Usklađenost posla i privatnog života kao determinanta produktivnosti menadžera i preduzeća u Republici Srbiji

Abstract

The purpose of this doctoral dissertation is reflected in the research of application and insight into the recognition of the importance of the concept of work/life balance of managers in companies in the Republic of Serbia. The main goal of the doctoral dissertation is to examine the impact that work/life balance satisfaction has on productivity of managers and companies in the Republic of Serbia. The special objectives of the theoretical part of the dissertation tackle the determination of the importance of managers as a key resource that determines the value of the intellectual capital of companies, as well as the presentation and comparative analysis of various theoretical concepts of work/life balance of managers. The specific objectives of the empirical part of the dissertation tackle a detailed analysis and examination of the interrelationship between management work/life balance, management productivity and company productivity. An extremely significant theoretical-empirical contribution of the doctoral dissertation is reflected in the creation of a conceptual model for examining the impact of the work/life balance satisfaction on the productivity of managers and companies, which is applied in the dissertation to a sample of surveyed managers from companies in the Republic of Serbia. In the theoretical part of the doctoral dissertation, the theoretical views of the relevant authors on the importance of managers as specific knowledge workers and the most significant segment of human (intellectual) capital in contemporary companies are presented. Managers are one of the most important factors of gaining and maintaining competitive advantage of contemporary companies, so the companies should strive to attract, develop and retain the best managers, while striving to contribute to achieving their work/life balance. After defining the concept of work/life balance of managers, various theories of interrelationship between work and private life of managers are presented, and different determinants, effects, tactics and practices for achieving work/life balance of managers are reviewed. It is also emphasized that work/life balance of managers can be achieved by investing effort and time of managers in such a way that their work performance does not disturb the performance of their private activities and vice versa, but that the experience in one sphere of life contributes to the success in the other life sphere of managers. In the empirical part of the doctoral dissertation, a very complex conceptual research framework (model) is first created and a large number of dependent and independent variables included in this model are explained. Applying the developed model, the empirical research monitors, analyzes and quantifies the impact of various dimensions of work/life balance of managers on the productivity of managers and the productivity of companies, in order to confirm the defined research hypotheses. The empirical research sample consists of 470 surveyed managers, who are employed within all 3 hierarchical levels (operational, middle and top management) in companies in the Republic of Serbia. Using statistical methods, it is determined that private life satisfaction of managers significantly more than work satisfaction of managers affects both productivity and work/life balance satisfaction of managers. Also, a slightly higher level of private life satisfaction of managers is discovered compared to their work satisfaction. As a result of the conducted empirical research, the most successful practices i.e. recommendations for achieving work/life balance of managers are identified in order to improve their productivity and the competitive advantage of companies, while it is established that managers in Serbia use the practices and benefits offered in the companies slightly more compared to their independent application of practices outside of the companies