Original scientific paper

The Methodology of Monitoring the Implementation of a Strategy in an Electricity Distribution Enterprise

Goran Janjić ; University of Banja Luka, Faculty of Mechanical Engineering, Banja Luka, Bosnia and Herzegovina
Zorana Tanasić ; University of Banja Luka, Faculty of Mechanical Engineering, Banja Luka, Bosnia and Herzegovina
Borut Kosec ; University of Ljubljana, Faculty of Natural Sciences and Engineering, Ljubljana, Slovenia

Abstract

Lately, a greater emphasis has been placed on the quality of environment and sound management of resources, and above all on energy sources as the basis of the human life quality and of sustainable development. The sustainable development of an organization is monitored through the organization’s performance, which is the result of its strategy that has incorporated all stakeholders’ requirements beforehand. Although a great number of companies apply a strategic management concept and business success measurement methods, researches show that only every tenth company manages to implement the defined strategy. The main causes of unsuccessful strategy implementation can be found in the lack of adequate strategic control mechanisms. The paper presents the methodology developed with an aim to remove the main obstacles to successful implementation of the defined strategy and to the monitoring of an enterprise's effectiveness.

Keywords

measures; monitoring of the strategy implementation; Analytic Network Process (ANP)

Hrčak ID:

148557

URI

https://hrcak.srce.hr/148557

Publication date:

18.11.2015.

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