Top Management Team Tasks In Conditions Of Market And Political Change

Era of globality has brought the world to us, made it more accessible but on the otherside very demanding as competition has increased and demands of market have increased.All companies‘small, medium or big corporations are exposed to this market. Constantpolitical and social changes have influenced every market very much and has affecteddoing business is same, doesn‘t matter if it refers to local or global.Finding suitable people that are able to bring the company‘s ideas on local or foreignmarket, work under different conditions coming from market and work with people withdifferent backgrounds is crucial for surviving‘and success.In companies group of people that are able to lead the company and recognise the pathof its success is called top management team.Top management team (TMT) is consisted of people how are leaders in different businessareas. Gathering forces they are able to discuss company‘s challenges and find solution forthe same. Covering the most important fields of business they are bringing decisions aboutfuture of company. All together with just one aim, to bring company a success, they arestruggling making decisions facing different challenges coming from numerous sources,from in and out the company.I found it very interesting, challenging and useful to focus this study on such acomplex and important part, which existence and work is crucial and avoidable in anycompany.In Thesis paper I will introduce you to ‘Poliex‘‘company, its management team andchallenges they are facing. Doing research study on example of company ‘Poliex‘‘Montenegro, Europe is very interesting because first of all, area where this company issituated is still sensitive market, as through the history has survived three different countryformations and political regimes, as well as industry in which this company operates andpractises its main product, explosive, for military and civil needs.I hope to through this paper define crucial factors that influence TMT decision making. Are political situation and new market only challenges for this company or there is stillsomething else unpredictable?As this company sees its future investing in R&D and conquering new markets, I alsowant to define tools to achieve sent goals and develop level of top team management. Needof ‘Poliex‘‘TMT is to bring inspiring, futuristic, global standard in company and in theway of doing business but keep it realistic. In the end all challenges have left mark throughhistory on this market which is still in transit and ‘start up‘‘market.Top management team is challenged by many factors that sometime are unpredictable,which makes doing business in market such as Montenegro, not an easy task but possible!...