Considerations regarding the Formulation of the Organisational Strategy through Simulation Techniques

The complexity, dimension and the scope of the economic problems specific to the correct development of organisational strategie require, on the one hand, the structuring and systematisation of their entire simulation activity in view of solving them. On the other hand, they require the adequacy of a relative independence resulted from the very nature of thinking, personality and professional education of those who wants to promote a certain type of organisational strategy. In other words, we can consider that the stages of creating a strategy simulation, although they are not compulsory, they cannot be entirely neglected, because there is minimum number of stages and sub-stages for which the optional character is not permitted. The entire decisional simulation cycle of a strategy obeys the three research levels: analysis, designing and management of the simulation activity.simulation; strategy; status of strategy; status of entropy; process.

Transition, Integration and Convergence. The Case of Romania

This volume comprises several studies and papers published in the last decades. They have been selected and ranged so that to provide a minimum of coherence concerning the phases which Romania has crossed in her way to the advanced socio-economic system of European type: transition to the market economy, accession to the EU, the economic convergence in the three fundamental domains: institutions, real economy, and nominal economy. The readers may find in this volume a description of debates, difficulties and solutions adopted for building-up the market economy by a state being in a profound transformation from weak transition institutions towards hard democratic institutions. Because the transition to the market economy and the association of Romania with the EU and then the integration presenting strategic political decisions, I have included in this work two studies devoted to the political forces state and political parties that elaborated and applied these strategic decisions underlining their structure, role and function and their transformation. Integration into the EU of a country like Romania, which emerged from a different system comparing with the West-European one, has proved to be difficult and lasting many years because of the structural transformations. In five chapters I am referring to the essential characteristics of the integration process, such as: market liberalization, competitiveness of the local (national) firms on the national and EU markets, institutional reforms so that the institutions of candidate countries have to become compatible with those of the EU and finally the perspective assessment to find out the real and nominal convergence. Putting into practice the EU competitivity and cohesion principles, Romania has good prospects to close, in a reasonable time, the economic gap and to be admitted into the Euro Zone. Although the real convergence of Romania with the EU requires higher growth rates for the former, a new approach is compulsory to take into consideration the environment quality, the natural resources and the equity between the present and the future generations as natural resource consumers. Just these problems have determined me to include in this volume the last two chapters which, on the one hand, try to prove the necessity of the economy growth harmonization with the environment evolution as well as the saving of the energy resources, and, on the other hand, to point out the main ways to be followed and instruments to be used

Evaluation of Information Entropy in Organizational System

Entropy, as a thermodynamic concept, indicates the degree of system disorganization. The concept of entropy is associated with a measure of disorder and uncertainty in a physical system that leads to progressive loss of the relationships that integrate a system. The study of entropy becomes relevant for organization systems, which are described as interconnected elements, having a defined goal, and interacting with a dynamic environment. These systems are essentially based on the acquisition and application of information to ensure their self-determination and future development. In such a context, the approach of entropy is related to the Information Theory, referring to a measure of the amount of information that exists in an organizational system. This paper discusses the concept of information entropy and proposes a manner to evaluate its level under the influence of certain events that reveals particular organizational aspects. A case study for testing the relationship between information and entropy in the case of a company has been elaborated. The findings reveal that the increasing of order within a company system, through highly structured states leads to low level of information entropy

Selection of Energy Efficiency Projects for Dwelling Stock to Achieve Optimal Project Portfolio at the Regional Level by Applying LCC. An Analysis Based on Three Scenarios in the South-Muntenia Region of Romania

The joint action of the European directives and the national strategies make the issue of energy efficiency of the dwelling stock one of the main research directions in the field. The purpose of this study is to create and apply a methodology for developing the portfolio of projects to increase the energy efficiency of the dwelling stock at a regional level through the use of life cycle cost. For this, eight types of energy efficiency improvement projects and three implementation scenarios were selected for the dwelling stock. For each project life cycle cost was determined in each county of the South-Muntenia region based on the estimation of the energy requirements, the costs of implementation and exploitation. In all three scenarios, the P3 Energy Efficiency Project (the reference building without shutters under the Romanian normative) had minimal life cycle cost in most counties in the region. For each scenario the life cycle cost was determined for the optimal portfolio of projects at regional level. The maximum scenario was chosen as the optimal scenario for regional implementation

Drafting Multiannual Local Budgets by Economic-Mathematical Modelling of the Evolution of Revenues

Although seen as a sector with a high degree of inertia and conservatism the public administration system determines the public institutions to record a set of influences both from the internal and external environment. The public administration system is influenced by the frequent legislative changes and recently by the requirements claimed by the European Union. Given the complexity and dynamics of the competitive environment the approach of strategic management tools at the level of public administration becomes more and more important and necessary. One of the main types of exercise of strategic management is represented by financial planning moulded into policies, strategies, plans and programmes whose generation is based on multiannual budgets

Identifying sufficient and necessary competencies in the effective use of artificial intelligence technologies

Recently, there have been significant changes in the labour market and in the lives of employees, as modern society adapts increasingly easily to the implementation of artificial intelligence tools. However, technological changes have also created challenges, including a gap between available and required competencies in the use of artificial intelligence technologies. This study aims to analyse the relationships between employee competencies and effectiveness in the use of artificial intelligence tools, in order to highlight the set of essential competencies in effective interaction with artificial intelligence technology. Therefore, to achieve the purpose of the research, a questionnaire was created and completed by 209 Romanian employees between August and September 2023. For data analysis, two advanced techniques were applied: structural equation modelling (SEM) and necessary conditions analysis (NCA) using the SmartPLS v4 program. The results suggest that employee competencies are significantly associated with the effectiveness of using AI tools, and optimism and innovativeness positively mediate this relationship. The originality of the research stands out through the use of two advanced analysis methods (structural equation modelling and necessary conditions analysis), with the aim of identifying the set of sufficient and necessary skills in the use of artificial intelligence tools. These findings have significant implications for organisations, the educational system, and future research directions on the managerial implications of using artificial intelligence tools

Aligning Public Policy with REPowerEU Program Objectives by Adopting EESS Solutions: A Technology Acceptance Model Approach

The achievement of short-term energy savings through changes in user consumption behaviour is one of the main directions addressed by the REPowerEU program. This paper investigates the perspective of increasing energy efficiency at the level of domestic consumers in Romania by adopting energy efficiency smart solutions (EESS). The research is based on the extended technology adoption model and analyses the behaviour of Romanian consumers regarding the intention to use EESS solutions, in relation to three main influencing factors (awareness, environmental protection considerations, and public policy) moderated by demographic factors. To validate the research hypotheses, a survey was organised between January and March 2023, and structural equation modelling was used to highlight the effects of the determining factors on adoption intention. The research results suggest that all the predictors considered positively influence the behavioral intention to use EESS, with public policy having the greatest effect, followed by awareness. The results obtained suggest that the behaviour of household energy consumers towards adopting EESS is different depending on their age and average income. Additionally, through the IMPA model, a series of managerial interventions are formulated, mainly targeted at the authorities, in order to align Romanian public policies with the objectives of the REPowerEU program, in the context of promoting voluntary measures geared to the lifestyle and behaviour of household consumers by adopting EESS solutions. The limits of the research mainly refer to the lower familiarity acquired as a result of experience in use, in the context of the still early stage of development of the analysed technologies, but also to the exclusion from the analysis of some constructs of the extended model of technology acceptance, such as hedonic motivation or social influences, which would have allowed a more precise understanding of consumer attitudes