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Management Theory, Innovation, and Organisation
Competencies are a component of human capital and one of the most important assets of an enterprise. They play an important role in strengthening the position of the company in a competitive market. Investing in the development of competencies increases the organisation's ability to grow and compete through innovations. This book presents a multi-dimensional analysis of the relationship between managerial competencies and innovations. It analyses the role of a manager in a modern organisation, functions performed by managers, management styles and key challenges, including shaping behaviour in the process of managing change in an organisation, as well as an analysis of the structure of compe...
Shareholders, Strategy and Value Creation
The central task of contemporary strategic management is to look for sources of value and to achieve above- average firm performance. The effective implementation of a value creation strategy requires a comprehensive approach, including the creation of a systemic management structure aimed at increasing company value. The concept of value- based management involves consciously inspiring, undertaking, and implementing value- oriented actions. Value creation takes place at all levels of management and in all organisational units of the company; therefore, the implementation of all management functions should be assigned to this goal. Thus, the role of managers is gaining importance, especially...
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Innovation Processes in the Social Space of the Organization
Schumpeter's concept of innovation was the starting point for further study, reflections and analyses on the importance of innovation in the economy. Nowadays, research into innovation captures several significant aspects of innovation: it includes both internally conceived and externally adopted innovation (production or adoption); innovation is stressed as more than a creative process, by including application (exploitation); intended (value-added) benefits are highlighted at one or more levels of analysis; the possibility that innovation may refer to the relative, as opposed to absolute, novelty of an innovation is assumed (an innovation may be common practice in some organizations but it...
