Preparing and Developing the Capabilities of Entrepreneurs in the Digital Age

Purpose: This discussion highlights the significance of preparing for and adapting to the digital era. Rapid shifts in technology, communication, and business models necessitate a high degree of readiness and resilience.   Theoretical framework:  This fundamental review of existing concepts and theories serves as a roadmap for developing the arguments you will implement in this work.   Design/methodology/approach: The discussion also provides strategic recommendations for organizations aiming to thrive in the digital landscape, emphasizing the integration of technology and data, the cultivation of a learning and adaptive mindset among employees, and the promotion of a culture that encourages change and creativity   Findings:  The rapid changes in technology, communication, and business models make preparedness and flexibility crucial. The conversation underscores the importance of developing necessary capabilities such as the use of digital technology, analytical thinking, and effective planning and management in human resources   Research, Practical & Social implications:  Furthermore, the importance of Corporate Social Responsibility (CSR) in the digital era is highlighted. Businesses are encouraged not just to focus on profit-making, but also to consider their environmental, social, and societal impacts. By establishing responsible and sustainable business practices, organizations can build trust with consumers and society at large, enhancing their brand image and potentially leading to long-term success. By incorporating CSR principles.   Originality/value:  In addition, continuous learning and upskilling in the digital era are of utmost importance. As technology evolves at an unprecedented pace, the skillsets required in the workplace are also rapidly changing. It is therefore critical for businesses to invest in digital skills training and provide employees with opportunities for continuous learning. This not only prepares employees to adapt to changes in their current roles but also equips them with the skills needed for the jobs of the future

Guidelines for the Growth of Smes in the Thai Sports Industry

Purpose:  The aim of this study is to examine the variable factor of the guidelines for the growth of SMEs in the thai sport industry and develop a structural equation model.   Theoretical framework:   The concept of competitive advantage Porter (1980) stated that competitive advantage is a strategy to gain competitive advantage over competitors. The organization can differentiate from competitors in 3 aspects, namely cost leadership strategy; differentiation strategy and a strategy to focus on specific markets.   Design/methodology/approach:  The mixed research methodology was employed by starting with qualitative research based on in-depth interviews with nine experts to create tools for quantitative research and conducting a group discussion with 11 experts to find a consensus on the model of this research.   Research, Practical & Social implications: The research is useful for small and medium-sized enterprises in the sports industry business development approach. Leading to creating a competitive advantage in Thailand and to international business

Analyzing the Critical Factors in Aircraft Maintenance That Affect Low-Cost Airlines in Thailand

This study offers an in-depth examination of salient factors pivotal to aircraft maintenance management. Through a rigorous statistical methodology, critical variables—namely, flexibility, cost control, and service quality and delivery—were discerned as cardinal elements in efficacious management within this domain.The constructed model demonstrated formidable statistical validity, solidifying its utility as a potent instrument for both evaluation and strategic guidance within the aviation milieu. The relative weights ascribed to each variable shed light on their hierarchical significance, furnishing actionable insights for organizations in their quest for operational enhancement. For the rigorous scrutiny and validation of such statistical models, a repertoire of goodness-of-fit indices is paramount. To this end, the current study leveraged a myriad of indices including the Comparative Fit Index (CFI), Goodness of Fit Index (GFI), Adjusted Goodness of Fit Index (AGFI), Root Mean Square Error of Approximation (RMSEA), Normed Fit Index (NFI), Incremental Fit Index (IFI), and Root Mean Square Residual (RMR).Nonetheless, it is prudent to recognize the potential variances in the weightages and salience of these variables across diverse organizational landscapes and contexts. This underscores the necessity for bespoke adaptations to cater to unique organizational exigencies. Cumulatively, this investigation augments the existing corpus of knowledge on aircraft maintenance management, proffering a robust quantitative scaffold for aviation entities to streamline operations, institute cost efficiencies, and uphold service excellence