Management Competencies and Organizational Performance in CEE: A Comparison of Slovenia and Austria

Abstract

Today management competencies are seen as the only long-term strategic advantage of any company. However, from corporate experience we know that only 10 % of the knowledge acquired is transferred into entrepreneurial practice. Current trends in management development often overemphasize individual learning and ignore the missing fit between individual behavior and organizational performance. To meet these demands, we collected competency attributions of managers attending executive courses in Austria and Slovenia. A questionnaire with closed and open question will help to explore and compare the relation between organizational performance and current management competencies in these countries. The results confirm our predictions to a lesser extent. However, they represent a basis for further examination of the relationship between managerial competencies and organizational performance.