ADÁMEK, Pavel. A Comparative Analysis of the Performance of the Czech Excellence Award Winners. In 2018 ENTRENOVA Conference Proceedings. Split, Croatia: IRENET, Zagreb, Croatia, 2018. p. 7-16. ISBN "Neuveden".
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Basic information
Original name A Comparative Analysis of the Performance of the Czech Excellence Award Winners
Authors ADÁMEK, Pavel (203 Czech Republic, guarantor, belonging to the institution).
Edition Split, Croatia, 2018 ENTRENOVA Conference Proceedings, p. 7-16, 10 pp. 2018.
Publisher IRENET, Zagreb, Croatia
Other information
Original language English
Type of outcome Proceedings paper
Field of Study 50204 Business and management
Confidentiality degree is not subject to a state or trade secret
Publication form electronic version available online
RIV identification code RIV/47813059:19520/18:00011218
Organization unit School of Business Administration in Karvina
ISBN "Neuveden"
ISSN 1849-7950
Keywords in English EFQM Model Excellence; total quality management; emerging country; performance management
Changed by Changed by: RNDr. Daniel Jakubík, učo 139797. Changed: 21/11/2019 15:05.
The purpose of this paper is to assess whether the implementation of excellence approach in area of a total quality management (TQM) positively affects the financial performance of the Czech companies. This paper test whether the adoption of excellence model approach from European Foundation of Quality Management (EFQM) has the impact on companies in the monitored indicators of the level of excellence in the Czech Republic represented by the group of emerging countries. This study is based on information gathered through an extensive literature review using print media, research databases, and we employed the available reporting for awarded companies. We systemized the variables of business excellence with the higher impact on organizational performance. As an example was involved the Czech companies awarded in National Quality Award (NQA) in the area of excellence. The main findings of this study shows the positive relation in selected financial indicators after receiving NQA and implementation excellence approach. In terms of the Czech Republic, although the NQA system is in place, Czech companies are not so interested, even though they can get feedback and work on their approach within the set criteria of the EFQM model in NQA. Based on selected performance indicators, the positive development of the companies was demonstrated on performance achieved by the TQM-oriented award winning companies.
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