Change Management, A Factor for Development of International Business in The Business Environment Cover Image

Change Management, A Factor for Development of International Business in The Business Environment
Change Management, A Factor for Development of International Business in The Business Environment

Author(s): Aleksandar Nikolovski, Lazar Arsovski, Maia Tripunoska
Subject(s): Social Sciences, Economy, Business Economy / Management, Sociology, Management and complex organizations, Human Resources in Economy
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: Change; International Business; Modern Management; Business Environment
Summary/Abstract: The existence of effective, professional and independent managers is of crucial importance for the development of modern change management, an appropriate response to the modern management challenges and implementation of the practices of modern management, thus creating the conditions for the development of the economy and the public sector. The managers are the ones who direct the functioning of their organization in accordance with the strategy and accomplishment of the company’s goals. Today’s environment is becoming more and more diverse and complex to govern, especially for the real global managers. As business is becoming more and more globalized, there is a necessity for more global managers, who act globally, that do not merely deal with the professional goals, but also with the cultural differences and the human interactions at the workplace; they need to keep under control the cultural differences. Managing i.e. governing the employees from different cultural backgrounds means that they should keep pace with the production. Managing the differences of the cultures in different environments in which they work requires a great deal of pressure over them which is why it is necessary to develop certain qualities in order to be a successful change manager. In order to be successful in today’s global economy, managers need to be prepared to do business all around the world. International businesses have activities, partners, alliances and senior managers which represent every global region.