Importance of innovative management practice: solution for challenges in business environment and organization performance

Autor: Božidar Leković, Slobodan Marić, Maja Strugar Jelača
Rok vydání: 2019
Předmět:
Zdroj: E+M Ekonomie a Management. 22:68-84
ISSN: 1212-3609
DOI: 10.15240/tul/001/2019-4-005
Popis: In the contemporary business setting, the implementation of innovative management practices is recognized as a crucial factor (Damanpour, 2014) for strategic change, organizational renewal and achieving longterm competitive advantage (Walker, Chen, & Aravind, 2015). Still, it is surprising how little research is conducted on largescale surveys according to possible approaches to measure innovative management practice which will lead to organizational innovations (Armbruster, Bikfalvi, Kinkel, & Lay, 2008). The proportion of this research topic amounts to only 8% among the innovation research process, while only 3% of research studies analyze this subject (Mihalache, 2012, p. 2). In the paper, the basic research objective is reflected in the analysis of the degree of innovative management practice impact on organization’s performance, and the analysis of the relationship between implementation of innovative management practice and dynamic business environment.
Databáze: OpenAIRE