Belgrade, Serbia & Montenegro – April 6, 2004 – The oldest and most prestigious daily newspaper in Serbia and Montenegro (SCG), POLITIKA, describes the growing management recruiting industry in the country in an interview with Dejan Trpkovic, the principal of Prodirekt, one of the leading management consulting and executive search firms in SCG.
Mr. Trpkovic comments that Serbian experts living abroad are not returning in higher numbers to SCG since the gap in their salary expectations and market conditions are still too wide.
“Credit crunch and strained cash flow pose a major problem for fast growing small and medium size companies in attracting professional management,” says Trpković. He adds “Local managers are not interested in equity compensations.”
“It is not good to see that most local companies are still thinking that they are implementing strategic management when they plan three years in advance,” adds Dejan Trpkovic. “Senior managers should be able to predict market trends and be proactive in the positioning of their companies on the market.”
“Although we try to focus on the selection of senior executives, Prodirekt sometimes has to engage in the middle management searches. The market is simply not developed yet to the extent to make the searches for top management an exclusive business option,” explains Trpkovic why major international retained executive search firms are still not present in SCG.
Complete interview: Katarina Sekulic: “Turnkey solution for engaging the best professionals” in Politika (April 6, 2004, in the Serbian language). Download PDF version here.
Politika AD is the oldest newspaper publisher in the Balkans – founded in 1904. Politika Newspapers & Magazines, a part of Politika AD, was founded on March 1, 2002 as a joint venture between Politika AD and “Westdeutsche Allgemeine Zeitung” (W.A.Z.) from Essen, Germany. Politika AD publishes three daily newspapers and 14 magazines – weeklies, bi-weeklies, and monthlies. Politika, a daily, is considered one of the most respectable newspapers in Southeast Europe.
Prodirekt provides strategic management and human resource consultancy services to clients ranging from large corporations to emerging growth companies in southeast Europe, across a broad range of industries and sectors. The company has earned a reputation for successfully completing the most complex management searches in the region due to Prodirekt consultants’ in-depth knowledge of specific industry sectors and years of direct senior-level experience and long-standing relationships with top leaders.