Artikel

The impact of strategic management on business outcomes: Empirical research

Strategic management originates from strategic planning and as a technique for managing all important aspects of a company's environment it scientifically differs from other management techniques that only seek to improve operational effectiveness. Therefore, the empirical research first aimed to determine the influence of systematic use of strategic management, which fits in with prescriptive schools, on Slovenian wood-processing companies' business outcomes. The second aim was to establish the characteristics of using strategic management in order to improve a company's competitiveness. The empirical research reveals that those companies systematically applying strategic management achieved better business results than those that did not. To achieve a better effect in the use of strategic management, companies should improve in the preparing and assessing phases of using it.

Language
Englisch

Bibliographic citation
Journal: Journal for East European Management Studies ; ISSN: 0949-6181 ; Volume: 11 ; Year: 2006 ; Issue: 3 ; Pages: 227-243 ; Mering: Rainer Hampp Verlag

Classification
Management
Subject
management technique
strategic management
business outcomes
financial indicators
company

Event
Geistige Schöpfung
(who)
Ceésnovar, Tone
Event
Veröffentlichung
(who)
Rainer Hampp Verlag
(where)
Mering
(when)
2006

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Ceésnovar, Tone
  • Rainer Hampp Verlag

Time of origin

  • 2006

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