Spiru Haret University: Open Journal Systems
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The Chief Digital Officer – Savior for the Digitalization in German Banks?
Get PDFDigitalization is changing processes in the German banking market. This fact means significant challenges for companies. Many German banks could miss the connection in the age of digital transformation. According to a study, the management consultancy McKinsey even expects the return on equity to decline. And if the change that digitalization offers, is not properly implemented. According to the study, German banks are forced to digitalize processes due to low yields, as new players in the market (Fintechs) could shed up to 40 percent of their sales and up to percent of profits. The situation of how to deal with Digitalization correctly is much discussed. Organizationally, a lot was promoted under management aspects, and the industry is talking about the necessity of installing a so called Chief Digital Officer (CDO) next to the Chief Information Officer (CIO) / Head of IT. Is this a valuable solution
Common Mistakes in Social Media. A Case Study on a Non-Profit Company
Get PDFThis article is an idea about the new social media seen as a phenomenon of socializing on the Internet, specific to the last years. We believe that this phenomenon influences the daily activity of each person, carried out within the institutionalized or free time. Social media have become the channel of direct communication between companies and consumers, and that is why companies need to pay great importance to the strategic online marketing plan and allocate the funds needed for its development.We think, like most academics and researchers, that social networks have become the cheapest and most active form of customer communication and a tool for developing and deploying online businesses. Once again, it is true that technology does not help us if we forget about the main asset of the companies, the human resource. We strongly believe and sustain the idea that the success of social networks is based on the social human character or brain. By communicating, each of us looks into the mirror of the society we live in, and we expect continuous confirmation of our way of thinking, behaving, talking, etc. This is the axis on which SM is based.In this article, we are explaining in detail that the online businesses need to avoid the frequent mistakes made in commercializing through social media channels
Enlarging the Application of the Food Security Index at European Union Regions
Get PDFThe food security remains a major priority and a typical issue that requires immediate international solutions. Recent studies reveal the increasing complexity of food security issues focusing on the necessity to address formal actions and solve the dramatic situations. New tools are always welcome to facilitate solutions’ implementation.In September 2015, the United Nations Assembly adopted the 2030 Agenda of Sustainable Development among the goals of which the followings are fundamental: no poverty, zero hunger, good health and well-being, clean water and climate action. The European Union joined the Program, expressing the full commitment to its implementation. According to the Food and Agriculture Organization (FAO), the number of undernourished people reached in 2017 about 821 million peoples, representing an increase from about 804 million peoples in 2016. The 2018 statistics of FAO state that 22% of children under-five are affected by malnutrition, while over 38 million children in the same age group are overweight.Beyond the premises, as a novelty, we contribute at the food security knowledge by calculating a regional index at European and Romanian levels to better outline the realities and provide the decision-makers with a new tool to find better solutions
Rohingya-The Stateless Community Becoming the Lost Generation
Get PDFThe Rohingya is a Muslim ethnic minority group in Rakhine State of Myanmar.It is now established but controversial fact that the Rohingya is a stateless population of the world who has found shelter across vast swathes of Asia mainly in Bangladesh, and also in India, Pakistan, Thailand and Malaysia. But a majority of Rohingyas are living in various camps of Bangladesh with statelessness identity. Recently, the UN warns that the Rohingya children who are living in various camps of Bangladesh would be the lost generations of the world. This article discusses the aspects of “stateless community” and “lost generation” of the world’s most persecuted people-the Rohingya.
The Power of Mentoring and Digitization as Processes of Strengthening the Human Resource Departments' Activity
Get PDFHuman resources (HR) represent the core of any organization. The way the human resources activities are understood, managed, standardised and mentored is vital for the survival, development and success of any organization in market competitions. In the digitization era HR and HR departments activities contribute to the safety and efficiency of the company, sharing part of assets, investment and profits.The professionals working in the HR department (HRD) are undergoing a profound transformation of mentality and technological change as main challenges of finding specialists and retaining employees.There present research studies the way the coming years will influence the company top management and staffs’ activities so that the profit and market share not to be diminished or lost
Critical Success Factors in IT Project Management. Case study on IT Banking Front-end IT System Project in Serbia
Get PDFThe success of project management in organizations depends on the context, that is, on type of organization, type of projects they implement, the environment and the conditions for the realization of projects. What matters to the textual issues of project success is due to a number of factors - type of project, importance for organization, resources, and the like. Insufficient number of organizations successfully managed to implement project manager procedures, while others met with a large number of problems, the resistance of employees first of all, ignorance, lack of resources, bad time management and other issues. Organizations must have an incremental approach to the development and implementation of their project management methodologies, especially when it comes to implementing information technology project, that involve a great deal of human-work, innovation and usually cost a lot, development takes a long time, they are based on the knowledge of new technologies, and their success depends on the people who develop them, and those who will use those IT products and services. This is a great challenge for management in terms of use of information technology, budget and planning, involvement of the project team and establishment of support from the environment. Many IT projects are not implemented successfully because of poor application of project management procedures, lack of stakeholder support, absence of project sponsor etc.
Engagement of older persons in cultural activities: importance and barriers
Get PDFThe aim of this article is to present the importance of cultural activities for older person, as well as of the barriers related to engagement in such activities. Cultural activities involvement is recognized as a way to promote the social participation of older persons and thus it contributes to a better social inclusion of these persons. The first part of the paper points the importance of cultural activities among older Romanians, while the last part of the article presents the factors that limit a more engagement in such activities for people of age 65 years and ove
A Study of Intellectual Property Right on Micro Small and Medium Enterprises: Case Study TanjungBumi Batik
No full textThe contribution of Batik industry have exceptional influence for the Indonesian economy. The value of batik and batik products in 2017 reached 58, 46 million us dollars. Indonesian batik is exported to Japan, United State of America, and Europe (Cabinet Secretary Republic Of Indonesia, 2018). In giving incentive towards creativity and innovation to the batik industry, the government have an important role as a regulator. This research used qualitative and investigation method. The local government as a stakeholder or extension of central government play an active role in solving the problems ofintellectual property right especially in batik industry. This will be an incentive for the batik creativity and innovation in the long term
THE IMPORTANCE OF NATURAL RESOURCES IN THE ALBANIAN ECONOMY
Get PDFAbstact: Natural resources plays a very important role in ensuring the livelihood of rural communities. Besides providing food, they can be a precursor to poverty reduction and economic growth. Decentralization of natural resources management is estimated to generate considerable benefits which are analyzed in three aspects, the economic, social and ensuring their sustainable development. Even in our country, in the context of achieving high levels of democratic governance and transition to a consolidated market economy, have been undertaken several decentralization reforms in different areas. One of the most important, is the transfer of a part of natural resources such are communal forests and pastures, in owneship of local governments units, in order to fulfill better the community needs, increase benefits from their use and at the same time protect them. In this paper, in addition to the analysis of secondary data available, it is intended to assess community perceptions of the importance of these resources in the creation of family income as well as, the possibility to increase the income generated after their transfer to local governments. Assessment is based on primary data collected by surveying members of rural communities affected by the decentralization process of these natural resources