Industrija

The application of Wong-Law Emotional Intelligence Scale in companies in Serbia

Goran Đoković — 2024-04-04

Emocionalna inteligencija (EI) je značajan koncept koji utiče na procese upravljanja i zaposlene u organizacijama. Psiholozi i menadžeri širom sveta su takođe prihvatili koncept na osnovu primene različitih modela emocionalne inteligencije u svojoj radnoj praksi. U radu se ističe značaj merenja emocionalne inteligencije u savremenom menadžmentu i analizira primena Wong-Law skale (WLEIS) u srpskim kompanijama. WLEIS model je mera emocionalne inteligencije koja obuhvata 16 stavki samoprocene na bazi revidiranog Mayer and Salovey (MEIS) modela, sa četiri oblasti (procena sopstvenih emocija, procena emocija drugih, upotreba emocija i regulacija emocija). Istraživanje predstavljeno u ovom radu obuhvatilo je najviše i srednje nivoe menadžera (N=128) iz srpskih kompanija kod kojih su testirane sposobnosti emocionalne inteligencije. Cilj ove studije je bio da se izmeri emocionalna inteligencija menadžera u srpskim kompanijama i utvrdi razlika između polova i nivoa menadžmenta. Rezultati istraživanja su pokazali da su menadžeri u testiranim kompanijama imali umereno visoke rezultate na skali emocionalne inteligencije. Najveći rezultati su zabeleženi za varijable koje se odnose na procene emocija drugih, tako da je istraživanje dalje orijentisano ka analizi ovog aspekta emocionalne inteligencije prema polu i nivoima upravljanja.

The Intangibles (un)equality between manufacturing and service enterprises

Matea Zlatković Radaković — 2024-04-09

Even though intellectual capital is treated as key determinant of enterprises’ high-above performance and sustainable competitive advantage, there is lack of systematic approach to understanding whether crucial differences really exist in the intellectual capital of manufacturing and services enterprises. To fulfil this gap, this paper tries to address question on differences in intellectual capital overall and its each component between manufacturing and services enterprises. Performed analysis is based on empirical research data collected from … respondents representing managers in enterprises of Republic of Srpska, Bosnia and Herzegovina. In order to address the research questions, the statistical difference in means was tested for each intellectual capital component in terms of manufacturing and service enterprises. To test the mean differences between the two types of enterprises appropriate parametric and non-parametric independent sample tests are used. The obtained results demonstrate that service enterprises have higher human capital, relational and renewal capital than manufacturing enterprises. Structural capital has more emphasized role in manufacturing enterprises. As enterprises move towards a service orientation, they need to change their approach to intellectual capital stocks and management, and in this acknowledging the existence of differences between a manufacturing and service enterprises is the first step. Research findings shed a new light on the differences between these enterprises in terms of the possession and management of intellectual capital.

Analyzing determinants of poverty in Central Java with Generalized Method of Moments

Dian Natalia Yesi Elisandi — 2024-04-09

The purpose of this study is to examine determinants of poverty in regencies/cities in Central Java. This study examined poverty, investment, savings, and infrastructure as the research variables by focusing on the vicious cycle of poverty. The data was obtained from the Central Bureau of Statistics in Central Java. The data was analyzed using the System-Generalized Method of Moments (SYS-GMM) model using a dynamic panel data model. The results show that both investment and infrastructure negatively and significantly impact poverty. However, saving has a positive and low significant impact on poverty. It was interesting to note that the disparity in savings ownership contributes to the high poverty level. These findings contribute to the government’s efforts to alleviate poverty in the regencies/cities in Central Java. Our findings also provide valuable insights into poverty dynamics in Indonesia.

Improvement of business decision-making in IT industry using the MCDM approach

Maja Stanujkic — 2024-04-09

The selection of suitable individuals for key roles within the organization can significantly affect the business efficiency and performance of the organization. For this reason, this article discusses a multi-criteria decision-making procedure for candidates’ evaluation in the Information Technologies industry (IT) based on the combined use of Simplified Pivot Pairwise Relative Criteria Importance Assessment (PIPRECIA-S) and Weighted Sum with Preferred Levels of Performances (WS-PLP) methods. In the proposed approach, PIPRECIA-S was used to determine the criteria weights, while the WS-PLP method was used to evaluate candidates and harmonize the views of decision-makers attitudes. The applicability and usability of the proposed approach were considered in the case of selecting an IT Project Manager in an IT company, but it can easily be adapted for similar cases of candidate selection.

Microfinance and sustainable development of MSMEs and entrepreneurs in Serbia

Ivana Ostojic — 2024-04-09

The focus of the study is the analysis of the potential benefits for the growth and sustainable development of micro, small and medium enterprises (MSMEs) and entrepreneurs that would arise from the improvement of the domestic financial system through the introduction and representation of microfinance institutions. The study has been conducted on a sample of 150 respondents from the banking and private sector. Data analysis has been performed by a non-parametric method, the chi-square χ2 test of independence. Statistical data processing is performed using the statistical software package IBM SPSS Statistics 21. Results of the study indicate that the domestic financial system is banking-centric, undeveloped, poor and does not encourage sustainable development and growth of micro, small and medium enterprises and entrepreneurs. Also, the research confirmed that the introduction of microfinance institutions would contribute to the improvement of the domestic financial system, the establishment of micro, small and medium enterprises and entrepreneurs, as well as their positive business performance results and sustainable development.

The presence of circular (bio)economy in the environmental investment projects of the Western Balkan countries

Dejan Molnar — 2024-03-11

The uncontrolled use of natural resources, loss of biodiversity and natural capital, pollution of water resources, CO₂ emissions, inadequate waste disposal and other environmental problems have influenced the growth of investments in the development of green technologies, as well as the development of more efficient methods in terms of the use of resources to increase productivity in different sectors of the economy without endangering the land and biodiversity. The paper examines the advantages of developing the investment projects that promote the concepts of green (bio)economy and circular economy and ensure profitability without a negative impact on the natural environment. The innovation projects supported by the Western Balkans Investment Framework in the field of energy, environment, transport, social protection and digital infrastructure are analyzed. It is concluded that about 50% of the supported projects are environmental projects that aim at providing environmental benefits or preventing the environmental damage. Special attention is paid to the environmental projects co-financed by the Innovation Fund of the Republic of Serbia.