Efficient Organization Research Articles

Accounting and analytical support for managing the financial condition of an organization: A case study of XYZ Corporation

Effective management of an organization's financial condition necessitates comprehensive accounting and analytical support systems. This paper examines the role of accounting and analytical tools in facilitating informed decision-making and strategic planning within organizations. It explores how financial data is collected, processed, and analyzed to provide insights into the financial health of an organization. Additionally, the paper discusses various accounting methods, financial ratios, and performance indicators commonly utilized in assessing an organization's financial condition. Furthermore, it investigates the significance of budgeting, forecasting, and variance analysis in monitoring and managing financial performance. The discussion underscores the importance of integrating accounting and analytical support systems into the management framework to optimize organizational efficiency, mitigate risks, and enhance financial stability. Through a thorough examination of these principles, organizations can achieve greater transparency, accountability, and sustainability in their financial operations.

ANALYZING THE PROCESSES OF ANALYTICAL PROCESSING OF INVENTORY ACCOUNTING INFORMATION FOR THE PURPOSE OF ACCOUNTABILITY

Topicality. The importance of financial and management reporting in enterprises plays a greater role in the effective presentation and control of resources. These reports allow for more efficient organization and rapid adjustment of business management processes, taking into account the importance of backup data. Aim and tasks. This research will examine in detail the theoretical importance and analytical use of reserve data in financial and management reporting. This article provides information on inventory accounting and how it is important for an enterprise, threats that may arise as a result of improper accounting, and the theoretical importance of analytical accounting. Materials and methods. Data Collection, literature review, policy implications were used in the study. Analytical accounting offers analysis and evaluation of inventories by material types and prices. This includes analysis of material movements, evaluation of material types, diversification, identification of safety points and management of material operations. Analytical analysis results contribute to the determination and development of material management policy. Research results. The greatest advantage of the article is that it combines the theoretical and practical aspects of analysis and emphasizes the value of analysis, reflecting important steps and practical tips for material resource management and production process analysis. This helps to develop the material handling process in an effective and safe manner. Conclusion. The accounting of the quantity of materials is carried out by the persons responsible for the material in the warehouse accounting book according to the first documents. The balance of materials as of the 1st of each month is transferred from the warehouse accounting book to the balance table by the accounting staff or the warehouse manager. Then the balance sheet is reconciled with the data of the synthetic account. Thus, in the application of the balance method, accounting does not repeat the work that would be done by materially responsible persons for accounting of materials, and instead organizes control over their work.

Developing Methodological Tools to Estimate Efficiency of Research Organization Divisions

Appraisal of any organization efficiency is an important element of detail studying the key indicators of business activity. As a rule such appraisal is based on the whole set of standard quantitative indices. Today there are no reliable methodological tools to estimate efficiency of research organization divisions, which could allow us to identify real problems and therefore to enhance their work. A lot of methods for estimating organization efficiency were proposed, however the majority of them do not take into account specific features of research organization and their division functioning. Due to this fact, we face the necessity to work out the system of key indicators, which could provide a general idea about the divisions’ standing and their possible problems and give an opportunity to control attaining the set goals. The author elaborated methodology of assessing the efficiency of research organization division work based on expert appraisal of indices of both quantitative and qualitative analysis.

Digital Transformation of Enterprise Human Resource Management Enabled by Big Data

With the continuous development of big data technology, the digital transformation of enterprise human resource management has become a development trend. Human resources is one of the most important resources of enterprises, which is crucial to the competitiveness of enterprises. Enterprises need to attract, retain, and motivate excellent employees, thereby enhancing the innovation ability of enterprises and improving competitiveness and market share in the market. To maintain advantages in the fierce market competition, enterprises need to adopt more scientific and effective human resource management methods to enhance organizational efficiency and competitiveness. At the same time, this paper analyzes the dilemma faced by enterprise human resource management, points out the new characteristics of enterprise human resource management enabled by big data, and puts forward feasible suggestions for enterprise digital transformation.

IMPROVING THE ORGANIZATIONAL EFFICIENCY OF MANUFACTURING ENTERPRISES - THE ROLE OF DIGITAL TRANSFORMATION, RESOURCE PLANNING (ERP), AND BUSINESS PRACTICES

Purpose: An ERP system's primary goal is to improve an organization's organizational efficiency by controlling and optimizing the use of its resources. Method: Both quantitative and qualitative data are combined in the mixed-methods methodology to provide a comprehensive understanding of the subject. To assess the degree of ERP deployment and digital transformation, quantitative data will be gathered. On the other hand, the subtleties of business operations and the interactions between these variables will be investigated using qualitative data. Result and Conclusion: This study offers a thorough grasp of how ERP systems, business processes, and digital transformation can improve organizational effectiveness in manufacturing companies. It advances the field by emphasizing the value of integration and providing useful takeaways as well as recommendations for further study in the quest of manufacturing's operational excellence. Implication of Research: Examine the issues surrounding data privacy and cybersecurity as well as potential solutions in the context of digital transformation and ERP system integration. Originality/Value: Examine how industrial companies are now adopting digital transformation. Evaluate ERP systems' contribution to manufacturing operations optimization. Examine how different business practices affect the effectiveness of an organization.

Furthering a social justice mission

Portia Allen‐Kyle's career has focused on advocacy and driving meaningful change. Her work has involved advancing equity through nonprofit organizations, government, and academia. Currently Chief of Staff and Interim Head of External Affairs at Color of Change (COC), an online racial justice platform, she works to advance the organization's vision, impact, and efficiency.

Human Resource Management in a Syari’ah Economic Perspective

The majority of Indonesia's population is Muslim, making it necessary to have designs that consider religious aspects in increasing efficiency and harmony in organizations. This research aims to review how human resource management is viewed from a sharia economic perspective. The research method used was qualitative research with data collection carried out through literature study (library). The research results show that Human Resources Management (HR) in the context of sharia economics has a significant positive impact on organizations and employees. Based on the principles of the Koran and Hadith, this management increases employee responsibility, integrity and trust. Islamic values such as honesty, justice, transparency, and a passion for self-improvement motivate employees to work with full commitment, increase productivity, and strengthen loyalty to the organization. Overall, the application of sharia principles in HR management not only provides benefits in improving organizational performance and efficiency, but also has a positive impact on the spiritual and moral welfare of employees and creates a harmonious, productive and ethical work environment.

Business Management in the Information Age: Use of Systems, Data Processing and Scalability for Organizational Efficiency

Abstract: This article reviews the challenges and opportunities facing companies in business management in the era of information. Challenges in managing large volumes of data, emerging trends in cybersecurity, and companies' ability to adapt to the digitalized environment are analyzed. The methodology used includes an exhaustive search of articles in indexed journals and the application of inclusion criteria to select 50 relevant articles. Key findings include obstacles in data management, the increasing sophistication of cyber threats, and business adaptation strategies such as digital transformation and the integration of emerging technologies. In conclusion, the importance of addressing these challenges and leveraging the opportunities presented by technology to enhance business efficiency and competitiveness is highlighted.

IDENTIFICATION AND WASTE REDUCTION IN THE FURNITURE INDUSTRY THROUGH LEAN OFFICE

Objective: This study aims to investigate the identification and elimination of inefficiencies within the furniture industry, with the overarching goal of enhancing operational effectiveness and productivity. Theoretical Framework: Drawing upon principles from Lean Manufacturing and Lean Office, this research emphasizes the critical role of waste reduction and process optimization within organizational contexts. Key theoretical underpinnings include Lean Thinking, Value Stream Mapping, and Strategies for Waste Elimination. Methodology: Employing a case study approach, this research examines the implementation of Lean Office principles within a small-scale furniture manufacturing company. Data collection methods encompass document analysis, direct observation, and interviews with key stakeholders. Specifically, the study focuses on analyzing ten projects undertaken over the past 18 months, assessing their complexity and impact on operational efficiency. Results and Discussion: Findings reveal a substantial 82.5% reduction in waiting time following the adoption of Lean Office principles. This reduction translates to enhanced customer service, improved product quality, and cost savings. The discussion section contextualizes these findings within the theoretical framework, highlighting implications and identified relationships, while also acknowledging potential discrepancies and limitations. Implications of the Research: The practical and theoretical implications of this study provide valuable insights into strategies for operational enhancement within the furniture industry. These insights extend to areas such as process optimization, waste reduction, and organizational efficiency, with potential applications across various sectors. Originality/Value: This study contributes to the existing literature by demonstrating the effectiveness of Lean Office principles in addressing inefficiencies within administrative environments. Its innovative approach to operational improvement underscores its relevance and potential impact on organizational practices.

The Effect of Information and Communication Sector Employees' Person-Environment Adaptation on Their Attitudes Towards Work: The Mediation Role of Organizational Trust

The effect of person-environment fit on the work attitudes of employees in the information and communication sector throughout Turkey is important in terms of organizational effectiveness and efficiency. In this context, the degree to which person-environment fit affects organizational trust and organizational trust on attitude towards work can also make a difference in employees' motivation and performance. For this purpose, an integrative model was developed and tested, suggesting that organizational trust mediates the effect of person-environment fit on employees' attitudes towards work. While developing the research hypotheses, they were based on the Condition Dependency Theory (CBK). The analysis of the data obtained with the applied survey method was made with SPSS 24.0. T Test and ANOVA method were used to measure the relationship between scale scores. Process analysis was applied for the mediation test, a model was created for each sub-dimension of person-environment fit and the mediating effect of each sub-dimension of the organizational trust mediator variable was examined. The analysis results showed that person-environment fit has an effect on attitude towards work and organizational trust has a mediating role in this effect. The findings support the developed research model. According to the analysis results, trust in colleagues was seen to be a strong determinant. In addition, it was determined that trust in the manager did not play a mediating role in any of the sub-dimensions of attitude towards work in the effect of person-environment fit on attitude towards work.

Nietzsche’s three metamorphoses of the spirit and Schopenhauer’s primordial suffering: an organizational culture change model redefining spirituality in the workplace

PurposeThe paper redefines workplace spirituality (WS/WPS) by transcending the existential vacuum (in psychiatric terms a sense of lack of meaning of human existence and thus of work), leading to the development of workplace creativity, productivity and satisfaction, targeting operational profitability and organizational optimization.Design/methodology/approachSpirituality is analyzed philosophically, following the Nietzschean definition in response to Schopenhauer’s primordial suffering. Philosophical syncretism yields a viable organizational culture change model of spiritualizing the workplace. For this purpose, specific techniques are proposed which are combined with those already applied to various large companies and organizations.FindingsSpirituality in the workplace acts as a catalyst for developing beneficial qualities by increasing employee job satisfaction, organizational efficiency and business profitability, when equally responding to stakeholders’ needs.Practical implicationsThe suggested change model holistically fosters organizational, operational, individual and collective effectiveness through work place spirituality redefined.Originality/valueFor the first time spirituality in the workplace is discussed under a brand new perspective, resulting in an interdisciplinary emerging model, contributing to the field by providing guidance to academics and practitioners to its auspicious implementation through organizational culture change.

Role of Communication in Achieving Organisational Efficiency: A Study of Veritas University, Abuja

Role of Communication in Achieving Organisational Efficiency: A Study of Veritas University, Abuja

Impacts of Human Resource Management Strategies on Entrepreneurial Innovation

This research article examines the impact of HR management strategies on entrepreneurial innovation, focusing on High-performance management, High Involvement Management, and High Commitment Management. High-performance work systems improve organizational efficiency and effectiveness, while high-involvement HRM practices enhance dynamic capabilities. The study uses quantitative methodology to assess the effects of HRM strategies on entrepreneurial innovation, with High-Performance Management HRM having the highest association (44.855) and High Involvement Management having the least (18.632).

Enhancing Job Satisfaction and Productivity through Knowledge Management Infrastructure: A Case of Construction Industry

This study rigorously investigates the influence of knowledge management infrastructures (KMI) on employees’ job satisfaction (JS) within the Iranian construction sector. It specifically investigates how structural, cultural, and technological facets of KMIs affect this satisfaction. The research adopts a quantitative methodology, utilizing established measurement tools from Gold et al. for KMIs and Hackman and Oldham for JS. The empirical Information was gathered via a survey distributed to stratified random sample of 150 employees and managers from five diverse construction firms in Iran. Examining the collected data with the Partial Least Squares Structural Equation Modeling (PLS-SEM) approach, the study presents nuanced insights. It identifies that while cultural and technological infrastructures of KMIs significantly contribute to JS, the structural infrastructure does not exhibit a similar impact. Additionally, demographic factors such as age and professional experience were found to be non-contributory in the dynamics between KMIs and JS. However, gender and educational background emerged as significant moderating variables. Remarkably, employees with advanced academic qualifications reported higher satisfaction, likely due to the alignment of specialized knowledge with their professional roles. This research contributes to the current knowledge base by outlining the distinct components of KMIs that bolster JS in the construction industry, thereby offering a targeted framework for industry practitioners and policymakers to enhance employee well-being and organizational efficiency.

Enhancing Cooperation inHEI Mergers

Higher education institutes (HEIs) have sought efficiency through mergers and consolidations. These bigger units have been studied regarding organizational culture, performance and efficiency but rarely from an individual perspective. In this study, we focus on a micro-level examination of how the people of the merging organizations make sense of the new organization’s strategy and the cooperation required to implement it. The collaboration of recently consolidated HEI is studied by interviewing 18 employees with different positions. We applied systematic methodology for conducting qualitative analysis research. The findings indicate that clearly expressed strategy and purposeful goal-setting combined with a certain level of flexibility help employees implement strategy and cooperate with their new colleagues. However, the goal of cooperation must be genuine, which requires resources, clear roles and honest praise after success. The study contributes to HEI merger literature by highlighting the means and roles of individuals in coping with the uncertainty caused by the merger of two previously independent organizations.

Assessment of organization efficiency using an integrated model of EFQM-network data envelopment analysis

Assessment of organization efficiency using an integrated model of EFQM-network data envelopment analysis

Discuss the effect of the Third Organizational Efficiency Theory on Society and Economic growth via Corruption axes frustration by a non-linear model Corruption aspects benefits)

Discuss the effect of the Third Organizational Efficiency Theory on Society and Economic growth via Corruption axes frustration by a non-linear model Corruption aspects benefits)

Unlocking team excellence: The transformative power of work engagement, career commitment, and role innovation Amidst conflict

Organizations increasingly recognize the importance of work engagement and career commitment. Yet, how these factors operate within teams remains unexplored in the current literature. This study aims to uncover how conflict and innovation influence engagement and career commitment in teams. We conducted a two-wave survey involving 196 managers and 873 subordinates from Sri Lankan manufacturing firms. As expected, higher work engagement is linked to greater career commitment and role innovation. Interestingly, role innovation was more pronounced during elevated task conflict. While task conflict enhanced the connection between work engagement and role innovation, it also positively impacted career commitment. Thus, the findings confirm role innovation's mediating role between employee engagement and career commitment and reveal task and relationship conflict as moderators in this relationship. This research expands on the Broaden and Build theory by emphasizing the greater importance of task conflict intensity in teams than previously recognized. Additionally, the study highlights that low conflict levels detrimentally affect teams, offering fresh insights for managerial considerations. By enhancing our understanding of team dynamics, this study contributes to improved organizational efficiency and positive outcomes.

Livable cities in the global south: Buenos Aires city in the new normal

Purpose Social sciences have discussed the host–guest relation from many theoretical lenses and perspectives. Violence as well as local crime has been studied as one of the major risks concerning tourism security. Anyway, less attention was given to homeless people and their interaction with foreign or local tourists. The purpose of this paper is oriented to explain how globalization has winners and losers, in which case, as noted, thousands of persons are excluded from the formal labor marketplace or the economic system year by year. Design/methodology/approach This is a conceptual paper that discusses critically not only the recent advances of sociology in urban tourism but also the connection between homeless people and tourists. Findings There is an urban underclass formed by those who have been excluded from the economic system. What is more important, such an underclass situates nearby luxury hotels and tourist destinations creating serious contradictions or zones of disputes. These contradictions have been approached by different sociologists since the turn of the 20th century. Research limitations/implications The question of sustainability, as well as the idea of liveable cities, and the efficient organization of the city, have occupied a central position in the academic debate, above all after the COVID-19 pandemic. In the present paper, the authors put in dialogue the contributions of Marc Auge with Zyggy Bauman toward a new understanding of this postmodern phenomenon. Originality/value Based on the metaphor of vagabonds and tourists, we give a snapshot of the problem of homelessness in Buenos Aires city and its effects on the tourism industry. Unlike other English-speaking countries where the cities are actively organized by the state, Buenos Aires city lacks a planned program to regulate and relocate homeless people. They dwell in nonplaces nearby tourists sleeping in the streets near luxury hotels (but for sure escaping any planning or governmental control).

Governance and efficiency in Chinese foundations

AbstractThis study examines the impact of governance on the efficiency of nonprofit organizations and the relationship among different governance mechanisms. Using a dataset of 3496 Chinese foundations from 2011 to 2015, we find that internal governance, external donor governance, and external governance environment are significantly and positively associated with foundations’ efficiency. Importantly, substitutional relationships exist among these governance mechanisms. Financial reporting quality is a major channel through which governance influences efficiency. Furthermore, the positive association between governance and efficiency is more pronounced for small foundations than for large ones and for noneducation‐focused foundations than for education‐focused ones. This study offers practical guidance for foundations to improve their efficiency by enhancing both internal and external governance and will be of interest to foundation leaders, donors, and policymakers.