• 제목/요약/키워드: Managerial flexibility

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Key Success Factors of Home-Based Business among Female Entrepreneur in Saudi Arabia

  • bin Dahari, Zainurin;Abu Bakar, Abdul Rahim;Al-Gosaibi, Sahar
    • Asia Pacific Journal of Business Review
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    • 제3권2호
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    • pp.43-66
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    • 2019
  • Home-based business (HBB) is one of the fastest growing form of business start-ups where the business is conducted from home. In develop economies, the HBB industry is an engine for economic growth that has proven its viability through significant contribution to the national GDP. In view of its importance, the Saudi Ministry of Commerce and Industry encourage local women to start and develop their own HBB as it gives them the flexibility while still contributing to the national economy. Although various initiatives have been taken place, little information is available about Saudi HBB. This study therefore aims to determine the factors that contribute to the growth as well as the challenges of female HBB in Saudi Arabia. The study was based on qualitative approach which adopted an in-depth interview with eleven Saudi females who run HBB. The findings revealed that HBB contributing factors comprised of access to funding, sufficiency of savings and the influence of the intrinsic and extrinsic motivation in starting the business. Meanwhile, the obstacles are government regulations and policies, culture, and home design. The study recommendations include improving banks and service institution policy and procedures to enable HBB to have access to funding and services and to develop legal policies to protect the right of the HBB operator and customers. Finally, the study also suggests future research on managerial factors that can contribute to HBB female success, the stress coping mechanism of HBB and the factors contributing to the difference between HBB in growth strategies.

Work life balance practices and the link to innovation and productivity: A comprehensive literature review

  • Hatcher, Ryan;Hwang, Yo-Sung
    • 융합경영연구
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    • 제7권1호
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    • pp.26-38
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    • 2019
  • Purpose - This paper is to review recent literature, by conducting a thorough investigation of the limitations and implications for future research on work-life balance with the focus and linkages between work-life balance practices, machine learning and emotional intelligence, work-life conflict, the correlations between work-life enrichment and work-life balance practices, the relationships between employee job satisfaction and work-life balance, the links between work-life balance and the managerial support. Research design, data, and methodology - The paper will further detail linkages between work-life balance and organizational performance outcomes productivity and innovation. Previous literatures have paid attentions to the link of HR practices and organizational outcomes such as productivity, flexibility, and financial performance, but the understanding needs to be extended to involve innovation performance. Dealing with employees' emotions using different machine learning techniques is one of the phenomenal researches in today's world. Here, we examine how far the employees are conscious of their own self and found the ideas and views of an individual about themselves and others. Without proper knowledge about their personality it will be very difficult for an individual to manage their own emotions. This study also aims at finding out the individual abilities to manage their emotions in order to perform well. Conclusions - A theoretical conceptual framework has been built by integrating the existing literature to explain a number of factors which are closely associated with work-life balance. The conceptual model illustrates how the work-life balance interplays with performance and interrelates with the aforementioned factors.

Past Performance and Earnings Management: The Effect of Free Cash Flow

  • SARI, Martdian Ratna;DJOHANPUTRO, Bramantyo;KOUNTUR, Ronny
    • The Journal of Asian Finance, Economics and Business
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    • 제8권1호
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    • pp.37-43
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    • 2021
  • The main objective of this study is to discuss the effect of free cash flow as a moderating variable on managers' decisions as regard earnings management. Companies with free cash flow are expected to refrain from taking opportunistic actions such as earnings management. The research used quantitative methods with sub-group moderating analysis. It is found that there is a significant relationship between past performance and earnings management, where the free cash flow is the moderating variable. The effect of past performance on earnings management is shown to slightly increase as free cash flow is considered. The findings of this study prove that earnings management is a practice that is often done by utilizing the flexibility of accounting recording and recognition mechanisms. Past performance becomes the main variable in encouraging managers to manage earnings by reducing revenue in the current period. This research can also be a reference in explaining managerial behavior and can be a reference to improving ethical human resource capabilities. This research focuses on companies in Indonesia that conduct earnings management by lowering profits as a result of declining past performance and examines aspects of free cash flow that reinforces the conduct of earnings management.

Effects of Information Technology Competence on Business Performance: Empirical Evidence from Omnichannel Retailers in Vietnam

  • NGUYEN, Anh Thi Dy;HOANG, Thao Thi Phuong
    • The Journal of Asian Finance, Economics and Business
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    • 제9권6호
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    • pp.303-312
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    • 2022
  • Nowadays, omnichannel is a new kind of e-commerce channel. Many retailers invest in this channel to maximize customers' benefits as well as increase competitive advantage and business performance. To operate this channel effectively, the role of IT competence is very important. With the flexibility and integration of IT competence in omnichannel, retailers can optimize service quality and bring customer benefits that are outstanding in comparison with the traditional channel. Because of this significance, this research was carried out to evaluate the effects of IT competence on the business performance of retailers in Vietnam's omnichannel environment through the mediating role of customer value creation and competitive advantage. A quantitative research method is used through a survey with 200 managers working in retail companies operating omnichannel in Vietnam. After collecting data, PLS-SEM software is used to analyze the relationship among these above factors in omnichannel. The results prove that there are positive effects of IT competence on other elements in the research model. All direct and indirect effects are valuable when bootstrapping. Based on the results, some managerial implications are given to managers of retail companies using omnichannel to improve customer values and increase competitive advantage and business performance in the Vietnam context.

Links Between Macro Facilitators of Organizational Empowerment and Ambidextrous Behaviors: An Empirical Study from Pakistan

  • IQBAL, Sumaira;PARVEZ, Anjum;ANJUM, Muhammad Adeel;SAFDAR, Tayybah;AHMED, Ammarah
    • The Journal of Asian Finance, Economics and Business
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    • 제9권2호
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    • pp.113-120
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    • 2022
  • The goal of this study is to see if there's a relationship between employees' ambidextrous behaviors and macro facilitators of organizational empowerment (such as control over workplace decisions, dynamic structural framework, and fluidity in information sharing) (exploration and exploitation). To acquire data, this study uses survey methods. A cross-sectional survey was done to collect information from academics at five large public sector universities in Pakistan's Balochistan province. Control over workplace decisions boosts academics' engagement in exploration and exploitation, while a dynamic structural framework merely increases their engagement in exploration, according to the findings based on data from 240 respondents (n = 240). The findings also show that information sharing flexibility has little effect on exploration and exploitation behaviors. In conclusion, the results of this study imply that organizational empowerment is critical for academics' ambidextrous behaviors to thrive. As a result, specific organizational facilitators of empowerment (such as control over workplace decisions and a dynamic structural framework) are advised in higher education institutions. This research is significant because it develops and tests a model that explains hitherto unexplored connections between macro facilitators of organizational empowerment and employees' ambidextrous behaviors. In addition, the research provides important insights for managerial practice and research.

Brand Revitalization by Strategic Repositioning: A Case Study of Korando Sports

  • Shin, Youngsik;Cha, Kyoung Cheon
    • Asia Marketing Journal
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    • 제14권4호
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    • pp.1-22
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    • 2013
  • A growing gap between market needs and the capabilities of the enterprise prompts repositioning (Corstjens and Dolye 1989). This article examines the strategic repositioning of 'Korando Sports' undertaken by SYMC throughout the period from Jan. 2012 to Jun. 2012, to boost sales volume and market share by entering market of active-lifestyle consumers currently occupied by SUVs. SYMC's experience indicates that it is essential to close the gap between the market needs and the ability of the enterprise to make a shift to new consumer segment with a new positioning. The successful repositioning framework(Ryan et al. 2007) were employed in this paper. This framework is comprised of six elements: core strategic values, strategic flexibility/learning capabilities, customer awareness and sensitivity, external orientation, management commitment, and belief in the product and brand. The evaluation based on the successful framework also confirms that 'Korando Sports' case meets all the requirements of the successful strategic repositioning. This paper provides some of the managerial implications with aim of assisting executives in identifying strategic repositioning opportunities. Primarily, the 'Korando Sports' case affirms the repositioning as a viable strategy and indicates that repositioning is a feasible means for strategic change. Second, this case shows the influence of a target consumer and SYMC's repositioning to follow consumer preference for a particular attribute. Moreover, we can understand how a product formerly considered weak in attributes can enjoy benefits in other segments with the same attributes.

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The Effect of Airline B2C Distribution e-Commerce Interaction Quality on Relationship Performance

  • Hyeyoon PARK
    • 유통과학연구
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    • 제21권12호
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    • pp.91-102
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    • 2023
  • Purpose: This study analyzed the structural relationship between interaction quality and relationship satisfaction, towards providing managerial implications for effective relationship management in the B2B market. Research design, data and methodology: The following survey was conducted only if respondents had used the airline's B2C more than twice. A total of 398 copies were collected and empirical analysis was conducted using AMOS 18.0 and PASW 18.0. Results: The flexibility, quickness, and fairness that make up the interaction quality in airline B2C have been shown to have a significant impact on trust, relationship performance and relationship satisfaction. Conclusions: Usefulness, quickness, and fairness, which are sub-variables of airline B2C mutual quality, have a positive effect on trust. In addition, trust was found to have a positive effect on relationship performance and relationship satisfaction. We draw implications for the importance of interaction quality in order to strengthen and sustain relationships with users in the airline B2C distribution market. In addition, in order to build meaningful relationship performance and relationship satisfaction, interaction quality and trust level should be examined first, and interaction quality improvement should be the top goal.

공급업자 역량이 공급업자와 구매업자의 장기지향적 거래관계에 미치는 영향: K화장품 기업을 중심으로 (Effects of Supplier's Competence on Customer-Supplier Long-term Relationships : with emphasis on the cosmetics industry)

  • 이용학;한상린;나준희;운동한
    • 한국유통학회지:유통연구
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    • 제13권4호
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    • pp.71-95
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    • 2008
  • 최근 산업재 시장에서 구매업자와 공급업자 간의 거래는 장기지향적 관계를 추구하고 있으며, 이를 위래 공식적 혹은 비공식적 계약이 이용되고 있다. 환경이 급변함에 따라 거래의 유연성이 요구됨에도 불구하고, 구매업자는 제한된 합리성으로 인해 환경변화의 예측에 어려움이 있다. 이러만 측면에서 본 연구는 산업재 시장에서 공급업자의 역량이 구매업자와 공급업자 간의 장기지향성에 어떠한 영향을 미치는 지에 대해서 파악하고자 하였다. 즉, 공급업자의 R&D, 유연성, 브랜드 자산, 시장정보활동, 고객지원활동과 같은 공급업자 역량이 장기지향성에 미치는 영향에 있어서 신뢰와 의존성의 매개효과를 검증하기 위해 화장품 산업을 대상으로 자료를 수집하고 이를 분석하였다. 본 연구결과는 화장품 산업의 공급업자 역량을 이해함에 있어서 중요한 의미를 지니고 있다. 아울러 본 연구에서는 분석결과의 실무적 시사점 및 한계점이 제시되었다.

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가격 변동성이 높은 건설 자재 구매 의사결정에 대한 실물옵션 관점의 평가 - 태양전지 구매를 중심으로 - (A Real Option Perspective to Evaluate Purchase Decisions of Construction Materials with High Price Volatility)

  • 김병일;김창윤
    • 한국건설관리학회논문집
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    • 제17권1호
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    • pp.76-82
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    • 2016
  • 기업의 의사결정은 실물옵션의 특성을 갖는 경우가 빈번하다. 이러한 옵션의 가치를 산정하는 일은 쉽지 않기 때문에 일방이 유리한, 즉 불평등한 계약이 맺어지는 경우 또한 흔하다. 기업의 합리적인 의사결정을 도모하기 위해서는 의사결정에 내장된 실물옵션의 성격을 정확하게 규명하고, 그 가치를 경제적으로 산정하는 방안이 체계화되어야 한다. 이에 본 연구는 건설 기업의 태양전지 구매 사례를 바탕으로 이 계약에 내장된 옵션을 분석하기 위한 프레임을 제시하였다. 또한, 이 상황에서 건설 기업이 취할 수 있는 두 가지 전략적 의사결정을 도출하고 이 전략이 갖는 가치 및 그 의미를 고찰하고자 하였다. 먼저 가격 상한의 성격을 규명하고 그 가치를 산정하였다. 그 다음으로 의사결정을 연기하는 전략을 취함으로써 얻을 수 있는 가치도 평가하였다

실물옵션을 활용한 새만금 환경생태용지사업 분석 (Real Options Analysis for the Eco-Environment Area Project in Saemangeum)

  • 김경석
    • 한국건설관리학회논문집
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    • 제22권6호
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    • pp.87-95
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    • 2021
  • 본 연구는 새만금에 조성되는 환경생태용지사업의 실물옵션기법을 사용하여 경제성분석을 하였다. 30년 동안 운영하는 동안 수익에 영향을 주는 주요 요소들을 정의하였다. 수익의 변동성을 시나리오 분석방법으로 계산하여, 경영적 유연성을 적용할 수 있는 옵션 기반 분석방법을 제시하였다. 환경생태공원 경제성분석에 필요한 이용객수, 입장요금, 체험프로그램요금, 유지관리비용 등은 국내 유사한 환경생태공원의 사례를 분석하였다. 운영 중 포기할 수 있는 옵션권리를 가지는 것으로 가정하여 옵션가치를 계산하였다. B/C는 1미만의 값이 나오고, NPV는 음수로 나와 전통적인 경제성분석방법으로는 사업을 진행할 수가 없으나, 실물옵션분석으로 평가하면 사업의 가치가 상승하여 수익성을 확보할 수 있다. NPV(-466억원)과 옵션가치(281억원)의 가격차이 747억원의 가치상승이 발생하였다. 본 연구를 통해서 환경생태용지사업을 계획하려는 공공기관 및 민간사업자의 투자담당자는 본 연구에서 제시된 실물옵션기법을 활용하여 상황에 적절한 옵션을 선택하여 경제성분석을 할 수 있도록 도움을 줄 수 있을 것이다.