Professional Managers Research Articles

ГРАНТОВІ ПРОГРАМИ ЄВРОПЕЙСЬКОЇ КОМІСІЇ ЯК ІНСТРУМЕНТИ РОЗВИТКУ: МОЖЛИВОСТІ ТА БАР’ЄРИ

The article examines the main grant tools of the European Commission for the development of small and medium-sized businesses, representatives of executive power and local self-government, education and medicine. The main possibilities of using European grants for community authorities and entrepreneurship of Ukraine are outlined. The main and largest grant programs from the European Commission are described: Horizon Europe (HORIZON), Creative Europe (CREA), Erasmus+ (ERASMUS+), Digital Europe Programme, EU4Health Programme, Program for the Environment and Climate Action, Single Market Programme. The prospects of using grant instruments within each program are demonstrated. Emphasis is placed on their priorities and areas of support for the projects of authorities, local governments, representatives of business and the public sector in the member countries of the European Union and program partners. The main goals and tasks of each program are highlighted, with the areas of support in Ukraine highlighted. The sluggish process of participation of representatives of small and mediumsized businesses, local self-government bodies, executive authorities and organizations of the non-profit sector in grant programs of the European Commission is analyzed. The reasons for the non-active use of grant, irrevocable, targeted assistance from the highest executive body of the European Union are emphasized, namely: the lack of understanding among potential grant recipients about who can receive a grant for what and how, an acute shortage of professional project managers, grant writers and fundraisers, obligation of partnership. It is concluded that the involvement and use of grant instruments of the European Commission by representatives of small and medium-sized businesses, bodies of executive power and local self-government, representatives of civil society organizations, educators and doctors is an effective tool for their development, implementation of innovative solutions, interaction with partners from the European Union, as well as strengthening the spheres of economy, education, health care of Ukraine. Overcoming barriers and obstacles is possible under the condition of broad informational support from representatives of programs in Ukraine, national contact points, authorities and mass media.

It's All About the People: Advocacy in Action.

Jeannie LeDoux, MBA, BSN, RN, CCM, CPHQ, CTT+, is a commissioner and former Chair of the Commission for Case Manager Certification, the first and largest nationally accredited organization that certifies more than 50,000 professional case managers and disability management specialists. She is also a senior clinical educator at MCG, part of Hearst Health. Her professional work includes work with diverse cultures and with special needs and complex medical issues. She also has extensive experience working with the military. Address correspondence to Jeannie LeDoux, MBA, BSN, RN, CCM, CPHQ, CTT+, Commission for Case Manager Certification, 1120 Route 73, Ste 200, Mount Laurel, NJ 08054 ([email protected]). The intent of this column is meant to speak to the heart of case management: our joys, our struggles, and our lessons learned. Please send your thoughts and ideas to us so we may include them in future articles. Teri Treiger at: [email protected] The author reports no conflicts of interest.

Специфика продуктового менеджмента ИТ-индустрии России в условиях санкций

The article considers the consequences of foreign sanctions for the Russian information technology sector, the main measures to support the development of information technologies and digitalization of the country as a whole by the Russian government, features of the third package of measures to support domestic IT companies in 2022. The need to increase the competitive potential of the company through the use of a professional product manager or product manager is justified. The role of specialists of this type in Russia in the context of international market changes, features of the evolution of Russian product managers, the potential and points of growth of this profession were studied. The specifics of the work of the product manager in Russian companies are described. A deep analysis of the state of affairs in the domestic IT industry in the context of import substitution, acceleration of digitalization processes, features of the development of Russian software companies, online trading, marketplaces, features and measures of state support for these companies was carried out. Based on the statistical studies carried out, the prospects for the development of domestic IT companies are shown, which relied on the development of their own technologies due to the creation of current cyber-physical systems and modern competitive software, an analysis of the fastest growing Russian IT companies in 2022, the revenue turnover of the Russian IT sector over the past year was carried out. We considered the potential of the Russian IT business in the process of digital transformation, including due to the growth rate of net profit of new Russian leaders in this industry, awareness of the importance of the role of the product manager in the work of domestic IT companies.

Leadership in Interprofessional Healthcare Practice (Iphp): Preparedness, Responsibilities, and Proficiencies for Healthcare Managers and Human Resource Professionals

Leadership in Interprofessional Healthcare Practice (Iphp): Preparedness, Responsibilities, and Proficiencies for Healthcare Managers and Human Resource Professionals

Хронический стресс и временная саморегуляция у менеджеров по продажам

Background. Time factor plays a signiacant role in creating unfavorable conditions for work activity. Temporal characteristics of labor oben become one of the main factors in the emergence of organizational stress (Vodopyanova, 2009; Artamonova, Leonova, 2009). ce activities of sales managers considered in the work are characterized by a signiacant severity of stress tension with time and deadline pressure leading among the numerous stressors in this professional activity. ce problem of lack of time for personal life and the lack of balance between work and life stem from temporary tension. Temporal aspects of work, being aware of them, subjective assessment and time management require separate consideration from the perspective of professional development and overcoming stress for sales managers. Objective. ce study focuses on the multi-level indicators of temporal self-regulation in chronic stress in the hard work of representatives of managerial professions. To achieve the goal, the task of conducting an empirical study aimed at identifying the features of self-organization, self-management and experiencing time at work, as well as anding the place and role of time aspects in the chronic stress development among sales managers was set. Sample. ce sample is represented by 154 sales managers (mean age 34 years, 56 men, 95 women) working in large wholesale and several small wholesale trade and industrial organizations in diderent cities of Russia. Methods. Data collection was carried out electronically using Google forms questionnaires. ce study was conducted in 2019–2020. To study the level of occupational stress, the methodology “Questionnaire for assessing the level of experiences of acute and chronic stress” was used (Leonova, Kachina, 2007). In order to study the assessment of working time and its experience, the “Time Perspective Questionnaire” (Zimbardo, Sword, Sword, 2017), “Manager’s Time Syndrome” (Vodopyanova, 2018), “Questionnaire for Self-Organization of Activities” (Mandrikova, 2010) and the questionnaire “Overall indicator of the edectiveness of the system of self-management of working time”, specially developed by our group, were used. Results. We have obtained numerous interrelations between indicators of chronic stress and temporal self-regulation. Such predictors of chronic stress as temporal orientation to the negative past, lack of expressiveness of aspirations to the future and hedonistic present were identiaed. ce presence of chronic stress and the experience of lack of time were predictors for a decrease in the edectiveness of self-management of working time (time management) among sales managers. Conclusion. ce multi-level indicators of temporal self-regulation considered, including temporal orientations, experience of lack of time, self-organization of activities and time management, can on the one hand, be predictors of chronic stress, while on the other hand, act as a resource for overcoming it in the activities of sales managers.

Оценка вклада предпринимателя в эффективность предприя-тия

The article substantiates the possibility and value of involving an entrepreneur in the work of certain enterprises outside the narrow framework of the firms they founded as managers with extensive entrepreneurial experience, thereby helping such enterprises to succeed in competition. It is proposed to take into account the size of the enterprise, because a unified approach to appointment of a manager is not suitable for all economic entities. The purpose of the article is to determine the value of attracting entrepreneurs to the board of directors who have created other firms, and their ability to increase the value and efficiency of companies that they have not created. Some enterprises in certain industries are more suitable for management by external entrepreneurs, while in other firms the effectiveness of their involvement will be low. This thesis should form the basis of corporate decisions concerning appointment of external entrepreneurs to their board of directors. Studies have shown that enterprises headed by owners perform better than those run by external professional managers. Based on the resource point of view when analyzing the firm, it was shown that entrepreneurs who have created other firms that act as external directors are more focused on increasing investments in research and development and higher sales growth rates. Their impact on the value of enterprises is greater among firms in industries with intensive use of research and development work and in competitive industries. Such business directors from the outside increase the value of the company due to their risk inclination and ability to anticipate demand patterns and create new markets.

Structural power distribution between family and non-family executives and innovation performance in family firms

The top management team (TMT) of family firms is divided into two groups: family and non-family executives. Each group of executives is driven by different and multiple goals and motivations with distinct strategic innovation decision preferences. The centralized ownership and control of firms confer natural authority on family executives, and the appropriateness of the structural power distribution in the TMT has a significant impact on the level of participation and contribution of non-family executives to corporate innovation strategies that affects the innovation performance of family firms. Based on research of the power distribution of TMTs, this paper argues that a balanced structural power distribution (titles, compensation, representation) between family and non-family executives can improve the TMT interaction process, integrate information and knowledge of non-family executives, help balance economic and non-economic goals, and increase innovation performance. Moreover, we posit that this relationship becomes stronger with increasing board independence and environmental dynamism. We find support for these proposed relationships using a sample of publicly traded family firms in China representing 2,379 firm-year observations from 2009 to 2018. The implications of these findings extend to both family business and TMT research. and we offer practical guidance to encourage professional managers to actively participate in strategic decision-making and planned execution in family firms.

ГЛОБАЛІЗАЦІЯ ЕКОНОМІКИ: НОВІ ВИКЛИКИ ТА СТРАТЕГІЇ УПРАВЛІННЯ ФІНАНСОВИМИ РИЗИКАМИ

The article examines the impact of globalization on the economy and the challenges it poses to financial risk management. In the context of the growing interdependence of world markets, the main characteristics of globalization and its impact on macroeconomic, liquidity, credit and other risks are investigated. The article emphasizes the need for an integrated approach to risk management, including investment diversification, insurance, constant monitoring of the market situation, and the development of effective strategies for responding to potential threats. The findings emphasize the importance of flexibility and a systematic approach to financial risk management in the context of globalization to ensure stability and competitiveness in the global market. Attention is focused on geopolitical risks, which are becoming more and more relevant in the conditions of globalization, and their impact on international business. The authors consider various techniques and tools for identifying, analyzing and minimizing these risks. Special attention is paid to risk management strategies, such as portfolio diversification, use of professional managers, insurance and other financial instruments. In the conditions of constantly changing market dynamics and the uncertainty of the global economic environment, companies must be ready for rapid adaptation and change. Only a systematic approach to risk management, based on a deep analysis and understanding of global trends, can ensure long-term stability and success in the international arena. The article also considers the role of technology in identifying and responding to financial risks. Modern analytical tools such as Big Data, artificial intelligence and machine learning provide an opportunity to more accurately predict market trends and adapt to them in real time. In addition, the article considers the importance of international cooperation and regulation in the field of financial risk management. In an interconnected world, common norms and standards can promote stability and reduce potential risks for global investors. Success in financial risk management in today's world requires not only deep knowledge and understanding of market mechanisms, but also the ability to innovate, flexibility and readiness for continuous learning. Only this approach will allow companies to effectively adapt to the rapidly changing conditions of the globalized economic environment.

How/if the Future Changes the Professional Field of Social Work?

The authors aim to discuss the changes in the professional field of social work, the future scenarios and the role of social work in the future society, and to present the views of social workers themselves on the future and the expected changes. The authors provide an overview of the trends in the development of social work profesion and outline the important changes in the professional field based on litearture review. The paper presents a quantitative survey of social workers in Lithuania, which aimed to uncover their attitudes towards new developments, the impact of technology and social innovation, and the future competences of social work.
 The results of the study reveal that employees see changes in the field of social work, but that these changes are marginal. Not seeing change and a negative public perception of social work are also associated with a willingness to move to another field of work. Leadership and professionalism of managers and more cohesive teamwork would encourage staff to stay. The study did not show that working for any institution (municipal, governmental, non-governmental, etc.) determines social workers‘ attitudes. Social workers‘ attitudes and evaluations were more influenced by their demographics: place of residence, age, education, but even these correlations were rather weak. A large proportion of respondents were not familiar with the Sustainable Development Goals (SGD2030) or had only participated in a few sustainability initiatives, but the importance of innovations in social work practice was identified by 58% of respondents, compared to 72% of those aged between 18 and 35 years. When talking about the future competences of social work, the traditional micro-level competences of social work are highlighted: empathy, emotional intelligence, interpersonal communication and working with a group, less importance is attached to innovative, managerial or macro-level competences.

Development of Budgetary Slack Research in Indonesia

This study aimed to provide an overview of the development of budgetary slack research in Indonesia. The research method was charting the field developed by Hesford et al. (2007). In this study, articles were classified based on topics, research methods, samples, and theories. The research samples were 161 articles published in 35 journals accredited by Sinta 1, 2, and 3 with 23 years of observation from 1999-2021. The results showed that for the research topic, the budget participation variable was the most widely used antecedent in research. Then as many as 157 articles used quantitative research methods, the most widely used samples were Local government work unit (SKPD) budget makers, and the most widely used theory in budgetary slack research was agency theory. Suggestions for further budgetary slack research are to use an experimental research design with research participants from professional accountants, managers, or employees who are directly involved in the budgeting process. In addition, it can examine several internal influence variables (moral reasoning, locus of control, religiosity, honesty, ethics, managerial trust, and motivation) and external influence variables (compensation scheme (clawback) and compliance pressure).

ROLE AND PLACE OF CORPORATE SECTOR IN THE STRATEGIC DEVELOPMENT OF MODERN ECONOMY

The article notes the role and place of corporate formations in the strategic development of national economies. The essence and meaning of the concept corporation are researched. The differences between corporations and joint-stock companies are considered. Characterized features, functions, components and classification of corporations are described. The corporation, with its institutionalization of domestic economic relations, rigidity of the procedures for making and implementation of managerial decisions, with the simultaneous mechanism of limiting the freedom of action of managers – from the point of view of information specialization, is sufficiently perfect structure. It is necessary to distinguish the basic functions of the corporation: social, economic, technological, innovative and institutional. It was determined that the main feature of the corporate form of ownership is inner duality objectively inherent to it, i.e., it arises, functions and develops simultaneously: on the one hand, as the property of shareholders (private), and on the other – joint stock company as a whole (collective). The possibility of purposeful and effective behavior of the corporation is largely determined by this. It also determines those organizational advantages that can enhance its ability to use the most rational (definite, consistent) process of making decision for implementing the most effective market strategies. It was conclusion that for further perspective the development of corporations will enable to increase the efficiency of the Ukrainian economy both at micro and macro levels: to restore the stock market of Ukraine; to increase the capitalization of domestic companies; to strengthen the role of professional managers; to increase the competitiveness of products at domestic enterprises.

Lifelong learning of property managers in enabling sustainable and energy efficient residential buildings: experiences of care project in Tampere region

The existing building stock causes 40% of the total energy consumption in the European Union. The high energy consumption together with ageing buildings put strong pressure on renovation of buildings and lowering of CO2 emissions. The Directives on Energy Performance of Buildings (EPBD) and Energy Efficiency (EED) were established to urge and steer the activities in the EU member countries.There are about 90,000 housing companies in Finland. They consist of 1,7 million apartments and 2,7 million residents, which makes housing companies a significant energy consumer. Around 50 % of the building stock in Finland was built between 1960s and 1980s. The average level of technical building systems is decent. Measures are still needed to tackle the increasing maintenance backlog and energy consumptionobjectives.Management of housing companies consists of the general meeting of apartment owners and a board elected by the general meeting. In addition, a vast majority of housing companies have a professional property manager whose role corresponds to CEO. The property manager’s expertise plays an essential role in planning and execution of maintenance and energy efficiency.The role of the property manager calls for multidisciplinary competencies and continuous learning. The CARE - Resource efficient caretaking of residential buildings project implemented flexible courses and training for property managers to enhance their technical understanding of energy efficient renovations and retrofit of new energy solutions.

Australian Criminal Justice Students as Prospective Case Managers: Exploring Their Client Preferences

The effectiveness and sustainability of contemporary criminal justice systems rely upon the knowledge, skills, and professionalism of case managers. However, the preconceptions, expectations and aspirations of criminal justice students as prospective case managers remains largely unexplored. This study examines the client preferences of 120 criminal justice students enrolled in an introductory case management subject at an Australian University between 2018 and 2020. Analysis of their responses to an assessment task which required them to reflect upon which client groups they would most and least prefer to work with reveals strong patterns of preferences but also diverse factors at play in their formulation. These include: the students’ estimations of their ability to relate to different client groups; their assessment of the vulnerability or worth of different client groups; their desire to contribute to positive change; to feel a sense of reward; and their interest and studies in criminal justice.

Local Economic Institutional Capacity Development (Comparative Study in Value Perspective)

The performance of local economic institutions in a country is very strategic to improve the welfare of citizens. Therefore, research on strategies for developing local economic institutions to improve their performance is very significant. This study aims to compare several strategies for developing economic institutions in several countries. More specifically, this study compares the value systems that support local economic institutional performance. The effectiveness of local economic institutional capacity development is not only determined by the professionalism of managers, determination of the type of business, community involvement, and innovative management systems but is also influenced by the integration of the local economic institutional development program with development planning, visionary local leadership, and a supportive value system. Therefore, the makers and implementers of the local economic institutional capacity development program not only pay attention to the professionalism of managers, determining the type of business, community involvement, and innovative management systems but are also required to integrate the local economic institutional capacity development program with development planning, requiring visionary local leadership, adequate management default, and have a value system that supports performance.

Property Management – An Industry of Fragmented Technology Solutions

Successful property management, which can be done by individual owners or by professional property managers, has numerous interrelated complex business processes: tenant attraction, screening, leasing, tenant move-in, property maintenance, retention/lease renewals, tenant move-out, and reputation management. Property managers must be highly skilled communicators and thoroughly understand the legal implications of housing and contract law in their operating environments. The lack of affordable solutions available to small and mid-sized property managers drives their use of fragmented technology solutions provided by numerous technology vendors that employ redundant data-gathering methods, putting them at a competitive disadvantage. This research paper explores the information systems needs of property managers in contrast to the solutions available to them in the marketplace.

Visible Hands: Professional Asset Managers' Expectations and the Stock Market in China

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A Study of Investment Awareness and Preference of Individuals Toward Various Mutual Fund Schemes with Reference to Islampur City

Mutual fund is an investment option which includes bonds, stock or securities used by the professional money managers. Investment is done for earning the regular and risk free returns from investment. In our country number of investment options are available, they are ranging from insurance policies to stocks. The study aims at finding the awareness of individuals towards mutual fund and preferences toward it. In our study it is found that the more number of respondents are aware about mutual fund. Investors purchase funds from brokers and asset management companies in large numbers. The majority of respondents are satisfied with mutual fund investment

A Study of Investment Awareness and Preference of Individuals Toward Various Mutual Fund Schemes with Reference to Islampur City

Mutual fund is an investment option which includes bonds, stock or securities used by the professional money managers. Investment is done for earning the regular and risk free returns from investment. In our country number of investment options are available, they are ranging from insurance policies to stocks. The study aims at finding the awareness of individuals towards mutual fund and preferences toward it. In our study it is found that the more number of respondents are aware about mutual fund. Investors purchase funds from brokers and asset management companies in large numbers. The majority of respondents are satisfied with mutual fund investment

Public Relations and Social Media for Effective Crisis Communication Management

Crisis, natural or man-made, is inevitable in our life because of human social interactions. Crises are caused by ineffective communication yet are better solved with effective communication. Scholars have studied social media's role in crisis management as an information propagator and their cost effectiveness during a crisis. Social media can potentially influence multiple public strata during and after the crisis. Social media serves as tools for relationship management which is a crucial part of crisis management; equally, public relations also serve the same. This paper explores how effective crisis communication management can be achieved via Social Networking Systems (SNS). Drawing from the existing literature as the method used, this paper reviews articles and studies on public relations strategy and effective crisis management. It expounds on examples of how relationships can be well-managed through social media in crises. This paper has increased our knowledge of crisis management by understanding how crises are managed. Findings are that crisis communication was managed from four conceptual lenses scholars have investigated; that crises can be prevented- partially if not completely- with a proper crisis communication plan; that having a crisis communication plan may not suffice except is handled by professional relationship managers who know how to communicate and understand the use of the conventional and new media with the influential role of symmetrical communication. Therefore, the paper concluded that since crisis leads to a bad relationship due to a lack of understanding of the situation and behavior and to facilitate this, it suggests that crisis is better managed through effective public relations managers.

기업지배구조와 고성과작업시스템

This article examined the effects of corporate governance on the utilization of high performance work system (HPWS) and the magnitude of changes in HPWS practices over time. Based on extant research on HWPS and corporate governance, we derived three hypotheses. First, family firms are likely to utilize more HPWS practices than firms governed by professional managers are. Second, family firms are likely to utilize fewer HPWS practices than firms governed by professional managers. Third, firms governed by professional managers are more likely to change their HPWS practices than family firms. To test the hypotheses, we analyzed panel data composed of 317 firms, which were provided by Korea Research Institute for Vocational Education and Training. Panel regression results showed that the second and the third hypotheses were supported. Implications and directions for future research were discussed.