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Sample records for foodservice management company

  1. Development needs of faculty in foodservice management.

    Science.gov (United States)

    Parham, E S; Benes, B A

    1997-03-01

    To determine the development needs of foodservice management (FSM) faculty originally prepared in other fields. Application of qualitative research methodologies to description and comparison of the perspective of three groups: faculty themselves, leaders in foodservice industry, and educators in advanced-degree programs. Purposive sampling of organization directories was used to recruit faculty members for two surveys (142 and 62 respondents) and four focus groups; 15 representatives from industry, professional organizations, and education (through an advisory committee); and 11 foodservice administration advanced-degree programs (through survey and study of program catalogs). Faculty competencies needed were compared from the three perspectives. Descriptive statistics plus chi 2 determinations were used to make comparisons. All three sources identified needs that could be classified into one of three groups: acquisition of theory, mastery of applications, and personal qualities. Theoretical groundwork needed included food science/quantity food production, financial and personnel management, marketing, customer satisfaction, and use of computer and other technologies. Although only 44% of faculty respondents had advanced degrees in FSM, their graduate study in other areas was applicable in meeting many of the competencies. Almost all faculty had some FSM industry experience-a high priority from all perspectives. Most faculty were involved in development activities and reported success in acquiring knowledge and application competence. The faculty members' lack of identification with FSM and their feelings of isolation were more problematic.

  2. Survey of computer technology in foodservice management education.

    Science.gov (United States)

    Miller, J L

    1989-09-01

    The status of the utilization of the computer as a tool in teaching foodservice management concepts in undergraduate dietetic education programs was determined. A questionnaire was administered to directors of Plan IV, V, and coordinated (undergraduate) programs at universities approved or accredited by The American Dietetic Association. Statistical analysis of the 137 usable responses (57%) showed that computers were used as a teaching tool in 85% of the programs surveyed. The majority of programs (58%) utilized microcomputers with floppy disk systems. Teaching laboratories equipped with computers were available in 83% of the programs represented by the respondents. Concepts most often taught with computer assistance included menu and recipe analysis and food cost accounting techniques. Ninety-four percent of the dietetic educators surveyed reported a need for increased utilization of the computer as a tool in teaching foodservice management concepts. Most respondents (92%) indicated that foodservice management educators need additional training in using the computer as a tool.

  3. Energy management within Canadian foodservice and hospitality education programs

    Energy Technology Data Exchange (ETDEWEB)

    1984-06-01

    This study identified 38 Canadian community colleges and universities that offer programs in the foodservice and hospitality technology. A combined mail and telephone survey was conducted to determine the extent that topics in the energy management field have penetrated the curricula at these institutions. The results of the study indicate that none of the institutions presently has a course within their curricula that concentrates specifically on energy management in the foodservice/hospitality industry. However, several administrators/instructors indicated that such topics as electrical demand cost control as well as energy conserving food processes and equipment were discussed within present programs. Overall, there was an indication that the emphasis on the energy management technology within the course material was increasing and that the need for related teaching aids, resource material and external technical support as stimuli was required. 2 refs., 1 fig.

  4. A new approach to the design of information systems for foodservice management in health care facilities.

    Science.gov (United States)

    Matthews, M E; Norback, J P

    1984-06-01

    An organizational framework for integrating foodservice data into an information system for management decision making is presented. The framework involves the application to foodservice of principles developed by the disciplines of managerial economics and accounting, mathematics, computer science, and information systems. The first step is to conceptualize a foodservice system from an input-output perspective, in which inputs are units of resources available to managers and outputs are servings of menu items. Next, methods of full cost accounting, from the management accounting literature, are suggested as a mechanism for developing and assigning costs of using resources within a foodservice operation. Then matrix multiplication is used to illustrate types of information that matrix data structures could make available for management planning and control when combined with a conversational mode of computer programming.

  5. Comparison of foodservice management performance level between dietitians and non-dietitians in senior centers using IPA

    Science.gov (United States)

    Lee, Yun-Kyoung

    2009-01-01

    This study investigated the management importance and performance level of foodservice managers at senior centers. Using the survey, perceived importance and performance levels of seven foodservice management areas were evaluated and analyzed. Data showed the foodservice facilities were being managed by dietitians (61.6%) or non-dietitians (38.9%). The result indicated that overall importance level (3.43) was higher than performance level (3.02) (psenior centers and find out which management area should be concentrated for more effective foodservice management. PMID:20016702

  6. Foodservice Management of Health Industries Based on Customer Satisfaction

    OpenAIRE

    Zhong , Sheng; Hou , Lu; Rao , Zhiyong; Hu , Wen

    2015-01-01

    Part 11: Service Engineering; International audience; To support managerial decision making, this paper investigates the linkages among service, timeliness, product quality, price reasonableness, and customer satisfaction in a hospital. Considering the practical needs, we proposed STQP-SERVQUAL (customer satisfaction model of hospital foodservice) on the basement of SERVQUAL. Data from 281 questionnaires was analyzed. Using structural equation modeling, the results suggest that service, timel...

  7. A Biosecurity Checklist for School Foodservice Programs: Developing a Biosecurity Management Plan

    Science.gov (United States)

    US Department of Agriculture, 2004

    2004-01-01

    The purpose of this document is to introduce the need for securing foodservice operations from bioterrorism, provide a checklist of suggestions for improving the security of foodservice operations, and assist individuals responsible for school food service programs in strengthening the safety of the foodservice operation. While not mandatory, the…

  8. Technology in School Foodservice Operations.

    Science.gov (United States)

    Callahan, Tom; Sharma, Vijay K.

    2002-01-01

    Describes the current state of technology to manage school food-service operations, including, for example, the use of automation to identify and feed needy students and the use of the Internet. Describes challenges of implementing an automated system. (PKP)

  9. What can foodservice operators do to remedy undernutrition in hospitals?

    DEFF Research Database (Denmark)

    Mikkelsen, Bent Egberg; Beck, Anne Marie; Balknäs, Ulla Nilsson

    2003-01-01

    issued guidelines to improve the nutritional care and foodservice practices. The result of the study points at a number of major problems related to the different staff groups, the patients and the management. Among the staff groups involved in foodservice and nutritional care there seems to be a lack...... unaware of the key role of both foodservice and nutritional care. Different staff groups must combine efforts in order to make foodservice become successful nutrition. Among these groups, the foodservice staff is a key player, though ward staff, physicians, dietitians, nurses and hospital orderlies also...

  10. Practices of Selected Foodservice Establishments in Iloilo City, Philippines

    Directory of Open Access Journals (Sweden)

    Raymund B. Moreno

    2015-02-01

    Full Text Available This study aimed to determine the practices of foodservice establishments in Iloilo City. The subjects of this study were selected foodservice establishments in Iloilo City which were selected purposively. The findings of the study showed that the number of foodservice establishments as respondents was equally divided into fast foods and specialty foodservice establishments in Iloilo City. Majority of the foodservice establishment was located uptown or outside of the City of Iloilo and has operated for more than five years. All specialty establishments have undergone accreditation by the Department of Tourism. Since the foodservice establishments practiced all times the different foodservice practices in purchasing, receiving, storage, inventory and safety it is recommended that the owners and managers should continue to perform the different practices to ensure quality service and satisfaction to the customers. It is recommended that the hotel and restaurant management teachers should disseminate the result of the study through their lecture and discussion so that the students could be aware of the good practices employed in the foodservice establishments and enable them to apply this in their future career as effective and productive foodservice worker. Similar study can be conducted to validate the results of this study using other variables and respondents.

  11. Trends impacting food safety in retail foodservice: implications for dietetics practice.

    Science.gov (United States)

    Sneed, Jeannie; Strohbehn, Catherine H

    2008-07-01

    Food safety in retail foodservice is increasingly important to consumers. Trends that impact food safety concerns include the increasing number of meals eaten away from home, increasing consumer awareness about food safety, an aging population, changes in the foodservice workforce, changing technology in work environments, changes in food procurement, foodservice risk factors, and food defense concerns. Each of these trends has implications for dietetics practice, both in working with consumers and managing foodservice operations.

  12. Computer technology in institutional foodservice.

    Science.gov (United States)

    McCool, A C; Garand, M M

    1986-01-01

    A survey research study profiled foodservices and foodservice managers in health care and educational institutions that applied computer technology to their operations. The survey also examined the extent to which computers were applied to management and client service functions. Both the size and the type of institution were found to be significantly related to computer usage. The larger the institution, the greater the extent of indicated usage. Educational institutions used computers more than all types of health care institutions. Mainframe systems (time shared internally or externally) were the predominant computers used. Internal mainframe systems and minicomputers were used significantly more by educational institutions than by health care institutions. The manager most likely to use computers was a man of any age with at least a bachelor's degree who was employed full-time within the institution. He had taken at least six business management courses and had at least some understanding of and ability to apply systems management concepts to his daily management practices. Applications were categorized into five functional areas: menu, purchasing/storage, production, client service, and managerial information. Managerial information applications were most frequently reported by all respondents, with large institutions and elementary/secondary schools reporting the greatest usage for those applications. Several purchase/storage and production applications were significantly related to type or to size or to both, with large institutions and college/university foodservices reporting the greatest usage. Menu precosting was the only significant menu function, and that was significant only relative to institutional type. No client service functions were significantly related to either type or size.

  13. Quality management in shipping companies

    Directory of Open Access Journals (Sweden)

    Đergović Dragana M.

    2017-01-01

    Full Text Available As international business becomes more competitive, companies are finding that they need to work more effectively to stay in business. Quality assurance has become very important to the majority of production and service companies with international activity. Shipping companies were also required to implement a quality management system. The huge importance of safety in maritime transport operations resulted in the International Safety Management Code (ISM Code by the International Maritime Organization. The general management system principles embodied by the maritime ISM Code and generics ISO standards, have enabled their complementary application in establishing a quality management system in shipping companies, within a safety management system as its subset.

  14. Talent management in the company

    OpenAIRE

    Hrdinová, Šárka

    2013-01-01

    This Master's Thesis deals with the issue of talent management at Tesco Stores ČR a.s. The main goal was to create an action plan for cooperation with talent's at Tesco Stores ČR a.s. leading to an increase in employee engagement. Through a detailed study of specialized literature, talent management and its processes, employee development, succession planning, career management and performance management were defined. An analysis of the current system of talent management in the company was c...

  15. IMPLEMENTATION OF QUALITATIVE RULES IN COMPANY`S INFORMATION MANAGEMENT

    Directory of Open Access Journals (Sweden)

    Anna WOLNOWSKA

    2012-07-01

    Full Text Available In the article there were presented chosen issues of quality management. Important role of information and work processes in companies were emphasized . Based on eight rules of quality management, TQM standards and ideas of discipline pioneers like Deming, Juran, Crosby and Shewart, author has constructed way of using chosen rules and assumptions to company`s information circulation. Analogy, suggested by author, has not only emphasized importance of information as a company`s resource, but also has pointed to possibility of improving ways of managing this information.

  16. Risk management in construction company

    OpenAIRE

    Nučič, Jernej

    2011-01-01

    In master's thesis I discuss the field of risk management process in construction projects from the viewpoint of a building contractor. I present risk overview, previous research in this area and a new approach to risk analysis in construction by project components. The proposed methodology for risk management in a construction company, described in this thesis is based on the proposed checklist. Proposed checklist includes all identified risks in terms of building contractor and ...

  17. INNOVATION MANAGER AND HIS POSITION IN COMPANY

    Directory of Open Access Journals (Sweden)

    KATEŘINA HRAZDILOVÁ BOČKOVÁ

    2010-12-01

    Full Text Available The presented paper deals with the importance of innovation manager in company. It analyses the actual state of definition of innovation manager in companies, it is dealing with their qualities and qualities of ideal innovation manager. The paper solves the placement of position of innovation manager into the company organization structure. It recommends the ideal placement of innovation manager position in the organization structure in company working in “Production, sale and operation of amusement and gaming technology”.

  18. Innovation manager and his position in company

    Directory of Open Access Journals (Sweden)

    Kateřina Hrazdilová Bočková

    2011-04-01

    Full Text Available The presented paper deals with the importance of innovation manager in company. It analyses the actual state of definition of innovation manager in companies, it is dealing with their qualities and qualities of ideal innovation manager. The paper solves the placement of position of innovation manager into the company organization structure. It recommends the ideal placement of innovation manager position in the organization structure in company working in “Production, sale and operation of amusement and gaming technology”.

  19. Earnings Management in Polish Companies

    OpenAIRE

    Brzeszczyński, Janusz; Gajdka, Jerzy; Schabek, Tomasz

    2012-01-01

    This paper presents results of the investigation of a phenomenon known as "earnings management'' (EM) among the companies listed on the Polish stock market. The distribution of earnings per share (EPS) for the stocks around the threshold value of "zero" and the threshold of "recent performance" was analyzed in the period of years 1997-2010. Moreover, the changes of earnings for the stocks, which are suspected to manipulate their earnings, were also investigated. The results, which indicate as...

  20. KNOWLEDGE MANAGEMENT IN A COMPANY

    Directory of Open Access Journals (Sweden)

    Petrică Stoica

    2013-12-01

    Full Text Available All organisations are primarily interested in maintaining and increasing intellectual capital assets, and knowledge management represents only a manner of supporting the satisfaction of this interest and of laying stress on this type of assets. A mistaken conception, according to which at the level of a company there is a finite knowledge store that can be “managed”, reflects nothing but the fact that, at the beginning, many companies have overlooked the general aim of their business. The intangible part is immaterial, difficult to describe, quantify and measure. The intangible asset has and creates value and that is why the evaluation of intellectual property does not represent a simple activity. From a modern viewpoint, organisational learning does not consist only in obtaining new knowledge, but also considers its employment in carrying out the activities of the company, and so it contributes to the generation of new knowledge. The success of companies depends on the personnel’s ability to understand, manipulate and develop information. In case of epistemic economy, the improvement of the innovation capacity, the creation of value and wealth are based on the division of knowledge.

  1. Maitenance management and the production company management

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    Jiří Fries

    2006-10-01

    Full Text Available A systematic and processional attitude to the maintenance management, as processional technical activities, has to be followed by firms and production companies for their organization processes including the maintenance. Then, an excellent level can be achieved according to the theory of vitality. In practice, it means that the maintenance is controlled in right way and the principles of the vitality theory have to be applied into the maintenance management. Application principles of the vitality theory in the management for maintenance management as a processional technical activity.

  2. Analytical support management shipping company

    Directory of Open Access Journals (Sweden)

    S.V. Tarasenko

    2016-12-01

    Full Text Available The article to determine areas of improvement of the economic analysis of the shipping companies tested, allowing to identify the problems of organization and methods, which are as follows: lack of regulation of economic analysis, unregulated and methods of economic analysis, using methods such as coefficient method, absolute differences method relative differences groupings balance method, while as factor analysis and correlation are ignored. Proved that today the priority targets of management that should be subject to economic analysis are: analysis of the efficiency of the fleet; analysis of the efficiency of transport services; analysis of the cost of transport services and costs; analysis of the efficiency of resource use.

  3. Financial management of the construction company

    Directory of Open Access Journals (Sweden)

    Antosova, Karolina

    2016-12-01

    Full Text Available This paper informs about the financial management in the construction company. The work describes problems of the management, its tasks, goals, dependencies on the size of the construction company and progress in the construction production and also introduce topic of the risks in the construction business. Also controlling and reporting in the construction company together with basic tools are described in example of Metrostav a.s. in this work.

  4. HUMAN RESOURCE MANAGEMENT PRACTICES IN BRAZILIAN COMPANIES

    OpenAIRE

    Li, Y.

    2017-01-01

    The article considers the analysis of human resource management practices for Brazilian companies. The country-specific context and organizational behavior peculiarities of Brazil define the companies’ approach for HRM practices. The example of “CCR Group” is considered as a case study example. Analysis from company structure, culture specific context, current situation of human resource management not only in this company, but also in Brazil, in order to give the recommendation about how to ...

  5. Consumer perceptions on sustainable practices implemented in foodservice organizations in Korea.

    Science.gov (United States)

    Ju, Seyoung; Chang, Hyeja

    2016-02-01

    Sustainable practices in foodservice organizations including commercial and noncommercial ones are critical to ensure the protection of the environment for the future. With the rapid growth of the foodservice industry, wiser usage of input sources such as food, utilities, and single use packaging should be reconsidered for future generations. Therefore, this study aims to investigate the customer's perceptions on sustainable practices and to identify the relationship among sustainable practices, social contribution and purchase intention. The study was conducted using content analyses by reviewing articles on sustainable food service practices published domestically and abroad. Thereafter, data were collected with a face-to-face survey using a questionnaire and analyzed with factor analyses and multiple regressions. Sustainable practices classified with factor analysis consisted of 6 dimensions of green food material procurement, sustainable food preparation, green packaging, preservation of energy, waste management, and public relations on green activity, with a total of 25 green activities in foodservice operations. Consumers were not very familiar with the green activities implemented in the foodservice unit, with the lowest awareness of "green food material procurement (2.46 out of 5 points)", and the highest awareness of "green packaging (3.74)" and "waste management (3.28). The factors influencing the perception of social contribution by foodservice organizations among 6 sustainable practice dimensions were found to be public relations on green activity (β = 0.154), waste management (β = 0.204) and sustainable food preparation (β = 0.183). Green packaging (β = 0.107) and the social contribution of the foodservice organization (β = 0.761) had strong relationships with the image of the organization. The purchase intentions of customers was affected only by the foodservice image (β = 0.775). The results of this study suggest that sustainable practices by

  6. The Dimensions of Customer Preference in the Foodservice Industry

    OpenAIRE

    Abdullah, Firdaus; Abang Abdurahman, Abang Zainoren; Hamali, Jamil

    2013-01-01

    Today's foodservice industry management must place a high priority on understanding the growing markets resulting from rapid urbanization and rising numbers of tourists. This industry has a huge impact on the global economy but it is affected by customers' ever-changing preferences. Managers need to gain and sustain strategic advantage in this highly competitive industry, thus a local customer preference assessment is crucial. This paper presents the dimensions of customer preference in the f...

  7. Financial management for small companies

    Science.gov (United States)

    Bruce Hansen; Jeff Palmer; Jeff Palmer

    2000-01-01

    The wood-products industry is characterized by many small manufacturers that lack the staff to compile and analyze information on their operations and investments. Two computer programs, FRAN and JEFFI, have been developed by the USDA Forest Service at Princeton, West Virginia,to help small companies better analyze and monitor current performance, and better evaluate...

  8. Enterprise Architecture in the Company Management Framework

    Directory of Open Access Journals (Sweden)

    Bojinov Bojidar Violinov

    2016-11-01

    Full Text Available The study aims to explore the role and importance of the concept of enterprise architecture in modern company management. For this purpose it clarifies the nature, scope, components of the enterprise architecture and relationships within it using the Zachman model. Based on the critical analysis of works by leading scientists, there presented a definition of enterprise architecture as a general description of all elements of strategic management of the company combined with description of its organizational, functional and operational structure, including the relationship between all tangible and intangible resources essential for its normal functioning and development. This in turn enables IT enterprise architecture to be defined as a set of corporate IT resources (hardware, software and technology, their interconnection and integration within the overall architecture of the company, as well as their formal description, methods and tools for their modeling and management in order to achieve strategic business goals of the organization. In conclusion the article summarizes the significance and role of enterprise architecture for strategic management of the company in today’s digital economy. The study underlines the importance of an integrated multidisciplinary approach to the work of a contemporary company, and the need for adequate matching and alignment of IT with business priorities and objectives of the company.

  9. Quality, efficiency, and sustainability in the foodservice supply chain

    DEFF Research Database (Denmark)

    Wang, Yang; Grunow, Martin

    Consumers have become more and more demanding with regards to food quality, food safety, sustainability, and associated product attributes. Looking at food supply chains from an integrated point of view has therefore become an industry paradigm. The overall aim of this thesis is to contribute...... to the literature with regards to the development of efficient, high-quality, and sustainable food supply chains; especially focusing on integrated methodologies. In this thesis, research is presented on the inclusion of the specifics of the food industry, food engineering related knowledge, and sustainability...... assessment methodology into food supply chain management. This thesis builds on a case from the foodservice industry, which is used throughout the thesis to illustrate the proposed methodologies. As an important part of the food industry, the foodservice industry connects agricultural producers, food...

  10. Gestão de pessoas em unidades produtoras de refeições comerciais e a segurança alimentar People management in foodservice establishments and food safety

    Directory of Open Access Journals (Sweden)

    Suzi Barletto Cavalli

    2007-12-01

    of Campinas (State of São Paulo and Porto Alegre (State of Rio Grande do Sul, divided into segments: self service by weight, barbecue restaurants and fast food restaurants. The total sample consisted of 108 establishments, 62 in Porto Alegre and 46 in Campinas. The managers of the restaurants were interviewed using a previously tested questionnaire comprised of open and closed questions. RESULTS: We observed that only 21.7% of the employees attended courses and specific training in their field of work. Elementary school level prevailed among the human resources, with both genders being present in the same proportion. Most establishments adopt hiring criteria, and personal presentation is the most important. Personal hygiene of the employees was considered of "vital importance" by the managers. Insufficient experience, responsibility in conducting the activities and formal education for the position are among the main difficulties found by the foodservice companies when hiring personnel. CONCLUSION: People management in the field of commercial restaurants must be qualified, so that adequate food safety conditions can be offered for the consumers.

  11. Practice management companies improve practices' financial position.

    Science.gov (United States)

    Dupell, T

    1997-11-01

    To maintain control over healthcare delivery and financial decisions, as well as increase access to capital markets, some group practices are forming their own physician practice management companies. These companies should be organized to balance the expectations of physicians with the values of capital markets. This organization should include retained earnings, financial reporting in accordance with generally accepted accounting principles (GAAP), predictable earnings and cash flow, physician ownership and leadership, and incentives for high-quality management. Three large, primary care and multispecialty clinics that merged to form a new physician practice management company increased their access to capital markets and improved their overall financial position, which will help them achieve long-term survival.

  12. 7 CFR 226.21 - Food service management companies.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 4 2010-01-01 2010-01-01 false Food service management companies. 226.21 Section 226... § 226.21 Food service management companies. (a) Any institution may contract with a food service management company. An institution which contracts with a food service management company shall remain...

  13. Cooperation with assets management companies as the investment activity of insurance companies

    OpenAIRE

    Sinitsyna, T.

    2008-01-01

    The article explores the peculiarities of investment activity of local insurance companies there is analyze of one of the option using the investment opportunities of insurance companies in the way of cooperation with assets management companies.

  14. RISK MANAGEMENT COMPANIES AND HEDGE ACCOUNTING

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    SABIN ARMĂŞELU

    2014-12-01

    Full Text Available The increasing use of derivatives for risk management of a company lately has led to the need to report on an actual basis as these instruments and regulate these operations accounting. This paper proposes a presentation of hedging transactions and their accounting evaluating the impact, in terms of accounting, risk management derivatives on a company. Hedges are often ineffective. Overcoming the ineffectiveness of hedging operations can be achieved by proper designation of the hedging relationship and create an appropriate method to demonstrate hedge effectiveness.

  15. Previsional Dimension of Management in Romanian Companies

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    Ion VERBONCU

    2012-12-01

    Full Text Available We will insist in our analysis on the managerial situation of the four types of firms defined by dimensional characteristics - micro, small, medium and large - working in almost all sectors: industries, trade, transport, agriculture, services, so on. Analysis of managerial viability refers to various fields, coming from the company’s feature of “management system”, as follows: strategies and policies, methodological, decisional, informational, organizational and human resource management, leadership, efficiency, effectiveness, competitiveness and sustainability of management system. For this purpose were used important information sources, such as: results of a special survey developed during August - October 2011, based on questionnaire, dedicated to managers and specialists from enterprises, trainers from higher education, researchers and management consultants; interviews’ results based on questionnaire of entrepreneurs and managers of SMEs with the occasion of achieving White Paper of SMEs in 2011, during March-April 2011; theoretical and pragmatic experience of the authors of this study and other members of Romanian Academic Management Society; authors’ involvement in management consultancy offered to companies over the past 22 years and literature from our country and abroad regarding management of Romanian companies.

  16. Senior Management Use of Management Control Systems in Large Companies

    DEFF Research Database (Denmark)

    Willert, Jeanette; Israelsen, Poul; Rohde, Carsten

    2017-01-01

    The use of management control systems in large companies remains relatively unexplored. Indeed, only a few studies of senior managers’ use of management control systems consider multiple controls in companies. This paper explores data from a comprehensive survey of the use of management control...... systems in 120 strategic business units at some of the largest companies in Denmark. The paper identifies how senior management guides and controls their subordinates to meet their companies’ objectives. The presentation and discussion of the results, including citations from executive managers, use...... Ferreira and Otley’s (2009) conceptual and holistic framework for performance management systems, supplemented by elements of contextual factors and organisational culture. Further, selected researchers’ perceptions of the purpose of using management control systems are related to practitioners’ ideas...

  17. Influence of a company member on the management of a limited company

    OpenAIRE

    Lepka, Jaroslav

    2012-01-01

    Influence of a company member on the management of a limited company Petr Hanka Abstract The thesis deals with the legal relation between the member of a limited company and this company with focus on his influence on company's management. The paper concentrates mainly on particular rights of non-proprietary nature, which are entrusted to the member by the Commercial Code and recently by the Business Corporations Act for a purpose of the perfomance of the member's influence. The thesis takes ...

  18. INNOVATION MANAGEMENT TOOLS IN PUBLISHING COMPANIES

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    A. Shegda

    2013-09-01

    Full Text Available This article is devoted to the highly topical issue of modern publishing business as innovation management. introduction of technological innovation, measured as a promising strategy for the development of a constructive industry. The paper deals with main problems in managing of publishing companies. The reference consider of innovation management tools. In the article are exams the problems of books trend decline which require publishers introducing innovative methods of production and distribution. It was found that while the tools can be used. The process of innovation management with the following basic tools like as marketing innovation bench marketing, franchising, engineering innovation. It was found that while the tools can be used. So, the aim of the article is to analyze the modern tools of innovation management in the publishing field.

  19. Healthcare foodservice report 1993. Getting ready for reform. Interview by Mitchell Schechter.

    Science.gov (United States)

    Bennett, N; Evert, D; Gessel, A; Fowler, K; Johnston, D

    1993-06-01

    Hospital foodservice directors & dietitians are facing the greatest challenge of their careers -- to prepare, along with their institutions, for the most thoroughgoing reform of America's healthcare system ever proposed. Healthcare institutions across the country are seeking the means to offer enhanced patient services & gain competitive advantages by forming new alliances, new patient-centered care systems & cost-reduction programs. To aid in these efforts, their foodservices are developing comprehensive cross-training schemes, inter-departmental teams with other service groups & new ways to cut operating subsidies. Here's how five hospital foodservice departments are using cost controls, revenue building, quality management processes & enhanced efficiencies to help their institutions prepare for the changes ahead.

  20. Managing Linguistic Diversity in a Global Company

    DEFF Research Database (Denmark)

    Lønsmann, Dorte

    Sociolinguistic studies of language in the workplace have found that linguistic diversity may be a challenge in terms of communication barriers and social exclusion. In some organisations, introduction of an ‘English only’ language policy has been seen as the solution to overcome language barriers...... departments. To gain insights into the management perspective, a critical discourse analysis of interviews with policy makers and policy documents aims at answering the following question: To what extent can corporate language policy be seen as a tool that is designed to bring about change in company culture...

  1. Dynamic Capabilities and Project Management in Small Software Companies

    DEFF Research Database (Denmark)

    Nørbjerg, Jacob; Nielsen, Peter Axel; Persson, John Stouby

    2017-01-01

    dynamic capabilities at different levels of the company — particularly between the project management and the company levels. We present a case study of a small software company and show how successful dynamic capabilities at the company level can affect project management in small software companies...... in ways which may have an adverse impact on the company’s overall dynamic capabilities. This study contributes to our understanding of the managerial challenges of small software companies by demonstrating the need to manage the interaction between adaptability and flexibility at different levels...

  2. Current and future practices in hospital foodservice.

    Science.gov (United States)

    Silverman, M R; Gregoire, M B; Lafferty, L J; Dowling, R A

    2000-01-01

    To identify current operational practices and expectations for future practices in hospital foodservice; establish the probability that current practices will change; and determine whether differences in practices exist on the basis of profit status and hospital size. A questionnaire, to determine current practices, probability of change, and expectations for future practices, was mailed to foodservice directors. A random sample of 500 foodservice directors in US hospitals with 200 or more beds. A total of 214 questionnaires were returned for a response rate of 43%. Descriptive statistics were used to report current practices, probability of change, and expectations for future practices. The Kruskal-Wallis test was conducted to examine whether the probability of change ratings differed on the basis of hospital profit status and size. chi 2 Analysis was used to examine whether expectations for future practices differed based on hospital profit status and size. Currently 81% of hospital foodservice departments have fewer than 100 employees; 73% have revenue budgets of less than $2 million; 49% have expense budgets greater than $2 million; 55% use a selective menu, often (43%) 1-week in length; 74% use conventional food production technology; 81% have a centralized, hot tray line; 91% operate a cafeteria; 96% do on-site catering; 69% have differential pricing for employee meals; 58% have subsidized employee meals; and 19% have coffee kiosks. Changes in current practices are expected in several areas. Foodservice directors expect to serve meals to fewer inpatients (71%), employ less staff (73%), have smaller expense budgets (70%), and generate more revenue (61%). Kruskal-Wallis and chi 2 analyses indicated few differences on the basis of hospital profit status and size. There was little consensus among directors on how to best respond to these environmental changes. Hospital foodservice practices will change in the future. Foodservice directors are using a variety of

  3. IMPROVING THE MANAGEMENT OF THE COMPANY ESTABLISHING

    Directory of Open Access Journals (Sweden)

    ALEKSANDAR MAJSTOROVIĆ

    2015-10-01

    Full Text Available Countries that are in transition, the transition from one great epoch to another, changing their socioeconomic structure, habits, organization, introduced the achievements that are regarded as dominant in the systems to which they aspire to join. It is clear that we are talking about countries like the Republic of Serbia by coming close to the EU. In the above transitional situations, in addition to the classic problems related to EU accession are observed and some others such as the future of globalization. They are not alone, reveals other changes such as very dynamic changes in the markets, especially in the capital markets. In such circumstances, equity holders and investors and management is needed is an opinion on the financial statements of companies which are the subject of their interest. Investors increasingly require the best possible protection, high-quality and timely information on important events in companies, which want to eventually buy or invest in them. An opinion on the financial statements of companies are included in the audit reports. In recent decades, more and more developing various forms of control and audit in companies. They are different external audit taking place at the beginning of the year, which relate to the previous period as dominant, but it is growing from year to year and implementation of internal audits in various forms of heterogeneous enterprises. Regardless of the form of revision of their preparation and certify qualified auditors within its scope of work. Consequently, the auditors could be viewed as intermediaries between the legal entities responsible for the issuance of the financial statements and external stakeholders. They perform their tasks independently, objectively and with a great deal of independence in their work, in order to provide the necessary information to the users of audit reports. The author highlights the importance of improving financial reporting based on internal control

  4. A financial career in a hospital management company.

    Science.gov (United States)

    Herr, H T

    1980-01-01

    Concurrent with the recent development of the hospital financial manager's position has been the emergence of investor-owned multifacility hospital management companies. Many of these companies had their beginnings in the late 1960s. One such company is Hospital Affiliates International, formed in 1967 and now providing management to approximately 150 hospitals. About 50 of these facilities are owned by Hospital Affiliates, and 100 are managed for other, primarily community, nonprofit and governmental organizations. Development of investor-owned management companies has progressed to the extent that as of September 30, 1979 they provided management to approximately 330 hospitals in the United States and in foreign countries.

  5. BARRIERS AND OPPORTUNITIES OF APPLICATION MANAGEMENT ACCOUNTING IN MICRO AND SMALL COMPANIES TROUGH ACCOUNTING SERVICES COMPANIES

    OpenAIRE

    Beuren, Ilse Maria; Universidade Federal do Paraná - UFPR; Barp, Adriano Dinomar; Universidade Regional de Blumenau - FURB; Filipin, Roselaine; Universidade Regional de Blumenau - FURB

    2013-01-01

    This study investigates the barriers and possibilities of application management accounting in micro and small companies through accounting services companies. A questionnaire, made of questions drawn from the research of Marriott and Marriott (2000), was sent to the customers of 35 accounting services companies in a municipality in southern Brazil and the accessibility sample comprises 109 micro and small companies. The data analysis was initially performed by using descriptive statistics, s...

  6. Accounting management software intellectual rent companies

    Directory of Open Access Journals (Sweden)

    T.S. Osadcha

    2015-12-01

    Full Text Available Економічні науки. – 2015. – № 4 (74. – P. 43–49: Table 4. – Refs.: 22. As a result of the study it has been established that intellectual rent as additional income arises resulting from the usage of intellectual property objects. At present the issue of the accounting reflection of transactions that form intellectual rent remains to be not thoroughly disclosed and requires more depth study for improving the performance of the innovative enterprises as well as for increasing the informativeness of the accounting system. In connection with the above defined organizational and methodical aspects of accounting operations with intellectual rent in assessing the rents of its type, the definition of accounts for the accounting reflection of the order determining the amount of intellectual rent on accounting data. Proposed document that would facilitate the work of accountants for the calculation of the amount of intellectual rent and provide information about the effectiveness of the company. Application of the proposed method of accounting reflect the formation and distribution of intellectual rent allows management personnel to provide the necessary innovative activity of the enterprise information management rent, since it is a type of income of the enterprise.

  7. Hazard Analysis and Critical Control Point Program for Foodservice Establishments.

    Science.gov (United States)

    Control Point ( HACCP ) inspections in foodservice operations throughout the state. The HACCP system, which first emerged in the late 1960s, is a rational...has been adopted for use in the foodservice industry. The HACCP system consists of three main components which are the: (1) Assessment of the hazards...operations. This manual was developed to assist local sanitarians in conducting HACCP inspections and in educating foodservice operators and employees

  8. Determinants of Working Capital Management in Latin American Companies

    Directory of Open Access Journals (Sweden)

    Samuel Mongrut

    2013-11-01

    Full Text Available The aim of this study is to determine the factors that affect working capital management in Latin American companies. Using an unbalanced panel data analysis for companies quoted in five Latin American capital markets it is shown that companies in Argentina, Brazil, Chile and Mexico are holding cash excesses, which could destroy firm value. Results show that the industry cash conversion cycle, the company market power, its future sales and country risk have an influence on the way Latin American companies manage their working capital with significant differences among countries in the region.

  9. Strategic Management: Business Model Canvas for Start-Up Company

    OpenAIRE

    Sonninen, Anna

    2016-01-01

    Thesis is written about development of Kakunpala as a Start-Up Company, because development processes and ideas are the key factors for future success of the company. The aim of this thesis is to understand Strategic Management of the Company and Development processes,by using the SWOT analysis before and after development and by applying Business Model Canvas template to the Start-Up Company, and by describing Customer Journey: what relations Kakunpala has with clients and its processes...

  10. University foodservices' potential for providing environmental education to students.

    Science.gov (United States)

    Slobbé, Chelsea; Mirosa, Miranda; Thomson, Carla

    2017-04-01

    University foodservices are potentially well placed to foster environmental education in a non-classroom setting and so could have the power to benefit communities through producing environmentally literate graduates. Buy-in from foodservice staff is critical for realising this potential, so understanding what foodservice staff think about their foodservice engaging in the provision of environmental education is essential. The aim of this study was to identify the dominant perspectives held by university foodservice staff about the desirability and realities of fostering environmental education in their workplaces. The study design integrated two phases: (i) 36 foodservice staff conducted a card-sorting activity that revealed four dominant viewpoints; (ii) 60 foodservice staff completed a survey where they identified with one of these viewpoints. The study was conducted in Dunedin, New Zealand. The four main perspectives were The 'Believer', the 'Relatively Positive Integrator', the 'Uncertain Contender' and the 'Sceptic'. All of the perspective groups, except for Sceptic, believed environmental education in their workplace was desirable. In the survey, 25% of the 60 participants self-identified with the Believer narrative, 40% with the Relatively Positive Integrator, 25% with the Uncertain Contender and 10% with the Sceptic. There were no significant differences between factors for sociodemographic characteristics. A paradigm shift in foodservice framework thinking could unlock the potential university foodservice has to assist universities whose strategic mission is to embed environmental education in both curricular and co-/extracurricula activities. © 2017 Dietitians Association of Australia.

  11. Audit to Target Food-Service Corporations

    Science.gov (United States)

    Shah, Nirvi

    2011-01-01

    The author reports on the U.S. Department of Agriculture's plan to look closely at whether the food-service-management companies running many school cafeterias are passing along all the discounts and rebates they receive from their suppliers to the districts that hire them. The plan to probe companies will begin in August, said Alison Decker, a…

  12. CUSTOMER RELATIONSHIP MANAGEMENT : case study Coca-Cola Company

    OpenAIRE

    Ling, Xiaojing

    2017-01-01

    The Coca-Cola Company is an American multinational beverage corporation, a manufacturer, retailer and marketer of non-alcoholic beverage concentrates and syrups with its headquarter in Atlanta, Georgia. This thesis is aimed to affirm the superiority of the Coca-Cola Company and to find out its shortcomings in managing customer relationships based on studying the customer relationship management strategy for Coca-Cola Company and discussing the comparison between Coca-Cola and Pepsi Cola, then...

  13. Getting a taste for food waste: a mixed methods ethnographic study into hospital food waste before patient consumption conducted at three New Zealand foodservice facilities.

    Science.gov (United States)

    Goonan, Sarah; Mirosa, Miranda; Spence, Heather

    2014-01-01

    Foodservice organizations, particularly those in hospitals, are large producers of food waste. To date, research on waste in hospitals has focused primarily on plate waste and the affect of food waste on patient nutrition outcomes. Less focus has been placed on waste generation at the kitchen end of the hospital food system. We used a novel approach to understand reasons for hospital food waste before consumption and offer recommendations on waste minimization within foodservices. A mixed methods ethnographic research approach was adopted. Three New Zealand hospital foodservices were selected as research sites, all of which were contracted to an external foodservice provider. Data collection techniques included document analyses, observations, focus groups with kitchen staff, and one-on-one interviews with managers. Thematic analysis was conducted to generate common themes. Most food waste occurred during service and as a result of overproduction. Attitudes and habits of foodservice personnel were considered influential factors of waste generation. Implications of food waste were perceived differently by different levels of staff. Whereas managers raised discussion from a financial perspective, kitchen staff drew upon social implications. Organizational plans, controls, and use of pre-prepared ingredients assisted in waste minimization. An array of factors influenced waste generation in hospital foodservices. Exploring attitudes and practices of foodservice personnel allowed an understanding of reasons behind hospital food waste and ways in which it could be minimized. This study provides a foundation for further research on sustainable behavior within the wider foodservice sector and dietetics practice. Copyright © 2014 Academy of Nutrition and Dietetics. Published by Elsevier Inc. All rights reserved.

  14. How Educational Management Companies Serve Charter Schools and Their Students.

    Science.gov (United States)

    Walk, R. David, Jr.

    2003-01-01

    Rebuttal to two articles by Kathleen Conn in the April and July 2002 issues of "Journal of Law and Education," the first criticizing the profit-maximizing duty of for-profit school-management companies; the second proposing legal remedies. Argues that main goal of for-profit educational-management companies is to provide all children a quality…

  15. SUPPLY CHAIN MANAGEMENT AS AN ELEMENT OF COMPANY STRATEGY

    OpenAIRE

    SEBASTIAN KOT; DANUTA PLUTA; IWONA STASIAK; WIOLETTA STRUZIK

    2014-01-01

    : The process of supply chain management is a huge challenge for managers of many companies. In today's market situation more and more often it is the effective supply of products at minimum cost and a guarantee of an adequate level of customer service which determine the competitiveness of organizations. As a result, companies implement strategies for supply chain management. The constantly increasing role of logistics and supply chain management results, among others, from the fact that bot...

  16. Perceptions of Sustainable Marketing Management by Export Companies in Serbia

    Directory of Open Access Journals (Sweden)

    Zoran I Čajka

    2013-07-01

    Full Text Available The present research paper deals with perceptions of sustainable marketing management in the strategies of export companies in Serbia. The objectives in this paper are manifold. They are to emphasize the importance of green marketing management in export activities of domestic companies which pursue their green management plan; to evaluate the company’s share in specific marketing segments, and to highlight the significance of successful green marketing management in modern business. Domestic green-oriented companies, which export their products to many different countries, look into the possibility of increasing their sales volumes. The findings in the paper support the hypotheses that domestic companies are perceptive of sustainable marketing issues in their business activities, and sustainable marketing management is becoming an important factor in business activities of modern companies.

  17. INDICATORS SYSTEM FOR MONITORING INTELLECTUAL PROPERTY MANAGEMENT IN COMPANIES

    Directory of Open Access Journals (Sweden)

    Alexandru STRATAN,

    2018-02-01

    Full Text Available Organizations and companies with a high level of competitiveness had developed intellectualproperty management systems that aim at assuring information and indicators for decision-making.Furthermore, the systematization and monitoring of information on intellectual property managementcontributes to the improvement, reliability, quality and efficiency of managerial efficiency, offering, in theend, to the company an image of its competitive advantages, generated by the intellectual property. The purpose of this work is to identify a system of indicators (benchmarks that can be used formonitoring through self-evaluation of the intellectual property management as part of a methodic approachon researching the intellectual property management system in companies. The main results achieved following the investigations were the development of a set of indicators(benchmarks for monitoring the management of intellectual property in companies. Also, being based onthis group of indicators, an integrated indicator for assessing the effectiveness of the management systemof intellectual property in companies had been developed.

  18. THE EFFICIENCY OF IMPLEMENTING PRIVATE MANAGEMENT IN STATE COMPANIES

    Directory of Open Access Journals (Sweden)

    Mungiu-Pupăzan Mariana Claudia

    2012-09-01

    Full Text Available In 2012, nine state-owned companies are expected to have private management giving up the statemanagement. Therefore, a full debate of this issue is required, taking into consideration the fact that, in ouropinion, this process involves more than just the replacement of a manager with another. The implementationof private management in companies of national strategy, currently in state ownership, is desired to be aprofound and also very complex process, aiming to change organizational culture in depth, both verticallyand horizontally, so as to increase efficiency in these companies.Implementation of private management could be a good opportunity for an efficient development ofthese companies, for an increasing level of competitiveness on the international market, but only in terms ofa leadership team chosen on performance criteria, with a coherent set of objectives and a high independencelevel of decision.There are some opinions from people with experience in managing both private and statecompanies. They believe that the idea of establishing a private management in state companies, is, in themain, good, but it is essential to take into consideration the idea of a team trained to lead the company,instead of one person as a general manager.Another element to be taken into account, so that this idea of private management may have thedesired effect, is to precisely determine companies where private management teams should be installed. Notall companies are suitable for the same private management strategy. This type of leadership is better forcompanies with a real international perspective, such as Tarom, while strategic companies should be ratherreformed, including management privatization, and kept as state strategic areas. However, strict criteria ofstate intervention in decision-making process should be established, a striking question concerning thecircumstances under which such a management team could be successful, given that state firms are

  19. Development of Career Progression Systems for Employees in the Foodservice Industry. Final Report.

    Science.gov (United States)

    National Restaurant Association, Chicago, IL.

    Firms representing four segments of the foodservice industry (institutional foodservice (9 jobs), commercial restaurants (19 jobs), hotel foodservice (100 jobs), and airline foodservice (10 jobs), participated in a career and training study to test the feasibility of designing and implementing career progression (c.p.) systems within these…

  20. Managing environmental knowledge through learning processes in Spanish hospitality companies.

    Science.gov (United States)

    Cegarra-Navarro, Juan Gabriel; Martinez Martinez, Aurora

    2010-11-01

    The major focus of this research is to investigate whether environmental knowledge has any impact on organizational outcomes through an empirical investigation of 127 Spanish hospitality companies, using structural equation models. Our results show that environmental knowledge is an important determiner for developing organizational outcomes. However, this relationship is completed with just two related constructs: Firstly, the company's acquisition process plays a key role in managing the tension between the knowledge necessary to develop the appropriated environmental initiatives and current knowledge. Secondly, the company's distribution process also sheds light on tangible means for managers to enhance their company's outcomes through environmental knowledge.

  1. Innovation adoption processes for third party property management companies

    Energy Technology Data Exchange (ETDEWEB)

    Shockman, Chris; Piette, Mary Ann

    2000-07-01

    Innovation adoption studies have never been applied to third party property management companies. These companies manage buildings for a fee as their primary business. Property management companies are influential in the adoption process for new technologies because they act as gatekeepers for technical information. This study analyzes radical and routine adoption process that are found in large, professionally operated property management companies. The process is explicated. The technical managers, and their role as technology gate keepers, are described. The distinction to the technical managers between routine and radical technology is that routine technologies do something in a new way and radical technologies do something new. Observations concerning evaluation and adoption of information technologies are described. The findings suggest methods of successfully tailoring and introducing technologies to this market.

  2. Importance of marketing activities in a company : the management perspective

    OpenAIRE

    Urbonavičius, Sigitas; Dikčius, Vytautas

    2008-01-01

    The article analyses how managers of companies see the importance of the overall marketing function as the importance of certain types of marketing activities. These types include typical areas of 4 Ps as well as marketing planning and marketing research activities. The research is based on a survey of 205 managers of primarily manufacturing and trading companies that operate in Lithuania. Managers evaluated marketing planning and distribution as the most important marketing functions, while ...

  3. Industrial conflict and its management in selected Nigerian manufacturing companies

    OpenAIRE

    Solaja Oludele Mayowa

    2015-01-01

    This study examined industrial conflict and its management strategies in selected manufacturing companies in Lagos State, Nigeria. The study utilized co-relational survey method which involves the use of structured questionnaire and personal observation to elicit information from the respondents. Participants comprised of staffs of three manufacturing companies in Lagos, Nigeria. Multistage sampling technique was employed in selecting the respondents from the three manufacturing companies und...

  4. The role of internal audit in companies' risk management

    Directory of Open Access Journals (Sweden)

    Vlaović-Begović Sanja

    2012-01-01

    Full Text Available The internal audit area of application differs according to management needs and demands, as well as the structure and the size of a company. Besides examination of bookkeeping information, law synchronization check, criminal action and mistakes discoveries, internal audit is more and more directed towards risk management process in order to respond to the demands of uncertain business and to secure adequate business decisions making for management. This paper examines the role of internal audit in companies' risk management that is represented in examination and evaluation of risk management processes, with the aim of decreasing risk to an acceptable level for a company. Besides that, internal audit can support the management in configuration and establishing more efficient, improved risk management process. In order to ensure independence and objectiveness of internal audit operation, activities and responsibilities of management and internal audit are clearly defined.

  5. Results of agile project management implementation in software engineering companies

    Directory of Open Access Journals (Sweden)

    Suetin Sergei

    2016-01-01

    Full Text Available Agile project management methodologies, tools and techniques have been becoming more and more popular among Russian and foreign software companies. Though the agile software project management methodologies appear to be more flexible and sound alternative to traditional project management approaches, the practice of agile project management implementation needs more research. The article presents the research on the practical results of agile project management implementation in Russian software engineering companies. The survey-based study covers 8 companies and 35 their projects managed with the help of agile methodologies. In contrast to some optimistic researchers of agile practices, the research findings show that in the investigated projects agile project management led to the deterioration of cost and schedule performance. However, the quality, both perceived by clients and assessed by internal technical analysts, improved after the implementation of agile software project management practices.

  6. Risk management for companies focused on innovation processes

    Directory of Open Access Journals (Sweden)

    Ana Paula Beck da Silva Etges

    Full Text Available Abstract Risk is inherent to the activities of technology and innovation companies and to manage them represent an opportunity to improve the company capability to achieve its goals. The use of ERM models has been studied since the Committee of Sponsoring Organizations of the Treadway Commission guides. This article adapted the MIGGRI model for the context of an innovation company from a TSP in Brazil. Using a case study and a review from previous ERM literature, the article show that is possible to measure the risks that an innovation company faces, and that they may be managed with a view to supporting a company’s strategy. Were applied an economic analysis based on a MCS and an indicator of CFaR were applied to measure innovation risks. A strategic performance model for innovation companies are proposed and the benefit to implement Risk Management practices in innovation organizations was validated.

  7. Nuclear power company activity based costing management analysis

    International Nuclear Information System (INIS)

    Xu Dan

    2012-01-01

    With Nuclear Energy Industry development, Nuclear Power Company has the continual promoting stress of inner management to the sustainable marketing operation development. In view of this, it is very imminence that Nuclear Power Company should promote the cost management levels and built the nuclear safety based lower cost competitive advantage. Activity based costing management (ABCM) transfer the cost management emphases from the 'product' to the 'activity' using the value chain analysis methods, cost driver analysis methods and so on. According to the analysis of the detail activities and the value chains, cancel the unnecessary activity, low down the resource consuming of the necessary activity, and manage the cost from the source, achieve the purpose of reducing cost, boosting efficiency and realizing the management value. It gets the conclusion from the detail analysis with the nuclear power company procedure and activity, and also with the selection to 'pieces analysis' of the important cost related project in the nuclear power company. The conclusion is that the activities of the nuclear power company has the obviously performance. It can use the management of ABC method. And with the management of the procedure and activity, it is helpful to realize the nuclear safety based low cost competitive advantage in the nuclear power company. (author)

  8. Industrial conflict and its management in selected Nigerian manufacturing companies

    Directory of Open Access Journals (Sweden)

    Solaja Oludele Mayowa

    2015-12-01

    Full Text Available This study examined industrial conflict and its management strategies in selected manufacturing companies in Lagos State, Nigeria. The study utilized co-relational survey method which involves the use of structured questionnaire and personal observation to elicit information from the respondents. Participants comprised of staffs of three manufacturing companies in Lagos, Nigeria. Multistage sampling technique was employed in selecting the respondents from the three manufacturing companies under the study. The data collected were analyzed using descriptive statistic including tables, frequency counts, and percentages as well as mean scores. The findings revealed that the causes of conflict in manufacturing companies in Lagos State, Nigeria include poor means of communicating grievances to top managers, unfavorable economic and industrial policies, poor employee compensation and welfare among others. Therefore, this study concluded that managers should combine strategies such as bargaining, collaboration and avoidance when dealing with industrial conflict to maintain cordial and productive labour-management relationship.

  9. WHY DO COMPANIES FROM EMERGING COUNTRIES MANAGE EARNINGS?

    Directory of Open Access Journals (Sweden)

    Susana Callao

    2017-06-01

    Full Text Available This paper provides evidence in terms of the incentives which lead managers from emerging European countries to manage earnings. In particular, we focused on four Eastern European countries: the Czech Republic, Poland, Hungary and Slovakia, as the majority of studies on earnings management in developing countries were based on the Asian emerging market. The market of developing European countries is still barely explored. After we confirmed that managers from emerging European companies manage earnings, we find that within the different incentives which lead managers to earnings management, the avoidance of debt covenants violations is a strong incentive for managers. Additionally, those firms considered as poor investments (with less value have incentives to manage earnings down as a consequence to opt for market niche. Moreover, emerging Eastern European companies have incentives to flatten earnings of current periods in order to benefit in the future as the source of future nonmanipulated earnings will be insufficient, as they may expect reduced, or at least lower future performance of their companies affected by increasing global competition. Finally, we confirm that privately-owned companies tend to maximize accounting earnings more than state-owned companies because they are in a weaker position related to a specific political and historical factors.

  10. Exchange Rate Exposure Management: "Speculation" in Non-Financial Companies

    DEFF Research Database (Denmark)

    Aabo, Tom

    "Speculation" in non-financial companies in relation to exchange rate exposure management constitutes one of the contributing factors behind corporate (or more widespread) crises. Deviations from benchmark positions constitute speculation. An empirical study of Danish non-financial companies finds...... that the larger the company (ability) and the larger its relative sale on foreign markets (relevance), the more likely the company will be to benchmark its exchange rate exposures. However, at the same time the very same factors (size and foreign sale) lead to more extensive speculation. Financial solvency (value......) does not seem to have a significant effect on the extent of benchmarking / speculation. Additional economic sector effects are only present in the case of speculation where companies in Materials tend to speculate more than other companies....

  11. Customer relationship management influence on sales of selected companies

    OpenAIRE

    Jana Němeček

    2012-01-01

    General awareness of information technology and business strategy Customer Relationship Management (CRM) among managers in the Czech Republic is for several years, but in comparison with Western states of the European Union the Czech companies are underdeveloped. Apparently also because of the economic crisis is CRM in the Czech Republic begins to be used more. The main goal of implementing CRM is to help to company increase the quality of relationship and communication with customers. In thi...

  12. Prevalence of food production systems in school foodservice.

    Science.gov (United States)

    Brown, Denise M

    2005-08-01

    What is the prevalence of central kitchens that use either cook-chill or cook-freeze production systems in school foodservice settings? A descriptive study using a 5-minute telephone survey during normal working hours was conducted. Questions were designed to be easily answered with minimal need to reference other documentation. Five hundred forty school foodservice directors, managers, and supervisors working in school districts of all sizes across the United States were randomly sampled from a national commercial directory of school districts for the study. A total of 353 individuals completed the survey representing 49 of 50 states. Means, standard deviations, and percentages were evaluated for all data collected. Descriptive statistics of school district characteristics, prevalence of production systems, food transport systems, inventory methods and equipment used for reheating food are reported. The most frequently reported production system was on-site kitchens (45.3%) followed by combination production systems (40.5%) where a central kitchen delivered to a number of satellite locations in addition to schools with on-site food preparation. Central kitchens without additional on-site kitchens represented 14.2% of this study. Of those school districts using either central kitchens or combination production systems, 78% reported hot-food preparation using hot-food delivery to satellites. Cook-chill or cook-freeze production systems were reported by 22% of respondents. The high proportion of school districts that prepared and delivered foods hot to satellite sites supports continuing efforts to identify food safety practices and issues related to maintaining food quality in schools.

  13. THE MANAGEMENT OF THE ENERGY COMPANIES

    Directory of Open Access Journals (Sweden)

    Ionescu (Sas Mihaela

    2014-07-01

    Full Text Available This paper aims to contribute to a better knowledge of the problems of energy services provided that both the international economic literature and in the Romanian, it continues to be addressed in a low position. Therefore, the author examines energy services through mechanisms that can be saved primary energy and final energy in the context of declining energy reserves worldwide. Economic and financial crisis and the current recession contribute to preventing the development of the energy services market and solutions on the framework conditions of political, economic, legal and financial aspects of energy performance contracts associated with these companies. Some Member States have already established a system requiring the national energy industry to achieve energy savings, achieving positive results: there were savings of up to 6% of final energy consumption. In a system of this type, utilities are required to obtain a fixed amount of energy savings by implementing energy efficiency improvements in their clients (such as households, companies, government or housing associations and other sectors and energy production and transport. As an alternative to savings by themselves, some systems allow utilities to purchase energy savings from other actors such as energy service companies (ESCOs. Energy saving obligations stimulate providers to change their business model from retail energy products to the provision of energy services. Energy Service Companies continues to be a key area for financing energy efficiency in the EU. In this respect, several Member States mention providing model contracts for energy services, the introduction of legislation or removing legal barriers for ESCO access to energy services in the public sector. Meanwhile, many of the measures encouraged on ESCO contain too little detail on specific actions to be taken.

  14. State of the art in marketing hospital foodservice departments.

    Science.gov (United States)

    Pickens, C W; Shanklin, C W

    1985-11-01

    The purposes of this study were to identify the state of the art relative to the utilization of marketing techniques within hospital foodservice departments throughout the United States and to determine whether any relationships existed between the degree of utilization of marketing techniques and selected demographic characteristics of the foodservice administrators and/or operations. A validated questionnaire was mailed to 600 randomly selected hospital foodservice administrators requesting information related to marketing in their facilities. Forty-five percent of the questionnaires were returned and analyzed for frequency of response and significant relationship between variables. Chi-square was used for nominal data and Spearman rho for ranked data. Approximately 73% of the foodservice administrators stated that marketing was extremely important in the success of a hospital foodservice department. Respondents (79%) further indicated that marketing had become more important in their departments in the past 2 years. Departmental records, professional journals, foodservice suppliers, observation, and surveys were the sources most often used to obtain marketing data, a responsibility generally assumed by the foodservice director (86.2%). Merchandising, public relations, and word-of-mouth reputation were regarded as the most important aspects of marketing. Increased sales, participation, good will, departmental recognition, and employee satisfaction were used most frequently to evaluate the success of implemented marketing techniques. Marketing audits as a means of evaluating the success of marketing were used to a limited extent by the respondents.

  15. Downstream management practices of transnational companies in institutionally vulnerable countries

    DEFF Research Database (Denmark)

    Jørgensen, Michael Søgaard; Milanez, Bruno

    2017-01-01

    Analyses of social and environmental management in transnational product chains focus often upstream on suppliers in socially and institutionally vulnerable countries and these suppliers' hazardous processes. Furthermore focus is on transnational companies' responsibility when they source from...... and environmental management of a Danish pesticide company in vulnerable countries and especially in Brazil. The identified mechanisms are: the transnational company's on-going interpretation of the regulatory and ethical obligations for development and use of its hazardous products in vulnerable countries, path...... dependency and path creation in the business strategy, geographical and organisational coverage of the management systems and practices, the willingness of the company to address social and institutional vulnerability in use countries, and the roles of users and other actors in development and facilitation...

  16. Why Leading Consumer Product Companies Develop Proactive Chemical Management Strategies.

    Science.gov (United States)

    Scruggs, Caroline E; Van Buren, Harry J

    2016-05-01

    Scholars have studied the various pressures that companies face related to socially responsible behavior when stakeholders know the particular social issues under consideration. Many have examined social responsibility in the context of environmental responsibility and the general approaches companies take regarding environmental management. The issue of currently unregulated, but potentially hazardous, chemicals in consumer products is not well understood by the general public, but a number of proactive consumer product companies have voluntarily adopted strategies to minimize use of such chemicals. These companies are exceeding regulatory requirements by restricting from their products chemicals that could harm human or environmental health, despite the fact that these actions are costly. They do not usually advertise the details of their strategies to end consumers. This article uses interviews with senior environmental directors of 20 multinational consumer product companies to investigate why these companies engage in voluntary chemicals management. The authors conclude that the most significant reasons are to achieve a competitive advantage and stay ahead of regulations, manage relationships and maintain legitimacy with stakeholders, and put managerial values into practice. Many of the characteristics related to the case of chemicals management are extendable to other areas of stakeholder management in which risks to stakeholders are either unknown or poorly understood.

  17. Why Leading Consumer Product Companies Develop Proactive Chemical Management Strategies

    Science.gov (United States)

    Scruggs, Caroline E.; Van Buren, Harry J.

    2014-01-01

    Scholars have studied the various pressures that companies face related to socially responsible behavior when stakeholders know the particular social issues under consideration. Many have examined social responsibility in the context of environmental responsibility and the general approaches companies take regarding environmental management. The issue of currently unregulated, but potentially hazardous, chemicals in consumer products is not well understood by the general public, but a number of proactive consumer product companies have voluntarily adopted strategies to minimize use of such chemicals. These companies are exceeding regulatory requirements by restricting from their products chemicals that could harm human or environmental health, despite the fact that these actions are costly. They do not usually advertise the details of their strategies to end consumers. This article uses interviews with senior environmental directors of 20 multinational consumer product companies to investigate why these companies engage in voluntary chemicals management. The authors conclude that the most significant reasons are to achieve a competitive advantage and stay ahead of regulations, manage relationships and maintain legitimacy with stakeholders, and put managerial values into practice. Many of the characteristics related to the case of chemicals management are extendable to other areas of stakeholder management in which risks to stakeholders are either unknown or poorly understood. PMID:27471326

  18. Strategic management in company information centre

    International Nuclear Information System (INIS)

    Judita Kopacikova, J.

    2004-01-01

    The presentation deals with the necessity of strategic management in libraries and information centres, with the process of creation, realization and regulation of settlement of strategic objectives and plans. It analyzes two levels of strategic management - information support of strategic management towards the superior body, provider, top management of the enterprise and organisation and proper strategic management of the information workplace. Marginally it also interferes with the problems of the so-called functional strategies - personal, technical provision and marketing. The current political, economical, social and for librarians and informative workers even information environs are subject to review of continual changes and show the organisations, institutions, enterprises and libraries how to compete successfully in competition. Changes, which are typical for the current period, will continue constantly. Consequently we must try to get them under the control, respond to them elastically, to be ready for them and to expect and predict them. For their managing we keep the modern management tools and methods at disposal - strategic management, TQM, knowledge management, management of human sources, etc. Increasing intensity and change ranges in the environs around us effect exceeding of strategic management demand - strategy. The higher uncertainty of the future development and the more solution alternatives are, the more important demand for strategic thinking and strategic proceeding is. By the strategic management the strategic thinking is the supposition of success and increasing of the effectiveness, performance and quality of products and services are the target. The final outcome is a satisfied customer, reader, user and its purpose is a long-term success in the activity or in the business. (author)

  19. Strategic management in company information centre

    International Nuclear Information System (INIS)

    Judita Kopacikova, J.

    2004-01-01

    The article deals with the necessity of strategic management in libraries and information centres, with the process of creation, realization and regulation of settlement of strategic objectives and plans. It analyzes two levels of strategic management - information support of strategic management towards the superior body, provider, top management of the enterprise and organisation and proper strategic management of the information workplace. Marginally it also interferes with the problems of the so-called functional strategies - personal, technical provision and marketing. The current political, economical, social and for librarians and informative workers even information environs are subject to review of continual changes and show the organisations, institutions, enterprises and libraries how to compete successfully in competition. Changes, which are typical for the current period, will continue constantly. Consequently we must try to get them under the control, respond to them elastically, to be ready for them and to expect and predict them. For their managing we keep the modern management tools and methods at disposal - strategic management, TQM, knowledge management, management of human sources, etc. Increasing intensity and change ranges in the environs around us effect exceeding of strategic management demand - strategy. The higher uncertainty of the future development and the more solution alternatives are, the more important demand for strategic thinking and strategic proceeding is. By the strategic management the strategic thinking is the supposition of success and increasing of the effectiveness, performance and quality of products and services are the target. The final outcome is a satisfied customer, reader, user and its purpose is a long-term success in the activity or in the business. (author)

  20. The formation models logistics management systems product distribution company

    OpenAIRE

    Palchyk, Ihor

    2014-01-01

    In the article describes the peculiarities of the management of the logistics systems, levels of logistic management. Formed scheme logistics-grid companies on the basis of different distribution channels and options sales - the sale of goods by the manufacturer (direct sales) and sales of goods intermediaries. The proposed direction (stages) management of the logistics system of the distribution system associated with the use of the individual management functions. Built client-oriented mode...

  1. The Impact of Total Risk Management on Company's Performance

    OpenAIRE

    Mohammed, Hamdu Kedir; Knapkova, Adriana

    2016-01-01

    Traditionally risk management used to be considered as a means to alleviate perhaps eliminate negative outcomes of exposures. However, the result of this and other empirical studies shows the ability of risk management to go beyond this and respond to market factors which are out of management control in order to control volatilities in earning which ultimately improve corporate performance. The empirical study investigates the relationship between total risk management and company's performa...

  2. Age Management in Danish Companies: What, How, and How Much?

    Directory of Open Access Journals (Sweden)

    Per H. Jensen

    2012-08-01

    Full Text Available This article investigates Danish employers’ behavior in the area of active aging, which is made topical by demographic aging. It describes age management practices and explains why some companies are more prone to employ age management than others. The study is based on a survey conducted among a representative sample of Danish employers, and 609 interviews in total have been carried out. Data have been scrutinized using frequency analysis for descriptive purposes as well as binary logistic regression analysis for explanatory purposes. Findings indicate that structural, cognitive, and action-oriented variables have significance for whether companies develop and employ active age management policies.

  3. Sociosynergistic Management of the Companies. Economic, Energetic and Ecologic Challenge

    Directory of Open Access Journals (Sweden)

    Dušan Turan

    2008-06-01

    Full Text Available Sociosynergistic management is inevitable condition of nanotechnology tendency of value-creating process of the companies in incoming third level of social division of labor. This management is being a product of transdisciplinary nanocognition and nano-projection of the systems there through creates for the management the operation base for system solution of economic effectiveness, energetic friendliness and ecologic safety of material-technological processes of the companies. He uncovers the sociosynergetics as a system entirety in the limits of abstract thinking, notion-categorical communication and knowingly-practical acting of the subject.

  4. Cultural Specifics of Management in Multinational Companies

    OpenAIRE

    Křečková Kroupová, Zuzana

    2002-01-01

    Nowadays the world is becoming increasingly economically connected, and cultural diversity of employees is gaining importance as a crucial competitive advantage. Cross-cultural communication ability is becoming a key management skill in multinational firms and is equally important for other employees who are exposed to other cultures in the workplace. This work mainly focuses on cultural specifics of management in multinational firms. The goal of this thesis is to discover how different natio...

  5. Customer relationship management influence on sales of selected companies

    Directory of Open Access Journals (Sweden)

    Jana Němeček

    2012-01-01

    Full Text Available General awareness of information technology and business strategy Customer Relationship Management (CRM among managers in the Czech Republic is for several years, but in comparison with Western states of the European Union the Czech companies are underdeveloped. Apparently also because of the economic crisis is CRM in the Czech Republic begins to be used more. The main goal of implementing CRM is to help to company increase the quality of relationship and communication with customers. In this article are the most common definitions of CRM.The main content of this article is about the analysing and comparing of Trading Income of selected companies doing business in the Czech Republic. There are compared selected companies with implemented information technology and business strategy CRM with companies without implemented CRM and how it could have an impact to the Trading Income of these selected companies. Has CRM implementation helped to increase the positive Trading Income during the economic crisis? Included is an analysis of Trading Income from 2007 to 2010 for selected companies grouped by number of employees. The conclusion summarizes the analysis of results and assumptions and benefits of CRM.

  6. Creating innovative environment in total quality management system within companies

    OpenAIRE

    Mitreva, Elizabeta

    2009-01-01

    The decision for development of the quality providing system could go in line with the company’s expansion and with the concept of the total quality management (TQM). The most diligent-untouchable assets within the companies are referring to the relation with the customers/consumers, employee’s skills and their knowledge and building an organizational culture tending towards innovations, problem solving and total working promotion. The paper discusses attitude of companies in Mace...

  7. Use of capital budgeting techniques by foodservice directors in for-profit and not-for-profit hospitals.

    Science.gov (United States)

    Daniels, R D; Gregoire, M B

    1993-01-01

    Foodservice directors, who often control one of the largest cost centers in the hospital, are being challenged to manage resources more effectively. Capital budgeting techniques can help enhance a department's cost-effectiveness. The purpose of this study was to assess the use by foodservice directors in nongovernment, not-for-profit and investor-owned, for-profit hospitals of capital budgeting techniques such as payback period, average accounting rate of return, net present value, profitability index, and internal rate of return. Data collected from 84 directors included their use of capital budgeting techniques and operational information about their department. Results indicated that not-for-profit hospital foodservices had significantly more full-time equivalent employees than for-profit hospital foodservices--means of 66 and 52, respectively. Size of capital budget was not strongly correlated with any of the operational variables measured. Many of the directors in both types of hospitals used some capital budgeting techniques. However, directors in for-profit hospitals were much more likely than those in not-for-profit hospitals (92% vs 72%) to use capital budgeting techniques.

  8. The middle manager role in energy company environmental efforts

    Science.gov (United States)

    Fischhoff, Maya E.

    2005-12-01

    This research examines the internal organizational processes determining corporate environmental action. Corporations have a tremendous environmental impact, yet relatively little is known about how employees within them view and work on these issues. The research focused on middle managers, a level of the company whose value is often questioned. Interviews were conducted with 70 middle managers at two energy companies (comprising utilities and unregulated businesses). Interviews examined the shape and significance of middle manager involvement in environmental issues, looking specifically at what issues middle managers deal with, what goals they pursue, and what approaches they use. The research finds middle managers' roles with respect to environmental issues to be far-reaching and complex. Much of their effort is focused on meeting regulatory requirements ("complying"). They are committed to compliance, in part for ethical reasons, but often find regulations frustrating and costly. Compliance is more challenging than commonly thought; it demands time, knowledge, and substantial creativity. In pursuing it, interviewees work with employees throughout the organization. This research shows middle managers interacting with those hierarchically above and below them in ways that greatly modify earlier portrayals of middle managers. Earlier portrayals often emphasized struggles for power within the organization. Here, middle managers work in ways best characterized as collaborative and supportive. Middle managers also have extensive involvement laterally within the company and with groups outside the company. These links have received modest attention in literature, yet are found to be terribly important. Middle managers' lateral efforts inside the company, often on teams, allow diverse expertise (e.g., from people in different functions) to be applied to environmental issues. Documenting middle managers' involvement externally, with governmental officials and sectors

  9. Comparison of students' foodservice satisfaction between Korea and US

    OpenAIRE

    Jeong, Eunkyung; Chun, Youngah; Joo, Nami; Yoon, Ji-young

    2013-01-01

    This study analyzes important factors of foodservice in school through comparison of students' satisfaction of using foodservice in Korea and US in order to meet students' expectations. The survey was composed of 4 categories including menu, service, hygiene, and facility and it was carried out in both countries to evaluate satisfaction. First, comparison of satisfaction between two countries was made using t-test. Secondly, multiple regression was performed to identify factors affecting sati...

  10. Management Accounting in freight-forwarding companies

    DEFF Research Database (Denmark)

    Jensen, Jens Ocksen; Lynggaard, Peter

    2002-01-01

    The article describes the internal business management processes in a freight forwarding compagny on the operative/tactical level. This is done as an explorative study of how these processes are organized in two medium-sized Danish freight-forwarding compagnies....

  11. PERFORMANCE OF HUMAN RESOURCE MANAGEMENT IN AN INTERNATIONALLY OPERATING COMPANY

    Directory of Open Access Journals (Sweden)

    Ladislav Mura

    2012-02-01

    Full Text Available In our days, society is greatly influenced and altered by the process of internationalization andglobalization. Globalization refers to a whole set of changes, not to one single dimensional change.The process of internationalization puts a special and high importance on the work of humanresources managers. In order to remain successful and competitive in the international businessenvironment, companies have to pay close attention to cultural factors. These may considerablydiffer among workers in multinational companies. We are taking a careful look at human resourcemanagement in this new age, and especially at the impact of globalization and internationalization.Our case study is built on the company MOL, specifically on some of the activities it develops in thefield of human resource management: training programmes, personnel motivation, careerdevelopment. We highlight some of the critical aspects of human resources management at MOL,and see what lessons are being learned and what conclusions we can draw.

  12. STRATEGIC MANAGEMENT ACCOUNTING TECHNIQUES IN ROMANIAN COMPANIES: AN EMPIRICAL STUDY

    OpenAIRE

    HATIF Majeed; SADIK Hamza

    2012-01-01

    This study aimed at introducing the methods of strategic management accounting and its role in serving the objectives of contemporary management – strategic management of Romanian organizations, through the study of these methods, and then applied the topic in the field through distributing a questionnaire in a sample of Romanian companies. We used the descriptive analytical approach in the theoretical part of the study, where we tried to showing the most important ideas on the subject of str...

  13. Evaluation of safety management in an Appliances manufacturing company

    Directory of Open Access Journals (Sweden)

    F. Golbabaei

    2015-01-01

    Full Text Available Introduction: Prevention of accidents and work related diseases, are not allowed regardless of the safety of employees, customers, contractors and other persons. Assessment of individual safety management activities could reduce many losses. Present study aimed to evaluate the safety management of a household appliance manufacturing company.  .Material and Method: This study has done in a household appliance manufacturing company in Damavand city. Two questionnaires were firstly designed based on the weighted scores. The questionnaire 1 consisted of 4 indicators: Safety of machinery, Electrical safety, Risk assessment and Fire safety. Questionnaire 2 consisted of 11 sub indicators. Both questionnaires were completed by 30 HSE experts and supervisors. Reliability of questionnaires was based on cronbachs alpha coefficient. the safety status of each unit was determined and scored using information acquired by the questionnaires. Lastly, the safety of the entire company was determined.  .Result: Results showed that in safety management: the pressing and store house were in a good range of 66.66 and 60.12 points. Powder painting, enameling, laboratory were in a average range of 56.25, 55.92 and 54.15 points. Assembling and door storage were in a week range of 46.06 points.  .Conclusion: The findings showed that the safety status in the studied appliances company is in average range with 55.45 points. Therefore, it is recommended that the safety indicators should be improved for the betterment of the safety management in the company.

  14. Cost and Management Accounting Practices: A Survey of Manufacturing Companies

    Directory of Open Access Journals (Sweden)

    Ali UYAR

    2010-11-01

    Full Text Available The purpose of this study is to explore cost and management accounting practices utilized by manufacturing companies operating in Istanbul, Turkey. The sample of the study consists of 61 companies, containing both small and medium-sized enterprises, and large companies. The data collection methodology of the study is questionnaire survey. The content of the questionnaire survey is based on several previous studies. The major findings of the study are as follows: the most widely used product costing method is job costing; the complexity in production poses as the highest ranking difficulty in product costing; the most widely used three overhead allocation bases are prime costs, units produced, and direct labor cost; pricing decisions is the most important area where costing information is used; overall mean of the ratio of overhead to total cost is 34.48 percent for all industries; and the most important three management accounting practices are budgeting, planning and control, and cost-volume-profit analysis. Furthermore, decreasing profitability, increasing costs and competition, and economic crises are the factors, which increase the perceived importance of cost accounting. The findings indicate that companies perceive traditional management accounting tools still important. However, new management accounting practices such as strategic planning, and transfer pricing are perceived less important than traditional ones. Therefore, companies need to improve themselves in this aspect.

  15. Environmental Management in Danish Manufacturing Companies: Attitudes and Action

    DEFF Research Database (Denmark)

    Madsen, Henning; Ulhøi, John Parm

    1996-01-01

    The importance of environmental management has long been recognized, and has, among other things, resulted in a number of national and international recommendations and guidelines for sustainable business practice. However, while several examples of the actual implementation of environmental...... in Danish manufacturing companies. Some of the general results of this survey are presented below. They point to a situation where the major driving factor is legislation and where only few companies have formulated a general environmental policy and written internal environmental guidelines. However, many...... companies have established practical steps in improving their environmental situation but mainly because of the cost saving effect. Only a limited number of companies have introduced techniques which can help them to monitor and control the environmental situation and development....

  16. Consumer relationship management systems in an international company

    Directory of Open Access Journals (Sweden)

    Tomasz Buchwald

    2014-08-01

    Full Text Available As increase in competitiveness between companies leads to pursuit of new ways to communicate between businesses and customers. In order to keep its position in the market a company continuously looks for new marketing solutions. The answer to these searches can be a CRM system.This paper presents the development of an optimal CRM system for the Astor company, which proceeded in the following stages:  analyst team debate, analysis of needs, definition of system functionality and the choice of solution. It also presents the process of the implementation of the CRM system and highlights the benefits. Such a complex process required cooperation between different departments of the company and changes in management skills. The result was a successful implementation of the system.

  17. Key determinants of managing the marketing asset of global companies

    Directory of Open Access Journals (Sweden)

    Tatyana Tsygankova

    2016-12-01

    Full Text Available As a result of organization and summarization of key concepts of evolution of the marketing tools of global companies, the authors determined the role of the marketing assets in the system of modern marketing management (as a dialectically higher stage of development of the analyzed tools, which will allow overcoming the antagonistic contradiction of “P- and C-vectors” of their development. The article identified the optimal set of key elements of the system of marketing assets, which are the brand, customer loyalty, reputation, network cooperation, marketing strategy, internal marketing, marketing information system and marketing innovation. Due to correlation and regression analysis of the impact of each system elements on performance of global companies, the model of the "marketing asset octagon" was built as an integrative management tool. Also, as a result of construction of the said model, the authors identified the most profitable marketing assets, return on investment and development of competencies in the field of efficient management will bring the highest profit to the company. On the basis of summarizing the regional and branch features of managing the disparate elements of the marketing assets of global companies, the key regional and sectoral priorities of formation, development and improvement of existing concepts of the international marketing management were identified, particularly in terms of building an author’s integrative octagon model.

  18. MODELING OF OPTIMUM COMPANY MANAGEMENT STRUCTURE

    Directory of Open Access Journals (Sweden)

    E. V. Shchemeleva

    2007-01-01

    Full Text Available The paper considers one of directions concerning the solution of the problem for optimization of the managerial staff of entrepreneurial structures on the basis of a matrix method of flow theory. The set of tools of the method allows to reduce the number of managers, senior staff and employees of an organization by means of redistribution of time required for performing specific managerial and administrative functions within structural divisions. In this regard an important point is preservation of total duration of an administrative cycle.The effect of the optimization is a reasonable reduction of organization’s funds on labor payment, which is of current importance for the present situation in the Republic of Belarus. Besides, the solution of the specified problem contributes to receiving indirect economic benefits.The suggested method was examined by the author on a concrete example. 

  19. The Evolution of Inventory Management in Manufacturing and Services Companies

    Directory of Open Access Journals (Sweden)

    Gerardo Molinary Fernández

    2000-08-01

    Full Text Available Although inventory management has significantly developed in the past years as a management discipline, its application is still minimal in the service industry and government. In contrast, it is an important tool for any company that is running a competitive business. The management of some companies considers inventory as an asset, not a liability. In addition, in companies in which the use and application of inventory models are common, they can still experience inventory problems. This paper analyzes the weakness of the traditional and most popular inventory model: The Economic Order Quantity model (EOQ. Many of the inventory models available are difficult to understand because they are based on complicate mathematical and statistical formulas. The benefits that computer software have simplifying the use of mathematical formulas are diminished because some of them do not include special applications or solutions when a variation in the assumption of the models is present. When a company implements The Just in Time philosophy (JIT, the management of inventory does not rest in complex formulas. Inventory experts need to emphasize the application of the models instead of the statistical derivation. They also need to be more aggressive in making managers, students and government authorities more aware of managing the inventory levels effectively. The responsibility of good inventory levels is not the sole task of the Operations Department, but the obligation of all the people in a company. Good inventory levels are now a measure of business competitiveness. The goal must be to increase the service level and at the same time reduce the inventory investment.

  20. 7 CFR 210.16 - Food service management companies.

    Science.gov (United States)

    2010-01-01

    ... at time of delivery, do not meet detailed specifications as developed by the school food authority..., ingredients, formulations, and delivery time. (d) Duration of contract. The contract between a school food... 7 Agriculture 4 2010-01-01 2010-01-01 false Food service management companies. 210.16 Section 210...

  1. Does human resource management help a company's financial operating result?

    NARCIS (Netherlands)

    van Otterlo, Rob C.H.

    2013-01-01

    Human Resource Management (HRM) is widely believed to have a positive effect on the performance of company. However, empirical proof of this is hard to come by. In this study, we try to establish a linkage between HRM and financial output of two case studies in the profit sector. To do this, we have

  2. Have Trends in Corporate Environmental Management Influenced Companies' Competitiveness?

    DEFF Research Database (Denmark)

    Madsen, Henning; Ulhøi, John Parm

    2006-01-01

    Over the past two to three decades, corporate environmental management has gradually developed into a more mature discipline. Many companies have incorporated environmental considerations into their activities in order to eliminate or reduce the impact of these activities on the natural environment...

  3. Interrelation of Lean and Green Management in Croatian Manufacturing Companies

    Directory of Open Access Journals (Sweden)

    Miro Hegedić

    2018-03-01

    Full Text Available The goal of this article is to explore the link between lean and green management, reasons for their implementation, their effect throughout the whole life cycle, as well as the current state of use of lean tools, economic and environmental indicators in the context of Croatian manufacturing companies. A semi-structured interview was used in this research. As a result, the frequency of economic and environmental performance indicators and lean tools in Croatian companies has been defined, as well as the reasons for the implementation of lean management. Additionally, the understanding of the use of Life Cycle Assessment methods, environmental standards has been obtained and the integration of lean and green management in Croatian companies has been explored. Further on, results were compared to the similar study done in the UK. Finally, it can be concluded that the integration of lean and green management is not yet sufficiently present in manufacturing companies, although there are cases in which these two approaches are integrated, primarily in the process and food industry. It is for these reasons that in the integration of these two approaches lies great potential.

  4. Strategies for Talent Management: Greater Philadelphia Companies in Action

    Science.gov (United States)

    Council for Adult and Experiential Learning (NJ1), 2008

    2008-01-01

    Human capital is one of the critical issues that impacts the Greater Philadelphia region's ability to grow and prosper. The CEO Council for Growth (CEO Council) is committed to ensuring a steady and talented supply of quality workers for this region. "Strategies for Talent Management: Greater Philadelphia Companies in Action" provides…

  5. Increasing competitiveness of service companies: developing conceptual models for implementing Lean Management in service companies

    OpenAIRE

    Damrath, Felix

    2012-01-01

    Lean management is a philosophy focused on identifying and eliminating waste throughout a product’s entire value stream. It originates from the manufacturing system of Japanese automotive manufacturer Toyota and attracted due to its tremendous success widespread attention worldwide. Lean promises significant benefits in terms of waste reduction, and increased organizational and supply chain communication and integration.Generally, in terms of operations and improvements service companies are ...

  6. Strategic Management of Multinational Companies: Case of Hilton

    OpenAIRE

    Ahsan, Lubna; Qazi, Burhan; Syed, Shahabuddin

    2014-01-01

    The concept of strategic management is extremely broad and there are numerous concepts that specifically stride under this particular aspect. The effectiveness of this particular field lies with the concept that how effectively it is utilized and implements the methods and models of strategic management, therefore organizations should be ready to confirm their growth and compete with other organizations operating in the same line of business. Hilton Worldwide is the company which has been sel...

  7. Knowledge Integrated Business Process Management for Third Party Logistics Companies

    OpenAIRE

    Zhang, Hongyan

    2013-01-01

    The growing importance of logistics as well as the increasing dynamic complexity of markets, technologies, and customer needs has brought great challenges to logistics. In order to focus on their core competency in such a competitive environment, more and more companies have outsourced a part or the entirety of the logistics process to third party logistics (3PL) service providers. 3PL has played a crucial role in managing logistics processes within supply chain management. Logistics processe...

  8. INFORMATION FLOW IN SUPPLY CHAIN MANAGEMENT WITH AN EXAMPLE OF WASTE MANAGEMENT COMPANY

    OpenAIRE

    Joanna Nowakowska-Grunt; Janusz Grabara

    2007-01-01

    The paper presents information flow process in management of supply chains. Authors notices information flows as a driving element of the global supply chain. Authors points also on the logistics aspects in supply chain of waste management company

  9. Management of risks at the insurance companies and solvency II

    Directory of Open Access Journals (Sweden)

    Sokić Miro

    2016-01-01

    Full Text Available If we assume that the key determination of each insurance company is in increasing the competitiveness of the offer of insurance services, growth in the market share and making a profit, the question is how and by what methods these pretty often opposite goals are possible to achieve in the most efficient way. In addition to the traditional approach of increasing the insurance portfolio, and consequently the total insurance funds, the basic condition for enhancing the positioning of insurance companies in the insurance market is a quality risk managing, with which every insurance company faces in its business. The growing internationalization and the concentration of the insurance business, the emergence of new risks, as well as the need for an integral comprehension of all risks with which insurers face in their business, have led to the definition of a new project for regulation of the solvency of insurance and reinsurance companies at EU level - Solvency II. Just because of this, the subject of this study is a field of risk management in insurance companies, with emphasis on the role and importance of the new regime for regulation. The subject is insufficiently present in scientific research circles and it is imperative of the present time, in order to readily go to meet changes and wait for the mandatory implementation in the time ahead of us. It will be pointed to the basic shortcomings of the previous model, better known as Solvency I, and introduced a new system of measuring solvency, based on risk. The unique rules will also be determined for measuring solvency of insurance companies which encourage insurers to implement risk management activities and develop their own models for risk quantification. The essence of the new model, better known as Solvency II, is a comprehensive analysis of all risks that the insurer meets, and not just those who are assumed to be insured.

  10. Does human resource management help a company's financial operating result?

    OpenAIRE

    van Otterlo, Rob C.H.

    2013-01-01

    Human Resource Management (HRM) is widely believed to have a positive effect on the performance of company. However, empirical proof of this is hard to come by. In this study, we try to establish a linkage between HRM and financial output of two case studies in the profit sector. To do this, we have developed a performance measurement system that is tailored to the specific needs of measuring HRM-performance in for-profit of company. Although we do not try to generalize the outcome of this st...

  11. IT Project Management in Very Small Software Companies

    DEFF Research Database (Denmark)

    Shakir, Shahid Nadeem; Nørbjerg, Jacob

    2013-01-01

    In developing countries very small software companies (VSSCs) with only 1-10 employees play an important role both in the local economy and as providers of software and services to customers in other parts of the world. Understanding and improving their IT project management (ITPM) practices...... study of seven Pakistani VSSCs. We find that some Pakistani ITPM practices are similar to what is reported from VSSCs in other parts of the world, while others seem to be related to the companies' position in the global software development chain. This paper is part of a larger research project aiming...

  12. Value-oriented risk management of insurance companies

    CERN Document Server

    Kriele, Marcus

    2014-01-01

    Value- and risk-oriented management is a holistic method of managing businesses. In this book both actuarial methods and methods pertaining to classical internal control and classical risk management are used. Therefore the approach taken is necessarily interdisciplinary. Indeed, there is a new dynamically developing field for actuaries as a result of the emphasis now on the measurement of risk. This book provides the required basic knowledge for this subject from an actuarial perspective. It enables the reader to implement in practice a risk management system that is based on quantitative methods. With this book, the reader will additionally be able to critically appraise the applicability and the limits of the methods used in modern risk management. Value- Oriented Risk Management of Insurance Companies focuses on risk capital, capital allocation, performance measurement and value-oriented management. It also makes a connection to regulatory developments (for example, Solvency II). The reader should have...

  13. Treasury Financial Management company in the current economic crisis

    Directory of Open Access Journals (Sweden)

    FLOAREA GEORGESCU

    2015-03-01

    Full Text Available Abstract. Any management decision has a direct monetary impact on the structure uses and sources of cash. Cash Management aims to permanently maintain a balance between inflows and outflows of cash and cash to predict the impact of any operational decisions that could affect these flows. The success of any business requires good management of all these flows. The principle of this approach is relatively simple: using a minimum of ores to obtain maximum performance in a given period. Cash management is an extremely complex issue, and balancing receipts and payments flow is a constant struggle for survival of firms. In It work we will focus on how they are oriented in a going concern basis, cash inflows and financing needs of current operations. Managers should understand and know the specific movements of cash within the business system, driven daily decisions on operating, investing or financing, and a variety of external circumstances which affect the company. Such decisions and events can affect the company's ability to pay its obligations to obtain credit from suppliers, banks or credit institutions and to maintain an operational level in line with the company's products and services through investments.

  14. Overcoming mixed waste management obstacles - A company wide approach

    International Nuclear Information System (INIS)

    Buckley, R.N.

    1996-01-01

    The dual regulation of mixed waste by the Nuclear Regulatory Commission and the Environmental Protection Agency has significantly complicated the treatment, storage and disposal of this waste. Because of the limited treatment and disposal options available, facilities generating mixed waste are also being forced to acquire storage permits to meet requirements associated with the Resource Conservation and Recovery Act. Due to the burdens imposed by the regulatory climate, Entergy Operations has undertaken a proactive approach to managing its mixed waste. Their approach is company wide and simplistic in nature. Utilizing the peer groups to develop strategies and a company wide procedure for guidance on mixed waste activities, they have focused on areas where they have the most control and can achieve the greatest benefits from their efforts. A key aspect of the program includes training and employee awareness regarding mixed waste minimization practices. In addition, Entergy Operations is optimizing the implementation of regulatory provisions that facilitate more flexible management practices for mixed waste. This presentation focuses on the team approach to developing mixed waste managements programs and the utilization of innovative thinking and planning to minimize the regulatory burdens. It will also describe management practices and philosophies that have provided more flexibility in implementing a safe and effective company wide mixed waste management program

  15. Environmental management and operational performance in automotive companies in Brazil

    DEFF Research Database (Denmark)

    Jabbour, C.J.C.; De Sousa Jabbour, A.B.L.; Govindan, Kannan

    2013-01-01

    The main objective of this study is to verify the influence of Environmental Management (EM) on Operational Performance (OP) in Brazilian automotive companies, analyzing whether Lean Manufacturing (LM) and Human Resources (HR) interfere in the greening of these companies. Therefore, a conceptual...... framework listing these concepts was proposed, and three research hypotheses were presented. A questionnaire was elaborated based on this theoretical background and sent to respondents occupying the highest positions in the production/operations areas of Brazilian automotive companies. The data, collected....... The originality of this paper lies in its gathering the concepts of EM, LM, HR and OP in a single study, as they generally tend not to be treated jointly. This paper also provided valid empirical evidence for a littlestudied context: the Brazilian automotive sector....

  16. INTEGRATED SYSTEMS FOR PLANNING AND RESOURCES MANAGEMENT IN COMPANIES

    Directory of Open Access Journals (Sweden)

    Balaban Mihai

    2014-07-01

    Full Text Available Information is one of the most valuable resources of a company, since with it and around it the whole set of business processes unfold within companies. Till using internet companies were eager to find information that was necessary for the functioning and development of the company; now things have changed radically: the information is abundant and is provided through all possible channels; today, in order to thrive you have to „choose" and to filter the information to remain competitive on the market you are active on. The performance of an enterprise is influenced by its ability to adapt itself to the environment, by the effectiveness of its actions in capitalizing opportunities, by its ability to cope with adverse situations and risks. Information management is a process that analyzes the previously collected information and then the information is used by managers to make decisions or as a base for their decisions. Information in management is the information that is necessary for making managerial decisions. Distribution or Information Flow: in order for it to be used appropriately, information should be exchanged between the various participants in the project. Other parts involved in the project may also use this information in making their own decisions. This way they can help those who collect information to determine its usefulness for the management. For management, information is an integral part of monitoring because it is obtained during monitoring and helps in planning and implementing its activities. The problem and the reason of this study is to increase awareness of the need for implementation of ERP solutions, primarily, and secondly to share observations with regard to this issue as well as the evolution of acceptance and integration in Romania of such integrated solutions. The effectiveness of information management and knowledge management is urgently needed to assure a continuous organizational survival and the

  17. Managing IT Projects in Public Companies: A Case Study

    Directory of Open Access Journals (Sweden)

    Bouras, A.

    2014-07-01

    Full Text Available As part of its public sector modernization effort, a North African government has put a lot of effort and allocated significant budgets since 1997 to modernize one of its main public sector companies. Consequently, this company, that mainly offers postal services, initiated many IT-based projects to computerize all paper-based ongoing services offered through its branches and to present new products to customers. This company was aiming to improve service quality and to diversify the range of its services. However, some of these IT-based projects inevitably faced problems. Some projects were either not completed successfully, cancelled, over-budget or taking more time than scheduled. As a result, many employees and customers of this company were dissatisfied and complained about bad planning, slowness and significant disruptions in these projects, an event that affected adversely the quality of service. This study aims at determining the causes of these project disruptions, failures or delays. To achieve this aim, 30 experienced project developers and engineers working in that company’s IT department volunteered to respond to a detailed questionnaire specifically developed for this purpose. The questionnaire included questions about project vision clarity, time/cost management, project quality assurance, risk management and human resources management. Results show that the main reasons for disruptions, failure or delays in IT projects are lack of business plan and poor documentation during and after finishing projects, lack of clear quality assurance criteria, standards and reviews, and poor project risk management practices. Ramifications of such results in terms of improving IT project management practices in the public service sector are finally presented.

  18. Inventory management of spare parts in an energy company

    Energy Technology Data Exchange (ETDEWEB)

    Guajardo, Mario; Roennqvist, Mikael; Halvorsen, Ann Mari; Kallevik, Svein Inge

    2012-06-15

    We address a problem of inventory management of spare parts in the context of a large energy company, producer of oil and gas. Spare parts are critical for assuring operational conditions in offshore platforms. About 200,000 different items are held in several inventory plants. The inventory system implemented at the company corresponds to a min-max system. The control parameters are decided based mainly on the expert judgment of the planners. Also, though the inventory plants can in practice be supplied from each other, the inventory planning is performed separately by the plant planners. This is because of different ownership structures where the studied company has the operative responsibility. The company is pursuing a system in which all planners conform to the same inventory management approach and evaluation, as well as being more cost efficient. Our work focuses on supporting this goal. We apply methods to decide the inventory control parameters for this system under a service level constraint. The methodology we use distinguishes unit-size and lot-size demand cases. We perform computational experiments to find control parameters for a sample of items. After the control parameters are found, we use them to explore the impact of risk pooling among the plants and inaccuracy arising from duplicate item codes.(Author)

  19. Knowledge management for mining companies; Wissensmanagement fuer Bergbauunternehmen

    Energy Technology Data Exchange (ETDEWEB)

    Kretschmann, J. [RAG AG, Aachen (Germany). Ressort Belegschaft

    2000-08-10

    The knowledge of employees of a company is the basis of all actions and decisions in the company and all existing (core) competences, which flow into products and services. Existing advantages in knowledge can be converted into competitive advantages by forward looking knowledge management. In addition there is an opportunity for increases in efficiency, creativity and quality. Locally different but often comparable boundary conditions, which are associated with similar problems, solutions, decisions and actions, prevail in the individual mines worldwide. Hence, knowledge management in international mining companies or joint ventures can contribute to the availability and use of knowledge relevant to value creation without delay in all company divisions. (orig.) [German] Das Wissen der Beschaeftigten ist die Grundlage aller im Unternehmen getaetigten Handlungen und Entscheidungen und aller (Kern-)Kompetenzen, die in Produkte und Dienstleistungen einfliessen. Durch ein zukunftsorientiertes Wissensmanagement lassen sich vorhandene Wissensvorspruenge in Wettbewerbsvorteile umwandeln. Es bietet zudem die Chance fuer Effizienz-, Kreativitaets- und Qualitaetssteigerungen. Im Bergbau herrschen weltweit in den einzelnen Bergwerken zwar lokal unterschiedliche, aber oftmals doch vergleichbare Rahmenbedingungen vor, die mit aehnlichen Problemen, Loesungen, Entscheidungen und Handlungen verbunden sind. Deshalb kann Wissensmanagement in international agierenden Bergbauunternehmen oder Kooperationen dazu beitragen, dass wertschoepfungsrelevantes Wissen ohne Zeitverzug in allen Unternehmensbereichen zur Verfuegung steht und genutzt wird. (orig.)

  20. Evaluation of teaching methods for the company management course

    Directory of Open Access Journals (Sweden)

    Mirjana Ivanuša Bezjak

    2006-12-01

    Full Text Available Teaching process depends on its contents, professional and didactical realization. Successful combination of these three factors is a condition to reach a quality-based objective of the pedagogical process on one side and having successfully passed the exam on the other side. Nevertheless, teachers' aims are to encourage students to use their acquired knowledge, and develop a new viewpoint of work in their professional life. In this discussion the evaluation of didactical realization of the Company Management Course in a higher educational program for commerce is presented. The results of the questionnaire and their analysis are represented. Mentioned data is feedback information, which the teachers find useful to improve their skills in Company Management Course in the following academic year. The reader of this discussion will be able to get new ideas for modernization of his or her didactical methods of teaching.

  1. Effective management of construction company in terms of linguistic communication

    Science.gov (United States)

    Shirina, Elena; Gaybarian, Olga; Myasischev, Georg

    2017-10-01

    The research presented here has been made over the years in the field of increasing the effectiveness of management in a construction company in terms of applied linguistics. The aim of this work is to share with the scientific community some practical findings of applying the technology of process management of the company, in particular the methods of linguistic efficiency considering the factors of the linguistic personality of the employee. The study deals with the description of applied linguistic and managerial models, views, practical results of their application in the applied field in order to assess production sustainability and minimize losses. The authors applied the developed technology to practical use, and the article presents the results of this application. The authors continue the research in this direction aiming at improving the production effectiveness of the proposed technologies and eliminating some identified drawback.

  2. Factors Effect Direct Cost of Hospital Foodservices and Approximate Cost Analyze

    Directory of Open Access Journals (Sweden)

    Fatma Çelik

    2006-01-01

    Full Text Available The aim of this study was to investigate the cost of foodservice for the university hospital by taking into account of the criteria’s of well diet balanced using information technology. The data explain cost of food were obtained from input, output of hospital food barn that processed by hospital information system for 1995, 2000-2004 years. All details for calculating the net expenditure of food and direct cost of nutrition services were obtained from hospital information system that records all data on line. The energy and nutrient values of daily food served were calculated using the output of hospital food barn by the computer software that was developed. It was found that, our hospital catering system supplied a daily food ration of 2728 kcal and 98,1 gr protein/person in 2004.It has found that the cost of food was increased 10 times from 1995 to 2004. The expenditure of food groups that used in the hospital was 58.96% percent in the total cost of all nutrition services. The big part (28.92% of food expenditure was red meat and pulses. It has been thought that the daily approximate food cost for per person was 3,15 YTL. The total approximate cost could be estimated by adding the cost of staffs and the various managing expenditures to the approximate food cost. These data would be used to make the hospital foodservices private.In conclusion, to be successful in managing hospital food services depends on regular inspection and to take all costs under control daily. To present the results of cost analysis for hospitals will increase the quality of foodservices and will be possible to compare with the others.

  3. Audit as Key Element of System Management Improvement in Company

    Directory of Open Access Journals (Sweden)

    L. Wojtynek

    2007-07-01

    Full Text Available This article presents what is an audit for a company, tries to regularize the quality audits, presents main differences between separate types of audits and between audit and control. There are also some exemplary types of nonconformance in a company. Each system has a risk of deficiencies. They can result from material defects or human imperfection. A good quality system should allow the company to detect them in an organized and systematical manner. It guarantees that the irregularities will be removed before they cause a defective production. Quality management consists of planning the quality via quality plans, control and research plans, and supervision and verification by audits and controls. The objective of this paper is to present a special message of audit for organizations which is the improvement of management system in company. Quality audit is used with reference to quality system and its elements, to process, products and services. It compares the real values with expected ones with reference to the activities connected with quality and their results, and planned data. Thanks to quality audits, it is possible to state if the quality management instruments achieve the desired effect. Quality audit can be conducted for the internal and external purposes. One of the quality audit purposes is to estimate if the improvement is necessary or to take corrective actions. The universality of audit, which is completed by periodic system review preformed by head management, allows the use of its application effects both on the strategic and operational effects. Audit is often misled with quality monitoring or control, i.e. activities which aim to control the process or accept the product. Therefore this paper shows the differences between the notions. The information used to conduct an audit is only based on facts (evidence objective, which really exist, independent on emotions or prejudice. They can be documented, declared, based on observed

  4. The system of quality costs management in the chosen company

    OpenAIRE

    TONDLOVÁ, Kateřina

    2012-01-01

    The quality of products is the biggest competitive advantage that a company can achieve. The definition states that quality is the degree of compliance requirement with a set of inherent characteristics. The importance of quality have very increased in recent years - quality is a decisive factor for stable economic growth of enterprises, management quality is the most important protective factor of the loss of markets, quality is a major source of saving materials and energy, the quality affe...

  5. Managing Knowledge within the Small and Midsized Companies

    Directory of Open Access Journals (Sweden)

    2007-01-01

    Full Text Available In the post decade the business environment was altered with direct impact to the way business organized and managed. The ability to capture and harness corporate knowledge has become critical for firms as they seek to adapt to changes in the business environment. Business rules management systems [BRMS] allows separating out the business logic and changing rules without impacting the remainder of the application, offering in that way a solution to faster adapt the informatic systems to changes. BRMS adds decision capabilities to application and workflow-type processes. Generally, small to midsized business budgets don’t allow for rip-and-replace approach and the software licensing can be prohibitive and restrictive too, leaving to that few options for complete information management. This paper introduces business rules, business rules management system together with a cheaper solution that can be used by almost small and midsized companies to manage their knowledge and support the decision making process.

  6. Proposal of a referential Enterprise Architecture management framework for companies

    Directory of Open Access Journals (Sweden)

    César Esquetini Cáceres

    2014-12-01

    Full Text Available (Received: 2014/11/26 - Accepted: 2014/12/17Enterprise Architecture (EA is conceived nowadays as an essential management activity to visualize and evaluate the future direction of a company. The objective of this paper is to make a literature review on EA to evaluate its role as management tool. It is also explained how EA can fulfill two fundamental purposes, first as a tool for assessing the current situation (self-assessment of an organization; second as a tool to model and simulate future scenarios that allow better decision making for the restructuration and development of improvement plans. Furthermore an analysis is made of the integration possibilities of EA with other business management methodologies, as balanced score card (BSC and the model of the European Foundation for Quality Management (EFQM. As the result a management framework is presented, which includes the required elements to achieve excellence and quality standards in organizations.

  7. Workplace foodservice; perception of quality and trust.

    Science.gov (United States)

    Price, Sarah; Hartwell, Heather; Hemingway, Ann; Chapleo, Chris

    2016-02-01

    In settings such as workplaces there is a growing acceptance that the food provided has a significant impact on health and wellbeing. This is a captive environment where the overall contribution of the meal served could be an important element of the overall diet and represents an under researched area. Despite growing demand, little information is available; time pressure when making food choice alongside the challenge of understanding information provided can act as barriers for healthy selection and can also decrease confidence in the food system. We would also argue that the fundamental human right of informing consumers what they are eating is not currently being addressed and is underscored. This study used focus groups to explore criteria that motivate peoples' food choice in a workplace foodservice setting. Thematic analysis was applied to categorise data according to frequently occurring responses. Data were collected from four focus groups in Germany and the UK with a total of 23 participants. Although there is little expectation in the quality of food served in the workplace, respondents valued any transparency of information and the opportunity to socialise with other work colleagues. Criteria of importance were identified as: Value for money, Variety, Naturalness, Nutrition, Portion Size, Taste, Visual Appearance, Origin, Animal welfare, Environmental impact, Fair Trade and Organic. Gaining insight into these criteria can enable operators to meet the needs and expectations of their customers in order to increase confidence in the food provided and in addition signpost a healthier selection. Copyright © 2015 Elsevier Ltd. All rights reserved.

  8. Westinghouse Hanford Company risk management strategy for retired surplus facilities

    International Nuclear Information System (INIS)

    Taylor, W.E.; Coles, G.A.; Shultz, M.V.; Egge, R.G.

    1993-09-01

    This paper describes an approach that facilitates management of personnel safety and environmental release risk from retired, surplus Westinghouse Hanford Company-managed facilities during the predemolition time frame. These facilities are located in the 100 and 200 Areas of the 1,450-km 2 (570-mi 2 ) Hanford Site in Richland, Washington. The production reactors are located in the 100 Area and the chemical separation facilities are located in the 200 Area. This paper also includes a description of the risk evaluation process, shows applicable results, and includes a description of comparison costs for different risk reduction options

  9. LCA for assessing the environmental performance of a company with the environmental management system ISO 14000

    International Nuclear Information System (INIS)

    Rigamonti, L.; Perotto, E.

    2008-01-01

    The environmental management system is an ordered pattern to treat and manage environmental issues and to improve the environmental performance of companies. It is proposed an example of application of LCA to a manufacturing company with ISO 14000. [it

  10. The Dilemmas over Credit Policy Management in a Company

    Directory of Open Access Journals (Sweden)

    Maria Gorczyńska

    2013-11-01

    Full Text Available Purpose of the article: The paper identifies the core dilemmas over the establishment of the credit policy in a company. It considers the general scope and basic stages of credit policy management and analyses each stage of credit policy in terms of decisive aspects. The main areas of concerns are discussed within the settlement of credit policy and its implementation with regard to the model of optimal credit policy. Scientific aim: The paper aims at constructing a unified model of issues rising dilemmas while setting and implementing the credit policy management. It also aims at identifying core decisive problems in each of these fields and at providing a structured questions framework. Methodology/methods: The paper is based on conceptual analysis and deduction of the literature and general review of issues related to credit policy management. It containts autors’ own view on the problems included in each stage of credit policy management. Findings: Credit policy management is a subject for numerous dilemmas. The main areas of concerns are related to: the decision about the goal of credit policy managemet with regard to its restrictiveness, the settlement of credit policy with regard to elements of credit policy, and finally the implementation with regard to the risk of bad debts occurrence. Conclusions: (limits, implications etc The establishment of credit policy in a company requires to balance contrary interests and thus involves wide variety of issues to be considered. The presented model of decisive problems might be applied in each company regardless to their size.

  11. SUPPLY CHAIN MANAGEMENT: SOME INSIGHTS FROM INDIAN MANUFACTURING COMPANIES

    Directory of Open Access Journals (Sweden)

    Sanjay Jharkharia

    2004-01-01

    Full Text Available Some issues such as inventory management, IT-enablement of supply chains, and buyer-supplier relationships are at the core of supply chain research. Some other issues such as postponement, top management commitment, and disparities in trading partners' capability influence these core issues. Some hypotheses have been proposed to assess such influences. Through a questionnaire-based survey for Indian manufacturing companies, these hypotheses have been tested. It is observed from this research that information sharing and top management commitment have important roles towards the effectiveness of a supply chain. The findings also establish relationships among many important issues of supply chain management. The paper ends with the discussion and implications of this research.

  12. The Possibilities of Reducing Food Choice to Improve the Performance of College Foodservices.

    Science.gov (United States)

    Mirosa, Miranda; Loh, Joanne; Spence, Heather

    2016-07-01

    College administrative and management leaders, foodservice personnel, and student residents value social, nutritional, financial, and environmental sustainability in their dining expectations. Menu choice reduction looks promising as a strategy to achieve these goals. However, foodservice research about dominant attitudes across these stakeholders is limited. To identify qualitative views from all stakeholders about choice reduction to ensure that any changes to the meal service are not to the detriment of consumer satisfaction. A comprehensive list of 74 statements representing the spectrum of attitudes surrounding choice was generated by searching a variety of resources, including academic literature and Internet sites, and by conducting semistructured interviews with stakeholders. A final set of 42 statements resulted from researcher scrutiny for optimum balance, clarity, appropriateness, simplicity, and applicability. A new sample of participants was then asked to sort these 42 statements into a normal distribution grid from "strongly disagree" to "strongly agree." A purposive convenience sample of stakeholders (staff n=5 and residents n=4) was used to identify statements about choice reduction. A second sample of stakeholders (staff n=6 and residents n=29) were recruited to sort the final 42 statements. Q methodology analysis techniques were used. This involved conducting a by-person factor analysis, using the centroid factor extraction method because of the permissiveness it allows for data exploration. A varimax factor rotation to enhance interpretability of the results identified shared viewpoints. Three dominant viewpoints toward the possibility of choice reduction in the meal service were identified. Factor 1 was "health driven" (in which healthiness was paramount). Factor 2 was "variety seekers" (in which choice had instrumental value). Factor 3 was "choice lovers" (in which choice had intrinsic value). Although participants could see a number of

  13. Fuel cells and electricity companies - new risk management opportunities

    International Nuclear Information System (INIS)

    Whale, M.

    2004-01-01

    'Full text:' Deregulation, distributed generation, combined heat and power, renewables, fuel cells, hydrogen. Power companies are facing a rapidly evolving environment that is testing their ability to effectively deploy capital and earn profits. While recent deregulation trends have shifted the structure of power markets into separating generators from distributors, the improving economic value proposition offered by smaller scale distributed generation technologies - such as fuel cells - would seem to be a conflicting development. In this complex and changing environment, decisions based on the economic reality of the capital markets are likely to prevail. By examining the opportunity to enhance risk management offered by stationary fuel cells, particularly in CHP applications, we provide a context for the issues being discussed in today's sessions focusing on power companies and electric utilities. Our risk management perspective suggests a pathway for implementing fuel cells in combined heat and power applications that large power generators can introduce in increasingly smaller sizes. With capital costs of fuel cells high and risk tolerance of power companies low, the challenge for smaller technology developers will be to reduce the apparently long time horizon that persists for substantial deployment. (author)

  14. IFRS ADOPTION AND EARNINGS MANAGEMENT IN BRAZILIAN PUBLICLY TRADED COMPANIES

    Directory of Open Access Journals (Sweden)

    Roberto Midoguti Joia

    2014-03-01

    Full Text Available In 2007, Brazil adopted the International Financial Reporting Standards (IFRS. Studies involving publicly traded companies in different countries around the world indicate that these new standards tend to improve the information quality and make it more comparable and transparent. This study was aimed at verifying any changes in the earnings management levels after 2010 and whether this happened in function of the full adoption of the IFRS by the Brazilian publicly traded companies (except for financial institutions. The data were extracted from the three-monthly financial statements of the databases from Economática and the Brazilian Securities Commission for the period from 2006 till 2011. To achieve the research objectives, two tests were applied. The first showed that the average discretionary accruals, calculated through the Modified Jones Model, were lower after 2010. Next, the regression analysis was elaborated, using panel data with Newey-West’s correction. The results did not confirm the hypothesis that the adoption of the IFRS affected the earnings management level in the period under analysis, but showed that the size and indebtedness significantly explain the discretionary accruals, independently of the adoption of the IFRS. The results suggest that larger companies with a large proportion of own capital tend to produce higher quality reports, independently of the adoption of the IFRS.

  15. Social Business Process Management: Croatian IT Company Case Study

    Directory of Open Access Journals (Sweden)

    Vukšić Vesna Bosilj

    2017-03-01

    Full Text Available Background: Social business process management is an integration of social software into the business process management (BPM. Its main goal is to overcome the limitations of classical BPM by applying social software principles within the BPM lifecycle. Since BPM is a holistic discipline it is important to also include cultural and social aspects into BPM studies. Objectives: The main aim of this paper is to examine the link between organizational culture, social software usage and BPM maturity in the observed company. Methods/Approach: A case study methodology has been used for this study. An interview has been conducted in combination with a survey approach. Results: Results of the research revealed a high usage of social BPM within the observed company in combination with a high level of BPM maturity and a clan organizational culture. Conclusions: The observed IT company has knowledge intensive processes and uses social BPM to deal with the process change and optimization. The clan culture is, by its characteristics, a favourable organizational culture for social BPM.

  16. Managing key capabilities: A challenge for nuclear plant building companies

    International Nuclear Information System (INIS)

    Pascal Corbel

    2003-01-01

    The nuclear plant building industry faces a paradoxical situation. The use of nuclear reactors to produce energy for civil purposes is both a promising technology, with potentially huge outlets, and a technology facing declining demand. One of the key problems is then: how to maintain the capabilities necessary to benefit from the potential recovery? The resource-based view of strategic management has shown the importance of different types of resources and capabilities in gaining a sustainable competitive advantage. Successful incumbents in the market of nuclear station building have built those kinds of distinctive capabilities that give them a competitive advantage over potential new entrants. But we show that, without a permanent activity in plant building, preserving those capabilities necessitates specific strategic action. We firstly develop the argument that the nuclear plant building industry is in a paradoxical situation in terms of demand and technical performance trends. Secondly, we try to identify the key capabilities of the incumbents. We show that companies in that field use mainly three types of distinctive capabilities: pure technical and scientific knowledge in direct relation to the use of nuclear as an energy generator, competences in risk management and competences in large project management, including financing. Thirdly, we show that although some of those capabilities are used through other nuclear-related activities such as plant maintenance or fuel supply, some of them necessitate taking strategic actions in order to be preserved. We argue that this should be a priority of nuclear equipment company managers in the next few years. (author)

  17. The Knowledge Management for Innovation Processes for SME Sector Companies

    Directory of Open Access Journals (Sweden)

    Tomasz Norek

    2013-01-01

    Full Text Available The complexity and variability of the modern economy means that the informationbecomes a key resource, essential for the proper functioning of anyenterprise and in the broader sense of the country and the national economy.Currently, practically all areas of modern economics are grappling withthe problem of information management, both in theory and practice. It isespecially visible in the attempts to support knowledge management in theareas, which are considered core from the viewpoint of increasing marketcompetitiveness of the company. Knowledge management in the field of company’sinnovative potential or in the area of intellectual capital may serve asan example. This situation forces the search for new solutions of knowledgemanagement in the field of research and evaluation of the innovative potentialof companies. The main purpose of this article is to present an Internetplatform for innovation audit, as a tool which supports knowledge management.An additional goal of this article is to present the preliminary results ofa research carried out by means of the described tools.

  18. The Crisis Management Practices of Australian Construction Companies

    Directory of Open Access Journals (Sweden)

    M Loosemore

    2012-11-01

    Full Text Available Recent world events in the international relations arena and the subsequent knock-on affect on the insurance industry, have sent shock-waves through Australia’s business community,elevating crisis management to the top of the managerial agenda. This paperpresents the findings of exploratory research, which investigated the crisis managementpractices of construction companies. Using a diagnostic model of crisis preparednesswhich has been developed and tested across a broad range of industries, it concludes thatif the sample surveyed is typical, then crisis planning is rudimentary and undertaken in aninsular, informal, fragmented fashion, supported by few resources and little strategicguidance. Consequently, many construction companies will have an inadequate understandingof their crisis exposure, of how to cope with crises when they happen and of howto learn and recover from their aftermath.

  19. Problems of salaries management in oil and gas companies

    Directory of Open Access Journals (Sweden)

    Olga Gennad'evna Kolosova

    2011-09-01

    Full Text Available Basing on the results of the author's analysis and generalization of practical experience in the organization of remuneration on the oil and gas companies of the Khanty-Mansiysk Autonomous District — Yugra, the current state and remuneration policy were defined. The designed SWOT matrix reveals the possibilities of further improvement of the remuneration organization. Innovative development of remuneration systems involves a complex process of selecting management tools to achieve performance targets and implementing business strategies. A study of the most upfront human resources and staff practices in the Russian oil and gas sector has allowed the author to formulate approaches to building effective systems of remuneration. The suggestions described in this paper coordinate the interests of employers and employees. At the same time, they increase efficiency and job satisfaction through raising personal responsibility, which will gain the effectiveness of incentives for oil and gas companies.

  20. An energy service company's perspective on demand-side management

    International Nuclear Information System (INIS)

    Bullock, C.G.

    1993-01-01

    In 1985, Massachusetts Electric Company held a bid for demand reduction to be supplied by energy service companies (ESCOs). It was one of the first demand-side management (DSM) bidding programs held in the United States. Since then, several DSM auctions have been held. Many people expected DSM bidding to be a key component in integrated resource planning. Many observed similarities with supply side bidding, and expected DSM bidding to grow according. Today, more than $2 billion annually is being spent by utilities on DSM programs. Less than $100 million is spent with ESCOs. This chapter explores some of the reasons for the current situation and suggests some alternatives, which could benefit all of the players

  1. IT Project Management in Very Small Software Companies

    DEFF Research Database (Denmark)

    Shakir, Shahid Nadeem; Nørbjerg, Jacob

    2013-01-01

    In developing countries very small software companies (VSSCs) with only 1-10 employees play an important role both in the local economy and as providers of software and services to customers in other parts of the world. Understanding and improving their IT project management (ITPM) practices...... and challenges are, therefore, important in the local as well as the larger context of globalized software development. There is, however, very little research into small shop software practices in developing countries. The current paper explores actual ITPM practices in Pakistani VSSCs based on a qualitative...... study of seven Pakistani VSSCs. We find that some Pakistani ITPM practices are similar to what is reported from VSSCs in other parts of the world, while others seem to be related to the companies' position in the global software development chain. This paper is part of a larger research project aiming...

  2. Links between environmental management and the company's other management systems especially the quality mangement system

    DEFF Research Database (Denmark)

    Bjarnø, Ole-Christian; Larsen, Lars Bjørn

    1999-01-01

    Based on a literature survey and case material from several companies, this paper try to highlight some of the difficulties related to the integration of environmental management, as well as some of the advantages and disadvantages of the integration.......Based on a literature survey and case material from several companies, this paper try to highlight some of the difficulties related to the integration of environmental management, as well as some of the advantages and disadvantages of the integration....

  3. Management of Corporate Culture through Local Managers' Training in Foreign Companies in China: A Qualitative Analysis

    Science.gov (United States)

    Zhao, Crystal L.

    2005-01-01

    Corporate culture is a complex phenomenon in foreign companies located in the People's Republic of China. For the management team of an international enterprise, it is a challenging task to manage cultural differences. Education and training provided to local managers might be one of the important solutions. Therefore, this study explores the…

  4. Implementation of Inventory Management System in a Furniture Company: A Real Case study

    OpenAIRE

    Syed Adeel Haneed Zaidi; Sharfuddin Ahmed Khan; Fikri Dweiri

    2012-01-01

    Inventory management system for any company is essential to fulfil customer demands on time and in cost effective manner. Selection and implementation of inventory management system for any company management is vital. In this paper, we will discuss the most commonly used inventory management tools and using a real furniture company data as a case study, we will implement the inventory management system. In last, we will compare the implemented inventory management system with the existing sy...

  5. INNOVATIVE MODEL OF INTEGRATED ENERGY MANAGEMENT IN COMPANIES

    Directory of Open Access Journals (Sweden)

    Milan Majernik

    2015-07-01

    Full Text Available Progressive development concepts and strategies in industry put more and more emphasis on energy quality of a corporate production. As the output of activities in this area standard ISO 50001 – Energy Management System was published by the International Organization for Standardization for international accreditation and certification. The standard provides guidance for organizations in addressing challenges associated with strengthening criteria of energy intensity and permanent improving of efficiency in energy consumption and meeting requirements of third parties. The authors, based on previously conducted case studies abroad and their own research in this area, formalize benefits from implementation of a standardized Energy Management System in companies of the automotive industry and present an innovative model of its integration into the overall system management comprising a methodology for implementation, maintenance and certification in terms of enterprises in Slovakia.

  6. Safety cost management in construction companies: A proposal classification.

    Science.gov (United States)

    López-Alonso, M; Ibarrondo-Dávila, M P; Rubio, M C

    2016-06-16

    Estimating health and safety costs in the construction industry presents various difficulties, including the complexity of cost allocation, the inadequacy of data available to managers and the absence of an accounting model designed specifically for safety cost management. Very often, the costs arising from accidents in the workplace are not fully identifiable due to the hidden costs involved. This paper reviews some studies of occupational health and safety cost management and proposes a means of classifying these costs. We conducted an empirical study in which the health and safety costs of 40 construction worksites are estimated. A new classification of the health and safety cost and its categories is proposed: Safety and non-safety costs. The costs of the company's health and safety policy should be included in the information provided by the accounting system, as a starting point for analysis and control. From this perspective, a classification of health and safety costs and its categories is put forward.

  7. USING THE INNOVATIVE SOFTWARE PRODUCTS IN THE COMPANIES MANAGEMENT

    Directory of Open Access Journals (Sweden)

    Matei Radu Todoran

    2015-05-01

    Full Text Available In a market economy that constantly changes, companies are constrained to adopt efficient solutions to facilitate the achievement of the medium and long term objectives and also to run faster management processes. One of the most efficient methods in this direction is the usage of "innovative products". Those products are distinguished by the high degree of originality and innovation, providing thus a more dynamic framework in management decisions. In order for the usage of innovative products to become successful, they must reach certain stages related to: development of a strategy for creating a new innovative product; valorization of the internal resources of a company regarding the innovation; creating and launching the innovative product on market; engrossment of new market segments. This paper focuses on software-based products which facilitates making management decision based on obtained high utility data and information. The product that we refer to is an ERP software (Enterprise Resource Planner adapted to agricultural entrepreneurs. The product has a high degree of inoovation and aplicability.

  8. 78 FR 79298 - Securities Exempted; Distribution of Shares by Registered Open-End Management Investment Company...

    Science.gov (United States)

    2013-12-30

    ... in a position to take advantage of the fund. \\6\\ Transactions of Investment Companies With Portfolio... indirect financial interest in any person (other than such investment company or controlled company) who is...] Securities Exempted; Distribution of Shares by Registered Open- End Management Investment Company...

  9. TREATMENT SYSTEM FOR WASTEWATER AT VILLA CLARA WATER MANAGEMENT COMPANY

    Directory of Open Access Journals (Sweden)

    Floramis Pérez Martín

    2016-04-01

    Full Text Available The aim of this paper is to assess the current operating and safety conditions of biological treatment systems for wastewater in the centers of swinish and poultry breeding at Villa Clara Water Management Company, with the purpose of setting a group of organizational, technical and human measures that contributes to prevent contamination and minimize biological risks. In this way it can be guaranteed the protection to the workers, the facilities, community and the environment, to have a sure occupational atmosphere in the organization. As a result of the evaluation the factors that affect the operation of the biodigestion system and the security of the process are defined.

  10. The Relationship Between Working Capital Management and Profitablity of Listed Manufacturing Companies in Ghana

    Directory of Open Access Journals (Sweden)

    Agyemang Badu Ebenezer

    2013-07-01

    Full Text Available This study examines the effect of working capital management on the profitability of companies listed on the Ghana Stock Exchange. Secondary data from the Ghana Stock Exchange on manufacturing companies within the Accra metropolis was used to examine whether working capital management influence the profitability of manufacturing companies in the country. The study found out that, the major component of working capital management such as inventory days, account payable and cash conversion cycle have influence on the profitability of manufacturing companies. The study recommended that, manufacturing companies should adopt efficient and effective ways of efficiently managing these components of working capital management.

  11. Economic efficiency of environmental management system operation in industrial companies

    Science.gov (United States)

    Dukmasova, N.; Ershova, I.; Plastinina, I.; Boyarinov, A.

    2017-06-01

    The article examines the issue of the efficiency of the environmental management system (EMS) implementation in the Russian machine-building companies. The analysis showed that Russia clearly lags behind other developed and developing countries in terms of the number of ISO 14001 certified companies. According to the authors, the main cause of weak system implementation activity is attributed to the lack of interest in ISO 14001 certification on the Russian market. Five-year primary (field) research aimed at the analysis of the environmental priorities of the civilians suggests that the image component of the economic benefits ensures the increase in economic and financial performance of the company due to the increase in customers’ loyalty to the products of the EMS adopter. To quantify economic benefits obtained from EMS implementation, a methodological approach with regard to the image component and the decrease in semi-fixed costs due to the increase in the production scale has been developed. This approach has been tested in a machine-building electrical equipment manufacturer in Ekaterinburg. This approach applied to data processing yields the conclusion that EMS gives a good additional competitive advantage to its adopters.

  12. Role of food safety in procedures adopted for the purchase of minimally processed and fresh vegetables by foodservices

    Directory of Open Access Journals (Sweden)

    Kátia Regina Martini Rodrigues

    2010-12-01

    Full Text Available This research was designed to analyze whether the procedures adopted by foodservice establishments for the purchase of minimally processed and fresh vegetables favor the acquisition of safe products. This research investigated the purchasing policies of such establishments, whether self-managed or administered by foodservice contractors, in the municipality of Campinas and its outlying districts. A random sample of thirty-nine establishments participated in the research. The instruments for data collection were pre-tested, and the actual interviews were conducted by trained personnel. Comparative analyses were made using various statistical tests. All of the participating establishments purchase fresh vegetables, although only six of them use minimally processed ones. For most of the establishments, price is at least one of the most important criteria for the selection of a supplier, and they do not normally monitor the safety of the fresh products purchased (51.3%, nor do they make regular technical visits to guarantee quality (46.2%; moreover, most do not carry out a supplier development program. It is suggested that routine technical visits to suppliers should be adopted, as well as the creation of courses, such as those dealing with the safety of vegetables and supplier development, to be offered to foodservices.

  13. Design of investment management optimization system for power grid companies under new electricity reform

    Science.gov (United States)

    Yang, Chunhui; Su, Zhixiong; Wang, Xin; Liu, Yang; Qi, Yongwei

    2017-03-01

    The new normalization of the economic situation and the implementation of a new round of electric power system reform put forward higher requirements to the daily operation of power grid companies. As an important day-to-day operation of power grid companies, investment management is directly related to the promotion of the company's operating efficiency and management level. In this context, the establishment of power grid company investment management optimization system will help to improve the level of investment management and control the company, which is of great significance for power gird companies to adapt to market environment changing as soon as possible and meet the policy environment requirements. Therefore, the purpose of this paper is to construct the investment management optimization system of power grid companies, which includes investment management system, investment process control system, investment structure optimization system, and investment project evaluation system and investment management information platform support system.

  14. Enterprise Risk Management Implementation Maturity in Financial Companies

    Directory of Open Access Journals (Sweden)

    Subagio Tjahjono

    2017-07-01

    Full Text Available Previous studies of ERM implementation mostly using dummy variable to figure out relation with its determinant. Until today, studies that using risk management maturity as real variable are limited. Therefore, this study intends to determine the maturity level of ERM implementation in non-financial companies listed on Indonesia Stock Exchange during period 2015 and influence of firm’s total assets, total employee, leverage and public ownership to the ERM maturity. The method use are qualitative and multiple regression analysis. The result of data analysis showed that ERM implementation in selected sample during 2015 are still low (majority in initial and repeatable level. In addition, from determinant factors only total asset that have significant influence to the ERM maturity. This result implies that non-financial listed companies are vulnerable to risks. Management should consider future benefit of a mature ERM, not only to comply with regulation.DOI: 10.15408/etk.v16i2.5440 

  15. Importance of relationship quality and communication on foodservice for the elderly

    Science.gov (United States)

    Back, Ki Joon; Shanklin, Carol W.

    2011-01-01

    In order to promote foodservice for the elderly, foodservice managers in Continuing Care Retirement Communities (CCRCs) must identify the main factors to enhance the satisfaction and behavioral intentions with food service. The purpose of this study was to investigate the relationships between relationship quality (consisting of trust, commitment, and satisfaction) and communication in the formation of elderly's behavioral intentions with food services at CCRCs. A survey was administered to residents in two CCRCs and a total of 327 residents participated. A tested structural equation model exhibited good model fit and explanatory power of the study construct. Satisfaction directly influenced word-of-mouth and service quality has an influence on commitment. Commitment was a significant determinant of behavioral intentions to eat more often in the dining room. Also, communication showed positive association with trust. The results provided strong evidence for the importance of satisfaction and communication as a consequence of relationship marketing efforts. Suggestions for future research to better understand the elderly' behavioral intention judgments were given. PMID:21487500

  16. CORPORATE MANAGEMENT IN FEW MULTINATIONAL COMPANIES REPRESENTED IN ROMANIA

    Directory of Open Access Journals (Sweden)

    Armenia ANDRONICEANU

    2011-01-01

    Full Text Available The paper contains the results of an interesting research done by the author in some multinational companies which have branches in Romania, mainly in Bucharest, Arad and Timisoara. The objective of the research paper was to find out some particular aspects of the corporate management taking into account some key variables like: corporate values, leadership style, strategic perspectives and communication. In order to do this research we have developed a special survey based on a questioner. The survey shown us how all these above mentioned variables are influencing the corporate management and how important is each of them within the management process. The results of these surveys gave us the possibility to find out the way in which corporate management is influencing and is influenced by the variables considered. Last part of the paper presents some conclusions of our survey and the most important changes which should be taken into account by the corporate management team members in order to be more efficient and effective in their work.

  17. New developments in occupational health and safety management in Danish companies

    DEFF Research Database (Denmark)

    Seim, Rikke; Poulsen, Signe; Broberg, Ole

    2014-01-01

    This paper identifies potential impacts of recent legislative OHS reforms in Denmark on OHS management in companies; the focus being how this shift in legislation has manifested itself in the companies' organization and daily work with OHS...

  18. FORMING MANAGEMENT IMPACTS IN AVIATION COMPANIES ECONOMIC DEVELOPMENT ADMINISTRATION SYSTEM

    Directory of Open Access Journals (Sweden)

    Victoria Prokhorova

    2016-06-01

    Full Text Available Purpose: Oriented reflective approach to management involves restructuring of goal, ideal and pragmatic, creating a program of action, organizing, correcting, control the definition of the new strategy. This process is only possible with multidimensional analysis and reflection of all the administrative restructuring process and its elements in determining and planning activities, creating conditions of restructuring, predicting outcomes and consequences of making a choice of ways to solve problems means to achieve the goal of information called ' bonds with participants restructuring process and correction flow management process based on continuous reflection. Methods: Development of the system of economic development now requires the use of mechanisms for continuous monitoring of internal and external environment to identify factors that threaten businesses. Rest of this is possible through the use of diagnostic tests: static analysis, expert diagnosis, linear and dynamic programming. Results: Built as part of the study economic and mathematical models can determine the status and level of economic development potential of aerospace companies that were investigated, confirming the need for action to manage economic development. To develop the mechanism of competition in the aircraft building sector must: implementation in practice of management motivation mechanisms to ensure the appropriate level of interest in the functioning of airlines on the basis of private property; formation of economic market institutions in the field of aircraft construction, affecting the creation of a competitive environment. Discussion: Stipulates that in difficult economic crisis positive results can be achieved managers who are constantly looking for original approaches to inclusion in the development process by aligning internal external opportunities generated by market. It is concluded that aviation business management in times of economic instability or

  19. Managing expatriates: analyzing the experience of an internationalized Brazilian Company

    Directory of Open Access Journals (Sweden)

    Bernardo Meyer

    2016-12-01

    Full Text Available The management of expatriate employees is an important topic in the field of international business. Most of the studies on expatriation management are based on the experience of North American and Western European corporations. Few studies focus on corporations from developing countries. The purpose of this study was to examine, in the cultural dimension, how expatriates were managed by a Brazilian multinational corporation. This is a single case study based on qualitative research. The focus was a Brazilian telecommunications company operating in China. The research investigated the preparedness of expatriates prior to departure and the kinds of difficulties they faced in daily life abroad. The analysis revealed that the lack of preparation of expatriates before departure was an important barrier to overcome in order to achieve better performance. The findings indicated that psychic distance was the key factor responsible for major problems facing expatriate workers. The contribution of the study is that it shows how a Brazilian corporation addressed the challenges of managing its expatriates in China.

  20. New developments in occupational health and safety management in Danish companies

    DEFF Research Database (Denmark)

    Seim, Rikke; Poulsen, Signe; Broberg, Ole

    2014-01-01

    This paper identifies potential impacts of recent legislative OHS reforms in Denmark on OHS management in companies; the focus being how this shift in legislation has manifested itself in the companies' organization and daily work with OHS......This paper identifies potential impacts of recent legislative OHS reforms in Denmark on OHS management in companies; the focus being how this shift in legislation has manifested itself in the companies' organization and daily work with OHS...

  1. Sustainability as an element of environmental management in companies

    Directory of Open Access Journals (Sweden)

    Manuela Ingaldi

    2015-04-01

    Full Text Available The concept of sustainable development involves a properly and consciously shaped relationship between economic growth, care for the environment and life quality. The aim of this concept is to ensure the ability to provide the basic needs of both the present generation and also future generations. This concept introduced the need of environmental protection and most of all the change of environmental man-agement strategies. One of the elements this strategy is waste minimisation that involves reducing the amount of waste produced in society and helps eliminate the generation of harmful and persistent wastes, supporting the efforts to promote a more sustainable society. The aim of the article is to introduce the definition of the concept of susainability with regard to the environment. Waste minimisation in companies, which is connected with this concept, will be also presented.

  2. Business Strategy Formulation By Shareholders and Company Management using The Analytical Network Process (ANPBusiness Strategy Formulation by Shareholders and Company Management Using Analytical Network Process (ANP

    Directory of Open Access Journals (Sweden)

    Faizal Faizal

    2016-11-01

    Full Text Available This research aimed to identify the business strategy formulation by the shareholders and the management of the company. Ten companies were selected to be the objects of this research. Those companies were the information technology, telecommunication, printing, mining, construction and chemical companies in Indonesia. The research was conducted by using the Analytical Network Process (ANP and considering the chosen respondents as the decision makers (experts of those companies. The respondents were chosen by using the non-probabilitty sampling method. The result shows that the roles of the company managements are considered m ore influental (0,57143 than the roles of the shareholders (0,28571. From the output of stakeholder’s condition, the best-stratified priority strategies are differentiation (0,600515, cost of leadership (0,230754 and focus (0,168731.

  3. Orientation of sustainable management of chemical company with international activity

    Directory of Open Access Journals (Sweden)

    Valéria da Veiga Dias

    2013-04-01

    Full Text Available The search for new business possibilities, either through international activities and capture niche markets appear as a distinct trend among organizations that target growth. For this growing number of organizations intent on investing in new issues related to values such as citizenship, ethics and environmental concerns. There is the adoption of a more responsive to the community or even the acceptance of responsibility for the impacts of their production processes, inserting themselves in what was initially called the Social Responsibility within the business context and developed the concept of Elkington (1998 generated a discussion about a new movement that was called a sustainable paradigm. It was observed generally that sustainable management is still very close to supporting tools and not as part of the construction of corporate strategy although it is possible to realize that they seek a greater involvement in this direction when they start to review their strategies. This question can be perceived at different levels between the companies, but which shows the issue is the lack of direct indicators for investment and sustainable return. Sustainable management proved to be a source of opportunity for overseas business for the companies studied, as preparation for work with environmental legislation, global requirements, raw materials and environmentally friendly processes organizations prepared to market in the global sphere, and Brazil note that the innovative products for their production process and / or alternative raw material still do not get the spotlight. Acting in a sustainable manner enables the development of strategies agreed with conscious posture and changes in cultural terms in general, which can create new opportunities for those who can keep up with the global business scenario.

  4. Self-managing teams in manufacturing companies: implications for the engineering function

    NARCIS (Netherlands)

    Leede, de Jan; Stoker, Janka

    Reports on an explanatory multiple case-study of companies with self-managing teams. Reasons for introducing self-managing teams; Cooperation between self-managing teams and engineering development; Conclusion.

  5. Operational management system for warehouse logistics of metal trading companies

    Directory of Open Access Journals (Sweden)

    Khayrullin Rustam Zinnatullovich

    2014-07-01

    Full Text Available Logistics is an effective tool in business management. Metal trading business is a part of metal promotion chain from producer to consumer. It's designed to serve as a link connecting the interests of steel producers and end users. We should account for the specifics warehousing trading. The specificity of warehouse metal trading consists primarily in the fact that the purchase is made in large lots, and the sale - in medium and small parties. Loading and unloading of cars and trucks is produced by overhead cranes. Some part of the purchased goods are shipped in relatively large lots without presales preparation. Another part of the goods undergoes presale preparation. Indoor and outdoor warehouses are used with the address storage system. In the process of prolonged storage the metal rusts. Some part of the goods is subjected to final completion (cutting, welding, coloration in service centers and small factories, usually located at the warehouse. The quantity of simultaneously shipped cars, and the quantity of the loader workers brigade can reach few dozens. So it is necessary to control the loading workers, to coordinate and monitor the performance of loading and unloading operations, to make the daily analysis of their work, to evaluate the warehouse operations as a whole. There is a need to manage and control movement of cars and trucks on the warehouse territory to reduce storage and transport costs and improve customer service. ERP-systems and WMS-systems, which are widely used, do not cover fully the functions and processes of the warehouse trading, and do not effectively manage all logistics processes. In this paper the specialized software is proposed. The software is intended for operational logistics management in warehouse metal products trading. The basic functions and processes of metal warehouse trading are described. The effectiveness indices for logistics processes and key effective indicators of warehouse trading are proposed

  6. Foodservice tendencies and tourists’ lifestyle: new trends in tourism

    OpenAIRE

    Sarmento, E.; Loureiro, S.; Martins, R.

    2017-01-01

    Food and catering are an ever-changing industry that influences, and it is influenced by the lives of millions of people in the world. The products and services provided by this business are constantly adapting to the influencing variables that are on-growing. Actually, consumers create the tendencies and are incredibly demanding on what they want and do not want. Tourists as consumers seek products that can adapt to your lifestyle. Therefore, in the foodservice field, restaurants are require...

  7. 76 FR 46854 - Hewlett Packard Company, Imaging and Printing Group, World Wide Product Data Management...

    Science.gov (United States)

    2011-08-03

    ..., Imaging and Printing Group, World Wide Product Data Management Operations, Including On-Site Leased... Company, Imaging and Printing Group, World Wide Products Data Management Operations, Boise, Idaho and Fort... of Hewlett Packard Company, Imaging and Printing Group, World Wide Product Data Management Operations...

  8. Development of tools for life cycle environmental management in the packaging company of Hartmann Ltd., Denmark

    DEFF Research Database (Denmark)

    Pedersen, Claus Stig; Jørgensen, Jørgen; Alting, Leo

    1997-01-01

    into the decision making processes. The discipline of life cycle environmental management (LCEM) focuses on the incorporation of environmental criterions from the life cycles of products and other company activities into the company management processes. LCEM investigations are carried out at the packaging company......A precondition for making environmental conscious company managemnet is the managers awareness of the environmental impact potentials they manage, internally as well as externally. There is a need for managemnt tools to support the implementation of relevant environmental criterions...

  9. The account manager: Link between the customer and the energy distribution company

    International Nuclear Information System (INIS)

    Van Gelder, J.W.

    1993-01-01

    The monopolistic utility companies are rapidly turning into customer-oriented and efficient organizations. To be able to put client-oriented ideas into practice the whole organization has to be changed. A new job is that of account manager, the satellite between customer and energy company. Views and experiences of two distribution companies and the Nederlandse Gasunie are given and discussed. 3 ills

  10. 77 FR 16280 - Capital Research and Management Company, et al.; Notice of Application

    Science.gov (United States)

    2012-03-20

    ... investment companies relying on rule 12d1-2 under the Act to invest in certain financial instruments... provided pursuant to the advisory agreement of any investment company in which the Fund of Funds may invest... COMMISSION Capital Research and Management Company, et al.; Notice of Application March 14, 2012. AGENCY...

  11. The multiple market-exposure of waste management companies: A case study of two Swedish municipally owned companies

    International Nuclear Information System (INIS)

    Corvellec, Hervé; Bramryd, Torleif

    2012-01-01

    Highlights: ► Swedish municipally owned waste management companies are active on political, material, technical, and commercial markets. ► These markets differ in kind and their demands follow different logics. ► These markets affect the public service, processing, and marketing of Swedish waste management. ► Articulating these markets is a strategic challenge for Swedish municipally owned waste management. - Abstract: This paper describes how the business model of two leading Swedish municipally owned solid waste management companies exposes them to four different but related markets: a political market in which their legitimacy as an organization is determined; a waste-as-material market that determines their access to waste as a process input; a technical market in which these companies choose what waste processing technique to use; and a commercial market in which they market their products. Each of these markets has a logic of its own. Managing these logics and articulating the interrelationships between these markets is a key strategic challenge for these companies.

  12. ORGANIZATIONAL PROJECT MANAGEMENT IN OMSK REGION COMPANIES: CURRENT STATE AND DEVELOPMENT CONSTRAINTS

    Directory of Open Access Journals (Sweden)

    Irina Vladimirovna Katunina

    2018-03-01

    Full Text Available Despite widespread concept of project management, companies in major regions of Russia are still at the initial level of project management maturity. The paper is aimed to determine the current state and dynamics of organizational project management in the companies of the Omsk region, identify problem areas, and seek directions for further development. The author interviewed managers and project management practitioners in 148 companies from a variety of industries in the Omsk region. The study compares the survey results received during two years (2015–2016. The findings indicate that within the majority of companies, the organizational project management is not fully adopted. The author has empirically tested that high-performers are more likely to appreciate the value of project management than low-performers. However, the only small proportion of companies demonstrates a high level of project management maturity. Moreover, no strong relationship has been found between matured project management processes in a company and its performance. The author revealed and ranged the main problems in the organizational project management development. These problems are concerned with a poor support of organizational enablers. The organizational project management development should be considered in the context of strategic governance and management. The findings contribute to the understanding of key processes, which constitute project capabilities in a company. The research results can be used for building a conceptual model and studying organizational project management dynamics in a region during a longer period.

  13. Training: An Opportunity for People with Disabilities in School Foodservice Operations

    Science.gov (United States)

    Paez, Paola; Arendt, Susan; Strohbehn, Catherine

    2011-01-01

    Purpose/Objectives: This study assessed current training methods and topics used at public school foodservice operations as well as school foodservice representatives' attitudes toward training employees with disabilities. Methods: A mixed method approach of data collection included two phases. Phase I used a more qualitative approach; interviews…

  14. 76 FR 62341 - Agency Information Collection Activities: Proposed Collection; Comment Request-School Foodservice...

    Science.gov (United States)

    2011-10-07

    ...: Proposed Collection; Comment Request--School Foodservice Indirect Cost Study AGENCY: Food and Nutrition... information collection for the School Foodservice Indirect Cost Study. DATES: Written comments on this notice... or other forms of information technology. Comments may be sent to: John Endahl, Senior Program...

  15. HB 1347 and Its Relationship to Foodservice Outsourcing in Illinois Public Schools

    Science.gov (United States)

    Brashear, Gary L.

    2012-01-01

    This study examined foodservice outsourcing in the State of Illinois. School administrators currently outsourcing foodservice were surveyed about their perceptions of HB1347 and its components. This study looked at HB1347 in Illinois, and its effects on outsourcing in school districts. Data for this study was collected from a survey sent to 100%…

  16. Effect on Value Earnings Management Company with Good Corporate Governance Practices as Moderating Variable

    Directory of Open Access Journals (Sweden)

    Yuniarti Emylia

    2017-01-01

    Full Text Available Firm value reflects the size of the stock market reaction to the company. Increasing the value of the company is an achievement that suitable with the desire of the owner, because as the value of the company increasing as well the welfare of the owner. Earnings management has an influence on the value of the company. Good Corporate Governance to be one way to eliminate the management engineering efforts specifically to make regulations with the requirement for the companies to disclose certain information mandatorily and voluntarily. This research will discuss the influence of earnings management on company value, the effect of Corporate Governance on company value directly, and the effect of Corporate Governance as a moderating variable from the influence of earnings management and firm value. Data analysis technique used in this research is a descriptive data analysis method, analysis model and classical assumption check because this research aims to determine the effect of earnings management, company value and Corporate Governance on Enterprise State-owned Enterprises listed on the Indonesia Stock Exchange. The results of this study are earnings management negatively affect the value of the company, corporate governance itself has no effect on firm value, but as a moderating variable of corporate governance affect earnings management effect on firm value.

  17. Management of organizational changes in the joint stock company

    OpenAIRE

    Vladimír Štípek

    2005-01-01

    The aim of the article is analysis of effects of organizational changes of Jihočeská energetika, joint stock company. This company accomplished the necessary steps to transform into new organization - the E.ON Group in Czech Republic. Liberalization of electricity market in Czech Republic saw the possibility for end - customers. The large boom in the development of organization came with the change of the of the owners. This company uses traditional line and staff organization chart, direct, ...

  18. Combination of product quality management and exports: The case of Colombian fruits companies

    OpenAIRE

    Lu Luque, Jennifer

    2015-01-01

    Quality management provides to companies a framework to improve quality in overall systems, reduction of costs, reallocation of resources efficiently, correct planning of strategies, prevent or correct errors in the right time and increase the performance of companies. In this text, we discuss the different theories in this field, their obligatory or non-obligatory compliance, the importance of quality management for exporting companies and a case study of a Colombian firm that its main objec...

  19. The importance of human resource management for the success of the company

    Directory of Open Access Journals (Sweden)

    Sonja Treven

    2000-01-01

    Full Text Available The paper first briefly presents the environment and challenges the companies will encounter in the forthcoming decade. Further, the author investigates challenges which will impact the implementation of human resource management. As there exists a two-way link between the companies and the environment, this contribution also illustrates the link into the other direction, and shows how the competitive advantage for the individual company can be gained by effective human resource management.

  20. Problems in knowledge management: a case study of a knowledge intensive company

    NARCIS (Netherlands)

    van Zolingen, S.J.; Streumer, Jan; Stooker, M.M.; Stooker, M.

    2001-01-01

    Knowledge management has become an important tool in staying ahead in the competition between companies. In this article five different phases of the knowledge management process are distinguished: acquiring knowledge, codifying knowledge, disseminating knowledge, developing knowledge and applying

  1. 17 CFR 270.17f-2 - Custody of investments by registered management investment company.

    Science.gov (United States)

    2010-04-01

    ... 17 Commodity and Securities Exchanges 3 2010-04-01 2010-04-01 false Custody of investments by....17f-2 Custody of investments by registered management investment company. (a) The securities and similar investments of a registered management investment company may be maintained in the custody of such...

  2. An overview of the management consulting firms of the Spanish company in China: company profile and success and failure factors

    Directory of Open Access Journals (Sweden)

    A. Niñerola

    2016-03-01

    Full Text Available This article explores the vision of Management Consulting Firms (MCF specialized in internationalization processes of Spanish companies in China. The main objective is to shed light on a process full of uncertainty as is international expansion into emerging markets on the point of view of the advisors of that process. First, it is analyzed whether there is a Spanish company profile that is internationalized toward China in terms of sector of activity, size and experience in international business. And second, with their client’s experiences, success and failure factors in the internationalization process are studied. To achieve those objectives in depth interviews were held with partners and managers of six Management Consulting Firms with Spanish clients in their portfolio. As a result it is concluded that the sectors where the Spanish company has invested are several, the size of the company is important to undertake an implementation process in China and its international experience as well. Eight key factors were found relevant to invest in China successfully.  Five factors are related with their resources (humans and financials and the other three are related with their strategy. The main reasons of failure are also discussed. The article provides an outside perspective on the reasons why an internationalization process is successful and other fails.

  3. The role of management participation in manufacturing companies ...

    African Journals Online (AJOL)

    Today, all successful organizations and companies around the world have found that intangible assets must be emphasized instead of an emphasis on raw materials. One of the most core assets is innovation and the lack of innovation is a fundamental barrier to the development of big organizations and companies.

  4. CHANGE MANAGEMENT – CHALLENGE AND OPPORTUNITY FOR SUSTAINABLE DEVELOPMENT OF ROMANIAN COMPANIES

    OpenAIRE

    Liviu TUDOR

    2014-01-01

    Based on current management consulting practices and study of change management theories, the paper presents an overview of what are considered the most appropriate change management models for a sustainable development of Romanian companies; these companies are facing challenges generated by adverse market conditions and need for suitable managerial skills. According to several studies published in the past two decades by professionals in the field of organizational change management, most o...

  5. Functions and Positions of Corporate Occupational Health Managers in Company-Wide Occupational Health Management.

    Science.gov (United States)

    Mori, Koji; Nagata, Tomohisa; Kajiki, Shigeyuki; Hino, Yoshiyuki; Nagata, Masako

    2013-08-21

    Objectives: It has become necessary for Japanese corporations to manage occupational health (OH) programs consistently throughout their organizations. Corporations need to clarify their health policies, develop standardized programs, assign OH staff, and ensure that they communicate with each other. To realize such conditions, many occupational physicians (OPs), who have the skills to lead corporation-wide OH activities, are now being assigned to head offices of corporations and referred to as corporate OH managers. However, there has been no research to date in Japan on their actual situation and function. We conducted an interview study of corporate OH managers to clarify their functions and positions in corporations. Subjects and Methods: We conducted semi-structural interviews with 14 corporate OH managers in large corporations employing more than 5,000 workers and multiple OPs. Interview scripts were coded to identify their functions as corporate OH managers and the context of their positions within corporate-wide OH management systems. Results: Five contexts were suggested. 1) Corporate OH managers played central roles in developing corporate health policies, standards and plans. 2) Head office department managers who supervised the sites distributed the policies and standards, and corporate OH managers instructed site OPs and OH staff. 3) In some corporations, corporate OH managers participated in the evaluation process of OH programs as part of occupational safety and health management systems or business audits. 4) Corporate OH managers led communications among OPs and OH staff by facilitating corporate OH meetings, and provided technical training. 5) Corporate OH managers in positions that enabled them to report directly or indirectly to decision makers (i.e., directors in charge) on human resource issues. Discussion: The results of this study suggest that companies that promote consistent company-wide OH programs also utilized the professional knowledge

  6. Vectors for Increasing the Effectiveness of Profit Management at Company Level

    Directory of Open Access Journals (Sweden)

    І. V.

    2017-05-01

    Full Text Available Imperfect management of processes involved in accumulation and disposal of profit at Ukrainian companies affects their performance, with the consequent losses of public budget revenues. This raises the need for new and more effective mechanisms for accumulation and disposal of corporate profit, which would be focused on maximal utilization of production, marketing and fiscal capacities of business entities and enhancement of their competitiveness at domestic and global market. The article’s objective is to conduct theoretical study of profit as an economic category and an essential component of company’s performance, sum up the principles of profit management, and analyze the profit management system at company level. A brief review of theoretical definitions of profit is made, economic origin of profit and its role in business operation in the Ukrainian context is highlighted. The components of profit management system at company level, essential principles of strategic management of company profit, organizational and economic mechanism for company profit management, a strategy for profit management at company level is discussed and summed up. The organizational and economic mechanism for profit quality management at company level is proposed.

  7. How do the work environment and work safety differ between the dry and wet kitchen foodservice facilities?

    Science.gov (United States)

    Chang, Hye-Ja; Kim, Jeong-Won; Ju, Se-Young; Go, Eun-Sun

    2012-08-01

    In order to create a worker-friendly environment for institutional foodservice, facilities operating with a dry kitchen system have been recommended. This study was designed to compare the work safety and work environment of foodservice between wet and dry kitchen systems. Data were obtained using questionnaires with a target group of 303 staff at 57 foodservice operations. Dry kitchen facilities were constructed after 2006, which had a higher construction cost and more finishing floors with anti-slip tiles, and in which employees more wore non-slip footwear than wet kitchen (76.7%). The kitchen temperature and muscular pain were the most frequently reported employees' discomfort factors in the two systems, and, in the wet kitchen, "noise of kitchen" was also frequently reported as a discomfort. Dietitian and employees rated the less slippery and slip related incidents in dry kitchens than those of wet kitchen. Fryer area, ware-washing area, and plate waste table were the slippery areas and the causes were different between the functional areas. The risk for current leakage was rated significantly higher in wet kitchens by dietitians. In addition, the ware-washing area was found to be where employees felt the highest risk of electrical shock. Muscular pain (72.2%), arthritis (39.1%), hard-of-hearing (46.6%) and psychological stress (47.0%) were experienced by employees more than once a month, particularly in the wet kitchen. In conclusion, the dry kitchen system was found to be more efficient for food and work safety because of its superior design and well managed practices.

  8. Cash Flows versus Accounting Earnings in Managing Exchange Rate Exposures: An Empirical Study of Non-Financial Companies

    DEFF Research Database (Denmark)

    Aabo, Tom

    Financial theory argues that companies should manage cash flows and not accounting earnings when they hedge exchange rate exposures. Still, empirical evidence shows that a number of companies choose to manage accounting earnings. This empirical study of Danish, non-financial companies finds (1......) that when hedging the majority of companies expect to add value to their company by avoiding financial distress (reduce down side risk), (2) that when hedging managing cash flows versus managing accounting earnings as a first priority splits the companies in two, (3) a lack of difference (except...... for profitability) in company characteristics between the group of companies that manage cash flows versus the group of companies that manage accounting earnings as a first priority. The decision in real business on whether to manage cash flows or accounting earnings when hedging exchange rate exposures seems...

  9. Importance-Performance Analysis (IPA) of Foodservice Operation, Dietary Life Education, and Nutrition Counseling Tasks of Nutrition Teachers and Dietitians in Jeju, Korea.

    Science.gov (United States)

    Park, Eun A; Chae, In Sook; Jo, Mi Na

    2017-10-22

    The purpose of this study was to analyze foodservice operation, dietary life education, and nutrition counseling tasks of nutrition teachers and dietitians in elementary, middle, and high schools in Jeju, Korea, and to provide effective ways to implement dietary life education and nutrition counseling in schools. This study surveyed 94 nutrition teachers and 46 dietitians working at elementary, middle, and high schools in Jeju during 7-14 May 2015. The importance and performance of 16 tasks of nutrition teachers and dietitians were measured using questionnaires. The data was analyzed by using the SPSS software and Importance-Performance Analysis (IPA). Importance was ranked in the order of foodservice operation (4.72), dietary life education (4.37), and nutrition counseling (4.24); and performance was ranked in the order of foodservice operation (4.48), dietary life education (3.70), and nutrition counseling (3.22). The importance-performance matrix showed that in Quadrant 4, the "Concentrate Here" item was "nutrition and dietary life education for students", while in Quadrant 2, the "Possible Overkill" item was "cost control and office management". These findings suggest that it is important to reduce unnecessary administrative and office management tasks in order for nutrition teachers and dietitians to implement effective nutrition education, dietary life education, and nutrition counseling programs.

  10. Implementation of customer relationship management and its advantages : Case company Forchem Oy

    OpenAIRE

    Puiseva, Maiju

    2014-01-01

    The purpose of this thesis was to bring out the key issues of the concept of customer relationship management and study its implementation and advantages in the case company. The topic of the thesis was assigned by the case company. Their objective was to understand customer relationship management better and to develop it to be one of the business processes. Theoretical part of the thesis studied customer service and customer relationship management and the importance of those. Theoretica...

  11. 13 CFR 108.510 - SBA approval of NMVC Company's Investment Adviser/Manager.

    Science.gov (United States)

    2010-01-01

    ... ADMINISTRATION NEW MARKETS VENTURE CAPITAL (âNMVCâ) PROGRAM Managing the Operations of a NMVC Company Management..., managing members, or general partner. If you have Leverage or plan to seek Leverage, you must obtain SBA's... Expenses. (b) Material change to approved management contract. If there is a material change, both you and...

  12. Using of New Management Approaches in the Field of Personal Marketing in the Transport Company

    Science.gov (United States)

    Matusova, Dominika; Gogolova, Martina

    2017-10-01

    Personal marketing is a relatively new field in the theory and practice of human resources (HR) activities in the corporate and business sector. As a separate area of HR management was established of the earmarking of personnel management. In the article is mentioned about the facility manager. This position introduces a specific category - behaviour of manager. The facility manager has to dispose the skills from the areas: operation and maintenance, property, facility management processes, human factors of environment, planning, function devices, finance and quality management and innovation and communication. In the article is described the situation in transport company, specifically - Railway Company Slovakia, Inc. (ZSSK). Employees of the company works in departments as: managers, sellers, operators for services and maintenance, economists and controllers. The transport company had 5949 employees in 2015. That was about 108 employees more than the previous year. Facility manager and the company, set the targets which want to achieve within the planned time. Beyond the objectives are fundamental the values of company, business vision and mission.

  13. A Cross-Cultural Approach to Human Resource Management in Finnish Hospitality Companies

    OpenAIRE

    Niemi, Miika

    2012-01-01

    This thesis explores a cross-cultural approach to human resource management and its processes in Finnish hospitality companies. In the hospitality sector, the personnel is considered as an important resource of the company, executing important work when creating the service experience and providing quality service for the customers. Globalization and the overall international character of hospitality business are placing challenges for the companies when providing service to the customers and...

  14. Barriers for successful implementation and running of Customer Relationship Management (CRM) in logistic companies

    OpenAIRE

    Pešta, Martin

    2009-01-01

    The Master Thesis of "Barriers for successful implementation and running of Customer Relationship Management (CRM) in logistic companies" deals with the current situation of CRM in logistic companies. The main goal of this Thesis is to analyze the sample of several logistic companies by different type which decided to implement any kind of CRM and to find out which barriers and problems constrained from the successful implementation or are blocking the successful running of CRM. The partial g...

  15. Managing Supplier Requirements with HSE Accounting The case of the Mechanical Engineering Company Bisma Jaya, Indonesia

    Directory of Open Access Journals (Sweden)

    Stefan Schaltegger

    2011-12-01

    the HSE performance of an Indonesian company as a response to customer audit requirements.  The company is a supplier of a large oil company and seeks for effective and efficient ways of HSE improvement. The paper unfolds benefits and limitations of narrow efficiency-oriented responses to rating systems and audits and highlights that efficiency considerations in HSE management are only partially useful and require complementing effectiveness considerations on HSE performance.

  16. Performance Management System of the Company, It’s Peculiarities and Problems of Application in Ukraine

    Directory of Open Access Journals (Sweden)

    V. Z.

    2017-02-01

    Full Text Available Performance Management (PM at company level is concerned with actions to achieve formulated goals. PM refers to the strategic and comprehensive approach to enhance the company performance. The article’s objective is to outline the specifics of performance assessment at company level, highlight the essence and classification of main systems for company performance assessment and their implementation mechanisms, determine the PM impact on a company and PM application possibilities in Ukraine. The PM algorithm and capabilities are analyzed. The following conclusions are made: 1. PM is designed to enhance the companies’ capabilities for performance assessment and management at all the levels within the integrated management environment with due consideration to the factor of employees motivation. The assessment of company personnel, based on combination of Key Performance Indicators (КРІ and competencies, has to be an essential motivating factor for the company employees. 2. Work of the company personnel by PM, apart from the increasing profit and performance, has positive implications for their professional qualities. 3. As a company needs to be successful not only in the current period, but in the long run, it is supposed to improve its PM.

  17. Foreign exchange risk management : how are the largest non-financial companies in Norway managing their foreign exchange rate exposure?

    OpenAIRE

    Eriksen, Krister; Wedøe, Ola

    2010-01-01

    The purpose of this thesis is to investigate how the largest non-financial companies in Norway manage their foreign exchange rate exposure. This is investigated through the use of a survey distributed to a sample the largest non-financial firms in Norway. According to our results, the largest non-financial companies in Norway have a predefined strategy for managing foreign exchange risk, which is defined by the board of directors or by the management in the organisation. The companies’ mai...

  18. Views of the Workplace as a Health Promotion Arena among Managers of Small Companies

    Science.gov (United States)

    Wiman, Virginia; Lydell, Marie; Nyholm, Maria

    2016-01-01

    Introduction: Several studies have shown that workplace health promotion leads to better health, increased productivity, as well as reduced absenteeism and presenteeism among employees. The objective of this study was to describe how managers in small companies (10-19 employees) perceive their company as an arena for promoting employees' health.…

  19. HRD Practices and Talent Management in the Companies with the Employer Brand

    Science.gov (United States)

    Kucherov, Dmitry; Zavyalova, Elena

    2012-01-01

    Purpose: The employer brand could be a key factor of competitiveness for a company in a contemporary labour market. The purpose of this paper is to identify the features of human resource development (HRD) practices and talent management in companies with employer brand (CEBs). Design/methodology/approach: The authors examined three economic…

  20. Systematic assessment of core assurance activities in a company specific food safety management system

    NARCIS (Netherlands)

    Luning, P.A.; Marcelis, W.J.; Rovira, J.; Spiegel, van der M.; Uyttendaele, M.; Jacxsens, L.

    2009-01-01

    The dynamic environment wherein agri-food companies operate and the high requirements on food safety force companies to critically judge and improve their food safety management system (FSMS) and its performance. The objective of this study was to develop a diagnostic instrument enabling a

  1. Current performance of food safety management systems of dairy processing companies in Tanzania

    NARCIS (Netherlands)

    Kussaga, J.B.; Luning, P.A.; Tisekwa, B.P.M.; Jacxsens, L.

    2015-01-01

    food safety management system (FSMS)-diagnostic instrument was applied in 22 dairy processing companies to analyse the set-up and operation of core control and assurance activities in view of the risk characteristics of the systems' context. Three clusters of companies were identified differing in

  2. The usage of financial derivatives in financial risk management by non- financial companies in Serbia

    Directory of Open Access Journals (Sweden)

    Živanović Branko

    2017-01-01

    Full Text Available In this paper we analyse the research results on corporate risk management practices, notably in light of the derivatives use in the large Serbian non-financial companies. The principal aim of this paper is to examine whether Serbian companies employ derivatives to manage risk and to what degree, and to explore the main rationale behind the companies' not employing these instruments, as well as to suggest possible enhancements of risk management practices. Furthermore, we have investigated the key reasons why financial derivatives are very useful for Serbian companies for hedging financial risks. Additionally, this paper provides a comparative overview of the use of derivatives between Serbian companies and the companies in Croatia and Slovenia in order to ascertain whether Serbian companies employ derivatives in order to manage risk to the same degree as their Croatian and Slovenian counterparts. This paper will include findings and provide evidence that FX rate and referent interest rates (such as 1w- 2w repo rate, Beonia and Belibor are markedly volatile, which opens vast possibilities for the use of financial derivatives, given that these financial parameters determine the price of a credit arrangement for companies and the quality of import and export cash flows.

  3. Importance–Performance Analysis (IPA of Foodservice Operation, Dietary Life Education, and Nutrition Counseling Tasks of Nutrition Teachers and Dietitians in Jeju, Korea

    Directory of Open Access Journals (Sweden)

    Eun A Park

    2017-10-01

    Full Text Available The purpose of this study was to analyze foodservice operation, dietary life education, and nutrition counseling tasks of nutrition teachers and dietitians in elementary, middle, and high schools in Jeju, Korea, and to provide effective ways to implement dietary life education and nutrition counseling in schools. This study surveyed 94 nutrition teachers and 46 dietitians working at elementary, middle, and high schools in Jeju during 7–14 May 2015. The importance and performance of 16 tasks of nutrition teachers and dietitians were measured using questionnaires. The data was analyzed by using the SPSS software and Importance–Performance Analysis (IPA. Importance was ranked in the order of foodservice operation (4.72, dietary life education (4.37, and nutrition counseling (4.24; and performance was ranked in the order of foodservice operation (4.48, dietary life education (3.70, and nutrition counseling (3.22. The importance–performance matrix showed that in Quadrant 4, the “Concentrate Here” item was “nutrition and dietary life education for students”, while in Quadrant 2, the “Possible Overkill” item was “cost control and office management”. These findings suggest that it is important to reduce unnecessary administrative and office management tasks in order for nutrition teachers and dietitians to implement effective nutrition education, dietary life education, and nutrition counseling programs.

  4. Specific Features of Entrepreneurial Departments Management in Russian Companies

    Science.gov (United States)

    Troshina, Elena P.; Mantulenko, Valentina V.; Shaposhnikov, Vladislav A.; Anopchenko, Tatiana Y.

    2016-01-01

    The topic is considered to be relevant due to the fact that entrepreneurship is necessary for the businesses survival and development worldwide, including Russia, and today some Russian companies are adapting their economies to the more developed economic standards. The entrepreneurial format adoption is an important stage of development for…

  5. Strategic balance of drug lifecycle management options differs between domestic and foreign companies in Japan.

    Science.gov (United States)

    Yamanaka, Takayuki; Kano, Shingo

    2016-01-01

    Drug approvals and patent protections are critical in drug lifecycle management (LCM) in order to maximize drug discovery investment returns. We analyzed drug LCM activities implemented by 10 top companies in Japan, focusing on drug approvals and patent term extensions. Foreign companies acquired numerous drug approvals primarily for new molecular entities (NMEs), while Japanese companies mainly obtained approvals for improved drugs including new indications, and intensively extended patent terms. Furthermore, we discovered three factors likely responsible for differences in drug LCM strategies of Japanese and foreign companies: research and development capacities for drugs, drug lags of foreign-origin NMEs, and cooperation between Research and Development Departments and Intellectual Property Departments.

  6. 75 FR 39678 - Meeting of Energy Services Companies and the Federal Energy Management Program

    Science.gov (United States)

    2010-07-12

    ... From the Federal Register Online via the Government Publishing Office ] DEPARTMENT OF ENERGY Meeting of Energy Services Companies and the Federal Energy Management Program AGENCY: Department of... agenda; Facilities or services for individuals with disabilities; Requests for special assistance...

  7. Factors other than environmental issues influence resource allocation decisions of school foodservice directors.

    Science.gov (United States)

    Hackes, B L; Shanklin, C W

    1999-08-01

    To identify resource allocation decisions and policies and procedures used by school foodservice directors that were based on the concepts of pollution prevention, product stewardship, and sustainable development. A questionnaire about operational characteristics (including equipment and production systems, menu selection and service style) and environmental issues was mailed to school foodservice directors. Subjects were school foodservice directors in major cities who were members of the American School Food Service Association. Of the 389 questionnaires mailed, 168 (45.5%) were returned and used for data analysis. Descriptive statistics, analysis of variance, and correlation were used to analyze data. Cost factors were rated more important (P pollution prevention, product stewardship, and sustainable development practices. Recycling and energy conservation programs and use of locally grown food products would minimize the environmental impact of school foodservice operations while reducing operational costs.

  8. Management innovation, a way for mining companies to survive in a globalized world

    International Nuclear Information System (INIS)

    Klippel, A.F.; Petter, C.O.; Antunes, J.A.V. Jr.

    2008-01-01

    Among alternatives that ensure the survival of companies, innovation is one of the most relevant. Innovation may include dimensions such as: (1) the raw material; (2) the product; (3) the process; (4) the market; (5) the way the company is managed. The purpose of this paper is to discuss the implementation of a new way to manage industries of mineral extraction through the integrated use of Lean Production and Mining Engineering concepts. (author)

  9. The development of methodological approach to management of capital adequacy of insurance company through reinsurance

    Directory of Open Access Journals (Sweden)

    Opeshko Nataliya Sergiivna

    2015-02-01

    Full Text Available The article defines the essence of capital adequacy of insurance company. Theoretical aspects of estimation capital adequacy of insurer in accordance with the requirements of the Directive Solvency II are discussed. The methodological approach to management of capital adequacy of insurance company through reinsurance is developed in the article. The usefulness of using the developed approach for managing capital adequacy ratio is proved on the basis of conducted experiments.

  10. Management strategies in the aerospace industry. Particular case: The Boeing Company

    Directory of Open Access Journals (Sweden)

    Daniela MOCENCO

    2015-03-01

    Full Text Available The present paper aims to provide an overview of the aviation industry in the United States (US. The study focuses on Boeing Company analyzing the organizational architecture and management strategies applied throughout its evolution. The paper is structured in three parts: the first part presents the scientific references; part two focuses on the structure, management strategies and performances of the company; the last part is devoted to conclusions

  11. DESIGNING A MODEL OF CUSTOMER RELATIONSHIP MANAGEMENT FOR A MOBILE PHONE COMPANY

    OpenAIRE

    BRUTU MĂDĂLINA; MIHAI DANIELA MELANIA

    2015-01-01

    Customer relationship management refers to establishing, maintaining, developing and optimizing the relations between an organization and its customers and focuses on understanding and meeting its customers’ wishes and demands, the core items of the business strategy of any performant company. This paper aims at designing and testing a model of customer relationship management applicable within a mobile phone company. Starting from this purpose, the main objectives of the research were: prese...

  12. Leadership – dedication to the Quality Management System and customer focus in Macedonian companies

    OpenAIRE

    Mitreva, Elizabeta; Filiposki, Oliver; Krivokapić, Zdravko; Jovanovic, Jelena; Taskov, Nako

    2017-01-01

    This study presents the research findings regarding the capacity of leadership in Macedonian companies, their ability to make decisions and practice team work in accordance with the criteria for obtaining the European Quality Award. The results of the research should provide useful directions that will serve Macedonian companies to improve products, services and business processes. The solution was found in the development of the management system through TQM (Total Quality Management) strate...

  13. Maturity of project management in construction companies with the use of fuzzy numbers

    Science.gov (United States)

    Klaus-Rosińska, Agata; Kuchta, Dorota

    2017-07-01

    The main aim of the article is to describe issue of maturity in project management regarding construction companies. Taking into consideration this problem the literature research was made, existing project management maturity models were analyzed, model of maturity in project management (using fuzzy numbers approach) was described and tested. The results of testing stage are shown in the case study.

  14. Trends and patterns in contemporary management in smaller companies: The Danish perspective

    DEFF Research Database (Denmark)

    Ulhøi, John Parm; Madsen, Henning

    2001-01-01

    This paper reports empirical findings from a recent survey of Danish managers with a special focus on managers from smaller companies. The survey has been initiated in Denmark and it is called the 'Danish Management Barometer'. The project is a joint research program between the Aarhus School of ...

  15. Exchange Rate Exposure Management: The Benchmarking Process of Industrial Companies

    DEFF Research Database (Denmark)

    Aabo, Tom

    Based on a cross-case study of Danish industrial companies the paper analyzes the benchmarking of the optimal hedging strategy. A stock market approach is pursued but a serious question mark is put on the validity of the obtained information seen from a corporate value-adding point of view...... of practices and strategies that have been established in each company fairly independently over time. The paper argues that hedge benchmarks are useful in their creation process (by forcing a comprehensive analysis) as well as in their final status (by the establishment of a consistent hedging strategy....... The conducted interviews show that empirical reasons behind actual hedging strategies vary considerably - some in accordance with mainstream finance theory, some resting on asymmetric information. The diversity of attitudes seems to be partly a result of different competitive environments, partly a result...

  16. Smart Grid Innovation Management for SME Electricity Companies

    DEFF Research Database (Denmark)

    Tambo, Torben

    2011-01-01

    To meet requirements on sustainability in the society’s energy consumption power producers and consumers need smart grid technology to balance, plan and prioritize among the different items. Smart grid represents a host of specification, unproven products and concepts and a strong and dedicated...... innovation process lies ahead for utility companies in screening, testing, maturing, implementing and operating smart grids. This process is expected to follow the political targets for CO2 reduction stretching forward until 2050. As no proven concepts exists, and as the process is expected to progress many...... years ahead, smart grid represents an excellent case of continuous innovation. The current study use a series of loosely related technological studies of smart grid related technologies in SME electricity companies to highlight critical issues in this innovation process. Major findings...

  17. Supply chain risk management in newspaper company: House of risk approach

    Science.gov (United States)

    Ratnasari, Sintya; Hisjam, Muhammad; Sutopo, Wahyudi

    2018-02-01

    In the supply chain (SC) of newspapers, the printing company is the main entity that has several processes, i.e. procure raw materials, print plate and newspapers, and also distribute newspaper to consumers. The existing risks in the newspaper printing company are quite high. A wide range of disturbances or risks needs to be identified to map out the characteristics of the risk sources that will impact on the performance of the supply chain. Therefore, the printing companies need to manage their supply chain risk of the five major SC processes (such as plan, source, deliver, make, and return). In a case study of a newspaper company in Surakarta, the company have not implemented a risk management process that affects the company. This study is aimed to map the risks in the printing company and formulate risk mitigation alternatives to mitigate the risks. The house of risk (HOR) method was chosen to select a set of proactive actions deemed cost-effective in managing SC Risks in the newspaper company. The model consisting of two stages, the first stage (HOR1) was done by identifying risk, risk causing agents and then measured the severity and occurrences to calculate the Aggregate Risk Priority (ARP) value. The second stage (HOR2) is intended to formulate and prioritize the action of mitigation that the company should pursue to reduce the probability of risk agents to occur. The result shows that the innovative model of HOR in Newspaper Company was presented. There are 24 risk events, 20 causing agents and two priority risks in HOR1. The HOR 2 was proposed 9 ranks of mitigation strategy for priority risk agents, from the easiest to the hardest strategy for the company to implement it.

  18. Intellectual capital management in a retail company in South Africa

    OpenAIRE

    2009-01-01

    M.A. The competitive landscape in the retail sector in South Africa is changing, and new models of competitiveness are needed to deal with the challenges ahead. The responses that usually occur in relation to the above statement reveal a new competitive reality, demanding that the organisation’s capabilities will enable the retail company in South Africa to better serve their customers and to differentiate them from competitors. This dissertation is about determining the status of the meas...

  19. MANAGING ECONOMIC EFFECTIVENESS OF MARKETING IN TRANSNATIONAL COMPANIES

    Directory of Open Access Journals (Sweden)

    Oksana Bulkot

    2017-11-01

    Full Text Available The purpose. The purpose of the study is a generalization of international experience with regard to marketing efficiency control and development of qualitative and quantitative methods to be implemented in the estimation of marketing activity of TNCs. Methodology. The survey is based on research, conducted for 60 companies in the spring of 2015 (32% of which were Ukrainian and 68% – offices and affiliates of international companies, namely Bayer, Coca-Cola, Pepsi Co, Mondelez, Mars, Mintel, Cargill, and many others. The practical results of monitoring the effectiveness of annual plans of named companies done by authors through implementing original author’ methodology based on presenting key performance indicators (KPI. Results. The theoretical approaches to the estimation of marketing efficiency are analysed. The conditions, under which the organization is working by analysing external environment and internal company’s potential, are determined. It is substantiated by the authors that direct development of marketing plans should be based on marketing objectives, developed as a result of the situational analysis. It is proved that monitoring the effectiveness of annual plans may be done by implementing key performance indicators that enable to develop quantitative evaluation system of the organization’s strategy, based on control of its goals. The results of the research allowed authors to distinguish two major groups of effectiveness indicators for TNCs, which are financial and marketing indicators. In this standpoint, financial indicators are divided into costs’, productivity and profitability indicators and to the marketing effectiveness indicators belong market indexes, competitiveness indexes, and client’s indicators. Practical implications. The proposed methodology can be implemented for the qualitative and quantitative estimation of marketing effectiveness not only in TNCs but in small and medium business companies as well

  20. TOOLS OF INTELLECTUAL PROPERTY MANAGEMENT OF A HOLDING COMPANY AND ITS SUB-SYSTEMS

    Directory of Open Access Journals (Sweden)

    Nicolai N. Samoilenko

    2013-01-01

    Full Text Available The concept and essence of intellectual property management are considered in the article, as well as the models, the methods and the tools of intellectual property management of holding structures. In particular, the life cycle of object of intellectual property is described, the concept "intellectual property management" is created, the most effective models of intellectual property management are revealed, and also the instruments of intellectual property management of a holding company and its sub-systems are defined.

  1. A Case Study of Inventory Management in a Manufacturing Company in China

    OpenAIRE

    Shen Hong; Deng Qiang; Lao Rebecca; Wu Simon

    2016-01-01

    In this paper, we focus on inventory management in a manufacturing company in China. This study aims to identify the key factors that influence inventory management practices, investigate efficient and effective inventory management approaches, and examine the impact of supplier cooperation on supply chain improvement. A case study approach is used to identify the key factors that influence inventory management in a factory. Efficient and effective inventory management practices are derived f...

  2. Trends and patterns in contemporary management in smaller companies: The Danish perspective

    OpenAIRE

    Ulhøi, John Parm; Madsen, Henning

    2001-01-01

    This paper reports empirical findings from a recent survey of Danish managers with a special focus on managers from smaller companies. The survey has been initiated in Denmark and it is called the 'Danish Management Barometer'. The project is a joint research program between the Aarhus School of Business and the Danish Association of Managers and Executives. It is based on a structured, pre-tested questionnaire send out to 1500 pre-notified managers in Denmark aiming at establishing a...

  3. KNOWLEDGE MANAGEMENT PRACTICES IN INDIAN SOFTWARE DEVELOPMENT COMPANIES: FINDINGS FROM AN EXPLORATORY STUDY

    Directory of Open Access Journals (Sweden)

    Manish Kumar

    2005-01-01

    Full Text Available Knowledge management (KM is becoming an important management responsibility as organizations increasingly invest significant information technology (IT resources to support acquisition, storage, sharing, and retrieval of knowledge. Furthermore, KM plays a critical role in organizations that rely primarily on intellectual capital, such as software development companies. In this paper, we report the findings of an exploratory study where we investigate the KM practices of eight leading software consultancy companies in India and compare our findings with results from a similar study by Alavi and Leidner (1999. Finally, we suggest a technical and social infrastructure to help enhance KM capability of software development companies in India.

  4. Foodservice yield and fabrication times for beef as influenced by purchasing options and merchandising styles.

    Science.gov (United States)

    Weatherly, B H; Griffin, D B; Johnson, H K; Walter, J P; De La Zerda, M J; Tipton, N C; Savell, J W

    2001-12-01

    Selected beef subprimals were obtained from fabrication lines of three foodservice purveyors to assist in the development of a software support program for the beef foodservice industry. Subprimals were fabricated into bone-in or boneless foodservice ready-to-cook portion-sized cuts and associated components by professional meat cutters. Each subprimal was cut to generate mean foodservice cutting yields and labor requirements, which were calculated from observed weights (kilograms) and processing times (seconds). Once fabrication was completed, data were analyzed to determine means and standard errors of percentage yields and processing times for each subprimal. Subprimals cut to only one end point were evaluated for mean foodservice yields and processing times, but no comparisons were made within subprimal. However, those traditionally cut into various end points were additionally compared by cutting style. Subprimals cut by a single cutting style included rib, roast-ready; ribeye roll, lip-on, bone-in; brisket, deckle-off, boneless; top (inside) round; and bottom sirloin butt, flap, boneless. Subprimals cut into multiple end points or styles included ribeye, lip-on; top sirloin, cap; tenderloin butt, defatted; shortloin, short-cut; strip loin, boneless; top sirloin butt, boneless; and tenderloin, full, side muscle on, defatted. Mean yields of portion cuts, and mean fabrication times required to manufacture these cuts differed (P < 0.05) by cutting specification of the final product. In general, as the target portion size of fabricated steaks decreased, the mean number of steaks derived from any given subprimal cut increased, causing total foodservice yield to decrease and total processing time to increase. Therefore, an inverse relationship tended to exist between processing times and foodservice yields. With a method of accurately evaluating various beef purchase options, such as traditional commodity subprimals, closely trimmed subprimals, and pre-cut portion

  5. Consumer perceptions on sustainable practices implemented in foodservice organizations in Korea

    OpenAIRE

    Ju, Seyoung; Chang, Hyeja

    2015-01-01

    BACKGROUND/OBJECTIVES Sustainable practices in foodservice organizations including commercial and noncommercial ones are critical to ensure the protection of the environment for the future. With the rapid growth of the foodservice industry, wiser usage of input sources such as food, utilities, and single use packaging should be reconsidered for future generations. Therefore, this study aims to investigate the customer's perceptions on sustainable practices and to identify the relationship amo...

  6. Energy Efficiency in Food-Service Facilities : The Case of Långbro Värdshus

    OpenAIRE

    Paillat, Etienne

    2011-01-01

    Food-service facilities have high energy intensities compared to other commercial buildings due to their energy use for cooking and refrigeration. Assessing the energy performance of such facilities has two main purposes. The first one is to evaluate how efficient food-service facilities are and to compare the results with other similar facilities. The second objective is to get a deeper analysis of the energy uses, what enables an easier identification of the processes whose energy efficienc...

  7. How do the work environment and work safety differ between the dry and wet kitchen foodservice facilities?

    OpenAIRE

    Chang, Hye-Ja; Kim, Jeong-Won; Ju, Se-Young; Go, Eun-Sun

    2012-01-01

    In order to create a worker-friendly environment for institutional foodservice, facilities operating with a dry kitchen system have been recommended. This study was designed to compare the work safety and work environment of foodservice between wet and dry kitchen systems. Data were obtained using questionnaires with a target group of 303 staff at 57 foodservice operations. Dry kitchen facilities were constructed after 2006, which had a higher construction cost and more finishing floors with ...

  8. Implementing talent management in a global services company

    OpenAIRE

    Staunton, Michael

    2014-01-01

    This research study is focused on the field of Talent Management (TM) as part of the Portsmouth DBA programme. The study aims to help address existing gaps in the academic and practitioner knowledge around TM. TM is one of the most important areas for Human Resources Management and is also one of the key challenges for organisation and management (Thunnissen, Boselie, & Fruytier, 2013). For the practitioner the study adds the perspectives of the senior executive, line managers, and HR practit...

  9. Implementing healthier foodservice guidelines in hospital and federal worksite cafeterias: barriers, facilitators and keys to success.

    Science.gov (United States)

    Jilcott Pitts, S B; Graham, J; Mojica, A; Stewart, L; Walter, M; Schille, C; McGinty, J; Pearsall, M; Whitt, O; Mihas, P; Bradley, A; Simon, C

    2016-12-01

    Healthy foodservice guidelines are being implemented in worksites and healthcare facilities to increase access to healthy foods by employees and public populations. However, little is known about the barriers to and facilitators of implementation. The present study aimed to examine barriers to and facilitators of implementation of healthy foodservice guidelines in federal worksite and hospital cafeterias. Using a mixed-methods approach, including a quantitative survey followed by a qualitative, in-depth interview, we examined: (i) barriers to and facilitators of implementation; (ii) behavioural design strategies used to promote healthier foods and beverages; and (iii) how implementation of healthy foodservice guidelines influenced costs and profitability. We used a purposive sample of five hospital and four federal worksite foodservice operators who recently implemented one of two foodservice guidelines: the United States Department of Health and Human Services/General Services Administration Health and Sustainability Guidelines ('Guidelines') in federal worksites or the Partnership for a Healthier America Hospital Healthier Food Initiative ('Initiative') in hospitals. Descriptive statistics were used to analyse quantitative survey data. Qualitative data were analysed using a deductive approach. Implementation facilitators included leadership support, adequate vendor selections and having dietitians assist with implementation. Implementation barriers included inadequate selections from vendors, customer complaints and additional expertise required for menu labelling. Behavioural design strategies used most frequently included icons denoting healthier options, marketing using social media and placement of healthier options in prime locations. Lessons learned can guide subsequent steps for future healthy foodservice guideline implementation in similar settings. © 2016 The British Dietetic Association Ltd.

  10. HUMAN RESOURCE MANAGEMENT and COMPANY PERFORMANCE: WHAT DO WE ACTUALLY KNOW?

    Directory of Open Access Journals (Sweden)

    Andronicus TORP

    2015-06-01

    Full Text Available This article examines the – presumed – link between Human Resource Management (HRM, more exactly the High Involvement Work Systems (HIWS and Company Performance, also known as the HR-P link. It does so in a somehow historical way, showing the development of the Human Resource Management field and how the presumed link with company performance slowly, slowly emerged and became a foundation in the way people think about Human Resource Management. In the end of the article the possibility of making Human Resource Management an objective, quantitative science, based on one of the principles of Quantum Physics;electromagnetism, isintroduced as a future study topic.

  11. Management of the Technological Innovation Process in Software Companies from Sinaloa, Mexico

    Directory of Open Access Journals (Sweden)

    Alejandra MIRANDA FELIX

    2016-06-01

    Full Text Available The objective of this paper is to explain the management process of technological innovation within certified software companies from Sinaloa, considering their strategic technology plan, innovative processes, and intellectual capital. This work is based on the study of 9 software companies located in Sinaloa and certified through the CMMI (Capability Maturity Model for Integration process. Their problems are grouped into three areas: 1 strategic technology plan, 2 innovation and 3 intellectual capital. We propose a model of innovation management to explain and evaluate the integration of those three areas applying a mixed methodology, theoretical foundations, and the analysis of the results. The overall results reveal that the certified software companies from Sinaloa manage innovation informally, through an internal, costly and independent innovation process without considering alliances with other companies, educational institutions, government agencies, technology parks or research and development centers.

  12. The Core Services of the Facilities Management Based Company in Malaysia

    Directory of Open Access Journals (Sweden)

    Ahmad Zawawi Zuraihana

    2014-01-01

    Full Text Available Many questions rose on defining the implementation of Facilities Management (FM in Malaysia. To date, the FM player only provided services sufficiently without the desires to enhance their services by taking into account the standard of practice which should form the basis. The extent of the services in Facilities Management based companies in Malaysia is not known and this paper aimed to identify within the context. The scope of study is limited to respondents in Klang Valley area. Literature review is used as a basis and questionnaires survey distributed to 20 companies, representing 56% of the total FM companies in Klang Valley are used to capture the data. The senior management level is assessed to represent. The results revealed that the implementation of facilities management services is limited, but still evolving. The majority of the FM based companies provides facilities services under the category of building operation and maintenance as their core business and procured them by in-house. The core services comprise of Electrical System, Cleaning, mechanical, HVAC system, plumbing & Sewerage , Fire Protection, Landscape, Lifts and Escalator, Security & Safety, Parking Management, Consultancy & Advisory Services, Waste Management, ICT System, Pest Control, Energy Management & Conservation, Building Audit Services, Customer Care Management, Transition Management, Catering &Vending Services. Based on what FM can offer, there is the necessity to reinforce the awareness to ensure continuously improve the management of national assets and facilities.

  13. The Design of Integrated Logistics Management System of an Industrial Company

    Directory of Open Access Journals (Sweden)

    Hart Martin

    2017-01-01

    Full Text Available In the contemporary global business markets environment, when the business markets are getting more and more commercial, there are growing demand for effective management of material flows. The effectivity and effectiveness of planning, management and control the material flows across an industrial company and its distribution networks, represents one of the main pillar regarding the high level of competitive advantage within the frame of supply chains. Thus, the company information management system design should have also included a module of integrated logistics management system to ensure required level of material flow management effectivity and effectiveness. The article deals with brief description of the issues on company management, company information management systems and logistics management. Further it’s stated the methodology to created integrated logistics management system, which is containing the methodics to design logistics management sub-systems of purchasing, manufacturing, distribution and reverse material flows. The essential methodics of the stated methodology is the methodics to create independent demand forecasting sub-system.

  14. FINANCIAL MANAGEMENT OF THE COMPANY THROUGH THE CAPITALIZATION OF FINANCIAL-ACCOUNTING INFORMATION

    Directory of Open Access Journals (Sweden)

    Boby COSTI

    2014-06-01

    Full Text Available This article aims to highlight the role of financial-accounting information for the use in the financial management of the company, starting from the most recent writings in the field. Although it is hard to imagine that the financial management uses individualized financial- accounting information, attributed solely to a particular activity within the enterprise, still we tried to address the information according to the main activities that produce and use information, respectively: of investment, of exploitation and of financing. A proper management, at the company’s level, contributes to better products at lower prices, a higher salary and at the same time, to achieve higher incomes for those who contributed with capital in that company. Therefore, the financial management is a subsystem of the overall management of the company, aimed at ensuring the necessary financial resources, their profitable allocation and use, increasing the company’s value and of the safety of patrimony.

  15. How Do Large Companies Manage Their Investments Across the Three Horizons?

    Directory of Open Access Journals (Sweden)

    Peter Carbone

    2012-04-01

    Full Text Available Technical entrepreneurship continues to be important to a technology company’s health and growth, even after it has successfully delivered its first product. It is essential to help the company deal with competitive forces and to renew its revenue stream. However, as the company grows, its entrepreneurial capability often becomes handicapped both by company culture as well as external pressures. The company must achieve the right mix of investment and level of attention across three time horizons of growth: immediate, imminent, and future. This balancing act requires a commitment to a strategic growth goal, appropriate tools, and leaders that can manage significant degrees of uniqueness in the resources that address each of these time horizons. This article discusses some of the horizon-management challenges faced by top management teams of large companies and overviews some mechanisms and processes that have worked effectively. Large companies must overcome internal teams’ divergent values and culture as well as significant external, short-term pressures being applied by their existing base of customers and markets. Discipline at the entry point to Horizon 3 (exploratory phase and then a rapid transition to Horizon 1 (current operations is the priority of any successful growth company.

  16. An approach for management of mobile devices in pharmaceutical company

    OpenAIRE

    Prešeren, Tadej

    2008-01-01

    The areas of the mobile device management is developing very fast. Hence, the thesis “An approach for management of mobile devices in pharmaceutical company” introduces all key directives that should be considered when implementing mobile device management. A survey of standards and recommendations on the mobile device security has been elaborated. Relevant guidelines for security policy definition are presented with the risk analysis for mobile device usage. Furthermore, the model for mana...

  17. Managing change in performance measures – An inter-company case study approach

    Directory of Open Access Journals (Sweden)

    Salloum, M.

    2012-01-01

    Full Text Available The field of performance measurement and management (PMM is well filled with frameworks, models and guidelines addressing what to measure and how to design a performance measurement system (PMS. However, what has been less examined so far is how to ensure that PM evolve in tandem with their environments. Further, the few approaches available today are prescriptive and outlines how or what practitioners should do in order to manage change in their PM. Thus, a gap exists in understanding how organisations manage change in their PM in practice. Thus, the purpose of this paper is to outline and compare the approaches of three case companies for managing PM change. In order to fulfil the purpose of the paper, the data presented has been collected through the deployment of case studies. The choice of case studies as means for data collection stems from the possibility of an in-depth and holistic examination of the formulated phenomenon. All three case companies belong to the same company-group that operates within the transportation industry. The industrial footprint of the company is global with operations and sales spread out over the world. The findings suggest that all three companies have processes in place for managing change in PM. However, the approaches differ in design and context. Even though the case companies had different approaches in place to manage change in PM, they shared several commonalities. Commonalities were shared in the way of execution, process input and challenges in IT and culture. Furthermore, employee involvement seemed to be the biggest challenge for all three companies. The findings put forward in this paper are limited as they are confined to three companies from the same company-group. More studies, both from within and outside the company-group, are needed in order to establish a solid base of empirical data for generalisation. However, this paper makes a contribution both through describing how three companies

  18. Investigation into knowledge management in SMEs: Case of a Finnish telecomunications company

    OpenAIRE

    Le, Trang

    2017-01-01

    The study investigates knowledge management in a Finnish SMEs and proposes appropriate practices to improve the status quo of the case company. Knowledge management is the management practice to leverage organizational knowledge to add value to the organization. Knowledge management is a significant source of competitive advantage, a crucial element of organization core competencies and a fundamental need for the learning organization. In spites of its enormous contribution to the organizatio...

  19. An Actor's Approach to Management Conceptual framework and company practices

    DEFF Research Database (Denmark)

    -based strategy of growth - becoming a nationwide bank (Lennart Nørreklit & Poul Israelsen) Chapter 4. Constructing topos in inter-organisational relationships by means of management technologies (Morten Jakobsen) Chapter 5. Actor-based management - the Tesco way (Gudrun Baldvinsdottir, Inga-Lill Johansson...

  20. PROPOSAL OF A MODEL MANAGEMENT TO SMALL DESIGN COMPANIES

    Directory of Open Access Journals (Sweden)

    Otávio José de OLIVEIRA

    2008-11-01

    Full Text Available The main purpose of this paper is the proposition of a management model specifically developed for small building design firms, aligned with their needs and particularities. The field research was conducted with a qualitative approach through the analysis of four case studies in small building design firms acting mainly in São Paulo City. The data collection was accomplished through semi-structured interviews, direct observation and analysis of documents. The proposed model includes guidance to the management of the core processes and activities of small building design firms, such as: organizational structure; strategic planning; planning and control of design process; costs management; sales management; information systems; human resources management; services added to the design; and performance evaluation. Key-words: design firms; design process; building construction.

  1. Implementation of Statistical Methods and SWOT Analysis for Evaluation of Metal Waste Management in Engineering Company

    Directory of Open Access Journals (Sweden)

    Záhorská Renáta

    2016-12-01

    Full Text Available This paper presents the results of the waste management research in a selected engineering company RIBE Slovakia, k. s., Nitra factory. Within of its manufacturing programme, the mentioned factory uses wide range of the manufacturing technologies (cutting operations, metal cold-forming, thread rolling, metal surface finishing, automatic sorting, metrology, assembly, with the aim to produce the final products – connecting components (fasteners delivered to many industrial fields (agricultural machinery manufacturers, car industry, etc.. There were obtained data characterizing production technologies and the range of manufactured products. The key attention is paid to the classification of waste produced by engineering production and to waste management within the company. Within the research, there were obtained data characterizing the time course of production of various waste types and these data were evaluated by means of statistical method using STATGRAPHICS. Based on the application of SWOT analysis, there is objectively assessed the waste management in the company in terms of strengths and weaknesses, as well as determination of the opportunities and potential threats. Results obtained by the SWOT analysis application have allowed to come to conclusion that the company RIBE Slovakia, k. s., Nitra factory has well organized waste management system. The fact that the waste management system is incorporated into the company management system can be considered as an advantage.

  2. Inclusive Business - What It Is All About? Managing Inclusive Companies

    Directory of Open Access Journals (Sweden)

    Tea Golja

    2012-01-01

    Full Text Available Following the challenges we face today, the inclusive business models are future business models through which the Millennium Development Goals can be fostered and strengthen. These are the models which, through their strategic orientation on inclusivity, include low income communities in their value chain. This can be done through combining variety of strategies which all have two common points – recognition of stakeholders and adjustment of the product to the target market. The paper presents the analysis of inclusive markets. Hence, the research results show the dispersion of inclusive businesses worldwide, type of the organization, sector coverage, and contribution to MDGs as well as the particular way of inclusion of low income communities in their value chain. The aim is to present how inclusive business benefits not only the low income societies, but the companies that operate in this way as well.

  3. Increase of Technogenic Safety of a Waste Management Company

    Directory of Open Access Journals (Sweden)

    Cudečka-Puriņa Natālija

    2017-11-01

    Full Text Available Waste management is often recognised in the society as an activity sector possessing an extensive potential harm on technogenic safety. As most of the European Union countries have experienced at least theoretical shift from waste management to resource management, it is now extremely important to implement this shift in practice, moving from disposing waste or by-products to developing a cooperation network that allows different industries to use each other’s waste as resources. This shift will lead to saving of primary resources and raw materials and develop recycling and reuse, bringing them to a higher level.

  4. POSSIBILITIES OF ORGANIZING THE ROMANIAN MANAGEMENT ACCOUNTING FOR A COMPANY WHICH APPLIES LEAN ACCOUNTING

    Directory of Open Access Journals (Sweden)

    OFILEANU DIMI

    2015-12-01

    Full Text Available The article presents a way of organizing the management accounting and the calculation of costs for the companies whose management is based on Lean thinking. It is presented an adaptation of the Romanian General Chart of Accounts to the specifics of Lean accounting but also the mode of operation of accounts used in illustrating the economic-financial operations. Also, the article presents the methodological stages regarding the management accounting and the calculation of costs within a company that uses Lean accounting

  5. Capitated chronic disease management programs: a new market for pharmaceutical companies.

    Science.gov (United States)

    Cave, D G

    1995-01-01

    With corporatism of the medical care delivery system, the pharmaceutical industry is searching for new ways to market prescription drug product lines. A new strategy focuses on developing chronic disease management programs. In doing so, pharmaceutical companies work with clinical leaders of HMOs or large physician groups on disease management guidelines to reduce practice pattern variations and improve the quality of patient care. In addition, pharmaceutical companies capitate payment to physicians treating chronic disease patients to give them financial incentives to comply with the disease management guidelines.

  6. Analysis of the Company Officer Management Information System (COMIS) Performance Measurement Software at the United States Naval Academy

    National Research Council Canada - National Science Library

    Larges, Chad

    2000-01-01

    .... In 1999, the Company Officer Management Information System (COMIS) prototype was created to work in conjunction with MIDS to enhance a Company Officer's ability to develop midshipmen and measure their performance...

  7. Top Management Team Diversity and Company Performance: The moderating effect of Organization Life Cycle

    Directory of Open Access Journals (Sweden)

    Emil Velinov

    2016-12-01

    Full Text Available The research paper examines the moderating impact of Organizational Life Cycle on the relationship between Top Management Team Diversity and Company Performance. The study first elaborates and establishes the theoretical link between organization lifecycle and composition of management elites. Second, a quantitative empirical study is conducted to test the OLC stages moderating impact on the upper echelons diversity and firm performance of the top companies in the Czech Republic. A detailed procedure is developed to accurately classify organizations at different lifecycle stages, drawing extensively on existing literature and scales. Paper findings state that more mature the company becomes, more diversified the senior management is regardless the firm performance. Also, the industry dynamism impact has its own role in the relationship between the organization life cycle and senior management diversity which is expressed by the paper findings as well.

  8. Knowledge management in small and medium-sized companies; Wissensmanagement bei kleinen und mittleren Unternehmen

    Energy Technology Data Exchange (ETDEWEB)

    Basu, M. [Netzwirtschaft, EWR Netz GmbH, Worms (Germany); Neises, C. [Regulierungsmanagement, regionetz GmbH, Dueren (Germany)

    2008-12-15

    Knowledge management has now also reached the energy economy, as first branch-specific seminars show. This awakening interest is very much to be welcomed, although until now it has been more the representatives of large energy companies who have made themselves heard. Public utilities, which as a rule are subsumed under the category ''small and medium sized company'', have other possibilities as well as limitations than large corporations when it comes to knowledge management. The present article explains what knowledge management is and how public utilities and regional supply companies can identify and make practical use of opportunities available to them through knowledge management while giving due consideration to their structural characteristics.

  9. 77 FR 38884 - Sisseton Milbank Railroad Company-Acquisition and Operation Exemption-SLA Property Management...

    Science.gov (United States)

    2012-06-29

    ... DEPARTMENT OF TRANSPORTATION Surface Transportation Board [Docket No. FD 35641] Sisseton Milbank Railroad Company--Acquisition and Operation Exemption--SLA Property Management Limited Partnership and... verified notice of exemption under 49 CFR 1150.31 to acquire from SLA Property Management Limited...

  10. Professionalization of occupational health and safety management in Danish companies and the effects on worker participation

    DEFF Research Database (Denmark)

    Seim, Rikke; Limborg, Hans Jørgen; Jensen, Per Langaa

    2015-01-01

    The development of the internal OHS management is studied in sixty Danish companies, the results indicates an increase in professionalization, where employees - employed specifically with the purpose of managing OHS – are either supplementing or taking over from the mandatory OHS - committees. Th...

  11. THE EFFECTS OF CULTURE ON KNOWLEDGE MANAGEMENT PRACTICE: A QUALITATIVE CASE STUDY OF MSC STATUS COMPANIES

    Directory of Open Access Journals (Sweden)

    Charmaine Ryan

    2006-01-01

    Full Text Available Knowledge is recognised as being an important asset in organisations these days. Despite this, many organisations are not doing enough to effectively manage this important asset for its competitive advantage. In response to this, knowledge management which is defined as a process that effectively creates, captures, shares and uses organisation-wide knowledge to improve the organisation’s performance was conceived and has since gained widespread acceptance the world over. Despite its widespread acceptance, little is known about the current levels of knowledge management within the Malaysian context, in particular amongst the Multimedia Super Corridor (MSC status companies in Malaysia. Furthermore, the extent to which cultural factors impact upon knowledge management practice in these companies is not known. This study investigated the various cultural factors (collaboration, mutual trust, leadership and incentives/rewards using a multiple case study approach operating within a critical realism research paradigm and found that these factors have impact on the level of knowledge management practice. The study also established that cultural factors do play an important role in facilitating knowledge management practice in these MSC status companies in Malaysia. It was found that collaboration, mutual trust, leadership, kiasu-ism and incentives/rewards have significant impact on the level of knowledge management practice. In view of the findings of this study, it is suggested that the relevant authorities pay adequate attention on these cultural factors to ensure that the knowledge management initiatives undertaken by Malaysian companies are effectively deployed.

  12. Exchange Rate Exposure Management: An Empirical Study into the Strategies of Industrial Companies

    DEFF Research Database (Denmark)

    Aabo, Tom

    1999-01-01

    This cross-case study of eight blue-chip industrial companies extends previous studies of why exchange rate exposure management is done the way it is. While hedging should not be pursued unless it creates value, the operational objectives differ among companies. Avoiding financial distress...... that major reasons behind this focus are the dynamic development of the competitive environment and the ability of the specific company to counter unfavorable changes in exchange rates by the exercise of real options (e.g. reallocation of production resources). As such, the study shows the in adequacy...... in taking a partial and static financial approach when making theoretical recommendations for managing exchange rate exposures in industrial companies....

  13. STAFF AND COMPANY VALUE MANAGEMENT ON THE BASIS OF HUMAN CAPITAL ESTIMATION

    Directory of Open Access Journals (Sweden)

    Dokukina S. M.

    2014-09-01

    Full Text Available The statement «the main asset of any company is its staff» has already become axiomatic. People is the only competitive advantage the companies have now, although for many years the possession of technologies is considered as a competitive advantage. The article covers essential questions connecting with staff management to executive strategy of value based management. The problems connected with the estimation of human capital as long-term factor of the company’s value growth are described. However one can implement in practice only in condition that it may be estimated or measured. The author puts forth his conception of the technique of human capital estimation. Approaches and methods of the estimation of human capital of company are systematized and described. The estimation of human capital elements allows to find out the potential of this intangible asset in order to increase the value of company.

  14. Strategic Management Practices in Brazilian Dance Companies: Between Art and Cultural Industry

    Directory of Open Access Journals (Sweden)

    Doris Dornelles de Almeida

    2013-09-01

    Full Text Available This paper highlights trough theoretical and empirical research the main practices of dance companies‟ strategic management in Brazil. The theoretical investigation deepens themes as sponsorship, strategic planning, creation and implementation of creative strategies and economic sustainability in dance companies. The empirical research evolves qualitative method, exploratory and interviews with seven Brazilian dance companies managers from: Goiânia (1, Rio Grande do Sul (3, Paraná (1, Rio de Janeiro (1 e São Paulo (1. The analysis of the main practices of dance companies‟ strategic management is: few practice and considerable concern about strategic management planning; resistance to apply management techniques enforcement; audience and sponsors should have limited influence in dance companies‟ management; difficulty to accept itself inside the competitive cultural industry market. This study contributes for the development and state of art of Management science and Dance studies.

  15. Effectiveness of marketing in management marketing activity agricultural companies

    OpenAIRE

    KUCHER O.

    2012-01-01

    Modern approaches to evaluating the effectiveness of marketing activity are investigated. The influence of marketing expenses on actualization volume of output is analyzed. A methodical approach of defining economic efficiency in marketing sales in management business is offered.

  16. Managing the risk of outsourcing the IT function at companies

    Directory of Open Access Journals (Sweden)

    Louise van Scheers

    2016-08-01

    Full Text Available The main objective for this secondary research is to determine whether the risk of outsourcing the IT function can be managed. Driven by political and economic dynamic changes, facilities management was borne to enable reacting to change. Doing business in today’s global economy requires exceptional skills from management in order to be competitive and to have a specific competitive advantage over competitors are getting even more demanding. One of the widest used methods of facilities management deployed by organisations is that of outsourcing in various forms (i.e. I.T., H.R., Distribution, Warehousing, etc. for various different reasons (i.e. reduce costs, improve quality, focus on core business, etc.. In order for outsourcing to be successful, it needs to add benefits to profits, efficiency or effectiveness ethic. Outsourcing assists management to gain a competitive advantage over competitors within their specific industries as part of their organizational strategies and developing or strengthening core competencies at the same time. Global outsourcing on the other hand leads to controversy inasmuch as it reduces home-country economic activity and employment. The consulted secondary resources confirm that if outsourcing delivers managers can take calculated decisions to use it in their businesses. The future of outsourcing is promising as non-core functions of businesses may rather be outsourced to save on costs. A broad set of new and alternative IT delivery models are already main stream. These models receive attention because of benign economic market conditions

  17. Value Creation through IT-supported Knowledge Management? The Utilisation of a Knowledge Management System in a Global Consulting Company

    Directory of Open Access Journals (Sweden)

    Karlheinz Kautz

    2003-01-01

    Full Text Available Although many consulting companies have introduced IT-supported knowledge-management systems, and proponents of the literature continue to advocate knowledge management as a key to competitive advantage in consultancies, many knowledge management systems have fallen short of expectation in companies that have adopted them. However, empirical studies regarding the performance implications of these systems are missing. This paper reports such an empirical, explorative study identifying the extent as well as impediments of the utilization of an IT-supported knowledge management system in a large, global consulting company. The main findings are that the majority of the IT users are not familiar with the knowledge management framework of the company; still the knowledge management system is used by 3/4 of all respondents, but mainly to search for general information, much less to participate in competence networks to develop shared knowledge assets. The knowledge management system is not used as the primary repository and communication media for knowledge assets. The limited use is explained by the practitioners as being caused by lack of time and their perception of the system as a slow and poorly structured technical infrastructure. These and other findings are discussed with regard to the current understanding of knowledge management as presented by the literature, and important issues with regard to future research integrating individual, organisational, technical and economical perspectives of knowledge management are raised.

  18. Customer Relationship Management Systems - Why Many Large Companies Do Not Have Them?

    Science.gov (United States)

    Cunha, Manuela; Varajão, João; Santana, Daniela; Bentes, Isabel

    Today's information technologies are heavily embedded in the reality of organizations. Their role is essential not only at the level of internal processes optimization, but also the interaction between the company and its environment. In this context, the Customer Relationship Management (CRM) systems are powerful competitive tools in many different sectors of activity. Despite the undeniable importance of these systems, there are in practice, many large companies that do not use them. Supported by the results of a survey carried out in a sample of large enterprises, this paper seeks to answer to the research question "why many large companies do not have CRM systems".

  19. COMPANY SUSTAINABILITY PROVISION ORGANIZATIONAL MECHANISM AS ALTERNATIVE TO ANTI-CRISIS MANAGEMENT

    Directory of Open Access Journals (Sweden)

    A. D. Bobryshev

    2012-01-01

    Full Text Available Experience available for practical implementation of anti-crisis company (particularly industrial enterprise management methods under conditions of proceeding destruction of scientifi c and technical potential of the country proves their ineff ectiveness, so other theoretical and practical solutions capable of changing the situation are to be searched. In this respect, creation of an organizational mechanism for a company to function sustainably through minimization of the infl uence of crisis phenomena consequences on activities of the company seems to have good prospects.

  20. Customer Relationship Management in Ping An Life Insurance Company of China, Ltd

    OpenAIRE

    Deng, Qun

    2010-01-01

    This thesis utilized the systematic research about the latest Customer Relationship Management (CRM) theories to get more theoretical information, and then took a Chinese-funded insurance company-- Ping An Life Insurance Company of China, Ltd (Ping An) for the case study. The thesis aimed at giving some suggestions for improvements of the Ping An’s CRM, which are based on the theoretic and practical research about CRM. Furthermore, the case study also could give some suggestion...

  1. The Balance Sheet as an Earnings Management Constraint (Case Study in Indonesia Manufacture Company)

    OpenAIRE

    Sudaryati, Dwi

    2012-01-01

    This research has the purpose to examine the balance sheet existence as an earnings management constraint. This research use the secondary which it is taken from the quarterly financial statement of manufacture companies listed on Indonesia Stock Exchange (IDX) during 2008-2009 periods. This research used 68 manufacture companies as its sample. Then, the obtained data has regression analyzed by Generalized Ordered Logit Model. The Output of regression indicates that there is significant relat...

  2. The Balance Sheet As an Earnings Management Constraint (Case Study In Indonesia Manufacture Company)

    OpenAIRE

    Dwi Sudaryati

    2015-01-01

    This research has the purpose to examine the balance sheet existence as an earnings management constraint. This research use the secondary which it is taken from the quarterly financial statement of manufacture companies listed on Indonesia Stock Exchange (IDX) during 2008-2009 periods. This research used 68 manufacture companies as its sample. Then, the obtained data has regression analyzed by Generalized Ordered Logit Model. The Output of regression indicates that there is significant relat...

  3. Earnings Management, Ownership Expropriation and Brokerage Fee of Malaysian Property Companies

    OpenAIRE

    Ung, Lik-Jing; Brahmana, Rayenda; Puah, Chin Hong

    2014-01-01

    Real estate values in Malaysia have climbed steadily over the years due to a combination of reasons giving companies a higher brokerage fee. In corporate governance literature, ownership expropriation is crucial in the relationship between income (brokerage fee) and earnings management. However, research investigating whether real estate companies might manipulate their earnings through the brokerage fee across ownership expropriation is limited. Therefore, this study uses real estate firms l...

  4. Specifics of the Strategic Management of Innovative Activity of Big Development and Construction Companies

    OpenAIRE

    Bukreev Anatoly; Vasilyeva Olga; Vlasenko Vyacheslav; Sizova Evgeniya

    2017-01-01

    In modern conditions, which are characterized by organizational, economic and institutional transformations, the question about strategic management of innovative activity of big construction and development companies, which are drivers of innovation activity growth, which requires methodical substantiation of the strategy of innovatization of development. Features of innovative activity of large holding companies in these areas are grounded empirically in the article. Problematic field of in...

  5. EMPIRICAL STUDY OF SUPPLIER SELECTION PRACTICES IN SUPPLY CHAIN MANAGEMENT IN MANUFACTURING COMPANIES

    OpenAIRE

    DAN WANG; YEZHUANG TIAN; YUNQUAN HU

    2005-01-01

    Supply chain management has seen a wide application since the 1990s in satisfying diversified customer demands. To remain competitive on a global scale, manufacturing companies greatly increased the scope of their outsourcing activities. Consequently, supplier selection has become a highly prioritized activity with major significance to companies. Previous studies of supplier selection show that there are commonly accepted supplier selection criteria. However, there are insufficient studies o...

  6. Management of marketing activities of research companies on the basis of rating evaluation of intangible assets

    OpenAIRE

    O.V. Kudyrko

    2013-01-01

    The article considered the essence of management of marketing research companies on the basis of intangible assets ratings.Despite the quantitative growth of the research market remain actual such problem as the market niche definition, the formation of own customer network, the effective positioning on the market. There are no objections that it is impossible to win the competition relying only on the strengths of tangible assets using. Competitive of the research companies is determined by ...

  7. CRM (customer relationship management) applications in the Greek mobile telephony companies: a comparative analysis

    OpenAIRE

    Μπλέρη, Ε.; Μιχαλακοπούλου, Μ.

    2006-01-01

    In today's constantly changing and very competitive marketplace companies have realized that customer service is a very important factor for their success. Customer Relationship Management (CRM), is a strategy that can help companies to build long lasting relationships with their customers, achieve customer loyalty and increase their profits. CRM is a combination of methodology, software and technologies and if it is adopted effectively it can offer value to the customer and to...

  8. How Could Companies Engage in Sustainable Landscape Management? An Exploratory Perspective

    Directory of Open Access Journals (Sweden)

    Paul Opdam

    2018-01-01

    Full Text Available Current concepts that aim to align economic development with sustainability, such as the circular and green economy, often consider natural systems as externalities. We extend the green economy concept by including the landscape as the provider of social, economic and environmental values. Our aim is to explore how companies could engage in creating landscape-inclusive solutions for sustainable landscapes. We propose a conceptual model of the relationship between companies and landscape services based on a demand for landscape benefits by companies, implications for wider society. We present a short overview of how scientists addressed the role of companies in landscape-inclusive solutions. We also give some examples taken from the World Wide Web to illustrate the variety of ways in which companies already invest in landscape services. Our findings suggest that the relationship between companies and landscapes is not yet strongly recognized in sustainability science. However, examples from practice show that some companies do recognize the added values of landscape services, to the extent that they invest in landscape management. We conclude that future research should provide information on the added value of landscape-inclusive solutions to companies, and increase their capacity to engage in regional social–ecological networks.

  9. Solid construction waste management in large civil construction companies through use of specific software - case study

    Directory of Open Access Journals (Sweden)

    Caio Dalla Zanna

    2017-05-01

    Full Text Available In the current construction market there is a high demand for sustainability. In addition to that the Brazilian government is enacting tougher and tougher legislation on the disposal of solid construction waste. These demands increasingly make the construction company responsible for the entire lifecycle of its waste as well as the accompanying cost and environmental impact of solid waste. A software program was used in the research which allows construction companies gather information about waste. This helps the decision makers, at all different levels of the company improving waste management through better decisions. The software program was used during the construction of two residential buildings, constructed by a large construction company in the South of Brazil. Five key performance indicators were used by the construction company team: Generated Waste Height (cm, cost per built area (R$ m-², Waste Segregation Quality Index (WSQI, Effective Waste Management Index (EWMI and Waste Management Quality Index (WMQI. After four months the total cost of waste management was R$ 83,551.71 for site A and R$ 91,668.02 for site B. About 70% of the waste was raw material waste. The software program provided information not previously available, which made it possible to calculate the cost of material loss, indicating corrective actions, all without losing sight of cost reduction opportunities for the management of Solid construction Waste (SCW.

  10. Knowledge Management in a Competitive Scenario of an Information Technology Company

    Directory of Open Access Journals (Sweden)

    Denise de Cuffa

    2015-06-01

    Full Text Available This research aimed at proposing a knowledge management plan to increase competitiveness in an information technology company. It used qualitative methodology based on a study case, which analyzed the context of internal and external environments in which Intelitech Company operates. The data collection was divided into three steps: (1 application of a questionnaire to the manager and Intelitech employees, which was composed of knowledge management practices (KMPs, aiming at obtaining previous practices from the company and therefore internal critical variables; (2 application of Rojo’s (2005 scenario simulation model in order to identify external critical variables; and (3 formulation of a proposal for KMPs improvements according to simulated scenarios and the internal and external critical variables previously identified. So, this research resulted in the development of an action plan for two scenarios: (C1 case scenario to expansion of the market, therefore the company could hire new employees and expand its physical structure o, enhance IT tools and ask for manager's flexibility towards a new culture; and (C2 also to observe an unfavorable scenario of restricted market, it would be necessary to build customers loyal order to use IT tools, as well as interact and communicate with them. Thus, it was concluded and confirmed the hypothesis that knowledge management can enhance competitiveness of an IT company.

  11. Diversity Management and Its Impact on HRM Practices: Evidence from Kuwaiti Companies

    Directory of Open Access Journals (Sweden)

    Oualid ABID

    2017-11-01

    Full Text Available The purpose of this paper is to analyze the Diversity Management implementation in Kuwaiti context and try to reveal its effects on human resource management practices. Data was collected through questionnaires from a variety of companies in the service sector in Kuwait. Convenient sampling method is applied. Among the questionnaires distributed 354 useful ones from 87 different companies were considered. An exploratory factor analysis (EFA with varimax rotation is used to determine the underlying dimensions of HRM and DM. Furthermore, a regression analysis is used to measure the effects of diversity management on HRM. The major findings of this study are as follows: first, there is a positive significant relationship between Diversity Management policies and Human Resources Management practices. The “ability to manage people from different backgrounds” have the most significant effect on HRM practices, followed by “Ability to work in harmony with people from different cultures” component, then “Avoidance of discrimination” component.

  12. Environmental management in companies: an analysis of the scientific production on environmental management in companies published in the main journals on administration between 1996 and 2005

    Directory of Open Access Journals (Sweden)

    Fernando César Almada Santos

    2008-07-01

    Full Text Available The aim of this article is to analyse the scientific production on environmental management in companies published in the six main journals on administration in Brazil (RAE, RAEE, RAUSP, RAP, REAd and RAC, during the period between 1996 and 2005. The following aspects were used in order to examine this academic production: quantitative progress of production; source of authorship; methodological profile; publication content and breadth; and internationalization level of references. The main concerns of this diagnosis are: the academic production on environmental management in companies corresponds to only 2,30% of the total production in administration; a significant part of this production is stimulated by international studies, mainly Hunt and Auster (1990 and Porter and Linde (1995; Brazilian research is restricted to small group of researchers and institutions, as almost 60% of the analyzed articles were published by only five institutions. Thus, this article contributes to the systematization of the academic production on environmental management in companies, as well as it provides insights for this field of research in Brazil.

  13. Expert assessment of the current state of the energy management system in the company

    Science.gov (United States)

    Minnullina, Anna; Abdrazakov, Rais

    2017-10-01

    The authors’ expert assessment of the current state of the energy management system in the company is proposed in the article. The experts are invited to assess the status of the energy management system in the following categories: energy policy, organizational structure, training, motivation, control, communication, investment, and energy consumption culture. For the purposes of interpretation of the results of the expert evaluation obtained, a gradation based on a possible range of values is proposed. The expert evaluation allows representing the status of the energy management system in general and at each of its individual levels, which makes it possible to identify the problem areas more accurately. To confirm the applied nature of the proposed methodology, the authors assessed the opinions of 8 experts, employed by the road construction company of the Tyumen Region and related in one way or another to the process of energy consumption in the company due to the nature of their activities.

  14. Influencing Factors on Earnings Management, Empirical Evidence from Listed German and Austrian Companies

    OpenAIRE

    Thomas Dilger; Sabine Graschitz

    2015-01-01

    Purpose – Since the 1960s earnings management has been a widely researched area and became presumably known by the current accounting scandals. This paper aims at empirically showing which factors affect earnings management. Design/methodology/approach – According to former research literature factors are derived, which might influence the companies' earnings management behavior. These factors are the applied accounting standard, the industry sector and the country of official quotation. ...

  15. Management and Communication of the Companies' Knowledge; Guidelines for Intellectual Capital Statement

    Directory of Open Access Journals (Sweden)

    Justyna Fijalkowska

    2008-04-01

    Full Text Available This paper aims at analyzing the development of guidelines on Intellectual Capital Statement, providing a comparison of them and presenting their importance within the knowledge management process of the today's companies. We entered the Knowledge Era in which the basic economic resources are no longer financial capital, physical resources, or labor, but knowledge, called also intellectual capital (IC. Many analysts and investors demand for more information and they highlight the gap that exists between the information found in companies' annual reports and the financial information regarding intangible part of the company requested by the market. Knowledge of the company should be measured and the effects should be communicated, as measurement without any further action has no sense. Intellectual capital statement seems an appropriate tool for that and becomes an integral part of the knowledge management of the modern enterprise. This kind of statement emphasizes the role of IC in relation to the value creation and communicates how knowledge resources are managed in the firms within a strategic objectives. This paper compares different approaches to IC statement preparation: underlines similarities and differences concerning the scope, methodology and terminology used and ensuing consequences. It raises significant implications for managers of the companies, researches and policy makers.

  16. BUSINESS PROCESS MANAGEMENT IN INSURANCE CASE OF JADRANSKO INSURANCE COMPANY

    OpenAIRE

    Sanja Coric; Danijel Bara

    2014-01-01

    Selling insurance products in conditions of today’s modern technological solutions is faced with numerous challenges. Business processes in insurance as well as the results of these business processes are the real interface to policyholders. Modeling and analysis of business process in insurance ensure organizations to focus on the customer and increase the efficiency and quality of work. Managing critical business processes in every single organization, likewise in insurance is a key factor ...

  17. The Fundamental Right to a Decent Work as a Resizing Factor of Company Managers Liability

    Directory of Open Access Journals (Sweden)

    Carla Eugenia Caldas Barros

    2016-11-01

    Full Text Available The present paper aims to point out the human labor value, based on the ideia of decent work as a fundamental right, and yet analyzes the impact of this influence on the company managers liability. Initially, based on the theoretical and descriptive method, describing the rise of human dignity as the center of the legal system and its connection to the labor fundamental rights, as a limiting factor on business activity. Finally, through the deductive method, showing how the resizing of the company managers liability is conditioned by the principles and values consolidated in the constitutional economic order.

  18. Have trends in adoption of corporate environmental management influenced companies' competitiveness?

    DEFF Research Database (Denmark)

    Madsen, Henning; Ulhøi, John Parm

    2003-01-01

    Corporate environmental management turned into a more formulated concept and a new managerial discipline two to three decades ago. Many companies have fully or partly adopted the concept in their efforts to eliminate or reduce the impacts on the natural environment caused by their business...... activities. The question is, however, if managers envisage corporate environmental initiatives as a challenge leading to strategic options, which at the end may influence the competitive situation of a company or are they seen as just another burden? Based on a series of surveys this paper reports...

  19. SURVEY REGARDING THE LEVEL OF PRODUCT LIFECYCLE MANAGEMENT IN MANUFACTURING COMPANIES

    Directory of Open Access Journals (Sweden)

    František Freiberg

    2011-12-01

    Full Text Available This article is about a questionnaire survey regarding the level of product lifecycle management in manufacturing companies in the Czech Republic. Based on the research available from foreign and domestic literature, a questionnaire survey was compiled and carried out with the purpose of applying the methods used in the life cycle management in selected areas: maintenance, information systems and the cost of the product lifecycle. The survey is carried out through a printed as well as an electronic questionnaire with additional structured interviews in selected manufacturing companies in the Czech Republic, Slovak Republic and Romania.

  20. Assessment and Management of Developer Company Competitiveness in the Conditions of Business Changes

    Directory of Open Access Journals (Sweden)

    Uvarova Svetlana

    2017-01-01

    Full Text Available Based on the analysis and assessment of modern of dynamics of organizational-economic changes, performed by the authors, there was revealed the necessity of improvement of approaches to the assessment and management by the companies’ competitiveness. Main fluctuations of the system of management by construction complex were defined and their influence on the level of competitiveness as both largest companies of the industry and the industry group as a whole was justified. Control structure diagram of the competitiveness of the developer’s company, which will lead to increasing of the business capitalization, imperative of which is high competitive stability, was proposed on the basis of the performed analysis.

  1. The OHS management system in the "small-sized" production company

    Directory of Open Access Journals (Sweden)

    Dorota Klimecka-Tatar

    2016-12-01

    Full Text Available In the article the problem with systemic management of safety in the smallest production entities has been shown. The effect of health and safety management system and the benefits resulting from it for the most numerous economic entities in Poland - microenterprises have been discussed. Moreover, the results of questionnaire examination conducted in several Polish production companies have been presented. Surveys were completed in companies in which the number of employees does not exceed 49 people (micro enterprise - from 1 to 9 employees and small enterprises - from 10 to 49 employees.

  2. The correlation between management power and risk in the Italian companies

    Directory of Open Access Journals (Sweden)

    Raffaella Scarabino

    2013-03-01

    Full Text Available The shareholders can not directly manage the business but they have powers of pulse and control by voting right that is essential for the correct functioning of the company. In 1942 the Italian legislature, although with some exceptions, adopted One share – One vote rule. The legal framework changed significantly after the enactment of corporate law reform in 2003. The objective of this research is to examine the status of the principle of correlation between management power and risk in the context of the regulatory framework of Italian public companies, as it emerged after the enactment of above mentioned corporate law reform in 2003.

  3. Specifics of the Strategic Management of Innovative Activity of Big Development and Construction Companies

    Directory of Open Access Journals (Sweden)

    Bukreev Anatoly

    2017-01-01

    Full Text Available In modern conditions, which are characterized by organizational, economic and institutional transformations, the question about strategic management of innovative activity of big construction and development companies, which are drivers of innovation activity growth, which requires methodical substantiation of the strategy of innovatization of development. Features of innovative activity of large holding companies in these areas are grounded empirically in the article. Problematic field of innovation management is systematized and the advantages of different types of holdings in the implementation of innovations are structured. Authors propose a methodical approach to building of the innovative strategy and innovative construction holding portfolio.

  4. Customer Relationship Management System in Occupational Safety & Health Companies: Research on Practice and Preliminary Design Solution

    Directory of Open Access Journals (Sweden)

    Robert Fabac

    2011-10-01

    Full Text Available One of the most prominent contemporary trends in formation of companies is the approach to development of a customer-oriented company. In this matter, various versions related to the intensity of this orientation are differentiated. Customer relationship management (CRM system is a well-known concept, and its practice is being studied and improved in connection to various sectors. Companies providing services of occupational safety and health (OHS mainly cooperate with a large number of customers and the quality of this cooperation largely affects the occupational safety and health of employees. Therefore, it is of both scientific and wider social interest to study and improve the relationship of these companies with their customers. This paper investigates the practice of applying CRM in Croatian OHS companies. It identifies the existing conditions and suggests possible improvements in the practice of CRM, based on experts’ assessments using analytic hierarchy process evaluation. Universal preliminary design was created as a framework concept for the formation of a typical customer-oriented OHS services company. Preliminary design includes a structural view, which provides more details through system diagrams, and an illustration of main cooperation processes of a company with its customer.

  5. Measuring the impact of total quality management on financial performance of croatian companies

    Directory of Open Access Journals (Sweden)

    Dubravka Pekanov Starčević

    2012-12-01

    Full Text Available Changes in the business environment have resulted in increasing the importance of the quality of products and services of a company. Insisting on quality has become a strategic goal of a company and a determiner of competitiveness both in the home and international market. The traditional approach to quality included determination of product quality after production was completed. High costs of testing to determine the quality of products and services concludes that quality assurance must be approached differently. Product controls and tests used until that moment had to be replaced with a more modern, more efficient and more effective approach known as total quality management (TQM. TQM supporters suggest that TQM implementation results in improved product quality, reduced product return, reduced costs of serving unsatisfied customers and other benefits that ultimately lead to improved financial performance of the company. This paper examines the impact of TQM imple- mentation on the financial performance of Croatian companies whose securities are traded within the regulated market. General characteristics of companies were compared in terms of (nonsystematic application of total quality management. Furthermore, the financial performance of the companies that have successfully implemented the method was measured.

  6. State of Implementation of Supply Chain Management in Companies in Romania

    Directory of Open Access Journals (Sweden)

    Mihaela Dobrea

    2013-02-01

    Full Text Available The aim of this study was to assess the degree of supply chain management`s development in Romanian companies. For this, a selective, explorative survey, on a sample of 225 Romanian companies was used. The objectives of the research focused on highlighting the importance of logistics in the companies’ management and on identifying specific issues related to supply chain management - role, objectives, predisposing factors, applications. From the research, it was found that supply chain management is at an early stage of development, specifically for the 80s and 90s. In addition, there is insufficient awareness that SCM is a tool for increasing business performance and competitiveness in the global market. The value of the study is given also by the fact that it is a pioneering work in Romania, where there were little such researches, especially in PhD thesis.

  7. DESIGNING A MODEL OF CUSTOMER RELATIONSHIP MANAGEMENT FOR A MOBILE PHONE COMPANY

    Directory of Open Access Journals (Sweden)

    BRUTU MĂDĂLINA

    2015-07-01

    Full Text Available Customer relationship management refers to establishing, maintaining, developing and optimizing the relations between an organization and its customers and focuses on understanding and meeting its customers’ wishes and demands, the core items of the business strategy of any performant company. This paper aims at designing and testing a model of customer relationship management applicable within a mobile phone company. Starting from this purpose, the main objectives of the research were: presenting the concept of customer relationship management; the importance of companies’ orientation to the market; identifying a model of customer relationship management and, not least, analyzing the efficiency of this model. The results lead to the conclusion that the model of customer relationship management is extremely effective in the mobile phone industry, bringing significant profits.

  8. Integration of Strategic Management, Governance and Risk Management: Impact of the Crisis of 2008 in Two Companies of Food

    Directory of Open Access Journals (Sweden)

    Antonio Francisco de Almeida da Silva Junior

    2013-12-01

    Full Text Available During the crisis of 2008, several Brazilian companies have accumulated losses that worth billions, as the result of a high foreign exchange rate exposure and failures in risk management and Corporate Governance. The aim of this research is to identify the strategic factors that contributed to two very similar companies to follow different paths in the financial crisis of 2008. To better understanding the subject, it was made a brief analysis of the foundations of the Corporate Governance, the requirements listed by BM&FBOVESPA and the principles of the financial risk management. The research identified that the practice of risk management is crucial in implementing best practices of corporate governance and that despite numerous initiatives of various institutions and regulators in establishing self-regulatory mechanisms to ensure the use of these practices, there are still flaws able to allow companies previously considered solid incurring in strategies that may jeopardize its existence.

  9. The relationship between supply chain management strategy, marketing, logistics and company performance for breweries in Serbia

    Directory of Open Access Journals (Sweden)

    Ilić Dragan

    2016-01-01

    Full Text Available The objective of this research is to demonstrate the importance of supply chain management strategy, logistics and marketing to overall company performance. We considered supply chain management strategy based on universality and integration, i.e., their company performance will be increased with implementing this strategy in breweries in Serbia. The strategy based on the universality and integration includes three parts: universality and integration with customers, suppliers, and in intra-organizational processes and activities. In this paper, logistics performance called fundamental item for evaluating supply chain management strategy performance. All managers in breweries in Serbia are considered as subjects of this study. A number of 110 managers are selected as sample through random sampling method. The present study carried out through the use of questionnaire and SPSS software, correlation statistics test and multiple regressions have also been used for the data analysis. The results of correlation test showed that supply chain management strategy has significant relationship with the logistics performance and company performance and has the highest relationship and correlation with the logistics performance. Due to the observance to the multiple regression results, we found that performance of the breweries feel the highest effect from marketing performance and marketing performance also feels the highest effect from the logistics performance and consequently, implementation of supply chain management strategy is obtained. So, it can be said that organizational performance is increased as a result of implementation of supply chain management strategy.

  10. Performance management system in sale and distribution: A case of Serbian company

    Directory of Open Access Journals (Sweden)

    Aleksandar Jankulović

    2013-09-01

    Full Text Available Background: Performance management system (PMS is the process of quantifying action which leads to organizational efficiency, competitiveness and growth. Performance measurement is the vital element of quality management system (QMS. Innovative companies have a strong culture, clear sense of mission and purpose, a well thought out strategy and business philosophy of continuous improvement, driven by QMS. Implementation of QMS ISO9001 standards has encouraged many organizations to develop and implement performance management system. Statement of quality objectives and Measurement, analysis and improvement as a part of QMS which leads to continual improvement is a vital part of success of company. Therefore PMS influence on sale, distribution and logistics companies with a complex processes and great number of subjects in supply chain are of great importance for their success. Methods: In our research we analyse measures and measurement approaches and frameworks that exist in logistic management and based on that we present results from one SME from eastern European country. We use case study research and therefore we conduct interviews with managers, employees and QMS/PMS implementation staff in sale and distribution company. Results: The aim of this study was to estimate the value of various metrics of the evaluation of QMS implementation. The study was based on case study in one Serbian sale and distribution company specifically in measurement part and metrics that are essential for their business and to compare them with approaches existed in literature. We reveal some obstacles in collecting data for measurement and benchmarking in Serbian market. Different metrics for efficient management of company are implemented in this company based on sales results and customer satisfaction.  Conclusion:  The importance of the research is in the fact that implementation of QMS reveal the need for PMS implementation and therefore results in certain

  11. DIAGNOSTIC AND PROPOSAL OF IMPROVEMENT FOR THE INNOVATION MANAGEMENT IN A TECHNOLOGICAL COMPANY

    Directory of Open Access Journals (Sweden)

    Rossetti, Germán

    2017-12-01

    Full Text Available The Innovation Management is defined as the process oriented to organize and lead available resources, both technical and economic, with the objective of increasing the creation of new products, processes, knowledge and their application in the structure of the company. Nowadays companies are immersed in a globalized world, where competition is higher, which implies their growing interest in innovating, developing and improving their products or services to take a leading position in the market. Therefore, it is essential to be at the vanguard of current needs and to use certain tools that help to offer better products or services, and to obtain higher benefits, economic and social, technological, prestige, among others. In this paper a diagnostic and proposal of improvement for the Innovation Management in a technology-based company, located in the province of Santa Fe, Argentina, is made. For this, a methodology that allows to evaluate the capacity to innovate of the company is applied. As a main conclusion, it can be said that the diagnostic and proposal of improvement provided to the company is the starting point to ensure a successful and continuous innovation management.

  12. A Performance Measurement-Based Company Officer Management Information System Prototype for the United States Naval Academy

    National Research Council Canada - National Science Library

    Boone, Michael

    1999-01-01

    .... A performance-measurement-based management information system will greatly enhance the company officer's ability to develop, maintain, and use information technology for purposes of performance measurement...

  13. 17 CFR 274.129 - Form N-PX, annual report of proxy voting record of registered management investment company.

    Science.gov (United States)

    2010-04-01

    ... proxy voting record of registered management investment company. 274.129 Section 274.129 Commodity and... COMPANY ACT OF 1940 Forms for Reports § 274.129 Form N-PX, annual report of proxy voting record of... company's proxy voting record for the most recent twelve-month period ended June 30, pursuant to section...

  14. 17 CFR 270.17g-1 - Bonding of officers and employees of registered management investment companies.

    Science.gov (United States)

    2010-04-01

    ... nature of the securities in the company's portfolio: Provided, however, That (1) the amount of a single... company, a statement of the nature and amount of the claim, (3) File with the Commission, within five days... employees of registered management investment companies. 270.17g-1 Section 270.17g-1 Commodity and...

  15. Are the attitudes and practices of foodservice managers, catering ...

    African Journals Online (AJOL)

    Objective: The aim was to investigate factors contributing to food wastage by Stellenbosch University (SU) students in selected residences, and to determine the attitudes and practices of students and catering personnel impacting on food waste and a sustainable environment. Design: Cross-sectional, descriptive study.

  16. E-menus – Managing Choice Options in Hospital Foodservice

    OpenAIRE

    Hartwell, Heather; Johns, Nick; Edwards, J. S. A.

    2016-01-01

    This study examined an initiative in which e-menus and touch screen technology were piloted in a large UK hospital, with the aim of improving food service and satisfaction. Current practice often means that patients may receive the wrong meals, resulting in dissatisfaction and plate waste. An alternative approach is for patients to use electronic menus (e-menus) to make their order, using touch screen technology on the TVs, which in many hospitals are provided at every bedside. A pre-test, po...

  17. GREEN LEAN METHODOLOGY: ENTERPRISE ENERGY MANAGEMENT FOR INDUSTRIAL COMPANIES

    Directory of Open Access Journals (Sweden)

    Alin POSTEUCĂ

    2013-05-01

    Full Text Available The purpose of this article is to show the usefulness of Lean Manufacturing techniques when approaching the environmental issues. Green Lean Methodology presentation in seven steps with afferent tools and techniques provides a practical framework. Green Lean Methodology follows the Deming’s cycle (PDCA and it aims to achieve the continuous incremental improvement. Increasing the resource use effectiveness is achieved not only by protecting natural resources, but also by increasing productivity. These environmental gains through productivity are possible by continuously reducing losses in transformation processes, by designing/redesigning products and services in order to prevent undesirable environmental effects, by designing the control procedures in the processing flows, by increasing the capital investment in more efficient technology, by continuously improving work performance, by changing the perceptions of senior managers and by a more efficient and effective research and innovation. Keywords

  18. Westinghouse Hanford Company FY 1996 Materials Management Plan (MMP)

    International Nuclear Information System (INIS)

    Higginson, M.C.

    1995-12-01

    The safe and sound operation of facilities and the storage of nuclear material are top priorities within Hanford's environmental management, site restoration mission. The assumptions, plans and Special Nuclear Material (SNM) inventory summaries contained in this document were prepared for Department of Energy (DOE) use for interim and long- range planning. In accordance with Richland DOE field office (DOE-RL) direction, year-end inventory values were not projected over an 11 year period, as historically done in previous MMP documents. This decision was made since significant SNM movements to or from Hanford are not projected in the foreseeable future. Instead, the inventory summaries within this document reflect an ''as of date'' of June 30, 1995

  19. New Employees’ Integration and Orientation Management in Hotel Companies

    Directory of Open Access Journals (Sweden)

    Daniel Daneci-Patrau

    2016-01-01

    Full Text Available The significance and relevance of this topic are rendered by the complexity amplification ofactions performed by hotels in the context of developing and diversifying human resourcemanagement instruments used for the administration of economic, social and institutionalvariables. All type of evolution determines the reorganization of the human resource strategic rolewithin organizations, people being seen as the organization’s main competitive advantage overrivals. The research in this work falls under this reasoning and is a contributing factor toconsolidating information related to the integration and career guidance management of thehuman resources working in the tourism industry. The studies carried out emphasize the bestpractices in regard to the welcoming and integrating of newcomers. They also apprehend the mostefficient optimization and competitive development solutions of the hospitality trade.

  20. Improved Cost Management at Small and Medium Sized Road Transport Companies: Case Hungary

    Directory of Open Access Journals (Sweden)

    Zoltan Bokor

    2015-10-01

    Full Text Available Small and medium sized road freight transport companies located in Hungary are facing strong competition on the logistics market. An advanced cost management system supporting decisions on capacity allocations or pricing may be a competitive advantage for them and indirectly for the whole economy as well. Still, they generally apply simple, traditional cost calculation regimes, potentially sufficient in case of a homogeneous service portfolio. Nevertheless, road haulage companies with heterogeneous service structures may witness information distortions when using traditional costing methods. So it might be recommended for them to introduce better costing principles. To support an improved transport costing, a multi-level full cost allocation model has been set up and tested in this paper. The research results have pointed out that such a methodological development accompanied by the extension of the data collection mechanism can contribute to making the cost management systems of road freight transport companies more effective.

  1. THE USE OF THE PROCESS "MANAGEMENT IDEAS" TO ACHIEVE OBJECTIVES OF THE COMPANY

    Directory of Open Access Journals (Sweden)

    L. B. Likhacheva

    2015-01-01

    Full Text Available Summary. This article proposes a way of dealing with the eighth type of losses (according to the concept of "Lean production" – loss of employee creativity, and a method of involving all employees in the continuous improvement process of the enterprise. This method is the introduction process «Idea Management» into the management system of the factory. The article describes the sequence of steps in this process, identifies inputs and outputs of the process and the interrelation of the considered process with other processes of the management system of industrial enterprises, and also defines goals of the process. The authors concluded that the presence of "Idea management" process in the management system will help to achieve the strategic goals of the company, as the process is directly correlated with the company's goals. Furthermore the algorithm of action for the effective implementation and further management of the process were suggested in accordance with the Deming cycle including methods that should be applied: goal setting for employees and company (plan; employee engagement and motivation (do ; periodic monitoring of achievement of goals (check; assessment of goal achievement, conducting corrective action (act. The authors show that an important condition for successful implementation and further efficient functioning of the process "Management ideas" is the interest of the top management and its constant attention to the ongoing process of activity. The proposed method is universal for all kinds of enterprises. The proposed method allows for a relatively short time to implement and guide the Idea Management process to achieve strategically important goals of the company.

  2. The hidden costs of self-management services in the accounting activity of a company

    Directory of Open Access Journals (Sweden)

    Dan Ioan TOPOR

    2017-05-01

    Full Text Available This article addresses relevant aspects regarding the hidden costs of self-management services in the accounting area, within the accounting department of a company. With this aim, the authors conducted a study using a questionnaire, whose results were analyzed and interpreted. The hidden costs of the self-management of business accounting services observed in the accounting department of the company have been assessed and the causes of their generating sources were identified and analyzed. The debate of these hidden costs involved the treating of notions that exist in the accounting language, but are still not sufficiently explored by the specialists in the area. We also presented and analyzed the causes of the hidden costs of self-management in the accounting activity, as well as a reporting document for failures, arising from the case study. The article ends with the authors' conclusions regarding the hidden costs of self-management services in the accounting area.

  3. Using accounting information systems by operations managers in a project company

    NARCIS (Netherlands)

    Wouters, Marc; van der Veeken, Henk J.M.

    2002-01-01

    This paper describes the results of a case study that investigated the use of accounting information by operations managers in a road building company. There was considerable preplanning before the execution of project activities, but task uncertainty during execution created the need to take

  4. Experiences from implementation of ICT for resource management in small construction companies

    DEFF Research Database (Denmark)

    Svidt, Kjeld; Christiansson, Per

    2006-01-01

    This paper summarizes experiences from the process of implementation of ICT-based systems for resource management in small construction companies. The initial decision process, system requirements specification and integration, education and staff training, and end user experiences were followed...... the building domain as well as ICT tools providers....

  5. Management report 2001 of COPEL - Electrical Company of Parana State, Brazil

    International Nuclear Information System (INIS)

    Anon

    2000-01-01

    The COPEL - Electrical Company of Parana State, Brazil - management report of calendar year of 2000 is presented, covering the following topics: COPEL - standing for much more than energy; extending the benefits of electricity to everyone in Parana state, Brazil; protecting and recovering the environment; philanthropy and volunteer work; education; social integration; support to cultural expression and gratitude

  6. Training Needs Assessment of Technical Skills in Managers of Tehran Electricity Distribution Company

    Science.gov (United States)

    Koohi, Amir Hasan; Ghandali, Fatemeh; Dehghan, Hasan; Ghandali, Najme

    2016-01-01

    Current dissertation has been conducted in order to investigate and detect training needs of the mangers (top and middle) in Tehran Electricity Distribution Company. Research method is applied kind based on its purpose. Due to data collection method, this query is descriptive-survey type. Statistical population in this study is all of managers in…

  7. Experience of the implementation of quality management system at the joint stock company 'Mashinostroitelny zavod', Electrostal

    International Nuclear Information System (INIS)

    Mezhuev, V.; Tsiboulia, V.; Kiruyshkin, A.; Tchirkov, V.

    2000-01-01

    The paper describes major steps of development and implementation of Quality Management System (QMS) in nuclear fuel fabrication at Joint Stock Company 'Mashinostroitelny zavod', Electrostal, Russian Federation. Special emphasis is paid to the estimation of QMS effectiveness, current impact of QMS implementation on nuclear fuel quality, sales market and directions for further QMS development. (author)

  8. 78 FR 37409 - Small Business Size Standards: Finance and Insurance and Management of Companies and Enterprises

    Science.gov (United States)

    2013-06-20

    ... SMALL BUSINESS ADMINISTRATION 13 CFR Part 121 RIN 3245-AG45 Small Business Size Standards: Finance and Insurance and Management of Companies and Enterprises AGENCY: U.S. Small Business Administration. ACTION: Final rule. SUMMARY: The U.S. Small Business Administration (SBA) is increasing small business...

  9. Measuring the Value of Succession Planning and Management: A Qualitative Study of Multinational Companies

    Science.gov (United States)

    Kim, Yeonsoo

    2010-01-01

    This article proposes a model for planning and operating an effective succession planning and management (SP&M) program and measuring its value. The nature of the research is exploratory, following a qualitative approach using in-depth interviews. Representatives of multinational companies interviewed for this study revealed that succession…

  10. Value focused thinking : An approach to structure company values for asset risk management

    NARCIS (Netherlands)

    Van der Lei, T.E.; Ligtvoet, A.

    2012-01-01

    For public and semi public organizations the use of risk assessment matrices is becoming a standard approach for asset management decisions. The risk matrix allows companies to assess the chance and effects of different risks with respect to proposed investment decisions. When the values in the risk

  11. Managing Change in the Holding Company as a Factor in Solving Strategic Problems of the Region

    Science.gov (United States)

    Krivtsov, Artem I.; Polinova, Ludmila V.; Chupina, Irina P.

    2016-01-01

    The relevance of the investigated problem is caused by the necessity of changes in holding company's management systems to address the strategic problems of the region. The purpose of the study is to develop a method of forming teams at the corporate level for the coordination and implementation of programs for the implementation of reforms and…

  12. 13 CFR 108.520 - Management Expenses of a NMVC Company.

    Science.gov (United States)

    2010-01-01

    ... include: (1) Salaries; (2) Office expenses; (3) Travel; (4) Business development; (5) Office and equipment... 13 Business Credit and Assistance 1 2010-01-01 2010-01-01 false Management Expenses of a NMVC Company. 108.520 Section 108.520 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION NEW MARKETS...

  13. Knowledge Management Practice in Two Australian Architecture-Engineering-Construction (AEC Companies

    Directory of Open Access Journals (Sweden)

    Patrick Zou

    2012-11-01

    Full Text Available Knowledge management (KM could be described as a management system that supports the creation, sharing and retrieving of valued information, expertise and insight within and across communities of people and related organizations using information and communication technologies and hence it is a combination of the effective application of information technlogy and management of human resources. KM is becoming a core competitive factor in construction operations. This paper presents the results of two case studies of KM practices in large AEC (architecture, engineering and construction companies through desk-top study and semi-structured interviews. The results indicate that implementing KM in AEC companies leads to competitive advantages and improved decision-making, problem solving and business performance. The results also indicateed that while technology plays an important role, top management commitment, total employee involvement, performance assessment and the culture of knowledge-learning and sharing must be considered when implementing KM. Therefore it is suggested that the implementation of KM should incorporate the company's vision, work processes, technology and culture, to improve the ability of knowledge creating, capturing, sharing, retrieving and ultimately, to improve the company's competitive advantage, decision making, problem solving and innovation.

  14. PRACTICAL METHODS OF EVALUATING THE PERFORMANCE OF MANAGEMENT COMPANIES FOR NONGOVERNMENTAL PENSION FUNDS

    Directory of Open Access Journals (Sweden)

    L. Khachumova

    2016-01-01

    Full Text Available Retracted articleSelection and diversification of assets in the portfolio of non-state pension fund in the face of the current crisis state of the domestic economy is extremely difficult, which requires constant interaction with the management company and it necessitates a careful choice.

  15. Competence-based Competence Management: a Pragmatic and Interpretive Approach. The Case of a Telecommunications Company

    OpenAIRE

    Lorino, Philippe

    2007-01-01

    In this research we explore the issue of “competence management”, as usually defined in the corporate vocabulary, mostly in the human resource (HR) function, and more particularly of “strategic competence management” (long run management of competences which are critical to achieve strategic goals). We try to show that competence management is a dynamic organizational competence. We analyze it in the case of a large European telecommunications company, France Télécom, in the years 2001-2003. ...

  16. FINANCIAL MANAGEMENT OF THE COMPANY THROUGH THE CAPITALIZATION OF FINANCIAL-ACCOUNTING INFORMATION

    OpenAIRE

    Boby COSTI; Marius BOIŢĂ; Cosmina REMEŞ

    2014-01-01

    This article aims to highlight the role of financial-accounting information for the use in the financial management of the company, starting from the most recent writings in the field. Although it is hard to imagine that the financial management uses individualized financial- accounting information, attributed solely to a particular activity within the enterprise, still we tried to address the information according to the main activities that produce and use information, respectively: of inve...

  17. Assessment and Management of Developer Company Competitiveness in the Conditions of Business Changes

    OpenAIRE

    Uvarova Svetlana; Voronov Dmitrii; Erypalov Sergei

    2017-01-01

    Based on the analysis and assessment of modern of dynamics of organizational-economic changes, performed by the authors, there was revealed the necessity of improvement of approaches to the assessment and management by the companies’ competitiveness. Main fluctuations of the system of management by construction complex were defined and their influence on the level of competitiveness as both largest companies of the industry and the industry group as a whole was justified. Control structure di...

  18. THE INFLUENCE OF EARNING MANAGEMENT TO FIRM VALUE IN INDONESIA MANUFACTURING COMPANIES

    OpenAIRE

    Mitha FILANDARI; Susy SUHENDRA

    2018-01-01

    Firm value is one of the indicators in determining whether the company is in health state and deservesto invest in it. This makes the manager to act appropriately by performing earnings management practicesto increase the firm value but with the implementation of GCG it is expected to reduce the earningsmanagement practices. This study aimed to examine the effect of GCG mechanisms (independentcommissioner, managerial ownership, institutional ownership, and audit quality) as moderating variabl...

  19. The Study of the relationship between Knowledge Management and Performance of Marketing in companies Manufacturing (Case Study: Food Manufacturing Companies in Sanandaj City)

    OpenAIRE

    Kordbehman Reza; Safyar Amini

    2016-01-01

    This study examined the relationship between knowledge management and performance of marketing in food companies manufacturing in the city of Sanandaj. The population of this study included all employees form the food companies manufacturing in the city of Sanandajin 2015. All members of population were 380 persons that were selected using Cochran formula 199 persons. A standard questionnaire to collect information and investigate the relationship and Hypotheses was used that its validity and...

  20. Reducing information asymmetry from the management control perspective: discussion of practices in transparent companies

    Directory of Open Access Journals (Sweden)

    Márcia Maria dos Santos Bortolocci Espejo

    Full Text Available ABSTRACT The capital market is supplied with information daily, but when this is made available in an incomprehensible way, it becomes a potential barrier to investment. In order to overcome this shortcoming, constantly improved regulations intensify the need for more and better information. In the managerial context, empirical studies indicate that there is a low level of use of modern Management Accounting tools; however, on a theoretical level, Accounting Theory prescribes that Accounting must effectively meet the needs of its external and internal users. It is thus believed that not only financial but also management information would be apparent in its reports. This investigation aims to verify whether there are differences with regards to the level of reporting of management control practices in the financial statements of companies nominated for the Transparency Award, organized by the National Association of Finance, Administration, and Accounting Executives (ANEFAC, the Accounting, Actuarial, and Financial Research Institute (FIPECAFI and Serasa Experian, compared with the other companies listed on the São Paulo Stock, Commodities, and Futures Exchange (BM&FBOVESPA. These elements were defined based on a discourse analysis of Management Reports (MRs and the evidence was tested using Multiple Correspondence Analysis. The sample consists of 19 MRs from publicly-traded companies that were nominated for the Transparency Trophy and 129 MRs from companies listed on the BM&FBOVESPA. The findings show that the companies nominated for the award have some special informational categories in the discourses of their MRs and that these elements are not enough to show differences in the level of transparency of management control practices.

  1. The Role of Human Resource Management Practice Mediated by Knowledge Management (Study on companies from ICT sector, Croatia

    Directory of Open Access Journals (Sweden)

    Marina Klacmer Calopa

    2015-05-01

    Full Text Available This paper integrates theories and findings of the role of human resources management (HRM in the process of knowledge management (KM in the information and communication technologies (ICT sector in Croatia.In order to succeed, companies must prevent the loss of knowledge. Therefore, they must recognize the importance of human resources as the main factor of business. Only knowledge management enables knowledge sharing.Furthermore, applications of information technology (IT in the field of HRM can prevent the loss of knowledge and arise the transfer of knowledge among employees.For the purpose of this paper, a survey regarding human resource and knowledge management in IT companies is conducted in order to analyze the structure of HR and the importance of knowledge sharing in an organization.

  2. MANAGEMENT PRACTICES AND INFLUENCES ON IT ARCHITECTURE DECISIONS: A CASE STUDY IN A TELECOM COMPANY

    Directory of Open Access Journals (Sweden)

    Chen Wen Hsing

    2012-12-01

    Full Text Available The study aims to analyze the IT architecture management practices associated with their degree of maturity and the influence of institutional and strategic factors on the decisions involved through a case study in a large telecom organization. The case study allowed us to identify practices that led the company to its current stage of maturity and identify practices that can lead the company to the next stage. The strategic influence was mentioned by most respondents and the institutional influence was present in decisions related to innovation and those dealing with a higher level of uncertainties.

  3. A CRITICAL ANALYSIS OF QUALITY MANAGMENT IMPLEMENTATION IN A SMALL BRAZILIAN COMPANY

    Directory of Open Access Journals (Sweden)

    Jonathan Schmitz Rauber

    2014-05-01

    Full Text Available This project involves identifying major organizational changes occurred in a small company in the printing supplies sector as it implemented the ISO 9001:2000 standard. The case study methodology was used through exploratory research to conduct semi-structured interviews with six employees in addition to participant observation. The desired outcome of this article is the identification of the benefits and difficulties encountered in the implementation process and a comparison between the new and previous practices. The main results of the research relate to the process of professionalization of management practices of the company and the improved internal processes.

  4. IMPLEMENTING AN INTEGRATED HEALTH, SAFETY, AND ENVIRONMENTAL MANAGEMENT SYSTEM: THE CASE OF A CONSTRUCTION COMPANY

    Directory of Open Access Journals (Sweden)

    Filippos Tepaskoualos

    2017-12-01

    Full Text Available Over the past two decades, there has been an increasing trend of organizations implementing simultaneously two or more management systems. The structural similarities of these systems - despite the diversity of their fields of application, such as occupational health and safety for OHSAS 18001, and environmental management for ISO 14001 - have enabled many organizations to integrate different systems into a single one, rather than implementing them separately from one another. The purpose of this paper is to examine in depth a case of integration of the ISO 14001 and OHSAS 18001 systems, using a construction company as a research setting, in order to draw conclusions about the level of integration achieved, as well as the benefits, the problems, and the critical success factors of this endeavour. The findings of this study show that both the company's devotion to the fulfillment of the critical success factors and the identical structure of the two systems under consideration have facilitated the successful outcome of integration. However, this does not automatically imply that the company adopted the idea of full integration. Instead, the maximization of integration benefits and the elimination of related problems was achieved through the company's conscious choice to proceed with partial integration, keeping separate manuals, policies, and risk management procedures for each system. This study will be useful in order to understand that partial integration is a perfectly acceptable and realistic solution that, under certain circumstances, may even have a better cost-benefit ratio than full integration.

  5. The relationship between the logistics complexity of manufacturing companies and their supply chain management

    Directory of Open Access Journals (Sweden)

    Peter Fernandes Wanke

    2014-06-01

    Full Text Available This study aims to investigate whether, and the means by which, supply chain managers of large manufacturing companies adopt a context-dependent approach (also called contingency approach in their supply chain decisions; it empirically explores the correlation between logistics complexity-related contextual conditions and supply chain management (SCM objectives and decision areas. The study involves a comprehensive literature review, followed by an analysis of survey data (based on a sample of 108 large manufacturing companies in Brazil, using cluster analysis, factor analysis and binary logistic regression. In this study, we not only investigate the major effects of supply chain objectives and decision areas as predictors of the logistics complexity of manufacturing but also investigate their second order interactions. Statistically significant relationships were found between logistics complexity-related contextual conditions and objectives and decision areas involving the supply chain. The managers of large companies who were surveyed considered different objectives and decision areas to be critical to the achievement of supply chain excellence when their companies had different levels of logistics complexity.

  6. CONTRIBUTION OF ENGINEERING INFORMATION IN VISUAL MANAGEMENT: A CASE STUDY ON LARGE COMPANY FROM CURITIBA

    Directory of Open Access Journals (Sweden)

    Navarro Mercado

    2015-06-01

    Full Text Available Information systems in organizations are becoming an essential element. This fact contributes to the increased value added, competitiveness, and innovation with regard to management. The sophisticated technology industries invest in their plant floor operations. For example, extensive training where sometimes strategic use is not implemented in the best way. The aim of this paper is to present a tool called Visual Management Lean Manufacturing. For thus contribute to better results in the management of information on the factory floor, was applied in a manufacturing company. A case study conducted in a multinational company located in Curitiba / Paraná appears. Therefore, the work encourages further research with respect to lean manufacturing in conjunction with the Information Engineering in organizations for the contribution of knowledge and improvements in their processes.

  7. Performant Brand Management Contribution to the Company Success on International Market

    Directory of Open Access Journals (Sweden)

    Victor Danciu

    2007-02-01

    Full Text Available The success of any company in international markets heavily depends on the brand strategies. These strategies are based on the pillars of the brand management, which are identity, positionning and image. The core element of the internationalisation strategy of the brand is the identity. The positionning depends on the global or international characteristics of the brand. The market served, the product innovation and the exclusive character or not of the brand are the fundamental decisions of the internalisation strategy of the brand. The results of these decisions are to be found in the strategies of the brand. These strategies play a prominent part in the performant management of the brand and the strategical outcome of the company in the international markets. The succesfull, consistent international brands confirm this remarcable role of the management.

  8. Implementation of Supply Chain Management (SCM in pharmaceutical company, general principles and case study

    Directory of Open Access Journals (Sweden)

    Zoran Nakov

    2014-12-01

    Full Text Available Supply Chain Management (SCM in pharmaceutical industry is defined as a “responsible SCM” and its implementation is according to the principles of: business ethics, rights of labor and principles of healthy and safe working environment. Pharmaceutical companies with implemented “responsible SCM” have to use management systems to facilitate continuous improvement in accordance with their working principles. The main purpose of this management system is to ensure the consistency, reliability and continuous improvement of all workflows within an organization.The analyzed case describes the project of European generic pharmaceutical company, which intends to implement best practice SCM operations for five European manufacturing sites and European logistics organizations (active ingredients supply, distribution centers, affiliate customers and third party manufacturers. The main objectives of the project were the creation of the future improved To-Be situation through implementation of new SCM models to the existing To-Day situation.

  9. Key Supplier Relationship Management: The Case of Croatian Medium-Sized and Large Manufacturing Companies

    Directory of Open Access Journals (Sweden)

    Dario Miočević

    2011-06-01

    Full Text Available The key supplier relationship management represents a vital organizational process. Companies should pay attention not only to managing customer relationships but also to managing relationships with suppliers in order to perform well. They should identify the extent to which a certain supplier adds value through the procurement process. In this line of reasoning, both theory and practice make a distinction between strategic (key and non-strategic (transactional suppliers. By employing the segmentation of the supply market, companies balance their supplier portfolio and are capable of identifying the key suppliers. They can also develop specific programs and initiatives that are aimed at preserving these relationships. In the empirical part of the paper, a survey was conducted on a sample of 123 medium-sized and large Croatian manufacturing companies. The structural model involving the relationship between the key supplier relationship management and value-oriented purchasing was tested. The results indicate that there is a statistically direct, positive and significant relationship between these two constructs. Likewise, the results stress that a theoretical conceptualization and operationalization of the key supplier relationship management construct is both valid and justified. Finally, the theoretical and practical implications and limitations of this study are offered.

  10. Rationale for the management of companies under the national plan for the good life

    Directory of Open Access Journals (Sweden)

    Joel Gómez Báez

    2017-12-01

    Full Text Available There are many factors that influence the strategic process of the companies, however, the social factor as sustenance of the good life plays a significant role, which is translated by the direct participation of the man in all the activities of the company and as a member of A family and community that it has to maintain and develop. One of the great challenges of the business system is to face the problems that are present today, such as poverty, inequity and damage to the environment, which contributes to equating social development with technological and productive development. This leads to the need to combine social philosophy with competitiveness, management excellence and business success in its management. Establishing the general elements that should support the strategic management of companies, including within their fields of action productive economic management and social responsibility, was the objective of the work. Consequently, the paper addressed the theoretical and methodological foundations underlying strategic management under a social responsibility perspective.

  11. Indicators Non-Financial Performance Assessment: Content Analysis of Telecommunications Companies of Management Reports

    Directory of Open Access Journals (Sweden)

    Sandra Belloli De Vargas

    2016-04-01

    Full Text Available Traditionally, business activities adopt performance evaluation as a tool for the efficiency and effectiveness estimation. This article aims to identify the non-financial measures for performance evaluation disclosed by companies in the telecommunication sector listed on the BOVESPA. The use and disclosure of non-financial indicators emerged from the gap left by traditional accounting to explain special issues such as the difference between the book value and the market value of companies. The government regulates the telecommunications sector that also has to meet the appropriate corporative enforcement. The regulatory agencies exercise this control, on behalf of the public services granting carried out by private companies. The study selected the data samples from the telecommunications sector; fixed, and mobile telephony lists using the content analysis of the management annual reports published at the companies' sites, and interpreted using the descriptive statistical analysis. The content analyses find nonfinancial indicators in all reports. The results highlight human resources, followed by the environmental issues number of indicators disclosure. All analyzed companies use the services customer satisfaction and the number of complaints. The results difference maybe because of service and not industry sector sample selection as presented in previous studies.

  12. The Influence of Organizational External Factors on Construction Risk Management among Nigerian Construction Companies

    Directory of Open Access Journals (Sweden)

    A.Q. Adeleke

    2018-03-01

    Full Text Available Background: Substantial empirical research has shown conflicting results regarding the influence of organizational external factors on construction risk management, suggesting the necessity to introduce a moderator into the study. The present research confirmed whether rules and regulations matter on the relationships between organizational external factors and construction risk management. Methods: Based on discouragement and organizational control theory, this research examined the effects of organizational external factors and rules and regulations on construction risk management among 238 employees operating in construction companies in Abuja and Lagos, Nigeria. A personally administered questionnaire was used to acquire the data. The data were analyzed using partial least squares structural equation modeling. Results: A significant positive relationship between organizational external factors and construction risk management was asserted. This study also found a significant positive relationship between rules and regulations and construction risk management. As anticipated, rules and regulations were found to moderate the relationship between organizational external factors and construction risk management, with a significant positive result. Similarly, a significant interaction effect was also found between rules and regulations and organizational external factors. Implications of the research from a Nigerian point of view have also been discussed. Conclusion: Political, economy, and technology factors helped the construction companies to reduce the chance of risk occurrence during the construction activities. Rules and regulations also helped to lessen the rate of accidents involving construction workers as well as the duration of the projects. Similarly, the influence of the organizational external factors with rules and regulations on construction risk management has proven that most of the construction companies that implement the

  13. Application of Customer Relationship Management Systems in Lithuanian Mobile Telecommunications Companies

    Directory of Open Access Journals (Sweden)

    Laura Uturytė-Vrubliauskienė

    2013-04-01

    Full Text Available Global investments in information technologies are constantly growing as the result of quick changes in technologies, globalization process, accelerating pace of life and increase in the importance of information to the modern society. Thus, the latest information technologies and systems are emphasized as one of the most important features of competitive ability of an organisation. As information technologies are getting more and more important in determining the advantage of a company in the business world, CEOs of organisations should pay more attention to implementation of systems that contribute to operational capacity of the entire organisation. In order to ensure success of an organisation, it is important to look for new investment solutions helping companies to develop individualized and differentiated ways of interaction with customers, ensuring their loyalty and allowing to maintain competitiveness in the market. More and more often, customer relationship management systems are chosen to achieve these aims. These systems are applied for business to efficiently manage relations with customers of a company; they help increasing the benefit obtained by every supplier or customer to the maximum and improving the results of the entire activity. Due to the increase in the number of organisations implementing customer relationship management systems (CRM, it is becoming important to study and evaluate these technologies and their influence. This would help to better understand the present problems related with customer relationship management (CRM systems.

  14. The internationalization of Brazilian companies: developing managers as an essential business strategy factor

    Directory of Open Access Journals (Sweden)

    HILARIO DE MACEDO OLIVEIRA

    2011-07-01

    Full Text Available The globalization phenomenon has given rise to a new and virtually limitless dimension for companies to gain access to new markets beyond their country borders. This has proven to be an opportunity for growth and expansion. Given the transformations that this phenomenon has driven in the international business environment, one is struck by the fact that the presence of Brazilian companies abroad is still low, as Brazilian business is continues to be shy of expanding via internationalization. One concludes that the leaders of Brazilian firms are better prepared to operate in the domestic market and with processes and businesses that focus on exports; few executives are required to run operations abroad. However, the reality of internationalization calls for a new type of manager, the “global executive,” who is expected to be cosmopolitan, a negotiator and a cross-culture communicator that is able to generate synergy and lead changes. Brazilian companies that want to grow beyond cultural and ethnic frontiers are facing the challenge of forming theses “citizens of the world,” capable not only of making room in the international market, but also of leading the processes of transformation and change within corporate environments. The aim of this article is to discuss how to develop people for the strategic management of internationalization processes, as well as to identify current gaps and to provide recommendations both for the development of the competences that a global mindset requires among our managers, and for the management of the international mobility of Brazilian executives.Key words: Company internationalization. Expatriation. People management. Leadership.

  15. Analysis of Institutional Artifact Cost in Management Control in a Textile Company

    Directory of Open Access Journals (Sweden)

    Rodrigo Barraco Marassi

    2014-08-01

    Full Text Available The present study aimed to analyze the process of institutionalization of artifacts in cost management control of Paraná company in the textile sector. For this, we developed descriptive, qualitative research with development of a case study conducted by semi-structured interviews, questionnaires and document analysis. The company under study was selected for accessibility and intentionally to be in the implementation phase of change in management control practices. Was structured semi-structured interviews and questionnaires based on Burns and Scapens (2000, Guerreiro et al. (2005 and Rock and Warrior (2010. The controller and an employee of the comptroller, as well as two officials involved in the supply of the information system were interviewed. The company seeks to implement new accounting and management reporting system that offers the best timing and management of costs and fixed and variable costs, cost centers, among others. The research results show that the encoding step was performed by the controller and by consulting the codified principles and institutional desires in routines, rules and regulations and so draft the proposed changes. The company has not adequately met some factors of institutionalization listed by Guerreiro et al. (2005, regarding training of the people involved, elements of repetition and perceived consequences of the implementation of change by people. By analyzing the case study and reflect the results with the lens of institutional theory, it follows that to obtain management information artifacts cost depends on appropriate processes for data collection, and even when using updated technologies, needs some several facts that this process becomes institutionalized, which may be better understood based on this lens.

  16. From Brand Management to Global Business Management in Market-Driven Companies

    OpenAIRE

    Emilio Zito

    2009-01-01

    Over the past several years, the most competitive mass-market companies (automobile, high-tech, consumer and retail, etc.) have been experiencing a new strategic approach around the concept of Market-Driven strategy, as opposed to a pure marketing-focused approach known as Customer-Driven strategy. A fast-moving, mass-market global company would likely have a precise performance measurement system in place with broad performance indicators based on: project economics, ratios analysis (ROI, in...

  17. The Case of a Newly Implemented Modern Management Accounting System in a Multinational Manufacturing Company

    Directory of Open Access Journals (Sweden)

    Daniel Watts

    2014-06-01

    Full Text Available Contemporary management accounting techniques (such as TQM, BSC, JIT are widely lauded by academia but the proposed relevance to business has not necessarily the view held by industry (e.g. Burns & Vaivio, 2001; Chenhall & Langfield-Smith, 1998; Innes et al., 2000. The purpose of this article is to investigate the acquisition by a modern multi-national firm of a major IT-based management accounting program to assess the relevance and usefulness of its functionality by identifying the type(s of systems that are utilised and the rationale for upgrading or modifying its system(s. This study relies on a single case based on two in-depth semi structured interviews with accounting and finance professionals in a multi-national manufacturing company that recently implemented a modern management accounting system. The findings indicate that despite demonstrating some relevance of the management accounting information, the manufacturer deactivated components of the system that were deemed irrelevant at particular levels of the organisation. This paper provides evidence about the non-reliance on management accounting information in a multinational company operating in Australia. The findings in the study imply that relevance is linked to implementation, planning and training will help managers to better prepare themselves in setting up contemporary management accounting systems.

  18. The Derivatives as Financial Risk Management Instruments: The Case of Croatian and Slovenian Non-financial Companies

    Directory of Open Access Journals (Sweden)

    Danijela Miloš Sprčić

    2007-12-01

    Full Text Available The paper analyses financial risk management practices and derivative usage in large Croatian and Slovenian non-financial companies and explores if the decision to use derivatives as risk management instruments in the analysed companies is a function of several firm’s characteristics that have been proven as relevant in making financial risk management decisions. On the basis of the research results it can be concluded that forwards and swaps are by far the most important derivative instruments in both countries. Futures as representatives of standardised derivatives together with structured derivatives are more important in the Slovenian than in the Croatian companies, while exchange-traded and OTC options are unimportant means of financial risk management in both countries. A comparative analysis conducted to explore differences between risk management practices in Slovenian and Croatian companies has shown evidence that Slovenian companies use all types of derivatives, especially structured derivatives, more intensively than Croatian companies. The survey has revealed that the explored hedging rationales have little predictive power in explaining financial risk management decisions both in Croatian and Slovenian companies. The decision to use derivatives in Croatian non-financial companies is related only to the investment expenditures-to-assets ratio which controls for costly external financing hypothesis, while the decision to use derivatives in Slovenian companies is dependent only on the size of the company. It can be argued that the characteristics of the Croatian and Slovenian firms could be found in other South-eastern European countries and that findings of this research may act as a baseline from which to generalise. Therefore, the survey results analysed in this paper also suggest a broader comparison across countries in the region. The advantage of this work is that it provides an impetus for further research to move beyond the

  19. Whole-Grain Continuing Education for School Foodservice Personnel: Keeping Kids from Falling Short

    Science.gov (United States)

    Roth-Yousey, Lori; Barno, Trina; Caskey, Mary; Asche, Kimberly; Reicks, Marla

    2009-01-01

    Objective: The purpose of this project was to develop and test whole-grain continuing education for school foodservice personnel. Methods: A continuing education program was developed to address planning, purchasing, preparing, and serving whole-grain food in schools. Participants completed a pre-post questionnaire to assess changes in knowledge,…

  20. Diabetes Preparedness in Schools: What Do Foodservice Personnel Need to Know to Respond?

    Science.gov (United States)

    Grenci, Alexandra

    2009-01-01

    Diabetes is increasing in youth, presenting a serious public health threat. Although type 1 diabetes has historically been more common in children, type 2 diabetes is on the rise, linked to increases in overweight and obesity among American youth, particularly those of high risk racial and ethnic groups. Foodservice personnel, along with other…

  1. Work/Life Practices and the Recruitment and Retention of Large School Districts' Foodservice Professionals

    Science.gov (United States)

    Harrison, Mary Kate

    2010-01-01

    With the forthcoming retirement of school foodservice directors, the increasing pressures faced by employees at home and work, and the financial constraints of school districts, recruiting and retaining skilled and diverse employees will be challenging. Marketing work/life benefits to potential employees and supporting these policies to current…

  2. Food Safety Training Is Associated with Improved Knowledge and Behaviours among Foodservice Establishments’ Workers

    Directory of Open Access Journals (Sweden)

    Hezekiah Kehinde Adesokan

    2015-01-01

    Full Text Available Though several studies have evaluated the association between food safety training and behavior, little has investigated different training components in association with food handlers’ performance. Foodservice workers (N=211 with at least two years’ experience were willing to participate and were selected from major foodservice establishments in Ibadan, southwestern Nigeria, and completed a survey to evaluate the association between training, training area, duration, and refresher training and food safety knowledge and practices. We observed an association between training and knowledge (P=0.000 as well as practices (P=0.05 of food safety while different training areas contributed similarly to food handlers’ knowledge (P=0.17 and practices (P=0.08. However, there was a significant decline in knowledge (P=0.01 and practices (P=0.001 with an increase in training duration. Furthermore, foodservice employees with refresher training demonstrated significantly higher knowledge (P=0.000 and practice (P=0.003 levels than those without, being about 45 and 14 times more likely to, respectively, improve their knowledge (OR = 45; 95% CI: 3.47–584.34 and practice (OR = 13.5; 95% CI: 2.01–90.69. Researchers should always consider varying training components before making assertions regarding effectiveness of training on foodservice workers’ behaviour.

  3. Barriers and Opportunities Related to Whole Grain Foods in Minnesota School Foodservice

    Science.gov (United States)

    Hesse, David; Braun, Curtis; Dostal, Allison; Jeffery, Robert; Marquart, Len

    2009-01-01

    Purpose/Objectives: The purpose of this research was to identify barriers and opportunities associated with the introduction of whole grain foods into school cafeterias. The primary objective was to elicit input from school foodservice personnel (SFP) regarding their experiences in ordering, purchasing, preparing, and serving whole grain foods in…

  4. School Foodservice Employees' Perceptions of Practice: Differences by Generational Age and Hours Worked

    Science.gov (United States)

    Strohbehn, Catherine; Jun, Jinhyun; Arendt, Susan

    2014-01-01

    Purpose/Objectives: This study investigated the influences of school foodservice employees' age and average number of hours worked per week on perceived safe food handling practices, barriers, and motivators. Methods: A bilingual survey (English and Spanish) was developed to assess reported food safety practices, barriers, and motivators to…

  5. The Balance Sheet As an Earnings Management Constraint (Case Study In Indonesia Manufacture Company

    Directory of Open Access Journals (Sweden)

    Dwi Sudaryati

    2015-11-01

    Full Text Available This research has the purpose to examine the balance sheet existence as an earnings management constraint. This research use the secondary which it is taken from the quarterly financial statement of manufacture companies listed on Indonesia Stock Exchange (IDX during 2008-2009 periods. This research used 68 manufacture companies as its sample. Then, the obtained data has regression analyzed by Generalized Ordered Logit Model. The Output of regression indicates that there is significant relation between net assets with the earnings surprise. The reporting earnings surprise smaller negative or larger positive decrease when the value of net asset is overstated. So, it can be concluded that balance sheet is as an earnings management constraint.

  6. Web 2.0 Technologies in Companies: Attitudes of B&H Managers

    Directory of Open Access Journals (Sweden)

    Mirela Mabić

    2017-03-01

    Full Text Available Objective of the study was to investigate what managers think about the impact of Web 2.0 technologies on business operations. The empirical research was conducted among top and middle managers in companies in Bosnia and Herzegovina during May and June 2015. The results show that, although all respondents do not use these technologies, they have a relatively positive opinion on the application of Web 2.0 technologies in business. According to their opinion, Web 2.0 technologies make the most important contribution to data and information sharing in company and have a significant impact on the quality of communication, both internal and external. These results encourage further research on the application of Web 2.0 technologies in business and the use of all the advantages and benefits they can provide to someone actively using them.

  7. An Ontology-centered Approach for Designing an Interactive Competence Management System for IT Companies

    Directory of Open Access Journals (Sweden)

    Stefan TRAUSAN-MATU

    2009-01-01

    Full Text Available The paper presents a generic framework for an intelligent information system of competence management based on ontologies for information technology companies. In a first step it will be applied in an information technology (IT small enterprise and then its applicability will be verified for other organizations of the same type. The work presented in the paper is performed under the project "CONTO – Ontology-based Competencies Management in Information Technology" funded by the Romanian Ministry of Education and Research, involving two universities, a research institute and an IT private company. A competence management system (CMS, in our vision has to achieve three functions: (a to support the complete and systematic acquisition of knowledge about the competence of the members of an enterprise; (b to provide the knowledge about competences and their owners; (c to apply the available knowledge to serve a purpose. The core of the competence management information system is an ontology that plays the role of the declarative knowledge repository containing the basic concepts (such as: company-job, competence, domain, group, person etc. and their relationships with other concepts, instances and properties. The Protégé environment was used for the development of this ontology. The structure of the ontology is conceived so that description logics can be used to represent the concept definitions of the application domain in a structured and formally well-understood way. Knowledge acquisition is performed in our approach by enriching the ontology, according to the requirements of the IT company. An advantage of using an ontology-based system is the possibility of the identification of new relations among concepts based on inferences starting from the existing knowledge. The user can choose to query instances of one type of concept. The paper also presents some use-cases.

  8. Board of Directors, Top Management Team and the Developmentof Academic Spin-Off Companies

    OpenAIRE

    Bjørnåli, Ekaterina S.

    2009-01-01

    This dissertation addresses the under-studied area of the role of the top management team (TMT) and board of directors in the development of academic spin-off companies (ASOs) originating from public research institutes. ASO research receives growing attention internationally following the rise in commercialization activities in the vast majority of universities. The studies identify the barriers to and facilitators of ASO formation and growth, which are related to faculty attributes and ince...

  9. R&D+ i Strategic Management in a Public Company in the Brazilian Electric Sector

    Directory of Open Access Journals (Sweden)

    Ruy De Quadros Carvalho

    2013-05-01

    Full Text Available The purpose of this paper is - by reporting an experience of structuring processes and tools related to the strategic management of R&D in the electricity sector – to show the conditions and potential for improved efficiency, efficacy, and effectiveness in the R&D program set by ANEEL. The methodology is action research. This is because the proposed and tested model is the result of reflection and resolution of critical organizational issues, applied in a public company in the electric power sector. Act No. 9,991 of July 24, 2000 provides for the obligation on the part of concessionaires, permittees, and licensees in the electric power sector to invest part of their operating revenue in research and development (R&D. For the effective implementation of these legal obligations, companies prepare their annual R&D programs, comprising projects that aim at developing innovative solutions for their processes and increasing business efficiency. However, the urgency to comply with the contractual provisions, coupled with the small amount of experience most companies have when it comes to carrying out R&D activities and projects, has led to the gradual formation of a mode of R&D implementation and management that does not favor its optimization and alignment with the goals the utility companies and the sector’s own technological development . The approach proposed in this paper consists of structuring the processes and tools related to the management of R&D driven by innovation (R&D+i and aligned with with the business strategy. These processes include the adoption of procedures and tools to manage structured, integrated decision-making flows involved in the innovation process, aiming at full alignment with business goals and objectives.

  10. A Complex of Business Process Management Models for a Service-Providing IT Company

    OpenAIRE

    Yatsenko Roman M.; Balykov Oleksii H.

    2017-01-01

    The article presents an analysis of a complex of business process management models that are designed to improve the performance of service-providing IT companies. This class of enterprises was selected because of their significant contribution to the Ukrainian economy: third place in the structure of exports, significant budget revenues, high development dynamics, and prospects in the global marketplace. The selected complex of models is designed as a sequence of stages that must be accompli...

  11. The IT Impact in Management Decision Making in Romanian Companies: A Case Study

    Directory of Open Access Journals (Sweden)

    Cornelia NOVAC-UDUDEC

    2015-05-01

    Full Text Available The aim of this paper is to present a case study regarding the information technologies impact in decision making process on the management of some Romanian companies. The main parameters which can define the IT impact were established. The results of investigation and the most important correlations between the monitored parameters are also presented. At the end of the paper there are the conclusions on the impact of information technologies obtained from the case study.

  12. Auditor report and earnings management: Evidence from FTSE 350 companies in the UK

    Directory of Open Access Journals (Sweden)

    Mohammad Alhadab

    2016-11-01

    Full Text Available This paper examines the relationship between audit report and real-based and accrual-based earnings management based on a UK sample. Prior research has mostly focused on US data and examined the relationship between auditor report (qualified vs. non-qualified and earnings management (proxied by discretionary accruals, and found evidence that qualified audit report is positively associated with the level of discretionary accruals. Despite the importance of the role of audit firms to constrain the use of earnings management, there is no research to date has examined the relationship between auditor reports and real earnings management activities based on UK sample. This paper therefore fills this gap in the literature by providing the first evidence for UK FTSE 350 companies that auditor report is positively associated with real and accrual earnings management. The paper also provide evidence that firms received qualified audit report share different characteristics as compared to firms received un-qualified audit report

  13. Metrological management evaluation based on ISO10012: an empirical study in ISO-14001-certified Spanish companies

    International Nuclear Information System (INIS)

    Beltran, Jaime; Rivas, Miguel; Munuzuri, Jesus; Gonzalez, Cristina

    2010-01-01

    Environmental management systems based on the ISO 14001 standard rely strongly on metrological measurement and confirmation processes to certify the extent to which organizations monitor and improve their environmental behavior. Nevertheless, the literature lacks in studies that assess the influence of these metrological processes on the performance of environmental management in organizations, even now that the international standard ISO 10012 is already available to establish requisites and guidelines for the development of a metrological management system that is compatible with any other standardized management system. This work seeks to assess that influence through the development of an evaluation model for metrological management, which is then validated through an experimental analysis of the results obtained from the application of an audit process in 11 Spanish companies, all ISO-14001-certified and operating in different industrial sectors. (author)

  14. Realizing business benefits from company IT standardization : Case study research into the organizational value of IT standards, towards a company IT standardization management framework

    NARCIS (Netherlands)

    van Wessel, R.M.

    2008-01-01

    From a practical point of view, this research provides insight into how company IT standards affect business process performance. Furthermore it gives recommendations on how to govern and manage such standards successfully with regard to their selection, implementation and usage. After evaluating

  15. A Layered Software Architecture for the Management of a Manufacturing Company

    Directory of Open Access Journals (Sweden)

    Domenico CONSOLI

    2011-01-01

    Full Text Available In this paper we describe a layered software architecture in the management of a manufactur-ing company that intensively uses computer technology. Application tools, new and legacy, after the updating, operate in a context of an open web oriented architecture. The software architecture enables the integration and interoperability among all tools that support business processes. Manufacturing Executive System and Text Mining tools are excellent interfaces, the former both for internal production and management processes and the latter for external processes coming from the market. In this way, it is possible to implement, a computer integrated factory, flexible and agile, that immediately responds to customer requirements.

  16. Reducing the company weighted cost-of-capital by use of Management Commentary transparency in SMEs

    DEFF Research Database (Denmark)

    Schøler, Finn

    In a stakeholder perspective, this paper deals with information transparency through use of the management commentary as a means to improve the relation to other stakeholders than shareholders in (smaller) non-listed companies (SME’s). Some of the main incentives for doing this could be to reduce...... the cost of financing through credit institutions or improve the supplier accepted creditworthiness. This paper demonstrates empirically that there is a strong relationship between corporate transparency through use of an extensive management commentary and partly the financial costs, partly creditor...

  17. Knowledge management. Preservation and maintenance of implicit knowledge within a company

    International Nuclear Information System (INIS)

    Schmidt, Ulrich

    2010-01-01

    EnBW Energie Baden-Wuerttemberg AG operates in a more and more complex economical and political environment. This fact and ambitious growth targets are the reason for EnBW to activate more intensively hidden potentials of the staff and to strengthen their skills. The ''intellectual capital'' of EnBW becomes a key success factor and active knowledge management will be the key to save the sustainability of the company. For the implementation of knowledge management EnBW uses an integrated approach, which includes a cultural, strategic and operational level. Since 2006 the ''Knowledge Relay'' has been used in the EnBW group with great success. (orig.)

  18. Supply management and promotion of passion fruit production: the case of Alpha company

    Directory of Open Access Journals (Sweden)

    Sara Fátima Pereira Morais

    2017-09-01

    Full Text Available The search for improvement in the supply management has grown significantly due to the goal of strengthening ties with suppliers to generate mutual benefits. In this context and based on a program of development by Alpha Company, the aim of this study was to identify and analyze the main factors that led the company to design the promotional program, the results of which were obtained from the perception of employees and producers involved in the program as well as their perspectives for the future. Using a qualitative approach, a case study was performed with data collected through semi-structured interviews, in addition to documentary data provided by the company. It was observed that the agricultural development program was created to ensure the supply flow of passion fruit for the company studied, with the provision of technical assistance and minimum price to producers being examples of some of the strings attached. The results obtained so far have been positive both in the perception of the producers and employees, but some aspects can be improved. The program has been shown as an instrument of formalization of a partnership between producer and industry, but there is no expectation, at least for now, of this program expanding into other products.

  19. Change Management Perspectives in an ERP Module Implementation: A Case Study in a Telecommunication Company

    Directory of Open Access Journals (Sweden)

    Tota Simatupang

    2016-06-01

    Full Text Available Successful Enterprise Resource Planning (ERP projects require change management to support the integration of the ERP systems into work environment because ERP imple¬men¬tations involve lots of changes on technical infrastructures, business processes, organization structure, rules and skills of people in the organization. This study was aimed to explain the challenges in implementing an ERP module in a Indonesian telecommunication company, focusing on the change management process involves in the project. A case study at a tele¬com¬munication company was used to collect empirical data and to analyses important aspects of project arrangements that will have an impact on the change management process accompanying the ERP implementation project. The following two aspects of changes were analyzed as the impact of ERP implementation: changes in individual behaviors and changes in the organisational practices. Based on the empirical study, two important aspects of change management effectiveness in the project and post-project stage were highlighted: alignment of the organization structure to support IT-business collaboration and alignment of employee orientation towards effective use of ERP systems. Besides, this study also highlighted that it is important to plan and execute change management process in the post-project stage to obtain benefits from ERP implementation.

  20. IT MANAGEMENT DESIGN AT THE TOP 100 BRAZILIAN COMPANIES, ACCORDING TO THEIR CIOs

    Directory of Open Access Journals (Sweden)

    Leonel Cezar Rodrigues

    2009-12-01

    Full Text Available The objective of this paper is to identify the design of IT management atn the top 100 Brazilian companies. The research method was a quantitative approach, using the descriptive-statistical method to describe the data collected through a questionnaire with 77 questions, based on the rationale of the IT management, proposed by Lutchen (2003. The main results indicate that: a IT aligns with the basic processes of business, although not fully synchronized; b IT management adheres to conformity systems (ITIL, COBIT, but does not show optimization of business processes; c IT delivers the basic demands, but does not impose or use the best automated practices; and d IT quality is based on documented processes, but lacks indicators to control and orient business improvement. One may infer that IT management, at the top 100 Brazilian companies is essentially based on standard IT conformity systems, under the rationale of solution providers, and not as a business innovator or rule breaker. Thus, in spite of aligning and responding to business basic demand, IT management still does not show clear signs of alignment with the evolving nature of business models, needed to sustain business performance.

  1. IT MANAGEMENT DESIGN AT THE TOP 100 BRAZILIAN COMPANIES, ACCORDING TO THEIR CIOs

    Directory of Open Access Journals (Sweden)

    Leonel Cezar Rodrigues

    2010-01-01

    Full Text Available The objective of this paper is to identify the design of IT management atn the top 100 Brazilian companies. The research method was a quantitative approach, using the descriptive-statistical method to describe the data collected through a questionnaire with 77 questions, based on the rationale of the IT management, proposed by Lutchen (2003. The main results indicate that: a IT aligns with the basic processes of business, although not fully synchronized; b IT management adheres to conformity systems (ITIL, COBIT, but does not show optimization of business processes; c IT delivers the basic demands, but does not impose or use the best automated practices; and d IT quality is based on documented processes, but lacks indicators to control and orient business improvement. One may infer that IT management, at the top 100 Brazilian companies is essentially based on standard IT conformity systems, under the rationale of solution providers, and not as a business innovator or rule breaker. Thus, in spite of aligning and responding to business basic demand, IT management still does not show clear signs of alignment with the evolving nature of business models, needed to sustain business performance.

  2. THE INFLUENCE OF EARNING MANAGEMENT TO FIRM VALUE IN INDONESIA MANUFACTURING COMPANIES

    Directory of Open Access Journals (Sweden)

    Mitha FILANDARI

    2018-02-01

    Full Text Available Firm value is one of the indicators in determining whether the company is in health state and deservesto invest in it. This makes the manager to act appropriately by performing earnings management practicesto increase the firm value but with the implementation of GCG it is expected to reduce the earningsmanagement practices. This study aimed to examine the effect of GCG mechanisms (independentcommissioner, managerial ownership, institutional ownership, and audit quality as moderating variablesin the relationship between earnings management and firm value. The object in this study is a manufacturingcompany listed in Indonesia Stock Exchange period in 2010-2014. This study uses purposive samplingmethod so that 31 companies were obtained as study sample. Data used in this study are secondary whichare financial statement and annual report. Data analysis in this study uses multiple linear regressionanalysis and Moderated Regression Analysis with SPSS 21. The results show that GCG mechanisms whichcan be moderating variable between earnings management and firm value are independent commissionerand audit qualities whereas managerial ownership and institutional ownership cannot moderate therelationship between earnings management and firm value.

  3. Financial management of insurance companies in the context of the new regime Solvency II

    Directory of Open Access Journals (Sweden)

    Istrate Costin

    2017-07-01

    Full Text Available The new solvency regime Solvency II represents a solid and harmonized prudential framework applicable by insurance companies in the European area. Solvency II was implemented in the European Union by adopting Directives 2009/138/EC respectively 2014/51/EU, replacing existing directives regulating solvency former regime, known as Solvency I. Thus, the new European legislation in insurance, applicable from 1 January 2016, was aimed at unifying the main European insurance market and ensuring consumer protection. The responsible authority at EU level with the implementation of the new solvency regime is EIOPA - European Insurance and Occupational Pensions Authority, which dealt in previous periods of testing the European market insurance through organizing quantitative impact studies (last exercise - QIS5, organized in 2011. The main standards derived from Solvency II and also the new IFRS accounting provisions, intended to increase the transparency of risk management and investment, in order to pricing insurance products and profitability of the different classes of insurance rates. Solvency II brings both challenges and opportunities for companies, changing the concept of building protection programs for insured and generating additional concerns about capital requirements in the determination of own funds (basic, auxiliary and surplus that can be used to meet this requirement. Also estimate realistic and prudent risk assumed by insurance contracts concluded transposed to the insurance companies by recording every technical reserves represent a very important element in order to establish an optimal balance of financial resources. Given the significant overlap between IFRS and Solvency II, insurers will have to improve disclosure requirements of additional information and adjust planning and forecasting. All these measures will increase the efficiency of financial management, a series of operational measures and by providing documented and tested

  4. Management Practices. U.S. Companies Improve Performance through Quality Efforts. Report to the Honorable Donald Ritter, House of Representatives.

    Science.gov (United States)

    General Accounting Office, Washington, DC. National Security and International Affairs Div.

    The General Accounting Office (GAO) examined the impact of formal total quality management (TQM) practices on the performance of 20 selected U.S. companies that were among the highest-scoring applicants in 1988 and 1989 for the Malcolm Baldridge National Quality Award. Several key indicators used by companies to measure performance were analyzed.…

  5. Determinants of the Effectiveness of Capital Structure Management at Ukrainian Listed Power-Producing Companies

    Directory of Open Access Journals (Sweden)

    Mastiuk Dmytro O.

    2017-07-01

    Full Text Available This article is concerned with a theoretical and practical study on determinants of the effectiveness of capital structure management. The basic theories on the formation and management of the capital structure were allocated; other researches related to studying the capital structure of enterprises was considered. The author considers 19 independent variables of diverse effect level (micro, meso and macro levels and one dependent variable – economically added value, which was selected as an indicator of the effectiveness of capital structure management. The studied period is 14 years from 2003 to 2016 and is based on five listed power-producing companies. Eight key determinants of the effectiveness of capital management were defined. The highest positive impact among certain factors is the rate by the National Bank of Ukraine and profitability, while the strongest negative influences are the levels of competition in the market and of inflation. On results of the study, a series of recommendations for selected power-producing equity companies in Ukraine have been proposed, with the aim of reducing negative influences and enhancing positive effects through the development and selection of financial strategies.

  6. Building Server Capabilities - Company Level Innovation and Innovation Management in China

    DEFF Research Database (Denmark)

    Adeyemi, Oluseyi

    2012-01-01

    The twenty-first century is the century of the emerging economies, both in market growth and, just as importantly, in changes to business strategy. Rapid market growth is now experienced and the multinationals are reacting to the market by developing products to the taste of the local requirement...... for their decision making in encouraging operation activities in China. I will contribute scientifically to the discussion by developing theory on server capabilities considering the relationships and differences between the case companies........ How to develop the capabilities needed in the subsidiaries of multinational companies in order to fit their business strategies and to serve the markets appropriately poses challenges, and the study is an effort to unravel solutions to these challenges while helping managers to find suitable rationale...

  7. EcoM2 web portal: Collecting empirical data and supporting companies' ecodesign implementation and management

    DEFF Research Database (Denmark)

    Pigosso, Daniela Cristina Antelmi; McAloone, Tim C.; Rozenfeld, Henrique

    2013-01-01

    to that a comprehensive framework has been developed, with the aim of ensuring systematic management, implementation and continuous improvement of the ecodesign process. The framework, called Ecodesign Maturity Model (EcoM2), enables the diagnosis of the company’s ecodesign maturity profile; the identification......Despite the recognition of the potential benefits of ecodesign, a promising approach to integrate environmental concerns into the product development process, its application has failed to reach large numbers of companies and sectors worldwide due to managerial difficulties. In response...... of strengths and limitations; and the establishment of strategic roadmaps for improved ecodesign implementation. This paper describes the development of the EcoM2 web portal, which will allow for the framework to be tested on greater numbers of companies and at the same time to provide a quick diagnosis...

  8. Formalization of management control systems: a study of companies in Croatia

    Directory of Open Access Journals (Sweden)

    Ivana Dropulić

    2014-03-01

    Full Text Available This study seeks to explain management control systems (MCS design as a package of controls within a Croatian context. MCS was conceptualized in terms of four dimensions: cybernetic, reward and compensation, administrative and cultural controls to form a composite measure of MCS. The strength of the typology lies in the broad scope of the controls in MCS as a package rather than the depth of its discussion of individual systems. This is one of few research studies conducted in the field of MCS in Croatia. Empirical research is based on the data collected from 124 companies in Croatia using a post questionnaire. The final results indicate that companies in Croatia most frequently use more formalized MCS tested using confirmatory factor analysis. This research confirms the multidimensional nature of MCS.

  9. Influencing Factors on Earnings Management, Empirical Evidence from Listed German and Austrian Companies

    Directory of Open Access Journals (Sweden)

    Thomas Dilger

    2015-10-01

    Full Text Available Purpose – Since the 1960s earnings management has been a widely researched area and became presumably known by the current accounting scandals. This paper aims at empirically showing which factors affect earnings management. Design/methodology/approach – According to former research literature factors are derived, which might influence the companies' earnings management behavior. These factors are the applied accounting standard, the industry sector and the country of official quotation. Although several measurements for earnings management like abnormal accruals or income smoothing exist, this paper is predominantly using the distribution of net income scaled by total assets (RoA respectively total sales (RoS as earnings management measure. These earnings management measures have been selected as they can measure the frequency of earnings management in reality and no estimates are necessary. Findings – In general, analyses show that the distribution in earnings management intervals differ from the total population. Most noteworthy is that by adoption of principle-based accounting standards (IFRS/US-GAAP, in case of this study no differences of earnings quality was observable. The other two variables yield in mixed results due to the robustness checks, which indeed questions the scaling variables for data-sets including the financial industries. Research limitations/implications – First, according to the chosen measurement parameter no distinct assertion concerning the reasons for execution or non-execution of earnings management can be deduced. Second, the method of earnings management's identification is not dividable and therefore real-, accounting-, legal- and illegal- earnings management cannot be identified. Third, the research results are just partially generalizable concerning representativity (e.g. other countries, non-market listed companies and taken for granted just for similar data-sets. Originality/value – Although prior

  10. ROLE OF SUPPLY CHAIN MANAGEMENT IN INCREASING THE COMPETITIVENESS OF COMPANIES IN A GLOBAL CONTEXT

    Directory of Open Access Journals (Sweden)

    Liviu MĂRCUTĂ

    2013-01-01

    Full Text Available The supply chain management is an important source of improving the company’s efficacy and effectiveness because it facilitates the logistic integration between companies, the integrated management of the supply chains of the partners, respectively, in view of creating added value for the final client, which allows the creation of long term relationships or partnerships, which involves the cooperation in order to improve the design, diminish the costs, improve the quality and develop products to be launched as quickly as possible on the market. In the broadest sense, the supply chain management includes the entire network and develops strategies and influences to invest in and relate upstream with suppliers, supplier’ suppliers etc., and also to invest in and relate downstream with clients, client’ clients etc. up to the end user.

  11. The Evolution of Relationship Marketing (RM Towards Customer Relationship Management (CRM: A Step towards Company Sustainability

    Directory of Open Access Journals (Sweden)

    Samsudin Wahab

    2011-01-01

    Full Text Available This paper provides an overview of relationship marketing (RM and how it evolves to customer relationship management (CRM. Since marketing continuum is the basic concept for relationship marketing it is apt that marketing continuum is explained first. The reviewed literature than discussed the evolution of marketing from the four P’s principle towards more challenge structure combining environment factors and global market scenario ending with customer relationship management philosophy. This paper developed from the rational theories that are very relevant for the practitioners’ who are alert to the environmental changes. This paper ends with more applicable of customer relationship management concepts that are most recent tools to be considered for company growth and sustainability in the millennium age.

  12. 76 FR 20652 - Idaho Power Company; Notice of Application of Land Management Plan Update for the Bliss, Upper...

    Science.gov (United States)

    2011-04-13

    ... available for public inspection: a. Application Type: Land Management Plan Update. b. Project Nos.: 1975-109... Falls, and Lower Salmon Falls Hydroelectric Projects, has filed a combined Land Management Plan (LMP...-088] Idaho Power Company; Notice of Application of Land Management Plan Update for the Bliss, Upper...

  13. Unequal representation of women and men in energy company boards and management groups: Are there implications for mitigation?

    International Nuclear Information System (INIS)

    Carlsson-Kanyama, A.; Ripa Julia, Isabel; Roehr, Ulrike

    2010-01-01

    This survey shows that female representation in boards and management groups of large energy companies in Germany, Spain and Sweden is far from being gender-equal. Of the 464 companies surveyed, 295 (64%) had no women at all in boards or management groups and only 5% could be considered gender-equal by having 40% or more women in such positions. Interviews with energy companies confirmed current trends that gender equality efforts within decision-making in business are weak or non-existent. The findings are discussed against the background of differences in risk perceptions among women and men, evidence of women's impact on boards and companies' performance and the substantial risks related to unabated climate change. Research is suggested for exploring potential impacts on energy companies' performance with more women in the boards when it comes to mitigation activities.

  14. Unequal representation of women and men in energy company boards and management groups. Are there implications for mitigation?

    Energy Technology Data Exchange (ETDEWEB)

    Carlsson-Kanyama, A. [Swedish Defence Research Institute, Stockholm (Sweden); Ripa Julia, Isabel [Consultoria Ambiental, Logrono (Spain); Roehr, Ulrike [LIFE e.V, Berlin (Germany)

    2010-08-15

    This survey shows that female representation in boards and management groups of large energy companies in Germany, Spain and Sweden is far from being gender-equal. Of the 464 companies surveyed, 295 (64%) had no women at all in boards or management groups and only 5% could be considered gender-equal by having 40% or more women in such positions. Interviews with energy companies confirmed current trends that gender equality efforts within decision-making in business are weak or non-existent. The findings are discussed against the background of differences in risk perceptions among women and men, evidence of women's impact on boards and companies' performance and the substantial risks related to unabated climate change. Research is suggested for exploring potential impacts on energy companies' performance with more women in the boards when it comes to mitigation activities. (author)

  15. Unequal representation of women and men in energy company boards and management groups: Are there implications for mitigation?

    Energy Technology Data Exchange (ETDEWEB)

    Carlsson-Kanyama, A., E-mail: carlsson@foi.s [Swedish Defence Research Institute, Stockholm (Sweden); Ripa Julia, Isabel [Consultoria Ambiental, Logrono (Spain); Roehr, Ulrike [LIFE e.V, Berlin (Germany)

    2010-08-15

    This survey shows that female representation in boards and management groups of large energy companies in Germany, Spain and Sweden is far from being gender-equal. Of the 464 companies surveyed, 295 (64%) had no women at all in boards or management groups and only 5% could be considered gender-equal by having 40% or more women in such positions. Interviews with energy companies confirmed current trends that gender equality efforts within decision-making in business are weak or non-existent. The findings are discussed against the background of differences in risk perceptions among women and men, evidence of women's impact on boards and companies' performance and the substantial risks related to unabated climate change. Research is suggested for exploring potential impacts on energy companies' performance with more women in the boards when it comes to mitigation activities.

  16. Characterization of industrial waste from a natural gas distribution company and management strategies: a case study of the East Azerbaijan Gas Company (Iran).

    Science.gov (United States)

    Taghipour, Hassan; Aslhashemi, Ahmad; Assadi, Mohammad; Khodaei, Firoz; Mardangahi, Baharak; Mosaferi, Mohammad; Roshani, Babak

    2012-10-01

    Although a fundamental prerequisite for the successful implementation of any waste management plan is the availability of sufficient and accurate data, there are few available studies regarding the characterization and management of gas distribution company waste (GDCW). This study aimed to characterize the industrial waste generated by the East Azerbaijan Gas Distribution Company (EAGDC) and to present environmental management strategies. The EAGDC serves 57 cities and 821 villages with a total population of more than 2.5 million as well as numerous industrial units. The methodology of this study was based on a checklist of data collected from each zone of the company, site visits (observation), and quantity and quality analysis according to the formal data available from different zones. The results indicate that more than 35 different kinds of industrial solid waste are generated in different industrial installations. The most important types of generated waste include empty barrels (including mercaptans, diesel fuel, deionized waters and oil), faulty gas meters and regulators, a variety of industrial oils, sleeves, filter elements and faulty pipes, valves and fittings. The results indicated that, currently, GDCW is generally handled and disposed of with domestic waste, deposited in companies' installation yards and stores or, sometimes, recycled through non-scientific approaches that can create health risks to the public and the environment, even though most of the GDCW was determined to be recyclable or reusable materials. This study concludes that gas distribution companies must pay more attention to source reduction, recycling and reusing of waste to preserve natural resources, landfill space and the environment.

  17. The peculiarities of process-based approach realization in transport sector company management

    Science.gov (United States)

    Khripko, Elena; Sidorov, Gennadiy

    2017-10-01

    In the present article we study the phenomena of multiple meaning in understanding process-based management method in construction of transport infrastructure facilities. The idea of multiple meaning is in distortions which appear during reception of the management process paradigm in organizational environment of transport sector. The cause of distortion in process management is organizational resistance. The distortions of management processes are discovered at the level of diffusion among spheres of responsibility, collision in forms of functional, project and process interaction between the owner of the process and its participants. The level of distortion is affected by the attitude towards the result of work which means that process understanding of the result is replaced by the functional one in practice of management. This transfiguration is the consequence of regressive defensive mechanisms of the organizational environment. On the base of experience of forming process management in construction of transport infrastructure facilities company of the issues of diagnostics of various forms of organizational resistance and ways of reducing the destructive influence on managing processes are reviewed.

  18. Creating a business environment in inventory management - The Philadelphia Electric Company experiences

    International Nuclear Information System (INIS)

    Franks, A.J.; Birch, H.

    1992-01-01

    Philadelphia Electric Company's (PECo's) Nuclear Engineering and Services Department was asked to develop a (non-fuel) inventory management philosophy that will optimize inventory dollars at Peach Bottom atomic power station and Limerick generating station. The ultimate goal of the project is to maximize the potential for the correct parts being available at the lowest possible level of investment. There are many factors that make the management of maintenance, repair, and operating (MRO) supply inventories more complicated than managing finished goods, work-in-progress, or raw materials. Determining correct inventory levels for nuclear power plants is complicated by the irregular demand for spare parts and the cyclic nature of demand caused by refueling outages. Based on the information collected, it was determined that PECo's nuclear group needed to develop policies and strategies to address the following issues: (1) inventory classification based on part criticality, usage, and demand forecast; (2) item level ordering policies based on classification system; (3) inventory performance management; and (4) management of obsolete/surplus parts. Currently, policies are being developed to manage surplus and obsolete materials. Opportunities are being explored regarding the potential capitalization of critical components and parts. The policies established for classification, ordering policies, and performance management are being translated into work processes via common procedures and guidelines

  19. Impact of economic crisis on earnings management in European listed companies

    Directory of Open Access Journals (Sweden)

    Konrad Grabiński

    2016-07-01

    Full Text Available The aim of the paper is to investigate the impact of global economic crisis 2007–2009 on earnings man-agement in European listed companies. In the first section concepts of economic and financial crisis are explained from the perspective of economic theory. Then the concept of earnings management is present-ed. Hypothesis development constitutes the third part of the paper. The main hypothesis postulates that macroeconomic conditions of crisis restrain earnings management. The next section explains the meth-odology of empirical study. Using adapted Dechow model, earnings management is measured in more than 36 thousand firm-level observations from 27 European countries. Then using panel regression with fixed effects the magnitude of earnings management is investigated from the perspective of crisis and non-crisis period. The last section presents results of the study, which provide evidence that during the crisis period earnings management is curbed. Additionally, the analysis shows that macroeconomic con-ditions associated with economic crisis like GDP drop rates and increase of unemployment affect differ-ently the magnitude of earnings management.

  20. Knowledge management maturity: analysis of manager’s perceptions of a large construction company

    Directory of Open Access Journals (Sweden)

    Carlos Henrique Cotta Natale

    2016-04-01

    Full Text Available Introduction: From the application of a Knowledge Management (KM maturity model, an organization may be able to identify KM practices that can be improved and, or deployed. Objective: The purpose is to identify the perception of top managers regarding the maturity of Knowledge Management practices within a large construction company. Methodology: This qualitative and descriptive research was conducted with the top management group (15 executives in two phases: preliminary interview and a semi structured questionnaire (100 questions and 6 levels based upon Strategic Knowledge Management Maturity Model (KRUGER; SNYMAN, 2007b. Results: The organization was classified in the initial stage of knowledge management. The S-KMMM allowed the identification of isolated departmental initiatives and KM processes that can deployed or enhanced. Conclusions: It was observed that the application of KM maturity model has been useful for the managers to recognize that the current KM practices are isolated, intuitive and informal. The application of S-KMMM has proven to be valid to the systematic evaluation and the strategic alignment of KM corporate initiatives.

  1. Energy management system based on standard 50001 in the company Feed Cienfuegos

    International Nuclear Information System (INIS)

    Monteagudo Yanes, José P.; Crespo Sánchez, Gustavo; Montesino Pérez, Milagros; Cruz Virosa, Ibis; Cabrera Sánchez, Jorge Luis

    2017-01-01

    The energy management in manufacturing of balanced feed requires the Company Feed Cienfuegos to have systems and processes that enable efficiency and quality in production, improve energy performance and increase their competitiveness. Technology of Total Efficient Energy Management (TTEEM) and Cuban Standard ISO 50001 that are promoted and researched by the Center for Studies of Energy and Environment (CEEMA), of the University of Cienfuegos and the necessity and possibility of this Company to improve energy management allowed undertaking this project. Getting and use of energy performance indicator against production and the energy base line for daily control of energy consumption allowed decreasing from 12.8 kWh/t on average, to values below 10 kWh/t for the same production levels (500t/day). This result represents the reduction of energy consumption in the order of 364,000 kWh/year and consequently 15% of the energy item costs. This result is equivalent in cost of generation to 120 tons of oil/year, which at current oil prices mean a savings of $ 6,000 USD/year. (author)

  2. Influence of corporate governance and management practices on the percpetion of unity and harmony in family- owned companies

    Directory of Open Access Journals (Sweden)

    Gonzalo Eduardo Gómez Betancourt

    2017-02-01

    Full Text Available Starting with a bibliographic review and the former experience from different authors, 47 practices of corporate governance and management were identified which could definitely influence on company unity and harmony. Based on a sample taken of Mexican and Colombian companies, an analysis of logistic regression was applied in which it was found that looking for an advice to manage equity, to have continuing education of leaders, to own a family strategy and to organize shareholders´ meetings are the most influential practices to get a perception of unity and harmony in family- owned companies.

  3. A historical and descriptive review of the pioneer companies in the intangible management

    Directory of Open Access Journals (Sweden)

    Francisca Castilla Polo

    2014-02-01

    Full Text Available Purpose: The importance and significance of the intangibles in recent years seems unquestionable to the current business environment is questionable but why not all companies, depending on their nature, are addressing their treatment. Trying to explain from the past the present situation, we will focus on analyzing the role business played in this development. Design/methodology/approach: This shall be performed at first a theoretical review of the origins of the business interest to intangibles and secondly an analysis of the reasons that argue such pioneers to address the management of these elements. Findings and Originality/value: Our results confirm both the existence of a heterogeneous between firms bet they observe the predominance of advice and knowledge intensive companies or technologies, all of great size, as the existence of different reasons for starting this management of the intangible between the protruding inform the role of different stakeholders not booked capital. Research limitations/implications: We have analyzed only those cases we have considered like the most representative pioneers internationally, for this reason we consider necessary in the future enlargement of the cases studied. Practical implications: Our results have important implications to guide research in this field, because they suppose a call for attention for the analysis of those companies are not managing their intangibles. Social implications: Our results also are a means to guide institutional-political actions in this matter, given the relationship between intangibles and value creation. Originality/value: This paper contributes to existing research on the development of the evolution of corporate interest in intangible cataloging the pioneers and offering an explanation of the reasons offered to carry out the disposal of these items.

  4. Analysis and application of advanced fuel management strategies at Florida Power and Light Company

    International Nuclear Information System (INIS)

    Knuckles, E.R.; Mantyh, J.D.; Hoskins, K.C.

    1986-01-01

    Reload design flexibility is the degree of freedom that the fuel management engineer has in utilizing various options to achieve and maintain an optimal core design. The major factors affecting flexibility are the basic design constraints, fuel design, and operational and regulatory uncertainty. The degree of flexibility available to the engineer can be improved through an understanding of the inter-relationship of these factors. Specific examples are used to demonstrate how the concept of flexibility has been implemented at Florida Power and Light Company

  5. Using game theory to assess multi-company strategies in watershed management

    Directory of Open Access Journals (Sweden)

    Luke Ogilvie Thompson

    2016-06-01

    Full Text Available The main objective of this work was to evaluate the use of game theory as a strategic tool for watershed management decision-making. An engineering problem case study was used in which three organizations compare various scenarios when deciding where to locate a polluting plant on a watershed. Six games were modeled to provide a variety of conditions that could feasibly be implemented and were simulated using software for finding Nash Equilibria solutions. The results show that game theory can provide key insights, such as the consideration of other players' strategies, and identify possible pitfalls that may occur when the companies seek only to maximize their individual profitability.

  6. Water Loss Reduction as the Basis of Good Water Supply Companies' Management

    Science.gov (United States)

    Ociepa-Kubicka, Agnieszka; Wilczak, Krzysztof

    2017-10-01

    Companies using water distribution systems to reduce the operating costs and increase the reliability of water supply systems, as well as to protect disposable water resources, must search for ways to reduce water losses. The article points out the economic and environmental aspects of water losses. The possibilities of using international water loss assessment standards have been analysed. The reflections presented in the paper refer to the current trends and world standards in the field of water distribution systems management. The article presents the results and analysis of water losses for the water supply network operated by the Water Supply and Sewerage Company in Gliwice (Przedsiębiorstwo Wodociągów i Kanalizacji w Gliwicach, PWiK). The losses were determined on the basis of numerous indicators and compared with other distribution systems. At present, most indicators of water loss are at a very good or good level. The Infrastructure Leakage Index (ILI), as one of the most reliable loss indicators for the surveyed distribution system, assumed values from 3.33 in 2012 to 2.06 in 2015. The recent drop in ILI values indicates the effectiveness of the Company's strategy for water leakage reduction. The success comprises a number of undertakings, such as ongoing monitoring, pressure reduction and stabilisation, repairs and replacement of the most emergency wires.

  7. Challenges in performance of food safety management systems: a case of fish processing companies in Tanzania.

    Science.gov (United States)

    Kussaga, Jamal B; Luning, Pieternel A; Tiisekwa, Bendantunguka P M; Jacxsens, Liesbeth

    2014-04-01

    This study provides insight for food safety (FS) performance in light of the current performance of core FS management system (FSMS) activities and context riskiness of these systems to identify the opportunities for improvement of the FSMS. A FSMS diagnostic instrument was applied to assess the performance levels of FSMS activities regarding context riskiness and FS performance in 14 fish processing companies in Tanzania. Two clusters (cluster I and II) with average FSMS (level 2) operating under moderate-risk context (score 2) were identified. Overall, cluster I had better (score 3) FS performance than cluster II (score 2 to 3). However, a majority of the fish companies need further improvement of their FSMS and reduction of context riskiness to assure good FS performance. The FSMS activity levels could be improved through hygienic design of equipment and facilities, strict raw material control, proper follow-up of critical control point analysis, developing specific sanitation procedures and company-specific sampling design and measuring plans, independent validation of preventive measures, and establishing comprehensive documentation and record-keeping systems. The risk level of the context could be reduced through automation of production processes (such as filleting, packaging, and sanitation) to restrict people's interference, recruitment of permanent high-skilled technological staff, and setting requirements on product use (storage and distribution conditions) on customers. However, such intervention measures for improvement could be taken in phases, starting with less expensive ones (such as sanitation procedures) that can be implemented in the short term to more expensive interventions (setting up assurance activities) to be adopted in the long term. These measures are essential for fish processing companies to move toward FSMS that are more effective.

  8. ANALYSIS OF THE APPLICATION OF MANAGEMENT PRACTICES FOR OPERATIONAL SAFETY IN A COMPANY OF OIL AND GAS SECTOR

    Directory of Open Access Journals (Sweden)

    Elisabete Coentrão Marques

    2014-05-01

    Full Text Available Operational safety is a worrying factor within any company, especially in the oil and gas sector. The objective of this work was to analyze the application of technical regulation of the management system for operational safety on marine installations for drilling and production of oil and natural gas from the National Agency of Petroleum, Natural Gas and Biofuels in manuals of a company in the oil and gas sector. The methodology was based on documentary analysis. It was observed that the company management can achieve the technical factors of work, building design and integration as operational safety in each of the management practices. Concluded that the format and information of manuals are placed as potential to eliminate the risks for the company and the environment.

  9. The Utilization Of Resources And Regulation Along With Companys Strategies In Managing Oil And Natural Gas Industry In Indonesia

    Directory of Open Access Journals (Sweden)

    Sigit Rahardjo

    2015-08-01

    Full Text Available Oil and gas production in Indonesia has been declined since 1995 up to now the effort to increase the production has been done but it does not result yet. In contrast day by day the investment is getting increased and huge on the other hands it becomes a problem and a challenge for Indonesia to meet oil needs as raw material for refined fuel oil either for transportation or industries. Day by day the needs of refined fuel oil is getting increased and huge as it is correlated to the increasing of the number of motorcycles either two-wheeled or four-wheeled as well as the increasing of oil and gas or non-oil and gas industries. Oil and natural industry Resource Base has specific characteristics those are internal factor that uses resource such as high technology huge investment cost as well as competent human resources. Besides the external factor those are good regulations either in the central and regional levels as well as the sector which is very important toward the production performance and the of company managements strategies to manage this industry. This paper attempts to figure out the impact of internal factor in the form of resources and external factor in the form of regulation as well as the effect of production performance toward petroleum companies of upstream sectors in Indonesia and managements role especially petroleum industrialists in managing the company. The wane of oil production and the increasing of refined fuel oil need in Indonesia as well as the increasing of oil production cost then it will affect the industrialists strategies in managing the companies. The resources consist of human resource oil reserve as well as petroleum technologies. While regulation consists of law central and regional government regulations and rules in oil and gas sector. Whereas the companys strategies are explained by production volume and selling volume of oil. Companys performance which sets to work in upstream sector is influenced by

  10. Workers’ Self-management, Recovered Companies and the Sociology of Work

    Science.gov (United States)

    Croucher, Richard

    2014-01-01

    We analyse how far Argentina’s worker-recovered companies (WRCs) have sustained themselves and their principles of equity and workers’ self-management since becoming widespread following the country’s 2001–2 economic crisis. Specialist Spanish-language sources, survey data and documents are analysed through four key sociological themes. We find that the number of WRCs has increased in Argentina, and that they represent a viable production model. Further, they have generally maintained their central principles and even flourished. This occurred despite the global economic crisis, legal and financial pressures to adopt capitalist practices and management structures, the risk of market absorption and state attempts to coopt, demobilise and depoliticise the movement. We argue that today they function as a much-needed international beacon of an alternative vision for labour and that integration of their experience has potential to revitalise the field. PMID:25419009

  11. Ecodesign maturity model: a management framework to support ecodesign implementation into manufacturing companies

    DEFF Research Database (Denmark)

    Pigosso, Daniela Cristina Antelmi; Rozenfeld, Henrique; McAloone, Tim C.

    2013-01-01

    and improvement projects to be applied, by adopting a continuous improvement approach for process improvement. The model is thus intended to support ecodesign managers in their deployment of strategic and tactical roadmaps for ecodesign implementation. The paper discusses the main concept of the model......Over the last few decades, ecodesign has emerged as a promising approach to integrate environmental concerns into the product development and related processes. Ecodesign aims to minimize environmental impacts throughout the product’s life cycle, without compromising other essential criteria...... such as performance and cost. Despite the potential benefits of ecodesign and the existence of several tools and techniques for product design, the actual application of ecodesign has not reached companies worldwide, mainly due to difficulties in ecodesign implementation and management. This paper introduces...

  12. Information technology innovation - a genuine driver of improving customer relationship management in romanian companies

    Directory of Open Access Journals (Sweden)

    Ph.D.Associate Professor Camelia Cojocaru

    2012-05-01

    Full Text Available Consolidating the IT field of the company represents a target for most IT responsible, nowadays. At the same time, organizations expect their IT expenditure to increase in the next decade. This paper aims to underline the new generation of information technology and how to use them to make better business decisions in managing enterprise resources and improve customer relationships. The alternative goal is to place the focus not only on developing new software but also on achieving business results, placing particular emphasis on customer relationship management. The purpose of technology is to solve practical business problems, and one of them is the necessity to understand and maintain relationships with the customers. The paper will reveal the companies’ responses to the latest dramatic changes in the informational technologies, in order to cope with the persistence of the global economic crisis and to assure increase of organizational efficiency and profit.

  13. Workers' Self-management, Recovered Companies and the Sociology of Work.

    Science.gov (United States)

    Ozarow, Daniel; Croucher, Richard

    2014-10-01

    We analyse how far Argentina's worker-recovered companies (WRCs) have sustained themselves and their principles of equity and workers' self-management since becoming widespread following the country's 2001-2 economic crisis. Specialist Spanish-language sources, survey data and documents are analysed through four key sociological themes. We find that the number of WRCs has increased in Argentina, and that they represent a viable production model. Further, they have generally maintained their central principles and even flourished. This occurred despite the global economic crisis, legal and financial pressures to adopt capitalist practices and management structures, the risk of market absorption and state attempts to coopt, demobilise and depoliticise the movement. We argue that today they function as a much-needed international beacon of an alternative vision for labour and that integration of their experience has potential to revitalise the field.

  14. A Complex of Business Process Management Models for a Service-Providing IT Company

    Directory of Open Access Journals (Sweden)

    Yatsenko Roman M.

    2017-10-01

    Full Text Available The article presents an analysis of a complex of business process management models that are designed to improve the performance of service-providing IT companies. This class of enterprises was selected because of their significant contribution to the Ukrainian economy: third place in the structure of exports, significant budget revenues, high development dynamics, and prospects in the global marketplace. The selected complex of models is designed as a sequence of stages that must be accomplished in order to optimize business processes. The first stage is an analysis of the nature of the process approach, approaches to strategic management, and the characteristics of service-providing IT companies. The second stage is to build the formal and hierarchical models to define the characteristics of the business processes and their structure, respectively. The third stage is to evaluate individual business processes (information model and the entire business process system (multi-level assessment of business processes. The fourth stage is to optimize the business processes at each level: strategic, tactical and operational. The fifth stage is to restructure the business processes after optimization. The sixth (final stage is to analyze the efficiency of the restructured system of business processes.

  15. Company project: "Evaluation of the quality of medical records as a tool of clinical risk management"

    Directory of Open Access Journals (Sweden)

    Anna Santa Guzzo

    2017-04-01

    Full Text Available Introduction: The medical record was defined by the Italian Ministry of Health in 1992 as "the information tool designed to record all relevant demographic and clinical information on a patient during a single hospitalization episode". Retrospective analysis of medical records is a tool for selecting direct and indirect indicators of critical issues (organizational, management, technical and professional issues. The project’s purpose being the promotion of an evaluation and self-evaluation process of the medical records as a clinical risk management tool, in order to improve the quality of care within the company. Methods/design: The Authors have retrospectively analyzed a total of n. 1184 medical charts of patients admitted to Teaching Hospital “Umberto I” in Rome during in 2013 ( n. 518 and 2015 (n. 666 . Statistical analysis was performed using SPSS for Windows © 19:00. all duly filled out criteria (92 were examined. Strengths” and " Weaknesses " have been identified from data analysis and on the basis of the established criteria to identify Best Practices and Bad Practice. Results and Conclusion: The data analysis showed marked improvements (statistically significant of the quality of evaluated clinical documentation and indirectly of behavior. However, when taking into account some sub-criteria, critical issues emerge; these issues taking into account company priorities, could be subject in the future to further corrective actions.

  16. Model for occurrence orientated knowledge management in construction companies; Prozessmodell fuer ereignisorientiertes Wissensmanagement in Bauunternehmungen

    Energy Technology Data Exchange (ETDEWEB)

    Girmscheid, G. [Institut fuer Bauplanung und Baubetrieb, Zuerich (Switzerland); Schmidle, C.M. [Ed. Zueblin AG, Stuttgart (Germany)

    2003-07-01

    Due to the insufficient transfer of knowledge from projects, construction company organisations do not use the potentials for their competitive advantage. In this paper a knowledge management process will be presented for the identification, classification and allocation of knowledge integrated in the controlling process of enterprises, which is bounded to civil works occurrence. The presented occurrence orientated knowledge process model was developed at the Swiss Federal Institute of Technology in Zurich. This is not a holistic knowledge management concept for a construction company; it is focused on the process and the relevant participants and users. (orig.) [German] Durch den ungenuegenden Wissenstransfer von Projektwissen werden von Bauunternehmungen potentielle Synergien zur Verbesserung der Wettbewerbsfaehigkeit nicht ausreichend genutzt. In diesem Beitrag wird ein Wissensmanagementprozess dargestellt, der an der ETH Zuerich entwickelt wurde, welcher ereignisorientiertes Wissen in Bauunternehmungen identifiziert, hinsichtlich der Zielpersonen klassifiziert und dieses Wissen zur Nutzung in Projekten bereitstellt. Fuer die Identifikation werden Instrumente des Controlling herangezogen. Dieses Wissensmanagementkonzept soll einen kontinuierlichen Verbesserungsprozess auf der Basis des ereignisorientierten Wissens einleiten, um aus positiven sowie negativen Ereignissen in den Bauprojekten zu lernen und so zu einer lernenden Organisation zu gelangen. (orig.)

  17. COST ACCOUNTING AS THE KEY INFORMATION CORE OF THE COMPANY MANAGEMENT

    Directory of Open Access Journals (Sweden)

    Radmila Jablan STEFANOVIĆ

    2010-12-01

    Full Text Available The management is expected to lead the company towards the achievement of set objectives which, in the contemporary settings of marked external and internal complexity, inevitably requires sophisticated expert knowledge and skills, as well as quality information support. Cost accounting generates cost and performance information with the goal of qualitatively meeting information needs of, above all, internal users. It represents the essential part of the company’s accounting information system as a whole and it is often stressed as the key information core and a reliable information support for the company’s management in performing their managerial activities. The contemporary business environment inevitably requires the restructuring of cost accounting and new approaches to costing and cost management, in the attempt to improve the quality of cost information that has always been the object of particular interest. Moreover, only a flexibly designed cost accounting information system can qualitatively respond to the increasingly numerous and various information requirements. In this paper we discuss the role cost accounting has in offering adequate information support to managers at all managerial levels. We emphasize some of the new tools, techniques, concepts and approaches to costing and cost management

  18. Aviation Technology Life Cycle Management: Importance for Aviation Companies, Aerospace Industry Organizations and Relevant Stakeholders

    Directory of Open Access Journals (Sweden)

    Stanislav Szabo

    2017-04-01

    Full Text Available The paper in the introductory part underlines some aspects concerning the importance of Aviation Technology Life Cycle Management and informs on basic international standards for the processes and stages of life cycle. The second part is focused on definition and main objectives of system life cycle management. The authors subsequently inform on system life cycle stages (in general and system life cycle processes according to ISO/IEC/IEEE 15288:2015 standard. Following the fact, that life cycle cost (LCC is inseparable part and has direct connection to the life cycle management, the paper contains brief information regarding to LCC (cost categories, cost breakdown structure, cost estimation a.o.. Recently was issued the first part of Aviation Technology Life Cycle Management monograph (in Slovak: ”Manažment životného cyklu leteckej techniky I”, written by I.Koblen and S.Szabo. Following this fact and direct relation to the topic of article it is a part of article briefly introduced the content of two parts of this monograph (the 2nd part of monograph it has been prepared for the print. The last part of article is focused on issue concerning main assumptions and conditions for successful application of aviation technology life cycle management in aviation companies, aerospace industry organizations as well as from the relevant stakeholders side.

  19. The relationship between top managers' environmental attitudes and environmental management in hotel companies

    OpenAIRE

    Park, Jeongdoo

    2009-01-01

    Environmental management and sustainability have been recent important issues in the hospitality industry. The hotel industry, as a main sector of the hospitality industry, has benefited from environmental initiatives through improving corporate image and increasing resource and energy efficiency. Among various environmental issues that have been addressed in the hotel industry, managerial influence on environmental management is rarely investigated. The purpose of this study was to ex...

  20. Quality Management in Project Management Consulting. A Case Study in an International Consulting Company

    Directory of Open Access Journals (Sweden)

    Eduard-Gabriel Ceptureanu

    2017-02-01

    Full Text Available The present paper addresses quality management from the specific perspective of project management consulting service providers, in the framework of large infrastructure projects. Because of their supposed superiority in knowledge and experience, project management consultants have an ultimate responsibility for the proper implementing of the project. Therefore, quality management in consulting organizations should focus on critical success factors. As there is no consensus yet regarding the most important aspects of the consulting activity on which depend the achievement of the project aims, there is scope for further investigating this subject. Here, the case of a project management consulting organization involved in large infrastructure projects in Romania, Bulgaria, Moldova, Ukraine and Serbia is analyzed. Data collected through a questionnaire-based survey among international consultants and support personnel suggest that factors related to leadership style and communication skills are more closely tied to the success of the project than more technical aspects. The results constitute an empirical evidence of main success factors for specialized consulting services in project management and can be useful in improving business and project performance and achieving business excellence.

  1. An Assessment of Risk and Risk Management Information Disclosure of Companies Listed in Nasdaq OMX Baltic and Euronext Brussels

    Directory of Open Access Journals (Sweden)

    Dalia Kolmatsui

    2016-09-01

    Full Text Available The main goal of this paper is to discuss theoretically and to evaluate empirically the differences of risk and risk management information disclosure (RRMID among companies listed in Nasdaq OMX Baltic and Euronext Brussels and to determine factors influencing such differences. The authors use analysis and systemization of scientific literature, induction, content analysis and coding procedure for risk and risk management information disclosure assessment, as well as correlation and regression analyses. The results suggest that companies listed in Euronext Brussels disclose more risk and risk management (RRM information; RRM related disclosures are more qualitative, focused on past or present events and have a neutral meaning in both markets. Companies also disclose more information about risks themselves than about risk management. Finally, only companies’ size and presence of audit committee are significant factors influencing RRMID.

  2. Constraints to Strategy Implementation and their Influence on Business Performance: the Case of a Waste Management Logistics Company

    Directory of Open Access Journals (Sweden)

    Chengedzai Mafini

    2016-08-01

    Full Text Available Waste management companies in developing countries often have to contend with a plethora of factors that inhibit their business performance. The primary objective of this study was to investigate the influence of constraints to strategy implementation on the business performance of a waste management logistics company in South Africa. The study was triggered by the lack of previous research focusing on constraints to strategy implementation in the waste management sector. The study employed a quantitative approach using the cross sectional survey design in which data were collected from 309 employees of a waste management logistics company based in Gauteng Province. Seven constraints to strategy implementation; namely, management practices, human resource capabilities, customer service, external orientation, internal communication, innovation and employee motivation were identified through Exploratory Factor Analysis. Pearson correlations showed that business performance is negatively affected as and when each constraint becomes more prevalent. Regression analysis showed that all constraints were statistically significant. To academics, the study provides current insights on factors impacting on business performance in waste management organisations. Management practitioners may improve the levels of business performance through structural adjustments of the seven constraints identified in this study. The study may be used as a reference point in the diagnosis of business performance related challenges in companies operating within the waste management sector.

  3. Do General Practices of Management Play Role as Drivers for Employee Job Satisfaction in Pakistani Entrepreneurial Companies?

    Directory of Open Access Journals (Sweden)

    Sergey Nikolaevich Polbitsyn

    2017-03-01

    Full Text Available Using general practices of management is management philosophy; many organizations practice these tools that endeavor to improve their efficiency and competitiveness in the business markets. It is an integrated approach to reaching and maintaining high-quality production and services focusing on the maintenance and continuous improvement of operations in order to satisfy or exceed the customer satisfaction. Many researchers have done a lot of work on other management practices; total quality management is an important one of them in this competitive era, which has rarely studied especially in small and medium size entrepreneurial companies in Pakistan. This quantitative research study tried to determine the impact of Total Quality Management practices on job satisfaction level of the employees of those small and medium size companies based on new and creative ideas in the capital city. The conducted survey among 550 employees of small and medium size entrepreneurial companies in the capital of Pakistan got 200 employees response properly in filling out the questionnaire. The collected data was analyzed after applying software (version 20 Statistical Package for Social Sciences. Multiple regression was applied to test the proposed model, which was found satisfied. Leadership and top management support were founded the most dominant practice among the selected Total Quality Management practices which has a significant effect on employee job satisfaction. The findings of this study prove that the implementation of Total Quality Management practices can help in increasing employees’ job satisfaction which intern would increase Productivity of small and medium size entrepreneurial companies.

  4. Hierarchical level oF managers’ abilities: A Moderator between Quality Management Practices and Company Financial Performance

    Directory of Open Access Journals (Sweden)

    Wakhid Slamet Ciptono

    2007-09-01

    Full Text Available This study investigates the moderating impacts of hierarchical level of managers’ abilities on the form and strength of all structural relationships between quality management practices and company financial performance. This study describes the structural relationships among the research constructs —six critical factors of quality management practices (quality improvement program, supervisory leadership, supplier involvement, management commitment, training to improve products/services, cross-functional relationships; the contextual factors of oil and gas companies—world-class performance in operations (world-class company practices, operational excellence practices, company non-financial performance; and company financial performance. It uses a sample of 1,332 managers in 140 strategic business units (SBUs within 49 oil and gas companies operating in Indonesia. The empirical results indicate that the goodness-of-fit of the unconstrained model is much better than that of the constrained model, and this is an indicator that hierarchical level of managers’ abilities moderates all structural relationships among the research constructs. Hence, the hierarchical level of managers’ abilities acts as a moderating variable of the whole model (i.e., among critical factors of quality management practices, world-class company practices, operational excellence practices, company non-financial performance, and company financial performance. It means that the major contribution of the hierarchical level of managers’ abilities is how to make changes in the organizational system. Top level managers’ abilities are deemed the most capable of making significant changes because of their broad sources of power and influence. Conversely, lower level managers’ abilities find it more difficult making significant changes in the system because of bureaucratic control processes that limit their actions —powerlessness or a chronic lack of autonomy

  5. The role of Quality Oversight in nuclear and hazardous waste management and environmental restoration at Westinghouse Hanford Company

    International Nuclear Information System (INIS)

    Fouad, H.Y.

    1994-05-01

    The historical factors that led to the waste at Hanford are outlined. Westinghouse Hanford Company mission and organization are described. The role of the Quality Oversight organization in nuclear hazardous waste management and environmental restoration at Westinghouse Hanford Company is delineated. Tank Waste Remediation Systems activities and the role of the Quality Oversight organization are described as they apply to typical projects. Quality Oversight's role as the foundation for implementation of systems engineering and operation research principles is pointed out

  6. A maturity evaluation model for implementing agile management in Iranian building companies with respect to identifications of its challenges

    Directory of Open Access Journals (Sweden)

    Hamidreza Abbasianjahromi

    2017-11-01

    Full Text Available Agile management originally introduced in development of software projects in computer industry but it is applied in different non-software projects because of its success in managing projects. This approach contains some different tools and techniques for working with the dynamic and changeable environment of projects. According to the previous attempts, some investigators believed that the agile management is useful for construction projects and some others do not agree with this statement. The purpose of this paper is, firstly, to identify the challenges of implementing the agile management in the building companies in Iran and the second one is to prepare a model for evaluating the level of the maturity of a company for implementing agile management. The field studies and distributing questionnaires will be applied for the first objective of this paper and for the next purpose, evaluating the maturity level of companies, the authors will use one of the multi-attribute decision making models named TOPSIS. The results show that the level of the maturity of companies should be surveyed separately in each company in three different parts including: engineering, procurement and construction. It means that the level of maturity in these phases is different.

  7. The methodological features of managing the value of companies introducing "green" innovations

    Directory of Open Access Journals (Sweden)

    Kharin Alexander

    2012-03-01

    Full Text Available Although it is a common assumption that innovations are one of the most important factors of economic development, there is a need to review some provisions of innovation methodology so that new fundamental values are taken into account more fully. Most recent business models are based on the depletion of natural environment, whose potential has been almost exhausted. It is necessary to introduce new ideas that are of use for society and create values for companies. One way of achieving this goal is “green” (environmental innovations. The next decade is expected to see a rapid growth in environmental innovations. Their organization and management will require modern — and adequate to the objectives set —technologies. One of those is the quest for value methodology. To date, the quest for value methodology has given rise to several conceptual approaches, which can be used to evaluate the effectiveness of environmental innovations. This article discusses the advantages and disadvantages of major approaches. The author comes to a conclusion that that the modern theory and practice of corporate finance still lacks a generally accepted approach to assessing the value of companies that explicitly takes into account the impact of environmental factors on the cost. The article outlines the basic theoretical frameworks for the formation of such approach.

  8. Safety Management in an Oil Company through Failure Mode Effects and Critical Analysis

    Directory of Open Access Journals (Sweden)

    Benedictus Rahardjo

    2016-06-01

    Full Text Available This study attempts to apply Failure Mode Effects and Criticality Analysis (FMECA to improve the safety of a production system, specifically the production process of an oil company. Since food processing is a worldwide issue and self-management of a food company is more important than relying on government regulations, therefore this study focused on that matter. The initial step of this study is to identify and analyze the criticality of the potential failure modes of the production process. Furthermore, take corrective action to minimize the probability of repeating the same failure mode, followed by a re-analysis of its criticality. The results of corrective actions were compared with those before improvement conditions by testing the significance of the difference using two sample t-test. The final measured result is the Criticality Priority Number (CPN, which refers to the severity category of the failure mode and the probability of occurrence of the same failure mode. The recommended actions proposed by the FMECA significantly reduce the CPN compared with the value before improvement, with increases of 38.46% for the palm olein case study.

  9. THE COMPETITIVE PROFILE OF THE NATIONAL RAILWAY COMPANY FROM THE PERSPECTIVE USE OF KNOWLEDGE MANAGEMENT

    Directory of Open Access Journals (Sweden)

    Dragan George Bogdan

    2013-12-01

    Full Text Available In the context of the current business environment, characterized by an increasing degree of competitiveness which diminishes the possibilities for differentiation, it is necessary to implement a successful strategic knowledge management process and adapt it to the company’s needs. The purpose is that it can help the company to translate its strategic vision and mission into action. Regarding the organizational environment, organizational needs analysis - expressed in terms of the knowledge society - determine "competitiveness" as a necessary condition of survival of the company. Competitiveness has always been an organizational goal. Is born, so the question: why competitiveness became just today, the key to success of business processes? The answer, we believe that it is in dynamic markets (supply, demand - dynamic value by bringing in goods and services, the widespread use of knowledge. The importance of knowledge-based activities has greatly increased in recent years. Also, knowledge began to be regarded as the main source of wealth production, protecting it represents an important element in achieving and maintaining a competitive advantage.

  10. Levels of Management Commitment: A Moderator the Structural Relationships among Critical Success Factors of TQM, World-Class Performance in Operations, and Company Financial Performance

    Directory of Open Access Journals (Sweden)

    Wakhid Slamet Ciptono

    2012-01-01

    Full Text Available This study investigates the moderating impacts of the three levels of management commitment (top, middle, and low levels on the structural relationships among the constructs— six critical success factors of TQM (quality improvement program, supervisory leadership, supplier involvement, management commitment, training to improve products/services, cross-functional relationships; world-class performance in operations (world-class company practices, operational excellence practices, company non-financial performance; and company financial performance. It uses a sample of 1,332 managers in 140 strategic business units (SBUs within 49 oil and gas companies in Indonesia. The empirical results indicate that the goodness-of-fit of the unconstrained model is much better than that of the constrained model, and this is an indicative that the three level of management moderates the structural relationships among the constructs. Those are, three levels of management act as a moderator variable between critical success factors of TQM, world-class company practices, operational excellence practices, company non-financial performance, and company financial performance. Results further reveal that world-class performances in operations (world-class company practices, operational excellence practices, and company non-financial performance were positively mediated the impact of critical success factors of TQM on company financial performance. Results also point out that five of six critical success factors of TQM positively associated with world-class company practices and operational excellence practices under the three levels of management (top, middle, low. World-class company practices and operational excellence practices have direct and significant effects on company non-financial performance (productivity, operational reliability. Furthermore, empirical results suggest that there is a positive and significant relationship between company non

  11. Implementation of the affordable care act: a case study of a service line co-management company.

    Science.gov (United States)

    Lanese, Bethany

    2016-09-19

    Purpose The purpose of this paper is to test and measure the outcome of a community hospital in implementing the Affordable Care Act (ACA) through a co-management arrangement. RQ1: do the benefits of a co-management arrangement outweigh the costs? RQ2: does physician alignment aid in the effective implementation of the ACA directives set for hospitals? Design/methodology/approach A case study of a 350-bed non-profit community hospital co-management company. The quantitative data are eight quarters of quality metrics prior and eight quarters post establishment of the co-management company. The quality metrics are all based on standardized national requirements from the Joint Commission and Centers for Medicare and Medicaid Services guidelines. These measures directly impact the quality initiatives under the ACA that are applicable to all healthcare facilities. Qualitative data include survey results from hospital employees of the perceived effectiveness of the co-management company. A paired samples difference of means t-test was conducted to compare the timeframe before co-management and post co-management. Findings The findings indicate that the benefits of a co-management arrangement do outweigh the costs for both the physicians and the hospital ( RQ1). The physicians benefit through actual dollar payout, but also with improved communication and greater input in running the service line. The hospital benefits from reduced cost - or reduced penalties under the ACA - as well as better communication and greater physician involvement in administration of the service line. RQ2: does physician alignment aid in the effective implementation of the ACA directives set for hospitals? The hospital improved in every quality metric under the co-management company. A paired sample difference of means t-test showed a statistically significant improvement in five of the six quality metrics in the study. Originality/value Previous research indicates the potential effectiveness of

  12. Understanding Organizational Learning via Knowledge Management in Government-Link Companies in Malaysia

    Science.gov (United States)

    Helmi, Asleena; Ahmad, Zainal Ariffin; Hung, Daisy Kee Mui

    The knowledge management or KM discipline conjures a host of understanding and impact upon the global business community albeit commercially or socially. Regardless of the different approach to KM, it has inarguably brought about changes in viewing the knowledge capabilities and capacities of organizations. Peter Drucker (1998) argued that knowledge has become the key economic resource and the only source of competitive advantage. Hence organizational learning is an integral part of KM initiatives and has been widely practiced in many large organizations and across nations such as Europe, North America and Asia Pacific. Thus, this paper explores the KM initiatives of government link companies (GLCs) in Malaysia via synergizing knowledge strategy and capabilities in order to achieve competitive advantage.

  13. THE KNOWLEDGE MANAGEMENT IN INTENSIVE ENVIRONMENTS OF KNOWLEDGE: THE SMALL INCUBATED SOFTWARES COMPANIES

    Directory of Open Access Journals (Sweden)

    Greyce Krambeck

    2009-07-01

    Full Text Available This article discusses the understanding and behavior of entrepreneurs incubated for software companies (development of information systems, provide services in information technology - hardware and software, and advise on the implementation of administrative management systems in relation to knowledge, in the obtaining and facilitating the use of knowledge and availability of media. Initially, it sought a fundamental concept for the study and is based contextualise the issue, making the connection with the knowledge of the views of academic and business. After an analysis was conducted based on applied research to executives on their understanding of the concept of knowledge regarding the way in which it operates (professional and personal, concluding with the importance of knowledge for business growth from the person.

  14. Solvency II approach to the risk management in commercial insurance companies

    Directory of Open Access Journals (Sweden)

    Eva Vávrová

    2010-01-01

    Full Text Available In the year 2001, the European Comission started to revise the legislation Solvency I and to implement a new approach called Solvency II. The regulation called Solvency II is based on regulation considering management of risks of commercial insurance companies. Changes on financial markets and the contemporary financial crisis made financial authorities to formulate principles of regulation based on risk management. Commercial insurance companies across Europe will face a considerable amount of work to be ready for requirements related with Solvency II implementation in the year 2012. Rating agencies, regulators and investors today are demanding that insurers provide detailed assessments of their risk tolerance and quantify the adequacy of their economic capital. To complete such assessments requires a credible baseline for underwriting volatility. Modern portfolio theory for assets teaches that increasing the number of stocks in a portfolio will diversify and reduce the portfolio risk, but will not eliminate risk completely, the systemic market risk remains. In the same way, insurers can reduce underwriting volatility by increasing account volume, but they cannot reduce their volatility to zero. A certain level of systemic insurance risk will always remain, due to factors such as for example the underwriting cycle, macroeconomic factors, legal changes and weather.This presented scientific paper focuses on an analysis of specific goals of the regulation Solvency II and the structure of second pillar of the three-pillar construction (similarity with Basel II banking regulation of Solvency II. The paper was written as part of research project MSM 6215648904, carried out by the Faculty of Business and Economics, under the title “The Czech Republic in the pro­ces­ses of integration and globalization, and the development of the agriculture and service sector in the new conditions of the integrated European market”, following the goals and

  15. User Management with LDAP(Light weight Directory Access Protocolfor access to technology and Information Services in Companies

    Directory of Open Access Journals (Sweden)

    José Teodoro Mejía Viteri

    2016-08-01

    Full Text Available This research aims to conduct an analysis of management services information and users with LDAP (Lightweight / Simplified Directory Access Protocol, their interaction with other technology services company, allowing it to be accessed through a single user and password. This study allowed us to collect information through a literature review on the LDAP service and its ability to interact with your user directory Open source technology services; also with Windows Server and Active Directory service is used by companies for their ease of management and access resources on Windows clients; is intended to provide an alternative for the implementation of each of the services required by public and private companies with tools free use and access to services for management and administration can be done by integrating or synchronizing with the directory LDAP.

  16. Effects of a mental health training program for manufacturing company managers.

    Science.gov (United States)

    Ikegami, Kazunori; Tahara, Hiroyuki; Yamada, Tatsuji; Mafune, Kosuke; Hiro, Hisanori; Nagata, Shoji

    2010-06-01

    We practiced interventional approaches for the promotion of occupational mental health in a manufacturing company with approximately 2,000 workers, between 2005 and 2007. We investigated the long-term effects of our mental health training program--including Active Listening (AL) training for managers--on perceived job stressors, stress reactions and social supports of workers, and mental sick leave. We conducted the mental health training program with AL training for all managers in order to improve their communication skills and support for workers. The investigation was conducted using the Brief Job Stress Questionnaire (BJSQ). In addition, we surveyed the number of workers taking sick leave due to mental problems from 2003 to 2007. Among the categories of "job stressors" in the BJSQ, the scores for "quantitative workload," "qualitative workload" and "physical demands" improved significantly after our interventional approaches. The number of workers taking sick leave had been increasing gradually from 2003 to 2005, but this decreased by approximately half in 2006 and 2007. Our mental health training programs for managers were successful in decreasing some job stressors, stress reactions, and workers' sick leave due to mental problems.

  17. Development of a social auditing management system to measure responsibility in a supply chain : Case Company: Pramia

    OpenAIRE

    Tran, Lien

    2012-01-01

    The purpose of this study was to develop an auditing system for a case company, Pramia, which would measure and manage responsibility throughout their supply chain. This was done by researching theoretical methodology in social auditing and key concepts related to the study and also a practical method used to gain insight on developing the management system. This thesis addresses the issues and needs of Pramia, provides a layout of actions for the revised management system, as well as a plan ...

  18. THE SIGNIFICANCE OF ORGANISATIONAL CITIZENSHIP BEHAVIOURS FOR TALENT MANAGEMENT – THE EXAMPLE OF POLISH COMPANIES

    Directory of Open Access Journals (Sweden)

    Monika Chodorek

    2016-03-01

    Full Text Available Nowadays it has been already recognized that the primary source of organisational development is knowledge and organisation’s ability to learn. Those two sources refer to employees who generate knowledge and determine the extent and manner how to use it. Taking this into account we can say that today each organisation strives for having the best possible, that means talented, employees. In contemporary economy organisations undertake some advanced activities in order to: attract, identify, recruit, keep and exploit talented employees in an optimal way. Such advanced activities are the components of the process called talent management. Talent management has become one of the most important trends and concepts in the field of contemporary enterprise management. It results from the fact that this concept offers companies the opportunity to create business models driven not by cost effectiveness but by new ideas and developing their intellectual potential. The idea of talent management has become very popular due to permanent enterprises’ struggle for the best employees. The issues underlying the necessity to focus on discovering and using the potential of talented employees is the central point of Positive Organisational Scholarship concept. However, both research and practical experience prove that talent management is extremely difficult process and many enterprises are getting into trouble while trying to implement this concept. This situation results from the fact that talent management depends not only on material assets of a firm but also on several intangible areas such as: organisational culture, relationships between employees, the level of organisational trust that are difficult to shape and monitor. Over the past decades, researchers have observed that some specific features of employees attitudes such as: altruism, conscientiousness, kindness or carrying about organisation can be helpful in talent management implementation. These

  19. The human resource management contribute six sigma program: multiple-case study in companies situated in Rio Grande do Sul

    Directory of Open Access Journals (Sweden)

    Jaqueline T. M. Corrêa Rodrigues

    2011-09-01

    Full Text Available The world is going through rapid changes and the companies seek alternatives to improve its products and processes and maintain their competitiveness. One alternative is the implementation of programs of quality management that combine human’s and technical’s factors. Six Sigma has gained evidence on the last years because aggregate tools and methodology. However, all quality program factors need management. The main goal of this paper is classify what assignments of Human Resource Management can contribute to reduction of the difficulties that can be encountered on implementation and maintenance of Six Sigma program in companies that was situated in the Rio Grande do Sul. For carry this work was necessary contact companies of the Rio Grande do Sul that use this program and was applied one questionnaire to classify the contribution of the Human Resource Management for the success of Six Sigma. The statistical tools, contents analyze, tables of relationship and qualitative analysis were applied for analysis. It’s evidence in this research the existence of potentials difficulties of Six Sigma listed in the literature and the influence that some assignments of Human Resource Management can be for solve this difficulties. The result of the research indicate that the participative and compromised leadership and the clear and objective communication of program are the assignments of Human Resource Management among the studied that more contribute for reduction of the difficulties of Six Sigma in the companies of this research.

  20. DESIGN FOCUSED ORIENTATION PROCESSES FOR MANAGING INVESTMENT COMPANIES IN THE FOREIGN EXCHANGE MARKET

    Directory of Open Access Journals (Sweden)

    Анатолий Аркадьевич АНАТОЛЬЕВ

    2015-05-01

    Full Text Available This report examines the investment companies operating in the market Forex. Business process analysis showed the design direction of their activities. Dedicated two groups of projects of investment companies can position them as project-oriented organization.

  1. The advantages of a standardized linguistic reference set in managing the company's knowledge and know-how

    International Nuclear Information System (INIS)

    Penot, N.; Abemonti, F.; Cayzergues, P.; Pinoche, M.; Talou, C.; Levesque, L.

    1997-01-01

    The company's knowledge and know-how take the concrete form of documents (texts, photographs, video tapes). For purposes of transmission, they must not only be stored, in electronic form today, but also retrieved easily and quickly. To further that end, Gaz de France (GDF) has compiled a bilingual (French, English) thesaurus on the gas industry. The English version was prepared in conjunction with NGTC, Canada's Natural Gas Technologies Center. This thesaurus, comprising descriptors organized according to relationships of genericness, specificity, association and documentary synonymity, is an integral part of the engineers' working enviroment at the NGTC, and GDF. The electronic version facilitates its use by company employees. Constantly available, it is helpful in describing and finding information readily. As a result of studies conducted in this regard: design and maintenance rules have been developed for the thesaurus; the thesaurus has been disseminated to all the engineers in the Company; the thesaurus has been incorporated in the Company's Electronic Document Management system. (au)

  2. Safety Management in Non-Nuclear Contexts. Examples from Swedish Railway Regulatory and Company Perspectives

    International Nuclear Information System (INIS)

    Salo, Ilkka; Svensson, Ola

    2005-06-01

    studied organizations respectively. These three chapters give a detailed account of safety management from a system perspective and applications in the organizations studied, and could be read independently of each other. In the fourth chapter the report concludes with summarizing safety management in SRA and SJ by mapping the results on important concepts from the system theoretical framework, and general themes for safety management applicable across contexts are suggested. The qualitative descriptions of the organizations generated a detailed account on how safety is managed in Swedish railway operations. Examples of safety management in practice are given both from the regulatory point of view and from an organizational position close to the actual operations. The Swedish railway operations are strictly regulated and the safety goals are identifiable along the legislative documentation from the government's goals for safe operations expressed in the railway legislation, through SRA's regulations, to SJ's internal regulations. There is a high degree of coherence between SJ's and SRA's formulations of safety management and safe operations in general. Both organizations have their origin in the former national railway company, which may is partly reflected in the high degree of correspondence between the approaches towards safety. Both organizations make use of a system approach to their operations, which are clearly reflected in the highly structured organizations, with core objectives, operational responsibilities, procedures, and information feedback prerequisites sufficiently mapped on the organizational units. The report gives both detailed accounts and summaries of a number of central themes for safety management derived from the system theoretical framework, and also themes relevant for safety management in general. For example: the organizations definitions of safety management, descriptions of the organizational structures, recent processes of organizational

  3. A somewhat unorthodox explanation for the rise and fall of physician practice management companies: the application of Gaia theory.

    Science.gov (United States)

    Fahey, Daniel F

    2006-01-01

    The purpose of this article is to present an alternative theory to why publicly-traded physician practice management companies in the US were popular and successful for a limited number of years and then essentially self-destructed. The short history of publicly-traded practice management companies suggests that they had limited value and utility in the US healthcare industry. It is the premise of the paper that the sudden appearance these for-profit companies upset the natural order within the healthcare industry and created a disequilibria which ultimately resulted in their demise. While Gaia theory is most commonly applied to the natural sciences, it has been applied to a number of interdisciplinary issues. Physicians gravitated to these for-profit companies either out of fear of encroaching managed care or out a desire to sell their practice to the highest bidder. Physician practice management companies, on the other hand, saw a way to entice stockholders to invest in a growth industry. The paper suggests that the physician practice management companies added little new value to the health care industry and applies Gaia theory as a possible explanation for this phenomena. Gaia theory was first postulated in 1979 to address the evolution of the material environment and corresponding organisms as a tightly coupled system which attempt to manipulate the environment for the purpose of creating biologically favorable conditions. The paper is one of the first to suggest that the laws of nature, as understood from the perspective of Gaia theory, may have applicability to the US health care industry.

  4. The implementation of risk management in adventurous activities in Greece: The «Trekking Hellas» company

    Directory of Open Access Journals (Sweden)

    ANNA DIMITRIADI

    2006-01-01

    Full Text Available Adventurous activities can be both beneficial and perilous for health, because the circumstances differ and because of external and not always controllable factors, which may influence the outcomes. Therefore, any company, which organises adventurous activities, needs to present effective risk management and valuable safety measures in order to respond to its participants’ safety and satisfaction. This study, which was performed in the Greek company «Trekking Hellas», aimed at asserting the importance of risk management for adventure tourism. The data that were collected through personal, semi – structured interviews with the company’s managers and participants have shown that the particular company has made notable attempts to establish an organised and well-controlled risk management. This has been accomplished through implementing a methodical risk assessment and operating all necessary safety measures. The research, also, discussed the influence that the above might have had on the clients’ motivation for participation. Finally, the data have pointed out the significance that risk management has for the success of every activity and in extent, for the success and promotion of the company.

  5. The Scatter Search Based Algorithm to Revenue Management Problem in Broadcasting Companies

    Science.gov (United States)

    Pishdad, Arezoo; Sharifyazdi, Mehdi; Karimpour, Reza

    2009-09-01

    The problem under question in this paper which is faced by broadcasting companies is how to benefit from a limited advertising space. This problem is due to the stochastic behavior of customers (advertiser) in different fare classes. To address this issue we propose a mathematical constrained nonlinear multi period model which incorporates cancellation and overbooking. The objective function is to maximize the total expected revenue and our numerical method performs it by determining the sales limits for each class of customer to present the revenue management control policy. Scheduling the advertising spots in breaks is another area of concern and we consider it as a constraint in our model. In this paper an algorithm based on Scatter search is developed to acquire a good feasible solution. This method uses simulation over customer arrival and in a continuous finite time horizon [0, T]. Several sensitivity analyses are conducted in computational result for depicting the effectiveness of proposed method. It also provides insight into better results of considering revenue management (control policy) compared to "no sales limit" policy in which sooner demand will served first.

  6. Safety Management in Non-Nuclear Contexts. Examples from Swedish Railway Regulatory and Company Perspectives

    Energy Technology Data Exchange (ETDEWEB)

    Salo, Ilkka; Svensson, Ola (Risk Analysis, Social and Decision Research Unit, Dept. of Psychology, Stockholm Univ., Stockholm (Sweden))

    2005-06-15

    studied organizations respectively. These three chapters give a detailed account of safety management from a system perspective and applications in the organizations studied, and could be read independently of each other. In the fourth chapter the report concludes with summarizing safety management in SRA and SJ by mapping the results on important concepts from the system theoretical framework, and general themes for safety management applicable across contexts are suggested. The qualitative descriptions of the organizations generated a detailed account on how safety is managed in Swedish railway operations. Examples of safety management in practice are given both from the regulatory point of view and from an organizational position close to the actual operations. The Swedish railway operations are strictly regulated and the safety goals are identifiable along the legislative documentation from the government's goals for safe operations expressed in the railway legislation, through SRA's regulations, to SJ's internal regulations. There is a high degree of coherence between SJ's and SRA's formulations of safety management and safe operations in general. Both organizations have their origin in the former national railway company, which may is partly reflected in the high degree of correspondence between the approaches towards safety. Both organizations make use of a system approach to their operations, which are clearly reflected in the highly structured organizations, with core objectives, operational responsibilities, procedures, and information feedback prerequisites sufficiently mapped on the organizational units. The report gives both detailed accounts and summaries of a number of central themes for safety management derived from the system theoretical framework, and also themes relevant for safety management in general. For example: the organizations definitions of safety management, descriptions of the organizational structures, recent

  7. Trust and management-to-employee communication in Slovenian companies: Some evidence from the current economic crisis

    Directory of Open Access Journals (Sweden)

    Maja Makovec Brenčič

    2011-01-01

    Full Text Available This paper analyzes the importance of trust and management-to-employee communication among top Slovenian employers from the Golden Thread Survey. The paper analyzes the changes and impact of the deteriorating external economic situation on (a company-employee relational trust, and on the (b perceived importance of “trust and long-term relationships with the company in the eyes of the customer” by respondent managers. Furthermore, our analysis also looks at the impact of management-to-employee communication on both trust perspectives. The results show a stable level of company-employee relational trust in the face of the current economic crisis, despite a high level of perceived organizational process changes and a sharp decline in financial performance. On the other hand, the perceived importance of “trust and long-term relationships with the company in the eyes of the customer” has increased substantially as the crisis has deepened, supporting our claim that relationships and the external relationship orientation gain importance in the time of crisis. There is also a strong link between the degree of open and frequent management-to-employee communication, and both perspectives of measured trust among top Slovenian employers.

  8. Are similar ones different? Determinant characteristics of management tool usage within companies sharing the same institutional environment

    Directory of Open Access Journals (Sweden)

    Franciele do Prado Daciê

    Full Text Available Abstract Technical literature describes local productive arrangements (LPAs as an institution. It also states that existing interaction links within their members foster them to act quite similarly. However, entrepreneurs and their characteristic attributes tend to distinguish their decisions. Therefore, according to such, this research examined if entrepreneur psychological characteristics would be able to influence management practices and the performance of companies sharing the same institutional environment. This study follows such objectives via an epistemologically positivist approach – quantitative view – and data gathering through forms used in 121 firms from clothing industry LPA in Parana Northwest. The research model has been tested through structural equation modelling techniques. Amongst findings, it may be observed management control practices have a 46.42% positive effect on company performance. Characteristics of entrepreneurial orientation have been able to positively influence the usage of management controls in 38.38%, and company performance in 14.90%. However, no statistical inferences regarding the individual's metacognitive ability of predicting the variables of entrepreneurial orientation, management controls and company performance have been carried out.

  9. Food safety management systems performance in African food processing companies: a review of deficiencies and possible improvement strategies

    NARCIS (Netherlands)

    Kussaga, J.B.; Jacxsens, L.; Tiisekwa, B.P.M.; Luning, P.A.

    2014-01-01

    This study seeks to provide insight into current deficiencies in food safety management systems (FSMS) in African food-processing companies and to identify possible strategies for improvement so as to contribute to African countries’ efforts to provide safe food to both local and international

  10. At the End of the Rainbow, a Balanced Diet. What Food Management Companies Can Do for You - 1

    Science.gov (United States)

    Crimmins, Mary Beth

    1974-01-01

    Describes how one food service management company, by dramatizing the ingredients of a Type A lunch, has increased the demand for such lunches, raised its gross income, saved students money, and raised the level of their nutritional intake. (Author/MLF)

  11. Using executive information systems as a business management tool in listed Johannesburg Stock Exchange (JSE companies: An exploratory study

    Directory of Open Access Journals (Sweden)

    Elmarie Papageorgiou

    2010-12-01

    Full Text Available Purpose: The aim of the study is to investigate the extent and use of Executive Information Systems (EISs as a business management tool in listed Johannesburg Stock Exchange (JSE companies. Problem: This study is important in order to establish the existence of EISs in these companies and whether it is being used as a business management tool to analyse and measure companies' performances. Research Methodolog:The research methods were both quantitative and qualitative in nature and are based on the literature study, questionnaire and interviews. Findings and conclusion: The findings of the study provide evidence that companies with an EIS or planning to implement an EIS view it as an excellent business management tool. This tool has built-in features, is critical for real-time decision-making, solves problems and creates a competitive edge. Value of the research: The value of the study adds to the current understanding and awareness of EISs. EISs create an environment in which business and management can enhance sustainability and strategic competitiveness.

  12. Print Still Matters in an E-Learning World, and Training Companies Need to Properly Manage It

    Science.gov (United States)

    Kriesen, Gretchen L.

    2011-01-01

    This report demonstrates how the application of Behavioral Systems Analysis (BSA) methods assisted in assessing a small training company's Print Production Management (PPM) system. PPM is the process by which printed materials are conceptualized, estimated, released to a commercial printer, proofed, and delivered to the client. The current PPM…

  13. Food safety management systems performance in African food processing companies: a review of deficiencies and possible improvement strategies.

    Science.gov (United States)

    Kussaga, Jamal B; Jacxsens, Liesbeth; Tiisekwa, Bendantunguka Pm; Luning, Pieternel A

    2014-08-01

    This study seeks to provide insight into current deficiencies in food safety management systems (FSMS) in African food-processing companies and to identify possible strategies for improvement so as to contribute to African countries' efforts to provide safe food to both local and international markets. This study found that most African food products had high microbiological and chemical contamination levels exceeding the set (legal) limits. Relative to industrialized countries, the study identified various deficiencies at government, sector/branch, retail and company levels which affect performance of FSMS in Africa. For instance, very few companies (except exporting and large companies) have implemented HACCP and ISO 22000:2005. Various measures were proposed to be taken at government (e.g. construction of risk-based legislative frameworks, strengthening of food safety authorities, recommend use of ISO 22000:2005, and consumers' food safety training), branch/sector (e.g. sector-specific guidelines and third-party certification), retail (develop stringent certification standards and impose product specifications) and company levels (improving hygiene, strict raw material control, production process efficacy, and enhancing monitoring systems, assurance activities and supportive administrative structures). By working on those four levels, FSMS of African food-processing companies could be better designed and tailored towards their production processes and specific needs to ensure food safety. © 2014 Society of Chemical Industry.

  14. Enemona's Company experience in management of complex construction and modernization projects in sectors of industry and energetics

    International Nuclear Information System (INIS)

    Kalionski, V.

    2005-01-01

    The purpose of this paper is to present the Enemona's Company experience, gained during the management of complex projects related to Kozloduy NPP Modernization Program, enriched during the long-term collaboration with the international companies which are the executors of modernization projects. For the successful implementation of tasks on Framatom, Westinghouse, Atomenergo export projects, an exchange of process transfer, managerial practices were established between the Employers companies and Enemona Company, which along with the use of material resources, organization and personnel gave Enemona opportunity to implement and optimize goals that were set to the company. Some principles, approaches and methods of works have been established, based on strict scientific methods and practices that support Enemona to be competitive in order to assume fulfillment of similar projects not only at Kozloduy NPP site, but also at new projects and sites including the challenge for the erection of Belene NPP. In order to meet requirements of foreign companies, Enemona is able to apply new technologies and achievements in assurance of high quality of repair and installation activities on construction of new objects or their modernization

  15. Company analysis

    DEFF Research Database (Denmark)

    Jenster, Per V.; Hussey, David

    This volume looks at the company appraisal as a whole, examining the continuing need to appraise companies as part of the continuing strategy process. Building from a sound basis of theory, the text aims to be practical and to give guidance to senior managers and others involved in the strategy...... process. It is thus a book primarily aimed at managers, but should also be useful for MBA students undertaking strategy assignments It provides helpful, practical guidance and identifies weaknesses of traditional methods. It also presents a variety of tools which may be used in the appraisal process...

  16. The management style of Japanese automotive components companies in North America

    OpenAIRE

    山崎, 克雄; Katsuo, Yamazaki; 静岡産業大学経営研究所; SSU Faculty of Management

    2002-01-01

    Automobile quality improvement at U.S. auto-manufacturers during the last ten years has been commonly attributed to Japanese automotive component companies in North America. Then, the question that needs to be asked is: How have the Japanese subsidiaries of these automotive components companies succeeded in manufacturing products with such a reputation for high quality? According to a survey by the Japan Auto Parts Industries Association (JAPIA), Japanese automotive component companies have 2...

  17. Fatigue risk management: Organizational factors at the regulatory and industry/company level.

    Science.gov (United States)

    Gander, Philippa; Hartley, Laurence; Powell, David; Cabon, Philippe; Hitchcock, Edward; Mills, Ann; Popkin, Stephen

    2011-03-01

    This paper focuses on the development of fatigue risk management systems (FRMS) in the transport sector. The evolution of regulatory frameworks is traced, from uni-dimensional hours of service regulations through to frameworks that enable multi-dimensional FRMS. These regulatory changes reflect advances in understanding of human error in the aetiology of accidents, and in fatigue and safety science. Implementation of FRMS shifts the locus of responsibility for safety away from the regulator towards companies and individuals, and requires changes in traditional roles. Organizational, ethnic, and national culture need to be considered. Recent trends in the work environment have potential to adversely affect FRMS, including precarious employment and shortages of skilled labour. Essential components of an FRMS, and examples of FRMS in different transport modes, are described. It is vital that regulators, employer, and employees have an understanding of the causes and consequences of fatigue that is sufficient for them to meet their responsibilities in relation to FRMS. While there is a strong evidence base supporting the principles of FRMS, experience with implementation is more limited. The evidence base for effective implementation will expand, since FRMS is data-driven, and ongoing evaluation is integral. We strongly advocate that experience be shared wherever possible. Copyright © 2009 Elsevier Ltd. All rights reserved.

  18. Management of health and safety in micro companies in Cyprus: Results on ergonomic issues.

    Science.gov (United States)

    Boustras, Georgios; Hadjimanolis, Athanasios

    2015-01-01

    Ergonomics in Cyprus is a rather neglected area of safety. The size of the country, the lack of scientific expertise, the nature of the economy and the nature of the majority of the enterprises make it a case, different from the average. The aims of the survey were to examine the views and perceptions of employees and owners/managers on safety issues of micro-firms in Cyprus, to collect information on accidents and other aspects of safety performance in micro-firms and to cross-check the above data with data collected from safety inspectors for the above firms. The authors with the collaboration of the Department of Labour Inspection of the Republic of Cyprus collected information from a relatively large number of micro companies in a National survey. Information from employees, employers and labour inspectors was drawn. Particular emphasis is paid on the exploration of the relationship of the non-use of personal protection equipment with a number of factors. Results show the resistance of employees to the use of PPE (Personal Protective Equipment) and GPM (General Protective Measures). The results of the survey are in line with the relevant literature. Micro firms illustrate several interesting findings that are discussed in detail in the paper.

  19. Innovation and construction management in Brazil: Challenges of companies in times of quality and productivity

    Science.gov (United States)

    Barbosa, A. A. R.; Vilnītis, M.

    2017-10-01

    Considering the efforts to optimize productivity and quality in the construction through the potential existing in the respective companies, this study presents an approach for identification, management and priorities of improvements actions at construction sites focusing status on productivity, added value and innovation in the socioeconomic context and scenario of construction industry in Brazil. Technological advances in recent years have made the Brazilian construction industry gradually incorporate technologies and forms of management, despite its traditionally conservative character. In current days, the innovations are pursued with the quest for greater quality, productivity, safety and customer satisfaction, which have been increasingly competitive and global. Construction in Brazil occupies an important role in the economy, directly contributing to GDP and acting on an extensive productive chain of suppliers, commercialization services and maintenance. The Brazilian construction sector has undergone major changes in recent years, facilitated by factors such as the resumption of public investments, the creation of laws that facilitate real estate, investments and funding of external resources, and the efforts of the Brazilian Quality and Productivity Program - PBQP H. However, the sector faces problems of a lack of skilled labour to meet the growth needs of the sector. There are still problems and challenges of quality and productivity that prevent full sector development. The aspects of nonconformity, low quality, high tax burden, outsourcing and informality of the workforce have not been adequately addressed and resolved. Through the use of indicators of productivity and growth, the challenges of the Brazilian construction industry are discussed and the possible paths for the sector that allow its full development and to reduce the distance between the Brazilian construction industry and that of the developed countries.

  20. Black middle managers' experience of affirmative action in a media company

    Directory of Open Access Journals (Sweden)

    Barnard B Motileng

    2006-10-01

    Full Text Available Affirmative action remains one of the most highly sensitive, emotive and hotly debated subjects in South Africa. It is nevertheless an important legislated strategy that needs to be thoroughly researched and constructively debated to bring change to the lives of previously disadvantaged individuals. The present study describes how five black middle managers experience affirmative action at a media company. Emphasis was placed on how these managers define affirmative action, whether they feel that others question their abilities because of this policy, and the extent to which affirmative action affects their job satisfaction and commitment to the organisation. Results of the study revealed that participants experienced affirmative action positively as a mechanism that provides employment opportunities, but encounter many challenges and obstacles. These problems can be addressed by sustained commitment from organisations to make the function of the affirmative action policy explicit and to create a shared culture in the workplace. Opsomming Regstellende aksie is tans ’n sensitiewe saak wat vurige debat en emosies in Suid Afrika uitlok. Dit is egter ’n belangrike wetlike strategie wat deeglik nagevors en konstruktief gedebatteer moet word om verandering in die lewens van vorige benadeeldes te bring. Die huidige studie beskryf hoe vyf middelvlak bestuurders regstellende aksie by ’n mediamaatskappy beleef het. Klem word geplaas op hoe hierdie bestuurders regstellende aksie definieer, of hulle voel dat ander hul vaardighede betwyfel as gevolg van hierdie beleid, en die mate waartoe regstellende aksie hul werksbevrediging en verbintenis tot die organisasie beïnvloed. Resultate wys dat die deelnemers regstellende aksie positief beleef het as ’n meganisme wat werksgeleenthede skep maar data heelwat uitdagings en struikelblokke beleef word. Hierdie probleme kan aangespreek word deur volgehoue verbintenis van organisasies om die regstellende aksie

  1. A Study on the Relationship between Proprietorship Concentration and Profit Management in the Companies Listed in Tehran Stock Exchange

    Directory of Open Access Journals (Sweden)

    Soghra Ranjbarian

    2017-04-01

    Full Text Available The presence of institutional investors may change the behaviors of companies. The impact of institutional investors on management decisions on financial affairs have been proven in other studies; yet, the present study aims to investigate the relationship between lack of information symmetry an concentration of proprietorship with profit management in the companies listed in Tehran Stock Exchange. The period under study included years 2004 to 2009. Rahavard Novin Computer application was utilized to collect the data; then they were calculated using Microsoft Excel.  SPSS computer application was used to test research hypothesis and conduct other statistical analysis using statistical methods like descriptive statistics, correlation (correlation coefficient, coefficient of determination, regression analysis and testing its coefficients, correlation analysis and test of coefficients and significance of the difference between two correlation coefficients. A total of 109 active companies in the stock exchange were selected as the sample of the study. Results on the first hypothesis revealed that the relationship between concentration of proprietorship and lack of information symmetry. In case of the second hypothesis, it is predicted that there is a significant relationship between profit management with lack of information symmetry and concentration of proprietorship. According to research results, investors and analysts ought to pay attention to factors like proprietorship composition, the level of information symmetry along with the figures published by the companies when making short and long-term decisions.

  2. A Study on the Relationship between Proprietorship Concentration and Profit Management in the Companies Listed in Tehran Stock Exchange

    Directory of Open Access Journals (Sweden)

    Soghra Ranjbarian

    2017-02-01

    Full Text Available The presence of institutional investors may change the behaviors of companies. The impact of institutional investors on management decisions on financial affairs have been proven in other studies; yet, the present study aims to investigate the relationship between lack of information symmetry an concentration of proprietorship with profit management in the companies listed in Tehran Stock Exchange. The period under study included years 2004 to 2009. Rahavard Novin Computer application was utilized to collect the data; then they were calculated using Microsoft Excel.  SPSS computer application was used to test research hypothesis and conduct other statistical analysis using statistical methods like descriptive statistics, correlation (correlation coefficient, coefficient of determination, regression analysis and testing its coefficients, correlation analysis and test of coefficients and significance of the difference between two correlation coefficients. A total of 109 active companies in the stock exchange were selected as the sample of the study. Results on the first hypothesis revealed that the relationship between concentration of proprietorship and lack of information symmetry. In case of the second hypothesis, it is predicted that there is a significant relationship between profit management with lack of information symmetry and concentration of proprietorship. According to research results, investors and analysts ought to pay attention to factors like proprietorship composition, the level of information symmetry along with the figures published by the companies when making short and long-term decisions.

  3. Use of Visuals for Food Safety Education of Spanish-Speaking Foodservice Workers: A Case Study in Iowa

    Science.gov (United States)

    Rajagopal, Lakshman

    2012-01-01

    Providing food safety training to an audience whose native language is not English is always a challenge. In the study reported here, minimal-text visuals in Spanish were used to train Hispanic foodservice workers about proper handwashing technique and glove use based on the 2005 Food Code requirements. Overall, results indicated that visuals…

  4. Enterprise Risk Management in the Oil and Gas Industry: An Analysis of Selected Fortune 500 Oil and Gas Companies' Reaction in 2009 and 2010

    Science.gov (United States)

    Rogers, Violet C.; Ethridge, Jack R.

    2016-01-01

    In 2009, four of the top ten Fortune 500 companies were classified within the oil and gas industry. Organizations of this size typically have an advanced Enterprise Risk Management system in place to mitigate risk and to achieve their corporations' objectives. The companies and the article utilize the Enterprise Risk Management Integrated…

  5. Knowledge management as a support mechanism for improving software programmes in micro, small and medium-sized companies

    Directory of Open Access Journals (Sweden)

    Joanna Capote

    2008-01-01

    Full Text Available Organisations have been forced to change their philosophy due to the vast amount of information made available when running software process improvement (SPI programmes and working in a way leading to maintaining and converting this information into knowledge in order to adapt and integrate changes quickly and thereby ensuring re-maining in the competitive market. This article presents some of the most significant antecedents in defining and im-plementing knowledge management (KM in SPI programmes which have been adapted for use in small software companies, as such management represents a philosophy of true organisational capital for companies involved in software improvement projects. The advisability of implementing KM in SPI programmes or projects arising from pri-mary knowledge management targets is analysed, as is its adaptation for such projects according to identified needs, especially related to documenting and manipulating tangible and intangible products produced in an SPI pro-gramme.

  6. Is Inclusive Business for you? Managing and upsclaing an inclusive company : Lessons from the field

    NARCIS (Netherlands)

    Blomne Sopov, M.; Saavedra Gonzalez, Y.R.; Sertse, Y.; Vellema, W.; Verjans, H.

    2014-01-01

    Can agri-food companies do it all? Develop new markets, secure supply, protect reputations, ensure profits and reduce poverty, create jobs and guarantee food supplies? Company strategies now commonly refer to ‘creating shared value’ and ‘inclusive business’. But with growing pressure on resources, a

  7. Kaizen-Driven Approach While Managing Industrial Projects. A Scandinavian Company Succeeds in Eastern Europe

    Directory of Open Access Journals (Sweden)

    Popescu Daniel

    2015-02-01

    Full Text Available Eastern European companies have experienced various and radical transformations, as resultof the economic crises and turbulences, which exposed structural weaknesses. In the meantime, long-term challenges - such as globalization, shift of power centers from the nationallevel to international structures or scarcity of resources - intensify. Given this context, it ismandatory for companies to develop strategies aiming at being competitive.

  8. Environmental management in a printing company; transformation patterns in the Dutch industry

    NARCIS (Netherlands)

    de Bruijn, Theo; Green, Ken; Hofman, Peter; Groenewegen, Peter

    2001-01-01

    The concept of sustainability presents an enormous challenge for industry. Where in the past a sound economic performance ensured survival, in the near future the triple-bottom-line will determine whether a company is successful or not. Next to outstanding economic results, companies will have to

  9. Ethical Management in Companies in the Czech Republic and Ukraine - Comparison of the Presence of a Code of Ethics

    Directory of Open Access Journals (Sweden)

    Caha Zdeněk

    2017-01-01

    Full Text Available The aim of the study is to compare the commonness of a code of ethics as the most important ethical management tool in the business sector in two post-communist countries, namely the Czech Republic and Ukraine. The hypothesis that a code of ethics is much more widespread in the economically more developed country, which is the Czech Republic, and also the assumption that the occurrence of a code of ethics is in relation to the company size, were examined on the base of a questionnaire survey. The results definitely confirmed that a code of ethics is much more widespread in the Czech Republic than in Ukraine. The survey results have also confirmed that the commonness of a code of ethics grows with the company size. This was not confirmed in micro and small companies in Ukraine.

  10. Can Knowledge Management Become Global? - Consulting Engineering Companies in the Knowledge Economy

    DEFF Research Database (Denmark)

    Koch, Christian

    2004-01-01

    The paper presents different strategies for consulting engineering companies in the emergent global economy. It is a common assumption that players can obtain market gain through cross border mergers, acquisitions, or strategic alliances in synchronisation with internal organisation. Many big...

  11. Management of Formalised Marketing and Media Activities in Outsourcing Companies in the Age of Competitiveness, with Particular Emphasis on Contemporary Marketing Approach

    Directory of Open Access Journals (Sweden)

    Kozakowski Łukasz

    2015-10-01

    Full Text Available The article outlines the issues related to the topic of management of formalised marketing and media activities in outsourcing companies in the age of competitiveness, with particular emphasis on contemporary marketing approach. General management of the organisation and management of marketing and media activities, particularly in their formalised form, both have a significant effect on improving company competitiveness in the market. Outsourcing companies constitute a specific sector of services which without a very well-functioning marketing and media activities would not be able to operate and develop in the market. The article presents selected aspects connected with the management of marketing and media activities, with particular emphasis on formalisation of marketing activities in outsourcing companies. The analysis presented below focuses on the efficiency of the implemented formalisation of marketing and media activities in outsourcing companies in relation to their competitiveness, with special recognition of contemporary marketing approach.

  12. Solid construction waste management in large civil construction companies through use of specific software - case study

    OpenAIRE

    Caio Dalla Zanna; Fernando Fernandes; José Carlos Gasparine

    2017-01-01

    In the current construction market there is a high demand for sustainability. In addition to that the Brazilian government is enacting tougher and tougher legislation on the disposal of solid construction waste. These demands increasingly make the construction company responsible for the entire lifecycle of its waste as well as the accompanying cost and environmental impact of solid waste. A software program was used in the research which allows construction companies gather information about...

  13. A prior authorization program of a radiology benefits management company and how it has affected utilization of advanced diagnostic imaging.

    Science.gov (United States)

    Levin, David C; Bree, Robert L; Rao, Vijay M; Johnson, Jean

    2010-01-01

    Radiology benefits management companies have evolved in recent years to meet the need to control the rapid growth in advanced diagnostic imaging. The Obama administration and other key policymakers have proposed using them as a cost-control mechanism, but little is known about how they operate or what results they have produced. The main tool they use is prior authorization. The authors describe the inner workings of the call center of one radiology benefits management company and how its prior authorization program seems to have slowed the growth in the utilization of MRI, CT, and PET in the large markets of one commercial payer. Copyright 2010 American College of Radiology. Published by Elsevier Inc. All rights reserved.

  14. GCP 1.0: A Tool for Cost Management in Micro and Small Textile Manufacturing Companies in Bucaramanga

    Directory of Open Access Journals (Sweden)

    Ofelia Gómez Niño

    2015-11-01

    Full Text Available This article presents the results of a diagnostic study in which 52 textile manufacturing companies were observed in Bucaramanga to characterize the needs of these productive units. Based on the results, three strategic options were formulated to improve performance: a To consolidate the productive system by tools that facilitate production processes, b to strengthen cost structure by designing systems and tools; and c to share technological initiatives, knowledge and experience to improve resource management. From this perspective, the second phase of the research was oriented to develop the software GCP 1.0 for micro and small companies of children’s confection in Bucaramanga, a production cost information system that would facilitate cost management and the fixation of sale prices.

  15. RELATIONSHIP MARKETING RESEARCH TAILORED TO SUPPORT SALES MANAGEMENT. CASE STUDY: AN INTERNATIONAL EXPRESS LOGISTICS COMPANY IN ROMANIA

    OpenAIRE

    Pop Nicolae Alexandru; Mihoc Florin; Fotea Ioan Stefan

    2010-01-01

    Within current economy context, complexities and particularities most companies are constantly seeking to maximize effectiveness and efficiency of their business. As sales force represents for most organizations their “spearheds”and direct contact with the market, its management can be a source for customer satisfaction and overall efficiency. Relationship marketing research with all its particularities and dimensions, if tailored appropriately can explicitly pinpoint major sources of custome...

  16. Sustainable MSD prevention: management for continuous improvement between prevention and production. Ergonomic intervention in two assembly line companies.

    Science.gov (United States)

    Caroly, S; Coutarel, F; Landry, A; Mary-Cheray, I

    2010-07-01

    To increase output and meet customers' needs, companies have turned to the development of production management systems: Kaizen, one piece flow, Kanban, etc. The aim of such systems is to accelerate decisions, react to environmental issues and manage various productions. In the main, this type of management system has led to the continuous improvement of production performance. Consequently, such production management systems can have unexpected negative effects on operators' health and safety. Conversely, regulation and control systems focusing on work-related risks have obliged firms to implement health and safety management systems such as OHSAS 18001. The purpose of this type of system, also based on continuous improvement, is to reduce risks, facilitate work-related activities and identify solutions in terms of equipment and tools. However, the prevention actions introduced through health and safety systems often result in other unexpected and unwanted effects on production. This paper shows how companies can improve the way they are run by taking into account both types of management system. Copyright 2010 Elsevier Ltd. All rights reserved.

  17. Setting up charging electric stations within residential communities in current China: Gaming of government agencies and property management companies

    International Nuclear Information System (INIS)

    Wu, Tian; Ma, Lin; Mao, Zhonggen; Ou, Xunmin

    2015-01-01

    The difficulty of charging electric vehicles (EVs) is now hindering their further development. Governments generally choose to build stations for home charging (including piles) within residential communities. Given the conflict of interest between various government agencies and property management companies, constructing a charging station within residential communities would result in welfare loss for the property management companies and therefore lead to the principal–agent problem. This paper constructs a two-period imperfect information game theory model to study the moral hazard involved in this issue and government agencies' optimal choice. In the analytic solution of the model, we find that the optimal choice for a farsighted government agency is to constantly improve the incentive mechanism and introduce charging stations only when the conflict of interest is eliminated. Any benefits derived from government regulations by force would prove short-lived. The government should focus on long-term returns in the development of EVs, and its optimal mechanism should be designed to mitigate the principal–agent problem of property management companies, thereby accelerate the progress of EV charging infrastructure and improve overall social welfare. - Highlights: • The charging of electric vehicles (EVs) is hindering their use. • A game theory model is used for analysis of EV charging station construction. • Charging stations are in residential communities in China. • Government agencies are constantly improving incentive mechanisms

  18. 13 CFR 108.900 - Fees for management services provided to a Small Business by a NMVC Company or its Associate.

    Science.gov (United States)

    2010-01-01

    ... 13 Business Credit and Assistance 1 2010-01-01 2010-01-01 false Fees for management services... Small Businesses by NMVC Companies Management Services and Fees § 108.900 Fees for management services... management services that you or your Associate provide to a Small Business during the term of a Financing or...

  19. ECO-MANAGEMENT AND AUDIT SCHEME (EMAS) FUNCTIONING ON THE EXAMPLE OF THE WATER SUPPLY AND SEWERAGE JOINT STOCK COMPANY OF THE CZÊSTOCHOWA DISTRICT

    OpenAIRE

    Piotr Pachura; Agnieszka Ociepa-Kubicka

    2014-01-01

    The article presents pro-ecological activities realized in the past years and planned for the years 2014-2016 by The Water Supply and Sewerage Joint Stock Company of the Czestochowa District. It highlights numerous benefits stemming from the implementation of EMAS in entrepreneurships. The Water Supply and Sewerage Joint Stock Company of the Czestochowa District is one of few companies in the field which obtained the Integrated Management System Certificate. The present article presents, amon...

  20. How to keep up with the war for talent? : A comparative study between talent management in Company X and literature suggestions for identification of talent

    OpenAIRE

    Rönnlund, Josefin

    2009-01-01

    Datum: 2009-06-30 Författare: Rönnlund Josefin Nivå/utbildning: Master Thesis, Management Handledare: Owe R. Hedström Titel: How to keep with the War for talent? A comparative study between talent management in Company X and literature suggestions for identification of talent Problem: The need for talent management and a company's assets in form of Human Capital creates the demand of consultant firms and their services. The problem for companies today is to keep their up with the war for tal...

  1. The Effect Of The Use Of Mobile Technologies By Management In Polish Manufacturing Enterprises On The Efficiency Of Knowledge Transfer Within A Company

    Directory of Open Access Journals (Sweden)

    Patalas-Maliszewska Justyna

    2015-06-01

    Full Text Available This article elaborates an existence of a positive effect of the use of mobile technologies by managers, according to their competences, on the efficiency of explicit knowledge transfer in a manufacturing company. It focuses on the set of the competences of managers, who use the mobile technologies in manufacturing companies and is based on a survey and data obtained from 119 Polish manufacturing enterprises. This article develops a framework of how managers can determinate the knowledge transfer in a manufacturing company and further discusses the research results.

  2. The relationship between emotions and food consumption (macronutrient) in a foodservice college setting - a preliminary study.

    Science.gov (United States)

    Hartwell, Heather J; Edwards, John S A; Brown, Lorraine

    2013-05-01

    Many aspects of eating out have been studied, yet emotions remain an under-researched area, despite having been shown to play a significant role in food consumption. The aim of this research is to critically evaluate the relationship between emotions and food consumption (macronutrient) in a realistic eating environment, a college cafeteria. Subjects (n = 408), diners using a cafeteria, completed an emotions questionnaire before and after freely choosing, paying for and consuming a hot main meal. The results demonstrated a greater feeling of contentment with a high fat, high energy meal, whereas with a low carbohydrate meal, participants felt unfulfilled. In addition, a high protein meal also leads to a feeling of contentment. These results are rather counter-intuitive to public health nutrition policy but indicate the importance of inclusion of a protein or high carbohydrate item in any dish design in a foodservice setting.

  3. Management of environmental aspects as well as impacts in a company of tubes, sized tubes and conicals

    Directory of Open Access Journals (Sweden)

    Marco Aurélio Batista de Sousa

    2007-10-01

    Full Text Available This article aims to describe the application of the Management Method of Environment Impacts and Aspects - MMEIA( GAIA - in a industrial company of medium size. The research is charactarized as exploratory, with a qualitative approach as well as quantitative that is done by a case in a industry that makes tubes, small tubes and conicals paper and sized paper. The data were colected by visits to industry, with the verification of its produtive process, research and documents analysis, interviews non structured with the managers and workers of the company as well as a questionnaire application referent to MMEIA (GAIA method aspects. The results of this mthod application are satisfactory about the observed aspects, although the company presents some questions that still can be improved in its produtice process. One can conclude the at the end of this study the organization started the people sensibilization as well as to the processes improvement, searching ways of developing its activiteies focalized on the environmental development and on the sustentability.

  4. FORESTRY COMPANY SATISFACTION TOWARDS ONLINE INFORMATION SYSTEM IMPLEMENTATION OF FOREST PRODUCT MANAGEMENT (SI-PUHH

    Directory of Open Access Journals (Sweden)

    Mangatas Simanjuntak

    2016-01-01

    Full Text Available This research was conducted with the aim 1 to analyze gaps that occurs between perception and expectations of the company implementation of SI-PUHH Online, 2 to analyze the level of satisfaction of the company implementation of SI-PUHH Online 3 Formulate a strategy to improve the quality of service implementation PUHH Information System Online. Analysis of the data used is the Importance Performance Analysis (IPA and the Customer Satisfaction Index (CSI. The results showed that there are five attributes that considered important in determining customer satisfaction. These five attributes are: 1 System Online has a server that is up to date with internet bandwidth that is large so it is not easy down and can be accessed quickly; 2 response rapid administrator/operator; 3 accurate data in accordance with entrian company; 4 There is a backup server; and 5 Officer SI-Online PUHH always willing to help. The fifth attribute is an attribute that has a high level of importance, but in its implementation or performance is still unsatisfactory. Customer Satisfaction Index (CSI on the implementation of this SIPUHH Online amounted to 72,07%, meaning that customers "satisfied" on the performance of services carried out by the Ministry of Environment and Forestry, but must maintain and improve the performance SERVQUAL PUHH Information System Online is to be able to satisfy the users company PUHH Information System Online.Keywords: SI-PUHH Online, SERVQUAL, IPA, CSI

  5. Work performed by Enterprise Companies (Enco) for (PHMC) for HANDI 2000 business management system

    Energy Technology Data Exchange (ETDEWEB)

    Wilson, D.

    1998-08-24

    Enterprise Companies are affiliated for the Prime and Major Subcontractors on site at Hanford. Business with them is handled and recorded in a manner very similar to working with independent vendors. In the to-be environment, all procurement of services from Enco`s will be processed in the Passport Procurement System.

  6. Environmental management in small and medium-sized companies: an analysis from the perspective of the theory of planned behavior.

    Science.gov (United States)

    Sánchez-Medina, Agustín J; Romero-Quintero, Leonardo; Sosa-Cabrera, Silvia

    2014-01-01

    In the business context, concern for the environment began to develop when pressure from the public administration and environmental awareness groups raised the specific requirements for companies. The Theory of Planned Behavior considers that people's conduct is determined by the intention of carrying out a certain behavior. Thus, the individual's intent is determined by three factors related to the desired outcome of the behavior: the Personal Attitude toward the Results, the Perceived Social Norms, and the Perceived Behavioral Control over the action. Therefore, the objectives of this paper are to clarify the attitudes of the managers of Canarian small and medium-sized companies about taking environmental measures, and try to demonstrate whether there is a relationship between the proposed factors and the intention to take these measures.

  7. IT risk management disclosure in the integrated reports of the top 40 listed companies on the JSE limited

    Directory of Open Access Journals (Sweden)

    Ben Marx

    2017-07-01

    Full Text Available Information Technology (IT has become an integral part of virtually all modern day organisations. The advent of IT has given rise to numerous benefits which increase productivity and efficiency in the workplace, however, IT also brings with it significant risks that can have an impact on an organisation’s ability to function as a going concern. Organisations, especially those listed on the Johannesburg Stock Exchange (JSE, are required to submit an Integrated Report (IR on an annual basis in which they indicate how they used the resources at their disposal to create value for the organisation and its stakeholders during the year under review. The IR is also a forward-looking document, as opposed to the traditional, backward-looking reports. The purpose of this paper is to determine to what extent IT Risk and IT Risk Management are disclosed in the IR’s of the Top 40 Listed Companies on the JSE. It further aims to determine whether IT Risks are included as material risk in the entity’s risk statements of the Integrated Report, and whether proper explanations are provided on how the materiality of the risks are determined and dealt with. This is done by means of an empirical study consisting of a content analysis of the IRs of the Top 40 listed companies on the JSE. The results of the analysis indicates that more than half of the companies included IT risk as part of their material risks and outlined appropriate and detailed processes that were followed by the company to manage those IT risks. The findings of the study accordingly support the need for communicating significant risks and the management thereof to stakeholders as part of the integrated nature of governance of entities. However, it is disconcerting that some companies are not doing this, and accordingly are not realising the need for communicating significant matters to their stakeholders and the value that informative and credible reporting will bring to an entity

  8. Equivalent expert career paths in small- and medium-sized companies – chance to gain and retain good employees or a threat for managers?

    OpenAIRE

    Konz, Alexander

    2014-01-01

    Research questions: Does a manager in a small- and medium-sized company accept an expert on the same hierarchy level or are conflicts the consequences due to her/his power motivation? Methods: Questionnaire across different hierarchy levels in a medium-sized company Results: Managers are aware of the need for experts and claim that both careers are equal but are motivated by power and reputation and for that reason will not accept an expert on the same hierarchy level.

  9. Acquisition and Merger Process Through the Eyes of Employees : A Case Study on How Change Management and Integration Process Affected the Employees of Company X

    OpenAIRE

    Maidell, Terhi

    2015-01-01

    This study is a case study about acquisition and merger process, which took place in February 2014, when Company X(name changed) bought three magazines and 42 employees were transferred from Company Y (name changed). The topic covers such issues as; change management during acquisition and merger from the employees’ point of view, how employees react to change and how they experience the change management process. The aim of the study is to understand the employee side of the story during cha...

  10. An empirical study on the relationship between working capital management and profitability: A case study of Mehregan Sangesar Company

    Directory of Open Access Journals (Sweden)

    Khosro Faghani Makarani

    2013-03-01

    Full Text Available This study examines the relationship between the working capital management and profitability for a real-world case study in Iran over the period 2004-2012. There are three components associated with working capital including account payable period, inventory turnover period and receivable account period. The study uses cash conversion cycle to investigate the impacts of working capital management on profitability, simultaneously. We use Pearson correlation ratios as well as regression techniques to study different hypotheses. The result indicates an inverse relationship between variables of working capital and profitability. It means if account receipt, cash conversion cycle and period of debt payment increase, the profitability of this company will decrease so managers can create more value that is positive for shareholders by decreasing period of debt payment, period of inventory turnover and period of demand collection.

  11. Procedure for the Management control with process approach at the Dairy Products Company Río Zaza Sancti Spiritus.

    Directory of Open Access Journals (Sweden)

    Madelaine Herrera Carriles

    2013-03-01

    Full Text Available In this research work we propose a procedure for the management control with process approaches to quality continuing improvement approaches at the Dairy Products Company Río Zaza Sancti Spíritus. Improvement opportunities were detected after measuring economical and productive parameters of commercialization process. The procedure includes techniques and tools such as Kendall coefficient, questionnaire, SWOT matrix (Weaknesses, Threats, Strengths, Opportunities, process management, process map, flow diagrams, process chip, Pareto diagram, strategic alignment matrix, balanced scorecard and the Deming cycle. The integration of strategic deployment, the process approaches; balanced scorecard in the procedure of management control contributed to the continuous improvement of quality evaluated by means of the indicators monitoring. It was possible to lower the billing cycle to 45 days and to have an increment of 2.2 MP from the total revenues.

  12. Sustainable procurement portfolio management: a case study in a mining company

    Directory of Open Access Journals (Sweden)

    Tamires Magalhães de Mello

    Full Text Available Abstract Sustainable procurement is a solution to integrate environmental and social considerations in all steps of procurement process, in order to reduce impacts on human health, environment, and human rights. Despite the existence of important works in this area, more studies for determining how the principles related to sustainable development can be integrated to procurement strategies are needed. This study presents a case study in a mining company to evaluate the elements that should be considered for the implementation of sustainability concept in the contracting of services through the application of a sustainability portfolio model. Results show that the contracts of the internal movement's category of the studied company fit as Strategic Commodity, which means that the items in this category have a risk in the strategic supply, because they need investments made by the buyer in the relationship with the supplier.

  13. ANALYSIS OF THE MANAGEMENT SYSTEM IN THE FIELD OF ENVIRONMENTAL PROTECTION OF RUSSIAN CHEMICAL COMPANIES

    Directory of Open Access Journals (Sweden)

    Anna Makarov

    2018-03-01

    Full Text Available Since 2007, many chemical industrial companies in the Russian Federation have been actively involved in the Responsible Care® international voluntary program. To implement this program, vast bodies of data on environmental impact assessments needs to be collected. This allows us to analyse the environment-oriented trends in economic and social activities, and to record the achievements and problems in this field. The collected large bodies of data are in many cases heterogeneous, since the report has been a voluntary initiative. To analyse the existing trends in business processes, authors applied the methodology for system analysis of large bodies of data and used their own heuristic approximation algorithm for the treatment of accumulated data. This algorithm gives us the unique possibility of evaluating the performance of both individual chemical companies in the framework of the Responsible Care® program and the Russian chemical industry as a whole.

  14. Managing Media Supply Chains in European Publishing Companies : Strategic issues, values and partnerships

    OpenAIRE

    Kabiraj, Sajal

    2007-01-01

    European publishing companies are quickly digitizing their businesses to achieve cost savings, and increased market reach and penetration. IT is increasingly affecting the ways in which the whole value chain operates. Interaction and collaboration costs have been slashed. Physical assets are no longer the cornerstone of competitive success and value propositions. This situation became more critical mainly due to continuous increase in consumer expectations, longer demand chain, conventional m...

  15. Customer Segmentation for Customer Relationship Management on Retail Company: Case Study PT Gramedia Asri Media

    OpenAIRE

    Rumiarti, Christina Deni; Budi, Indra

    2017-01-01

    Advances in information technology produces wide range of choices in accessing information including reading books. The increase in the number of readers who turning to electronic books making sales of printed books has decreased in the recent years. PT Gramedia Asri Media is one of book retail company in Indonesia. Gramedia implement CRM by launching a member card named Kompas Gramedia Value Card (KGVC). Promotion given has not been able to increase book transaction of KGVC members.This rese...

  16. AN INVESTIGATION INTO THE DEVELOPMENT OF KNOWLEDGE MANAGEMENT SYSTEMS WITHIN THE LEADING IRISH CONSTRUCTION COMPANIES

    OpenAIRE

    Graham, Brian; Thomas, Ken

    2005-01-01

    The benefits that Information and Communication Technologies (ICT) can bring to a construction company within the Irish Construction Industry have yet to fully materialise. However the membership and activities of the Construction Information Technology Alliance (CITA) indicates a genuine desire of the leading participants in the industry to take advantage of these technologies. The focus of this paper shall primarily be that of a review of recent literature pertaining to Knowledge Mana...

  17. INTERNATIONAL ACCOUNTING STANDARDS AND THEIR INFLUENCE ON THE MANAGEMENT OF A COMPANY.

    Directory of Open Access Journals (Sweden)

    ANA - MARIA MĂLĂESCU

    2015-03-01

    Full Text Available The accounting standardization process is in progress at international and regional level, more and more countries have reached the same conclusion of enforcing high quality accounting standards like IAS / IFRS. There are various reasons for Romania adopting the international accounting referential most of them subordinated to its central aim, respectively EU accession. In our country the accounting system is subordinated to the taxation system, financing still comes prevalent from banks and very few Romanian companies are listed on foreign capital markets. Romania is an ex-communist emergent country in wich changes in the economic and political environment merely started only after the end of the communist regime in the early 1990s. Many European companies already observed that by enforcing IFRS standards they have access to international capital markets, they could reduce expenses and unroll international transactions easier. It is improbable that a financial reporting, which is not easy understood by all its users, would offer new business opportunities or additional capital.Therefore, a significant number of companies, either voluntarily enforce IFRS standards, or they are pledged by the government to do this.

  18. THE CORRELATION BETWEEN THE HUMAN RESOURCES MANAGEMENT PRACTICES AND THE COMPANY’S PERFORMANCE: CASE OFTHE « SOURCE MARRAKECH » COMPANY

    Directory of Open Access Journals (Sweden)

    Amal LAALOU

    2016-05-01

    Full Text Available Beyond a diagnosis that would only reason out the shortcomings of the practice of human resource management within the company and the causes of this situation, the issue of this thesis aims to identify the various factors and elements that do not favor a true and complete implementation of a human resources management policy in a Moroccan company and their degree of implementation on the company's performance. Thus, the study focused on the impact of human resource management on a company performance. We carried out our research at a company, “Source Marrakech”, specialized in the bottling of water that relies on establishing a HRM policy to increase its performance. With regard to its content, this paper is a mere outcome of an experience within the company (combined certainly with some theoretical research, that suggests to treat said problem by using some indicators to assess the main HRM practices (employment, staff appraisal, training, management of jobs and skills and human resources development and their influence on the company's financial, economic and social performance and propose a research model.

  19. A preliminary study on financial risk management of the uranium enrichment company, given China's fast development of nuclear power industry

    International Nuclear Information System (INIS)

    Sun Wumei

    2010-01-01

    In market economy, control and prevention of financial risk is a factual and urgent issue of financial management. As an independent legal identity, the enterprise strives to achieve business operations and developments while bearing risks. In an era of fast growth of China's nuclear power industry, uncertainties facing uranium enrichment companies are inevitable. Without being aware of financial risks, the enterprise could be driven to hopeless situation when catastrophe comes. Recognizing financial risk factors, knowing the cause and effect of risk events, building a mechanism to prevent and control financial risks, are the right approaches for building a robust enterprise. (author)

  20. “Global” Diversity Management: The Case of Automobile Manufacturing Companies in Japan

    OpenAIRE

    Mariana Preda

    2008-01-01

    Diversity management has been extensively studied in domestic settings. However, domestic diversity management research is inadequate for understanding diversity management concerns of global firms at the level of their strategic decision-making and cross-national coordination activities. The aim of this paper is to examine Japanese global firms in the automotive industry with a view to reveal their reasons for adoption, diffusion and implementation of global diversity management activities. ...

  1. Reconstruction of Financial Performance to Manage Gapbetween Value Added Intellectual Coefficient (VAICTM) andValue of Company in Banking Company Listed in IndonesiaStock Exchange

    OpenAIRE

    Ermawati, Yana; Noch, Muhamad Yamin; Zakaria, -; Ikhsan, Arfan; Khaddafi, Muammar

    2017-01-01

    This study aims to analyze the effect of Value Added Intellectual Coefficient (VAIC™) on value of company (MtBV) and financial performance (ROA) as mediating variable. This study used Value Added Intellectual Coefficient (VAIC™) to measure the efficiency of three components i.e. Value Added Capital Employed (VACA), Value Added Human Capital (VAHU), and Structural Capital Value Added (STVA). This study is a quantitative research using 20 banking companies listed in Indonesia Stock Exchange (BE...

  2. When Do Companies Need a Board-Level Risk Management Committee?

    OpenAIRE

    Choi, Ivan

    2013-01-01

    Risk management is nothing new. But the global financial crisis and corporate failures in recent years have put risk management in the spotlight. Who is ultimately responsible for it? Responsibility for risk management should start in the boardroom, as the board is ultimately responsible for the organization's decision making, business performance, and value creation, all of which are asso...

  3. Managing technological and organizational change in relation to the social system of the company

    DEFF Research Database (Denmark)

    Clausen, Christian

    1996-01-01

    The paper aims at the discussion of why some work design questions are taken up in the technology management process, and other questions often are neglected or changed through the management process. It is described how the agenda for technology management is created through a complex political ...

  4. ANALYSIS OF THE POSSIBILITY FOR ESTABLISHING PROJECT MANAGEMENT OFFICE (PMO IN COMPANIES IN SERBIA

    Directory of Open Access Journals (Sweden)

    Dragana Milin

    2012-09-01

    Full Text Available Project Management Office (PMO is an organizational unit established to help project managers, project teams and the various levels of management in carrying out the principles of project management. The research was carried out in Serbia, in 2011, with the aim to establish which methodologies and techniques are used for project m anagement, and which of them are used the most frequently. Furthermore, the need for establishment of PMOs in Serbia is discussed. These offices should help in establishing a standardized methodology (at the organization level and thus overcome the obviou s poor use of any project management methodology at all.

  5. Executive stock options and earnings management in the portuguese listed companies

    Directory of Open Access Journals (Sweden)

    Sandra Alves

    2012-07-01

    Full Text Available Theoretically, executive stock options align managers’ and shareholders’ interests. However, previous studies have indicated that stock options may engender manager-shareholder conflicts (Jensen, 2005 and create incentives for earnings management (e.g. Jensen, Murphy and Wruck, 2004; Burns and Kedia, 2006; Efendi, Srivastava and Swanson, 2007. Therefore, this paper examines the implications of stock option grants on earnings management. In particular, we address the following question: Does stock options grant induce incentives for earnings management? Using a sample of 33 non-financial listed Portuguese firms-year from 2003 to 2010, we find that managers are more likely to engage in earnings management when they hold stock options. This study suggests that stock options may not always be effective in aligning the interests of managers and shareholders. Rather, executive stock options seem to affect the informational quality of earnings negatively, and consequently reduce the quality and value relevance of published financial data.

  6. IMPORTANCE OF LIQUIDITY ANALYSIS IN THE PROCESS OF FINANCIAL MANAGEMENT OF COMPANIES OPERATING IN THE TOURISM SECTOR IN SLOVAKIA: AN EMPIRICAL STUDY

    Directory of Open Access Journals (Sweden)

    Vladimir Hiadlovsky

    2016-12-01

    Full Text Available The article defines the financial analysis, with the emphasis on the liquidity analysis, as an essential tool of the corporate financial management process. The main objective of the article is, based on the statistical verification, to analyse liquidity of companies operating in the tourism sector, namely companies providing accommodation services, identify the key factors which influence the level and development of liquidity and therefore, when managed appropriately, may bring the improvement in liquidity management leading to the enhancement of the quality of the financial management process in companies and to their excellence. On the selected sample of companies operating in the tourism sector in Slovakia, the research results reveal the low long-term level of average current and total liquidity for the 2011 to 2014 period and indicate moderate to weak relationship between selected liquidity and profitability ratios. As liquidity is one of the areas reflecting one side of company's performance, its systematic and proper management may help companies achieve their goals on the way to excellence.

  7. Facility Management as a Way of Reducing Costs in Transport Companies

    Science.gov (United States)

    Matusova, Dominika; Gogolova, Martina

    2017-10-01

    For facility management exists a several interpretations. These interpretations emerged progressively. At the time of the notion of facility management was designed to manage an administrative building, in the United States (US). They can ensure their operation and maintenance. From the US, this trend is further moved to Europe and now it start becoming a current and actual topic also in Slovakia. Facility management is contractually agreed scheme of services, semantically recalls traditional building management. There by finally pushed for activities related to real estates. For facility management is fundamental - certification and certification systems. Therefore, is essential to know, the cost structure of certification. The most commonly occurring austerity measures include: heat pumps, use of renewable energy, solar panels and water savings. These measures can reduce the cost.

  8. RELATIONSHIP MARKETING RESEARCH TAILORED TO SUPPORT SALES MANAGEMENT. CASE STUDY: AN INTERNATIONAL EXPRESS LOGISTICS COMPANY IN ROMANIA

    Directory of Open Access Journals (Sweden)

    Fotea Ioan Stefan

    2010-07-01

    Full Text Available Within current economy context, complexities and particularities most companies are constantly seeking to maximize effectiveness and efficiency of their business. As sales force represents for most organizations their “spearheds”and direct contact with the market, its management can be a source for customer satisfaction and overall efficiency. Relationship marketing research with all its particularities and dimensions, if tailored appropriately can explicitly pinpoint major sources of customer satisfaction and dissatisfaction. Focus of contemporary relationship marketing is the customer viewed across lifetime as a profit source and partner rather than on short term for singular transactions. Research findings help the organization better manage its sales force and generate customer satisfaction, retention and loyalty and maximize profits while achieving superior efficiency.

  9. Knowledge management. Preservation and maintenance of implicit knowledge within a company; Wissensmanagement. Erhalt und Pflege des impliziten Wissens im Unternehmen

    Energy Technology Data Exchange (ETDEWEB)

    Schmidt, Ulrich [EnBW Energie Baden-Wuerttemberg AG, Karlsruhe (Germany)

    2010-07-01

    EnBW Energie Baden-Wuerttemberg AG operates in a more and more complex economical and political environment. This fact and ambitious growth targets are the reason for EnBW to activate more intensively hidden potentials of the staff and to strengthen their skills. The ''intellectual capital'' of EnBW becomes a key success factor and active knowledge management will be the key to save the sustainability of the company. For the implementation of knowledge management EnBW uses an integrated approach, which includes a cultural, strategic and operational level. Since 2006 the ''Knowledge Relay'' has been used in the EnBW group with great success. (orig.)

  10. Perceptions of rewards as a motivator amongst managers at a furniture retail company

    OpenAIRE

    2013-01-01

    M. Com. (Business Management) Managers are increasingly expressing their anxiety about their future security, and are more concerned than ever about their job security and a stable set of rewards. This concern has been triggered by the employers who are having to make increasingly difficult decisions about their workforce compensation and its relationship to performance. There is a general perception that organisations use ‘one size fits all’, type of rewards to motivate their managers. Th...

  11. ORGANIZATION AS A MANAGEMENT FUNCTION IN THE ACTIVITY OF TRADE COMPANIES

    Directory of Open Access Journals (Sweden)

    Bretan Florin-Ioan

    2013-01-01

    Full Text Available Organizational system is a set of methods, procedures and techniques used in the management of organization function of the production process. It has as main functions methodological and logistical support creation of the functional act. Generally, systems, methods and management functions trigger the assembly of the developed activities by the managed system in order to establish and achieve the aims of commercial enterprises. In most cases, the management is done by exercising a range of functions including the organization of enterprises in Maramures County, Romania.

  12. Tool for the control management of electric and magnetic fields of electrical companies

    International Nuclear Information System (INIS)

    Arnera, Patricia; Barbieri, Beatriz

    2008-01-01

    The use of electricity involves a wide range of activities that, because of its diversity, characteristics and relative importance causes different environmental impacts during the extraction, processing, transport and consuming activities. It is the role of the government to elaborate the rules for the incorporation of environmental aspects in the different segments of the market for different electrical energy sources and in all the stages of the process, from the initial evaluation to the construction and exploitation phases. Among the environmental key aspects to considerate, are the electric and magnetic fields, in which society has taken special interest as they are believed to be involved in health hazard. The faculties of the regulatory authority are dictate regulations and technique procedures to be fulfilled by the agents, and check their compliance. In the course of time since the mentioned obligations, the authority has gathered information regarding electric and magnetic fields that includes those planned in the Companies Environmental Planning and those obtained ad-hoc in the role of controller. In order to systematize this information, a data base has been designed considering different types of electric installations, the company which they belong to, equipment used in the measurements, representative layouts with measure points and profiles of the electric and magnetic fields that were obtained. (author)

  13. The Management of the Competitive Differentiation of Companies that Supply Electromechanical Equipments for the Oil Industry

    Directory of Open Access Journals (Sweden)

    I. C. Rada

    2009-05-01

    Full Text Available Let us assume that the supplier ofelectromechanical devices for the oil industry hasalready selected its target market. When it is the onlysupplier for that market, it will be able to sell at a pricethat would bring it considerable profit. If the price istoo high and there are no entering barriers forcompetitors, the latter will penetrate the market andcause a lowering of the prices for theelectromechanical devices. When the same market isprovided by companies that produce non-differentiateddevices, buyers will choose the company that sells atthe lowest price. Consequently, the other companieswill have to lower the price as well. The onlyalternative for the supplier oil electromechanicaldevices is to differentiate its offer. If this action issuccessful, it will be able to practice a higher price,due to the superior quality that is being offered. Thereare four ways of defining an offer: the agent that sellsoil products can create value by offering products thatare [1]:- Better - the offer can better satisfy the needs ofcustomers than that of competitors, whichusually involves at least a minimumimprovement of the electromechanical device:- Newer – providing a solution that does not existso far, which implies a higher risk than in thesituation mentioned above, but can bring ahigher profit- Faster - the delivery time for anelectromechanical device is reduced- Cheaper – the product is identical with thatoffered by competitors, but the price is lower

  14. Process management in supply chains: a case study in a company of textile industry of the agreste of Pernambuco

    Directory of Open Access Journals (Sweden)

    Cícero Marcolino Pessoa de Sousa

    2015-06-01

    Full Text Available The supply chain (SC integrates the process management of the target enterprise, providing a connection with their clients, suppliers and within itself. This type of management is dynamic and it covers the business processes that involve since the final consumer to the primary suppliers which provide products, services and information that generate value to the consumers and stakeholders. Given the importance of the integration of these processes on a SC, this paper’s objective is to elaborate a diagnosis to evaluate, and propose improvements relating to processes Management throughout the Supply Chain Management (SCM based on the model by Lambert et al. (1998 as well as through a SWOT analysis.  The present research has utilized a qualitative approach, adjusted to exploratory adapted to a case study applied on a company of the textile industry located on the wasteland region of Pernambuco state, and was conducted through personal interviews by the means of an elaborate questionnaire. The results show that there is a lack of process management models, which is a compromising factor to the efficiency of the processes involved on the SCM, as well as also show the need of formalization of the key-processes on the supply line.

  15. THE PROACTIVE MANAGEMENT MODEL OF STRATEGIC DEVELOPMENT PROJECT ON THE ENERGY SUPPLY COMPANIES IN A TURBULENT ENVIRONMENT

    Directory of Open Access Journals (Sweden)

    Михайло Збишекович ДОМБРОВСЬКИЙ

    2017-03-01

    Full Text Available A methodical approach of proactive project management model with the estimate (prediction deviation of actual results from planned at each control step is proposed. Deviation of actual results from the project planned, which takes place in the management of the energy company transformation project, as a result of action under uncertainty, determines the acceleration of work over the project plan. Implementation the scope of work, which exceeds the plan, as result of overspending of resources and budget, disrupting the stability of the project as a system. The graphic model helps to form the "corridor" tolerance based resource reserve, and the implementation of the project work is carried out according to the extension concept. Clarification allowable deviation area allows improving the model of project proactive management for each of the next execution step. Project management quality is improved by reducing the time of decision-making and increase the sustainability and efficiency by substantially reducing deviations. The conclusions about the benefits of the assessment of works and project resources balance, by using the proactive management model, which allows comparing variants of works dynamics, to implement the search for the best solution to a predetermined set of admissible, have been made.

  16. Technical forums as an instrument for knowledge management in oil pipelines and terminals companies: the experience of TRANSPETRO

    Energy Technology Data Exchange (ETDEWEB)

    Almeida, Maria Fatima Ludovico de [Pontificia Universidade Catolica do Rio de Janeiro (PUC-Rio/ITUC), Rio de Janeiro, RJ (Brazil). Instituto Tecnologico; Santiago, Adilson; Ribeiro, Kassandra Senra; Arruda, Daniela Mendonca [TRANSPETRO - PETROBRAS Transporte S.A., Rio de Janeiro, RJ (Brazil)

    2009-07-01

    This paper describes the experience of TRANSPETRO's Oil Pipelines and Terminals Unit regarding an institutionalized knowledge management (KM) process of systematically promoting technical forums focused on: pipeline and terminal operations; industrial maintenance; and right-of-way activities management. This empirical work adds evidence that in the model of cooperative and communicative knowledge management it is necessary to motivate staff to provide the company with their tacit knowledge and to take a proactive part in knowledge management processes, particularly in technical forums. Within this KM perspective, technical forums have been held by TRANSPETRO for the following purposes: to discuss the main barriers and challenges the oil pipelines and terminals unit has to face in the coming years; to share and disseminate good practices concerning oil pipeline and terminal activities; to discuss new processes, methods and equipment developments with potential application in business and operational processes; to establish action plans concerning the main challenges, barriers and opportunities; to disseminate Research and Development (R and D) projects in course, new procedures, methods and equipment and to promote integration among forum attendees. The two year-experience in TRANSPETRO's Oil Pipelines and Terminals Unit revealed that technical forums have been an important instrument for cooperative and communicative knowledge management, according to evaluations from 173 attendees. (author)

  17. Communication Management in Organizations. A Case of Private Companies in Western Romania

    Directory of Open Access Journals (Sweden)

    Regis Mafteiu Romanu

    2015-01-01

    Full Text Available Communication is a cultural expression. Behaviour in organizations is the result of social mentalities. Organizational culture is directly proportional to the level of communication. Optimal management strategies take account of institutional communication, social values and collective representations. Strategic communicative methods are needed to support the development of effective managers at all levels of business.

  18. Express-assessment of Busness value for making tactical dicisions in management of companies

    OpenAIRE

    Porotova, O.; Yankina, I.; Smirnova, E.

    2010-01-01

    The management of enterprise value by the method of express-assessment of business value is considerate in this work. The author offers a more accurate formula for calculating the business value by net assets. Also we introduce a system of quadrants, that enable to make management decisions in order to increase business value efficiently.

  19. Preference in Presentation or Impression Management: A Comparison Study between Chairmen’s Statements of the Most and Least Profitable Australian Companies

    Directory of Open Access Journals (Sweden)

    Zilan Cen

    2014-09-01

    Full Text Available The purpose of this study is to investigate the extent of impression management in corporate annual reports in an Australian context. To contribute to this topic, a research question is investigated: do the most profitable Australian companies, assessed by percentage change in profit before tax, organise the chairmen’s statements of their corporate annual reports and disclose information in a way that is significantly different from those least profitable companies? In terms of the methodology, this research has selected the top 50 most and least profitable companies in ASX 500 as at 30th June 2009 respectively. For reference and comparison purposes, another 50 companies were selected randomly from the rest of the population. Content analysis was applied. The results of this study were indicative that chairmen’s letters from profitable and non-profitable Australian companies do demonstrate significantly different presentational preferences.

  20. University-Company Cooperation in a Hydroelectric Plant: Cooperation Study in Environmental Management

    Directory of Open Access Journals (Sweden)

    Fabricio Mussi

    2017-05-01

    Full Text Available Hydroelectric power plants are considered strategic for the country when considering their relevance and impact on other sectors of the economy. However, the dynamics of the operation of a plant, its support structure and power generation activities can cause impacts on the environment, which must be constantly monitored in order to mitigate any environmental risks. The purpose of this study is to examine the partnership relations between a plant by menas of the creation of a department within the environmental management and universities and research institutes to identify specific partnerships in environmental management and hydroelectric plants. Six projects have been selected for analysis, four of them related to projects with universities and two related to cooperation with research institutes. The focus of the analysis was restricted to the main points observed in the management of these partnerships, which are: (a motivation for establishing partnerships, (b the composition of the estimated costs for implementing these partnerships, (c the difficulties of reconciling technical management and financial management, and (d the measurement of results and contributions from these interactions. Administrative practices of management of partnerships were also analyzed in the stages preceding cooperation for cooperation and further cooperation. Although other such studies are needed to strengthen the findings presented, one can conclude that the purposes of the establishment of cooperation in environmental management differ from those observed in other fields of knowledge such as engineering and biotechnology, for example.