The general economic recession generated by the world financial crisis, with direct implications on funding, economic actors’ interactions, economic and social environment, technological progress and knowledge development, imposes the rethinking of the concept of performance in business...

The main purpose of this paper is to examine the impact of the current Serbian macro-environment on the businesses through the implementation of PEST analysis as a framework for assessing general or macro environment in which companies are operating. The authors argue the elements in presented...

In the last two decades Albania had shifted from a closed, communist economy to an open market where private sector has increased its influence, especially in production and trade sector. Today it can be studied and found the leaders of each sector by analyzing the position that these private...

Well formulated and implemented strategies are critical to firms’ performance. Strategic management is beneficial to a business as it operates in a dynamic and uncertain business environment. The study views strategic management as organisational risk management framework that promotes...

The article examines the experience of strategic management and planning of socio - economic development of the municipalities of the Russian North and the Arctic region for the period 2000-2012 years. 108 municipalities with a population of 20 to 100 thousand people, situated in the territories...

This paper describes a water accounting system (WAS) that has been developed as an innovative new tool for strategic long-term water management. The WAS incorporates both disaggregated water use and availability, provides a comprehensive and consistent historical database, and can integrate...

This paper describes science and technology (S&T) metrics, especially impact of metrics on strategic management. The main messages to be conveyed from this paper are: (1) metrics play many roles in supporting management of the S&T enterprise; (2) metrics can influence S&T development incentives;...

The paper analyzes the relationship of strategy and organizational culture as two fundamental concepts in management. The results of recent empiric research are first presented, which prove that there is a relationship of interdependence and influence between strategy and organizational culture....

We analyze patterns of flexible employment among the highly qualified workforce in knowledge-intensive firms. Our conceptual starting point is the Flexible Firm that can be traced back to Atkinson. On the basis of a qualitative field study in ten organizations, we show different patterns in...

In order to be successful in a competitive environment and to meet strategic objectives is necessary to implement a suitable performance management system for a certain business sector or industry. The performance measurement system based only on financial aspects worked well in industrial era,...