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Public&Business Management Confluences – Success Factors

Author

Listed:
  • Grigorescu, Adriana

    () (National School of Political Studies and Public Administration, Bucharest)

  • Bob, Constantin

    () (Academy of Economic Studies, Bucharest)

Abstract

The success of public and business activities fundamentally depends on the management through decisions. In our opinion, a synchronism between public and business management is a must in order to find proper solutions, especially in crisis time. On the other hand, there should be differences regarding the main components’ importance and the attention paid to them. We consider that illustrative of a future development of integrated mechanisms is to analyze if there is convergence of opinions regarding the role of four main coordinates for the achievement of an effective management: (1) The mission of the institution; (2) The knowledge effects (competence/proficiency); (3) The desired change; (4) The managerial decision basis. The study focused on the six possible connections that can be established between these coordinates, the accumulated junction of the subjects’ opinions pointing out the similarities and differences between the two studied groups (the public and the private environment). The work aims at building up a matrix of contingency and searching for some maximum or minimum zone within the matrix. The conclusion is that in the first instance importance is given to prognosis and ways of responsibility and meantime the diagnose-analysis and systems balancing basically are not taken into consideration. The results point towards the fact that managers are not used with an integrated overview and a systemic approach to the phenomena.

Suggested Citation

  • Grigorescu, Adriana & Bob, Constantin, 2010. "Public&Business Management Confluences – Success Factors," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(5), pages 43-58.
  • Handle: RePEc:rjr:romjef:v::y:2010:i:5:p:43-58
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    File URL: http://www.ipe.ro/rjef/rjef_sup_2010/rjefSup_2010p43-58.pdf
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    References listed on IDEAS

    as
    1. Avi Giloni & Sridhar Seshadri & Jeffrey S. Simonoff, 2006. "Robust analysis of variance: process design and quality improvement," International Journal of Productivity and Quality Management, Inderscience Enterprises Ltd, vol. 1(3), pages 306-319.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    public management; business management; confluences; synchronism; matrix;

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • H83 - Public Economics - - Miscellaneous Issues - - - Public Administration
    • C83 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Survey Methods; Sampling Methods

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