Session
Management Business and Economy
Description
The management of entrepreneurship by managers and owners is a critical aspect of business success in today’s dynamic economic environment. This study explores the interplay between managerial strategies and entrepreneurial initiatives within organizations. It delves into how managers and owners can collaboratively foster an entrepreneurial culture that drives innovation, competitiveness, and sustainable growth. Key elements such as leadership styles, decision-making processes, resource allocation, and risk management are examined to understand their impact on entrepreneurial outcomes. The research highlights the importance of a balanced approach where managerial oversight complements entrepreneurial freedom, ensuring that innovative ideas are effectively nurtured and implemented. Case studies of successful businesses are analyzed to identify best practices and common challenges faced in aligning management practices with entrepreneurial goals. The findings suggest that a synergistic relationship between managers and owners can significantly enhance the capability of businesses to adapt to market changes, seize new opportunities, and achieve long-term profitability. This paper contributes to the literature on entrepreneurial management by providing insights and practical guidelines for integrating managerial and entrepreneurial efforts to build resilient and forward-thinking organizations.
Keywords:
Entrepreneurial Management Risk Management, Business Growth, Organizational Culture, Sustainable Development
Proceedings Editor
Edmond Hajrizi
ISBN
978-9951-982-15-3
Location
UBT Kampus, Lipjan
Start Date
25-10-2024 9:00 AM
End Date
27-10-2024 6:00 PM
DOI
10.3107/ubt-ic.2024.30
Recommended Citation
Miftari, Flamur, "Management of Entrepreneurship by Managers and Owners" (2024). UBT International Conference. 30.
https://knowledgecenter.ubt-uni.net/conference/2024UBTIC/MBE/30
Included in
Management of Entrepreneurship by Managers and Owners
UBT Kampus, Lipjan
The management of entrepreneurship by managers and owners is a critical aspect of business success in today’s dynamic economic environment. This study explores the interplay between managerial strategies and entrepreneurial initiatives within organizations. It delves into how managers and owners can collaboratively foster an entrepreneurial culture that drives innovation, competitiveness, and sustainable growth. Key elements such as leadership styles, decision-making processes, resource allocation, and risk management are examined to understand their impact on entrepreneurial outcomes. The research highlights the importance of a balanced approach where managerial oversight complements entrepreneurial freedom, ensuring that innovative ideas are effectively nurtured and implemented. Case studies of successful businesses are analyzed to identify best practices and common challenges faced in aligning management practices with entrepreneurial goals. The findings suggest that a synergistic relationship between managers and owners can significantly enhance the capability of businesses to adapt to market changes, seize new opportunities, and achieve long-term profitability. This paper contributes to the literature on entrepreneurial management by providing insights and practical guidelines for integrating managerial and entrepreneurial efforts to build resilient and forward-thinking organizations.