Research on Sustainable Management Strategies for the Machine Tool Industry during the COVID-19 Pandemic in Taiwan
Abstract
:1. Introduction
2. Literature Review
2.1. The Theory of Dynamic Capability
2.2. The Theory of Fuzzy Delphi Method
2.3. The Theory of Analytic Network Process
2.4. The Sustainable Management Strategy
3. Methodology
3.1. Research Procedure
3.2. Fuzzy Delphi Method, FDM, and Dynamic Capabilities Theory, DCT
3.3. Participants
3.4. Discuss the Sustainable Business Strategy of the Machine Tool Industry under the COVID-19
4. Result
4.1. Drawing up Machine Tool Industry Business Strategy Factor Dimensions and Indicators
4.2. Fuzzy Delphi Method (FDM) Analysis
4.3. Analytic Network Process (ANP) Analysis
4.4. Analysis of Business Strategy and Management Implication
- (1)
- Diversified learning and innovation ability
- (2)
- Integration of multiple knowledge
- (3)
- Ability to learn across departments
- (4)
- Ability to adapt to the external environment
- (5)
- Marketing strategy ability
5. Discussion
6. Conclusions
Author Contributions
Funding
Institutional Review Board Statement
Informed Consent Statement
Data Availability Statement
Conflicts of Interest
References
- Krithiga, P.; Sudharsana, V.; Sribalaji, R.; Snega, C. COVID 19 Pandemic: Assessment of Knowledge and Attitudes in Biomedical Waste Management among Health Care Professionals in Tamil Nadu. Asia Pac. J. Health Manag. 2021, 16, 154–164. [Google Scholar] [CrossRef]
- Oum, T.H.; Wang, K. Socially Optimal Lockdown and Travel Restrictions for Fighting Communicable Virus Including COVID-19. Transp. Policy 2020, 96, 94–100. [Google Scholar] [CrossRef]
- Donthu, N.; Gustafsson, A. Effects of COVID-19 on Business and Research. J. Bus. Res. 2020, 117, 284–289. [Google Scholar] [CrossRef] [PubMed]
- Taiwan Machine Tool & Accessory Builders’ Association. Production and Sales Statistics. Available online: https://www.tmba.org.tw/ (accessed on 21 October 2021).
- Bologa, O.; Breaz, R.E.; Racz, S.G.; Crengani, M. Using the Analytic Hierarchy Process (AHP) in Evaluating the Decision of Moving to a Manufacturing Process Based Upon Continuous 5 Axes CNC Machine-Tools. Procedia Comput. Sci. 2016, 91, 683–689. [Google Scholar] [CrossRef] [Green Version]
- Rogers, M.L.; Joiner, T.E. Exploring the temporal dynamics of the interpersonal theory of suicide constructs: A dynamic systems modeling approach. J. Consult. Clin. Psychol. 2019, 87, 56–66. [Google Scholar] [CrossRef]
- Homan, A.C.; Gündemir, S.; Buengeler, C.; van Kleef, G.A. Leading diversity: Towards a theory of functional leadership in diverse teams. J. Appl. Psychol. 2020, 105, 1101–1128. [Google Scholar] [CrossRef]
- Teece, D.J. Dynamic capabilities and entrepreneurial management in large organizations: Toward a theory of the (entrepreneurial) firm. Eur. Econ. Rev. 2016, 86, 202–216. [Google Scholar] [CrossRef]
- Borland, H.; Ambrosini, V.; Lindgreen, A.; Vanhamme, J. Building Theory at the Intersection of Ecological Sustainability and Strategic Management. J. Bus. Ethics 2016, 135, 293–307. [Google Scholar] [CrossRef] [Green Version]
- Sensuse, D.I.; Purwandari, B.; Rahayu, P. Defining e-Portofolio Factor for Competency Certification Using Fuzzy Delphi Method. Turk. Online J. Educ. Technol. TOJET 2018, 17, 25–33. [Google Scholar]
- Chang, P.-L.; Hsu, C.-W.; Chang, P.-C. Fuzzy Delphi method for evaluating hydrogen production technologies. Int. J. Hydrogen Energy 2011, 36, 14172–14179. [Google Scholar] [CrossRef]
- Tseng, M.-L.; Bui, T.-D.; Lim, M.K.; Lewi, S. A Cause and Effect Model for Digital Sustainable Supply Chain Competitiveness under Uncertainties: Enhancing Digital Platform. Sustainability 2021, 13, 10150. [Google Scholar] [CrossRef]
- Murray, T.Y.; Pipino, L.L.; van Gigch, J.P. A pilot study of Fuzzy set modification of Delphi. Hum. Syst. Manag. 1985, 5, 76–80. [Google Scholar] [CrossRef]
- Ishikawa, A.; Amagasa, M.; Shiga, T.; Tomizawa, G.; Tatsuta, R.; Mieno, H. The Max-Min Delphi Method and Fuzzy Delphi Method Via Fuzzy Integration. Fuzzy Set Syst. 1993, 55, 241–253. [Google Scholar] [CrossRef]
- Saaty, T.L. Decision making—The analytic hierarchy and network processes (AHP/ANP). J. Syst. Sci. Syst. Eng. 2006, 13, 1–35. [Google Scholar] [CrossRef]
- Jou, G.T.; Yuan, J.C. Application of DEMATEL and ANP to the R&D Project Selection. Inst. Manag. Technol. Natl. Chiao Tung Univ. 2014, 22, 543–572. [Google Scholar]
- Noori, A.; Bonakdari, H.; Morovati, K.; Gharabaghi, B. Development of optimal water supply plan using integrated fuzzy Delphi and fuzzy ELECTRE III methods—Case study of the Gamasiab basin. Expert Syst. 2020, 37, e12568. [Google Scholar] [CrossRef]
- Dalkey, N.C. The Delphi method: An experimental study of group; Rand Corporation: Santa Monica, CA, USA, 1969. [Google Scholar]
- Li, J.; Cui, T.; Yang, K.; Yuan, R.; He, L.; Li, M. Demand Forecasting of E-Commerce Enterprises Based on Horizontal Federated Learning from the Perspective of Sustainable Development. Sustainability 2021, 13, 13050. [Google Scholar] [CrossRef]
- Kaur, J.; Bhardwaj, N. Their Control will Make or Break the Sustainable Clothing Deal-A Study of the Moderating Impact of Actual Behavioural Control on the Purchase Intention-Behaviour Gap for Sustainable Clothing in India. Australas. Account. Bus. Financ. J. 2021, 15, 82–98. [Google Scholar] [CrossRef]
- Schmandt, J.; Ward, C.H. Sustainable Development: The Challenge of Transition; Cambridge University Press: Cambridge, UK, 2000. [Google Scholar]
- NIKOLIĆ, V.M.; VUKIĆ, T.M. Sustainable Development as a Challenge of Engineering Education. Therm. Sci. 2021, 25, 1921–1933. [Google Scholar] [CrossRef]
- Lee, H.; Lee, K.; Lee, J.H. The Various Effects of Technology Trade on the Sustainable Market Value of Firms in OECD Countries. Sustainability 2021, 13, 12671. [Google Scholar] [CrossRef]
- Kota, H.B.; Singh, G.; Mir, M.; Smark, C.; Kumar, B. Sustainable Development Goals and Businesses. Australas. Account. Bus. Financ. J. 2021, 15, 1–3. [Google Scholar] [CrossRef]
- Polychronopoulos, D.; Dahle, Y.; Reuther, K. Exploring the Core Values of Entrepreneurs: A Comparison to the United Nations 17 Sustainable Development Goals. In Proceedings of the 2021 IEEE International Conference on Engineering, Technology and Innovation (ICE/ITMC), online, 21–23 June 2021; pp. 1–9. [Google Scholar] [CrossRef]
- Wang, Q.; Huang, R. The impact of COVID-19 pandemic on sustainable development goals—A survey. Environ. Res. 2021, 202, 111637. [Google Scholar] [CrossRef]
- Sarkar, B.; Dissanayake, P.D.; Bolan, N.S.; Dar, J.Y.; Kumar, M.; Haque, N.; Mukhopadhyay, R.; Ramanayaka, S.; Biswas, J.K.; Tsang, D.C.; et al. Challenges and opportunities in sustainable management of microplastics and nanoplastics in the environment. Environ. Research. Jan. 2021, 112179. [Google Scholar] [CrossRef] [PubMed]
- Prada-Ríos, J.; García, N. Demography of Attalea nucifera: Sustainable management and conservation of a threatened species of Colombia. Caldasia 2020, 42, 313–325. [Google Scholar] [CrossRef]
- Damke, L.I.; Gomes, C.M.; Kneipp, J.M.; Godoy, T.P.; Motke, F.D. Sustainable management practices and innovation capacity in family agribusinesses. Environ. Qual. Manag. 2021, 30, 5–20. [Google Scholar] [CrossRef]
- Sehnem, S.; Martignago, G.; Farias Pereira, S.C.; Chiappetta Jabour, C. Sustainable Management at a University in Light of Tensions of Sustainability Theory. RAC-Rev. Adm. Contemp. 2019, 23, 182–206. [Google Scholar] [CrossRef]
- Ali, M.R.; Islam, M.R.; Islam, M.H.; Osamu, K.; Kosuke, M. Potential of peatlands in Bangladesh and sustainable management strategy. Agric. Eng. Int. CIGR J. 2020, 22, 65–74. [Google Scholar]
- Chung, S.H.; Weaver, R.D.; Jeon, H.W. Sustainable Management of Remanufacturing in Dynamic Supply Chains. Netw. Spat. Econ. 2020, 20, 703–731. [Google Scholar] [CrossRef]
- Helfat, C.E.; Peteraf, M.A. Managerial cognitive capabilities and the microfoundations of dynamic capabilities. Strateg. Manag. J. 2015, 36, 831–850. [Google Scholar] [CrossRef]
- SOUZA, E.M.; FORTE, S. A Contribution to the Theoretical Structure for Cognitive Dynamic Capability. Rev. De Adm. Mackenzie 2019, 20, 1–30. [Google Scholar] [CrossRef] [Green Version]
- Ping, W. Connecting the Parts with the Whole: Toward an Information Ecology Theory of Digital Innovation Ecosystems. MIS Q. 2021, 45, 397–422. [Google Scholar] [CrossRef]
- Lifshitz-Assaf, H.; Lebovitz, S.; Zalmanson, L. Minimal and Adaptive Coordination: How Hackathons’ Projects Accelerate Innovation without Killing It. Acad. Manag. J. 2021, 64, 684–715. [Google Scholar] [CrossRef]
- Bengtsson, L.; Lakemond, N.; Laursen, K.; Tell, F. Open Innovation: Managing Knowledge Integration across Multiple Boundaries; Oxford University Press: Oxford, UK, 2016. [Google Scholar] [CrossRef]
- Munro, M.M.; Belanger, C. Analyzing external environment factors affecting social enterprise development. Soc. Enterp. J. 2017, 13, 38–52. [Google Scholar] [CrossRef]
- MEDDOUR, H.; MAJID, A.H.A.; YUSOFF, R.Z. Organizational Capacity, Organizational Motivation, External Environment and Knowledge Transfer and Sharing: A Conceptual Framework. Int. J. Econ. Perspect. 2016, 10, 47–57. [Google Scholar]
- Samiee, S.; Chirapanda, S. International Marketing Strategy in Emerging-Market Exporting Firms. J. Int. Mark. 2019, 27, 20–37. [Google Scholar] [CrossRef]
- Saha, R. Adoption of Low-Cost Branding and Marketing Strategies for Entrepreneurs. J. Manag. Pract. 2021, 6, 1–10. [Google Scholar]
- Ruolin, L. Shift in Consumer Goods Marketing Strategy Network Economy. Front. Econ. Manag. 2021, 109. [Google Scholar]
Type of Industry | Duty Position | Gender | Educational Background | Seniority |
---|---|---|---|---|
Company A | manager | M | Bachelor. Mechanical | 31–35 years |
Company B | manager | M | Master. Materials engineering | 11–15 years |
Company C | manager | F | Ph.D. Industrial management | 15–20 years |
Company D | CEO | M | Master. Mechanical | 11–15 years |
Company E | manager | M | Master. Precision machinery | 11–15 years |
Company F | manager | M | Bachelor. Mechanical | 11–15 years |
University A | professor | M | Ph.D. Educational statistics | 15–20 years |
University B | professor | M | Ph.D. Mechanical engineering | 15–20 years |
Dimension and measurement factors of sustainable operation strategy in the machine tool industry | Research dimension | Question of the questionnaire |
Integration ability | 1. Integration of resources 2. Brand Positioning 3. Integration of multiple knowledge 4. Manufacturing system integration 5. Backward Integration | |
Learning ability | 1. Creative learning ability 2. Adaptability to environmental changes 3. Diversified learning and innovation ability 4. Ability to learn across departments 5. Organizational learning ability | |
Quality improvement | 1. Changes in the business environment 2. Quality analysis and diagnosis capabilities 3. Improve management efficiency 4. Ability to handle quality abnormalities 5. Green productivity ability | |
Environmental adaptation | 1. Ability to adapt to the external environment 2. Ability to adapt to the internal environment 3. Ability to adapt to environmental uncertainty 4. Ability to adapt to changes in the international environment 5. Market environment capability analysis | |
Marketing ability | 1. Marketing strategy ability 2. Sales ability 3. Operational capacity 4. After-sales service capability 5. Market research ability |
Criteria | Ci | ai | Oi | Mi | Mi | Zi | Mi-Zi | Gi | |||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dimension | Min | Max | Min | Max | Min | Max | Ci | ai | Oi | ||||
Integration ability | 8 | 9 | 9 | 10 | 9 | 10 | 8.42 | 9.42 | 9.87 | 1.44 | 0 | 1.44 | 9.01 |
Learning ability | 8 | 9 | 9 | 10 | 10 | 10 | 9.19 | 9.99 | 10 | 0.92 | 0 | 0.92 | 10 |
Quality improvement | 8 | 10 | 9 | 10 | 10 | 10 | 8.78 | 9.78 | 10 | 1.22 | 0 | 1.22 | 10 |
Environmental adaptation | 8 | 9 | 9 | 10 | 10 | 10 | 8.55 | 9.55 | 10 | 1.34 | 0 | 1.34 | 10 |
Marketing ability | 8 | 9 | 9 | 10 | 10 | 10 | 8.55 | 9.54 | 9.89 | 1.22 | 0 | 1.22 | 9.01 |
Total | 5 | Threshold | 7.69 |
Criteria | Ci | ai | Oi | Mi | Mi | Zi | Mi-Zi | Gi | |||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dimension | Min | Max | Min | Max | Min | Max | Ci | ai | Oi | ||||
Integration of resources | 7 | 8 | 8 | 9 | 8 | 10 | 7.64 | 8.53 | 9.52 | 1.88 | −1 | 2.88 | 8.38 |
Brand Positioning | 7 | 9 | 7 | 8 | 8 | 9 | 7.00 | 7.89 | 9.00 | 2.00 | −2 | 0 | 5 |
Integration of multiple knowledge | 9 | 10 | 9 | 10 | 10 | 10 | 9.31 | 9.86 | 10.00 | 0.66 | 0 | 0.66 | 10.00 |
Manufacturing system integration | 7 | 8 | 8 | 9 | 9 | 10 | 7.78 | 8.65 | 9.64 | 1.88 | −1 | 2.88 | 8.26 |
Backward Integration | 8 | 9 | 8 | 9 | 9 | 10 | 8.65 | 9.65 | 9.87 | 1.22 | 0 | 1.22 | 9.00 |
Creative learning ability | 8 | 9 | 9 | 10 | 8 | 9 | 8.77 | 9.78 | 9.77 | 1.11 | 0 | 1.11 | 9.00 |
Adaptability to environmental changes | 9 | 10 | 10 | 10 | 10 | 10 | 9.85 | 10 | 10 | 0.12 | 0 | 0.12 | 10.00 |
Diversified learning and innovation ability | 7 | 8 | 8 | 9 | 9 | 10 | 7.42 | 8.33 | 93.31 | 1.88 | −1 | 2.88 | 8.65 |
Ability to learn across departments | 7 | 8 | 8 | 9 | 9 | 9 | 7.31 | 8.20 | 9.20 | 1.88 | −1 | 2.88 | 8.77 |
Organizational learning ability | 8 | 9 | 9 | 10 | 9 | 10 | 8.31 | 9.31 | 9.76 | 1.44 | 0 | 1.44 | 9.00 |
Changes in the business environment | 7 | 8 | 8 | 9 | 10 | 10 | 7.64 | 8.65 | 9.65 | 2.00 | −1 | 3.00 | 8.34 |
Quality analysis and diagnosis capabilities | 7 | 8 | 8 | 9 | 8 | 9 | 7.00 | 8.00 | 8.88 | 1.89 | −1 | 2.89 | 7.00 |
Improve management efficiency | 7 | 9 | 7 | 9 | 9 | 10 | 7.55 | 8.43 | 9.43 | 1.88 | −1 | 2.88 | 8.51 |
Ability to handle quality abnormalities | 9 | 10 | 9 | 10 | 9 | 10 | 9.76 | 10 | 10 | 1.45 | 0 | 1.45 | 10.00 |
Green productivity ability | 8 | 9 | 8 | 9 | 9 | 9 | 8.31 | 9.32 | 9.76 | 1.46 | 0 | 1.46 | 9.00 |
Ability to adapt to the external environment | 8 | 8 | 7 | 9 | 9 | 10 | 8.25 | 9.25 | 9.31 | 1.57 | −1 | 2.57 | 9.00 |
Ability to adapt to the internal environment | 6 | 8 | 7 | 8 | 7 | 9 | 7.08 | 8.08 | 9.09 | 2.01 | 0 | 2.01 | 8.00 |
Ability to adapt to environmental uncertainty | 8 | 9 | 9 | 10 | 10 | 10 | 8.22 | 9.23 | 9.82 | 1.57 | 0 | 1.57 | 9.00 |
Ability to adapt to changes in the international environment | 9 | 10 | 9 | 10 | 8 | 10 | 9.21 | 10 | 10 | 10 | 0 | 0.25 | 10.00 |
Market environment capability analysis | 9 | 10 | 10 | 10 | 10 | 10 | 9.55 | 10 | 10 | 0.45 | 0 | 0.45 | 10.00 |
Marketing strategy ability | 8 | 9 | 9 | 10 | 10 | 9 | 8.22 | 9.22 | 9.76 | 1.55 | 0 | 1.55 | 9.00 |
sales ability | 6 | 8 | 7 | 8 | 7 | 8 | 6.99 | 7.78 | 8.63 | 1.64 | 1 | 0.64 | 7.62 |
Operational capacity | 8 | 9 | 8 | 10 | 8 | 9 | 8.24 | 9.24 | 9.25 | 1.50 | 0 | 1.50 | 9.00 |
After-sales service capability | 9 | 10 | 10 | 10 | 10 | 10 | 9.76 | 10 | 10 | 0.24 | 0 | 0.24 | 10.00 |
Market research ability | 9 | 10 | 10 | 10 | 10 | 10 | 9.44 | 10 | 10 | 0.56 | 0 | 0.56 | 10.00 |
Total number of research dimension selected | 25 | Threshold | 7.79 |
Dimension | Dimension Weighted | Capability Indicator | Capability Indicator Weighted | Object Weighted | Ranking |
---|---|---|---|---|---|
Integration ability | 0.225 | Integration of resources | 0.293 | 0.054 | 7 |
Integration of multiple knowledge | 0.372 | 0.096 | 2 | ||
Manufacturing system integration | 0.153 | 0.031 | 17 | ||
Backward Integration | 0.245 | 0.044 | 10 | ||
Learning ability | 0.304 | Creative learning ability | 0.169 | 0.032 | 15 |
Adaptability to environmental changes | 0.230 | 0.042 | 11 | ||
Diversified learning and innovation ability | 0.645 | 0.161 | 1 | ||
Ability to learn across departments | 0.336 | 0.060 | 3 | ||
Organizational learning ability | 0.270 | 0.054 | 6 | ||
Quality improvement | 0.128 | Changes in the business environment | 0.130 | 0.024 | 21 |
Improve management efficiency | 0.236 | 0.048 | 8 | ||
Ability to handle quality abnormalities | 0.149 | 0.028 | 19 | ||
Green productivity ability | 0.152 | 0.028 | 18 | ||
Environmental adaptation | 0.184 | Ability to adapt to the external environment | 0.228 | 0.057 | 4 |
Ability to adapt to the internal environment | 0.224 | 0.041 | 12 | ||
Ability to adapt to environmental uncertainty | 0.171 | 0.033 | 16 | ||
Ability to adapt to changes in the international environment | 0.184 | 0.031 | 14 | ||
Market environment capability analysis | 0.149 | 0.021 | 20 | ||
Marketing ability | 0.159 | Marketing strategy ability | 0.223 | 0.058 | 5 |
Operational capacity | 0.098 | 0.018 | 22 | ||
After-sales service capability | 0.179 | 0.036 | 13 | ||
Market research ability | 0.179 | 0.047 | 9 |
Publisher’s Note: MDPI stays neutral with regard to jurisdictional claims in published maps and institutional affiliations. |
© 2021 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/).
Share and Cite
Chen, D.-C.; Chen, T.-W. Research on Sustainable Management Strategies for the Machine Tool Industry during the COVID-19 Pandemic in Taiwan. Sustainability 2021, 13, 13449. https://doi.org/10.3390/su132313449
Chen D-C, Chen T-W. Research on Sustainable Management Strategies for the Machine Tool Industry during the COVID-19 Pandemic in Taiwan. Sustainability. 2021; 13(23):13449. https://doi.org/10.3390/su132313449
Chicago/Turabian StyleChen, Dyi-Cheng, and Tzu-Wen Chen. 2021. "Research on Sustainable Management Strategies for the Machine Tool Industry during the COVID-19 Pandemic in Taiwan" Sustainability 13, no. 23: 13449. https://doi.org/10.3390/su132313449
APA StyleChen, D. -C., & Chen, T. -W. (2021). Research on Sustainable Management Strategies for the Machine Tool Industry during the COVID-19 Pandemic in Taiwan. Sustainability, 13(23), 13449. https://doi.org/10.3390/su132313449