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Vol.8, No.4, November 2019. ISSN: 2217-8309 eISSN: 2217-8333
TEM Journal
TECHNOLOGY, EDUCATION, MANAGEMENT, INFORMATICS Association for Information Communication Technology Education and Science |
Comparison of Using Managerial Instruments in Industry Companies in Slovakia and the Czech Republic
Katarína Teplická, Soňa Hurná, Jaroslava Kádárová
© 2019 Katarína Teplická, published by UIKTEN. This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License. (CC BY-NC-ND 4.0)
Citation Information: TEM Journal. Volume 8, Issue 4, Pages 1191-1197, ISSN 2217-8309, DOI: 10.18421/TEM84-12, November 2019.
Received: 20 June 2019. Revised: 28 October 2019.
Abstract:
Performance management is key factor of successful business and obtaining competitiveness advantages on the global business market. Monitoring of performance is basic instrument of innovative activities in the industrial enterprises. The main goal of this contribution is to monitor the attitudes of industrial enterprises in Slovakia and the Czech Republic to the use and application of performance management tools. Based on a questionnaire survey in industrial enterprises in Slovakia and in the Czech Republic, we monitored the areas of performance management that businesses prefer, specific financial indicators, and new management tools implemented in companies. The conclusion of the research pointed to the most monitored area - finance, from the point of view of financial indicators the most monitored are costs, revenues, profit, liquidity, indebtedness. New trends in performance management that businesses have introduced are quality management, project management, and EVA financial indicator.
Keywords –profit, performance management, financial indicators, monitoring, efficiency. |
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