TY - JOUR T1 - NAVIGATING FINANCIAL AWARENESS ACROSS GENERATIONAL SHIFTS: INTEGRATING AGILE MANAGEMENT FOR FUTURE SUCCESS AU - Malatyinszki, Szilárd AU - Horváth, Géza AU - Kálmán, Botond Géza PY - 2024 DA - December Y2 - 2024 DO - 10.17261/Pressacademia.2024.1916 JF - PressAcademia Procedia JO - PAP PB - Suat TEKER WT - DergiPark SN - 2459-0762 SP - 5 EP - 9 VL - 20 IS - 1 LA - en AB - Purpose – The purpose of this study is to explore the intersection of financial awareness, generational differences, and agile management practices in achieving organizational success within the context of rapidly changing economic realities and workforce dynamics. The study aims to understand how agile management can support financial literacy across different generational groups, thereby enhancing organizational adaptability and resilience.Methodology – The study employs a mixed-method approach, combining quantitative surveys and qualitative interviews. The surveys evaluate financial literacy levels among employees across generational cohorts, while the interviews gather insights from management teams utilizing agile frameworks. This dual approach ensures a comprehensive analysis of the relationship between generational financial literacy and agile management practices. Findings – The analysis reveals significant generational differences in financial literacy, with younger employees demonstrating higher adaptability but lower financial literacy compared to their older counterparts. Agile management practices, characterized by flexibility, collaboration, and iterative learning, were found to effectively bridge these gaps. These practices facilitated continuous learning and enhanced cross-generational communication, fostering a more cohesive and financially literate workforce. Conclusion – Based on the analysis, it may be concluded that integrating agile management practices with targeted financial education programs significantly improves financial literacy across all generational cohorts. This integration not only equips organizations to navigate generational shifts more effectively but also strengthens their financial resilience and adaptability to evolving market dynamics. KW - Agile management KW - financial literacy KW - generational differences KW - workforce adaptability KW - organizational resilience. CR - Chau, P. Y. K., & Tam, K. Y. (2000). Organizational adoption of open systems: A "technology-push, need-pull" perspective. Information & Management, 37(5), 229–239. https://doi.org/10.1016/S0378-7206(99)00050-6 CR - Choi, J., Laibson, D., & Madrian, B. C. (2020). Financial education and the knowledge-action gap. Annual Review of Economics, 12, 23-45. https://doi.org/10.1161/STROKEAHA.117.015909 CR - De Massis, A., Frattini, F., Kotlar, J., Petruzzelli, A. M., & Wright, M. (2018). Innovation through tradition in family firms. Academy of Management Journal, 61(4), 1234–1282. https://doi.org/10.5465/amp.2015.0017 CR - Dikert, K., Paasivaara, M., & Lassenius, C. (2016). Challenges and success factors for large-scale agile transformations: A systematic literature review. Journal of Systems and Software, 119, 87–108. https://doi.org/10.1016/j.jss.2016.06.013 CR - Khan, A. A., Akbar, M. A., Lahtinen, V., Paavola, M., Niazi, M., Alatawi, M. N., & Alotaibi, S. D. (2025). Correction: Agile meets quantum: a novel genetic algorithm model for predicting the success of quantum software development project. Automated Software Engineering, 32(1), 1-11. https://doi.org/10.1007/s10515-024-00474-5 CR - Villegas-Ch, W., Navarro, A. M., & Sanchez-Viteri, S. (2024). Optimization of inventory management through computer vision and machine learning technologies. Intelligent Systems with Applications, 24, 200438. https://doi.org/10.1016/j.iswa.2024.200438 CR - Lee, S., & Edmondson, A. C. (2017). Self-managing organizations: Exploring the limits of less-hierarchical organizing. Research in Organizational Behavior, 37, 35–58. https://doi.org/10.1016/j.riob.2017.10.002 CR - Lusardi, A., & Mitchell, O. S. (2014). The economic importance of financial literacy: Theory and evidence. Journal of Economic Literature, 52(1), 5–44. https://doi.org/10.1257/jel.52.1.5 CR - Twenge, J. M., & Campbell, S. M. (2008). Generational differences in psychological traits and their impact on the workplace. Journal of Managerial Psychology, 27(4), 321–340. https://doi.org/10.1108/02683940810904367 UR - https://doi.org/10.17261/Pressacademia.2024.1916 L1 - https://dergipark.org.tr/en/download/article-file/4552640 ER -