Performance success factors in hybrid organizations
EuroMed Press |
Date |
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2016 |
The question discussed in this article is what key factors affect the success of hybrid organizations? Hence, organization's performance success factors in a context of sustainability are described as well as the results of an interview which was conducted in two hybrid organizations in Lithuania are presented. The research has shown that issues of management-in-organization (arrangement of activities and processes in inside of entity) and management-of-organization (decisions in respect of organization's external environment) are intertwined in the hybrid organizations. In other words, managerial competencies, personnel life-long learning and organizational culture as well as entrepreneurship, knowledge on market and finances are all important for hybrid organizations in order to embody organization's performance strategy and to create products and services that meet the clients' needs best etc. Although our research was pilot, a conclusion can be made that organization success factors are general, conceptual category. Furthermore, the capacities of the top managers to act in the context of external conditions seems directly affecting the potential of organization's sustainability.