Analysis of Company Development Factors in Manufacturing and Service Company: a Strategic Approach

BOROCKI, Jelena ;ČOSIC, Ilija ;LALIC, Bojan ;MAKSIMOVIC, Rado .
Analysis of Company Development Factors in Manufacturing and Service Company: a Strategic Approach. 
Strojniški vestnik - Journal of Mechanical Engineering, [S.l.], v. 57, n.1, p. 55-68, june 2018. 
ISSN 0039-2480.
Available at: <https://www.sv-jme.eu/article/analysis-of-company-development-factors-in-manufacturing-and-service-company-a-strategic-approach/>. Date accessed: 19 apr. 2024. 
doi:http://dx.doi.org/10.5545/sv-jme.2010.030.

Borocki, J., Čosic, I., Lalic, B., & Maksimovic, R.
(2011).
Analysis of Company Development Factors in Manufacturing and Service Company: a Strategic Approach.
Strojniški vestnik - Journal of Mechanical Engineering, 57(1), 55-68.
doi:http://dx.doi.org/10.5545/sv-jme.2010.030

@article{sv-jmesv-jme.2010.030,
	author = {Jelena  Borocki and Ilija  Čosic and Bojan  Lalic and Rado  Maksimovic},
	title = {Analysis of Company Development Factors in Manufacturing and Service Company: a Strategic Approach},
	journal = {Strojniški vestnik - Journal of Mechanical Engineering},
	volume = {57},
	number = {1},
	year = {2011},
	keywords = {strategy posture; manufacturing companies; service companies; correlations; t-test},
	abstract = {Continuing company development requires the development of all segments (processes): technology development, organizational structure development, human resources development, investment development, etc. These factors cannot be analyzed irrespective of the external environment. The aim of the presented study was to give contribution to the efforts that are being made to analyze the differences between manufacturing and service companies regarding the selected development factors. The original contributions of this paper are the analysis of correlations between the elements of a company development and some factors that give us information about the development of the external environment. In a research process modified SPACE analysis for defining strategic posture of the company was used. Basic SPACE analysis (Strategic Position and Action Evaluation – Rowe et al. 1994) is used for analyzing the competitive posture of the company. It consists from four basic dimensions for analyzing external and internal environment: environment stability, industry strength, financial and competitive strength of the company. Modified SPACE analysis is hierarchically structured and it consists of: great number of factors and/or indicators (in order to use analysis in both manufacturing and service companies) assessed through Likert scales in a significance and value domain; assessment of synergy effects of factors and a selection of critical ones; simulation of possible future strategic posture, together with the modification of the values of selected critical factors that could have an impact on the future development of the company.},
	issn = {0039-2480},	pages = {55-68},	doi = {10.5545/sv-jme.2010.030},
	url = {https://www.sv-jme.eu/article/analysis-of-company-development-factors-in-manufacturing-and-service-company-a-strategic-approach/}
}

Borocki, J.,Čosic, I.,Lalic, B.,Maksimovic, R.
2011 June 57. Analysis of Company Development Factors in Manufacturing and Service Company: a Strategic Approach. Strojniški vestnik - Journal of Mechanical Engineering. [Online] 57:1

%A Borocki, Jelena 
%A Čosic, Ilija 
%A Lalic, Bojan 
%A Maksimovic, Rado 
%D 2011
%T Analysis of Company Development Factors in Manufacturing and Service Company: a Strategic Approach
%B 2011
%9 strategy posture; manufacturing companies; service companies; correlations; t-test
%! Analysis of Company Development Factors in Manufacturing and Service Company: a Strategic Approach
%K strategy posture; manufacturing companies; service companies; correlations; t-test
%X Continuing company development requires the development of all segments (processes): technology development, organizational structure development, human resources development, investment development, etc. These factors cannot be analyzed irrespective of the external environment. The aim of the presented study was to give contribution to the efforts that are being made to analyze the differences between manufacturing and service companies regarding the selected development factors. The original contributions of this paper are the analysis of correlations between the elements of a company development and some factors that give us information about the development of the external environment. In a research process modified SPACE analysis for defining strategic posture of the company was used. Basic SPACE analysis (Strategic Position and Action Evaluation – Rowe et al. 1994) is used for analyzing the competitive posture of the company. It consists from four basic dimensions for analyzing external and internal environment: environment stability, industry strength, financial and competitive strength of the company. Modified SPACE analysis is hierarchically structured and it consists of: great number of factors and/or indicators (in order to use analysis in both manufacturing and service companies) assessed through Likert scales in a significance and value domain; assessment of synergy effects of factors and a selection of critical ones; simulation of possible future strategic posture, together with the modification of the values of selected critical factors that could have an impact on the future development of the company.
%U https://www.sv-jme.eu/article/analysis-of-company-development-factors-in-manufacturing-and-service-company-a-strategic-approach/
%0 Journal Article
%R 10.5545/sv-jme.2010.030
%& 55
%P 14
%J Strojniški vestnik - Journal of Mechanical Engineering
%V 57
%N 1
%@ 0039-2480
%8 2018-06-28
%7 2018-06-28

Borocki, Jelena, Ilija  Čosic, Bojan  Lalic, & Rado  Maksimovic.
"Analysis of Company Development Factors in Manufacturing and Service Company: a Strategic Approach." Strojniški vestnik - Journal of Mechanical Engineering [Online], 57.1 (2011): 55-68. Web.  19 Apr. 2024

TY  - JOUR
AU  - Borocki, Jelena 
AU  - Čosic, Ilija 
AU  - Lalic, Bojan 
AU  - Maksimovic, Rado 
PY  - 2011
TI  - Analysis of Company Development Factors in Manufacturing and Service Company: a Strategic Approach
JF  - Strojniški vestnik - Journal of Mechanical Engineering
DO  - 10.5545/sv-jme.2010.030
KW  - strategy posture; manufacturing companies; service companies; correlations; t-test
N2  - Continuing company development requires the development of all segments (processes): technology development, organizational structure development, human resources development, investment development, etc. These factors cannot be analyzed irrespective of the external environment. The aim of the presented study was to give contribution to the efforts that are being made to analyze the differences between manufacturing and service companies regarding the selected development factors. The original contributions of this paper are the analysis of correlations between the elements of a company development and some factors that give us information about the development of the external environment. In a research process modified SPACE analysis for defining strategic posture of the company was used. Basic SPACE analysis (Strategic Position and Action Evaluation – Rowe et al. 1994) is used for analyzing the competitive posture of the company. It consists from four basic dimensions for analyzing external and internal environment: environment stability, industry strength, financial and competitive strength of the company. Modified SPACE analysis is hierarchically structured and it consists of: great number of factors and/or indicators (in order to use analysis in both manufacturing and service companies) assessed through Likert scales in a significance and value domain; assessment of synergy effects of factors and a selection of critical ones; simulation of possible future strategic posture, together with the modification of the values of selected critical factors that could have an impact on the future development of the company.
UR  - https://www.sv-jme.eu/article/analysis-of-company-development-factors-in-manufacturing-and-service-company-a-strategic-approach/

@article{{sv-jme}{sv-jme.2010.030},
	author = {Borocki, J., Čosic, I., Lalic, B., Maksimovic, R.},
	title = {Analysis of Company Development Factors in Manufacturing and Service Company: a Strategic Approach},
	journal = {Strojniški vestnik - Journal of Mechanical Engineering},
	volume = {57},
	number = {1},
	year = {2011},
	doi = {10.5545/sv-jme.2010.030},
	url = {https://www.sv-jme.eu/article/analysis-of-company-development-factors-in-manufacturing-and-service-company-a-strategic-approach/}
}

TY  - JOUR
AU  - Borocki, Jelena 
AU  - Čosic, Ilija 
AU  - Lalic, Bojan 
AU  - Maksimovic, Rado 
PY  - 2018/06/28
TI  - Analysis of Company Development Factors in Manufacturing and Service Company: a Strategic Approach
JF  - Strojniški vestnik - Journal of Mechanical Engineering; Vol 57, No 1 (2011): Strojniški vestnik - Journal of Mechanical Engineering
DO  - 10.5545/sv-jme.2010.030
KW  - strategy posture, manufacturing companies, service companies, correlations, t-test
N2  - Continuing company development requires the development of all segments (processes): technology development, organizational structure development, human resources development, investment development, etc. These factors cannot be analyzed irrespective of the external environment. The aim of the presented study was to give contribution to the efforts that are being made to analyze the differences between manufacturing and service companies regarding the selected development factors. The original contributions of this paper are the analysis of correlations between the elements of a company development and some factors that give us information about the development of the external environment. In a research process modified SPACE analysis for defining strategic posture of the company was used. Basic SPACE analysis (Strategic Position and Action Evaluation – Rowe et al. 1994) is used for analyzing the competitive posture of the company. It consists from four basic dimensions for analyzing external and internal environment: environment stability, industry strength, financial and competitive strength of the company. Modified SPACE analysis is hierarchically structured and it consists of: great number of factors and/or indicators (in order to use analysis in both manufacturing and service companies) assessed through Likert scales in a significance and value domain; assessment of synergy effects of factors and a selection of critical ones; simulation of possible future strategic posture, together with the modification of the values of selected critical factors that could have an impact on the future development of the company.
UR  - https://www.sv-jme.eu/article/analysis-of-company-development-factors-in-manufacturing-and-service-company-a-strategic-approach/

Borocki, Jelena, Čosic, Ilija, Lalic, Bojan, AND Maksimovic, Rado.
"Analysis of Company Development Factors in Manufacturing and Service Company: a Strategic Approach" Strojniški vestnik - Journal of Mechanical Engineering [Online], Volume 57 Number 1 (28 June 2018)