scholarly journals Strategic Management and Decision Making of Small and Medium-Sized Enterprises in the Czech Republic

2020 ◽  
Vol 73 ◽  
pp. 02005
Author(s):  
Jarmila Straková ◽  
Milan Talíř
Keyword(s):  
Decision Making ◽  
Strategic Management ◽  
Success Factors ◽  
Corporate Strategy ◽  
Management Practice ◽  
Economic Recession ◽  
Mission Statements ◽  
Test Sample ◽  
Small Enterprises

The topic of strategic management and decision making was underestimated by SMEs for a long term. Managers believed that experience, intuition and operability are the key success factors of their management work. These opinions have recently been abandoned in the management practice. This paper is focused on the analysis of strategic management and decision making and presents the outputs from research based on a test sample of 381 enterprises, of which 114 microenterprises, 141 small enterprises and 126 medium-sized enterprises. The company size categorization within this sample is corresponding to the SME structure in the South Bohemian Region. Lack of awareness of procedures for development of essential strategic documents such as vision, mission statements and a corporate strategy was observed. More than 60 % SMEs do not have such documents. are Similar results were obtained with respect to the development of a corporate strategy using the methods of a strategic situation analysis. This finding is alarming and its adverse impact can primarily be expected in a period of economic recession or downturn.

scholarly journals Technology of decision-making management by small enterprises to choose strategic alternatives

2020 ◽  
pp. 146-159
Author(s):  
Igor Sokurenko
Keyword(s):  
Decision Making ◽  
Strategic Management ◽  
Alternative Solution ◽  
Small Enterprise ◽  
Small Enterprises ◽  
Business Partner ◽  
Enterprise Growth ◽  
Business Partners ◽  
Potential Partner ◽  
Assessment Scales

The article considers the theoretical provisions and gives practical recommendations for strategic management decisions. The task of the research is to formalize the procedure for selecting a strategic alternative and determine a set of tools that correspond to the specifics of small business activity. The specific features of small enterprises, which are obstacles to the use of standard technologies of strategic management, are determined. The importance of choosing a strategic alternative according to the assessment of a potential partner at the stage of small enterprise growth has been proven. An expediency of formalizing decision-making to identify a potential partner using matrix methods is substantiated. To construct a matrix of potential business partners, assessment vectors were selected, the characteristics of each vector were established, and assessment scales were formed. Procedure for the formation of assessing scale the qualitative characteristics of business partners’ matrix with using the Klee method is proposed. A model of a potential business partner’s matrix is developed and description of its four fields is provided. The fields of matrix are highlighted on the basis of the development prospects of business partner and its reliability. The formalization of the strategic alternative solution for the choice of the business partner is proposed as a procedure of four consecutive stages. Formalization of the strategic alternative solution allows a small enterprise to choose a reliability business partner.

scholarly journals Investigating the Key Success Factors of Social Marketing in Promoting Environmental Consciousness: A Dematel-Based Approach

2020 ◽  
Vol 12 (2) ◽  
pp. 1 ◽  
Author(s):  
Chi-Horng Liao
Keyword(s):  
Climate Change ◽  
Decision Making ◽  
Natural Resources ◽  
Social Marketing ◽  
Success Factors ◽  
Success Factor ◽  
Environmental Consciousness ◽  
Key Success Factors ◽  
Future Success

Due to the overuse of the environment and natural resources, our environment has suffered long-term damage and natural disasters have been exacerbated by climate change, resulting in a significant impact on people’s livelihood and security. People must consider saving the environment as everyone’s responsibility. Hence, Environmental consciousness should be promoted to inspire public participation. This study used the Decision Making Trial and Evaluation Laboratory (DEMATEL) method to identify the key success factors of social marketing in promoting environmental consciousness. The DEMATEL method has been proven highly effective in gathering the views of experts and thereby providing information of greater reliability in many areas. The results of this research suggest that “Take advantage of existing successful campaign”, “Using appropriate media channel to increase the participation”, and “Enhancing campaign success by appropriate research” are the main strategies for promoting environmental consciousness. The findings of this study may be used in future success factor evaluations where social marketing is compared with other measures aiming to increase the efficiency of the campaign.

scholarly journals IMPORTANCE OF THE MARKETING ENVIRONMENT ANALYSIS IN THE PROCESS OF STRATEGIC MARKETING DECISION MAKING

2020 ◽  
Vol 2 (2) ◽  
pp. 24-32
Author(s):  
Dilyana Yaneva
Keyword(s):  
Decision Making ◽  
Success Factors ◽  
Strategic Marketing ◽  
Primary Data ◽  
Competitive Advantages ◽  
Environment Analysis ◽  
Marketing Environment ◽  
Marketing Decision ◽  
Marketing Analysis

The analytical activity aims to increase company’s competitiveness and establish its strategic position in the business. Timely diagnosis of threats, identification of key success factors and competitive advantages enables company management to constantly review its marketing goals and strategies by taking proper and timely strategic marketing decisions. In this regard, the main objective of the article is to examine the characteristics and main directions of marketing analysis, emphasizing their importance in the process of strategic marketing decision making. A survey was used as a main method for collecting primary data. The evaluation of the studied indicators is performed on a 5-point Likert-type scale. The obtained results show the underestimated role of the environment analysis in the companies’ marketing activity and its necessity in decision making for a long-term development and prosperity. The conclusion includes a summary concerning the overcoming of these problems.

scholarly journals Critical success factors for routine immunization performance: A case study of Zambia 2000 to 2018

2021 ◽  
Author(s):  
Katie Rodriguez ◽  
Matthew C Freeman ◽  
Kyra A Hester ◽  
Chama Chanda ◽  
Roopa Darwar ◽  
...  
Keyword(s):  
Decision Making ◽  
Critical Success Factors ◽  
Success Factors ◽  
Vaccine Coverage ◽  
Health Systems Strengthening ◽  
Ministry Of Health ◽  
Critical Success ◽  
Essential Components ◽  
The Government

Introduction The essential components of a vaccine delivery system are well-documented, but robust evidence on how and why the related processes and implementation strategies prove effective at driving coverage is not well-established. To address this gap, we identified critical success factors associated with advancing key policies and programs that may have led to the substantial changes in routine childhood immunization coverage in Zambia between 2000 and 2018. Methods We conducted mixed-methods research based on an evidence-based conceptual framework of core vaccine system requirements. Additional facilitators and barriers were explored at the national and subnational levels in Zambia. We conducted a thematic analysis grounded in implementation science frameworks to determine the critical success factors for improved vaccine coverage. Results The following success factors emerged: 1) the Inter-agency Coordinating Committee was strengthened for long-term engagement which, complemented by the Zambia Immunization Technical Advisory Group, is valued by the government and integrated into national-level decision-making; 2) the Ministry of Health improved the coordination of data collection and review for informed decision-making across all levels; 3) Regional multi-actor committees identified development priorities, strategies, and funding, and iteratively adjusted policies to account for facilitators, barriers, and lessons learned; 4) Vaccine messaging was disseminated through multiple channels, including the media and community leaders, increasing trust in the government by community members; 5) The Zambia Ministry of Health and Churches Health Association of Zambia formalized a long-term organizational relationship to leverage the strengths of faith-based organizations; and 6) Neighborhood Health Committees spearheaded community-driven strategies via community action planning and ultimately strengthened the link between communities and health facilities. Conclusion Broader health systems strengthening and strong partnerships between various levels of the government, communities, and external organizations were critical factors that accelerated vaccine coverage in Zambia. These partnerships were leveraged to strengthen the overall health system and healthcare governance.

scholarly journals Strategic Management of Small Enterprises in Commune of Peja

2016 ◽  
Vol 5 (1) ◽  
pp. 153
Author(s):  
Ardian Berisha ◽  
Samir Lleshi
Keyword(s):  
Strategic Management ◽  
Business Strategy ◽  
Small Enterprises ◽  
Financial Indicators ◽  
Positive Relation ◽  
Short Term ◽  
Correlative Analysis ◽  
The City

This research is realized in city of Peja, a city in the western part of Republic of Kosovo. In this research are included 40 small enterprises (27 in the center of the city and 13 in the periphery). From them 37 enterprises were established from familiar-individual capital, whereas only three enterprises were corporations. This research is led from two correlation hypotheses .The first hypothesis of this research is:”Strategic management has a positive relation with the empowering of the short-term and long-term objectives of the small enterprises”, is made correlative analysis and we have the statistical production [r= .502**, p smaller than .001], which supports the first hypothesis. Thus a genuine strategic management affects in the empowering and the reflection of the short-term and long-term objectives of small enterprises. The second hypothesis of this research was;”Business strategy affects in the rise of financial indicators”, is made the correlative analysis and we have this statistical production [r= -.220, p smaller than .172, a result that is not significant and it does not support the second hypothesis of this research.

scholarly journals DIMENSIONS OF STRATEGIC MANAGEMENT IN THE CONTEXT OF MICRO AND SMALL-SIZED ENTERPRISES

2021 ◽  
Vol 17 (3) ◽  
Author(s):  
Vaniele Coelho de Souza Mendes ◽  
Daniela Freitas de Oliveira ◽  
Andréia Maria Kremer ◽  
Rafael Todescato Cavalheiro
Keyword(s):  
Decision Making ◽  
Organizational Behavior ◽  
Strategic Management ◽  
Information Sources ◽  
Personal Characteristics ◽  
Small Enterprises ◽  
Strategy Formulation ◽  
Exact Test ◽  
Micro And Small Enterprises ◽  
Social Importance

Given the economic and social importance of Micro and Small Enterprises (MSEs) and the management challenges faced by these companies, this study sought to diagnose the Strategic Management (SM) of MSEs, focusing on the dimensions of information sources, organizational behavior, competence formation, strategy formulation and inter-functionality. Data were collected through a questionnaire and analyzed using cluster analysis. In addition, Fisher's exact test was performed to verify whether the adoption of SM is associated with the profile of the manager and the company. The results reveal that MSEs have difficulties in accessing information, in encouraging team participation and centralizing decision-making. Although the personal characteristics of the manager are not associated with strategic practices, it is assumed that training in the area could contribute to the adoption of SM in the context of MSEs.

scholarly journals Development of organizational and economic solutions in the strategic management of the organization's production activities using factual methods

2020 ◽  
Vol 82 (2) ◽  
pp. 266-277
Author(s):  
I. E. Ustyugova ◽  
N. M. Shatokhina ◽  
Pham Thi Thuy Ha
Keyword(s):  
Decision Making ◽  
Strategic Management ◽  
Management Practice ◽  
Management Decisions ◽  
Managerial Decision ◽  
Industrial Enterprises ◽  
Economic Decisions ◽  
Internal Information ◽  
Entrepreneurial Activities ◽  
Available Information

The article deals with the problems of solving the following professional tasks in the framework of organizational and managerial, information and analytical and entrepreneurial activities: participation in the development and implementation of a set of measures of operational nature in accordance with the strategy of the enterprise; organization of work of the performers (team players) for specific projects, activities, works; collection, processing and analysis of information about factors external and internal environment of the organization to managerial decision-making; building and maintaining the organization's internal information system for collecting information for decision-making, planning and monitoring; evaluating the effectiveness of management decisions;organizing and conducting business. When developing strategic management decisions, managers at all levels face various challenges. In particular, it is quite difficult to justify the chosen alternative solution for a particular issue related to the management of the organization. For these purposes, various decision-making methods can be used, based on both intuition, professional experience, collective discussions, and a science-based approach. In the process of studying the need to use factographic methods in making various organizational, managerial and economic decisions, the following conclusions are formulated: factographic methods are decision-making methods that are based on the use of actually available information material about the object of forecasting and its past development; for the purposes of forecasting the future state of the object, it is most appropriate to use extrapolation methods that are simple, clear and can be effectively implemented in the management practice of industrial enterprises using computer programs.

Issues of Capacity and Decision-Making in the Context of Delirium

2015 ◽  
Vol 24 (4) ◽  
pp. 140-145
Author(s):  
Kevin R. Patterson
Keyword(s):  
Decision Making ◽  
Patient Autonomy ◽  
Care Setting ◽  
Cognitive Change ◽  
Treatment Team ◽  
Precipitating Factors ◽  
Term Care ◽  
Decision Making Capacity ◽  
Fundamental Consideration

Decision-making capacity is a fundamental consideration in working with patients in a clinical setting. One of the most common conditions affecting decision-making capacity in patients in the inpatient or long-term care setting is a form of acute, transient cognitive change known as delirium. A thorough understanding of delirium — how it can present, its predisposing and precipitating factors, and how it can be managed — will improve a speech-language pathologist's (SLPs) ability to make treatment recommendations, and to advise the treatment team on issues related to communication and patient autonomy.

A Unifying Principle for a Researcher Learning Safety: Reduce Uncertainty!

2018 ◽  
Author(s):  
Camilla Kao ◽  
Russell Furr
Keyword(s):  
Decision Making ◽  
Best Practices ◽  
Mission Statement ◽  
Safety Information ◽  
Health And Safety ◽  
Mission Statements ◽  
Definition Of ◽  
Physical And Chemical

Conveying safety information to researchers is challenging. A list of rules and best practices often is not remembered thoroughly even by individuals who want to remember everything. Researchers in science thinking according to principles: mathematical, physical, and chemical laws; biological paradigms. They use frameworks and logic, rather than memorization, to achieve the bulk of their work. Can safety be taught to researchers in a manner that matches with how they are trained to think? Is there a principle more defined than "Think safety!" that can help researchers make good decisions in situations that are complex, new, and demanding?<div><br></div><div>Effective trainings in other professions can arise from the use of a mission statement that participants internalize as a mental framework or model for future decision-making. We propose that mission statements incorporating the concept of <b>reducing uncertainty</b> could provide such a framework for learning safety. This essay briefly explains the definition of <b>uncertainty</b> in the context of health and safety, discusses the need for an individual to <b>personalize</b> a mission statement in order to internalize it, and connects the idea of <b>greater control</b> over a situation with less uncertainty with respect to safety. The principle of reducing uncertainty might also help <b>non-researchers</b> think about safety. People from all walks of life should be able to understand that more control over their situations provides more protection for them, their colleagues, and the environment.</div>

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