Challenges, Performances and Tendencies in Organisation Management 9494_9789814656016_tp.indd 1 30/11/15 1:30 pm TTTThhhhiiiissss ppppaaaaggggeeee iiiinnnntttteeeennnnttttiiiioooonnnnaaaallllllllyyyy lllleeeefffftttt bbbbllllaaaannnnkkkk Challenges, Performances and Tendencies in Organisation Management Editors Ovidiu Nicolescu The Bucharest University of Economic Studies, Romania Lester Lloyd-Reason Anglia Ruskin University, UK World Scientific Romanian Scientific Management Society 9494_9789814656016_tp.indd 2 30/11/15 1:30 pm Published by World Scientific Publishing Co. Pte. Ltd. 5 Toh Tuck Link, Singapore 596224 USA office: 27 Warren Street, Suite 401-402, Hackensack, NJ 07601 UK office: 57 Shelton Street, Covent Garden, London WC2H 9HE Library of Congress Cataloging-in-Publication Data Challenges, performances and tendencies in organisation management / edited by Ovidiu Nicolescu (The Bucharest University of Economic Studies, Romania) & Lester Lloyd-Reason (Anglia Ruskin University, UK). pages cm Includes bibliographical references and index. ISBN 978-9814656016 (alk. paper) 1. Management. 2. International business enterprises--Management. I. Nicolescu, Ovidiu. II. Lloyd-Reason, Lester. HD31.C424 2015 658--dc23 2015009071 British Library Cataloguing-in-Publication Data A catalogue record for this book is available from the British Library. Copyright © 2016 by World Scientific Publishing Co. Pte. Ltd. All rights reserved. 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In-house Editors: Dipasri Sardar/Li Hongyan Typeset by Stallion Press Email: [email protected] Printed in Singapore Hongyan - Challenges, Performances and Tendencies.indd 1 19/5/2015 9:12:46 AM b2061 Challenges, Opportunities and Tendencies in the Organisation Management Board Members Coordinators: Prof. Ovidiu Nicolescu, The Bucharest University of Economic Studies, Bucharest, Romania Prof. Lester Lloyd-Reason, Anglia Ruskin University, Cambridge, United Kingdom Editors: Prof. Ovidiu Nicolescu, The Bucharest University of Economic Studies, Bucharest, Romania Prof. Lester Lloyd Reason, Anglia Ruskin University, Cambridge, United Kingdom Scientific Board: Prof. Doina Banciu, National Institute for Research & Development in Informatics, Romania Prof. Mihai Bocarnea, Regent University, USA Prof. Zbigniew Bochniarz, Evans School of Public Affairs, University of Washington, Seattle, USA Prof. Constantin Bratianu, Bucharest University of Economic Studies, Romania Prof. Dan Candea, Technical University of Cluj-Napoca, Romania Prof. Martin Henson, University of Essex, United Kingdom Prof. Norbert Grunwald, Wiesmar University of Technology, Germany Prof. Lars Hulgard, Roskilde University, Denmark Prof. Soulla Louca, University of Nicosia, Cyprus Prof. Dumitru Miron, Bucharest University of Economic Studies, Romania Prof. Ovidiu Nicolescu, Bucharest University of Economic Studies, Romania Associate Prof. Marian Nastase, Bucharest University of Economic Studies, Romania Prof. Constantin Oprean, România, University “Lucian Blaga” of Sibiu, Romania Prof. Hanns Pitchler, Wien Economics University Prof. George Plesoianu, Bucharest University of Economic Studies, Romania Prof. Lester Lloyd-Reason, Anglia Ruskin University, Cambridge, UK Prof. Victoria Seitz, California State University, USA v bb22006611__FFMM..iinndddd vv 3300--NNoovv--1155 33::1188::5577 PPMM b2061 Challenges, Opportunities and Tendencies in the Organisation Management vi Board Members Prof. Ion Stegaroiu, “Valahia” University of Targoviste, Romania Prof. Lajos Szabo, University of Pannonia, Veszprem, Hungary Prof. Blandine Vanderlinden, MIME-ICHEC, Brussels, Belgium Scientific Secretary: Lecturer Eduard Ceptureanu bb22006611__FFMM..iinndddd vvii 3300--NNoovv--1155 33::1188::5577 PPMM b2061 Challenges, Opportunities and Tendencies in the Organisation Management Contents Foreword xi About the Editor xiii Part I. International Management and Cultural Diversity 1 Chapter 1. The Role of Large Corporate Boards in the Context of Globalization and Smart Economy: Creating Value for All Stakeholders 3 Mariana Gheorghe Chapter 2. New Management Tendencies and Their Impact on the Form of Capitalism 11 Maria Negreponti-Delivanis Chapter 3. Trends and Developments of Diversity Management at the Global level 19 Stegăroiu Ion, Mubeen Ştefania, Istrate Ciprian, Lile Ramona Chapter 4. Corporate Social Responsibility or Corporate Sustainability of Romanian Enterprises? 25 Zaiţ Dumitru, Onea Angelica, Tătăruşanu Maria, Ciulu Ruxandra Chapter 5. Re-Thinking Our Model of Management in the Light of the Cultural Dimension — A Systemic Approach to the Company 35 Blandine Vanderlinden Part II. Sustainable Development and Business Sustainability 45 Chapter 6. S ocial Capital and Business Sustainability: Defining, Measuring, and Assessing its Impact on Cluster Performance in the Podkarpackie Region of Poland 47 Zbigniew Bochniarz Chapter 7. Integrating Corporate and Academic Alumni into the Drive toward Sustainability 55 Rodica Stefănescu Part III. University Governance and Management 65 Chapter 8. Taxonomies of Internationalization for Higher Education 67 Martin Henson Chapter 9. The Most Pressing Challenges for Romanian Higher Education System in Line with the Bologna Process Values 79 Dumitru Miron vii bb22006611__FFMM..iinndddd vviiii 3300--NNoovv--1155 33::1188::5577 PPMM b2061 Challenges, Opportunities and Tendencies in the Organisation Management viii Contents Chapter 10. University Governance and Competitive Advantage 89 Mihai Korka Chapter 11. Study Programs in English in Non-Anglophone Countries: Looking at Impacts and Challenges from a Romanian Perspective 97 Mariana Nicolae Chapter 12. Romanian Private Higher Education in the Current European Context 107 Folcuţ Ovidiu, Grigore Ramona Part IV. Knowledge-Based Organization, Intellectual Capital, Information, and Management Documents 115 Chapter 13. Contributions to the Evaluation of e-Learning Processes in Higher Education 117 Doina Banciu, Monica Florea Chapter 14. Evaluation of Knowledge Processes Within the Learning Organization 125 Constantin Bratianu, Ruxandra Bejinaru Chapter 15. Universities in Transition: Are Library Directors Facing Changed Demands? 137 Arja Mäntykangas Chapter 16. Knowledge Management in the Information Society — Case Study on e-Services 143 Monica Anghel Chapter 17. Risk Awareness as Key Success Factor for more Efficient Management for Local Public Administrations 151 Markus Bodemann, Marieta Olaru, Ionela Carmen Pirnea Chapter 18. Information and its Entropy — A Measure of Market Complexity 159 Camelia Oprean Part V. Entrepreneurship, Social Enterprise, and SMEs 167 Chapter 19. SME-Conducive Policy Formulation under Systemic Perspectives 169 J. Hanns Pichler Chapter 20. Particularities of the Procesual Organisation in the Medium Knowledge-Based Enterprise 175 Ovidiu Nicolescu Chapter 21. Preparing Our Students for an Entrepreneurial Life: Are Universities Part of the Solution or Part of the Problem 185 Lester Lloyd-Reason Chapter 22. Difficulties in Improving Romanian Companies Management 195 Corneliu Russu Chapter 23. Contributions to Redesigning the Management System in Medium-Sized Enterprises 203 Ion Verboncu, Ciprian Nicolescu Chapter 24. The New Paradigm of Social Enterprise 213 Ana-Maria Grigore bb22006611__FFMM..iinndddd vviiiiii 3300--NNoovv--1155 33::1188::5577 PPMM b2061 Challenges, Opportunities and Tendencies in the Organisation Management Contents ix Chapter 25. Realities and Peculiarities of the Entrepreneurship in Brasov, Romania 219 Camelia Dragomir, Stelian Panzaru, Carmen Lis Chapter 26. ESF Interventions for Promoting Entrepreneurship in Romania 227 Daniela Manuc Chapter 27. C ontributions to the Development and Use of Information Programs Dealing With Human Resources in the Rural Area 235 Simona Biriescu, Mariana Predişcan, Marian Năstase Chapter 28. Management Particularities of the Romanian Social Enterprise 243 Bibu Nicolae, Lisetchi Mihai, Nastase Marian Chapter 29. The Evolution of the Romanian SMEs’ Perceptions Over the Last Decade 261 Luminiţa Nicolescu, Ciprian Nicolescu Part VI. Leadership and Human Resources Management 273 Chapter 30. The Relationship between Leadership Styles, Leader Communication Style, and Impact on Leader–Member Exchange Relationship within the Banking Sector in the United States 275 Theodore G. Pacleb, Mihai C. Bocarnea Chapter 31. T he Effect of Organizational Culture on the Responsiveness of Small and Medium-Sized Enterprises to Environmental Change: An Empirical Study in Romania 289 Michael Stoica, Liviu Florea, Edit Lukacs Chapter 32. Model Proposal for Cluster Implementation in Romania 297 Ion Popa, Cristina Vlăsceanu Chapter 33. Aspects of Human Resources’ Management within Organizations in Braşov, Romania 303 Stelian Panzaru, Camelia-Cristina Dragomir, Tudor Pendiuc, Dan Cojocaru Chapter 34. Managing Individual Performance Appraisal in Project Teams 313 Florin-Ioan Petean, Bogdan Bâlc, Horaţiu Cătălin Sălăgean, Răzvan Dimitrie Gârbacea, Diana Sopon Chapter 35. The Relation between Labor Force Profitability and the Firm’s Personnel Policy 319 Gabriel Sorin Badea, Constanta Popescu, Silvia Elena Iacob Chapter 36. Analysis of Multinational Companies in Romania 329 Eduard Ceptureanu, Sebastian Ceptureanu Part VII. Management of Change, Innovation, and Quality 339 Chapter 37. S tudy Regarding the Correlation between the Changes in the Energy Economy and the Competitiveness of Companies in Germany and Romania 341 Gregor Johannes Weber, Marieta Olaru, Georgiana Marin Chapter 38. Management of Intangible Assets Valorization in Small and Medium Enterprises 349 Constantin Oprean, Mihail Aurel Tîţu, Claudiu Vasile Kifor bb22006611__FFMM..iinndddd iixx 0088--DDeecc--1155 1111::1177::2255 AAMM