The Economic Significance of People Skills for Effective Enterprise Management

 

Dmitrijs Solovjovs, Aleksandrs Kotlars, Valerijs Skribans, Katalin Liptak

 

Solovjovs D., Kotlars A., Skribans V. Liptak K. 2017. The Economic Significance of People Skills for Effective Enterprise Management. Eastern European Business and Economics Journal 3(4): 360-375.

 

Full text

 

Abstract:

Continuous development of personal and managerial skills is crucial, in order to achieve most efficient management approach, particularly in economic environment stressed by recession and shortages in the labor force. The relevance of this paper is related to importance of development of enterprise personnel’s skills. Examination of the object of the research, namely, Personal Skills, that is defined as “P” side of the person’s evolution model, allows to define what skills lie within it and to develop some expertise in those skills. The goal of this research is to develop a framework of person’s self-esteem transformation into de-sire to develop managerial skills that are extremely vital to rise own competitiveness in tough economic environment. I scope of this study, a research project at university was conducted, involving social scienc-es students, examining the patterns of behavior displayed by group members. The main finding of this the-sis is definitions of a process to forecast success of a project, based on testing and allocating individuals prior to team formation. Whilst, it is easier to predict teams that will fail than those which would succeed.

 

Keywords:

Economic Recession, Labor force shortage, Effective Governance, People Skills, Team Roles.

 

JEL classification:

J21, M20, M54.

 

Language:

English

 

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