Solution For Companies Research Articles

Human capital management: new factors of production in the Indonesian life insurance industry

In the current era of the Information Society, competition in any business industry is increasingly fierce. However, the lack of skilled workers is a major obstacle in increasing company production. Human Resources problems are still not enough to overcome complex problems. In the current era of modern globalization, competitive advantage is largely determined by the formation of Human Capital. The inadequate level of knowledge from theoretical and practical aspects of Human Capital Management in increasing sustainable production determines the objectives of this research and problem formulation so that solutions can be found, because the attention of developed and developing countries is currently more focused on developing Human Capital which is one of the company's solutions in Human Resources development which tends to have a significant impact on performance. This research examines Human Capital's direct impact on employee performance and becomes a new production factor in the Indonesian Life Insurance industry. The results of this research are to justify and develop that human capital management including TASK (Talent, Attitude, Skill, Knowledge) through continuous training with studies in the Indonesian Life Insurance Industry sector is a production factor that can also improve employee and company performance.

Application of the theory of stakeholders in assessing the investment attractiveness of corporate structures

Purpose of the article is to describe the authors' proposal on the use of the concept of stakeholders in assessing the investment attractiveness of corporate structures, an alternative to traditional fundamental investment analysis.Methods: the basis of the research is the expansion of ideas about the factors affecting the investment attractiveness of the corporate structure on the basis of multi-subject assessments, in accordance with the theory of stakeholders.Results: currently, the investment attractiveness of a large corporate structure is formed under the influence of a variety of financial and nonfinancial factors that depend on actions or judgments broadcast (via the media, the Internet or other modern means of communication), not only by investors, but also by other interested parties. The approach proposed by the authors to assessing investment attractiveness differs in that it is based on the need to meet the information needs of various groups of stakeholders, not just investors. To achieve this goal, two interrelated tasks have been solved in the work. Firstly, the impact of factors influenced by stakeholders on the indicators of investment attractiveness is considered. Secondly, the assessment of investment attractiveness is carried out on the basis of information about the company's solution of environmental, social and other modern tasks.Conclusions And Relevance: the approach considered in the article, which involves the use of the theory of stakeholders to study the factors that influence investment attractiveness, has practical importance for corporate structures. The authors' calculations made on the basis of open information from one of the largest Russian oil and gas companies, PJSC Lukoil, confirm the hypothesis about the correctness of using the theory of stakeholders as another approach to assessing the investment attractiveness of the company. The calculations illustrate the significant closeness of the relationship between indicators traditionally used in assessing investment attractiveness and non-financial indicators that reflect the information needs of not only investors, but also other stakeholders (employees, customers, suppliers, financial institutions, the media, environmentalists, trade unions, etc.).

SVINnovation Challenge: Fostering Innovation in Vascular and Interventional Neurology

SVINnovation Challenge: Fostering Innovation in Vascular and Interventional Neurology

Pengelolaan Risiko dalam Aliran Pasokan Bahan Baku di PT Kamas Fiberglass dengan Pendekatan Supply Chain Risk Management (SCRM)

Risk management is important in the flow of raw material supply that occurs at PT Kamas Fiberglass. The problems that often occur currently in the company were frequent delays in raw materials, sudden price changes, the quantity of incoming raw materials did not match the order, the ordered raw materials that did not exist and so on. This study identified various risks in the supply chain so that the company could manage the risks to minimize losses and became the company's solution in overcoming problems related to the supply chain of raw materials from suppliers. This research applied the Knowledge-Based System (KBS) and Failure Mode and Effect Analysis (FMEA) methods. Various initial data obtained through direct observation and interviews with key informants so that twelve (12) risks that arose were identified, Second, a Standard Operating Procedure (SOP) was created to monitor and control requests to keep them stable. Third, production management was carried out to control quality. Fourth, information sharing between supply chain partners and related parties could expedite supply flows and minimized the occurrence of misinformation.

Nanosys CEO Jason Hartlove's Quest for Quantum Dot Supremacy

Nanosys CEO Jason Hartlove's Quest for Quantum Dot Supremacy

Process of Vendor Bill Payment

The purpose of this study is to find out the vendor bill payment process, to find out the obstacles during the vendor bill payment process and to find solutions in dealing with obstacles during the vendor bill payment process. The research methodology used is Qualitative Descriptive which aims to describe the conditions and analyze the vendor bill payment process. In this study, data relating to the author's study are sourced from library studies, field studies, and documentation techniques. The results of the research on the Vendor Bill Payment Process are as follows: the vendor bill payment process at the company has been going well, starting from receiving Purchase Orders (POs) by finance staff and from purchasing staff to the finance & accounting director's signature on demand deposits and Multipurpose Forms. (FM) as an approval, payment will be made, and payment will be made by the finance supervisor. Constraints that occur during the vendor bill payment process can be overcome by fairly good solutions to the obstacles encountered, ranging from problems when receiving documents provided by purchasing staff, which are often not in accordance with the attachments or incomplete documents, staff inaccuracies. finance at the time of data input, the lack of information obtained regarding the presence of new employees or vendors, and the use of systems that have not been effective. The company's solutions to problems during the vendor bill payment process have been able to resolve existing problems in accordance with the stages of the bill payment process, but require cooperation from the relevant divisions.

FOREST WAQF STRATEGY IN PROTECTING INDIGENOUS FORESTS IN ACEH PROVINCE

Aceh's forest is a biosphere reserve, a world heritage, and a natural habitat for animals, such as the Sumatran tiger, Ceumpala Kuneng, and Sumatran elephant. However, Aceh's forests are currently experiencing a deficit related to uncontrolled land conversion, among others due to forest conversion to oil palm land, gold mining, illegal logging, and illegal new stone mining. Although Aceh's forest area as of 2019 was 2,989,212 hectares, the damage figure reached 15,140 hectares. Thus, this study aims to create a model of Aceh’s forest waqf to protect it from the natural damage caused by humans. This qualitative research utilized the ANP (Analytic Network Process) analysis tool. The study results revealed that the most important factors for Aceh's forest waqf model were components of forest waqf, companies, and the government. Forest waqf solutions include infaq and shadaqah fund solutions, waqf institutions, and full-time nazhir (waqf manager). The company's solutions encompass institutional audits, citizen patrols, and reporting. Meanwhile, the government's solution can be in the form of a limitation solution, policy evaluation, and local government involvement. Besides, the strategy of forest waqf in protecting indigenous forests in Aceh Province can be in the form of synergies between forest waqf and BAZNAS (National Zakat Amil Agency), monitoring local officials, and granting authority to local governments.

MEDIA ROLE ON IPO SHARE RETURN DURING THE COVID-19 PANDEMIC

The Covid-19 pandemic has had an impact on various sectors, particularly in the financial sector. One of the triggers is the limitation of activities from the community so that it affects business activities which have an impact on the economy. The company's solution in seeking funds is to conduct an Initial Public Offering (IPO). Companies that conduct IPO have a high risk. This is because investors tend to choose to save their funds in savings, invest in gold and foreign currencies during the pandemic. Moreover, the role of the media today is closely related to the investor decisions. The purpose of this study is to analyze the role of the media on the considerations of investors in buying IPO shares and to analyze the requirement of company performance to conduct an IPO. This study uses a sample of 52 companies that conduct IPOs from March 2020 to May 2021. Secondary data collection uses company financial statements obtained through the IDX official website and Thomson Reuters. This study finds that the role of the media has a positive effect on investors' considerations in buying IPO shares and company size, profitability and leverage ratios are required for companies to conduct IPO.

MEDIA ROLE ON IPO SHARE RETURN DURING THE COVID-19 PANDEMIC

The Covid-19 pandemic has had an impact on various sectors, particularly in the financial sector. One of the triggers is the limitation of activities from the community so that it affects business activities which have an impact on the economy. The company's solution in seeking funds is to conduct an Initial Public Offering (IPO). Companies that conduct IPO have a high risk. This is because investors tend to choose to save their funds in savings, invest in gold and foreign currencies during the pandemic. Moreover, the role of the media today is closely related to the investor decisions. The purpose of this study is to analyze the role of the media on the considerations of investors in buying IPO shares and to analyze the requirement of company performance to conduct an IPO. This study uses a sample of 52 companies that conduct IPOs from March 2020 to May 2021. Secondary data collection uses company financial statements obtained through the IDX official website and Thomson Reuters. This study finds that the role of the media has a positive effect on investors' considerations in buying IPO shares and company size, profitability and leverage ratios are required for companies to conduct IPO.

The Role of Adaptive Vision AI in Autonomous Machine Vision

AbstractAmerican singer‐songwriter Woody Guthrie once said that any fool can make something complicated, but it takes a genius to make it simple. This is the philosophy that guided the team at Inspekto to create adaptive vision AI (AV‐AI), the technology at the core of the company's solutions. AV‐AI technology merges three different AI‐based engines to deliver the most autonomous vision inspection systems currently on the market.

The impact of Logistics 4.0 on corporate sustainability: a performance assessment of automated warehouse operations

PurposeThe purpose of this study is to gain a better understanding of the impacts of Logistics 4.0 initiatives (focusing on automated warehousing systems) on the economic, environmental and social dimensions of firms' sustainability performance. To achieve this objective, a new framework for the assessment of sustainable warehousing in the 4.0 era is developed.Design/methodology/approachThe framework, developed via the item-objective congruence index, Q-sort method and interviews with experts, is employed to assess performance changes through management interviews in two warehousing companies after the implementation of automation technologies.FindingsMost aspects of both companies' sustainability performance are considerably improved (e.g. productivity, accuracy, air emission, worker safety and supply chain visibility); however, the outcome for some criteria might be worsened or improved depending on each company's solutions and strategies (e.g. increasing electricity bills, maintenance costs and job losses).Practical implicationsThe findings provide insight into the effective implementation of warehousing technologies. The proposed framework is also a valid and reliable instrument for sustainability assessment for warehousing operators, which companies can utilise for self-assessment.Originality/valueThis paper contributes to establishing a body of literature that explores the previously unclarified effects of Logistics 4.0 on firms' sustainability performance. The proposed framework, which captures critical concerns of corporate sustainability and technological adaptation, is also the first of its kind for warehouse performance assessment.

The in‐house logistics routing problem

AbstractIn this work, we consider the internal logistics processes in the car assembling company SEAT S.A (where SEAT is Sociedad Española de Automóviles de Turismo). We focus on the design of the supplying routes from the warehouse toward the workstations along a production line. The in‐house logistics routing problem (ILRP) can be seen as an extension of the classical vehicle routing problem considering special features such as long‐term fixed routes, unknown orders, backorders, and homogeneous fleet. To solve the ILRP, we propose an integer linear programming (ILP) model and a simulation‐based iterated local search (SimILS) algorithm. We conduct two computational experiments. The first experiment analyzes the methods' performance, and the second experiment compares the SimILS results with the current company's routes, considering real data provided by SEAT S.A. The results show that the SimILS provides the best overall results overcoming both the ILP approach and the current company's solution, leading to a significant improvement in the company's processes.

Capitalism's renaissance? The potential of repositioning the financial ‘meta-economy’

This paper examines whether the prevailing model of capitalism with its hallmark financial markets is the most productive and stable investment system to underpin the global economy into the future. It returns to the creation of the stock market in 1602 to examine the stock market's origin without the presumption of its respectability. Often considered the genesis of modern corporations and contemporary financial markets, its venerable status is questioned. The instability of the system, established incidental to the Dutch East India Company's solution for financing East Indies voyages and never intended as a model for global capitalism, is found to be insurmountable. Rather than extrapolating the current trajectory of capitalism, an alternative future based on the expansion of productive primary economic activity, is considered. A movement that is evolving spontaneously around innovative lending to expand business enterprises in the primary economy offers the possibility of this alternative future with goals other than amassing capital, more akin to the economic model that originally funded the Renaissance.

Usability and Benefits of a Telehealth Pilot for Older Adults: Via a Service-Learning Technology Partnership

INTRODUCTION According to the Centers for Medicare & Medicaid Services (CMS), growth projections for U.S. health spending is estimated at 5.8% from 2012-2022. Healthcare costs continue to rise, and is projected to grow 1% faster than the Gross Domestic Product (GDP) (CMS, 2012; National Research Council, 2010). This has resulted in healthcare access disparity with nearly 48 million Americans without health insurance in 2012 (DeNavas-Walt, Proctor, & Smith, 2013). There are numerous factors that are driving healthcare cost changes, including the aging population and longer life expectancy. LITERATURE?REVIEW Most of the U.S. senior population is reported to suffer from multiple chronic conditions, i.e., hypertension, coronary hypertension, coronary, heart disease, stroke, diabetes, cancer, arthritis, hepatitis, weak or failing kidneys, chronic obstructive pulmonary disease, or current asthma (Ward & Schiller, 2013). Other factors include the shift from acute care to chronic care (Nahm & Mack, 2013). However, Today, the system is largely impersonal and reactive; we typically visit a doctor when an illness or accident has already occurred. In the years to come, healthcare will become far more personalized, and will focus more on prevention (Castaldo, 2011). Use of telehealth technology has been shown to be very effective for monitoring large numbers of patients with chronic disease conditions with personalized care plans (Polisena, Coyle, Coyle, & McGill, 2009). Telehealth provides a comprehensive array of interventions based on the regular gathering of data points, conceivably inspiring healthy diet and exercise (Bashshur et al., 2009). The telehealth is one of many growing healthcare service delivery market. In this case study, Vital Care was established when it became evident there was a need to implement cost-effective solutions for health and wellness care delivery that would be personalized to individual needs in their own living settings. The company's solutions ensure that patients stay healthy, follow their designed care plans, and avoid costly hospital readmissions and emergency room (ER) visits. Using advanced, portable, consumer friendly telehealth technology, healthcare providers can interact with their remote-location patients as often as necessary, and implement a customizable regimen to match each patient's individual needs. The innovative telehealth software running on commercial tablets is simple to operate for patients with no prior computer experience. These Wi-Fi or 4G enabled cellular tablets relay vital sign measurements, personalized daily questions, medication reminders, and clinical advice immediately through encrypted and Health Insurance Portability and Accountability Act (HIPAA) compliant messaging from secure servers (Affordable Health Care, 2013). The patient can be connected anywhere and at any time to a healthcare provider. BACKGROUND As part of a service-learning course, Intergenerational Computing, students choose a term project, primarily based on current needs of community partners. Vital Care Services was one of many community partners offering projects to the class. Vital Care wanted to explore older adult usability with their telehealth products by launching their first pre-pilot. Some objectives of the research included the acceptance of technology by the older adults, as well as their ability to learn the procedures for the vital sign readings. Students voluntarily selected this community partner for their project. Students in the intergenerational computing class choose a community partner from a variety of nursing homes, assisted living, independent living, adult day care, and senior centers to conduct weekly-customized computer literacy training sessions with the self-selected paired older adults. For this telehealth project, the choice dwelling arrangement was assisted living because of convenience and economically feasibility. …

What I Learned about Hiring Top Technical Talent

The ability to recruit exceptionally talented and capable management leaders is possibly the purest form of exceptional entrepreneurship and the key to organizational success. The correlation between today's most successful technology companies and their executive team is clearly the founder's ability to hire world-class leadership and management. Here are ten lessons I learned during 11 years consulting and recruiting for Larry Ellison, co-founder and chairman of Oracle Corporation, and several of the gifted entrepreneurs and CEOs spawned by the house that Larry built. The post-Oracle successes of people like Tom Siebel, founder and chairman of Siebel Systems, Marc Benioff, Salesforce.com founder and chairman, Bernard Liautaud, founder of Business Objects (SAP), and Marten Mickos, CEO of start-up MySQL, are a tribute to Ellison's recognition that Oracle's success was tied directly to the quality, intellect and ferociousness of its leadership. Up until 1992 every leadership role at Oracle required his personal hiring review and endorsement. Lessons Learned 1. Hire intelligent, driven people - These are the type-A over-achievers with an inbred fear of failure personality. You are clearly looking to hire people far more capable than yourself-people who are driven to prove to themselves and their peers. players hire A players, and B players hire C players. You spot these prospects by asking deep questions about their roles, their company's mission, and how they sought to fulfill their company's vision. Ask how they accomplished their mission. Look for strategic thinkers seeking to improve their employer's systems, processes and results. Ask what they actually accomplished while in their roles. Look for details accurately articulated, teamoriented descriptions versus the I did it by myself conceit. Look for people striving to continually improve themselves and their personal reach a la lessons learned. Look for those who give credit to their subordinates and other colleagues. 2. Hire evangelistic believers . -These are people who believe in your industry, your products and services. They see and get the full value proposition for customers. Of course, you need to establish that key accomplishments, appropriate education and relevant industry experience are a good fit for the position, but a genuine, burning passion for your company's solutions and offerings far outweigh lesser duties. Ask your candidate to describe your company and its products. You'll get a quick sense of how well your candidate prepared for your meeting and how likely he or she will prepare for critical company/customer meetings. Well-placed passion is a key ingredient for a long-term successful hire. 3. Hire ethical, high-integrity players - Ask situational ethics questions pertaining to such sensitive topics as personal integrity, revenue recognition, customer side letters, sexual harassment, customer promises, hiring preferences, etc. This is well worth taking some time to fully explore with every prospective new leadership hire. Not only do you sift out the marginally ethical, but you also send a clear message of your company's ethics expectations. Seek out candidates who are employed by highly ethical and successful companies. They'll bring that same sense of ethical behavior to your company. 4. Check references - You learn a great deal about a company, its management style, processes, and the prospective candidate's actual work ethic through good reference checking. good way to verify a candidate's credentials during the initial interview is to ask for organizational functions and responsibilities, and who held them within the candidate's last position. Take accurate notes of names and titles mentioned. These will generally not be the same names provided as references. If the candidate deserves serious consideration, first ask for a list of references so that you have permission to check references in general; then, pursue those individuals who worked closely with your candidate to verify actual work responsibilities, work style, leadership skills, communication skills, performance, etc. …

Toward a practical solution for capturing knowledge for software projects

Rarely has a professional field evolved as quickly as software development. Software organizations are continuously struggling to keep abreast of new technologies frequently changing customer requirements; and increasingly complex software architectures, methods, and tools. Recently, many organizations have come to understand that to succeed in the future, they must manage and use knowledge more effectively at individual, team, and organizational levels. Efficient creation, distribution, and reuse of up-to-date knowledge are critical success factors that unfortunately remain difficult to achieve in practice. Knowledge-sharing events between group members have proven to be a better way of sharing knowledge than the database, but the results of these events could never be packaged and reused for future projects. One company's solution was to develop a needs-based approach that would deliver knowledge just in time.

Practice of Management Science—GYMJAC: One Company's Solution to a Classical Problem in Group Planning and Decision-Making

GYMJAC is a family of computer simulation models, devised by Schreiber technical staff, with the active participation of the managers, who now use the models to aid in planning and decision-making. The models are used to evolve basic profiles of the production facilities required to meet variable sales volumes under a wide variety of possible operational conditions. The name “GYMJAC” is Schreiber's. It points to the genesis of, and original motivation behind the models. Quite simply, the models were intended to serve as a gymnasium (GYM) in which the Schreiber plant manager referred to in this article, Jack (JAC), could exercise, test, and improve his thinking about facilities requirements. The system employed for model building was the Interactive Financial Planning System, IFPS. The models are stored by, and accessed through a contract time-sharing service. They are used on-line in an interactive or conversational mode, and the format of each model is designed so that a manager can work with it directly with little or no assistance. He converses with one or more of the models until he is confident that the information obtained suits his needs. Although this article describes the overall structure and workings of the system as a whole, its main purpose is to report the GYMJAC experience at Schreiber. The authors feel that the ingredients which made this experience possible—problem situation, management attitudes, design philosophy—are of general interest, and that they may well help others with a similar problem situation to see new light at the end of the tunnel.