A model for selection of a management team to ensure the sustainability and development of the business organizations

Gryshova, Inna; Petrova, Mariana; Tepavicharova, Milena; Diachenko, Aleksey Petrovich; Гуцул, Тетяна

doi:10.9770/jesi.2019.7.1(49)

Cited by 26 publications

(14 citation statements)

References 14 publications

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“…Nowadays, when the calls for a "new industrial revolution" are increasingly heard, the problem of the structure, rates of development and technological base of modern industrial production is even more topical [14]. Also using modern methods in business management that contribute to their market success [15,16]. Its resolution depends both on the "good will" of the Bulgarian governments and on the knowledge, skills and scale of the thinking of the Bulgarian industrial entrepreneurs.…”

Section: Resultsmentioning

confidence: 99%

The place of machine parts production in the restructuring Bulgarian industry

Deneva

2019

MATEC Web Conf.

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The end of the 20th century was quite stormy and left its mark in all fields of human existence. Moreover, it faced the human race with new challenges and trials. One of them is the wholly change in the economic system of society. The Bulgarian economy was also not pass of such changes. They were accompanied by large and painful transformations and turbulence. One of the most affected areas was industrial production. Its restructuring, the emergence and overcoming of various asymmetry continues to this day. At the present time, when we talk about the “new Industrial Revolution”, the digitization of the processes in the economy, when the world switched to Industry 4.0 the problem with the construction of a modern and competitive industrial sector is even more topical. An important part of this sector is the “machine parts production” industry. Over the years it also underwent a number of dips and transformations, but managed to maintain its position and lead role in the Bulgarian industry.

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Section: Resultsmentioning

confidence: 99%

The place of machine parts production in the restructuring Bulgarian industry

Deneva

2019

MATEC Web Conf.

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“…An analysis of the impact of structural changes on national economies is carried out in the works of Raiser, Schaffer and Schuchhardt (2003) [25], Thießen and Gregory (2005) [26], Kyzym and Milyutin (2017) [27], Gryshova et al (2019) [28].…”

Section: The Connection Between Structural Changes In the Economy (Inmentioning

confidence: 99%

“…It should be noted that analysis of the economic structure of different countries and its transformations in the context of the three main sectors is widely used in modern research (e.g., Teigeiro and Solis (2007) [31]; Alba (2010) [32]; Jiang (2011) [33]; Mao Yao (2012) [34]; Zdrazil, Kraftova and Mateja (2016) [35]). Also, a number of scientists study economic structure in the context of individual sectors and economic activities (e.g., Tanuwidjaja and Thangavelu (2007) [36]; Matsuyama (2009) [37]; Kokocinska and Puziak (2009) [38], Cho, Cho and Lee (2013) [39], Zdrazil, Kraftova and Mateja (2016) [35], Gryshova et al [40]).…”

Section: The Connection Between Structural Changes In the Economy (Inmentioning

confidence: 99%

Assessment of the Industrial Structure and its Influence on Sustainable Economic Development and Quality of Life of the Population of Different World Countries

et al. 2020

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The article proves that despite a significant growth in the service sector in recent years, industry remains the main engine of economic growth. Moreover, using the analysis of statistical data, it is shown that the development of industrial complexes of countries of the world is accompanied by corresponding structural changes, which in turn determines their economic development in general. The study aims to solve the following issues: which structure of the national industry can be considered progressive under modern conditions, i.e., can lead to progress and sustainable socio-economic growth; whether there is a correlation between the progressive structure of the country's industry and its economic development and the quality of life of its population; how the approach of the country's industrial structure to its progressive state influences the country's economic development and quality of life of its population. The purpose of the study is to justify or refute the hypothesis about influence of progressiveness of the industrial structure on sustainable economic development and quality of life of the population. The main methods used in the study are cluster analysis and integral assessment. The statistical basis of the study is the data on inter-branch balances for 36 countries of the world for 2009, 2011 and 2014. The results obtained in the study allowed confirming the hypothesis about the positive influence of approach of the industrial structure of countries of the world to its progressive state on the sustainable economic development and quality of life of their population. This conclusion can be considered as the basis for forming the state policy of the world's countries to develop their economies and improve the quality of life of their population.

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“…Generally, it is accepted that young managers, being more passionate, are risk-takers and prefer innovative business decisions. On the other hand, older managers seem to avoid risk, prefer stable business models and are reluctant to shift from traditional strategic choices [55][56][57][58].…”

Section: Manager's Age and Seomentioning

confidence: 99%

Manager’s Age, Sustainable Entrepreneurial Orientation and Sustainable Performance: A Conceptual Outlook

Ameer

Khan

2020

Sustainability

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Scholars have investigated the direct linkage between manager's age and sustainable corporate performance, however, the mixed results and conflicting findings on the nature of the relationship demand further explanation through the missing constructs. Therefore, the purpose of this paper is to examine the mediating role of sustainable entrepreneurial orientation in the manager's age and sustainable performance. This study develops a conceptual link by using a dynamic capabilities approach and upper echelon perspective, indicating that younger managers can adopt a more holistic approach towards sustainable practices which can enhance the environmental, social and economic performance of firms. This implies that the relationship between manager's age and sustainable performance can be explained through sustainable entrepreneurial orientation (SEO) which can play a key role in setting organizational direction towards sustainable development and achieving sustainable business performance. This study contributes to the literature by examining the role of SEO in the relationship between the manager's age and sustainable performance. This research will help practitioners recognize the importance of minimizing environmental and social problems generating due to organizational production activities. This will lead to profit generation as well as value creation for nature and the local community.

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A model for selection of a management team to ensure the sustainability and development of the business organizations

Cited by 26 publications

References 14 publications

The place of machine parts production in the restructuring Bulgarian industry

The place of machine parts production in the restructuring Bulgarian industry

Assessment of the Industrial Structure and its Influence on Sustainable Economic Development and Quality of Life of the Population of Different World Countries

Manager’s Age, Sustainable Entrepreneurial Orientation and Sustainable Performance: A Conceptual Outlook

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