Economic Interests as the Basis for Coordinated Management of Organizational Changes

Abstract

The interests of economic subjects have objective character. They are determined by the conditions of functioning of the economic subjects and their position in the economic systems of higher level. In social and economic systems to which organizations belong justification of goal-setting is made by the man as an active element of the process of management. Managers should take decisions aimed at the realization of the economic interests of the organization as an independent economic subject. In any complicated hierarchical system there is a conflict of goals between the systems of basic levels which is determined by the very fact of coordination of the objects. The modern theory of management recognizes that hired managers have their own interests different from the interests of the organization. The coordination of interests solves the problem of motivation of the subjects of management of all the levels and elements of the economic system and is aimed at the formation of the necessary stimulus for cooperation and the mechanisms of distribution of benefits. The managerial task which is solved at the highest level of management of any economic system which undergoes changes is the formation of mechanisms and instruments of coordination. The necessary condition for introducing changes and effective functioning of the economic system is the formation of the mechanism of distribution of the economic results and social capital of the organization.

DOI: 10.5901/mjss.2015.v6n6s3p445