Effective company management – case study

Abstract

Aim of the work: The main purpose of the research is to develop a concept of a new management efficiency model for the Frost Wealth Management company, which on the one hand will ensure business continuity in a competitive environment, and on the other hand will enable its development. Main research hypothesis: In the portfolio of competencies of Frost Wealth Management managers: professionalism, social, business, business competencies are key to the effectiveness of company management. The hypothesis was formulated on the basis of the following research assumption: in effective performance management in a company, a special role is attributed to the competencies of the managerial staff. Methodology: The basis of the research material are the economic categories of efficiency, management, management efficiency, literature on the subject and other sources. The studies used, among others, models: R. Walkowiak and Z. Mietlewski’s competency model and E. Greiner’s organization life cycle model Research results: Diligence, flexibility and the ability to make decisions are the key competencies that, according to the surveyed Frost Wealth Management managers, contribute to effective company management. The Frost Wealth Management company with its model of management efficiency is closer in L. Greiner’s model to the “Growth by guidelines” phase. Confronting the first five competencies of R. Walkowiak and Z. Mietlewski’s model with the first five competencies of the competency model reconstructed by us, we notice that the sequence of competencies in these authors is not identical to the competencies in our reconstructed model. In the model of R. Walkowiak and Z. Mietlewski, the key competence is the ability to make decisions, which in the model reconstructed by us is in third place.