Today's Dynamic Business Environment Research Articles

THE INFLUENCE OF WORK MOTIVATION AND WORK DISCIPLINE ON THE EFFECTIVENESS OF EMPLOYEE WORK IN THE DIRECTORATE WORK UNIT AT Poltekkes Ministry of Health Jakarta III

In today's dynamic and competitive business environment, the effective functioning of employees plays a pivotal role in the success of organizations. This study aims to explore and establish explanatory insights regarding the influence of (1) Work Motivation on Employee Work Effectiveness, (2) Work Discipline on Employee Work Effectiveness, and (3) Work Motivation on Work Discipline. Employing a quantitative approach, the research encompasses the entire employee population of the Directorate work unit at Poltekkes Ministry of Health Jakarta III, with a sample size of 55 respondents. Data collection is conducted through a combination of questionnaires and interviews. The findings highlight significant relationships: Work Motivation (X1) demonstrates a substantial correlation with Work Effectiveness (Y) (T-Statistic: 2.206, p > 1.96). The positive original sample estimate of 0.370 underscores the link between Work Motivation (X1) and Work Effectiveness (Y). Similarly, Work Discipline (X2) and Work Effectiveness (Y) exhibit significance (T-Statistic: 3.568, p > 1.96), with an original sample estimate of 0.592 indicating their positive relationship. Notably, the relationship between work motivation (X1) and work discipline (X2) is profoundly significant (T-statistic: 94.559, p > 1.96), supported by an original sample estimate of 0.945, confirming their positive association. In conclusion, this study contributes valuable insights into the interplay of Work Motivation, Work Discipline, and Employee Work Effectiveness within the context of the Directorate work unit at Poltekkes Ministry of Health Jakarta III.

Nexus between Knowledge Management and Creative Organizational Climate on Smart Organizations: Case of the Manufacturing Industry

The purpose of this study is to examine the knowledge management and creative organizational climate to assess their impact on smart organization in manufacturing industry. However, a descriptive study was conducted using a mixed method research. Primary purpose data were gathered from 50 food and beverages manufacturing companies based in UAE. The secondary data were based on prior studies, literature, books, journal, and academic publications. This study has examined the empirical view of relationship measurement of each variable. As a result, there are significant relationship among each variable that explains the organizations must adapt and innovate in the quickly shifting business environment of today to remain competitive. Knowledge management plays a crucial role in capturing, organizing, and leveraging knowledge assets within an organization. It facilitates the creation, sharing, and application of knowledge, enabling organizations to make informed decisions and drive innovation. Moreover, fostering a creative organizational climate encourages employees to think critically, explore new ideas, and collaborate effectively. This study also highlights the significance of knowledge management and a creative climate in the development of smart organizations that are agile, adaptive, and capable of embracing emerging technologies and market trends. By effectively managing knowledge and creating an environment that fosters creativity, organizations can enhance their ability to innovate, drive growth, and achieve sustainable success in today's dynamic business environment.

Cultivating emerging leadership competencies for individual and organizational success

Purpose: Leadership is a critical factor for individual and organizational success in today's complex and dynamic business environments. Effective leaders possess a wide range of competencies that enable them to inspire, guide, and influence others to achieve common goals. This study examines the concept of leadership competencies and their roles in fostering individual and organizational success. Research methodology: This methodological approach is based on a review of published literature outlining the significance of the leadership competency concept and the four key emerging leadership competencies for organizational performance. Results: The findings indicate the importance of the competency paradigm, which contributes to the quality of leadership. Specifically, key emerging competencies will provide valuable insights for leaders, human resource professionals, and researchers in the field of leadership development. Limitations: The research review method is based on secondary data; hence, it has its limitations. Owing to the evolving dynamic contextual leadership landscape, some crucial leadership competencies may emerge over time in some geographical organizational contexts. This necessitates a continual study and analysis of the evolving trends in emerging leadership competencies in organizations. Contribution: This study contributes to enhancing insights and knowledge of leadership development. Other concepts discussed include the competency definitions, competency model, skill-based model, and integrative competency framework. Novelty: The research and discussion on the proposed integrative emerging leadership competencies add to the merit of this paper. There is evidence that the competency framework results in individual and organizational performance.

ENHANCING PERFORMANCE THROUGH TOTAL QUALITY MANAGEMENT: UNVEILING THE MEDIATING INFLUENCE OF KNOWLEDGE TRANSFER

In today's dynamic and competitive business environment, the organizations strive to attain superior performance by executing effective management strategies. One such strategy that has gained significant attention is Total Quality Management (TQM). This study aims to delve into the relationship between TQM and organizational performance, with a specific focus on the mediating effects of knowledge transfer. Drawing on comprehensive review of literature and empirical analysis, this research investigates the impact of TQM practices upon organizational performance, considering the crucial role played by knowledge transfer mechanisms. The study employs quantitative research design, collecting data from a manufacturing SME’s operating in Lahore, Pakistan. SEM is used to analyze data and test proposed hypotheses. The findings shed light on the significant positive relationship amid TQM & organizational performance, highlighting vital role of knowledge transfer as a mediating mechanism. The organizations that aim to improve performance should focus not only on implementing TQM practices but on establishing effective knowledge transfer mechanisms.

Leadership Styles and Their Influence on Project Team Performance

In today's dynamic and competitive business environment, effective leadership stands as a cornerstone for successful project outcomes. This research delves into the multifaceted relationship between leadership styles and project team performance, exploring the intricate interplay between various leadership approaches and team dynamics. Utilizing a mixed-methods research design, this study comprehensively investigates the impact of leadership styles – including transformational, transactional, laissez-faire, democratic, and autocratic – on project teams across diverse industries. The quantitative phase involves structured surveys administered to project team members and leaders, aiming to quantify the prevalence of different leadership styles within various organizational contexts. Simultaneously, the qualitative phase employs in-depth interviews and focus group discussions, capturing the nuanced experiences and perceptions of team members and leaders regarding the influence of leadership styles on motivation, collaboration, and overall project success. Through rigorous analysis, this research reveals intriguing patterns and correlations between specific leadership styles and project team performance metrics such as quality, timeliness, and efficiency. Moreover, it sheds light on the underlying mechanisms through which leadership impacts team dynamics, uncovering the pivotal role of communication, empowerment, and adaptability in shaping collaborative efforts. Furthermore, this study emphasizes the significance of contextual factors, including project complexity and organizational culture, as crucial influencers of the leadership-team performance nexus. By understanding these contextual nuances, organizations can tailor their leadership strategies to optimize team synergy and enhance project outcomes. The findings presented herein not only contribute to academic discourse in the fields of leadership and project management but also offer practical insights for project managers and organizational leaders. By aligning leadership styles with the unique demands of their projects, businesses can foster a culture of innovation, resilience, and high performance, ultimately achieving sustainable success in today’s competitive landscape.

Psychological Capital, Autonomous Motivation and Innovative Behavior: A Study Aimed at Employees in Social Networks.

The present study investigates the relationship between positive psychological capital (PsyCap) and innovative work behavior (IWB), as mediated by autonomous motivation and participative leadership moderation. The study was conducted on a sample of 246 employees from various public and private organizations, recruited through different social networks. The moderated mediation analysis provided evidence about the impact of employees' PsyCap on their innovative behavior at work. This behavior will be higher when individual factors (PsyCap) and social factors (participative leadership) interact with one of the most self-determined forms of motivation. Our findings highlight the importance of the individual's positive psychological capital in activating the resources and motivation, necessary to develop innovative behavior in employees, thus achieving organizational success in today's dynamic and competitive business environment. The results also confirmed the moderating effect of participative leadership on the relationship between autonomous motivation and innovative behavior of employees, supporting that the relationship will be stronger when participative leadership is higher. Theoretical and practical implications are discussed, as well as limitations and suggestions for future studies.

Navigating the Digital Marketing in the Era of Social Commerce: An Exploration of Marketing Strategies for Today's Business Landscape

The rise of digital technologies has significantly transformed the marketing landscape, presenting challenges and opportunities for businesses of all sizes. With the increasing prevalence of social media, mobile devices, and other digital channels, marketers must adapt their strategies to stay competitive and engage with customers meaningfully. This paper explores the various dimensions of digital marketing, including social media marketing, influencer marketing, content marketing, email marketing, and search engine optimization. Additionally, it examines the role of data analytics and the importance of developing a robust online presence. By synthesizing current research and real-world examples, this paper provides insights into the best practices and tactics for succeeding in the digital era. Ultimately, it highlights the need for marketers to stay agile and proactive in their digital marketing approach to achieve lasting success in today's dynamic business environment.

СТРАТЕГІЇ ТЕХНОЛОГІЧНОГО МЕНЕДЖМЕНТУ ПІДПРИЄМСТВ АГРОПРОДОВОЛЬЧОЇ СФЕРИ: БЕЗПЕКОВИЙ АСПЕКТ

The article substantiates the conceptual foundations for implementing measures to ensure security in implementing the technological management strategy in agricultural enterprises under modern dynamic conditions. It has been researched that an essential prerequisite for guaranteeing the effectiveness of the technological management strategy in agricultural enterprises is identifying and leveling threats to its provision and implementation. Hence, the prevention and mitigation of the consequences of the dangers is the primary condition for ensuring the security of an enterprise. A threat to the safety of an economic entity in the agricultural sector under current conditions is an actual or potential possibility of manifestation of the destructive impact of various factors in its development, which leads to certain losses and negative consequences. It is determined that the goal of technological management is to ensure the technical development of an enterprise in the agricultural sector, i.e., a purposeful, continuous process of changes in the technological revolutions of the enterprise's economic activity, which determine the development of resources, and together makes it possible to ensure the technological competitiveness and sustainability of an enterprise in today's dynamic business environment. Attention is focused on the need to implement the main practical measures to ensure the security of the implementation of the technological management strategy in an agricultural enterprise, which would include the development of a strategic plan to strengthen the protection of business entities, the creation of a separate structural unit responsible for ensuring the security of the enterprise, the development of a mechanism for monitoring and assessing the state of external and internal markets and the formation of recommendations for possible ways to increase the level of competitiveness. Keywords: management, enterprise, security, threat, strategy, technological management.

The application of the radar approach in the European Foundation Quality Management (EFQM)

In managing today's dynamic and challenging business environment, managers want to show that their firms stand apart. The most common way to do this is to raise performance levels consistently. An organization's progress toward organizational excellence can be measured using the European Foundation for Quality Management (EFQM) Excellence Model, which is the most accurate and relevant method. The EFQM model is used in this research to provide a novel integrated strategy for improving overall organizational Performance. RADAR's approach and the proposed technique based on fuzzy Logic were used in a case study at the Iraqi Oil Tanker Company to demonstrate the applicability of the proposed method, which was demonstrated by using the European Foundation for Quality Management framework to identify strengths and opportunities for improvement ( EFQM). The Matlab software was used to implement the recommended strategy.

A Study on Impact of Customer Satisfaction on Brand Loyalty

Introduction: Customer satisfaction and brand loyalty is an emerging phenomenon and it is considering a vital issue for which the business firms are very sensitive. In today's dynamic and competitive business environment, building a strong and loyal customer base is a top priority for companies in all industries. The purpose of this study is to explore the effects of customer satisfaction and Brand loyalty. A convenient random sampling survey of 100 respondents was used for the research. The results illustrate that customer satisfaction significantly affects brand loyalty. Also, the factors of product quality and service quality affect Brand loyalty. Customer perception of product quality and service quality are almost equally to build up the satisfaction. We suggest that managers should consider product quality and service quality as foundations to build up customer satisfaction, Brand loyalty and, also to improve brand image as an added on value for customers.

A comprehensive examination of psychological capital research using bibliometric, TCCM and content analysis

PurposeIn today's dynamic business environment and crisis and pandemic like situations, psychological capital has become very significant for sustainable competitive advantage. Due to its importance in organizational context, researchers are investigating it from various perspectives, making it a burgeoning research area. Hence, this study aims to review the literature, provide identity in terms of various patterns and trends, and build the intellectual structure (academic structure) of psychological capital research by presenting a big picture. It further provides the theories, characteristics, context and methodologies (TCCM) analysis and potential avenues for possible future research to facilitate the growth of the field.Design/methodology/approachThis study compiles, evaluates and synthesizes the extant literature of psychological capital, consisting of 954 journal articles collected from Web of Science (WOS) database, using bibliometric techniques, content analysis, and TCCM analysis.FindingsThe study identifies various patterns and trends of psychological capital research and unfolds four major themes, namely psychological capital theoretical concept development, psychological capital relationship building with organizational variables, psychological capital as an underlying mechanism for linkage between organizational variables and psychological capital interventions. It also identifies TCCM outcome and potential avenues for possible future research. The study reveals that psychological capital research area is progressing and has enormous potential to advance in the future.Research limitations/implicationsThis study is pivotal to past–future orientation wherein past is being investigated for developing new pathways of psychological capital research. It has used research articles published in the WOS database, and future studies may further enhance the understanding of psychological research using other databases.Practical implicationsIn addition to advance a comprehensive understanding of psychological capital research, this study will be a quick reference and notable and profound resource for researchers venturing into this marked research area. Further, it will facilitate to leaders and managers to look into various possible avenues to enhance psychological capital of their subordinates for greater organizational good.Originality/valueTo the best of authors' knowledge, this is first study to advance a comprehensive and systematic understanding of psychological capital by integrating bibliometric, TCCM and content analysis.

Theoretical aspects of strategic diversification of agricultural enterprise activity

In today's dynamic and turbulent business environment, diversification has become a catalyst for achieving competitive advantage and creating synergies in market operations. This is due to the fact that manufacturing companies operate in conditions of high competition, especially among firms that produce the same or similar goods. In the conditions of globalization, market consolidation, economic instability, companies must look for new ways to strengthen their market position, reduce business risks and increase profits. The formation and implementation of the strategy of enterprise diversification allows to partially solve these problems. The strategic focus of market transformations on the implementation of qualitative transformations in the agricultural sector of the economy increases the need to develop and implement organizational and economic mechanisms for the functioning of agricultural enterprises and their management for effective development. This is achieved through the expansion of activities and optimal use of available resources. The actualization of diversification of agricultural enterprises in modern conditions is intensifying given that it is an effective tool for managing economic development, taking into account the peculiarities of agriculture, including those related to its seasonality, promotes full use of resource potential, strengthening financial synergies, increasing the competitiveness of the enterprise by restructuring the existing business and improving product quality. Increasing the level of diversification of the agricultural enterprise must be carried out very carefully, in each case taking into account the specific features of production, the structure of competition in the products market. Diversification of agricultural production will allow the company to influence the market effectively, form a clear development strategy, and thus obtain high assets, avoid possible risk. Keywords: diversification of agricultural enterprises, strategy, strategic development, competitiveness.

VIRTUAL AND ACCESSIBLE REALITY TECHNOLOGIES IN THE TRENDS OF MODERN ENTERPRISE COMPETITIVENESS

In today's dynamic business environment, any business organization strives to maintain its own competitive advantage in the market. Therefore, each company develops and implements methods that allow not only to maintain a stable position, but also to develop and increase the scale of activities in a particular area. Such methods include various innovative solutions, attraction of highly qualified personnel, improvement of management system, changes in technological processes in production and many other things. Recently, however, so-called virtual reality technologies (VR-technologies) have become increasingly popular among companies. They are becoming increasingly important due to the rapid development of information and communication and digital technologies, which greatly facilitate and diversify the lives of most people and organizations. Virtual reality technology is slowly entering the workplace and is used in many fields such as medicine, construction and design, automotive, military, logistics, architecture and design, education, sports, engineering, design, tourism, and more. The main advantage of such technologies is the possibility of complete immersion into the created reality, additionally acquired ability to feel and analyze both positive aspects and negative consequences of planned actions, as well as to simulate options for future events. Therefore, the use of modern VR technologies by more and more organizations plays an important role in the development of their competitiveness. According to scientists and practitioners, the benefits of using such technologies are, first, to create added value for consumers through a new set of skills and knowledge; second, to give the organization a virtual competitive advantage; third, the achievement by the company of greater flexibility, dynamism and persuasiveness when using virtual reality to demonstrate its product (for example, to disassemble and assemble its own products in order to explain the internal mechanism or something else); fourth, reducing the duration of the production process, which uses VR technology; fifth, reducing costs and increasing profits for the organization by optimizing processes, which will save resources and time, and others. The aim of this publication is to investigate the main theoretical and practical aspects of virtualization of organizations, in particular, the impact of VR-technologies on their competitiveness, to analyze foreign experience in the use of virtual technologies in business and to summarize proposals for competitive advantage based on virtual reality technologies.

Model for Research into the Factors Influencing the Effective Planning and Management of Production Capacity

In today's dynamic business environment, the success and competitiveness of any production organization is ensured by continuous improvement, sustainable development, effective planning and management. There is a growing scientific interest in the importance and relevance of production management in view of the strong need to redefine the policies and priorities within the respective strategic plan for business development - with increased focus on capacity planning in order for the industrial enterprises to adapt successfully to the dynamically changing conditions of the global environment and intense competition. Accordingly, full advantage is taken from the ample opportunities to study the impact of a number of factors on capacity planning and management. Based on an in-depth literature analysis, interviews and surveys, selected were 18 key factors that have a profound influence on the effective planning and capacity management of the production organization. Using the relationship between each of these factors and the capacity management is closely examined by applying the method of Interpretive Structural Modeling (ISM). Additionally, the interrelationships between the key factors under study are further analyzed by means of a Structural self-interaction matrix (SSIM).

NAVIGATING CHANGE: THE ROLE OF ORGANIZATIONAL TRUST IN ENHANCING JOB SATISFACTION

This study delves into the intricate dynamics of organizational change and its impact on job satisfaction while focusing on the mediating role of organizational trust. Organizational change is a constant in today's dynamic business environment, and its effects on employee well-being are of paramount importance. Through a comprehensive analysis of empirical data and organizational behavior theory, this research uncovers how trust within an organization acts as a mediating factor in shaping job satisfaction during periods of transition. The findings offer valuable insights for both leaders and employees navigating change in modern workplaces.

Povezanost tipa menadžera i društveno odgovornog poslovanja - slučaj preduzeća u Federaciji Bosne i Hercegovine

In today's dynamic business environment conditions, the socially responsible business occupies a special place. Socially responsible companies are more sensitive to the needs and expectations of the most important stakeholder groups: shareholders, employees, customers and the community. In addition to socially responsible companies working in accordance with the needs and expectations of mentioned groups, they can achieve many other benefits from corporate social responsibility: gain a better reputation and image in the market, attract quality human resources, attract many investors, etc. Application of socially responsible business in companies requires from managers proactive approach, stakeholders orientation and ethical behavior in making business decisions. When we talk about socially responsible business, in theory, there are three types of managers: immoral, amoral and moral type. Immoral type of managers actively opposes what is considered correct or ethical. The amoral type of managers is neither immoral nor moral. Their main characteristic is that they are not too sensitive to the fact that their business decisions can affect others. The moral type of managers uses ethical norms and adhere to high standards of good behavior. This paper researched the dominant type of managers, from the aspect of socially responsible business, in large private companies in the Federation of Bosnia and Herzegovina. The research determined that managers, who are not too sensitive to the fact that their business decisions can have harmful consequences for others, are the dominant type of managers in large private companies in the Federation of Bosnia and Herzegovina. The research was proven on 63 large private companies in the Federation of Bosnia and Herzegovina.

ОЦІНКА ВПЛИВУ БІЗНЕС-СЕРЕДОВИЩА НА ПРИБУТКОВІСТЬ ПІДПРИЄМСТВ

Based on the correlation and regression analysis, the article assesses the influence of external and internal factors of the business environment on the profitability of modern enterprises. The directions of improving the strategy for managing the profitability of domestic enterprises in the conditions of the dynamism of the business environment are determined, the implementation of which will give their leaders the opportunity to focus on the priorities of long-term development. Taking into account the impact of the variability of the business environment will allow enterprises to form an adaptation buffer in the face of the transformational challenges of our time. The expediency of carrying out a systematic assessment of the factors of the business environment for the activities of enterprises has been substantiated, the results of which will make it possible to adjust the priorities for the future development of entrepreneurial structures. The carried out correlation and regression analysis of the influence of the business environment made it possible to determine the progressive directions of the strategy for managing the profitability of enterprises. With the help of a quantitative assessment, a significant relationship was determined between the cost of goods sold and net profit, as well as the dependence of net profit on macroeconomic indicators of the country's development, in particular: the real wage index and the growth rate of nominal GDP. In today's dynamic business environment, one of the most important factors in the competitiveness of any enterprise is the development and implementation of a profit management strategy. Therefore, the authors have proposed strategic actions to manage profitability at the conditionally taken enterprise "XXX", namely: creation of an information base: analysis of the volume and composition of the income received; indicators that determine their size and leve; development of a forecast of possible options for the distribution of income by type of activity and their assessment; formation of the optimal variant of the distribution of enterprise income.

Threading the needle of the digital divide in Africa: The barriers and mitigations of infrastructure sharing

Coopetition is prevalent in today's dynamic business environment and has attracted research interests. Using coopetitive-based view, this study examines the antecedents and drivers of infrastructure sharing (IS) among local and multinational mobile network operators (MNOs) in Africa. Based on 21 interviews with different stakeholders in seven sub-Sahara African (SSA) countries, we develop an integrative framework of industry/market, technological, and institutional factors that affect IS between MNOs. We find evidence of institutional factors shaping the impact of the industry structure and technological factors on firms’ propensity to engage in coopetitive strategies. There is evidence that in contexts with low-level IS, inadequate regulatory interventions mean that the existing market conditions are reproduced, leading to further competitive behaviours from MNOs. For high- level IS, MNOs tend to engage in further coopetitive strategies through strategic learning and cooperate to resolve technological incompatibilities and engage in standards settings. We extend the existing scholarly works on coopetition and IS literature by providing an in-depth understanding of the obstacles faced by MNOs in adopting IS. The study further highlights that IS requires a shift from the competitive-based logic to a dynamic, coopetitive one, which is nonetheless challenging to achieve with limited institutional capacity and support.

Agile supply chain management: where did it come from and where will it go in the era of digital transformation?

In today's dynamic business environment, agile supply chain (ASC) has become a key strategic move to cope with market instability, handle competitive pressures and strengthen operational and organizational performance. Meanwhile ASC is a good example of a strategy drawing heavily on digitization since as a demand chain management it was information-centric and technology-centric from its inception. Yet, despite this relationship, a lack of coherence and clarity around the input of technology for ASC has impeded to portray accurately the relative importance of digitization in ASC strategies. This study provides a comprehensive and integrative review of 90 articles on ASC. By so doing, we contribute to the discussion about digitization in the supply chain in several ways. First, the paper reports descriptively and analytically how technology was addressed within the ASC literature. Second, it maps a nomological network of ASC research. Third, it finds that technology appears as a necessary but not-sufficient enabling factor for ASC deployment. Finally, a research agenda is proposed to suggest future research avenues to improve contributions to ASC performance.

Digital Supply Chain Agility Analysis Using IFTOPSIS Method

Technological developments have taken place in many areas since the occurrence of industrial revolution. The technological developments have entered the digitalization path with the industry 4.0 and have taken the potential of firms in terms of volume and diversity in response to unexpected and sudden changes in demand and markets as well as efficiency and increase the competitiveness and technological advancements in the process of supplying them and accelerated the digitalization process. With all this, it has highlighted the structure of the digital supply chain agility (ADSC), which is a means of competitiveness in today's dynamic and turbulent business environment within the supply chain. At this stage, logistics companies have sought to integrate digital technologies, smart systems, internet, robots and mobile applications into the supply chain, thus aiming to achieve higher agility. Firms aim to improve their processes and to keep customer satisfaction high, to maintain their profitability and to survive in the competitive market. The aim of this study is to increase the ability to respond to the changing and developing market and market conditions and to include the best logistics company which can fulfill the demands and requirements of a company that is trying to comply with Industry 4.0 requirements. Intuitionistic fuzzy TOPSIS method is employed to select the most appropriate logistic company.