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Effective lead management
(2023)
In the last few years the global interest on lead management has increased. This classic topic for marketing and sales departments is aimed at converting potential customers into sales. The following thesis identifies the challenges and solutions for marketing and sales departments in order to process effective lead management. Using data from a literature review and qualitative empirical research, conducted with representatives of marketing and sales departments, the results showed overall and task specific challenges and solutions. The research indicates that overall challenges and solutions regarding the gap between marketing and sales, new processes and data management including data quality, software and silos emerge. In addition task specific challenges and solutions concerning lead generation including purchased leads, lead qualification, lead nurturing and sales specific challenges and solutions conclusively the focus on existing customers, time famine and lead routing were identified. This thesis provides a framework for further studies regarding the challenges and solutions for marketing and sales departments processing lead management.
This study aims to address the research gap surrounding the role of leadership in the formation of high-performance teams within startup companies. While there is existing research on high-performing teams, limited attention has been given to leadership in this environment. To bridge this gap, the study combines a literature review and qualitative analysis through semi-structured interviews with diverse stakeholders in startups, with the goal of providing practical guidance for startup executives based on the research findings. The study uncovers key aspects of leadership in high-performance teams, emphasizing the importance of skills such as motivation and support for team members, fostering psychological safety and trust, and effectively managing uncertainty. In addition to resource constraints and high expectations, the study sheds light on the challenges faced by leaders in startup and high-performance team environments, particularly the blurring of traditional leadership roles as team members seek autonomy and decision-making authority. These findings present opportunities for future research to explore this progressive leadership style. Overall, this study contributes to our understanding of leadership dynamics within high-performance teams operating in the context of startups. It offers valuable insights that can help startup executives navigate the complexities of leadership and foster the development of successful and high-performing teams.
In an oversaturated market, companies are required to use innovative and, above all, creative advertising methods to capture their customers’ attention, and thus differentiate themselves from rival businesses. To this end, companies have been increasingly relying on the use of humor, a phenomenon that remains highly subjective and is perceived differently by each individual. This master’s thesis, which was completed as part of the International Marketing and Sales program at the FH Vorarlberg, focuses on this phenomenon of humor as well as its impact on advertising perception. With the aid of three different theories, the term “humor” is defined. Furthermore, this study explains and researches the so-called vampire effect, wherein various factors (in this case humor) draw attention away from the actual advertising message. In addition, this thesis takes a closer look at involvement, as a person’s involvement or interest in a brand or product can influence brand and product recall and recognition. An online survey was conducted to determine whether the vampire effect caused by humor is able to influence brand and product recall. In other words, this concerns whether the viewer can still remember the brand and product afterward or whether the humor employed triggers the vampire effect. Furthermore, this thesis explored whether the vampire effect caused by humor is able to influence brand and product recognition. Recall is the retrieval of information from memory without direct cues, whereas recognition refers to the recognition of information when it is presented again. Furthermore, within this context, it was discovered that brand and product recall varies with low and high involvement viewers of the advertisement. In other words, this means that the strength of the vampire effect caused by humor changes depending on the strength of the viewer’s involvement. During the course of this research, it was further observed that the humor employed significantly affects the perception of the advertising message, thus confirming the existence of the vampire effect. This effect also influences both brand as well as product recall and recognition. In both cases, participants in the survey were less able to remember the product and brand in the humorous advertising. Furthermore, it was proven that people with low involvement in the advertised product group are more heavily affected by the vampire effect. As such, they are more likely to not remember the product or brand after seeing the advertisement.
The presented master thesis of the study subject International Management and Leadership at the University of Applied Science Vorarlberg in Dornbirn handles the potential future influence of the EU Corporate Sustainability Due diligence on SMEs. First this thesis introduces the most important regulations that might come into place with this Due Diligence Act and gives a theoretical input when and how it will come into place, and also who it will affect directly and who will be affected indirectly. The empirical data resulted of several qualitative expert interviews and a following quantitative research. The expert interviews are split in two different groups, first the topic experts from institutions like chamber of commerce or chamber of labour and second experts from highly successful Austrian companies which are already handling the topic and the future challenges. Expected outcome of the qualitative interviews was a better view on the actual situation especially the impact on small and medium enterprises. On the basis of this results the quantitative survey was produced. In the quantitative survey the goal was to see, how much entrepreneurs and companies in the small and medium sector already are aware of the upcoming legal challenges throughout the supply chain. With all this collected data the practical outcome of this thesis is the Checklist, which helps entrepreneurs to find out if and how much they will be affected by the Act. And finally, the most important part is the Guideline, which introduces first risk assessment tools, that will help companies to prepare for future legislation and bring undoubtedly a certain advantage for the upcoming challenges.
Although workplace climate has been already extensively studied, the research has not led to firm conclusions regarding leadership trainings referring to the awareness of psychological safety in a company and its influence on existing teams and the general work climate. The author used the already existing model of Carr, Schmidt, Ford, & DeShon (2003) and adjusted it with psychological safety as 4th climate item to develop hypothesen which can also be seen as a path analytic model. The model posied that climate affects individual level outcomes through its impact on cognitive and affective states. Therefore, the author wants to show the correlation between the 4 higher order facets of climate affect the individual levels of job performance, psychological well-being and withdrawal through their impact on orangizational commitment and job saitsfaction (Carr, Schmidt, Ford, & DeShon, 2003).
This thesis investigates the role of leadership behaviours of C-level executives in the context of post-M&A integration processes. The primary focus is on understanding the impact of specific leadership behaviours on inspiring desirable follower effects and facilitating emotional acceptance during organizational change. Drawing on the frameworks presented in “Six- Dimension Integrative Model of Leadership” and "The Six Domains of Leadership" developed by Sitkin et al., the study conducts expert interviews with managers from middle management who have recently experienced M&A integration. The answers are analysed in depth to identify the most effective leadership behaviours, highlighting those mentioned most frequently and those capable of triggering multiple follower effects simultaneously. The result is a list of behaviours that can serve as a guideline for C-level executives who want to foster desirable follower effects throughout the M&A integration journey.
The control measures for the COVID-19 pandemic, early 2020, caused a chain reaction that eventually led to a shortage of components in the electronic manufacturing industry. A lack of components meant that the production and sales were interrupted or even stopped. For many electronic manufacturing firms, this was seen as a crisis. A crisis is mostly divided into three phases called the pre-crisis phase, crisis management and post-crisis phase. The pre-crisis phase involves an environmental assessment and setting up of crisis management teams, and plan. The crisis management phase has to do with the collection and interpretation of information and the mitigation of the crisis. The post-crisis phase looks at learnings from the crisis. In this paper it was investigated how the electronic manufacturing firms in Vorarlberg managed the crisis in the period between 2020 and 2022. The overall aim was to get a full understanding of how it affected the operations regarding the respective crisis teams and which factors were considered most important for setting up the teams. Two basic criteria which had to be over-come was the uncertainty and lack of time. It was seen that even though the fundamental structure did not change, crisis teams were added in the form of a crisis management team and task forces. The task forces played a major role in getting an understanding of the problem and the effect it has on the business. The crisis management team, which includes high level managers from all affected functional areas, had to re-evaluate the high level strategy and decide what needs to be done, and who will be doing it. In order to do so, they needed to understand what the priorities are regarding components and products and then decide on the priorities regarding affected business. The new strategy was then handed down to the task forces for implementation. A major focus of this paper was also on decision making and how everything contributed to making decisions that had the right effect in resolving the financial crisis for the organizations.
Supply shortages faced in products and resources from semiconductors to natural gas in recent years have had impact massive on global economy, but such challenges are not new for supply chain professionals. Many major events in the past have disrupted supply chains: 9/11 attack in New York, Tsunami in Japan to name a few, but COVID19 have had the biggest and widespread impact in the modern times. Even though supply chain resilience being a term coined in early 2000’s, its usage and importance has increased since then. With the curiosity of assessing the current state of sup-ply chain resilience literature and finding a resilience measurement method which is a one-fit for all supply chains in the manufacturing industry of Vorarlberg, the following research project was undertaken. Research is carried out with mixed methods, using a systematic literature review followed by expert interviews. In the conclusion of the research the author argues that there is a significant difference in the understanding of the term resilience within industry, there is a lack on the need for a meas-ure for resilience. The ways in which the structure of an organization impacts the level of resilience, foreseen benefits of digitalization and technologies for resilience are also dis-cussed. A comparative analysis on the SCR measurement methods discovered in literature, resulted in recommending Resilience index for on-time delivery proposed by Carvalho et al for the mentioned industry.
Having autonomy in the workplace can have a positive impact on employees’ performance, which in turn can benefit the organization’s competitive advantages. While previous researches have primarily focused on the psychological effects of job autonomy on employee performance and has been limited to certain domains, the relationship between job autonomy and organizational design is an important area of study for organizations seeking to improve their competitiveness. This thesis proposes a conceptual model for designing an organization structure that promotes employee performance in manufacturing companies by removing obstacles towards obtaining job autonomy. The focus is on ambitious employees who seek growth and development opportunities within their organization. The model is based on a review of existing literature on job autonomy and organizational design. Exploratory qualitative research was conducted with selected ambitious employees from different industries by means of one-on-one semi-structured interviews. Overall, the proposed model has practical implications for manufacturing companies looking to motivate their employees, as well as for researchers seeking to advance their understanding of organizational design in our times.
The advent of autonomous and self-driving cranes represents a significant advancement in industrial automation. One critical prerequisites for achieving this long-term goal is the accurate and reliable detection of tools guided by ropes in real-world environments. Since the tool is suspended by ropes, the tool pose cannot be controlled directly. This master’s thesis addresses the challenges of pose estimation for rope-guided tools using point cloud measurements. The proposed algorithm utilizes constraints imposed by the crane kinematics and information extracted during the segmentation process to efficiently infer the pose of the hook, therefore enabling the use of the pose for decision making in real-time critical applications. RANSAC (Random Sample and Consensus) is deployed in the segmentation process to extract geometric primitives from the point cloud which represent the ropes and distinctive parts of the tool. Since the point cloud is often to sparse for feature matching a bounding box is used to estimate the initial position of the tool. Two different methods are presented to improve the initial pose. A computationally expensive method with a high level of confidence, integrating the ICP (Iterative Closest Point) algorithm is used as a benchmark. A linear Kalman filter is used in the second method which is real-time capable. The benchmark is then used to evaluate the real-time capable approach. The core contributions of this research lie in the innovative utilization of bounding boxes for pose estimation. The findings and methodologies presented herein constitute an advancement towards the realization of autonomous and self-driving cranes.
The Fast Average Current Mode control methodology is a novel method for the implementation of a current compensator in a switched-mode power supply. It does not require compensation against sub-harmonic instability and is inductor independent. In this work, the digital implementation of this topology is compared against an analog implementation using simulation. Additionally, a hardware prototype is created to validate the digital simulation's results. In a Simulink environment, parameters of the digital implementation, such as the digital-to-analog converter resolutions and the delay counter frequency are varied to research their impact on system performance. The simulations show that a digital current compensator has similar performance as an analog implementation when designed tailored to the application. When evaluating the whole control loop the digital system is inferior due to added delays caused by digital to analog conversion. By operating the Buck converter hardware implementation as a current source, the functionality of the current mode control implementation in a FPGA was proven. Voltage control cannot be validated due to hardware issues. Due to the successful simulation of the source code with a mixed signal model of the converter, it can be assumed that it is functional. Apart from performance, a digital implementation shows many benefits compared to an analog solution, such as configurability of control parameters and easy compensation of component variations and aging.
Recent years have been commanded by a cascade of unpredictable incidents, that have redefined new standards in our private, but also in our professional life. Events like the financial crisis, the COVID-19 pandemic, the energy crisis in Europe, resource scarcity and so forth have caused instability, forcing companies towards flexibility, constantly adapting their operative structures according to the needs of the moment. The effective adaptation to this environment is the key for reacting the dynamism of the market, and for guaranteeing future success. However, the introduction of these crucial changes on a stable company organisation is challenging. Furthermore, due to digitalisation, boundaries between countries have been removed, and the daily cooperation with co-workers and customers all around the globe became the new standard. The establishment of a good corporate culture where diverse people can work in harmony and, is a difficulty that comes ahead.
This master thesis developed from a professional perspective. The topics of change management and corporate culture where combined, and the relationship between these two concepts was studied. This master thesis aims utilising corporate culture as an instrument in managements favour, to implement strategical changes easily and successfully in a more efficient way. The relation between corporate culture and the resistance to change, focusing on the initiation of the change process, was the main area of study. Research questions and hypothesis, formulated with a solid theoretical background, are to be answered based firstly on literature, and secondly on the results of empirical quantitative re-search. To conclude, a set of recommendations for corporates were suggested with the intention of guiding companies how to use corporate culture as an instrument for change management.
This thesis focuses on implementing and testing communication over a private 5G standalone network in an industrial environment, with a specific emphasis on communication between two articulated robots. The main objective is to examine machine-to-machine communication behavior in various test scenarios. Initially, the 5G core and radio access network components are described, along with their associated interfaces, to establish foundational knowledge. Subsequently, a use case involving two articulated robots is implemented, and essential metrics are defined for testing, including round-trip time, packet and inter-packet delay, and packet error rate. The tests investigate the impact of 5G quality of service, packet size, and transmission interval on communication between the robots, focusing on the effects of network traffic. The results highlight the significance of prioritizing network resources based on the assigned quality of service identifier (5QI), demonstrate the influence of packet sizes on communication performance, and underscore the importance of transmission intervals for automation purposes. Additionally, the study examines how network disturbances influence the movements of a robot controlled via 5G, establishing a direct relationship between network metrics and the resulting deviations in the robot’s trajectory. The work concludes that while machine-to-machine communication can be successfully implemented with 5G SA, tradeoffs must be carefully considered, especially concerning packet error rate, and emphasizes the importance of understanding the required resources before implementation to ensure feasibility. Future research directions include investigating network slicing, secure remote control of robots, and exploring the use of higher frequency bands. The study highlights the significance of aligning theoretical standards with practical implementation options in the evolving landscape of 5G Networks.
Lack of transparency and traceability of products and their raw materials means that most products can only be thrown away or not properly recycled due to a lack of relevant data. This conflicts with the circular economy principles, which are demanded by several initiatives, including the European Union. The aim of this master thesis is to analyze this conflict and to propose a technical solution based on Distributed Ledger Technology that enables transparency and traceability of products and their materials. Therefore, the thesis addresses two central research questions: 1. How can traceability and transparency be enabled by integrating a DLT solution? 2. How would a prototype with the integration of smart contracts and DLT look like? To answer these questions, a blockchain solution is implemented using Hyperledger Fabric. The solution uses the immutability and decentralized nature of DLT to record and track the movement of products and their materials throughout their life cycle in the Circular Economy. Furthermore, with private data collections, confidentiality, and privacy are granted while ensuring transparency. The thesis contributes to the Circular Economy field by exploring the principles, models, and challenges of the Circular Economy and the circularity goals of a Digital Product Passport to develop a suitable technical solution. The chosen blockchain framework, Hyperledger Fabric, is presented, and its key components and features are highlighted. The thesis also delves into the design decisions and considerations behind the Digital Product Passport platform, explaining the architecture and transaction flow together with the prototype implementation and demonstration to showcase the functionality of the solution. Results and analysis provide insights into the challenges of the Circular Economy, sustainable resource management, and the Digital Product Passport, resulting in recommendations for future improvements and enhancements. Overall, this thesis offers a practical solution utilizing DLT to enable transparency and traceability in the Circular Economy, contributing to the realization of sustainable and efficient resource management practices to ultimately contribute to the set Circular Economy initiatives.
A rapid change to remote work during the beginning of the Covid-19 pandemic allowed many organizations to roll out new collaboration platforms to rapidly digitalize their workflows and processes in order to continue operation. This sudden shift to remote work revealed to employees the potential benefits of working remotely in the form of additional flexibility and also showed the challenges and barriers organizations could face by introducing such a strategy. This thesis aims to uncover the key considerations that the organizations of the industrial sector in Vorarlberg need to consider establishing a remote work strategy. According to the results from the research, the Covid-19 pandemic was as a paradigm change for the interviewed decision makers about how they thought about remote work and how they transformed their respective organizations too continue to operate. After the initial phase of Covid-19 restrictions organizations started to experiment with a remote work strategy of their own, based on their past experiences. For now, most of the interviewed organizations use already different remote work concepts and evaluate which one suits best their needs. The main considerations as to why an organization introduced a remote work strategy are to be an attractive employer and to stay ahead in the search for new talent. Further by introducing a remote work strategy, organizations need to change their rules of collaboration, adapt their core values to fit a remote workplace and to introduce collaboration platforms which are designed to support a remote workforce.
This thesis evaluates the feasibility of conducting visual inspection tests on power industry constructions using object detection techniques. The introduction provides an overview of this field’s state-of-the-art technologies and approaches. For the implementation, a case study is then conducted, which is done in collaboration with the partner company OMICRON Electronics GmbH, focusing on power transformers as an example. The objective is to develop an inspection test using photographs to identify power transformers and their subcomponents and detect existing rust spots and oil leaks within these components. Three object detection models are trained: one for power transformers and sub-components, one for rust detection, and one for oil leak detection. The training process utilizes the implementation of the YOLOv5 algorithm on a Linux-based workstation with an NVIDIA Quadro RTX 4000 GPU. The power transformer model is trained on a dataset provided by the partner company, while open-source datasets are used for rust and oil leak detection. The study highlights the need for a more powerful GPU to enhance training experiments and utilizes an Azure DevOps Pipeline to optimize the workflow. The performance of the power transformer detection model is satisfactory but influenced by image angles and an imbalance of certain sub-components in the dataset. Multi-angle video footage is a proposed solution for the inspection test to address this limitation and increase the size of the dataset, focusing on reducing the imbalance. The models trained on open-source datasets demonstrate the potential for rust and oil leak detection but lack accuracy due to their generic nature. Therefore, the datasets must be adjusted with case-specific data to achieve the desired accuracy for reliable visual inspection tests. The results of the case study have been well-received by the partner company’s management, indicating future development opportunities. This case study will likely be a foundation for implementing visual inspection tests as a product.
Programmable Logic Controller (PLC) modules are used in industrial settings to control and monitor various manufacturing processes. Detecting these modules can be helpful during installation and maintenance. However, the limited availability of real annotated images to train an object detector poses a challenge. This thesis aims to research object detection of these modules on real images by using synthetic data during training. The synthetic images are generated from CAD models and improved with Generative Adversarial Networks (GANs). The CAD models are rendered in different scenes, and perfectly annotated images are automatically saved. A technique called domain randomization is applied during rendering. It renders the modules in different poses with constantly changing backgrounds. As the CAD models do not visually resemble the real modules, it is necessary to improve the synthetic images. This project researches StarGAN and CycleGAN for the task of image-to-image translation. A GAN is trained with real and synthetic images and can then translate between these domains. YOLOv8 and Faster R-CNN are tested for object detection. The best mean Average Precision (mAP) is achieved when training with a synthetic dataset where 50% of the images were improved with StarGAN. When trained with YOLOv8 and evaluated on a real dataset, it achieves a mAP of 84.4%. Overall, the accuracy depends on the quality of the CAD models. Using a GAN improves the detection rate for all modules, but especially for unrealistic CAD models.