
Management innovation
Management innovation refers to new ways of organizing and directing a company that improve its performance and adapt to changing environments. It can involve adopting new leadership styles, altering communication methods, or implementing novel decision-making processes. These innovations aim to enhance efficiency, foster creativity, and boost employee engagement. By rethinking how an organization operates, management innovation helps companies cope with challenges, drive growth, and stay competitive in today’s dynamic market. It's essential for businesses to evolve continuously to meet both internal needs and external pressures.