Session
Management, Business and Economics
Description
Effective management implies truthful and satisfactory performance of management activities. A high performing productive management typically perform activities effectively and efficiently. Accordingly, companies and countries can be economically viable when the available human, physical, and financial resources are effectively and efficiently managed to ensure the economic growth and well-being. Growth is most powerful organisational device to compete and to sustain by creating profits and by providing prosperity. Nevertheless, the essential management principles alone, could not provide sufficient support to achieve and sustain the ultimate goal of growth and affluence. Therefore, deep focusing on management effectiveness is needed to achieve higher organisational performance, and thereby better economic growth. Accordingly, this paper analyses the factors triggering the management effectiveness within organisational structure, and outlines the role of effective management on economic growth. The study is focused on several important factors that contribute to building an effective management climate, such as: leadership, motivation, knowledge, and skills.
Keywords:
Effectiveness, Efficiency, Management, Knowledge, Skills, Motivation, Performance
Session Chair
Ylber Limani
Session Co-Chair
Nehat Dobratiqi
Proceedings Editor
Edmond Hajrizi
ISBN
978-9951-550-19-2
First Page
187
Last Page
197
Location
Pristina, Kosovo
Start Date
26-10-2019 1:30 PM
End Date
26-10-2019 3:00 PM
DOI
10.33107/ubt-ic.2019.355
Recommended Citation
Limani, Ylber; Musliu, Florentina; and Hoxha, Blerina, "The Impact of Effective Management on Economic Growth" (2019). UBT International Conference. 355.
https://knowledgecenter.ubt-uni.net/conference/2019/events/355
Included in
The Impact of Effective Management on Economic Growth
Pristina, Kosovo
Effective management implies truthful and satisfactory performance of management activities. A high performing productive management typically perform activities effectively and efficiently. Accordingly, companies and countries can be economically viable when the available human, physical, and financial resources are effectively and efficiently managed to ensure the economic growth and well-being. Growth is most powerful organisational device to compete and to sustain by creating profits and by providing prosperity. Nevertheless, the essential management principles alone, could not provide sufficient support to achieve and sustain the ultimate goal of growth and affluence. Therefore, deep focusing on management effectiveness is needed to achieve higher organisational performance, and thereby better economic growth. Accordingly, this paper analyses the factors triggering the management effectiveness within organisational structure, and outlines the role of effective management on economic growth. The study is focused on several important factors that contribute to building an effective management climate, such as: leadership, motivation, knowledge, and skills.