Abstract This study undertakes a review of the scientific literature on the role and impact of Intellectual Capital (IC) with all its components (human, structural and relational capital) on Virtual Team (VT) work. As already proven in the discipline research, IC as a summum of organizational knowledge resources plays a fundamental role in the knowledge economy in sustaining competitive advantage, innovation and performance. Despite an abundance of papers investigating VTs from both a theoretical and empirical perspective, a surprising discovery has been made during this research. The extent of work dedicated to analysing the relationships between IC and VTs is minimal, notwithstanding the unprecedented expansion of the use of VTs since the beginning of the Covid-19 pandemic. Following a first review of the extant literature regarding IC and VTs, a second literature review has been conducted for the benefit of revealing crucial aspects and the newest best practices in what concerns work in VTs. In doing so, the authors attempt to draw attention to the need for in-depth researches in the IC field, to catch up with the business, economic and societal most recent developments. Furthermore, this study aims to provide the practitioners with up-to-date, concise knowledge on the practical aspects relevant for the work in VTs.
{"title":"Leveraging Intellectual Capital Management in Virtual Teams: What the Covid-19 Pandemic Taught Us","authors":"Georgiana Cristea, E. Dinu","doi":"10.2478/mdke-2022-0008","DOIUrl":"https://doi.org/10.2478/mdke-2022-0008","url":null,"abstract":"Abstract This study undertakes a review of the scientific literature on the role and impact of Intellectual Capital (IC) with all its components (human, structural and relational capital) on Virtual Team (VT) work. As already proven in the discipline research, IC as a summum of organizational knowledge resources plays a fundamental role in the knowledge economy in sustaining competitive advantage, innovation and performance. Despite an abundance of papers investigating VTs from both a theoretical and empirical perspective, a surprising discovery has been made during this research. The extent of work dedicated to analysing the relationships between IC and VTs is minimal, notwithstanding the unprecedented expansion of the use of VTs since the beginning of the Covid-19 pandemic. Following a first review of the extant literature regarding IC and VTs, a second literature review has been conducted for the benefit of revealing crucial aspects and the newest best practices in what concerns work in VTs. In doing so, the authors attempt to draw attention to the need for in-depth researches in the IC field, to catch up with the business, economic and societal most recent developments. Furthermore, this study aims to provide the practitioners with up-to-date, concise knowledge on the practical aspects relevant for the work in VTs.","PeriodicalId":53295,"journal":{"name":"Management Dynamics in the Knowledge Economy","volume":"10 1","pages":"106 - 123"},"PeriodicalIF":0.0,"publicationDate":"2022-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46100777","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}
Abstract Understanding consumer behavior and clearly predicting its subsequent direction is a complex process. We can often see significant differences between how a consumer behaves in a given market and what his attitudes, needs, or expectations are. It is very important to place much more emphasis on the area of consumer behavior than on the individual, to meet his needs and wishes as much as possible. In the following article, we conducted a survey in the form of a questionnaire on an online platform with a sample of 500 respondents from the Slovak Republic. The foundation of our study was to examine whether the COVID-19 pandemic, which is still a topical issue and it is a significant impact on daily life, has changed the shopping behavior in the clothing industry with which they consciously purchase. We were also interested in the dependence between income and frequency of purchase. The methods used in the paper were based on a theoretical elaboration of the issue of consumer behavior and the clothing industry as the second-largest polluter of the environment after the oil industry, subsequent analysis and synthesis. Another statistical method that we used in the paper was the analysis of qualitative data from the questionnaire survey through the creation of contingency tables and determining the dependence, respectively, independence between individual variables. We consider this article to be a good basis for further research.
{"title":"The Impact of COVID-19 on Sustainability and Changing Consumer Behavior in the Textile Industry. Is it Significant?","authors":"Eva Nahalková Tesárová, A. Križanová","doi":"10.2478/mdke-2022-0007","DOIUrl":"https://doi.org/10.2478/mdke-2022-0007","url":null,"abstract":"Abstract Understanding consumer behavior and clearly predicting its subsequent direction is a complex process. We can often see significant differences between how a consumer behaves in a given market and what his attitudes, needs, or expectations are. It is very important to place much more emphasis on the area of consumer behavior than on the individual, to meet his needs and wishes as much as possible. In the following article, we conducted a survey in the form of a questionnaire on an online platform with a sample of 500 respondents from the Slovak Republic. The foundation of our study was to examine whether the COVID-19 pandemic, which is still a topical issue and it is a significant impact on daily life, has changed the shopping behavior in the clothing industry with which they consciously purchase. We were also interested in the dependence between income and frequency of purchase. The methods used in the paper were based on a theoretical elaboration of the issue of consumer behavior and the clothing industry as the second-largest polluter of the environment after the oil industry, subsequent analysis and synthesis. Another statistical method that we used in the paper was the analysis of qualitative data from the questionnaire survey through the creation of contingency tables and determining the dependence, respectively, independence between individual variables. We consider this article to be a good basis for further research.","PeriodicalId":53295,"journal":{"name":"Management Dynamics in the Knowledge Economy","volume":"10 1","pages":"95 - 105"},"PeriodicalIF":0.0,"publicationDate":"2022-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41582371","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}
Abstract Nowadays, many companies are aware of the fact that if they can meet the employees’ requests, provide them with sufficient information and quality working conditions, their work performance will be at a high level. As a result, employees can ultimately meet customer requests and the company can move forward. The issue of quality internal communication in companies is not just an issue of recent years. Many international companies are aware of this. However, the issue of internal communication still persists in smaller companies, which do not pay that much attention to it because they do not have enough funds or believe that they are not affected by this issue. This internal communication within the company must take place in both directions, which many companies forget. The observations and opinions of employees and their feedback on the actions of the company, individual managers etc. are also important. Companies should spend enough time just getting this connection from employees, which allows them to streamline individual processes and information gathering, but also the work skills of individual managers, who can increase their soft skills and help organizations work better. At present, which is marked by the COVID-19 pandemic, the need for quality internal communication is even more pronounced. The aim of this study is to analyse the company's internal marketing communication tools. The paper also targets to analyse corporate strategies, management styles, shared values of the company etc., through the analysis of McKinsey 7S selected global company, which operates not only in the Slovak Republic. The methods used for this study are McKinsey 7S analysis, deduction, synthesis, and comparison. Thanks to the McKinsey 7S analysis, the results showed that the company has a friendly climate with open communication and a socially oriented culture based on several shared values and management principles.
{"title":"Analysis of Internal Marketing Communication Tools of a Selected Company in Industry 4.0 Using McKinsey 7S Analysis","authors":"Jakub Michulek, A. Križanová","doi":"10.2478/mdke-2022-0011","DOIUrl":"https://doi.org/10.2478/mdke-2022-0011","url":null,"abstract":"Abstract Nowadays, many companies are aware of the fact that if they can meet the employees’ requests, provide them with sufficient information and quality working conditions, their work performance will be at a high level. As a result, employees can ultimately meet customer requests and the company can move forward. The issue of quality internal communication in companies is not just an issue of recent years. Many international companies are aware of this. However, the issue of internal communication still persists in smaller companies, which do not pay that much attention to it because they do not have enough funds or believe that they are not affected by this issue. This internal communication within the company must take place in both directions, which many companies forget. The observations and opinions of employees and their feedback on the actions of the company, individual managers etc. are also important. Companies should spend enough time just getting this connection from employees, which allows them to streamline individual processes and information gathering, but also the work skills of individual managers, who can increase their soft skills and help organizations work better. At present, which is marked by the COVID-19 pandemic, the need for quality internal communication is even more pronounced. The aim of this study is to analyse the company's internal marketing communication tools. The paper also targets to analyse corporate strategies, management styles, shared values of the company etc., through the analysis of McKinsey 7S selected global company, which operates not only in the Slovak Republic. The methods used for this study are McKinsey 7S analysis, deduction, synthesis, and comparison. Thanks to the McKinsey 7S analysis, the results showed that the company has a friendly climate with open communication and a socially oriented culture based on several shared values and management principles.","PeriodicalId":53295,"journal":{"name":"Management Dynamics in the Knowledge Economy","volume":"10 1","pages":"154 - 166"},"PeriodicalIF":0.0,"publicationDate":"2022-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43238567","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}
{"title":"WTO: A study of the pharmaceutical sector","authors":"Khushal Bhargava","doi":"10.57198/2583-4932.1229","DOIUrl":"https://doi.org/10.57198/2583-4932.1229","url":null,"abstract":"","PeriodicalId":53295,"journal":{"name":"Management Dynamics in the Knowledge Economy","volume":"181 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-05-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76770560","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}
{"title":"A study on the Internet as a Medium of Brand-Building","authors":"Tanmoy Dasgupta, Anindya Dutta","doi":"10.57198/2583-4932.1226","DOIUrl":"https://doi.org/10.57198/2583-4932.1226","url":null,"abstract":"","PeriodicalId":53295,"journal":{"name":"Management Dynamics in the Knowledge Economy","volume":"41 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-05-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72439573","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}
{"title":"Productivity performance of steel companies in India:A comparative study of Tata Iron & Steel company Ltd and Essar Steel Company Ltd","authors":"S. Vanitha, M. Babu, Dr.M.Panneer Selvam","doi":"10.57198/2583-4932.1227","DOIUrl":"https://doi.org/10.57198/2583-4932.1227","url":null,"abstract":"","PeriodicalId":53295,"journal":{"name":"Management Dynamics in the Knowledge Economy","volume":"46 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-05-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75116681","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}
Prof. Vinod Jain, Dr. A. K. Ramani, Dr. S. S. Bhakar
{"title":"E-Commerce Implementations: A Comparative Study if factors between various sectors of Indian Economy","authors":"Prof. Vinod Jain, Dr. A. K. Ramani, Dr. S. S. Bhakar","doi":"10.57198/2583-4932.1225","DOIUrl":"https://doi.org/10.57198/2583-4932.1225","url":null,"abstract":"","PeriodicalId":53295,"journal":{"name":"Management Dynamics in the Knowledge Economy","volume":"30 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-05-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82601181","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}
{"title":"Role of e-Commerce in Growth of Business in U.P.","authors":"R. Shukla","doi":"10.57198/2583-4932.1224","DOIUrl":"https://doi.org/10.57198/2583-4932.1224","url":null,"abstract":"","PeriodicalId":53295,"journal":{"name":"Management Dynamics in the Knowledge Economy","volume":"88 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-05-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78974684","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}
{"title":"A three-phased approach to stop frequent strikes by government PATRON employees in India and the durability of positive task performance reinforcers","authors":"J. Raj","doi":"10.57198/2583-4932.1221","DOIUrl":"https://doi.org/10.57198/2583-4932.1221","url":null,"abstract":"","PeriodicalId":53295,"journal":{"name":"Management Dynamics in the Knowledge Economy","volume":"162 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-05-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77543585","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}
{"title":"A Study of Women Entrepreneurship Development in Jalna District","authors":"Dr. M. A. Lokhande","doi":"10.57198/2583-4932.1228","DOIUrl":"https://doi.org/10.57198/2583-4932.1228","url":null,"abstract":"","PeriodicalId":53295,"journal":{"name":"Management Dynamics in the Knowledge Economy","volume":"27 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-05-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84538150","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}
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