Managers Capabilities and Competences in Changing Environment: Empirical Study in Latvia

Proceedings of the 18th World Multi-Conference on Systemics, Cybernetics and Informatics (WMSCI 2014). Vol.1 2014
Jānis Caune, Inga Lapiņa, Elīna Gaile-Sarkane, Modris Ozoliņš, Indra Borkus

Last decade of high economic turbulence and significant fluctuations has tested managers’ ability to adapt and apply the relevant skillset and competences to ensure success of their companies in various market conditions. The aim of research is to analyse if managerial competencies required to successfully lead a company differ in times of rapid growth or crisis and normal market conditions. Research methods such as review of the literature and organized focus groups with managers of SMEs representing various service and manufacturing industries are applied. As a result, authors developed a customized list of managerial competencies and identified individual importance of different competencies in periods of growth and crisis. Whilst research is limited to SMEs in Latvia, this is a first step in a series of studies to explore managers’ capabilities and competence models.

Keywords
Competence, Capabilities, Changing environment
Hyperlink
http://www.iiis.org/Proceedings/2014Proc/ViewProc2014.asp?id=SA0114&season=Summer

Caune, J., Lapiņa, I., Gaile-Sarkane, E., Ozoliņš, M., Borkus, I. Managers Capabilities and Competences in Changing Environment: Empirical Study in Latvia. In: Proceedings of the 18th World Multi-Conference on Systemics, Cybernetics and Informatics (WMSCI 2014). Vol.1, United States of America, Orlando, 15-18 July, 2014. Florida: International Institute of Informatics and Systemics, 2014, pp.7-12. ISBN 978-1-941763-04-9.

Publication language
English (en)