Search results
1 – 10 of 11Piyush Jaiswal, Amit Singh, Subhas C. Misra and Amaresh Kumar
This study aims to investigate the interrelationships among the Lean manufacturing (LM) adoption barriers in Indian SMEs. This issue has its own importance as LM has become the…
Abstract
Purpose
This study aims to investigate the interrelationships among the Lean manufacturing (LM) adoption barriers in Indian SMEs. This issue has its own importance as LM has become the inescapable requirement for small- and medium-scale enterprises (SMEs) because of the increased concerns about quality, cost, delivery time and rapidly growing competition in the manufacturing sector and in India it is opposed by many factors/barriers. To act for the eradication of these barriers, we need to systematically analyze them.
Design/methodology/approach
Based on the available literature and consultation with the experts, the authors identified 16 LM barriers for Indian SMEs. The authors analyzed the interdependencies among the barriers and prioritized them using integrated Grey-decision-making trial and evaluation laboratory (grey-DEMATEL) approach.
Findings
The findings show that limited financial resources, fear in adopting new technology, lack of top management commitment and poor leadership quality are the most critical barriers for LM diffusion in Indian SMEs.
Research limitations/implications
The present research is based on the experts’ inputs, which may be subject to individual biases. In developing countries, such as India, geographical influences are also possible, which are neglected in this study.
Practical implications
This study provides significant insights that can help SMEs to focus on critical cause group barriers to accelerate the LM penetration.
Originality/value
The authors have proposed a Grey-DEMATEL-based LM barrier evaluation framework. Here, the authors analyze the interrelationships among the barriers for LM and segregate them in cause and effect groups.
Details
Keywords
Dogga Satyanarayana Murthy, Suresh Kumar Patra and Amaresh Samantaraya
The purpose of this article is to examine the inter-relationship and direction of causality among three macroeconomic variables such as trade liberalization, financial development…
Abstract
Purpose
The purpose of this article is to examine the inter-relationship and direction of causality among three macroeconomic variables such as trade liberalization, financial development and economic growth.
Design/methodology/approach
The empirical analysis is based on the principal component analysis as method to construct financial development index (FDI), augmented Dickey–Fuller and Phillips–Perron tests as the unit root test, Johansen’s co-integration test and VECM for direction of causality in the long run among TOP, FDI and economic growth.
Findings
The empirical results confirmed that there exists a long-run association among trade openness, financial development and economic growth. This study has also found that there is bidirectional causality between financial development and growth. However, the causality runs from growth to finance is stronger than that from finance to growth. This study also observed unidirectional causality that runs from financial development and economic growth to trade openness.
Research limitations/implications
The policy implications that could be drawn from the present study is that, initiation of financial reforms to improve the size of financial system would lead to higher economic growth. Another key implication from this study is that because trade openness has no effect on both domestic financial sector development and output growth, it would be better to deploy the resources into creating a sustained domestic demand rather than concentrating more on the external front in general and trade openness in particular.
Originality/value
The study constructs a summary IFD for India by taking into account four broad financial development indicators for the period 1971-2012. The present paper also suggests that it would be better to deploy the resources to create a sustained domestic demand rather than concentrating more on the external front in general and trade openness in particular.
Details
Keywords
Ajith Kumar J. and Amaresh Chakrabarti
This paper's aim is to highlight the relationship between individual tacit knowledge and bounded awareness in managerial decision making.
Abstract
Purpose
This paper's aim is to highlight the relationship between individual tacit knowledge and bounded awareness in managerial decision making.
Design/methodology/approach
The paper reviews pertinent literature on bounded awareness, individual tacit knowledge and decision making as well as that on the NASA Challenger disaster of 1986. The authors then build logical arguments towards three distinct propositions.
Findings
The distinct three propositions are: managers' dependence upon their existing tacit knowledge interacts with the bounds on their awareness in a cycle of positive reinforcement; different decision makers in the organization can experience differing bounds on their awareness towards the same piece of information; and the tension between experiences of success and failure influences the development of bounded awareness in individuals.
Research limitations/implications
This study reflects on only a single case of decision‐making failure in its analyses. A variegated sample of different failures in multiple contexts might lead to finer insights.
Practical implications
These realizations bring to the fore a paradoxical property of dependence on tacit knowledge that it can be beneficial but can sometimes be harmful. This has implications for the field of knowledge management, wherein tacit knowledge is often a central construct.
Originality/value
To the best of the authors' knowledge, the relationship between bounded awareness and tacit knowledge has not been explicitly discussed before. The propositions can open useful new avenues for future researchers on the antecedents of, and remedies for, bounds on managerial awareness during decision making.
Details
Keywords
Aswini Kumar Mishra and Anil Kumar
The purpose of this paper is to examine income inequality and income mobility, which have been central to understanding India’s recent economic development.
Abstract
Purpose
The purpose of this paper is to examine income inequality and income mobility, which have been central to understanding India’s recent economic development.
Design/methodology/approach
This paper uses the first two waves of the India Human Development Survey data for the year 2004–2005 and 2011–2012 to analyze income inequality and income mobility using longitudinal data, and is the first to do so at a nationally representative level. In this research paper, we address three related research questions: How have been the patterns of income mobility in India? What are the trends, levels and sources of income inequality in India? and finally And What is the structure of household income mobility?
Findings
The paper examines the trends, levels, sources and factors of income inequality and income mobility in India between 2005 and 2012. The results further show the case for high persistence at the top of income distribution but lower persistence at the bottom.
Research limitations/implications
Because of the chosen research approach, the research results may lack spatial analysis. Therefore, researchers are encouraged to test the proposed propositions further.
Practical implications
The paper suggests that, in the end, the nature of longer-term well-being is crucial to designing policy interventions to effectively tackle inequality, and economic mobility can be seen as an avenue to long-term equality.
Social implications
This study can further be extended to look at polarization issues at the national and sub-national levels.
Originality/value
This paper shows the analytical framework of additive decomposition of income mobility out of two sources, namely mobility due to the transfer of income within given structure and mobility due to economic growth or contraction in rural and urban India.
Details
Keywords
Sujo Thomas, Nidhi Titus, Sushmita Suggala and Piyush Kumar Sinha
Parsana Health Centre Private Limited, a part of the INR 4,500 crore1 fitness industry, was a fitness centre established at Ahmedabad (Gujarat) in India in December 2002, as an…
Abstract
Parsana Health Centre Private Limited, a part of the INR 4,500 crore1 fitness industry, was a fitness centre established at Ahmedabad (Gujarat) in India in December 2002, as an integral part of the organized players of the fitness industry. It had been relentlessly working towards creating and nurturing a healthy lifestyle for the people of Ahmedabad over the previous two eventful decades. Under the able guidance of skilled trainers and dieticians, the fitness enthusiast could enjoy state of the art gym facilities, in the upcoming mega city of Ahmedabad. Parsana Health Centre Private Limited enjoyed the first mover advantage in Ahmedabad and tapped the fitness club2 market through its 13 franchises opened in select vantage locations of the city. It was started by the Parsana brothers: Vijay and Dinesh. They strived hard to inculcate the fitness regime in people and attempted to interweave the benefits of fitness with their occupations. However, the road undertaken threw challenges at them – sometimes from people who failed to underline the importance of fitness in their daily schedule, and sometimes from other fitness brands which emerged as strong competitors. The emergence of many individual and branded fitness chains started making inroads into the busy streets of Ahmedabad and they too worked hard to pull out fitness enthusiasts to these social fitness centres by providing personal health counseling, rejuvenation, yoga, etc. Sustaining competitive advantage became a tough task.
Details
![Indian Institute of Management Ahmedabad](/insight/static/img/indian-institute-of-management-ahmedabad-logo.png)
Keywords
Thejas Ramakrishnaiah, Prasanna Gunderi Dhananjaya, Chaturmukha Vakwadi Sainagesh, Sathish Reddy, Swaroop Kumaraswamy and Naveen Chikkahanumajja Surendranatha
This paper aims to study the various developments taking place in the field of gas sensors made from polyaniline (PANI) nanocomposites, which leads to the development of…
Abstract
Purpose
This paper aims to study the various developments taking place in the field of gas sensors made from polyaniline (PANI) nanocomposites, which leads to the development of high-performance electrical and gas sensing materials operating at room temperature.
Design/methodology/approach
PANI/ferrite nanocomposites exhibit good electrical properties with lower dielectric losses. There are numerous reports on PANI and ferrite nanomaterial-based gas sensors which have good sensing response, feasible to operate at room temperature, requires less power and cost-effective.
Findings
This paper provides an overview of electrical and gas sensing properties of PANI/ferrite nanocomposites having improved selectivity, long-term stability and other sensing performance of sensors at room temperature.
Originality/value
The main purpose of this review paper is to focus on PANI/ferrite nanocomposite-based gas sensors operating at room temperature.
Details