D 2019

Enterprise Strategic Management - Institutional Context and Increasing the Enterprise Performance

ZÁTHURECKÝ, Viliam and Peter MARINIČ

Basic information

Original name

Enterprise Strategic Management - Institutional Context and Increasing the Enterprise Performance

Authors

ZÁTHURECKÝ, Viliam (203 Czech Republic, guarantor, belonging to the institution) and Peter MARINIČ (703 Slovakia, belonging to the institution)

Edition

1st ed. Alexander Malinov Blvd. 51, 1712 Sofia, 6th SWS International Scientififc Conference on Social Sciences 2019 (SGEM), p. 511-518, 8 pp. 2019

Publisher

STEF92 Technology Ltd.

Other information

Language

English

Type of outcome

Proceedings paper

Field of Study

50204 Business and management

Country of publisher

Bulgaria

Confidentiality degree

is not subject to a state or trade secret

Publication form

printed version "print"

References:

RIV identification code

RIV/00216224:14560/19:00112438

Organization unit

Faculty of Economics and Administration

ISBN

978-619-7408-92-8

ISSN

DOI

Keywords in English

strategic management; business strategy; institutional position; strategic position; knowledge management

Tags

International impact, Reviewed
Changed: 24/9/2020 06:06, Mgr. Ing. Peter Marinič, Ph.D.

Abstract

In the original language

Strategic business management has become a common management method. Yet views about the impact on business performance are inconsistent and dispersed among different business disciplines. We proceed from the premise that the benefits that enterprises can gain from a high-quality strategic business management depends mainly on institutional conditions in their home environment. Based on the research made as a part of ROSTAPO international project focused on competitiveness of small and medium-sized enterprises by institutional theory among international business, Czech and Austrian construction enterprises, we assessed the transfer of backward knowledge into business practice with a view to increasing their performance. The results of the analysis, which presents a set of 288 enterprises, show that the application of a methodology and a system of strategic business management has an impact on business performance. However, it is necessary to state that the differences in the institutional environment in each country of the project, namely Austria and Czech Republic, have an impact on the effective application of backward knowledge of the strategic management of the company. However, it is also clear from the presentation of the results that these differences have decreased over time.

Links

CZ.02.3.68/0.0/0.0/16_011/0000662, interní kód MU
Name: Vzdělávání 2.0 - Rozvoj klíčových kompetencí prostřednictvím podpory vzdělávání zaměřeného na cíl (Acronym: Vzdělávání 2.0)
Investor: Ministry of Education, Youth and Sports of the CR, Priority axis 3: Equal access to high-quality pre-school, primary and secondary education