Verification of Strategic Management Process Model in SME into Practice

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43310%2F18%3A43914309" target="_blank" >RIV/62156489:43310/18:43914309 - isvavai.cz</a>

Výsledek na webu

<a href="https://uni.uhk.cz/hed/site/assets/files/1072/proceedings_2018_2.pdf" target="_blank" >https://uni.uhk.cz/hed/site/assets/files/1072/proceedings_2018_2.pdf</a>

DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Verification of Strategic Management Process Model in SME into Practice

Popis výsledku v původním jazyce

Implementing the principles of strategic management into business processes improve decision-making, reduce cost, increase productivity and overall performance of business. Nevertheless, this area is in practice deeply underestimated, especially in small and medium-sized entrepreneurship, in which strategic management is often confused with operational and tactical management. The main goal of paper is to verify the validity of strategic management process model in small and medium-sized entrepreneurship into practice. The model derives from previous research activities that identify strengths and weaknesses in strategic management process of SMEs and optimizes the whole process. The model is simulated on the example of selected SME based on restrictive criteria. The main research methods used in this paper are case study, personal interviewing, financial analyzing, modelling and simulating. The simulation of proposed model into practice verified its validity into practice and showed that its implementing into business could optimize and improve the whole processes and explored the area in small and medium-sized entrepreneurship.

Název v anglickém jazyce

Verification of Strategic Management Process Model in SME into Practice

Popis výsledku anglicky

Implementing the principles of strategic management into business processes improve decision-making, reduce cost, increase productivity and overall performance of business. Nevertheless, this area is in practice deeply underestimated, especially in small and medium-sized entrepreneurship, in which strategic management is often confused with operational and tactical management. The main goal of paper is to verify the validity of strategic management process model in small and medium-sized entrepreneurship into practice. The model derives from previous research activities that identify strengths and weaknesses in strategic management process of SMEs and optimizes the whole process. The model is simulated on the example of selected SME based on restrictive criteria. The main research methods used in this paper are case study, personal interviewing, financial analyzing, modelling and simulating. The simulation of proposed model into practice verified its validity into practice and showed that its implementing into business could optimize and improve the whole processes and explored the area in small and medium-sized entrepreneurship.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50204 - Business and management

Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2018

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Hradec Economic Days 2018: Double-blind peer reviewed proceedings of the international scientific conference. Volume 8, part 2

ISBN

978-80-7435-701-5

ISSN

2464-6059

e-ISSN

2464-6067

Počet stran výsledku

12

Strana od-do

346-357

Název nakladatele

Univerzita Hradec Králové

Místo vydání

Hradec Králové

Místo konání akce

Hradec Králové

Datum konání akce

30. 1. 2018

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000449443600034