DEVELOPMENT OF STRATEGIC MANAGEMENT COMPETENCE: MANAGEMENT WITH INNOVATION

Shoymardonov T.T.; Nasrullayev Tulkinjon

doi:10.5281/zenodo.10869920

DEVELOPMENT OF STRATEGIC MANAGEMENT COMPETENCE: MANAGEMENT WITH INNOVATION

25.03.2024 International Scientific Journal "Science and Innovation". Series A. Volume 3 Issue 3

Shoymardonov T.T., Nasrullayev Tulkinjon

Abstract. In today's rapidly evolving business landscape, strategic management competence has become a cornerstone for organizational success. Companies that prioritize innovation within their strategic framework not only adapt to change more effectively but also thrive amidst uncertainty. Innovation-led strategic management is not just about generating novel ideas; it's about cultivating a culture where innovation permeates every aspect of the organization's operations, from product development to customer service. This article delves into the importance of developing strategic management competence with a focus on leading through innovation.

Keywords: Strategic management competence, innovation, leading with innovation, strategic agility, culture of innovation, organizational adaptation, talent development, resource allocation, technology integration, data-driven decision-making, market dynamics, competitive advantage, business growth, cross-functional collaboration, experimentation, risk-taking, continuous improvement, disruption, market trends, sustainability

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