Implementing selected strategic documents focused on increasing efficiency and competitiveness of agricultural enterprises in the Czech Republic

https://doi.org/10.17221/381/2020-AGRICECONCitation:

Urbancová H., Vrabcová P. (2021): Implementing selected strategic documents focused on increasing efficiency and competitiveness of agricultural enterprises in the Czech Republic. Agric. Econ. – Czech, 67: 144–151.

download PDF

Strategic documents are considered the basic tools for managing and coordinating any company's development, setting the basic development directions and goals that the company wants to achieve and the ways to achieve them. It is always necessary to reconcile the diverse interests of interest groups in relation to the development of a given enterprise to make efficient use of resources and opportunities, as far as possible without conflicts. The classification, meaning, and contents of companies' strategic documents are most often based on their established practice. The article's main goal is to identify the level of implementation of a group of implemented strategic documents aimed at increasing the efficiency and competitiveness of agricultural enterprises in the Czech Republic. The data, which were subjected to factor analysis, were obtained via a questionnaire survey from 70 agricultural enterprises in the Czech Republic. The results part contains also results from qualitative research (focus group, n = 7). The results showed that agricultural enterprises implement groups of so-called conservative strategies and competence development strategies. Most of the surveyed agricultural enterprises have a formulated innovation strategy, while 56% of enterprises do not have an implemented environmental strategy.

References:
Aguilar-Barrientos S., Robledo-Ardila C., Serna-Rodríguez M. (2015): Multilatinas: A content analysis of mission statements and its relation with the international expansion. Revista Ciencias Estratégicas, 23: 219–236.
 
Anderson V. (2013): Research Method in Human Resource Management. London, England, Chartered Institut of Personnel Development: 1–431.
 
Baral N., Pokharel M.P. (2016): How sustainable is reflected in the S&P 500 companies strategic documents. Organisation and Environment, 30: 1–20.
 
Blok V. (2017): Bridging the gap between individual and corporate responsible behaviour: Toward a performative concept of corporate codes. Philosophy of Management, 16: 117–136. https://doi.org/10.1007/s40926-016-0045-7
 
Cozzolino A., Rothaermel F.T. (2018): Discontinuities, competition, and cooperation: Coopetitive dynamics between incumbents and entrants. Strategic Management Journal, 39: 3053–3085. https://doi.org/10.1002/smj.2776
 
Crosson P. (1983): A schematic view of resources, technology and environment in agricultural development. Agriculture, Ecosystems & Environment, 9: 339–357.
 
Cuervo-Cazurra A., Rui H. (2017): Barriers to absorptive capacity in emerging market firms. Journal World Business, 52: 727–742. https://doi.org/10.1016/j.jwb.2017.06.004
 
David M., David F.R., David F. (2014): Mission statement theory and practice. International Journal of Business, Marketing & Decision Science, 7: 95–110.
 
Džupina M. (2017): Company vision, mission and value in the process of strategic planning. European Journal of Economics and Management, 3: 75–85.
 
Franzluebbers A.J., Sulc R.M., Russelle M.P. (2011): Opportunities and challenges for integrating North-American crop and livestock systems. In: Lemaire G., Hodgson J., Chabbi A. (eds.): Grassland Productivity and Ecosystems Services. London, United Kingdom, CAB International: 208–217.
 
Glova J., Dancaková D., Suleimenova S. (2018): Managerial aspect of intangibles: Own development or external purchased intangible assets – What does really count? Polish Journal of Management Studies, 18: 84–93. https://doi.org/10.17512/pjms.2018.18.2.07
 
Guesalaga R., Gabrielsson M., Rogers B., Ryals J., Cuevas J.M. (2018): Which resources and capabilities underpin strategic key account management? Industrial Marketing Management, 75: 160–172.
 
Henry L.A., Buyl T., Jansen R.J.G. (2018): Leading corporate sustainability: The role of top management team composition for triple bottom line performance. Business Strategy and the Environment, 25: 173–184.
 
Hitka M., Ližbetinová L., Schmidtová J., Balážová Ž., Lorincová S., Štarchoň P., Sedliačiková M. (2018). How to manage careers in Slovak small and medium-sized wood-processing enterprises. BioResources, 13: 6300–6320.
 
Igielski M. (2017): Assumptions to the model of managing knowledge workers in modern organisations. Management – Poland, 21: 33–147.
 
Janíček F., Némethová J., Perný M., Šály V. (2017): Current status and potential of biomass utilization in the Slovak Republic. Waste Forum, 5: 418–426.
 
Lemaire G., Franzluebbers A., de Faccio Carvalho P.C., Dedieu B. (2014): Integrated crop-livestock systems: Strategies to achieve synergy between agricultural production and environmental quality. Agriculture, Ecosystems & Environment, 190: 4–8.
 
Magidson J., Vermunt J.K. (2004): Latent class models. In: Kaplan D. (ed.): The Sage Handbook of Quantitative Methodology for the Social Sciences. Thousand Oaks, California, United States, Sage Publications: 175–198.
 
Mahoney J.T., Qian L. (2013): Market frictions as building blocks of an organisational economics approach to strategic management. Strategic Management Journal, 34: 1019–1041. https://doi.org/10.1002/smj.2056
 
Manab N.A., Aziz N.A.A. (2019): Integrating knowledge management in sustainability risk management practices for company survival. Management Science Letters, 9: 585–594. https://doi.org/10.5267/j.msl.2019.1.004
 
Mazur-Wierzbicka E. (2015): The application of corporate social responsibility in European agriculture. Miscellanea Geographica, 19: 19–23. https://doi.org/10.1515/mgrsd-2015-0001
 
Montresor S., Perani G., Vezzani A. (2014): How Do Companies Perceive Their Intangibles? New Statistical Evidence from the INNOBAROMETER 2013. Luxembourg, Publications Office of the European Union: 1–58.
 
Nemlioglu I., Mallick S.K. (2017): Do managerial practices matter in innovation and firm performance relations? New evidence from the UK. European Financial Management, 23: 1016–1061. https://doi.org/10.1111/eufm.12123
 
Oberholzer-Gee F., Yao D.E. (2018): Integrated strategy: Residual market and exchange imperfections as the foundation of sustainable competitive advantage. Strategy Science, 3: 463–480. https://doi.org/10.1287/stsc.2018.0061
 
Oguntade A., Mafimisebi T. (2011): Contributions of corporate social responsibility to agriculture and rural development in Nigeria. Journal of Sustainable Development in Africa, 13: 110–128.
 
Peters R.H., Taylor L.A. (2017): Intangible capital and the investment-q relation. Journal of Financial Economics, 123: 251–272. https://doi.org/10.1016/j.jfineco.2016.03.011
 
Petříček M., Chalupa S., Chadt K. (2020): Identification of consumer behavior based on price elasticity: A case study of the Prague market of accommodation services. Sustainability, 12: 1–14. https://doi.org/10.3390/su12229452
 
Saranga H., Schotter P.J.A., Mudambi R. (2019): The double helix effect: Catch-up and local-foreign co-evolution in the Indian and Chinese automotive industries. International Business Review, 28: 1–11. https://doi.org/10.1016/j.ibusrev.2018.03.010
 
Sengupta S., Sahay A. (2017): Comparing mission statements of social enterprises and corporat enterprises in the new and renewable energy sector of India: A computer aided content analysis study. Journal of Global Entrepreneurship Research, 7: 1–16. https://doi.org/10.1186/s40497-017-0079-x
 
Smithers J., Blay-Palmer A. (2001): Technology innovation as a strategy for climate adaptation in agriculture. Applied Geography, 21: 175–197. https://doi.org/10.1016/S0143-6228(01)00004-2
 
Stacho Z., Stachová K., Cagáňová D. (2020): Participation of all employee categories in innovation processes in Slovak organisations. Mobile Networks and Applications, 25: 853–859. https://doi.org/10.1007/s11036-020-01518-2
 
Stacho Z., Stachová K., Hudáková M. (2015): Approach of companies to customers as suitable source of incentive to innovate. Procedia Economics and Finance, 34: 11–18. https://doi.org/10.1016/S2212-5671(15)01595-6
 
Stasiak-Betlejewska R. (2017): Corporate social responsibility and diversity as the strategic elements of the contemporary Polish enterprises policy. Marketing Identity, 5: 410–418.
 
Stevens B., Buechler S. (2013): An analysis of the Lehman Brothers code of ethics and the role it played in the firm. Journal of Leadership, Accountability and Ethics, 10: 43–57.
 
Sulc R.M., Tracy B.F. (2007): Integrated crop-livestock systems in the US Corn Belt. Agronomy Journal, 99: 335–345. https://doi.org/10.2134/agronj2006.0086
 
Tamers S.L., Pana-Cryan R., Chang C.-C., Howard J., Streit J., Ray T., Flynn M.A., Roth G., Geraci C., Guerin R., Schulte P., Henn S., Felknor S., Syron L., Castillo D. (2020): Envisioning the future of work to safeguard the safety, health, and well-being of the workforce: A perspective from the CDC's National Institute for Occupational Safety and Health. American Journal of Industrial Medicine, 63: 1065–1084. https://doi.org/10.1002/ajim.23183
 
Tsai C.F., Lu Y.H., Yen D.C. (2016): Intagible assets evaluation. The machine learning perspective. Neurocomputing, 175: 110–120. https://doi.org/10.1016/j.neucom.2015.10.041
 
Tzempelikos N., Gounaris S. (2015): Linking key account management practices to performance outcomes. Industrial Marketing Management, 45: 22–34. https://doi.org/10.1016/j.indmarman.2015.02.018
 
Vukmirović V., Petrović D., Kostić-Stanković M. (2017): Strategic management and its effects on Serbian wood industry. Journal of Sustainable Business and Management Solutions in Emerging Economies, 22: 37–47. https://doi.org/10.7595/management.fon.2017.0027
 
Whelan B.M., McBratney A.B. (2000): The "null hypothesis" of precision agriculture management. Precision Agriculture, 2: 265–279. https://doi.org/10.1023/A:1011838806489
 
Zakayo C.M. (2018): Synergic fit between business strategies and human resources strategies in transnational tea firms in Kenya. International Journal of Trend in Scientific Research and Development, 2: 2831–2840. https://doi.org/10.31142/ijtsrd14532
 
download PDF

© 2021 Czech Academy of Agricultural Sciences | Prohlášení o přístupnosti