Volume 113

This research explores the key factors influencing successful organizational change through case studies of Netflix and FinoTechno. With the development of science and technology, enterprises should consider the continuous updating of organizational change to maintain their innovation and competitiveness while pursuing benefits throughout the process of expending. It utilizes the SWOT analysis, McKinsey 7-S Framework, Kotter’s Eight-Step Change Model, and Lewin's Three-Stage Change Management Model to analyze technological advancements, integration of diverse teams, and maintaining a competitive edge. The analysis found that the development strategies of FinoTechno and Netflix should emphasize common values, communication networks and leadership commitment, enhance corporate reputation, and require significant investment in technology infrastructure and customer education. The findings highlight the importance of leadership, communication, and strategic alignment in managing change. Recommendations offer actionable strategies for enhancing technological infrastructure, fostering a unified organizational culture, and driving innovation. These insights provide valuable lessons for organizations navigating complex change processes.

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This study looks at global supply chain risks and remedies in the context of Apple Inc.'s supply chain, which is renowned for being efficient and complicated. Apple's supply chain management strategy (SCM) optimizes costs and efficiency by integrating the planning and control of manufacturing, distribution, and sales. Efficient worldwide product delivery and very high operational standards are guaranteed by centralized strategic decision-making and collaboration with key suppliers like Foxconn. The report emphasizes how Apple uses cutting-edge logistics technology to reduce risks like supply interruptions and geopolitical unrest, which are becoming more common in today's international marketplace. Additionally, the study holds that in order to gain a long-term market competitiveness and manage a more uncertain external environment, today's smart device and electronic equipment manufacturers represented by Apple need to embrace the wave of digital transformation and increase resilience through strategic innovation and the construction of ethical and sustainable supply chains. This entails building morally and environmentally sound supply networks as well as implementing strategic innovations that increase supply chain resilience. Businesses that use this approach not only mitigate short-term risks but also establish a strong basis for sustained prosperity, guaranteeing their ability to adjust and prosper in the dynamic international arena.

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The property insurance industry is a highly data-driven sector. In the traditional model, insurance pricing largely depends on the self-reported risk characteristics of clients, such as age, gender, vehicle type, etc. These characteristics help insurance companies categorize clients into different risk levels and set premiums accordingly. With the development of telematics, insurance companies can now collect and analyze more dynamic data that is more directly related to risk. This study presents a comprehensive analysis of three feature selection models for vehicle insurance pricing. Utilizing regression techniques, it evaluated a multitude of factors believed to influence claim frequency and severity. Through a rigorous comparative study, key factors that significantly impact the vehicle are assessed and fit to different regression models. The article’s findings indicate that factors such as policy bonus, mileage base data, and car usage are paramount in determining insurance rates. Moreover, the study revealed that incorporating these factors into the pricing model enhances its accuracy and fairness.

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This study aims to explore the relationship between employee benefits and job satisfaction in the sales industry and analyze how improving employee benefit programs can affect employee job satisfaction. Through literature review and in-depth interviews with employees of sales companies of different sizes, this paper analyzed various types of employee benefits and their potential impact on employee satisfaction. The study utilized psychological and social theoretical models, such as Maslow's Hierarchy of Needs and Herzberg's Two-Factor Theory, to construct an analytical framework. The research findings indicate that certain key elements in employee benefit programs, such as health insurance, training and development opportunities, and work-life balance policies, have a significant effect on improving sales personnel's job satisfaction. Furthermore, through a case study of Starbucks Corporation, this paper further verified that implementing comprehensive and competitive employee welfare strategies in a sales environment can significantly enhance employee loyalty and reduce turnover rates. The study provides specific management recommendations for enterprises in the sales industry, emphasizing the importance of establishing or improving employee benefit plans to enhance employee satisfaction and business performance.

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As China strives to meet the challenges of an ageing population, the need for an effective healthcare system for the elderly is becoming increasingly urgent. The traditional family-centred mode of care, deeply rooted in Chinese filial piety, has become inadequate in the face of modern social change. With a rapid ageing population and a rising incidence of chronic diseases, the demand for healthcare services is expected to grow significantly. This article explores the limitations of the current family-centred mode of ageing care, including the strain placed on families and the lack of adequate healthcare resources, especially in rural areas. The article argues for a shift to a community-based caring mode that provides more comprehensive and sustainable solutions by integrating specialised healthcare services in local communities. Comparing the situation in China to the community healthcare system successfully implemented in Japan, this paper highlights the potential benefits of adopting a similar strategy while taking into account China's unique demographic and regional challenges. Finally, the article argues for a more equitable and efficient healthcare system in China to meet the needs of its rapidly ageing population.

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The Russian-Ukrainian conflict was one of the most fierce geopolitical conflicts in the world and it is considered to reshape the global supply chain because Russia and Ukraine are exporters of many products which are the raw materials for various industries, such as crude oil, food and metals, leading to a shortage and hence a rise in the price level. It especially caused disruptions in the supply chain of the automobile industry, keeping the wire harnesses from Russia and Ukraine from being exported. This study conducts secondary research with a SWOT analysis of the automobile industry in Asia and Europe, by taking China and Germany as the main subjects for analysis, because the two countries have the largest automobile industry in their continent. The study compares the effect of the conflict in both regions and provides suggestions. It fills the research gap by comparing the effect of supply chain disruptions across regions.

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Exploring the effect of job happiness across Asian countries is helpful to companies’ growth, industries’ progress, and employees’ satisfaction in Asia. Also, it will help employees find motivation and impulse to work hard with happiness. In recent years, Asia faces a substantially higher risk of low work productivity, anxiety, and depression compared to other regions globally, raising serious concerns about workplace well-being in the area. For example, Asia's work productivity score is 47.2 out of 100, significantly lower than the 66.7 score in the U.S. and 60.1 in Europe. This paper examines several factors of job happiness, including working time, working pressure, and supportive human resources. The apparent problems include balance between job happiness and job performance, allocation of resources and the methods of finding job happiness. To solve the problem of finding a balance between job happiness and job performance, this paper suggests companies to investigate employees regularly to set the most reasonable working time and justifies that there is no universal working time for every company. To allocate resources with an organization better, this paper suggests organizations to assess employees both individually and collectively, and to let every employee have an equal access to get promotions. To help employees have more strong motivation, this paper suggests organizations to construct a virtuous and moral culture for employees to study. Also, employees should have appropriate demands and collective goals to work for.

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The purpose of the study is to explores the critical role of systems thinking in enhancing the competitive advantage of Small and Medium-sized enterprises (SMEs) in rural areas. System thinking is the ability to understand and manage the interrelationships between different components of a challenge or problems. This kind of thinking is likely to be the key ability to navigate complex and dynamic rural market environment. Employees with strong systems thinking abilities can impact on the strategic-making and operation of rural SMEs by problem-solving skills and flexible management capacity. This paper sates that by leveraging system thinking, SMEs in rural areas can not only overcome the unique challenges they face, such as limited resources and geographical limitation, but also capitalize on opportunities and enhance the position in the market. The findings suggest that developing systems thinking skills among employees is an important strategy for SMEs in rural area to maintain and enhance their competitive advantage in the dynamic change environment.

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In today’s fast-paced business environment, improving productivity is the key focus of organizations in many industries, and sleep is one of the factors which may significantly productivity. This paper aims at exploring the relationship between sleep and productivity, as well as the factors that are considered influential to individuals’ sleep quality. Factors that are considered influential to sleep quality can generally be categorized into four categories: environmental, physical, psychological, and behavioral. These factors have been proven to have influences on sleep, which in turn would have influences on workplace productivity. With employees who consistently have low-quality sleep are likely to be negatively impacted on multiple aspects, including cognitively, psychologically, and physically. These negative impacts that poor sleep have on individuals are not only damaging to their own health but would also decrease their productivity at the workplace as employees. This paper also discusses the methods that can be used by both employers and employees which could help improve employees’ sleep quality, as it is crucial to workplace productivity.

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The luxury industry is a highly competitive field that has become a part of people's lives. The development of luxury industry is one of the key research topics today. The research topic of this paper focuses on the luxury brand Balenciaga. The research method of this paper is SWOT analysis to explore Balenciaga's core competitive advantages, market challenges, development opportunities and existential threats. The significance of this study is to understand how Balenciaga develops and stands out in the fierce competition in the luxury market. This study introduces the brand history and market position of Balenciaga. In the analysis of the problem, the competitive advantages of Balenciaga are studied, such as the combination of design innovation and tradition. In addition, there are challenges, such as the damage of communication crisis to the brand. However, this paper examines opportunities for Balenciaga's development, such as the use of digital strategies. But there are threats, such as Balenciaga's highly controversial advertising, which has brought a crisis to the brand's reputation. The conclusion shows that these strategies are of great significance to the market management of the luxury industry and are of great value in academic research.

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