Managerial Productivity Research Articles

Is ChatGPT a source to enhance firms’ strategic value and business sustainability?

Purpose This study aims to investigate the effects of three dimensions of ChatGPT strategic value – organization support (OS), managerial productivity (IM) and decision aids (DA) – on the business sustainability (BS) of Malaysian public universities. Design/methodology/approach A quantitative methodology was adopted for this study to examine the relationships between ChatGPT strategic value and the BS of Malaysian public universities. Findings The study found that two dimensions of ChatGPT strategic value, namely, OS and IM, influence BS, whereas DA do not. Research limitations/implications To the best of the author’s knowledge, this study is the first to address the relationship between ChatGPT strategic value and BS in a specific context – Malaysian public universities – providing new contributions to theory by extending the literature on the topic. Practical implications The findings are expected to guide universities in Malaysia in leveraging ChatGPT strategic value for enhancing BS. Originality/value To the best of the author’s knowledge, this empirical study is the first in the literature to examine the relationships between ChatGPT strategic value and BS in the education sector. Supported by an original conceptual model, the insights provided should extend the literature dedicated to ChatGPT strategic value and BS in the context of a South Asian economy.

Research Methods – is Agile different ?

: The fourth industrial revolution was a radically new round in the evolution of many processes in society, including management processes. The digital revolution has provoked the development of new management models and concepts. Agile manufacturing is one of such managerial production concepts that meets modern challenges and requirements of the business environment. Literature review as a research method plays an important role in the studies. This paper presents a systematic literature review of the papers published in SCOPUS and Web of Science database about agile manufacturing since 2000. Specifically, we aim at analysing the research methods on this very popular topic on the economy and management. We believe that by defining the methods used in the agile field we may understand the nature of the research. It is well known that agile manufacturing methods are meant to be upfront in terms of efficiency, but in this paper we want to make a review on research methods to check how research has been made. Therefore, we believe this research is useful for scientists and practitioners

ОСОБЕННОСТИ ОЦЕНКИ ЭФФЕКТИВНОСТИ УПРАВЛЕНЧЕСКИХ РАСХОДОВ

Methodological support for evaluating the effectiveness of management expenses has been im-proved – an indicator of managerial productivity has been proposed and tested – net profit per one ruble of expenses for the remuneration of managerial personnel

Transparency in Hierarchies

ABSTRACTWe use an agency model to address the benefits and costs of transparency in a hierarchical organization in which the principal employs a manager entrusted with contracting authority and several workers, all under conditions of moral hazard. We define the principal's transparency choices as a decision to allow workers to observe their coworkers’ performances (observability) and as an investment in monitoring worker performance (precision). We find that whereas precision alleviates agency conflicts as expected, observability can exacerbate agency conflicts, especially if the manager's interests are misaligned sufficiently with those of the principal. Our results suggest several testable hypotheses including predictions that opaque performance measurement practices are well suited for small organizational units at lower hierarchical ranks, and in settings where the sensitivity‐precision of the available measures is low, workers’ performances are correlated positively, and managerial productivity is modest.

PENDAMPINGAN WIRAUSAHAWAN MENUJU UMKM BANGKIT KEMBALI PASCA PANDEMI DI YOGYAKARTA

The Covid-19 pandemic has not only had an impact on health problems, but has penetrated the economic and business sectors. One of those affected by this outbreak is UKM "Dermayu Catering Jogja". This condition caused problems including (1) Orders decreased because events involving crowds of residents were prohibited and employees were unable to pay. (2) Not yet optimal marketing by utilizing information technology, managerial production processes that have not been stable after the vacuum due to Covid-19, have not been able to keep production and sales bookkeeping. The solutions offered are through mentoring and training on market mapping and targeting, production and marketing managerial, financial accounting, as well as digitalization and standardization of product quality. Through mentoring and training for partners, the realization of Entrepreneurs is formed in the UKM "Dermayu Catering Jogja" which has risen, is able to compete, and produces better products than before. Entrepreneurs rise and recover more quickly after the pandemic situation that hit Indonesia. This can be seen in post-training, mentoring and monitoring of Dermayu catering Yogyakarta, acceptance of catering orders has increased. Another indicator of the increase in the number of turnover of catering orders, partners have opened kiosk outlets displaying products produced by Dermayu Catering. Keywords : Catering, Pandemic, SMEs, Rising Entrepreneurs.

Examining the direct and indirect effects of perceived usefulness and perceived resistance on managerial productivity in the Malaysian ship and maritime industry

ABSTRACT Terminal operators, haulers, shipping agents, port authorities, the marine department, and the customs department all use real-time systems and the internet to run their businesses. But after a few years of using this technology, there are some problems, like managers who do not do their jobs well, which hurts the image of organisations that use this technology. Moreover, sales and returns on investment in technology are not worth it. Hence, the article examines potential factors that contribute to the success of using technology. For instance, the current study will examine the direct and indirect effects of perceived usefulness and perceived resistance on managerial productivity in the Malaysian ship and maritime industry. Based on 357 responses, the current study indicates that task technology fit affects perceived usefulness. Following that, as managers recognise the utility of technology, they will employ it to enhance their managerial productivity. In comparison, when a technology task is not fit for purpose, it affects perceived resistance, technology resistance, and finally, manager productivity. This is likely the first study to examine technology's beneficial and detrimental effects on managerial productivity. The findings shed light on how Malaysian ship and maritime players operate.

The governance of E-waste recycling networks: Insights from São Paulo City

Electronic waste is an environmental problem because its production volume exceeds its recycling capacity. Academic and managerial production affirm two reasons: (a) dominant market logic and; (b) unresolved asymmetries among actors, causing conflicts to work together. Following the qualitative methodology, we investigate the e-waste situation in São Paulo City. The results allow us to propose that governance constructed by local actors could be a thoughtful way to promote e-waste recycling. Examples from around the world sustain this proposition. The theoretical principle is that the social process of constructing the mechanisms for collective action can solve challenges because the rules, roles, and actions are discussed and assumed by the actors working together. We present a matrix of indicators to be used in future studies in order to refine the proposition of constructed governance.

Managerial Production of the Morning Live Chat Broadcast Program in Maintaining the Existence of Rri Pro 2 Jakarta

Managerial Production of the Morning Live Chat Broadcast Program in Maintaining the Existence of Rri Pro 2 Jakarta

Underlying Factors of the Use of E-Commerce by SMEs in Tanjung Lesung

This study aims to analyze the factors that the SME onwers in Tanjung Lesung need to promote their products through e-commerce. This study employed a quantitative method, presenting 23 questions anticipated to provide insight into the research problem. This study purposively selected 300 samples of small and medium-sized business owners who use the internet to sell their products. The results show that the management relationship between productivity and actual behavior revealed a favorable relationship between perceived usefulness and actual behavior, but a negative relationship between external pressure on actual behavior and organizational support for actual behavior. The study's limitations included the impact of internet usage via e-commerce on small and medium-sized businesses. Keywords : Actual Behavior, External Pressure, Managerial Productivity, Organizational Support, Perceived Usefulness

Spiritual intelligence and emotional intelligence on employee performance: analysis of organizational citizenship behavior as a mediating variable

The importance of OCB as behavior outside of the responsibility greatly affects the effectiveness of the organization, namely helping to increase the productivity of colleagues, managerial productivity, efficiency of organizational resources, reducing the level of need for the provision of organizational resources, can increase the stability of organizational performance and increase the ability organizations to adapt more effectively to changes in their environment. This study aims to analyze the mediating effect of OCB in influencing spiritual intelligence and emotional intelligence on employee performance. This study uses an explanatory research approach with data collection carried out simultaneously in one stage or cross-sectionally through a questionnaire.The population used in this study were all employees of the Regional Inspectorate of Maluku Province as many as 85 people. The method of determining sample is full sampling. Data were analyzed by path analysis that modified form of regression analysis in which the independent variables studied not only directly affect the dependent variable, but it can also affect these variables indirectly. The results showed that : spiritual intelligence has a direct effect on employee OCB, emotional intelligence has a direct effect on employee OCB, OCB has a direct effect on employee performance, spiritual intelligence has a direct effect on employee performance, emotional intelligence has a direct effect on employee performance and OCB mediates the influence of spiritual intelligence and emotional intelligence on performance.

The Impact of Trade Competition on Managerial Incentives and Productivity

We study a model of monopolistic competition with firm heterogeneity –in terms of productivity- in which firms provide incentives to managers to reduce marginal cost. In our model managerial incentives are endogenously determined by firm’s productivity and the intensity of competition. We show how tougher competition, generated by large market size or trade, induces stronger incentives to reduce marginal cost for the more-productive firms while the opposite holds for the less-productive firms; this further affects the selection of heterogeneous producers into the domestic and foreign markets. Aggregate productivity growth is decomposed in two sources, within-firm growth and between-firm growth, a decomposition that has not been theoretically analyzed before. We provide a useful theoretical model to analyze how exposure to competition leads to firm productivity growth and how this further affects aggregate performance measures and selection.

MEKANISME TATA KELOLA PERUSAHAAN, PERSAINGAN PASAR PRODUK DAN KINERJA PERUSAHAAN

The board of directors represents the interests of shareholders and monitors management on a wide range of agency matters. Board independence remains an important aspect of board monitoring among regulators worldwide. Several theoretical studies investigate the effect of corporate governance and some effects of competition on firm performance but the aim of this study is to examine the effect of corporate governance mechanisms on firm performance and to examine the effect of interaction between corporate governance mechanisms and product market competition on firm performance. The population in this study are all companies listed on the Indonesia Stock Exchange in 2017-2019. The variables of corporate governance mechanisms used in this study are independent commissioners and managerial ownership and product market competition as moderating variables. The sampling method in this study was purposive sampling. The company criteria used are companies listed on the IDX in 2017-2019 except for the financial sector. There are 711 data that fall into the criteria. Multiple regression analysis and moderate regression analysis (MRA) were used as analysis techniques. The results showed that independent commissioners had no effect on company performance, while managerial ownership had a positive effect on company performance. The results of the interaction effect of corporate governance mechanisms and product market competition on company performance indicate that product market competition has a significant positive effect on the relationship between independent commissioners and company performance. Product market competition has a significant positive effect on the relationship between managerial ownership and company performance on company performance.
 Keywords: Firm Performance, Independent Commissioner, Managerial Ownership, Product Market Competition

Banking Governance Parameters Differentiated by size: Impact on Agency Cost

Large banks and small banks can impact agency costs differently. The current study considers a panel data of 30 Indian banks before the merger to reveal the relationship between agency cost and board composition using panel regression models. The agency cost is reflected in three measures: Asset turnover ratio, free cash flow and leverage ratio. Board composition is sub-divided into three groups: board structure, board independence and board diversity. The finding of the study for large banks shows that former CEO, number of employee representatives on board, independent chairperson, CEO duality, bank age and size impacts agency cost. On the other hand, for small banks, results prove that bank age, employee representative on board and CEO duality significantly affects agency cost. Therefore, in the current Indian context of banking merger and governmental directives to increase lending to micro, small and medium enterprises, the focus should be shifted more on increasing managerial productivity and increasing leverage. Hence, the emphasis should not be on increasing governmental representatives on the banking board but to enhance bank governance quality and its monitoring. To this end, the current article can potentially provide valuable insights for sustainable and real economic outcomes.

КОМПЬЮТЕРНАЯ СИСТЕМА АНАЛИЗА ПРОМЫШЛЕННЫХ ДАННЫХ ДЛЯ ОЦЕНКИ СОСТОЯНИЯ ЭКСТРУЗИОННОГО ОБОРУДОВАНИЯ В ПРОИЗВОДСТВАХ ПОЛИМЕРНЫХ ПЛЕНОК

A computer system was described for evaluating the extrusion equipment state based on the analysis of data from large-capacity, multi-assortment production of polymeric films. It includes a subsystem for industrial data analysis and evaluation of state parameters of extruders. It also includes a module for calculating the clearance between extruder barrel and screw – as the clearance characterizes wear – a module for calculating dependability measures of extruders, a data and knowledge bank on characteristics of the extrusion stage, a visualization subsystem for plotting parameter trends and displaying advices on elimination of extruder element malfunctions. The system adjusts to a different assortment of polymeric films and types of extruders; it allows us to evaluate the extrusion equipment operating life and to make advice for managerial production staff on elimination of malfunctions that lead to increased vibration and wear of equipment. Testing of the system according to the data of calender and extrusion productions of polymeric films in Russian and German plants confirmed its operability and possibility of its using as advisor to operators. The use of the system allows us to save the extrusion equipment operating life and reduce its production downtime, contributing to an increase in the throughput and quality of the end product.

The agency problem revisited: a structural analysis of managerial productivity and CEO compensation in large US commercial banks

The paper analyzes performance, incentives, and the inefficiencies that may arise due to agency problems and market power using a newly developed panel of large US commercial banks that have too-big-to-fail nature. We use a structural model to characterize managerial efficiency, which complements technical efficiency in standard stochastic frontier models. We incorporate managerial decisions, bank-specific characteristics, and market competition in deriving managerial efficiency. Data on the 50 largest commercial banks in the USA during 2000 and 2017 are collected from the Call Reports and are matched with CEO compensation from S&P’s ExecuComp database. The paper connects empirical evidence with economic theory and contributes to the literature on efficiency and management. The ultimate goal is to better understand the linkages among managerial performance, CEO compensation, and the size and scope of bank operations. Current results point to robust empirical findings. Economies of scale have steadily declined throughout the period and are not positively related to managerial performance and CEO compensation. The size of a bank does not seem to be justified by the evidence in that larger banks offer larger bonuses and tend to have lower managerial efficiency and diminishing scale economies.

МЕТОДИЧЕСКИЕ ПОДХОДЫ ФОРМИРОВАНИЯ ИННОВАЦИОННЫХ И ИНВЕСТИЦИОННЫХ ПРОЕКТОВ В ЛЕСНОМ КОМПЛЕКСЕ

The modern forest complex of the Russian Federation needs systemic transformations aimed at transforming its organizational and managerial foundations and production and technological models into an innovative format. The relevance of this target setting is confirmed by the fact that our country has a very high potential for the development of the forest complex (1/4 of all wood reserves are concentrated in the country), but in the world market our products are sold mainly in the form of raw materials, that is, with a very low added value. Modern scientific approaches, as well as axiomatic and hypothetical methods of cognition were applied in the work. In the course of the study, the main features of the innovative development of the domestic forest complex were considered, the main factors that prevent the formation of an effective innovation environment (exo - and endo-level) were identified. The state measures on activation of innovative potential and development of branch productions are worked out, the assessment of the key problems characteristic for a domestic forest complex and their reasons is carried out. Also, direct and indirect criteria of determination (cause-and-effect relations) are established between the latter, a scheme-model of formation of the innovative environment of the forest complex is developed. The paper proposes promising directions of innovative transformation of the forest complex of the Russian Federation taking into account its features / conditions of operation, risk factors and uncertainty, the existing potential and reserves, key issues and shortcomings in terms of organization, management and production.

Subordinate evaluations of high-performance managers

PurposeThe study investigated the factors considered by subordinates when evaluating the productivity of their managers, in addition to how those factors influenced such feedback.Design/methodology/approachA questionnaire survey was conducted among participants. The results were processed using a cluster analysis (K-means method), the Mann–Whitney U test and the χ2-Pearson test.FindingsThe survey results were used to categorize managers as highly productive, moderately productive, or lowly productive. Recommendations for how to increase productivity were then determined.Research limitations/implicationsThe implication of our study in perspective research lies in particular in showing the mediating character of constructive feedback in subordinates' viewing manager efficient. As for practice, knowing subordinates' feedback makes it possible for an organization to influence the quality of supervisor-subordinate dyad. DTEK company has already put into practice the results of our study into corporate education and learning. In particular, recommendations for how to increase productivity (through giving constructive feedback, time to talk in private to an employee and expressing gratitude for good work) are discussed.Practical implicationsThe results indicated that highly productive managers tended to professionally develop both themselves and their subordinates. They provided subordinates with constructive feedback as well as the opportunity to talk in-person. These managers were also experts in the activities performed by their subordinates and showed gratitude for their accomplishments.Originality/valueThis study examined managerial efficacy as reviewed by subordinates. A theoretical analysis was conducted to outline the factors typically associated with managerial productivity (e.g. interpersonal skills, synchronizing projects, technical knowledge and handling work-related frustration).

Analisis Iklim Keselamatan Kerja dan Pengaruh Karakteristik Responden pada Bagian Produksi di PT. X

This study aims to analyze the work safety climate in the production section of the X Company, crumb rubber industry in Padang City. Respondents were workers in the production section which consists of managerial, wet and dry production. The workers were interviewing and filling in the questionnaire namely a questionnaire with the Nordic Occupational Safety Climate Questionnaire (NOSACQ-50) method. The NOSACQ-50 method consists of 7 dimensions, Research shows that the value of work safety climate in 7 dimensions are 3.31; 3.30; 3.17; 3.28; 2.98; 3.33 and 3.21 and has an average value of 3.23 which is a very good category on a scale of 3-4. There is one dimension, namely the fifth dimension which is still in the good category of 2.98. The characteristics of respondents include age groups, years of service, education, job titles and work sections. Each group of respondents' characteristics was proven to have an influence on work safety climate where there were significant differences in perceptions between groups. The solutions for improvement based on safety climate measurement are to increase knowledge about work safety, takes strict action to implement the use of PPE in the production area, and make periodic checks on all production equipment.

Improving the Economic Mechanism for Increasing Labor Productivity in Agriculture

The article is devoted to the problems of increasing labor productivity in agriculture in Kazakhstan. It explores the growth trends in labor productivity in the agricultural sector and presents a comparative analysis of individual factors that directly affect labor productivity indicators. The article considers the reasons for the lag of Kazakhstan in terms of labor productivity from developed countries, provides a detailed analysis of the level and dynamics of labor productivity in agriculture in Kazakhstan. The authors of the article calculated indicators of the dynamics of labor productivity and indices of the physical volume of gross agricultural output. Comparative indices of labor productivity in the economy, production of goods and agriculture are presented, an algorithm for analysing the efficiency of labor use of workers in the industry and assessing the reserves of growth in labor productivity were given. The aim of the work is to study the prevailing level of labor productivity and determine ways to increase it and the production efficiency of the agricultural sector. The differentiation of the use of the concepts of labor productivity and the productivity of the economic system was substantiated. The productivity of the economic system in accordance has a broader interpretation and includes the whole set of economic processes, such as labor productivity, marketing, managerial productivity and the creation of new products with high consumer qualities. The goals and objectives of labor productivity at the enterprise level was carried out, areas of responsibility at different managerial levels were decomposed.

WAYS OF INFLUENCE ON INNOVATION AND INVESTMENT POTENTIAL OF AGRICULTURAL ENTERPRISES AND ASSOCIATIONS

Introduction. The constant development of agricultural enterprises ensures their competitiveness and efficiency. Priority areas of economic growth are formed taking into account world experience and enshrined in relevant government documents. The growth of innovation and investment potential of agricultural enterprises is a priority of public policy. The purpose of scientific research is to develop areas of influence on the innovation and investment potential of agricultural enterprises and their associations. Results. The main consequences of the innovative direction of the agrarian enterprise development are outlined. The connection between capacity building, development and the level of enterprises competitiveness is characterized. The expediency of taking into account the new requirements for creating the enterprise potential in the process of their innovative development is substantiated. The necessity of using systemic and structural approaches is proved in the process of researching the innovative potential of an agricultural enterprise. The conditions for the formation of profits of agricultural enterprises are described. The compromises are outlined that should be taken into account by the managers of agricultural enterprises in the process of technical and technological selection. The impossibility of using outdated organizational and managerial production tools in modern economic conditions is substantiated. The shortcomings of the existing approaches to the formation of the organizational structure of the agricultural enterprise are noted. Innovative types of enterprises are characterized. The role of staff in the innovative development of the enterprise is noted. The main trends are outlined and ways to attract investment in agriculture are proposed. Conclusions. Insufficient domestic investment resources necessitate the intensification of investment processes in agriculture. Investment support does not play a decisive role at this stage of development of the domestic agricultural sector. Innovative support of agricultural enterprises is characterized by negative interdependencies: insufficient funding leads to a decrease in production, which is the result of declining investment attractiveness of agricultural enterprises. Keywords: investments, innovation and investment potential, agricultural enterprise, innovative development, investment attractiveness, competitiveness.