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Enhancing Sustainable Production Through Continuous Improvement: Evidence from Nigeria’s Manufacturing Sector
1-20Megtekintések száma:0The manufacturing industry in Nigeria has been the so-called cornerstone of economic development since the sector has continuously played a major role in providing jobs and industrial capital. However, there remain issues that impede its progress, including inefficient resource use, unstable regulatory systems, and the need to comply with international market requirements. Specifically, it examined the effect of employee engagement, process efficiency, and resource allocation on Nigeria’s manufacturing sector. A survey research design was adopted, with a total population of 117 employees across five manufacturing firms. A total of 91 participants were administered a structured questionnaire. Data collected was analyzed using PLS-SEM. Findings revealed that employee engagement has the strongest effect on sustainable production (β = 0.412, t = 6.250, p < 0.000), followed by resource allocation (β = 0.237, t = 3.610, p < 0.000), and process efficiency (β = 0.174, t = 2.877, p = 0.004). It concluded that continuous improvement is significantly vital for sustainable production in the five sugar manufacturing firms studied in Nigeria. It is therefore recommended that management of these selected firms focus on developing unique resource allocation strategies, employee engagement, and process efficiency to ensure sustained workforce improvement, thereby achieving sustainable production outcomes.
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Evaluating the Entrepreneurial Performance in South America. Case of Chile
13-28Megtekintések száma:360The research objective is to explore Chile's entrepreneurial landscape by assessing individual characteristics and institutional factors through a 'pillars' framework and compare it against Colombia, and Brazil; to identify socio-economic, individual, and institutional differences using the Global Entrepreneurship Index (GEI); to apply bottleneck approach to highlight areas requiring policy intervention. GEI features individual and institutional stage variables in a method where every variable collaboratively interacts, incorporating 14 foundational elements and three sub-indexes: attitudes, abilities, and aspirations. Ranking 18th on the GEI globally and the best in Latin America, Chile excels in key entrepreneurial pillars, showcasing strengths in innovation and a robust entrepreneurial culture. Brazil closely rivals Chile in competition and networking, emphasizing political and economic influence. Colombia surpasses Chile in internationalization and growth-stimulating policies but faces challenges like historical conflicts and wealth distribution. This study identified areas where immediate policy intervention may be necessary by examining Chiles's entrepreneurial ecosystem. The Penalty for Bottleneck (PFB) technique identified the weakest pillars highlighting process innovation, competition, and internationalization. The primary component identified as a bottleneck for resource allocation is Process Innovation, accounting for 73% of the allocation, followed by Competition at 23%. The findings show that allocating more resources to process innovation may improve greatly the overall GEI score.