Requirements for Participative Management as a Source of Sustainable Competitive Advantage and Tipical Management Method

Abstract

The economic context in the recent years has undergone major changes in modern methods and techniques used in management. The current competitive environment is characterized by permanent turbulences influencing firstly the managerial act itself. Out of the many methods and techniques applied so far, some turn out to be less adaptable to the current economic and social context.

Keywords

• competitive advantage
• management methods
• participative management
• organizational culture
• managerial culture
• efficiency
• effectiveness