Olexiy Medvinskyy

Building and Growing Entrepreneurship and Empowerment in Organizations: with a High Degree of Diversity Olexiy Medvinskyy

Several years ago, one of the researches done by the ISR firm in 2005 showed that highly involved employees improved the operating income by 19.2%, whilst employees in companies with a low level of participation in the same activities resulted in downturn of the operating income by 32,7%. Aside from the visible advantages the highly involved staff delivers, the current business world is rapidly changing, considering all the new technologies entering the market. Being a flexible organization nowadays is not a luxury but a survival factor. When it comes to a change of a type of business, a milestone is to alter and adjust the whole labor staff. A certain level of creativity and flexibility from the employees? side is necessary.