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The article focuses on establishing a comprehensive methodology for evaluating agility levels in enterprises. Topics include the significance of agility in adapting to rapidly changing market conditions, the development of a maturity model that outlines different levels of agility, and the practical application of this methodology within organizations to improve decision-making and enhance overall performance.

The current competitive environment is only favourable to those companies that can cope with changes and use them to their advantage. The innovation of business processes is required to improve financial performance. Scientific works have not yet offered an effective solution to the monitoring of the impact made by process reengineering on corporate financial results. This work presents the case of a business process reengineering in a particular company to improve its performance. The results of implemented reengineering are analysed from the point of view of the impact made on the financial situation of the company. The paper aims to demonstrate the implementation of reengineering and evaluate its impact on the financial standing of a company and its performance. The practical application of reengineering was made according to Hammer and Champy methodology, which is based on the analysis of production processes in the company, the implementation of selected reengineered production processes and the evaluation of the reengineering impact on the corporate financial situation and performance. During the evaluation, the selected indicators of financial performance, activity indicators, the indebtedness indicator, business performance indicators as a cash flow to measure financial flows and the economic value-added (indicator EVA) were calculated and analysed. Subsequent to financial analyses and based on the selected indicators, the authors concluded that the implemented reengineering of the production process increased the performance and value of the company, which had a positive impact on the company’s financial situation. The funds spent on the proper implementation of the reengineering steps were effectively used, and the reengineering process was also timed. This contribution to the body of theoretic knowledge links the implementation of reengineering and the part of the financial analysis, which is related to the preparation, implementation and reengineering results.

The increasing pressure of globalisation on the worldwide market has forced enterprises to shift their focus from product quality to effectiveness of internal business processes. The object of interest of this paper is a modern management approach based on corporate performance evaluation by measuring the performance of internal processes. The paper aims to prove that the use of modern indicators and the measurement of internal processes belong among factors that have a direct positive impact on corporate performance. To reach the aim, empirical primary research was carried out. The paper focused on research results regarding the use of modern indicators for the measurement of business processes in Slovak industrial enterprises from selected branches. The primary quantitative research was conducted using questionnaires. The research aimed to test the hypothesis stating that enterprises using modern indicators to measure process performance have been reaching more positive ROE values, representing a basic indicator of corporate performance. Dependences among the data selected from the empirical research were analysed using statistical methods, namely, the chi-squared test, T-test and the correlation analysis. Based on the statistically processed data, the authors concluded that business processes are a basic source for the evaluation of corporate performance. Higher ROE values can be reached using modern process indicators, especially in mass production enterprises. The paper contributed to the further development of knowledge in performance management, specifically, process-oriented management.

Big changes are characteristic for current business situation. Companies try to survive in a competitive struggle. They want to be progressive and improve their status. It is also realized by the implementation of changes. However, they need to know what the situation was before, during and after the change. Target costing is important tool with potential of creation competitive advantage in manufacturing companies. The Target Cost Index (TCI) and Target Cost Control Diagram (TCCD) are tools associated with the Target costing methodology. These types of tools contribute to achieving the aim transformed in product that suits both sides - company as well as customer. The aim of this paper is to present this TCI and TCCD in the case study on production of wood toy (building blocks kits). In addition the questionnaire survey focusing on the new approaches in costing and budgeting (e.g. Target Costing) was carried out. Research results are presented in this paper as well. [ABSTRACT FROM AUTHOR]

Life Cycle Costing is a strategic managerial tool supporting decision making process even in the beginning phase. This calculation in its own base takes into account costs during the whole life cycle and creates a precondition for precise information database for decision making. The utilization of this calculation is often connected with the issue of the Environment. The aim of the paper is to propose LCC utilization in condition of goods transport by truck. Case-Based-Methodology for cost estimation as well as the time factor of discount rate for expected payments calculation of two vehicle acquisition cases with Net Present Value determination are used in this paper. [ABSTRACT FROM AUTHOR]