BUDWEIS VALUE ADDED PROCESS MATRIX AS A NEW TOOL FOR STRATEGIC PLANNING IN ENTERPRISES
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F75081431%3A_____%2F24%3A00002734" target="_blank" >RIV/75081431:_____/24:00002734 - isvavai.cz</a>
Result on the web
<a href="https://pjms.zim.pcz.pl/article/546170/en" target="_blank" >https://pjms.zim.pcz.pl/article/546170/en</a>
DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
BUDWEIS VALUE ADDED PROCESS MATRIX AS A NEW TOOL FOR STRATEGIC PLANNING IN ENTERPRISES
Original language description
The objective of the paper is to introduce a new strategic planning tool, the Budweis Value Added Process (BVAP) matrix, an authorial instrument meticulously designed to transcend traditional portfolio planning methodologies. In today's dynamic business landscape, the BVAP matrix provides a comprehensive framework for evaluating the performance and efficiency of enterprise components. The article's findings demonstrate how the matrix can identify positions based on production and sales productivity, leading businesses towards the "Full Wallet" quadrant, representing peak productivity with increased operational profit margins, improved value addition, and reduced manufacturing durations. The BVAP matrix is unique because it includes a temporal component to account for product lifecycles, providing a more detailed view of portfolio stability and optimization. This new element, along with the matrix's compatibility with current strategic needs, represents a major advancement in strategic planning tools. The results highlight the matrix's effectiveness in promoting strategy alignment to improve company performance. The empirical validation in an industrial setting confirms the matrix's significance and its ability to influence future strategic planning approaches, providing a new perspective for organizations to manage today's challenging market environments. The research methods used to achieve the assumed goal are, in the theoretical part, a critical analysis of literature, and in the research part, an original method, the Budweis Value Added Process (BVAP) matrix, supporting strategic planning processes in enterprises.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50204 - Business and management
Result continuities
Project
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Continuities
V - Vyzkumna aktivita podporovana z jinych verejnych zdroju
Others
Publication year
2024
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Polish Journal of Management Studies
ISSN
2081-7452
e-ISSN
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Volume of the periodical
29
Issue of the periodical within the volume
2
Country of publishing house
PL - POLAND
Number of pages
17
Pages from-to
182-198
UT code for WoS article
001282259300011
EID of the result in the Scopus database
2-s2.0-85201602906