Virtual organization: specifics of creation of personnel management system

Merkevičius, Juozas; Davidavičienė, Vida; Raudeliūnienė, Jurgita; Buleca, J.

doi:10.15240/tul/001/2015-4-014

Cited by 23 publications

(15 citation statements)

References 26 publications

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“…Managers responsible for HR management need to meet the requirements of companies, so that qualifications, gender and age of employees can be in balance with the labor market supply that is substantially influenced by the demographic development (Megyesiová & Hajduová, 2012). Due to the abovementioned dynamics, managing companies is not a simple process aided by information system for management that is, according to Merkevičius et al(2015), an inevitable condition for effective work with human resources.…”

Section: Literature Review and Context Of The Researchmentioning

confidence: 99%

Effect of motivational tools on employee satisfaction in small and medium enterprises

Vlacsekova

Mura

2017

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Research background: This paper begins by defining the small and medium-sized enterprises and their background in Slovakia. It explores the roles of SMEs in the economic development. Furthermore, the background of the paper analyzes motivational tools in practice. Purpose of the article: The purpose of the paper is to provide a better understanding of the employee motivation issues in small and medium-sized Slovak enterprises; an examination of the motivational tools that influences the levels of satisfaction of employees of SMEs. Methods: This research was conducted with members of small and medium enterprises in Slovakia. A personal information form and the motivation factors questionnaire form were used as data collection tools. The ending contains the results of the research and conclusions. The Pearson-correlation and the Asymptotic Significance (2-sided) were used as statistical methods. Findings and Value added: The findings show that motivation is very individual and managers have a hard task by motivating their employees. Employees are more motivated by intrinsic factors rather than extrinsic, but none of the two can be overlooked by the managers.

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Section: Literature Review and Context Of The Researchmentioning

confidence: 99%

Effect of motivational tools on employee satisfaction in small and medium enterprises

Vlacsekova

Mura

2017

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“…Relevance of using cointegration in portfolio management was supported also by Thomaidis (2013), and Lam, Jamaan (2013), and their part in the personnel managemenet were mentioned by Merkevičius et al (2015). Thomaidis (2013) extended long-short strategy based on conintegration and his portfolios outperformed benchmarks.…”

Section: Introductionmentioning

confidence: 84%

Some ideas for improving quality of the index tracking based on cointegration

Pastor

Sabol

Glova

2016

Business: Theory and Practice

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Cointegration approach to the passive portfolio management enables to replicate the selected stock index and to construct a portfolio with profitability and risk similar to market. This paper analyzes several options for improving this method. It focuses on one of the key tasks, which is an estimate of long-run equilibrium relationship. Five different methods were proposed and compared. The results confirmed the relevance of using the Engle-Granger methodology in all previous surveys, but it also suggested some interesting properties related to the estimate of regression coefficients based on different variants of the Minkowski metric or to estimate regression equation without intercept. KeywordsCointegration cointegrating vector long-run equilibrium relationship Minkowski metric Engle-Granger methodology Johansen's cointegration method JEL Classification G11

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“…The Application of Digitalization in Enterprises on the Basis of Multiple Criteria Selection Design due to the newly introduced digitalization practices is an important issue (Borysyak, 2018), also emphasized by Merkevicius et al (2015). When studying virtual organiza tion as a form of collaboration of combined work resources from different geographical places for the realization of common goals fulfilled by personnel in accordance with existing competence, scholars pay attention to the restructuring of personnel mana gement system with the use of information technologies to combine intellectual and geographical heterogeneity of manpower (Merkevicius, 2015). Rohrbeck et al (2015), Shalmo et al (2017), Rachinger et al (2018), and Bouwman et al (2018) emphasize the need for such a research and identify the predominant role of digital processes and decisionmaking through Industry 4.0, Big Data or Artificial Intelligence.…”

Section: Cemj 129mentioning

confidence: 99%

The Application of Digitalization in Enterprises on the Basis of Multiple Criteria Selection Design

Vorzhakova¹,

Boiarynova²

2020

CEMJ

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Purpose: The increasing role of digitalization in the operation of enterprises actualizes the implementation of the basic methods of proper digitalization processes. The selection of an appropriate method to introduce digitalization is crucial, as it affects the optimization level of the business processes. Methodology: Specific multicriteria selection method includes five steps to identify these approaches, considering the relative error for each approach, as it affects the outcome with the performance indicator of business process digitalization. The strongest criterion value is used to identify the optimal approach. The evaluation of the methods showed that the performance of the logistic, administrative, and innovative methods is not worse than the Pareto principle. Findings: Introducing digitalization in the administrative method has the biggest impact. The chosen method showed that Human Resources processes require modification to reduce costs. A mechanism to digitalize the personnel management processes using artificial intelligence was developed. Implications: The results of multivariate multicriteria analysis show that the implementation of artificial intelligence minimizes human factors and optimizes time and costs. Originality: The main contribution is the development of the method for the selection of an appropriate digitalization approach, which encompasses an implementation mechanism that can be adapted to enterprises’ needs.

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Virtual organization: specifics of creation of personnel management system

Abstract: Development of new types of organizations such as a Virtual

Cited by 23 publications

References 26 publications

Effect of motivational tools on employee satisfaction in small and medium enterprises

Effect of motivational tools on employee satisfaction in small and medium enterprises

Some ideas for improving quality of the index tracking based on cointegration

The Application of Digitalization in Enterprises on the Basis of Multiple Criteria Selection Design

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