Professionalization of management – an important factor in improving business

Within the project KRIN – Creation of a Regional Innovation Network, a two-day training for directors of enterprises and their associates on topic “Organization and operational management of the company ” was organized.

Company directors and their associates had the opportunity to get acquainted with various modalities of management and organization of a company, challenges in transition of management from founders to professional managers, as well as topics related to transferring business to the next generation, business continuity, etc. The participants emphasized that this topic needs to be given greater attention in the coming period, as a prerequisite for more effective management and achievement of better results.

The workshop was led by Mr. Boris Vukić from the renowned Adizes South East Europe organization, who is an expert in areas of family companies and companies moving from entrepreneurship to professional management.

According to the feedback received, the company’s directors were very satisfied with the workshop held, which led many of them to thoughts about possibilities for improvement of management.

Within the KRIN project – creation of a regional innovation network, the last of the four planned trainings will be organized in September, on the topic of innovation of business models.

Project is co-financed by the European Union within the joint programme of the European Union and the German Government for local self-government and economic development in BiH – EU ProLocal, which is implemented by GIZ. The project budget is 233.795 BAM co-financed by the European Union in the amount of 186.498 BAM. The project contributes to improved competitiveness of SMEs in sectors of metal and wood processing in local communities Prijedor, Kozarska Dubica, Gradiška, Laktaši, Prnjavor, Derventa, Banja Luka, through networking of key stakeholders and solving market failures. More information about the project is available here.