• INNOVATION POLICY AND INNOVATION MANAGEMENT

    CASE STUDY – INNOVATION AND BUSSINESS EXCELENCE

    Innovations, Vol. 5 (2017), Issue 3, pg(s) 119-122

    Success in the market can only be achieved if the business processes are designed and realized with the optimum use of the resources in order to do the best job for the first time, without any disadvantages, without waste of time and to the satisfaction of all the interested parties. Sustainable success can only be left out if innovations are being promoted and innovated. That is why this paper is based on innovations in correlation with the European Quality Award, so we are evaluating the state of innovativeness of the relationship with the model of business excellence. The enterprises have been analyzed through the questionnaire in accordance with the criteria for obtaining the international quality award.

    The obtained data have united the experience and reality of significance of a number of certifed organizational systems in Montenegro. The analysis of data, principles and strategies that would be resulted from this research should help and provide useful directives in developing of a model for improving of organizational performance, in defining of measures to achieve a sustainable business systems, for increase of innovation, to contribute the strenghtening of links among the enterprises, scientific research and Innovation.