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1.
8th FEB International Scientific Conference : Challenges in the Turbulent Economic Environment and Organizations’ Sustainable Development
2024, proceedings of peer-reviewed scientific conference contributions (international and foreign conferences)

Abstract: The proceedings of the 8th scientific conference, organized by the Faculty of Economics and Business, University of Maribor, titled "Challenges in the turbulent economic environment and organizations’ sustainable development," present research and findings on the challenges that companies as well as other organizations face in unpredictable economic environments and efforts towards sustainable development. Various distinguished European authors address the impacts of global economic fluctuations on business operations and emphasize the importance of adaptability and innovation in tackling these challenges. Additionally, they underscore the significance of sustainable development as a crucial factor for the long-term success of companies and present strategies for its effective implementation. Through analyses and case studies, authors reveal key factors influencing the success of organizations in turbulent economic environments and offer guidelines for designing responsive and sustainability-focused business models.
Keywords: sustainability, economic environment, sustainable development, business challenges, competitiveness, turbolent environment
Published in DKUM: 23.05.2024; Views: 82; Downloads: 3
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2.
Artificial intelligence and agility-based model for successful project implementation and company competitiveness
Polona Tominc, Dijana Oreški, Maja Rožman, 2023, original scientific article

Abstract: The purpose of the paper is to present a model of factors affecting the successful project implementation by introducing agility and artificial intelligence to increase the company’s competitiveness. In the model, the multidimensional constructs describing the implementation of an agile work environment and artificial intelligence technologies and tools were developed. These multidimensional constructs are agile work environment, agile leadership, agile team skills and capabilities, improving the work of the leader in the project, adopting AI technologies in the project, and using AI solutions in a project. Their impact on successful project implementation and on the company competitiveness was tested. The fundamental reason for conducting this research and developing the model is to enhance the understanding of factors that contribute to the successful implementation of projects and to increase a company’s competitiveness. Our developed model encompasses multidimensional constructs that describe the agile work environment and the utilization of AI technologies. By examining the impact of these constructs on both successful project implementation and company competitiveness, we aimed to establish a comprehensive framework that captures the relationship between agility, AI, and successful project implementation. This model serves as a valuable tool for companies seeking to improve their project implementation processes and gain a competitive edge in the market. The research was based on a sample of 473 managers/owners in medium-sized and large companies. Structural equation modeling was used to test the hypotheses. In today’s turbulent environment, the results will help develop guidelines for a successful combination of agile business practices and artificial intelligence to achieve successful project implementation, increasing a company’s competitiveness.
Keywords: artificial intelligence, agile work environment, company competitiveness, project management
Published in DKUM: 26.03.2024; Views: 184; Downloads: 164
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On-the-job training and human resource management : how to improve competitive advantage of an organization?
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 in DKUM: 04.12.2017; Views: 1440; Downloads: 243
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5.
Impact of ICTs on innovation activities : indication for selected European countries
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 in DKUM: 13.11.2017; Views: 1312; Downloads: 196
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6.
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 in DKUM: 04.08.2017; Views: 1387; Downloads: 382
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7.
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 in DKUM: 26.07.2017; Views: 1641; Downloads: 480
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8.
The importance of human resource management for the success of the company
Sonja Treven, 2000, other scientific articles

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 in DKUM: 17.07.2017; Views: 1232; Downloads: 133
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9.
Promoting sustainability of tourism by creative tourism development : how far is Slovenia?
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 in DKUM: 06.07.2017; Views: 1039; Downloads: 149
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10.
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 in DKUM: 04.07.2017; Views: 1071; Downloads: 105
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