• Title/Summary/Keyword: innovative strategies

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Innovative Leadership: A Literature Review Paper

  • Alice MOTSI;Samuel GUMBE;Noel MUZONDO
    • The Journal of Industrial Distribution & Business
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    • v.15 no.1
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    • pp.9-18
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    • 2024
  • Purpose: The study aims to develop literature review on innovative leadership in order to study main areas of research and present the status of innovative leadership. The study brings out the importance of innovative leadership given the rate at which the business environment is changing. The development of literature also enhances an understanding of the innovative leadership concept. Research design, data and methodology: The study adopted a desktop research methodology. Empirical and theoretical researches and articles which are relevant to innovative leadership are reviewed and analysed. Only secondary information gathered through those articles and researches is used to analyse and build literature review on innovative leadership. Results: A literature review of both qualitative and quantitative research on innovative leadership as portrayed in literature propose the new research direction that aims at unravelling the importance of adopting innovative leadership as a leadership style. Conclusions: It is evident that innovative leadership is an area which needs more attention especially in contemporary organisations. The service delivery environment is also changing rapidly thereby calling for strategies to match such changes. This paper facilitates improved understanding of innovative leadership, proffering solutions to a number of leadership challenges within various organisations.

A Study on the Influence of Innovative Structure to Corporate Entrepreneurship and Business Performance (혁신적 조직 구조 확립이 사내 기업가정신과 기업 성과에 미치는 영향)

  • Kim, Jin-soo;Hwang, Inho
    • Korean small business review
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    • v.42 no.3
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    • pp.245-274
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    • 2020
  • The 4th Industrial Revolution is rapidly changing the business environment and enterprises are required to accelerate various innovative activities for sustainable competitiveness. Recently corporate entrepreneurship is widely spread to organization for establishing innovative corporate culture and stimulating corporate ventures. However, many enterprises are not successful and productive due to lack of readiness of corporate entrepreneruship. Therefore, finding the factors influencing corporate entreprensurship, innovative activities and business performance is a very important research issues. A research model and hypothesis are developed by through literature review to analyze positive effects of corporate entrepreneurship to corporate performance and influential effects of factors such as innovation-based efforts at the organizational level, vision and organizational strategies and innovative operating system to corporate entrepreneurship and business performance. The result of Entrepreneurship Survey with Corporates conducted by Korea Entrepreneurship Foundation in 2017 is used for the research sample. Hypothesis test used 1,326 samples and the structural equation modeling is applied. The results show that corporate entrepreneurship improves innovative idea activity performance and business performance. And, establishing innovative vision and strategies and innovative organizational culture enhances corporate entrepreneurship. In addition, it was confirmed that the innovative operational system has a moderating effect that strengthens the positive influence relationship between corporate entrepreneurship and innovative idea performance. The results of this study have implications for previous research on corporate entrepreneurship in Korea by presenting the relationship between corporate entrepreneurship and business performance and the multilateral relationships between innovative organizational structure and corporate entrepreneurship.

The Concept of Human Resource Management in Logistics Processes

  • Shtuler, Iryna;Zabarna, Eleonora;Kyrlyk, Nataliya;Kostovyat, Hanna
    • International Journal of Computer Science & Network Security
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    • v.21 no.12
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    • pp.110-116
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    • 2021
  • The article focuses on the need to deepen the issue of human resource management in logistics processes. It is noted that changes in market conditions and turbulence in the institutional environment require managers to form a highly effective human resources policy capable to ensure the innovative development of the enterprise. Functional strategies for human resource management in logistical processes are proposed, namely: adaptive, innovative, selective and exclusive. Innovative technologies that should be used in the adaptive human resources policy process are identified.

A Study on the Technological Network between Innovative Clusters in Korea - With Special Reference to the Network Analysis of Co-invention - (국내 혁신클러스터의 기술혁신 연계관계 연구 : 공동발명의 네트워크 분석을 중심으로)

  • Park, Hyun-Woo;Yoo, Sun-Hi
    • Journal of Korea Technology Innovation Society
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    • v.10 no.1
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    • pp.98-120
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    • 2007
  • This study analyzed the linkage relations of technological innovation between Daedeok Innopolis and other seven innovative clusters in industrial complexes which have played important roles as innovative centers in Korea. To begin with, we selected major technologies of Daedeok Innopolis for which the linkage with other clusters of innovative activities was analyzed quantitatively and graphically with association matrices, network analysis and dendrogram. Based on this network analysis, we analyzed the technological linkage among clusters and found the direction and strength of technological cooperation of the Daedeok Innopolis with other innovative clusters by technology field. This study analyzed the technological network between the Daedeok Innopolis and other clusters on 6 technology fields in which Daedeok has innovative capabilities. In the analysis was measured the centrality of Daedeok compared with that of other clusters in areas where Daedeok is relatively active in innovative activities. As a result, Daedeok showed the highest centrality with the active innovative activities. Except Daedeok, Banwol-Sihwa cluster showed the highest centrality in all of the 6 technology fields. Putting all the centrality of each innovative cluster and the linkage relations of Daedeok Innopolis together, it need to consider the following policy directions to strengthen the innovative linkage with other clusters. In Daedeok's main technology areas, it needs to increase the regional linkage with the clusters with relatively high centrality and relatively low linkage with Daedeok. For Changwon, Wonju and Gunsan with which Daedeok has the relatively low innovative linkage, it need to examine a new policy to improve the linkage with technologies related with the industry other clusters are nurturing. When Daedeok formulates a plan to cooperate with other clusters, it does not only have to consider the linkage relations of technological innovation analyzed in this study and but also has to examine the cooperative strategies from the comprehensive point of view considering every aspect of their strategic industries, supportive policies, industrial base and competitiveness. This study analyzed the linkage relations between regions based on the network analysis of patents only by co-invention. Consequently, it did not examine the factors inducing the co-invention, which is a limitation of the study and is to be investigated in the future. Also, the exploratory analysis on determinants of linkage intensity and the strategies to get synergy effects through solidified linkage will be the issues of further study.

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The Mediating Effect of Rapport on the Relationship between Organizational Culture Type and Innovative Behavior of Hotel Chefs (호텔조리사의 조직문화유형과 혁신행동 관계에 라포의 매개효과)

  • Park, Jeong-Seop;Jeon, Jang-Chul;Kwon, Ki-Wan
    • Culinary science and hospitality research
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    • v.24 no.3
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    • pp.156-166
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    • 2018
  • The purpose of this study was to examine the mediating effects of rapport on the relationship between type of organizational culture and innovative behavior of hotel chefs. In order to accomplish the research purpose, data were collected from 202 chefs working at five-star hotels located in Gwangju and Jeonnam areas, and SPSS 22.0 Program was used to conduct frequency analysis, reliability analysis, exploratory factor analysis, regression analysis and mediation effect analysis. The results of the study were as follows. Firstly, it was found that innovative behaviors of hotel chefs are significantly affected by three types of organizational culture: rational culture, consensual culture, and developmental culture. Secondly, it was found that rational and consensual culture have significant effect on rapport. Thirdly, it was found that better-formed rapport in hotel chefs significantly remarkably influences their innovative behavior. Fourthly, the study results revealed that rapport has a mediating effect on the relationship between type of organizational culture and innovative behavior of hotel chefs. Thus, in order to induce voluntary innovative behaviors from building rapport in the hotel organization, it is necessary to develop and implement effective strategies which will form a work environment where chefs can freely engage in mutual exchanges and build trust with one another.

Organizational Culture and Organizational Support as Factors Affecting the Innovative Behaviors of General Hospital Nurses (종합병원간호사의 혁신행동 영향요인에 관한 연구: 간호조직문화와 조직지원을 중심으로)

  • Ko, Yu Kyung;Yu, Soyoung;Kang, Kyeong Hwa
    • Journal of Korean Academy of Nursing Administration
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    • v.21 no.2
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    • pp.223-231
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    • 2015
  • Purpose: The aim of this study was to identify the effects of organizational culture and organizational support on the innovative behavior of general hospital nurses. Methods: The participants in this study were 356 nurses, working in hospitals in Seoul, Gyeonggi and Gangwon Provinces, and Daejeon City. Data were collected from June to August, 2012. A structured questionnaire was used for data collection and data was analyzed using the SPSS/WIN program. Results: The organizational culture positively correlated with innovative behavior. The most significant predictors of innovative behavior were age, organizational support and hierarchy-oriented culture. Conclusion: These findings suggest that nurses' organizational culture and organizational support were linked to innovative behavior. Management-level workers in these hospitals should have the skills and strategies to develop nurses' innovative behavior and increases nurses' recognition of organizational support to achieve high performance through innovation.

Determining Subsidies for Banks in Policy Loans to Innovative SMEs (혁신형 중소기업 정책금융에 대한 금융기관 지원금 결정모형)

  • Kim, Sung-Hwan;Seol, Byung-Moon
    • Journal of the Korean Operations Research and Management Science Society
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    • v.34 no.2
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    • pp.1-13
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    • 2009
  • In this paper, we develop theoretical game models to determine the level of government subsidies for banks to provide policy loans to Innovative SMEs(small and medium sized enterprises) through banks, which otherwise would not finance them for the sake of their own profitability. For this, we compare net cash flows of each bank using different strategies against high risk innovative SMEs. A bank can decide whether to provide them loans or not In each period. Following Kim(2003)'s Infinite horizon model on the soft budget constraint, we introduce a situation in which banks compete against each other for higher net long-term payoffs from their loans to innovative SMEs and non-innovative SMEs. From the models, we show that competition among banks in general leads to a tighter decision against innovative SMEs, as a Nash equilibrium. It is not because the government bank is simply loose in providing loans, but because competition among commercial banks for fewer riskier borrowers results in tighter loan decisions against innovative SMEs. Thus, the competitive market for policy loans to innovative SMEs fails to reach the socially optimal level of loans for innovative SMMs. Commercial banks in the competitive market may require additional supports from the government to make up for the differences in their payoffs to support innovative SMEs, possibly much riskier due to moral hazards and poor discounted cash flows. The monopolistic government bank might also request such supports from the government to fund otherwise unqualified SMEs. We calculate an optimal level of governmental support for banks to guarantee funding such high-risk innovative SMEs over periods without deviating from their optimal Nash equilibrium policies.

ICT-oriented Training of Future HEI Teachers: a Forecast of Educational Trends 2022-2024

  • Olena, Politova;Dariia, Pustovoichenko;Hrechanyk, Nataliia;Kateryna, Yaroshchuk;Serhii, Nenko
    • International Journal of Computer Science & Network Security
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    • v.22 no.4
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    • pp.387-393
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    • 2022
  • The article reflects short-term perspectives on the use of information and communication technologies in the training of teachers for higher education. Education is characterized by conservatism, so aspects of systematic development of the industry are relevant to this cluster of social activity. Therefore, forecasting the introduction of innovative elements of ICT training is in demand for the educational environment. Forecasting educational trends are most relevant exactly in the issues of training future teachers of higher education because these specialists are actually the first to implement the acquired professional skills in pedagogical activities. The article aims to consider the existing potential of ICT-based learning, its implementation in the coming years, and promising innovative educational elements that may become relevant for the educational space in the future. The tasks of scientific exploration are to show the optimal formats of synergy between traditional and innovative models of learning. Based on already existing experience, extrapolation of conditions of educational process organization with modeling realities of using information and communication technologies in various learning dimensions should be carried out. Educational trends for the next 3 years are a rather tentative forecast because, as demonstrated by the events associated with the COVID-19 pandemic, the socio-cultural space is very changeable. Consequently, the dynamism of the educational environment dictates the need for a value-based awareness of the information society and the practical use of technological advances. Thus, information and communication technologies are a manifestation of innovative educational strategies of today and become an important component along with traditional aspects of educational process organization. Future higher education teachers should develop a training strategy taking into account the expediency of the ICT component.

Building a Product Design of Innovative Strategy for Creating Enterprise Development

  • Liao, Shih-Chung
    • The Journal of Industrial Distribution & Business
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    • v.5 no.1
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    • pp.17-25
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    • 2014
  • Purpose - Nowadays, the innovative design concept is being implemented in product design. In order to satisfy market trends and the demand for quality, designers should employ customer satisfaction questionnaires and analyze them with various experimental processes. Research design, data, and methodology - These methodologies would help designers have a better understanding of their customers and judge the market size and clustering validity, by diverse product strategies, for dealing with the rapid change prevailing in the market today. Results - By considering the innovative design with regard to telephones as an experimental case, the study investigates and demonstrates how the product can benefit from market-oriented and customized management concepts, when creative design ability is utilized for developing the product. Conclusions - Along with the benefit of having an innovative product value, the product can stimulate progress inthe development of the enterprise management, which has emerged as the main issue in the area of social and economic development in every developed country.

Using the MCDM of the Innovative Product Value Chain to Promote New Product Design

  • Liao, Shih-Chung
    • Asian Journal of Business Environment
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    • v.4 no.3
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    • pp.27-37
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    • 2014
  • Purpose - In the past, designs for traditional products have usually focused on historic techniques. However, this tradition of using historic techniques has now been replaced by the trend of using the innovative design concept. Research design, data, and methodology - To measure future market trends and quality requirements, we apply the results of the questionnaires and analyze them with various experimental processes and a design methodology. In this way, we gauge the impact of the innovative product value chain on the promotion of new products. Results - Accompanied with an innovative product value chain, the product can stimulate the development of enterprise management, which has become the main issue in social and economic development in every developed country, and can facilitate the progress of enterprise management throughout the enterprise. Conclusions - Customer demand should be emphasized as the primary means to solve design problems, to design optimal solutions, to create differentiation with competitors, and to pursue optimal marketing strategies.