J
2022
The business excellence models and business strategy
ZAPLETALOVÁ, Šárka
Basic information
Original name
The business excellence models and business strategy
Edition
TOTAL QUALITY MANAGEMENT & BUSINESS EXCELLENCE, ABINGDON, ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD, 2022, 1478-3363
Other information
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
RIV identification code
RIV/47813059:19520/22:A0000279
Organization unit
School of Business Administration in Karvina
Keywords in English
EFQM model; strategic planning; business success; business excellence; business strategy; business performance
Tags
International impact, Reviewed
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.
Displayed: 26/11/2024 03:39