MANAGEMENT MECHANISMS OF ENTERPRISES: ADOPTING AGILE MANAGEMENT PRINCIPLES IN TRADITIONAL INDUSTRIES
Abstract
Abstract:Management mechanisms are foundational frameworks and practices
within organizations that facilitate effective leadership, operational efficiency, and
strategic alignment. These mechanisms encompass a spectrum of approaches, ranging
from traditional hierarchical structures and centralized decision-making to modern
agile methodologies and decentralized, collaborative frameworks. Key components
include organizational culture, leadership styles, strategic planning processes,
performance measurement systems, and adaptation to technological advancements.
The evolution of management mechanisms reflects ongoing efforts to optimize
productivity, enhance employee engagement, navigate market complexities, and
sustain long-term growth. By implementing appropriate management mechanisms
tailored to organizational needs and external dynamics, businesses can adapt, innovate,
and thrive in today's competitive landscape.
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