Development Strategy of Palu Bay Marine of Sustainable Tourism with the A'WOT Hybrid Method

Sustainable development has become one of the strategic issues in the tourism industry. Sustainability is an action that combines environmental, sociocultural, and economic concepts. The tourism industry has had good benefits on economic and social growth. Still, if it is not adequately planned and managed, it can have harmful consequences on the environment. This research aims to present a sustainable development strategy for Palu Bay Marine Tourism following a natural disaster. The A'WOT hybrid method (AHP-SWOT) was used to achieve the research objectives. The A'WOT method is a combination of a SWOT analysis and the AHP method. This research was done on Palu Bay tourism, Central Sulawesi Province, Indonesia. This research resulted in a sustainable development strategy for Palu Bay tourism related to the diversity of products and improvement of event management, an improved image of Palu Bay tourism, improvement in the visitor management system to minimize environmental impacts, and efficient and effective promotion and branding. Received: 14 October 2021 / Accepted: 29 November 2021 / Published: 3 January 2022

Digital Transformation

The COVID-19 pandemic has intensified the digitization of traditional businesses. In the retail sector, e-commerce played a fundamental role and promoted major changes in the consumer pattern. This evolution and its impact can be studied through the digital transformation lens, which is a multidisciplinary and holistic concept that encompasses a new strategy and new ways of strategizing. The present study aims to describe the digital transformation strategy implementation path at a Brazilian pre-digital retail company and discusses the role the COVID-19 pandemic had played. Moreover, the case highlights important strategic issues and provides the opportunity to analyze whether it is a strategic process or a strategic practice. Thus, it can enlighten which theory best supports DTS studies. This study also increases the understanding of the strategic configuration of digital transformation embracing context, process, and outcomes. And it also sheds light on the dilemma between brick-and-mortar stores and digital ones.

Study of proposed activities in development of BUMD for regional development

There are still very few regulations governing the development of BUMD, even though the role of BUMD in regional development is very central. The role of BUMD is very strategic in the regional economy and development. One of these studies focuses on describing the function of BUMD in regional development. While the analytical methods used are APKL, USG, and Mc. Namara methods. In this study, the strategic issue in fostering the selected BUMDs is the lack of comprehensive governance of Regional Equity Participation (PMD) in BUMDs. Of the selected strategic issues, the solution is the preparation of Regional Regulations related to PMD governance. On this basis, five activities are proposed to support the realization of governance of regional capital participation, including the preparation of an academic draft study of regional regulations on the governance of regional equity participation in BUMD. From the results of the analysis, it is suggested that considering that BUMD belongs to the regional government and contains a high dose of politics, the PMD process requires a political approach in addition to a systematic technocratic approach.

Transformation of The Role and Functions of HR in The Conditions of New Economic Challenges

The article discusses the new roles and functions of HR specialists in the context of the formation of a new economic model. The first part of the article discusses the reasons for the change in the role and status of HR in the company and the emergence of new areas of work with personnel. Among the main reasons for HR transformation, the author highlights: the formation of a new model of the business environment – the transition from the VUCA-world to the BANI world; digitalization and active development of the gig economy, which caused the emergence of new forms of social and labor relations; changing the model of the organization itself – the spread of heterarchical structures and cross-functional teams, changing the paradigm of employee management – orientation towards the concept of human capital management. The second part of the article provides an overview of the new HR functions. HR transformation is associated with the expansion of the field of attention and sphere of influence of HR specialists. Currently, the focus of HR work is shifting to strategic issues, deep immersion in business, due to the liberation from routine. At the same time, the content of traditional HR functions is changing: new HR functions are becoming more focused and technologically advanced, new employee management tools and new positions are emerging (for example, HR-marketer, HR-Ambassador, HR-evangelist, happiness manager, HR-business-travel, specialist in managing remote work of employees, etc.). Currently, there is a «war for talents» all over the world, associated with attracting the most promising, highly qualified and unique employees. In these conditions, it is the personnel management system that becomes a competitive advantage.

Involvement in Renewable Energy in the Organization of the IR 4.0 Era Based on the Maturity of Socially Responsible Strategic Partnership with Customers—An Example of the Food Industry

The purpose of this study is to explain the determinants of the process of investing in renewable energy sources (RES) from the perspective of enterprises, with particular emphasis on the strength of their orientation on such strategic issues as sustainable development, orientation towards innovation, as well as the level of maturity of their partnership with the client. The research method was carried out on a sample of 157 industrial enterprises in the food industry. The research process was conducted with the consideration of making these decisions dependent on the strength of companies’ commitment to several strategic issues: sustainable development, innovation orientation, and the maturity of their partnership with the customer. The results of the data analysis collected during the quantitative research show a strong correlation between the level of openness of the organization of the IR 4.0 era to RES and (a) orientation towards sustainable development, (b) orientation towards intelligence, and (c) maturity of strategic partnering with customers.

INVOLVEMENT OF EMPLOYEES IN OPERATIONAL PLANNING OF MANUFACTURING ENTERPRISES: LATVIA EXPERIENCE

The main feature of teamwork is a common goal, and the involvement of employees is essential to its achievement. In a wider scope, it is understood not only by the involvement of employees in decision-making but also as the involvement of employees in operational planning and strategic issues. Research aim is to find out whether the involvement of employees in decision-making, goal setting and planning is inherent in manufacturing enterprises. According to a survey of 268 different level employees of 25 manufacturing enterprises in Latvia, it was found out that involvement of all employees in the decision-making process is not perceived by the enterprises` performance and strategic planning, and the involvement of employees in decision-making and goal setting can only be seen within the department. Keywords: decision-making, employee involvement, goal setting, operational planning, manufacturing enterprise, teamwork

China-Europe Strategic Issues

Today, a shakeup of forces and a great power competition have begun on the global geopolitical scene. This competition is mainly due to the rise of China, the deepening of globalization and the interdependence of countries, and violent movements that transcend borders, such as international terrorism. In particular, the increase in China's national power has led to a change in the world order that emerged after the Cold War, and geopolitics is once again taking a central role on the global agenda. The geopolitical focus on the Asia-Indo-Pacific Ocean complex has evolved into a geostrategic rivalry where China is seen as the main threat. This approach is reflected in the international security strategy. In addition, it also manifests itself in the practices of international organizations led by the West forces. We see the most important example of this in the European Union's view of China.

Blockchain technology design in accounting: Game changer to tackle fraud or technological fairy tale?

PurposeThis paper aims to design, build and evaluate a blockchain platform in the accounting domain, taking an ecosystem perspective. To achieve this aim, the research provides evidence for developing a decentralised architecture rooted on blockchain technology, designing a proof of concept and modelling an accounting blockchain-based system.Design/methodology/approachMoving from the analysis of previous literature and leveraging on the design science approach, this paper provides a framework grounded on the main pillars of blockchain and accounting functions, identifying technical and non-technical issues that must be addressed embrace blockchain technology's full potential.FindingsWe propose and discuss a conceptual framework for a blockchain-based accounting context, moving from the identification of a typical accounting scenario. The framework is organised around three scalable levels: the first level is a technological infrastructure based on a distributed database with peer-to-peer storage; second, in the intermediate level, increasing control levels are assured through permissions and validation and third, in the higher level, the system provides the integration of business and security applications. The deployment of this system relies on a private network of nodes that validates transactions.Practical implicationsThe proposed conceptual framework about blockchain development in accounting allows closing the knowledge gap between blockchain developers and accounting experts by suggesting technological and strategic issues for practitioners.Originality/valueWe provide practical guidelines to design and adopt blockchain in the accounting domain.

Workload Control and Order Dispatching Rules

The purpose of this study is to choose an order dispatching rule and measure the work-in-process and lead-time in the production process of a conveyor chain manufacturer. The main strategic issue for the manufacturer is dependability, which requires meeting deadlines and managing internal lead-times. The study integrates two techniques, workload control (WLC) and an analytical hierarchy process (AHP), respectively systems for production planning and control, and multi-criteria decision support, both widely used in handling manufacturing strategic issues. The research method is a field experiment. Supported by the AHP and according to strategic criteria, practitioners selected the early due date rule (the order with the closest due date comes first) to release 231 orders. Then, employing a methodology designed to support WLC applications, the study measured key parameters that provide information regarding the overall performance of the manufacturer, the input rate, work-in-process, lead-time, throughput performance, and the level of safety stock. Using the model and a graphical tool derived from queuing theory, the throughput diagram, the study provides evidence that, although the manufacturing process is satisfactorily balanced and achieves acceptable performance, the level of safety stock is small and should be increased to prevent starvation on the shop floor.