Current Issue : January - March Volume : 2018 Issue Number : 1 Articles : 5 Articles
The increasing economic growth in Bangladesh encourages the growth of Leather sector. This condition results in an intense competition among the leather products industries particularly footwear industries which encourages companies to produce quality products in order to meet customers� satisfaction. One of the methods to control the quality is by using Six Sigma (SS). SS is a method of improving the quality towards the target of 3.4 defects per million opportunities for each production of goods and services. SS is divided into two methods, namely DMAIC (Define, Measure, Analyse, Improve, and Control) and DMADV (Define, Measure, Analyse, Design, and Verify). It can be implemented not only for big companies but also for SMEs. This study was conducted to determine the application of quality control aspect of SS in leading export oriented footwear industry in Bangladesh using DMAIC method. By using this tool, it can be seen that the sigma value in the different production line like court shoe and oxford shoe production line are 6324 and 6300 with the possibility of error products contained are 32938 and 32814per million opportunities respectively. In the application of SS in this study, there are various causes of defective products, namely toe lasting problems, inefficient ironing, insufficient chilling, etc....
Real estate is an illiquid investment with cyclical returns, so risk management\ntechniques should be used for sustainable returns. The risk management\ntechniques include asset based, portfolio, insurance and derivatives\nsolutions. Asset based solutions include the risk character of the real estate,\nbased on where it�s located and how well it is developed. Some property\nsuch as foreclosure and those require maintenance is riskier than others.\nPortfolio solutions allow real estate companies to include real estate with\ndifferent location and segments such as office and retail. Using this, the risk\nis limited to the systematic component, where asset based-idiosyncratic risk\nis tried to be reduced when included enough number of assets to the basket.\nThe management should be capable of determining which risks taking and\nwhich to transfer. Some risks such as earthquake, fire, vehicle crush, terrorist\nactivities are rare in nature but can cause severe damage when it takes\nplace. The insurance policies can cover these events which most of the time\nare reinsured. In addition derivatives are available to hedge some of the\nrisks. These can be traded on the market or over-the-counter. By using derivatives\nit is possible to hedge interest rate risk, inflation, currency risks,\nand property price changes. To hedge interest rate risk which is also studied\nin this paper, instruments such as cap, swap, and collar are available. The\nresearch is investigating the role of interest rate risk in the performance of\nreal estate management companies. The variables used in this research are\n30 years treasury yield, and exchange closing price for CBRE Group Inc.,\nColliers International Group, and Jones Lang LaSalle Incorporated. The data\nis daily for the period 16 June 2004 and 19 June 2015. The methods used are\nJohansen Cointegration and Granger Causality. The results of the study indicate\nthere is a short-run and long-run relationship between interest rate and\nreal estate management firm stock performance. In other words, interest rate\nfluctuation is a critical risk in performance of real estate management companies.\nIn the paper, it is also discussed risk mitigation ideas for controlling this and other risks that real estate management industry is exposed....
With economic globalization and the constant deepening of Chinese market\neconomic reform, there occurs increasingly fierce competition among enterprises.\nDue to unique values, scarcity and inimitably organized classical characteristic,\nthe human resources of modern enterprises become an integral\ncomponent of modern enterprises� competitiveness. How well human resources\nsupport the core capacity and competing advantages of an enterprise\ndepends on employees� core expertise and skills that create values for clients.\nThe training system that is oriented on corporate strategies and core capacities\nis thus an important basis for cultivating and improving corporate employees�\ncore knowledge and skills. In this paper, we select GF company as the\nresearch object, making full use of human resource management related\ntheory, literature research, case method, interview method to put forward an\noptimization design of GF company training system....
Based on the matching questionnaire data of 223 employees on the car assembly\nline and 45 of their direct supervisors, this paper discusses the influence of\nnew generation burnout on task performance and turnover intention and the\nmediating role of career commitment and the moderating effect of innovation\norientation. The results reveal that burnout of young skilled employees has\ndirect negative effect on their task performance. Career commitment of young\npeople plays the partial mediation role in the positive relationship between\nburnout and turnover intention, while innovation orientation plays the negative\nmoderation in the relationship between occupational commitment and\nturnover intention. Management implications of the study are to reduce burnout\ncan effectively improve job performance. At the same time, enhancing\nthe employees� occupational commitment and innovative work values can effectively\nreduce the young employees� turnover intention....
In todayââ?¬â?¢s world, the concept ââ?¬Å?work-life balanceââ?¬Â is considered to be one of\nthe major issues that play a vital role in organizational success. However,\nwork-life balance is seen differently in different society. This paper aims to\nfind out the reasons, which create work-life imbalance. Since in perspective of\nBangladesh, a female employee faces more difficulties to balance between\nwork and life than a male employee, this study focuses on women working in\ndifferent sectors. This study has been conducted based on primary research\nwhere a sample of 40 female employees from different organizations is selected.\nQuestionnaire and interviews were taken to reveal the reasons that lead\nto the reason on an imbalance work-life. The study shows that the reasons for\nwhich female employees are facing trouble to maintain a work-life balance are\nmostly because of: long working hours, job rigidity, work overload, responsibilities\nrelated to child care, discrimination & biasness at work place , lack of\nsupervisory support, dominant managerial style and scarce family support.\nThe finding of the study focuses on formulating a structured guideline for the\norganizations so that the above mentioned reasons can be omitted and female\nemployees can balance their professional and personal life and live in harmony....
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