Doing business in the non-ferrous metals industry: how to survive in a mature market in crisis
This case study tells the story of Kirov non-ferrous metals processing plant located in Kirov (USSR, presently the Russian Federation). Founded in 1956, this company had long been one of the USSR’s leading manufacturers in the industry of non-ferrous metals processing. The situation changed dramatically in the first half of 1990s. During those years, instead of state-planned economy, Russia saw the formation of market economy. It was the first time when the company (as a result of privatization, it became a joint-stock company with a small number of pure portfolio investment owners) was faced with the need to look for marketing outlets for its products on its own. At the same time, after having been privatized, the company could not receive government investments anymore. Due to all these conditions, in 1995, capacity utilization in this company fell to 16 per cent, and it appeared to be on the verge of bankruptcy.
Previous studies on software product management (SPM) domain have provided an extensive picture of the work of a software product manager. Still, little evidence exists about what principles should guide their decisions. A product manager’s decision-making has a certain level of subjectivity based on managerial intuition. However, sustainable software product development requires effective long-term decision-making practices. Requirements engineering, as well as release planning and roadmapping, are SPM areas with the highest level of evidence-based decision-making. Still, the clear understanding of evidence-based decision-making practices is missing. The paper provides an analysis of decision-making related to SPM, reveals a spectrum of attitudes and approaches and reports assumptions on whether SPM is based on intuition or if it is evidence-based.
The article examines the problem of the ICO (Initial Coin Offering, from English — “initial offer of coins, initial placement of coins”). The information source is the ICO rating data of the return on investment in blockchain startups. The methodological base of the research is a situational comparative analysis of the ICO, DAOICO, IEO and STO and systematization of information. The author analyzes three new ICO models. The first one includes elements of Decentralized Autonomous Organizations (DAO). Its aim is to minimize the difficulties and risks associated with the ICO. The second model (Initial Exchange Offering (IEO), from English — “primary exchange offer”) is designed to minimize risks, liquidity problems and a delay in listing tokens at the end of the token sale. The third model — the Security Token Offering (STO, from English — “offer of security token”) — was designed to support real assets and comply with the SEC requirements. These models are a new direction for small and medium enterprises and investors. The absence of any scientific work emphasizes the relevance and scientific novelty of the study. The article is a follow-up of the empirical work related to the success of the ICO, as well as the basis for its revision using the case study results.
This article proposes that mass collaborative knowledge management (MCKM) and social media networks (SMNs) tend to enhance productivity in small- and medium-sized enterprises (SMEs). A case study methodology was employed to highlight the complementary advantages of MCKM related to the use of SMNs in a small business operating in southern Italy. The research aims to contribute to the ongoing discussion on MCKM. This article offers a fresh perspective by discussing the relevance of this construct for SMEs.
Enterprise architecture (EA) is a collection of artifacts describing various aspects of an organization from an integrated business and IT perspective. EA practice is an organizational activity that implies using EA artifacts for facilitating decision-making and improving business and IT alignment. EA practice involves numerous participants ranging from C-level executives to IT project teams and effective engagement between these stakeholders and architects is critically important for success. However, the notion of engagement has received insufficient attention in the EA literature and the problem of establishing engagement has not been examined in detail. Based on a single in-depth case study, this paper explores the problem of achieving engagement in EA practice. Using the grounded theory method, we identify 16 direct and two indirect inhibitors of engagement and unify them into a holistic conceptual model. The model explains how the inhibitors of engagement undermine the ability to realize value from practicing EA.
The first aim of this study is to assess the effectiveness of activities, strategies and processes associated with managers’ empowerment based on the National Human Resource Empowerment Model in Iran. The second aim is to propose a provincial model of human resources empowerment for managers and executives. To collect data, a qualitative research approach including semi-structured interviews and content analysis was used. The research sample consists of 27 managers who were recruited by purposive sampling method from an Iranian organization in public sector. The results of interviews revealed that there is a practical gap between current effectiveness of human resources empowerment in the studied organization and the optimal effectiveness suggested by the national model. In addition, content analysis showed that lack of a systematic and trackable plan of human resources empowerment had stopped the implementation of empowerment strategies. This provincial empowerment model can be used to keep managers motivated and efficient where regional, social and cultural values are considered important in the workplace. Moreover, it could be used to remove the gap between current effectiveness in studied organization and the optimal effectiveness indicated in national model through more motivated and empowered managers.This provincial empowerment model can be used to keep managers motivated and efficient where regional, social and cultural values are considered important in the workplace. Moreover, it could be used to remove the gap between current effectiveness in studied organization and the optimal effectiveness indicated in national model through more motivated and empowered managers.
The paper deals with the specifics of informal entrepreneurial activity in fragile postsocialist environment of Russia. Based on related literature it develops an original typology of entrepreneurs combining the level of informal entrepreneurial activity and motivation. The paper offers an in-depth look into the strategies of local entrepreneurs doing business merely formally vs. informally, and into the performance of their firms before and during the economic crisis in Russia. Empirical enquiry is based on three cases in a longitudinal panel survey conducted by the authors in 2013-2015 in Moscow, on one ‘marginal’, one ‘simpleton’ and one prospective ‘star’ entrepreneurs. The more informally and less growth oriented is a business established at the grassroots level, without using any connection with authorities, the more sustainable and secure is its development. Conversely, those bottom-up entrepreneurs who try to establish a transparent business are facing substantial administrative and fiscal problems. Finally, some evidence and political recommendations are formulated.
Smoking is a problem, bringing signifi cant social and economic costs to Russiansociety. However, ratifi cation of the World health organization Framework conventionon tobacco control makes it possible to improve Russian legislation accordingto the international standards. So, I describe some measures that should be taken bythe Russian authorities in the nearest future, and I examine their effi ciency. By studyingthe international evidence I analyze the impact of the smoke-free areas, advertisementand sponsorship bans, tax increases, etc. on the prevalence of smoking, cigaretteconsumption and some other indicators. I also investigate the obstacles confrontingthe Russian authorities when they introduce new policy measures and the public attitudetowards these measures. I conclude that there is a number of easy-to-implementanti-smoking activities that need no fi nancial resources but only a political will.
One of the most important indicators of company's success is the increase of its value. The article investigates traditional methods of company's value assessment and the evidence that the application of these methods is incorrect in the new stage of economy. So it is necessary to create a new method of valuation based on the new main sources of company's success that is its intellectual capital.
портовый менеджмент, показатели деятельности, анализ эффективности, система учета, распределение издержек, методы анализа деятельности портовой системы
At present many industries reveal tendency for setting up of vertically integrated companies (VIC) the structure of which unites all technological processes. This tendency proved its efficiency in oil industry where coordination of all successive stages of technological process, namely, oil prospecting and production -oil transportation - oil processing - oil chemistry - oil products and oil chemicals marketing, is necessary. The article considers specific features of introduction of "personnel management" module at enterprises of oil and gas industry.
vertically integrated companies; personnel management