Pub Date : 2024-05-18DOI: 10.24052/bmr/v15nu01/art-08
Michael Adelowotan
This paper explores the need for, and forms of regulatory framework and laws established to guide and control the growing number of individuals and firms investing and trading in crypto assets in South Africa. The step taken to regulate crypto assets was necessitated by the 2021 report of the Paris-based intergovernmental organisation referred to as the Financial Action Task Force (FATF) which revealed that there is apparent lack of crypto assets regulation in South Africa. In rising to this challenge, the South African regulatory authority known as the Financial Sector Conduct Authority (FSCA) in October 2022 indicated that crypto assets are digital representation of value and therefore could be categorised as financial product which are to be subjected to FSCA regulations with reference to Section 1(h) of the Financial Advisory and Intermediary Services Act (FAIS). The method adopted was to review the regulatory framework and laws governing crypto assets in South Africa. It was found that relevant regulatory framework and laws are needed to provide adequate protection for the investing public and to provide avenues for the sustainability and stability of the crypto assets business sector. The paper concludes that providing an efficient regulatory framework for crypto assets in South Africa will assist in limiting the risk of volatility and cyber-attacks to which individuals and firms trading and/or investing in crypto assets are exposed to. Moreover, an awareness of various regulatory controls and laws governing investments in crypto assets will ensure that individuals and firms in this sector tread in the path of caution.
{"title":"Exploring the development of regulatory framework for crypto assets in South Africa","authors":"Michael Adelowotan","doi":"10.24052/bmr/v15nu01/art-08","DOIUrl":"https://doi.org/10.24052/bmr/v15nu01/art-08","url":null,"abstract":"This paper explores the need for, and forms of regulatory framework and laws established to guide and control the growing number of individuals and firms investing and trading in crypto assets in South Africa. The step taken to regulate crypto assets was necessitated by the 2021 report of the Paris-based intergovernmental organisation referred to as the Financial Action Task Force (FATF) which revealed that there is apparent lack of crypto assets regulation in South Africa. In rising to this challenge, the South African regulatory authority known as the Financial Sector Conduct Authority (FSCA) in October 2022 indicated that crypto assets are digital representation of value and therefore could be categorised as financial product which are to be subjected to FSCA regulations with reference to Section 1(h) of the Financial Advisory and Intermediary Services Act (FAIS). The method adopted was to review the regulatory framework and laws governing crypto assets in South Africa. It was found that relevant regulatory framework and laws are needed to provide adequate protection for the investing public and to provide avenues for the sustainability and stability of the crypto assets business sector. The paper concludes that providing an efficient regulatory framework for crypto assets in South Africa will assist in limiting the risk of volatility and cyber-attacks to which individuals and firms trading and/or investing in crypto assets are exposed to. Moreover, an awareness of various regulatory controls and laws governing investments in crypto assets will ensure that individuals and firms in this sector tread in the path of caution.","PeriodicalId":323589,"journal":{"name":"The Business and Management Review","volume":"109 7","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141125669","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-05-18DOI: 10.24052/bmr/v15nu01/art-10
Vidhu Gaur
The importance of employee engagement and work happiness cannot be overstated in the context of organisational success, especially within the highly competitive Information Technology (IT) industry. This abstract presents a comprehensive study that examines the complex correlation between employee engagement and job satisfaction as well as the employee innovation and job satisfaction within the IT industry. The research utilises quantitative surveys and a standardised questionnaire to collect data from information technology workers across different job positions as well as the stages of expertise. The study evaluates the employee engagement influences, employee innovation, job satisfaction and identifies the reasons that impede all engagement, innovation and satisfaction levels. SPSS-22 is employed for doing descriptive analysis and regression analysis. The study's primary findings indicate a robust and favourable association between employee involvement and job satisfaction specifically within the IT industry. Employees are enthusiastically involved in their work have been found to experience higher levels of job satisfaction, enhanced productivity, and a stronger sense of dedication towards their respective organisations. The study additionally finds several factors that contribute to involvement within the IT business, including but not limited to possibilities for enhancing skills, acknowledgment of achievements, and the congruence between personal and organisational ideals. In contrast, the research emphasises the obstacles that could hinder the level of IT employee engagement and job satisfaction. These issues encompass an overwhelming workload, an absence of equilibrium between work and personal life, and a scarcity of prospects for career progression. This link is further examined by considering factors such as leadership quality and communication within organisations, which are seen as influential variables. The research highlights the importance of cultivating employee engagement and employee innovation as a strategic necessity for IT organisations aiming to augment job satisfaction, retain exceptional personnel, and attain sustained success. This publication offers pragmatic insights and suggestions for human resources professionals and organisational leaders to enhance levels of engagement, foster job happiness, and ultimately optimise the performance and well-being of information technology personnel. In summary, this research provides significant contributions to investigate the composite relationship between employee engagement as well as employee innovation on work satisfaction within the information technology industry. This statement underscores the belief that organisations functioning within this industry consider a motivated and engaged staff to be a crucial asset. Furthermore, it suggests that endeavours aimed at improving employee engagement can significantly influence job satisfaction, organisational performance, and empl
员工敬业度和工作幸福感对于组织成功的重要性怎么强调都不为过,尤其是在竞争激烈的信息技术(IT)行业。本摘要介绍了一项综合研究,探讨了 IT 行业中员工敬业度与工作满意度以及员工创新与工作满意度之间的复杂关联。研究利用定量调查和标准化问卷,从不同工作岗位和专业阶段的信息技术工作者那里收集数据。研究评估了员工敬业度的影响因素、员工创新度和工作满意度,并找出了阻碍所有敬业度、创新度和满意度水平的原因。研究采用 SPSS-22 进行描述性分析和回归分析。研究的主要结果表明,特别是在 IT 行业,员工参与度与工作满意度之间存在着稳固而有利的联系。研究发现,热心参与工作的员工会体验到更高的工作满意度、更高的生产率以及对各自组织更强烈的奉献精神。此外,研究还发现了一些有助于参与 IT 行业的因素,包括但不限于提高技能的可能性、对成就的认可以及个人与组织理想之间的一致性。与此相反,研究强调了可能阻碍 IT 员工参与度和工作满意度的障碍。这些问题包括繁重的工作量、工作与个人生活之间缺乏平衡以及职业发展前景黯淡。通过考虑组织内的领导素质和沟通等被视为影响变量的因素,对这种联系进行了进一步研究。研究强调了培养员工敬业度和员工创新能力的重要性,这对旨在提高工作满意度、留住优秀人才并获得持续成功的 IT 企业来说是一项战略需要。本出版物为人力资源专业人员和组织领导者提供了务实的见解和建议,以提高员工敬业度、促进工作幸福感,并最终优化信息技术人员的绩效和福利。总之,本研究为调查信息技术行业中员工敬业度和员工创新度与工作满意度之间的综合关系做出了重要贡献。这一论述强调了这样一种信念,即在该行业内工作的组织认为积极主动的员工是至关重要的资产。此外,它还表明,旨在提高员工敬业度的努力会极大地影响工作满意度、组织绩效和员工保留率。
{"title":"Advancing Work-Life Equilibrium through Employee Engagement and Innovation","authors":"Vidhu Gaur","doi":"10.24052/bmr/v15nu01/art-10","DOIUrl":"https://doi.org/10.24052/bmr/v15nu01/art-10","url":null,"abstract":"The importance of employee engagement and work happiness cannot be overstated in the context of organisational success, especially within the highly competitive Information Technology (IT) industry. This abstract presents a comprehensive study that examines the complex correlation between employee engagement and job satisfaction as well as the employee innovation and job satisfaction within the IT industry. The research utilises quantitative surveys and a standardised questionnaire to collect data from information technology workers across different job positions as well as the stages of expertise. The study evaluates the employee engagement influences, employee innovation, job satisfaction and identifies the reasons that impede all engagement, innovation and satisfaction levels. SPSS-22 is employed for doing descriptive analysis and regression analysis. The study's primary findings indicate a robust and favourable association between employee involvement and job satisfaction specifically within the IT industry. Employees are enthusiastically involved in their work have been found to experience higher levels of job satisfaction, enhanced productivity, and a stronger sense of dedication towards their respective organisations. The study additionally finds several factors that contribute to involvement within the IT business, including but not limited to possibilities for enhancing skills, acknowledgment of achievements, and the congruence between personal and organisational ideals. In contrast, the research emphasises the obstacles that could hinder the level of IT employee engagement and job satisfaction. These issues encompass an overwhelming workload, an absence of equilibrium between work and personal life, and a scarcity of prospects for career progression. This link is further examined by considering factors such as leadership quality and communication within organisations, which are seen as influential variables. The research highlights the importance of cultivating employee engagement and employee innovation as a strategic necessity for IT organisations aiming to augment job satisfaction, retain exceptional personnel, and attain sustained success. This publication offers pragmatic insights and suggestions for human resources professionals and organisational leaders to enhance levels of engagement, foster job happiness, and ultimately optimise the performance and well-being of information technology personnel. In summary, this research provides significant contributions to investigate the composite relationship between employee engagement as well as employee innovation on work satisfaction within the information technology industry. This statement underscores the belief that organisations functioning within this industry consider a motivated and engaged staff to be a crucial asset. Furthermore, it suggests that endeavours aimed at improving employee engagement can significantly influence job satisfaction, organisational performance, and empl","PeriodicalId":323589,"journal":{"name":"The Business and Management Review","volume":"114 50","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141125551","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-05-18DOI: 10.24052/bmr/v15nu01/art-13
Rahma Lahyani, Aljuharah Alhammad, Sarah Alyahya
This research studies the adoption of business analytics tools to improve business performance and operational efficiency in Saudi Arabia. The sample size considered includes 50 companies of different sizes and operating in different business sectors (consulting, manufacturing, food and beverages, retail, etc). The regression analysis confirms the positive correlation between the use of business analytics tools and enhancing business performance in the Saudi market. This finding supports the pervasive spread of business analytics in the business sector.
{"title":"Using business analytics tools to boost Saudi business performance","authors":"Rahma Lahyani, Aljuharah Alhammad, Sarah Alyahya","doi":"10.24052/bmr/v15nu01/art-13","DOIUrl":"https://doi.org/10.24052/bmr/v15nu01/art-13","url":null,"abstract":"This research studies the adoption of business analytics tools to improve business performance and operational efficiency in Saudi Arabia. The sample size considered includes 50 companies of different sizes and operating in different business sectors (consulting, manufacturing, food and beverages, retail, etc). The regression analysis confirms the positive correlation between the use of business analytics tools and enhancing business performance in the Saudi market. This finding supports the pervasive spread of business analytics in the business sector.","PeriodicalId":323589,"journal":{"name":"The Business and Management Review","volume":"110 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141125536","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-05-18DOI: 10.24052/bmr/v15nu01/art-14
Iris Billy, Hannah Anush
Technology and innovation have impacted all industries and education is not exempt from this change. Organizations in different industries are constantly re-inventing their competencies and capabilities based on the technological upgrades that are being introduced into the markets; however, the change in education has not seen a drastic shift as it should. The current generation of scholars are exposed to technology from an early age (Manchanda, & Arora, 2023) and are equipped with tech-savvy devices that they are capable of using efficiently; can education leverage this skill in students to impart knowledge and improve their capabilities. This study aims to understand the gap in digitalization of education and propose various mediums and methods to adapt curriculum to engage students. Recent literature will also be reviewed as part of the study to gather evidence regarding empirical studies that have identified the need for technological adaptations, the benefits derived, and process followed to accomplish the same. There are a multitude of factors that must be considered to transform the education system through digitalization; as it certainly is not a simple process; the need to implement technology, students’ expectations, alignment between course content and technology, instructors’ ability to adapt to the change are some key factors that will impact this digital evolution in education. A vital purpose for conducting the study is also to evaluate the need for the suggested changes in education as current students are the future workforce who must be aware of technology, as it makes them employable in organizations; a digitally enables study environment trains students to utilize their technological skills so they can be transferred to organizations when they graduate and seek job opportunities (Murniarti, Simbolon, Purwoko, Fatmawati, & Hariyanto, 2023).
{"title":"The Digital Evolution- need to adapt education for a Tech-Savvy Generation","authors":"Iris Billy, Hannah Anush","doi":"10.24052/bmr/v15nu01/art-14","DOIUrl":"https://doi.org/10.24052/bmr/v15nu01/art-14","url":null,"abstract":"Technology and innovation have impacted all industries and education is not exempt from this change. Organizations in different industries are constantly re-inventing their competencies and capabilities based on the technological upgrades that are being introduced into the markets; however, the change in education has not seen a drastic shift as it should. The current generation of scholars are exposed to technology from an early age (Manchanda, & Arora, 2023) and are equipped with tech-savvy devices that they are capable of using efficiently; can education leverage this skill in students to impart knowledge and improve their capabilities. This study aims to understand the gap in digitalization of education and propose various mediums and methods to adapt curriculum to engage students. Recent literature will also be reviewed as part of the study to gather evidence regarding empirical studies that have identified the need for technological adaptations, the benefits derived, and process followed to accomplish the same. There are a multitude of factors that must be considered to transform the education system through digitalization; as it certainly is not a simple process; the need to implement technology, students’ expectations, alignment between course content and technology, instructors’ ability to adapt to the change are some key factors that will impact this digital evolution in education. A vital purpose for conducting the study is also to evaluate the need for the suggested changes in education as current students are the future workforce who must be aware of technology, as it makes them employable in organizations; a digitally enables study environment trains students to utilize their technological skills so they can be transferred to organizations when they graduate and seek job opportunities (Murniarti, Simbolon, Purwoko, Fatmawati, & Hariyanto, 2023).","PeriodicalId":323589,"journal":{"name":"The Business and Management Review","volume":"103 51","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141124899","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-05-18DOI: 10.24052/bmr/v15nu01/art-09
Kripalini Saginala, Flomny Menon
The study aims to find how much cost effectiveness is achieved when e-commerce supply chain operations use automation and AI technologies. therefore,ing technology of AI and its models have essentially proved to be impactful in making data driven decisions by the organisations gaining leverage in productivity and profit sustainability in a way that the companies achieve competitive advantage therefore creating sustainable value propositions from business and economics perspective. Aim/Purpose The aim of the paper is to explore the positive relationship between AI technologies and productivity levels in the e-commerce supply chain sector through achieving cost effectiveness and economic growth. Methodology/Approach The study focussed on reviewing literature on how Artificial Intelligence driven technology can optimise various supply chain functions within e-commerce sector. Solow-Swan growth model has been applied to investigate the value AI creates in utilising capital, labour input to achieve output growth. Positivist approach that allowed for objective observation and independent conclusions has been adopted. For primary data, quantitative methodology is used through survey questionnaires to gather data from a sample of 206 employees, managers, data analysts in e-commerce supply chain sectors. Findings The findings from the secondary sources inform that the use of AI and automation in the e-commerce industry leads to a high rate of productivity in terms of reducing costs and promoting economic growth. The primary research methods, through survey questionnaires collects real-time data that helps achieve quantifiable and measurable values to conclude that AI-led technology can increase productivity and competitive advantage as it saves cost while increasing productivity and overall economic input. Descriptive statistics of measures of central tendency were used to present findings in simpler, presentable way followed by interpretations of the data in percentages. Practical implications Managers and decision-making directorial board members have important lessons to learn from these findings as the quantifiable values may give them an insight into how much capital investment should be allocated for AI technologies and how predictive analytics and data analysis can accelerate their service towards becoming customer centric. Significant strategic planning and implementation of resource management can lead to higher rates of productivity profitability and eventually higher economic growth.
{"title":"The impact of Artificial Intelligence on E-commerce supply chain sector in achieving cost efficiency and economic growth: A business and economics perspective","authors":"Kripalini Saginala, Flomny Menon","doi":"10.24052/bmr/v15nu01/art-09","DOIUrl":"https://doi.org/10.24052/bmr/v15nu01/art-09","url":null,"abstract":"The study aims to find how much cost effectiveness is achieved when e-commerce supply chain operations use automation and AI technologies. therefore,ing technology of AI and its models have essentially proved to be impactful in making data driven decisions by the organisations gaining leverage in productivity and profit sustainability in a way that the companies achieve competitive advantage therefore creating sustainable value propositions from business and economics perspective. Aim/Purpose The aim of the paper is to explore the positive relationship between AI technologies and productivity levels in the e-commerce supply chain sector through achieving cost effectiveness and economic growth. Methodology/Approach The study focussed on reviewing literature on how Artificial Intelligence driven technology can optimise various supply chain functions within e-commerce sector. Solow-Swan growth model has been applied to investigate the value AI creates in utilising capital, labour input to achieve output growth. Positivist approach that allowed for objective observation and independent conclusions has been adopted. For primary data, quantitative methodology is used through survey questionnaires to gather data from a sample of 206 employees, managers, data analysts in e-commerce supply chain sectors. Findings The findings from the secondary sources inform that the use of AI and automation in the e-commerce industry leads to a high rate of productivity in terms of reducing costs and promoting economic growth. The primary research methods, through survey questionnaires collects real-time data that helps achieve quantifiable and measurable values to conclude that AI-led technology can increase productivity and competitive advantage as it saves cost while increasing productivity and overall economic input. Descriptive statistics of measures of central tendency were used to present findings in simpler, presentable way followed by interpretations of the data in percentages. Practical implications Managers and decision-making directorial board members have important lessons to learn from these findings as the quantifiable values may give them an insight into how much capital investment should be allocated for AI technologies and how predictive analytics and data analysis can accelerate their service towards becoming customer centric. Significant strategic planning and implementation of resource management can lead to higher rates of productivity profitability and eventually higher economic growth.","PeriodicalId":323589,"journal":{"name":"The Business and Management Review","volume":"120 48","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141125182","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-05-18DOI: 10.24052/bmr/v15nu01/art-01
Siphat Lim
The findings obtained through the ARDL approach to cointegration indicate that real income, consumer price index, and interest rate are cointegrated with real money demand. In terms of the estimated results derived from the long-run model, it is observed that real income has a statistically significant positive impact on real money demand, while the general price level and interest rate have a negative impact. The short-run dynamic model, known as the error correction model, demonstrates that all explanatory variables collectively account for the growth rate of real money balances. In the short-run, the growth rate of real income exhibits a positive relationship with the demand for real money, whereas the inflation rate and changes in interest rate have a significant negative effect on the demand for real money balances. The estimated slope coefficient of the short-run dynamic model, which measures the speed of adjustment, is projected to be 60.67%. This outcome suggests that the real money balance model takes no more than two quarters to adjust towards long-run equilibrium in response to short-run dynamic shocks. Stability tests, such as the CUSUM and CUSUMSQ tests, indicate that the real money demand function in Cambodia remains stable in the long-term. The findings derived from this study provide empirical evidence in favor of the quantity theory of money.
{"title":"Measuring real money demand in Cambodia: an ARDL approach to cointegration","authors":"Siphat Lim","doi":"10.24052/bmr/v15nu01/art-01","DOIUrl":"https://doi.org/10.24052/bmr/v15nu01/art-01","url":null,"abstract":"The findings obtained through the ARDL approach to cointegration indicate that real income, consumer price index, and interest rate are cointegrated with real money demand. In terms of the estimated results derived from the long-run model, it is observed that real income has a statistically significant positive impact on real money demand, while the general price level and interest rate have a negative impact. The short-run dynamic model, known as the error correction model, demonstrates that all explanatory variables collectively account for the growth rate of real money balances. In the short-run, the growth rate of real income exhibits a positive relationship with the demand for real money, whereas the inflation rate and changes in interest rate have a significant negative effect on the demand for real money balances. The estimated slope coefficient of the short-run dynamic model, which measures the speed of adjustment, is projected to be 60.67%. This outcome suggests that the real money balance model takes no more than two quarters to adjust towards long-run equilibrium in response to short-run dynamic shocks. Stability tests, such as the CUSUM and CUSUMSQ tests, indicate that the real money demand function in Cambodia remains stable in the long-term. The findings derived from this study provide empirical evidence in favor of the quantity theory of money.","PeriodicalId":323589,"journal":{"name":"The Business and Management Review","volume":"111 42","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141125906","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-05-18DOI: 10.24052/bmr/v15nu01/art-12
Thobekani Lose and Luthando Jack
Just like in industries, university and other higher educational institutions are facing novel working contexts arising from their present technological transitions. As a result, known factors that influence organisational success require new assessments to establish how they have been affected by the disruptions. The objectives of this study were to: (1) explore the satisfaction of academics with leadership, creativity, innovation and organisational performance at university 5.0 work environments (2) assess the relationship between transformational leadership and organisational performance within the university 5.0 context and (3) assess the relationship between innovation and organisational performance within the university 5.0 context. To attain the stated objectives, 200 academics from a university that is a leader in the adoption of education 5.0 transitions completed a questionnaire and the data was analysed. The study found that the academics were satisfied with the leadership, creativity, innovation and organisational performance associated with the university 5.0 contexts. It appears that the adoption of university 5.0 practices was favourable for creativity, innovation and performance. Future studies may have to follow comparative designs that factor in the relevance of sector specific mediators in the realisation of innovativeness, creativity and productivity of university 5.0.
{"title":"Satisfaction of academics with leadership, creativity, innovation and organisational performance at a university 5.0 work environment","authors":"Thobekani Lose and Luthando Jack","doi":"10.24052/bmr/v15nu01/art-12","DOIUrl":"https://doi.org/10.24052/bmr/v15nu01/art-12","url":null,"abstract":"Just like in industries, university and other higher educational institutions are facing novel working contexts arising from their present technological transitions. As a result, known factors that influence organisational success require new assessments to establish how they have been affected by the disruptions. The objectives of this study were to: (1) explore the satisfaction of academics with leadership, creativity, innovation and organisational performance at university 5.0 work environments (2) assess the relationship between transformational leadership and organisational performance within the university 5.0 context and (3) assess the relationship between innovation and organisational performance within the university 5.0 context. To attain the stated objectives, 200 academics from a university that is a leader in the adoption of education 5.0 transitions completed a questionnaire and the data was analysed. The study found that the academics were satisfied with the leadership, creativity, innovation and organisational performance associated with the university 5.0 contexts. It appears that the adoption of university 5.0 practices was favourable for creativity, innovation and performance. Future studies may have to follow comparative designs that factor in the relevance of sector specific mediators in the realisation of innovativeness, creativity and productivity of university 5.0.","PeriodicalId":323589,"journal":{"name":"The Business and Management Review","volume":"119 41","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141125325","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-05-18DOI: 10.24052/bmr/v15nu01/art-02
Tahira Nazir, Amjad Iqbal
Employee innovative behaviour is widely emphasized as a critical driver of organizational innovation. Drawing on social information processing theory, this research proposes that by exhibiting servant leadership style, organizational managers can stimulate employee innovative behaviour directly and through the mechanism of support for innovation. This study also anticipates that the role of of employees’ creative self-efficacy in strengthening the influence of support for innovation on innovative behaviour. To test the proposed relationships, data is collected from 338 IT professionals working in twelve large-sized IT-based service organizations of Pakistan. The results surfaced from PLS-SEM analysis indicate strong support for direct and positive linkage between servant leadership and innovative behaviour and significant role of support for innovation in mediating this relationship. However, the accentuating role of creative self-effecacy is not supported. This study extends existing knowledge concerning the nexus between servant leadership and innovation by examining the mechanism of support for innivation by which servant leadership can augment employee innovative behaviour. Findings of this research entails vital implications for service organizations striving for superior innovation performance. Furthermore, some contradictory findings of this research call for further empirical investigation for more finegrained managerial implications.
员工的创新行为被广泛强调为组织创新的关键驱动力。本研究借鉴社会信息处理理论,提出组织管理者通过展现仆人式领导风格,可以直接或通过创新支持机制激发员工的创新行为。本研究还预计,员工的创新自我效能感会加强创新支持对创新行为的影响。为了验证所提出的关系,本研究收集了巴基斯坦 12 家大型 IT 服务机构中 338 名 IT 专业人员的数据。PLS-SEM 分析的结果表明,仆人式领导与创新行为之间的直接正向联系得到了强有力的支持,而创新支持在这种关系中起到了重要的中介作用。然而,创造性自我效能的突出作用没有得到支持。本研究通过考察仆人式领导能够增强员工创新行为的创新支持机制,扩展了有关仆人式领导与创新之间关系的现有知识。本研究的结果对努力实现卓越创新绩效的服务型组织具有重要意义。此外,本研究中一些相互矛盾的结论也需要进一步的实证调查,以获得更精细的管理启示。
{"title":"Servant leadership and employee innovative behaviour: Unpacking the role of support for innovation and creative self-efficacy in knowledge intensive service context","authors":"Tahira Nazir, Amjad Iqbal","doi":"10.24052/bmr/v15nu01/art-02","DOIUrl":"https://doi.org/10.24052/bmr/v15nu01/art-02","url":null,"abstract":"Employee innovative behaviour is widely emphasized as a critical driver of organizational innovation. Drawing on social information processing theory, this research proposes that by exhibiting servant leadership style, organizational managers can stimulate employee innovative behaviour directly and through the mechanism of support for innovation. This study also anticipates that the role of of employees’ creative self-efficacy in strengthening the influence of support for innovation on innovative behaviour. To test the proposed relationships, data is collected from 338 IT professionals working in twelve large-sized IT-based service organizations of Pakistan. The results surfaced from PLS-SEM analysis indicate strong support for direct and positive linkage between servant leadership and innovative behaviour and significant role of support for innovation in mediating this relationship. However, the accentuating role of creative self-effecacy is not supported. This study extends existing knowledge concerning the nexus between servant leadership and innovation by examining the mechanism of support for innivation by which servant leadership can augment employee innovative behaviour. Findings of this research entails vital implications for service organizations striving for superior innovation performance. Furthermore, some contradictory findings of this research call for further empirical investigation for more finegrained managerial implications.","PeriodicalId":323589,"journal":{"name":"The Business and Management Review","volume":"121 13","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141125291","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-05-18DOI: 10.24052/bmr/v15nu01/art-07
Khampepe Khitsane, S. Nabee, H. Makan
Modern supply chains demand adaptability driven by the globalization of production and markets, the fourth industrial revolution (4IR) and recent events such as the unexpected closure of the Suez Canal, the Russia-Ukraine war, and the Covid-19 pandemic. Investing in digital supply chain technologies boosts end-to-end visibility, mitigates risk, and improves the resilience of supply chains. Many disruptive technologies are currently changing the business landscape in Africa. However, Africa has traditionally been an adopter rather than a pioneer of technologies for business development. Although there has been an increase in the use of blockchain technology in various industries, there is still a challenge of understanding how the technology can be applied in the South African rail supply chain context. Thus, it is crucial to investigate how managers perceive the technology and how this understanding affects the decision to use the technology in the rail freight Container Corridor. A gap exists between the understanding, organizational support and benefits of the technology and its application within the corridor. A case study approach was utilized to collect primary data obtained through a structured self-administered survey questionnaire. The main findings of the study were that the understanding of blockchain influenced managers perceptions and willingness to adopt the technology. While the railway operator was committed to implementing blockchain, other operational constraints and inefficiencies still present on the corridor were impediments to further investigation. Furthermore, potential benefits and challenges, costs and resources required as well as the impact on current operations and workings were highlighted by management as important decision-making factors. The study provides valuable insights into disruptive technologies applications within the transport supply chains. It substantiates the significance of how managers view blockchain as a technology to address various challenges as well as enhance operations within the South African freight rail sector.
{"title":"Managerial approaches to blockchain technology adoption in the rail freight sector: An emerging market perspective","authors":"Khampepe Khitsane, S. Nabee, H. Makan","doi":"10.24052/bmr/v15nu01/art-07","DOIUrl":"https://doi.org/10.24052/bmr/v15nu01/art-07","url":null,"abstract":"Modern supply chains demand adaptability driven by the globalization of production and markets, the fourth industrial revolution (4IR) and recent events such as the unexpected closure of the Suez Canal, the Russia-Ukraine war, and the Covid-19 pandemic. Investing in digital supply chain technologies boosts end-to-end visibility, mitigates risk, and improves the resilience of supply chains. Many disruptive technologies are currently changing the business landscape in Africa. However, Africa has traditionally been an adopter rather than a pioneer of technologies for business development. Although there has been an increase in the use of blockchain technology in various industries, there is still a challenge of understanding how the technology can be applied in the South African rail supply chain context. Thus, it is crucial to investigate how managers perceive the technology and how this understanding affects the decision to use the technology in the rail freight Container Corridor. A gap exists between the understanding, organizational support and benefits of the technology and its application within the corridor. A case study approach was utilized to collect primary data obtained through a structured self-administered survey questionnaire. The main findings of the study were that the understanding of blockchain influenced managers perceptions and willingness to adopt the technology. While the railway operator was committed to implementing blockchain, other operational constraints and inefficiencies still present on the corridor were impediments to further investigation. Furthermore, potential benefits and challenges, costs and resources required as well as the impact on current operations and workings were highlighted by management as important decision-making factors. The study provides valuable insights into disruptive technologies applications within the transport supply chains. It substantiates the significance of how managers view blockchain as a technology to address various challenges as well as enhance operations within the South African freight rail sector.","PeriodicalId":323589,"journal":{"name":"The Business and Management Review","volume":"110 23","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141125804","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-05-18DOI: 10.24052/bmr/v15nu01/art-03
A. Ayandibu, Elizabeth Oluwakemi Ayandibu
This study examines the financial literacy strategies employed by small businesses operating within the Umhlathuze Municipality in South Africa with a particular focus on their utilization of Information Technology (IT). Small firms are of great importance in promoting economic development within a dynamic business environment. Their capacity to efficiently handle financial resources is crucial for their long-term viability and achievement. Quantitative data was collected from a sample of 385 small business participants, representing a diverse range of industries and sectors within Umhlathuze Municipality. Also, qualitative data was collected from 13 IT and Finance specialists. The objective of this research endeavour was to evaluate the degree to which financial literacy programmes for small businesses integrate information technology. The findings of this study reveal key insights into the financial literacy practices of small businesses within Umhlathuze Municipality. As indicated by the research findings, the function of information technology in promoting financial literacy is growing in significance. Hence, numerous organisations have embraced diverse IT tools, including accounting software, online banking, and financial management applications, to augment their financial literacy efforts. Furthermore, the study's findings highlight how the use of IT improved these institutions' financial management practises, resulting in greater decision-making capacities and a more solid financial position. Notwithstanding these circumstances, there were nevertheless discernible obstacles pertaining to the adoption of information technology and financial literacy, including restricted availability of technology in some regions, deficiencies in expertise among employers and workers, and apprehensions about the security of data. These challenges underscore the need for tailored support and training programs to empower small businesses in leveraging IT for financial literacy effectively. This research sheds light on the evolving landscape of financial literacy strategies among small businesses in Umhlathuze Municipality, emphasizing the role of Information Technology. This study provides valuable insights to policymakers, business support organizations, and stakeholders interested in enhancing small business financial literacy and resilience. Ultimately, fostering greater IT integration and promoting financial literacy can contribute to the long-term success and sustainability of small businesses, ultimately driving economic growth in Umhlathuze Municipality.
{"title":"Assessing the financial literacy strategy of small businesses utilizing information technology within Umhlathuze Municipality","authors":"A. Ayandibu, Elizabeth Oluwakemi Ayandibu","doi":"10.24052/bmr/v15nu01/art-03","DOIUrl":"https://doi.org/10.24052/bmr/v15nu01/art-03","url":null,"abstract":"This study examines the financial literacy strategies employed by small businesses operating within the Umhlathuze Municipality in South Africa with a particular focus on their utilization of Information Technology (IT). Small firms are of great importance in promoting economic development within a dynamic business environment. Their capacity to efficiently handle financial resources is crucial for their long-term viability and achievement. Quantitative data was collected from a sample of 385 small business participants, representing a diverse range of industries and sectors within Umhlathuze Municipality. Also, qualitative data was collected from 13 IT and Finance specialists. The objective of this research endeavour was to evaluate the degree to which financial literacy programmes for small businesses integrate information technology. The findings of this study reveal key insights into the financial literacy practices of small businesses within Umhlathuze Municipality. As indicated by the research findings, the function of information technology in promoting financial literacy is growing in significance. Hence, numerous organisations have embraced diverse IT tools, including accounting software, online banking, and financial management applications, to augment their financial literacy efforts. Furthermore, the study's findings highlight how the use of IT improved these institutions' financial management practises, resulting in greater decision-making capacities and a more solid financial position. Notwithstanding these circumstances, there were nevertheless discernible obstacles pertaining to the adoption of information technology and financial literacy, including restricted availability of technology in some regions, deficiencies in expertise among employers and workers, and apprehensions about the security of data. These challenges underscore the need for tailored support and training programs to empower small businesses in leveraging IT for financial literacy effectively. This research sheds light on the evolving landscape of financial literacy strategies among small businesses in Umhlathuze Municipality, emphasizing the role of Information Technology. This study provides valuable insights to policymakers, business support organizations, and stakeholders interested in enhancing small business financial literacy and resilience. Ultimately, fostering greater IT integration and promoting financial literacy can contribute to the long-term success and sustainability of small businesses, ultimately driving economic growth in Umhlathuze Municipality.","PeriodicalId":323589,"journal":{"name":"The Business and Management Review","volume":"116 36","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141125120","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}