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Challenges of Implementing Innovation Strategies at Large Organizations: A case of Lotte Group
(2023)
For many decades, one of the most important focuses of research has been on determining whether or not there is a correlation between the size of an organization and its level of innovation. Unlike small companies, large companies often have well-established structure that are hard to change and change managements seems to be much more difficult especially related to innovation. Nevertheless, there are many examples to prove the opposites. Some large organization like Apple, Amazon... always show great innovation efforts and keep changing in a much positive way. Therefore, the aim of this thesis is to discuss of how large organization can be able to implement innovation when having much drawbacks compare to SMEs. Through the use of a qualitative research approach, researcher was able to explore essential information on the innovation strategies that large companies are using in order to innovate and how they could overcome existing challenges by studying the working process of Lotte Group – one of the biggest companies in Korea.
FinTech is deemed to be an underexplored phenomenon even in academic and real environments. Among (1) “Sustainable FinTech” – the application of information technology as innovation in established financial services providers’ business operation; and (2) “Disruptive FinTech” – the provision of financial products and services by non-incumbents which in most cases are information technology entrepreneurs, the former receives more attention. In order to contribute to Disruptive FinTech category, the thesis strive to examine Entrepreneurial Strategy framework applied for technology players taking part in Vietnam financial market.
Digital Transformation Maturity of Vietnam Aviation Industry: The Effect of Organizational Readiness
(2023)
The paper studies the digital transformation maturity in the context of the aviation industry in Vietnam. Digital transformation can mean enhancing existing processes, finding new opportunities within existing business domains, or finding new opportunities outside existing business domains. In the era of post Covid-19, digital transformation will play a vital role in the recovery with the support from digital technology to leverage the communication and implementation of new projects or changes.
Digital transformation and digital transformation maturity sometimes are used indistinguishing, but they are two different definitions. This paper will further explain the differences and will apply digital transformation maturity as a scale for the digital transformation in the report.
Due to the lack of experiment in the relationship between digital transformation maturity and the organizational readiness, the study will explore four components of organizational readiness, including digital leadership, digital culture, digital capabilities, and digital partnering.
The paper is a study focusing on exploring which factors and examining the impact of those factors influencing the entrepreneurial intention among students in the Construction industry, specifically among students of Hanoi Construction University and Hanoi Architecture University. The study also mentions some solution of this findings for entrepreneurship in the Construction field in Vietnam that the author might think of based on this research work for future study. The Theory of planned behavior is used as the theoritical framework for this study. Both qualitative and quantitative methods are employed. The questionaire will be conducted among students of the two universities mentioned above. Then, an exploratory factor analysis (EFA) will performed to test the validity of the constructs. The research findings provide factors and their impact factors influencing the entrepreneurial intention and propose some solutions to improve the entrepreneurship in the Construction field in Vietnam.
Digital transformation is a prevailing trend in the world, especially in dynamic Asia. Vietnam has recorded remarkable changes in the economy as domestic enterprises have made new strides in the digital transformation process. MB Bank, one of the prestigious financial groups in Vietnam, also takes advantage of digital transformation to have the opportunity to break through to become a large-scale technology enterprise with many factors such as improving customer experience, increasing customer base and increasing customer satisfaction. enhance competitiveness, build trust and loyalty for customers. However, in the process of converting MB, there are also many challenges that require banks to have appropriate policies to handle. It can be said that MB Bank is a typical case study of digital transformation in the banking sector in Vietnam.
Durch die zunehmende Wichtigkeit und Dringlichkeit des Klimawandels sind Unternehmen aufgefordert, einen Beitrag zu nachhaltiger Entwicklung zu leisten, insbesondere durch die jüngeren Generationen. Bisherige Beiträge von Unternehmen werden jedoch als unzureichend kritisiert, was insbesondere am mangelnden Engagement der Mitarbeiterinnen und Mitarbeiter für Nachhaltigkeit in Unternehmen liegen könnte. In diesem Zusammenhang wurde in den letzten Jahren Gamification als ein vielversprechendes, innovatives Tool um nachhaltige Verhaltensweisen der Mitarbeiterinnen und Mitarbeiter am Arbeitsplatz zu motivieren, vorgeschlagen und zunehmend erforscht. Es gibt jedoch nur wenige Studien und anwendbare Gamification-Lösungen, die mehr als ein spezifisches Nachhaltigkeitsthema behandeln und somit eine ganzheitliche Perspektive auf nachhaltige Verhaltensweisen am Arbeitsplatz einnehmen. Darüber hinaus mangelt es bisheriger Forschung an einem umfassenden Verständnis dafür, wie verschiedene Gamification-Elemente spezifische psychologische Effekte hervorrufen, wie sich diese in Verhaltensänderungen manifestieren und wie diese wiederum kumulativ in messbaren Unternehmensergebnissen resultieren. Der Weg von Gamification als ”Input” zu unternehmerischer Nachhaltigkeit als ”Output” ist also bislang unerforscht.
Diese Dissertation schließt diese Lücke, indem eine ganzheitliche gamifizierte Intervention konzipiert, gestaltet und evaluiert wird, die Mitarbeiterinnen und Mitarbeiter bei verschiedenen nachhaltigen Verhaltensweisen in ihren täglichen Aktivitäten unterstützt. Das Projekt verwendet einen designwissenschaftlichen Forschungsansatz, der die Mitarbeiterinnen und Mitarbeiter eng in die schrittweise Entwicklung der Lösung einbezieht. Als Teil des iterativen Designprozesses werden in dieser Dissertation sechs Studien vorgestellt, um das theoretische Verständnis von Gamification für nachhaltige Verhaltensweisen von Mitarbeiterinnen und Mitarbeitern zu erweitern. Zunächst wird ein umfassender Überblick über die bestehende Forschung zu Gamification für nachhaltiges Mitarbeiterverhalten gegeben, wobei Gamification-Designs und Ergebnisse früherer Studien analysiert und eine Agenda für die weitere Forschung aufgezeigt werden (Studie 1). Danach werden theoretische Grundlagen der Forschung zu Gamification, Serious Games und Game-based Learning (Studie 2) und empirische Gestaltungsprinzipien
für Gamification und persuasive Systeme (Studie 3) als Basis für die erfolgreiche Gestaltung gamifizierter Anwendungen systematisch untersucht. Anschließend werden in empirischen Studien Motivationen der Mitarbeiterinnen und Mitarbeiter für nachhaltiges Verhalten erforscht und ihre Erwartungen an Gestaltungsmerkmale beleuchtet (Studie 4) sowie kontextuelle Herausforderungen und Gestaltungsdilemmata bei der Implementierung von Gamification in einem organisatorischen Kontext aufgezeigt (Studie 5). Schließlich wird in einer quantitativen Feldstudie (Studie 6) untersucht, wie verschiedene Gamification-Designs nachhaltiges Mitarbeiterverhalten und unternehmerische Nachhaltigkeitskennzahlen in Organisationen beeinflussen. Basierend auf den Ergebnissen wird in dieser Dissertation ein umfassendes Framework für Gamification für nachhaltiges Mitarbeiterverhalten präsentiert, welches Design-, individuelle Verhaltens- und Unternehmensperspektiven einbezieht. Schließlich werden darauf aufbauend praktische Empfehlungen für die Gestaltung von Gamification zur Förderung nachhaltigen Mitarbeiterverhaltens am Arbeitsplatz präsentiert.
Der Zweck dieser Arbeit ist es, sich auf die kritischen Forschungsherausforderungen und -themen zu konzentrieren, die UI/UX-Designprinzipien umgeben, mit einem Schwerpunkt auf kulturübergreifenden Konzepten aus der Perspektive von E-Learning-Plattformen. Zu diesem Zweck betrachten wir zunächst die kulturellen Dimensionen auf der Grundlage des Hofstede-Rahmens mit dem Ziel, wichtige kulturelle Werte zu identifizieren. Als zweites Ziel der Forschung erleichtert eine Reihe von Kriterien, die so genannte Usability-Heuristik von Nielsen, die Erkennung von Usability Problemen bei der Gestaltung von Benutzeroberflächen (UI). Die Usability-Heuristiken umfassen zehn Variablen, die die Interaktion zwischen dem Benutzer und einem Produkt oder System beeinflussen. Wenn wir uns näher mit
diesen Themen befassen, werden wir in der Lage sein, eine Matrix mit Beziehungen zwischen der heuristischen Bewertung von Nielsen und dem kulturellen Rahmen von Geert Hofstede aufzudecken. Abschließend erörtern wir das mögliche Potenzial kultureller Werte zur Beeinflussung von Benutzeroberflächen für E-Learning-Plattformen. In der Tat gibt es einige Funktionen in E-Learning-Plattformen, die aufgrund der Kultur weniger diskutiert werden, obwohl sie sehr praktisch in die Plattformen integriert werden können.
Artificial intelligence (AI) is of rising importance in these days. AI is increasingly used in various company fields. Nonetheless, no high-quality scientific sources could be found stating the use of AI in the field of leadership. This research gap is addressed with this elaboration by performing expert interviews with leaders. In total seventeen companies could be questioned. The results indicate that AI is not widely used in leadership yet since only one company uses it currently and just about 10% of the participants plan the implementation in the closer feature. While the following items ex- plain why companies want to use AI in leadership: Chances for automation, time and cost savings, many important disadvantages and issues prevent companies from actively using it now: No areas of application are known, no need justifies the use, human interactions as a key aspect of leadership is reduced and it is hard to collect all necessary data. Beyond that, it was aimed to identify changes in the field of leadership through the use of AI. This objective could not be addressed due to the limited number of participants using AI in leadership.
Keywords: Leadership, artificial intelligence, transformation, state-of-use
Social media has changed how customers, businesses, employees, and job seekers form their reputation perceptions of a company, that is, how they form their evaluative judgements about a company’s products, services and behaviors towards constituencies. In pre-social media times, companies had control over what they communicated to their stakeholders, for example, by using corporate websites to convey a predefined image. With social media, multiple opinions, experiences, and company perceptions reach the wider public via multiple channels such as Twitter, Facebook, and other social networking sites that enable user-generated content. Although companies usually try to nurture an online reputation by running their own Facebook and Twitter profiles, a large amount of online content related to a company is produced by social media users and thus is beyond companies’ control. This habilitation thesis is devoted to studying consumer and employee responses to employee behavior in social media. Across eight different articles, with multiple studies each, this thesis aims to draw a full picture of how employee behavior in social media affects customers, other employees, job seekers, and the employing company as a whole.
Despite widespread plans of big companies like Amazon and Google to develop unmanned delivery drones, scholarly research in this field is scarce, especially in the information systems field. From technical and legal perspectives, drone delivery in last-mile scenarios is in a quite mature state. However, estimates of user acceptance are varying between high skepticism and exaggerated optimism. This research follows a mixed method approach consisting both qualitative and quantitative research, to identify and test determinants of consumer delivery drone service adoption. The qualitative part rests on ten interviews among average consumers, who use delivery services on a regular basis. Insights gained from the qualitative part were used to develop an online survey and to assess the influence of associated risks on adoption intentions. The quantitative results show that especially financial and physical risks impede drone delivery service adoption. Delivery companies who are currently thinking about providing a delivery drone service may find these results useful when evaluating usage behaviors in the future market for delivery drones.
Railway safety is a topic which gains the public attention only if major railway accidents happen. This is because railway is considered as a safe mode of travel by the public. However, to ensure the safety of the railway system railway companies as well as universities conduct a broad spectrum of research. An overview of this research has not yet been provided in the scholarly literature. Therefore, this thesis follows two objectives. First an overview and ranking of railway safety research universities should be provided. Second, based on these universities, it should be identified which are the most relevant and influential research topics. The ranking is based on the research method “literature review” which forms the methodical basis for this thesis. To evaluate the universities based on a measurable and objective criterion, the number of citations of the researchers from each university is gathered. As a result, the University of Leuven for the civil engineering, Milan Politechnico for mechanical enginering and the University of Loughborough for electrical engineering are identified as the leading university in their field of railway safety research. The top universities for each discipline are distributed all over Europe, North America and Asia. However, a clear focus on the US and British universities is observed. For identification of the most relevant and influential topics the keywords from the publications which are considered in the ranking procedure are analyzed. Focus areas among these keywords are revealed by calculating the count of each keyword. High-speed trains as well as maintenance are recognized as the highly relevant topics in both civil and mechanical engineering. Furthermore, the topic of railway dynamics for mechanical engineering and noise and vibration for civil engineering are identified as the leading topics in the respective discipline. Achieving both research goals required exploratory approaches. Therefore, this thesis leaves open space for future research to deepen the individual topics which are approached in each section. A validation of the results through experts interviews as well as a deepening of the analysis through increasing the number of analyzed universities as well as applying statistical methods is recommended.
Blockchain in Healthcare
(2020)
The underlying characteristics of blockchain can facilitate data provenance, data integrity, data security, and data management. It has the potential to transform the healthcare sector. Since the introduction of Bitcoin in the fintech industry, the blcockhain technology has been gaining a lot of traction and its purpose is not just limited to finance. This thesis highlights the inner workings of blockchain technology and its application areas with possible existing solutions. Blockchain could lay the path for a new revolution in conventional healthcare systems. We presented how individual sectors within the healthcare industry could use blockchain and what solution persists. Also, we have presented our own concept to improve the existing paper-based prescription management system which is based on Hyperledger framework. The results of this work suggest that healthcare can benefit from blockchain technology bringing in the new ways patients can be treated.
Das Interesse am Konzept Crowdfunding ist in den letzten Jahren sowohl aus der Wirtschaft als auch aus der Wissenschaft gestiegen. Neben Künstlern und Entrepreneuren finanzieren nun auch Wissenschaftler ihre Projekte durch zahlreiche kleine Beiträge aus der Crowd. Allerdings spiegelt die wahrgenommene Nutzung in Deutschland nicht die Vorteile einer Crowdfunding-Kampagne wider, insbesondere nicht im internationalen Vergleich. Die vorliegende Studie untersucht diesen Umstand, indem sie die Motive und Barrieren für eine Finanzierung durch Crowdfunding identifiziert, um Empfehlungen für Forschungseinrichtungen zur Förderung von Crowdfunding zu formulieren. Durch eine Literaturanalyse werden erste Erkenntnisse ermittelt, welche dann für die Durchführung von qualitativen Interviews mit elf Wissenschaftlern, die bereits eine Crowdfunding-Kampagne erfolgreich abgeschlossen haben, verwendet werden. Die Ergebnisse zeigen, dass ForscherInnen in Deutschland Crowdfunding in erster Linie dazu verwenden, Aufmerksamkeit für das Thema und die wissenschaftliche Gemeinschaft im Allgemeinen zu schaffen. Die größten Barrieren sind der enorme Aufwand, der mit einer Kampagne verbunden ist, und die mangelnde Reputation des Konzepts des Crowdfunding seitens der deutschen Wissenschaft. Zudem eignen sich nur Themen und Projekte mit einer hohen Öffentlichkeitswirksamkeit und einem Fördervolumen von maximal fünfstelligen Beträgen. Darüber hinaus konnte die öffentliche Wahrnehmung der Experten während der Kampagne als zusätzliche Barriere identifiziert werden.
Diese Ergebnisse führen zu drei Empfehlungen für Forschungseinrichtungen zur Förderung von Crowdfunding: Es wird empfohlen das Bewusstsein für das Thema Crowdfunding als zusätzliche Form der Forschungsfinanzierung zu sensibilisieren und die Vorteile einer Crowdfunding-Kampagne hervorzuheben. Universitäten sollten mit Crowdfunding Akteuren (bspw. Plattformen und Experten) zusammenarbeiten und die Netzwerkeffekte einer Universität sollten genutzt werden. Die Universitäten sollten Unterstützung leisten, um die Arbeitsbelastung auf interdisziplinäre Teams zu verteilen, um so das Verhältnis zwischen Aufwand und Ertrag zu optimieren. Die gewählte Methodik und der Geltungsbereich der Thesis eröffnen weitere Forschungsmöglichkeiten, die die Perspektive der Universitäten und die Bedingungen in anderen Ländern untersuchen könnten. Darüber hinaus ist eine groß angelegte quantitative Studie erforderlich, um die identifizierten Konzepte statistisch zu validieren.
Das Ziel dieser Masterarbeit war es ein CRM System für das Assist Team der CompuGroup Medical zu entwickeln, welches Open Innovation in die Entwicklung der Minerva 2.0 Software integriert. Um dies zu erreichen wurden CRM Methoden mit Social Networ- king Systemen kombiniert, basierend auf der Forschung von Lin und Chen (2010, S. 11 – 30). Um die definierten Ziele zu erreichen wurde Literatur analysiert, wie ein CRM System und eine Online Community erfolgreich implementiert werden können und dies auf die Entwicklung der Minerva Community angewendet. Dabei wurde sich an den Design Science Richtlinien von Hevner u. a. (2004, S. 75 – 104) orientiert. Das fertige Produkt wurde basierend auf Kunden- und Managementanforderungen entworfen und wurde an- schließend aus Kunden- und Firmenperspektive evaluiert.
Despite the inception of new technologies at a breakneck pace, many analytics projects fail mainly due to the use of incompatible development methodologies. As big data analytics projects are different from software development projects, the methodologies used in software development projects could not be applied in the same fashion to analytics projects. The traditional agile project management approaches to the projects do not consider the complexities involved in the analytics. In this thesis, the challenges involved in generalizing the application of agile methodologies will be evaluated, and some suitable agile frameworks which are more compatible with the analytics project will be explored and recommended. The standard practices and approaches which are currently applied in the industry for analytics projects will be discussed concerning enablers and success factors for agile adaption. In the end, after the comprehensive discussion and analysis of the problem and complexities, a framework will be recommended that copes best with the discussed challenges and complexities and is generally well suited for the most data-intensive analytics projects.
The erosion of the closed innovation paradigm in conjunction with increasing competitive pressure has boosted the interest of both researchers and organizations in open innovation. Despite such rising interest, several companies remain reluctant to open their organizational boundaries to practice open innovation. Among the many reasons for such reservation are the pertinent complexity of transitioning toward open innovation and a lack of understanding of the procedures required for such endeavors. Hence, this thesis sets out to investigate how organizations can open their boundaries to successfully transition from closed to open innovation by analyzing the current literature on open innovation. In doing so, the transitional procedures are structured and classified into a model comprising three phases, namely unfreezing, moving, and institutionalizing of changes. Procedures of the unfreezing phase lay the foundation for a successful transition to open innovation, while procedures of the moving phase depict how the change occurs. Finally, procedures of the institutionalizing phase contribute to the sustainability of the transition by employing governance mechanisms and performance measures. Additionally, the individual procedures are characterized along with their corresponding barriers and critical success factors. As a result of this structured depiction of the transition process, a guideline is derived. This guideline includes the commonly employed actions of successful practitioners of open innovation, which may serve as a baseline for interested parties of the paradigm. With the derivation of the guideline and concise depiction of the individual transitional phases, this thesis consequently reduces the overall complexity and increases the comprehensibility of the transition and its implications for organizations.
Thesis is devoted to the topic of challenges and solutions for human resources management (HRM) in international organizations. The aim is to investigate methodological approaches to assessment of HRM challenges and solutions, and to apply them on practice, to develop ways of improvement of HRM of a particular enterprise. The practical research question investigated is “Is the Ongoing Professional Development – Strategic HRM (OPD-SHRM) model a better solution for HRM system of PrJSC “Philip Morris Ukraine”?”
To achieve the aim of this work and to answer the research question, we have studied theoretical approaches to explaining and assessing HRM in section 1, analyzed HRM system of an international enterprise in section 2, and then synthesized theory and practice to find intersection points in section 3.
Research findings indicate that the main challenge of HRM is to balance between individual and organizational interests. Implementation of OPD-SHRM is one of the solutions. Switching focus from satisfaction towards success will bring both tangible and intangible benefits for individuals and organization. In case of PrJSC “Philip Morris Ukraine”, the maximum forecasted increase is 330% in net profit, 350% in labor productivity, and 26% in Employee Development and Engagement Index.
While the existing literature on cooperative R&D projects between firms and public research institutes (PRI) has made valuable contributions by examining various factors and their influence on different outcome measures, there has been no investigation of cooperative R&D project success between firms and PRI from a product competitive advantage perspective. However, insights into the development of a meaningful and superior product (i.e., product competitive advantage) are particularly important in the context of cooperative R&D projects between PRI and (mainly small and medium-sized) firms in the biotechnology industry in response to increasing competition to raise capital funds necessary for survival.
The objectives of this thesis are: (1) to elaborate the theoretical foundations which explain the achievement of a product competitive advantage in cooperative R&D projects between biotechnology firms and PRI, (2) to identify and empirically evaluate the determining factors for achieving a product competitive advantage in cooperative R&D projects between biotechnology firms and PRI, and (3) to show how cooperative R&D projects between biotechnology firms and PRI should be designed and executed to support the achievement of a product competitive advantage.
To accomplish these objectives, a model of determinants of product competitive advantage in cooperative R&D projects between biotechnology firms and PRI is developed by drawing from the theoretical foundations of resource-based theory and information-processing theory. The model is evaluated using data from 517 questionnaires on cooperative R&D projects between at least one biotechnology firm and one PRI. The data are analyzed using variance-based structural equation modeling (i.e., PLS-SEM) in order to conduct hypotheses testing. The evaluation of the empirical data includes an additional mediation analysis and the comparison of effects in subsamples.
The results demonstrate the importance of available resources and skills, as well as the proficient execution of marketing-related and technical activities for the achievement of a product competitive advantage in cooperative R&D projects between biotechnology firms and PRI. By identifying project-related and process-related factors affecting product competitive advantage and empirically testing their relationships, the research findings should be valuable for both researchers and practitioners. After discussing contributions and implications for research and practice, the present thesis concludes with limitations and avenues for future research.
Implementation of Agile Software Development Methodology in a Company – Why? Challenges? Benefits?
(2019)
The software development industry is enhancing day by day. The introduction of agile software development methodologies was a tremendous structural change in companies. Agile transformation provides unlimited opportunities and benefits to the existing and new developing companies. Along with benefits, agile conversion also brings many unseen challenges. New entrants have the advantage of being flexible and cope with the environmental, consumer, and cultural changes, but existing companies are bound to rigid structure.
The goal of this research is to have deep insight into agile software development methodology, agile manifesto, and principles behind the agile manifesto. The prerequisites company must know for agile software development implementation. The benefits a company can achieve by implementing agile software development. Significant challenges that a company can face during agile implementation in a company.
The research objectives of this study help to generate strong motivational research questions. These research questions cover the cultural aspects of company agility, values and principles of agile, benefits, and challenges of agile implementation. The project management triangle will show how benefits of cost, benefits of time, and benefits of quality can be achieved by implementing agile methodologies. Six significant areas have been explored, which shows different challenges a company can face during implementation agile software development methodology. In the end, after the in depth systematic literature review, conclusion is made following some open topics for future work and recommendations on the topic of implementation of agile software development methodology in a company.
Willingness to pay and willingness to accept on a two-sided platform - The use case of DoBeeDo
(2019)
It is widely known that especially for technology-based start-ups, entrepreneurs need to set up the boundaries of the business and define the product/service to offer in order to minimize the risk of failure. The goal of this thesis is to not only emphasize the importance of the business model development and evaluation but also show an example customer validation process for an emerging start-up named DoBeeDo, which is a mobile app operating on a two-sided market. During the process of customer validation a survey has been conducted to evaluate the interest of the target groups as well as the fit of their expectations using the Willingness to Pay and Willingness to Accept measures. The paper includes an analysis and evaluation of the gathered results and assesses whether the execution of the Customer Development Model can be continued.