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- Title
THE SYNERGY BETWEEN THE PERCEPTION OF THE IMPORTANCE OF KNOWLEDGE AND GOAL SETTING IN POLISH MANUFACTURING COMPANIES.
- Authors
Soniewicki, Marcin
- Abstract
The importance of goal setting in companies has already been recognised by many authors. Nevertheless, in the current knowledge-based economy, planning is very difficult, especially for manufacturing companies. This is because in such conditions services are more profitable and manufacturing companies experience a lot of competition from Asia. This is especially important in Poland where this branch of industry still accounts for 25% of GDP. As a result, manufacturing companies need to become more innovative and concentrate on knowledge. Therefore, this article is an attempt to test the following hypothesis: goal setting is much more effective in terms of a manufacturing company's competitiveness when the enterprise perceives knowledge development as the most significant element of its strategy. The article is based on results of a quantitative empirical study involving 334 Polish manufacturing companies. The data were analysed using SPSS and SAS software. The results clearly show that best results are achieved when both elements - awareness of the importance of knowledge and goal setting - are present to a high degree. Nevertheless, knowledge seems to be slightly more important for low and medium-low technology manufacturing firms. In contrast, in high and medium-high technology manufacturing enterprises more emphasis is placed on goal setting.
- Subjects
GOAL setting in personnel management; MANUFACTURING industries
- Publication
Issues in Information Systems, 2017, Vol 18, Issue 2, p20
- ISSN
1529-7314
- Publication type
Article