J 2022

The business excellence models and business strategy

ZAPLETALOVÁ, Šárka

Basic information

Original name

The business excellence models and business strategy

Authors

ZAPLETALOVÁ, Šárka (203 Czech Republic, guarantor, belonging to the institution)

Edition

TOTAL QUALITY MANAGEMENT & BUSINESS EXCELLENCE, ABINGDON, ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD, 2022, 1478-3363

Other information

Language

English

Type of outcome

Článek v odborném periodiku

Field of Study

50204 Business and management

Country of publisher

Czech Republic

Confidentiality degree

není předmětem státního či obchodního tajemství

References:

RIV identification code

RIV/47813059:19520/22:A0000279

Organization unit

School of Business Administration in Karvina

UT WoS

000754447700001

Keywords in English

EFQM model; strategic planning; business success; business excellence; business strategy; business performance

Tags

International impact, Reviewed
Změněno: 23/3/2022 10:35, Ing. Šárka Zapletalová, Ph.D.

Abstract

V originále

The objective of this paper is to investigate the effect of using the EFQM model in Czech companies on business success. The study is based on primary data collected from top managers of selected 477 Czech private companies which are incorporated and located in the Czech Republic. Primary data were collected by the method of oral questioning. The companies under research were selected with the method of non-probability purposive sampling, or more precisely by assumption and occasional selection. The research was carried out in the Czech Republic between October 2018 and January 2019. The relationships are analyzed using relevant regression techniques. From the results generated by research methodology, the EFQM model has a very important weight and plays a key role in the strategic planning of the company. This fact is confirmed by the high direct effect, as well as by the high indirect effect between both variables. These results indicate that the using of the EFQM model constitutes a key piece in the strategic planning of the company to achieve of business success.