Strategic Management and Decision Making of Small and
Medium-Sized Enterprises in the Czech Republic

D 2020

Strategic Management and Decision Making of Small and Medium-Sized Enterprises in the Czech Republic

STRAKOVÁ, Jarmila and Milan TALÍŘ

Basic information

Original name

Strategic Management and Decision Making of Small and Medium-Sized Enterprises in the Czech Republic

Authors

STRAKOVÁ, Jarmila (203 Czech Republic, guarantor, belonging to the institution) and Milan TALÍŘ (203 Czech Republic, belonging to the institution)

Edition

Volume 73. Les Ulis, Francie, SHS Web of Conferences, p. nestránkováno, 10 pp. 2020

Publisher

EDP Sciences - Web of Conferences

Other information

Language

English

Type of outcome

Stať ve sborníku

Field of Study

50204 Business and management

Country of publisher

France

Confidentiality degree

není předmětem státního či obchodního tajemství

Publication form

electronic version available online

References:

URL

RIV identification code

RIV/75081431:_____/20:00002006

Organization unit

Institute of Technology and Business in České Budějovice

ISBN

978-2-7598-9094-1

UT WoS

000648964700040

Keywords in English

strategic management; vision; mission; corporate strategy; situation analysis

Links

TL01000349, research and development project.

Změněno: 21/6/2021 09:45, Mgr. Nikola Petříková

Abstract

V originále

The topic of strategic management and decision making was underestimated by SMEs for a long term. Managers believed that experience, intuition and operability are the key success factors of their management work. These opinions have recently been abandoned in the management practice. This paper is focused on the analysis of strategic management and decision making and presents the outputs from research based on a test sample of 381 enterprises, of which 114 microenterprises, 141 small enterprises and 126 medium-sized enterprises. The company size categorization within this sample is corresponding to the SME structure in the South Bohemian Region. Lack of awareness of procedures for development of essential strategic documents such as vision, mission statements and a corporate strategy was observed. More than 60 % SMEs do not have such documents. are Similar results were obtained with respect to the development of a corporate strategy using the methods of a strategic situation analysis. This finding is alarming and its adverse impact can primarily be expected in a period of economic recession or downturn. Key

Files attached

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Citovat

STRAKOVÁ, Jarmila and Milan TALÍŘ. Strategic Management and Decision Making of Small and Medium-Sized Enterprises in the Czech Republic. Online. In J. Horák, J. Vrbka and Z. Rowland (Eds.). SHS Web of Conferences. Volume 73. Les Ulis, Francie: EDP Sciences - Web of Conferences, 2020, p. nestránkováno, 10 pp. ISBN 978-2-7598-9094-1.

@inproceedings{58601,
   author = {Straková, Jarmila and Talíř, Milan},
   address = {Les Ulis, Francie},
   booktitle = {SHS Web of Conferences},
   edition = {Volume 73},
   editor = {J. Horák, J. Vrbka and Z. Rowland (Eds.)},
   keywords = {strategic management; vision; mission; corporate strategy; situation analysis},
   howpublished = {elektronická verze "online"},
   language = {eng},
   location = {Les Ulis, Francie},
   isbn = {978-2-7598-9094-1},
   pages = {nestránkováno},
   publisher = {EDP Sciences - Web of Conferences},
   title = {Strategic Management and Decision Making of Small and Medium-Sized Enterprises in the Czech Republic},
   url = {https://www.shs-conferences.org/articles/shsconf/pdf/2020/01/shsconf_ies_2019_02005.pdf},
   year = {2020}
}

TY  - JOUR
ID  - 58601
AU  - Straková, Jarmila - Talíř, Milan
PY  - 2020
TI  - Strategic Management and Decision Making of Small and Medium-Sized Enterprises in the Czech Republic
PB  - EDP Sciences - Web of Conferences
CY  - Les Ulis, Francie
SN  - 9782759890941
KW  - strategic management
KW  - vision
KW  - mission
KW  - corporate strategy
KW  - situation analysis
UR  - https://www.shs-conferences.org/articles/shsconf/pdf/2020/01/shsconf_ies_2019_02005.pdf
N2  - The topic of strategic management and decision making was underestimated by SMEs for a long term. Managers believed that experience, intuition and operability are the key success factors of their management work. These opinions have recently been abandoned in the management practice. This paper is focused on the analysis of strategic management and decision making and presents the outputs from research based on a test sample of 381 enterprises, of which 114 microenterprises, 141 small enterprises and 126 medium-sized enterprises. The company size categorization within this sample is corresponding to the SME structure in the South Bohemian Region. Lack of awareness of procedures for development of essential strategic documents such as vision, mission statements and a corporate strategy was observed. More than 60 % SMEs do not have such documents. are Similar results were obtained with respect to the development of a corporate strategy using the methods of a strategic situation analysis. This finding is alarming and its adverse impact can primarily be expected in a period of economic recession or downturn. Key
ER  -

STRAKOVÁ, Jarmila and Milan TALÍŘ. Strategic Management and Decision Making of Small and Medium-Sized Enterprises in the Czech Republic. Online. In J. Horák, J. Vrbka and Z. Rowland (Eds.). \textit{SHS Web of Conferences}. Volume 73. Les Ulis, Francie: EDP Sciences - Web of Conferences, 2020, p.~nestránkováno, 10 pp. ISBN~978-2-7598-9094-1.

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