Factors Influencing Innovation of Female Managers on Their Business Performance

Vadie, Amir Saeed (2024) Factors Influencing Innovation of Female Managers on Their Business Performance. E-CONOM : ONLINE TUDOMÁNYOS FOLYÓIRAT, 13 (1). pp. 1-24. ISSN 2063-644X

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Abstract

Management is a cornerstone of commercial corporations, often regarded as the executive organ of the business entity. The creativity and innovation of managers play a crucial role in the survival and success of any organiza- tion, without which firms risk stagnation and decline in the competitive business landscape. The aim of this study is to investigate the factors in- fluencing the innovation of female managers and its impact on business performance in companies located in Zanjan city. Employing the Delphi method, a qualitative-descriptive approach is adopted to conduct applied research and survey research methodologies. By gathering comments and feedback from female executives in Zanjan city companies through three rounds of Delphi surveys, and analyzing responses from 30 participants, six key factors influencing innovation were identified and validated using Mimac software. These factors, as perceived by female executives, include exhilaration, innovation, risk appetite, assiduity, availability of expert hu- man resources, and tension reduction. The study concludes with practical recommendations derived from the research findings, offering insights for managerial practice and organizational development.

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