International Conference on Eurasian Economies

1-3 July 2014 – Skopje, MACEDONIA

Paper detail

Paper ID : 930
Status : Paper published
Language : English
Topic : Growth and Development
Presenter: Asst. Prof. Dr. Leonid Nakov
Session : 2A Growth & Development

Strategic Determinants for Managing the Optimal Changes in the Model for Sustainable Growth
Strategic Determinants for Managing the Optimal Changes in the Model for Sustainable Growth

• Prof. Dr. Ljubomir Drakulevski (Ss. Cyril and Methodius University, Macedonia)
• Asst. Prof. Dr. Leonid Nakov (Ss. Cyril and Methodius University, Macedonia)

Abstract

The prior importance of the concept of sustainability, as well as its prior developmental orientation, is one of the most challenging and prospective approaches to a more systematic and a less chaotic organizational and economic growth and development. With the process of launching the “New Global Reporting Initiative”, in August 2010, the awareness for a profound integration of the needed data and information on the model for sustainable growth emerged, consisting of a numerous initiative organizations, such as UN Global Compact and WWF, the Prince’s Accounting for Sustainable Projects, International finance and accounting standard settlers, which in fact establish a concept of comparable integrated sustainable framework. The dominant importance of the above framework is unifying the information for running the day-to-day operation in a sustainable manner, in order to emphasize the focal understanding of the sustainability as triple bottom line aspects – the balance of harmony between the economic, social and environmental sustainability. Each organizational form nowadays possesses a need for complying its performance as a dynamic, vital and alive entity, in order to shift the prevalent consideration of the human resources from a source of value creation, to a focal creative force within, as an initial step for a vivid responding to the features of the new organizational evolution. The systemic approach to planning and implementing changes is the base for the tendencies of an external adaptation and internal integration.

JEL codes: O40

Drakulevski, Ljubomir, Nakov, Leonid (2014). "Strategic Determinants for Managing the Optimal Changes in the Model for Sustainable Growth" in Proceedings of International Conference of Eurasian Economies 2014, pp.51-57, Skopje, MACEDONIA.

DOI: https://doi.org/10.36880/C05.00930

Full paper in PDF format.

Session 2A: Growth & Development