EMAN 2024 – Economics & Management: How to Cope with Disrupted Times - SELECTED PAPERS
EMAN 2024 – Economics & Management: How to Cope with Disrupted Times - SELECTED PAPERS
Contributor(s): Antonella Monda (Editor), Carmen-Eugenia Nastase (Editor), Rui Dias (Editor)
Subject(s): Politics / Political Sciences, Social Sciences, Economy
Published by: Udruženje ekonomista i menadžera Balkana
Keywords: scientific research;
Summary/Abstract: The purpose of the annual EMAN conference is to support the power of scientific research and dissemination of the research results with the objective to enhance society by advancing knowledge; policy-making change, lives, and ultimately, the world. Our objective is to continue to be the foremost annual conference on cutting-edge theory and practice of economics and management through encouraging advancement via excellence and interaction.
- Print-ISBN-13: 978-86-80194-84-4
- Page Count: 2016
- Publication Year: 2024
- Language: English
Entrepreneurship as a Catalyst for Sustainable Development in Developing Countries
Entrepreneurship as a Catalyst for Sustainable Development in Developing Countries
(Entrepreneurship as a Catalyst for Sustainable Development in Developing Countries)
- Author(s):Silvana Gashi
- Language:English
- Subject(s):Social Sciences
- Page Range:1-10
- No. of Pages:10
- Keywords:Entrepreneurship; Developing countries; Sustainable development
- Summary/Abstract:This study employs a comprehensive literature review as a methodological approach to investigate the relationship between entrepreneurship and sustainable development in developing countries. Through academic works, policy documents, and empirical studies, the paper seeks to synthesize existing knowledge and differ patterns, gaps, and key insights. Key themes explored include the role of entrepreneurial innovation, the impact of small and medium enterprises, and the influence of policy frameworks on fostering sustainable entrepreneurial ecosystems. Additionally, this study examines challenges and opportunities faced by entrepreneurs in navigating the complex landscape of developing economies. Through this methodological lens, this study aims to contribute a synthesized body of knowledge that informs future research directions and guides practical interventions. By consolidating the existing literature, this paper aims to offer a foundation for policymakers, researchers, and practitioners to formulate evidence-based strategies that exploit the potential of entrepreneurship for sustainable development in the context of developing countries.
Estimating Trade Facilitation in a Regional Integration Initiative: Leveraging the Logistics Performance Index
Estimating Trade Facilitation in a Regional Integration Initiative: Leveraging the Logistics Performance Index
(Estimating Trade Facilitation in a Regional Integration Initiative: Leveraging the Logistics Performance Index)
- Author(s):Irena Kikerkova, Predrag Trpeski, Ljuben Kocev, Jasna Tonovska
- Language:English
- Subject(s):Social Sciences
- Page Range:11-19
- No. of Pages:10
- Keywords:Trade Facilitation; Trade Logistics; Gravity model; Logistic Performance Index (LPI); TRACECA
- Summary/Abstract:This study examines trade determinants, with a particular focus on logistics within the context of a regional integration initiative. A gap in the literature concerning the application of gravity models to the TRACECA initiative is identified through the literature review. Subsequently, an analysis of the legal framework underpinning TRACECA is undertaken. Utilizing the World Bank’s Logistic Performance Index (LPI) within a gravity model framework, the study evaluates the impact of trade facilitation within the TRACECA region. Findings indicate positive associations between trade and GDP, common language, and shared borders, while distance exerts a negative influence. The research underscores the role of the LPI in facilitating trade within TRACECA, advocating for collaborative endeavors to enhance logistics, remove latent barriers, and streamline customs procedures. Furthermore, the study advocates for increased investment to strengthen TRACECA’s trade facilitation initiatives, emphasizing the necessity of mutual political commitment to advance regional trade.
Understanding Transfer Pricing Dynamics: Evidence from Related Party Transactions in EU Public Companies
Understanding Transfer Pricing Dynamics: Evidence from Related Party Transactions in EU Public Companies
(Understanding Transfer Pricing Dynamics: Evidence from Related Party Transactions in EU Public Companies)
- Author(s):Renata Fulop
- Language:English
- Subject(s):Social Sciences
- Page Range:21-29
- No. of Pages:10
- Keywords:Transfer pricing; Related party transactions; Multiple linear regression; Influencing factors; EU context
- Summary/Abstract:This research explores the determinants influencing transfer pricing practices within the EU business landscape, driven by rising related party transactions leading to significant fiscal scandals involving companies like McDonald’s France, BlackRock, and Maersk Oil and Gas in 2022. After an investigation into its transfer pricing arrangements, the US fast-food company agreed to pay €1.25 billion to the French tax authority. All these cases underscore the gravity of the issue. Data was manually collected from annual reports and databases like Thomsons Reuters and Bloomberg, focusing on companies across seven EU countries: France, Germany, Poland, Ireland, Hungary, the Netherlands, and Romania. Using multiple linear regression models, the study analyzes independent variables such as company size, leverage ratio, profitability, market to book ratio, controlling shareholders, and corporate income tax rate. The study aims to provide valuable insights into the factors shaping the concept, emphasizing the need for greater transparency, accountability, and trust in financial operations within the EU framework.
Impact of COVID-19 on Sustainable Development in Western Balkans
Impact of COVID-19 on Sustainable Development in Western Balkans
(Impact of COVID-19 on Sustainable Development in Western Balkans)
- Author(s):Denada Lica
- Language:English
- Subject(s):Social Sciences
- Page Range:31-39
- No. of Pages:10
- Keywords:COVID-19; Western Balkans; Sustainable development
- Summary/Abstract:The COVID-19 pandemic, a global crisis of unprecedented scale, has caused profound impacts on societies, economies, and the environment. This study investigates the relationship between the pandemic and its effects on the Western Balkans, with a specific focus on environmental and socioeconomic dimensions. While certain positive outcomes such as a reduction in greenhouse gas emissions and a surge in the Information Technology and Communication (ITC) sector have been observed, the overall impact poses a substantial threat to sustainable development (SD). This study offers a comprehensive overview by identifying challenges faced by Western Balkans countries, assessing policy responses, and providing insights for a resilient and sustainable recovery.
The Dynamics of Direct Procurement in Albania: A 14-Year Analysis
The Dynamics of Direct Procurement in Albania: A 14-Year Analysis
(The Dynamics of Direct Procurement in Albania: A 14-Year Analysis)
- Author(s):Etion Kapedani, Edlira Martiri
- Language:English
- Subject(s):Social Sciences
- Page Range:41-49
- No. of Pages:10
- Keywords:Direct procurement; Public procurement; Savings; Competition; Albania
- Summary/Abstract:Governments spend part of taxpayers’ money through Public Procurement. Depending on the scope and requirements, public bodies use different forms of contracting: open tenders, requests for proposals, etc. By far, the most problematic form is Direct Procurement because it significantly limits the competition from the private sector, unlike other forms of procurement where competition is a given. It is precisely the scope of this study to examine the dynamics of Direct Procurement in Albania from 2009 to 2022. In this study period, Albania spent 581 Million Euros via Direct Procurement in 18,990 different contracts. This study finds that although savings amounted to 2.1%, significantly lower than other forms of procurement that are more competitive, Albania has been decreasing the usage of Direct Procurement. Data shows a considerable decline trend in the number of contracts and amount of funds dedicated to an un-competitive procedure such as Direct Procurement.
An Empirical Study on the Relationship Between Economic Growth and Globalization in Albania Based on a VAR Model
An Empirical Study on the Relationship Between Economic Growth and Globalization in Albania Based on a VAR Model
(An Empirical Study on the Relationship Between Economic Growth and Globalization in Albania Based on a VAR Model)
- Author(s):Kladiola Gjini
- Language:English
- Subject(s):Social Sciences
- Page Range:51-60
- No. of Pages:10
- Keywords:Albania; Economic growth; Globalization; Var model
- Summary/Abstract:This paper examines Albania’s economic trajectory over the period 1980-2022, employing a Vector Autoregression (VAR) model to unravel the intricate relationship between economic growth and globalization. As Albania underwent significant transformations during this period, marked by shifts in political structures and economic policies, our analysis seeks to disentangle the nuanced dynamics at play. Our findings aim to shed light on whether economic growth in Albania is a driver or a consequence of globalization, unravelling the complex interplay between domestic economic activities and global forces. In conclusion, this paper not only adds to the understanding of Albania’s economic evolution but also provides a methodological contribution through the application of the VAR model.
The Appreciation of the National Currency in Albania: Does Informality Matter?
The Appreciation of the National Currency in Albania: Does Informality Matter?
(The Appreciation of the National Currency in Albania: Does Informality Matter?)
- Author(s):Emiljan Karma
- Language:English
- Subject(s):Social Sciences
- Page Range:61-70
- No. of Pages:10
- Keywords:Exchange rate; EURO / LEK; ARDL Approach
- Summary/Abstract:This study aims to identify the factors that contributed to the appreciation of the Albanian LEK against the EURO, given the increasing euroization of the Albanian economy. The study uses ARDL analysis and quarterly data from 2008Q1–2023Q3 to examine the primary influences on currency exchange rate variations, as per economic theory. The study’s findings indicate that conventional economic variables have little impact on exchange rate variations. However, the study found that remittances and GDP do have a significant impact on the EUR/LEK exchange rate. This study also leaves room to highlight the role of informality in explaining this phenomenon. Therefore, policymakers may need to intervene in this situation, through formal channel transactions (using financial institutions), which must be carried out in the LEK currency, and secondly, through a monetary intervention aimed at creating a more balanced EURO/LEK exchange rate.
Does the Customs Clearance Process Affect Economic Growth? A Panel VAR Data Analysis*
Does the Customs Clearance Process Affect Economic Growth? A Panel VAR Data Analysis*
(Does the Customs Clearance Process Affect Economic Growth? A Panel VAR Data Analysis*)
- Author(s):Christos Katris, Evangelos Daskalopoulos, Aristeidis Mylonas
- Language:English
- Subject(s):Social Sciences
- Page Range:71-82
- No. of Pages:12
- Keywords:Customs clearance process effectiveness; Panel VAR
- Summary/Abstract:The scope of this paper is to investigate whether the Customs clearance process can affect the economic growth in Greece. With the term growth, we mean the GDP per capita and a more general concept as it is expressed in the Human Development Index which is addressed by the term development. The considered variables are the “Logistics Performance Index: Efficiency of the customs clearance process (1=low to 5=high)”, the “Human Development Index”, the “GDP per capita growth rate” and other development and governance indicators from the World Bank. The results stem from the econometric design of the panel VAR approach where the “Logistics performance index: Efficiency of customs clearance process (1=low to 5=high)” is the considered dependent variable and the other variables are the independent variables while the period is from 2000 to 2021 in our study.
Investment in Renewable Energy Sources: Economic Profitability Factors in Croatia
Investment in Renewable Energy Sources: Economic Profitability Factors in Croatia
(Investment in Renewable Energy Sources: Economic Profitability Factors in Croatia)
- Author(s):Vlasta Roška, Zvonko Merkaš, Bartol Pavlović
- Language:English
- Subject(s):Social Sciences
- Page Range:83-91
- No. of Pages:10
- Keywords:Green investment; Renewable energy sources; Photovoltaic systems; Sustainable economy
- Summary/Abstract:Green projects have become essential in contemporary economic conditions due to an increasing emphasis on environmental preservation and sustainable development. including investing in renewable energy sources. The main aim of this study is to explore the factors influencing the economic viability of investing in photovoltaic systems, including initial investments, return on investment, access to financing, infrastructure availability, maintenance costs, system reliability, price competitiveness of output, and the legislative framework in Croatia. The study addresses the extent to which some of these factors influence the decision to invest in renewable energy sources using photovoltaic systems. The research was conducted on 103 respondents who are users of photovoltaic systems. The first hypothesis, that the decision to invest in renewable energy sources by investing in photovoltaic power plants is influenced not only by subsidies but also by investment returns, increased property value, increased energy independence, and long-term protection against rising electricity prices is accepted. The second hypothesis was not confirmed because legislative and other constraints do not affect investment decisions alongside an excellent financial investment structure.
Portfolio Diversification in a New Era of Financial Markets
Portfolio Diversification in a New Era of Financial Markets
(Portfolio Diversification in a New Era of Financial Markets)
- Author(s):Rosa Galvão, Rui Dias, Cristina Palma, Paulo Alexandre, Sidalina Gonçalves
- Language:English
- Subject(s):Social Sciences
- Page Range:93-101
- No. of Pages:10
- Keywords:Artificial intelligence; Fintech; Portfolio rebalancing
- Summary/Abstract:The main purpose of this study is to understand the movements between Fintech and AI stock indices, namely the Global Fintech, Artificial Intelligence & BigData Index (IAIQ), Blockchain Index (ILEGR), Disruptive Technology Index (IDTEC), in order to understand whether they behave as diversifying assets for India’s main stock index (Nifty 50). The results show no evidence that the Fintech and Artificial Intelligence (AI) stock indices, as well as other related indices such as Blockchain and Disruptive Technology, behave as diversifying assets concerning India’s main stock index, the Nifty 50, during the period from January 2020 to January 2024. In conclusion, investors should adopt a prudent approach when considering including these assets in their portfolios and seek effective diversification through a variety of assets and strategies.
Further Unravelling Cryptocurrency Behaviour
Further Unravelling Cryptocurrency Behaviour
(Further Unravelling Cryptocurrency Behaviour)
- Author(s):Cristina Palma, Rui Dias, Rosa Galvão, Paulo Alexandre, Sidalina Gonçalves
- Language:English
- Subject(s):Social Sciences
- Page Range:103-110
- No. of Pages:8
- Keywords:Cryptocurrencies; Efficiency; Long memories; DFA; Arbitrage
- Summary/Abstract:The primary purpose of this study is to compare the levels of efficiency between the Islamic cryptocurrency (HelloGold), the ecological cryptocurrencies Cardano (ADA) and Stellar (XLM) and the traditional digital currencies Bitcoin (BTC) and Ethereum (ETH) over the period from 24 February 2022 to 28 January 2024. Analysing the DFA exponents reveals different types of memory in the digital currencies time series. The Islamic digital currency HelloGold (HGT) exhibits short-term memory, suggesting profit opportunities based on recent trends. In contrast, the green cryptocurrency Cardano (ADA) shows long-term memory, indicating the influence of long-term events and trends on prices. The digital currency Stellar (XLM) does not show a clear short-term or long-term memory trend, making it difficult to predict future movements. Meanwhile, Bitcoin (BTC) and Ethereum (ETH) exhibit long-term memory, suggesting that their prices are affected by long-term trends. These results have important implications for investors and traders when adjusting their trading strategies according to the behaviour observed in cryptocurrency prices.
Tech-Enabled Business Models in Banking for Financial Inclusion: A Systematic Literature Review
Tech-Enabled Business Models in Banking for Financial Inclusion: A Systematic Literature Review
(Tech-Enabled Business Models in Banking for Financial Inclusion: A Systematic Literature Review)
- Author(s):Arjela Dervishaj, Aida Bitri
- Language:English
- Subject(s):Social Sciences
- Page Range:111-119
- No. of Pages:10
- Keywords:Financial inclusion; Banking services; Technology-enabled business models; Traditional banking operations; Efficiency; Accessibility; Emerging economies; Digitalization; Bibliometric analysis; Inclusi
- Summary/Abstract:Financial inclusion refers to the principle of ensuring universal access to fundamental banking services such as savings accounts, credit, and insurance, irrespective of individuals’ economic or social circumstances. In today’s context, this equitable access is crucial for fostering active participation in economic activities. This involves breaking down barriers that historically limited access, especially for remote and financially disadvantaged groups, and leveraging technology to create more efficient and accessible financial processes within financial service providers with a specific focus on banks in this case. Research on the influence of technology-enabled business models in banks for financial inclusion examines the impact of emerging technologies on transforming traditional banking operations and fostering financial inclusion. Historically, traditional banking systems have been inefficient, time-consuming, and expensive. New technology has transformed these financial processes, making them more efficient and accessible. This study explores the existing literature published in this domain from 2010 to 2024, aiming to conduct a thorough analysis and to better understand the link between tech-enabled business models, banking and financial inclusion. Through the use of the proper literature review strategy and the collection of the relevant subset, this paper will support research and highlight significant gaps and challenges in understanding and addressing financial inclusion, particularly in the setting of digitalization of banking processes through their business models in developing countries.
Navigating the Evolution of Large Language Models in Business Analysis: A Comparative Study of RAG, Prompt Engineering, and Fine-Tuning Techniques
Navigating the Evolution of Large Language Models in Business Analysis: A Comparative Study of RAG, Prompt Engineering, and Fine-Tuning Techniques
(Navigating the Evolution of Large Language Models in Business Analysis: A Comparative Study of RAG, Prompt Engineering, and Fine-Tuning Techniques)
- Author(s):Andrea Alberici, Nevila Baci
- Language:English
- Subject(s):Social Sciences
- Page Range:121-132
- No. of Pages:12
- Keywords:Large Language Models; Business analysis; Domain-specific languages; Retrieval-augmented generation; Prompt engineering; Fine-tuning; Intentional frameworks
- Summary/Abstract:The rapid advancements in large language models (LLMs) could prove to have significantly impacted the field of business analysis, particularly in the development of domain-specific languages (DSLs) tailored to describe business requirements with precision and flexibility. The study highlights the substantial progress in LLM capabilities, including extended context understanding, enhanced reasoning, and mathematical functionalities, which collectively facilitate deeper integration of domain-specific knowledge into business analysis processes. The authors critically assess the relevance of Retrieval Augmented Generative techniques that offer advanced knowledge injection methods, along with prompt engineering reasoning techniques, as opposed to fine-tuning LLMs. Furthermore, the research evaluates the strategic decision-making process for business analysts in adopting these technological advancements. The paper discusses whether business analysts should take a proactive or cautious approach when incorporating these AI-driven methodologies into their analytical frameworks, or just wait for the next turn of LLM’s improvements. By examining various case studies and conducting interviews with experts, this study provides insights into how the deliberate application of advanced LLM techniques can offset the services brought by RAG/Prompt engineering techniques. The text also provides guidance for navigating the technological landscape, indicating that it is important to stay updated with rapid advancements. A strategic combination of RAG, prompt engineering, and fine-tuning can provide a balanced and effective approach to creating intentional frameworks that meet the evolving needs of businesses today.
Transforming the CRM Diamond Model with Genetic Data Integration
Transforming the CRM Diamond Model with Genetic Data Integration
(Transforming the CRM Diamond Model with Genetic Data Integration)
- Author(s):Ivelina Ivanova Kadiri
- Language:English
- Subject(s):Social Sciences
- Page Range:133-140
- No. of Pages:8
- Keywords:Genetic data; CRM; CRM-Diamond
- Summary/Abstract:This paper explores the integration of genetic data into the CRM Diamond model, proposing a new model for CRM-Diamond with the incorporation of customer genetic data. It offers insights into the implications for customer relationship management (CRM), emphasizing enhanced customer segmentation, personalized marketing strategies, and improved engagement. However, this integration presents challenges related to data privacy, ethical considerations, and regulatory compliance. The study examines these challenges and proposes strategies for responsible implementation while ensuring transparency and trust in customer relationships. The proposed integration involves redefining the CRM Vision to prioritize hyper-personalization, adapting core CRM activities to accommodate genetic data, and emphasizing robust data privacy measures. This research aims to inform businesses about the transformative potential of genetic insights in CRM processes and the importance of ethical and compliant practices.
The Influence of Podcast Engagement on Consumer Perception and Purchase Intention: Evidence from Croatia
The Influence of Podcast Engagement on Consumer Perception and Purchase Intention: Evidence from Croatia
(The Influence of Podcast Engagement on Consumer Perception and Purchase Intention: Evidence from Croatia)
- Author(s):Ivana Tonković Pražić, Kristina Devčić
- Language:English
- Subject(s):Social Sciences
- Page Range:141-150
- No. of Pages:10
- Keywords:Podcast; Podcast engagement; Consumer perception; Purchase intention; Croatia
- Summary/Abstract:Podcast adoption and audience have been growing at a high rate for the last decade since they enable higher levels of availability, intimacy and interactivity than many other media. The attractiveness and advantages of podcast advertising that arise from the characteristics and popularity of podcasts themselves, caused an increase in podcast advertising. In order to gain deeper insight into the influence of podcast advertising on consumer behavior and thus improve our understanding of this area of digital marketing, an investigation on how podcast engagement influences consumer product recommendation perception and purchase intention of the brands and products advertised by their favorite podcast was conducted. In order to achieve the set goal, a questionnaire was administered among a sample of Croatian consumers. The collected data was analyzed and the results were presented and interpreted.
Examining Consumer Attitudes Towards Online Shopping for Intimate Apparel in North Macedonia: A Study of Customer Expectations & Preferences
Examining Consumer Attitudes Towards Online Shopping for Intimate Apparel in North Macedonia: A Study of Customer Expectations & Preferences
(Examining Consumer Attitudes Towards Online Shopping for Intimate Apparel in North Macedonia: A Study of Customer Expectations & Preferences)
- Author(s):Nadica Jovanovska Boshkovska, Sara Spasovska, Ilijana Petrovska, Ana Tomoska Misoska
- Language:English
- Subject(s):Social Sciences
- Page Range:151-160
- No. of Pages:10
- Keywords:Online shopping; Consumer attitudes; Underwear; Intimate apparel; Consumer behavior
- Summary/Abstract:The main aim of this paper focuses on analysing consumer attitudes toward purchasing intimate apparel products online. The necessity for such research arises at a time when online shopping in North Macedonia has become a daily routine, with statistics showing a significant proportion of consumers from the region engaging in online shopping. The apparel was selected for analysis, with a specific emphasis on underwear. Considering the intimate nature of this segment within the apparel industry, a questionnaire consisting of 21 questions was distributed to consumers of the Macedonian underwear brand, Sara Fashion, via social media platforms such as Facebook and Instagram. The research gathered feedback from 80 consumers, from which the research findings showed that online shopping yields a positive experience.
Customer Satisfaction and the Use of Beacon Technology in the Hotel Industry
Customer Satisfaction and the Use of Beacon Technology in the Hotel Industry
(Customer Satisfaction and the Use of Beacon Technology in the Hotel Industry)
- Author(s):Tomislav Car, Anton Kliman
- Language:English
- Subject(s):Social Sciences
- Page Range:161-170
- No. of Pages:10
- Keywords:Customer satisfaction; Personalized service; Beacon technology; Hotel industry
- Summary/Abstract:The hotel industry is undergoing profound change, driven by digitalisation and technology. Mobile apps and beacon app technologies have proven to be powerful tools to enhance the guest experience, streamline operations and drive guest loyalty. These technologies allow guests to manage reservations, access information and easily search for services via their smartphones. Beacon technology, which uses Bluetooth Low Energy (BLE), allows hotels to provide targeted notifications and personalised content based on guests’ location and proximity. The topic of this article is the investigation of personalised content through beacons and BLE mobile technology on user satisfaction and the impact on the hotel company’s revenue. The article aims to investigate the impact of personalised content on user satisfaction, their attitude towards the introduction of new technologies and the sensitivity of data sharing. To this end, an empirical study was conducted using the survey method. The study found that a personalised service that uses as little private data as possible has a positive impact on user satisfaction. It was also found that a personalised service helps with product selection and encourages the customer to make a purchase.
Digital Nomadism in a Contemporary Business Environment
Digital Nomadism in a Contemporary Business Environment
(Digital Nomadism in a Contemporary Business Environment)
- Author(s):Žikica Milošević, Andrea Ivanisevic, Alpar Lošonc, Minja Bolesnikov, Aleksandra Pavlović
- Language:English
- Subject(s):Social Sciences
- Page Range:171-178
- No. of Pages:8
- Keywords:Digital nomadism; Remote work; Nomads; Digitisation; Pandemic; COVID-19
- Summary/Abstract:During the COVID-19 pandemic, it was essential to ensure the environment and the techniques for remote work, which was strongly advised for health reasons. After the pandemic was officially over, the companies understood that many workers were better off in that working mode, while some of them enjoyed coming back to the offices - it was connected to many personal factors, among which motivation was one of the crucial ones for employees, and the trust and control was crucial for employers. Some employees felt cut off from the corporate culture, thus feeling like “gig-workers” and craved to come back to their offices, while some of them felt uncomfortable coming back from the serenity of their homes and “digital nomadism”. In fact, digitisation of the world hand in hand with globalisation has led to new opportunities in reshaping the workplaces, such as remote work and so-called digital nomadism. Digital nomadism refers to the work practices far from the office, usually from another town, country or continent, and it has brought many benefits like increased productivity and cash influx in less developed areas of the world, together with a sense of freedom, but they have also brought the sense of loneliness, uncertainty, financial difficulties, increased risk, and transnational gentrification. Many countries around the world, especially during and after the COVID-19 pandemic, stepped out with measures aimed at enabling the digital nomads with adequate visas. Serbia is one of the countries with a high influx of digital nomads, that have changed its economy and culture.
Can Hypnosis Develop Emotional Intelligence and Employees’ Skills?
Can Hypnosis Develop Emotional Intelligence and Employees’ Skills?
(Can Hypnosis Develop Emotional Intelligence and Employees’ Skills?)
- Author(s):Ahlem Khefacha, Beatrix Sellei
- Language:English
- Subject(s):Social Sciences
- Page Range:179-186
- No. of Pages:8
- Keywords:Emotional intelligence development; Hypnosis; Transformational leadership; Workplace success
- Summary/Abstract:Emotional intelligence (EI) refers to qualities and skills beyond traditional intellectual and technical competencies. EI proved to be an essential skill that goes alongside leadership skills, positively impacting organizational behaviors and business outcomes and influencing overall work performance. EI is important in organizational settings in three ways: the leader’s EI, the employee’s EI, and the emotional climate of groups and teams. Few studies showed that happier people produce more GDP, so the positive effects are countable in business. People have different levels of EI, but nowadays, workplaces do not focus on developing such soft skills yet. However, we can see that the development of EI could be beneficial. One possible way to develop EI is using coaching hypnosis, which has been used in the workplace to improve organizational skills. This paper examines hypnosis professionals’ feedback on hypnosis use for the development of emotional intelligence and employees’ skills. The study follows a qualitative methodology with a questionnaire built to investigate the opinions of professionals. The primary results show that hypnosis can be used to develop emotional intelligence and employee skills in general. The study aims to underline the effectiveness of hypnosis at workplaces and, based on this, to offer a potential development strategy for emotional intelligence to enhance company success based on employee success. In this paper, we’ll present concrete techniques based on professionals’ answers to improve leaders’ skills to be transformative and resonant leaders.
Generation Z Students` Preferences Toward Future Professional Engagement
Generation Z Students` Preferences Toward Future Professional Engagement
(Generation Z Students` Preferences Toward Future Professional Engagement)
- Author(s):Koviljka Banjević, Dragana Gardašević, Marta Trninić
- Language:English
- Subject(s):Social Sciences
- Page Range:187-195
- No. of Pages:10
- Keywords:Generation Z; Characteristics; Preferences; Professional engagement; Students
- Summary/Abstract:Over the last few years, many authors have examined Generation Z – its characteristics, habits, values, attitudes and behaviors, interests, learning style, as well as job preferences. It is not surprising, because this generation is significantly different from its predecessors in many aspects. Moreover, this generation has entered to labor market for the first time. A new generation of workforce means new challenges for employers. In this sense, the purpose of this study is to explore the characteristics of Generation Z students and their preferences toward future professional engagement. The survey is based on a questionnaire addressed to students of professional studies at The Academy of Applied Technical Studies Belgrade. The data is processed in the SPSS software package and the research strategy includes descriptive statistics. Despite some limitations, the results of the study may be useful for employers, higher education institutions and teaching staff, as well as for present and future research.
