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Hidden Champions: Management and Leadership Development Needs

In: Hidden Champions in Dynamically Changing Societies

Author

Listed:
  • Amra Kožo

    (University of Sarajevo)

  • Alenka Braček Lalić

    (IEDC-Bled School of Management)

Abstract

The main aim of this chapter is to introduce management and leadership development needs identified by the research conducted among Hidden Champions (HC) companies in Central Europe and South-Eastern Europe (CESEE) and the Asian market. Today’s business environment is dynamic, turbulent, and hyper-competitive. It is characterized by rapid changes, and often, business literature describes it with the trendy managerial acronym VUCA (Bennett and Lemoine 2014). As a term, VUCA is first used in 1987 (Bennis and Nanus 1985) to reflect the volatility, uncertainty, complexity, and ambiguity of general conditions. By the time it got a deeper meaning, and each element of the VUCA acronym provide insights into the strategic movement and behavior of an organization.

Suggested Citation

  • Amra Kožo & Alenka Braček Lalić, 2021. "Hidden Champions: Management and Leadership Development Needs," Springer Books, in: Alenka Braček Lalić & Danica Purg (ed.), Hidden Champions in Dynamically Changing Societies, edition 1, pages 57-65, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-65451-1_6
    DOI: 10.1007/978-3-030-65451-1_6
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