Turbulent Environment Research Articles

КОНЦЕПТУАЛЬНІ ЗАСАДИ УПРАВЛІННЯ КОНКУРЕНТОСПРОМОЖНИМ ПОТЕНЦІАЛОМ ПІДПРИЄМСТВ

The article substantiates that competitive potential, being a complex, dynamic category, depends on the level of enterprise development, competitive position, the ability to attract and combine certain types of resources. The definition of «competitive potential» was clarified taking into account its intentional and extensional characteristics. The study of the intentional characteristic of competitive potential was implemented through the formation of a conceptual-categorical concept of the term; distinguishing its properties and determining the relationship of the concept of «competitive potential» with related categories. The properties of the enterprise's competitive potential were separated into two blocks: emergent and methodological. The composition of emergent properties included integrity, non-additivity, relationship with the external environment, anti-entropy and complexity of competitive potential. Methodological properties of competitive potential are presented as: purposefulness, multiplicativeness, continuity, adaptability and synergy. The relationship of the concept of «competitive potential» with the identification of common and distinctive properties was investigated with such related categories as: «competition», «competitive relations», «competitive potential», «competitive advantages» and «competitiveness». The extensional characteristic of the definition «competitive potential of the enterprise» reflects the set of systems that are inherent in the meaning of the definition «competitive potential» and to which the corresponding term will be applied. The authors formed a causal chain «competition» – «competitive relations» – «competitive potential» – «competitive advantages» – «competitive potential» – «competitiveness», the use of which will increase the level of validity of research on the competitive potential of enterprises in market conditions. The necessity of forming a management system of the enterprise's competitive potential is explained by the turbulence of the market environment and fierce competition on the market. Based on the postulates of the system analysis, the authors proposed a conceptual scheme of the management system of the competitive potential of the enterprise.

Structures Of Dust and gAs (SODA): Constraining the innermost dust properties of II Zw96 with JWST observations of H2O and CO

We analyze JWST NIRSpec+MIRI/MRS observations of the infrared (IR) gas-phase molecular bands of the most enshrouded source (D1) within the interacting system and luminous IR galaxy II Zw 096. We report the detection of rovibrational lines of H2O ν2 = 1 − 0 (∼5.3–7.2 μm) and 12CO ν = 1 − 0 (∼4.45–4.95 μm) in D1. The CO band shows the R- and P-branches in emission and the spectrum of the H2O band shows the P-branch in emission and the R-branch in absorption. The H2O R-branch in absorption unveils an IR-bright embedded compact source in D1 and the CO broad component features a highly turbulent environment. From both bands, we also identified extended intense star-forming (SF) activity associated with circumnuclear photodissociation regions (PDRs), consistent with the strong emission of the ionised 7.7 μm polycyclic aromatic hydrocarbon band in this source. By including the 4.5–7.0 μm continuum information derived from the H2O and CO analysis, we modelled the IR emission of D1 with a dusty torus and SF component. The torus is very compact (diameter of ∼3 pc at 5 μm) and characterised by warm dust (∼370 K), giving an IR surface brightness of ∼3.6 × 108 L⊙ pc−2. This result suggests the presence of a dust-obscured active galactic nucleus (AGN) in D1, which has an exceptionally high covering factor that prevents the direct detection of AGN emission. Our results open a new way to investigate the physical conditions of inner dusty tori via modelling the observed IR molecular bands.

An effect of dynamic logistics capabilities on courier’s business performance

Courier companies face environmental challenges influenced by the development of e-commerce businesses, demanding high service quality and reliability in meeting consumer demand. Courier companies demand to<br />immediately adjust company strategies to be able to survive in competitive market conditions, the only way is to continue to keep dynamic on internal capability. This study develops and tests a model of the relationship between dynamic logistic capabilities, environmental turbulence, and business performance. As quantitative research, a survey was used to collect data. A sample of 70 valid answers from courier company members of the Association of Indonesian Express Delivery, Postal, and Logistics Services Companies(ASPERINDO) was treated through the Partial Least Square (PLS) method. The research results show a full mediation relationship between dynamic logistics capability and business performance, given the proportion of the impact of dynamic logistics capabilities on business performance (72.7%) identified in this study. As a result, the main result points out that the positive correlation between dynamic logistics capabilities and business performance strengthens the relationship evidence in the literature that dynamic logistics capabilities contribute to business performance, that is, sales growth, delivery reliability and security.

Market Behaviors and Economic Crisis: Insights from Financial Economics

The research abstract encapsulates a comprehensive exploration of market behaviors during economic crises within financial economics. The study aims to elucidate the intricate dynamics of market behaviors amidst crises and their implications for theory and practice in financial economics. Employing a mixed-methods approach, the research integrates theoretical frameworks with empirical evidence to offer insights into the complexities of market dynamics. The study design thoroughly examines theoretical constructs and empirical investigations, drawing upon established frameworks such as the Efficient Market Hypothesis and behavioral finance theories. The research unravels the interplay between rational and irrational factors driving market outcomes during crises through empirical studies, including analysis of historical market data and examination of investor behavior. The findings underscore the need for a nuanced understanding of market behaviors, emphasizing the integration of rational and behavioral perspectives in financial economics theory and practice. The study's implications extend to policymakers, investors, and market participants, providing actionable insights to navigate turbulent economic environments effectively and foster stability in global financial markets.

Leveraging strategic leadership for boosting operational resilience in hotels: the role of crisis response strategies and e-readiness

PurposeThe purpose of this study was to examine the impact of strategic leadership (SL) on business operational resilience (OR) in the hotel industry in Egypt, namely, during and after the pandemic. This investigation also aimed to explore the mediating function of crisis response strategies (CRSs) and organisational e-readiness (Oe-R) in this relationship.Design/methodology/approachThe researchers conducted a cross-sectional study using a questionnaire as the primary data collection method. Using partial least squares structural equation simulation (PLS-SEM), the study used a comprehensive sample that targets the general managers of all five-star hotels in Egypt.FindingsResults indicated that SL has a positive impact on CRSs and Oe-R. Furthermore, the results reveal a positive influence of Oe-R on both CRSs and hotel OR. On the other hand, CRSs do not influence hotel OR. The findings showed that CRSs fully mediate the link between SL and OR. However, CRSs do not serve as a mediator between Oe-R and OR. Furthermore, the findings showed that Oe-R partially mediates the link between SL and both OR and CRSs.Practical implicationsThe study yields unique and valuable theoretical and practical insights to guide hotel leaders and managers towards adaptive recovery and resilience in turbulent and crisis-ridden environments by demonstrating that the combined mediating function of CRS and Oe-R is more effective in strengthening the relationship between SL and OR.Originality/valueThis study represents a pioneering investigation that establishes a correlation between SL and OR, either through direct or indirect means. The research examines the involvement of CRSs and Oe-R as collaborative mediators in this relationship. Previous studies undertaken in the hotel industry and service sector have not investigated this specific element.

The Role of Information Technology in Strengthening Strategic Flexibility and Organisational Resilience of Small Medium Enterprises Post COVID-19

In fact, most organisations invest great resources to develop and integrate information technology (IT) and its use. Information technology capabilities (ITC) can generate a positive impact on organisations in many different ways. This study analyses how ITC affect organisational resilience (OR) through information quality (IQ) and strategic flexibility (SF). It studies the mediating role of IQ and the modulating effect of environmental turbulences (market and technological). The developed model was appreciated using data from 400 firms. The data were treated using structured equation modelling (SEM). The findings indicate that ITC strongly and positively impact SF through IQ to increase OR. We also demonstrate that environmental turbulence moderates the influence of SF on OR, but does not have an effect on the interrelationship between IT and SF. The developed and tested model defines a critical and pragmatic pathway for OR through a capability view.

Controlling-based organizational and economic mechanism of enterprise activity planning

In this article, the authors prove how introducing a control system for enterprises will, firstly, increase the level of business controllability and reduce the time for making managerial decisions. Secondly, it will help to control the company's assets and manage costs more effectively. Thirdly, it will significantly increase the profitability of joint-stock companies and ensure risk control and risk mitigation to increase the investment attractiveness of the business. Due to the variety of external and internal factors influencing the organization, there cannot be a one-size-fits-all recommendation for establishing a controlling function within a company. Empirical research shows that the most important influencing factors in controlling an organization are the size of the company and the dynamics of changes in the external business environment. In small enterprises, the chief accountant typically performs the controlling function, whose responsibilities include analytical accounting and budgeting. In larger enterprises, specialized departments are created with various tasks related to coordinating management processes and control. The relationship between control functions and environmental dynamics is quite interesting. In companies operating in a stable environment, the controller is seen as a recorder. In a limited variability of the external environment, the controller performs the role of a navigator, providing the company's departments with the most rational planning and control tools. In a turbulent environment, the number of problems that need to be addressed increases significantly. In such a situation, the controller emerges as an innovator who directly participates in problem-solving. In essence, controlling does not necessarily require a separate controller position. Instead, it implies the presence of specific tasks that the company's executives or management can perform. Initially, it is necessary to determine whether the controlling functions can be distributed among existing departments or if creating an independent controlling department is better.

Toward a dynamic capability perspective of digital transformation in SMEs: A study of the mobility sector

Digital Transformation (DT) has been considered a critical structural change for SMEs to be responsive and agile in today's dynamic and turbulent business environments. This significance is more evident in mobility and transport systems in which the sector is undergoing radical technological changes in the context of smart cities. However, SMEs must possess some capabilities to successfully leverage DT toward better performance and gain a competitive advantage. The current research is a step forward toward achieving this goal. Using a multiple case study of mobility sector SMEs in Australia, the authors explore the nature of Dynamic Capabilities (DC) in SMEs and discover digital transformation's enablers, barriers, and performance outcomes.

Collaborative leadership and productive work performance: The mediating role of nurses'innovative behavior.

This study aims to explore the relationship between collaborative leadership and nurses' productive work performance as well as the mediating role of nurses' innovative behavior in this relationship. Collaborative leadership is an imperative necessity in the contemporary turbulent healthcare environment as it provides a collaborative atmosphere where innovative behavior and productive performance of nurses are fostered, hence moving healthcare organizations toward competitiveness and sustainability. A cross-sectional descriptive correlational exploratory research design was used to conduct the study. Data were collected from 550 nurses recruited from three large university hospitals in Alexandria, Egypt, using three instruments, namely, interprofessional collaborative leadership in healthcare teams scale, productive work performance questionnaire, and innovative behavior inventory. The instruments of the study are Likert-type questionnaires through which nurses' perspectives regarding study variables were investigated. We used descriptive statistics, inferential statistics as well as structured equation modeling (SEM). SEM revealed that collaborative leadership accounted for 83% of the variance of individual productive work performance and 77% of the variance of nurses' innovative behavior. Moreover, nurses' innovative behavior partially mediates the relationship between collaborative leadership and their productive work performance. Collaborative leadership practices are powerful strategies to enhance the innovative behavior of nurses and sustain their productive work performance. Fostering a collaborative atmosphere in workplace is mandatory for nurses' innovativeness. Replacing hierarchal leadership styles with collaborative ones is a promising strategy to enhance the productive performance of nurses. Healthcare managers and leaders could cultivate an interprofessional collaborative culture in the workplace in order to sustain productivity and eradicate counterproductive work behaviors among healthcare providers.

Digital transformation and innovation ambidexterity: perspectives on accumulation and resilience effects

PurposeDigital transformation (DT) is among the vital factors contributing to innovation ambidexterity, especially for advanced manufacturing firms (AMFs). However, the empirical studies on the relationship between DT and innovation ambidexterity in AMFs from the perspective of knowledge management are inadequate. Therefore, this study aims to systematically analyze the impact of DT on innovation ambidexterity and its mechanism of action.Design/methodology/approachThis study selects 254 listed firms within the ten key areas of “Made in China 2025,” as they occupy a key position in China’s advanced manufacturing system. Based on the knowledge-based view (KBV) and contingency theory, it constructs a model of the influence mechanism of DT on innovation ambidexterity.FindingsThe results show that the DT of AMFs positively influence innovation ambidexterity. External pressure from environmental turbulence enhances the positive relationship between DT and innovation ambidexterity, demonstrating the “resilience effect,” external knowledge search (EKS) and broadening the knowledge base mediating roles between them, highlighting the “accumulation effect.”Originality/valueBy identifying this mediation mechanism of DT and innovation ambidexterity, this study provides new ideas for path research on the KBV. Moreover, this study explores the triggering effect of market environmental turbulence on the DT of firms. It reveals the boundary conditions of DT acting on innovation ambidexterity, expands the research perspective on organizational resilience and enriches the theory of power change.

Atlantic salmon in chronic turbulence: Effects on growth, behaviour, welfare, and stress

An increasing number of aquaculture companies aim to relocate Atlantic salmon (Salmo salar) farms to offshore locations exposed to large wave action. However, the impact that this environment will have on the fish reared within remains unknown, raising questions about their coping ability and welfare. The purpose of this study was to address this knowledge gap and understand how Atlantic salmon respond to wave-induced turbulence. For 8 weeks, post-smolts were exposed to chronic turbulence created using specially designed wave-generating equipment. During the trial, feed intake, growth, behavioural conditioning, plasma biochemistry and welfare were monitored. At study end, swimming capacities were determined, and vertebral deformities were assessed in a sub-group of fish. Despite both control and turbulence groups doubling their weights, the turbulence group exhibited a 5% reduction in size. A drop- in appetite, 17% across the first five days, and deviant behaviour was observed for the first 3 weeks in the turbulence group. These disparities disappeared in the latter half of the trial, suggesting the fish acclimatized. Welfare scores, haematological parameters, critical swimming speeds and deformity prevalence remained similar across both groups, suggesting the fish were not impacted by chronic turbulence on a physical or physiological level. In conclusion, these findings demonstrate that Atlantic salmon is a robust species with the capacity to adapt to novel more chaotic environments without suffering substantial reductions in welfare or long-term production performance. This suggests that Atlantic salmon will be able to adapt and thrive in wave-exposed turbulent offshore farm environments.

AMBIGUOUS EFFECT OF ENVIRONMENTAL TURBULENCE ON INNOVATION AND PERFORMANCE: ANALYZING TECHNOLOGY SECTORS

Environmental Turbulence (ET) refers to the uncertainty caused by unforeseen changes in a firm's external environment. Process Quality Management (PQM) is a sub-dimension of Total Quality Management (TQM). However, the literature has not examined the effects of ET on TQM and PQM applications. For firms that want to survive in a dynamic market structure, it is crucial to understand how sub-factors of ET (Market Turbulence (MT), Technological Turbulence (TT), and Competition Intensity (CI)) affect existing relations. We examined whether ET has a moderating or mediating effect on innovation, performance, and PQM. As a result of the study, we discovered that PQM has essential effects on reducing market turbulence and competition intensity.

Contradiction or Consistency: The “Double-Edged Sword” Effect of Asset Specificity on Organizational Resilience

In a turbulent environment, organizational resilience is critical to a firm's survival and long-term development. Specific assets, as a strategic resource for firms seeking a competitive advantage, have a “double-edged sword” effect on organizational resilience. There is less literature on the relationship between asset specificity and organizational resilience, and their perspectives differ. On the one hand, as the firm's “nuclear resource,” specific assets have “unique competitiveness” and assist the firm in resisting competitors and disruption. Specific assets, on the other hand, are “high locking,” making them unsuitable for the volatile environment. Its impact on resilience is contradictory, and it merits further investigation. This article investigates the impact of diverse types of asset specificity on organizational resilience and analyzes data from 302 Chinese firms. The findings show that “hard” asset specificity has a negative impact on organizational resilience, whereas “soft” asset specificity has a positive impact. As a dynamic capability, strategic flexibility mediates between specific assets and organizational resilience. Furthermore, organizational memory has a negative moderating effect on the relationship between strategic flexibility and organizational resilience. While organizational memory is useful for daily decision-making, it is ineffective for developing organizational resilience in turbulent environments. The article provides strategies for firms to invest in specific assets for the sake of developing organizational resilience.

ЭФФЕКТИВНОСТЬ УПРАВЛЕНИЯ В УСЛОВИЯХ ПОЛИТИКО-ЭКОНОМИЧЕСКОЙ ТУРБУЛЕНТНОСТИ

The article considers discusses the issues of effective business conduct in conditions of growing uncertainty in the business environment. In recent years, that uncertainty has increased sharply, which is determined, in particular, by two successive macroshocks (pandemic, 2020 and sanctions, 2022), which gave rise to poorly predictable changes in the Russian economy. The authors define the situation as political-economic turbulence. Political and economic turbulence in general negatively affects the efficiency of management in the economy, which is confirmed by available statistical data. At the same time, there are numerous counterexamples when, even in a turbulent environment, due to effective management it is possible to obtain high results in economic activity. It is shown that the current economic conditions require a revision of management approaches. Renewed management must be focused on protecting against the risks caused by turbulence, while at the same time taking advantage of the new opportunities it generates. In that regard, it is recommended to more actively use the project approach in management. The formation of a portfolio of projects balanced in terms of risks and performance allows economic systems to successfully function and develop even in conditions of political and economic turbulence.

The impact of shared service centres on the financial position of companies in a turbulent environment

The impact of shared service centres on the financial position of companies in a turbulent environment

Factors Underlying Organizational Resilience in SMEs

Small and medium-sized enterprises (SMEs) are faced with a double challenge: a turbulent environment and a lack of resources. To face this reality, SMEs are called to develop adequate organizational responses. Organizational resilience (OR) has emerged in recent years as an appropriate solution. Indeed, this concept has received particular interest from researchers. It has been described as crucial for the company on the same level as performance and efficiency. Studies on SME’s resilience are relatively rare. Moreover, research in this area has been identified as an interesting area for future research. Hence the interest of this research which attempts to unpack the different determinants of resilience in the context of SMEs by proposing a conceptual framework that integrates the individual level, the organizational level and environmental factors to explain this resilience. The aim of this paper is to enrich the theoretical framework of organizational resilience, to broaden the framework of the study to a new context, namely SMEs, and to integrate the individual level, the organizational level and the environmental factors in a conceptual model.

Steady-State Supersaturation Distributions for Clouds under Turbulent Forcing

Abstract The supersaturation equation for a vertically moving adiabatic cloud parcel is analyzed. The effects of turbulent updrafts are incorporated in the shape of a stochastic Lagrangian model, with spatial and time correlations expressed in terms of turbulent kinetic energy. Using the Fokker–Planck equation, the steady-state probability distributions of supersaturation are analytically computed for a number of approximations involving the time-scale separation between updraft fluctuations and phase relaxation, and droplet or ice particle size fluctuations. While the analytical results are presented in general for single-phase clouds, the calculated distributions are used to compute mixed-phase cloud properties—mixed fraction and mean liquid water content in an initially icy cloud—and are argued to be useful for generalizing and constructing new parameterization schemes. Significance Statement Supersaturation is the fuel for the development of clouds in the atmosphere. In this paper, our goal is to better understand the supersaturation budget of clouds embedded in a turbulent environment by analyzing the basic equations of cloud microphysics. It is found that the turbulent characteristics of an air parcel substantially affect the cloud’s supersaturation budget and hence its life cycle. This is also shown in the context of mixed-phase clouds where, depending on the turbulent regime, different liquid-to-ice ratios are found. Consequently, the theoretical approach of this paper is crucial to develop tools to parameterize small-scale atmospheric features, like clouds, into global circulation models to improve climate projections for the future.

Extended ArchiMate Metamodel with a context-awareness layer for a dynamic Enterprise architecture model

Nowadays, in a turbulent environment, enterprise must be proactive and even predictive to survive in front of the plenty natures of dynamics. Achieving the desired proactivity and predictability, supposes that the enterprise works in advance on its internal transformation plans, but also develops an awareness to its context, to intercept, analyze and simulate any potential trigger of change that could affect its stability or more precisely its state of equilibrium. In this work, the concept of enterprise architecture is considered as a tool for establishing alignment between business, strategy, and IT. This paper is a continuation to previous works seeking for a dynamic model of enterprise architecture, able to respond in an autonomic manner to the turbulent environment. The self-adaptiveness was highlighted basically using the well-known loop, monitor, analyze, plan, execute and Knowledge. The use of Case-Based Reasoning was suggested to store a collection of problems and their resolutions, then using algorithms of similarity and adaptation to suggest the problem’s best fit solution. To make the reasoning mechanism and similarity process as reliable as possible, it was important to maximize experiences and expand the knowledge base. For thus, the proposition was to share knowledge bases. In this paper, the context awareness is considered as second source to enrich the knowledge base and to stay vigilant and sensitive to triggers of change.

The Effect of Marketing Ability In Turbulence Environments In The Fast Food Industry

The Effect of Marketing Ability In Turbulence Environments In The Fast Food Industry

The Strategic Renewal Model of Organizations Under Environmental Uncertainty (Case Study: Startup Organizations in the Payment Industry)

The concept of strategy is intertwined with environmental uncertainty. In fact, strategic management can be seen as a systematic approach to dealing with environmental turbulence and changes, ultimately ensuring business success and preventing the negative consequences of environmental changes in business. Therefore, many researchers and managers seek solutions to reduce the impact of uncertainty in order to make effective strategic decisions. Among the various methods that managers choose to manage environmental uncertainty, strategic renewal is considered one of the most effective approaches. Some businesses, such as payment startups, face greater environmental uncertainties due to the nascent nature of the industry on one hand and the nascent state of the organization on the other. The strategic management literature does not provide a comprehensive solution for the strategic renewal of nascent businesses. Hence, this study, using the case study research method and focusing on an active startup in the payment industry, aims to propose a model for the strategic renewal of payment startups operating in environments with high uncertainty. This research revealed that among environmental factors, certain factors lead to increased environmental uncertainty for startup businesses. Additionally, in this model, the components of the strategic renewal process, as well as the outcomes and consequences of implementing strategic renewal in these businesses, have been identified.