Planning of the Program to Improve the Motivational Policy of the Business Entity in the Service Industry: Factor and Cluster Analysis

The core element of the formation of efficient production is a business entity (enterprise) that defines a vector of transformation changes in the Russian economy, the study of which is particularly relevant in connection with the arisen Crimean events and the introduction of anti-Russian sanctions...

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Main Authors: Olga Vasilevna Fokina, Ludmila Anatolevna Fufacheva, Raisa Aleksandrovna Shchinova, Oksana Sergeevna Agalakova, Olga Leonidovna Tetenkina
Format: Article
Language:English
Published: EconJournals 2016-08-01
Series:International Review of Management and Marketing
Online Access:http://mail.econjournals.com/index.php/irmm/article/view/2734
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author Olga Vasilevna Fokina
Ludmila Anatolevna Fufacheva
Raisa Aleksandrovna Shchinova
Oksana Sergeevna Agalakova
Olga Leonidovna Tetenkina
author_facet Olga Vasilevna Fokina
Ludmila Anatolevna Fufacheva
Raisa Aleksandrovna Shchinova
Oksana Sergeevna Agalakova
Olga Leonidovna Tetenkina
author_sort Olga Vasilevna Fokina
collection DOAJ
description The core element of the formation of efficient production is a business entity (enterprise) that defines a vector of transformation changes in the Russian economy, the study of which is particularly relevant in connection with the arisen Crimean events and the introduction of anti-Russian sanctions. Any business entity consists of capital. That being said, the most "difficult" capital in terms of impact, formation and use is the human capital. In this regard, of particular relevance is practical entrepreneurial activity aimed at obtaining new knowledge about the features of improvement of the motivation policy of the enterprise as an economic concept of a labor potential, identification of the characteristic patterns between the motivation of the company personnel and its performance. The human capital is one of the most important factors of production and operation of enterprise structure, so there is a need to motivate the personnel properly. Identification of the main ways to improve the motivational enterprise policy is greatly simplified by the use of factor analysis, while cluster analysis allows to establish the target segments for planning measures to improve the motivation of the company employees. Keywords: motivational policy, motivation factors, business entity, service industry, factor analysis, cluster analysis. JEL Classifications: L80, O14, O21
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spelling doaj.art-1312783781f14cae8a9761106d6e61ac2023-02-15T16:20:12ZengEconJournalsInternational Review of Management and Marketing2146-44052016-08-0165SPlanning of the Program to Improve the Motivational Policy of the Business Entity in the Service Industry: Factor and Cluster AnalysisOlga Vasilevna FokinaLudmila Anatolevna FufachevaRaisa Aleksandrovna ShchinovaOksana Sergeevna AgalakovaOlga Leonidovna Tetenkina The core element of the formation of efficient production is a business entity (enterprise) that defines a vector of transformation changes in the Russian economy, the study of which is particularly relevant in connection with the arisen Crimean events and the introduction of anti-Russian sanctions. Any business entity consists of capital. That being said, the most "difficult" capital in terms of impact, formation and use is the human capital. In this regard, of particular relevance is practical entrepreneurial activity aimed at obtaining new knowledge about the features of improvement of the motivation policy of the enterprise as an economic concept of a labor potential, identification of the characteristic patterns between the motivation of the company personnel and its performance. The human capital is one of the most important factors of production and operation of enterprise structure, so there is a need to motivate the personnel properly. Identification of the main ways to improve the motivational enterprise policy is greatly simplified by the use of factor analysis, while cluster analysis allows to establish the target segments for planning measures to improve the motivation of the company employees. Keywords: motivational policy, motivation factors, business entity, service industry, factor analysis, cluster analysis. JEL Classifications: L80, O14, O21 http://mail.econjournals.com/index.php/irmm/article/view/2734
spellingShingle Olga Vasilevna Fokina
Ludmila Anatolevna Fufacheva
Raisa Aleksandrovna Shchinova
Oksana Sergeevna Agalakova
Olga Leonidovna Tetenkina
Planning of the Program to Improve the Motivational Policy of the Business Entity in the Service Industry: Factor and Cluster Analysis
International Review of Management and Marketing
title Planning of the Program to Improve the Motivational Policy of the Business Entity in the Service Industry: Factor and Cluster Analysis
title_full Planning of the Program to Improve the Motivational Policy of the Business Entity in the Service Industry: Factor and Cluster Analysis
title_fullStr Planning of the Program to Improve the Motivational Policy of the Business Entity in the Service Industry: Factor and Cluster Analysis
title_full_unstemmed Planning of the Program to Improve the Motivational Policy of the Business Entity in the Service Industry: Factor and Cluster Analysis
title_short Planning of the Program to Improve the Motivational Policy of the Business Entity in the Service Industry: Factor and Cluster Analysis
title_sort planning of the program to improve the motivational policy of the business entity in the service industry factor and cluster analysis
url http://mail.econjournals.com/index.php/irmm/article/view/2734
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