scholarly journals Dynamic strategy and sustainable business development: lessons learned from the crisis

2013 ◽  
Vol 61 (7) ◽  
pp. 2827-2833
Author(s):  
Jarmila Šebestová ◽  
Kateřina Nowáková
Keyword(s):  
Business Environment ◽  
Lessons Learned ◽  
Medium Size ◽  
Company Performance ◽  
Sustainable Business ◽  
The Czech Republic ◽  
Dynamic Strategy ◽  
Innovative Thinking ◽  
Practical Model ◽  
The Relationship

Each adaptation in business is an impulse to change and may cause unexpected behaviour inside or outside the company. This article aims to present an innovative thinking bond and investment success in overcoming the crisis, based on the results of the research carried out. From knowledge of current methods of management and business management services in general it can be inferred that the enterprise can develop an open system that is capable of rapidly adapting to positive and negative external influences. Which interactions support the dynamics and adaptability of the strategy in a positive way? As a contribution to the literature, the paper will highlight which elements have the biggest influence on the flexibility of business and which items are the most important for sustainable behaviour in an uncertain and turbulent environment. In this survey (twice observed groups), the main aim is to identify the effect of investment on innovation, strategy preparation and the relationship between financial ratios and company performance. The survey of this study was conducted with owners and managers of small and medium size businesses in the Czech Republic (under 250 employees) operating between the years 2007–2012. The main goal of this paper is, based on the literature review, to provide a practical model of adaptation. Research methodology, analyses results and research models will take place in the second section. The results of the analyses will be discussed and recommendations will be provided in the last section. The QRBITS analysis is presented as a special tool for analyzing the business environment and resources. Finally, a model of dynamic entrepreneurship is presented as a combination of factors which generate the final effectiveness of strategy implementation.

scholarly journals Moderators affecting the relationship between coopetition and company performance

2019 ◽  
Vol 34 (2) ◽  
pp. 518-531 ◽  
Author(s):  
James M. Crick
Keyword(s):  
Optimal Level ◽  
Business Environment ◽  
Performance Outcomes ◽  
Business Strategies ◽  
Future Research ◽  
Company Performance ◽  
Organizational Resources ◽  
Content Type ◽  
Resources And Capabilities ◽  
The Relationship

PurposeThe purpose of this paper is to examine the moderating factors that could affect the relationship between coopetition (the interplay between cooperation and competition) and company performance.Design/methodology/approachUnder the relational view and resource-based theory, key articles surrounding coopetition were reviewed. A conceptual framework (with six research propositions) was developed to understand the nature of the relationship between coopetition and company performance.FindingsWhile the coopetition – company performance relationship has been well-studied, this link could be moderated by the competitive business environment, organizational resources and capabilities, and trust between rivals. Further, most authors have explored the linear relationship between coopetition and company performance; however, in this paper, the non-linear (inverted U-shaped) link is also conceptualized, whereby firms might experience “too little” and “too much” coopetition in their business strategies.Practical implicationsManagement teams should engage in an “optimal-level” of coopetition by sharing resources and capabilities with rival firms, but not to the extent where they depend on such competitors. If firms rarely collaborate with their competitors, they risk not being able to achieve their performance objectives. Likewise, if businesses engage in excessive degrees of coopetition, there could be tensions between the rival companies involved. Also, practitioners should be aware of the factors that can improve or reduce their performance when they implement coopetition activities. By taking: the competitive business environment, organizational resources and capabilities, and trust between rivals into consideration, the themes of this paper should be used to help managers to maximize company performance (considered in multiple capacities).Originality/valueThis paper is used to help scholars and practitioners to understand the factors that could help or hinder the performance outcomes of coopetition activities. By appreciating the moderating roles of the competitive business environment, organizational resources and capabilities, and trust between rivals, managers are anticipated to provide themselves with scope to alter their coopetition activities to improve their performance. This article ends with a series of managerial implications, alongside some limitations and avenues for future research.

scholarly journals On analysis of some factors of the sustainability of corporate business in the conditions of the covid-19 pandemic

2021 ◽  
Vol 7 (Extra-B) ◽  
pp. 349-364
Author(s):  
Dong Zhao ◽  
Sergey Orekhov ◽  
Vladimir Velikorossov ◽  
Maksim Maksimov ◽  
Natalia Prodanova ◽  
...  
Keyword(s):  
Performance Indicators ◽  
Sustainable Management ◽  
Cost Management ◽  
Business Environment ◽  
Lessons Learned ◽  
External Approach ◽  
Key Factors ◽  
Corporate Business ◽  
The Relationship

The presented article aims to identify the key factors that can influence the success of sustainable management of corporate structures in a pandemic and post-pandemic state of the business environment. In the practical sphere, the authors set tasks to develop practical methods that can increase the efficiency of cost management in the strategic horizon and form a system of key performance indicators that allows to adequately assess the results of the corporation's activities. According to the authors, this should be done in advance and consider the lessons learned from cost management in the context of the COVID-19 pandemic. The results were obtained while testing the hypothesis about the relationship between the strategic cost management system and the quality of corporate business. This hypothesis is rejected by the external approach to business quality but confirmed by the internal approach to business quality.

scholarly journals The Influence of Competitiveness on Start-up in SMES Segment

2021 ◽  
Vol 24 (1) ◽  
pp. 102-117
Author(s):  
Ján Dvorský ◽  
Martin Čepel ◽  
Mihaela Simionescu ◽  
Pavol Ďurana
Keyword(s):  
Slovak Republic ◽  
Business Environment ◽  
Competitive Environment ◽  
Important Indicator ◽  
The Czech Republic ◽  
Business Goals ◽  
Scientific Hypothesis ◽  
Start Up ◽  
The Relationship

The paper aims to identify important factors for competitiveness (CF – Competitive environment, FF – Narrower business environment), which impact start-up in a segment of SMEs. In regards to the defined aim, survey-based research was conducted with enterprises operating in the SME segment. Three 312 enterprises in the Czech Republic and 329 enterprises in the Slovak Republic were approached during this research. The multiple linear regression was used: (a) to quantify the relationship between the variables, (b) to identify the most critical indicator of QBE, and also to verify the scientific hypothesis. The competitive environment has a significant impact on the quality of the business environment in the SME segment. The authors found that the selected factors (CF and FF) were statistically significant. The competitive environment (CF) has a greater impact on the quality of the business environment than the narrower business environment (FF). Human capital represented by employees and the adequacy of supplier prices are indicators that have a significant impact on the quality of the business environment in the SME segment. The most critical CF indicator is that the suppliers of SMEs demand reasonable prices for their products and services. On the contrary, the least significant indicator is the intensity of competition in the sector. The most important indicator of a narrower business environment is the contribution of employees in achieving business goals. On the opposite, the least important indicator of a narrower business environment is the support of suppliers to meet the business goals of SMEs.

scholarly journals Does Competitively Distinct Operation Enable Performance in Turbulent Business Environment? A Study on Finnish SMEs

2016 ◽  
Vol 7 (3) ◽  
pp. 94-104
Author(s):  
Binod Timilsina
Keyword(s):  
Financial Performance ◽  
Organizational Performance ◽  
High Efficiency ◽  
Negative Impact ◽  
Business Environment ◽  
Operational Performance ◽  
Medium Size ◽  
Research Model ◽  
The Impact ◽  
The Relationship

Abstract Aligning resource choice and operations decision in the value chain (input-process-output) is one of the most important functions of a firm not only to make its operations to be competitively distinct but also very important for the firm’s growth and survival. However, the role of competitively distinct operations in maintaining better performance in dynamic and changing business environment has remained unclear. Therefore, this paper examined the relationship between competitively distinct operations, high efficiency operations and operational performance (research model one). In the similar manner the relationship between turbulent business environments, operational performance and financial performance were also examined (research model two). The study was conducted considering survey responses from 61 small and medium size enterprises from Finland. Correlation test and structural path modelling was used to test and validate the proposed hypothesis and research model. The results showed that competitively distinct operation enables high efficiency operations, which influences operational performance positively and significantly. In the similar manner, operational performance influences financial performance positively and significantly. Likewise, turbulent business environment was found to have a negative impact on operational and financial performance. The research findings are found to be adequate enough to highlight the importance of aligning resource choice and operations decisions in reducing the impact of turbulent business environment on organizational performance.

scholarly journals Case Study on Logistics Performance

10.5772/56264 ◽  
2013 ◽  
Vol 5 ◽  
pp. 14
Author(s):  
Shahryar Sorooshian ◽  
Manimekalai Jambulingam ◽  
Javad Dodangeh
Keyword(s):  
Supply Chain ◽  
Business Environment ◽  
Medium Size ◽  
Company Performance ◽  
Theoretical Discussion ◽  
Online Data ◽  
Chain Management ◽  
And Performance ◽  
Manufacturing Organization

The paper presents research carried out at a medium-size manufacturing organization in east Asia. The study tries to highlight the importance of supply chain management; specifically, our aim for this study is to understand logistics and performance measurement in the logistics and supply chain, and we include a theoretical discussion of online data collected and a case study of the logistic performance of a real organization. The study also examines the performance of the selected company, identifies the problems and provides recommendations for improvements. This study can be a guide for business advisers and those interested in analysing company performance, especially from a logistics viewpoint. We also suggest the methodology of this case study for those who want to have a better understanding of a business environment before starting their own business, or for benchmarking practice during strategic planning.

scholarly journals Changes in the Czech Business Environment by the View of SME Managers

2018 ◽  
Vol 66 (2) ◽  
pp. 509-519
Author(s):  
Helena Chládková
Keyword(s):  
Czech Republic ◽  
World Bank ◽  
Business Environment ◽  
Situational Analysis ◽  
The Czech Republic ◽  
Transparency International ◽  
Doing Business ◽  
The World Bank ◽  
The Relationship

This article shows first of all opinions of SME managers on the changes in the quality of the Czech business environment. The article contains the views of managers identified in 2017 and 2015 and compares them with the detected results in 2010 and 2004. It is interesting that managers reported more opportunities than threats in all years. Because the most of respondents (SME managers) were active in a municipality of up to 2000 residents in villages in southern Moravia their views on the quality of the business environment can be used to assess the competitiveness of the region and to reflect on the relationship between small and medium-sized enterprises and regional development. The paper also documents the applicability of the situational analysis of the external environment in SMEs. But the quality of business environment is evaluated also based on the results of the World Bank and Transparency International for purposes of international comparison in this article. To assess the quality of the business environment was used Corruption Perceptions Index by Transparency International. Czech Republic ranked 37 place with the score 56 in 2015 (score 51 in 2014). Also, World Bank in its results “Doing business 2016” shows improve conditions for business in the Czech Republic.

Analyzing the development of approaches to company performance measurement

2020 ◽  
Vol 19 (6) ◽  
pp. 1173-1188
Author(s):  
A.B. Kogan ◽  
A.N. Pristavka
Keyword(s):  
Comparative Analysis ◽  
Performance Measurement ◽  
Business Environment ◽  
Theoretical Research ◽  
Effectiveness Evaluation ◽  
Economic Science ◽  
Company Performance ◽  
Financial Indicators ◽  
Methodological Framework ◽  
Simple Set

Subject. The article presents various definitions of the efficiency concept, their changes as the economic science evolves, and describes various methods to measure company performance efficiency, ranging from a simple set of financial indicators to comprehensive systems for effectiveness evaluation. Objectives. The purpose of the study is to systematize the said definitions and identify a category that will meet the current condition of business environment. Methods. The study rests on the retrospective and comparative analysis of interpretations of the efficiency concept in the economic science. We also employ the historical and logical methods of general theoretical research. Results. We identify three approaches to the interpretation of the efficiency concept. Within the selected approaches, we consider the main methods for company performance measurement that have emerged since 1914. The paper formulates criteria, which were used to carry out the comparative analysis of these methods. The analysis enabled to trace all changes in the methods. Conclusions. We propose to use the term Integrated Company Efficiency and to develop methodological framework for measuring the comprehensive efficiency of companies operating in various industries.

Innovative Thinking on the Relationship between the Provision of Local Services and Inequality in Israel

2020 ◽  
Vol 35 (3) ◽  
pp. 31-51
Author(s):  
Yoram Ida ◽  
Amir Hefetz ◽  
Assaf Meydani ◽  
Gila Menahem ◽  
Elad Cohen
Keyword(s):  
Implementation Process ◽  
Local Variation ◽  
Two Dimensions ◽  
National Standard ◽  
Local Authorities ◽  
Innovative Methodology ◽  
Local Services ◽  
Innovative Thinking ◽  
Mandatory Service ◽  
The Relationship

What innovative policy tools can be introduced so that the provision of local services will mitigate inequality among residents of different localities? Based on the ‘new localism’ approach, this article examines one such tool—a mandatory national standard for services provided by local authorities (a ‘service basket’)—and suggests that the implementation process should consider local variation and autonomy. The novelty of our approach lies in including both objective and normative considerations in the methodological instrument that we developed to capture these two dimensions. This innovative methodology also enabled us to estimate existing service gaps among local authorities and the burdens some will face upon instituting a mandatory service basket.

Leadership and Employee Motivation: Moderating Role of Gender

2016 ◽  
Vol 5 (1) ◽  
Author(s):  
Beena Prakash
Keyword(s):  
Transformational Leadership ◽  
Employee Motivation ◽  
Business Environment ◽  
Demand Pull ◽  
Logistics Services ◽  
And Gender ◽  
The Relationship ◽  
Core Issues ◽  
Moderating Role

With the present business environment which is creating a strong demand pull for quality and efficient logistics services, core issues are being gradually removed with time but HR issues are still neglected. Motivation can be the key process of boosting the morale of employees to encourage them to willingly give their best in accomplishing assigned tasks. During growth of any sector, dimensions of leadership can have great impact on employee motivation. This research paper analyzes impact of transformational leadership on employee motivation and moderating role of gender. The result shows significant positive correlation between transformational leadership and employee motivation and gender does moderate the relationship.

Business Location and Success: The Case of Internet Café Business in Indonesia

2004 ◽  
Vol 6 (2) ◽  
pp. 171 ◽  
Author(s):  
Nurul Indarti
Keyword(s):  
Field Research ◽  
Business Environment ◽  
Business Success ◽  
Location Decision ◽  
Location Factors ◽  
Positive Direction ◽  
Independent Variables ◽  
Business Location ◽  
The Relationship ◽  
Commercial Center

This research aims to examine the relationship between business location decision and business success. The case is Internet café business in Indonesia. This research is addressed to answer these main questions: (1) what factors do underlie location decision for an Internet café business?; and (2) does location decision determine success of Internet café business? A field research is conducted to answer these questions.Factor analysis applied to 17 location factors reveals five underlying dimensions of business location decision. They are centrality, business environment, business venue, cost, and labor. Based on responses from 93 Internet cafés in three locations (i.e. Yogyakarta, Surabaya, and Lombok), the author finds that favorable location of business is positively related to business success. More specifically, a regression analysis reveals that availability of utilities, proximity to schools/universities and security affect business success in a positive direction, while proximity to highways, being in commercial center affect in a negative direction. The independent variables explain 23 percent of total variance.

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