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

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dc.contributor.authorLeković, Božidar
dc.contributor.authorStrugar Jelača, Maja
dc.contributor.authorMarić, Slobodan
dc.contributor.otherEkonomická fakultacs
dc.date.accessioned2019-11-28T10:20:12Z
dc.date.available2019-11-28T10:20:12Z
dc.description.abstractThe main research problem in this paper is the determination of the main causes of the existing gap between management practices and demands of business operations. The identified problem is the consequence of complex business circumstances constantly setting new tasks before managers. Managers are forced to abandon the established management practices and the existing business framework so as to enhance or merely maintain the attained level of organizational performance. The main research objective is to establish the degree of impact of innovative management practices on the attained organizational performance. The second segment of the research intention is reflected in the analysis of business environment as the determinants of innovative aspiration within the existing management activities. To this end, research methodology based on binary and multinomial logistic regression and Spearman’s rank correlation coefficient were applied. The sample comprises large enterprises on the territory of the Republic of Serbia. The obtained research results pointed to the sequential impact of innovative management activities on organization performance on the one hand and the connection between business environment and innovative management practices on the other. The scientific contribution of the paper is the choice of an insufficiently represented topic and research problem across all dimensions, which can be concluded observing the research results obtained so far. The scientific contribution of the paper is also emphasized by the complexity of defining and measuring the research variables of the set research problem. The fact that all business achievements are determined by the management’s abilities additionally points to the importance of the paper.en
dc.formattext
dc.identifier.doi10.15240/tul/001/2019-4-005
dc.identifier.eissn2336-5604
dc.identifier.issn1212-3609
dc.identifier.urihttps://dspace.tul.cz/handle/15240/154264
dc.language.isoen
dc.publisherTechnická Univerzita v Libercics
dc.publisherTechnical university of Liberec, Czech Republicen
dc.publisher.abbreviationTUL
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dc.relation.ispartofEkonomie a Managementcs
dc.relation.ispartofEconomics and Managementen
dc.relation.isrefereedtrue
dc.rightsCC BY-NC
dc.subjectinnovative management practicesen
dc.subjectmanagement functionsen
dc.subjectmanagerial rolesen
dc.subjectbusiness performanceen
dc.subjectdynamic environmenten
dc.subject.classificationL20
dc.subject.classificationM21
dc.subject.classificationO39
dc.subject.classificationP47
dc.titleImportance of innovative management practice: solution for challenges in business environment and organization performanceen
dc.typeArticleen
local.accessopen
local.citation.epage84
local.citation.spage68
local.facultyFaculty of Economics
local.filenameEM_4_2019_05
local.fulltextyes
local.relation.abbreviationE+Mcs
local.relation.abbreviationE&Men
local.relation.issue4
local.relation.volume22
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