STRATEGIES FOR EFFECTIVE MANAGEMENT: OPTIMIZING RESOURCES, STAFF AND INNOVATION

Stojkovski, Viktorija and Nenovski, Blagoj (2024) STRATEGIES FOR EFFECTIVE MANAGEMENT: OPTIMIZING RESOURCES, STAFF AND INNOVATION. Knowledge – International Journal, 64 (1). pp. 29-34. ISSN 1857-923X

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Abstract

Effective management strategies play a pivotal role in guiding organizations towards their goals and navigating the complexities of the modern business landscape. Optimizing resources, streamlining processes, and fostering innovation are pivotal to achieving sustainable success in today's dynamic world. By prioritizing optimization and innovation, companies can unlock new opportunities, enhance productivity, and create value for both customers and stakeholders. In today's dynamic business landscape, where competition is fierce and change is constant, managers must adopt strategic approaches to optimize resources, engage employees, and foster innovation. Management strategies help organizations adapt to change by fostering flexibility and resilience in the face of challenges or disruptions. They enable businesses to anticipate and respond proactively to market shifts, technological advancements, and regulatory changes, thereby maintaining a competitive edge. Moreover, effective management strategies promote accountability and transparency, creating a culture of trust and integrity within the organization. By elucidating the interplay between these strategic elements and their impact on organizational performance, this research contributes to the advancement of management theory and practice. This paper’s methodology consists of a library search and literature review on strategies for effective management through optimizing resources, staff and innovation and achieving organizational success. This paper delves into the realm of effective management strategies, focusing on the optimization of resources, staff, and fostering …

Item Type:	Article
Subjects:	Scientific Fields (Frascati) > Social Sciences > Economics and Business
Divisions:	Faculty of Law
Depositing User:	Pfk Eprints
Date Deposited:	21 Nov 2024 18:08
Last Modified:	21 Nov 2024 18:08
URI:	https://eprints.uklo.edu.mk/id/eprint/10440

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