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1.
On-the-job training and human resource management
Kosovka Ognjenović, 2015, original scientific article

Abstract: Background: In this paper, the effects of four groups of factors on organizational performance are examined. Those are human resource management (HRM) policies and practices, financial and business indicators, location, and firm characteristics. A review of selected literature confirmed that a similar set of factors, through its positive effects on boosting organizational performance, may significantly improve competitive advantage of firms. Methods: An empirical analysis using firm-level data is conducted on the sample of enterprises operating in Serbia. A microeconometric approach is employed in order to specify and estimate empirical models. Two statistical models are applied. The ordered probit model is used for investigating organizational performance and the standard binary probit model for examining the decision of a firm to integrate the human resource development (HRD) department into its organizational structure. The goodness of fit measures confirmed the statistical reliability of estimated models. Results: Estimation results revealed that optimization of the number of employees, sales and revenues, firm age, increased market demand and competitive environment, as well as the ‘right decisions’ of the top management have significantly positive effects on boosting organizational performance. Significance of on-the-job training for boosting organizational performance was not empirically supported. In the same group of factors are firm size, industry and region. An auxiliary model shown that large- and medium-sized firms, firms with high level of revenues, privately owned, foreign and those located in or near to the capital city are more likely to have HRD departments. Conclusions: This paper provides a survey of the theoretical literature and explains empirical findings that are relevant for understanding to what extent on-the-job training, managing human resource, as well as some other internal and external organizational and financial factors are important for enhancing competitive advantage of firms.
Keywords: training, human resource management, competitiveness, organization, employees
Published: 04.12.2017; Views: 741; Downloads: 137
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2.
Impact of ICTs on innovation activities
Jovana Zoroja, 2016, original scientific article

Abstract: The development and usage of information and communication technologies (ICTs) has particularly increased in the last two decades, while at the same time showing great potential to improve the efficacy of business processes, facilitate and drive innovations, and therefore increase competitiveness. Innovation activities represent an important factor for social and economic change as well as for increasing competitive advantages at both the national and firm levels. This paper focuses on the role that ICTs play in the innovation performance of selected European countries. Using data drawn from the Eurostat and Global Competitiveness Index (2007–2011) and panel regression analysis, research results indicate that ICTs have a significant impact on business innovation activities.
Keywords: information and communication technology, innovation, business sophistication, competitiveness, European countries, regression analysis
Published: 13.11.2017; Views: 496; Downloads: 88
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3.
Product lifecycle management through innovative and competitive business environment
Valentina Gečevska, Paolo Chiabert, Zoran Anišić, Franco Lombardi, Franc Čuš, 2010, published scientific conference contribution

Abstract: Product Lifecycle Management (PLM) is the process of managing the whole life cycle of a product starting from generating an idea, concept description, business analyzes, product design and solution architecture and technical implementation, to the successful entrance to the market, service, maintenance and product improvement. At present, a wide range of stakeholders including consumers, regulators, shareholders and public bodies are demanding that companies address product management through all life cycle in a more comprehensive and sustainable way. However, even if a company actually wishes innovate its processes for improving the way to account for project management, it will face relevant difficulties to deal with different guidelines, tools and methods currently addressing the matter from various points of view. The purpose of this paper is to review literature on PLM from an operational point of view with the objective to help companies to answer to the main market needs.
Keywords: product lifecycle management, business process, competitiveness
Published: 04.08.2017; Views: 585; Downloads: 302
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4.
Training in diversity management
Sonja Treven, Urška Treven, 2007, original scientific article

Abstract: The labor force all around the world is becoming increasingly diverse. Thus, organizations that can manage employee diversity effectively gain a competitive advantage. In such organizations diversity training is a necessity. Diversity training helps managers understand and value individual differences and develop strong diagnostic skills. The paper explores various approaches to training, like awareness-based and skill-based diversity training. A special attention to potential problems that may occur in the process of diversity training is given.
Keywords: diversity management, training, employment, competitiveness, human resources, management
Published: 26.07.2017; Views: 946; Downloads: 295
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5.
The importance of human resource management for the success of the company
Sonja Treven, 2000, short scientific article

Abstract: The paper first briefly presents the environment and challenges the companies will encounter in the forthcoming decade. Further, the author investigates challenges which will impact the implementation of human resource management. As there exists a two-way link between the companies and the environment, this contribution also illustrates the link into the other direction, and shows how the competitive advantage for the individual company can be gained by effective human resource management.
Keywords: management, human potential, performance, enterprise, competitiveness
Published: 17.07.2017; Views: 677; Downloads: 91
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6.
Promoting sustainability of tourism by creative tourism development
Romana Korez-Vide, 2013, original scientific article

Abstract: In this paper we introduce sustainability dimensions of creative tourism and develop a model of sustainable creative tourism. The concepts of culture-based creativity and sustainability as tools for a value-adding impact on cultural tourism and local culture are discussed in the theoretical part of the paper. Our empirical analysis reveals that higher GDP per capita does not necessary correlate with higher competitiveness of an economy: a comparison analysis of Slovenian and Estonian international competitive positions in various domains shows several weaknesses of Slovenian competitiveness and offers an explanation for indispensable systemic view on tourism competitiveness. Our world wide web analysis of the steps made in creative tourism development in both countries indicates Estonian advantage, which could be taken as an example of good practice. Some suggestions for Slovenian policy making with regard to institutional support for culturebased creativity and creative tourism development are made in the final part of the paper.
Keywords: sustainability, culture-based creativity, creative tourism, competitiveness, Slovenia
Published: 06.07.2017; Views: 538; Downloads: 67
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7.
Empowerment of employees in gaining competitive advantage
Sonja Treven, Štefan Kajzer, 1999, original scientific article

Abstract: In the paper, the authors emanate from various types of structures of the enterprise whereby they focus their attention on the flexible form. They examine the possibilities to encourage the employees in achieving the business objectives in enterprises with a flexible organisational structure. They particularly deal with some of the more important aspects concerning the employees, as for example: job enrichment, self-managed work teams, creativity and gathering of ideas, the question of rewarding and recognizing the efforts of the staff. They conclude the paper by presenting the manner of recruiting and training as well as giving suggestions for creating "champions"in these enterprises.
Keywords: company, employment, competition, competitiveness, organizational structures, creativity
Published: 04.07.2017; Views: 502; Downloads: 69
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8.
Contingency factors influencing implementation of physical asset management practices
Damjan Maletič, Matjaž Maletič, Basim Al-Najjar, Katerina Gotzamani, Maria Gianni, Kalinowski, Boštjan Gomišček, 2017, original scientific article

Abstract: Purpose: The purpose of this empirical study is to examine the role of two contingency factors, i.e. uncertainty and competitiveness in relation to physical asset management (PAM) practices as well as to maintenance key performance indicators. The research is based on a premise that PAM, which was defined by risk management practices, performance assessment practices, life cycle management practices, and policy & strategy practices, has become an indispensable element of strategic thinking of asset owners as well as maintenance and asset managers. The purpose of this study is to advance the understanding of how organizations that face high or low level of uncertainty and competitiveness respond in terms of PAM deployment. Methodology/Approach: This study employed a data set based on a large-scale survey among organizations in six European countries (i.e. Slovenia, Poland, Greece, Sweden, Turkey and Slovakia). Data were collected from 138 organizations located in the above-mentioned countries to conduct the study. Findings: The results show that organizations that are faced with high level of uncertainty and competitiveness are more engaged in the deployment of PAM practices. Moreover, results show that when organizations are facing high levels of competitiveness they are using KPIs to a greater extent than organizations under low levels of competitiveness. Originality/value: From a theoretical perspective, this study contributes to the contingency theory by providing empirical evidence whether a context-dependent approach to PAM is needed. The findings also provide insights for managers on how to respond to the competitive pressure as well as how to customize PAM practices in order to adapt to the changes in dynamic organizational environment.
Keywords: physical asset management, maintenance, uncertainty, competitiveness
Published: 06.04.2017; Views: 897; Downloads: 299
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10.
Slovenian economy on the way from independence to catching up average economic development of EU-27
Lučka Lorber, 2008, original scientific article

Abstract: During the EU accession process, an intensive process of economic restructuring was taking place in Slovenia that was intended to secure Slovenia's incorporation into the common European market. At the time of adapting the legal and economic order to European standards, everyone was aware of the fact that successful EU spatial integration depends on the achieved economic power that is comparable to the average EU-27 economic growth. Slovenia's economic structure, determined by the GDP structure, is slowly approaching the structure of developed economies with the importance of agriculture and manufacture decreasing, and the importance of services increasing. However, financial and busines services, and technologically demanding sectors are growing too slowly. Structural changes of the Slovene economy have an affect on transformation of geographical space and create a new social-economic gravitational region. Functional and structural economic changes that resulted from social and political changes following Slovenia's newly-gained independence and its transition to market economy have changed the role of Slovenia in the common European economic market. Slovenia is to be found on a key development crossing, moving from an industrial to post industrial society. Slovenia's basic development goal is to exceed the average economic development of the enlarged EU by 2015 to be able to secure and improve social security, faster development in all its regions, and improve the environment. In other words strive for a better quality of life and overall human development.
Keywords: geography, economic geography, unified European market, Lisbon strategy, structural indicators, transition countries, Europe, competitiveness
Published: 21.12.2015; Views: 643; Downloads: 57
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