80 research outputs found
Identified Determinants of the Conceptual HRM Framework
Employees have certain roles to play in an organization as well as they have certain rights from the organization. To blend these two is indeed a significant challenge for any organization and its leaders. In this paper, the determinants of that significant framework has been discussed which are found through some in-depth interviews with some of the practitioners of the real world
Re-engineered and Integrated Industrial Relations Model for Governance Integrity: Multiple Case Studies in Bangladesh
This paper re-engineers the ‘industrial relationships between the leaders and the employees (RLE)’ model in the Bangladeshi manufacturing companies, where labour management, supply, and demand of workflow and workers, employee’s conditions and rights are significant factors. Researchers have pondered the ‘industrial relationships between leaders and employees’ component as part of ‘human resource management’ and have adept the integration by using soft systems technology, where this component’s codes are associated with employees’ rights protocols of ‘Universal declaration of human rights (UDHR), ‘International labour organisations (ILO) and ‘Bangladesh labour act 2006’ (BDL). Here, qualitative method’s multiple case studies are applied with purposeful sampling to choose twelve cases (12) and eighty-seven (87) participants’ for in-depth interviews, which are transcribed and coded methodically in NVIVO. Here, re-engineered ‘industrial relationships between leaders and employees model’ is the outcome. The concept of integration is novel, which is an addition to the knowledge of literature and the advancement of ‘industrial relationships between leaders and employees’ model
Impact of Brexit on Construction Stocks listed on Bursa Malaysia
The British exit from the European Union (Brexit) referendum conducted in the United Kingdom (UK) about remaining in the European Union (EU) has had a profound effect on the world economy. Stock markets across the globe bore the brunt and pound sterling weakened sharply on this announcement. However, not all the economies were affected in the same way and the effect ranged from no impact to high impact. Economies which had considerable exposure to the UK, were affected. Though Malaysia does not have highly significant trade connections with the UK, the construction sector has moderate exposure to UK investments. In this study, construction companies’ stock price movement during the Brexit announcement was analyzed using the Event Study Methodology. Ten publicly traded construction companies were randomly selected and their stock returns were compared with the KCI Market Index returns. The returns were very volatile and showed a negative trend during the first few days around the Brexit announcement indicating that there was an insignificant short-term impact. However, the shock was quickly absorbed and the stock returns stabilized in a few days implying that the Brexit announcement did not have a significant long-term impact on construction company stocks in Malaysia.
Keywords: brexit, event study, bursa Malaysia, Malaysian construction industr
Halal park 2.0: Organising halal production and supply networks
The halal industry is expanding rapidly. Muslim consumer markets are today among the world’s fastest growing. Despite the significant size of the halal industry, however, which is growing in width (read: introducing new halal certifiable categories) and depth (read: more companies are embracing halal certification), there is an evident gap in meeting increased demand for high-quality halal consumer products. There is also a systemic shortage of halal-certified raw materials, other ingredients, and additives. As halal moves from a product approach towards a supply chain approach, issues of halal integrity have also come to the fore. Likewise, it remains problematic that multinationals from non-OIC countries dominate all halal categories, with only limited (and further diminishing) roles for companies from the Muslim world. There is also a total lack of horizontal and vertical collaboration in halal supply chains, leaving true halal synergy advantages on the table
Decrypting the Real Life Escape Room Experience
An escape room is a game that requires a group of players to solve a variety of tasks within a given amount of time in order to fulfill a specific goal, typically escaping a locked room. Despite gaining tremendous popularity of the game in Malaysia, there is no study being conducted in this area. Existing customer experience frameworks offer a limited explanation of this rising phenomena due to the unique inherent nature of Escape Room. Towards this end, the present paper aims to identify the key constructs of Malaysian Escape Room customer experience and determinants of the players revisit intention with respect to the Escape Room. The research is conducted on 20 players who have played at least one game in any Escape Room establishment in Malaysia. This study adopts the sequential incident technique, a qualitative approach to unearth the hidden perception of players. Thematic analysis was subsequently used to analyse the data which revealed fifteen determinants of which 9 are related to the model of goal-directed behaviour. Our research contributes to the body of knowledge in mapping customer experience in this fair nascent industry. Insights from this study are aimed at benefiting Malaysian Escape Room business operators in designing and enhancing the customer experience in their escape rooms
Determining relationship between strategic human resource management practices and organizational commitment
Due to high involvement of human resource management (HRM), it has been a challenge for the organization to manage the external turbulence like war or government policy changes. This makes the HRM department play a crucial role to manage their employees together with the welfare of the organization. The main purpose of the article is to investigate the relationship between strategic HRM (SHRM) practices and organizational commitment (OC). Hypothesis was developed considering seven key SHRM practices and OC and subsequently testing based on data from 52 oil and gas companies in Libya. The findings using structural equation modeling revealed that employees are more committed to the organization when they get best SHRM. Internal career ladders on job training and pay for performance were the key SHRM practices identified that influence employee’s commitment toward the organization. Further, it was shown that the employees are more concerned of their job security and dynamic working environment. Employees with the help of organizational support will be able to contribute to enhance OC
Green Compensation Package of HRM Framework and Its Impact on the Supply Chain Management in Bangladeshi Manufacturing Companies’
This paper aims to analyze Green Compensation Package (GCP) in the HRM framework of Bangladeshi manufacturing companies applying multiple case studies to view if it is mapped with ERS(employee rights) like Universal Declaration of Human Rights(UDHR), International Labour Organization(ILO) and Bangladesh Labour Act (BDL) or not. Here, GCP is observed as an ongoing demand and need of the Employees in any organization. Since, GCP is a primary component of HRM framework, it needs to observed, analyzed and modified when needed based on demand and supply of the skilled employees at necessary units. Green and more humanitarian GCP is suggested in this paper
How Cultural Divergence Influences Expatriate’s Performance in Malaysia
Malaysia is one of the countries which welcome expatriates from all over the world to fill the need for skilled employees. This paper provides an overview of how cultural divergence influence expatriates performance in Malaysia. The main purpose of this study is to identify the important issues which directly or indirectly, positively or negatively influence expatriate’s performance in day to day work. This study reviewed 55 papers related to cultural divergence, employee performance, cultural intelligence, and human resource management practices in Malaysia. The finding highlights that expatriates experience cultural clashes between foreign and local values, which pose direct influences on expatriates’ performance. This study contributes to the body of knowledge in the cross-cultural management field as well as practical implications to expatriating firms. Finally, this research is beneficial and informative, especially for Malaysian researchers and managers in International Human Resource Management (IHRM) field
Life cycle cost analysis of wastewater treatment: A systematic review of literature
The last two decades have witnessed a substantial increase in literature on the life cycle costing of Wastewater treatment. Lack of commonly agreed methodology of life cycle costing resulted in the use of different frameworks and methodologies. Methods and approaches in conducting life cycle cost analysis are also evolving, and a gradual shift from conventional to environmental and societal life cycle costing is witnessed in the last decade. However, a detailed systematic review of methods and approaches of life cycle costing in Wastewater treatment is still lacking. A comprehensive and systematic review provides an opportunity to record existing development in the field and identify areas where more research is needed. For this purpose, this paper systematically reviews the literature on the life cycle cost analysis of wastewater treatment, focusing on purpose, approach, methodology, integration with life cycle assessment, cost estimation, and dealing with uncertainty. The analysis of 83 identified case studies indicated that most of the studies are conducting for affordability and comparative analysis. A gradual shift from conventional to environmental life cycle cost analysis is also observed. 44% of the studies are integrated with Life cycle assessment through different methods. However, in these integrated studies, life cycle cost analysis is used as a secondary tool to supplement the life cycle assessment. Analytical and statistical methods are generally used for cost estimation. Deterministic methods are most common to deal with uncertainties. Based on the comprehensive review of case studies, it is suggested that future research should aim at developing a framework for life cycle cost analysis that could consider and allocate all costs associated with the Wastewater treatment process
A proposed framework of life cycle cost analysis for petrochemical wastewater treatment plants
Stringent regulations has made it mandatory for petrochemical industries to have wastewater treatment plants for the discharge of safe and environment friendly water. Lack of comprehensive and easy to use framework for life cycle cost analysis hinders the economic evaluation of wastewater treatment plants. This paper presents a comprehensive and easy to use framework for life cycle cost analysis of wastewater treatment plants. The framework includes the purpose of analysis, cost categories, LCC methodology, data collection, calculation of LCC and analysis to select the best alternative process. A brief overview of existing frameworks, need analysis and wastewater process flow is also presented. The proposed framework will provide the foundation through which the life cycle cost of different alternatives can be estimated for effective decision making
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