Rajeev A., Sandeep Sivakumar and Gopalakrishnan Narayanamurthy
The case specifically discusses the role of stakeholders and non-market forces and how they can potentially influence the strategic choices of firms. Participants need to have…
Abstract
Subject area
The case specifically discusses the role of stakeholders and non-market forces and how they can potentially influence the strategic choices of firms. Participants need to have some basic understanding of non-market forces, and stakeholder theory. The case is suitable for courses on sustainable supply chain management, closed loop supply chain management, reverse logistics, green business, environmental management, strategic management and business in emerging economies.
Study level/applicability
The target audiences for the case are bachelor and first-year MBA students and trainees who are interested in learning the relevance of non-market forces in sustainable growth of an industry and the importance of stakeholder management in the smooth conduct of business.
Case overview
The case study details how the plastic industry in Kerala faces a non-market threat and how it affects the progress of the industry by using the example of Ashiyana Pipe. Though plastic is a unique material by virtue of its reusability and non-perishable characteristics, it has invited a lot of criticism, as there is a wide spread perception regarding its detrimental impact on the environment (such as choking drains, preventing the degradation of solid waste because of its impermeability, etc.). But the reason for experiencing the detrimental impact of plastic can also be attributed to the inability of the supply chain of the plastic industry to reach a closed-loop status, especially in developing countries such as India, as all categories of post-consumer plastic are not reaching recycling plants. Lack of awareness, lack of community participation in proper segregation and aggregation at the source, absence of incentive systems, weak regulations and poor monitoring are discussed as the common barriers hindering the achievement of closed loop status of plastic supply chain. Detailing the barriers, the case study explains the failure of informal and formal recycling markets in Kerala. Finally, the case study proposes a model with involvement of all the key stakeholders to reposition the hate toward plastic into love through recycling initiatives.
Expected learning outcomes
Expected learning outcomes of the case are listed below: illustrate the importance of stakeholder involvement in achieving a sustainable business and to stress the importance of a decentralized approach. Illustrate the relevance of non-market forces in sustainable growth of an industry that has significant impact on the surrounding environment and society. Critically analyze the existing business models (based on market mechanism) and suggest possible improvements and alternatives. Understand the challenges that will be faced while implementing an inclusive model with involvement of all stakeholders to reduce the negative impact of non-market forces.
Supplementary materials
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Subject code
CSS 11: Strategy.
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Manish Kumar, Hemang Jauhari, Ashish Rastogi and Sandeep Sivakumar
The purpose of this paper is to integrate learnings from social exchange theory, organizational support theory and JD-R model to explore the relationship among support for…
Abstract
Purpose
The purpose of this paper is to integrate learnings from social exchange theory, organizational support theory and JD-R model to explore the relationship among support for development, work engagement (WE), job satisfaction (JS) and turnover intention (TI). It was hypothesized that the relationship between managerial support for development (MSD) and TI would be explained through organizational support for development (OSD), WE and overall job satisfaction (OJS).
Design/methodology/approach
A cross-sectional survey on a sample of 5,088 service industry employees undergoing organizational change and working in the business-to-business context was employed. Reponses were analyzed using IBM® SPSS® AMOSTM 20.
Findings
The findings were along the hypothesized lines. The study found support for mediation by OSD, WE and OJS, respectively of MSD and TI relationship. Similarly, the mediation of MSD-OJS relationship by OSD and WE, respectively were also supported. Furthermore, OSD mediated the relationship between MSD and WE; while the relationship between OSD and TI was mediated by WE and OJS, respectively and additionally, the OSD-OJS relationship was mediated by WE. Lastly, the mediation of WE-TI relationship by OJS was also supported. Therefore, the sequence of MSD-OSD-WE-OJS-TI partial mediation model was supported.
Research limitations/implications
While the sample size (n=5,088) is large, the respondents belong to one business unit of an organization, constraining generalizability. Additionally, the study is limited by cross-sectional design. Finally, the study was restricted by the choices of perceptual measures of study variables and non-quantitative evaluation of discretion/job demand.
Originality/value
Using learnings from multiple theories, the present study examined the roles of two sources of support for development (organizational and managerial) and two job-related states (WE and JS) in relating with TI. Interestingly, all the expected relationships were true in a context signifying the discretionary nature of organization. Further, testing of alternate models gives additional credence to the findings.
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Sampath Boopathi and Sandeep Kautish
Introduction: Cost competitiveness, customer focus, and sustainability compliance are essential for new-age firms to survive and succeed in the VUCA market environment. This study…
Abstract
Introduction: Cost competitiveness, customer focus, and sustainability compliance are essential for new-age firms to survive and succeed in the VUCA market environment. This study examines how automobile corporations have improved cost competitiveness, productivity, and product quality.
Purpose: This study examines the importance of cost competitiveness, customer focus, and sustainability compliance for the long-term survival of organisations in VUCA markets, looking at the practical efforts made by automobile corporations to enhance cost competitiveness, productivity, and quality.
Methodology: The study utilises a comprehensive analysis of the strategies and initiatives implemented by the selected automobile companies. It involves a review of relevant literature, case studies, financial data analysis, and interviews with key industry experts, providing a holistic understanding of the actions taken by these organisations to achieve their goals.
Findings: The study reveals that cost competitiveness, customer focus, and sustainability compliance are critical factors for the long-term survival and success of organisations in the automotive industry. The analysed automobile companies have undertaken practical efforts to improve cost competitiveness, enhance productivity, and ensure high-quality products, enabling them to navigate the challenges and maintain a competitive edge.
Significance: The findings of this study contribute to a deeper understanding of the importance of cost competitiveness, customer focus, and sustainability compliance in the automotive industry. It highlights the need for organisations to constantly monitor both qualitative and quantitative profit to avoid complacency and ensure long-term efficiency. The study’s insights are relevant to businesses operating in other sectors, as they face similar challenges in the VUCA market environment.
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Mingming Feng, Tony Kang and Sandeep Nabar
The purpose of this paper is to examine the association between national societal values and corporate governance in emerging markets.
Abstract
Purpose
The purpose of this paper is to examine the association between national societal values and corporate governance in emerging markets.
Design/methodology/approach
The sample is comprised of 511 firm-year observations representing firms from 22 emerging markets. The authors regress sample firms’ corporate governance ratings, reported by Credit Lyonnais Securities Asia (CLSA), on national societal value scores (Hofstede, 1980 variables for primary analysis and Schwartz, 1994 variables for sensitivity tests) and firm-level and country-level control variables.
Findings
The authors find that national societal values are associated with corporate governance in emerging markets. Corporate governance is strong in firms from individualistic societies, and weak in firms from uncertainty avoiding and masculine cultures.
Research limitations/implications
The authors extend the stream of literature that has established the link between formal institutions and corporate governance. The authors also extend the literature that examines how societal values influence corporate practices in emerging markets.
Practical implications
The results suggest that informal institutions, in addition to formal ones, shape corporate governance in emerging markets. Corporate stakeholders need to be aware of the different societal values of each market and develop specific strategic plans that best suit both formal and informal institutions.
Originality/value
The findings suggest that national societal values need to be considered in cross-country research on corporate governance. The results should also be of interest to policy makers advocating for or against global governance standards.
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Neeraj Bisht, Bishwajeet Pandey and Sandeep Kumar Budhani
Privacy and security of personal data is the prime concern in any communication. Security algorithms play a crucial role in privacy preserving and are used extensively. Therefore…
Abstract
Purpose
Privacy and security of personal data is the prime concern in any communication. Security algorithms play a crucial role in privacy preserving and are used extensively. Therefore, these algorithms need to be effective as well as energy-efficient. Advanced Encryption Standards (AES) is one of the efficient security algorithms. The principal purpose of this research is to design Energy efficient implementation of AES, as it is one of the important aspects for a step toward green computing.
Design/methodology/approach
This paper presents a low voltage complementary metal oxide semiconductor (LVCMOS) based energy efficient architecture for AES encryption algorithm on Field Programmable Gate Array (FPGA) platform. The experiments are performed for five different FPGAs at different input/output standards of LVCMOS. Experiments are performed separately at two frequencies (default and 1.6 GHz).
Findings
The comparative study of total on-chip power consumption for different frequency suggested that LVCMOS12 performed best for all the FPGAs. Also, Kintex-7 Low Voltage was found to be the best performing FPGA. At 1.6 GHz frequency, the authors observed 55% less on-chip power consumption when switched from Artix-7 with LVCMOS33 (maximum power consuming combination) to Kintex-7 Low Voltage with LVCMOS12. Mathematical models are developed for the proposed design.
Originality/value
The green implementation of AES algorithm based on LVCMOS standards has not been explored yet by researchers. The energy efficient implementation of AES will certainly be beneficial for society as it will consume less power and dissipate lesser heat to environment.
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Davood Toghraie, Maboud Hekmatifar and Niyusha Adavoodi Jolfaei
This paper aims to investigate the three-dimensional (3D) numerical simulations, based on the Navier–Stokes equations and the energy equation. Forced convection of a mixture of…
Abstract
Purpose
This paper aims to investigate the three-dimensional (3D) numerical simulations, based on the Navier–Stokes equations and the energy equation. Forced convection of a mixture of (60:40) percent ethylene glycol and water, was used as the base fluid and CuO nanoparticles, through a serpentine minichannel.
Design/methodology/approach
In this simulation, a serpentine mini-channel heat exchanger was simulated. The fluid studied in this simulation was composed of a mixture of (60:40) per cent ethylene glycol and water, was used as the base fluid and CuO nanoparticles. Four slabs and three serpentines were used in this study. The serpentine section is connected to the slab. Three equidistant circular channels (1 mm in diameter) were implemented inside the slab.
Findings
Results show that nanoparticles increase the fluid pressure drop and by changing volume fraction of nanoparticles from 0 to 1 per cent, the pressure drop of nanofluids increases between 42and 47 per cent, for Reynolds numbers from 100 to 500. The existence of serpentine bend in the minichannel heat exchanger causes the heat transfer rate to increase. Increase the volume fraction of nanoparticles reduces the fluid temperature at the outlet of the heat exchanger. The numerical results show that in Re = 500, at the beginning of the last slab in middle channel by changing volume fraction of nanoparticles from 0 to 2 per cent, local Nusselt number 57.40 per cent increase. The existence of the serpentine bend causes the heat transfer rate to increase.
Originality/value
Forced convection of a mixture of (60:40) per cent ethylene glycol and water by using of 3D numerical simulations, based on the Navier–Stokes equations.
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Paul C. Hong, Mohammed Taj Hejazi, Xiyue Deng and Sandeep Jagani
Having complexity theory as the overarching conceptual rationale, this paper presents a research model that defines external drivers, strategic and internal business practices and…
Abstract
Purpose
Having complexity theory as the overarching conceptual rationale, this paper presents a research model that defines external drivers, strategic and internal business practices and performance outcomes in service firm contexts.
Design/methodology/approach
Using an original survey instrument, the authors empirically examine business process management (1) adopting the mediating roles of shared goal practices and technology imperative practices (2) involving moderating roles of competitive market environments and joint implementation practices.
Findings
In response to dynamic market complexity, firms implement business process management through shared goal practices and technology imperative practices for achieving customer service outcomes. The findings also suggest the moderating roles of competitive pressure and joint implementation practices.
Research limitations/implications
Generalizations here are limited to service firms. Increasing customer service expectations (e.g. simplicity, convenience, visual images and rapid responses) require firms to involve cross-functional work throughout their organizational processes.
Practical implications
In digital environments, business process management requires socio-technological synergy through shared goal practices and technology imperative practices.
Originality/value
Building on a theory-driven research model, a survey instrument provides tools to examine business process management of service firms that sense dynamic market complexity challenges and translate them to achieve desirable customer service outcomes.
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Shweta Pandey, Deepak Chawla and Sandeep Puri
This study explores and compares the reasons for or against including situational triggers on the adoption of food delivery apps (FDAs) across lesser-researched Asian countries…
Abstract
Purpose
This study explores and compares the reasons for or against including situational triggers on the adoption of food delivery apps (FDAs) across lesser-researched Asian countries like India and the Philippines.
Design/methodology/approach
The study utilises a qualitative research methodology using focus group discussions and interviews across each country.
Findings
Respondents from India highlighted the importance of convenience, aggressive discounts, app service quality, fulfilment and multiple payment options as the key reasons for adopting the FDAs. However, these factors require redressal in the Philippines context. Also, the study findings highlight some country-specific requirements: in the Philippines, food packaging, cheaper options provided by the local convenience stores and lack of variety of food options; in India, the impact of parental beliefs and segregated vegetarian food delivery.
Practical implications
The study makes practical suggestions for consumer behaviour researchers, developers and marketers of FDAs who are confronted with challenges in app development for a multi-cultural audience and to ensure growth and the adoption of the FDAs across the two countries.
Originality/value
This is one of the first studies to compare diverse national markets to uncover differences and similarities in the factors impacting the adoption of FDAs. The results highlight the impact of varying levels of evolution of FDAs and social, technological and cultural contextual differences on the adoption of the FDAs across India and the Philippines.
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Sandeep Kumar Kujur and Diti Goswami
As a developing country, India initiated several labor measures to contain the Covid-19 pandemic. This study analyzes the impact of the Covid-19-induced comprehensive labor…
Abstract
Purpose
As a developing country, India initiated several labor measures to contain the Covid-19 pandemic. This study analyzes the impact of the Covid-19-induced comprehensive labor measures by Indian states on the Case Fatality Ratios and Recovery Rates. Such an analysis will provide deeper insights into the importance of labor measures during a health emergency. It will also be a reality check to the existing National Health Policy.
Design/methodology/approach
The study examines the four major aspects of labor measures on migration, social security, state-specific needs and health and human rights. The authors use these to formulate a composite labor measure index to comprehend the Covid-19-induced various labor measures. Additionally, the authors apply pooled ordinary least squares and panel random-effects models with the state-wise monthly data to examine the impact of Covid-19-induced labor measures on the severity of the pandemic.
Findings
Covid-19-induced comprehensive labor measures reduce fatalities and increase recovery rates. In particular, the measures on labor migration, state-specific needs and health and human rights adopted by the Indian states successfully reduce the Covid-19 fatalities and improve the recovery rates. However, the measures taken to address social security have been ineffective in reducing the severity of the pandemic. The study results are robust to various other specifications.
Research limitations/implications
The time period covered in this research is very brief and does not account for the qualitative impact of labor measures on the severity of the pandemic. This study specifically addresses the number of Covid-19-induced labor measures and not the resources allocated to their implementations or the number of people who benefited from the measures.
Practical implications
This study emphasizes the need for subnational comprehensive labor measures to reduce the severity of the pandemic in developing countries. The study confirms the need for effective Covid-19-induced social security measures to cope with the pandemic in India. This study also ascertains the beneficial impact of the measures on migration, state-specific needs and health and human rights.
Originality/value
The authors make a composite labor measure index that captures state-level Covid-19-induced labor measures on diverse aspects, namely migration, social security, state-specific need and health and human rights, hitherto unexplored. In addition, the authors analyze the impact of these labor measures on the severity of the pandemic.
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Amit Vishwakarma, G.S. Dangayach, M.L. Meena, Sumit Gupta, Deepika Joshi and Sandeep Jagtap
Idea of circular economy defies the classical “make-use-dispose” approach of linear economic model. In the context of health-care industry, it relies heavily on the supply chain…
Abstract
Purpose
Idea of circular economy defies the classical “make-use-dispose” approach of linear economic model. In the context of health-care industry, it relies heavily on the supply chain practices implemented by industry stakeholders. The purpose of this study is to explore such relationships, study their structure and put it across for attaining sustainability at large.
Design/methodology/approach
This study is an empirical research conducted on 145 health-care firms. The collected data is analysed to develop structural and measurement model. The five constructed hypotheses are examined and tested through structural equation modelling.
Findings
The study illustrates the latent relationships that exist among the stakeholders involvement, sustainable supply chain practices, sustainable performance and circular economy for health-care industry. It is found that the adoption of sustainable supply chain practices improves health-care performance, which, in turn, have positive influence on circular economy.
Research limitations/implications
The structural and measurement model is developed in the context of circular health-care economy. It can be validated or improvised by conducting similar research in other industry using different methods. This research work fulfils the long existing gap in research by offering a linkage between various constructs to achieve health-care circular economy. Based on the research results, future researchers can build theories of circular economy and sustainability for health-care industry.
Originality/value
The study attempts to study the supply chain ways to achieve circular economy for Indian health-care sector. It considered latent relationships among the set of constructs, which are needed for theory building at later stage.