Probability Of Successful Implementation Research Articles

Обґрунтування стратегічних рішень управління при виборі методології управління ефективною системою комунікацій підприємства

Abstract. Introduction. In recent years, along with the growing role of marketing, the role of marketing communications has increased. Effective communication with consumers has become a key factor in the success of any organization. Modern marketing requires much more than creating a product or service that meets customer needs. Businesses should communicate with customers, and there should be nothing accidental in the content of communications. Purpose. The aim of the work is to study and substantiate strategic management decisions when choosing a management methodology for an effective communication system of the enterprise. Results. Based on the results of the analysis of known communication models, two different approaches to their description have been established and a model of communication process has been built. As a methodological basis of the management process, a hierarchical model of communication goals and effects has been proposed. To control the key stages of the communication process, management decisions, a system of performance indicators has been proposed. The proposed method of goal formation and management mechanism provide scientific novelty and will allow companies to analyze the effectiveness of their communication strategy, develop an effective strategy, improve the organizational and functional management structure, improve the implementation of management decisions on marketing communications and move to planning the company's communications system. Conclusions. The organization of the proposed changes will help improve communication between business and consumers, increase market share, ensure consumer awareness, improve the company's image and provide effective feedback. The effectiveness of assessing the implementation of communications, in our opinion, will determine how satisfied the information and communication needs of both management and control subsystems, as well as the external environment, and on this basis the company's management will be able to make informed decisions. It is possible to predict the probability of successful implementation of communication measures based on the coefficients of management adequacy and consent in the team.

Exploration Of Staff Incentives And Strategy Implementation In Commercial Banks In Kenya

Though elegant strategies are formulated by organisations, their successful implementation continues to be elusive. Empirical literature suggests that failure of strategy at implementation state is due to factors such as management competence, leadership and resources. However, little attention has been directed to the relationship between incentives, specifically staff incentives such as pay, oversight, meaningfulness of work, employee growth as well as job security and strategy implementation. In this this exploratory study, we examined the perception of staff incentives and their relationship with implementation of financial inclusion strategy in commercial banks in Kenya using a quantitative survey of 42 respondents drawn from commercial banks in Kenya. Financial inclusion strategies are defined as roadmaps of agreed actions at the national or regional level, which stakeholders chart and pursue to accomplish financial inclusion objectives. The study’s target population was operational managers selected from each bank randomly. We found that staff incentives provided to bank employees ranged from being unsatisfactory to moderately satisfactory and that financial inclusion strategy implementation was also moderately successful in the banks. It was also found that oversight and job security had a linear relationship with financial inclusion strategy implementation (oversight: r = 0.336, p = 0.029; job security: r = 0.685, p < 0.001). Further, the pay negatively affected the probability for successful implementation of financial inclusion strategy – it reduces the likelihood by 50% (exp (B) = 0.53) while job security increased the chances for successful implementation of financial inclusion strategy by a factor of 2 (exp (B) =1.883). In conclusion, based on these preliminary findings banks should consider and improve their pay because it was found to negatively affect the likelihood of successful implementation of financial inclusion strategy. Secondly, since job security was found to increase the probability of successful implementation of financial inclusion strategy management of banks should strive to ensure job security to enable them implement the financial inclusion strategy hence improve the financial performance of the banks. Consequently, the managers should improve on the incentives that were rated as unsatisfactory or low by the employees

Assessing the policy scenarios for the Ecosystem Water Food Energy (EWFE) nexus in the Mediterranean region

Increasing demand and the current unbalanced sectorial attribution of natural resources induce drastic depletion of natural capital. There is a need for bridging sectoral policies into interdisciplinary sustainable management strategies in the Mediterranean region. The complex interactions between ecosystems, food, energy, and water sectors are calling for an integrated approach for supporting impact assessments and decision-making. We aimed to investigate the coherence among the sectoral policies, either supporting or conflicting with each other, on cross-cutting strategies and their impacts on ecosystem and their services. We address ecosystem services as a fourth component besides energy, water, and food sectors in the nexus approach. We collected expert opinions on eleven sectoral policies that cover different disciplines (water, agriculture, energy, economy, and environment). Based on the opinion of the experts, we developed several multi-criteria analyses (MCA) to assess sectoral policy impacts on cross-sectoral strategic targets. Considerable consistency was found in ranking the eleven policies when considering using nexus or cross-cutting strategies criteria, or when considering positive or negative impacts. The EWFE nexus dimension allowed to better distinguish potential synergies or conflicts between sector policies because it provided a framework in which the role of ecosystem service was more explicit. Interestingly, restoring ecosystem and green infrastructures policy ranks among the top policies in all MCAs but according to the experts its probability of successful implementation is among the lowest. The results show that sustainable use of ecosystem services and conservation of the biodiversity are an indispensable pillar to achieve successfully sectoral development goals.

Investors’ reaction to the government credibility problem: A real option analysis of emission permit policy risk

In relation to creating a CO2 emission permit market, there are two types of climate change policy risks: (1) It is uncertain whether and when a cap-and-trade system will be implemented; and (2) once a policy is in place, there may be government credibility issues. This paper examines the effect of these policy risks on real option decisions of electric power plant investment. To model both an investment decision and generation flexibility, this study evaluates an exotic compound American option on multiple strips of European spread options through the implementation of least squares Monte Carlo simulation. Government credibility risk leads to more investment in “less green” resources and induces additional cash flow variation, which increases the average time to investment (value of waiting). However, in an extreme case, government credibility can actually hasten investment because the risk may be more favorable to electric power companies. Furthermore, if emission trading is planned to be implemented in the future (e.g., 2020), and the market believes that the probability of successful implementation is low, firms will build a “less green” plant early to benefit from the period before the green rule is applied.

A Conceptual Map of the Lean Nomenclature: Comparing Expert Classification to the Lean Literature

Although the implementation of lean can yield improvements in organizational performance, the literature suggests that most organizations are unable to effectively sustain the results from lean implementation efforts. The lack of clarity related to lean concepts may be a cause of unsuccessful implementation. In this work, we seek to clarify conceptual ambiguity in the lean nomenclature. Using an extensive literature review, we document lean principles, practices, and performance measures. Results from a survey of lean experts were used to investigate the relationship between lean principles and practices. Findings from the literature and from the expert survey were synthesized to develop a visual representation of the lean nomenclature. This conceptual map is intended to aid practitioners by increasing clarity of important lean concepts and thus, the probability of successful implementation.

The Symbiosis of Economic Science and Practice in Reforming (On the Book by S. Ya. Chernavsky “Reforms of the Energy Regulated Branches in Russia”)

The book by S. Chernavsky is devoted to the reform of the Russian energy sector and the economy as a whole. The author assesses in detail carried out reforms and develops policy recommendations in the interest of the society. In some chapters of this book the author plays the role of an analyst, in the others - that of one of the participants directly involved in the reform or its main developer. In all cases, the analysis is combined with the use of modern economic theory, mathematical models of the behavior of economic agents and empirical data. Many mathematical models presented have been developed and evaluated in cooperation with the leading Russian experts in the field of mathematical modeling and econometrics analysis that determines their validity. The obtained results and policy recommendations allow us to count on lower transformation costs and higher probability of successful implementation of reforms.

How 'Animal Spirits' React to the Government Credibility Problem - A Real Option Analysis of Emission Permits Policy Risk

In relation to creating a CO2 emission permit market, there are two types of climate change policy risks: 1) It is uncertain whether and when a cap-and-trade system will be implemented; and 2) once a policy is in place, there may be government credibility issues. This paper examines the effect of these policy risks on real option decisions of electric power plant investment. To model both an investment decision and generation flexibility, this study evaluates an exotic compound American option on multiple strips of European spread options through the implementation of least squares Monte-Carlo simulation. Government credibility risk leads to more investment in “less green” resources and induces additional cash flow variation, which increases the average time to investment (value of waiting). However, in an extreme case, government credibility can actually hasten investment because the risk may be more favorable to electric power companies. Furthermore, if emission trading is planned to be implemented in the future (e.g., 2020), and the market believes that the probability of successful implementation is low, firms will build a “less green” plant early to benefit from the period before the green rule is applied.

The History and Prospect of ERP Application of Chinese Manufacturing Enterprises

Since the end of the 1970s and early 1980s, with the introduction of foreign MRPII/ERP software and the advanced business management thought Chinese manufacturing industry began the road to high-level information. After 30 years of development, Chinese manufacturing industry has experienced 20 years start-up and early stage, main features of this period were long-period implementation, expensive spending and poor flexibility, coupled with the low management level and out-dated IT technology. The probability of successful implementation of enterprise ERP is very low. Since then the stage was more than 5 years of growth, and the characteristics of this period were the domestic ERP software. With simple application, short cycle implementation and low cost, many small and medium-sized enterprises had carried on successful application. Since 2005, our country enterprise ERP application entered maturity, the main features of this period are wider range and improving success rate of ERP application. The article also pointed out the deficiencies of ERP applications in different periods, and its development prospects are ERPII

Implementing remotely a single-qubit rotation operation by three-qubit entanglement

We investigate the problem of quantum remote implementation of a single-qubit rotation operation using three-qubit entangled state. Firstly, we utilize the entanglement property of maximally entangled Greenberger–Horne–Zeilinger (GHZ) state to design a theoretical scheme for implementing the operation remotely with unit fidelity and unit probability. Then, we put forward two schemes for conclusive implementing the non-local single-qubit rotation with unit fidelity by employing a partially entangled pure GHZ state as quantum channel. The features of these schemes are that a third side is included, who may participate the process of quantum remote implementation as a supervisor. Furthermore, when the quantum channel is partially entangled, the third side can rectify the state distorted by imperfect quantum channel. In addition to the GHZ class state, the W class state can also be used to remotely implement the same operation probabilistically. The probability of successful implementation using the W class state is always less than that using the GHZ class state.

Controlled Implementation of Non-local CNOT Operation UsingThree-Qubit Entanglement

We investigate the controlled implementation of a non-local CNOT operationusing a three-qubit entangled state. Firstly, we show how the non-local CNOToperation can be implemented with unit fidelity and unit probability byusing a maximally entangled GHZ state as controlled quantum channel. Then,we put forward two schemes for conclusively implementing the non-localoperation with unit fidelity by employing a partially entangled pure GHZstate as quantum channel. The feature of these schemes is that a thirdside is included, who may participate the process of quantum non-localimplementation as a supervisor. Furthermore, when the quantum channel ispartially entangled, the third one can rectify the state distorted byimperfect quantum channel. In addition to the GHZ class state, the W classstate can also be used to implement the same non-local operationprobabilistically. The probability of successful implementation using the Wclass state is always less than that using the GHZ class state.

Evaluation of EIS from a managerial perspective

. While executive information systems (EIS) constitute a rising trend in the use of information technology in organizations, much is still unknown in terms of the attributes an EIS should possess in order to increase the probability of successful implementation. A survey was conducted on 28 Canadian organizations, with 52 users giving their perceptions on the various attributes of EIS. Results indicate that the more important aspects relate to the quality of information and the benefits provided by EIS. Less important are the user-interface and technical capabilities. User satisfaction with the attributes of their present system was also measured. In this regard, managers were more content with the quality of information and the user-interface than with the benefits and the technical capabilities of their EIS. Overall, top-managers were less satisfied with the present system than lower-level managers.

CONSERVATION AND ENHANCEMENT OF ENTOMOPHAGOUS INSECTS —A PERSPECTIVE

Efforts to consistently and predictably integrate augmented and/or naturally occurring entomophagous insects into conventional management systems for insect pests of row crops continues to be a high priority yet elusive goal of biocontrol specialists. Enduring management systems will depend heavily on the conservation and enhancement of entomophagous insects. Conservation and enhancement strategies are reviewed, with comments on their attributes, limitations, practicality, and probability of successful implementation.