The construction of an appropriate performance measurement system is an important objective that every company is facing today. Firms using sustained performance measurement systems in management ...achieve higher efficiency. The performance measurement system is one of the determinants which creates an enterprise’s value. Small enterprises do not understand the need for performance measurement formalization or the potential benefits that come from management information systems. They conduct their business results in an informal way, without the systemic approach. Moreover, their decision support systems rely on information and knowledge generated by informal transformations and processes. As companies grow, they lean their decision support systems more on information from the performance measurement systems.
Purpose of the article is to present the scope and forms of informal performance measurement used in small enterprises. Method used was a nationwide survey conducted by the CATI method, which was covered by 100 small Polish companies. Analysis was accomplished by the chosen statistical tests and measures. The study provides an original contribution of the author. As a result of the research, it has been found, that most small businesses measured their performance, especially in non-financial perspectives. However, this measurement was informal and often not supported by the use of appropriate measures.
In the current market economy, it is important to evaluate and forecast the situation and business performance of enterprises to provide the necessary information for managers to plan for future use ...of resources. This study aims to evaluate and predict the business performance of logistics companies in Vietnam. The authors use the optimal algorithm in the data envelopment analysis (DEA) to evaluate the business efficiency of the companies in the years 2014-2017. In addition, the authors use Grey system theory to forecast business results and their future use during the period of 2018-2021. The research shows that Gemadept Corporation and Sea & Air Freight International use the their business resources effectively and as expected, and that these companies will continue to thrive in the future. This study provides a method to measure, evaluate, and forecast the business performance of the logistics companies. Managers and the government can rely on this approach for implementation and overall planning of logistics enterprises in the future.
Much has been written about SME owner-manager decision making and SME marketing efficiency. SME marketing theories have been drawn from the marketing, management and entrepreneurship literatures. ...These have provided the foundation for investigative empirical work focusing on how SME owner-managers actually do business. This paper reviews the relevant literature and offers some insights based on experience of working with SMEs at different stages of their development. Then two SME case examples are used to illustrate how SME owner-managers develop specific business activities within very competitive markets by focusing on SME business efficiency in practice. The case findings are considered in the context of current business practice and leadership thinking.
Estructuras organizativas favorables a la Eficiencia Empresarial Bernal Ávila, Esteban Mauricio; Erazo Álvarez, Juan Carlos; Narváez Zurita, Cecilia Ivonne
Revista Arbitrada Interdisciplinaria Koinonía (Online),
09/2019, Letnik:
4, Številka:
1
Journal Article
Recenzirano
Odprti dostop
Recibido: 10 de agosto de 2019Aprobado: 30 de agosto de 2019 En la actualidad, debido al incremento en la demanda y la oferta de materiales de acabados de construcción, varias empresas de nuestro ...medio se han visto en la necesidad de, además de mejorar su cartera de productos, mejorar también sus métodos de gestión para aumentar la eficiencia empresarial. Es por esto que la presente investigación propone una estructura organizativa favorable para la empresa PALO ALTO que, adaptada a su filosofía empresarial, permitirá que el desarrollo de su organización esté dirigido por su direccionamiento estratégico y además que la gestión de procesos sea un pilar fundamental para su operatividad. Se explica cuáles son las competencias que deben tener los cargos de cada parte de la estructura propuesta y cuál debe ser el canal de comunicación entre estos cargos. La investigación es de tipo no experimental pues no se manipulan variables sino se estudian los fenómenos de la empresa en su estado actual para posteriormente analizarlos y explicarlos. Es de tipo mixta, pero con un especial enfoque cualitativo.
The theoretical foundations of organizational and managerial innovation in increasing efficiency of manufacturing, practical business aspects of organizational and managerial innovation in enhancing ...business efficiency are studied. These issues were considered both by Ukrainian and foreign scientists. However, today, despite the multitude of works highlighting these issues, there are no comprehensive studies dealing with the generalization and systematization of existing supply chain models. Organizational and managerial innovations in increasing efficiency of logistics are considered using the example of a supply chain. It is proved that organizational and managerial innovations are continuous in time, starting from the initial one, which, after a situational analysis, goes through planning, programming, particular actions aimed at its implementation and making decisions for the future. Given the existing risks and the complexity of innovative solutions, specific approaches are proposed to increase efficiency of logistics using the example of a supply chain. Improving a supply chain with particular tools allows introducing market changes in the organization of the supply chain. Application of innovation in logistics requires quick decisions to address the issues of production, management and environmental impacts on logistics processes. It is found that a supply chain with the necessary attributes provides many benefits to companies that use its tools through outsourcing agreements. Considering the practice of European companies, it is proven that the introduction of logistics tools increases the company’s profitability after six months of their constant use and its participation in logistics outsourcing projects, contributes to the growth of the company’s market share, speeds up its penetration into new markets by expanding the geography of the functioning of logistics operators and banks – supply chain business partners.
The aim of this work paper is to suggest efficient model of business efficiency in agro industrial products commerce, by integration of marketing mix instruments – product and price. Marketing ...research provides solid bases for foundation of good and efficient management moment, as an assumption of good market position. Based on determined goals and research objects, using qualitative methods of marketing research, the goal is the establishment of functional model of business efficiency. Another aim is to establish efficient communication model for interested parts, on relation service provider (enterprise), retailer, buyer and consumer in agro industrial products commerce within special market institutions (wholesale markets).
Under modern conditions of turbulent external environment, one of the reserves for increasing the efficiency of an enterprise’s economic activity is its involvement in joint activities with other ...enterprises, which together form a large-scale economic and production system. The author’s hypothesis in this case is to consider efficiency as a function of the ability of participants in a large-scale system to establish appropriate communications. Accordingly, the shortcomings of communication of participants in a large-scale system are determined by the main factor of stability loss of the economic-production system. The aim of the article is to develop the theoretical and methodological bases for ensuring an increase in viability of large-scale economic-production systems through optimizing the links between its participants by the criterion of compliance with structural and communication stability. In the framework of achieving the aim of the article, the relevance of introducing the concept “structural and communication stability” of an enterprise is proved, and its essence is substantiated. To identify the factors of stability loss, there used recommendations from the body of knowledge on system engineering regarding the construction of a hierarchy (holarchy) of a complex system, for each level of which the factor of stability loss is determined. A reference model for establishing communication between participants of a large-scale system is developed, and the possibility of detailing such a model by means of multi-agent modeling is provided for detailing the parameters of interaction between participants of a large-scale economic production system. The application of this model is the basis for ensuring the stability of the economic system by forcing internal and external stakeholders to fulfill their functions.
The biggest problem for many small and medium-sized enterprises (SMEs) is not the idea or the product they provide, nor the customers, but the market demand for their products / services. The very ...high prices of the logistics operating conditions of SMEs are decisive for the survival of a small business. Business Incubators (BI) come in response to the needs of the SME sector in the core business milestones, such as initiating and penetrating the market. BI aims to ensure that its captivity has a positive effect on the problems of work placement and ensuring a decent living for the population of a territory, a community. BI are part of a strategic framework of economic development of the Republic of Moldova, especially of the rural regions. The main purpose of this article is to develop the concept of BI as a logistical support of the SME sector in terms of network development as well as to improve the efficiency of their activity in the Clusters.
Continuous stakeholder demands for more detailed and transparent reporting have led to the development of a new reporting framework. That is the so-called International Integrated Reporting Framework ...according to which companies report on financial and non-fmancial aspects of business operations. More importantly, they show the way in which value is created through the established business model in the short, medium, and long term. Since it is still considered a new tool for socially responsible reporting, the question arises of its recognizability and level of its implementation and impact on business operations. Therefore, this paper analytically deals with the overall concept of integrated reporting and its connection with the principle of efficiency as the basis of the value-making process. Therefore, the main objective of the paper was to investigate the current application of the concept of integrated reporting in companies of the Republic of Croatia and the Republic of Slovenia, in the period from 2011 to 2016, and to determine whether a greater degree of business efficiency influences the implementation of integrated reporting methods and socially responsible business operations. The method of online research, descriptive statistics, and non-parametric method of hypothesis testing were used. Although the results showed a low level of application of the International Integrated Reporting Framework, the empirical part shows that a higher level of business efficiency encourages companies to conduct more socially responsible business operations through the presentation of economic, environmental, and social aspects of business operations.
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