Nature and characteristics of management consulting in Serbia Cover Image

Nature and characteristics of management consulting in Serbia
Nature and characteristics of management consulting in Serbia

Author(s): Branko Mihailović, Zoran Simonović, Radojica Sarić
Subject(s): Economy, Business Economy / Management
Published by: Društvo ekonomista "Ekonomika" Niš
Keywords: consulting; development factors; education and awareness; affirmation of market economy

Summary/Abstract: Given the current trends in the consulting countries of our region, as well as the degree of development of guidelines consulting with EU countries, the market for consultancy services in Serbia has not been significantly developed in the past.Owners and managers of companies are still not enough to feel the need for external services, which would solve business problems. Bearing in mind the level and quality of demand, not offer to consult services has not reached the required level. Accordingly aim at this paper is to examine the nature and developmental aspects of management consulting in Serbia in the transformation of the economy towards market business model. The research results show that the development of the market of consulting services is not a simple or easy task that can be accomplished in a short period and with modest financial contribution to the country. Local private consulting sector often lacks not only an interest in this area, but the real capacities, and entrepreneurs are willing to spend their time and money only to services from which they can see direct benefits in a very short period of time. In such circumstances, private market these service can hardly be generated independently.