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Relationship Between Innovation, Organizational And Interorganizational Change

Author

Listed:
  • Alexandru-Marius RIZESCU

    (Nicolae Balcescu Land Forces Academy, Sibiu, Romania)

  • George BUCATA

    (Lucian Blaga University, Sibiu, Romania)

Abstract

Managers need to encourage creativity and capture team ideas when designing the strategic approach Essential to Growth and Competitiveness, business manager actions must be in line with their intentions. In many organizations, innovation occurs through statements designed to change the world, but ends in abandonment. In order to keep the company competitive on the market, promoting an organizational culture based on innovation is the key to ensuring success. Admitting that innovation means generating value from ideas, resulting in a different way of acting and producing better things(products, services, processes), we believe ideas are vital to the development of any innovation. Successful and fastest growing companies are those companies that use innovative solutions in their current business, and that is why a significant proportion of their revenue is generated by new or improved products and services.

Suggested Citation

  • Alexandru-Marius RIZESCU & George BUCATA, 2020. "Relationship Between Innovation, Organizational And Interorganizational Change," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 3, pages 65-70, June.
    • Handle: RePEc:cbu:jrnlec:y:2020:v:3:p:65-70
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    File URL: http://www.utgjiu.ro/revista/ec/pdf/2020-03/08_Rizescu.pdf
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    Citations

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    Cited by:

    1. Anna Olkiewicz & Marcin Okliewicz & Radosław Wolniak & Paula Donajska, 2020. "Factors Influencing the Organization of Work in a Fish Processing Industrial Enterprise," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 1), pages 502-515.
    2. Irimias Tudor, 2021. "Incentives And Control Mechanisms In Change Management," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 4, pages 140-146, August.

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