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Research Paper | Business Management | Turkiye | Volume 8 Issue 9, September 2019 | Popularity: 7.1 / 10

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Innovation Performance Analysis of the Banking Sector

Begum Al, Idil Ozlem Koc

Abstract: There are many organizational and non-organizational factors that demonstrate the effectiveness of innovation and affect performance. Organizational culture, learning organizations and organizational strategies are among the important factors in the formation of the consciousness of innovation that spreads from individuals to organizations. Within the scope of this research, the effects of the perception of learning organizations, risk taking behaviors of managers and organizational culture on innovation performance were investigated. A questionnaire was used as the research method.250 people participated in the survey. All the participants work in the banking sector and the questionnaire was shared with bank employees in Turkey. According to the results, understanding of the organizational culture of people working in the banking sector is different from the concept of culture which was foreseen in previous studies in Turkey. The innovative focus of the sector was determined as the main reason for this difference. It was observed that the concept of strengthened employees has a positive effect on innovation performance. In this direction, managers are expected to focus on creating a common vision by adopting the organizational vision of their employees. Risk taking behaviors of managers were also determined as one of the factors affecting innovation performance.

Keywords: Innovation, Innovation Performance, Organizational Culture, Learning Organization Managerial Risk Taking Behavior

Edition: Volume 8 Issue 9, September 2019

Pages: 1636 - 1643

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