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Détails du magazine
Format
Magazine
eISSN
2385-8052
Première publication
22 Feb 2015
Période de publication
4 fois par an
Langues
Anglais

Chercher

Volume 62 (2016): Edition 2 (June 2016)

Détails du magazine
Format
Magazine
eISSN
2385-8052
Première publication
22 Feb 2015
Période de publication
4 fois par an
Langues
Anglais

Chercher

6 Articles
Accès libre

Does Grade Level Matter for the Assessment of Business Process Management Maturity?

Publié en ligne: 24 Jun 2016
Pages: 3 - 11

Résumé

Abstract

The purpose of this paper is to create and test the practical application of a business process management maturity assessment conducted at two different grade levels (management and professional level) in an organization. The conceptual framework for this research includes creating a business process maturity indicator (BPMI) for six process areas: strategy, documentation, optimization, implementation, execution, and controlling. The comparative analysis of the business process management maturity is performed using the BPMI on two cases: inside a single organization and the sector internally.

Mots clés

  • business process management
  • maturity of business process management
  • maturity models
  • grade levels in the maturity assessment
Accès libre

Big Data for Business Ecosystem Players

Publié en ligne: 24 Jun 2016
Pages: 12 - 24

Résumé

Abstract

In the provided research, some of the Big Data most prospective usage domains connect with distinguished player groups found in the business ecosystem. Literature analysis is used to identify the state of the art of Big Data related research in the major domains of its use-namely, individual marketing, health treatment, work opportunities, financial services, and security enforcement. System theory was used to identify business ecosystem major player types disrupted by Big Data: individuals, small and mid-sized enterprises, large organizations, information providers, and regulators. Relationships between the domains and players were explained through new Big Data opportunities and threats and by players’ responsive strategies. System dynamics was used to visualize relationships in the provided model.

Mots clés

  • Business ecosystems
  • Big Data
  • information providers
  • system dynamics
Accès libre

Nonprofit Organizations from the Perspective of Organizational Development and Their Influence on Professionalization

Publié en ligne: 24 Jun 2016
Pages: 25 - 32

Résumé

Abstract

The aim of this paper is to give an overview of the phenomenon of professionalization that is observable in organizations from the nonprofit sector. Empirical research was conducted among Hungarian nonprofit organizations, and the data were collected within the framework of a country-wide survey. Through the analysis of the research results, the paper provides deeper insights into knowledge about professionalization trends in the nonprofit sector. It proves that organizational development positively impacts nonprofit organizations’ improvement of their professionalization level and the members of these organizations.

Mots clés

  • organizational development
  • nonprofit organizations
  • professionalization
  • learning
  • knowledge
Accès libre

The Analysis of Barriers in Succession Processes of Family Business with the Use of Grey Incidence Analysis (Polish Perspective)

Publié en ligne: 24 Jun 2016
Pages: 33 - 41

Résumé

Abstract

The article presents results of research on the identification and evaluation of barriers faced by successors in family businesses during the first process of succession. The analysis of empirical material used grey systems theory, which was considered as an equivalent for the analysis of small samples and qualitative research. While conducting the literature review and empirical study, the authors concentrated on (a) the identification of barriers in the development of family firms and (b) eliciting the perspective of the new generation of owners in family firms entering the succession process through an empirical analysis of the assessed level of risk in relationships with family and business.

Mots clés

  • Family business
  • grey incidence analysis
  • grey system theory
Accès libre

Testing the Performance of Cubic Splines and Nelson-Siegel Model for Estimating the Zero-coupon Yield Curve

Publié en ligne: 24 Jun 2016
Pages: 42 - 50

Résumé

Abstract

Understanding the relationship between interest rates and term to maturity of securities is a prerequisite for developing financial theory and evaluating whether it holds up in the real world; therefore, such an understanding lies at the heart of monetary and financial economics. Accurately fitting the term structure of interest rates is the backbone of a smoothly functioning financial market, which is why the testing of various models for estimating and predicting the term structure of interest rates is an important topic in finance that has received considerable attention for many decades. In this paper, we empirically contrast the performance of cubic splines and the Nelson-Siegel model by estimating the zero-coupon yields of Austrian government bonds. The main conclusion that can be drawn from the results of the calculations is that the Nelson-Siegel model outperforms cubic splines at the short end of the yield curve (up to 2 years), whereas for medium-term maturities (2 to 10 years) the fitting performance of both models is comparable.

Mots clés

  • Cubic splines
  • Nelson-Siegel
  • yield curve
  • zero-coupon bonds
  • term structure of interest rates
Accès libre

The Relationship between Spiritual Intelligence and Work Satisfaction among Leaders and Employees

Publié en ligne: 24 Jun 2016
Pages: 51 - 60

Résumé

Abstract

This study aims to investigate the relationship between spiritual intelligence and work satisfaction among both leaders and employees. Most studies in this area have focused on researching the relationship between employees’ spiritual intelligence and work satisfaction, so we also researched the relationship between leaders’ spiritual intelligence and work satisfaction. Our leading thesis was that leaders and employees with a higher level of spiritual intelligence have a higher level of work satisfaction. In our study, we found no significant relationship between spiritual intelligence and work satisfaction for leaders, but we found a significant positive relationship between spiritual intelligence and workplace satisfaction for employees.

Mots clés

  • spiritual intelligence
  • work satisfaction
  • leaders
  • employees
6 Articles
Accès libre

Does Grade Level Matter for the Assessment of Business Process Management Maturity?

Publié en ligne: 24 Jun 2016
Pages: 3 - 11

Résumé

Abstract

The purpose of this paper is to create and test the practical application of a business process management maturity assessment conducted at two different grade levels (management and professional level) in an organization. The conceptual framework for this research includes creating a business process maturity indicator (BPMI) for six process areas: strategy, documentation, optimization, implementation, execution, and controlling. The comparative analysis of the business process management maturity is performed using the BPMI on two cases: inside a single organization and the sector internally.

Mots clés

  • business process management
  • maturity of business process management
  • maturity models
  • grade levels in the maturity assessment
Accès libre

Big Data for Business Ecosystem Players

Publié en ligne: 24 Jun 2016
Pages: 12 - 24

Résumé

Abstract

In the provided research, some of the Big Data most prospective usage domains connect with distinguished player groups found in the business ecosystem. Literature analysis is used to identify the state of the art of Big Data related research in the major domains of its use-namely, individual marketing, health treatment, work opportunities, financial services, and security enforcement. System theory was used to identify business ecosystem major player types disrupted by Big Data: individuals, small and mid-sized enterprises, large organizations, information providers, and regulators. Relationships between the domains and players were explained through new Big Data opportunities and threats and by players’ responsive strategies. System dynamics was used to visualize relationships in the provided model.

Mots clés

  • Business ecosystems
  • Big Data
  • information providers
  • system dynamics
Accès libre

Nonprofit Organizations from the Perspective of Organizational Development and Their Influence on Professionalization

Publié en ligne: 24 Jun 2016
Pages: 25 - 32

Résumé

Abstract

The aim of this paper is to give an overview of the phenomenon of professionalization that is observable in organizations from the nonprofit sector. Empirical research was conducted among Hungarian nonprofit organizations, and the data were collected within the framework of a country-wide survey. Through the analysis of the research results, the paper provides deeper insights into knowledge about professionalization trends in the nonprofit sector. It proves that organizational development positively impacts nonprofit organizations’ improvement of their professionalization level and the members of these organizations.

Mots clés

  • organizational development
  • nonprofit organizations
  • professionalization
  • learning
  • knowledge
Accès libre

The Analysis of Barriers in Succession Processes of Family Business with the Use of Grey Incidence Analysis (Polish Perspective)

Publié en ligne: 24 Jun 2016
Pages: 33 - 41

Résumé

Abstract

The article presents results of research on the identification and evaluation of barriers faced by successors in family businesses during the first process of succession. The analysis of empirical material used grey systems theory, which was considered as an equivalent for the analysis of small samples and qualitative research. While conducting the literature review and empirical study, the authors concentrated on (a) the identification of barriers in the development of family firms and (b) eliciting the perspective of the new generation of owners in family firms entering the succession process through an empirical analysis of the assessed level of risk in relationships with family and business.

Mots clés

  • Family business
  • grey incidence analysis
  • grey system theory
Accès libre

Testing the Performance of Cubic Splines and Nelson-Siegel Model for Estimating the Zero-coupon Yield Curve

Publié en ligne: 24 Jun 2016
Pages: 42 - 50

Résumé

Abstract

Understanding the relationship between interest rates and term to maturity of securities is a prerequisite for developing financial theory and evaluating whether it holds up in the real world; therefore, such an understanding lies at the heart of monetary and financial economics. Accurately fitting the term structure of interest rates is the backbone of a smoothly functioning financial market, which is why the testing of various models for estimating and predicting the term structure of interest rates is an important topic in finance that has received considerable attention for many decades. In this paper, we empirically contrast the performance of cubic splines and the Nelson-Siegel model by estimating the zero-coupon yields of Austrian government bonds. The main conclusion that can be drawn from the results of the calculations is that the Nelson-Siegel model outperforms cubic splines at the short end of the yield curve (up to 2 years), whereas for medium-term maturities (2 to 10 years) the fitting performance of both models is comparable.

Mots clés

  • Cubic splines
  • Nelson-Siegel
  • yield curve
  • zero-coupon bonds
  • term structure of interest rates
Accès libre

The Relationship between Spiritual Intelligence and Work Satisfaction among Leaders and Employees

Publié en ligne: 24 Jun 2016
Pages: 51 - 60

Résumé

Abstract

This study aims to investigate the relationship between spiritual intelligence and work satisfaction among both leaders and employees. Most studies in this area have focused on researching the relationship between employees’ spiritual intelligence and work satisfaction, so we also researched the relationship between leaders’ spiritual intelligence and work satisfaction. Our leading thesis was that leaders and employees with a higher level of spiritual intelligence have a higher level of work satisfaction. In our study, we found no significant relationship between spiritual intelligence and work satisfaction for leaders, but we found a significant positive relationship between spiritual intelligence and workplace satisfaction for employees.

Mots clés

  • spiritual intelligence
  • work satisfaction
  • leaders
  • employees

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