TRANSFORMATIONS OF DECISION-MAKING LINES IN MODERN MANAGEMENT - INFORMATIZATION OF DECISION-MAKING
TRANSFORMATIONS OF DECISION-MAKING LINES IN MODERN MANAGEMENT - INFORMATIZATION OF DECISION-MAKING
Author(s): Saša ČekrlijaSubject(s): Business Economy / Management, Management and complex organizations, Human Resources in Economy
Published by: Nezavisni univerzitet Banja Luka
Keywords: transformation; middle line of decision making; administration; information technologies;
Summary/Abstract: In today’s business environment, management faces key transformation challenges due to globalization and digitalization. In order to maintain a competitive advantage, organizations are increasingly oriented towards agile management, which implies flexible decision-making structures and quick adaptation to changes. Key components of this process include continuous education and development of managers to ensure their ability to effectively lead teams in a dynamic environment. This requires the application of advanced project management techniques, the use of business intelligence for decision-making, and a focus on the development of software tools to support managerial processes. All in all, management in the modern context requires rapid adaptability and continuous learning in order to achieve successful competition in the global market. Digital transformation, through the implementation of advanced technologies such as artificial intelligence, automation and data analysis, is also becoming key to achieving efficiency and innovation in management. This enables better understanding of market needs and optimization of internal processes. Technological progress and computerization of business processes have led to a reduction in administrative tasks and the need for traditional management at lower levels. The first and middle line of management are gradually disappearing because administration and information systems have taken over most of the routine tasks. This puts pressure on middle management to adapt and develop new skills to stay relevant. Training and support for middle management become crucial to successfully face these challenges. Organizations must invest in their managers to train them for new roles in changed decision-making structures. Although these changes cause uncertainty, they also open opportunities for management to develop and contribute to the innovation and success of organizations. With regard to further development, it is expected that technology, agility, inclusiveness and sustainability will be key factors in the management of the future.
Journal: SVAROG
- Issue Year: 2023
- Issue No: 26
- Page Range: 9-23
- Page Count: 15
- Language: English