Strategic Information Management Research Articles

Commercialisation dynamics system principles and support units of entrepreneurial universities

Background: The Fourth Industrial Revolution has given rise to the demand for universities to produce knowledge and innovation. Universities play a significant role in equipping students with skills and knowledge conducive for commercialisation of innovation (CoI). This investigation addressed the commercialisation dynamics research gap of entrepreneurial universities.Objectives: To investigate commercialisation dynamics of a strategic information management (SIM) system to facilitate the CoI process of an entrepreneurial university.Method: This paper presents the qualitative component of a larger mixed method complex action research strategy. Data were collected through an in-depth face-to-face interview and analysed through descriptive content analysis.Results: The results highlight successful CoI practices fulfilled through the signification framework for the SIM system for commercialisation dynamics of entrepreneurial universities. The system is based on various components deemed suitable for commercialisation.Conclusion: This study has the potential to guide the University of Johannesburg (UJ), as well as other higher education institutions (HEIs) and institutions involved in entrepreneurship, innovation, and commercialisation, in creating an entrepreneurial environment for their innovators. Furthermore, this study can guide students, entrepreneurs, inventors, and innovators in terms of the process to follow to commercialise their business ideas, inventions, and innovation.Contribution: The SIM system incorporates dynamic system principles with intervention benchmarks and has intervention keys that will provide innovators with the safety net that will assist them in converting their ideas into commercialised products and services.

The Role of Information Management in Enhancing Organizational Resilience

In the face of constant change and unprecedented challenges, organizations are compelled to cultivate resilience. This study focuses on the pivotal role of information management in fortifying organizational resilience, recognizing the imperative for a strategic approach to information handling in today's dynamic landscape. Employing a quantitative research approach, the study aims to comprehensively understand the nuanced relationships between information management and organizational resilience. By capturing empirical data, quantitative methodologies enable statistical analysis to unveil patterns and trends, shedding light on the presence, strength, and direction of the relationship between information management practices and resilience. The study's contributions extend to both academic and practical realms. Academic researchers gain insights into how strategic information management influences organizational resilience, informing the development of new theories. Practitioners can leverage actionable insights to guide strategic decision-making, enhancing organizational adaptation and thriving. Whether through improving data security, enhancing information accessibility, or refining data management, organizations can fortify their foundations in the ever-evolving business landscape. In conclusion, this study offers practical implications for organizational leaders, emphasizing the pivotal role of strategic information management in not only surviving but thriving amid disruptions. The synthesis of empirical evidence and theoretical insights positions this research as a valuable resource for those dedicated to bolstering organizational resilience in the face of dynamic uncertainties.

ПРИНЦИПИ ІНФОРМАЦІЙНОГО УПРАВЛІННЯ СОЦІАЛЬНИМ МАРКЕТИНГОМ МАЛОГО ПІДПРИЄМСТВА ПІД ЧАС ВІЙНИ

In the article the authors outlined the principles of information management in social marketing for small businesses during wartime, emphasizing the necessity of adapting marketing strategies and marketing information system to maintain customer trust and loyalty amidst market instability and resource limitations. The purpose of the article is to develop and systematize a set of information management principles that optimize social marketing strategies for small businesses in wartime conditions. The article provided statistical data on the functioning of entrepreneurs during the martial law in Ukraine. The authors proposed a systematic approach to integrate social and ethical principles into marketing activities, highlighting the role of marketing information systems in collecting and analyzing data to make informed decisions. The article extended to the challenges small businesses face during the wartime, such as decreased demand, supply chain disruptions, and financial losses, and suggests leveraging social marketing tools for visibility of the activities of the entrepreneurs and community engagement. The importance of sensitive, accurate information dissemination during conflict times is underscored, along with strategies for supporting affected communities, ensuring service accessibility, and promoting humanitarian initiatives. In the article the authors argued for the effectiveness of social marketing in addressing societal issues, enhancing reputation, and fostering sustainable development, concluding that strategic information management is crucial for small businesses' resilience and growth during crises. In total, the article further emphasized the role of social marketing as a bridge between small businesses and their communities, promoting not only economic activities but also societal well-being and cohesion. By aligning business operations with social goals, entrepreneurs can contribute to peace building efforts and create a positive social impact, underscoring the integral connection between business resilience, social responsibility, and community support in times of conflict.

Management accounting system as mediator on sustainability performance

This paper aims to investigate the factors of competitive success and examine the relationship between Strategic Management Accounting, management accounting information systems and sustainability performance. This research was conducted with a quantitative approach. The survey involved 125 managers of 4- and 5-star hotels in Bali, Indonesia, a research sample of 154 managers was determined to be given a research questionnaire. Analysis of research data was carried out through Structural Equation Modeling. The results showed that strategic management accounting and Information Management Accounting System had a positive effect on sustainability performance. MAS information also mediates the relationship between strategic management accounting and sustainability performance which can involve a variety of factors. This study only focuses on competitive strategy and MAS information variables, so further research is needed on the sustainability performance of the hospitality industry. The positive relationship between strategic management accounting and social and environmental performance supports the argument that hotels use socio-environmental aspects for their strategic management accounting. Hotel managers also need government regulations and information related to social and environmental issues such as the Indonesian occupational health and safety management system and the Indonesia Green Hotel Award.

Tools for Implementing Strategies in the Context of Digital Transformation of Industrial Enterprises

Under conditions of uncertainty caused by sanctions and geopolitical changes, the correct choice of both strategic development priorities and management tools for their implementation becomes important. Given the global trend towards digitalization and the growing supply from software developers, it is necessary to understand clearly, which software products and for what purposes can be used effectively at specific enterprises. The challenge here is that due to instability, sanctions pressure, and withdrawals of foreign software from the Russian market, enterprises are forced to change business and technological processes, and to look for new tools for implementing development strategies. The purpose of the article is to determine the basic principles for choosing strategic management tools and information technologies as elements of strategic management at enterprises in the context of digital transformation. The article shows that due to the ongoing digitalization of industrial enterprises any tools for implementing the strategies must be considered within the framework of an automated process management model. It can be based on various information technologies or platform solutions, depending on the coverage of enterprise business processes, and the readiness to adopt digital technologies in strategic and operational management. The modern trend is to implement strategic development directions, relying on the internal ecosystem of the enterprise. Making the right choice of information technology within an enterprise ecosystem requires that technology investments are aligned with the company’s business goals, adaptable to changing needs, can integrate with existing systems, are user-friendly, secure, and provide a short-term return on investment. Ultimately, these principles enable businesses to successfully navigate the digital transformation journey and leverage technology as a strategic enabler for sustainable growth.

Exploring the Coupling Relationship Between Dynamic Marketing Capability, Strategic Information Management, and International Startup Performance

The ever-changing environment in a highly competitive marketplace presents unlimited business opportunities and endless challenges for international startups. To explore the coupled relationship between dynamic marketing capabilities, strategic information management, and international startup performance. For the first time, this study adopts a dynamic analysis and survey methodology and establishes a scoring and analysis model under a dynamic system. A questionnaire study with real data was conducted through 500 international startups in Hebei, China, and the data were processed and analyzed with the help of analytical software. The study discusses the coupling relationship between dynamic marketing capability, strategic information management capability, and enterprise performance, and reveals the intrinsic influence law of the three from multiple dimensions. Specifically, the three dimensions of dynamic marketing capabilities, namely, market knowledge management capabilities, interface synergy capabilities, and customer relationship management capabilities, can all positively affect the performance of enterprises, only the overall effect of the three dimensions on the performance is different, in which the market knowledge management capabilities can significantly improve the performance of enterprises. The strategic information management innovation of internationalized startups has a mediating effect between dynamic marketing capabilities and corporate performance, playing an indirect positive feedback role. The above study contributes to the future marketing management and performance improvement of internationalized startups.

Determinants of Strategic Management Accounting Information Disclosure under a Multi-Theoretical Framework: Evidence of Listed Firms on Ghana Stock Exchange

Sharing information is vital for decision-making as it helps mitigate risks by providing a wealth of relevant information. When the perceived risk is low, it ultimately reduces the costs associated with making a decision. Strategic Management Accounting Information is an important resource for decision-making. This study sought to identify the determinants of strategic management accounting information disclosure (SMAID) from multiple perspectives. The study used a non-experimental, quantitative correlational design to analyze 35 out of 36 firms listed on the Ghana Stock Exchange for a period between 2010 and 2019. The study employed a linear dynamic panel data model with a one-step system GMM. The model included lagged values of the dependent variable and accounted for unobserved panel-level effects. It was discovered that Board subcommittees have non-linear relationships with SMAID. The previous year's subcommittee negatively impacts SMAID, while the current year's has a positive influence. Past disclosures of strategic management and competitor accounting information have a positive impact on current SMAID. Past customer accounting information disclosures also positively influenced the current SMAID. The study reveals that past disclosures of strategic costing information positively and statistically affect current aggregate SMAID. It is recommended that firms establish effective board sub-committees that can provide oversight and guidance to the management team. Policymakers should consider enforcing the presence of such sub-committees to ensure high-quality and sufficient disclosure of SMAID. Maintaining a high level of SMAID from the previous year can positively impact the current year's SMAID, enabling firms to make better-informed decisions and enhance overall performance.

Strategic selling agreement and information management under leakage in an e-commerce supply chain

Nowadays, numerous manufacturers sell products through both an online e-tailer and an offline retailer. The e-tailer can use its rich sales data to predict the demand information and thus has the information advantage. This study develops a game-theoretic model to study the e-tailer’s selling agreement selection and information sharing policy in this multi-channel supply chain. The reselling agreement is adopted by offline retailer, while the reselling or the agency selling agreement can be prepared by the online e-tailer. Our analysis shows that the e-tailer’s information sharing strategy are quite different under these two agreements. That is, the e-tailer has an incentive to share information with the manufacturer voluntarily in the agency selling agreement whereas sharing information hurts the e-tailer in the reselling agreement. Interestingly, under an agency selling agreement, information sharing can make the manufacturer, the offline retailer, and the e-tailer becomes better than the non-information sharing scenario (i.e., Pareto-improvement). However, the reselling e-tailer only shares information with the manufacturer by virtue of information sharing contracting and the all-win outcomes are achieved if the demand uncertainty is high and the competition between the e-tailer and retailer is moderate. Furthermore, the interaction between the large commission rate and the less demand uncertainty drive the e-tailer to adopt the agency selling agreement; otherwise, the reselling agreement is the best choice for the e-tailer. Finally, we demonstrate that, when the e-tailer shares information with the manufacturer, the competing offline retailer always becomes better off due to the information leakage effect.

AFPr-AM: A novel Fuzzy-AHP based privacy risk assessment model for strategic information management of social media platforms

Social Media Platforms (SMPs) have changed how we communicate, share, and obtain information. However, this also comes at a cost, as users (willingly) share their Privately Sensitive Data (PSDs), such as pictures, real-time locations, and other personal connections, on SMPs. Recently, privacy concerns have gained much attention from both academia and industry. The current literature lacks the privacy risk assessment model that can lead the management sectors (e.g., industrial, social, and governmental) to cooperate to mitigate the privacy invasion risks of users’ PSDs in SMPs. Hence, we propose a novel assessment model (hereafter referred to as AFPr-AM), suggesting alternative strategies for reducing privacy invasion risks of users’ PSDs in SMPs based on determinant criteria. First, we explore multiple factors from the literature that affect the privacy invasion risks of users’ PSDs. Then, to prioritize the importance of determinant criteria, we seek sixty experts to participate in our survey and rank these factors. Finally, we apply the fuzzy analytical hierarchy process approach for weighting the criteria based on the experts’ opinions. Moreover, we employ a cooperative game theory-based multi criteria decision making framework to assess the possibilities of players’ interactions (e.g., management sectors), considering the weighted criteria as players’ payoffs. Our extensive experiments demonstrate that the AFPr-AM model provides effective strategic alternatives to mitigate the possible invasion risks of users’ PSDs in SMPs.

Цифровые платформенные решения в системе стратегического планирования Российской Федерации

The stated trends in the digitalization of the Russian economy have predetermined the need to develop ways to automate the collection and transmission of departmental and other data, which, after appropriate analytical processing, can be used as a decision support tool by authorities in the field of public administration. The implementation of this task is possible by creating digital platform solutions, including in the strategic planning system, which is the purpose of this study. The paper determines that there is no system of interrelated elements in the existing register of strategic planning documents; the possibility of quantifying the contribution of the document to the achievement of national goals and strategic national priorities is not presented. It is shown that one of the ways to improve the effectiveness of the strategic planning system is the transition from the existing format of the register of documents to a set of documents in the format of an interconnected system of elements “goal-task-event-indicator” strictly in accordance with the accepted architecture, which can be implemented by creating a single digital information and analytical platform for strategic management. As a result, it is noted that in order to take into account a large number of relationships between the elements of strategic planning documents on the one hand and the resource provision of socio-economic development and national security on the other hand, the relationships within digital platform solutions should be expressed in the form of mathematical dependencies, which will ensure continuity, balance and consistency between the elements of strategic planning documents.

Strategic Management of Social Information

Strategic Management of Social Information

The Effect of Knowledge Management, Strategic Management Information System, And Innovation Capability on Organizational Performance Pushidrosal Mediated by Strategic Leadership

The Effect of Knowledge Management, Strategic Management Information System, And Innovation Capability on Organizational Performance Pushidrosal Mediated by Strategic Leadership

The Influence Of Strategic Management Accounting And Information Technology Capability On Company Performance With Sustainable Competitive Advantage As The Mediator

This study analyzes the influence of strategic management accounting and information technology capability on company performance and examines sustainable competitive advantage that can mediate the effect of strategic management accounting and information technology capability on company performance. The population of this study was companies from raw materials, industry, primary and non-primary consumer goods, and health sectors in Indonesia. Meanwhile, the research respondents were the employees of these companies. To collect the respondents’ responses, we employed the survey method. The employees’ responses from the same company were averagely calculated to be one value; therefore, one value stands for one company. This study employed 203 relevant companies so that it employed a structural equation model based on covariance. The hypothesis examination has revealed that strategic management accounting has a positive effect on sustainable competitive advantage. Sustainable competitive advantage has a positive effect on company performance. In contrast, strategic management accounting and information technology capability do not affect company performance. Information technology capability has no effect on sustainable competitive advantage. Sustainable competitive advantage can mediate the influence of strategic management accounting on company performance. Sustainable competitive advantage cannot mediate the effect of information technology capability on company performance.Finally, the application of strategic management accounting enables companies to achieve sustainable competitive advantage and ultimately improve company performance.

Strategic management accounting in Bulgarian manufacturing SMEs

Analyzing the strategic aspects of managerial accounting in the context of reporting in industrial SMEs is a critical management issue. This paper aims to present the main results of an empirical study on this topic among some SMEs from the knitwear industry in the southern part of Bulgaria. Analytical and synthesis methods, descriptive statistics, and comparison techniques are used for this study. All the companies studied have been on the market for more than ten years and have experienced and well-trained managers and other characteristics that imply the availability of managerial reporting/accounting and the application of adapted models for strategic planning in SMEs. The analysis is intended to draw basic conclusions about the application of strategic management accounting in SMEs. In addition, the authors’ broader intention is to propose ideas for improving the strategic management reporting techniques that could be useful for management, especially in cases where strategic planning has been implemented. The authors find that the owners or managers of SMEs in Bulgaria are not aware of some features of management accounting that could be useful for their business, especially for strategic planning. It is believed that the range of services offered by external accounting organizations limits the level and thus the role of management accounting information for strategic management. Observations show that some models and techniques that could be good indicators of high risk of business failure are not applied because of the limited information base.

Budgeting in banking: Approaches and solutions

Subject. This article deals with the theoretical and applied issues of organizing the budgeting system at banks in the digital economy. Objectives. The article aims to clarify the methodology and structure of budgeting at banks on the basis of a comprehensive approach under the digital environment conditions. Methods. For the study, we used analysis and synthesis, comparison, observation, evaluation, generalization, description, systematization, and summarizing. Results. The article clarifies the concept of budgeting in banking activities and emphasizes its belonging to strategic management accounting and information and analytical support of the bank's activities. Based on a comprehensive approach to the development of a budgeting system at banks, the article proposes a master budget structure for the bank, which expands the modern scientific understanding of budgeting and helps improve the quality of management. Conclusions and Relevance. A comprehensive approach to the organization of the budgeting system helps plan the income, expenses and results of the bank's activities in the areas of banking, responsibility centers, and taking into account innovative development plans. The results of the study can be useful to the management of banks in financial result planning, searching for reserves for improving the efficiency of activities, studying the prospects and potential for introducing certain types of innovation, stakeholders when exploring the possibility of cooperation. The materials of the article can be used in scientific research on economics and in the educational processes of universities of the Russian Federation.

THE INFLUENCE OF RESOURCE BASED VIEW, STRATEGIC MANAGEMENT INFORMATION SYSTEM ON PERFORMANCE OF PERSONNEL IN INFORMATION INTELLIGENCE TECHNOLOGY IN STATE INTELLIGENCE AGENCY MEDIATED IN STRATEGIC POLICY

This research is aimed at the interests of the Organization of the State Intelligence Agency, especially the Deputy for Information Technology, which is the implementing element of some of the tasks and functions of the State Intelligence Agency in the Field of Technology Intelligence who is directly responsible to the Head of the State Intelligence Agency. The Deputy for Technology Intelligence has the task of carrying out policy formulation and implementation of Information Technology intelligence activities and/or operations. The method of analysis is done through explanatory research, with the application of PLS/SEM. Concepts and problems under study look at causality, then explain the variables causing the problem under study. The research sample was 96 Staff and Officials of the Directorate of Planning for Control of Activities and Operations, the Directorate of Telematics, and the Directorate of Geospatial Intelligence at the State Intelligence Agency. The results of this study Resource Based View has a positive effect on Performance. Strategic Management Information System has a positive effect on Performance. Strategic Policy has a positive effect on Performance. illustrates that Resource Based View, Strategic Management Information System and Strategic Policy at the Deputy for Information Technology of the State Intelligence Agency can have an influence on the performance of the personnel of the State Intelligence Agency. Theoretical implications of the Strategic Policy through increasing its dimensions will be able to improve the performance of the Deputy for Information Technology of the State Intelligence Agency so as to increase the trust and loyalty of related parties. Resource Based View, and Strategic Management Information System The results of this study strengthen the positive and significant influence of Resource Based View, and Strategic Management Information System on Strategic Policy. Improvement and development of the quality of human resources must first, pay attention to policies and strategies. The development will give a good indication of the performance of the State Intelligence Agency personnel.

Information practices in coopetition context: the case of a large video game company

Studies on the information practices in a cooperative context are rare. Yet, issues of access, sharing or retention of information are crucial. This study investigates how professionals in a global digital entertainment company define their information source horizon and the factors that influence them. Using Savolainen’s information horizon methodology, we conducted an exploratory study based on interviews organised at the Montreal studio during which our 29 participants had to place their sources of information on mind maps. Quantitative data was collected and analysed on participants' preferences for information sources. We also employed grounded theory techniques to review our interview transcripts using NVivo software. We propose a new categorisation of sources and confirm the typology of Savolainen’s criteria. The results revealed that coopetition and technological contexts shaped information practices of gameworkers. The results of our study on the informational practices of gameworkers could find application in strategic information and knowledge management.

INFORMATION TECHNOLOGY OF FORMING OPTION FOR LOGISTICS DISTRIBUTION CHANNEL CONFIGURATION RESISTANT TO EMERGENCIES

The problem and the main stages of choosing a rational configuration of a four-level logistics network that is resistant to the impact of emergencies forstrategic planning are considered. The problem under consideration belongs to the class of multicriteria optimization problems. Criteria related to thefinancial costs of building and operating a logistics distribution channel, as well as criteria related to the level of quality of customer service, arecontradictory. To solve the problem of stability of the logistics system configuration to emergencies, such as failure of intermediate warehouses,failure of transport arteries, etc., a strategic management information system was developed by integrating existing software components at the level ofenterprise software applications. The integration of the system was based on a service-oriented architecture, as all its components are heterogeneous innature. This approach allows you to reuse existing program code. To determine a sustainable configuration option, two criteria are used, which areconsidered equivalent: the level of costs for the maintenance of the logistics channel and the level of service quality in the event of differentemergencies. Since the probability of emergencies is unknown, the minimax criterion is used to minimize the risk when choosing a rationalconfiguration of the logistics network. For this purpose, losses from emergencies are calculated according to all criteria, and there is a variant of thelogistics network configuration that will be the least risky. That is, we will not be able to get a worse result than the one we rely on. The results of thestudy are presented in the form of a configuration variant of the logistics distribution system, which can be used in the future to determine businessoptions.

Short-run disequilibrium adjustment and long-run equilibrium in the international stock markets: A network-based approach

In this paper, we propose a network-based analytical framework that exploits cointegration and the error correction model to systematically investigate the directions and intensities in terms of the short-run disequilibrium adjustment towards long-run equilibrium affecting the international stock markets during the period of 5 January 2007 to 30 June 2017. Under this setting, we investigate whether and how the cross-border directional interconnectedness within the world’s 23 developed and 23 emerging stock markets altered during the entire period of 2007–2017, and two specific periods of 2007–2009 Global Financial Crisis and 2010–2012 European Sovereign Debt Crisis. The main results indicate that the magnitude of the short-run disequilibrium adjustment towards long-run equilibrium for individual stock markets is not homogeneous over different time scales. We report that the changes in directional interconnectedness within stock markets worldwide did occur under the impact of the recent financial crises. The derived networks of stock markets interconnectedness allow us to visually characterize how specific stock markets from different regions form interconnected groups when exhibiting similar behaviours, which none the less provides significant information for strategic portfolio and risk management.

Information culture as a valuable element of strategic information management

This study proposes a strategy development framework for information management in a construction business. The framework covers the typical project lifecycle of a construction business which includes work winning and delivery. It incorporates a cultural analysis approach that covers the range of cultural manifestations expected in organisations. The approach also combines qualitative and quantitative research techniques. Application of the proposed framework for the development of information management strategy in a leading construction business showed that examining the information culture of the leadership and staff of the organisation is helpful in exposing the relevant informational issues. The case study also helped to validate that the proposed framework is a viable method for identifying and resolving informational issues inherent in construction organisations. Lastly, considering that the information management strategy developed in this study is for a typical construction business, other companies in the same domain will find the resource valuable.