Innovation Management and Teamwork: An Investigation in Turkish Banking Sector

Abstract

The aim of this research is to investigate whether the innovation management is in place in the banking sector, the importance attached to teamwork and to what extent teamwork affect the success of organizations. It also aims to find if there is a relationship between innovation management and teamwork. The model of the research is a descriptive one and the questionnaire method was used to collect data. To this end, banks were identified in Denizli, one of the developed and big cities of Turkey, and the study was performed with 13 of them which agreed to participate in the research. The scores of innovation management and teamwork of the employees were found to be high as a result of the questionnaire answered by the personnel working at those banks. And it was tested whether there is a significant relationship between innovation management and teamwork and a positive relationship (r=0.77) was found between innovation management and teamwork. On the other hand, the dimensions of innovation management have an impact on teamwork.

Analysis on The Impact of Innovation Management toward Employee Engagement Mediated by Teamwork (Study Case at One of Banking Company in Indonesia)

“…Innovation is defined by Peter Drucker as a useful information for employees who work in companies that each have different capabilities and knowledge so every each of them has an opportunity to be more productive (Serinkan & Kiziloğlu, 2015). Innovation management is a difference in form, quality or circumstances from time to time in management activities within an organization, where changes that occur is still new or had never done before (Birkinshaw, Hamel & Mol, 2008).…”

“…Innovation management is a difference in form, quality or circumstances from time to time in management activities within an organization, where changes that occur is still new or had never done before (Birkinshaw, Hamel & Mol, 2008). Serinkan and Kiziloğlu (2015) in their study stated that innovation management consists of three dimensions: innovation system, competitor and technology, and new services. Innovation system is a framework that encompass the processes of organizational activities, the need of support from the organization's stakeholders, the need of organizational policies regarding innovative behavior from the member of organization and agents of change in the organization in order to implement the innovation system (Iizuka, 2013).…”

“…Competitors and technology are illustrated by how the organization's attitude toward the innovation management compared to other competitors, such as how the organization tries to describe the benefits from innovation and the organization's competitive advantages regarding innovation (Serinkan & Kiziloğlu, 2015). New services are reflected on how the organization's response to innovative service system.…”

“…New services are reflected on how the organization's response to innovative service system. For instance, how the managers allocate their time and resources to the employees who want to innovate is the example of response to innovative service system (Serinkan & Kiziloğlu, 2015).…”

“…In contrast, its study in the banking sector is still limited. A study of innovation management in the banking industry in Turkey by Serinkan and Kiziloğlu (2015) found that there is a positive result of the implementation of innovation management among the employees in the banking industry.…”