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

Abstract

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. In the same train of ideas, the organizations always looking for sources of competitive advantage have the tendency of applying innovation and the new in the field. Another trend noted in the current management is that of going towards using operational management methods that enable the replacement of the current descriptive empirical management with certain regulatory and scientific methods. From this point of view the study aims to highlight the competitive advantage generated by applying the participative management as a management method used within the organizations in order to obtain a better efficiency of the economic activities.