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Talent Management in Healthcare: The New Strategic Objective
Get PDFIn today’s rapidly evolving healthcare landscape, effective talent management has become a critical priority for any organization seeking exceptional and safe care, whilst driving a positive outcome and impact in people’s lives. This article delves into the intricacies of talent management in healthcare, from an operational standpoint, aiming to capture how the frontline workforce perceives talent management. It is hypothesized that by implementing comprehensive talent management strategies, healthcare institutions would be able to address the current challenges posed by the worldwide workforce shortages. The increasing demand for healthcare services has prompted organizations and governments to proactively approach talent management to attract and retain the right individuals with the right skills to remain competitive and even functional. Employee engagement initiatives, along with a robust culture of continuous learning and phycological safety, where individuals can be at optimal performance and positively impact patient experience and outcome, significantly reduce turnover rates and ensure workforce stability (Dyrbye et al., 2017)
Sustainability Management in Industrial Companies
Get PDFIndustrial companies have numerous avenues for implementing sustainability innovations, which can significantly reduce the negative ecological impact of their activities. In this context, a variety of options for action and types of innovation are available to companies at different system levels. These range from innovations in the material and energy flows used for processing, procedural and product innovations, through to comprehensive organisational and functional innovations at the consumer and user level. There are numerous interdependencies between the different levels and types of innovation
Relational Coordination: A Framework for Building Social Capital
Get PDFStudies examining employee personal resources have shown many benefits for the individual and his or her organization. Because managers are positioned to engage employees personally, they are the organization’s principal influence to develop subordinate personal resources. This paper develops a model of engaging relational coordination toward developing the personal resources of organizational members. Thus far, little depth of study has been dedicated to the relational coordination concept. Taken from sociology, organizational behavior, politics, and other related fields, the model is constructed to illustrate how managers might utilize the dynamics of relational coordination to facilitate employee resource gains. Specifically, it is suggested that manager activities to engage relational coordination will positively influence member relationships, organizational climate, subordinate attitudes, and interactive practices of organizational members
Resistance to Change or Transformation After Involuntary Unemployment and Underemployment: A Theoretical Model
Get PDFSignificant changes in workplace strategy or economic instability can lead individuals into emotional and spiritual crises, triggering identity transformations. This paper explores the effects of involuntary unemployment, underemployment, compromised employment, and mandatory retirement, referred to as involuntary second-order employment disruptions, on personal identity. Drawing from theories of quantum personal change and positive psychology, the paper discusses how these changes can lead to emotional and spiritual distress, akin to a “dark night of the soul,” potentially resulting in posttraumatic transformation. The transition through this crisis involves stages of resistance and adaptation, ultimately leading to a profound shift in identity and purpose. The process includes disengagement, disidentification, disenchantment, and disorientation, which can create significant psychological challenges, and involuntary opportunities for spiritual growth and self-actualization. The paper proposes that these employment disruptions are catalysts for deep personal transformation, highlighting the importance of managing such transitions effectively to foster resilience and positive outcomes
Perception of National Identity in a Group of University Students in Yogyakarta, Indonesia
Get PDFNational identity is critical in a multi-ethnic country like Indonesia. This research of 75 second-year psychology students in Yogyakarta, Indonesia, investigates conceptions of national identity. Employing Rusciano's Selbstbild and Guibernau's five-dimensional theory, an email survey with three open-ended questions was utilized. Thematic analysis revealed prevalent themes among respondents, primarily within the political dimension of national identity. Noteworthy were notions of respecting diversity, safeguarding rights and privacy, opposing discrimination, and combatting intolerance. The diverse ethnic and religious backgrounds of participants underscored Indonesia's multiethnic landscape. The findings highlighted a heightened political commitment among female participants compared to males. In essence, this study illustrates the applicability of Guibernau's five-dimensional theory in comprehending the nuanced development of national identity in a diverse sample of Indonesian university students
Effects of Civil Society Organizations’ Capacity-Building Factors on Their Governance
Get PDFThis article investigates the differential impact of six civil society organizations’ (CSO) capacity-building factors on governance, using data from a survey of 366 Nepali non-governmental organizations. The factors include Organizational Commitment to Need-based Intervention, Institutionalized Learning Process, Creative Engagement of Staff in Decision-Making, Financial Management, Legal Enabling Environment, and Education of Leaders. Results from Multiple Regression in SPSS 16 show that all six capacity-building factors, both collectively and individually, significantly and positively influence CSO governance with large effect sizes. Notably, Organizational Commitment to Need-based Intervention, Institutionalized Learning Process, Creative Engagement of Staff in Decision-Making, and Financial Management explain 68% of the variance, while Legal Enabling Environment and Education of Leaders explain 19%. Financial management (38.3%) and creative engagement of staff in decision-making (26%) stand out as significant contributors, suggesting a need for targeted capacity-building efforts in these areas to enhance CSO governance. The study provides valuable insights for Confirmatory Factor Analysis and future longitudinal studies on the role of these factors in CSO governance
Conceptualizing a Framework to Study Consumer Experience of Artistic Entertainment During Live Sport Events
Get PDFThis study aimed to develop a conceptual framework based on the Stimulus – Organism – Response (S-O-R) paradigm to facilitate the understanding of sports consumers’ artistic entertainment experiences during live sporting events. Based on a comprehensive literature review, artistic activities and programs in sporting events were recognized in three categories, including game-induced, atmosphere-induced, and event-induced artistic entertainments. Further analyses revealed how sport artistic entertainments (SAE), as an external stimulus at a sporting event, could interact with people’s intrinsic emotional, entertainment, and aesthetic needs and function together to affect spectators' cognitive, affective, and behavioral responses. Discussions are centered on the theoretical and practical implications, providing directions for future studies when adopting the framework to conduct empirical investigations
Financial Reporting Transparency and the Cost of Equity: Evidence From Newly Listed Firms
Get PDFThis paper explores the economic effects of financial reporting transparency of newly listed firms and outcomes associated with enhanced disclosure and financial reporting activities. We find a negative correlation between financial reporting transparency and information asymmetry in newly listed firms during their first five years of public trading. Further, we find a significant positive link between perceived business risk and implied cost of equity for these new public companies. Furthermore, we find a positive association between financial reporting transparency and the cost of equity. Our study helps to extend the research on the consequences of increased disclosures of newly listed firms
A Meta-Analysis of the Relationship Between Corporate Social Responsibility and Consumer Response in the Chinese Context
Get PDFConsumers’ attitudes toward corporate social responsibility (CSR) and their response levels can significantly affect a firm’s behaviors. Based on 61 research papers addressing CSR responses to consumers in China, this study conducted a meta-analysis on three variables: CSR type, CSR characteristics, and CSR publicity behavior, which impact the CSR relationship. The following conclusions are drawn: Corporate social responsibility (encompassing private and public moral dimensions) elicits a positive consumer response, with private moral behavior having a greater positive effect compared to public moral behavior. The four dimensions of CSR characteristics (CSR commitment, CSR level, CSR correlation, and CSR timing) all lead to positive consumer responses. Positive consumer responses also arise from CSR publicity behavior, including publicity initiative and publicity intensity. Additionally, product type, sample time, and sample source have significant moderating effects on these relationships
Bit by Bit: Household Characteristics of Cryptocurrency Owners — Early Evidence From the 2019 Survey of Consumer Finances
Get PDFDevelopments in financial technology over the past decade have increased the importance and use of cryptocurrency, though not much is known about the characteristics of cryptocurrency owners. Data on the ownership of cryptocurrency by U.S. households has recently been made available via the 2019 Survey of Consumer Finances. In the present research we identify key aspects that differentiate cryptocurrency owning households from those that do not. We find that households owning cryptocurrency tend to have a higher risk profile, especially pertaining to decisions concerning other investments, and demonstrate more financial acumen than households that do not own cryptocurrency. This has important implications as cryptocurrency ownership becomes more mainstream