Social, Economic, and Sociocultural Aspects of Innovative Approach to Management and Motivation of Personnel

Abstract

The paper features social, economic, and sociocultural aspects of innovative processes in management of various organizations. The research involved a comparative analysis of the main parameters of modern management methods and their advantages and disadvantages. The authors formulated some management solutions of several large organizations. The research features modern methods of organization management and the effect of the sociocultural environment on various methods of labor motivation. The main attention is given to the transformation of various fields of activity connected with use of digital technologies since there is a change of valuable stereotypes and various criteria of economic behavior. The research studied modern management conditions and revealed the best practices of effective organization management. The authors employed a system and comparative analysis, the causative-consecutive analysis, and such methods as observation, comparison, grouping, and scientific induction and deduction. The research featured small, medium, and large businesses at all stages of their development to create an effective model of human resource management. Thus, the most successful domestic and foreign companies apply non-standard, innovative approaches to management and motivation of personnel, which allows them to develop more effectively in comparison with those organizations which apply standard approaches to personnel management and motivation.