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Pan-Pacific Conference XXXIV. Designing New Business Models in Developing Economies

This publication represents the Proceedings of the 34th Annual Pan-Pacific Conference being held in Lima, Peru May 29-31, 2017. The Pan-Pacific Conference has served as an important forum for the exchange of ideas and information for promoting understanding and cooperation among the peoples of the world since 1984. Last year, we had a memorable conference in Miri, Malaysia, in cooperation with Curtin University Sarawak, under the theme of “Building a Smart Society through Innovation and Co-creation.” Professor Pauline Ho served as Chair of the Local Organizing Committee, with strong leadership support of Pro Vice-Chancellor Professor Jim Mienczakowski and Dean Jonathan Winterton.

This publication represents the Proceedings of the 34th Annual Pan-Pacific Conference being held in Lima, Peru May 29-31, 2017. The Pan-Pacific Conference has served as an important forum for the exchange of ideas and information for promoting understanding and cooperation among the peoples of the world since 1984. Last year, we had a memorable conference in Miri, Malaysia, in cooperation with Curtin University Sarawak, under the theme of “Building a Smart Society through Innovation and Co-creation.” Professor Pauline Ho served as Chair of the Local Organizing Committee, with strong leadership support of Pro Vice-Chancellor Professor Jim Mienczakowski and Dean Jonathan Winterton.

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At a glance, there appears to be some differences<br />

between Student Necessity Characteristics (SNC)<br />

and Employee Necessity Characteristics (ENC). It<br />

looks like Hard Work<strong>in</strong>g is the only identical trait<br />

and behavior among five identified ones. It was<br />

very <strong>in</strong>terest<strong>in</strong>g that Trustworthy is the number one<br />

characteristics <strong>in</strong> ENC. Loyalty and trust must be<br />

very important traits/behaviors among work<strong>in</strong>g<br />

people. One CEO of a company mentioned to one of<br />

our authors while collect<strong>in</strong>g data that Loyalty is the<br />

only<br />

TABLE 1<br />

The Comparison between Student and Employee’s perception on Pr<strong>in</strong>ciple Characteristics of Necessities<br />

Student’s Perception (SNC)<br />

296 Participants with 1850 Responses<br />

Employee’s Perception (ENC)<br />

94 Participants with 778 Responses<br />

Entries Percentage Entries Percentage<br />

Hardwork<strong>in</strong>g 316 17.08 Trustworthy (Reliable) 163 20.95<br />

Reliable 270 14.59 Car<strong>in</strong>g (Friendly) 134 17.22<br />

Friendly 238 12.86 Dependable (Reliable) 101 12.97<br />

Motivated 192 10.38 Hardwork<strong>in</strong>g 62 7.97<br />

Knowledgeable 175 3.46 Goal oriented (Motivated) 48 6.17<br />

important trait/behavior for his company. At the<br />

same time, we may consider Trustworthy as one<br />

source lead<strong>in</strong>g to Reliable. Although it may not<br />

clear the cause & effect relations among these<br />

traits/behaviors, we may also consider Dependable<br />

as one source lead<strong>in</strong>g to Reliable. Likewise, we may<br />

also consider Car<strong>in</strong>g and Friendly as very similar<br />

concepts<br />

Accord<strong>in</strong>g to Ed Locke’s (1968) goal sett<strong>in</strong>g theory,<br />

sett<strong>in</strong>g specific goal(s) would lead to an <strong>in</strong>dividual’s<br />

strong <strong>in</strong>ternal motivation to achieve it; therefore,<br />

we may consider that Goal Oriented would lead to<br />

Motivated. Upon these analyses, we could consider<br />

80% of traits/behaviors are the same concept. Hard<br />

Work<strong>in</strong>g is identical (20%), and Trustworthy-<br />

Reliable, Dependable-Reliable, and Goal Oriented-<br />

Motivated are similar (60%) <strong>in</strong> both studies.<br />

It is also <strong>in</strong>terest<strong>in</strong>g that Knowledgeable does not<br />

appear to be important <strong>in</strong> ENC, which is 5th place <strong>in</strong><br />

SNC. The closest traits/behavior to knowledgeable<br />

<strong>in</strong> ENC is Intelligence, which is 8th ranked <strong>in</strong> SNC,<br />

although it is a slightly different concept. One more<br />

big difference between these two studies is<br />

communication skills, rank<strong>in</strong>g 6th <strong>in</strong> SNC and<br />

rank<strong>in</strong>g 13th <strong>in</strong> ENC. Knowledge and<br />

communication skills are not considered important<br />

traits/behaviors among work<strong>in</strong>g people.<br />

To get the SNC, we had eight data sets from five<br />

different countries, and for our current study, we<br />

have collected data from 94 employees from five<br />

different companies <strong>in</strong> the same region. To develop<br />

our analysis of different types of employees further,<br />

and to make it more practically useful, we would<br />

first like to collect more data from employees and<br />

33<br />

managers <strong>in</strong> various <strong>in</strong>dustries to see whether their<br />

responses differ significantly from those of the<br />

students we have already surveyed. Second, for<br />

practical purposes we should explore the category of<br />

Necessity more carefully and completely, s<strong>in</strong>ce our<br />

goal is to provide Human Resource departments<br />

with the ability to identify those <strong>in</strong>dividuals who are<br />

most likely to promote the success and growth of<br />

organizations and bus<strong>in</strong>esses.<br />

One way to do this would be to create a scale along<br />

which we can rank the differential importance of the<br />

key characteristics of Necessities. This scale would<br />

allow managers to focus their hir<strong>in</strong>g and<br />

promotion/retention efforts on those <strong>in</strong>dividuals<br />

with the most desired characteristics. Such a scale,<br />

therefore, would be <strong>in</strong>valuable <strong>in</strong> Human Resource<br />

Management.<br />

REFERENCES<br />

[1] Chong W. Kim & Andrew Sikula, Sr.,<br />

“The Characteristics of “Necessity” <strong>in</strong> a<br />

Work Place: A Replication Study,” DIAS<br />

Technology Review-The International<br />

Journal for <strong>Bus<strong>in</strong>ess</strong> & IT, Vol.1, No.2,<br />

pp. 20 – 32, January 2005.<br />

[2] Chong W. Kim & Andrew Sikula, Sr.,<br />

“Three Types of People <strong>in</strong> the Workplace:<br />

3D Theory,” Ethics & Critical Th<strong>in</strong>k<strong>in</strong>g<br />

Journal, Vol. 2006, Issue 1, pp. 95 – 109,<br />

March 15, 2006.<br />

[3] Chong W. Kim, Andrew Sikula, Sr., &<br />

Harlan M. Smith II, “Perceptions of the<br />

Characteristics of Good, Bad and<br />

Ord<strong>in</strong>ary Workers on the Job: The<br />

Influence of Work Experience and

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