- ItemInnovation of the production process of engineering companies in relation to business portfolio(Entrepreneurship and Sustainability Center, 2023-06-30) Talíř, Milan; Straková, JarmilaThe paper is aimed at the innovation process in the context of the business portfolio of micro-enterprises. This type of companies is typical of and prevalent in the southern region of the Czech Republic, and the presented conclusions have general validity. A newly developed method of assessing the innovative technological potential of enterprises called "Business technology assessment system" (BTAS), with the contribution of "Criteria analysis of systems". The research answers the question, what economic efficiency can innovations in the production process bring to SMEs dealing with custom manufacturing in the engineering sector. Technological backwardness including corporate infrastructure was proven. Companies compensate for this shortcoming by an increased focus on satisfying customer needs and a high degree of flexibility and innovation in production. From the point of view of production processes, there is a high degree of interconnectedness between individual operations and sub-processes. The business portfolio of most of these companies is disproportionately broad, and this is reflected in the negative findings in terms of the disproportionate number of methods and technologies that these companies possess, but do not fully utilize. Such behaviour of the companies can be explained by the absence of active creation and updating of business strategy. The economic evaluation of the innovative process (BTAS) proved that the very implementation of innovations did not lead to a major increase in the profit margin. The situation was different when evaluating the benefits of the digitization process, which brought an increase in sales and corporate margins. A completely new finding has been demonstrated, i.e., if a company has unused equipment which brings opportunity costs as well, it is possible to create space for innovation by removing it, and at the same time the sale of equipment can be a significant financial contributor to innovation.
- ItemThe Impact of COVID-19 on the Digital Transformation in Organizations: A Quantitative Analysis(University of Hradec Králové, 2022-06-06) Petrová, Kateřina; Špatenka, Jan; Koch, MilošThe COVID-19 pandemic disrupted all aspects of life. To stop uncontrollable virus spread, the Governments declared lockdown in many countries. The economic and social consequences of the pandemic had a significant impact on organizational development. In response to the crisis, organizations had to accelerate the strategy of digital transformationto adapt to unprecedent situation. The purpose of the contribution is to measure the magnitude of the impact of COVID-19 on digital transformation in organizations. The article presents results of research dedicated to the situation in selected areas. Primary quantitative data were obtained using a questionnaire survey taking place before and after the beginning of the pandemic. The selected outputs compare the results of the digital transformation in organizations in two periods, before 2020 and after. The sample contains thousands of respondents. The results confirm the rapid transfer of organizations to become more digital toward interacting with customers and suppliers through digital technologies. The rate of adoption of digital initiatives is higher than before the crisis. Therefore, is an indisputable output of the questionnaire survey focused on the role of CIO, number of information systems, ICT investments, user comfort, and the will of managers to listen to user request.
- ItemDigitalization as an enabler of business model dynamics(VGTU Press, 2020-06-09) Tesařová, Mariana; Krmela, Aleš; Šimberová, IvetaThe purpose of the articles is to answer a research question related to the extent of the impact of digitalization on a business model (BM) of a focal company. An original primary, qualitative research has been conducted. It draws on multiple, in-depth case studies on a globally active B2B incumbent manufacturing companies that recently implemented a digital platform-based customer relationship management system. The data was gathered through participative observation and semi-structured interviews with system users and project leaders. The contribution of the research is in linking the business model dynamic change with a customer relationship management system (CRMS). It identifies the element HOW - value creation - as the mainly affected element of BM of the focal company.