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CONTROL OF STRATEGY REALIZATION IN METALLURGICAL PRODUCTION

1 SANIUK Anna
Co-authors:
2 SANIUK Sebastian 3 CAGÁŇOVÁ Dagmar 4 ČAMBÁL Miloš
Institutions:
1 University of Zielona Góra, Faculty of Mechanical Engineering, Zielona Gora, Poland, EU, a.saniuk@iizp.uz.zgora.pl
2 University of Zielona Góra, Faculty of Economics and Management, Zielona Gora, Poland, EU, s.saniuk@wez.uz.zgora.pl
3 Institute of Industrial Engineering, Management and Quality, Faculty of Materials Science and Technology, Slovak University of Technology, Trnava, Slovakia, EU, dagmar.caganova@stuba.sk
4 Institute of Industrial Engineering, Management and Quality, Faculty of Materials Science and Technology, Slovak University of Technology, Trnava, Slovakia, EU, milos.cambal@stuba.sk
Conference:
23rd International Conference on Metallurgy and Materials, Hotel Voronez I, Brno, Czech Republic, EU, May 21 - 23, 2014
Proceedings:
Proceedings 23rd International Conference on Metallurgy and Materials
Pages:
1876-1881
ISBN:
978-80-87294-52-9
ISSN:
2694-9296
Published:
18th June 2014
Proceedings of the conference were published in Web of Science and Scopus.
Metrics:
305 views / 161 downloads
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Abstract

Nowadays changes are becoming faster and more unpredictable. Enterprises have to react very quickly to challenges and opportunities of the business world. Therefore, the importance of a well thought-out strategy and quick, effective strategy realization has been highlighted in literature. A method for the control of strategy realization is presented in the paper. This method is based on the Balanced Scorecard approach, which is more popular and regularly used throughout the world. The implementation of the proposed method allows strategic goals to be very quickly implemented and realized. The suggested solution is dedicated to companies which perform metallurgical production. The process of receiving production orders is closely connected with strategy implementation. Thus, production orders are realized according to the new implemented strategy.

Keywords: strategy realization, key performance indicators (KPI’s), metallurgical production

© This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

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