scholarly journals The Development of Digital Transformation and Relevant Competencies for Employees in the Context of the Impact of the COVID-19 Pandemic in Latvia

2021 ◽  
Vol 13 (16) ◽  
pp. 9233
Author(s):  
Veronika Bikse ◽  
Inese Lusena-Ezera ◽  
Peteris Rivza ◽  
Baiba Rivza
Keyword(s):  
Human Capital ◽  
Research Study ◽  
Early Stage ◽  
Holistic Approach ◽  
Digital Transformation ◽  
Survey Method ◽  
Theoretical Concepts ◽  
Current Period ◽  
Digital Skills ◽  
The Impact

The current period describes the impact of the global COVID-19 pandemic and the ensuing economic crisis on businesses and the lives of citizens. It has accelerated digital transformation in all areas. The work and learning of many individuals have moved to the digital environment. In order to use digital technologies, employees need to acquire new knowledge and skills. The aim of this research study is to perform an analysis of the development of digital transformation and relevant competencies for employees and to identify the opportunities and challenges in Latvia. The research methodology applied for this research study is based on examining relevant theoretical concepts and publications of the EU regarding digital transformation. A survey method was used to find out the opinions of Latvian employers regarding the importance of digital transformation and relevant competencies for employees. The analysis of the research indicated that the majority of the respondents surveyed rated the level of implementation of digital transformation as high or medium-high, which shows that this is a good trend, and the digitalization process continues to progress. However, about a third of enterprises are only at the early stage of digitalization, while some have not yet begun it. The problem is the development of human capital competencies and digital skills. This is a specific research study that expands and provides insights into the situation in Latvia on the possibilities of implementation of digital transformation, which is closely linked with the development of human capital competencies and digital skills. This requires maintaining a holistic approach to targeted digital transformation management.

FORMATION OF HUMAN CAPITAL IN THE DIGITAL TRANSFORMATION PARADIGM

2020 ◽  
Vol 2 (5) ◽  
pp. 115-119
Author(s):  
M. V. SAVINA ◽  
◽  
A. A. STEPANOV ◽  
I.A. STEPANOV ◽  
◽  
...  
Keyword(s):  
Human Capital ◽  
Digital Age ◽  
Digital Transformation ◽  
Educational Process ◽  
Knowledge And Skills ◽  
Main Components ◽  
The Impact ◽  
Modern Era

The article highlights the problems of the impact of "digitalization" of society on the formation and transformation of human capital, and above all, the development of new competencies, knowledge and skills. The main components of human capital in the modern era, the features of the formal and informal educational process are clarified and disclosed. The necessity of minimizing the precariat class is proved. The main directions of qualitative improvement of human capital adequate to the challenges of the digital age and globalization are defined.

scholarly journals THE IMPACT OF COVID-19 ON ECONOMY, EMPLOYMENT AND NEW SKILLS

2021 ◽  
Vol 20 (Issue Vol 20, No 3 (2021)) ◽  
pp. 409-422
Author(s):  
Miltiadis STABOULIS ◽  
Irene LAZARIDOU
Keyword(s):  
Human Capital ◽  
Virtual Reality ◽  
Online Education ◽  
Soft Skills ◽  
Professional Life ◽  
Way Of Life ◽  
Global Trends ◽  
Digital Skills ◽  
Digital Collaboration ◽  
The Impact

This paper discusses the economic features of the current Covid-19 outbreak and its relation to labour markets and new skills in demand. At the same time, it focuses on how it started to expand worldwide, while reporting the ways of transmission and their effects on daily social and professional life. It is argued that focusing on skills and human capital could offer a strong foundation for building sustainable economies, as the recent months have been a suitable period to progress and advance digital skills, thus reducing digital illiteracy, while at the same time developing certain major sectors such as online education, ecommerce, telemedicine, entertainment, digital collaboration tools, virtual reality applications, etc. The author mainly focuses on the analysis of the recent global trends in many affected sectors, examines possible unemployment issues with an emphasis on the kind of new skills and soft skills in demand that are necessary for an easier transition to the new Covid-19 way of life.

Unified Assessment Approach for Courses With Simulation Component [And Professors in Hurry]

2020 ◽  
Author(s):  
Ivana Milanovic ◽  
Tom A. Eppes ◽  
Kamau Wright
Keyword(s):  
Qualitative Data ◽  
Research Capacity ◽  
Thinking Skills ◽  
Digital Transformation ◽  
Student Work ◽  
Theoretical Concepts ◽  
Modern Engineering ◽  
Assessment Approach ◽  
High Impact Practice ◽  
The Impact

Abstract In support of the digital transformation of our programs, simulation assignments are embedded in undergraduate fluid mechanics and heat transfer lecture-based courses, as well as in the Computational Engineering technical electives. Each course integrates simulations, application building, and inquiry-based learning (IBL) with ten assignments performed outside the class and documented in technical reports. FEA and CFD tools are employed to teach thermo-fluids, and in turn, course material is used to teach CFD and FEA. This new, high-impact practice facilitates a deeper understanding of theoretical concepts, exposes students to modern engineering tools, and develops students’ research capacity while the ‘lecture’ time is dedicated for the fundamental theoretical topics only. The main goal of this study was to expand on the implementation of simulations and IBL in undergraduate thermo-fluids courses and create a template to do so in other topical threads. This was accomplished by: (1) strategically balancing step-by-step instructions supporting skill-building, with inquiry-based tasks guiding discovery process and developing higher order thinking skills; (2) providing clear and detailed grading criteria guiding students both in the process of gaining skills and performing IBL; (3) designing strategies for the assessment of student work that are easily transported across the curriculum; and (4) assessing students’ understanding and the effect of the overall digital transformation effort based on quantitative and qualitative data indicative of the achievement of learning outcomes. This study builds on the authors’ previously reported work in the area of simulations and IBL that covered individual courses as well as course sequences. While quantitative data includes assessment of students’ understanding and confidence in comprehension of select concepts using grades, student surveys, and course evaluations, the impact of the described approach is illustrated with qualitative data including several examples of student work and its influence on their professional development.

scholarly journals Impact of Human Capital on the Organization’s Innovative Capabilities: Case of Telecom Sector in Pakistan

2014 ◽  
Vol 6 (2) ◽  
pp. 88-95
Author(s):  
Samar Hayat Khan ◽  
Abdul Majid . ◽  
Muhammad Yasir .
Keyword(s):  
Human Capital ◽  
Intellectual Capital ◽  
Strong Relationship ◽  
Business Environment ◽  
Vital Role ◽  
Survey Method ◽  
Innovative Capabilities ◽  
Main Component ◽  
Telecom Sector ◽  
The Impact

The purpose of this study is to investigate the impact of human capital on organization’s innovative capabilities in the narrative context of Pakistan. Today various organizations recognized the significance and importance of the intellectual capital. Without any doubt in knowledge-intensive organizations like telecom sector organizations intellectual capital plays a vital role in the contemporary aggressive and everchallenging business environment. The organizations can achieve competitive edge over its competitors by mean of innovation. By effective utilization of intellectual capital organizations can enhance innovative capabilities. Intellectual capital can be classified into three classifications named as human capital, structural capital and relational capital. Human capital is the main component of the intellectual capital and considered as a main aspect for the organization in order to perform in this diverse and unpredictable business environment. The conception of human capital now became mainstream issue for both academics and business practitioner all around the world. However, in the context of developing countries like Pakistan concept of human capital is still under explored. In this study at hand the impact of human capital organization’s innovative capabilities i.e. radical and incremental innovative capabilities are examined. Three hypotheses were developed in order to test the relationship between human capital and innovative capabilities of telecom sector organization in Pakistan. To accomplish the objectives of this study survey method was used in which data was collected through questionnaire. Telecom Sector of Pakistan has been taken as unit of analysis. The collected data was analyzed with the help of SPSS by applying the correlation and regression test. Results of correlation and regression analysis showed that there is a strong relationship between human capital and organization’s innovative capabilities in telecom sector of Pakistan and all three developed hypotheses were supported.

scholarly journals THE IMPACT OF COVID-19 ON ECONOMY, EMPLOYMENT AND NEW SKILLS

2020 ◽  
Vol 19 (Vol 19, No 3 (2020)) ◽  
pp. 409-422
Author(s):  
Miltiadis STABOULIS ◽  
Irene LAZARIDOU
Keyword(s):  
Human Capital ◽  
Virtual Reality ◽  
Online Education ◽  
Soft Skills ◽  
Professional Life ◽  
Way Of Life ◽  
Global Trends ◽  
Digital Skills ◽  
Digital Collaboration ◽  
The Impact

This paper discusses the economic features of the current Covid-19 outbreak and its relation to labour markets and new skills in demand. At the same time, it focuses on how it started to expand worldwide, while reporting the ways of transmission and their effects on daily social and professional life. It is argued that focusing on skills and human capital could offer a strong foundation for building sustainable economies, as the recent months have been a suitable period to progress and advance digital skills, thus reducing digital illiteracy, while at the same time developing certain major sectors such as online education, ecommerce, telemedicine, entertainment, digital collaboration tools, virtual reality applications, etc. The author mainly focuses on the analysis of the recent global trends in many affected sectors, examines possible unemployment issues with an emphasis on the kind of new skills and soft skills in demand that are necessary for an easier transition to the new Covid-19 way of life.

Developing Self-Regulating Actors in the Pre-Digital Organization

2021 ◽  
Vol 6 (1) ◽  
pp. 44-55
Author(s):  
Nopriadi Saputra ◽  
Reni Hindriari
Keyword(s):  
Corporate Culture ◽  
Organizational Factors ◽  
Top Management Teams ◽  
Digital Transformation ◽  
Digital Culture ◽  
Top Management ◽  
Digital Competence ◽  
Cross Sectional ◽  
Digital Skills ◽  
The Impact

Objective - Developing self-regulated actors in digital transformation of pre-digital organization is a critical and strategic issue. This article aims to examine and explain the historical development of self-regulated actors from an organizational behaviour perspective. By testing the impact of digital skill individually, digital leadership as group factor, and digital culture and digital mindset as organizational factors on self-regulating actor development, this article will gain insightful understanding in leading digital transformation. Methodology/Technique - This article is based on a cross-sectional study which involved 321 permanent staff or employees of the leading state-owned company in the Indonesian pharmaceutical industry. The collected data is structured and analysis with SmartPLS version 3. 0 as PLS-SEM application. Findings - The analysis results explain that self-regulating actors are influenced by digital skills, digital leadership, and digital culture directly, but are influenced by digital mindset indirectly. Digital mindset of top management teams will impact on self-regulated actor development, if it is directed to strengthen digital culture, then digital culture will impact on digital skills. Novelty - Digital culture impacts self-regulating actor development more directly than digital mind set of top management team in the pre-digital organization. By impacting digital culture, digital mindset of top management will impact self-regulating actor development. Type of Paper: Empirical. JEL Classification: L16, M14. Keywords: Corporate Culture; Self-Regulated; Leadership; Digital Competence Reference to this paper should be made as follows: Saputra, N; Hindriari, R. (2021). Developing Self-Regulating Actors in the Pre-Digital Organization, Journal of Management and Marketing Review, 6(1) 44 – 55. https://doi.org/10.35609/jmmr.2021.6.1(5)

scholarly journals The impact study of the role of job rotation system effectiveness on work enthusiasm

2021 ◽  
Vol 34 (02) ◽  
pp. 790-806
Author(s):  
Massoud Ghaffari ◽  
Seyed Rasoul Aghadavood ◽  
Mohammad Reza Dalvi
Keyword(s):  
Human Capital ◽  
Correlation Coefficient ◽  
Pearson Correlation ◽  
Survey Method ◽  
Pearson Correlation Coefficient ◽  
Job Rotation ◽  
Statistical Population ◽  
Rotation System ◽  
Job Motivation ◽  
The Impact

In today's world, human capital is considered as the highest and most valuable asset of an organization, which affects the profits and losses of any company. The organizations that exist in these societies must be able to utilize human resources effectively. Job rotation is one of the management measures in the field of human resource management. It can create a creative, ideal, and secure organization that ensures commitment, knowledge transfer, skills acquisition, innovation, creativity, experience, job satisfaction, enthusiasm, exhaustion reduction, and human capital growth. The aim of this study is to investigate the effect of job rotation system on work motivation (studied in the region of two gas transfer operations). The present study is a correlation from the field and in terms of purpose and nature of application and in terms of descriptive-survey method and in terms of cross-sectional time. The statistical population of the study is 850 personnel (managers, experts and employees) of the region of two gas transmission operations. Using Cochran's formula, the sample size for limited communities is 285 people. The statistical population of the study consists of heterogeneous groups (formal and informal forces, managers and employees) using stratified random sampling method. In order to collect data, a researcher-made questionnaire with 20 items and a standard job motivation questionnaire with 17 items were used. The questionnaire is divided based on a five-point Likert scale. Reliability and validity were calculated and the value of 0.881 was obtained, which indicates the appropriate reliability of the questionnaires. To investigate the relationship and research hypotheses, Pearson correlation coefficient and regression, SPSS software and LISREL software were tested. The results show that the dimensions of job rotation such as human capital development and changes in human capital are related to work enthusiasm. Pearson correlation coefficient is 0.842 and 0.368, respectively, which indicates a good correlation. Also, the development and changes of human capital have a significant effect on job motivation and the standard beta value was 0.343 and 0.281, respectively, and all research hypotheses have been confirmed.

scholarly journals IMPACT EVALUATION OF THE SCHOOL OPERATIONAL ASSISTANCE PROGRAM (BOS) USING THE MATCHING METHOD

2016 ◽  
Vol 31 (1) ◽  
pp. 33
Author(s):  
Eny Sulistyaningrum
Keyword(s):  
Human Capital ◽  
Student Performance ◽  
Urban Areas ◽  
Capital Investment ◽  
Early Stage ◽  
Average Treatment Effect ◽  
Assistance Program ◽  
Subsidy Program ◽  
The Government ◽  
The Impact

Investment in human capital, especially in children’s education, is considered to be among the most effective ways for countries to improve their national welfare and reduce poverty in the long term. The Government of Indonesia has promoted human capital investment, especially in children, by designing school subsidy programs. Since 2005, the school operational assistance program (BOS) has been the biggest school subsidy program in Indonesia during the last two decades. This paper evaluates the impact of BOS on children’s test scores at the early stage. This study uses Propensity Score Matching (PSM) to estimate the average treatment effect, in the absence of selection, on unobserved characteristics. The results confirm that BOS can increase student performance. The finding suggests that the Government of Indonesia needs to develop a subsidy program to provide a basic level of education for all students, especially for the poor, as the recent school subsidy program is only sufficient for school fees or even only enough for tuition fees if the students live in urban areas. The remainder of the education expenditures must be covered by the household.Keywords: School Subsidy, BOS, PSM, Test ScoresJEL: H52, I22, I25

The Digital Transformation in a Distribution Editorial Center

2021 ◽  
pp. 448-462
Author(s):  
Sofia Carujo
Keyword(s):  
Human Capital ◽  
Structural Transformation ◽  
Digital Literacy ◽  
Industrial Revolution ◽  
Digital Transformation ◽  
Financial Capacity ◽  
Current Challenge ◽  
The Impact ◽  
Technological Integration ◽  
A Current

Digital transformation is a current challenge for all companies; it cannot be seen as a trend but as a necessity. Normally, when we hear about digital transformation, we associate it with a technological integration in the processes. But its scope is more comprehensive, as it implies a dematerialization of all resources and processes, a redesign of the material processes hitherto practiced that requires a structural transformation of the company with direct repercussions on its culture. We can even talk about digital literacy. The impact of this transformation in companies can be comparable to the impact of the industrial revolution, which will bring companies greater competitiveness; however, not all of them are qualified for this process because, in addition to financial capacity, there must be capable human capital.

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