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

Author

Listed:
  • Hana Urbancová

    (Department of Human Resources, University of Economics and Management, Prague, Czech Republic)

  • Pavla Vrabcová

    (Economics Department, University of Economics and Management, Prague, Czech Republic)

Abstract

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.

Suggested Citation

  • Hana Urbancová & Pavla Vrabcová, 2021. "Implementing selected strategic documents focused on increasing efficiency and competitiveness of agricultural enterprises in the Czech Republic," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 67(4), pages 144-151.
    • Handle: RePEc:caa:jnlage:v:67:y:2021:i:4:id:381-2020-agricecon
    DOI: 10.17221/381/2020-AGRICECON
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    References listed on IDEAS

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