Transformations  in
Business & Economics

MODEL OF ESTABLISHMENT OF THE LEVEL OF MANAGEMENT CULTURE FOR MANAGERIAL DECISION MAKING WITH THE AIM OF IMPLEMENTING CORPORATE SOCIAL RESPONSIBILITY
Jolita Vveinhardt, Regina Andriukaitiene

ABSTRACT. This article analyses the theory of decision-making problems highlighting the diversity of decision-making models and methods which are suggested by the scientific literature, and the importance of variants when making effective management decisions. There is a lack of research in which the implementation of social responsibility is examined in the context of management culture exclusively, thus a problem of actual complex decision-making models is encountered in the primary stages of implementing CSR. The level of difficulty in the process of managerial decision-making requires simplified measures, therefore, the aim of this research is to form the model of establishment of the level of management culture for managerial decision- making with the aim of implementing corporate social responsibility. The model of establishment of the level of management culture for managerial decision- making with the aim of implementing corporate social responsibility is presented which is made up on the basis of theoretical insight and the results of empirical research provided by the authors of the article. The model of establishment of the level of management culture for managerial decision making with the aim of implementing corporate social responsibility proceeds through the stages of organizing, processes, analysis, solutions and changes. The essence of Organizing stage is to highlight the problem, identify the goals and objectives, and also to involve the employees of all levels. At the Processes, diagnostic stage the information is collected while solving the foreseen objectives and in accordance with the methodological requirements. At Analysis stage, the level of management culture and CSR are determined. At Decision-making stage, detailed problems allow preconditions to make specific management decisions. At Changes initiation stage, the plan is confirmed including the implementation of specific changes, control, observation, deadlines and people in charge.

KEYWORDS: management culture, level of management culture, corporate social responsibility, managerial decisions, Lithuania, Eastern Europe.

JEL classification: M12, M14, M19.