• ISSN: 2301-3567 (Print), 2972-3981 (Online)
    • Abbreviated Title: J. Econ. Bus. Manag.
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    • DOI: 10.18178/JOEBM
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HOME > Archive > 2024 > Volume 12 Number 2 (2024) >
JOEBM 2024 Vol.12(2): 109-116
DOI: 10.18178/joebm.2024.12.2.784

The Exploratory Impact of Technology, Organizational Concepts, and Employee Training on Business Performance

Janne Heilala*, Antti Salminen, Wallace Moreira Bessa, and Jussi Kantola
University of Turku, Turky, Finland
Email: janne.p.heilala@utu.fi (J.H.); antti.salminen@utu.fi (A.S.); wallace.moreirabessa@utu.fi (W.M.B.); jussi.kantola@utu.fi (J.K.)
*Corresponding author

Manuscript received November 10, 2023; revised November 30, 2023; accepted January 3, 2024; published April 11, 2024.

Abstract—This paper analyzes exploratory, the findings from Finland's 2022 European Manufacturing Survey (EMS22). The primary focus is on the narrowed Development of Competitiveness and Employment Situations (DCES) measures, measured by parameters such as Annual Turnover (AT), Number of Employees (NE), Manufacturing Capacity Utilization (MCU), and Return on Sales (ROS). The interaction between Organizational Concepts (OCs) and Key Enabling Technologies (KETs) is explored in the context of manufacturing, with attention to Organizing Production (OP), Production Management and Control (PMC), Training and Competency Development (TCD), Production Control (PC), Automation and Robotics (AR), Efficiency Technologies (ET), and Simulation Data Analysis and Additive Manufacturing (SDA). The investigation seeks to understand how OCs and KETs interplay with the key components of DCES in the EMS22 environment. Results illustrate the influence of these aspects on AT and NE, with significant implications for MCU and ROS. Interestingly, the impact of PMC on ROS was marginal, suggesting a contentious relationship. TCD appears to play a supporting role in this context.

Keywords—Industry 4.0, organizational concepts, manufacturing key enabling technologies, correlation modeling

Cite: Janne Heilala, Antti Salminen, Wallace Moreira Bessa, and Jussi Kantola, "The Exploratory Impact of Technology, Organizational Concepts, and Employee Training on Business Performance," Journal of Economics, Business and Management, vol. 12, no. 2, pp. 109-116, 2024.

Copyright © 2024 by the authors. This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).

 

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