International Journal of Business Excellence (163 papers in press)
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.
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.
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.
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.
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.
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.
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.
Hedging Strategies and Performance of the U.S. Financial Holding Companies: A Dynamic Frontier Analysis
by Mohammad Nourani, Fu-Chiang Chen, Ikhlaas Gurrib, Qian Long Chen Kweh, Yun-Hao Wu
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.
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.
BENCHMARKING CURRENCY RISK MANAGEMENT PRACTICES OF SMALL AND MEDIUM ENTERPRISES
by Vasumathy S. Hariharan
Abstract: The burgeoning growth of small businesses in the Indian export industry warrants studies that depict the best practices in currency risk management. This study redresses the gap by developing such scale. The key variables of risk management system, exposure management, hedging decisions, derivative management and residual risk management have been identified from the literature. Residual risk management is a totally new dimension to foreign exchange risk management. Firms uses of these variables have been tested in the form of a structured questionnaire, and a test-retest method has been used to assess reliability. A model using the main variables was constructed and tested for acceptance among the three subsectors of manufacturing, services, and trading. The study found that these variables represent the best-use practices of successful Indian exporters. The scale that was developed aids both nascent and matured firms equally with respect to understanding peer practices.
Keywords: BENCHMARKING; CURRENCY RISK; RISK MANAGEMENT; SMES; DERIVATIVES; RESIDUAL RISK; HEDGING; RISK MANAGEMENT SYSTEMS;.
Analysing the Barriers to Successful Implementation of Total Quality Management in Indian Manufacturing Organizations Using Best-Worst Method
by Rajesh Attri, Noor Zaman Khan, Arshad Noor Siddiquee, Zahid A. Khan
Abstract: In the current era of intensive competition, the application of total quality management (TQM) has gained tremendous attention of the manufacturing organisations across the globe. Manufacturing organisations are deploying their resources for the prosperous implementation of TQM. TQM implementation has become a matter of great concern for the manufacturing organisations as a consequence of various barriers impeding its implementation process. In view of this, there is utmost need for the manufacturing organisations to know the significance and importance of these barriers. In this paper, an endeavour has been carried out to prioritise the different barriers of TQM using a relatively new, simple and effective multi-criteria decision-making (MCDM) method, i.e., best-worst method (BWM). Results of the present research work can be utilised by the manufacturing organisations for developing the proper strategies for tackling the TQM barriers in order to successfully implement TQM to derive its prolific benefits.
Keywords: TQM; Barriers; Prioritization; Best-Worst Method (BWM); Manufacturing Organizations.
ORGANISATIONAL JUSTICE AND JOB ENGAGEMENT PREDICATING WORK PERFORMANCE
by Rateb Sweis, Taghrid Suifan, Niveen Alsayed, Basheer Kilani, Majed Juaid
Abstract: This paper aims to determine the predicating roles that organisational justice and job engagement in the workplace play in improving work performance. The study utilised a mixed methodology that encompassed factor analysis, and analysis of variance using simple and multiple regressions aiming to test the research hypotheses and to explore the nature of relationship among the research variables. This study's findings reveal that both job engagement and organisational justice have a significant positive effect on work performance. They also show that both organisational justice and job engagement establish employees' work performance and that job engagement significantly mediates the effect of justice on the employee's performance level. The chosen sample of 328 employees was markedly small to be considered an accurate representation of the entire airline industry in Jordan. In addition, because the items in the survey questionnaire were fixed, some important pieces of information might not have been captured for analysis.
Keywords: organisational justice; work performance; job engagement; job satisfaction; competitive advantage; organisational citizenship behaviour; organisational support; Jordan airlines industry.
High Involvement HR Practices as a precursor to Innovation Performance: A Study of the Indian IT Firms
by NOOPUR SINGH
Abstract: The present paper is an attempt to understand as to how high involvement HR practices help strengthen innovation performance in IT employees. The study has also tried to interrogate work engagement as a connecting medium between the two and the role of resource commitment in influencing the interactions between work engagement and innovation performance. The methodology used for data collection was through survey questionnaires from the superior as well as subordinates of the managerial cadre of the IT firms in the Pune region, India. For a good model fit confirmatory factor analysis was done on the available dataset eliminating the outliers and SPSS macro, PROCESS was used for further analysis. Results showed that HIHRP has an influence on innovation performance and work engagement mediates the relationship between HIHRP and innovation performance, additionally resource commitment positively mitigates the interaction between work engagement and innovation performance. The present study is the first of its kind which has empirically examined the mediation/moderation interactions between HIHRP, work engagement, resource commitment and innovation performance.
Keywords: High Involvement HR Practices (HIHRP); Work Engagement (WE); Resource Commitment (RC); Innovation Performance (IP); Strategic Human Resource Management (SHRM); HR Practices (Human Resource Practices),.
Marketing measurement: the traditional and the modern - way forward
by Piyush Pranjal, Soumya Sarkar
Abstract: Since the advent of the C-OAR-SE procedure for the development of measures in marketing, there has been a renewed interest in improving marketing measurement. For long, marketing academics have adhered to the traditional scale development approach. However, C-OAR-SE has brought freshness in the marketing measurement literature. It has highlighted loopholes in the time-tested traditional approach but, not without facing its fair share of criticism. This article briefly describes the traditional approach and the C-OAR-SE procedure followed by a brief review of selected papers focusing on debates elicited by the C-OAR-SE procedure. As the outcome of the review, a discussion is provided highlighting the key insights concerning generalisability; content and construct validity; use of single-item measures and predictive validity; and developing optimal standard measures in marketing. The discussion leads to the suggestion of a prospective course of action for developing measures in marketing with the objective of improving marketing measurement.
Keywords: marketing measurement; C-OAR-SE; marketing science.
Linking the emotional maturity factors and personal effectiveness: A study of cement and power manufacturing organizations in India
by Nagendra Singh Nehra, Santosh Rangnekar
Abstract: This paper discusses a cross-sectional survey, carried out by the authors, of 410 employees employed in cement and power manufacturing organisations in North India, to determine if emotional maturity factors have positive relationship with personal effectiveness in Indian context. This study uses broaden-and-build theory as theoretical framework to investigate the proposed relationship. The sample data was collected through convenience sampling method and a cross-sectional survey-based research design was employed. A paper-pencil survey was administered for this purpose by distributing a total of 476 questionnaires during office hours. However, only 410 responses were considered for final analysis using confirmatory factor analysis and multiple hierarchical regression analysis. Results reveal that emotional maturity factors (i.e., emotional stability, social adjustment and personality integration) are positively associated with personal effectiveness. This study fully supports the applicability of broaden-and-build theory in explaining the proposed relationships in Indian context. This study offers advanced insights on the proposed relationship that has not been examined till now, and serves as a potential policy guideline for personal effectiveness in understudied non-US cultures like India. The findings of this study enrich the literature on personal effectiveness from broaden-and-build theory perspective.
Keywords: Emotional maturity; emotional stability; social adjustment; personality integration; emotional progression; independence; personal effectiveness.
Attitude as a mediator between antecedents of mobile banking adoption and user intention
by Deepak Chawla, Himanshu Joshi
Abstract: India is the fastest growing mobile phone market in the world after China and has witnessed a phenomenal growth in mobile banking transactions. The objectives of this research are: 1) to identify the important factors which influence user attitude and intention; 2) to test the mediating role of attitude. A systematic review of literature, FDG and interviews has been used to propose a research model and develop relevant hypotheses. Using a sample of 367 respondents, SEM was used to analyse the relationship between antecedents of mobile banking with attitude and intention. The findings clearly show that lifestyle is the most important factor influencing attitude followed by efficiency, convenience, trust and perceived ease of use (PEOU). Mediation analysis supported a full mediation effect of attitude on the relationship between convenience and lifestyle on intention, while partial mediation effect of attitude was found in the relationship between trust and efficiency on intention.
Keywords: Ease of use; convenience; efficiency; trust; attitude; intention; mediation; mobile banking; India.
INTERRELATIONSHIPS AMONG RETAIL CUSTOMER-BASED BRAND-EQUITY DIMENSIONS: A STUDY FROM INDONESIA
by Hotniar Siringoringo, Neltje F. Katuuk
Abstract: The objective of this study was to examine interrelationships among the dimensions of brand equity, using three validated models. A questionnaire was developed, tested for validity and reliability, and then distributed for data collection. Questionnaire was distributed to retailing consumers in Jakarta and neighbours area. In all, 411 valid questionnaires were collected out of 500 distributed, and obtained a response rate of 82.2%. The results show that perceived quality (PQ), brand awareness (BA) and brand trust (BT) affect switching behaviour (SB) significantly and directly. SB, in turn, influences brand loyalty (BL) significantly and directly. Thus, the effects of PQ, BA, and BT on BL are mediated by SB. Further, evidence was also found for the direct and significant effects of PQ, BA, and BT on BL, as well as for a direct and significant effect of BA on PQ and BT. Finally, BL affects SB significantly and directly.
Keywords: brand equity; brand loyalty; brand trust; brand awareness; perceived quality; switching behaviour; retailing.
Internal Marketing of Indian Retail Banks and the Impact on Employee Job Satisfaction.
by Venkata Sai Srinivasa Rao Muramalla
Abstract: This paper statistically signified the impact of internal marketing factors on employee job satisfaction in retail banks. It answered the question that is there any significant impact of IM factors on EJS? The population of this study is the employees of retail banks in southern India. A sample of 183 employees surveyed for the purpose and the results indicate that the IM factors such as internal communication and employee reward have a significant positive impact on employee job satisfaction while supervision has an insignificant positive impact whereas employee commitment, training, and feedback has an antagonistic relationship with employee job satisfaction. Employees by gender, position, work experience, and bank sector has no significant difference in their opinions, but they have a significant difference in their opinions on individual IM factors. However, employees are highly favourable on IM practices of the banks. This study has recommendations on IM practices for the continuous improvement of employee commitment, supervision, training, and feedback in the retail banks. The implications of this study would prompt further research to signify the impact of work culture, work environment, workplace ethics, and other IM factors on employee job satisfaction in retail banking.
Keywords: frontline service employees; internal customers; internal marketing; job satisfaction; quality services; retail banks; service recovery; services marketing.
Adapting Appreciative Inquiry for Agile Higher Education Institute
by Nikhil K. Mehta, Karuna Jain
Abstract: With increasing global and competitive pressure, Indian higher education institutions need to take initiatives to revamp themselves into organisations that have performance-oriented work and an agile culture. This study presents how one of the higher education institutes in India has initiated its journey towards agility. The appreciative inquiry was undertaken to initiate its journey of being agile. The study uses grounded theory to explore positive core life-giving strengths and skits performed to identify dreams of the faculty members. Underlining principles of projective test skits were analysed to set the norms for organisational agility. The study presents how members of the organisation have aligned themselves in the endeavours of value capture, value creation and value protection to deliver their performance on various fronts such as academic and research excellence, quality assurance of processes, capacity building, infrastructure, and global reachability and collaboration. The study holds immense social and practical implications.
Keywords: Appreciative Inquiry; Agility; Higher Education; Achievement Motivation; Performance.
Identification and prioritisation of challenges to Industry 4.0 adoption in Indian Manufacturing Industry
by Aniruddha Anil Wagire, Ajay Pal Singh Rathore, Rakesh Jain
Abstract: Industry 4.0 initiative has gathered the momentum and set a tone of discussion among the stakeholders, not only in the developed nations but also in other countries as well. Currently, this concept is motivating India to embrace innovative technologies to leapfrog into Industry 4.0. However, there are several potential challenges on the path to Industry 4.0. To address this issue, it is imperative to discern the potential barriers in its adoption. Therefore, the present study aims to identify and prioritise the barriers existing in Industry 4.0 adoption in the Indian manufacturing industry. Among the prioritised barriers,
Keywords: Industry 4.0; barriers; Industry 4.0 challenges; AHP; Analytical hierarchy process; India; manufacturing industry.
A HYBRID MCDM APPROACH FOR EVALUATING THE FINANCIAL PERFORMANCE OF PUBLIC SECTOR BANKS IN INDIA
by SANJAY GUPTA, MANOJ MATHEW, GINNI SYAL, JINESH JAIN
Abstract: Sustainability and development of banking system results in stable and efficient economic performance of the country. Accurate utilisation of financial resources aids in maintaining a smooth flow of finances across the countries. Therefore, it becomes mandatory to measure the financial performance of the banks under public sector in order to ensure transparent working and flow of money within as well as across the countries. In this study, it has been aimed to evaluate the financial performance of public sector undertaking (PSU) banks, forming part of PSU bank nifty index, those who operate in the Indian capital market between the years 2013 and 2014 and 2017 to 2018.
Keywords: Financial Performance; CRITIC-TOPSIS; MCDM; PSU Banks.
Does Mobile Marketing Affect Customer Loyalty in Jordan
by Sulieman Al-hawary
Abstract: This study aimed to identify the impact of mobile marketing on the customers' loyalty in Jordan. The dimensions of mobile marketing were interactivity, personalisation, localisation, and convenience. The study population consisted of the customers shopping via mobiles in Jordan; samples of 403 customers were taken. Their responses were investigated using a questionnaire designed for this purpose. The results were collected, entered into the computer and the hypotheses were tested, using the SPSS program. The study results showed a statistically significant effect of mobile marketing (interactivity, personalisation, and convenience) on customers' loyalty, and there is a statistically insignificant effect of localisation on customers' loyalty. Based on the results, the researchers came up with some recommendations related to the fields of mobile content design, sharing information, benefit from the experiences, and solving customers' problems.
Keywords: Mobile; Marketing; Customer; Loyalty; Jordan.
Cultivating societys environmental concern through green advertising: an empirical analysis among Jaipur citizens
by Jugal Kishor
Abstract: The current study examines the society's response toward green advertising through measuring its impact on customers' intent to act for a specific brand associated with environmental concern. The contemporary research enriches the understanding of green advertising and the role of green advertising in the development of consumers' various intent toward environmental fortification. A total of 517 dataset incorporated to examine the consumers' response toward green advertising on the ground of various variable. The hypothesised model delivers the excellent fit of the dataset and results depict that consumer shared the positive intentions toward the green advertising based on the brand image, environment concern, purchase intention, claims credibility and customer relation. This research assignment verifies the role of green advertising as its effect on the consumer in educating the green concerns of the environment.
Keywords: Green Advertising; Purchase Intention; Environmental Concern; Brand Image.
How Can Green Marketing Lead to Customer Trust and Green Intention? Evidences from Automobile Industry
by Majid Mohammad Shafiee, Arash Shahin
Abstract: Today, the environment and its protection have become critically important for business excellence. Since automobile companies can have a significant impact on the improvement of energy consumption and environmental protection, the aim of this study is to evaluate green marketing in the automobile industry and its impact on customer trust. For this purpose, a questionnaire has been developed and used for data collection. The variables of green marketing included price, product, promotion, and place and the variables of customer trust included competency, benevolence, and honesty. Findings indicated a positive and significant influence of green marketing on customer trust and green purchase intention. Among the elements of marketing mix, price had the strongest influence on customer trust and green purchase intention; and among the customer trust variables, honesty had the strongest influence on customer green purchase intention.
Keywords: Costumer trust; Green marketing; Green Purchase intention; Green consumer; Environmental effect; Automobile industry.
Destination Brand Personality and Brand Experience in the Tourism Management of a Mid-Sized City
by Paula Rodrigues, Ana Pinto Borges, Elvira Vieira
Abstract: Increasing the attractiveness of mid-sized cities is a cross-cutting challenge within the context of the European Union, and specifically for Portugal. In this sense, we evaluate the mediating effect of brand experience between the brand personality and brand attitude applied to the city of Guimar
Keywords: Brand Experience; Destination Brand Personality; Brand Attitude; City Branding; Consumer Behavior; Tourism Management.
Repatriation of academics: Re-socialization and adjustment
by Robinson James, Theophilus Azungah
Abstract: Despite a large and growing body of literature that has investigated the return of corporate repatriates, the repatriation of academics has not been sufficiently discussed in the literature. The literature on repatriation of corporate employees has identified several antecedent conditions that facilitate or hamper the process of repatriation adjustment and its implications for corporate organisations and repatriates. But, it is not clear whether the antecedents and consequences of repatriation adjustment are the same for both corporate and academic repatriates. This study applies the extant literature on repatriation and three socialisation theories: organisational socialisation theory (OST), socialisation resources theory (SRT), and uncertainty reduction theory (URT) to identify and examine the role of organisation, individual and group in the process of adjustment and the influence of adjustment on repatriates' work engagement and retention. We particularly identified and discussed the repatriation adjustment of academic repatriates, consequences of unsuccessful adjustment and how universities and repatriates can effectively manage the repatriation transition.
Keywords: repatriates repatriation adjustment socialization theory academics.
Achieving business excellence through workplace conflict resolution: using Emotional Intelligence (EI) as an effective tool
by Mohit Kumar, Kuldeep Singh, Vijaishri Tewari, Madhvendra Misra
Abstract: The purpose of the present study is to gain a conceptual understanding of the role of emotions and emotional intelligence in conflict formation and resolution at the workplace. Organisational environment is such a place where individuals are jointly performing tasks and achieve organisational and personal goals. Many times it has found in situations where individuals arise from conflicts, even working with shared objectives. Individuals own attitude, values, beliefs, and behaviour guided by emotions may become the reasons for conflicts to take place. Workers with a high or low level of emotional intelligence (EI) deal with conflicts accordingly. The present study, with theoretical understanding and findings, would explore the extent of the relationship between EI and conflicts in an organisational setup and achieving overall business excellence.
Keywords: Business excellence; Emotions; Emotional Intelligence (EI); Conflict resolution.
Determinants Affecting Customer Perceived E-Service Quality (PeSQ) Towards E-Retailing Shopping Site in Malaysia
by Mohammed Hariri Bakri, Nor Azah Abdul Aziz, Nurul Fadly Habidin, N.O.R. RATNA MASROM, L.I.M. P.E.I. SIAN
Abstract: In the new era of digital nowadays, e-commerce platform has been growth rapidly. Thus, this research aimed to study the determinants that affecting customer perceived e-service quality (PeSQ) towards e-retailing shopping site in Malaysia and examine the most significant determinants of e-service quality towards customer PeSQ from e-retailing shopping site in Malaysia . In order to study this, the researcher has selected 384 respondents as sample framework with google form questionnaire distributed online. From finding analysis, the researcher used SPSS software with explanatory factor analysis test of the data and it depicts that there is exactly five factors have been extracted in the research and use multiple regression test to find the most significant factor and results shows that privacy as the most significant predictor but reliability are not significant in the research
Keywords: E-Retailing; E Service Quality; Customer Perception; Shopping Site; Malaysia.
Development of a multi-item scale for measuring Blue Ocean leadership
by Wael Mohamad Subhi Idris, Taher Mohsin Mansoor Al-Galibi, Mohammed Hussein Manhal Al-Eesa, Zaina Mustafa Mahmoud Hamad
Abstract: This study aims to develop and validate a scale to measure Blue Ocean leadership within five-star hotels in Jordan. A quantitative approach through a questionnaire-based survey of all the employees working within five-star hotels in Amman is used. A sample of 207 employees within the three administrative levels in hotels under study is selected. A structural equation modelling is conducted through both exploratory and confirmatory factor analyses to assess construct validity and reliability. Findings confirm validity and reliability of the developed scale consisting of four Blue Ocean leadership dimensions. This paper develops a multi-item measurement instrument for current multi-dimensional construct, and offers professionals and practitioners at all management levels a valid and reliable tool for evaluating and implementing this construct within their organisations, which will affect positively all stakeholders and allow organisations to achieve higher performance and manage organisational change with less effort and time.
Keywords: Blue Ocean leadership; multi-item measurement scale; scale development; structural equation modelling; exploratory factor analysis;confirmatory analysis; hospitality industry; five-star hotels; Jordan.
LINKING UNLEARNING WITH LEARNING FOR PERFORMANCE IN AN ERA OF DISRUPTION
by Meeta Dasgupta
Abstract: In a knowledge-based economy, it is an accepted fact that learning and innovation are important ingredients for global competitiveness. It is also true that old assumptions, beliefs, and routines need to be unlearnt and replaced. Given the exponential rate of disruption, should unlearning be valued more than learning? Insights from interviews with senior executives, from companies operating in India, have been integrated with literature. The proposed framework explores the interplay between learning and intentional and spontaneous unlearning. The study reveals that even during times of disruption learning continues to be the focus of most organisations. But the magnitude of disruption and time span within which individuals and organisations want to witness change influences the choice between intentional and spontaneous unlearning.
Keywords: learning; unlearning ; spontaneous unlearning; intentional unlearning; disruption;organisational performance.
Do Alliance Capabilities Matter in Tourism Dynamic Capabilities Development? An Examination through Agility and Resilience Lens
by Santanu Mandal, Shri Vishnu, Maria Roshini
Abstract: While existing studies on tourism have undersigned various resources and capabilities instrumental in developing tourism supply chain (SC) agility (TAGL) and resilience (TREL), the importance of alliance capabilities are yet to be addressed. Sensing this gap, our study classified alliance capabilities as alliance management, learning and integrating capabilities and explored their role in TAGL and TREL development. Perceptual responses were collected from 122 hotel and tour managers and are analysed using structural equation modelling. Results suggest alliance management and learning as prominent enablers for TAGL. Also, they suggested alliance learning and integration as key enablers for TREL. Furthermore, the results suggested alliance learning capability as a key enabler for alliance management and integration capabilities. Implications for theory and managers were also provided. The study is the foremost to address the importance of alliance capabilities in the development of tourism SC agility and resilience.
Keywords: alliance; capability; tourism; services; supply chain; technology.
Manufacturing enterprise performance using Network DEA: A profitability and marketability framework
by Syarifa Hanoum
Abstract: Despite providing a holistic view of a company's progress, existing performance measurement system (PMS) models report performance separately for every single measure and leaves the overall performance of the corporate untouched. The concept of vertical and horizontal alignment has been described theoretically in PMS literature. However, the existing PMSs do not provide a mechanism for how to link each organisational level in a PMS. This study aims to promote the use of network data envelopment analysis (NDEA) for measuring manufacturing enterprises' performance. NDEA can deliver a single composite index, derived from multidimensional measures, which can represent the overall manufacturing performance. An alignment concept as a prerequisite of an integrated PMS is explained using the NDEA technical properties. The proposed NDEA-based PMS is tested in a pharmaceutical company to illustrate how it works in evaluating profitability and marketability. We modify an existing profitability and marketability framework into a three-stage model: production acquisition, profit earning, and marketability, to capture the complexity in manufacturing operations. The proposed NDEA-based PMS is useful for conducting a performance review to seek the sources of inefficiency and determine improvement target.
Keywords: Performance measurement; Network data envelopment analysis; NDEA; Manufacturing; Profitability; Marketability.
Repurchase behaviour and positive word of mouth. Role of hedonic shopping motives.
by Sunil Atulkar, Ashish Kumar Singh
Abstract: In view of changing consumer behaviour towards organised retail, present study focused on departmental stores of Delhi and neighbouring cities, as the shoppers in these cities are highly motivated by hedonic shopping dimensions. Study tries to identify the influence of five different variables of hedonic motives on repurchase behaviour and positive word of mouth. Focusing on 536 customer responses collected with the help of structured questionnaire, the proposed research framework were analysed and validated through confirmatory factor analysis and structural equation modeling (SEM) analysis. Result supports the previous research findings and displayed significant positive relationship of adventure, gratification and role shopping with repurchase behaviour and positive word of mouth, while the social and idea shopping shows diverse results. Therefore, the research paper would help organised retailers to focus on these hedonic motives effectively and efficiently for gaining added advantage in this competitive current retail scenario.
Keywords: Departmental store; Hedonic shopping motives; Repurchase behaviour; Positive word of mouth.
Dynamic Capabilities in public sector: Theoretical insights and research agenda
by Ruben Loureiro, João José Matos Ferreira, Jorge Simões
Abstract: The theme of Dynamic Capabilities (DC), although it has recently demonstrated a growing interest on the part of the academy, in the scope of the public sector its applicability is still incipient. Thus, this study aims to identify, through a systematic review of the literature, the CDS in the context of public sector organizations and contribute to a broader and more systematic knowledge in this field. A survey was conducted in the Web of Science (WoS) and SCOPUS, and 82 documents were obtained dated between 1997 and 2018. The results point to three large dimensions around the CD in the public sector, which are: i) Innovation and Entrepreneurship; ii) Intellectual capital and knowledge and learning management; and iii) Supply Chain and Information Technology.
Keywords: Dynamic Capabilities; public sector; Innovation; Entrepreneurship; Intellectual capital; Supply Chain; Information Technology; knowledge; learning management.
A Meta-Analysis of Research on Entrepreneur Inclination in Small and Medium Enterprises In Global Scenario
by Divya Pathak, J.P. Sharma, Susmita Patnaik
Abstract: The purpose of this study is to provide a meta analysis of the research on entrepreneurship in small business with special focus to Entrepreneurial inclination from 2000 to 2018. Using the Scopus database, this study analyses a total of 1,393 papers published from the year 2000 to 2018. The information about these papers is provided on the basis of significant journals, publication years, maximum cited papers, important authors, and most prolific countries and institutions. Then, the co-authorship network map, inter-country co-authorship network map and keyword co-occurrences network maps are provided by using the VOSviewer software. The results of this study indicate that in the year 2017, the maximum papers have been published, the most significant journal is International Journal of Entrepreneurship and Small Business and the most cited paper is about competing models of entrepreneurial intentions. Furthermore, the most prominent author is Francisco Linan, and the most prolific country and institution are USA and the University of Seville, respectively.
Keywords: Entrepreneurial Intentions; Bibliometric Analysis; VOSviewer; Review.
Identification and Prioritization of Key Managerial Competencies in the General Directorate of Cooperatives, Labor and Social Welfare: An Integrated SEM and ANP Approach
by Nour Mohammad Yaghoubi, Sajjad Balali Shahvari, Milad Vafadar
Abstract: The main purpose of this study was to identify and prioritise key managerial competencies in the General Directorate of Cooperatives, Labor and Social Welfare. In order to validate the model, the first questionnaire was designed and distributed among the statistical population. Structural equations and confirmatory factor analysis with Smart PLS software were used to analyse the data. According to findings, competencies identified in this model were categorised in three dimensions: personal (attitude and behaviour), social (social awareness and social skills) and professional (management, planning and knowledge); personal, social and professional competencies explained 87%, 84% and 91% of variance in key managerial competencies model. The second questionnaire was designed by analytic network process (ANP) to prioritise dimensions and components of competency and given to experts. According to the results, effective communications, decision-making, and planning ranked first to third, respectively.
Keywords: managerial competency; competency model; competency dimensions; competency development; SEM; ANP.
How does Relationship Quality (RQ) translate into better organizational performance: An empiricial check
by WASEEM JOHN
Abstract: This paper examines the impact of Relationship Quality on organizational performance by testing the Relationship Quality-Relationship Outcome conceptual model. Organizational performance is measured in terms of Relationship outcomes. A survey was used to collect data from pharmaceutical companies in India. Relationship Quality is comprised of Trust, Commitment, communication Quality, and, Relationship Satisfaction. Relationship Outcomes conceived as a dependent variable for this study was also measured using suitable non-financial & relationship-centered measures. The research instruments were refined and validated. The data were analyzed using Structural Equation Modeling. The results indicate that in the only Communication Quality and Relationship satisfaction emerge as significant predictors of Relationship outcomes in the current research context. This study provides valuable insights into the importance of Communication Quality and Relationship satisfaction in sustaining the relationships and deriving required benefits from it. It advocates the use of non-financial measures as indicators of organizational performance.
Keywords: Relationship Quality; Business-to-business; Organizational Performance; Relationship Outcomes; SEM.
The Impact of Effective Organizational Communications on Financial Performance
by Hamidreza Abootalebi Jahromi
Abstract: Since effective communications can create a sense of trust between employees and increase customers satisfaction the purpose of this research is to investigate the effects of organizational communications on financial performance. Since this study seeks to determine the type and extent of correlation between variables thus the descriptive-correlative method is used in this study. This study is an applied research in terms of its goals and is a cross-sectional research in terms of time. The statistical society of this research includes all employees in the finance department of Jahrom University of Medical Sciences and its colleges, which consists of 51 employees. A total of 45 questionnaires were collected. The questionnaire used in this study was composed of two financial organizational questionnaires (21 items) and Robbins Effective Organizational Communication Questionnaire (24 items). After analyzing the data using statistical software, all the research hypotheses were accepted.
Keywords: Effectiveness; Organizational Communication; Financial Performance; Finance Department; Employees; Customers Satisfaction; Budgeting; Planning; Listening; Excitation Control; Feedback.
Integration of Kansei Engineering and Conjoint Analysis to Product Design
by Elia Oey, Steven Yeremia Wibowo, Novita Novita, Christopher Stanley Soputro
Abstract: Continuous product development is critical for every company. For that reason, understanding what consumer wants and willing to buy is a constant endeavour for every company. The study was a case study of a synthetic rattan furniture manufacturer in Indonesia, exploring new design for its sofa product. The study used combination of Kansei engineering and conjoint analysis to propose new sofa design. Kansei engineering was done with affinity diagram workshop and principal component analysis addressing visualised consumer preferences' attribute. From the Kansei engineering a new sofa model was proposed stressing consumer preference on 'minimalist', 'bulky' and 'calm' features. Afterwards, the study was enriched with conjoint analysis addressing non-visualised aspects of consumer preferences and concluded that 'price', 'warranty' are the two most important attributes. From the conjoint models, the studied company can estimate the overall utility value based on different level of 'price', 'warranty period', 'rattan type', 'fabric type', 'foam type'.
Keywords: Kansei; Conjoint; Customer Preference; Product Development.
Deriving hierarchy of measures of green advertising using AHP analysis for a sustainable environment
by Jugal Kishor
Abstract: This research demonstrates that specified elements of green advertisement viz green brand name, green description, green visuals, and green logos communicate the benefits of a product/service to the society for sustainable development of the environment. Specifically, this research has covered the fraction of weights of a particular element of green advertisement that makes an advertisement more environmentally friendly and active over other elements using AHP analysis. This study examines whether the green brand name, green description, green visuals, and green logos which among is more effective and constructive at creating a green advertisement impressive to engage society to envisage over environment fortification. Subsequently, green description observed to be preferred measure among four measures of green advertisement which considered the best element to make an advertisement more productive and constructive to put society in a thought process to save the environment for future.
Keywords: green advertising; green brand name; green description; green visual; green logo; sustainable environment.
Application of AHP-TOPSIS for Knowledge Evaluation of Ship Operators
by Hristos Karahalios
Abstract: The purpose of this study is to provide a formal evaluation tool of individuals that operate ships. These persons monitor daily shipboard operations, and their knowledge is of particular importance in terms of rational commercial decision making and providing guidance to the masters of the ships that are in charge. Poor decisions may have a severe impact on the commercial status of a ship, safety of its crew or marine environment. The proposed methodology could be used by ship managers to measure the knowledge standards and ensure their professional continuity of their operators. The research methodology used in this paper combines Analytic Hierarchy Process (AHP) and TOPSIS to establish a knowledge measurement tool based on a system of key knowledge indicators (KKIs). Experts participated in evaluating the KKIs. Furthermore, a survey to ship management companies was carried out to demonstrate the applicability of the proposed methodology.
Keywords: Ship Operations Knowledge application Knowledge evaluation.
Prospects of Mobile Payments in Northern India: Customer Segmentation and Profiling
by Upendra Nath Shukla
Abstract: As per the report of Telecom Regulatory Authority of India (TRAI) Subscriber base for smart phone users was 1206.22 million out of which 1183.41 million were wireless subscribers, recorded an increase of 13.23 million, the end of March 2018. Indians have increased use of mobile phones for making cashless payments, leading to a great market opportunity for mobile payments. To grab this opportunity, companies need to map different attributes of mobile payments to right customer clusters. Data is collected from mobile payment users in north India. Findings revealed that there are three distinct customer clusters. First cluster consists of young innovative customers up to 35 years, looking for convenience and compatibility, second cluster belongs to persuasive customers and third one belongs to conservative customers. Due to young demographic dividend and digital India move, India would immerge as the most conducive market for mobile payments.
Keywords: Mobile payments; Segmentation; Customer-profile; Market; India; Cashless payment; M-wallets and Fintech.
The Impact of Social support on Culture Shock: The Contingent Role of Gender
by Feba Thomas, Sumathi G.N
Abstract: Purpose: The main purpose of this study is to examine the relationship between social support and culture shock and to examine the moderating effect of gender between social support and culture shock that the international students face. Design/Methodology/Approach: Data is been collected using an online survey of questionnaire, it was send to the Indian students studying abroad and a questionnaire was given to the foreign students studying in India. The sample size consists of 148(male=75, female=73) international students. Culture shock was measured using Acculturative scale for international students (ASSIS) and Social support is been measured using Perceived social support scale. Findings: The findings from this study indicate that social support received from their families and friends will reduce the culture shock that the International students face and there is a significant association when gender is been moderated between social support and culture shock.
Keywords: Social support; Gender; Culture shock; Indian Students; International Students.
Influence of Internal Audit Functions on Enterprise Risk Management: Evidence from Malaysian Transportation Industry
by Suaad Jassem
Abstract: The purpose of this study is to investigate the influences of the roles of internal audit functions on enterprise risk management. A survey has been conducted on internal auditors units in the Malaysian transportation industry to meet the objectives of this study. This study examines roles of internal auditors as defined by the Institute of Internal auditors Position Paper 2009 on the components of enterprise risk management defined by the updated enterprise risk management Framework 2017 declared by the Committee of Sponsoring Organizations of the Treadway Commission. It also examines if having a dedicated Chief Risk Officer has any significant influence on either enterprise risk management or internal auditors roles in enterprise risk management. The results suggest that internal auditors perform 70% of their core roles in enterprise risk management and 65% of legitimate roles, while they are also performing about 50% of prohibitive roles in enterprise risk management.
Keywords: enterprise risk management; ERM; Internal audit function; chief risk officer; COSO Framework; IIA Position Paper.
Determinants behaviour analysis of demand for passengers to the Portuguese air travel leisure market: Application with Partial Least Squares Regression (PLS)
by José Manuel Vicente, Andreia Dionísio, Felipa Lopes Dos Reis
Abstract: This paper aims to determining the behaviour analysis of the demand for passengers to the Portuguese air travel leisure market (between Lisbon and Oporto and the Azores and Madeira), between 2010 and 2014, using an application of Partial Least Squares regression (PLSR). The PLS regression analysis used in the essay was developed by Wold  to allow the modelling of complex data sets in terms of matrices chains (Tenenhaus et al. ). The results of our empirical analysis suggest that the demand for air transport of passengers between Portugal and the Azores and Madeira is more affected by factors of destination attractions (leisure and events, sun and beach), by aviation industry factors (airfare and presence of LCC's on routes) and geographical variable (distance).The results were promising and provide important information to improve business decision making, with regard to the operation of business level policies.
Keywords: partial least squares regression;panel data; modelling; air transport; Portugal.
Evaluating the critical enablers of upward influence tactics using DEMATEL framework in Indian Iron and steel Industries
by Shakti Chaturvedi
Abstract: This research emphasises on ascertaining 14 major enablers of upward influence tactics in the iron and steel industries across Chhattisgarh, Raipur, India. The DEMATEL approach was used to establish cause-effect relationships among these enablers of upward influence tactics. The present study concludes that the 14 enablers of influence tactics are knitted together with each other and one enabler can act as the cause of many other enablers of upward influence tactics. Cause-effect relationships were drawn, and it made possible for subordinates in the organisation to find out the primary causal enablers of influence tactics which they can put into practice for attaining career success. The novel commitments of this exploration are the application of the methodology and its coverage. The present study holds importance as it is difficult to find even one quantitative study which can assess enablers of upward influence tactics in the human resource area particularly.
Keywords: enablers; DEMATEL; critical success factors; upward influence tactics; career success; India.
Incorporating Organisational Citizenship Behaviours into Business Process Reengineering: A Theoretical Model
by Shih Yung Chou, Katelin Barron, Charles Ramser, Joseph A. Smalley
Abstract: Due to increased competition, organisations have long been recognising the impact of business process reengineering (BPR) on organisational performance. Existing research in BPR, however, has predominantly focused on the use of formal organisational processes and systems to enhance organisational performance. Such a focus may fall short of explaining the effect of employee discretionary behaviours on BPR. Thus, the primary purpose of this article is to discuss how organisational citizenship behaviours (OCBs) help facilitate BPR. Using the eight-stage BPR proposed by prior research, this article further proposes that each of the OCB dimensions serves as a unique critical success factor in facilitating each of the eight stages of BPR. From a theoretical standpoint, this article provides a theoretical framework for future research attempting to understand why certain BPR efforts are successful while others fail. Practically, this article provides managers with recommendations for improving BPR through employee OCBs.
Keywords: Business process reengineering; organisational citizenship behaviours; business process; organisational performance.
RISK PERCEPTION ON ADOPTION INTENTION OF DIGITAL ECONOMY? an integration of PERCEIVED RISK THEORY with TAM model.
by SHANMUGA PRIYA A. R, Poonghuzhali E, Krishna Raj, Suresh V. Kanna
Abstract: Since the global economy is tuning their way towards digital economy , the cashless transactions has bubbled a giant threat with the people in adopting full fledged online transactions and a biased perception exist in the transmission of cashless economy. This article explores a combined model of TAM, Perceived Risk Theory and Perceived Benefit, the theories hugely used in the research works of technology adoption. The model was analysed using PLS ?SEM and the respondents were general public with different demographic category who provided the data. The results of the study show that perceived risk, perceived benefit, perceived ease of use and perceived use influence the intention of individuals to commit digital economy. The attitude of the individuals towards digital economy is also found to be influenced by perceived risk, perceived benefit, perceived ease of use and perceived use.
Keywords: Digital Economy; Perceived Risk; TAM; Perceived Benefit; attitude to use; Intention to use.
Dynamics of lifestyle psycho-demographic parameters in food and grocery retail outlets
by A. Anuradha
Abstract: The changing dynamics in the retail scenario with the online retailers considering options to encounter the market with more of physical stores in major cities i.e., online-to-offline (o2o) has become the tactical strategy which is predicted to attract more customers. On the other hand the changing lifestyle pattern of the customers has made the customers look beyond the traditional retail stores towards the modern retail format stores which has better lighting, air conditioning, store layout, aisle placement etc., for their purchase. This study discusses about the dynamics of lifestyle parameters of activities, interests and expectations of the people in influencing their purchase intentions by drafting a questionnaire to collect the relevant data to give the outcome. Activities and interests of the customers with their expectations towards the store attributes found to influence the purchase decisions of the customers.
Keywords: Store attributes; Store atmospherics; willingness to buy; psycho-demographic parameters; customer satisfaction.
Assessing the Impact of Brand Equity and Customer Experience on Brand Loyalty in the United Arab Emirates Hotel Industry
by Mohammed Nuseir
Abstract: Contributing to the existing literature regarding the hotel industry of the United Arab Emirates, this research study aimed to assess the impact of brand equity and the quality of customer experience on brand loyalty. In particular, the study examined the relationship between brand equity and the quality of customers experiences with some of the prominent players in the hotel industry of the United Arab Emirates. The sample for the study included a total of 694 participants. Five hotel chains were included in the data collection: Atlantis, The Palm; Movenpick Hotel; Sheraton Hotel; Crowne Plaza Hotel; and Hotel Ibis. Study findings revealed a significant impact of the brand equity and customer experience on the development of brand loyalty among consumers.
Keywords: brand equity; brand loyalty; customer experience; hotel industry; increasing business competition; United Arab Emirates.
Impact of leadership on decision-making in start-up enterprises: Qualitative perspectives to organisational performance
by Ananya Rajagopal, Fernando Moya
Abstract: This study focuses on analyzing decision-making process of entrepreneurial leaders to determine organisational performance in SUEs. Decision-making process of entrepreneurial leaders in reference to internal and external organizational performance, leadership patterns, work culture, and market competitiveness 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 of 32 start-up enterprises within metropolitan area of Mexico City. Content analysis was done to summarize the open-ended questions using software NVivo version 11. The study revealed that collective decision-making is a good approach as compared to a leader-driven top-down decision-making practice. Most SUEs have individualistic decision-making process, which is largely power centered, that creates distance within inter- and intra-organisational players. This study contributes to the existing literature by analyzing the impact of leadership patterns on decision-making for achieving organizational performance in the region.
Keywords: Decision-making; Leadership; Organisational performance; Start-up enterprises.
Does Shariah Indices Converge? Evidence from Gulf Cooperation Council (GCC) Countries
by Mohammad Irfan
Abstract: The objective of study is to seek the dynamic relationship between domestic Shariah indices of Gulf Cooperation Council (GCC) This paper adopts various time series technique such as Augmented Dickey Fuller (ADF) Test, Granger, Vector Auto Regression (VAR) methods Standard & Poor Domestic Shariah indices utilized in this research are Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates covering from period 2010 to 2015 with 1710 points of observation (daily data) GCC Islamic stock markets are no co-integrated each others and this is beneficial to the investor to diverse their financial portfolio From the views point of Granger causality, some of the result are Kuwait has uni-directional granger cause to Bahrain, Qatar, Oman, Saudi Arab and UAE while Saudi Arab has bi-directional granger cause to Kuwait and Oman. The motive of GCC Shariah is ethical and viable investment for the investors.
Keywords: GCC Shariah Stock Markets; Co-integration; Vector Autoregressive Model; Granger Causality.
STRATEGIC ALLIANCE BETWEEN BUSINESS PROCESSES AND ENTERPRISE RESOURCE PLANNING TOWARDS PERFORMANCES: AN EMPIRICAL STUDY
by Supriyo Roy, Santosh Pattanayak, Biswajit Satpathy
Abstract: In era of Industry 4.0, business firms are facing more and more competitive environment than ever before. Success here is no longer a matter of analysing only the individual firm, but chain of firms. Instead of new start, firms are now exploring new ways to integrate business processes under information-based systems so as to make best return from the market. But integration in any business is critical as well as complex. Here, an attempt has been made to propose a model featuring business process integration and hypothesise constructs that significantly impact firm performance under information systems application. Primary data are collected through questionnaire and the relationship proposed is tested by developing structural equation modelling. Considering scenario of Indian business where integrated business processes are still in nascent stage; survey results highlight empirical evidence of beneficial impact of strategic alliance in between business process and enterprise resource planning towards performances.
Keywords: Business Processes; Enterprise Resource Planning; Firm Performance; Survey Research; Structural Equation Modeling.
Optimal portfolio using volatility anomaly concept and Sharpe optimization technique
by PRADIP KUMAR MITRA, Edward Mascarenhas
Abstract: Risk aversion is the basic nature of any investor so avoidance of any risky instruments in their investment portfolios becomes inevitable. Equity, the riskiest instrument is normally not preferred by the risk-averse investors. An optimal portfolio with low volatile stocks with a better return than a portfolio with more risky stocks can bring a solution to risk-averse investors. The paper attempts to derive an optimal portfolio using Sharpes optimisation process with a sample of 30 stocks listed in the BSE low volatility index developed on the theme of volatility anomaly. The paper finds 7 such stocks which can be considered for creating a low-risk portfolio out of the 28 stocks with the higher excess return to beta ratio and also derives the allocation of investment. Results suggest that even with lower risk the portfolio could outperform the riskier benchmarking index.
Keywords: Risk-averse; Risk-aversion; Optimal Portfolio; Volatility Anomaly; Sharpes Optimisation model; BSE Low Volatility Index; Risk-Return Tradeoff; Sharpe single index model; Excess return to Beta.
A Study on Modern Teaching Pedagogy With Special Reference to Outcome Based Education System
by Sachin Kumar Srivastava, Khushboo Agnihotri
Abstract: Indian education system is now changing drastically. Innovative teaching pedagogy has been introduced in some of the educational institutions/ universities. New teaching pedagogy is based on out-come based education system. This totally depends on vision, mission, and objective of the university/institution. Universities define a vision, mission, and objective for the courses/ programmes run by them. Subsequently they defines broad based goals, programmes learning outcomes, then students learning outcomes, and finally use assessment tools to judge the outcome of the learning through students assessment procedure. This paper discusses the new teaching pedagogy in the higher education of the country and also tries to compare the traditional teaching pedagogy with the innovative education system of India.
Keywords: Teaching Pedagogy; PLOs; BBGs; SLOs; Outcome based teaching.
Organisational culture and Millennials Intention to Stay: Mediating Role of Leadership Management Practices
by Md Asadul Islam, Amer Hamzah, Haslinda Hashim, CHOO W.E.I. CHONG
Abstract: This study aims to examine the mediating role of leadership practices of managers in relation to organisational culture (supportive and innovative) and intention to stay. The study utilised the quantitative methodology for which a structured questionnaire was developed to collect data from 300 millennial employees working in the RMG industry, Bangladesh. Collected data were analysed using the partial least squares structural equation modelling. Analysis of the study reveal that leadership practices of managers and organisational supportive culture have a significant impact on intention to stay of millennials whilst the organisational innovative culture does not have a significant impact on the intention to stay. Furthermore, the results show that organisational culture has a significant impact on the organisational leadership practices of managers. The study also finds the mediating role of leadership practices of managers in relation to organisational culture and intention to stay. Implications, limitations and future research directions are discussed.
Keywords: Leadership Practices of Managers; Organisational Culture; Intention to Stay; Millennials; RMG; Bangladesh.
Refusing to Forgive is Your Own Loss: Relationship between Forgiveness and Employee Happiness
by Rinki Dahiya
Abstract: The objective of the present study is to examine the association between forgiveness at work and employee happiness along with the moderating influence of gender. The cross- sectional survey was administered on a sample of 357 employees working in the Indian organisations (North India) and analysed with hierarchical regression analysis. Results showed that forgiveness at work is positively associated with employee happiness. Further, findings highlighted that female gender moderates the association between forgiveness and happiness in comparison to the male gender. These findings make a theoretical contribution to the literature of workplace forgiveness, happiness at work (HAW) and suggest useful managerial implications for boosting and nurturing employee well- being.
Keywords: Forgiveness at work; gender; positive organisational behavior; employee happiness; employee well-being.
Sustainable implementation drivers and barriers of lean-agile manufacturing in original equipment manufacturers: A literature review study
by Vidyadhar Gedam, Parthiban Srinivas, Balkrishna Narkhede, Vaibhav Narwane, Ashwini Gotmare
Abstract: The purpose of this research article is to determine the drivers and barriers faced by original equipment manufacturers (OEMs) during the sustainable implementation of lean-agile manufacturing. A set of keywords were identified, and the 50 papers from reputed journals were reviewed and classified into two sections, i.e., theoretical and empirical work. The selected criteria for the paper analysis were article name, article year, country, journal, and keywords. The main contribution and findings of this article, 165 drivers and barriers to sustainable implementation of the lean-agile system in OEMs, were identified. The drivers and barriers that appeared most regularly were management related issues, human resources management problems, inadequate technology and innovation, and financial constraints. The last section of this paper comprised, a suggestion which displays the 165 identified drivers and barriers, which classified into 14 broad categories such as management, employee, technology, organisation, infrastructure, finance, government support and policies, stakeholders, behavioural, sustainability, strategy, standard/systems and general. This can help the academicians and practitioners to make the decisions for their research and business practices by applying qualitative and quantitative methods.
Keywords: Lean-Agile; drivers; critical success factors; challenges; barriers; sustainable; OEM.
On building up a closer psychic distance as a fundamental ground of relationship between India and Korea: Focusing on Jeonlanam-Do in Korea
by Daniel Hyunchae Park, Namitha K. Cheriyan, Guydeuk Yeon
Abstract: The Uppsala model (Johanson and Wiedersheim-Paul, 1975) identifies cultural differences, market attractiveness, and core competence of nations or firms as the key factors affecting international market selection. Among these three factors, psychic distance caused by cultural differences is regarded as the most important factor. However, the psychic distance between India and Korea is not very close. The main objective of this paper is to examine the ways to boost economic relationships between India and Korea by building up a closer relationship of psychic distance. We suggest Jeonlanam-Do including Gwangju Metropolitan city (JDGC) in Korea as a stepping stone to make both countries psychic distance closer as JD has several common grounds of intangible assets with India which includes its adherence to democracy, human rights and peace; the diverse food culture; and the religious zeal to Buddhism.
Keywords: Psychic distance; India; Korea; Jeonlanam-Do; IMS; Uppsala model.
Servant Leadership for The Retention of Millennial Employees in Private Sectors: Mediating Role of Job Satisfaction
by M.D. MAHAMUDUL HASSAN, Manimekalai Jambulingam, Elangkovan A./.L. Narayan, Mohammad Nurul Alam, M.D. Shamirul Islam
Abstract: The purpose of the study was to find out the effects of Servant Leadership on Millennial employee retention in private sectors to combat the massive losses due to Generation Y turnover. All the stakeholders desire to have a lesser turnover to avoid losses, brain drain, and keep constant productivity. Millennial employees differ from their predecessors in terms of job-hopping. Although the enormous studies have been carried out in the western context, the problem of frequent millennial turnover remains unresolved. Moreover, study on impacts of servant leadership over Millennial retention are perceived to be missing in non-western context. In this quantitative study, SMART PLS was employed for analysis. The result reveals that servant leadership got a significant positive relationship in millennial employees retention. The mediating role of job satisfaction also found to be significant in this relationship. Finally, the study found to have implications for all stakeholders and future researchers.
Keywords: Leadership; Generation Y; Millennial; Employee retention; Turnover; Job Satisfaction; Management; HRM; Servant Leadership Theory.
Impact of Hotel Attributes, Service Quality and Brand Image on Customer Satisfaction Among Diners at a Fine Dine Restaurant- Evidences from India
by Mahesh Prabhu H, Hithesh Rai
Abstract: Hotel industry is contributing in a positive manner to the growth of the nation. With good opportunities in the field to earn profits, more players are emerging in the market. Satisfying the customers is the key in making them revisit the restaurant and earn profits. This research intends to identify and test the impact of factors that lead to customer satisfaction in the hotel industry. Hotel attributes, service quality and brand image are identified as important factors and their effect on customer satisfaction among restaurant diners is explored. Questionnaire survey method was used for data collection from residents of a cosmopolitan town in India. Structural Equation Modelling was used to analyse the data collected. Results indicate that the hotel attributes and service quality have a positive influence on customer satisfaction. Further analysis revealed that brand image partially mediates the relation between service quality and customer satisfaction.
Keywords: Hotel Attributes; Service Quality; Brand Image; Customer Satisfaction; Fine Dine Restaurant; India.
AN INTEGRATED DEMATEL-ANP-AHP APPROACH FOR MANAGING LOGISTICS PERFORMANCE IN MULTIPLE-ROLE COMPANIES
by Dian Prama Irfani, Dermawan Wibisono, Mursyid Hasan Basri
Abstract: The aim of this paper is to propose an integrated Performance Management System (PMS) framework for balancing the performance of the logistics system in multiple-role companies. The framework is developed by combining the Decision Making Trial and Evaluation Laboratory Model (DEMATEL), Analytic Network Process (ANP), and Analytic Hierarchy Process (AHP). The integrated framework offers decision-makers ways to identify relationships among conflicting indicators and their drivers, in turn helping them to understand holistic logistics performance, objectively analyze why logistics systems perform in a certain way and foster a common shared view. The value of this study is that it provides multiple-role companies with a direction for measuring and improving the financial and social performances. This paper fills the theoretical gap by proposing a new PMS model based on DEMATEL-AHP-ANP model to illuminate how interconnecting components of sea transportation systems affect transport logistics performance.
Keywords: Performance management system; DEMATEL; AHP; ANP; multiple roles; logistics.
Structured management practices and the improvement of business outcomes. The case of Argentina, Ecuador, Peru, and Uruguay
by John Miles Touya, Natalia Mandirola, Gina Pipoli, Carmen Padilla Lozano
Abstract: The role of management practices for the company's success has been highlighted by academics. But most evidence, especially in developing countries, has been anecdotal or based on case studies. This study explores the impact of structured management practices on company outcomes in Latin American. Senior executives across 159 Argentine, Ecuadorian, Peruvian and Uruguayan companies where interviewed. Data was collected on the implementation of structured management practices and business outcomes. Evidence suggests that, regardless of the country, companys and executives characteristics, the structured management practices related to continuous improvement and innovation are those that have the greatest impact on improving companys key outcomes, particularly revenues, profitability, and growth. This paper makes a significant contribution to the management as a technology approach by incorporating evidence obtained from Argentina, Ecuador, Peru, and Uruguay. Will benefit Latin American policymakers by suggesting which management practice should be promoted to increase the productivity of firms.
Keywords: Management Practices; business outcomes; Argentina; Ecuador; Perú; Uruguay.
The missing element in implementing key account management
by Santi Novani, Utomo Sarjono Putro, Ruby Hermanto
Abstract: With the proliferation of key account management (KAM) for the past three decades, starting late 1970s and early 1980s, academics attention on business-to-business (B2B) sales and marketing has shifted to key account management. Some scholars highlighted that research on KAM implementation is still lacking. This paper intends to investigate all research that has been made on KAM implementation. Using the organizational change elements of content, context and process, existing KAM implementation research will be further reviewed to further justify the sufficiency number of research on KAM implementation. Proposed research model with change process as mediating variable to antecedents content-context (as independent variables) and consequences content-context (as dependent variables). This is the first model that places process as mediating variables (instead of independent variable like previous research). Through systematic literature review, this paper found that none of extant KAM research has been made on how to process the implementation of KAM.
Keywords: Business-to-Business (B2B); Key Account Management (KAM); Kotter Change process; content-context; antecedents.
Differences in stock price drivers in case of global manufacturing and servicing companies
by Andras Takacs
Abstract: This study investigates how net asset value per share (size), discounted earnings per share (profit-generating potential), and brand value per share (market acceptance) affect stock prices in case of global manufacturing and non-manufacturing companies. Eight regression models are designed and tested on a database of 132 company years in order to discover potential differences in investor reactions. Test results indicate that the relevance of financial indicators (size and profitability) on the stock price as well as investor reaction times vary for manufacturing and non-manufacturing firms. However, brand value per share, as an indicator of market acceptance, is a significant predictor of the share price for both company types with a relatively short reaction time by investors. These empirical findings may be useful for managers to find out which dimensions of performance should be managed in order to improve the market capitalisation of the firm.
Keywords: financial indicators; net asset value; discounted earnings; brand value; explanatory power; manufacturing companies; non-manufacturing companies.
Perceptions of accounting quality in the new IFRS framework: an empirical study
by HIMANSHU -, Jatinder P. Singh
Abstract: A clearly perceptible paradigm shift from historical cost to fair value accounting is envisaged in the newly introduced accounting reforms across the globe The impact of this transition on accounting quality is, hitherto, largely unexplored The purpose of the paper is to evaluate various aspects of accounting quality in fair value accounting context A triangulation approach was adopted for the study Data was collected through a questionnaire survey and semi-structured interviews The results reveal that the value relevance (accounting quality measure) constitutes the driving force propelling this paradigm shift Fair value accounting can have favourable or adverse effect on accounting quality depending upon managerial intentions The results strongly emphasize the utility of the various components of the Annual Report, in particular, the Auditors Report, in influencing and evaluating accounting quality in the new environment The study will provide invaluable feedback on new accounting standards to accounting regulators and users.
Keywords: accounting standards; IFRS; fair value; Auditors Report; Ind-AS; accounting quality; reliability; relevance; India.
MEASURING JOB SATISFACTION LEVELS OF AIRPORT EMPLOYEES USING ENTROPY, CRITIC AND TOPSIS METHODS
by Sripathi Kalvakolanu, Hanumantha Rao Sama, MANOJ MATHEW, Donthu Somasekhar
Abstract: The paper utilises the combination of Entropy, CRITIC and TOPSIS methods to measure the job satisfaction levels of airport employees working in Vijayawada International Airport, India. To assess satisfaction levels of employees towards the job, a shorter variant of the Minnesota Satisfaction Questionnaire (MSQ) is employed and Multi-Criteria Decision making (MCDM methods) is applied. The study results show that there is a highly significant positive relationship between the weights obtained by entropy and CRITIC method. The application of the presented approach to evaluate job satisfaction level in airport employees is a novel one. Thus, the findings of the study would lead the literature in the domain further as well as help in giving better decision-making capabilities to the airport authorities and managers. With this methodology, the perceptual opinions expressed by the employees can be quantified and judged accordingly.
Keywords: Job Satisfaction; MCDM; Entropy; CRITIC; TOPSIS; Minnesota Satisfaction Questionnaire (MSQ); aviation industry.
Sustainable Innovation for Sustainable Business Performance-A Systematic Review of Recent Literature (2008-2018)
by Santosh Baheti, Usha Lenka
Abstract: The purpose of this paper is to show how sustainable practices and innovation are integrated into the wider context of an organization. For this study, we have adopted a systematic literature review process with a particular focus on research articles published in the last decade. The descriptive statistics of published articles is examined firstly, i.e., year of publication, research techniques adopted, nature of the article, industry, field, and country of study. Thematic analysis was also carried out on sustainable innovative practices. The analysis shows an upward trend of literature and the growing importance of sustainable innovation practices. In addition, the research paper highlights on different new areas that deserve attention; like, the social dimension of sustainable innovation: the growing importance of corporate governance mechanism and sustainable branding.
Keywords: innovation; sustainability practices; company performance; stakeholders; systematic literature review.
Scientometric Evaluation of International Journal of Business Excellence (2008-2019)
by Santosh Baheti, Usha Lenka
Abstract: International Journal of Business Excellence (IJBEX) is a journal in the field of business, management, and accounting, which was founded in 2008. This paper provides a comprehensive scientometric overview of the journal and 536 publications from 2008 to 10 September 2019. A total of 536 articles published were carefully reviewed and subjected to scientometric data analysis techniques. The study focuses on publishing trend; citation analysis, co-occurrence analysis, authorship pattern, nature of articles, statistical tools and techniques adopted in research, institutional collaboration of authors, influential authors, influential articles, and industry-wise analysis. The number of articles being published in International Journal of Business Excellence has shown an upward trend. Authors from 60 countries contributed for the growth of literature. The study has also emphasised on research articles on creativity and innovation domain in the organisational context. The study shows that 40.85% of the total articles were contributed by Indian authors and 16% of the total studies contributed by Centrally Funded Technical Institutes from India.
Keywords: Business excellence; Scientometrics; Collaborative contribution.
Performance evaluation of advanced manufacturing technologies in small and medium enterprises located in Northern India
by Arishu Kaushik, Doordarshi Singh
Abstract: The motive of this research is to spread knowledge and highlight the contributions of advanced manufacturing technologies towards performance in small and medium enterprises of Northern India. The impact of advanced manufacturing technologies implementation in manufacturing industries of Northern India has been judgmentally assessed in this paper. A survey of significant and reasonable number of small and medium scale manufacturing enterprises have been made. This research emphases upon the major impacts of advanced manufacturing technologies such as computer aided design, computer aided manufacturing, automated material handling system and enterprise resource planning towards performance parameters such as production, quality, profit, productivity, health and safety, and flexibility. This is one of the first attempts in which relation is developed between advanced manufacturing technologies and firm performance. Further data is investigated using correlation, multiple regression and canonical cross loading analysis.
Keywords: Advanced manufacturing technologies; small and medium enterprises; implementation; performance; production; quality; health and safety; productivity; profit; flexibility.
The Effect of Big Five Personality Traits on Social Network Usage among the Young Generation.
by Javad Shahreki
Abstract: Though the number of users of social networks is ever-increasing, only a few studies have been conducted to evaluate and explore users specific personality traits that influence them to use social networks. This study aims to examine the effects of the big five personality traits on social network usage among the young generation. A conceptual model was designed and subsequently examined, using data accumulated from 126 members of Generation Y and Generation Z. Data analysis was carried out, and the hypotheses were tested using the Partial Least Squares-Structural Equation Modelling (PLS-SEM) analysis. The results revealed that, individuals with elevated levels of neuroticism, extraversion and openness personality traits, were more inclined to using social network platforms.
Keywords: Social network; Personality traits; Generation; Social network usage.
Examining the Impact of Strategic Agility on Strategic Renewal
by Hasan Al-Zu`bi
Abstract: This study aim to examine the impact of strategic agility dimensions (strategic sensitivity, strategic response, and collective capacities) on the dimensions of strategic renewal (exploitative strategic renewal, and explorative strategic renewal) in five star hotels in Jordan This study is based on the applied quantitative methodology to examine the causal relationship between the variables of the study; the study sample was selected according to simple random sample and included a sample of (196) of the managers of those hotels. The most important results of the study indicate that there is a significant statistic direct impact for the strategic agility dimensions on the dimensions of strategic renewal In addition to that, the results have shown the importance of each strategic agility dimension The study recommended concentrating on being more concerned with the dimensions of strategic agility, In addition to applying the variables of this study in organisations of other business sectors.
Keywords: Strategic Agility; Strategic Renewal; five-star Hotels; Jordan.
ServQual & Modified Kano for process improvement ? a case study of in a medical device distributor
by Elia Oey, Megawati Megawati, Debby Cynthia, Scherly Hansopaheluwakan
Abstract: Understanding customer needs in service industry is combination of art and science, as customer interaction is an important element in the firms offering. The research is a case study in a medical device distributor exploring possible improvement plan for their customers. The identification of customer needs was done with ServQual framework. Quantifying the customer attribute importance was done through combination of gap analysis and modified Kano model. The used Kano model was modified in order to off-set possibility of coarse scoring in the original model. For the studied company it was recommended to prioritise top three action plan : T8- Apply Customer Feedback/Complaint form, T2 - Perform Sales Effectiveness Training and T1-Socialised Exchange Procedure
Keywords: Servqual; Kano; QFD; HoQ.
IFRS in India and Some Selected Gulf Countries A Systematic Review and Synthesis for Future Research
by Faozi A. Almaqtari, Abdulwahid Hashid, Mohd Shamim, Najib H. Farhan
Abstract: The present study aims to review the state of the art of strand literature of IFRS and compare the trend of IFRS studies in India, KSA, Oman and UAE individually with the existing stock of literature from other countries. The study found that IFRS is not well documented and researched especially in KSA and India. The findings suggest that more empirical studies on different aspects of IFRS are needed especially, after convergence with IFRS in India and IFRS adoption in KSA. The study provides an insights for academicians and practitioners by highlighting what has been done and what is left to be done in IFRS in India and GCC. The study makes a novel contribution to the strand literature of IFRS. It uses a systematic evidenced-based review for IFRS studies to bridge the missing elements and highlight what left to be done in this area.
Keywords: IFRS; Systematic review; India; KSA; Oman; UAE.
Drivers of Purchase Intention- Hedonic or Utilitarian Values? A case of Indian Electric Car Market
by Asish Oommen Mathew, Sriram K. V, Aswin Philip Issac
Abstract: This study focuses on the Hedonic and Utilitarian values in relation to customer attitude and purchase of electric cars. The research is being conducted in select states in India who have implemented favorable electric vehicle policies. Data is collected from potential customers from these states using a validated questionnaire. The data is then analyzed using structural equation modelling-partial least square method and results are presented. Both hedonic and utilitarian values were found to have a significant influence on purchase intention, out of which, hedonic values were found to have a stronger influence. The outcome of this research provides an understanding of the mindset of Indian consumers towards electric car purchase for which practitioners can implement suitable marketing strategies.
Keywords: Electric Cars; Hedonic Values; Utilitarian Values; Purchase Intention.
The determinants of air transport passenger demand of the Chinese and Taiwan aviation markets from Lisbon International Airport: an Empirical modelling analysis
by José Manuel Vicente, Felipa Lopes Dos Reis
Abstract: The aim of this article is to investigate the factors that enhance the development of new air routes, in order to expand the airport network, namely, to the Chinese and Taiwanese markets, from the Lisbon International Airport, from 2002 to 2009. An essay was designed to illustrate some potentialities of the use of concepts and methodologies related to statistical models in aeronautical management applications. We used two gravitational models comparatively, using panel data, pooled OLS estimation methods, fixed effects, and random effects; and also the application of the circuit level analysis method on air routes from Brazil to Hong Kong via Lisbon. Statistical results have shown that the most important determinants of passenger demand for the Chinese and Taiwanese markets from Lisbon International Airport are: Gross Domestic Product, Population, Business Factor and y2008 (calendar year 2008).
Keywords: Panel Data; Lisbon; Passengers Demand; Circuit Level.
Employee Satisfaction Model: Case of Private Institutions in Indian Higher Education
by Rachna Bansal Jora, Shashank Mehra
Abstract: Most studies conduct surveys to determine the employee satisfaction level in organisations, and improvement strategies are suggested based on the attributes that show a low satisfaction level. It is not always right to make improvement plans based on these identified attributes. Sometimes these attributes include the low-quality attributes also. Low-quality attributes are items that are not crucial for employees motivation and performance. Thus, this study adopts and applies importance-satisfaction model (Yang, 2003) to analyze the improvement areas based on both importance and satisfaction criteria. A questionnaire consisting of 53 items under eight dimensions, was administered on 385 faculty of higher education institutions of India. Results highlight that fair and equal treatment, transparency in the organisations policies and procedures, pension and security benefit, job security, fair and timely promotion systems, and opportunity for advancement are the high-quality attributes for faculty. Implications of these findings and scope for future research are discussed.
Keywords: Faculty satisfaction; higher education; private universities; employee satisfaction.
Reverse Consumer Preference: A Case Study of Indian and American Shift Towards Locally Produced Beverages.
by Shilpa Praveen, Thomas Chalmers McLaughlin
Abstract: Consumer purchasing behaviour in India and the United States can be radically different in many different aspects. However, we observe clear similarities in consumers movement away from multinational brands toward locally produced brands in the beverages. This paper presents two case studies where a reversal in consumer preference is prevalent with a greater focus on locally produced beverages. We suggest this movement based on and several factors including, cultural, nationalism with a focus on community sustainability. We also suggest with a stronger local connection between the beverages and communities, there is a built-in word of mouth marketing opportunity that provides product sustainability, increase in producers quality of life, and stronger community networking. This paper provides an operational definition of reverse consumer preference, the disruption of national brands and suggestions for future research on the topic.
Keywords: Consumer Preference; Reversal; Local connection; Sustainability; Community; Ethnocentrism; Culture.
The Effect of Emotional Intelligence on Team Cohesion
by CHRISTABEL ODAME, Mrinalini Pandey, Pramod Pathak
Abstract: A star performer, needs to possess both technical and emotional capabilities. Therefore, this present study focused on finding the effect of Emotional Intelligence (EI) on Team Cohesion (TC) amongst engineering students in India. It further examined whether demographic factors moderate the effect of EI on TC. Using purposive sampling method, the study used a sample of 110 first year Industrial Engineering Management (IEM) students to test the proposed hypotheses. Based on a simple linear regression analysis, the study revealed a significant relationship between EI and TC. However, when the demographic factors moderated the effect of EI on TC, the results was positive but statistically insignificant. These findings offer insights into how to deal with individual differences and how team mates could easily get along. The study concluded that EI adds and supports the theory of the effect of EI on TC amongst engineering students.
Keywords: Emotional Intelligence; EI; Team Cohesion; TC; Engineering Students; Gender; Age; Family Income.
The Merging Odyssey of Trade, Investment and Partnership: A Linkage Model of India and Korea Interactions
by Joseph Varghese Kureethara, Paul C. Hong, Joseph Chacko Chennattuserry
Abstract: With the rising presence of India as a global power and Korea as an advanced economy, the collaborative alliance between two nations is of growing research interest. India and Korea are unusually compatible for their shared vision and amazingly comparable in their unique positions in the dynamic world that involves strong coordinating linkage mechanisms and constructive influences. This paper aims to examine how India and Korea forge strategic alliance both in business relationships and national interests. We briefly review the history of interactions between India and Korea and define a unique model of linkage roles. After discussing network theory of interactions in a liberal international order, propositions explain step by step how India and Korea merge to create a better future for countless people through trade, investment, and partnerships. Growth stages of global firms for domestic advantage and global competitiveness are presented as well. Managerial implications and future research issues are discussed.
Keywords: Merger of Skill and Will; India; Korea; Odyssey; Linkage Mechanism; World of Business.
An empirical investigation of the impact of service experience on emotions, satisfaction and loyalty for theme park visitors
by Rajesh Ittamalla, Srinivas Kumar Daruri Venkata
Abstract: This study investigates the effect of service experience on visitors emotions, satisfaction, and loyalty in the context of theme parks. Based on theatre theory, the study conceptualised service experience with three dimensions physical environment, interaction with staff, and interaction with other customers. A sample of 303 completed responses was collected through online survey method. Structural equation modelling results revealed that service experience significantly influenced visitors emotions and satisfaction. Moreover, visitors emotions significantly influenced visitors satisfaction and loyalty. The study recommends that theme park managers should pay attention to designing attractive physical environment, training their staff to improve their professional skills and monitor the behaviours of the customers to create memorable experiences.
Keywords: service experience; visitor emotions; satisfaction; visitor loyalty; theme parks.
Exploring the ties between tourist engagement, emotional responses and loyalty: A case of yoga tourism
by KIRTI PAHUJA
Abstract: This article aims to investigate the effect of visitor engagement on their emotions and the effect of emotions on their loyalty intentions. The paper also examines the mediating effect of visitors/tourists emotions on the relationship between visitor engagement and loyalty intentions. The study is conducted in the context of yoga tourism. The sample of the study entails 772 tourists, visiting a popular yoga tourism destination in India. Confirmatory factor analysis and structural equation modeling have been used as the multivariate analysis techniques for analyzing the data. Findings indicate that higher levels of visitor engagement significantly influence tourists emotions which in turn affect their loyalty towards the destination. Additionally, the tourists specific emotions fully mediate the relationship between visitor engagement and loyalty intentions. By highlighting the uniqueness of engagement-emotions relationship in yoga tourism, this study offers important theoretical and managerial insights in the area of tourism management.
Keywords: Visitor engagement; Tourist emotions; Loyalty Intentions; Yoga tourism.
The Influence of Strategic Management Accounting on Value Creation in Government Linked Companies
by Aidi Ahmi, Ram Al Jaffri Saad, Nik Herda Nik Abdullah
Abstract: This study aims to examine the connection between strategic management accounting (SMA) practices and the elements of value creation. Two hundred fifteen data from state and federal Government Linked Companies (GLCs) in Malaysia were collected through a questionnaire survey. Respondents for this study were selected through purposive sampling. These data were analysed using SPSS and AMOS to test the relationship between the SMA variables such as benchmarking, integrated performance measurement, strategic costing, strategic pricing, brand valuation, quality costing and competitors performance evaluation. This study found that the practitioners are aware of the advantages of adopting SMA practices and their impact on business management and performance by creating value in their organisations. SMA techniques provide strategic planning and non-financial information that encourage competition and the adoption of best practices, which helps GLCs to perform better and achieve a sustainable competitive advantage, which directly reflects in generating value creation.
Keywords: Strategic management accounting (SMA); competitive advantage; government-linked companies (GLCs); value creation; sustainability.
Does organisational support moderate the relationships between work-family/ family-work conflict and well-being of private university academicians?
by Mohammad Mizanur Rahman, Md. Saidur Rahaman, Mohammad Jamal Uddin, Iqbal Hossain Moral, Adedeji Babatunji Samuel
Abstract: This research paper aims at to test the moderation effects of Organisational Support (OS) in the relationship between both directions of Work-Family Conflict (Work to Family Conflict and Family to Work Conflict) and well-being. In order to achieve this fundamental objective, in this paper, the convenience sampling technique has been adopted. A sample of 280 academicians who work in private universities in Bangladesh are taken as the respondents Structural Equation Modeling (SEM) technique using AMOS, multi-group analysis method has been adopted to test for the moderation effects. The findings revealed that OS does not moderate the relationships between both directions of Work-Family Conflict (W-FC) and well-being (WB). However, the findings of this research were discussed in relation to the Conservation of Resource (COR) theory.
Keywords: Academicians Family to Work Conflict Private Universities Work to Family Conflict and Well-being.
A comparison of two colonial paths to the Western model of corporate governance
by Martin Surya Mulyadi
Abstract: Indonesia and Malaysia are close countries, both geographically and culturally. Both countries have historically attracted European interest. Europeans first arrived in Indonesia and Malaysia only for trading purposes, but later colonialised both Indonesia and Malaysia. Both countries have experienced quite unique impacts during their colonialisation periods, such as different colonialist country and approach, different paths to independence, and different political ideology. Conflict between the two countries existed for a brief period following Malaysias independence, with the relationship improving and stabilising after the new administration in Indonesia in 1965. Both countries achieved constant economic growth until the 1997 Asian financial crisis. The crisis led to both countries developing a Code of Corporate Governance which was introduced for the first time in 2000 (Alnasser, 2012; Daniel, 2003). This paper provides an historical account of the journeys of two similar, but different countries to adopting the Western model of corporate governance.
Keywords: Indonesia; Malaysia; corporate governance; colonialization; Asian financial crisis.
The Role Of Controlling Shareholders in Influencing Firm Efficiency: A Case of Taiwanese Electronics Firms
by Norazlin Ahmad, Irene Wei Kiong Ting, Ikhlaas Gurrib, Rajesh B. Kumar
Abstract: This study examines how controlling shareholders affected efficiency in Taiwanese electronics firms for the period of 20052017. This study measures firm efficiency using a dynamic data envelopment analysis model, which returns scores ranging from zero (not efficient) to one (efficient). Our regression results find that controlling shareholders levels of shareholdings have significant negative effects on firm efficiency when their shareholding levels are low. However, there is a positive relationship between controlling shareholders levels of shareholding and firm efficiency when the percentage of their shareholdings is high. These nonlinear results are also confirmed when we use board seat control rights held by the controlling shareholders. This study contributes to the field of corporate governance, specifically in the application of agency theory related to principal-principal relationships. Overall, findings suggest policy makers should not consider solely controlling shareholders levels of shareholdings, but also their board seat control rights.
Keywords: Controlling shareholders; Board seat control rights; Firm efficiency; Data envelopment analysis.
Implementation of Lean Six Sigma Model for Scrap Reduction in Machining Sector
by Harsimran Singh Sodhi, Doordarshi Singh
Abstract: Purpose: Purpose of this study is to propose a Lean Six Sigma Model that will be applicable for manufacturing organizations for waste management and the same has been implemented in a foundry SME unit. Design: A Lean manufacturing model has been proposed in with the various phased of Six Sigma, i.e. Define, Measure, Analysis, Improve and Control are reinforced with the tools of Mean Manufacturing. Further the same has been implemented in a machining organization. Findings: After the implementation of advanced Lean Six Sigma model, significant improvement in the scrap rate and reduction of reworking has been observed. Originality: A unique Lean Sigma model that will be applicable in modern manufacturing organizations for the purpose of waste management.
Keywords: Lean Manufacturing; Six Sigma; Lean Six Sigma; Case Study; Waste Management.
Fuzzy c-means clustering approach for virtual cell formation
by Balkrishna Narkhede, Dhanraj Tambuskar, Rakesh Raut, Siba Sankar Mahapatra
Abstract: A virtual cell formation does not require physical changes in the existing layout but needs identification of machines and part families for better production planning and control It involves grouping of machines to form machine cells and parts to form part families to improve shop flexibility and setup efficiency of cellular manufacturing systems This paper presents a fuzzy c-mean clustering approach for machine cell formation based on the real life production factors In fuzzy c-means clustering, a membership function is used to express the strength of association with every machine cell This produces sets of non-exclusive cells that allow machines to have memberships in multiple cells rather than only in exclusive partitions so that flexibility in cell formation depending on practical constraints can be accommodated In this work, real life production attributes like processing time, alternative routings, sequence of operation, machine flexibility, machine capacity and product demand have been considered
Keywords: Virtual manufacturing cell (VMC); Group technology efficiency; Exceptional element; Fuzzy sets; Membership function.
Application of Analytic Hierarchy Process for Prioritization of drivers of Fit Manufacturing
by Arun Palaniappan, S. Vinodh, R. Mohan Raj
Abstract: Fit manufacturing is a competitive strategy that encompasses the characteristics of lean, agile and sustainable systems. Fit system enables organisations to improve competitive performance. In order to enable effective implementation of fit manufacturing, its drivers need to be analysed. This paper presents prioritisation of drivers of fit manufacturing using multi-criteria decision making (MCDM) tool. Analytical hierarchy process (AHP) is used as solution methodology. Twenty drivers are being considered in the study. Appropriate computations are done and the priority order of drivers is derived. Top three priority drivers are being derived. Practical implications are being highlighted.
Keywords: fit manufacturing; drivers; multi-criteria decision making; MCDM; analytical hierarchy process; AHP; lean; agile; sustainability; sensitivity analysis.
NETWORKING TELEMEDICINE THROUGH KIOSK: A TRI-PARTITE APPROACH
by Dhanya M, Sreelekshmi SR, Aswathy Sreenivasan
Abstract: Quality health care services are not reaching the door steps of the needy people. Today, physical consultation is the most dependent model. As diseases are also increasing with rising population, we want to develop other service delivery systems in health care. This paper deals with the possibilities of implementing virtual service delivery system in the hospital industry. Telemedicine is a virtual health delivery system that deals with the technique of using telecommunication and information technology for the remote diagnosis and treatment of patients. The focus is made to implement a telemedicine network in a 1900 bedded multi-speciality hospital, ensuring increasing patient registrations and revenue potential. This will help in improving accessibility and affordability of quality health care services to the rural community. An attempt is made to build a forecasting model, queuing model, revenue model and scheduling model from the available telemedicine patient database.
Keywords: Telemedicine; KIOSK; virtual service delivery system.
The Impact of Perfume Packaging on Consumer Buying Behavior of Jordanian Female
by Rashad Al Saed, Mohammad Abu Saleh, Hareth Hussien, Netham Sweidan
Abstract: The aim of this paper is to examine the impact of perfume packaging on consumer buying behavior of Jordanian women. The dimensions of perfume packaging adopted were: package color, printed information, packaging material, design of wrapper, background image and innovation, while dimensions of consumer buying behavior were: attention, arousing interest, desire for purchase, conviction, purchase, and post-purchase. A descriptive research design methodology was adopted, and a structured questionnaire was distributed to 360 women selected randomly. Data were collected and analyzed using SPSS version 18. All dimensions of perfume packaging, except package material, have a significant impact on consumer buying behavior. Also, results showed that there are no significant differences in the means of the consumer buying behavior of Jordanian women due to perfume packaging dimensions. This means that makers of perfume packaging are encouraged to view all the dimensions of packaging equally and develop them as a whole.
Keywords: perfume; packaging; consumer behavior; package color; printed information; packaging material; design of wrapper; background image and innovation.
Internal audit system and financial corruption in public institutions: case study of Yemeni public telecommunication corporation
by Saddam Hazaea, Zhu Jinyu
Abstract: This study aims to identify the extent to which auditors are aware of the means and procedures involved in modern control system and internal audit, evaluate the possibility of applying modern methods to the internal control and auditing systems and identifying the factors that lead to the spread of corruption and ways to address them. Primary data for the study were collected through a questionnaire prepared for this purpose and distributed to offices of internal audit management and financial department in public telecommunication corporation, 45 questionnaires were distributed, 42 valid questionnaires were retrieved in the analysis process and therefore, the percentage of recovered questionnaires adopted was about 93% of the distributed questionnaires. This study proves that the factors encourage financial corruption in Yemen include weak internal control systems, deficiencies in accounting systems, insufficient penalties, very low salary, and nepotism. Further, it is revealed that Yemen has deeply rooted and institutionalised administrative financial corruption. This study is beneficial for academicians, policy makers, government agencies and the management of Yemeni public telecommunication corporation.
Keywords: internal audit; financial corruption; public institution; Yemen.
Innovation in Networks of Companies with Different Governance Structures
by NELSON BEUTER JÚNIOR, LEANDER L. KLEIN, KADÍGIA FACCIN
Abstract: Different studies have found that companies networks facilitate innovation in their member companies. However, little is known about how innovations occur in networks with different modes of governance. In this sense, the purpose of this article is to identify which innovations arise in networks with a governance structure focused on leading companies in comparison to the governance structure based on network administrative organisation (NAO). Interviews with twelve entrepreneurs (six of each distinct governance structures) realised. As the main results, we verify the greater diversity of innovation in networks with governance mode based on the NAO model. Innovations in product and market have been more explicit in the networks with this structure of governance. We conclude that structural, managerial, coordination, and control aspects of members activities favour networks with the NAO model and direct more innovations in these networks.
Keywords: Innovation; Business Networks; Governance Structure; Network Administrative Organization; Lead Organization.
The Role of Newcomers Proactive Behaviors on Well-Being, Engagement and Turnover Intention
by Robinson James
Abstract: Well-being and engagement are the two socialisation outcomes that contribute to the success of both the organisation and newcomers. This study proposed that newcomers engagement in proactive behaviours positively influence their well-being and engagement, and engagement and well-being negatively influence their turnover intention. These relationships were tested using data collected from a group of 154 newcomers who had been recruited within the last one year in garment industry in Sri Lankan. The proposed model was assessed through structural equation modelling with SmartPLS. Results indicated that newcomers proactive behaviours had important role to play in the prediction of their well-being and engagement. Also well-being and engagement negatively influence newcomers intention to leave. The findings underline the essential role of newcomers proactive behaviour on their well-being, engagement and turnover intention. This study extends the organisational socialisation literature by investigating the influence of proactive behaviour on engagement, well-being and intention to leave among newcomers in garment industry in Sri Lankan context which is an unnoticed population in the organisational socialisation research.
Keywords: Socialization; newcomers; proactive behaviors; engagement; well-being; turnover intention.
CEO duality, board size and firm performance: Evidence in Vietnam
by Le Thi My Hanh, Irene Wei Kiong Ting, Qian Long Kweh, Ha Lam Tan Ngo
Abstract: From the perspective of the agency and stewardship theories for explaining the relationship between corporate governance and firm performance, this study examines the impacts of CEO duality and board size on the firm performance. We assess the association between CEO duality, board size and firm performance of top 200 companies listed on the Vietnam Stock Exchange (VSE) over 20142015. Our findings show that: 1) CEO duality limits the monitoring function of the board, and a large board size promotes dominance and power of leaders that create more conflicts; 2) the number of executive directors in the top management positively influences firm performance. Findings of our study certainly help policymakers and other stakeholders understand the relationship between CEO duality, board size and firm performance. Overall, this study highlights the CEO duality and the relationship of board size and firm performance in a nation with less protection of minority shareholders.
Keywords: firm performance; CEO duality; board size; Vietnam.
Workplace Ostracism Scale: Examining the Psychometric Properties on Indian Sample
by Kannu Priya Kamboj, Pooja Garg
Abstract: The present study examined the factorial structure, validity and reliability of the workplace ostracism scale (Ferris et al., 2008) across the Indian employees. It also elaborates on the differences in perception of ostracism at work concerning gender. A sample of 350 IT sector employees within India, recruited through convenience sampling technique, participated in an online survey. Exploratory factor analysis resulted in retaining the single factor structure of the workplace ostracism scale. However, the number of items retained in this study reduced to eight from the original 10-item scale. To establish the predictive validity of workplace ostracism, its relationship with perceived transformational leadership style among supervisors resulted in a negative association, in line with the literature around these constructs. Additionally, the results of independent samples t-test found that significant differences in the feeling of being ostracised exist across gender. The present study provides relevant implications and future research prospects.
Keywords: workplace ostracism; India; convergent validity; predictive validity; transformational leadership styles; gender; factor analysis.
An Insight into Internet Banking Services by University Students in Bangladesh
by Mohammad Mizanur Rahman, Adedeji Babatunji Samuel, Md. Saidur Rahaman
Abstract: The internet banking services already has global acceptance, as a means to making banking services relevant to the needs of the customers. Most of the past studies have focused on overseas IB transactions but with no emphasis on university students (www.ukessays.com), whereas university students are the major users of internet facilities particularly in relation to the learning processes to update their knowledge base. Therefore, the aim of this study is to determine the perception of the university students in Bangladesh concerning internet-banking services. A special type of purposive sampling technique, the maximum variation sampling (MVS) (qualitative approach) was used for the selection and interviewing of nine students from various disciplines from three universities at Sylhet city in Bangladesh. The results show that internet-banking services are currently not satisfactory due to many causes, such as, undue waiting time, insufficient information, lack of safety, and so on. The respondents are from three universities in a particular region, thus, more universities and other nationalities can be included in future studies.
Keywords: banks; internet banking; satisfaction; qualitative approach; university students; Bangladesh.
IBB MODEL FOR BARCODE PRINTERS MARKET IN INDIA: PURCHASE MANAGERS PERSPECTIVE
by Vinoth Muthulingam, SANTHANA LAKSHMI
Abstract: Over the past few decades, the growth of printing market, especially barcode printing has been growing at a rapid rate due to the ever-growing demand. The booming retail sector and the rise in the demand for the point of sales are two factors which drive the barcode printer market. The buying behaviour theory in the barcode printing industry is investigated in detail by conducting questionnaire and performing analysis. The questionnaire is prepared by categorically classifying the factors into four parts. The first part covers the profiles of respondents whereas the second part related to industrial buying behaviour. The third part covers the brand loyalty and determinants. The final part includes the level of switching intentions. The pilot study was carried out among 40 purchase managers at Chennai. The questionnaire was sent through parts to all the sampled units. Hence, the responded samples included for the final study came to 396.
Keywords: industrial buying behaviour; switching intentions behaviour; barcode printers; buying process; selection of suppliers; level of brand loyalty; antecedents of switching intentions; purchase decisions; Chennai region; India.
Expectations of the students from Institutions offering higher education: Literature Review
by Ankur Kukreti, Arun Kant Painoli
Abstract: The purpose of this paper is to examine the expectation of the students from the institutions providing higher education. Students are the key stakeholder in the education system and their expectation and experience matter a lot when the question of providing satisfaction and retention of the students in higher education is concerned. For measuring the satisfaction it is essential to know the expectation of the students and the actual delivery of the service by the institutions. To know this gap the researcher undertook extensive literature review of the previous literature by the various researchers. The gap will help us to understand the expectation of the students from the higher institutions and will also help us to know the areas of improvements where we have to work in order to remove the gap.
Keywords: higher education; students expectations; students satisfaction.
Do Narratives in Corporate Annual Report influenced by firm attributes?
by Lokanath Mishra, P.K. Haldar
Abstract: The yearly corporate report of a narrative disclosure probably helps the users those who lack the resources, expertise and tools that are required in interpreting and garnering the corporate information. Corporate reporting no more inadequate to only income statement and balance sheet thereby embrace extensive number of narrative disclosures catering various stakeholders. However, corporate reports are marked of growth in size in recent times. They are becoming richer and longer in content. Making the corporate reports incomparable for the general users and it is very difficult to handle even for the technical specialists. In light of this the present study investigated the power of fixed attributes on the level of corporate narrative disclosures, if any, through multiple regression analysis and found that size, level of foreign shareholding, and revenue from abroad are major attributes having an important influence on the divergence in the disclosure of narratives in corporate annual report. The study may be helpful to corporate managers, regulators and accounting standard-setters for the improvement of narrative disclosure practice in corporate annual reports.
Keywords: narrative; accounting; corporate disclosure; annual report.
The Drivers of Customer Satisfaction and Loyalty in Automotive Aftermarket Industry
by Jyoti Kumar Chandel, Syed Aulia Mohiuddin, G.P. Mishra
Abstract: Global automotive aftermarket industry is witnessing significant developments and disruptions. Hence, automotive companies are constantly looking for better insights of customers and subsequently attempting to design effective marketing strategies. This study attempts to examine drivers of customer satisfaction and loyalty in automotive aftermarket industry. Study also aims to develop model to examine the structural relationships between the constructs of service quality, product quality, price fairness, customer loyalty and customer satisfaction in automotive aftermarket industry using partial least square-structural equation modelling (PLS-SEM). Mediating role of customer satisfaction has been examined. Primary data for this study was collected from the customers of automobile service centres through multi-stage sampling in the Sultanate of Oman. Results of model testing have demonstrated high predictive power of the model. Customer satisfaction has been found to be partially mediating in the relationships of service quality and customer loyalty and price fairness and customer loyalty.
Keywords: service quality; product quality; price fairness; customer loyalty; customer satisfaction; automotive aftermarket.
What Determines Income Diversification of Banking Firms in Pakistan?
by Mian Sajid Nazir, Yasir Ashraf, Salah U-Din, Muhammad Shahbaz Yaqoob, Aamer Shahzad
Abstract: During the last few decades, an increasing tendency of banks has been observed to move from just financial intermediation activities to such new products and services that produce fee-based incomes. In this regard, literature provides conflicting evidences on the factors that predict non-interest incomes earned by banks. This study explores the determinants of non-interest income of commercial banks in Pakistan. Findings provide evidence that ownership, net interest margin, loan to assets ratio, implicit interest payment, management quality, and ATM have significant influence on non-interest income. Foreign banks are earning more non-interest income than domestic banks, whereas, domestic banks are focusing on conventional function of intermediation. However, this financial intermediation enables these banks to offer fee-based products to both borrowers and depositors that helps in generating non-interest income. Policy makers should consider the factors that drive the competition in the market.
Keywords: non-interest income; income diversification; ownership; interest margin; management quality.
Exploring the Relationships between the Organisational Flexible Work Arrangements and the Directionality of Work-Family Conflict
by Mohammad Mizanur Rahman, Mohammad Jamal Uddin, Adedeji Babatunji Samuel, Md Saidur Rahaman
Abstract: This study has explored the relationships between the dimensions of organisational flexible work arrangements (FWA) and the directionality of work family conflict. In addition, the study has also focused on the organisational strategy based on flexible policy to mitigate work family conflict. A cross-sectional design with a self-administrated questionnaire was adopted to collect data from 313 academicians of private universities in Bangladesh. However, to explore the research observations and findings of this study, both descriptive and inferential statistics were used. The researchers found that specific form of flexibility (flex-time and flex-place) and the directions of work family conflict (work to family conflict and family to work conflict) make the difference in their effects though the overall effects are small in magnitude. If top management and higher authority of private universities want to arrange FWA policy for their academicians they can use the findings of the study.
Keywords: Flexible Work Arrangements Flex-time; Flex-place Work-Family Conflict Family Work Conflict.
Investigating the Effects of Workplace Diversity on Employee Performance in Higher Education Institution
by Sachin Kumar Srivastava, Deepti Sharma
Abstract: Globalisation demands institutions to grow in heterogeneous workplace where each and every employee will perform with their fullest potentials. Nowadays, if workplace diversity is managed properly it may lead to higher organisational performance in terms of values, perspectives, creativity, innovative and if not managed properly then it may lead to greater conflicts between groups which result in to higher turnover. Workplace diversity is about acknowledging differences and adapting work practices to
create an inclusive environment and it has been expected to be an important part of occupational life in the corporate world. This study aims to investigate the effects of workplace diversity on employee performance in their institution. This also examines workplace diversity by using demographic variables. The implication of the study will help policy makers to view workplace diversity as an important facet in university administration along with the legal provisions. Moreover, the result also reveals that workplace diversity does provide many thereby increasing employee performances.
Keywords: workplace diversity; gender diversity; age diversity; ethnic diversity; employee performance.
THE MEDIATION ROLE OF ABSORPTIVE CAPACITY ON ENVIRONMENTAL DYNAMISMS EFFECT ON SUSTAINABLE COMPETITIVE ADVANTAGE (EVIDENCE FROM INDONESIAN TERTIARY EDUCATION)
by Astadi Pangarso, Endang Siti Astuti, Kusdi Raharjo, Tri Wulida Afrianty
Abstract: This study aims to examine the theoretical framework related to the effect of environmental dynamism on sustainable competitive advantage mediated by knowledge infrastructure capability and absorptive capacity. The research method used was a survey with a questionnaire focused on 530 respondents from 64 non-vocational private-tertiary education institutions (PTEI) in the area of Bandung, West Java province, Indonesia. The collected data was then processed using SPSS and Smart PLS. The results of the data processing show that the knowledge infrastructure capability does not significantly mediate the influence of environmental dynamism towards sustainable competitive advantage. However, absorptive capacity is proven to positively and significantly fully mediate the impact of environmental dynamism on sustainable competitive advantage. This research is relevant because it indirectly influences the preparation of Indonesian tertiary education institutions in realising the Golden Indonesia 2045. Research on the influence of environmental dynamism and sustainable competitive advantage still opens up the research gap to be empirically reconduct using mediation variables.
Keywords: environmental dynamism; knowledge infrastructure capability; absorptive capacity; sustainable competitive advantage.
The Impact of Strategic Planning on the Performance of the Private Corporations in Palestine from the perspective of Balanced Scorecard
by Muath Ammar
Abstract: This study aims to identify the impact of strategic planning on the performance of private corporations for a model from developing countries. Secondary data were obtained from articles, books, and records. The preliminary data were collected with the help of the questionnaire. The survey included the employees with knowledge in the field of administrative sciences, economics, and people with knowledge and experience in the area of strategic planning for 13 services corporations. The data collected from private corporations were analysed by statistical package for the social sciences (SPSS). The study reached several results, the most important of which is that strategic planning and elements of strategic planning have a positive impact on performance. Also the study showed that there is a difference in the application of strategic planning due to the size of the corporation and the operational period of the corporation.
Keywords: strategic planning; performance; vision; mission; goals; strategic analysis; strategic option; balance scorecard.
An Analysis of Affecting Factors on Employee's Turnover Intention Thinking: A Case Study
by Samaneh Raeesi Nafchi, Mohammad Reza Fathi, Seyed Mohammad Sobhani
Abstract: Many managers have found that sustainable competitive advantage in organisations depends on human resources and employees who have been involved in their work and also achieve their personal goals align with organisational goals until the organisation can succeed in the market. Therefore, the issue of staff turnover has overriding importance. This study aims to identify and rank affecting factors causing thoughts and tendencies in employee turnover intentions. In this research, using the review of the background and interview with experts, nine variables were extracted. The statistical population of this research is staffs working at Shiraz University of Medical Sciences. Among the staffs, 15 staffs were selected using available judgmental sampling method. Finally, based on the results of fuzzy DEMATELs technique, total inventory (C5) is ranked first.
Keywords: affecting factors; turnover intentions; fuzzy DEMATEL.
Impact of Corporate Governance on Firm Value in the Presence of Earning Quality and Real Earnings Management
by Mian Sajid Nazir, Ahmed Shahzad, Muhammad Ali Jibran Qamar, Ammar Abid
Abstract: The objective of this study is to investigate how strong corporate governance impact is on firm value in the presence of earning quality and real earning management for public limited firms in Pakistan. Findings of this research are consistent with all hypotheses expounded, significantly mediated, earning quality and moderate, the real earning management between the relationship of corporate governance and a firm value. Firms, who have a strong corporate governance structure, enhance the earning quality and a firm value and control real earning management. The study provides policy implications that strong corporate governance practices are value-oriented for firms, and the government should provide more resources to improve corporate governance practices. Moreover, regulators must ensure that public listed companies disclose the truthful information about financials and corporate governance reports to provide the benefits to the user of financial statements, which ultimately enhance the firm value.
Keywords: real earnings management; firm value; corporate governance regimes; endogenous switching regression model.
Do Cross Border Acquisitions Increase Shareholders Wealth? The Case of Indian Pharmaceutical Firms
by Abdul Wajid
Abstract: Indian pharmaceutical firms have been on an acquisition spree and witnessed around 216 Cross border acquisition deals worth more than $11,350 million during January 2005 to March 2019. The primary motive of this study is to analyse the impact of cross border acquisition (CBA) announcements on the short-run abnormal returns to Indian acquirers in the pharmaceutical sector. This study applied event study methodology and analysed 55 CBAs that happened in 24 foreign markets by 27 Indian pharmaceutical firms, from the year 2005 to 2018. Both parametric and non-parametric tests were applied to examine the robustness of abnormal returns. It was found that the announcements of foreign acquisitions by Indian pharmaceutical firms have created wealth gains for the shareholders. Further, there is strong evidence that Indian pharmaceutical firms experience significant positive abnormal returns surrounding the acquisition announcements of target firms in the developed markets and in contrast experienced insignificant negative abnormal returns when the acquired target firms were based in developing markets.
Keywords: Indian pharmaceutical firms; cross border acquisitions; CBAs; foreign acquisitions; mergers and acquisitions; M&As; abnormal returns; shareholder’s wealth; event study methodology; short term gains.
Expatriates and Social Support: Exploring Conceptual Role of Unconscious Bias
by Sahiba Sharma, Gyan Prakash
Abstract: The necessity of cultural awareness is at priority as categorisation starts at very young age from home, schools and even in higher education. The purpose of this study is to theoretically clarify and conceptualise the role of natives unconscious bias and social categorisation towards expatriates in withdrawing social support. Due to the paucity of studies on the conceptual understanding of the role of unconscious bias, this paper proposes a conceptual framework based on the literature review and extends the existing literature on social categorisation theory. The findings of the study introduce individual factors that may reduce unconscious bias at the workplace and to frame policies based on subjective measures of unconscious bias. Additionally, it bridges the conceptual gap of social support and unconscious bias in the context of expatriates.
Keywords: natives; expatriates; social categorisation theory; social support; unconscious bias.
PRACTICING SOFT HRM FOR GENERATION Y EMPLOYEES AGAINST THE TURNOVER CRISIS OF 21st CENTURY
by M.D. MAHAMUDUL HASSAN, Manimekalai Jambulingam, Elangkovan A./.L. Narayan, Md Uzir Hossain Uzir, Hussam Al Halbusi
Abstract: Frequent turnover cause enormous problems which remain a burning issue for the last few decades, moreover with the inception of Gen Y employees it has risen further Earlier in general problem was turnover but with the massive initiation of Gen Y employees in the private sectors, it is found that traditional retention policies are not working especially over Gen Y Literature reviews reveal that SHRM is likely to be one of the most effective measures for the retention of Gen Y employees As such it is found that this Soft HRM is the viable demands of Gen Y to ensure Job Satisfaction and retentions SEM (AMOS) was used to analyse the data, create the model and to find out the mediating effects The result reveals the essential insights regarding the knowledge of Gen Ys viable Soft HRM requirements The study contributed to all concerns which included all stakeholders.
Keywords: soft HRM; human resource management; HRM; job satisfaction; generation; retention; Gen Y; turnover; millennial.
The Impact of Cross-functional Integration of Production &Marketing on BTO Competitiveness and Performance
by Zhixiang Chen
Abstract: This paper is to explore how cross-functional integration of production-marketing can impact the firms Build-to-Order (BTO) competitiveness and performance. Meanwhile, from the perspective of organizational governance, examine the moderating effect of ownership types on these interrelationships, and provide managerial implications for practitioners. Empirical study using the structural equation modeling and regression approaches are applied. The survey data supports that PMI improves BTO competitiveness (BTOC) and marketing performance, and BTOC also positively affects marketing outcome, which in turn impacts a firms financial performance. The PMI indirectly impacts financial performance by the mediating role of marketing performance. Results show that for Chinese manufacturers, state-owned firms have the lowest PMI performance and poorest BTO competitiveness. The paper uncovers the role of cross-functional integration of production-marketing integration in BTO manufacturing strategy, providing implications for different ownership firms to improve production-marketing integration.
Keywords: Manufacturing strategy; organizational ownership; production-marketing integration; build-to-order competitiveness; performance; empirical study.
Which effective linkages between women empowerment and economic development in India?
by Amina OMRANE, Sudin Bag
Abstract: Economic Development without empowerment of women is hardly possible for a developing country like India The present study tries to explore the current scenario of women empowerment in India and sketches the interface between this phenomenon and the economic development of India It is based on the secondary data, which are collected from various reports related to Human Development Index, Election Commission of India, General Register of India, etc Using the statistical data regarding economic development and women empowerment and employing multivariate analysis of variance, the obtained results show that economic development and women empowerment correlates each other in developing countries like India Findings indicate also that the variance explained by women empowerment indicators is higher than the economic development indicators one On the basis of the empirical results of this research, it is recommended that women empowerment should be well considered by the competent authorities.
Keywords: Women empowerment; economic development; multivariate analysis of variance; India.
DETERMINANTS AND THE CONSEQUENCE OF ADVERTISING SKEPTICISM: A CASE OF POPULAR BRAND OF INSTANT NOODLE
by Hotniar Siringoringo, Yuhilza Hanum, Sudaryanto Sudaryanto
Abstract: The central interest of the current study was the advertising skepticism. The main goal was to examine the factors trigger advertising skepticism as well as the impact of advertising skepticism on consumer behavior Particularly, we evaluated the effect of media credibility, company reputation (CR), and CSR, on advertising skepticism In addition, the study also aimed to evaluate the effect of advertising skepticism on advertising avoidance, attitude towards advertising, ads credibility, and attitude toward a brand Quasi-experiment was performed in collecting the data, and SEM was used to analyze the data The result indicates that media credibility and CR affected advertising skepticism significantly and negatively but not CSR Similarly, advertising skepticism affected the attitude towards advertising, ads credibility, and attitude toward a brand significantly and negatively Advertising skepticism affected advertising avoidance significantly and positively It was also found the significant and positive effect of CR on Attitude towards advertising.
Keywords: advertising skepticism; advertising avoidance; attitude towards advertising; attitude towards a brand; advertising credibility; company reputation; CSR; media credibility.
A QUALITATIVE AND QUANTITATIVE COMPARISON OF VARIOUS WASTE MANAGEMENT TECHNIQUES
by Harsimran Singh Sodhi
Abstract: The main purpose of this study is to compare various waste management techniques qualitatively and quantitatively. In this study, a qualitative analysis of various techniques has been done on the basis of literature review further AHP method has been used for the comparison of waste management techniques. Lean Six Sigma has been emerged as the best waste management technique during the comparison of various waste management techniques qualitatively and quantitatively. This study will assist the floor managers in manufacturing organisations to identify the best waste management technique and to plan accordingly for the adequate implementation.
Keywords: lean manufacturing; Six Sigma; Lean Six Sigma; waste management; scrap reduction; SME’s; total quality management; quality control; kaizen; just in time; poka-yoke.
A fourth industrial revolution approach to total quality management on innovation performance: Evidence from South Africa
by Sugandren Naidoo
Abstract: Although much research on the relationship of TQM practices and innovation performance within manufacturing has been conducted, extant literature from a research perspective is very much lacking. Currently, the Fourth Industrial Revolution (FIR) will continue to drive the strategic research, development and business focus towards strategic investment, geared in the direction of the building of innovation capacities and organisation performance, whilst utilising effective quality management practices. The aim is to examine the impact of total quality management (TQM) practices on innovation performance in a research organisation from a South African context. A multi collinearity test was used to assess the data collected. The results indicate that TQM practices; namely: leadership, customer focus, people management, and strategy display a significant and positive relationship with innovation performance. A distinct benefit is a renewed customer-centric approach which will enable the development, sustainability and enhance organisational strategy for the commercialisation of products and processes.
Keywords: total quality management; TQM; research organisation; leadership; innovation; performance; strategy; multi-collinearity; South Africa.
EVALUATION OF SUSTAINABLE ALTERNATIVES FOR RESTAURANTS USING THE FUZZY TOPSIS METHOD
by Deoclécio Junior Cardoso Da Silva, Denise Adriana Johann, Jones L. Schaefer, Andrieli De Fátima Nunes, Edio Polacinski, Ranice Hoehr Pedrazzi Pozzer
Abstract: The sustainability context has received great attention considering the aspects of the current market. In this context, the objective of this paper is to evaluate sustainable alternatives under the perspective of restaurant managers in a Federal University in Brazil. Using alternatives focused on sustainability in restaurants, it was established an evaluation under the perspective of different managers to determine the alternatives that stand out the most in the sense of boosting restaurants sustainability. Data referring to the alternatives were obtained from restaurant managers, and the best sustainable alternatives were ranked using the fuzzy TOPSIS method. The results showed that the best alternatives were the correct destination and disposal of burnt cooking oil as well as the reduction of food waste. It was also possible to verify that the restaurants are developing good sustainable practices and, with the results, this paper can offer subsidies about sustainability alternatives for restaurant managers.
Keywords: sustainability in restaurants; fuzzy TOPSIS; sustainable alternatives; sustainability.
Can Islamic banks sustain with a simultaneously strong conventional banking counterpart - A comparative study of financial performance of Islamic and Conventional Banks in Bahrain
by SATYA PAVAN KUMAR R, SHEELA PALURI
Abstract: Banking sector plays a vital role in the field of finance. Islamic banks show incredible growth across the globe in providing valuable services to the needy as compared to the counterpart of conventional banks. This paper aims to analyse the comparative financial performance of Islamic and conventional banks in Bahrain for a period of ten years from 2007 to 2016. For this purpose, financial ratio analysis tool is used to compare the profitability, liquidity, solvency and efficiency of Islamic banks and conventional banks. The percentage analysis, averages, standard deviation and t test are the statistical techniques employed in this study.
Keywords: financial performance; Islamic banks; conventional banks; profitability; liquidity; solvency; efficiency; Bahrain.
PRACTICAL GENDER NEEDS ( PGN) AND WOMEN EMPOWERMENT: AN IMPACT ASSESSMENT OF MICROFINANCE
by Sharada Prasad Sahoo, Biswajit Prasad Chhatoi, Manoj Kumar Dash
Abstract: People at the base of the pyramid are equally interested for socio-economic change through enhanced participation in practical gender needs (PGNs) for their social empowerment. This paper attempts to estimate the impact of microfinance participation on decision making related to PGNs women. This study is exploratory in nature based on primary survey. Using multi-stage sampling, the authors purposefully sampled 660 poor women, spread over 4 district of Odisha. The research results revealed that out of practical needs microfinance have significant impact on five practical needs whereas on the rest practical needs microfinance participation have insignificant impact. The enhanced ability to take practical needs will lead to participate in strategic needs. The enhanced participation in both type of decision making is an indicator of women empowerment and change agent for socio-economic development. The result of paper insights into enriched participation of women in practical need decision making by estimating impacts on economic and social aspects. This work has potential to augment the policy formulation by posing greater thrust on social dimensions of microfinance.
Keywords: microfinance; practical gender need; PGN; probit model; women empowerment; socio-economic development.
INVESTIGATING HOSTELS REVISIT INTENTION IN TAIWAN: THE MODERATING EFFECT OF CUSTOMERS DESIRE
by S. YESHWANT RAJ, ALVARO GARCIA CARVAJAL, CHIEHWEN E.D. HSU
Abstract: The present study examines the potential relationship existing in customers desire, satisfaction, trust and revisit intention in hostel services patronage in Taiwan. It employs the expectation-confirmation Theory to examine the potential relationship among variables which are the antecedents of customers satisfaction and trust, a moderating variable, namely desire was integrated into the research framework. A survey questionnaire included a sample of 200 subjects of respondents and was collected over five hostels located in the metropolitan cities of Taiwan. Expectations and perceived values both have substantial effects on customers satisfaction; In addition, satisfaction per se has a significant effect on trust and revisit intention. A major unusual finding is that desire has a positive moderating effect on trust and revisit intention. Surprisingly, there is a negative moderating effect of desire towards satisfaction and revisit intention. Service quality and trust were not critical whereas expectation satisfaction and desire are the critical factors.
Keywords: Satisfaction; Trust; Desire; Revisit intention; Expectation.
A Critical Analysis of Citizenship Amendment Act, 2019 (CAA)
by Brij Mohan Dutta
Abstract: Abstract India is a Parliamentary Democracy and primary function of the Parliament is to legislate and that legislation is the will of the people in a democracy Constitution is supreme in India and Supreme Court is the custodian of the Constitution and is final interpreter of the law The right of a sovereign nation to determine who to allow to settle and work has never been seriously contested Citizenship Amendment Act, 2019 (CAA) is the event in Parliamentary history of India which has created so much turmoil all over the country This research paper is the need of the hour to examine the amendment in Citizenship Act, 1955 In this paper the concept of citizenship, its relevance in context of our freedom struggle, on partition and after partition is examined The history, problem, state and reasons of religious persecution of minorities of six religious communities i e Hindu, Sikh, Jain,
Keywords: Key words: Citizenship Amendment Act; Religious Persecution; Amendments; Refugees; Citizenship Act.
Mediating role of Information silence between destructive leadership and counterproductive work behavior: Evidence from Tanner sector of Pakistan
by SAMAR RAHI, Sohail Younus, Rizwan Qaiser Danish, Shrafat Ali Sair
Abstract: The purpose of this study is to examine the relationship among the destructive leadership constructs and counterproductive work behavior (CWB) in tanners sector of Pakistan. Destructive leadership has composed of further three constructs that are Machiavellianism, abusive supervision and psychopathic behavior. The study also investigated the mediating role of information silence in these relationships. Data was collected from 353 respondents by using self-administered questionnaires from tanners sector of Pakistan. Data were analyzed through Structure equation modeling and test the hypothesized relationships. Quantitative results showed the existence of destructive leadership lead to CWB in tanners sector. Information silence mediates the relationship among destructive leadership and CWB except the relationship of Machiavellianism with Information silence and CWB. Tanneries should conduct different training sessions to reduce the effect of destructive leadership behavior in workplace to reduce the counterproductive work behavior. Future studies may conduct on destructive leadership with horizontal violence and organizational politics.
Keywords: Destructive leadership; counterproductive work behavior;Information silence; Tanners Sector; Workplace ?.
Ambidexterity: realizing organizational innovation in healthcare organizations
by Youngsoo Park, Abraham Nahm
Abstract: This study suggests ambidexterity as a guiding innovative perspective for healthcare organizations. Based on case illustrations from medical practitioners, a definition of healthcare ambidexterity and a desirable direction for operational capabilities are provided. As a theoretical implication, experiential capability should be chosen in the case of a low degree of control and a high degree of collaboration, while a high degree of control and a low degree of collaboration should indicate a focus on lean capability. This research makes a contribution to provide a clear understanding of healthcare ambidexterity and an articulation of the practical development of operational capabilities.
Keywords: ambidexterity; organizational innovation; healthcare organization; case study; proposition development.
The Usage of Enterprise Resource Planning System to Enhancing performance of Medium-Sized Business Excellence.
by Adejare Yusuff, Arfan Shahzad
Abstract: This study examines the effectiveness of the enterprise resource planning (ERP) system adoption to enrich the organisational performance of medium-sized enterprise firms. This study focuses on four factors, support from top management, organisational support, information access and technological change. Diffusion of innovation and contingency theories were adopted to examine the effectiveness of ERP adoption. The data were collected through the questionnaires and sent to 355 medium-sized enterprise firms in Lagos, Nigeria. It is important to note that this study was limited to selected medium-sized enterprises in Lagos, Nigeria. The data were analysed using partial least squares structural equation modelling. The study found evidence that three factors, management support, organisational support, and technological change, positively significantly influence the adoption of an ERP system to improve the organisational performance of medium-sized enterprise firms. On the other hand, information access has no significant effect on the adoption of an ERP system. This study received very good responses from medium-sized enterprises, and it is believed that the purpose of this study will increase the understanding of ERP adoption in Nigeria and its effectiveness. Furthermore, the studys findings could inform future studies on how ERP could improve the organisational performance of both SMEs and large companies.
Keywords: enterprise resource planning system; support from top management; organisational support; information access; technological change; medium-sized enterprises performance.
Lean Six Sigma: A Clinical Treatment for National Health Care System
by Harsimran Singh Sodhi
Abstract: Lean Six Sigma is a business-driven, multi-faceted approach to process improvement, reduced costs, and increased profit. It helps to improve quality of product and cost saving. Lean Six Sigma is considered to be one of the best quality improvement methodology applied successfully to organisational areas like manufacturing, production, accounting and finance, sales and marketing, information systems, human resource management, etc. Lean Six Sigma is a project driven approach that concentrates on reducing variations, defects and improving the quality of products, processes as well as services. Basically Lean Six Sigma measures 3.4 defects per million of opportunities (DPMO) and it operate on the concept of DMAIC. In the proposed work, guides how DMAIC can be successfully implemented in medical transcription to identify different Lean Six Sigma projects by identifying critical to quality (CTQ).
Keywords: Lean Six Sigma; medical transcription; DMAIC; critical to quality; CTQ; Lean Six Sigma projects.
A Systematic Literature Review of the Sales Promotions Utilitarian and Hedonic Benefits
by Somesh Kumar Sinha
Abstract: With the growing importance of sales promotion tools, it is vital to widen understanding regarding sales promotion and its benefits. However, existing works of literature provide evidence about sales promotion's impacts on the consumer evaluation process through hedonic and utilitarian benefits, though existing literature has fragmented understandings and contradictory opinions and less theoretical foundations. In answer to these criticisms, this article systematically studies about Utilitarian and Hedonic Benefits of sales promotion, intending to find out what is known and what requires to be explored further. The findings of this review provide information that a majority of existing literature about Utilitarian and Hedonic Benefits of sales promotion have prioritized Asian, European and American geographical location and sample. It is also observed that maximum studies are conducted in the context of fast-moving consumer goods. Exploration, Entertainment and Value expression are the most studied hedonic benefits, while Saving, Convenience and Higher quality are the most studied utilitarian benefits of sales promotion.
Keywords: utilitarian benefit; hedonic benefit; sales promotion; systematic review.
Entrepreneurial Orientation of Rural Women in the Hill Districts of Uttarakhand: A Behavioural Perspective
by Amar Kumar, Tapan Kumar Nayak, Rajesh Kumar Upadhyay, Anjali Rai
Abstract: The Government of India in the last two decades have carved out many small regions from their parental states such as Chattisgarh, Jharkhand, Uttarakhand .These regions are full of natural resources, and Government had initiated various policies for their development. However, the results are a bit lopsided. The growth seems to be more skewed towards plain areas then hill areas. Even in the hill regions, it is skewed towards urban districts then rural districts. And within the rural district, it is skewed towards male than women. There is very meagre change in the development of women in the rural areas of hill districts. This calls for a change from an agricultural society to an entrepreneurial society. However entrepreneurship cannot be developed unless there is an orientation from within. The purpose of this paper is to explore the entrepreneurial orientation among women in the rural regions of hill districts of Uttarakhand.
Keywords: Entrepreneurship; Entrepreneurial Orientation; Uttarakhand.
Identification of World-Class Manufacturing Strategies and Their Implementation Requirements in Food Industry (Case Study: Olive Product)
by Hadiseh Kalantari, Mohsen Shafiei Nikabadi, Azimollah Zarei
Abstract: For decades, world-class manufacturing has attracted tremendous attention and become one of the driving forces for business success in organisations. Paying attention to customers needs from different perspectives and planning to meet them helps industries achieve world-class manufacturing. The main purpose of this study is to identify the world-class manufacturing strategies and their implementation requirements in Irans food industry (case study: olive product), using quality function deployment (QFD) technique. In this study, at first, the most important customer needs, technical requirements, and world-class manufacturing strategies were identified. Then, the customers needs were ranked using the TOPSIS method, and the relationships and value of technical requirements and world-class manufacturing strategies were identified and analysed by the house of quality matrix. According to the results, to achieve world-class manufacturing with good quality, all three factors (customers needs, technical requirements and world-class manufacturing strategies) must be scrutinised. In the present study, the most important customer need, technical requirement, and world-class manufacturing strategy were brand and product reliability, better technologies and process and product development, respectively.
Keywords: strategy; world-class manufacturing; WCM; olive industry; quality function deployment; QFD; TOPSIS.
Entrepreneurship in a Protected Region with Limited Infrastructure: A Study of Mizoram State in India
by Rosangpuii Hmar, Geetika Goel, Nidhi Tiwari
Abstract: Extant literature has established direct link between entrepreneurship and economic development whereas entrepreneurship is determined by various macro and micro variables. The purpose of the paper is to explore factors shaping entrepreneurship in a region which is remotely located and suffers with lack of infrastructure in spite of being rich in term of education and natural resources. Therefore, it may be useful to explore the entrepreneurial environment of Mizoram State in India as a precursor to its economic development. Towards this objective, a survey is conducted among 250 entrepreneurs operating in the state to assess the macro and micro determinants of entrepreneurship using GEM indicators. Exploratory factor analysis (EFA) is used for data analysis and as an outcome, four factors entrepreneurial motivation, social values, opportunities and capabilities and network emerge as significant determinants of entrepreneurship. Finally, the paper concludes with a model of entrepreneurship based on research findings.
Keywords: entrepreneurship; protected region; limited infrastructure; GEM indicators; intrinsic variables; macro variables; Mizoram.
ADOPTION OF DIGITAL MARKETING AMONG TOURISM INDUSTRY OF UTTARAKHAND IN INDIA
by Himanshu Kargeti, Anuj ., Rajesh Kumar Upadhyay, Ajay Sharma
Abstract: Tourism industry is an imperative segment in society, as it provides growth and support in economy and social life of most of the countries. Digitization has become imperative part of businesses now days. It has changed the working scenario of businesses and providing one the fastest platform to interact with customers. Digitization have brought significant transformation in Tourism industry. Digitization has transformed the role of Traditional tourism into update, innovative and technically upright industry. Our study attempts to find out the research gap by assessment of adaptability of digital marking in tourism industry and proposing a method to enhance digital marketing adaptability in organizations in tourism industry of Uttarakhand in India. This learning depicts the theoretical model and empirically attempts to find out the association between mentioned entities. For that we followed UTAUT theory.
Keywords: Perceived Usefulness(PU); Perceived Ease of USE(PEOU); Competitive Pressure(CP); Attitude towards use of Digital marketing(ATDM); Behavioral Intention to Use(BIU); Uttarakhand Tourism.
Using digital marketing from SMEs companies in the manufacturing industry in Albania.
by Irma Shyle, Erisjena Rruplli
Abstract: Marketing has been a challenge for the manufacturing industry worldwide because of its cost. The use of digital marketing is an area that is facing a lack of research on the manufacturing industry in Albania, so this study aims to identify how companies use the internet and digital channels in their marketing strategies. Managers and SME owners have the opportunity to know what digital marketing method can be effective for them, how to reach potential customers and be able to maximize their digital marketing and how to become more competitive. The study is valuable for marketers who can create a form that integrates digital marketing into existing traditional marketing in their organizations. The purpose of this study is to identify how small and medium-sized manufacturing companies in B2B use the Internet as a tool for digital marketing strategy and how they see the future development of Internet and digital channel use.
Keywords: Digital marketing; SME; manufacturing industry; Albania.
ROLE OF SOCIAL MEDIA IN GROWTH OF INDIAN START-UPS
by Devendra Kumar Pandey, Manoj Pandey, Kiran Soni
Abstract: The present research paper attempts to evaluate the social media's role in the growth of new start-ups. The study will also attempt to address the use for start-ups of various social media tools using variables such as relationship management, consumer behaviour data collection, product sales, market study and new product development. Research Methodology: Researchers have used descriptive research design for the study. Self-structured questionnaire was framed for collecting data from170 new entrepreneurs (respondents) in India. Both theoretical and practical data were obtained, and then analysed using SPSS. The research is carried out with the aid of tables and figures for easy understanding. Results: The research establishes that social media is expanding its reach in the industry rapidly, and has immense potential for the future. Start-ups are developing through adopting social media tools for increasing their market accessibility and also for increasing their sales through innovative ways offered by media.
Keywords: Start-ups; Social Media; Market accessibility; Customer Relationship Management; Innovation.
The Impact of Financial Risk on Economic Value Added: A Comparative Analysis of Islamic and Commercial Banks of Yemen
by Mohammed H. Alsamhi, Fuad A. Al-Ofairi, Waleed M. Alahdal, Najib H. S. Farhan
Abstract: The present study attempts to analyse the impact of financial risk on the economic value added (EVA) of Yemeni Islamic and commercial banks. The study is based on time series data for the period from 2006 to 2014. Findings indicate that financial risk has a significant impact on the EVA of Yemeni Islamic banks. Further, liquidity risk (LQR) and exchange risk (EXR) have a positive and significant effect on EVA. Moreover, LQR and EXR have a significant impact on the EVA, while credit and capital risk have an insignificant impact on the EVA of the Yemeni commercial banks.
Keywords: Financial risk; Economic value added; Islamic banks; Commercial banks.
THE INFLUENCE OF PERCEIVED RISK AND TRUST ON CUSTOMER EXPERIENCE: An empirical study on young m-banking app users in India
by Nancyprabha Pushparaj
Abstract: This paper describes the influence of seven risk factors on the mobile banking application customer experience (MBACE) by developing a theoretical model that focuses on the relationships with and without the mediating role of trust between seven risk factors and MBACE. This model was empirically tested using sample data obtained from m-banking users. The data analyzed using the structural equation modeling (SEM) method. The results revealed that not all the risks have a direct effect on MBACE, and trust has a mediating effect on MBACE. This research is one of the first of its kind to develop a conceptual model exclusively on m-banking app customer experience (MBACE) and empirically examine the impact of seven risk factors on it using the sample set obtained from India.
Keywords: Customer experience; Risk facets; Mobile banking applications; Perceived risk; Security risk; Privacy risk; Young customers; Trust.
Organizational Effectiveness and Career Support: an integrated model for Indian Millennials
by Nivedita Jha, Mayank B. Jha, Puja Sareen
Abstract: The purpose of this study is to examine the impact of organisational support for career development (OSCD) on organisational effectiveness (OE). It is a cross-sectional study based on responses collected from 252 millennial employees. The research perspective of this article is that when employees perceive the organisation's support in their career development, they reciprocate it with positive behaviour thus contributing to the overall effectiveness of the organization. The hypotheses on collected data were tested with the help of SEM. The results indicated a significant impact of organisational support for career development on organisational citizenship behaviour and organisational effectiveness. The research is limited to the IT companies in Bangalore city, India. The article is a major contribution to the literature in bridging the gap on the impact of organisational support for career development and organisational outcomes.
Keywords: Career development; Organizational Support; Millennial; Organisational effectiveness; organisational citizenship behaviour; innovation; adaptability; productivity; SET; SEM.
WORKPLACE ERGONOMICS AND QUALITY OF WORK LIFE IN ACADEMICIANS OF HIGHER EDUCATION: AN INDIAN PERSPECTIVE
by Amar Kumar, Pankaj Agarwal, Jitendra Chauhan, Vishal Sagar
Abstract: Academicians cater to a professional group who probably experience musculoskeletal problems due to vivid reasons such as prolonged sitting & conducting research work, evaluation, lecture preparation, administrative tasks, spending long hours on computer/laptop, less physical activity, standing for hours taking lectures and continuous pressure of advancing in career. Although, there are various reasons for musculoskeletal disorders, ergonomics play a pivotal role in increasing/decreasing it, effecting there QWL. Hence, this study intends to investigate the above relationship empirically. Data was gathered from academicians working in higher education institutions (HEI) of Uttarakhand, a northern province of India. Results reveal direct positive association between Workplace ergonomics and QWL. Even in the presence of mediating variable (Work related musculoskeletal disorders), the direct effect was found significant which means mediating effect is partial in nature.
Keywords: Workplace Ergonomics; Musculoskeletal disorders; Quality of work life (QWL); Academicians; Higher education.
Business Excellence Models (BEMs): A Critical Review of the Models' Frameworks
by Alaa Ubaid, Fikri Dweiri
Abstract: The objectives of this research are to identify the gaps and potential improvement areas in the frameworks of the predominant Business Excellence Models (BEMs) and to propose a future research agenda. The methodology used consists of three steps that are reviewing the predominant BEMs frameworks; analyse the reviewed frameworks based on the framework and the Excellent Performance Realisation Methodologies (EPRMs) elements proposed by Ubaid and Dweiri; then synthesize the results in the third step. The analysis of the literature confirmed the novelty of this research approach. The current research enhances the knowledge in the Business Excellence (BE) scope by identifying three gaps in the BEMs frameworks. The gaps include the gap related to the Tool Kit (TK) element, the gap related to the Performance Management system (PMs) element, and the gap related to the overlap between the elements of the excellence frameworks. Many future research areas suggested in this research.
Keywords: Business excellence model; Framework; Methodology; Evaluation.
Exploring Impact of Selected Marketing Strategies on the Consumer Lens.
by Majed Kassem Alsyani, Fatehi Almugari, Amgad S.D. Khaled, Eissa A. Al-Homaidi, Parul Bajaj
Abstract: This study aims at exploring the influence of marketing strategies on the consumer lens (brand favourability). The Exploratory Factor Analysis is used to construct some of marketing strategies. Forty-nine items, about marketing strategies were inserted into SPSS. Out of 49 items, only 26 items were selected under five factors. The validity and reliability were tested using exploratory factor analysis (EFA) and confirmatory factor analysis (CFA).Convenience sampling method was used to approach the respondents. The Structural Equation Modelling (SEM) was used to test the hypotheses. The study found that product innovation strategy, intensive distribution strategy, and customer value-based pricing have a significant and positive impact on the consumer lens (brand favourability). Besides, the study found that the labelling strategy has a significant and negative impact on the consumer lens (brand favourability). The study provides researchers, marketers, and managers with an important glance about factors affecting consumers' brand favourability in Yemeni market.
Keywords: Consumer lens (brand favourability); EFA; CFA; SEM; Intensive Distribution; Product Innovation; Customer Value-Based Pricing; Labelling.
Minerba Governance Policy in Indonesia with Soft System Thinking Approach Based on Social Network Analysis, Seven-Stage Model and U Theory
by Sujono , Soesilo Zauhar, Hermawan , Lely Indah Mindarti
Abstract: To map mineral and coal policies by analysing the law and produce research novelty on mineral and coal governance policies in Indonesia with a soft-systems thinking approach based on and social network analysis, sevenstage model and U Theory. The results of the SNA analysis show that Mining Law No. 4/2009 is too specific and governed by conversations about IUP and IUPK production operations. This is influenced by the environment (environment) which is still limited publication of scientific articles showing the enrichment of SSM with listening methods in U Theory, especially the real world stage in the framework of enrichment methodologies to produce research novelty in the study of systems thinking. The authenticity of this research is the concept of SNA, SSM and U Theory in the Mining Law research.
Keywords: Social Network Analysis; sustainable mining policy.
Assessment of Transfer of Training and Organizational Commitment Scales
by D. Armstrong Doss
Abstract: There is enormous scope and potential for the growth of training industry. With continuous influx of work force year after year, there is an inadvertent need to endow the workforce with the requisite Knowledge, Skills and Attitude necessitated for the job. This research is carried out to understand the concept of transfer of training and its association with organizational commitment. The study employs Learning Transfer System Inventory (LTSI) scale and organizational commitment scale (OCS) to analyse the training and development practices in Indian manufacturing and service industry. For the various scales and sub-scales employed in the study reliability analysis was performed . Confirmatory factor analysis was carried out to assess the degree to which the data meets the expected structure. The outcomes were tabulated and inferences show a good model fit. Further future prospects for research in this direction are contemplated.
Keywords: Transfer of training; Organisational commitment; Reliability; Confirmatory factor analysis.
The Link between Self-Knowledge and Job Satisfaction.
by Leandro Pereira, André Salgado, Carlos Jeronimo, Renato Lopes Da Costa, Álvaro Dias, José Santos
Abstract: Self-knowledge is a very prominent theme as it is one of the strong drivers for the skills acquisition and personal and professional evolution In this experimental study, self-knowledge and its relationship with job satisfaction were investigated in a group of sixteen top and middle managers of a management consulting company operating in the Iberian Peninsula, by applying a 360 methodology through application of questionnaires to the collaborator and his/her sphere composed by superior, subordinate and family/friend To quantify self-knowledge, it was measured the Euclidean distance between the answers of the questionnaires, thus measuring the dissimilarity answers between the collaborator and the respective sphere The results indicate an association between self-knowledge and job satisfaction.
Keywords: Self-knowledge; Job satisfaction; 360 evaluation; Euclidean distance.
Unearthing the Determinants of Commuters Satisfaction in Delhi Metro Rail Corporation
by YOGENDRA P.A.L. BHARADWAJ
Abstract: The purpose behind this research investigation is to unearth the major determinants of service quality and their outcome on commuters satisfaction which stimulate them for the commutation process of metro services in Delhi Metro Rail Corporation In the nature of extensive purposive sampling approach based on a five-point Likert scale, data was collected from 850 commuters travelling from DMRC with the help of a self-administered questionnaire and using a structural equation modeling to validate the importance of the research model The findings of this study revealed that empathy & security and assurance are the two major predictors of commuters friendliness and significant determinant for commuters' satisfaction It likewise featured that the higher the commuters' friendliness approach among commuters' the lesser will be their fulfillment with the current metro service quality framework and higher reliability of metro outline will prompt expanded inclusion of the commutation system.
Keywords: Service Quality; Delhi Metro Rail Corporation; Commuter Satisfaction; Commuters Friendliness; Organisational Image.
Re-Creation Fundamental Concepts on the Culture of Excellence to Achieve Maturity of Organisational Excellence
by Mohammad Reza Fathi, Mohsen Moradi-Moghadam, Hossein Safari, Mohammad Reza Sadeghi Moghadam
Abstract: The aim of this paper is to investigate the principles affecting the culture of excellence by examining the literature review of quality culture, Organisational culture, and Excellence culture, and eight effective concepts have been developed on the culture of excellence. In this Paper, survey results and literature review were summed up in 8 essential concepts of BEMs. The structural model was developed using the ISM approach. This method enables individuals and groups to decide complex relationships between a large numbers of elements in a complex situation and act as tools for organising and complexity of relationships between variables. As a result, there will be a need to move from common tools and techniques of Quality Management. Managers endeavour must be around building a new culture around quality. This brings researchers to the importance of a strong Excellence Culture, but the principles of this culture are not agreed on.
Keywords: Culture of Excellence (CoE); Business Excellence Models (BEMs); Quality Culture (QC); Total Quality Management (TQM); Interpretative Structural Modelling (ISM).
The Trade-Off between Outreach and Sustainability of Microfinance Institutions: Does Loan Delinquency Play a Mediating Role?
by Mohammad Zainuddin, Abu Saad Md Masnun Al Mahi, Ida Md. Yasin, Shabiha Akter
Abstract: The outreach-sustainability trade-off in microfinance is often attributed to the high transaction cost of small loans. But does loan delinquency play any role? Is there any relationship between delinquency and poverty level of borrowers? In microfinance, loan delinquency is a key concern, as poor borrowers lack collateral and microfinance institutions (MFIs) face information asymmetry which may lead to problems of adverse selection and moral hazard. This paper empirically examines the relationship between microfinance outreach and sustainability, and the role of loan delinquency in that relationship. Through a rigorous quantitative analysis of a global dataset of microfinance firms, the study confirms that MFI sustainability comes at the expense of outreach and there is a trade-off between the two goals. It demonstrates the mediating role of loan delinquency in the outreach-sustainability relationship and indicates that poor clients, compared to not-so-poor, have high delinquency rates that negatively affect the financial performance of MFIs.
Keywords: microfinance; outreach; sustainability; loan delinquency; portfolio at risk; information asymmetry.
Demystifying the Relationship between Enablers and Results at Sub-criteria level: An Empirical Study on EFQM model
by Narasimha Murthy, Kuldip Singh Sangwan, N.S. Narahari
Abstract: The purpose of this article is to assess the interrelations between the EFQM models enablers and results at the sub-criteria level. The multi-collinearity issue is addressed using a factorial analysis of DOE techniques for identifying the primary factors influencing the results. The primary data for the study is taken from the assessment scores of 58 Indian companies used for EFQM award program. The factorial analysis is primarily used for data analysis. The research has identified the primary influencing factors at the sub-criteria level for the customer, people, society, and business performance improvement. The few and critical enablers identified in the research would serve managers and organisations as a guide for effective deployment of the EFQM model and focussed prioritisation for the improvement. The study has also demystified the assumptions regarding interlinkages/inter-connections among sub-criteria of the EFQM model to improve organisational results.
Keywords: EFQM; Factorial Analysis; DOE; Demystifying of EFQM; Empirical Research; Result Criteria; Influencing factors; Business Excellence.
A tactical three-phase implementation model for agile manufacturing
by Rahul Kumar, Kanwarpreet Singh, Sanjiv Jain
Abstract: Increasing globalization, uncertain environment, swift technological development, and competitive pressures force organisations to adopt different practices and tools to improve manufacturing processes. This paper aims to propose a phase-wise implementation model of all necessary measures to achieve successful agile manufacturing implementation. Tactical modelling is used employing options field methodology (OFM), options profile methodology (OPM), analytic hierarchy process (AHP), and fuzzy set theory (FST). Initially, various agile manufacturing implementation-related issues and business performance-related issues are listed after conducting a survey. OFM is used to convert business performance-related issues into options, which are further converted into six clusters. OPM has converted agile manufacturing implementation-related issues into eight profiles or courses of action. Further, AHP is used to calculate the weights of various profiles generated through OPM. At last, clusters formed through OFM techniques, are ranked using FST. Finally, a phase-wise implementation plan has been proposed for the successful implementation of agile manufacturing.
Keywords: agile manufacturing; business performance enhancement; options field methodology; options profile methodology; analytic hierarchy process; and fuzzy set theory.
Market Knowledge Acquisition and Sustaining Firm Performance: An Approach towards Business Excellence
by Manoj Kumar, Pooja K. Singh
Abstract: At present, managing and sustaining performance has become a challenge for organisations, where environment forces (enabling and restraining) are continuously interacting and results as dynamic, uncertain and unforeseen contexts. Knowledge optimization plays a significant role in managing and synchronizing core business practices which can be ensured by linking its source and deployment to sustain long term business performance. The present study aims to explore the linkage among market knowledge acquisition, firm innovation and performance. Theoretical pieces of evidence, relevant research work and arguments have been retraced from e-database/sources such as Google scholar, EBSCOHost, ScienceDirect, ProQuest, etc. using a systematic review method. This study adds value to knowledge literature, by offering insights into the knowledge sourcing aspect and exploring how it enhances innovation practices for the purpose of sustaining organisational performance. This study inferences, limitations, and future opportunities have also been discussed.
Keywords: Market Knowledge Acquisition; Innovation; Firm Performance; Business Excellence; Knowledge Management.
Salesforce control systems: A review of studies
by ZOHA FATIMA
Abstract: Salesforce is one of the main assets of any organization. As salesforce is controlled by a control system, it is important to know what kind of impact a salesforce control system has on the salesforce. This paper contributes to the salesforce control literature by providing a comprehensive review based on research published in the area of salesforce control system in the last 43 years (1975-2018). The objectives of this review are to examine the chronological trends in the area of salesforce control system research in terms of research focus, research methods, research type, geographical region etc.
Keywords: Salesforce control system; Behaviour based control; Outcome based control; Salesforce performance; Sales organization effectiveness.
Brand Personification through Celebrity Ambassador: A Study to Investigate the Impact on Consumer Attitude and Loyalty
by Era Nagpal, Hardeep Singh Mundi, Anurag Singh
Abstract: The advent of technology has redefined marketing in the 21st century driven by the rise of digital networks, which are instrumental in creating an enhanced brand experience for the consumers. While the businesses are competing for the attention of consumers, the humanization of a brand referred to as Brand Personification is being extensively used for creating differentiation especially in the FMCG sector. The subjectivity among consumers makes it important for marketers to have a comprehensive understanding of the concept of consumer attitude and loyalty. This study aims to examine the influence of brand personification using brand personality scale on consumer attitude and loyalty using bivariate analysis. The findings of the study reveal that both consumer attitude and loyalty are impacted significantly by brand personality. The positive response of consumers to celebrity endorsements personifying a brand leaves an implication for the marketers to exploit this strategy to fight the tough competition.
Keywords: Brand Personification; Brand Personality; Consumer Attitude; Brand Trust; Brand Affection; Consumer Attitudinal Loyalty; Consumer Behavioural Loyalty.
Exploring the role of Experience, Experience Intensification on Autobiographical Memory and Nostalgia and Behavioural Intention- A Theory driven approach.
by Issac Johny, Sivakumar VJ
Abstract: The objective of the research work is analysing post consumption evaluations and influences of experience intensification, memory and nostalgia experience and behavioural intention in theme park research. By the theory driven approach, this study explores the Consumers overall experience and experience intensification on their memory, nostalgia and behavioural intension. Samples have been collected from 355 theme park visitors from Tamil Nadu. Structural equation modelling and process macros were used for testing the hypothesis. Finding confirmed that the consumers overall experience has positively influences experience intensification and experience intensification has positive effect on memory and nostalgia and both influences behavioural intention. Conclusion of the study provide valuable insights to the practitioners. Suggestions for future research work is also given.
Keywords: Autobiographical Memory; Nostalgia; Customer Memory; Experience Intensification; Customer Experience.
SPIRITUAL MARKETING AND ENTREPRENEURIAL ORIENTATION AS THE DETERMINANT OF INNOVATIVE CAPABILITY WITH MARKETING CAPABILITY MODERATION
by Ahmad Bambang, Andriani Kusumawati, Umar Nimran, Suharyono
Abstract: The purpose of this study is to examine and analyze the effect of Increasing Spiritual Marketing and Entrepreneurial Orientation on Innovation Capability with moderating variables Marketing Capability at PT Pertamina (Persero) Indonesia. Data analysis was performed using a statistical method known as the Multi-Group SEM analysis model with the GeSCA Approach. The population of this study consisted of 3,207 regional marketing offices (UPMS) and spread throughout the company PT. Pertamina (Persero). Increased Marketing Capabilities can strengthen the influence of the Entrepreneurial Orientation relationship on Innovation Capabilities. Novelty in this study lies in the marketing ability variable as a spiritual marketing moderation and Entrepreneurial Orientation towards Innovation Capability. In addition, this research also reconstructs or develops a more comprehensive model of the company's Innovation Capability concept by including Spiritual Marketing and Entrepreneurial Orientation as explanatory variables.
Keywords: Spiritual Marketing; Entrepreneurial Orientation; Innovation Capability; Marketing Capability. SEM Multigroup with GeSCA approach.
Framework for Enablers and Outcomes of Workforce Agility : Socio Technical Systems Perspective
by Deborah Sharon Stanley, Vaneeta Aggarwal
Abstract: Organizations in this fast driven market environment have felt the need to be flexible and change driven This has brought the importance of agility in the workforce Agile workforce exhibits the characteristics of adaptability, flexibility and innovativeness that works with speed and competitiveness Workforce agility is considered as a key to organizational agility (Breu et al , 2002) We aim to address this issue by bringing out the various enablers of workforce agility along with the outcomes The enablers of workforce agility are categorized based on the socio-technical system as individual and social, technological and organizational perspectives In a socio-technical system, the behavior of the workforce, environment in which they work, machinery and technologies adopted in the organization as well as the systems, strategies, practices followed in the organization should work in unison towards achievement of the objectives This conceptual paper reviews the literature on workforce agility to build framework.
Keywords: Workforce Agility; Workforce Agility Enablers; Socio-Technical Systems; Workforce Agility Outcomes.