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SMWT - concept in the new management paradigm

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  • Kristiyan Hadjiev

Abstract

The key theoretical models are analyzed, identifying the main prerequisites, regularities and processes, in view of designing and functioning of highly-efficient Self-managed work teams (SMWT). On this basis a new integrated model for the perfect SMWT is elaborated. The team effectiveness factors are precisely outlined and the factors with an impact on the immediate results are analyzed. The multifaceted interconnections in the model are studied profoundly not only at the starting point, but also in the course of interaction, as well as the ways of striking a balance and the good teamwork of the staff. The target is to find a common theoretical and methodological basis, in order to incorporate the fundamental SMWT models. The effectiveness of the focused specific theories and models for SMWT implementation is proven in the social practice.

Suggested Citation

  • Kristiyan Hadjiev, 2010. "SMWT - concept in the new management paradigm," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 1, pages 46-72.
    • Handle: RePEc:bas:econth:y:2010:i:1:p:46-72
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    JEL classification:

    • D03 - Microeconomics - - General - - - Behavioral Microeconomics: Underlying Principles
    • D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances; Revolutions
    • C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access

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