INNOVATIVE MANAGEMENT AND ITS ROLE IN ADAPTING TO CHANGES

Abstract

For a succesful functioning of a business it is not enough to simply implement proven and effective practices or create an effective workforce. An important role is assigned to adapting to the changes taking place around and using innovative approaches.

The article presents both the role of innovation management for the organization and the decision-making stages that managers go through in the process of implementing changes. According to the author, using this approach and going through the mentioned stages perfectly will help organizations to develop the ability of adapting to changes as painlessly as possible.

However, it should be emphasized that the proposed model will not always be effective and, in some cases, it will be necessary to modify it depending on the needs of the organizations.