Effective Management Skills Research Articles

PkM OF Enhancement Financial Literacy Through Training And Simulation Family Financial Management

Family financial management involves planning, implementation, monitoring, evaluation, and controlling family economic resources to optimally meet needs. Effective management skills are essential, as income levels do not always determine the sufficiency of needs. Families often face uncertain income sources. As the smallest unit supporting national development, the economic strength of families contributes to national growth. Therefore, this service focuses on enhancing family financial management skills through training. The target of this community service program is the residents of Waai Village, Salahutu District, Central Maluku Regency. The issues faced include a lack of knowledge about household economics, absence of financial records, and difficulties in calculating income from various sources. As a result, community members tend to incur debt to meet urgent needs and lack savings, leading to all income being spent on daily necessities. This program aims to provide the residents of Waai Village with knowledge and skills in family financial management to improve their welfare. The training materials include concepts and applications of family financial management.

Lifelong Learning: Factor of Productive Change in Human Resource Management at a Local Hospital of Greece

Objective: The objective of this study is to investigate the need of human resources in Greek hospitals to acquire new knowledge, with the aim of continuously improving their skills for effective management and productivity. Theoretical Framework: Lifelong education not only increases productivity but also equips healthcare professionals to address societal shifts, profession-specific challenges, and stress-related errors. It underscores the connection between superior healthcare services and continuous learning, highlighting the benefits for teamwork, personal growth, and knowledge enhancement. Method: The methodology adopted for this research includes literature review and research methodology. Data collection was carried out through questionnaires to 170 participants employed in the health care sector. Results and Discussion: The obtained results revealed the need for continuous improvement of health professionals' skills for better management and productivity enhancement. Lifelong learning of health professionals will improve the quality of health services, responding to changing needs. Research Implications: The practical and theoretical implications of this research are discussed, providing insights into how the results can be applied or influence practices in the field of helath care. These implications could encompass the development of a competent, adaptable and responsive healthcare workforce in Greece and optimizing healthcare delivery to patients through the acquisition of expertise. Originality/Value: This study contributes to the literature by relating lifelong learning to the field of health promotion. The relevance and value of this research is demonstrated by the fact that continuous learning will improve health care provision and human resource management, with the aim of better responding to patient needs.

Nurses’ perceptions about management practices of nurse managers during pandemics: a descriptive and cross-sectional study

Introduction: Hospitals may not be able to manage the chaotic environment during pandemics through classical management principles. Management can only be achieved with the help of effective leadership, appropriate flow of crisis management systems, teamwork, and collaboration. Nurse managers should have effective management skills. Objective: To evaluate the perception of the nurse managers' practices by nurses such as resource management, organization, communication, psychosocial, care-training, and decision-making practices in the management of the pandemic based on the COVID-19 pandemic. Methods: A quantitative, cross-sectional method was used, and a web-based online questionnaire was applied to collect data. This study included 182 nurses working in a public and private hospital in İstanbul. Result: The nurses perceived the management practices of their managers at a moderate level. The leaders' resource management practices as low (16.5%), and medium (78.6%) perceive. There was a statistically significant difference (p<0.01) between the communication and team relations (p<0.05), resource management (p<0.01), care-training (p<0.05), and decision-making scores (p<0.01) of the nurses working in the private hospitals compared to those working in the public hospital. Conclusion: To effectively manage a complex and chaotic environment, nurse managers should trust their team, have speed and adaptation skills, be based on human factor principles, and provide a safe working environment. Education should be emphasized so that nurses can work in specialized areas and nurse managers can improve their management skills.

A comprehensive review on technology transfer

In the evolving corporate world, there's a growing focus on leveraging technological assets through technology transfer, a trend fueled by globalization, economic liberalization, and stronger intellectual property rights since the World Trade Organization's inception. These factors have integrated technology transfer as a critical aspect of the global business framework. However, the process of technology transfer is complex, and transferees often lack the necessary skills for effective management. While existing literature extensively covers these topics, it notably lacks practical solutions for these challenges. To bridge this gap, this paper introduces a novel "Life Cycle Approach for Planning and Implementing a Technology Transfer Project." This approach is designed to help avoid common pitfalls and address key management issues in technology transfer. The study begins by exploring the concept of technology transfer and reviews several existing models. It evaluates their pros and cons, leading to the proposition of the "Life Cycle Approach." This innovative model is intended to resolve frequent problems encountered by technology transferees, providing a structured methodology for managing technology transfer initiatives. The paper concludes with a mention of a project by the UNESCAP Asian and Pacific Centre for Transfer of Technology (APCTT), which utilizes this Life-Cycle concept. This project exemplifies the approach's practicality in enhancing the Asia-Pacific region's technology transfer capabilities, highlighting its relevance and applicability in diverse global contexts.

경영자 능력이 사업위험에 미치는 영향

[Purpose] This study aims to analyze the impact of managerial abilities on a company’s business risks and examine whether ESG (Environmental, Social, Governance) management has a differential effect. [Methodology]The study conducts an empirical analysis on manufacturing companies listed in the Korean Stock Exchange and KOSDAQ from 2012 to 2022. It utilizes the Earnings Downside Risk (EDR) measure proposed by Konchitchki et al. (2016) as a metric for business risk and assesses Managerial Ability using the method developed by Demerjian et al. (2012a). Additionally, the study employs ESG rating data from the Korea Corporate Governance Service(KCGS). [Findings]The study reveals that ESG management significantly lowers business risk, with superior Managerial Ability playing a crucial role, especially in companies focused on ESG practices. This suggests that effective management skills in ESG－oriented companies are key to reducing business risk. [Implications]The study indicates that effective ESG management in companies can lead to long－term competitiveness and reduced business risk, with skilled managers playing a key role in achieving strategic benefits like cost savings, improved efficiency, and a better corporate image.

Effect of Female board member on firm Performance: Evidence from Pakistan

This study examines the impact of women on boards as corporate governance on corporate performance, with a focus on evidence from Pakistan. The study used a sample of 100 non-financial corporations listed on the Pakistan Stock Exchange, selected using a dedicated sampling methodology and covering the period from 2010 to 2019. The results of the survey shown that women board members have a significant impact on the company's performance, indicating that women have effective management skills in asset management and related activities. The literature unanimously supports the idea that the presence of women on boards of directors has a significant impact on company performance. The importance of this study lies in the fact that it explores the different dimensions of women on boards of directors as aspects of corporate governance, providing valuable insights into the decision-making process of investors. In particular, the study contributed to the literature by addressing gaps associated with emerging economies, particularly in Pakistan, as most existing research focuses on developing countries.

Business Resiliency of Travel Agencies in the Volatile, Uncertain, Complex, and Ambiguous (V.U.C.A) World

Today, we live in a VUCA world, which stands for Volatility, Uncertainty, Complexity, and Ambiguity, raised to the third power. That is because of current changes in the world, such as social, business, financial and economic, technological, cultural, and educational changes. The purpose of this research is to attempt to develop a concept for organizational resilience in the face of economic change for travel agencies in the 2nd district of Albay. The study used a mixed-method research design to determine the perceptions of both owners and their employees, while five-point indicators were provided in the different areas to determine the respondents' business resiliency practices with the aid of the Likert scale. The analyzed data of the travel agency believed “slightly agree” on the business resiliency when the practice is exceedingly observed and predominantly exercised along with the services delivery platform (4.61), sales and marketing (4.21), human resource (4.23), financial management (4.32), and safety and security (4.69). Furthermore, all the above-mentioned variables were tabulated t at 1% and had a value of 10.48. Therefore, it is proposed that there are still necessary actions and resolutions to be made in order to be ready to further enhance the business resiliency of the VUCA World under this study. In this light, more effective management skills and strategies are required in order to address the identified challenges of the respondents. The travel agency owners must have a strategic model that will guide them in achieving their goals and sustaining their business.

Editorial

Editorial

Consultants` Perspectives of Survival Strategies for Small and Medium Construction Firms at Infancy Stage

This study examines survival strategies for Small and Medium Construction Firms (SMCFs) at infancy stage as well as the factors affecting the adoption of these strategies. The study area is Uyo Metropolis in Akwa Ibom State, Nigeria. The study employed stratified random sampling technique to select a sample for the study. Primary data obtained from 103 validated questionnaires, administered to professionals in the built environment are analysed using percentage, mean score and Kruskal Wallis test. Results reveal that all the strategies examined in this study are significant for the survival of SMCFs at infancy stage; dominant among the factors are: innovativeness, required skills, willingness to take risk, entrepreneurial attitudes and behaviours, entrepreneurial organization structure and strategies, and financial resource management. The results further reveal that the dominant factors affecting the adoption of survival strategies for SMCFs at infancy stage are: availability and access to finance, the poor state of the country's infrastructure, poor managerial/executive capacity of the implementing agencies, characteristics of entrepreneurs and failure to adapt to the changing business environment. The study recommends that in addition to regular training to acquire required skills for effective management of the firms, SMCFs should also adopt any or a combination of the strategies highlighted, to survive in the current dynamic and competitive construction environment.

Application of Data and Management in Engineering Sector

In this 21st century, the engineering complexity has increased drastically. Almost all the engineering problems are interdisciplinary, that means, the experts from different backgrounds (for instance, engineering, management, data analytics, etc.) are essential to solve any real time problems. The history is very affluent with many examples of project failures due to poor or inappropriate perspective. The project failures might be construction failure, start-up failure, business failure, management failure, etc. However, on the other side, there are many successful case examples which are implemented with effective management skills. Some examples include banishing darkness from Himalayan nation ‘Nepal’, travel management among millions of sports enthusiasts in 2012 London Olympics, fund raising in 2008 presidential campaign in United States of America, etc. This paper focuses on real time problems faced by most of the African countries with their isolation in online global business trend due to poor management skills. Some case examples of good management skills are presented at the end of this paper.

Significant Leadership Qualities for Saudi Arabia Construction Leaders

Construction industry involves diverse individuals and organizations which are all targeted to achieve a specific task within a specific time. It really needs strong leadership quality of construction leaders in managing construction projects successfully. Hence, this paper presents a study to uncover leadership qualities which should be possessed by construction leaders to ensure the success of the construction project. A survey was designed based on literature review and also the outcomes of qualitative exploratory study. It was conducted using a semi-structured questionnaire distributed amongst selected construction experts in Makkah, Saudi Arabia. The selected experts should have more than 10 years’ working experience in Saudi Arabia construction industry. The survey managed to collect 31 valid responses. The collected data was analysed using Average Index (AI) method to rank the qualities based on the significant level of each of the leadership quality. It was found that 10 most significant leadership qualities required by construction leaders are self-confident, problem solving skills, willingness to take responsibility, honest and trustworthy, respectful with subordinates, sufficient experience, integrity, effective management skills, continuous quality improvement and reliable with subordinates. These identified significant leadership qualities should be considered by construction stakeholders in hiring new employees or retraining their existing workers for Saudi Arabia construction industry.

Self-management Experiences of Older Korean Women With Urinary Incontinence: A Descriptive Qualitative Study Using Focus Groups.

The purpose of this study was to explore the self-management experiences of Korean women with urinary incontinence (UI). Descriptive, qualitative study using focus groups. Twenty-two community-dwelling women, 65 years and older, participated in 3 focus-group interviews. Participants were recruited from 2 elderly halls and 1 senior welfare center in South Korea. Three focus group interviews comprising 6 to 8 individuals were conducted in a quiet venue at the elderly hall or senior welfare center. Two investigators performed the interviews; one acted as moderator and one as notetaker; interviews began with scripted open-ended questions. All interviews were electronically recorded and transcribed verbatim. Using an inductive thematic approach, data were first analyzed by the first and second authors; and all 4 authors contributed to coding and agreed on final themes. Korean women perceived UI as a loss of dignity, an odor problem, an uncontrollable disease, and a life impairment. Thematic analysis revealed 4 themes regarding the self-management experience of UI: preserving self-respect in the sociocultural environment, deodorizing the smell, keeping the secret of uncontrollability, and adjusting to an impaired life. Women in this study used various daily-living strategies to manage UI, but they mainly implemented strategies to keep UI a secret, including restrictions in activities of daily living. Educational approaches are needed to inform women with UI about more effective management skills.

Financial Sustainability and Cost Recovery in Small Towns Water Systems in Eastern Region of Ghana

The sustainability of water facilities is one of the major challenges in the delivery of safe water to rural communities and small towns in Ghana. This study therefore aimed at assessing the financial sustainability of the small towns water systems in the Eastern Region based on the level of cost recovery. Secondary Data collected from various STWS were used. Variables of interest were analysed using descriptive statistics and a random effect regression, and a pooled logit regression. Interviews were also conducted. The study found more than 50% of the STWS in Eastern Region are unable to raise their expected revenue. Again, the study revealed that most STWS are relatively efficient, having positive net-incomes after all expenditures, and improved remuneration and regular maintenance helps to improve revenue from STWS. Further, majority of the STWS are financially sustainable because the operation, maintenance costs and the capital maintenance costs are all recovered from tariffs. It was revealed that user financing of full implementation costs for STWS is an unrealistic goal and that cost recovery for on-going service delivery, recurrent operation, and maintenance may be a more achievable target. It is recommended that the WSMT managing the STWS should be equipped with financial management skills for effective management of the revenue generated from the STWS. They should undertake regular maintenance and repairs and improve staff remuneration to increase productivity, improve revenue generation, and enhance the financial sustainability of the STWS. The Municipal and District Assemblies should monitor the activities of the WSMT and provide technical support in terms of budgeting, financial reporting and auditing of their accounts to contribute to the financial sustainability of the STWS.

Trauma Boot Camp: A Simulation-Based Pilot Study.

Introduction: Interns are often unprepared to effectively communicate in the acute trauma setting. Despite the many strengths of the Advanced Trauma Life Support (ATLS) program, the main shortcoming within the course is the deficiency of teamwork and leadership training. In this study, we describe the creation of an interdisciplinary boot camp in which interns' basic trauma knowledge, level of confidence, and teamwork skills are assessed.Methods: We designed a one-day, boot camp curriculum for interns of various specialties with the purpose of improving communication and teamwork skills for effective management of acute trauma patients. Our curriculum consisted of a one-day, twelve-hour experience, which included trauma patient simulations, content expert lectures, group discussion of video demonstrations, and skill development workstations. Baseline and acquired knowledge were assessed through the use of confidence surveys, cognitive questionnaires, and a validated evaluation tool of teamwork and leadership skills for traumaResults: Fifteen interns entered the boot camp with an overall confidence score of 3.2 (1-5 scale) in the management of trauma cases. At the culmination of the study, there was a significant increase in the overall confidence level of interns in role delegation, leadership, Crisis Resource Management (CRM) principles, and in the performance of primary and secondary surveys. No significant changes were seen in determining and effectively using the Glasgow Coma Scale, Orthopedic splinting/reduction skills, and effective use of closed-loop communication.Conclusion: An intensive one-day trauma boot camp demonstrated significant improvement in self-reported confidence of CRM concepts, role delegation, leadership, and performance of primary and secondary surveys. Despite the intensive curriculum, there was no significant improvement in overall teamwork and leadership performance during simulated cases. Our boot camp curriculum offers educators a unique framework to which they can apply to their own training program as a foundation for effective leadership and teamwork training for interns.

Chronic pain in adults with sickle cell disease: a lived experience study

Individuals with sickle cell disease (SCD) are living longer with chronic pain. Patients report that clinicians do not clearly understand the pain from the individual's perspective, and at times lack effective management skills for this unique pain. It remains unclear what is considered chronic pain by providers and patients. Studies on chronic pain epidemiology have mostly reported quantitative data. This study used a qualitative methodology to describe, identify and define chronic pain from the participant's perspective, using a phenomenological approach of the lived experience.

Customer service, employee welfare and snowsports tourism in Australia

PurposeThe aim of this paper is to explore the extent to which employee welfare and human resource management impacts on customer service.Design/methodology/approachData were collected from a number of operational staff of the Mount Kosciusko ski fields in Australia. The staff was selected at random and comprised both permanent local staff and seasonal staff, and completed a self‐administered questionnaire.FindingsThe results highlight the challenging living conditions of many seasonal workers on whom the industry depends and at the organizational level this research demonstrates a need for effective management skills and employment strategies that reflect the needs of seasonal staff. As was shown, there is a relationship between staff satisfaction, camaraderie and customer satisfaction.Research limitations/implicationsTo better gauge the extent to which this research is applicable to all “front line” employees this study could be replicated in such locations as islands or isolated resorts with comparisons made with the same labor in established tourism resorts. The limitation of this study would be the specific mountain location in which it was conducted, and the size of the sample.Practical implicationsThis study clearly identifies an area of human resource management which needs to be considered. When a region relies heavily on seasonal staff their welfare should be of prime consideration, because disgruntled staff translates directly into disgruntled customers.Originality/valueThis paper adds a clearer understanding to the body of knowledge surrounding staff retention in the service industries.

How long should a training program be? A field study of “rules‐of‐thumb”

PurposeThis study aims to examine the question of how long a behavioral skills training program should be in order to result in measurable behavioral change.Design/methodology/approachAn empirical field study was conducted to compare two different lengths of time for a managerial skills training program aimed at achieving behavioral change. The training time for the first training condition was based on “rules‐of‐thumb” found in the literature. The training time was increased in an “extended” training condition that covered the same material but permitted more time for lecture, role‐playing and discussion.FindingsResults showed that, relative to a control group, participants in the “extended” training condition exhibited behavioral change, but those in the “rules‐of‐thumb” training condition did not. Self‐efficacy increased significantly for trainees in both training conditions.Practical implicationsMore attention is required to the length of training programs as they are being designed, especially if behavioral change is a goal of the training. Using rules‐of‐thumb regarding training length may be insufficient for bringing about behavioral change. More importantly, the need for more effective management skills will not be met, and organizational performance outcomes may be jeopardized.Originality/valueThe results of this research have the potential to be broadly applicable to management training and may possibly generalize to training in other disciplines where the training is intended to effect behavioral change.

Communication Skills for Effective Management

Communication Skills for Effective Management

What Constitutes Good Mathematics Teaching and How it Develops: Nine High School Teachers’ Perspectives

Scholars of decades past, current researchers, and various reform documents all deal, directly or indirectly, with the question of what constitutes good mathematics teaching. Often good teaching is situated in the context of broader educational goals, such as preparing literate citizenry. Researchers generally define good teaching implicitly with attention to various processes such as reasoning and problem solving. In a series of three interviews, we examined nine experienced and professionally active teachers’ views of good mathematics teaching and how it develops. The interviews were couched in the context of the teachers mentoring student teachers. In general, these teachers thought good teaching requires a sound knowledge of mathematics, promotes mathematical understanding, engages and motivates students, and requires effective management skills. Furthermore, the teachers felt that good teaching is developed from experience, education, personal reading and reflection, and interaction with colleagues. Experience was considered the primary contributor. The article compares and contrasts the teachers’ notions of good teaching with those of various scholars and researchers and positions stated in various reform documents.

Indicators of presidential effectiveness: a study of trustees of higher education institutions

Presidential performance is critical to institutional effectiveness. Therefore, to ensure institutional effectiveness, the board of trustees pays careful attention to the qualifications of individuals hired for the job. To guarantee accountability and commensurate rewards, most boards evaluate their presidents periodically. However, presidential evaluation has a potential to yield negative consequences if poorly conceived and implemented. To reduce the chances of these negative consequences, the goal of this study was to investigate indicators of presidential effectiveness as a basis for shared reasoning among trustees who are charged with the responsibility of hiring, assessing, and compensating college and university presidents. Over 600 trustees in all higher education sections participated in this study. The study shows that: knowledge of higher education; an influence that helps to attract resources; a healthy relationship with key constituents; and effective management skills are important indicators of successful presidents. Some sectoral differences were observed in terms of the significance of indicators of presidential effectiveness. The study concludes with recommendations for presidents, and college and university boards of trustees.