Application of continuous improvement models and their influence on the company's competitiveness

Increasing global competition is forcing organizations to implement new organizational and production techniques to remain competitive and improve their market position. The use of models, tools, and techniques for continuous improvement of business processes has become an opportunity and an effective strategy to achieve this goal. In this context, this paper aims to show the impact of the model of continuous improvement of business processes on the improvement of the overall organizational performance, and therefore a better competitive position. The hypothesis formulated in the study states that continuous improvement of business processes has a direct impact on company competitiveness. The hypothesis was tested on dairy industry enterprises in the Republic of Serbia. The research was conducted on a stratified sample, which ensured that the aggregated data had adequate significance and representativeness. Using a guided interview based on the Delphi method, data was collected, which was then processed based on Spearman's rank correlation as a non-parametric alternative to Pearson's correlation. The results of the research presented in this paper support the confirmation of the hypothesis that the continuous improvement of business processes directly affects the competitiveness of the company.

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Publication Details

Journal
Ekonomski izazovi
Published
2025-01-01
DOI
https://doi.org/10.5937/ekoizazov2527048m
Primary Topic
Information Technology Governance and Strategy
Type
article
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article

Application of continuous improvement models and their influence on the company's competitiveness

Edisa Dreković, Milan Mihajlović, Enis Ujkanović
Ekonomski izazovi
Information Technology Governance and Strategy
article

Application of continuous improvement models and their influence on the company's competitiveness

Edisa Dreković, Milan Mihajlović, Enis Ujkanović
article en

Abstract

Increasing global competition is forcing organizations to implement new organizational and production techniques to remain competitive and improve their market position. The use of models, tools, and techniques for continuous improvement of business processes has become an opportunity and an effective strategy to achieve this goal. In this context, this paper aims to show the impact of the model of continuous improvement of business processes on the improvement of the overall organizational performance, and therefore a better competitive position. The hypothesis formulated in the study states that continuous improvement of business processes has a direct impact on company competitiveness. The hypothesis was tested on dairy industry enterprises in the Republic of Serbia. The research was conducted on a stratified sample, which ensured that the aggregated data had adequate significance and representativeness. Using a guided interview based on the Delphi method, data was collected, which was then processed based on Spearman's rank correlation as a non-parametric alternative to Pearson's correlation. The results of the research presented in this paper support the confirmation of the hypothesis that the continuous improvement of business processes directly affects the competitiveness of the company.

Ekonomski izazoviVol. 14(27)
Openalex Percentile: Top 83%
Information Technology Governance and Strategy
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Application of continuous improvement models and their influence on the company's competitiveness — Edisa Dreković, Milan Mihajlović, et al. · Ekonomski izazovi (2025) | TGRS Research Map | TGRS