Sustaining Innovative Success

2020 ◽  
pp. 409-418
Author(s):  
Muhamad Fairos bin Mohamad Shah

Innovation has become an important goal for ICT companies. Companies that have succeeded in innovations like Apple, Google, Amazon are speeding up other leaps and followers such as Samsung Electronics, LG Electronics are chasing right behind them. In addition, companies also innovate to change their competition with their original ideas and entrepreneurial spirit. Unfortunately, innovation is not in a necessary and sufficient relationship with the company's success and this means that even though a company can dominate the market with its innovation, it is only extending its period of survival and the lifespan of innovation is gradually decreasing. Even though a company can finally achieve the first place through much endeavour, maintaining this success is much more difficult.Hence relationship with customer is significantly by their practice in an organization.This study analyzes various cases of Zakat companies that have practice and relationship of customer in order to maintain their innovative success and propose consumer-cantered innovation as a solution. In this case there are various ways to create user-cantered innovations among others companies need to predict consumer demand dynamically and consistently change. In addition, companies should also use proactive observation methods and big data analysis to find the hidden ones claims and finally the company also needs to identify the risks such as waste, discomfort anxiety and effort solve this problem.The specific objectives of the study are to enlighten on Zakat company performance of interest-based practice and innovation as well as relationship Islamic customer through business development ratios,commitment to economy and community, productivity and efficiency ratios and to draw comparisons.

2018 ◽  
Vol 1 (2) ◽  
pp. 8-18
Author(s):  
Nurul Aisyah ◽  
Angelia Giovanni

Human resources is an asset that plays an important role in a company, because humans who manage and run activities that exist within the organization. One of the most influential aspects in achieving the objectives of a company is recruitment and selection of work, because recruitment and selection is a condition that moves people to a particular destination. Recruitment and selection of work can benefit employee and company performance.                     method is the authors take descriptive quantitative by using the sample technique saturated, the number of respondents as much as 50 respondents using SPSS version 22. In the results of research authors can know, that the relationship of recruitment and selection of a very strong performance that is equal to 0.887 (89%) the influence of recruitment and selection on performance. The amount of coefficient of determination 0,786 or equal to 78,6%, while the rest is 21,4% (100% -78,6%) explained by other causal factors and significant level of 0.000 then H1 accepted, regression equation significant, so that regression equation that can be formed is: Y = 7,722 + 0,802X, therefore the existing level of motivation must be maintained and should be further improved especially in the employee's own performance.


2020 ◽  
Vol 15 (1) ◽  
pp. 258-265
Author(s):  
Yu Zhou ◽  
Daoguang Mu ◽  
Xinfeng Dong

AbstractS-box is the basic component of symmetric cryptographic algorithms, and its cryptographic properties play a key role in security of the algorithms. In this paper we give the distributions of Walsh spectrum and the distributions of autocorrelation functions for (n + 1)-bit S-boxes in [12]. We obtain the nonlinearity of (n + 1)-bit S-boxes, and one necessary and sufficient conditions of (n + 1)-bit S-boxes satisfying m-order resilient. Meanwhile, we also give one characterization of (n + 1)-bit S-boxes satisfying t-order propagation criterion. Finally, we give one relationship of the sum-of-squares indicators between an n-bit S-box S0 and the (n + 1)-bit S-box S (which is constructed by S0).


2020 ◽  
Vol 18 (3) ◽  
pp. 138
Author(s):  
Elly Alfrida ◽  
Petrus T. Resi ◽  
Sabam Simbolon

This research is aimed at understanding the relationship of leadership style and compensation on employee performance at PT SSBP considering that the two independent variables are the main factors that determines the success of a company as general as well as PT SSBP. The research obtained data from 144 respondents out of 210 total employees. A questionnaire was prepared to catch their perception on leadership style and compensation and how they affect their performance in the company they work with. From the data obtained and the analysis result shows that the relationship and the contribution of leadership style and compensation on the performance of employees is strong and significant, either partially or simultaneously. Therefore as managerial instruments, leadership style and compensation are extremely important factors to be considered and continuously updated in order to keep and maintain employees motivation that in turn will boost their performance,


Author(s):  
Moses Laksono Singgih ◽  
Rizka Safira Hartanti

PT. PELNI is a company that provides shipping services using sea transportation. One of the services it has is REDPACK, which is a delivery service with priority to maintain package conditions. This service is still relatively new because it is operating in 2019 and evaluation is needed so that efficiency increases by reducing waste. In this study, the method used is Lean Service because the delivery service is in the service sector. The tools used in this research are Value Stream Mapping (VSM) and DEMATEL. VSM is used to analyze the value flow in the service process. VSM results can indicate a process that is not needed. After that, it is continued by identifying process flow waste and determining critical waste in these services. Determination of critical waste is done using DEMATEL. DEMATEL is a method used to analyze the cause-effect relationship of a complex system. The results showed that the main waste factor in logistics services is customer activity reporting incoming cargo. This waste can be repaired by moving the office location into one room with a new warehouse and activity flow.


2014 ◽  
Vol 8 (1) ◽  
pp. 19 ◽  
Author(s):  
Ricardo Monge González ◽  
Juan Antonio Rodríguez Álvarez

<p>Este trabajo estima el impacto de los servicios financieros (diferentes del crédito) y los cursos de capacitación de corto plazo sobre las ventas reales, número de empleados, grado de formalización y acceso al crédito en el sistema financiero formal, de un conjunto de micro, pequeñas y medianas empresas clientes de una entidad de microfinanzas que opera en Costa Rica. Para ello, se emplea un panel de datos de cinco años (2006 a 2010) y modelos econométricos que tratan de controlar por atributos de las empresas, tanto observables como no observables, que afectan el desempeño de las variables sobre las cuales se mide el impacto. Los resultados señalan que aquellas empresas que recibieron servicios financieros diferentes del crédito lograron aumentar más el valor de sus ventas y el empleo, y también mejoraron su grado de formalización (aunque este resultado es débil estadísticamente), cuando se las compara con aquellas que no obtuvieron acceso a este tipo de financiamiento. Además, parecería ser que las garantías de participación y cumplimiento son el instrumento financiero que más impacta en forma positiva el desempeño de estas empresas. Por otra parte, no se obtuvo evidencia de que los servicios de capacitación de corta duración tuvieran algún impacto sobre el desempeño de estas empresas. Con base en todo lo anterior se plantean varias recomendaciones de política.</p><p> </p><p><strong>Abstract </strong></p><p>This paper considers the impact that financial services other than credit, and short term training courses have on total sales, employee number, level of formalization and access to credit in the regular financial system for a group of micro, small and medium size enterprises that are clients of a micro financing entity operating in Costa Rica. With this aim, data collected over five years (2006 to 2010), and econometric models that monitor a company`s performance by visible and non-visible attributes affecting measuring variables were used. Results show that the companies that received financial services other than the credit itself increased sales and employment more , and also improved their level of formalization (although the latter is statistically weak), when compared to others that did not had access to this type of financing. Also, it seems that participation and compliance guarantees are the most impacting financial instrument on company performance. On the other hand, no evidence was obtained about short training courses had any impact on company performance. Finally, some policy changes are recommended.<strong><br /></strong></p>


2013 ◽  
Vol 10 (2) ◽  
pp. 238-255 ◽  
Author(s):  
Retha Scheepers ◽  
Johan Hough ◽  
Jonathan Bloom

Entrepreneurship is gaining recognition as an important way of attaining a sustainable competitive advantage and positive financial returns. This article compares the entrepreneurial intensity (EI) of Information and Communication Technology (ICT) companies with that of listed JSE companies (excluding ICT listings). A cross-section telephone survey was conducted. The findings suggest that ICT companies are more entrepreneurial than JSE companies. Additionally, the size of a company shows no relation to EI, but age is negatively correlated to EI. By implication, the older the company, the less entrepreneurial it becomes. The findings suggest that organisational factorsinfluence EI and that EI is industry specific. The managerial implication for companies that want to become more entrepreneurial is that they should create organisational conditions conducive to the development of corporate entrepreneurship.


Author(s):  
Ahmet Doğan ◽  
Emin Sertaç Arı

Today, a company continues its activities in a highly competitive environment regardless of the sector in which it operates. An important point has been emphasized in many developments by experienced managers and academics which have been released to the public. From marketing to finance, human resource management, auditing and planning, all business processes have entered an incredible innovative process. One of the topics in this process is big data. When cumulative data are not used, they cannot transcend being huge piles of garbage. However, it is not possible to analyze such large, complex, and dynamic data via conventional methods. At this point, the concept of big data has emerged. In this study, after the explanation and definition of the concept, a vast literature review was conducted in order to present the relationship of big data with IoT, big data-related topics, and academic researches on big data. Afterwards, real-life enterprise applications were exemplified from various industries.


Author(s):  
Derek French

This chapter deals with the legal relationship of agency that exists between the company and the agent, explaining the process involved in an agent’s authentication and the execution of documents for the company he or she represents. It then considers two ways in which a company may become contractually bound to another person (a ‘contractor’) under the provisions of the Companies Act 2006: through a written contract to which the company’s common seal is affixed, or when someone has made a contract on behalf of the company. It also discusses the company’s capacity to enter into contracts, with emphasis on the ultra vires rule, and attribution by a court so as to impose criminal liability on a company. A number of court cases relevant to the discussion are cited.


2020 ◽  
Vol 11 (6) ◽  
pp. 12
Author(s):  
Norziana Lokman ◽  
Fattiadriati Mohd Tareh

This study examined the relationship between the company-specific characteristics, namely, company size, company performance, and company leverage and the corporate governance attributes of a company which includes CEO duality and remuneration committee independence as the predictor factors that determine directors’ remuneration. A sample of 260 public listed companies on Bursa Malaysia was selected using stratified random sampling for the financial reporting of 2018. All data concerning the company characteristics and corporate governance attributes were obtained from the annual reports of the companies, which can be accessed from the Bursa Malaysia website. Pearson correlation and multi-regression analysis were used to analyse the data to determine the relationship of the predictor variables with director remuneration. On the one hand, the results of the study showed that directors’ remuneration is positively and significantly related to the size of the company. On the other hand, the financial performance of a company is positively but weakly related to directors remuneration. The remaining predictors have no relationship with directors’ remuneration. The finding suggested that the key determinant factor of directors’ remuneration is company size whereas company performance may have a small impact. Lastly, company compliance with the recommendation of the Malaysian Code on Corporate Governance did not guarantee the effectiveness of the monitoring function of the remuneration committee in ensuring that directors’ remuneration is commensurate with company performance. The result of the study provides additional evidence and support that company size and financial performance are linked to director remuneration. Also the finding of the study reconfirmed prior study that board leadership structure (CEO duality) and remuneration committee independent have no impact on directors’ remuneration.


Author(s):  
Derek French

This chapter deals with the legal relationship of agency that exists between the company and the agent, explaining the process involved in an agent’s authentication and the execution of documents for the company he or she represents. It then considers two ways in which a company may become contractually bound to another person (a ‘contractor’) under the provisions of the Companies Act 2006: through a written contract to which the company’s common seal is affixed, or when someone has made a contract on behalf of the company. It also discusses the company’s capacity to enter into contracts, with emphasis on the ultra vires rule, and attribution by a court so as to impose criminal liability on a company. A number of court cases relevant to the discussion are cited.


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