General Employee Satisfaction, Corporate Entrepreneurship, and Growth of Companies: An Empirical Study in Slovenia

Regardless of their size or industry, all organizations achieve their business objectives through their employees. Corporate entrepreneurship is also very important for the business performance of companies. This article deals with general employee satisfaction, corporate entrepreneurship, and the growth of companies. The general satisfaction of employees in terms of their satisfaction with work, their work environment, and the organization for which they work are extremely important to business performance. It is vital that employees find challenge, interest, and a sense of accomplishment in the work they do. The authors presented and empirically tested hypotheses about relationships between general employee satisfaction, corporate entrepreneurship, and company growth. Data for a regression analysis for testing the hypotheses were collected via responses to a structured questionnaire on a sample of Slovenian companies. The research results indicate positive relationships between general employee satisfaction and corporate entrepreneurship, corporate entrepreneurship and company growth, and general employee satisfaction and growth of the company. Satisfied employees are an important factor for the sustainable development of enterprises, economies, and societies. Employees are key to the achievement of internal quality in every business organization, regardless of the firm size or industry, and, consequently, integral to the business performance of companies. Managers may identify the interests of employees and receive feedback from them in order to improve business results. Some companies have overly rigid hierarchical structures, operate according to established routines, lack strategic business connections, and offer poor organizational support, so corporate entrepreneurship—entrepreneurship inside existing organizations—as a driving force of the freedom and improved performance of employees becomes even more important for firm operation and growth. Key employees may leave the company if their needs are neglected. Organizations should take good care of all their employees, especially those with drive, innovativeness, and actual or potential contributions to the creation of better products or services. Organizations have many opportunities for employee development, and so do