Podnikateľská orientácia manažmentu výroby na Slovensku
BUSINESS ORIENTATION OF PRODUCTION MANAGEMENT IN SLOVAKIA

Summary/Abstract: At the moment there has been rather an intensive discussion in the world press and professional periodicals about possibilities of economic development. Within the framework of these discussions an eminent attention has been dedicated to the issues of supervising and controlling of companies – corporate governance. This issue represents a sig-nificant aspect of increasing the competitive advantage of a number of entrepreneurial units as well as macroeconomic environment. The effectiveness of corporate governance depends on the quality of institutional background. The effective development of production, belonging to the mentioned issues, brings about a great number of basic problems caused by transition to market economy. Taking into consideration the trends that prevail in the company development, the heuristic attitude aims at a more detailed analysis of interaction, collaboration and synergy of corporate governance and management of production. The reason why it is so has resulted form many unanswered questions and unsolved problems in the both mentioned fields. Company failures prove the fact that ownership and management relations were not solved and that there are difficulties with corporate governance creation. There is a rapid change in the value of different forms of capital in companies and a serious question is being asked about the limits of a organization and how the individuals in those organizations should be motivated. As far as corporate governance concerns it is necessary to respect such basic functions, trends and preferences in the production management that define the scope of entrepreneurial orientation. Even after about twelve-year transformation process of economics to market econ-omy, Slovak companies are still no table to fulfil strategic development tasks. It is not possible to maintain development by operational plans, but strategic approach is the right answer. The principles of strategic direction in corporate governance development in Slovakia can be summarised in several basic preferences. Within the scope of corporate governance it is necessary to deal with the problems of entrepreneurial system (approach), with expertise in production management and with respecting of social aspects. Effective corporate governance requires from the owners to be supplied with professional staff and managers who are able to act in accordance with the market principles and maintain also social aspects of management – remuneration, possibility of re-training, involvement in company property, employment rate. Restructuring and diversification of production is a serious prerequisite. These issues have been recognized and frequently mentioned but not solved so far. To date Slovak economy has been notoriously know for its oversized and structurally unfit industry, for non-perspective production structure that was being created for and orientated at eastern markets, irrespective of its effectiveness and other economic parameters.

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