Article ID Journal Published Year Pages File Type
983155 Procedia Economics and Finance 2014 13 Pages PDF
Abstract

The systems approach in the field of enterprise performance has the irreplaceable role in a current turbulent environment. In response to the high degree of globalization, unified performance systems are still developing.The paper deals with one of the new trends influencing performance management system – cultural differences.The paper points to the need to take cultural differences into account in Czech enterprises, as current performance management systems appear to be inadequate in this regard.On the basis of a questionnaire survey, the aim of the paper is to identify and evaluate current attitudes to the issue of cultural differences in Czech enterprises including their importance within the performance management system and based on the findings, the model expressing a unified performance management system is designed. The model takes the cultural differences into account and is applicable for implementation in Czech enterprises.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics