Global Hypercompetition Research Articles

ENTERPRISE ECOSYSTEM AND SUSTAINABLE DEVELOPMENT: IMMANENT INTERDEPENDENCE

Global hypercompetition necessitates the development of new models of business collaboration among economic entities. Enterprise ecosystem is one form of organization and support for entrepreneurship that facilitates the transition from competition to cooperation among business entities. The article explores various theoretical approaches to defining the concept of ecosystem that enabled to propose the author’s interpretation. It is substantiated that the entrepreneurial ecosystem offers optimal pathways and effective tools for fostering innovation and economic growth, grounded in the principles of sustainable development. A comparative analysis of organizational models of activity is conducted. Compared to other organisational models, the ecosystem entails the transformation of hierarchical management mechanisms, giving rise to a dynamic environment facilitating the free exchange of knowledge, information, resources, technologies, and competencies. The synergistic model of the enterprise ecosystem within the framework of sustainable development is proposed. The model exhibits several characteristic features: cross-industry interaction, which maximizes synergies more effectively than corporate ties; diversification of activities with a focus on lean innovation; emphasis on environmental sustainability and the commercialization of developments; flexibility of business processes; autonomy of participants and adherence to voluntary cooperation principles. The article substantiates the key improvement strategies that enterprises should implement to achieve synergistic effects and sustainable development goals within the enterprise ecosystem.

『조직과 인사관리연구』에 게재된 인사관리 분야 논문 분석 및 향후 연구방향 제언

This study attempts to analyze the articles published in the Korean Journal of Organization & Human Resource Management from 1980 to May 2022, and to suggest for the future research directions. The total number of published articles in the journal is 297. This paper suggests the main characteristics of articles and research trends depending on themes and phases. More specifically, the main themes can be classified into general human resource management/ strategic human resource management, recruitment/selection and turnover practices, employee evaluation practices, compensation practices, human resource development, global human resource management & development, job, and etc. Moreover, the phases can be divided into 1980-1990s (the Asian financial crisis), 2000s (the glabal financial crisis), and post-2010s (global hyper-competition). In addition to descriptive statistics, this study tried to analyze the research trends by utilizing untypical text mining with Python. Furturemore, this study suggests the global research trends by using SciVal of Elviser. Based on these findings, in the discussion part, this study suggests future research directions in the human resource management field.

Humanitarian and Technological Revolution: Assessment of the State of Readiness for the Transition to a New Technological Layout

In the context of the current heat of global hypercompetition for the future, technological and social transformations, the deployment of the digital economy, the scale of the penetration of artificial intelligence into all spheres of life, the formation of human-centered and other models of the economy, including the model of Society 5.0, One of the priority issues on the agenda is assessment of the state of readiness of the transition to a new technological order. In this context, the article defines the conceptual framework for monitoring the readiness of the transition to a new technological order. The main obstacles that impede the receipt of complete and comprehensive information about digital transformation in the economy and its effectiveness, the scale and consequences of the introduction of artificial intelligence and technologies of the sixth technological order in the economy and the social sphere are identified. The analysis of the current state of scientific and technological development for a number of indicators is presented.

Assessment of the synergetic efficiency of industrial companies reengineering processes

The relevance of the research topic is due to the fact that in the conditions of increasing global hypercompetition, it is necessary to modernize production processes on the basis of synergetic reengineering of business processes, production, technological and organizational systems. The purpose of the research is to develop practical recommendations for evaluating the effectiveness of project-synergetic reengineering processes in the system of industrial transformation of industrial companies. In this regard, the author puts forward the concept of development of industrial companies on the basis of project-synergetic reengineering of production and technological systems and business processes, and also offers a methodological assessment of the synergetic efficiency of reengineering projects, taking into account the receipt of synergetic effects. The information and empirical basis of the research is based on legislative and regulatory acts of the Russian Federation, materials of Rosstat, regional statistical services, as well as the results of the author’s original research. The practical significance of the results of this study is that the proposed program-target methodology for designing reengineering processes will cover all the links of creating innovations from generating ideas to their implementation in mass production, eliminate gaps and institutional traps, overcome barriers and reduce transaction costs in industry.

The key elements of cultural intelligence as a driver for digital leadership success

In today‘s globalized economy, being successful in an industry almost necessarily implies an international approach of doing business. Restricting one’s economic activities to the domestic market will ultimately lead to disadvantages in comparison to multinational companies which are able to grow rapidly in emerging markets. The digital transformation further increases the possibilities for companies that operate across national borders and has become the enabler to serve customers all around the world and increase the responsiveness of the business in all areas. At the same time this fact further increases the pressure on companies driving global hypercompetition. In order to survive in this globalized, hypercompetitive world companies need to embrace the opportunity and internationalize their business. One of the main tools for successfully operating in different business cultures is the ability to manage the workforce in an international environment. Not only the foreignness of the new markets a company is operating in but also the different cultures of the team members are challenging modern leaders. The concept of cultural intelligence (CQ) provides the toolset to manage a diverse workforce from various cultural backgrounds within one organizational framework. CQ will be explained and its importance for digital leadership will be discussed. Especially when communication across borders and interaction between members and customers from different cultural background happens in real-time it is important to understand and interpret behavior correctly and communicate or act with a high and flexible cultural awareness. This is where the paper will line out that CQ has become an important tool for leadership success in a digital world and will explain the key elements of CQ with the highest influence on leadership in this digital setting.

Fast flex: Strategic design for industrial real estate in the age of corporate agility

In view of global hypercompetition and technological change, the strategic management literature observes a shift away from competitiveness based on long-term competence to that based on flexibility. As corporations adopt strategies of corporate agility in production and distribution, they often respond by divesting themselves of fixed landholdings. They increasingly outsource their space needs to real estate developers who act as space providers. While this trend occurs in both office and industrial properties, it is less understood in the latter. Industrial land developers must now quickly (“fast”) adjust properties to fulfill the corporate clients’ demand for flexibility (“flex”). Sites, physical structures, and contracts have to be designed to foster rapid transition from one occupant and building configuration to another and to serve multiple submarkets and client preferences.

Cultural Indoctrination and Management Education Curriculum

As organizations are increasingly confronted with the need to engage with stakeholders from a variety of different cultural backgrounds, the need to understand the ways in which cultural imperatives play into individual and collective performances becomes increasingly important. These cultural traditions exert immense influence on business issues ranging from consumer behavior to management. This article examines the need for management education to establish an introductory course on cultural indoctrination (CI) for business students in an era of global hypercompetition. CI is defined as the process of inculcating ideas, attitudes, and cognitive strategies during the transfer of cultural traditions from one generation to the next with the expectation that such traditions will not be questioned in the future. This article introduces the CI concept and subsequently suggests how it should be incorporated into a university curriculum focusing on factors that promote convergence in international management contexts.

Глобальна інноваційна гіперконкуренція та її вплив на діяльність вітчизняних страхових компаній

Глобальна інноваційна гіперконкуренція та її вплив на діяльність вітчизняних страхових компаній

English as a Foreign Language Teaching and Productivity in Global Hypercompetition

The global marketplace is characterized by various changes occurring in economic, social, natural, and technological areas. As such, experts in numerous fields are still working to revise various systems and infrastructures to operate in a robust manner within the new realities of today. This article focuses on part of that massive effort by examining the methods used in teaching English as a Foreign Language (EFL) in non-English speaking countries and its potential impact on long-term economic sustainability and productivity since English remains the global business language. The article commences with an introduction to the realities of contemporary globalism that underscore the very purpose for this work, and the subsequent sections present and then synthesize all material to create a paradigm shift in thinking required for teaching EFL in non-English speaking nations.

Internationalization of Science-Based Start-Ups: Opportunity or Requirement?

The current economic context is characterized by a global hypercompetition. The modern entrepreneurial approach is, therefore, more and more focused on the identification and actualization of new opportunities, like emerging on the international scene, rather than being based on a rational combination of know-how and of marketing expectations. Nowadays, the phenomena of internationalization affects every type of organization: private and public, for-profit and nonprofit, and large and small. As a consequence of the above, international entrepreneurship (IE) has recently emerged as a research field and this article aims at exploring some its implications. IE may be considered a set of new and innovative activities aiming at the creation of value and growth beyond national borders, by the combination of innovative, proactive, and risk-seeking behaviors that crosses national borders. In this context, we focus on a specific case: knowledge-based firms. In order to achieve this scope, after a preliminary section delineating the research field, we have developed our study in a number of steps that approach the research topic. Firstly, we explore and summarize the literature about research on the emerging area of international entrepreneurship. Then, we present the accumulated knowledge stemming from the relationship between knowledge and internationalization, looking at the phenomena of international start-ups. After this, we explore international entrepreneurship by academic context, identifying the main factors that influence the choice of the market on the part of the knowledge-based firms. Lastly, we characterize knowledge-based entrepreneurship as a virtuous combination of knowledge and entrepreneurship. Finally, we draw conclusions identifying the factors able to boost capacities for such expansion of firms originating from innovation and that have operations suited to a widely ultra-national context.

Cultural Indoctrination in Global Hypercompetition

This article examines the potential influence of cultural indoctrination (CI) on international management and corporate performance today in an era of global hypercompetition. The specific organizational function targeted in this work is international human resource management (IHRM). As organizations are confronted with the need to engage with stakeholders from a variety of different cultural backgrounds, the need to understand the ways in which cultural imperatives play into individual and collective performances becomes increasingly important. Based on an encompassing literature review, this article examines the following seven factors which should be included in CI: Child Development, Cultural Institutionalization, Cultural Intelligence, Social Learning Theory, Religion, Social Capital, and Values Orientation Theory (VOT). It is from these factors that a conceptual framework is developed for potential future application in IHRM theory and practice.

Mehr Iran Bank's Performance Evaluation Using EFQM Excellence Model

The role of assessment systems in organizational excellence today is well-known in the business world. Performance assessment in organizations to identify strengths and weaknesses to make optimal use of resources has special significance. The changing needs of customers and stakeholders, competition, constant changes in laws and regulations, and reliance on traditional methods will not result in enhanced performance within global hypercompetition. Therefore, it has become necessary to employ models which possess the ability to evaluate organizations' present situation for strategic planning. In this regard, the EFQM Model is known as one of the most comprehensive performance evaluation tools. This study uses a descriptive-analytical survey method to evaluate Mehr Iran Bank's performance based on the EFQM Model. Research instruments in this survey include a personal details questionnaire and a special questionnaire. The SPSS software and the Kolmogrov-Smirnov test have been used to analyze data and check the normality of the variables, respectively.

Alpha societies and requisite variety: a projected framework for governance, education, and work in the 21st century

Purpose– The purpose of this article is to define a framework for projecting future leading-edge alpha societies based on the principle of requisite variety. Alpha societies are advanced as a platform for creating future forms of work and workforce preparation premised on continuous creativity, invention, design and innovation.Design/methodology/approach– The principle of requisite variety is presented as the basis for a structured schema that incorporates trends and developments in anticipatory behaviors, systems thinking, creativity, design and innovation to produce a strategy for continuous leading-edge learning and performance.Findings– Growing global hypercompetition requires real-time ability to create and deliver world-class ideas and value-adding products and services in the shortest possible timeframes. This challenge requires societies, enterprises and individuals that are capable of continuously expanding and expressing their internal variety and complexity while rapidly decreasing the gaps between learning and doing.Research limitations/implications– The principle of requisite variety has been well known to cybernetics and systems communities since 1956. However, literature linking the principle of requisite variety to the future of learning and work is not well developed.Practical implications– This article establishes requisite variety generation as a valuable resource for twenty-first century societies and economies engaged in producing leading-edge outcomes.Social implications– The requisite variety framework developed in this article is intended to enhance the ability of leading-edge societies to continuously leapfrog existing educational, social and economic trajectories.Originality/value– The author defines the future of education and work in terms of enhancing individual, enterprise and societal abilities to absorb, generate and exploit variety, complexity and ambiguity.

Corporate political activity, social responsibility, and competitive strategy: an integrative model

Many tensions exist within thenexusof corporate social responsibility, competitive strategy, and political activity. Previously, these aspects of strategic management have been considered in relative isolation or at best in pairs. Accordingly, an attempt is made here to set out a general strategic problem of the corporation, in which all three aspects are combined. This project reveals a particular need to explicate the political assumptions held by or on behalf of the corporation. Examples might include the classical liberal model, global hypercompetition, or variants of the stakeholder model. The project also reinforces the broader notion that when one adopts the perspective of a corporate strategist, one can sometimes find potentially productive ways of reframing issues in ethics, economics, and politics.

Diversity management in transcultural organizations

This paper demonstrates the importance of global organizations to develop and incorporate motivational Cultural Intelligence (CQ) programs into their Diversity Management (DM) policies within the context of Strategic Human Resource Management (SHRM). This paper also elucidates workforce diversity in a transcultural context via evidence from empirical research and current corporate practices. Most business organizations today must successfully navigate in a constantly changing environment because of global hypercompetition to be sustainable. Effective DM within the context of SHRM is a key component of this goal. This paper synthesizes motivational CQ, the growing global skills gap, DM “Best Practices,” and Third Culture Individuals (TCIs) into a discourse not generally covered in the extant literature on DM.

Globalisation and corporate real estate strategies

PurposeThe purpose of this paper is to examine the impact of globalisation on corporate real estate strategies. Specifically, it seeks to identify corporate real estate capabilities that are important in a hypercompetitive business climate.Design/methodology/approachThis paper utilises a qualitative approach to analyse secondary data in order to identify the corporate real estate capabilities for a hypercompetitive business environment.FindingsGlobalisation today is an undeniable phenomenon that is fundamentally changing the way business is conducted. In the light of global hypercompetition, corporate real estate needs to develop new capabilities to support global business strategies. These include flexibility, network organization and managerial learning capabilities.Research limitations/implicationsThis is a conceptual paper and future empirical research needs to be conducted to verify the propositions made in this paper.Practical implicationsGiven the new level of uncertainty in the business climate, that is, hypercompetition, businesses need to develop dynamic capabilities that are harder for competitors to imitate in order to maintain what is considered a “momentary” competitive advantage. The findings of this paper are useful to guide corporate real estate managers in this regard.Originality/valueThis paper is original in two ways. First, it applies the strategic management concept of capabilities to corporate real estate. Second, it links the key challenge that businesses face today, i.e. globalisation, to the concept of capabilities as a means to maintain competitive advantage.