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Managing sustainability with the error correction model

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  • Aleksander JaneÅ¡

Abstract

The aim of our paper is to represent the intermediate research results of the case study of the Ydria Motors LL Company which produces semi products for household appliances. The company is a part of the ebmpapst international group and is opting for the ambitious goal of becoming the competency centre. For that reason focuses on the prototypes of new products and manufacturing machines according to chosen sustainable strategy. Within our survey, we have closely examined the development of a management model with the use of the error correction model approach. Our major conclusion is that quantitative approach should support the benefit of the qualitatively identificated key performance indicators and their influence on the fulfilment of the strategic directions. Developed model also supports improvements of performance management system, monitoring of implemented sustainable strategy and achievement of strategic objectives.

Suggested Citation

  • Aleksander JaneÅ¡, 2013. "Managing sustainability with the error correction model," International Journal of Sustainable Economy, Inderscience Enterprises Ltd, vol. 5(2), pages 125-139.
    • Handle: RePEc:ids:ijsuse:v:5:y:2013:i:2:p:125-139
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    Cited by:

    1. Aleksander Janeš & Armand Faganel, 2015. "Managing Sustainable Profit," MIC 2015: Managing Sustainable Growth; Proceedings of the Joint International Conference, Portorož, Slovenia, 28–30 May 2015,, University of Primorska, Faculty of Management Koper.

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