Complementarity of Modern Management Methods and Tools, and Its Impact on Economic and Organizational Performance of Enterprises. Empirical Results from Polish Enterprises

Abstract

This paper focuses on presenting the results of research on the complementarity of modern management methods and tools, and its impact on economic and organizational performance of enterprises. As it was presented in author’s previous papers the organizational progress of enterprises and the progress in knowledge management requires a deliberate and systematic management actions. In enterprises, theoretical and practical knowledge of managers regarding modern management methods and techniques is often superficial, limited to the level of general concepts and slogans. There is a competitive gap regarding organizational innovation and knowledge management associated with not using modern management methods and tools (or failure of their implementation). In the work, the author present the theoretical model of complementarity of modern management methods and tools and sets a hypothesis that complementarity of modern management methods and their tools is leading to conditional or unconditional application of individual pairs of management methods and tools. The theoretical model and its impact on economic and organizational performance of enterprises has been verified in empirical research projects undertaken at the Faculty of Engineering Management of Poznan University of Technology from 2014, called “Determinants of implementing modern methods and techniques of management in Polish enterprises”. The empirical research surveyed 150 of enterprises represented Polish economy. There are four parts of the paper: 1. Introduction (problem statement, objective of the study, significance of the study). 2. Literature review and conceptualization of research model of complementarity of modern management methods and tools. 3. Description of empirical research approach, methods and presentation of findings. 4. Conclusions.