Have a personal or library account? Click to login
Analysis of the Elements of Process Orientation and its Influence on the Profitability of Companies in the Republic of Serbia Cover

Analysis of the Elements of Process Orientation and its Influence on the Profitability of Companies in the Republic of Serbia

Open Access
|Jul 2025

Abstract

The fourth industrial revolution represents a challenge for most companies in terms of creating new business models that will be more flexible, adaptable and dynamic. This is why business process management has become an area of highest priority for most companies in recent years. Business process management can lead to business success by applying process orientation. Thousands of companies have adopted a process meaning. Business process-oriented companies outperform competitors in terms of financial and non-financial performance. Despite the topicality of the issue of process orientation, there is a lack of research on its presence in companies in the Republic of Serbia. The subject of this paper is the research of process orientation through the analysis of the key factors of Business Process Management and their impact on the profitability of the company.

DOI: https://doi.org/10.2478/ethemes-2024-0026 | Journal eISSN: 2217-3668 | Journal ISSN: 0353-8648
Language: English
Page range: 485 - 502
Submitted on: Sep 15, 2024
Accepted on: Nov 30, 2024
Published on: Jul 6, 2025
Published by: University of Niš, Faculty of Economics
In partnership with: Paradigm Publishing Services
Publication frequency: 4 issues per year

© 2025 Ivana Brajdić, Aleksandra Stoiljković Ranđelović, Marija Radosavljević, published by University of Niš, Faculty of Economics
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.