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MODERN MOTIVATORS OF SUCCSSFUL MANAGEMENT

Journal: Innovative Economics and Management (Vol.I, No. 1)

Publication Date:

Authors : ;

Page : 94-99

Keywords : Successful management; competitive strategy; change forecasting; strategic vision of a business; competitive advantage; the success indicator; reliability and respect; systematic motivation; human capital; staff cooperation.;

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Abstract

The main challenge of the modern management is not only identifying the current changes into the business environment, but also foreseeing and conducting the correct reaction regarding to them. Changes are happening through different directions. Accordingly, the main reason of managers, willing to achieve success is to acquire the full information about all of positive and negative entrepreneurial circumstances and combine them to the company`s strengths and weaknesses, to exercise the company`s adaptation towards the changes and to achieve the success as well. In order to achieve the success, first of all, we have to define the success indicator of our acting industry. Or what indicator implements success`s achievement through the industry and what we should do for our company to have the best index of this indicator. Here it must be said, that guessing the success`s indicator isn`t a problem. Defining it is possible with an external observation of powerful rivals. But it`s far too hard to define, on what kind of factors is based their advantage. We suppose, that for success in the company, one of the important is human relations and all of the motivators, which encourage the improvement of these relationships. Moreover, other factors acquiring the competitive advantage (Making the high-quality production, Offering the highest-quality consumer service, achieving less costs comparing with competitors, easy geographic location, production with better design, creating better image to the company) has no sense if the staff`s competence isn`t correctly applied. The point is, that during the recent decades in the company resource`s triad (human, material and financial resources) according to the company`s business environment, development aims and plans were changing each of their strategic meaning, but now, as the main source of company`s success is regarded the possibility of human resources. Truly there is no doubt in it, that implementing technological or organizational innovations bring the desired result only in that case, when the existed innovation is integrated and coordinated with staff policy. For implementing the successful management, in our opinion, it is necessary, that the modern manager should be rational authority for the stuff; The manager should have ability to see the business strategy; There should be sharply increased factors of trust and respect between the manager and the staff; There is a need to ensure the staff with system motivation and being them as a group; It is necessary to create the relevant working conditions for staff, etc. because they represent the modern human, like person and accordingly the key motivators of their management. So, when the case is about the company`s successful management, as a whole on principle it can be said, limiting the investments through human resource branch, ignoring the factors of trust and the respect, staff`s inappropriate motivation, decreasing the care on them and social vulnerability is returning like the boomerang towards the company`s development and its success.

Last modified: 2018-02-18 01:18:17