International Journal of Management Excellence (IJME)
Not a member yet
142 research outputs found
Sort by
Influence of Strategic Management Process on Trans-Nzoia Teachers Sacco Performance
Get PDFStrategic management is the decision process that aligns the organizations’ internal capacity with the opportunities and threats it faces in the environment and is also an approach of specifying an organization’s objectives, developing strategies to achieve objectives and allocating resources to implement the strategies. Strategic management can be seen as a combination of strategy formulation, implementation and evaluation. Trans-Nzoia Teachers Sacco has undertaken strategic management process since 2005 with the aim of positioning the Sacco in the ever changing competitive business environment. No study has been done to a certain the effectiveness of the strategic management process on any organization hence the purpose of this study was to establish the influence of strategic management process (comprising of environmental factors, strategy formulation and strategy control and monitoring) on Trans-Nzoia Teachers Sacco performance. The specific objectives of the study were to establish the influence of environment on Trans-Nzoia Teachers Sacco performance, establish the influence of strategy formulation on Trans-Nzoia Teachers Sacco performance, and establish the influence of strategy Control and monitoring on Trans-Nzoia Teachers Sacco performance. The study was based on Trans-Nzoia Teachers Sacco, the theories reviewed were profit maximizing, Competition based, resource based, survival based, contingency and system perspective theories. Descriptive research was carried out simple random sampling method was used. The target population was 3452 consisting of the board, Members and employees of Trans-Nzoia Teachers Sacco Society limited., stratified random sampling method was used to select the sample size of 44 ,. The questionnaires were used to collect data from the respondents. Stepwise multiple regressions was used to analyze the data and identify predictors of Sacco performance. The main findings of the study were that the research variables of environment, strategy formulation and strategy control and monitoring had positive effect on Sacco performance and directly influence the Sacco performance
Regional Policy to Increase the Local Brand Attractiveness-The Case of Cap Energies-Corsica Business Cluster in Renewable Energy Field
Get PDFRenewable Energy has grown to become part of mainstream economics, industry and energy. The process started in the wake of oil shortages amid the 1970s energy crisis, when the major industrial countries of the world sought out an array of energy security strategies. Diversifying energy import–export trade, restructuring GDP, and increasing and backing home-sourced offers are all basic essential measures that different countries have adopted to different degrees in an effort to reduce dependency on imported oil. The last of these measures counts renewable energy as a vector of local generation. The past decade has seen the renewable energy sector really take off, driven by now well-structured industries starting to mobilize now-mature technologies. This developmental shift towards renewable energy has been framed by different policy measures that nevertheless share the same core rationale climate change. Among the pro-renewables policies adopted by France, the deployment of competitive clusters has proved an effective tool for leveraging the growth of renewables.Business clusters are geographically-concentrated economic structures assuring the often tenuous link between efficient national industrial policy efforts and regional planning and branding issues. From this perspective, the logic of synergy by connecting global to local issues remains to be created around a new paradigm: regional attractiveness/place branding. In today’s fast-globalizing world, the much-hyped concept of place branding has become critical for regions in fierce global competition to capture and secure geographically-mobile investment. In this context, promoting and attracting inward investment is a multidimensional challenge where business clusters have a pivotal role to play. Corsica, a small island economy, represents a case-in-point target of analysis through its long-standing PADDUC project (French decentralization policy on Corsica under the law dated 22 January 2002) and the CAPENERGIES business cluster a key link in the technological research strand, entrusted with the overriding role of leading the island’s transition toward decentralized energy independency. After highlighting the innovative technological approach of promoting socio-economic fabric as one of the key foundations to structured economic development and regional branding, this paper goes on to outline the joint-effect impacts of development of the CAPENERGIES competitive cluster in tandem with the process to find technology-centred solutions to drive development of the “renewable energy” industry in an island economy like Corsica.
Nonpositivism in Behavioral Accounting Research: Initiated a Collaboration of Paradigm
Get PDFThe purpose of this article is to explain how a paradigm can affect research results and how a paradigm apparently is no longer relevant in answering a practice, especially in behavioral accounting research. In addition, this article also want to describe what is the appropriate paradigm for development associated with behavioral accounting research. This article suggests that the failure of behavioral accounting research to narrow down between the research and practice of accounting due to the paradigm used in behavioral accounting research. Based on the characteristics of the behavioral accounting research interpretivism paradigm is more suitable. However, between positivism and interpretivism paradigm has advantages and disadvantages of each, and therefore the collaboration between the two is necessary
Measuring the Effectiveness of Online Advertising: The Tunisian Context
Get PDFThe development of the Internet tool was accompanied by a business turnaround which has deep effects on the rules of marketing and particularly company-customers relationships. The graphical interface that the Web can create between the company and its customers promotes its use as a medium of marketing communication. The advantages of e-communication are endless for companies, including timeliness, cost and interactivity. However, users are daily confronted with large masses of information which may affect the issue of effectiveness of this communication form. Therefore, it is necessary to know whether the information transmitted is accessed and if it achieves the objectives associated with it. In other words, to what extent the internet communication is effective. In this research, efficiency is studied through two indicators: the advertising memorization and the click on the pop-up advertising. The empirical study was conducted on a sample of 200 Internet users. The statistical analysis used is descriptive analysis and logistic regression. The main empirical results show that memory is largely affected by the location in the screen, size and animated banner advertising. As for the "click", it’s related to the colors used in the banner, size and clarity of the message
The development of supply chain finance in China
Get PDFFast economic growth inChina, as one of the largest manufacturing bases and markets in global economy, has stimulated innovations in financial service for facilitating supply chain operations. We have surveyed the supply chain finance industry inChina, and provide an introduction of commonly used financial products. We point out the obstacles and shortfalls in the development of the supply chain finance inChinaand provide recommendations for both private companies and policy makers on how to facilitate the growth of supply chain finance
Organizational Change and Organizational Effectiveness of Secondary Banking System in Albania
Get PDFContinuous organizational changes are required as well as successful implementation approaches of modern managerial methods. However, organizational changes in Business Organizations may often occur at inconvenient time, subject to the psychological preparation of employees or the whole staff in general. In these circumstances, the employees displayed strong resistance to accept changes although they may be decisive for the survival of Business Organizations. Further, what makes the Business Organization employees accept or refuse organizational changes? Which is the impact of their resistance on change implementation? Is it closely connected with their personal interests or is it merely a contradiction for the purpose of convenience? These questions and many others will be answered during this investigation through an empirical and theoretical analysis. The study will show the connection between organizational changes in terms of organizational effectiveness. Additionally, it will present a clear overview of the reality of Albanian Business Organizations regarding the organizational change and their mode of operation
Working Capital Management and Profitability Relationship-Evidences from Emerging Markets of UAE
Get PDFThe real estate & construction sector of UAE has seen tremendous expansion during 2004-2007 and a deep decline in the recent past due to global crisis. In spite of showing some signs of recovery in 2011, these sectors are still struggling with the excess of supply over demand, sluggish growth, so it becomes imperative to explore the relationship between the working capital management and the profitability.In the current study all real estate and construction companies listed on Abu Dhabi stock exchange have been studied for a period of 4 years from 2007-2010. The study is based on the secondary data obtained from the annual reports of the respective companies. The Return on Assets has been taken as dependent variable and cash conversion cycle and its components have been taken as independent variables. Size, leverage and liquidity are taken as control variables. The study uses correlations and multiple regression analysis to draw interpretations.The key findings of this study are that there exists a significant negative relationship between the profitability and the length of the firm’s cash conversion cycle. Longer the cash conversion cycle, lesser will be the profitability. The payables and inventories period are also found to be significant factors.This paper is first attempt to study the working capital management and profitability relationship in UAE’s Real Estate and Construction companies, (as per author’s knowledge) as no previous research has been undertaken in this context.The practical implication of this research is to guide the actions of UAE’s Real Estate and construction company’s policy makers. The results of this study can be used for giving the strategic focus on reduction of cash conversion cycle in order to enhance profitability. The effective management of Inventory and payables can ensure a sound bottom-line for the real estate and construction companies
Job Stress Level as Perceived by Staffs in the Government Sector Case Study: MARA Kuching, Sarawak
Get PDFStress is a reaction to excessive pressure or harassment at work. It is a physical, mental, or emotional response to events that cause bodily or mental tension. People in stress conditions may find it is hard to concentrate on any task and cannot be relied on to do their share. Some employers assume that stressful working conditions turns up the pressure on workers. A set aside health concerns; it will affect the productivity and profitability in today’s economy. This paper purposely to identify the level of job stress among government staffs. This study was carried out using a set of questionnaire and survey method. The questionnaire was distributed to 150 staffs of Majlis Amanah Rakyat (MARA) Kuching as representative of government sector and was analysed using SPSS version 19. The study had shown that most of the respondents were moderately stressful. It is very important that the organisations understands the needs of its employees and provide what is best for the employees
Partnership Strategy in SMEs Industry to develop Competitiveness and the Implication to the Corporate Performance : A Study on SMEs development in West Java Indonesia
Get PDFIt has been commonly acknowledged that the micro, small and medium enterprises (SMEs) play a very important and strategic role in the national economic especially in the GDP, the regional GDP, employment, income distribution and the poverty reduction. The population of SMEs in Indonesia has reached up to 53,823,732 units or 99.9% which are distributed throughout the Indonesian regions (The Ministry of Cooperatives and SMEs, 2012), and in the West Java Province itself there are 8,731,790 business units. This shows that through optimum capitalizing, it would bring significant contribution to the people’s welfare (BPS, 2011).Under the national development program aiming at pro poor, pro growth and pro rural, the counseling program to develop the SMEs should be prioritized. According to Zuhal (2010) the employment rate of 99.5% is the basic foundation and that the counseling and guiding in technological support to increase the productivity has been needed. However, the problem arising is that the competitiveness is pretty low which is due to the financing and marketing (BPS, 2011). Thus the mortality and frequency of shifting in types of business operation has become the common phenomena. The mission as prescribed in the Law number 20 regarding SMEs is to uplift the competitiveness and develop the business climate through a policy regarding partnership. One of the partnership aspects is the mutually beneficial relation between SMEs and the large scale business facilitated by both the Central and Regional Government to stimulate the partnership (Law number 20 of 2008 Chapter V articles 11 and 25).Partnership is not a new strategy but it has come up as an important issue due to the complexity and risks both in the national and international economic environment as well as the limited capability and resources in a business unit. Therefore the strategic partnership is sought to enhance the relation between the demand and supply in the form of cooperation between independent business organizations. Striving for the sales in the hight competition requires collaborative venture to face technology, extend the resources, increase productivity and quality, and penetrate new markets (Cravens, 2013). Thus, this research attempts to find out to what extent the effect of the strategic partnership can increase the competitiveness and the implication to the performance of SMEs in West Java.
Empirical Analysis of Non Performing Assets Related to Private Banks of India
Get PDFIn present scenario, Indian banks are struggling with challenges related with NPA’s. Some years before these banks were in Flourishing heights.but health of these banks deteriorated because of non performing assets. Many Indian banks have been controlled their non performing assets up to a level, but some banks still have been failed to control their NPA’s status, as a result, NPA hitting the profitability of these banks. Through this research paper we have examined the trend of NPA’s over the past 8 years and the relationship between NPA’s and profitability of private sector banks. According to the Reserve bank of India priority sector lending must be promoted so that those sectors who can’t approach the organized market for lending purposes and can’t afford the higher commercial rate of interest, can get loans in an easy way. RBI specified the percentage of loans to priority sectors out of the total money lent by the banks. This paper examines the NPA in Priority Sector Lending and the impact of priority sector lending on the gross NPA of private sector banks. The result showed the significant impact of priority sector lending on gross NPA of private Sector banks. This study revolves between the period 2005 and 2012