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Year 2023, Volume: 26, 332 - 340, 30.12.2023

Miglena Temelkova Iliyan Bakalov

https://doi.org/10.55549/epstem.1409612

Abstract

References

  • European Union. (2020). User guide to the SME definition. https://op.europa.eu/en/publication-detail/-/publication/756d9260-ee54-11ea-991b-01aa75ed71a1
  • Portal Registery Agency. (n.d.). Retrieved from https://portal.registryagency.
  • Temelkova, M. (2010). Controlling in the production organization. Varna: Colour print.

Validation of the Heuristic Model for SMART Management in a Medium-Sized Industrial Enterprise

Year 2023, Volume: 26, 332 - 340, 30.12.2023

Miglena Temelkova Iliyan Bakalov

https://doi.org/10.55549/epstem.1409612

Abstract

This article presents the results of the approbation of a Heuristic model for SMART management in a medium-sized industrial enterprise in a specific economic entity. The main practical steps and the effects achieved as result of the introduction of the model in the selected industrial enterprise are summarized. The results achieved at different stages and the analytical assessments, the improvements, the restructuring and other strategic and operational activities leading to effective changes in the operation of the industrial unit are presented. Conclusions and inferences have been made, the most important of which is that the Heuristic Model for SMART management in the medium-sized industrial enterprise is also applicable in small industrial enterprises having a complex and multi-layered structural architecture. In order to comply with the regulation of the European Union for the protection of personal data, the name of the company is not indicated in this article, and the provided data is publicly available.

Keywords

Approbation Heuristic model SMART management Industrial enterprise

References

  • European Union. (2020). User guide to the SME definition. https://op.europa.eu/en/publication-detail/-/publication/756d9260-ee54-11ea-991b-01aa75ed71a1
  • Portal Registery Agency. (n.d.). Retrieved from https://portal.registryagency.
  • Temelkova, M. (2010). Controlling in the production organization. Varna: Colour print.
There are 3 citations in total.

Details

Primary Language English
Subjects Environmental and Sustainable Processes
Journal Section Articles
Authors

Miglena Temelkova

Iliyan Bakalov

Early Pub Date December 25, 2023
Publication Date December 30, 2023
Published in Issue Year 2023 Volume: 26

Cite

APA Temelkova, M., & Bakalov, I. (2023). Validation of the Heuristic Model for SMART Management in a Medium-Sized Industrial Enterprise. The Eurasia Proceedings of Science Technology Engineering and Mathematics, 26, 332-340. https://doi.org/10.55549/epstem.1409612
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