Network management as a success factor (a comprehensive literature review) - Economicus

by. Dr. Besarta VLADI & MSc. Enida BROCA

Abstract

The economy and the focus of organizations are heading more as it goes towards human resources. The challenge of global companies is to create recognitions and to being coherent with individuals of similar fields or successful people. The main task of such organizations is to manage the relationships with the latter. As founder of Moz, Rand Fishkin said: “Don’t build links, build relationships”. The research question which this paper attempts to answer is: How does the network management affect the success of an organization? Our hypothesis laid ahead suggests that the focus of companies in network management, guarantees the long-term success of the organization. According to the review studies of this paper, Silicon Valley is the best example to understand the importance of network management especially in innovation. “Shared creativity” suggests that best problem solving is retained through sharing, diversity skills collaboration and experiences, targeting the achievement of a common goal. Leaders and the companies, including Albania, which are focused on this area have achieved excellent results in total revenues as well as knowledge. In this paper, we aim to design a framework for a successful implementation of the network-oriented business strategy, key ingredients of which, are human resources strategy, network competence and innovation success.

How to cite: Vladi, B., & Broca, E. (2020). Network management as a success factor (a comprehensive literature review). Economicus, 19(2), 62–75.

https://doi.org/10.58944/oiyh9352