INTERNATIONAL JOURNAL OF ARTIFICIAL INTELLIGENCE
ISSN: 2692-5206, Impact Factor: 12,23
American Academic publishers, volume 05, issue 03,2025
Journal:
https://www.academicpublishers.org/journals/index.php/ijai
page 183
INNOVATIVE MANAGEMENT OF ENTERPRISES - A REQUIREMENT
OF THE NEW ERA
Irisov Jakhongir Khursanbekovich
Assistant of the Department of "Accounting and Management" of the Andijan State Technical
Institute. e-mail:
Abstract:
In this article, the innovative management of enterprises remains a pressing
requirement of the modern market economy. In the process of introducing innovative ideas and
advanced management methods into the company's activities, innovative management, unlike
traditional management, consists mainly of adapting to constant changes and finding new
methods of innovative management of enterprises and firms in the digital market economy.
Today's enterprises face several important questions, and this article extensively covers the
essence of innovation management, its main strategies, and their impact on business.
Keywords:
Effectiveness, innovative ideas, technological innovations, modern strategies, agent
management, lean management, management strategies, analytical marketing.
Introduction.
In the context of today's global economy, the issue of innovative management of
enterprises remains one of the most pressing topics. One of the important aspects of innovative
management at enterprises is ensuring the competitiveness of products manufactured by
enterprises in innovative management, further increasing the efficiency of the enterprise,
entering newly opened markets, optimizing production based on localization with reduced costs,
and organizing the achievement of environmental sustainability in production. Currently,
enterprises effectively use the following innovative management models, including: the open
innovation model - these enterprises should pay attention not only to internal innovations, but
also to external ideas.
In Uzbekistan, there is a transition to an information system for innovation management,
and modern startups and technology parks are developing. Smart technologies are being
introduced in agriculture, in addition, fintech and blockchain technologies are growing in the
banking and financial system, but traditional management methods have been preserved in many
enterprises. This was due to insufficient funding sources for the implementation of innovations.
The qualifications of the personnel were also insufficient. In addition, the main factor in the
systematic organization of the green economy and innovation management in the country is the
further stabilization of the economic activity of enterprises and the introduction of modern
innovations in enterprises.
Analysis of literature on the topic.
Analysis of the literature on the topic of innovative management of enterprises is one of
the important factors in increasing the competitiveness of enterprises and adapting them to
market requirements. Classical and modern literature in this area studies the following aspects:
The scientific works of Uzbek scientists on innovative management are also of great importance.
Below are the works of some scientists who have conducted research in this field and their main
directions. Theory and Strategies of Innovative Management Gulomov S.S. - conducted research
INTERNATIONAL JOURNAL OF ARTIFICIAL INTELLIGENCE
ISSN: 2692-5206, Impact Factor: 12,23
American Academic publishers, volume 05, issue 03,2025
Journal:
https://www.academicpublishers.org/journals/index.php/ijai
page 184
on innovative development and its economic impact in Uzbekistan. His scientific works examine
innovative management and technological development strategies. Abdukarimov I.T. - There are
scientific works on the innovative economy and its impact on management processes. His
research focuses on the application of innovative business models in the context of Uzbekistan.
Kodirov N.K. - conducted scientific research on the impact of competitive innovative
development on enterprises, modernization of industry, and technological innovations. Sodiqov
A. and Mamatova G. conducted research on the implementation of innovative management
systems at industrial enterprises in Uzbekistan. One of the foreign scientists, J. Schumpeter
(1934), in his "Theory of Innovation," asserts that innovation is the main driving force of
economic development. P. Drucker (1985) - put forward the concept of "innovative
management," which is the key to business success. M. Porter (1990), in his work "Advantages
of National Competitiveness," substantiates the necessity of innovative strategies for enterprises
to achieve success in the global market. Methods and approaches of innovative management In
recent years, many scientific works on innovative management of enterprises have attracted
attention. Open Innovation (Henry Chesbrough, 2003) - research on the model of open
innovation. Enterprises should implement innovations based not only on internal innovations, but
also on cooperation with external sources (startups, research institutes, clients). Agile
Management (J. Higsmith, 2009) is an effective method for the rapid implementation of flexible
management systems, especially technological innovations. Disruptive Innovation
(C.Christensen, 1997) - provides an understanding of innovative approaches that change the
traditional market. Factors influencing the innovative development of enterprises Many scientific
sources analyze the factors influencing innovation management State policy and financial
support (OYECD Innovation Policy Reviews, 2018). Digital Technologies and Industry 4.0
(Klaus Schwab, 2016) - digital transformation of enterprises and IoT, possibilities of using
artificial intelligence. Green Economy and Sustainable Development (UNEP, 2019) - the
application of environmental innovations and carbon neutrality strategies. Many sources analyze
the experience of innovative management of enterprises based on real examples.
RESULTS
One of the most important factors is the transfer of enterprise or company management to
a new modern management system. This, in turn, requires innovative management in the
implementation of the new system. When applying this system in practice, we can see the
distribution of enterprises by innovation strategies and the practical application of new types of
innovations in the following diagrams.
INTERNATIONAL JOURNAL OF ARTIFICIAL INTELLIGENCE
ISSN: 2692-5206, Impact Factor: 12,23
American Academic publishers, volume 05, issue 03,2025
Journal:
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INTERNATIONAL JOURNAL OF ARTIFICIAL INTELLIGENCE
ISSN: 2692-5206, Impact Factor: 12,23
American Academic publishers, volume 05, issue 03,2025
Journal:
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page 186
As can be seen from these tables and graphs, investment in internal processes is an
important tool for increasing the competitiveness and efficiency of innovative management for
modern enterprises. Uzbek enterprises are slowly introducing innovations, but there is progress
in the IT sector and fintech. Application of innovative management models. Open innovations
are suitable for startups and technology parks. Agile management is important in the IT and
service industries.Disruptive innovations are useful in creating new business models. It is
necessary to implement flexible management systems in Uzbek enterprises.
Problems of innovation management in the conditions of Uzbekistan: financing of
innovations is insufficient, many enterprises remain in traditional management methods. There is
a shortage of qualified innovation managers. Innovative management and green economy Green
technologies are being developed in Uzbekistan, but environmental innovations are not being
sufficiently implemented in many enterprises. It is necessary to strengthen the policy of state
support for the green economy. For the implementation of innovative management at enterprises,
it is necessary to improve the state support system. One of the most important factors of
competitiveness in the modern world is the effective management of innovations, since in the
management of enterprises, it is important not to constantly carry out traditional management,
but to further develop a new innovative management system. Enterprises should pay constant
attention to the process of creating innovations to occupy a leading position in the market and
meet the needs of clients. Innovative management is understood not only as the introduction of
new technologies, but also as the management of business processes based on modern strategies.
When we talk about the relevance of innovation management, I believe that in today's market
economy conditions, a team of specialists with modern knowledge and skills will be needed for
the development of enterprises and their place in society. This has been one of the pressing
problems in all market economy systems. Currently, enterprises face several important questions.
This article extensively covers the essence of innovation management, its main strategies, and
their impact on business. Innovative management is the process of introducing new technologies,
innovative ideas, and advanced management methods into the company's operations. Innovative
management, unlike traditional management, adapts to constant changes, supports digital
transformation, and increases the social and environmental responsibility of enterprises.
Companies that have properly implemented innovative management will have the following
advantages: adaptation to market demands - creation of products and services that meet customer
needs. Increasing competitiveness is strengthening one's position in the market. Increasing
production efficiency - automation of production processes and optimization by innovative
methods. For example, Tesla became a leader in the electric vehicle market thanks to innovative
management.
As can be seen from this graph and diagram, we can see that the growth rate of
innovative enterprises has increased compared to traditional enterprises. This indicates that the
company's performance indicators are good. There are various strategies for effective innovation
management. They can be divided into the following groups. Innovations of this type are
associated with the automation of production processes, the introduction of digital technologies,
and the use of artificial intelligence capabilities. For example, IoT (Internet of Things) - control
of production processes using smart sensors. AI (Artificial Intelligence) - predicting customer
needs in advance and adapting offers. In this case, the internal management system and work
processes of the enterprise will be improved. For example: Agile management is a fast and
flexible management method. Lean management is a system for the economical use of resources
and the elimination of unnecessary costs. Innovations are also bringing significant changes in the
INTERNATIONAL JOURNAL OF ARTIFICIAL INTELLIGENCE
ISSN: 2692-5206, Impact Factor: 12,23
American Academic publishers, volume 05, issue 03,2025
Journal:
https://www.academicpublishers.org/journals/index.php/ijai
page 187
field of marketing. Analytical marketing is the analysis of customer behavior in real time.
Personalization is increasing loyalty by providing individual offers to clients.
Innovative management influences various aspects of the company. Production efficiency
increases. Thanks to automated systems, labor productivity increases by 30-50%. Workers pay
more attention to creative processes than to organizational work. Costs will decrease Energy
efficiency will increase. Materials are used economically. We offer personalized services with
AI to better meet customer needs. Fast delivery systems satisfy clients. For the successful
implementation of innovation management, the following conditions must be met. Creating an
innovative environment - encouraging employees with creative and innovative thinking.
Development of technological infrastructure - investment in modern technologies. Risk
management is the minimization of risks when implementing new technologies.
The research results show that the efficiency of enterprises that have implemented an
innovative management system has increased, they are quickly adapting to market conditions
and developing in accordance with technological innovations. Also, through innovative
management, enterprises have the opportunity to more effectively use their resources, improve
the qualifications of employees, and fully satisfy customer demand.
Conclusion.
The enterprise strategy based on innovative management includes digital transformation -
the use of automation and artificial intelligence technologies. Principles of a green economy -
implementation of environmentally friendly production processes. Innovation management -
support for new business models and startups. Personnel capacity building - emphasis on
creative and intellectual potential. Thus, innovative management is a requirement of the new era
and is an important factor in the rise of enterprises to a leading position in the global market.
Innovative management of enterprises is an important requirement of our time and serves to
increase competitiveness and ensure sustainable development. Such factors as technological
progress, digital transformation, and environmental sustainability necessitate the implementation
of an innovative management system. The research results show that through innovative
management, enterprises effectively use resources, adapt to market demands, and increase
investment attractiveness. This ensures not only economic efficiency, but also social interest for
society. Thus, innovative management is one of the main factors in the success of enterprises and
plays a decisive role in their sustainable development in the future.
In today's conditions of globalization and technological development, innovative
management of enterprises is becoming a relevant topic. To maintain competitiveness and ensure
sustainable development, enterprises are required to abandon traditional management methods
and transition to innovative approaches.
List of references:
1. 1. Decrees and Resolutions of the President of the Republic of Uzbekistan Sh. Mirziyoyev on
innovation (2017-2024). www.lex.uz
2. Abdukarimov, I. (2021). New Economic Model: Innovations and Investments. Tashkent:
National Encyclopedia of Uzbekistan
3. Rakhimov, A. (2018). Innovative Strategies and Management. Tashkent: Economics-Finance.
4. Akhmedov, S. (2020). Factors of Innovative Economy and Entrepreneurship Development.
Tashkent: Economics Publishing House.
INTERNATIONAL JOURNAL OF ARTIFICIAL INTELLIGENCE
ISSN: 2692-5206, Impact Factor: 12,23
American Academic publishers, volume 05, issue 03,2025
Journal:
https://www.academicpublishers.org/journals/index.php/ijai
page 188
5. 5. Yuldashev, U. (2019). Principles of innovative management in enterprises. Samarkand:
SamSU Publishing House.
6. Chesbrough, H. (2003). Open Innovation: The New Imperative for Creating and Profiting
from Technology. Harvard Business Press.
7. Drucker, P. F. (1985). Innovation and Entrepreneurship: Practice and Principles. Harper &
Row.
8. Tidd, J., & Bessant, J. (2018). Managing Innovation: Integrating Technological, Market and
Organizational Change. Wiley.
9. Christensen, C. M. (1997). The Innovator's Dilemma: When New Technologies Cause Great
Firms to Fail. Harvard Business Review Press.
10. Teece, D. J. (2010). "Business Models, Business Strategy and Innovation." Long Range
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