Despite so much of knowledge, the world is experiencing economic and psychological depression. More and more companies are becoming sick and bankrupt every day. The study provides some of the distinguishing features of the financial capital and the human capital and the need for focusing on...

This paper examines the interrelationship between management control system (MCS) mechanisms and strategy. The traditional view is that the MCS is shaped by organisational strategy. More contemporary viewpoints, however, suggest that there may be a two-way relationship between the two variables....

Within the past fifteen years law firms have been buffeted by such dramatic changes that their very viability is in jeopardy; changes including heightened competitive risks, a tumultuous global economy, increased competition for top law school graduates, the changing expectations of junior...

Objective – It is essential for organizations in 21st century to evolve with time. In this regard, both the management and employees of an organization play an essential role in the implementation of change. One way of determining the success of organizational change is by identifying the...

The Internet has had a profound effect on the speed and global reach of competition, which has pushed the need for adaptivity to the forefront of corporate survival. Because of an unprecedented convergence of technologies, threats to companies can come from unexpected places. This necessitates a...

The world has changed as we entered the new situation full of volatility, uncertainty, complexity, and ambiguity. To be able to cope with this situation, an organization has to translate the challenges into a clear vision and action. A leadership style that is agile to adapt with the magnitude...

As the business market environment continues to shift and long-term stability is not easily attainable with the constant market disruptions and emerging regions. In order to compete on this platform, organizations must maintain flexibility within their business models and strategies to...

Many researchers believe that knowledge is the most important resource in the contemporary economy, but empirical studies show that knowledge management is not among the most used managerial tools. This gap can be explained by help the hypothesis that knowledge management produces the...

The progressing globalization processes and new technological solutions require the organization to constantly adapt to changes taking place in the environment. More and more companies implement process management, both at the strategic and operational levels, considering the project and...

What is all the hype about regarding action research (AR)? What does AR mean in layman’s terms? Why do we need AR? Who should conduct AR? Where and when should it be conducted? These questions may seem easy for a person experienced in performing AR, but it does not have to be only for the...