http://hdl.handle.net/20.500.14044/33706 2026-07-26T09:01:55Z http://hdl.handle.net/20.500.14044/33871 An outlook on crisis indicators than and now Molnar, Albert; Csiszarik-Kocsir, Agnes Feher-Polgar, Pal The longest ever bull market in recent history is finally coming to an end as global recession fears have been steeply rising with the global outbreak of the CoVid-19 pandemic. Needless to say, the stage for another global economic downturn has been in the process of setting, the Russian-Saudi-Arabian oil price war, market uncertainty, high volatility and by far most importantly a global pandemic have created a perfect storm triggering a worldwide economic downturn. Could we have predicted the outcomes of the events that led up to the current liquidity crisis? Could economic indicators potentially forecast recessions? If yes, then what are those indicators, and how exactly should average people interpret them? The research paper is going to focus on gathering a database of all of the possible banking and currency crisis indicators, evaluating their feasibility and, if possible, model their behavior. The contribution of a currency or banking crisis prediction model would be that of an independent forecasting system that would give an estimate of the likelihood of a recession. The research paper analyzes in great detail the timeline of the 2008 financial crisis and the patterns that lead to it, altogether comparing the current financial market’s condition to its condition before the last crisis, highlighting similarities and core differences.. The aim of the research paper is to introduce a few key market indicators capable of forecasting major shifts in macroeconomic business cycels introducing the importance of a close attention to the national treasury bond maturity yield curve 2019-01-01T00:00:00Z http://hdl.handle.net/20.500.14044/33864 An instructive case study about Good Work Velencei, Jolan; Vastag, Timea Feher-Polgar, Pal Today, there is a shift in attitudes that are affecting everyday life at work. This change will have an impact on the workplace, with the consequence that sooner or later employees will reevaluate long hours spent at work and create a need for personal and professional development. Through a case study, we demonstrate how motivation can be inhibited by the lack of autonomy and creativity. We look at ways to create Good Work and make suggestions for successful collaboration within an organization. 2019-01-01T00:00:00Z http://hdl.handle.net/20.500.14044/33860 Analysis of the Construct of Competence from a Management Perspective Tothne Teglas, Tunde; Saary, Reka Feher-Polgar, Pal Competence-based approaches have become widespread and effective tools in HR management. Their main aim is to identify those personal employee characteristics which differentiate high-performing employees from the less effective ones. Despite the widespread nature of the methodology, the literature shows that as regards the application of competences, several questions still lack unequivocal answers. Competence is a complex term, which can be broadly interpreted as operative intelligence covering not only „whats”, but „hows” as well. However, when defining the term, some consider competence as a deep and persistent part of the personality, while other interpretations claim that it is a result of workplace socialisation. There is agreement that competence is linked to outstanding performance but it is debatable how outstanding performance should be defined. Thus, the various interpretations differ in these issues: whether competence depends on personality or on the situation, whether it can be developed, and whether it is linked to the individual, the position or the organization. 2019-01-01T00:00:00Z http://hdl.handle.net/20.500.14044/33856 An Analysis of Leadership Competency Models Tothne Teglas, Tunde; Saary, Reka Feher-Polgar, Pal The role of leaders is exceptional within an organisation; success in our accelerated world depends on their leadership skills, suitability and aptitude. Therefore, organisations need competent leaders that are able to operate the organization in an efficient and effective way in a changing environment. Competency models endeavour to collect the most important criteria of outstanding leadership: those personal characteristics that define their success. In our study we present three general leadership competency models in detail. We analysed the corporate applicability of these models based on their measurability, context dependence and their planning aspect. 2019-01-01T00:00:00Z