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Impact of Strategy Change on Business Process Management

Author

Listed:
  • Peter Bubenik

    (Department of Industrial Engineering, Faculty of Mechanical Engineering, University of Zilina, 010 26 Žilina, Slovakia)

  • Juraj Capek

    (Department of Industrial Engineering, Faculty of Mechanical Engineering, University of Zilina, 010 26 Žilina, Slovakia)

  • Miroslav Rakyta

    (Department of Industrial Engineering, Faculty of Mechanical Engineering, University of Zilina, 010 26 Žilina, Slovakia)

  • Vladimira Binasova

    (Department of Industrial Engineering, Faculty of Mechanical Engineering, University of Zilina, 010 26 Žilina, Slovakia)

  • Katarina Staffenova

    (Department of Industrial Engineering, Faculty of Mechanical Engineering, University of Zilina, 010 26 Žilina, Slovakia)

Abstract

In the pursuit of economic survival in the current competitive conditions with the aim of long-term prosperity and sustainability in the market, many companies today approach significant strategic changes in the management of their business. The purpose of this study is the design of a systematic procedure for implementing strategy changes into internal business processes for a project-oriented production type of organization. The proposed methodology contains steps where the selection and verification of key performance indicators at individual levels of management takes place. Furthermore, their monitoring and quantification of the impact of the change in strategy on internal company processes. The result of the study explains how the management can monitor and evaluate the chosen processes in accordance with the fulfilment of the chosen strategy of the company, which supports the systematic introduction of changes in the processes with the aim of sustaining the company’s performance.

Suggested Citation

  • Peter Bubenik & Juraj Capek & Miroslav Rakyta & Vladimira Binasova & Katarina Staffenova, 2022. "Impact of Strategy Change on Business Process Management," Sustainability, MDPI, vol. 14(17), pages 1-23, September.
    • Handle: RePEc:gam:jsusta:v:14:y:2022:i:17:p:11112-:d:907529
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    1. Miroslav Rakyta & Peter Bubenik & Vladimira Binasova & Branislav Micieta & Katarina Staffenova, 2022. "Advanced Logistics Strategy of a Company to Create Sustainable Development in the Industrial Area," Sustainability, MDPI, vol. 14(19), pages 1-36, October.

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