Management team development opportunities: a case of Lithuanian furniture company

Algirdas Giedraitis, Rimantas Stašys and Rita Skirpstaitė
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Algirdas Giedraitis: KU - Klaipėda University [Lituanie]
Rimantas Stašys: KU - Klaipėda University [Lituanie]
Rita Skirpstaitė: KU - Klaipėda University [Lituanie]

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Abstract: The accelerating implementation of innovations in business "drags" the enterprise management teams into a chain of constant changes which requires rapid adaptation to the process of changes, becoming a routine. Development as an issue of a systemic qualitative change and of the increasing internal organisational potential is one of the most important issues in the advancement of modern organisations. The article introduces to the opportunities of the management team development as one of the main activity trends seeking to ensure the possibility of successful team management, continuous improvement of the members, and increasing competitiveness of the organisation. Upon conducting qualitative research in a Klaipėda region furniture manufacturing company, its findings, i. e. the opportunities of the management team development are presented: to encourage all the members of the management team to become leaders; to identify the goals of the personality and the competences development; to find out which competences each member wants to improve and to allow them to undertake additional activities that would enable the improvement of those competences; to set the operational goals for the members which would also allow (help) them to pursue their personal goals; to coordinate the values of the organisation and the team members on the basis of needs, when the need for self-realisation prevails over their hierarchy; to give more responsibility to the team members who wish and seek it; and to authorise each member of the team to resolve comnflicts independently.

Keywords: production company; development; management team (search for similar items in EconPapers)
Date: 2017-12-29
New Economics Papers: this item is included in nep-cis
Note: View the original document on HAL open archive server: https://hal.science/hal-01705726
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Published in Entrepreneurship and Sustainability Issues, 2017, 5 (2), pp.212-222. ⟨10.9770/jesi.2017.5.2(4)⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-01705726

DOI: 10.9770/jesi.2017.5.2(4)

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