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Course of studies
- IBW - Internationale Betriebswirtschaft (89)
- IBM - International Business Management (38)
- BMP - Business Management and Psychology (23)
- APE - Advanced Precision Engineering (8)
- MZT - Mikromedizintechnik (8)
- IMM - International Management (5)
- EBCD - International Economics, Business and Cultural Diplomacy (1)
- INM - Informatik (1)
- IRCD - International Relations and Cultural Diplomacy (1)
- MBA - International Business Management (1)
The project business in the packaging machine industry is highly volatile. Although the industry is steadily growing, firms face increasing financial constraints due to external, difficult to control, factors. This thesis examines the underlying concepts and processes of a Supply Chain Finance implementation, using the Syntegon Group as an empirical example. Due to the extended payment terms of customers and the currently undergoing refinancing measures, the analysis about potential liquidity increasing measures becomes extremely relevant for Syntegon. The research questions covered focus on cash liquidity increases, working capital improvement and alternatives to Supply Chain Finance solutions.
This research aims to provide an informed recommendation about the implementation of Supply Chain Finance. The research is divided into two major parts. The first part discusses the underlying theoretical frameworks to understand the concept of working capital and supply chain management. These concepts are of great importance for the understanding of Supply Chain Finance and its relevance in today’s globalized world. The second part focuses on a detailed empirical analysis of the Syntegon Group. Hereby, the qualitative research involves expert interviews with various departments of the Syntegon Group. The answers of the interviewees are evaluated based on the different categories. This allows for a direct comparison of the interviewee’s answers.
The quantitative analysis consists of the key figure analyses. These allow an informed statement about the current financial situation of the group. By calculating potential payment term extensions and the consequential cash flow opportunities, an estimation about the benefit of the implementation of Supply Chain Finance can be made. Lastly, the cost-benefit analysis of implementing such a solution versus receiving the money as a bank loan is determined.
The results of the calculation and analyses have shown that payment term extensions offer large cash flow opportunities for the Syntegon Group. Receiving a bank loan in the same amount as the unlocked working capital would result in a lower benefit.
Although further research beyond this thesis is needed, the clear benefits of implementing a Supply Chain Finance solution to increase liquidity are demonstrated.
Das Unternehmen XYZ befindet sich in einer entscheidenden Phase in der Umsetzung der Digitalisierungsstrategie. Im Rahmen dieser Strategie wird die neue Unternehmenshomepage mit dem neuen Onlineshop gekoppelt. Die Plattform fungiert zum einen als zeitgemäßer Onlineauftritt und zum anderen soll dadurch ein neues Rollenverständnis für das Unternehmen geschaffen werden. Herzstück der Plattform ist die mit dem Onlineshop verbundene Onsite Suchfunktion.
Ziel dieser Arbeit ist Teile der Strategie zu analysieren und teilweise kritisch zu würdigen. Um die Suchfunktion für den neuen Onlineshop neben grundlegenden sprachlichen Features zu erweitern, wurde eine Umfrage mit ausgewählten Mitarbeitern durchgeführt.
Die Ausgangssituation dieser Arbeit ist das Unternehmen zu präsentieren. Darauf aufbauend wird die Schnelllebigkeit der Digitalisierung erläutert, sowie die Reaktion des Unternehmens darauf. Kern der Arbeit ist die Analyse von User Experience (UX)- und User Interface (UI)-Komponenten des Shops sowie die Suchfunktion im Allgemeinen, als auch im Kontext von XYZ zu beschreiben.
Darauf erfolgt die Erklärung der Methodik der qualitativen Datenerhebung, welche für die Umfrage eingesetzt wurde. Anschließend werden Ablauf, sowie die dazugehörigen Ergebnisse dargelegt. Das letzte Kapitel liefert einen wertenden Ausblick auf Teile der Ergebnisse und fasst die gesamte Arbeit nochmals reflektierend zusammen. Abschluss der Arbeit bildet eine Diskussion, sowie ein persönliches Fazit.
The onset of COVID– 19 has accelerated digital trends facilitating the rise of social media and the financial technology industry. Especially in the private equity sector, investors are increasing their online presence and marketers need to define a tactical social media plan to improve its integrated marketing communications and facilitate lead generation.
The objective of this thesis is to develop a social media marketing proposal and action plan for the fintech company: Moonfare GmbH. The aim is to identify the most suitable content marketing, social networks and techniques to power sales growth, brand awareness and community engagement through its current social media channels.
In order to develop a deeper understanding, the literature review presents different digital marketing frameworks applied to social media marketing. Moreover, a careful study of the fintech private equity industry is developed through a Porter’s 5 forces model alongside an explanation of the case of Moonfare through a blue ocean canvas.
For the research, secondary data and internal desk research were performed including, statistical insights directly gathered from the company. The study was further designed with an internal and external situation analysis, concluding with a SWOT model and the establishment of objectives through a SMART goals framework. The final action plan is presented in an OGSM model.
Experience Management has established itself in the business environment, first in the context of the customer and user experience and recently also in the context of the employee experience. This bachelor thesis explores how to improve the experience of a particular employee, the expatriate, by experience management. For this purpose, the implementation of existing experience management concepts is examined by using secondary data. The insights gained hereby are then transferred to the expatriate experience. A corresponding procedure is developed and exemplarily applied to Beiersdorf. This includes conducting primary research in the form of qualitative interviews and results in a set of recommendations for action on how the company can improve their expatriate experience. The results suggest that experience management is a promising approach to improve the experience, not only of expatriates but also of international assignees in general, which should be subjected to further research.
Identifying the Core Competencies of European Low-Cost Airlines – An Exemplary Analysis of Ryanair
(2021)
This paper analyses the European industry for short- and medium-haul flights and determines the core competencies of the largest operating low-cost carrier, Ryanair. It further raises the question of whether the successful low-cost business model can be applied to long-haul sectors. The industry analysis utilises Porter’s five forces model and evaluates the factors of change along the PESTLE dimensions. Additionally, a thorough analysis of Ryanair is conducted, including a SWOT analysis and an identification of the airline’s core competencies. Finally, the viability of low-cost long-haul operations is discussed by assessing key low- cost carrier success factors' transferability. The results indicate that the European airline industry is fiercely competitive and largely unattractive to operate in. Ryanair’s core competencies, which are identified within the areas of operations, procurement and management, enable the airline to, nonetheless, operate profitably. This paper also finds that low-cost long-haul routes can be successful when learnings from previous mistakes are made. As the impact of the global pandemic will continue to disrupt long-haul flight operations, it is likely to take until the recovery of travel demand and the delivery of narrow-body long-range aircraft until a successful low-cost long-haul airline erupts. Given the less severe impact on short- to medium-haul flights in Europe, the large and financially strong low-cost carriers may benefit and find themselves in a stronger position relative to full-service airlines upon recovery of travel demand.
Diese Arbeit befasst sich mit der Umsetzung der Richtlinie 96/71/EG über die Entsendung von Arbeitnehmern, kurz EU-Entsenderichtlinie, in den meist bereisten Ländern der CHT Germany GmbH innerhalb der Europäischen Union, des Europäischen Wirtschaftsraums und der Schweiz. Anhand dessen werden Handlungsempfehlungen zur strategischen Ausrichtung der CHT Germany aufgezeigt. Dabei wird die Frage, was die Auswirkungen der EU-Entsenderichtlinie für die CHT Germany GmbH sind, beantwortet. Zusätzlich ist die Beantragung der A1-Bescheinigung bei regelkonformer Abwicklung von Dienstreisen essenziell. Die A1-Bescheinigung bestätigt die Fortgeltung der deutschen Rechtsvorschriften während eines Auslandsaufenthalts des Arbeitnehmers. Bei Nichteinhaltung der rechtlichen Anforderungen drohen monetäre und nicht-monetäre Strafen. Aufgrund dessen ist es für ein Unternehmen wichtig, zu entscheiden, inwieweit Dienstreisen regelkonform abgewickelt werden.
Der Digitalisierung oder digitalen Transformation von Unternehmen wird zunehmend eine wichtige Bedeutung attestiert. Die Prinzipien des Lean Managements werden in einem ähnlichen Ausmaß oftmals gelobt und von einer wachsenden Anzahl an Entscheidungsträgern eingeführt und umgesetzt. Beide Phänomene haben gemeinsam, dass sie einerseits Zeit- und Effizienzgewinne versprechen und andererseits eine – wie bei größeren Veränderungen innerhalb einer Organisation üblich – Inklusion der Betroffenen benötigen, um vorrangig langfristige Erfolge vorweisen zu können.
Diese Bachelorarbeit setzt an diese Ähnlichkeiten im Bereich des Lean Managements und der Digitalisierung an und untersucht zudem, inwiefern eine Integration der Belegschaft eines Unternehmens vonnöten ist. Hierbei wird der Fokus auf die Abläufe im Vertrieb gesetzt. Nachdem eine Klärung der grundsätzlichen Terminologie vorgenommen und der entsprechende wissenschaftliche Stand aufgezeigt wurde, folgte eine Auswertung qualitativer und quantitativer Daten, die im Rahmen einer Umfrage der betrachteten Firma erhoben wurden. Anschließend wurde untersucht, wie ein Lean Office durch eine strategische Digitalisierung erreicht werden kann und ob dies profitabel sein kann. Abschließend wurden anhand der Erkenntnisse Empfehlungen an andere KMU sowie offene Forschungsfragen abgeleitet.
XXXXXXXX, according to XXXXXXXX is a disruptive technology. This technology offers producers several advantages, such as more efficient and sustainable production, as well as cost savings and process optimization. Many producers are under increasing pressure to adapt their production in the long run tothe fast-growing technological standards andincreasing worldwide environmental consciousness. They are now facing the challenge of maintaining their competitive advantage in the medium to long run. Unfortunately, mostcompanies are not familiar with the new XXXXXXXX and XXXXXXXX might encounter rejection. Therefore, it is necessary to understand what actions need to be taken to convince a potential customer in the B2B relationship of the new technology. For this purpose, the following research question is posed: Which strategy supports the market entry of XXXXXXXX printing applications?-The impact of XXXXXXXX on technology introduction. To answer the research question, results were compiled on the basis of a literature research and an online survey on customer needs in décor baseboards and in vehicle interior design.
The research and the survey show, that decisions are always based on an emotional basis. In addition, information which is communicated several times and on different sensory levels, is better absorbed. The aspects sustainability, cost savings, individualization, waiting times and competent consultation play a central role for customers. Moreover, an economic challenge is crystallizing due to the Covid-19 crisis. As a result, the focus should be on emotionalizing and dramatizing the content when presenting the new XXXXXXXX technology. Here, the customer’s wishes should be included, and a personal connection should be built up as well as strong emotions evoked. This enables the creation of a very good customer experience, which is essential for decision-taking. In addition, the communication should take place on all sensory levels to provide the potential customer a multisensory experience. In order to better implement the proposed actions, it is recommended to meet the customer at a trade fair or in the XXXXXXXX building.The correct use of the proposed actions will help XXXXXXXX to successfully convince the potential customer of XXXXXXXX.
As COVID-19 forces school to shutdown, distance learning or homeschooling is increasingly becoming the preferred and safest mode of delivering education. The new trend however, raises underlying questions on the implication it will have on the educational gap and attainment between advantaged and disadvantaged students in Germany, stemming from the diverse economic, cultural and social situation among the student population. This study presents results of a comparative analysis between advantaged and disadvantaged students in Germany using the PISA data 2018. The study investigated, how large the educational gap in Germany between advantaged and disadvantaged students is and what influences this gap. More specifically, what effect COVID-19 induced school interruption has in increasing the educational at- tainment between the student population. The findings show that there is an educa- tional gap between advantaged and disadvantaged students in Germany and socio- economic and cultural factors influence student performance which aligns with the findings in the literature review. Furthermore, school closures of 51 days result to a loss of 3.26, 3.37 and, 4.12 PISA point for advantaged students in maths, science and reading respectively and a loss of 8.4, 8.1 and 5.01 PISA points in maths, sci- ence and reading for disadvantaged students. The results show an increase in the educational outcome and inequality between advantaged and disadvantaged students in Germany. The findings, necessitate the need for policy makers to neutralize the learning losses resulting from the COVID-19 induced remote learning.
For a couple of years, the comparison of active and passive investing has been a big topic in the financial world. For this reason, an abundance of literature on this topic exists and multiple studies have been carried out. The COVID-19 crisis came fast and only little is known about the impact on ETFs and active funds. This scientific paper critically examines both investment strategies during the COVID-19 crisis. The goal is to identify important factors and indicators for investors and whether ETFs or active funds are crisis-proof. To answer these questions a qualitative analysis was conducted. A sample of five experts regarding ETFs and active funds were interviewed with the same questions. The combination of the literature and the qualitative analysis shows that there is no crisis-proof strategy. Nevertheless, a broad and global diversified portfolio and a balanced asset allocation are important factors to make a fund more resistant against a crisis. In addition, the Sharpe ratio was identified as an important indicator for investors. The purpose of this paper is to add value for private investors and enable them to make rational decisions when choosing a fund based on the given indicators.
The market for direct drive technology is said to have great growth potential. In order to increase its presence in this market, two new sensors from SICK Stegmann GmbH are currently in the market launch phase. The aim of this paper is to show the changes and challenges that arise in this market. As a result, new target groups and the resulting change in the distribution channel are proving to be the greatest changes and challenges for the company. Lack of knowledge about the product portfolio of the Motor-Feedback-Systems department on the part of the sales force further intensifies this problem. In this paper, approaches are elaborated on how these challenges can be counteracted and how a successful product launch can be realized. To this end, a training concept will be designed to enable the provision of the necessary product information. Further-more, product purchases of SICK Stegmann GmbH and other locations of the company are analyzed in order to be able to identify a causal relationship. As a result, correlations were identified, which is why cross selling represents another promising approach. Online presence in social media is also becoming increasingly important to companies. Another approach therefore relates to the use of Social Media to attract potential customers. Based on the insights gained in this paper, recommendations are defined, with whose implementation the market potential can be increased.
This thesis examines the changes in collaboration in medium-sized management consultancies due to the increasing virtuality during COVID-19. For this purpose, collaboration is divided into three categories: Team rituals, team dynamics, and communication. The study aims to develop recommendations for companies to deal with these changes based on the insights gained. These findings were obtained and evaluated by means of ten qualitative interviews with management consultants. The result of this research is that virtual collaboration entails both opportunities and risks and is strongly influenced by those three categories, whereby particularly communication plays a key role on a virtual basis.
The number of companies around the globe that are utilizing budgets to cut their costs is rising, especially in times of crisis. However, there seems to be an abundance of budgeting methods. Two of the most well-known methods are Traditional Incremental Budgeting and Zero-Based Budgeting. These two methods will be compared in this research paper on ‘How does Zero-Based Budgeting affect a company’s performance as compared to Traditional Incremental Budgeting?’. In order to give a satisfactory answer to this question annual reports and figures of Mondelez International, Inc. were utilized as the snack and food company has used both budgeting methods in the past.
The research showed that there is a measurable effect on which budgeting method is used by a company. However, the favourable option for one specific company depends on a variety of reasons.
Ziel der vorliegenden Bachelorarbeit ist die Erforschung ökonomischer Effekte des Corona Virus auf den Berufsfußball. Dazu wird folgende Forschungsfrage gestellt:
„Welche wirtschaftlichen Auswirkungen hat Covid-19 auf den professionellen Fußball in Europa?“
Um die Forschungsfrage zu beantworten wird eine Literaturrecherche betrieben. Zunächst wird dafür der Profifußball definiert und die Spezifitäten der Branche aufgedeckt. Im Anschluss werden sowohl die finanziellen Daten vor der Krise als auch die aktuellsten Daten herangezogen, um die Auswirkungen analysieren zu können. Abschließend werden mögliche Lösungsalternativen ausfindig gemacht und bewertet.
Die Studie zeigt, dass die Branche durch den Wegfall von wichtigen Spieltageinnahmen sowie einer bereits vor Covid-19 bestehenden finanziellen Belastung wirtschaftliche Probleme aufweist. Insgesamt weisen die Ergebnisse darauf hin, dass der Profifußball sich zukünftig nachhaltiger aufstellen muss, um Krisenzeiten besser zu überstehen.
Die voranschreitende Globalisierung führt zu einer staatsübergreifenden Verschmelzung von Märkten, wodurch eine internationale Steuerplanung notwendig wird. Konzerne verlagern ihre Funktionen in das Ausland und gleichzeitig werden steuerrechtliche Anforderungen verschärft. Zusätzliche Vorschriften werden implementiert, um Gewinnverkürzungen oder Gewinnverlagerungen einzuschränken und um die Gefahr einer Doppelbesteuerung zu verringern. Neue Auflagen führen allerdings zu Zielkonflikten, was für Unternehmensgruppen steuerrechtliche Risiken und erhöhten administrativen Aufwand bedeutet. Mittelgroße international tätige Familienunternehmen wie die BLOCK Transformatoren-Elektronik GmbH stoßen dabei vermehrt auf Probleme und Unsicherheiten entstehen bei der Umsetzung von steuerrechtlichen Anforderungen, welche durch Betriebsprüfungen angestoßen werden. Die Motivation dieser Thesis ist demzufolge, sich ändernde unternehmensspezifische Anforderungen an ein Verrechnungspreissystem zur Vergütung von europäischen Konzern-Vertriebsgesellschaften in Einklang mit steuerrechtlichen Vorgaben zu bringen.
Das aktuell angewandte System wird dabei hinterfragt und es wird untersucht, ob eine geeignetere Verrechnungspreismethode für den vorliegenden Sachverhalt identifiziert und angewandt werden kann und dabei dem rechtlichen Rahmen gerecht wird. Auf die Definition des Sachverhaltes folgt eine Vergleichbarkeitsanalyse, welche eine Funktions- und Risikoanalyse der beteiligten Unternehmen, eine Untersuchung und Prüfung der betriebswirtschaftlichen Anwendbarkeit der vom Gesetzgeber zugelassenen Verrechnungspreismethoden und eine steuerrechtliche Überprüfung der potentiellen Methoden beinhaltet.
Als Ergebnis der Forschung wurden bei der aktuell angewandten Verrechnungspreismethode wesentliche Risiken und Probleme bei langfristiger Anwendung festgestellt. Des Weiteren wurde eine Methode identifiziert, welche in der Unternehmenspraxis anwendbar ist, den unternehmensspezifischen Anforderungen entspricht und steuerrechtlichen Anforderungen gerecht wird. Durch eine Umstrukturierung könnten die europäischen Vertriebsgesellschaften regelkonform vergütet und eine Planung und Kontrolle der Standorte eingeführt werden.
This study aims to ascertain whether share-repurchasing companies in Germany observe long-term abnormal returns, a phenomenon that has been extensively discussed in literature over the past decades. Germany is an especially interesting market for this analysis, as share-repurchases were only legalized in 1998 and are subject to sterner regulations compared to markets where repurchasing has had a long tradition. The event sample consists of 169 announcements made between June 2008 and May 2013. Each event is observed for three years following the announcement. To calculate abnormal returns, this study employs the Return Across Time and Securities, Calendar-Time Portfolio, and Buy-and-Hold Abnormal Return approaches, which yield statistically significant abnormal returns after three years of 23.72%, 22.81%, and 57.77%, respectively. The results further indicate most of the price adjustment occurs in the 15 months following the announcement, with only minor corrections thereafter. Overall, the findings of this study suggest the existence of long-term abnormal returns for German repurchasing companies.
This paper studies the progressivity of a proposed indirect consumption tax on greenhouse gas emissions: the Carbon Added Tax. To evaluate its progressivity, a microsimulation was created assigning estimated tax burdens to individuals from the Spanish Household Budget Surveys from 2016 to 2019. These were then aggregated to calculate average effective tax rates across income and expenditure deciles as well as a series of progressivity and inequality indices. The resulting statistics and measures showed a strong regressivity of the Carbon Added Tax when measured against income but only a very mild regressivity when measured against expenditures. This study finds that with its mild regressiveness when measured against expenditures, the Carbon Added Tax has the potential to become a viable long-term solution to carbon taxation if adequately designed.
In 2020 a pandemic caused the universities in Germany to close their doors for their
students. For the Hochschule Furtwangen University, it was the first time that online
classes were introduced on a large-scale. The objective of this thesis paper is to
investigate how international students at HFU Business School cope with having online
classes due to COVID-19 and to derive based on those findings a recommended course
of action.
The researcher conducted 32 semi-structured in-depth interviews with international
students, local students, professors, and university employees to examine the status quo.
A thorough literature review on studying and working from home formed the interview
questions' foundation. The interview covered several aspects of students' life, such as
studying, language development, or social factors.
Based on the findings, a recommended course of action was derived. Those 14
recommendations include practical suggestions covering different facets for the
university to implement to improve international students' ability to cope with the
restrictions caused by the pandemic and the resulting online classes successfully.
Customer Relationship Management has focused on numerous data privacy practices in the current information and big data era. The present study focuses exclusively on the declaration of consent (DoC) in the context of the automotive industry, particularly in the sector of premium car manufacturing. A DoC is an individual's authorization to an organization for data processing; within the context of this study, a DoC is referred to as the authorization of an individual for processing its personal data in order to receive personalized marketing communications. Not much is known about the factors that influence individuals to grant such permission. Relevant literature on consumer behavior, permissions marketing, and psychology is reviewed from a marketing perspective to develop a framework based on the privacy calculus, which distinguishes individuals' costs and benefits based on assessing selected cost and benefit drivers. The influence of perceived benefits, incentives, both monetary and non-monetary, consumer control, trust, information protection, and transparency is identified as benefit-associated factors, whereas the influence of opportunity costs entitled to the providing the consent, privacy concerns, intrusiveness, and the quantity of the information supplied by the organizations during the consent collection is identified as costs-associated factors. In accordance with the literature, several hypotheses were formulated to estimate the consumers' intention to consent. This study supports Mercedes-Benz AG to improve its consent capturing management and related processes.
Today, digitalization, and the possibility of being cost-effectively networked worldwide, have a significant impact on many businesses. It is no longer unusual for companies to offer their customer service through a variety of communication channels. Due to increasing customer demand and competition, it is even more important to act strategically to meet all customer needs, including the employees' needs. This thesis aims to determine how Lean Management can contribute to increased workforce efficiency and employee satisfaction in the service sector. Therefore, the current situation in customer service on behalf of the Mercedes-Benz Customer Assistance Center is analysed. This thesis first examines the current internal market situation regarding processes and the well-being of the employees. Based on the surveys conducted, it can be said that Lean Management utilised in bundles can potentially contribute to Customer Service Representatives motivation and increase efficiency. The results show that 50% of the employees do not prefer working on the phone and reveals the current customer service challenges during home office and how they can be counteracted. Additionally, it becomes clear that the employees themselves are the most important, and their satisfaction contributes to the company's overall success. Nevertheless, this thesis is based more on assumptions through theory and the interpretation of the empirical data. It serves more as a recommendation for future action in a leaner way.
The topic of education and web-based training in particular in the technical domain has gained wide acceptance as an effective medium for enterprises to deliver learning and training for their employees and customers. Since learning through the web has several didactic challenges to face, companies must choose the adequate learning method to deliver training to their employees. In the case of Bosch Communications Systems, using web-based training for instruction in the field of professional audio engineering, software remains a subject of investigation and constant innovation. The present study aimed to determine which method of web-based training is better to apply for Expert Level learning on the use and configuration of the sound system software SONICUE. To achieve so, the instructional design of the two methods of study, video tutorial and simulation tutorial, were developed based on cognitive theories. Learning outcomes and levels of user experience of both methods were measured and compared. A sample of 31 participants of Bosch Communications Systems, divided into the two tutorial groups, took part in the present research. Results indicated no significant differences in learning outcome; however, the video tutorial received higher levels of preference among participants and was perceived in a more positive manner than the simulation tutorial in terms of practicality, design, features and navigation. The results of this evaluation reflect the importance of incorporating cognitive research based frameworks to improve the learning quality.
Gesellschaftliche Megatrends und ihre Auswirkungen stellen insbesondere kleine und mittelständische Unternehmen vor große personelle Herausforderungen. Die vorliegende Arbeit beschäftigt sich daher mit der Frage, wie KMU, vor dem Hintergrund der häufigen Problematik mangelnder Führung und Personalentwicklung und unter Einbeziehung der Mitarbeiter und Führungskräfte, eine „echte“ Führungskultur etablieren können. Hierfür wird mittels einer reinen Literaturrecherche ein Leitfaden erarbeitet, der auf die für KMU typische Struktur und Größe abgestimmt ist und geeignete Maßnahmen und Instrumente zur Führung und Entwicklung der Mitarbeiter sowie Befähigung der Führungskräfte für ihre Führungsrolle aufzeigt. Damit ist auch das Ziel der Arbeit definiert. In den einzelnen Kapiteln werden die generelle Situation und Problematik von KMU hinsichtlich der Themen Personalführung und -entwicklung behandelt. Ebenso wird der Führungsbegriff näher beleuchtet, sowie die wichtigsten Aufgaben und Anforderungen, die sich an Führungskräfte stellen, genauer betrachtet. Als Schlüsselfaktor für die erfolgreiche Etablierung einer Führungskultur in KMU hat sich insbesondere der institutionalisierte Einsatz von Mitarbeitergesprächen als ein zentrales Führungsinstrument herausgestellt.
Purpose - The venture capital (VC) company Antler is striving for a gender balanced start-up program. Nevertheless, with average numbers of 21% - 32% of female founders within their programs in Europe, Antler can still improve their numbers of female entrepreneurs. The purpose of this thesis is to conduct general research on women entrepreneurship and to develop a strategy on how Antler could increase their numbers of female business founders in their programs.
Methods - The thesis reviews literature on female entrepreneurship to conduct general research and internal company data is used to analyse the current position of Antler with regard to their female company founder representation within their programs. Expert interviews are conducted to gain information about biases at Antler and the significance of females within the entrepreneurial industry.
Findings – In order to increase their ratio of female entrepreneurs in their start-up programs, Antler should focus on a long-run approach and stay in contact with the women who did not join Antler initially, as many of them need more time to be convinced. Media coverage can raise awareness, educate and give women role-models of successful female company founders. Quotas and legal guidelines could change the numbers of female entrepreneurs right now, until a change in the mindset and social views towards women is created.
Limitations - As this thesis is based on internal company data, it is only covering the perspective of the venture capital company Antler and the European market. Further research would be needed to widen the conclusions.
Value - This thesis shows the importance of female entrepreneurs and the difficulties they face. It provides Antler with information and a strategy on how to increase their numbers of female entrepreneurs in their start-up programs.
Während der Digitalisierung stehen viele Bereiche des Unternehmens vor einer digitalen Transformation. Das Controlling steht auch vor großen Veränderungen, die viele Chancen und Risiken mit sich bringen. Ziel dieser Arbeit ist es, die Auswirkungen der Digitalisierung und der damit verbundenen neuen Technologien wie Big Data, Business Analytics und Machine Learning auf das Controlling zu übertragen. Es stellt sich die Frage, welche Auswirkungen die Digitalisierung auf das Controlling haben wird und wie sich die Rolle des Controllers in Zukunft ändern wird. Zur Beantwortung der Forschungsfrage wurden die neuen Technologien definiert und auf das Controlling übertragen. Mit Hilfe wichtiger Studien war es möglich, die Rollen des Controllers in der Zukunft zu definieren und die Chancen und Risiken zu erläutern. Als Ergebnis dieser Arbeit wurde festgestellt, dass das Controlling vor weitreichenden Veränderungen steht und der Einsatz neuer Technologien die Rolle des Controllers verändern wird. Die Ergebnisse sind im Fazit zusammengefasst.
Diese Bachelorarbeit zeigt Empfehlungen auf, welche bei der Projektplanung und Projektumsetzung eines digitalen Lernkonzeptes mit einem LMS beachtet werden sollten. So können Projektziele erreicht werden, welche zum Erfolg des Konzeptes und damit des Projektes führen. Durch das Konzept soll eLearning in einem mittelständischen Familienunternehmen eingeführt werden. Es ist ersichtlich, dass die Integration der Zielgruppe in das Projekt zum Erfolg führen kann. Auch bedarf es einer Akzeptanz von Veränderungen und Weiterbildung. So kann es zur Nutzung des Konzeptes kommen. Dieses kann dabei bei aktuellen Herausforderungen der vorliegenden Unternehmensform helfen.
This thesis is written based on secondary research to understand the main determinants of purchase intention of Generation Y women towards Fast Fashion products and how important is sustainability among those determinants. There are many different studies dedicated to Generation X and Z, however, when it comes to Generation Y there are not many sources available. I decided to put them together in this study.
This thesis consists of secondary researches, mostly journal articles and case studies from different countries, with detailed specific information.
The gathered information is categorized into 3 small hypotheses, which include theoretical and practical approaches.
More research can be made conducting primary research in different countries using physical stores and online stores.
While the global economy is suffering from the consequences of COVID-19, China has managed to tackle the crisis and was able to restart the national economy within a few months. The objective of this study is to identify how the German industry in China was able to restart after the impact of the COVID-19 crisis. The conducted research is based on two underlying research questions: “How did the German industry in China overcome the COVID-19 crisis?” and “which future trends are emerging in German companies because of the COVID-19 crisis?”. To answer these questions, qualitative expert interviews with representatives of the German industry in China were conducted. As experts for their respective company, the interviewees were able to provide firsthand experience for this research. More specifically, they were questioned about the measures that were taken to combat the epidemic, their impact on the economy and potential trends that may emerge as a result of the crisis. The interviews showed that the Chinese government and German companies both implemented effective measures to fight the economic impact of the epidemic. Furthermore, the study was able to identify future trends that stem from the concepts that were developed to overcome the crisis. The COVID-19 outbreak was a catalyst for these trends. The risk-based containment approach of the Chinese government in combination with the measures taken within the companies, such as the immediate establishment of task forces and the implementation of alternate working models, was a successful strategy to overcome the COVID-19 crisis. Recognizing the trends that emerged from the crisis and acting accordingly will be essential for German companies.
The COVID-19 crisis in 2020 shook the whole world with an enormous impact on the global economy and every belonging area. Mergers and Acquisitions are an integral part of the corporate management used by companies to generate growth from outside the company. Even though mergers and acquisitions are likely to support company’s growth, it carries risks which can enhance in times of crisis. This scientific term paper aims to analyze the impact of the COVID-19 crisis on companies and their mergers and acquisitions. Using interviews with representatives from companies from different branches, the results show that the impact on the mergers and acquisitions activities have been marginal. Companies were able to handle negative impacts from the COVID-19 crisis due to different indicators of crisis resistance. As a result of this research, it proves that mergers and acquisitions do not react causally to business operations due to middle- to long-term orientation. According to experts, the COVID19 crisis did not carry negative impacts only. The crisis showed companies their grievances in digitalization and led to the implementation of more flexible forms of work. The results of this research are useful for companies to benchmark their level of crisis resistance in terms of further crisis.
Der Investitionsprozess stellt einen wesentlichen operativen Bestandteil zur Zielerreichung der Unternehmensstrategie dar. Durch das Tätigen von Investitionen kann eine nachhaltige Wertsteigerung, ein langfristiges Wachstum oder die Sicherung des Unternehmens in Bezug auf den Wettbewerb gewährleistet werden. Das zentrale Problem besteht jedoch darin, die richtige Wahl der Investition zu treffen und vor allem unter Berücksichtigung eines begrenzt zur Verfügung stehenden Budgets einen effizienten Einsatz der finanziellen Mittel sicherzustellen. Anhand theoretischer Grundlagen der Investitionsrechnung wurde in Bezug auf den Bauchemie-Konzern Sto SE & Co. KGaA ein Investitionsprozess erarbeitet, welchem es ermöglicht, Investitionen zunächst zu kategorisieren und diese anschließend anhand ihrer quantitativen sowie qualitativen Nutzen zu bewerten, um letzten Endes eine objektive Grundlage für die Realisationsentscheidung zu schaffen. Die Bewertung umfasst dabei modifizierte Formen der klassischen Investitionsrechnungen, die Nutzwertanalyse hinsichtlich der qualitativen Eigenschaften sowie die Einführung eines Risiko-Managements. Mittels Outranking-Verfahrens werden die Investitionen einer Kategorie in Bezug auf die ermittelten Kennzahlen miteinander verglichen und unter der Berücksichtigung der Unternehmensstrategie der Sto SE & Co. KGaA selektiert. Die Selektion des Outranking-Verfahrens erfolgt in Form einer Rangfolge, welche die Investitionen in Bezug auf ihre Vorteilhaftigkeit filtert. Das Unternehmen erhält dadurch eine sachliche Darstellung der sinnvollsten Investitionen, wodurch der Entscheidungsprozess, auch im Falle eines begrenzten Budgets, aktiv unterstützt wird.
In dieser Arbeit wird eine Analyse von Bewertungsverfahren durchgeführt. Das Ziel die- ser Untersuchung ist es, jene Bewertungsverfahren zu identifizieren, die für die Bewer- tung der hTRIUS GmbH, einem Start-up, am geeignetsten sind. Diese qualitative Arbeit befasst sich nicht ausschließlich mit dem theoretischen Hintergrund, sondern bezieht die praktische Unternehmensbewertung der hTRIUS GmbH sowie ein Experteninterview mit ein. Die Unternehmensbewertung von Start-ups ist zum einen stark von der Planung und zum anderen von der Unternehmensphase abhängig. Andere Faktoren wie ein Unterneh- mensverkauf spielen bei der Wahl des Bewertungsverfahrens ebenfalls eine große Rolle. Für die hTRIUS GmbH stellt sich das DCF-Verfahren als am geeignetsten heraus, jedoch weisen jegliche Bewertungsverfahren Schwachpunkte auf. Diese bestehen darin, dass Faktoren, die nicht in Form einer finanzwirtschaftlichen Kennzahl zu erfassen sind, bei der Unternehmenswertermittlung exkludiert werden. Demzufolge muss in der Zukunft eine Lösung gefunden werden, diese Werte ebenfalls in die Bewertung aufzunehmen.
Marketing strategy remains a critical driver of customer satisfaction and competitiveness in the banking industry globally. Despite this, private and government banks in Germany are yet to attain required customer satisfaction levels. Studies on the relationship between service quality and customer satisfaction revealed both positive and negative results. The main purpose of this study was to analyse the effects of service quality on customer satisfaction in the German Banking sector. Deutsche bank offenbach am main branch was used as a case. The target population was 2000 customers; holders of either a savings account, current account or both. 120 questionnaires were administered using a non- probability sampling technique known as the convenience sampling. 100 out of the 120 questionnaires came back complete. Data was analyzed using SPSS version 25. The results revealed that service quality significantly contributed to customer satisfaction at (Adjusted R2 = 0.733, p<.05). It was concluded that service quality contributes to customer satisfaction. From the survey, other factors that influence customer satisfaction in the German banking sector include, account security, proximity, customer expectations and perceived valued of service quality, employee’s behavior and management. The study recommends a more emphasis on improving and maintaining high service quality levels translating to customer satisfaction. Therefore, the research provides a validated service quality model that can be used to clearly measure levels of service quality in relation to levels of customer satisfaction
The aim of this research is to provide a holistic overview of the influences on the intention to invest in the context of behavioral finance. For this purpose, a model was created in which the effects of the theory of planned behavior, financial risk propen-sity, and the self-determination theory on the intention to invest were examined. With the help of nine hypotheses, the significance of the relations within the model, as well as a mediation effect were analyzed. In order to test these hypotheses, a quantitative survey querying the above-mentioned possible factors and further questions about the participants' investment behavior was created and sent to all students at Furtwangen University. Results showed that all relations within the model were significant and that especially attitudes and financial risk propensity had a pronounced influence on the intention to invest. However, several variables for self-determination theory had to be eliminated to guarantee validity and reliability of the model. The findings of this study enable financial institutions, such as banks, to actively influence and en-courage customers to invest or to purposefully develop new investment products to gain additional customers.
This bachelor thesis is about the digital transformation and the resulting need for new business models. Additionally, the Servitization is changing the business environment as well. Together with new technologies such as the Internet of Things, this digital Servitization is creating threats and new opportunities for businesses. Therefore, the goal of this thesis is to conceptualize a Smart Home as-a-Service business model for a drive- and control technology manufacturer with the example of Somfy and to test it in qualitative expert interviews with potential Business-to-Business customers.
The research questions addressed and answered in this thesis are:
(a) „How can a concept of an as-a-Service business model in the field of smart home to expand the market segment from single to multi-family houses by a new target group of a drive and control technology manufacturer look like?“
Question (a) is answered with a concept based on the Service Business Model Canvas. It is a Business-to-Business-to-Consumer business model, where the residential construction companies build in the necessary hardware in new residential buildings. This is the prerequisite for the focal company Somfy to offer tenants smart home applications in a subscription model.
(b) „How is the relevance, value, and feasibility of the Smart Home as-a-Service concept assessed by residential construction companies?“
Question (b) is tested with qualitative expert interviews. The results indicate a high relevance for the Business-to-Business customers. Additionally, offering Smart Home as-a-Service would create various values for residential construction companies, such as an additional selling feature, while the model is being assessed as generally feasible. Further research is suggested for example in the take-rate of the tenants.
In the wake of global warming, consumers and companies are increasingly attaching importance to a more sustainable performance. Nowadays, this performance is often disclosed in so-called Integrated Reports, which focus on sustainable and non-financial information. However, the problem is that there are still no uniform accounting and auditing standards for disclosing such information.
For this reason, this work aims to investigate whether one can apply traditional financial auditing concepts to the audit of sustainable and non-financial information in an Integrated Report.
To answer the research question, qualitative research was conducted through an expert interview with staff from the Climate Change and Sustainability Services department at Ernst & Young Wirtschaftsprüfungsgesellschafts GmbH. The focus was on four key audit concepts: Understand the Business, Determining Materiality, Accounting Estimates, and Identification of Fraud Risk. In addition, this research examined how the traditional job description of the auditor will change in the future, considering the increasing importance of sustainable and non-financial information.
The research results showed that the financial audit concepts often serve as the basis for auditing non-financial and sustainable information. However, it was also found that transfer was not possible in some places. This was due to the lack of taxonomy, processes, or difficulty in quantifying qualitative information. In addition, research made it possible to identify new risks, such as the creation of new incentives through variable compensation linked to sustainability performance. Furthermore, challenges, and opportunities for the future of the Integrated Report and suggestions for the application of the concepts, could be elaborated.
The video game industry has come a long way from its humble beginnings in a computer lab at the Brookhaven National Laboratory’s instrumentation group to a multi billion-dollar industry. Considering that the gaming industry is a relatively young industry, it has faced a substantial amount of structural changes and shifts that were intensified by mega trends (i.e. Digitalization) that influence every industry in a certain way. One of these structural changes was the emergence of smaller studios, also known as “indie studios”. Even though these studios have always been a part of the industry, they themselves and their games respectively have gained a lot of appreciation and support over the last decade. Some of these titles even managed to upset those of the big and established studios, also referred to as AAA studios. The most dominant factors that allowed for the emergence and the success of smaller studios were the drastically reduced entry barriers (i.e. free development kits, online distribution websites) and the supportive environment offered to them (e.g. university programs, incubators). Yet, some studios manage to generate better results with their games than other studios do and therefore remained capable of competing in the industry. This circumstance inspired this thesis to identify the KSFs (i.e. Key Success Factors), also referred to as CSFs (i.e. Critical Success Factors) that allow for a successful launch of the game. Generally speaking, KSFs are those business areas and activities that, if executed in a proper way, enable a company to compete successfully in a given market. Since their introduction in 1961 by D. Ronald Daniel, a consultant with McKinsey & Company, the KSFs have been the subject of many studies and academic research papers. A majority of the research tends to focus on applying the KSF methods to more established industries (i.e. healthcare, construction). In addition to that most of the research conducted within the field of KSFs tends to gravitate around identifying and forecasting the KSFs that might be of interest for a given time period instead of focusing on a dedicated event such as the launch of a product. This thesis therefore provides the first comprehensive research on the KSFs in the context of the gaming industry, with special regard to the smaller studios (i.e. indie studios) and the launch period of a game.
First and foremost, this study aims to identify the KSFs that are of great importance to the successful launch of a given game. Furthermore, it tries to research how these KSFs are identified and implemented by the studios. Additionally, it will be researched if the studios are using the traditional model outlined by Howell, M. (2010) or if they rely on other methodologies to identify and implement the relevant KSFs for a successful launch. Lastly, it will be analysed, how smaller (i.e. indie studios) determine whether or not a game was a success and what metrics they use for this evaluation.
The study relied on secondary data provided by scientific journals, books, conference papers from the fields of busines, project management, strategic management and gaming. Since the available scientific literature for this specific research topic was considerably scarce, a lot of the needed content and references used in this thesis were acquired through practical research.
The research followed a hybrid approach, indicating that quantitative as well as qualitative research methods were applied. The qualitative research was conducted in the form of interviews with six industry experts that all had contributed in their way to successful game launches in the past. They were thoroughly researched and evaluated before being contacted in order to ensure their ability to contribute to answering the research question. The data and inputs gathered from the qualitative research were used throughout the theoretical part of the thesis in order to compensate for the continous lack of academic resources and to support the claims made by the author. Furthermore, the data was used to create the survey (i.e. quantitative research) that would be distributed among 409 potential participants. Similar to the quantitative research, these participants were also thoroughly researched and evaluated in order to ensure the legitimacy of the results.
Findings suggest that smaller studios (i.e. indie studios) are not familiar with the traditional model proposed by Howell(2010), which tends to be employed larger corporations in rather established industries. Yet they are familiar with the concept of KSFs and determine as well as implement them through agile project management, which has its origins in the software development industry. This way studios are able to adjust and adapt their KSFs at a faster pace, which is essential due to dynamic environment they operate in. The results indicate that a majority of the participating studios use the Scrum development method in order to determine and implement the required KSFs for developing and launching their games. A significant number of studios rely on dedicated agile project management software programs that aid the companies throughout the project lifecycle. The most popular programs being Trello and Jira. The qualitative research identified a total of 22 potential KSFs that are deemed to be important for the successful launch of a game. The most crucial KSFs were considered to be the following:
- Team chemistry & intrinsic motivation & internal communication
- Budgeting & scheduling & scoping
- Selecting distribution channel & front-page promotion
- Presentation of game on websites & USP
- Active community on social networks & strong customer support & transparency
The results indicate that the traditional one dimensional metrics (i.e. sales level) of evaluating the success of a game launch might no longer have the highest weight in the opinion of studios. The success tends to be determined by a set of one-dimensional metrics, which are quantifiable (e.g. sales levels, positive reviews) and multi-dimensional metrics which are not quantifiable (e.g. learning experience, fulfilment).
Summing up, there might not be such a thing as a “magic formular” that will ensure the success of a game launch. Yet, the research aims to provide suggestions based on the findings from practical research that could be of usage to studios when launching their next game.
Die Coronakrise trifft die deutsche Wirtschaft mit voller Wucht. Klein und mittelständische Unternehmen sind der Motor der deutschen Wirtschaft und finanzieren sich verstärkt über Bankkredite. Ziel der vorliegenden Arbeit ist es herauszufinden, welche Auswirkungen die Coronakrise, sowohl für klein und mittlere Unternehmen als auch für die kreditvergebenden Banken hat. Dabei sollen zukünftige Folgen und mögliche Entwicklungen aufgezeigt werden.
Um dies zu beantworten, wird in der Arbeit auf die staatlichen Förderhilfen, die Kreditnachfrage- und Ratingveränderungen, die Entwicklung ausfallgefährdeter Kredite und die Kreditmargen eingegangen. Unterstützt wurde die Arbeit durch die Sparkasse Schwarzwald-Baar, die sowohl interne Kreditdaten als auch Experteneinschätzungen in Form eines Interviews bereitstellte.
Eine große Bedeutung bei der Unternehmensfinanzierung spielten 2020 staatliche Förderprogramme der Bundesregierung. Ohne die schnellen Hilfen wären viele Unternehmen bislang nicht durch die Krise gekommen. Diese Förderhilfen bieten auch Risiken, die in den kommenden Jahren erhebliche Auswirkungen mit sich führen werden. Die Nachfrage nach neuen Krediten ist im Verlauf der Coronakrise kurzzeitig stark gestiegen. Langfristig ist mit einem passiven Investitionsverhalten und einer sinkenden Kreditnachfrage der Unternehmen zu rechnen. Die Bonitätseinschätzung der Unternehmen im Ratingprozess hat sich je nach Branche und Zeitpunkt unterschiedlich entwickelt.
Es gibt viele Verlierer, aber auch Gewinner der Coronakrise. Die Krise beschleunigt einen Strukturwandel. Einige Branchen werden an Bedeutung verlieren, während andere in den nächsten Jahren an Wichtigkeit gewinnen werden. Die Höhe der ausfallgefährdeten Kredite ist zum Jahresende 2020 noch moderat. Nach Ablauf der Förderprogramme ist 2021 mit einem Anstieg an Insolvenzen im Unternehmenssektor zu rechnen, was die Risiken in den Kreditportfolien der Banken ansteigen lässt. Die Margen im Kreditgeschäft sind aufgrund der hohen Anzahl an KfW-Krediten rückläufig geworden.
Zoom fatigue - a phenomenon that has been occurring during the COVID-19 pandemic. Social distancing regulations forced numerous companies into home office, which shifted the internal communication to video conferencing platforms. Nevertheless, these solutions do not offer the same interactive atmosphere and social factor as face-to-face meetings. That is the reason why some people experienced a sense of distance and a lack of motivation and concentration.
Virtual reality collaboration platforms are a digital solution resembling a serious game situation that could solve the problem of impersonal teamwork. With this application users could meet in the virtual space, giving them enhanced possibilities to interact with their team members and work together on projects regardless of the distances in location.
As the platform is an innovation that is new to the market, the awareness about this product is not yet widely spread. With the help of an effective marketing mix and a market launch strategy, potential users should therefore be informed about this possibility, leading to a successful implementation of the platform in various institutions. To gain insights into the market and gather information about the target group an analysis through literature research as well as a survey has been carried out. The results showed that the market shows a general interest in virtual reality collaboration platforms. Nevertheless, several respondents expressed their lack of understanding and imagination to use the platform constructively in their professional environment. Additionally, expected high expenses and the lack of technical equipment could be an obstacle to implementing virtual reality collaboration platforms in traditional work processes. Therefore, the mission for the market launch strategy will be to develop a marketing mix that responds effectively to all questions and inspires organisations to discover their possibilities and benefits with this digital solution.
This thesis examines bank-internal, industry-specific and macroeconomic determinants of bank profitability in the Western European banking sector with specific focus on determinants related to risk management and regulation. A linear panel analysis and a dynamic panel data analysis are conducted based on a sample of 53 Western European banks over the post-crisis time period from 2011 until 2019. This time period lies in-between the end of the financial crisis and the beginning of the COVID-19 pandemic. The results of the panel analysis show a stronger relationship between bank profitability and bank-internal determinants than bank-external determinants. Credit risk and operational efficiency are found to be the most significant determinants of profitability. This implies that especially factors in control of the bank management are central to safeguard and advance profitability but regulation is needed to prevent procyclical decision-making by managers.
As globalization continues and markets are getting more international, skilled workers from different cultural backgrounds providing language skills as well as expertise about local customs can be a competitive advantage and key success to succeed on foreign markets. Further, cross-cultural teams are said to be more effective compared to homogenous teams. However, this is only the case if this team is managed and led by a good leader. Poorly led cross-cultural teams often underperform and are highly ineffective. Therefore, a leader of cross-cultural teams has to handle cultural differences in addition to his motivating and inspiring responsibilities.
A highly discussed ability of leaders that should have a significant influence on team performance and effectiveness is “Emotional Intelligence”. The model of Emotional Intelligence includes the capability to correctly appraise, express and regulate one’s own and others’ emotions as well as to manage emotions for better outcomes. Some proponents of Emotional Intelligence even consider these abilities as more crucial as an individual’s general intelligence.
However, Emotional Intelligence has its origins mainly in Western literature and research, and there is a lack of comprehensive research on cultural influences on Emotional Intelligence. This implies that an individual is probably considered as emotionally intelligent in one culture but fails in recognizing and handling emotions in other cultural setting.
This work provides a review on research on the field of intelligence and the development of the concept of emotional intelligence, the basis of emotions as well as leadership requirements. Further it will be analysed how the abilities of recognizing, regulating, and managing emotions differ among different national culture.
The result implies that abilities relating to emotional intelligence differ strongly among cultures and the cultural background of an individual has significant impacts of his/her emotional intelligent abilities. Moreover, an individual that is emotional intelligent in his/her own culture might not be emotional intelligent in another culture. Therefore, an emotionally intelligent leader might succeed in positively influencing his followers if they are from the same cultural background but fails when leading a cross-cultural team.
Limitations of the findings are the dominant Western literature about the topics as well as the complexity of emotions and culture.
Die kontinuierliche Optimierung innerbetrieblicher Logistikprozesse ist eine notwendige Maßnahme, um den Einfluss fehleranfälliger Prozesse zu reduzieren und die Prozessqualität zu sichern. IT-gestützte Systeme sind dafür ein vielversprechender Ansatz. In der Cockpit Vormontage, Halle 56, im BMW Werk Regensburg, sind Fehler bei der Behälterbereitstellung am Durchlaufregal aufgetreten. Um diesem Problem entgegenzuwirken, umfasst die vorliegende Arbeit die Erarbeitung eines prozess- und softwarebezogenen Konzepts für die Unterstützung der Behälterbereitstellung im Rahmen der Kommissionierung am Durchlaufregal und baut auf den Projekten der „Papierlosen Logistik“ der BMW Group auf. Dabei wird ein IT-gestütztes „Put-to-Light“ Kommissioniersystem mittels der Integration digitaler Displays (ePapers) mit visueller Blinkfunktion konzipiert.
Das Ziel ist, mit möglichst geringem Einsatz von Ressourcen die aktuellen Schwachstellen zu beseitigen, um nach dem „Poka Yoke“ Prinzip die Fehler im Ist Prozess zu reduzieren. Im Rahmen dieser Bachelorarbeit erfolgt dazu zuerst eine Analyse des Wertstroms in Halle 56. Daran orientierend werden das Optimierungspotenzial, die Konzeptidee sowie die Anforderungen an die Funktionalität des IT-gestützten „Put-to-Light“ Kommissioniersystems identifiziert und beschrieben. Darauf aufbauend werden die prozessseitige Umsetzung und die softwareseitigen Maßnahmen erläutert. Das Potenzial der Konzeption wird mithilfe unterschiedlicher Bewertungskriterien verifiziert. Neben der Analyse von Risiken wird nach dem MTM-System die Veränderung der Prozesszeit beurteilt. Zusätzlich werden auf Basis qualifizierter Abschätzungen sowie Erfahrungswerten die fehlerhaften Behälterbereitstellungen im Ist-Prozess quantifiziert. Die Wirtschaftlichkeit wird mittels der Kapitalwertmethode bewertet. Um einen werks- und unternehmensübergreifenden Nutzen zu erzielen, werden abschließend Rahmenbedingungen für die Skalierbarkeit definiert. Unter den aktuell gegebenen Rahmenbedingungen ist der Kapitalwert allerdings negativ und somit eine Investition nicht angebracht. Im Hinblick auf die prozessseitige Fehlerreduzierung wird ein „schwaches“ „Poka Yoke“ erreicht. Bei geänderten
Rahmenbedingungen, zum Beispiel der unternehmensübergreifenden Einführung einer eindeutigen Behälteridentifikation, ist das Konzept neu zu bewerten.
The economic consequences of the COVID-19 pandemic on the clubs of the Deutsche Eishockey Liga
(2021)
The COVID-19 pandemic is impacting the entire world in every aspect of life. The global economy is experiencing enormous setbacks in every economic sector. Specifically, the sports industry is facing a massive revenue loss since the outbreak of the virus, resulting from the implementation of pandemic containment measures. Every professional sports league has to adapt to the given circumstances and create solutions to keep the operational business alive. This study focuses on the clubs of the Deutsche Eishockey Liga. Due to the novelty of the topic, previous literature has hardly mentioned the economic consequences and long-lasting effects on the organizations and their ecosystem. In addition, the pandemic is a continuous process, leading to new results and insights consistently. To this end, the present research highlights the economic consequences of the pandemic and exhibits the conditions under which the league operation can be executed.
Following a qualitative research design to answer the research questions, a detailed literature review and analysis was carried out to provide theoretical delineations. Subsequently, primary data was collected through six semi-structured interviews with managers of a sample of DEL clubs to explore the problems, concerns and attitudes towards the pandemic’s effects.
The results demonstrate that the main source of income of the clubs are partly or completely eliminated because of the pandemic. In particular, ticketing and sponsorship, which are the main sources of income for the clubs, were affected. Overall, the outbreak of the virus led to a chain reaction of events, ultimately impacting the league operation. Consequently, the clubs need to rethink their business model and implement tactics to conquer this situation. Furthermore, the league operation of the 2020-2021 season can only be guaranteed if risk minimization actions and crisis management strategies are applied.
In sum this research provides a clear and transparent overview of the operational business of the DEL clubs under the effects of the pandemic. In addition, this research represents a starting point for future comparison and functions as a guidepost and support for a post pandemic economic analysis.
The current mechanisms and information sources for international students in Germany are insufficient. This thesis aims to evaluate the need for potential substitutes of preexisting information sources. Specifically, it analyzes if a commercial service provider can operate as a successful alternative. To investigate current mechanisms and their shortcoming, former information sources were assessed and evaluated. Additionally, five expert interviews were conducted gaining a time accurate evaluation of the present situation. The results show that current information sources are too bureaucratic and restricted in their actions. Nonetheless, the findings also display that there is a great need for optimal and effective access points. This thesis concludes with an analysis of a likely business model, and how it would successfully operate within the Chinese market. Conclusively, a commercial service provider has the optimal prerequisites to fulfill the current demands of international students.
This thesis should serve as a model to plan an efficient and smart solution when handling the phase-out process of products by XXXXXXXXXX in form of a 10-year life cycle plan. A deeper look into the product life cycle of three absolute rotary encoder families will be taken: A3M, ARS and ATM. These families are subdivided into different sizes, mechanics and electrical interfaces. By means of a status quo analysis, future trends and tendencies, regarding interface usage, technological changes or industries, will be identified. A survey is being executed to get a clearer perspective and to find out why customers bought a particular encoder: What types of machines are the products being used in? What requirements do the customers need for the future? The outcome of the survey will help to develop successor or alternative products that meet customer needs. The affected encoders are up to 20 years old and have reached the decline phase of their product life cycles. In addition to that, the production of some components of the encoder types mentioned above are being discontinued. In order to identify how much stock of the terminated parts is available, a last time buy range analysis will be conducted. Thereby, a range can be calculated which states how many more years the product can be sold. However, this is a linear calculation which means it is based on the consumption of the previous years. It is very much likely that by considering the insights of the survey regarding future tendencies, the consumptions will develop on an irregular basis, which means that it will decline more and more every year and not stay constant. This is crucial for planning the phase-out of the encoder families. Some of the discontinued parts are not only used for ATM, ARS and A3M but also for other encoders. Building on this knowledge, different phase-out scenarios for the three encoder families will be created. The strategically most fitting one for the respective encoders will be identified by means of a utility value analysis. After concluding the final strategy, a communication strategy will be elaborated to complete this academic paper.
Mental health is becoming a more important topic in the workplace, and it is not anymore only addressed in employee's free time. Due to increased sick leave, costs are rising for companies, the company's reputation could be improved, and productivity could be raised.
To prevent and handle common mental disorders in the workplace better, the research paper focuses on how a corporate culture should look like.
If the corporate culture is supportive and understanding, employees will feel secure enough to disclose their common mental disorder. If there is no stigmatization and judgment, people will feel normal no matter if they are diagnosed or at risk of a mental health problem.
Also, if people are empathetic and know each other well, colleagues, managers, and bosses will recognize stress and adapt to employee's tasks and jobs, which will prevent common mental disorders at all.
As a result, the board of management should think about how the current corporate culture is and how a supportive culture looks like that shows empathy and understanding.
Small measurements and selected interventions can make a huge difference.
This paper aims to evaluate the European Green Bond market's current state by analyzing the issuer countries, types, and sectors. Moreover, the impact of regulatory developments in the last two years on the market is analyzed. As a basis for discussion, both literature review and qualitative research in the form of a semi-structured interview were conducted. The interviews were held with four market experts to gain insight into the actual market's reaction to the EU Green Bond Standard and the upcoming EU Taxonomy. In detail, the following questions are answered: What is the current state of the European Green Bond Market? How many bonds are currently issued in Europe and in which countries? Which entities are the most active issuers, and to which sectors do they belong? What are the current developments with regards to regulations? How might upcoming regulations affect the market actors? The European green bond market made up 45% of the global market in 2019, dominated by Germany, France, the Netherlands, Sweden, Spain, and Italy. The market is still in its growth phase, with the amount issued nearly doubling each year. With the introduction of an EU Green Bond Standard, detailed standardization and framework is established. It will help issuers to overcome market barriers such as the risk of greenwashing and helps in identifying eligible projects. However, with the alignment of the EU GBS, an entity has to align with the extensive EU Taxonomy as well, which represents entry barriers to else willing corporations. Whether an activity counts as green or not based on thresholds is defined by the classification of economic activities. The thresholds are heavily discussed in the market as either too high and excluding whole sectors from the market or too low and not ambitious enough. The alignment with the EU GBS and thus with the EU Taxonomy is connected to various efforts. Nonetheless, it offers a great chance for the market by emphasizing the need for climate action. Through this, a strong green market can emerge and hopefully impacts the world positively.
Die vorliegende Bachelorarbeit wurde in Kooperation mit der ZF Friedrichshafen AG verfasst, welche am 1. Januar 2021 eine neue unternehmensinterne Division für Elektromobilität gegründet hat. Im Zuge der Umstrukturierung in dem Unternehmen soll die Digitalisierung der internen Kommunikation vorangetrieben werden.
Ziel der Arbeit ist es, im Rahmen der Neugründung der Division zu erarbeiten, wie die bisherige Nutzung digitaler Medien ausgebaut werden kann, wie digitale Medien als Informations- und Kommunikationsmittel bei den verschiedenen Mitarbeitergruppen des Unternehmens wahrgenommen werden und wie die interne Kommunikationsabteilung die Mitarbeiter der neuen Division am besten durch digitale Medien erreichen und beteiligen kann. Für die Analyse wurden interne Dokumente, Experteninterviews sowie eine internationale Mitarbeiterumfrage als Erhebungsinstrument herangezogen.
Anhand der Forschung der Arbeit zu dem Thema der internen Kommunikation mit einem besonderen Fokus auf digitale Medien, kann eine Basis für ein digitales Kommunikationskonzept innerhalb der neuen Division erarbeitet werden. Zusätzlich werden Handlungsempfehlungen bezüglich der Integration der gefundenen Ergebnisse in das bereits bestehende Kommunikationskonzept der internen Kommunikation abgeleitet.
In light of the rising commoditization of products, manufacturers worldwide are adopting the strategy of offering value-added services to remain competitive. With the emergence of the new single-use technology, it is becoming increasingly difficult for traditional endoscope manufacturers to create competitive advantage by enhancing the product quality.
The aim of this paper is to investigate how value-added services can effectively differentiate the company KARL STORZ in the single-use endoscope market. In this
regard, insights into the decision-making process of customers in the medical technology industry are provided.
Qualitative exploratory research in form of in-depth expert interviews with KARL STORZ sales & marketing managers and physicians were conducted to gather new ideas and perspectives about the research topics.