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Many have argued that data has become the most important asset for businesses, and it is also clear that technology plays a fundamental role in how companies operate and compete. As such, oversight of the company’s technology-related activities and formulation of an effective technology...
Persistent link: https://www.econbiz.de/10014360553
Even though the evidence is strong that the likelihood of success for a new business increase when the members of the management team embrace some sort of formal planning process from the outset, it is still tempting for entrepreneurs to charge bravely into the fray in pursuit of their dreams of...
Persistent link: https://www.econbiz.de/10014360932
One of the distinctive characteristics of an emerging company is the significant level of “innovation” associated with its business model, with innovation being thought of as the process of successfully acquiring and implementing new ideas within a business company. Successful innovation...
Persistent link: https://www.econbiz.de/10014360942
New and shifting legal, market and financial dynamics have increased the pressure on firms in manufacturing industries to implement processes for developing and marketing sustainable products. The environmental and social impacts of products and services depend on how they interact with the...
Persistent link: https://www.econbiz.de/10014360967
Organizational culture includes a large and complex set of elements, many that are difficult to identify, such as values, norms and cultural forms, and these elements can be found embedded across all organizational activities and practices (e.g., direction and control processes, reward systems,...
Persistent link: https://www.econbiz.de/10014360975
Stakeholder engagement is related to the fundamental principle of corporate social responsibility (“CSR”) that calls for companies to acknowledge that their businesses do not and cannot exist in isolation and rely heavily on their relationships with customers, employees, suppliers,...
Persistent link: https://www.econbiz.de/10014361084
In order to understand whether someone is being an effective manager it is necessary to have some idea of the expectations regarding the person’s roles and activities within the organization. A number of different approaches have been taken in creating models of managerial functions or...
Persistent link: https://www.econbiz.de/10014361085
As with other topics that have been intensely reviewed in the management literature, there is a wide array of definitions of the term “management style”. A fairly simple approach is to view management style simply as the way that an organization is managed. Management style has been defined...
Persistent link: https://www.econbiz.de/10014361104
Researchers and commentators have attempted to identify the skills, motivations and behaviors that managers and administrators must have in order to effectively carry out their duties and responsibilities. The search has led to a plethora of suggestions and the challenge is to devise methods for...
Persistent link: https://www.econbiz.de/10014361105
In general, a compliance program can be understood to be an internal management system that educates the officers and employees of a company about laws and regulations relevant to the business activities of the company and establishes processes and procedures to guide and monitor the behavior of...
Persistent link: https://www.econbiz.de/10014362111