Modern Management Technology Research Articles

Risk Typologies and Their Mitigation in Banking: A Study of Azerbaijani Banks

Abstract This paper explores the typologies of risks in the banking sector and examines the strategies employed to mitigate them, with a focus on Azerbaijani banks. The study identifies key risk categories, including credit risk, market risk, liquidity risk, and operational risk, each of which plays a critical role in the financial health and profitability of banks. The research highlights that credit risk, driven by loan defaults, remains the most significant concern for Azerbaijani banks, while market risks, particularly from currency fluctuations, also pose major challenges. Effective risk mitigation strategies, including collateralization and diversified lending practices, are essential to maintaining stability in this emerging market. Additionally, the study emphasizes the importance of integrating modern risk management technologies and adhering to international regulatory standards. Azerbaijani banks that adopt advanced monitoring systems and proactive risk management frameworks demonstrate improved financial performance and resilience in the face of economic volatility. The findings underscore that well-implemented risk management practices are crucial for enhancing profitability and ensuring long-term sustainability in the banking sector.

Production and management practices and technologies used for growing potatoes and tomatoes

Purpose. The aim of this study was to assess production and management practices and technologies used by farmers for tomato and potato production, as well as their productivity. Methodology / approach. This research was conducted in Ziway-Dugda and Tiyo districts of Arsi Zone in Oromia National Regional State of Ethiopia during 2022 cropping season. Data were collected from 400 households in 10 kebeles (local administrative unit) of both districts using Kobo toolbox from respondents through face-to-face interview and descriptive analysis using SPSS version 22. Results. The results of the study showed that farmers in the study areas used different pre-harvest practices. These include cultivation tools and methods, planting locations, tomato staking, potato hilling and irrigation practices to successfully grow vegetables and increase land productivity by rotating different crops on their land. Various diseases, weeds and insects have been observed on their farms, which were managed by cultural, agronomic, mechanical and chemical management practices on tomato and potato farms during the last cropping years in the study districts. Thus, majority farmers in the study areas have used insecticides and fungicides on tomato and potato farms; but most of the weeds were removed by hand weeding. Most tomato and potato farmers have determined the type of chemical and its use from their own previous experience, in consultation with salespeople and extension agents in their regions. However, the study results showed that there are unused production and management practices for tomato and potato cultivation by some farmers. There are many production and management practices and technologies used by farmers to improve vegetable productivity in the study areas, although some farmers did not adopt improved production and management technologies, resulting in reduced production, which requires future interventions to increase their capacity through training and technology adoption. Originality / scientific novelty. This study stands out in the field of production and management practices and technologies used by smallholder tomato and potato producers due to its innovative approach and unique contribution to existing knowledge and skills. While previous studies have examined the relationship between production and management practices and technologies in an agricultural context, particularly focusing on state farms, our study focuses on small-scale tomato and potato producers. Through our thorough case study research and interview structure, we not only deepened our understanding of production and management practices in the agricultural sector, but also provided practical recommendations for improving the efficiency and sustainability of small-scale tomato and potato producers on different farms/fields. Practical value / implications. The findings of this study can be used to develop recommendations for policy makers and researchers on how to improve labour productivity in the future Thus, the policy focuses on developing strategies for producers to adopt modern production and management practices and technologies, raising farmers’ awareness of available technologies, improving management practices and increasing crop productivity in the study area.

Effects of Different Living Grass Mulching on Soil Carbon and Nitrogen in an Apple Orchard on Loess Plateau

Living grass mulching (LMG) is a modern, environmentally friendly, practical, and efficient production management technology that improves the ecological environment, quality, and efficiency of the orchard. However, in arid and semi-arid areas, the effects of different grass species mulching on soil carbon composition, carbon pool stability, and nitrogen content are still unclear. Therefore, in order to explore the impact of different LMG on soil carbon, nitrogen, and its component content, as well as the related soil carbon pool management index in an apple orchard located in the semi-arid region of the Loess Plateau, a control experiment was conducted. The experiment involved different grass species cover treatments on an 11-year-old semi-dwarf Qinguan apple orchard from 2019 to 2022. Soil carbon and nitrogen content were measured under each treatment. The results indicated that the application of LMG treatment and depth of the soil had a significant impact on the soil organic carbon (SOC), particulate organic carbon (POC), inactive organic carbon (NAOC), total nitrogen (TN), and carbon-to-nitrogen ratio (C/N). Planting Vulpia myuros mulches significantly enhanced 39.6% surface soil organic carbon, 61.7% surface particulate organic carbon, 20.3% surface dissolved organic carbon (DOC), 75.8% surface inactive organic carbon, and 20.6% surface soil total nitrogen compared to clean tillage. Mulching treatment with the planting of Vulpia myuros boosted surface soil organic carbon and decreased soil carbon pool activity (CPA) and carbon pool activity index (CPAI), ultimately improving the stability of the soil carbon pool. The findings will have a beneficial impact on improving soil quality, carbon sequestration, and emission reduction in arid and semi-arid regions.

Design and Application of Virtual Cloud OMS Computing in Smart Airport

Airport management takes airport information management as its key link, and it is also the key to ensure the safe operation of airports. As a modern information management and processing technology, cloud computing plays an indispensable role in the fields of efficient information processing, strengthening management and improving work efficiency. Under the development background of the information age, the management mode of airport operation and maintenance has also changed to some extent. In the growth of the new era, airport operation and maintenance managers need to introduce new technologies and then combine more advanced technologies with the airport operation and maintenance system (OMS) so as to promote the normal operation of the airport OMS based on advanced data acquisition, analysis, and integration technologies. This article studies the application of cloud computing technology and designs a virtual cloud OMS based on deep learning (DL) from the perspective of the security requirements of the management information system (MIS) to realize the fault diagnosis and identification of the airport MIS. The fault diagnosis technology of the airport MIS based on virtual cloud OMS and DL proposed in this study has broad prospects in practical application. It can be applied to airport operation and maintenance management, security, and other links, providing intelligent support for airport operation.

Household adoption of modern waste management technologies in Ilala Municipal Council, Dar es Salaam, Tanzania

Household adoption of modern waste management technologies in Ilala Municipal Council, Dar es Salaam, Tanzania

აუდიტორული კომპანიების ფუნქციონალური სისტემა და მართვის თანამედროვე ტექნოლოგიები

The functional system of audit companies can be presented as a unity of those processes, procedures, human resources, infrastructure and devices (including hardware and software) intended to ensure the functioning of audit companies. Issues related to the functional systems of auditing companies are insufficiently covered in the special scientific literature. Thus, the effectiveness of functional systems and the challenges they face remain understudied. The research aims to identify the general framework of the functional system of audit companies and audit procedures in accordance with international audit standards. The auditor obtains reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or other error. According to the research findings, the functional system of the companies is established in the form of certain provisions and modern management technologies, the use of which improves the quality of the audit and enables the identification of opportunities for the use of automation and analytics.

Impact of inventory management on SME performance: a systematic review

PurposeEffective inventory management is crucial for SMEs due to limited resources and higher risks like cash flow, storage space, and stockouts. Hence, the aim is to explore how technology and know-how can be integrated with inventory practices and impact operational performance.Design/methodology/approachThe basis of the analysis was collecting papers from a wide range of databases, which included Scopus, Web of Science, and Google Scholar. In the first phase of the process, a search string with as many as nine related keywords was used to obtain 175 papers. It further filtered them based on their titles and abstracts to retain 95 papers that were included for thorough analysis.FindingsThe study introduced innovative methods of measuring inventory practices by exploring the impact of know-how. It is the first of its kind to identify and demonstrate how technical, technological, and behavioral know-how can influence inventory management practices and ultimately impact the performance of emerging SMEs. This study stands out for its comprehensive approach, which covers traditional and modern inventory management technologies in a single study.Research limitations/implicationsThe study provides valuable insights into the interplay between technical, technological, and behavioral know-how in inventory management practices and their effects on the performance of emerging SMEs in Industry 5.0 in the light of RBV theory.Originality/valueThe RBV theory and the Industry 5.0 paradigm are used in this study to explore how developing SMEs' inventory management practices influence their performance. This study investigates the effects of traditional and modern inventory management systems on business performance. Incorporating RBV theory with the Industry 5.0 framework investigates firm-specific resources and technological advances in the current industrial revolution. This unique technique advances the literature on inventory management and has industry implications.

Management Activities to Motivate and Establish Employee Loyalty

The work examines modern strategies and management approaches aimed at increasing the level of motivation and establishing the loyalty of personnel in organisations. An analysis of the integrated management activity model, which is specially adapted to achieve maximum efficiency in the context of employee motivation and loyalty, was carried out. The main focus of the research is on the role of leadership in creating a favourable working environment and forming a positive working atmosphere. The author also considered modern management technologies that simplify motivation processes and ensure transparency in the interaction between management and staff. The literature review and the analysis of the integrated model help to reveal the key aspects and principles that underlie the successful management of employee motivation and loyalty in modern organisations. The article’s conclusions serve as a basis for further research and development of personnel management strategies.

НАВИГАТОР ПО ТЕХНОЛОГИЯМ УПРАВЛЕНЧЕСКОГО МЫШЛЕНИЯ

Management becomes a more technology-driven sphere where the situation-based approach helps to avoid mistakes. A lot of modern management technologies originate from the dynamic field of IT that changes rapidly and regularly adopts new frameworks. However, all spheres change due to global trends which makes it necessary to revise the approaches used. In this paper, a navigator for management technologies is developed. This navigator aims to support practitioners and researchers in their work. The study develops the method for collecting, classifying, and structuring management technologies. The resulting base of technologies is structured by business processes they relate to and the base is supported with a corresponding map that allows navigating through it. The idea of management thinking technologies is practical; their implementation leads to the growth of efficiency, makes it possible to realize new projects and bring products to the market. A complete systematization of such technologies has not been carried out, and this article attempts to do such work. For future research, expanding the navigator with new technologies and instructions on their implementation and use can provide practitioners and researchers with valuable insights and support in their working field.

Organizational and pedagogical conditions for forming the readiness of future master 's students to apply modern management technologies in professional activities

Organizational and pedagogical conditions for forming the readiness of future master 's students to apply modern management technologies in professional activities

INTERDISCIPLINARY ASPECTS OF INDUSTRY INNOVATIONS USE IN STUDY PROCESS AT UNIVERSITY

Abstract: The paper provides a brief analysis and exposes the need for more intensive use of ICT in combination with modern sources of renewable energy for efficient implementation of modern control and management technologies. Some interdisciplinary aspects of renewable energy and IC technologies use at universities are analyzed.
 The concept of interdisciplinary has been expanded not only in the field of interaction between different disciplines in the scientific field, in the field of education, but also in the field of application of modern energy and IC technologies to ensure the sustainabiliy of the university infrastructure.

Implementation of Modern Management Technologies in Enterprise Economic Security

The article examines the realm of management technologies, focusing on 25 key tools and their current trends of application. The specific factors influencing the enterprises of the construction industry are distinguished and the main risks affecting their activities are determined. In addition, a model of introducing modern management technologies into the economic security system of the enterprise is proposed. The proposed model was tested at the enterprise Supplementary Liability Company (SLC) "Khmelnitskhezelezobeton". During the approbation, 35 experts from among management and production personnel were involved at the enterprise, which allows us to draw conclusions about the representativeness of the sample and the reliability of the obtained data at the enterprise. The proposed model allows to choose the most effective modern management technologies (out of the 25 listed), which will contribute to the stable functioning of the enterprise's economic security system by neutralizing risks. Five tools and technologies have been identified for SLC "Khmelnitskhezelezobeton": benchmarking, complexity reduction, customer segmentation, digital transformation, mergers and acquisitions.

ЗРОСТАННЯ ЕФЕКТИВНОСТІ УПРАВЛІННЯ ПЕРСОНАЛОМ ЯК ОСНОВА КОНКУРЕНТОСПРОМОЖНОСТІ ТА ЯКОСТІ ДІЯЛЬНОСТІ ОРГАНІЗАЦІЇ, ЇЇ ФУНКЦІОНАЛЬНИХ ПІДРОЗДІЛІВ

The article examines the issue of increasing the efficiency of personnel management as the basis of competitiveness and quality of activities of the organization and its functional divisions. The relevance of the topic of the study is due to the fact that a significant part of organizations has an inflexible personnel management system and uses outdated approaches to the formation and implementation of personnel policy, which do not meet modern management requirements and do not provide effective motivation of employees to improve the quality and efficiency of their work, which negatively affects the competitiveness of organizations and their products. The aim of the article is to study the growth of efficiency of personnel management as the basis for competitiveness and quality of activity of the organization and its functional divisions. The methodological basis of the study was the methods of analysis and synthesis, observation, comparison; system approach, process, complex, functional and evolutionary-synergistic, logical-dialectical methodological approaches. The obtained scientific results consist in systematization and generalization of groups of methods and tools that ensure effective management of personnel of organizations: organizational, administrative-administrative methods, economic methods, socio-psychological methods. It has been found that one of the most effective modern management technologies is the technology of grading, which is a modern technology, a tool for the most effective solution of problems of the social sphere in modern management. The concept of sociometry as a method of research and development of interpersonal relations in the team and, in general, the growth of social responsibility of employees in their direct activities is studied. Prospects for further research lie in the expediency of further comprehensive study of methods, tools of modern technologies of personnel management, the use of which ensures the growth of efficiency of personnel management as the basis of competitiveness and quality of the organization, its functional divisions.

Strategic Issues of Cultural Policy in Post-War Ukraine

The purpose of the study is to analyse the role of the cultural sphere in the modernisation of Ukrainian society, as well as to identify strategic problems of cultural policy in post-war Ukraine and ways to solve them. Research methodology. The research methods are based on the fundamental principles of cultural analysis of Ukrainian society from the perspective of modern scientific concepts. The methodological core of the study is based on such scientific fields as phenomenology and hermeneutics to reveal the creative potential of Ukrainian culture. By means of a systemic analysis, the determinants of the identity crisis in Ukraine are investigated and strategic directions of cultural policy for its overcoming are defined. The scientific novelty is to identify the priorities of cultural policy for the effective reform of Ukrainian society by forming a new cultural code of the nation and a new Ukrainian identity that corresponds to the modern socio-cultural paradigm. Conclusions. The article emphasises the importance of enhancing the role of culture for the successful modernisation of Ukrainian society. To implement this project, it is necessary to reform the ideology of the state cultural policy with an emphasis on the development of the creative potential of the people and its consolidation. The strategic guidelines of cultural policy as a value-based foundation for reforms are defined. It is proved, firstly, that the tangible and intangible cultural heritage of the people is an important resource for the formation of a new identity of the nation, and the main mechanism of social development is the continuity of culture. Secondly, in order to create a sustainable cultural industry capable of competing at the national and international levels, it is necessary to focus on its innovative development and the introduction of digital and modern management technologies into the cultural sphere. It is substantiated that a key element of post-war cultural policy should also be the rehabilitation of people who have survived bombing, occupation, and forced migration.
 Key words: cultural policy, identity crisis, memorial paradigm, cultural heritage, museification, digital technologies, visual culture.

INTEGRATION OF TRADITIONAL CULTURE AND MODERN TECHNOLOGY: AN EXPLORATION OF THE OPTIMIZATION OF CULTURAL ELEMENTS AND WATER SELF-PURIFICATION SYSTEMS IN THE TRADITIONAL CHINESE WATERSCAPE DESIGN

Traditional Chinese waterscape design is a profound cultural symbol and a perfect embodiment of the natural landscape. The philosophical ideas, aesthetic concepts and cultural connotations embedded in traditional Chinese culture have played an important role in the design of traditional water features. However, traditional water features have struggled to maintain their lasting beauty due to their impact on the environment and ecology. With the development of modern technology and advances in water management theory and techniques, modern water treatment systems have become an important means of solving water management and ecological and environmental problems. Combining traditional cultural elements with modern water self-purification systems has become an effective way to optimise traditional water features.
 This paper focuses on the cultural elements and water self-purification systems embedded in the design of traditional Chinese water features, and ways to optimise them with the help of modern technology. Firstly, the cultural background of traditional Chinese garden water features is analysed in terms of their unique traditional cultural elements, design methods and characteristics. Then, through the analysis and study of modern water management theories and technologies, the principles of realisation and optimisation strategies of water treatment are discussed. Finally, the combination of traditional cultural elements and modern water purification is used to explore in depth how traditional Chinese waterscape design can integrate traditional and modern elements, making it convenient for people while having a positive impact on the natural environment and ecology. The findings of this paper help to promote the combination of traditional culture and modern technology, and provide references and lessons for the environmental development of traditional Chinese waterscape design.

FORMATION OF A MODERN PERSONNEL MANAGEMENT ECOSYSTEM: SOCIAL CHALLENGES, COMMUNICATION TRENDS, INNOVATIVE APPROACHES

The article deals with the issues of formation of an organization's HR management ecosystem. The concepts of ecosystem, goals, objectives and key elements of the system are studied. It is substantiated that the modern ecosystem of HR management of an organization involves the formation of an organization's development strategy, HR strategy, which contains the values of the organization; enables the development of corporate culture and positioning of each employee in relation to the development of the organization; includes social responsibility, managerial and communication unity; innovative approaches to the selection of methods of training and development of personnel; new reward systems; advantages of involving different generations in cooperation: expanding the scope of the traditional «working age». It is established that the formation and development of a modern organization's HR management ecosystem is influenced by globalization and geopolitical aspects, demographic factors, staff migration and the struggle for the best candidates, the level of technology development, communication problems, the COVID-19 pandemic, and, given the Ukrainian realities, military actions. The author analyzes the trends in HR management, among which are the following: active use of artificial intelligence; development of electronic offices and electronic portfolios; introduction of blended learning and gamification methods in the management and advanced training of personnel; identification of talents and their effective use. The new management paradigm should take into account current trends in management technologies and form a system of staff motivation. This approach allows us to consider modern HR management technologies according to the main sub-functions. These include: strategic workforce planning; search and selection of personnel; training and development of personnel; performance management of personnel; motivation of personnel through recognition and rewards; career development of personnel, motivation for leadership. It is noted that the social responsibility of an organization in the field of career development and professional development of employees involves the following steps: in accordance with the corporate strategy, to determine the necessary plans for the training needs of staff; equal opportunities for all categories of staff in terms of training and professional development; formation of relevant methods and forms of staff development; identification of particularly promising employees, and development of individual development and career growth programs. Today, the concept of corporate social responsibility is gradually being developed and implemented in the corporate governance systems of leading Ukrainian organizations.

Application of «Big Data» technologies for storage, processing and analysis of data in the process of army management

In today's world, the increase in the volume and variety of data used in the process of military management leads to an increase in the requirements for their storage and processing. To effectively manage military operations, it is necessary to have information about various aspects of military activity, such as the location of military units, the availability of resources, the assessment of potential threats, and much more. Modern military operations require the processing and analysis of a large amount of data generated in real time. Data collected from sensors, satellites, probes, sensors, and other sources can be vast in volume and diverse in structure. The increase in the volume and heterogeneity of data used in the process of military management leads to an increase in the requirements for their storage and processing. This presents military organizations with the task of creating effective and reliable data storage and processing systems. The article considers the possibilities of using «Big Data» technology, which allow collecting, storing, processing and analyzing large volumes of various data in real time. The use of modern data management technologies can help increase the efficiency of military activities and ensure fast and accurate decision-making at various levels of management. This can be achieved through the use of artificial intelligence, machine learning and data analysis technologies that can help military structures perform calculations and forecasts, optimize the use of resources and increase the efficiency of solving various tasks. Also, an important component of the effective use of «Big Data» technologies in the military sphere is ensuring the protection of data from unauthorized access, as well as ensuring the reliability and stability of data storage and processing systems in the face of possible cyberattacks. The article analyzes the Hadoop system, which can be used to store, process and analyze «Big Data» in the military sphere.

MODERN INTERACTIVE TECHNOLOGIES OF MANAGEMENT IN PROMOTION OF SERVICES OF THE HOTEL AND RESTAURANT BUSINESS

The article address the theoretical and methodological aspects of the application of interactive management technologies in the promotion of services by enterprises of the hotel and restaurant business. It is emphasized that Industry 4.0 focuses on the transformation of the value chain by means of "smart technologies", Industry 5.0 on triple impact - economic, environmental and social with ESG emphasis and balance (environment, social sphere and governance). The needs of hotel and restaurant business enterprises, which compete for consumers in the conditions of Industries 4.0 and 5.0, are highlighted, seeking to develop and provide unique services using all possible modern management technologies: interactive, digital, multimedia, event management, etc. The digitalization of the hotel and restaurant business is being updated, which is taking place thanks to the introduction of a complex of digital technologies and processes by enterprises, organizations, and institutions. The main ones are identified with the use of QR-coding, the provision of digital information to consumers through electronic devices, the implementation of remote communication with service customers through specialized websites, pages in social networks, specialized mobile applications, specialized chatbots, the use of special information programs for the management of the institution , electronic payment of services, etc. The experience of using smart digital technologies is analyzed. It was determined that the following digital technologies are relevant for hotel and restaurant businesses: social media, large databases, e-commerce, the Internet of Things (IOT), robotics, artificial intelligence, additive technologies (3D printing), blockchain, biometric technologies etc.

Intelligent Construction of Hospital Management Organization Based on Communication Technology and Information Fusion

With the mature application of 5G communication and the development of artificial intelligence, the deep integration of modern hospital management and information technology has been fully realized. Therefore, this paper explores the organizational structure and system design of our institute and implements the construction and operation of the information system according to the concept of “management institutionalization, organization informatization, and form computerization.” The construction of information management departments was strengthened, the entire 69 information systems with systematic thinking were managed, the dynamic management mechanism of information system operation and maintenance was established, and the fine closed-loop management of hospital processes was realized. The results show that the information system based on institutional management will improve the management efficiency of the hospital and ensure the real-time, accuracy, and security of hospital data information.

Alternative strategies of business development

Introduction. A necessary condition for raising and improving the economic situation in Ukraine is the improvement of the management structure of the organization, the introduction of modern management methods, namely strategic management. In today's unstable conditions of business, it is very important to understand the purpose of one's existence and the clarity of establishing further actions according to the plan, because often most companies are forced to close down their activities. It is for this purpose that a development strategy is developed and implemented for the long-term perspective and effective functioning of the enterprise. If we take into account the complexity of managing the effective development of the company, there is a need to develop and use scientifically based modern management technologies, as well as mechanisms that motivate development in the perspective that takes into account strategic directions. The purpose of the paper is the selection and analysis of a number of alternatives for the strategy of business development. Results. The company's strategy is a set of its main tasks and main ways of achieving the set goals. The strategy of each enterprise includes three stages of the formation process: the general strategy of the organization is formed; a competition strategy is being formed; competition functions are defined. The strategy of stability is a concentration on current areas of entrepreneurial activity and its support. A growth strategy is a kind of expansion of the enterprise by capturing or appropriating new markets. The production strategy is mainly focused on decisions related to the use of the necessary capacities. Marketing strategy consists in defining some goods, services and offers on the market. The financial strategy consists in the forecast of the financial indicators of the strategic plan. Conclusion. In the process of strategy formation, the criterion for choosing alternatives should be the direction in which the enterprise has good prospects. It is necessary to avoid building a strategy taking into account the types of activities that the enterprise was engaged in little or not at all. In other words, the strategy should correspond to the strengths and weaknesses of the enterprise and its competitive capabilities.