No abstract

No abstract

No abstract

Many hurdles, such as inadequate resources, impede the execution of strategies in organizations. These problems could partly be ascribed to the tendency of individuals to feel, in the midst of change, their identity could shift dramatically. Their activities now, therefore, may not seem meaningful to their future. In this state, people become more concerned about their immediate needs, withholding the effort needed to affect future change. Leaders who promote stable, consistent values over time might redress this concern. To assess this possibility, 208 senior managers completed a questionnaire that assesses consistency of values over time, a sense of meaning at work, hurdles that impede the execution of strategy, and firm performance. Consistent with the hypotheses, consistent values over time were positively associated with firm performance, and these relationships were mediated by meaning at work and hurdles that impede strategy. A qualitative study showed that managers utilize many approaches to foster this consistency of values. Specifically, they communicate their strategic plan regularly, redress misalignments between values and practice, encourage the participation of all departments equally, and seek the active support of senior management-all intended to show how perturbations in the organization align to an overarching, enduring vision.

No abstract

This study proposes a new process design, simulation, and techno-economic analysis of an integrated process plant that produces glucose and furfural from Malaysian empty fruit bunches (EFB). An Aspen Plus-based simulation has been established to develop a process flow diagram of co-production of glucose and furfural along with the mass and energy balances. For the production capacity of 10 kilotons per year (ktpy) of glucose and 4.96 ktpy of furfural in Malaysia, purity of 98.21 and 99.54% - weight, respectively, was achieved. The plant’s economics is analyzed by calculating the fixed capital income (FCI), operating costs, and working capital. In contrast, profitability is determined using cumulative cash flow (CCF), net present value (NPV), and internal rate of return (IRR). The FCI is calculated as Malaysian Ringgit (MYR) 81.61 million, while the working and operating expenses are calculated as MYR 11.29 million and MYR 46.92 million, respectively. This project achieves MYR 31.45 million as NPV with a positive IRR of 14.25% and return on investment (ROI) of 22.06%. As a result, a profitable integrated process plant is established with future upscaling parameters and key cost drivers. The proposed integrated process plant minimizes waste generated from the palm oil mill, resulting in a profitable and sustainable plant.

No abstract

No abstract