). Data used were comprised from six banks, which consisted of three Islamic and three conventional banks in Jordan. Data from the banks financial annual reports covering from 2013-2017 were used to calculate the ratios used as a substitute for liquidity risk in conventional banking as well as Islamic banking in Jordan. The study found the relationship of the size of financial institution, return on asset, return on equity, and capital adequacy ratio with liquidity risk measurement is positive and important both in Islamic banks and conventional banks. Researchers found the practices of LRM are not optimal, yet were based on some considerations explained in this study. Further, progressive actions needs to be taken by the regulators and the banking players to improve the LRM practices.
Keywords: Liquidity risk; risk management; Islamic banks; conventional banks; Jordan; and financial ratios.
Determinants of Consumer's Buying Behavior for digital products in Trade Fair
by Navneet Gera, Davide Di Fatta
Abstract: The purpose of this study is to examine the factors which have an effect on the intention to shop digital products at the India International Trade Fair. The study comprises both qualitative and quantitative analysis of the buying behaviour of consumers who visit trade fair. For this, a sample of 160 respondents has been taken by using non-random convenience sampling method. The key factors, i.e., value for money (price and quality), brand awareness and service utility were identified and analysed through the use of factor analysis. Findings point out that value for money and brand awareness are the most important variables that influence decision of consumers to shop at trade fair. The study also suggests that sellers of digital products can leverage the above factors to influence consumers to buy at the trade fair. This research is exploratory and causal with potential to be confirmed in the different trade fairs in future. Trade fairs also provide an opportunity for networking and thus relationship marketing plays an important role. Further, the research has opened up the areas of research in Indian context and has concluded with managerial implications.
Keywords: consumer buying behaviour; digital products; trade fair; value for money.
Reducing Costs in Manufacturing Firms by Using Target Costing Technique
by Hamood Mohd Al-Hattami, Jawahar D. Kabra, Murlidhar Lokhande
Abstract: The main study purpose is to explore: 1) whether the use of traditional methods leads to higher costs; 2) whether the use of target costing technique leads to lowering costs and increasing the profit margin of the firm. This paper is based on case study data, collected at one manufacturing firm (furniture). Target costing is a relatively simple technique and easy to understand and apply, although it has a significant impact on the profitability and competitive advantage of firms. The major study results include the following: 1) cost-based pricing in the factory leads to higher prices and an inability to compete; 2) the application of the target costing technique led to achieving a reduction in costs to the target reduction using tear-down analysis and value engineering. Moreover, it is also possible to confront local and foreign competition in a clear and orderly manner. The study also concluded that this technique has succeeded in lowering costs when applied in the factory (the study sample).
Keywords: target costing; target costing technique; cost reduction.
Harnessing Demographical Differences in Life Satisfaction: Indian Manufacturing Sector
by Rinki Dahiya, Santosh Rangnekar
Abstract: With the advent of research on employee demographics, organisational researchers have re-illuminated the importance of life satisfaction in working adults. With this precept in mind, the purpose of the present study is to test the demographically-based perceptions of life satisfaction. The data were collected through the survey method from 404 full-time employees working in the manufacturing sector organisations in India and analysed with the help of the T-test and ANOVA technique. The results showed that perception of life satisfaction in employees significantly differ according to age, gender, education and income level. Further, the results revealed that male employees perceive higher life satisfaction than female employees and elderly employees perceive more life satisfaction than younger and middle aged employees. Also, more educated an employee is higher the perception of life satisfaction. Furthermore, the perceptions of life satisfaction increases with higher income level. These findings attempt to provide the HR professionals and practitioners with some knowledge that how the employees perceive their life satisfaction based on demographics and posit a more sensitive attitude towards employee's life satisfaction. The study also highlights that due attention should be given to demographical diversity while transfiguring human resource practices in the organisations.
Keywords: Life satisfaction; employees; gender; education; income; Indian organisations.
CHANGING POVERTY LINE- INCLUSION AND EXCLUSION OF POOR IN INDIAN STATES
by BALAJI MURUGESAN
Abstract: The Tendulkar committee and the Rangarajan committee had provided different poverty estimates for India in the past. It is necessary to appreciate the consequences of changing poverty estimates in identification of poor and non-poor households. This paper seeks to examine the sensitivity of the distributional profile in eight developed and under developed Indian states to a unit change in Tendulkar poverty line by applying kernel density function for the consumer expenditure distribution from the National Sample Survey Organization's 55th, 61st, 66th and 68th quinquennial rounds. The developed states have exhibited higher sensitivity compared to neo-patrimonial states to a unit change in poverty line. It is ascertained that the inclusion error will decline and exclusion error will increase if we move down the poverty line over a period of time as the poor people in the poverty zone are escaping at varied rates across space and time.
Keywords: POVERTY;POOR; POVERTY LINE;POVERTY MEASUREMENT.
Empowering Leadership to Performance Excellence: The role of Knowledge Sharing and Self Efficacy
by Sunu Widianto
Abstract: Leadership style is known as a prominent factor of employee performance in the organisation. Very few studies have examined the link between empowering leadership style and performance among health workers especially in South East Asia country such as Indonesia. The aim of this study is investigate the link between empowering leadership, self-efficacy, knowledge sharing and job performance of professional health workers in Indonesia. We surveyed 103 nurses in a large private hospital in Indonesia using self-administered questionnaires. The employees assessed empowering leadership style of their immediate manager and self-perception of their level self-efficacy, knowledge sharing and job performance. To test the hypotheses, we used partial least square. The finding shows that empowering leadership styles significantly relates to job performance through self-efficacy. Surprisingly, empowering leadership does not relate to knowledge sharing and link to the job performance.
Keywords: Empowering leadership; Self-efficacy; Knowledge sharing; Hospital; Job performance excellence.
Bank-group wise Comparison of Loan Recovery Performance of Commercial Banks in India
by ROBIN THOMAS, Shailesh Singh Thakur
Abstract: In scholarly banking literature, the non-performing loans are associated with bank runs, bank failure and eventual management quality of banks. Non-performing loans have both exogenous and endogenous attributions in banking literature. However, macroeconomic conditions in an economy being ceteris paribus, empirical literature finds support for the
Keywords: Loan Recovery; Nonperforming Loans; Bank Management; Panel Data Regression; Dummy Variable Regression.
The Relationship between Personality Traits and Individual Performance: A Case Study in Malaysian Hotel Industry
by Javad Shahreki
Abstract: Performance management is an essential factor for the continued success of any organisation. A good individual performance leads to good organisational performance and success, or vice-versa it could lead to unfavourable stress and tension for employees and poor performance of the organisation. In the hotel industry particularly, positive personality traits in general managers (GMs) and assistant general managers (asst. GMs) performance can improve the performance of employees and hotel. Therefore, investigating the relationship between personality traits and individual performance is highly concern of current researches. This study aims to investigate the relationships between GM and asst. GM of the hotel industry in Malaysia by conducting interviews on personality traits and individual performance. Among five personality traits, which are openness to experience, conscientiousness, agreeableness, extraversion, and neuroticism, the findings revealed that conscientiousness and agreeableness are the most significant ones in GM and asst. GM performance. The study also discusses further on the individual performance of GM and asst. GM as well as the personality traits characteristics.
Keywords: Personality traits; Individual performance; Tourism industry; Hotel industry.
An empirical study on the influence of Customers Banking Operational Characteristics [Banking Habits] towards the adoption of Internet Banking
by Saravanan Perumal
Abstract: The focal point of the study is the impact of customers socio-economic and banking operational characteristics on adoption of internet banking (IB) in Chennai Metropolitan city with specific reference to Indian bank. The findings of the study will benefit one of the reputed public sector bank in India directly and also the other public sector banks indirectly by providing the statistics on the influence of
Keywords: Internet Banking; Adoption; Banking Habits; Socio-economic; Banking Operational Characteristics.
Determining the foreign market potential for Iranian sporting goods
by Geoff Dickson, Mohammad Rasoul Khodadadi, Adel Shomali, Roghayeh Sarlab
Abstract: The selection of export markets is a difficult choice. There is a plethora of international markets, but some will be more attractive than others. This study determines the foreign market potential for Iranian sporting goods. Using secondary data obtained from the United Nations, we used both screening and numerical taxonomy approaches. The two approaches produced divergent findings. The screening approach identified China, Bulgaria, the USA, Canada and Panama as the best export target markets. In contrast, the numerical taxonomy approaches indicated Panama, Australia, Macao and Singapore as the best export markets. Given the size and likely growth of the global sporting goods industry, there is a potential for Iran to access more of this global demand. However, to do this Iran must overcome economic sanctions, inflation, a poor national brand, fluctuating exchange rates, and political instability.
Keywords: international market selection; foreign market selection; numerical taxonomy; screening; foreign markets; export markets.
Perceived Awareness and Practiced Level of Soft Skills among Personnel in the Telecom Industry of Bangladesh
by Tamanna Eva, Rumana Afroze
Abstract: Presently, organisations are emphasising on employees soft skills to gain a competitive advantage. This study aims to explore the awareness level and practices of soft skills among managers and non-managerial employees in the telecom industry of Bangladesh. It also attempts to measure the correlation among various skills, discover the central role player in developing soft skills and identify the availability of training facilities in the workplace to improve those skills. A structured questionnaire has been administered to collect data from 75 respondents of five telecom companies with adopting a convenience sampling method. The quantitative approach has been followed to complete this paper. Collected data have been analysed through descriptive statistics: mean score, ANOVA and correlation analysis. The result reveals that respondents are well aware of soft skills and they are practicing the maximum number of contents in a similar way except effective action taking ability, integrity, experience in organising programs and being friendly. The study also discovers significant and positive relationships among several of soft skills. Moreover, self-motivation plays the central role to develop employees soft skills which later organisations try to enrich through training. Findings would be beneficial for enhancing employees soft skills practices to achieve competency.
Keywords: Soft Skills Awareness; Role player; Training; Organizational performance; Telecom Industry.
ELEMENTS IMPACTING THE ADOPTION OF M-APP AMONG THE TRAVEL COMPANIES IN INDIA
by Debarun Chakraborty
Abstract: Nowadays, adoption of various mobile apps through smartphone is a common practice. Throughout the world, smartphone users are exposed to various apps. The purpose of the study is to find the factors impacting when the consumers are adopting the mobile apps amongst various travel organisations. Simple random sampling has been used to collect the samples from all the four metro cities of India. One hundred eighty-two responses have been collected from various areas of Delhi, Kolkata, Mumbai and Chennai. Multiple regression analysis has been used to conduct the study through SPSS v. 21. The findings of the study revealed that technological, organisational, environmental, perceived cost and perceived trust significantly affected the adoption of mobile applications by tourism organisations in India.
Keywords: M-app; Travel companies; Adoption; Cost; Security.
A systematic review of the integration of best practices for world class manufacturing
by Abhijeet K. Digalwar, Anirudh Tusnial
Abstract: Manufacturing organisations are trying to become world class by integrating best practices. While multiple authors have studied world class manufacturing (WCM), no paper consolidates these results. Further certain inconsistencies are found in existing WCM frameworks. A need was therefore felt to clearly identify and define the scope of best manufacturing practices identified from different countries and industries. 173 research papers on WCM were collected from different online databases and reviewed for the purpose of this study. A descriptive analysis was performed to understand the timeline, geographic, author and journal related trends of the papers. Papers were also classified based on content and industry settings. The best practices identified were defined and the popularity of each best practice was evaluated on the basis of number of mentions. The paper finally proposes a new framework for WCM, inspired from the functioning of the human body.
Keywords: World class manufacturing; manufacturing excellence; manufacturing best practices; literature review.
Sustainable Development: Gender Equality as Corporate Social Responsibility by Mining Companies
by Nattavud Pimpa
Abstract: The gendered impacts of mining industry on women is critical for mining companies. A key challenge for the management of sustainable development programs for gender equality is the need to develop sophisticated approaches that work at the local and international levels. In this paper, the researcher investigates the impact of CSR programs on women through the perceptions and life experiences of female workers and various members of the mining community in La PDRs. The results show that CSR programs on women employment, social roles of women in the organisation, health promotion, and vocational training can influence the likelihood of sustainable development by mining companies. However, the extent to which mining companies can be considered focus and accountable development agents remains limited due to the instrumental nature of development-oriented CSR programs.
Keywords: Gender; Women and Work; CSR; Sustainable Development.
Developing a Brand Performance Model Based on Customer-based Brand Equity in the Market of Irans Banking Services
by Azarnoush Ansari, Ali Kazemi, Seyed Reza Jalalzadeh
Abstract: Awareness of banking brand performance and its evaluation is one of the main goals and success indicators of an organisation in achieving its aims and missions. Meanwhile, performance assessment indicators in different areas and the factors influencing it are different from one organisation to another. In the current research, based on theoretical and quantitative research, we tried to present a conceptual model for explaining different dimensions of each of the variables of research. The present study is an applied research in nature and were conducted with the aim of explanation in two stages. First, after reviewing the subject literature, the basic model was designed and then the initial conceptual model was completed using the Delphi method and confirmed by experts. Eventually, the final model was analysed by data analysis and structural equation modelling and SmartPLS software. The results of the research show that customer-based brand equity directly affects market performance. It also indirectly affects market performance through customer relationship equity. Also, among the constructs that constitute brand equity and customer relationship equity, all dimensions, except brand differentiation and brand awareness, affect the constructs constituting customer relationship equity.
Keywords: customer-based brand equity; customer relationship equity; brand performance; Delphi method; Banking Services; Brand identity.
Sources entrusted by the economically poor: Evidences from India, the largest poor consumer base in the world
by Arvind Kumar
Abstract: With a market value of US$570.1 billion, fast moving consumer goods (FMCGs) industry is propounded to be the worlds fourth largest industry and a very significant part of its rank comes from the consumptions made by poor. Poor, by necessity, spend a substantial part of their income on FMCGs and their population is a better half of the worlds population. It evokes poor as a significant market for the FMCGs but still the purchase behaviour of poor for FMCGs still stands at a very nascent stage, especially in developing countries context. Present research bridges the gap on one of the largely untouched but a very important aspect of consumer behaviour of poor. Specifically, it evaluates sources of product information entrusted by poor for their FMCGs purchases in the context of India, a developing country domiciling the worlds largest part of poor inhabitants. It interviews three hundred sixty poor (below poverty line) families of Delhi, India through multi stage cluster sampling and reveals that poor in Delhi, India entrusts TV and their families as the main marketer dominated and non marketer dominated sources for their FMCG purchases respectively.
Keywords: FMCG; economically poor; marketer dominated sources of product information; non marketer dominated sources of product information.
A Comparative Analysis of the Performance of Islamic and Conventional Banks: Does Corporate Governance Matter?
by Ejaz Aslam, Razali Haron, Salman Ahmad
Abstract: The purpose of this study is to investigate the impact of corporate governance (CG) internal structure on the performance of Islamic and conventional banking system in Pakistan. To account for the problem of heteroscedasticity, this study used GLS estimation technique by using a sample of five fully fledged Islamic and 15 conventional banks for the period from 2006 to 2015. The study finds that board size and its composition largely contribute to the Islamic and conventional banking performance. However, board committees have an insignificant relationship with the performance of conventional and Islamic banks that demands further investigation into the structure and powers of the board committees. In short, this study provides evidence that corporate governance does matter for the performance of Islamic and conventional banking. The current findings are useful for the policymakers and regulators to improve the existing governance structure for achieving better performance in the financial sector.
Keywords: Corporate Governance; Islamic and Conventional Banks; Operational Performance; Financial Performance; Stock Performance; GLS.
What makes students choose a career? An exploratory study among students of management education
by Mahesh Prabhu H, Sriram K. V
Abstract: Students in India have a fascination for management education, which is indicated by the exponential increase in the number of B Schools in the recent years. A study of reasons for students preferring management as a career choice will help us in understanding their decision-making process. An exploratory study was conducted to identify and rank the factors individuals consider before making a career decision. The important factors that emerged during the study were individuals family background, financial position, decision-making autonomy and many more. These factors were ranked based on their relative importance for individuals who were pursuing a full-time post-graduate program in management education at a reputed university in India. A group discussion was conducted amongst the students to record their views on the various factors and the type of relationship between the factors that influence their career choice. The factors identified were ranked by using interpretive structural equation modelling (ISM). Among the various factors identified, the quality of life associated with a career was ranked as the most important factor in making a career choice and thus making it the most significant variable in the system.
Keywords: Career choice; Students; Delphi technique; Interpretive Structural Equation Modeling (ISM); Quality of life; Management education.
SEM approach to determine factors affecting e-government success in Jordan
by Abbas Al-Refaie, Abeer Mahmoud Ramadna
Abstract: This research aims at identifying the effects regulation, website quality, relationship, employees skill, and worth on the success of e-government in Jordan from the perspectives users and employees using structural equation modelling (SEM). Initially, a structural model is proposed. A total of 1100 surveys were distributed to employees and government services users. The multicollinearity and consistency in the item measures were checked. Then, the validity of the measurement and structural models is assessed. The results revealed the important factors that affect e-government success. Further, the structural model is evaluated in four major organisations that provide e-government services from both user and employee perspectives. Results showed variations in e-government success among organisations and the level of e-government success still lags behind meeting users and employee expectations in most organisations. In conclusions, Jordanian organisations should deliver high-quality demand driven services, ensure public sector transparency and accountability, reduce indirect cost of obtaining services, increase ease of interacting with government, promote development of Jordans ICT sector, develop skills within the public sector, boost e-commerce activities, improve information security and end user privacy, and mitigate the risk through a coordinated approach involving technology tools, policy guidance, and training.
Keywords: E-government; SEM; Regulation; Website quality; Relationship;Worth.
Generating and Quantifying Consumer Preferences using Kansei and Fuzzy Analytical Hierarchical Process
by Elia Oey, Bennet Rheza Paleva, Jimmy Weijaya, Billy Bongara
Abstract: Understanding what consumers want is essential for firms to remain competitive. With more fragmented market, product development nowadays searches more to consumer feeling instead of product functionality. The research is a case study in a medium size apparel manufacturer for their male premium t-shirt. The study covered identification and hierarchisation of consumer preferences using Kansei engineering technique, and quantification of the weight of each Kansei words using fuzzy analytical hierarchical process method. The study identified 19 cleansed Kansei words hierarchised under five groups. The result showed
Keywords: Kansei; Fuzzy Analytical Hierarchical Process; Consumer Preferences.
Lean Strategies for Scheduled Maintenance Operations
by W.E.I. LU, Malini Natarajarathinam, Aparajit Koshal, Chris Chandler
Abstract: As the E-6B airframe ages, it is becoming increasingly difficult to maintain the minimum requirements for fleet ready for tasking (RFT) aircraft assets. The research conducted in this project has the primary focus of finding solutions to this problem that will ultimately increase the number of RFT aircraft in the E-6B community. The E-6B operates in support of United States Strategic Command, providing a survivable airborne nuclear communication platform in support of nuclear deterrence. This paper evaluates lean strategies in relation to the scheduled maintenance program of the E-6B and details the results of a manpower study and potential manpower solution utilising lean principles with relation to manpower.
Keywords: Lean scheduled maintenance; phase inspection; manpower management; manpower utilization; ready for tasking; process improvement; human capital; Lean production; creating value.
The Relationship between Organisational Ambidexterity and Organisational Performance: The Mediating Role of Innovation
by Rateb Sweis, Israa Alamayreh, Bader Yousef Obeidat
Abstract: The impetus of this study is to examine the mediating role of innovation on the relationship between organisational ambidexterity and organisational performance in Jordanian pharmaceutical organisations. The data was collected using questionnaires that were distributed to the managerial levels employees of 14 Jordanian pharmaceutical organisations. The findings reveal that organisational ambidexterity is significantly related to innovation and organisational performance. As well as, there is a significant effect of innovation on organisational performance. Furthermore, the findings confirm that innovation mediate the relationship between organisational ambidexterity and organisational performance. This study is limited in terms of small sample size and solo industry. One clear implication is the need for managers to become more conscious of the necessity to allocate resources between ambidexterity capabilities. They also need to employ their organisations ambidexterity capabilities in favour of innovativeness with the purpose to enhance the organisational performance. This is the first study examining the role of innovation on the relationship between organisational ambidexterity and organisational.
Keywords: Organisational ambidexterity; Innovation; Organisational performance; Jordanian pharmaceutical organisations.
The Relationship between Employee Self-Concept, Brand Identity, Brand Pride and Brand Citizenship Behavior and Customer Satisfaction
by Ali Rezaei, Sara Jahan Abadi, Zahra Mahdavipour, Fateme Nazari
Abstract: The aim of this study is to examine the relationship between employee self-concept, brand identity, brand pride and brand citizenship behaviour and customer satisfaction. This study uses data from the service employees and customers in the hotel industry in Isfahan in 2016. The 357 customer-employee pairs filled out a questionnaire. A structural equation modelling technique using SPSS and AMOS software was used to analyse data of the questionnaire. The results of this study show consistency of brand and actual self and ideal self of employees had a positive and significant effect on brand identification and brand pride. Moreover, brand identification had a positive and significant effect on brand pride. Brand identification and brand pride had a positive and significant effect on brand citizenship behaviour which led to customer satisfaction.
Keywords: employee self-concept; brand identity; brand pride; brand citizenship behavior; customer satisfaction.
Intellectual Property Rights Practices and Its Influence on Firms Performance: An Empirical Study across Indian Software Product Firms
by Sumukh Hungund
Abstract: Studies on innovation have drawn the attention of the researchers. This paper discusses intellectual property rights as an innovation approach adopted by software product firms and its influence on the performance of these firms. The objective of the paper is to examine the influence of intellectual property rights practices on firm performance. The methodology comprises two steps. First, all the variables relevant to practices of open innovation with respect to IPR are identified. Subsequently, primary data is gathered from decision makers of 213 SMEs. IBM SPSS is the statistical tool employed and robust statistical technique such as ordinal logistic regression analysis is performed to test the hypothesis. The result shows that purchasing of intellectual property rights influences firm performance with respect to overall performance and more product development.
Keywords: Intellectual Property Rights; Innovation Practices; Licensing; Purchase; Sell-out; SME; and Firm Performance.
Political Connections and Cash Holdings in Financially Constrained Firms: Evidence from Top 500 Firms in Malaysia
by Norazlin Ahmad, Irene Wei Kiong Ting, Noor Azlinna Azizan, Qian Long Kweh
Abstract: This study examined the association between political connections and corporate cash holdings, with a focus on financially-constrained firms. Using a unique dataset of the top 500 publicly listed firms in Malaysia as determined by market capitalisation for the years 20012004, this study measured political connections based on informal ties and government supports. The empirical results of this study show that firms with financial constraints have a lower level of cash holdings, while politically connected firms hold more cash. However, politically connected firms with financial constraints hold more cash. Taken together, this study shows that financially constrained firms are relatively conservative in their cash holdings when they are politically connected even though they are generally perceived as risky by investors, consistent with precautionary motives. The outcome of this study should prove useful in assessing the potential economic consequences to the business environment of politically connected firms, especially in shaping corporate policy.
Keywords: cash holdings; political connections; financial constraint; publicly listed firms.
Factors propelling use of Islamic Banking Services: The moderating role of Customer Intimacy
by Majeed Mansour
Abstract: This study investigates factors propelling use of Islamic banking products and services. The present study develops an amalgamated model with the help of cognitive and emotional factors to investigate customer satisfaction and loyalty towards use of Islamic banking services. Data was collected from Islamic banking customers and empirically tested using structural equation modelling (SEM). Findings reveal that customer satisfaction was jointly predicted by awareness, reputation, compatibility, complexity, trust and commitment and explained R2 78.7% variance in Islamic banking customer satisfaction. On the flipside customer loyalty was predicted by customer satisfaction and customer intimacy and depicted R2 20.6% variance in customer loyalty. Extending to this, the present study confirmed the moderating role of customer intimacy wherein positive relationship between customer satisfaction and customer loyalty will be stronger when customer intimacy is higher. Finally, research limitations and future research direction are discussed.
Keywords: Customer Intimacy; Awareness; Reputation; Trust; Commitment; Compatibility; Complexity; Customer Satisfaction; Customer Loyalty; Structural Equation Modeling.
Role of Sacrifice and Service Quality in the Indian Restaurant Industry
by Prabhat Kumar Singh Kushwah, Pankaj Singh
Abstract: The present study attempts to investigate the role of sacrifice and service quality in Indian restaurants. Responses were collected from 420 respondents using a convenience sampling approach and analysed with the help of confirmatory factor analysis and structural equation modelling. The data were collected using convenience study which was intended to point out the influence of service quality, sacrifice, service value, customer satisfaction, and behavioural intentions of 420 respondents of the metropolitan cities of India. Data analysis tools used in this research were EFA, CFA, and SEM the results disclosed that the service quality influenced sacrifice, service value, customer satisfaction, and behavioural intentions. for future study the research can focus on to identify antecedents of the sacrifice, service value and satisfaction relationship was not included in the model of the study in future research researchers can include this relationship in their model and sacrifice was not used as a mediator among service quality and service value in future research researchers can find out a mediating role of sacrifice.
Keywords: service quality; service value; customer satisfaction; sacrifice and behavioural intentions.
Perspectives of Performance Management with holistic views: Revisiting Baldrige Excellence Framework.
by Mohan Karambelkar, Shubhasheesh Bhattacharya
Abstract: The purpose of this paper is to develop holistic views of organisation-wide performance management (OWPM) using the Baldrige Excellence Framework (BEF). The research papers, selected from Scopus database based on a holistic approach and BEF criteria, are reviewed and presented in a narrative format. The narratives are organised in five perspectives organisation-wide processes, organisation-wide information, organisation-wide training, overall stakeholders, and hierarchical relationship. Practitioners can utilise these views and holistic approach for a deeper understanding of BEF for successful implementation. Researchers can explore different options or paths to explain or predict the high performance that leads to business excellence. Practitioners and researchers can utilise kaleidoscope thinking to discover innovative prospects for performance management.
Keywords: Baldrige Excellence Framework; Organization-wide Performance management; holistic approach; business excellence.
Organizational performance and growth in start-up enterprises: Analysis of leadership patterns and functional perceptions
by Ananya Rajagopal, Fernando Moya
Abstract: This study aims at analysing perceptions of entrepreneurial leaders to determine leadership patterns in start-up enterprises (SUEs). Perceptions of entrepreneurial leaders in reference to employee openness, administrative controls, innovations, and spatial expansions of SUEs have been critically examined in the study. This study has been conducted using qualitative research method, by applying in-depth interviews to the entrepreneurial leaders. In-depth interviews from entrepreneurial leaders of 32 start-up enterprises have been conducted within metropolitan area of Mexico City, which accounts for 10.25% of the top ranked start-ups, selected using convenience sampling method. Research instrument has been developed based on two focus group discussions. This study reveals that leadership in SUEs is centralised, which offers low flexibility and employee openness while exercising high administrative controls. However, in some SUEs, leadership is transforming by delegating autonomy to teams for specific functions. Innovations in SUEs are partially driven by employees and entrepreneurial leaders.
Keywords: Leadership; employee openness; administrative control; organizational growth; start-up enterprises.
Capacity Management Strategies in Supply Chains
by Githa Heggde, Renu Rajani
Abstract: This paper presents a thorough review of research in the areas of capacity management strategies (CMS), based on product-based and services-based supply chains, as applicable to services industry. Research efforts highlight CMS as a neglected discipline in supply chains (SCs), especially with emerging shift from goods to services supply chains (SSCs). 133 papers were analysed in detail for review after four levels of filtering of 6,328 records of citations and reading of 664 papers. The review context includes both goods and services, cross-geographies, across all elements of exchanges (assets, information, knowledge and relationships), across supply chain structures and covers research carried out involving various methodologies. The findings indicate research gaps in developing economies, for evolving network-based supply chain structures, and need to integrate research from disciplines of services marketing, manufacturing supply chains, industrial engineering, and operations management to provide methodical approaches to capacity management in SSCs. A value delivery framework is arrived at for use of CMS to address supply chain risks (SCRs) and to improve company performance.
Keywords: Supply Chain Management (SCM); Services Supply Chain Management (SSCM); Capacity management Options; (CMOs); Supply Chain (SC); Capacity Management Strategies (CMS); Supply Chain Risk (SCR).
META-RELQUAL in Business Relationships: A Sales Perspective
by Nils M. Høgevold, Göran Svensson, Pierre Mostert, Mariëtte Zietsman
Abstract: The objective is to use insights gained from studies that have tested and retested META-RELQUAL based on a buyer business relationships to establish whether META-RELQUAL is valid and reliable within a business sales' context. A survey based on a cross-industrial sample of salespeople in Norwegian companies yielded a valid response rate of 40.7%. The results from this study indicate that META-RELQUAL is also valid under Norwegian salespeople within business relationships. The construct of META-RELQUAL tested in this study enables the corporate verification of both the buyer and sales perspectives in ongoing business relationships. Suggestions for further research are provided. This study contributes by successfully testing META-RELQUAL within a sales context as opposed to multiple previous studies focusing on a buyer perspective.
Keywords: Relationship marketing; relationship quality; META-RELQUAL; social exchange theory (SET); transaction cost analysis (TCA); business relationships; sales perspective.
The Impact of Digital Transformation Strategy on Customers Satisfaction in the Palestinian Telecom Industry
by Raed Iriqat, Ahmad Jaradat
Abstract: This paper aims to identify the impact of digital transformation strategy on customer satisfaction in the Palestinian telecom industry. One of the major roles of digital transformation strategies is to enlighten business ventures on finding new ways to sell and promote products, which will eventually lead to better meeting customers' needs and expectations. The findings show that there is a significant impact of digital transformation strategy on Customers' Satisfaction in Palestinian telecom industry. In addition, it found that perception of digital transformation strategy dimensions are significantly correlated to customers' satisfaction in Palestinian telecom industry. Study recommended telecommunications companies in Palestine to modify their business models and adopt new models that focus on customers and new digital products, also they were advised to adopt new technologies that can expand their business such as adopting internet of things (IoT) technologies and to engage customers in the process of product development.
Keywords: Digital Transformation Strategy; Customers Satisfaction; Telecom Industry.
SSTQUAL Model: Assessment of ATM Service Quality in an Emerging Economy
by Mohd Adil, Mohd Nasir, Mohd Sadiq, Kumkum Bharti
Abstract: This study aims to identify the key dimensions of automated teller machine (ATM) service quality and attempts to analyse the dynamic relationships among service quality, e-satisfaction and e-loyalty in Indian bank industry. Items were drawn from well-known SSTQUAL model, with cultural adjustment and industry specific modifications. A structured questionnaire in English language was used to collect the data from 360 ATM users. Research findings show that security/privacy and enjoyments have emerged as key dimensions that concern ATM users in India. The relative importance of the SSTQUAL dimensions identified in this study provides bank managers with a handbook as to which issues are critical in order of importance. Because of the limited sample size, the research results may lack generalisability. More replicative works are needed to enhance the generalisability.
Keywords: SSTQUAL; ATM; service quality; banking; India.
Effective Factors on Human Capital Retention in Less Prosperous Regions: An Empirical Study
by Nour Mohammad Yaghoubi
Abstract: Human resources are the key element in development and excellence of an organisation. As large global organisations owe their international success to committed knowledge labour force, adoption of sound policies and proper management is very important in survival and retention of human resources. Currently, human resources leave the organisations in less prosperous areas due to lack of attention to needs and proper management. This study tends to investigate effective factors on retention of human resources in less prosperous areas (Zahedan Payame Noor University). These factors are identified based on literature, and classified into four groups of environmental, organisational, managerial and individual factors. Statistical population of the study consists of 70 university staff and professors. Considering finite population of the study, a questionnaire is distributed among all people. The results showed that the factors studied in this study are effective on retention of human resources. Meanwhile, managerial factor has the greatest effect on human resource retention.
Keywords: human resource retention; environmental factors; organizational factors; managerial factors; individual factors.
Hedging Strategies and Performance of the U.S. Financial Holding Companies: A Dynamic Frontier Analysis
by Mohammad Nourani, Qian Long Kweh, Yun-Hao Wu, Fu-Chiang Chen, Ikhlaas Gurrib
Abstract: Globalisation led to dynamic developments in the area of financial innovation. The main object of this study is to shed light into the relationship between hedging strategies and operational performance. We initially employed a dynamic data envelopment analysis model to incorporate carry-over items in order to assess the long-term operating performance of the top 50 US financial holding companies (FHCs) over the period 2005 to 2009. We then evaluated the operating performance of the US FHCs, as the financial situation changes over time. Empirically, we also provide evidence that the choice of an appropriate hedging strategy is crucial for FHCs even after a series of structural reforms following the latest global financial crisis.
Keywords: hedging strategies; long-term performance; data envelopment analysis; dynamic slack-based measures; financial holding companies; U.S.
Strategy code: indicators of organisational alignment for obtaining strategy implementation effectiveness
by Luís A. Monteiro De Barros, Adalberto Fischmann
Abstract: This study aimed to investigate whether organisational strategy implementation is effective given the alignment of certain strategic systems. The method used to achieve the proposed objective basically consisted of applying logistic regression to fit a model to the data collected, which allows the values of the dependent variable (effectiveness of strategy implementation) to be estimated from the values of the predictor variables (level of strategic alignment). The originality of this study lies in its systemic approach to the problem of strategy implementation and its final propositions represent a step forward in understanding the key code of strategy, suggesting that the alignment of some strategic systems is more important than other alignments and that, to be effective, firms must align their strategies with the necessary resources and planned initiatives to implement them, with their strategic controls, as well as with the organisational design.
Keywords: strategy code; indicators; organisational alignment; strategy implementation; strategic effectiveness; strategic systems; resources; initiatives; controls; organisational design.
Development and Deployment of Organizational Culture Maturity Model (TMKC) for the Business Excellence Success
by Nandkumar Mishra
Abstract: The paper describes the development of the maturity-based organisational culture model (TMKC team bonding-motivation-knowledge management-commitment for improvement). Each level of the model has practices for the improvements. The model deployment in 11 different organisations indicates the earnings before interest, depreciation, taxes and amortisation (EBITDA) are significantly higher. Delphi method-based survey, dipstick survey and correlation analysis were applied to discover the extent of the problem. The cluster analysis, principal components analysis and artificial neural network were used to prioritise organisation-based cultural factors from 13 to 4. The impact of TMKC model was validated through pilots and statistical tests. The higher maturity levels of 4 and 5 have significantly increased business excellence (BE) initiative goal achievement rate from 34% to 86%. The successful TMKC model deployment positively impacts % EBITDA change. The model has been piloted in 11 cases and its finding can change with deployments in varied instances.
Keywords: Team bonding- Motivation- Knowledge management- Commitment for the improvement (TMKC); Business Excellence; Maturity Models; Principal Components Analysis; Cluster Analysis; Artificial Neural Network.
Measuring performance in Education: a cross-country analysis
by Leonardo Flach, Luisa Karam De Mattos, Marcelo Machado De Freitas, David Hammes Junior
Abstract: This research aims to identify and analyse the variables that affect the efficiency of public spending in secondary education, in a cross-country perspective. Applying the methods of data envelopment analysis, Malmquist index, and panel data regression, we analysed data from 65 countries that undertook the PISA examination. The results demonstrate that Brazil was the most inefficient in applying its resources over the period and achieved only 84.3% of its potential outputs. Finally, the significant variables in explaining the efficiency were the natural logarithm of the GDP per capita, the curriculum autonomy of schools, financial autonomy, and the level of corruption and the socioeconomic backgrounds of students.
Keywords: Performance Measurement; Efficiency; Education; Panel Data Analysis; Malmquist Index; Cross-country Analysis.
Audit report lag determinants: a panel data regression model with all companies listed on the Dow Jones Stock Index
by Leonardo Flach, David Hammes Junior, Luisa Karam De Mattos
Abstract: This study aims to analyse the determinants of audit report lag (ARL) in companies listed on the Dow Jones Stock Index and identify whether the companies audited by an auditing firm with expertise in the audited sector have a lower ARL than the others. We applied a panel data regression model with all companies listed on the Dow Jones Stock Index. We collected data from several variables, during the years from 2013 to 2017. We collected the data at the website of each company, in the reference forms and in the standardised financial statements. Other data we collected at the website Edgar Online. We started with the hypothesis that companies audited by expert auditors have a lower ARL than the other companies. The importance of this research lies in the fact that reducing the ARL enables the disclosure of financial statements in time and facilitates the investors' decision-making process.
Keywords: Auditing; Business intelligence; Audit firm; Audit Report Lag (ARL); Expertise.
Investigating the relationship between Age and Smart Phone Usage Patterns: Evidences from Indian Smart phone Users
by Sakkthivel Annamalai Manickam, Moovendhan V, Githa Heggde
Abstract: This study intended to develop new categories of smart phone usage patterns in to three types such as professional, social and personal centric usage and tested the same among different age groups, i.e., young, middle, old, etc. with reference to finding the intentions of usage patterns among the selected age groups. The survey had been conducted among 150 Indian smart phone users belong to different age groups and the results revealed: 1) all age groups intended to use smart phones for personal usage; 2) young age group users intended to use smart phones for professional usage; 3) whereas middle age group and old age group users intended to use smart phones for social and personal usage, respectively. The implications of the outcomes were discussed.
Keywords: smart phones; usage pattern; personal; social; professional; young; middle; old; age groups; Growing smart phone market; structural equation modeling.
DISCOVERING CONSUMER PREFERENCE AND THEIR SATISFACTION LEVEL TOWARDS BRANDED & UNBRANDED PAINTS.
by SHIVAM GUPTA, Charu Bisaria, Suneel Gupta
Abstract: Consumer preference is the study which involves in depth analysis of the attitude of buyers related with buying. The paint industry of India is bifurcated as the organised and unorganised sector. The units which are large and medium-sized form the organised sector while the small scale units come under the unorganised sector. By and by, development of the paint industry of India can be seen from the increase in requirements of the paints, particularly in urban communities. Paint gives the platform that makes the human life colourful and adds beauty to live a life with peace and tranquillity. This exploration has been directed on 50 respondents of Gomti Nagar in Lucknow City. Questionnaire survey technique has been utilised to lead the exploration. The questionnaire was shaped with the close-ended questions. The principle goal of this paper is to discover the consumers preference and their satisfaction level while acquiring branded and unbranded paints and to explore the factors that help customers to select paints.
Keywords: Consumer Preference; Indian Paint Industry; Organized & Unorganized Sectors.
Modeling the common critical success factors for adoption of Lean Six Sigma in Indian industries
by K. Mathiyazhagan, Narottam Yadav, Krishan Kumar
Abstract: This paper analyses the aspects for successful implementation of Lean Six Sigma (LSS) in manufacturing, service and healthcare sectors in India. The information available in the literature is not very comprehensive for LSS implementation. It is an attempt to find effective critical success factors in Indian industries. A survey questionnaire was used for the data collection on critical success factors for effective Lean Six Sigma implementation in the organisation. A total of 186 responses received from 450 industries including three sectors. Automobile manufacturing industries have maximum numbers of application in LSS implementation. Hypothesis testing was used for validation of the common critical success factors. Mean and standard deviation was used for the priority of common critical success factors. Top management initiatives towards LSS, structured review approach of LSS to manage quality improvement activities, mentoring by Master Black Belt (MBB) in an improvement project, organisational roles and responsibilities linkage with LSS were found to be top four common CSFs in Indian industries. The output of this study can be used as a guide for successful implementation of LSS in Indian industries with increased success ratio.
Keywords: Lean Six Sigma; Critical success factors; Indian industries; Process improvement.
STRATEGY TOOLS AND ENTERPRISE PERFORMANCE: THE MEDIATING ROLE OF COMPETITIVE ADVANTAGE
by Albana Berisha Qehaja, Enver Kutllovci
Abstract: The conceptual framework of this study is based on the resource-based theory and model which is deemed as one of the widely accepted theories of strategic management, and one that has stimulated new research in order to validate and support its tenets. This paper is the first study to investigate the mediating role of competitive advantage in the relationship between strategic management tools and techniques and enterprise performance. Consequently, a conceptual framework has been proposed and tested empirically in a sample of 314 enterprises in the Republic of Kosova as a transitional economy. Results indicate that competitive advantage does play a mediating role between strategic management tools and techniques and enterprise performance. Accordingly, this study contributes to the field of strategic management because it establishes relationships among the use of strategic management tools and techniques, competitive advantage and enterprise performance, by stressing the mediating role of competitive advantage in the resource/capability and enterprise performance relation.
Keywords: Resource-based view; strategic management tools and techniques; competitive advantage; enterprise performance; mediation; transition economy.
Process enhancement in a wet grinder manufacturing company through Lean implementation framework
by V. Raja Sreedharan, Sivananda Devi K
Abstract: During the past two decades, lean production (LP) has been finding wide adoption for improving the processes. Despite its widespread adoption, LP is yet to find application in household appliances manufacturing industry. In order to overcome this deficiency partially, the research reported in this paper was carried out. This research was carried out in two phases. In the first phase, a model called conceptualisation lean implementation (CLIM) phase, inculcating, monitoring and controlling, manufacturing system transformation was designed to implement LP in wet grinder manufacturing industry. During the second phase, an investigation was conducted to examine the effect of implementing LP through CLIM model in wet grinder manufacturing industry. The outcome of this research indicated that CLIM model acts as a vehicle to successfully implement LP in wet grinder manufacturing industry. After reporting these activities, this paper is concluded with suggestions to conduct many more such investigations on implementing CLIM.
Keywords: Value Stream Mapping; Lean Production; 5S; Takt time; Current state map; Cycle time; Productivity.
Modelling the barriers to implement SSCM in Indian Plastic Manufacturing Sector
by Chitranshu Khandelwal, Mukesh Kumar Barua
Abstract: The plastic manufacturing sector is facing extreme pressure to become sustainable in the wake of growing consciousness towards the harmful effects of its supply chain operations on nature and society. However, the adoption of sustainability in the plastic supply chain is an arduous task because of the presence of several impediments. This paper provides a roadmap to Indian plastic manufacturing organisations for smooth adoption of sustainable supply chain practices by identifying 12 prominent barriers. These barriers were selected through literature review and views of specialists known to be working in the field for the past ten years. The mutual impacts between the barriers were found out using ISM-MICMAC method. The study reveals that lack of support and commitment from top management and lack of government interventions addressing sustainable practices are the most dominant barriers. The findings will assist the decision makers in making their firms sustainable by curbing the significant barriers.
Keywords: Sustainable supply chain management; SSCM; barriers; plastic manufacturing; ISM; MICMAC; India.
A systematic literature review ofLean Six Sigma in financial services: Key finding and analysis
by V. Raja Sreedharan
Abstract: The paper intends to analyse the impact of LSS in financial services through systematic literature review and identify current research gaps. It focuses more on exploring the different concepts in the area of financial services by performing a systematic literature review along with data visualisation techniques. The literature review of articles that are published in peer-reviewed scholarly journals from 1993 to 2017 was collected for performing the content analysis. Based, on the descriptive analysis performed on the collected materials, many results about the articles trend in the selected areas were found. Further, the content analysis revealed many research inferences like the role of e-banking, success factors, barriers in the context of LSS. Further, proposed work for future researchers in this field. The paper presents a systematic and unique application to detect the various opportunities for LSS in the financial domain.
Keywords: Lean Six Sigma; financial institutions; financial services.
The impact of ownership concentration on firm sustainability: Evidence from Malaysian top 200 public listed firms.
by Norazlin Ahmad, Irene Wei Kiong Ting, Mohd. Ridzuan Darun
Abstract: Larger companies cannot escape from facing financial distress, which eventually leads to insolvency and unsustainability. In this regard, this study examined the relationship between ownership concentration and firm sustainability of top 200 Malaysian public listed companies for the period between the years 2009 and 2015. The two-stage least squares regression results of this study showed that ownership concentration was significantly and negatively related to firm sustainability. This finding remained the same when different proxies of ownership concentration and firm sustainability were used. Generally, this finding indicated that excessive concentrated ownership may lead to decisions that did not satisfy all key shareholders, and may reduce the level of firm sustainability.
Keywords: Ownership concentration; Firm sustainability; Malaysian public listed firms; Agency theory.
Study on Sales Promotion for Female Customers on Select Durable Goods with Special Reference to Erode District, Tamilnadu State, India
by Karthikeyan Parthasarathy, Renuka Devi, VETRIVEL T
Abstract: In this competitive world, female customers' buying behaviour decides the success of durable goods. The aim of this study is to investigate the impacts of various promotions of sales tools used on female customers buying behaviour towards selected durable goods. 750 set of the questionnaire were used for this analysis. Random sampling technique was adopted towards selecting the respondents. The reliability was measured through the Cronbach's alpha and these results reveal that it indirectly represents the most reliable part of the questionnaire. Pearson correlation and multiple regression analysis have been used to analyse the relation between the independent and dependent variables. Multiple regression analysis reveals that, the major sales promotion tools namely advertisement, free offer and price reduction, exchange offer and extended warranty period have a significant impact on customer's buying behaviour. The results of this study would help manufacturers and marketers to choose the types of promotion tool that significantly influence on the buying behaviour of female customers.
Keywords: Female; Buying behaviour; Free offer; Price discount; Promotion; Regression.
Emerging Perspectives on Business Model Typologies
by Dinesh Panchal, Bala Krishnamoorthy
Abstract: This study evaluates the available business model typologies with reference to the characteristics of a good classification scheme. The evaluation was done in two stages. In the first stage, business model typologies were checked for the availability of dimensions for classification and generalisability of dimensions to different industry sectors. Four business model typologies were shortlisted at the end of the first stage. Subsequently, the shortlisted typologies were evaluated using analytical hierarchy process (AHP) and technique for order of preference by similarity to ideal solution (TOPSIS). The second stage evaluation indicated the highest preference for typology with dimensions
Keywords: Business model; Business model elements; Business model typology; AHP; TOPSIS.
Exploring the nexus between Job Design and Work Engagement: Mediating role of Meaning in Work
by Parul Malik, Pooja Garg, Ki-Soon Han
Abstract: The present study examines the nexus between job design and work engagement and test the mediating effect of meaning in work on the relationship between job design and work engagement. Data were collected using a survey method and comprised of 300 employees working in manufacturing firms based in India. The results revealed that when employees are offered well-designed jobs, they are more likely to experience meaning in work, which has as a spill over effect on the positive behavioural pattern of employees in terms of work engagement. The study results revealed that an effective job design can be a resounding aspect of the organisations, where employees experience meaning in work and work engagement.
Keywords: Job Design; Meaning in Work; Work Engagement.
The Mismatch between Labor Market Needs and Education: The example of Jordan
by Mohammad Alawamleh, Loiy Bani Ismail, Kamal Alawamleh, Saro Giacaman
Abstract: This paper seeks to explore the relationship between education and labour market needs in Jordan, in addition to how this relationship is affecting the unemployment rate. This study uses a regression on data collected from the Jordanian Department of Statistics and analyses the data through the SPSS Program. The result shows the relationship between university graduates' unemployment and Jordanian universities booming enrolment, yearly growth rate of GDP is also counted as a factor. This paper demonstrates how the aforementioned gap affects the unemployment rate for bachelor degree holders, in addition to the national unemployment rate. Moreover, the research recommends some solutions and methods that the government and universities should implement, in order to reduce the rate of unemployment so as to close the gap between education and labour market needs.
Keywords: Unemployment; Education; Universities; Graduates;Labor Market; Majors; Industries; Economy; Saturated major.
Investigating Employee creative performance with integration of DeLone and McLean Information system success model and Technology acceptance model: The moderating role of Creative self-efficacy
by Mohammad Ali Yamin, Mohammad Swaiess
Abstract: Internet usage has rapidly become an indispensable adjunct in organisations operations and has improved individuals' daily life. Therefore, the present study develops an integrated model with combination of DeLone and McLean IS model, creative self-efficacy and technology acceptance model in order to investigate employees' actual usage of internet in organisations and its impact on employees' creative performance. This study extends the body of knowledge in this subject and examined the moderating effect of creative self-efficacy between actual use of internet and employee creative performance. For data analysis structural equation modelling (SEM) approach was used. Results indicate that DeLone and McLean and technology acceptance model constructs jointly explained R2 72.0% variance in actual use of internet. Moreover, findings confirmed that creative self-efficacy moderate the relationship between actual use of internet and employee creative performance. The importance level of the constructs was assessed with (f2) effect size and IPMA analysis.
Keywords: DeLone & McLean IS model; Technology Acceptance Model; Creative Self-efficacy; Employee creative performance; Moderating analysis; Structural equation modeling.
A 4-Stage Framework for Disruptive Innovation
by CHAKUNNATH MADHUSUDAN
Abstract: The theory of disruptive innovation propounded by Clayton Christensen has been successful in explaining why some seemingly well managed companies fail under the onslaught of some new entrants. Keeping close to Christensen's definition of disruptive innovation, which is termed as 'Christensen disruption' here to highlight its uniqueness, a simple four-stage disruption framework is proposed for the evolution of incumbents and entrants in this special form of disruption. The proposed four-stage disruption framework offers a new and simple insight into understanding the process of Christensen disruption. Applying the framework to the evolution of the Indian domestic low cost carrier (LCC) aviation industry over a 15 year period, it is found that Christensens theory of disruptive innovation provides a coherent explanation for not only the disruption of the Indian incumbent airlines but also the subsequent evolution of the surviving LCCs.
Keywords: Disruptive Innovation; Christensen Disruption; 4-Stage Disruption Framework; Disruption Matrix; Low Cost Carriers.
Assessment of implementation of Lean Manufacturing in manufacturing unit-A case study
by Jagdeep Singh, Surjit Kumar Gandhi, Harwinder Singh
Abstract: Lean manufacturing is a performance-based strategy for maximising customer value by elimination of waste, while improving profitable growth of the organisation. The present study has been carried out at recliner assembly shop of an automobile manufacturing industry in North India with an aim to develop and implement lean manufacturing program in a systematic manner. The systematic procedure has been adopted to identify wastes, their reasons of occurrence and selection of suitable methods adopted for their removal. The recommendations of experts have been implemented by conducting a tack time study of recliner assembly process which reduced inventory by 14% by line balancing. The divisions of customers monthly requirements into week plans has improved the tool setup time by 29% and reduced working delay. Administrative controls have been implemented to conduct in house training sessions of workers that had reduced absenteeism by 15%.
Keywords: lean manufacturing; manufacturing industry; rejection rate.
Healthcare Access and Socio-Economic Conditions in Prevalence of Metabolic Syndrome: Evidence from 2015 BRFSS Study
by Praphul Joshi, Kaushik Ghosh, Vivek S. Natarajan, Purnendu Mandal
Abstract: Metabolic syndrome (MetS) is a major public health challenge in the USA and elsewhere. MetS generates high costs to national healthcare system, as well as causing deteriorating health condition in individuals. Studies indicate that MetS may be influenced by demography, race, income, education level and access to healthcare system. Using 2015 national survey data Behavioural Risk Factor Surveillance System (BRFSS) this article analyses the prevalence of MetS across ethnic and socio-economic sections of population. The analysis supports the prevailing knowledge that MetS is influenced by access to healthcare, race, income and education level of population. An interesting finding of this work is that those who reported not having any kind of health coverage had a significantly lower prevalence of MetS compared to those who reported having health coverage.
Keywords: national healthcare system; public health challenge; BRFSS; health coverage; national survey; metabolic syndrome; MetS.
Macro and socio-economic determinants of firms' financial performance: empirical evidence from Indian states
by Faozi Almaqtari, Najib H. S. Farhan, Ali Thabit, Eissa A. Al-Homaidi
Abstract: This study aims to investigate the impact of macro and socio-economic determinants on firms' financial performance using data of 1,770 firms from 19 Indian states over a period from 2008 to 2015. Firms' performance is considered as the dependent variable and is measured by profit after tax, return on asset and returns on net worth. Macroeconomic determinants include net state value added, capital invested, capital expenditures, per capita income, number of factories and working capital of the selected states. Further, socio-economic determinants contain state's population, level of education, rate of violence, number of workers, per capita power and highways length. The findings reveal that macroeconomic determinants namely; per capita income, capital invested, and number of factories and socio-economic determinants particularly; population, education rate and rate of violence in a state have the major significant impact on firms' performance. However, the other variables are related to some proxies of firms' performance.
Keywords: Financial performance; macro-economic; socio-economic; Indian States.
Investigating Employee Performance Impact with Integration of Task Technology Fit and Technology Acceptance Model: The moderating role of self-efficacy
by Hussain Awad
Abstract: This study sheds light on the relationship between technology factors and employee performance impact. The current study develops an integrated technology model underpinned task technology fit (TTF) and technology acceptance model (TAM) to investigate employee performance impact in Saudi public organisations. This study goes a step further and examined the moderating effect of self-efficacy between internet usage and employee satisfaction. Structural equation modelling (SEM) was used for statistical analysis. Findings revealed that altogether technology acceptance model and task technology fit explained R2 54.7% variance in internet usage and R2 60.9% variance in employee performance. Results also confirmed that self-efficacy moderate the relationship between internet usage and employee satisfaction. This study is unique as it contributes to information system literature and confirmed two-well known technology theories (TTF and TAM) with relation to employee performance impact.
Keywords: Task Technology Fit; Technology Acceptance Model; Satisfaction; Internet Usage; Performance Impact; Structural equation modeling.
Gender-based behavioral segmenting of the cellphone youth market
by Matti Haverila, Kai Haverila, Caitlin McLaughlin
Abstract: The purpose of this study is to investigate the existence of behavioural segments (clusters) among youth regarding the cellphone communication market in Finland. Specific cellphone behaviours are used as a cluster variate. The cellphone behaviours used are: 'necessity of modern times', 'cost efficiency', 'safety/security', 'dependency', 'negatives' and 'functionality', per Aoki and Downes's (2003) research on cellphone use. Separate behavioural clusters were devised for both males and females on the basis of the behaviours. Four unique behavioural clusters among the male respondents ('middle of the road', 'feature freaks', 'all important', and 'minimalists') and three unique behavioural clusters among the female respondents ('dependents', 'advanced users', and 'cost matters') were detected. Each cluster had a unique group of benefits sought, with no overlapping clusters between genders. After these clusters were identified they were then profiled using age, gender and the behavioural variables as profilers. This research serves to help market researchers and cellphone producers alike better understand how and why cellphones are used in the youth marketplace.
Keywords: Behavioral clusters; cell phone product-market; youth; gender differences.
Understanding organizational change implementation with integration of self-determination theory and knowledge management strategies: The mediating role of employee readiness to change
by Tayseer Zatar
Abstract: Expanding competitive business markets, restructuring, rightsizing, privatisation and government legislation are increasing the pressure for organisation change (OC) to stay alive. Therefore, dynamic organisations need to focus on fostering employee motivation and knowledge management strategies to implement successful organisational change. We advance the body of knowledge on this subject by proposing a motivational research model that combines two well-known theories: self-determination theory and knowledge management strategy. The research model was empirically tested using 350 responses collected from government employees of Saudi Arabia. Data was analysed using the structural equation modelling (SEM). Findings revealed that newly developed integrated model had significant influence on employee readiness and explained 59.5% variance in employee readiness to change. The importance performance matrix analysis (IPMA) suggested that manager and policy makers should pay attention on personalisation knowledge and employee readiness to change in order to bring successful organisational change implementation.
Keywords: Self-determination theory; Knowledge management strategy; Employee readiness to change; Organizational change implementation; Structural equation modeling.
Performance Excellence through Spirituality, Emotional Labour and Customer Orientation in Insurance Industry
by Majid Mohammad Shafiee, Reihaneh Alsadat Tabaeeian, Mastoure Mehri
Abstract: The purpose of the present study is to investigate the effect of spirituality and emotional labour of insurance agents and sellers on their customer orientation and performance excellence. In this research, spirituality and performance are uni-dimensional, while emotional labour and customer orientation have been introduced as multi-dimensional variables. The dimensions of emotional labour were deep acting and surface acting and the dimensions of customer orientation were customer sensing and customer responsiveness. The representatives of insurance companies in Iran were considered as the statistical population of this study. A questionnaire was used to collect the data. The validity of the questionnaire was examined by experts in this field and its reliability was confirmed using Cronbach's alpha method. Structural equation modelling with PLS approach was used to test the hypotheses. According to the results, spirituality and emotional labour were antecedents of customer sensing and customer responsiveness. Moreover, the performance has been influenced by customer sensing and responsiveness. This study helps policy makers and insurers seek excellence strategies through spirituality and emotional labour.
Keywords: spirituality; emotional labour; customer orientation; responsiveness; customer sensing; performance excellence.
Quality Management and Business Excellence studies from an Islamic-culture perspective: A literature review
by Souraj Salah, Abdussalam Al-habeeb
Abstract: The foundation of quality management (QM) and business excellence (BE) was mainly advocated by Western scholars criticised for their focus on tangible aspects of performance. The Japanese added non-tangible aspects by emphasising a quality culture of loyalty and social responsibility. Spiritual and religious teachings are among top influential values in various societies. There is limited research done on their relation to the concepts of QM and BE. This paper provides an insight into what has been realised so far in QM and BE studies related to Islamic-culture through a comprehensive review of literature to identify the main concentration areas and contributions. Two thirds of the relevant articles were published recently in the field of Islamic worldview and practice. Studying Islamic worldview concepts is significant to understand their implication on individual and organisational performance. In the future, it is recommended to conduct studies on the proposal of new Islamic frameworks or quality culture and their impact on contemporary quality studies, in comparison to other frameworks.
Keywords: business excellence; quality culture; quality management; Islamic worldview; Islamic perspective.
An analysis of factors affecting financial distress of airline companies: Case of India
by Chandra Prakash, Umesh Mahtani
Abstract: The airline companies in India face a number of challenges owing to dynamic conditions prevailing in the passenger market and in the input cost structure. These conditions have led to many of these companies facing financial distress and even bankruptcy. In this environment, it is extremely important that management is able to identify those factors which have a large impact on their financial performance. This study focuses on identifying those factors from financial, operational and external conditions which are a major influence on the financial condition of the airlines. Financial and operating data of seven airlines in India is compiled from 2006 to 2017. The importance of including these factors is tested by comparing the accuracy of all factors based model against a model designed with financial ratios only. The study confirms that a logistic regression model designed with performance, operating and financial factors have a higher accuracy in the assessment of financial distress for an airline in India, as compared to models consisting only financial factors.
Keywords: Financial distress; Logistic regression; Model; Airlines; India.
Sustainability in lean manufacturing: A systematic literature review
by K. Mathiyazhagan, Naveen Kumar
Abstract: The aim of this paper is to explore and evaluate earlier work done on sustainable lean manufacturing (SLM). Some business structures are deliberated and discovered in the previous literature. Sustainable lean manufacturing includes varied integration and correlation of variables in the manufacturing industries. This paper explores the combination of lean and sustainable manufacturing and their implementation effects in the manufacturing industries. Researchers and experts explained the lean and sustainable manufacturing relationship in form of socio-economic and environmental aspects. In this study, major gaps explored in a sustainable lean environment in automobile manufacturing industries. In continuation of gaps, 97 key research papers were reviewed extensively to explore the research gap of SLM. Role of employee involvement in SLM implementation need to be explored in Indian automobile industries. Learning workshop on lean culture is found as important key for SLM implementation. Descriptive analysis of sustainable lean manufacturing explored and further scope of improvement suggested.
Keywords: Sustainability; Lean manufacturing; Waste; Cost reduction; Systematic Review.