Title: The process of leadership, innovation and decision making through the influence of values

Authors: Zlatka Mesko Stok, Mirko Markic, Maja Mesko

Addresses: Faculty of Management Koper, University of Primorska, Koper SI-6000, Slovenia, Europa. ' Faculty of Management Koper, University of Primorska, Koper SI-6000, Slovenia, Europa. ' Faculty of Sport, University of Ljubljana, Ljubljana SI-1000, Slovenia, Europa

Abstract: Slovene enterprises involved in the process of ownership transformation represent an important management challenge to organisations and their management concepts. The enterprise business strategy considers various business resources, the existing enterprise|s culture and values, the changes in the distribution of work and informational structure. To achieve good results in enterprise management as well as good economic results, knowing the elements of organisational culture is of utmost importance. Values form an integral part of organisational culture and they influence the management of an enterprise. This study aims at establishing whether there are differences in the values held by managers or executives and those held by other employees; moreover, it aims at establishing whether there are differences in values among enterprises, considering their sphere of activity and their size. For the enterprise to be able to act innovatively and not to cling to its old habits and customs, it is necessary that all the workers in the enterprise and above all its management (top, middle and lower) act innovatively, using the knowledge and considering the values of the internal and external environment of the enterprise. We performed enquiries in 150 enterprises in the Republic of Slovenia in the central region of Slovenia. These inquiries showed that the values of managers and those of other employees represented a significant contribution to a successful transition.

Keywords: enterprise management; innovation; marketing; Slovenia; transition economies; values; leadership; decision making; organisational culture.

DOI: 10.1504/IJEIM.2009.024673

International Journal of Entrepreneurship and Innovation Management, 2009 Vol.10 No.1, pp.38 - 52

Published online: 15 Apr 2009 *

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