International Journal of Business Excellence (140 papers in press)
'Application of MQL for Developing Sustainable EDM and Process Parameter Optimization using ANN and GRA Method'
by Srinivas Viswanth, R. Ramanujam, Rajyalakshmi Gajjela
Abstract: This paper addresses the experimental-based optimisation of near dry EDM process on duplex stainless steel 2,205 grade material under minimum quantity lubrication (MQL) for improving the sustainability. Taguchi's L9 orthogonal array experimental design has been executed for varying input parameters like pulse-on time, pulse-off time, current and voltage. The machining performance is analysed by measuring the material removal rate (MRR), electrode wear rate (EWR) and surface roughness (SR). The obtained results are analysed by the artificial neural network (ANN) and grey relational analysis (GRA) for the multi-response optimisation. In multi-response optimisation, the optimum combination of parameters derived using GRA lead to the improvement of material removal rate at 6.1287 mm3/min and reduced electrode wear rate 0.0698 mm3/min at optimal parameters levels (TON = 450
Keywords: Minimum Quantity Lubrication; Sustainability; Electrical Discharge Machining; Grey Relational Analysis; Multi-response optimization.
Improvement in Procurement through Energy Resource Planning for Manufacturing Organization
by Iram Naim, Ashraf Rahman Idrisi, Tripti Mahara
Abstract: A manufacturing organisation performs planning for optimal utilisation of their resources. Energy resource planning plays a key role for energy intensive organisations to manage their energy resources efficiently. In India, procurement of energy resource especially for natural gas requires procurement contract from supplier. The imbalances between the upcoming future requirements predicted by buyer and its actual consumption always attract additional charges in form of penalty. This paper focuses on how energy resource planning combined with procurement can benefit a manufacturing organisation through effective forecast mechanism in order to decide the critical level for procurement of natural gas. Furthermore, the realisation of energy resource planning benefits during procurement of natural gas by deciding the optimal value of gas purchase is also illustrated through a case study of CFFP, BHEL Haridwar, a manufacturing organisation in India.
Keywords: Manufacturing Organization; Energy Resource Planning; Procurement; Forecasting; Time series; Cross-validation; ARIMA; Natural gas; Penalty; Contract Agreement.
EVALUATING PERFORMANCE OF APPAREL RETAIL STORES USING DATA ENVELOPMENT ANALYSIS
by Smriti Pande, Ruby Sengar, Narendra Singh Chaudhary
Abstract: The purpose of this research paper is to evaluate the performance of chain of organised apparel retail stores and also to benchmark their performance at company as well as store level considering both discretionary as well as non-discretionary variables. The paper aims to use data envelopment analysis firstly, for calculating the efficiency score and secondly for calculating projections for each of the retail store in order to understand the excess in discretionary inputs and shortfalls in output. Results show that most of the retail stores are performing well but there is a scope for improvement in several cases. The study provides a framework for performance evaluation and also assists in identifying the areas of improvement.
Keywords: Retail; Apparel; DEA; Discretionary; Non-discretionary; India.
Specificities of SMEs Relevant to Knowledge Management: a Systematic Literature Review
by Jeanfrank T. D. Sartori, Guilherme F. Frederico, Maria Do Carmo Duarte Freitas, Ricardo Mendes Júnior
Abstract: The various positive impacts that knowledge management (KM) offers to organisations that effectively apply it are fully consolidated in the literature. Nonetheless, even large enterprises, although usually abundant of human, financial and technological resources, are not always expressively successful on applying that concept. Small and medium-sized enterprises (SMEs) present numerous additional characteristics, challenges and obstacles to the implantation of KM. To contribute to change that reality, it is clear from the scientific perspective the importance of the effort to consolidate the state of art of knowledge on this field, especially because the last similar work dates to 2012 and significant research in different countries has been produced since then. In addition, just a few of previous works have their main goal like what is here presented. Thus, the present article is a systematic review of the literature of the relevant specificities of SMEs for KM in a global perspective.
Keywords: Knowledge Management; SME; systematic literature review; global perspective; specificities; knowledge; challenges; practices.
Designing and Testing the Success Model of Shopping Centers in Iran
by Gholamhosein Ahmadi, Ali Kazemi, Bahram Ranjbarian
Abstract: The aim of this research is to identify the key factors of success of shopping centres in Iran. It will help investors, especially banks, reduce their investment risk. This research is a developmental study in terms of objective and descriptive-survey in terms of method. The tool to collect the data included interview and questionnaire based on Likert scale. Qualitative data were analyzed by using thematic analysis techniques and quantitative data were analyzed using SEM. The results revealed that six key factors play role in the success of shopping centres: 1) factors related to location; 2) factors related to administration of the shopping centres; 3) factors related to ownership and tenants; 4) factors related to goods and services; 5) factors related to marketing; 6) factors related to architecture and design. In addition, the moderating variable of the size of the shopping centre can change the effect of each of these factors.
Keywords: Shopping center; success index; people visiting the shopping centers; shopping mall.
Export Country Selection with Fuzzy AHP and PROMETHEE
by Elia Oey, Yu Sekiguchi, Yunanto Adi Nugroho
Abstract: With the advancement of technology and communication, international business gives opportunity for firms to expand its coverage beyond its domestic markets. The research is a case study of a shoe sole manufacturer in Indonesia sought to expand its business to international market. Seven potential countries were shortlisted, and 15 sub-criteria were identified for the export market selection of the studied company. The study employed combination of fuzzy AHP and PROMETHEE for its analysis. Fuzzy AHP was used to calculate weight of (sub)-criteria, whilst PROMETHEE was used for ranking the alternatives. Two scenarios were performed using different preference functions in PROMETHEE to gain insights and ensure stability of the recommendation. Using PROMETHEEs stability interval, sensitivity analysis was also performed and recommended two stages of export plan. As the first stage it recommended three countries (Italy, China and Thailand) as the starting export countries for the studied company.
Keywords: Fuzzy; AHP; PROMETHEE; Export; Country Selection.
Identification and prioritization the critical activities of the emergency department using business continuity management concept
by Bakhtiar Ostadi, Mehdi Alibakhshi, Mohammad Mehdi Sepehri
Abstract: Supporting critical activities and key process in the unmoral situation is important success factor to any organisations and emergency department (ED) as one of the most important parts of the hospital. The aim of this paper is to identify and prioritise ED critical activities by using business continuity management (BCM) approach. For this purpose, preliminary ten main activities in ED were identified based on the patient flow mapping through using BPMN standard and literature review and experts judgement. Then, analytical hierarchy process (AHP) has been used to assess the identified ten activities of ED and to find their priorities in according to major criteria of criticality of an activity. Ten preliminary activity were refined and validated through interviews with ED experts. The findings of the study can be used by EDs as an important achievement in taking strategic decisions regarding BCM and resources allocation.
Keywords: Emergency department; Critical activities; Business continuity management; Analytical Hierarchy Process; Patients flow.
A Mixed System of Network Data Envelopment Analysis to Evaluate the Performance of Bank Branches: An illustration with Iranian Banks
by Sajad Akbari, Jafar Heydari, Abbas Keramati, Mohammadali Keramati
Abstract: Performance evaluation in the banking industry is important for managers, customers, investors, and stakeholders. Measuring and improving efficiency in banks are among the most important applications of the data envelopment analysis technique and numerous studies have been done in this area. This study is aimed to investigate and design a mixed structure in accordance with the conditions of Iranian banks. Since we want to obtain performance of different divisions of the new structure, an envelopment form of the NDEA model had to be used. Therefore, a slack-based NDEA model was selected to solve its mathematical model. The study sample consisted of 31 branches of a large commercial bank in Iran. The advantage of this research to previous studies is that the result will be more realistic considering the inputs and outputs consistent with Irans banking conditions. The interesting result of this research can be mentioned as follows: there is no need to allocate high inputs in order to obtain the maximum efficiency of the branches.
Keywords: Data envelopment analysis (DEA); Mixed System; Network; Efficiency; Banking industry; Performance evaluation; Iranian banks.
Work-family Conflict of Women Entrepreneurs in the Informal sector in India.
by SHOBHANA NARAYANAN, ANNETTE BARNABAS
Abstract: The objective of the study is to investigate the work-family conflict of women entrepreneurs in the informal sector in India. It considers the impact of demographic variables on the work-family conflict. It also focuses on the obstacles, namely, the economic and legal factors along with family-related factors, gender-related issues and technical factors, faced by women entrepreneurs, and their impact on work-family conflict. The study used a survey instrument to collect data from 245 women entrepreneurs from Tamil Nadu, India. The findings of the study depict that among the demographic variables, the time spent at home had the highest impact on the work-family conflict. The overall findings conclude that lack of spousal support, one of the family related factors is the best predictor of work-family conflict among the various obstacles faced by women entrepreneurs.
Keywords: women entrepreneurs; informal sector; obstacles; work-family conflict; India.
DOES PROFIT SHARING ENHANCE PRODUCTIVITY: EVIDENCE FROM THE RETAIL FOOD INDUSTRY IN CANADA
by Mahmoud Askari, Ghaleb A. El Refae
Abstract: In this paper, we provide further support for using profit sharing to enhance productivity and profitability from the retail food industry in Canada. The overall gross profit percentage (GP%) of a retail store was used as a measure of productivity and profitability for the store. In addition, and as another measure of productivity, the study compared the performance of one of the most sensitive departments in a food retail store, and that is the GP% of the produce department. Results show that the overall actual GP% of the studied location has increased by 1.74% in the first quarter of using profit sharing, when compared with the previous quarter. Results also show an actual GP% increase of 1.12% for the profit sharing quarter when compared with the previous year that preceded the shift to profit sharing compensation system.
Keywords: Profit Sharing; Productivity; Motivation; Performance; Incentives.
Operational Excellence in the Value Stream of Electricity Distribution
by Bahman Jamshidieini
Abstract: Sustainable success is the ultimate aim of electricity distribution companies. However, it cannot be achieved without an efficient supply chain that rigorously creates value for customers. Operational excellence (OPEX) is a holistic discipline which can help electricity distribution companies to pursue this path by focusing on waste minimisation and improve the service continuity. In the current study, the value stream of electricity distribution and its processes were studied and for the first time, an integrated OPEX framework for this business was developed. This framework is comprised of both technical and organisational aspects such as business intelligence, integrated asset management, and resilient supply chain.
Keywords: Operational Excellence (OPEX); electricity distribution companies; value stream; business process management; continuous improvement; sustainable success.
Determinants of Consumer's Buying Behavior for digital products in Trade Fair
by Navneet Gera, Davide Di Fatta
Abstract: The purpose of this study is to examine the factors which have an effect on the intention to shop digital products at the India International Trade Fair. The study comprises both qualitative and quantitative analysis of the buying behaviour of consumers who visit trade fair. For this, a sample of 160 respondents has been taken by using non-random convenience sampling method. The key factors, i.e., value for money (price and quality), brand awareness and service utility were identified and analysed through the use of factor analysis. Findings point out that value for money and brand awareness are the most important variables that influence decision of consumers to shop at trade fair. The study also suggests that sellers of digital products can leverage the above factors to influence consumers to buy at the trade fair. This research is exploratory and causal with potential to be confirmed in the different trade fairs in future. Trade fairs also provide an opportunity for networking and thus relationship marketing plays an important role. Further, the research has opened up the areas of research in Indian context and has concluded with managerial implications.
Keywords: consumer buying behaviour; digital products; trade fair; value for money.
Reducing Costs in Manufacturing Firms by Using Target Costing Technique
by Hamood Mohd Al-Hattami, Jawahar D. Kabra, Murlidhar Lokhande
Abstract: The main study purpose is to explore: 1) whether the use of traditional methods leads to higher costs; 2) whether the use of target costing technique leads to lowering costs and increasing the profit margin of the firm. This paper is based on case study data, collected at one manufacturing firm (furniture). Target costing is a relatively simple technique and easy to understand and apply, although it has a significant impact on the profitability and competitive advantage of firms. The major study results include the following: 1) cost-based pricing in the factory leads to higher prices and an inability to compete; 2) the application of the target costing technique led to achieving a reduction in costs to the target reduction using tear-down analysis and value engineering. Moreover, it is also possible to confront local and foreign competition in a clear and orderly manner. The study also concluded that this technique has succeeded in lowering costs when applied in the factory (the study sample).
Keywords: target costing; target costing technique; cost reduction.
Harnessing Demographical Differences in Life Satisfaction: Indian Manufacturing Sector
by Rinki Dahiya, Santosh Rangnekar
Abstract: With the advent of research on employee demographics, organisational researchers have re-illuminated the importance of life satisfaction in working adults. With this precept in mind, the purpose of the present study is to test the demographically-based perceptions of life satisfaction. The data were collected through the survey method from 404 full-time employees working in the manufacturing sector organisations in India and analysed with the help of the T-test and ANOVA technique. The results showed that perception of life satisfaction in employees significantly differ according to age, gender, education and income level. Further, the results revealed that male employees perceive higher life satisfaction than female employees and elderly employees perceive more life satisfaction than younger and middle aged employees. Also, more educated an employee is higher the perception of life satisfaction. Furthermore, the perceptions of life satisfaction increases with higher income level. These findings attempt to provide the HR professionals and practitioners with some knowledge that how the employees perceive their life satisfaction based on demographics and posit a more sensitive attitude towards employee's life satisfaction. The study also highlights that due attention should be given to demographical diversity while transfiguring human resource practices in the organisations.
Keywords: Life satisfaction; employees; gender; education; income; Indian organisations.
CHANGING POVERTY LINE- INCLUSION AND EXCLUSION OF POOR IN INDIAN STATES
by BALAJI MURUGESAN
Abstract: The Tendulkar committee and the Rangarajan committee had provided different poverty estimates for India in the past. It is necessary to appreciate the consequences of changing poverty estimates in identification of poor and non-poor households. This paper seeks to examine the sensitivity of the distributional profile in eight developed and under developed Indian states to a unit change in Tendulkar poverty line by applying kernel density function for the consumer expenditure distribution from the National Sample Survey Organization's 55th, 61st, 66th and 68th quinquennial rounds. The developed states have exhibited higher sensitivity compared to neo-patrimonial states to a unit change in poverty line. It is ascertained that the inclusion error will decline and exclusion error will increase if we move down the poverty line over a period of time as the poor people in the poverty zone are escaping at varied rates across space and time.
Keywords: POVERTY;POOR; POVERTY LINE;POVERTY MEASUREMENT.
Empowering Leadership to Performance Excellence: The role of Knowledge Sharing and Self Efficacy
by Sunu Widianto
Abstract: Leadership style is known as a prominent factor of employee performance in the organisation. Very few studies have examined the link between empowering leadership style and performance among health workers especially in South East Asia country such as Indonesia. The aim of this study is investigate the link between empowering leadership, self-efficacy, knowledge sharing and job performance of professional health workers in Indonesia. We surveyed 103 nurses in a large private hospital in Indonesia using self-administered questionnaires. The employees assessed empowering leadership style of their immediate manager and self-perception of their level self-efficacy, knowledge sharing and job performance. To test the hypotheses, we used partial least square. The finding shows that empowering leadership styles significantly relates to job performance through self-efficacy. Surprisingly, empowering leadership does not relate to knowledge sharing and link to the job performance.
Keywords: Empowering leadership; Self-efficacy; Knowledge sharing; Hospital; Job performance excellence.
Bank-group wise Comparison of Loan Recovery Performance of Commercial Banks in India
by ROBIN THOMAS, Shailesh Singh Thakur
Abstract: In scholarly banking literature, the non-performing loans are associated with bank runs, bank failure and eventual management quality of banks. Non-performing loans have both exogenous and endogenous attributions in banking literature. However, macroeconomic conditions in an economy being ceteris paribus, empirical literature finds support for the
Keywords: Loan Recovery; Nonperforming Loans; Bank Management; Panel Data Regression; Dummy Variable Regression.
The Relationship between Personality Traits and Individual Performance: A Case Study in Malaysian Hotel Industry
by Javad Shahreki
Abstract: Performance management is an essential factor for the continued success of any organisation. A good individual performance leads to good organisational performance and success, or vice-versa it could lead to unfavourable stress and tension for employees and poor performance of the organisation. In the hotel industry particularly, positive personality traits in general managers (GMs) and assistant general managers (asst. GMs) performance can improve the performance of employees and hotel. Therefore, investigating the relationship between personality traits and individual performance is highly concern of current researches. This study aims to investigate the relationships between GM and asst. GM of the hotel industry in Malaysia by conducting interviews on personality traits and individual performance. Among five personality traits, which are openness to experience, conscientiousness, agreeableness, extraversion, and neuroticism, the findings revealed that conscientiousness and agreeableness are the most significant ones in GM and asst. GM performance. The study also discusses further on the individual performance of GM and asst. GM as well as the personality traits characteristics.
Keywords: Personality traits; Individual performance; Tourism industry; Hotel industry.
An empirical study on the influence of Customers Banking Operational Characteristics [Banking Habits] towards the adoption of Internet Banking
by Saravanan Perumal
Abstract: The focal point of the study is the impact of customers socio-economic and banking operational characteristics on adoption of internet banking (IB) in Chennai Metropolitan city with specific reference to Indian bank. The findings of the study will benefit one of the reputed public sector bank in India directly and also the other public sector banks indirectly by providing the statistics on the influence of
Keywords: Internet Banking; Adoption; Banking Habits; Socio-economic; Banking Operational Characteristics.
Determining the foreign market potential for Iranian sporting goods
by Geoff Dickson, Mohammad Rasoul Khodadadi, Adel Shomali, Roghayeh Sarlab
Abstract: The selection of export markets is a difficult choice. There is a plethora of international markets, but some will be more attractive than others. This study determines the foreign market potential for Iranian sporting goods. Using secondary data obtained from the United Nations, we used both screening and numerical taxonomy approaches. The two approaches produced divergent findings. The screening approach identified China, Bulgaria, the USA, Canada and Panama as the best export target markets. In contrast, the numerical taxonomy approaches indicated Panama, Australia, Macao and Singapore as the best export markets. Given the size and likely growth of the global sporting goods industry, there is a potential for Iran to access more of this global demand. However, to do this Iran must overcome economic sanctions, inflation, a poor national brand, fluctuating exchange rates, and political instability.
Keywords: international market selection; foreign market selection; numerical taxonomy; screening; foreign markets; export markets.
Perceived Awareness and Practiced Level of Soft Skills among Personnel in the Telecom Industry of Bangladesh
by Tamanna Eva, Rumana Afroze
Abstract: Presently, organisations are emphasising on employees soft skills to gain a competitive advantage. This study aims to explore the awareness level and practices of soft skills among managers and non-managerial employees in the telecom industry of Bangladesh. It also attempts to measure the correlation among various skills, discover the central role player in developing soft skills and identify the availability of training facilities in the workplace to improve those skills. A structured questionnaire has been administered to collect data from 75 respondents of five telecom companies with adopting a convenience sampling method. The quantitative approach has been followed to complete this paper. Collected data have been analysed through descriptive statistics: mean score, ANOVA and correlation analysis. The result reveals that respondents are well aware of soft skills and they are practicing the maximum number of contents in a similar way except effective action taking ability, integrity, experience in organising programs and being friendly. The study also discovers significant and positive relationships among several of soft skills. Moreover, self-motivation plays the central role to develop employees soft skills which later organisations try to enrich through training. Findings would be beneficial for enhancing employees soft skills practices to achieve competency.
Keywords: Soft Skills Awareness; Role player; Training; Organizational performance; Telecom Industry.
ELEMENTS IMPACTING THE ADOPTION OF M-APP AMONG THE TRAVEL COMPANIES IN INDIA
by Debarun Chakraborty
Abstract: Nowadays, adoption of various mobile apps through smartphone is a common practice. Throughout the world, smartphone users are exposed to various apps. The purpose of the study is to find the factors impacting when the consumers are adopting the mobile apps amongst various travel organisations. Simple random sampling has been used to collect the samples from all the four metro cities of India. One hundred eighty-two responses have been collected from various areas of Delhi, Kolkata, Mumbai and Chennai. Multiple regression analysis has been used to conduct the study through SPSS v. 21. The findings of the study revealed that technological, organisational, environmental, perceived cost and perceived trust significantly affected the adoption of mobile applications by tourism organisations in India.
Keywords: M-app; Travel companies; Adoption; Cost; Security.
A systematic review of the integration of best practices for world class manufacturing
by Abhijeet K. Digalwar, Anirudh Tusnial
Abstract: Manufacturing organisations are trying to become world class by integrating best practices. While multiple authors have studied world class manufacturing (WCM), no paper consolidates these results. Further certain inconsistencies are found in existing WCM frameworks. A need was therefore felt to clearly identify and define the scope of best manufacturing practices identified from different countries and industries. 173 research papers on WCM were collected from different online databases and reviewed for the purpose of this study. A descriptive analysis was performed to understand the timeline, geographic, author and journal related trends of the papers. Papers were also classified based on content and industry settings. The best practices identified were defined and the popularity of each best practice was evaluated on the basis of number of mentions. The paper finally proposes a new framework for WCM, inspired from the functioning of the human body.
Keywords: World class manufacturing; manufacturing excellence; manufacturing best practices; literature review.
Sustainable Development: Gender Equality as Corporate Social Responsibility by Mining Companies
by Nattavud Pimpa
Abstract: The gendered impacts of mining industry on women is critical for mining companies. A key challenge for the management of sustainable development programs for gender equality is the need to develop sophisticated approaches that work at the local and international levels. In this paper, the researcher investigates the impact of CSR programs on women through the perceptions and life experiences of female workers and various members of the mining community in La PDRs. The results show that CSR programs on women employment, social roles of women in the organisation, health promotion, and vocational training can influence the likelihood of sustainable development by mining companies. However, the extent to which mining companies can be considered focus and accountable development agents remains limited due to the instrumental nature of development-oriented CSR programs.
Keywords: Gender; Women and Work; CSR; Sustainable Development.
Developing a Brand Performance Model Based on Customer-based Brand Equity in the Market of Irans Banking Services
by Azarnoush Ansari, Ali Kazemi, Seyed Reza Jalalzadeh
Abstract: Awareness of banking brand performance and its evaluation is one of the main goals and success indicators of an organisation in achieving its aims and missions. Meanwhile, performance assessment indicators in different areas and the factors influencing it are different from one organisation to another. In the current research, based on theoretical and quantitative research, we tried to present a conceptual model for explaining different dimensions of each of the variables of research. The present study is an applied research in nature and were conducted with the aim of explanation in two stages. First, after reviewing the subject literature, the basic model was designed and then the initial conceptual model was completed using the Delphi method and confirmed by experts. Eventually, the final model was analysed by data analysis and structural equation modelling and SmartPLS software. The results of the research show that customer-based brand equity directly affects market performance. It also indirectly affects market performance through customer relationship equity. Also, among the constructs that constitute brand equity and customer relationship equity, all dimensions, except brand differentiation and brand awareness, affect the constructs constituting customer relationship equity.
Keywords: customer-based brand equity; customer relationship equity; brand performance; Delphi method; Banking Services; Brand identity.
Sources entrusted by the economically poor: Evidences from India, the largest poor consumer base in the world
by Arvind Kumar
Abstract: With a market value of US$570.1 billion, fast moving consumer goods (FMCGs) industry is propounded to be the worlds fourth largest industry and a very significant part of its rank comes from the consumptions made by poor. Poor, by necessity, spend a substantial part of their income on FMCGs and their population is a better half of the worlds population. It evokes poor as a significant market for the FMCGs but still the purchase behaviour of poor for FMCGs still stands at a very nascent stage, especially in developing countries context. Present research bridges the gap on one of the largely untouched but a very important aspect of consumer behaviour of poor. Specifically, it evaluates sources of product information entrusted by poor for their FMCGs purchases in the context of India, a developing country domiciling the worlds largest part of poor inhabitants. It interviews three hundred sixty poor (below poverty line) families of Delhi, India through multi stage cluster sampling and reveals that poor in Delhi, India entrusts TV and their families as the main marketer dominated and non marketer dominated sources for their FMCG purchases respectively.
Keywords: FMCG; economically poor; marketer dominated sources of product information; non marketer dominated sources of product information.
A Comparative Analysis of the Performance of Islamic and Conventional Banks: Does Corporate Governance Matter?
by Ejaz Aslam, Razali Haron, Salman Ahmad
Abstract: The purpose of this study is to investigate the impact of corporate governance (CG) internal structure on the performance of Islamic and conventional banking system in Pakistan. To account for the problem of heteroscedasticity, this study used GLS estimation technique by using a sample of five fully fledged Islamic and 15 conventional banks for the period from 2006 to 2015. The study finds that board size and its composition largely contribute to the Islamic and conventional banking performance. However, board committees have an insignificant relationship with the performance of conventional and Islamic banks that demands further investigation into the structure and powers of the board committees. In short, this study provides evidence that corporate governance does matter for the performance of Islamic and conventional banking. The current findings are useful for the policymakers and regulators to improve the existing governance structure for achieving better performance in the financial sector.
Keywords: Corporate Governance; Islamic and Conventional Banks; Operational Performance; Financial Performance; Stock Performance; GLS.
What makes students choose a career? An exploratory study among students of management education
by Mahesh Prabhu H, Sriram K. V
Abstract: Students in India have a fascination for management education, which is indicated by the exponential increase in the number of B Schools in the recent years. A study of reasons for students preferring management as a career choice will help us in understanding their decision-making process. An exploratory study was conducted to identify and rank the factors individuals consider before making a career decision. The important factors that emerged during the study were individuals family background, financial position, decision-making autonomy and many more. These factors were ranked based on their relative importance for individuals who were pursuing a full-time post-graduate program in management education at a reputed university in India. A group discussion was conducted amongst the students to record their views on the various factors and the type of relationship between the factors that influence their career choice. The factors identified were ranked by using interpretive structural equation modelling (ISM). Among the various factors identified, the quality of life associated with a career was ranked as the most important factor in making a career choice and thus making it the most significant variable in the system.
Keywords: Career choice; Students; Delphi technique; Interpretive Structural Equation Modeling (ISM); Quality of life; Management education.
SEM approach to determine factors affecting e-government success in Jordan
by Abbas Al-Refaie, Abeer Mahmoud Ramadna
Abstract: This research aims at identifying the effects regulation, website quality, relationship, employees skill, and worth on the success of e-government in Jordan from the perspectives users and employees using structural equation modelling (SEM). Initially, a structural model is proposed. A total of 1100 surveys were distributed to employees and government services users. The multicollinearity and consistency in the item measures were checked. Then, the validity of the measurement and structural models is assessed. The results revealed the important factors that affect e-government success. Further, the structural model is evaluated in four major organisations that provide e-government services from both user and employee perspectives. Results showed variations in e-government success among organisations and the level of e-government success still lags behind meeting users and employee expectations in most organisations. In conclusions, Jordanian organisations should deliver high-quality demand driven services, ensure public sector transparency and accountability, reduce indirect cost of obtaining services, increase ease of interacting with government, promote development of Jordans ICT sector, develop skills within the public sector, boost e-commerce activities, improve information security and end user privacy, and mitigate the risk through a coordinated approach involving technology tools, policy guidance, and training.
Keywords: E-government; SEM; Regulation; Website quality; Relationship;Worth.
Generating and Quantifying Consumer Preferences using Kansei and Fuzzy Analytical Hierarchical Process
by Elia Oey, Bennet Rheza Paleva, Jimmy Weijaya, Billy Bongara
Abstract: Understanding what consumers want is essential for firms to remain competitive. With more fragmented market, product development nowadays searches more to consumer feeling instead of product functionality. The research is a case study in a medium size apparel manufacturer for their male premium t-shirt. The study covered identification and hierarchisation of consumer preferences using Kansei engineering technique, and quantification of the weight of each Kansei words using fuzzy analytical hierarchical process method. The study identified 19 cleansed Kansei words hierarchised under five groups. The result showed
Keywords: Kansei; Fuzzy Analytical Hierarchical Process; Consumer Preferences.
Lean Strategies for Scheduled Maintenance Operations
by W.E.I. LU, Malini Natarajarathinam, Aparajit Koshal, Chris Chandler
Abstract: As the E-6B airframe ages, it is becoming increasingly difficult to maintain the minimum requirements for fleet ready for tasking (RFT) aircraft assets. The research conducted in this project has the primary focus of finding solutions to this problem that will ultimately increase the number of RFT aircraft in the E-6B community. The E-6B operates in support of United States Strategic Command, providing a survivable airborne nuclear communication platform in support of nuclear deterrence. This paper evaluates lean strategies in relation to the scheduled maintenance program of the E-6B and details the results of a manpower study and potential manpower solution utilising lean principles with relation to manpower.
Keywords: Lean scheduled maintenance; phase inspection; manpower management; manpower utilization; ready for tasking; process improvement; human capital; Lean production; creating value.
The Relationship between Organisational Ambidexterity and Organisational Performance: The Mediating Role of Innovation
by Rateb Sweis, Israa Alamayreh, Bader Yousef Obeidat
Abstract: The impetus of this study is to examine the mediating role of innovation on the relationship between organisational ambidexterity and organisational performance in Jordanian pharmaceutical organisations. The data was collected using questionnaires that were distributed to the managerial levels employees of 14 Jordanian pharmaceutical organisations. The findings reveal that organisational ambidexterity is significantly related to innovation and organisational performance. As well as, there is a significant effect of innovation on organisational performance. Furthermore, the findings confirm that innovation mediate the relationship between organisational ambidexterity and organisational performance. This study is limited in terms of small sample size and solo industry. One clear implication is the need for managers to become more conscious of the necessity to allocate resources between ambidexterity capabilities. They also need to employ their organisations ambidexterity capabilities in favour of innovativeness with the purpose to enhance the organisational performance. This is the first study examining the role of innovation on the relationship between organisational ambidexterity and organisational.
Keywords: Organisational ambidexterity; Innovation; Organisational performance; Jordanian pharmaceutical organisations.
The Relationship between Employee Self-Concept, Brand Identity, Brand Pride and Brand Citizenship Behavior and Customer Satisfaction
by Ali Rezaei, Sara Jahan Abadi, Zahra Mahdavipour, Fateme Nazari
Abstract: The aim of this study is to examine the relationship between employee self-concept, brand identity, brand pride and brand citizenship behaviour and customer satisfaction. This study uses data from the service employees and customers in the hotel industry in Isfahan in 2016. The 357 customer-employee pairs filled out a questionnaire. A structural equation modelling technique using SPSS and AMOS software was used to analyse data of the questionnaire. The results of this study show consistency of brand and actual self and ideal self of employees had a positive and significant effect on brand identification and brand pride. Moreover, brand identification had a positive and significant effect on brand pride. Brand identification and brand pride had a positive and significant effect on brand citizenship behaviour which led to customer satisfaction.
Keywords: employee self-concept; brand identity; brand pride; brand citizenship behavior; customer satisfaction.
Intellectual Property Rights Practices and Its Influence on Firms Performance: An Empirical Study across Indian Software Product Firms
by Sumukh Hungund
Abstract: Studies on innovation have drawn the attention of the researchers. This paper discusses intellectual property rights as an innovation approach adopted by software product firms and its influence on the performance of these firms. The objective of the paper is to examine the influence of intellectual property rights practices on firm performance. The methodology comprises two steps. First, all the variables relevant to practices of open innovation with respect to IPR are identified. Subsequently, primary data is gathered from decision makers of 213 SMEs. IBM SPSS is the statistical tool employed and robust statistical technique such as ordinal logistic regression analysis is performed to test the hypothesis. The result shows that purchasing of intellectual property rights influences firm performance with respect to overall performance and more product development.
Keywords: Intellectual Property Rights; Innovation Practices; Licensing; Purchase; Sell-out; SME; and Firm Performance.
Political Connections and Cash Holdings in Financially Constrained Firms: Evidence from Top 500 Firms in Malaysia
by Norazlin Ahmad, Irene Wei Kiong Ting, Noor Azlinna Azizan, Qian Long Kweh
Abstract: This study examined the association between political connections and corporate cash holdings, with a focus on financially-constrained firms. Using a unique dataset of the top 500 publicly listed firms in Malaysia as determined by market capitalisation for the years 20012004, this study measured political connections based on informal ties and government supports. The empirical results of this study show that firms with financial constraints have a lower level of cash holdings, while politically connected firms hold more cash. However, politically connected firms with financial constraints hold more cash. Taken together, this study shows that financially constrained firms are relatively conservative in their cash holdings when they are politically connected even though they are generally perceived as risky by investors, consistent with precautionary motives. The outcome of this study should prove useful in assessing the potential economic consequences to the business environment of politically connected firms, especially in shaping corporate policy.
Keywords: cash holdings; political connections; financial constraint; publicly listed firms.
Factors propelling use of Islamic Banking Services: The moderating role of Customer Intimacy
by Majeed Mansour
Abstract: This study investigates factors propelling use of Islamic banking products and services. The present study develops an amalgamated model with the help of cognitive and emotional factors to investigate customer satisfaction and loyalty towards use of Islamic banking services. Data was collected from Islamic banking customers and empirically tested using structural equation modelling (SEM). Findings reveal that customer satisfaction was jointly predicted by awareness, reputation, compatibility, complexity, trust and commitment and explained R2 78.7% variance in Islamic banking customer satisfaction. On the flipside customer loyalty was predicted by customer satisfaction and customer intimacy and depicted R2 20.6% variance in customer loyalty. Extending to this, the present study confirmed the moderating role of customer intimacy wherein positive relationship between customer satisfaction and customer loyalty will be stronger when customer intimacy is higher. Finally, research limitations and future research direction are discussed.
Keywords: Customer Intimacy; Awareness; Reputation; Trust; Commitment; Compatibility; Complexity; Customer Satisfaction; Customer Loyalty; Structural Equation Modeling.
Role of Sacrifice and Service Quality in the Indian Restaurant Industry
by Prabhat Kumar Singh Kushwah, Pankaj Singh
Abstract: The present study attempts to investigate the role of sacrifice and service quality in Indian restaurants. Responses were collected from 420 respondents using a convenience sampling approach and analysed with the help of confirmatory factor analysis and structural equation modelling. The data were collected using convenience study which was intended to point out the influence of service quality, sacrifice, service value, customer satisfaction, and behavioural intentions of 420 respondents of the metropolitan cities of India. Data analysis tools used in this research were EFA, CFA, and SEM the results disclosed that the service quality influenced sacrifice, service value, customer satisfaction, and behavioural intentions. for future study the research can focus on to identify antecedents of the sacrifice, service value and satisfaction relationship was not included in the model of the study in future research researchers can include this relationship in their model and sacrifice was not used as a mediator among service quality and service value in future research researchers can find out a mediating role of sacrifice.
Keywords: service quality; service value; customer satisfaction; sacrifice and behavioural intentions.
Perspectives of Performance Management with holistic views: Revisiting Baldrige Excellence Framework.
by Mohan Karambelkar, Shubhasheesh Bhattacharya
Abstract: The purpose of this paper is to develop holistic views of organisation-wide performance management (OWPM) using the Baldrige Excellence Framework (BEF). The research papers, selected from Scopus database based on a holistic approach and BEF criteria, are reviewed and presented in a narrative format. The narratives are organised in five perspectives organisation-wide processes, organisation-wide information, organisation-wide training, overall stakeholders, and hierarchical relationship. Practitioners can utilise these views and holistic approach for a deeper understanding of BEF for successful implementation. Researchers can explore different options or paths to explain or predict the high performance that leads to business excellence. Practitioners and researchers can utilise kaleidoscope thinking to discover innovative prospects for performance management.
Keywords: Baldrige Excellence Framework; Organization-wide Performance management; holistic approach; business excellence.
Organizational performance and growth in start-up enterprises: Analysis of leadership patterns and functional perceptions
by Ananya Rajagopal, Fernando Moya
Abstract: This study aims at analysing perceptions of entrepreneurial leaders to determine leadership patterns in start-up enterprises (SUEs). Perceptions of entrepreneurial leaders in reference to employee openness, administrative controls, innovations, and spatial expansions of SUEs have been critically examined in the study. This study has been conducted using qualitative research method, by applying in-depth interviews to the entrepreneurial leaders. In-depth interviews from entrepreneurial leaders of 32 start-up enterprises have been conducted within metropolitan area of Mexico City, which accounts for 10.25% of the top ranked start-ups, selected using convenience sampling method. Research instrument has been developed based on two focus group discussions. This study reveals that leadership in SUEs is centralised, which offers low flexibility and employee openness while exercising high administrative controls. However, in some SUEs, leadership is transforming by delegating autonomy to teams for specific functions. Innovations in SUEs are partially driven by employees and entrepreneurial leaders.
Keywords: Leadership; employee openness; administrative control; organizational growth; start-up enterprises.
META-RELQUAL in Business Relationships: A Sales Perspective
by Nils M. Høgevold, Göran Svensson, Pierre Mostert, Mariëtte Zietsman
Abstract: The objective is to use insights gained from studies that have tested and retested META-RELQUAL based on a buyer business relationships to establish whether META-RELQUAL is valid and reliable within a business sales' context. A survey based on a cross-industrial sample of salespeople in Norwegian companies yielded a valid response rate of 40.7%. The results from this study indicate that META-RELQUAL is also valid under Norwegian salespeople within business relationships. The construct of META-RELQUAL tested in this study enables the corporate verification of both the buyer and sales perspectives in ongoing business relationships. Suggestions for further research are provided. This study contributes by successfully testing META-RELQUAL within a sales context as opposed to multiple previous studies focusing on a buyer perspective.
Keywords: Relationship marketing; relationship quality; META-RELQUAL; social exchange theory (SET); transaction cost analysis (TCA); business relationships; sales perspective.
The Impact of Digital Transformation Strategy on Customers Satisfaction in the Palestinian Telecom Industry
by Raed Iriqat, Ahmad Jaradat
Abstract: This paper aims to identify the impact of digital transformation strategy on customer satisfaction in the Palestinian telecom industry. One of the major roles of digital transformation strategies is to enlighten business ventures on finding new ways to sell and promote products, which will eventually lead to better meeting customers' needs and expectations. The findings show that there is a significant impact of digital transformation strategy on Customers' Satisfaction in Palestinian telecom industry. In addition, it found that perception of digital transformation strategy dimensions are significantly correlated to customers' satisfaction in Palestinian telecom industry. Study recommended telecommunications companies in Palestine to modify their business models and adopt new models that focus on customers and new digital products, also they were advised to adopt new technologies that can expand their business such as adopting internet of things (IoT) technologies and to engage customers in the process of product development.
Keywords: Digital Transformation Strategy; Customers Satisfaction; Telecom Industry.
SSTQUAL Model: Assessment of ATM Service Quality in an Emerging Economy
by Mohd Adil, Mohd Nasir, Mohd Sadiq, Kumkum Bharti
Abstract: This study aims to identify the key dimensions of automated teller machine (ATM) service quality and attempts to analyse the dynamic relationships among service quality, e-satisfaction and e-loyalty in Indian bank industry. Items were drawn from well-known SSTQUAL model, with cultural adjustment and industry specific modifications. A structured questionnaire in English language was used to collect the data from 360 ATM users. Research findings show that security/privacy and enjoyments have emerged as key dimensions that concern ATM users in India. The relative importance of the SSTQUAL dimensions identified in this study provides bank managers with a handbook as to which issues are critical in order of importance. Because of the limited sample size, the research results may lack generalisability. More replicative works are needed to enhance the generalisability.
Keywords: SSTQUAL; ATM; service quality; banking; India.
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.
STRATEGY TOOLS AND ENTERPRISE PERFORMANCE: THE MEDIATING ROLE OF COMPETITIVE ADVANTAGE
by Albana Berisha Qehaja, Enver Kutllovci
Abstract: The conceptual framework of this study is based on the resource-based theory and model which is deemed as one of the widely accepted theories of strategic management, and one that has stimulated new research in order to validate and support its tenets. This paper is the first study to investigate the mediating role of competitive advantage in the relationship between strategic management tools and techniques and enterprise performance. Consequently, a conceptual framework has been proposed and tested empirically in a sample of 314 enterprises in the Republic of Kosova as a transitional economy. Results indicate that competitive advantage does play a mediating role between strategic management tools and techniques and enterprise performance. Accordingly, this study contributes to the field of strategic management because it establishes relationships among the use of strategic management tools and techniques, competitive advantage and enterprise performance, by stressing the mediating role of competitive advantage in the resource/capability and enterprise performance relation.
Keywords: Resource-based view; strategic management tools and techniques; competitive advantage; enterprise performance; mediation; transition economy.
Process enhancement in a wet grinder manufacturing company through Lean implementation framework
by V. Raja Sreedharan, Sivananda Devi K
Abstract: During the past two decades, lean production (LP) has been finding wide adoption for improving the processes. Despite its widespread adoption, LP is yet to find application in household appliances manufacturing industry. In order to overcome this deficiency partially, the research reported in this paper was carried out. This research was carried out in two phases. In the first phase, a model called conceptualisation lean implementation (CLIM) phase, inculcating, monitoring and controlling, manufacturing system transformation was designed to implement LP in wet grinder manufacturing industry. During the second phase, an investigation was conducted to examine the effect of implementing LP through CLIM model in wet grinder manufacturing industry. The outcome of this research indicated that CLIM model acts as a vehicle to successfully implement LP in wet grinder manufacturing industry. After reporting these activities, this paper is concluded with suggestions to conduct many more such investigations on implementing CLIM.
Keywords: Value Stream Mapping; Lean Production; 5S; Takt time; Current state map; Cycle time; Productivity.
The impact of ownership concentration on firm sustainability: Evidence from Malaysian top 200 public listed firms.
by Norazlin Ahmad, Irene Wei Kiong Ting, Mohd. Ridzuan Darun
Abstract: Larger companies cannot escape from facing financial distress, which eventually leads to insolvency and unsustainability. In this regard, this study examined the relationship between ownership concentration and firm sustainability of top 200 Malaysian public listed companies for the period between the years 2009 and 2015. The two-stage least squares regression results of this study showed that ownership concentration was significantly and negatively related to firm sustainability. This finding remained the same when different proxies of ownership concentration and firm sustainability were used. Generally, this finding indicated that excessive concentrated ownership may lead to decisions that did not satisfy all key shareholders, and may reduce the level of firm sustainability.
Keywords: Ownership concentration; Firm sustainability; Malaysian public listed firms; Agency theory.
Study on Sales Promotion for Female Customers on Select Durable Goods with Special Reference to Erode District, Tamilnadu State, India
by Karthikeyan Parthasarathy, Renuka Devi, VETRIVEL T
Abstract: In this competitive world, female customers' buying behaviour decides the success of durable goods. The aim of this study is to investigate the impacts of various promotions of sales tools used on female customers buying behaviour towards selected durable goods. 750 set of the questionnaire were used for this analysis. Random sampling technique was adopted towards selecting the respondents. The reliability was measured through the Cronbach's alpha and these results reveal that it indirectly represents the most reliable part of the questionnaire. Pearson correlation and multiple regression analysis have been used to analyse the relation between the independent and dependent variables. Multiple regression analysis reveals that, the major sales promotion tools namely advertisement, free offer and price reduction, exchange offer and extended warranty period have a significant impact on customer's buying behaviour. The results of this study would help manufacturers and marketers to choose the types of promotion tool that significantly influence on the buying behaviour of female customers.
Keywords: Female; Buying behaviour; Free offer; Price discount; Promotion; Regression.
Exploring the nexus between Job Design and Work Engagement: Mediating role of Meaning in Work
by Parul Malik, Pooja Garg, Ki-Soon Han
Abstract: The present study examines the nexus between job design and work engagement and test the mediating effect of meaning in work on the relationship between job design and work engagement. Data were collected using a survey method and comprised of 300 employees working in manufacturing firms based in India. The results revealed that when employees are offered well-designed jobs, they are more likely to experience meaning in work, which has as a spill over effect on the positive behavioural pattern of employees in terms of work engagement. The study results revealed that an effective job design can be a resounding aspect of the organisations, where employees experience meaning in work and work engagement.
Keywords: Job Design; Meaning in Work; Work Engagement.
The Mismatch between Labor Market Needs and Education: The example of Jordan
by Mohammad Alawamleh, Loiy Bani Ismail, Kamal Alawamleh, Saro Giacaman
Abstract: This paper seeks to explore the relationship between education and labour market needs in Jordan, in addition to how this relationship is affecting the unemployment rate. This study uses a regression on data collected from the Jordanian Department of Statistics and analyses the data through the SPSS Program. The result shows the relationship between university graduates' unemployment and Jordanian universities booming enrolment, yearly growth rate of GDP is also counted as a factor. This paper demonstrates how the aforementioned gap affects the unemployment rate for bachelor degree holders, in addition to the national unemployment rate. Moreover, the research recommends some solutions and methods that the government and universities should implement, in order to reduce the rate of unemployment so as to close the gap between education and labour market needs.
Keywords: Unemployment; Education; Universities; Graduates;Labor Market; Majors; Industries; Economy; Saturated major.
Investigating Employee creative performance with integration of DeLone and McLean Information system success model and Technology acceptance model: The moderating role of Creative self-efficacy
by Mohammad Ali Yamin, Mohammad Swaiess
Abstract: Internet usage has rapidly become an indispensable adjunct in organisations operations and has improved individuals' daily life. Therefore, the present study develops an integrated model with combination of DeLone and McLean IS model, creative self-efficacy and technology acceptance model in order to investigate employees' actual usage of internet in organisations and its impact on employees' creative performance. This study extends the body of knowledge in this subject and examined the moderating effect of creative self-efficacy between actual use of internet and employee creative performance. For data analysis structural equation modelling (SEM) approach was used. Results indicate that DeLone and McLean and technology acceptance model constructs jointly explained R2 72.0% variance in actual use of internet. Moreover, findings confirmed that creative self-efficacy moderate the relationship between actual use of internet and employee creative performance. The importance level of the constructs was assessed with (f2) effect size and IPMA analysis.
Keywords: DeLone & McLean IS model; Technology Acceptance Model; Creative Self-efficacy; Employee creative performance; Moderating analysis; Structural equation modeling.
A four-stage framework for disruptive innovation
by Chakunnath Madhusudan, Ramasamy Panneerselvam
Abstract: The theory of disruptive innovation propounded by Clayton Christensen has been successful in explaining why some seemingly well managed companies fail under the onslaught of some new entrants. Keeping close to Christensen's definition of disruptive innovation, which is termed as 'Christensen disruption' here to highlight its uniqueness, a simple four-stage disruption framework is proposed for the evolution of incumbents and entrants in this special form of disruption. The proposed four-stage disruption framework offers a new and simple insight into understanding the process of Christensen disruption. Applying the framework to the evolution of the Indian domestic low cost carrier (LCC) aviation industry over a 15 year period, it is found that Christensens theory of disruptive innovation provides a coherent explanation for not only the disruption of the Indian incumbent airlines but also the subsequent evolution of the surviving LCCs.
Keywords: Disruptive Innovation; Christensen Disruption; 4-Stage Disruption Framework; Disruption Matrix; Low Cost Carriers.
Gender-based behavioral segmenting of the cellphone youth market
by Matti Haverila, Kai Haverila, Caitlin McLaughlin
Abstract: The purpose of this study is to investigate the existence of behavioural segments (clusters) among youth regarding the cellphone communication market in Finland. Specific cellphone behaviours are used as a cluster variate. The cellphone behaviours used are: 'necessity of modern times', 'cost efficiency', 'safety/security', 'dependency', 'negatives' and 'functionality', per Aoki and Downes's (2003) research on cellphone use. Separate behavioural clusters were devised for both males and females on the basis of the behaviours. Four unique behavioural clusters among the male respondents ('middle of the road', 'feature freaks', 'all important', and 'minimalists') and three unique behavioural clusters among the female respondents ('dependents', 'advanced users', and 'cost matters') were detected. Each cluster had a unique group of benefits sought, with no overlapping clusters between genders. After these clusters were identified they were then profiled using age, gender and the behavioural variables as profilers. This research serves to help market researchers and cellphone producers alike better understand how and why cellphones are used in the youth marketplace.
Keywords: Behavioral clusters; cell phone product-market; youth; gender differences.
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.
Does customer satisfaction exist in purchasing and usage of Electronic Home Appliances in Bangladesh through interaction effects of Social Media?
by Md Uzir Hossain Uzir, Abu Bakar Abdul Hamid, AHMAD SHAHARUDIN ABDUL LATIFF
Abstract: The objective of the study was to investigate the impact of product quality, quality of service and perceived value on customer satisfaction with the intensity of social media effect. The study was conducted based on quantitative research methodology for which a structured questionnaire was developed to collect data from 323 households in Bangladesh. A judgmental sampling technique was adopted for data collection by using the social media. Collected data was analysed using SEM-AMOS and SPSS. The result revealed that product quality, quality of service and perceived value have positive and significant effects on customer satisfaction with usage level of social media. The outcomes of this study will help managers promote their brands through social media to build a strong customer base. This study also contributes to the body of knowledge by providing some evidence of relationships among product quality, quality of service, perceived value and customer satisfaction.
Keywords: Customer Satisfaction; Product Quality; Service quality; Perceived Value; Social Media; SEM; Electronic Home Appliance.
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.
Literacy is power and transforms lives: Channelling the relationship between financial literacy and satisfaction
by Navaneethakrishnan Kengatharan, Kengatharan Lingesiya, Muthucumaraswamy Thileepan
Abstract: Anchored in the behavioural life-cycle model, the life-cycle consumption model and the utility theory, we propose a new model that examines the channel through which financial literacy impacts on financial satisfaction. The data were gleaned with a self-administrated questionnaire from individual investors in Sri Lanka. The results disclose that financial planning mediates the relationship between financial literacy and financial satisfaction and further, reveal that the moderating role of gender on the relationship between financial planning and financial satisfaction. Our study contributes to the frontiers of the extant literature and proffers many useful practical implications and thus, from a policy perspective our findings are crucial.
Keywords: financial literacy; financial planning; financial satisfaction; utility theory.
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.
Factors affecting profitability of Indian listed firms: a panel data approach
by Eissa A. Al-Homaidi, Waleed M. Alahdal, Amgad Saeed, Najib H. S. Farhan, Moatasem M. Qaid
Abstract: The aim of this study is to empirically investigate the factors that affect the profitability of 1308 listed firms operating in India for the period from 2011 to 2018. The research uses (pooled, fixed and random effect) models. Profitability is the dependent variable measured by return on equity (ROE) and earning per share (EPS). Liquidity (CR), leverage (LEV), company efficiency (CEFF), firm size (FSIZE), and working capital (WC) were considered as independent variables. The results of the study show that leverage, company efficiency, and firm size have a strong relationship with profitability measured by ROE. The results also revealed that company efficiency and firm size have a positive association with firms profitability measured by ROE and EPS.
Keywords: profitability; liquidity; leverage; efficiency; working capital; panel data; India.
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 Namitha K. Cheriyan, Daniel Hyunchae Park, 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
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.
Board diversity and corporate performance: the Jordanian Industrial Corporations case
by Asem Tahtamouni, Alaa Abu Mallouh, Tawfiq Taleb Tawfiq
Abstract: This paper aims to explore the relationship between board diversity and corporate performance in Jordanian Industrial Corporations during the year (2014). This will be explored through examining the impact of the board diversity in terms of (independence, educational level, and age) on the corporate financial performance in the latter companies. The paper also aims to identify the impact of board size, and corporate size on the corporate financial performance in the latter companies. The study's sample consists of 49 Jordanian Industrial Corporations listed on Amman Stock Exchange. The paper will analyse the annual financial reports of the selected companies. It will also conduct the multiple regression analysis in order to explore the relationship between the study's variables. It was found that there is a statistically significant relationship between the board diversity in terms of (independence and age) and the corporate financial performance in Jordanian Industrial Corporations.
Keywords: board; corporate performance; industrial corporations; Amman Stock Exchange; Jordan.
Discovering consumer preference and their satisfaction level towards branded and unbranded paints
by Shivam Gupta, Charu Bisaria, Suneel Gupta
Abstract: Consumer preference is the study which involves in depth analysis of the attitude of buyers related with buying. The paint industry of India is bifurcated as the organised and unorganised sector. The units which are large and medium-sized form the organised sector while the small scale units come under the unorganised sector. By and by, development of the paint industry of India can be seen from the increase in requirements of the paints, particularly in urban communities. Paint gives the platform that makes the human life colourful and adds beauty to live a life with peace and tranquillity. This exploration has been directed on 50 respondents of Gomti Nagar in Lucknow City. Questionnaire survey technique has been utilised to lead the exploration. The questionnaire was shaped with the close-ended questions. The principle goal of this paper is to discover the consumer's preference and their satisfaction level while acquiring branded and unbranded paints and to explore the factors that help customers to select paints.
Keywords: consumer preference; organised and unorganised sectors; Indian paint industry.
A systematic literature review of Lean Six Sigma in financial services: key finding and analysis
by V. Raja Sreedharan, Murugan Pattusamy, Smriti Mohan, D. Jinil Persis
Abstract: The paper intends to analyse the impact of LSS in financial services through systematic literature review and identify current research gaps. It focuses more on exploring the different concepts in the area of financial services by performing a systematic literature review along with data visualisation techniques. The literature review of articles that are published in peer-reviewed scholarly journals from 1993 to 2017 was collected for performing the content analysis. Based, on the descriptive analysis performed on the collected materials, many results about the articles trend in the selected areas were found. Further, the content analysis revealed many research inferences like the role of e-banking, success factors, barriers in the context of LSS. Further, proposed work for future researchers in this field. The paper presents a systematic and unique application to detect the various opportunities for LSS in the financial domain.
Keywords: Lean Six Sigma; LSS; financial institutions; financial services.
Relationship between forgiveness at work and life satisfaction: Indian manufacturing organisations
by Rinki Dahiya, Santosh Rangnekar
Abstract: Researchers have strived to comprehend the essentials of a happy and satisfied life - a fundamental question - for decades, which has gained popularity in organisations, academics and policy circles in contemporary times, when occupational discord is inevitable. The purpose of the present study is to investigate the relationship between forgiveness at work (self, others and situations) and life satisfaction, and also to examine the moderating role of age in the relationship between forgiveness at work and life satisfaction. Data were collected from 352 employees working in Indian manufacturing organisations and analysed using hierarchical multiple regression. The results show that indicators of forgiveness significantly influence life satisfaction. Moreover, it was found that age moderates the relationship between forgiveness (self and others) and life satisfaction in such a way that it becomes stronger for older employees than younger employees. Based on the findings, the present study posits that HR professionals and practitioners should develop and implement psychological interventions and practices aimed at fostering forgiveness and cultivating life satisfaction among employees.
Keywords: age; forgiveness; life satisfaction; employees; India; manufacturing organisations.
Online shopping experience in India: an examination of consumers world
by Maani Dutt, Anurupa B. Singh, Ambrish Joshi
Abstract: In a gradually increasing competitive atmosphere, more examination is required by companies to understand determinants of the success of their online shopping in terms of website effectiveness, brand experience and their influence on building trust in the context of online footwear retailing. This paper analyses the relationship between e-service quality and effects of brand experience, role of website effectiveness, and their effect on trust. Online survey using a convenience sample capturing the above constructs was verified for validity and reliability prior to distribution. SEM multigroup analysis is done to test the hypothesized relations and the role of trust as a moderating variable. Most of the data being collected from Delhi/NCR, India. This study may help retailers in focussing on the areas to create trust towards the brand and online platform. The model would also help prevailing online retailers to tune their business conferring to the findings of research. Our model considers the role of brand experience together with online platform for the effective role of trust.
Keywords: e-commerce; electronic commerce; online shopping; trust; website; brand experience; e-service quality; India.
Investigating the relationship between age and smart phone usage patterns: evidences from Indian smart phone users
by A.M. Sakkthivel, V. Moovendhan, Githa S. Heggde
Abstract: This study intended to develop new categories of smart phone usage patterns in to three types such as professional, social and personal centric usage and tested the same among different age groups, i.e., young, middle, old, etc. with reference to finding the intentions of usage patterns among the selected age groups. The survey had been conducted among 150 Indian smart phone users belong to different age groups and the results revealed: 1) all age groups intended to use smart phones for personal usage; 2) young age group users intended to use smart phones for professional usage; 3) whereas middle age group and old age group users intended to use smart phones for social and personal usage, respectively. The implications of the outcomes were discussed.
Keywords: smart phones; usage pattern; personal; social; professional; young; middle; old; age groups; structural equation modelling; growing smart phone market.
Emerging perspectives on business model typologies
by Dinesh B. Panchal, Bala Krishnamoorthy
Abstract: This study evaluates the available business model typologies with reference to the characteristics of a good classification scheme. The evaluation was done in two stages. In the first stage, business model typologies were checked for the availability of dimensions for classification and generalisability of dimensions to different industry sectors. Four business model typologies were shortlisted at the end of the first stage. Subsequently, the shortlisted typologies were evaluated using analytical hierarchy process (AHP) and technique for order of preference by similarity to ideal solution (TOPSIS). The second stage evaluation indicated the highest preference for typology with dimensions - customer sensing, customer engagement, monetisation and value chain and linkages. Most of the business model typologies have limited validation and are inconsistent with one another. This study attempts to resolve this issue and identifies the typology which is theoretically complete and more useful in practice.
Keywords: business model; business model elements; BMEs; analytical hierarchy process; AHP; TOPSIS; business model typology; BMT.
Impact of healthcare access and socio-economic conditions on prevalence of metabolic syndrome: evidence from 2015 BRFSS
by Praphul Joshi, Kaushik Ghosh, Vivek S. Natarajan, Purnendu Mandal
Abstract: Metabolic syndrome (MetS) is a major public health challenge in the USA and elsewhere. MetS generates high costs to national healthcare system, as well as causing deteriorating health condition in individuals. Studies indicate that MetS may be influenced by demography, race, income, education level and access to healthcare system. Using 2015 national survey data - Behavioural Risk Factor Surveillance System (BRFSS) - this article analyses the prevalence of MetS across ethnic and socio-economic sections of population. The analysis supports the prevailing knowledge that MetS is influenced by access to healthcare, race, income and education level of population. An interesting finding of this work is that those who reported not having any kind of health coverage had a significantly lower prevalence of MetS compared to those who reported having health coverage.
Keywords: national healthcare system; public health challenge; BRFSS; health coverage; national survey; metabolic syndrome; MetS.
Barriers to Six Sigma implementation in Chinese small and medium steel enterprises
by Ghaith M. Al-Abdallah, Chew V. Lic
Abstract: Six Sigma initiative has been in place for many years now and proven to be an effective methodology that serves to help enterprises achieve bottom-line improvements. Many large enterprises implement Six Sigma successfully and achieve cost saving of millions USD per year, however, it is a rare case that small and medium size enterprise employ Six Sigma methodology. This paper aims to identify the barriers to Six Sigma implementation in Chinese small and medium manufacturing enterprises in the steel industry. Interpretive paradigm was applied utilising qualitative research design, in which interviews were carried out on a convenience sample of small and medium steel enterprises in China. The results show that the there are five main barriers to Six Sigma implementation for Chinese small and medium steel enterprise arranged in ascending order: conflict between Six Sigma culture and enterprise culture, the perception of Six Sigma is inefficient, lack of resources to implement Six Sigma, difficult to train or obtain enterprise-wide Six Sigma knowledge, high enterprise quality management system foundations requirements. The discussion, managerial implications and further research recommendations are provided based on the results of the study.
Keywords: Six Sigma; small and medium enterprises; SMEs; steel industry; China.
Modelling the barriers to implement SSCM in Indian plastic manufacturing sector
by Chitranshu Khandelwal, Mukesh Kumar Barua
Abstract: The plastic manufacturing sector is facing extreme pressure to become sustainable in the wake of growing consciousness towards the harmful effects of its supply chain operations on nature and society. However, the adoption of sustainability in the plastic supply chain is an arduous task because of the presence of several impediments. This paper provides a roadmap to Indian plastic manufacturing organisations for smooth adoption of sustainable supply chain practices by identifying 12 prominent barriers. These barriers were selected through literature review and views of specialists known to be working in the field for the past ten years. The mutual impacts between the barriers were found out using ISM-MICMAC method. The study reveals that lack of support and commitment from top management and lack of government interventions addressing sustainable practices are the most dominant barriers. The findings will assist the decision makers in making their firms sustainable by curbing the significant barriers.
Keywords: sustainable supply chain management; SSCM; barriers; plastic manufacturing; ISM; MICMAC; India.
Macro and socio-economic determinants of firms' financial performance: empirical evidence from Indian states
by Faozi A. Almaqtari, Najib H.S. Farhan, Ali T. Yahya, Eissa A. Al-Homaidi
Abstract: This study aims to investigate the impact of macro and socio-economic determinants on firms' financial performance using data of 1,770 firms from 19 Indian states over a period from 2008 to 2015. Firms' performance is considered as the dependent variable and is measured by profit after tax, return on asset and returns on net worth. Macroeconomic determinants include net state value added, capital invested, capital expenditures, per capita income, number of factories and working capital of the selected states. Further, socio-economic determinants contain state's population, level of education, rate of violence, number of workers, per capita power and highways length. The findings reveal that macroeconomic determinants namely; per capita income, capital invested, and number of factories and socio-economic determinants particularly; population, education rate and rate of violence in a state have the major significant impact on firms' performance. However, the other variables are related to some proxies of firms' performance.
Keywords: macroeconomic determinants; socio-economic determinants; financial performance; Indian states.
Performance excellence through spirituality, emotional labour and customer orientation in insurance industry
by Majid Mohammad Shafiee, Reihaneh Alsadat Tabaeeian, Mastoureh Mehri
Abstract: The purpose of the present study is to investigate the effect of spirituality and emotional labour of insurance agents and sellers on their customer orientation and performance excellence. In this research, spirituality and performance are uni-dimensional, while emotional labour and customer orientation have been introduced as multi-dimensional variables. The dimensions of emotional labour were deep acting and surface acting and the dimensions of customer orientation were customer sensing and customer responsiveness. The representatives of insurance companies in Iran were considered as the statistical population of this study. A questionnaire was used to collect the data. The validity of the questionnaire was examined by experts in this field and its reliability was confirmed using Cronbach's alpha method. Structural equation modelling with PLS approach was used to test the hypotheses. According to the results, spirituality and emotional labour were antecedents of customer sensing and customer responsiveness. Moreover, the performance has been influenced by customer sensing and responsiveness. This study helps policy makers and insurers seek excellence strategies through spirituality and emotional labour.
Keywords: spirituality; emotional labour; customer orientation; customer sensing; responsiveness; performance excellence.
Effective factors on human capital retention in less prosperous regions: an empirical study
by Nour Mohammad Yaghoubi, Masoomeh Zareh Kaseb
Abstract: Human resources are the key element in development and excellence of an organisation. As large global organisations owe their international success to committed knowledge labour force, adoption of sound policies and proper management is very important in survival and retention of human resources. Currently, human resources leave the organisations in less prosperous areas due to lack of attention to needs and proper management. This study tends to investigate effective factors on retention of human resources in less prosperous areas (Zahedan Payame Noor University). These factors are identified based on literature, and classified into four groups of environmental, organisational, managerial and individual factors. Statistical population of the study consists of 70 university staff and professors. Considering finite population of the study, a questionnaire is distributed among all people. The results showed that the factors studied in this study are effective on retention of human resources. Meanwhile, managerial factor has the greatest effect on human resource retention.
Keywords: human resource retention; environmental factors; organisational factors; managerial factors; individual factors.
Assessment of liquidity risk management in Islamic and conventional banks - an empirical study
by Suleiman Jamal Mohammad, Asma Hussein Khalaf Al-Znaimat, Abdullah Ahemd Aldaas, Asem Tahtamouni
Abstract: The aim of this study was to assess liquidity risk management (LRM) practices in Jordanian Islamic and conventional banks during the period (2013-2017). Data used were comprised from six banks, which consisted of three Islamic and three conventional banks in Jordan. Data from the banks financial annual reports covering from 2013-2017 were used to calculate the ratios used as a substitute for liquidity risk in conventional banking as well as Islamic banking in Jordan. The study found the relationship of the size of financial institution, return on asset, return on equity, and capital adequacy ratio with liquidity risk measurement is positive and important both in Islamic banks and conventional banks. Researchers found the practices of LRM are not optimal, yet were based on some considerations explained in this study. Further, progressive actions needs to be taken by the regulators and the banking players to improve the LRM practices.
Keywords: liquidity risk; risk management; Islamic banks; conventional banks; Jordan; financial ratios.
Acceptance of mobile banking in Islamic banks: integration of DeLone and McLean IS model and unified theory of acceptance and use of technology
by Majeed Mustafa Othman Mansour
Abstract: The aim of this study is to investigate the factors that influence on user intention to adopt Islamic mobile banking. Islamic mobile banking is relatively new area of research when compared with other traditional online banking services such as internet banking and conventional mobile banking. Thus, understanding the determinants that influence on Islamic banking user intention is important. The present study integrates two well-known theories; the unified theory of acceptance and use of technology and DeLone and McLean IS success model in order to investigate user's behaviour towards adoption of Islamic mobile banking in Palestine. Findings of the structural equation modelling depicted that factors underpinned UTAUT and D&M model explained R2 61.3% variance in user intention to adopt Islamic mobile banking. IPMA analysis suggested that managers and policy makers should focus on system quality in order to boost Islamic mobile banking adoption among customers of Islamic banks.
Keywords: DeLone and McLean IS success model; D&M model; UTAUT; Islamic mobile banking; system quality; information quality; service quality; structural equation modelling; SEM.