Management of Formation of Individual and Corporate Social Capital in the Service Sector

Journal Title: Проблеми економіки - Year 2014, Vol 2014, Issue 2

Abstract

Aim of the paper is to present the results of the study manifestations and patterns of relationship of corporate and individual social capital in the service sector and the practical implementation of the mechanisms of formation of individual and corporate social capital in the traditional management functions. To identify the various manifestations of social capital and assess their organization, a sociological survey was conducted, which covers 118 employees of the firm "NADIA" (Ivano-Frankivsk). To define a set of management actions that are able to "run" the existing capacity of the social capital of the organization and enable productive properties of individual social capital was used the method of "brainstorming." To check on the influence of practice enhancing social capital on economic results of the organization was held large-scale project "Patriot firm." As a result, a system incorporating specific mechanisms for the formation of social capital in the traditional management functions. The implementation of this system in practice during the project "Patriot Company" gave a significant increase in economic performance of hotels and restaurants. Motivator enhancing individual social capital was the prospect of its conversion into other forms of capital, and this has prompted staff to build their own human, intellectual and social capital. The phenomenon of corporate social capital within the organization manifested in the form of cohesion and unity of the collective as a whole and solutions around specific projects. In the external environment, it appears as reputation of the organization, its recognition and commitment to customers.

Authors and Affiliations

Margaryta Boyko, Olena Grishnova

Keywords

Related Articles

Technology of Formation of Registration-analytical Maintenance of Management of Expenses in the System of Strategic Development of the Enterprise

The article provides theoretical researches and methodic recommendations as for creation a managerial costs system. The essence, contents and particularities of process of cost management is revealed. It is connected wit...

The Theoretical and Methodological Platform for Developing a System of Enterprise Adaptation to Changes in the External Environment

The aim of the article is the elaboration of an approach to creation of a theoretical and methodological platform for developing a system of enterprise adaptation to the rapid changes in the external environment, the mod...

Accounting and reporting in small businesses: managerial aspect

The article states that development of small businesses envisages formation and use of a wide spectrum of economic information for providing managerial structure with timely and quality information, which requires creati...

Forecasting development of the network of highways with hard surface with consideration of competitive advantages

The article uses Lotka-Volterra equations to analyse competition between the highway and railway transportation networks and competitive ability of the network with the cement concrete and asphalt concrete road coverings...

Management of Competitiveness of Agricultural Land Tenure

The aim of the article is to study the theoretical and methodological approaches to managing the competitiveness of agricultural land tenure based on knowledge. The paper analyzes the approaches to the definition of the...

Download PDF file
  • EP ID EP110894
  • DOI -
  • Views 88
  • Downloads 0

How To Cite

Margaryta Boyko, Olena Grishnova (2014). Management of Formation of Individual and Corporate Social Capital in the Service Sector. Проблеми економіки, 2014(2), 211-218. https://europub.co.uk/articles/-A-110894