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Strategic Management And Optimization System Of Military Resources

Strategic Management And Optimization System Of Military Resources Based On The Example Of The Estonian Defence Forces LAP Lambert Academic Publishing ( 2014-04-30 ) The primary aim of this study was to investigate the role of military expenditure, which plays a vital role in the national defence of a country. Another purpose was to determine objectives and measures that describe the management strategy of the military resources via four Balanced Scorecard perspectives. Finally, implementation in the IT area concerning new methods and techniques (the new IT software platform) was examined in the study. The background for the book was an inductive study and review of existing management systems. The originality of the proposed innovation lies in its scientific approach, based upon a mathematical model built using the Utility Function principles. The results showed that this model can be used as a process for identifying the most appropriate variables required for effective monetary allocations with an emphasis on perspective development for planning defence spending. The principal conclusion is that this book synthesizes the divergent strands of the research which have the potential to transform the proposed model into a powerful strategy planning tool. Read More… Book Details: ISBN-13: 978-3-659-53361-7 ISBN-10: 3659533610 […]
Strategic management system and methods of controlling as key elements of military expenditure policy‐making process

Abstract Purpose – The purpose of this paper is to propose a conceptual approach to determining an optimal strategy development process and controlling of the defence spending, by utilizing the decisionmaking system adopted in the Republic of Estonia. Design/methodology/approach – The author offers a part of the Balanced Scorecard model named “Management and Control Perspective” as one of the improvement tools for the system of planning military expenditures and effective utilization of budgetary funds. Findings – The results show that the Balanced Scorecard application, using the “utility function”, will allow the Estonian Defence Forces to overcome important barriers to strategy implementation by interrelation of military planning and budgeting processes. Research limitations/implications – One suggestion for further research might be established as a way of improvement and development of methods directed to application of the utility function in the decision-making process. This approach will improve calculations of strategic perspective plans and will reveal the essence of the budgetary policy on the whole by taking into consideration expenses features of the business and non-profit organizations. Practical implications – By using the Balanced Scorecard the paper offers a new strategic method of planning and controlling the military expenditure in the Estonian Defence Forces. […]
My PhD Dissertation

ABSTRACT The allocation of military resources is a complicated and diversified process with many stakeholders and which encompasses a complex network of practical measures and techniques. This requires a well-built management system to both identify and balance the logistical, political, and managerial requirements of multiple stakeholders. The primary aim of this study was to investigate the role of military expenditure, which plays a vital role in the national defence of a country. Another purpose was to determine objectives and measures that describe the management strategy of the military resources via four Balanced Scorecard perspectives. Finally, implementation in the IT area concerning new methods and techniques (e-Budget platform) was examined in the study. The background for the dissertation was an inductive study and review of existing management systems. On the basis of the literature review and “real life” data collection, a new strategic management system (model) was established. The originality of the proposed innovation lies in its scientific approach, based upon a mathematical model built using the Utility Function principles. The results showed that this model can be used as a process for identifying the most appropriate variables required for effective monetary allocations with an emphasis on perspective development for planning […]
BUILDING HIGH PERFORMANCE STRATEGY OF MILITARY EXPENDITURES: THE UTILITY FUNCTION IN THE MIDDLE OF DEFENCE BUDGETING

ABSTRACT The present paper proposes tasks and methods which can be used in process of discovering the most expedient variants of the perspective and effective strategy development process of the defence spending in the Republic of Estonia. The author offers a part of strategy model named “Financial Perspective” as one of the improvement tools for the system of planning military expenditures and effective utilization of budgetary funds. The Balanced Scorecard application by using the “utility function” will allow the Estonian Defence Forces to overcome important barriers to strategy implementation by interrelation of military planning and budgeting processes. The Balanced Scorecard might be used as a very strong practical application. It will improve the calculations of long-term perspective plans and the development of the military budgetary policy by taking into account the features of national defence expenses. KEY WORDS: balanced scorecard; budgeting; defence forces; the utility function; performance measurement; IT technology; Estonia. Read More…
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Strategic Management And Optimization System Of Military Resources
Strategic Management And Optimization System Of Military Resources Based On The Example Of The Estonian Defence Forces LAP Lambert Academic Publishing ( 2014-04-30 ) The primary aim of this study was to investigate the role of military expenditure, which plays a vital role in the national defence of a country. Another purpose was to determine objectives and measures that describe the management strategy of the military resources via four Balanced Scorecard perspectives. Finally, implementation in the IT area concerning new methods and techniques (the new IT software platform) was examined in the study. The background for the book was an inductive study and review of existing management systems. The originality of the proposed innovation lies in its scientific approach, based upon a mathematical model built using the Utility Function principles. The results showed that this model can be used as a process for identifying the most appropriate variables required for effective monetary allocations with an emphasis on perspective development for planning defence spending. The principal conclusion is that this book synthesizes the divergent strands of the research which have the potential to transform the proposed model into a powerful strategy planning tool. Read More… Book Details: ISBN-13: 978-3-659-53361-7 ISBN-10: 3659533610 […]

Strategic management system and methods of controlling as key elements of military expenditure policy‐making process
Abstract Purpose – The purpose of this paper is to propose a conceptual approach to determining an optimal strategy development process and controlling of the defence spending, by utilizing the decisionmaking system adopted in the Republic of Estonia. Design/methodology/approach – The author offers a part of the Balanced Scorecard model named “Management and Control Perspective” as one of the improvement tools for the system of planning military expenditures and effective utilization of budgetary funds. Findings – The results show that the Balanced Scorecard application, using the “utility function”, will allow the Estonian Defence Forces to overcome important barriers to strategy implementation by interrelation of military planning and budgeting processes. Research limitations/implications – One suggestion for further research might be established as a way of improvement and development of methods directed to application of the utility function in the decision-making process. This approach will improve calculations of strategic perspective plans and will reveal the essence of the budgetary policy on the whole by taking into consideration expenses features of the business and non-profit organizations. Practical implications – By using the Balanced Scorecard the paper offers a new strategic method of planning and controlling the military expenditure in the Estonian Defence Forces. […]

My PhD Dissertation
ABSTRACT The allocation of military resources is a complicated and diversified process with many stakeholders and which encompasses a complex network of practical measures and techniques. This requires a well-built management system to both identify and balance the logistical, political, and managerial requirements of multiple stakeholders. The primary aim of this study was to investigate the role of military expenditure, which plays a vital role in the national defence of a country. Another purpose was to determine objectives and measures that describe the management strategy of the military resources via four Balanced Scorecard perspectives. Finally, implementation in the IT area concerning new methods and techniques (e-Budget platform) was examined in the study. The background for the dissertation was an inductive study and review of existing management systems. On the basis of the literature review and “real life” data collection, a new strategic management system (model) was established. The originality of the proposed innovation lies in its scientific approach, based upon a mathematical model built using the Utility Function principles. The results showed that this model can be used as a process for identifying the most appropriate variables required for effective monetary allocations with an emphasis on perspective development for planning […]

BUILDING HIGH PERFORMANCE STRATEGY OF MILITARY EXPENDITURES: THE UTILITY FUNCTION IN THE MIDDLE OF DEFENCE BUDGETING
ABSTRACT The present paper proposes tasks and methods which can be used in process of discovering the most expedient variants of the perspective and effective strategy development process of the defence spending in the Republic of Estonia. The author offers a part of strategy model named “Financial Perspective” as one of the improvement tools for the system of planning military expenditures and effective utilization of budgetary funds. The Balanced Scorecard application by using the “utility function” will allow the Estonian Defence Forces to overcome important barriers to strategy implementation by interrelation of military planning and budgeting processes. The Balanced Scorecard might be used as a very strong practical application. It will improve the calculations of long-term perspective plans and the development of the military budgetary policy by taking into account the features of national defence expenses. KEY WORDS: balanced scorecard; budgeting; defence forces; the utility function; performance measurement; IT technology; Estonia. Read More…

THE BALANCED SCORECARD AND THE NEW IT APPROACH TO THE DEFENCE BUDGETING PROCESS
Abstract The rapid development in the field of measurement methods and techniques that has taken place over recent years offers new opportunities for designers of measurement systems through the use of virtual instruments; for example, balanced scorecards. This paper tackles two research questions: (1) how does the Balanced Scorecard (BSC) contribute to organizational performance, and (2) does it represent a new method of military resources management by applying a unique e-Budget platform (mathematical model included). The results showed that the Balanced Scorecard application using the “utility function” will allow the Estonian Defence Forces to overcome important barriers to implementing strategy via the interrelation of military planning and budgeting processes. Moreover, the Balance Scorecard focuses on monitoring some easy-to-measure indicators that provide a traditional view of military spending. Key words: Balanced Scorecard, e-Budget, Defence Forces, Utility Function, Performance Measurement, IT Technology, Estonia Read More…

How to bring innovation into a conservative market?
Abstract The study examines a real case of an innovative product for the restaurant industry. The primary aim of this study was to investigate a conceptual framework for the challenge of ‘leading through innovation’ and to propose a new approach and determine an optimal strategy development process for the creating, designing, developing and introducing innovative products into a market. The author offers an ‘innovation process scan’ as one of the improvement tools for the system of creating new products, services and processes that are well matched to customers’ needs and expectations. The results showed that the ‘innovation process scan’ application, using the new strategy, will allow the company to overcome important barriers to create and to identify the innovative products for the growth of future revenue and profit. One suggestion for further research might be established as a way of improvement and development of methods directed to the application of innovation in the decision-making process. This approach will improve calculations of strategic perspective plans and will reveal the essence of the ‘something new’ development strategy on the whole by taking into consideration aspects of the conservative markets. Keywords: innovation; business; market; decision-making system; innovation process scan; technology; strategy map; innovative […]

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