AD-minister 2020-04-28T14:11:03-05:00 Natalia González Salazar Open Journal Systems <p><em>AD-minister</em>&nbsp;is an interdisciplinary academic journal and we publish scientific papers resulted of empirical evidence and that contribute to understanding the management of companies in emerging economies and markets.</p> <p>&nbsp;</p> Professional competences in management field: A curricular analysis for Colombia 2020-04-28T14:06:55-05:00 Pedro Emilio Sanabria Rangel Milton Ricardo Ospina Díaz Santiago García Carvajal <p>This paper speciefies the professional competences (generic and specific) required by the colombian labor market for Business Managers. For this a quantitative, longitudinal and, descriptive research was conducted, wish uses techniques such as documental analysis and the fieldwork (surveys). This study starts from the narrative revision of academic and institutional documents on related topics associated with that and emphasizes on the application of questionnaire based on Alfa Tuning Latin America to two stakeholders related to management programs, at different moments, about to the most valued skills in managers. This study show that the Tuning Latin America model is a useful technique for evaluating competencies in the management field and is consolidated through the majority of the competences proposed by this model are considered as being significant on the part of survey respondents. This poses important challenges for the education in business management in Colombia, as a complement to the competences for a comprehensive formation, not only for work.</p> 2019-12-14T00:00:00-05:00 ##submission.copyrightStatement## Critical analysis on the use of SROI in the evaluation of social impact in social entrepreneurship initiatives 2020-04-28T14:07:36-05:00 Filiberto Enrique Valdés Medina María Luisa Saavedra García <p>The inability of the State to address social problems such as poverty in all its ranges, unemployment, and the difficult access to education and health services, to mention just a few, has led to the institutionalization of the social sector in Mexico, which implies an increase in social entrepreneurship initiatives within the entrepreneurial ecosystem. Therefore, the need to analyze and rate the financial evaluation techniques of initiatives of this nature is of great importance to determine if the enterprise is really solving a social problem. In this research, social entrepreneurship is contemplated and conceptualized, emphasizing the social enterprise, while exploring its development in Mexico and then addressing the areas of opportunity in the use of the social return on investment (SROI) as a measure with a strong financial vocation in the management of social entrepreneurship initiatives.</p> 2019-12-14T00:00:00-05:00 ##submission.copyrightStatement## Effect of convergence to International Financial Reporting Standards on Companies Listed in the Colombian Stock Exchange 2020-04-28T14:08:26-05:00 Liliana Elizabeth Ruiz Acosta David Andrés Camargo Mayorga Octavio Cardona García <p>The purpose of this document is to analyze the effect of adopting International Financial Reporting Standards (IFRS), which must be compulsorily complied with as of 2015, on companies listed on the Colombian Stock Exchange (BVC by its acronym in Spanish). For this purpose, two samples were used, the first one with 52 Colombian companies on whose financial indicators such as ROE, OPM and ROIC obtained from the accounting information the mean difference was applied; these correspond to the year 2014 before and after the IFRS. In the second sample with 32 companies, their level of leverage, ordinary income, operating income, and profit and loss for year were analyzed to determine the effects of these variables on their market capitalization, using the difference in differences method, taking 2014 as the control year without IFRS and 2015 as the year of treatment with IFRS. The findings show that, in the 52 companies, adopting the standards did not signal changes in financial indicators before and after IFRS, as does the stock market value in the sample of 32 companies.</p> 2019-12-14T00:00:00-05:00 ##submission.copyrightStatement## Strategic Effect of Collaboration Between ETICS 2020-04-28T14:09:02-05:00 Gerardo Velasco-Gutiérrez Miguel A. Montoya Joan-Lluis Capelleras <p>This paper analyzes the relationship between networking capabilities and the motives behind SMEs taking part in collaborative relationships with firms within the same sector. Specifically, we analyzed inter-firm collaborations for new product development and the decision(s) to outsource. The main contribution of this paper is focused on identifying the existence of the mediating effect that Hybrid growth strategy has, connected to these relations. It is argued that the Hybrid growth strategy mediates the relationship between networking capabilities and the different collaborative modes with firms within the same sector. The results, obtained through a binomial logit model, supported these arguments by using a database formed by 450 face-to-face surveys, from which 296 took part in an inter-firm collaboration between 2012-2014. The surveys were given to CEOs from SMEs that participated in collaborative activities with other firms in the Electronic, Technology, Information, and Communications sector (ETICS) in Mexico.</p> 2019-12-14T00:00:00-05:00 ##submission.copyrightStatement## Small and Medium Enterprises in the Americas, Effect of Disaster Experience on Readiness Capabilities 2020-04-28T14:09:44-05:00 Juan Pablo Sarmiento Catalina Sarmiento Gabriela Hoberman Meenakshi Jerath Vicente Sandoval <p>Disaster risk reduction (DRR) is key in strengthening resilience and achievement of sustainable development. The private sector is co-responsible for DRR: it is a generator of risks, and a subject exposed to risks. There are competing narratives in the literature regarding the relationship between business’ disaster experience and DRR. The current study defined and characterized businesses in the Americas, with a particular interest in small and medium enterprises, and examined whether disaster experience predicts DRR, considering business size. Secondary data analyses were conducted using data from a previous study on private sector participation in DRR conducted in six Western Hemisphere cities (N=1162): Bogotá, Colombia; Kingston, Jamaica; Miami, USA; San José, Costa Rica; Santiago, Chile; and Vancouver, Canada. Results confirmed that business size matters – small businesses had lower levels of DRR efforts compared to medium and large businesses. Disaster experience (i.e., supply chain disruption, loss of telecommunications, power outage, and damaged facilities) predicted DRR. The findings underscore the importance of fostering, advising, and financing small and medium enterprises to proactively develop capabilities in the line of risk and emergency management, and early resumption of operations, post-disasters. Governing agencies and civil society organizations have the ability to provide this support.</p> 2019-12-14T00:00:00-05:00 ##submission.copyrightStatement## Burnout in SMEs: A Management-Level Approach 2020-04-28T14:10:25-05:00 Eloisa Treviño Rodolfo Treviño Sofía Segovia Jiménez Frida Iannelli Reyna Delgado Bernardo Vallejo Pérez <p>Burnout is a term that is frequently heard in business, causing great health problems to its employees and an impact on the company’s economic results. The purpose of this research is to identify the existence of burnout in employees at the managerial level in SMEs. It is a qualitative investigation using the interview as an instrument. The sample is focused on mid-level managers in the industry, commerce and service sectors, two companies per sector. To generate the results, a model called Maslach Burnout Inventory General Survey (MBI-GS) and the burnout syndrome cycle were used. Managers who manifested burnout syndrome have excessive workloads in such a way that they do not achieve the objectives set by management, which makes the managers who suffer have health problems such as stress, cardio-muscular problems that even have family problems, that is, the above exceeds their emotional capacity.</p> 2019-12-14T00:00:00-05:00 ##submission.copyrightStatement## Strategizing: Opening New Avenues in Latin-America. A Systematic Literature Review 2020-04-28T14:11:03-05:00 Martha Eugenia Reyes-Sarmiento, PhD Luz María Rivas-Montoya, PhD <p><em>Strategizing</em> is a research field devoid of epistemological, theoretical and methodological unity. Instead of seeing it as a disadvantage, we show how this plurality boosts the convergence of different points of view in the practice turn of strategy that challenges its conventional perspective. Through this systematic literature review we detected research opportunities in Latin-America, as well as in the categories of Strategizing such as practices and practitioners. In the first category, we suggest trust as a suitable concept for research on the social nature of practices. And in the second category, customers claim further attention as relevant actors in the creating-delivering-capturing value cycle of the business level strategy.</p> 2019-12-14T00:00:00-05:00 ##submission.copyrightStatement##