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Why Public Sector Projects Fail or Succeed in Pakistan- A Model for Evaluating Impact of HR Management Practices on Project Success
77-90Views:286Employees are the most important assets of an organization. As quality human resources become scarce, companies need to pay more heed to the satisfaction and motivation of their employees. If employees are motivated towards work, then it is likely to yield better results. This study will examine the role of Human resource management (HRM) practices upon New product development (NPD). NPD involves technical, marketing, and financial risks organizations undertake for developing new products and services. Effective project planning and control are valuable for decision-making. The analysis of the impact of HRM practices on NPD, project success, and organizational benefit is based on data collected using a cross-sectional design via a survey questionnaire. The questionnaire consisted of items related to HR practices, New product development, Project Success, and Organizational benefits adapted from previous studies. Respondents working in 10 large-scale public sector projects executed by National Database & Registration Authority, Pakistan were selected for the study. Therefore, the results of the study can be generalized to similar projects executed by the public sector in Pakistan. From the findings of data analysis, it has been concluded that there is a significant association between HR practices and project success, but no significant relationship has been established between new product development and organizational benefit. Therefore, it can be concluded that HR management practices have a significant impact on public sector project success in the case of Pakistan.
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Was UEFA’S Goal of an Environmentally Friendly Euro 2020/21 a Success?
152-164Views:484The football Euro 2020/21 has been said to be more environmentally friendly, as it was spread all over Europe, thus no new stadiums needed to be built. On the other hand, more traveling became necessary. How does these effects behave with each other? Was the attempt to reduce emissions successful?
This paper seeks to compare the goals for UEFA 2020/21 for environmental friendliness and its success. A mixed research strategy was adopted in this paper where qualitative analysis was done on existing literature review and also quantitative approach where assumptions were drawn from literature review to estimate the environmental impact. This paper found that UEFA's initial estimate of 425,000 tons of carbon dioxide emissions in traveling for the Euro Cup 2020 was a bit higher than the actual amount of carbon emissions from our calculation of 143,531 tons. What stands out is that its findings agree with UEFA's estimate that Euro Cup 2020 emissions were lower than that of 2016 which emitted 517,000 tons of carbon dioxide for traveling. This gives a greater reason to conclude that UEFA met its goal of reducing carbon emissions. The overall carbon dioxide emissions in traveling and constructing stages were 1,275,988 tons in Euro Cup 2020 and 2,803,000 tons in Euro Cup 2016. This further affirms the overall carbon dioxide emission reduction by half in Euro Cup 2020 as compared to Euro 2016. From our findings, we can conclude that the Euro Cup 2020 indeed succeeded in reducing overall carbon dioxide emissions by half. Despite the success, this paper views that the carbon emissions are still high for a single event and hence there is room for reduction of carbon emissions to lower levels as possible. we can conclude that the Euro Cup 2020 indeed succeeded in reducing overall carbon dioxide emissions by half. Despite the success, this paper views that the carbon emissions are still high for a single event and hence there is room for reduction of carbon emissions to lower levels as possible. we can conclude that the Euro Cup 2020 indeed succeeded in reducing overall carbon dioxide emissions by half. Despite the success, this paper views that the carbon emissions are still high for a single event and hence there is room for reduction of carbon emissions to lower levels as possible. -
The Role of Employee Participation and Resistance in the Success of Change Management
22-30Views:188Successful change in the lives of organizations has played a particularly important role in the recent turbulently changing decades, and leadership-follower relationships need to be addressed in order to maintain performance. Participation should be ensured for members of the organization and emerging resistance should be addressed. The subject of my research was to examine whether the assessment of the success of change is influenced by the provision of opportunities for employees to make suggestions and their opposition to change. By performing chi-square tests, I came to the conclusion that if the opinion of the worker is heard, they are more likely to judge the change to be successful, however, the manager is not affected by the involvement of the employees in this. However, there is a correlation between employees' resentment to change and the success of change, both from the employee and managerial side, change is more unsuccessful if resentment develops. Based on the results, both factors are important. It is worth drawing the attention of managers to the need to ensure participation, as failure to do so can lead to dissatisfaction among employees, which can also have a negative impact on the success of the organization.
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Potential Impact of Innovation on the Competitiveness of Sports
666-677Views:192Innovation and development activities related to sports and the tools created during the processes facilitate performance sports players (athlete, coach, sports manager) to achieve outstanding results in their field.
The success of sport can have a major impact on the social image of sport and its economic potential, and thus on the future of the sport. In my paper, I undertake to introduce the innovation processes associated with competitive sport and the products that result from these innovative activities, and then examine how and to what extent these supplies influence the economic and professional performance of the sports under investigation.
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Implementation of Lean management Practices in Azerbaijan (on the Example of a Private Company)
30-40Views:75Organizations are facing crucial modifications as global market and conditions change day after day. To keep up with fast changing realities, it’s important to apply innovation decisions to the current stage of organizations. Lean management consolidates tools and techniques to revert from traditional way of operating to the new human oriented one. In the carried-out research its outlined, human resources management plays a big role in spreading and supporting lean initiatives. It was suggested that, Lean and Human resources management are compatible and should work together to obtain sustainable success by implementation of an innovation approach such as Lean. Both lean management and human resource management focus on the same goals with different methods in terms of control of businesses. All positivist approaches and practices are included in these approaches and practices, which are developed with a focus on the interests of the community, in order for the process to be concluded positively. The employee-centred management approach of human resources management is crucial to lead and maintain good environment in the teams. For this reason, in the lean management philosophy, it is aware that the corporate structure has responsibilities in terms of training the employees, eliminating their problems and supporting them in struggling with the responsibilities they undertake. This paper is quantitative, online survey has been conducted with employees of a private company in Azerbaijan and results were analysed in statistical analysis software SPSS and relevant suggestions and recommendation were given for reorganization to enable lean friendly environment on a sample of the given company.
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Evaluating the Efficiency of Polyhedral Mesh Elements in Solving the Problem of the Flow around Ship’s Rudder
241-256Views:180Meshing is one of the crucial key features to the success of CFD based simulations, this study is evaluating the efficiency of polyhedral elements in solving the problem of the flow around ship rudder, using a Reynolds-averaged Navier-Stokes turbulence model (SST k-ω), and compares it to a tetrahedral based mesh, considering that polyhedral elements were neglected in the past due to difficulties in implementing them, this was solved by introducing a tool by ANSYS that converges tetrahedral elements to polyhedral element, and integrating it into FLUENT software, the model was validated by comparing it with previously validated model which used the full version of ANSYS, this study was concluded using the academic version, but still it was able to produce satisfying results in predicting the lift and the drag coefficient, the pressure around the rudder surface, the velocity and the turbulent kinetic energy, finally the mesh quality was evaluated using the orthogonal quality criteria, the results showed the supremacy of the polyhedral elements in saving time and computational resources and improving mesh quality, and keeping high level of accuracy in predicting the results.
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Labour Market Success of Engineering Graduates
1-8Views:123The study aims to explore the labor market success of engineering graduates. The role of science field in the areas of job search time, earnings and job congruence proved significant. The engineering discipline proved to be outstanding in all the tree tested indicators. The database was GraduatesTracking System 2011-2012 (DPR 2011-2012). The indicators of employ ability could be compared among the young graduates of domestic higher education institutions in the engineering science, and similarities and differences could be highlighted
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Introducing a Task Management Tool into the Operation of a Management Consulting Firm
122-135Views:253Lean and agile methods are now widely used in various fields. Seeing their success, management consultancy firms also want to take advantage of using them. In this case study, the company selects the appropriate task management tool for their operation, the kanban board, and implements it. The implementation process is supported by quantitative analysis. In order to track the introduction progress of the kanban board, a key performance index is defined: the board activity, which is the number of operations performed on the board in a given time period. Based on the evaluation of over 26 weeks’ data, board activity proved to be an appropriate indicator of the kanban board’s reception, operation, and stability. The individual indicators examined, however, were not found to be suitable for performance appraisal.
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Surface Quality of Carbide Metal After Electrical Discharge Machining
31-38Views:88Recently, the requirements for machining shape-complex products made of hard-to-machine materials, including carbide, have been increasing significantly. However, their machining is rather problematic. Additionally, a high-quality standard of the machined surface is generally required, not only in terms of roughness but also in terms of the geometric accuracy of the machined surface. All this while maintaining a high level of economy in the machining process. However, meeting these demanding requirements in real technical practice is not always an easy task. Moreover, in combination with modern machining processes, only a limited number of production technologies can meet this requirement. Therefore, due to the high demands placed on today's modern production and the required high standard of the machined surface, progressive EDM technology is increasingly finding its application. And it is through this progressive technology that it is possible to achieve relatively good success in carbide machining. The aim of this paper was therefore to describe in detail the results of an experimental investigation aimed at identifying the quality of the machined surface achieved in terms of the roughness parameters of the machined surface in the electrical discharge machining of selected types of carbides using a wire tool electrode.
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Evolution of Lean Management and the Organizational Learning
251-259Views:583In industry, service and public sector lean approach is gaining ground. However, there is a significant difference between the organizations applying lean concept in case of their lean transformation maturity level as well as their lessons learned. There is a huge variety of methods and techniques which can be used but there are two conditions in case of every organization regardless their sector or their lean maturity level which determine the success of their lean development: lean approach leader and learning organization. Lean leadership is not based on a particular sector or method and a ready-made lean organization is not needed either. The concept of the top management has a huge effect on the characteristics of theorganization but whether the will of the management is enough for the complete transformation or not is the question. Is the target the lean organization itself or how a unit of an organization or the whole organization can react to the change of the environment? The attitudes and behaviors of lean approach leadership can be applied every day, everywhere and support the aim of creating a real lean organization.
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Study of the University Electronic Games E-sports League and Its E-sports Players
52-61Views:119E-sports are competitive video games coordinated by different leagues and organisations. E-sports players belong to teams or different managements, which are sponsored by various economic companies and establishment. In the beginning, only offline and then online competitions were organised, and nowadays an offline final takes place in sports halls at the end of an online qualification round. The primary objective of the present research is to study the e-athletes participating in the University Electronic Games (UEG) e-sports competition. In addition to the e-sports players, I consider it important to examine the tournament itself, how the players interviewed rate it and what motivated them to participate again. I conducted an online questionnaire survey among the participants of the three seasons of the UEG online tournament organised by the University of Debrecen. UEG is the largest university e-sport tournament in Hungary in terms of its number of participants, which is why it was selected for the study. The participants in the study are motivated to compete in order to achieve success and enjoy competing to win, for them e-sports is a self-fulfilment. They keep up to date with national e-sports news and competitions through social media and the university mailing system. In general, the participants rate the UEG e-sports championship highly. The organisers need to improve the organisation of the tournament and their preparedness to run a tournament of this size. Their strengths are their helpfulness and their accurate and precise information about the tournament.
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3X3 Basketball Tournaments in Debrecen
231-250Views:210Faster attacks, spin speed, increased adrenaline levels, vehement play. This is all about the 3X3 basketball. In Debrecen, the first 3X3 basketball matches were held in 2015, most of them did not even think that the sport would be popular in Hungary as well. Practically, from the start of the first minute, the games were played with great success. Following the successful settlement, the International Basketball Association immediately offered a 3-year contract to Debrecen. The purpose of our research was to examine the 3X3 basketball tournaments in Debrecen, which was analyzed using a questionnaire and an in-depth interview. 69% of the respondents participated in the 2016 and 2017 events, but only 37% attended the 3X3 basketball tournaments that were held for the first time in 2015. It can be stated that this trend is growing and the event is gaining popularity nationwide. Sponsors and sponsors covered every issue of the event so the event was free of charge over the years. 72% of fillers, however, are willing to spend money on a possible entry fee. In terms of revenue growth, the introduction of admission fees is unlikely to reduce interest. Up to 1200 seats have been filled up for the event every year. Therefore, it is not surprising that a lot of people would like to enjoy a higher auditorium with more space. The introduction of 4-point boundaries (3 points) for 3X3 matches would be a great opportunity to try the "little brother" of basketball in the 4-point so that it can be introduced in traditional basketball. Hungary became the pioneer of the sport due to the results of the Hungarian national team and the successful organization of sporting events.
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Project Risks and Risky Projects
164-189Views:297Projects are key drivers of organizational change, both their failure and success can have significant impact on the organizational performance. Risks may arise throughout the entire project life cycle. Managing these and initial project planning uncertainties is an important task of Project Management. The study describes the application of traditional project management tools and methods in risk analysis, -evaluation and -treatment based on modern project and risk management standards and recommendations. The authors also examine the link between classic project management objectives (project time - resources – scopes) and risk-based decision-making. The different scale and scope of projects call for different responses to the associated risks. The study highlights the possible role of the ISO 31000 risk management standard package in project risk management. The authors analyse the risk management of the different projects on the basis of processing relevant literature, including the relationship of the project stakeholders to the risks. R&D, agile projects and project portfolios have specific and complex risk exposures, but their project management can provide several „hidden” risk analysis and - treatment functions.
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Functional Character of the Performance Management
1-14Views:284Performance management is a complex system, researching its modifying factors and elements, using the research results may significantly improve the success of the operation of organizations. Performance management functions are the followings: planning performance, developing measuring tools, communicating expectations, monitoring and quantifying performance, performance appraisal, feedback on performance, communicating personnel decisions, developments based on results. Along these task groups researches may be carried out separately or by aggregating several of them, in this way certain sub-fields of performance management may be investigated in a more detailed way. In my research the characteristics of performance management systems operating in profit-oriented organizations were examined from the aspect of the management.
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The Opportunity of Analysing Global Career
115-124Views:208The study aims to define global career and to present an applicable method. Internationalisation and globalisation indisputably have affect on companies actions. The value of human capital as a resource has got notably higher than before. To retain competitiveness, multinational companies have to focus their sight on employees with globally usable knowledge. In today’s globalized world international assignments are particularly frequent. It is a must to differentiate between working abroad willingly or sent abroad by the company. Achieved and applied knowledge from international assignments are essential ingredients of global career. However, the inappropriately planned career structure can cause damage for the company and for the cost effectiveness of the HR department. It is vital to appoint the most suitable employee for the assignment, to increase the company’s success rate and to maximize the individual’s performance as soon as possible. The effectiveness of the selection has influence on performing a successful assignment in the process of the career path.
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Menedzsment szakos hallgatók a munkaerőpiacon: az elhelyezkedés mintázatai
1-14Views:114The present study analyses the labour market career of graduates from three management majors. Majors in connection with the economic and engineering educational field (economy and management, engineering manager, human resources manager) belong to the average and in numerous aspects to the good status majors and professions. The social recrutation of the majors analysed is middleclass. According to their labour market success, such as the duration of finding a job, the level of employment and income they are among professions of favourable position. The knowledge gained at university may be considered well usable in their work. Their satisfaction with the different components of their work is similar to other university graduates, they are most satisfied with the content of their work, and less with its prestige and possible income.In this study we analyse 2011 and 2012 databases of the Graduate Tracking System.
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The Top 5 e-commerce Competitive Advantages in Hungary
128-139Views:162Abstract. In my article, I map out the key competitive advantages that are essential to online commerce, online store sales, success, and popularity. There is a wealth of literature on the subject. Year after year, more and more research and surveys are conducted on customer value, shopping habits, consumer behavior, digital transformation, which I would like to summarize and articulate, and highlight the main elements without which online sales would not be effective.
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The Factors of Digitality and Sustainable Competitiveness in the Domestic Context
217-226Views:156The recovery of international relations and the development of technology are in correlation with the increasing globalization tendencies. These processes increase the interdependence of countries, but also the competition between them. The factors of competition are constantly changing and being revalued. As a result new elements appear in addition to the traditional elements, and there are assimetries between existing components. The economic performance of a country increasingly depends on the knowledge and technology, its economic success on the use of knowledge. The purpose of the study is to present and analyze the proxies that define and shape the role of Hungary by IMD Competitiveness Research Center and by the complex indicators developed by Korea-based SolAbility. It also draws attention to all the factors that will significantly effect our country's economy in the future.
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The Importance of Continuous Organizational Project Risk Management and the Value of Project Management Certificates in the Customers’ Eyes
51-68Views:111In an increasingly complex and volatile business environment, organizational project risk management plays a critical role in determining the chances of project success. Project management has become a common tool in the hands of large organizations for executing development and improving their production cycles in a more carefully planned way. However, the future is often hard to predict, and unexpected events may occur which could have been avoided with the use of the right tools and mindset. This comprehensive research study aims to showcase the importance of continuous risk management in organizations and highlight how risk management contributes to successful project outcomes. By synthesizing information from 59 high-quality publications from Scopus and Web of Science, the research describes various risk mitigation methodologies used across diverse fields, and explores potential obstacles faced by project managers when executing risk management strategies. The primary research of the study builds upon a survey conducted with 181 experienced project managers across various industries to gain deeper insights into their risk management approaches and the constraints they may encounter. Additionally, the study seeks to analyse the value of obtaining project management certificates in relationship with led projects’ length and budget. Employing SPSS, the research presents descriptive statistics, regression, and correlation calculations to further analyse the data gathered. The aim of the research is to draw attention to the significance of continuous risk management, propose effective methodologies, identify and mitigate potential challenges, and shed light on the potential benefits of having certifications in the field of project management. This study aims to present valuable knowledge for both researchers and organizations striving to better understand the field of project risk management strategies through the systematic literature review and quantitative research results presented.
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The Relationship between Family Background and Labor Market Success
88-97Views:379In our study, we undertake to explore the social background of fresh graduates (has absolutorium) by field of study. In doing so, we put great emphasis on the educational attainment of the parents and the financial situation of the family, as these factors can have a significant impact on young people's learning opportunities, attitudes and career paths. In the theoretical part of our research, we consider it important to present the experiences of domestic and international authors on the socio-economic situation. Subsequently, the 2015 Graduate Career Tracking System (DPR) database provided us an excellent opportunity to study the complex data collected by the 34 higher education institutions. In our analysis, we highlighted the different socio-economic backgrounds of graduates from different disciplines. Based on our research, we have concluded that young people from richer families are in a better position on the labor market, earning higher incomes than children of parents with lower social status
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Evaluation of a Trainee Program’s Selection and Induction
502-511Views:526The research based on the trainee program of a large Hungarian company. The company recommends the program to entrants or those who have 1-1,5 years of work experience. The main objective is the evaluation of the effectiveness of the program through some of the HR functions. This study contains the process of the selection and the evaluation of getting into the program. What makes the program special, is the appearance of the technical mentor. According to the hypothesis, the mentor’s assistance reduces the uncertainty when the trainee inducted into the organization. The occasions of the beginner education, the conversations and feedbacks during the induction adds more efficiency to the success of the program. The searched data in literature features HR functions and mentoring. To learn about the program, a case study was made beforehand, and then the questionnaire was edited for the trainees at the company. In the course of the research, an interview was done with the technical mentor. The interview was based on the questionnaire. In point of the results, recommendations were defined connected to the assumed shortages of the program, also to increase the efficiency of the selection and induction. In conclusion, the maintenance of the trainee program is equally beneficial for the trainees and for the company as well.
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Transformation of the Decisional Leadership Role
26-40Views:60Leadership decision-making is important for the successful functioning of organizations, so it is necessary for leaders to understand the factors that impact their decisions. Decision-making is always the responsibility of the leader, but in a changing world, it becomes an even more crucial factor for success. Making good decisions requires time, experience, and thorough problem-solving skills. In my research, through the analysis of scholarly sources, I have identified several role factors that clearly influence the decision-making process and its implementation. Furthermore, I have developed a self-designed questionnaire to examine the decision-making role in modern organizations. I analyzed the data from 230 respondents using various statistical methods. Based on my findings, conflict management, risk-taking, and a thorough understanding of the problem strongly determine leadership decision-making processes. The ability of leaders to effectively manage conflicts significantly impacts their decisions. Risk-taking is also of key importance, as leaders need to recognize the risks associated with a given situation and make decisions accordingly.
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Examination of Student’s Motivation to Participate in E-Sport
389-398Views:356The basis of our research is the popularization of e-sport and its significant development. Compared to many other sports, e-sport is not only a sports game, it is also a dynamically developing business in which the market success of its stakeholders depends to a large extent on its ability to recognize the needs of its stakeholders, sportsmen, the public and sports clubs. In our research we are looking for the answer to the question of students' attitude towards e-sports and what motivates them to spend more time with e-sports. Among other things, we have found that students are intrinsically motivated, besides getting their own pleasure, meeting themselves, it is very important to gain experience and to constantly develop themselves, to learn more new techniques and methods with the given e-sports game.
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The Efficiency of Intellectual Capital as a Crucial Factor of Innovation
419-428Views:231In today's global economy, there is a substantial shift from manufacturing to services, which challenges both economic policymakers, business stakeholders, owners, suppliers, competitors, and ordinary people: restructuring will encourage all economic players to learn how to adapt to new trends. That is why our research focuses on innovation and the ability of companies to create value. The IT sector is currently one of the fastest-growing and most innovative sectors within the service industry. The success of IT companies is greatly determined by their ability, how to make effective use of their intangible assets at their disposal, including intellectual capital, which is defined as a non-financial asset. So the question may arise: how is it possible to quantify and in monetary terms the intellectual capital of the companies to be examined? That is why, we calculated for the most successful Hungarian IT companies the widely recognized index, the VAICTM index, for which domestic calculations are not yet available. Indeed, this indicator eliminates the lack of information stemming from reporting standards by the methodology relying on publicly available financial reporting data. The indicator itself is a top indicator whose two main sub-indicators quantify the effectiveness of intellectual capital and physical capital.
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Corporate Performance Measurement in the E-Commerce
80-91Views:373Performance of the domestic online commerce showed a dynamic increase in recent years and, based on the expected forecasts, this trend will be realized in the future as well. In Hungary, the number of electronic commerce undertakings is estimated to be within a range of between 5 000 and 6 000 pieces and this number is steadily increasing. Today, the opportunities offered by the internet play an increasingly significant role in every segment of the economy. In the increasing market competition, it is no longer sufficient to serve the local population. Driver of the internet commerce is a marketing activity therefore the performance measurement is a priority. The excellent result and success essentially and principally depend on the performance, in addition to luck. Performance is understood as the measurable results or, in the broad sense, the successful efforts which are made to achieve the organizational objectives. The performance measurement is a measurement process of the efficiency and economy of an activity. Its aim is to support the decisions and actions related to the operation of the undertaking. The performance measurement is not only a decision support tool but also an element influencing every level of the decision-making system; it has an effect on the actions of stakeholders. Its danger and importance are simultaneously the fact that its improper operation (application of incorrect yardstick) can result in a functioning contrary to the corporate objectives. My aim is to survey the corporate performance measurement practice, to assess the connection between the financial and operational performance as well as to analyse the connection between the performance measurement practice and the performance achieved.
