[Challenge:Future] CroTNT: The Future of Work- Malcolm in the middle
-
Upload
challengefuture -
Category
Documents
-
view
69 -
download
3
Transcript of [Challenge:Future] CroTNT: The Future of Work- Malcolm in the middle
CRO TNTTHE FUTURE OF WORK“MALCOLM IN THE MIDDLE”
•Eastern Europe Countries (Croatia)
•Team leader: Domagoj Vukojević
•Team members: Domagoj Vugrin, Iva Zorić
•Country: Croatia
• School: University of Zagreb, Faculty of Economics & Business
ADVANTAGES
DISADVANTAGES
• Highly capable intellectual capital
• Natural potentials
• Strategic location
• ICT infrastructure
• Cheap labour
• Low turnover
•Underdeveloped infrastructure
•An incomplete transition from central planning -has led to an insufficiently integrated economy and disparities in wealth distribution, geographically and demographically
•Corruption
•Unefficient bureaucracy
• Lack of transparency & regulation
•Low production efficiency
•Weak judicial and law system
SOURCES:
http://www.buyusainfo.net/body2.cfm?srow1=25&id=0&dbf=ccg1&secondline=1&fontsize1=2&fontsize2=1&fontface=1&logic=and&loadnav=no&a
var=19919;https://www.cia.gov/library/publications/the-world-factbook/geos/lh.html; http://iab.worldbank.org/;http://www.liaa.gov.lv/invest-
latvia/competitive-advantages/skilled-and-motivated-workforce; http://www.investlithuania.com/en/why-invest/talent-pool
Characteristics of Eastern Europe
Agriculture
-spare land is plentiful in parts of Eastern Europe and Russia, and the scope for increasing productivity by reducing losses and raising yields is high
Renewable energy technologies
-expansion of EU to the Eastern European countries, will require from a new members affirmation of a “Green paper”
IT industry
-estimated average growth per year of IT industry in Eastern Europe is 6,8%
SOURCES:http://www.fao.org/docrep/004/y3557e/y3557e08.htm;
http://ec.europa.eu/energy/strategies/2006/2006_03_green_paper_energy_en.htm; Buchan David: EE energy challenge: meeting its EU
climate commitments; http://www.poslovni.hr/tehnologija/idc-u-2013-ocekuje-rast-it-trzista-24-posto-a-u-2014-godini-od-85-posto-220715
Plan is to increase the
share of renewable
energy to 20% and to
make a 20%
improvement in energy
efficiency till 2020.
Western perception
Interviews with our international colleagues (Finland, Sweden, Germany, France) gave us some frame to judge their perception of Eastern Europe. Some of our findings are:
Corruption is moderate
Labor force is less skilled than Western
They expect cheap products
Macrostability is dependant on EU stability
Average problems with bureacracy are expected
Conclusion from interviews
Eastern Europe has poor perception
Well known fact is that consumers rely heavily on emotions and perception
Because all of that our opinion is that Eastern Europe countriesshould shift their focus from producing consumer goods to producing intermediate products
IT industry in Croatia
SOURCE: http://globalindex11.bsa.org/country-table/; http://www.moj-posao.net/Vijest/71274/Hrvatskoj-nedostaje-kvalitetnih-ICT-strucnjaka/2/;
http://www.datapult.info/en/content/quality-math-and-science-education-wef-globalcompetitivenessreport-2010-11;
http://www.nacional.hr/clanak/107354/ict-industrija-hrvatska-biljezi-izuzetne-rezultate-ali-mogla-bi-i-puno-bolje;
http://www.profitiraj.hr/edukacija/it-kompanije-zaposljavati-ce-preko-32000-hrvata-do-2013-godine/
Croatia ranks 40th
in the latest IT
Industry
Competitiveness
index
Highly educated human
resources
Estimated growth of
IT industry in future
years in Croatia will
be around 8.5% per
year
39 000
workers in IT
sector
Development of Croatian IT sector
is enhanced by introduction of
Investment initiation and investment
surroundings improvement Law
56% of IT companies
in Croatia will
continue to hire
experts in this field
Future growth
Quality of math
and science
education (WEF
Global
Competitivenes
s Report)-grade
5 out of 7
leaving behind
countries like
GER, USA, RUS,
GBR and
beating all EE
countries
Organizational structure
• Shallow and flexible
• Decentralization with centralized control allows development of IT
• Shorter chains of command
Size
• Small enterprises
• Medium enterprises
Ownership structure
• General Partnership
• Limited Partnership
• Limited Liability Company
SOURCE:Drucker, P. F.: Management challenges for the 21st century, Butterworth-Heinemann, Oxford,1999.; Sikavica, P.,
Bahtijarević-Šiber, F., Pološki Vokić, N.: Temelji menadžmenta, Školska knjiga, Zagreb, 2008.
SECTORS IN THE COMPANY THAT WILL BE MOST IMPORTANT
R&D
IT
Controlling
It will help to ensure that objectives and
accomplishments are consistent with one another throughout an organization.It leads to preventing
unnecessary costs
The task of product
research and development
will be to come up with
the goods and services
that meet the needs of
tomorrow's customers
Goal: maximize
productivity as well as
profit
TIMELINE
“MALCOLM IN THE MIDDLE”
We say, REFOCUSING!!... Eastern Europe should produce more complex products than Far East and more cheaper products than West.
"An investment in knowledge pays the best interest." - Benjamin Franklin