ECONOMIC AND BUSINESS DEVELOPMENT STRATEGY IN YUGOSLAVIA AND SERBIA AFTER THE INTRODUCTION OF SELFMANAGEMENT

The paper is an attempt to highlight the importance of the period after 1950, which contributed to the strong economic and commercial development of the country, the former Yugoslavia, and within it, Republic of Serbia. The characteristic of that period, by the aspects of manager positions are that leaders in that period have managers realistic plans, a clear vision, human and social approach to employees, permanent control of the achiving of approved plans, as well as a sense of entrepreneurship. Purpose of the paper is not only a systematic view of a successful period, but also pointing to the importance of successful management of a system, which is translated into a new and higher system. Considering the fact that modern society is characterized by high complexity, turbulence, dynamism and rapid changes, the main objective of this paper is to point out the fact that such an experience can serve as a tool for economic development of a society in the present circumstances.