THE ROLE OF INNOVATIONS AND ORGANIZATIONAL CHANGE IN CORPORATE MANAGEMENT: STRATEGIC PERSPECTIVES ON GREEN FINANCE
DOI:
https://doi.org/10.46793/GlasnikDN17.2.053DJKeywords:
management, innovations and changes, companies, green finance, strategyAbstract
In the context of today’s rapidly evolving business environment and continuous innovation trends, an organization's ability to respond swiftly and effectively to changes, while implementing innovations in practice, is a decisive factor for achieving success, ensuring long-term sustainability, and maintaining its market position. Growing environmental concerns, increasing regulatory pressures, and shifting stakeholder expectations have forced companies to integrate sustainability into their core strategies. Innovation and effective change management play a crucial role in driving green finance, which has become an essential aspect of business by supporting environmental protection initiatives and enhancing overall company performance. The aim of this paper is to explore and analyse the role and significance of managing change and innovation in companies with an emphasis on green finance as a core and foundational element for the success of the companies in the contemporary environment and their contributions to environmental sustainability. Further, the creation and implementation of an effective strategy is a necessary requirement that enables companies to adapt to climate-related risks, meet regulatory and market expectations, and create long-term value for all stakeholders and community well-being.
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