INNOVATIVE PRACTICES FOR GOOD MANAGEMENT

Authors

Keywords
innovation, management practice, good management

Summary
The concept of good management is directly related to the sustainable development policy. As such, it requires decision-making and regulation of relationships in an environment of uncertainty. In such conditions the achievement of the objective depends on a successful combination of the implemented management tools and practices. Thus innovation and innovative management become a key factor for the success of the organization.

The purpose of the study is to review the innovative practices implemented by organizations.

The research thesis: The organizational innovation is a key factor for sustainable management of a modern business organization.

The authors set the following specific objectives to prove the thesis:

1. To review and analyze the theoretical concepts of innovations in management;

2. To conduct a field research on the existing management innovations;

3. To construct a model of innovative management;

As a result of the theoretical and empirical research the following is achieved:

• The terminology in the area of innovation and innovative business management is summarized and systematized.

• Management innovation is characterized.

• An innovative management model is presented.

• Organizational innovation is analysed as a precondition for good management.

• The achieved results are summarized and specific applied and research results are drawn

JEL: M12; O 15; O 31
Pages: 30
Price: 3 Points

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