IDEAS home Printed from https://ideas.repec.org/p/sek/iacpro/0702478.html
   My bibliography  Save this paper

Company management by using INFA method

Author

Listed:
  • Vojtech Stehel

    (The Institute of technology and business in ?eské Bud?jovice)

  • Marek Vochozka

    (The Institute of technology and business in ?eské Bud?jovice)

Abstract

A company is a living unit which should act to survive. The survival must not be kept in the influence of random elements. Every single process should be managed systematically to minimalize the risk of bankruptcy. The fruitfulness of the process managing is mostly determined by setting its primary objective. The objective is the source of consequent planning, leading and controlling of partial activities which influence the final strategy. The article considers the determination of the top objective of the company based on the method of the pyramidal system of indices INFA. The INFA indicator cannot be managed as a complex unit and this is the reason the objective of this article is the setting up partial indicators to minimize the risk of bankruptcy. During the process of determination of those supporting indicators their priority will be set up to company is able to solve conflict situations when the partial goals are contradictory. The company evaluates the results of partial objectives and indicators compared with the market and the best companies in the surroundings. The evaluation will be provided by bechmarking of a company applied on partial objectives.

Suggested Citation

  • Vojtech Stehel & Marek Vochozka, 2014. "Company management by using INFA method," Proceedings of International Academic Conferences 0702478, International Institute of Social and Economic Sciences.
    • Handle: RePEc:sek:iacpro:0702478
    as

    Download full text from publisher

    File URL: https://iises.net/proceedings/12th-international-academic-conference-prague/table-of-content/detail?cid=7&iid=133&rid=2478
    File Function: First version, 2014
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    INFA; Bechmarking; company objectives; Strategy; Manegment.;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sek:iacpro:0702478. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Klara Cermakova (email available below). General contact details of provider: https://iises.net/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.