The Methodology of Monitoring the Implementation of a Strategy in an Electricity Distribution Enterprise

Lately, a greater emphasis has been placed on the quality of environment and sound management of resources, and above all on energy sources as the basis of the human life quality and of sustainable development. The sustainable development of an organization is monitored through the organization’s performance, which is the result of its strategy that has incorporated all stakeholders’ requirements beforehand. Although a great number of companies apply a strategic management concept and business success measurement methods, researches show that only every tenth company manages to implement the defined strategy. The main causes of unsuccessful strategy implementation can be found in the lack of adequate strategic control mechanisms. The paper presents the methodology developed with an aim to remove the main obstacles to successful implementation of the defined strategy and to the monitoring of an enterprise\u27s effectiveness

Development of a Quality Management Model in the Automotive Industry with a Focus on the Quality of Incoming Products (Part I)

The automotive industry is one of the main drivers of industrial production and is well known for high-quality criteria. In the past, original equipment manufacturers (OEMs) pushed forward the main processes of new vehicle production. Today, OEM transfers a great deal of high-level engineering tasks to suppliers. As automotive industries are highly automated robot lines, constituting serial production in millions, the smallest error in a delivered product/component causes the downtime for the whole line. In these situations, it is necessary to validate another supplier of the same component, which can last a very long time. This paper presents a quality management model for incoming components in the automotive industry which can recognize possible risks in the early phase of the component prototype development. The model is successfully applied in a company that produces components for OEM, which will be presented in the second part of the paper

Lean Concept in Small and Medium Enterprises

The Lean concept is recognisable by how fast innovations are implemented and production processes are improved. Likewise, analysis of the implementation of Lean concepts so far has shown that Lean methods and tools cannot be applied to small and medium enterprises (SMEs) in the same measure as they can be applied to large enterprises

Measurement of company effectiveness using analytic network process method

The sustainable development of an organisation is monitored through the organisation’s performance, which beforehand incorporates all stakeholders’ requirements in its strategy. The strategic management concept enables organisations to monitor and evaluate their effectiveness along with efficiency by monitoring of the implementation of set strategic goals. In the process of monitoring and measuring effectiveness, an organisation can use multiple-criteria decision-making methods as help. This study uses the method of analytic network process (ANP) to define the weight factors of the mutual influences of all the important elements of an organisation’s strategy. The calculation of an organisation’s effectiveness is based on the weight factors and the degree of fulfilment of the goal values of the strategic map measures. New business conditions influence the changes in the importance of certain elements of an organisation’s business in relation to competitive advantage on the market, and on the market, increasing emphasis is given to non-material resources in the process of selection of the organisation’s most important measures

Implementation of the lean conceptand simulations in SMEs

Increasing competition and globalization that encompasses all dealings in the world of business compel SMEs to seek more successful organizational and management modes and approaches. This paper presents a simulation model for the application of Lean methods and tools in SMEs and their impact on the improvement of production processes and product sustainability. The Lean concept can be used to achieve more efficient production whilst manufacturing lower-cost products including shorter manufacturing cycle, high quality, and added value. Research results show the usefulness of the application of dynamic simulations in the detection of critical places in processes and the usefulness of the application of relevant Lean methods and Lean tools for process improvement. Simulation results underline better performance of product manufacturing through the use of Lean tools with the aim to eliminate any waste. Reengineering the assembly line focuseson the following aspects, namely reducing waste, internal logistics, redesigning workplaces, and changing the workplace layout