Research Article

NAVIGATING FINANCIAL AWARENESS ACROSS GENERATIONAL SHIFTS: INTEGRATING AGILE MANAGEMENT FOR FUTURE SUCCESS

Volume: 20 Number: 1 December 31, 2024
  • Szilárd Malatyinszki *
  • Géza Horváth
  • Botond Géza Kálmán
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NAVIGATING FINANCIAL AWARENESS ACROSS GENERATIONAL SHIFTS: INTEGRATING AGILE MANAGEMENT FOR FUTURE SUCCESS

Abstract

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.

Keywords

References

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Details

Primary Language

English

Subjects

Labor Economics, Microeconomics (Other), Finance, Business Administration, Business Systems in Context (Other)

Journal Section

Research Article

Authors

Szilárd Malatyinszki * This is me
0000-0002-1624-4902
Hungary

Géza Horváth This is me
0009-0004-2757-3826
Hungary

Botond Géza Kálmán This is me
0000-0001-8031-8016
Hungary

Publication Date

December 31, 2024

Submission Date

October 15, 2024

Acceptance Date

November 15, 2024

Published in Issue

Year 2024 Volume: 20 Number: 1

DOI

https://doi.org/10.17261/Pressacademia.2024.1916

IZ

https://izlik.org/JA83MP54WZ

Cite

RIS / Bibtex
APA
Malatyinszki, S., Horváth, G., & Kálmán, B. G. (2024). NAVIGATING FINANCIAL AWARENESS ACROSS GENERATIONAL SHIFTS: INTEGRATING AGILE MANAGEMENT FOR FUTURE SUCCESS. PressAcademia Procedia, 20(1), 5-9. https://doi.org/10.17261/Pressacademia.2024.1916
AMA
1.Malatyinszki S, Horváth G, Kálmán BG. NAVIGATING FINANCIAL AWARENESS ACROSS GENERATIONAL SHIFTS: INTEGRATING AGILE MANAGEMENT FOR FUTURE SUCCESS. PAP. 2024;20(1):5-9. doi:10.17261/Pressacademia.2024.1916
Chicago
Malatyinszki, Szilárd, Géza Horváth, and Botond Géza Kálmán. 2024. “NAVIGATING FINANCIAL AWARENESS ACROSS GENERATIONAL SHIFTS: INTEGRATING AGILE MANAGEMENT FOR FUTURE SUCCESS”. PressAcademia Procedia 20 (1): 5-9. https://doi.org/10.17261/Pressacademia.2024.1916.
EndNote
Malatyinszki S, Horváth G, Kálmán BG (December 1, 2024) NAVIGATING FINANCIAL AWARENESS ACROSS GENERATIONAL SHIFTS: INTEGRATING AGILE MANAGEMENT FOR FUTURE SUCCESS. PressAcademia Procedia 20 1 5–9.
IEEE
[1]S. Malatyinszki, G. Horváth, and B. G. Kálmán, “NAVIGATING FINANCIAL AWARENESS ACROSS GENERATIONAL SHIFTS: INTEGRATING AGILE MANAGEMENT FOR FUTURE SUCCESS”, PAP, vol. 20, no. 1, pp. 5–9, Dec. 2024, doi: 10.17261/Pressacademia.2024.1916.
ISNAD
Malatyinszki, Szilárd - Horváth, Géza - Kálmán, Botond Géza. “NAVIGATING FINANCIAL AWARENESS ACROSS GENERATIONAL SHIFTS: INTEGRATING AGILE MANAGEMENT FOR FUTURE SUCCESS”. PressAcademia Procedia 20/1 (December 1, 2024): 5-9. https://doi.org/10.17261/Pressacademia.2024.1916.
JAMA
1.Malatyinszki S, Horváth G, Kálmán BG. NAVIGATING FINANCIAL AWARENESS ACROSS GENERATIONAL SHIFTS: INTEGRATING AGILE MANAGEMENT FOR FUTURE SUCCESS. PAP. 2024;20:5–9.
MLA
Malatyinszki, Szilárd, et al. “NAVIGATING FINANCIAL AWARENESS ACROSS GENERATIONAL SHIFTS: INTEGRATING AGILE MANAGEMENT FOR FUTURE SUCCESS”. PressAcademia Procedia, vol. 20, no. 1, Dec. 2024, pp. 5-9, doi:10.17261/Pressacademia.2024.1916.
Vancouver
1.Szilárd Malatyinszki, Géza Horváth, Botond Géza Kálmán. NAVIGATING FINANCIAL AWARENESS ACROSS GENERATIONAL SHIFTS: INTEGRATING AGILE MANAGEMENT FOR FUTURE SUCCESS. PAP. 2024 Dec. 1;20(1):5-9. doi:10.17261/Pressacademia.2024.1916

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