Řízení inovací v moderní organizaci

Abstract

The existing Czech companies focus their attention mostly on cutting the costs. The savings themselves can, however, hardly bring any long-term prosperity to the company. The cost cutting potential will, sooner or later, be exhausted in every company. At present time, the Czech companies must also face competition from countries where the production costs are incomparably lower. The only way to built long-term competitive power and prosperity of a company is to carry out the innovation processes. The value and profit for customers have no limits. The companies must look for their own original solutions, not just blindly copy the competitors. The following objective is to analyse the importance of innovations and improvements in production organization. Last but not least, the goal of the Thesis is to assess the effect of innovation processes in today’s economic environment.