Mapping the maturity of SMART WORLD trends as a tool for developing business excellence and reducing organizational complexity

Author:

Adamik Anna1,Ghinea Valentina Mihaela2,Ghinea Mihalache3,Nowicki Michał1

Affiliation:

1. Lodz University of Technology , Poland

2. The Bucharest University of Economic Studies , Romania

3. Politehnica University of Bucharest , Romania

Abstract

Abstract By highlighting the importance of tracking the maturity of various phenomena, this study aims at facilitating their response to the emerging changes and reducing the complexity of organizational management processes. To support business excellence and organization management in the SMART WORLD era, special attention was paid to previous findings. The pilot study research was carried out on a sample of 107 enterprises from Poland and Lithuania. The results of the data analysis collected during the quantitative research and their mapping identified: currently leading trends (mainstream - “new normal trends”), trends expected to undergo the development in short/medium/long term perspective and trends labelled as “no future” - fads or one step before their time. Research results were the basis for expressing preliminary conclusions about how to reduce uncertainty and complexity of the process of strategic decision making by contemporary managers.

Publisher

Walter de Gruyter GmbH

Subject

General Business, Management and Accounting

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