scholarly journals Strategic Management Tools and Techniques and Organizational Performance: Findings from the Czech Republic

2015 ◽  
Vol 7 (3) ◽  
pp. 19-36 ◽  
Author(s):  
Anna Afonina ◽  
Keyword(s):  
Czech Republic ◽  
Strategic Management ◽  
Organizational Performance ◽  
Management Tools ◽  
The Czech Republic ◽  
Tools And Techniques

scholarly journals Selected aspects of strategic management in the service sector

2020 ◽  
Vol 11 (20) ◽  
pp. 109-123 ◽  
Author(s):  
Ján Dvorský ◽  
Zora Petráková ◽  
Khurram Ajaz Khan ◽  
Ivo Formánek ◽  
Zdeněk Mikoláš
Keyword(s):  
Czech Republic ◽  
Strategic Management ◽  
Service Sector ◽  
Slovak Republic ◽  
Total Sample ◽  
Management Tools ◽  
Term Survival ◽  
The Czech Republic ◽  
Mean Values ◽  
Strategic Risk

The focus of the present paper is to identify and defines the important factors of strategic management in SMEs with a specific focus on the service sector and to compare its current situation in the Czech Republic and Slovak republic firms. To shape the study, survey-based research planned and conducted in the Czech Republic and Slovak republic over SMEs in the service sector. The data were collected from the owners or top-level managers, the total sample used in the study was 822, 454 respondents from the Czech firms and 368 firms from the Slovak republic. The study employs basic statistics tools, percentages and mean values, used Z-score to compare the respondents in the Czech Republic and Slovak republic. The major findings of the study reveal that majority of the firms in both the countries use strategic management as an integral part of corporate governance and believe that strategic management usage improves the competitiveness of the firms and its stability in domestic and foreign markets. Another interesting finding reveals that the business sector is not a statistically significant factor in evaluating the sources of strategic risk, found from the firms of both countries. The paper adds to the existing literature of SMEs, investigated the use of strategic management tools for their sustainability and competitiveness. As the key aspects of strategic management are much used in large size organization but less explored in the smaller segment. The outcome of the study can help to understand the SMEs’ attitude towards strategic management usage. It is very useful for long term survival, stability, and expansion, as both countries’ economy is heavily depending on the SMEs.

Meeting Czech Knowledge Management Challenges Head-On

2010 ◽  
pp. 20-46
Author(s):  
Richard Brunet-Thornton ◽  
Vladimír Bureš
Keyword(s):  
Knowledge Management ◽  
Czech Republic ◽  
Information Technologies ◽  
Success Factors ◽  
Management Tools ◽  
The Czech Republic ◽  
Critical Success ◽  
Implementation Methodology ◽  
The University ◽  
Further Development

In the Czech Republic, Knowledge Management-related problems occur at all knowledge stages with difficulties more predominant at an organisational level. In principal, they originate from the lack of an utilisable and detailed KM implementation methodology; varying perceptions of KM coupled with the notion, that KM equates and is limited to information technologies and the like. As a reaction to these problems, the Faculty of Informatics and Management at the University of Hradec Králové (FIM UHK) developed a new KM implementation methodology. It aims to provide interested parties with a set of ground rules distributed among a number of phases. Further development is underway to elaborate the method by integrating project management tools, benchmarking exercises and critical success factors. Despite this endeavour, there is an on-going need for further research given the reality that small and medium sized enterprises constitute the majority of organisations in the Czech Republic.

scholarly journals Strategic and Crisis Management in Agricultural Enterprises in the Czech Republic

2017 ◽  
Vol 65 (6) ◽  
pp. 2073-2081
Author(s):  
Petr Řehoř ◽  
Jaroslav Vrchota
Keyword(s):  
Czech Republic ◽  
Strategic Management ◽  
Crisis Management ◽  
The Czech Republic ◽  
Strategic Objectives ◽  
Agricultural Enterprises ◽  
Average Mark ◽  
The Future ◽  
Future Direction ◽  
Agriculture Management

Agricultural enterprises should constantly try to improve themselves. They need strategic management to manage their innovativeness in a focused manner, and to achieve growth and satisfy their strategic objectives in a way that minimizes the high‑inherent risks or crises. The paper deals with a sub‑research of the management of small and medium‑sized enterprises in the Czech Republic. It is focused on the use of strategies in SMEs (especially for agriculture) management and the assessment of the significance of crises. Data were gathered as questionnaires and interviews from 183 (thereof 34 agricultural) enterprises operating in the Czech Republic. The research was done in 2015. Only about 15 % of the agricultural enterprises have formulated a strategy for the future direction of their enterprise. The crises did occur in all organizations, in varying degrees and intensity. The significance of this crises was assessed by an average mark of 3.5 (where 5 was the highest). Subsequently they analysed relationships among 17 major crises and compared the relations in other sectors.

scholarly journals Complexity, continuity, and strategic management of buyer–supplier relationships from a network perspective

2021 ◽  
Vol 17 (3) ◽  
pp. 189-226
Author(s):  
Martin Pech ◽  
◽  
Drahoš Vaněček ◽  
Jaroslava Pražáková ◽  
◽  
...  
Keyword(s):  
Supply Chain ◽  
Czech Republic ◽  
Supply Chain Management ◽  
Strategic Management ◽  
Theory And Practice ◽  
Supplier Relationships ◽  
The Czech Republic ◽  
Chain Management ◽  
Supplier Networks

PURPOSE: Current research seeks to create an economic model that connects strategic management and network theory. However, most theoretical models do not provide empirical evidence of network relationships’ real structure and attributes. The purpose of the paper is to explore the relation between enterprise characteristics and the characteristics of buyer–supplier relationships in supply chain networks. We are specifically interested in business relationships in networks with respect to the various enterprises’ sizes and sectors of industry. The subject of our research was characteristics, such as network relationship complexity, continuity of relationships, and strategic management in networks. The paper summarizes the results of an empirical study on buyer-supplier networks and accentuates the importance of developing and fostering business collaboration for strategic management. METHODOLOGY: We conducted the questionnaire research in 2016–2019 on 360 enterprises from the Czech Republic. We selected the research sample based on the non-probability purposive sampling method. The members of the research team collected data from an online survey and personal visits to enterprises. The statistical analysis of hypotheses is based on the frequency of managers’ answers. To evaluate results, a two-proportion Z-Test is used for comparing different categories of enterprises according to their enterprise size or prevailing sector of the industry. FINDINGS: The main results show that the differences between enterprises involved in the buyer–supplier structures lie mainly in their size. The survey did not identify differences between industry sectors. The findings show that the complexity of networks in the Czech Republic is not high in terms of the number of suppliers or involvement in many supply networks. The continuity of relationships with partners in buyer–supplier networks is relatively long-term oriented. Long-term partnerships reflect the higher quality of relationships and support future integration. However, large enterprises prefer to build contracts for shorter or longer periods. An overall decentralization strategy characterizes the strategic management of buyer–supplier networks. This finding means dividing competencies such as planning, managing, sourcing, decision-making, transporting (delivering) among more enterprises. IMPLICATIONS FOR THEORY AND PRACTICE: The paper provides an insight into understanding how the buyer–supplier network functions. The theory’s implication builds on the connection of supply chain management and strategic management from the network perspective. Supply chain management is viewed as a part of strategic management, and the synthesis of both research areas opens an innovative view to business theory. ORIGINALITY AND VALUE: The paper’s principal value is the connection between contemporary ideas of strategic management and supply chain management. The synthesis of supply chain management and network approach enhances strategic management theory.

scholarly journals Investigation of strategic management tools and techniques

2013 ◽  
Vol 61 (4) ◽  
pp. 833-840 ◽  
Author(s):  
Anna Afonina ◽  
Vladimír Chalupský
Keyword(s):  
Strategic Management ◽  
Rank Order ◽  
Data Entry ◽  
Quantitative Approach ◽  
Management Tools ◽  
Essential Information ◽  
Level Of Satisfaction ◽  
Analyse Data ◽  
High Level ◽  
Tools And Techniques

The paper is focused on investigation of strategic managmene tools and techniques used by Czech companies. The quantitative approach was used for the analysis of strategic management tools and techniques. The aim of the quantitative approach was to collect and analyse data about the awareness, satisfaction and utilization of strategic management tools and techniques. The empirical research was conducted via a questionnaire survey of Czech companies. Empirical data were collected from 74 companies in Czech Republic. For the data entry and processing data were used the Statictical package for the Social Science (SPSS). The study presents four groups of tools and techniques based on the perceived results of manager’s utilization and satisfaction. The most of the examined tools and techniques concentrated on the two groups: (1) power tools, this group include the tools and techniques with high level of utilization and high level of satisfaction; (2) rudimentary tools, which includes the tools and techniques with low satisfaction and low utilization. The Spearman rank order correlation coefficient was used to identify the relationship between utilization of strategic management tools and techniques and managerial awareness. The results provide essential information on the application of strategic management tools and techniques, and indicate the level of managerial awareness of strategic management tools and techniques. In addition the findings indicate a positive relationship between the utilization of strategic management tools and techniques and managerial awareness.

scholarly journals Management Processes as Antecedents of Organizational Performance: A Literature Review

2021 ◽  
Vol 7 (1) ◽  
pp. 1-6
Author(s):  
Mohammed Ibrahim Abubakar
Keyword(s):  
Literature Review ◽  
Strategic Management ◽  
Organizational Performance ◽  
Performance Management ◽  
High Performance ◽  
Services Marketing ◽  
Marketing Management ◽  
Management Tools ◽  
Management Processes ◽  
And Performance

The purpose of this study is to critically analyse previous studies on management processes as antecedents of organizational performance. The study summarizes the level of understanding as regards the topic presently because of the importance of the information to the performance of organizations. The author searched Emerald, ScienceDirect.com, EBSCO and Google Scholar using a series of combinations of the following keywords: organizational management, performance management, high-performance organizations, management processes, management tools, influences of management processes, strategic management, marketing management, services marketing mix, , business organization and performance. This literature review has shown that performance is critical for the survival of the organization. It has also revealed that strategic management processes, marketing management processes and services marketing are key to organizational performance.

scholarly journals A Research Agenda of “EFQM Recognized for Excellence” recipients in the Czech Republic

2020 ◽  
Vol 10 (3) ◽  
pp. 161-175
Author(s):  
Pavel Adámek ◽  
Radka Bauerová ◽  
Šárka Zapletalová
Keyword(s):  
Czech Republic ◽  
Organizational Performance ◽  
Best Management Practices ◽  
Performance Indicators ◽  
Key Performance Indicators ◽  
Business Environment ◽  
Extensive Literature ◽  
The Czech Republic ◽  
Business Excellence ◽  
National Quality

Abstract This paper provides a general approach to explore an appropriateness of business excellence models (BEMs) in Czech environment and investigates whether there is a specific approach to the adoption of best management practices in organizations embedded in the EFQM Excellence Model including as a part of national quality awards (NQAs) and evaluate impact on their key performance indicators. The aim of the paper is to provide an overview of the BEMs approach in the Czech Republic and found the relevance with the issues of resulting from the implementation of the EFQM model and selected performance indicators. As an example was involved the Czech companies awarded in NQAs in the area of excellence between 2010 and 2016. Based on a reflection of the current situation, there is still discussion about the implications for the implementation of the EFQM Excellence Model on the performance indicators. Using a qualitative methodology, based on case studies, we conducted a detailed analysis of key performance indicators before and after of the adoption of the EFQM Excellence Model, as well the company's current state of maturity. This study is based on information gathered through an extensive literature review using print media, research databases, and we also employed the available reporting for awarded companies. We systemized the variables of business excellence with the higher impact on organizational performance. The main findings of this study are in accordance with other studies carried out across Europe, namely the fact that the internal motivations are the key factor for the implementation of the EFQM Excellence Model, support of involvement from NQAs, the key role is in willingness of top managers (or owners) and methodological helpful is an implementation of ISO 9001 certification. On the basis of selected performance indicators, the positive development of the companies was demonstrated. This study contributes to the management literature on best practices, by highlighting a consistent trend in the use of the EFQM Excellence model, and is expected to help in the development and broadening of the excellence approach in the business environment.

The Use of Strategic Management Tools and Techniques

2005 ◽  
pp. 61-90 ◽  
Author(s):  
Andrew Cox ◽  
Chris Lonsdale ◽  
Joe Sanderson ◽  
Glyn Watson
Keyword(s):  
Strategic Management ◽  
Management Tools ◽  
Tools And Techniques
Sign in / Sign up

Export Citation Format

Share Document