Construction of a Business Framework based on Synergies in International Corporate Sphere

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F17%3A63516883" target="_blank" >RIV/70883521:28120/17:63516883 - isvavai.cz</a>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Construction of a Business Framework based on Synergies in International Corporate Sphere

Popis výsledku v původním jazyce

The paper develops and proposes a strategic business framework (model) based on synergy effects of the most frequently used business models within selected management systems. The main assumption is that the proposed strategic framework shall be designed to address particular needs of each company in order to stay effective in future and improve overall performance including identification of main weaknesses and taking corrective measures. After reviewing and analysing selected business models that have been identified in research as well as practitioner-oriented journals of leading management and business spheres available within the Web of Science electronic database, a list of general characteristics of essential business elements important for each company to be installed into its business model is defined. A focus is laid upon those business models and their elements that have seemed to gain attention by a large number of companies all over the world so far and have been used frequently. These companies do not usually copy or imitate a business model that has proved to become successful elsewhere. They usually create its particular business model having a clear strategy on which elements should be embedded in it. The majority of successful companies use components within their business models that influence overall high performance, and, therefore, they are analysed in detail in order to serve as a basis of a construction of proposed business framework. All the requirements of enterprises are included in the framework that is designed to support companies in reviewing their performance measurement and management systems and enabling their effective use. Companies may use it to evaluate and improve their performance and through its easy application they can support continuous improvement of their performance management and measurement practices. The paper concludes by noting the limitations of the research and suggesting areas for further research.

Název v anglickém jazyce

Construction of a Business Framework based on Synergies in International Corporate Sphere

Popis výsledku anglicky

The paper develops and proposes a strategic business framework (model) based on synergy effects of the most frequently used business models within selected management systems. The main assumption is that the proposed strategic framework shall be designed to address particular needs of each company in order to stay effective in future and improve overall performance including identification of main weaknesses and taking corrective measures. After reviewing and analysing selected business models that have been identified in research as well as practitioner-oriented journals of leading management and business spheres available within the Web of Science electronic database, a list of general characteristics of essential business elements important for each company to be installed into its business model is defined. A focus is laid upon those business models and their elements that have seemed to gain attention by a large number of companies all over the world so far and have been used frequently. These companies do not usually copy or imitate a business model that has proved to become successful elsewhere. They usually create its particular business model having a clear strategy on which elements should be embedded in it. The majority of successful companies use components within their business models that influence overall high performance, and, therefore, they are analysed in detail in order to serve as a basis of a construction of proposed business framework. All the requirements of enterprises are included in the framework that is designed to support companies in reviewing their performance measurement and management systems and enabling their effective use. Companies may use it to evaluate and improve their performance and through its easy application they can support continuous improvement of their performance management and measurement practices. The paper concludes by noting the limitations of the research and suggesting areas for further research.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50206 - Finance

Projekt

<a href="/cs/project/GP14-18597P" target="_blank" >GP14-18597P: Tvorba strategického modelu výkonnosti založeného na synergických efektech vybraných soustav řízení</a><br>

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Rok uplatnění

2017

Kód důvěrnosti údajů

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

Název statě ve sborníku

Proceedings of the 13th European Conference on Management, Leadership and Governance

ISBN

978-1-911218-63-0

ISSN

2048-9021

e-ISSN

neuvedeno

Počet stran výsledku

9

Strana od-do

18-26

Název nakladatele

Academic Conferences and Publishing International Limited

Místo vydání

London

Místo konání akce

Londýn

Datum konání akce

11. 12. 2017

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

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