Business Excellence and Management

5-12

Authors: Alexandra Mirela Cristina MUNTEANU

This paper investigates the benefits of Lean Six Sigma’s deploying in Romanian’s economy. After a brief introduction pointing out the advantages of Lean Six Sigma, Lean Six Sigma concept is introduced. The synergy of Six Sigma and Lean is presented as well as a conceptual model that illustrates the possible way of their integration into a tool to optimize business processes. The paper introduces DMAIC methodology, incorporating key elements of both methodologies, Lean Six Sigma’s main tools and application field. The paper presents the stage of Lean Six Sigma implementation in Romania, for large organizations and SMEs, their specific management quality’s problems and evolution during the last period.

27-45

Authors: Florentina PÎRJOL, Lia Lucica RADOMIR

The present paper, entitled "The role of internal communication on the efficiency of the activity in an organization", aims to identify the importance of internal communication in any organization and especially to identify the way in which the strategy of an organization is influenced by an efficient internal communication This paper aims at studying the internal communication within an organization. Thus, passing to communication in a particular way, namely to the communication within organizations, we can say that it also has a vital role and represents the key to its effectiveness. All members of an organization communicate daily to ensure the proper functioning of the company’s goals. Regardless the position of those who participate in the communication, the clarity, the choosing of an appropriate language and also the encouragement of staff to communicate must be ensured. The manager, being the one who coordinate the team, the department and even the organization, must deliver efficiently the information and also know how to coordinate it. The communication climate must be a proper one and it is influenced by several factors: in an indirect way by the culture, nature and tradition of the organization and in a direct way by the relations between employees, by the management and by the existence of communication networks.

72-93

Authors: Diana ARMEAN, Maria-Larisa ARDELEANU

The paper presents the stage of knowledge the cost-volume-profit analysis (CVP analysis), namely the principles, objectives and its usefulness for the performance management. The main objective of the paper is to implement the CVP analysis by calculating activity indicators on a Romanian company. To achieve the main goal of the research, we approached concepts such as costs, revenues, production volume, profit, decision making, what if analysis needed by the management to develop different scenarios on production volume, cost, sales price that lead to conclusive decisions in the near future. The research methodology corresponds to the research objective and is circumscribed to an archival research regarding literature review and the exploratory case study to highlight the effects of CVP analysis on the outcome by modifying the various factors. The basis of the research is the company Boromir, in which we studied the impact of CVP analysis on bakery activity. In order to apply the presented concepts, we highlighted the usefulness of CVP analysis in the decision making process. The main result of the research is that the CVP analysis applied to Boromir can give it various opportunities to maximize profits for the upcoming period. The projected scenarios at the company level have led to the possibility of adopting strategic decisions such as investing in promotion, reducing the sales price and changing the structure of fixed and variable costs in total costs.