The implementation of innovation in an industrial company closely linked to engineering change. Often, innovation becomes as a factor of initiating the engineering change. For successful ...implementation of innovations, it is requiring to create an efficient system of engineering change and the corresponding policy. The aim of this article was to conduct a case study of an industrial company and to identify the factors that influence the process of innovation and engineering change, paying particular attention to the factor of company policy towards engineering change. The article analyses the literature sources related to the topic, examines the data of the social survey of employees of the selected industrial company, identifies the problematic areas, and provides insights for the improvement of these areas.
Industrial companies are increasingly interested in innovating through data to develop solutions for customers' current and future needs. This study examines organizational capabilities for ...data-driven innovation (DDI) in the context of established industrial companies. Building on the prior innovation literature, resource-based view, and dynamic capabilities view, we conduct a qualitative study of technological and marketing capabilities in relation to DDI. Based on interview data from six multinational B2B companies, we find that even though technological capabilities are vital to DDI, five of the six examined companies struggle more with marketing capabilities in developing DDI. The research findings underline the central role of customer understanding and involvement in DDI, as well as the significance of the ability to articulate the DDI value proposition in a form that potential customers can grasp. The study contributes to our understanding of DDI as a phenomenon in the context of established manufacturing companies, and identifies key challenges for intangible data-driven innovations in this context.
•Data-driven innovation (DDI) builds of technological and marketing capabilities.•Industrial companies are challenged by marketing capabilities for DDI.•Particularly lack of customer involvement hinders DDI.
The article presents the results of the influence of digital technologies on the transformation of industrial companies’ business models and its analysis. The author has conducted a survey of ...industrial companies, at which point the most used advanced technologies are identified, the amount of investments and the investment pattern in digital transformation are analysed, as well as the purchase of foreign and domestic technologies, equipment and software by enterprises. The criteria for classifying digital business models used by production companies are formulated and two clusters are specified: platform-based business models and business models of “Factories of the future”. For the first time business models of digital transformation of companies in the Russian industry are specified: digital ecosystems, platforms for joint value co-creation, the introduction of a customising product, smart factory, remanufacturing and digital engineering. Digital transformation strategies used by industrial companies are specified for each cluster. The characteristics of digital transformation strategies are determined and the distribution of the strategies over manufacturing sectors are carried out.
Circular Economy (CE) implementation is considered an instrumental strategy to help reaching the world's resource, energy, and climate mitigation targets, including the Sustainable Development Goals ...(SDGs) 2030. However, major barriers must be overcome to facilitate CE implementation in industry such as cultural, market, regulatory and technological considerantions (Kirchherr et al., 2018). Improving management systems within industrial companies is crucial when implementing effective CE solutions in compliance with existing industrial standards such as quality and environmental management systems. However, it is not yet common practice yet due to the lack of standardized, suitable, and easy-to-use supporting analytical tools. This paper attempts to fill this gap by presenting Industrial Circular Economy Questionnaire (ICEQ), a self-diagnosis questionnaire built upon the revision of industrial harmonized standards and, academic literature on business-level CE assessment tools. ICEQ, compiling a set of 165 questions for company self-CE assessment, was applied to 30 industrial companies belonging to 17 economic sectors (automotive, machining and metalworking transformation, waste management, machine tool, etc.) in the Basque Autonomous Community (BAC) in Spain. The automotive sector stands out with 70% of circularity while Machining and metalworking transformation only has 34%, showing that the automotive sector is more conscious of CE since they must comply with End-of-Life Vehicles (EoLV) legislation.
Subject and purpose of work: The aim of this study is to analyse the profitability level of industrial companies in various phases of their lifecycle. Materials and methods: The article uses data ...from individual annual financial statements of industrial companies in accordance with the classification of the Warsaw Stock Exchange. In order to investigate whether there are essential differences in the level of profitability of companies in various phases of their lifecycle, due to significant deviations from normality, the nonparametric Kruskal-Wallis H test was used. To find out which lifecycle phases differ significantly in terms of the level of analysed profitability ratios, a test of multiple comparisons of medium ranks was used (Post-hoc Dunn’s test). Results: The obtained research results show that a given lifecycle phase significantly differentiates the level of the analysed profitability indices. Conclusions: Based on the conducted research, it was found that the company’s lifecycle phase statistically significantly differentiates the level of the analysed profitability indices. In the early phases of the lifecycle, the level of profitability in the surveyed companies increased gradually reaching maximum and stable values in the phase of maturity or shake-out, after which it decreased in the decline phase. This points to an evolutionary transition of individual companies to the next phase of the lifecycle.
PurposeIn this study, a frame of reference was developed to adapt and execute a continuous improvement process (CIP) for reinforcing a continuous improvement (CI) culture in an organisation. The ...study was undertaken in a mature capital goods company that did not succeed in institutionalising CI despite deploying many CI tools over the years. The organisation thus needed a model that was adapted to its reality and strengthened the aspects of CI through cultural changes at the organisational level.Design/methodology/approachAction research was used to implement the CIP, and this research method was reinforced using a hermeneutic phenomenological approach to analyse the results.FindingsThe CIP was validated in four units of analysis within the organisation. For the validation, aspects relevant to organisational cultural change and their metrics were identified. The results showed that the main barriers to the development of CI in the case organisation were lack of teamwork and poor assimilation of new CI routines.Research limitations/implicationsThe study was applied only in one organisation. Therefore, results cannot be generalized although the process and methodology followed to adapt and implement the CIP could be applied within other organisations.Originality/valueThe paper presents a CI frame of reference and describes how a CIP applied to a small- and medium-sized industrial enterprise generated cultural changes and promoted organisational excellence in the pursuit of CI, by using a hermeneutic phenomenological methodology approach.
Objective: The purpose of this study is to examine the impact of an activity-based costing system on cost reduction during the COVID-19 pandemic. An example of ASE.
Theoretical framework: a 42-item ...work-related cost scale and a 10-item cost reduction scale were applied to a random sample of 261 workers working in ASE.
Design/methodology/approach: The results show a positive impact and correlation between an activity-based costing system and cost reductions during the COVID-19 pandemic.
Results and recommendations: The study recommends enhancing the professional qualifications of financial managers, heads of accounting departments and accountants in Jordanian industrial companies by attending various professional courses.
In a knowledge-based economy, products and organizations survive and expire based on knowledge. The most successful organizations are those who use this intangible asset better and faster. Today, ...social capital and knowledge are used to create and increase organizational value, and the success of an organization depends on its ability to manage these scarce resources. Therefore, in this study, the role of knowledge and social capital management on gaining a competitive advantage in Behpak Industrial Company in December 2016 will be investigated. The 165 statistical sample population are the managers, deputies and experts of the company, which is 165 people. The statistical sample is estimated to be 118 people according to Morgan table. Data analysis is performed by Kolmogorov-Smirnov and regression tests. The results show a positive and significant effect of knowledge and social capital management and their dimensions on gaining a competitive advantage in Behpak Industrial Company.
Nowadays, Morocco keeps showing several efforts as part of sustainable development to introduce environmental management measures within companies, no matter what their size or activity field. ...However, studies prove the impact of these measures on psychosocial risk management which are still limited or inexistent. This paper explores the impact of poor environmental management as a factor affecting health and psychosocial well-being at work. The question is: How can environmental practices contribute to reducing psychosocial risks in the workplace? To answer this question, an experiment including the distribution of a questionnaire was carried out, addressed to 150 employees working in industrial companies in the Larache’s region, Morocco. The collected responses show that the psychosocial health of more than ninety percent of those surveyed is directly impacted by living conditions at work. These results indicate that responsible environmental management practices are necessary to improve employee well-being and reduce psychosocial risks in organisations.
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