engleski

The role of management in the accession process of B&H to the EU

The main goal of B&H in the near future is accession to the EU. An economic system of B&H is characterized by a low competitiveness, the low share of people with higher education, low education of the labour force, low technological competitiveness, and generally bad governance and economy. All these factors make the accession process difficult. In order to make the mentioned process easier, it is necessary to gradually establish institutions that guarantee democracy and the rule of law and provide other fundamental freedoms. It is also necessary to establish functional market economy capable to fairly compete with competition in the Internal European market and to adapt administrative structures and make them able to implement the EU acquis. The whole process is emphasized by role of management. Critical characteristics of management in B&H are lack of clearly defined activities and disorganized management structure.Each level of management functions needs further increase by engaging the additional forces and finding new sources of knowledge. These procedures are necessary in order to analyse external and internal environment, to define coordinated plans and goals, and strategies for easier problem counteracting. Changes in the implementation of management functions and raising them to a higher level, contribute the success of each company, and further to success and development of the whole B&H economy. The main objectives of the Medium Term Development Strategy are complemented by the need for development of export-oriented private sector, which will demand the Institutions to: improve the business climate for domestic and foreign investment and support for entrepreneurship, accelerate the privatization process, reduce corruption in the society and carry out judiciary reform, preserve the stability of the financial sector and rapid development of capital markets, carry out the reform of the labour market, further trade liberalization in the region, support exports, public administration reform and the establishment of an adequate system of social protection. Using systematic research of companies characteristics in B&H, and characteristics of enterprise owners, it is possible to determine the direction of development of management as a key tool in achieving the set goal. Without quality management development and systematic management development, Bosnia and Herzegovina would not reach effective integration in the economic system of the European Union. After Croatian accession, European Union could be closed for new members for a long time because of the intention to change its internal structure. Despite the statements of European leaders on the prolongation of further enlargement, managers of public and private enterprises and other institutions in B&H must work systematically to increase their knowledge of Management, which will contribute to the growth and development of the country.

EU ; B&H ; management ; accession ; institutions ; enterprise

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