Measurement and Management of Business Performance in the Czech Republic

If company wants to be successful, the company have to monitor development in external environment but also there is important the measurement of business performance. For the successful achievement of strategic goals the company requires more than just focusing on the financial aspects of company performance measures. It is necessary to monitor other performance measurement based on new market requirements. Changes in business conditions change the requirements on management systems in three main areas: conception and management techniques, in information security and in profession skills and knowledge base of employees. The decisive role in this is played by customer, product and process innovation and uncertainty to achieve success in the future. That is why the companies deal with the measurement and management of their performance. This paper analyzes and evaluates the performance measurement and management in the Czech Republic on the basis of secondary and primary research.