Key Competitiveness Indicators Research Articles

БЕНЧМАРКІНГ ЯК МЕТОД ДЛЯ ПОКРАЩЕННЯ ДІЯЛЬНОСТІ ПІДПРИЄМСТВА

The article emphasizes the importance of improving management processes at the enterprise, using new approaches. Emphasis is placed on the need to master benchmarking technologies and their effective use. It is highlighted that the assessment of the firm's competitive status is formed by determining the level of the firm's strategic potential at each stage of its life cycle of competitive advantage. It is emphasized that at the current stage there is no consensus on the definition of the essence of benchmarking. Various definitions of the term "benchmarking" have been proposed. The statements of both domestic and foreign scientists are analyzed. A proper statement of the term "benchmarking" is proposed and its optimal meaning is determined. The main purpose and goals of benchmarking are highlighted and it is emphasized that the objects of benchmarking can be methods, processes, technologies, quality parameters of products,and indicators of financial and economic activity of the enterprise. The importance of taking into account the main principles of benchmarking, which determine its effectiveness, is emphasized. The main principles of benchmarking are proposed and the interpretation by the authors is analyzed. The main stages of benchmarking are highlighted and the interpretation of the stages by scientists is given. It is emphasized that conducting a benchmarking comparison requires focusing on key indicators of competitiveness. It is important to note that the benchmarking approach can be applied both independently and with the participation of a team of consultants. The positive consequences of the application of benchmarking are business improvement, awareness of the comparative state of the enterprise, obtaining a strategic advantage, and increasing the level of organizational knowledge. It is emphasized in the conclusions that benchmarking, as a tool, allows you to compare performance indicators and identify the strengths and weaknesses of the enterprise. In the perspective of further research, the introduction of practical application of benchmarking is envisaged in order to increase the effectiveness and logic of business processes and increase competitiveness.

Human capital as the main source of socio-economic growth of the country

The modern stage of development of postmodern society is characterized by the growing role ofeducation, training and general human culture. Based on a study of the economies of all countries, expertsfound that only 16% of economic growth is provided by physical capital, 20% – natural and 64%– human capital. The success of developed countries is determined by their attitude to human capital,from the point of view of public policy. Investments in the social sphere, previously considered nonrefundableexpenses, are now considered as investments in the future prosperity of the country. The purpose of the article is to determine, based on world experience, the role of human capital inthe context of socio–economic growth of the country and the consequences of the Covid-19 pandemicin its development.Over the years of independence, Kazakhstan has achieved economic success by increasing oil andgas exports and increasing productivity. However, in recent years, our country has lagged behind insome key indicators of competitiveness. In addition, the COVID-19 pandemic has seriously underminedKazakhstan’s achievements in human capital development. The author examines the investment policyof the human capital system of developed countries and comes to the conclusion that in order to achievesustainable growth of the country’s economy, modernization of the human capital development systemis necessary.The research area of the article involves the use of interdisciplinary approaches to study the problemand fulfill the set goals and objectives. To ensure the complexity of the study, it is proposed to use acombination of economic, statistical, systemic and comparative analysis.Analyzing the world experience, the authors made a number of proposals to improve and developthe country’s human capital as the main factor of socio-economic growth.The value of the conducted research lies in the possibility of their use in the development of a scientificand methodological basis for decision-making in the field of human capital management in theface of negative scenarios of the situation, as well as in the development of a policy of socio-economicdevelopment of the regions of Kazakhstan, the strategy of sustainable development of Kazakhstan.Key words: human capital, economic growth, social development, investments, national values,development strategy.

An innovative approach to forecasting the impact of online promotion factors on key competitiveness indicators of economic entities

Aim. The presented study aims to identify online promotion factors that affect company sales, to determine the degree of correlation between them, and to investigate their impact on revenue; to develop an algorithm for forecasting the impact of these factors on key competitiveness indicators of economic entities.Tasks. The objective of this study is to improve the efficiency of online promotion by digitalizing the process of forecasting the impact of online promotion factors on key competitiveness indicators of economic entities.Methods. The authors use the systems and logical approaches, as well as correlation and regression, factor and variance analysis.Results. A five-factor regression equation is developed to quantify the effectiveness of the innovation policy of online development of economic entities and to forecast the impact of online promotion factors on its competitiveness. An algorithm for forecasting this impact on key competitiveness indicators of economic entities is proposed. The obtained results can be used in the enterprise’s concept of innovation policy development and implementation.

Financial and Non- Financial Key Competitiveness Indicators (KCIs) for New Small-Medium Private ousing Development Firms From the Malaysian Perspective

The aim of this study is to identify the key competitiveness indicators (KCIs) for new small-medium housing development firms within the starting period of the operation. Through mean analysis of surveys from 49 top level management of small-medium housing development firms in the East Coast Region of Peninsular Malaysia, this study identified and ranked 13 indicators which are a combination of financial and non-financial KCIs for the new small-medium sized housing developers. The finding shows that the highest rank is an indicator of the relationship with the local authority/ government/ planning department/ banks/ customers, followed by indicators of entrepreneurial values, strategic partners, increase of sales, cash flow, expansion of finance channels and cash liquidity, scientific and rational use of capital budgeting and planning capabilities, profitability, investment analysis and orientation in the project feasibility stage, conducting sensitive risk prediction, assessment and response capacity, housing policy information and information channels, diverse range of capital, and lastly land reserves. The firms essentially identify and understand their KCIs in order to survive for the long-term whereby the successful survival of these firms may improve the healthy development of the industry. Lastly, this empirical finding can recommend to the top level management of small- medium firms that to fully utilize their internal and external firm resources in order to achieve and gain more competitive advantages.

Identifying the key competitiveness indicators for construction contractors

Identifying the key competitiveness indicators for construction contractors

ПОКАЗАТЕЛИ КОНКУРЕНТОСПОСОБНОСТИ В ПРОГРАММАХ РАЗВИТИЯ ВУЗОВ

Most higher education systems set goals for improving competitive positions of national universities as a means to enhance country’s competitiveness. The purpose of the article is to analyze development programs of Russian universities for the availability of competitiveness indicators in them. The content analysis method was used for studying the development programs and strategies of 81 Russian universities by all groups and categories, and further comparison of results with 6 key competitiveness indicators (educational activities, graduates’ employment, research and development, research and innovations, staffing, differentiating characteristics, strategic vision of the university future development) for identification of differences and providing recommendations on strategic planning. As a result, it was revealed that most universities that belonging to the categories of federal, national research and core universities do not pay enough attention to their positioning, target audience identification and strategic vision of the university future development. The main shortcomings in the application of competitiveness indicators were identified and the recommendations that would help universities to analyze past success and to set up the future planning were formulated.

Financial and Non-Financial Key Competitiveness Indicators (KCIs) for New Small-Medium Private Housing Development Firms from the Malaysian Perspective

The aim of this study is to identify the key competitiveness indicators (KCIs) for new small-medium housing development firms within the starting period of the operation. Through mean analysis of surveys from 49 top level management of small-medium housing development firms in the East Coast Region of Peninsular Malaysia, this study identified and ranked 13 indicators which are a combination of financial and non-financial KCIs for the new small-medium sized housing developers.

The state of innovation in European agriculture: Innovators are few and far between

Innovation and adoption of innovation are considered key indicators of competitiveness and sustainability. Analysing data from 821 farms from eight Member States of the European Union in the frame of the EU Framework 7 project FLINT, this study provides an insight into the different adoption rates of fi ve types of innovation in agriculture across Europe and suggests the potential effects of different factors, including farm type and farm size, subsidies and age, on farmers’ decision to innovate.

An investigation of key competitiveness indicators and drivers of full-service airlines using Delphi and AHP techniques

The purpose of this study was to identify and prioritize the key competitiveness indicators and drivers of full-service airlines. To achieve this, the study used a two-phase, sequential exploratory mixed methods research that was initiated with a qualitative phase (Delphi technique), and followed by a quantitative phase (Analytic Hierarchy Process technique). The results of the qualitative phase revealed that full-service airlines need to pay attention to the 12 key indicators and 15 key drivers to evaluate and improve their competitiveness status, respectively. The key identified indicators include quality, safety, price, connectivity, timeliness, flight frequency, profitability, productivity, cost, market share, customer loyalty, and revenue growth, and the key identified drivers are including bargaining power of customers, bargaining power of suppliers, rivalry among existing competitors, government policies, physical resources, financial resources, human resources, technological resources, reputational resources, flight operations capabilities, engineering and maintenance capabilities, marketing and services capabilities, finance and property capabilities, personnel capabilities, and strategic alliances. Further, the results of the quantitative phase demonstrated that profitability is the most important key competitiveness indicator, closely followed by productivity. It was also found that generally bargaining power of customers is the most powerful key competitiveness driver, and followed by financial resources. However, the results revealed that the ranking of the key competitiveness drivers with respect to each indicator differs significantly. The findings of this research provide important implications for the evaluation and improvement of the competitiveness status of full-service airlines.

, --------------- C (Key Indicators of Competitiveness of Armenia, Moldova, and Tajikistan in the Light of Economic and Trade Cooperation with CU)

Russian Abstract: В данной статье рассматривается относительная конкурентоспособность Армении, Молдовы и Таджикистана по основным торгово-экономическим характеристикам по отношению к странам-членам Таможенного союза. Авторами проведен анализ основных торговых показателей данных стран и индексов, отражающих конкурентоспособность. Согласно различным показателям конкурентоспособности, Армения, Молдова и Таджикистан находятся в худшем положении, чем страны ТС и ЕЭП. При этом некоторые отдельные ориентированные на экспорт отрасли являются конкурентоспособными. Показано, что вступление в Таможенный союз может негативно сказаться на экономиках этих стран из-за повышения тарифов до уровня ЕТТ ТС.English Abstract: This article examines the relative competitiveness of Armenia, Moldova and Tajikistan, according to their main trade and economic characteristics towards the member countries of the Customs Union. Authors analyzed the main trading indicators of these countries and the indexes reflecting their competitiveness. According to various indicators of competitiveness, Armenia, Moldova and Tajikistan are inferior to the CU countries and the CES. However, some individual-oriented export industries are competitive. It is shown that the accession to the Customs Union can adversely affect the economies of these countries because of tariffs increaseby the level of CCT CU.

Key competitiveness indicators for new real estate developers

PurposeThe paper aims to explore the key competitiveness indicators (KCIs) that provide the guidelines for helping new real estate developers (REDs) achieve competitiveness during their inception stage in which the organisations start their business.Design/methodology/approachThe research was conducted using a combination of various methods. A literature review was undertaken to provide a proper theoretical understanding of organisational competitiveness within RED's activities and developed a framework of competitiveness indicators (CIs) for REDs. The Delphi forecasting method is employed to investigate a group of 20 experts' perception on the relative importance between CIs.FindingsThe results show that the KCIs of new REDs are capital operation capability, entrepreneurship, land reserve capability, high sales revenue from the first real estate development project, and innovation capability.Originality/valueThe five KCIs of new REDs are new. In practical terms, the examination of these KCIs would help the business managers of new REDs to effectively plan their business by focusing their efforts on these key indicators. The KCIs can also help REDs provide theoretical constructs of the knowledge base on organisational competitiveness from a dynamic perspective, and assist in providing valuable experiences and in formulating feasible strategies for survival and growth.

Contractor Key Competitiveness Indicators: A China Study

A proper method to assess contractor competitiveness is important both for assisting clients in the selection of proper contractors and for assisting contractors in the development of more competitive bidding strategies. Previous studies have identified various indicators for assessing contractor competitiveness, and several assessment methods have been introduced. Nevertheless, these studies are limited because they are unable to tell which indicators are more important in different market environments. This paper identifies the key competitiveness indicators (KCIs) for assessing contractor competitiveness in the Chinese construction market. An index value is used to indicate the relative significance of various competitiveness indicators based on which KCIs are identified. The data applied in this study are from a survey of the construction industry in mainland China. The research findings provide valuable information for both existing businesses and the construction professionals who plan to compete for construction works in the Chinese market. The study provides useful references for further studies that compare the KCIs used in the Chinese construction industry and those used in other construction industries.

Colonisation and competitiveness of Aspergillus and Penicillium species on maize grain in the presence of Fusarium moniliforme and Fusarium proliferatum

The effects of different steady-state water activity levels ( a w, 0.93, 0.95 and 0.98) and temperature (15 and 25°C) on colonisation patterns of Aspergillus and Penicillium spp., when colonising irradiated maize grain in the presence of Fusarium moniliforme and Fusarium proliferatum were assayed in terms of populations (colony forming units, CFUs g grain −1), seed infection and colonisation rates. The activity of F. moniliforme and F. proliferatum in grain reduced the presence of Aspergillus flavus, Aspergillus niger, Aspergillus ochraceus to some extent, particularly at 15°C and higher water availabilities (0.95–0.98 a w). In contrast, colonisation patterns of Penicillium implicatum on maize grain were unaffected by either Fusarium spp. in terms of CFUs or seed infection. Correlations were made between CFUs, seed infection, growth rates and niche overlap indices and hyphal interactions to try and link key indicators of competitiveness and dominance by an individual species.